The second question is by what metric or manner is the Government claiming that this merged entity is going to earn the Crown and the taxpayer $306.1 million over six years, as is stated in the Cabinet paper. RNZ is not a profit-making entity now and it won't be in the future. TVNZ has gone through a succession of roller-coaster financial performances, which up until about 2020 was really just chump change: 2017, $1.4 million; 2018, $5.1 million; and 2019, $2.9 million in after-tax earnings. Now, it did do better in 2020—that's true—but there's no real indication that it's going to maintain that level of profitability that would get it anywhere near a $301.6 million rate of return over the next six years. So the numbers are plucked out of the air. 