Mr. Eamonn Crowley:

It is in the region of €20 million to €30 million. Educated analysts examined the valuation of our book and put their valuation on it. They found that for the purposes of exiting the Gloss and Glenbeigh portfolios, the bank would lose in the region that Mr. Masding outlined. In fact, we lost in the region of €20 million to €30 million in both sales. It does not, therefore, reflect a giveaway in any regard. There is no doubt that in the case of Glenbeigh, there was a discount on the €1.3 billion that is owed by the borrowers, but it will not be paid for ten, 20 or even 30 years. Anyone buying that book would have to fund the cost, that is, incur an interest cost in funding it, which is part of the discount that would be built in.