1. United States of America Stocks

  2. •

    Real Estate

  3. •

    REIT - Specialty
CoreCivic, Inc.

CoreCivic, Inc.

CXW
CoreCivic, Inc.US flagNew York Stock Exchange
21.71
USD
+0.36
- -
2.15BMarket Cap

Income Statement (USD)

APIChat
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Sales/Revenue/Turnover
1,689
1,724
1,694
1,647
1,793
1,850
1,765
1,836
1,981
1,905
1,863
1,845
1,897
1,962
2,211
+ Sales & Services Revenue
1,689
1,724
1,694
1,647
1,793
1,850
1,765
1,836
1,981
1,905
1,863
1,845
1,897
1,962
2,211
- Cost of Revenue
1,158
1,217
1,220
1,156
1,256
1,276
1,250
1,315
1,423
1,406
1,337
1,414
1,462
1,493
1,693
+ Cost of Goods & Services
1,158
1,217
1,220
1,156
1,256
1,276
1,250
1,315
1,423
1,406
1,337
1,414
1,462
1,493
1,693
Gross Profit
531
507
474
491
537
574
516
521
558
499
526
432
434
468
519
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
199
202
216
220
255
274
255
263
272
275
271
256
263
280
298
+ Selling, General & Admin
91
89
104
106
104
107
108
107
127
124
136
128
136
152
170
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Operating Expense
108
113
113
114
152
167
147
157
145
151
135
128
127
128
129
Operating Income (Loss)
332
305
258
270
282
300
261
257
286
224
255
176
171
188
220
- Non-Operating (Income) Loss
73
60
88
68
51
72
69
90
90
164
169
11
75
96
63
+ Interest Expense, Net
70
58
45
40
50
68
69
81
84
83
86
85
73
67
62
+ Interest Expense
73
58
45
40
50
68
69
81
84
83
86
85
73
67
62
- Interest Income
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Non-Op (Income) Loss
3
2
43
29
2
4
1
9
5
81
83
-74
2
29
1
Pretax Income
258
244
170
202
230
228
192
168
197
60
86
165
96
92
157
- Income Tax Expense (Benefit)
96
88
-135
7
8
8
14
8
8
4
138
43
28
23
41
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
162
157
305
195
222
220
178
159
189
55
-52
122
68
69
117
- Net Extraordinary Losses (Gains)
- -
- -
4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Discontinued Operations
- -
- -
-4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
- -
- -
8
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) Incl. MI
163
157
301
195
222
220
178
159
189
55
-52
122
68
69
117
- Minority Interest
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
163
157
301
195
222
220
178
159
189
55
-52
122
68
69
117
- Preferred Dividends
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
163
157
301
195
222
220
178
159
189
55
-52
122
68
69
117
EBIT
332
305
258
270
282
300
261
257
286
224
255
176
171
188
220
EBITDA
441
419
371
384
433
467
408
414
431
375
390
304
298
316
349
EBITDA Margin (%)
26.09
24.28
21.91
23.34
24.15
25.26
23.12
22.53
21.75
19.67
20.93
16.47
15.72
16.12
15.79
EBITA
332
305
258
270
282
300
261
257
286
224
255
176
171
188
220
Gross Margin (%)
31.41
29.39
27.97
29.8
29.95
31.04
29.22
28.35
28.17
26.19
28.22
23.39
22.89
23.87
23.46
Operating Margin (%)
19.64
17.67
15.21
16.42
15.7
16.24
14.78
14.01
14.45
11.75
13.69
9.53
9.01
9.59
9.96
Profit Margin (%)
9.62
9.09
17.76
11.84
12.37
11.89
10.08
8.67
9.54
2.9
-2.79
6.63
3.56
3.51
5.27
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
0.6
2.73
2.02
2.14
2.18
1.7
1.72
1.76
0.89
0.02
0.01
- -
- -
- -
Depreciation Expense
109
114
113
114
152
167
147
157
145
151
135
128
127
128
129
Basic Weighted Avg Shares
105
100
110
116
117
117
118
119
119
120
120
118
114
111
- -
Basic EPS, GAAP
1.55
1.57
2.74
1.68
1.9
1.87
1.51
1.34
1.59
0.46
-0.43
1.03
0.59
0.62
- -
Basic EPS from Cont Ops
1.55
1.58
2.78
1.68
1.9
1.87
1.51
1.34
1.59
0.46
-0.43
1.03
0.59
0.62
- -
Diluted Weighted Avg Shares
106
101
111
117
118
118
118
119
119
121
122
119
115
112
- -
Diluted EPS, GAAP
1.54
1.56
2.7
1.66
1.88
1.87
1.5
1.34
1.59
0.46
-0.43
1.03
0.59
0.62
- -
Diluted EPS from Cont Ops
1.54
1.56
2.74
1.66
1.88
1.87
1.5
1.34
1.59
0.46
-0.43
1.03
0.59
0.62
- -

