Year 1 Subsidy (£000) 2 Write Offs (£000) 3 Loans Repurchased (£000) 4 First Loss Claims (£000) 5 First Loss Repayments (£000) 6 Adjustment (£000) Total (£000) 2002-03 8,610 95 25 2,349 -108 -326 10,645 2003-04 5,611 162 95 1,495 -221 -90 7,052 2004-05 5,075 193 41 1,134 -217 999 7,225 Notes:Column 1 – The subsidy isthe payment made to the purchasing banks...