-----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, Cykt4roTS0HAktUgPva8kGYEvNnr6mEW2vBnVVYsnL1SI+SmgNOXop1PMteK8XND gTmtlpwAbvoAiQR0PH90zA== 0000778161-97-000006.txt : 19971113 0000778161-97-000006.hdr.sgml : 19971113 ACCESSION NUMBER: 0000778161-97-000006 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19970930 FILED AS OF DATE: 19971113 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTRENET INC CENTRAL INDEX KEY: 0000778161 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 351597565 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: SEC FILE NUMBER: 000-14060 FILM NUMBER: 97716119 BUSINESS ADDRESS: STREET 1: 400 TECHNECENTER DRIVE SUITE 200 CITY: MILFORD STATE: OH ZIP: 45150 BUSINESS PHONE: 5135766666 FORMER COMPANY: FORMER CONFORMED NAME: CIRCLE EXPRESS INC DATE OF NAME CHANGE: 19900702 10-Q 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (As Filed via EDGAR on November 13, 1997) X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 1997 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-14060 INTRENET, INC. (Exact name of registrant as specified in its charter) Indiana 35-1597565 (State or other jurisdiction of (IRS Employer Identification No) incorporation or organization) 400 TechneCenter Drive, Suite 200, Milford, Ohio 45150 Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (513)576-6666 Not Applicable Former name, former address and former fiscal year, if changed since last report Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No APPLICABLE ONLY TO CORPORATE ISSUERS Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. Common Stock, without par value, 13,545,638 shares issued and outstanding at November 1, 1997 INTRENET, INC. FORM 10-Q SEPTEMBER 30, 1997 INDEX PAGE Part I - Financial Information: Item 1. Financial Statements: Condensed Consolidated Balance Sheets September 30, 1997 and December 31, 1996 .................... 3 Condensed Consolidated Statements of Operations Three Months and Nine Months Ended .................... 4 September 30, 1997 and 1996 Condensed Consolidated Statement of Shareholders' Equity Nine Months Ended September 30, 1997 .................... 5 Condensed Consolidated Statements of Cash Flows Three Months and Nine Months Ended .................... 6 September 30, 1997 and 1996 Notes to Condensed Consolidated Financial Statements ....... 7 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations .................... 8 Part II - Other Information: Item 1. Legal Proceedings ................... 11 Item 2. Changes in Securities ................... 11 Item 3. Defaults Upon Senior Securities ................... 11 Item 4. Submission of Matters to a Vote of Security Holders 11 Item 5. Other Information ................... 11 Item 6. Exhibits and Reports on Form 8-K ................... 11 INTRENET, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets September 30, 1997 and December 31, 1996 (In Thousands of Dollars)
Assets 1997 1996 (Unaudited) Current assets: Cash and cash equivalents $ 1,048 $ 410 Receivables, principally freight revenue less allowance for doubtful accounts of $914 in 1997 and $770 in 1996 33,084 25,334 Prepaid expenses and other 4,588 4,604 Total current assets 38,720 30,348 Property and equipment, at cost, less accumulated depreciation 32,176 35,882 Reorganization value in excess of amounts allocated to identifiable assets, net of accumulated amortization 7,296 7,611 Deferred income taxes, net 2,723 2,723 Other assets 577 604 Total assets $ 81,492 $ 77,168 Liabilities and Shareholders' Equity Current liabilities: Current debt and capital lease obligations $ 5,611 $ 6,510 Accounts payable 10,202 8,190 Current accrued claim liabilities 8,476 8,400 Other accrued expenses 9,431 7,116 Total current liabilities 33,720 30,216 Long-term debt and capital lease obligations 23,711 24,210 Long-term accrued claim liabilities 2,850 2,850 Total liabilities 60,281 57,276 Shareholders' equity: Common stock, without par value; 20,000,000 shares authorized; 13,500,638 and 13,412,138 shares issued and outstanding, respectively 16,737 16,594 Retained earnings since January 1, 1991 4,474 3,298 Total shareholders' equity 21,211 19,892 Total liabilities and shareholders' equity $ 81,492 $ 77,168 The accompanying notes are an integral part of these consolidated financial statements.
