Mr. Gary McGann:

With the greatest of respect, Deputy Higgins, we're talking about apples and oranges here. The international banking world, the international plc world has norms and structures around how remuneration takes place. Whatever about the absolute amount, the methodology is straightforward. There's an annual salary based on a competitive marketplace that's normally advised and guided by experts in this area and REMCOs decide on the appropriate level or not. That number tends to be market-competitive - size of business, performance of the business. There's an annual bonus associated with short-term objectives which is pre-agreed and, for want of a better word, contracted with the management between the management and the REMCO and then there's long-term schemes to sustain long-term profitability rather than short-termism. And against that backdrop, in the period 2007, there was a contracted commitment between the REMCO at the beginning of '07 when I wasn't a member of REMCO - but it doesn't matter - and the numbers delivered and the payout took place. That's how it works.