Séamus McGrath (Cork South-Central, Fianna Fail)

Okay, I am just trying to get some more questions in, so apologies for interrupting. Specifically on the accounts, can I probe the depreciation of the housing stock to the tune of over €9 million? Will the witnesses explain that to us because we are at a time of a rising market during the last number of years in the property sector so how was there such a scale of depreciation? Clearly, those properties were significantly overvalued in terms of the books.