Mr. Nicholas Tarrant:

When we did a look-back we had an opportunity to talk to the people involved as part of the review. Ultimately, the conclusion from that was that they thought they were implementing it correctly. With the passage of time, that is the only conclusion. There is no other information to be provided as part of that. The people involved genuinely felt that in making the change in the second year of implementation it was an appropriate and proper way of implementing it. They probably did not have an understanding that, as the variables Mr. Byrne outlined were going to change over future years, that change would have the impact that it did.