Market announcement
AS TALLINNA VESI
LEI code
5493000M6TVS2X0KWC97
Size of the entity
Large group
Economic activities
Water Supply; Sewerage, Waste Management and Remediation Activities
Country of registered office
Estonia
General information
Categories
Management interim statement or quarterly financial report
Unique data record identifier
8197
Attachments
Submission date and time
31.07.2020 09:00:00
Content of announcement in Estonian
Title
ASi Tallinna Vesi 2020. aasta teise kvartali finantstulemused
Message
ASi Tallinna Vesi 2020. aasta teise kvartali müügitulud kahanesid võrreldes
2019. aasta sama perioodiga tulenevalt uutest madalamatest tariifidest ja
koroonaviiruse levikuga seotud tarbimise vähenemisest 25,1% ja ulatusid 12,09
miljoni euro tasemele.
Eraklientide müügitulu vähenes tulenevalt uuest madalamast tariifist 21,9%,
ulatudes 5,10 miljoni euroni. Tariifi languse mõju tasakaalustas mõningal määral
korteriühistute, see tähendab ettevõtte suurima eraklientide segmendi, tarbimise
suurenemine tulenevalt koroonaviiruse mõjust, sest paljud elanikud olid sunnitud
töötama kodust.
Põhitegevuspiirkonna äriklientide müügitulu vähenes 45,1% 2,95 miljoni euroni,
mida mõjutas peamiselt 35% võrra väiksem tarbimine ja samuti madalamad tariifid.
Äriklientide segmendis mõjutas koroonaviirus tarbimismahtusid negatiivselt, sest
paljud ettevõtted olid viiruse leviku tõkestamiseks suures osas suletud alates
märtsi keskpaigast kuni mai lõpuni.
2020. aasta teise kvartali brutokasum oli 4,73 miljonit eurot, näidates 46,2%-
list langust, mis on peamiselt seotud madalama müügituluga. Ettevõtte ärikasum
oli 4,59 miljonit eurot, mis on 2,01 miljonit eurot vähem kui võrreldaval
perioodil. Lisaks muutustele tariifis ja tarbimismahtudes mõjutasid ärikasumit
ka 1,20 miljoni euro suurune muudatus võimalike kolmandate osapoolte nõuete
puhuks moodustatud provisjonis ja madalamad tariifivaidlusega seotud
õigusabikulud.
Ettevõtte puhaskasum oli 2020. aasta teises kvartalis 0,15 miljonit eurot, mis
on 94,5% vähem kui 2019. aasta teises kvartalis ja seda mõjutasid täiendavalt
kõrgemad dividendimaksega seotud maksud ja madalamad finantskulud.
Koroonaviirus mõjutas ka ehitusteenuste müüki, sest mitmete uusarenduste algus
Tallinnas lükati seoses eriolukorra ja kaasnenud mõjudega edasi. Samal ajal
jätkas tütarettevõte Watercom teises kvartalis mitmete suurte 2019. aastal
võidetud projektide ehitust Tallinnas ja teistes Eesti piirkondades.
Ehitusteenuste müügitulu vähenes võrreldes eelmise aasta sama perioodiga 18,6%
ehk 0,27 miljonit eurot.
