Ms. McPherson, thank you very much.
Colleagues, we can go to a second round. I think we have just slightly less than 20 minutes in our scheduled time. If colleagues agree, we would go to four-minute and two-minute rounds in the second round. That will take us right up to about one o'clock or maybe a couple of minutes past.
If that's agreeable, we will start with Mr. Genuis, please, for four minutes.