INTRENET, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Operations Three Months and Nine Months Ended September 30, 1997 and 1996 (Unaudited) (In Thousands of Dollars, Except Per Share Data)
Three Months Nine Months Ended September 30, Ended September 30, 1997 1996 1997 1996 Operating revenues $ 64,352 $ 57,797 $ 186,522 $ 168,112 Operating expenses: Purchased transportation and equipment rents 28,909 22,330 80,188 64,932 Salaries, wages, and benefits 15,351 15,775 45,453 45,440 Fuel and other operating expenses 11,819 12,328 36,857 36,861 Operating taxes and licenses 2,552 2,781 7,704 8,046 Insurance and claims 2,029 2,394 6,208 6,422 Depreciation 1,127 1,587 3,495 3,732 Other operating expenses 775 774 2,411 2,762 62,562 57,969 182,316 168,195 Operating income (loss) 1,790 (172) 4,206 (83) Interest expense (711) (622) (2,223) (1,812) Other expense, net (105) (96) (315) (315) Earnings (loss) before income taxes 974 (890) 1,668 (2,210) Provision for income taxes (260) 0 (492) 0 Net earnings (loss) $ 714 $ (890) $ 1,176 $ (2,210) Earnings (loss) per common and common equivalent share $ 0.05 $ (0.07) $ 0.09 $ (0.16) The accompanying notes are an integral part of these consolidated financial statements.
INTRENET, INC. AND SUBSIDIARIES Condensed Consolidated Statement of Shareholders' Equity For the Nine Months Ended September 30, 1997 (In Thousands of Dollars)
Retained Common Stock Earnings Equity Shares Dollars Balance, December 31, 1996 13,412,138 $16,594 $3,298 $19,892 Exercise of stock options 88,500 143 - 143 Net Earnings for 1997 - - 1,176 1,176 Balance, September 30, 1997 13,500,638 $16,737 $4,474 $21,211 The accompanying notes are an integral part of these consolidated financial statements.
INTRENET, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Cash Flows Three Months and Nine Months Ended September 30, 1997 and 1996 (Unaudited) (In Thousands of Dollars)
Three Months Nine Months Ended September 30, Ended September 30, 1997 1996 1997 1996 Cash flows from operating activities: Net earnings (loss) $ 714 $ (890) $ 1,176 $ (2,210) Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: Deferred income taxes 0 0 0 0 Depreciation and amortization 1,232 1,692 3,810 4,047 Provision for doubtful accounts 27 98 253 254 Changes in assets and liabilities, net: Receivables (1,941) 726 (8,003) (5,894) Prepaid expenses 420 995 16 520 Accounts payable and accrued expenses 1,785 1,543 4,430 3,926 Other 2 0 0 0 Net cash provided by operating activities 2,239 4,164 1,682 643 Cash flows from financing activities: Net borrowings (repayments) on line of credit, net (2,159) (1,606) 2,769 2,336 Principal payments on long-term debt (1,047) (1,928) (4,165) (5,483) Proceeds from exercise of stock options 76 0 143 49 Net cash (used in) financing activities (3,130) (3,534) (1,253) (3,098) Cash flows from investing activities: Additions to property and equipment (217) (389) (952) (1,079) Disposals of property and equipment 346 754 1,161 4,580 Net cash provided by investing activities 129 365 209 3,501 Net increase (decrease) in cash and cash equivalents (762) 995 638 1,046 Cash and cash equivalents: Beginning of period 1,810 222 410 171 End of period $ 1,048 $ 1,217 $ 1,048 $ 1,217 The accompanying notes are an integral part of these consolidated financial statements.
