english transcript

The reason why we wanted to see it was the overruns of the expenses. We wanted to figure out why.

So we're taking a look, and it looks like it's about $3.1 billion. It went up a little bit, or a lot.

So the $2.7 billion is now $3.1 billion.

I'm not aware of that.

It just came out.

I haven't heard that from anybody at the Fed.

It just came out.

Arno said it was about $3.1 as well.

$3.1, $3.2.

This came from us?

Yes. I don't know who does that.

You're including the Martin renovation.

That's our entire capital.

You just added in a third building, is what that is.

That's a third building.

It's a building that's being built.

It was built five years ago.

We finished Martin five years ago.

It's part of the overall work.

It's not new.

So we're going to take a look.

We're going to see what's happening.

And it's got a long way.

Do you expect any more additional cost overruns?

Don't expect them.

We're ready for them.

But we have a little bit of a reserve

that we may use.

But no, we don't.

We expect to be finished in 2027.

We're well along, as you can see.

Nice to take these off every once in a while.

When we're not under too much danger.

So, any questions?