Intuit

-7.5%

More reviews (1)

Live  

Intuit is an American financial software company that produces various popular products such as QuickBooks, TurboTax, and Mint. Founded in 1983 by Scott Cook and Tom Proulx, Intuit aims to simplify complex financial tasks for individuals and small businesses. The company is headquartered in Mountain View, California and has approximately 10,500 employees worldwide.
Intuit's main products include QuickBooks, which is a popular accounting software for small businesses, and TurboTax, which is a tax preparation software for individuals and businesses. Both of these products have a large customer base and are widely used by millions of individuals and businesses in the United States.
In addition to these products, Intuit also offers services such as payroll solutions, payment processing, and banking services. The company is constantly evolving and expanding its products and services to meet the changing needs of its customers.
Intuit's mission statement is "Powering Prosperity Around the World". This reflects the company's focus on helping individuals and businesses achieve financial success and stability.
Over the years, Intuit has received numerous awards and accolades for its products and services. The company has also been recognized for its workplace culture and innovation. In 2020, Intuit was ranked #8 on Fortune's "World's Most Admired Companies" list in the computer software category.
In addition to its financial products and services, Intuit is also committed to social responsibility and has programs in place to promote diversity and inclusion, sustainability, and community giving.
In summary, Intuit is a leading financial software company that provides a range of popular products and services aimed at simplifying financial management for individuals and businesses. With a strong focus on innovation and social responsibility, Intuit continues to be a major player in the financial technology industry.

SW50dWl0IG lzIGEgY29t cGFueSB0aG F0IGhlbHBz IHBlb3BsZS BhbmQgc21h bGwgYnVzaW 5lc3NlcyB3 aXRoIHRoZW lyIG1vbmV5 IGFuZCBmaW 5hbmNlcy4g SW1hZ2luZS B5b3UgaGF2 ZSBhIHBpZ2 d5IGJhbmss IGJ1dCBpdO KAmXMgYSBi aXQgdHJpY2 t5IHRvIGtl ZXAgdHJhY2 sgb2YgaG93 IG11Y2ggbW 9uZXkgeW91 IGhhdmUgb3 IgaG93IHRv IHNhdmUgZm 9yIHRoaW5n cyB5b3Ugd2 FudC4gSW50 dWl0IG1ha2 VzIHNvZnR3 YXJlLCBvci Bjb21wdXRl ciBwcm9ncm FtcywgdGhh dCBoZWxwIH dpdGggdGhh dCE8YnI+T2 5lIG9mIHRo ZWlyIG1vc3 QgcG9wdWxh ciBwcm9kdW N0cyBpcyBj YWxsZWQgVH VyYm9UYXgu IEl04oCZcy BsaWtlIGEg aGVscGZ1bC Byb2JvdCB0 aGF0IGd1aW RlcyB5b3Ug dGhyb3VnaC BmaWxpbmcg eW91ciB0YX hlcywgd2hp Y2ggaXMgYS B3YXkgdGhh dCBhZHVsdH MgcGF5IG1v bmV5IHRvIH RoZSBnb3Zl cm5tZW50Li BJbnN0ZWFk IG9mIGdldH RpbmcgY29u ZnVzZWQgYn kgYWxsIHRo ZSBudW1iZX JzIGFuZCBy dWxlcywgVH VyYm9UYXgg bWFrZXMgaX QgZWFzaWVy IHRvIHVuZG Vyc3RhbmQg YW5kIGdldC Bkb25lIGNv cnJlY3RseS 4gPGJyPkFu b3RoZXIgcH JvZHVjdCB0 aGV5IGhhdm UgaXMgUXVp Y2tCb29rcy 4gVGhpcyBw cm9ncmFtIG hlbHBzIHNt YWxsIGJ1c2 luZXNzIG93 bmVycyBrZW VwIHRyYWNr IG9mIHRoZW lyIG1vbmV5 LCBqdXN0IG xpa2UgaG93 IHlvdSBtaW dodCB3cml0 ZSBkb3duIH lvdXIgYWxs b3dhbmNlLi BJdCBzaG93 cyB0aGVtIG hvdyBtdWNo IG1vbmV5IH RoZXkgZWFy biwgaG93IG 