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(Rule12b-2 ) Tj ET Q q 0 0 0 rg BT 319.98 112.70 Td (of ) Tj ET Q q 0 0 0 rg BT 330.81 112.70 Td (the ) Tj ET Q q 0 0 0 rg BT 345.53 112.70 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 386.90 112.70 Td (Act.) Tj ET Q endstream endobj 5 0 obj <>] /Rotate 0 /Contents 6 0 R>> endobj 6 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 739.07 Td (Lar) Tj ET Q q 0 0 0 rg BT 58.79 739.07 Td (ge accelerated filer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.00 739.07 Td ( ) Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.09 174.50 736.91 cm /I7 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 739.07 Td (Accelerated filer) Tj ET Q /GS0 gs q 7.34 0 0 9.38 390.00 736.62 cm /I8 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 45.00 707.07 Td (Non-accelerated filer) Tj ET Q /GS0 gs q 7.34 0 0 9.38 172.00 704.62 cm /I9 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 707.07 Td (Smaller reporting company) Tj ET Q /GS0 gs q 7.34 0 0 9.38 390.00 704.62 cm /I10 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 675.07 Td (Emer) Tj ET Q q 0 0 0 rg BT 291.47 675.07 Td (ging growth company) Tj ET Q /GS0 gs q 7.34 0 0 9.38 390.00 672.62 cm /I11 Do Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 42.00 641.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 42.00 629.00 Td (If an emer) Tj ET Q q 0 0 0 rg BT 82.90 629.00 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 170.02 629.00 Td (, indicate by check mark if the registrant has elected not to use the extended transition period for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 42.00 617.00 Td (complying with any new or revised financial accounting standards provided pursuant to Section 13\(a\) of the Exchange ) Tj ET Q q 0 0 0 rg BT 518.25 617.00 Td (Act. ) Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.09 537.69 614.84 cm /I12 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 42.00 595.00 Td (Indicate ) Tj ET Q q 0 0 0 rg BT 76.70 595.00 Td (by ) Tj ET Q q 0 0 0 rg BT 89.20 595.00 Td (check ) Tj ET Q q 0 0 0 rg BT 115.02 595.00 Td (mark ) Tj ET Q q 0 0 0 rg BT 138.06 595.00 Td (whether ) Tj ET Q q 0 0 0 rg BT 172.77 595.00 Td (the ) Tj ET Q q 0 0 0 rg BT 187.49 595.00 Td (registrant ) Tj ET Q q 0 0 0 rg BT 227.75 595.00 Td (is ) Tj ET Q q 0 0 0 rg BT 236.92 595.00 Td (a ) Tj ET Q q 0 0 0 rg BT 243.86 595.00 Td (shell ) Tj ET Q q 0 0 0 rg BT 265.25 595.00 Td (company ) Tj ET Q q 0 0 0 rg BT 304.40 595.00 Td (\(as ) Tj ET Q q 0 0 0 rg BT 318.56 595.00 Td (defined ) Tj ET Q q 0 0 0 rg BT 351.05 595.00 Td (in ) Tj ET Q q 0 0 0 rg BT 361.33 595.00 Td (Rule12b-2 ) Tj ET Q q 0 0 0 rg BT 408.54 595.00 Td (of ) Tj ET Q q 0 0 0 rg BT 419.37 595.00 Td (the ) Tj ET Q q 0 0 0 rg BT 434.09 595.00 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 475.46 595.00 Td (Act\). ) Tj ET Q q 0 0 0 rg BT 497.86 595.00 Td (Y) Tj ET Q q 0 0 0 rg BT 504.08 595.00 Td (es ) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 7.00 0 0 10.09 514.91 592.84 cm /I13 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.91 595.00 Td ( ) Tj ET Q q 0 0 0 rg BT 524.41 595.00 Td (No ) Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.09 539.13 592.84 cm /I14 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 42.00 573.00 Td (As ) Tj ET Q q 0 0 0 rg BT 55.61 573.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 573.00 Td (May8, ) Tj ET Q q 0 0 0 rg BT 97.27 573.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.27 573.00 Td ( ) Tj ET Q q 0 0 0 rg BT 119.77 573.00 Td (the ) Tj ET Q q 0 0 0 rg BT 134.49 573.00 Td (number ) Tj ET Q q 0 0 0 rg BT 167.54 573.00 Td (of ) Tj ET Q q 0 0 0 rg BT 178.37 573.00 Td (shares ) Tj ET Q q 0 0 0 rg BT 205.86 573.00 Td (of ) Tj ET Q q 0 0 0 rg BT 216.69 573.00 Td (common ) Tj ET Q q 0 0 0 rg BT 254.18 573.00 Td (stock ) Tj ET Q q 0 0 0 rg BT 277.79 573.00 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 326.96 573.00 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.01 573.00 Td (30,507,31) Tj ET Q q 0 0 0 rg BT 384.64 573.00 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.64 573.00 Td (.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 562.5 m 145.5 562.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 558.5 m 145.5 558.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 145.5 562.5 m 245.5 562.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 145.5 558.5 m 245.5 558.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 562.5 m 345.5 562.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 558.5 m 345.5 558.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 562.5 m 457.5 562.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 558.5 m 457.5 558.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 562.5 m 557.5 562.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 558.5 m 557.5 558.5 l s BT /F1 10.00 Tf ET endstream endobj 7 0 obj <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.30 742.10 Td (FORM 10-Q) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.30 720.10 Td (FOR ) Tj ET Q q 0 0 0 rg BT 226.07 720.10 Td (THE QUAR) Tj ET Q q 0 0 0 rg BT 275.75 720.10 Td (TER ENDED ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.51 720.10 Td (MARCH 31, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.69 720.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 290.4 706.7669921875 m 321.503515625 706.7669921875 l s q 0 0 0 rg BT 290.40 708.10 Td (INDEX) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 52 686.8333984375 m 221.599609375 686.8333984375 l s q 0 0 1 rg BT 52.00 688.17 Td (P) Tj ET Q q 0 0 1 rg BT 56.64 688.17 Td (AR) Tj ET Q q 0 0 1 rg BT 69.93 688.17 Td (T) Tj ET Q q 0 0 1 rg BT 75.86 688.17 Td ( I FINANCIAL) Tj ET Q q 0 0 1 rg BT 150.21 688.17 Td ( INFORMA) Tj ET Q q 0 0 1 rg BT 197.72 688.17 Td (TION) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 662.8333984375 m 227.6923828125 662.8333984375 l s q 0 0 1 rg BT 58.00 664.17 Td (Item1. Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 638.8333984375 m 454.6337890625 638.8333984375 l s q 0 0 1 rg BT 70.00 640.17 Td (Condensed Consolidated Statements of Income for the three months ended March 31, 2020 and ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 628.8333984375 m 138.59375 628.8333984375 l s q 0 0 1 rg BT 70.00 630.17 Td (2019 \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 603.9333984375 m 465.458984375 603.9333984375 l s q 0 0 1 rg BT 70.00 605.27 Td (Condensed Consolidated Statements of Comprehensive Income for the three months ended March ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 593.9333984375 m 193.0322265625 593.9333984375 l s q 0 0 1 rg BT 70.00 595.27 Td (31, 2020 and 2019 \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 558.9333984375 m 455.4541015625 558.9333984375 l s q 0 0 1 rg BT 70.00 560.27 Td (Condensed Consolidated Balance Sheets at March 31, 2020 \(unaudited\)and December31, 2019) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 534.8333984375 m 465.2880859375 534.8333984375 l s q 0 0 1 rg BT 70.00 536.17 Td (Condensed Consolidated Statement of Stockholders) Tj ET Q q 0 0 1 rg BT 280.34 536.17 Td ( Equity for the three months ended March 31, ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 524.8333984375 m 178.0322265625 524.8333984375 l s q 0 0 1 rg BT 70.00 526.17 Td (2020 and 2019 \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 500.8333984375 m 471.6015625 500.8333984375 l s q 0 0 1 rg BT 70.00 502.17 Td (Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2020 and ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 490.8333984375 m 138.59375 490.8333984375 l s q 0 0 1 rg BT 70.00 492.17 Td (2019 \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 70 466.8333984375 m 340.5078125 466.8333984375 l s q 0 0 1 rg BT 70.00 468.17 Td (Notes to Condensed Consolidated Financial Statements \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 442.8333984375 m 447.1162109375 442.8333984375 l s q 0 0 1 rg BT 58.00 444.17 Td (Item2. Management) Tj ET Q q 0 0 1 rg BT 143.81 444.17 Td (s Discussion and ) Tj ET Q q 0 0 1 rg BT 212.98 444.17 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 418.8333984375 m 330.4462890625 418.8333984375 l s q 0 0 1 rg BT 58.00 420.17 Td (Item3. Quantitative and Qualitative Disclosures ) Tj ET Q q 0 0 1 rg BT 253.23 420.17 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 394.8333984375 m 187.140625 394.8333984375 l s q 0 0 1 rg BT 58.00 396.17 Td (Item4. Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 52 370.8333984375 m 204.744140625 370.8333984375 l s q 0 0 1 rg BT 52.00 372.17 Td (P) Tj ET Q q 0 0 1 rg BT 56.64 372.17 Td (AR) Tj ET Q q 0 0 1 rg BT 69.93 372.17 Td (T) Tj ET Q q 0 0 1 rg BT 75.86 372.17 Td ( II OTHER INFORMA) Tj ET Q q 0 0 1 rg BT 180.86 372.17 Td (TION) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 346.8333984375 m 162.9658203125 346.8333984375 l s q 0 0 1 rg BT 58.00 348.17 Td (Item1. Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 322.8333984375 m 146.3251953125 322.8333984375 l s q 0 0 1 rg BT 58.00 324.17 Td (Item1A. Risk Factors) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 298.8333984375 m 221.291015625 298.8333984375 l s q 0 0 1 rg BT 58.00 300.17 Td (Item2. Repurchases of Equity Securities) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 274.8333984375 m 215.744140625 274.8333984375 l s q 0 0 1 rg BT 58.00 276.17 Td (Item3. Defaults upon Senior Securities) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 250.83339843750002 m 187.140625 250.83339843750002 l s q 0 0 1 rg BT 58.00 252.17 Td (Item 4. Mine Safety Disclosures) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 226.83339843750002 m 161.857421875 226.83339843750002 l s q 0 0 1 rg BT 58.00 228.17 Td (Item 5. Other Information) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 58 202.83339843750002 m 122.16015625 202.83339843750002 l s q 0 0 1 rg BT 58.00 204.17 Td (Item6. Exhibits) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 52 178.83339843750002 m 131.1552734375 178.83339843750002 l s q 0 0 1 rg BT 52.00 180.17 Td (EXHIBITS INDEX) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 52 150.83339843750002 m 113.1181640625 150.83339843750002 l s q 0 0 1 rg BT 52.00 152.17 Td (SIGNA) Tj ET Q q 0 0 1 rg BT 81.45 152.17 Td (TURES) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 52.00 122.17 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 54.5 120.83339843750002 m 103.943359375 120.83339843750002 l s q 0 0 1 rg BT 54.50 122.17 Td (Exhibit 31.1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 108.17 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 54.5 106.83339843750002 m 103.943359375 106.83339843750002 l s q 0 0 1 rg BT 54.50 108.17 Td (Exhibit 31.2) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 52 92.83339843750002 m 103.943359375 92.83339843750002 l s q 0 0 1 rg BT 52.00 94.17 Td (Exhibit 32.1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 80.17 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 54.5 78.83339843750002 m 103.943359375 78.83339843750002 l s q 0 0 1 rg BT 54.50 80.17 Td (Exhibit 32.2) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 66.17 Td (Exhibit 101) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 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317.75 m 478.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 305.75 m 478.5 305.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 303.75 m 478.5 303.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 305.75 m 536.5 305.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 303.75 m 536.5 303.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.50 626.43 Td (Thr) Tj ET Q q 0 0 0 rg BT 451.08 626.43 Td (ee Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.15 612.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 476.94 612.43 Td (ch 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 598.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.00 598.43 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.00 598.43 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 584.48 Td (Operating r) Tj ET Q q 0 0 0 rg BT 127.73 584.48 Td (evenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.00 584.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.15 584.48 Td (137,876) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.00 584.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.15 584.48 Td (142,924) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 558.43 Td (Operating expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 558.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 544.32 Td (Cost of services provided) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 544.32 Td (57,457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 544.32 Td (45,929) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 530.32 Td (Product development) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 530.32 Td (9,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 530.32 Td (1) Tj ET Q q 0 0 0 rg BT 510.15 530.32 Td (1,242) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 516.32 Td (Sales and marketing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 516.32 Td (3,804) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 516.32 Td (6,121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 502.32 Td (General and administrative, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 502.32 Td (29,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 502.32 Td (21,444) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 488.32 Td (Amortization and depreciation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 488.32 Td (3,641) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 488.32 Td (4,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 474.32 Td (T) Tj ET Q q 0 0 0 rg BT 88.41 474.32 Td (otal operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 474.32 Td (103,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 474.32 Td (88,793) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 446.48 Td (Operating income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 446.48 Td (34,313) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 446.48 Td (54,131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 433.32 Td (Interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 433.32 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 433.32 Td (350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 419.32 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.80 419.37 Td (\(9,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 419.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.80 419.37 Td (\(9,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.65 419.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 404.42 Td (Non-operating \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 404.47 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 404.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.65 404.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 390.32 Td (Non-operating expense - litigation settlement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 390.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.80 390.37 Td (\(20,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.65 390.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 375.42 Td (Foreign currency exchange gain \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 375.42 Td (618) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.30 375.47 Td (\(255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.65 375.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 361.32 Td (Income before income taxes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 361.48 Td (25,729) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 361.48 Td (23,959) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 348.32 Td (Income tax \(expense\) benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.80 348.37 Td (\(1,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 348.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 348.32 Td (1,084) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 334.48 Td (Net income including noncontr) Tj ET Q q 0 0 0 rg BT 208.77 334.48 Td (olling inter) Tj ET Q q 0 0 0 rg BT 255.53 334.48 Td (est) Tj ET Q BT 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.00 308.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 308.48 Td (24,723) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.00 308.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 308.48 Td (25,710) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 282.48 Td (Basic earnings per) Tj ET Q q 0 0 0 rg BT 155.80 282.48 Td ( common shar) Tj ET Q q 0 0 0 rg BT 216.17 282.48 Td (e attributable to Ebix, Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.00 282.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 282.48 Td (0.81) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.00 282.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 515.15 282.48 Td (0.84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 256.48 Td (Diluted earnings per) Tj ET Q q 0 0 0 rg BT 164.60 256.48 Td ( common shar) Tj ET Q q 0 0 0 rg BT 224.97 256.48 Td (e attributable to Ebix, Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.00 256.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 256.48 Td (0.81) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.00 256.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 515.15 256.48 Td (0.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 230.32 Td (Basic weighted average shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 230.32 Td (30,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 230.32 Td (30,524) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 202.32 Td (Diluted weighted average shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 202.32 Td (30,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 202.32 Td (30,604) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (See ) Tj ET Q q 0 0 0 rg BT 66.94 154.25 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 127.75 154.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 151.36 154.25 Td (to ) Tj ET Q q 0 0 0 rg BT 161.64 154.25 Td (the ) Tj ET Q q 0 0 0 rg BT 176.35 154.25 Td (condensed ) Tj ET Q q 0 0 0 rg BT 221.06 154.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 274.10 154.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 311.58 154.25 Td (statements.) 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income attributable to Ebix, Inc.) 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550.18 Td (550,1) Tj ET Q q 0 0 0 rg BT 547.65 550.18 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 535.17 Td (Noncontrolling interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 535.17 Td (49,053) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 535.17 Td (49,331) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 520.18 Td (T) Tj ET Q q 0 0 0 rg BT 58.21 520.18 Td (otal stockholders) Tj ET Q q 0 0 0 rg BT 133.21 520.18 Td ( equity) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 520.18 Td (571,716) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.15 520.18 Td (599,445) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 505.18 Td (T) Tj ET Q q 0 0 0 rg BT 57.75 505.18 Td (otal liabilities and stockholders) Tj ET Q q 0 0 0 rg BT 192.85 505.18 Td ( equity) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.00 505.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 505.18 Td (1,503,610) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.00 505.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg 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253.75 m 603.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 673.5 253.75 m 723.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 239.75 m 385.5 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 237.75 m 385.5 237.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 239.75 m 429.5 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 237.75 m 429.5 237.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 239.75 m 483.5 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 237.75 m 483.5 237.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 239.75 m 537.5 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 237.75 m 537.5 237.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 239.75 m 603.5 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 237.75 m 603.5 237.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 607.5 253.75 m 669.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 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0 0 rg BT 445.30 420.98 Td (Capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.65 428.98 Td (Retained) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.40 420.98 Td (Earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 549.30 444.98 Td (Accumulated ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 561.85 436.98 Td (Other) Tj ET Q q 0 0 0 rg BT 582.14 436.98 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.40 428.98 Td (Compr) Tj ET Q q 0 0 0 rg BT 569.70 428.98 Td (ehensive) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 564.20 420.98 Td (Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 612.25 428.98 Td (Noncontr) Tj ET Q q 0 0 0 rg BT 644.62 428.98 Td (olling) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 625.15 420.98 Td (inter) Tj ET Q q 0 0 0 rg BT 641.52 420.98 Td (est) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.25 420.98 Td (T) Tj ET Q q 0 0 0 rg BT 693.85 420.98 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 398.43 Td (Balance, January 1, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 398.42 Td (30,492,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.10 398.42 Td (3,049) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 398.42 Td (6,960) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.10 398.42 Td (618,503) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 568.80 398.42 Td (\(78,398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 599.65 398.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 610.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 638.15 398.42 Td (49,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 676.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 687.10 398.42 Td (599,445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 383.42 Td (Net income attributable to Ebix, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 383.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 383.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 383.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 383.42 Td (24,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 383.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 383.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 692.15 383.42 Td (24,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 368.42 Td (Net loss attributable to noncontrolling interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 368.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 368.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 368.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 368.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 368.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 647.30 368.42 Td (\(278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 665.65 368.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 701.30 368.42 Td (\(278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 719.65 368.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 353.42 Td (Cumulative translation adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 353.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 353.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 353.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 353.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 568.80 353.42 Td (\(49,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 599.65 353.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 353.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 688.80 353.42 Td (\(49,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 719.65 353.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 338.42 Td (V) Tj ET Q q 0 0 0 rg BT 59.67 338.42 Td (esting of restricted stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 338.42 Td (9,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 338.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 338.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 338.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 338.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 338.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 338.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 709.65 338.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 323.42 Td (Exercise of stock options) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 323.42 Td (30,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 323.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 323.42 Td (633) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 323.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 323.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 323.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 704.65 323.42 Td (636) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 308.42 Td (Share based compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 308.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 308.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 308.42 Td (1,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 308.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 308.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 308.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 697.15 308.42 Td (1,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 293.42 Td (Forfeiture of certain shares to satisfy exercise costs and the) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 283.42 Td (recipients' income tax obligations related to stock options) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 273.42 Td (exercised and restricted stock vested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 273.47 Td (\(55,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 273.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 273.47 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 273.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 273.47 Td (\(507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 273.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.80 273.47 Td (\(1,329) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.65 273.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 273.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 273.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 693.80 273.42 Td (\(1,841) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 719.65 273.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 258.42 Td (Common stock dividends paid, $0.075 per share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 258.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 258.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 258.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.80 258.47 Td (\(2,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.65 258.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 258.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 258.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 693.80 258.42 Td (\(2,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 719.65 258.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 243.43 Td (Balance, Mar) Tj ET Q q 0 0 0 rg BT 110.58 243.43 Td (ch 31, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 243.42 Td (30,475,994) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 243.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.10 243.42 Td (3,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.00 243.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 243.42 Td (8,21) Tj ET Q q 0 0 0 rg BT 474.65 243.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 243.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.10 243.42 Td (639,596) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.00 243.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 563.80 243.42 Td (\(128,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 599.65 243.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 610.00 243.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 638.15 243.42 Td (49,053) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 676.00 243.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 687.10 243.42 Td (571,716) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET endstream endobj 19 0 obj <>] /Rotate 0 /Contents 20 0 R>> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 591.2669921875 m 120.9521484375 591.2669921875 l s q 0 0 1 rg BT 50.00 592.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 592.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.50 31.60 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.60 562.25 Td (Ebix, Inc. and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.75 550.25 Td (Condensed Consolidated Statements of Stockholders) Tj ET Q q 0 0 0 rg BT 493.80 550.25 Td ( Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.95 538.25 Td (\(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.90 526.25 Td (\(In thousands except for share figures\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 433.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 433.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 433.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 433.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 433.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 433.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 607.50 433.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 669.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 673.50 433.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 723.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 403.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 403.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 403.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 403.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 403.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 403.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 607.50 403.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 669.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 673.50 403.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 723.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 373.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 373.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 373.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 373.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 373.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 373.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 373.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 373.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 373.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 373.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 373.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 607.50 373.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 669.50 373.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 673.50 373.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 723.50 373.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 343.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 343.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 343.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 343.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 343.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 343.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 607.50 343.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 669.50 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 673.50 343.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 723.50 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 293.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 293.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 293.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 293.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 293.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 293.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 293.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 293.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 293.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 293.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 293.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 607.50 293.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 669.50 293.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 673.50 293.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 723.50 293.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 263.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 263.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 263.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 263.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 263.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 263.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 263.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 263.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 263.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 263.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 263.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 607.50 263.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 669.50 263.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 673.50 263.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 723.50 263.75 4.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 478.75 m 385.5 478.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 478.75 m 389.5 478.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 478.75 m 429.5 478.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 441.75 m 385.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 441.75 m 429.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 441.75 m 483.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 441.75 m 537.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 441.75 m 603.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 607.5 441.75 m 669.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 673.5 441.75 m 723.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 441.75 m 385.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 441.75 m 429.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 441.75 m 537.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 263.75 m 385.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 263.75 m 429.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 263.75 m 483.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 263.75 m 537.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 263.75 m 603.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 673.5 263.75 m 723.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 249.75 m 385.5 249.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 247.75 m 385.5 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 249.75 m 429.5 249.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 247.75 m 429.5 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 249.75 m 483.5 249.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 247.75 m 483.5 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 249.75 m 537.5 249.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 247.75 m 537.5 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 249.75 m 603.5 249.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 247.75 m 603.5 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 607.5 263.75 m 669.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 607.5 249.75 m 669.5 249.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 607.5 247.75 m 669.5 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 673.5 249.75 m 723.5 249.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 673.5 247.75 m 723.5 247.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 483.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.65 482.98 Td (Common Stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 436.00 483.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 490.00 483.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 676.00 483.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 344.10 453.98 Td (Issued) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.50 445.98 Td (Shar) Tj ET Q q 0 0 0 rg BT 359.80 445.98 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 394.95 445.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.75 461.98 Td (Additional ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.55 453.98 Td (Paid-in) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.30 445.98 Td (Capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.65 453.98 Td (Retained) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.40 445.98 Td (Earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 549.30 469.98 Td (Accumulated ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 561.85 461.98 Td (Other) Tj ET Q q 0 0 0 rg BT 582.14 461.98 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.40 453.98 Td (Compr) Tj ET Q q 0 0 0 rg BT 569.70 453.98 Td (ehensive) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 564.20 445.98 Td (Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 612.25 453.98 Td (Noncontr) Tj ET Q q 0 0 0 rg BT 644.62 453.98 Td (olling) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 625.15 445.98 Td (inter) Tj ET Q q 0 0 0 rg BT 641.52 445.98 Td (est) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.25 445.98 Td (T) Tj ET Q q 0 0 0 rg BT 693.85 445.98 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 423.43 Td (Balance, January 1, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 423.42 Td (30,567,725) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 423.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.10 423.42 Td (3,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.00 423.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 423.42 Td (3,397) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 423.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.10 423.42 Td (535,1) Tj ET Q q 0 0 0 rg BT 523.60 423.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.00 423.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 568.80 423.42 Td (\(63,377) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 599.65 423.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 610.00 423.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 638.15 423.42 Td (66,242) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 676.00 423.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 687.10 423.42 Td (544,437) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 408.42 Td (Net income attributable to Ebix, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 408.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 408.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 408.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 408.42 Td (25,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 408.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 408.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 692.15 408.42 Td (25,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 393.42 Td (Net loss attributable to noncontrolling interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 393.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 393.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 393.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 393.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 393.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 647.30 393.42 Td (\(667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 665.65 393.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 701.30 393.42 Td (\(667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 719.65 393.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 378.42 Td (Cumulative translation adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 378.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 378.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 378.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 378.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 577.15 378.42 Td (3,482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 378.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 697.15 378.42 Td (3,482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 363.42 Td (Repurchase and retirement of common stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 363.47 Td (\(50,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 363.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 363.47 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 363.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 363.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.80 363.47 Td (\(2,167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.65 363.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 363.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 363.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 693.80 363.42 Td (\(2,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 719.65 363.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 348.42 Td (V) Tj ET Q q 0 0 0 rg BT 59.67 348.42 Td (esting of restricted stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 348.42 Td (6,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 348.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 348.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 348.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 348.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 348.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 709.65 348.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 333.42 Td (Share based compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 333.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 333.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 333.42 Td (576) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 333.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 333.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 333.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 704.65 333.42 Td (576) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 318.42 Td (Forfeiture of certain shares to satisfy exercise costs and the) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 308.42 Td (recipients' income tax obligations related to stock options) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 298.42 Td (exercised and restricted stock vested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.30 298.47 Td (\(351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 298.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 298.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 298.47 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 298.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 298.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 298.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 298.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 706.30 298.42 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 719.65 298.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 283.42 Td (Noncontrolling interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 283.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 283.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 283.42 Td (398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 283.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 283.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 647.30 283.42 Td (\(398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 665.65 283.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 709.65 283.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 268.42 Td (Common stock dividends paid, $0.075 per share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 268.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 268.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 268.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.80 268.47 Td (\(2,297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.65 268.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 589.65 268.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 655.65 268.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 693.80 268.42 Td (\(2,297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 719.65 268.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 253.43 Td (Balance, Mar) Tj ET Q q 0 0 0 rg BT 110.58 253.43 Td (ch 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 253.42 Td (30,523,756) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 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0 J 0 j 3 M 506.5 164.75 m 562.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 155.75 m 502.5 155.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 153.75 m 502.5 153.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 155.75 m 562.5 155.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 153.75 m 562.5 153.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.60 687.88 Td (Thr) Tj ET Q q 0 0 0 rg BT 480.86 687.88 Td (ee Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.50 677.88 Td (Mar) Tj ET Q q 0 0 0 rg BT 501.53 677.88 Td (ch 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.00 667.88 Td (2020) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.00 667.88 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 657.88 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 98.26 657.88 Td (om operating activities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 647.75 Td (Net income attributable to Ebix, Inc.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 449.00 647.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 477.30 647.75 Td (24,723) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 509.00 647.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 647.75 Td (25,710) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 637.75 Td (Net loss attributable to noncontrolling interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 484.60 637.75 Td (\(278) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 637.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.60 637.75 Td (\(667) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 637.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 627.75 Td (Adjustments to reconcile net income to net cash provided by operating activities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 617.75 Td (Amortization and depreciation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.30 617.75 Td (3,641) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 617.75 Td (4,057) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 607.75 Td (Benefit for deferred taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.60 607.75 Td (\(44) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 607.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 607.75 Td (\(3,875) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 607.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 597.75 Td (Share based compensation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.30 597.75 Td (1,126) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.30 597.75 Td (576) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 587.75 Td (\(Benefit\) provision for doubtful accounts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 484.60 587.75 Td (\(618) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 587.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.30 587.75 Td (134) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 577.75 Td (Amortization of right-of-use assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.30 577.75 Td (1,797) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 577.75 Td (1,671) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 567.75 Td (Unrealized foreign exchange \(gain\) loss) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 484.60 567.75 Td (\(419) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 567.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.30 567.75 Td (313) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 557.75 Td (Amortization of capitalized software development costs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 487.30 557.75 Td (833) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.30 557.75 Td (596) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 547.75 Td (Reduction of acquisition accruals) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.30 547.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 534.60 547.75 Td (\(15,392) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 547.75 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 537.88 Td (Changes in assets and liabilities, net of effects fr) Tj ET Q q 0 0 0 rg BT 215.81 537.88 Td (om acquisitions:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 527.75 Td (Accounts receivable) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.30 527.75 Td (9,687) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 527.75 Td (\(5,639) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 527.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 517.75 Td (Receivables from service providers) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 477.30 517.75 Td (12,184) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 517.75 Td (1) Tj ET Q q 0 0 0 rg BT 541.30 517.75 Td (1,488) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 507.75 Td (Payables to service agents) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 507.75 Td (\(3,476) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 507.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 507.75 Td (\(8,977) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 507.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 497.75 Td (Other assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 497.75 Td (\(4,035) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 497.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 497.75 Td (3,142) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 487.75 Td (Accounts payable and accrued expenses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 487.75 Td (\(9,755) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 487.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 487.75 Td (\(7,730) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 487.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 477.75 Td (Accrued payroll and related benefits) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.30 477.75 Td (1,425) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 477.75 Td (\(1,208) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 477.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 467.75 Td (Contract liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.30 467.75 Td (1,980) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 467.75 Td (\(2,920) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 467.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 457.75 Td (Lease liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 457.75 Td (\(1,596) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 457.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 457.75 Td (\(1,643) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 457.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 447.75 Td (Reserve for potential uncertain income tax return positions) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.30 447.75 Td (69) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.30 447.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 437.75 Td (Liability - derivative litigation settlement) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.30 437.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 437.75 Td (19,652) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 427.75 Td (Other liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 427.75 Td (\(7,666) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 427.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 427.75 Td (1,754) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.00 417.88 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 98.03 417.88 Td (ovided by operating activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.30 417.88 Td (29,578) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 537.30 417.88 Td (21,042) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 397.88 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 98.26 397.88 Td (om investing activities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 387.75 Td (Cash paid for acquisitions, net of cash acquired) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 387.75 Td (\(1,858) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 387.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 534.60 387.75 Td (\(90,358) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 387.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 377.75 Td (Cash paid to from Paul Merchants for 10% stake in MTSS combined business) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.30 377.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 377.75 Td (\(4,925) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 377.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 367.75 Td (Capitalized software development costs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 367.75 Td (\(2,089) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 367.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 367.75 Td (\(1,740) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 367.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 357.75 Td (\(Purchases\) maturities of marketable securities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 357.75 Td (\(5,105) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 357.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 357.75 Td (1) Tj ET Q q 0 0 0 rg BT 541.30 357.75 Td (1,775) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 347.75 Td (Capital expenditures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 484.60 347.75 Td (\(557) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 347.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 347.75 Td (\(1,798) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 347.75 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.00 337.88 Td (Net cash used in investing activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.60 337.88 Td (\(9,609) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.30 337.88 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.60 337.88 Td (\(87,046) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 559.30 337.88 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 317.88 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 98.26 317.88 Td (om financing activities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 307.75 Td (Proceeds from revolving line of credit, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.30 307.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 307.75 Td (13,500) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 297.75 Td (Principal payments of term loan obligation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 297.75 Td (\(3,765) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 297.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 297.75 Td (\(3,766) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 297.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 287.75 Td (Repurchases of common stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.30 287.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 534.60 287.75 Td (\(10,972) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 287.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 277.75 Td (Proceeds from the exercise of stock options) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 487.30 277.75 Td (636) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.30 277.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 267.00 Td (Forfeiture of certain shares to satisfy exercise costs and the recipients' income tax obligations related to stock options) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 259.00 Td (exercised and restricted stock vested) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 259.00 Td (\(1,841) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 259.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 548.60 259.00 Td (\(21) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 259.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 246.75 Td (Dividend payments) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.60 246.75 Td (\(2,301) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 246.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.60 246.75 Td (\(2,297) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 246.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 236.75 Td (Payments on short-term notes, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.30 236.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 236.75 Td (2,908) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 226.75 Td (Principal payments of debt obligations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 484.60 226.75 Td (\(203) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 226.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.60 226.75 Td (\(834) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 226.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 216.75 Td (\(Payments\) proceeds of working capital facility) Tj ET Q q 0 0 0 rg BT 204.91 216.75 Td (, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 474.60 216.75 Td (\(24,693) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 216.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 216.75 Td (15,621) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 206.75 Td (Payments of financing lease obligations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.30 206.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 548.60 206.75 Td (\(69) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 206.75 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.00 196.88 Td (Net cash \(used\) pr) Tj ET Q q 0 0 0 rg BT 120.92 196.88 Td (ovided by financing activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.60 196.88 Td (\(32,167) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.30 196.88 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 537.30 196.88 Td (14,070) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 186.75 Td (Ef) Tj ET Q q 0 0 0 rg BT 60.48 186.75 Td (fect of foreign exchange rates on cash) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 474.60 186.75 Td (\(10,173) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.30 186.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.30 186.75 Td (190) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.00 176.88 Td (Net change in cash and cash equivalents, and r) Tj ET Q q 0 0 0 rg BT 217.84 176.88 Td (estricted cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.60 176.88 Td (\(22,371) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.30 176.88 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.60 176.88 Td (\(51,744) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 559.30 176.88 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 166.75 Td (Cash and cash equivalents, and restricted cash at the beginning of the period) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 473.25 166.75 Td (1) Tj ET Q q 0 0 0 rg BT 477.25 166.75 Td (1) Tj ET Q q 0 0 0 rg BT 481.25 166.75 Td (1,369) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.25 166.75 Td (149,681) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.00 156.88 Td (Cash and cash equivalents, and r) Tj ET Q q 0 0 0 rg BT 171.33 156.88 Td (estricted cash at the end of the period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.00 156.88 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.30 156.88 Td (88,998) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.00 156.88 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 537.30 156.88 Td (97,937) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 146.88 Td (Supplemental disclosur) Tj ET Q q 0 0 0 rg BT 132.65 146.88 Td (es of cash flow information:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 136.75 Td (Interest paid) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 449.00 136.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.30 136.75 Td (8,820) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 509.00 136.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 136.75 Td (9,573) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 126.75 Td (Income taxes paid) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 449.00 126.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.30 126.75 Td (1,086) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 509.00 126.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 126.75 Td (4,128) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 104.45 Td (See ) Tj ET Q q 0 0 0 rg BT 65.24 104.45 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 119.97 104.45 Td (notes ) Tj ET Q q 0 0 0 rg BT 141.22 104.45 Td (to ) Tj ET Q q 0 0 0 rg BT 150.47 104.45 Td (the ) Tj ET Q q 0 0 0 rg BT 163.72 104.45 Td (condensed ) Tj ET Q q 0 0 0 rg BT 203.95 104.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 251.69 104.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 285.42 104.45 Td (statements.) Tj ET Q endstream endobj 23 0 obj <>] /Rotate 0 /Contents 24 0 R>> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Supplemental ) Tj ET Q q 0 0 0 rg BT 111.40 742.25 Td (schedule ) Tj ET Q q 0 0 0 rg BT 150.57 742.25 Td (of ) Tj ET Q q 0 0 0 rg BT 161.40 742.25 Td (noncash ) Tj ET Q q 0 0 0 rg BT 198.92 742.25 Td (financing ) Tj ET Q q 0 0 0 rg BT 241.43 742.25 Td (activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 718.25 Td (As of December 31, 2018 there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.94 718.25 Td (200,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.44 718.25 Td ( shares totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.48 718.25 Td ($8.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.38 718.25 Td ( of share repurchases that were not settled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (until January 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 682.25 Td ( ) Tj ET Q q 0 0 0 rg BT 88.21 682.25 Td (During ) Tj ET Q q 0 0 0 rg BT 118.74 682.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.17 682.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.15 682.25 Td ( ) Tj ET Q q 0 0 0 rg BT 155.36 682.25 Td (months ) Tj ET Q q 0 0 0 rg BT 187.02 682.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.10 682.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 256.41 682.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.41 682.25 Td (, ) Tj ET Q q 0 0 0 rg BT 281.11 682.25 Td (there ) Tj ET Q q 0 0 0 rg BT 303.30 682.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.94 682.25 Td (55,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.44 682.25 Td ( ) Tj ET Q q 0 0 0 rg BT 354.65 682.25 Td (shares, ) Tj ET Q q 0 0 0 rg BT 384.34 682.25 Td (totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.10 682.25 Td ($1.8 ) Tj ET Q q 0 0 0 rg BT 436.81 682.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.70 682.25 Td (, ) Tj ET Q q 0 0 0 rg BT 470.41 682.25 Td (used ) Tj ET Q q 0 0 0 rg BT 490.95 682.25 Td (to ) Tj ET Q q 0 0 0 rg BT 500.93 682.25 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 529.25 682.25 Td (exercise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 72.50 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 89.44 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 104.16 670.25 Td (recipients' ) Tj ET Q q 0 0 0 rg BT 147.33 670.25 Td (income ) Tj ET Q q 0 0 0 rg BT 179.26 670.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 193.98 670.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 240.92 670.25 Td (related ) Tj ET Q q 0 0 0 rg BT 270.63 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 280.90 670.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 304.51 670.25 Td (options ) Tj ET Q q 0 0 0 rg BT 336.46 670.25 Td (exercised ) Tj ET Q q 0 0 0 rg BT 376.71 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 393.65 670.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 433.35 670.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 456.96 670.25 Td (vesting. ) Tj ET Q endstream endobj 25 0 obj <>] /Rotate 0 /Contents 26 0 R>> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.60 742.25 Td (Ebix, Inc. and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.35 730.25 Td (Notes to Condensed Consolidated Financial Statements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 694.25 Td (1: ) Tj ET Q q 0 0 0 rg BT 83.32 694.25 Td (Description ) Tj ET Q q 0 0 0 rg BT 135.26 694.25 Td (of ) Tj ET Q q 0 0 0 rg BT 146.09 694.25 Td (Business ) Tj ET Q q 0 0 0 rg BT 185.27 694.25 Td (and ) Tj ET Q q 0 0 0 rg BT 203.90 694.25 Td (Summary ) Tj ET Q q 0 0 0 rg BT 248.62 694.25 Td (of ) Tj ET Q q 0 0 0 rg BT 259.45 694.25 Td (Significant ) Tj ET Q q 0 0 0 rg BT 307.51 694.25 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 358.91 694.25 Td (Policies) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 672.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 672.25 Td (Description ) Tj ET Q q 0 0 0 rg BT 137.49 672.25 Td (of ) Tj ET Q q 0 0 0 rg BT 147.86 672.25 Td (Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.55 672.25 Td ( ) Tj ET Q q 0 0 0 rg BT 196.60 672.25 Td (Ebix, ) Tj ET Q q 0 0 0 rg BT 220.03 672.25 Td (Inc., ) Tj ET Q q 0 0 0 rg BT 239.85 672.25 Td (and ) Tj ET Q q 0 0 0 rg BT 256.33 672.25 Td (its ) Tj ET Q q 0 0 0 rg BT 267.83 672.25 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 319.59 672.25 Td (\(Ebix ) Tj ET Q q 0 0 0 rg BT 352.73 672.25 Td (or ) Tj ET Q q 0 0 0 rg BT 363.11 672.25 Td (the ) Tj ET Q q 0 0 0 rg BT 377.37 672.25 Td (Company\) ) Tj ET Q q 0 0 0 rg BT 430.51 672.25 Td (is ) Tj ET Q q 0 0 0 rg BT 439.23 672.25 Td (a ) Tj ET Q q 0 0 0 rg BT 445.72 672.25 Td (leading ) Tj ET Q q 0 0 0 rg BT 477.20 672.25 Td (international ) Tj ET Q q 0 0 0 rg BT 529.78 672.25 Td (supplier ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 660.25 Td (of ) Tj ET Q q 0 0 0 rg BT 59.92 660.25 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 106.49 660.25 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 161.94 660.25 Td (exchanges ) Tj ET Q q 0 0 0 rg BT 205.17 660.25 Td (to ) Tj ET Q q 0 0 0 rg BT 214.53 660.25 Td (the ) Tj ET Q q 0 0 0 rg BT 228.33 660.25 Td (insurance, ) Tj ET Q q 0 0 0 rg BT 270.74 660.25 Td (financial, ) Tj ET Q q 0 0 0 rg BT 309.80 660.25 Td (and ) Tj ET Q q 0 0 0 rg BT 325.83 660.25 Td (healthcare ) Tj ET Q q 0 0 0 rg BT 368.49 660.25 Td (industries. ) Tj ET Q q 0 0 0 rg BT 411.46 660.25 Td (In ) Tj ET Q q 0 0 0 rg BT 421.38 660.25 Td (the ) Tj ET Q q 0 0 0 rg BT 435.18 660.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 475.08 660.25 Td (sector) Tj ET Q q 0 0 0 rg BT 498.56 660.25 Td (, ) Tj ET Q q 0 0 0 rg BT 502.65 660.25 Td (the ) Tj ET Q q 0 0 0 rg BT 516.45 660.25 Td (Company) Tj ET Q q 0 0 0 rg BT 558.11 660.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 648.25 Td (main ) Tj ET Q q 0 0 0 rg BT 72.84 648.25 Td (focus ) Tj ET Q q 0 0 0 rg BT 97.34 648.25 Td (is ) Tj ET Q q 0 0 0 rg BT 106.86 648.25 Td (to ) Tj ET Q q 0 0 0 rg BT 117.48 648.25 Td (develop ) Tj ET Q q 0 0 0 rg BT 151.98 648.25 Td (and ) Tj ET Q q 0 0 0 rg BT 169.26 648.25 Td (deploy ) Tj ET Q q 0 0 0 rg BT 199.32 648.25 Td (a ) Tj ET Q q 0 0 0 rg BT 206.61 648.25 Td (wide ) Tj ET Q q 0 0 0 rg BT 228.89 648.25 Td (variety ) Tj ET Q q 0 0 0 rg BT 259.50 648.25 Td (of ) Tj ET Q q 0 0 0 rg BT 270.67 648.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 311.83 648.25 Td (and ) Tj ET Q q 0 0 0 rg BT 329.11 648.25 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 378.04 648.25 Td (exchanges ) Tj ET Q q 0 0 0 rg BT 422.53 648.25 Td (on ) Tj ET Q q 0 0 0 rg BT 435.38 648.25 Td (an ) Tj ET Q q 0 0 0 rg BT 447.66 648.25 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 495.49 648.25 Td (basis, ) Tj ET Q q 0 0 0 rg BT 520.83 648.25 Td (while ) Tj ET Q q 0 0 0 rg BT 545.89 648.25 Td (also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 636.25 Td (providing ) Tj ET Q q 0 0 0 rg BT 91.58 636.25 Td (software-as-a-service ) Tj ET Q q 0 0 0 rg BT 179.77 636.25 Td (\("SaaS"\) ) Tj ET Q q 0 0 0 rg BT 217.29 636.25 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 259.41 636.25 Td (solutions ) Tj ET Q q 0 0 0 rg BT 298.22 636.25 Td (in ) Tj ET Q q 0 0 0 rg BT 308.69 636.25 Td (the ) Tj ET Q q 0 0 0 rg BT 323.59 636.25 Td (area ) Tj ET Q q 0 0 0 rg BT 342.93 636.25 Td (of ) Tj ET Q q 0 0 0 rg BT 353.95 636.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 393.30 636.25 Td (relationship ) Tj ET Q q 0 0 0 rg BT 443.20 636.25 Td (management ) Tj ET Q q 0 0 0 rg BT 496.99 636.25 Td (\("CRM"\), ) Tj ET Q q 0 0 0 rg BT 539.23 636.25 Td (front-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.25 Td (end ) Tj ET Q q 0 0 0 rg BT 66.10 624.25 Td (and ) Tj ET Q q 0 0 0 rg BT 82.20 624.25 Td (back-end ) Tj ET Q q 0 0 0 rg BT 120.51 624.25 Td (systems, ) Tj ET Q q 0 0 0 rg BT 156.34 624.25 Td (and ) Tj ET Q q 0 0 0 rg BT 172.44 624.25 Td (outsourced ) Tj ET Q q 0 0 0 rg BT 217.98 624.25 Td (administrative ) Tj ET Q q 0 0 0 rg BT 276.85 624.25 Td (and ) Tj ET Q q 0 0 0 rg BT 292.95 624.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 309.61 624.25 Td (compliance. ) Tj ET Q q 0 0 0 rg BT 359.74 624.25 Td (The ) Tj ET Q q 0 0 0 rg BT 376.95 624.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 423.19 624.25 Td (products ) Tj ET Q q 0 0 0 rg BT 459.29 624.25 Td (feature ) Tj ET Q q 0 0 0 rg BT 488.70 624.25 Td (fully ) Tj ET Q q 0 0 0 rg BT 509.25 624.25 Td (customizable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.25 Td (and ) Tj ET Q q 0 0 0 rg BT 67.03 612.25 Td (scalable ) Tj ET Q q 0 0 0 rg BT 101.83 612.25 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 149.41 612.25 Td (software ) Tj 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("Phygital ) Tj ET Q q 0 0 0 rg BT 312.48 600.25 Td (strategy ) Tj ET Q q 0 0 0 rg BT 348.20 600.25 Td (that ) Tj ET Q q 0 0 0 rg BT 367.26 600.25 Td (combines ) Tj ET Q q 0 0 0 rg BT 409.65 600.25 Td (physical ) Tj ET Q q 0 0 0 rg BT 447.04 600.25 Td (distribution ) Tj ET Q q 0 0 0 rg BT 497.21 600.25 Td (outlets ) Tj ET Q q 0 0 0 rg BT 527.94 600.25 Td (in ) Tj ET Q q 0 0 0 rg BT 539.78 600.25 Td (many ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.25 Td (Association ) Tj ET Q q 0 0 0 rg BT 98.55 588.25 Td (of ) Tj ET Q q 0 0 0 rg BT 108.22 588.25 Td (Southeast ) Tj ET Q q 0 0 0 rg BT 148.15 588.25 Td (Asian ) Tj ET Q q 0 0 0 rg BT 172.82 588.25 Td (Nations ) Tj ET Q q 0 0 0 rg BT 205.26 588.25 Td (\("ASEAN"\) ) Tj ET Q q 0 0 0 rg BT 254.76 588.25 Td (countries ) Tj ET Q q 0 0 0 rg BT 292.75 588.25 Td (to ) Tj ET Q q 0 0 0 rg BT 301.86 588.25 Td (an ) Tj ET Q q 0 0 0 rg BT 312.64 588.25 Td (Omni-channel ) Tj ET Q q 0 0 0 rg BT 371.18 588.25 Td (online ) Tj ET Q q 0 0 0 rg BT 397.51 588.25 Td (digital ) Tj ET Q q 0 0 0 rg BT 424.40 588.25 Td (platform, ) Tj ET Q q 0 0 0 rg BT 462.67 588.25 Td (the ) Tj ET Q q 0 0 0 rg BT 476.22 588.25 Td (Company) Tj ET Q q 0 0 0 rg BT 517.89 588.25 Td (s ) Tj ET Q q 0 0 0 rg BT 523.12 588.25 Td (EbixCash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 576.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 88.70 576.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 127.94 576.25 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 164.42 576.25 Td (of ) Tj ET Q q 0 0 0 rg BT 174.24 576.25 Td (software ) Tj ET Q q 0 0 0 rg BT 210.15 576.25 Td (and ) Tj ET Q q 0 0 0 rg BT 226.08 576.25 Td (services ) Tj ET Q q 0 0 0 rg BT 259.77 576.25 Td (encompasses ) Tj ET Q q 0 0 0 rg BT 313.47 576.25 Td (domestic ) Tj ET Q q 0 0 0 rg BT 351.06 576.25 Td (and ) Tj ET Q q 0 0 0 rg BT 366.98 576.25 Td (international ) Tj ET Q q 0 0 0 rg BT 419.01 576.25 Td (money ) Tj ET Q q 0 0 0 rg BT 447.71 576.25 Td (remittance, ) Tj ET Q q 0 0 0 rg BT 493.89 576.25 Td (foreign ) Tj ET 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(Singapore, ) Tj ET Q q 0 0 0 rg BT 130.78 540.25 Td (the ) Tj ET Q q 0 0 0 rg BT 144.51 540.25 Td (United ) Tj ET Q q 0 0 0 rg BT 173.24 540.25 Td (Kingdom, ) Tj ET Q q 0 0 0 rg BT 215.04 540.25 Td (Brazil, ) Tj ET Q q 0 0 0 rg BT 243.49 540.25 Td (Philippines, ) Tj ET Q q 0 0 0 rg BT 292.51 540.25 Td (Indonesia, ) Tj ET Q q 0 0 0 rg BT 335.29 540.25 Td (Thailand ) Tj ET Q q 0 0 0 rg BT 372.34 540.25 Td (and ) Tj ET Q q 0 0 0 rg BT 388.30 540.25 Td (United ) Tj ET Q q 0 0 0 rg BT 416.70 540.25 Td (Arab ) Tj ET Q q 0 0 0 rg BT 438.20 540.25 Td (Emirates. ) Tj ET Q q 0 0 0 rg BT 477.76 540.25 Td (International ) Tj ET Q q 0 0 0 rg BT 530.36 540.25 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.25 Td (accounted ) Tj ET Q q 0 0 0 rg BT 92.26 528.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.64 528.25 Td (69.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.47 528.25 Td ( ) Tj ET Q q 0 0 0 rg BT 133.20 528.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.37 528.25 Td (67.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.20 528.25 Td ( ) Tj ET Q q 0 0 0 rg BT 176.92 528.25 Td (of ) Tj ET Q q 0 0 0 rg BT 186.98 528.25 Td (the ) Tj ET Q q 0 0 0 rg BT 200.92 528.25 Td (Company) Tj ET Q q 0 0 0 rg BT 242.59 528.25 Td (s ) Tj ET Q q 0 0 0 rg BT 248.20 528.25 Td (total ) Tj ET Q q 0 0 0 rg BT 267.70 528.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 301.07 528.25 Td (for ) Tj ET Q q 0 0 0 rg BT 314.46 528.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.40 528.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.39 528.25 Td ( ) Tj ET Q q 0 0 0 rg BT 350.11 528.25 Td (months ) Tj ET Q q 0 0 0 rg BT 381.29 528.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.89 528.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 449.72 528.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.72 528.25 Td ( ) Tj ET Q q 0 0 0 rg BT 471.44 528.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.61 528.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.61 528.25 Td (, ) Tj ET Q q 0 0 0 rg BT 511.83 528.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 559.49 528.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 504.25 Td (Summary ) Tj ET Q q 0 0 0 rg BT 94.72 504.25 Td (of ) Tj ET Q q 0 0 0 rg BT 105.55 504.25 Td (Significant ) Tj ET Q q 0 0 0 rg BT 153.62 504.25 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 205.01 504.25 Td (Policies) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 482.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 482.25 Td (Basis ) Tj ET Q q 0 0 0 rg BT 110.19 482.25 Td (of ) Tj ET Q q 0 0 0 rg BT 120.49 482.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 130.85 482.25 Td (esentation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.18 482.25 Td (The ) Tj ET Q q 0 0 0 rg BT 201.69 482.25 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 261.96 482.25 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 303.36 482.25 Td (condensed ) Tj ET Q q 0 0 0 rg BT 347.53 482.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 400.03 482.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 436.97 482.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 481.15 482.25 Td (and ) Tj ET Q q 0 0 0 rg BT 497.55 482.25 Td (these ) Tj ET Q q 0 0 0 rg BT 520.06 482.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 543.13 482.25 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (been ) Tj ET Q q 0 0 0 rg BT 71.26 470.25 Td (prepared ) Tj ET Q q 0 0 0 rg BT 108.62 470.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 145.44 470.25 Td (to ) Tj ET Q q 0 0 0 rg BT 155.60 470.25 Td (the ) Tj ET Q q 0 0 0 rg BT 170.20 470.25 Td (rules ) Tj ET Q q 0 0 0 rg BT 192.02 470.25 Td (and ) Tj ET Q q 0 0 0 rg BT 208.84 470.25 Td (regulations ) Tj ET Q q 0 0 0 rg BT 255.65 470.25 Td (of ) Tj ET Q q 0 0 0 rg BT 266.36 470.25 Td (the ) Tj ET Q q 0 0 0 rg BT 280.96 470.25 Td (Securities ) Tj ET Q q 0 0 0 rg BT 322.78 470.25 Td (and ) Tj ET Q q 0 0 0 rg BT 339.60 470.25 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 381.40 470.25 Td (Commission ) Tj ET Q q 0 0 0 rg BT 434.35 470.25 Td (\("SEC"\) ) Tj ET Q q 0 0 0 rg BT 469.90 470.25 Td (and ) Tj ET Q q 0 0 0 rg BT 486.72 470.25 Td (in ) Tj ET Q q 0 0 0 rg BT 496.88 470.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 544.22 470.25 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 69.85 458.25 Td (Generally ) Tj ET Q q 0 0 0 rg BT 110.88 458.25 Td (Accepted ) Tj ET Q q 0 0 0 rg BT 150.25 458.25 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 198.97 458.25 Td (Principles ) Tj ET Q q 0 0 0 rg BT 241.03 458.25 Td (\("GAAP"\) ) Tj ET Q q 0 0 0 rg BT 285.14 458.25 Td (with ) Tj ET Q q 0 0 0 rg BT 304.99 458.25 Td (the ) Tj ET Q q 0 0 0 rg BT 319.27 458.25 Td (ef) Tj ET Q q 0 0 0 rg BT 326.86 458.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 343.91 458.25 Td (of ) Tj ET Q q 0 0 0 rg BT 354.30 458.25 Td (inter) Tj ET Q q 0 0 0 rg BT 372.43 458.25 Td (-company ) Tj ET Q q 0 0 0 rg BT 414.48 458.25 Td (balances ) Tj ET Q q 0 0 0 rg BT 450.97 458.25 Td (and ) Tj ET Q q 0 0 0 rg BT 467.47 458.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 517.30 458.25 Td (eliminated. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (Certain ) Tj ET Q q 0 0 0 rg BT 82.42 446.25 Td (information ) Tj ET Q q 0 0 0 rg BT 132.61 446.25 Td (and ) Tj ET Q q 0 0 0 rg BT 150.03 446.25 Td (note ) Tj ET Q q 0 0 0 rg BT 170.23 446.25 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 217.66 446.25 Td (normally ) Tj ET Q q 0 0 0 rg BT 256.74 446.25 Td (included ) Tj ET Q q 0 0 0 rg BT 294.16 446.25 Td (in ) Tj ET Q q 0 0 0 rg BT 304.92 446.25 Td (annual ) Tj ET Q q 0 0 0 rg BT 334.56 446.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 372.52 446.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 417.72 446.25 Td (prepared ) Tj ET Q q 0 0 0 rg BT 455.68 446.25 Td (in ) Tj ET Q q 0 0 0 rg BT 466.44 446.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 514.38 446.25 Td (with ) Tj ET Q q 0 0 0 rg BT 535.15 446.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 562.00 446.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.42 434.25 Td (SEC ) Tj ET Q q 0 0 0 rg BT 86.74 434.25 Td (rules ) Tj ET Q q 0 0 0 rg BT 108.16 434.25 Td (have ) Tj ET Q q 0 0 0 rg BT 129.02 434.25 Td (been ) Tj ET Q q 0 0 0 rg BT 149.88 434.25 Td (condensed ) Tj ET Q q 0 0 0 rg BT 194.07 434.25 Td (or ) Tj ET Q q 0 0 0 rg BT 204.38 434.25 Td (omitted ) Tj ET Q q 0 0 0 rg BT 236.91 434.25 Td (as ) Tj ET Q q 0 0 0 rg BT 247.22 434.25 Td (permitted ) Tj ET Q q 0 0 0 rg BT 287.52 434.25 Td (by ) Tj ET Q q 0 0 0 rg BT 299.51 434.25 Td (and ) Tj ET Q q 0 0 0 rg BT 315.93 434.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 352.35 434.25 Td (to ) Tj ET Q q 0 0 0 rg BT 362.11 434.25 Td (those ) Tj ET Q q 0 0 0 rg BT 385.20 434.25 Td (rules ) Tj ET Q q 0 0 0 rg BT 406.62 434.25 Td (and ) Tj ET Q q 0 0 0 rg BT 423.04 434.25 Td (regulations, ) Tj ET Q q 0 0 0 rg BT 471.95 434.25 Td (although ) Tj ET Q q 0 0 0 rg BT 508.93 434.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.13 434.25 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.25 Td (believes ) Tj ET Q q 0 0 0 rg BT 84.91 422.25 Td (that ) Tj ET Q q 0 0 0 rg BT 102.04 422.25 Td (the ) Tj ET Q q 0 0 0 rg BT 116.40 422.25 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 162.98 422.25 Td (made ) Tj ET Q q 0 0 0 rg BT 186.78 422.25 Td (are ) Tj ET Q q 0 0 0 rg BT 201.13 422.25 Td (adequate ) Tj ET Q q 0 0 0 rg BT 238.81 422.25 Td (to ) Tj ET Q q 0 0 0 rg BT 248.73 422.25 Td (make ) Tj ET Q q 0 0 0 rg BT 272.53 422.25 Td (the ) Tj ET Q q 0 0 0 rg BT 286.88 422.25 Td (information ) Tj ET Q q 0 0 0 rg BT 336.24 422.25 Td (not ) Tj ET Q q 0 0 0 rg BT 351.16 422.25 Td (misleading. ) Tj ET Q q 0 0 0 rg BT 399.53 422.25 Td (These ) Tj ET Q q 0 0 0 rg BT 425.55 422.25 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 467.13 422.25 Td (condensed ) Tj ET Q q 0 0 0 rg BT 511.47 422.25 Td (consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 87.49 410.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 132.22 410.25 Td (contain ) Tj ET Q q 0 0 0 rg BT 164.17 410.25 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 214.45 410.25 Td (\(consisting ) Tj ET Q q 0 0 0 rg BT 260.85 410.25 Td (only ) Tj ET Q q 0 0 0 rg BT 281.15 410.25 Td (of ) Tj ET Q q 0 0 0 rg BT 291.99 410.25 Td (normal ) Tj ET Q q 0 0 0 rg BT 322.83 410.25 Td (recurring ) Tj ET Q q 0 0 0 rg BT 361.99 410.25 Td (items\) ) Tj ET Q q 0 0 0 rg BT 389.50 410.25 Td (necessary ) Tj ET Q q 0 0 0 rg BT 430.88 410.25 Td (to ) Tj ET Q q 0 0 0 rg BT 441.17 410.25 Td (fairly ) Tj ET Q q 0 0 0 rg BT 465.34 410.25 Td (present ) Tj ET Q q 0 0 0 rg BT 496.73 410.25 Td (the ) Tj ET Q q 0 0 0 rg BT 511.46 410.25 Td (consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 87.01 398.25 Td (position ) Tj ET Q q 0 0 0 rg BT 121.26 398.25 Td (of ) Tj ET Q q 0 0 0 rg BT 131.62 398.25 Td (the ) Tj ET Q q 0 0 0 rg BT 145.86 398.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 186.77 398.25 Td (and ) Tj ET Q q 0 0 0 rg BT 203.24 398.25 Td (its ) Tj ET Q q 0 0 0 rg BT 214.71 398.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 267.28 398.25 Td (results ) Tj ET Q q 0 0 0 rg BT 295.42 398.25 Td (of ) Tj ET Q q 0 0 0 rg BT 305.77 398.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 349.45 398.25 Td (and ) Tj ET Q q 0 0 0 rg BT 365.92 398.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 385.71 398.25 Td (flows. ) Tj ET Q q 0 0 0 rg BT 412.46 398.25 Td (Operating ) Tj ET Q q 0 0 0 rg BT 454.47 398.25 Td (results ) Tj ET Q q 0 0 0 rg BT 482.61 398.25 Td (for ) Tj ET Q q 0 0 0 rg BT 496.29 398.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.54 398.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.52 398.25 Td ( ) Tj ET Q q 0 0 0 rg BT 532.55 398.25 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.63 386.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 120.47 386.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.47 386.25 Td ( ) Tj ET Q q 0 0 0 rg BT 143.22 386.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.41 386.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.41 386.25 Td ( ) Tj ET Q q 0 0 0 rg BT 183.16 386.25 Td (are ) Tj ET Q q 0 0 0 rg BT 198.12 386.25 Td (not ) Tj ET Q q 0 0 0 rg BT 213.64 386.25 Td (necessarily ) Tj ET Q q 0 0 0 rg BT 260.82 386.25 Td (indicative ) Tj ET Q q 0 0 0 rg BT 302.99 386.25 Td (of ) Tj ET Q q 0 0 0 rg BT 314.07 386.25 Td (the ) Tj ET Q q 0 0 0 rg BT 329.04 386.25 Td (results ) Tj ET Q q 0 0 0 rg BT 357.90 386.25 Td (that ) Tj ET Q q 0 0 0 rg BT 375.64 386.25 Td (may ) Tj ET Q q 0 0 0 rg BT 395.61 386.25 Td (be ) Tj ET Q q 0 0 0 rg BT 407.79 386.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 446.07 386.25 Td (for ) Tj ET Q q 0 0 0 rg BT 460.48 386.25 Td (future ) Tj ET Q q 0 0 0 rg BT 487.11 386.25 Td (quarters ) Tj ET Q q 0 0 0 rg BT 522.07 386.25 Td (or ) Tj ET Q q 0 0 0 rg BT 533.14 386.25 Td (the ) Tj ET Q q 0 0 0 rg BT 548.11 386.25 Td (full ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.25 Td (year ) Tj ET Q q 0 0 0 rg BT 69.08 374.25 Td (of ) Tj ET Q q 0 0 0 rg BT 79.28 374.25 Td (2020. ) Tj ET Q q 0 0 0 rg BT 103.52 374.25 Td (The ) Tj ET Q q 0 0 0 rg BT 120.94 374.25 Td (condensed ) Tj ET Q q 0 0 0 rg BT 165.02 374.25 Td (consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.43 374.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 275.39 374.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.39 374.25 Td ( ) Tj ET Q q 0 0 0 rg BT 297.26 374.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 329.67 374.25 Td (sheet ) Tj ET Q q 0 0 0 rg BT 352.09 374.25 Td (included ) Tj ET Q q 0 0 0 rg BT 388.39 374.25 Td (in ) Tj ET Q q 0 0 0 rg BT 398.04 374.25 Td (this ) Tj ET Q q 0 0 0 rg BT 414.36 374.25 Td (interim ) Tj ET Q q 0 0 0 rg BT 445.12 374.25 Td (period ) Tj ET Q q 0 0 0 rg BT 472.54 374.25 Td (filing ) Tj ET Q q 0 0 0 rg BT 496.08 374.25 Td (has ) Tj ET Q q 0 0 0 rg BT 511.28 374.25 Td (been ) Tj ET Q q 0 0 0 rg BT 532.03 374.25 Td (derived ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.25 Td (from ) Tj ET Q q 0 0 0 rg BT 71.48 362.25 Td (the ) Tj ET Q q 0 0 0 rg BT 85.74 362.25 Td (audited ) Tj ET Q q 0 0 0 rg BT 117.21 362.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 154.23 362.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 198.48 362.25 Td (at ) Tj ET Q q 0 0 0 rg BT 207.74 362.25 Td (that ) Tj ET Q q 0 0 0 rg BT 224.77 362.25 Td (date, ) Tj ET Q q 0 0 0 rg BT 245.97 362.25 Td (but ) Tj ET Q q 0 0 0 rg BT 260.79 362.25 Td (does ) Tj ET Q q 0 0 0 rg BT 281.16 362.25 Td (not ) Tj ET Q q 0 0 0 rg BT 295.98 362.25 Td (necessarily ) Tj ET Q q 0 0 0 rg BT 342.44 362.25 Td (include ) Tj ET Q q 0 0 0 rg BT 373.91 362.25 Td (all ) Tj ET Q q 0 0 0 rg BT 385.95 362.25 Td (of ) Tj ET Q q 0 0 0 rg BT 396.32 362.25 Td (the ) Tj ET Q q 0 0 0 rg BT 410.58 362.25 Td (information ) Tj ET Q q 0 0 0 rg BT 459.83 362.25 Td (and ) Tj ET Q q 0 0 0 rg BT 476.31 362.25 Td (related ) Tj ET Q q 0 0 0 rg BT 505.55 362.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 528.70 362.25 Td (required ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.25 Td (by ) Tj ET Q q 0 0 0 rg BT 62.17 350.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 89.02 350.25 Td ( ) Tj ET Q q 0 0 0 rg BT 91.19 350.25 Td (for ) Tj ET Q q 0 0 0 rg BT 105.02 350.25 Td (complete ) Tj ET Q q 0 0 0 rg BT 143.83 350.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 180.98 350.25 Td (statements. ) Tj ET Q q 0 0 0 rg BT 227.70 350.25 Td (These ) Tj ET Q q 0 0 0 rg BT 253.75 350.25 Td (condensed ) Tj ET Q q 0 0 0 rg BT 298.12 350.25 Td (interim ) Tj ET Q q 0 0 0 rg BT 329.17 350.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 366.32 350.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 410.70 350.25 Td (should ) Tj ET Q q 0 0 0 rg BT 439.53 350.25 Td (be ) Tj ET Q q 0 0 0 rg BT 451.14 350.25 Td (read ) Tj ET Q q 0 0 0 rg BT 470.51 350.25 Td (in ) Tj ET Q q 0 0 0 rg BT 480.46 350.25 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 529.84 350.25 Td (with ) Tj ET Q q 0 0 0 rg BT 549.78 350.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 103.19 338.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 140.83 338.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 185.69 338.25 Td (and ) Tj ET Q q 0 0 0 rg BT 202.78 338.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 226.54 338.25 Td (thereto ) Tj ET Q q 0 0 0 rg BT 256.95 338.25 Td (included ) Tj ET Q q 0 0 0 rg BT 294.04 338.25 Td (in ) Tj ET Q q 0 0 0 rg BT 304.47 338.25 Td (the ) Tj ET Q q 0 0 0 rg BT 319.34 338.25 Td (Company) Tj ET Q q 0 0 0 rg BT 361.00 338.25 Td (s ) Tj ET Q q 0 0 0 rg BT 366.96 338.25 Td (Annual ) Tj ET Q q 0 0 0 rg BT 399.05 338.25 Td (Report ) Tj ET Q q 0 0 0 rg BT 428.92 338.25 Td (on ) Tj ET Q q 0 0 0 rg BT 441.57 338.25 Td (Form ) Tj ET Q q 0 0 0 rg BT 465.89 338.25 Td (10-K ) Tj ET Q q 0 0 0 rg BT 489.09 338.25 Td (for ) Tj ET Q q 0 0 0 rg BT 503.40 338.25 Td (the ) Tj ET Q q 0 0 0 rg BT 518.27 338.25 Td (year ) Tj ET Q q 0 0 0 rg BT 538.13 338.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 108.58 326.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 326.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 302.25 Td (Reclassification ) Tj ET Q q 0 0 0 rg BT 155.41 302.25 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.49 302.25 Td (There ) Tj ET Q q 0 0 0 rg BT 187.55 302.25 Td (were ) Tj ET Q q 0 0 0 rg BT 209.73 302.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 239.68 302.