Mr. Terence O'Rourke:

No, not ... previous in my life I had been involved in the Institute of Chartered Accountants and we would have had discussions about bringing in IFRS and we would've probably been in discussions with the Financial Regulator at that stage and it was one of the issues that we would be coming to that but financial statements can only provide ... I mean, the financial statements tell the story of numbers based on certain rules but there are other things to be taken into account and the Financial Regulator has other weapons and other methods of assuring and I mean, banks have a way of making sure that they have enough capital. I mean, putting aside additional audit provisions is one way of doing it but there are other ways of doing it as well. So the fact that IAS 39 came along didn't mean that suddenly all the accounts were on that.