Mr. David Duffy:

Well I think that would be a matter of opinion for the shareholder and the markets but I would look at this as very simply returning AIB to a sustainably profitable bank, to allow it to generate capital to lend and to allow it generate a shareholder return, which allows in turn a valuation to be ascribed to the bank, where it is not just profits that repay the taxpayer, it is the valuation of the bank in the sale. So, it is still my belief that we will return all those funds to the taxpayer over time. It is a matter of opinion as to how you should characterise it, but the output is that the State will get repaid all of its funds no matter how we characterise it in the interim.