Case No. BV20D0029

GRAND TOTAL £12,479,304This schedule is based on figures which are largely agreed. I have taken H’s updated figures for his own resources, notwithstanding W’s objections, because it seems to me, they give a more accurate picture. The total of H’s assets is reduced by about £461,000 since the previous round of disclosure because of legal fees and general living expenses, as well as the recent decline in stock market values. A detailed explanation has been given by counsel for the reduction which I am willing to accept. I make clear that the outcome of my decision, based as it is on W’s needs, would be the same whether allowing for these reduced figures or not.17.H’s earned income is modest; his non-executive director salary at Company 2 is €49,000pa net, and last year his dividend share was €15,600 net. In reality, he, and by extension W and the children, have lived off the very significant largesse of his father. I am satisfied that his earning capacity at his age, and outside his work for the family office which has now reduced, is not particularly high; for nearly 20 years he has depended on his father’s munificence. I am also satisfied that W has no meaningful earning capacity.