With the takeover of DHL,we generated yet another increase in our consolidated revenue and further expanded our position on the international markets. Despite an economically difficult operating environment, our earnings were higher than our intra-year projections had anticipated. Thanks to active management of our cash and cash equivalents, we have maintained our solid financial position and generated a clear improvement in the Group’s liquidity. As a result,we have plenty of financial leeway and are thus optimally positioned to increase our earnings power and further expand our global growth strategy.

* Prior-period amount restated (see note 7)