Mr. John McDonnell:

And, therefore, the focus of the management and directors of Bank of Ireland was, "We have to apply this properly. Let's get on and make sure that we do apply it properly and we understand it in all its minutiae." And our primary concern was to ensure that our staff, our managers and our directors understood it in all its minutiae so, therefore, it could be applied properly. So, we could stand back at the end of the day and say, "We understand IAS 39 and we understand it's been properly applied", because that's our role in this.