On Christmas Eve a boy stirs from sleep to find an old man, in the living room, dressed in red with a bag full of gifts. Excitement soon gives way to disappointment as he finds he has received fewer gifts than expected. The old man sees the young boy's protest and tells the story of his origins and his motives. As the boy becomes privy to this mystery, a question comes to his mind: is it by magic that the old man accomplishes his task, or is it something...