Mr. Barry O'Leary:

That would not be correct. Our relationship is with local authorities. We will facilitate the local authorities in managing their cash flow. If they have renegotiated with a client on the ground, the cashflow coming from that loan is different but they must be careful that the cashflow they are about to pay us for our loan is matched with that. We will mirror anything they do on the ground in order to facilitate them but it is not our policy to renegotiate because our clients are only the local authority.