Mr. Dargan Fitzgerald:

Well, Deputy, first of all, I am not sure I can really comment as I wasn't involved in that process and, you know, the approaches taken by NAMA in relation to the banks and the actions it carried out resulted, I understand, in different levels of discount, depending on the nature of the portfolios taken over. So, I actually can't speculate as to how exactly those numbers were arrived at. It's probably important to bear in mind that ... that two calendar years, I think, at least, had elapsed by the time that process took place with NAMA and so I think the importance of the phase of the economic cycle, with reference to audited financial statements, is very crucial. And, again, the point I'd refer to is that the financial statements for 2008 are drawn up to a point of time and that the audit opinion confirms that they give a true and fair view in accordance with the applicable accounting standards relevant at that time.