HomeMy WebLinkAbout19E - QRTLY REPORT OF INVESTMENTSREQUEST FOR
COUNCIL ACTION
CITY COUNCIL MEETING DATE:
NOVEMBER 7, 2011
TITLE:
QUARTERLY REPORT OF INVESTMENTS
AS OF SEPTEMBER 30, 2011
CITY MANAGER
RECOMMENDED ACTION
Receive and file.
DISCUSSION
APPROVED
? As Recommended
? As Amended
? Ordinance on 1s' Reading
? Ordinance on 2nd Reading
? Implementing Resolution
? Set Public Hearing For
CONTINUED TO
FILE NUMBER
In 1995, the State of California enacted legislation revising the reporting requirements relative to
investment of funds by governmental agencies. These requirements, which became effective on
January 1, 1996, mandate that a statement outlining the ability of both the City and the
Redevelopment Agency to meet the budgeted expenditures for the subsequent six months be
submitted to the City Council on a quarterly basis. The legislation dictates that this quarterly
report contain the seven major elements listed below:
• Type of investments,
• Date of maturity,
• Par and dollar amounts invested in each security,
• Weighted average maturity of the investments,
• Market value as of the date of the report,
• Source of the market value information, and
• Any funds, investments or programs, including loans,
under the management of contracted parties.
State statutes require that a quarterly report be presented at a Council meeting; however, our
office continues to provide this information monthly. The information is in compliance with State
law and the City's Investment Policy. The attached report (Exhibit 1) accurately reflects all
pooled investments held on behalf of the City and Redevelopment Agency as of September 30,
2011.
CLERK OF COUNCIL USE ONLY:
19E-1
Quarterly Report of Investments
November 7, 2011
Page 2
FISCAL IMPACT
There is no fiscal impact associated with this action.
Francisco Gutierrez
Executive Director
Finance & Management Services Agency
Exhibit 1 Treasurer's Report
19E-2
CITY OF SANTA ANA
TREASURER'S REPORT
as of September 30, 2011
EXHIBIT 1
19E-3
co 0 2-%
E m r
adEN
of
C C 0 M
m U L
?2 o?
O .-
E
Q
v OaV1
a
U co W 0 oe o oe
o
M 'd: O N O C
O O r O O
o r N ? r r r
C M N N
R r
Dg
E M v m M M
d O
U? M
M l
n
I n
-
F
Z.2
o
O
a
0.2
M :W
0
Cl) O O co O
Cl) m L C
O
r
p Lo (D O
[O 00 ^ ? e-
(O O .- O
N O U) CO
dp
O O N am to
W O of a N
W L N
M
v
n
n
a0
M
M
tO
tO
N
O
N
M
°' _ o ? 9 0 00 C%l
N
O O
C O O n to
O1
(O O C CL ? to
w O LO of m T
N O CO m
?
^
O O Cl) rn ?
.. 0
D
V7
n
N
i
rn U')
?
M M
4) 00 C6 O O N O
a
7
CC!
O
D
O
h
m V
; 0 O O N a
(O
l0O O O co N N
_ N co
O O O
W O
O r
w O m O
rn LO I
CM
Q
CM N
M M
C
d
N
51
N W
N N
~
y O
c U .3 v
C
C
U C
° $
N ? 3
to
41
U
> d
C !6 U U
m rn d
CD E
¢ E m
E y
>
o
J 0 lL LL =
y C
o 0)
(6 E
_up rn
U >
C
m
Y >C
?c l0
L) y
?2 0 M
0 :3
L a°5 U
n3
U '` 16 E
= < (L
U) U
.o
= o a
C T
C O N r
p a
?rny o a?
t ¢ .° a
N a
C N N
N E
E Q N
y O 7
`
.
O N .
c a) r
N °L
O >,
O
nC?
- ern
io E >
w oU
m U a)
t
T? m
y = ?
iomo
m w
U Q °
U N
O C
C = w
co cu
!/1 O
_ O
N
O T
ncU0)
c =
° .-
(D
2
.
Q
C
>
Y
C ?
(0
f0 N
C
¢ >
w
o ° m
c)
1 N M
tO h
1' w N
Q
C14 to
p O w Q T
1
L6 It CJ m
I (D +L+
•
N O U
L
N L
1 M _
O
3
co
V H
O m
C
(0 O
O. N
a >'
0
0) m
U c m
c tf a
- O 'c
N n
fi
a ?a
c
CD t N
C
O
c,4 co E
'O .X
V' T O N
V N C N
t M co a) C
W Q L
.-.
M (n N
E
C
a N
O C
O N N
E
co
>
u
i
E
O QO > > O
C T cr ? N
C G
d .U
E
= T T
0
.
N
O
E _ c C
m
o U a> Q O
N
d E :E N m O r
7 -
? U O
c m v N
C m N fp Z
N rn
O
!6
to w
O •a Ta m
. fn o
1
T
y c
c
E `
o
l
4 U N N O
L m a N
>- (D co
0- E 0 C 5 co
L Q O
O O
O m
N d U
O N= N C C
C cc
0 Q W Fes- a m 000 LL c'
N = O
? N
(D
CL °
0
.C r O N N
U tn co 00 co O O
0 M M o O V V
I
O O O f
O O I
O O
U
° C, 0 ° o 'D
m
M 0 O 0
O O I O O I O O I O
00 OD O
d 10 cn7 M V
O O C.
d V O { O O O O
O O O O O
R (O O (c O C O C
O O O
Y (0 (O
O CN CD 04 O
m o o O O
00 V o co o w)
41 r
7
O
o
O
O
O
m (p O (G O O O C
? C o O
(C cc
Y
L
c4 o
c-4
c
O
m O O O
a
0 0 O
0
( )
0 u-, (
i)
4)
E
CD
E
Q G> ; N -7 O ° co co
(?