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 261.87 302.25 Td (year ) Tj ET Q q 0 0 0 rg BT 281.83 302.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 318.47 302.25 Td (that ) Tj ET Q q 0 0 0 rg BT 336.21 302.25 Td (have ) Tj ET Q q 0 0 0 rg BT 357.84 302.25 Td (been ) Tj ET Q q 0 0 0 rg BT 379.47 302.25 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 427.75 302.25 Td (to ) Tj ET Q q 0 0 0 rg BT 438.28 302.25 Td (be ) Tj ET Q q 0 0 0 rg BT 450.47 302.25 Td (consistent ) Tj ET Q q 0 0 0 rg BT 493.21 302.25 Td (with ) Tj ET Q q 0 0 0 rg BT 513.74 302.25 Td (current ) Tj ET Q q 0 0 0 rg BT 544.81 302.25 Td (year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.25 Td (presentation ) Tj ET Q q 0 0 0 rg BT 101.85 290.25 Td (within ) Tj ET Q q 0 0 0 rg BT 130.39 290.25 Td (our ) Tj ET Q q 0 0 0 rg BT 146.69 290.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 184.65 290.25 Td (statements, ) Tj ET Q q 0 0 0 rg BT 232.34 290.25 Td (specifically ) Tj ET Q q 0 0 0 rg BT 281.41 290.25 Td (with ) Tj ET Q q 0 0 0 rg BT 302.17 290.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 333.46 290.25 Td (to ) Tj ET Q q 0 0 0 rg BT 344.22 290.25 Td (the ) Tj ET Q q 0 0 0 rg BT 359.41 290.25 Td (presentation ) Tj ET Q q 0 0 0 rg BT 411.26 290.25 Td (of ) Tj ET Q q 0 0 0 rg BT 422.57 290.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 470.52 290.25 Td (from ) Tj ET Q q 0 0 0 rg BT 492.94 290.25 Td (service ) Tj ET Q q 0 0 0 rg BT 524.23 290.25 Td (providers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 278.25 Td (payables ) Tj ET Q q 0 0 0 rg BT 104.42 278.25 Td (to ) Tj ET Q q 0 0 0 rg BT 114.70 278.25 Td (service ) Tj ET Q q 0 0 0 rg BT 145.52 278.25 Td (agents.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 254.25 Td (Restricted ) Tj ET Q q 0 0 0 rg BT 133.06 254.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 157.92 254.25 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.44 254.25 Td (The ) Tj ET Q q 0 0 0 rg BT 183.17 254.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 219.68 254.25 Td (value ) Tj ET Q q 0 0 0 rg BT 244.52 254.25 Td (of ) Tj ET Q q 0 0 0 rg BT 256.04 254.25 Td (our ) Tj ET Q q 0 0 0 rg BT 272.56 254.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 312.95 254.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 333.91 254.25 Td (in ) Tj ET Q q 0 0 0 rg BT 344.87 254.25 Td (current ) Tj ET Q q 0 0 0 rg BT 376.38 254.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 402.89 254.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.63 254.25 Td ($24.8 ) Tj ET Q q 0 0 0 rg BT 447.32 254.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.21 254.25 Td ( ) Tj ET Q q 0 0 0 rg BT 479.40 254.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.03 254.25 Td ($35.1 ) Tj ET Q q 0 0 0 rg BT 522.72 254.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.61 254.25 Td ( ) Tj ET Q q 0 0 0 rg BT 554.80 254.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 93.59 242.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.59 242.25 Td ( ) Tj ET Q q 0 0 0 rg BT 116.09 242.25 Td (and ) Tj ET Q q 0 0 0 rg BT 133.02 242.25 Td (December ) Tj ET Q q 0 0 0 rg BT 176.60 242.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 191.60 242.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 216.59 242.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 264.25 242.25 Td (. ) Tj ET Q q 0 0 0 rg BT 269.07 242.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.11 242.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 330.70 242.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.70 242.25 Td ( ) Tj ET Q q 0 0 0 rg BT 353.20 242.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 386.23 242.25 Td (consists ) Tj ET Q q 0 0 0 rg BT 420.39 242.25 Td (of ) Tj ET Q q 0 0 0 rg BT 431.22 242.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 454.26 242.25 Td (deposits ) Tj ET Q q 0 0 0 rg BT 489.53 242.25 Td (\(many ) Tj ET Q q 0 0 0 rg BT 517.57 242.25 Td (in ) Tj ET Q q 0 0 0 rg BT 527.85 242.25 Td (the ) Tj ET Q q 0 0 0 rg BT 542.56 242.25 Td (form ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 230.25 Td (certificates ) Tj ET Q q 0 0 0 rg BT 107.19 230.25 Td (of ) Tj ET Q q 0 0 0 rg BT 118.02 230.25 Td (deposit\) ) Tj ET Q q 0 0 0 rg BT 152.73 230.25 Td (pledged ) Tj ET Q q 0 0 0 rg BT 186.89 230.25 Td (with ) Tj ET Q q 0 0 0 rg BT 207.17 230.25 Td (banks ) Tj ET Q q 0 0 0 rg BT 233.00 230.25 Td (for ) Tj ET Q q 0 0 0 rg BT 247.16 230.25 Td (issuance ) Tj ET Q q 0 0 0 rg BT 283.54 230.25 Td (of ) Tj ET Q q 0 0 0 rg BT 294.37 230.25 Td (bank ) Tj ET Q q 0 0 0 rg BT 316.30 230.25 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 361.56 230.25 Td (and ) Tj ET Q q 0 0 0 rg BT 378.50 230.25 Td (letters ) Tj ET Q q 0 0 0 rg BT 405.43 230.25 Td (of ) Tj ET Q q 0 0 0 rg BT 416.26 230.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 441.52 230.25 Td (related ) Tj ET Q q 0 0 0 rg BT 471.23 230.25 Td (to ) Tj ET Q q 0 0 0 rg BT 481.50 230.25 Td (its ) Tj ET Q q 0 0 0 rg BT 493.45 230.25 Td (India ) Tj ET Q q 0 0 0 rg BT 516.50 230.25 Td (operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 206.25 Td (The ) Tj ET Q q 0 0 0 rg BT 103.50 206.25 Td (following ) Tj ET Q q 0 0 0 rg BT 144.33 206.25 Td (table ) Tj ET Q q 0 0 0 rg BT 165.71 206.25 Td (provides ) Tj ET Q q 0 0 0 rg BT 202.10 206.25 Td (a ) Tj ET Q q 0 0 0 rg BT 208.49 206.25 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 265.41 206.25 Td (of ) Tj ET Q q 0 0 0 rg BT 275.69 206.25 Td (cash, ) Tj ET Q q 0 0 0 rg BT 297.90 206.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 317.62 206.25 Td (equivalents, ) Tj ET Q q 0 0 0 rg BT 367.61 206.25 Td (and ) Tj ET Q q 0 0 0 rg BT 384.00 206.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 423.15 206.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 442.87 206.25 Td (reported ) Tj ET Q q 0 0 0 rg BT 478.13 206.25 Td (within ) Tj ET Q q 0 0 0 rg BT 505.63 206.25 Td (the ) Tj ET Q q 0 0 0 rg BT 519.80 206.25 Td (condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 103.04 194.25 Td (statement ) Tj ET Q q 0 0 0 rg BT 143.86 194.25 Td (of ) Tj ET Q q 0 0 0 rg BT 154.69 194.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 192.17 194.25 Td (position ) Tj ET Q q 0 0 0 rg BT 226.90 194.25 Td (to ) Tj ET Q q 0 0 0 rg BT 237.18 194.25 Td (the ) Tj ET Q q 0 0 0 rg BT 251.89 194.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 288.28 194.25 Td (shown ) Tj ET Q q 0 0 0 rg BT 316.89 194.25 Td (in ) Tj ET Q q 0 0 0 rg BT 327.17 194.25 Td (the ) Tj ET Q q 0 0 0 rg BT 341.89 194.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 388.83 194.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 444.10 194.25 Td (Statement ) Tj ET Q q 0 0 0 rg BT 486.59 194.25 Td (of ) Tj ET Q q 0 0 0 rg BT 497.42 194.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 519.92 194.25 Td (Flows:) Tj ET Q endstream endobj 27 0 obj <>] /Rotate 0 /Contents 28 0 R>> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 31.60 Td (1) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 88.50 688.50 250.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 688.50 85.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 688.50 9.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 688.50 90.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 88.50 656.50 250.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 656.50 85.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 656.50 9.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 656.50 90.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 704.5 m 423.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 704.5 m 522.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 688.5 m 423.5 688.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 688.5 m 432.5 688.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 688.5 m 522.5 688.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 640.5 m 522.5 640.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 640.5 m 423.5 640.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 616.5 m 423.5 616.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 614.5 m 423.5 614.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 640.5 m 522.5 640.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 616.5 m 522.5 616.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 614.5 m 522.5 614.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.50 738.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 401.08 738.18 Td (ee Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.15 723.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 426.94 723.18 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.50 709.18 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.00 709.18 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.00 693.18 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.00 677.17 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 677.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.15 677.17 Td (61,854) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.00 677.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 677.17 Td (64,189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.00 661.17 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.15 661.17 Td (24,756) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 661.17 Td (29,743) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.00 645.17 Td (Restricted cash included in other long-term assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 645.17 Td (2,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 645.17 Td (4,005) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 91.00 630.18 Td (T) Tj ET Q q 0 0 0 rg BT 96.75 630.18 Td (otal cash, cash equivalents, and r) Tj ET Q q 0 0 0 rg BT 236.86 630.18 Td (estricted cash shown) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 91.00 620.18 Td (in the Condensed Consolidated Statement of Cash Flows) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.00 620.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.15 620.18 Td (88,998) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.00 620.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.15 620.18 Td (97,937) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 580.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 580.00 Td (Advertising) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 580.00 Td (Advertising ) Tj ET Q q 0 0 0 rg BT 195.62 580.00 Td (costs ) Tj ET Q q 0 0 0 rg BT 218.03 580.00 Td (amounted ) Tj ET Q q 0 0 0 rg BT 259.86 580.00 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.05 580.00 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 289.95 580.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.84 580.00 Td ( ) Tj ET Q q 0 0 0 rg BT 321.25 580.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.09 580.00 Td ($3.6 ) Tj ET Q q 0 0 0 rg BT 358.00 580.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.89 580.00 Td ( ) Tj ET Q q 0 0 0 rg BT 389.29 580.00 Td (for ) Tj ET Q q 0 0 0 rg BT 403.36 580.00 Td (the ) Tj ET Q q 0 0 0 rg BT 417.98 580.00 Td (three ) Tj ET Q q 0 0 0 rg BT 440.37 580.00 Td (months ) Tj ET Q q 0 0 0 rg BT 472.22 580.00 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.50 580.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 542.01 580.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.00 Td (and ) Tj ET Q q 0 0 0 rg BT 67.51 568.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 93.08 568.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 140.74 568.00 Td (. ) Tj ET Q q 0 0 0 rg BT 146.09 568.00 Td (The ) Tj ET Q q 0 0 0 rg BT 164.71 568.00 Td (costs ) Tj ET Q q 0 0 0 rg BT 187.78 568.00 Td (are ) Tj ET Q q 0 0 0 rg BT 203.05 568.00 Td (included ) Tj ET Q q 0 0 0 rg BT 240.56 568.00 Td (in ) Tj ET Q q 0 0 0 rg BT 251.41 568.00 Td (sales ) Tj ET Q q 0 0 0 rg BT 273.91 568.00 Td (and ) Tj ET Q q 0 0 0 rg BT 291.42 568.00 Td (marketing ) Tj ET Q q 0 0 0 rg BT 335.04 568.00 Td (expenses ) Tj ET Q q 0 0 0 rg BT 374.20 568.00 Td (in ) Tj ET Q q 0 0 0 rg BT 385.05 568.00 Td (the ) Tj ET Q q 0 0 0 rg BT 400.34 568.00 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 461.72 568.00 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 509.23 568.00 Td (Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.00 Td (Statements ) Tj ET Q q 0 0 0 rg BT 96.38 556.00 Td (of ) Tj ET Q q 0 0 0 rg BT 107.21 556.00 Td (Income. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 534.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 534.00 Td (Fair) Tj ET Q q 0 0 0 rg BT 104.14 534.00 Td ( ) Tj ET Q q 0 0 0 rg BT 106.56 534.00 Td (V) Tj ET Q q 0 0 0 rg BT 112.86 534.00 Td (alue ) Tj ET Q q 0 0 0 rg BT 133.25 534.00 Td (of ) Tj ET Q q 0 0 0 rg BT 144.18 534.00 Td (Financial ) Tj ET Q q 0 0 0 rg BT 186.79 534.00 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.02 534.00 Td (Fair ) Tj ET Q q 0 0 0 rg BT 267.73 534.00 Td (value ) Tj ET Q q 0 0 0 rg BT 291.99 534.00 Td (is ) Tj ET Q q 0 0 0 rg BT 301.26 534.00 Td (defined ) Tj ET Q q 0 0 0 rg BT 333.85 534.00 Td (as ) Tj ET Q q 0 0 0 rg BT 344.78 534.00 Td (the ) Tj ET Q q 0 0 0 rg BT 359.61 534.00 Td (exchange ) Tj ET Q q 0 0 0 rg BT 399.96 534.00 Td (price ) Tj ET Q q 0 0 0 rg BT 422.55 534.00 Td (that ) Tj ET Q q 0 0 0 rg BT 440.15 534.00 Td (would ) Tj ET Q q 0 0 0 rg BT 467.76 534.00 Td (be ) Tj ET Q q 0 0 0 rg BT 479.80 534.00 Td (received ) Tj ET Q q 0 0 0 rg BT 516.26 534.00 Td (for ) Tj ET Q q 0 0 0 rg BT 530.53 534.00 Td (an ) Tj ET Q q 0 0 0 rg BT 542.57 534.00 Td (asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.00 Td (or ) Tj ET Q q 0 0 0 rg BT 61.25 522.00 Td (paid ) Tj ET Q q 0 0 0 rg BT 81.39 522.00 Td (to ) Tj ET Q q 0 0 0 rg BT 92.08 522.00 Td (transfer ) Tj ET Q q 0 0 0 rg BT 125.54 522.00 Td (a ) Tj ET Q q 0 0 0 rg BT 132.90 522.00 Td (liability ) Tj ET Q q 0 0 0 rg BT 166.93 522.00 Td (\(an ) Tj ET Q q 0 0 0 rg BT 182.62 522.00 Td (exit ) Tj ET Q q 0 0 0 rg BT 200.53 522.00 Td (price\) ) Tj ET Q q 0 0 0 rg BT 226.77 522.00 Td (in ) Tj ET Q q 0 0 0 rg BT 237.47 522.00 Td (the ) Tj ET Q q 0 0 0 rg BT 252.60 522.00 Td (principal ) Tj ET Q q 0 0 0 rg BT 291.06 522.00 Td (or ) Tj ET Q q 0 0 0 rg BT 302.31 522.00 Td (most ) Tj ET Q q 0 0 0 rg BT 324.68 522.00 Td (advantageous ) Tj ET Q q 0 0 0 rg BT 382.03 522.00 Td (market ) Tj ET Q q 0 0 0 rg BT 412.71 522.00 Td (for ) Tj ET Q q 0 0 0 rg BT 427.29 522.00 Td (the ) Tj ET Q q 0 0 0 rg BT 442.43 522.00 Td (asset ) Tj ET Q q 0 0 0 rg BT 464.79 522.00 Td (or ) Tj ET Q q 0 0 0 rg BT 476.04 522.00 Td (liability ) Tj ET Q q 0 0 0 rg BT 510.06 522.00 Td (in ) Tj ET Q q 0 0 0 rg BT 520.76 522.00 Td (an ) Tj ET Q q 0 0 0 rg BT 533.12 522.00 Td (orderly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.00 Td (transaction. ) Tj ET Q q 0 0 0 rg BT 99.25 510.00 Td (This ) Tj ET Q q 0 0 0 rg BT 120.12 510.00 Td (guidance ) Tj ET Q q 0 0 0 rg BT 159.31 510.00 Td (establishes ) Tj ET Q q 0 0 0 rg BT 205.73 510.00 Td (a ) Tj ET Q q 0 0 0 rg BT 213.27 510.00 Td (three-level ) Tj ET Q q 0 0 0 rg BT 259.12 510.00 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 299.97 510.00 Td (for ) Tj ET Q q 0 0 0 rg BT 314.72 510.00 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 358.37 510.00 Td (of ) Tj ET Q q 0 0 0 rg BT 369.80 510.00 Td (assets ) Tj ET Q q 0 0 0 rg BT 396.22 510.00 Td (and ) Tj ET Q q 0 0 0 rg BT 413.76 510.00 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 454.07 510.00 Td (recorded ) Tj ET Q q 0 0 0 rg BT 492.15 510.00 Td (at ) Tj ET Q q 0 0 0 rg BT 502.46 510.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 519.43 510.00 Td (value. ) Tj ET Q q 0 0 0 rg BT 546.46 510.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.00 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 91.68 498.00 Td (reflects ) Tj ET Q q 0 0 0 rg BT 125.02 498.00 Td (the ) Tj ET Q q 0 0 0 rg BT 141.16 498.00 Td (degree ) Tj ET Q q 0 0 0 rg BT 171.73 498.00 Td (to ) Tj ET Q q 0 0 0 rg BT 183.43 498.00 Td (which ) Tj ET Q q 0 0 0 rg BT 211.79 498.00 Td (objective ) Tj ET Q q 0 0 0 rg BT 252.36 498.00 Td (data ) Tj ET Q q 0 0 0 rg BT 272.93 498.00 Td (from ) Tj ET Q q 0 0 0 rg BT 296.29 498.00 Td (external ) Tj ET Q q 0 0 0 rg BT 332.42 498.00 Td (active ) Tj ET Q q 0 0 0 rg BT 360.21 498.00 Td (markets ) Tj ET Q q 0 0 0 rg BT 395.79 498.00 Td (are ) Tj ET Q q 0 0 0 rg BT 411.92 498.00 Td (available ) Tj ET Q q 0 0 0 rg BT 451.93 498.00 Td (to ) Tj ET Q q 0 0 0 rg BT 463.63 498.00 Td (measure ) Tj ET Q q 0 0 0 rg BT 500.86 498.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 518.66 498.00 Td (value. ) Tj ET Q q 0 0 0 rg BT 546.45 498.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.00 Td (classification ) Tj ET Q q 0 0 0 rg BT 105.50 486.00 Td (of ) Tj ET Q q 0 0 0 rg BT 116.58 486.00 Td (assets ) Tj ET Q q 0 0 0 rg BT 142.65 486.00 Td (and ) Tj ET Q q 0 0 0 rg BT 159.83 486.00 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 199.79 486.00 Td (within ) Tj ET Q q 0 0 0 rg BT 228.09 486.00 Td (the ) Tj ET Q q 0 0 0 rg BT 243.05 486.00 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 283.55 486.00 Td (is ) Tj ET Q q 0 0 0 rg BT 292.96 486.00 Td (based ) Tj ET Q q 0 0 0 rg BT 318.47 486.00 Td (on ) Tj ET Q q 0 0 0 rg BT 331.21 486.00 Td (whether ) Tj ET Q q 0 0 0 rg BT 366.17 486.00 Td (the ) Tj ET Q q 0 0 0 rg BT 381.13 486.00 Td (inputs ) Tj ET Q q 0 0 0 rg BT 408.32 486.00 Td (to ) Tj ET Q q 0 0 0 rg BT 418.84 486.00 Td (the ) Tj ET Q q 0 0 0 rg BT 433.80 486.00 Td (valuation ) Tj ET Q q 0 0 0 rg BT 473.75 486.00 Td (methodology ) Tj ET Q q 0 0 0 rg BT 529.27 486.00 Td (used ) Tj ET Q q 0 0 0 rg BT 550.34 486.00 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.00 Td (measurement ) Tj ET Q q 0 0 0 rg BT 105.81 474.00 Td (are ) Tj ET Q q 0 0 0 rg BT 120.52 474.00 Td (observable ) Tj ET Q q 0 0 0 rg BT 166.33 474.00 Td (or ) Tj ET Q q 0 0 0 rg BT 177.16 474.00 Td (unobservable. ) Tj ET Q q 0 0 0 rg BT 235.30 474.00 Td (The ) Tj ET Q q 0 0 0 rg BT 253.34 474.00 Td (classifications ) Tj ET Q q 0 0 0 rg BT 312.50 474.00 Td (are ) Tj ET Q q 0 0 0 rg BT 327.20 474.00 Td (as ) Tj ET Q q 0 0 0 rg BT 338.03 474.00 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 456.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 122 454.6669921875 m 179.4345703125 454.6669921875 l s q 0 0 0 rg BT 122.00 456.00 Td (Level ) Tj ET Q q 0 0 0 rg BT 147.10 456.00 Td (1 ) Tj ET Q q 0 0 0 rg BT 154.43 456.00 Td (Inputs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.43 456.00 Td ( ) Tj ET Q q 0 0 0 rg BT 181.77 456.00 Td (- ) Tj ET Q q 0 0 0 rg BT 187.44 456.00 Td (Unadjusted ) Tj ET Q q 0 0 0 rg BT 235.32 456.00 Td (quoted ) Tj ET Q q 0 0 0 rg BT 264.87 456.00 Td (prices ) Tj ET Q q 0 0 0 rg BT 291.08 456.00 Td (available ) Tj ET Q q 0 0 0 rg BT 329.51 456.00 Td (in ) Tj ET Q q 0 0 0 rg BT 339.62 456.00 Td (active ) Tj ET Q q 0 0 0 rg BT 365.83 456.00 Td (markets ) Tj ET Q q 0 0 0 rg BT 399.82 456.00 Td (for ) Tj ET Q q 0 0 0 rg BT 413.81 456.00 Td (identical ) Tj ET Q q 0 0 0 rg BT 450.58 456.00 Td (investments ) Tj ET Q q 0 0 0 rg BT 500.69 456.00 Td (to ) Tj ET Q q 0 0 0 rg BT 510.80 456.00 Td (the ) Tj ET Q q 0 0 0 rg BT 525.35 456.00 Td (reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 444.00 Td (entity ) Tj ET Q q 0 0 0 rg BT 147.27 444.00 Td (at ) Tj ET Q q 0 0 0 rg BT 156.99 444.00 Td (the ) Tj ET Q q 0 0 0 rg BT 171.71 444.00 Td (measurement ) Tj ET Q q 0 0 0 rg BT 227.52 444.00 Td (date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 432.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 122 430.6669921875 m 181.53125 430.6669921875 l s q 0 0 0 rg BT 122.00 432.00 Td (Level ) Tj ET Q q 0 0 0 rg BT 148.15 432.00 Td (2 ) Tj ET Q q 0 0 0 rg BT 156.53 432.00 Td (Inputs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.53 432.00 Td ( ) Tj ET Q q 0 0 0 rg BT 184.92 432.00 Td (- ) Tj ET Q q 0 0 0 rg BT 191.63 432.00 Td (Other ) Tj ET Q q 0 0 0 rg BT 217.78 432.00 Td (than ) Tj ET Q q 0 0 0 rg BT 238.38 432.00 Td (quoted ) Tj ET Q q 0 0 0 rg BT 268.98 432.00 Td (prices ) Tj ET Q q 0 0 0 rg BT 296.24 432.00 Td (included ) Tj ET Q q 0 0 0 rg BT 334.06 432.00 Td (in ) Tj ET Q q 0 0 0 rg BT 345.22 432.00 Td (Level ) Tj ET Q q 0 0 0 rg BT 371.37 432.00 Td (1 ) Tj ET Q q 0 0 0 rg BT 379.75 432.00 Td (inputs, ) Tj ET Q q 0 0 0 rg BT 410.09 432.00 Td (which ) Tj ET Q q 0 0 0 rg BT 437.91 432.00 Td (are ) Tj ET Q q 0 0 0 rg BT 453.50 432.00 Td (observable ) Tj ET Q q 0 0 0 rg BT 500.20 432.00 Td (for ) Tj ET Q q 0 0 0 rg BT 515.24 432.00 Td (the ) Tj ET Q q 0 0 0 rg BT 530.84 432.00 Td (asset ) Tj ET Q q 0 0 0 rg BT 553.67 432.00 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 420.00 Td (liability) Tj ET Q q 0 0 0 rg BT 152.46 420.00 Td (, ) Tj ET Q q 0 0 0 rg BT 157.46 420.00 Td (either ) Tj ET Q q 0 0 0 rg BT 182.72 420.00 Td (directly ) Tj ET Q q 0 0 0 rg BT 215.76 420.00 Td (or ) Tj ET Q q 0 0 0 rg BT 226.59 420.00 Td (indirectly) Tj ET Q q 0 0 0 rg BT 264.27 420.00 Td (, ) Tj ET Q q 0 0 0 rg BT 269.27 420.00 Td (for ) Tj ET Q q 0 0 0 rg BT 283.43 420.00 Td (substantially ) Tj ET Q q 0 0 0 rg BT 336.48 420.00 Td (the ) Tj ET Q q 0 0 0 rg BT 351.19 420.00 Td (full ) Tj ET Q q 0 0 0 rg BT 367.58 420.00 Td (term ) Tj ET Q q 0 0 0 rg BT 388.41 420.00 Td (of ) Tj ET Q q 0 0 0 rg BT 399.24 420.00 Td (the ) Tj ET Q q 0 0 0 rg BT 413.95 420.00 Td (asset ) Tj ET Q q 0 0 0 rg BT 435.89 420.00 Td (or ) Tj ET Q q 0 0 0 rg BT 446.72 420.00 Td (liability) Tj ET Q q 0 0 0 rg BT 477.18 420.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 408.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 122 406.6669921875 m 181.31640625 406.6669921875 l s q 0 0 0 rg BT 122.00 408.00 Td (Level ) Tj ET Q q 0 0 0 rg BT 148.04 408.00 Td (3 ) Tj ET Q q 0 0 0 rg BT 156.32 408.00 Td (Inputs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.32 408.00 Td ( ) Tj ET Q q 0 0 0 rg BT 184.59 408.00 Td (- ) Tj ET Q q 0 0 0 rg BT 191.20 408.00 Td (Unobservable ) Tj ET Q q 0 0 0 rg BT 250.01 408.00 Td (inputs, ) Tj ET Q q 0 0 0 rg BT 280.24 408.00 Td (which ) Tj ET Q q 0 0 0 rg BT 307.95 408.00 Td (are ) Tj ET Q q 0 0 0 rg BT 323.44 408.00 Td (used ) Tj ET Q q 0 0 0 rg BT 345.04 408.00 Td (to ) Tj ET Q q 0 0 0 rg BT 356.10 408.00 Td (the ) Tj ET Q q 0 0 0 rg BT 371.59 408.00 Td (extent ) Tj ET Q q 0 0 0 rg BT 399.30 408.00 Td (that ) Tj ET Q q 0 0 0 rg BT 417.57 408.00 Td (observable ) Tj ET Q q 0 0 0 rg BT 464.16 408.00 Td (inputs ) Tj ET Q q 0 0 0 rg BT 491.89 408.00 Td (are ) Tj ET Q q 0 0 0 rg BT 507.37 408.00 Td (not ) Tj ET Q q 0 0 0 rg BT 523.43 408.00 Td (available. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 396.00 Td (Unobservable ) Tj ET Q q 0 0 0 rg BT 180.46 396.00 Td (inputs, ) Tj ET Q q 0 0 0 rg BT 210.33 396.00 Td (are ) Tj ET Q q 0 0 0 rg BT 225.46 396.00 Td (used ) Tj ET Q q 0 0 0 rg BT 246.72 396.00 Td (in ) Tj ET Q q 0 0 0 rg BT 257.42 396.00 Td (situations ) Tj ET Q q 0 0 0 rg BT 298.68 396.00 Td (where ) Tj ET Q q 0 0 0 rg BT 326.03 396.00 Td (there ) Tj ET Q q 0 0 0 rg BT 348.94 396.00 Td (is ) Tj ET Q q 0 0 0 rg BT 358.53 396.00 Td (little ) Tj ET Q q 0 0 0 rg BT 379.79 396.00 Td (or ) Tj ET Q q 0 0 0 rg BT 391.04 396.00 Td (no ) Tj ET Q q 0 0 0 rg BT 403.97 396.00 Td (market ) Tj ET Q q 0 0 0 rg BT 434.65 396.00 Td (activity ) Tj ET Q q 0 0 0 rg BT 467.57 396.00 Td (for ) Tj ET Q q 0 0 0 rg BT 482.15 396.00 Td (the ) Tj ET Q q 0 0 0 rg BT 497.29 396.00 Td (asset ) Tj ET Q q 0 0 0 rg BT 519.65 396.00 Td (or ) Tj ET Q q 0 0 0 rg BT 530.91 396.00 Td (liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 384.00 Td (and ) Tj ET Q q 0 0 0 rg BT 138.69 384.00 Td (wherein ) Tj ET Q q 0 0 0 rg BT 173.15 384.00 Td (the ) Tj ET Q q 0 0 0 rg BT 187.62 384.00 Td (reporting ) Tj ET Q q 0 0 0 rg BT 226.52 384.00 Td (entity ) Tj ET Q q 0 0 0 rg BT 251.55 384.00 Td (makes ) Tj ET Q q 0 0 0 rg BT 279.34 384.00 Td (estimates ) Tj ET Q q 0 0 0 rg BT 318.81 384.00 Td (and ) Tj ET Q q 0 0 0 rg BT 335.50 384.00 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 387.20 384.00 Td (related ) Tj ET Q q 0 0 0 rg BT 416.65 384.00 Td (to ) Tj ET Q q 0 0 0 rg BT 426.68 384.00 Td (the ) Tj ET Q q 0 0 0 rg BT 441.15 384.00 Td (pricing ) Tj ET Q q 0 0 0 rg BT 471.72 384.00 Td (of ) Tj ET Q q 0 0 0 rg BT 482.30 384.00 Td (the ) Tj ET Q q 0 0 0 rg BT 496.77 384.00 Td (asset ) Tj ET Q q 0 0 0 rg BT 518.46 384.00 Td (or ) Tj ET Q q 0 0 0 rg BT 529.04 384.00 Td (liability) Tj ET Q q 0 0 0 rg BT 559.50 384.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 372.00 Td (including ) Tj ET Q q 0 0 0 rg BT 162.27 372.00 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 214.22 372.00 Td (regarding ) Tj ET Q q 0 0 0 rg BT 255.04 372.00 Td (risk.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 348.00 Td (A) Tj ET Q q 0 0 0 rg BT 92.67 348.00 Td ( ) Tj ET Q q 0 0 0 rg BT 95.22 348.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 132.75 348.00 Td (instrument's ) Tj ET Q q 0 0 0 rg BT 183.77 348.00 Td (level ) Tj ET Q q 0 0 0 rg BT 205.75 348.00 Td (within ) Tj ET Q q 0 0 0 rg BT 233.86 348.00 Td (the ) Tj ET Q q 0 0 0 rg BT 248.63 348.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 265.05 348.00 Td (value ) Tj ET Q q 0 0 0 rg BT 289.26 348.00 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 329.56 348.00 Td (is ) Tj ET Q q 0 0 0 rg BT 338.78 348.00 Td (based ) Tj ET Q q 0 0 0 rg BT 364.10 348.00 Td (on ) Tj ET Q q 0 0 0 rg BT 376.65 348.00 Td (the ) Tj ET Q q 0 0 0 rg BT 391.42 348.00 Td (lowest ) Tj ET Q q 0 0 0 rg BT 420.08 348.00 Td (level ) Tj ET Q q 0 0 0 rg BT 442.06 348.00 Td (of ) Tj ET Q q 0 0 0 rg BT 452.94 348.00 Td (any ) Tj ET Q q 0 0 0 rg BT 469.93 348.00 Td (input ) Tj ET Q q 0 0 0 rg BT 493.04 348.00 Td (that ) Tj ET Q q 0 0 0 rg BT 510.58 348.00 Td (is ) Tj ET Q q 0 0 0 rg BT 519.80 348.00 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.00 Td (to ) Tj ET Q q 0 0 0 rg BT 60.28 336.00 Td (the ) Tj ET Q q 0 0 0 rg BT 75.00 336.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 91.37 336.00 Td (value ) Tj ET Q q 0 0 0 rg BT 115.53 336.00 Td (measurement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 312.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 312.00 Td (As ) Tj ET Q q 0 0 0 rg BT 99.41 312.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.03 312.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 153.43 312.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.43 312.00 Td (, ) Tj ET Q q 0 0 0 rg BT 178.22 312.00 Td (the ) Tj ET Q q 0 0 0 rg BT 192.73 312.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 233.92 312.00 Td (had ) Tj ET Q q 0 0 0 rg BT 250.65 312.00 Td (the ) Tj ET Q q 0 0 0 rg BT 265.16 312.00 Td (following ) Tj ET Q q 0 0 0 rg BT 306.34 312.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 343.62 312.00 Td (instruments ) Tj ET Q q 0 0 0 rg BT 392.58 312.00 Td (to ) Tj ET Q q 0 0 0 rg BT 402.65 312.00 Td (which ) Tj ET Q q 0 0 0 rg BT 429.38 312.00 Td (it ) Tj ET Q q 0 0 0 rg BT 437.24 312.00 Td (had ) Tj ET Q q 0 0 0 rg BT 453.97 312.00 Td (to ) Tj ET Q q 0 0 0 rg BT 464.04 312.00 Td (both ) Tj ET Q q 0 0 0 rg BT 484.12 312.00 Td (consider ) Tj ET Q q 0 0 0 rg BT 520.29 312.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 536.46 312.00 Td (values ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 300.00 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 300.00 Td (make ) Tj ET Q q 0 0 0 rg BT 91.09 300.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 107.47 300.00 Td (value ) Tj ET Q q 0 0 0 rg BT 131.63 300.00 Td (assessments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 276.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 276.00 Td (Short-term ) Tj ET Q q 0 0 0 rg BT 167.90 276.00 Td (investments ) Tj ET Q q 0 0 0 rg BT 218.24 276.00 Td (\(commercial ) Tj ET Q q 0 0 0 rg BT 271.34 276.00 Td (bank ) Tj ET Q q 0 0 0 rg BT 293.34 276.00 Td (certificates ) Tj ET Q q 0 0 0 rg BT 339.77 276.00 Td (of ) Tj ET Q q 0 0 0 rg BT 350.67 276.00 Td (deposits ) Tj ET Q q 0 0 0 rg BT 386.02 276.00 Td (and ) Tj ET Q q 0 0 0 rg BT 403.03 276.00 Td (mutual ) Tj ET Q q 0 0 0 rg BT 433.37 276.00 Td (funds\), ) Tj ET Q q 0 0 0 rg BT 463.99 276.00 Td (for ) Tj ET Q q 0 0 0 rg BT 478.22 276.00 Td (which ) Tj ET Q q 0 0 0 rg BT 505.23 276.00 Td (the ) Tj ET Q q 0 0 0 rg BT 520.02 276.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 536.46 276.00 Td (values ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 264.00 Td (are ) Tj ET Q q 0 0 0 rg BT 136.71 264.00 Td (measured ) Tj ET Q q 0 0 0 rg BT 177.52 264.00 Td (as ) Tj ET Q q 0 0 0 rg BT 188.35 264.00 Td (a ) Tj ET Q q 0 0 0 rg BT 195.29 264.00 Td (Level ) Tj ET Q q 0 0 0 rg BT 220.55 264.00 Td (1 ) Tj ET Q q 0 0 0 rg BT 228.05 264.00 Td (instrument.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 252.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 252.00 Td (Contingent ) Tj ET Q q 0 0 0 rg BT 169.26 252.00 Td (accrued ) Tj ET Q q 0 0 0 rg BT 203.15 252.00 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 239.28 252.00 Td (business ) Tj ET Q q 0 0 0 rg BT 275.98 252.00 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 322.68 252.00 Td (consideration ) Tj ET Q q 0 0 0 rg BT 379.36 252.00 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 421.89 252.00 Td (for ) Tj ET Q q 0 0 0 rg BT 436.37 252.00 Td (which ) Tj ET Q q 0 0 0 rg BT 463.62 252.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 480.31 252.00 Td (values ) Tj ET Q q 0 0 0 rg BT 508.67 252.00 Td (are ) Tj ET Q q 0 0 0 rg BT 523.68 252.00 Td (measured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 240.00 Td (as ) Tj ET Q q 0 0 0 rg BT 132.63 240.00 Td (Level ) Tj ET Q q 0 0 0 rg BT 157.69 240.00 Td (3 ) Tj ET Q q 0 0 0 rg BT 164.99 240.00 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 216.29 240.00 Td (These ) Tj ET Q q 0 0 0 rg BT 242.46 240.00 Td (contingent ) Tj ET Q q 0 0 0 rg BT 286.97 240.00 Td (consideration ) Tj ET Q q 0 0 0 rg BT 343.15 240.00 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 382.66 240.00 Td (were ) Tj ET Q q 0 0 0 rg BT 404.39 240.00 Td (recorded ) Tj ET Q q 0 0 0 rg BT 441.66 240.00 Td (at ) Tj ET Q q 0 0 0 rg BT 451.18 240.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 467.35 240.00 Td (value ) Tj ET Q q 0 0 0 rg BT 491.31 240.00 Td (on ) Tj ET Q q 0 0 0 rg BT 503.61 240.00 Td (the ) Tj ET Q q 0 0 0 rg BT 518.12 240.00 Td (acquisition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 228.00 Td (date ) Tj ET Q q 0 0 0 rg BT 140.59 228.00 Td (and ) Tj ET Q q 0 0 0 rg BT 156.97 228.00 Td (are ) Tj ET Q q 0 0 0 rg BT 171.11 228.00 Td (re-measured ) Tj ET Q q 0 0 0 rg BT 222.46 228.00 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 260.50 228.00 Td (based ) Tj ET Q q 0 0 0 rg BT 285.20 228.00 Td (on ) Tj ET Q q 0 0 0 rg BT 297.14 228.00 Td (the ) Tj ET Q q 0 0 0 rg BT 311.29 228.00 Td (then ) Tj ET Q q 0 0 0 rg BT 330.45 228.00 Td (assessed ) Tj ET Q q 0 0 0 rg BT 366.27 228.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 382.08 228.00 Td (value ) Tj ET Q q 0 0 0 rg BT 405.67 228.00 Td (and ) Tj ET Q q 0 0 0 rg BT 422.05 228.00 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 457.31 228.00 Td (if ) Tj ET Q q 0 0 0 rg BT 465.36 228.00 Td (necessary) Tj ET Q q 0 0 0 rg BT 503.58 228.00 Td (. ) Tj ET Q q 0 0 0 rg BT 507.87 228.00 Td (The ) Tj ET Q q 0 0 0 rg BT 525.36 228.00 Td (increases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 216.00 Td (or ) Tj ET Q q 0 0 0 rg BT 132.77 216.00 Td (decreases ) Tj ET Q q 0 0 0 rg BT 173.52 216.00 Td (in ) Tj ET Q q 0 0 0 rg BT 183.74 216.00 Td (the ) Tj ET Q q 0 0 0 rg BT 198.40 216.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 214.71 216.00 Td (value ) Tj ET Q q 0 0 0 rg BT 238.81 216.00 Td (of ) Tj ET Q q 0 0 0 rg BT 249.58 216.00 Td (contingent ) Tj ET Q q 0 0 0 rg BT 294.24 216.00 Td (consideration ) Tj ET Q q 0 0 0 rg BT 350.55 216.00 Td (can ) Tj ET Q q 0 0 0 rg BT 366.87 216.00 Td (result ) Tj ET Q q 0 0 0 rg BT 391.53 216.00 Td (from ) Tj ET Q q 0 0 0 rg BT 413.41 216.00 Td (changes ) Tj ET Q q 0 0 0 rg BT 448.05 216.00 Td (in ) Tj ET Q q 0 0 0 rg BT 458.27 216.00 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 504.58 216.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 538.67 216.00 Td (levels ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 204.00 Td (and ) Tj ET Q q 0 0 0 rg BT 138.62 204.00 Td (changes ) Tj ET Q q 0 0 0 rg BT 173.00 204.00 Td (in ) Tj ET Q q 0 0 0 rg BT 182.96 204.00 Td (assumed ) Tj ET Q q 0 0 0 rg BT 219.58 204.00 Td (discount ) Tj ET Q q 0 0 0 rg BT 255.65 204.00 Td (periods ) Tj ET Q q 0 0 0 rg BT 287.26 204.00 Td (and ) Tj ET Q q 0 0 0 rg BT 303.88 204.00 Td (rates. ) Tj ET Q q 0 0 0 rg BT 326.96 204.00 Td (As ) Tj ET Q q 0 0 0 rg BT 340.25 204.00 Td (the ) Tj ET Q q 0 0 0 rg BT 354.64 204.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 370.70 204.00 Td (value ) Tj ET Q q 0 0 0 rg BT 394.53 204.00 Td (measure ) Tj ET Q q 0 0 0 rg BT 430.03 204.00 Td (is ) Tj ET Q q 0 0 0 rg BT 438.88 204.00 Td (based ) Tj ET Q q 0 0 0 rg BT 463.83 204.00 Td (on ) Tj ET Q q 0 0 0 rg BT 476.01 204.00 Td (significant ) Tj ET Q q 0 0 0 rg BT 520.40 204.00 Td (inputs ) Tj ET Q q 0 0 0 rg BT 547.02 204.00 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 192.00 Td (are ) Tj ET Q q 0 0 0 rg BT 136.71 192.00 Td (not ) Tj ET Q q 0 0 0 rg BT 151.99 192.00 Td (observable ) Tj ET Q q 0 0 0 rg BT 197.80 192.00 Td (in ) Tj ET Q q 0 0 0 rg BT 208.08 192.00 Td (the ) Tj ET Q q 0 0 0 rg BT 222.80 192.00 Td (market, ) Tj ET Q q 0 0 0 rg BT 255.56 192.00 Td (they ) Tj ET Q q 0 0 0 rg BT 275.28 192.00 Td (are ) Tj ET Q q 0 0 0 rg BT 289.98 192.00 Td (categorized ) Tj ET Q q 0 0 0 rg BT 338.56 192.00 Td (as ) Tj ET Q q 0 0 0 rg BT 349.39 192.00 Td (Level ) Tj ET Q q 0 0 0 rg BT 374.66 192.00 Td (3.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 165.00 Td (Other ) Tj ET Q q 0 0 0 rg BT 111.78 165.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 149.76 165.00 Td (instruments ) Tj ET Q q 0 0 0 rg BT 199.44 165.00 Td (not ) Tj ET Q q 0 0 0 rg BT 215.22 165.00 Td (measured ) Tj ET Q q 0 0 0 rg BT 256.55 165.00 Td (at ) Tj ET Q q 0 0 0 rg BT 266.77 165.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 283.66 165.00 Td (value ) Tj ET Q q 0 0 0 rg BT 308.32 165.00 Td (on ) Tj ET Q q 0 0 0 rg BT 321.33 165.00 Td (the ) Tj ET Q q 0 0 0 rg BT 336.55 165.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 384.14 165.00 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 426.58 165.00 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 474.03 165.00 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 529.81 165.00 Td (Balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.00 Td (Sheet ) Tj ET Q q 0 0 0 rg BT 74.39 153.00 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.79 153.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 127.06 153.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.06 153.00 Td ( ) Tj ET Q q 0 0 0 rg BT 149.24 153.00 Td (that ) Tj ET Q q 0 0 0 rg BT 166.41 153.00 Td (require ) Tj ET Q q 0 0 0 rg BT 196.90 153.00 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 239.63 153.00 Td (of ) Tj ET Q q 0 0 0 rg BT 250.13 153.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 266.19 153.00 Td (values ) Tj ET Q q 0 0 0 rg BT 293.91 153.00 Td (include: ) Tj ET Q q 0 0 0 rg BT 328.30 153.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 348.25 153.00 Td (and ) Tj ET Q q 0 0 0 rg BT 364.86 153.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 384.81 153.00 Td (equivalents, ) Tj ET Q q 0 0 0 rg BT 435.02 153.00 Td ( ) Tj ET Q q 0 0 0 rg BT 437.20 153.00 Td (restricted ) Tj ET Q q 0 0 0 rg BT 476.58 153.00 Td (cash, ) Tj ET Q q 0 0 0 rg BT 499.03 153.00 Td (fiduciary ) Tj ET Q q 0 0 0 rg BT 537.30 153.00 Td (funds, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.00 Td (accounts ) Tj ET Q q 0 0 0 rg BT 88.50 141.00 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 135.59 141.00 Td (receivables ) Tj ET Q q 0 0 0 rg BT 184.08 141.00 Td (from ) Tj ET Q q 0 0 0 rg BT 207.03 141.00 Td (service ) Tj ET Q q 0 0 0 rg BT 238.86 141.00 Td (providers, ) Tj ET Q q 0 0 0 rg BT 282.65 141.00 Td (accounts ) Tj ET Q q 0 0 0 rg BT 321.15 141.00 Td (payable ) Tj ET Q q 0 0 0 rg BT 355.75 141.00 Td (and ) Tj ET Q q 0 0 0 rg BT 373.71 141.00 Td (accrued ) Tj ET Q q 0 0 0 rg BT 408.31 141.00 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 450.42 141.00 Td (accrued ) Tj ET Q q 0 0 0 rg BT 485.02 141.00 Td (payroll ) Tj ET Q q 0 0 0 rg BT 516.86 141.00 Td (and ) Tj ET Q q 0 0 0 rg BT 534.81 141.00 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.00 Td (benefits, ) Tj ET Q q 0 0 0 rg BT 86.31 129.00 Td (payables ) Tj ET Q q 0 0 0 rg BT 123.46 129.00 Td (to ) Tj ET Q q 0 0 0 rg BT 133.39 129.00 Td (service ) Tj ET Q q 0 0 0 rg BT 163.87 129.00 Td (agents, ) Tj ET Q q 0 0 0 rg BT 194.07 129.00 Td (finance ) Tj ET Q q 0 0 0 rg BT 225.65 129.00 Td (lease ) Tj ET Q q 0 0 0 rg BT 247.80 129.00 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 296.90 129.00 Td (working ) Tj ET Q q 0 0 0 rg BT 332.39 129.00 Td (capital ) Tj ET Q q 0 0 0 rg BT 361.20 129.00 Td (facilities, ) Tj ET Q q 0 0 0 rg BT 400.28 129.00 Td (the ) Tj ET Q q 0 0 0 rg BT 414.66 129.00 Td (revolving ) Tj ET Q q 0 0 0 rg BT 455.14 129.00 Td (line ) Tj ET Q q 0 0 0 rg BT 472.29 129.00 Td (of ) Tj ET Q q 0 0 0 rg BT 482.78 129.00 Td (credit ) Tj ET Q q 0 0 0 rg BT 507.71 129.00 Td (and ) Tj ET Q q 0 0 0 rg BT 524.30 129.00 Td (term ) Tj ET Q q 0 0 0 rg BT 544.79 129.00 Td (loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.00 Td (debt. ) Tj ET Q q 0 0 0 rg BT 73.66 117.00 Td (The ) Tj ET Q q 0 0 0 rg BT 93.45 117.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 136.58 117.00 Td (believes ) Tj ET Q q 0 0 0 rg BT 173.59 117.00 Td (that ) Tj ET Q q 0 0 0 rg BT 192.83 117.00 Td (the ) Tj ET Q q 0 0 0 rg BT 209.29 117.00 Td (estimated ) Tj ET Q q 0 0 0 rg BT 251.86 117.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 269.98 117.00 Td (value ) Tj ET Q q 0 0 0 rg BT 295.88 117.00 Td (of ) Tj ET Q q 0 0 0 rg BT 308.45 117.00 Td (such ) Tj ET Q q 0 0 0 rg BT 331.03 117.00 Td (instruments ) Tj ET Q q 0 0 0 rg BT 381.94 117.00 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.40 117.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 438.74 117.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.74 117.00 Td ( ) Tj ET Q q 0 0 0 rg BT 462.99 117.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.67 117.00 Td (December31, ) Tj ET Q q 0 0 0 rg BT 542.00 117.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.00 Td (approximates ) Tj ET Q q 0 0 0 rg BT 106.37 105.00 Td (their ) Tj ET Q q 0 0 0 rg BT 127.20 105.00 Td (carrying ) Tj ET Q q 0 0 0 rg BT 163.01 105.00 Td (value ) Tj ET Q q 0 0 0 rg BT 187.17 105.00 Td (as ) Tj ET Q q 0 0 0 rg BT 198.00 105.00 Td (reported ) Tj ET Q q 0 0 0 rg BT 233.81 105.00 Td (on ) Tj ET Q q 0 0 0 rg BT 246.31 105.00 Td (the ) Tj ET Q q 0 0 0 rg BT 261.03 105.00 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 302.96 105.00 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 349.90 105.00 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 405.18 105.00 Td (Balance ) Tj ET Q q 0 0 0 rg BT 439.88 105.00 Td (Sheet.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 75.00 Td (Additional ) Tj ET Q q 0 0 0 rg BT 130.92 75.00 Td (information ) Tj ET Q q 0 0 0 rg BT 180.29 75.00 Td (regarding ) Tj ET Q q 0 0 0 rg BT 220.75 75.00 Td (the ) Tj ET Q q 0 0 0 rg BT 235.12 75.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 281.85 75.00 Td (assets ) Tj ET Q q 0 0 0 rg BT 307.33 75.00 Td (and ) Tj ET Q q 0 0 0 rg BT 323.92 75.00 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 363.29 75.00 Td (that ) Tj ET Q q 0 0 0 rg BT 380.44 75.00 Td (are ) Tj ET Q q 0 0 0 rg BT 394.79 75.00 Td (measured ) Tj ET Q q 0 0 0 rg BT 435.26 75.00 Td (at ) Tj ET Q q 0 0 0 rg BT 444.63 75.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 460.66 75.00 Td (value ) Tj ET Q q 0 0 0 rg BT 484.46 75.00 Td (on ) Tj ET Q q 0 0 0 rg BT 496.61 75.00 Td (a ) Tj ET Q q 0 0 0 rg BT 503.20 75.00 Td (recurring ) Tj ET Q q 0 0 0 rg BT 542.00 75.00 Td (basis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.00 Td (is ) Tj ET Q q 0 0 0 rg BT 59.17 63.00 Td (presented ) Tj ET Q q 0 0 0 rg BT 99.99 63.00 Td (in ) Tj ET Q q 0 0 0 rg BT 110.26 63.00 Td (the ) Tj ET Q q 0 0 0 rg BT 124.98 63.00 Td (following ) Tj ET Q q 0 0 0 rg BT 166.37 63.00 Td (tables:) Tj ET Q endstream endobj 29 0 obj <>] /Rotate 0 /Contents 30 0 R>> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (12) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 78.00 629.50 180.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 629.50 7.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 629.50 67.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 629.50 67.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 629.50 67.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 629.50 67.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.00 529.50 180.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 529.50 7.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 529.50 67.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 529.50 67.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 529.50 67.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 529.50 67.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.00 490.50 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 490.50 7.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 490.50 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 490.50 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 490.50 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 490.50 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.00 450.50 180.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 450.50 7.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 450.50 67.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 450.50 67.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 450.50 67.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 450.50 67.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.00 411.50 455.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 733.5 m 332 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 733.5 m 399 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 733.5 m 466 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 733.5 m 533 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 733.5 m 332 733.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 265 659.5 m 332 659.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 332 659.5 m 399 659.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 399 659.5 m 466 659.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 466 659.5 m 533 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 529.5 m 332 529.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 529.5 m 399 529.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 529.5 m 466 529.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 529.5 m 533 529.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 506.5 m 332 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 504.5 m 332 504.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 506.5 m 399 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 504.5 m 399 504.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 506.5 m 466 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 504.5 m 466 504.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 506.5 m 533 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 504.5 m 533 504.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 450.5 m 399 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 450.5 m 466 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 450.5 m 533 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 450.5 m 332 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 427.5 m 332 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 425.5 m 332 425.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 450.5 m 399 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 427.5 m 399 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 425.5 m 399 425.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 450.5 m 466 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 427.5 m 466 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 425.5 m 466 425.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 450.5 m 533 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 427.5 m 533 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 425.5 m 533 425.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.70 738.18 Td (Fair) Tj ET Q q 0 0 0 rg BT 336.93 738.18 Td ( ) Tj ET Q q 0 0 0 rg BT 339.25 738.18 Td (V) Tj ET Q q 0 0 0 rg BT 345.93 738.18 Td (alues at Reporting Date Using*) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 140.80 664.18 Td (Descriptions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.80 684.18 Td (Balance,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.15 674.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 294.94 674.18 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.00 664.18 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 334.85 724.18 Td (Quoted Prices) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.25 714.18 Td (in ) Tj ET Q q 0 0 0 rg BT 356.81 714.18 Td (Active) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 339.40 704.18 Td (Markets for) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.10 694.18 Td (Identical) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.75 684.18 Td (Assets or) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 674.18 Td (Liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.25 664.18 Td (\(Level 1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.90 704.18 Td (Significant) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.30 694.18 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.55 684.18 Td (Observable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.10 674.18 Td (Inputs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.25 664.18 Td (\(Level 2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.90 694.18 Td (Significant) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 469.55 684.18 Td (Unobservable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.10 674.18 Td (Inputs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.25 664.18 Td (\(Level 3\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.50 649.18 Td (\(In thousands\)) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 80.5 632.61259765625 m 107.1650390625 632.61259765625 l s q 0 0 0 rg BT 80.50 634.18 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 619.17 Td (Commercial bank certificates of deposits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 609.17 Td (\($163 thousand is recorded in the long) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 599.17 Td (term asset section of the Condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 589.17 Td (Consolidated Balance Sheets in "Other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 579.17 Td (Assets"\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.50 579.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 579.17 Td (9,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 579.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 579.17 Td (9,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 579.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 579.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 579.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 579.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 564.17 Td (Mutual funds \(recorded in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 554.17 Td (the long term asset section of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 544.17 Td (Condensed Consolidated Balance Sheets in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 534.17 Td ("Other ) Tj ET Q q 0 0 0 rg BT 109.30 534.17 Td (Assets"\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 534.17 Td (565) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 534.17 Td (565) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 534.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 534.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 80.50 510.18 Td (T) Tj ET Q q 0 0 0 rg BT 86.71 510.18 Td (otal assets measur) Tj ET Q q 0 0 0 rg BT 163.37 510.18 Td (ed at fair) Tj ET Q q 0 0 0 rg BT 202.07 510.18 Td ( value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.50 510.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 510.17 Td (9,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 510.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 510.17 Td (9,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 510.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 510.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 510.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 510.17 Td () Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 80.5 478.61259765625 m 123.283203125 478.61259765625 l s q 0 0 0 rg BT 80.50 480.18 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 465.17 Td (Contingent accrued earn-out) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 455.17 Td (acquisition consideration \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.50 455.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 455.17 Td (9,516) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 455.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 455.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 455.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 455.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 455.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.65 455.17 Td (9,516) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 80.50 431.18 Td (T) Tj ET Q q 0 0 0 rg BT 86.25 431.18 Td (otal liabilities measur) Tj ET Q q 0 0 0 rg BT 177.73 431.18 Td (ed at fair) Tj ET Q q 0 0 0 rg BT 216.43 431.18 Td ( value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.50 431.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 431.17 Td (9,516) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 431.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 431.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 431.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 431.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 431.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.65 431.17 Td (9,516) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 401.17 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 94.01 401.17 Td (The income valuation approach is applied and the valuation inputs include the contingent payment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 391.17 Td (arrangement terms, projected revenues and cash flows, rate of return, and probability assessments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.50 376.17 Td (* During the three months ended March 31, 2020, there were no transfers between fair value Levels 1, 2 or 3.) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 31 0 obj <>] /Rotate 0 /Contents 32 0 R>> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (13) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 69.50 629.50 180.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 629.50 7.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 629.50 71.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 629.50 72.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 629.50 70.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 629.50 72.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 69.50 559.50 180.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 559.50 7.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 559.50 71.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 559.50 72.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 559.50 70.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 559.50 72.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 69.50 520.50 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 520.50 7.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 520.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 520.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 520.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 520.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 69.50 480.50 180.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 480.50 7.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 480.50 71.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 480.50 72.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 480.50 70.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 480.50 72.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 69.50 441.50 472.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 733.5 m 327.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 733.5 m 399.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 733.5 m 469.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 733.5 m 541.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 733.5 m 327.5 733.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 659.5 m 327.5 659.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 659.5 m 399.5 659.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 659.5 m 469.5 659.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 659.5 m 541.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 644.5 m 327.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 644.5 m 399.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 644.5 m 469.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 644.5 m 541.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 559.5 m 327.5 559.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 559.5 m 399.5 559.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 559.5 m 469.5 559.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 559.5 m 541.5 559.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 536.5 m 327.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 534.5 m 327.5 534.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 536.5 m 399.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 534.5 m 399.5 534.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 536.5 m 469.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 534.5 m 469.5 534.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 536.5 m 541.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 534.5 m 541.5 534.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 480.5 m 399.5 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 480.5 m 469.5 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 480.5 m 327.5 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 457.5 m 327.5 457.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 455.5 m 327.5 455.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 480.5 m 399.5 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 457.5 m 399.5 457.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 455.5 m 399.5 455.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 480.5 m 469.5 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 457.5 m 469.5 457.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 455.5 m 469.5 455.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 480.5 m 541.5 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 457.5 m 541.5 457.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 455.5 m 541.5 455.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.70 738.18 Td (Fair) Tj ET Q q 0 0 0 rg BT 336.93 738.18 Td ( ) Tj ET Q q 0 0 0 rg BT 339.25 738.18 Td (V) Tj ET Q q 0 0 0 rg BT 345.93 738.18 Td (alues at Reporting Date Using*) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 132.30 664.18 Td (Descriptions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.30 684.18 Td (Balance,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.40 674.18 Td (December) Tj ET Q q 0 0 0 rg BT 305.62 674.18 Td ( 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.50 664.18 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.85 724.18 Td (Quoted Prices) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.25 714.18 Td (in ) Tj ET Q q 0 0 0 rg BT 354.81 714.18 Td (Active) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.40 704.18 Td (Markets for) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.10 694.18 Td (Identical) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.75 684.18 Td (Assets or) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.60 674.18 Td (Liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.25 664.18 Td (\(Level 1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.90 704.18 Td (Significant) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.30 694.18 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.55 684.18 Td (Observable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.10 674.18 Td (Inputs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.25 664.18 Td (\(Level 2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.90 694.18 Td (Significant) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.55 684.18 Td (Unobservable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.10 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/F1 10.00 Tf ET q 0 0 0 rg BT 402.00 579.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.65 579.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.00 579.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.65 579.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 564.17 Td (Mutual funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 564.17 Td (1,058) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 564.17 Td (1,058) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.65 564.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.65 564.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 540.18 Td (T) Tj ET Q q 0 0 0 rg BT 78.21 540.18 Td (otal assets measur) Tj ET Q q 0 0 0 rg BT 154.87 540.18 Td (ed at fair) Tj ET Q q 0 0 0 rg BT 193.57 540.18 Td ( value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.00 540.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 540.17 Td (5,551) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.00 540.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 540.17 Td (5,551) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.00 540.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.65 540.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.00 540.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.65 540.17 Td () Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 72 508.61259765625 m 114.783203125 508.61259765625 l s q 0 0 0 rg BT 72.00 510.18 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 495.17 Td (Contingent accrued earn-out) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 485.17 Td (acquisition consideration \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.00 485.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 485.17 Td (10,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.00 485.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 485.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.00 485.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.65 485.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.00 485.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 485.17 Td (10,095) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 461.18 Td (T) Tj ET Q q 0 0 0 rg BT 77.75 461.18 Td (otal liabilities measur) Tj ET Q q 0 0 0 rg BT 169.23 461.18 Td (ed at fair) Tj ET Q q 0 0 0 rg BT 207.93 461.18 Td ( value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.00 461.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 461.17 Td (10,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.00 461.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 461.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.00 461.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.65 461.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.00 461.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 461.17 Td (10,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 431.17 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 85.89 431.17 Td (The ) Tj ET Q q 0 0 0 rg BT 104.25 431.17 Td (income ) Tj ET Q q 0 0 0 rg BT 136.59 431.17 Td (valuation ) Tj ET Q q 0 0 0 rg BT 176.71 431.17 Td (approach ) Tj ET Q q 0 0 0 rg BT 216.26 431.17 Td (is ) Tj ET Q q 0 0 0 rg BT 225.84 431.17 Td (applied ) Tj ET Q q 0 0 0 rg BT 258.18 431.17 Td (and ) Tj ET Q q 0 0 0 rg BT 275.52 431.17 Td (the ) Tj ET Q q 0 0 0 rg BT 290.65 431.17 Td (valuation ) Tj ET Q q 0 0 0 rg BT 330.76 431.17 Td (inputs ) Tj ET Q q 0 0 0 rg BT 358.12 431.17 Td (include ) Tj ET Q q 0 0 0 rg BT 390.46 431.17 Td (the ) Tj ET Q q 0 0 0 rg BT 405.58 431.17 Td (contingent ) Tj ET Q q 0 0 0 rg BT 450.70 431.17 Td (payment ) Tj ET Q q 0 0 0 rg BT 488.04 431.17 Td (arrangement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 421.17 Td (terms, ) Tj ET Q q 0 0 0 rg BT 99.22 421.17 Td (projected ) Tj ET Q q 0 0 0 rg BT 138.92 421.17 Td (revenues ) Tj ET Q q 0 0 0 rg BT 176.96 421.17 Td (and ) Tj ET Q q 0 0 0 rg BT 193.89 421.17 Td (cash ) Tj ET Q q 0 0 0 rg BT 214.16 421.17 Td (flows, ) Tj ET Q q 0 0 0 rg BT 241.38 421.17 Td (rate ) Tj ET Q q 0 0 0 rg BT 258.87 421.17 Td (of ) Tj ET Q q 0 0 0 rg BT 269.70 421.17 Td (return, ) Tj ET Q q 0 0 0 rg BT 298.58 421.17 Td (and ) Tj ET Q q 0 0 0 rg BT 315.52 421.17 Td (probability ) Tj ET Q q 0 0 0 rg BT 361.90 421.17 Td (assessments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 406.17 Td (* ) Tj ET Q q 0 0 0 rg BT 79.50 406.17 Td (During ) Tj ET Q q 0 0 0 rg BT 110.33 406.17 Td (the ) Tj ET Q q 0 0 0 rg BT 125.05 406.17 Td (year ) Tj ET Q q 0 0 0 rg BT 144.75 406.17 Td (ended ) Tj ET Q q 0 0 0 rg BT 171.13 406.17 Td (December ) Tj ET Q q 0 0 0 rg BT 214.71 406.17 Td (31, ) Tj ET Q q 0 0 0 rg BT 229.71 406.17 Td (2019, ) Tj ET Q q 0 0 0 rg BT 254.71 406.17 Td (there ) Tj ET Q q 0 0 0 rg BT 277.20 406.17 Td (were ) Tj ET Q q 0 0 0 rg BT 299.13 406.17 Td (no ) Tj ET Q q 0 0 0 rg BT 311.63 406.17 Td (transfers ) Tj ET Q q 0 0 0 rg BT 348.56 406.17 Td (between ) Tj ET Q q 0 0 0 rg BT 384.37 406.17 Td (fair ) Tj ET Q q 0 0 0 rg BT 400.75 406.17 Td (value ) Tj ET Q q 0 0 0 rg BT 424.91 406.17 Td (Levels ) Tj ET Q q 0 0 0 rg BT 454.06 406.17 Td (1, ) Tj ET Q q 0 0 0 rg BT 464.06 406.17 Td (2 ) Tj ET Q q 0 0 0 rg BT 471.56 406.17 Td (or ) Tj ET Q q 0 0 0 rg BT 482.39 406.17 Td (3.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 387.00 Td (For ) Tj ET Q q 0 0 0 rg BT 102.04 387.00 Td (the ) Tj ET Q q 0 0 0 rg BT 116.41 387.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 163.14 387.00 Td (assets ) Tj ET Q q 0 0 0 rg BT 188.62 387.00 Td (and ) Tj ET Q q 0 0 0 rg BT 205.21 387.00 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 244.57 387.00 Td (measured ) Tj ET Q q 0 0 0 rg BT 285.04 387.00 Td (at ) Tj ET Q q 0 0 0 rg BT 294.41 387.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 310.43 387.00 Td (value ) Tj ET Q q 0 0 0 rg BT 334.24 387.00 Td (on ) Tj ET Q q 0 0 0 rg BT 346.39 387.00 Td (a ) Tj ET Q q 0 0 0 rg BT 352.98 387.00 Td (recurring ) Tj ET Q q 0 0 0 rg BT 391.77 387.00 Td (basis ) Tj ET Q q 0 0 0 rg BT 413.92 387.00 Td (using ) Tj ET Q q 0 0 0 rg BT 437.74 387.00 Td (significant ) Tj ET Q q 0 0 0 rg BT 482.10 387.00 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 537.57 387.00 Td (inputs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.00 Td (\(Level ) Tj ET Q q 0 0 0 rg BT 78.40 375.00 Td (3\), ) Tj ET Q q 0 0 0 rg BT 91.54 375.00 Td (the ) Tj ET Q q 0 0 0 rg BT 106.07 375.00 Td (following ) Tj ET Q q 0 0 0 rg BT 147.26 375.00 Td (table ) Tj ET Q q 0 0 0 rg BT 169.00 375.00 Td (provides ) Tj ET Q q 0 0 0 rg BT 205.75 375.00 Td (a ) Tj ET Q q 0 0 0 rg BT 212.50 375.00 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 269.78 375.00 Td (of ) Tj ET Q q 0 0 0 rg BT 280.42 375.00 Td (the ) Tj ET Q q 0 0 0 rg BT 294.95 375.00 Td (beginning ) Tj ET Q q 0 0 0 rg BT 337.25 375.00 Td (and ) Tj ET Q q 0 0 0 rg BT 354.00 375.00 Td (ending ) Tj ET Q q 0 0 0 rg BT 383.52 375.00 Td (balances ) Tj ET Q q 0 0 0 rg BT 420.25 375.00 Td (for ) Tj ET Q q 0 0 0 rg BT 434.22 375.00 Td (each ) Tj ET Q q 0 0 0 rg BT 454.85 375.00 Td (category ) Tj ET Q q 0 0 0 rg BT 491.58 375.00 Td (therein, ) Tj ET Q q 0 0 0 rg BT 524.15 375.00 Td (and ) Tj ET Q q 0 0 0 rg BT 540.90 375.00 Td (gains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.00 Td (or ) Tj ET Q q 0 0 0 rg BT 60.83 363.00 Td (losses ) Tj ET Q q 0 0 0 rg BT 87.22 363.00 Td (recognized ) Tj ET Q q 0 0 0 rg BT 133.58 363.00 Td (during ) Tj ET Q q 0 0 0 rg BT 162.19 363.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.91 363.00 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.89 363.00 Td ( ) Tj ET Q q 0 0 0 rg BT 199.39 363.00 Td (months ) Tj ET Q q 0 0 0 rg BT 231.34 363.00 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.72 363.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 301.32 363.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.32 363.00 Td ( ) Tj ET Q q 0 0 0 rg BT 323.82 363.00 Td (and ) Tj ET Q q 0 0 0 rg BT 340.76 363.00 Td (during ) Tj ET Q q 0 0 0 rg BT 369.37 363.00 Td (the ) Tj ET Q q 0 0 0 rg BT 384.08 363.00 Td (year ) Tj ET Q q 0 0 0 rg BT 403.79 363.00 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.17 363.00 Td (December31, ) Tj ET Q q 0 0 0 rg BT 488.75 363.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.75 363.00 Td (:) Tj ET Q endstream endobj 33 0 obj <>] /Rotate 0 /Contents 34 0 R>> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (14) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 686.50 220.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 686.50 25.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 686.50 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 686.50 12.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 686.50 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 656.50 220.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 656.50 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re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 566.50 220.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 566.50 25.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 566.50 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 566.50 12.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 566.50 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 536.50 220.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 536.50 25.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 536.50 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 536.50 12.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 536.50 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 466.50 220.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 466.50 25.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 466.50 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 466.50 12.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 466.50 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 436.50 442.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 84.5 734.5 m 304.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 734.5 m 329.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 734.5 m 416.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 734.5 m 428.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 734.5 m 526.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 734.5 m 416.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 710.5 m 416.5 710.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 734.5 m 526.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 710.5 m 526.5 710.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 710.5 m 416.5 710.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 695.5 m 416.5 695.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 695.5 m 428.5 695.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 710.5 m 526.5 710.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 695.5 m 526.5 695.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 551.5 m 416.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 537.5 m 416.5 537.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 535.5 m 416.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 551.5 m 526.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 537.5 m 526.5 537.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 535.5 m 526.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 467.5 m 416.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 465.5 m 416.5 465.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 467.5 m 526.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 465.5 m 526.5 465.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 146.55 739.18 Td (Fair) Tj ET Q q 0 0 0 rg BT 164.78 739.18 Td ( ) Tj ET Q q 0 0 0 rg BT 167.10 739.18 Td (V) Tj ET Q q 0 0 0 rg BT 173.78 739.18 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 226.27 739.18 Td (ements Using Significant Unobservable Inputs \(Level 3\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.25 725.18 Td (Contingent Liability for) Tj ET Q q 0 0 0 rg BT 205.39 725.18 Td ( ) Tj ET Q q 0 0 0 rg BT 207.52 725.18 Td (Accrued Earn-out) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 138.00 715.18 Td (Acquisition Consideration) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 339.40 715.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 358.19 715.18 Td (ch 31, 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.65 715.18 Td (December) Tj ET Q q 0 0 0 rg BT 479.87 715.18 Td ( 31, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.50 700.18 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 676.17 Td (Beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 676.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 676.17 Td (10,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 676.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 676.17 Td (24,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 646.17 Td (T) Tj ET Q q 0 0 0 rg BT 92.76 646.17 Td (otal remeasurement adjustments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 631.17 Td ( Gains included in earnings **) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 631.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 631.22 Td (\(16,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 631.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 616.17 Td ( Foreign currency translation adjustments ***) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.30 616.22 Td (\(579) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 616.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.30 616.22 Td (\(260) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 616.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 586.17 Td (Acquisitions and settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 571.17 Td ( Business acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 571.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 571.17 Td (1,922) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 541.17 Td (Ending balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 541.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 541.17 Td (9,516) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 541.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 541.17 Td (10,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 501.17 Td (The amount of total \(gains\) losses for the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 491.17 Td (included in earnings or changes to net assets,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 481.17 Td (attributable to changes in unrealized gains relating to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 471.17 Td (assets or liabilities still held at period-end.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 471.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 471.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 471.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 471.22 Td (\(16,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 471.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 441.17 Td (** recorded as a reduction to general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 426.17 Td (*** recorded as a component of other comprehensive income within stockholders' equity) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 398.00 Td (Quantitative Information about Level 3 Fair V) Tj ET Q q 0 0 0 rg BT 234.98 398.00 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 284.88 398.00 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.60 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 381.60 Td (The significant unobservable inputs used in the fair value measurement of the Company's contingent consideration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.60 Td (liabilities designated as Level 3 are as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 307.10 176.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 307.10 5.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 307.10 67.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 307.10 6.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 307.10 105.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 307.10 6.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 307.10 113.00 -39.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 247.5 307.1 m 314.5 307.1 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 320.5 307.1 m 425.5 307.1 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 431.5 307.1 m 544.5 307.1 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 349.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 349.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.00 349.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.00 349.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.00 349.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 349.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.00 349.67 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.00 311.78 Td (\(Inthousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 311.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.80 335.78 Td (Fair) Tj ET Q q 0 0 0 rg BT 270.94 335.78 Td () Tj ET Q q 0 0 0 rg BT 273.26 335.78 Td (V) Tj ET Q q 0 0 0 rg BT 279.57 335.78 Td (alueat) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.65 323.78 Td (Mar) Tj ET Q q 0 0 0 rg BT 277.35 323.78 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.50 311.78 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.00 311.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 321.78 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.60 311.78 Td (V) Tj ET Q q 0 0 0 rg BT 334.90 311.78 Td (aluation) Tj ET Q q 0 0 0 rg BT 372.23 311.78 Td (T) Tj ET Q q 0 0 0 rg BT 377.98 311.78 Td (echnique) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 311.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.40 335.78 Td (Significant ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.05 323.78 Td (Unobservable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.50 311.78 Td (Input) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 284.77 Td (Contingentacquisition consideration:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 272.77 Td (\(Wdev) Tj ET Q q 0 0 0 rg BT 95.56 272.77 Td (, Miles, and Zillious acquisition\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 272.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.75 272.77 Td ($9,516) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.15 272.77 Td (Discountedcashflow) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 292.77 Td (Projected revenue and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.10 282.77 Td (probability of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.20 272.77 Td (achievement) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 67.50 191.85 176.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 191.85 5.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 191.85 67.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 191.85 6.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 191.85 105.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 191.85 6.00 -39.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 191.85 113.00 -39.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 248.5 191.85000000000002 m 315.5 191.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 321.5 191.85000000000002 m 426.5 191.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 432.5 191.85000000000002 m 545.5 191.85000000000002 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 234.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.00 234.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 234.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 234.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 234.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 234.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.00 234.42 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 124.00 196.53 Td (\(Inthousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.00 196.52 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 253.80 220.53 Td (Fair) Tj ET Q q 0 0 0 rg BT 271.94 220.53 Td () Tj ET Q q 0 0 0 rg BT 274.26 220.53 Td (V) Tj ET Q q 0 0 0 rg BT 280.57 220.53 Td (alueat) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.40 208.53 Td (December) Tj ET Q q 0 0 0 rg BT 295.52 208.53 Td ( 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 271.50 196.53 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 196.52 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.50 206.53 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.60 196.53 Td (V) Tj ET Q q 0 0 0 rg BT 335.90 196.53 Td (aluation) Tj ET Q q 0 0 0 rg BT 373.23 196.53 Td (T) Tj ET Q q 0 0 0 rg BT 378.98 196.53 Td (echnique) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 196.52 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.40 220.53 Td (Significant ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.05 208.53 Td (Unobservable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.50 196.53 Td (Input) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 181.52 Td (Contingentacquisition consideration:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 169.52 Td (\(Wdev) Tj ET Q q 0 0 0 rg BT 96.56 169.52 Td (, Miles, Zillious, and Essel) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 157.52 Td ( acquisition\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.00 157.52 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.25 157.52 Td ($10,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.15 157.52 Td (Discountedcashflow) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 177.52 Td (Projected revenue and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.10 167.52 Td (probability of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.20 157.52 Td (achievement) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 52.00 127.00 Td (Sensitivity to Changes in Significant Unobservable Inputs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 110.60 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 110.60 Td (As ) Tj ET Q q 0 0 0 rg BT 100.11 110.60 Td (presented ) Tj ET Q q 0 0 0 rg BT 141.41 110.60 Td (in ) Tj ET Q q 0 0 0 rg BT 152.18 110.60 Td (the ) Tj ET Q q 0 0 0 rg BT 167.39 110.60 Td (table ) Tj ET Q q 0 0 0 rg BT 189.82 110.60 Td (above, ) Tj ET Q q 0 0 0 rg BT 219.19 110.60 Td (the ) Tj ET Q q 0 0 0 rg BT 234.40 110.60 Td (significant ) Tj ET Q q 0 0 0 rg BT 279.60 110.60 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 335.91 110.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 363.35 110.60 Td (used ) Tj ET Q q 0 0 0 rg BT 384.67 110.60 Td (in ) Tj ET Q q 0 0 0 rg BT 395.44 110.60 Td (the ) Tj ET Q q 0 0 0 rg BT 410.65 110.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 427.52 110.60 Td (value ) Tj ET Q q 0 0 0 rg BT 452.17 110.60 Td (measurement ) Tj ET Q q 0 0 0 rg BT 508.47 110.60 Td (of ) Tj ET Q q 0 0 0 rg BT 519.79 110.60 Td (contingent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 98.60 Td (consideration ) Tj ET Q q 0 0 0 rg BT 105.68 98.60 Td (related ) Tj ET Q q 0 0 0 rg BT 134.70 98.60 Td (to ) Tj ET Q q 0 0 0 rg BT 144.29 98.60 Td (business ) Tj ET Q q 0 0 0 rg BT 179.99 98.60 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 229.58 98.60 Td (are ) Tj ET Q q 0 0 0 rg BT 243.59 98.60 Td (projected ) Tj ET Q q 0 0 0 rg BT 282.61 98.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 316.06 98.60 Td (forecasts, ) Tj ET Q q 0 0 0 rg BT 355.91 98.60 Td (as ) Tj ET Q q 0 0 0 rg BT 366.05 98.60 Td (developed ) Tj ET Q q 0 0 0 rg BT 408.96 98.60 Td (by ) Tj ET Q q 0 0 0 rg BT 420.77 98.60 Td (the ) Tj ET Q q 0 0 0 rg BT 434.80 98.60 Td (relevant ) Tj ET Q q 0 0 0 rg BT 468.81 98.60 Td (members ) Tj ET Q q 0 0 0 rg BT 507.28 98.60 Td (of ) Tj ET Q q 0 0 0 rg BT 517.42 98.60 Td (Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 86.60 Td (management ) Tj ET Q q 0 0 0 rg BT 102.43 86.60 Td (team ) Tj ET Q q 0 0 0 rg BT 123.21 86.60 Td (and ) Tj ET Q q 0 0 0 rg BT 139.00 86.60 Td (the ) Tj ET Q q 0 0 0 rg BT 152.56 86.60 Td (probability ) Tj ET Q q 0 0 0 rg BT 197.79 86.60 Td (of ) Tj ET Q q 0 0 0 rg BT 207.46 86.60 Td (achievement ) Tj ET Q q 0 0 0 rg BT 259.33 86.60 Td (of ) Tj ET Q q 0 0 0 rg BT 269.01 86.60 Td (those ) Tj ET Q q 0 0 0 rg BT 291.46 86.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 324.45 86.60 Td (forecasts. ) Tj ET Q q 0 0 0 rg BT 363.74 86.60 Td (The ) Tj ET Q q 0 0 0 rg BT 380.63 86.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 420.86 86.60 Td (applies ) Tj ET Q q 0 0 0 rg BT 450.53 86.60 Td (these ) Tj ET Q q 0 0 0 rg BT 472.42 86.60 Td (inputs ) Tj ET Q q 0 0 0 rg BT 498.22 86.60 Td (in ) Tj ET Q q 0 0 0 rg BT 507.34 86.60 Td (its ) Tj ET Q q 0 0 0 rg BT 518.14 86.60 Td (calculation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 74.60 Td (and ) Tj ET Q q 0 0 0 rg BT 66.86 74.60 Td (determination ) Tj ET Q q 0 0 0 rg BT 124.81 74.60 Td (of ) Tj ET Q q 0 0 0 rg BT 135.56 74.60 Td (the ) Tj ET Q q 0 0 0 rg BT 150.20 74.60 Td (fair ) Tj ET Q q 0 0 0 rg BT 166.49 74.60 Td (value ) Tj ET Q q 0 0 0 rg BT 190.57 74.60 Td (of ) Tj ET Q q 0 0 0 rg BT 201.31 74.60 Td (contingent ) Tj ET Q q 0 0 0 rg BT 245.94 74.60 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 281.68 74.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 321.31 74.60 Td (for ) Tj ET Q q 0 0 0 rg BT 335.39 74.60 Td (purchased ) Tj ET Q q 0 0 0 rg BT 378.35 74.60 Td (businesses. ) Tj ET Q q 0 0 0 rg BT 425.49 74.60 Td (During ) Tj ET Q q 0 0 0 rg BT 456.24 74.60 Td (2019 ) Tj ET Q q 0 0 0 rg BT 478.65 74.60 Td (and ) Tj ET Q q 0 0 0 rg BT 495.51 74.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 74.60 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.13 74.60 Td ( ) Tj ET Q q 0 0 0 rg BT 532.55 74.60 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 62.60 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.56 62.60 Td (March31, ) Tj ET Q q 0 0 0 rg BT 120.33 62.60 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.33 62.60 Td (, ) Tj ET Q q 0 0 0 rg BT 145.51 62.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 175.40 62.60 Td (of ) Tj ET Q q 0 0 0 rg BT 186.41 62.60 Td (the ) Tj ET Q q 0 0 0 rg BT 201.30 62.60 Td (Company's ) Tj ET Q q 0 0 0 rg BT 248.56 62.60 Td (contingent ) Tj ET Q q 0 0 0 rg BT 293.45 62.60 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 329.45 62.60 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 369.35 62.60 Td (were ) Tj ET Q q 0 0 0 rg BT 391.45 62.60 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 427.46 62.60 Td (because ) Tj ET Q q 0 0 0 rg BT 461.78 62.60 Td (of ) Tj ET Q q 0 0 0 rg BT 472.79 62.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 507.68 62.60 Td (to ) Tj ET Q q 0 0 0 rg BT 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0 rg BT 311.87 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 324.20 742.10 Td (finalizing ) Tj ET Q q 0 0 0 rg BT 366.52 742.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 406.05 742.10 Td (price ) Tj ET Q q 0 0 0 rg BT 430.04 742.10 Td (allocations ) Tj ET Q q 0 0 0 rg BT 477.36 742.10 Td (that ) Tj ET Q q 0 0 0 rg BT 496.36 742.10 Td (were ) Tj ET Q q 0 0 0 rg BT 519.79 742.10 Td (previously ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (preliminary) Tj ET Q q 0 0 0 rg BT 96.00 730.10 Td (.) 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) Tj ET Q q 0 0 0 rg BT 463.77 588.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 576.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 576.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 188.04 576.10 Td (of ) Tj ET Q q 0 0 0 rg BT 198.87 576.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 233.02 576.10 Td (when, ) Tj ET Q q 0 0 0 rg BT 259.68 576.10 Td (or ) Tj ET Q q 0 0 0 rg BT 270.51 576.10 Td (as, ) Tj ET Q q 0 0 0 rg BT 283.84 576.10 Td (we ) Tj ET Q q 0 0 0 rg BT 298.00 576.10 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 326.61 576.10 Td (a ) Tj ET Q q 0 0 0 rg BT 333.54 576.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 386.57 576.10 Td (obligation. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 554.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.06 554.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.47 554.10 Td (analyzes ) Tj ET Q q 0 0 0 rg BT 182.41 554.10 Td (its ) Tj ET Q q 0 0 0 rg BT 194.37 554.10 Td (dif) Tj ET Q q 0 0 0 rg BT 205.30 554.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 231.13 554.10 Td (services ) Tj ET Q q 0 0 0 rg BT 265.85 554.10 Td (individually ) Tj ET Q q 0 0 0 rg BT 316.70 554.10 Td (to ) Tj ET Q q 0 0 0 rg BT 326.99 554.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 369.49 554.10 Td (the ) Tj ET Q q 0 0 0 rg BT 384.22 554.10 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 432.27 554.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 454.79 554.10 Td (for ) Tj ET Q q 0 0 0 rg BT 468.96 554.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 503.13 554.10 Td (recognition, ) Tj ET Q q 0 0 0 rg BT 553.68 554.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.10 Td (further ) Tj ET Q q 0 0 0 rg BT 80.02 542.10 Td (described ) Tj ET Q q 0 0 0 rg BT 121.15 542.10 Td (below) Tj ET Q q 0 0 0 rg BT 144.93 542.10 Td (. ) Tj ET Q q 0 0 0 rg BT 149.63 542.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 199.53 542.10 Td (, ) Tj ET Q q 0 0 0 rg BT 204.84 542.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 234.85 542.10 Td (services ) Tj ET Q q 0 0 0 rg BT 269.87 542.10 Td (exist ) Tj ET Q q 0 0 0 rg BT 291.57 542.10 Td (in ) Tj ET Q q 0 0 0 rg BT 302.16 542.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 338.30 542.10 Td (channels. ) Tj ET Q q 0 0 0 rg BT 377.98 542.10 Td (As ) Tj ET Q q 0 0 0 rg BT 391.90 542.10 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 413.60 542.10 Td (derives ) Tj ET Q q 0 0 0 rg BT 445.29 542.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 483.64 542.10 Td (from ) Tj ET Q q 0 0 0 rg BT 505.89 542.10 Td (three ) Tj ET Q q 0 0 0 rg BT 528.68 542.10 Td (product/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td (service ) Tj ET Q q 0 0 0 rg BT 81.41 530.10 Td (channels, ) Tj ET Q q 0 0 0 rg BT 121.98 530.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 163.96 530.10 Td (Exchanges, ) Tj ET Q q 0 0 0 rg BT 212.87 530.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 254.82 530.10 Td (Exchanges, ) Tj ET Q q 0 0 0 rg BT 303.73 530.10 Td (and ) Tj ET Q q 0 0 0 rg BT 321.26 530.10 Td (Risk ) Tj ET Q q 0 0 0 rg BT 342.69 530.10 Td (Compliance ) Tj ET Q q 0 0 0 rg BT 394.10 530.10 Td (Solutions, ) Tj ET Q q 0 0 0 rg BT 437.48 530.10 Td (for ) Tj ET Q q 0 0 0 rg BT 452.23 530.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 480.32 530.10 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 523.96 530.10 Td (purposes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 88.59 518.10 Td (are ) Tj ET Q q 0 0 0 rg BT 103.30 518.10 Td (discussed ) Tj ET Q q 0 0 0 rg BT 144.13 518.10 Td (in ) Tj ET Q q 0 0 0 rg BT 154.41 518.10 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 204.12 518.10 Td (with ) Tj ET Q q 0 0 0 rg BT 224.40 518.10 Td (the ) Tj ET Q q 0 0 0 rg BT 239.12 518.10 Td (channel ) Tj ET Q q 0 0 0 rg BT 272.71 518.10 Td (to ) Tj ET Q q 0 0 0 rg BT 282.99 518.10 Td (which ) Tj ET Q q 0 0 0 rg BT 309.93 518.10 Td (they ) Tj ET Q q 0 0 0 rg BT 329.64 518.10 Td (are ) Tj ET Q q 0 0 0 rg BT 344.35 518.10 Td (most ) Tj ET Q q 0 0 0 rg BT 366.30 518.10 Td (significant.