I think we'll commence now.
My thanks to our panellists for being here.
I'm not sure if some or all of you have been in the room for previous presentations. I suspect one or two of you may have just arrived, so I'll briefly go over how the proceedings work.
We will ask each of you to make a brief opening statement. We've found in our experience that the majority of information that's transferred to us comes through the question-and-answer process. Following your opening statements, there will be opportunities for each committee member to ask you questions and hopefully elicit some good testimony from all of you, which will help us in our deliberations as we move forward.
I will now open up for a brief presentation by Mr. Sauer.