11:35 Thank you President Kuo. Good afternoon, everyone. I will now discuss our third quarter financial results. 11:42 Please turn to slide ten, which provides highlights from our income statement. For the third quarter of twenty twenty one, on a year-over-year basis, total revenues decreased by two point five percent, and operating costs and expenses decreased by five point five percent. Income from operations increased by six point seven percent, and our net income increased by twelve point eight percent. In addition, our EBITDA margin increased to forty one point four percent from thirty eight point five percent in the same period of twenty twenty. 12:19 Slide eleven provides a breakdown of revenue by business segment. In the third quarter of twenty twenty one, total revenue decreased by two point five percent year-over-year, mainly due to the decrease in ICT project revenue and the voice revenue as a result of VoIP substitution, which offset the increase of handset sales revenue, mobile service revenue and broadband revenue. 12:49 Moving on to slide twelve, our operating costs and expenses in the third quarter decreased by NT two point two eight billion dollars, five point five percent year-over-year, mainly due to lower ICT project cost and lower concession fees. 13:08 Slide thirteen shows our cash flows from operating activities for the third quarter of twenty twenty one increased by NT zero point eight five billion dollars, or four point two percent, compared to the prior year period. This was mainly due to an increase in pre-tax income. Free cash flows decreased by fifteen point six percent on a year-over-year basis due to higher capital outlay that will enhance our future revenue streams. 13:39 As of September thirty, twenty twenty one, the balance of cash and cash equivalents was NT twenty three point five nine billion dollars, an increase of NT five point eight nine billion dollars, or thirty three point two percent, compared to September thirty, twenty twenty. The increase was primarily attributable to the issuance of corporate bonds. 14:07 On page fourteen, you may find a table that compares our financial results with forecasts. As you can see, in the third quarter of twenty twenty one, all performance measures beat our guidance. Revenue met guidance attributed to higher mobile services, broadband access, and data communications revenue. 14:31 Please turn to slide fifteen. For twenty twenty one, we budget NT forty three point one billion dollar in CapEx, including spending on business focuses in twenty twenty one, such as accelerating the construction of 5G network, IDC and submarine cables. As of September thirty, twenty twenty one, cash outlays of IDC and submarine cable went below our expectations due to the delay of construction, while our 5G CapEx spending was on track and in line with our schedule of 5G base station deployment. We maintain our forecast that twenty twenty one is our 5G investment peak. 15:18 Now, I would like to turn the call over to President Kuo for our awards and recognitions.