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 496.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.79 496.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 144.92 496.10 Td (assesses ) Tj ET Q q 0 0 0 rg BT 179.93 496.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.39 496.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 218.85 496.10 Td (of ) Tj ET Q q 0 0 0 rg BT 229.42 496.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 268.31 496.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 309.15 496.10 Td (including ) Tj ET Q q 0 0 0 rg BT 349.16 496.10 Td (termination ) Tj ET Q q 0 0 0 rg BT 397.50 496.10 Td (rights, ) Tj ET Q q 0 0 0 rg BT 425.02 496.10 Td (penalties ) Tj ET Q q 0 0 0 rg BT 462.81 496.10 Td (\(implied ) Tj ET Q q 0 0 0 rg BT 498.93 496.10 Td (or ) Tj ET Q q 0 0 0 rg BT 509.50 496.10 Td (explicit\), ) Tj ET Q q 0 0 0 rg BT 547.56 496.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.10 Td (renewal ) Tj ET Q q 0 0 0 rg BT 84.15 484.10 Td (rights.) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 460.53505859375 m 201.6943359375 460.53505859375 l s q 0 0 0 rg BT 50.00 462.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 94.18 462.10 Td (Exchanges ) Tj ET Q q 0 0 0 rg BT 142.25 462.10 Td (\("EbixCash"\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 428.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 428.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 126.18 428.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 163.01 428.10 Td (are ) Tj ET Q q 0 0 0 rg BT 176.52 428.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 215.02 428.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 246.31 428.10 Td (from ) Tj ET Q q 0 0 0 rg BT 267.04 428.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 322.21 428.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 340.72 428.10 Td (by ) Tj ET Q q 0 0 0 rg BT 352.01 428.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 393.86 428.10 Td (for ) Tj ET Q q 0 0 0 rg BT 406.81 428.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 443.09 428.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 488.26 428.10 Td (\(foreign ) Tj ET Q q 0 0 0 rg BT 521.76 428.10 Td (exchange, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 416.10 Td (remittance, ) Tj ET Q q 0 0 0 rg BT 97.06 416.10 Td (other ) Tj ET Q q 0 0 0 rg BT 119.96 416.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 156.76 416.10 Td (solutions\) ) Tj ET Q q 0 0 0 rg BT 198.57 416.10 Td (and ) Tj ET Q q 0 0 0 rg BT 215.36 416.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 240.49 416.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 286.72 416.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 323.62 416.10 Td (The ) Tj ET Q q 0 0 0 rg BT 341.52 416.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 386.09 416.10 Td (majority ) Tj ET Q q 0 0 0 rg BT 422.34 416.10 Td (of ) Tj ET Q q 0 0 0 rg BT 433.03 416.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 474.27 416.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 508.28 416.10 Td (is ) Tj ET Q q 0 0 0 rg BT 517.31 416.10 Td (for ) Tj ET Q q 0 0 0 rg BT 531.33 416.10 Td (a ) Tj ET Q q 0 0 0 rg BT 538.13 416.10 Td (single ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 103.46 404.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 146.94 404.10 Td (and ) Tj ET Q q 0 0 0 rg BT 164.31 404.10 Td (is ) Tj ET Q q 0 0 0 rg BT 173.92 404.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 220.71 404.10 Td (at ) Tj ET Q q 0 0 0 rg BT 230.86 404.10 Td (a ) Tj ET Q q 0 0 0 rg BT 238.24 404.10 Td (point ) Tj ET Q q 0 0 0 rg BT 261.73 404.10 Td (in ) Tj ET Q q 0 0 0 rg BT 272.44 404.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 295.43 404.10 Td (These ) Tj ET Q q 0 0 0 rg BT 322.24 404.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 360.71 404.10 Td (vary ) Tj ET Q q 0 0 0 rg BT 381.42 404.10 Td (by ) Tj ET Q q 0 0 0 rg BT 394.35 404.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 441.15 404.10 Td (based ) Tj ET Q q 0 0 0 rg BT 466.86 404.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 489.79 404.10 Td (channel, ) Tj ET Q q 0 0 0 rg BT 526.32 404.10 Td (send ) Tj ET Q q 0 0 0 rg BT 547.58 404.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 392.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 80.95 392.10 Td (locations, ) Tj ET Q q 0 0 0 rg BT 121.64 392.10 Td (the ) Tj ET Q q 0 0 0 rg BT 135.94 392.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 173.56 392.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 205.64 392.10 Td (sent, ) Tj ET Q q 0 0 0 rg BT 226.34 392.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 260.63 392.10 Td (the ) Tj ET Q q 0 0 0 rg BT 274.93 392.10 Td (money ) Tj ET Q q 0 0 0 rg BT 304.23 392.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 336.86 392.10 Td (involves ) Tj ET Q q 0 0 0 rg BT 372.83 392.10 Td (dif) Tj ET Q q 0 0 0 rg BT 383.75 392.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 409.16 392.10 Td (send ) Tj ET Q q 0 0 0 rg BT 429.57 392.10 Td (and ) Tj ET Q q 0 0 0 rg BT 446.09 392.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 477.04 392.10 Td (currencies, ) Tj ET Q q 0 0 0 rg BT 522.71 392.10 Td (and ) Tj ET Q q 0 0 0 rg BT 539.23 392.10 Td (speed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 380.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 380.10 Td (service, ) Tj ET Q q 0 0 0 rg BT 94.15 380.10 Td (as ) Tj ET Q q 0 0 0 rg BT 104.98 380.10 Td (applicable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 356.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 356.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 128.38 356.10 Td (also ) Tj ET Q q 0 0 0 rg BT 147.99 356.10 Td (of) Tj ET Q q 0 0 0 rg BT 156.14 356.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 174.62 356.10 Td (several ) Tj ET Q q 0 0 0 rg BT 206.43 356.10 Td (other ) Tj ET Q q 0 0 0 rg BT 230.48 356.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 268.68 356.10 Td (including ) Tj ET Q q 0 0 0 rg BT 309.95 356.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 347.88 356.10 Td (services ) Tj ET Q q 0 0 0 rg BT 383.58 356.10 Td (and ) Tj ET Q q 0 0 0 rg BT 401.52 356.10 Td (ticketing ) Tj ET Q q 0 0 0 rg BT 440.00 356.10 Td (and ) Tj ET Q q 0 0 0 rg BT 457.94 356.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 484.20 356.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 522.40 356.10 Td (for ) Tj ET Q q 0 0 0 rg BT 537.56 356.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 344.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 84.17 344.10 Td (is ) Tj ET Q q 0 0 0 rg BT 93.36 344.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 132.54 344.10 Td (by ) Tj ET Q q 0 0 0 rg BT 145.06 344.10 Td (various ) Tj ET Q q 0 0 0 rg BT 177.03 344.10 Td (factors. ) Tj ET Q q 0 0 0 rg BT 209.26 344.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 250.67 344.10 Td (acts ) Tj ET Q q 0 0 0 rg BT 268.74 344.10 Td (as ) Tj ET Q q 0 0 0 rg BT 279.59 344.10 Td (the ) Tj ET Q q 0 0 0 rg BT 294.34 344.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 332.40 344.10 Td (in ) Tj ET Q q 0 0 0 rg BT 342.71 344.10 Td (most ) Tj ET Q q 0 0 0 rg BT 364.68 344.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 414.97 344.10 Td (and ) Tj ET Q q 0 0 0 rg BT 431.93 344.10 Td (reports ) Tj ET Q q 0 0 0 rg BT 462.22 344.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 496.39 344.10 Td (on ) Tj ET Q q 0 0 0 rg BT 508.92 344.10 Td (a ) Tj ET Q q 0 0 0 rg BT 515.88 344.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 539.52 344.10 Td (basis, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.10 Td (as ) Tj ET Q q 0 0 0 rg BT 60.89 332.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 102.33 332.10 Td (controls ) Tj ET Q q 0 0 0 rg BT 137.11 332.10 Td (the ) Tj ET Q q 0 0 0 rg BT 151.88 332.10 Td (service ) Tj ET Q q 0 0 0 rg BT 182.75 332.10 Td (at ) Tj ET Q q 0 0 0 rg BT 192.53 332.10 Td (all ) Tj ET Q q 0 0 0 rg BT 205.08 332.10 Td (times ) Tj ET Q q 0 0 0 rg BT 229.30 332.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 251.30 332.10 Td (to ) Tj ET Q q 0 0 0 rg BT 261.64 332.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 294.73 332.10 Td (to ) Tj ET Q q 0 0 0 rg BT 305.07 332.10 Td (the ) Tj ET Q q 0 0 0 rg BT 319.84 332.10 Td (customer) Tj ET Q q 0 0 0 rg BT 356.10 332.10 Td (, ) Tj ET Q q 0 0 0 rg BT 361.15 332.10 Td (is ) Tj ET Q q 0 0 0 rg BT 370.38 332.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 410.15 332.10 Td (responsible ) Tj ET Q q 0 0 0 rg BT 458.25 332.10 Td (for ) Tj ET Q q 0 0 0 rg BT 472.47 332.10 Td (fulfilling ) Tj ET Q q 0 0 0 rg BT 510.58 332.10 Td (the ) Tj ET Q q 0 0 0 rg BT 525.36 332.10 Td (customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 91.09 320.10 Td (has ) Tj ET Q q 0 0 0 rg BT 106.92 320.10 Td (the ) Tj ET Q q 0 0 0 rg BT 121.64 320.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 139.14 320.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.97 320.10 Td (loss, ) Tj ET Q q 0 0 0 rg BT 170.53 320.10 Td (and ) Tj ET Q q 0 0 0 rg BT 187.47 320.10 Td (has ) Tj ET Q q 0 0 0 rg BT 203.30 320.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.02 320.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 246.07 320.10 Td (to ) Tj ET Q q 0 0 0 rg BT 256.35 320.10 Td (establish ) Tj ET Q q 0 0 0 rg BT 293.84 320.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 340.21 320.10 Td (prices.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 296.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.05 296.10 Td (main ) Tj ET Q q 0 0 0 rg BT 126.54 296.10 Td (services ) Tj ET Q q 0 0 0 rg BT 161.25 296.10 Td (from ) Tj ET Q q 0 0 0 rg BT 183.19 296.10 Td (which ) Tj ET Q q 0 0 0 rg BT 210.13 296.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 251.51 296.10 Td (derives ) Tj ET Q q 0 0 0 rg BT 282.89 296.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 317.04 296.10 Td (are ) Tj ET Q q 0 0 0 rg BT 331.74 296.10 Td (as ) Tj ET Q q 0 0 0 rg BT 342.57 296.10 Td (follow:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 272.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 91.39 272.10 Td (T) Tj ET Q q 0 0 0 rg BT 96.40 272.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 119.44 272.10 Td (Exchanges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 248.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 127.87 248.10 Td (T) Tj ET Q q 0 0 0 rg BT 133.63 248.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 156.84 248.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 195.59 248.10 Td (are ) Tj ET Q q 0 0 0 rg BT 211.02 248.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 251.45 248.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 284.66 248.10 Td (from ) Tj ET Q q 0 0 0 rg BT 307.32 248.10 Td (commissions ) Tj ET Q q 0 0 0 rg BT 362.76 248.10 Td (and ) Tj ET Q q 0 0 0 rg BT 380.42 248.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 427.52 248.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 446.83 248.10 Td (received ) Tj ET Q q 0 0 0 rg BT 483.92 248.10 Td (from ) Tj ET Q q 0 0 0 rg BT 506.58 248.10 Td (various ) Tj ET Q q 0 0 0 rg BT 539.23 248.10 Td (travel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 91.06 236.10 Td (and ) Tj ET Q q 0 0 0 rg BT 108.78 236.10 Td (international ) Tj ET Q q 0 0 0 rg BT 162.61 236.10 Td (exchanges ) Tj ET Q q 0 0 0 rg BT 207.54 236.10 Td (involved ) Tj ET Q q 0 0 0 rg BT 245.83 236.10 Td (in ) Tj ET Q q 0 0 0 rg BT 256.89 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 272.40 236.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 291.24 236.10 Td (of ) Tj ET Q q 0 0 0 rg BT 302.85 236.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 328.91 236.10 Td (to ) Tj ET Q q 0 0 0 rg BT 339.97 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 355.48 236.10 Td (consumer) Tj ET Q q 0 0 0 rg BT 393.80 236.10 Td (. ) Tj ET Q q 0 0 0 rg BT 399.59 236.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 441.53 236.10 Td (T) Tj ET Q q 0 0 0 rg BT 447.29 236.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 470.56 236.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 505.49 236.10 Td (is ) Tj ET Q q 0 0 0 rg BT 515.45 236.10 Td (for ) Tj ET Q q 0 0 0 rg BT 530.40 236.10 Td (a ) Tj ET Q q 0 0 0 rg BT 538.13 236.10 Td (single ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 102.71 224.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 145.44 224.10 Td (and ) Tj ET Q q 0 0 0 rg BT 162.06 224.10 Td (is ) Tj ET Q q 0 0 0 rg BT 170.92 224.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 216.97 224.10 Td (at ) Tj ET Q q 0 0 0 rg BT 226.37 224.10 Td (a ) Tj ET Q q 0 0 0 rg BT 232.99 224.10 Td (point ) Tj ET Q q 0 0 0 rg BT 255.73 224.10 Td (in ) Tj ET Q q 0 0 0 rg BT 265.69 224.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 287.99 224.10 Td (T) Tj ET Q q 0 0 0 rg BT 293.75 224.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 315.92 224.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 353.64 224.10 Td (include ) Tj ET Q q 0 0 0 rg BT 385.26 224.10 Td (reservation ) Tj ET Q q 0 0 0 rg BT 431.86 224.10 Td (commissions, ) Tj ET Q q 0 0 0 rg BT 488.77 224.10 Td (segment ) Tj ET Q q 0 0 0 rg BT 524.28 224.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 542.57 224.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.10 Td (global ) Tj ET Q q 0 0 0 rg BT 76.93 212.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 101.64 212.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 141.33 212.10 Td (providers, ) Tj ET Q q 0 0 0 rg BT 183.54 212.10 Td (and ) Tj ET Q q 0 0 0 rg BT 199.91 212.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 245.72 212.10 Td (net ) Tj ET Q q 0 0 0 rg BT 259.88 212.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 297.35 212.10 Td (\(i.e., ) Tj ET Q q 0 0 0 rg BT 317.34 212.10 Td (the ) Tj ET Q q 0 0 0 rg BT 331.49 212.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 363.43 212.10 Td (char) Tj ET Q q 0 0 0 rg BT 380.45 212.10 Td (ged ) Tj ET Q q 0 0 0 rg BT 396.83 212.10 Td (to ) Tj ET Q q 0 0 0 rg BT 406.55 212.10 Td (travelers ) Tj ET Q q 0 0 0 rg BT 442.91 212.10 Td (less ) Tj ET Q q 0 0 0 rg BT 459.85 212.10 Td (the ) Tj ET Q q 0 0 0 rg BT 474.00 212.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 505.94 212.10 Td (owed ) Tj ET Q q 0 0 0 rg BT 529.54 212.10 Td (to ) Tj ET Q q 0 0 0 rg BT 539.25 212.10 Td (travel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.10 Td (service ) Tj ET Q q 0 0 0 rg BT 81.71 200.10 Td (providers\) ) Tj ET Q q 0 0 0 rg BT 126.20 200.10 Td (in ) Tj ET Q q 0 0 0 rg BT 137.37 200.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 184.63 200.10 Td (with ) Tj ET Q q 0 0 0 rg BT 205.80 200.10 Td (our ) Tj ET Q q 0 0 0 rg BT 222.52 200.10 Td (reservation ) Tj ET Q q 0 0 0 rg BT 270.33 200.10 Td (services; ) Tj ET Q q 0 0 0 rg BT 308.71 200.10 Td (ancillary ) Tj ET Q q 0 0 0 rg BT 347.08 200.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 369.07 200.10 Td (including ) Tj ET Q q 0 0 0 rg BT 410.24 200.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 436.39 200.10 Td (insurance-related ) Tj ET Q q 0 0 0 rg BT 508.63 200.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 547.56 200.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 78.74 188.10 Td (reservation ) Tj ET Q q 0 0 0 rg BT 124.70 188.10 Td (booking ) Tj ET Q q 0 0 0 rg BT 159.02 188.10 Td (fees; ) Tj ET Q q 0 0 0 rg BT 179.43 188.10 Td (and ) Tj ET Q q 0 0 0 rg BT 195.41 188.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 219.71 188.10 Td (card ) Tj ET Q q 0 0 0 rg BT 238.46 188.10 Td (processing ) Tj ET Q q 0 0 0 rg BT 282.76 188.10 Td (rebates ) Tj ET Q q 0 0 0 rg BT 312.62 188.10 Td (and ) Tj ET Q q 0 0 0 rg BT 328.59 188.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 366.79 188.10 Td (processing ) Tj ET Q q 0 0 0 rg BT 411.09 188.10 Td (fees. ) Tj ET Q q 0 0 0 rg BT 431.23 188.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 471.54 188.10 Td (T) Tj ET Q q 0 0 0 rg BT 477.30 188.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 498.82 188.10 Td (services ) Tj ET Q q 0 0 0 rg BT 532.57 188.10 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.91 176.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 83.14 176.10 Td (of ) Tj ET Q q 0 0 0 rg BT 94.17 176.10 Td (hotel ) Tj ET Q q 0 0 0 rg BT 116.85 176.10 Td (rooms, ) Tj ET Q q 0 0 0 rg BT 147.04 176.10 Td (airline ) Tj ET Q q 0 0 0 rg BT 175.27 176.10 Td (tickets, ) Tj ET Q q 0 0 0 rg BT 206.57 176.10 Td (bus ) Tj ET Q q 0 0 0 rg BT 223.15 176.10 Td (tickets ) Tj ET Q q 0 0 0 rg BT 251.94 176.10 Td (and ) Tj ET Q q 0 0 0 rg BT 269.07 176.10 Td (train ) Tj ET Q q 0 0 0 rg BT 290.09 176.10 Td (tickets. ) Tj ET Q q 0 0 0 rg BT 321.38 176.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 363.05 176.10 Td (s ) Tj ET Q q 0 0 0 rg BT 369.43 176.10 Td (T) Tj ET Q q 0 0 0 rg BT 375.19 176.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 397.87 176.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 432.20 176.10 Td (is ) Tj ET Q q 0 0 0 rg BT 441.56 176.10 Td (also ) Tj ET Q q 0 0 0 rg BT 460.36 176.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 493.04 176.10 Td (from ) Tj ET Q q 0 0 0 rg BT 515.17 176.10 Td (ticket ) Tj ET Q q 0 0 0 rg BT 540.07 176.10 Td (sales, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 164.10 Td (wherein ) Tj ET Q q 0 0 0 rg BT 83.65 164.10 Td (the ) Tj ET Q q 0 0 0 rg BT 97.31 164.10 Td (commissions ) Tj ET Q q 0 0 0 rg BT 150.98 164.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 183.51 164.10 Td (to ) Tj ET Q q 0 0 0 rg BT 192.73 164.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 232.96 164.10 Td (T) Tj ET Q q 0 0 0 rg BT 238.71 164.10 Td (ravel, ) Tj ET Q q 0 0 0 rg BT 262.64 164.10 Td (along ) Tj ET Q q 0 0 0 rg BT 286.30 164.10 Td (with ) Tj ET Q q 0 0 0 rg BT 305.52 164.10 Td (any ) Tj ET Q q 0 0 0 rg BT 321.40 164.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 366.71 164.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 384.25 164.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 402.91 164.10 Td (by ) Tj ET Q q 0 0 0 rg BT 414.35 164.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 438.56 164.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 477.77 164.10 Td (and ) Tj ET Q q 0 0 0 rg BT 493.65 164.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 517.86 164.10 Td (exchanges, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 152.10 Td (is ) Tj ET Q q 0 0 0 rg BT 59.22 152.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 105.62 152.10 Td (as ) Tj ET Q q 0 0 0 rg BT 116.50 152.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 150.69 152.10 Td (after ) Tj ET Q q 0 0 0 rg BT 171.55 152.10 Td (completion ) Tj ET Q q 0 0 0 rg BT 219.09 152.10 Td (of ) Tj ET Q q 0 0 0 rg BT 229.96 152.10 Td (the ) Tj ET Q q 0 0 0 rg BT 244.72 152.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 277.90 152.10 Td (The ) Tj ET Q q 0 0 0 rg BT 295.99 152.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 342.41 152.10 Td (price ) Tj ET Q q 0 0 0 rg BT 364.94 152.10 Td (on ) Tj ET Q q 0 0 0 rg BT 377.49 152.10 Td (such ) Tj ET Q q 0 0 0 rg BT 398.36 152.10 Td (services ) Tj ET Q q 0 0 0 rg BT 433.11 152.10 Td (is ) Tj ET Q q 0 0 0 rg BT 442.33 152.10 Td (agreed ) Tj ET Q q 0 0 0 rg BT 471.52 152.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 494.07 152.10 Td (at ) Tj ET Q q 0 0 0 rg BT 503.83 152.10 Td (the ) Tj ET Q q 0 0 0 rg BT 518.59 152.10 Td (time ) Tj ET Q q 0 0 0 rg BT 538.91 152.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.78 152.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 140.10 Td (purchase.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 116.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 116.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 128.24 116.10 Td (T) Tj ET Q q 0 0 0 rg BT 134.00 116.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 157.61 116.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 192.87 116.10 Td (for ) Tj ET Q q 0 0 0 rg BT 208.15 116.10 Td (the ) Tj ET Q q 0 0 0 rg BT 223.99 116.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 265.36 116.10 Td (MICE ) Tj ET Q q 0 0 0 rg BT 293.98 116.10 Td (\(Meetings, ) Tj ET Q q 0 0 0 rg BT 340.65 116.10 Td (Incentives, ) Tj ET Q q 0 0 0 rg BT 387.86 116.10 Td (Conferences, ) Tj ET Q q 0 0 0 rg BT 443.96 116.10 Td (and ) Tj ET Q q 0 0 0 rg BT 462.01 116.10 Td (Exhibitions\) ) Tj ET Q q 0 0 0 rg BT 515.08 116.10 Td (packages ) Tj ET Q q 0 0 0 rg BT 555.34 116.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 104.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 95.97 104.10 Td (at ) Tj ET Q q 0 0 0 rg BT 105.30 104.10 Td (full ) Tj ET Q q 0 0 0 rg BT 121.30 104.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 158.95 104.10 Td (value ) Tj ET Q q 0 0 0 rg BT 182.72 104.10 Td (at ) Tj ET Q q 0 0 0 rg BT 192.05 104.10 Td (the ) Tj ET Q q 0 0 0 rg BT 206.37 104.10 Td (completion ) Tj ET Q q 0 0 0 rg BT 253.48 104.10 Td (of ) Tj ET Q q 0 0 0 rg BT 263.92 104.10 Td (the ) Tj ET Q q 0 0 0 rg BT 278.25 104.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 320.91 104.10 Td (with ) Tj ET Q q 0 0 0 rg BT 340.80 104.10 Td (the ) Tj ET Q q 0 0 0 rg BT 355.13 104.10 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 414.45 104.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 436.56 104.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 473.65 104.10 Td (under ) Tj ET Q q 0 0 0 rg BT 498.53 104.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 523.40 104.10 Td (expenses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 92.10 Td (For ) Tj ET Q q 0 0 0 rg BT 67.23 92.10 Td (MICE ) Tj ET Q q 0 0 0 rg BT 95.56 92.10 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 136.94 92.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 178.92 92.10 Td (T) Tj ET Q q 0 0 0 rg BT 184.68 92.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 208.00 92.10 Td (acts ) Tj ET Q q 0 0 0 rg BT 226.88 92.10 Td (as ) Tj ET Q q 0 0 0 rg BT 238.55 92.10 Td (the ) Tj ET Q q 0 0 0 rg BT 254.10 92.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 292.98 92.10 Td (in ) Tj ET Q q 0 0 0 rg BT 304.09 92.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 355.19 92.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 375.47 92.10 Td (accordingly) Tj ET Q q 0 0 0 rg BT 422.02 92.10 Td (, ) Tj ET Q q 0 0 0 rg BT 427.86 92.10 Td (reports ) Tj ET Q q 0 0 0 rg BT 458.96 92.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 493.95 92.10 Td (on ) Tj ET Q q 0 0 0 rg BT 507.28 92.10 Td (a ) Tj ET Q q 0 0 0 rg BT 515.06 92.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 539.51 92.10 Td (basis. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 80.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 90.39 80.10 Td (T) Tj ET Q q 0 0 0 rg BT 96.15 80.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 117.76 80.10 Td (controls ) Tj ET Q q 0 0 0 rg BT 151.60 80.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.44 80.10 Td (service ) Tj ET Q q 0 0 0 rg BT 195.38 80.10 Td (at ) Tj ET Q q 0 0 0 rg BT 204.22 80.10 Td (all ) Tj ET Q q 0 0 0 rg BT 215.84 80.10 Td (times ) Tj ET Q q 0 0 0 rg BT 239.13 80.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 260.19 80.10 Td (to ) Tj ET Q q 0 0 0 rg BT 269.59 80.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 301.75 80.10 Td (to ) Tj ET Q q 0 0 0 rg BT 311.15 80.10 Td (the ) Tj ET Q q 0 0 0 rg BT 324.99 80.10 Td (customer) Tj ET Q q 0 0 0 rg BT 361.25 80.10 Td (, ) Tj ET Q q 0 0 0 rg BT 365.37 80.10 Td (is ) Tj ET Q q 0 0 0 rg BT 373.66 80.10 Td (responsible ) Tj ET Q q 0 0 0 rg BT 420.83 80.10 Td (for ) Tj ET Q q 0 0 0 rg BT 434.12 80.10 Td (fulfilling ) Tj ET Q q 0 0 0 rg BT 471.29 80.10 Td (the ) Tj ET Q q 0 0 0 rg BT 485.13 80.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 523.41 80.10 Td (contracts, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 68.10 Td (has ) Tj ET Q q 0 0 0 rg BT 65.83 68.10 Td (the ) Tj ET Q q 0 0 0 rg BT 80.55 68.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 98.05 68.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.88 68.10 Td (loss, ) Tj ET Q q 0 0 0 rg BT 129.44 68.10 Td (and ) Tj ET Q q 0 0 0 rg BT 146.38 68.10 Td (has ) Tj ET Q q 0 0 0 rg BT 162.21 68.10 Td (the ) Tj ET Q q 0 0 0 rg BT 176.92 68.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 204.98 68.10 Td (to ) Tj ET Q q 0 0 0 rg BT 215.25 68.10 Td (establish ) Tj ET Q q 0 0 0 rg BT 252.75 68.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 299.12 68.10 Td (prices.) Tj ET Q endstream endobj 37 0 obj <>] /Rotate 0 /Contents 38 0 R>> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (16) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 91.39 742.10 Td (Money ) Tj ET Q q 0 0 0 rg BT 121.09 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 126.10 742.10 Td (ransfer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 718.10 Td (For ) Tj ET Q q 0 0 0 rg BT 102.29 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 116.91 718.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 158.20 718.10 Td (money ) Tj ET Q q 0 0 0 rg BT 187.82 718.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 220.76 718.10 Td (business, ) Tj ET Q q 0 0 0 rg BT 259.55 718.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 300.84 718.10 Td (has ) Tj ET Q q 0 0 0 rg BT 316.58 718.10 Td (one ) Tj ET Q q 0 0 0 rg BT 333.42 718.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 386.34 718.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 429.30 718.10 Td (whereupon ) Tj ET Q q 0 0 0 rg BT 476.13 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 490.75 718.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 529.80 718.10 Td (engages ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 91.97 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 102.83 706.10 Td (perform ) Tj ET Q q 0 0 0 rg BT 138.13 706.10 Td (one ) Tj ET Q q 0 0 0 rg BT 155.65 706.10 Td (integrated ) Tj ET Q q 0 0 0 rg BT 198.72 706.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 232.39 706.10 Td (This ) Tj ET Q q 0 0 0 rg BT 253.26 706.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 291.33 706.10 Td (occurs ) Tj ET Q q 0 0 0 rg BT 320.52 706.10 Td (instantaneously ) Tj ET Q q 0 0 0 rg BT 385.81 706.10 Td (when ) Tj ET Q q 0 0 0 rg BT 410.56 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.86 706.10 Td (beneficiary ) Tj ET Q q 0 0 0 rg BT 473.91 706.10 Td (entitled ) Tj ET Q q 0 0 0 rg BT 506.99 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 517.85 706.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 549.80 706.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (money ) Tj ET Q q 0 0 0 rg BT 80.18 694.10 Td (transferred ) Tj ET Q q 0 0 0 rg BT 126.45 694.10 Td (by ) Tj ET Q q 0 0 0 rg BT 139.42 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 154.60 694.10 Td (sender ) Tj ET Q q 0 0 0 rg BT 183.66 694.10 Td (visits ) Tj ET Q q 0 0 0 rg BT 207.75 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 222.93 694.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 264.78 694.10 Td (outlet ) Tj ET Q q 0 0 0 rg BT 290.52 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 307.92 694.10 Td (collects ) Tj ET Q q 0 0 0 rg BT 341.43 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.61 694.10 Td (money) Tj ET Q q 0 0 0 rg BT 383.18 694.10 Td (. ) Tj ET Q q 0 0 0 rg BT 387.99 694.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 437.33 694.10 Td (, ) Tj ET Q q 0 0 0 rg BT 442.79 694.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 484.65 694.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 530.36 694.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 73.40 682.10 Td (completion ) Tj ET Q q 0 0 0 rg BT 121.80 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 133.53 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 149.15 682.10 Td (following: ) Tj ET Q q 0 0 0 rg BT 194.22 682.10 Td (1\) ) Tj ET Q q 0 0 0 rg BT 205.95 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 221.57 682.10 Td (customer) Tj ET Q q 0 0 0 rg BT 258.60 682.10 Td () Tj ET Q q 0 0 0 rg BT 261.38 682.10 Td (s ) Tj ET Q q 0 0 0 rg BT 268.67 682.10 Td (acknowledgment ) Tj ET Q q 0 0 0 rg BT 340.39 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 352.12 682.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 393.78 682.10 Td (s ) Tj ET Q q 0 0 0 rg BT 401.08 682.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 426.70 682.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.54 682.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 489.61 682.10 Td (and ) Tj ET Q q 0 0 0 rg BT 507.45 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 523.07 682.10 Td (receipt ) Tj ET Q q 0 0 0 rg BT 553.68 682.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 86.92 670.10 Td (information, ) Tj ET Q q 0 0 0 rg BT 139.11 670.10 Td (2\) ) Tj ET Q q 0 0 0 rg BT 149.92 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.62 670.10 Td (money ) Tj ET Q q 0 0 0 rg BT 194.32 670.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 227.34 670.10 Td (has ) Tj ET Q q 0 0 0 rg BT 243.15 670.10 Td (been ) Tj ET Q q 0 0 0 rg BT 264.51 670.10 Td (processed, ) Tj ET Q q 0 0 0 rg BT 308.92 670.10 Td (3\) ) Tj ET Q q 0 0 0 rg BT 319.73 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 334.43 670.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 373.57 670.10 Td (has ) Tj ET Q q 0 0 0 rg BT 389.38 670.10 Td (received ) Tj ET Q q 0 0 0 rg BT 425.72 670.10 Td (a ) Tj ET Q q 0 0 0 rg BT 432.64 670.10 Td (unique ) Tj ET Q q 0 0 0 rg BT 462.34 670.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 508.70 670.10 Td (identification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (number) Tj ET Q q 0 0 0 rg BT 80.15 658.10 Td (, ) Tj ET Q q 0 0 0 rg BT 85.02 658.10 Td (and ) Tj ET Q q 0 0 0 rg BT 101.84 658.10 Td (4\) ) Tj ET Q q 0 0 0 rg BT 112.55 658.10 Td (funds ) Tj ET Q q 0 0 0 rg BT 137.15 658.10 Td (are ) Tj ET Q q 0 0 0 rg BT 151.73 658.10 Td (available ) Tj ET Q q 0 0 0 rg BT 190.20 658.10 Td (to ) Tj ET Q q 0 0 0 rg BT 200.36 658.10 Td (be ) Tj ET Q q 0 0 0 rg BT 212.17 658.10 Td (picked ) Tj ET Q q 0 0 0 rg BT 241.21 658.10 Td (up ) Tj ET Q q 0 0 0 rg BT 253.58 658.10 Td (by ) Tj ET Q q 0 0 0 rg BT 265.96 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 280.56 658.10 Td (beneficiary) Tj ET Q q 0 0 0 rg BT 324.88 658.10 Td (. ) Tj ET Q q 0 0 0 rg BT 329.58 658.10 Td (The ) Tj ET Q q 0 0 0 rg BT 347.51 658.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 393.76 658.10 Td (price ) Tj ET Q q 0 0 0 rg BT 416.12 658.10 Td (is ) Tj ET Q q 0 0 0 rg BT 425.17 658.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 469.20 658.10 Td (of ) Tj ET Q q 0 0 0 rg BT 479.91 658.10 Td (a ) Tj ET Q q 0 0 0 rg BT 486.73 658.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 532.98 658.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 547.56 658.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.23 646.10 Td (dif) Tj ET Q q 0 0 0 rg BT 75.15 646.10 Td (ference ) Tj ET Q q 0 0 0 rg BT 106.58 646.10 Td (between ) Tj ET Q q 0 0 0 rg BT 141.90 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 156.13 646.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 195.89 646.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 212.89 646.10 Td (set ) Tj ET Q q 0 0 0 rg BT 226.00 646.10 Td (by ) Tj ET Q q 0 0 0 rg BT 238.01 646.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 278.91 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 288.70 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 302.92 646.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 341.59 646.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.03 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 372.26 646.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 389.26 646.10 Td (available ) Tj ET Q q 0 0 0 rg BT 427.35 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 437.14 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 451.37 646.10 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 493.36 646.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 524.25 646.10 Td (exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (market, ) Tj ET Q q 0 0 0 rg BT 82.76 634.10 Td (as ) Tj ET Q q 0 0 0 rg BT 93.59 634.10 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 139.68 634.10 Td (both ) Tj ET Q q 0 0 0 rg BT 159.96 634.10 Td (of ) Tj ET Q q 0 0 0 rg BT 170.79 634.10 Td (which ) Tj ET Q q 0 0 0 rg BT 197.73 634.10 Td (are ) Tj ET Q q 0 0 0 rg BT 212.44 634.10 Td (readily ) Tj ET Q q 0 0 0 rg BT 242.70 634.10 Td (determinable ) Tj ET Q q 0 0 0 rg BT 297.40 634.10 Td (at ) Tj ET Q q 0 0 0 rg BT 307.11 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 321.83 634.10 Td (time ) Tj ET Q q 0 0 0 rg BT 342.10 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.82 634.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 403.19 634.10 Td (is ) Tj ET Q q 0 0 0 rg BT 412.36 634.10 Td (initiated.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (For) Tj ET Q q 0 0 0 rg BT 64.63 610.10 Td (eign ) Tj ET Q q 0 0 0 rg BT 84.35 610.10 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 126.27 610.10 Td (and ) Tj ET Q q 0 0 0 rg BT 143.77 610.10 Td (Payment ) Tj ET Q q 0 0 0 rg BT 181.25 610.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 586.10 Td (For ) Tj ET Q q 0 0 0 rg BT 102.97 586.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 144.63 586.10 Td (s ) Tj ET Q q 0 0 0 rg BT 151.60 586.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 183.55 586.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 224.38 586.10 Td (and ) Tj ET Q q 0 0 0 rg BT 241.90 586.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 279.41 586.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 317.19 586.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 360.81 586.10 Td (agree ) Tj ET Q q 0 0 0 rg BT 385.54 586.10 Td (to ) Tj ET Q q 0 0 0 rg BT 396.39 586.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 421.68 586.10 Td (and ) Tj ET Q q 0 0 0 rg BT 439.20 586.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 483.94 586.10 Td (for ) Tj ET Q q 0 0 0 rg BT 498.68 586.10 Td (all ) Tj ET Q q 0 0 0 rg BT 511.75 586.10 Td (transactions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (either ) Tj ET Q q 0 0 0 rg BT 75.63 574.10 Td (at ) Tj ET Q q 0 0 0 rg BT 85.71 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.80 574.10 Td (time ) Tj ET Q q 0 0 0 rg BT 121.44 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 132.63 574.10 Td (initiating ) Tj ET Q q 0 0 0 rg BT 171.61 574.10 Td (a ) Tj ET Q q 0 0 0 rg BT 178.91 574.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 225.65 574.10 Td (or ) Tj ET Q q 0 0 0 rg BT 236.85 574.10 Td (signing ) Tj ET Q q 0 0 0 rg BT 269.16 574.10 Td (a ) Tj ET Q q 0 0 0 rg BT 276.46 574.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 311.53 574.10 Td (with ) Tj ET Q q 0 0 0 rg BT 332.18 574.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 373.93 574.10 Td (to ) Tj ET Q q 0 0 0 rg BT 384.58 574.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 417.99 574.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 455.29 574.10 Td (services ) Tj ET Q q 0 0 0 rg BT 490.36 574.10 Td (on ) Tj ET Q q 0 0 0 rg BT 503.23 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 518.31 574.10 Td (customer) Tj ET Q q 0 0 0 rg BT 555.34 574.10 Td () Tj ET Q q 0 0 0 rg BT 558.12 574.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (behalf. ) Tj ET Q q 0 0 0 rg BT 80.95 562.10 Td (In ) Tj ET Q q 0 0 0 rg BT 92.75 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 108.43 562.10 Td (majority ) Tj ET Q q 0 0 0 rg BT 145.78 562.10 Td (of ) Tj ET Q q 0 0 0 rg BT 157.58 562.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 199.24 562.10 Td (s ) Tj ET Q q 0 0 0 rg BT 206.60 562.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 238.95 562.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 280.17 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 298.07 562.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 335.97 562.10 Td (services ) Tj ET Q q 0 0 0 rg BT 371.65 562.10 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 425.38 562.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 467.73 562.10 Td (makes ) Tj ET Q q 0 0 0 rg BT 496.74 562.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 538.54 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.78 562.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (recipient ) Tj ET Q q 0 0 0 rg BT 87.38 550.10 Td (to ) Tj ET Q q 0 0 0 rg BT 97.56 550.10 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 126.07 550.10 Td (its ) Tj ET Q q 0 0 0 rg BT 137.92 550.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 190.84 550.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 233.80 550.10 Td (to ) Tj ET Q q 0 0 0 rg BT 243.98 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 258.60 550.10 Td (customer) Tj ET Q q 0 0 0 rg BT 294.85 550.10 Td (, ) Tj ET Q q 0 0 0 rg BT 299.75 550.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 319.09 550.10 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 360.08 550.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 401.37 550.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 446.52 550.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 480.57 550.10 Td (on ) Tj ET Q q 0 0 0 rg BT 492.97 550.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 524.25 550.10 Td (exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 538.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 103.87 538.10 Td (when ) Tj ET Q q 0 0 0 rg BT 128.03 538.10 Td (this ) Tj ET Q q 0 0 0 rg BT 144.98 538.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 198.00 538.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 241.05 538.10 Td (has ) Tj ET Q q 0 0 0 rg BT 256.88 538.10 Td (been ) Tj ET Q q 0 0 0 rg BT 278.26 538.10 Td (fulfilled.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 93.61 514.10 Td (Payment ) Tj ET Q q 0 0 0 rg BT 131.10 514.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 490.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 126.28 490.10 Td (of) Tj ET Q q 0 0 0 rg BT 134.43 490.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 150.82 490.10 Td (several ) Tj ET Q q 0 0 0 rg BT 180.53 490.10 Td (dif) Tj ET Q q 0 0 0 rg BT 191.46 490.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 216.17 490.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 230.90 490.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 266.73 490.10 Td (services ) Tj ET Q q 0 0 0 rg BT 300.33 490.10 Td (that ) Tj ET Q q 0 0 0 rg BT 316.72 490.10 Td (vary ) Tj ET Q q 0 0 0 rg BT 335.88 490.10 Td (by ) Tj ET Q q 0 0 0 rg BT 347.28 490.10 Td (considerations ) Tj ET Q q 0 0 0 rg BT 406.44 490.10 Td (such ) Tj ET Q q 0 0 0 rg BT 426.16 490.10 Td (as: ) Tj ET Q q 0 0 0 rg BT 438.67 490.10 Td (1\) ) Tj ET Q q 0 0 0 rg BT 448.39 490.10 Td (who ) Tj ET Q q 0 0 0 rg BT 467.01 490.10 Td (pays ) Tj ET Q q 0 0 0 rg BT 486.74 490.10 Td (the ) Tj ET Q q 0 0 0 rg BT 500.35 490.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 513.95 490.10 Td (to ) Tj ET Q q 0 0 0 rg BT 523.13 490.10 Td (EbixCash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (\(consumer ) Tj ET Q q 0 0 0 rg BT 94.41 478.10 Td (or ) Tj ET Q q 0 0 0 rg BT 104.94 478.10 Td (biller\), ) Tj ET Q q 0 0 0 rg BT 134.08 478.10 Td (2\) ) Tj ET Q q 0 0 0 rg BT 144.62 478.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 179.03 478.10 Td (or ) Tj ET Q q 0 0 0 rg BT 189.56 478.10 Td (not ) Tj ET Q q 0 0 0 rg BT 204.54 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.96 478.10 Td (service ) Tj ET Q q 0 0 0 rg BT 249.48 478.10 Td (is ) Tj ET Q q 0 0 0 rg BT 258.35 478.10 Td (of) Tj ET Q q 0 0 0 rg BT 266.50 478.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 289.24 478.10 Td (to ) Tj ET Q q 0 0 0 rg BT 299.23 478.10 Td (all ) Tj ET Q q 0 0 0 rg BT 311.43 478.10 Td (consumers, ) Tj ET Q q 0 0 0 rg BT 358.90 478.10 Td (3\) ) Tj ET Q q 0 0 0 rg BT 369.43 478.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 403.84 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 418.26 478.10 Td (service ) Tj ET Q q 0 0 0 rg BT 448.78 478.10 Td (is ) Tj ET Q q 0 0 0 rg BT 457.65 478.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 497.06 478.10 Td (to ) Tj ET Q q 0 0 0 rg BT 507.04 478.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 540.91 478.10 Td (biller ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (relationship ) Tj ET Q q 0 0 0 rg BT 99.16 466.10 Td (of ) Tj ET Q q 0 0 0 rg BT 109.44 466.10 Td (EbixCash, ) Tj ET Q q 0 0 0 rg BT 152.77 466.10 Td (and ) Tj ET Q q 0 0 0 rg BT 169.16 466.10 Td (4\) ) Tj ET Q q 0 0 0 rg BT 179.43 466.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 213.59 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 227.75 466.10 Td (service ) Tj ET Q q 0 0 0 rg BT 258.01 466.10 Td (utilizes ) Tj ET Q q 0 0 0 rg BT 288.84 466.10 Td (a ) Tj ET Q q 0 0 0 rg BT 295.23 466.10 Td (physical ) Tj ET Q q 0 0 0 rg BT 330.50 466.10 Td (agent ) Tj ET Q q 0 0 0 rg BT 354.10 466.10 Td (network ) Tj ET Q q 0 0 0 rg BT 388.82 466.10 Td (of) Tj ET Q q 0 0 0 rg BT 396.97 466.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 419.45 466.10 Td (for ) Tj ET Q q 0 0 0 rg BT 433.06 466.10 Td (consumers) Tj ET Q q 0 0 0 rg BT 478.42 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 480.37 466.10 Td (convenience, ) Tj ET Q q 0 0 0 rg BT 534.78 466.10 Td (among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (other ) Tj ET Q q 0 0 0 rg BT 74.33 454.10 Td (factors. ) Tj ET Q q 0 0 0 rg BT 107.55 454.10 Td (The ) Tj ET Q q 0 0 0 rg BT 126.88 454.10 Td (determination ) Tj ET Q q 0 0 0 rg BT 186.21 454.10 Td (of ) Tj ET Q q 0 0 0 rg BT 198.32 454.10 Td (which ) Tj ET Q q 0 0 0 rg BT 226.55 454.10 Td (party ) Tj ET Q q 0 0 0 rg BT 250.88 454.10 Td (is ) Tj ET Q q 0 0 0 rg BT 261.33 454.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 303.00 454.10 Td (s ) Tj ET Q q 0 0 0 rg BT 310.68 454.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 351.12 454.10 Td (for ) Tj ET Q q 0 0 0 rg BT 366.56 454.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 401.99 454.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 451.32 454.10 Td (purposes ) Tj ET Q q 0 0 0 rg BT 490.66 454.10 Td (is ) Tj ET Q q 0 0 0 rg BT 501.12 454.10 Td (based ) Tj ET Q q 0 0 0 rg BT 527.67 454.10 Td (on ) Tj ET Q q 0 0 0 rg BT 541.46 454.10 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (considerations ) Tj ET Q q 0 0 0 rg BT 109.67 442.10 Td (for ) Tj ET Q q 0 0 0 rg BT 123.23 442.10 Td (each ) Tj ET Q q 0 0 0 rg BT 143.45 442.10 Td (of ) Tj ET Q q 0 0 0 rg BT 153.68 442.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 195.35 442.10 Td (s ) Tj ET Q q 0 0 0 rg BT 201.14 442.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 216.38 442.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 252.72 442.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 289.33 442.10 Td (For ) Tj ET Q q 0 0 0 rg BT 305.12 442.10 Td (all ) Tj ET Q q 0 0 0 rg BT 317.02 442.10 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 369.19 442.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 410.85 442.10 Td (s ) Tj ET Q q 0 0 0 rg BT 416.65 442.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 459.10 442.10 Td (agree ) Tj ET Q q 0 0 0 rg BT 482.65 442.10 Td (to ) Tj ET Q q 0 0 0 rg BT 492.33 442.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 533.99 442.10 Td (s ) Tj ET Q q 0 0 0 rg BT 539.79 442.10 Td (terms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (and ) Tj ET Q q 0 0 0 rg BT 67.48 430.10 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 114.68 430.10 Td (either ) Tj ET Q q 0 0 0 rg BT 140.49 430.10 Td (at ) Tj ET Q q 0 0 0 rg BT 150.74 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.00 430.10 Td (time ) Tj ET Q q 0 0 0 rg BT 186.81 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 198.18 430.10 Td (initiating ) Tj ET Q q 0 0 0 rg BT 237.33 430.10 Td (a ) Tj ET Q q 0 0 0 rg BT 244.81 430.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 291.72 430.10 Td (\(where ) Tj ET Q q 0 0 0 rg BT 322.52 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 337.77 430.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 379.69 430.10 Td (is ) Tj ET Q q 0 0 0 rg BT 389.40 430.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 437.42 430.10 Td (to ) Tj ET Q q 0 0 0 rg BT 448.24 430.10 Td (be ) Tj ET Q q 0 0 0 rg BT 460.72 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.97 430.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 515.67 430.10 Td (for ) Tj ET Q q 0 0 0 rg BT 530.37 430.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 98.85 418.10 Td (purposes\) ) Tj ET Q q 0 0 0 rg BT 141.04 418.10 Td (or ) Tj ET Q q 0 0 0 rg BT 152.68 418.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 175.99 418.10 Td (signing ) Tj ET Q q 0 0 0 rg BT 208.75 418.10 Td (a ) Tj ET Q q 0 0 0 rg BT 216.50 418.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 252.01 418.10 Td (with ) Tj ET Q q 0 0 0 rg BT 273.10 418.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 315.29 418.10 Td (to ) Tj ET Q q 0 0 0 rg BT 326.38 418.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 360.24 418.10 Td (services ) Tj ET Q q 0 0 0 rg BT 395.75 418.10 Td (on ) Tj ET Q q 0 0 0 rg BT 409.06 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 424.59 418.10 Td (biller) Tj ET Q q 0 0 0 rg BT 446.07 418.10 Td () Tj ET Q q 0 0 0 rg BT 448.84 418.10 Td (s ) Tj ET Q q 0 0 0 rg BT 456.04 418.10 Td (behalf ) Tj ET Q q 0 0 0 rg BT 484.34 418.10 Td (\(where ) Tj ET Q q 0 0 0 rg BT 515.41 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 530.93 418.10 Td (biller ) Tj ET Q q 0 0 0 rg BT 555.35 418.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 96.95 406.10 Td (to ) Tj ET Q q 0 0 0 rg BT 106.69 406.10 Td (be ) Tj ET Q q 0 0 0 rg BT 118.10 406.10 Td (the ) Tj ET Q q 0 0 0 rg BT 132.29 406.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 170.91 406.10 Td (for ) Tj ET Q q 0 0 0 rg BT 184.54 406.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 218.15 406.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 265.66 406.10 Td (purposes\). ) Tj ET Q q 0 0 0 rg BT 308.57 406.10 Td (As ) Tj ET Q q 0 0 0 rg BT 321.66 406.10 Td (with ) Tj ET Q q 0 0 0 rg BT 341.40 406.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 382.25 406.10 Td (money ) Tj ET Q q 0 0 0 rg BT 411.43 406.10 Td (transfers, ) Tj ET Q q 0 0 0 rg BT 450.33 406.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 492.84 406.10 Td (engage ) Tj ET Q q 0 0 0 rg BT 523.13 406.10 Td (EbixCash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.29 394.10 Td (perform ) Tj ET Q q 0 0 0 rg BT 95.01 394.10 Td (one ) Tj ET Q q 0 0 0 rg BT 111.96 394.10 Td (integrated ) Tj ET Q q 0 0 0 rg BT 154.46 394.10 Td (service, ) Tj ET Q q 0 0 0 rg BT 187.79 394.10 Td (collect ) Tj ET Q q 0 0 0 rg BT 216.95 394.10 Td (money ) Tj ET Q q 0 0 0 rg BT 246.68 394.10 Td (from ) Tj ET Q q 0 0 0 rg BT 268.63 394.10 Td (the ) Tj ET Q q 0 0 0 rg BT 283.37 394.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 324.76 394.10 Td (and ) Tj ET Q q 0 0 0 rg BT 341.71 394.10 Td (process ) Tj ET Q q 0 0 0 rg BT 374.21 394.10 Td (the ) Tj ET Q q 0 0 0 rg BT 388.94 394.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 404.79 394.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 441.74 394.10 Td (transaction, ) Tj ET Q q 0 0 0 rg BT 490.62 394.10 Td (thereby ) Tj ET Q q 0 0 0 rg BT 523.12 394.10 Td (providing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.11 382.10 Td (billers ) Tj ET Q q 0 0 0 rg BT 91.00 382.10 Td (real-time ) Tj ET Q q 0 0 0 rg BT 128.98 382.10 Td (or ) Tj ET Q q 0 0 0 rg BT 139.21 382.10 Td (near ) Tj ET Q q 0 0 0 rg BT 158.31 382.10 Td (real-time ) Tj ET Q q 0 0 0 rg BT 196.29 382.10 Td (information ) Tj ET Q q 0 0 0 rg BT 245.40 382.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 285.61 382.10 Td (their ) Tj ET Q q 0 0 0 rg BT 305.83 382.10 Td (customers) Tj ET Q q 0 0 0 rg BT 348.96 382.10 Td ( ) Tj ET Q q 0 0 0 rg BT 350.86 382.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 391.08 382.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 409.91 382.10 Td (thus, ) Tj ET Q q 0 0 0 rg BT 430.98 382.10 Td (simplifying ) Tj ET Q q 0 0 0 rg BT 478.98 382.10 Td (the ) Tj ET Q q 0 0 0 rg BT 493.10 382.10 Td (billers) Tj ET Q q 0 0 0 rg BT 520.68 382.10 Td ( ) Tj ET Q q 0 0 0 rg BT 522.57 382.10 Td (collection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 370.10 Td (forts. ) Tj ET Q q 0 0 0 rg BT 81.09 370.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 122.75 370.10 Td (s ) Tj ET Q q 0 0 0 rg BT 129.32 370.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 167.52 370.10 Td (from ) Tj ET Q q 0 0 0 rg BT 189.63 370.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 205.64 370.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 242.74 370.10 Td (services ) Tj ET Q q 0 0 0 rg BT 277.62 370.10 Td (are ) Tj ET Q q 0 0 0 rg BT 292.50 370.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 334.03 370.10 Td (from ) Tj ET Q q 0 0 0 rg BT 356.14 370.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 394.91 370.10 Td (to ) Tj ET Q q 0 0 0 rg BT 405.36 370.10 Td (process ) Tj ET Q q 0 0 0 rg BT 438.02 370.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 488.45 370.10 Td (at ) Tj ET Q q 0 0 0 rg BT 498.34 370.10 Td (any ) Tj ET Q q 0 0 0 rg BT 515.45 370.10 Td (time ) Tj ET Q q 0 0 0 rg BT 535.89 370.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.64 358.10 Td (duration ) Tj ET Q q 0 0 0 rg BT 98.39 358.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.15 358.10 Td (the ) Tj ET Q q 0 0 0 rg BT 121.79 358.10 Td (contract. ) Tj ET Q q 0 0 0 rg BT 157.81 358.10 Td (The ) Tj ET Q q 0 0 0 rg BT 174.78 358.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 220.08 358.10 Td (price ) Tj ET Q q 0 0 0 rg BT 241.49 358.10 Td (on ) Tj ET Q q 0 0 0 rg BT 252.92 358.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 267.68 358.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 303.53 358.10 Td (services ) Tj ET Q q 0 0 0 rg BT 337.17 358.10 Td (is ) Tj ET Q q 0 0 0 rg BT 345.26 358.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 391.10 358.10 Td (and ) Tj ET Q q 0 0 0 rg BT 406.97 358.10 Td (determinable. ) Tj ET Q q 0 0 0 rg BT 463.09 358.10 Td (Certain ) Tj ET Q q 0 0 0 rg BT 493.95 358.10 Td (biller ) Tj ET Q q 0 0 0 rg BT 516.48 358.10 Td (agreements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (may ) Tj ET Q q 0 0 0 rg BT 69.72 346.10 Td (include ) Tj ET Q q 0 0 0 rg BT 101.65 346.10 Td (per) Tj ET Q q 0 0 0 rg BT 114.22 346.10 Td (-transaction ) Tj ET Q q 0 0 0 rg BT 163.92 346.10 Td (or ) Tj ET Q q 0 0 0 rg BT 174.75 346.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 197.80 346.10 Td (periodic ) Tj ET Q q 0 0 0 rg BT 233.06 346.10 Td (rebates, ) Tj ET Q q 0 0 0 rg BT 266.38 346.10 Td (which ) Tj ET Q q 0 0 0 rg BT 293.32 346.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 334.70 346.10 Td (records ) Tj ET Q q 0 0 0 rg BT 366.63 346.10 Td (as ) Tj ET Q q 0 0 0 rg BT 377.46 346.10 Td (a ) Tj ET Q q 0 0 0 rg BT 384.40 346.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 424.66 346.10 Td (to ) Tj ET Q q 0 0 0 rg BT 434.94 346.10 Td (revenue.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (Gift ) Tj ET Q q 0 0 0 rg BT 68.06 322.10 Td (Car) Tj ET Q q 0 0 0 rg BT 83.25 322.10 Td (ds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 298.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 128.12 298.10 Td (resells ) Tj ET Q q 0 0 0 rg BT 156.89 298.10 Td (gift ) Tj ET Q q 0 0 0 rg BT 174.01 298.10 Td (cards ) Tj ET Q q 0 0 0 rg BT 198.34 298.10 Td (to ) Tj ET Q q 0 0 0 rg BT 209.35 298.10 Td (consumers ) Tj ET Q q 0 0 0 rg BT 255.35 298.10 Td (that ) Tj ET Q q 0 0 0 rg BT 273.57 298.10 Td (can ) Tj ET Q q 0 0 0 rg BT 290.68 298.10 Td (be ) Tj ET Q q 0 0 0 rg BT 303.35 298.10 Td (later ) Tj ET Q q 0 0 0 rg BT 324.34 298.10 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 366.43 298.10 Td (at ) Tj ET Q q 0 0 0 rg BT 376.88 298.10 Td (various ) Tj ET Q q 0 0 0 rg BT 409.55 298.10 Td (merchants. ) Tj ET Q q 0 0 0 rg BT 456.37 298.10 Td (Gift ) Tj ET Q q 0 0 0 rg BT 475.71 298.10 Td (cards ) Tj ET Q q 0 0 0 rg BT 500.04 298.10 Td (are ) Tj ET Q q 0 0 0 rg BT 515.48 298.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 553.68 298.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (inventory ) Tj ET Q q 0 0 0 rg BT 89.95 286.10 Td (until ) Tj ET Q q 0 0 0 rg BT 109.91 286.10 Td (sold ) Tj ET Q q 0 0 0 rg BT 128.21 286.10 Td (to ) Tj ET Q q 0 0 0 rg BT 137.61 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 151.46 286.10 Td (consumer) Tj ET Q q 0 0 0 rg BT 189.78 286.10 Td (. ) Tj ET Q q 0 0 0 rg BT 193.91 286.10 Td (Gift ) Tj ET Q q 0 0 0 rg BT 211.64 286.10 Td (card ) Tj ET Q q 0 0 0 rg BT 230.47 286.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 263.75 286.10 Td (is ) Tj ET Q q 0 0 0 rg BT 272.04 286.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 317.53 286.10 Td (at ) Tj ET Q q 0 0 0 rg BT 326.37 286.10 Td (full ) Tj ET Q q 0 0 0 rg BT 341.88 286.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 379.05 286.10 Td (value ) Tj ET Q q 0 0 0 rg BT 402.33 286.10 Td (at ) Tj ET Q q 0 0 0 rg BT 411.17 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.01 286.10 Td (time ) Tj ET Q q 0 0 0 rg BT 444.41 286.10 Td (of ) Tj ET Q q 0 0 0 rg BT 454.37 286.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 471.54 286.10 Td (with ) Tj ET Q q 0 0 0 rg BT 490.95 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 504.79 286.10 Td (corresponding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 68.61 274.10 Td (of ) Tj ET Q q 0 0 0 rg BT 79.44 274.10 Td (vouchers ) Tj ET Q q 0 0 0 rg BT 118.04 274.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 155.51 274.10 Td (as ) Tj ET Q q 0 0 0 rg BT 166.34 274.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 184.95 274.10 Td (of ) Tj ET Q q 0 0 0 rg BT 195.78 274.10 Td (services ) Tj ET Q q 0 0 0 rg BT 230.49 274.10 Td (provided.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (EbixCash T) Tj ET Q q 0 0 0 rg BT 96.03 250.10 Td (echnology Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 226.10 Td (EbixCash also of) Tj ET Q q 0 0 0 rg BT 154.14 226.10 Td (fers on-demand technology to various providers in the area of lending, wealth & asset management, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (travel and logistics across the world.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.07 214.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 185.13505859375005 m 140.8447265625 185.13505859375005 l s q 0 0 0 rg BT 50.00 186.70 Td (Insurance Exchanges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 162.70 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 126.78 162.70 Td (Exchanges ) Tj ET Q q 0 0 0 rg BT 172.01 162.70 Td (revenues ) Tj ET Q q 0 0 0 rg BT 209.45 162.70 Td (are ) Tj ET Q q 0 0 0 rg BT 223.57 162.70 Td (primarily ) Tj ET Q q 0 0 0 rg BT 262.70 162.70 Td (derived ) Tj ET Q q 0 0 0 rg BT 294.59 162.70 Td (from ) Tj ET Q q 0 0 0 rg BT 315.94 162.70 Td (consideration ) Tj ET Q q 0 0 0 rg BT 371.73 162.70 Td (paid ) Tj ET Q q 0 0 0 rg BT 390.86 162.70 Td (by ) Tj ET Q q 0 0 0 rg BT 402.77 162.70 Td (customers ) Tj ET Q q 0 0 0 rg BT 445.23 162.70 Td (related ) Tj ET Q q 0 0 0 rg BT 474.34 162.70 Td (to ) Tj ET Q q 0 0 0 rg BT 484.03 162.70 Td (our ) Tj ET Q q 0 0 0 rg BT 499.27 162.70 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 521.18 162.70 Td (platforms, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.70 Td (related ) Tj ET Q q 0 0 0 rg BT 80.96 150.70 Td (services ) Tj ET Q q 0 0 0 rg BT 116.92 150.70 Td (and ) Tj ET Q q 0 0 0 rg BT 135.11 150.70 Td (the ) Tj ET Q q 0 0 0 rg BT 151.08 150.70 Td (licensing ) Tj ET Q q 0 0 0 rg BT 190.94 150.70 Td (of ) Tj ET Q q 0 0 0 rg BT 203.02 150.70 Td (software. ) Tj ET Q q 0 0 0 rg BT 242.88 150.70 Td (A) Tj ET Q q 0 0 0 rg BT 249.55 150.70 Td ( ) Tj ET Q q 0 0 0 rg BT 253.30 150.70 Td (typical ) Tj ET Q q 0 0 0 rg BT 284.27 150.70 Td (contract ) Tj ET Q q 0 0 0 rg BT 320.22 150.70 Td (for ) Tj ET Q q 0 0 0 rg BT 335.64 150.70 Td (our ) Tj ET Q q 0 0 0 rg BT 352.72 150.70 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 376.47 150.70 Td (platform ) Tj ET Q q 0 0 0 rg BT 414.66 150.70 Td (will ) Tj ET Q q 0 0 0 rg BT 433.97 150.70 Td (also ) Tj ET Q q 0 0 0 rg BT 453.83 150.70 Td (include ) Tj ET Q q 0 0 0 rg BT 487.02 150.70 Td (services ) Tj ET Q q 0 0 0 rg BT 522.98 150.70 Td (for ) Tj ET Q q 0 0 0 rg BT 538.40 150.70 Td (setup, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.70 Td (customization, ) Tj ET Q q 0 0 0 rg BT 111.46 138.70 Td (transaction ) Tj ET Q q 0 0 0 rg BT 158.20 138.70 Td (processing, ) Tj ET Q q 0 0 0 rg BT 206.33 138.70 Td (maintenance, ) Tj ET Q q 0 0 0 rg BT 262.23 138.70 Td (and/or ) Tj ET Q q 0 0 0 rg BT 290.64 138.70 Td (hosting. ) Tj ET Q q 0 0 0 rg BT 325.45 138.70 Td (Determining ) Tj ET Q q 0 0 0 rg BT 378.86 138.70 Td (whether ) Tj ET Q q 0 0 0 rg BT 413.93 138.70 Td (products ) Tj ET Q q 0 0 0 rg BT 451.24 138.70 Td (and ) Tj ET Q q 0 0 0 rg BT 468.54 138.70 Td (services ) Tj ET Q q 0 0 0 rg BT 503.61 138.70 Td (are ) Tj ET Q q 0 0 0 rg BT 518.68 138.70 Td (considered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.70 Td (distinct ) Tj ET Q q 0 0 0 rg BT 80.72 126.70 Td (performance ) Tj ET Q q 0 0 0 rg BT 132.51 126.70 Td (obligations ) Tj ET Q q 0 0 0 rg BT 178.23 126.70 Td (that ) Tj ET Q q 0 0 0 rg BT 194.50 126.70 Td (should ) Tj ET Q q 0 0 0 rg BT 222.44 126.70 Td (be ) Tj ET Q q 0 0 0 rg BT 233.15 126.70 Td (accounted ) Tj ET Q q 0 0 0 rg BT 274.96 126.70 Td (for ) Tj ET Q q 0 0 0 rg BT 287.89 126.70 Td (separately ) Tj ET Q q 0 0 0 rg BT 329.70 126.70 Td (may ) Tj ET Q q 0 0 0 rg BT 348.19 126.70 Td (require ) Tj ET Q q 0 0 0 rg BT 377.78 126.70 Td (significant ) Tj ET Q q 0 0 0 rg BT 421.26 126.70 Td (judgment. ) Tj ET Q q 0 0 0 rg BT 462.81 126.70 Td (Set-up ) Tj ET Q q 0 0 0 rg BT 490.19 126.70 Td (and ) Tj ET Q q 0 0 0 rg BT 505.90 126.70 Td (customization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.70 Td (services ) Tj ET Q q 0 0 0 rg BT 84.36 114.70 Td (related ) Tj ET Q q 0 0 0 rg BT 113.72 114.70 Td (to ) Tj ET Q q 0 0 0 rg BT 123.65 114.70 Td (our ) Tj ET Q q 0 0 0 rg BT 139.13 114.70 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 161.28 114.70 Td (platforms ) Tj ET Q q 0 0 0 rg BT 201.76 114.70 Td (are ) Tj ET Q q 0 0 0 rg BT 216.12 114.70 Td (not ) Tj ET Q q 0 0 0 rg BT 231.05 114.70 Td (considered ) Tj ET Q q 0 0 0 rg BT 276.52 114.70 Td (to ) Tj ET Q q 0 0 0 rg BT 286.46 114.70 Td (be ) Tj ET Q q 0 0 0 rg BT 298.05 114.70 Td (distinct ) Tj ET Q q 0 0 0 rg BT 329.64 114.70 Td (from ) Tj ET Q q 0 0 0 rg BT 351.24 114.70 Td (the ) Tj ET Q q 0 0 0 rg BT 365.61 114.70 Td (usage ) Tj ET Q q 0 0 0 rg BT 390.53 114.70 Td (fees ) Tj ET Q q 0 0 0 rg BT 408.78 114.70 Td (associated ) Tj ET Q q 0 0 0 rg BT 452.03 114.70 Td (with ) Tj ET Q q 0 0 0 rg BT 471.96 114.70 Td (the ) Tj ET Q q 0 0 0 rg BT 486.33 114.70 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 508.48 114.70 Td (platform ) Tj ET Q q 0 0 0 rg BT 545.07 114.70 Td (and, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.70 Td (accordingly) Tj ET Q q 0 0 0 rg BT 96.55 102.70 Td (, ) Tj ET Q q 0 0 0 rg BT 101.94 102.70 Td (are ) Tj ET Q q 0 0 0 rg BT 117.03 102.70 Td (accounted ) Tj ET Q q 0 0 0 rg BT 160.45 102.70 Td (for ) Tj ET Q q 0 0 0 rg BT 175.00 102.70 Td (as ) Tj ET Q q 0 0 0 rg BT 186.22 102.70 Td (a ) Tj ET Q q 0 0 0 rg BT 193.54 102.70 Td (single ) Tj ET Q q 0 0 0 rg BT 220.32 102.70 Td (performance ) Tj ET Q q 0 0 0 rg BT 273.73 102.70 Td (obligation. ) Tj ET Q q 0 0 0 rg BT 319.46 102.70 Td (These ) Tj ET Q q 0 0 0 rg BT 346.22 102.70 Td (services, ) Tj ET Q q 0 0 0 rg BT 383.82 102.70 Td (along ) Tj ET Q q 0 0 0 rg BT 408.92 102.70 Td (with ) Tj ET Q q 0 0 0 rg BT 429.59 102.70 Td (the ) Tj ET Q q 0 0 0 rg BT 444.69 102.70 Td (usage ) Tj ET Q q 0 0 0 rg BT 470.35 102.70 Td (or ) Tj ET Q q 0 0 0 rg BT 481.56 102.70 Td (transaction ) Tj ET Q q 0 0 0 rg BT 528.32 102.70 Td (fees, ) Tj ET Q q 0 0 0 rg BT 549.81 102.70 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.70 Td (recognized ) Tj ET Q q 0 0 0 rg BT 95.88 90.70 Td (over ) Tj ET Q q 0 0 0 rg BT 115.66 90.70 Td (the ) Tj ET Q q 0 0 0 rg BT 129.89 90.70 Td (contract ) Tj ET Q q 0 0 0 rg BT 164.10 90.70 Td (duration, ) Tj ET Q q 0 0 0 rg BT 201.94 90.70 Td (which ) Tj ET Q q 0 0 0 rg BT 228.39 90.70 Td (considers ) Tj ET Q q 0 0 0 rg BT 268.17 90.70 Td (the ) Tj ET Q q 0 0 0 rg BT 282.40 90.70 Td (significance ) Tj ET Q q 0 0 0 rg BT 332.73 90.70 Td (of ) Tj ET Q q 0 0 0 rg BT 343.07 90.70 Td (the ) Tj ET Q q 0 0 0 rg BT 357.30 90.70 Td (upfront ) Tj ET Q q 0 0 0 rg BT 388.75 90.70 Td (fees ) Tj ET Q q 0 0 0 rg BT 406.86 90.70 Td (in ) Tj ET Q q 0 0 0 rg BT 416.66 90.70 Td (the ) Tj ET Q q 0 0 0 rg BT 430.89 90.70 Td (context ) Tj ET Q q 0 0 0 rg BT 462.33 90.70 Td (of ) Tj ET Q q 0 0 0 rg BT 472.68 90.70 Td (the ) Tj ET Q q 0 0 0 rg BT 486.91 90.70 Td (contract ) Tj ET Q q 0 0 0 rg BT 521.12 90.70 Td (and ) Tj ET Q q 0 0 0 rg BT 537.57 90.70 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.70 Td (may) Tj ET Q q 0 0 0 rg BT 66.57 78.70 Td (, ) Tj ET Q q 0 0 0 rg BT 71.99 78.70 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 113.50 78.70 Td (exceed ) Tj ET Q q 0 0 0 rg BT 144.18 78.70 Td (the ) Tj ET Q q 0 0 0 rg BT 159.32 78.70 Td (initial ) Tj ET Q q 0 0 0 rg BT 185.58 78.70 Td (contracted ) Tj ET Q q 0 0 0 rg BT 230.14 78.70 Td (term. ) Tj ET Q q 0 0 0 rg BT 253.25 78.70 Td (A) Tj ET Q q 0 0 0 rg BT 259.92 78.70 Td ( ) Tj ET Q q 0 0 0 rg BT 262.84 78.70 Td (customer's ) Tj ET Q q 0 0 0 rg BT 308.11 78.70 Td (transaction ) Tj ET Q q 0 0 0 rg BT 354.91 78.70 Td (volume ) Tj ET Q q 0 0 0 rg BT 387.83 78.70 Td (tends ) Tj ET Q q 0 0 0 rg BT 411.86 78.70 Td (to ) Tj ET Q q 0 0 0 rg BT 422.57 78.70 Td (remain ) Tj ET Q q 0 0 0 rg BT 453.26 78.70 Td (fairly ) Tj ET Q q 0 0 0 rg BT 477.84 78.70 Td (consistent ) Tj ET Q q 0 0 0 rg BT 520.76 78.70 Td (during ) Tj ET Q q 0 0 0 rg BT 549.79 78.70 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.70 Td (contract ) Tj ET Q q 0 0 0 rg BT 84.45 66.70 Td (period ) Tj ET Q q 0 0 0 rg BT 112.24 66.70 Td (without ) Tj ET Q q 0 0 0 rg BT 145.04 66.70 Td (significant ) Tj ET Q q 0 0 0 rg BT 189.50 66.70 Td (fluctuations. ) Tj ET Q q 0 0 0 rg BT 241.29 66.70 Td (The ) Tj ET Q q 0 0 0 rg BT 259.08 66.70 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 295.76 66.70 Td (amount ) Tj ET Q q 0 0 0 rg BT 328.00 66.70 Td (is ) Tj ET Q q 0 0 0 rg BT 336.92 66.70 Td (a ) Tj ET Q q 0 0 0 rg BT 343.60 66.70 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 388.60 66.70 Td (approximation ) Tj ET Q q 0 0 0 rg BT 449.17 66.70 Td (of ) Tj ET Q q 0 0 0 rg BT 459.74 66.70 Td (the ) Tj ET Q q 0 0 0 rg BT 474.20 66.70 Td (revenue ) Tj ET Q q 0 0 0 rg BT 508.09 66.70 Td (that ) Tj ET Q q 0 0 0 rg BT 525.33 66.70 Td (would ) Tj ET Q q 0 0 0 rg BT 552.58 66.70 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 54.70 Td (allocated ) Tj ET Q q 0 0 0 rg BT 88.10 54.70 Td (to ) Tj ET Q q 0 0 0 rg BT 97.89 54.70 Td (the ) Tj ET Q q 0 0 0 rg BT 112.11 54.70 Td (related ) Tj ET Q q 0 0 0 rg BT 141.32 54.70 Td (period ) Tj ET Q q 0 0 0 rg BT 168.88 54.70 Td (under ) Tj ET Q q 0 0 0 rg BT 193.66 54.70 Td (the ) Tj ET Q q 0 0 0 rg BT 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Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td (Softwar) Tj ET Q q 0 0 0 rg BT 80.75 530.10 Td (e Licenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 508.10 Td (Software license revenues attributable to a software license that is a separate performance obligation are recognized at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td (the point in time that the customer obtains control of the license.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 474.10 Td (Subscription Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 450.10 Td (Subscription services revenues are associated with performance obligations that are satisfied over specific time periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.10 Td (and primarily consist of post-contract support services. Revenue is generally recognized ratably over the contract term. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.10 Td (subscription contracts are generally for an initial three-year period with subsequent one-year automatic renewals.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 402.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.01 402.10 Td (ransaction Fees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 378.10 Td (T) Tj ET Q q 0 0 0 rg BT 91.76 378.10 Td (ransaction ) Tj ET Q q 0 0 0 rg BT 136.27 378.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 171.34 378.10 Td (is ) Tj ET Q q 0 0 0 rg BT 181.43 378.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 226.51 378.10 Td (of ) Tj ET Q q 0 0 0 rg BT 238.26 378.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 257.78 378.10 Td (applied ) Tj ET Q q 0 0 0 rg BT 290.64 378.10 Td (to ) Tj ET Q q 0 0 0 rg BT 301.84 378.10 Td (the ) Tj ET Q q 0 0 0 rg BT 317.48 378.10 Td (volume ) Tj ET Q q 0 0 0 rg BT 350.89 378.10 Td (of ) Tj ET Q q 0 0 0 rg BT 362.64 378.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 413.83 378.10 Td (that ) Tj ET Q q 0 0 0 rg BT 432.25 378.10 Td (are ) Tj ET Q q 0 0 0 rg BT 447.88 378.10 Td (processed ) Tj ET Q q 0 0 0 rg BT 490.73 378.10 Td (through ) Tj ET Q q 0 0 0 rg BT 525.26 378.10 Td (our ) Tj ET Q q 0 0 0 rg BT 542.01 378.10 Td (SaaS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.10 Td (platforms. ) Tj ET Q q 0 0 0 rg BT 93.10 366.10 Td (These ) Tj ET Q q 0 0 0 rg BT 119.42 366.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 137.97 366.10 Td (are ) Tj ET Q q 0 0 0 rg BT 152.63 366.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 190.06 366.10 Td (based ) Tj ET Q q 0 0 0 rg BT 215.28 366.10 Td (on ) Tj ET Q q 0 0 0 rg BT 227.73 366.10 Td (a ) Tj ET Q q 0 0 0 rg BT 234.62 366.10 Td (per) Tj ET Q q 0 0 0 rg BT 247.19 366.10 Td (-transaction ) Tj ET Q q 0 0 0 rg BT 296.84 366.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 314.27 366.10 Td (and ) Tj ET Q q 0 0 0 rg BT 331.16 366.10 Td (are ) Tj ET Q q 0 0 0 rg BT 345.81 366.10 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 382.70 366.10 Td (for ) Tj ET Q q 0 0 0 rg BT 396.81 366.10 Td (the ) Tj ET Q q 0 0 0 rg BT 411.47 366.10 Td (same ) Tj ET Q q 0 0 0 rg BT 434.47 366.10 Td (period ) Tj ET Q q 0 0 0 rg BT 462.46 366.10 Td (in ) Tj ET Q q 0 0 0 rg BT 472.69 366.10 Td (which ) Tj ET Q q 0 0 0 rg BT 499.58 366.10 Td (the ) Tj ET Q q 0 0 0 rg BT 514.24 366.10 Td (transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.10 Td (were ) Tj ET Q q 0 0 0 rg BT 72.35 354.10 Td (processed ) Tj ET Q q 0 0 0 rg BT 114.71 354.10 Td (and ) Tj ET Q q 0 0 0 rg BT 132.07 354.10 Td (as ) Tj ET Q q 0 0 0 rg BT 143.33 354.10 Td (the ) Tj ET Q q 0 0 0 rg BT 158.47 354.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 211.92 354.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 255.40 354.10 Td (is ) Tj ET Q q 0 0 0 rg BT 265.00 354.10 Td (satisfied. ) Tj ET Q q 0 0 0 rg BT 303.54 354.10 Td (The ) Tj ET Q q 0 0 0 rg BT 322.01 354.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 354.93 354.10 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 392.29 354.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 432.42 354.10 Td (equals ) Tj ET Q q 0 0 0 rg BT 460.89 354.10 Td (the ) Tj ET Q q 0 0 0 rg BT 476.04 354.10 Td (value ) Tj ET Q q 0 0 0 rg BT 500.62 354.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 539.09 354.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.79 354.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.10 Td (customer) Tj ET Q q 0 0 0 rg BT 86.25 342.10 Td (, ) Tj ET Q q 0 0 0 rg BT 91.25 342.10 Td (and ) Tj ET Q q 0 0 0 rg BT 108.19 342.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 142.34 342.10 Td (is ) Tj ET Q q 0 0 0 rg BT 151.51 342.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 189.00 342.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 235.36 342.10 Td (when ) Tj ET Q q 0 0 0 rg BT 259.52 342.10 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 296.46 342.10 Td (using ) Tj ET Q q 0 0 0 rg BT 320.63 342.10 Td (the ) Tj ET Q q 0 0 0 rg BT 335.34 342.10 Td (as-invoiced ) Tj ET Q q 0 0 0 rg BT 383.94 342.10 Td (practical ) Tj ET Q q 0 0 0 rg BT 420.85 342.10 Td (expedient.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 318.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.63 318.10 Td (ofessional ) Tj ET Q q 0 0 0 rg BT 102.69 318.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 294.10 Td (Professional ) Tj ET Q q 0 0 0 rg BT 138.81 294.10 Td (service ) Tj ET Q q 0 0 0 rg BT 170.51 294.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 205.53 294.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 246.12 294.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 281.16 294.10 Td (of ) Tj ET Q q 0 0 0 rg BT 292.87 294.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 312.35 294.10 Td (for ) Tj ET Q q 0 0 0 rg BT 327.38 294.10 Td (setup, ) Tj ET Q q 0 0 0 rg BT 354.37 294.10 Td (customization, ) Tj ET Q q 0 0 0 rg BT 416.34 294.10 Td (training, ) Tj ET Q q 0 0 0 rg BT 453.32 294.10 Td (or ) Tj ET Q q 0 0 0 rg BT 465.03 294.10 Td (consulting. ) Tj ET Q q 0 0 0 rg BT 512.57 294.10 Td (Professional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.10 Td (service ) Tj ET Q q 0 0 0 rg BT 80.53 282.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 98.84 282.10 Td (are ) Tj ET Q q 0 0 0 rg BT 113.25 282.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 152.67 282.10 Td (on ) Tj ET Q q 0 0 0 rg BT 164.88 282.10 Td (either ) Tj ET Q q 0 0 0 rg BT 189.85 282.10 Td (a ) Tj ET Q q 0 0 0 rg BT 196.50 282.10 Td (time ) Tj ET Q q 0 0 0 rg BT 216.49 282.10 Td (and ) Tj ET Q q 0 0 0 rg BT 233.14 282.10 Td (materials ) Tj ET Q q 0 0 0 rg BT 272.00 282.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 294.21 282.10 Td (or ) Tj ET Q q 0 0 0 rg BT 304.75 282.10 Td (a ) Tj ET Q q 0 0 0 rg BT 311.40 282.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 334.16 282.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 348.57 282.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 373.29 282.10 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 414.37 282.10 Td (for ) Tj ET Q q 0 0 0 rg BT 428.24 282.10 Td (time ) Tj ET Q q 0 0 0 rg BT 448.23 282.10 Td (and ) Tj ET Q q 0 0 0 rg BT 464.88 282.10 Td (materials ) Tj ET Q q 0 0 0 rg BT 503.74 282.10 Td (are ) Tj ET Q q 0 0 0 rg BT 518.16 282.10 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.10 Td (as ) Tj ET Q q 0 0 0 rg BT 61.01 270.10 Td (such ) Tj ET Q q 0 0 0 rg BT 82.03 270.10 Td (services ) Tj ET Q q 0 0 0 rg BT 116.92 270.10 Td (are ) Tj ET Q q 0 0 0 rg BT 131.81 270.10 Td (rendered, ) Tj ET Q q 0 0 0 rg BT 171.97 270.10 Td (while ) Tj ET Q q 0 0 0 rg BT 196.87 270.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 220.11 270.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 235.00 270.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 273.22 270.10 Td (are ) Tj ET Q q 0 0 0 rg BT 288.11 270.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 334.66 270.10 Td (based ) Tj ET Q q 0 0 0 rg BT 360.11 270.10 Td (on ) Tj ET Q q 0 0 0 rg BT 372.79 270.10 Td (the ) Tj ET Q q 0 0 0 rg BT 387.70 270.10 Td (input ) Tj ET Q q 0 0 0 rg BT 410.94 270.10 Td (method ) Tj ET Q q 0 0 0 rg BT 443.62 270.10 Td (that ) Tj ET Q q 0 0 0 rg BT 461.30 270.10 Td (is ) Tj ET Q q 0 0 0 rg BT 470.65 270.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 498.88 270.10 Td (by ) Tj ET Q q 0 0 0 rg BT 511.57 270.10 Td (the ) Tj ET Q q 0 0 0 rg BT 526.47 270.10 Td (expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.10 Td (hours ) Tj ET Q q 0 0 0 rg BT 74.96 258.10 Td (to ) Tj ET Q q 0 0 0 rg BT 85.49 258.10 Td (complete ) Tj ET Q q 0 0 0 rg BT 124.88 258.10 Td (the ) Tj ET Q q 0 0 0 rg BT 139.84 258.10 Td (project ) Tj ET Q q 0 0 0 rg BT 170.35 258.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 211.41 258.10 Td (against ) Tj ET Q q 0 0 0 rg BT 242.47 258.10 Td (the ) Tj ET Q q 0 0 0 rg BT 257.43 258.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 284.05 258.10 Td (hours ) Tj ET Q q 0 0 0 rg BT 309.01 258.10 Td (completed ) Tj ET Q q 0 0 0 rg BT 353.41 258.10 Td (to ) Tj ET Q q 0 0 0 rg BT 363.93 258.10 Td (date. ) Tj ET Q q 0 0 0 rg BT 385.83 258.10 Td (Professional ) Tj ET Q q 0 0 0 rg BT 438.01 258.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 475.46 258.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 524.29 258.10 Td (related ) Tj ET Q q 0 0 0 rg BT 554.24 258.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.10 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 74.20 246.10 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 119.22 246.10 Td (may ) Tj ET Q q 0 0 0 rg BT 140.63 246.10 Td (have ) Tj ET Q q 0 0 0 rg BT 163.70 246.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 210.11 246.10 Td (dependencies ) Tj ET Q q 0 0 0 rg BT 268.17 246.10 Td (on ) Tj ET Q q 0 0 0 rg BT 282.36 246.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.78 246.10 Td (related ) Tj ET Q q 0 0 0 rg BT 330.17 246.10 Td (licensed ) Tj ET Q q 0 0 0 rg BT 367.13 246.10 Td (software ) Tj ET Q q 0 0 0 rg BT 405.76 246.10 Td (and ) Tj ET Q q 0 0 0 rg BT 424.39 246.10 Td (may ) Tj ET Q q 0 0 0 rg BT 445.81 246.10 Td (not ) Tj ET Q q 0 0 0 rg BT 462.78 246.10 Td (be ) Tj ET Q q 0 0 0 rg BT 476.41 246.10 Td (considered ) Tj ET Q q 0 0 0 rg BT 523.92 246.10 Td (a ) Tj ET Q q 0 0 0 rg BT 532.56 246.10 Td (distinct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 103.02 234.10 Td (obligation.) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 208.53505859375002 m 200.8154296875 208.53505859375002 l s q 0 0 0 rg BT 50.00 210.10 Td (Risk ) Tj ET Q q 0 0 0 rg BT 71.95 210.10 Td (Compliance ) Tj ET Q q 0 0 0 rg BT 125.56 210.10 Td (Services ) Tj ET Q q 0 0 0 rg BT 163.05 210.10 Td (\("RCS"\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 186.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 186.10 Td (RCS ) Tj ET Q q 0 0 0 rg BT 107.42 186.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 145.48 186.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 175.77 186.10 Td (of ) Tj ET Q q 0 0 0 rg BT 186.62 186.10 Td (two ) Tj ET Q q 0 0 0 rg BT 204.14 186.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 238.30 186.10 Td (streams ) Tj ET Q q 0 0 0 rg BT 271.37 186.10 Td (- ) Tj ET Q q 0 0 0 rg BT 277.22 186.10 Td (Certificates ) Tj ET Q q 0 0 0 rg BT 325.83 186.10 Td (of ) Tj ET Q q 0 0 0 rg BT 336.67 186.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 378.06 186.10 Td (\(COI\) ) Tj ET Q q 0 0 0 rg BT 404.46 186.10 Td (and ) Tj ET Q q 0 0 0 rg BT 421.42 186.10 Td (Consulting ) Tj ET Q q 0 0 0 rg BT 467.83 186.10 Td (Services. ) Tj ET Q q 0 0 0 rg BT 506.73 186.10 Td (COI ) Tj ET Q q 0 0 0 rg BT 526.47 186.10 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.10 Td (are ) Tj ET Q q 0 0 0 rg BT 64.08 174.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 95.94 174.10 Td (from ) Tj ET Q q 0 0 0 rg BT 117.26 174.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 173.00 174.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 192.09 174.10 Td (by ) Tj ET Q q 0 0 0 rg BT 203.97 174.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 246.39 174.10 Td (for ) Tj ET Q q 0 0 0 rg BT 259.93 174.10 Td (the ) Tj ET Q q 0 0 0 rg BT 274.02 174.10 Td (creation ) Tj ET Q q 0 0 0 rg BT 308.10 174.10 Td (and ) Tj ET Q q 0 0 0 rg BT 324.41 174.10 Td (tracking ) Tj ET Q q 0 0 0 rg BT 359.05 174.10 Td (of ) Tj ET Q q 0 0 0 rg BT 369.25 174.10 Td (certificates ) Tj ET Q q 0 0 0 rg BT 414.99 174.10 Td (of ) Tj ET Q q 0 0 0 rg BT 425.19 174.10 Td (insurance. ) Tj ET Q q 0 0 0 rg BT 467.75 174.10 Td (These ) Tj ET Q q 0 0 0 rg BT 493.50 174.10 Td (are ) Tj ET Q q 0 0 0 rg BT 507.58 174.10 Td (transactional-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.10 Td (based ) Tj ET Q q 0 0 0 rg BT 75.51 162.10 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 116.28 162.10 Td (Consulting ) Tj ET Q q 0 0 0 rg BT 162.91 162.10 Td (Services ) Tj ET Q q 0 0 0 rg BT 199.53 162.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 237.80 162.10 Td (are ) Tj ET Q q 0 0 0 rg BT 252.74 162.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 281.03 162.10 Td (by ) Tj ET Q q 0 0 0 rg BT 293.76 162.10 Td (distinct ) Tj ET Q q 0 0 0 rg BT 325.94 162.10 Td (consulting ) Tj ET Q q 0 0 0 rg BT 370.35 162.10 Td (service ) Tj ET Q q 0 0 0 rg BT 401.40 162.10 Td (engagements ) Tj ET Q q 0 0 0 rg BT 456.34 162.10 Td (rendered ) Tj ET Q q 0 0 0 rg BT 494.05 162.10 Td (to ) Tj ET Q q 0 0 0 rg BT 504.57 162.10 Td (customers, ) Tj ET Q q 0 0 0 rg BT 550.35 162.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.10 Td (which ) Tj ET Q q 0 0 0 rg BT 76.94 150.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 114.98 150.10 Td (are ) Tj ET Q q 0 0 0 rg BT 129.68 150.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 176.04 150.10 Td (using ) Tj ET Q q 0 0 0 rg BT 200.21 150.10 Td (the ) Tj ET Q q 0 0 0 rg BT 214.93 150.10 Td (output ) Tj ET Q q 0 0 0 rg BT 242.99 150.10 Td (method ) Tj ET Q q 0 0 0 rg BT 275.48 150.10 Td (on ) Tj ET Q q 0 0 0 rg BT 287.98 150.10 Td (a ) Tj ET Q q 0 0 0 rg BT 294.92 150.10 Td (time ) Tj ET Q q 0 0 0 rg BT 315.20 150.10 Td (and ) Tj ET Q q 0 0 0 rg BT 332.13 150.10 Td (material ) Tj ET Q q 0 0 0 rg BT 367.39 150.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 389.89 150.10 Td (as ) Tj ET Q q 0 0 0 rg BT 400.72 150.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.44 150.10 Td (services ) Tj ET Q q 0 0 0 rg BT 450.15 150.10 Td (are ) Tj ET Q q 0 0 0 rg BT 464.85 150.10 Td (performed.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 126.10 Td (COI Cr) Tj ET Q q 0 0 0 rg BT 79.91 126.10 Td (eation and T) Tj ET Q q 0 0 0 rg BT 129.92 126.10 Td (racking) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 102.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.98 102.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.31 102.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 182.18 102.10 Td (services ) Tj ET Q q 0 0 0 rg BT 216.83 102.10 Td (to ) Tj ET Q q 0 0 0 rg BT 227.04 102.10 Td (issue ) Tj ET Q q 0 0 0 rg BT 249.48 102.10 Td (and ) Tj ET Q q 0 0 0 rg BT 266.35 102.10 Td (track ) Tj ET Q q 0 0 0 rg BT 288.77 102.10 Td (certificates ) Tj ET Q q 0 0 0 rg BT 335.07 102.10 Td (of ) Tj ET Q q 0 0 0 rg BT 345.83 102.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 386.59 102.10 Td (in ) Tj ET Q q 0 0 0 rg BT 396.80 102.10 Td (the ) Tj ET Q q 0 0 0 rg BT 411.45 102.10 Td (United ) Tj ET Q q 0 0 0 rg BT 441.11 102.10 Td (States ) Tj ET Q q 0 0 0 rg BT 467.43 102.10 Td (and ) Tj ET Q q 0 0 0 rg BT 483.77 102.10 Td (Australian ) Tj ET Q q 0 0 0 rg BT 527.86 102.10 Td (markets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 87.42 90.10 Td (is ) Tj ET Q q 0 0 0 rg BT 96.52 90.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 128.94 90.10 Td (from ) Tj ET Q q 0 0 0 rg BT 150.81 90.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 197.12 90.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 215.65 90.10 Td (for ) Tj ET Q q 0 0 0 rg BT 229.74 90.10 Td (each ) Tj ET Q q 0 0 0 rg BT 250.49 90.10 Td (certificate ) Tj ET Q q 0 0 0 rg BT 292.89 90.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 320.32 90.10 Td (or ) Tj ET Q q 0 0 0 rg BT 331.09 90.10 Td (tracked. ) Tj ET Q q 0 0 0 rg BT 365.27 90.10 Td (The ) Tj ET Q q 0 0 0 rg BT 383.25 90.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 424.57 90.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 469.75 90.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 503.83 90.10 Td (at ) Tj ET Q q 0 0 0 rg BT 513.48 90.10 Td (the ) Tj ET Q q 0 0 0 rg BT 528.13 90.10 Td (issuance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 78.10 Td (each ) Tj ET Q q 0 0 0 rg BT 81.65 78.10 Td (certificate ) Tj ET Q q 0 0 0 rg BT 124.11 78.10 Td (or ) Tj ET Q q 0 0 0 rg BT 134.94 78.10 Td (over ) Tj ET Q q 0 0 0 rg BT 155.21 78.10 Td (the ) Tj ET Q q 0 0 0 rg BT 169.93 78.10 Td (period ) Tj ET Q q 0 0 0 rg BT 197.97 78.10 Td (the ) Tj ET Q q 0 0 0 rg BT 212.69 78.10 Td (certificate ) Tj ET Q q 0 0 0 rg BT 255.16 78.10 Td (is ) Tj ET Q q 0 0 0 rg BT 264.33 78.10 Td (being ) Tj ET Q q 0 0 0 rg BT 289.04 78.10 Td (tracked.) Tj ET Q endstream endobj 41 0 obj <>] /Rotate 0 /Contents 42 0 R>> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (18) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Consulting ) Tj ET Q q 0 0 0 rg BT 96.40 742.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 718.10 Td (The ) Tj ET Q q 0 0 0 rg BT 105.62 718.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 148.57 718.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 187.08 718.10 Td (consulting ) Tj ET Q q 0 0 0 rg BT 232.81 718.10 Td (services ) Tj ET Q q 0 0 0 rg BT 269.09 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 280.93 718.10 Td (clients ) Tj ET Q q 0 0 0 rg BT 311.10 718.10 Td (around ) Tj ET Q q 0 0 0 rg BT 342.94 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.23 718.10 Td (world ) Tj ET Q q 0 0 0 rg BT 386.63 718.10 Td (for ) Tj ET Q q 0 0 0 rg BT 402.35 718.10 Td (project ) Tj ET Q q 0 0 0 rg BT 434.19 718.10 Td (management ) Tj ET Q q 0 0 0 rg BT 489.34 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 507.85 718.10 Td (development. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Consulting ) Tj ET Q q 0 0 0 rg BT 96.61 706.10 Td (services ) Tj ET Q q 0 0 0 rg BT 131.52 706.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 150.33 706.10 Td (are ) Tj ET Q q 0 0 0 rg BT 165.25 706.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 205.16 706.10 Td (on ) Tj ET Q q 0 0 0 rg BT 217.87 706.10 Td (either ) Tj ET Q q 0 0 0 rg BT 243.34 706.10 Td (a ) Tj ET Q q 0 0 0 rg BT 250.49 706.10 Td (time ) Tj ET Q q 0 0 0 rg BT 270.98 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 288.13 706.10 Td (materials ) Tj ET Q q 0 0 0 rg BT 327.49 706.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 350.20 706.10 Td (or ) Tj ET Q q 0 0 0 rg BT 361.24 706.10 Td (a ) Tj ET Q q 0 0 0 rg BT 368.38 706.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 391.64 706.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 406.56 706.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 431.77 706.10 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 473.35 706.10 Td (for ) Tj ET Q q 0 0 0 rg BT 487.72 706.10 Td (time ) Tj ET Q q 0 0 0 rg BT 508.21 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 525.36 706.10 Td (materials ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (are ) Tj ET Q q 0 0 0 rg BT 64.94 694.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 111.54 694.10 Td (using ) Tj ET Q q 0 0 0 rg BT 135.95 694.10 Td (an ) Tj ET Q q 0 0 0 rg BT 148.12 694.10 Td (output ) Tj ET Q q 0 0 0 rg BT 176.41 694.10 Td (method ) Tj ET Q q 0 0 0 rg BT 209.14 694.10 Td (as ) Tj ET Q q 0 0 0 rg BT 220.21 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 235.16 694.10 Td (services ) Tj ET Q q 0 0 0 rg BT 270.11 694.10 Td (are ) Tj ET Q q 0 0 0 rg BT 285.05 694.10 Td (rendered, ) Tj ET Q q 0 0 0 rg BT 325.26 694.10 Td (while ) Tj ET Q q 0 0 0 rg BT 350.21 694.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 373.50 694.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 388.44 694.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 426.71 694.10 Td (are ) Tj ET Q q 0 0 0 rg BT 441.65 694.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 488.25 694.10 Td (based ) Tj ET Q q 0 0 0 rg BT 513.76 694.10 Td (on ) Tj ET Q q 0 0 0 rg BT 526.49 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 541.45 694.10 Td (input ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (method ) Tj ET Q q 0 0 0 rg BT 82.50 682.10 Td (that ) Tj ET Q q 0 0 0 rg BT 99.99 682.10 Td (is ) Tj ET Q q 0 0 0 rg BT 109.16 682.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 137.21 682.10 Td (by ) Tj ET Q q 0 0 0 rg BT 149.71 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.42 682.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 202.46 682.10 Td (hours ) Tj ET Q q 0 0 0 rg BT 227.18 682.10 Td (to ) Tj ET Q q 0 0 0 rg BT 237.46 682.10 Td (complete ) Tj ET Q q 0 0 0 rg BT 276.61 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 291.32 682.10 Td (project ) Tj ET Q q 0 0 0 rg BT 321.59 682.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 362.40 682.10 Td (against ) Tj ET Q q 0 0 0 rg BT 393.23 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 407.94 682.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 434.32 682.10 Td (hours ) Tj ET Q q 0 0 0 rg BT 459.04 682.10 Td (completed ) Tj ET Q q 0 0 0 rg BT 503.19 682.10 Td (to ) Tj ET Q q 0 0 0 rg BT 513.47 682.10 Td (date.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (Disaggregation ) Tj ET Q q 0 0 0 rg BT 115.84 650.10 Td (of ) Tj ET Q q 0 0 0 rg BT 126.67 650.10 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 630.10 Td (The following tables present revenue disaggregated by primary geographical regions and product/service channels for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.72 618.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.70 618.10 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.53 618.10 Td (March31, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.13 618.10 Td ( and 2019:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 127.50 525.60 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 525.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 525.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 127.50 495.60 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 495.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 495.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 127.50 465.60 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 465.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 465.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 127.50 435.60 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 435.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 435.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 435.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 435.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 127.50 405.60 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 405.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 405.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 405.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 405.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 127.50 375.60 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 375.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 375.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 375.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 375.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 127.50 345.60 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 345.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 345.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 345.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 345.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 579.6 m 430.5 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 555.6 m 430.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 579.6 m 434.5 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 555.6 m 434.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 579.6 m 483.5 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 555.6 m 483.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 127.5 540.6 m 377.5 540.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 540.6 m 430.5 540.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 540.6 m 483.5 540.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 525.6 m 430.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 525.6 m 483.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 360.6 m 430.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 346.6 m 430.5 346.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 344.6 m 430.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 360.6 m 483.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 346.6 m 483.5 346.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 344.6 m 483.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 345.6 m 430.5 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 345.6 m 483.5 345.