1. United States of America Stocks

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    Real Estate

  3. •

    REIT - Residential
Equity LifeStyle Properties, Inc.

Equity LifeStyle Properties, Inc.

ELS
Equity LifeStyle Properties, Inc.US flagNew York Stock Exchange
61.48
USD
+0.03
- -
11.92BMarket 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
565
669
713
761
807
856
912
968
1,021
1,108
1,255
1,375
1,404
1,433
1,450
+ Sales & Services Revenue
565
669
713
761
807
856
912
968
1,021
1,108
1,255
1,375
1,404
1,433
1,450
- Cost of Revenue
279
316
341
367
388
412
444
467
487
538
658
730
732
725
720
+ Cost of Goods & Services
279
316
341
367
388
412
444
467
487
538
658
730
732
725
720
Gross Profit
285
353
373
395
419
444
468
501
533
570
596
645
673
708
731
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
158
182
157
160
165
166
171
191
207
229
270
295
299
292
289
+ Selling, General & Admin
50
39
44
42
46
46
47
54
56
73
82
92
96
88
80
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Operating Expense
108
143
113
118
119
121
123
136
151
155
188
202
204
204
209
Operating Income (Loss)
127
171
216
234
255
277
298
311
327
341
326
350
373
416
442
- Non-Operating (Income) Loss
85
107
139
96
104
90
87
84
31
100
50
51
54
31
43
+ Interest Expense, Net
94
116
110
104
99
95
93
97
97
96
102
109
123
128
121
+ Interest Expense
99
124
119
112
106
102
101
105
104
103
109
117
132
138
131
- Interest Income
6
8
8
8
7
7
8
8
7
7
7
7
9
9
10
+ Other Non-Op (Income) Loss
-8
-9
28
-8
5
-5
-6
-13
-66
4
-52
-58
-69
-97
-79
Pretax Income
42
64
77
138
151
187
210
226
296
241
276
299
319
384
399
- Income Tax Expense (Benefit)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-10
- -
-3
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
42
64
77
138
151
187
210
226
296
241
276
299
330
385
402
- Net Extraordinary Losses (Gains)
11
-1
-29
21
22
28
26
28
34
26
27
28
31
36
31
+ Discontinued Operations
1
11
49
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
11
-11
-78
21
22
28
26
28
34
26
27
28
31
36
31
Income (Loss) Incl. MI
31
64
106
118
128
159
185
199
262
215
249
270
299
349
371
- Minority Interest
-6
-5
-10
-10
-11
-14
-13
-14
-17
-13
-14
-14
-15
-18
-16
Net Income, GAAP
37
69
116
128
139
173
198
213
279
228
262
285
314
367
387
- Preferred Dividends
14
15
9
9
9
9
8
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
23
55
107
119
130
164
190
213
279
228
262
285
314
367
386
EBIT
127
171
216
234
255
277
298
311
327
341
326
350
373
416
442
EBITDA
241
322
328
350
372
399
423
449
480
499
517
557
582
625
655
EBITDA Margin (%)
42.65
48.05
46.02
46
46.05
46.63
46.35
46.4
47.08
45.03
41.25
40.49
41.46
43.63
45.19
EBITA
127
171
216
234
255
277
298
311
327
341
326
350
373
416
442
Gross Margin (%)
50.54
52.76
52.23
51.82
51.93
51.83
51.37
51.78
52.23
51.42
47.53
46.88
47.89
49.4
50.38
Operating Margin (%)
22.51
25.53
30.25
30.79
31.55
32.39
32.65
32.08
31.99
30.78
25.99
25.43
26.57
29.02
30.45
Profit Margin (%)
6.48
10.37
16.29
16.81
17.26
20.23
21.67
21.96
27.35
20.61
20.92
20.7
22.38
25.61
26.65
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.45
0.67
0.47
0.72
0.84
0.95
1.05
1.14
1.27
1.41
1.51
1.67
1.84
1.96
2.11
Depreciation Expense
114
151
112
116
117
122
125
139
154
158
191
207
209
209
214
Basic Weighted Avg Shares
160
165
166
167
168
170
174
178
181
182
183
186
186
187
192
Basic EPS, GAAP
0.14
0.33
0.64
0.71
0.77
0.97
1.09
1.19
1.54
1.25
1.43
1.53
1.69
1.96
2.01
Basic EPS from Cont Ops
0.26
0.39
0.47
0.83
0.9
1.1
1.21
1.27
1.64
1.32
1.51
1.61
1.77
2.05
2.09
Diluted Weighted Avg Shares
161
182
182
183
169
171
175
178
181
193
183
195
195
197
200
Diluted EPS, GAAP
0.14
0.3
0.59
0.65
0.77
0.96
1.09
1.19
1.54
1.19
1.43
1.46
1.61
1.87
1.93
Diluted EPS from Cont Ops
0.26
0.35
0.42
0.76
0.89
1.1
1.2
1.27
1.64
1.25
1.51
1.53
1.69
1.96
2.01