INTRENET, INC. AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements September 30, 1997 (Unaudited) (1) Unaudited Consolidated Financial Statements The accompanying unaudited consolidated financial statements include the accounts of Intrenet, Inc. and all of its subsidiaries (collectively, the Company). Operating subsidiaries at September 30, 1997 were Roadrunner Trucking, Inc. (RRT), Eck Miller Transportation Corporation (EMT), Advanced Distribution System, Inc. (ADS), Roadrunner Distribution Services, Inc. (RDS) and INET Logistics, Inc. (INL). All significant intercompany transactions are eliminated in consolidation. Through its subsidiaries, the Company provides general and specialized truckload carrier and intermodal brokerage services on a regional basis throughout the forty-eight continental states and Canada. The consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). In management's opinion, these financial statements include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the results of operations for the interim periods presented. Pursuant to SEC rules and regulations, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted from these statements unless significant changes have taken place since the end of the most recent fiscal year. For this reason, the accompanying consolidated financial statements and notes thereto should be read in conjunction with the financial statements and notes for the year ended December 31, 1996 included in the Company's 1996 Annual Report on Form 10-K. The results for the three month and nine month periods ended September 30, 1997 are not necessarily indicative of the results to be expected for the entire year. (2) Earnings Per Common and Common Equivalent Share Earnings per common and common equivalent share have been computed on the basis of the weighted average common shares outstanding during the periods. No effect has been included for options or warrants outstanding, if the effect would be antidilutive. (3) Income Taxes Income taxes in interim periods are generally provided on the basis of the estimated effective tax rate for the year. (4) Contingent Liabilities On June 13, 1997, the Company received notice from the Central States Southeast and Southwest Areas Pension Fund (the "Fund") of a claim pursuant to the Employee Retirement Income Security Act of 1974, as amended by the Multiemployer Pension Plan Amendments Act of 1980 ("MPPAA"). MPPAA provides that, if an employer withdraws from participation in a multi-employer pension plan, such as the Fund, the employer and members of the employer's "controlled group" of businesses are jointly and severally liable for a portion of the plan's underfunding. The notice states that the claim is based on the withdrawal of R-W Service Systems, Inc. ("RW") from the fund in June, 1991. The Company's records indicate that RW was an indirect subsidiary of the Company's predecessor, Circle Express, Inc., from March 1985 through April 1988, when it and certain other subsidiaries were sold. The notice states that RW's withdrawal liability is approximately $4.3 million with accrued interest in the amount of approximately $1.9 million. Based on its investigation to date, and, after consultation with counsel, management believes that the Company is not liable to the Fund for RW's withdrawal liability. The Company has filed a formal request for review of the claim as provided by the MPPAA and has taken the position that it is not liable to the Fund. At this date, the Fund has not issued a formal response. If the Fund rejects the Company's position, the Company is entitled among other remedies, to seek resolution of the claim in binding arbitration. The Company intends to vigorously contest the Fund's claim and seek a prompt resolution of this matter. The Company is obligated to make interim payments to the Fund until the issue of liability is resolved. The interim payment obligation is approximately $121,000 per month and commenced August 1, 1997. There can be no assurance that either the need to make interim payments to the Fund or the ultimate resolution of this matter will not have a material adverse effect on the Company's liquidity, results of operation or financial condition. Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Introduction The following discussion should be read in conjunction with the condensed consolidated financial statements and notes thereto appearing elsewhere in this report. Certain statements made in this report may constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For a description of risks and uncertainties relating to forward looking statements, see the discussion in the Company's Annual Report on Form 10-K for the year ended December 31, 1996. The Company reported net earnings of $714,000 ($0.05 per share) on revenues of $64.4 million in the three months and net earnings of $1,176,000 ($0.09 per share) on revenues of $186.5 million in the nine months ended September 30, 1997. This compares with a net loss of $890,000 on revenues of $57.8 million, and a net loss of $2,210,000 on revenues of $168.1 million in the comparable periods of 1996, respectively. In the three months ended September 30, 1996, the Company recorded approximately $1.2 million in charges: to account for certain corporate personnel severance arrangements ($0.2 million); to write-off certain computer equipment ($0.3 million); to record the settlement and legal costs of previously disclosed litigation ($0.1 million); to reserve for unfavorable developments in several workers compensation and vehicle accident claim reserves ($0.4 million); and to account for certain other charges ($0.2 million). The Company's revenue grew by 11.3 percent in the third quarter of 1997 and each of its four carrier subsidiaries reported revenue improvements. The revenue growth experienced in the first two quarters has continued