0 o
0 o
0 0
? O
L 0 (
0 co
_
to m o
oD c? (o
co ( (o
a.
N a o 0 0 0
1= 4) co ° co ° $
N n
C
E
d
0
V O
O a 1
o
0
a m
L O N N
V O
C 3 O M
a a o 0
rnv a m
m
C
e?
O N V
> m if P 't
Q m 1(f Hf co
O
N N
(O O
C C
co
L {+?
V
L
L 0
l
l U
a) a) ca
N
> > _
C
C
>
U T t
6 tm z
C (D
W (D `
Y
`
Q
a) Q Q Q 0] Q 0: Q
C O C 2 C
m m LL m
j J jp M a
O O O
a a a
y 0
V
d c V
g
c
a
E LL a
Q
a+ U U Y N
47 LL QLL
Q .D O
O
E fn H
?
> N
c a
Y a
CD m m
0 m
Q Q C 2 G) o
2
O
E ?f
N
U
U y E
w 0 J
L J
L co
U J g g U U '
N_ V V 0 N N M N N M V V 0 0 0 N O to (O (0 0
O O O O O O O O O O O O O O O O O O O O O O Q Q. O
N
U
N N N N N N N N N N N N N N N N N N N N N N
n
0
M
0 O
0
n
n
V
D
0 O
O
O O
n
1
O
0
0
U? I- OD
0
(
n (
(
V M
Cl)
(O (
O N O N E O O O N r- .- N N N N N
O N
U
Z
zz
N a Cl)
0 0
04
a
0
0
0 0 0 2
o .-
O ?-- 0
r
r
0
0
0 0 0 0
0 0 0 _0 d
n n N O V V V V O V N M N V V 0 n n O N 0 LL
0 d
0 V n (O M n 0 0 M N O 0 0 0 N N N N V O n
r r 00 N JO N N n n aD d
0
d a
O V O o O n N (f) N Q1 Cl) 00 O O M U) N 0 0 CO n 0
M (0 n n O N M (0 O W O O O n N M 0 0 0 M
? M M M 10 M O (0 n M O ? O) O O O M M q
a7
Cl) N - .-- - .- .- •-- -
N N N N N '- .-
V 0 O) 0 0 0 0 O N 0 n (0 V V o n
V (0 4'] O O 0 M 0 0 CD OD 00 10 0 O O 0 M 0
.?- M M M O M O U7 O N Q) .- CO O 0 0) M 0 0
.-
0 0 0 0 0 0 0 t0 0 O O O O O O O O O O O O O
(0 N n n N O_ O N_ N n 0 0 0 0 0 0 0 0 M O O O
N f`7 M (0 O M n O M O O O O N N (0 O O
.-- ?- .- '- M N .- M - - - - - - - - - - .- - - .-
O (0 O O O O O O O O O O O O O O O O O O O O
O n O O O O O O O O O O O O O O O O O O O O
O M O O O O O O O O O O 0 O O O O O O O O (D
O O) O O O n ((1 O O to 0 0 0 0 0 0 0 0 (3 0 0
N O C C C 0) N '- O cc0 C 0 0 C C 0 0 0 0 0 0
(O 0 0 0 (O (O (O O V V 0 0 0 0 0 0 0 0 0 0 0
O 0) O O n (0 0) (0 O 0 0 0 0 0 0 (0 0 0 0 0 0
O 0) O O V O V i0 O CD O O O O O O N O C 0 0 .--
M N N N M" r, N M N O Lo to 0 0 (n w w V
O O O O O O O O O O O O O O O O O O O O O O
O O O O N O O O O O O O O O O O O O O O O O
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0
O M N_ N V Q1 O n N O M N 0 u7 O_ 0 0 0 0 O V
_ (0 M O) V V N O (L) O 0) n (O_ n_ C N! V (0_ (0
R CO N n n N (D V N 0 0) O N V V (0 0)
0 0 M n O 0 O O 0 0 0 0 0 0 0 0 0
0 0 C C V O (0 0 O O o 0 0 0 0 0 N 0 0 0 W O
M - N - N CO - .- - N - Cl) N (0 N 10 U7 (0 (0 (0 V V
O O O O O O O O O O O O O O O O O O O O 0 0
O O O O O O O O O O O O O O O O O O O O O O
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
O O O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
C C C C 0 0 C 0 0 0 0 C C 0 C C 0 C C C 0 C
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 o n o 0 0 0 0 0 0 0 0 0 0 (0 O O o 0 0
O O O O V OLf N O O O O O O O O N O 0 0 0 .-
M N " N M , , N M N N (0 i0 (n o O v) (n
o m0 0rn o 0 0 0 0
0 0 0 0 0 0 0 (D 0 0 0 0 0 0 0 0 0 0 0 0 0 0
N N N N N N N N N N N N N N N N N N N N N N
(n N (n o V M F- O n M O () a0 O (n 0 D O (O (O
O N O N N (` O N .- v N N N N N o O o
v (n 0 OD n M un (n V o n n n n I- r OD O o
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y
m m m
C m m m m m m a O m m m m m m m m m m m m m m m m m m m m m m m m
c O
M
m
O
m CO
CO
m m m m m CO CO m CO CO CO CO m m m m CO CO CO
C C C C C C C C c c C C C C C C C C
m m m m m m m m m m m m m m m m m m
y v
0 0 c 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
U U U U J J J J J J J J J J J J J J J J J J
E E E E E E E E E E E E E E E E E E E E E E
`
m 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
m m m
LL LL LL LL 2 2 2 2== S == 2 2 2= 2 2 2 2 2
m m m m m- m m -- m R m m m m -- m-
an d a) a) d d m m m m d a) d a) d a) m m a) a) m a)
4) ?i (D 0) N N 0) aa)) (D 4) (D N N N d) ?i N N aa)i 0) (D
LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL J. LL LL LL LL LL
4))
0
U) M M m 7 N n n w N o v 0 N v n m o w m o
C 0 a ao co N N (0 O V N N N N M V n OD
O N N M N 00 Of m 0 0 0 N N M M M M M M
M M
N N N N N N N N N N N N N N N
N
7
O
U
(D N
Q (D d LL' LL 3? d W V Y
au0 d a? W LL X o o? Q
y
Y d> S (o C7 J J Z Z_
N M M V V V V v a V O O
X X X X X X X n n n n n n n n n n n
; 0)
m
co
C
M M M M M M M M M M M M M M M M M M M
I
M M M M M M M M M M M M M M M M M M M
M M M M M M M M M M M M M M M M M M M
Y c
C
?
