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Net debt reduced by CHF205 million reaching CHF3.7 billion. Obviously compared with the previous year, it reduced by CHF200 million. The integration of World Duty Free was finally complete. We were expecting CHF105 million synergies and what we can comment on now is that the final amount of synergies identified has reached CHF125 million. The remaining part will be implemented along 2017. And these contracts, as I mentioned before, were obviously representing 80,000 square meters of commercial space. I comment on that by year-end December 2016 total number of the square meters we are operating from the commercial point of view is 425,000, representing CHF1.2 billion of sales. We also finalized the program for refurbishment in the shops for accelerating the value growth and we completed 30,000 square meters of commercial space. All these events and all these results cannot be separated of the business model. I have been very consistent over the past year repeating the same thing. Our profitable growth steady and the business model still remains intact and I think this information is confirming what I am telling.