Brookfield Infrastructure Partners

-7.24%

Live  

Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership based in Canada that specializes in assets related to infrastructure. It is part of Brookfield Asset Management, a global alternative asset manager. The company focuses on owning, operating, and investing in high-quality infrastructure assets across various sectors, including utilities, transportation, and energy.
Brookfield Infrastructure Partners has a diversified portfolio, which helps mitigate risk and provides stable cash flow. The company typically invests in assets that are essential to the economy, have long-term contracts, and exhibit recessioresistant characteristics.
The firm’s investment strategy often involves acquiring underperforming or undervalued infrastructure assets, enhancing their efficiency, and increasing their value through operational improvements. Additionally, Brookfield Infrastructure Partners benefits from its experienced management team and global network, which aids in identifying potential investment opportunities.
The company operates on a distributed model, with its operations spanning regions including North America, South America, Europe, and Australia. It provides investors with a way to gain exposure to infrastructure investments, often appealing to those looking for income-generating assets through dividends.
Overall, Brookfield Infrastructure Partners is recognized for its strategic approach to infrastructure investment and its focus on generating sustainable, long-term returns for its unitholders.

QnJvb2tmaW VsZCBJbmZy YXN0cnVjdH VyZSBQYXJ0 bmVycyBpcy BhIGNvbXBh bnkgdGhhdC BpbnZlc3Rz IGluIHJlYW xseSBiaWcg dGhpbmdzIH RoYXQgaGVs cCBwZW9wbG UgYW5kIGJ1 c2luZXNzZX MsIGxpa2Ug cm9hZHMsIG JyaWRnZXMs IHBvd2VyIH BsYW50cywg YW5kIGV2ZW 4gcG9ydHMg d2hlcmUgc2 hpcHMgY29t ZSBhbmQgZ2 8uIFRoaW5r IG9mIGl0IG FzIGEgY29t cGFueSB0aG F0IG93bnMg YW5kIHRha2 VzIGNhcmUg b2YgaW1wb3 J0YW50IHBs YWNlcyBhbm QgdG9vbHMg dGhhdCB0aG Ugd29ybGQg bmVlZHMgdG 8gd29yayBh bmQgZ3Jvdy 48YnI+VGhl IHdheSBCcm 9va2ZpZWxk IG1ha2VzIG 1vbmV5IGlz IGJ5IG93bm luZyB0aGVz ZSBiaWcgdG hpbmdzIGFu ZCB0aGVuIG NoYXJnaW5n IG90aGVyIG NvbXBhbmll cyBvciB0aG UgZ292ZXJu bWVudCB0by B1c2UgdGhl bS4gRm9yIG V4YW1wbGUs IGlmIHRoZX kgb3duIGEg dG9sbCByb2 FkLCB0aGV5 IGNhbiBjb2 xsZWN0IG1v bmV5IGZyb2 0gY2FycyB0 aGF0IGRyaX ZlIG9uIGl0 LiBPciBpZi B0aGV5IGhh dmUgYSBwb3 dlciBwbGFu dCwgdGhleS BjYW4gc2Vs bCBlbGVjdH JpY2l0eSB0 byBob21lcy BhbmQgYnVz aW5lc3Nlcy 4gU28sIHRo ZXkgbWFrZS Btb25leSBl dmVyeSB0aW 1lIHNvbWVv bmUgdXNlcy B3aGF0IHRo ZXkgb3duLj xicj5Ccm9v a2ZpZWxkIG hhcyBiZWVu IHN1Y2Nlc3 NmdWwgZm9y IGEgZmV3IH JlYXNvbnMu IEZpcnN0LC B0aGV5IGlu dmVzdCBpbi B0aGluZ3Mg dGhhdCBwZW 9wbGUgd2ls bCBhbHdheX MgbmVlZCwg bGlrZSB0cm Fuc3BvcnRh dGlvbiBhbm QgZW5lcmd5 LiBObyBtYX R0ZXIgd2hh dCBoYXBwZW 5zLCBwZW9w bGUgd2lsbC BuZWVkIHRv IHRyYXZlbC BhbmQgdXNl IGVsZWN0cm ljaXR5LiBT ZWNvbmQsIH RoZXkgYXJl IHNtYXJ0IH dpdGggdGhl aXIgbW9uZX kgYW5kIGNo b29zZSBnb2 9kIHByb2pl Y3RzIHRoYX QgY2FuIGVh cm4gdGhlbS Bsb3RzIG9m IGNhc2guIE xhc3RseSwg dGhleSBoYX ZlIGEgbG90 IG9mIGV4cG