(7
n
J
N Z?N o (O o O h M o 0 o d' v M v O O (O M v M M M M o M M v (O
N . O O O O O O O O O O O O O O O O O O O O O O O O O O O O
?
C13
R N N N N N N N N N N N N N N N N N N N N N N N N N N N N
O u7 to h N
V' O (O n n O aD o0 O O 1L') oD aD O O
IL _
N N M O r O ` r r \ O r N N O O r r N N N r ` ?- M M
0
N O N
o
o
v
N O O O W O 0
o
0 o 0
o r o r r ? o 0 o r ? o 0 0
0 0 0 ? r r ?
o 0
0
0
o 0
0 0
R
? N O m O c0 (O n O M N m r' o 10 n O n n m t0 co IT m O O
n N m M n O M (O r M v n N (n m O r r u) O V n lD O
M N n n N N
r r
tD
N
n
m
M
W
R I
r
r
r
r
r
r r
?
U LO O W O N O o o M O M O tq O O n M LO O N N OD Cl) m m
t9 N O WO O N O n m o O M v N m N O m m ? 0 d' v n N to M N
m O M n n
O O m N
O
O O m W m r
O O c
r O
tp
rY I
u
?
i
.
-.
c)
o N N N N O N N N N O O N
-
U (o o n tb O W fo m m m O O W O M u) W O M n o N f0 O O t0
M W M w m n v to o n O M O m n to n o m N O O M O
t0 m
m m (M n O O W
m
m
0 0
W
m C
r w
t
YY r
?
r r
r r l
Ci O
O
r
N N r r - N O O r N
O O N N N O
0
to 0 o o o o o o 0 0 o o (n o o (n o o o o 0 o 0 0 o u) O O
'O ad-1
N N 0 0 0 0 N (n o 0 o to to N (n (O N O u) O O O O O O O N O O
O O m O n (n N to n o O N O n O O W O o O O O m O
R O r r o r r r r r r r O r r r r N O r r o r r r o r O r
N
tU O O O O O O O O O O O O o O O O O O O O O O O O O O O O N
3 0 0 0 0 0 0 0 0 0 0 O O O o 0 0 0 0 0 0 o u? o u? 0 0 0 0 t.
o 0 o 0 o o 0 o o o o o o o 0 o o o o o o n o M o o o v
(n o o 0 m a m N N
o o 0
0 L' 0 L' 0
0
O
Y c
C
c C m
c C Oc OC O
O O O OO to O (n q O O O n 0 to O L to OO N DD (D O O
O O O O O O N O (n o O n o o 0 o o m a N v m m o (o aD O O N
O O o o o o m o m o o 0 o o o n o m o m m n m a O m M O o
t
(n w
m O O O O O m
m O
o O O O C Vt O m O m m m m 0 r m O O n N
to in N M M r r N M N M N Lo to u) r N N N r N In N r M N w m
N
N O O O O O O O O O O O O O O O O O o O O O O O O O O O o C.
7 O O O O O O O O O o o O O O (n O O o O O O o O o c? O O O n
O O O o o o L i o o Lo o o o o n o 0 0 o o o o o of o 0 o M O
o (n Lo V n O m m m n o o v to m O N O n n v O O m v v v
OP-L to oc c It (n o M m n u) o c 1t oc o O n M R V (n M n
Oi
M Lo Cl) N M o OD O m O m m N O N O O O o O u7 m OD o (l) m to
m (n co (O 0 0 0 0 O o 0 o O n m 0 0 0 o 0 N o O O o
m m m 0 C 0 O O O u) O O O O v m c 0 0 c 0 0 0 r O 0 0 n co
M
? v v v M M N r m M N M N N to <t N N M M N M Lo N N M N O m
h
E
C E N ?
a d ; N °o °o 0 0 o o o o o o o o o o o o o o o o o o o o o o o o o o 0 0 o o o o o o o o o o o o oo 0 0 o o 0 0 oo oo
O oo oo oo oo oo oo oo oo oo oo oo oo oo oo oo oo oo oo oo oo oo oo 00 oo 00 oo oo oo °o
_ O c 0 0 0 C c c 0 0 0 c c 0 c 0 0 0 c 0 c C 0 0 C 0 c c c
r = i M R o o 0 o o 0 o 0 0 0 o 0 o o o o o o o 0 o 0 o 0 o o o o C.
i a o o 0 o o o o o o 0 o o o o n o o 0 0 o o o o o o o o
o 0 0 0 0 o to o o to o o o o v
0 0 0 0 0 0 0 o r O c 0 n
cc
C _
_
(n N o M M N r M M N m N o un (n N N M M N M to N N m N o
m
vI L
E
0 O
2
Q
?_+
C.
