Thank you very much, folks.
I have just a couple of reminders for everybody, as we haven't had witnesses in a while. When we reach the time expired, the seven minutes or five minutes, whatever the time may be, I won't allow anyone else to ask a question; however, I will allow our guests to finish their answers going beyond the seven minutes, if that's okay with everybody. I find that's probably a lot more sensible.
Also, let's not forget, when we're directing a question to someone, to mention them by name in the beginning. That's better for our people who are recording this, and it's much better for those joining us by video conference.
We're now going to Mr. Doherty, for seven minutes, please.