Most of the loss attributed in the last release was due to its own accounting treatment in the value of its own debt. From an operating profit point of view, which is the long term way to view the business, it did extremely well. Normally accountants like to bury all of the bad news when they get the opportunity. When reporting all of the fines and provisions for other miss selling then this gave them the opportunity to offload other bad news at the same time. I am quite hopeful the next results will be very positive and they can declare that all of the bad news is behind them.
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