11Y2ggdGhl eSBzcGVuZC wgYW5kIGhl bHBzIHRoZW 0gcGxhbiBm b3IgdGhlIG Z1dHVyZS48 YnI+SW50dW l0IG1ha2Vz IG1vbmV5IG J5IHNlbGxp bmcgdGhlc2 UgcHJvZ3Jh bXMgYW5kIH NlcnZpY2Vz IHRvIHBlb3 BsZSBhbmQg YnVzaW5lc3 Nlcy4gVGhl eSBjaGFyZ2 UgYSBmZWUg Zm9yIHVzaW 5nIFR1cmJv VGF4IGFuZC BRdWlja0Jv b2tzLCBraW 5kIG9mIGxp a2UgaG93IH lvdSBtaWdo dCBwYXkgdG 8gZ2V0IHNw ZWNpYWwgdG 95cyBvciBn YW1lcy48Yn I+Tm93LCB3 aHkgaXMgSW 50dWl0IHN1 Y2Nlc3NmdW w/IEZpcnN0 LCB0aGV5IG hhdmUgYmVl biBhcm91bm QgZm9yIGEg bG9uZyB0aW 1lIGFuZCBo YXZlIGJ1aW x0IGEgZ29v ZCByZXB1dG F0aW9uLiBQ ZW9wbGUgdH J1c3QgdGhl aXIgcHJvZH VjdHMgYmVj YXVzZSB0aG V5IGhlbHAg dGhlbSBzYX ZlIHRpbWUg YW5kIGF2b2 lkIG1pc3Rh a2VzLiBTZW NvbmQsIHRo ZXkga2VlcC BpbXByb3Zp bmcgdGhlaX Igc29mdHdh cmUsIG1ha2 luZyBpdCBl YXNpZXIgZm 9yIHVzZXJz LCBhbmQgYW RkaW5nIG5l dyBmZWF0dX JlcyBiYXNl ZCBvbiB3aG F0IHBlb3Bs ZSBuZWVkLj xicj5Mb29r aW5nIHRvIH RoZSBmdXR1 cmUsIG1vcm UgYW5kIG1v cmUgcGVvcG xlIHdpbGwg dXNlIGNvbX B1dGVycyBh bmQgc21hcn RwaG9uZXMg dG8gbWFuYW dlIHRoZWly IG1vbmV5Li BTaW5jZSBJ bnR1aXQgaX MgYWxyZWFk eSBhIGJpZy BwbGF5ZXIg aW4gdGhpcy BtYXJrZXQg YW5kIGtlZX BzIG1ha2lu ZyB0aGVpci Bwcm9kdWN0 cyBiZXR0ZX IsIGl04oCZ cyBsaWtlbH kgdGhleeKA mWxsIGtlZX AgYmVpbmcg c3VjY2Vzc2 Z1bC4gVGhl eSBhbHNvIH RyeSB0byB1 bmRlcnN0YW 5kIHdoYXQg dGhlaXIgY3 VzdG9tZXJz IG5lZWQgYW 5kIGFkYXB0 IHRvIGNoYW 5nZXMsIHNv IHRoZXnigJ lsbCBjb250 aW51ZSB0by BiZSBhIGhl bHBmdWwgdG 9vbCBmb3Ig cGVvcGxlIG FuZCBidXNp bmVzc2VzLj xicj4=

MS4gTGVhZG VyIGluIGFj Y291bnRpbm cgYW5kIHRh eCBwcmVwYX JhdGlvbjog SW50dWl0IG lzIHRoZSBt YXJrZXQgbG VhZGVyIGlu IGFjY291bn RpbmcgYW5k IHRheCBzb2 Z0d2FyZSwg d2l0aCB3ZW xsLWtub3du IHByb2R1Y3 RzIHN1Y2gg YXMgUXVpY2 tCb29rcyBh bmQgVHVyYm 9UYXguIFRo aXMgZG9taW 5hbmNlIGhh cyBtYWRlIG l0IGEgdHJ1 c3RlZCBhbm QgcmVwdXRh YmxlIGJyYW 5kIGluIHRo ZSBpbmR1c3 RyeS48YnI+ Mi4gSW5ub3 ZhdGl2ZSBh bmQgY3VzdG 9tZXItZm9j dXNlZDogSW 50dWl0IGhh cyBhIHN0cm 9uZyBmb2N1 cyBvbiBpbm 5vdmF0aW9u IGFuZCBjb2 50aW51b3Vz bHkgc3RyaX ZlcyB0byBp bXByb3ZlIG l0cyBwcm9k dWN0cyBhbm Qgc2Vydmlj ZXMgdG8gbW VldCBjdXN0 b21lciBuZW Vkcy4gSXQg YWxzbyBoYX MgYSBkZWVw IHVuZGVyc3 RhbmRpbmcg b2YgaXRzIG N1c3RvbWVy cycgcGFpbi Bwb2ludHMg YW5kIHByb3 ZpZGVzIHNv bHV0aW9ucy B0byBhZGRy ZXNzIHRoZW 0uPGJyPjMu IEVtcGhhc2 lzIG9uIGVt cGxveWVlIH dlbGwtYmVp bmc6IEludH VpdCBwcmlk ZXMgaXRzZW xmIG9uIGNy ZWF0aW5nIG Egc3VwcG9y dGl2ZSBhbm QgaW5jbHVz aXZlIHdvcm sgZW52aXJv bm1lbnQgZm 9yIGl0cyBl bXBsb3llZX MuIFRoZSBj b21wYW55IG 9mZmVycyBj b21wZXRpdG l2ZSBzYWxh cmllcywgY2 9tcHJlaGVu c2l2ZSBiZW 5lZml0cywg YW5kIGEgc3 Ryb25nIGVt cGhhc2lzIG 9uIHdvcmst bGlmZSBiYW xhbmNlLjxi cj40LiBDdW x0dXJlIG9m IGV4cGVyaW 1lbnRhdGlv biBhbmQgbG Vhcm5pbmc6 IEludHVpdC BlbmNvdXJh Z2VzIGEgY3 VsdHVyZSBv ZiBleHBlcm ltZW50YXRp b24gYW5kIG NvbnRpbnVv dXMgbGVhcm 5pbmcuIEl0 cyBlbXBsb3 llZXMgYXJl IGVtcG93ZX JlZCB0byB0 YWtlIHJpc2 tzIGFuZCB0 cnkgbmV3IH RoaW5ncywg d2hpY2ggaG FzIHJlc3Vs dGVkIGluIH RoZSBkZXZl bG9wbWVudC BvZiBncm91 bmRicmVha2 luZyBwcm9k dWN0cyBhbm Qgc2Vydmlj ZXMuPGJyPj UuIENvcnBv cmF0ZSBzb2 NpYWwgcmVz cG9uc2liaW xpdHk6IElu dHVpdCBpcy Bjb21taXR0 ZWQgdG8gbW FraW5nIGEg cG9zaXRpdm UgaW1wYWN0 IGluIHRoZS Bjb21tdW5p dGllcyB3aG VyZSBpdCBv cGVyYXRlcy 4gSXQgaGFz IHZhcmlvdX MgaW5pdGlh dGl2ZXMsIH N1Y2ggYXMg dGhlIEludH VpdCBFZHVj