Eoghan Murphy (Dublin South East, Fine Gael)
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Okay. I just want to ask a question on that, if I may. In paragraph 20 of their report, they say:

The authorities did not formally produce any estimate for aggregate bank losses. They have focused on the needed restructuring of property-development loans, which they rightly view as at the heart of stress faced by banks.

Why didn't you have any estimates for aggregate bank losses at the time?