Thank you for that, Mr. Butterworth.
We'll go to our rounds of questioning and we'll start with Mr. Arnold for six minutes or less.
I will remind members that when you're asking questions, if you could, identify which witness you would like an answer from, instead of having everybody look like a deer staring into the headlights. You're losing time doing it that way, so if could you identify whom the question is for, that would be great.
Mr. Arnold, when you're ready, please go ahead.