Robert Edward Diamond - Group Chief Executive, President, Chief Executive of Corporate and Investment Banking and Wealth Management, Executive Director, Executive Director of Barclays Bank Plc and Member of Executive Committee Christopher Lucas - Chief Financial Officer, Group Finance Director, Executive Director, Chairman of Disclosure Committee, Member of Executive Committee and Group Finance Director of Barclays Bank PLC Analysts Chris Manners - Morgan Stanley, Research Division John-Paul Crutchley - UBS Investment Bank, Research Division Thomas Rayner - Exane BNP Paribas, Research Division Michael Helsby - BofA Merrill Lynch, Research Division Andrew Coombs - Citigroup Inc, Research Division Ian Gordon - Investec Securities (UK), Research Division Fiona Swaffield - RBC Capital Markets, LLC, Research Division Edward Firth - Macquarie Research James Invine - Societe Generale Cross Asset Research Rahul Sinha Christopher Wheeler - Mediobanca Securities, Research Division Peter Toeman - HSBC, Research Division Michael Trippitt - Oriel Securities Ltd., Research Division Chintan Joshi - Nomura Securities Co. Ltd., Research Division Jon Kirk - Redburn Partners LLP, Research Division PresentationOperator Ladies and gentlemen, welcome to the Barclays Interim Management Statement Analyst and Investors Conference Call. I will now hand you over to Bob Diamond, Chief Executive. Robert Edward Diamond Good morning. Thanks for joining. I'm here with Chris Lucas, Barclays Finance Director. Before Chris you through the numbers in more detail, I wanted to share a few thoughts and a few headlines. First, these results reflect a strong performance across our businesses. The environment has improved since the second half of last year, but frankly, continues to be challenging. We reported adjusted PBT of GBP 2.4 billion, 22% up on a strong first quarter last year. The statutory numbers include a large reversal in owned credit, which is both noncash and non-regulatory capital and a further provision for PPI.