2 CD
.
y
V O O
RN
r r r O O O r r r r r r r r r r O r r r r r r r r r r r
to o0o00oo00ooao0ooooooooao0ooo
a
2 N N N N N N N N N N N N N N N N N N N N N N N N N N N N
co O (n m n m to n m o (O o n o n O V N N u m w O'T O to
0
N N co O N r r r
N N O r N N O O r N O O O N r N N M
d Oi m O a s N m v to w w n w N M N u) u) fo I?
a O O o r r r c o o O O o o 0 o o o o o o o o o a o o o o
U
O N
f
` C
R 1
o
co
co
> R
Q m O
0 6 6 6 6 6 o 6 d d o 6 o v
U U U U U U U U U U U U U
a) N a) a) N ai a) a) a) N N N N t0
m
R m R m R R m R m m m R m w °i m of m m m m m
R R R
Y Y Y m m m m m m Cm m 'C m m m m m
C
C
C L'
1"
C C C O
c,1 U U U U U 8 U U U U
O o O o o
O O- O o O o O o o p
O
O O O O O O O O O
2 2 2 2 m co m g 2 2 2 2 2 2 N N N N N N N N N N N N
In N N N N N N N fA (A N N
C C C C C C C C C C C C C C C C ¢ ¢ ¢ ¢ ¢ ¢ ¢ ¢ ¢ ¢ ¢ ¢
O O O O O O O O O O O O O O O O
J J J J J J J J J J J J J J J J
•' N ai m al N a) m a) a) a) N m a) ai a) a)
3 E E E E E E E E E E E E E E E E------------ E
z z z z z z z z z z z z
en x 2 2 x x 2 2 2 2 2 2 x 2 2 2 2 >
m m m m m m m
T m R 5 e m m m m m m ? R m
`
`
`
`
`
`
` v
m ai u m m a?
w a?
u u
m a
i
v
d
m
a?
m
m
m
m m
m d
v v
a' m ?
o
'a 'D
v
?
°
j w w ?i Q
° j ?
?
?
°
o
?
?
D 10
u. LL
LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL LL
ja
N pi
(D a
L
C
d V
E 4)
N O co m m r-- O n 0 0 (M N m co M O O N v m n n n O v n (M to
C m m m m m O N n u) n n N O n n r N N o m o n N
O
M M M O O N N N
>
>
C N M M M m N
N N N M M
N N N N N N N N N N N N N N N N
N N N N N N N N N N N
Q. r
r r r r r r r r r .- r r r r r r r r .- r r r r r r r r
O
U
v
C
N
Q o o n v co o_
a p d 2 co °Dm w } w C7 U 2 m C7 (7 No f7 Y a co z a} Y U
L
L
N et (p U 2 i{ (p u }}
J Q. K X > a K N M
N
a .. f?
N N N
tri to to v v v v d¢ ¢¢ a¢¢ 2 2
N n n C7 LL U LL LL LL U U U C7 (? C7 (? LL LL W ro m LL LL D m LL LL LL
N Cl) M M Cl) V Cl) M(o -v tt tD (O m m m (O (O m m (O (O (O
M M M M M V M M M M M M M M M M M M M M M M
U LL M M M of c) (%i m m c) M M r7 ?? M M M M M M M M M M M
N a?
V
N O
°
a N
N a
0
o_
O
N m
O co
(O
Lo
D.
l O
d a
tD m '
N N co
N
I
O O O
t -t It
N co
I co
O O O
N N
0 0
O N N
LO 0 o
n to
0 m co
m m l
N r It
O O O
0 0 0
w C Q
Omi 0) 0)
m m m
N r
O O O
O O O
ao
C 00 C
M N N
N N
O co
O O
M
V'
t0
eo
w U)
¢ ¢
z z >
Lo 10 v
v ai r
10
LL LL
R
N O
' 0
? rn
V
O
C ?" r
O
G
N n
v
v
C o
4) N
Q V p o
t0 U' U'
00 Go r
d co co
A
3 M M
(D c
LL
M M
lY
M
m
m
la
CL
r Y
•c
A r N
U?
M H
?
C2, w
M O
d R
d ?H
7 ?T
10
? 01
Y
O 00
O to
m N
M
Q ?
ca ea
0 0
V
0
CL
N
r
C
0
E
C
1
N
d
0
0
IL
r
r
0
N ,
O
M
d
m
d
4w
CL
N
L ?
e
a'
a
W
w
co
M
v
a
N
Cl)
N
co
°n
M
a) 4) N
030 t
LO C pj
A
Q m M
O
a
O
M
d
O7
d
Q
V
C
l0
O
F
19E-7
¢a9
(AU0'
O
U
o a?
O I
L- a
O
a a
v
ri
0
0
ti
m
w
v
d
co
CL
M r r '- '- N
?
G?