YXRpb24gUH JvZ3JhbSwg dGhhdCBmb2 N1cyBvbiBw cm92aWRpbm cgZnJlZSBm aW5hbmNpYW wgZWR1Y2F0 aW9uIGFuZC ByZXNvdXJj ZXMgdG8gdW 5kZXJzZXJ2 ZWQgY29tbX VuaXRpZXMu PGJyPjYuIE Vudmlyb25t ZW50YWwgc3 VzdGFpbmFi aWxpdHk6IE FzIGEgdGVj aG5vbG9neS Bjb21wYW55 LCBJbnR1aX QgcmVjb2du aXplcyBpdH MgcmVzcG9u c2liaWxpdH kgdG8gcmVk dWNlIGl0cy BpbXBhY3Qg b24gdGhlIG Vudmlyb25t ZW50LiBUaG UgY29tcGFu eSBoYXMgc2 V0IGFtYml0 aW91cyBnb2 FscyB0byBh Y2hpZXZlIG NhcmJvbiBu ZXV0cmFsaX R5IGFuZCBy ZWR1Y2UgaX RzIG92ZXJh bGwgY2FyYm 9uIGZvb3Rw cmludC48Yn I+Ny4gU3Ry b25nIGZpbm FuY2lhbCBw ZXJmb3JtYW 5jZTogSW50 dWl0IGNvbn Npc3RlbnRs eSBkZWxpdm VycyBzdHJv bmcgZmluYW 5jaWFsIHJl c3VsdHMsIG RlbW9uc3Ry YXRpbmcgaX RzIGFiaWxp dHkgdG8gc3 VzdGFpbiBn cm93dGggYW 5kIHByb2Zp dGFiaWxpdH kuIFRoaXMg c3RhYmlsaX R5IGhhcyBt YWRlIGl0IG EgcmVsaWFi bGUgaW52ZX N0bWVudCBm b3Igc2hhcm Vob2xkZXJz IGFuZCBhIG ZpbmFuY2lh bGx5IHNvbG lkIGNvbXBh bnkgb3Zlcm FsbC48YnI+ OC4gRGl2ZX JzaXR5IGFu ZCBpbmNsdX Npb246IElu dHVpdCB2YW x1ZXMgZGl2 ZXJzaXR5IG luIGl0cyB3 b3JrZm9yY2 UgYW5kIHN0 cml2ZXMgdG 8gY3JlYXRl IGEgY3VsdH VyZSBvZiBp bmNsdXNpb2 4uIEl0IGhh cyB2YXJpb3 VzIGRpdmVy c2l0eSBhbm QgaW5jbHVz aW9uIGluaX RpYXRpdmVz LCBzdWNoIG FzIHRoZSBX b21lbiBpbi BUZWNoIENv dW5jaWwgYW 5kIHRoZSBJ bnR1aXQgTW lsaXRhcnkg TmV0d29yay wgdG8gcHJv bW90ZSBkaX ZlcnNpdHkg d2l0aGluIH RoZSBjb21w YW55Ljxicj 45LiBDb21t aXRtZW50IH RvIHNtYWxs IGJ1c2luZX NzZXM6IElu dHVpdCBoYX MgYSBzdHJv bmcgY29tbW l0bWVudCB0 byBzdXBwb3 J0aW5nIHNt YWxsIGJ1c2 luZXNzZXMs IHdoaWNoIH BsYXkgYSBz aWduaWZpY2 FudCByb2xl IGluIGRyaX ZpbmcgZWNv bm9taWMgZ3 Jvd3RoLiBU aGUgY29tcG FueSBvZmZl cnMgYSByYW 5nZSBvZiBw cm9kdWN0cy BhbmQgc2Vy dmljZXMgc3 BlY2lmaWNh bGx5IHRhaW xvcmVkIHRv IHRoZSBuZW VkcyBvZiBz bWFsbCBidX NpbmVzc2Vz Ljxicj4xMC 4gVGVjaG5v bG9naWNhbC BhZHZhbmNl bWVudHM6IE ludHVpdCBo YXMgYSBoaX N0b3J5IG9m IGluY29ycG 9yYXRpbmcg Y3V0dGluZy 1lZGdlIHRl Y2hub2xvZ3 kgaW50byBp dHMgcHJvZH VjdHMgYW5k IHNlcnZpY2 VzLiBUaGlz IGluY2x1ZG VzIHRoZSB1 c2Ugb2YgYX J0aWZpY2lh bCBpbnRlbG xpZ2VuY2Ug YW5kIG1hY2 hpbmUgbGVh cm5pbmcgdG 8gaW1wcm92 ZSBpdHMgb2 ZmZXJpbmdz IGFuZCBwcm 92aWRlIGEg YmV0dGVyIG N1c3RvbWVy IGV4cGVyaW VuY2Uu

VGhlIEludH VpdCBjb21w YW55J3MgYn VzaW5lc3Mg bW9kZWwgaX MgYmFzZWQg b24gcHJvdm lkaW5nIGZp bmFuY2lhbC BhbmQgdGF4 IHNvZnR3YX JlIHByb2R1 Y3RzIGFuZC BzZXJ2aWNl cyBmb3IgaW 5kaXZpZHVh bHMgYW5kIH NtYWxsIGJ1 c2luZXNzZX MuIFRoaXMg aW5jbHVkZX MgdGhlIHBv cHVsYXIgUX VpY2tCb29r cyBhY2NvdW 50aW5nIGFu ZCBUdXJib1 RheCB0YXgg cHJlcGFyYX Rpb24gc29m dHdhcmUuIE ludHVpdCBh bHNvIG9mZm VycyBhIHJh bmdlIG9mIG 90aGVyIGZp bmFuY2lhbC BtYW5hZ2Vt ZW50IGFuZC BvbmxpbmUg cGF5bWVudC Bzb2x1dGlv bnMsIGFzIH dlbGwgYXMg c2VydmljZX MgZm9yIGlu ZGl2aWR1YW xzIGFuZCBi dXNpbmVzc2 VzIHRvIG1h bmFnZSB0aG VpciBwZXJz b25hbCBhbm QgYnVzaW5l c3MgZmluYW 5jZXMuIFRo ZSBjb21wYW 55IHByaW1h cmlseSBnZW 5lcmF0ZXMg cmV2ZW51ZS B0aHJvdWdo IHRoZSBzYW xlIGFuZCBz dWJzY3JpcH Rpb24gb2Yg aXRzIHNvZn R3YXJlIGFu ZCBzZXJ2aW NlcywgYXMg d2VsbCBhcy BmZWVzIGZy b20gb25saW 5lIHBheW1l bnQgdHJhbn NhY3Rpb25z IGFuZCBtZX JjaGFudCBz ZXJ2aWNlcy 4gQWRkaXRp b25hbGx5LC BJbnR1aXQg b2ZmZXJzIH NlcnZpY2Vz IHN1Y2ggYX MgcHJvZmVz c2lvbmFsIH RheCBwcmVw YXJhdGlvbi BhbmQgY29u c3VsdGluZy Bmb3IgYnVz aW5lc3Nlcy BhbmQgaW5k aXZpZHVhbH MsIGFuZCBp dCBoYXMgZX hwYW5kZWQg aW50byB0aG UgaGVhbHRo Y2FyZSBtYX JrZXQgd2l0 aCBpdHMgc2 9mdHdhcmUg c29sdXRpb2 5zIGZvciBo ZWFsdGhjYX JlIHByb3Zp ZGVycy4=

