Of which Savings Banks' volumes on our balance sheet constitute 3.7 percentage points. Correspondingly, according to Statistics Sweden, the corporate lending in October grew by 2.2% year-on-year, while Swedbank's volumes grew by 3.9%. Swedbank's market share increased slightly to 15.1% at the end of October. Retail deposits in Sweden grew in October by 4.7% year-on-year, while increasing in Swedbank by 4.3%. Corporate deposits in Sweden in October grew by 3.6% year-on-year, while increasing in Swedbank by 1.8%. As of October, Swedbank's back book market share amounted to 17.6% for retail deposits and 13.3% for corporate deposits. Now turning to the Baltics. According to October data from ECB, total lending in the Baltic countries increased by 14.3% year-on-year, private lending increased by 12.3%, and corporate lending by 16.7%. Total deposits in the Baltic countries increased by 7.1% year-on-year, private deposits grew by 10.4%, and corporate deposits by 2.9%. And regarding retail deposit rates, as of 12 December, we paid 0% in interest on transaction accounts unchanged from the third quarter. The rates on all other accounts were kept unchanged compared to the end of the third quarter, except an increase on fixings longer than 12 months in Estonia, where rates were raised between 10 and 35 basis points in early December. On net commission income then, first of all, a kind reminder that asset management commissions are generated by daily fees. Looking at average values of the stock market development, which impact our asset management fees, the Swedish, U.S., and European stock markets increased by 6%, 5.2%, and 4.1% respectively. And this is by 12 December and compared to the third quarter. Also, a reminder of the FX component, where the Swedish krona by 12 December had appreciated against the dollar on average compared to the third quarter. This should be considered when translating the U.S. stock market gains. According to statistics from the Swedish Investment Fund Association, the Swedish mutual fund market had net inflows during October and November. However, there were outflows in actively managed equity funds, while index funds and fixed income funds saw inflows. Swedbank Robur's market share was 22% as of the third quarter of 2025. Regarding card commissions, card activity in the fourth quarter is normally seasonally lower than in the previous quarter. Moving on to expenses. First of all, please keep in mind the usual seasonal uptick that we normally see in Q4, and of course the consolidation of Stabelo and Entercard in the quarter. It is too early to fully assess the cost synergies of the consolidations. Furthermore, we have also announced VAT refunds of SEK 837 million, which comes from overpaid VAT for the years 2019, 2020, 2022, and 2023, as communicated in the press release, and this will, of course, impact the cost line, and a reminder of what our CFO said regarding the full year cost guidance in the Q3 result call. Cost for the full year 2025 is expected to be around SEK 25.3 billion at current exchange rates. This includes the already received VAT recoveries related to the years 2016, 2017, and 2018, amounting to SEK 576 million. It also includes SEK 200 million lower temporary investments this year and an estimated SEK 300 million lower cost due to FX. The FX estimate is an estimate for full year impact on costs at end Q3 rates, so any fluctuation during Q4 you will have to calculate. And lastly, on cost regarding the interest-free deposit with the Riksbank, I would like to repeat what we said in conjunction with the Q3 report, that for Swedbank it amounts to around SEK 6 billion, which will be deposited from 31 October until 30 June next year and earn zero interest. The full amount of the lost income will be booked upfront under the bank tax row. And asset quality at the end of the third quarter, the post-model adjustment stood at SEK 398 million following the release of SEK 196 million. In addition, the acquisition of Entercard added another around SEK 400 million, driven by the day-one effect of acquiring the Stage 1 loans. On capital, the balance sheet is affected by end-of-period FX rates, mainly coming from RWAs from the Baltics, which are in euro. As mentioned earlier, as of 12 December, the Swedish krona had strengthened somewhat versus the euro. The acquisition of Entercard is expected to negatively impact CET1 capital at the acquisition date by approximately 40 basis points due to increased risk-weighted assets and deduction from the capital base for goodwill. I believe that was all for the pre-close call. I will allow you to unmute yourself and please raise a hand if you can. I see a question from Nicolas. Please go ahead. You should be able to unmute yourself. We still can't hear you. Let's see. You have a mic allowed, so can you unmute yourself? Hi, can you hear me? Yes, I can hear you. Okay, great. Thank you. I just had a question on the indications you gave regarding the impact on loan losses from Entercard in the press release earlier. So just to show I don't misunderstand, you said it's going to impact the loan losses by, I think, one to two basis points. But if I look at the historical loan loss level for Entercard, it seems like it's been like, yeah, maybe, yeah, a bit higher than that historically. So yeah, I think it's been around SEK 1 billion, maybe if you take like the average over the past three years or so. Are you expecting that to come down in 2026, or is it some other kind of technicality that I'm not seeing here? Why do you expect the impact to be rather modest in relation to the historical level? Yes, so you're right. What we said in the press release is both day-one impact, where you have to, according to IFRS 9, take the stage one, which is around the SEK 400 million that we said. And then we've said that the stage two and three loans, we have classified them as purchased or originated credit impaired. So we have a fair value them as we bring them in. So they will not have a noticeable impact initially on the credit impairment ratio. So this is how we come to the one to two basis points expected, you know, all else equal expected addition on Swedbank Group's loan losses. If the portfolio just continues to perform as it has been, the kind of long-term impact should be just one to two basis points on your group loan loss ratio? So that's what we said for 2026, that that is the impact on the group. Of course, all else equal, not indicating anything on the rest of the bank. All right. Perfect. Thank you. Thank you, Nicholas. I see a question from Namita. Please go ahead. Hi, Maria. When will you take the restructuring costs for Entercard? Is that in 2026? We have not said anything about that yet, so we will come back on restructuring costs for, or integration costs for the acquisition. Okay, thanks. And just another quick one. There was this article in Bloomberg yesterday about your IRB models in the Baltics. I felt like it wasn't anything new, but just wanted to confirm with you. No, I would agree. To my knowledge, that article doesn't contain any new information, so we have not added anything more in the matter. As we said before, we have resubmitted our IRB models for the Baltics, and we are in the process of model approvals. Thank you. Thank you, Namita. Let's see. Let's Let's move on to Jacob. I see a hand. Good morning. Just a very quick one on the VAT refund. In the press release, as you mentioned, you got for 2020, 2022, and 2023, but not for 2021. Did you not get it for that year, or is that case still ongoing? No, you're right. We have not communicated anything regarding 2021. Okay, so you did not lose the case. It's just ongoing, I guess. I think it was left out in the press release because it was taking a little bit longer. So no, we haven't said anything about it. Thank you. See, I don't see any more hands raised at the moment. Are there any last questions before we close for today? It seems like not. So I think that is all done from us. Note that we will go into silent period on 13 January, and our Q4 report will be released on Thursday, 29 January. We'll host the analyst call at 9:00 A.M. CET. Thank you all very much for attending the call, and we wish you all a nice day.