PÕHILISED FINANTSNÄITAJAD
2. kvartal 6 kuud
miljonites eurodes Muutus Muutus
v.a suhtarvud 2020 2019 2018 2020/ 2019 2020 2019 2018 2020/ 2019
--------------------------------------------------------------------------------
Müügitulu 12,09 16,15 15,98 -25,1% 25,27 30,81 30,06 -18,0%
Brutokasum 4,73 8,79 8,90 -46,2% 10,79 17,05 17,22 -36,7%
Brutokasumi
marginaal % 39,16 54,44 55,68 -28,1% 42,70 55,34 57,29 -22,8%
Amortisatsioonieelne
ärikasum 6,14 8,07 8,96 -23,9% 13,32 16,46 17,18 -19,1%
Amortisatsioonieelse
ärikasumi marginaal
% 50,76 49,96 56,04 1,6% 52,70 53,43 57,15 -1,4%
Ärikasum 4,59 6,60 7,54 -30,4% 10,26 13,49 14,34 -24,0%
Ärikasum -
põhitegevus 4,32 6,40 7,35 -32,6% 9,94 13,18 14,09 -24,6%
Ärikasumi marginaal
% 37,99 40,88 47,18 -7,1% 40,61 43,79 47,70 -7,3%
Kasum enne
tulumaksustamist 4,51 6,34 7,27 -28,9% 10,06 13,02 13,80 -22,7%
Maksustamiseelse
kasumi marginaal % 37,29 39,23 45,47 -4,9% 39,82 42,25 45,91 -5,8%
Puhaskasum 0,15 2,79 5,47 -94,5% 5,71 9,48 12,00 -39,8%
Puhaskasumi
marginaal % 1,27 17,29 34,20 -92,7% 22,59 30,75 39,92 -26,5%
Vara puhasrentaablus
% 0,06 1,09 2,32 -94,6% 2,22 3,78 5,16 -41,2%
Kohustiste
osatähtsus
koguvarast % 59,63 61,32 61,64 -2,8% 59,63 61,32 61,64 -2,8%
Omakapitali
puhasrentaablus % 0,14 2,70 5,97 -94,9% 5,27 9,48 13,60 -44,4%
Lühiajaliste
kohustiste
kattekordaja 3,23 3,90 5,00 -17,2% 3,23 3,90 5,00 -17,2%
Maksevõime kordaja 3,18 3,87 4,96 -17,8% 3,18 3,87 4,96 -17,8%
Investeeringud
põhivarasse 4,27 2,70 2,21 58,2% 7,85 6,11 3,07 28,6%
Dividendide
väljamaksmise määr % na 72,05 62,11 na 72,05 62,11
--------------------------------------------------------------------------------
Brutokasumi marginaal - brutokasum / müügitulu
Ärikasumi marginaal - ärikasum / müügitulu
Amortisatsioonieelne kasum - ärikasum + kulum
Amortisatsioonieelse kasumi marginaal - amortisatsioonieelne kasum / müügitulu
Puhaskasumi marginaal - puhaskasum / müügitulu
Vara puhasrentaablus - puhaskasum / perioodi keskmine vara kokku
Kohustiste osatähtsus koguvarast - kohustised kokku / vara kokku
Omakapitali puhasrentaablus - puhaskasum / perioodi keskmine omakapital kokku
Lühiajaliste kohustiste kattekordaja - käibevara / lühiajalised kohustised
Maksevõime kordaja - (käibevara - varud) / lühiajalised kohustised
Dividendide väljamaksmise määr - dividendid aastas kokku / aasta puhaskasum
kokku
Põhitegevus - veeteenustega seotud tegevused, v.a võrkude laiendamine ja
sihtfinantseerimine, ehitusteenused, lootusetud nõuded
KOONDKASUMIARUANNE II kvartal II kvartal 6 kuud 6 kuud 12 kuud
tuhandetes eurodes 2020 2019 2020 2019 2019
Müügitulu 12 089 16 149 25 269 30 813 63 423
Müüdud toodete/teenuste
kulud -7 355 -7 358 -14 478 -13 762 -29 470
-------------------------------------------------------------------------------
BRUTOKASUM 4 734 8 791 10 791 17 051 33 953
Turustuskulud -109 -96 -226 -208 -390
Üldhalduskulud -1 213 -2 026 -2 508 -3 288 -5 689
Muud äritulud(+)/-kulud (-) 1 180 -67 2 205 -61 4 201
-------------------------------------------------------------------------------
ÄRIKASUM 4 592 6 602 10 262 13 494 32 075
Intressitulud 12 10 24 18 38
Intressikulud -96 -276 -223 -491 -809
Muud finantstulud (+)/
-kulud (-)
-------------------------------------------------------------------------------
KASUM ENNE TULUMAKSUSTAMIST 4 508 6 336 10 063 13 021 31 304
Dividendide tulumaks -4 355 -3 544 -4 355 -3 544 -3 544
PERIOODI PUHASKASUM 153 2 792 5 708 9 477 27 760
-------------------------------------------------------------------------------
PERIOODI KOONDKASUM 153 2 792 5 708 9 477 27 760
Jaotatav kasum:
-------------------------------------------------------------------------------
A- aktsia omanikele 152 2 791 5 707 9 476 27 759
B- aktsia omanikule 0,60 0,60 0,60 0,60 0,60
Kasum A aktsia kohta
(eurodes) 0,01 0,14 0,29 0,47 1,39
Kasum B aktsia kohta
(eurodes) 600 600 600 600 600
FINANTSSEISUNDI ARUANNE
tuhandetes eurodes 30.06.20 30.06.19 31.12.2019
VARAD
KÄIBEVARA