AI does present potential threats to Intuit’s products, services, and competitive positioning in several ways:
1. Substitution: AI can enable the development of alternative solutions that directly compete with Intuit’s offerings, such as automated tax preparation tools or financial management apps that leverage machine learning to provide personalized insights. These AI-driven solutions can potentially offer similar or even superior functionalities at lower cost, impacting Intuit’s market share.
2. Disintermediation: With the advancement of AI, users might opt for direct, automated services that reduce reliance on traditional software. For example, AI chatbots and virtual assistants can handle customer inquiries or financial advice without needing Intuit’s software ecosystem. This shift could lead to reduced customer engagement with Intuit’s platforms.
3. Margin Pressure: As new AI-driven competitors enter the market with more efficient, cost-effective solutions, Intuit could face pressure to lower its prices to remain competitive. This scenario could squeeze profit margins, particularly if the company is heavily invested in legacy systems that are more costly to maintain and update compared to newer, agile AI technologies.
While Intuit may adopt AI to enhance its existing products and services, the rapid pace of AI innovation requires ongoing vigilance to mitigate these threats and adapt to the evolving market landscape.

Intuit Inc.’s earnings, cash flow, and valuation are influenced by changes in interest rates in several ways:
1. Earnings Sensitivity: Changes in interest rates can affect consumer and business spending. Higher interest rates may lead to reduced spending on financial products, which can negatively impact Intuit’s earnings from its software offerings like QuickBooks and TurboTax. Conversely, lower rates can stimulate spending, potentially increasing revenues.
2. Cash Flow Impact: Intuit’s cash flow can be impacted by interest rates as well. For instance, if rates rise, the cost of borrowing increases. If the company relies on debt financing, higher rates can reduce free cash flow available for investment, dividends, or stock buybacks. Alternatively, if rates decline, cash flow may improve with lower interest expenses.
3. Valuation Sensitivity: The valuation of Intuit is also sensitive to interest rate changes. Higher rates typically lead to a higher discount rate used in discounted cash flow (DCF) models, which can lower the present value of future cash flows. Investors often adjust their required returns based on interest rate environments, which can further affect Intuit’s stock price. On the other hand, lower interest rates generally lead to higher valuations as investors are willing to pay more for expected future earnings.
Overall, while Intuit’s earnings and cash flows are sensitive to interest rate fluctuations, the magnitude of the impact may vary based on the broader economic environment and the company’s specific financial strategies.

