PENN NATIONAL GAMING, INC. PENN Cash Flow

Penn national gaming, inc. (PENN)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Operating activities
Net income (loss)
-608,600	-92,900	43,656	51,344	41,000	-42,000	36,075	53,988	45,437	-338,123	789,340	17,079	5,104	5,032	46,535	34,035	23,708	-9,066	4,900	2,983	1,869	-149,781	-15,348	-19,273	580	-675,660	41,317	-12,180	65,271	18,765	46,446	66,667	78,619	44,031	70,803	75,989	51,528	-153,132	48,345	6,972	36,155
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation, Depletion and Amortization, Nonproduction
95,700	97,800	106,327	105,973	104,100	93,200	56,851	58,559	60,390	61,412	66,483	68,969	70,236	71,109	67,903	66,182	66,020	67,676	66,141	62,275	63,369	64,662	62,021	69,874	70,185	77,643	79,968	80,615	77,071	74,970	62,399	56,791	53,337	51,893	52,195	54,230	53,158	54,712	53,842	52,653	51,180
Amortization of items charged to interest expense
2,000	2,000	1,874	1,926	1,900	1,800	1,457	1,540	1,603	1,667	2,058	1,600	1,675	1,677	1,822	1,825	1,876	1,869	1,722	1,503	1,505	1,508	1,510	1,515	1,507	1,662	2,150	2,151	2,149	1,994	1,614	1,641	1,649	1,637	1,775	3,089	3,100	3,061	3,026	3,185	3,309
Noncash operating lease expense
22,000	21,400	17,953	30,647	30,400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability
-2,200	0	1,243	1,057	4,700	-1,200	363	203	1,134	9,994	-20,716	1,362	2,560	2,388	-30	120	-1,201	570	-6,651	356	351	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Holding loss on equity securities
-21,800	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment
-600	2,800	-7,407	-393	-500	0	-3,197	52	-55	-97	-96	-52	45	-969	2,780	-441	1,101	-485	-276	-372	-153	-640	-145	-2	49	-819	-158	-285	-2,390	484	169	92	945	-429	-145	199	35	-2,181	14	-873	-64
Income (Loss) from Equity Method Investments
4,100	6,700	9,758	6,242	5,700	5,500	5,705	5,734	5,361	4,350	4,781	5,021	4,548	2,675	3,505	3,548	4,609	2,593	3,759	4,154	3,982	1,702	2,291	1,473	2,483	1,819	2,296	3,821	1,721	258	807	1,054	1,685	-8,006	17,293	431	-2,354	-20,212	-3,925	-425	-1,412
Return on investment from unconsolidated affiliates
8,700	7,000	8,500	7,000	6,500	5,400	8,300	6,800	6,500	5,300	8,200	7,250	5,750	4,800	8,150	5,950	7,400	6,100	8,050	6,000	8,000	5,500	6,500	5,500	5,500	4,500	8,000	4,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-67,400	-7,700	13,371	4,429	11,000	-34,600	-310	2,284	5,926	244,888	-764,875	1,435	652	6,677	-1,481	4,280	-740	6,776	32,317	-505	18,648	3,778	-4,700	3,542	288	-120,829	-27,287	2,546	8,174	39,942	18,830	-11,240	-3,143	-3,386	-2,646	19,750	7,842	3,427	3,763	-14,176	4,782
Share-based Payment Arrangement, Noncash Expense
6,000	4,500	3,736	3,264	3,400	3,200	2,868	3,003	2,929	1,973	1,853	1,801	2,173	2,317	1,517	1,582	1,455	1,777	2,025	2,337	2,084	2,654	2,916	2,517	2,579	4,739	6,369	5,450	6,251	6,414	6,888	7,396	7,911	5,874	6,107	6,124	6,225	6,197	6,704	6,669	6,384
Write off of debt issuance costs and discounts
-	-	-	-	-	-	-	-	-	-	0	0	5,377	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment losses and write downs
616,100	-	-	0	0	-	-	-16,985	618	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hollywood Casino Joliet fire
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-59
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-17,200	-339	-2,579	-882	-5,988	0	0	-18,012	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	136
Changes in operating assets and liabilities, net of businesses acquired
Accounts receivable
-39,300	-3,400	-16,005	-10,495	2,900	13,000	-5,434	-1,793	-3,973	11,534	5,044	-845	-6,533	11,216	-7,105	-3	1,803	4,305	-8,477	4,189	-727	-577	-26,452	16,384	599	4,409	-10,141	-3,109	3,807	-5,641	3,249	391	114	12,586	-8,953	5,382	-2,951	891	-1,876	8,977	-6,654
