Mr. Dargan Fitzgerald:

Thank you. Yes, I do feel it was and, if I can perhaps put some of my comments in a slightly different and summarised way, which I hope will be helpful, the ... those readers of the financial statements prepared in accordance with that accounting standard, assuming they had knowledge of the way in which the standard prescribed the recognition of incurred losses, in terms of impairment of loans, would have been in a position to appreciate from the financial reporting that ... that there was ... that there was weakness in the bank's situation and the ... the principle of our giving a true and fair view is that, because it references a specific reporting framework, if the reader can appreciate the, and I appreciate that's not always easy, but if the reader can appreciate the actual formal basis for the framework, well then it is important that the auditor carries out their role in reporting within that framework, and I think the true and fair view is to be understood in that context.