Info
- Utilizzare la checkbox di selezione a fianco di ciascun documento per attivare le funzionalità di stampa, invio email, download nei formati disponibili del (i) record.
Financial modeling and valuation : a practical guide to investment banking and private equity / / Paul Pignataro
| Financial modeling and valuation : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Edizione | [2nd ed.] |
| Pubbl/distr/stampa | Hoboken, New Jersey : , : John Wiley & Sons, Inc., , [2022] |
| Descrizione fisica | 1 online resource (433 pages) |
| Disciplina | 332.66 |
| Collana | Wiley Finance Series |
| Soggetto topico |
Investment banking
Investment banking - Moral and ethical aspects |
| Soggetto genere / forma | Electronic books. |
| ISBN |
9781119808879
9781119808893 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910555254303321 |
Pignataro Paul
|
||
| Hoboken, New Jersey : , : John Wiley & Sons, Inc., , [2022] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Financial modeling and valuation : a practical guide to investment banking and private equity / / Paul Pignataro
| Financial modeling and valuation : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Edizione | [2nd ed.] |
| Pubbl/distr/stampa | John Wiley and Sons, Inc |
| Descrizione fisica | 1 online resource (433 pages) |
| Disciplina | 332.66 |
| Collana | Wiley Finance Series |
| Soggetto topico |
Investment banking
Investment banking - Moral and ethical aspects |
| ISBN |
1-119-80890-1
1-119-80887-1 1-119-80892-8 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Altri titoli varianti | Financial Modeling and Valuation |
| Record Nr. | UNINA-9910677134403321 |
|
Pignataro Paul
|
||
| John Wiley and Sons, Inc | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Financial modeling and valuation [[electronic resource] ] : a practical guide to investment banking and private equity / / Paul Pignataro
| Financial modeling and valuation [[electronic resource] ] : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Hoboken, N.J., : Wiley, c2013 |
| Descrizione fisica | 1 online resource (429 p.) |
| Disciplina | 332.66 |
| Collana | Wiley finance series |
| Soggetto topico | Investment banking |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-118-64535-9
1-118-55869-3 1-118-55874-X |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Financial Modeling and Valuation; Contents; Preface; The Walmart Case Study; How This Book Is Structured; Part ONE Financial Statements and Projections; Chapter 1 The Income Statement; Revenue; Cost of Goods Sold; Gross Profit; Operating Expenses; Other Income; EBITDA; Depreciation and Amortization; EBIT; Interest; EBT; Taxes; Net Income; Non-Recurring and Extraordinary Items; Distributions; Net Income (as Reported); Shares; Earnings per Share (EPS); Walmart's Income Statement; Revenue; Getting to EBITDA; Digging up Depreciation; Cost of Goods Sold; Gross Profit
Selling, General, and Administrative Expenses Other Income; EBITDA; Beyond EBITDA; Depreciation and Amortization; EBIT; Interest; EBT; Taxes; Net Income; Non-Recurring Events; Net Income (after Non-Recurring Events); Distributions; Net Income (as Reported); Shares and EPS; Income Statement-Making Projections; Revenue; Cost of Goods Sold; Operating Expenses; Depreciation and Amortization; Interest Income; Taxes; Non-Recurring Events; Non-Controlling Interest; Shares; Basic Shares Outstanding; Diluted Shares Outstanding and the Treasury Method; Earnings per Share Chapter 2 The Cash Flow Statement Cash from Operating Activities; Revenue; Cost of Goods Sold; Operating Expenses; Depreciation; Interest; Taxes; Cash from Investing Activities; Cash from Financing Activities; Financial Statement Flows Example; Walmart's Cash Flow Statement; Cash from Operating Activities; Cash from Investing Activities; Cash from Financing Activities; Cash Flow Statement-Making Projections; Cash from Operating Activities; The Seven Methods of Projections; Cash from Investing Activities; Proceeds from Disposal of Property and Equipment; Items Based on Cash Available Cash Flow from Financing Activities Dividends; Purchase of Common Stock; Purchase of Redeemable Non-Controlling Interest; Payment of Capital Lease