The net value of the portfolio has increased since the year end, whilst much of our focus has been on the disposal of non core assets, particularly from the CTPT and LXI acquisitions. The combination of acquisitions, development expenditure and accretive capital expenditure has actually exceeded disposals by over £100,000,000 This, together with our revaluation uplift of £41,000,000 has increased the portfolio value to £6,160,000,000 Gross debt is £2,150,000,000 and the cash balance is £85,500,000 The net liability position at the period end is £85,000,000 which with rents paid in advance accounting for £63,400,000 of that amount. This number excludes the income strip liability, which has also been excluded from the portfolio value shown above. In summary, therefore, our EPRA net tangible assets at the year end were £4,000,000,000 or 195.7p per share, comprising surplus earnings and revaluation surplus to provide a 4.9% total accounting return. As I said, our gross debt balance is now £2,150,000,000 the LXI merger adding that £1,200,000,000 of debt to our balance sheet.