Mr. Brendan McDonagh:

Yeah, it was definitely at 100%.

And when we came to look at them and examine and saying, how ... you know, are they entitled to that full amount back, then we only refunded them €1.169 billion back, and we disqualified the remaining. So, effectively, there was €1 billion they had advanced in that period which we deemed to be eligible that they didn't stand up commercially. And you can see there by institution how much is eligible in each institution, and some ... you know, every institution suffered a loss in terms of that. So, you know, their lending practices even post-NAMA probably would have thought ... you'd have thought should have been tight after ... post ... because the loans were coming to NAMA, and obviously this shows that, you know, when we looked at the loans and acquisitions and said ... questioned them, and said, "Show us the commercial rationale of why you issued this money so that we can actually refund you 100% as under the Central Bank letter," they weren't able to justify it and we qualified €1 billion worth of money that they issued between May 2009 and the acquisition during 2010.