It comes down to the long-term stability of this corporation,

The first quarter demonstrates that Siemens' business portfolio delivers strong growth on the combination of innovative solutions, strong presence in growth markets and acquisitions.

Nothing is sacrosanct and nothing is carved in stone so nobody should assume that they have the right to live with us for ever.

We can see light at the end of the tunnel.

We can only stay a technology leader if we continue to invest in innovation, which we will.

If you look to the rest of the world, you can roughly add another 3,000,