Mr. Richie Boucher:

The provision to write back a recovery in the accounts was €280 million. That reflected the changes in our financial models and, in particular, reflected a change in house price assumptions. Up to June 2014, we had been making a conservative assumption that the peak to trough fall in house prices was 55%. Then as we considered our provision, we said there was probably another 10% on top of that for cost of disposal and cost of sale etc. As the market improved, from an accountant point of view an ability to continue to maintain a 55% assumption was no longer correct and that was reflected in €280 million of a provision recovery.