Mr. Gerry Fitzpatrick:

I think it's not quite there. What standards require you to do is to say ... certain items can be measured, there is no judgment of it, cash is cash. What you're required to do is to say where the significant judgment required in the determination of an asset or a liability, you've got to describe that uncertainty. So in relation to pension liabilities, in relation to asset impairment, so in significant debts and judgments, you are required to make statements about it. So I think that's what he is referring to which is IAS 1 says you must do that and I think that was properly done. The question is what depth you can put on it, because you're saying "Well, something could move, as you say, which is a boilerplate statement." You don't know what it might move by, you're just highlighting to the user that this is something that is based on judgment.