Thank you, Madam Chair, and thank you to all of you. Congratulations again.
I'm new to the committee, so perhaps it's my good fortune to come across a group and sit in on a meeting where the audit is so complimentary. Mr. Lawrence has gone, but he spoke about his experiences on a committee and how it's not always certain what you're going to find, but this is good. This is very refreshing.
This first question will go to Mr. Hayes. I note that in the report it's pointed out that there are 147 subsidiaries of the board, six that are wholly owned. The report notes that the audits of the subsidiaries did not take place. It would be hard to do the 147, but what about the six wholly owned subsidiaries and doing audits there. Was there anything preventing you legally from carrying that out or was it a question of resources? What held back that audit from going forward?