VyaWVuY2Ug aW4gbWFuYW dpbmcgdGhl c2Uga2luZH Mgb2YgaW52 ZXN0bWVudH MsIHdoaWNo IGhlbHBzIH RoZW0gbWFr ZSBiZXR0ZX IgZGVjaXNp b25zLjxicj 5BcyBmb3Ig dGhlIGZ1dH VyZSwgQnJv b2tmaWVsZC BpcyBsaWtl bHkgdG8gc3 RheSBzdWNj ZXNzZnVsIG JlY2F1c2Ug dGhlcmUgd2 lsbCBhbHdh eXMgYmUgYS BkZW1hbmQg Zm9yIGVuZX JneSwgdHJh bnNwb3J0YX Rpb24sIGFu ZCBpbmZyYX N0cnVjdHVy ZSBhcyB0aG Ugd29ybGQg a2VlcHMgZ3 Jvd2luZy4g VGhleSBhbH NvIGtlZXAg ZmluZGluZy BuZXcgd2F5 cyB0byBpbn Zlc3QgaW4g aW1wb3J0YW 50IHByb2pl Y3RzLCB3aG ljaCBtZWFu cyB0aGV5IG NhbiBjb250 aW51ZSB0by BtYWtlIG1v bmV5IHllYX IgYWZ0ZXIg eWVhci4gU2 8sIGFzIGxv bmcgYXMgcG VvcGxlIG5l ZWQgdGhlc2 Ugc2Vydmlj ZXMsIEJyb2 9rZmllbGQg SW5mcmFzdH J1Y3R1cmUg UGFydG5lcn MgaXMgbGlr ZWx5IHRvIG RvIHdlbGwh PGJyPg==

QnJvb2tmaW VsZCBJbmZy YXN0cnVjdH VyZSBQYXJ0 bmVycyBpcy Bub3RhYmxl IGZvciBzZX ZlcmFsIHJl YXNvbnMuIE ZpcnN0bHks IGl0IGlzIG 9uZSBvZiB0 aGUgd29ybG TigJlzIGxh cmdlc3QgcH VibGljbHkg dHJhZGVkIG luZnJhc3Ry dWN0dXJlIG NvbXBhbmll cywgcHJpbW FyaWx5IGZv Y3VzZWQgb2 4gb3duaW5n IGFuZCBvcG VyYXRpbmcg aW5mcmFzdH J1Y3R1cmUg YXNzZXRzIG Fjcm9zcyB2 YXJpb3VzIH NlY3RvcnMs IGluY2x1ZG luZyB1dGls aXRpZXMsIH RyYW5zcG9y dCwgZW5lcm d5LCBhbmQg Y29tbXVuaW NhdGlvbnMu IFRoaXMgZG l2ZXJzZSBw b3J0Zm9saW 8gYWxsb3dz IHRoZSBjb2 1wYW55IHRv IGdlbmVyYX RlIHN0YWJs ZSBjYXNoIG Zsb3dzLjxi cj5TZWNvbm RseSwgaXQg YmVuZWZpdH MgZnJvbSB0 aGUgYmFja2 luZyBvZiBC cm9va2ZpZW xkIEFzc2V0 IE1hbmFnZW 1lbnQsIGEg bWFqb3IgZ2 xvYmFsIGFs dGVybmF0aX ZlIGFzc2V0 IG1hbmFnZW 1lbnQgZmly bSwgd2hpY2 ggcHJvdmlk ZXMgc3RyYX RlZ2ljIGFk dmFudGFnZX Mgc3VjaCBh cyBhY2Nlc3 MgdG8gc2ln bmlmaWNhbn QgcmVzb3Vy Y2VzLCBleH BlcnRpc2Us IGFuZCBjYX BpdGFsIGZv ciBncm93dG ggb3Bwb3J0 dW5pdGllcy 48YnI+VGhl IGNvbXBhbn nigJlzIGlu dmVzdG1lbn Qgc3RyYXRl Z3kgZW1waG FzaXplcyBs b25nLXRlcm 0gdmFsdWUg Y3JlYXRpb2 4sIG9mdGVu IGludm9sdm luZyB0aGUg YWNxdWlzaX Rpb24gYW5k IG1hbmFnZW 1lbnQgb2Yg ZXNzZW50aW FsIGluZnJh c3RydWN0dX JlIGFzc2V0 cyB0aGF0IH Byb3ZpZGUg Y3JpdGljYW wgc2Vydmlj ZXMuIEFkZG l0aW9uYWxs eSwgQnJvb2 tmaWVsZCBJ bmZyYXN0cn VjdHVyZSBQ YXJ0bmVycy Bmb2N1c2Vz IG9uIHN1c3 RhaW5hYmxl IHByYWN0aW NlcywgaW5j bHVkaW5nIH JlbmV3YWJs ZSBlbmVyZ3 kgaW52ZXN0 bWVudHMsIG FsaWduaW5n IHdpdGggZ2 xvYmFsIHRy ZW5kcyB0b3 dhcmRzIHN1 c3RhaW5hYm lsaXR5Ljxi cj5Nb3Jlb3 ZlciwgaXRz IHVuaXF1ZS BzdHJ1Y3R1 cmUgYWxsb3 dzIGludmVz dG9ycyB0by BnYWluIGV4 cG9zdXJlIH RvIHBoeXNp Y2FsIGFzc2 V0cyB3aXRo b3V0IGRpcm VjdGx5IGlu dmVzdGluZy BpbiBpbmRp dmlkdWFsIH Byb2plY3Rz LiBUaGUgY2 9tcGFueSBo YXMgYSBzdH JvbmcgdHJh Y2sgcmVjb3 JkIG9mIHBl cmZvcm1hbm NlIGFuZCBp cyBvZnRlbi ByZWNvZ25p emVkIGZvci BpdHMgdHJh bnNwYXJlbm N5LCBnb3Zl cm5hbmNlLC BhbmQgY29u c2lzdGVudC BkaXZpZGVu ZCBwYXlvdX RzLCBtYWtp bmcgaXQgYX R0cmFjdGl2 ZSB0byBpbm NvbWUtb3Jp ZW50ZWQgaW 52ZXN0b3Jz Ljxicj4=