U co 0
0
0
0 o
M 0
0
0
0
0 0 0 0 n
i
O
O O O O
o
g
ei O O O
O Cl)
F
} O O O O
sA
(A
w m n O
O U0 M O)
? (O OD ?f
(O
Mcl O ?
O (O N
? N M n
n
OD M n O
O t0 M (7)
iri co ao v
o cl coo in
N 0 M M
M ? r n
N V ?
n
T
= EC?o
Q 0 ? N
? N O
M
4) 4)
N o
m
O ,0
d
d
CL CL 0 U)
w m n O
O Un M O
N O O a
o cl coo 'o
N fo M M
M N d n
n
L ? N N N N
? O O O O
a ? n n n
0 0 0 0
d C
rn?
¢a
0
0
0
C
0
U
N
U
Ta
? m m a v
? L L N C
c c ca ?
o El me Q m
y O O o
c 2 m C
cc a a m d
mIn >
Q
ro
m cn °O
O M U)
M T T
n o 0
m
M M LL
r O O LL
2
M
Y D O
m ¢ ¢
n m
C ? U K
fLd z
c N
U cn UO o LL
M
M
U)
co
N}
V
r
O
N
Cl)
N
n
m
cn
w
N
O
N
M
O
A
U)
C
O
M
N
a
ai
a
`)
C
O
v
0
M
c
G7
E
U)
c
R
r
H
A
U
H0
19E-8
¢ a
o n
U
.o a
p U-
0
a a
r
V
of
N
o_
ui
m
O
a
u
T
Q
V ?
n
n
a`E
a
E
L a
V
a'
N
m
m
R
C
L C
r C
(? N n
R
C
r E C
a'
z Fn- c o
J V - N a
= Q a M a
R
co
w CL d
E ~ C
d d '0 c
??o?
?w/>?U)
v/
i a ?
3: V - i
V/
a ? ?o
U
a,
U ?
?
N
yN
w
N
u
al
W
U
o ?
°o d
°o
°o
0
Y C
c a
m
M a
r-
c a
L n
N ?
U a
D C
?c
C n
3 n
U-
c
a
O)
L
N
L>
U
LL
r?
? r
d h
a
U) C
7
dzz
Q
F
z
N O
N
M
p N
n M
n
F- U
(n Q r
O U >
? r
? a
a ?
O
a ?
0
O
s
v
0
°o
°o
0
0
00
00
°o
0
N
0
co
0
O
O
O O
co c?
.Y
O
0
N
o ?
O N
0 0
N
} c)
U o
J co
O
CL
0
z
O
}m}
W
w O
= N
W LL
U w
to <
U <¢
J Q.
O ~.
CL Q
0 W
z
m °m LO
} M u0
rn
~ C4 C,)
W ao
co
Cl)I
U a
a W
U
a
n c
o v
a r
10 «
Ln r
0
O
0
00
°o
°o
O
CO
(7
7
0)
C
0
a
m
m
T -
O CD
i
0
N
O
a?
C °
i
c CO
7
0
LL
E 00
Ql
m
U
rm
7 N
W
RI O
Q.
a
Ho
o
N
r 0 co
E al
m
c
cu
t
m
U m o
O
O N
O M
d W
L ;
w l
w W
T y i
i
°o
0
0
0
°o
°o
°o
O
O
Y O
c °
m
M
S
L
U)
U
O
N
O
0 0
0
c ?
3 M
LL
E 00
L
N
m
U m
z°
7
a
? U
2
0 Q
z
Q M
_M Cl)
O °
pp N
W M
}
W
W
t-
Y
W
i
0) O
m 0
R
m
r-
V
0
00
°o
°o
°o
rn
O
r-
7
r 0
c o
m
m
c
L
U
c'
0
N
_o
? O
C O
L
LL °
E 00
rn0
LL
L m
U m
co
z3 ?
N M
RI >
?w
F W
N
O
air Z
0 Q
z
CD 00
M ?
rn
0 (°
pa N
? d
}
s
it
n
n
1
O
°o
°o
°o
°o
0
O
Y O
c 0
Rr
m '-
c
L
U
rn
0
N
0
CD °
c O
7 ?
LL
O
E `D
CI
la
U ,p
O
N N
LU
w
1- Q
w ?
w
T Q
a z
Q
z
(n
O O
7 M
0
o r
pp N
W ?
}
W
W
W
9E
N
ro
N
N
O ?
0
0
0
O
r-
N
co
co
Y r,
C N
A
m ?
c
L
U
rn
0
N
0
0 °
j C
LL O0
E 00
L m
? w
U ?
O
z"
> O
N
w
d
w
F ~Q
N
`a
0 Q
z
U)
r
M
0
o
Op N
}
v)
LU
w
m
}
W
_c
(D W
OD a
M
o
-
"C)
0
V N
O O
co
M
W
n
(D
00 00
o° o
r ?
M
N
M
0
v 0)
O M
v 0)
OD Cl)
M In
a1 N
O
O
U)
3
0
? a
o? d0
m O ? M
m
d M 2)
V m at N
C r c
7 O
CO
0 0
N N
V
° o
N
O 0
o
c M c rl-
> O = O
LL 04 LL N
O O
00 00
w
L p-- L
U> U U m
L0 ro
V7 H3
U
y O O
L N N
CO CO
N Q N Q
Z z
O Q 0 Q
z z
N U)
A N O N
N a N V
W 0
W Cl)
2 2
Y >
W W
I
}
U
J
O
a
0
z
LL
LU
U_
1
w
N
W
U_
LL
O
O
0
00
o°
0
O
0
O
0
a
Y O
O
ns
d
O
2
O
N
o?
o °
} V
U o
J 00
O
IL
0
z
a
LL
W o
U
w
M W a
(n
W
m U
U Q
z
LL Q
z
a7 W
? M
O
00
as N
W Cl)
y
w
}
W
LU
N
H
ED
W
0
0
m
J
tea'
U
z
a
U.
