Mr. Brendan McDonagh:

It is very difficult for me to give the Deputy that information here today. It is a comprehensive exercise. It is not based on one particular element. One looks at one's assets at the end of each reporting period and at the planned timeline for their disposal. One might have said at the end of 2012 that one would dispose of an asset in 2014, but when one looks at it now one might decide to dispose of it in 2015 instead. That can cause a technical movement. In addition, one might have predicted that one would get €10 million for an asset that one was disposing of, but one might now predict that one will get €11 million for it because the market has improved. In such circumstances, the updated valuation would be included. As I said at the outset, we undertake this form of individual analysis for 85% - by value - of our portfolio. We believe that internationally, banks undertake this exercise for just 25% of their portfolios.