are trading lower after delivering fourth quarter profits below expectations the ceo of handelsbanken joins us on the line you lost more than 1 billion swedish krona in bad loans earnings were below expectations but you paid a higher than expected dividend. is that so shareholders did not ask angry questions about that huge loss? >> i doubt that very much. if you look at our kred dislocre over the year, they were very low, and lower than the year before but they were concentrated in q4 it is in q4 that you make decisions regarding dividends and we can see that the bank's capital situation is extremely strong we have been higher than the buffers that we have, the reserve limits we have in the area and we promised that we would calibrate the capital ratio down to the buffers, so there's no connection between the two did you lose that money because of carrillion? >> part of it, yes >> is there a reason why your bank la nhas not been able to n them until now >> i think it was named. >> the 566 million krona that you booked address a loss in the uk, was that all one client and was that cli