Mr. Jim O'Keeffe:

The calculation would have been different. I would have to go back over the case but it would have been different. However, I have to reiterate that what we were doing was in line with the findings of the FSPO. We should remember that the FSPO was writing down the balance in the first place as part of the compensation and then calculating the interest on that basis. It was completely different from what we would have in normal circumstances where we would calculate interest on capital and repayments. In other words, it would be wrong to look at the interest calculation on its own because the FSPO wrote down the balance by 12%. It was the composite of that write-down and the calculation of the interest which the FSPO wanted to compensate the borrowers for.