Mr. Brian Cowen:

Yes. Well, there was a rebalancing that we were hoping to take place on the basis of the soft landing analysis. That clearly, over the period of years following, be an adjustment of less contribution by those taxes which would involve more contribution by others. And that would involve probably, coming back to income tax rates or income tax bands, etc. So the readjustment would have had to take place. I'm not suggesting otherwise.

What unfortunately was that we were very vulnerable at the time it did happen.