-------------------------------------------------------------------------------
Raha ja raha ekvivalendid 48 826 58 895 64 775
Nõuded ostjate vastu, viitlaekumised ja
ettemaksed 6 081 8 278 7 239
Varud 742 526 504
-------------------------------------------------------------------------------
KÄIBEVARA KOKKU 55 649 67 699 72 518
PÕHIVARA
-------------------------------------------------------------------------------
Materiaalne põhivara 194 467 183 028 189 627
Immateriaalne põhivara 629 645 710
-------------------------------------------------------------------------------
PÕHIVARA KOKKU 195 096 183 673 190 337
-------------------------------------------------------------------------------
VARAD KOKKU 250 745 251 372 262 855
KOHUSTISED JA OMAKAPITAL
LÜHIAJALISED KOHUSTISED
-------------------------------------------------------------------------------
Pikaajaliste rendikohustiste lühiajaline osa 493 388 352
Pikaajaliste laenukohustiste lühiajaline osa 3 630 3 632 3 631
Võlad hankijatele ja muud võlad 10 828 10 124 6 718
Tuletisinstrumendid 70 247 221
Ettemaksed 2 233 2 961 2 323
-------------------------------------------------------------------------------
LÜHIAJALISED KOHUSTISED KOKKU 17 254 17 352 13 245
PIKAAJALISED KOHUSTISED
-------------------------------------------------------------------------------
Tulevaste perioodide tulu liitumistasudelt 32 865 27 017 31 070
Rendikohustised 1 552 1 048 964
Laenukohustised 85 785 89 486 87 592
Tuletisinstrumendid 0 115 0
Eraldis võimalike kolmandate osapoolte nõuete
katteks 12 035 19 068 14 442
Muud võlad 23 45 18
-------------------------------------------------------------------------------
PIKAAJALISED KOHUSTISED KOKKU 132 260 136 779 134 086
-------------------------------------------------------------------------------
KOHUSTISED KOKKU 149 514 154 131 147 331
OMAKAPITAL
-------------------------------------------------------------------------------
Aktsiakapital 12 000 12 000 12 000
Ülekurss 24 734 24 734 24 734
Kohustuslik reservkapital 1 278 1 278 1 278
Jaotamata kasum 63 219 59 229 77 512
-------------------------------------------------------------------------------
OMAKAPITAL KOKKU 101 231 97 241 115 524
-------------------------------------------------------------------------------
0 0 0
KOHUSTISED JA OMAKAPITAL KOKKU 250 745 251 372 262 855
RAHAVOOGUDE ARUANNE 6 kuud 6 kuud 12 kuud
tuhandetes eurodes 2020 2019 2019
ÄRITEGEVUSE RAHAVOOD
-------------------------------------------------------------------------------
Ärikasum 10 262 13 494 32 075
Korrigeerimine kulumiga 3 054 2 969 6 109
Korrigeerimine rajamistuludega -225 -179 -389
Muud mitterahalised korrigeerimised -2 407 0 -4 624
Kasum (-)/kahjum (+) põhivara müügist ja
mahakandmisest -11 -5 138
Äritegevusega seotud käibevara muutus 938 -663 391
Äritegevusega seotud kohustiste muutus -481 570 318
-------------------------------------------------------------------------------
ÄRITEGEVUSE RAHAVOOD KOKKU 11 130 16 186 34 018
INVESTEERIMISTEGEVUSE RAHAVOOD
-------------------------------------------------------------------------------
Põhivara soetamine -5 450 -3 093 -10 441
Torustike ehituse eest saadud kompensatsioonid,
sh liitumiste rajamistulud 718 1 668 3 010
Põhivara müügitulu 28 7 24
Saadud intressid 30 15 36
-------------------------------------------------------------------------------
INVESTEERIMISTEGEVUSE RAHAVOOD KOKKU -4 674 -1 403 -7 371
FINANTSEERIMISTEGEVUSE RAHAVOOD
-------------------------------------------------------------------------------
Tasutud intressid ja laenu finantseerimise
kulud, sh swapi intressid -367 -509 -1 056
Tasutud rendimaksed -259 -209 -404
Saadud laenud 0 0 37 500
Tasutud laenud -1 818 -1 818 -41 136
Tasutud dividendid -19 888 -14 965 -14 965
Tasutud kinnipeetud tulumaks dividendidelt 0 0 -36
Tasutud tulumaks dividendidelt -73 -156 -3 544
-------------------------------------------------------------------------------
