Mr. Fergus Murphy:

I think that financial markets, Deputy, and financial institutions became bloated, and I think that EBS, as a small independent, would have been, in fairness to them, looking at the marketplace, they would have been ensuring that there was a third party consultant working with them in terms of benchmarking their people and their remuneration. However, the results coming from those benchmarking would have told them that the market was moving on, that variable remuneration was an "important part" of the scorecard with your employee, your senior employee, and so it would have evolved, I would imagine, organically, rather than overnight, and you end up where you are in relation to that particular page.