Loomis

Live  

The Loomis company is a global cash handling and security solutions provider. The company was founded in 1985 in Stockholm, Sweden and has since expanded to operate in over 400 locations in more than 20 countries.
Their main services include cash management, cash-in-transit, and international valuables transportation. Loomis also offers ATM services, cash supply chain management, and electronic security systems. These services are utilized by financial institutions, retailers, government agencies, and other businesses that handle large amounts of cash.
The company is known for its advanced security technology and highly trained personnel to ensure the safe transportation and processing of cash and valuables. Loomis has a strong focus on customer service and tailors their solutions to meet the specific needs of each client.
In addition to their core services, Loomis is committed to sustainability and has implemented initiatives to reduce their environmental impact, such as using armored vehicles with low emissions and introducing electronic payment options for their customers.
Overall, the Loomis company is a trusted partner for businesses looking to secure their assets and manage their cash flow efficiently.

TG9vbWlzIG lzIGEgY29t cGFueSB0aG F0IGhlbHBz IGtlZXAgbW 9uZXkgc2Fm ZSBhbmQgbW 92aW5nIGFy b3VuZC4gSW 1hZ2luZSBp ZiB5b3UgaG FkIGEgc3Bl Y2lhbCBiYW 5rIHdoZXJl IHlvdSBrZW VwIGFsbCB5 b3VyIG1vbm V5LCBidXQg c29tZXRpbW VzIHlvdSBu ZWVkIHRvIH Rha2UgaXQg b3V0IG9yIG JyaW5nIG1v cmUgaW4uIE xvb21pcyBp cyBsaWtlIG EgaGVscGVy IGZvciBiYW 5rcyBhbmQg YnVzaW5lc3 NlcyB0byBt YW5hZ2UgdG hlaXIgbW9u ZXkuIFRoZX kgaGF2ZSBi aWcgdHJ1Y2 tzIHRoYXQg dHJhbnNwb3 J0IGNhc2gg YW5kIGNvaW 5zIGZyb20g b25lIHBsYW NlIHRvIGFu b3RoZXIuID xicj5Mb29t aXMgbWFrZX MgbW9uZXkg YnkgY2hhcm dpbmcgYmFu a3MgYW5kIG J1c2luZXNz ZXMgYSBmZW UgZm9yIHRo ZXNlIHNlcn ZpY2VzLiBX aGVuIGEgc3 RvcmUgbmVl ZHMgdG8gZ2 V0IG1vcmUg Y2FzaCBmb3 IgaXRzIHJl Z2lzdGVycy wgb3IgaWYg YSBiYW5rIG 5lZWRzIHRv IHNlbmQgbW 9uZXkgdG8g YW5vdGhlci Bsb2NhdGlv biwgTG9vbW lzIGNvbWVz IHRvIHRoZS ByZXNjdWUh IFRoZXkgYW xzbyBoZWxw IHdpdGggY2 91bnRpbmcg bW9uZXksIH N0b3Jpbmcg aXQgc2FmZW x5LCBhbmQg ZXZlbiB0YW tpbmcgY2Fy ZSBvZiBsb2 NrZXJzIHRo YXQgaG9sZC Btb25leS48 YnI+VGhlIH JlYXNvbiBM b29taXMgaX Mgc3VjY2Vz c2Z1bCBpcy B0aGF0IHBl b3BsZSBhbm QgYnVzaW5l c3NlcyB3aW xsIGFsd2F5 cyBuZWVkIG hlbHAgd2l0 aCBtb25leS 4gRXZlbiBp biBhIHdvcm xkIHdoZXJl IG1vcmUgYW 5kIG1vcmUg cGVvcGxlIG FyZSB1c2lu ZyBjYXJkcy BhbmQgZGln aXRhbCBtb2 5leSwgdGhl cmUgd2lsbC BhbHdheXMg YmUgcGxhY2 VzIHRoYXQg bmVlZCByZW FsIGNhc2gu