T25lIHJlYW xpc3RpYyBz Y2VuYXJpby B0aGF0IGNv dWxkIHBlcm 1hbmVudGx5 IGltcGFpci BJbnR1aXTi gJlzIGVjb2 5vbWljcyBv dmVyIHRoZS BuZXh0IDMt NSB5ZWFycy BpcyBhIHNp Z25pZmljYW 50IGFuZCBw cm9sb25nZW Qgc2hpZnQg aW4gcmVndW xhdG9yeSBl bnZpcm9ubW VudHMgYWZm ZWN0aW5nIG ZpbmFuY2lh bCB0ZWNobm 9sb2d5IGNv bXBhbmllcy wgcGFydGlj dWxhcmx5IG luIHRlcm1z IG9mIGRhdG EgcHJpdmFj eSBhbmQgdG F4IGNvbXBs aWFuY2UuID xicj5BcyBn b3Zlcm5tZW 50cyBhcm91 bmQgdGhlIH dvcmxkIGlt cGxlbWVudC BzdHJpY3Rl ciByZWd1bG F0aW9ucyBy ZWdhcmRpbm cgZGF0YSBz ZWN1cml0eS wgY29uc3Vt ZXIgcHJpdm FjeSwgYW5k IHRoZSBoYW 5kbGluZyBv ZiBzZW5zaX RpdmUgZmlu YW5jaWFsIG luZm9ybWF0 aW9uLCBJbn R1aXQgY291 bGQgZmFjZS BzdWJzdGFu dGlhbCBjb3 N0cyByZWxh dGVkIHRvIG NvbXBsaWFu Y2UuIFRoaX MgY291bGQg cmVxdWlyZS BleHRlbnNp dmUgaW52ZX N0bWVudHMg aW4gbmV3IH RlY2hub2xv Z3ksIGxlZ2 FsIGZlZXMs IGFuZCBwb3 RlbnRpYWxs eSBldmVuIG ZpbmVzIG9y IHBlbmFsdG llcyBmb3Ig bm9jb21wbG lhbmNlLiA8 YnI+SW4gdG hpcyBzY2Vu YXJpbywgSW 50dWl0IG1p Z2h0IGV4cG VyaWVuY2Ug dGhlIGZvbG xvd2luZyBp bXBhY3RzIG 9uIGl0cyBm aW5hbmNpYW xzOjxicj5N YXJnaW5zOi BUaGUgY29t cGFueeKAmX Mgb3BlcmF0 aW5nIG1hcm dpbnMgY291 bGQgc2lnbm lmaWNhbnRs eSBkZWNsaW 5lIGFzIGlu Y3JlYXNlZC Bjb21wbGlh bmNlIGFuZC BvcGVyYXRp b25hbCBjb3 N0cyBvdXRw YWNlIHJldm VudWUgZ3Jv d3RoLiBJZi BJbnR1aXQg aXMgZm9yY2 VkIHRvIGlu dmVzdCBoZW F2aWx5IGlu IG5ldyBzeX N0ZW1zIG9y IHRlY2hub2 xvZ2llcyB0 byBlbnN1cm UgY29tcGxp YW5jZSwgb3 IgaWYgY3Vz dG9tZXIgY2 h1cm4gb2Nj dXJzIGR1ZS B0byB0cnVz dCBpc3N1ZX Mgd2l0aCBk YXRhIGhhbm RsaW5nLCB0 aGlzIGNvdW xkIHNxdWVl emUgbWFyZ2 lucyBmdXJ0 aGVyLjxicj 5DYXNoIEZs b3c6IENhc2 ggZmxvdyBm cm9tIG9wZX JhdGlvbnMg bWF5IHdlYW tlbiBhcyBh IHJlc3VsdC BvZiBoaWdo ZXIgZXhwZW 5kaXR1cmVz LiBJZiBjdX N0b21lciBh Y3F1aXNpdG lvbiBjb3N0 cyByaXNlIG 9yIHRoZXJl IGlzIGEgZG VjbGluZSBp biBzdWJzY3 JpcHRpb24g cmVuZXdhbH MgZHVlIHRv IHJlZ3VsYX RvcnkgY29u Y2VybnMsIH RoaXMgY291 bGQgbGVhZC B0byBtb3Jl IHNpZ25pZm ljYW50IGNh c2ggZmxvdy BjaGFsbGVu Z2VzLiBUaG UgbmVlZCB0 byBhbGxvY2 F0ZSBtb3Jl IHJlc291cm NlcyB0b3dh cmQgY29tcG xpYW5jZSBj b3VsZCB0YW tlIGF3YXkg Y2FzaCB0aG F0IHdvdWxk IG90aGVyd2 lzZSBiZSB1 c2VkIGZvci Bncm93dGgg aW5pdGlhdG l2ZXMuPGJy PkJhbGFuY2 UgU2hlZXQ6 IEludHVpdO KAmXMgYmFs YW5jZSBzaG VldCBjb3Vs ZCBleHBlcm llbmNlIHN0 cmFpbnMgaW YgY29tcGxp YW5jZSBjb3 N0cyBsZWFk IHRvIHJlZH VjZWQgcHJv Zml0YWJpbG l0eS4gSWYg dGhlIGNvbX BhbnkgaGFz IHRvIHRha2 Ugb24gZGVi dCB0byBmaW 5hbmNlIGNv bXBsaWFuY2 UtcmVsYXRl ZCBleHBlbm RpdHVyZXMs IGl0cyBsZX ZlcmFnZSBy YXRpb3MgY2 91bGQgd29y c2VuLiBGdX J0aGVybW9y ZSwgaWYgcm VndWxhdG9y eSBjaGFuZ2 VzIG5lZ2F0 aXZlbHkgaW 1wYWN0IHJl dmVudWUgZ3 Jvd3RoLCBJ bnR1aXTigJ lzIG92ZXJh bGwgYXNzZX QgYmFzZSBj b3VsZCBzdG FnbmF0ZSBv ciBldmVuIG RlY2xpbmUs IGxlYWRpbm cgdG8gYSBs ZXNzIGZhdm 9yYWJsZSB2 YWx1YXRpb2 4uPGJyPk92 ZXJhbGwsIH Nob3VsZCB0 aGlzIHNjZW 5hcmlvIG1h dGVyaWFsaX plLCBJbnR1 aXQgY291bG QgZmFjZSBh IGNoYWxsZW 5naW5nIGVj b25vbWljIG Vudmlyb25t ZW50IHRoYX Qgd291bGQg YWx0ZXIgaX RzIGdyb3d0 aCB0cmFqZW N0b3J5IGFu ZCBidXNpbm VzcyBtb2Rl bCwgbGVhZG luZyB0byBz dXN0YWluZW QgcHJlc3N1 cmUgb24gZm luYW5jaWFs IHBlcmZvcm 1hbmNlIGlu ZGljYXRvcn MuPGJyPg==

