Yes, I have three questions.
I'm not saying this is the case now, but echoing a little bit what Mr. Cannan said, in my day at Defence there was always a tendency to lowball. For example, they'd offer a bid for planes without taking account of the cost of the hangars.
First, what is the inflation rate, approximately? Is it 2%, 5%, 10%? This question is mainly to Admiral Finn, I believe.
Second, I might have missed something, but you said that construction will be delayed for various reasons. What's the expected date of the beginning of construction of ships? Is it two years from now, five years from now, eight years from now?
And third, in terms of this lowballing comment, does this estimate of $35 billion include all the costs or are there certain things such as hangars, if they were planes rather than ships, that are left out?