Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay. Thank you very much. I want to turn to one matter there, please, before I bring in Deputy O'Donnell and that's in regard to the NAMA-acquired loan portfolios from Bank of Ireland. This is in the core document, page 25 - annual report and financial statement. So, in there when NAMA acquired the loan portfolios from Bank of Ireland, NAMA imposed a haircut of over 43% on the nominal loan on the value of assets at that particular time and Senator Barrett touched upon this with you. Can I maybe just ask, were you satisfied with the valuation methodology used by Bank of Ireland assessing the value of Bank of Ireland's land and development loan book and the potential impact upon the subsequent provisioning?