IExvb21pcy BoYXMgYnVp bHQgdXAgYS Bsb3Qgb2Yg dHJ1c3Qgb3 ZlciB0aGUg eWVhcnMuIF RoZXkgaGF2 ZSBnb29kIH N5c3RlbXMg aW4gcGxhY2 UgdG8ga2Vl cCB0aGUgbW 9uZXkgc2Fm ZSwgYW5kIH RoYXQgbWFr ZXMgY3VzdG 9tZXJzIHdh bnQgdG8gdX NlIHRoZWly IHNlcnZpY2 VzLjxicj5J biB0aGUgZn V0dXJlLCBM b29taXMgd2 lsbCBsaWtl bHkgc3RheS BzdWNjZXNz ZnVsIGJlY2 F1c2UgdGhl eeKAmXJlIG Fsd2F5cyBp bXByb3Zpbm cgaG93IHRo ZXkgd29yay 4gVGhleSBs b29rIGZvci BuZXcgd2F5 cyB0byBoZW xwIGN1c3Rv bWVycyBhbm Qga2VlcCB1 cCB3aXRoIH RlY2hub2xv Z3kuIFBsdX MsIG1vbmV5 IGlzIGFsd2 F5cyBnb2lu ZyB0byBleG lzdCBpbiBz b21lIGZvcm 0uIEFzIGxv bmcgYXMgcG VvcGxlIG5l ZWQgY2FzaC BhbmQgaGVs cCB3aXRoIG hhbmRsaW5n IGl0LCBMb2 9taXMgd2ls bCBiZSB0aG VyZSB0byBw cm92aWRlIH RoYXQgc2Vy dmljZSE8Yn I+

MS4gQSBMb2 5nIEhpc3Rv cnkgb2YgRX hjZWxsZW5j ZTogVGhlIE xvb21pcyBj b21wYW55IH dhcyBmb3Vu ZGVkIGluID E4NTIgYW5k IGhhcyBiZW VuIGluIGJ1 c2luZXNzIG ZvciBvdmVy IDE2OSB5ZW Fycy4gVGhp cyBnaXZlcy B0aGVtIGEg bG9uZy1zdG FuZGluZyBy ZXB1dGF0aW 9uIGZvciBl eGNlbGxlbm NlIGFuZCBy ZWxpYWJpbG l0eS48YnI+ Mi4gR2xvYm FsIFByZXNl bmNlOiBMb2 9taXMgaGFz IGEgZ2xvYm FsIHByZXNl bmNlIHdpdG ggb3BlcmF0 aW9ucyBpbi Btb3JlIHRo YW4gMjAgY2 91bnRyaWVz LCBtYWtpbm cgdGhlbSBv bmUgb2YgdG hlIGxhcmdl c3QgYW5kIG 1vc3QgdHJ1 c3RlZCBjYX NoLWhhbmRs aW5nIGNvbX BhbmllcyBp biB0aGUgd2 9ybGQuPGJy PjMuIElubm 92YXRpdmUg U2VjdXJpdH kgU29sdXRp b25zOiBMb2 9taXMgaXMg Y29udGludW 91c2x5IGRl dmVsb3Bpbm cgYW5kIGlt cGxlbWVudG luZyBjdXR0 aW5nLWVkZ2 UgdGVjaG5v bG9naWVzIH RvIHByb3Rl Y3QgYW5kIH RyYW5zcG9y dCBjYXNoIG FuZCB2YWx1 YWJsZXMgZm 9yIHRoZWly IGNsaWVudH MsIG1ha2lu ZyB0aGVtIG EgbGVhZGVy IGluIHRoZS BzZWN1cml0 eSBpbmR1c3 RyeS48YnI+ NC4gSGlnaG x5LVRyYWlu ZWQgUGVyc2 9ubmVsOiBM b29taXMgaG FzIGEgaGln aGx5LXRyYW luZWQgYW5k IGV4cGVyaW VuY2VkIHRl YW0gb2YgcH JvZmVzc2lv bmFscyB3aG 8gdW5kZXJn byByZWd1bG FyIHRyYWlu aW5nIHRvIG Vuc3VyZSB0 aGUgaGlnaG VzdCBsZXZl bHMgb2Ygc2 VjdXJpdHks IGVmZmljaW VuY3ksIGFu ZCBjdXN0b2 1lciBzZXJ2 aWNlLjxicj 41LiBEaXZl cnNlIFJhbm dlIG9mIFNl cnZpY2VzOi BMb29taXMg b2ZmZXJzIG Egd2lkZSBy YW5nZSBvZi BzZXJ2aWNl cywgaW5jbH VkaW5nIGNh c2ggbWFuYW dlbWVudCwg c2VjdXJlIH RyYW5zcG9y dGF0aW9uLC BBVE0gc2Vy dmljZXMsIG FuZCBpbnRl cm5hdGlvbm FsIHZhbHVh YmxlcyB0cm Fuc3BvcnRh dGlvbiwgY2 F0ZXJpbmcg dG8gdGhlIG 5lZWRzIG9m IHZhcmlvdX MgaW5kdXN0 cmllcyBhbm QgYnVzaW5l c3Nlcy48Yn I+Ni4gQ29t bWl0bWVudC B0byBTdXN0 YWluYWJpbG l0eTogTG9v bWlzIGlzIG NvbW1pdHRl ZCB0byBzdX N0YWluYWJp bGl0eSBhbm QgaGFzIGlt cGxlbWVudG VkIHZhcmlv dXMgZWNvLW ZyaWVuZGx5 IGluaXRpYX RpdmVzIHRv IHJlZHVjZS B0aGVpciBj YXJib24gZm 9vdHByaW50 LCBtYWtpbm cgdGhlbSBh IHJlc3Bvbn NpYmxlIGFu ZCBzb2NpYW xseS1jb25z Y2lvdXMgY2 