QnJvb2tmaW VsZCBJbmZy YXN0cnVjdH VyZSBQYXJ0 bmVycyBpcy BwcmltYXJp bHkgZm9jdX NlZCBvbiBv d25pbmcgYW 5kIG9wZXJh dGluZyBhIG RpdmVyc2Ug cG9ydGZvbG lvIG9mIGlu ZnJhc3RydW N0dXJlIGFz c2V0cyB0aG F0IGdlbmVy YXRlIHN0YW JsZSBhbmQg cHJlZGljdG FibGUgY2Fz aCBmbG93cy 4gVGhlaXIg YnVzaW5lc3 MgbW9kZWwg Y2VudGVycy Bhcm91bmQg YWNxdWlyaW 5nLCBkZXZl bG9waW5nLC BhbmQgbWFu YWdpbmcgaW 5mcmFzdHJ1 Y3R1cmUgYX NzZXRzIGFj cm9zcyBzZW N0b3JzIHN1 Y2ggYXMgdX RpbGl0aWVz LCB0cmFuc3 BvcnQsIGVu ZXJneSwgYW 5kIGRhdGEu IDxicj5LZX kgY29tcG9u ZW50cyBvZi B0aGVpciBi dXNpbmVzcy Btb2RlbCBp bmNsdWRlOj xicj4xLiA8 c3Ryb25nPk RpdmVyc2lm aWNhdGlvbj wvc3Ryb25n PjogQnJvb2 tmaWVsZCBo b2xkcyBhIG dsb2JhbGx5 IGRpdmVyc2 UgcG9ydGZv bGlvIHRoYX Qgc3BhbnMg ZGlmZmVyZW 50IHNlY3Rv cnMgYW5kIG dlb2dyYXBo aWVzLCB3aG ljaCBoZWxw cyBtaXRpZ2 F0ZSByaXNr cyBhc3NvY2 lhdGVkIHdp dGggZWNvbm 9taWMgZG93 bnR1cm5zIG 9yIHNlY3Rv ci1zcGVjaW ZpYyBjaGFs bGVuZ2VzLj xicj4yLiA8 c3Ryb25nPk xvbmctdGVy bSBDb250cm FjdHM8L3N0 cm9uZz46IE 1hbnkgb2Yg dGhlaXIgYX NzZXRzIG9w ZXJhdGUgdW 5kZXIgbG9u Zy10ZXJtIG NvbnRyYWN0 cyB0aGF0IH Byb3ZpZGUg c3RhYmxlIG Nhc2ggZmxv d3MuIFRoaX MgaXMgZXNw ZWNpYWxseS Bjb21tb24g aW4gc2VjdG 9ycyBsaWtl IHV0aWxpdG llcyBhbmQg ZW5lcmd5LC B3aGVyZSBy ZXZlbnVlIG NhbiBiZSBk ZXJpdmVkIG Zyb20gcmVn dWxhdGVkIH ByaWNpbmcg b3IgbG9uZy 10ZXJtIHNl cnZpY2UgYW dyZWVtZW50 cy48YnI+My 4gPHN0cm9u Zz5PcGVyYX Rpb25hbCBF eHBlcnRpc2 U8L3N0cm9u Zz46IFRoZS Bjb21wYW55 IGxldmVyYW dlcyBpdHMg b3BlcmF0aW 9uYWwgZXhw ZXJ0aXNlIH RvIGVuaGFu Y2UgYXNzZX QgcGVyZm9y bWFuY2UuIF RoaXMgaW5j bHVkZXMgb3 B0aW1pemlu ZyBvcGVyYX Rpb25zLCBy ZWR1Y2luZy Bjb3N0cywg YW5kIGltcG xlbWVudGlu ZyB0ZWNobm 9sb2d5IHRv IGRyaXZlIG VmZmljaWVu Y2llcy48Yn I+NC4gPHN0 cm9uZz5Hcm 93dGggdGhy b3VnaCBBY3 F1aXNpdGlv bjwvc3Ryb2 5nPjogQnJv b2tmaWVsZC BhY3RpdmVs eSBzZWVrcy BvcHBvcnR1 bml0aWVzIH RvIGFjcXVp cmUgbmV3IG luZnJhc3Ry dWN0dXJlIG Fzc2V0cywg Zm9jdXNpbm cgb24gdGhv c2Ugd2l0aC BzdHJvbmcg cG90ZW50aW FsIGZvciB2 YWx1ZSBjcm VhdGlvbiBh bmQgY2FzaC BmbG93IGdl bmVyYXRpb2 4uPGJyPjUu IDxzdHJvbm c+VmFsdWUg Q3JlYXRpb2 48L3N0cm9u Zz46IFRoZS Bjb21wYW55 IGVtcGhhc2 l6ZXMgdmFs dWUgY3JlYX Rpb24gdGhy b3VnaCBkZX ZlbG9wbWVu dCBwcm9qZW N0cywgZXhw YW5zaW9ucy wgYW5kIGlt cHJvdmVtZW 50cyB0byBl eGlzdGluZy Bhc3NldHMs IGFpbWluZy B0byBpbmNy ZWFzZSBhc3 NldCB2YWx1 ZSBvdmVyIH RpbWUuPGJy PjYuIDxzdH Jvbmc+U3Rh YmxlIERpc3 RyaWJ1dGlv bnM8L3N0cm 9uZz46IEJy b29rZmllbG QgSW5mcmFz dHJ1Y3R1cm UgUGFydG5l cnMgaGFzIG EgZm9jdXMg b24gcHJvdm lkaW5nIGlu dmVzdG9ycy B3aXRoIHN0 YWJsZSBhbm QgZ3Jvd2lu ZyBkaXN0cm lidXRpb25z LCBtYWtpbm cgaXQgYXR0 cmFjdGl2ZS B0byBpbmNv bWUtZm9jdX NlZCBpbnZl c3RvcnMuPG JyPk92ZXJh bGwsIHRoZW lyIGJ1c2lu ZXNzIG1vZG VsIGlzIGJ1 aWx0IGFyb3 VuZCBjcmVh dGluZyBsb2 5nLXRlcm0g dmFsdWUgdG hyb3VnaCBh IGJhbGFuY2 VkIGFwcHJv YWNoIG9mIH N0ZWFkeSBj YXNoIGZsb3 cgZ2VuZXJh dGlvbiwgb3 BlcmF0aW9u YWwgaW1wcm 92ZW1lbnRz LCBhbmQgc3 RyYXRlZ2lj IGFjcXVpc2 l0aW9ucy48 YnI+

AI can pose potential threats to Brookfield Infrastructure Partners (BIP) in several ways, although the extent of these threats depends on various factors, including how the company adapts to emerging technologies.
1. Substitution: AI has the potential to substitute certain services offered by infrastructure companies. For instance, AI-driven technologies in energy management, logistics, and transportation can optimize operations, potentially reducing the demand for traditional infrastructure services. If BIP’s offerings are overtaken by more efficient AI solutions from competitors, it could impact their market share.
2. Disintermediation: AI can streamline processes in sectors where BIP operates, such as utilities and transportation, potentially allowing end-users to connect directly with service providers, bypassing companies like BIP. If AI enables greater efficiency and cost savings, clients may prefer direct solutions over traditional infrastructure models that involve intermediaries.
3. Margin Pressure: The integration of AI technologies may lead to increased competition as new players enter the market with lower-cost, AI-driven solutions. This could exert margin pressure on BIP’s existing products and services, compelling them to innovate continually and invest in technology to maintain competitiveness. Failure to adapt could result in declining profitability.
Overall, while AI presents potential threats through substitution, disintermediation, and margin pressure, these challenges also offer opportunities for innovation. By leveraging AI, Brookfield Infrastructure Partners has the chance to enhance its offerings and services, thus fortifying its competitive positioning rather than being adversely affected. The key will be how effectively the company adapts to these evolving technologies.

Brookfield Infrastructure Partners’ earnings, cash flow, and valuation are notably sensitive to changes in interest rates due to several interrelated factors:
1. Debt Financing: Brookfield Infrastructure Partners often uses significant leverage to finance its projects. When interest rates rise, the cost of servicing this debt increases, leading to higher expenses and potentially lower earnings and cash flow. Conversely, lower interest rates can reduce these costs, positively impacting profitability.
2. Discount Rates and Valuation: The valuation of infrastructure assets is frequently based on discounted cash flow models, which use interest rates as part of the discount rate. Higher interest rates increase the discount rate, which can lower the present value of future cash flows and result in a reduced valuation of the company. This sensitivity means that even slight increases in interest rates can lead to substantial changes in perceived value.
3. Cost of Equity: Changes in interest rates can also impact the cost of equity. Investors typically demand higher returns in a rising rate environment, which could lead Brookfield to raise its dividend yield to attract investors. This could place additional pressure on its cash flow if the company needs to adjust its payout.
4. Operational Impacts: Infrastructure assets, such as utilities and transportation, may see changes in demand based on economic conditions affected by interest rates. Higher interest rates can dampen economic growth, potentially leading to lower usage of infrastructure services and therefore impacting overall revenues and cash flows.
5. Investment Appeal: As interest rates rise, other investment vehicles might become more attractive compared to equities and infrastructure investments. This shift can influence the company’s stock price and overall market valuation, as investors might reassess their portfolios based on risk-adjusted returns.
In summary, Brookfield Infrastructure Partners is sensitive to changes in interest rates through its effects on debt servicing costs, discount rates in valuation models, and potential impacts on demand for its services. Investors need to monitor interest rate trends closely, as shifts in monetary policy can have significant repercussions on the company’s financial performance and market valuation.

