Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Can I start by asking you about Anglo Irish Bank's annual report for 2007, page 3, which shows that over the period '02 to '07, profit before tax increased by 376% and earnings per share by 363% and total assets by just under 400%. So can I ask you, do you think that these levels of growth were prudent or sustainable in the context of the level of competition in the Irish lending market during the period?