Here is a transcript of his first words as pope as translated by Reuters from the Italian.

"Brothers and sisters, good evening.

"You know that the duty of the conclave was to give a bishop to Rome. It seems that my brother cardinals went almost to the end of the world to get him. But here we are.

"I thank you for this welcome by the diocesan community of Rome to its bishop. Thank you.

"First of all, I would like to say a prayer for our bishop emeritus, Benedict XVI. Let us all pray together for him, let us all pray together for him so that the Lord my bless him and that the Madonna may protect him."

(The new pope then prayed the "Lord's Prayer", the "Hail Mary" and the "Glory Be" with the crowd in Italian).

He then continued:

"And now, let us start this journey, bishop and people, bishop and people, this journey of the Church of Rome, which leads all the Churches in charity, a journey of fraternity, of love, of trust among us.

"Let us always pray for us, one for the other, let us pray for the whole world, so that there may be a great fraternity. I hope that this journey of the Church that we begin today and which my cardinal vicar, who is here with me, will help me with, may be fruitful for the evangelisation of this beautiful city.

"Now, I would like to give you a blessing, but first I want to ask you for a favour. Before the bishop blesses the people, I ask that you pray to the Lord so that he blesses me. This is the prayer of the people who are asking for the blessing of their bishop.

"In silence, let us say this prayer of you for me."

(After a few seconds of silent prayer, he then delivered his blessing).

He then concluded:

"Now, I will give you and the whole world a blessing, to all men and women of good will. Tomorrow I want to go to pray to the Madonna so that she protects all of Rome. Good night and have a good rest."