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvR1 pSVVlCOFYw cWpsMzUzV0 pHcHkud2Vi cCIgYWx0PS JJbnR1aXQi IHRpdGxlPS JJbnR1aXQi ICBjbGFzcz 0iaW1nLWZs dWlkIiBoZW lnaHQ9NTAg d2lkdGg9NT AgbG9hZGlu Zz0nbGF6eS cgc3R5bGU9 J2JvcmRlci 1yYWRpdXM6 IDZweDsnPg oKICAgICAg ICAgICAgIC AgICAgICA8 ZGl2IHN0eW xlPSdmbGV4 OiAxOyB0ZX h0LWFsaWdu OiBjZW50ZX I7IG1hcmdp bi1sZWZ0Oi A1cHg7Jz4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPHAgc3R5 bGU9J2Zvbn Qtc2l6ZTog MjZweDsgY2 9sb3I6ICMz MzM7IG1hcm dpbi1ib3R0 b206IDE1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIPCfk4gg V2FudCB0by ByZWFkIG1v cmUgYWJvdX QgSW50dWl0 PwogICAgIC AgICAgICAg ICAgICAgIC AgICA8L3A+ CgogICAgIC AgICAgICAg ICAgICAgIC AgICA8YSBo cmVmPSdpbm RleC5waHA/ cGFnZT1zaW dudXAnIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJhY2 tncm91bmQt Y29sb3I6IC MwMDdCRkY7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBj b2xvcjogI2 ZmZjsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH ggMjBweDsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGJv cmRlci1yYW RpdXM6IDVw eDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHRleHQtZG Vjb3JhdGlv bjogbm9uZT sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG ZvbnQtd2Vp Z2h0OiBib2 xkOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgbWFyZ2lu LXJpZ2h0Oi AxMHB4Owog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgdHJh bnNpdGlvbj ogYmFja2dy b3VuZC1jb2 xvciAwLjNz IGVhc2U7Jw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgb2 5tb3VzZW92 ZXI9J3RoaX Muc3R5bGUu YmFja2dyb3 VuZENvbG9y PSIjMDA1Nm IzIicKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIG9ubW91 c2VvdXQ9J3 RoaXMuc3R5 bGUuYmFja2 dyb3VuZENv bG9yPSIjMD A3QkZGIic+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBT aWduIHVwIG ZvciBmcmVl CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDwvYT4K CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxzcGFu IHN0eWxlPS dtYXJnaW46 IDAgOHB4Oy Bjb2xvcjog IzU1NTsnPm 9yPC9zcGFu PgoKICAgIC AgICAgICAg ICAgICAgIC AgICAgPGEg aHJlZj0naW 5kZXgucGhw P3BhZ2U9bG 9naW4nIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGNvbG 9yOiAjMDA3 QkZGOwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdGV4dC 1kZWNvcmF0 aW9uOiB1bm RlcmxpbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogNTAw Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBsb2cgaW 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9hPg oKCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxwIH N0eWxlPSdt YXJnaW4tdG 9wOiAxNXB4 OyBmb250LX NpemU6IDEz cHg7IGZvbn Qtd2VpZ2h0 OiBib2xkOy Bjb2xvcjog I2QzMmYyZj snPgogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Ag8J+ZjCBK b2luIG5vdy B0byBnZXQg PGk+IlRoZS BDaGVja2xp c3QgVmFsdW UgSW52ZXN0 b3Ig4oCUIE EgU21hcnRl ciBXYXkgdG 