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.50 570.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 403.08 570.28 Td (ee Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.15 560.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 428.94 560.28 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.00 546.33 Td (Revenue:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.50 545.28 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.50 545.28 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.00 530.28 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 515.27 Td (India*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.00 515.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 515.27 Td (73,915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.00 515.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 515.27 Td (72,908) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 500.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 500.27 Td (41,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 500.27 Td (46,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 485.27 Td (Australia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 485.27 Td (8,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 485.27 Td (8,625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 470.27 Td (Latin ) Tj ET Q q 0 0 0 rg BT 153.33 470.27 Td (America) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 470.27 Td (4,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 470.27 Td (4,022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 455.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 455.27 Td (3,281) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 455.27 Td (3,787) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 440.27 Td (Indonesia*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 440.27 Td (2,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 440.27 Td (2,545) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 425.27 Td (Singapore*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 425.27 Td (1,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 425.27 Td (2,129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 410.27 Td (Philippines*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 410.27 Td (1,276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 410.27 Td (1,150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 395.27 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 395.27 Td (1,1) Tj ET Q q 0 0 0 rg BT 416.65 395.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 395.27 Td (1,051) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 380.27 Td (New Zealand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.65 380.27 Td (435) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 380.27 Td (522) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 365.27 Td (United ) Tj ET Q q 0 0 0 rg BT 159.17 365.27 Td (Arab Emirates*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.65 365.27 Td (125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 365.27 Td (1) Tj ET Q q 0 0 0 rg BT 469.65 365.27 Td (10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.00 350.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.10 350.28 Td (137,876) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.00 350.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.10 350.28 Td (142,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 320.27 Td (*Primarily ) Tj ET Q q 0 0 0 rg BT 176.34 320.27 Td (India ) Tj ET Q q 0 0 0 rg BT 200.46 320.27 Td (led ) Tj ET Q q 0 0 0 rg BT 216.25 320.27 Td (businesses ) Tj ET Q q 0 0 0 rg BT 262.04 320.27 Td (for ) Tj ET Q q 0 0 0 rg BT 277.27 320.27 Td (which ) Tj ET Q q 0 0 0 rg BT 305.28 320.27 Td (total ) Tj ET Q q 0 0 0 rg BT 326.63 320.27 Td (revenue ) Tj ET Q q 0 0 0 rg BT 361.84 320.27 Td (was ) Tj ET Q q 0 0 0 rg BT 380.97 320.27 Td ($77.9 ) Tj ET Q q 0 0 0 rg BT 407.04 320.27 Td (million ) Tj ET Q q 0 0 0 rg BT 439.50 320.27 Td (and ) Tj ET Q q 0 0 0 rg BT 457.51 320.27 Td ($77.7 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 310.27 Td (million ) Tj ET Q q 0 0 0 rg BT 161.39 310.27 Td (for ) Tj ET Q q 0 0 0 rg BT 175.55 310.27 Td (the ) Tj ET Q q 0 0 0 rg BT 190.27 310.27 Td (three ) Tj ET Q q 0 0 0 rg BT 212.75 310.27 Td (months ) Tj ET Q q 0 0 0 rg BT 244.70 310.27 Td (ended ) Tj ET Q q 0 0 0 rg BT 271.08 310.27 Td (March ) Tj ET Q q 0 0 0 rg BT 299.68 310.27 Td (31, ) Tj ET Q q 0 0 0 rg BT 314.68 310.27 Td (2020 ) Tj ET Q q 0 0 0 rg BT 337.18 310.27 Td (and ) Tj ET Q q 0 0 0 rg BT 354.12 310.27 Td (2019, ) Tj ET Q q 0 0 0 rg BT 379.12 310.27 Td (respectively) Tj ET Q q 0 0 0 rg BT 426.78 310.27 Td (.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 284.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.96 284.10 Td (Company) Tj ET Q q 0 0 0 rg BT 145.63 284.10 Td (s ) Tj ET Q q 0 0 0 rg BT 151.93 284.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 189.88 284.10 Td (are ) Tj ET Q q 0 0 0 rg BT 204.50 284.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 236.90 284.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.75 284.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.74 284.10 Td ( ) Tj ET Q q 0 0 0 rg BT 281.15 284.10 Td (product/service ) Tj ET Q q 0 0 0 rg BT 345.21 284.10 Td (channels: ) Tj ET Q q 0 0 0 rg BT 385.38 284.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 426.68 284.10 Td (Exchanges, ) Tj ET Q q 0 0 0 rg BT 474.91 284.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 516.19 284.10 Td (Exchanges, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 272.10 Td (Risk ) Tj ET Q q 0 0 0 rg BT 87.78 272.10 Td (Compliance ) Tj ET Q q 0 0 0 rg BT 138.60 272.10 Td (Solutions ) Tj ET Q q 0 0 0 rg BT 178.89 272.10 Td (\("RCS"\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 250.10 Td (Presented ) Tj ET Q q 0 0 0 rg BT 127.80 250.10 Td (in ) Tj ET Q q 0 0 0 rg BT 138.51 250.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.65 250.10 Td (table ) Tj ET Q q 0 0 0 rg BT 176.01 250.10 Td (below ) Tj ET Q q 0 0 0 rg BT 203.38 250.10 Td (is ) Tj ET Q q 0 0 0 rg BT 212.98 250.10 Td (the ) Tj ET Q q 0 0 0 rg BT 228.12 250.10 Td (breakout ) Tj ET Q q 0 0 0 rg BT 266.03 250.10 Td (of ) Tj ET Q q 0 0 0 rg BT 277.29 250.10 Td (our ) Tj ET Q q 0 0 0 rg BT 293.55 250.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 328.12 250.10 Td (streams ) Tj ET Q q 0 0 0 rg BT 361.60 250.10 Td (for ) Tj ET Q q 0 0 0 rg BT 376.18 250.10 Td (each ) Tj ET Q q 0 0 0 rg BT 397.43 250.10 Td (of ) Tj ET Q q 0 0 0 rg BT 408.68 250.10 Td (those ) Tj ET Q q 0 0 0 rg BT 432.72 250.10 Td (product/service ) Tj ET Q q 0 0 0 rg BT 497.29 250.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 535.20 250.10 Td (for ) Tj ET Q q 0 0 0 rg BT 549.79 250.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.99 238.10 Td ( ) Tj ET Q q 0 0 0 rg BT 72.49 238.10 Td (months ) Tj ET Q q 0 0 0 rg BT 104.43 238.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.81 238.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 174.41 238.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.41 238.10 Td ( ) Tj ET Q q 0 0 0 rg BT 196.91 238.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.85 238.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.85 238.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 129.50 160.60 250.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 160.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 160.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 160.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 129.50 132.60 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 132.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 132.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 215.60000000000002 m 428.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 215.60000000000002 m 432.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 215.60000000000002 m 481.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 187.60000000000002 m 428.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 187.60000000000002 m 432.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 187.60000000000002 m 481.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 187.60000000000002 m 428.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 174.60000000000002 m 428.5 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 187.60000000000002 m 481.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 174.60000000000002 m 481.5 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 160.60000000000002 m 428.5 160.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 160.60000000000002 m 432.5 160.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 160.60000000000002 m 481.5 160.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 117.60000000000002 m 428.5 117.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 105.60000000000002 m 428.5 105.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 103.60000000000002 m 428.5 103.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 117.60000000000002 m 481.5 117.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 105.60000000000002 m 481.5 105.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 103.60000000000002 m 481.5 103.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.50 206.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 401.08 206.28 Td (ee Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.15 192.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 426.94 192.28 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.50 178.33 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.50 178.33 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.00 165.28 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.00 151.17 Td (EbixCash Exchanges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 151.17 Td (77,855) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 151.17 Td (77,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.00 137.17 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 173.37 137.17 Td (Exchanges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 137.17 Td (44,001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 137.17 Td (48,015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.00 122.27 Td (Risk Compliance Solutions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 122.27 Td (16,020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 122.27 Td (17,172) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 132.00 108.33 Td (T) Tj ET Q q 0 0 0 rg BT 137.75 108.33 Td (otals) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.00 108.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.10 108.33 Td (137,876) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.00 108.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.10 108.33 Td (142,924) Tj ET Q BT /F1 10.00 Tf ET BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 73.10 Td (Costs to Obtain and Fulfill a Contract) Tj ET Q endstream endobj 43 0 obj <>] /Rotate 0 /Contents 44 0 R>> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.47 742.10 Td (Company) Tj ET Q q 0 0 0 rg BT 146.13 742.10 Td (s ) Tj ET Q q 0 0 0 rg BT 152.94 742.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 199.17 742.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 222.08 742.10 Td (are ) Tj ET Q q 0 0 0 rg BT 237.21 742.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 277.34 742.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 310.25 742.10 Td (from ) Tj ET Q q 0 0 0 rg BT 332.60 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 347.74 742.10 Td (fulfillment ) Tj ET Q q 0 0 0 rg BT 393.43 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 404.68 742.10 Td (SaaS-related ) Tj ET Q q 0 0 0 rg BT 458.13 742.10 Td (setup ) Tj ET Q q 0 0 0 rg BT 482.15 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 499.51 742.10 Td (customizations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (from ) Tj ET Q q 0 0 0 rg BT 71.76 730.10 Td (which ) Tj ET Q q 0 0 0 rg BT 98.52 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 113.06 730.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 152.04 730.10 Td (receives ) Tj ET Q q 0 0 0 rg BT 187.11 730.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 217.20 730.10 Td (through ) Tj ET Q q 0 0 0 rg BT 250.63 730.10 Td (continued ) Tj ET Q q 0 0 0 rg BT 292.38 730.10 Td (access ) Tj ET Q q 0 0 0 rg BT 320.24 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 330.34 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 347.10 730.10 Td (use ) Tj ET Q q 0 0 0 rg BT 362.75 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 373.41 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 387.94 730.10 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 410.27 730.10 Td (product ) Tj ET Q q 0 0 0 rg BT 443.13 730.10 Td (platforms. ) Tj ET Q q 0 0 0 rg BT 486.28 730.10 Td (In ) Tj ET Q q 0 0 0 rg BT 496.93 730.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 544.22 730.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.78 718.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 103.43 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 113.20 718.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 135.21 718.10 Td (340-40-25-5, ) Tj ET Q q 0 0 0 rg BT 190.26 718.10 Td (we ) Tj ET Q q 0 0 0 rg BT 204.48 718.10 Td (capitalize ) Tj ET Q q 0 0 0 rg BT 245.34 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 260.12 718.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 282.68 718.10 Td (directly ) Tj ET Q q 0 0 0 rg BT 315.78 718.10 Td (related ) Tj ET Q q 0 0 0 rg BT 345.54 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 355.88 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 370.65 718.10 Td (setup ) Tj ET Q q 0 0 0 rg BT 394.32 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 411.32 718.10 Td (development ) Tj ET Q q 0 0 0 rg BT 465.52 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 476.41 718.10 Td (these ) Tj ET Q q 0 0 0 rg BT 499.52 718.10 Td (customizations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (which ) Tj ET Q q 0 0 0 rg BT 76.79 706.10 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 105.24 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 119.81 706.10 Td (Company) Tj ET Q q 0 0 0 rg BT 161.47 706.10 Td (s ) Tj ET Q q 0 0 0 rg BT 167.71 706.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 220.59 706.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 263.49 706.10 Td (with ) Tj ET Q q 0 0 0 rg BT 283.61 706.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 314.28 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 324.40 706.10 Td (access ) Tj ET Q q 0 0 0 rg BT 352.29 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 362.42 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 376.98 706.10 Td (Company) Tj ET Q q 0 0 0 rg BT 418.65 706.10 Td (s ) Tj ET Q q 0 0 0 rg BT 424.89 706.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 470.56 706.10 Td (product ) Tj ET Q q 0 0 0 rg BT 503.46 706.10 Td (platforms. ) Tj ET Q q 0 0 0 rg BT 546.46 706.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 95.79 694.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 118.27 694.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 157.97 694.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 188.23 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 199.04 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 213.74 694.10 Td (salaries ) Tj ET Q q 0 0 0 rg BT 246.21 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 257.02 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 271.72 694.10 Td (developers ) Tj ET Q q 0 0 0 rg BT 317.52 694.10 Td (directly ) Tj ET Q q 0 0 0 rg BT 350.54 694.10 Td (involved ) Tj ET Q q 0 0 0 rg BT 388.02 694.10 Td (in ) Tj ET Q q 0 0 0 rg BT 398.28 694.10 Td (fulfilling ) Tj ET Q q 0 0 0 rg BT 436.32 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 451.02 694.10 Td (project ) Tj ET Q q 0 0 0 rg BT 481.26 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 498.19 694.10 Td (are ) Tj ET Q q 0 0 0 rg BT 512.88 694.10 Td (solely ) Tj ET Q q 0 0 0 rg BT 539.25 694.10 Td (based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.29 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 76.81 682.10 Td (time ) Tj ET Q q 0 0 0 rg BT 96.88 682.10 Td (spent ) Tj ET Q q 0 0 0 rg BT 120.28 682.10 Td (on ) Tj ET Q q 0 0 0 rg BT 132.57 682.10 Td (that ) Tj ET Q q 0 0 0 rg BT 149.86 682.10 Td (project. ) Tj ET Q q 0 0 0 rg BT 182.26 682.10 Td (The ) Tj ET Q q 0 0 0 rg BT 200.10 682.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 241.28 682.10 Td (amortizes ) Tj ET Q q 0 0 0 rg BT 282.45 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 296.96 682.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 342.56 682.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 364.85 682.10 Td (ratably ) Tj ET Q q 0 0 0 rg BT 394.91 682.10 Td (over ) Tj ET Q q 0 0 0 rg BT 414.98 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 429.49 682.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 467.31 682.10 Td (useful ) Tj ET Q q 0 0 0 rg BT 494.05 682.10 Td (life ) Tj ET Q q 0 0 0 rg BT 509.67 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 520.29 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 534.80 682.10 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (customizations, ) Tj ET Q q 0 0 0 rg BT 116.08 670.10 Td (matching ) Tj ET Q q 0 0 0 rg BT 156.88 670.10 Td (our ) Tj ET Q q 0 0 0 rg BT 173.79 670.10 Td (treatment ) Tj ET Q q 0 0 0 rg BT 215.14 670.10 Td (for ) Tj ET Q q 0 0 0 rg BT 230.38 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 246.19 670.10 Td (related ) Tj ET Q q 0 0 0 rg BT 276.98 670.10 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 314.71 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 332.73 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 348.54 670.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 395.43 670.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 419.01 670.10 Td (are ) Tj ET Q q 0 0 0 rg BT 434.81 670.10 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 485.02 670.10 Td (from ) Tj ET Q q 0 0 0 rg BT 508.05 670.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 533.85 670.10 Td (mar) Tj ET Q q 0 0 0 rg BT 549.22 670.10 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (included ) Tj ET Q q 0 0 0 rg BT 87.98 658.10 Td (in ) Tj ET Q q 0 0 0 rg BT 99.30 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 115.06 658.10 Td (contract. ) Tj ET Q q 0 0 0 rg BT 152.52 658.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.07 658.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 210.71 658.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.71 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 234.25 658.10 Td (and ) Tj ET Q q 0 0 0 rg BT 252.24 658.10 Td (December ) Tj ET Q q 0 0 0 rg BT 296.87 658.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 312.91 658.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 338.95 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 354.71 658.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 397.14 658.10 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.13 658.10 Td ($710 ) Tj ET Q q 0 0 0 rg BT 438.67 658.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.78 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 478.32 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 481.87 658.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.85 658.10 Td ($734 ) Tj ET Q q 0 0 0 rg BT 523.39 658.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.50 658.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 646.10 Td (, ) Tj ET Q q 0 0 0 rg BT 102.73 646.10 Td (of ) Tj ET Q q 0 0 0 rg BT 113.62 646.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 148.39 646.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 170.95 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 181.30 646.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 211.07 646.10 Td (current ) Tj ET Q q 0 0 0 rg BT 241.95 646.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 272.28 646.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.29 646.10 Td ($1.1 ) Tj ET Q q 0 0 0 rg BT 309.35 646.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.24 646.10 Td ( ) Tj ET Q q 0 0 0 rg BT 340.81 646.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.81 646.10 Td ($1.2 ) Tj ET Q q 0 0 0 rg BT 377.88 646.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.77 646.10 Td (, ) Tj ET Q q 0 0 0 rg BT 411.83 646.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 459.49 646.10 Td (, ) Tj ET Q q 0 0 0 rg BT 464.56 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 474.90 646.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 504.11 646.10 Td (Assets ) Tj ET Q q 0 0 0 rg BT 537.22 646.10 Td (on ) Tj ET Q q 0 0 0 rg BT 549.79 646.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 97.08 634.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 144.02 634.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 199.29 634.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 233.99 634.10 Td (Sheets.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 83.50 558.60 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 558.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 558.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 558.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 83.50 528.60 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 528.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 528.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 528.60 90.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 588.6 m 433.5 588.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 588.6 m 527.5 588.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 573.6 m 433.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 573.6 m 437.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 573.6 m 527.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 558.6 m 433.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 558.6 m 437.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 558.6 m 527.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 513.6 m 433.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 499.6 m 433.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 497.6 m 433.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 513.6 m 437.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 499.6 m 437.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 497.6 m 437.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 513.6 m 527.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 499.6 m 527.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 497.6 m 527.5 497.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.90 593.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 373.69 593.28 Td (ch 31, 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.65 593.28 Td (December) Tj ET Q q 0 0 0 rg BT 484.87 593.28 Td ( 31, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 578.28 Td (\(Unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.00 563.28 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 548.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 548.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 548.27 Td (1,897) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 548.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.15 548.27 Td (2,238) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 533.27 Td (Costs recognized from the beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.30 533.32 Td (\(202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 533.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.30 533.32 Td (\(708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 533.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 518.27 Td (Additions, net of costs recognized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.65 518.27 Td (103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 518.27 Td (367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 503.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 503.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 503.27 Td (1,798) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 503.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.15 503.27 Td (1,897) Tj ET Q BT /F1 10.00 Tf ET BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 479.10 Td (Contract Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 459.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 459.10 Td (Contract ) Tj ET Q q 0 0 0 rg BT 122.92 459.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 162.63 459.10 Td (include ) Tj ET Q q 0 0 0 rg BT 194.55 459.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 235.36 459.10 Td (or ) Tj ET Q q 0 0 0 rg BT 246.18 459.10 Td (billings ) Tj ET Q q 0 0 0 rg BT 278.67 459.10 Td (that ) Tj ET Q q 0 0 0 rg BT 296.15 459.10 Td (have ) Tj ET Q q 0 0 0 rg BT 317.52 459.10 Td (been ) Tj ET Q q 0 0 0 rg BT 338.88 459.10 Td (received ) Tj ET Q q 0 0 0 rg BT 375.23 459.10 Td (or ) Tj ET Q q 0 0 0 rg BT 386.05 459.10 Td (made ) Tj ET Q q 0 0 0 rg BT 410.19 459.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 432.12 459.10 Td (to ) Tj ET Q q 0 0 0 rg BT 442.39 459.10 Td (performance. ) Tj ET Q q 0 0 0 rg BT 497.90 459.10 Td (In ) Tj ET Q q 0 0 0 rg BT 508.71 459.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 538.40 459.10 Td (cases, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 447.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 71.06 447.10 Td (collections ) Tj ET Q q 0 0 0 rg BT 117.68 447.10 Td (pertain ) Tj ET Q q 0 0 0 rg BT 148.74 447.10 Td (to ) Tj ET Q q 0 0 0 rg BT 159.81 447.10 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 213.63 447.10 Td (and ) Tj ET Q q 0 0 0 rg BT 231.37 447.10 Td (support ) Tj ET Q q 0 0 0 rg BT 264.66 447.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 286.55 447.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 313.18 447.10 Td (setup ) Tj ET Q q 0 0 0 rg BT 337.58 447.10 Td (or ) Tj ET Q q 0 0 0 rg BT 349.21 447.10 Td (registration ) Tj ET Q q 0 0 0 rg BT 398.04 447.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 417.44 447.10 Td (under ) Tj ET Q q 0 0 0 rg BT 443.50 447.10 Td (hosting ) Tj ET Q q 0 0 0 rg BT 476.25 447.10 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 527.57 447.10 Td (software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.10 Td (license ) Tj ET Q q 0 0 0 rg BT 80.53 435.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 99.39 435.10 Td (received ) Tj ET Q q 0 0 0 rg BT 136.02 435.10 Td (in ) Tj ET Q q 0 0 0 rg BT 146.56 435.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 182.08 435.10 Td (of ) Tj ET Q q 0 0 0 rg BT 193.17 435.10 Td (delivery ) Tj ET Q q 0 0 0 rg BT 228.70 435.10 Td (and ) Tj ET Q q 0 0 0 rg BT 245.90 435.10 Td (acceptance, ) Tj ET Q q 0 0 0 rg BT 295.01 435.10 Td (and ) Tj ET Q q 0 0 0 rg BT 312.21 435.10 Td (software ) Tj ET Q q 0 0 0 rg BT 349.40 435.10 Td (development ) Tj ET Q q 0 0 0 rg BT 403.82 435.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 422.68 435.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 442.66 435.10 Td (in ) Tj ET Q q 0 0 0 rg BT 453.20 435.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 488.72 435.10 Td (of ) Tj ET Q q 0 0 0 rg BT 499.81 435.10 Td (completion ) Tj ET Q q 0 0 0 rg BT 547.57 435.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.10 Td (delivery) Tj ET Q q 0 0 0 rg BT 82.11 423.10 Td (. ) Tj ET Q q 0 0 0 rg BT 86.38 423.10 Td (Approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.19 423.10 Td ($8.0 ) Tj ET Q q 0 0 0 rg BT 168.96 423.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.86 423.10 Td ( ) Tj ET Q q 0 0 0 rg BT 200.13 423.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.83 423.10 Td ($6.4 ) Tj ET Q q 0 0 0 rg BT 236.60 423.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.49 423.10 Td ( ) Tj ET Q q 0 0 0 rg BT 267.76 423.10 Td (of ) Tj ET Q q 0 0 0 rg BT 278.36 423.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 312.83 423.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 352.32 423.10 Td (were ) Tj ET Q q 0 0 0 rg BT 374.02 423.10 Td (included ) Tj ET Q q 0 0 0 rg BT 410.72 423.10 Td (in ) Tj ET Q q 0 0 0 rg BT 420.77 423.10 Td (billed ) Tj ET Q q 0 0 0 rg BT 445.81 423.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 483.07 423.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 526.42 423.10 Td (at ) Tj ET Q q 0 0 0 rg BT 535.90 423.10 Td (March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 65.00 411.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 87.50 411.10 Td (and ) Tj ET Q q 0 0 0 rg BT 104.44 411.10 Td (December ) Tj ET Q q 0 0 0 rg BT 148.02 411.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 163.02 411.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 188.02 411.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 235.68 411.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 391.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.20 391.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 143.74 391.10 Td (records ) Tj ET Q q 0 0 0 rg BT 174.83 391.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 208.69 391.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 247.56 391.10 Td (when ) Tj ET Q q 0 0 0 rg BT 270.87 391.10 Td (it ) Tj ET Q q 0 0 0 rg BT 278.08 391.10 Td (receives ) Tj ET Q q 0 0 0 rg BT 312.49 391.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 352.47 391.10 Td (or ) Tj ET Q q 0 0 0 rg BT 362.46 391.10 Td (invoices ) Tj ET Q q 0 0 0 rg BT 397.44 391.10 Td (in ) Tj ET Q q 0 0 0 rg BT 406.87 391.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 441.28 391.10 Td (of ) Tj ET Q q 0 0 0 rg BT 451.27 391.10 Td (the ) Tj ET Q q 0 0 0 rg BT 465.14 391.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 517.32 391.10 Td (of ) Tj ET Q q 0 0 0 rg BT 527.30 391.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 564.51 391.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 379.10 Td ( ) Tj ET Q q 0 0 0 rg BT 58.92 379.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 103.37 379.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 134.50 379.10 Td (of ) Tj ET Q q 0 0 0 rg BT 145.08 379.10 Td (this ) Tj ET Q q 0 0 0 rg BT 161.77 379.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 194.55 379.10 Td (relates ) Tj ET Q q 0 0 0 rg BT 222.89 379.10 Td (to ) Tj ET Q q 0 0 0 rg BT 232.91 379.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 271.25 379.10 Td (where ) Tj ET Q q 0 0 0 rg BT 297.92 379.10 Td (the ) Tj ET Q q 0 0 0 rg BT 312.39 379.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 351.29 379.10 Td (has ) Tj ET Q q 0 0 0 rg BT 366.86 379.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 386.32 379.10 Td (in ) Tj ET Q q 0 0 0 rg BT 396.35 379.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 431.35 379.10 Td (for ) Tj ET Q q 0 0 0 rg BT 445.25 379.10 Td (the ) Tj ET Q q 0 0 0 rg BT 459.71 379.10 Td (use ) Tj ET Q q 0 0 0 rg BT 475.29 379.10 Td (of ) Tj ET Q q 0 0 0 rg BT 485.86 379.10 Td (our ) Tj ET Q q 0 0 0 rg BT 501.44 379.10 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 523.68 379.10 Td (platforms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.10 Td (over ) Tj ET Q q 0 0 0 rg BT 69.18 367.10 Td (a ) Tj ET Q q 0 0 0 rg BT 75.03 367.10 Td (specified ) Tj ET Q q 0 0 0 rg BT 112.53 367.10 Td (period ) Tj ET Q q 0 0 0 rg BT 139.49 367.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.23 367.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 170.82 367.10 Td (These ) Tj ET Q q 0 0 0 rg BT 196.10 367.10 Td (advanced ) Tj ET Q q 0 0 0 rg BT 235.27 367.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 275.01 367.10 Td (are ) Tj ET Q q 0 0 0 rg BT 288.62 367.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 333.90 367.10 Td (as ) Tj ET Q q 0 0 0 rg BT 343.64 367.10 Td (the ) Tj ET Q q 0 0 0 rg BT 357.27 367.10 Td (related ) Tj ET Q q 0 0 0 rg BT 385.88 367.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 437.81 367.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 479.78 367.10 Td (is ) Tj ET Q q 0 0 0 rg BT 487.86 367.10 Td (fulfilled ) Tj ET Q q 0 0 0 rg BT 521.48 367.10 Td (\(generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.10 Td (less ) Tj ET Q q 0 0 0 rg BT 67.76 355.10 Td (than ) Tj ET Q q 0 0 0 rg BT 87.74 355.10 Td (one ) Tj ET Q q 0 0 0 rg BT 104.94 355.10 Td (year\). ) Tj ET Q q 0 0 0 rg BT 130.73 355.10 Td (Part ) Tj ET Q q 0 0 0 rg BT 149.60 355.10 Td (of ) Tj ET Q q 0 0 0 rg BT 160.69 355.10 Td (our ) Tj ET Q q 0 0 0 rg BT 176.78 355.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 230.07 355.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 273.38 355.10 Td (for ) Tj ET Q q 0 0 0 rg BT 287.80 355.10 Td (these ) Tj ET Q q 0 0 0 rg BT 311.10 355.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 349.96 355.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 384.39 355.10 Td (of ) Tj ET Q q 0 0 0 rg BT 395.48 355.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.46 355.10 Td (requirement ) Tj ET Q q 0 0 0 rg BT 461.53 355.10 Td (to ) Tj ET Q q 0 0 0 rg BT 472.07 355.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 505.37 355.10 Td (our ) Tj ET Q q 0 0 0 rg BT 521.46 355.10 Td (customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.10 Td (with ) Tj ET Q q 0 0 0 rg BT 70.75 343.10 Td (continued ) Tj ET Q q 0 0 0 rg BT 113.16 343.10 Td (access ) Tj ET Q q 0 0 0 rg BT 141.68 343.10 Td (to, ) Tj ET Q q 0 0 0 rg BT 154.93 343.10 Td (and ) Tj ET Q q 0 0 0 rg BT 172.35 343.10 Td (use ) Tj ET Q q 0 0 0 rg BT 188.65 343.10 Td (of, ) Tj ET Q q 0 0 0 rg BT 202.46 343.10 Td (our ) Tj ET Q q 0 0 0 rg BT 218.76 343.10 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 241.74 343.10 Td (platforms ) Tj ET Q q 0 0 0 rg BT 283.04 343.10 Td (and ) Tj ET Q q 0 0 0 rg BT 300.46 343.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 344.53 343.10 Td (customizations. ) Tj ET Q q 0 0 0 rg BT 409.78 343.10 Td (W) Tj ET Q q 0 0 0 rg BT 418.82 343.10 Td (ithout ) Tj ET Q q 0 0 0 rg BT 445.13 343.10 Td (continued ) Tj ET Q q 0 0 0 rg BT 487.54 343.10 Td (access ) Tj ET Q q 0 0 0 rg BT 516.05 343.10 Td (to ) Tj ET Q q 0 0 0 rg BT 526.80 343.10 Td (the ) Tj ET Q q 0 0 0 rg BT 542.00 343.10 Td (SaaS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.10 Td (platform, ) Tj ET Q q 0 0 0 rg BT 89.88 331.10 Td (the ) Tj ET Q q 0 0 0 rg BT 105.04 331.10 Td (customizations ) Tj ET Q q 0 0 0 rg BT 167.98 331.10 Td (have ) Tj ET Q q 0 0 0 rg BT 189.80 331.10 Td (no ) Tj ET Q q 0 0 0 rg BT 202.75 331.10 Td (separate ) Tj ET Q q 0 0 0 rg BT 238.45 331.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 269.16 331.10 Td (to ) Tj ET Q q 0 0 0 rg BT 279.89 331.10 Td (the ) Tj ET Q q 0 0 0 rg BT 295.05 331.10 Td (customer) Tj ET Q q 0 0 0 rg BT 331.15 331.10 Td (. ) Tj ET Q q 0 0 0 rg BT 336.60 331.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 355.10 331.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 398.59 331.10 Td (simultaneously ) Tj ET Q q 0 0 0 rg BT 462.09 331.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 493.90 331.10 Td (and ) Tj ET Q q 0 0 0 rg BT 511.29 331.10 Td (consume ) Tj ET Q q 0 0 0 rg BT 549.78 331.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 84.10 319.10 Td (as ) Tj ET Q q 0 0 0 rg BT 94.87 319.10 Td (we ) Tj ET Q q 0 0 0 rg BT 108.97 319.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 141.96 319.10 Td (access ) Tj ET Q q 0 0 0 rg BT 169.94 319.10 Td (over ) Tj ET Q q 0 0 0 rg BT 190.15 319.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 212.69 319.10 Td (The ) Tj ET Q q 0 0 0 rg BT 230.67 319.10 Td (remaining ) Tj ET Q q 0 0 0 rg BT 273.66 319.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 304.98 319.10 Td (of ) Tj ET Q q 0 0 0 rg BT 315.76 319.10 Td (the ) Tj ET Q q 0 0 0 rg BT 330.41 319.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 365.06 319.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 404.72 319.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 437.69 319.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 471.80 319.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 511.45 319.10 Td (of ) Tj ET Q q 0 0 0 rg BT 522.23 319.10 Td (customer) Tj ET Q q 0 0 0 rg BT 558.68 319.10 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 82.72 307.10 Td (customizations ) Tj ET Q q 0 0 0 rg BT 144.33 307.10 Td (that ) Tj ET Q q 0 0 0 rg BT 160.95 307.10 Td (are ) Tj ET Q q 0 0 0 rg BT 174.79 307.10 Td (not ) Tj ET Q q 0 0 0 rg BT 189.19 307.10 Td (distinct ) Tj ET Q q 0 0 0 rg BT 220.26 307.10 Td (from ) Tj ET Q q 0 0 0 rg BT 241.32 307.10 Td (related ) Tj ET Q q 0 0 0 rg BT 270.15 307.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 322.30 307.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 368.36 307.10 Td (that ) Tj ET Q q 0 0 0 rg BT 384.98 307.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 417.15 307.10 Td (over ) Tj ET Q q 0 0 0 rg BT 436.54 307.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 458.44 307.10 Td ( ) Tj ET Q q 0 0 0 rg BT 459.95 307.10 Td (This ) Tj ET Q q 0 0 0 rg BT 479.35 307.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 509.86 307.10 Td (is ) Tj ET Q q 0 0 0 rg BT 518.16 307.10 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.10 Td (over ) Tj ET Q q 0 0 0 rg BT 70.27 295.10 Td (the ) Tj ET Q q 0 0 0 rg BT 84.99 295.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 123.02 295.10 Td (useful ) Tj ET Q q 0 0 0 rg BT 149.96 295.10 Td (life ) Tj ET Q q 0 0 0 rg BT 165.78 295.10 Td (of ) Tj ET Q q 0 0 0 rg BT 176.61 295.10 Td (the ) Tj ET Q q 0 0 0 rg BT 191.33 295.10 Td (customizations.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 83.50 232.60 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 232.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 232.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 232.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 83.50 202.60 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 202.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 202.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 202.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 83.50 172.60 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 172.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 172.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 172.60 90.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 262.6 m 433.5 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 262.6 m 437.5 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 262.6 m 527.5 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 262.6 m 433.5 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 247.60000000000002 m 433.5 247.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 262.6 m 527.5 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 247.60000000000002 m 527.5 247.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 232.60000000000002 m 433.5 232.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 232.60000000000002 m 527.5 232.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 172.60000000000002 m 433.5 172.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 158.60000000000002 m 433.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 156.60000000000002 m 433.5 156.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 172.60000000000002 m 437.5 172.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 158.60000000000002 m 437.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 156.60000000000002 m 437.5 156.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 172.60000000000002 m 527.5 172.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 158.60000000000002 m 527.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 156.60000000000002 m 527.5 156.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.90 267.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 373.69 267.28 Td (ch 31, 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.65 267.28 Td (December) Tj ET Q q 0 0 0 rg BT 484.87 267.28 Td ( 31, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 252.28 Td (\(Unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.00 237.28 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 222.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 222.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 222.27 Td (37,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 222.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 222.27 Td (44,660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 207.27 Td (Revenue recognized from beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 207.32 Td (\(12,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 207.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.80 207.32 Td (\(31,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 207.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 192.27 Td (Additions from business acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 192.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 192.27 Td (769) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 177.27 Td (Additions, net of revenue recognized and currency translation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 177.27 Td (13,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 177.27 Td (23,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 162.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 162.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 162.27 Td (38,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 162.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 162.27 Td (37,253) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 126.10 Td (Accounts ) Tj ET Q q 0 0 0 rg BT 127.34 126.10 Td (Receivable ) Tj ET Q q 0 0 0 rg BT 175.32 126.10 Td (and ) Tj ET Q q 0 0 0 rg BT 193.34 126.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.15 126.10 Td (Allowance ) Tj ET Q q 0 0 0 rg BT 254.48 126.10 Td (for) Tj ET Q q 0 0 0 rg BT 267.07 126.10 Td ( ) Tj ET Q q 0 0 0 rg BT 268.96 126.10 Td (Doubtful ) Tj ET Q q 0 0 0 rg BT 308.78 126.10 Td (Accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.22 126.10 Td (As ) Tj ET Q q 0 0 0 rg BT 371.23 126.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.45 126.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 424.45 126.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.45 126.10 Td (, ) Tj ET Q q 0 0 0 rg BT 448.84 126.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 484.05 126.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 520.93 126.10 Td (receivable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.10 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.33 114.10 Td ($135.9 ) Tj ET Q q 0 0 0 rg BT 110.72 114.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.61 114.10 Td ( ) Tj ET Q q 0 0 0 rg BT 141.51 114.10 Td (of ) Tj ET Q q 0 0 0 rg BT 151.73 114.10 Td (net ) Tj ET Q q 0 0 0 rg BT 165.84 114.10 Td (trade ) Tj ET Q q 0 0 0 rg BT 187.72 114.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 234.59 114.10 Td (\(net ) Tj ET Q q 0 0 0 rg BT 252.03 114.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.26 114.10 Td ($20.2 ) Tj ET Q q 0 0 0 rg BT 286.65 114.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.54 114.10 Td ( ) Tj ET Q q 0 0 0 rg BT 317.44 114.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 359.86 114.10 Td (for ) Tj ET Q q 0 0 0 rg BT 373.42 114.10 Td (doubtful ) Tj ET Q q 0 0 0 rg BT 409.20 114.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 446.08 114.10 Td (receivable\) ) Tj ET Q q 0 0 0 rg BT 492.38 114.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.72 114.10 Td ($31.6 ) Tj ET Q q 0 0 0 rg BT 533.11 114.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.75 102.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 95.38 102.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 123.10 102.10 Td (As ) Tj ET Q q 0 0 0 rg BT 136.64 102.10 Td (of ) Tj ET Q q 0 0 0 rg BT 147.39 102.10 Td (December ) Tj ET Q q 0 0 0 rg BT 190.90 102.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 205.82 102.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 230.75 102.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 266.49 102.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 303.90 102.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 347.40 102.10 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.26 102.10 Td ($153.6 ) Tj ET Q q 0 0 0 rg BT 409.18 102.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.08 102.10 Td ( ) Tj ET Q q 0 0 0 rg BT 440.50 102.10 Td (of ) Tj ET Q q 0 0 0 rg BT 451.25 102.10 Td (net ) Tj ET Q q 0 0 0 rg BT 465.90 102.10 Td (trade ) Tj ET Q q 0 0 0 rg BT 488.31 102.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 535.70 102.10 Td (\(net ) Tj ET Q q 0 0 0 rg BT 553.67 102.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td ($21.7 ) Tj ET Q q 0 0 0 rg BT 75.01 90.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.90 90.10 Td ( ) Tj ET Q q 0 0 0 rg BT 106.41 90.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 149.45 90.10 Td (for ) Tj ET Q q 0 0 0 rg BT 163.61 90.10 Td (doubtful ) Tj ET Q q 0 0 0 rg BT 200.01 90.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 237.50 90.10 Td (receivable\) ) Tj ET Q q 0 0 0 rg BT 284.42 90.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.36 90.10 Td ($35.3 ) Tj ET Q q 0 0 0 rg BT 326.37 90.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.26 90.10 Td ( ) Tj ET Q q 0 0 0 rg BT 357.77 90.10 Td (of ) Tj ET Q q 0 0 0 rg BT 368.61 90.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 403.32 90.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 431.47 90.10 Td (The ) Tj ET Q q 0 0 0 rg BT 449.53 90.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 490.92 90.10 Td (records ) Tj ET Q q 0 0 0 rg BT 522.86 90.10 Td (a ) Tj ET Q q 0 0 0 rg BT 529.80 90.10 Td (contract ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 73.26 78.10 Td (when ) Tj ET Q q 0 0 0 rg BT 98.75 78.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 134.22 78.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 181.91 78.10 Td (on ) Tj ET Q q 0 0 0 rg BT 195.74 78.10 Td (a ) Tj ET Q q 0 0 0 rg BT 204.00 78.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 240.03 78.10 Td (exceeds ) Tj ET Q q 0 0 0 rg BT 275.50 78.10 Td (the ) Tj ET Q q 0 0 0 rg BT 291.54 78.10 Td (billings. ) Tj ET Q q 0 0 0 rg BT 327.60 78.10 Td (The ) Tj ET Q q 0 0 0 rg BT 346.97 78.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 383.00 78.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 406.27 78.10 Td (is ) Tj ET Q q 0 0 0 rg BT 416.76 78.10 Td (transferred ) Tj ET Q q 0 0 0 rg BT 463.89 78.10 Td (to ) Tj ET Q q 0 0 0 rg BT 475.50 78.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 524.29 78.10 Td (when ) Tj ET Q q 0 0 0 rg BT 549.78 78.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.10 Td (entitlement ) Tj ET Q q 0 0 0 rg BT 98.14 66.10 Td (to ) Tj ET Q q 0 0 0 rg BT 109.08 66.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 146.66 66.10 Td (becomes ) Tj ET Q q 0 0 0 rg BT 184.81 66.10 Td (unconditional. ) Tj ET Q q 0 0 0 rg BT 245.22 66.10 Td (These ) Tj ET Q q 0 0 0 rg BT 272.26 66.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 307.61 66.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 334.10 66.10 Td (are ) Tj ET Q q 0 0 0 rg BT 349.46 66.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 389.83 66.10 Td (related ) Tj ET Q q 0 0 0 rg BT 420.19 66.10 Td (to ) Tj ET Q q 0 0 0 rg BT 431.12 66.10 Td (project ) Tj ET Q q 0 0 0 rg BT 462.04 66.10 Td (based ) Tj ET Q q 0 0 0 rg BT 487.97 66.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 522.77 66.10 Td (where ) Tj ET Q q 0 0 0 rg BT 550.35 66.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 54.10 Td (recognize ) Tj ET Q q 0 0 0 rg BT 91.80 54.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 126.39 54.10 Td (using ) Tj ET Q q 0 0 0 rg BT 151.00 54.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.15 54.10 Td (input ) Tj ET Q q 0 0 0 rg BT 189.65 54.10 Td (method ) Tj ET Q q 0 0 0 rg BT 222.58 54.10 Td (calculated ) Tj ET Q q 0 0 0 rg BT 266.05 54.10 Td (using ) Tj ET Q q 0 0 0 rg BT 290.66 54.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 329.13 54.10 Td (hours ) Tj ET Q q 0 0 0 rg BT 354.29 54.10 Td (to ) Tj ET Q q 0 0 0 rg BT 365.01 54.10 Td (complete ) Tj ET Q q 0 0 0 rg BT 404.60 54.10 Td (the ) Tj ET Q q 0 0 0 rg BT 419.76 54.10 Td (project ) Tj ET Q q 0 0 0 rg BT 450.46 54.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 491.71 54.10 Td (against ) Tj ET Q q 0 0 0 rg BT 522.98 54.10 Td (the ) Tj ET Q q 0 0 0 rg BT 538.13 54.10 Td (actual ) Tj ET Q endstream endobj 45 0 obj <>] /Rotate 0 /Contents 46 0 R>> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (hours ) Tj ET Q q 0 0 0 rg BT 75.21 742.10 Td (completed ) Tj ET Q q 0 0 0 rg BT 119.84 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 130.61 742.10 Td (date. ) Tj ET Q q 0 0 0 rg BT 152.53 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 171.07 742.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 212.94 742.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 259.79 742.10 Td (bad ) Tj ET Q q 0 0 0 rg BT 277.21 742.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 297.41 742.10 Td (\(benefit\) ) Tj ET Q q 0 0 0 rg BT 334.82 742.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 375.59 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 390.23 742.10 Td (doubtful ) Tj ET Q q 0 0 0 rg BT 427.11 742.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 465.08 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 475.84 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 491.04 742.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 524.02 742.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.34 742.10 Td (\($618\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.11 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 88.29 730.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.92 730.10 Td ($134 ) Tj ET Q q 0 0 0 rg BT 127.11 730.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.21 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 165.40 730.10 Td (for ) Tj ET Q q 0 0 0 rg BT 179.25 730.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.65 730.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.64 730.10 Td (-month ) Tj ET Q q 0 0 0 rg BT 244.71 730.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 276.33 730.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.40 730.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 345.68 730.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.68 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 367.87 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 384.50 730.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 409.18 730.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 456.84 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 461.53 730.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 515.92 730.10 Td (specifically ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (analyzes ) Tj ET Q q 0 0 0 rg BT 88.76 718.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 128.07 718.10 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 175.98 718.10 Td (historical ) Tj ET Q q 0 0 0 rg BT 217.53 718.10 Td (bad ) Tj ET Q q 0 0 0 rg BT 236.30 718.10 Td (debts, ) Tj ET Q q 0 0 0 rg BT 264.24 718.10 Td (write-of) Tj ET Q q 0 0 0 rg BT 296.26 718.10 Td (fs, ) Tj ET Q q 0 0 0 rg BT 310.32 718.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 351.30 718.10 Td (concentrations, ) Tj ET Q q 0 0 0 rg BT 416.44 718.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 457.43 718.10 Td (credit-worthiness, ) Tj ET Q q 0 0 0 rg BT 533.69 718.10 Td (current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 90.55 706.10 Td (trends ) Tj ET Q q 0 0 0 rg BT 116.67 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 132.79 706.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 166.67 706.10 Td (in ) Tj ET Q q 0 0 0 rg BT 176.13 706.10 Td (our ) Tj ET Q q 0 0 0 rg BT 191.14 706.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 229.48 706.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 265.59 706.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 289.49 706.10 Td (when ) Tj ET Q q 0 0 0 rg BT 312.83 706.10 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 356.16 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 370.05 706.10 Td (adequacy ) Tj ET Q q 0 0 0 rg BT 409.49 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 419.50 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 433.39 706.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 475.61 706.10 Td (for ) Tj ET Q q 0 0 0 rg BT 488.95 706.10 Td (doubtful ) Tj ET Q q 0 0 0 rg BT 524.51 706.10 Td (accounts. ) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 50.00 681.70 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 681.70 Td (Goodwill ) Tj ET Q q 0 0 0 rg BT 128.54 681.70 Td (and ) Tj ET Q q 0 0 0 rg BT 148.30 681.70 Td (Indefinite-Lived ) Tj ET Q q 0 0 0 rg BT 221.40 681.70 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 268.14 681.70 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.80 681.70 Td (Goodwill ) Tj ET Q q 0 0 0 rg BT 346.22 681.70 Td (represents ) Tj ET Q q 0 0 0 rg BT 390.40 681.70 Td (the ) Tj ET Q q 0 0 0 rg BT 406.26 681.70 Td (cost ) Tj ET Q q 0 0 0 rg BT 426.01 681.70 Td (in ) Tj ET Q q 0 0 0 rg BT 437.43 681.70 Td (excess ) Tj ET Q q 0 0 0 rg BT 467.17 681.70 Td (of ) Tj ET Q q 0 0 0 rg BT 479.15 681.70 Td (the ) Tj ET Q q 0 0 0 rg BT 495.01 681.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 512.53 681.70 Td (value ) Tj ET Q q 0 0 0 rg BT 537.82 681.70 Td (of ) Tj ET Q q 0 0 0 rg BT 549.80 681.70 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.70 Td (identifiable ) Tj ET Q q 0 0 0 rg BT 97.83 669.70 Td (net ) Tj ET Q q 0 0 0 rg BT 112.34 669.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 137.97 669.70 Td (from ) Tj ET Q q 0 0 0 rg BT 159.70 669.70 Td (the ) Tj ET Q q 0 0 0 rg BT 174.21 669.70 Td (businesses ) Tj ET Q q 0 0 0 rg BT 218.72 669.70 Td (that ) Tj ET Q q 0 0 0 rg BT 236.01 669.70 Td (we ) Tj ET Q q 0 0 0 rg BT 249.97 669.70 Td (acquire. ) Tj ET Q q 0 0 0 rg BT 284.19 669.70 Td (In ) Tj ET Q q 0 0 0 rg BT 294.81 669.70 Td (accordance ) Tj ET Q q 0 0 0 rg BT 342.06 669.70 Td (with ) Tj ET Q q 0 0 0 rg BT 361.63 669.70 Td (ASC ) Tj ET Q q 0 0 0 rg BT 383.38 669.70 Td (350, ) Tj ET Q q 0 0 0 rg BT 403.17 669.70 Td (Goodwill ) Tj ET Q q 0 0 0 rg BT 447.68 669.70 Td (and ) Tj ET Q q 0 0 0 rg BT 464.41 669.70 Td (Other ) Tj ET Q q 0 0 0 rg BT 489.48 669.70 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 531.81 669.70 Td (Assets") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.70 Td (and ) Tj ET Q q 0 0 0 rg BT 66.79 657.70 Td (ASU ) Tj ET Q q 0 0 0 rg BT 89.82 657.70 Td (No. ) Tj ET Q q 0 0 0 rg BT 107.57 657.70 Td (201) Tj ET Q q 0 0 0 rg BT 122.20 657.70 Td (1-08, ) Tj ET Q q 0 0 0 rg BT 146.05 657.70 Td (T) Tj ET Q q 0 0 0 rg BT 155.90 657.70 Td (esting ) Tj ET Q q 0 0 0 rg BT 182.81 657.70 Td (Goodwill ) Tj ET Q q 0 0 0 rg BT 223.61 657.70 Td (for ) Tj ET Q q 0 0 0 rg BT 238.30 657.70 Td (Impairment, ) Tj ET Q q 0 0 0 rg BT 294.91 657.70 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 333.49 657.70 Td (is ) Tj ET Q q 0 0 0 rg BT 343.19 657.70 Td (tested ) Tj ET Q q 0 0 0 rg BT 369.53 657.70 Td (for ) Tj ET Q q 0 0 0 rg BT 384.22 657.70 Td (impairment ) Tj ET Q q 0 0 0 rg BT 433.34 657.70 Td (at ) Tj ET Q q 0 0 0 rg BT 443.58 657.70 Td (the ) Tj ET Q q 0 0 0 rg BT 458.82 657.70 Td (reporting ) Tj ET Q q 0 0 0 rg BT 498.50 657.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 517.08 657.70 Td (level ) Tj ET Q q 0 0 0 rg BT 539.54 657.70 Td (on ) Tj ET Q q 0 0 0 rg BT 552.56 657.70 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.70 Td (annual ) Tj ET Q q 0 0 0 rg BT 78.60 645.70 Td (basis ) Tj ET Q q 0 0 0 rg BT 100.54 645.70 Td (or ) Tj ET Q q 0 0 0 rg BT 110.82 645.70 Td (on ) Tj ET Q q 0 0 0 rg BT 122.76 645.70 Td (an ) Tj ET Q q 0 0 0 rg BT 134.14 645.70 Td (interim ) Tj ET Q q 0 0 0 rg BT 164.97 645.70 Td (basis ) Tj ET Q q 0 0 0 rg BT 186.91 645.70 Td (if ) Tj ET Q q 0 0 0 rg BT 194.96 645.70 Td (an ) Tj ET Q q 0 0 0 rg BT 206.34 645.70 Td (event ) Tj ET Q q 0 0 0 rg BT 229.94 645.70 Td (occurred ) Tj ET Q q 0 0 0 rg BT 266.86 645.70 Td (or ) Tj ET Q q 0 0 0 rg BT 277.13 645.70 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 335.72 645.70 Td (change ) Tj ET Q q 0 0 0 rg BT 365.98 645.70 Td (that ) Tj ET Q q 0 0 0 rg BT 382.92 645.70 Td (would ) Tj ET Q q 0 0 0 rg BT 409.86 645.70 Td (indicate ) Tj ET Q q 0 0 0 rg BT 443.45 645.70 Td (that ) Tj ET Q q 0 0 0 rg BT 460.39 645.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 476.21 645.70 Td (value ) Tj ET Q q 0 0 0 rg BT 499.81 645.70 Td (of ) Tj ET Q q 0 0 0 rg BT 510.08 645.70 Td (our ) Tj ET Q q 0 0 0 rg BT 525.36 645.70 Td (reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 67.61 633.70 Td (decreased ) Tj ET Q q 0 0 0 rg BT 109.08 633.70 Td (below ) Tj ET Q q 0 0 0 rg BT 135.58 633.70 Td (its ) Tj ET Q q 0 0 0 rg BT 147.08 633.70 Td (carrying ) Tj ET Q q 0 0 0 rg BT 182.45 633.70 Td (value. ) Tj ET Q q 0 0 0 rg BT 208.66 633.70 Td (Potential ) Tj ET Q q 0 0 0 rg BT 246.27 633.70 Td (impairment ) Tj ET Q q 0 0 0 rg BT 294.42 633.70 Td (indicators ) Tj ET Q q 0 0 0 rg BT 335.91 633.70 Td (include ) Tj ET Q q 0 0 0 rg BT 367.40 633.70 Td (a ) Tj ET Q q 0 0 0 rg BT 373.90 633.70 Td (significant ) Tj ET Q q 0 0 0 rg BT 418.16 633.70 Td (change ) Tj ET Q q 0 0 0 rg BT 448.54 633.70 Td (in ) Tj ET Q q 0 0 0 rg BT 458.37 633.70 Td (the ) Tj ET Q q 0 0 0 rg BT 472.64 633.70 Td (business ) Tj ET Q q 0 0 0 rg BT 508.59 633.70 Td (climate, ) Tj ET Q q 0 0 0 rg BT 542.57 633.70 Td (legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.70 Td (factors, ) Tj ET Q q 0 0 0 rg BT 82.39 621.70 Td (operating ) Tj ET Q q 0 0 0 rg BT 122.84 621.70 Td (performance ) Tj ET Q q 0 0 0 rg BT 176.05 621.70 Td (indicators, ) Tj ET Q q 0 0 0 rg BT 220.67 621.70 Td (competition, ) Tj ET Q q 0 0 0 rg BT 273.63 621.70 Td (customer ) Tj ET Q q 0 0 0 rg BT 312.97 621.70 Td (retention ) Tj ET Q q 0 0 0 rg BT 351.20 621.70 Td (and ) Tj ET Q q 0 0 0 rg BT 368.33 621.70 Td (the ) Tj ET Q q 0 0 0 rg BT 383.23 621.70 Td (sale ) Tj ET Q q 0 0 0 rg BT 401.46 621.70 Td (or ) Tj ET Q q 0 0 0 rg BT 412.48 621.70 Td (disposition ) Tj ET Q q 0 0 0 rg BT 459.07 621.70 Td (of ) Tj ET Q q 0 0 0 rg BT 470.08 621.70 Td (a ) Tj ET Q q 0 0 0 rg BT 477.21 621.70 Td (significant ) Tj ET Q q 0 0 0 rg BT 522.11 621.70 Td (portion ) Tj ET Q q 0 0 0 rg BT 553.68 621.70 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.70 Td (the ) Tj ET Q q 0 0 0 rg BT 64.56 609.70 Td (business. ) Tj ET Q q 0 0 0 rg BT 103.13 609.70 Td (The ) Tj ET Q q 0 0 0 rg BT 121.03 609.70 Td (Company ) Tj ET Q q 0 0 0 rg BT 162.26 609.70 Td (applies ) Tj ET Q q 0 0 0 rg BT 192.94 609.70 Td (the ) Tj ET Q q 0 0 0 rg BT 207.50 609.70 Td (accounting ) Tj ET Q q 0 0 0 rg BT 253.72 609.70 Td (guidance ) Tj ET Q q 0 0 0 rg BT 292.16 609.70 Td (concerning ) Tj ET Q q 0 0 0 rg BT 338.93 609.70 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 376.84 609.70 Td (impairment ) Tj ET Q q 0 0 0 rg BT 425.28 609.70 Td (evaluation, ) Tj ET Q q 0 0 0 rg BT 471.78 609.70 Td (whereby ) Tj ET Q q 0 0 0 rg BT 508.56 609.70 Td (the ) Tj ET Q q 0 0 0 rg BT 523.12 609.70 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.70 Td (first ) Tj ET Q q 0 0 0 rg BT 69.13 597.70 Td (assesses ) Tj ET Q q 0 0 0 rg BT 104.93 597.70 Td (certain ) Tj ET Q q 0 0 0 rg BT 135.15 597.70 Td (qualitative ) Tj ET Q q 0 0 0 rg BT 180.38 597.70 Td (factors ) Tj ET Q q 0 0 0 rg BT 210.61 597.70 Td (to ) Tj ET Q q 0 0 0 rg BT 221.41 597.70 Td (determine ) Tj ET Q q 0 0 0 rg BT 264.41 597.70 Td (whether ) Tj ET Q q 0 0 0 rg BT 299.64 597.70 Td (the ) Tj ET Q q 0 0 0 rg BT 314.88 597.70 Td (existence ) Tj ET Q q 0 0 0 rg BT 355.11 597.70 Td (of ) Tj ET Q q 0 0 0 rg BT 366.46 597.70 Td (events ) Tj ET Q q 0 0 0 rg BT 395.03 597.70 Td (or ) Tj ET Q q 0 0 0 rg BT 406.38 597.70 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 466.04 597.70 Td (would ) Tj ET Q q 0 0 0 rg BT 494.07 597.70 Td (indicate ) Tj ET Q q 0 0 0 rg BT 528.74 597.70 Td (that ) Tj ET Q q 0 0 0 rg BT 546.76 597.70 Td (it ) Tj ET Q q 0 0 0 rg BT 555.34 597.70 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.70 Td (more ) Tj ET Q q 0 0 0 rg BT 72.69 585.70 Td (likely ) Tj ET Q q 0 0 0 rg BT 97.60 585.70 Td (than ) Tj ET Q q 0 0 0 rg BT 116.95 585.70 Td (not ) Tj ET Q q 0 0 0 rg BT 131.87 585.70 Td (that ) Tj ET Q q 0 0 0 rg BT 149.00 585.70 Td (the ) Tj ET Q q 0 0 0 rg BT 163.36 585.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 179.38 585.70 Td (value ) Tj ET Q q 0 0 0 rg BT 203.17 585.70 Td (of ) Tj ET Q q 0 0 0 rg BT 213.64 585.70 Td (a ) Tj ET Q q 0 0 0 rg BT 220.21 585.70 Td (reporting ) Tj ET Q q 0 0 0 rg BT 259.01 585.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 276.70 585.70 Td (was ) Tj ET Q q 0 0 0 rg BT 294.39 585.70 Td (less ) Tj ET Q q 0 0 0 rg BT 311.53 585.70 Td (than ) Tj ET Q q 0 0 0 rg BT 330.89 585.70 Td (its ) Tj ET Q q 0 0 0 rg BT 342.48 585.70 Td (carrying ) Tj ET Q q 0 0 0 rg BT 377.93 585.70 Td (amount. ) Tj ET Q q 0 0 0 rg BT 412.56 585.70 Td (If ) Tj ET Q q 0 0 0 rg BT 421.36 585.70 Td (after ) Tj ET Q q 0 0 0 rg BT 441.82 585.70 Td (assessing ) Tj ET Q q 0 0 0 rg BT 481.18 585.70 Td (the ) Tj ET Q q 0 0 0 rg BT 495.53 585.70 Td (totality ) Tj ET Q q 0 0 0 rg BT 526.00 585.70 Td (of ) Tj ET Q q 0 0 0 rg BT 536.47 585.70 Td (events ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.70 Td (and ) Tj ET Q q 0 0 0 rg BT 66.43 573.70 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 127.55 573.70 Td (we ) Tj ET Q q 0 0 0 rg BT 141.20 573.70 Td (were ) Tj ET Q q 0 0 0 rg BT 162.62 573.70 Td (to ) Tj ET Q q 0 0 0 rg BT 172.38 573.70 Td (determine ) Tj ET Q q 0 0 0 rg BT 214.35 573.70 Td (that ) Tj ET Q q 0 0 0 rg BT 231.33 573.70 Td (it ) Tj ET Q q 0 0 0 rg BT 238.88 573.70 Td (is ) Tj ET Q q 0 0 0 rg BT 247.53 573.70 Td (more ) Tj ET Q q 0 0 0 rg BT 270.07 573.70 Td (likely ) Tj ET Q q 0 0 0 rg BT 294.83 573.70 Td (than ) Tj ET Q q 0 0 0 rg BT 314.03 573.70 Td (not ) Tj ET Q q 0 0 0 rg BT 328.80 573.70 Td (that ) Tj ET Q q 0 0 0 rg BT 345.78 573.70 Td (the ) Tj ET Q q 0 0 0 rg BT 359.99 573.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 375.85 573.70 Td (value ) Tj ET Q q 0 0 0 rg BT 399.49 573.70 Td (of ) Tj ET Q q 0 0 0 rg BT 409.81 573.70 Td (a ) Tj ET Q q 0 0 0 rg BT 416.24 573.70 Td (reporting ) Tj ET Q q 0 0 0 rg BT 454.88 573.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 472.42 573.70 Td (is ) Tj ET Q q 0 0 0 rg BT 481.08 573.70 Td (less ) Tj ET Q q 0 0 0 rg BT 498.07 573.70 Td (than ) Tj ET Q q 0 0 0 rg BT 517.27 573.70 Td (its ) Tj ET Q q 0 0 0 rg BT 528.71 573.70 Td (carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.70 Td (amount, ) Tj ET Q q 0 0 0 rg BT 85.00 561.70 Td (then ) Tj ET Q q 0 0 0 rg BT 104.71 561.70 Td (we ) Tj ET Q q 0 0 0 rg BT 118.87 561.70 Td (would ) Tj ET Q q 0 0 0 rg BT 146.37 561.70 Td (perform ) Tj ET Q q 0 0 0 rg BT 181.08 561.70 Td (quantitative ) Tj ET Q q 0 0 0 rg BT 230.79 561.70 Td (impairment ) Tj ET Q q 0 0 0 rg BT 279.38 561.70 Td (testing. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 537.70 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 537.70 Td (e ) Tj ET Q q 0 0 0 rg BT 102.02 537.70 Td (perform ) Tj ET Q q 0 0 0 rg BT 137.17 537.70 Td (our ) Tj ET Q q 0 0 0 rg BT 153.45 537.70 Td (annual ) Tj ET Q q 0 0 0 rg BT 183.05 537.70 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 221.55 537.70 Td (impairment ) Tj ET Q q 0 0 0 rg BT 270.60 537.70 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 315.19 537.70 Td (and ) Tj ET Q q 0 0 0 rg BT 332.58 537.70 Td (testing ) Tj ET Q q 0 0 0 rg BT 362.19 537.70 Td (as ) Tj ET Q q 0 0 0 rg BT 373.47 537.70 Td (of ) Tj ET Q q 0 0 0 rg BT 384.74 537.70 Td (October ) Tj ET Q q 0 0 0 rg BT 419.89 537.70 Td (1st ) Tj ET Q q 0 0 0 rg BT 434.51 537.70 Td (of ) Tj ET Q q 0 0 0 rg BT 445.79 537.70 Td (each ) Tj ET Q q 0 0 0 rg BT 467.05 537.70 Td (year ) Tj ET Q q 0 0 0 rg BT 487.20 537.70 Td (or) Tj ET Q q 0 0 0 rg BT 495.13 537.70 Td (, ) Tj ET Q q 0 0 0 rg BT 500.58 537.70 Td (when ) Tj ET Q q 0 0 0 rg BT 525.18 537.70 Td (events ) Tj ET Q q 0 0 0 rg BT 553.67 537.70 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.70 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 109.14 525.70 Td (dictate, ) Tj ET Q q 0 0 0 rg BT 140.79 525.70 Td (more ) Tj ET Q q 0 0 0 rg BT 163.84 525.70 Td (frequently) Tj ET Q q 0 0 0 rg BT 204.28 525.70 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 501.70 Td (The ) Tj ET Q q 0 0 0 rg BT 105.28 501.70 Td (Company ) Tj ET Q q 0 0 0 rg BT 147.89 501.70 Td (has ) Tj ET Q q 0 0 0 rg BT 164.95 501.70 Td (considered ) Tj ET Q q 0 0 0 rg BT 212.00 501.70 Td (the ) Tj ET Q q 0 0 0 rg BT 227.94 501.70 Td (guidance ) Tj ET Q q 0 0 0 rg BT 267.77 501.70 Td (within ) Tj ET Q q 0 0 0 rg BT 296.23 501.70 Td (ASC ) Tj ET Q q 0 0 0 rg BT 319.41 501.70 Td (350 ) Tj ET Q q 0 0 0 rg BT 338.14 501.70 Td (Goodwill ) Tj ET Q q 0 0 0 rg BT 384.09 501.70 Td (and ) Tj ET Q q 0 0 0 rg BT 402.26 501.70 Td (Other ) Tj ET Q q 0 0 0 rg BT 428.75 501.70 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 472.20 501.70 Td (Assets ) Tj ET Q q 0 0 0 rg BT 506.48 501.70 Td (and ) Tj ET Q q 0 0 0 rg BT 523.83 501.70 Td (ASC ) Tj ET Q q 0 0 0 rg BT 547.01 501.70 Td (280 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.70 Td (Segment ) Tj ET Q q 0 0 0 rg BT 91.42 489.70 Td (Reporting ) Tj ET Q q 0 0 0 rg BT 137.84 489.70 Td (in ) Tj ET Q q 0 0 0 rg BT 147.60 489.70 Td (concluding ) Tj ET Q q 0 0 0 rg BT 194.02 489.70 Td (that ) Tj ET Q q 0 0 0 rg BT 211.00 489.70 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 231.87 489.70 Td (ef) Tj ET Q q 0 0 0 rg BT 239.46 489.70 Td (fectively ) Tj ET Q q 0 0 0 rg BT 276.42 489.70 Td (operates ) Tj ET Q q 0 0 0 rg BT 311.72 489.70 Td (as ) Tj ET Q q 0 0 0 rg BT 322.04 489.70 Td (one ) Tj ET Q q 0 0 0 rg BT 338.46 489.70 Td (operating ) Tj ET Q q 0 0 0 rg BT 378.21 489.70 Td (and ) Tj ET Q q 0 0 0 rg BT 394.63 489.70 Td (reportable ) Tj ET Q q 0 0 0 rg BT 437.15 489.70 Td (segment ) Tj ET Q q 0 0 0 rg BT 472.46 489.70 Td (and ) Tj ET Q q 0 0 0 rg BT 488.88 489.70 Td (one ) Tj ET Q q 0 0 0 rg BT 505.31 489.70 Td (reporting ) Tj ET Q q 0 0 0 rg BT 543.95 489.70 Td (unit. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 465.70 Td (The ) Tj ET Q q 0 0 0 rg BT 102.88 465.70 Td (Company) Tj ET Q q 0 0 0 rg BT 144.55 465.70 Td (s ) Tj ET Q q 0 0 0 rg BT 149.78 465.70 Td (indefinite-lived ) Tj ET Q q 0 0 0 rg BT 212.76 465.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 237.43 465.70 Td (are ) Tj ET Q q 0 0 0 rg BT 250.97 465.70 Td (associated ) Tj ET Q q 0 0 0 rg BT 293.40 465.70 Td (with ) Tj ET Q q 0 0 0 rg BT 312.52 465.70 Td (the ) Tj ET Q q 0 0 0 rg BT 326.07 465.70 Td (estimated ) Tj ET Q q 0 0 0 rg BT 365.73 465.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 380.94 465.70 Td (value ) Tj ET Q q 0 0 0 rg BT 403.93 465.70 Td (of ) Tj ET Q q 0 0 0 rg BT 413.60 465.70 Td (the ) Tj ET Q q 0 0 0 rg BT 427.15 465.70 Td (contractual ) Tj ET Q q 0 0 0 rg BT 472.91 465.70 Td (customer ) Tj ET Q q 0 0 0 rg BT 510.90 465.70 Td (relationships ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.70 Td (existing ) Tj ET Q q 0 0 0 rg BT 83.95 453.70 Td (within ) Tj ET Q q 0 0 0 rg BT 111.79 453.70 Td (Ebix. ) Tj ET Q q 0 0 0 rg BT 135.46 453.70 Td (Indefinite-lived ) Tj ET Q q 0 0 0 rg BT 199.94 453.70 Td (intangible ) Tj ET Q q 0 0 0 rg BT 242.22 453.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 267.83 453.70 Td (are ) Tj ET Q q 0 0 0 rg BT 282.32 453.70 Td (not ) Tj ET Q q 0 0 0 rg BT 297.38 453.70 Td (amortized, ) Tj ET Q q 0 0 0 rg BT 342.15 453.70 Td (but ) Tj ET Q q 0 0 0 rg BT 357.21 453.70 Td (rather ) Tj ET Q q 0 0 0 rg BT 382.81 453.70 Td (are ) Tj ET Q q 0 0 0 rg BT 397.30 453.70 Td (tested ) Tj ET Q q 0 0 0 rg BT 422.91 453.70 Td (for ) Tj ET Q q 0 0 0 rg BT 436.86 453.70 Td (impairment ) Tj ET Q q 0 0 0 rg BT 485.24 453.70 Td (annually ) Tj ET Q q 0 0 0 rg BT 521.96 453.70 Td (and ) Tj ET Q q 0 0 0 rg BT 538.68 453.70 Td (tested ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.70 Td (on ) Tj ET Q q 0 0 0 rg BT 62.10 441.70 Td (an ) Tj ET Q q 0 0 0 rg BT 73.65 441.70 Td (interim ) Tj ET Q q 0 0 0 rg BT 104.63 441.70 Td (basis ) Tj ET Q q 0 0 0 rg BT 126.74 441.70 Td (if ) Tj ET Q q 0 0 0 rg BT 134.95 441.70 Td (a ) Tj ET Q q 0 0 0 rg BT 141.49 441.70 Td (triggering ) Tj ET Q q 0 0 0 rg BT 183.03 441.70 Td (event ) Tj ET Q q 0 0 0 rg BT 206.79 441.70 Td (has ) Tj ET Q q 0 0 0 rg BT 222.23 441.70 Td (occurred.Please ) Tj ET Q q 0 0 0 rg BT 289.85 441.70 Td (see ) Tj ET Q q 0 0 0 rg BT 304.73 441.70 Td (Note ) Tj ET Q q 0 0 0 rg BT 326.27 441.70 Td (9 ) Tj ET Q q 0 0 0 rg BT 333.37 441.70 Td ("Goodwill" ) Tj ET Q q 0 0 0 rg BT 381.42 441.70 Td (for ) Tj ET Q q 0 0 0 rg BT 395.19 441.70 Td (information ) Tj ET Q q 0 0 0 rg BT 444.50 441.70 Td (regarding ) Tj ET Q q 0 0 0 rg BT 484.92 441.70 Td (interim ) Tj ET Q q 0 0 0 rg BT 515.91 441.70 Td (impairment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.70 Td (testing ) Tj ET Q q 0 0 0 rg BT 79.17 429.70 Td (of ) Tj ET Q q 0 0 0 rg BT 90.00 429.70 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 128.05 429.70 Td (and ) Tj ET Q q 0 0 0 rg BT 144.99 429.70 Td (indefinite-lived ) Tj ET Q q 0 0 0 rg BT 209.14 429.70 Td (intangible ) Tj ET Q q 0 0 0 rg BT 251.63 429.70 Td (assets.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 405.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 405.70 Td (Capitalized ) Tj ET Q q 0 0 0 rg BT 137.33 405.70 Td (Softwar) Tj ET Q q 0 0 0 rg BT 171.03 405.70 Td (e ) Tj ET Q q 0 0 0 rg BT 177.91 405.70 Td (Development ) Tj ET Q q 0 0 0 rg BT 236.45 405.70 Td (Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.78 405.70 Td (In ) Tj ET Q q 0 0 0 rg BT 280.55 405.70 Td (accordance ) Tj ET Q q 0 0 0 rg BT 327.95 405.70 Td (with ) Tj ET Q q 0 0 0 rg BT 348.17 405.70 Td (the ) Tj ET Q q 0 0 0 rg BT 362.83 405.70 Td (relevant ) Tj ET Q q 0 0 0 rg BT 397.47 405.70 Td (F) Tj ET Q q 0 0 0 rg BT 402.29 405.70 Td (ASB ) Tj ET Q q 0 0 0 rg BT 424.18 405.70 Td (accounting ) Tj ET Q q 0 0 0 rg BT 470.50 405.70 Td (guidance ) Tj ET Q q 0 0 0 rg BT 509.03 405.70 Td (regarding ) Tj ET Q q 0 0 0 rg BT 549.79 405.70 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.70 Td (development ) Tj ET Q q 0 0 0 rg BT 103.72 393.70 Td (of ) Tj ET Q q 0 0 0 rg BT 114.13 393.70 Td (software ) Tj ET Q q 0 0 0 rg BT 150.63 393.70 Td (to ) Tj ET Q q 0 0 0 rg BT 160.48 393.70 Td (be ) Tj ET Q q 0 0 0 rg BT 171.99 393.70 Td (sold, ) Tj ET Q q 0 0 0 rg BT 193.23 393.70 Td (leased ) Tj ET Q q 0 0 0 rg BT 220.29 393.70 Td (or ) Tj ET Q q 0 0 0 rg BT 230.69 393.70 Td (marketed, ) Tj ET Q q 0 0 0 rg BT 272.47 393.70 Td (the ) Tj ET Q q 0 0 0 rg BT 286.76 393.70 Td (Company ) Tj ET Q q 0 0 0 rg BT 327.72 393.70 Td (expenses ) Tj ET Q q 0 0 0 rg BT 365.89 393.70 Td (such ) Tj ET Q q 0 0 0 rg BT 386.29 393.70 Td (costs ) Tj ET Q q 0 0 0 rg BT 408.36 393.70 Td (as ) Tj ET Q q 0 0 0 rg BT 418.77 393.70 Td (they ) Tj ET Q q 0 0 0 rg BT 438.06 393.70 Td (are ) Tj ET Q q 0 0 0 rg BT 452.34 393.70 Td (incurred ) Tj ET Q q 0 0 0 rg BT 487.72 393.70 Td (until ) Tj ET Q q 0 0 0 rg BT 508.13 393.70 Td (technological ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.70 Td (feasibility ) Tj ET Q q 0 0 0 rg BT 92.06 381.70 Td (has ) Tj ET Q q 0 0 0 rg BT 107.46 381.70 Td (been ) Tj ET Q q 0 0 0 rg BT 128.41 381.70 Td (established, ) Tj ET Q q 0 0 0 rg BT 177.41 381.70 Td (at ) Tj ET Q q 0 0 0 rg BT 186.69 381.70 Td (and ) Tj ET Q q 0 0 0 rg BT 203.20 381.70 Td (after ) Tj ET Q q 0 0 0 rg BT 223.59 381.70 Td (which ) Tj ET Q q 0 0 0 rg BT 250.09 381.70 Td (time ) Tj ET Q q 0 0 0 rg BT 269.94 381.70 Td (those ) Tj ET Q q 0 0 0 rg BT 293.12 381.70 Td (costs ) Tj ET Q q 0 0 0 rg BT 315.18 381.70 Td (are ) Tj ET Q q 0 0 0 rg BT 329.46 381.70 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 374.84 381.70 Td (until ) Tj ET Q q 0 0 0 rg BT 395.24 381.70 Td (the ) Tj ET Q q 0 0 0 rg BT 409.53 381.70 Td (product ) Tj ET Q q 0 0 0 rg BT 442.14 381.70 Td (is ) Tj ET Q q 0 0 0 rg BT 450.88 381.70 Td (available ) Tj ET Q q 0 0 0 rg BT 489.04 381.70 Td (for ) Tj ET Q q 0 0 0 rg BT 502.77 381.70 Td (general ) Tj ET Q q 0 0 0 rg BT 534.26 381.70 Td (release ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.70 Td (to ) Tj ET Q q 0 0 0 rg BT 59.96 369.70 Td (customers. ) Tj ET Q q 0 0 0 rg BT 105.18 369.70 Td (Costs ) Tj ET Q q 0 0 0 rg BT 129.59 369.70 Td (incurred ) Tj ET Q q 0 0 0 rg BT 165.08 369.70 Td (to ) Tj ET Q q 0 0 0 rg BT 175.03 369.70 Td (enhance ) Tj ET Q q 0 0 0 rg BT 209.96 369.70 Td (our ) Tj ET Q q 0 0 0 rg BT 225.47 369.70 Td (software ) Tj ET Q q 0 0 0 rg BT 262.08 369.70 Td (products, ) Tj ET Q q 0 0 0 rg BT 301.19 369.70 Td (after ) Tj ET Q q 0 0 0 rg BT 321.68 369.70 Td (general ) Tj ET Q q 0 0 0 rg BT 353.29 369.70 Td (market ) Tj ET Q q 0 0 0 rg BT 383.23 369.70 Td (release ) Tj ET Q q 0 0 0 rg BT 413.16 369.70 Td (of ) Tj ET Q q 0 0 0 rg BT 423.66 369.70 Td (the ) Tj ET Q q 0 0 0 rg BT 438.06 369.70 Td (services ) Tj ET Q q 0 0 0 rg BT 472.44 369.70 Td (using ) Tj ET Q q 0 0 0 rg BT 496.29 369.70 Td (the ) Tj ET Q q 0 0 0 rg BT 510.68 369.70 Td (products, ) Tj ET Q q 0 0 0 rg BT 549.80 369.70 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.70 Td (expensed ) Tj ET Q q 0 0 0 rg BT 89.71 357.70 Td (in ) Tj ET Q q 0 0 0 rg BT 99.99 357.70 Td (the ) Tj ET Q q 0 0 0 rg BT 114.70 357.70 Td (period ) Tj ET Q q 0 0 0 rg BT 142.75 357.70 Td (they ) Tj ET Q q 0 0 0 rg BT 162.47 357.70 Td (are ) Tj ET Q q 0 0 0 rg BT 177.17 357.70 Td (incurred. ) Tj ET Q q 0 0 0 rg BT 215.49 357.70 Td ( ) Tj ET Q q 0 0 0 rg BT 217.99 357.70 Td (See ) Tj ET Q q 0 0 0 rg BT 234.93 357.70 Td (Note ) Tj ET Q q 0 0 0 rg BT 256.87 357.70 Td (10 ) Tj ET Q q 0 0 0 rg BT 269.37 357.70 Td ("Capitalized ) Tj ET Q q 0 0 0 rg BT 321.48 357.70 Td (Software ) Tj ET Q q 0 0 0 rg BT 360.08 357.70 Td (Development ) Tj ET Q q 0 0 0 rg BT 416.46 357.70 Td (Costs" ) Tj ET Q q 0 0 0 rg BT 445.27 357.70 Td (for ) Tj ET Q q 0 0 0 rg BT 459.43 357.70 Td (further ) Tj ET Q q 0 0 0 rg BT 489.14 357.70 Td (details.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 335.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 335.70 Td (Finite-lived ) Tj ET Q q 0 0 0 rg BT 139.17 335.70 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 186.42 335.70 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.08 335.70 Td (Purchased ) Tj ET Q q 0 0 0 rg BT 268.47 335.70 Td (intangible ) Tj ET Q q 0 0 0 rg BT 312.76 335.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 340.38 335.70 Td (represent ) Tj ET Q q 0 0 0 rg BT 381.31 335.70 Td (the ) Tj ET Q q 0 0 0 rg BT 397.82 335.70 Td (estimated ) Tj ET Q q 0 0 0 rg BT 440.43 335.70 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 488.61 335.70 Td (date ) Tj ET Q q 0 0 0 rg BT 509.55 335.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 527.72 335.70 Td (value ) Tj ET Q q 0 0 0 rg BT 553.67 335.70 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 323.70 Td (customer ) Tj ET Q q 0 0 0 rg BT 88.15 323.70 Td (relationships, ) Tj ET Q q 0 0 0 rg BT 143.25 323.70 Td (developed ) Tj ET Q q 0 0 0 rg BT 185.85 323.70 Td 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0 0 rg BT 505.14 437.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.03 437.00 Td ( ) Tj ET Q q 0 0 0 rg BT 536.08 437.00 Td (for ) Tj ET Q q 0 0 0 rg BT 549.79 437.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 425.00 Td (three ) Tj ET Q q 0 0 0 rg BT 72.49 425.00 Td (months ) Tj ET Q q 0 0 0 rg BT 104.43 425.00 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.81 425.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 174.41 425.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.41 425.00 Td ( ) Tj ET Q q 0 0 0 rg BT 196.91 425.00 Td (and ) Tj ET Q q 0 0 0 rg BT 213.85 425.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 238.85 425.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 286.51 425.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 403.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 403.00 Td (For) Tj ET Q q 0 0 0 rg BT 101.37 403.00 Td (eign ) Tj ET Q q 0 0 0 rg BT 121.81 403.00 Td (Curr) Tj ET Q q 0 0 0 rg BT 143.29 403.00 Td (ency ) Tj ET Q q 0 0 0 rg BT 165.19 403.00 Td (T) Tj ET Q q 0 0 0 rg BT 171.12 403.00 Td (ranslation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.46 403.00 Td (The ) Tj ET Q q 0 0 0 rg BT 242.67 403.00 Td (functional ) Tj ET Q q 0 0 0 rg BT 285.87 403.00 Td (currency ) Tj ET Q q 0 0 0 rg BT 323.51 403.00 Td (is ) Tj ET Q q 0 0 0 rg BT 332.84 403.00 Td (the ) Tj ET Q q 0 0 0 rg BT 347.72 403.00 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 368.16 403.00 Td (Dollar ) Tj ET Q q 0 0 0 rg BT 396.37 403.00 Td (for ) Tj ET Q q 0 0 0 rg BT 410.69 403.00 Td (the ) Tj ET Q q 0 0 0 rg BT 425.57 403.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 472.81 403.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 504.35 403.00 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 554.23 403.00 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.00 Td (Dubai ) Tj ET Q q 0 0 0 rg BT 76.81 391.00 Td (and ) Tj ET Q q 0 0 0 rg BT 93.63 391.00 Td (Singapore, ) Tj ET Q q 0 0 0 rg BT 139.05 391.00 Td (because ) Tj ET Q q 0 0 0 rg BT 173.07 391.00 Td (the ) Tj ET Q q 0 0 0 rg BT 187.66 391.00 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 234.46 391.00 Td (property ) Tj ET Q q 0 0 0 rg BT 270.72 391.00 Td (research ) Tj ET Q q 0 0 0 rg BT 306.40 391.00 Td (and ) Tj ET Q q 0 0 0 rg BT 323.21 391.00 Td (development ) Tj ET Q q 0 0 0 rg BT 377.24 391.00 Td (activities ) Tj ET Q q 0 0 0 rg BT 415.71 391.00 Td (provided ) Tj ET Q q 0 0 0 rg BT 453.63 391.00 Td (by ) Tj ET Q q 0 0 0 rg BT 466.01 391.00 Td (its ) Tj ET Q q 0 0 0 rg BT 477.83 391.00 Td (Dubai ) Tj ET Q q 0 0 0 rg BT 504.65 391.00 Td (and ) Tj ET Q q 0 0 0 rg BT 521.46 391.00 Td (Singapore ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.00 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 99.49 379.00 Td (are ) Tj ET Q q 0 0 0 rg BT 113.96 379.00 Td (in ) Tj ET Q q 0 0 0 rg BT 124.01 379.00 Td (support ) Tj ET Q q 0 0 0 rg BT 156.28 379.00 Td (of ) Tj ET Q q 0 0 0 rg BT 166.88 379.00 Td (the ) Tj ET Q q 0 0 0 rg BT 181.37 379.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 228.22 379.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 268.26 379.00 Td (divisions ) Tj ET Q q 0 0 0 rg BT 306.65 379.00 Td (across ) Tj ET Q q 0 0 0 rg BT 333.91 379.00 Td (the ) Tj ET Q q 0 0 0 rg BT 348.39 379.00 Td (world, ) Tj ET Q q 0 0 0 rg BT 376.49 379.00 Td (which ) Tj ET Q q 0 0 0 rg BT 403.20 379.00 Td (are ) Tj ET Q q 0 0 0 rg BT 417.68 379.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 457.16 379.00 Td (transacted ) Tj ET Q q 0 0 0 rg BT 499.97 379.00 Td (in ) Tj ET Q q 0 0 0 rg BT 510.01 379.00 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 530.07 379.00 Td (Dollars.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 357.00 Td (During ) Tj ET Q q 0 0 0 rg BT 116.94 357.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.76 357.00 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.75 357.00 Td ( ) Tj ET Q q 0 0 0 rg BT 154.35 357.00 Td (months ) Tj ET Q q 0 0 0 rg BT 186.41 357.00 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.89 357.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 256.60 357.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.60 357.00 Td (, ) Tj ET Q q 0 0 0 rg BT 281.71 357.00 Td (the ) Tj ET Q q 0 0 0 rg BT 296.53 357.00 Td (net ) Tj ET Q q 0 0 0 rg BT 311.36 357.00 Td (change ) Tj ET Q q 0 0 0 rg BT 342.28 357.00 Td (in ) Tj ET Q q 0 0 0 rg BT 352.67 357.00 Td (the ) Tj ET Q q 0 0 0 rg BT 367.49 357.00 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 414.53 357.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 446.01 357.00 Td (currency ) Tj ET Q q 0 0 0 rg BT 483.59 357.00 Td (translation ) Tj ET Q q 0 0 0 rg BT 528.41 357.00 Td (account, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.00 Td (which ) Tj ET Q q 0 0 0 rg BT 77.85 345.00 Td (is ) Tj ET Q q 0 0 0 rg BT 87.93 345.00 Td (a ) Tj ET Q q 0 0 0 rg BT 95.78 345.00 Td (component ) Tj ET Q q 0 0 0 rg BT 143.62 345.00 Td (of ) Tj ET Q q 0 0 0 rg BT 155.36 345.00 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 209.30 345.00 Td (other ) Tj ET Q q 0 0 0 rg BT 233.25 345.00 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 297.19 345.00 Td (loss ) Tj ET Q q 0 0 0 rg BT 316.17 345.00 Td (within ) Tj ET Q q 0 0 0 rg BT 345.13 345.00 Td (stockholders) Tj ET Q q 0 0 0 rg BT 398.27 345.00 Td ( ) Tj ET Q q 0 0 0 rg BT 401.68 345.00 Td (equity) Tj ET Q q 0 0 0 rg BT 426.02 345.00 Td (, ) Tj ET Q q 0 0 0 rg BT 431.93 345.00 Td (was ) Tj ET Q q 0 0 0 rg BT 450.89 345.00 Td (an ) Tj ET Q q 0 0 0 rg BT 463.74 345.00 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 508.79 345.00 Td (loss ) Tj ET Q q 0 0 0 rg BT 527.76 345.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.50 345.00 Td ($49.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 333.00 Td (, ) Tj ET Q q 0 0 0 rg BT 83.89 333.00 Td (of ) Tj ET Q q 0 0 0 rg BT 94.72 333.00 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.66 333.00 Td ($40.9 ) Tj ET Q q 0 0 0 rg BT 146.66 333.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.55 333.00 Td ( ) Tj ET Q q 0 0 0 rg BT 178.05 333.00 Td (was ) Tj ET Q q 0 0 0 rg BT 196.10 333.00 Td (caused ) Tj ET Q q 0 0 0 rg BT 225.81 333.00 Td (by ) Tj ET Q q 0 0 0 rg BT 238.31 333.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.03 333.00 Td (4.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.86 333.00 Td ( ) Tj ET Q q 0 0 0 rg BT 276.36 333.00 Td (weakening ) Tj ET Q q 0 0 0 rg BT 322.17 333.00 Td (of ) Tj ET Q q 0 0 0 rg BT 333.00 333.00 Td (the ) Tj ET Q q 0 0 0 rg BT 347.72 333.00 Td (Indian ) Tj ET Q q 0 0 0 rg BT 375.77 333.00 Td (rupee.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 311.00 Td (The ) Tj ET Q q 0 0 0 rg BT 104.57 311.00 Td (functional ) Tj ET Q q 0 0 0 rg BT 148.13 311.00 Td (currency ) Tj ET Q q 0 0 0 rg BT 186.12 311.00 Td (of ) Tj ET Q q 0 0 0 rg BT 197.47 311.00 Td (the ) Tj ET Q q 0 0 0 rg BT 212.71 311.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 260.31 311.00 Td (other ) Tj ET Q q 0 0 0 rg BT 283.88 311.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 315.78 311.00 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 366.01 311.00 Td (is ) Tj ET Q q 0 0 0 rg BT 375.70 311.00 Td (the ) Tj ET Q q 0 0 0 rg BT 390.94 311.00 Td (local ) Tj ET Q q 0 0 0 rg BT 413.39 311.00 Td (currency ) Tj ET Q q 0 0 0 rg BT 451.39 311.00 Td (of ) Tj ET Q q 0 0 0 rg BT 462.74 311.00 Td (the ) Tj ET Q q 0 0 0 rg BT 477.98 311.00 Td (country ) Tj ET Q q 0 0 0 rg BT 511.54 311.00 Td (in ) Tj ET Q q 0 0 0 rg BT 522.34 311.00 Td (which ) Tj ET Q q 0 0 0 rg BT 549.80 311.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.00 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 93.41 299.00 Td (operates. ) Tj ET Q q 0 0 0 rg BT 131.36 299.00 Td (The ) Tj ET Q q 0 0 0 rg BT 149.21 299.00 Td (assets ) Tj ET Q q 0 0 0 rg BT 174.84 299.00 Td (and ) Tj ET Q q 0 0 0 rg BT 191.58 299.00 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 231.10 299.00 Td (of ) Tj ET Q q 0 0 0 rg BT 241.73 299.00 Td (these ) Tj ET Q q 0 0 0 rg BT 264.58 299.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 295.75 299.00 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 345.27 299.00 Td (are ) Tj ET Q q 0 0 0 rg BT 359.78 299.00 Td (translated ) Tj ET Q q 0 0 0 rg BT 400.95 299.00 Td (into ) Tj ET Q q 0 0 0 rg BT 418.81 299.00 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 438.90 299.00 Td (dollars ) Tj ET Q q 0 0 0 rg BT 468.42 299.00 Td (at ) Tj ET Q q 0 0 0 rg BT 477.93 299.00 Td (the ) Tj ET Q q 0 0 0 rg BT 492.45 299.00 Td (rates ) Tj ET Q q 0 0 0 rg BT 513.63 299.00 Td (of ) Tj ET Q q 0 0 0 rg BT 524.26 299.00 Td (exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 287.00 Td (at ) Tj ET Q q 0 0 0 rg BT 59.81 287.00 Td (the ) Tj ET Q q 0 0 0 rg BT 74.62 287.00 Td (balance ) Tj ET Q q 0 0 0 rg BT 107.75 287.00 Td (sheet ) Tj ET Q q 0 0 0 rg BT 130.89 287.00 Td (dates. ) Tj ET Q q 0 0 0 rg BT 156.53 287.00 Td (Income ) Tj ET Q q 0 0 0 rg BT 189.11 287.00 Td (and ) Tj ET Q q 0 0 0 rg BT 206.14 287.00 Td (expense ) Tj ET Q q 0 0 0 rg BT 240.94 287.00 Td (accounts ) Tj ET Q q 0 0 0 rg BT 278.52 287.00 Td (are ) Tj ET Q q 0 0 0 rg BT 293.33 287.00 Td (translated ) Tj ET Q q 0 0 0 rg BT 334.79 287.00 Td (at ) Tj ET Q q 0 0 0 rg BT 344.60 287.00 Td (the ) Tj ET Q q 0 0 0 rg BT 359.41 287.00 Td (average ) Tj ET Q q 0 0 0 rg BT 393.09 287.00 Td (exchange ) Tj ET Q q 0 0 0 rg BT 433.44 287.00 Td (rates ) Tj ET Q q 0 0 0 rg BT 454.91 287.00 Td (in ) Tj ET Q q 0 0 0 rg BT 465.28 287.00 Td (ef) Tj ET Q q 0 0 0 rg BT 472.87 287.00 Td (fect ) Tj ET Q q 0 0 0 rg BT 490.45 287.00 Td (during ) Tj ET Q q 0 0 0 rg BT 519.15 287.00 Td (the ) Tj ET Q q 0 0 0 rg BT 533.96 287.00 Td (period. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 275.00 Td (Gains ) Tj ET Q q 0 0 0 rg BT 75.38 275.00 Td (and ) Tj ET Q q 0 0 0 rg BT 91.86 275.00 Td (losses ) Tj ET Q q 0 0 0 rg BT 117.79 275.00 Td (resulting ) Tj ET Q q 0 0 0 rg BT 154.83 275.00 Td (from ) Tj ET Q q 0 0 0 rg BT 176.32 275.00 Td (translation ) Tj ET Q q 0 0 0 rg BT 220.58 275.00 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 270.39 275.00 Td (are ) Tj ET Q q 0 0 0 rg BT 284.65 275.00 Td (included ) Tj ET Q q 0 0 0 rg BT 321.12 275.00 Td (as ) Tj ET Q q 0 0 0 rg BT 331.50 275.00 Td (a ) Tj ET Q q 0 0 0 rg BT 337.98 275.00 Td (component ) Tj ET Q q 0 0 0 rg BT 384.46 275.00 Td (of ) Tj ET Q q 0 0 0 rg BT 394.84 275.00 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 447.41 275.00 Td (other ) Tj ET Q q 0 0 0 rg BT 470.00 275.00 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 532.58 275.00 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 263.00 Td (in ) Tj ET Q q 0 0 0 rg BT 60.79 263.00 Td (the ) Tj ET Q q 0 0 0 rg BT 76.02 263.00 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 137.34 263.00 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 184.79 263.00 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 240.58 263.00 Td (Balance ) Tj ET Q q 0 0 0 rg BT 275.79 263.00 Td (Sheets, ) Tj ET Q q 0 0 0 rg BT 307.41 263.00 Td (and ) Tj ET Q q 0 0 0 rg BT 324.86 263.00 Td (are ) Tj ET Q q 0 0 0 rg BT 340.08 263.00 Td (included ) Tj ET Q q 0 0 0 rg BT 377.52 263.00 Td (in ) Tj ET Q q 0 0 0 rg BT 388.31 263.00 Td (the ) Tj ET Q q 0 0 0 rg BT 403.54 263.00 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 450.99 263.00 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 506.78 263.00 Td (Statements ) Tj ET Q q 0 0 0 rg BT 553.67 263.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 251.00 Td (Comprehensive ) Tj ET Q q 0 0 0 rg BT 114.10 251.00 Td (Income. ) Tj ET Q q 0 0 0 rg BT 147.92 251.00 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 180.36 251.00 Td (exchange ) Tj ET Q q 0 0 0 rg BT 219.45 251.00 Td (transaction ) Tj ET Q q 0 0 0 rg BT 264.66 251.00 Td (gains ) Tj ET Q q 0 0 0 rg BT 287.10 251.00 Td (and ) Tj ET Q q 0 0 0 rg BT 302.87 251.00 Td (losses ) Tj ET Q q 0 0 0 rg BT 328.10 251.00 Td (that ) Tj ET Q q 0 0 0 rg BT 344.43 251.00 Td (are ) Tj ET Q q 0 0 0 rg BT 357.97 251.00 Td (derived ) Tj ET Q q 0 0 0 rg BT 389.29 251.00 Td (from ) Tj ET Q q 0 0 0 rg BT 410.06 251.00 Td (transactions ) Tj ET Q q 0 0 0 rg BT 459.16 251.00 Td (denominated ) Tj ET Q q 0 0 0 rg BT 512.14 251.00 Td (in ) Tj ET Q q 0 0 0 rg BT 521.26 251.00 Td (a ) Tj ET Q q 0 0 0 rg BT 527.03 251.00 Td (currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 239.00 Td (other ) Tj ET Q q 0 0 0 rg BT 73.05 239.00 Td (than ) Tj ET Q q 0 0 0 rg BT 92.76 239.00 Td (the ) Tj ET Q q 0 0 0 rg BT 107.48 239.00 Td (subsidiary's ) Tj ET Q q 0 0 0 rg BT 156.78 239.00 Td (functional ) Tj ET Q q 0 0 0 rg BT 199.82 239.00 Td (currency ) Tj ET Q q 0 0 0 rg BT 237.30 239.00 Td (are ) Tj ET Q q 0 0 0 rg BT 252.01 239.00 Td (included ) Tj ET Q q 0 0 0 rg BT 288.94 239.00 Td (in ) Tj ET Q q 0 0 0 rg BT 299.22 239.00 Td (the ) Tj ET Q q 0 0 0 rg BT 313.94 239.00 Td (determination ) Tj ET Q q 0 0 0 rg BT 371.97 239.00 Td (of ) Tj ET Q q 0 0 0 rg BT 382.80 239.00 Td (net ) Tj ET Q q 0 0 0 rg BT 397.52 239.00 Td (income.