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
179
250
166
164
157
142
85
140
66
60
163
68
80
75
119
+ Cash, Cash Equivalents & STI
70
37
58
74
80
56
36
69
29
24
94
3
4
25
26
+ Cash & Cash Equivalents
70
37
58
74
80
56
36
69
29
24
94
3
4
25
26
+ ST Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Accounts & Notes Receiv
65
45
43
37
35
35
49
35
38
36
40
45
50
51
93
+ Accounts Receivable, Net
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Notes Receivable, Net
64
45
43
37
35
35
49
35
38
36
40
45
50
51
93
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
- -
-1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inventories
2
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Raw Materials
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Work In Process
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Finished Goods
2
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Assets
41
166
65
53
41
52
- -
36
- -
- -
29
20
26
- -
- -
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
3,318
3,148
3,226
3,282
3,244
3,337
3,525
3,786
4,085
4,359
5,145
5,425
5,534
5,570
5,626
+ Property, Plant & Equip, Net
3,265
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Property, Plant & Equip
4,079
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Accumulated Depreciation
814
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Investments & Receivables
9
8
12
14
18
19
53
58
20
20
70
81
85
84
85
+ LT Investments
9
8
12
14
18
19
53
58
20
20
70
81
85
84
85
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
44
3,140
3,215
3,269
3,226
3,317
3,472
3,728
4,065
4,339
5,074
5,343
5,449
5,487
5,541
+ Total Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Goodwill
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
44
3,140
3,215
3,269
3,226
3,317
3,472
3,728
4,065
4,339
5,074
5,343
5,449
5,487
5,541
Total Assets
3,496
3,398
3,392
3,446
3,400
3,479
3,610
3,926
4,151
4,419
5,308
5,493
5,614
5,646
5,745
+ Payables & Accruals
90
74
97
104
119
138
135
164
192
204
252
267
252
265
267
+ Accounts Payable
- -
- -
- -
- -
- -
- -
- -
103
125
130
172
175
152
159
153
+ Accrued Taxes
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
90
74
97
104
119
138
135
61
68
74
80
92
100
106
114
+ ST Debt
- -
- -
- -
- -
- -
- -
30
- -
160
222
349
198
31
77
105
+ ST Borrowings
- -
- -
- -
- -
- -
- -
30
- -
160
222
349
198
31
77
105
+ ST Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Liabilities
54
54
60
67
74
77
79
81
91
243
295
320
345
352
342
+ Deferred Revenue
54
54
60
67
74
77
79
81
91
243
295
