CNH Global N.V. ( CNH) Q4 2011 Earnings Call January 31, 2011 11:00 am ET Executives Manfred Markevitch – Head of Investor Relations Richard J. Tobin – President and Chief Executive Officer Camillo Rossotto – Chief Financial Officer Andrea Paulis – Treasurer Analysts Henry Kirn – UBS Andrew Obin – Bank of America Securities Merrill Lynch Michael Shlisky – JPMorgan Chase Bank Michael Cox – Piper Jaffray & Co. Jerry Revich – Goldman Sachs Lawrence De Maria – William Blair & Company Michael Tyndall – Barclays Capital Eli Lustgarten – Longbow Securities Nico Dil – JPMorgan Securities Ltd. Martino De Ambroggi – Equita SIM SpA Massimo Vecchio – Mediobanca PresentationOperator
Good day, ladies and gentlemen and welcome to today’s CNH Global Fourth Quarter and Full Year Results 2011 Conference Call. For your information, this conference is being recorded. At this time, I would like to turn the conference over to your host today, Mr. Manfred Markevitch, Head of Investor Relations. Please go ahead, sir. Manfred Markevitch Thank you, Lorina. Good morning and good afternoon, everyone. We would like to welcome you to the CNH 2011 fourth quarter and full year conference call. Let me make a brief introduction. I would like to remind everybody they can refer to page three of our presentation, which was distributed earlier today and posted on the Internet regarding certain forward-looking statements. Also all information that will be used in the conference call today is available on our website at www.cnh.com. Today, we will have the presentation followed by a short Q&A session. We are pleased to have our President and CEO, Rich Tobin; our CFO, Camillo Rossotto; our Treasurer, Andrea Paulis with us on the call today. We would like to begin with a brief presentation.