Mr. Jeremy Masding:

I suppose I would look at a number of things and I will give some examples. We had a funding gap of nearly 50% back in 2012 and were borrowing from the European Central Bank. Basically, we now have paid off the European Central Bank and our balance sheet has the right mix, I think, of retail deposits and wholesale markets. That is great.

Our loan-to-deposit ratio was, if not the highest then one of the highest in Europe. It was at 227%, I think, and that is now down in the low hundred percents, which is great.

The Senator and I have discussed banking matters for many years so he will know that we have been loss-making-----