If this is the FX one that I suspect it is then the hull is in two parts, basically another boat went through the hull.

Could be fixed but requires some skill, mould (from another hull?) and tender love <img src="http://www.catsailor.com/forums/images/graemlins/wink.gif" alt="" />. Also in Finland everything costs, so fixing it might be worth it if insurance company doesn't charge too much.