Insurance receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-1,072	-	-	-	-	1	-13,863	208	-15,019
Prepaid expenses and other current assets
4,300	2,800	-12,756	-7,844	8,100	-15,500	-2,881	-2,167	7,248	668	1,803	-3,603	8,432	-3,746	-2,624	-4,724	11,579	-4,057	-3,751	-5,279	2,742	8,848	-1,499	-7,148	13,104	-8,600	-714	-4,461	12,989	-2,443	-686	-7,857	-3,459	7,860	39,596	-17,725	-25,083	28,080	2,420	-17,449	-16,636
Other assets
-6,500	800	3	897	600	-10,200	7,121	1,012	567	-1,084	-4,192	1,130	1,746	7,481	836	3,360	-3,039	4,506	-3,119	650	-6,400	4,174	196	2,576	-7,087	1,565	12,061	11,786	11,544	4,617	2,523	2,863	2,328	910	131	2,076	-561	1,734	-4,342	2,038	-9,590
Accounts payable
29,100	-3,700	7,981	-781	900	-1,000	-3,086	2,128	-4,142	1,353	2,176	-1,459	-2,470	992	-2,467	-4,074	-1,951	-2,650	-1,870	3,746	2,887	-1,991	-20,096	21,929	2,186	497	600	-7,194	3,922	3,603	378	-2,844	197	-3,202	2,461	14	1,124	-2,129	683	447	1,476
Accrued expenses
-101,400	16,400	-257	5,257	-25,300	-10,500	-4,442	18,576	-50,634	47,930	-1,625	3,544	5,351	4,008	-9,720	6,583	648	5,995	-4,811	1,128	4,931	-5,065	-2,644	2,463	-14,266	5,149	290	-487	-30,503	17,881	1,915	16,871	-23,897	11,611	9,302	10,900	-23,431	21,850	-8,324	13,146	-26,167
Accrued interest
-	-	-	-	-	-	-	-	-	-	-7,240	7,670	-919	-2,357	2,997	-2,936	1,550	-1,770	62	-2,646	6,264	-2,750	4,916	-4,514	2,484	-5,742	-7,247	4,949	-6,990	10,463	-5,892	7,065	-7,711	7,458	-8,765	9,015	-11,746	11,706	-11,090	11,382	-11,350
Accrued salaries and wages
-	-	-	-	-	-	-	-	-	-	7,866	10,370	-19,547	11,541	-335	4,293	-22,220	9,316	-2,897	16,398	-14,363	529	3,236	9,335	-15,630	8,807	4,481	2,491	-18,096	7,409	12,771	12,306	-22,201	12,416	3,598	10,350	-17,403	7,219	10,890	4,135	-14,420
Gaming, pari-mutuel, property and other taxes
-	-	-	-	-	-	-	-	-	-	15,430	2,547	-6,544	-2,120	13,100	-2,681	-4,920	-11,108	4,048	7,239	3,754	-13,342	9,274	1,283	2,741	-18,064	6,225	4,544	5,703	-3,870	13,929	-3,789	-219	-2,320	12,362	-2,789	-5,206	-5,496	14,564	-2,353	791
Income taxes
-31,700	-2,700	-12,121	2,321	5,300	-8,900	-8,491	8,019	6,072	13,582	-7,839	4,567	10,090	-5,213	3,881	3,825	23,515	-223	-795	14,199	-11,738	-18,524	23,869	7,430	-7,582	-30,346	25,917	5,275	34,867	-14,269	-41,255	-46,712	31,434	-	-	-	-	-	-	-	-
Operating lease liabilities
-31,400	-31,500	-29,293	-39,407	-38,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current and long-term liabilities
-29,900	23,500	21,729	4,871	-2,500	-11,500	3,064	2,278	-642	19,028	33,335	-1,633	-4,430	3,735	-8,487	4,772	-7,065	-779	-7,652	9,985	-10,081	-7,191	1,459	2,799	807	5,173	2,225	-3,117	6,669	5,378	3,019	-959	5,465	356	-2,827	-183	5,503	4,078	55	1,048	1,646
Other noncurrent tax liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,667	1,315	1,205	540	-1,630	2,113	1,971	-2,876	-16,606	1,612	1,724	1,379	3,986	-6,730	682	-3,521	1,511	1,307	-9,620
Net cash provided by (used in) operating activities
-33,200	184,700	204,006	189,494	125,700	52,600	93,141	140,134	66,925	122,459	141,423	129,086	84,832	87,929	125,993	122,016	72,022	107,663	106,453	121,656	78,036	25,640	92,855	100,292	43,436	25,809	136,528	157,642	133,788	169,429	106,874	108,262	122,624	129,293	147,095	188,687	102,290	123,472	146,357	129,613	93,736
Investing activities
Project capital expenditures
-	-	-	-	-	700	539	450	1,211	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Project capital expenditures
-	-	-	-	-	-	-	-	-	-	8,938	8,495	6,178	-	3,491	4,495	6,496	11,379	34,845	53,395	36,929	49,139	59,527	23,084	12,957	22,084	26,196	29,922	40,849	87,719	96,677	82,289	119,659	12,540	96,259	52,726	54,524	77,671	74,297	90,602	120,385
Capital expenditures