QSByZWFsaX N0aWMgc2Nl bmFyaW8gdG hhdCBjb3Vs ZCBwZXJtYW 5lbnRseSBp bXBhaXIgdG hlIGVjb25v bWljcyBvZi BCcm9va2Zp ZWxkIEluZn Jhc3RydWN0 dXJlIFBhcn RuZXJzIG92 ZXIgdGhlIG 5leHQgMy01 IHllYXJzIG 1pZ2h0IGlu dm9sdmUgYS BzaWduaWZp Y2FudCBhbm Qgc3VzdGFp bmVkIGluY3 JlYXNlIGlu IHJlZ3VsYX RvcnkgYW5k IGVudmlyb2 5tZW50YWwg Y29tcGxpYW 5jZSBjb3N0 cyBhY3Jvc3 MgaXRzIGNv cmUgaW5mcm FzdHJ1Y3R1 cmUgc2VjdG 9ycywgc3Vj aCBhcyB1dG lsaXRpZXMs IHRyYW5zcG 9ydGF0aW9u LCBhbmQgcm VuZXdhYmxl IGVuZXJneS 4gPGJyPkZv ciBpbnN0YW 5jZSwgaWYg dGhlcmUgd2 VyZSBhIGds b2JhbCBzaG lmdCB0b3dh cmRzIHN0cm ljdGVyIGVu dmlyb25tZW 50YWwgcmVn dWxhdGlvbn MsIHN1Y2gg YXMgc3RyaW 5nZW50IGNh cmJvbiBlbW lzc2lvbiB0 YXJnZXRzIG 9yIHdhdGVy IHVzZSByZX N0cmljdGlv bnMsIEJyb2 9rZmllbGQg Y291bGQgZm FjZSBzdWJz dGFudGlhbC BuZXcgY29z dHMgdG8gdX BncmFkZSBp dHMgaW5mcm FzdHJ1Y3R1 cmUsIGltcG xlbWVudCBj bGVhbmVyIH RlY2hub2xv Z2llcywgYW 5kIGNvbXBs eSB3aXRoIG 1hbmRhdG9y eSBlbnZpcm 9ubWVudGFs IHN0YW5kYX Jkcy4gVGhp cyBzY2VuYX JpbyBjb3Vs ZCBiZSBleG FjZXJiYXRl ZCBieSBhIG dsb2JhbCBy ZWNlc3Npb2 4sIGxlYWRp bmcgdG8gcm VkdWNlZCBk ZW1hbmQgZm 9yIHRoZWly IHNlcnZpY2 VzIGFuZCBm dXJ0aGVyIH N0cmFpbmlu ZyBtYXJnaW 5zLjxicj5J biB0aGlzIH NjZW5hcmlv LCB0aGUgY2 9tcGFueeKA mXMgbWFyZ2 lucyBjb3Vs ZCBiZSBzZX ZlcmVseSBh ZmZlY3RlZC BhcyBpbmNy ZWFzZWQgY2 9tcGxpYW5j ZSBjb3N0cy B3b3VsZCBl YXQgaW50by Bwcm9maXRh YmlsaXR5Li BPcGVyYXRp bmcgZXhwZW 5zZXMgY291 bGQgcmlzZS BzaWduaWZp Y2FudGx5LC Bwb3RlbnRp YWxseSBwdX NoaW5nIG9w ZXJhdGluZy BtYXJnaW5z IGRvd24gYn kgc2V2ZXJh bCBwZXJjZW 50YWdlIHBv aW50cy4gQ2 9uc2VxdWVu dGx5LCB0aG UgY29tcGFu eeKAmXMgY2 FzaCBmbG93 IHdvdWxkIG xpa2VseSBk ZWNyZWFzZS wgYXMgYm90 aCBjYXBpdG FsIGV4cGVu ZGl0dXJlcy B0byBtZWV0 IGNvbXBsaW FuY2UgbmVl ZHMgYW5kIG 9uZ29pbmcg b3BlcmF0aW 9uYWwgY29z dHMgd291bG QgY29uc3Vt ZSBhIGxhcm dlciBwb3J0 aW9uIG9mIH JldmVudWUu IDxicj5GdX J0aGVybW9y ZSwgdGhlIG JhbGFuY2Ug c2hlZXQgY2 91bGQgZGV0 ZXJpb3JhdG UuIElmIGNh c2ggZmxvdy BpcyBoaW5k ZXJlZCwgdG hlIGNvbXBh bnkgbWlnaH QgYmUgZm9y Y2VkIHRvIH Rha2Ugb24g YWRkaXRpb2 5hbCBkZWJ0 IHRvIG1hbm FnZSB0aGUg Y29zdHMgYX Nzb2NpYXRl ZCB3aXRoIG NvbXBsaWFu Y2UsIHdoaW NoIGNvdWxk IGluY3JlYX NlIGxldmVy YWdlIHJhdG lvcy4gVGhp cyB3b3VsZC Bub3Qgb25s eSBhZmZlY3 QgbGlxdWlk aXR5IGJ1dC Bjb3VsZCBh bHNvIGxlYW QgdG8gaGln aGVyIGludG VyZXN0IGV4 cGVuc2VzLC BpbXBhY3Rp bmcgZnV0dX JlIGVhcm5p bmdzIGFuZC BjYXNoIGZs b3cuIElmIG NyZWRpdCBy YXRpbmdzIH dlcmUgYWZm ZWN0ZWQgZH VlIHRvIGlu Y3JlYXNlZC BsZXZlcmFn ZSBhbmQgcG VyY2VpdmVk IHJpc2ssIG JvcnJvd2lu ZyBjb3N0cy BtaWdodCBp bmNyZWFzZS BmdXJ0aGVy LCBleGFjZX JiYXRpbmcg dGhlIG92ZX JhbGwgZmlu YW5jaWFsIH N0cmFpbi48 YnI+SW4gc3 VtbWFyeSwg aW5jcmVhc2 VkIHJlZ3Vs YXRvcnkgYW 5kIGNvbXBs aWFuY2UgY2 9zdHMgYXJp c2luZyBmcm 9tIGEgc2hp ZnQgdG93YX JkIHN0cmlj dGVyIGVudm lyb25tZW50 YWwgc3Rhbm RhcmRzLCBw YXJ0aWN1bG FybHkgZHVy aW5nIGEgZ2 xvYmFsIGVj b25vbWljIG Rvd250dXJu LCBjb3VsZC BsZWFkIHRv IHJlZHVjZW QgbWFyZ2lu cywgbG93ZX IgY2FzaCBm bG93LCBhbm QgYSB3ZWFr ZW5lZCBiYW xhbmNlIHNo ZWV0IGZvci BCcm9va2Zp ZWxkIEluZn Jhc3RydWN0 dXJlIFBhcn RuZXJzIG92 ZXIgdGhlIG 5leHQgMy01 IHllYXJzLj xicj4=

