Thank you very much, Mr. Obed and Mr. Hicks.
We are going to go into a round of seven-minute questions, and I will use the cards just as we have done.
Before we get started, we had hoped to go from 3:30 to 5:00 with you, 90 minutes, but we had to start 20 minutes early. If the committee members agree, I am going to split that 20 minutes between you and our committee work, which comes afterward. I am going to propose that we go until 5:10 with your questioning and then have committee business from 5:10 to 5:30, if that is okay with everybody.
The first question is from Michael McLeod, please.