Thank you.
In terms of translation and the piece of technology that's in front of you, channel one is English and channel two is French. We have a couple of people here who converse in French, so we'd ask you to use that. The translation's happening at the same time as you speak, so sometimes you may have to slow her down a bit. That's not good advice coming from a Newfoundlander, because I usually do about 70 miles an hour myself. But most of the time we try to have the translation happen at the same time.
With that, I'd like to ask Mr. Schmidt if he would make the first presentation. The floor is yours, sir.