320
345
352
342
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Current Liabilities
144
128
157
171
193
215
244
245
444
669
896
785
628
694
714
+ LT Debt
2,285
2,262
2,192
2,212
2,126
2,091
2,170
2,348
2,248
2,445
2,925
3,190
3,488
3,128
3,217
+ LT Borrowings
2,285
2,262
2,192
2,212
2,126
2,091
2,170
2,348
2,248
2,445
2,925
3,190
3,488
3,128
3,217
+ LT Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Liabilities
68
84
80
84
88
91
96
139
137
- -
- -
- -
- -
- -
- -
+ Accrued Liabilities
68
74
80
84
88
91
96
126
137
151
- -
- -
- -
- -
- -
+ Pension Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
- -
10
- -
- -
- -
- -
- -
12
- -
-151
- -
- -
- -
- -
- -
Total Noncurrent Liabilities
2,353
2,346
2,272
2,296
2,214
2,183
2,266
2,487
2,386
2,445
2,925
3,190
3,488
3,128
3,217
Total Liabilities
2,497
2,474
2,429
2,467
2,408
2,397
2,510
2,732
2,829
3,114
3,822
3,975
4,115
3,822
3,931
+ Preferred Equity and Hybrid Capital
200
136
136
136
136
136
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
999
1,013
1,022
1,030
1,040
1,104
1,243
1,330
1,405
1,413
1,595
1,631
1,646
1,953
1,984
+ Common Stock
- -
1
1
1
1
1
1
2
2
2
2
2
2
2
2
+ Additional Paid in Capital
998
1,013
1,021
1,030
1,039
1,103
1,242
1,328
1,403
1,411
1,593
1,629
1,644
1,951
1,982
- Treasury Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Retained Earnings
-270
-288
-264
-254
-251
-231
-212
-211
-154
-180
-184
-204
-224
-215
-225
+ Other Equity
-3
-3
-1
- -
-1
- -
1
2
- -
- -
4
19
6
2
-2
Equity Before Minority Interest
926
859
893
912
925
1,009
1,032
1,122
1,250
1,234
1,415
1,445
1,429
1,741
1,756
+ Minority/Non Controlling Interest
73
65
70
67
68
73
68
72
72
71
71
72
70
83
59
Total Equity
999
924
963
979
993
1,082
1,100
1,193
1,322
1,305
1,486
1,517
1,499
1,824
1,815
Total Liabilities & Equity
3,496
3,398
3,392
3,446
3,400
3,479
3,610
3,926
4,151
4,419
5,308
5,493
5,614
5,646
5,745
Shares Outstanding
164
166
167
168
169
171
177
180
182
182
186
186
186
191
194
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Debt
2,214
2,224
2,134
2,139
2,046
2,035
2,164
2,279
2,380
2,643
3,180
3,385
3,514
3,180
3,295
Net Debt to Equity
221.58
240.67
221.55
218.43
206.09
188.1
196.75
191.01
180.02
202.56
213.98
223.09
234.51
174.37
181.59
Tangible Common Equity Ratio
22.86
23.19
24.38
24.46
25.19
27.18
30.47
30.4
31.84
29.53
28
27.63
26.7
32.3
31.59
Current Ratio
1.24
1.95
1.06
0.96
0.81
0.66
0.35
0.57
0.15
0.09
0.18
0.09
0.13
0.11
0.17
Cash Conversion Cycle
4
2.8
1.15
- -
- -
- -
- -
-40.2
-85.18
-86.26
-83.72
-86.81
-81.48
-78.2
-79.06

