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And secondly on the cost to debt youve guided 3.8% for the full year it was 4.9% in the first half that implies the second half would be lower than 3.8% is that a reasonable stage for the next year's interest cost? And then finally on the benefit from transactional FX I appreciate you don't want to guide to next year, but what proportion of the all pound exposure was hedged? Alexandre Ricard Okay on Europe clearly it was a consequence of our Travel Retail unit, so Asia which was in slight decline and Americas which was in strong growth. Europe is still struggling a number of factors there again Eastern Europe, Russians that have significantly lowered their shopping in Travel Retail again because of the ruble depreciation over the last couple years it's still hitting is. Number two while basically terrorists attacks over last summer in Turkey didn't help as well. So we have both the currency context and the terrorism context which have had an impact on our duty free sales across Europe. Gilles Bogaert On your question on cost of debts yes it will go further down in the second half, partly if I get some bonds are coming to maturity and we already redeems $850 million bond in January and we are going to reimburse EUR1 billion bonds with a 5% coupon in March so this will contribute to a further decrease of the cost of debts. For fiscal year 2018 is still bit early to give you guidance, because youre trying to taking to accounts so rates increase in the U.S. but we would expect to be able to maintain lower rates maybe modestly better than the one we have for fiscal year 2017. Julia Massies Thank you well take two final questions from our callers please.

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