Mr. Cormac McCarthy:

Well ... all of our audit opinions were clean audit opinions and they were ... you know, our accounting policies in Ulster Bank, which is the only ones I can speak for, were the accounting policies of the larger group, Royal Bank of Scotland, and our audit opinions and our accounts have been submitted to the inquiry. There has been some debate as to the appropriateness of provisioning policy through IAS 39 but it was what it was, so in the circumstances and with the policies that were in place at the time, you know, all I can say is our audit opinions were clean. And circumstances, you know, changed after the event.