Obligations; Other Financing Activities; Effect of Exchange Rate on Cash; Chapter 3 Depreciation Schedule; Straight Line Depreciation; Accelerated Depreciation; Declining Balance; Sum of the Year's Digits; Modified Accelerated Cost Recovery System (MACRS); Deferred Taxes; Deferred Tax Asset; NOL Carryback Example; Deferred Tax Liability; Projecting Depreciation; Straight Line Depreciation; Anchoring Formula References; Accelerated Depreciation Chapter 4 Working Capital Operating Working Capital; Walmart's Operating Working Capital; Receivables; Inventory; Prepaid Expenses; Accounts Payable; Accrued Liabilities; Accrued Income Taxes; Projecting Operating Working Capital; Receivables; Inventories; Prepaid Expenses; Accounts Payable; Accrued Liabilities; Accrued Income Taxes; Operating Working Capital and the Cash Flow Statement; Changes in Accounts Receivable; Inventories; Prepaid Expenses; Changes in Accounts Payable; Changes in Accrued Liabilities; Changes in Accrued Income Taxes; Chapter 5 The Balance Sheet; Assets; Current Assets Cash and Cash Equivalents |
| Record Nr. | UNINA-9910452642303321 |
|
Pignataro Paul
|
||
| Hoboken, N.J., : Wiley, c2013 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Financial modeling and valuation [[electronic resource] ] : a practical guide to investment banking and private equity / / Paul Pignataro
| Financial modeling and valuation [[electronic resource] ] : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Hoboken, N.J., : Wiley, c2013 |
| Descrizione fisica | 1 online resource (429 p.) |
| Disciplina | 332.66 |
| Collana | Wiley finance series |
| Soggetto topico | Investment banking |
| ISBN |
1-118-64535-9
1-118-55869-3 1-118-55874-X |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Financial Modeling and Valuation; Contents; Preface; The Walmart Case Study; How This Book Is Structured; Part ONE Financial Statements and Projections; Chapter 1 The Income Statement; Revenue; Cost of Goods Sold; Gross Profit; Operating Expenses; Other Income; EBITDA; Depreciation and Amortization; EBIT; Interest; EBT; Taxes; Net Income; Non-Recurring and Extraordinary Items; Distributions; Net Income (as Reported); Shares; Earnings per Share (EPS); Walmart's Income Statement; Revenue; Getting to EBITDA; Digging up Depreciation; Cost of Goods Sold; Gross Profit
Selling, General, and Administrative Expenses Other Income; EBITDA; Beyond EBITDA; Depreciation and Amortization; EBIT; Interest; EBT; Taxes; Net Income; Non-Recurring Events; Net Income (after Non-Recurring Events); Distributions; Net Income (as Reported); Shares and EPS; Income Statement-Making Projections; Revenue; Cost of Goods Sold; Operating Expenses; Depreciation and Amortization; Interest Income; Taxes; Non-Recurring Events; Non-Controlling Interest; Shares; Basic Shares Outstanding; Diluted Shares Outstanding and the Treasury Method; Earnings per Share Chapter 2 The Cash Flow Statement Cash from Operating Activities; Revenue; Cost of Goods Sold; Operating Expenses; Depreciation; Interest; Taxes; Cash from Investing Activities; Cash from Financing Activities; Financial Statement Flows Example; Walmart's Cash Flow Statement; Cash from Operating Activities; Cash from Investing Activities; Cash from Financing Activities; Cash Flow Statement-Making Projections; Cash from Operating Activities; The Seven Methods of Projections; Cash from Investing Activities; Proceeds from Disposal of Property and Equipment; Items Based on Cash Available Cash Flow from Financing Activities Dividends; Purchase of Common Stock; Purchase of Redeemable Non-Controlling Interest; Payment of Capital Lease Obligations; Other Financing Activities; Effect of Exchange Rate on Cash; Chapter 3 Depreciation Schedule; Straight Line Depreciation; Accelerated Depreciation; Declining Balance; Sum of the Year's Digits; Modified Accelerated Cost Recovery System (MACRS); Deferred Taxes; Deferred Tax Asset; NOL Carryback Example; Deferred Tax Liability; Projecting Depreciation; Straight Line Depreciation; Anchoring Formula References; Accelerated Depreciation Chapter 4 Working Capital Operating Working Capital; Walmart's Operating Working Capital; Receivables; Inventory; Prepaid Expenses; Accounts Payable; Accrued Liabilities; Accrued Income Taxes; Projecting Operating Working Capital; Receivables; Inventories; Prepaid Expenses; Accounts Payable; Accrued Liabilities; Accrued Income Taxes; Operating Working Capital and the Cash Flow Statement; Changes in Accounts Receivable; Inventories; Prepaid Expenses; Changes in Accounts Payable; Changes in Accrued Liabilities; Changes in Accrued Income Taxes; Chapter 5 The Balance Sheet; Assets; Current Assets Cash and Cash Equivalents |