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 217.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 217.00 Td (Income ) Tj ET Q q 0 0 0 rg BT 119.59 217.00 Td (T) Tj ET Q q 0 0 0 rg BT 125.34 217.00 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.67 217.00 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 191.27 217.00 Td (income ) Tj ET Q q 0 0 0 rg BT 222.78 217.00 Td (taxes ) Tj ET Q q 0 0 0 rg BT 245.41 217.00 Td (are ) Tj ET Q q 0 0 0 rg BT 259.69 217.00 Td (recorded ) Tj ET Q q 0 0 0 rg BT 296.74 217.00 Td (to ) Tj ET Q q 0 0 0 rg BT 306.60 217.00 Td (reflect ) Tj ET Q q 0 0 0 rg BT 334.21 217.00 Td (the ) Tj ET Q q 0 0 0 rg BT 348.50 217.00 Td (estimated ) Tj ET Q q 0 0 0 rg BT 388.90 217.00 Td (future ) Tj ET Q q 0 0 0 rg BT 414.85 217.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 429.14 217.00 Td (ef) Tj ET Q q 0 0 0 rg BT 436.73 217.00 Td (fects ) Tj ET Q q 0 0 0 rg BT 457.69 217.00 Td (of ) Tj ET Q q 0 0 0 rg BT 468.09 217.00 Td (dif) Tj ET Q q 0 0 0 rg BT 479.02 217.00 Td (ferences ) Tj ET Q q 0 0 0 rg BT 514.40 217.00 Td (between ) Tj ET Q q 0 0 0 rg BT 549.79 217.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 87.51 205.00 Td (statement ) Tj ET Q q 0 0 0 rg BT 128.35 205.00 Td (and ) Tj ET Q q 0 0 0 rg BT 145.32 205.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 160.06 205.00 Td (basis ) Tj ET Q q 0 0 0 rg BT 182.59 205.00 Td (of ) Tj ET Q q 0 0 0 rg BT 193.45 205.00 Td (assets, ) Tj ET Q q 0 0 0 rg BT 221.80 205.00 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 264.05 205.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 304.34 205.00 Td (losses, ) Tj ET Q q 0 0 0 rg BT 333.26 205.00 Td (and ) Tj ET Q q 0 0 0 rg BT 350.22 205.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 364.97 205.00 Td (credit ) Tj ET Q q 0 0 0 rg BT 390.26 205.00 Td (carry ) Tj ET Q q 0 0 0 rg BT 413.32 205.00 Td (forwards ) Tj ET Q q 0 0 0 rg BT 451.39 205.00 Td (using ) Tj ET Q q 0 0 0 rg BT 475.59 205.00 Td (the ) Tj ET Q q 0 0 0 rg BT 490.33 205.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 505.07 205.00 Td (rates ) Tj ET Q q 0 0 0 rg BT 526.48 205.00 Td (expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.00 Td (to ) Tj ET Q q 0 0 0 rg BT 60.19 193.00 Td (be ) Tj ET Q q 0 0 0 rg BT 72.03 193.00 Td (in ) Tj ET Q q 0 0 0 rg BT 82.22 193.00 Td (ef) Tj ET Q q 0 0 0 rg BT 89.80 193.00 Td (fect ) Tj ET Q q 0 0 0 rg BT 107.20 193.00 Td (when ) Tj ET Q q 0 0 0 rg BT 131.26 193.00 Td (the ) Tj ET Q q 0 0 0 rg BT 145.89 193.00 Td (temporary ) Tj ET Q q 0 0 0 rg BT 189.39 193.00 Td (dif) Tj ET Q q 0 0 0 rg BT 200.32 193.00 Td (ferences ) Tj ET Q q 0 0 0 rg BT 236.03 193.00 Td (reverse. ) Tj ET Q q 0 0 0 rg BT 269.63 193.00 Td (V) Tj ET Q q 0 0 0 rg BT 275.74 193.00 Td (aluation ) Tj ET Q q 0 0 0 rg BT 310.36 193.00 Td (allowances, ) Tj ET Q q 0 0 0 rg BT 359.69 193.00 Td (if ) Tj ET Q q 0 0 0 rg BT 368.21 193.00 Td (any) Tj ET Q q 0 0 0 rg BT 382.00 193.00 Td (, ) Tj ET Q q 0 0 0 rg BT 386.91 193.00 Td (are ) Tj ET Q q 0 0 0 rg BT 401.52 193.00 Td (recorded ) Tj ET Q q 0 0 0 rg BT 438.90 193.00 Td (to ) Tj ET Q q 0 0 0 rg BT 449.09 193.00 Td (reduce ) Tj ET Q q 0 0 0 rg BT 478.14 193.00 Td (deferred ) Tj ET Q q 0 0 0 rg BT 513.85 193.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 528.48 193.00 Td (assets ) Tj ET Q q 0 0 0 rg BT 554.22 193.00 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.00 Td (the ) Tj ET Q q 0 0 0 rg BT 64.66 181.00 Td (amount ) Tj ET Q q 0 0 0 rg BT 97.09 181.00 Td (management ) Tj ET Q q 0 0 0 rg BT 150.62 181.00 Td (considers ) Tj ET Q q 0 0 0 rg BT 190.83 181.00 Td (more ) Tj ET Q q 0 0 0 rg BT 213.81 181.00 Td (likely ) Tj ET Q q 0 0 0 rg BT 239.02 181.00 Td (than ) Tj ET Q q 0 0 0 rg BT 258.68 181.00 Td (not ) Tj ET Q q 0 0 0 rg BT 273.90 181.00 Td (to ) Tj ET Q q 0 0 0 rg BT 284.11 181.00 Td (be ) Tj ET Q q 0 0 0 rg BT 295.99 181.00 Td (realized. ) Tj ET Q q 0 0 0 rg BT 332.57 181.00 Td (Such ) Tj ET Q q 0 0 0 rg BT 355.01 181.00 Td (valuation ) Tj ET Q q 0 0 0 rg BT 394.66 181.00 Td (allowances ) Tj ET Q q 0 0 0 rg BT 441.52 181.00 Td (are ) Tj ET Q q 0 0 0 rg BT 456.17 181.00 Td (recorded ) Tj ET Q q 0 0 0 rg BT 493.58 181.00 Td (for ) Tj ET Q q 0 0 0 rg BT 507.68 181.00 Td (the ) Tj ET Q q 0 0 0 rg BT 522.34 181.00 Td (portion ) Tj ET Q q 0 0 0 rg BT 553.66 181.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.00 Td (the ) Tj ET Q q 0 0 0 rg BT 65.26 169.00 Td (deferred ) Tj ET Q q 0 0 0 rg BT 101.61 169.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 116.87 169.00 Td (assets ) Tj ET Q q 0 0 0 rg BT 143.24 169.00 Td (that ) Tj ET Q q 0 0 0 rg BT 161.27 169.00 Td (are ) Tj ET Q q 0 0 0 rg BT 176.52 169.00 Td (not ) Tj ET Q q 0 0 0 rg BT 192.34 169.00 Td (expected ) Tj ET Q q 0 0 0 rg BT 230.92 169.00 Td (to ) Tj ET Q q 0 0 0 rg BT 241.74 169.00 Td (be ) Tj ET Q q 0 0 0 rg BT 254.22 169.00 Td (realized ) Tj ET Q q 0 0 0 rg BT 288.90 169.00 Td (based ) Tj ET Q q 0 0 0 rg BT 314.71 169.00 Td (on ) Tj ET Q q 0 0 0 rg BT 327.75 169.00 Td (the ) Tj ET Q q 0 0 0 rg BT 343.01 169.00 Td (levels ) Tj ET Q q 0 0 0 rg BT 369.38 169.00 Td (of ) Tj ET Q q 0 0 0 rg BT 380.75 169.00 Td (historical ) Tj ET Q q 0 0 0 rg BT 421.01 169.00 Td (taxable ) Tj ET Q q 0 0 0 rg BT 452.92 169.00 Td (income ) Tj ET Q q 0 0 0 rg BT 485.40 169.00 Td (and ) Tj ET Q q 0 0 0 rg BT 502.88 169.00 Td (projections ) Tj ET Q q 0 0 0 rg BT 550.35 169.00 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.00 Td (future ) Tj ET Q q 0 0 0 rg BT 76.38 157.00 Td (taxable ) Tj ET Q q 0 0 0 rg BT 107.75 157.00 Td (income ) Tj ET Q q 0 0 0 rg BT 139.68 157.00 Td (over ) Tj ET Q q 0 0 0 rg BT 159.95 157.00 Td (the ) Tj ET Q q 0 0 0 rg BT 174.67 157.00 Td (periods ) Tj ET Q q 0 0 0 rg BT 206.61 157.00 Td (in ) Tj ET Q q 0 0 0 rg BT 216.88 157.00 Td (which ) Tj ET Q q 0 0 0 rg BT 243.82 157.00 Td (the ) Tj ET Q q 0 0 0 rg BT 258.54 157.00 Td (temporary ) Tj ET Q q 0 0 0 rg BT 302.13 157.00 Td (dif) Tj ET Q q 0 0 0 rg BT 313.06 157.00 Td (ferences ) Tj ET Q q 0 0 0 rg BT 348.87 157.00 Td (will ) Tj ET Q q 0 0 0 rg BT 366.92 157.00 Td (be ) Tj ET Q q 0 0 0 rg BT 378.86 157.00 Td (deductible.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 135.00 Td (The ) Tj ET Q q 0 0 0 rg BT 104.06 135.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.46 135.00 Td (applies ) Tj ET Q q 0 0 0 rg BT 176.30 135.00 Td (the ) Tj ET Q q 0 0 0 rg BT 191.03 135.00 Td (relevant ) Tj ET Q q 0 0 0 rg BT 225.75 135.00 Td (F) Tj ET Q q 0 0 0 rg BT 230.57 135.00 Td (ASB ) Tj ET Q q 0 0 0 rg BT 252.53 135.00 Td (accounting ) Tj ET Q q 0 0 0 rg BT 298.92 135.00 Td (guidance ) Tj ET Q q 0 0 0 rg BT 337.53 135.00 Td (on ) Tj ET Q q 0 0 0 rg BT 350.04 135.00 Td (accounting ) Tj ET Q q 0 0 0 rg BT 396.42 135.00 Td (for ) Tj ET Q q 0 0 0 rg BT 410.60 135.00 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 458.09 135.00 Td (in ) Tj ET Q q 0 0 0 rg BT 468.38 135.00 Td (income ) Tj ET Q q 0 0 0 rg BT 500.33 135.00 Td (taxes ) Tj ET Q q 0 0 0 rg BT 523.39 135.00 Td (positions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.00 Td (This ) Tj ET Q q 0 0 0 rg BT 70.72 123.00 Td (guidance ) Tj ET Q q 0 0 0 rg BT 109.75 123.00 Td (clarifies ) Tj ET Q q 0 0 0 rg BT 144.89 123.00 Td (the ) Tj ET Q q 0 0 0 rg BT 160.04 123.00 Td (accounting ) Tj ET Q q 0 0 0 rg BT 206.85 123.00 Td (for ) Tj ET Q q 0 0 0 rg BT 221.45 123.00 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 269.36 123.00 Td (in ) Tj ET Q q 0 0 0 rg BT 280.08 123.00 Td (income ) Tj ET Q q 0 0 0 rg BT 312.45 123.00 Td (taxes ) Tj ET Q q 0 0 0 rg BT 335.93 123.00 Td (by ) Tj ET Q q 0 0 0 rg BT 348.87 123.00 Td (prescribing ) Tj ET Q q 0 0 0 rg BT 396.79 123.00 Td (the ) Tj ET Q q 0 0 0 rg BT 411.95 123.00 Td (minimum ) Tj ET Q q 0 0 0 rg BT 453.77 123.00 Td (recognition ) Tj ET Q q 0 0 0 rg BT 502.25 123.00 Td (threshold ) Tj ET Q q 0 0 0 rg BT 542.41 123.00 Td (a ) Tj ET Q q 0 0 0 rg BT 549.78 123.00 Td (tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.00 Td (position ) Tj ET Q q 0 0 0 rg BT 84.77 111.00 Td (is ) Tj ET Q q 0 0 0 rg BT 93.98 111.00 Td (required ) Tj ET Q q 0 0 0 rg BT 129.83 111.00 Td (to ) Tj ET Q q 0 0 0 rg BT 140.15 111.00 Td (meet ) Tj ET Q q 0 0 0 rg BT 162.13 111.00 Td (before ) Tj ET Q q 0 0 0 rg BT 190.20 111.00 Td (being ) Tj ET Q q 0 0 0 rg BT 214.96 111.00 Td (recognized ) Tj ET Q q 0 0 0 rg BT 261.36 111.00 Td (in ) Tj ET Q q 0 0 0 rg BT 271.68 111.00 Td (the ) Tj ET Q q 0 0 0 rg BT 286.44 111.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 323.96 111.00 Td (statements. ) Tj ET Q q 0 0 0 rg BT 371.21 111.00 Td (In ) Tj ET Q q 0 0 0 rg BT 382.08 111.00 Td (this ) Tj ET Q q 0 0 0 rg BT 399.07 111.00 Td (regard ) Tj ET Q q 0 0 0 rg BT 427.15 111.00 Td (we ) Tj ET Q q 0 0 0 rg BT 441.35 111.00 Td (recognize ) Tj ET Q q 0 0 0 rg BT 482.75 111.00 Td (the ) Tj ET Q q 0 0 0 rg BT 497.51 111.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 512.27 111.00 Td (benefit ) Tj ET Q q 0 0 0 rg BT 542.57 111.00 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.00 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 90.68 99.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 106.38 99.00 Td (positions ) Tj ET Q q 0 0 0 rg BT 145.97 99.00 Td (only ) Tj ET Q q 0 0 0 rg BT 167.23 99.00 Td (if ) Tj ET Q q 0 0 0 rg BT 176.82 99.00 Td (it ) Tj ET Q q 0 0 0 rg BT 185.85 99.00 Td (is ) Tj ET Q q 0 0 0 rg BT 196.00 99.00 Td (more ) Tj ET Q q 0 0 0 rg BT 220.03 99.00 Td (likely ) Tj ET Q q 0 0 0 rg BT 246.28 99.00 Td (than ) Tj ET Q q 0 0 0 rg BT 266.98 99.00 Td (not ) Tj ET Q q 0 0 0 rg BT 283.23 99.00 Td (that ) Tj ET Q q 0 0 0 rg BT 301.71 99.00 Td (the ) Tj ET Q q 0 0 0 rg BT 317.40 99.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 333.10 99.00 Td (position ) Tj ET Q q 0 0 0 rg BT 368.81 99.00 Td (will ) Tj ET Q q 0 0 0 rg BT 387.84 99.00 Td (be ) Tj ET Q q 0 0 0 rg BT 400.76 99.00 Td (sustained ) Tj ET Q q 0 0 0 rg BT 441.46 99.00 Td (on ) Tj ET Q q 0 0 0 rg BT 454.93 99.00 Td (examination ) Tj ET Q q 0 0 0 rg BT 507.84 99.00 Td (by ) Tj ET Q q 0 0 0 rg BT 521.32 99.00 Td (the ) Tj ET Q q 0 0 0 rg BT 537.02 99.00 Td (taxing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.00 Td (authorities, ) Tj ET Q q 0 0 0 rg BT 97.21 87.00 Td (based ) Tj ET Q q 0 0 0 rg BT 122.48 87.00 Td (on ) Tj ET Q q 0 0 0 rg BT 134.98 87.00 Td (the ) Tj ET Q q 0 0 0 rg BT 149.70 87.00 Td (technical ) Tj ET Q q 0 0 0 rg BT 188.29 87.00 Td (merits ) Tj ET Q q 0 0 0 rg BT 215.78 87.00 Td (of ) Tj ET Q q 0 0 0 rg BT 226.61 87.00 Td (the ) Tj ET Q q 0 0 0 rg BT 241.33 87.00 Td (position.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 65.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 65.00 Td (Recent ) Tj ET Q q 0 0 0 rg BT 118.42 65.00 Td (Relevant ) Tj ET Q q 0 0 0 rg BT 158.51 65.00 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 210.39 65.00 Td (Pr) Tj ET Q q 0 0 0 rg BT 220.76 65.00 Td (onouncements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.87 65.00 Td (The ) Tj ET Q q 0 0 0 rg BT 310.40 65.00 Td (following ) Tj ET Q q 0 0 0 rg BT 352.28 65.00 Td (is ) Tj ET Q q 0 0 0 rg BT 361.94 65.00 Td (a ) Tj ET Q q 0 0 0 rg BT 369.36 65.00 Td (brief ) Tj ET Q q 0 0 0 rg BT 391.23 65.00 Td (discussion ) Tj ET Q q 0 0 0 rg BT 435.88 65.00 Td (of ) Tj ET Q q 0 0 0 rg BT 447.20 65.00 Td (recently ) Tj ET Q q 0 0 0 rg BT 482.39 65.00 Td (released ) Tj ET Q q 0 0 0 rg BT 518.13 65.00 Td (accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 53.00 Td (pronouncements ) Tj ET Q q 0 0 0 rg BT 118.59 53.00 Td (that ) Tj ET Q q 0 0 0 rg BT 136.09 53.00 Td (are ) Tj ET Q q 0 0 0 rg BT 150.80 53.00 Td (pertinent ) Tj ET Q q 0 0 0 rg BT 188.84 53.00 Td (to ) Tj ET Q q 0 0 0 rg BT 199.12 53.00 Td (the ) Tj ET Q q 0 0 0 rg BT 213.83 53.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 260.91 53.00 Td (business:) Tj ET Q endstream endobj 49 0 obj <>] /Rotate 0 /Contents 50 0 R>> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 742.10 Td (In ) Tj ET Q q 0 0 0 rg BT 97.83 742.10 Td (March ) Tj ET Q q 0 0 0 rg BT 127.42 742.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 153.41 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 169.13 742.10 Td (F) Tj ET Q q 0 0 0 rg BT 173.95 742.10 Td (ASB ) Tj ET Q q 0 0 0 rg BT 196.89 742.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 224.62 742.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 248.12 742.10 Td (2020-04, ) Tj ET Q q 0 0 0 rg BT 287.44 742.10 Td (Reference ) Tj ET Q q 0 0 0 rg BT 331.46 742.10 Td (Rate ) Tj ET Q q 0 0 0 rg BT 353.28 742.10 Td (Reform ) Tj ET Q q 0 0 0 rg BT 387.32 742.10 Td (\(T) Tj ET Q q 0 0 0 rg BT 396.06 742.10 Td (opic ) Tj ET Q q 0 0 0 rg BT 416.77 742.10 Td (848\): ) Tj ET Q q 0 0 0 rg BT 441.38 742.10 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 445.82 742.10 Td (Facilitation ) Tj ET Q q 0 0 0 rg BT 496.53 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 507.80 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 523.51 742.10 Td (Effects ) Tj ET Q q 0 0 0 rg BT 554.22 742.10 Td (of ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Refer) Tj ET Q q 0 0 0 rg BT 71.28 730.10 Td (ence ) Tj ET Q q 0 0 0 rg BT 93.16 730.10 Td (Rate ) Tj ET Q q 0 0 0 rg BT 115.05 730.10 Td (Reform ) Tj ET Q q 0 0 0 rg BT 148.05 730.10 Td (on ) Tj ET Q q 0 0 0 rg BT 161.61 730.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 204.05 730.10 Td (Reporting. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.67 730.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 279.23 730.10 Td (2020-04 ) Tj ET Q q 0 0 0 rg BT 316.13 730.10 Td (was ) Tj ET Q q 0 0 0 rg BT 335.24 730.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 363.80 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 375.14 730.10 Td (response ) Tj ET Q q 0 0 0 rg BT 413.69 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 425.03 730.10 Td (concerns ) Tj ET Q q 0 0 0 rg BT 464.13 730.10 Td (about ) Tj ET Q q 0 0 0 rg BT 489.90 730.10 Td (structural ) Tj ET Q q 0 0 0 rg BT 531.23 730.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 553.68 730.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (interbank ) Tj ET Q q 0 0 0 rg BT 89.58 718.10 Td (of) Tj ET Q q 0 0 0 rg BT 97.73 718.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 120.09 718.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 140.79 718.10 Td (\(IBORs\), ) Tj ET Q q 0 0 0 rg BT 179.56 718.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 198.32 718.10 Td (particularly) Tj ET Q q 0 0 0 rg BT 243.75 718.10 Td (, ) Tj ET Q q 0 0 0 rg BT 248.08 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 262.11 718.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 278.94 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 289.09 718.10 Td (cessation ) Tj ET Q q 0 0 0 rg BT 327.56 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 337.71 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 351.75 718.10 Td (London ) Tj ET Q q 0 0 0 rg BT 384.68 718.10 Td (Interbank ) Tj ET Q q 0 0 0 rg BT 424.82 718.10 Td (Of) Tj ET Q q 0 0 0 rg BT 435.19 718.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 457.55 718.10 Td (Rate ) Tj ET Q q 0 0 0 rg BT 477.70 718.10 Td (\(LIBOR\), ) Tj ET Q q 0 0 0 rg BT 518.68 718.10 Td (Regulators ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (around ) Tj ET Q q 0 0 0 rg BT 80.03 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 94.50 706.10 Td (world ) Tj ET Q q 0 0 0 rg BT 120.09 706.10 Td (have ) Tj ET Q q 0 0 0 rg BT 141.22 706.10 Td (undertaken ) Tj ET Q q 0 0 0 rg BT 187.90 706.10 Td (reference ) Tj ET Q q 0 0 0 rg BT 227.34 706.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 244.59 706.10 Td (reform ) Tj ET Q q 0 0 0 rg BT 274.05 706.10 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 315.75 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 325.78 706.10 Td (identify ) Tj ET Q q 0 0 0 rg BT 359.14 706.10 Td (alternative ) Tj ET Q q 0 0 0 rg BT 403.60 706.10 Td (reference ) Tj ET Q q 0 0 0 rg BT 443.04 706.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 464.17 706.10 Td (that ) Tj ET Q q 0 0 0 rg BT 481.42 706.10 Td (are ) Tj ET Q q 0 0 0 rg BT 495.89 706.10 Td (more ) Tj ET Q q 0 0 0 rg BT 518.69 706.10 Td (observable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (or ) Tj ET Q q 0 0 0 rg BT 60.57 694.10 Td (transaction-based ) Tj ET Q q 0 0 0 rg BT 132.79 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 149.47 694.10 Td (less ) Tj ET Q q 0 0 0 rg BT 166.71 694.10 Td (susceptible ) Tj ET Q q 0 0 0 rg BT 213.39 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 223.41 694.10 Td (manipulation. ) Tj ET Q q 0 0 0 rg BT 280.76 694.10 Td (The ) Tj ET Q q 0 0 0 rg BT 298.55 694.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 351.34 694.10 Td (in ) Tj ET Q q 0 0 0 rg BT 361.36 694.10 Td (this ) Tj ET Q q 0 0 0 rg BT 378.05 694.10 Td (update ) Tj ET Q q 0 0 0 rg BT 406.95 694.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 439.74 694.10 Td (optional ) Tj ET Q q 0 0 0 rg BT 474.76 694.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 513.10 694.10 Td (for ) Tj ET Q q 0 0 0 rg BT 527.00 694.10 Td (a ) Tj ET Q q 0 0 0 rg BT 533.68 694.10 Td (limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (time ) Tj ET Q q 0 0 0 rg BT 69.81 682.10 Td (to ) Tj ET Q q 0 0 0 rg BT 79.62 682.10 Td (ease ) Tj ET Q q 0 0 0 rg BT 98.86 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 113.11 682.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 150.13 682.10 Td (burden ) Tj ET Q q 0 0 0 rg BT 179.94 682.10 Td (in ) Tj ET Q q 0 0 0 rg BT 189.75 682.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 235.65 682.10 Td (for ) Tj ET Q q 0 0 0 rg BT 249.35 682.10 Td (\(or ) Tj ET Q q 0 0 0 rg BT 263.04 682.10 Td (recognizing ) Tj ET Q q 0 0 0 rg BT 312.28 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 326.53 682.10 Td (ef) Tj ET Q q 0 0 0 rg BT 334.12 682.10 Td (fects\) ) Tj ET Q q 0 0 0 rg BT 358.36 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 368.72 682.10 Td (reference ) Tj ET Q q 0 0 0 rg BT 407.94 682.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 424.96 682.10 Td (reform ) Tj ET Q q 0 0 0 rg BT 454.20 682.10 Td (on ) Tj ET Q q 0 0 0 rg BT 466.23 682.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 503.24 682.10 Td (reporting.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 542.40 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 544.43 682.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.47 682.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 103.91 670.10 Td (in ) Tj ET Q q 0 0 0 rg BT 115.06 670.10 Td (this ) Tj ET Q q 0 0 0 rg BT 132.88 670.10 Td (update ) Tj ET Q q 0 0 0 rg BT 162.90 670.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 196.82 670.10 Td (optional ) Tj ET Q q 0 0 0 rg BT 232.96 670.10 Td (expedients ) Tj ET Q q 0 0 0 rg BT 279.09 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 296.90 670.10 Td (exceptions ) Tj ET Q q 0 0 0 rg BT 343.03 670.10 Td (for ) Tj ET Q q 0 0 0 rg BT 358.06 670.10 Td (applying ) Tj ET Q q 0 0 0 rg BT 396.43 670.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 437.00 670.10 Td (accepted ) Tj ET Q q 0 0 0 rg BT 475.34 670.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 522.58 670.10 Td (principles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (\(GAAP\) ) Tj ET Q q 0 0 0 rg BT 86.86 658.10 Td (to ) Tj ET Q q 0 0 0 rg BT 97.60 658.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 139.17 658.10 Td (hedging ) Tj ET Q q 0 0 0 rg BT 174.35 658.10 Td (relationships, ) Tj ET Q q 0 0 0 rg BT 230.92 658.10 Td (and ) Tj ET Q q 0 0 0 rg BT 248.33 658.10 Td (other ) Tj ET Q q 0 0 0 rg BT 271.85 658.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 322.58 658.10 Td (af) Tj ET Q q 0 0 0 rg BT 330.17 658.10 Td (fected ) Tj ET Q q 0 0 0 rg BT 357.56 658.10 Td (by ) Tj ET Q q 0 0 0 rg BT 370.53 658.10 Td (reference ) Tj ET Q q 0 0 0 rg BT 410.68 658.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 428.63 658.10 Td (reform ) Tj ET Q q 0 0 0 rg BT 458.81 658.10 Td (if ) Tj ET Q q 0 0 0 rg BT 467.89 658.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 498.06 658.10 Td (criteria ) Tj ET Q q 0 0 0 rg BT 529.34 658.10 Td (are ) Tj ET Q q 0 0 0 rg BT 544.51 658.10 Td (met. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.06 646.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 121.12 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 131.42 646.10 Td (this ) Tj ET Q q 0 0 0 rg BT 148.38 646.10 Td (Update ) Tj ET Q q 0 0 0 rg BT 179.78 646.10 Td (are ) Tj ET Q q 0 0 0 rg BT 194.50 646.10 Td (elective ) Tj ET Q q 0 0 0 rg BT 228.11 646.10 Td (and ) Tj ET Q q 0 0 0 rg BT 245.06 646.10 Td (are ) Tj ET Q q 0 0 0 rg BT 259.79 646.10 Td (ef) Tj ET Q q 0 0 0 rg BT 267.38 646.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 297.09 646.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 319.61 646.10 Td (issuance ) Tj ET Q q 0 0 0 rg BT 356.01 646.10 Td (for ) Tj ET Q q 0 0 0 rg BT 370.18 646.10 Td (all ) Tj ET Q q 0 0 0 rg BT 382.70 646.10 Td (entities. ) Tj ET Q q 0 0 0 rg BT 416.41 646.10 Td (The ) Tj ET Q q 0 0 0 rg BT 434.48 646.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 471.99 646.10 Td (of ) Tj ET Q q 0 0 0 rg BT 482.84 646.10 Td (this ) Tj ET Q q 0 0 0 rg BT 499.80 646.10 Td (pronouncement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (is ) Tj ET Q q 0 0 0 rg BT 59.17 634.10 Td (not ) Tj ET Q q 0 0 0 rg BT 74.45 634.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 112.48 634.10 Td (to ) Tj ET Q q 0 0 0 rg BT 122.76 634.10 Td (have ) Tj ET Q q 0 0 0 rg BT 144.14 634.10 Td (a ) Tj ET Q q 0 0 0 rg BT 151.07 634.10 Td (material ) Tj ET Q q 0 0 0 rg BT 186.33 634.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 216.04 634.10 Td (on ) Tj ET Q q 0 0 0 rg BT 228.54 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 243.26 634.10 Td (Company) Tj ET Q q 0 0 0 rg BT 284.93 634.10 Td (s ) Tj ET Q q 0 0 0 rg BT 291.32 634.10 Td (operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 614.10 Td (In ) Tj ET Q q 0 0 0 rg BT 96.76 614.10 Td (December ) Tj ET Q q 0 0 0 rg BT 140.27 614.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 165.19 614.10 Td (the ) Tj ET Q q 0 0 0 rg BT 179.83 614.10 Td (F) Tj ET Q q 0 0 0 rg BT 184.65 614.10 Td (ASB ) Tj ET Q q 0 0 0 rg BT 206.53 614.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 233.42 614.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 255.85 614.10 Td (2019-12, ) Tj ET Q q 0 0 0 rg BT 294.11 614.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 326.34 614.10 Td (T) Tj ET Q q 0 0 0 rg BT 331.75 614.10 Td (axes ) Tj ET Q q 0 0 0 rg BT 351.95 614.10 Td (\(T) Tj ET Q q 0 0 0 rg BT 360.69 614.10 Td (opic ) Tj ET Q q 0 0 0 rg BT 380.33 614.10 Td (740\): ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 403.87 614.10 Td ("Simplifying ) Tj ET Q q 0 0 0 rg BT 456.04 614.10 Td (the ) Tj ET Q q 0 0 0 rg BT 470.51 614.10 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 518.48 614.10 Td (for ) Tj ET Q q 0 0 0 rg BT 532.57 614.10 Td (Income ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 602.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.64 602.10 Td (axes") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.61 602.10 Td (. ) Tj ET Q q 0 0 0 rg BT 80.87 602.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 103.14 602.10 Td (2019-12 ) Tj ET Q q 0 0 0 rg BT 138.73 602.10 Td (is ) Tj ET Q q 0 0 0 rg BT 147.66 602.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 185.45 602.10 Td (to ) Tj ET Q q 0 0 0 rg BT 195.49 602.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 224.40 602.10 Td (the ) Tj ET Q q 0 0 0 rg BT 238.88 602.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 257.25 602.10 Td (and ) Tj ET Q q 0 0 0 rg BT 273.94 602.10 Td (complexity ) Tj ET Q q 0 0 0 rg BT 321.20 602.10 Td (related ) Tj ET Q q 0 0 0 rg BT 350.66 602.10 Td (to ) Tj ET Q q 0 0 0 rg BT 360.70 602.10 Td (the ) Tj ET Q q 0 0 0 rg BT 375.17 602.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 421.31 602.10 Td (for ) Tj ET Q q 0 0 0 rg BT 435.23 602.10 Td (income ) Tj ET Q q 0 0 0 rg BT 466.92 602.10 Td (taxes ) Tj ET Q q 0 0 0 rg BT 489.73 602.10 Td (by ) Tj ET Q q 0 0 0 rg BT 501.99 602.10 Td (eliminating ) Tj ET Q q 0 0 0 rg BT 549.80 602.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (need ) Tj ET Q q 0 0 0 rg BT 71.38 590.10 Td (for ) Tj ET Q q 0 0 0 rg BT 85.54 590.10 Td (an ) Tj ET Q q 0 0 0 rg BT 97.48 590.10 Td (entity ) Tj ET Q q 0 0 0 rg BT 122.75 590.10 Td (to ) Tj ET Q q 0 0 0 rg BT 133.03 590.10 Td (analyze ) Tj ET Q q 0 0 0 rg BT 166.06 590.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 200.77 590.10 Td (the ) Tj ET Q q 0 0 0 rg BT 215.48 590.10 Td (following ) Tj ET Q q 0 0 0 rg BT 256.87 590.10 Td (apply ) Tj ET Q q 0 0 0 rg BT 281.59 590.10 Td (to ) Tj ET Q q 0 0 0 rg BT 291.87 590.10 Td (a ) Tj ET Q q 0 0 0 rg BT 298.80 590.10 Td (given ) Tj ET Q q 0 0 0 rg BT 323.52 590.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 362.68 590.10 Td (period:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.00 568.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 568.10 Td ( ) Tj ET Q q 0 0 0 rg BT 124.50 568.10 Td ( ) Tj ET Q q 0 0 0 rg BT 127.00 568.10 Td (Exception ) Tj ET Q q 0 0 0 rg BT 170.04 568.10 Td (to ) Tj ET Q q 0 0 0 rg BT 180.32 568.10 Td (the ) Tj ET Q q 0 0 0 rg BT 195.04 568.10 Td (incremental ) Tj ET Q q 0 0 0 rg BT 244.73 568.10 Td (approach ) Tj ET Q q 0 0 0 rg BT 283.88 568.10 Td (for ) Tj ET Q q 0 0 0 rg BT 298.04 568.10 Td (intra ) Tj ET Q q 0 0 0 rg BT 318.87 568.10 Td (period ) Tj ET Q q 0 0 0 rg BT 346.91 568.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 361.63 568.10 Td (allocation;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.00 546.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 546.10 Td ( ) Tj ET Q q 0 0 0 rg BT 124.42 546.10 Td ( ) Tj ET Q q 0 0 0 rg BT 126.83 546.10 Td (Exceptions ) Tj ET Q q 0 0 0 rg BT 173.68 546.10 Td (to ) Tj ET Q q 0 0 0 rg BT 183.88 546.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 230.16 546.10 Td (for ) Tj ET Q q 0 0 0 rg BT 244.24 546.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 266.66 546.10 Td (dif) Tj ET Q q 0 0 0 rg BT 277.58 546.10 Td (ferences ) Tj ET Q q 0 0 0 rg BT 313.31 546.10 Td (when ) Tj ET Q q 0 0 0 rg BT 337.38 546.10 Td (there ) Tj ET Q q 0 0 0 rg BT 359.78 546.10 Td (are ) Tj ET Q q 0 0 0 rg BT 374.41 546.10 Td (ownership ) Tj ET Q q 0 0 0 rg BT 418.48 546.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 453.11 546.10 Td (in ) Tj ET Q q 0 0 0 rg BT 463.30 546.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 494.59 546.10 Td (investments; ) Tj ET Q q 0 0 0 rg BT 547.56 546.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.00 524.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 524.10 Td ( ) Tj ET Q q 0 0 0 rg BT 124.50 524.10 Td ( ) Tj ET Q q 0 0 0 rg BT 127.00 524.10 Td (Exception ) Tj ET Q q 0 0 0 rg BT 170.04 524.10 Td (in ) Tj ET Q q 0 0 0 rg BT 180.32 524.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 211.70 524.10 Td (period ) Tj ET Q q 0 0 0 rg BT 239.75 524.10 Td (income ) Tj ET Q q 0 0 0 rg BT 271.68 524.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 286.40 524.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 332.77 524.10 Td (for ) Tj ET Q q 0 0 0 rg BT 346.93 524.10 Td (year) Tj ET Q q 0 0 0 rg BT 363.94 524.10 Td (-to-date ) Tj ET Q q 0 0 0 rg BT 397.53 524.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 423.92 524.10 Td (that ) Tj ET Q q 0 0 0 rg BT 441.42 524.10 Td (exceed ) Tj ET Q q 0 0 0 rg BT 471.67 524.10 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 518.04 524.10 Td (losses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 502.10 Td (For ) Tj ET Q q 0 0 0 rg BT 101.82 502.10 Td (public ) Tj ET Q q 0 0 0 rg BT 128.74 502.10 Td (business ) Tj ET Q q 0 0 0 rg BT 164.55 502.10 Td (entities, ) Tj ET Q q 0 0 0 rg BT 197.86 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 212.00 502.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 264.47 502.10 Td (in ) Tj ET Q q 0 0 0 rg BT 274.17 502.10 Td (this ) Tj ET Q q 0 0 0 rg BT 290.55 502.10 Td (Update ) Tj ET Q q 0 0 0 rg BT 321.35 502.10 Td (are ) Tj ET Q q 0 0 0 rg BT 335.48 502.10 Td (ef) Tj ET Q q 0 0 0 rg BT 343.07 502.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 372.20 502.10 Td (for ) Tj ET Q q 0 0 0 rg BT 385.78 502.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 409.36 502.10 Td (years, ) Tj ET Q q 0 0 0 rg BT 434.89 502.10 Td (and ) Tj ET Q q 0 0 0 rg BT 451.25 502.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 482.06 502.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 513.42 502.10 Td (within ) Tj ET Q q 0 0 0 rg BT 540.90 502.10 Td (those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 74.32 490.10 Td (years, ) Tj ET Q q 0 0 0 rg BT 100.58 490.10 Td (beginning ) Tj ET Q q 0 0 0 rg BT 143.24 490.10 Td (after ) Tj ET Q q 0 0 0 rg BT 164.22 490.10 Td (December ) Tj ET Q q 0 0 0 rg BT 207.97 490.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 223.14 490.10 Td (2020. ) Tj ET Q q 0 0 0 rg BT 248.11 490.10 Td (The ) Tj ET Q q 0 0 0 rg BT 266.32 490.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 307.87 490.10 Td (is ) Tj ET Q q 0 0 0 rg BT 317.21 490.10 Td (in ) Tj ET Q q 0 0 0 rg BT 327.65 490.10 Td (the ) Tj ET Q q 0 0 0 rg BT 342.53 490.10 Td (process ) Tj ET Q q 0 0 0 rg BT 375.19 490.10 Td (of ) Tj ET Q q 0 0 0 rg BT 386.19 490.10 Td (assessing ) Tj ET Q q 0 0 0 rg BT 426.07 490.10 Td (the ) Tj ET Q q 0 0 0 rg BT 440.95 490.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 470.83 490.10 Td (of ) Tj ET Q q 0 0 0 rg BT 481.24 490.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 503.91 490.10 Td (2019-12 ) Tj ET Q q 0 0 0 rg BT 539.90 490.10 Td (on ) Tj ET Q q 0 0 0 rg BT 552.57 490.10 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 453.70 Td (In ) Tj ET Q q 0 0 0 rg BT 96.22 453.70 Td (August ) Tj ET Q q 0 0 0 rg BT 127.55 453.70 Td (2018, ) Tj ET Q q 0 0 0 rg BT 152.48 453.70 Td (the ) Tj ET Q q 0 0 0 rg BT 167.12 453.70 Td (F) Tj ET Q q 0 0 0 rg BT 171.94 453.70 Td (ASB ) Tj ET Q q 0 0 0 rg BT 193.83 453.70 Td (issued ) Tj ET Q q 0 0 0 rg BT 220.72 453.70 Td (ASU ) Tj ET Q q 0 0 0 rg BT 243.16 453.70 Td (2018-13, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 281.42 453.70 Td (Fair ) Tj ET Q q 0 0 0 rg BT 301.63 453.70 Td (V) Tj ET Q q 0 0 0 rg BT 306.63 453.70 Td (alue ) Tj ET Q q 0 0 0 rg BT 326.27 453.70 Td (Measur) Tj ET Q q 0 0 0 rg BT 356.46 453.70 Td (ement ) Tj ET Q q 0 0 0 rg BT 382.76 453.70 Td (\(T) Tj ET Q q 0 0 0 rg BT 390.74 453.70 Td (opic ) Tj ET Q q 0 0 0 rg BT 410.38 453.70 Td (820\)) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 428.71 453.70 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 431.63 453.70 Td (Disclosur) Tj ET Q q 0 0 0 rg BT 470.15 453.70 Td (e ) Tj ET Q q 0 0 0 rg BT 477.02 453.70 Td (Framework-Changes ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 441.70 Td (to ) Tj ET Q q 0 0 0 rg BT 59.86 441.70 Td (the ) Tj ET Q q 0 0 0 rg BT 74.16 441.70 Td (Disclosur) Tj ET Q q 0 0 0 rg BT 112.68 441.70 Td (e ) Tj ET Q q 0 0 0 rg BT 119.19 441.70 Td (Requir) Tj ET Q q 0 0 0 rg BT 146.04 441.70 Td (ements ) Tj ET Q q 0 0 0 rg BT 175.89 441.70 Td (for ) Tj ET Q q 0 0 0 rg BT 189.64 441.70 Td (Fair ) Tj ET Q q 0 0 0 rg BT 209.50 441.70 Td (V) Tj ET Q q 0 0 0 rg BT 214.50 441.70 Td (alue ) Tj ET Q q 0 0 0 rg BT 233.79 441.70 Td (Measur) Tj ET Q q 0 0 0 rg BT 263.97 441.70 Td (ement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.43 441.70 Td (ASU ) Tj ET Q q 0 0 0 rg BT 314.52 441.70 Td (2018-13 ) Tj ET Q q 0 0 0 rg BT 349.93 441.70 Td (is ) Tj ET Q q 0 0 0 rg BT 358.68 441.70 Td (intended ) Tj ET Q q 0 0 0 rg BT 395.19 441.70 Td (to ) Tj ET Q q 0 0 0 rg BT 405.05 441.70 Td (improve ) Tj ET Q q 0 0 0 rg BT 440.45 441.70 Td (the ) Tj ET Q q 0 0 0 rg BT 454.75 441.70 Td (ef) Tj ET Q q 0 0 0 rg BT 462.34 441.70 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 508.84 441.70 Td (of ) Tj ET Q q 0 0 0 rg BT 518.79 441.70 Td (ASC ) Tj ET Q q 0 0 0 rg BT 540.33 441.70 Td (820) Tj ET Q q 0 0 0 rg BT 558.11 441.70 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.70 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 92.52 429.70 Td (requirements. ) Tj ET Q q 0 0 0 rg BT 149.04 429.70 Td (The ) Tj ET Q q 0 0 0 rg BT 166.56 429.70 Td (amendments ) Tj ET Q q 0 0 0 rg BT 219.07 429.70 Td (in ) Tj ET Q q 0 0 0 rg BT 228.82 429.70 Td (this ) Tj ET Q q 0 0 0 rg BT 244.80 429.70 Td (ASU ) Tj ET Q q 0 0 0 rg BT 266.78 429.70 Td (are ) Tj ET Q q 0 0 0 rg BT 280.95 429.70 Td (ef) Tj ET Q q 0 0 0 rg BT 288.54 429.70 Td (fective ) Tj ET Q q 0 0 0 rg BT 317.71 429.70 Td (for ) Tj ET Q q 0 0 0 rg BT 331.34 429.70 Td ( ) Tj ET Q q 0 0 0 rg BT 333.31 429.70 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 356.94 429.70 Td (years ) Tj ET Q q 0 0 0 rg BT 380.00 429.70 Td (beginning ) Tj ET Q q 0 0 0 rg BT 421.97 429.70 Td (after ) Tj ET Q q 0 0 0 rg BT 442.25 429.70 Td (December ) Tj ET Q q 0 0 0 rg BT 485.31 429.70 Td (15, ) Tj ET Q q 0 0 0 rg BT 499.77 429.70 Td (2019, ) Tj ET Q q 0 0 0 rg BT 524.24 429.70 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.70 Td (interim ) Tj ET Q q 0 0 0 rg BT 81.38 417.70 Td (periods ) Tj ET Q q 0 0 0 rg BT 113.32 417.70 Td (within ) Tj ET Q q 0 0 0 rg BT 141.38 417.70 Td (that ) Tj ET Q q 0 0 0 rg BT 158.87 417.70 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 183.03 417.70 Td (year) Tj ET Q q 0 0 0 rg BT 199.68 417.70 Td (. ) Tj ET Q q 0 0 0 rg BT 204.68 417.70 Td ( ) Tj ET Q q 0 0 0 rg BT 207.00 417.70 Td (The ) Tj ET Q q 0 0 0 rg BT 224.50 417.70 Td (ASU ) Tj ET Q q 0 0 0 rg BT 247.00 417.70 Td (will ) Tj ET Q q 0 0 0 rg BT 265.06 417.70 Td (result ) Tj ET Q q 0 0 0 rg BT 289.78 417.70 Td (in ) Tj ET Q q 0 0 0 rg BT 300.05 417.70 Td (the ) Tj ET Q q 0 0 0 rg BT 314.77 417.70 Td (following ) Tj ET Q q 0 0 0 rg BT 356.16 417.70 Td (changes:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 395.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 395.70 Td (Remove ) Tj ET Q q 0 0 0 rg BT 157.50 395.70 Td (the ) Tj ET Q q 0 0 0 rg BT 171.89 395.70 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 214.61 395.70 Td (to ) Tj ET Q q 0 0 0 rg BT 224.57 395.70 Td (report ) Tj ET Q q 0 0 0 rg BT 250.62 395.70 Td (the ) Tj ET Q q 0 0 0 rg BT 265.01 395.70 Td (amount ) Tj ET Q q 0 0 0 rg BT 297.18 395.70 Td (of ) Tj ET Q q 0 0 0 rg BT 307.69 395.70 Td (and ) Tj ET Q q 0 0 0 rg BT 324.30 395.70 Td (reasons ) Tj ET Q q 0 0 0 rg BT 356.47 395.70 Td (for ) Tj ET Q q 0 0 0 rg BT 370.30 395.70 Td (transfers ) Tj ET Q q 0 0 0 rg BT 406.91 395.70 Td (between ) Tj ET Q q 0 0 0 rg BT 442.40 395.70 Td (Level ) Tj ET Q q 0 0 0 rg BT 467.34 395.70 Td (1 ) Tj ET Q q 0 0 0 rg BT 474.51 395.70 Td (and ) Tj ET Q q 0 0 0 rg BT 491.13 395.70 Td (Level ) Tj ET Q q 0 0 0 rg BT 516.06 395.70 Td (2 ) Tj ET Q q 0 0 0 rg BT 523.24 395.70 Td (of ) Tj ET Q q 0 0 0 rg BT 533.75 395.70 Td (the ) Tj ET Q q 0 0 0 rg BT 548.14 395.70 Td (fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 383.70 Td (value ) Tj ET Q q 0 0 0 rg BT 146.16 383.70 Td (hierarchy;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 361.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 361.70 Td (Remove ) Tj ET Q q 0 0 0 rg BT 157.83 361.70 Td (the ) Tj ET Q q 0 0 0 rg BT 172.54 361.70 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 215.59 361.70 Td (of ) Tj ET Q q 0 0 0 rg BT 226.42 361.70 Td (the ) Tj ET Q q 0 0 0 rg BT 241.14 361.70 Td (policy ) Tj ET Q q 0 0 0 rg BT 268.63 361.70 Td (for ) Tj ET Q q 0 0 0 rg BT 282.79 361.70 Td (timing ) Tj ET Q q 0 0 0 rg BT 311.40 361.70 Td (of ) Tj ET Q q 0 0 0 rg BT 322.23 361.70 Td (transfers ) Tj ET Q q 0 0 0 rg BT 359.16 361.70 Td (between ) Tj ET Q q 0 0 0 rg BT 394.98 361.70 Td (levels;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 339.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 339.70 Td (Add ) Tj ET Q q 0 0 0 rg BT 141.58 339.70 Td (a ) Tj ET Q q 0 0 0 rg BT 148.38 339.70 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 191.29 339.70 Td (for ) Tj ET Q q 0 0 0 rg BT 205.31 339.70 Td (the ) Tj ET Q q 0 0 0 rg BT 219.89 339.70 Td (changes ) Tj ET Q q 0 0 0 rg BT 254.46 339.70 Td (in ) Tj ET Q q 0 0 0 rg BT 264.60 339.70 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 308.60 339.70 Td (gains ) Tj ET Q q 0 0 0 rg BT 332.07 339.70 Td (and ) Tj ET Q q 0 0 0 rg BT 348.87 339.70 Td (losses ) Tj ET Q q 0 0 0 rg BT 375.12 339.70 Td (for ) Tj ET Q q 0 0 0 rg BT 389.14 339.70 Td (the ) Tj ET Q q 0 0 0 rg BT 403.72 339.70 Td (period ) Tj ET Q q 0 0 0 rg BT 431.62 339.70 Td (included ) Tj ET Q q 0 0 0 rg BT 468.42 339.70 Td (in ) Tj ET Q q 0 0 0 rg BT 478.56 339.70 Td (other ) Tj ET Q q 0 0 0 rg BT 501.47 339.70 Td (comprehensive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 327.70 Td (income ) Tj ET Q q 0 0 0 rg BT 153.93 327.70 Td (for ) Tj ET Q q 0 0 0 rg BT 168.09 327.70 Td (recurring ) Tj ET Q q 0 0 0 rg BT 207.24 327.70 Td (Level ) Tj ET Q q 0 0 0 rg BT 232.50 327.70 Td (3 ) Tj ET Q q 0 0 0 rg BT 240.00 327.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 256.38 327.70 Td (value; ) Tj ET Q q 0 0 0 rg BT 283.31 327.70 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 305.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 305.70 Td (Add ) Tj ET Q q 0 0 0 rg BT 141.77 305.70 Td (a ) Tj ET Q q 0 0 0 rg BT 148.75 305.70 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 191.84 305.70 Td (for ) Tj ET Q q 0 0 0 rg BT 206.04 305.70 Td (the ) Tj ET Q q 0 0 0 rg BT 220.80 305.70 Td (range ) Tj ET Q q 0 0 0 rg BT 245.55 305.70 Td (and ) Tj ET Q q 0 0 0 rg BT 262.54 305.70 Td (weighted ) Tj ET Q q 0 0 0 rg BT 301.74 305.70 Td (average ) Tj ET Q q 0 0 0 rg BT 335.36 305.70 Td (of ) Tj ET Q q 0 0 0 rg BT 346.24 305.70 Td (significant ) Tj ET Q q 0 0 0 rg BT 390.99 305.70 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 446.85 305.70 Td (inputs ) Tj ET Q q 0 0 0 rg BT 473.85 305.70 Td (used ) Tj ET Q q 0 0 0 rg BT 494.72 305.70 Td (to ) Tj ET Q q 0 0 0 rg BT 505.04 305.70 Td (develop ) Tj ET Q q 0 0 0 rg BT 539.24 305.70 Td (Level ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 293.70 Td (3 ) Tj ET Q q 0 0 0 rg BT 129.50 293.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 145.88 293.70 Td (value ) Tj ET Q q 0 0 0 rg BT 170.03 293.70 Td (measurement.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 267.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 267.30 Td (The adoption of ) Tj ET Q q 0 0 0 rg BT 154.32 267.30 Td (ASU 2018-13 has not had a material impact on the Company) Tj ET Q q 0 0 0 rg BT 401.49 267.30 Td (s operations. ) Tj ET Q q 0 0 0 rg BT 456.86 267.30 Td (The Company will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.30 Td (continue to periodically assess the impact of this new pronouncement on its ongoing operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 233.30 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 233.30 Td (In ) Tj ET Q q 0 0 0 rg BT 96.68 233.30 Td (June ) Tj ET Q q 0 0 0 rg BT 117.35 233.30 Td (2016, ) Tj ET Q q 0 0 0 rg BT 142.20 233.30 Td (the ) Tj ET Q q 0 0 0 rg BT 156.76 233.30 Td (F) Tj ET Q q 0 0 0 rg BT 161.58 233.30 Td (ASB ) Tj ET Q q 0 0 0 rg BT 183.38 233.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 210.20 233.30 Td (ASU ) Tj ET Q q 0 0 0 rg BT 232.55 233.30 Td (2013-13. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 270.73 233.30 Td (Financial ) Tj ET Q q 0 0 0 rg BT 311.96 233.30 Td (Instruments ) Tj ET Q q 0 0 0 rg BT 361.52 233.30 Td (- ) Tj ET Q q 0 0 0 rg BT 367.20 233.30 Td (Cr) Tj ET Q q 0 0 0 rg BT 377.39 233.30 Td (edit ) Tj ET Q q 0 0 0 rg BT 394.73 233.30 Td (Losses ) Tj ET Q q 0 0 0 rg BT 423.75 233.30 Td (\(T) Tj ET Q q 0 0 0 rg BT 431.72 233.30 Td (opic ) Tj ET Q q 0 0 0 rg BT 451.28 233.30 Td (326\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.46 233.30 Td (The ) Tj ET Q q 0 0 0 rg BT 492.35 233.30 Td (main ) Tj ET Q q 0 0 0 rg BT 514.69 233.30 Td (objective ) Tj ET Q q 0 0 0 rg BT 553.69 233.30 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 221.30 Td (this ) Tj ET Q q 0 0 0 rg BT 65.78 221.30 Td (ASU ) Tj ET Q q 0 0 0 rg BT 87.50 221.30 Td (is ) Tj ET Q q 0 0 0 rg BT 95.89 221.30 Td (to ) Tj ET Q q 0 0 0 rg BT 105.38 221.30 Td (provide ) Tj ET Q q 0 0 0 rg BT 137.64 221.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 174.33 221.30 Td (statement ) Tj ET Q q 0 0 0 rg BT 214.37 221.30 Td (users ) Tj ET Q q 0 0 0 rg BT 236.63 221.30 Td (with ) Tj ET Q q 0 0 0 rg BT 256.13 221.30 Td (more ) Tj ET Q q 0 0 0 rg BT 278.39 221.30 Td (decision-useful ) Tj ET Q q 0 0 0 rg BT 341.19 221.30 Td (information ) Tj ET Q q 0 0 0 rg BT 390.12 221.30 Td (about ) Tj ET Q q 0 0 0 rg BT 414.05 221.30 Td (the ) Tj ET Q q 0 0 0 rg BT 427.98 221.30 Td (expected ) Tj ET Q q 0 0 0 rg BT 465.23 221.30 Td (credit ) Tj ET Q q 0 0 0 rg BT 489.70 221.30 Td (losses ) Tj ET Q q 0 0 0 rg BT 515.31 221.30 Td (on ) Tj ET Q q 0 0 0 rg BT 527.02 221.30 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 209.30 Td (instruments ) Tj ET Q q 0 0 0 rg BT 98.44 209.30 Td (and ) Tj ET Q q 0 0 0 rg BT 114.65 209.30 Td (other ) Tj ET Q q 0 0 0 rg BT 136.97 209.30 Td (commitments ) Tj ET Q q 0 0 0 rg BT 193.18 209.30 Td (to ) Tj ET Q q 0 0 0 rg BT 202.74 209.30 Td (extend ) Tj ET Q q 0 0 0 rg BT 231.17 209.30 Td (credit ) Tj ET Q q 0 0 0 rg BT 255.70 209.30 Td (held ) Tj ET Q q 0 0 0 rg BT 274.69 209.30 Td (by ) Tj ET Q q 0 0 0 rg BT 286.47 209.30 Td (a ) Tj ET Q q 0 0 0 rg BT 292.68 209.30 Td (reporting ) Tj ET Q q 0 0 0 rg BT 331.11 209.30 Td (entity ) Tj ET Q q 0 0 0 rg BT 355.66 209.30 Td (at ) Tj ET Q q 0 0 0 rg BT 364.65 209.30 Td (each ) Tj ET Q q 0 0 0 rg BT 384.74 209.30 Td (reporting ) Tj ET Q q 0 0 0 rg BT 423.17 209.30 Td (date. ) Tj ET Q q 0 0 0 rg BT 443.97 209.30 Td (The ) Tj ET Q q 0 0 0 rg BT 461.29 209.30 Td (measurement ) Tj ET Q q 0 0 0 rg BT 516.37 209.30 Td (of ) Tj ET Q q 0 0 0 rg BT 526.48 209.30 Td (expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 197.30 Td (credit ) Tj ET Q q 0 0 0 rg BT 74.62 197.30 Td (losses ) Tj ET Q q 0 0 0 rg BT 100.36 197.30 Td (is ) Tj ET Q q 0 0 0 rg BT 108.89 197.30 Td (based ) Tj ET Q q 0 0 0 rg BT 133.51 197.30 Td (on ) Tj ET Q q 0 0 0 rg BT 145.37 197.30 Td (relevant ) Tj ET Q q 0 0 0 rg BT 179.42 197.30 Td (information ) Tj ET Q q 0 0 0 rg BT 228.49 197.30 Td (about ) Tj ET Q q 0 0 0 rg BT 252.56 197.30 Td (past ) Tj ET Q q 0 0 0 rg BT 270.52 197.30 Td (events, ) Tj ET Q q 0 0 0 rg BT 300.42 197.30 Td (including ) Tj ET Q q 0 0 0 rg BT 340.05 197.30 Td (historical ) Tj ET Q q 0 0 0 rg BT 379.12 197.30 Td (experience, ) Tj ET Q q 0 0 0 rg BT 426.77 197.30 Td (current ) Tj ET Q q 0 0 0 rg BT 456.94 197.30 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 502.96 197.30 Td (and ) Tj ET Q q 0 0 0 rg BT 519.26 197.30 Td (reasonable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 185.30 Td (and ) Tj ET Q q 0 0 0 rg BT 67.43 185.30 Td (supportable ) Tj ET Q q 0 0 0 rg BT 117.08 185.30 Td (forecasts ) Tj ET Q q 0 0 0 rg BT 155.60 185.30 Td (that ) Tj ET Q q 0 0 0 rg BT 173.59 185.30 Td (af) Tj ET Q q 0 0 0 rg BT 181.18 185.30 Td (fect ) Tj ET Q q 0 0 0 rg BT 199.15 185.30 Td (the ) Tj ET Q q 0 0 0 rg BT 214.36 185.30 Td (collectability ) Tj ET Q q 0 0 0 rg BT 269.55 185.30 Td (of ) Tj ET Q q 0 0 0 rg BT 280.87 185.30 Td (the ) Tj ET Q q 0 0 0 rg BT 296.08 185.30 Td (reported ) Tj ET Q q 0 0 0 rg BT 332.39 185.30 Td (amount. ) Tj ET Q q 0 0 0 rg BT 367.21 185.30 Td (An ) Tj ET Q q 0 0 0 rg BT 382.43 185.30 Td (entity ) Tj ET Q q 0 0 0 rg BT 408.19 185.30 Td (must ) Tj ET Q q 0 0 0 rg BT 430.63 185.30 Td (use ) Tj ET Q q 0 0 0 rg BT 446.95 185.30 Td (judgment ) Tj ET Q q 0 0 0 rg BT 487.71 185.30 Td (in ) Tj ET Q q 0 0 0 rg BT 498.48 185.30 Td (determining ) Tj ET Q q 0 0 0 rg BT 549.79 185.30 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 173.30 Td (relevant ) Tj ET Q q 0 0 0 rg BT 84.81 173.30 Td (information ) Tj ET Q q 0 0 0 rg BT 134.62 173.30 Td (and ) Tj ET Q q 0 0 0 rg BT 151.66 173.30 Td (estimation ) Tj ET Q q 0 0 0 rg BT 195.93 173.30 Td (methods ) Tj ET Q q 0 0 0 rg BT 232.42 173.30 Td (that ) Tj ET Q q 0 0 0 rg BT 250.02 173.30 Td (are ) Tj ET Q q 0 0 0 rg BT 264.83 173.30 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 312.97 173.30 Td (in ) Tj ET Q q 0 0 0 rg BT 323.35 173.30 Td (its ) Tj ET Q q 0 0 0 rg BT 335.40 173.30 Td (circumstances. ) Tj ET Q q 0 0 0 rg BT 397.15 173.30 Td ( ) Tj ET Q q 0 0 0 rg BT 399.75 173.30 Td (For ) Tj ET Q q 0 0 0 rg BT 416.24 173.30 Td (public ) Tj ET Q q 0 0 0 rg BT 443.84 173.30 Td (business ) Tj ET Q q 0 0 0 rg BT 480.34 173.30 Td (entities ) Tj ET Q q 0 0 0 rg BT 511.83 173.30 Td (that ) Tj ET Q q 0 0 0 rg BT 529.42 173.30 Td (are ) Tj ET Q q 0 0 0 rg BT 544.24 173.30 Td (U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 161.30 Td (Securities ) Tj ET Q q 0 0 0 rg BT 92.17 161.30 Td (and ) Tj ET Q q 0 0 0 rg BT 109.34 161.30 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 151.50 161.30 Td (Commission ) Tj ET Q q 0 0 0 rg BT 204.81 161.30 Td (\(SEC\) ) Tj ET Q q 0 0 0 rg BT 232.54 161.30 Td (filers, ) Tj ET Q q 0 0 0 rg BT 258.32 161.30 Td (the ) Tj ET Q q 0 0 0 rg BT 273.28 161.30 Td (amendments ) Tj ET Q q 0 0 0 rg BT 326.55 161.30 Td (in ) Tj ET Q q 0 0 0 rg BT 337.07 161.30 Td (this ) Tj ET Q q 0 0 0 rg BT 354.25 161.30 Td (Update ) Tj ET Q q 0 0 0 rg BT 385.87 161.30 Td (are ) Tj ET Q q 0 0 0 rg BT 400.81 161.30 Td (ef) Tj ET Q q 0 0 0 rg BT 408.40 161.30 Td (fective ) Tj ET Q q 0 0 0 rg BT 438.33 161.30 Td (for ) Tj ET Q q 0 0 0 rg BT 452.73 161.30 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 477.12 161.30 Td (years ) Tj ET Q q 0 0 0 rg BT 500.96 161.30 Td (beginning ) Tj ET Q q 0 0 0 rg BT 543.69 161.30 Td (after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 149.30 Td (December ) Tj ET Q q 0 0 0 rg BT 94.02 149.30 Td (15, ) Tj ET Q q 0 0 0 rg BT 109.47 149.30 Td (2019, ) Tj ET Q q 0 0 0 rg BT 134.91 149.30 Td (including ) Tj ET Q q 0 0 0 rg BT 175.62 149.30 Td (interim ) Tj ET Q q 0 0 0 rg BT 207.44 149.30 Td (periods ) Tj ET Q q 0 0 0 rg BT 239.82 149.30 Td (within ) Tj ET Q q 0 0 0 rg BT 268.32 149.30 Td (those ) Tj ET Q q 0 0 0 rg BT 292.37 149.30 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 316.97 149.30 Td (years. ) Tj ET Q q 0 0 0 rg BT 343.51 149.30 Td ( ) Tj ET Q q 0 0 0 rg BT 346.23 149.30 Td (The ) Tj ET Q q 0 0 0 rg BT 364.72 149.30 Td (adoption ) Tj ET Q q 0 0 0 rg BT 402.66 149.30 Td (of ) Tj ET Q q 0 0 0 rg BT 413.28 149.30 Td (ASU ) Tj ET Q q 0 0 0 rg BT 436.23 149.30 Td (2013-13 ) Tj ET Q q 0 0 0 rg BT 472.50 149.30 Td (has ) Tj ET Q q 0 0 0 rg BT 488.77 149.30 Td (not ) Tj ET Q q 0 0 0 rg BT 504.49 149.30 Td (had ) Tj ET Q q 0 0 0 rg BT 521.87 149.30 Td (a ) Tj ET Q q 0 0 0 rg BT 529.25 149.30 Td (material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 137.30 Td (impact ) Tj ET Q q 0 0 0 rg BT 80.01 137.30 Td (on ) Tj ET Q q 0 0 0 rg BT 92.81 137.30 Td (the ) Tj ET Q q 0 0 0 rg BT 107.83 137.30 Td (Company) Tj ET Q q 0 0 0 rg BT 149.49 137.30 Td (s ) Tj ET Q q 0 0 0 rg BT 156.18 137.30 Td (operations. ) Tj ET Q q 0 0 0 rg BT 202.93 137.30 Td (The ) Tj ET Q q 0 0 0 rg BT 221.28 137.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 262.97 137.30 Td (will ) Tj ET Q q 0 0 0 rg BT 281.32 137.30 Td (continue ) Tj ET Q q 0 0 0 rg BT 318.56 137.30 Td (to ) Tj ET Q q 0 0 0 rg BT 329.13 137.30 Td (periodically ) Tj ET Q q 0 0 0 rg BT 379.69 137.30 Td (assess ) Tj ET Q q 0 0 0 rg BT 406.93 137.30 Td (the ) Tj ET Q q 0 0 0 rg BT 421.95 137.30 Td (impact ) Tj ET Q q 0 0 0 rg BT 451.96 137.30 Td (of ) Tj ET Q q 0 0 0 rg BT 463.09 137.30 Td (this ) Tj ET Q q 0 0 0 rg BT 480.34 137.30 Td (new ) Tj ET Q q 0 0 0 rg BT 499.80 137.30 Td (pronouncement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 125.30 Td (on ) Tj ET Q q 0 0 0 rg BT 62.50 125.30 Td (its ) Tj ET Q q 0 0 0 rg BT 74.45 125.30 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 109.73 125.30 Td (operations.) Tj ET Q endstream endobj 51 0 obj <>] /Rotate 0 /Contents 52 0 R>> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 742.25 Td (2: ) Tj ET Q q 0 0 0 rg BT 83.32 742.25 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 124.72 742.25 Td (per) Tj ET Q q 0 0 0 rg BT 138.98 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 141.48 742.25 Td (Shar) Tj ET Q q 0 0 0 rg BT 161.86 742.25 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 725.25 Td (A) Tj ET Q q 0 0 0 rg BT 92.67 725.25 Td ( reconciliation between basic and diluted earnings per share is as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 647.75 325.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 647.75 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.50 647.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 647.75 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 617.75 325.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 617.75 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.50 617.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 617.75 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 588.75 325.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 588.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.50 588.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 588.75 80.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 676.75 m 455.5 676.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 676.75 m 465.5 676.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 676.75 m 545.5 676.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 662.75 m 455.5 662.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 662.75 m 545.5 662.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 647.75 m 455.5 647.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 632.75 m 455.5 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 647.75 m 545.5 647.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 632.75 m 545.5 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 602.75 m 455.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 602.75 m 545.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 602.75 m 455.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 589.75 m 455.5 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 587.75 m 455.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 602.75 m 545.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 589.75 m 545.5 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 587.75 m 545.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 587.75 m 455.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 589.75 m 455.5 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 575.75 m 455.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 573.75 m 455.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 587.75 m 545.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 589.75 m 545.5 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 575.75 m 545.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 573.75 m 545.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 573.75 m 455.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 575.75 m 455.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 561.75 m 455.5 561.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 559.75 m 455.5 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 573.75 m 545.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 575.75 m 545.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 561.75 m 545.5 561.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 559.75 m 545.5 559.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.50 695.43 Td (Thr) Tj ET Q q 0 0 0 rg BT 431.08 695.43 Td (ee Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.15 681.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 456.94 681.43 Td (ch 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 667.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.00 667.43 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.00 667.43 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 652.42 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.00 652.43 Td (\(In thousands, except per) Tj ET Q q 0 0 0 rg BT 488.61 652.43 Td ( shar) Tj ET Q q 0 0 0 rg BT 509.82 652.43 Td (e data\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 637.42 Td (Net income attributable to Ebix, Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.00 637.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.15 637.43 Td (24,723) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.00 637.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.15 637.43 Td (25,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 622.42 Td (Basic weighted average shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 622.42 Td (30,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 622.42 Td (30,524) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 607.42 Td (Dilutive ef) Tj ET Q q 0 0 0 rg BT 95.95 607.42 Td (fect of stock options and restricted stock awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 607.42 Td (207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 607.42 Td (80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 593.32 Td (Diluted weighted average shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 593.32 Td (30,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 593.32 Td (30,604) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 579.32 Td (Basic earnings per common share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.00 579.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.15 579.32 Td (0.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.00 579.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 579.32 Td (0.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 565.32 Td (Diluted earnings per common share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.00 565.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.15 565.32 Td (0.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.00 565.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 565.32 Td (0.84) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 532.25 Td (For ) Tj ET Q q 0 0 0 rg BT 103.24 532.25 Td (the ) Tj ET Q q 0 0 0 rg BT 118.80 532.25 Td (three ) Tj ET Q q 0 0 0 rg BT 142.13 532.25 Td (months ) Tj ET Q q 0 0 0 rg BT 174.93 532.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.15 532.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 246.59 532.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.59 532.25 Td ( ) Tj ET Q q 0 0 0 rg BT 269.94 532.25 Td (and ) Tj ET Q q 0 0 0 rg BT 287.73 532.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 313.57 532.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 361.23 532.25 Td (, ) Tj ET Q q 0 0 0 rg BT 367.08 532.25 Td (there ) Tj ET Q q 0 0 0 rg BT 390.41 532.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.19 532.25 Td (187,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.69 532.25 Td ( ) Tj ET Q q 0 0 0 rg BT 449.03 532.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.82 532.25 Td (42,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.32 532.25 Td (, ) Tj ET Q q 0 0 0 rg BT 500.16 532.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 547.82 532.25 Td (, ) Tj ET Q q 0 0 0 rg BT 553.67 532.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.25 Td (potentially ) Tj ET Q q 0 0 0 rg BT 95.40 520.25 Td (issuable ) Tj ET Q q 0 0 0 rg BT 130.25 520.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 157.88 520.25 Td (with ) Tj ET Q q 0 0 0 rg BT 178.29 520.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 209.24 520.25 Td (to ) Tj ET Q q 0 0 0 rg BT 219.65 520.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 243.40 520.25 Td (options ) Tj ET Q q 0 0 0 rg BT 275.48 520.25 Td (which ) Tj ET Q q 0 0 0 rg BT 302.55 520.25 Td (could ) Tj ET Q q 0 0 0 rg BT 327.40 520.25 Td (dilute ) Tj ET Q q 0 0 0 rg BT 352.81 520.25 Td (EPS ) Tj ET Q q 0 0 0 rg BT 372.68 520.25 Td (in ) Tj ET Q q 0 0 0 rg BT 383.09 520.25 Td (the ) Tj ET Q q 0 0 0 rg BT 397.94 520.25 Td (future ) Tj ET Q q 0 0 0 rg BT 424.45 520.25 Td (but ) Tj ET Q q 0 0 0 rg BT 439.86 520.25 Td (which ) Tj ET Q q 0 0 0 rg BT 466.94 520.25 Td (were ) Tj ET Q q 0 0 0 rg BT 489.00 520.25 Td (excluded ) Tj ET Q q 0 0 0 rg BT 527.73 520.25 Td (from ) Tj ET Q q 0 0 0 rg BT 549.80 520.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.25 Td (diluted ) Tj ET Q q 0 0 0 rg BT 80.27 508.25 Td (EPS ) Tj ET Q q 0 0 0 rg BT 100.00 508.25 Td (calculation ) Tj ET Q q 0 0 0 rg BT 146.37 508.25 Td (because ) Tj ET Q q 0 0 0 rg BT 180.52 508.25 Td (presently ) Tj ET Q q 0 0 0 rg BT 219.67 508.25 Td (their ) Tj ET Q q 0 0 0 rg BT 240.50 508.25 Td (ef) Tj ET Q q 0 0 0 rg BT 248.09 508.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 265.57 508.25 Td (is ) Tj ET Q q 0 0 0 rg BT 274.74 508.25 Td (anti-dilutive.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 472.25 Td (3: ) Tj ET Q q 0 0 0 rg BT 83.32 472.25 Td (Business ) Tj ET Q q 0 0 0 rg BT 122.50 472.25 Td (Combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 450.25 Td ( ) Tj ET Q q 0 0 0 rg BT 76.50 450.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 450.25 Td (The ) Tj ET Q q 0 0 0 rg BT 103.03 450.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 143.40 450.25 Td (seeks ) Tj ET Q q 0 0 0 rg BT 166.55 450.25 Td (to ) Tj ET Q q 0 0 0 rg BT 175.81 450.25 Td (execute ) Tj ET Q q 0 0 0 rg BT 207.83 450.25 Td (accretive ) Tj ET Q q 0 0 0 rg BT 245.39 450.25 Td (business ) Tj ET Q q 0 0 0 rg BT 280.77 450.25 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 330.02 450.25 Td (\(which ) Tj ET Q q 0 0 0 rg BT 359.28 450.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 397.97 450.25 Td (tar) Tj ET Q q 0 0 0 rg BT 408.34 450.25 Td (gets ) Tj ET Q q 0 0 0 rg BT 425.93 450.25 Td (businesses ) Tj ET Q q 0 0 0 rg BT 469.64 450.25 Td (that ) Tj ET Q q 0 0 0 rg BT 486.12 450.25 Td (are ) Tj ET Q q 0 0 0 rg BT 499.81 450.25 Td (complementary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (to ) Tj ET Q q 0 0 0 rg BT 60.68 438.25 Td (Ebix's ) Tj ET Q q 0 0 0 rg BT 88.17 438.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 122.74 438.25 Td (products ) Tj ET Q q 0 0 0 rg BT 160.08 438.25 Td (and ) Tj ET Q q 0 0 0 rg BT 177.42 438.25 Td (services\), ) Tj ET Q q 0 0 0 rg BT 218.36 438.25 Td (in ) Tj ET Q q 0 0 0 rg BT 229.05 438.25 Td (combination ) Tj ET Q q 0 0 0 rg BT 281.94 438.25 Td (with ) Tj ET Q q 0 0 0 rg BT 302.62 438.25 Td (or) Tj ET Q q 0 0 0 rg BT 310.77 438.25 Td (ganic ) Tj ET Q q 0 0 0 rg BT 335.33 438.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 366.57 438.25 Td (initiatives, ) Tj ET Q q 0 0 0 rg BT 411.41 438.25 Td (as ) Tj ET Q q 0 0 0 rg BT 422.64 438.25 Td (part ) Tj ET Q q 0 0 0 rg BT 441.09 438.25 Td (of ) Tj ET Q q 0 0 0 rg BT 452.33 438.25 Td (its ) Tj ET Q q 0 0 0 rg BT 464.68 438.25 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 528.12 438.25 Td (business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 80.83 426.25 Td (and ) Tj ET Q q 0 0 0 rg BT 97.77 426.25 Td (expansion ) Tj ET Q q 0 0 0 rg BT 140.82 426.25 Td (strategy) Tj ET Q q 0 0 0 rg BT 171.82 426.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 404.25 Td (During ) Tj ET Q q 0 0 0 rg BT 116.83 404.25 Td (the ) Tj ET Q q 0 0 0 rg BT 131.55 404.25 Td (three ) Tj ET Q q 0 0 0 rg BT 154.03 404.25 Td (months ) Tj ET Q q 0 0 0 rg BT 185.98 404.25 Td (ending ) Tj ET Q q 0 0 0 rg BT 215.70 404.25 Td (March ) Tj ET Q q 0 0 0 rg BT 244.30 404.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 259.30 404.25 Td (2020, ) Tj ET Q q 0 0 0 rg BT 284.30 404.25 Td (the ) Tj ET Q q 0 0 0 rg BT 299.01 404.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 340.40 404.25 Td (did ) Tj ET Q q 0 0 0 rg BT 355.68 404.25 Td (not ) Tj ET Q q 0 0 0 rg BT 370.96 404.25 Td (complete ) Tj ET Q q 0 0 0 rg BT 410.11 404.25 Td (any ) Tj ET Q q 0 0 0 rg BT 427.04 404.25 Td (business ) Tj ET Q q 0 0 0 rg BT 463.44 404.25 Td (acquisitions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 382.25 Td (During ) Tj ET Q q 0 0 0 rg BT 116.83 382.25 Td (the ) Tj ET Q q 0 0 0 rg BT 131.55 382.25 Td (twelve ) Tj ET Q q 0 0 0 rg BT 160.70 382.25 Td (months ) Tj ET Q q 0 0 0 rg BT 192.65 382.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 219.03 382.25 Td (December ) Tj ET Q q 0 0 0 rg BT 262.61 382.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 277.61 382.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 302.61 382.25 Td (the ) Tj ET Q q 0 0 0 rg BT 317.33 382.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 358.71 382.25 Td (completed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.87 382.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.85 382.25 Td ( ) Tj ET Q q 0 0 0 rg BT 425.35 382.25 Td (business ) Tj ET Q q 0 0 0 rg BT 461.74 382.25 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 514.52 382.25 Td (as ) Tj ET Q q 0 0 0 rg BT 525.35 382.25 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 360.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 360.25 Td (Ef) Tj ET Q q 0 0 0 rg BT 95.26 360.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 124.30 360.25 Td ( ) Tj ET Q q 0 0 0 rg BT 125.74 360.25 Td (August ) Tj ET Q q 0 0 0 rg BT 156.48 360.25 Td (23, ) Tj ET Q q 0 0 0 rg BT 170.82 360.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 195.17 360.25 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 215.90 360.25 Td (acquired ) Tj ET Q q 0 0 0 rg BT 252.17 360.25 Td (Canada ) Tj ET Q q 0 0 0 rg BT 284.00 360.25 Td (based ) Tj ET Q q 0 0 0 rg BT 308.48 360.25 Td (W) Tj ET Q q 0 0 0 rg BT 317.12 360.25 Td (all ) Tj ET Q q 0 0 0 rg BT 328.96 360.25 Td (Street ) Tj ET Q q 0 0 0 rg BT 354.13 360.25 Td (Finance ) Tj ET Q q 0 0 0 rg BT 387.63 360.25 Td (\(Canada\) ) Tj ET Q q 0 0 0 rg BT 426.12 360.25 Td (Ltd. ) Tj ET Q q 0 0 0 rg BT 444.35 360.25 Td (\("W) Tj ET Q q 0 0 0 rg BT 460.40 360.25 Td (allstreet ) Tj ET Q q 0 0 0 rg BT 493.89 360.25 Td (Canada"\) ) Tj ET Q q 0 0 0 rg BT 533.13 360.25 Td (foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 90.05 348.25 Td (and ) Tj ET Q q 0 0 0 rg BT 106.78 348.25 Td (outward ) Tj ET Q q 0 0 0 rg BT 141.84 348.25 Td (remittance ) Tj ET Q q 0 0 0 rg BT 186.33 348.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 220.28 348.25 Td (for ) Tj ET Q q 0 0 0 rg BT 234.24 348.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.29 348.25 Td ($2.1 ) Tj ET Q q 0 0 0 rg BT 314.08 348.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.98 348.25 Td ( ) Tj ET Q q 0 0 0 rg BT 345.27 348.25 Td (of ) Tj ET Q q 0 0 0 rg BT 355.89 348.25 Td (upfront ) Tj ET Q q 0 0 0 rg BT 387.63 348.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 443.79 348.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 462.76 348.25 Td (net ) Tj ET Q q 0 0 0 rg BT 477.27 348.25 Td (working ) Tj ET Q q 0 0 0 rg BT 512.89 348.25 Td (capital. ) Tj ET Q q 0 0 0 rg BT 544.33 348.25 Td ( ) Tj ET Q q 0 0 0 rg BT 546.46 348.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 90.13 336.25 Td (and ) Tj ET Q q 0 0 0 rg BT 107.50 336.25 Td (purchase ) Tj ET Q q 0 0 0 rg BT 145.95 336.25 Td (price ) Tj ET Q q 0 0 0 rg BT 168.86 336.25 Td (allocation ) Tj ET Q q 0 0 0 rg BT 211.21 336.25 Td (remains ) Tj ET Q q 0 0 0 rg BT 245.79 336.25 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 295.36 336.25 Td (and ) Tj ET Q q 0 0 0 rg BT 312.72 336.25 Td (will ) Tj ET Q q 0 0 0 rg BT 331.20 336.25 Td (be ) Tj ET Q q 0 0 0 rg BT 343.56 336.25 Td (finalized ) Tj ET Q q 0 0 0 rg BT 381.47 336.25 Td (as ) Tj ET Q q 0 0 0 rg BT 392.72 336.25 Td (soon ) Tj ET Q q 0 0 0 rg BT 414.53 336.25 Td (as ) Tj ET Q q 0 0 0 rg BT 425.79 336.25 Td (practicable ) Tj ET Q q 0 0 0 rg BT 472.57 336.25 Td (but ) Tj ET Q q 0 0 0 rg BT 488.27 336.25 Td (in ) Tj ET Q q 0 0 0 rg BT 498.97 336.25 Td (no ) Tj ET Q q 0 0 0 rg BT 511.89 336.25 Td (event ) Tj ET Q q 0 0 0 rg BT 536.47 336.25 Td (longer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 324.25 Td (than ) Tj ET Q q 0 0 0 rg BT 69.72 324.25 Td (one ) Tj ET Q q 0 0 0 rg BT 86.66 324.25 Td (year ) Tj ET Q q 0 0 0 rg BT 106.36 324.25 Td (from ) Tj ET Q q 0 0 0 rg BT 128.30 324.25 Td (the ) Tj ET Q q 0 0 0 rg BT 143.02 324.25 Td (ef) Tj ET Q q 0 0 0 rg BT 150.61 324.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 180.31 324.25 Td (date ) Tj ET Q q 0 0 0 rg BT 199.46 324.25 Td (of ) Tj ET Q q 0 0 0 rg BT 210.29 324.25 Td (this ) Tj ET Q q 0 0 0 rg BT 227.24 324.25 Td (transaction.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 302.25 Td (Ef) Tj ET Q q 0 0 0 rg BT 95.26 302.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 124.16 302.25 Td ( ) Tj ET Q q 0 0 0 rg BT 125.87 302.25 Td (January ) Tj ET Q q 0 0 0 rg BT 158.67 302.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 167.88 302.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 192.08 302.25 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 212.67 302.25 Td (acquired ) Tj ET Q q 0 0 0 rg BT 248.80 302.25 Td (the ) Tj ET Q q 0 0 0 rg BT 262.72 302.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 287.75 302.25 Td (of ) Tj ET Q q 0 0 0 rg BT 297.79 302.25 Td (India ) Tj ET Q q 0 0 0 rg BT 320.04 302.25 Td (based ) Tj ET Q q 0 0 0 rg BT 344.51 302.25 Td (Essel ) Tj ET Q q 0 0 0 rg BT 367.32 302.25 Td (Forex ) Tj ET Q q 0 0 0 rg BT 392.36 302.25 Td (Limited ) Tj ET Q q 0 0 0 rg BT 425.72 302.25 Td (\("Essel ) Tj ET Q q 0 0 0 rg BT 455.95 302.25 Td (Forex"\), ) Tj ET Q q 0 0 0 rg BT 490.89 302.25 Td (for ) Tj ET Q q 0 0 0 rg BT 504.26 302.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.25 Td ($8.7 ) Tj ET Q q 0 0 0 rg BT 70.26 290.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.15 290.25 Td (, ) Tj ET Q q 0 0 0 rg BT 104.40 290.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 123.83 290.25 Td (possible ) Tj ET Q q 0 0 0 rg BT 159.37 290.25 Td (future ) Tj ET Q q 0 0 0 rg BT 186.00 290.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 230.97 290.25 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 267.04 290.25 Td (payments ) Tj ET Q q 0 0 0 rg BT 308.12 290.25 Td (of ) Tj ET Q q 0 0 0 rg BT 319.21 290.25 Td (up ) Tj ET Q q 0 0 0 rg BT 331.96 290.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.50 290.25 Td ($721 ) Tj ET Q q 0 0 0 rg BT 365.25 290.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.36 290.25 Td ( ) Tj ET Q q 0 0 0 rg BT 404.12 290.25 Td (based ) Tj ET Q q 0 0 0 rg BT 429.64 290.25 Td (on ) Tj ET Q q 0 0 0 rg BT 442.40 290.25 Td (earned ) Tj ET Q q 0 0 0 rg BT 471.80 290.25 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 512.60 290.25 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 534.24 290.25 Td (funded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.51 278.25 Td (entire ) Tj ET Q q 0 0 0 rg BT 89.57 278.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 135.74 278.25 Td (in ) Tj ET Q q 0 0 0 rg BT 145.81 278.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 165.87 278.25 Td (using ) Tj ET Q q 0 0 0 rg BT 189.84 278.25 Td (its ) Tj ET Q q 0 0 0 rg BT 201.58 278.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 234.42 278.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 254.48 278.25 Td (reserves. ) Tj ET Q q 0 0 0 rg BT 292.04 278.25 Td (Essel ) Tj ET Q q 0 0 0 rg BT 315.44 278.25 Td (Forex ) Tj ET Q q 0 0 0 rg BT 341.06 278.25 Td (is ) Tj ET Q q 0 0 0 rg BT 350.03 278.25 Td (a ) Tj ET Q q 0 0 0 rg BT 356.76 278.25 Td (lar) Tj ET Q q 0 0 0 rg BT 367.13 278.25 Td (ge ) Tj ET Q q 0 0 0 rg BT 378.86 278.25 Td (provider ) Tj ET Q q 0 0 0 rg BT 415.03 278.25 Td (of ) Tj ET Q q 0 0 0 rg BT 425.66 278.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 456.83 278.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 496.88 278.25 Td (services ) Tj ET Q q 0 0 0 rg BT 531.38 278.25 Td (in ) Tj ET Q q 0 0 0 rg BT 541.46 278.25 Td (India ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (with ) Tj ET Q q 0 0 0 rg BT 70.66 266.25 Td (a ) Tj ET Q q 0 0 0 rg BT 77.99 266.25 Td (wide ) Tj ET Q q 0 0 0 rg BT 100.31 266.25 Td (spectrum ) Tj ET Q q 0 0 0 rg BT 139.85 266.25 Td (of ) Tj ET Q q 0 0 0 rg BT 151.06 266.25 Td (related ) Tj ET Q q 0 0 0 rg BT 181.15 266.25 Td (products ) Tj ET Q q 0 0 0 rg BT 218.47 266.25 Td (including ) Tj ET Q q 0 0 0 rg BT 259.13 266.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 281.46 266.25 Td (of ) Tj ET Q q 0 0 0 rg BT 292.67 266.25 Td (all ) Tj ET Q q 0 0 0 rg BT 305.55 266.25 Td (major ) Tj ET Q q 0 0 0 rg BT 331.76 266.25 Td (currencies, ) Tj ET Q q 0 0 0 rg BT 378.23 266.25 Td (travelers) Tj ET Q q 0 0 0 rg BT 415.24 266.25 Td ( ) Tj ET Q q 0 0 0 rg BT 418.13 266.25 Td (checks, ) Tj ET Q q 0 0 0 rg BT 450.72 266.25 Td (demand ) Tj ET Q q 0 0 0 rg BT 485.26 266.25 Td (drafts, ) Tj ET Q q 0 0 0 rg BT 513.41 266.25 Td (remittances, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (money ) Tj ET Q q 0 0 0 rg BT 80.30 254.25 Td (transfers ) Tj ET Q q 0 0 0 rg BT 117.81 254.25 Td (and ) Tj ET Q q 0 0 0 rg BT 135.32 254.25 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 168.39 254.25 Td (cards ) Tj ET Q q 0 0 0 rg BT 192.57 254.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 232.86 254.25 Td (for ) Tj ET Q q 0 0 0 rg BT 247.60 254.25 Td (corporate ) Tj ET Q q 0 0 0 rg BT 288.43 254.25 Td (clients. ) Tj ET Q q 0 0 0 rg BT 319.90 254.25 Td (The ) Tj ET Q q 0 0 0 rg BT 338.52 254.25 Td (earn ) Tj ET Q q 0 0 0 rg BT 358.81 254.25 Td (out ) Tj ET Q q 0 0 0 rg BT 374.67 254.25 Td (period ) Tj ET Q q 0 0 0 rg BT 403.29 254.25 Td (expired ) Tj ET Q q 0 0 0 rg BT 436.36 254.25 Td (on ) Tj ET Q q 0 0 0 rg BT 449.44 254.25 Td (December ) Tj ET Q q 0 0 0 rg BT 493.60 254.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 509.18 254.25 Td (2019 ) Tj ET Q q 0 0 0 rg BT 532.26 254.25 Td (and ) Tj ET Q q 0 0 0 rg BT 549.78 254.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (acquired ) Tj ET Q q 0 0 0 rg BT 86.92 242.25 Td (business ) Tj ET Q q 0 0 0 rg BT 123.32 242.25 Td (did ) Tj ET Q q 0 0 0 rg BT 138.59 242.25 Td (not ) Tj ET Q q 0 0 0 rg BT 153.87 242.25 Td (meet ) Tj ET Q q 0 0 0 rg BT 175.81 242.25 Td (the ) Tj ET Q q 0 0 0 rg BT 190.52 242.25 Td (requisite ) Tj ET Q q 0 0 0 rg BT 227.46 242.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 261.60 242.25 Td (tar) Tj ET Q q 0 0 0 rg BT 271.97 242.25 Td (get, ) Tj ET Q q 0 0 0 rg BT 289.18 242.25 Td (so ) Tj ET Q q 0 0 0 rg BT 300.58 242.25 Td (no ) Tj ET Q q 0 0 0 rg BT 313.08 242.25 Td (earnout ) Tj ET Q q 0 0 0 rg BT 345.56 242.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 382.50 242.25 Td (was ) Tj ET Q q 0 0 0 rg BT 400.55 242.25 Td (due ) Tj ET Q q 0 0 0 rg BT 417.49 242.25 Td (or ) Tj ET Q q 0 0 0 rg BT 428.32 242.25 Td (paid.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 220.25 Td (Ef) Tj ET Q q 0 0 0 rg BT 95.26 220.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 125.58 220.25 Td ( ) Tj ET Q q 0 0 0 rg BT 128.69 220.25 Td (January ) Tj ET Q q 0 0 0 rg BT 162.90 220.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 173.52 220.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 199.13 220.25 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 221.14 220.25 Td (acquired ) Tj ET Q q 0 0 0 rg BT 258.68 220.25 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.23 220.25 Td (80%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.56 220.25 Td ( ) Tj ET Q q 0 0 0 rg BT 292.67 220.25 Td (controlling ) Tj ET Q q 0 0 0 rg BT 339.67 220.25 Td (stake ) Tj ET Q q 0 0 0 rg BT 363.33 220.25 Td (in ) Tj ET Q q 0 0 0 rg BT 374.23 220.25 Td (India ) Tj ET Q q 0 0 0 rg BT 397.89 220.25 Td (based ) Tj ET Q q 0 0 0 rg BT 423.77 220.25 Td (Zillious ) Tj ET Q q 0 0 0 rg BT 458.00 220.25 Td (Solutions ) Tj ET Q q 0 0 0 rg BT 498.91 220.25 Td (Private ) Tj ET Q q 0 0 0 rg BT 530.35 220.25 Td (Limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.25 Td (\("Zillious"\) ) Tj ET Q q 0 0 0 rg BT 99.50 208.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.73 208.25 Td ($10.1 ) Tj ET Q q 0 0 0 rg BT 140.79 208.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.68 208.25 Td ( ) Tj ET Q q 0 0 0 rg BT 173.25 208.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 193.48 208.25 Td (possible ) Tj ET Q q 0 0 0 rg BT 229.82 208.25 Td (future ) Tj ET Q q 0 0 0 rg BT 257.27 208.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 303.04 208.25 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 339.92 208.25 Td (payments ) Tj ET Q q 0 0 0 rg BT 381.81 208.25 Td (of ) Tj ET Q q 0 0 0 rg BT 393.71 208.25 Td (up ) Tj ET Q q 0 0 0 rg BT 407.27 208.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.61 208.25 Td ($2.2 ) Tj ET Q q 0 0 0 rg BT 439.68 208.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.57 208.25 Td ( ) Tj ET Q q 0 0 0 rg BT 472.13 208.25 Td (based ) Tj ET Q q 0 0 0 rg BT 498.47 208.25 Td (on ) Tj ET Q q 0 0 0 rg BT 512.03 208.25 Td (agreed-upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.25 Td (milestones ) Tj ET Q q 0 0 0 rg BT 94.88 196.25 Td (in ) Tj ET Q q 0 0 0 rg BT 104.76 196.25 Td (the ) Tj ET Q q 0 0 0 rg BT 119.08 196.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 165.06 196.25 Td (agreement. ) Tj ET Q q 0 0 0 rg BT 211.31 196.25 Td (Zillious ) Tj ET Q q 0 0 0 rg BT 244.53 196.25 Td (is ) Tj ET Q q 0 0 0 rg BT 253.30 196.25 Td (an ) Tj ET Q q 0 0 0 rg BT 264.84 196.25 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 311.93 196.25 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 334.03 196.25 Td (travel ) Tj ET Q q 0 0 0 rg BT 358.90 196.25 Td (technology ) Tj ET Q q 0 0 0 rg BT 405.44 196.25 Td (solution ) Tj ET Q q 0 0 0 rg BT 439.77 196.25 Td (in ) Tj ET Q q 0 0 0 rg BT 449.65 196.25 Td (the ) Tj ET Q q 0 0 0 rg BT 463.97 196.25 Td (corporate ) Tj ET Q q 0 0 0 rg BT 503.83 196.25 Td (travel ) Tj ET Q q 0 0 0 rg BT 528.69 196.25 Td (segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.25 Td (in ) Tj ET Q q 0 0 0 rg BT 60.03 184.25 Td (India. ) Tj ET Q q 0 0 0 rg BT 85.17 184.25 Td (The ) Tj ET Q q 0 0 0 rg BT 102.97 184.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 144.12 184.25 Td (has ) Tj ET Q q 0 0 0 rg BT 159.70 184.25 Td (determined ) Tj ET Q q 0 0 0 rg BT 206.94 184.25 Td (that ) Tj ET Q q 0 0 0 rg BT 224.19 184.25 Td (the ) Tj ET Q q 0 0 0 rg BT 238.66 184.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 254.79 184.25 Td (value ) Tj ET Q q 0 0 0 rg BT 278.70 184.25 Td (of ) Tj ET Q q 0 0 0 rg BT 289.28 184.25 Td (the ) Tj ET Q q 0 0 0 rg BT 303.76 184.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 348.22 184.25 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 383.79 184.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 439.92 184.25 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.84 184.25 Td ($1.4 ) Tj ET Q q 0 0 0 rg BT 468.60 184.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.49 184.25 Td ( ) Tj ET Q q 0 0 0 rg BT 499.75 184.25 Td (as ) Tj ET Q q 0 0 0 rg BT 510.33 184.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.92 184.25 Td (March31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 172.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 52.50 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 55.00 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 57.50 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 60.00 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 62.50 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 65.00 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 70.00 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 72.50 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 150.25 Td (A) Tj ET Q q 0 0 0 rg BT 92.67 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 94.20 150.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 137.94 150.25 Td (component ) Tj ET Q q 0 0 0 rg BT 183.90 150.25 Td (of ) Tj ET Q q 0 0 0 rg BT 193.76 150.25 Td (the ) Tj ET Q q 0 0 0 rg BT 207.50 150.25 Td (purchase ) Tj ET Q q 0 0 0 rg BT 244.57 150.25 Td (price ) Tj ET Q q 0 0 0 rg BT 266.08 150.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 321.48 150.25 Td (for ) Tj ET Q q 0 0 0 rg BT 334.67 150.25 Td (many ) Tj ET Q q 0 0 0 rg BT 358.42 150.25 Td (of ) Tj ET Q q 0 0 0 rg BT 368.28 150.25 Td (the ) Tj ET Q q 0 0 0 rg BT 382.02 150.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 428.13 150.25 Td (business ) Tj ET Q q 0 0 0 rg BT 463.55 150.25 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 512.85 150.25 Td (is ) Tj ET Q q 0 0 0 rg BT 521.05 150.25 Td (a ) Tj ET Q q 0 0 0 rg BT 527.02 150.25 Td (potential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.25 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 96.96 138.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 117.25 138.25 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 153.09 138.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 190.04 138.25 Td (based ) Tj ET Q q 0 0 0 rg BT 215.33 138.25 Td (on ) Tj ET Q q 0 0 0 rg BT 227.85 138.25 Td (reaching ) Tj ET Q q 0 0 0 rg BT 264.80 138.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 294.52 138.25 Td (specified ) Tj ET Q q 0 0 0 rg BT 333.13 138.25 Td (future ) Tj ET Q q 0 0 0 rg BT 359.53 138.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 393.70 138.25 Td (tar) Tj ET Q q 0 0 0 rg BT 404.06 138.25 Td (gets. ) Tj ET Q q 0 0 0 rg BT 425.01 138.25 Td (The ) Tj ET Q q 0 0 0 rg BT 443.08 138.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 467.82 138.25 Td (for ) Tj ET Q q 0 0 0 rg BT 482.00 138.25 Td (the ) Tj ET Q q 0 0 0 rg BT 496.74 138.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 541.47 138.25 Td (earn- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.25 Td (out ) Tj ET Q q 0 0 0 rg BT 65.04 126.25 Td (payments ) Tj ET Q q 0 0 0 rg BT 105.63 126.25 Td (in ) Tj ET Q q 0 0 0 rg BT 115.67 126.25 Td (most ) Tj ET Q q 0 0 0 rg BT 137.38 126.25 Td (of ) Tj ET Q q 0 0 0 rg BT 147.98 126.25 Td (the ) Tj ET Q q 0 0 0 rg BT 162.46 126.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 209.30 126.25 Td (business ) Tj ET Q q 0 0 0 rg BT 245.45 126.25 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 295.49 126.25 Td (typically ) Tj ET Q q 0 0 0 rg BT 332.74 126.25 Td (address ) Tj ET Q q 0 0 0 rg BT 365.00 126.25 Td (the ) Tj ET Q q 0 0 0 rg BT 379.48 126.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 406.33 126.25 Td ( ) Tj ET Q q 0 0 0 rg BT 408.60 126.25 Td (recognizable ) Tj ET Q q 0 0 0 rg BT 461.94 126.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 499.74 126.25 Td (achieved ) Tj ET Q q 0 0 0 rg BT 537.53 126.25 Td (by ) Tj ET Q q 0 0 0 rg BT 549.80 126.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.25 Td (acquired ) Tj ET Q q 0 0 0 rg BT 87.50 114.25 Td (entity ) Tj ET Q q 0 0 0 rg BT 113.35 114.25 Td (over ) Tj ET Q q 0 0 0 rg BT 134.19 114.25 Td (a ) Tj ET Q q 0 0 0 rg BT 141.71 114.25 Td (one-, ) Tj ET Q q 0 0 0 rg BT 165.05 114.25 Td (two-, ) Tj ET Q q 0 0 0 rg BT 188.95 114.25 Td (and/or ) Tj ET Q q 0 0 0 rg BT 217.58 114.25 Td (three-year ) Tj ET Q q 0 0 0 rg BT 261.17 114.25 Td (period ) Tj ET Q q 0 0 0 rg BT 289.80 114.25 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 337.31 114.25 Td (to ) Tj ET Q q 0 0 0 rg BT 348.16 114.25 Td (the ) Tj ET Q q 0 0 0 rg BT 363.46 114.25 Td (ef) Tj ET Q q 0 0 0 rg BT 371.04 114.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 401.32 114.25 Td (date ) Tj ET Q q 0 0 0 rg BT 421.05 114.25 Td (of ) Tj ET Q q 0 0 0 rg BT 432.46 114.25 Td (their ) Tj ET Q q 0 0 0 rg BT 453.86 114.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 500.81 114.25 Td (by ) Tj ET Q q 0 0 0 rg BT 513.89 114.25 Td (Ebix. ) Tj ET Q q 0 0 0 rg BT 538.13 114.25 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 75.43 102.25 Td (typically ) Tj ET Q q 0 0 0 rg BT 113.64 102.25 Td (establish ) Tj ET Q q 0 0 0 rg BT 151.85 102.25 Td (a ) Tj ET Q q 0 0 0 rg BT 159.50 102.25 Td (minimum ) Tj ET Q q 0 0 0 rg BT 201.60 102.25 Td (threshold ) Tj ET Q q 0 0 0 rg BT 242.04 102.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 276.90 102.25 Td (tar) Tj ET Q q 0 0 0 rg BT 287.26 102.25 Td (get ) Tj ET Q q 0 0 0 rg BT 302.69 102.25 Td (with ) Tj ET Q q 0 0 0 rg BT 323.69 102.25 Td (achievement ) Tj ET Q q 0 0 0 rg BT 377.43 102.25 Td (of ) Tj ET Q q 0 0 0 rg BT 388.97 102.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 427.72 102.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 474.80 102.25 Td (over ) Tj ET Q q 0 0 0 rg BT 495.78 102.25 Td (that ) Tj ET Q q 0 0 0 rg BT 513.99 102.25 Td (tar) Tj ET Q q 0 0 0 rg BT 524.36 102.25 Td (get ) Tj ET Q q 0 0 0 rg BT 539.79 102.25 Td (being ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.25 Td (awarded ) Tj ET Q q 0 0 0 rg BT 86.26 90.25 Td (in ) Tj ET Q q 0 0 0 rg BT 96.43 90.25 Td (the ) Tj ET Q q 0 0 0 rg BT 111.03 90.25 Td (form ) Tj ET Q q 0 0 0 rg BT 132.86 90.25 Td (of ) Tj ET Q q 0 0 0 rg BT 143.58 90.25 Td (a ) Tj ET Q q 0 0 0 rg BT 150.41 90.25 Td (specified ) Tj ET Q q 0 0 0 rg BT 188.89 90.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 209.05 90.25 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 244.76 90.25 Td (payment. ) Tj ET Q q 0 0 0 rg BT 283.91 90.25 Td (The ) Tj ET Q q 0 0 0 rg BT 301.85 90.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 343.12 90.25 Td (applies ) Tj ET Q q 0 0 0 rg BT 373.84 90.25 Td (these ) Tj ET Q q 0 0 0 rg BT 396.78 90.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 421.38 90.25 Td (in ) Tj ET Q q 0 0 0 rg BT 431.55 90.25 Td (its ) Tj ET Q q 0 0 0 rg BT 443.39 90.25 Td (calculation ) Tj ET Q q 0 0 0 rg BT 489.65 90.25 Td (and ) Tj ET Q q 0 0 0 rg BT 506.48 90.25 Td (determination ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.57 78.25 Td (the ) Tj ET Q q 0 0 0 rg BT 77.03 78.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 94.15 78.25 Td (value ) Tj ET Q q 0 0 0 rg BT 119.05 78.25 Td (of ) Tj ET Q q 0 0 0 rg BT 130.63 78.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 176.08 78.25 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 212.64 78.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 253.10 78.25 Td (for ) Tj ET Q q 0 0 0 rg BT 268.01 78.25 Td (purchased ) Tj ET Q q 0 0 0 rg BT 311.79 78.25 Td (businesses ) Tj ET Q q 0 0 0 rg BT 357.25 78.25 Td (as ) Tj ET Q q 0 0 0 rg BT 368.83 78.25 Td (part ) Tj ET Q q 0 0 0 rg BT 387.62 78.25 Td (of ) Tj ET Q q 0 0 0 rg BT 399.19 78.25 Td (the ) Tj ET Q q 0 0 0 rg BT 414.65 78.25 Td (related ) Tj ET Q q 0 0 0 rg BT 445.10 78.25 Td (valuation ) 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0 rg BT 547.57 658.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td ($8.6 ) Tj ET Q q 0 0 0 rg BT 70.00 646.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.89 646.10 Td ( ) Tj ET Q q 0 0 0 rg BT 101.39 646.10 Td (was ) Tj ET Q q 0 0 0 rg BT 119.44 646.10 Td (included ) Tj ET Q q 0 0 0 rg BT 156.38 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 166.66 646.10 Td (current ) Tj ET Q q 0 0 0 rg BT 197.47 646.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 237.19 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 247.47 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 262.18 646.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 309.26 646.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 356.20 646.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 411.47 646.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 446.18 646.10 Td (Sheet.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 52.17 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 54.34 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 56.51 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 58.68 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 60.85 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 63.02 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 65.19 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 67.36 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 69.52 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 71.69 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 73.86 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 76.03 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 78.20 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 80.37 624.10 Td ( ) Tj ET Q q 0 0 0 rg BT 82.54 624.10 Td (Consideration ) Tj ET Q q 0 0 0 rg BT 140.81 624.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 160.20 624.10 Td (by ) Tj ET Q q 0 0 0 rg BT 172.37 624.10 Td (the ) Tj ET Q q 0 0 0 rg BT 186.76 624.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 227.81 624.10 Td (for ) Tj ET Q q 0 0 0 rg BT 241.64 624.10 Td (the ) Tj ET Q q 0 0 0 rg BT 256.03 624.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 300.42 624.10 Td (it ) Tj ET Q q 0 0 0 rg BT 308.15 624.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 349.74 624.10 Td (is ) Tj ET Q q 0 0 0 rg BT 358.58 624.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 396.84 624.10 Td (to ) Tj ET Q q 0 0 0 rg BT 406.79 624.10 Td (the ) Tj ET Q q 0 0 0 rg BT 421.18 624.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 446.67 624.10 Td (and ) Tj ET Q q 0 0 0 rg BT 463.28 624.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 502.67 624.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 539.26 624.10 Td (based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 72.65 612.10 Td (their ) Tj ET Q q 0 0 0 rg BT 93.62 612.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 134.58 612.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 151.11 612.10 Td (values ) Tj ET Q q 0 0 0 rg BT 179.30 612.10 Td (as ) Tj ET Q q 0 0 0 rg BT 190.28 612.10 Td (of ) Tj ET Q q 0 0 0 rg BT 201.25 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 216.12 612.10 Td (date ) Tj ET Q q 0 0 0 rg BT 235.42 612.10 Td (of ) Tj ET Q q 0 0 0 rg BT 246.40 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 261.26 612.10 Td (acquisition. ) Tj ET Q q 0 0 0 rg BT 310.10 612.10 Td (The ) Tj ET Q q 0 0 0 rg BT 328.29 612.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 357.04 612.10 Td (of ) Tj ET Q q 0 0 0 rg BT 368.01 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 382.88 612.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 421.06 612.10 Td (price ) Tj ET Q q 0 0 0 rg BT 443.69 612.10 Td (over ) Tj ET Q q 0 0 0 rg BT 464.11 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 478.97 612.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 519.94 612.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 536.46 612.10 Td (values ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 600.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 86.66 600.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 123.58 600.10 Td (\(including ) Tj ET Q q 0 0 0 rg BT 167.19 600.10 Td (identified ) Tj ET Q q 0 0 0 rg BT 208.01 600.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 250.50 600.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 276.33 600.10 Td (acquired\) ) Tj ET Q q 0 0 0 rg BT 316.58 600.10 Td (and ) Tj ET Q q 0 0 0 rg BT 333.52 600.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 373.24 600.10 Td (assumed ) Tj ET Q q 0 0 0 rg BT 410.18 600.10 Td (is ) Tj ET Q q 0 0 0 rg BT 419.35 600.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 456.82 600.10 Td (as ) Tj ET Q q 0 0 0 rg BT 467.65 600.10 Td (goodwill.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 576.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 576.10 Td (In ) Tj ET Q q 0 0 0 rg BT 96.35 576.10 Td (the ) Tj ET Q q 0 0 0 rg BT 110.59 576.10 Td (table ) Tj ET Q q 0 0 0 rg BT 132.04 576.10 Td (below ) Tj ET Q q 0 0 0 rg BT 158.50 576.10 Td (the ) Tj ET Q q 0 0 0 rg BT 172.74 576.10 Td (aggregated ) Tj ET Q q 0 0 0 rg BT 218.62 576.10 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 260.08 576.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 275.43 576.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 301.32 576.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 338.32 576.10 Td (information ) Tj ET Q q 0 0 0 rg BT 387.56 576.10 Td (pertains ) Tj ET Q q 0 0 0 rg BT 421.23 576.10 Td (to ) Tj ET Q q 0 0 0 rg BT 431.03 576.10 Td (all ) Tj ET Q q 0 0 0 rg BT 443.05 576.10 Td (of ) Tj ET Q q 0 0 0 rg BT 453.40 576.10 Td (the ) Tj ET Q q 0 0 0 rg BT 467.63 576.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 514.24 576.10 Td (acquisitions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 564.10 Td (that ) Tj ET Q q 0 0 0 rg BT 67.59 564.10 Td (have ) Tj ET Q q 0 0 0 rg BT 89.06 564.10 Td (an ) Tj ET Q q 0 0 0 rg BT 101.09 564.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 130.90 564.10 Td (on ) Tj ET Q q 0 0 0 rg BT 143.49 564.10 Td (the ) Tj ET Q q 0 0 0 rg BT 158.30 564.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 195.88 564.10 Td (results ) Tj ET Q q 0 0 0 rg BT 224.58 564.10 Td (for ) Tj ET Q q 0 0 0 rg BT 238.84 564.