into the third quarter. Fuel prices continued to decline during the third quarter and were lower than the third quarter of the prior year, although the average cost per gallon for the nine months is only slightly lower than the average cost per gallon for the same time period of the prior year. Barring any unforeseen changes in the overall economy or in the price of fuel, management expects that the Company will benefit from continuing cost reduction programs in the area of safety, fuel purchasing and insurance costs, increased equipment utilization and an expanded fleet will allow for continued growth. Revenue miles for the third quarter of 1997 increased to 43.4 million miles up from 41.6 million miles for the same period in the prior year. Revenue per mile in the third quarter also improved by 1.5 percent to $1.32 per mile, up from $1.30 last year, continuing the trend reported in prior quarters. The Company's average total operating fleet, including owner-operators, at the end of the third quarter of 1997 was 2,183 tractors up from 2,037 at the end of the third quarter of 1996 representing an increase of more than 7 percent. The growth in the Company's fleet is due to a greater than 25 percent increase in the number of owner-operators as compared with the third quarter of 1996. A discussion of the impact of the above and other factors on the results of operations in the three months and nine months ended September 30, 1997 as compared to the comparable periods of 1996 follows. 1997 Compared to 1996 Three Months Ended 9/30 % Nine Months Ended 9/30 % Key Operating Statistics 1997 1996 Chg 1997 1996 Chg Operating Revenues ($millions) $64.4 $57.8 11.3% $186.5 $168.1 11.0% Net Earnings (Loss) ($ 000's) $714 $(890) NM $1,176 $(2,210) NM Average Number of Tractors 2,183 2,037 7.2% 2,171 2,061 5.3% Total Loads (000's) 80 66.6 20.1% 227.3 194.7 16.8% Revenue Miles (millions) 43.4 41.7 4.1% 128.6 123.5 4.1% Average Revenue per Revenue Mile $1.32 $1.30 1.5% $1.32 $1.29 2.5% Operating Revenues Operating revenues for the three months and nine months ended September 30, 1997 totaled $64.4 million and $186.5 million, respectively, as compared to $57.8 million and $168.1 million for the same periods in 1996, reflecting increased capacity and better freight availability than the prior year. Each of the Company's four truckload carriers have continued to grow throughout 1997. Revenue increased by $6.6 million, or 11.3%, in the three months, and $18.4 million, or 11.0%, in the nine months ended September 30, 1997, over the comparable 1996 periods. The average number of Company owned tractors declined 7.2% from 1,229 to 1,141 in the nine month period ended September 30, 1997 from the comparable period in 1996, while the average owner-operator tractor count increased 23.8% from 832 to 1,030. Approximately 53.0% of the Company's revenue was generated by Company operated-equipment, and 38.1% by owner-operator equipment in the nine months ended September 30, 1997. This compares to 59.8% and 34.7% in the 1996 period. The remaining revenues were from freight brokered to other carriers. The Company experienced a 2.5% improvement in the average revenue per revenue mile in the first nine months of 1997 as compared to 1996. This is generally the result of a slight tightening of capacity in the markets served by the Company. Operating Expenses The following table sets forth the percentage relationship of operating expenses to operating revenues for the three month and nine month periods ended September 30. Three Months Ended 9/30 Nine Months Ended 9/30 1997 1996 1997 1996 Operating revenues 100 % 100 % 100 % 100 % Operating expenses: Purchased transportation and equipment rents 44.9 38.6 43.0 38.6 Salaries, wages and benefits 23.8 27.3 24.4 27.0 Fuel and operating expenses 18.4 21.3 19.8 21.9 Operating taxes and licenses 4.0 4.8 4.1 4.8 Insurance and claims 3.2 4.1 3.3 3.8 Depreciation 1.7 2.8 1.9 2.2 Other operating expenses 1.2 1.3 1.2 1.7 Total operating expenses 97.2% 100.2% 97.7% % 100.0% Purchased transportation and equipment rents increased as a percentage of revenue due to the significant growth in the Company's use of owner-operators. Correspondingly, salaries, wages and benefits decreased as a percentage of revenue because of the relatively smaller portion of the Company's total revenue generated by Company operated equipment and the growing portion of the Company's total revenue from owner-operators and from freight brokered to other carriers. Fuel and other operating expenses are attributable to Company-operated equipment and these expenses also declined in relation to growth in the use of owner-operators and freight brokered to other carriers. Other operating expenses decreased in 1997 over 1996 due to reduced professional fees and reduced accounts receivable service fees. Interest Expense Interest expense increased in 1997, primarily as a result of the increased borrowings under the Company's bank credit facility resulting from the Company's decision to discontinue its accounts receivable factoring service. Provision for Income Taxes Income taxes in interim periods are generally provided on the basis of the estimated effective tax rate for the year. Liquidity and Capital Resources The Company generated $0.6 million of cash in the first nine months of 1997. As reflected in the accompanying Consolidated Statements of Cash Flows, the Company generated $1.7 million of cash from operating activities primarily from net earnings before depreciation and amortization offset by growth in both accounts receivable and payable attributable to the Company's revenue growth. Approximately $1.3 million, net, of this cash was used in financing activities primarily for principal payments on long-term debt. An additional $0.2 million was generated from investing activities, primarily from the disposition of property and equipment. The