Mr. Jeremy Masding:

We are always looking for the right customer outcomes, as we have discussed in the past.

We might be forgetting that, in 2012, Permanent TSB's level of long-term arrears actually made it an institution that was absolutely required to undertake a level of long-term treatments, which is what we did. I think we sometimes forget that the alternative was scaled repossessions. I want to place that on the record.