2015 was a year where significant progress was made, as witnessed by consistent sales growth in all business formats and divisions of the Company. We reinforced our price leadership with consistent gaps when compared to the industry; throughout the year we stood out among the rest with an assortment that helped support sales, having the right merchandise at the right moment for each one of our selling seasons; additionally, we worked continuously on initiatives aimed at improving standards and service so that they have a positive impact on the shopping experience of our customers.