Mr. Brendan Gleeson:

Monitoring performance does not mean it will improve. We were monitoring performance. I said to the Deputy before that we were not happy with the performance and that is clear. I am sure the board is not happy with that performance either. However, in a way, it is a demonstration of the difficulty that the industry was in and it substantiates the Indecon proposition, which was that just delivering on these business development objectives without looking at the more fundamental debt would not be enough.