9tcGFueS48 YnI+Ny4gU3 RyaWN0IEFk aGVyZW5jZS B0byBSZWd1 bGF0b3J5IF N0YW5kYXJk czogTG9vbW lzIGFkaGVy ZXMgdG8gc3 RyaWN0IHJl Z3VsYXRvcn kgc3RhbmRh cmRzIGFuZC Bjb21wbGll cyB3aXRoIG FsbCBsYXdz IGFuZCByZW d1bGF0aW9u cyBnb3Zlcm 5pbmcgY2Fz aCBoYW5kbG luZyBhbmQg dHJhbnNwb3 J0YXRpb24s IGVuc3VyaW 5nIHRoZSBz YWZldHkgYW 5kIHNlY3Vy aXR5IG9mIH RoZWlyIGNs aWVudHPigJ kgYXNzZXRz Ljxicj44Li BTdHJvbmcg Rm9jdXMgb2 4gQ3VzdG9t ZXIgU2F0aX NmYWN0aW9u OiBMb29taX MgaGFzIGEg c3Ryb25nIG ZvY3VzIG9u IGN1c3RvbW VyIHNhdGlz ZmFjdGlvbi wgYW5kIHRo ZWlyIGRlZG ljYXRpb24g dG8gcHJvdm lkaW5nIGV4 Y2VwdGlvbm FsIHNlcnZp Y2UgaGFzIG Vhcm5lZCB0 aGVtIGEgcm VwdXRhdGlv biBhcyBhIH RydXN0ZWQg YW5kIHJlbG lhYmxlIHBh cnRuZXIgZm 9yIGJ1c2lu ZXNzZXMgb2 YgYWxsIHNp emVzLg==

VGhlIExvb2 1pcyBjb21w YW55IGlzIG EgbXVsdGlu YXRpb25hbC BjYXNoIGhh bmRsaW5nIG FuZCBzZWN1 cml0eSBzb2 x1dGlvbnMg cHJvdmlkZX IuIFRoZWly IGJ1c2luZX NzIG1vZGVs IGlzIHRvIH Byb3ZpZGUg c2VjdXJlIG FuZCBlZmZp Y2llbnQgc2 9sdXRpb25z IGZvciBtYW 5hZ2luZyBh bmQgdHJhbn Nwb3J0aW5n IGNhc2ggYW 5kIG90aGVy IHZhbHVhYm xlcyBmb3Ig dmFyaW91cy BpbmR1c3Ry aWVzLCBpbm NsdWRpbmcg YmFua3MsIH JldGFpbGVy cywgYW5kIG 90aGVyIGJ1 c2luZXNzZX MuPGJyPlRo ZWlyIG1haW 4gc2Vydmlj ZXMgaW5jbH VkZSBjYXNo IGxvZ2lzdG ljcywgd2hp Y2ggaW52b2 x2ZXMgdGhl IGNvbGxlY3 Rpb24sIHRy YW5zcG9ydG F0aW9uLCBh bmQgcHJvY2 Vzc2luZyBv ZiBjYXNoLC BhcyB3ZWxs IGFzIEFUTS ByZXBsZW5p c2htZW50IG FuZCBtYWlu dGVuYW5jZS 4gVGhleSBh bHNvIG9mZm VyIHRlY2hu b2xvZ3kgc2 9sdXRpb25z LCBzdWNoIG FzIGNhc2gg YXV0b21hdG lvbiBzeXN0 ZW1zLCBlbG VjdHJvbmlj IGNhc2ggbW FuYWdlbWVu dCBzeXN0ZW 1zLCBhbmQg Y2FzaCByZW N5Y2xpbmcg bWFjaGluZX MuPGJyPklu IGFkZGl0aW 9uLCBMb29t aXMgcHJvdm lkZXMgc2Vj dXJpdHkgc2 VydmljZXMs IGluY2x1ZG luZyByaXNr IG1hbmFnZW 1lbnQsIHBo eXNpY2FsIH NlY3VyaXR5 LCBhbmQgdH JhaW5pbmcs IHRvIGVuc3 VyZSB0aGUg c2FmZSBhbm Qgc2VjdXJl IGhhbmRsaW 5nIG9mIGNh c2ggYW5kIH ZhbHVhYmxl cy48YnI+VG hlaXIgYnVz aW5lc3MgbW 9kZWwgaXMg Y2VudGVyZW QgYXJvdW5k IHByb3ZpZG luZyBzZWN1 cmUgYW5kIH JlbGlhYmxl IHNlcnZpY2 VzIHRvIHRo ZWlyIGNsaW VudHMsIHdo aWxlIGFsc2 8gY29uc3Rh bnRseSBpbm 5vdmF0aW5n IGFuZCBpbn RlZ3JhdGlu ZyB0ZWNobm 9sb2d5IHRv IGltcHJvdm UgZWZmaWNp ZW5jeSBhbm QgcmVkdWNl IGNvc3RzLi BMb29taXMg YWxzbyBmb2 N1c2VzIG9u IGJ1aWxkaW 5nIHN0cm9u ZyByZWxhdG lvbnNoaXBz IHdpdGggdG hlaXIgY2xp ZW50cyBhbm QgbWFpbnRh aW5pbmcgaG lnaCBzdGFu ZGFyZHMgb2 YgcHJvZmVz c2lvbmFsaX NtIGFuZCBp bnRlZ3JpdH kgaW4gdGhl aXIgb3Blcm F0aW9ucy4=

AI has the potential to impact the Loomis company and its offerings in several ways, but the extent of the threat will depend on various factors specific to the industry and market dynamics.
