...Good morning. Thank you for joining us. I'm looking forward to discussing the annual results for the SDCL Efficiency Income Trust, or SEIT. Just starting today with the key facts, the net asset value per share has been announced at 90.6p per share. That's approximately in line, just up a little bit from this time last year. The weighted average discount rate that was applied in SEIT's valuation to get to the 90.6p is 9.6% on a levered basis. That compares to 9.4% at the last annual results, just reminding people that that levered basis assumes substantially that SEIT's portfolio gearing is run through rather than maintained at current levels. From a performance perspective, investment management activity, balance sheet and market capitalization -- I'm going to be joined today by colleagues -- we will discuss today the performance of the portfolio. My colleague, Ben Griffiths, will take us through the details, as well as the investment activity that we've been conducting. We will be working...