| Record Nr. | UNINA-9910779755603321 |
|
Pignataro Paul
|
||
| Hoboken, N.J., : Wiley, c2013 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Financial modeling and valuation : a practical guide to investment banking and private equity / / Paul Pignataro
| Financial modeling and valuation : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Hoboken, N.J., : Wiley, c2013 |
| Descrizione fisica | 1 online resource (429 p.) |
| Disciplina | 332.66 |
| Collana | Wiley finance series |
| Soggetto topico | Investment banking |
| ISBN |
1-118-64535-9
1-118-55869-3 1-118-55874-X |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Financial Modeling and Valuation; Contents; Preface; The Walmart Case Study; How This Book Is Structured; Part ONE Financial Statements and Projections; Chapter 1 The Income Statement; Revenue; Cost of Goods Sold; Gross Profit; Operating Expenses; Other Income; EBITDA; Depreciation and Amortization; EBIT; Interest; EBT; Taxes; Net Income; Non-Recurring and Extraordinary Items; Distributions; Net Income (as Reported); Shares; Earnings per Share (EPS); Walmart's Income Statement; Revenue; Getting to EBITDA; Digging up Depreciation; Cost of Goods Sold; Gross Profit
Selling, General, and Administrative Expenses Other Income; EBITDA; Beyond EBITDA; Depreciation and Amortization; EBIT; Interest; EBT; Taxes; Net Income; Non-Recurring Events; Net Income (after Non-Recurring Events); Distributions; Net Income (as Reported); Shares and EPS; Income Statement-Making Projections; Revenue; Cost of Goods Sold; Operating Expenses; Depreciation and Amortization; Interest Income; Taxes; Non-Recurring Events; Non-Controlling Interest; Shares; Basic Shares Outstanding; Diluted Shares Outstanding and the Treasury Method; Earnings per Share Chapter 2 The Cash Flow Statement Cash from Operating Activities; Revenue; Cost of Goods Sold; Operating Expenses; Depreciation; Interest; Taxes; Cash from Investing Activities; Cash from Financing Activities; Financial Statement Flows Example; Walmart's Cash Flow Statement; Cash from Operating Activities; Cash from Investing Activities; Cash from Financing Activities; Cash Flow Statement-Making Projections; Cash from Operating Activities; The Seven Methods of Projections; Cash from Investing Activities; Proceeds from Disposal of Property and Equipment; Items Based on Cash Available Cash Flow from Financing Activities Dividends; Purchase of Common Stock; Purchase of Redeemable Non-Controlling Interest; Payment of Capital Lease Obligations; Other Financing Activities; Effect of Exchange Rate on Cash; Chapter 3 Depreciation Schedule; Straight Line Depreciation; Accelerated Depreciation; Declining Balance; Sum of the Year's Digits; Modified Accelerated Cost Recovery System (MACRS); Deferred Taxes; Deferred Tax Asset; NOL Carryback Example; Deferred Tax Liability; Projecting Depreciation; Straight Line Depreciation; Anchoring Formula References; Accelerated Depreciation Chapter 4 Working Capital Operating Working Capital; Walmart's Operating Working Capital; Receivables; Inventory; Prepaid Expenses; Accounts Payable; Accrued Liabilities; Accrued Income Taxes; Projecting Operating Working Capital; Receivables; Inventories; Prepaid Expenses; Accounts Payable; Accrued Liabilities; Accrued Income Taxes; Operating Working Capital and the Cash Flow Statement; Changes in Accounts Receivable; Inventories; Prepaid Expenses; Changes in Accounts Payable; Changes in Accrued Liabilities; Changes in Accrued Income Taxes; Chapter 5 The Balance Sheet; Assets; Current Assets Cash and Cash Equivalents |
| Record Nr. | UNINA-9910823207003321 |
|
Pignataro Paul
|
||
| Hoboken, N.J., : Wiley, c2013 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Leveraged buyouts : a practical guide to investment banking and private equity / / Paul Pignataro
