Mr. John Stanley Purcell:

Well, when we were preparing those reports, I mean, we took every care to make sure there was no errors. Generally, they were prepared by a competent person, reviewed by another and subject to further review. We were conscious that we were at all times trying to do everything perfectly as regards regulatory returns and we were disappointed whenever any error occurred. Now some of the errors were larger, some of them were smaller. But the errors occurred because we'd a fairly tight timetable. After we had done the returns we continued checking and a lot of that checking would have brought up something that was not found earlier, and we would immediately adjust the return and we would inform the regulator of every mistake, every adjustment, every error, be it large or small. Some of the errors occurred due to mistakes, maybe a coding error in loans which we copped when we did further checking. Some of them were ... there was a lot of volume, maybe, happening and something slipped through or else there was some classification that wasn't clear and that we maybe went to the regulator or the regulator went to us about it. But we did take every precaution to ensure that they were done to the highest standard, and it was disappointing for me and the people working with me who were doing those returns that errors occurred. But it wasn't for the want of effort, changing systems and reviews.