1. Substitution: AI technologies could lead to the development of new products or services that might substitute Loomis’s offerings. For example, advancements in cash-handling technology or electronic payment systems could diminish the need for physical cash transportation and handling, which is a core part of Loomis’s business. If customers shift towards digital transactions and automated cash management solutions, Loomis may face challenges in retaining its market share.
2. Disintermediation: AI could facilitate more direct transactions between customers and service providers, potentially leading to disintermediation. For instance, if companies can manage their own cash logistics through AI-driven platforms, they may choose to bypass traditional service providers like Loomis. This could reduce demand for Loomis’s services and impact its profits and competitive positioning.
3. Margin Pressure: The integration of AI could lead to increased competition from new entrants who leverage technology to offer similar services at lower costs. If competitors use AI to optimize operations, reduce costs, and enhance service delivery, Loomis might experience margin pressure. Traditional service models may need to adapt to incorporate AI-driven efficiencies, requiring investment in technology and skills that could strain financial resources in the short term.
Overall, while AI presents potential threats to Loomis’s products, services, and competitive positioning, the company’s ability to adapt to these changes through innovation and strategic planning will determine its resilience and long-term sustainability in the market.

The sensitivity of Loomis company’s earnings, cash flow, and valuation to changes in interest rates can be analyzed from a few key perspectives:
1. Earnings Sensitivity: Loomis, like many companies, can be affected by interest rate changes, especially if its operations involve borrowing or investment in interest-sensitive assets. Higher interest rates could increase the cost of borrowing, leading to higher interest expenses, which can negatively impact net earnings. Conversely, if the company has cash reserves or investments that benefit from higher interest rates, it might see an increase in interest income.
2. Cash Flow Impact: Changes in interest rates can influence Loomis’ cash flow. Increased rates may reduce cash inflows from investments and increase cash outflows due to higher financing costs. This can affect the company’s ability to fund operations, invest in growth, or return capital to shareholders. Furthermore, if customer demand is sensitive to interest rates, changes can impact revenue, further affecting cash flow.
3. Valuation Effects: Valuation models, such as discounted cash flow (DCF), use interest rates as a critical component. Higher interest rates generally lead to a higher discount rate, which reduces the present value of future cash flows. This can result in a lower valuation for the company. Investors typically demand higher returns in a high-interest-rate environment, which could also impact the stock price negatively.
In summary, Loomis’ earnings, cash flow, and valuation are interconnected and can be significantly affected by changes in interest rates. The exact sensitivity will depend on the company’s financial structure, the nature of its operations, and the broader economic environment.