O
O
0
0
°o
0
O
co
0
N
0
0
0
O
U)
m O
c.
Z
O
N
O O
> 0)
W O
W
F
m
W W
0 ?
m W
J W
Q w
a ?
U o
z C)
= o
m
U) Z
LL Q
z
U)
O
W)
01 O
N Op
p
(D
n
W
a
U
C
a
c
? a
C
r
a
c
o a
o
0
0
0
O
U) c
O C
C
LL
C
d
V)
C
c r
O r
Q c
r
A c
O C
O
J
3
LL
d
E
N
d
U
c
m
CD
R
U
O
° c
C `
c
n C
LL
aci
O
T n
U c
c c
? a
m C
Q r
c
p C
u r
O R
J aC
v
O C
?- C
n
o C,
O N
}
W
LU
w
F
}
W
U
J
O
CL
ui
u
z
z
a
m
2
N
m
IC
IL
Q
E
a
L
O
C-1
V ?
CL
0
r °
v a
a'
d
m
0
.7
A
c C
~ a
z ?
0 U N a
2 a M \
U) to `a
w a
F a) Q' E
E
N Q > C
N N
2
U ala
? u
In L
d
A a
C
d
7 ?
U
3 1 y
N °
O
N
CL
rn
D
U
O ?
O ?
O
0
°o
C
3
O
V
a
m
!0
m ?
U
J
O c
a =c
w =
z C_
Q £
? a
z
Q c
m a
c
Q
} ' m
U
J
O
a
W '°
0
z o rn
} M
D
V/ LU
Z w
Q co
m N
7
a
r
3
mR
0)
m
LL
N
O
O
O
0
°o
00
C
7
O
U
a
Y c
A ?
c
c
m c
c o
0
? c
7
a
r,,
V=1 K
?p c
i i
O
o> ?
LL. a
N
a
c
a
`c
v
v
m cc
0 0
'o N
N M
}
ch
G
w
N
O
O
O
O
O
0
°o
°o
LO
N
n
O
N
O
O
C
7
O
U
a
d 04
? N
A
O
T o
04
c
0
m
0
N
N
OD
O
0
m'
U)
O 'o
a o
rQ
? M
A O
F ?
o a.
rn
LL
LL
U
N
3 a
z
U)
m co
0 0
°° N
h Cl)
Y
N
w
U)
U)
}
N
Q ^ ^
7 d
O UI >
LL 0
C a
CL ?
O
I U
0
O
N
O
m
0
w
M
O
O
r
H
O
Cl!
M
O
N
n
N
40
N
0)
O
?O
v
Of
10
r
N
C-i
CO
m
fO'
19E-10
0
T R
0
?C
R
r c"
c
71
C t
U
a
Cl) M
O) T
? N
clj
N
0
0
of o
oo co
c
I O
c:5
O
O
o I o
O
O
cn C
D
? N
Z ; A
O a
F- N
W
_ M V) c
W L
m
P:
G> E
N
E ++ -
'W > N °
Q j
2
_ Q-
0
U ?
z
LL
W
w
U)
W
x
a
O
U
00
rn
Q
z
a
Q
H
z
a
3
N
C
a
E
O
U
N
H
c
Y
N
d
}
z
m
d
m
to
H
0
to
0
to
N N
N N
rn m
N N
LO N
tc t0
N N
N N
? A
O) T
c4 h
N cl
V ?
10 N
10 N
r m
rn w
N N
N N
tD tD
c IT
o m
o ?
N d)
? N
r Q
N ,O
m
O
N
}
U
J
O
M
w
U
z
Q
cl)
z_
Q
D]
LO
C O
3 oo
0
V
Q
N
Y
c c°o
o
ME N
O
0
0
0
C
0
m
N
N
t0
O
N
N
r
Ol
N
iN0
N
Lq
n
04
N
v
o
E
d
A
0
F
w
W
U)
W
Q'
m
M
O
O
w
a
Q
U
a
z
Q
H
z
a
Cl)
ui
3
N
N
H U ry
Q n
O m
O >
LL
p ? O
? a m
O
IL 0
0
0
N
0
m
m
0
0
O
O
C) d)
N
d
O Q
O C
a1
r
O
a
in
W
F-
m
W
o
co
J
Q
IL
U
z
Z)
Q
LL
v
w
w
c
0
M
M C)
v rn
C t-
3
U)
m
N
0
O
`O
C
0
O
O
0
io
a1
E
U)
C
m
0
F
0
C
E
v
a
m
v
O
a
m
c
Q
M
C
M
co
ci
7
N
N
19E-1
m
w
H
d
w
m
a
N
C
d
m
H
I'1
O
4)
T
m
a o?
d
M
O
M
C r
d N
3
U
A
m
Y
!0
d
7
>
`L
IL
a'
? m
Z r r
N
? i ?
N 3
J
H >
2
? M
L m
W C
d ?CC
C
C
C Y
i+
N Q
W > fn
C d d
2 N
co
N
Q a
U
7
N
C
a
C
a
7
U
T
C
W
CL
E
O
U
N
N
d
}
Z
m
d
y
U)
3
H
0I q
O O
p I O
O O
O
O
O
°o I o
O
O
O
O
0 I 0
o o
m d
O p?