| Leveraged buyouts : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Hoboken, New Jersey : , : John Wiley & Sons, Inc., , [2014] |
| Descrizione fisica | 1 online resource (450 p.) |
| Disciplina | 658.1/62 |
| Collana | Wiley finance series |
| Soggetto topico |
Leveraged buyouts
Consolidation and merger of corporations Investment banking Private equity |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-118-67445-6
1-118-67458-8 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | part one. Leveraged buyout overview -- part two. Leveraged buyout full-scale model -- part three. Advanced leveraged buyout techniques. |
| Record Nr. | UNINA-9910453620003321 |
|
Pignataro Paul
|
||
| Hoboken, New Jersey : , : John Wiley & Sons, Inc., , [2014] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Leveraged buyouts : a practical guide to investment banking and private equity / / Paul Pignataro
| Leveraged buyouts : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Hoboken, New Jersey : , : John Wiley & Sons, Inc., , [2014] |
| Descrizione fisica | 1 online resource (450 p.) |
| Disciplina | 658.1/62 |
| Collana | Wiley finance series |
| Soggetto topico |
Leveraged buyouts
Consolidation and merger of corporations Investment banking Private equity |
| ISBN |
1-118-67445-6
1-118-67458-8 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | part one. Leveraged buyout overview -- part two. Leveraged buyout full-scale model -- part three. Advanced leveraged buyout techniques. |
| Record Nr. | UNINA-9910790835903321 |
|
Pignataro Paul
|
||
| Hoboken, New Jersey : , : John Wiley & Sons, Inc., , [2014] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Leveraged buyouts : a practical guide to investment banking and private equity / / Paul Pignataro
| Leveraged buyouts : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Hoboken, New Jersey : , : John Wiley & Sons, Inc., , [2014] |
| Descrizione fisica | 1 online resource (450 p.) |
| Disciplina | 658.1/62 |
| Collana | Wiley finance series |
| Soggetto topico |
Leveraged buyouts
Consolidation and merger of corporations Investment banking Private equity |
| ISBN |
1-118-67445-6
1-118-67458-8 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | part one. Leveraged buyout overview -- part two. Leveraged buyout full-scale model -- part three. Advanced leveraged buyout techniques. |
| Record Nr. | UNINA-9910810464003321 |
|
Pignataro Paul
|
||
| Hoboken, New Jersey : , : John Wiley & Sons, Inc., , [2014] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Mergers, acquisitions, divestitures, and other restructurings : a practical guide to investment banking and private equity / / Paul Pignataro
| Mergers, acquisitions, divestitures, and other restructurings : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Pubbl/distr/stampa | Hoboken, New Jersey : , : John Wiley & Sons, , 2015 |
| Descrizione fisica | 1 online resource (369 p.) |
| Disciplina | 658.1/62 |
| Collana | Wiley Finance Series |
| Soggetto topico |
Consolidation and merger of corporations
Leveraged buyouts Corporate reorganizations |
| ISBN | 1-118-90867-8 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Title Page; Copyright; Contents; Preface; Part 1 Introduction; Chapter 1 Merger and Acquisitions Overview; The M&A Process; Office Depot and OfficeMax; Chapter 2 Financial Statements Refresher; The Income Statement; The Cash Flow Statement; The Balance Sheet; Depreciation; Working Capital; Debt Schedule; Financial Statement Flows Example; Part 2 M&A Analyses; Chapter 3 Raising Debt and Equity; Raising Debt; Raising Equity; Chapter 4 Asset Acquisitions and Asset Divestitures; Asset Acquisitions; Asset Divestitures; Chapter 5 Accretion/Dilution Analysis
