Mr. Brendan McDonagh:

No, because once we got the loans, we had to deal the... deal with the hand we were dealt with. And we actually had to manage the debtor in aggregate and where there was gaps in security ... for argument's sake, if there was a surplus in one asset and it wasn't cross-capitalised we'd try to move to get that surplus cross-capitalised onto other assets. So that is something you can do when you're aggregating together, it's not something you can do when you are dealing with a bankable sum.