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.65 564.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.63 564.10 Td ( ) Tj ET Q q 0 0 0 rg BT 276.23 564.10 Td (months ) Tj ET Q q 0 0 0 rg BT 308.27 564.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.74 564.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 378.43 564.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.43 564.10 Td ( ) Tj ET Q q 0 0 0 rg BT 401.03 564.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.06 564.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 461.75 564.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.75 564.10 Td (, ) Tj ET Q q 0 0 0 rg BT 486.85 564.10 Td (which ) Tj ET Q q 0 0 0 rg BT 513.88 564.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 549.80 564.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 100.47 552.10 Td (of ) Tj ET Q q 0 0 0 rg BT 111.49 552.10 Td (Zillious ) Tj ET Q q 0 0 0 rg BT 145.30 552.10 Td (\(acquired ) Tj ET Q q 0 0 0 rg BT 185.75 552.10 Td (January ) Tj ET Q q 0 0 0 rg BT 219.54 552.10 Td (2019\), ) Tj ET Q q 0 0 0 rg BT 248.07 552.10 Td (Essel ) Tj ET Q q 0 0 0 rg BT 271.87 552.10 Td (\(acquired ) Tj ET Q q 0 0 0 rg BT 312.32 552.10 Td (January ) Tj ET Q q 0 0 0 rg BT 346.11 552.10 Td (2019\), ) Tj ET Q q 0 0 0 rg BT 374.63 552.10 Td (and ) Tj ET Q q 0 0 0 rg BT 391.57 552.10 Td (W) Tj ET Q q 0 0 0 rg BT 400.21 552.10 Td (allstreet ) Tj ET Q q 0 0 0 rg BT 434.55 552.10 Td (Canada ) Tj ET Q q 0 0 0 rg BT 467.23 552.10 Td (\(acquired ) Tj ET Q q 0 0 0 rg BT 507.09 552.10 Td (August ) Tj ET Q q 0 0 0 rg BT 538.67 552.10 Td (2019\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.10 Td (and ) Tj ET Q q 0 0 0 rg BT 67.02 540.10 Td (is ) Tj ET Q q 0 0 0 rg BT 76.27 540.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 114.40 540.10 Td (for ) Tj ET Q q 0 0 0 rg BT 128.64 540.10 Td (informational ) Tj ET Q q 0 0 0 rg BT 185.65 540.10 Td (purposes ) Tj ET Q q 0 0 0 rg BT 223.79 540.10 Td (only ) Tj ET Q q 0 0 0 rg BT 244.15 540.10 Td (and ) Tj ET Q q 0 0 0 rg BT 261.17 540.10 Td (is ) Tj ET Q q 0 0 0 rg BT 270.42 540.10 Td (not ) Tj ET Q q 0 0 0 rg BT 285.78 540.10 Td (a ) Tj ET Q q 0 0 0 rg BT 292.80 540.10 Td (projection ) Tj ET Q q 0 0 0 rg BT 335.93 540.10 Td (of ) Tj ET Q q 0 0 0 rg BT 346.84 540.10 Td ( ) Tj ET Q q 0 0 0 rg BT 349.42 540.10 Td (the ) Tj ET Q q 0 0 0 rg BT 364.22 540.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 411.38 540.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 449.50 540.10 Td (results ) Tj ET Q q 0 0 0 rg BT 478.19 540.10 Td (of ) Tj ET Q q 0 0 0 rg BT 489.10 540.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 533.33 540.10 Td (for ) Tj ET Q q 0 0 0 rg BT 547.58 540.10 Td (any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td (future ) Tj ET Q q 0 0 0 rg BT 76.28 528.10 Td (period. ) Tj ET Q q 0 0 0 rg BT 106.73 528.10 Td (No ) Tj ET Q q 0 0 0 rg BT 121.35 528.10 Td (ef) Tj ET Q q 0 0 0 rg BT 128.94 528.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 146.32 528.10 Td (has ) Tj ET Q q 0 0 0 rg BT 162.06 528.10 Td (been ) Tj ET Q q 0 0 0 rg BT 183.33 528.10 Td (given ) Tj ET Q q 0 0 0 rg BT 207.95 528.10 Td (in ) Tj ET Q q 0 0 0 rg BT 218.13 528.10 Td (this ) Tj ET Q q 0 0 0 rg BT 234.98 528.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 250.71 528.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 276.99 528.10 Td (information ) Tj ET Q q 0 0 0 rg BT 326.60 528.10 Td (for ) Tj ET Q q 0 0 0 rg BT 340.67 528.10 Td (future ) Tj ET Q q 0 0 0 rg BT 366.94 528.10 Td (syner) Tj ET Q q 0 0 0 rg BT 388.42 528.10 Td (gistic ) Tj ET Q q 0 0 0 rg BT 412.49 528.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 446.55 528.10 Td (that ) Tj ET Q q 0 0 0 rg BT 463.94 528.10 Td (may ) Tj ET Q q 0 0 0 rg BT 483.56 528.10 Td (still ) Tj ET Q q 0 0 0 rg BT 500.97 528.10 Td (be ) Tj ET Q q 0 0 0 rg BT 512.81 528.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 546.85 528.10 Td (as ) Tj ET Q q 0 0 0 rg BT 557.58 528.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 516.10 Td (result ) Tj ET Q q 0 0 0 rg BT 74.08 516.10 Td (of ) Tj ET Q q 0 0 0 rg BT 84.28 516.10 Td (combining ) Tj ET Q q 0 0 0 rg BT 128.92 516.10 Td (these ) Tj ET Q q 0 0 0 rg BT 151.34 516.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 195.97 516.10 Td (or ) Tj ET Q q 0 0 0 rg BT 206.17 516.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 228.03 516.10 Td (that ) Tj ET Q q 0 0 0 rg BT 244.90 516.10 Td (may ) Tj ET Q q 0 0 0 rg BT 263.98 516.10 Td (yet ) Tj ET Q q 0 0 0 rg BT 278.07 516.10 Td (be ) Tj ET Q q 0 0 0 rg BT 289.37 516.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 324.56 516.10 Td (in ) Tj ET Q q 0 0 0 rg BT 334.20 516.10 Td (integrating ) Tj ET Q q 0 0 0 rg BT 379.39 516.10 Td (their ) Tj ET Q q 0 0 0 rg BT 399.58 516.10 Td (operations. ) Tj ET Q q 0 0 0 rg BT 445.47 516.10 Td (The ) Tj ET Q q 0 0 0 rg BT 462.89 516.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 484.75 516.10 Td (and ) Tj ET Q q 0 0 0 rg BT 501.06 516.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 522.93 516.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 538.12 516.10 Td (forma ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 504.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 86.80 504.10 Td (information ) Tj ET Q q 0 0 0 rg BT 135.83 504.10 Td (below ) Tj ET Q q 0 0 0 rg BT 162.08 504.10 Td (assumes ) Tj ET Q q 0 0 0 rg BT 197.23 504.10 Td (that ) Tj ET Q q 0 0 0 rg BT 214.04 504.10 Td (all ) Tj ET Q q 0 0 0 rg BT 225.85 504.10 Td (business ) Tj ET Q q 0 0 0 rg BT 261.56 504.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 311.15 504.10 Td (made ) Tj ET Q q 0 0 0 rg BT 334.62 504.10 Td (during ) Tj ET Q q 0 0 0 rg BT 362.54 504.10 Td (this ) Tj ET Q q 0 0 0 rg BT 378.81 504.10 Td (period ) Tj ET Q q 0 0 0 rg BT 406.17 504.10 Td (were ) Tj ET Q q 0 0 0 rg BT 427.42 504.10 Td (made ) Tj ET Q q 0 0 0 rg BT 450.89 504.10 Td (on ) Tj ET Q q 0 0 0 rg BT 462.71 504.10 Td (January ) Tj ET Q q 0 0 0 rg BT 495.62 504.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 504.94 504.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 529.25 504.10 Td (whereas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 492.10 Td (the ) Tj ET Q q 0 0 0 rg BT 65.44 492.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 113.24 492.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 149.78 492.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 187.98 492.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 233.42 492.10 Td (for ) Tj ET Q q 0 0 0 rg BT 248.30 492.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.74 492.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.73 492.10 Td ( ) Tj ET Q q 0 0 0 rg BT 286.95 492.10 Td (months ) Tj ET Q q 0 0 0 rg BT 319.62 492.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.72 492.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 391.04 492.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.04 492.10 Td ( ) Tj ET Q q 0 0 0 rg BT 414.26 492.10 Td (and ) Tj ET Q q 0 0 0 rg BT 431.92 492.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 455.15 492.10 Td (only ) Tj ET Q q 0 0 0 rg BT 476.15 492.10 Td (include ) Tj ET Q q 0 0 0 rg BT 508.80 492.10 Td (the ) Tj ET Q q 0 0 0 rg BT 524.24 492.10 Td (operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 480.10 Td (results ) Tj ET Q q 0 0 0 rg BT 78.61 480.10 Td (from ) Tj ET Q q 0 0 0 rg BT 100.55 480.10 Td (these ) Tj ET Q q 0 0 0 rg BT 123.59 480.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 168.32 480.10 Td (since ) Tj ET Q q 0 0 0 rg BT 191.36 480.10 Td (the ) Tj ET Q q 0 0 0 rg BT 206.08 480.10 Td (ef) Tj ET Q q 0 0 0 rg BT 213.67 480.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 243.37 480.10 Td (date ) Tj ET Q q 0 0 0 rg BT 262.52 480.10 Td (that ) Tj ET Q q 0 0 0 rg BT 280.02 480.10 Td (they ) Tj ET Q q 0 0 0 rg BT 299.74 480.10 Td (were ) Tj ET Q q 0 0 0 rg BT 321.67 480.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 358.59 480.10 Td (by ) Tj ET Q q 0 0 0 rg BT 371.09 480.10 Td (Ebix.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 103.00 371.60 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 371.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.00 371.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 371.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 371.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 371.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 371.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 103.00 341.60 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 341.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.00 341.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 341.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 341.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 341.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 341.60 4.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 303 423.6 m 351 423.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 351 423.6 m 399 423.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 404 423.6 m 456 423.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 456 423.6 m 504 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303 385.6 m 351 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 385.6 m 399 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 385.6 m 456 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 385.6 m 504 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303 385.6 m 351 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303 371.6 m 351 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 385.6 m 399 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 371.6 m 399 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 371.6 m 404 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 371.6 m 456 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 371.6 m 504 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 371.6 m 508 371.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.15 448.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 336.73 448.28 Td (ee Months) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.50 438.28 Td (Ended Mar) Tj ET Q q 0 0 0 rg BT 362.58 438.28 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.50 428.28 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.00 438.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 424.58 438.28 Td (ee Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.40 428.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 439.19 428.28 Td (ch 31, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.90 414.28 Td (As) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.50 404.28 Td (Reported) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.80 414.28 Td (Pr) Tj ET Q q 0 0 0 rg BT 377.26 414.28 Td (o) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.05 404.28 Td (Forma) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.90 414.28 Td (As) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.50 404.28 Td (Reported) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.80 414.28 Td (Pr) Tj ET Q q 0 0 0 rg BT 482.26 414.28 Td (o) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.05 404.28 Td (Forma) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.45 390.28 Td (\(unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.45 390.28 Td (\(unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.00 376.28 Td (\(In thousands, except per) Tj ET Q q 0 0 0 rg BT 433.61 376.28 Td ( shar) Tj ET Q q 0 0 0 rg BT 454.82 376.28 Td (e data\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 361.27 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.50 361.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.60 361.27 Td (137,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.50 361.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.60 361.27 Td (137,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 361.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.60 361.27 Td (142,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 361.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.60 361.27 Td (143,122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 346.27 Td (Net Income attributable to Ebix, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.50 346.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.60 346.27 Td (24,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.50 346.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.60 346.27 Td (24,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 346.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 346.27 Td (25,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 346.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.60 346.27 Td (25,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 331.27 Td (Basic EPS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.50 331.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 331.27 Td (0.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.50 331.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 331.27 Td (0.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 331.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 331.27 Td (0.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 331.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 331.27 Td (0.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 316.27 Td (Diluted EPS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.50 316.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 316.27 Td (0.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.50 316.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 316.27 Td (0.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 316.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 316.27 Td (0.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 316.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 316.27 Td (0.84) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.10 Td ( ) Tj ET Q q 0 0 0 rg BT 52.50 290.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 290.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.02 290.10 Td (above ) Tj ET Q q 0 0 0 rg BT 130.37 290.10 Td (referenced ) Tj ET Q q 0 0 0 rg BT 175.02 290.10 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 216.93 290.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 232.73 290.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 259.08 290.10 Td (information ) Tj ET Q q 0 0 0 rg BT 308.76 290.10 Td (and ) Tj ET Q q 0 0 0 rg BT 325.67 290.10 Td (the ) Tj ET Q q 0 0 0 rg BT 340.36 290.10 Td (relative ) Tj ET Q q 0 0 0 rg BT 372.82 290.10 Td (comparative ) Tj ET Q q 0 0 0 rg BT 424.71 290.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 459.39 290.10 Td (in ) Tj ET Q q 0 0 0 rg BT 469.64 290.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 485.44 290.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 511.79 290.10 Td (and ) Tj ET Q q 0 0 0 rg BT 528.70 290.10 Td (reported ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 88.04 278.10 Td (are ) Tj ET Q q 0 0 0 rg BT 102.74 278.10 Td (based ) Tj ET Q q 0 0 0 rg BT 128.01 278.10 Td (on ) Tj ET Q q 0 0 0 rg BT 140.51 278.10 Td (the ) Tj ET Q q 0 0 0 rg BT 155.23 278.10 Td (following ) Tj ET Q q 0 0 0 rg BT 196.62 278.10 Td (premises:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 256.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 256.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 144.70 256.10 Td (and ) Tj ET Q q 0 0 0 rg BT 161.84 256.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 184.54 256.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 200.58 256.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 227.15 256.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 261.50 256.10 Td (contains ) Tj ET Q q 0 0 0 rg BT 297.53 256.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 324.10 256.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 358.45 256.10 Td (of ) Tj ET Q q 0 0 0 rg BT 369.48 256.10 Td (the ) Tj ET Q q 0 0 0 rg BT 384.40 256.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 421.52 256.10 Td (entities ) Tj ET Q q 0 0 0 rg BT 453.11 256.10 Td (before ) Tj ET Q q 0 0 0 rg BT 481.35 256.10 Td (the ) Tj ET Q q 0 0 0 rg BT 496.27 256.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 542.85 256.10 Td (date, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 244.10 Td (as ) Tj ET Q q 0 0 0 rg BT 132.10 244.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 167.19 244.10 Td (by ) Tj ET Q q 0 0 0 rg BT 178.96 244.10 Td (the ) Tj ET Q q 0 0 0 rg BT 192.94 244.10 Td (sellers, ) Tj ET Q q 0 0 0 rg BT 222.76 244.10 Td (as ) Tj ET Q q 0 0 0 rg BT 232.86 244.10 Td (well ) Tj ET Q q 0 0 0 rg BT 251.85 244.10 Td (as ) Tj ET Q q 0 0 0 rg BT 261.95 244.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 287.59 244.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 321.00 244.10 Td (of ) Tj ET Q q 0 0 0 rg BT 331.10 244.10 Td (the ) Tj ET Q q 0 0 0 rg BT 345.09 244.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 381.28 244.10 Td (entities ) Tj ET Q q 0 0 0 rg BT 411.94 244.10 Td (after ) Tj ET Q q 0 0 0 rg BT 432.02 244.10 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 480.17 244.10 Td (whereas ) Tj ET Q q 0 0 0 rg BT 514.70 244.10 Td (the ) Tj ET Q q 0 0 0 rg BT 528.69 244.10 Td (reported ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 232.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 152.69 232.10 Td (in ) Tj ET Q q 0 0 0 rg BT 162.82 232.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 200.71 232.10 Td (of ) Tj ET Q q 0 0 0 rg BT 211.40 232.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.97 232.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 262.75 232.10 Td (entities ) Tj ET Q q 0 0 0 rg BT 293.99 232.10 Td (after ) Tj ET Q q 0 0 0 rg BT 314.66 232.10 Td (the ) Tj ET Q q 0 0 0 rg BT 329.23 232.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 375.47 232.10 Td (date ) Tj ET Q q 0 0 0 rg BT 394.48 232.10 Td (are ) Tj ET Q q 0 0 0 rg BT 409.05 232.10 Td (only ) Tj ET Q q 0 0 0 rg BT 429.18 232.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 466.51 232.10 Td (for ) Tj ET Q q 0 0 0 rg BT 480.52 232.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.10 232.10 Td (period ) Tj ET Q q 0 0 0 rg BT 523.00 232.10 Td (after ) Tj ET Q q 0 0 0 rg BT 543.67 232.10 Td (their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 220.10 Td (acquisition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 208.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 208.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 159.31 208.10 Td (billed ) Tj ET Q q 0 0 0 rg BT 184.42 208.10 Td (to ) Tj ET Q q 0 0 0 rg BT 194.52 208.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 228.51 208.10 Td (clients ) Tj ET Q q 0 0 0 rg BT 256.95 208.10 Td (from ) Tj ET Q q 0 0 0 rg BT 278.71 208.10 Td (the ) Tj ET Q q 0 0 0 rg BT 293.26 208.10 Td (cross ) Tj ET Q q 0 0 0 rg BT 316.14 208.10 Td (selling ) Tj ET Q q 0 0 0 rg BT 345.13 208.10 Td (of ) Tj ET Q q 0 0 0 rg BT 355.79 208.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 392.54 208.10 Td (products ) Tj ET Q q 0 0 0 rg BT 429.31 208.10 Td (has ) Tj ET Q q 0 0 0 rg BT 444.97 208.10 Td (been ) Tj ET Q q 0 0 0 rg BT 466.17 208.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 502.94 208.10 Td (to ) Tj ET Q q 0 0 0 rg BT 513.04 208.10 Td (the ) Tj ET Q q 0 0 0 rg BT 527.59 208.10 Td (acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 196.10 Td (section ) Tj ET Q q 0 0 0 rg BT 152.83 196.10 Td (of ) Tj ET Q q 0 0 0 rg BT 163.66 196.10 Td (our ) Tj ET Q q 0 0 0 rg BT 179.49 196.10 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 184.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 184.10 Td (Any ) Tj ET Q q 0 0 0 rg BT 141.55 184.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 175.55 184.10 Td (products ) Tj ET Q q 0 0 0 rg BT 212.32 184.10 Td (sold ) Tj ET Q q 0 0 0 rg BT 231.33 184.10 Td (to ) Tj ET Q q 0 0 0 rg BT 241.44 184.10 Td (new ) Tj ET Q q 0 0 0 rg BT 260.43 184.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 303.31 184.10 Td (obtained ) Tj ET Q q 0 0 0 rg BT 340.08 184.10 Td (through ) Tj ET Q q 0 0 0 rg BT 373.52 184.10 Td (a ) Tj ET Q q 0 0 0 rg BT 380.29 184.10 Td (newly ) Tj ET Q q 0 0 0 rg BT 407.06 184.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 443.82 184.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 482.81 184.10 Td (base ) Tj ET Q q 0 0 0 rg BT 502.91 184.10 Td (are ) Tj ET Q q 0 0 0 rg BT 517.45 184.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 554.22 184.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 172.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.72 172.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 173.64 172.10 Td (section ) Tj ET Q q 0 0 0 rg BT 204.47 172.10 Td (of ) Tj ET Q q 0 0 0 rg BT 215.30 172.10 Td (our ) Tj ET Q q 0 0 0 rg BT 231.13 172.10 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 160.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 160.10 Td (Pro ) Tj ET Q q 0 0 0 rg BT 137.96 160.10 Td (formas ) Tj ET Q q 0 0 0 rg BT 167.79 160.10 Td (do ) Tj ET Q q 0 0 0 rg BT 179.86 160.10 Td (not ) Tj ET Q q 0 0 0 rg BT 194.70 160.10 Td (include ) Tj ET Q q 0 0 0 rg BT 226.20 160.10 Td (post ) Tj ET Q q 0 0 0 rg BT 244.93 160.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 290.88 160.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 324.59 160.10 Td (reductions ) Tj ET Q q 0 0 0 rg BT 368.31 160.10 Td (as ) Tj ET Q q 0 0 0 rg BT 378.71 160.10 Td (a ) Tj ET Q q 0 0 0 rg BT 385.21 160.10 Td (result ) Tj ET Q q 0 0 0 rg BT 409.50 160.10 Td (of ) Tj ET Q q 0 0 0 rg BT 419.89 160.10 Td (discontinuation ) Tj ET Q q 0 0 0 rg BT 483.62 160.10 Td (of ) Tj ET Q q 0 0 0 rg BT 494.01 160.10 Td (any ) Tj ET Q q 0 0 0 rg BT 510.52 160.10 Td (product ) Tj ET Q q 0 0 0 rg BT 543.13 160.10 Td (lines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 148.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 150.05 148.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 189.20 148.10 Td (projects ) Tj ET Q q 0 0 0 rg BT 223.36 148.10 Td (by ) Tj ET Q q 0 0 0 rg BT 235.86 148.10 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 257.24 148.10 Td (in ) Tj ET Q q 0 0 0 rg BT 267.52 148.10 Td (line ) Tj ET Q q 0 0 0 rg BT 285.02 148.10 Td (with ) Tj ET Q q 0 0 0 rg BT 305.30 148.10 Td (the ) Tj ET Q q 0 0 0 rg BT 320.01 148.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 367.09 148.10 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 409.03 148.10 Td (to ) Tj ET Q q 0 0 0 rg BT 419.31 148.10 Td (maximize ) Tj ET Q q 0 0 0 rg BT 461.24 148.10 Td (profitability) Tj ET Q q 0 0 0 rg BT 508.36 148.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 136.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 136.10 Td (The ) Tj ET Q q 0 0 0 rg BT 141.02 136.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 171.71 136.10 Td (from ) Tj ET Q q 0 0 0 rg BT 194.62 136.10 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 245.31 136.10 Td (of ) Tj ET Q q 0 0 0 rg BT 257.11 136.10 Td (the ) Tj ET Q q 0 0 0 rg BT 272.80 136.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 314.03 136.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 336.38 136.10 Td (for ) Tj ET Q q 0 0 0 rg BT 351.51 136.10 Td (the ) Tj ET Q q 0 0 0 rg BT 367.21 136.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 399.56 136.10 Td (currencies ) Tj ET Q q 0 0 0 rg BT 444.11 136.10 Td (in ) Tj ET Q q 0 0 0 rg BT 455.37 136.10 Td (the ) Tj ET Q q 0 0 0 rg BT 471.06 136.10 Td (countries ) Tj ET Q q 0 0 0 rg BT 511.19 136.10 Td (in ) Tj ET Q q 0 0 0 rg BT 522.44 136.10 Td (which ) Tj ET Q q 0 0 0 rg BT 550.35 136.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 124.10 Td (conduct ) Tj ET Q q 0 0 0 rg BT 156.20 124.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 200.40 124.10 Td (also ) Tj ET Q q 0 0 0 rg BT 219.05 124.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 254.91 124.10 Td (af) Tj ET Q q 0 0 0 rg BT 262.50 124.10 Td (fected ) Tj ET Q q 0 0 0 rg BT 289.47 124.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 325.32 124.10 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 365.90 124.10 Td (During ) Tj ET Q q 0 0 0 rg BT 396.78 124.10 Td (the ) Tj ET Q q 0 0 0 rg BT 411.54 124.10 Td (three ) Tj ET Q q 0 0 0 rg BT 434.07 124.10 Td (months ) Tj ET Q q 0 0 0 rg BT 466.06 124.10 Td (ending ) Tj ET Q q 0 0 0 rg BT 495.82 124.10 Td (March ) Tj ET Q q 0 0 0 rg BT 524.46 124.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 539.50 124.10 Td (2020, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 112.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.72 112.10 Td (change ) Tj ET Q q 0 0 0 rg BT 167.53 112.10 Td (in ) Tj ET Q q 0 0 0 rg BT 177.81 112.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 209.19 112.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 246.66 112.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 286.92 112.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 308.29 112.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 350.21 112.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 403.25 112.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 443.51 112.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 481.55 112.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.05 112.10 Td ($3.7 ) Tj ET Q q 0 0 0 rg BT 514.05 112.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.94 112.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 76.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 76.10 Td (4: ) Tj ET Q q 0 0 0 rg BT 83.32 76.10 Td (Debt) Tj ET Q endstream endobj 55 0 obj <>] /Rotate 0 /Contents 56 0 R>> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 742.10 Td (On ) Tj ET Q q 0 0 0 rg BT 100.62 742.10 Td (March ) Tj ET Q q 0 0 0 rg BT 129.11 742.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 144.01 742.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 168.90 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 183.51 742.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 224.79 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 241.63 742.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 271.22 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 281.95 742.10 Td (its ) Tj ET Q q 0 0 0 rg BT 293.79 742.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 343.40 742.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 375.22 742.10 Td (into ) Tj ET Q q 0 0 0 rg BT 393.18 742.10 Td (a ) Tj ET Q q 0 0 0 rg BT 400.01 742.10 Td (waiver ) Tj ET Q q 0 0 0 rg BT 429.61 742.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 473.65 742.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 491.59 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 504.66 742.10 Td (aiver\) ) Tj ET Q q 0 0 0 rg BT 534.81 742.10 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.99 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 76.43 730.10 Td (senior ) Tj ET Q q 0 0 0 rg BT 104.08 730.10 Td (secured ) Tj ET Q q 0 0 0 rg BT 137.83 730.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 163.81 730.10 Td (facility) Tj ET Q q 0 0 0 rg BT 191.48 730.10 Td (, ) Tj ET Q q 0 0 0 rg BT 197.20 730.10 Td (dated, ) Tj ET Q q 0 0 0 rg BT 223.86 730.10 Td (August ) Tj ET Q q 0 0 0 rg BT 255.97 730.10 Td (5, ) Tj ET Q q 0 0 0 rg BT 266.68 730.10 Td (2014, ) Tj ET Q q 0 0 0 rg BT 292.40 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 303.94 730.10 Td (amended ) Tj ET Q q 0 0 0 rg BT 343.25 730.10 Td (among ) Tj ET Q q 0 0 0 rg BT 373.68 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 389.11 730.10 Td (Company) Tj ET Q q 0 0 0 rg BT 427.35 730.10 Td (, ) Tj ET Q q 0 0 0 rg BT 433.07 730.10 Td (Regions ) Tj ET Q q 0 0 0 rg BT 469.06 730.10 Td (Bank ) Tj ET Q q 0 0 0 rg BT 493.38 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 511.04 730.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 541.46 730.10 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (lenders ) Tj ET Q q 0 0 0 rg BT 81.11 718.10 Td (party ) Tj ET Q q 0 0 0 rg BT 103.89 718.10 Td (thereto ) Tj ET Q q 0 0 0 rg BT 133.89 718.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 151.67 718.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 183.33 718.10 Td (Facility\). ) Tj ET Q q 0 0 0 rg BT 226.22 718.10 Td (The ) Tj ET Q q 0 0 0 rg BT 243.84 718.10 Td (W) Tj ET Q q 0 0 0 rg BT 252.48 718.10 Td (aiver ) Tj ET Q q 0 0 0 rg BT 274.70 718.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 311.37 718.10 Td (that ) Tj ET Q q 0 0 0 rg BT 328.60 718.10 Td (so ) Tj ET Q q 0 0 0 rg BT 339.72 718.10 Td (long ) Tj ET Q q 0 0 0 rg BT 359.73 718.10 Td (as ) Tj ET Q q 0 0 0 rg BT 370.30 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 384.75 718.10 Td (Company) Tj ET Q q 0 0 0 rg BT 426.41 718.10 Td (s ) Tj ET Q q 0 0 0 rg BT 432.54 718.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 468.63 718.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 489.19 718.10 Td (is ) Tj ET Q q 0 0 0 rg BT 498.09 718.10 Td (below ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.76 718.10 Td (5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.26 718.10 Td ( ) Tj ET Q q 0 0 0 rg BT 539.50 718.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.51 718.10 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (for ) Tj ET Q q 0 0 0 rg BT 63.95 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 78.46 706.10 Td (Company) Tj ET Q q 0 0 0 rg BT 120.12 706.10 Td (s ) Tj ET Q q 0 0 0 rg BT 126.30 706.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 150.25 706.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 180.85 706.10 Td (ending ) Tj ET Q q 0 0 0 rg BT 210.36 706.10 Td (March ) Tj ET Q q 0 0 0 rg BT 238.74 706.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 253.53 706.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 275.82 706.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 312.55 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 322.62 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 337.12 706.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 361.63 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 372.25 706.10 Td (its ) Tj ET Q q 0 0 0 rg BT 383.98 706.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 432.36 706.10 Td (certificate ) Tj ET Q q 0 0 0 rg BT 474.62 706.10 Td (required ) Tj ET Q q 0 0 0 rg BT 510.22 706.10 Td (by ) Tj ET Q q 0 0 0 rg BT 522.51 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 537.02 706.10 Td (Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Facility) Tj ET Q q 0 0 0 rg BT 79.90 694.10 Td (, ) Tj ET Q q 0 0 0 rg BT 84.90 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 99.62 694.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 133.78 694.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 170.15 694.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 190.97 694.10 Td (requirement ) Tj ET Q q 0 0 0 rg BT 241.78 694.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.61 694.10 Td (3.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.11 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 272.61 694.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.89 694.10 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.39 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 297.89 694.10 Td (will ) Tj ET Q q 0 0 0 rg BT 315.95 694.10 Td (be ) Tj ET Q q 0 0 0 rg BT 327.89 694.10 Td (waived. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 670.10 Td (On ) Tj ET Q q 0 0 0 rg BT 101.57 670.10 Td (September ) Tj ET Q q 0 0 0 rg BT 147.67 670.10 Td (27, ) Tj ET Q q 0 0 0 rg BT 163.52 670.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 189.36 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 204.92 670.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 247.15 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 264.93 670.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 295.48 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 307.15 670.10 Td (its ) Tj ET Q q 0 0 0 rg BT 319.95 670.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 370.51 670.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 403.27 670.10 Td (into ) Tj ET Q q 0 0 0 rg BT 422.17 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 437.73 670.10 Td (Ninth ) Tj ET Q q 0 0 0 rg BT 463.12 670.10 Td (Amendment ) Tj ET Q q 0 0 0 rg BT 515.90 670.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 534.79 670.10 Td (Ninth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (Amendment\) ) Tj ET Q q 0 0 0 rg BT 109.04 658.10 Td (to ) Tj ET Q q 0 0 0 rg BT 118.66 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 132.72 658.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 159.15 658.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 205.41 658.10 Td (which ) Tj ET Q q 0 0 0 rg BT 231.69 658.10 Td (amended ) Tj ET Q q 0 0 0 rg BT 269.62 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 283.68 658.10 Td (definitions ) Tj ET Q q 0 0 0 rg BT 328.29 658.10 Td (of ) Tj ET Q q 0 0 0 rg BT 338.46 658.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 397.51 658.10 Td (EBITDA" ) Tj ET Q q 0 0 0 rg BT 440.09 658.10 Td (to ) Tj ET Q q 0 0 0 rg BT 449.71 658.10 Td (add ) Tj ET Q q 0 0 0 rg BT 465.99 658.10 Td (back ) Tj ET Q q 0 0 0 rg BT 486.71 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 500.76 658.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 542.58 658.10 Td (legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (settlement, ) Tj ET Q q 0 0 0 rg BT 96.81 646.10 Td (Indebtedness ) Tj ET Q q 0 0 0 rg BT 161.11 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 172.10 646.10 Td (disqualify ) Tj ET Q q 0 0 0 rg BT 215.30 646.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 243.51 646.10 Td (interests ) Tj ET Q q 0 0 0 rg BT 280.05 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 291.04 646.10 Td (be ) Tj ET Q q 0 0 0 rg BT 303.69 646.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 331.90 646.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 373.43 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 388.38 646.10 Td (Y) Tj ET Q q 0 0 0 rg BT 394.60 646.10 Td (atra ) Tj ET Q q 0 0 0 rg BT 412.80 646.10 Td (Online ) Tj ET Q q 0 0 0 rg BT 443.23 646.10 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 492.82 646.10 Td (and ) Tj ET Q q 0 0 0 rg BT 510.47 646.10 Td (modified ) Tj ET Q q 0 0 0 rg BT 549.79 646.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 93.05 634.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 146.09 634.10 Td (net ) Tj ET Q q 0 0 0 rg BT 160.81 634.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 180.53 634.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 216.89 634.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 237.71 634.10 Td (allowed.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 610.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.29 610.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 141.68 610.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.68 610.10 Td (, ) Tj ET Q q 0 0 0 rg BT 166.47 610.10 Td (the ) Tj ET Q q 0 0 0 rg BT 180.98 610.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 227.85 610.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 274.58 610.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 329.65 610.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 364.14 610.10 Td (Sheets ) Tj ET Q q 0 0 0 rg BT 392.54 610.10 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.27 610.10 Td ($5.3 ) Tj ET Q q 0 0 0 rg BT 444.06 610.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.95 610.10 Td ( ) Tj ET Q q 0 0 0 rg BT 475.24 610.10 Td (of ) Tj ET Q q 0 0 0 rg BT 485.86 610.10 Td (remaining ) Tj ET Q q 0 0 0 rg BT 528.70 610.10 Td (deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 90.02 598.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 112.29 598.10 Td (in ) Tj ET Q q 0 0 0 rg BT 122.32 598.10 Td (connection ) Tj ET Q q 0 0 0 rg BT 168.46 598.10 Td (with ) Tj ET Q q 0 0 0 rg BT 188.50 598.10 Td (this ) Tj ET Q q 0 0 0 rg BT 205.21 598.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 231.96 598.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 281.15 598.10 Td (which ) Tj ET Q q 0 0 0 rg BT 307.85 598.10 Td (are ) Tj ET Q q 0 0 0 rg BT 322.31 598.10 Td (being ) Tj ET Q q 0 0 0 rg BT 346.79 598.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 389.03 598.10 Td (as ) Tj ET Q q 0 0 0 rg BT 399.62 598.10 Td (a ) Tj ET Q q 0 0 0 rg BT 406.32 598.10 Td (component ) Tj ET Q q 0 0 0 rg BT 453.02 598.10 Td (of ) Tj ET Q q 0 0 0 rg BT 463.61 598.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 495.30 598.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 529.77 598.10 Td (over ) Tj ET Q q 0 0 0 rg BT 549.80 598.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.55 586.10 Td (-year ) Tj ET Q q 0 0 0 rg BT 88.41 586.10 Td (term ) Tj ET Q q 0 0 0 rg BT 109.06 586.10 Td (of ) Tj ET Q q 0 0 0 rg BT 119.71 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 134.25 586.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 174.34 586.10 Td (agreement. ) Tj ET Q q 0 0 0 rg BT 220.80 586.10 Td (In ) Tj ET Q q 0 0 0 rg BT 231.45 586.10 Td (regards ) Tj ET Q q 0 0 0 rg BT 263.21 586.10 Td (to ) Tj ET Q q 0 0 0 rg BT 273.31 586.10 Td (these ) Tj ET Q q 0 0 0 rg BT 296.18 586.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 331.81 586.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 371.89 586.10 Td (costs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.72 586.10 Td ($3.2 ) Tj ET Q q 0 0 0 rg BT 416.54 586.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.43 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 447.75 586.10 Td (pertains ) Tj ET Q q 0 0 0 rg BT 481.73 586.10 Td (to ) Tj ET Q q 0 0 0 rg BT 491.83 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 506.37 586.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 547.02 586.10 Td (line ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.93 574.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 86.28 574.10 Td (component ) Tj ET Q q 0 0 0 rg BT 133.31 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.24 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 159.05 574.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 186.07 574.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 235.59 574.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.62 574.10 Td ($2.1 ) Tj ET Q q 0 0 0 rg BT 272.72 574.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.61 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 304.20 574.10 Td (pertains ) Tj ET Q q 0 0 0 rg BT 338.45 574.10 Td (to ) Tj ET Q q 0 0 0 rg BT 348.83 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 363.64 574.10 Td (term ) Tj ET Q q 0 0 0 rg BT 384.56 574.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 404.37 574.10 Td (component ) Tj ET Q q 0 0 0 rg BT 451.40 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 462.33 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 477.14 574.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 504.15 574.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 553.67 574.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.39 562.10 Td ($734 ) Tj ET Q q 0 0 0 rg BT 100.34 562.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.45 562.10 Td ( ) Tj ET Q q 0 0 0 rg BT 139.41 562.10 Td (is ) Tj ET Q q 0 0 0 rg BT 149.03 562.10 Td (netted ) Tj ET Q q 0 0 0 rg BT 176.42 562.10 Td (against ) Tj ET Q q 0 0 0 rg BT 207.69 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 222.86 562.10 Td (current ) Tj ET Q q 0 0 0 rg BT 254.13 562.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 285.97 562.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.36 562.10 Td ($1.4 ) Tj ET Q q 0 0 0 rg BT 323.82 562.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.71 562.10 Td ( ) Tj ET Q q 0 0 0 rg BT 355.66 562.10 Td (is ) Tj ET Q q 0 0 0 rg BT 365.29 562.10 Td (netted ) Tj ET Q q 0 0 0 rg BT 392.67 562.10 Td (against ) Tj ET Q q 0 0 0 rg BT 423.95 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 439.12 562.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 481.51 562.10 Td (portions ) Tj ET Q q 0 0 0 rg BT 517.24 562.10 Td (of ) Tj ET Q q 0 0 0 rg BT 528.52 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 543.69 562.10 Td (term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 69.30 550.10 Td (as ) Tj ET Q q 0 0 0 rg BT 79.71 550.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 115.10 550.10 Td (on ) Tj ET Q q 0 0 0 rg BT 127.18 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.47 550.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 187.99 550.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 242.84 550.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 277.13 550.10 Td (Sheets. ) Tj ET Q q 0 0 0 rg BT 307.35 550.10 Td (At ) Tj ET Q q 0 0 0 rg BT 319.43 550.10 Td (December ) Tj ET Q q 0 0 0 rg BT 362.60 550.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 377.18 550.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 401.75 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 416.05 550.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 462.71 550.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 509.23 550.10 Td (Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 84.79 538.10 Td (Sheets ) Tj ET Q q 0 0 0 rg BT 113.48 538.10 Td (included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.50 538.10 Td ($5.2 ) Tj ET Q q 0 0 0 rg BT 170.59 538.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.48 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 202.07 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 212.99 538.10 Td (remaining ) Tj ET Q q 0 0 0 rg BT 256.12 538.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 292.01 538.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 332.36 538.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 354.95 538.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.31 538.10 Td ($3.1 ) Tj ET Q q 0 0 0 rg BT 395.40 538.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.29 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 426.88 538.10 Td (pertaining ) Tj ET Q q 0 0 0 rg BT 470.01 538.10 Td (to ) Tj ET Q q 0 0 0 rg BT 480.37 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.17 538.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 536.09 538.10 Td (line ) Tj ET Q q 0 0 0 rg BT 553.67 538.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 75.47 526.10 Td (component ) Tj ET Q q 0 0 0 rg BT 122.61 526.10 Td (of ) Tj ET Q q 0 0 0 rg BT 133.64 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 148.56 526.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 175.67 526.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 225.30 526.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.44 526.10 Td ($2.1 ) Tj ET Q q 0 0 0 rg BT 262.65 526.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.54 526.10 Td ( ) Tj ET Q q 0 0 0 rg BT 294.24 526.10 Td (pertaining ) Tj ET Q q 0 0 0 rg BT 337.49 526.10 Td (to ) Tj ET Q q 0 0 0 rg BT 347.97 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 362.89 526.10 Td (term ) Tj ET Q q 0 0 0 rg BT 383.92 526.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 403.85 526.10 Td (component ) Tj ET Q q 0 0 0 rg BT 450.98 526.10 Td (of ) Tj ET Q q 0 0 0 rg BT 462.02 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 476.94 526.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 504.04 526.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 553.67 526.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 514.10 Td ($575 ) Tj ET Q q 0 0 0 rg BT 98.57 514.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.68 514.10 Td ( ) Tj ET Q q 0 0 0 rg BT 136.74 514.10 Td (was ) Tj ET Q q 0 0 0 rg BT 154.36 514.10 Td (netted ) Tj ET Q q 0 0 0 rg BT 180.85 514.10 Td (against ) Tj ET Q q 0 0 0 rg BT 211.24 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.53 514.10 Td (current ) Tj ET Q q 0 0 0 rg BT 255.91 514.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 286.86 514.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.36 514.10 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 322.92 514.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.82 514.10 Td ( ) Tj ET Q q 0 0 0 rg BT 353.88 514.10 Td (was ) Tj ET Q q 0 0 0 rg BT 371.50 514.10 Td (netted ) Tj ET Q q 0 0 0 rg BT 397.99 514.10 Td (against ) Tj ET Q q 0 0 0 rg BT 428.38 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 442.67 514.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 484.16 514.10 Td (portions ) Tj ET Q q 0 0 0 rg BT 519.01 514.10 Td (of ) Tj ET Q q 0 0 0 rg BT 529.40 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 543.68 514.10 Td (term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 69.72 502.10 Td (as ) Tj ET Q q 0 0 0 rg BT 80.55 502.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 116.36 502.10 Td (on ) Tj ET Q q 0 0 0 rg BT 128.86 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 143.58 502.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 190.52 502.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 245.79 502.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 280.49 502.10 Td (Sheets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 478.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.69 478.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 140.48 478.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.48 478.10 Td (, ) Tj ET Q q 0 0 0 rg BT 164.66 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 178.57 478.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 226.92 478.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 259.14 478.10 Td (on ) Tj ET Q q 0 0 0 rg BT 270.83 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 284.74 478.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 324.75 478.10 Td (line ) Tj ET Q q 0 0 0 rg BT 341.43 478.10 Td (of ) Tj ET Q q 0 0 0 rg BT 351.45 478.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 375.91 478.10 Td (under ) Tj ET Q q 0 0 0 rg BT 400.36 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.27 478.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 440.58 478.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 486.69 478.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.93 478.10 Td ($438.0 ) Tj ET Q q 0 0 0 rg BT 533.12 478.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (and ) Tj ET Q q 0 0 0 rg BT 67.12 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 82.01 466.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 113.01 466.10 Td (carried ) Tj ET Q q 0 0 0 rg BT 143.44 466.10 Td (an ) Tj ET Q q 0 0 0 rg BT 155.56 466.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 187.67 466.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 205.33 466.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.34 466.10 Td (4.13%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.17 466.10 Td (. ) Tj ET Q q 0 0 0 rg BT 247.35 466.10 Td (During ) Tj ET Q q 0 0 0 rg BT 278.36 466.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.25 466.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.24 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 315.92 466.10 Td (months ) Tj ET Q q 0 0 0 rg BT 348.04 466.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.60 466.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 418.38 466.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.38 466.10 Td (, ) Tj ET Q q 0 0 0 rg BT 443.55 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 458.45 466.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 500.01 466.10 Td (drew ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.68 466.10 Td (zero) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.89 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 542.57 466.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (its ) Tj ET Q q 0 0 0 rg BT 62.08 454.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 103.03 454.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 128.42 454.10 Td (facility) Tj ET Q q 0 0 0 rg BT 156.09 454.10 Td (. ) Tj ET Q q 0 0 0 rg BT 161.03 454.10 Td (The ) Tj ET Q q 0 0 0 rg BT 179.21 454.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 220.16 454.10 Td (line ) Tj ET Q q 0 0 0 rg BT 237.78 454.10 Td (of ) Tj ET Q q 0 0 0 rg BT 248.74 454.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 274.13 454.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 307.30 454.10 Td (is ) Tj ET Q q 0 0 0 rg BT 316.59 454.10 Td (included ) Tj ET Q q 0 0 0 rg BT 353.66 454.10 Td (in ) Tj ET Q q 0 0 0 rg BT 364.06 454.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.91 454.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 420.97 454.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 460.81 454.10 Td (section ) Tj ET Q q 0 0 0 rg BT 491.77 454.10 Td (of ) Tj ET Q q 0 0 0 rg BT 502.73 454.10 Td (the ) Tj ET Q q 0 0 0 rg BT 517.57 454.10 Td (Condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 105.55 442.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 140.52 442.10 Td (Sheets. ) Tj ET Q q 0 0 0 rg BT 171.90 442.10 Td (During ) Tj ET Q q 0 0 0 rg BT 203.00 442.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.99 442.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.98 442.10 Td ( ) Tj ET Q q 0 0 0 rg BT 240.75 442.10 Td (months ) Tj ET Q q 0 0 0 rg BT 272.97 442.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.62 442.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 343.49 442.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.49 442.10 Td (, ) Tj ET Q q 0 0 0 rg BT 368.76 442.10 Td (the ) Tj ET Q q 0 0 0 rg BT 383.75 442.10 Td (average ) Tj ET Q q 0 0 0 rg BT 417.61 442.10 Td (and ) Tj ET Q q 0 0 0 rg BT 434.82 442.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 478.15 442.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 527.58 442.10 Td (balances ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.75 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 77.38 430.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 119.13 430.10 Td (line ) Tj ET Q q 0 0 0 rg BT 137.54 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.29 430.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 175.47 430.10 Td (component ) Tj ET Q q 0 0 0 rg BT 223.32 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 235.07 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 250.70 430.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 276.88 430.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 308.62 430.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.47 430.10 Td ($438.0 ) Tj ET Q q 0 0 0 rg BT 362.39 430.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.28 430.10 Td (, ) Tj ET Q q 0 0 0 rg BT 397.20 430.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 444.86 430.10 Td (. ) Tj ET Q q 0 0 0 rg BT 450.02 430.10 Td (At ) Tj ET Q q 0 0 0 rg BT 463.44 430.10 Td (December ) Tj ET Q q 0 0 0 rg BT 507.94 430.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 523.86 430.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 549.78 430.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 99.70 418.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 133.27 418.10 Td (on ) Tj ET Q q 0 0 0 rg BT 146.31 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 161.57 418.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 202.93 418.10 Td (line ) Tj ET Q q 0 0 0 rg BT 220.97 418.10 Td (of ) Tj ET Q q 0 0 0 rg BT 232.33 418.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 258.14 418.10 Td (with ) Tj ET Q q 0 0 0 rg BT 278.95 418.10 Td (Regions ) Tj ET Q q 0 0 0 rg BT 314.77 418.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.36 418.10 Td ($438.0 ) Tj ET Q q 0 0 0 rg BT 363.90 418.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.79 418.10 Td ( ) Tj ET Q q 0 0 0 rg BT 395.83 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 413.31 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 428.56 418.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 459.92 418.10 Td (carried ) Tj ET Q q 0 0 0 rg BT 490.71 418.10 Td (an ) Tj ET Q q 0 0 0 rg BT 503.19 418.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 535.66 418.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 553.69 418.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (4.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 406.10 Td (. ) Tj ET Q q 0 0 0 rg BT 80.03 406.10 Td (This ) Tj ET Q q 0 0 0 rg BT 99.64 406.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 132.01 406.10 Td (was ) Tj ET Q q 0 0 0 rg BT 149.39 406.10 Td (included ) Tj ET Q q 0 0 0 rg BT 185.66 406.10 Td (in ) Tj ET Q q 0 0 0 rg BT 195.27 406.10 Td (the ) Tj ET Q q 0 0 0 rg BT 209.32 406.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 250.58 406.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 289.63 406.10 Td (section ) Tj ET Q q 0 0 0 rg BT 319.79 406.10 Td (of ) Tj ET Q q 0 0 0 rg BT 329.95 406.10 Td (the ) Tj ET Q q 0 0 0 rg BT 344.00 406.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 390.27 406.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 444.88 406.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 478.91 406.10 Td (Sheets. ) Tj ET Q q 0 0 0 rg BT 509.35 406.10 Td (During ) Tj ET Q q 0 0 0 rg BT 539.52 406.10 Td (2019, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.70 394.10 Td (average ) Tj ET Q q 0 0 0 rg BT 96.26 394.10 Td (and ) Tj ET Q q 0 0 0 rg BT 112.19 394.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 154.22 394.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 202.37 394.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 238.27 394.10 Td (on ) Tj ET Q q 0 0 0 rg BT 249.75 394.10 Td (the ) Tj ET Q q 0 0 0 rg BT 263.45 394.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 303.26 394.10 Td (line ) Tj ET Q q 0 0 0 rg BT 319.74 394.10 Td (of ) Tj ET Q q 0 0 0 rg BT 329.55 394.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 353.79 394.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.70 394.10 Td ($437.2 ) Tj ET Q q 0 0 0 rg BT 403.69 394.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.58 394.10 Td ( ) Tj ET Q q 0 0 0 rg BT 434.06 394.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.98 394.10 Td ($438.0 ) Tj ET Q q 0 0 0 rg BT 478.96 394.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.85 394.10 Td (, ) Tj ET Q q 0 0 0 rg BT 511.84 394.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 559.50 394.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 370.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.63 370.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 142.36 370.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.36 370.10 Td (, ) Tj ET Q q 0 0 0 rg BT 167.49 370.10 Td (the ) Tj ET Q q 0 0 0 rg BT 182.33 370.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 231.63 370.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 264.79 370.10 Td (on ) Tj ET Q q 0 0 0 rg BT 277.42 370.10 Td (the ) Tj ET Q q 0 0 0 rg BT 292.26 370.10 Td (term ) Tj ET Q q 0 0 0 rg BT 313.22 370.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 333.07 370.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.25 370.10 Td ($272.4 ) Tj ET Q q 0 0 0 rg BT 381.38 370.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.27 370.10 Td (, ) Tj ET Q q 0 0 0 rg BT 415.40 370.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.36 370.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.42 370.10 Td ($22.6 ) Tj ET Q q 0 0 0 rg BT 478.55 370.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.45 370.10 Td ( ) Tj ET Q q 0 0 0 rg BT 510.07 370.10 Td (is ) Tj ET Q q 0 0 0 rg BT 519.37 370.10 Td (due ) Tj ET Q q 0 0 0 rg BT 536.44 370.10 Td (within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.96 358.10 Td (next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.92 358.10 Td (twelve ) Tj ET Q q 0 0 0 rg BT 114.31 358.10 Td (months) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.76 358.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.00 358.10 Td ($3.8 ) Tj ET Q q 0 0 0 rg BT 169.24 358.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.13 358.10 Td ( ) Tj ET Q q 0 0 0 rg BT 200.87 358.10 Td (of ) Tj ET Q q 0 0 0 rg BT 211.94 358.10 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 254.67 358.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 307.95 358.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 349.01 358.10 Td (were ) Tj ET Q q 0 0 0 rg BT 371.18 358.10 Td (made ) Tj ET Q q 0 0 0 rg BT 395.58 358.10 Td (during ) Tj ET Q q 0 0 0 rg BT 424.43 358.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.39 358.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.37 358.10 Td ( ) Tj ET Q q 0 0 0 rg BT 462.11 358.10 Td (months ) Tj ET Q q 0 0 0 rg BT 494.30 358.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.92 358.10 Td (March31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 346.10 Td (. ) Tj ET Q q 0 0 0 rg BT 74.97 346.10 Td (This ) Tj ET Q q 0 0 0 rg BT 95.41 346.10 Td (term ) Tj ET Q q 0 0 0 rg BT 116.39 346.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 136.27 346.10 Td (also ) Tj ET Q q 0 0 0 rg BT 155.04 346.10 Td (carried ) Tj ET Q q 0 0 0 rg BT 185.45 346.10 Td (an ) Tj ET Q q 0 0 0 rg BT 197.55 346.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 229.64 346.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 247.29 346.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.28 346.10 Td (4.13%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.11 346.10 Td ( ) Tj ET Q q 0 0 0 rg BT 286.77 346.10 Td (. ) Tj ET Q q 0 0 0 rg BT 291.74 346.10 Td (The ) Tj ET Q q 0 0 0 rg BT 309.94 346.10 Td (current ) Tj ET Q q 0 0 0 rg BT 340.92 346.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.02 346.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 400.11 346.10 Td (portions ) Tj ET Q q 0 0 0 rg BT 435.55 346.10 Td (of ) Tj ET Q q 0 0 0 rg BT 446.54 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 461.42 346.10 Td (term ) Tj ET Q q 0 0 0 rg BT 482.40 346.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 502.28 346.10 Td (are ) Tj ET Q q 0 0 0 rg BT 517.15 346.10 Td (included ) Tj ET Q q 0 0 0 rg BT 554.24 346.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.89 334.10 Td (respective ) Tj ET Q q 0 0 0 rg BT 108.10 334.10 Td (current ) Tj ET Q q 0 0 0 rg BT 139.09 334.10 Td (and ) Tj ET Q q 0 0 0 rg BT 156.21 334.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 198.32 334.10 Td (sections ) Tj ET Q q 0 0 0 rg BT 233.21 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 244.21 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 259.11 334.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 306.22 334.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 361.67 334.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 396.55 334.10 Td (Sheets, ) Tj ET Q q 0 0 0 rg BT 427.83 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 442.72 334.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 479.29 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 490.29 334.10 Td (which ) Tj ET Q q 0 0 0 rg BT 517.41 334.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.51 334.10 Td ($22.6 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 322.10 Td ( ) Tj ET Q q 0 0 0 rg BT 81.12 322.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.79 322.10 Td ($249.8 ) Tj ET Q q 0 0 0 rg BT 127.52 322.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.41 322.10 Td (, ) Tj ET Q q 0 0 0 rg BT 161.14 322.10 Td (respectively ) Tj ET Q q 0 0 0 rg BT 211.68 322.10 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.12 322.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 264.45 322.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.45 322.10 Td (. ) Tj ET Q q 0 0 0 rg BT 288.69 322.10 Td (At ) Tj ET Q q 0 0 0 rg BT 300.92 322.10 Td (December ) Tj ET Q q 0 0 0 rg BT 344.23 322.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 358.96 322.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 383.69 322.10 Td (the ) Tj ET Q q 0 0 0 rg BT 398.13 322.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 447.03 322.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 479.79 322.10 Td (on ) Tj ET Q q 0 0 0 rg BT 492.02 322.10 Td (the ) Tj ET Q q 0 0 0 rg BT 506.46 322.10 Td (term ) Tj ET Q q 0 0 0 rg BT 527.02 322.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 546.46 322.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td ($276.2 ) Tj ET Q q 0 0 0 rg BT 80.00 310.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.89 310.10 Td (, ) Tj ET Q q 0 0 0 rg BT 113.89 310.10 Td (of ) Tj ET Q q 0 0 0 rg BT 124.72 310.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.66 310.10 Td ($20.7 ) Tj ET Q q 0 0 0 rg BT 176.66 310.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.55 310.10 Td ( ) Tj ET Q q 0 0 0 rg BT 208.05 310.10 Td (was ) Tj ET Q q 0 0 0 rg BT 226.10 310.10 Td (due ) Tj ET Q q 0 0 0 rg BT 243.04 310.10 Td (within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.10 310.10 Td (twelve ) Tj ET Q q 0 0 0 rg BT 300.25 310.10 Td (months) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.70 310.10 Td (. ) Tj ET Q q 0 0 0 rg BT 334.52 310.10 Td (This ) Tj ET Q q 0 0 0 rg BT 354.80 310.10 Td (term ) Tj ET Q q 0 0 0 rg BT 375.63 310.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 395.34 310.10 Td (also ) Tj ET Q q 0 0 0 rg BT 413.95 310.10 Td (carried ) Tj ET Q q 0 0 0 rg BT 444.20 310.10 Td (an ) Tj ET Q q 0 0 0 rg BT 456.14 310.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 488.08 310.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 505.56 310.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.39 310.10 Td (4.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.22 310.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 286.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.98 286.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.30 286.10 Td (maintains ) Tj ET Q q 0 0 0 rg BT 186.61 286.10 Td (working ) Tj ET Q q 0 0 0 rg BT 222.37 286.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 251.45 286.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 271.10 286.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 307.96 286.10 Td (with ) Tj ET Q q 0 0 0 rg BT 328.17 286.10 Td (banks ) Tj ET Q q 0 0 0 rg BT 353.93 286.10 Td (in ) Tj ET Q q 0 0 0 rg BT 364.14 286.10 Td (India ) Tj ET Q q 0 0 0 rg BT 387.12 286.10 Td (for ) Tj ET Q q 0 0 0 rg BT 401.21 286.10 Td (working ) Tj ET Q q 0 0 0 rg BT 436.98 286.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 466.06 286.10 Td (funding ) Tj ET Q q 0 0 0 rg BT 499.60 286.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 554.23 286.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (support ) Tj ET Q q 0 0 0 rg BT 83.51 274.10 Td (our ) Tj ET Q q 0 0 0 rg BT 100.35 274.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 132.73 274.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 173.99 274.10 Td (and ) Tj ET Q q 0 0 0 rg BT 191.94 274.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 229.88 274.10 Td (remittance ) Tj ET Q q 0 0 0 rg BT 275.59 274.10 Td (businesses. ) Tj ET Q q 0 0 0 rg BT 323.56 274.10 Td (W) Tj ET Q q 0 0 0 rg BT 332.20 274.10 Td (e ) Tj ET Q q 0 0 0 rg BT 340.15 274.10 Td (are ) Tj ET Q q 0 0 0 rg BT 355.86 274.10 Td (required ) Tj ET Q q 0 0 0 rg BT 392.69 274.10 Td (to ) Tj ET Q q 0 0 0 rg BT 403.98 274.10 Td (extend ) Tj ET Q q 0 0 0 rg BT 434.14 274.10 Td (short ) Tj ET Q q 0 0 0 rg BT 457.65 274.10 Td (term ) Tj ET Q q 0 0 0 rg BT 479.48 274.10 Td (credits ) Tj ET Q q 0 0 0 rg BT 509.64 274.10 Td (to ) Tj ET Q q 0 0 0 rg BT 520.93 274.10 Td (franchisee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (networks ) Tj ET Q q 0 0 0 rg BT 88.68 262.10 Td (\(B2B\) ) Tj ET Q q 0 0 0 rg BT 115.70 262.10 Td (and ) Tj ET Q q 0 0 0 rg BT 132.16 262.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 171.93 262.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 216.56 262.10 Td (Additionally ) Tj ET Q q 0 0 0 rg BT 269.13 262.10 Td (we ) Tj ET Q q 0 0 0 rg BT 282.81 262.10 Td (are ) Tj ET Q q 0 0 0 rg BT 297.04 262.10 Td (required ) Tj ET Q q 0 0 0 rg BT 332.37 262.10 Td (to ) Tj ET Q q 0 0 0 rg BT 342.17 262.10 Td (maintain ) Tj ET Q q 0 0 0 rg BT 379.18 262.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 420.09 262.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 445.44 262.10 Td (of ) Tj ET Q q 0 0 0 rg BT 455.79 262.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 486.69 262.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 523.68 262.10 Td (inventory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (across ) Tj ET Q q 0 0 0 rg BT 78.55 250.10 Td (branches ) Tj ET Q q 0 0 0 rg BT 117.65 250.10 Td (and ) Tj ET Q q 0 0 0 rg BT 135.66 250.10 Td (airport ) Tj ET Q q 0 0 0 rg BT 165.88 250.10 Td (operations.) Tj ET Q q 0 0 0 rg BT 212.35 250.10 Td (T) Tj ET Q q 0 0 0 rg BT 217.76 250.10 Td (ypically) Tj ET Q q 0 0 0 rg BT 249.32 250.10 Td (, ) Tj ET Q q 0 0 0 rg BT 255.39 250.10 Td (these ) Tj ET Q q 0 0 0 rg BT 279.50 250.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 317.49 250.10 Td (carry ) Tj ET Q q 0 0 0 rg BT 341.59 250.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 374.59 250.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 397.03 250.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.92 250.10 Td (6.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.75 250.10 Td ( ) Tj ET Q q 0 0 0 rg BT 438.31 250.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.66 250.10 Td (9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.99 250.10 Td (, ) Tj ET Q q 0 0 0 rg BT 469.05 250.10 Td (are ) Tj ET Q q 0 0 0 rg BT 484.82 250.10 Td (rupee-denominated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (working ) Tj ET Q q 0 0 0 rg BT 86.16 238.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 115.64 238.10 Td (lines, ) Tj ET Q q 0 0 0 rg BT 139.85 238.10 Td (and ) Tj ET Q q 0 0 0 rg BT 157.12 238.10 Td (are ) Tj ET Q q 0 0 0 rg BT 172.16 238.10 Td (collateralized ) Tj ET Q q 0 0 0 rg BT 228.84 238.10 Td (against ) Tj ET Q q 0 0 0 rg BT 259.99 238.10 Td (the ) Tj ET Q q 0 0 0 rg BT 275.04 238.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 322.84 238.10 Td (of ) Tj ET Q q 0 0 0 rg BT 333.99 238.10 Td (these ) Tj ET Q q 0 0 0 rg BT 357.37 238.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 402.42 238.10 Td (and ) Tj ET Q q 0 0 0 rg BT 419.69 238.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 454.18 238.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 485.89 238.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 523.69 238.10 Td (inventory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.50 226.10 Td (hand.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 200.90 Td (As ) Tj ET Q q 0 0 0 rg BT 99.89 200.90 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.00 200.90 Td (March31, ) Tj ET Q q 0 0 0 rg BT 154.88 200.90 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.88 200.90 Td ( ) Tj ET Q q 0 0 0 rg BT 177.66 200.90 Td (and ) Tj ET Q q 0 0 0 rg BT 194.87 200.90 Td (December ) Tj ET Q q 0 0 0 rg BT 238.73 200.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 254.01 200.90 Td (2019, ) Tj ET Q q 0 0 0 rg BT 279.29 200.90 Td (the ) Tj ET Q q 0 0 0 rg BT 294.29 200.90 Td (total ) Tj ET Q q 0 0 0 rg BT 314.84 200.90 Td (of ) Tj ET Q q 0 0 0 rg BT 325.95 200.90 Td (these ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.12941176470588237 0.12941176470588237 0.12941176470588237 rg BT 349.27 200.90 Td (working ) Tj ET Q q 0.12941176470588237 0.12941176470588237 0.12941176470588237 rg BT 385.38 200.90 Td (capital ) Tj ET Q q 0.12941176470588237 0.12941176470588237 0.12941176470588237 rg BT 414.81 200.90 Td (facilities) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 449.24 200.90 Td ( ) Tj ET Q q 0 0 0 rg BT 452.02 200.90 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.35 200.90 Td ($2.7 ) Tj ET Q q 0 0 0 rg BT 490.62 200.90 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.52 200.90 Td ( ) Tj ET Q q 0 0 0 rg BT 522.29 200.90 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.51 200.90 Td ($28.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.90 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 188.90 Td (, ) Tj ET Q q 0 0 0 rg BT 83.89 188.90 Td (respectively) Tj ET Q q 0 0 0 rg BT 131.55 188.90 Td (, ) Tj ET Q q 0 0 0 rg BT 136.55 188.90 Td (and ) Tj ET Q q 0 0 0 rg BT 153.49 188.90 Td (is ) Tj ET Q q 0 0 0 rg BT 162.66 188.90 Td (included ) Tj ET Q q 0 0 0 rg BT 199.59 188.90 Td (in ) Tj ET Q q 0 0 0 rg BT 209.87 188.90 Td (current ) Tj ET Q q 0 0 0 rg BT 240.69 188.90 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 280.41 188.90 Td (in ) Tj ET Q q 0 0 0 rg BT 290.68 188.90 Td (the ) Tj ET Q q 0 0 0 rg BT 305.40 188.90 Td (Company's ) Tj ET Q q 0 0 0 rg BT 352.48 188.90 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 399.42 188.90 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 454.69 188.90 Td (Balance ) Tj ET Q q 0 0 0 rg BT 489.39 188.90 Td (Sheets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.90 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 149.90 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 149.90 Td (5: ) Tj ET Q q 0 0 0 rg BT 83.32 149.90 Td (Commitments ) Tj ET Q q 0 0 0 rg BT 146.36 149.90 Td (and ) Tj ET Q q 0 0 0 rg BT 164.99 149.90 Td (Contingencies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 127.90 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 127.90 Td (Contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 127.90 Td ( ) Tj ET Q q 0 0 0 rg BT 157.52 127.90 Td (As ) Tj ET Q q 0 0 0 rg BT 170.59 127.90 Td (the ) Tj ET Q q 0 0 0 rg BT 184.76 127.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 225.60 127.90 Td (previously ) Tj ET Q q 0 0 0 rg BT 269.77 127.90 Td (disclosed, ) Tj ET Q q 0 0 0 rg BT 311.44 127.90 Td (in ) Tj ET Q q 0 0 0 rg BT 321.17 127.90 Td (May ) Tj ET Q q 0 0 0 rg BT 341.45 127.90 Td (2013, ) Tj ET Q q 0 0 0 rg BT 365.91 127.90 Td (twelve ) Tj ET Q q 0 0 0 rg BT 394.51 127.90 Td (putative ) Tj ET Q q 0 0 0 rg BT 428.68 127.90 Td (class ) Tj ET Q q 0 0 0 rg BT 450.07 127.90 Td (action ) Tj ET Q q 0 0 0 rg BT 476.46 127.90 Td (complaints ) Tj ET Q q 0 0 0 rg BT 522.29 127.90 Td (were ) Tj ET Q q 0 0 0 rg BT 543.67 127.90 Td (filed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 115.90 Td (in ) Tj ET Q q 0 0 0 rg BT 60.59 115.90 Td (the ) Tj ET Q q 0 0 0 rg BT 75.62 115.90 Td (Delaware ) Tj ET Q q 0 0 0 rg BT 116.74 115.90 Td (Court ) Tj ET Q q 0 0 0 rg BT 142.33 115.90 Td (of ) Tj ET Q q 0 0 0 rg BT 153.48 115.90 Td (Chancery ) Tj ET Q q 0 0 0 rg BT 194.61 115.90 Td (against ) Tj ET Q q 0 0 0 rg BT 225.75 115.90 Td (the ) Tj ET Q q 0 0 0 rg BT 240.78 115.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 282.48 115.90 Td (and ) Tj ET Q q 0 0 0 rg BT 299.73 115.90 Td (its ) Tj ET Q q 0 0 0 rg BT 311.99 115.90 Td (board ) Tj ET Q q 0 0 0 rg BT 337.58 115.90 Td (of ) Tj ET Q q 0 0 0 rg BT 348.72 115.90 Td (directors ) Tj ET Q q 0 0 0 rg BT 386.52 115.90 Td (challenging ) Tj ET Q q 0 0 0 rg BT 435.98 115.90 Td (a ) Tj ET Q q 0 0 0 rg BT 443.24 115.90 Td (proposed ) Tj ET Q q 0 0 0 rg BT 482.71 115.90 Td (mer) Tj ET Q q 0 0 0 rg BT 498.08 115.90 Td (ger ) Tj ET Q q 0 0 0 rg BT 513.66 115.90 Td (between ) Tj ET Q q 0 0 0 rg BT 549.79 115.90 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 103.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 90.36 103.90 Td (and ) Tj ET Q q 0 0 0 rg BT 106.27 103.90 Td (an ) Tj ET Q q 0 0 0 rg BT 117.18 103.90 Td (af) Tj ET Q q 0 0 0 rg BT 124.77 103.90 Td (filiate ) Tj ET Q q 0 0 0 rg BT 149.57 103.90 Td (of ) Tj ET Q q 0 0 0 rg BT 159.37 103.90 Td (Goldman ) Tj ET Q q 0 0 0 rg BT 198.06 103.90 Td (Sachs ) Tj ET Q q 0 0 0 rg BT 222.86 103.90 Td (& ) Tj ET Q q 0 0 0 rg BT 232.12 103.90 Td (Co. ) Tj ET Q q 0 0 0 rg BT 250.26 103.90 Td (On ) Tj ET Q q 0 0 0 rg BT 263.96 103.90 Td (June ) Tj ET Q q 0 0 0 rg BT 283.76 103.90 Td (10, ) Tj ET Q q 0 0 0 rg BT 297.73 103.90 Td (2013, ) Tj ET Q q 0 0 0 rg BT 321.71 103.90 Td (the ) Tj 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634.10 Td (arising ) Tj ET Q q 0 0 0 rg BT 386.79 634.10 Td (in ) Tj ET Q q 0 0 0 rg BT 397.18 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 412.02 634.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 448.51 634.10 Td (course ) Tj ET Q q 0 0 0 rg BT 477.23 634.10 Td (of ) Tj ET Q q 0 0 0 rg BT 488.17 634.10 Td (business, ) Tj ET Q q 0 0 0 rg BT 527.18 634.10 Td (which ) Tj ET Q q 0 0 0 rg BT 554.24 634.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.82 622.10 Td (opinion ) Tj ET Q q 0 0 0 rg BT 95.98 622.10 Td (of ) Tj ET Q q 0 0 0 rg BT 105.91 622.10 Td (management, ) Tj ET Q q 0 0 0 rg BT 161.10 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 174.92 622.10 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 209.30 622.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 233.67 622.10 Td (disposition ) Tj ET Q q 0 0 0 rg BT 279.17 622.10 Td (of ) Tj ET Q q 0 0 0 rg BT 289.10 622.10 Td (these ) Tj ET Q q 0 0 0 rg BT 311.25 622.10 Td (matters ) Tj ET Q q 0 0 0 rg BT 342.29 622.10 Td (will ) Tj ET Q q 0 0 0 rg BT 359.45 622.10 Td (not ) Tj ET Q q 0 0 0 rg BT 373.83 622.10 Td (have ) Tj ET Q q 0 0 0 rg BT 394.31 622.10 Td (a ) Tj ET Q q 0 0 0 rg BT 400.35 622.10 Td (material ) Tj ET Q q 0 0 0 rg BT 434.72 622.10 Td (adverse ) Tj ET Q q 0 0 0 rg BT 466.86 622.10 Td (ef) Tj ET Q q 0 0 0 rg BT 474.44 622.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 491.03 622.10 Td (on ) Tj ET Q q 0 0 0 rg BT 502.64 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 516.46 622.10 Td (Company) Tj ET Q q 0 0 0 rg BT 558.12 622.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 103.04 610.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 140.52 610.10 Td (position, ) Tj ET Q q 0 0 0 rg BT 177.75 610.10 Td (results ) Tj ET Q q 0 0 0 rg BT 206.36 610.10 Td (of ) Tj ET Q q 0 0 0 rg BT 217.19 610.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 261.34 610.10 Td (or ) Tj ET Q q 0 0 0 rg BT 272.17 610.10 Td (liquidity) Tj ET Q q 0 0 0 rg BT 305.42 610.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 586.10 Td (Business ) Tj ET Q q 0 0 0 rg BT 124.11 586.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 174.85 586.10 Td (Earn-Out ) Tj ET Q q 0 0 0 rg BT 218.36 586.10 Td (Contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.36 586.10 Td (A) Tj ET Q q 0 0 0 rg BT 295.03 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 296.86 586.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 340.91 586.10 Td (component ) Tj ET Q q 0 0 0 rg BT 387.18 586.10 Td (of ) Tj ET Q q 0 0 0 rg BT 397.34 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 411.39 586.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 448.76 586.10 Td (price ) Tj ET Q q 0 0 0 rg BT 470.58 586.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 526.29 586.10 Td (for ) Tj ET Q q 0 0 0 rg BT 539.79 586.10 Td (many ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 59.95 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 73.79 574.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 119.99 574.10 Td (business ) Tj ET Q q 0 0 0 rg BT 155.50 574.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 204.89 574.10 Td (is ) Tj ET Q q 0 0 0 rg BT 213.18 574.10 Td (a ) Tj ET Q q 0 0 0 rg BT 219.24 574.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 255.85 574.10 Td (future ) Tj ET Q q 0 0 0 rg BT 281.35 574.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 300.74 574.10 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 335.67 574.10 Td (based ) Tj ET Q q 0 0 0 rg BT 360.06 574.10 Td (on ) Tj ET Q q 0 0 0 rg BT 371.68 574.10 Td (reaching ) Tj ET Q q 0 0 0 rg BT 407.73 574.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 436.55 574.10 Td (specified ) Tj ET Q q 0 0 0 rg BT 474.26 574.10 Td (future ) Tj ET Q q 0 0 0 rg BT 499.76 574.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 533.02 574.10 Td (tar) Tj ET Q q 0 0 0 rg BT 543.39 574.10 Td (gets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.77 562.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 94.20 562.10 Td (for ) Tj ET Q q 0 0 0 rg BT 109.08 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 124.52 562.10 Td (contingent ) Tj ET Q q 0 0 0 rg BT 169.95 562.10 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 206.49 562.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 248.03 562.10 Td (in ) Tj ET Q q 0 0 0 rg BT 259.03 562.10 Td (most ) Tj ET Q q 0 0 0 rg BT 281.70 562.10 Td (of ) Tj ET Q q 0 0 0 rg BT 293.25 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.69 562.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 356.49 562.10 Td (business ) Tj ET Q q 0 0 0 rg BT 393.60 562.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 444.59 562.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 482.81 562.10 Td (address ) Tj ET Q q 0 0 0 rg BT 516.02 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 531.45 562.10 Td (GAAP- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (recognizable ) Tj ET Q q 0 0 0 rg BT 103.28 550.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 141.02 550.10 Td (achieved ) Tj ET Q q 0 0 0 rg BT 178.75 550.10 Td (by ) Tj ET Q q 0 0 0 rg BT 190.96 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 205.38 550.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 242.00 550.10 Td (entity ) Tj ET Q q 0 0 0 rg BT 266.98 550.10 Td (over ) Tj ET Q q 0 0 0 rg BT 286.95 550.10 Td (a ) Tj ET Q q 0 0 0 rg BT 293.59 550.10 Td (one-, ) Tj ET Q q 0 0 0 rg BT 316.06 550.10 Td (two-, ) Tj ET Q q 0 0 0 rg BT 339.09 550.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 366.84 550.10 Td (three-year ) Tj ET Q q 0 0 0 rg BT 409.57 550.10 Td (period ) Tj ET Q q 0 0 0 rg BT 437.31 550.10 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 483.96 550.10 Td (to ) Tj ET Q q 0 0 0 rg BT 493.94 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 508.35 550.10 Td (ef) Tj ET Q q 0 0 0 rg BT 515.94 550.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 545.35 550.10 Td (date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.96 538.10 Td (their ) Tj ET Q q 0 0 0 rg BT 81.92 538.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 128.43 538.10 Td (by ) Tj ET Q q 0 0 0 rg BT 141.06 538.10 Td (Ebix. ) Tj ET Q q 0 0 0 rg BT 164.89 538.10 Td (These ) Tj ET Q q 0 0 0 rg BT 191.40 538.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 216.25 538.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 253.87 538.10 Td (establish ) Tj ET Q q 0 0 0 rg BT 291.50 538.10 Td (a ) Tj ET Q q 0 0 0 rg BT 298.57 538.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 340.09 538.10 Td (threshold ) Tj ET Q q 0 0 0 rg BT 379.94 538.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 414.22 538.10 Td (tar) Tj ET Q q 0 0 0 rg BT 424.58 538.10 Td (get, ) Tj ET Q q 0 0 0 rg BT 441.93 538.10 Td (with ) Tj ET Q q 0 0 0 rg BT 462.34 538.10 Td (achievement ) Tj ET Q q 0 0 0 rg BT 515.50 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 526.46 538.10 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 96.23 526.10 Td (over ) Tj ET Q q 0 0 0 rg BT 116.36 526.10 Td (that ) Tj ET Q q 0 0 0 rg BT 133.72 526.10 Td (tar) Tj ET Q q 0 0 0 rg BT 144.08 526.10 Td (get ) Tj ET Q q 0 0 0 rg BT 158.66 526.10 Td (being ) Tj ET Q q 0 0 0 rg BT 183.24 526.10 Td (awarded ) Tj ET Q q 0 0 0 rg BT 219.47 526.10 Td (in ) Tj ET Q q 0 0 0 rg BT 229.61 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 244.19 526.10 Td (form ) Tj ET Q q 0 0 0 rg BT 266.00 526.10 Td (of ) Tj ET Q q 0 0 0 rg BT 276.69 526.10 Td (a ) Tj ET Q q 0 0 0 rg BT 283.49 526.10 Td (specified ) Tj ET Q q 0 0 0 rg BT 321.95 526.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 342.08 526.10 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 377.76 526.10 Td (payment. ) Tj ET Q q 0 0 0 rg BT 416.88 526.10 Td (The ) Tj ET Q q 0 0 0 rg BT 434.79 526.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 476.04 526.10 Td (applies ) Tj ET Q q 0 0 0 rg BT 506.73 526.10 Td (these ) Tj ET Q q 0 0 0 rg BT 529.64 526.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 554.22 526.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (its ) Tj ET Q q 0 0 0 rg BT 61.84 514.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 108.11 514.10 Td (and ) Tj ET Q q 0 0 0 rg BT 124.94 514.10 Td (determination ) Tj ET Q q 0 0 0 rg BT 182.87 514.10 Td (of ) Tj ET Q q 0 0 0 rg BT 193.60 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.21 514.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 224.48 514.10 Td (value ) Tj ET Q q 0 0 0 rg BT 248.53 514.10 Td (of ) Tj ET Q q 0 0 0 rg BT 259.26 514.10 Td (contingent ) Tj ET Q q 0 0 0 rg BT 303.86 514.10 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 339.57 514.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 379.18 514.10 Td (for ) Tj ET Q q 0 0 0 rg BT 393.24 514.10 Td (purchased ) Tj ET Q q 0 0 0 rg BT 436.17 514.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 480.79 514.10 Td (as ) Tj ET Q q 0 0 0 rg BT 491.51 514.10 Td (part ) Tj ET Q q 0 0 0 rg BT 509.46 514.10 Td (of ) Tj ET Q q 0 0 0 rg BT 520.18 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 534.79 514.10 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 89.86 502.10 Td (and ) Tj ET Q q 0 0 0 rg BT 106.94 502.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 145.13 502.10 Td (price ) Tj ET Q q 0 0 0 rg BT 167.76 502.10 Td (allocation ) Tj ET Q q 0 0 0 rg BT 209.83 502.10 Td (exercise ) Tj ET Q q 0 0 0 rg BT 245.23 502.10 Td (for ) Tj ET Q q 0 0 0 rg BT 259.54 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 274.40 502.10 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 334.26 502.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 371.33 502.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 397.30 502.10 Td (and ) Tj ET Q q 0 0 0 rg BT 414.39 502.10 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 456.17 502.10 Td (As ) Tj ET Q q 0 0 0 rg BT 469.93 502.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.91 502.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 524.65 502.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.65 502.10 Td (, ) Tj ET Q q 0 0 0 rg BT 549.80 502.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (total ) Tj ET Q q 0 0 0 rg BT 70.17 490.10 Td (of ) Tj ET Q q 0 0 0 rg BT 80.89 490.10 Td (these ) Tj ET Q q 0 0 0 rg BT 103.84 490.10 Td (contingent ) Tj ET Q q 0 0 0 rg BT 148.44 490.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 188.05 490.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.00 490.10 Td ($9.5 ) Tj ET Q q 0 0 0 rg BT 225.90 490.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.79 490.10 Td (, ) Tj ET Q q 0 0 0 rg BT 259.68 490.10 Td (of ) Tj ET Q q 0 0 0 rg BT 270.41 490.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.24 490.10 Td ($1.4 ) Tj ET Q q 0 0 0 rg BT 317.14 490.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.03 490.10 Td ( ) Tj ET Q q 0 0 0 rg BT 348.42 490.10 Td (is ) Tj ET Q q 0 0 0 rg BT 357.49 490.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 393.20 490.10 Td (in ) Tj ET Q q 0 0 0 rg BT 403.37 490.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 445.20 490.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 487.31 490.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 490.10 Td ($8.1 ) Tj ET Q q 0 0 0 rg BT 524.04 490.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.93 490.10 Td ( ) Tj ET Q q 0 0 0 rg BT 555.33 490.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (included ) Tj ET Q q 0 0 0 rg BT 87.37 478.10 Td (in ) Tj ET Q q 0 0 0 rg BT 98.08 478.10 Td (current ) Tj ET Q q 0 0 0 rg BT 129.32 478.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 169.47 478.10 Td (in ) Tj ET Q q 0 0 0 rg BT 180.18 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 195.33 478.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 242.84 478.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 290.21 478.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 345.92 478.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 381.05 478.10 Td (Sheet. ) Tj ET Q q 0 0 0 rg BT 408.06 478.10 Td (As ) Tj ET Q q 0 0 0 rg BT 422.10 478.10 Td (of ) Tj ET Q q 0 0 0 rg BT 433.36 478.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 492.38 478.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 517.81 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 532.96 478.10 Td (total ) Tj ET Q q 0 0 0 rg BT 553.67 478.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (these ) Tj ET Q q 0 0 0 rg BT 73.39 466.10 Td (contingent ) Tj ET Q q 0 0 0 rg BT 118.45 466.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 158.52 466.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.91 466.10 Td ($10.1 ) Tj ET Q q 0 0 0 rg BT 202.26 466.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.15 466.10 Td (, ) Tj ET Q q 0 0 0 rg BT 236.50 466.10 Td (of ) Tj ET Q q 0 0 0 rg BT 247.68 466.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.96 466.10 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 295.31 466.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.20 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 327.05 466.10 Td (was ) Tj ET Q q 0 0 0 rg BT 345.44 466.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 381.61 466.10 Td (in ) Tj ET Q q 0 0 0 rg BT 392.23 466.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 434.51 466.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 477.08 466.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.36 466.10 Td ($8.6 ) Tj ET Q q 0 0 0 rg BT 514.71 466.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.60 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 546.45 466.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (included ) Tj ET Q q 0 0 0 rg BT 86.93 454.10 Td (in ) Tj ET Q q 0 0 0 rg BT 97.21 454.10 Td (current ) Tj ET Q q 0 0 0 rg BT 128.03 454.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 167.74 454.10 Td (in ) Tj ET Q q 0 0 0 rg BT 178.02 454.10 Td (the ) Tj ET Q q 0 0 0 rg BT 192.74 454.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 239.82 454.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 286.76 454.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 342.03 454.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 376.73 454.10 Td (Sheet. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 418.10 Td (6: ) Tj ET Q q 0 0 0 rg BT 83.32 418.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 117.30 418.10 Td (T) Tj ET Q q 0 0 0 rg BT 123.05 418.10 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 396.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.79 396.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 144.91 396.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 182.13 396.10 Td (net ) Tj ET Q q 0 0 0 rg BT 196.59 396.10 Td (income ) Tj ET Q q 0 0 0 rg BT 228.26 396.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 242.72 396.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 277.17 396.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.74 396.10 Td ($1.3 ) Tj ET Q q 0 0 0 rg BT 307.48 396.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.37 396.10 Td ( ) Tj ET Q q 0 0 0 rg BT 338.61 396.10 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.94 396.10 Td (4.99%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.77 396.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 373.34 396.10 Td (during ) Tj ET Q q 0 0 0 rg BT 401.69 396.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.14 396.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.13 396.10 Td ( ) Tj ET Q q 0 0 0 rg BT 438.37 396.10 Td (months ) Tj ET Q q 0 0 0 rg BT 470.06 396.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.17 396.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 539.51 396.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.51 396.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.10 Td (which ) Tj ET Q q 0 0 0 rg BT 76.15 384.10 Td (included ) Tj ET Q q 0 0 0 rg BT 112.29 384.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 126.22 384.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 160.13 384.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.17 384.10 Td ($236 ) Tj ET Q q 0 0 0 rg BT 191.88 384.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.99 384.10 Td ( ) Tj ET Q q 0 0 0 rg BT 229.70 384.10 Td (from ) Tj ET Q q 0 0 0 rg BT 250.84 384.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 279.76 384.10 Td (discrete ) Tj ET Q q 0 0 0 rg BT 312.56 384.10 Td (items ) Tj ET Q q 0 0 0 rg BT 335.93 384.10 Td (related ) Tj ET Q q 0 0 0 rg BT 364.84 384.10 Td (to ) Tj ET Q q 0 0 0 rg BT 374.33 384.