Mr. Stephen Bell:

We have not yet seen any situation where that would even be relevant. In the case of the typical customer in arrears, for every €1 of mortgage repayment, there is €60 of unsecured debt repayments. On the basis that unsecured debt is unsecured and must be the first casualty of any personal restructuring, we have not see any situation yet, given that the average balance with which we are dealing is relatively small, where any kind of write-off would be in any way appropriate.