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 bG9nb3MvbD c4clRleDNU dmEyYkViUF huRjQud2Vi cCIgYWx0PS JCcm9va2Zp ZWxkIEluZn Jhc3RydWN0 dXJlIFBhcn RuZXJzIiB0 aXRsZT0iQn Jvb2tmaWVs ZCBJbmZyYX N0cnVjdHVy ZSBQYXJ0bm VycyIgIGNs YXNzPSJpbW ctZmx1aWQi IGhlaWdodD 01MCB3aWR0 aD01MCBsb2 FkaW5nPSds YXp5JyBzdH lsZT0nYm9y ZGVyLXJhZG l1czogNnB4 Oyc+CgogIC AgICAgICAg ICAgICAgIC AgIDxkaXYg c3R5bGU9J2 ZsZXg6IDE7 IHRleHQtYW xpZ246IGNl bnRlcjsgbW FyZ2luLWxl ZnQ6IDVweD snPgogICAg ICAgICAgIC AgICAgICAg ICAgICA8cC BzdHlsZT0n Zm9udC1zaX plOiAyNnB4 OyBjb2xvcj ogIzMzMzsg bWFyZ2luLW JvdHRvbTog MTVweDsnPg ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAg8J +TiCBXYW50 IHRvIHJlYW QgbW9yZSBh Ym91dCBCcm 9va2ZpZWxk IEluZnJhc3 RydWN0dXJl IFBhcnRuZX JzPwogICAg ICAgICAgIC AgICAgICAg ICAgICA8L3 A+CgogICAg ICAgICAgIC AgICAgICAg ICAgICA8YS BocmVmPSdp bmRleC5waH A/cGFnZT1z aWdudXAnIH N0eWxlPScK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGJh Y2tncm91bm QtY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Bjb2xvcjog I2ZmZjsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHBhZG Rpbmc6IDEw cHggMjBweD sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG JvcmRlci1y YWRpdXM6ID VweDsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIHRleHQt ZGVjb3JhdG lvbjogbm9u ZTsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IGZvbnQtd2 VpZ2h0OiBi b2xkOwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgbWFyZ2 luLXJpZ2h0 OiAxMHB4Ow ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgdH JhbnNpdGlv bjogYmFja2 dyb3VuZC1j b2xvciAwLj NzIGVhc2U7 JwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg b25tb3VzZW 92ZXI9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA1 NmIzIicKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIG9ubW 91c2VvdXQ9 J3RoaXMuc3 R5bGUuYmFj a2dyb3VuZE NvbG9yPSIj MDA3QkZGIi c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC BTaWduIHVw IGZvciBmcm VlCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDwvYT 4KCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxzcG FuIHN0eWxl PSdtYXJnaW 46IDAgOHB4 OyBjb2xvcj ogIzU1NTsn Pm9yPC9zcG FuPgoKICAg ICAgICAgIC AgICAgICAg ICAgICAgPG EgaHJlZj0n aW5kZXgucG hwP3BhZ2U9 bG9naW4nIH N0eWxlPScK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGNv bG9yOiAjMD A3QkZGOwog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgdGV4 dC1kZWNvcm F0aW9uOiB1 bmRlcmxpbm U7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Bmb250LXdl aWdodDogNT AwOyc+CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBsb2cg aW4KICAgIC AgICAgICAg ICAgICAgIC AgICAgPC9h PgoKCiAgIC AgICAgICAg ICAgICAgIC AgICAgIDxw IHN0eWxlPS dtYXJnaW4t dG9wOiAxNX B4OyBmb250 LXNpemU6ID EzcHg7IGZv bnQtd2VpZ2 h0OiBib2xk OyBjb2xvcj ogI2QzMmYy ZjsnPgogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAg8J+Tli BHZXQgaW5z aWdodHMgZn JvbSA8aT4i VGhlIENoZW NrbGlzdCBW YWx1ZSBJbn Zlc3RvciDi gJQgQSBTbW FydGVyIFdh eSB0byBQaW NrIFN0b2Nr cyI8L2k+IG 5vdyEKICAg ICAgICAgIC AgICAgICAg ICAgICAgPC 9wPgoKICAg ICAgICAgIC AgICAgICAg ICAgICAgPC EtLQogICAg ICAgICAgIC AgICAgICAg ICAgICA8ZG l2IHN0eWxl PSdtYXJnaW 4tdG9wOiAx MnB4OyBmb2 50LXNpemU6 IDEzcHg7IG NvbG9yOiAj NDQ0Oyc+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBTaW duIHVwIG5v dyBhbmQgZ2 V0IG91ciBm cmVlIGVCb2 9rIAogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgPGI+VGhl IENoZWNrbG lzdCBWYWx1 ZSBJbnZlc3 RvciDigJQg QSBTbWFydG VyIFdheSB0 byBQaWNrIF N0b2Nrczwv Yj4KICAgIC AgICAgICAg ICAgICAgIC AgICAgPC9k aXY+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIC0t PgogICAgIC AgICAgICAg ICAgICAgIC AgICA8IS0t CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxkaXYg c3R5bGU9J2 1hcmdpbi10 b3A6IDE2cH g7IGZvbnQt c2l6ZTogMT RweDsgY29s b3I6ICM0ND Q7IGZvbnQt ZmFtaWx5Oi AtYXBwbGUt c3lzdGVtLC BCbGlua01h Y1N5c3RlbU ZvbnQsIFNl Z29lIFVJLC BSb2JvdG8s IEhlbHZldG ljYSBOZXVl LCBzYW5zLX NlcmlmOyBs aW5lLWhlaW dodDogMS42 Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBIYXZlIH lvdSBoZWFy ZCBhYm91dC BvdXIgc2hv cnQgPHN0cm 9uZyBzdHls ZT0nZm9udC 13ZWlnaHQ6 IDYwMDsnPk RhaWx5IFZp ZGVvIE5ld3 NsZXR0ZXI8 L3N0cm9uZz 4/CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC A8YSBocmVm PSdodHRwcz ovL3d3dy5p bnNpZ2h0Zn VsdmFsdWUu Y29tL25ld3 NsZXR0ZXIu cGhwJyB0YX JnZXQ9J19i bGFuaycgc3 R5bGU9J2Nv bG9yOiAjMD A3QkZGOyB0 ZXh0LWRlY2 9yYXRpb246 IG5vbmU7IG ZvbnQtd2Vp Z2h0OiA1MD A7IG1hcmdp bi1sZWZ0Oi A2cHg7Jz4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBGaW5kIG 91dCBtb3Jl CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICA8 L2E+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIDwv ZGl2PgogIC AgICAgICAg ICAgICAgIC AgICAgICAt LT4KICAgIC AgICAgICAg ICAgICAgIC A8L2Rpdj4K ICAgICAgIC AgICAgICAg IDwvZGl2Pg ogICAgICAg ICAgICA8L2 Rpdj4KICAg ICAgICAgIC AgCiAgICAg ICAgCiAgIC AgICAgPHNw YW4gY2xhc3 M9J2JsdXJy ZWQtdGV4dC c+CiAgICAg ICAgICAgIF FuSnZiMnRt YVcgVnNaQ0 JKYm1aeSBZ WE4wY25Wam RIIFZ5WlNC UVlYSjAgYm 1WeWN5QnBj eSBCaElHZH NiMkpoIGJH eDVJSEpsWT IgOW5ibWw2 WldRZyBZMj l0Y0dGdWVT IEJwYmlCMG FHVWcgWm1s bGJHUWdiMi BZZ2FXNW1j bUZ6IGRISj FZM1IxY20g VWdhVzUyWl hOMCBiV1Z1 ZEhNdUlFIG hsY21VZ1lY SmwgSUhOdm JXVWdhVyA1 MFpYSmxjM1 JwIGJtY2da bUZqZEggTW dZV0p2ZFhR ZyBkR2hsSU dOdmJYIEJo Ym5rNlBHSn kgUGpFdUlF WnZjbSAxaG RHbHZiam9n IFFuSnZiMn RtYVcgVnNa Q0JKYm1aeS BZWE4wY25W amRIIFZ5Wl NCUVlYSjAg Ym1WeWN5Qj NZWCBNZ1pt OXliV1ZrIE lHRnpJSEJo Y24gUWdiMl lnUW5KdiBi MnRtYVdWc1 pDIEJCYzNO bGRDQk4gWV c1aFoyVnRa VyA1MExDQj NhR2xqIGFD Qm9ZWE1nWV MgQm9hWE4w YjNKNSBJR1 JoZEdsdVp5 IEJpWVdOck lIUnYgSURF NE9Ua3VJRi BSb1pTQmpi MjF3IFlXNT VJR1p2WTMg VnpaWE1nYj I0ZyBZV054 ZFdseWFXID VuSUdGdVpD QnQgWVc1aF oybHVaeSBC cGJtWnlZWE 4wIGNuVmpk SFZ5WlMgQm hjM05sZEhN ZyBZV055Yj NOeklIIFpo Y21sdmRYTW cgYzJWamRH OXljeSA0OF luSStNaTRn IFJHbDJaWE p6WlMgQlFi M0owWm05cy BhVzg2SUVK eWIyIDlyWm 1sbGJHUWcg U1c1bWNtRn pkSCBKMVkz UjFjbVVnIF VHRnlkRzVs Y24gTWdhR0 Z6SUdFZyBk MlZzYkMxa2 FYIFpsY25O cFptbGwgWk NCd2IzSjBa bSA5c2FXOG dkR2hoIGRD QnBibU5zZF cgUmxjeUJo YzNObCBkSE 1nYVc0Z2My IFZqZEc5eW N5QnogZFdO b0lHRnpJSC BWMGFXeHBk R2xsIGN5d2 dkSEpoYm4g TndiM0owTE NCbCBibVZ5 WjNrc0lHIE Z1WkNCamIy MXQgZFc1cF kyRjBhVyA5 dWN5NGdWR2 hwIGN5Qmth WFpsY24gTn BabWxqWVhS cCBiMjRnYU dWc2NIIE1n YldsMGFXZG ggZEdVZ2Nt bHphMyBNZ1 lYTnpiMk5w IFlYUmxaQ0 IzYVggUm9J SE53WldOcC BabWxqSUds dVpIIFZ6ZE hKcFpYTXUg UEdKeVBqTX VJRSBkc2Iy SmhiQ0JTIF pXRmphRG9n VkcgaGxJR0 52YlhCaCBi bmtnYjNCbG NtIEYwWlhN Z2IyNGcgWV NCbmJHOWlZ VyB3Z2MyTm hiR1VzIElI ZHBkR2dnYV cgNTJaWE4w YldWdSBkSE 1nYVc0Z1Rt IDl5ZEdnZ1 FXMWwgY21s allTd2dVMi A5MWRHZ2dR VzFsIGNtbG pZU3dnUlgg VnliM0JsTE NCaCBibVFn UVhOcFlTID FRWVdOcFpt bGogTGlCVW FHbHpJRyBs dWRHVnlibU YwIGFXOXVZ V3dnY0ggSm xjMlZ1WTJV ZyBaVzVoWW 14bGN5IEJw ZENCMGJ5Qm ogWVhCcGRH RnNhWCBwbE lHOXVJR1Jw IGRtVnljMl VnWjMgSnZk M1JvSUc5dy BjRzl5ZEhW dWFYIFJwWl hNZ1lXTnkg YjNOeklHUn BabSBabGNt VnVkQ0J0IF lYSnJaWFJ6 TGogeGljaj QwTGlCVCBk WE4wWVdsdV lXIEpzWlNC UWNtRmogZE dsalpYTTZJ RSBKeWIyOX JabWxsIGJH UWdTVzVtY2 0gRnpkSEox WTNSMSBjbV VnVUdGeWRH IDVsY25NZ1 pXMXcgYUdG emFYcGxjeS BCemRYTjBZ V2x1IFlXSn NaU0J3Y20g RmpkR2xqWl hNZyBhVzRn YVhSeklHID l3WlhKaGRH bHYgYm5NdU