Our broad revenue growth and expanding net interest margin indicate that the momentum we carried into this year is continuing to build.

I commend our employees for their outstanding efforts in implementing this program quickly and effectively. It is due to their hard work and dedication that we have an industry-leading compliance program.

We appreciate Beth's leadership over the past six years and wish her much success in this new position.

One of our biggest assets is our growth strategy. We have grown by 16 percent this year in terms of number of rooms, which is the most significant organic growth in Europe in the industry.

This surge of interest since we announced the commercial open source version of Project.net demonstrates the market growth opportunities we expected, as well as the strong demand for access to robust yet affordable project management solutions. Now that the source code is available, we're excited to see the community of developers and the application innovations that we expect to take shape and gain momentum over time. Project.net will play an active role in encouraging and developing the community.

We have solid employment growth, stable interest rates and rising immigration. They are all supporting building.