8gUGljayBT dG9ja3MiPC 9pPiBhdCBu byBjb3N0Ci AgICAgICAg ICAgICAgIC AgICAgICAg IDwvcD4KCi AgICAgICAg ICAgICAgIC AgICAgICAg IDwhLS0KIC AgICAgICAg ICAgICAgIC AgICAgICAg PGRpdiBzdH lsZT0nbWFy Z2luLXRvcD ogMTJweDsg Zm9udC1zaX plOiAxM3B4 OyBjb2xvcj ogIzQ0NDsn PgogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg U2lnbiB1cC Bub3cgYW5k IGdldCBvdX IgZnJlZSBl Qm9vayAKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIDxiPl RoZSBDaGVj a2xpc3QgVm FsdWUgSW52 ZXN0b3Ig4o CUIEEgU21h cnRlciBXYX kgdG8gUGlj ayBTdG9ja3 M8L2I+CiAg ICAgICAgIC AgICAgICAg ICAgICAgID wvZGl2Pgog ICAgICAgIC AgICAgICAg ICAgICAgIC AtLT4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPC EtLQogICAg ICAgICAgIC AgICAgICAg ICAgICA8ZG l2IHN0eWxl PSdtYXJnaW 4tdG9wOiAx NnB4OyBmb2 50LXNpemU6 IDE0cHg7IG NvbG9yOiAj NDQ0OyBmb2 50LWZhbWls eTogLWFwcG xlLXN5c3Rl bSwgQmxpbm tNYWNTeXN0 ZW1Gb250LC BTZWdvZSBV SSwgUm9ib3 RvLCBIZWx2 ZXRpY2EgTm V1ZSwgc2Fu cy1zZXJpZj sgbGluZS1o ZWlnaHQ6ID EuNjsnPgog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgSGF2 ZSB5b3UgaG VhcmQgYWJv dXQgb3VyIH Nob3J0IDxz dHJvbmcgc3 R5bGU9J2Zv bnQtd2VpZ2 h0OiA2MDA7 Jz5EYWlseS BWaWRlbyBO ZXdzbGV0dG VyPC9zdHJv bmc+PwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naHR0 cHM6Ly93d3 cuaW5zaWdo dGZ1bHZhbH VlLmNvbS9u ZXdzbGV0dG VyLnBocCcg dGFyZ2V0PS dfYmxhbmsn IHN0eWxlPS djb2xvcjog IzAwN0JGRj sgdGV4dC1k ZWNvcmF0aW 9uOiBub25l OyBmb250LX dlaWdodDog NTAwOyBtYX JnaW4tbGVm dDogNnB4Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgRmlu ZCBvdXQgbW 9yZQogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9hPgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2Rpdj4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgLS0+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Ci AgICAgICAg ICAgIAogIC AgICAgIAog ICAgICAgID xzcGFuIGNs YXNzPSdibH VycmVkLXRl eHQnPgogIC AgICAgICAg ICBNUzRnU1 c1MGRXIGww SUhkaGN5Qm 0gYjNWdVpH VmtJRyBsdU lERTVPRE1n IFlua2dVMk 52ZEggUWdR Mjl2YXlCaC BibVFnVkc5 dElGIEJ5Yj NWc2VDQnAg YmlCUVlXeH ZJRSBGc2RH OHNJRU5oIG JHbG1iM0p1 YVcgRXVQR0 p5UGpJdSBJ RlJvWlNCam IyIDF3WVc1 NTRvQ1ogY3 lCdmNtbG5h VyA1aGJDQn VZVzFsIElI ZGhjeUJKYm 4gUjFhWFFz SUVsdSBZeT RzSUdKMWRD IEJwZENCM1 lYTWcgWTJo aGJtZGxaQy BCMGJ5Qkpi blIxIGFYUX NJRWx1WXkg NGdhVzRnTW pBdyBNUzQ4 WW5JK015ID RnVkdobElH bGsgWldFZ1 ptOXlJRSBs dWRIVnBkQ0 JqIFlXMWxJ SFJ2SUYgTm piM1IwSUVO diBiMnNnZD JobGJpIEJv WlNCM1lYTW cgZDJGMFky aHBibSBjZ2 FHbHpJSGRw IFptVWdjM1 J5ZFcgZG5i R1VnZEc4Zy BjR0Y1SUdK cGJHIHh6SU dGdVpDQmkg WVd4aGJtTm xJSCBSb1pT Qm1ZVzFwIG JIa2dZMmhs WTIgdGliMj lyTGp4aSBj ajQwTGlCSm JuIFIxYVhU aWdKbHogSU dacGNuTjBJ SCBCeWIyUj FZM1FnIGQy RnpJR05oYk cgeGxaQ0JS ZFdsaiBhMl Z1TENCaElI IEJsY25Odm JtRnMgSUda cGJtRnVZMi BVZ2MyOW1k SGRoIGNtVW dkR2hoZEMg QmhiR3h2ZD JWayBJSFZ6 WlhKeklIIF J2SUcxaGJt Rm4gWlNCMG FHVnBjaSBC bWFXNWhibU 5sIGN5Qmhi bVFnZEggSm hZMnNnZEdo bCBhWElnWl hod1pXIDV6 WlhNdVBHSn kgUGpVdUlF bHVkSCBWcG RPS0FtWE1n IGJXOXpkQ0 