Mr. Richie Boucher:

No. We looked to maximise the recoveries, so in answer to a question from Deputy Harris - my apologies if it is the wrong Deputy - I set out the accounting write-offs. The accounting write-off occurs after we have realised our collateral and maximised all other forms of recovery. Very often, that involves insolvency. In some instances with corporates, we will do a debt for equity swap. We do not write that off but we provide upfront for that.