FINANTSEERIMISTEGEVUSE RAHAVOOD KOKKU -22 405 -17 657 -23 641
-------------------------------------------------------------------------------
RAHA JA RAHA EKVIVALENTIDE MUUTUS -15 949 -2 874 3 006
-------------------------------------------------------------------------------
RAHA JA RAHA EKVIVALENDID PERIOODI ALGUSES 64 775 61 769 61 769
-------------------------------------------------------------------------------
RAHA JA RAHA EKVIVALENDID PERIOODI LÕPUS 48 826 58 895 64 775
Karl Heino Brookes
Juhatuse esimees
+372 62 62 200
[email protected] (https://www.globenewswire.com/Tracker?data=ylcNe-
3F3FLka4eLvHeGMcRuXyAA2xSI9Gq80foEdoKuI79SQ0EvoV5ycfpP4_5vynG5KKdwi9U4XaRB6YWWsb
bMaNNvI-4YHIKk5uR0t4E=)
Content of announcement in English
Title
AS Tallinna Vesi´s financial results for the 2nd quarter of 2020
Message
Due to the new reduced tariffs and lower consumption, induced by the spread of coronavirus, the sales revenue of AS Tallinna Vesi in the 2(nd) quarter of 2020 was EUR12.09 million, i.e. 25.1% lower compared with the same period of 2019. The sales revenue from private customers was EUR5.10 million, showing a decrease of 21.9% due to the new reduced tariffs. The tariffs impact was partly balanced by higher consumption of apartment blocks, which is the company's largest private customer segment, because large number of people were working from home due to the arrangements regarding coronavirus. In the main service area, the sales revenue from commercial customers dropped by 45.1% year-on-year to EUR2.95 million, which was mainly attributable to 35% less consumption and lower tariffs as well. Consumption in commercial customer segment was adversely impacted by coronavirus, because very many companies were closed from mid-March to the end of May to prevent the spread of the virus. The gross profit of the 2(nd) quarter of 2020 was EUR4.73 million, showing a 46.2% decrease mostly due to lower sales revenues. The operating profit was EUR4.59 million, lower by EUR2.01 million year-on-year. Besides changes in tariffs and consumption, the operating profit was also impacted by EUR1.20 million change in the provision for third-party claims and lower legal costs related to the tariff dispute. The net profit for the 2(nd) quarter of 2020 was EUR0.15 million. It showed a 94.5% decrease compared to the same period last year and was additionally impacted by higher dividend tax payments and lower financial expenses. Coronavirus also affected the sale of construction services, because the start of several new developments in Tallinn was postponed due to the emergency situation declared in Estonia and consequent effects. At the same time, the subsidiary Watercom continued the works on several larger projects they had been awarded in 2019 in Tallinn and other areas of Estonia. The revenue from construction services decreased by 18.6% or EUR0.27 million year-on-year. MAIN FINANCIAL INDICATORS EUR million, 2(nd) quarter 6 months except key Change Change ratios 2020 2019 2018 2020/ 2019 2020 2019 2018 2020/ 2019 ------------------------------------------------------------------------------- Sales 12.09 16.15 15.98 -25.1% 25.27 30.81 30.06 -18.0% Gross profit 4.73 8.79 8.90 -46.2% 10.79 17.05 17.22 -36.7% Gross profit margin % 39.16 54.44 55.68 -28.1% 42.70 55.34 57.29 -22.8% Operating profit before depreciation and amortisation 6.14 8.07 8.96 -23.9% 13.32 16.46 17.18 -19.1% Operating profit before depreciation and amortisation margin % 50.76 49.96 56.04 1.6% 52.70 53.43 57.15 -1.4% Operating profit 4.59 6.60 7.54 -30.4% 10.26 13.49 14.34 -24.0% Operating profit - main business 4.32 6.40 7.35 -32.6% 9.94 13.18 14.09 -24.6% Operating profit margin % 37.99 40.88 47.18 -7.1% 40.61 43.79 47.70 -7.3% Profit before taxes 4.51 6.34 7.27 -28.9% 10.06 13.02 13.80 -22.7% Profit before taxes margin % 37.29 39.23 45.47 -4.9% 39.82 42.25 45.91 -5.8% Net profit 0.15 2.79 5.47 -94.5% 5.71 9.48 12.00 -39.8% Net profit margin % 1.27 17.29 34.20 -92.7% 22.59 30.75 39.92 -26.5% ROA % 0.06 1.09 2.32 -94.6% 2.22 3.78 5.16 -41.2% Debt to total capital employed % 59.63 61.32 61.64 -2.8% 59.63 61.32 61.64 -2.8% ROE % 0.14 2.70 5.97 -94.9% 5.27 9.48 13.60 -44.4% Current ratio 3.23 3.90 5.00 -17.2% 3.23 3.90 5.00 -17.2% Quick ratio 3.18 3.87 4.96 -17.8% 3.18 3.87 4.96 -17.8% Investments into fixed assets 4.27 2.70 2.21 58.2% 7.85 6.11 3.07 28.6% Payout ratio % na 72.05 62.11 na 72.05 62.11 ------------------------------------------------------------------------------- Gross profit margin - Gross profit / Net sales Operating profit before depreciation and amortisation - Operating profit + depreciation and amortisation Operating profit before depreciation and amortisation margin - Operating profit before depreciation and amortisation / Net sales Operating profit margin - Operating profit / Net sales Net profit margin - Net profit / Net sales ROA - Net profit / Average Total assets for the period Debt to Total capital employed - Total liabilities / Total capital employed ROE - Net profit / Average Total equity for the period Current ratio - Current assets / Current liabilities Quick ratio - (Current assets - Stocks) / Current liabilities Payout ratio - Total Dividends per annum/ Total Net Income per annum Main business - water services related activities, excl. connections profit and government grants, construction services, doubtful debt STATEMENT OF 2(nd) 2(nd) COMPREHENSIVE INCOME quarter quarter 6 months 6 months 12 months EUR thousand 2020 2019 2020 2019 2019 Revenue 12,089 16,149 25,269 30,813 63,423 Cost of goods and services sold -7,355 -7,358 -14,478 -13,762 -29,470 ------------------------------------------------------------------------------- GROSS PROFIT 4,734 8,791 10,791 17,051 33,953 Marketing expenses -109 -96 -226 -208 -390 General administration expenses -1,213 -2,026 -2,508 -3,288 -5,689 Other income (+)/ expenses (-) 1,180 -67 2,205 -61 4,201 ------------------------------------------------------------------------------- OPERATING PROFIT 4,592 6,602 10,262 13,494 32,075 Financial income 12 10 24 18 38 Financial expenses -96 -276 -223 -491 -809 Other financial income (+)/ expenses (-) 0 0 0 0 0 ------------------------------------------------------------------------------- PROFIT BEFORE TAXES 4,508 6,336 10,063 13,021 31,304 Income tax on dividends -4,355 -3,544 -4,355 -3,544 -3,544 NET PROFIT FOR THE PERIOD 153 2,792 5,708 9,477 27,760 ------------------------------------------------------------------------------- COMPREHENSIVE INCOME FOR THE PERIOD 153 2,792 5,708 9,477 27,760 Attributable profit to: ------------------------------------------------------------------------------- Equity holders of A- shares 152 2,791 5,707 9,476 27,759 B-share holder 0.60 0.60 0.60 0.60 0.60 Earnings per A share (in euros) 0.01 0.14 0.29 0.47 1.39 Earnings per B share (in euros) 600 600 600 600 600 STATEMENT OF FINANCIAL POSITION EUR thousand 30/06/2020 30/06/2019 31/12/2019 ASSETS CURRENT ASSETS ------------------------------------------------------------------------------- Cash and cash equivalents 48,826 58,895 64,775 Trade receivables, accrued income and prepaid expenses 6,081 8,278 7,239 Inventories 742 526 504 ------------------------------------------------------------------------------- TOTAL CURRENT ASSETS 55,649 67,699 72,518 NON-CURRENT ASSETS ------------------------------------------------------------------------------- Property, plant and equipment 194,467 183,028 189,627 Intangible assets 629 645 710 ------------------------------------------------------------------------------- TOTAL NON-CURRENT ASSETS 195,096 183,673 190,337 ------------------------------------------------------------------------------- TOTAL ASSETS 250,745 251,372 262,855 LIABILITIES AND EQUITY CURRENT LIABILITIES ------------------------------------------------------------------------------- Current portion of long-term lease liabilities 493 