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 397.15 384.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 454.40 384.10 Td (and ) Tj ET Q q 0 0 0 rg BT 470.55 384.10 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 509.46 384.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 523.38 384.10 Td (positions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.27 372.10 Td (income ) Tj ET Q q 0 0 0 rg BT 100.43 372.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 115.38 372.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 152.81 372.10 Td (exclusive ) Tj ET Q q 0 0 0 rg BT 193.30 372.10 Td (of ) Tj ET Q q 0 0 0 rg BT 204.36 372.10 Td (discrete ) Tj ET Q q 0 0 0 rg BT 238.18 372.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 265.07 372.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.35 372.10 Td ($1.0 ) Tj ET Q q 0 0 0 rg BT 303.58 372.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.47 372.10 Td ( ) Tj ET Q q 0 0 0 rg BT 335.20 372.10 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.53 372.10 Td (4.07%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.36 372.10 Td (\) ) Tj ET Q q 0 0 0 rg BT 370.42 372.10 Td (during ) Tj ET Q q 0 0 0 rg BT 399.25 372.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.19 372.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.18 372.10 Td ( ) Tj ET Q q 0 0 0 rg BT 436.91 372.10 Td (months ) Tj ET Q q 0 0 0 rg BT 469.08 372.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.69 372.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 539.51 372.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.51 372.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.05 360.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 109.43 360.10 Td (expects ) Tj ET Q q 0 0 0 rg BT 141.92 360.10 Td (its ) Tj ET Q q 0 0 0 rg BT 153.87 360.10 Td (full ) Tj ET Q q 0 0 0 rg BT 170.25 360.10 Td (year ) Tj ET Q q 0 0 0 rg BT 189.96 360.10 Td (ef) Tj ET Q q 0 0 0 rg BT 197.55 360.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 227.25 360.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 241.97 360.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 259.45 360.10 Td (to ) Tj ET Q q 0 0 0 rg BT 269.73 360.10 Td (be ) Tj ET Q q 0 0 0 rg BT 281.67 360.10 Td (in ) Tj ET Q q 0 0 0 rg BT 291.95 360.10 Td (the ) Tj ET Q q 0 0 0 rg BT 306.67 360.10 Td (range ) Tj ET Q q 0 0 0 rg BT 331.37 360.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.20 360.10 Td (4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.53 360.10 Td ( ) Tj ET Q q 0 0 0 rg BT 358.03 360.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.31 360.10 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.64 360.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 340.10 Td (As ) Tj ET Q q 0 0 0 rg BT 99.74 340.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.69 340.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 154.41 340.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.41 340.10 Td ( ) Tj ET Q q 0 0 0 rg BT 177.04 340.10 Td (and ) Tj ET Q q 0 0 0 rg BT 194.10 340.10 Td (December ) Tj ET Q q 0 0 0 rg BT 237.81 340.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 252.93 340.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 275.55 340.10 Td (a ) Tj ET Q q 0 0 0 rg BT 282.61 340.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 316.35 340.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.30 340.10 Td ($9.3 ) Tj ET Q q 0 0 0 rg BT 347.42 340.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.32 340.10 Td ( ) Tj ET Q q 0 0 0 rg BT 378.94 340.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 340.10 Td ($9.2 ) Tj ET Q q 0 0 0 rg BT 416.12 340.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.02 340.10 Td ( ) Tj ET Q q 0 0 0 rg BT 447.64 340.10 Td (for ) Tj ET Q q 0 0 0 rg BT 461.92 340.10 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 501.75 340.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 516.59 340.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 555.33 340.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.10 Td (included ) Tj ET Q q 0 0 0 rg BT 86.66 328.10 Td (in ) Tj ET Q q 0 0 0 rg BT 96.66 328.10 Td (other ) Tj ET Q q 0 0 0 rg BT 119.43 328.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 161.09 328.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 200.53 328.10 Td (of ) Tj ET Q q 0 0 0 rg BT 211.08 328.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.52 328.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 272.33 328.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 318.99 328.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 373.99 328.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 408.42 328.10 Td (Sheets. ) Tj ET Q q 0 0 0 rg BT 439.25 328.10 Td (During ) Tj ET Q q 0 0 0 rg BT 469.80 328.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.24 328.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.23 328.10 Td ( ) Tj ET Q q 0 0 0 rg BT 506.45 328.10 Td (months ) Tj ET Q q 0 0 0 rg BT 538.13 328.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 92.82 316.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.82 316.10 Td ( ) Tj ET Q q 0 0 0 rg BT 114.54 316.10 Td (and ) Tj ET Q q 0 0 0 rg BT 130.71 316.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 154.93 316.10 Td (there ) Tj ET Q q 0 0 0 rg BT 176.64 316.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.91 316.10 Td ($69 ) Tj ET Q q 0 0 0 rg BT 210.63 316.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.74 316.10 Td ( ) Tj ET Q q 0 0 0 rg BT 248.46 316.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.63 316.10 Td (zero) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.83 316.10 Td ( ) Tj ET Q q 0 0 0 rg BT 283.55 316.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 318.03 316.10 Td (to ) Tj ET Q q 0 0 0 rg BT 327.53 316.10 Td (this ) Tj ET Q q 0 0 0 rg BT 343.70 316.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 376.53 316.10 Td (reserve, ) Tj ET Q q 0 0 0 rg BT 409.62 316.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 457.29 316.10 Td (. ) Tj ET Q q 0 0 0 rg BT 461.38 316.10 Td (The ) Tj ET Q q 0 0 0 rg BT 478.65 316.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 519.26 316.10 Td (recognizes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 81.93 304.10 Td (accrued ) Tj ET Q q 0 0 0 rg BT 115.52 304.10 Td (and ) Tj ET Q q 0 0 0 rg BT 132.46 304.10 Td (penalties ) Tj ET Q q 0 0 0 rg BT 170.50 304.10 Td (related ) Tj ET Q q 0 0 0 rg BT 200.20 304.10 Td (to ) Tj ET Q q 0 0 0 rg BT 210.48 304.10 Td (unrecognized ) Tj ET Q q 0 0 0 rg BT 266.84 304.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 281.56 304.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 315.71 304.10 Td (as ) Tj ET Q q 0 0 0 rg BT 326.54 304.10 Td (part ) Tj ET Q q 0 0 0 rg BT 344.59 304.10 Td (of ) Tj ET Q q 0 0 0 rg BT 355.42 304.10 Td (income ) Tj ET Q q 0 0 0 rg BT 387.35 304.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 402.07 304.10 Td (expense.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 280.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.24 280.10 Td (Coronavirus ) Tj ET Q q 0 0 0 rg BT 155.78 280.10 Td (Aid, ) Tj ET Q q 0 0 0 rg BT 175.98 280.10 Td (Relief ) Tj ET Q q 0 0 0 rg BT 203.11 280.10 Td (and ) Tj ET Q q 0 0 0 rg BT 220.25 280.10 Td (Economic ) Tj ET Q q 0 0 0 rg BT 263.48 280.10 Td (Security ) Tj ET Q q 0 0 0 rg BT 298.91 280.10 Td (Act ) Tj ET Q q 0 0 0 rg BT 316.05 280.10 Td (\("CARES ) Tj ET Q q 0 0 0 rg BT 357.79 280.10 Td (Act"\) ) Tj ET Q q 0 0 0 rg BT 382.34 280.10 Td (was ) Tj ET Q q 0 0 0 rg BT 400.59 280.10 Td (signed ) Tj ET Q q 0 0 0 rg BT 429.39 280.10 Td (into ) Tj ET Q q 0 0 0 rg BT 447.65 280.10 Td (law ) Tj ET Q q 0 0 0 rg BT 464.78 280.10 Td (on ) Tj ET Q q 0 0 0 rg BT 477.48 280.10 Td (March ) Tj ET Q q 0 0 0 rg BT 506.27 280.10 Td (27, ) Tj ET Q q 0 0 0 rg BT 521.47 280.10 Td (2020. ) Tj ET Q q 0 0 0 rg BT 546.47 280.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.10 Td (CARES ) Tj ET Q q 0 0 0 rg BT 84.11 268.10 Td (Act ) Tj ET Q q 0 0 0 rg BT 100.96 268.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 136.70 268.10 Td (income ) Tj ET Q q 0 0 0 rg BT 168.54 268.10 Td (and ) Tj ET Q q 0 0 0 rg BT 185.40 268.10 Td (payroll ) Tj ET Q q 0 0 0 rg BT 216.13 268.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 230.76 268.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 274.84 268.10 Td (that ) Tj ET Q q 0 0 0 rg BT 292.25 268.10 Td (we ) Tj ET Q q 0 0 0 rg BT 306.32 268.10 Td (are ) Tj ET Q q 0 0 0 rg BT 320.94 268.10 Td (in ) Tj ET Q q 0 0 0 rg BT 331.13 268.10 Td (the ) Tj ET Q q 0 0 0 rg BT 345.76 268.10 Td (process ) Tj ET Q q 0 0 0 rg BT 378.16 268.10 Td (of ) Tj ET Q q 0 0 0 rg BT 388.91 268.10 Td (analyzing ) Tj ET Q q 0 0 0 rg BT 430.19 268.10 Td (to ) Tj ET Q q 0 0 0 rg BT 440.38 268.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 482.77 268.10 Td (the ) Tj ET Q q 0 0 0 rg BT 497.40 268.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 534.79 268.10 Td (impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.50 256.10 Td (our ) Tj ET Q q 0 0 0 rg BT 78.33 256.10 Td (condensed ) Tj ET Q q 0 0 0 rg BT 123.04 256.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 176.08 256.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 213.56 256.10 Td (statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 220.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 220.10 Td (7: ) Tj ET Q q 0 0 0 rg BT 83.32 220.10 Td (Geographic ) Tj ET Q q 0 0 0 rg BT 135.82 220.10 Td (Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 198.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.99 198.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.31 198.10 Td (operates ) Tj ET Q q 0 0 0 rg BT 181.07 198.10 Td (within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.07 198.10 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.51 198.10 Td ( ) Tj ET Q q 0 0 0 rg BT 225.95 198.10 Td (reportable ) Tj ET Q q 0 0 0 rg BT 268.92 198.10 Td (segment ) Tj ET Q q 0 0 0 rg BT 304.68 198.10 Td (whose ) Tj ET Q q 0 0 0 rg BT 332.68 198.10 Td (results ) Tj ET Q q 0 0 0 rg BT 361.23 198.10 Td (are ) Tj ET Q q 0 0 0 rg BT 375.87 198.10 Td (regularly ) Tj ET Q q 0 0 0 rg BT 414.41 198.10 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 453.49 198.10 Td (by ) Tj ET Q q 0 0 0 rg BT 465.93 198.10 Td (the ) Tj ET Q q 0 0 0 rg BT 480.59 198.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 527.61 198.10 Td (CEO, ) Tj ET Q q 0 0 0 rg BT 552.55 198.10 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 186.10 Td (chief ) Tj ET Q q 0 0 0 rg BT 72.25 186.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 112.29 186.10 Td (decision ) Tj ET Q q 0 0 0 rg BT 147.88 186.10 Td (maker ) Tj ET Q q 0 0 0 rg BT 175.13 186.10 Td (as ) Tj ET Q q 0 0 0 rg BT 185.73 186.10 Td (to ) Tj ET Q q 0 0 0 rg BT 195.78 186.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 248.57 186.10 Td (and ) Tj ET Q q 0 0 0 rg BT 265.27 186.10 Td (allocation ) Tj ET Q q 0 0 0 rg BT 306.97 186.10 Td (of ) Tj ET Q q 0 0 0 rg BT 317.57 186.10 Td (resources. ) Tj ET Q q 0 0 0 rg BT 360.10 186.10 Td (External ) Tj ET Q q 0 0 0 rg BT 396.24 186.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 435.16 186.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 472.96 186.10 Td (in ) Tj ET Q q 0 0 0 rg BT 483.01 186.10 Td (the ) Tj ET Q q 0 0 0 rg BT 497.50 186.10 Td (tables ) Tj ET Q q 0 0 0 rg BT 523.09 186.10 Td (below ) Tj ET Q q 0 0 0 rg BT 549.79 186.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.10 Td (attributed ) Tj ET Q q 0 0 0 rg BT 90.96 174.10 Td (to ) Tj ET Q q 0 0 0 rg BT 101.37 174.10 Td (a ) Tj ET Q q 0 0 0 rg BT 108.45 174.10 Td (particular ) Tj ET Q q 0 0 0 rg BT 149.39 174.10 Td (country ) Tj ET Q q 0 0 0 rg BT 182.58 174.10 Td (based ) Tj ET Q q 0 0 0 rg BT 207.98 174.10 Td (on ) Tj ET Q q 0 0 0 rg BT 220.62 174.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 255.46 174.10 Td (the ) Tj ET Q q 0 0 0 rg BT 270.32 174.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 309.61 174.10 Td (had ) Tj ET Q q 0 0 0 rg BT 326.68 174.10 Td (a ) Tj ET Q q 0 0 0 rg BT 333.76 174.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 359.16 174.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 394.00 174.10 Td (with ) Tj ET Q q 0 0 0 rg BT 414.41 174.10 Td (the ) Tj ET Q q 0 0 0 rg BT 429.27 174.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 470.79 174.10 Td (which ) Tj ET Q q 0 0 0 rg BT 497.87 174.10 Td (was ) Tj ET Q q 0 0 0 rg BT 516.05 174.10 Td (executed ) Tj ET Q q 0 0 0 rg BT 554.22 174.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.10 Td (that ) Tj ET Q q 0 0 0 rg BT 67.50 162.10 Td (particular ) Tj ET Q q 0 0 0 rg BT 108.31 162.10 Td (country ) Tj ET Q q 0 0 0 rg BT 141.35 162.10 Td (for ) Tj ET Q q 0 0 0 rg BT 155.51 162.10 Td (the ) Tj ET Q q 0 0 0 rg BT 170.23 162.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 188.28 162.10 Td (of ) Tj ET Q q 0 0 0 rg BT 199.11 162.10 Td (the ) Tj ET Q q 0 0 0 rg BT 213.82 162.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 260.90 162.10 Td (products/services ) Tj ET Q q 0 0 0 rg BT 332.83 162.10 Td (from ) Tj ET Q q 0 0 0 rg BT 354.77 162.10 Td (an ) Tj ET Q q 0 0 0 rg BT 366.70 162.10 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 388.09 162.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 431.70 162.10 Td (located ) Tj ET Q q 0 0 0 rg BT 463.07 162.10 Td (in ) Tj ET Q q 0 0 0 rg BT 473.35 162.10 Td (that ) Tj ET Q q 0 0 0 rg BT 490.84 162.10 Td (country) Tj ET Q q 0 0 0 rg BT 520.74 162.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 138.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.05 138.10 Td (following ) Tj ET Q q 0 0 0 rg BT 145.43 138.10 Td (enterprise-wide ) Tj ET Q q 0 0 0 rg BT 210.13 138.10 Td (information ) Tj ET Q q 0 0 0 rg BT 259.84 138.10 Td (relates ) Tj ET Q q 0 0 0 rg BT 288.43 138.10 Td (to ) Tj ET Q q 0 0 0 rg BT 298.71 138.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.43 138.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 360.51 138.10 Td (geographic ) Tj ET Q q 0 0 0 rg BT 407.43 138.10 Td (locations:) Tj ET Q endstream endobj 59 0 obj <>] /Rotate 0 /Contents 60 0 R>> endobj 60 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg 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BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.40 695.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 284.19 695.18 Td (ch 31, 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.65 705.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 362.44 705.18 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 355.50 695.18 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.65 705.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 424.44 705.18 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 695.18 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.90 705.18 Td (December) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.00 695.18 Td (31, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.85 671.18 Td (External) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.20 661.18 Td (Revenues) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.40 671.18 Td (Long-lived) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.25 661.18 Td (assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.85 671.18 Td (External) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.20 661.18 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Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 386.00 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 386.00 Td (8: ) Tj ET Q q 0 0 0 rg BT 83.32 386.00 Td (Investment ) Tj ET Q q 0 0 0 rg BT 133.59 386.00 Td (in ) Tj ET Q q 0 0 0 rg BT 144.43 386.00 Td (Joint ) Tj ET Q q 0 0 0 rg BT 168.42 386.00 Td (V) Tj ET Q q 0 0 0 rg BT 174.73 386.00 Td (entur) Tj ET Q q 0 0 0 rg BT 197.88 386.00 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 362.00 Td (Ef) Tj ET Q q 0 0 0 rg BT 95.26 362.00 Td (fective ) Tj ET Q q 0 0 0 rg BT 125.49 362.00 Td (February ) Tj ET Q q 0 0 0 rg BT 164.61 362.00 Td (7, ) Tj ET Q q 0 0 0 rg BT 175.14 362.00 Td (2016, ) Tj ET Q q 0 0 0 rg BT 200.66 362.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 222.58 362.00 Td (and ) Tj ET Q q 0 0 0 rg BT 239.82 362.00 Td (V) Tj ET Q q 0 0 0 rg BT 245.94 362.00 Td (ayam ) Tj ET Q q 0 0 0 rg BT 270.40 362.00 Td (T) Tj ET Q q 0 0 0 rg BT 275.81 362.00 Td (echnologies ) Tj ET Q q 0 0 0 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0 rg BT 244.03 350.00 Td (carry ) Tj ET Q q 0 0 0 rg BT 266.38 350.00 Td (out ) Tj ET Q q 0 0 0 rg BT 280.97 350.00 Td (IT) Tj ET Q q 0 0 0 rg BT 290.23 350.00 Td ( ) Tj ET Q q 0 0 0 rg BT 292.04 350.00 Td (projects ) Tj ET Q q 0 0 0 rg BT 325.51 350.00 Td (in ) Tj ET Q q 0 0 0 rg BT 335.10 350.00 Td (the ) Tj ET Q q 0 0 0 rg BT 349.13 350.00 Td (government ) Tj ET Q q 0 0 0 rg BT 398.71 350.00 Td (sector ) Tj ET Q q 0 0 0 rg BT 424.40 350.00 Td (of ) Tj ET Q q 0 0 0 rg BT 434.54 350.00 Td (the ) Tj ET Q q 0 0 0 rg BT 448.57 350.00 Td (country ) Tj ET Q q 0 0 0 rg BT 480.93 350.00 Td (of ) Tj ET Q q 0 0 0 rg BT 491.08 350.00 Td (India, ) Tj ET Q q 0 0 0 rg BT 515.94 350.00 Td (particularly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.00 Td (in ) Tj ET Q q 0 0 0 rg BT 59.83 338.00 Td (regards ) Tj ET Q q 0 0 0 rg BT 91.31 338.00 Td (to ) Tj ET Q q 0 0 0 rg BT 101.13 338.00 Td (the ) Tj ET Q q 0 0 0 rg BT 115.40 338.00 Td (implementation ) Tj ET Q q 0 0 0 rg BT 180.21 338.00 Td (of ) Tj ET Q q 0 0 0 rg BT 190.59 338.00 Td (e-governance ) Tj ET Q q 0 0 0 rg BT 246.50 338.00 Td (projects ) Tj ET Q q 0 0 0 rg BT 280.20 338.00 Td (in ) Tj ET Q q 0 0 0 rg BT 290.03 338.00 Td (the ) Tj ET Q q 0 0 0 rg BT 304.30 338.00 Td (areas ) Tj ET Q q 0 0 0 rg BT 326.88 338.00 Td (of ) Tj ET Q q 0 0 0 rg BT 337.26 338.00 Td (education ) Tj ET Q q 0 0 0 rg BT 378.19 338.00 Td (and ) Tj ET Q q 0 0 0 rg BT 394.67 338.00 Td (healthcare. ) Tj ET Q q 0 0 0 rg BT 440.30 338.00 Td ( ) Tj ET Q q 0 0 0 rg BT 442.35 338.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 463.29 338.00 Td (has ) Tj ET Q q 0 0 0 rg BT 478.67 338.00 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.16 338.00 Td (51%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.49 338.00 Td ( ) Tj ET Q q 0 0 0 rg BT 505.54 338.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 532.58 338.00 Td (interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.00 Td (in ) Tj ET Q q 0 0 0 rg BT 60.74 326.00 Td (the ) Tj ET Q q 0 0 0 rg BT 75.92 326.00 Td (joint ) Tj ET Q q 0 0 0 rg BT 97.21 326.00 Td (venture, ) Tj ET Q q 0 0 0 rg BT 132.66 326.00 Td (and ) Tj ET Q q 0 0 0 rg BT 149.84 326.00 Td (V) Tj ET Q q 0 0 0 rg BT 155.96 326.00 Td (ayam ) Tj ET Q q 0 0 0 rg BT 180.57 326.00 Td (has ) Tj ET Q q 0 0 0 rg BT 196.86 326.00 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.26 326.00 Td (49%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.59 326.00 Td ( ) Tj ET Q q 0 0 0 rg BT 225.55 326.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 253.51 326.00 Td (interest ) Tj ET Q q 0 0 0 rg BT 285.90 326.00 Td (in ) Tj ET Q q 0 0 0 rg BT 296.64 326.00 Td (the ) Tj ET Q q 0 0 0 rg BT 311.82 326.00 Td (joint ) Tj ET Q q 0 0 0 rg BT 333.11 326.00 Td (venture. ) Tj ET Q q 0 0 0 rg BT 368.56 326.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 390.40 326.00 Td (is ) Tj ET Q q 0 0 0 rg BT 400.04 326.00 Td (fully ) Tj ET Q q 0 0 0 rg BT 421.88 326.00 Td (consolidating ) Tj ET Q q 0 0 0 rg BT 478.72 326.00 Td (the ) Tj ET Q q 0 0 0 rg BT 493.90 326.00 Td (operations ) Tj ET Q q 0 0 0 rg BT 538.52 326.00 Td (of ) Tj ET Q q 0 0 0 rg BT 549.81 326.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 71.58 314.00 Td (V) Tj ET Q q 0 0 0 rg BT 77.69 314.00 Td (ayam ) Tj ET Q q 0 0 0 rg BT 102.25 314.00 Td (Limited ) Tj ET Q q 0 0 0 rg BT 136.81 314.00 Td (JV) Tj ET Q q 0 0 0 rg BT 147.74 314.00 Td ( ) Tj ET Q q 0 0 0 rg BT 150.64 314.00 Td (into ) Tj ET Q q 0 0 0 rg BT 169.10 314.00 Td (the ) Tj ET Q q 0 0 0 rg BT 184.21 314.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 231.69 314.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 269.58 314.00 Td (statements ) Tj ET Q q 0 0 0 rg BT 314.69 314.00 Td (and ) Tj ET Q q 0 0 0 rg BT 332.03 314.00 Td (separately ) Tj ET Q q 0 0 0 rg BT 375.46 314.00 Td (reporting ) Tj ET Q q 0 0 0 rg BT 415.02 314.00 Td (the ) Tj ET Q q 0 0 0 rg BT 429.92 314.00 Td (V) Tj ET Q q 0 0 0 rg BT 436.04 314.00 Td (ayam ) Tj ET Q q 0 0 0 rg BT 460.59 314.00 Td (minority) Tj ET Q q 0 0 0 rg BT 494.39 314.00 Td (, ) Tj ET Q q 0 0 0 rg BT 499.79 314.00 Td (non-controlling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.00 Td (interest ) Tj ET Q q 0 0 0 rg BT 81.62 302.00 Td (in ) Tj ET Q q 0 0 0 rg BT 91.59 302.00 Td (the ) Tj ET Q q 0 0 0 rg BT 106.00 302.00 Td (joint ) Tj ET Q q 0 0 0 rg BT 126.52 302.00 Td (venture's ) Tj ET Q q 0 0 0 rg BT 164.39 302.00 Td (net ) Tj ET Q q 0 0 0 rg BT 178.80 302.00 Td (income ) Tj ET Q q 0 0 0 rg BT 210.42 302.00 Td (and ) Tj ET Q q 0 0 0 rg BT 227.05 302.00 Td (equity) Tj ET Q q 0 0 0 rg BT 251.40 302.00 Td (. ) Tj ET Q q 0 0 0 rg BT 255.93 302.00 Td (V) Tj ET Q q 0 0 0 rg BT 262.04 302.00 Td (ayam ) Tj ET Q q 0 0 0 rg BT 285.89 302.00 Td (is ) Tj ET Q q 0 0 0 rg BT 294.75 302.00 Td (also ) Tj ET Q q 0 0 0 rg BT 313.04 302.00 Td (a ) Tj ET Q q 0 0 0 rg BT 319.67 302.00 Td (customer ) Tj ET Q q 0 0 0 rg BT 358.52 302.00 Td (of ) Tj ET Q q 0 0 0 rg BT 369.04 302.00 Td (the ) Tj ET Q q 0 0 0 rg BT 383.45 302.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 404.36 302.00 Td (V) Tj ET Q q 0 0 0 rg BT 410.48 302.00 Td (ayam ) Tj ET Q q 0 0 0 rg BT 434.32 302.00 Td (Limited ) Tj ET Q q 0 0 0 rg BT 468.17 302.00 Td (JV) Tj ET Q q 0 0 0 rg BT 478.00 302.00 Td (, ) Tj ET Q q 0 0 0 rg BT 482.69 302.00 Td (and ) Tj ET Q q 0 0 0 rg BT 499.31 302.00 Td (during ) Tj ET Q q 0 0 0 rg BT 527.61 302.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.02 302.00 Td (three) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.00 Td (months ) Tj ET Q q 0 0 0 rg BT 82.40 290.00 Td (ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.56 290.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 156.61 290.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.61 290.00 Td ( ) Tj ET Q q 0 0 0 rg BT 179.56 290.00 Td (and ) Tj ET Q q 0 0 0 rg BT 196.94 290.00 Td (2019 ) Tj ET Q q 0 0 0 rg BT 219.89 290.00 Td (the ) Tj ET Q q 0 0 0 rg BT 235.06 290.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 256.68 290.00 Td (V) Tj ET Q q 0 0 0 rg BT 262.79 290.00 Td (ayam ) Tj ET Q q 0 0 0 rg BT 287.40 290.00 Td (Limited ) Tj ET Q q 0 0 0 rg BT 322.00 290.00 Td (JV) Tj ET Q q 0 0 0 rg BT 332.94 290.00 Td ( ) Tj ET Q q 0 0 0 rg BT 335.88 290.00 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.69 290.00 Td ($245 ) Tj ET Q q 0 0 0 rg BT 405.64 290.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.75 290.00 Td ( ) Tj ET Q q 0 0 0 rg BT 444.70 290.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.09 290.00 Td ($87 ) Tj ET Q q 0 0 0 rg BT 480.03 290.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.14 290.00 Td ( ) Tj ET Q q 0 0 0 rg BT 519.09 290.00 Td (of ) Tj ET Q q 0 0 0 rg BT 530.37 290.00 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.00 Td (from ) Tj ET Q q 0 0 0 rg BT 72.58 278.00 Td (V) Tj ET Q q 0 0 0 rg BT 78.69 278.00 Td (ayam, ) Tj ET Q q 0 0 0 rg BT 106.23 278.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 153.89 278.00 Td (. ) Tj ET Q q 0 0 0 rg BT 159.02 278.00 Td (As ) Tj ET Q q 0 0 0 rg BT 173.52 278.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.23 278.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 229.71 278.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.71 278.00 Td (, ) Tj ET Q q 0 0 0 rg BT 255.59 278.00 Td (the ) Tj ET Q q 0 0 0 rg BT 271.19 278.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 293.21 278.00 Td (V) Tj ET Q q 0 0 0 rg BT 299.32 278.00 Td (ayam ) Tj ET Q q 0 0 0 rg BT 324.36 278.00 Td (Limited ) Tj ET Q q 0 0 0 rg BT 359.40 278.00 Td (JV) Tj ET Q q 0 0 0 rg BT 370.34 278.00 Td ( ) Tj ET Q q 0 0 0 rg BT 373.72 278.00 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.54 278.00 Td ($21.4 ) Tj ET Q q 0 0 0 rg BT 417.42 278.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.31 278.00 Td ( ) Tj ET Q q 0 0 0 rg BT 449.69 278.00 Td (of ) Tj ET Q q 0 0 0 rg BT 461.40 278.00 Td (accounts ) Tj ET Q q 0 0 0 rg BT 499.77 278.00 Td (receivable ) Tj ET Q q 0 0 0 rg BT 544.23 278.00 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.00 Td 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0 rg BT 481.76 266.00 Td (December ) Tj ET Q q 0 0 0 rg BT 524.93 266.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 539.51 266.00 Td (2019, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.00 Td (the ) Tj ET Q q 0 0 0 rg BT 65.14 254.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 86.74 254.00 Td (V) Tj ET Q q 0 0 0 rg BT 92.85 254.00 Td (ayam ) Tj ET Q q 0 0 0 rg BT 117.43 254.00 Td (Limited ) Tj ET Q q 0 0 0 rg BT 152.01 254.00 Td (JV) Tj ET Q q 0 0 0 rg BT 162.94 254.00 Td ( ) Tj ET Q q 0 0 0 rg BT 165.87 254.00 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.23 254.00 Td ($22.8 ) Tj ET Q q 0 0 0 rg BT 208.65 254.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.54 254.00 Td ( ) Tj ET Q q 0 0 0 rg BT 240.46 254.00 Td (of ) Tj ET Q q 0 0 0 rg BT 251.71 254.00 Td (accounts ) Tj ET Q q 0 0 0 rg BT 289.62 254.00 Td (receivable ) Tj ET Q q 0 0 0 rg BT 333.62 254.00 Td (with ) Tj ET Q q 0 0 0 rg BT 354.11 254.00 Td (V) Tj ET Q q 0 0 0 rg BT 360.23 254.00 Td (ayam, ) Tj ET Q q 0 0 0 rg BT 387.30 254.00 Td (net ) Tj ET Q q 0 0 0 rg BT 402.44 254.00 Td (of ) Tj ET Q q 0 0 0 rg BT 413.70 254.00 Td (the ) Tj ET Q q 0 0 0 rg BT 428.83 254.00 Td (estimated ) Tj ET Q q 0 0 0 rg BT 470.08 254.00 Td (allowance ) Tj ET Q q 0 0 0 rg BT 513.53 254.00 Td (for ) Tj ET Q q 0 0 0 rg BT 528.11 254.00 Td (doubtful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.00 Td (accounts ) Tj ET Q q 0 0 0 rg BT 87.49 242.00 Td (receivable ) Tj ET Q q 0 0 0 rg BT 131.06 242.00 Td (in ) Tj ET Q q 0 0 0 rg BT 141.34 242.00 Td (the ) Tj ET Q q 0 0 0 rg BT 156.06 242.00 Td (amount ) Tj ET Q q 0 0 0 rg BT 188.55 242.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.38 242.00 Td ($12.1 ) Tj ET Q q 0 0 0 rg BT 224.38 242.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.28 242.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 218.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 218.00 Td (Ef) Tj ET Q q 0 0 0 rg BT 95.26 218.00 Td (fective ) Tj ET Q q 0 0 0 rg BT 124.85 218.00 Td (September ) Tj ET Q q 0 0 0 rg BT 170.01 218.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 179.90 218.00 Td (2015, ) Tj ET Q q 0 0 0 rg BT 204.79 218.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 226.07 218.00 Td (and ) Tj ET Q q 0 0 0 rg BT 242.90 218.00 Td (IHC ) Tj ET Q q 0 0 0 rg BT 262.51 218.00 Td (formed ) Tj ET Q q 0 0 0 rg BT 293.78 218.00 Td (the ) Tj ET Q q 0 0 0 rg BT 308.39 218.00 Td (joint ) Tj ET Q q 0 0 0 rg BT 329.12 218.00 Td (venture ) Tj ET Q q 0 0 0 rg BT 361.49 218.00 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 409.43 218.00 Td (JV) Tj ET Q q 0 0 0 rg BT 419.25 218.00 Td (. ) Tj ET Q q 0 0 0 rg BT 424.14 218.00 Td ( ) Tj ET Q q 0 0 0 rg BT 426.36 218.00 Td (This ) Tj ET Q q 0 0 0 rg BT 446.53 218.00 Td (joint ) Tj ET Q q 0 0 0 rg BT 467.26 218.00 Td (venture ) Tj ET Q q 0 0 0 rg BT 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0 rg BT 341.70 194.00 Td (joint ) Tj ET Q q 0 0 0 rg BT 362.51 194.00 Td (venture. ) Tj ET Q q 0 0 0 rg BT 397.46 194.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 418.82 194.00 Td (is ) Tj ET Q q 0 0 0 rg BT 427.95 194.00 Td (fully ) Tj ET Q q 0 0 0 rg BT 449.31 194.00 Td (consolidating ) Tj ET Q q 0 0 0 rg BT 505.66 194.00 Td (the ) Tj ET Q q 0 0 0 rg BT 520.34 194.00 Td (operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.00 Td (of ) Tj ET Q q 0 0 0 rg BT 60.42 182.00 Td (the ) Tj ET Q q 0 0 0 rg BT 74.73 182.00 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 122.37 182.00 Td (JV) Tj ET Q q 0 0 0 rg BT 133.30 182.00 Td ( ) Tj ET Q q 0 0 0 rg BT 135.39 182.00 Td (into ) Tj ET Q q 0 0 0 rg BT 153.04 182.00 Td (the ) Tj ET Q q 0 0 0 rg BT 167.35 182.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 214.02 182.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 251.09 182.00 Td (statements ) Tj ET Q q 0 0 0 rg BT 295.40 182.00 Td (and ) Tj ET Q q 0 0 0 rg BT 311.93 182.00 Td (separately ) Tj ET Q q 0 0 0 rg BT 354.55 182.00 Td (reporting ) Tj ET Q q 0 0 0 rg BT 393.30 182.00 Td (the ) Tj ET Q q 0 0 0 rg BT 407.61 182.00 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 455.24 182.00 Td (JV) Tj ET Q q 0 0 0 rg BT 466.18 182.00 Td ( ) Tj ET Q q 0 0 0 rg BT 468.27 182.00 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 532.57 182.00 Td (interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.00 Td (in ) Tj ET Q q 0 0 0 rg BT 60.79 170.00 Td (the ) Tj ET Q q 0 0 0 rg BT 76.01 170.00 Td (joint ) Tj ET Q q 0 0 0 rg BT 97.35 170.00 Td (venture's ) Tj ET Q q 0 0 0 rg BT 136.04 170.00 Td (net ) Tj ET Q q 0 0 0 rg BT 151.26 170.00 Td (income ) Tj ET Q q 0 0 0 rg BT 183.70 170.00 Td (and ) Tj ET Q q 0 0 0 rg BT 201.15 170.00 Td (equity) Tj ET Q q 0 0 0 rg BT 225.49 170.00 Td (. ) Tj ET Q q 0 0 0 rg BT 231.00 170.00 Td (IHC ) Tj ET Q q 0 0 0 rg BT 251.23 170.00 Td (is ) Tj ET Q q 0 0 0 rg BT 260.90 170.00 Td (also ) Tj ET Q q 0 0 0 rg BT 280.02 170.00 Td (a ) Tj ET Q q 0 0 0 rg BT 287.46 170.00 Td (customer ) Tj ET Q q 0 0 0 rg BT 327.13 170.00 Td (of ) Tj ET Q q 0 0 0 rg BT 338.46 170.00 Td (the ) Tj ET Q q 0 0 0 rg BT 353.69 170.00 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 402.24 170.00 Td (JV) Tj ET Q q 0 0 0 rg BT 412.06 170.00 Td (, ) Tj ET Q q 0 0 0 rg BT 417.57 170.00 Td (and ) Tj ET Q q 0 0 0 rg BT 435.01 170.00 Td (during ) Tj ET Q q 0 0 0 rg BT 464.13 170.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.35 170.00 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.34 170.00 Td ( ) Tj ET Q q 0 0 0 rg BT 502.34 170.00 Td (months ) Tj ET Q q 0 0 0 rg BT 534.80 170.00 Td (ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 93.77 158.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.77 158.00 Td ( ) Tj ET Q q 0 0 0 rg BT 116.45 158.00 Td (and ) Tj ET Q q 0 0 0 rg BT 133.56 158.00 Td (2019 ) Tj ET Q q 0 0 0 rg BT 156.24 158.00 Td (the ) Tj ET Q q 0 0 0 rg BT 171.13 158.00 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 219.34 158.00 Td (JV) Tj ET Q q 0 0 0 rg BT 230.28 158.00 Td ( ) Tj ET Q q 0 0 0 rg BT 232.95 158.00 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.49 158.00 Td ($559 ) Tj ET Q q 0 0 0 rg BT 302.16 158.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.27 158.00 Td ( ) Tj ET Q q 0 0 0 rg BT 340.95 158.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.06 158.00 Td ($767 ) Tj ET Q q 0 0 0 rg BT 380.74 158.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.84 158.00 Td (, ) Tj ET Q q 0 0 0 rg BT 422.02 158.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 469.68 158.00 Td (, ) Tj ET Q q 0 0 0 rg BT 474.85 158.00 Td (of ) Tj ET Q q 0 0 0 rg BT 485.86 158.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 520.18 158.00 Td (from ) Tj ET Q q 0 0 0 rg BT 542.29 158.00 Td (IHC. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.00 Td (As ) Tj ET Q q 0 0 0 rg BT 63.57 146.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.37 146.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 117.92 146.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.92 146.00 Td ( ) Tj ET Q q 0 0 0 rg BT 140.39 146.00 Td (and ) Tj ET Q q 0 0 0 rg BT 157.29 146.00 Td (December ) Tj ET Q q 0 0 0 rg BT 200.83 146.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 215.79 146.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 240.75 146.00 Td (the ) Tj ET Q q 0 0 0 rg BT 255.43 146.00 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 303.43 146.00 Td (JV) Tj ET Q q 0 0 0 rg BT 314.37 146.00 Td ( ) Tj ET Q q 0 0 0 rg BT 316.83 146.00 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.73 146.00 Td ($249 ) Tj ET Q q 0 0 0 rg BT 356.19 146.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.29 146.00 Td ( ) Tj ET Q q 0 0 0 rg BT 394.76 146.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.66 146.00 Td ($335 ) Tj ET Q q 0 0 0 rg BT 434.12 146.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.22 146.00 Td ( ) Tj ET Q q 0 0 0 rg BT 472.69 146.00 Td (of ) Tj ET Q q 0 0 0 rg BT 483.48 146.00 Td (accounts ) Tj ET Q q 0 0 0 rg BT 520.92 146.00 Td (receivable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.00 Td (from ) Tj ET Q q 0 0 0 rg BT 71.65 134.00 Td (IHC, ) Tj ET Q q 0 0 0 rg BT 93.59 134.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 141.25 134.00 Td (. ) Tj ET Q q 0 0 0 rg BT 145.97 134.00 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 200.67 134.00 Td (as ) Tj ET Q q 0 0 0 rg BT 211.22 134.00 Td (a ) Tj ET Q q 0 0 0 rg BT 217.87 134.00 Td (related ) Tj ET Q q 0 0 0 rg BT 247.29 134.00 Td (party) Tj ET Q q 0 0 0 rg BT 267.19 134.00 Td (, ) Tj ET Q q 0 0 0 rg BT 271.90 134.00 Td (IHC ) Tj ET Q q 0 0 0 rg BT 291.34 134.00 Td (also ) Tj ET Q q 0 0 0 rg BT 309.66 134.00 Td (has ) Tj ET Q q 0 0 0 rg BT 325.21 134.00 Td (been ) Tj ET Q q 0 0 0 rg BT 346.30 134.00 Td (and ) Tj ET Q q 0 0 0 rg BT 362.96 134.00 Td (continues ) Tj ET Q q 0 0 0 rg BT 403.50 134.00 Td (to ) Tj ET Q q 0 0 0 rg BT 413.49 134.00 Td (be ) Tj ET Q q 0 0 0 rg BT 425.15 134.00 Td (a ) Tj ET Q q 0 0 0 rg BT 431.80 134.00 Td (customer ) Tj ET Q q 0 0 0 rg BT 470.67 134.00 Td (of ) Tj ET Q q 0 0 0 rg BT 481.22 134.00 Td (Ebix, ) Tj ET Q q 0 0 0 rg BT 504.82 134.00 Td (and ) Tj ET Q q 0 0 0 rg BT 521.47 134.00 Td (during ) Tj ET Q q 0 0 0 rg BT 549.80 134.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.00 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.99 122.00 Td ( ) Tj ET Q q 0 0 0 rg BT 73.36 122.00 Td (months ) Tj ET Q q 0 0 0 rg BT 106.19 122.00 Td (ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.78 122.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 181.25 122.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.25 122.00 Td ( ) Tj ET Q q 0 0 0 rg BT 204.63 122.00 Td (and ) Tj ET Q q 0 0 0 rg BT 222.45 122.00 Td (2019 ) Tj ET Q q 0 0 0 rg BT 245.82 122.00 Td (the ) Tj ET Q q 0 0 0 rg BT 261.42 122.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 303.68 122.00 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.92 122.00 Td ($29 ) Tj ET Q q 0 0 0 rg BT 369.29 122.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.40 122.00 Td ( ) Tj ET Q q 0 0 0 rg BT 408.78 122.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.59 122.00 Td ($19 ) Tj ET Q q 0 0 0 rg BT 444.97 122.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.08 122.00 Td ( ) Tj ET Q q 0 0 0 rg BT 484.46 122.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 519.48 122.00 Td (from ) Tj ET Q q 0 0 0 rg BT 542.29 122.00 Td (IHC, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 110.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 110.00 Td (. ) Tj ET Q q 0 0 0 rg BT 102.04 110.00 Td (As ) Tj ET Q q 0 0 0 rg BT 115.57 110.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.31 110.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 169.82 110.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.82 110.00 Td ( ) Tj ET Q q 0 0 0 rg BT 192.23 110.00 Td (and ) Tj ET Q q 0 0 0 rg BT 209.08 110.00 Td (December ) Tj ET Q q 0 0 0 rg BT 252.58 110.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 267.49 110.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 292.40 110.00 Td (IHC ) Tj ET Q q 0 0 0 rg BT 312.04 110.00 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.89 110.00 Td ($53 ) Tj ET Q q 0 0 0 rg BT 346.30 110.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.41 110.00 Td ( ) Tj ET Q q 0 0 0 rg BT 384.82 110.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.67 110.00 Td ($8 ) Tj ET Q q 0 0 0 rg BT 414.08 110.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.19 110.00 Td ( ) Tj ET Q q 0 0 0 rg BT 452.60 110.00 Td (of ) Tj ET Q q 0 0 0 rg BT 463.34 110.00 Td (accounts ) Tj ET Q q 0 0 0 rg BT 500.74 110.00 Td (receivable ) Tj ET Q q 0 0 0 rg BT 544.23 110.00 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 98.00 Td (Ebix. ) Tj ET Q q 0 0 0 rg BT 73.62 98.00 Td (The ) Tj ET Q q 0 0 0 rg BT 91.57 98.00 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 139.52 98.00 Td (JV) Tj ET Q q 0 0 0 rg BT 150.45 98.00 Td ( ) Tj ET Q q 0 0 0 rg BT 152.86 98.00 Td (has ) Tj ET Q q 0 0 0 rg BT 168.60 98.00 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.44 98.00 Td ($1.8 ) Tj ET Q q 0 0 0 rg BT 195.35 98.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.24 98.00 Td ( ) Tj ET Q q 0 0 0 rg BT 226.64 98.00 Td (note ) Tj ET Q q 0 0 0 rg BT 246.27 98.00 Td (due ) Tj ET Q q 0 0 0 rg BT 263.11 98.00 Td (to ) Tj ET Q q 0 0 0 rg BT 273.30 98.00 Td (IHC. ) Tj ET Q q 0 0 0 rg BT 294.89 98.00 Td (Additionally) Tj ET Q q 0 0 0 rg BT 344.80 98.00 Td (, ) Tj ET Q q 0 0 0 rg BT 349.70 98.00 Td (based ) Tj ET Q q 0 0 0 rg BT 374.88 98.00 Td (on ) Tj ET Q q 0 0 0 rg BT 387.28 98.00 Td (the ) Tj ET Q q 0 0 0 rg BT 401.91 98.00 Td (final ) Tj ET Q q 0 0 0 rg BT 422.64 98.00 Td (purchase ) Tj ET Q q 0 0 0 rg BT 460.58 98.00 Td (price ) Tj ET Q q 0 0 0 rg BT 482.97 98.00 Td (allocation ) Tj ET Q q 0 0 0 rg BT 524.81 98.00 Td (valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 86.00 Td (report ) Tj ET Q q 0 0 0 rg BT 75.73 86.00 Td (for ) Tj ET Q q 0 0 0 rg BT 89.25 86.00 Td (the ) Tj ET Q q 0 0 0 rg BT 103.32 86.00 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 150.71 86.00 Td (JV) Tj ET Q q 0 0 0 rg BT 161.65 86.00 Td ( ) Tj ET Q q 0 0 0 rg BT 163.50 86.00 Td (it ) Tj ET Q q 0 0 0 rg BT 170.91 86.00 Td (was ) Tj ET Q q 0 0 0 rg BT 188.32 86.00 Td (concluded ) Tj ET Q q 0 0 0 rg BT 231.27 86.00 Td (that ) Tj ET Q q 0 0 0 rg BT 248.12 86.00 Td (the ) Tj ET Q q 0 0 0 rg BT 262.19 86.00 Td (customer ) Tj ET Q q 0 0 0 rg BT 300.70 86.00 Td (relationship ) Tj ET Q q 0 0 0 rg BT 349.76 86.00 Td (with ) Tj ET Q q 0 0 0 rg BT 369.40 86.00 Td (IHC, ) Tj ET Q q 0 0 0 rg BT 390.97 86.00 Td (our ) Tj ET Q q 0 0 0 rg BT 406.16 86.00 Td (joint ) Tj ET Q q 0 0 0 rg BT 426.35 86.00 Td (venture ) Tj ET Q q 0 0 0 rg BT 458.19 86.00 Td (partner) Tj ET Q q 0 0 0 rg BT 486.10 86.00 Td (, ) Tj ET Q q 0 0 0 rg BT 490.46 86.00 Td (to ) Tj ET Q q 0 0 0 rg BT 500.09 86.00 Td (be ) Tj ET Q q 0 0 0 rg BT 511.38 86.00 Td (by ) Tj ET Q q 0 0 0 rg BT 523.24 86.00 Td (its ) Tj ET Q q 0 0 0 rg BT 534.54 86.00 Td (nature, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 74.00 Td (an ) Tj ET Q q 0 0 0 rg BT 61.94 74.00 Td (indefinite-lived ) Tj ET Q q 0 0 0 rg BT 126.08 74.00 Td (customer ) Tj ET Q q 0 0 0 rg BT 165.24 74.00 Td (relationship.) Tj ET Q endstream endobj 61 0 obj <>] /Rotate 0 /Contents 62 0 R>> endobj 62 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 742.25 Td (9: ) Tj ET Q q 0 0 0 rg BT 83.32 742.25 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 720.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 720.25 Td (Changes ) Tj ET Q q 0 0 0 rg BT 122.23 720.25 Td (in ) Tj ET Q q 0 0 0 rg BT 131.80 720.25 Td (the ) Tj ET Q q 0 0 0 rg BT 145.81 720.25 Td (carrying ) Tj ET Q q 0 0 0 rg BT 180.92 720.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 212.70 720.25 Td (of ) Tj ET Q q 0 0 0 rg BT 222.83 720.25 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 260.17 720.25 Td (for ) Tj ET Q q 0 0 0 rg BT 273.63 720.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.64 720.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.62 720.25 Td ( ) Tj ET Q q 0 0 0 rg BT 309.41 720.25 Td (months ) Tj ET Q q 0 0 0 rg BT 340.65 720.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.32 720.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 409.21 720.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.21 720.25 Td ( ) Tj ET Q q 0 0 0 rg BT 431.00 720.25 Td (and ) Tj ET Q q 0 0 0 rg BT 447.24 720.25 Td (the ) Tj ET Q q 0 0 0 rg BT 461.24 720.25 Td (year ) Tj ET Q q 0 0 0 rg BT 480.24 720.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.91 720.25 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 708.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 708.25 Td ( ) Tj ET Q q 0 0 0 rg BT 72.50 708.25 Td (are ) Tj ET Q q 0 0 0 rg BT 87.21 708.25 Td (reflected ) Tj ET Q q 0 0 0 rg BT 124.68 708.25 Td (in ) Tj ET Q q 0 0 0 rg BT 134.96 708.25 Td (the ) Tj ET Q q 0 0 0 rg BT 149.67 708.25 Td (following ) Tj ET Q q 0 0 0 rg BT 191.06 708.25 Td (table.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 644.75 345.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 644.75 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 644.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 644.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 616.75 345.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 616.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 616.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 616.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 587.75 345.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 587.75 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 587.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 587.75 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 672.75 m 466.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 672.75 m 535.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 672.75 m 466.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 658.75 m 466.5 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 658.75 m 535.5 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 644.75 m 466.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 644.75 m 470.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 644.75 m 535.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 587.75 m 466.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 587.75 m 535.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 587.75 m 466.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 574.75 m 466.5 574.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 572.75 m 466.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 587.75 m 535.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 574.75 m 535.5 574.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 572.75 m 535.5 572.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.65 687.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 427.44 687.43 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.50 677.43 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.40 687.43 Td (December) Tj ET Q q 0 0 0 rg BT 516.62 687.43 Td ( 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.50 677.43 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.65 663.43 Td (\(Unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 649.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.00 649.43 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 635.32 Td (Beginning Balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.00 635.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 635.32 Td (952,404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.00 635.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 635.32 Td (946,685) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 621.32 Td (Additions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 621.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 621.32 Td (17,931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 606.42 Td (Purchase accounting adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 606.42 Td (741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 592.32 Td (Foreign currency translation adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 592.37 Td (\(31,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 592.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 592.37 Td (\(12,953) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 592.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 578.32 Td (Ending Balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.00 578.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 578.32 Td (921,367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.00 578.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 578.32 Td (952,404) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td ( ) Tj ET Q q 0 0 0 rg BT 52.50 550.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 550.25 Td (At ) Tj ET Q q 0 0 0 rg BT 98.69 550.25 Td (March ) Tj ET Q q 0 0 0 rg BT 127.48 550.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 142.67 550.25 Td (2020, ) Tj ET Q q 0 0 0 rg BT 167.87 550.25 Td (the ) Tj ET Q q 0 0 0 rg BT 182.77 550.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 224.35 550.25 Td (concluded ) Tj ET Q q 0 0 0 rg BT 268.14 550.25 Td (that ) Tj ET Q q 0 0 0 rg BT 285.83 550.25 Td (a ) Tj ET Q q 0 0 0 rg BT 292.96 550.25 Td (triggering ) Tj ET Q q 0 0 0 rg BT 335.08 550.25 Td (event ) Tj ET Q q 0 0 0 rg BT 359.43 550.25 Td (had ) Tj ET Q q 0 0 0 rg BT 376.56 550.25 Td (occurred ) Tj ET Q q 0 0 0 rg BT 414.23 550.25 Td (that ) Tj ET Q q 0 0 0 rg BT 431.91 550.25 Td (would ) Tj ET Q q 0 0 0 rg BT 459.61 550.25 Td (require ) Tj ET Q q 0 0 0 rg BT 490.61 550.25 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 512.19 550.25 Td (to ) Tj ET Q q 0 0 0 rg BT 522.66 550.25 Td (review ) Tj ET Q q 0 0 0 rg BT 552.56 550.25 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 88.35 538.25 Td (for ) Tj ET Q q 0 0 0 rg BT 102.81 538.25 Td (impairment. ) Tj ET Q q 0 0 0 rg BT 154.21 538.25 Td ( ) Tj ET Q q 0 0 0 rg BT 156.80 538.25 Td (The ) Tj ET Q q 0 0 0 rg BT 175.14 538.25 Td (triggering ) Tj ET Q q 0 0 0 rg BT 217.38 538.25 Td (event ) Tj ET Q q 0 0 0 rg BT 241.83 538.25 Td (occurred ) Tj ET Q q 0 0 0 rg BT 279.60 538.25 Td (both ) Tj ET Q q 0 0 0 rg BT 300.17 538.25 Td (as ) Tj ET Q q 0 0 0 rg BT 311.30 538.25 Td (a ) Tj ET Q q 0 0 0 rg BT 318.54 538.25 Td (result ) Tj ET Q q 0 0 0 rg BT 343.55 538.25 Td (of ) Tj ET Q q 0 0 0 rg BT 354.68 538.25 Td (price ) Tj ET Q q 0 0 0 rg BT 377.46 538.25 Td (volatility ) Tj ET Q q 0 0 0 rg BT 416.37 538.25 Td (in ) Tj ET Q q 0 0 0 rg BT 426.94 538.25 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 448.62 538.25 Td (common ) Tj ET Q q 0 0 0 rg BT 486.42 538.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 510.32 538.25 Td (over ) Tj ET Q q 0 0 0 rg BT 530.89 538.25 Td (the ) Tj ET Q q 0 0 0 rg BT 545.90 538.25 Td (past ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (few ) Tj ET Q q 0 0 0 rg BT 67.86 526.25 Td (months, ) Tj ET Q q 0 0 0 rg BT 102.68 526.25 Td (and ) Tj ET Q q 0 0 0 rg BT 119.99 526.25 Td (also ) Tj ET Q q 0 0 0 rg BT 138.97 526.25 Td (the ) Tj ET Q q 0 0 0 rg BT 154.06 526.25 Td (pronounced ) Tj ET Q q 0 0 0 rg BT 204.14 526.25 Td (volatility ) Tj ET Q q 0 0 0 rg BT 243.12 526.25 Td (that ) Tj ET Q q 0 0 0 rg BT 260.98 526.25 Td (occurred ) Tj ET Q q 0 0 0 rg BT 298.83 526.25 Td (in ) Tj ET Q q 0 0 0 rg BT 309.48 526.25 Td (the ) Tj ET Q q 0 0 0 rg BT 324.57 526.25 Td (overall ) Tj ET Q q 0 0 0 rg BT 355.20 526.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 383.07 526.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 412.59 526.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 447.11 526.25 Td (as ) Tj ET Q q 0 0 0 rg BT 458.32 526.25 Td (a ) Tj ET Q q 0 0 0 rg BT 465.63 526.25 Td (result ) Tj ET Q q 0 0 0 rg BT 490.71 526.25 Td (of ) Tj ET Q q 0 0 0 rg BT 501.91 526.25 Td (the ) Tj ET Q q 0 0 0 rg BT 517.00 526.25 Td (COVID-19 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (global ) Tj ET Q q 0 0 0 rg BT 77.50 514.25 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 118.87 514.25 Td (and ) Tj ET Q q 0 0 0 rg BT 135.81 514.25 Td (the ) Tj ET Q q 0 0 0 rg BT 150.52 514.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 180.23 514.25 Td (that ) Tj ET Q q 0 0 0 rg BT 197.73 514.25 Td (had ) Tj ET Q q 0 0 0 rg BT 214.67 514.25 Td (on ) Tj ET Q q 0 0 0 rg BT 227.17 514.25 Td (the ) Tj ET Q q 0 0 0 rg BT 241.88 514.25 Td (Company) Tj ET Q q 0 0 0 rg BT 283.55 514.25 Td (s ) Tj ET Q q 0 0 0 rg BT 289.94 514.25 Td (public ) Tj ET Q q 0 0 0 rg BT 317.44 514.25 Td (valuation. ) Tj ET Q q 0 0 0 rg BT 359.65 514.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 490.25 Td (The ) Tj ET Q q 0 0 0 rg BT 105.12 490.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 147.58 490.25 Td (undertook ) Tj ET Q q 0 0 0 rg BT 191.70 490.25 Td (a ) Tj ET Q q 0 0 0 rg BT 199.72 490.25 Td (qualitative ) Tj ET Q q 0 0 0 rg BT 245.50 490.25 Td (assessment ) Tj ET Q q 0 0 0 rg BT 293.51 490.25 Td (that ) Tj ET Q q 0 0 0 rg BT 312.08 490.25 Td (also ) Tj ET Q q 0 0 0 rg BT 331.76 490.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 378.65 490.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 409.43 490.25 Td (quantitative ) Tj ET Q q 0 0 0 rg BT 460.21 490.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 490.99 490.25 Td (in ) Tj ET Q q 0 0 0 rg BT 502.34 490.25 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 547.57 490.25 Td (any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (potential ) Tj ET Q q 0 0 0 rg BT 87.49 478.25 Td (impairment ) Tj ET Q q 0 0 0 rg BT 136.09 478.25 Td (of ) Tj ET Q q 0 0 0 rg BT 146.92 478.25 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 184.97 478.25 Td (at ) Tj ET Q q 0 0 0 rg BT 194.69 478.25 Td (March ) Tj ET Q q 0 0 0 rg BT 223.29 478.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 238.28 478.25 Td (2020. ) Tj ET Q q 0 0 0 rg BT 265.78 478.25 Td (Qualitatively) Tj ET Q q 0 0 0 rg BT 317.34 478.25 Td (, ) Tj ET Q q 0 0 0 rg BT 322.34 478.25 Td (the ) Tj ET Q q 0 0 0 rg BT 337.06 478.25 Td (Company) Tj ET Q q 0 0 0 rg BT 378.72 478.25 Td (s ) Tj ET Q q 0 0 0 rg BT 385.11 478.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 422.59 478.25 Td (results ) Tj ET Q q 0 0 0 rg BT 451.20 478.25 Td (in ) Tj ET Q q 0 0 0 rg BT 461.48 478.25 Td (the ) Tj ET Q q 0 0 0 rg BT 476.19 478.25 Td (recent ) Tj ET Q q 0 0 0 rg BT 503.11 478.25 Td (past ) Tj ET Q q 0 0 0 rg BT 521.72 478.25 Td (would ) Tj ET Q q 0 0 0 rg BT 549.22 478.25 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (indicate ) Tj ET Q q 0 0 0 rg BT 85.07 466.25 Td (a ) Tj ET Q q 0 0 0 rg BT 92.94 466.25 Td (material ) Tj ET Q q 0 0 0 rg BT 129.12 466.25 Td (change ) Tj ET Q q 0 0 0 rg BT 160.86 466.25 Td (in ) Tj ET Q q 0 0 0 rg BT 172.06 466.25 Td (the ) Tj ET Q q 0 0 0 rg BT 187.70 466.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 205.01 466.25 Td (value ) Tj ET Q q 0 0 0 rg BT 230.08 466.25 Td (of ) Tj ET Q q 0 0 0 rg BT 241.84 466.25 Td (the ) Tj ET Q q 0 0 0 rg BT 257.48 466.25 Td (net ) Tj ET Q q 0 0 0 rg BT 273.12 466.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 299.88 466.25 Td (of ) Tj ET Q q 0 0 0 rg BT 311.63 466.25 Td (the ) Tj ET Q q 0 0 0 rg BT 327.27 466.25 Td (entity) Tj ET Q q 0 0 0 rg BT 349.40 466.25 Td (. ) Tj ET Q q 0 0 0 rg BT 357.82 466.25 Td (Similarly) Tj ET Q q 0 0 0 rg BT 394.39 466.25 Td (, ) Tj ET Q q 0 0 0 rg BT 400.32 466.25 Td (the ) Tj ET Q q 0 0 0 rg BT 415.96 466.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 458.27 466.25 Td (is ) Tj ET Q q 0 0 0 rg BT 468.36 466.25 Td (not ) Tj ET Q q 0 0 0 rg BT 484.57 466.25 Td (aware ) Tj ET Q q 0 0 0 rg BT 511.86 466.25 Td (of ) Tj ET Q q 0 0 0 rg BT 523.61 466.25 Td (any ) Tj ET Q q 0 0 0 rg BT 541.47 466.25 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (qualitative ) Tj ET Q q 0 0 0 rg BT 94.70 454.25 Td (factors, ) Tj ET Q q 0 0 0 rg BT 126.91 454.25 Td (apart ) Tj ET Q q 0 0 0 rg BT 149.39 454.25 Td (from ) Tj ET Q q 0 0 0 rg BT 171.32 454.25 Td (the ) Tj ET Q q 0 0 0 rg BT 186.04 454.25 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 233.53 454.25 Td (global ) Tj ET Q q 0 0 0 rg BT 261.02 454.25 Td (pandemic, ) Tj ET Q q 0 0 0 rg BT 304.89 454.25 Td (that ) Tj ET Q q 0 0 0 rg BT 322.38 454.25 Td (would ) Tj ET Q q 0 0 0 rg BT 349.88 454.25 Td (lead ) Tj ET Q q 0 0 0 rg BT 369.03 454.25 Td (to ) Tj ET Q q 0 0 0 rg BT 379.30 454.25 Td (a ) Tj ET Q q 0 0 0 rg BT 386.24 454.25 Td (conclusion ) Tj ET Q q 0 0 0 rg BT 432.06 454.25 Td (that ) Tj ET Q q 0 0 0 rg BT 449.55 454.25 Td (impairment ) Tj ET Q q 0 0 0 rg BT 498.15 454.25 Td (was ) Tj ET Q q 0 0 0 rg BT 516.20 454.25 Td (more ) Tj ET Q q 0 0 0 rg BT 539.24 454.25 Td (likely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (than ) Tj ET Q q 0 0 0 rg BT 69.32 442.25 Td (not ) Tj ET Q q 0 0 0 rg BT 84.20 442.25 Td (to ) Tj ET Q q 0 0 0 rg BT 94.08 442.25 Td (have ) Tj ET Q q 0 0 0 rg BT 115.06 442.25 Td (occurred ) Tj ET Q q 0 0 0 rg BT 152.14 442.25 Td (as ) Tj ET Q q 0 0 0 rg BT 162.57 442.25 Td (of ) Tj ET Q q 0 0 0 rg BT 173.00 442.25 Td (March ) Tj ET Q q 0 0 0 rg BT 201.20 442.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 215.80 442.25 Td (2020. ) Tj ET Q q 0 0 0 rg BT 242.75 442.25 Td (The ) Tj ET Q q 0 0 0 rg BT 260.40 442.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 301.39 442.25 Td (also ) Tj ET Q q 0 0 0 rg BT 319.60 442.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 365.02 442.25 Td (quantitative ) Tj ET Q q 0 0 0 rg BT 414.33 442.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 443.64 442.25 Td (that ) Tj ET Q q 0 0 0 rg BT 460.73 442.25 Td (include ) Tj ET Q q 0 0 0 rg BT 492.27 442.25 Td (a ) Tj ET Q q 0 0 0 rg BT 498.81 442.25 Td (discounted ) Tj ET Q q 0 0 0 rg BT 544.24 442.25 Td (cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (flow ) Tj ET Q q 0 0 0 rg BT 71.36 430.25 Td (analysis, ) Tj ET Q q 0 0 0 rg BT 109.11 430.25 Td (comparable ) Tj ET Q q 0 0 0 rg BT 158.78 430.25 Td (public ) Tj ET Q q 0 0 0 rg BT 186.81 430.25 Td (company ) Tj ET Q q 0 0 0 rg BT 226.49 430.25 Td (valuations ) Tj ET Q q 0 0 0 rg BT 270.63 430.25 Td (and ) Tj ET Q q 0 0 0 rg BT 288.10 430.25 Td (precedent ) Tj ET Q q 0 0 0 rg BT 329.99 430.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 376.91 430.25 Td (transactions. ) Tj ET Q q 0 0 0 rg BT 432.70 430.25 Td (Based ) Tj ET Q q 0 0 0 rg BT 460.17 430.25 Td (on ) Tj ET Q q 0 0 0 rg BT 473.20 430.25 Td (the ) Tj ET Q q 0 0 0 rg BT 488.45 430.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 518.69 430.25 Td (considered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (above, ) Tj ET Q q 0 0 0 rg BT 78.88 418.25 Td (the ) Tj ET Q q 0 0 0 rg BT 93.59 418.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 134.98 418.25 Td (has ) Tj ET Q q 0 0 0 rg BT 150.81 418.25 Td (concluded ) Tj ET Q q 0 0 0 rg BT 194.40 418.25 Td (that ) Tj ET Q q 0 0 0 rg BT 211.90 418.25 Td (at ) Tj ET Q q 0 0 0 rg BT 221.62 418.25 Td (March ) Tj ET Q q 0 0 0 rg BT 250.21 418.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 265.21 418.25 Td (2020 ) Tj ET Q q 0 0 0 rg BT 287.71 418.25 Td (there ) Tj ET Q q 0 0 0 rg BT 310.20 418.25 Td (was ) Tj ET Q q 0 0 0 rg BT 328.25 418.25 Td (no ) Tj ET Q q 0 0 0 rg BT 340.75 418.25 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 378.81 418.25 Td (impairment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 398.25 Td (Likewise, ) Tj ET Q q 0 0 0 rg BT 127.84 398.25 Td (the ) Tj ET Q q 0 0 0 rg BT 142.75 398.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 184.32 398.25 Td (also ) Tj ET Q q 0 0 0 rg BT 203.12 398.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 249.12 398.25 Td (its ) Tj ET Q q 0 0 0 rg BT 261.25 398.25 Td (indefinite-lived ) Tj ET Q q 0 0 0 rg BT 325.59 398.25 Td (intangible ) Tj ET Q q 0 0 0 rg BT 368.26 398.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 394.28 398.25 Td (in ) Tj ET Q q 0 0 0 rg BT 404.75 398.25 Td (the ) Tj ET Q q 0 0 0 rg BT 419.65 398.25 Td (above ) Tj ET Q q 0 0 0 rg BT 446.21 398.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 481.12 398.25 Td (and ) Tj ET Q q 0 0 0 rg BT 498.24 398.25 Td (concluded ) Tj ET Q q 0 0 0 rg BT 542.02 398.25 Td (there ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.25 Td (was ) Tj ET Q q 0 0 0 rg BT 68.05 386.25 Td (no ) Tj ET Q q 0 0 0 rg BT 80.55 386.25 Td (impairment ) Tj ET Q q 0 0 0 rg BT 129.15 386.25 Td (at ) Tj ET Q q 0 0 0 rg BT 138.87 386.25 Td (March ) Tj ET Q q 0 0 0 rg BT 167.47 386.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 182.47 386.25 Td (2020. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 362.25 Td (Given ) Tj ET Q q 0 0 0 rg BT 112.73 362.25 Td (the ) Tj ET Q q 0 0 0 rg BT 127.24 362.25 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 174.51 362.25 Td (surrounding ) Tj ET Q q 0 0 0 rg BT 225.14 362.25 Td (the ) Tj ET Q q 0 0 0 rg BT 239.65 362.25 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 286.93 362.25 Td (global ) Tj ET Q q 0 0 0 rg BT 314.22 362.25 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 355.38 362.25 Td (and ) Tj ET Q q 0 0 0 rg BT 372.12 362.25 Td (the ) Tj ET Q q 0 0 0 rg BT 386.63 362.25 Td (timing ) Tj ET Q q 0 0 0 rg BT 415.03 362.25 Td (and ) Tj ET Q q 0 0 0 rg BT 431.76 362.25 Td (magnitude ) Tj ET Q q 0 0 0 rg BT 476.27 362.25 Td (of ) Tj ET Q q 0 0 0 rg BT 486.89 362.25 Td (its ) Tj ET Q q 0 0 0 rg BT 498.63 362.25 Td (negative ) Tj ET Q q 0 0 0 rg BT 534.79 362.25 Td (impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.25 Td (on ) Tj ET Q q 0 0 0 rg BT 62.20 350.25 Td (global ) Tj ET Q q 0 0 0 rg BT 89.40 350.25 Td (economic ) Tj ET Q q 0 0 0 rg BT 130.47 350.25 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 176.84 350.25 Td (the ) Tj ET Q q 0 0 0 rg BT 191.26 350.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 232.35 350.25 Td (will ) Tj ET Q q 0 0 0 rg BT 250.11 350.25 Td (continue ) Tj ET Q q 0 0 0 rg BT 286.74 350.25 Td (to ) Tj ET Q q 0 0 0 rg BT 296.72 350.25 Td (monitor ) Tj ET Q q 0 0 0 rg BT 330.59 350.25 Td (the ) Tj ET Q q 0 0 0 rg BT 345.01 350.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 374.42 350.25 Td (of ) Tj ET Q q 0 0 0 rg BT 384.96 350.25 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 432.15 350.25 Td (on ) Tj ET Q q 0 0 0 rg BT 444.36 350.25 Td (the ) Tj ET Q q 0 0 0 rg BT 458.77 350.25 Td (overall ) Tj ET Q q 0 0 0 rg BT 488.74 350.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 532.60 350.25 Td (of ) Tj ET Q q 0 0 0 rg BT 543.13 350.25 Td (Ebix ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 338.25 Td (any ) Tj ET Q q 0 0 0 rg BT 83.88 338.25 Td (future ) Tj ET Q q 0 0 0 rg BT 110.25 338.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 139.97 338.25 Td (on ) Tj ET Q q 0 0 0 rg BT 152.47 338.25 Td (the ) Tj ET Q q 0 0 0 rg BT 167.18 338.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 183.56 338.25 Td (value ) Tj ET Q q 0 0 0 rg BT 207.71 338.25 Td (of ) Tj ET Q q 0 0 0 rg BT 218.54 338.25 Td (the ) Tj ET Q q 0 0 0 rg BT 233.26 338.25 Td (Company) Tj ET Q q 0 0 0 rg BT 274.93 338.25 Td (s ) Tj ET Q q 0 0 0 rg BT 281.32 338.25 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 319.38 338.25 Td (and ) Tj ET Q q 0 0 0 rg BT 336.31 338.25 Td (indefinite-lived ) Tj ET Q q 0 0 0 rg BT 400.46 338.25 Td (intangible ) Tj ET Q q 0 0 0 rg BT 442.95 338.25 Td (assets. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 302.25 Td (10: ) Tj ET Q q 0 0 0 rg BT 88.32 302.25 Td (Capitalized ) Tj ET Q q 0 0 0 rg BT 139.71 302.25 Td (Softwar) Tj ET Q q 0 0 0 rg BT 173.41 302.25 Td (e ) Tj ET Q q 0 0 0 rg BT 180.35 302.25 Td (Development ) Tj ET Q q 0 0 0 rg BT 238.95 302.25 Td (Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 278.25 Td (In ) Tj ET Q q 0 0 0 rg BT 97.76 278.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 146.15 278.25 Td (with ) Tj ET Q q 0 0 0 rg BT 166.61 278.25 Td (ASC ) Tj ET Q q 0 0 0 rg BT 189.49 278.25 Td (350-40 ) Tj ET Q q 0 0 0 rg BT 221.25 278.25 Td (Internal-Use ) Tj ET Q q 0 0 0 rg BT 279.10 278.25 Td (Software ) Tj ET Q q 0 0 0 rg BT 323.07 278.25 Td (and/or ) Tj ET Q q 0 0 0 rg BT 351.29 278.25 Td (ASC ) Tj ET Q q 0 0 0 rg BT 374.17 278.25 Td (350-985 ) Tj ET Q q 0 0 0 rg BT 410.94 278.25 Td (Software, ) Tj ET Q q 0 0 0 rg BT 461.84 278.25 Td (the ) Tj ET Q q 0 0 0 rg BT 477.49 278.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 519.81 278.25 Td (capitalizes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 80.65 266.25 Td (software ) Tj ET Q q 0 0 0 rg BT 118.53 266.25 Td (and ) Tj ET Q q 0 0 0 rg BT 136.42 266.25 Td (product ) Tj ET Q q 0 0 0 rg BT 170.41 266.25 Td (related ) Tj ET Q q 0 0 0 rg BT 201.06 266.25 Td (development ) Tj ET Q q 0 0 0 rg BT 256.16 266.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 279.61 266.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 324.15 266.25 Td (with ) Tj ET Q q 0 0 0 rg BT 345.38 266.25 Td (the ) Tj ET Q q 0 0 0 rg BT 361.04 266.25 Td (Company) Tj ET Q q 0 0 0 rg BT 402.71 266.25 Td (s ) Tj ET Q q 0 0 0 rg BT 410.05 266.25 Td (continuing ) Tj ET Q q 0 0 0 rg BT 456.27 266.25 Td (medical ) Tj ET Q q 0 0 0 rg BT 491.37 266.25 Td (education ) Tj ET Q q 0 0 0 rg BT 533.69 266.25 Td (service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 254.25 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 90.06 254.25 Td (development ) Tj ET Q q 0 0 0 rg BT 143.34 254.25 Td (of ) Tj ET Q q 0 0 0 rg BT 153.31 254.25 Td (the ) Tj ET Q q 0 0 0 rg BT 167.17 254.25 Td (Property ) Tj ET Q q 0 0 0 rg BT 203.24 254.25 Td (and ) Tj ET Q q 0 0 0 rg BT 219.32 254.25 Td (Casualty ) Tj ET Q q 0 0 0 rg BT 255.95 254.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 309.25 254.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 349.20 254.25 Td (data ) Tj ET Q q 0 0 0 rg BT 367.50 254.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 406.89 254.25 Td (platform ) Tj ET Q q 0 0 0 rg BT 442.96 254.25 Td (servicing ) Tj ET Q q 0 0 0 rg BT 481.25 254.25 Td (the ) Tj ET Q q 0 0 0 rg BT 495.11 254.25 Td (London ) Tj ET Q q 0 0 0 rg BT 527.85 254.25 Td (markets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (development ) Tj ET Q q 0 0 0 rg BT 104.04 242.25 Td (of ) Tj ET Q q 0 0 0 rg BT 114.76 242.25 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 156.43 242.25 Td (s ) Tj ET Q q 0 0 0 rg BT 162.71 242.25 Td (SaaS-based ) Tj ET Q q 0 0 0 rg BT 210.67 242.25 Td (Asset ) Tj ET Q q 0 0 0 rg BT 235.28 242.25 Td (Management ) Tj ET Q q 0 0 0 rg BT 289.87 242.25 Td (and ) Tj ET Q q 0 0 0 rg BT 306.70 242.25 Td (Collection ) Tj ET Q q 0 0 0 rg BT 350.75 242.25 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 393.97 242.25 Td (development ) Tj ET Q q 0 0 0 rg BT 448.01 242.25 Td (of ) Tj ET Q q 0 0 0 rg BT 458.73 242.25 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 500.39 242.25 Td (s ) Tj ET Q q 0 0 0 rg BT 506.67 242.25 Td (single ) Tj ET Q q 0 0 0 rg BT 532.95 242.25 Td (sign ) Tj ET Q q 0 0 0 rg BT 552.01 242.25 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.25 Td (agent ) Tj ET Q q 0 0 0 rg BT 74.67 230.25 Td (and ) Tj ET Q q 0 0 0 rg BT 92.13 230.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 131.80 230.25 Td (portal ) Tj ET Q q 0 0 0 rg BT 158.14 230.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 202.26 230.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 233.05 230.25 Td (application\) ) Tj ET Q q 0 0 0 rg BT 283.83 230.25 Td (and ) Tj ET Q q 0 0 0 rg BT 301.28 230.25 Td (content ) Tj ET Q q 0 0 0 rg BT 333.73 230.25 Td (development ) Tj ET Q q 0 0 0 rg BT 388.40 230.25 Td (work ) Tj ET Q q 0 0 0 rg BT 411.97 230.25 Td (related ) Tj ET Q q 0 0 0 rg BT 442.19 230.25 Td (to ) Tj ET Q q 0 0 0 rg BT 452.98 230.25 Td (the ) Tj ET Q q 0 0 0 rg BT 468.21 230.25 Td (E-Learning ) Tj ET Q q 0 0 0 rg BT 516.76 230.25 Td (business ) Tj ET Q q 0 0 0 rg BT 553.67 230.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.25 Td (EbixCash. ) Tj ET Q q 0 0 0 rg BT 93.10 218.25 Td (During ) Tj ET Q q 0 0 0 rg BT 123.15 218.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.08 218.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.06 218.25 Td ( ) Tj ET Q q 0 0 0 rg BT 158.78 218.25 Td (months ) Tj ET Q q 0 0 0 rg BT 189.94 218.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.54 218.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 258.35 218.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.35 218.25 Td ( ) Tj ET Q q 0 0 0 rg BT 280.07 218.25 Td (and ) Tj ET Q q 0 0 0 rg BT 296.22 218.25 Td (March ) Tj ET Q q 0 0 0 rg BT 324.03 218.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 338.25 218.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 362.46 218.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 410.13 218.25 Td (, ) Tj ET Q q 0 0 0 rg BT 414.34 218.25 Td (the ) Tj ET Q q 0 0 0 rg BT 428.27 218.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 468.87 218.25 Td (capitalized 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BT 383.94 206.25 Td (December ) Tj ET Q q 0 0 0 rg BT 427.88 206.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 443.25 206.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 468.61 206.25 Td (a ) Tj ET Q q 0 0 0 rg BT 475.91 206.25 Td (total ) Tj ET Q q 0 0 0 rg BT 496.55 206.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.74 206.25 Td ($19.5 ) Tj ET Q q 0 0 0 rg BT 533.11 206.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.64 194.25 Td ($19.2 ) Tj ET Q q 0 0 0 rg BT 91.33 194.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.22 194.25 Td ( ) Tj ET Q q 0 0 0 rg BT 122.42 194.25 Td (of ) Tj ET Q q 0 0 0 rg BT 132.95 194.25 Td (remaining ) Tj ET Q q 0 0 0 rg BT 175.69 194.25 Td (unamortized ) Tj ET Q q 0 0 0 rg BT 227.87 194.25 Td (development ) Tj ET Q q 0 0 0 rg BT 281.71 194.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 303.91 194.25 Td (are ) Tj ET Q q 0 0 0 rg BT 318.32 194.25 Td (reported ) Tj ET Q q 0 0 0 rg BT 353.83 194.25 Td (on ) Tj ET Q q 0 0 0 rg BT 366.03 194.25 Td (the ) Tj ET Q q 0 0 0 rg BT 380.44 194.25 Td (Company) Tj ET Q q 0 0 0 rg BT 422.10 194.25 Td (s ) Tj ET Q q 0 0 0 rg BT 428.19 194.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 474.83 194.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 529.80 194.25 Td (Balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.25 Td (Sheets, ) Tj ET Q q 0 0 0 rg BT 80.72 182.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 128.38 182.25 Td (. ) Tj ET Q q 0 0 0 rg BT 132.99 182.25 Td (During ) Tj ET Q q 0 0 0 rg BT 163.42 182.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.75 182.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.74 182.25 Td ( ) Tj ET Q q 0 0 0 rg BT 199.84 182.25 Td (months ) Tj ET Q q 0 0 0 rg BT 231.40 182.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.39 182.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 300.59 182.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.59 182.25 Td ( ) Tj ET Q q 0 0 0 rg BT 322.70 182.25 Td (and ) Tj ET Q q 0 0 0 rg BT 339.25 182.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 363.86 182.25 Td (the ) Tj ET Q q 0 0 0 rg BT 378.18 182.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 419.18 182.25 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 182.25 Td ($833 ) Tj ET Q q 0 0 0 rg BT 487.26 182.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.36 182.25 Td ( ) Tj ET Q q 0 0 0 rg BT 525.47 182.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.02 182.25 Td ($596 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.11 170.25 Td (, ) Tj ET Q q 0 0 0 rg BT 91.22 170.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 138.88 170.25 Td (, ) Tj ET Q q 0 0 0 rg BT 144.00 170.25 Td (of ) Tj ET Q q 0 0 0 rg BT 154.94 170.25 Td (amortization ) Tj ET Q q 0 0 0 rg BT 208.09 170.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 242.91 170.25 Td (with ) Tj ET Q q 0 0 0 rg BT 263.30 170.25 Td (regards ) Tj ET Q q 0 0 0 rg BT 295.35 170.25 Td (to ) Tj ET Q q 0 0 0 rg BT 305.74 170.25 Td (these ) Tj ET Q q 0 0 0 rg BT 328.90 170.25 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 374.82 170.25 Td (software ) Tj ET Q q 0 0 0 rg BT 411.86 170.25 Td (development ) Tj ET Q q 0 0 0 rg BT 466.13 170.25 Td (costs, ) Tj ET Q q 0 0 0 rg BT 491.24 170.25 Td (which ) Tj ET Q q 0 0 0 rg BT 518.29 170.25 Td (is ) Tj ET Q q 0 0 0 rg BT 527.58 170.25 Td (included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.25 Td (in ) Tj ET Q q 0 0 0 rg BT 59.50 158.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 81.22 158.25 Td (of ) Tj ET Q q 0 0 0 rg BT 91.27 158.25 Td (services ) Tj ET Q q 0 0 0 rg BT 125.20 158.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 162.47 158.25 Td (in ) Tj ET Q q 0 0 0 rg BT 171.97 158.25 Td (the ) Tj ET Q q 0 0 0 rg BT 185.91 158.25 Td (Company) Tj ET Q q 0 0 0 rg BT 227.57 158.25 Td (s ) Tj ET Q q 0 0 0 rg BT 233.18 158.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 279.34 158.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 333.84 158.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 379.44 158.25 Td (of ) Tj ET Q q 0 0 0 rg BT 389.49 158.25 Td (Income. ) Tj ET Q q 0 0 0 rg BT 423.57 158.25 Td (The ) Tj ET Q q 0 0 0 rg BT 440.84 158.25 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 485.87 158.25 Td (continuing ) Tj ET Q q 0 0 0 rg BT 530.36 158.25 Td (medical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.25 Td (education ) Tj ET Q q 0 0 0 rg BT 91.65 146.25 Td (product ) Tj ET Q q 0 0 0 rg BT 124.97 146.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 147.75 146.25 Td (are ) Tj ET Q q 0 0 0 rg BT 162.74 146.25 Td (being ) Tj ET Q q 0 0 0 rg BT 187.73 146.25 Td (amortized ) Tj ET Q q 0 0 0 rg BT 230.49 146.25 Td (using ) Tj ET Q q 0 0 0 rg BT 254.93 146.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.15 146.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.14 146.25 Td (-year ) Tj ET Q q 0 0 0 rg BT 305.45 146.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.01 146.25 Td (five) Tj ET Q BT 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10.00 Tf ET q 0 0 0 rg BT 95.50 444.07 Td (2020 \(Remaining nine months\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 444.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 444.07 Td (4,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.50 444.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 444.07 Td (148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.50 444.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 444.07 Td (5,023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 430.07 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 430.07 Td (4,814) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 430.07 Td (190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 430.07 Td (5,004) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 416.07 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 416.07 Td (3,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 416.07 Td (160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 416.07 Td (3,651) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 402.07 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 402.07 Td (2,870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 402.07 Td (99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 402.07 Td (2,969) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 388.07 Td (2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 388.07 Td (1,510) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 388.07 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 388.07 Td (1,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 374.07 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 374.07 Td (1,505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 374.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 374.07 Td (1,505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 360.07 Td (T) Tj ET Q q 0 0 0 rg BT 101.26 360.07 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 360.07 Td (19,065) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 360.07 Td (674) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.60 360.07 Td (19,739) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 346.07 Td (Less: present value discount*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.30 346.12 Td (\(2,628) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 346.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 346.12 Td (\(77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 346.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.30 346.12 Td (\(2,705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 346.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 332.07 Td ( Present value of lease liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 332.07 Td (16,437) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 332.07 Td (597) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.60 332.07 Td (17,034) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 304.07 Td (Less: current portion of lease liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.30 304.12 Td (\(5,268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 304.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 304.12 Td (\(161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 304.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.30 304.12 Td (\(5,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 304.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 290.07 Td ( ) Tj ET Q q 0 0 0 rg BT 107.82 290.07 Td (T) Tj ET Q q 0 0 0 rg BT 113.23 290.07 Td (otal long-term lease liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 290.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 290.07 Td (1) Tj ET Q q 0 0 0 rg BT 382.65 290.07 Td (1,169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.50 290.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 290.07 Td (436) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.50 290.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.60 290.07 Td (1) Tj ET Q q 0 0 0 rg BT 491.60 290.07 Td (1,605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 262.07 Td (* ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 103.00 262.07 Td (The discount rate used was the incremental borrowing rates respective to the country where the assets are located.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 234.00 Td (The ) Tj ET Q q 0 0 0 rg BT 103.50 234.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 150.04 234.00 Td (net ) Tj ET Q q 0 0 0 rg BT 164.21 234.00 Td (assets ) Tj ET Q q 0 0 0 rg BT 189.49 234.00 Td (recorded ) Tj ET Q q 0 0 0 rg BT 226.42 234.00 Td (under ) Tj ET Q q 0 0 0 rg BT 251.15 234.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 290.86 234.00 Td (and ) Tj ET Q q 0 0 0 rg BT 307.26 234.00 Td (finance ) Tj ET Q q 0 0 0 rg BT 338.64 234.00 Td (leases ) Tj ET Q q 0 0 0 rg BT 364.47 234.00 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.85 234.00 Td ($16.6 ) Tj ET Q q 0 0 0 rg BT 410.30 234.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.20 234.00 Td ( ) Tj ET Q q 0 0 0 rg BT 441.15 234.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.54 234.00 Td ($19.5 ) Tj ET Q q 0 0 0 rg BT 482.00 234.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.89 234.00 Td ( ) Tj ET Q q 0 0 0 rg BT 512.84 234.00 Td (as ) Tj ET Q q 0 0 0 rg BT 523.13 234.00 Td (of ) Tj ET Q q 0 0 0 rg BT 533.41 234.00 Td (March, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 64.59 222.00 Td (2020, ) Tj ET Q q 0 0 0 rg BT 89.19 222.00 Td (and ) Tj ET Q q 0 0 0 rg BT 105.72 222.00 Td (December ) Tj ET Q q 0 0 0 rg BT 148.90 222.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 163.49 222.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 188.08 222.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 235.75 222.00 Td (. ) Tj ET Q q 0 0 0 rg BT 240.19 222.00 Td (The ) Tj ET Q q 0 0 0 rg BT 257.83 222.00 Td (lease ) Tj ET Q q 0 0 0 rg BT 279.91 222.00 Td (cost ) Tj ET Q q 0 0 0 rg BT 298.11 222.00 Td (is ) Tj ET Q q 0 0 0 rg BT 306.87 222.00 Td (recognized ) Tj ET Q q 0 0 0 rg BT 352.83 222.00 Td (in ) Tj ET Q q 0 0 0 rg BT 362.70 222.00 Td (our ) Tj ET Q q 0 0 0 rg BT 378.13 222.00 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 424.66 222.00 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 479.53 222.00 Td (Statement ) Tj ET Q q 0 0 0 rg BT 521.61 222.00 Td (of ) Tj ET Q q 0 0 0 rg BT 532.03 222.00 Td (Income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 210.00 Td (in ) Tj ET Q q 0 0 0 rg BT 60.28 210.00 Td (the ) Tj ET Q q 0 0 0 rg BT 75.00 210.00 Td (category ) Tj ET Q q 0 0 0 rg BT 111.92 210.00 Td (of ) Tj ET Q q 0 0 0 rg BT 122.75 210.00 Td (General ) Tj ET Q q 0 0 0 rg BT 156.89 210.00 Td (and ) Tj ET Q q 0 0 0 rg BT 173.28 210.00 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 235.77 210.00 Td (and ) Tj ET Q q 0 0 0 rg BT 252.71 210.00 Td (is ) Tj ET Q q 0 0 0 rg BT 261.88 210.00 Td (summarized ) Tj ET Q q 0 0 0 rg BT 313.25 210.00 Td (as ) Tj ET Q q 0 0 0 rg BT 324.08 210.00 Td (follows:) Tj ET Q endstream endobj 65 0 obj <>] /Rotate 0 /Contents 66 0 R>> endobj 66 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (30) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 99.00 681.50 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 681.50 96.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 681.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 681.50 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 99.00 651.50 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 651.50 96.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 651.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 651.50 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 99.00 621.50 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 621.50 96.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 621.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 621.50 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 99.00 591.50 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 591.50 96.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 591.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 591.50 89.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322 724.5 m 418 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 724.5 m 423 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 724.5 m 512 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322 696.5 m 418 696.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 696.5 m 512 696.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322 681.5 m 418 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 681.5 m 423 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 681.5 m 512 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322 621.5 m 418 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322 606.5 m 418 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 621.5 m 512 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 606.5 m 512 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322 591.5 m 418 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322 577.5 m 418 577.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322 575.5 m 418 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 591.5 m 512 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 577.5 m 512 577.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 575.5 m 512 575.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.00 729.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 387.58 729.18 Td (ee Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.65 715.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 413.44 715.18 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.50 701.18 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.00 701.18 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.05 686.18 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.50 671.17 Td (Operating Lease Cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.50 671.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 671.17 Td (2,082) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.50 671.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 671.17 Td (2,045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.50 656.17 Td (Finance Lease Cost:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.50 641.17 Td ( ) Tj ET Q q 0 0 0 rg BT 148.72 641.17 Td (Amortization of Lease ) Tj ET Q q 0 0 0 rg BT 240.64 641.17 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.50 641.17 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.50 641.17 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.50 626.17 Td ( Interest on Lease liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.50 626.17 Td (1) Tj ET Q q 0 0 0 rg BT 409.50 626.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.50 626.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.80 611.17 Td (Finance Lease Cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.50 611.17 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.50 611.17 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.50 596.17 Td (Sublease Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.80 596.22 Td (\(1) Tj ET Q q 0 0 0 rg BT 404.13 596.22 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 596.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.80 596.22 Td (\(265) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 596.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.85 581.18 Td (T) Tj ET Q q 0 0 0 rg BT 171.60 581.18 Td (otal Net Lease Cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.50 581.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.65 581.18 Td (2,025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.50 581.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 581.18 Td (1,808) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 553.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 553.00 Td (Other information about lease amounts recognized in our Condensed Consolidated Statement of Income is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.00 Td (summarized as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 151.50 500.50 226.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 500.50 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 151.50 470.50 226.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 470.50 82.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 500.5 m 459.5 500.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.90 505.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 403.60 505.18 Td (ch 31, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 490.17 Td (W) Tj ET Q q 0 0 0 rg BT 163.04 490.17 Td (eighted ) Tj ET Q q 0 0 0 rg BT 194.30 490.17 Td (A) Tj ET Q q 0 0 0 rg BT 200.87 490.17 Td (verage Lease ) Tj ET Q q 0 0 0 rg BT 255.37 490.17 Td (T) Tj ET Q q 0 0 0 rg BT 261.04 490.17 Td (erm - Operating Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.90 490.17 Td (3.8 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 475.17 Td (W) Tj ET Q q 0 0 0 rg BT 163.04 475.17 Td (eighted ) Tj ET Q q 0 0 0 rg BT 194.30 475.17 Td (A) Tj ET Q q 0 0 0 rg BT 200.87 475.17 Td (verage Lease ) Tj ET Q q 0 0 0 rg BT 255.37 475.17 Td (T) Tj ET Q q 0 0 0 rg BT 261.04 475.17 Td (erm - Finance Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.90 475.17 Td (3.8 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 460.17 Td (W) Tj ET Q q 0 0 0 rg BT 163.04 460.17 Td (eighted ) Tj ET Q q 0 0 0 rg BT 194.30 460.17 Td (A) Tj ET Q q 0 0 0 rg BT 200.87 460.17 Td (verage Discount Rate - Operating Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 460.17 Td (8.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 460.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 445.17 Td (W) Tj ET Q q 0 0 0 rg BT 162.64 445.17 Td (eighted ) Tj ET Q q 0 0 0 rg BT 194.02 445.17 Td (A) Tj ET Q q 0 0 0 rg BT 200.50 445.17 Td (verage Discount Rate - Finance Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 445.17 Td (7.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 445.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 393.00 Td (At ) Tj ET Q q 0 0 0 rg BT 97.87 393.00 Td (March, ) Tj ET Q q 0 0 0 rg BT 128.34 393.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 142.71 393.00 Td (2020, ) Tj ET Q q 0 0 0 rg BT 167.08 393.00 Td (our ) Tj ET Q q 0 0 0 rg BT 182.27 393.00 Td (lease ) Tj ET Q q 0 0 0 rg BT 204.13 393.00 Td (liability ) Tj ET Q q 0 0 0 rg BT 237.11 393.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.31 393.00 Td ($17.0 ) Tj ET Q q 0 0 0 rg BT 271.67 393.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.57 393.00 Td ( ) Tj ET Q q 0 0 0 rg BT 302.44 393.00 Td (does ) Tj ET Q q 0 0 0 rg BT 322.63 393.00 Td (not ) Tj ET Q q 0 0 0 rg BT 337.28 393.00 Td (include ) Tj ET Q q 0 0 0 rg BT 368.58 393.00 Td (certain ) Tj ET Q q 0 0 0 rg BT 397.66 393.00 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 455.89 393.00 Td (which ) Tj ET Q q 0 0 0 rg BT 482.20 393.00 Td (are ) Tj ET Q q 0 0 0 rg BT 496.27 393.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 535.35 393.00 Td (airport ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.00 Td (leases, ) Tj ET Q q 0 0 0 rg BT 80.91 381.00 Td (that ) Tj ET Q q 0 0 0 rg BT 100.43 381.00 Td (do ) Tj ET Q q 0 0 0 rg BT 114.96 381.00 Td (not ) Tj ET Q q 0 0 0 rg BT 132.26 381.00 Td (meet ) Tj ET Q q 0 0 0 rg BT 156.23 381.00 Td (the ) Tj ET Q q 0 0 0 rg BT 172.97 381.00 Td (definition ) Tj ET Q q 0 0 0 rg BT 216.38 381.00 Td (of ) Tj ET Q q 0 0 0 rg BT 229.24 381.00 Td (a ) Tj ET Q q 0 0 0 rg BT 238.21 381.00 Td (lease ) Tj ET Q q 0 0 0 rg BT 262.72 381.00 Td (under ) Tj ET Q q 0 0 0 rg BT 289.69 381.00 Td (T) Tj ET Q q 0 0 0 rg BT 295.10 381.00 Td (opic ) Tj ET Q q 0 0 0 rg BT 316.84 381.00 Td (842. ) Tj ET Q q 0 0 0 rg BT 338.87 381.00 Td (Such ) Tj ET Q q 0 0 0 rg BT 363.40 381.00 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 421.79 381.00 Td (represent ) Tj ET Q q 0 0 0 rg BT 462.97 381.00 Td (further ) Tj ET Q q 0 0 0 rg BT 494.70 381.00 Td (commitments ) Tj ET Q q 0 0 0 rg BT 553.67 381.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.00 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 369.00 Td ($81.1 ) Tj ET Q q 0 0 0 rg BT 135.26 369.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.15 369.00 Td ( ) Tj ET Q q 0 0 0 rg BT 166.65 369.00 Td (as ) Tj ET Q q 0 0 0 rg BT 177.48 369.00 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 137.50 330.50 259.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 330.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 330.50 73.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 137.50 302.50 259.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 302.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 302.50 73.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 137.50 274.50 259.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 274.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 274.50 73.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 137.5 344.5 m 396.5 344.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 344.5 m 473.5 344.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 330.5 m 473.5 330.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 260.5 m 473.5 260.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 247.5 m 473.5 247.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 245.5 m 473.5 245.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 140.00 349.18 Td (Y) Tj ET Q q 0 0 0 rg BT 146.11 349.18 Td (ear) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.20 349.18 Td (Commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 335.07 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.30 335.07 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 321.07 Td (2020 \(Remaining nine months\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 321.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 321.07 Td (17,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 307.07 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 307.07 Td (22,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 293.07 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 293.07 Td (20,558) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 279.07 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 279.07 Td (20,053) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 265.07 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 265.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 251.07 Td (T) Tj ET Q q 0 0 0 rg BT 145.41 251.07 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 251.