Our 2011 Study attracted just over 100 responses with the UAE particularly well-represented with nearly 50% of respondents. The 2012 Study is now live and builds on last year's programme. It repeats questions in several key areas in order to identify changes and emerging trends. We have also included a specific section on the Key Performance Indicators (KPIs) being deployed across 8 key areas within treasury, leveraging the findings from our 2011 European Study, as we look to develop some online tools for you to benchmark your company against your peers and industry best practices.
We welcome your participation in this important study. Thank you.