QSByZWFsaX N0aWMgc2Nl bmFyaW8gb3 ZlciB0aGUg bmV4dCAz4o CTNSB5ZWFy cyB0aGF0IG NvdWxkIHBl cm1hbmVudG x5IGltcGFp ciBMb29taX PigJkgZWNv bm9taWNzIG lzIGEgc2ln bmlmaWNhbn QgYW5kIHN1 c3RhaW5lZC BzaGlmdCBh d2F5IGZyb2 0gY2FzaCB0 cmFuc2FjdG lvbnMsIGRy aXZlbiBieS BhZHZhbmNl bWVudHMgaW 4gZGlnaXRh bCBwYXltZW 50IHRlY2hu b2xvZ2llcy BhbmQgY2hh bmdlcyBpbi Bjb25zdW1l ciBiZWhhdm lvci4gSWYg ZGlnaXRhbC BwYXltZW50 cyBiZWNvbW UgdGhlIGRv bWluYW50IG 1ldGhvZCBv ZiB0cmFuc2 FjdGlvbiBk dWUgdG8gaW 1wcm92ZW1l bnRzIGluIH NlY3VyaXR5 LCBjb252ZW 5pZW5jZSwg YW5kIGFjY2 VwdGFuY2Ug YW1vbmcgYn VzaW5lc3Nl cywgdGhlIG RlbWFuZCBm b3IgY2FzaC BoYW5kbGlu ZyBzZXJ2aW NlcyBjb3Vs ZCBkZWNsaW 5lIHNoYXJw bHkuPGJyPk luIHRoaXMg c2NlbmFyaW 8sIExvb21p cyB3b3VsZC BmYWNlIHJl ZHVjZWQgcm V2ZW51ZSBh cyBpdHMgY2 9yZSBjYXNo LWl0cmFuc2 l0IGFuZCBj YXNoLXByb2 Nlc3Npbmcg c2VydmljZX Mgd291bGQg c2VlIGRpbW luaXNoZWQg ZGVtYW5kLi BBcyBidXNp bmVzc2VzIG luY3JlYXNp bmdseSBhZG 9wdCBkaWdp dGFsIHNvbH V0aW9ucywg dGhlIGNvbX BhbnnigJlz IHRyYWRpdG lvbmFsIG1h cmtldHMgd2 91bGQgc2hy aW5rLCByZX N1bHRpbmcg aW4gZGVjcm Vhc2VkIG1h cmtldCBwZW 5ldHJhdGlv biBhbmQgZm 9yY2luZyBM b29taXMgdG 8gcmVkdWNl IGl0cyBwcm ljaW5nIHRv IHJlbWFpbi Bjb21wZXRp dGl2ZSwgZn VydGhlciBz cXVlZXppbm cgbWFyZ2lu cy48YnI+SW YgdGhpcyBz Y2VuYXJpby BwbGF5cyBv dXQsIExvb2 1pc+KAmSBt YXJnaW5zIH dvdWxkIGxp a2VseSBkZW NsaW5lIHNp Z25pZmljYW 50bHksIHJl ZmxlY3Rpbm cgYm90aCBs b3dlciByZX ZlbnVlcyBh bmQgdGhlIG ZpeGVkIGNv c3RzIGFzc2 9jaWF0ZWQg d2l0aCBtYW ludGFpbmlu ZyBvcGVyYX Rpb25hbCBj YXBhY2l0eS 4gVGhlIHBy ZXNzdXJlIG 9uIG1hcmdp bnMgY291bG QgbGVhZCB0 byBhIGRyb3 AgaW4gcHJv Zml0YWJpbG l0eSwgd2l0 aCBvcGVyYX RpbmcgbWFy Z2lucyBwb3 RlbnRpYWxs eSBmYWxsaW 5nIGJlbG93 IGluZHVzdH J5IHN0YW5k YXJkcyBhcy B0aGUgY29t cGFueSBzdH J1Z2dsZXMg dG8gYWRhcH QgaXRzIGNv c3Qgc3RydW N0dXJlIHRv IHRoZSBuZX cgbWFya2V0 IGR5bmFtaW NzLjxicj5D YXNoIGZsb3 cgd291bGQg ZGV0ZXJpb3 JhdGUgYXMg YSByZXN1bH Qgb2YgcmVk dWNlZCByZX ZlbnVlcyBh bmQgcHJvZm l0YWJpbGl0 eS4gV2l0aC Bsb3dlciBj YXNoIGluZm xvd3MgZnJv bSBvcGVyYX Rpb25zLCBM b29taXMgbW F5IGV4cGVy aWVuY2UgY2 hhbGxlbmdl cyBpbiBtZW V0aW5nIGl0 cyBmaW5hbm NpYWwgb2Js aWdhdGlvbn MsIHdoaWNo IGNvdWxkIG Fsc28gaW1w ZWRlIGludm VzdG1lbnQg aW4gbmV3IH RlY2hub2xv Z2llcyBvci BkaXZlcnNp ZmljYXRpb2 4gZWZmb3J0 cyBpbnRlbm RlZCB0byBv ZmZzZXQgZG VjbGluaW5n IGNhc2ggaG FuZGxpbmcg cmV2ZW51ZX MuIFRoaXMg c2NlbmFyaW 8gY291bGQg YWxzbyBsZW FkIHRvIGhp Z2hlciBvcG VyYXRpbmcg bGV2ZXJhZ2 