42,800	47,000	35,480	45,320	37,700	34,900	23,503	20,695	10,602	27,569	18,344	17,309	10,978	27,074	18,888	17,670	14,873	20,826	11,701	18,305	11,860	17,739	21,426	20,189	24,084	18,756	16,260	23,992	21,854	-	-	-	-	-	-	-	-	-	-	-	-
Consideration paid for Barstool Sports Investment
135,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consideration paid for acquisitions of businesses, net of cash acquired
3,000	0	-66	989,166	370,300	1,942,300	-106	3,006	0	-332	1,379	124,212	2,441	27,444	56,468	132	148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale-and-leaseback transactions in conjunction with acquisitions
0	-	-	-	261,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional contributions to joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-244	2,471	0	328	-	-	-	-	175	0	0	500	-3,600	0	0	39,600	26,200	-6,527	70,525	10,200	13,366	36,716	0	13,550
Increase in cash in escrow
-	-	-	-	-	-	-	-	-	-	-	-	4,432	-	-	-	-	-	-	-	-	0	0	0	-18,000	18,000	0	0	-26,000	-8,825	-300	10,150	-25,650	-	-	-	-	-40	-7,352	48,598	-10,982
Consideration paid for gaming licenses and other intangible assets
-	-	-	-	-	22,900	470	7,851	50,379	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	169	49	-	285	168	309	4,998	10,940	181	2,091	172	14	229	146	493	996	47	129	565	454	301	2,517	2,179	341	1,520	1,283	1,323	11,033	452	158	202	113	209	1,103
Insurance remediation proceeds
-	-	-	-	-	-	-	-	-	-	0	0	577	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,821
Funds advanced to the JIVDC in connection with their refinancing
-	-	-	-	-	-	-	-	-	-	367	204	168	-69,863	65,643	50,439	51,781	41,430	25,776	22,111	16,341	16,594	11,643	10,283	8,573	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
2,600	900	250	50	200	400	-726	-1	327	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of businesses and gaming and other licenses, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,493	62,599	25,586	-	538	-1,073	1,125	-	-	-	-	711	3,000	-27,597	15,012	-	-	-	-
Net cash used in investing activities
-183,400	-65,400	-47,480	-347,520	-147,100	-1,339,000	-4,984	-16,646	-62,470	-29,148	-26,241	-142,900	-23,311	198,024	-133,550	-72,555	-71,207	-97,162	-520,701	-97,830	-65,312	-83,264	-122,093	-117,108	-53,071	-61,141	-37,544	-45,861	-35,811	-697,863	-165,149	-193,149	-132,326	-116,085	-77,937	-65,202	-79,578	-321,295	-140,293	-158,141	-117,029
Financing activities
Proceeds from revolving credit facility
540,000	17,000	55,000	250,000	90,000	112,000	35,000	24,000	30,000	11,965	48,000	12,000	184,435	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on revolving credit facility
10,000	77,000	135,000	62,000	110,000	0	35,000	24,000	30,000	51,965	58,000	93,000	244,435	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term debt
11,700	-	-	-	11,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of long-term debt
-	-	-	-	-	-	-	-	-	25,638	0	-913	1,175,275	-74,170	49,966	11,990	12,214	44,786	457,290	15,000	45,000	-	-	-	-327	4,725,726	0	110	19,954	905,725	105,052	104,000	47,932	121,622	1,622,940	-1,330	30,000	155,999	-17	22,865	33,885
Principal payments on long-term debt
-	-	-	-	-	291,600	20,150	125,309	45,441	30,445	5,329	5,442	1,086,284	-48,572	38,419	40,411	23,404	22,310	39,112	31,887	21,886	8,838	26,837	6,968	6,898	3,783,698	75,648	138,764	136,949	360,941	40,645	32,649	60,656	46,699	1,778,777	37,051	66,044	86,010	1,543	230,049	65,874
Prepayment penalties and modification payments incurred with debt refinancing
-	-	-	-	-	-	-	-	-	-12	0	0	18,012	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of other long-term obligations
8,400	0	7,461	39	7,900	900	7,164	0	7,636	173	7,038	156	28,033	385	6,488	0	6,899	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on financing obligations
