Mr. Bernard Byrne:

I do not know the answer but we will see if we can find the information. We gave the number for 2008 as that was the date of the deposit guarantee coming into place. The point of maximum balance was the line. To some extent we are trying to anticipate where the questions are going. The capital value or equity value to the business in respect of both of those activities is very modest. These offshore businesses, certainly from 2010 onwards, were not highly valuable businesses. When the strategic review took place in 2011 around the core activities that AIB would be engaging in as part of the recapitalisation and restructuring plan, these businesses were deemed as non-core. In 2011, around the time the final equity from the State came in, these businesses were deemed non-core. They were not the only ones deemed non-core at that point. A separate exercise in respect of each of those non-core activities was engaged in to consider the strategic options for those businesses. In December 2011, it was determined the most likely strategic option was to exit those businesses. That effectively became a formal decision in March 2012, which was then communicated to local regulators in April.