Thank you very much, Ms. Hogan.
Colleagues, before I turn to the questioning, I have received the speaking order we normally follow during our meetings. However, in the past we have taken an approach whereby we open it up to those who have questions and perhaps get the opportunity to have a three-minute round. I look to you for your guidance. As I said, I have the speaking order. We would have enough time for the first four rounds of questions, according to the speaking order.
Is it the will of the committee to follow a speaking order this morning? I'm seeing yes.
We will follow our speaking order then, starting with Mr. Berthold for six minutes.