Ms Ann Nolan:

Yes. To some extent, one always has a choice between changing the discount rate or adjusting the cashflows in order to look at future uncertainty and how one prices it in. In this particular one, they left the discount rate the same but they adjusted the cashflow to take into account the fact that there was future uncertainty. Either way, one has to take the uncertainty into account when one is looking at probable loss. That is why I say it is theoretical because one has to take that discount. One has to take that uncertainty into account one way or the other.