UsIGZ1cnRo ZXIgZXhhY2 VyYmF0aW5n IGNhc2ggZm xvdyBpc3N1 ZXMgaWYgdG hlIGNvbXBh bnkgY2Fubm 90IHN3aWZ0 bHkgYWxpZ2 4gaXRzIGNv c3Qgc3RydW N0dXJlIHdp dGggcmVkdW NlZCBkZW1h bmQuPGJyPk 9uIHRoZSBi YWxhbmNlIH NoZWV0LCBM b29taXMgd2 91bGQgZmFj ZSBpbmNyZW FzZWQgbGV2 ZXJhZ2UgYX MgYXNzZXQg dmFsdWVzIG NvdWxkIGRl Y2xpbmUgYW 5kIHBvc3Np Ymx5IG5lY2 Vzc2l0YXRl IGltcGFpcm 1lbnRzIG9u IGNhc2gtcm VsYXRlZCBh c3NldHMsIH N1Y2ggYXMg Y2FzaCBwcm 9jZXNzaW5n IGNlbnRlcn MuIElmIHRo ZSBjb21wYW 55IHRha2Vz IG9uIGFkZG l0aW9uYWwg ZGVidCB0by B3ZWF0aGVy IHRoZSB0cm Fuc2l0aW9u IG9yIGludm VzdCBpbiBu b3ZlbCBzZX J2aWNlcywg aXRzIGRlYn QtdG8tZXF1 aXR5IHJhdG lvIG1heSB3 b3JzZW4sIG luZGljYXRp bmcgYSBzdH JhaW5lZCBm aW5hbmNpYW wgcG9zaXRp b24uIEFkZG l0aW9uYWxs eSwgdGFuZ2 libGUgYXNz ZXRzIHRpZW QgdG8gcGh5 c2ljYWwgY2 FzaCBoYW5k bGluZyBhbm QgbG9naXN0 aWNzIG1heS BkZWNyZWFz ZSBpbiB2YW x1ZSwgZnVy dGhlciBpbX BhY3Rpbmcg b3ZlcmFsbC Bhc3NldCBx dWFsaXR5IG FuZCB0aGUg Y29tcGFuee KAmXMgZXF1 aXR5IHBvc2 l0aW9uLjxi cj5JbiBzdW 1tYXJ5LCB0 aGUgc2hpZn QgYXdheSBm cm9tIGNhc2 ggdHJhbnNh Y3Rpb25zIG NvdWxkIGxl YWQgdG8gc2 lnbmlmaWNh bnRseSBsb3 dlciBtYXJn aW5zLCBkZX RlcmlvcmF0 aW5nIGNhc2 ggZmxvdywg YW5kIGEgd2 Vha2VuZWQg YmFsYW5jZS BzaGVldCBm b3IgTG9vbW lzLCBwb3Np bmcgbG9uZy 10ZXJtIGNo YWxsZW5nZX MgdG8gaXRz IGVjb25vbW ljIHZpYWJp bGl0eSBpZi BpdCBjYW5u b3QgYWRhcH QgdG8gdGhl IGV2b2x2aW 5nIHBheW1l bnQgbGFuZH NjYXBlLjxi cj4=

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 bG9nb3MvYm Vua3RSelpO R0w3cWFjZ3 dqajkud2Vi cCIgYWx0PS JMb29taXMi IHRpdGxlPS JMb29taXMi 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 QgTG9vbWlz 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 Ag4pyN77iP IFNpZ24gdX AgdG8gZ2V0 IDxpPiJUaG UgQ2hlY2ts aXN0IFZhbH VlIEludmVz dG9yIOKAlC BBIFNtYXJ0 ZXIgV2F5IH RvIFBpY2sg U3RvY2tzIj wvaT4gZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9wPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PCEtLQogIC AgICAgICAg ICAgICAgIC AgICAgICA8 ZGl2IHN0eW xlPSdtYXJn aW4tdG9wOi AxMnB4OyBm b250LXNpem U6IDEzcHg7 IGNvbG9yOi AjNDQ0Oyc+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBT aWduIHVwIG 5vdyBhbmQg Z2V0IG91ci BmcmVlIGVC b29rIAogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgPGI+VG hlIENoZWNr bGlzdCBWYW x1ZSBJbnZl c3RvciDigJ QgQSBTbWFy dGVyIFdheS B0byBQaWNr IFN0b2Nrcz wvYj4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPC 9kaXY+CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC 0tPgogICAg ICAgICAgIC AgICAgICAg ICAgICA8IS 0tCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxkaX Ygc3R5bGU9 J21hcmdpbi 10b3A6IDE2 cHg7IGZvbn Qtc2l6ZTog MTRweDsgY2 9sb3I6ICM0 NDQ7IGZvbn QtZmFtaWx5 OiAtYXBwbG Utc3lzdGVt LCBCbGlua0 1hY1N5c3Rl bUZvbnQsIF NlZ29lIFVJ LCBSb2JvdG 8sIEhlbHZl dGljYSBOZX VlLCBzYW5z LXNlcmlmOy BsaW5lLWhl aWdodDogMS 42Oyc+CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBIYXZl IHlvdSBoZW FyZCBhYm91 dCBvdXIgc2 hvcnQgPHN0 cm9uZyBzdH lsZT0nZm9u dC13ZWlnaH Q6IDYwMDsn PkRhaWx5IF ZpZGVvIE5l d3NsZXR0ZX I8L3N0cm9u Zz4/CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdodHRw czovL3d3dy 5pbnNpZ2h0 ZnVsdmFsdW UuY29tL25l d3NsZXR0ZX IucGhwJyB0 YXJnZXQ9J1 9ibGFuaycg c3R5bGU9J2 NvbG9yOiAj MDA3QkZGOy B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 IGZvbnQtd2 VpZ2h0OiA1 MDA7IG1hcm dpbi1sZWZ0 OiA2cHg7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBGaW5k IG91dCBtb3 JlCiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgICAgID wvZGl2Pgog ICAgICAgIC AgICAgICAg ICAgICAgIC AtLT4KICAg ICAgICAgIC AgICAgICAg ICA8L2Rpdj 4KICAgICAg ICAgICAgIC AgIDwvZGl2 PgogICAgIC AgICAgICA8 L2Rpdj4KIC AgICAgICAg ICAgCiAgIC AgICAgCiAg ICAgICAgPH NwYW4gY2xh c3M9J2JsdX JyZWQtdGV4 dCc+CiAgIC AgICAgICAg IE1TNGdWR2 hsSUUgeHZi MjFwY3lCRC BiMjF3WVc1 NUlIIGRoY3 lCbWIzVnUg WkdWa0lHbH VJRCBFNU5U VWdZbmtnIF YyRnNkR1Z5 SUUgeHZiMj FwY3l3ZyBZ U0JtYjNKdF pYIElnYzJG c1pYTnQgWV c0Z1ptOXlJ RyBFZ2JHRn laMlVnIGFX NXpkWEpoYm 0gTmxJR052 YlhCaCBibm t1UEdKeVBq IEl1SUZSb1 pTQmogYjIx d1lXNTVJRy BseklHaGxZ V1J4IGRXRn lkR1Z5Wlcg UWdhVzRnVj NsdiBiV2x6 YzJsdVp5IH dnVUdWdWJu TjUgYkhaaG JtbGhJRyBG dVpDQm9ZWE 1nIGMyVjJa WEpoYkMgQn ZabVpwWTJV ZyBiRzlqWV hScGIyIDV6 SUhSb2NtOT EgWjJodmRY UWdkRyBobE lGVnVhWFJs IFpDQlRkR0 YwWlggTXVQ R0p5UGpNdS BJRXh2YjIx cGN5IEJpWl dkaGJpQmgg Y3lCaElITn RZVyB4c0xD Qm1ZVzFwIG JIa3RiM2R1 WlcgUWdZV2 RsYm1ONSBJ R0Z1WkNCb1 lYIE1nYzJs dVkyVWcgWj NKdmQyNGdh VyA1MGJ5Qn ZibVVnIGIy WWdkR2hsSU cgeGhjbWRs YzNRZyBjSE pwZG1GMFpX IHg1SUc5M2 JtVmsgSUds dWMzVnlZVy A1alpTQmlj bTlyIFpYSm haMlVnWVcg ZGxibU5wWl hNZyBhVzRn ZEdobElHIE 52ZFc1MGNu a3UgUEdKeV BqUXVJRSA5 MlpYSWdkR2 hsIElIbGxZ WEp6TEMgQk 1iMjl0YVhN ZyBhR0Z6SU dWNGNHIEZ1 WkdWa0lHbD AgY3lCelpY SjJhVyBObG N5QmhibVFn IGJtOTNJRz ltWm0gVnlj eUJoSUhaaC BjbWxsZEhr Z2IyIFlnYV c1emRYSmgg Ym1ObElIQn liMiBSMVkz UnpMQ0JwIG JtTnNkV1Jw Ym0gY2djSE p2Y0dWeSBk SGtnWVc1a0 