388 352 Current portion of long-term loans 3,630 3,632 3,631 Trade and other payables 10,828 10,124 6,718 Derivatives 70 247 221 Prepayments 2,233 2,961 2,323 ------------------------------------------------------------------------------- TOTAL CURRENT LIABILITIES 17,254 17,352 13,245 NON-CURRENT LIABILITIES ------------------------------------------------------------------------------- Deferred income from connection fees 32,865 27,017 31,070 Leases 1,552 1,048 964 Loans 85,785 89,486 87,592 Derivatives 0 115 0 Provision for possible third party claims 12,035 19,068 14,442 Other payables 23 45 18 ------------------------------------------------------------------------------- TOTAL NON-CURRENT LIABILITIES 132,260 136,779 134,086 ------------------------------------------------------------------------------- TOTAL LIABILITIES 149,514 154,131 147,331 EQUITY ------------------------------------------------------------------------------- Share capital 12,000 12,000 12,000 Share premium 24,734 24,734 24,734 Statutory legal reserve 1,278 1,278 1,278 Retained earnings 63,219 59,229 77,512 ------------------------------------------------------------------------------- TOTAL EQUITY 101,231 97,241 115,524 ------------------------------------------------------------------------------- TOTAL LIABILITIES AND EQUITY 250,745 251,372 262,855 CASH FLOWS STATEMENT 6 months 6 months 12 months EUR thousand 2020 2019 2019 CASH FLOWS FROM OPERATING ACTIVITIES ------------------------------------------------------------------------------- Operating profit 10,262 13,494 32,075 Adjustment for depreciation/amortisation 3,054 2,969 6,109 Adjustment for revenues from connection fees -225 -179 -389 Other non-cash adjustments -2,407 0 -4,624 Profit/loss(+) from sale and write off of property, plant and equipment, and intangible assets -11 -5 138 Change in current assets involved in operating activities 938 -663 391 Change in liabilities involved in operating activities -481 570 318 ------------------------------------------------------------------------------- TOTAL CASH FLOWS FROM OPERATING ACTIVITIES 11,130 16,186 34,018 CASH FLOWS USED IN INVESTING ACTIVITIES ------------------------------------------------------------------------------- Acquisition of property, plant and equipment, and intangible assets -5,450 -3,093 -10,441 Compensations received for construction of pipelines, incl connection fees 718 1,668 3,010 Proceeds from sales of property, plant and equipment and intangible assets 28 7 24 Interest received 30 15 36 ------------------------------------------------------------------------------- TOTAL CASH FLOWS USED IN INVESTING ACTIVITIES -4,674 -1,403 -7,371 CASH FLOWS USE D IN FINANCING ACTIVITIES ------------------------------------------------------------------------------- Interest paid and loan financing costs, incl swap interests -367 -509 -1,056 Lease payments -259 -209 -404 Received loans 0 0 37,500 Repayment of loans -1,818 -1,818 -41,136 Dividends paid -19,888 -14,965 -14,965 Withheld income tax paid on dividends 0 0 -36 Income tax paid on dividends -73 -156 -3,544 ------------------------------------------------------------------------------- TOTAL CASH FLOW USED IN FINANCING ACTIVITIES -22,405 -17,657 -23,641 ------------------------------------------------------------------------------- CHANGE IN CASH AND CASH EQUIVALENTS -15,949 -2,874 3,006 ------------------------------------------------------------------------------- CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD 64,775 61,769 61,769 ------------------------------------------------------------------------------- CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD 48,826 58,895 64,775 Karl Heino Brookes Chairman of the Management Board +372 62 62 200 [email protected] (https://www.globenewswire.com/Tracker?data=ylcNe- 3F3FLka4eLvHeGMcRuXyAA2xSI9Gq80foEdoKuI79SQ0EvoV5ycfpP4_5vynG5KKdwi9U4XaRB6YWWsb bMaNNvI-4YHIKk5uR0t4E=)