Mr. Brian McEnery:

Yes, because ultimately when one looks at and analyses a portfolio one looks at what is the income coming from the underlying assets. The Deputy is absolutely correct. In a lot of instances it is the debtors who remain in control. In some instances they might be enforced upon and it becomes a receiver. Ultimately, when one is doing the analysis of the income streams it is at an asset level. One does not look at a debtor and say, "He owes us €100 million". One actually goes down into the underlying assets and one looks at the incomes flows out of those.