lHIE5oYzNW aGJIUjUgTE NCbGJYQnNi MyBsbFpTQm laVzVsIFpt bDBjeXdnY0 cgVnljMjl1 WVd3ZyBhVz V6ZFhKaGJt IE5sTENCaG JtUWcgYlc5 eVpTNDhZbi BJK05TNGdW R2hsIElHTn ZiWEJoYm4g a2dhWE1nYT I1diBkMjRn Wm05eUlHIG wwY3lCcGJt NXYgZG1GMG FYWmxJRyBG d2NISnZZV0 5vIElIUnZJ SEpwYzIgc2 diV0Z1WVdk bCBiV1Z1ZE NCaGJtIFFn YVc1emRYSm ggYm1ObElI TnZiSCBWMG FXOXVjeXdn IFkzSmxZWF JwYm0gY2dZ M1Z6ZEc5dC BMWFJoYVd4 dmNtIFZrSU hCc1lXNXog SUdadmNpQm xZVyBOb0lH bHVaR2wyIG FXUjFZV3dn WTIgeHBaVz UwTGp4aSBj ajQyTGlCTW IyIDl0YVhN Z2FHRnogSU dKbFpXNGdj bSBWamIyZH VhWHBsIFpD Qm1iM0lnYV ggUnpJR1Y0 WTJWcyBiR1 Z1WTJVZ2FX IDRnZEdobE lHbHUgYzNW eVlXNWpaUy BCcGJtUjFj M1J5IGVTd2 dkMmx1Ym0g bHVaeUJ0ZF d4MCBhWEJz WlNCaGQyIE Z5WkhNZ1lX NWsgSUdGal kyOXNZVyBS bGN5d2dhVz VqIGJIVmth VzVuSUcgSm xhVzVuSUd4 cCBjM1JsWk NCcGJpIEIw YUdVZ1ZHOX cgSURFd01D Qk1ZWCBKbl pYTjBJRUp5 IGIydGxjbk 1nYjIgWWdW UzVUTGlCQy BkWE5wYm1W emN5IEJpZV NCQ2RYTnAg Ym1WemN5Qk pibiBOMWNt RnVZMlV1IF BHSnlQamN1 SUUgbHVJR0 ZrWkdsMCBh Vzl1SUhSdk lHIGx1YzNW eVlXNWogWl NCelpYSjJh VyBObGN5d2 dURzl2IGJX bHpJR0ZzYz IgOGdiMlpt WlhKeiBJSE pwYzJzZ2JX IEZ1WVdkbG JXVnUgZENC amIyNXpkVy B4MGFXNW5M Q0JqIGJHRn BiWE1nYlcg RnVZV2RsYl dWdSBkQ3dn WVc1a0lHID kwYUdWeUlI TncgWldOcF lXeHBlbSBW a0lITmxjbl pwIFkyVnpM anhpY2ogND RMaUJVYUdV ZyBZMjl0Y0 dGdWVTIEJw Y3lCaGJITn YgSUdOdmJX MXBkSCBSbF pDQjBieUJu IGFYWnBibW NnWW0gRmph eUIwYnlCMC BhR1VnWTI5 dGJYIFZ1YV hSNUlHRnUg WkNCb1lYTW dZUyBCa1pX UnBZMkYwIF pXUWdZMmho Y20gbDBZV0 pzWlNCaCBj bTBzSUhSb1 pTIEJNYjI5 dGFYTWcgUT I5dGJYVnVh WCBScFpYTW dhVzRnIFFX TjBhVzl1TE MgQjNhR2xq YUNCeiBkWE J3YjNKMGN5 IEJzYjJOaG JDQmogYUdG eWFYUnBaWC BNZ1lXNWtJ R052IGJXMT FibWwwZVMg QnZjbWRoYm 1sNiBZWFJw YjI1ekxqIH hpY2o0NUxp Qk0gYjI5dG FYTWdhRyBG eklHRWdjM1 J5IGIyNW5J R1Z0Y0cgaG hjMmx6SUc5 dSBJSFJsWT JodWIyIHh2 WjNrc0lIVn ogYVc1bklH RmtkbSBGdV kyVmtJSE52 IFpuUjNZWE psSUcgRnVa Q0JrWVhSaC BJR0Z1WVd4 NWRHIGxqY3 lCMGJ5Qmkg WlhSMFpYSW djMiBWeWRt VWdkR2hsIG FYSWdZMnhw WlcgNTBjeU JoYm1RZyBj M1JoZVNCaG FHIFZoWkNC dlppQnAgYm 1SMWMzUnll UyBCMGNtVn VaSE11IFBH SnlQakV3TG kgQkVaWE53 YVhSbCBJR2 wwY3lCbmNt IDkzZEdnZ1 lXNWsgSUhO MVkyTmxjMy BNc0lFeHZi MjFwIGN5Qn laVzFoYVcg NXpJR1JsWk dsaiBZWFJs WkNCMGJ5IE JwZEhNZ1pt OTEgYm1ScG JtY2djSCBK cGJtTnBjR3 hsIGN5QnZa aUJwYm4gUm xaM0pwZEhr cyBJR2h2Ym 1WemRIIGtz SUdGdVpDQm wgZUdObGNI UnBiMiA1aG JDQmpkWE4w IGIyMWxjaU J6WlggSjJh V05sTGc9PQ ogICAgICAg IDwvc3Bhbj 4KICAgICAg ICAKICAgIC AgICA=