lGUm9aUyBC amIyMXdZVz U1IElHRnBi WE1nZEcgOG dhVzUyWlhO MCBJR2x1SU hCeWIyIHBs WTNSeklIUm 8gWVhRZ1ky OXVkSCBKcF luVjBaU0Iw IGJ5Qmxibl pwY20gOXVi V1Z1ZEdGcy BJSE4xYzNS aGFXIDVoWW 1sc2FYUjUg SUdGdVpDQn laVyBSMVky VWdZMkZ5IF ltOXVJR1p2 YjMgUndjbW x1ZEhNdSBQ R0p5UGpVdU lFIFpwYm1G dVkybGggYk NCUVpYSm1i MyBKdFlXNW paVG9nIFZH aGxJR052Yl ggQmhibmtn YUdGeiBJR0 VnZEhKaFky IHNnY21Wam IzSmsgSUc5 bUlHUmxiRy BsMlpYSnBi bWNnIGMzUn liMjVuSUcg WnBibUZ1WT JsaCBiQ0J3 WlhKbWIzIE p0WVc1alpT d2cgYjJaMF pXNGdjSCBK dmRtbGthVz VuIElHRjBk SEpoWTMgUn BkbVVnY21W MCBkWEp1Y3 lCMGJ5IEJw ZEhNZ2RXNX AgZEdodmJH UmxjbiBNdU lFbDBJSEps IFozVnNZWE pzZVMgQmth WE4wY21saS BkWFJsY3lC a2FYIFpwWk dWdVpITXMg SUcxaGEybH VaeSBCcGRD QmhjSEJsIF lXeHBibWNn ZEcgOGdhVz VqYjIxbCBM V1p2WTNWel pXIFFnYVc1 MlpYTjAgYj NKekxqeGlj aiA0MkxpQk hjbTkzIGRH Z2dVM1J5WV ggUmxaM2s2 SUVKeSBiMj lyWm1sbGJH IFFnU1c1bW NtRnogZEhK MVkzUjFjbS BVZ1VHRnlk RzVsIGNuTW daVzF3Ykcg OTVjeUJoSU haaCBiSFZs TFdGa1pDIE JwYm5abGMz UnQgWlc1ME lITjBjbSBG MFpXZDVMQ0 J6IFpXVnJh VzVuSUggVn VaR1Z5Y0dW eSBabTl5Yl dsdVp5IEJo YzNObGRITW cgZEdoaGRD QmpZVyA0Z1 ltVWdhVzF3 IGNtOTJaV1 FnZEcgaHli M1ZuYUNCdi BjR1Z5WVhS cGIyIDVoYk NCbFptWnAg WTJsbGJtTn BaWCBNZ1lX NWtJSE4wIG NtRjBaV2Rw WXkgQmxibW hoYm1ObCBi V1Z1ZEhNdV BHIEp5UGpj dUlGTjAgY2 1GMFpXZHBZ eSBCUVlYSj BibVZ5IGMy aHBjSE02SU YgUm9aU0Jq YjIxdyBZVz U1SUc5bWRH IFZ1SUdOdm JHeGggWW05 eVlYUmxjeS BCM2FYUm9J RzkwIGFHVn lJR2x1YzMg UnBkSFYwYV c5dSBZV3dn YVc1MlpYIE 4wYjNKeklH RnUgWkNCd1 lYSjBibSBW eWN5QjBieU JqIGJ5MXBi blpsYzMgUW dhVzRnYkdG eSBaMlVnYV c1bWNtIEZ6 ZEhKMVkzUj EgY21VZ2NI SnZhbSBWam RITXNJR3hs IGRtVnlZV2 RwYm0gY2dj MmhoY21Way BJR1Y0Y0dW eWRHIGx6Wl NCaGJtUWcg WTJGd2FYUm hiQyA0OFlu SStPQzRnIF RHbHpkR1Zr SUUgVnVkR2 wwZVRvZyBR bkp2YjJ0bW FXIFZzWkNC SmJtWnkgWV hOMGNuVmpk SCBWeVpTQl FZWEowIGJt VnljeUJwY3 kgQnNhWE4w WldRZyBiMj RnZEdobElF IDVsZHlCWm IzSnIgSUZO MGIyTnJJRS BWNFkyaGhi bWRsIElDaE 9XVk5GS1Mg QmhibVFnZE dobCBJRlJ2 Y205dWRHID hnVTNSdlky c2cgUlhoam FHRnVaMiBV Z0tGUlRSU2 tzIElHMWhh Mmx1WnkgQn BkQ0JoWTJO bCBjM05wWW 14bElIIFJ2 SUdFZ2QybG sgWlNCeVlX NW5aUyBCdl ppQnBiblps IGMzUnZjbk 11UEcgSnlQ amt1SUVWNC BjR1Z5YVdW dVkyIFZrSU UxaGJtRm4g WlcxbGJuUW dWRyBWaGJU b2dWR2hsIE lHMWhibUZu WlcgMWxibl FnZEdWaCBi U0JoZENCQ2 NtIDl2YTJa cFpXeGsgSU VsdVpuSmhj MyBSeWRXTj BkWEpsIElG QmhjblJ1Wl ggSnpJR2ho Y3lCbCBlSF JsYm5OcGRt IFVnWlhod1 pYSnAgWlc1 alpTQnBiaS BCcGJtWnlZ WE4wIGNuVm pkSFZ5WlMg QmhibVFnYV c1MiBaWE4w YldWdWRDIE J0WVc1aFoy VnQgWlc1ME xDQmpiMiA1 MGNtbGlkWF JwIGJtY2dk RzhnYVcgNW 1iM0p0WldR ZyBaR1ZqYV hOcGIyIDFo YTJsdVp5Qm ggYm1RZ2Mz UnlZWCBSbF oybGpJSEJz IFlXNXVhVz VuTGogeGlj ajR4TUM1Si BibTV2ZG1G MGFYIFpsSU VacGJtRnUg WTJsdVp6b2 dWRyBobElH TnZiWEJoIG Jua2dhR0Z6 SUcgSmxaVz RnYVc1MiBi MngyWldRZ2 FXIDRnZG1G eWFXOTEgY3 lCcGJtNXZk bSBGMGFYWm xJR1pwIGJt RnVZMmx1Wn kgQnpiMngx ZEdsdiBibk 1nZEc4Z1pu IFZ1WkNCcG JtWnkgWVhO MGNuVmpkSC BWeVpTQndj bTlxIFpXTj BjeXdnYVcg NWpiSFZrYV c1biBJR2R5 WldWdUlHIE p2Ym1SeklH RnUgWkNCc2 IyNW5MWCBS bGNtMGdjM1 J5IGRXTjBk WEpsWkMgQm taV0owTGp4 aSBjajVVYU dWelpTIEJs YkdWdFpXNT AgY3lCamIy eHNaVyBOMG FYWmxiSGtn IFkyOXVkSE pwWW4gVjBa U0IwYnlCQy BjbTl2YTJa cFpXIHhrSU VsdVpuSmgg YzNSeWRXTj BkWCBKbElG QmhjblJ1IF pYSno0b0Na SUggSmxjSF YwWVhScCBi MjRnWVhNZ1 lTIEJzWldG a2FXNW4gSU hCc1lYbGxj aSBCcGJpQj BhR1VnIFoy eHZZbUZzSU cgbHVabkpo YzNSeSBkV0 4wZFhKbElH IGx1ZG1Wem RHMWwgYm5R Z2JHRnVaSC BOallYQmxM anhpIGNqND 0KICAgICAg ICA8L3NwYW 4+CiAgICAg ICAgCiAgIC AgICAg