IzWlcgeHNM V3R1YjNkdS BJSEJ5YjJS MVkzIFFnYV hNZ1ZIVnkg WW05VVlYZ3 NJRyBFZ2RH RjRJSEJ5IF pYQmhjbUYw YVcgOXVJSE 52Wm5SMyBZ WEpsSUhSb1 lYIFFnYUdW c2NITWcgYV c1a2FYWnBa SCBWaGJITW dZVzVrIElH SjFjMmx1Wl ggTnpaWE1n Wm1scyBaU0 IwYUdWcGNp IEIwWVhobG N5NDggWW5J K05pNGdTVy A0Z1lXUmth WFJwIGIyNG dkRzhnVVgg VnBZMnRsYm lCaCBibVFn VkhWeVltID lVWVhnc0lF bHUgZEhWcG RDQmhiSCBO dklHOW1abV Z5IGN5QnZk R2hsY2kgQm 1hVzVoYm1O cCBZV3dnWV c1a0lHIEox YzJsdVpYTn ogSUcxaGJt Rm5aVyAxbG JuUWdkRzl2 IGJITWdjM1 ZqYUMgQmhj eUJSZFdsai BhMEp2YjJ0 ekxDIEJOYV c1MExDQmgg Ym1RZ1VISn ZRMiA5dWJt VmpkQzQ4IF luSStOeTRn U1cgNTBkV2 wwSUdoaCBj eUJpWldWdU lHIDVoYldW a0lHOXUgWl NCdlppQjBh RyBVZ01UQX dJRUpsIGMz UWdRMjl0Y0 cgRnVhV1Z6 SUhSdiBJRm R2Y21zZ1Jt IDl5SUdKNU lFWnYgY25S MWJtVWdiVy BGbllYcHBi bVVnIFptOX lJREU0SUcg TnZibk5sWT NWMCBhWFps SUhsbFlYIE p6TGp4aWNq NDQgTGlCVW FHVWdZMiA5 dGNHRnVlU0 JvIFlYTWdi M1psY2kgQT BNQ0J0YVd4 cyBhVzl1SU hWelpYIEp6 SUc5bUlHbD AgY3lCd2Nt OWtkVyBOMG N5QmhibVFn IGMyVnlkbW xqWlggTWdk Mjl5YkdSMy BhV1JsTGp4 aWNqIDQ1TG lCSmJuUjEg YVhUaWdKbH pJSCBKbGRt VnVkV1VnIG FXNGdNakF5 TUMgQjNZWE 1nSkRjdSBO amdnWW1sc2 JHIGx2Ymk0 OFluSSsgTV RBdUlFbHVJ RCBJd01qQX NJRWx1IGRI VnBkQ0JoWT MgRjFhWEps WkNCRCBjbV ZrYVhRZ1My IEZ5YldFZ1 ptOXkgSUNR M0xqRWdZbS Bsc2JHbHZi aXdnIFpYaH dZVzVrYVcg NW5JR2wwY3 lCeiBaWEoy YVdObGN5IE IwYnlCcGJt TnMgZFdSbE lHTnlaVyBS cGRDQnpZMj l5IFpTQjBj bUZqYTIgbH VaeUJoYm1R ZyBjbVZ3Yj NKMGFXIDVu TGp4aWNqNH ggTVM0Z1ZH aGxJRyBOdm JYQmhibmtn IGFHRnpJR0 VnWm0gOWpk WE1nYjI0Zy BaR2wyWlhK emFYIFI1SU dGdVpDQnAg Ym1Oc2RYTn BiMiA0c0lI ZHBkR2dnIG IzWmxjaUEw TlMgVWdiMl lnYVhSeiBJ R1Z0Y0d4dm VXIFZsY3lC aVpXbHUgWn lCM2IyMWxi aSBCaGJtUW diM1psIGNp QXpNQ1VnWW 0gVnBibWNn Y0dWdiBjR3 hsSUc5bUlH IE52Ykc5eU xqeGkgY2o0 eE1pNGdTVy A1MGRXbDA0 b0NaIGN5Qm 9aV0ZrY1gg VmhjblJsY2 5NZyBhVzRn VFc5MWJuIF JoYVc0Z1Zt bGwgZHl3Z1 EyRnNhVyBa dmNtNXBZU0 JwIGN5Qmhi SE52SUcgdH ViM2R1SUdG eiBJRWx1ZE hWcGRDIEJF YjIxbElHUj EgWlNCMGJ5 QnBkSCBNZ2 RXNXBjWFZs IElHOTJZV3 dnYzIgaGhj R1V1UEdKeS BQakV6TGlC VWFHIFVnWT I5dGNHRnUg ZVNCb1lYTW dZUyBCemRI SnZibWNnIF kyOXRiV2ww YlcgVnVkQ0 IwYnlCeiBk WE4wWVdsdV lXIEpwYkds MGVTQmggYm 1RZ2FHRnpJ SCBObGRDQm hJR2R2IFlX d2dkRzhnY2 0gVmhZMmdn Ym1WMCBMWH BsY204Z1pX IDFwYzNOcG IyNXogSUdK NUlESXdNei BBdVBHSnlQ akUwIExpQk piblIxYVgg UWdhR0Z6SU dKbCBaVzRn Y21WamIyIG R1YVhwbFpD Qm0gYjNJZ2 FYUnpJRyBs dWJtOTJZWF JwIGIyNGdZ VzVrSUggZG hjeUJ1WVcx bCBaQ0J2Ym 1VZ2IyIFln ZEdobElGZH YgY214azRv Q1pjeSBCTm IzTjBJRWx1 IGJtOTJZWF JwZG0gVWdR Mjl0Y0dGdS BhV1Z6SUdK NUlFIFp2Y2 1KbGN5QnAg YmlBeU1ERT VMaiB4aWNq NHhOUzRnIF NXNTBkV2ww SUcgaGhjeU JoSUhsbCBZ WEpzZVNCbG RtIFZ1ZENC allXeHMgWl dRZ1NXNTBk VyBsMElFbH VibTkyIFlY UnBiMjRnUj IgRnNiR1Z5 ZVNCWCBZV3 hySUhkb1pY IEpsSUdWdG NHeHYgZVdW bGN5QmpZVy A0Z2MyaHZk Mk5oIGMyVW dkR2hsYVgg SWdZM0psWV hScCBiMjV6 SUdGdVpDIE JwWkdWaGN5 QjAgYnlCam IyMXdZVyA1 NUlHVjRaV0 4xIGRHbDJa WE11CiAgIC AgICAgPC9z cGFuPgogIC AgICAgIAog ICAgICAgIA ==