Mr. Ciarán Breen:

It is how one projects the amounts into the future. It had immediate effect. When that case was decided, pending the case going to the Court of Appeal, we agreed with families that we would pay them the difference between the old rate of 3% and the 1% and 1.5% in the event that the Court of Appeal decided that was the appropriate rate.

In 2017, therefore, we paid out €25 million in what we refer to as "catch-up payments". That was the difference between what we settled at, 3%, and the new rate of 1% and 1.5%.