Mr. Paul Stanley:

The Deputy asked about land and development. There is €7 billion in that portfolio and some €5.7 billion of that is in impaired loans, which is indicative of the quality and locations of those properties. Some 71% of those impaired loans are provided against. A large part of that portfolio comprised elements that were to go to NAMA, but a threshold level of €20 million was introduced so they remained on the bank's balance sheet. The quality of the portfolio is reflected in the figures. With regard to alternative uses to which these properties could be put, I do not have a view I could convey to the committee on that.