Thank you.
I have to make what I suppose is a bit of an extraneous comment here: I applaud you.
As one who speaks a lot for a living—and many of us around this table are in the same position—sometimes when we have to speak before an organization and they tell us we have five minutes or 10 minutes to speak, we prepare a speech and we go over by two or three minutes. As an old toastmaster who comes come from the Toastmasters service club delivery program, I have to tell you that you were at four minutes and 59 seconds for delivery. That was an excellent job, sir.
In any event, we'll now go into the question-and-answer portion of the meeting.
We'll start with Madam Ratansi. You have seven minutes.