Step 1: Obtaining a Purchase PriceStep 2: Estimating Sources and Uses of Funds; Step 3: Creating a Pro-Forma Analysis; Summary; Drivers; Part 3 Office Depot/OfficeMax Merger; Chapter 6 Assumptions; Uses of Funds; Sources of Funds; Chapter 7 Income Statement; Pro-Forma Income Statement; Chapter 8 Cash Flow Statement; Cash Flow from Operating Activities; Chapter 9 Balance Sheet Adjustments; The Buyer Is Paying For; The Buyer Is Receiving; Additional Adjustments; Office Depot and OfficeMax Balance Sheet Adjustments; Chapter 10 Depreciation Schedule; Straight-Line Depreciation Chapter 11 Operating Working CapitalReceivables; Inventories; Prepaid Expenses and Other Current Assets; Deferred Income Taxes and Receivables; Trade Accounts Payable, Accrued Expenses, and Other Accrued Liabilities; Income Tax Payable; Other Current Liabilities; Projecting Operating Working Capital; Operating Working Capital and the Cash Flow Statement; Chapter 12 Balance Sheet Projections; Cash Flow Drives Balance Sheet versus Balance Sheet Drives Cash Flow; Balancing an Unbalanced Balance Sheet; Chapter 13 Debt Schedule and Circular References; Debt Schedule Structure Modeling the Debt ScheduleCircular References; Automatic Debt Paydowns; Basic Switches; Chapter 14 Accretion/Dilution; Fairness Opinions; Preferred Shares; Contribution Analysis; Conclusion; Appendixes; Appendix 1: Model Quick Steps; Appendix 2: Financial Statement Flows; Appendix 3: Excel Hot Keys; About the Companion Website; About the Author; Index; EULA |
| Record Nr. | UNINA-9910798927903321 |
|
Pignataro Paul
|
||
| Hoboken, New Jersey : , : John Wiley & Sons, , 2015 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Mergers, acquisitions, divestitures, and other restructurings : a practical guide to investment banking and private equity / / Paul Pignataro
| Mergers, acquisitions, divestitures, and other restructurings : a practical guide to investment banking and private equity / / Paul Pignataro |
| Autore | Pignataro Paul |
| Pubbl/distr/stampa | Hoboken, New Jersey : , : John Wiley & Sons, , 2015 |
| Descrizione fisica | 1 online resource (369 p.) |
| Disciplina | 658.1/62 |
| Collana | Wiley Finance Series |
| Soggetto topico |
Consolidation and merger of corporations
Leveraged buyouts Corporate reorganizations |
| ISBN | 1-118-90867-8 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Title Page; Copyright; Contents; Preface; Part 1 Introduction; Chapter 1 Merger and Acquisitions Overview; The M&A Process; Office Depot and OfficeMax; Chapter 2 Financial Statements Refresher; The Income Statement; The Cash Flow Statement; The Balance Sheet; Depreciation; Working Capital; Debt Schedule; Financial Statement Flows Example; Part 2 M&A Analyses; Chapter 3 Raising Debt and Equity; Raising Debt; Raising Equity; Chapter 4 Asset Acquisitions and Asset Divestitures; Asset Acquisitions; Asset Divestitures; Chapter 5 Accretion/Dilution Analysis
Step 1: Obtaining a Purchase PriceStep 2: Estimating Sources and Uses of Funds; Step 3: Creating a Pro-Forma Analysis; Summary; Drivers; Part 3 Office Depot/OfficeMax Merger; Chapter 6 Assumptions; Uses of Funds; Sources of Funds; Chapter 7 Income Statement; Pro-Forma Income Statement; Chapter 8 Cash Flow Statement; Cash Flow from Operating Activities; Chapter 9 Balance Sheet Adjustments; The Buyer Is Paying For; The Buyer Is Receiving; Additional Adjustments; Office Depot and OfficeMax Balance Sheet Adjustments; Chapter 10 Depreciation Schedule; Straight-Line Depreciation Chapter 11 Operating Working CapitalReceivables; Inventories; Prepaid Expenses and Other Current Assets; Deferred Income Taxes and Receivables; Trade Accounts Payable, Accrued Expenses, and Other Accrued Liabilities; Income Tax Payable; Other Current Liabilities; Projecting Operating Working Capital; Operating Working Capital and the Cash Flow Statement; Chapter 12 Balance Sheet Projections; Cash Flow Drives Balance Sheet versus Balance Sheet Drives Cash Flow; Balancing an Unbalanced Balance Sheet; Chapter 13 Debt Schedule and Circular References; Debt Schedule Structure Modeling the Debt ScheduleCircular References; Automatic Debt Paydowns; Basic Switches; Chapter 14 Accretion/Dilution; Fairness Opinions; Preferred Shares; Contribution Analysis; Conclusion; Appendixes; Appendix 1: Model Quick Steps; Appendix 2: Financial Statement Flows; Appendix 3: Excel Hot Keys; About the Companion Website; About the Author; Index; EULA |
| Record Nr. | UNINA-9910820938603321 |
|
Pignataro Paul
|
||
| Hoboken, New Jersey : , : John Wiley & Sons, , 2015 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