0
N
O Q
o ?
d
O
a
N
C
LL
m
L
f/1
U
N
N
F-
O
C
m ?
L O
R U
U v}i
S
O
O
O
O
O
0
m
c
d
E
N
d
C
A
O
F-
m
Cl)
O
O
aL
U
R
C
a
m
C
V/
3
N
m
Y
y
d
w.
d
a
N
C
d
N
L
F-
A
C
m
0-
E
O
U
N
7
N
Z
m
d
N
F-
0 i o
O I O
O O
Q? O
O O
O O
O
O
O
o I o
O
O
O
O
O I o
O o
0 d
N ?
d
O Q
o ?
A
A
O
d
N
U
J
0
CL
0
z
D
LL
W
U
Of
Of
W
LU
W
X
_U
a
LL
O
C.
C C.
00
O
U
a
Y
C?
G ?
d m
C (n
O
0
O
O
O
C
O
O
°O,
a
m
c
d
E
N
d
C
N
F
O
(o
O
O
0
o
0( o
O
O
0
O
O
00,
o d
o ?
N ?
d
N Q
00
° c
N
N
O
a
a
N
f6
_d
F-
O
m
N
N
d
C o
C
7 ?
O
V
a
d
Y
C?
G ?
a ?
0) C>
C w
o cn
U)
19E
0
O
O
O
O
O
0
a
m
c
d
E
N
d
C
R
O
F-
w
w
U)
W
Q
M
O
O
Ir
a
a
U
Q
Z
Q
Q
Z
Q
N
3
N
N
12
F. U ? N
a n
O >
LL 0
K °a
a d
0
a S
M
0
0
N
N
O
m
0
c
M O
F ,C
d
O)
T A
CL o?
•? io
?o
A
?ID
M
2 0
F } Cl)
C ad.
al !7
3
U
m
d
Y
A
al
7
A
V
IL
IL
F
H m
Z
N r'
N ?
W >
S G
M of
m,
W
C
_
H y
a' E 0+
L)
N a
a
> in
(? C a) N
N
O
t
cn U
Q d
U
H
a=i
E
d
c
a
U
O
Q
M
0
7
O
Q'
a
cr-
U
Q
Z
Q
Q
H
Z
U)
d
7
N
N
d
w
N
3
SD
w
Q
fA
c
D
d
y
N
3
H
0
to
O
O
of o
O
O
O
O
o I °o,
C, m
O Im
N i
(O of
N Q
O ?
c
W
;
O
a
in
N
d
N
as
d
N
O
Ol
U.
Z
3
a? O
c 0
3 co
O
0
U
Q
d
Y
C?
L ?
UJ
4) 0
C
O cn
?U)
0
0
O
C
O
O
Co
•o
N
a)
E
N
C
A
0
F
m
a+
O
Q
d
0
ti
0
0
N
Q
V/
7
N
N
T
c
R
Q.
E
O
U
U)
H
c
r
N
}
co
M
V!
7
I §E
oI O
O O
p I O
O O
O
O
O
n n
0 0
Di m
v) N
O N
n n
O O
O m
? N
r? n
OI o
LO w
y
O
o i
N
a!
o Q
O
N
R
O
Q
c
3
LL
E
Ol
L
a7
U
Z
N
N
co
?r
c 0
3 m
O
V
V
Q
d
L
C?
C ?
d ?
C N
O
O C) I °o
C
p O
O O
O
O
O
o cD
co ec
rn ai
M M
O O
Oi T
[D 1D
[D W
a) 10
O) m
M M
O W
co O
co )D
o
co w
of m
<h M
ao oc
0) (D
o r
O m
N 1
(D
o Q
O
{0
N
O
a
c%
C
LL
C
N
N
d
c
a
U
C
O)
Q
U
J
N
C
3
LL
rn
C
(D
o
E OD
V1
d
_C
T
V
C
Q ?
O
m co
J co
0
O
O
O
M
co
M
M
n
co
M
O
n
M
n
ao
Cli
0
c
N
a)
E
d
_C
N
0
H
U)
W
Q'
O
O
N
O
Q
a
Z
a
Q
z
(1)
N
y
T
c
E
O
U
N
H
c
N
}
MZ
W
w
N
3
Q
Q. n t?
O O >
LL v
O
O ?
? a m
c
0
a o
0
Y
C
?
R h
m ?
O
C
?
L
R ?
`
U
cr
0
a o?
?. d
?o
N
Cl)
O
Cl)
C r
d A
7
U
N
d
'L
R
A
>
L
d
a
F-
F- d
Z rte, ?-
d
2
J
H
W N >
Y
2
m M
L 0
W
~ 0 E
N
{i.
E
r
N O.
W > fn
U) C d d
_ coo
CO) 2
Q a
U
d
a
E
N
C
a
y
7
U
T
C
R
Q
E
O
U
a+
N
3
L
C
d
}
Z
m
d
N
7
H
T
o
o
°
0 o,
I
O O O
p O O
(
O O O
O
O
O
C. Q
0
co
fl- co
n
n
10
N N N
N N N
V O O
h h
Iq
r- 11 W
coo
r? co
n n
N N N
N N N
v v e
o o O
uo H h
r-? n n
oo
r" co
n OO
n
N N N
N N N
v v v
M d 'a
0
N
d N
O Q d
v E
C
to N
d
to >
C
O
a m
0
y F
c
3
LL
E
m
N
N
U
Z
v,
ns
H 0
u LL
T
? C
m
o w
E
0 U
N
>
W i
0
N
O O
Z d
Q
Q }
C Z
Z
Q m
to
N
U
C w
o d
U) N i
U ? y F-
°o I C!
