First Industrial Realty Trust, Inc.

First Industrial Realty Trust, Inc.

FR
First Industrial Realty Trust, Inc.US flagNew York Stock Exchange
60.40
USD
+0.35
- -
8.01BMarket 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
303
305
318
347
366
378
396
404
426
448
476
540
614
670
727
+ Sales & Services Revenue
303
305
318
347
366
378
396
404
426
448
476
540
614
670
727
- Cost of Revenue
101
97
104
114
115
112
113
117
117
119
131
144
166
183
191
+ Cost of Goods & Services
101
97
104
114
115
112
113
117
117
119
131
144
166
183
191
Gross Profit
201
208
215
232
251
266
283
287
309
329
345
396
448
487
536
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
136
136
130
135
139
144
144
144
150
162
166
182
204
214
228
+ Selling, General & Admin
21
25
23
23
25
27
28
28
29
33
35
34
37
41
42
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
4
2
1
+ Other Operating Expense
115
111
107
112
114
117
116
116
121
130
131
147
163
172
185
Operating Income (Loss)
66
72
85
97
112
122
138
143
160
166
179
214
245
272
308
- Non-Operating (Income) Loss
100
93
80
77
35
-5
-71
-25
-71
-32
-103
-76
-18
-25
63
+ Interest Expense, Net
96
81
71
70
67
59
57
51
50
51
44
49
74
83
85
+ Interest Expense
100
84
74
72
67
59
57
51
50
51
44
49
74
83
85
- Interest Income
4
3
2
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Non-Op (Income) Loss
3
13
9
7
-32
-64
-128
-75
-122
-83
-147
-125
-92
-108
-22
Pretax Income
-34
-21
5
20
77
127
209
168
231
198
282
290
262
298
245
- Income Tax Expense (Benefit)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
-34
-25
5
23
77
126
208
167
244
200
277
382
286
296
264
- Net Extraordinary Losses (Gains)
-28
-25
-34
-24
6
9
14
8
10
8
12
45
22
17
33
+ Discontinued Operations
24
19
37
28
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
-51
-44
-71
-52
6
9
14
8
10
8
12
45
22
17
33
Income (Loss) Incl. MI
-6
- -
39
47
71
117
195
159
234
192
265
337
264
279
231
- Minority Interest
2
1
-1
-2
-3
-4
-7
-4
-5
-4
-6
-22
-11
-8
-17
Net Income, GAAP
-7
-1
40
49
74
121
201
163
239
196
271
359
275
288
247
- Preferred Dividends
20
19
9
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
-27
-20
32
48
74
121
201
163
239
196
271
359
275
288
247
EBIT
66
72
85
97
112
122
138
143
160
166
179
214
245
272
308
EBITDA
198
207
210
221
233
246
262
264
287
304
318
366
409
449
503
EBITDA Margin (%)
65.36
68.06
65.9
63.62
63.78
64.98
66.04
65.48
67.31
67.88
66.87
67.84
66.63
67.01
69.15
EBITA
66
72
85
97
112
122
138
143
160
166
179
214
245
272
308
Gross Margin (%)
66.54
68.3
67.43
66.98
68.67
70.29
71.37
71.07
72.63
73.4
72.43
73.39
73.02
72.7
73.66
Operating Margin (%)
21.64
23.67
26.68
27.95
30.62
32.2
34.93
35.37
37.47
37.13
37.67
39.63
39.84
40.68
42.32
Profit Margin (%)
-2.46
-0.43
12.66
14.16
20.17
32.07
50.82
40.41
56.05
43.74
56.9
66.52
44.76
42.94
34.03
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.19
0.25
0.35
0.42
0.51
0.72
0.85
0.89
0.93
1
1.08
1.18
1.28
1.46
1.75
Depreciation Expense
132
135
125
124
121
124
123
122
127
138
139
152
165
176
195
Basic Weighted Avg Shares
81
91
107
110
110
115
118
124
126
128
130
132
132
132
132
Basic EPS, GAAP
-0.34
-0.22
0.3
0.44
0.67
1.05
1.7
1.32
1.89
1.53
2.09
2.72
2.08
2.17
1.87
Basic EPS from Cont Ops
-0.42
-0.27
0.05
0.21
0.7
1.09
1.76
1.35
1.93
1.57
2.14
2.89
2.16
2.24
1.99
Diluted Weighted Avg Shares
81
91
107
110
111
115
119
124
127
128
130
132
132
132
133
Diluted EPS, GAAP
-0.34
-0.22
0.3
0.44
0.67
1.05
1.7
1.31
1.88
1.53
2.09
2.72
2.08
2.17
1.87
Diluted EPS from Cont Ops
-0.42
-0.27
0.05
0.21
0.69
1.09
1.75
1.35
1.93
1.56
2.14
2.89
2.16
2.24
1.99

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
155
71
70
77
97
96
122
127
239
306
163
275
199
227
271
+ Cash, Cash Equivalents & STI
10
5
8
10
4
10
21
43
21
162
59
133
44
45
78
+ Cash & Cash Equivalents
10
5
8
10
4
10
21
43
21
162
59
133
44
45
78
+ ST Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Accounts & Notes Receiv
53
59
62
65
68
72
75
76
86
90
104
130
155
170
193
+ Accounts Receivable, Net
53
59
62
65
68
72
75
76
86
90
104
130
155
170
193
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inventories
92
7
- -
- -
3
2
- -
- -
- -
16
- -
- -
- -
5
- -
+ Raw Materials
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Work In Process
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Finished Goods
92
7
- -
- -
3
2
- -
- -
- -
16
- -
- -
- -
5
- -
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Assets
- -
- -
- -
2
23
12
25
7
132
38
- -
12
- -
7
- -
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
2,512
2,538
2,528
2,505
2,612
2,697
2,819
3,016
3,280
3,486
4,016
4,679
4,977
5,035
5,417
+ Property, Plant & Equip, Net
2,425
- -
- -
- -
- -
- -
- -
- -
25
25
25
25
24
20
20
+ Property, Plant & Equip
3,084
- -
- -
- -
- -
- -
- -
- -
25
25
25
25
24
20
20
- Accumulated Depreciation
659
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Investments & Receivables
2
1
1
- -
- -
- -
- -
23
18
46
36
9
45
51
6
+ LT Investments
2
1
1
- -
- -
- -
- -
23
18
46
36
9
45
51
6
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
85
2,537
2,527
2,505
2,612
2,697
2,819
2,993
3,237
3,415
3,956
4,646
4,908
4,964
5,392
+ Total Intangible Assets
38
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Goodwill
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Intangible Assets
38
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
47
2,537
2,527
2,505
2,612
2,697
2,819
2,993
3,237
3,415
3,956
4,646
4,908
4,964
5,392
Total Assets
2,667
2,609
2,598
2,582
2,710
2,793
2,941
3,143
3,519
3,792
4,179
4,954
5,176
5,261
5,688
+ Payables & Accruals
71
81
86
92
109
108
114
108
145
154
190
235
188
184
242
+ Accounts Payable
71
81
75
80
94
84
87
79
115
120
153
194
143
133
179
+ Accrued Taxes
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
- -
- -
10
12
15
23
27
29
31
34
37
41
44
51
63
+ ST Debt
149
98
173
185
52
190
144
- -
158
- -
79
143
299
282
183
+ ST Borrowings
149
98
173
185
52
190
144
- -
158
- -
79
143
299
282
183
+ ST Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Liabilities
27
31
30
37
40
43
44
48
58
62
99
100
107
105
115
+ Deferred Revenue
26
31
30
37
40
43
44
48
58
62
99
100
107
105
115
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Current Liabilities
247
210
289
314
201
341
302
155
361
216
368
478
593
570
539
+ LT Debt
1,330
1,238
1,124
1,165
1,382
1,158
1,152
1,298
1,348
1,617
1,554
1,946
1,947
1,945
2,390
+ LT Borrowings
1,330
1,238
1,124
1,165
1,382
1,158
1,152
1,298
1,326
1,595
1,531
1,923
1,925
1,927
2,370
+ LT Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
22
23
23
22
22
18
19
+ Other LT Liabilities
17
16
14
13
12
10
10
10
12
11
9
- -
- -
- -
- -
+ Accrued Liabilities
17
16
14
13
12
10
10
10
12
11
9
100
107
- -
- -
+ Pension Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-100
-107
- -
- -
Total Noncurrent Liabilities
1,347
1,253
1,137
1,178
1,394
1,168
1,163
1,307
1,360
1,629
1,563
1,946
1,947
1,945
2,390
Total Liabilities
1,594
1,463
1,426
1,491
1,595
1,509
1,465
1,463
1,721
1,845
1,931
2,424
2,541
2,515
2,929
+ Preferred Equity and Hybrid Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
1,812
1,908
1,940
1,752
1,758
1,888
1,968
2,133
2,142
2,226
2,377
2,403
2,413
2,427
2,438
+ Common Stock
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
+ Additional Paid in Capital
1,811
1,906
1,939
1,751
1,756
1,887
1,967
2,132
2,141
2,225
2,376
2,401
2,412
2,425
2,436
- Treasury Stock
140
140
140
140
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Retained Earnings
-634
-658
-670
-689
-675
-642
-542
-491
-371
-306
-178
23
128
219
231
+ Other Equity
-12
-7
-3
-14
-10
-5
1
4
-7
-17
-4
33
22
20
3
Equity Before Minority Interest
1,027
1,103
1,127
1,049
1,073
1,241
1,428
1,646
1,764
1,903
2,195
2,459
2,563
2,666
2,671
+ Minority/Non Controlling Interest
46
42
44
42
42
43
48
34
34
45
54
71
72
80
88
Total Equity
1,073
1,146
1,171
1,091
1,115
1,285
1,476
1,680
1,798
1,947
2,248
2,530
2,635
2,746
2,759
Total Liabilities & Equity
2,667
2,609
2,598
2,582
2,710
2,793
2,941
3,143
3,519
3,792
4,179
4,954
5,176
5,261
5,688
Shares Outstanding
87
99
110
111
111
117
120
126
127
129
132
132
132
132
132
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
- -
- -
- -
- -
- -
- -
22
23
23
22
22
18
19
Net Debt
1,469
1,331
1,289
1,340
1,430
1,337
1,276
1,255
1,462
1,433
1,551
1,933
2,180
2,165
2,475
Net Debt to Equity
136.99
116.16
110.08
122.87
128.25
104.1
86.45
74.69
81.33
73.57
69
76.4
82.75
78.83
89.72
Tangible Common Equity Ratio
39.36
43.91
45.09
42.25
41.15
45.99
50.18
53.45
51.1
51.35
53.8
51.07
50.91
52.19
48.5
Current Ratio
0.63
0.34
0.24
0.24
0.48
0.28
0.4
0.81
0.66
1.41
0.44
0.58
0.34
0.4
0.5
Cash Conversion Cycle
131.42
-2,135.1
-212.16
-179.95
-199.64
-214.26
-209.12
-189.6
-232.97
-222.04
-335.32
-361.91
-287.04
-175.62
-208.81

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
-9
-3
41
51
77
126
208
167
244
200
277
382
286
296
264
+ Depreciation & Amortization
132
135
125
124
121
124
123
122
127
138
139
152
165
176
195
+ Non-Cash Items
-19
-7
-27
-33
-33
-64
-133
-77
-136
-99
-163
-149
-139
-130
-16
+ Stock-Based Compensation
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Income Taxes
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Asset Impairment Charge
-3
1
3
- -
1
- -
- -
3
- -
- -
- -
- -
- -
- -
- -
+ Other Non-Cash Adj
-17
-9
-30
-33
-33
-64
-133
-80
-136
-99
-163
-149
-139
-130
-16
+ Chg in Non-Cash Work Cap
-16
11
-13
-5
-3
-11
-6
-1
11
2
14
26
-7
11
18
+ (Inc) Dec in Accts Receiv
-11
- -
-8
-5
-9
-5
-6
-4
-11
5
- -
-5
-2
-1
-11
+ (Inc) Dec in Inventories
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ (Inc) Dec in Prepaid Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc (Dec) in Accts Payable
-6
11
-6
- -
6
-6
- -
3
22
-3
14
31
-4
11
29
+ Inc (Dec) in Other
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
88
136
126
137
162
174
193
211
246
241
267
411
305
353
461
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
76
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Fixed Prod Assets
76
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
-91
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed Prod Assets
-91
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
202
132
171
-5
-2
120
72
140
- -
79
146
13
- -
- -
- -
+ Increase in Capital Stock
203
135
174
- -
- -
125
75
146
- -
79
146
13
- -
- -
- -
+ Decrease in Capital Stock
-1
-3
-3
-5
-2
-5
-2
-6
- -
- -
- -
- -
- -
- -
- -
+ Net Change in LT Investment
- -
- -
- -
- -
-12
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Dec in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc in LT Investment
- -
- -
- -
- -
-12
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Cash From Acq & Div
- -
- -
- -
- -
- -
- -
- -
-25
- -
-43
-2
-6
-12
-6
-4
+ Cash from Divestitures
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash for Acq of Subs
- -
- -
- -
- -
- -
- -
- -
-25
- -
-43
-2
-6
-12
-6
-4
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
11
-42
-61
-69
-185
-122
-82
-198
-205
-209
-415
-623
-366
-126
-520
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-4
-42
-61
-69
-197
-122
-82
-223
-205
-252
-417
-629
-378
-132
-524
+ Dividends Paid
-15
-23
-38
-47
-56
-83
-101
-110
-117
-127
-140
-155
-169
-193
-231
+ Net Cash From Debt
-278
-156
-40
63
92
-94
-50
-10
185
112
94
460
156
-17
344
+ Cash From Debt
646
440
373
556
582
442
629
537
565
547
578
1,185
374
321
1,219
+ Repayments of Debt
-925
-595
-413
-493
-489
-536
-679
-547
-380
-435
-484
-725
-218
-338
-874
+ Other Financing Activities
-8
-53
-155
-77
-5
-1
-7
-3
-5
-6
-91
-13
-14
-2
-24
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
-100
-99
-62
-66
29
-57
-85
17
62
58
9
305
-28
-213
89
Effect of Foreign Exchange Rates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Changes in Cash
-16
-5
3
2
-5
-6
25
4
102
47
-141
86
-101
8
26
EBITDA
198
207
210
221
233
246
262
264
287
304
318
366
409
449
503
EBITDA Margin (%)
65.36
68.06
65.9
63.62
63.78
64.98
66.04
65.48
67.31
67.88
66.87
67.84
66.63
67.01
69.15
Free Cash Flow
-3
136
126
137
162
174
193
211
246
241
267
411
305
353
461
Net Cash Paid for Acquisitions
- -
- -
- -
- -
- -
- -
- -
25
- -
43
2
6
12
6
4
Free Cash Flow to Firm
- -
- -
199
209
230
234
250
261
296
292
311
460
379
436
546
Free Cash Flow to Equity
-225
-38
77
199
255
81
143
200
430
353
361
870
460
335
806
Free Cash Flow per Basic Share
-0.04
1.49
1.18
1.25
1.47
1.51
1.63
1.7
1.94
1.89
2.06
3.11
2.3
2.66
3.48
Price/Free Cash Flow
4.63
9.44
14.85
16.54
15.11
18.58
19.38
17.03
21.41
22.35
32.17
15.51
22.87
18.83
16.45
Cash Flow to Net Income
-11.76
-103.51
3.12
2.79
2.2
1.44
0.96
1.29
1.03
1.23
0.99
1.14
1.11
1.23
1.86
Capital Expenditures
-91
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -