Mr. Bernard Byrne:

The answer is yes, but it goes back to the same point which is the choice of where the capital came from was made simpler in that instance. Whether the State on a long-term basis has granted the benefit of tax losses to an entity or whether it has decided to upfront it, the State was going to have to write the cheque, and it has managed in effect to avoid this position. It is part of the capital structure of the bank, so I do not think it is quite as straightforward.