Ms Margrethe Vestager:

I cannot clear up the confusion on the Deputy's part because we have not looked into that matter. As I said, we are not looking at the motive or who said what. We are looking into an organisation that is able to take risks, if it has the functions and assets, to actually make it economically sustainable to ensure the profits are recorded here. Some of the discussions become very technical - they seem legal for people listening to us - but it boils down to the fact that even in such complex cases there has to be an economic reality. If someone is generating a profit, someone has to work here, there has to be an office, there have to be functions and they have to be able to take risks. What we have found is that it exists, not the headquarters but a branch.