O O
p I O
p O
O
O
O
v a
V O
v I v
rn d
o p?
o A
N
d
a'
o v
R
R
O
a
U)
c
LL
LL
E
rn
L
N
(0
U
Z
N
m
H
m
0
co
Y
C
f0
m m
C M
L C)
U U)i
19E
0
0
O
O
ri
e
n
O1
n?
c
N
d
E
d
C
0
F
W
Ix
W
W
W
w
0
0
N
w
W
Q
Q
Z
Q
H
Z
Q
U)
d
7
y
N
14
T
C
t4
Q
E
O
U
r
N
7
L
C
d
N
z
m
d
w
N
3
H
o I o
o 0
O O
ci I O
O O
O
O
O
OI o
O CD
O
0
O
O
oo,
o
N i
d
o a'
C) a
R
R
O
3
N
c
E
m
L
N
N
U
Z
H
w
0
R
aD
C
A
m O
C ?
L ?
N N
A
U U)
F- U
Q
O >
?0
a m
O
a o
0
0
O
O
O
0
0
O
0
c
N
d
E
d
C
0
F
M
0
0
h
_o
ai
0
C
O
O T
a o
2
>
it 2
30
R
M
O
Cl)
to A
v
!0
Yd
i
N
d
7
N
m
a
F-
F- m
Z r r m
0 L N
J
F-
W
Y
_
M °
m
W
~ N E
Q' E d+
N Q-
W > fn
fn C a? m
N ?
L
N
Q '
U a
3
N
c
E
a
C
a
• U
0
LL
m
W
v
O
O
N
m
W
Q
Q
Z
Q
Q
F-
Z
d
7
N
N
C
O
CL
E
O
U
r
fq
7
F-
C
d
U)
z
m
y
N
7
H
OI O
O O
O O
p I O
0 c
0
0
0
r n
N N
Lo Lo
O tD
N N
Lo O
O v
n
N4 N
t0 O
" "
I
0rn ar
O p?
O `
N
d
O Q
o a
c
R
A
O
a
in
c
3
LL
E
0)
L
N
m
U
Z
3
N
co
N
H
Z3
0
v
O
Y
c
m ?
= O
N O
t6 U)
U V)
O
O
O
0
n
v
A
N
N
oD
n
N
V
a
N
d
E
W
C
m
0
N1N
1.1.
W
Cl)
F-
m
W
cl
r
r
Cl
N
m
H
Q
Z
Q
Q
Z
''Q^
V/
d
7
to
N
O
O
O
0
N
V'
N
tb
v
v
a
h
N
E
N
C
m
0
Q
W
W
Cl)
W
m
r
r
O
N
m
Q
Z
Q
Q
F-
Z
U)
d
7
N
N
T
C
R
C.
E
O
U
Y
N
7
L
r
N
Z
m
d
Y
y
7
H
n r
M
N
M
M
O
O
O
O
O
v v
(0 to
co co
M M
(D O)
f? A
O t0
O to
V v
tD to
C V
co co
n {'•)
01 O
n 11
m eo
m eti
ID w
co
m n M
0) to
CD
cet
ID to
O ?
N ?
V d
O Q
C3 a
l0
A
O
s
m'
c
J
LL
91
L
N
m
U
7
N
N
0
Cl
04
O
N
a
C
O
GO
CL O
.3 N
0
E m
O U
U) Q?
r r
O >
LL
0
? d
a m
o
O
O
O d o
O
v
co
M
07
A
to
to
V
t0
v
01
n
eo
tti
v
to
O
co
to
a
C
N
d
E
d
C
A
0
m
0
0
N
N
O
O
d
d
y
3
F-
N
V
d
N
C
Y
N
3
F-
19E
O
O
O
0
N N
O tD
V v
N
tb
V
v
N
tD
v
a
m
o ?
N ?
d
O Q
C> a
N
N
O
cn
c
LL
E
m
L
N
m
U
3
N
N
'5.
w O
?j N
C O
7 O
O
v
Q
I
Y
T N
CD
C
O
}
15
N
m A N ~
0.
o?
V) O >
0
O LL
m
o 0
a d
= o N
o 0
a o
0
g n
<O
Cl) o
O
O O
Cl
O O
C.
O
0 'p
00 a7
CO
O t0
co
O
M m
O O O
C d O
O
i ? O
U
m
o
0
0
0 0 0
d
a,
2
` 0
0 0
0 0
0
m
CL
H
U)
H y
z r
fp 7 00 00 O
D 2 N ; r
W J[
_
M
co 00
W C .0
d E
E
? a+
N (D
W > fn
U) C
- N a)
Nm o d
m
c
= L O N 16 N
(n V d M
Q
U L
IL
o
Q
r
C d
E
N
0 w
N
>
0
a
R
3 0
U
J
0
a
0
z
0
m
W
> N
LU m
<
y W Q
M
?
O d
r
E N N
L
d LL
ui
> a
_ < m
z
Q j
?
N
o
Q a v
U)
C c
O
b
Q co
N
U)
d
Q)
Q.
O)
M
O
d
On
N
3
? N
w N
o
U U1
N H U
19E-16