Company's day-to-day financing is provided by borrowings under its bank credit facility. The credit facility consists of a $5.0 million term loan with a final maturity of December 31, 1999, and a $28.0 million revolving line of credit which expires January 15, 1999. Quarterly principal payments of $312,500 on the term loan commenced on April 1, 1996. The line of credit includes provisions for the issuance of up to $12.0 million in stand-by letters of credit which, as issued, reduce available borrowings under the line of credit. Borrowings under the line of credit are limited to amounts determined by a formula tied to the Company's eligible accounts receivable and inventories, as defined in the credit facility. Borrowings under the revolving line of credit totaled $5.9 million at September 30, 1997, and outstanding letters of credit totaled $6.7 million at that date. The combination of these two bank credits totaled $12.6 million, leaving approximately $11.9 million of borrowing capacity under the credit facility at September 30, 1997. The Company believes that cash generated from operations, and cash available to it under the bank credit facility will be sufficient to meet the Company's cash needs for the foreseeable future. PART II - OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS. On June 13, 1997, the Company received notice from the Central States Southeast and Southwest Areas Pension Fund (the "Fund") of a claim pursuant to the Employee Retirement Income Security Act of 1974, as amended by the Multiemployer Pension Plan Amendments Act of 1980 ("MPPAA"). MPPAA provides that, if an employer withdraws from participation in a multi-employer pension plan, such as the Fund, the employer and members of the employer's "controlled group" of businesses are jointly and severally liable for a portion of the plan's underfunding. The notice states that the claim is based on the withdrawal of R-W Service Systems, Inc. ("RW") from the fund in June, 1991. The Company's records indicate that RW was an indirect subsidiary of the Company's predecessor, Circle Express, Inc., from March 1985 through April 1988, when it and certain other subsidiaries were sold. The notice states that RW's withdrawal liability is approximately $4.3 million with accrued interest in the amount of approximately $1.9 million. Based on its investigation to date, and, after consultation with counsel, management believes that the Company is not liable to the Fund for RW's withdrawal liability. The Company has filed a formal request for review of the claim as provided by the MPPAA and has taken the position that it is not liable to the Fund. At this date, the Fund has not issued a formal response. If the Fund rejects the Company's position, the Company is entitled among other remedies, to seek resolution of the claim in binding arbitration. The Company intends to vigorously contest the Fund's claim and seek a prompt resolution of this matter. The Company is obligated to make interim payments to the Fund until the issue of liability is resolved. The interim payment obligation is approximately $121,000 per month and commenced August 1, 1997. There can be no assurance that either the need to make interim payments to the Fund or the ultimate resolution of this matter will not have a material adverse effect on the Company's liquidity, results of operation or financial condition. There are no other material pending legal proceedings to which the Company or any of its subsidiaries is a party or of which any of their property is the subject, other than routine proceedings previously reported in the Company's 1996 Annual Report on Form 10-K, and litigation incidental to its business, primarily involving claims for personal injury and property damage incurred in the transporting of freight. There have been no material developments in any previously reported proceedings. The Company maintains insurance which covers liability resulting from transportation related claims in amounts management believes are prudent and consistent with accepted industry practices, subject to deductibles for the first $100,000 to $250,000 of exposure for each incident. The Company is not aware of any claims or threatened claims that might materially affect the Company's operating or financial results. ITEM 2. CHANGES IN SECURITIES None ITEM 3. DEFAULTS UPON SENIOR SECURITIES None ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS None ITEM 5. OTHER INFORMATION None ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K. (a) Exhibits Exhibit 11 - Computation of Per Share Earnings Exhibit 27 - Financial Data Schedule (b) Reports on Form 8-K None SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. INTRENET, INC. (Registrant) /s/ John P. Delavan John P. Delavan, President and Chief Executive Officer November 13,1997 /s/ Roger T. Burbage Roger T. Burbage, Chief Financial Officer (Principal Financial and Accounting Officer)
EX-11 2 INTRENET, INC. STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
Three Months Ended September 30, Nine Months Ended September 30, 1997 1996 1997 1996 Weighted average shares outstanding during period 13,476,421 13,227,338 13,454,984 13,223,448 Assumed exercise of options and warrants 371,737 153,731 242,465 170,432 Shares assumed for fully diluted earnings per share 13,848,158 13,381,069 13,697,449 13,393,880 Earnings for the period: ($ in Thousands) Net earnings $ 714 $ (890) $ 1,176 $ (2,210) Earnings per common and common equivalent share: Primary: $ 0.05 $ (0.07) $ 0.09 $ (0.16) Fully diluted: $ N/A $ N/A $ N/A $ N/A Exhibit 11
EX-27 3
5 0000778161 INTRENET, INC. 1,000 U.S. DOLLARS 9-MOS DEC-31-1997 JAN-01-1997 SEP-30-1997 1 1,048 0 33,998 (914) 0 38,720 32,176 0 81,492 33,720 23,711 0 0 16,737 4,474 81,492 0 186,522 0 182,316 315 0 2,223 1,668 492 1,176 0 0 0 1,176 .09 .09
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