13,500	13,200	13,057	12,743	12,600	19,100	15,534	16,116	16,650	14,379	14,093	14,543	14,785	12,628	12,322	12,950	12,648	11,433	11,154	11,823	12,475	10,323	10,044	10,600	11,255	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale-and-leaseback transactions in conjunction with acquisitions
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on finance leases
1,600	1,600	1,659	1,341	1,600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	627,243	0	0	22,275	-	-	-	-	-	-	-	-	0	0	0	11,200
Proceeds from exercise of options
4,600	900	288	212	500	0	2,205	4,404	791	3,170	3,509	3,109	612	5,947	1,045	2,867	1,742	1,330	2,551	2,775	2,743	3,576	189	453	5,581	6,156	12,574	17,344	15,461	22,241	1,158	3,894	4,640	6,454	2,570	4,374	3,321	7,499	1,147	2,096	746
Repurchase of common stock
-	-	-	-	-	-	-	-	-	4	19,002	0	5,794	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of contingent purchase price
-	-	-	-	-	-100	3,659	420	121	63	19,496	20	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from insurance financing
15,700	1,800	503	97	13,700	4,500	59	0	8,541	3,132	0	0	8,768	3,505	90	331	9,193	3,835	0	0	885	14,072	0	481	14,335	3,927	0	0	15,306	-	-	-	-	-	-	-	-	-	-	-	-
Payments on insurance financing
6,300	4,600	4,326	4,674	5,800	2,900	286	3,907	3,907	796	3,222	4,913	3,269	1,544	4,114	4,166	3,784	3,063	3,739	4,159	4,314	3,427	4,836	5,112	4,853	3,813	5,219	5,331	5,706	3,451	4,438	4,682	4,682	2,550	3,278	3,345	3,472	3,680	3,803	1,723	4,215
Other
0	-100	-20	20	-300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,090	1,657	6,379	530	239	1,839	7,752	2,966	2,045	2,293	3,467	3,149	454	999	1,479	240	259	482	1,576	2,909	114	948	-660
Net cash provided by (used in) financing activities
508,800	-88,500	-120,844	132,644	-45,700	1,522,400	-44,529	-141,348	-64,423	-79,508	-74,674	-21,275	-31,543	-261,970	-12,035	-42,339	-23,586	3,019	404,619	-28,437	16,332	35,590	8,646	-19,580	4,335	60,456	-66,248	-124,348	-110,742	571,469	71,581	71,562	-11,287	17,411	-183,322	-35,978	-34,619	88,766	-48,826	-215,775	-47,318
Change in cash, cash equivalents, and restricted cash
292,200	30,800	35,682	-25,382	-67,100	236,000	43,628	-17,860	-59,968	13,803	40,508	-35,089	29,978	23,983	-19,592	7,122	-22,771	13,520	-9,629	-4,611	29,056	-22,034	-20,592	-36,396	-5,300	25,124	32,736	-12,567	-12,765	43,035	13,306	-13,325	-20,989	30,619	-114,164	87,507	-11,907	-109,057	-42,762	-244,303	-70,611
Supplemental disclosure:
Cash paid for interest, net of amounts capitalized
135,600	123,700	138,776	125,924	139,700	180,200	120,177	109,794	120,229	107,340	122,819	108,816	113,825	113,631	109,232	116,350	113,629	112,899	108,881	112,216	100,179	109,658	99,627	109,934	99,325	84,861	30,276	19,347	32,673	13,723	24,165	9,028	24,007	7,759	32,068	14,956	38,357	11,338	41,859	19,876	43,234
Cash payments related to income taxes, net
-1,100	900	16,400	6,200	-1,700	600	17,293	4,274	2,233	-21,648	-15,793	3,644	-9,303	308	413	348	-12,481	4,237	447	206	226	11,938	8,217	2,678	352	11,409	30,101	27,124	1,124	1,079	71,382	99,701	15,353	20,316	41,767	27,453	1,166	21,734	21,675	21,411	7,271
Non-cash investing and financing activities:
Commencement of operating leases
1,000	200	463	516,337	196,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commencement of finance leases
-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued capital expenditures
7,400	4,300	4,664	-2,964	6,600	2,800	811	3,303	786	-593	-7,102	316	9,279	1,903	-4,052	3,103	5,795	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued advances to Jamul Tribe
-	-	-	-	-	-	-	-	-	1,171	55	171	1,103	-28,016	-3,797	1,861	36,914	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	828	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-