So, The API Monogram and API QR programs, maybe you can explain those programs to our audience a little more who might not be familiar with them.

Of course.

So the API Monogram is a voluntary licensing program that facilitates the consistent manufacturing of product that conforms to applicable API specifications.

We currently have, I believe, 72 individual specs available for licensing under our program.

This includes industry staples such as API Spec 6A for wellhead and tree equipment, as well as API Spec 5L for line pipe.

Participating companies are going above and beyond to publicly demonstrate their commitment to producing quality equipment by obtaining a monogram license.

API QR is a complementary program.

So what does API then do with those reports once it receives them?

Just explain this world of debt settlement.

Certainly.

And thanks very much for having me on your show.

So around, you know, generally credit providers will lend money to customers that they believe will be able to pay the debt back.

So there's a bit of a technicality around that.

So as you lend money, you then have to raise an IFRS 9 provision for potential accounts that'll go bad.

So a credit provider, as the account goes further and further in arrears, would be raising this provision to a higher and higher amount.

So, Ian, take us through debt review.

So my understanding, that you have won the, uh, Wildlife Photographer of the Year People's Choice Award for your urban badger image, and I would love to hear you, um, tell us the story behind that photograph and why do you think it resonated so well, um, with a global audience?

Um, so yeah, that image of the badger won Wildlife Photographer of the Year People's Choice this time last year actually.

And the story of the image, well, at that time when I took the photo, it was before I l- lived here, and I lived v- right on the edge of a very small town in another part of England, and there were lots of foxes everywhere, but it was right down the end of a no-through road, and there was no cars.

I was actually walking back from the pub one night, and I swear I hadn't drunk that much, and there's a badger walking towards me down the road, and I was just utterly amazed 'cause I, I love badgers.

I love all wildlife, but you know, I spent a lot of time looking for badgers in, um, areas, and it's quite hard.

You gotta be very careful how you see them so you don't spook them away.

It was li- literally walking down the [laughs] street.

Like, what, what were the impacts of the cull in terms of the, the badgers themselves and, like, any other downstream ecological impacts that you might know about?