Mr. Eugene Sheehy:

Senator, if you ... it's important that I just describe how internal audit works. We agree ... I agree with them, and the chairman of the audit committee agrees, every year on a work programme, you know, what are we going to ... what do we need to look at this year? So the work programme ... so we would have asked them to follow this work programme to check out and validate that processes within each function were being carried out. And after that they rate the problems and typically they do find issues and problems there and you can see there's a rating chart - material, significant, important, and minor. If you look at this report, there wasn't any material problems identified and these factors are worked out as a money function - how much could it cost if it went wrong? But the observations, you know, I think are fair. We are ... we always needed to be given a view from fresh eyes in a process - what was going on there and what do we need to concentrate on? So we would always take these results from the audit as a call to action.