Balance Sheet (USD)

APIChat
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Total Current Assets
359
351
353
353
342
299
327
374
435
717
627
514
475
450
611
+ Cash, Cash Equivalents & STI
56
63
78
74
65
38
52
53
92
113
300
149
122
107
98
+ Cash & Cash Equivalents
56
63
78
74
65
38
52
53
92
113
300
149
122
107
98
+ ST Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Accounts & Notes Receiv
270
247
245
249
234
230
254
271
281
268
283
312
312
289
446
+ Accounts Receivable, Net
270
247
245
249
234
230
254
271
281
268
283
312
312
289
446
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inventories
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Raw Materials
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Work In Process
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Finished Goods
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Assets
34
41
30
30
42
31
21
50
62
336
45
52
41
54
67
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
2,660
2,624
2,655
2,765
3,014
2,973
2,945
3,282
3,356
2,992
2,872
2,731
2,630
2,482
2,646
+ Property, Plant & Equip, Net
2,609
2,566
2,547
2,659
2,883
2,838
2,547
2,831
2,808
2,544
2,453
2,322
2,234
2,102
2,269
+ Property, Plant & Equip
3,509
3,562
3,627
3,810
4,077
4,190
3,940
4,347
4,318
4,104
4,111
4,038
4,055
4,008
4,282
- Accumulated Depreciation
900
995
1,080
1,151
1,194
1,352
1,393
1,517
1,510
1,559
1,658
1,716
1,821
1,906
2,012
+ LT Investments & Receivables
9
7
5
3
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Investments
9
7
5
3
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
42
50
103
103
130
135
398
452
548
448
418
409
396
380
376
+ Total Intangible Assets
12
11
42
41
77
79
84
98
65
17
14
13
12
12
17
+ Goodwill
12
11
16
16
36
38
41
48
51
6
5
5
5
5
9
+ Other Intangible Assets
- -
- -
26
25
42
41
43
50
15
11
9
8
7
7
8
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
30
39
61
62
53
56
314
353
483
431
404
397
384
368
360
Total Assets
3,020
2,975
3,007
3,118
3,356
3,272
3,272
3,656
3,792
3,709
3,499
3,245
3,105
2,932
3,257
+ Payables & Accruals
178
146
235
297
253
221
242
312
273
210
234
225
223
242
295
+ Accounts Payable
45
46
50
50
73
50
53
97
75
85
91
90
72
73
82
+ Accrued Taxes
24
25
26
26
27
30
32
27
28
29
30
29
31
29
28
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
108
75
159
221
154
141
158
188
170
96
113
107
120
140
184
+ ST Debt
- -
- -
- -
- -
25
22
22
27
67
65
66
198
46
15
40
+ ST Borrowings
- -
- -
- -
- -
5
10
10
14
31
39
35
166
12
12
16
+ ST Finance Leases
- -
- -
- -
- -
20
12
12
13
36
26
31
33
34
3
24
+ Other ST Liabilities
20
21
19
22
47
29
27
28
29
38
41
27
29
29
35
+ Deferred Revenue
- -
- -
- -
6
32
14
14
15
15
9
11
11
13
12
17
