Seán Fleming (Laois, Fianna Fail) | Oireachtas source

It was always done and we will receive a schedule from NAMA showing how much it wrote down each year. People here will not have it, but note 41(c) on page 174 of NAMA's 2013 accounts refers to events after the end of the financial year. There is a specific note on the Northern Ireland portfolio sale which happened after year end. However, there was an offer on the table which was known to be the best offer and which had already been accepted by the board, albeit it had not actually yet been paid. Given that it was the best possible valuation at that point for the Northern Ireland loan book, why was the impairment figure it had implied not been included in the accounts for 2013? Would it not have been prudent to have included it?