...Good afternoon and welcome to Mapfre Full Year 2024 activity update. This is Felipe Navarro, deputy general manager of the Finance. We want to welcome those who have joined us in person today as well as everyone online. It is a pleasure to have Antonio Huertas, Mapfre's CEO here with us today. He will make a few opening remarks and will give an overview of the business trends and developments. Later, Fernando Mata, the group CFO, who will comment the main financials and Jose Luz Jimenez, the deputy CFO who will walk us through the balance sheet and capital topics. We will discuss local accounting figures and we'll give a brief overview of IFRS 17 and 9 figures at the end before we begin, just a few reminders. First, interpretation services are are available both here and at home, so feel free to choose the language you prefer, either English or Spanish. At the end of the presentation we will open up the Q&A for those of you who are here with us today. You can ask your questions in person,...