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
15
15
- -
- -
- -
- -
+ Misc ST Liabilities
20
21
19
16
15
15
13
12
13
14
15
16
16
17
18
Total Current Liabilities
198
166
254
319
325
272
291
366
369
313
341
451
297
286
369
+ LT Debt
1,245
1,112
1,213
1,198
1,475
1,461
1,459
1,806
1,987
1,900
1,621
1,189
1,161
998
1,312
+ LT Borrowings
1,245
1,112
1,205
1,190
1,447
1,435
1,437
1,788
1,928
1,748
1,492
1,085
1,083
973
1,205
+ LT Finance Leases
- -
- -
8
7
28
25
22
19
59
152
129
104
78
24
107
+ Other LT Liabilities
168
175
38
119
94
80
71
68
59
83
165
173
169
155
171
+ Accrued Liabilities
137
140
1
87
63
53
40
26
12
33
116
122
115
102
107
+ Pension Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
32
36
37
32
30
26
31
42
47
49
49
51
54
54
64
Total Noncurrent Liabilities
1,413
1,287
1,251
1,317
1,569
1,540
1,530
1,874
2,046
1,982
1,786
1,362
1,330
1,153
1,483
Total Liabilities
1,612
1,453
1,505
1,636
1,893
1,813
1,821
2,241
2,415
2,296
2,126
1,812
1,628
1,439
1,851
+ Preferred Equity and Hybrid Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
1,130
1,147
1,727
1,749
1,764
1,782
1,796
1,808
1,823
1,837
1,871
1,809
1,786
1,733
1,529
+ Common Stock
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
+ Additional Paid in Capital
1,129
1,146
1,725
1,748
1,762
1,780
1,795
1,807
1,822
1,835
1,870
1,808
1,785
1,732
1,528
- Treasury Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Retained Earnings
278
374
-224
-268
-301
-323
-344
-393
-446
-447
-499
-376
-309
-240
-123
+ Other Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Equity Before Minority Interest
1,408
1,522
1,503
1,482
1,463
1,459
1,452
1,415
1,377
1,390
1,372
1,432
1,478
1,493
1,405
+ Minority/Non Controlling Interest
- -
- -
- -
- -
- -
- -
- -
- -
- -
23
- -
- -
- -
- -
- -
Total Equity
1,408
1,522
1,503
1,482
1,463
1,459
1,452
1,415
1,377
1,413
1,372
1,432
1,478
1,493
1,405
Total Liabilities & Equity
3,020
2,975
3,007
3,118
3,356
3,272
3,272
3,656
3,792
3,709
3,499
3,245
3,105
2,932
3,257
Shares Outstanding
100
100
116
117
117
118
118
119
119
120
120
115
113
110
100
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
8
7
48
37
33
32
94
178
160
137
112
28
130
Net Debt
1,189
1,049
1,127
1,116
1,387
1,407
1,395
1,749
1,867
1,674
1,228
1,101
973
878
1,123
Net Debt to Equity
84.46
68.92
75.01
75.33
94.81
96.47
96.1
123.59
135.63
118.4
89.46
76.86
65.87
58.77
79.9
Tangible Common Equity Ratio
46.42
50.97
49.26
46.82
42.26
43.22
42.89
37.02
35.2
37.82
38.98
43.93
47.38
50.74
42.85
Current Ratio
1.81
2.11
1.39
1.11
1.05
1.1
1.13
1.02
1.18
2.29
1.84
1.14
1.6
1.57
1.66
Cash Conversion Cycle
22.86
41.03
38.7
38.96
31.36
28.28
34.98
31.37
28.77
31.7
29.89
35.57
39.92
38.2
43.93

Cash Flow Statement (USD)

