Thanks very much.
Since we're running behind, I'm going to cut the last round a few minutes short.
Mr. Falk, you'll have two and a half minutes, followed by Mr. Ma, who will have two and a half minutes. Then we are going right into a brief suspension, followed by time in camera to get to the report that we still have to get through today.
Mr. Falk, the floor is yours for two and a half minutes, sir.