Mr. Dargan Fitzgerald:

Thank you. So my first point to mention is that the work we carried out is both at an overall level, and as I think as I previously mentioned, is in relation to individual loans. And where we are carrying out audit work in relation to individual loans, we are considering the collateral values if it is appropriate in considering the carrying value of the loan and any relevant impairment. As I previously mentioned, typically the society would have engaged external valuers to value the collateral. At the time of carrying out the audit from ... in some circumstances, updated valuations were obtained. Perhaps for the more significant loan collateral values and in other cases, they were proving difficult to obtain and management made its own estimates and we evaluated the estimates that management had made. So in summary, I must say that collateral values were a focus of audit attention and in terms of external valuers, as I mentioned, those valuations were commissioned by the entity, as was normal and appropriate and reviewed by us where appropriate.