Mr. Niall Cody:

Mostly, it is written off because there is a liquidation or whatever involved. Some of it is uneconomic to pursue. In some cases, the person has gone missing and there are no assets. Debt that is written off is never fully written off. If they win the lotto, we will ask them to pay us. The figure of €120 million is quite good. If the phased payment arrangements are honoured and we are left a figure of €150 million or whatever at the end of this week, that would be a very healthy position.