APIChat
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
+ Net Income
163
157
301
195
222
220
178
159
189
55
-52
122
68
69
117
+ Depreciation & Amortization
109
114
113
114
152
167
147
157
145
151
135
128
127
128
129
+ Non-Cash Items
34
23
-87
44
26
12
8
8
27
115
159
-37
29
46
53
+ Stock-Based Compensation
10
12
13
14
15
18
13
13
17
17
19
18
21
26
28
+ Deferred Income Taxes
19
6
-151
-3
6
-4
1
-4
-1
5
99
11
-3
-8
9
+ Asset Impairment Charge
- -
- -
9
30
1
- -
1
2
5
61
11
4
3
3
1
+ Other Non-Cash Adj
4
5
42
3
4
-2
-7
-2
6
32
30
-71
8
25
15
+ Chg in Non-Cash Work Cap
46
-10
42
71
- -
-24
8
-1
-6
34
21
-59
8
26
-104
+ (Inc) Dec in Accts Receiv
47
12
17
-13
1
14
-14
-19
-17
17
-11
-35
7
15
-145
+ (Inc) Dec in Inventories
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ (Inc) Dec in Prepaid Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc (Dec) in Accts Payable
-1
-23
25
83
-1
-38
22
19
11
18
32
-24
2
11
41
+ Inc (Dec) in Other
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
351
283
370
424
400
375
341
323
354
356
263
154
232
269
195
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Fixed Prod Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
-126
-30
-28
-86
-165
-42
-18
-58
-136
-28
- -
- -
- -
- -
- -
+ Acq of Fixed Prod Assets
-126
-30
-28
-86
-165
-42
-18
-58
-136
-28
- -
- -
- -
- -
- -
+ Acq of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
-240
-3
-7
-4
-9
-4
-6
-3
-4
-4
-2
-80
-43
-77
-229
+ Increase in Capital Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Decrease in Capital Stock
-240
-3
-7
-4
-9
-4
-6
-3
-4
-4
-2
-80
-43
-77
-229
+ Net Change in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Dec in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Cash From Acq & Div
- -
- -
-36
- -
-158
-44
-49
-176
-48
-9
- -
- -
- -
- -
-74
+ Cash from Divestitures
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash for Acq of Subs
- -
- -
-36
- -
-158
-44
-49
-176
-48
-9
- -
- -
- -
- -
-74
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
-46
-49
-61
-111
-86
-36
-58
-57
-60
49
238
73
-59
-54
-133
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-172
-80
-126
-197
-409
-122
-125
-291
-245
13
238
73
-59
-54
-206
+ Dividends Paid
- -
-60
-299
-234
-251
-255
-200
-204
-210
-106
-3
-1
- -
- -
- -
+ Net Cash From Debt
87
-135
85
-5
258
-21
2
203
159
-230
-542
-288
-283
-110
232
+ Cash From Debt
384
888
1,283
250
807
389
476
818
1,147
374
741
100
250
547
435
+ Repayments of Debt
-297
-1,024
-1,198
-255
-549
-410
-474
-615
-988
-604
-1,282
-388
-533
-657
-203
+ Other Financing Activities
4
1
-8
13
3
-1
2
-5
-11
-11
218
-6
120
-35
-1
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
-149
-196
-229
-230
- -
-281
-202
-10
-65
-351
-328
-375
-206
-222
2
Effect of Foreign Exchange Rates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Changes in Cash
30
7
15
-4
-9
-28
14
22
45
18
174
-149
-33
-7
-10
EBITDA
441
419
371
384
433
467
408
414
431
375
390
304
298
316
349
EBITDA Margin (%)
26.09
24.28
21.91
23.34
24.15
25.26
23.12
22.53
21.75
19.67
20.93
16.47
15.72
16.12
15.79
Free Cash Flow
225
253
342
338
235
334
324
265
218
328
263
154
232
269
195
Net Cash Paid for Acquisitions
- -
- -
36
- -
158
44
49
176
48
9
- -
- -
- -
- -
74
Free Cash Flow to Firm
271
290
- -
376
283
399
387
341
299
405
212
216
283
320
241
Free Cash Flow to Equity
312
118
427
333
492
313
325
467
377
98
-278
-134
-52
159
427
Free Cash Flow per Basic Share
2.15
2.54
3.12
2.91
2.01
2.84
2.74
2.23
1.83
2.74
2.19
1.3
2.04
2.43
- -
Price/Free Cash Flow
2.14
5.5
5.49
5.43
3.84
5.23
5.99
4.87
3.96
2.07
4.61
8.96
7.18
9.03
- -
Cash Flow to Net Income
2.16
1.81
1.23
2.17
1.8
1.71
1.92
2.03
1.88
6.42
-5.07
1.26
3.43
3.91
1.67
Capital Expenditures
-126
-30
-28
-86
-165
-42
-18
-58
-136
-28
- -
- -
- -
- -
- -