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
43
74
126
138
151
187
210
226
296
241
276
299
330
385
402
+ Depreciation & Amortization
114
151
112
116
117
122
125
139
154
158
191
207
209
209
214
+ Non-Cash Items
11
-1
-3
6
22
-11
6
- -
-53
14
8
-30
42
-21
-9
+ Stock-Based Compensation
2
1
2
9
10
6
11
11
8
13
13
9
18
9
7
+ Deferred Income Taxes
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-10
- -
-1
+ Asset Impairment Charge
- -
-5
-42
-1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Non-Cash Adj
9
3
36
-2
12
-17
-5
-11
-60
1
-5
-38
34
-30
-15
+ Chg in Non-Cash Work Cap
9
12
20
25
63
54
37
49
46
4
34
- -
-32
23
-36
+ (Inc) Dec in Accts Receiv
- -
- -
- -
-1
- -
- -
-2
- -
-3
-1
-4
-5
-5
-5
13
+ (Inc) Dec in Inventories
2
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ (Inc) Dec in Prepaid Assets
-8
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc (Dec) in Accts Payable
7
-3
- -
-5
6
10
-5
10
16
3
30
6
-26
- -
-8
+ Inc (Dec) in Other
8
13
20
32
58
44
43
40
33
2
8
-2
-2
28
-42
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
176
236
255
286
353
352
378
414
444
417
509
476
548
597
571
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Fixed Prod Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
-713
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed Prod Assets
-713
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
342
-1
-1
- -
- -
50
121
79
59
- -
140
28
- -
317
- -
+ Increase in Capital Stock
344
- -
- -
- -
- -
50
121
79
59
- -
140
28
- -
317
- -
+ Decrease in Capital Stock
-2
-1
-1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Change in LT Investment
52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Dec in LT Investment
52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Cash From Acq & Div
- -
- -
-3
-3
-4
-5
-33
-4
-1
- -
-91
-26
-9
-10
-10
+ Cash from Divestitures
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash for Acq of Subs
- -
- -
-3
-3
-4
-5
-33
-4
-1
- -
-91
-26
-9
-10
-10
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
-41
-87
-35
-124
-117
-213
-272
-394
-351
-401
-737
-376
-315
-207
-267
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-702
-87
-38
-128
-121
-219
-305
-398
-352
-401
-828
-402
-325
-218
-277
+ Dividends Paid
-72
-111
-77
-121
-142
-161
-182
-203
-229
-257
-276
-311
-343
-368
-405
+ Net Cash From Debt
274
-8
-95
-9
-61
-55
9
146
39
256
568
-38
-35
-318
116
+ Cash From Debt
450
160
396
169
395
88
481
676
316
1,115
1,430
1,212
1,506
590
1,135
+ Repayments of Debt
-176
-168
-490
-178
-456
-143
-473
-529
-277
-859
-861
-1,250
-1,541
-908
-1,019
+ Other Financing Activities
40
-63
-23
-13
-23
8
-46
-5
-1
-20
-14
146
162
-15
-4
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
584
-183
-196
-143
-226
-158
-99
17
-132
-21
419
-175
-216
-384
-293
Effect of Foreign Exchange Rates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Changes in Cash
58
-33
21
15
7
-25
-26
33
-40
-5
99
-101
8
-5
2
EBITDA
241
322
328
350
372
399
423
449
480
499
517
557
582
625
655
EBITDA Margin (%)
42.65
48.05
46.02
46
46.05
46.63
46.35
46.4
47.08
45.03
41.25
40.49
41.46
43.63
45.19
Free Cash Flow
-537
236
255
286
353
352
378
414
444
417
509
476
548
597
571
Net Cash Paid for Acquisitions
- -
- -
3
3
4
5
33
4
1
- -
91
26
9
10
10
Free Cash Flow to Firm
-438
360
374
398
459
454
479
519
548
520
618
592
- -
- -
- -
Free Cash Flow to Equity
-77
150
151
267
283
288
243
561
482
673
1,077
438
513
278
687
Free Cash Flow per Basic Share
-3.36
1.44
1.54
1.71
2.1
2.08
2.17
2.33
2.45
2.29
2.78
2.56
2.95
3.18
2.97
Price/Free Cash Flow
3.03
12.93
12.94
16.51
15.97
17.48
20.61
20.87
28.7
29.23
31.5
26.51
25.16
21.94
21.24
Cash Flow to Net Income
4.8
3.41
2.2
2.23
2.53
2.03
1.91
1.95
1.59
1.83
1.94
1.67
1.74
1.63
1.48
Capital Expenditures
-713
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -