-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SNYIr0RawyvqFj6z8DhMzulYsCXLkzWDIwsLVNRAaLP8vz7UM3yxnzlT6x8Jbnwv NyyS9XXRaTPbSjZwukHuLA== 0000930413-08-004404.txt : 20080724 0000930413-08-004404.hdr.sgml : 20080724 20080724070047 ACCESSION NUMBER: 0000930413-08-004404 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080724 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080724 DATE AS OF CHANGE: 20080724 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BECTON DICKINSON & CO CENTRAL INDEX KEY: 0000010795 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 220760120 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04802 FILM NUMBER: 08966952 BUSINESS ADDRESS: STREET 1: ONE BECTON DR CITY: FRANKLIN LAKES STATE: NJ ZIP: 07417-1880 BUSINESS PHONE: 2018476800 MAIL ADDRESS: STREET 1: ONE BECTON DR CITY: FRANKLIN LAKE STATE: NJ ZIP: 07417 8-K 1 c54363_8k.htm


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) July 24, 2008

BECTON, DICKINSON AND COMPANY

(Exact Name of Registrant as Specified in Its Charter)

New Jersey

(State or Other Jurisdiction of Incorporation)

001-4802 22-0760120

 
(Commission File Number)
(IRS Employer Identification No.)

1 Becton Drive, Franklin Lakes, New Jersey 07417-1880

 
(Address of Principal Executive Offices)
(Zip Code)

(201) 847-6800

(Registrant’s Telephone Number, Including Area Code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K Filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 




ITEM 2.02      RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On July 24, 2008, Becton, Dickinson and Company (“BD”) issued a press release announcing its financial results for the fiscal quarter ending June 30, 2008. A copy of the press release is furnished as Exhibit 99.1 to this report.

The press release furnished as Exhibit 99.1 contains certain financial measures that differ from those presented in accordance with U.S. generally accepted accounting principles (GAAP), as follows:

  • Revenues. We present international and total company revenue growth rates at constant foreign exchange rates. We believe that presenting revenue growth rates at constant foreign exchange rates allows investors to view the underlying operating results of BD and of its segments without the impact of fluctuations in foreign currency exchange rates, thereby facilitating comparisons to prior periods.

  • Operating Income. We present BD’s operating income, both alone and as a percentage of revenues, for the third quarter of fiscal year 2007 after excluding the impact of the in-process research and development (“R&D”) charge relating to our acquisition of Plasso Technology, Ltd. (“Plasso”). We also present BD’s operating income, both alone and as a percentage of revenues, for the first nine months of fiscal year 2007 after excluding the impact of the in-process R&D charges relating to our acquisition of Plasso and our acquisition of TriPath Imaging, Inc. (“TriPath”). These charges affected reported operating income for the periods presented, but are not considered by management to be part of ordinary operations. Accordingly, management believes that these adjusted measures of operating income are more indicative of BD’s underlying performance, and allow investors to better understand BD’s comparative operating performance for the periods presented.

  • Effective Tax Rate. We present BD’s effective tax rate for the third quarter of fiscal year 2007 after excluding the impact of the in-process R&D charges relating to our acquisition of Plasso. We also present BD’s effective tax rate for the first nine months of fiscal year 2007 after excluding the impact of the in-process R&D charges relating to our acquisition of TriPath and Plasso. These charges, which are not considered part of ordinary operations by management and are not tax deductible, caused our effective tax rate for such periods to be higher than it otherwise would have been. Management believes that these adjusted measures of our effective tax rate are more indicative of BD’s underlying results, and allow investors to better understand BD’s comparative effective tax rate for such periods.

  • Income from Continuing Operations. We present BD’s income from continuing operations, both alone and as a percentage of revenues, for the third quarter of fiscal year 2007 after excluding the impact of the in-process R&D charge relating to our acquisition of Plasso. We also present BD’s income from continuing operations, both alone and as a percentage of revenues, for the first nine months of fiscal year 2007 after excluding the impact of the in-process R&D charges relating to our acquisition of TriPath and Plasso. These charges affected reported income from continuing operations for the periods presented, but are not considered by management to be part of ordinary operations. Accordingly, management believes that these adjusted measures of income from continuing operations are more indicative of BD’s underlying performance, and allow investors to better understand BD’s comparative income from continuing operations for such periods.

  • Earnings Per Share. We present BD’s earnings per share from continuing operations for the third quarter of fiscal year 2007 after excluding the impact of the in-process R&D charge relating to our acquisition of Plasso. We also present earnings per share from continuing operations for the first nine months of fiscal year 2007 and for the full 2007 fiscal year after excluding the impact of the in-process R&D charges relating to our acquisition of TriPath and Plasso. These charges caused reported earnings per share for such periods to be lower than they otherwise would have been, although these charges are not considered by management to be part of ordinary operations. We believe that measures of earnings per share that are adjusted for the impact of these charges are more indicative of BD’s underlying performance and allow investors to more easily compare BD’s results for the periods presented to other periods.

BD’s management uses each of these non-GAAP measures in its own evaluation of BD’s performance, particularly when comparing performance to past periods. Management also uses the non-GAAP results for budget planning purposes on a quarterly and annual basis.

BD provides non-GAAP measures to investors on a supplemental basis, as they provide additional insight into BD’s financial results. Management believes the non-GAAP results provide a reasonable measure of BD’s underlying performance before the effects of items that are considered by management to be outside of BD’s underlying operational results or that affect period to period comparability.

Non-GAAP results should not be considered in isolation and are not in accordance with, or a substitute for, GAAP results. Our non-GAAP results may differ from similar measures used by other companies, even if similar terms are used to identify such measures. Although BD’s management believes non-GAAP results are useful in evaluating the performance of its business, its reliance on these measures is limited since items excluded from such measures may have a material impact on BD’s net income, earnings per share or cash flows calculated in accordance with GAAP. Therefore, management typically uses non-GAAP results in conjunction with GAAP results to address these limitations. Investors should also consider these limitations when evaluating BD’s results.

 



ITEM 9.01     FINANCIAL STATEMENTS AND EXHIBITS.
 
 Exhibits. — Exhibit 99.1 Press release dated July 24, 2008, which is furnished pursuant to Item 2.02.

 



SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  BECTON, DICKINSON AND COMPANY
(Registrant)
          
  By: /s/ Dean J. Paranicas
          Dean J. Paranicas
        Vice President, Corporate
        Secretary and Public Policy

Date: July 24, 2008

 



INDEX TO EXHIBITS

Exhibit
Number
Description of Exhibits
99.1 Press release dated July 24, 2008, which is furnished pursuant to Item 2.02.

 


EX-99.1 2 c54363_ex99-1.htm c54363_ex99-1.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

1 Becton Drive
Franklin Lakes, NJ 07417
www.bd.com

News Release

Contact:
Patricia A. Spinella, Investor Relations – 201-847-5453
Colleen T. White, Corporate Communications – 201-847-5369
 
   

 


BD ANNOUNCES RESULTS FOR THIRD FISCAL QUARTER

Franklin Lakes, NJ (July 24, 2008) – BD (Becton, Dickinson and Company) (NYSE: BDX) today reported record quarterly revenues of $1.868 billion for the third fiscal quarter ended June 30, 2008, representing an increase of 14.5 percent over the prior year period. This quarter’s revenue growth rate reflects the favorable impact on all segments from foreign currency translation, which overall is estimated to account for nearly 7 percentage points of the increase in quarterly revenues.

"We are pleased that all segments and regions, particularly Europe and Asia, contributed to solid revenue growth," said Edward J. Ludwig, Chairman, President and Chief Executive Officer. "We are also pleased with our operating results, which in part, have enabled us to raise our earnings guidance once again despite continued pressure from increasing raw material costs."

Analyses of Third Quarter and Nine-Month Periods of Fiscal Year 2008 and 2007 Earnings

Reported diluted earnings per share from continuing operations were $1.18 for the third quarter of fiscal 2008 and 95 cents for the third quarter of fiscal 2007. For the nine-month period ending June 30, 2008, reported diluted earnings per share from continuing operations were $3.34. For the nine-


month period ending June 30, 2007, reported diluted earnings per share from continuing operations were $2.38.

The following analysis (Table 1) of diluted earnings per share from continuing operations for the three-month and nine-month periods ended June 30, 2008 and 2007, identifies the specified items that affect comparability of results between periods. As illustrated, diluted earnings per share from continuing operations of $1.18 for the third fiscal quarter of 2008 increased by 20 percent over diluted earnings per share from continuing operations, excluding the specified item, of 98 cents for the third fiscal quarter of 2007. For the nine-month periods, diluted earnings per share from continuing operations of $3.34 for fiscal 2008 increased by 17 percent over comparable fiscal 2007 diluted earnings per share from continuing operations of $2.86, which exclude the specified items.

(Table 1) Three Months Ended June 30,   Nine Months Ended June 30,
   FY2008          FY2007          % Change           FY2008          FY2007          % Change
 
Diluted EPS from Continuing Operations: $  1.18   $ 0.95   24%   $  3.34   $ 2.38   40%
 
Specified Items:                              
 In-Process Research and Development Charge              -     0.03   (1)                  -     0.48   (2)  
 
Diluted EPS from Continuing Operations                              
Excluding Specified Items: $  1.18   $ 0.98   20%   $  3.34   $ 2.86   17%

 

            (1)     

Represents the effect on diluted earnings per share from continuing operations of the in-process research and development (“IPR&D”) charge recorded in the third quarter of fiscal 2007 related to the Plasso Technology acquisition.

 
  (2)

Represents the effect on diluted earnings per share from continuing operations of the IPR&D charges recorded in the third and first quarters of fiscal 2007 related to the Plasso and TriPath acquisitions, respectively.

 

Segment Results

In the BD Medical segment, worldwide revenues for the quarter were $1.016 billion, representing an increase of 15 percent from the prior year period. Pharmaceutical Systems and Diabetes Care products


led revenue growth in the segment. For the nine-month period ended June 30, 2008, the BD Medical segment reported 12 percent revenue growth.

In the BD Diagnostics segment, worldwide revenues for the quarter were $553 million, representing an increase of 13 percent from the prior year’s quarter. Sales of safety-engineered devices, TriPath products and infectious disease testing systems contributed to revenue growth. For the nine-month period ended June 30, 2008, the BD Diagnostics segment reported 14 percent revenue growth.

In the BD Biosciences segment, worldwide revenues for the quarter were $298 million, representing an increase of 16 percent from the prior year’s quarter. Demand for clinical and research instruments and reagents were the primary growth drivers. For the nine-month period ended June 30, 2008, the BD Biosciences segment reported 16 percent revenue growth.

Geographic Results

Third quarter revenues in the U.S. were $798 million, representing an increase of 4 percent over the prior year period. Revenues outside the U.S. were $1.069 billion, representing an increase of 24 percent over the prior year period, with approximately 13 percentage points of the increase resulting from the favorable impact of foreign currency translation.

For the nine-month period ended June 30, 2008, revenues in the U.S. were $2.372 billion, representing an increase of 6 percent over the prior year period. Revenues outside of the U.S. were $2.948 billion, representing an increase of 20 percent over the prior year period, with approximately 11 percentage points of the increase resulting from the favorable impact from foreign currency translation.


Fiscal 2008 Outlook for Full Year

The Company raised its guidance for full fiscal year 2008 diluted earnings per share from continuing operations to approximately 16 percent from approximately 13 to 14 percent over adjusted diluted earnings per share from continuing operations of $3.84 for the full fiscal year 2007. Reported diluted earnings per share from continuing operations for the full fiscal year 2007 were $3.36, which included 48 cents for in-process research and development charges related to the TriPath and Plasso acquisitions. Excluding these charges, adjusted diluted earnings per share from continuing operations for the full fiscal year 2007 were $3.84.

Conference Call Information

A conference call regarding BD’s third fiscal quarter results and its expectations for the full fiscal year will be broadcast live on BD’s website, www.bd.com/investors, at 10:00 a.m. (EDT) Thursday, July 24, 2008. The conference call will be available for replay on BD’s website, www.bd.com/investors, or at 800-642-1687 (domestic) and 706-645-9291 (international), Conference ID: 52522900, through the close of business on Thursday, July 31, 2008.

This news release contains certain non-GAAP financial measures. A reconciliation of these and other measures to the comparable GAAP measures is included in this release and in the attached financial tables.

About BD

BD is a leading global medical technology company that develops, manufactures and sells medical devices, instrument systems and reagents. The Company is dedicated to improving people's health throughout the world. BD is focused on improving drug delivery, enhancing the quality and speed of diagnosing infectious diseases and cancers, and advancing research, discovery and production of new drugs and vaccines. BD's capabilities are instrumental in combating many of the world's most pressing diseases. Founded in 1897 and headquartered in Franklin Lakes, New Jersey, BD employs approximately 28,000 people in approximately 50 countries throughout the world. The Company serves healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public. For more information, please visit www.bd.com.

***

This press release, including the section entitled “Fiscal 2008 Outlook for Full Year,” contains certain estimates and other forward-looking statements (as defined under Federal securities laws) regarding BD’s performance, including future revenues, earnings per share and income, or events or developments that BD expects to occur or anticipates occurring in the future. All such statements are based upon current expectations of BD and involve a number of business risks and uncertainties. Actual results could vary materially from anticipated results described, implied or projected in any forward-looking statement. With respect to forward-looking statements contained herein, factors that could cause actual results to vary materially from any forward-looking statement include, but are not


limited to: competitive factors; pricing and market share pressures; changes in interest or foreign currency exchange rates; difficulties inherent in product development and delays in product introductions; changes in regional, national or foreign economic conditions; further increases in energy costs and their effect on, among other things, the cost of producing BD’s products; fluctuations in costs and availability of raw materials and in BD’s ability to maintain favorable supplier arrangements and relationships; uncertainties of litigation (as described in BD’s filings with the Securities and Exchange Commission); the effects of potential pandemic diseases; changes in healthcare or other governmental regulation; and issuance of new or revised accounting standards, as well as other factors discussed in this press release and in BD’s filings with the Securities and Exchange Commission. We do not intend to update any forward-looking statements to reflect events or circumstances after the date hereof except as required by applicable laws or regulations.


BECTON DICKINSON AND COMPANY
CONSOLIDATED INCOME STATEMENTS
(Unaudited; Amounts in thousands, except per share data)

  Three Months Ended June 30,
    2008                 2007                % Change   
 
REVENUES $   1,867,587     $   1,631,159     14.5  
 
Cost of products sold   917,362       791,071     16.0  
Selling and administrative   440,588       412,164     6.9  
Research and development   100,071       92,993     7.6  
Acquired in-process research and development   -       7,394     NM  
TOTAL OPERATING COSTS                    
   AND EXPENSES   1,458,021       1,303,622     11.8  
 
OPERATING INCOME   409,566       327,537     25.0  
 
Interest income   10,956       11,938     (8.2 )
Interest expense   (9,017 )     (11,598 )   (22.3 )
Other income, net   (1,285 )     1,774     NM  
 
INCOME FROM CONTINUING OPERATIONS BEFORE                    
   INCOME TAXES   410,220       329,651     24.4  
 
Income tax provision   112,811       89,182     26.5  
 
INCOME FROM CONTINUING OPERATIONS   297,409       240,469     23.7  
 
(LOSS)/INCOME FROM DISCONTINUED OPERATIONS                    
 NET OF INCOME TAX (BENEFIT)/PROVISION OF                    
 $(197) AND $2,704, RESPECTIVELY   (320 )     4,340     NM  
 
NET INCOME $ 297,089     $ 244,809     21.4  
 
EARNINGS PER SHARE                    
 
Basic:                    
Income from continuing operations $ 1.22     $ 0.98     24.5  
Income from discontinued operations $
-
    $ 0.02     NM  
Net income $ 1.22     $ 1.00     22.0  
 
Diluted:                    
Income from continuing operations $ 1.18     $ 0.95     24.2  
Income from discontinued operations $
-
    $ 0.02     NM  
Net income (1) $ 1.18     $ 0.96     22.9  
 
 
AVERAGE SHARES OUTSTANDING                    
 
   Basic   244,273       244,918        
   Diluted   251,648       254,128        

NM - Not Meaningful

(1) Total per share amounts may not add due to rounding.

Page 1


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL INFORMATION
(Unaudited; Amounts in thousands, except per-share data)

    Three Months Ended June 30,
    2007  
    As       Plasso       Excluding  
    Reported               IPR&D (1)               Item  
 
Operating Income $ 327,537     $ 7,394     $ 334,931  
 as a % of revenues   20.1 %             20.5 %
 
Income Taxes   89,182      
-
      89,182  
effective tax rate   27.1 %             26.5 %
 
Income from continuing operations   240,469       7,394       247,863  
 as a % of revenues   14.7 %             15.2 %
 
Diluted earnings per share                      
Income from continuing operations $ 0.95     $ 0.03     $ 0.98  

(1) Represents the acquired in-process research and development charge of $7,394 related to the Plasso acquisition.

Page 2


BECTON DICKINSON AND COMPANY
CONSOLIDATED INCOME STATEMENTS
(Unaudited; Amounts in thousands, except per share data)

    Nine Months Ended June 30,  
    2008              2007             % Change   
 
REVENUES $   5,320,279     $   4,708,607     13.0  
 
Cost of products sold   2,601,016       2,264,544     14.9  
Selling and administrative   1,277,828       1,202,879     6.2  
Research and development   287,633       259,620     10.8  
Acquired in-process research and development   -       122,133     NM  
TOTAL OPERATING COSTS                    
   AND EXPENSES   4,166,477       3,849,176     8.2  
 
OPERATING INCOME   1,153,802       859,431     34.3  
 
Interest income   32,489       37,138     (12.5 )
Interest expense   (27,455 )     (36,152 )   (24.1 )
Other income, net   252       5,278     NM  
 
INCOME FROM CONTINUING OPERATIONS BEFORE                    
   INCOME TAXES   1,159,088       865,695     33.9  
 
Income tax provision   315,147       258,636     21.8  
 
INCOME FROM CONTINUING OPERATIONS   843,941       607,059     39.0  
 
INCOME FROM DISCONTINUED OPERATIONS                    
 NET OF INCOME TAX PROVISION OF                    
 $538 AND $14,066, RESPECTIVELY   880       23,162     NM  
 
NET INCOME $ 844,821     $ 630,221     34.1  
 
EARNINGS PER SHARE                    
 
Basic:                    
Income from continuing operations $ 3.45     $ 2.47     39.7  
Income from discontinued operations $
-
    $ 0.09     NM  
Net income (1) $ 3.46     $ 2.57     34.6  
 
Diluted:                    
Income from continuing operations $ 3.34     $ 2.38     40.3  
Income from discontinued operations $
-
    $ 0.09     NM  
Net income $ 3.34     $ 2.47     35.2  
 
AVERAGE SHARES OUTSTANDING                    
 
   Basic   244,478       245,296        
   Diluted   252,944       255,129        

NM - Not Meaningful

(1) Total per share amounts may not add due to rounding.

Page 3


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL INFORMATION
(Unaudited; Amounts in thousands, except per share data)

     
Nine Months Ended June 30, 2007
         
      As       TriPath       Plasso       Excluding  
      Reported             IPR&D (1)             IPR&D (1)                Items  
 
Operating Income   $ 859,431     $ 114,739     $ 7,394       981,564  
 as a % of revenues     18.3 %                     20.8 %
 
Income taxes     258,636            -            -       258,636  
 effective tax rate     29.9 %                     26.2 %
 
Income from continuing operations     607,059       114,739       7,394       729,192  
 as a % of revenues     12.9 %                     15.5 %
 
Diluted earnings per share                                
Income from continuing operations   $ 2.38     $ 0.45     $ 0.03     $ 2.86  

(1) Represents the acquired in-process research and development charges of $114,739 and $7,394 related to the TriPath and Plasso acquisitions, respectively

      Fiscal Year 2007
      As                       Excluding
      Reported     IPR&D (2)                 Items
 
Diluted earnings per share                    
Income from continuing operations   $          3.36   $ 0.48     $          3.84

(2) Represents the acquired in-process research and development charges related to the TriPath and Plasso acquisitions.

Page 4


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY SEGMENT AND GEOGRAPHIC AREA
(Unaudited; Amounts in thousands)

    Three Months Ended June 30,
    2008             2007            % Change
 
BD MEDICAL              
 United States $ 401,918   $ 385,546   4.2
 International   614,478     496,440   23.8
TOTAL $ 1,016,396   $ 881,986   15.2
 
BD DIAGNOSTICS              
 United States $ 280,118   $ 272,946   2.6
 International   273,304     218,579   25.0
TOTAL $ 553,422   $ 491,525   12.6
 
BD BIOSCIENCES              
 United States $ 116,239   $ 109,593   6.1
 International   181,530     148,055   22.6
TOTAL $ 297,769   $ 257,648   15.6
 
TOTAL REVENUES              
 United States $ 798,275   $ 768,085   3.9
 International   1,069,312     863,074   23.9
TOTAL $   1,867,587   $   1,631,159   14.5

Page 5


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY SEGMENT AND GEOGRAPHIC AREA
(Unaudited; Amounts in thousands)

    Nine Months Ended June 30,
    2008            2007           % Change
 
BD MEDICAL              
 United States $ 1,197,689   $ 1,146,143   4.5
 International   1,650,243     1,406,233   17.4
TOTAL $ 2,847,932   $ 2,552,376   11.6
 
BD DIAGNOSTICS              
 United States $ 840,695   $ 781,644   7.6
 International   766,050     625,512   22.5
TOTAL $ 1,606,745   $ 1,407,156   14.2
 
BD BIOSCIENCES              
 United States $ 333,891   $ 314,942   6.0
 International   531,711     434,133   22.5
TOTAL $ 865,602   $ 749,075   15.6
 
TOTAL REVENUES              
 United States $ 2,372,275   $ 2,242,729   5.8
 International   2,948,004     2,465,878   19.6
TOTAL $   5,320,279   $   4,708,607   13.0

Page 6


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Three Months Ended June 30,
(Unaudited; Amounts in thousands)

    United States  
    2008             2007            % Change  
 
BD MEDICAL                
 Medical Surgical Systems $ 243,960   $ 238,360   2.3  
 Diabetes Care   102,663     92,116   11.4  
 Pharmaceutical Systems   49,125     48,692   0.9  
 Ophthalmic Systems   6,170     6,378   (3.3 )
TOTAL $ 401,918   $ 385,546   4.2  
 
BD DIAGNOSTICS                
 Preanalytical Systems $ 144,416   $ 139,572   3.5  
 Diagnostic Systems   135,702     133,374   1.7  
TOTAL $ 280,118   $ 272,946   2.6  
 
BD BIOSCIENCES                
 Cell Analysis (1) $ 80,186   $ 71,686   11.9  
 Discovery Labware   36,053     37,907   (4.9 )
TOTAL $ 116,239   $ 109,593   6.1  
 
TOTAL UNITED STATES $    798,275   $    768,085   3.9  

(1) Cell Analysis consists of the Immunocytometry Systems and the Pharmingen units that were previously reported separately.

Page 7


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Three Months Ended June 30, (continued)
(Unaudited; Amounts in thousands)

    International
                  % Change    
    2008            2007          Reported          FX Neutral          FX Impact
 
BD MEDICAL                      
 Medical Surgical Systems $ 272,064   $ 233,835   16.3   6.1   10.2
 Diabetes Care   97,298     82,754   17.6   4.8   12.8
 Pharmaceutical Systems   230,346     168,057   37.1   19.6   17.5
 Ophthalmic Systems   14,770     11,794   25.2   12.6            12.6
TOTAL $ 614,478   $ 496,440   23.8   10.6            13.2
 
BD DIAGNOSTICS                      
 Preanalytical Systems $ 146,345   $ 121,761   20.2   7.5            12.7
 Diagnostic Systems   126,959     96,818   31.1   18.4            12.7
TOTAL $ 273,304   $ 218,579   25.0   12.3            12.7
 
BD BIOSCIENCES                      
 Cell Analysis (1) $ 141,889   $ 115,494   22.9   10.4            12.5
 Discovery Labware   39,641     32,561   21.7   8.7            13.0
TOTAL $ 181,530   $ 148,055   22.6   10.0            12.6
 
TOTAL INTERNATIONAL $   1,069,312   $     863,074          23.9   10.9            13.0

(1) Cell Analysis consists of the Immunocytometry Systems and the Pharmingen units that were previously reported separately.

Page 8


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Three Months Ended June 30, (continued)
(Unaudited; Amounts in thousands)

    Total
                  % Change    
    2008             2007             Reported             FX Neutral             FX Impact  
 
BD MEDICAL                      
 Medical Surgical Systems $ 516,024   $ 472,195   9.3   4.2   5.1
 Diabetes Care   199,961     174,870   14.3   8.3   6.0
 Pharmaceutical Systems   279,471     216,749   28.9   15.4   13.5
 Ophthalmic Systems   20,940     18,172   15.2   7.0   8.2
TOTAL $ 1,016,396   $ 881,986   15.2   7.8   7.4
 
BD DIAGNOSTICS                      
 Preanalytical Systems $ 290,761   $ 261,333   11.3   5.3   6.0
 Diagnostic Systems   262,661     230,192   14.1   8.7   5.4
TOTAL $ 553,422   $ 491,525   12.6   6.9   5.7
 
BD BIOSCIENCES                      
 Cell Analysis (1) $ 222,075   $ 187,180   18.6   10.9   7.7
 Discovery Labware   75,694     70,468   7.4   1.4   6.0
TOTAL $ 297,769   $ 257,648   15.6   8.3   7.3
 
TOTAL REVENUES $   1,867,587   $   1,631,159   14.5   7.6   6.9

(1) Cell Analysis consists of the Immunocytometry Systems and the Pharmingen units that were previously reported separately.

Page 9


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Nine Months Ended June 30,
(Unaudited; Amounts in thousands)

      United States  
      2008             2007             % Change    
 
BD MEDICAL                  
 Medical Surgical Systems   $ 729,152   $ 711,545   2.5  
 Diabetes Care     298,071     280,255   6.4  
 Pharmaceutical Systems     151,882     135,961   11.7  
 Ophthalmic Systems     18,584     18,382   1.1  
TOTAL   $ 1,197,689   $ 1,146,143   4.5  
 
BD DIAGNOSTICS                  
 Preanalytical Systems   $ 428,391   $ 403,211   6.2  
 Diagnostic Systems     412,304     378,433   9.0  
TOTAL   $ 840,695   $ 781,644   7.6  
 
BD BIOSCIENCES                  
 Cell Analysis (1)   $ 225,814   $ 205,237   10.0  
 Discovery Labware     108,077     109,705   (1.5 )
TOTAL   $ 333,891   $ 314,942   6.0  
 
TOTAL UNITED STATES   $    2,372,275   $    2,242,729   5.8  

(1) Cell Analysis consists of the Immunocytometry Systems and the Pharmingen units that were previously reported separately.

Page 10


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Nine Months Ended June 30, (continued)
(Unaudited; Amounts in thousands)

    International
                  % Change    
    2008             2007           Reported           FX Neutral           FX Impact
 
BD MEDICAL                      
 Medical Surgical Systems $ 766,401   $ 675,741   13.4   3.7   9.7
 Diabetes Care   278,736     234,491   18.9   7.1   11.8
 Pharmaceutical Systems   563,969     462,540   21.9   8.3   13.6
 Ophthalmic Systems   41,137     33,461   22.9   11.6   11.3
TOTAL $ 1,650,243   $ 1,406,233   17.4   6.0   11.4
 
BD DIAGNOSTICS                      
 Preanalytical Systems $ 408,031   $ 342,941   19.0   7.5   11.5
 Diagnostic Systems   358,019     282,571    26.7   15.8   10.9
TOTAL $ 766,050   $ 625,512   22.5   11.3   11.2
 
BD BIOSCIENCES                      
 Cell Analysis (1) $ 421,095   $ 339,146   24.2   13.0   11.2
 Discovery Labware   110,616     94,987   16.5   5.4   11.1
TOTAL $ 531,711   $ 434,133   22.5   11.4   11.1
 
TOTAL INTERNATIONAL $    2,948,004   $    2,465,878          19.6   8.3   11.3

(1) Cell Analysis consists of the Immunocytometry Systems and the Pharmingen units that were previously reported separately.

Page 11


BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Nine Months Ended June 30, (continued)
(Unaudited; Amounts in thousands)

    Total
                  % Change    
    2008             2007            Reported            FX Neutral   FX Impact
 
BD MEDICAL                      
 Medical Surgical Systems $ 1,495,553   $ 1,387,286   7.8   3.1   4.7
 Diabetes Care   576,807     514,746   12.1   6.7   5.4
 Pharmaceutical Systems   715,851     598,501   19.6   9.0   10.6
 Ophthalmic Systems   59,721     51,843   15.2   7.9   7.3
TOTAL $ 2,847,932   $ 2,552,376   11.6   5.3           6.3
 
BD DIAGNOSTICS                      
 Preanalytical Systems $ 836,422   $ 746,152   12.1   6.8   5.3
 Diagnostic Systems   770,323     661,004   16.5   11.9   4.6
TOTAL $ 1,606,745   $ 1,407,156   14.2   9.2   5.0
 
BD BIOSCIENCES                      
 Cell Analysis (1) $ 646,909   $ 544,383   18.8   11.9   6.9
 Discovery Labware   218,693     204,692   6.8   1.7   5.1
TOTAL $ 865,602   $ 749,075   15.6   9.1   6.5
 
TOTAL REVENUES $    5,320,279   $    4,708,607   13.0   7.1   5.9

(1) Cell Analysis consists of the Immunocytometry Systems and the Pharmingen units that were previously reported separately.

Page 12


GRAPHIC 3 c54363_ex99-1x1x1.jpg GRAPHIC begin 644 c54363_ex99-1x1x1.jpg M_]C_X``02D9)1@`!`0```0`!``#_VP!#``$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0'_ MVP!#`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0'_P``1"`!Z`-(#`2(``A$!`Q$!_\0` M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4% M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D* M%A<8&1HE)B7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#^_BBHY.WX M_P!*CH`L457KYY^)G[6?[-7P=N9+'XD?&SX>^&=4@)$VB3:_;:AK\#`E2)M` MT9XW#8##1D]5%U M\55I4DVKNSELFSV,DX>S_B;&QRWAO(\XX@S&:YH8#),LQN:XV4;VYHX7`4,1 M7DKM*ZIM7=CZ.HKX3?\`X*2_L4Q:=HVKS_&ZUM=)\0WNLZ?H^IW?@7XG6>GW MMWX>;3UUF);RZ\%16\2V1U6P#RW$D4,@GW022B*8Q_1/PT^/7P6^,D)F^%GQ M2\"^/"J&66T\.>)-,O\`4[:-0"7N])CN!JEHHX)-U:0C'T->/E?'/!6=XJ.! MR7C#A;-\;*%.<<)E?$&4X_%2A5I0KTIQP^$Q=:JX5:-2%6G)0M.E*-2'-"2D M_H,[\,?$KAG`RS/B3P\XXX?RV%2M1GF.=\)Y_E6!C5P]:>'KTI8O'Y?A\/&I M0Q%*K0K0=3FIUJB@"Q15>B@"Q15>B@"Q15>B M@"Q15>B@"Q15>B@"Q15>B@"Q15>B@"Q15>GIU/T_J*`):***`(Y.WX_TKS;X MK_%?P%\$O`6O_$KXE:_:^'/"7ARU^T7U]<9>:>9SY=IINFV<>;C4M6U&X*6N MG:=:))&I?&_[* M_@74KCP=<0^'+S^S?&4'BVPN)['7/B[X'UR)FB?6]"O)+S2-'T;4X[[PYKWA MZVNHKRP6?5XKVU_)/&/Q3RWPLX9IX^OB,#2SG.L4\HX!CQ!QC6R981YN\GI8BG3_LO(O[1JT,OJ<19Q)SP^44,97IT6Z>)Q4U4IX2I M2GSWQE_X*M_$3XS?%;P[86T-_P##W]FR/Q';:;XI\&:3>&T\7^,O`^IR2:3X MANO$_BBR;[78W[:)>WE]INE>'KBUL=*OX;-[BYUJ>VCNC\#_`+37P!U_]FWX MP^)?AMK,SZMIRO'X@\&>+,`P>-?`^ME[KP]XG@F1FBGGNK8&VU9(Y)5MM8M; MZWWM'%&Q^E/CG_P3L^(?@[P99?&?X#:U#^T=^S[X@TTZWI/B[PA9._BS2-(E M21I/^$H\(P+-=O\`V=LEM=3O=%2Y%C/;7*ZSI.@RQ/;I]\Q_"9/^"A/_``38 M^'/B;0HDU#]H/]G33M8\':5<%5:\X5LNS[)< M/[+#Y_D_#=?!RGE.-P&+P=7+/Q=1?["Y1QUX,^">$ M\..(?"K^Q,O\'\WSI>%?B12P=.MALUX5XEQ2K8OA+B+C3#9C"CGV79KEV8X; M/,FXGEQ)3H9A]4SC"8FNJE/*,OHGYY?&GX7-KGQ"^/[ MW4X3#R0Z]K-B-,$C(3?Z;\-? MV9_#-QXUU+4+*XN]+G\3?$%X_+^''P]L-1LY+>X1];\1RZ;)/MFNW$ZHMA#97,TVTPX'EO\`P4$\&:/^S!^RO^SW^PY\ M*;>]U[Q1\0?$C>+_`!F-&T^YO/$'CG4M!2W-U?MIEC%+>W9[G$?A-4R'-JW'V9X6<,AX*\*?#C,*5*=*7_``M<=8CA MK*\@X?RB-.UZT?[/'C-D]>K3K1<^'/"_"<:YWQ?Q=Q'5J\S6&E_JKF-?*,@K5)4H/,:TL M90J364U:$N;_`&+_`/@KIXU\)ZOI?P__`&JM2E\9>#+^>.UM/BJMK&/%7A*2 M>3"2^*;>RB1/$OAU&8>=J$,">(--@W7$G]M11B"'^DK2]4TW6]-T_6='O[/5 M=)U6RMM1TS4]/N(KNPU#3[V%+FSO;.Z@9X+FUN;>2.:">)WCEB=71F5@3_)5 MHW[!%E\$OAH/CY^V]KUY\.?"A(3PC\$?#%W92?%WXDZW)!]HL?#LMTQN=.\( M17(`?5'1-2U/2=/6YGU/^P98D+_>W_!*C]M^3Q=XXU[]FOQ-I&A^$?#5[;WN MN_`3P[HIN#IOA+3-*A,^K?#:WO=0EN=5U<)IR2>)+/5=7O+C4[Z_B\237,H% MW9VEM^U_1_\`%KC7AC'\/^'/C+CI0QO$ZI+@Z&`/AMQME'%?C!]'7+*,\!P2 MZ\_$67#>&I4>`VOS@_P""G_\`P4D^'W_!+KX!^%_C]\2?AQXW^)VA^*?BMH'PHMM! M\!7>@66L6NJ:_P"&_%WB6#5;B7Q'?6%BVGP6_A"ZM98XYFNFN+RV,<31K*R_ MH_\`Y_S^5?EW_P`%:/\`@FEI_P#P5/\`V<_"/[/FI?&'4?@G!X5^,'AWXLKX MJTWP7:>.I[Z7P_X5\:^&%T%](O/$7AF*"*[7QB]XU^M]*\1T]8!:NMRTD7^B M'"4>'I\29-'BNR:N?Y7XG MVWL*OU>SK\O[M/EMS77\[4=K[M(_$+_B,._90_Z-!_:3_P#!_P#"OOSW\39! MP1QV[<8-'_$8?^RA_P!&@_M)_P#@_P#A5_\`--WK^,;_`(*!_LI6O[#W[8WQ MS_93LO'%U\2;3X-^(=%T.#QQ>Z##X7NO$*:OX1\/^*3=6)7^SLY M\+?`+A_AW`<5YMA\PPN0YFL`\%CECN(Z[K1S/#2Q>";PU#VN+A[;#PE4_>T8 M.FUR5>2;47\M1S#.:U:6'IRA*M#GYHN%&-O9M1G[SM!V;6TG?=76I^Z?P^_X M.[_V!_$&J0V/Q"^!?[4/PVL)I!&^N1^'_`/CBQL@3@S7UIX?\K#--I\MW;H9J_@-_X*9?\ M&T?QU_8-^!?BS]I?X7_'#0_VD?A7\.+2#5?B7I,_@>Y^'/Q%\(^''N([6Z\6 MV6E1>(_%VB>*=!T62:";Q`+74M*U?3=.>;58=+O[*SOGM?QR_P"">/[:OQ,_ M8!_:T^%'[1?PWUK4;*ST?Q+HVB?%+PS;74L6D_$;X2ZMJMI;^-/!_B"R!:VO MXI-*>?5-!GGCDFT/Q+8Z7K-B\%Q;9?YK%^"'AIQUPSC,]\*\ZQ;Q>%5>%&A5 MKXBO@J^+H4H5O[/Q>&S'#T=14X*K"HZ%:FTX[PS;'X2O&CF- M*/++E;:48RC&3MSITY2A-+6Z2OI:]UK_`*R_[7_[2?AW]CS]F/XU_M/>+?#F MM^+O#?P2\"ZGX[UGPSX;FL+?7=:L=,:%9+'2YM4GM]/CNY3,/+>[GBA^5MS# M@5_,?_Q&'?LH?]&@_M)_^#[X5_S_`.$FP?\`/J*_I4_;+_9TTW]MO]D+XW?L MV+XVE\#Z3\?_`(:7W@^+QW8Z+%XDET*RUY+6YAUBWT.?4M'BU3$*(R6LFIV2 MR+)DSICG_,G_`."R'_!+;3/^"4GQN^$OP?TSXUZG\<8OB=\*;WXE2Z_J?@6R M\!3:-+:>+M3\,?V/%IUEXF\3I>QNNGK>?;GN[:0-*T'V=@GF-^?^!G"?AEQD ML5DG%E/%5^*ZN-Q%3+,'2KYMAHSRO"X&C6K3=;"*."C*%98EM5Z\:TE%1C%^ MZGVYOB6MAG!8=1BJDFJ?V0OVD MP,C)_M[X5DX[X'_"3_M$6FJ?'_5?@5_PHFW^&4UO)I?PZL/'_P#PDS?$-_&JR).M]XL\+?V6 M-)7P@"CQ&]-V=0(98/LZM)^LWQJ_X,\_C1H6@WFI?L^_ME^`?B-KUM;3SP>% MOBM\,-8^&46I2QHSI9VWBGPQXH^(<-M/>'XK5)&47%Q%$7F7]'X@X M)^C7D>-JX+&Y8E.A7I3YISE M"'/RU'&4917#0Q>>UJ4<12A3JTI7M[M'7EDX2]V,HU-&GHE=]-#^PG]E'_@H M9^Q;^V_ILM]^R]^T1\//BI?6EJMYJGA+3]3ET;X@:)`54O+K7P]\2V^C>--, M@B9O*>[NM#2Q,H*Q7,@P3]FU_C0?&7X'_M6_\$]?VAU\&?$_0/B#^SG^T'\- M;ZVUWP[K>BZS^%[T6FN^'[Z:WE%GKWAS5KK3[DQ3V% MX5N(KVQB_O2_X-^/^"Y&K_MWV,W[)?[56I::O[6'@CPY/K?@WQY;P6>DVG[0 M/@?18T&L7ESI5HD%C8?$_P`(P&.[\3V>D00Z;XCT1I/$^FV%@VFZ_;V_YQXE M>`U3AC)GQ=P=FSXEX7C1ABJ_,Z%;'83!5%'V>/IXG"6PF9X!*2E6Q-"G0G0A M*-:5&>'A7Q%+NP&<+$55AL53]AB+N*W4)36\'&7O4Y[VC)M-JUU)I/\`J-HH MHK^=#W`HHHH`*>G4_3^HIE/3J?I_44`2T444`?+/[;7QX\*_LR?LI?'3XX^- M/%4/@?P_X$\`ZI/-XPN--UK6(/#>I:Y+;>%_#^KS:7X\O_AU\ M5M2N]2TZ:X.XV_B?0M:\)Z9XB\,ZF[D^;8>)-,TR^60EGAP^^OV)_P"#BRRO M[[_@C3^VE%IRNTT&C?!K4;@1YR-+TC]HWX/:KK3-@$B)-'L[YYFQA85#O$UD\;;@L6LZ M#=V-Z8&9?WEK++);3*-D\$H+*WT\?H2^'?TJ.$HY]Q9GG$659[PSG.9Y/D\< MNQE*.5+"U\#DV.JSQ.#=!U8XC$5ZJISQD*TDJ.'IQ6&J.F^;]H\(OI6^)OT< M)YS@>`:'#53"<33R_&YPLZR=8_$8BIERQ=#!PCB88G#5Z>'P\,3B9PH1FHNI MB*L^92EI_IT_L*?`/_@H1^QQXP.@ZY\/=$\;_`KQ5J43^+?#&C?$KPI<7OAN M^G:.%_&W@^WUC4-*"ZA#$J'6]'!M[?Q#8PA2L.J6UE+= M<\'^%M(\-:CX[U&TUCQ=)HMJNG6^NZS9VS6<>LWMA;>78?VO-;%8;[4HK:.] MU)8;?#^V$%O+XCF:R^& M_P`;+.RC'EF2/Q1H>GR>#/%R^(/"5GJ5_(@%SXHB9Y)J_KB_8L_X+R_ M\$W/VVVTCP]X2^-=I\(/BIJ@BB7X1?'U+/X:^*Y]0=4#6/A_6-0O[CP-XRF> M8M%:V_A7Q5JFI7"JKR:;;,_E+Y67?1,XH\"\5\-Y37KXG)'JJE6JQGXOBAX^YM MXT\18SBC-\LX9X8SS.L%A\%Q-_JEAE6#7][9^%-!U?7KNVT[P]:ZC MJ%_=&[,5WIEGT/PYHU_P"(O$.LZ3H7A_2K.34-3UW6 M=1L]+T;3K")=\M[?ZG?3065G9QI\\ES<3QPHOS,X'-?S[?MI_P#!S'_P3F_9 M8;5_#'PP\2ZM^UY\4-/,]L/#OP/DM)?`%EJ,+F,P:]\8]5"^#E@5A^]E\&KX MYNXC\CZ>'RJUE7!&=\;UX8#(LBQ>]42N(K M6&SM+7X9^(W@+0/^"97Q"^'OQ<_:2_:V_9<^$GBKP)XL\.^+--^&\7C?Q7XT M^+/B*VL;^WFN]/TGX;>"_!6K^)+JTU?36N=.DOKZUL-#$-VXN]3@A+N/P\_; M2_X.4/\`@I!^U;_:GAKP+XTTG]D?X8ZB9;:/PM\"YKNU\=WUF_F*(-;^,.K# M_A+GN7A!K:=:MK6JZC=;B;O4M6U":YU#4+N6=P7N+NXGGDD8%W8DFNKA+]E3P-F7$<.-? M$KC#C2MGE7,J.<5_JG$6%Q>;3Q].M3KPJU\TI93AL#A9T*E."ITL%A\;AX4J M=.E0E2IPA&/]4U_VB7C!@^$H&/#_"=#)ZO#U#*,MX2QD9DZL<10JU5B*E>3KXBI5JUL3*K6JU*DO]O#3K^TU73['5-/G2YL M=2L[:_LKB,YCN+2\@2YMIT/=)894D4]U8&KE>5?`FQU#3/@A\&]-U99%U73_ M`(5?#RQU-9<^:NH6GA'2(+Q9-WS>8+F.0/GG=G/->JUXU>G&E7K4HRYXTZM2 MG&:M[T83E&,M-/>23NM'?30_DY.Z3>ETG;U1_D_?\%]/^4P'[;QY/_%>^"_I MC_A4OP^'."#CIP".F<@#G^L+_@V7_:H_9B^#_P#P2]T'P=\6OVC/@3\+_%T? MQY^-^I2>%OB'\7/`'@OQ''IVH^(+*;3[^31/$?B#3=26SOH@9+2Z-J+>Y0,T M#NJG'\GO_!?3_E,!^V[C_H??!GI_T23X?^H.?3'3G.&P`?*/V6O^"/'_``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`*MCQ%7\P?1P;?BME+DVY/+\ M[]];WO>^M]]3W\]_Y%M2UOXE#;;^+#;R/HW_@S;_Y#7_!07_KQ M_9L_]&_&BO[EJ_AI_P"#-K_D-?\`!07_`*\?V;/_`$;\:*_N6KSOI!_\G;XI M_P`&1?\`K.Y2:9)_R+*0QIJ& MG:/J,4FOZ'<]!+IWB/PW)JV@:G!(&AN-/U.YAD1T8@_Z_P!^V9=Z38?L@?M5 MWNO/"FAVO[-WQQN-8:X*B`:9%\,?%#WWFEOE\LVPD#`Y!!(P5X+,:=&A1K7J0 M6$SK"5ECL#!2TC0E.A4K2I+3VF,K2M^]D>+Q!!4\5AZU/W:DZ;;:T?-2E'DF M[/5I-*_:"5[:'^WSX6\1Z7XQ\,^'/%VAS?:=%\4Z%I'B/1[@@`SZ7KFGV^IZ M?,0"P'FVEU"^`2!NX)'-;M?,_P"Q9!J%M^QS^R;;:L)!JMO^S/\``B'4Q*&$ MHU"+X6^%8[P2!OF$@N%D#[N=V<\U],5_$..H1PN-QF&A+GAAL5B*$)WOS1HU M9TXRNM'S**=UO<^M@^:$)/>48M_-)A1117*4%/3J?I_44RGIU/T_J*`):*** M`/FC]LOX`:?^U3^RE^T/^SEJ/D+'\9O@_P"/?`%E<7)VP6&N:]X?O;;PYJDC M;6PNDZ^=,U/.TX-H#BO\:+Q1X<\3>"->\2^#_$^EW&A^,_!>MZUX6\2:+?1R M0W6D^*O#&HW.DZSI=Y$ZAXY;'5["YM9E*Y)A;"[2#7^WA)V_'^E?P%?\'/'_ M``21\1?#OXF>(/\`@I%\!/"USJ?PK^(UQ9R_M0Z#HEJT\OPZ^(CB'3K7XN2V MEO&9(_!WCU$M+7QCJ&UH=$\:QIJ^HS+;^+9)++^I/HR<=X3),[S'A',Z\*&' MXBJ8?$955K34:,:5"ZJ))MNE)I\UEJU3:;>UE*3;23:^Z/VL?^",_[#?[>_P#P3,TG]N[] MCWX.6?P\_:6\0_LO:!\:_"5G\&+H>&/!OQ+\8Z=X0TW6?%/@KQ5\-K6WN/"= MQX@N;K3?$7AJ.X\,Z;XG:+HF@Z?8SWNK:OK>K7D&GZ7I%AID<3W-UJE[J%Q#96=E'$;B6\EC@6+S MB%;^O[_@VI_X+,^"?V>(E_X)_P#[57C"T\)_"[Q-XGNM8_9R^*/B.^2T\,^! M?%GBB]:XU_X5^+M3NW2VT#PSXJUN>37?"&NW)]1UG2-5E@M];TNXM M?UA_;`_X-[=-A_;4^%W_``48_P""?][X"\->/O!7QQ\$?'OQ[^S%X_>?1OA) M\2=?\.>*[+Q7KM_\//%FD:=JS_#C6?%S03SS:/>Z)J?@]M>O&UBPNO#$7FV\ MOZ1D/'.8^$W$/$?!/'>+Q^(RVO5Q.9(Q%;!UL(X2^K957Q]3VLL+A[ M_5J+G*^'RS%0Q/MO9X:M2JGGU\'#,J-#%X2,%448T\92II*<97BI5(P27,TN M:5DXRJ14&KR31_-)^TO_`,$;O^"WGPR_8LL?&_QMU3QAXZ_9X^%>@77C?5OV M>K3]HGQ'\1=4^$7AP6\5[JFMWGPIFNYO"DT.@V:"[URQ\(:CXDNO#EE:WEW' M:)9V5]-!^&7P>^%?C+XZ?%3X9_!;X:Z3/KOCOXL>-_#'@#P=I5E&9FN=9\3Z MI;:;:R8C!5;*QCGDU'4)_P#4V>G6EW>S,L%N[C_8Q_:+D^+/B+]FOXD:;\)_ MAI8^)/BYXY^'6M^%_#'@;QKXFT7P]X>TGQ%XOT.YT=9O'7B.V?7+-/#GAN6^ M>\U__A'+;Q%?:I:V;V>B6=[+>0RI^''_``2@_P""&7[/G_!(G0M:_:Q_:=^* MO@OX@?'SPOX/U275_BIJWD^$O@S\`O"CV+1>)G\$2>))+>Y-]?V/FV6M?$+Q M'_9NH3Z5++H^CZ+X>LKS4X-5\/A+Z1;H\+<18GB#`Y/#/UCW2X8R;(,+.G/- M<7BZ:T+-0LN9QBSX=_X*P_\$U?^"=W_!)W_@D3\9V^%WPC MT76/C]\7Y/AO\$/#_P`:_B1.OC?XJZGXC\1>+-'UWQ1=^&]4UH/;>";:/P?X M7\6WDEKX#TOP]!'9H+>]\Z-Y)6_D0_X)O?LP:S^V3^W3^S%^SOI=A<7NG^-? MBIXZCK]" M/^"]G_!6BU_X*8?M$:'X;^$=SJ,7[*?P!FUC2?A3]JM;JQN_B9XPU=HK/Q+\ M6+[29D2\MK;5(+:VT#P'I=Y#%J5KX>CGU"XMK+4?$U_IUI_4#_P;5_\`!(_7 MOV.?A7J_[87[0_AB?0OVCOCYX;MM*\&>#-9M#%K'P@^"MS/::O;V6K6\P\W3 M/'/Q$OK:PUOQ+8,B7>@Z'IWA[0;HP:DWB"R3Z2AG^=>%7@_C2]Y7LVOZFE5454151%4* MJJ`JJJC"JJC`"@``````8'%+117\%GV)_D_?\%]/^4P'[;W_`&/O@S_U4GP_ MK^SS_@U2_P"43/AW_LX7X]_^I+95_&'_`,%\_P#E,!^V]_V/O@SMG_FDGP__ M`$]:]Q_X)T?\'!7[2'_!-C]FVR_9D^%OP*^"/Q"\+6'C?QGXZC\1>/\`4/'= MOX@>_P#&M_%J%[9/%XP]'$9@LNX,QSIU\31PE-8;#\/NG5G[6O*,.93Q%-*%U*5VU>S/B<)B:. M$S;%5J[DH.>*@FHN5I2K1:T6MK1>J77[_P#3?^(G@WP7\1/`7C/P%\1]'TCQ M!X`\8^&-<\-^--$UZ*";1M4\,:QIUQ8ZW9ZFES^X^QS:?/<+/)(56),R[D*! MA_BH>--+T+3?%WC70_#EV-4\*Z;XM\5Z-X6K]Z?VSO^#E+_@HE^V%\,O$GP:M1\+?V=/AYXUTB\\/^-8? M@II/B6/QKXH\/ZC"]OJOA^Y\=>+/$6N:CH^E:M:O+9:FOA:RT#4+W3YKC3Y] M1-GSTK3=,M&>33--E<:EXDU%;71-#L[V\O(T5>"?`&<>%& M3\49IQEF67X##XWZEB9X>&,]MA,MH993Q;K8W%8BT<.JU98F--0H.K^[HP4J MDZDX4J;S;&4LQJX>&&ISE*'-%2<;2FZCARQC&_-9--ZI:N^RN_\`49_X(U?$ M+Q3\4O\`@EE^PIXV\:74]_XDU#]GCP1IE_?W3,]S?P^%K>;PIIE[<2R$R3S7 M>E:)97$MQ(S27#R-/([O(S'^0W_@\%_Y/5_91_[- M$OV(_\_P"17X+X'8S"YAXY M5,PP5/V."QU7BS&82CR\KI87$TL97P]-Q6D73HSA%I*RM9);'L9O"5/)U";O M*"PL)/O*,Z:;^;3/HW_@S:_Y#7_!07_KQ_9L_P#1OQHK^Y:O\F;_`();?\%> M?C/_`,$I;KXUW?P?^%7PP^)TGQP@\!PZ^OQ*O/%=HFBCX?MXJ;3FT@^%]1T] MI#?_`/"6WHO1>F4+]EM#`8R9]_Z"_&C_`(.O?^"EOQ)T"[T'X=^&/V=_V?Y+ MVWEMG\3^"_!?B'QEXNM1*C(\VFW7Q&\3Z]X:M;E5.8)I?"=VUNX\Q-SJK+]Q MXJ>"''?&OB-G.>930RREE&8_V3&CC<;F5*BH?5K5O4_HW_`.#F M3_@HKX)_9G_8K\6_LH>%O$EE=?M#?M9:')X+B\.:?>))JO@WX,7MRL7Q#\;Z M[!!+YVG6>OZ7!=>!/#27:1G6=0UK4KFQ$\/A[4_)_@`_8D_9=\5_MH?M9?`3 M]F'P997%S>_%;XAZ'H^N75M#).GA[P#I\ZZQ\1/%5YY2/Y-AX;\%6&M:E+,Z M>698;>W4M+/%%*G@CX>_M??\%$_V@-2MO!>A?%W]JW]H;XBZHE_XGUII-2\7 MZ]<2RE81J_C7Q9J4JZ1X2\.Z=`$C%_XAU'1?#FB:?$MK:_9;>&"!?]%K_@AQ M_P`$3?#G_!,?P-JGQ4^+=[H7CS]L3XHZ%;Z7XP\0Z/OO/"_PG\(230Z@WPO^ M'U[DV[ZE]A6QO#OT=?#O$Y+2 MS/#YGQGFD:^*IT:24:]?-<51IX>EC)X;FG5PN3993I4Y4I8AP^MRI5(T[5L3 M4A2YHQKYWCHU73E#"4[1;=[1A%J7*I:*56I=WY;\J>ND4W^^.CZ1I^@:1I6A M:1;1V6E:+IMCI&F6<0Q%::?IMK%9V5M&.T<%M#%$@[*@K2HHK^"W*4FY2;G4_3^HH`EHHHH`CD[?C M_2LC6M%T?Q'H^J^'O$.DZ9KV@:[IU[H^MZ'K-C:ZII&L:1J5M)9ZCI>J:9>Q M3V6H:=J%G--:WME=PS6UU;2R03Q212.AUY.WX_TJ.FFTU*+<91:<91=I1DFF MFFM4TTFFNJ0'\1?_``4\_P"#4Y]=UGQ'\8?^":FKZ!H\6JRW6IZQ^RG\0-6. ME^'[>XG=I)H/@[X_OC<6^C6,S2-]F\$>.7CT6P"&+3?&&F:=]FTBW_(GX3_\ M%"?^"[/_``1XALOA-X^\*?%[3?AIX:"V6C_#;]J+X5^(_B+\-=.TZRD:&.T\ M!_$VQN(+VP\/#F.SL?"/Q*D\,PQ'_0]/C?!3_3JJ.:&*XB>&>*.>&52DL,R+ M)%(C<%'C<,CJ1P58$'N*_=\G\>,W_LFED''/#^3^(63T5%45G<53S.GR1Y(/ M^T70Q4*E2$-(XFKA)X]N_-C'=H\>KD]+VGML'6JX&H]_8MNF[[KV:E&R_NJ2 MAM:*U3_SR-0_X.^_V[[_`$E]-T7]FG]E73?$4D/DKJYA^+FLPQW!`7SH?#H\ M;6;EPYRD$VK3HK%0XD7Y6^-/&]Y_P7G_`."Y>MZ;HVN^"OC=\0/AB^J07&GZ M##X1;X`?LK^&[J(F6UU74KO6H_#_`(9\1WFGQLT]GJ&MZGXX\41(2=+#R.L9 M_P!,ZS^&/PVT^_&JZ?\`#WP/8ZHK^:-2L_">@VU^),Y\P7D-@EP'SSO$F[/. M:[@``8`P!P`.@'I7?AO&CA'AZ?US@OPCX?R?.(INAF>8YA6S>>%J-6Y\/!X3 M"XFDUWH8[#N2TDFFTXEE6)K+EQ>95ZM*^M.$(TN9*WQ>]*+VZPEO=6/Y:9H.E>'+4Z?HM MK9R06$0TW1K)9(XY&#SB68D-*PKP+_B%1_X)-?\`0`_:'_\`#]>(C[9YT\CO M7](]%?=87Q.\0\%AL-@\)QGQ%AL+@Z%'"X7#T^)?Q#2&19!I'C_XW_$2_P!%D*-N5;BRT#5O#;7$6<;X9IWB ME4;94D4E3^T_P)_9S^`W[,/@>U^&W[//PA^'WP;\#VK)*/#OP^\,:7X;L[NZ M1/+_`+0U5["WBNM:U1X_EFU;6+B^U*<`>==28KVBBO(SKC#BOB.$:6?<1YUF M]&$E*%#,,RQ>)P\9K:<:%6K*C&:U]]4^=_S&E+#8>AK1H4J3M:\*<8RMV
Y=2E3K0=.K"-2#: M;C-*46T[JZ>FCU/YN1_P:I?\$F_^@!^T.1G)!^/7B'!_\I^1Z<$&O9OAK_P; M6_\`!('X.>*73DK2C'.L?2;6UN:E7A*S6C5[/J< MZR_`Q::PF'5K6_=0Z;;H\I^#_P`"O@M^S[X4A\#?`OX3_#OX0>#X/**^'/AO MX/T'P=I,LL*>6ES=VF@V-C'>WA0D27MX)[N4LS2SNS,Q]6HHKXFM7K8FK4KX MFM5Q%>K)SJUJU2=6K5F_BG4J5)2G.3ZRE)M]6=:2BE&*48I6222279):)>@4 M445D,****`"GIU/T_J*93TZGZ?U%`$M%%%`$ZV]?R[^0'A/PG^,EQ\2I_CG#/H,&C_\ M*>^+_BGX7V[1ZBUX=>@\.^&O"_B!-9F#VEN-/DNV\0O;M9H;M84M5E%PYD*) MY_X#_:^^&>H?`CX1_&CXK:[X?^%LGQ8T`:QIGAR[U2?5KHS1"634(-+BMK!- M5U:VTRWC2YU&_ATI+>PAE26]:WC=&;Q7P%^Q;\/?%_B[]I_QC\;?@[IFL:_X MM^/GC+6_`>KZO>3F?4_`]QX1\'0:+=VJZ3J\<<%I)K,&MK''>Q07@E25I8Q$ M86/S]X&_9]^-_P`,-(_97\:ZKX:^,MO#X/\`V:KGX,^-]"^"6K_#U_B3X$\2 M+XR'BFUO7TSQ@M]HVO>&]?MQ%INM?\([?#4[.ZTG2)[A;JP\Q$_GRMQ=XHY; M'+\1B,CCB,+4PO$D)UH8;'9G4CR<:9%@,NS/.LJHY5D57!SP628C%SPF"P6< M5J>.PM3$YEB\3"AE]2N_ZSPO`'@?G4LWP>&XG>%QU'&\&5J>&JXW+,DISY_# MCBC-LYR7AS/<3GW$]+,J>8\2X/+Z>.S+,>'$=4^$OC?X'_`!-^+]YXXMKE[Y19^"M2\#1Z?J&EZO9Z M@VE/H,NE^)-2O+Z1K.ZE?R+=X+F%8Y(Y>O\`!/[2WP$^(WBBV\%^!_BMX.\3 M^)K[3Y=5TS3-*U1)WUBQMH(KJ\ET6YV+9:U)IUO-'+JMMI5S>76EIO.HP6OE MR!/A2[^!NK^`O#_A'4O#W@[QYH'P]\)?L@_M>6&J_P#"PM7\+ZIXM\,^(?B1 MKN@>,[/0]?D\,W%8_!T^@:5\+=3TBRTSP!:-I)TFW_`+037/-O(XFDTP?'G&U#.HY?BLK4ZV8XC*

FW'@S6M5OO#/B.W\+^)7T.\7P@NK6<&OZU=:<+O2++5[*"P MDNUUN:ZM[*">VCCD/:77[0WP1L_AOI_Q>N/B=X27X;ZM=Q:;I7BM-266QU/5 MI;N:Q31-/@A62_O->^VVUU:-H5O:2ZO'<6MS!)9+);SK'\6?`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`NXM:O_``]=W^A-XJF6 M2WU#Q19:9J6I1:7K%_<6,FH7L\,D\G@/Q*\!?M0_$?Q1/IWBGPM\9=6UKP]^ MU+X(\8:.FD:M\,]&_9WT[X->%_BIHVK>']WU53 MK<.J_P!IW4TMO96EK97?;B_$3B*'">3YSE^35,TS/&9SQ!@J]#!$/!]3CWB#A MS-.)*629)E_#G!^98;$YEQ;P]A\PPN/XNX;R7.G..)66U%/+D_;OG_`&7RWV750_\` MP@<7A:XUM=7!.K;3XJ^U0K&UWM_LKR,H-)\S]X/JOXA?%OX9_">WTJZ^)/C? MP]X*@UR>^M=&DU^_BL%U6[TZPEU.[LM/$GS7=['90R31V<`>ZN2%BMHI9G2) MOA8?!/XI#58+C_A$+P0I_P`%+;GXUM(;S3,?\*M?P;=::OB_!O<_8VOI$MQ9 M@?VH'8'["(\L.L_;'O;_`$SXT_L0:MIG@BY^(MYH_P`8/B%JR>$]/ETF+5KZ M'3_@]XLN;N^T/^W+S3M*FUW0K9)=TN]1L!>W^G0VD-Y;W$T,@PP'$_%F3 M3XBM0P>%6'Q>.="GCO;QPV# MDZU>K3I48-RFE+IS'@K@+B/BWA'(\FJX"C@\1PWQOFV;OA_-\JH5JF(X;X6S M'B'!8;$9CCZF*RW+/K=;+/JM3&8^*P^%H5J^(J+EI-Q^FK']HGX'ZE\/-1^* MUG\4/"3_``^T?4)-'U;Q-+J26UKIFM1SPVK:%?VURD.H6>OOZ)>RZ9K7B>YU2.QLM(U M:"6""31=3AOA;WUAKAFN;6&+1+JUAU6:6[M4@M)'N8%D_-[QU\"/C=\1M;\< M?M!Z+\/?''@>*_\`VDOA+\3]*^$FGZUX(T3XJZQX1^&OPQUCX=ZOXW@CU&;6 M_`^F?$.]OM<77M"T/6[^:2YT_P`.V]M>7-IJ]UI\L74W'P(\37D&D_&GPE\/ MOCKXDUWP]^T9X!^+/CGP!\=-6^'%KXR^*&F^"?`&K>!X-;\+:7X>O+/PS8Z] MX8@UVSU'0+;Q/=:7/KM_X5BW3VLO]E7;\T/$/Q!E7JTUPI&5"CA\5*GB99)G M])9AA*>*Q^'H\3X/#JM6Q"PSHX;"XVIPE.G/.?J^(Y89M]8K8##XWNJ>$7A+ M3PV'J2X]J1Q.)Q6"57"0XEX4K_V3F%;`91B\3P1F6*]A0P;QL<1C<=EE'Q`I MUX<._7<)SU>'XX/#YMBLL^\M(_:.^!6N>"]:^(FF_%+PA)X+\-:K8:)XEUVY MU-=/M_#6K:I?66G:;I_B.#4%M;W0;J]O-2L([>/5K:S,B7<,X_<.):\[\9?M M7?#>\^#WQX\ZFB2XTCP]JNJZ'=:CIRR:9J M5YX;U2[TXQ1:KILRV6H1+,FGZF9`'7X._:B\)^./%GA']IWX]:E\+]1\"^'_ M`!_I'[*'PQ\-?#OQS-H=EXA^(FK^$/V@=!U.Z\3>-M/T74M=TW0;2]37K3P/ MHXU"^O=2DT2WN+R^M;.R^S6\WJOQ;\!_%SX^^(/B_P",]&^"GBWX;VVC?L8_ M&CX&:/I7BRY\(6GB+XC^/_B"+*[TOP]H\.@^)-8TV7PCX7DT9SI^O:E?V5G> MZMK8;38%M%N;L<>8>(G&V(>995@LKC+&T\D5;#/!<.\14L=F<,PS3C;*\/GN M!E6KU:&0T,-@^&\!GF'P&;0QV(S%8N6#P>(FZV"Q&([\J\(?#/"K)<]S#/90 MRVMQ$Z&-_M/C#A"OEF35&,7FF15,M MPN4/`T\QS#!TU0S/"87[&U7]IKX.^!=+\#+\4_B/X0\%^)/%_A30O$W]DWU\ M\/V:TU:VM0^IW:?Z4VB>'_[1GDL[?5];FM-/,D;0&^>:*4#Z$MY(YDCFAD26 M&6)9(I8V5TDC<*R2)(A*.CJ0RLI*L"&4D$5^1_BKX'_$GPQ\1?B1JNO>%?V@ MO$O@7XU?"3X2^&I+3X":M\+)IK:_\'_#P^!?$OP\\?Z5\0%6XMM+O#+=:KI& MNZ3J#:$CZUK*7OV>\"W,OZA?#?PS:>"_`'@;P;81:K!8^$O!OAGPS90:[?0: MIK<-IH.BV.EVT6L:G:_Z-J.J1PVJ)J%_;_N+R[6:XAS'(IK[W@GB3B?. M#H8;"0IX_**_#^9XK$Y!7HXZKF2S.6%68TL1@$_J+[>BBBOTD_'2.3M^/]*C MJ23M^/\`2HZ`"BBB@`HHHH`****`"BBBC^OZ_K[P/%=/^/OP_P!3N-2MK,^( M[B72OC3+\`[[[-X7UN_2W^($&F6VKR"X?3K2\2R\.1VEW"9?%.H&TT6WE98; MB[BD>)7]JK\DM&\3:]X>UOQ#'H&O:GHB>)/^"M$_A77UTK4;JP_MGP_J?P[L M)-1T'4C:S1F\TV\EM+:6YL92T,LMM#(R;XHV5?"'Q,^,-UXET?\`9DL_$GBO MQ!\1_P!F[QI\:?'GQ!U*?6=5E\0^//ASX,TJ;5?V>-,\2WXN%OM5L?B7??$+ MP=;:G:RSR-K9I%\XM^)Y;XK3IM4LWP%6O6Q.-_L[!RP-#V<*F8U,? M0P^%R^,98C$5JU:O@*N,S64H4H*A@\ES.I*-2T&_Z4SCP'A6C/$T@U#2=7L+S2]4L+E/,MK[3M0MI+2]L[B/(#P7-M- M)#*AX:-V'?->>Z=XO\!^$/&?@_X!Z1:R:3JO_"M[_P`2^%=%L=.D70[#P1X' MO_#GA-[6*\4F"U>QEUS1K6QL&S)):+)(AVP.*_,_]DC6_C!XTU;]G?XF0?$/ M3K^?QE8ZQ/\`&ZV\2_M+:GXUN?'LM[X9U&\U73-$^!][X:L=)^''B?X?>+(H M##HOA633?^$>T73]5T766U-"]VWO_P`9O`47Q(_;<^#WAV]\2^+/#NBQ_LW? M%_4=)-7\'ZQXAL8?B!\+[:+1)O$GAZZT_Q#IVF&_N[34;O^Q=2TZYNW ML(;2>Z-E-<.8/BC)>'E1QN*S[AK),-3S)2HK&Y9G^(R?$O7JXK)'/!0J8O!8C$Y=C\'2 MS*ID.*EC\+E_Z!?Y^OY?_6YKSWXC_"GX>?%S2+/0OB/X5T[Q5IFFZC'J^FQ7 MINH)]-U6*"XM4U#3;^PN+34+"[%K=7-L9[.Y@D:">6)F:.1EK\C)OB?\4[K2 M_@?\*-8\;:]K?@O_`(7Y^UK\,=:U[7OC#JWPBUOQP?@]XJETWX3>"O$_QGTK M3-1\0V^H7FC2ZOVNM4DEBNX[[T8^,/&&C^$_A=\#_B+K MU[X[\1^-OB'\9-2\!:EH?[5FM^"_#]E\,O`<>G7$?AWXI?'_`,-Z%9>*O%WB MCPE)XB_LV+2=+TBZU?4UTJVU+Q#O_L^[D;SI^+61YSAL=A,;PW5K9?\`4LJI MXFGFU&OBL!4S+.,-PYBL'E>*IX;*LSI8BA6J<1X+"4:^$IX_$U<=AL5"664Z M*PV)Q/KT_`+BCAS&99C\NXPHX?-GF.?5L!5R'$8?!9K3R3AW%\88+,L\P-3& MYYDE?"XG"T>#\RQ^+PV.JY5@Z&5XS!5(9U7Q4L=@L%]_:*_P>^`-_P##+X+^ M$O#=GX,3XEZQXNA\(:-X:E=+%#+/)(4(W/%/QI^'?A32/#FO76NP:OI/BGXE^'_A)I=]X::+7[<>./ M$7B0^$K72[N;3I98K46.OI+I^LR2/G2IH)X[I$DA>,?EK\&_$^N?%IOV*K7Q MCXOU7Q#-%\8OVT/AY:^+=,\9:EJ>OW/ASP_X)^(N@Z'=6'Q$M(=%UO5]0L-& MBM+?3_&T=OI>LW\=K:ZW*MO?2NX\WT+P1HT/[,GAC0/#OC_QC9>)M5_X*$^& M?"6JO/XYU3Q%JG@6;3_VH/%VF:;JVD:'KE]J5IX9\37EG<)JE]J9TZ"\\0:M M]GU75&O9@LA\&CXL9A'+\1/AW(,LP^41R?%9AD=&4XX.K@:\/*XLQ-%>RKX*G2P]&$E3C'#5'6^IQ'@+E,LYPE+B_BG/<5Q!/B+` M91Q1BHT:F8T,RQ69>('BUPUC,\GFM:=7,,'2IX+@+!8AQK8/,Z]?&5ZT)5)5 M,91A0_>?_/\`6N;U?PAX8U[6O"WB/6=#T_4M=\$7NI:EX2U2Z@$EYX?O]7TB M[T'4[K3)20;>:^T:^O-.N&&=]K<2QGALU^7WQ"L?B9\-/&'[2G@3X4?$'XGZ MK;_"WX;?`G]ISP;H7B/X@>*?%VK/JF@^+_&O_"Q?!::QXAU34MSO?#.HWUWI:ZU=K<:?;6R,;9_J[]F;QQ?_&?7OC%\8RQF*]I1G6H8[!TED.99YA<7F=&K.C1G7H9= MF^09=&%98>G6H5\_X?K3AAZM6<:/Y#G?A;C^&>'L7QGEW$]*MD\,NP"I8BGA M\7EN8UGQ7DW"V.P&2XFA3K5X87%9SP_Q9G$YX>6,K87%X;A/BRA2K8S#4*=3 M$^FZ9\?/A_JUQ>6MB?$ES+8_&C4/@+<_9O"VMWL<'C_3=..J78NI+"UNTL/# MD=L,'Q/J+6FC1SO%;RW4U5^3'A_P`2Z]H&N7MOH.NZIHL/B;_@K#XI M\+>(H]*U&XT\:UX?O_ASJ-U>Z'J?V66)KS3KFXL;*ZELIBT;3V=K.4WP1,M7 MP?\`$WXRW>MZ1^S=:^)_%7B+XE?LQ>(OCEXX^)&HRZOJDFO_`!!\&>#=(N;G M]G'3O$M[YRWVKV7Q*N?B!X3N-3LYYY#KJ>!-:AG9P92/GLM\5I4E"GFV`K8B MMB<8LOP;P%!4X5,?/$X&%#`0C*O7JXBM5R_%8W-G*G2IJE@LDS2;A4=.FY_7 M9QX#0KNI6X?S2A@\/@LM>;YC#-L5*M5HY12P693Q6;U)PP6$P^$PM#-L'EF0 M1C5KU?K&:<3Y'2C4I*K5C3_4[Q7X1\,^.-%E\.^+M$L/$.AS7ND:C+I>IPB> MTDOM!U:RUW1[IHB0#-INL:;8ZC:M_P`L[JUAD'*UT=?BO\!=2^./C?P]\*?B M%X:^-&B>']7\=?#OQS)\4_$_C/\`:4OOB`NL:WJ?P_U>Z&MV/P1U;PWI>A?# MO7?A-XY2SU&YT/PY/I5KX=T'2M7T+7!J,2O\3M)8_$OX9>(6\677Q M/^&%[X*M?B3K>J?&+6_C;X.\5:KXA\-&]LO%W@7Q1K6H7,NC6OB6*SN=5U?P M:-.T*7P_=7%O%+IICG@N9O1X5\2\'Q)F>3QCD%?+'Q'2JTL+F>+56"QT,'E% M+/\``X/#5/[.A4Q-:&#QV/JSHXN>#PM*KAC7Q^1X!TIRRJKF'$%3A+,\QQE!YK.E@Z%7,LKRJA#$9?#,G4_3^HK];/P,EHHHH`CD[?C_2HZDD M[?C_`$J.@`HHHH`****`"BBB@`HHHH`Y[_A$O"F\O_PC'A[>?$(\6E_[%TW> M?%8A%N/$Y;[-D^(1;@0#6L_VD(0(OM.P!:M6_A_0+36=0\1VNAZ1;>(=6MK. MRU77;?3;*'6=3L]/WBPM-0U2.!;Z]MK$22"S@N9Y(K;S'\E$WMG7HKG6%PL7 M&4<-AXRA456+5&FG&JHS@JD6HW510J5(*:M)1J3C>TI)]4L=C9J<98S%2C4I M.A4C+$5FIT'4IU71FG-J5)U:-&HZG0:@8C=Q6-U M4XQDZS3J.24G*Z3+Q&99CBZD*N+S#&XJK3PL<#3JXC%5ZU2&"A"5..#A.I4E M*.%C3E*$\NGOKO5;[2KJREL;O4KJ]DDO+B^N()+J:Z=[B25IF+G(N_@[\([_ M`,.:7X.OOA;\.KSPCHETU]HWA:[\$^&KCP[I-ZSO(]WIFB3:8^FV%T[R2.]Q M:VT4S-)(Q$4U56%DY4VY8=54 MJBH.])32FH\R3.BCGV>8>-..'SG-:$:6+>84HT)BE6=)NFY\K:.;LO!G@_3'TZ33O"GAO3WT>]U/4M)>RT+2[1]+U'6HI8 M=8O].:"UC-E>ZM#//%J=U;&*>_BFECNI)5D<-FQ?#3X`/!4.N:Y MJFEZYK6LQ>%M#CU75]:T.=KG1=8U/4%L1=W^JZ1U]\\S M^(W@K7O$6@^(5^'>O>&_A[X^\0:;:Z')\0-2\"6OC2]@T2&6Y9K-M/\`[;\, MR7SVR7U]+HPU#5;G3-,U"Y>\FTG48GN+.XL_";X9^&O@W\-?!/PM\(12Q^'/ M`OA[3_#^FM<&-KNZ6SBQ)I4*V.K4*%.OCI MX;"?6ZM983#*ETU.(,XJ9(N')XR^3_VC1S:>%6'PT*E?'8;!SR_!U<7C(T5C ML9#+\'6Q6'RS#8K$UL+ED,;F'U"CAI9AC98CGQX2\*AQ(/#/A\.OB!O%JN-& MTX.OBIX7MG\3!OLV1X@>WD>W;60?[1:%WB-R8V*FS;^']!L]8U'Q#::)I%KK M^L6]G::OKEOIMG!K&J6NG*ZZ?;:CJ<4*WM];V"RR+9PW,\L=JLCB!4#MG7HK ML6%PL7%QPU"+A456#5&FG"JH3I*K%J-XU%3J5*:FK2Y)SA?EE)/@ECL;-3C/ M&8J4:E)T*D98BK)3HNI3K.C-.;4J3K4:55TY7A[2E3J6YH1:\\@^$7PGM=V_B37[?4+37?$$'@OPW%K>M6NK1-!JMMJVJQZ:M]J-OJ<+M#J,- MW/-'>Q,8[E94.*VO"7@?P7X`TQ]%\"^$?#'@O1Y+F6]DTKPIH.E>'=-DO)@J MS7;V.D6EG:OJX1=3F<5;IQ.=YSC*,L-B\WS/%8><<-"=#$X M_%5Z,H8*,X8.,J56K*$HX2-2I'#1<6J$9SC24%*293TZGZ?U%,IZ=3]/ZBNX (\PEHHHH`_]D_ ` end -----END PRIVACY-ENHANCED MESSAGE-----