We are looking back at the most successful business year in our nine-year company history: The sales have exceeded our expectations in all areas. In addition, the Schwalbe has given us a perfect entry into the consumer market. In the booming sharing economy, we have strengthened existing partnerships and expanded our market leadership in Europe to over 80%, thanks to seven new sharing cities. Sharing fans can now book our vehicles via app in ten cities worldwide. The fact that GOVECS electric scooters are fun and incredibly robust is proven by a simple number: In total, more than 200,000 kilometers are covered every day on our scooters in sharing networks. The GOVECS Group will continue to keep pace with future demand. We shape this new type of mobility designing electric vehicles for various needs. Whether it's a cool city speedster, an efficient utility scooter or a sharing all-rounder: GOVECS is constantly investing in further development of existing models and expanding the product portfolio. Thus in 2018, the Schwalbe will make a brilliant entry into the class of light motorcycles with unmatched and sensational performance values, while the GO! S and GO! T models gain significantly more acceleration and range. And we launch Elly, a revolutionary e-scooter with countless features, at a very attractive price. With Elly, everyone will be able to afford a GOVECS electric scooter without having to forego European quality standards. As a manufacturer, we place great demands on our products and stand with the globally recognized Made in Europe" seal of excellence for outstanding and long-lasting premium scooters.