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 251.07 Td (81,065) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 225.00 Td (Finance ) Tj ET Q q 0 0 0 rg BT 119.60 225.00 Td (leases ) Tj ET Q q 0 0 0 rg BT 145.41 225.00 Td (range ) Tj ET Q q 0 0 0 rg BT 169.56 225.00 Td (from ) Tj ET Q q 0 0 0 rg BT 190.94 225.00 Td (three ) Tj ET Q q 0 0 0 rg BT 212.86 225.00 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.58 225.00 Td (five ) Tj ET Q q 0 0 0 rg BT 240.07 225.00 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.17 225.00 Td ( ) Tj ET Q q 0 0 0 rg BT 263.11 225.00 Td (and ) Tj ET Q q 0 0 0 rg BT 279.48 225.00 Td (are ) Tj ET Q q 0 0 0 rg BT 293.63 225.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 332.78 225.00 Td (for ) Tj ET Q q 0 0 0 rg BT 346.38 225.00 Td (of) Tj ET Q q 0 0 0 rg BT 354.53 225.00 Td (fice ) Tj ET Q q 0 0 0 rg BT 371.46 225.00 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 418.11 225.00 Td (Rental ) Tj ET Q q 0 0 0 rg BT 446.15 225.00 Td (expense ) Tj ET Q q 0 0 0 rg BT 480.30 225.00 Td (for ) Tj ET Q q 0 0 0 rg BT 493.90 225.00 Td (of) Tj ET Q q 0 0 0 rg BT 502.05 225.00 Td (fice ) Tj ET Q q 0 0 0 rg BT 518.98 225.00 Td (and ) Tj ET Q q 0 0 0 rg BT 535.35 225.00 Td (airport ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.00 Td (facilities ) Tj ET Q q 0 0 0 rg BT 86.62 213.00 Td (and ) Tj ET Q q 0 0 0 rg BT 103.25 213.00 Td (certain ) Tj ET Q q 0 0 0 rg BT 132.64 213.00 Td (equipment ) Tj ET Q q 0 0 0 rg BT 177.05 213.00 Td (subject ) Tj ET Q q 0 0 0 rg BT 207.56 213.00 Td (to ) Tj ET Q q 0 0 0 rg BT 217.53 213.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 257.49 213.00 Td (leases ) Tj ET Q q 0 0 0 rg BT 283.56 213.00 Td (for ) Tj ET Q q 0 0 0 rg BT 297.41 213.00 Td (the ) Tj ET Q q 0 0 0 rg BT 311.82 213.00 Td (three ) Tj ET Q q 0 0 0 rg BT 333.99 213.00 Td (months ) Tj ET Q q 0 0 0 rg BT 365.63 213.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 391.70 213.00 Td (March ) Tj ET Q q 0 0 0 rg BT 419.99 213.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 434.68 213.00 Td (2020 ) Tj ET Q q 0 0 0 rg BT 456.87 213.00 Td (and ) Tj ET Q q 0 0 0 rg BT 473.50 213.00 Td (2019 ) Tj ET Q q 0 0 0 rg BT 495.70 213.00 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.44 213.00 Td ($6.4 ) Tj ET Q q 0 0 0 rg BT 533.13 213.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 201.00 Td ($9.2 ) Tj ET Q q 0 0 0 rg BT 86.94 201.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.83 201.00 Td (, ) Tj ET Q q 0 0 0 rg BT 120.83 201.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 168.49 201.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 165.00 Td (Note 13: Concentrations of Cr) Tj ET Q q 0 0 0 rg BT 178.68 165.00 Td (edit Risk) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 139.43505859375 m 99.541015625 139.43505859375 l s q 0 0 0 rg BT 50.00 141.00 Td (Cr) Tj ET Q q 0 0 0 rg BT 61.48 141.00 Td (edit Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 115.80 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 115.80 Td (T) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.72 115.80 Td (he ) Tj ET Q q 0 0 0 rg BT 104.82 115.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 146.36 115.80 Td (is ) Tj ET Q q 0 0 0 rg BT 155.69 115.80 Td (potentially ) Tj ET Q q 0 0 0 rg BT 201.12 115.80 Td (subject ) Tj ET Q q 0 0 0 rg BT 232.10 115.80 Td (to ) Tj ET Q q 0 0 0 rg BT 242.54 115.80 Td (concentrations ) Tj ET Q q 0 0 0 rg BT 303.51 115.80 Td (of ) Tj ET Q q 0 0 0 rg BT 314.50 115.80 Td (credit ) Tj ET Q q 0 0 0 rg BT 339.92 115.80 Td (risk ) Tj ET Q q 0 0 0 rg BT 357.58 115.80 Td (in ) Tj ET Q q 0 0 0 rg BT 368.01 115.80 Td (its ) Tj ET Q q 0 0 0 rg BT 380.12 115.80 Td (accounts ) Tj ET Q q 0 0 0 rg BT 417.77 115.80 Td (receivable. ) Tj ET Q q 0 0 0 rg BT 466.50 115.80 Td (Credit ) Tj ET Q q 0 0 0 rg BT 494.16 115.80 Td (risk ) Tj ET Q q 0 0 0 rg BT 511.82 115.80 Td (is ) Tj ET Q q 0 0 0 rg BT 521.14 115.80 Td (the ) Tj ET Q q 0 0 0 rg BT 536.02 115.80 Td (risk ) Tj ET Q q 0 0 0 rg BT 553.68 115.80 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 103.80 Td (an ) Tj ET Q q 0 0 0 rg BT 61.90 103.80 Td (unexpected ) Tj ET Q q 0 0 0 rg BT 109.89 103.80 Td (loss ) Tj ET Q q 0 0 0 rg BT 127.92 103.80 Td (if ) Tj ET Q q 0 0 0 rg BT 136.48 103.80 Td (a ) Tj ET Q q 0 0 0 rg BT 143.38 103.80 Td (customer ) Tj ET Q q 0 0 0 rg BT 182.50 103.80 Td (fails ) Tj ET Q q 0 0 0 rg BT 202.18 103.80 Td (to ) Tj ET Q q 0 0 0 rg BT 212.42 103.80 Td (meet ) Tj ET Q q 0 0 0 rg BT 234.31 103.80 Td (its ) Tj ET Q q 0 0 0 rg BT 246.22 103.80 Td (contractual ) Tj ET Q q 0 0 0 rg BT 293.10 103.80 Td (obligations. ) Tj ET Q q 0 0 0 rg BT 344.83 103.80 Td (The ) Tj ET Q q 0 0 0 rg BT 362.83 103.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 404.18 103.80 Td (can ) Tj ET Q q 0 0 0 rg BT 420.52 103.80 Td (be ) Tj ET Q q 0 0 0 rg BT 432.42 103.80 Td (directly ) Tj ET Q q 0 0 0 rg BT 465.42 103.80 Td (af) Tj ET Q q 0 0 0 rg BT 473.01 103.80 Td (fected ) Tj ET Q q 0 0 0 rg BT 499.90 103.80 Td (by ) Tj ET Q q 0 0 0 rg BT 512.36 103.80 Td (the ) Tj ET Q q 0 0 0 rg BT 527.03 103.80 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.80 Td (condition ) Tj ET Q q 0 0 0 rg BT 90.51 91.80 Td (of ) Tj ET Q q 0 0 0 rg BT 101.58 91.80 Td (its ) Tj ET Q q 0 0 0 rg BT 113.77 91.80 Td (customers, ) Tj ET Q q 0 0 0 rg BT 159.56 91.80 Td (the ) Tj ET Q q 0 0 0 rg BT 174.52 91.80 Td (loss ) Tj ET Q q 0 0 0 rg BT 192.82 91.80 Td (or ) Tj ET Q q 0 0 0 rg BT 203.89 91.80 Td (substantial ) Tj ET Q q 0 0 0 rg BT 249.41 91.80 Td (reduction ) Tj ET Q q 0 0 0 rg BT 289.91 91.80 Td (in ) Tj ET Q q 0 0 0 rg BT 300.43 91.80 Td (business ) Tj ET Q q 0 0 0 rg BT 337.06 91.80 Td (activity ) Tj ET Q q 0 0 0 rg BT 369.79 91.80 Td (with ) Tj ET Q q 0 0 0 rg BT 390.31 91.80 Td (its ) Tj ET Q q 0 0 0 rg BT 402.50 91.80 Td (customers, ) Tj ET Q q 0 0 0 rg BT 448.29 91.80 Td (or ) Tj ET Q q 0 0 0 rg BT 459.36 91.80 Td (the ) Tj ET Q q 0 0 0 rg BT 474.32 91.80 Td (inability ) Tj ET Q q 0 0 0 rg BT 510.39 91.80 Td (of ) Tj ET Q q 0 0 0 rg BT 521.46 91.80 Td (customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.80 Td (to ) Tj ET Q q 0 0 0 rg BT 60.87 79.80 Td (pay ) Tj ET Q q 0 0 0 rg BT 78.41 79.80 Td (its ) Tj ET Q q 0 0 0 rg BT 90.95 79.80 Td (invoices. ) Tj ET Q q 0 0 0 rg BT 132.15 79.80 Td (While ) Tj ET Q q 0 0 0 rg BT 159.67 79.80 Td (customer ) Tj ET Q q 0 0 0 rg BT 199.42 79.80 Td (activity ) Tj ET Q q 0 0 0 rg BT 232.51 79.80 Td (and ) Tj ET Q q 0 0 0 rg BT 250.04 79.80 Td (financial ) Tj ET Q q 0 0 0 rg BT 288.12 79.80 Td (condition ) Tj ET Q q 0 0 0 rg BT 328.99 79.80 Td (could ) Tj ET Q q 0 0 0 rg BT 354.30 79.80 Td (have ) Tj ET Q q 0 0 0 rg BT 376.27 79.80 Td (a ) Tj ET Q q 0 0 0 rg BT 383.80 79.80 Td (material ) Tj ET Q q 0 0 0 rg BT 419.66 79.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 449.96 79.80 Td (on ) Tj ET Q q 0 0 0 rg BT 463.06 79.80 Td (the ) Tj ET Q q 0 0 0 rg BT 478.37 79.80 Td (Company) Tj ET Q q 0 0 0 rg BT 520.03 79.80 Td (s ) Tj ET Q q 0 0 0 rg BT 527.02 79.80 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 67.80 Td (statements, ) Tj ET Q q 0 0 0 rg BT 96.78 67.80 Td (management ) Tj ET Q q 0 0 0 rg BT 149.94 67.80 Td (does ) Tj ET Q q 0 0 0 rg BT 170.35 67.80 Td (not ) Tj ET Q q 0 0 0 rg BT 185.20 67.80 Td (believe ) Tj ET Q q 0 0 0 rg BT 216.14 67.80 Td (significant ) Tj ET Q q 0 0 0 rg BT 260.42 67.80 Td (credit ) Tj ET Q q 0 0 0 rg BT 285.26 67.80 Td (risk ) Tj ET Q q 0 0 0 rg BT 302.33 67.80 Td (exists ) Tj ET Q q 0 0 0 rg BT 327.18 67.80 Td (at ) Tj ET Q q 0 0 0 rg BT 336.47 67.80 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.54 67.80 Td (March31, ) Tj ET Q q 0 0 0 rg BT 381.71 67.80 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.71 67.80 Td (. ) Tj ET Q q 0 0 0 rg BT 406.13 67.80 Td (The ) Tj ET Q q 0 0 0 rg BT 423.75 67.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 464.71 67.80 Td (had ) Tj ET Q q 0 0 0 rg BT 481.22 67.80 Td (one ) Tj ET Q q 0 0 0 rg BT 497.73 67.80 Td (customer ) Tj ET Q q 0 0 0 rg BT 536.46 67.80 Td (whose ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 55.80 Td (accounts ) Tj ET Q q 0 0 0 rg BT 87.49 55.80 Td (receivable ) Tj ET Q q 0 0 0 rg BT 131.06 55.80 Td (balance ) Tj ET Q q 0 0 0 rg BT 164.10 55.80 Td (represented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.68 55.80 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.01 55.80 Td ( ) Tj ET Q q 0 0 0 rg BT 233.51 55.80 Td (or ) Tj ET Q q 0 0 0 rg BT 244.34 55.80 Td (more ) Tj ET Q q 0 0 0 rg BT 267.39 55.80 Td (of ) Tj ET Q q 0 0 0 rg BT 278.22 55.80 Td (the ) Tj ET Q q 0 0 0 rg BT 292.93 55.80 Td (Company) Tj ET Q q 0 0 0 rg BT 334.60 55.80 Td (s ) Tj ET Q q 0 0 0 rg BT 340.99 55.80 Td (total ) Tj ET Q q 0 0 0 rg BT 361.26 55.80 Td (accounts ) Tj ET Q q 0 0 0 rg BT 398.75 55.80 Td (receivable ) Tj ET Q q 0 0 0 rg BT 442.33 55.80 Td (at ) Tj ET Q q 0 0 0 rg BT 452.05 55.80 Td (March ) Tj ET Q q 0 0 0 rg BT 480.64 55.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 495.64 55.80 Td (2020.) Tj ET Q endstream endobj 67 0 obj <>] /Rotate 0 /Contents 68 0 R>> endobj 68 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (31) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 718.10 Td (14: ) Tj ET Q q 0 0 0 rg BT 88.32 718.10 Td (Other) Tj ET Q q 0 0 0 rg BT 113.69 718.10 Td ( ) Tj ET Q q 0 0 0 rg BT 116.19 718.10 Td (Curr) Tj ET Q q 0 0 0 rg BT 137.67 718.10 Td (ent ) Tj ET Q q 0 0 0 rg BT 153.50 718.10 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 694.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 111.27 694.10 Td (current ) Tj ET Q q 0 0 0 rg BT 142.08 694.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 181.80 694.10 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.52 694.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 235.12 694.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.12 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 257.62 694.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.55 694.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 333.14 694.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.14 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 355.64 694.10 Td (consisted ) Tj ET Q q 0 0 0 rg BT 395.36 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 406.19 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 420.90 694.10 Td (following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 631.60 382.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 631.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 631.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 631.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 601.60 382.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 601.60 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 601.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 601.60 63.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 659.6 m 495.5 659.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 659.6 m 562.5 659.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 659.6 m 495.5 659.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 645.6 m 495.5 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 645.6 m 562.5 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 631.6 m 495.5 631.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 631.6 m 499.5 631.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 631.6 m 562.5 631.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 601.6 m 495.5 601.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 588.6 m 495.5 588.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 586.6 m 495.5 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 601.6 m 562.5 601.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 588.6 m 562.5 588.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 586.6 m 562.5 586.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.65 674.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 460.44 674.28 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.50 664.28 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.90 674.28 Td (December) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 513.00 664.28 Td (31, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.65 650.28 Td (\(Unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 636.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.00 636.28 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 621.27 Td (Customer advances \(deposits\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.00 621.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 621.27 Td (18,718) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.00 621.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 621.27 Td (22,573) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 606.27 Td (Acquisition obligations \(upfront purchase and contingent consideration\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.15 606.27 Td (4,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 606.27 Td (6,762) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 592.17 Td (T) Tj ET Q q 0 0 0 rg BT 58.41 592.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.00 592.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 592.17 Td (22,892) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.00 592.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 592.17 Td (29,335) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 72.49 552.10 Td (15: ) Tj ET Q q 0 0 0 rg BT 88.32 552.10 Td (Subsequent ) Tj ET Q q 0 0 0 rg BT 140.29 552.10 Td (Events) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 528.10 Td (On ) Tj ET Q q 0 0 0 rg BT 100.55 528.10 Td (May ) Tj ET Q q 0 0 0 rg BT 121.20 528.10 Td (7, ) Tj ET Q q 0 0 0 rg BT 131.03 528.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 155.85 528.10 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 177.07 528.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 208.82 528.10 Td (into ) Tj ET Q q 0 0 0 rg BT 226.70 528.10 Td (the ) Tj ET Q q 0 0 0 rg BT 241.07 528.10 Td (T) Tj ET Q q 0 0 0 rg BT 246.48 528.10 Td (enth ) Tj ET Q q 0 0 0 rg BT 265.51 528.10 Td (Amendment ) Tj ET Q q 0 0 0 rg BT 317.27 528.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 335.14 528.10 Td (Amendment\) ) Tj ET Q q 0 0 0 rg BT 399.11 528.10 Td (to ) Tj ET Q q 0 0 0 rg BT 409.21 528.10 Td (the ) Tj ET Q q 0 0 0 rg BT 423.76 528.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 450.56 528.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 499.81 528.10 Td (dated ) Tj 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(description ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 409.40 504.10 Td (below ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 436.60 504.10 Td (but ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 452.14 504.10 Td (not ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 467.67 504.10 Td (defined ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 500.41 504.10 Td (herein ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 528.16 504.10 Td (have ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 549.79 504.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 50.00 492.10 Td (meanings ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 90.83 492.10 Td (given ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 115.54 492.10 Td (to ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 125.82 492.10 Td (such ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 146.65 492.10 Td (terms ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 171.37 492.10 Td (in ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 181.65 492.10 Td (the ) Tj ET Q q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 195.81 492.10 Td (Amendment.) Tj ET Q BT /F1 10.00 Tf ET q 0.12941176470588237 0.1450980392156863 0.1607843137254902 rg BT 50.00 472.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 86.00 472.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.28 472.10 Td (Amendment ) Tj ET Q q 0 0 0 rg BT 154.95 472.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 191.61 472.10 Td (for) Tj ET Q q 0 0 0 rg BT 202.87 472.10 Td (, ) Tj ET Q q 0 0 0 rg BT 207.60 472.10 Td (among ) Tj ET Q q 0 0 0 rg BT 237.05 472.10 Td (other ) Tj ET Q q 0 0 0 rg BT 259.82 472.10 Td (things, ) Tj ET Q q 0 0 0 rg BT 289.00 472.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 328.98 472.10 Td (flexibility ) Tj ET Q q 0 0 0 rg BT 370.65 472.10 Td (under ) Tj ET Q q 0 0 0 rg BT 395.65 472.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.10 472.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 465.10 472.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 481.77 472.10 Td (Leverage ) Tj ET Q q 0 0 0 rg BT 521.19 472.10 Td (Covenant, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.21 460.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 98.97 460.10 Td (of ) Tj ET Q q 0 0 0 rg BT 109.30 460.10 Td (a ) Tj ET Q q 0 0 0 rg BT 115.73 460.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 156.61 460.10 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 192.50 460.10 Td (covenant, ) Tj ET Q q 0 0 0 rg BT 233.08 460.10 Td (the ) Tj ET Q q 0 0 0 rg BT 247.29 460.10 Td (addition ) Tj ET Q q 0 0 0 rg BT 282.06 460.10 Td (of ) Tj ET Q q 0 0 0 rg BT 292.38 460.10 Td (an ) Tj ET Q q 0 0 0 rg BT 303.81 460.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 331.90 460.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 351.66 460.10 Td (flow ) Tj ET Q q 0 0 0 rg BT 371.98 460.10 Td (test ) Tj ET Q q 0 0 0 rg BT 387.86 460.10 Td (for ) Tj ET Q q 0 0 0 rg BT 401.51 460.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.72 460.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 439.37 460.10 Td (year ) Tj ET Q q 0 0 0 rg BT 458.57 460.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 484.44 460.10 Td (December ) Tj ET Q q 0 0 0 rg BT 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Tj ET Q q 0 0 0 rg BT 98.33 412.10 Td (\(generally ) Tj ET Q q 0 0 0 rg BT 141.36 412.10 Td (less ) Tj ET Q q 0 0 0 rg BT 158.86 412.10 Td (than ) Tj ET Q q 0 0 0 rg BT 178.57 412.10 Td (3.25x\).) 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 484.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 104.47 484.25 Td (actual ) Tj ET Q q 0 0 0 rg BT 131.27 484.25 Td (results ) Tj ET Q q 0 0 0 rg BT 160.30 484.25 Td (may ) Tj ET Q q 0 0 0 rg BT 180.43 484.25 Td (dif) Tj ET Q q 0 0 0 rg BT 191.36 484.25 Td (fer ) Tj ET Q q 0 0 0 rg BT 205.38 484.25 Td (materially ) Tj ET Q q 0 0 0 rg BT 248.84 484.25 Td (from ) Tj ET Q q 0 0 0 rg BT 271.20 484.25 Td (those ) Tj ET Q q 0 0 0 rg BT 295.23 484.25 Td (expressed ) Tj ET Q q 0 0 0 rg BT 337.58 484.25 Td (or ) Tj ET Q q 0 0 0 rg BT 348.83 484.25 Td (implied ) Tj ET Q q 0 0 0 rg BT 382.31 484.25 Td (in ) Tj ET Q q 0 0 0 rg BT 393.00 484.25 Td (these ) Tj ET Q q 0 0 0 rg BT 416.47 484.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 484.93 484.25 Td (statements. ) Tj ET Q q 0 0 0 rg BT 532.56 484.25 Td (Factors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (that ) Tj ET Q q 0 0 0 rg BT 67.83 472.25 Td (may ) Tj ET Q q 0 0 0 rg BT 87.88 472.25 Td (cause ) Tj ET Q q 0 0 0 rg BT 112.92 472.25 Td (such ) Tj ET Q q 0 0 0 rg BT 134.09 472.25 Td (a ) Tj ET Q q 0 0 0 rg BT 141.36 472.25 Td (dif) Tj ET Q q 0 0 0 rg BT 152.29 472.25 Td (ference ) Tj ET Q q 0 0 0 rg BT 184.54 472.25 Td (include, ) Tj ET Q q 0 0 0 rg BT 219.30 472.25 Td (but ) Tj ET Q q 0 0 0 rg BT 234.92 472.25 Td (are ) Tj ET Q q 0 0 0 rg BT 249.96 472.25 Td (not ) Tj ET Q q 0 0 0 rg BT 265.57 472.25 Td (limited ) Tj ET Q q 0 0 0 rg BT 296.74 472.25 Td (to, ) Tj ET Q q 0 0 0 rg BT 309.85 472.25 Td (those ) Tj ET Q q 0 0 0 rg BT 333.79 472.25 Td (discussed ) Tj ET Q q 0 0 0 rg BT 374.96 472.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 385.56884765625 470.9169921875 m 564.49462890625 470.9169921875 l s q 0 0 1 rg BT 385.57 472.25 Td (PartI, ) Tj ET Q q 0 0 1 rg BT 412.84 472.25 Td (Item1A, ) Tj ET Q q 0 0 1 rg BT 451.22 472.25 Td (Risk ) Tj ET Q q 0 0 1 rg BT 476.84 472.25 Td (Factors ) Tj ET Q q 0 0 1 rg BT 513.55 472.25 Td (in ) Tj ET Q q 0 0 1 rg BT 524.16 472.25 Td (our ) Tj ET Q q 0 0 1 rg BT 540.32 472.25 Td (Form ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 458.9169921875 m 395.646484375 458.9169921875 l s q 0 0 1 rg BT 50.00 460.25 Td (10-K ) Tj ET Q q 0 0 1 rg BT 73.07 460.25 Td (for ) Tj ET Q q 0 0 1 rg BT 87.25 460.25 Td (the ) Tj ET Q q 0 0 1 rg BT 101.98 460.25 Td (year ) Tj ET Q q 0 0 1 rg BT 121.71 460.25 Td (ended ) Tj ET Q q 0 0 1 rg BT 148.11 460.25 Td (December ) Tj ET Q q 0 0 1 rg BT 191.71 460.25 Td (31, ) Tj ET Q q 0 0 1 rg BT 206.73 460.25 Td (2019 ) Tj ET Q q 0 0 1 rg BT 229.25 460.25 Td (which ) Tj ET Q q 0 0 1 rg BT 256.20 460.25 Td (is ) Tj ET Q q 0 0 1 rg BT 265.39 460.25 Td (incorporated ) Tj ET Q q 0 0 1 rg BT 318.44 460.25 Td (by ) Tj ET Q q 0 0 1 rg BT 330.96 460.25 Td (reference ) Tj ET Q q 0 0 1 rg BT 370.66 460.25 Td (herein) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 395.65 460.25 Td (, ) Tj ET Q q 0 0 0 rg BT 400.67 460.25 Td (and ) Tj ET Q q 0 0 0 rg BT 417.62 460.25 Td (in ) Tj ET Q q 0 0 0 rg BT 427.92 460.25 Td (Part ) Tj ET Q q 0 0 0 rg BT 446.55 460.25 Td (II, ) Tj ET Q q 0 0 0 rg BT 458.22 460.25 Td (Item ) Tj ET Q q 0 0 0 rg BT 479.07 460.25 Td (1A) Tj ET Q q 0 0 0 rg BT 490.74 460.25 Td ( ) Tj ET Q q 0 0 0 rg BT 493.26 460.25 Td ("Risk ) Tj ET Q q 0 0 0 rg BT 518.20 460.25 Td (Factors" ) Tj ET Q q 0 0 0 rg BT 554.24 460.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.25 Td (this ) Tj ET Q q 0 0 0 rg BT 66.99 448.25 Td (Form ) Tj ET Q q 0 0 0 rg BT 91.20 448.25 Td (10-Q, ) Tj ET Q q 0 0 0 rg BT 116.79 448.25 Td (including ) Tj ET Q q 0 0 0 rg BT 157.11 448.25 Td (but ) Tj ET Q q 0 0 0 rg BT 172.42 448.25 Td (not ) Tj ET Q q 0 0 0 rg BT 187.74 448.25 Td (limited ) Tj ET Q q 0 0 0 rg BT 218.61 448.25 Td (to: ) Tj ET Q q 0 0 0 rg BT 231.71 448.25 Td (the ) Tj ET Q q 0 0 0 rg BT 246.47 448.25 Td (willingness ) Tj ET Q q 0 0 0 rg BT 294.57 448.25 Td (of ) Tj ET Q q 0 0 0 rg BT 305.44 448.25 Td (independent ) Tj ET Q q 0 0 0 rg BT 356.85 448.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 397.70 448.25 Td (agencies ) Tj ET Q q 0 0 0 rg BT 434.67 448.25 Td (to ) Tj ET Q q 0 0 0 rg BT 444.99 448.25 Td (outsource ) Tj ET Q q 0 0 0 rg BT 486.41 448.25 Td (their ) Tj ET Q q 0 0 0 rg BT 507.27 448.25 Td (computer ) Tj ET Q q 0 0 0 rg BT 547.58 448.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.25 Td (other ) Tj ET Q q 0 0 0 rg BT 73.66 436.25 Td (processing ) Tj ET Q q 0 0 0 rg BT 119.54 436.25 Td (needs ) Tj ET Q q 0 0 0 rg BT 145.42 436.25 Td (to ) Tj ET Q q 0 0 0 rg BT 156.31 436.25 Td (third ) Tj ET Q q 0 0 0 rg BT 178.31 436.25 Td (parties; ) Tj ET Q q 0 0 0 rg BT 210.85 436.25 Td (pricing ) Tj ET Q q 0 0 0 rg BT 242.29 436.25 Td (and ) Tj ET Q q 0 0 0 rg BT 259.84 436.25 Td (other ) Tj ET Q q 0 0 0 rg BT 283.50 436.25 Td (competitive ) Tj ET Q q 0 0 0 rg BT 333.82 436.25 Td (pressures ) Tj ET Q q 0 0 0 rg BT 374.14 436.25 Td (and ) Tj ET Q q 0 0 0 rg BT 391.69 436.25 Td (the ) Tj ET Q q 0 0 0 rg BT 407.02 436.25 Td (Company) Tj ET Q q 0 0 0 rg BT 448.69 436.25 Td (s ) Tj ET Q q 0 0 0 rg BT 455.69 436.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 484.35 436.25 Td (to ) Tj ET Q q 0 0 0 rg BT 495.24 436.25 Td (gain ) Tj ET Q q 0 0 0 rg BT 515.57 436.25 Td (or ) Tj ET Q q 0 0 0 rg BT 527.01 436.25 Td (maintain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 424.25 Td (share ) Tj ET Q q 0 0 0 rg BT 73.68 424.25 Td (of ) Tj ET Q q 0 0 0 rg BT 84.59 424.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 106.61 424.25 Td (as ) Tj ET Q q 0 0 0 rg BT 117.52 424.25 Td (a ) Tj ET Q q 0 0 0 rg BT 124.53 424.25 Td (result ) Tj ET Q q 0 0 0 rg BT 149.33 424.25 Td (of ) Tj ET Q q 0 0 0 rg BT 160.24 424.25 Td (actions ) Tj ET Q q 0 0 0 rg BT 191.14 424.25 Td (by ) Tj ET Q q 0 0 0 rg BT 203.72 424.25 Td (competitors ) Tj ET Q q 0 0 0 rg BT 253.52 424.25 Td (and ) Tj ET Q q 0 0 0 rg BT 270.53 424.25 Td (others; ) Tj ET Q q 0 0 0 rg BT 300.33 424.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 335.12 424.25 Td (in ) Tj ET Q q 0 0 0 rg BT 345.47 424.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 385.27 424.25 Td (in ) Tj ET Q q 0 0 0 rg BT 395.62 424.25 Td (critical ) Tj ET Q q 0 0 0 rg BT 425.96 424.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 472.41 424.25 Td (judgments; ) Tj ET Q q 0 0 0 rg BT 519.44 424.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 554.22 424.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 412.25 Td (or ) Tj ET Q q 0 0 0 rg BT 60.39 412.25 Td (failure ) Tj ET Q q 0 0 0 rg BT 88.55 412.25 Td (to ) Tj ET Q q 0 0 0 rg BT 98.39 412.25 Td (comply ) Tj ET Q q 0 0 0 rg BT 130.45 412.25 Td (with ) Tj ET Q q 0 0 0 rg BT 150.29 412.25 Td (laws ) Tj ET Q q 0 0 0 rg BT 170.68 412.25 Td (and ) Tj ET Q q 0 0 0 rg BT 187.18 412.25 Td (regulations, ) Tj ET Q q 0 0 0 rg BT 236.17 412.25 Td (including ) Tj ET Q q 0 0 0 rg BT 276.01 412.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 321.94 412.25 Td (standards, ) Tj ET Q q 0 0 0 rg BT 364.27 412.25 Td (taxation ) Tj ET Q q 0 0 0 rg BT 398.55 412.25 Td (requirements ) Tj ET Q q 0 0 0 rg BT 452.81 412.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 495.98 412.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 510.26 412.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 527.30 412.25 Td (changes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.25 Td (new ) Tj ET Q q 0 0 0 rg BT 70.25 400.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 86.06 400.25 Td (laws ) Tj ET Q q 0 0 0 rg BT 107.98 400.25 Td (and ) Tj ET Q q 0 0 0 rg BT 126.01 400.25 Td (revised ) Tj ET Q q 0 0 0 rg BT 158.47 400.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 174.28 400.25 Td (interpretations\) ) Tj ET Q q 0 0 0 rg BT 238.96 400.25 Td (in ) Tj ET Q q 0 0 0 rg BT 250.33 400.25 Td (domestic ) Tj ET Q q 0 0 0 rg BT 290.02 400.25 Td (or ) Tj ET Q q 0 0 0 rg BT 301.94 400.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 334.41 400.25 Td (jurisdictions; ) Tj ET Q q 0 0 0 rg BT 390.22 400.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 431.57 400.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 450.14 400.25 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 500.94 400.25 Td (and ) Tj ET Q q 0 0 0 rg BT 518.97 400.25 Td (other ) Tj ET Q q 0 0 0 rg BT 543.11 400.25 Td (risks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 93.33 388.25 Td (with ) Tj ET Q q 0 0 0 rg BT 113.35 388.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 163.37 388.25 Td (and ) Tj ET Q q 0 0 0 rg BT 180.05 388.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 223.95 388.25 Td (in ) Tj ET Q q 0 0 0 rg BT 233.96 388.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 265.08 388.25 Td (countries ) Tj ET Q q 0 0 0 rg BT 303.98 388.25 Td (\(particularly ) Tj ET Q q 0 0 0 rg BT 355.64 388.25 Td (in ) Tj ET Q q 0 0 0 rg BT 365.66 388.25 Td (India, ) Tj ET Q q 0 0 0 rg BT 390.45 388.25 Td (Australia, ) Tj ET Q q 0 0 0 rg BT 431.35 388.25 Td (Asia, ) Tj ET Q q 0 0 0 rg BT 454.43 388.25 Td (Latin ) Tj ET Q q 0 0 0 rg BT 477.28 388.25 Td (America, ) Tj ET Q q 0 0 0 rg BT 516.44 388.25 Td (and ) Tj ET Q q 0 0 0 rg BT 533.12 388.25 Td (Europe ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.25 Td (wherein ) Tj ET Q q 0 0 0 rg BT 85.52 376.25 Td (we ) Tj ET Q q 0 0 0 rg BT 100.48 376.25 Td (have ) Tj ET Q q 0 0 0 rg BT 122.67 376.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 168.19 376.25 Td (and/or ) Tj ET Q q 0 0 0 rg BT 197.04 376.25 Td (growing ) Tj ET Q q 0 0 0 rg BT 233.68 376.25 Td (operations\); ) Tj ET Q q 0 0 0 rg BT 284.75 376.25 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 335.27 376.25 Td (in ) Tj ET Q q 0 0 0 rg BT 346.36 376.25 Td (the ) Tj ET Q q 0 0 0 rg BT 361.88 376.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 390.19 376.25 Td (markets, ) Tj ET Q q 0 0 0 rg BT 427.65 376.25 Td (including ) Tj ET Q q 0 0 0 rg BT 468.73 376.25 Td (market ) Tj ET Q q 0 0 0 rg BT 499.80 376.25 Td (disruptions ) Tj ET Q q 0 0 0 rg BT 547.56 376.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 94.89 364.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 126.99 364.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 144.65 364.25 Td (fluctuations, ) Tj ET Q q 0 0 0 rg BT 197.04 364.25 Td (which ) Tj ET Q q 0 0 0 rg BT 224.15 364.25 Td (may ) Tj ET Q q 0 0 0 rg BT 244.04 364.25 Td (impede ) Tj ET Q q 0 0 0 rg BT 276.15 364.25 Td (our ) Tj ET Q q 0 0 0 rg BT 292.15 364.25 Td (access ) Tj ET Q q 0 0 0 rg BT 320.36 364.25 Td (to, ) Tj ET Q q 0 0 0 rg BT 333.31 364.25 Td (or ) Tj ET Q q 0 0 0 rg BT 344.31 364.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 379.74 364.25 Td (the ) Tj ET Q q 0 0 0 rg BT 394.63 364.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 413.41 364.25 Td (of, ) Tj ET Q q 0 0 0 rg BT 426.92 364.25 Td (external ) Tj ET Q q 0 0 0 rg BT 461.79 364.25 Td (financing; ) Tj ET Q q 0 0 0 rg BT 505.01 364.25 Td (the ) Tj ET Q q 0 0 0 rg BT 519.90 364.25 Td (impacts ) Tj ET Q q 0 0 0 rg BT 553.67 364.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.67 352.25 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 112.12 352.25 Td (global ) Tj ET Q q 0 0 0 rg BT 139.56 352.25 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 180.89 352.25 Td (on ) Tj ET Q q 0 0 0 rg BT 193.34 352.25 Td (our ) Tj ET Q q 0 0 0 rg BT 209.13 352.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 249.34 352.25 Td (performance; ) Tj ET Q q 0 0 0 rg BT 305.09 352.25 Td (and ) Tj ET Q q 0 0 0 rg BT 321.99 352.25 Td (international ) Tj ET Q q 0 0 0 rg BT 374.98 352.25 Td (conflict, ) Tj ET Q q 0 0 0 rg BT 410.47 352.25 Td (including ) Tj ET Q q 0 0 0 rg BT 450.70 352.25 Td (terrorist ) Tj ET Q q 0 0 0 rg BT 484.80 352.25 Td (acts. ) Tj ET Q q 0 0 0 rg BT 505.13 352.25 Td (The ) Tj ET Q q 0 0 0 rg BT 523.13 352.25 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (undertakes ) Tj ET Q q 0 0 0 rg BT 96.49 340.25 Td (no ) Tj ET Q q 0 0 0 rg BT 109.66 340.25 Td (obligation ) Tj ET Q q 0 0 0 rg BT 153.38 340.25 Td (to ) Tj ET Q q 0 0 0 rg BT 164.33 340.25 Td (update ) Tj ET Q q 0 0 0 rg BT 194.16 340.25 Td (any ) Tj ET Q q 0 0 0 rg BT 211.77 340.25 Td (such ) Tj ET Q q 0 0 0 rg BT 233.27 340.25 Td (factors, ) Tj ET Q q 0 0 0 rg BT 266.15 340.25 Td (or ) Tj ET Q q 0 0 0 rg BT 277.65 340.25 Td (to ) Tj ET Q q 0 0 0 rg BT 288.60 340.25 Td (publicly ) Tj ET Q q 0 0 0 rg BT 324.54 340.25 Td (announce ) Tj ET Q q 0 0 0 rg BT 366.03 340.25 Td (the ) Tj ET Q q 0 0 0 rg BT 381.42 340.25 Td (results ) Tj ET Q q 0 0 0 rg BT 410.70 340.25 Td (of, ) Tj ET Q q 0 0 0 rg BT 424.70 340.25 Td (or ) Tj ET Q q 0 0 0 rg BT 436.20 340.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 471.58 340.25 Td (to ) Tj ET Q q 0 0 0 rg BT 482.53 340.25 Td (any ) Tj ET Q q 0 0 0 rg BT 500.14 340.25 Td (of ) Tj ET Q q 0 0 0 rg BT 511.64 340.25 Td (the ) Tj ET Q q 0 0 0 rg BT 527.03 340.25 Td (forward-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.25 Td (looking ) Tj ET Q q 0 0 0 rg BT 83.06 328.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 127.77 328.25 Td (contained ) Tj ET Q q 0 0 0 rg BT 169.14 328.25 Td (herein ) Tj ET Q q 0 0 0 rg BT 196.63 328.25 Td (to ) Tj ET Q q 0 0 0 rg BT 206.90 328.25 Td (reflect ) Tj ET Q q 0 0 0 rg BT 234.94 328.25 Td (future ) Tj ET Q q 0 0 0 rg BT 261.31 328.25 Td (events, ) Tj ET Q q 0 0 0 rg BT 291.86 328.25 Td (developments, ) Tj ET Q q 0 0 0 rg BT 352.40 328.25 Td (changed ) Tj ET Q q 0 0 0 rg BT 388.22 328.25 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 449.86 328.25 Td (or ) Tj ET Q q 0 0 0 rg BT 460.69 328.25 Td (for ) Tj ET Q q 0 0 0 rg BT 474.85 328.25 Td (any ) Tj ET Q q 0 0 0 rg BT 491.79 328.25 Td (other ) Tj ET Q q 0 0 0 rg BT 514.83 328.25 Td (reason.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 306.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 111.84 306.25 Td (important ) Tj ET Q q 0 0 0 rg BT 153.79 306.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 184.07 306.25 Td (that ) Tj ET Q q 0 0 0 rg BT 202.13 306.25 Td (could ) Tj ET Q q 0 0 0 rg BT 227.42 306.25 Td (cause ) Tj ET Q q 0 0 0 rg BT 252.70 306.25 Td (actual ) Tj ET Q q 0 0 0 rg BT 279.64 306.25 Td (results ) Tj ET Q q 0 0 0 rg BT 308.82 306.25 Td (to ) Tj ET Q q 0 0 0 rg BT 319.67 306.25 Td (dif) Tj ET Q q 0 0 0 rg BT 330.60 306.25 Td (fer ) Tj ET Q q 0 0 0 rg BT 344.76 306.25 Td (materially ) Tj ET Q q 0 0 0 rg BT 388.37 306.25 Td (from ) Tj ET Q q 0 0 0 rg BT 410.88 306.25 Td (those ) Tj ET Q q 0 0 0 rg BT 435.06 306.25 Td (in ) Tj ET Q q 0 0 0 rg BT 445.91 306.25 Td (our ) Tj ET Q q 0 0 0 rg BT 462.31 306.25 Td (specific ) Tj ET Q q 0 0 0 rg BT 496.47 306.25 Td (forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 94.71 294.25 Td (included ) Tj ET Q q 0 0 0 rg BT 131.65 294.25 Td (in ) Tj ET Q q 0 0 0 rg BT 141.92 294.25 Td (this ) Tj ET Q q 0 0 0 rg BT 158.87 294.25 Td (Form ) Tj ET Q q 0 0 0 rg BT 183.04 294.25 Td (10-Q ) Tj ET Q q 0 0 0 rg BT 206.09 294.25 Td (include, ) Tj ET Q q 0 0 0 rg BT 240.53 294.25 Td (but ) Tj ET Q q 0 0 0 rg BT 255.81 294.25 Td (are ) Tj ET Q q 0 0 0 rg BT 270.51 294.25 Td (not ) Tj ET Q q 0 0 0 rg BT 285.79 294.25 Td (limited ) Tj ET Q q 0 0 0 rg BT 316.62 294.25 Td (to, ) Tj ET Q q 0 0 0 rg BT 329.40 294.25 Td (the ) Tj ET Q q 0 0 0 rg BT 344.12 294.25 Td (following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 270.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 270.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 140.45 270.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 168.89 270.25 Td (to ) Tj ET Q q 0 0 0 rg BT 179.57 270.25 Td (ef) Tj ET Q q 0 0 0 rg BT 187.16 270.25 Td (ficiently ) Tj ET Q q 0 0 0 rg BT 223.37 270.25 Td (and ) Tj 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rg BT 481.70 444.10 Td (functions, ) Tj ET Q q 0 0 0 rg BT 523.94 444.10 Td (is ) Tj ET Q q 0 0 0 rg BT 533.14 444.10 Td (located ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.10 Td (in ) Tj ET Q q 0 0 0 rg BT 60.29 432.10 Td (Johns ) Tj ET Q q 0 0 0 rg BT 85.58 432.10 Td (Creek, ) Tj ET Q q 0 0 0 rg BT 114.47 432.10 Td (Geor) Tj ET Q q 0 0 0 rg BT 134.28 432.10 Td (gia, ) Tj ET Q q 0 0 0 rg BT 151.50 432.10 Td (where ) Tj ET Q q 0 0 0 rg BT 178.44 432.10 Td (we ) Tj ET Q q 0 0 0 rg BT 192.61 432.10 Td (own ) Tj ET Q q 0 0 0 rg BT 212.34 432.10 Td (a ) Tj ET Q q 0 0 0 rg BT 219.29 432.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 269.00 432.10 Td (of) Tj ET Q q 0 0 0 rg BT 277.15 432.10 Td (fice ) Tj ET Q q 0 0 0 rg BT 294.64 432.10 Td (building. ) Tj ET Q q 0 0 0 rg BT 332.99 432.10 Td (In ) Tj ET Q q 0 0 0 rg BT 343.83 432.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 381.61 432.10 Td (the ) Tj ET Q q 0 0 0 rg BT 396.34 432.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 437.73 432.10 Td (and ) Tj ET Q q 0 0 0 rg BT 454.68 432.10 Td (its ) Tj ET Q q 0 0 0 rg BT 466.64 432.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 516.37 432.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 538.86 432.10 Td (of) Tj ET Q q 0 0 0 rg BT 547.01 432.10 Td (fice ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.10 Td (space ) Tj ET Q q 0 0 0 rg BT 76.81 420.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 118.62 420.10 Td (for ) Tj ET Q q 0 0 0 rg BT 134.89 420.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 158.93 420.10 Td (and ) Tj ET Q q 0 0 0 rg BT 177.97 420.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 224.23 420.10 Td (support ) Tj ET Q q 0 0 0 rg BT 258.83 420.10 Td (in ) Tj ET Q q 0 0 0 rg BT 271.21 420.10 Td (Salt ) Tj ET Q q 0 0 0 rg BT 291.37 420.10 Td (Lake ) Tj ET Q q 0 0 0 rg BT 315.96 420.10 Td (City) Tj ET Q q 0 0 0 rg BT 332.53 420.10 Td (, ) Tj ET Q q 0 0 0 rg BT 339.64 420.10 Td (Utah, ) Tj ET Q q 0 0 0 rg BT 366.18 420.10 Td (Pittsbur) Tj ET Q q 0 0 0 rg BT 397.12 420.10 Td (gh, ) Tj ET Q q 0 0 0 rg BT 414.22 420.10 Td (Pennsylvania, ) Tj ET Q q 0 0 0 rg BT 474.65 420.10 Td (Pasadena, ) Tj ET Q q 0 0 0 rg BT 518.96 420.10 Td (California, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.10 Td (Birmingham, ) Tj ET Q q 0 0 0 rg BT 104.95 408.10 Td (Alabama, ) Tj ET Q q 0 0 0 rg BT 145.98 408.10 Td (Irvine, ) Tj ET Q q 0 0 0 rg BT 174.79 408.10 Td (California ) Tj ET Q q 0 0 0 rg BT 217.77 408.10 Td (and ) Tj ET Q q 0 0 0 rg BT 234.65 408.10 Td (Phoenix, ) Tj ET Q q 0 0 0 rg BT 271.83 408.10 Td (Arizona. ) Tj ET Q q 0 0 0 rg BT 308.43 408.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 358.33 408.10 Td (, ) Tj ET Q q 0 0 0 rg BT 363.27 408.10 Td (the ) Tj ET Q q 0 0 0 rg BT 377.92 408.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 419.25 408.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 445.56 408.10 Td (of) Tj ET Q q 0 0 0 rg BT 453.71 408.10 Td (fice ) Tj ET Q q 0 0 0 rg BT 471.13 408.10 Td (space ) Tj ET Q q 0 0 0 rg BT 495.77 408.10 Td (in ) Tj ET Q q 0 0 0 rg BT 505.99 408.10 Td (New ) Tj ET Q q 0 0 0 rg BT 527.31 408.10 Td (Zealand, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.10 Td (Australia, ) Tj ET Q q 0 0 0 rg BT 92.18 396.10 Td (Singapore, ) Tj ET Q q 0 0 0 rg BT 138.25 396.10 Td (Dubai, ) Tj ET Q q 0 0 0 rg BT 168.21 396.10 Td (Brazil, ) Tj ET Q q 0 0 0 rg BT 198.16 396.10 Td (Canada, ) Tj ET Q q 0 0 0 rg BT 233.67 396.10 Td (and ) Tj ET Q q 0 0 0 rg BT 251.13 396.10 Td (the ) Tj ET Q q 0 0 0 rg BT 266.37 396.10 Td (United ) Tj ET Q q 0 0 0 rg BT 296.61 396.10 Td (Kingdom ) Tj ET Q q 0 0 0 rg BT 337.41 396.10 Td (for ) Tj ET Q q 0 0 0 rg BT 352.09 396.10 Td (support, ) Tj ET Q q 0 0 0 rg BT 387.62 396.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 432.29 396.10 Td (and ) Tj ET Q q 0 0 0 rg BT 449.76 396.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 472.22 396.10 Td (of) Tj ET Q q 0 0 0 rg BT 480.37 396.10 Td (fices. ) Tj ET Q q 0 0 0 rg BT 504.55 396.10 Td (The ) Tj ET Q q 0 0 0 rg BT 523.12 396.10 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.10 Td (also ) Tj ET Q q 0 0 0 rg BT 68.01 384.10 Td (owns ) Tj ET Q q 0 0 0 rg BT 91.02 384.10 Td (five ) Tj ET Q q 0 0 0 rg BT 108.47 384.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 144.80 384.10 Td (in ) Tj ET Q q 0 0 0 rg BT 154.48 384.10 Td (India. ) Tj ET Q q 0 0 0 rg BT 179.29 384.10 Td (The ) Tj ET Q q 0 0 0 rg BT 196.74 384.10 Td (Indian ) Tj ET Q q 0 0 0 rg BT 224.19 384.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 260.52 384.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 292.96 384.10 Td (software ) Tj ET Q q 0 0 0 rg BT 329.29 384.10 Td (development ) Tj ET Q q 0 0 0 rg BT 382.84 384.10 Td (and ) Tj ET Q q 0 0 0 rg BT 399.18 384.10 Td (other ) Tj ET Q q 0 0 0 rg BT 421.63 384.10 Td (technical ) Tj ET Q q 0 0 0 rg BT 459.62 384.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 496.23 384.10 Td (business ) Tj ET Q q 0 0 0 rg BT 532.02 384.10 Td (process ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.10 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 98.76 372.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 135.01 372.10 Td (and ) Tj ET Q q 0 0 0 rg BT 150.99 372.10 Td (some ) Tj ET Q q 0 0 0 rg BT 173.64 372.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 212.94 372.10 Td (support ) Tj ET Q q 0 0 0 rg BT 244.48 372.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 280.73 372.10 Td (such ) Tj ET Q q 0 0 0 rg BT 300.61 372.10 Td (as ) Tj ET Q q 0 0 0 rg BT 310.48 372.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 355.89 372.10 Td (and ) Tj ET Q q 0 0 0 rg BT 371.88 372.10 Td (finance. ) Tj ET Q q 0 0 0 rg BT 405.34 372.10 Td (In ) Tj ET Q q 0 0 0 rg BT 415.21 372.10 Td (these ) Tj ET Q q 0 0 0 rg BT 437.30 372.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 476.61 372.10 Td (of) Tj ET Q q 0 0 0 rg BT 484.76 372.10 Td (fices, ) Tj ET Q q 0 0 0 rg BT 507.68 372.10 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 528.11 372.10 Td (employs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 90.23 360.10 Td (and ) Tj ET Q q 0 0 0 rg BT 106.59 360.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 152.94 360.10 Td (professionals ) Tj ET Q q 0 0 0 rg BT 207.63 360.10 Td (who ) Tj ET Q q 0 0 0 rg BT 226.77 360.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 259.24 360.10 Td (products, ) Tj ET Q q 0 0 0 rg BT 298.10 360.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 334.72 360.10 Td (support ) Tj ET Q q 0 0 0 rg BT 366.64 360.10 Td (and ) Tj ET Q q 0 0 0 rg BT 383.00 360.10 Td (consultancy ) Tj ET Q q 0 0 0 rg BT 432.68 360.10 Td (to ) Tj ET Q q 0 0 0 rg BT 442.38 360.10 Td (thousands ) Tj ET Q q 0 0 0 rg BT 484.30 360.10 Td (of ) Tj ET Q q 0 0 0 rg BT 494.55 360.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 537.01 360.10 Td (across ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.10 Td (six ) Tj ET Q q 0 0 0 rg BT 64.17 348.10 Td (continents.) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 322.53505859375 m 313.779296875 322.53505859375 l s q 0 0 0 rg BT 50.00 324.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.93 324.10 Td (r) Tj ET Q q 0 0 0 rg BT 60.19 324.10 Td (ends ) Tj ET Q q 0 0 0 rg BT 82.14 324.10 Td (and ) Tj ET Q q 0 0 0 rg BT 100.76 324.10 Td (Uncertainties ) Tj ET Q q 0 0 0 rg BT 160.47 324.10 Td (Related ) Tj ET Q q 0 0 0 rg BT 195.74 324.10 Td (to ) Tj ET Q q 0 0 0 rg BT 206.57 324.10 Td (the ) Tj ET Q q 0 0 0 rg BT 222.40 324.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 271.56 324.10 Td (Pandemic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 304.10 Td (In ) Tj ET Q q 0 0 0 rg BT 96.00 304.10 Td (December ) Tj ET Q q 0 0 0 rg BT 138.76 304.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 162.94 304.10 Td (a ) Tj ET Q q 0 0 0 rg BT 169.05 304.10 Td (novel ) Tj ET Q q 0 0 0 rg BT 192.94 304.10 Td (coronavirus ) Tj ET Q q 0 0 0 rg BT 241.83 304.10 Td (disease, ) Tj ET Q q 0 0 0 rg BT 274.88 304.10 Td (referred ) Tj ET Q q 0 0 0 rg BT 308.19 304.10 Td (to ) Tj ET Q q 0 0 0 rg BT 317.64 304.10 Td (as ) Tj ET Q q 0 0 0 rg BT 327.65 304.10 Td (COVID-19, ) Tj ET Q q 0 0 0 rg BT 376.82 304.10 Td (was ) Tj ET Q q 0 0 0 rg BT 394.04 304.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 429.03 304.10 Td (and ) Tj ET Q q 0 0 0 rg BT 445.15 304.10 Td (has ) Tj ET Q q 0 0 0 rg BT 460.15 304.10 Td (spread ) Tj ET Q q 0 0 0 rg BT 487.92 304.10 Td (globally) Tj ET Q q 0 0 0 rg BT 520.05 304.10 Td (, ) Tj ET Q q 0 0 0 rg BT 524.22 304.10 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.41 292.10 Td (every ) Tj ET Q q 0 0 0 rg BT 85.24 292.10 Td (state ) Tj ET Q q 0 0 0 rg BT 106.20 292.10 Td (in ) Tj ET Q q 0 0 0 rg BT 116.61 292.10 Td (the ) Tj ET Q q 0 0 0 rg BT 131.45 292.10 Td (United ) Tj ET Q q 0 0 0 rg BT 161.30 292.10 Td (States. ) Tj ET Q q 0 0 0 rg BT 190.31 292.10 Td (On ) Tj ET Q q 0 0 0 rg BT 205.17 292.10 Td (March ) Tj ET Q q 0 0 0 rg BT 233.89 292.10 Td (1) Tj ET Q q 0 0 0 rg BT 238.52 292.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 248.65 292.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 273.78 292.10 Td (the ) Tj ET Q q 0 0 0 rg BT 288.44 292.10 Td (W) Tj ET Q q 0 0 0 rg BT 297.08 292.10 Td (orld ) Tj ET Q q 0 0 0 rg BT 315.81 292.10 Td (Health ) Tj ET Q q 0 0 0 rg BT 345.10 292.10 Td (Or) Tj ET Q q 0 0 0 rg BT 355.47 292.10 Td (ganization ) Tj ET Q q 0 0 0 rg BT 399.75 292.10 Td (declared ) Tj ET Q q 0 0 0 rg BT 436.24 292.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 483.87 292.10 Td (a ) Tj ET Q q 0 0 0 rg BT 490.93 292.10 Td (pandemic, ) Tj ET Q q 0 0 0 rg BT 534.93 292.10 Td (and ) Tj ET Q q 0 0 0 rg BT 552.00 292.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.10 Td (March ) Tj ET Q q 0 0 0 rg BT 78.60 280.10 Td (13, ) Tj ET Q q 0 0 0 rg BT 93.60 280.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 118.60 280.10 Td (the ) Tj ET Q q 0 0 0 rg BT 133.32 280.10 Td (United ) Tj ET Q q 0 0 0 rg BT 163.03 280.10 Td (States ) Tj ET Q q 0 0 0 rg BT 189.42 280.10 Td (government ) Tj ET Q q 0 0 0 rg BT 239.68 280.10 Td (declared ) Tj ET Q q 0 0 0 rg BT 276.04 280.10 Td (a ) Tj ET Q q 0 0 0 rg BT 282.98 280.10 Td (national ) Tj ET Q q 0 0 0 rg BT 317.70 280.10 Td (emer) Tj ET Q q 0 0 0 rg BT 337.50 280.10 Td (gency ) Tj ET Q q 0 0 0 rg BT 363.88 280.10 Td (with ) Tj ET Q q 0 0 0 rg BT 384.16 280.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 414.97 280.10 Td (to ) Tj ET Q q 0 0 0 rg BT 425.25 280.10 Td (COVID-19. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 260.10 Td (In ) Tj ET Q q 0 0 0 rg BT 96.67 260.10 Td (response ) Tj ET Q q 0 0 0 rg BT 134.00 260.10 Td (to ) Tj ET Q q 0 0 0 rg BT 144.12 260.10 Td (the ) Tj ET Q q 0 0 0 rg BT 158.68 260.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 206.02 260.10 Td (pandemic, ) Tj ET Q q 0 0 0 rg BT 249.73 260.10 Td (many ) Tj ET Q q 0 0 0 rg BT 274.29 260.10 Td (state, ) Tj ET Q q 0 0 0 rg BT 297.46 260.10 Td (local, ) Tj ET Q q 0 0 0 rg BT 321.73 260.10 Td (and ) Tj ET Q q 0 0 0 rg BT 338.51 260.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 369.73 260.10 Td (governments ) Tj ET Q q 0 0 0 rg BT 423.72 260.10 Td (have ) Tj ET Q q 0 0 0 rg BT 444.94 260.10 Td (put ) Tj ET Q q 0 0 0 rg BT 460.06 260.10 Td (in ) Tj ET Q q 0 0 0 rg BT 470.18 260.10 Td (place, ) Tj ET Q q 0 0 0 rg BT 496.12 260.10 Td (and ) Tj ET Q q 0 0 0 rg BT 512.90 260.10 Td (others ) Tj ET Q q 0 0 0 rg BT 539.68 260.10 Td (in ) Tj ET Q q 0 0 0 rg BT 549.80 260.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.10 Td (future ) Tj ET Q q 0 0 0 rg BT 76.06 248.10 Td (may ) Tj ET Q q 0 0 0 rg BT 95.45 248.10 Td (put ) Tj ET Q q 0 0 0 rg BT 110.41 248.10 Td (in ) Tj ET Q q 0 0 0 rg BT 120.37 248.10 Td (place, ) Tj ET Q q 0 0 0 rg BT 146.15 248.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 171.09 248.10 Td (restrictions, ) Tj ET Q q 0 0 0 rg BT 220.20 248.10 Td (quarantines, ) Tj ET Q q 0 0 0 rg BT 270.98 248.10 Td (shelter) Tj ET Q q 0 0 0 rg BT 297.43 248.10 Td (-in-place ) Tj ET Q q 0 0 0 rg BT 335.14 248.10 Td (orders, ) Tj ET Q q 0 0 0 rg BT 364.81 248.10 Td (and ) Tj ET Q q 0 0 0 rg BT 381.43 248.10 Td (similar ) Tj ET Q q 0 0 0 rg BT 411.39 248.10 Td (government ) Tj ET Q q 0 0 0 rg BT 461.33 248.10 Td (orders ) Tj ET Q q 0 0 0 rg BT 488.50 248.10 Td (and ) Tj ET Q q 0 0 0 rg BT 505.12 248.10 Td (restrictions, ) Tj ET Q q 0 0 0 rg BT 554.23 248.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.10 Td (an ) Tj ET Q q 0 0 0 rg BT 61.82 236.10 Td (attempt ) Tj ET Q q 0 0 0 rg BT 94.18 236.10 Td (to ) Tj ET Q q 0 0 0 rg BT 104.34 236.10 Td (control ) Tj ET Q q 0 0 0 rg BT 135.04 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 149.64 236.10 Td (spread ) Tj ET Q q 0 0 0 rg BT 178.12 236.10 Td (of ) Tj ET Q q 0 0 0 rg BT 188.82 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 203.42 236.10 Td (disease. ) Tj ET Q q 0 0 0 rg BT 237.17 236.10 Td (Such ) Tj ET Q q 0 0 0 rg BT 259.55 236.10 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 306.36 236.10 Td (or ) Tj ET Q q 0 0 0 rg BT 317.07 236.10 Td (orders, ) Tj ET Q q 0 0 0 rg BT 346.94 236.10 Td (or ) Tj ET Q q 0 0 0 rg BT 357.65 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 372.24 236.10 Td (perception ) Tj ET Q q 0 0 0 rg BT 416.82 236.10 Td (that ) Tj ET Q q 0 0 0 rg BT 434.19 236.10 Td (such ) Tj ET Q q 0 0 0 rg BT 454.90 236.10 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 501.71 236.10 Td (or ) Tj ET Q q 0 0 0 rg BT 512.42 236.10 Td (orders ) Tj ET Q q 0 0 0 rg BT 539.79 236.10 Td (could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.10 Td (be ) Tj ET Q q 0 0 0 rg BT 62.19 224.10 Td (implemented, ) Tj ET Q q 0 0 0 rg BT 119.65 224.10 Td (have ) Tj ET Q q 0 0 0 rg BT 141.28 224.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 175.69 224.10 Td (in ) Tj ET Q q 0 0 0 rg BT 186.22 224.10 Td (business ) Tj ET Q q 0 0 0 rg BT 222.87 224.10 Td (closures, ) Tj ET Q q 0 0 0 rg BT 260.89 224.10 Td (work ) Tj ET Q q 0 0 0 rg BT 284.19 224.10 Td (stoppages, ) Tj ET Q q 0 0 0 rg BT 328.88 224.10 Td (slowdowns ) Tj ET Q q 0 0 0 rg BT 376.64 224.10 Td (and ) Tj ET Q q 0 0 0 rg BT 393.83 224.10 Td (delays, ) Tj ET Q q 0 0 0 rg BT 424.63 224.10 Td (work-from-home ) Tj ET Q q 0 0 0 rg BT 496.25 224.10 Td (policies, ) Tj ET Q q 0 0 0 rg BT 532.61 224.10 Td (and ) Tj ET Q q 0 0 0 rg BT 549.80 224.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.10 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 100.81 212.10 Td (or ) Tj ET Q q 0 0 0 rg BT 111.64 212.10 Td (postponement ) Tj ET Q q 0 0 0 rg BT 170.24 212.10 Td (of ) Tj ET Q q 0 0 0 rg BT 181.07 212.10 Td (events.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 192.10 Td (Beginning ) Tj ET Q q 0 0 0 rg BT 131.01 192.10 Td (in ) Tj ET Q q 0 0 0 rg BT 142.13 192.10 Td (March ) Tj ET Q q 0 0 0 rg BT 171.58 192.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 197.42 192.10 Td (in ) Tj ET Q q 0 0 0 rg BT 208.54 192.10 Td (an ) Tj ET Q q 0 0 0 rg BT 221.33 192.10 Td (ef) Tj ET Q q 0 0 0 rg BT 228.92 192.10 Td (fort ) Tj ET Q q 0 0 0 rg BT 246.70 192.10 Td (to ) Tj ET Q q 0 0 0 rg BT 257.82 192.10 Td (protect ) Tj ET Q q 0 0 0 rg BT 288.93 192.10 Td (our ) Tj ET Q q 0 0 0 rg BT 305.60 192.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 351.71 192.10 Td (and ) Tj ET Q q 0 0 0 rg BT 369.50 192.10 Td (comply ) Tj ET Q q 0 0 0 rg BT 402.84 192.10 Td (with ) Tj ET Q q 0 0 0 rg BT 423.96 192.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 468.39 192.10 Td (government ) Tj ET Q q 0 0 0 rg BT 519.50 192.10 Td (orders, ) Tj ET Q q 0 0 0 rg BT 550.34 192.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 90.24 180.10 Td (non-essential ) Tj ET Q q 0 0 0 rg BT 146.05 180.10 Td (employee ) Tj ET Q q 0 0 0 rg BT 187.96 180.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 213.77 180.10 Td (and ) Tj ET Q q 0 0 0 rg BT 231.25 180.10 Td (transitioned ) Tj ET Q q 0 0 0 rg BT 281.50 180.10 Td (our ) Tj ET Q q 0 0 0 rg BT 297.88 180.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 343.68 180.10 Td (to ) Tj ET Q q 0 0 0 rg BT 354.50 180.10 Td (a ) Tj ET Q q 0 0 0 rg BT 361.98 180.10 Td (remote ) Tj ET Q q 0 0 0 rg BT 392.79 180.10 Td (work ) Tj ET Q q 0 0 0 rg BT 416.38 180.10 Td (environment. ) Tj ET Q q 0 0 0 rg BT 471.79 180.10 Td (Although ) Tj ET Q q 0 0 0 rg BT 512.61 180.10 Td (we ) Tj ET Q q 0 0 0 rg BT 527.32 180.10 Td (have ) Tj ET Q q 0 0 0 rg BT 549.24 180.10 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.10 Td (experienced ) Tj ET Q q 0 0 0 rg BT 101.25 168.10 Td (a ) Tj ET Q q 0 0 0 rg BT 108.63 168.10 Td (material ) Tj ET Q q 0 0 0 rg BT 144.33 168.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 174.49 168.10 Td (from ) Tj ET Q q 0 0 0 rg BT 196.87 168.10 Td (shifting ) Tj ET Q q 0 0 0 rg BT 230.37 168.10 Td (our ) Tj ET Q q 0 0 0 rg BT 246.65 168.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 292.35 168.10 Td (to ) Tj ET Q q 0 0 0 rg BT 303.08 168.10 Td (a ) Tj ET Q q 0 0 0 rg BT 310.46 168.10 Td (remote ) Tj ET Q q 0 0 0 rg BT 341.17 168.10 Td (work ) Tj ET Q q 0 0 0 rg BT 364.66 168.10 Td (environment, ) Tj ET Q q 0 0 0 rg BT 420.65 168.10 Td (which ) Tj ET Q q 0 0 0 rg BT 448.03 168.10 Td (we ) Tj ET Q q 0 0 0 rg BT 462.64 168.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 502.79 168.10 Td (attribute ) Tj ET Q q 0 0 0 rg BT 539.06 168.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.78 168.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.10 Td (professionalism ) Tj ET Q q 0 0 0 rg BT 114.87 156.10 Td (of ) Tj ET Q q 0 0 0 rg BT 124.75 156.10 Td (our ) Tj ET Q q 0 0 0 rg BT 139.63 156.10 Td (workforce ) Tj ET Q q 0 0 0 rg BT 182.26 156.10 Td (and ) Tj ET Q q 0 0 0 rg BT 198.25 156.10 Td (our ) Tj ET Q q 0 0 0 rg BT 213.12 156.10 Td (extensive ) Tj ET Q q 0 0 0 rg BT 252.43 156.10 Td (use ) Tj ET Q q 0 0 0 rg BT 267.31 156.10 Td (of ) Tj ET Q q 0 0 0 rg BT 277.19 156.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 323.17 156.10 Td (throughout ) Tj ET Q q 0 0 0 rg BT 368.60 156.10 Td (our ) Tj ET Q q 0 0 0 rg BT 383.48 156.10 Td (business, ) Tj ET Q q 0 0 0 rg BT 421.42 156.10 Td (if ) Tj ET Q q 0 0 0 rg BT 429.07 156.10 Td (the ) Tj ET Q q 0 0 0 rg BT 442.84 156.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 489.38 156.10 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 529.80 156.10 Td (requires ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.10 Td (remote ) Tj ET Q q 0 0 0 rg BT 80.26 144.10 Td (working ) Tj ET Q q 0 0 0 rg BT 116.09 144.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 160.26 144.10 Td (for ) Tj ET Q q 0 0 0 rg BT 174.42 144.10 Td (a ) Tj ET Q q 0 0 0 rg BT 181.36 144.10 Td (prolonged ) Tj ET Q q 0 0 0 rg BT 224.40 144.10 Td (period ) Tj ET Q q 0 0 0 rg BT 252.45 144.10 Td (of ) Tj ET Q q 0 0 0 rg BT 263.28 144.10 Td (time, ) Tj ET Q q 0 0 0 rg BT 286.05 144.10 Td (it ) Tj ET Q q 0 0 0 rg BT 294.11 144.10 Td (could ) Tj ET Q q 0 0 0 rg BT 318.83 144.10 Td (negatively ) Tj ET Q q 0 0 0 rg BT 362.98 144.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 392.69 144.10 Td (the ) Tj ET Q q 0 0 0 rg BT 407.41 144.10 Td (productivity ) Tj ET Q q 0 0 0 rg BT 458.79 144.10 Td (of ) Tj ET Q q 0 0 0 rg BT 469.62 144.10 Td (our ) Tj ET Q q 0 0 0 rg BT 485.45 144.10 Td (workforce.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 124.10 Td (During ) Tj ET Q q 0 0 0 rg BT 116.39 124.10 Td (the ) Tj ET Q q 0 0 0 rg BT 130.66 124.10 Td (three ) Tj ET Q q 0 0 0 rg BT 152.70 124.10 Td (months ) Tj ET Q q 0 0 0 rg BT 184.20 124.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 210.14 124.10 Td (March ) Tj ET Q q 0 0 0 rg BT 238.29 124.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 252.85 124.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 277.40 124.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 325.55 124.10 Td (in ) Tj ET Q q 0 0 0 rg BT 335.38 124.10 Td (March, ) Tj ET Q q 0 0 0 rg BT 366.03 124.10 Td (we ) Tj ET Q q 0 0 0 rg BT 379.75 124.10 Td (began ) Tj ET Q q 0 0 0 rg BT 405.68 124.10 Td (to ) Tj ET Q q 0 0 0 rg BT 415.52 124.10 Td (experience ) Tj ET Q q 0 0 0 rg BT 460.87 124.10 Td (some ) Tj ET Q q 0 0 0 rg BT 484.04 124.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 520.51 124.10 Td (in ) Tj ET Q q 0 0 0 rg BT 530.34 124.10 Td (demand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.10 Td (for ) Tj ET Q q 0 0 0 rg BT 63.58 112.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 92.70 112.10 Td (of ) Tj ET Q q 0 0 0 rg BT 102.95 112.10 Td (our ) Tj ET Q q 0 0 0 rg BT 118.20 112.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 154.83 112.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 202.84 112.10 Td (those ) Tj ET Q q 0 0 0 rg BT 225.87 112.10 Td (related ) Tj ET Q q 0 0 0 rg BT 254.99 112.10 Td (to ) Tj ET Q q 0 0 0 rg BT 264.69 112.10 Td (the ) Tj ET Q q 0 0 0 rg BT 278.83 112.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 325.33 112.10 Td (travel, ) Tj ET Q q 0 0 0 rg BT 352.51 112.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 383.31 112.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 422.98 112.10 Td (and ) Tj ET Q q 0 0 0 rg BT 439.34 112.10 Td (consulting ) Tj ET Q q 0 0 0 rg BT 482.93 112.10 Td (business ) Tj ET Q q 0 0 0 rg BT 518.74 112.10 Td (areas, ) Tj ET Q q 0 0 0 rg BT 543.70 112.10 Td (after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 79.77 100.10 Td (government ) Tj ET Q q 0 0 0 rg BT 130.10 100.10 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 177.10 100.10 Td (were ) Tj ET Q q 0 0 0 rg BT 199.10 100.10 Td (put ) Tj ET Q q 0 0 0 rg BT 214.45 100.10 Td (in ) Tj ET Q q 0 0 0 rg BT 224.79 100.10 Td (place. ) Tj ET Q q 0 0 0 rg BT 250.77 100.10 Td (W) Tj ET Q q 0 0 0 rg BT 259.41 100.10 Td (e ) Tj ET Q q 0 0 0 rg BT 266.42 100.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 295.08 100.10 Td (demand ) Tj ET Q q 0 0 0 rg BT 329.30 100.10 Td (variability ) Tj ET Q q 0 0 0 rg BT 372.97 100.10 Td (for ) Tj ET Q q 0 0 0 rg BT 387.20 100.10 Td (our ) Tj ET Q q 0 0 0 rg BT 403.10 100.10 Td (products ) Tj ET Q q 0 0 0 rg BT 440.10 100.10 Td (and ) Tj ET Q q 0 0 0 rg BT 457.11 100.10 Td (services ) Tj ET Q q 0 0 0 rg BT 491.88 100.10 Td (could ) Tj ET Q q 0 0 0 rg BT 516.67 100.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 553.67 100.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.10 Td (a ) Tj ET Q q 0 0 0 rg BT 56.08 88.10 Td (result ) Tj ET Q q 0 0 0 rg BT 79.94 88.10 Td (of ) Tj ET Q q 0 0 0 rg BT 89.91 88.10 Td (the ) Tj ET Q q 0 0 0 rg BT 103.77 88.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 150.41 88.10 Td (pandemic. ) Tj ET Q q 0 0 0 rg BT 193.31 88.10 Td (W) Tj ET Q q 0 0 0 rg BT 201.95 88.10 Td (e ) Tj ET Q q 0 0 0 rg BT 208.03 88.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 244.10 88.10 Td (to ) Tj ET Q q 0 0 0 rg BT 253.53 88.10 Td (stay ) Tj ET Q q 0 0 0 rg BT 271.28 88.10 Td (close ) Tj ET Q q 0 0 0 rg BT 293.47 88.10 Td (with ) Tj ET Q q 0 0 0 rg BT 312.89 88.10 Td (and ) Tj ET Q q 0 0 0 rg BT 328.97 88.10 Td (listen ) Tj ET Q q 0 0 0 rg BT 352.28 88.10 Td (to ) Tj ET Q q 0 0 0 rg BT 361.70 88.10 Td (our ) Tj ET Q q 0 0 0 rg BT 376.67 88.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 418.86 88.10 Td (to ) Tj ET Q q 0 0 0 rg BT 428.28 88.10 Td (best ) Tj ET Q q 0 0 0 rg BT 446.04 88.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 473.78 88.10 Td (that ) Tj ET Q q 0 0 0 rg BT 490.42 88.10 Td (we ) Tj ET Q q 0 0 0 rg BT 503.72 88.10 Td (are ) Tj ET Q q 0 0 0 rg BT 517.57 88.10 Td (responding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.22 76.10 Td (their ) Tj ET Q q 0 0 0 rg BT 80.99 76.10 Td (needs ) Tj ET Q q 0 0 0 rg BT 106.21 76.10 Td (in ) Tj ET Q q 0 0 0 rg BT 116.43 76.10 Td (the ) Tj ET Q q 0 0 0 rg BT 131.09 76.10 Td (current ) Tj ET Q q 0 0 0 rg BT 161.85 76.10 Td (environment ) Tj ET Q q 0 0 0 rg BT 214.84 76.10 Td (with ) Tj ET Q q 0 0 0 rg BT 235.07 76.10 Td (innovative ) Tj ET Q q 0 0 0 rg BT 279.72 76.10 Td (solutions ) Tj ET Q q 0 0 0 rg BT 318.29 76.10 Td (that ) Tj ET Q q 0 0 0 rg BT 335.73 76.10 Td (will ) Tj ET Q q 0 0 0 rg BT 353.73 76.10 Td (not ) Tj ET Q q 0 0 0 rg BT 368.95 76.10 Td (only ) Tj ET Q q 0 0 0 rg BT 389.18 76.10 Td (be ) Tj ET Q q 0 0 0 rg BT 401.06 76.10 Td (beneficial ) Tj ET Q q 0 0 0 rg BT 442.92 76.10 Td (now ) Tj ET Q q 0 0 0 rg BT 462.59 76.10 Td (but ) Tj ET Q q 0 0 0 rg BT 477.81 76.10 Td (over ) Tj ET Q q 0 0 0 rg BT 498.03 76.10 Td (the ) Tj ET Q q 0 0 0 rg BT 512.69 76.10 Td (long ) Tj ET Q q 0 0 0 rg BT 532.91 76.10 Td (term ) Tj ET Q q 0 0 0 rg BT 553.68 76.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.10 Td (well.) Tj ET Q endstream endobj 73 0 obj <>] /Rotate 0 /Contents 74 0 R>> endobj 74 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 742.10 Td (e ) Tj ET Q q 0 0 0 rg BT 100.50 742.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 136.35 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 145.56 742.10 Td (monitor ) Tj ET Q q 0 0 0 rg BT 178.64 742.10 Td (developments ) Tj ET Q q 0 0 0 rg BT 235.61 742.10 Td (related ) Tj ET Q q 0 0 0 rg BT 264.23 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 273.43 742.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 319.85 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 335.71 742.10 Td (remain ) Tj ET Q q 0 0 0 rg BT 364.90 742.10 Td (flexible ) Tj ET Q q 0 0 0 rg BT 396.86 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 406.06 742.10 Td (our ) Tj ET Q q 0 0 0 rg BT 420.81 742.10 Td (response ) Tj ET Q q 0 0 0 rg BT 457.23 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 466.43 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 480.07 742.10 Td (challenges ) Tj ET Q q 0 0 0 rg BT 523.69 742.10 Td (presented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (by ) Tj ET Q q 0 0 0 rg BT 62.70 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 77.63 730.10 Td (pandemic. ) Tj ET Q q 0 0 0 rg BT 121.51 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 126.92 730.10 Td (o ) Tj ET Q q 0 0 0 rg BT 134.62 730.10 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 170.09 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.01 730.10 Td (adverse ) Tj ET Q q 0 0 0 rg BT 218.25 730.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 248.17 730.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 295.87 730.10 Td (may ) Tj ET Q q 0 0 0 rg BT 315.79 730.10 Td (have ) Tj ET Q q 0 0 0 rg BT 337.37 730.10 Td (on ) Tj ET Q q 0 0 0 rg BT 350.08 730.10 Td (our ) Tj ET Q q 0 0 0 rg BT 366.11 730.10 Td (business ) Tj ET Q q 0 0 0 rg BT 402.71 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 419.85 730.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 466.71 730.10 Td (we ) Tj ET Q q 0 0 0 rg BT 481.07 730.10 Td (have ) Tj ET Q q 0 0 0 rg BT 502.65 730.10 Td (implemented ) Tj ET Q q 0 0 0 rg BT 557.56 730.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (number ) Tj ET Q q 0 0 0 rg BT 82.57 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 92.92 718.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 132.16 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 141.96 718.10 Td (protect ) Tj ET Q q 0 0 0 rg BT 171.75 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.99 718.10 Td (health ) Tj ET Q q 0 0 0 rg BT 212.44 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 228.91 718.10 Td (safety ) Tj ET Q q 0 0 0 rg BT 254.81 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 265.16 718.10 Td (our ) Tj ET Q q 0 0 0 rg BT 280.52 718.10 Td (employees, ) Tj ET Q q 0 0 0 rg BT 327.80 718.10 Td (as ) Tj ET Q q 0 0 0 rg BT 338.16 718.10 Td (well ) Tj ET Q q 0 0 0 rg BT 357.40 718.10 Td (as ) Tj ET Q q 0 0 0 rg BT 367.75 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 377.55 718.10 Td (strengthen ) Tj ET Q q 0 0 0 rg BT 421.23 718.10 Td (our ) Tj ET Q q 0 0 0 rg BT 436.59 718.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 473.59 718.10 Td (position. ) Tj ET Q q 0 0 0 rg BT 510.20 718.10 Td (These ) Tj ET Q q 0 0 0 rg BT 536.10 718.10 Td (ef) Tj ET Q q 0 0 0 rg BT 543.68 718.10 Td (forts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (include ) Tj ET Q q 0 0 0 rg BT 82.61 706.10 Td (amending ) Tj ET Q q 0 0 0 rg BT 125.22 706.10 Td (our ) Tj ET Q q 0 0 0 rg BT 141.73 706.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 167.68 706.10 Td (facility) Tj ET Q q 0 0 0 rg BT 195.35 706.10 Td (, ) Tj ET Q q 0 0 0 rg BT 201.03 706.10 Td (reducing ) Tj ET Q q 0 0 0 rg BT 239.19 706.10 Td (salaries ) Tj ET Q q 0 0 0 rg BT 272.35 706.10 Td (for ) Tj ET Q q 0 0 0 rg BT 287.19 706.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 317.57 706.10 Td (employees, ) Tj ET Q q 0 0 0 rg BT 366.02 706.10 Td (eliminating, ) Tj ET Q q 0 0 0 rg BT 417.24 706.10 Td (reducing, ) Tj ET Q q 0 0 0 rg BT 457.91 706.10 Td (or ) Tj ET Q q 0 0 0 rg BT 469.41 706.10 Td (deferring ) Tj ET Q q 0 0 0 rg BT 509.24 706.10 Td (non-essential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (expenditures, ) Tj ET Q q 0 0 0 rg BT 106.09 694.10 Td (as ) Tj ET Q q 0 0 0 rg BT 116.92 694.10 Td (well ) Tj ET Q q 0 0 0 rg BT 136.64 694.10 Td (as ) Tj ET Q q 0 0 0 rg BT 147.47 694.10 Td (complying ) Tj ET Q q 0 0 0 rg BT 192.74 694.10 Td (with ) Tj ET Q q 0 0 0 rg BT 213.02 694.10 Td (local ) Tj ET Q q 0 0 0 rg BT 234.96 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 251.89 694.10 Td (state ) Tj ET Q q 0 0 0 rg BT 272.72 694.10 Td (government ) Tj ET Q q 0 0 0 rg BT 322.98 694.10 Td (recommendations ) Tj ET Q q 0 0 0 rg BT 396.57 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 406.85 694.10 Td (protect ) Tj ET Q q 0 0 0 rg BT 437.11 694.10 Td (our ) Tj ET Q q 0 0 0 rg BT 452.94 694.10 Td (workforce.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 674.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 103.54 674.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 138.85 674.10 Td (results ) Tj ET Q q 0 0 0 rg BT 166.95 674.10 Td (for ) Tj ET Q q 0 0 0 rg BT 180.60 674.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.81 674.10 Td (three ) Tj ET Q q 0 0 0 rg BT 216.79 674.10 Td (month ) Tj ET Q q 0 0 0 rg BT 244.33 674.10 Td (period ) Tj ET Q q 0 0 0 rg BT 271.87 674.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 297.74 674.10 Td (March ) Tj ET Q q 0 0 0 rg BT 325.83 674.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 340.32 674.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 362.31 674.10 Td (may ) Tj ET Q q 0 0 0 rg BT 381.52 674.10 Td (not ) Tj ET Q q 0 0 0 rg BT 396.29 674.10 Td (be ) Tj ET Q q 0 0 0 rg BT 407.72 674.10 Td (reflective ) Tj ET Q q 0 0 0 rg BT 447.46 674.10 Td (of ) Tj ET Q q 0 0 0 rg BT 457.78 674.10 Td (current ) Tj ET Q q 0 0 0 rg BT 488.09 674.10 Td (market ) Tj ET Q q 0 0 0 rg BT 517.84 674.10 Td (conditions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.10 Td (or ) Tj ET Q q 0 0 0 rg BT 61.04 662.10 Td (of ) Tj ET Q q 0 0 0 rg BT 72.08 662.10 Td (our ) Tj ET Q q 0 0 0 rg BT 88.12 662.10 Td (results ) Tj ET Q q 0 0 0 rg BT 116.93 662.10 Td (for ) Tj ET Q q 0 0 0 rg BT 131.30 662.10 Td (any ) Tj ET Q q 0 0 0 rg BT 148.45 662.10 Td (future ) Tj ET Q q 0 0 0 rg BT 175.04 662.10 Td (periods, ) Tj ET Q q 0 0 0 rg BT 209.68 662.10 Td (which ) Tj ET Q q 0 0 0 rg BT 236.83 662.10 Td (may ) Tj ET Q q 0 0 0 rg BT 256.76 662.10 Td (be ) Tj ET Q q 0 0 0 rg BT 268.91 662.10 Td (negatively ) Tj ET Q q 0 0 0 rg BT 313.26 662.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 352.62 662.10 Td (by ) Tj ET Q q 0 0 0 rg BT 365.33 662.10 Td (the ) Tj ET Q q 0 0 0 rg BT 380.26 662.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 427.96 662.10 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 469.54 662.10 Td (to ) Tj ET Q q 0 0 0 rg BT 480.03 662.10 Td (a ) Tj ET Q q 0 0 0 rg BT 487.18 662.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 517.64 662.10 Td (extent ) Tj ET Q q 0 0 0 rg BT 544.78 662.10 Td (than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.85 650.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 100.79 650.10 Td (period. ) Tj ET Q q 0 0 0 rg BT 131.28 650.10 Td (The ) Tj ET Q q 0 0 0 rg BT 149.46 650.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 179.30 650.10 Td (of ) Tj ET Q q 0 0 0 rg BT 190.26 650.10 Td (the ) Tj ET Q q 0 0 0 rg BT 205.11 650.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 252.74 650.10 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 294.24 650.10 Td (may ) Tj ET Q q 0 0 0 rg BT 314.09 650.10 Td (also ) Tj ET Q q 0 0 0 rg BT 332.83 650.10 Td (exacerbate ) Tj ET Q q 0 0 0 rg BT 378.20 650.10 Td (other ) Tj ET Q q 0 0 0 rg BT 401.37 650.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 422.90 650.10 Td (discussed ) Tj ET Q q 0 0 0 rg BT 463.86 650.10 Td (in ) Tj ET Q q 0 0 0 rg BT 474.27 650.10 Td (this ) Tj ET Q q 0 0 0 rg BT 491.35 650.10 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 532.29 650.10 Td (Report. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.10 Td (Refer ) Tj ET Q q 0 0 0 rg BT 74.74 638.10 Td (to ) Tj ET Q q 0 0 0 rg BT 85.05 638.10 Td (Item ) Tj ET Q q 0 0 0 rg BT 105.91 638.10 Td (1A. ) Tj ET Q q 0 0 0 rg BT 123.17 638.10 Td (Risk ) Tj ET Q q 0 0 0 rg BT 148.48 638.10 Td (Factors ) Tj ET Q q 0 0 0 rg BT 184.89 638.10 Td (in ) Tj ET Q q 0 0 0 rg BT 195.21 638.10 Td (this ) Tj ET Q q 0 0 0 rg BT 212.19 638.10 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 253.04 638.10 Td (Report ) Tj ET Q q 0 0 0 rg BT 282.79 638.10 Td (on ) Tj ET Q q 0 0 0 rg BT 295.32 638.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 319.53 638.10 Td (10-Q ) Tj ET Q q 0 0 0 rg BT 342.61 638.10 Td (for ) Tj ET Q q 0 0 0 rg BT 356.81 638.10 Td (a ) Tj ET Q q 0 0 0 rg BT 363.78 638.10 Td (complete ) Tj ET Q q 0 0 0 rg BT 402.96 638.10 Td (description ) Tj ET Q q 0 0 0 rg BT 449.93 638.10 Td (of ) Tj ET Q q 0 0 0 rg BT 460.80 638.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.55 638.10 Td (material ) Tj ET Q q 0 0 0 rg BT 510.84 638.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 532.27 638.10 Td (that ) Tj ET Q q 0 0 0 rg BT 549.79 638.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 91.39 626.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 129.98 626.10 Td (faces.) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 602.53505859375 m 142.2216796875 602.53505859375 l s q 0 0 0 rg BT 50.00 604.10 Td (Results ) Tj ET Q q 0 0 0 rg BT 83.61 604.10 Td (of ) Tj ET Q q 0 0 0 rg BT 94.44 604.10 Td (Operations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 142.22 604.10 Td ( ) Tj ET Q q 0 0 0 rg BT 144.72 604.10 Td ( ) Tj ET Q q 0 0 0 rg BT 157.04 604.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 173.53 604.10 Td (ee ) Tj ET Q q 0 0 0 rg BT 184.91 604.10 Td (Months ) Tj ET Q q 0 0 0 rg BT 220.19 604.10 Td (Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 250.48 604.10 Td (Mar) Tj ET Q q 0 0 0 rg BT 269.18 604.10 Td (ch31, ) Tj ET Q q 0 0 0 rg BT 296.68 604.10 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.68 604.10 Td ( ) Tj ET Q q 0 0 0 rg BT 319.18 604.10 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.80 604.10 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.80 604.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 582.10 Td (Operating ) Tj ET Q q 0 0 0 rg BT 94.17 582.10 Td (Revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 560.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 560.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.70 560.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 144.74 560.10 Td (derives ) Tj ET Q q 0 0 0 rg BT 175.76 560.10 Td (its ) Tj ET Q q 0 0 0 rg BT 187.36 560.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 225.05 560.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 264.41 560.10 Td (from ) Tj ET Q q 0 0 0 rg BT 286.00 560.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 337.04 560.10 Td (and ) Tj ET Q q 0 0 0 rg BT 353.63 560.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 399.65 560.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 417.90 560.10 Td (pertaining ) Tj ET Q q 0 0 0 rg BT 460.59 560.10 Td (to ) Tj ET Q q 0 0 0 rg BT 470.52 560.10 Td (services ) Tj ET Q q 0 0 0 rg BT 504.88 560.10 Td (delivered ) Tj ET Q q 0 0 0 rg BT 544.23 560.10 Td (over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 548.10 Td (our ) Tj ET Q q 0 0 0 rg BT 66.29 548.10 Td (exchanges ) Tj ET Q q 0 0 0 rg BT 110.89 548.10 Td (or ) Tj ET Q q 0 0 0 rg BT 122.18 548.10 Td (from ) Tj ET Q q 0 0 0 rg BT 144.57 548.10 Td (our ) Tj ET Q q 0 0 0 rg BT 160.86 548.10 Td (application ) Tj ET Q q 0 0 0 rg BT 208.24 548.10 Td (service ) Tj ET Q q 0 0 0 rg BT 239.51 548.10 Td (provider ) Tj ET Q q 0 0 0 rg BT 276.35 548.10 Td (\("ASP"\) ) Tj ET Q q 0 0 0 rg BT 312.47 548.10 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 356.25 548.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 375.31 548.10 Td (for ) Tj ET Q q 0 0 0 rg BT 389.93 548.10 Td (business ) Tj ET Q q 0 0 0 rg BT 426.77 548.10 Td (process ) Tj ET Q q 0 0 0 rg BT 459.72 548.10 Td (outsourcing ) Tj ET Q q 0 0 0 rg BT 509.90 548.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 547.56 548.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 536.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 67.42 536.10 Td (for ) Tj ET Q q 0 0 0 rg BT 80.41 536.10 Td (software ) Tj ET Q q 0 0 0 rg BT 116.16 536.10 Td (development ) Tj ET Q q 0 0 0 rg BT 169.14 536.10 Td (projects, ) Tj ET Q q 0 0 0 rg BT 204.62 536.10 Td (including ) Tj ET Q q 0 0 0 rg BT 243.72 536.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 286.14 536.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 303.56 536.10 Td (for ) Tj ET Q q 0 0 0 rg BT 316.55 536.10 Td (consulting, ) Tj ET Q q 0 0 0 rg BT 362.04 536.10 Td (implementation, ) Tj ET Q q 0 0 0 rg BT 428.63 536.10 Td (training, ) Tj ET Q q 0 0 0 rg BT 463.56 536.10 Td (and ) Tj ET Q q 0 0 0 rg BT 479.32 536.10 Td (project ) Tj ET Q q 0 0 0 rg BT 508.41 536.10 Td (management. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 524.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 524.10 Td (e ) Tj ET Q q 0 0 0 rg BT 64.66 524.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 96.78 524.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 138.91 524.10 Td (with ) Tj ET Q q 0 0 0 rg BT 158.27 524.10 Td (installed ) Tj ET Q q 0 0 0 rg BT 193.73 524.10 Td (systems, ) Tj ET Q q 0 0 0 rg BT 229.48 524.10 Td ( ) Tj ET Q q 0 0 0 rg BT 231.06 524.10 Td (e-governance ) Tj ET Q q 0 0 0 rg BT 286.49 524.10 Td (solutions ) Tj ET Q q 0 0 0 rg BT 324.19 524.10 Td (to ) Tj ET Q q 0 0 0 rg BT 333.54 524.10 Td (governmental ) Tj ET Q q 0 0 0 rg BT 390.10 524.10 Td (agencies ) Tj ET Q q 0 0 0 rg BT 426.11 524.10 Td (in ) Tj ET Q q 0 0 0 rg BT 435.47 524.10 Td (the ) Tj ET Q q 0 0 0 rg BT 449.26 524.10 Td (health ) Tj ET Q q 0 0 0 rg BT 475.28 524.10 Td (and ) Tj ET Q q 0 0 0 rg BT 491.29 524.10 Td (education ) Tj ET Q q 0 0 0 rg BT 531.75 524.10 Td (sectors, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 512.10 Td (as ) Tj ET Q q 0 0 0 rg BT 61.64 512.10 Td (well ) Tj ET Q q 0 0 0 rg BT 82.18 512.10 Td (as ) Tj ET Q q 0 0 0 rg BT 93.82 512.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 126.01 512.10 Td (exchange, ) Tj ET Q q 0 0 0 rg BT 169.58 512.10 Td (remittance ) Tj ET Q q 0 0 0 rg BT 215.09 512.10 Td (\(both ) Tj ET Q q 0 0 0 rg BT 239.51 512.10 Td (inward ) Tj ET Q q 0 0 0 rg BT 270.60 512.10 Td (and ) Tj ET Q q 0 0 0 rg BT 288.35 512.10 Td (outward\) ) Tj ET Q q 0 0 0 rg BT 327.76 512.10 Td (and ) Tj ET Q q 0 0 0 rg BT 345.52 512.10 Td (related ) Tj ET Q q 0 0 0 rg BT 376.03 512.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 414.05 512.10 Td (including ) Tj ET Q q 0 0 0 rg BT 455.14 512.10 Td (travel, ) Tj ET Q q 0 0 0 rg BT 483.72 512.10 Td (from ) Tj ET Q q 0 0 0 rg BT 506.47 512.10 Td (our ) Tj ET Q q 0 0 0 rg BT 523.12 512.10 Td (EbixCash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 500.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 87.51 500.10 Td (exchanges. ) Tj ET Q q 0 0 0 rg BT 134.19 500.10 Td (International ) Tj ET Q q 0 0 0 rg BT 187.81 500.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 221.98 500.10 Td (accounted ) Tj ET Q q 0 0 0 rg BT 265.05 500.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.24 500.10 Td (69.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.07 500.10 Td ( ) Tj ET Q q 0 0 0 rg BT 307.60 500.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.57 500.10 Td (67.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.40 500.10 Td ( ) Tj ET Q q 0 0 0 rg BT 352.93 500.10 Td (of ) Tj ET Q q 0 0 0 rg BT 363.79 500.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.54 500.10 Td (Company) Tj ET Q q 0 0 0 rg BT 420.20 500.10 Td (s ) Tj ET Q q 0 0 0 rg BT 426.62 500.10 Td (total ) Tj ET Q q 0 0 0 rg BT 446.93 500.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 481.10 500.10 Td (for ) Tj ET Q q 0 0 0 rg BT 495.30 500.10 Td (the ) Tj ET Q q 0 0 0 rg BT 510.04 500.10 Td (three ) Tj ET Q q 0 0 0 rg BT 532.56 500.10 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 488.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.38 488.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 119.98 488.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.98 488.10 Td ( ) Tj ET Q q 0 0 0 rg BT 142.48 488.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.41 488.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.41 488.10 Td (, ) Tj ET Q q 0 0 0 rg BT 184.41 488.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 232.08 488.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 466.10 Td (Ebix) Tj ET Q q 0 0 0 rg BT 107.67 466.10 Td (s ) Tj ET Q q 0 0 0 rg BT 114.49 466.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 149.06 466.10 Td (streams ) Tj ET Q q 0 0 0 rg BT 182.54 466.10 Td (come ) Tj ET Q q 0 0 0 rg BT 207.12 466.10 Td (from ) Tj ET Q q 0 0 0 rg BT 229.49 466.10 Td (three ) Tj ET Q q 0 0 0 rg BT 252.40 466.10 Td (product/service ) Tj ET Q q 0 0 0 rg BT 316.97 466.10 Td (channels. ) Tj ET Q q 0 0 0 rg BT 357.38 466.10 Td (Presented ) Tj ET Q q 0 0 0 rg BT 399.19 466.10 Td (in ) Tj ET Q q 0 0 0 rg BT 409.90 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.04 466.10 Td (table ) Tj ET Q q 0 0 0 rg BT 447.40 466.10 Td (below ) Tj ET Q q 0 0 0 rg BT 474.77 466.10 Td (is ) Tj ET Q q 0 0 0 rg BT 484.37 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 499.52 466.10 Td (breakout ) Tj ET Q q 0 0 0 rg BT 537.43 466.10 Td (of ) Tj ET Q q 0 0 0 rg BT 548.69 466.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 88.04 454.10 Td (for ) Tj ET Q q 0 0 0 rg BT 102.20 454.10 Td (each ) Tj ET Q q 0 0 0 rg BT 123.01 454.10 Td (of ) Tj ET Q q 0 0 0 rg BT 133.84 454.10 Td (those ) Tj ET Q q 0 0 0 rg BT 157.45 454.10 Td (product/service ) Tj ET Q q 0 0 0 rg BT 221.59 454.10 Td (channels ) Tj ET Q q 0 0 0 rg BT 259.08 454.10 Td (for ) Tj ET Q q 0 0 0 rg BT 273.24 454.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.95 454.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.94 454.10 Td ( ) Tj ET Q q 0 0 0 rg BT 310.44 454.10 Td (months ) Tj ET Q q 0 0 0 rg BT 342.39 454.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.76 454.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 412.36 454.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.36 454.10 Td ( ) Tj ET Q q 0 0 0 rg BT 434.86 454.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 454.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.80 454.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 386.60 248.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 386.60 14.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 386.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 386.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 386.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 356.60 248.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 356.60 14.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 356.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.00 356.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 356.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 415.6 m 446 415.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 415.6 m 450 415.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 415.6 m 499 415.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 401.6 m 446 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 386.6 m 446 386.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446 386.6 m 450 386.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 401.6 m 499 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 386.6 m 499 386.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 341.6 m 446 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 328.6 m 446 328.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 326.6 m 446 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 341.6 m 499 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 328.6 m 499 328.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 326.6 m 499 326.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.50 434.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 419.08 434.28 Td (ee Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.15 420.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 444.94 420.28 Td (ch 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 411.50 406.28 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 406.28 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 392.33 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 376.27 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 179.89 376.27 Td (Exchanges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.50 376.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.60 376.27 Td (77,855) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.50 376.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 376.27 Td (77,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 361.27 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 179.87 361.27 Td (Exchanges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.60 361.27 Td (44,001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 361.27 Td (48,015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 346.27 Td (Risk ) Tj ET Q q 0 0 0 rg BT 159.34 346.27 Td (Compliance ) Tj ET Q q 0 0 0 rg BT 210.16 346.27 Td (Solutions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.60 346.27 Td (16,020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 346.27 Td (17,172) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 138.50 332.28 Td (T) Tj ET Q q 0 0 0 rg BT 144.25 332.28 Td (otals) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.50 332.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.60 332.28 Td (137,876) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.50 332.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.60 332.28 Td (142,924) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 304.10 Td (During ) Tj ET Q q 0 0 0 rg BT 117.06 304.10 Td (the ) Tj ET Q q 0 0 0 rg BT 132.01 304.10 Td (three ) Tj ET Q q 0 0 0 rg BT 154.72 304.10 Td (months ) Tj ET Q q 0 0 0 rg BT 186.90 304.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.50 304.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 257.33 304.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.33 304.10 Td (, ) Tj ET Q q 0 0 0 rg BT 282.56 304.10 Td (our ) Tj ET Q q 0 0 0 rg BT 298.62 304.10 Td (total ) Tj ET Q q 0 0 0 rg BT 319.13 304.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 359.62 304.10 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.88 304.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.30 304.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.03 304.10 Td ($5.0 ) Tj ET Q q 0 0 0 rg BT 460.26 304.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 304.10 Td (, ) Tj ET Q q 0 0 0 rg BT 494.38 304.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.44 304.10 Td (4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.77 304.10 Td (, ) Tj ET Q q 0 0 0 rg BT 524.00 304.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.51 304.10 Td ($137.9 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 292.10 Td ( ) Tj ET Q q 0 0 0 rg BT 81.93 292.10 Td (as ) Tj ET Q q 0 0 0 rg BT 93.30 292.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 135.77 292.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.59 292.10 Td ($142.9 ) Tj ET Q q 0 0 0 rg BT 177.13 292.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.02 292.10 Td ( ) Tj ET Q q 0 0 0 rg BT 209.06 292.10 Td (during ) Tj ET Q q 0 0 0 rg BT 238.21 292.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.47 292.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.58 292.10 Td ( ) Tj ET Q q 0 0 0 rg BT 272.62 292.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 303.97 292.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.35 292.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.35 292.10 Td (. ) Tj ET Q q 0 0 0 rg BT 340.89 292.10 Td (On ) Tj ET Q q 0 0 0 rg BT 356.15 292.10 Td (March ) Tj ET Q q 0 0 0 rg BT 385.29 292.10 Td (1) Tj ET Q q 0 0 0 rg BT 389.92 292.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 400.46 292.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 426.00 292.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 474.04 292.10 Td (was ) Tj ET Q q 0 0 0 rg BT 492.63 292.10 Td (declared ) Tj ET Q q 0 0 0 rg BT 529.53 292.10 Td (a ) Tj ET Q q 0 0 0 rg BT 537.01 292.10 Td (global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.10 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 91.51 280.10 Td (by ) Tj ET Q q 0 0 0 rg BT 104.15 280.10 Td (the ) Tj ET Q q 0 0 0 rg BT 118.81 280.10 Td (W) Tj ET Q q 0 0 0 rg BT 127.45 280.10 Td (orld ) Tj ET Q q 0 0 0 rg BT 146.20 280.10 Td (Health ) Tj ET Q q 0 0 0 rg BT 175.49 280.10 Td (Or) Tj ET Q q 0 0 0 rg BT 185.86 280.10 Td (ganization. ) Tj ET Q q 0 0 0 rg BT 232.07 280.10 Td (Across ) Tj ET Q q 0 0 0 rg BT 262.48 280.10 Td (the ) Tj ET Q q 0 0 0 rg BT 277.33 280.10 Td (United ) Tj ET Q q 0 0 0 rg BT 307.19 280.10 Td (States ) Tj ET Q q 0 0 0 rg BT 333.71 280.10 Td (and ) Tj ET Q q 0 0 0 rg BT 350.79 280.10 Td (the ) Tj ET Q q 0 0 0 rg BT 365.65 280.10 Td (world, ) Tj ET Q q 0 0 0 rg BT 394.11 280.10 Td (governments ) Tj ET Q q 0 0 0 rg BT 448.41 280.10 Td (and ) Tj ET Q q 0 0 0 rg BT 465.48 280.10 Td (municipalities ) Tj ET Q q 0 0 0 rg BT 524.78 280.10 Td (instituted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 90.04 268.10 Td (in ) Tj ET Q q 0 0 0 rg BT 100.65 268.10 Td (an ) Tj ET Q q 0 0 0 rg BT 112.92 268.10 Td (ef) Tj ET Q q 0 0 0 rg BT 120.51 268.10 Td (fort ) Tj ET Q q 0 0 0 rg BT 137.78 268.10 Td (to ) Tj ET Q q 0 0 0 rg BT 148.39 268.10 Td (control ) Tj ET Q q 0 0 0 rg BT 179.55 268.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.59 268.10 Td (spread ) Tj ET Q q 0 0 0 rg BT 223.53 268.10 Td (of ) Tj ET Q q 0 0 0 rg BT 234.69 268.10 Td (COVID-19, ) Tj ET Q q 0 0 0 rg BT 285.01 268.10 Td (including ) Tj ET Q q 0 0 0 rg BT 325.62 268.10 Td (quarantines, ) Tj ET Q q 0 0 0 rg BT 377.05 268.10 Td (shelter) Tj ET Q q 0 0 0 rg BT 403.50 268.10 Td (-in-place ) Tj ET Q q 0 0 0 rg BT 441.87 268.10 Td (orders, ) Tj ET Q q 0 0 0 rg BT 472.19 268.10 Td (school ) Tj ET Q q 0 0 0 rg BT 501.13 268.10 Td (closings, ) Tj ET Q q 0 0 0 rg BT 539.24 268.10 Td (travel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.10 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 97.62 256.10 Td (and ) Tj ET Q q 0 0 0 rg BT 115.25 256.10 Td (the ) Tj ET Q q 0 0 0 rg BT 130.66 256.10 Td (closure ) Tj ET Q q 0 0 0 rg BT 162.73 256.10 Td (of ) Tj ET Q q 0 0 0 rg BT 174.25 256.10 Td (non-essential ) Tj ET Q q 0 0 0 rg BT 230.21 256.10 Td (businesses. ) Tj ET Q q 0 0 0 rg BT 278.12 256.10 Td (By ) Tj ET Q q 0 0 0 rg BT 292.98 256.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.39 256.10 Td (end ) Tj ET Q q 0 0 0 rg BT 326.02 256.10 Td (of ) Tj ET Q q 0 0 0 rg BT 337.54 256.10 Td (March, ) Tj ET Q q 0 0 0 rg BT 369.33 256.10 Td (the ) Tj ET Q q 0 0 0 rg BT 384.73 256.10 Td (macroeconomic ) Tj ET Q q 0 0 0 rg BT 451.78 256.10 Td (impacts ) Tj ET Q q 0 0 0 rg BT 486.08 256.10 Td (became ) Tj ET Q q 0 0 0 rg BT 519.80 256.10 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.10 Td (worldwide, ) Tj ET Q q 0 0 0 rg BT 97.23 244.10 Td (exhibited ) Tj ET Q q 0 0 0 rg BT 136.40 244.10 Td (by) Tj ET Q q 0 0 0 rg BT 145.75 244.10 Td (, ) Tj ET Q q 0 0 0 rg BT 150.21 244.10 Td (among ) Tj ET Q q 0 0 0 rg BT 179.39 244.10 Td (other ) Tj ET Q q 0 0 0 rg BT 201.89 244.10 Td (things, ) Tj ET Q q 0 0 0 rg BT 230.80 244.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 264.40 244.10 Td (Gross ) Tj ET Q q 0 0 0 rg BT 289.70 244.10 Td (National ) Tj ET Q q 0 0 0 rg BT 326.09 244.10 Td (Product, ) Tj ET Q q 0 0 0 rg BT 361.66 244.10 Td (a ) Tj ET Q q 0 0 0 rg BT 368.06 244.10 Td (rise ) Tj ET Q q 0 0 0 rg BT 384.46 244.10 Td (in ) Tj ET Q q 0 0 0 rg BT 394.19 244.10 Td (unemployment, ) Tj ET Q q 0 0 0 rg BT 458.64 244.10 Td (and ) Tj ET Q q 0 0 0 rg BT 475.04 244.10 Td (volatility ) Tj ET Q q 0 0 0 rg BT 513.11 244.10 Td (in ) Tj ET Q q 0 0 0 rg BT 522.85 244.10 Td (the ) Tj ET Q q 0 0 0 rg BT 537.02 244.10 Td (equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.10 Td (markets. ) Tj ET Q q 0 0 0 rg BT 87.60 232.10 Td (The ) Tj ET Q q 0 0 0 rg BT 106.86 232.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 144.99 232.10 Td (in ) Tj ET Q q 0 0 0 rg BT 156.49 232.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 195.74 232.10 Td (year) Tj ET Q q 0 0 0 rg BT 212.74 232.10 Td (-over) Tj ET Q q 0 0 0 rg BT 233.64 232.10 Td (-year ) Tj ET Q q 0 0 0 rg BT 257.89 232.10 Td (was ) Tj ET Q q 0 0 0 rg BT 277.16 232.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 318.09 232.10 Td (the ) Tj ET Q q 0 0 0 rg BT 334.02 232.10 Td (result ) Tj ET Q q 0 0 0 rg BT 359.95 232.10 Td (of ) Tj ET Q q 0 0 0 rg BT 372.00 232.10 Td (the ) Tj ET Q q 0 0 0 rg BT 387.93 232.10 Td (negative ) Tj ET Q q 0 0 0 rg BT 425.51 232.10 Td (impacts ) Tj ET Q q 0 0 0 rg BT 460.33 232.10 Td (of ) Tj ET Q q 0 0 0 rg BT 472.38 232.10 Td (the ) Tj ET Q q 0 0 0 rg BT 488.31 232.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 537.02 232.10 Td (global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.10 Td (pandemic, ) Tj ET Q q 0 0 0 rg BT 94.35 220.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 143.42 220.10 Td (within ) Tj ET Q q 0 0 0 rg BT 171.95 220.10 Td (the ) Tj ET Q q 0 0 0 rg BT 187.14 220.10 Td (Company) Tj ET Q q 0 0 0 rg BT 228.81 220.10 Td (s ) Tj ET Q q 0 0 0 rg BT 235.68 220.10 Td (travel, ) Tj ET Q q 0 0 0 rg BT 263.92 220.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 295.77 220.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 336.51 220.10 Td (and ) Tj ET Q q 0 0 0 rg BT 353.92 220.10 Td (consulting ) Tj ET Q q 0 0 0 rg BT 398.56 220.10 Td (business ) Tj ET Q q 0 0 0 rg BT 435.43 220.10 Td (areas. ) Tj ET Q q 0 0 0 rg BT 461.45 220.10 Td ( ) Tj ET Q q 0 0 0 rg BT 464.43 220.10 Td (Reported ) Tj ET Q q 0 0 0 rg BT 504.06 220.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 542.57 220.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 89.06 208.10 Td (by ) Tj ET Q q 0 0 0 rg BT 101.48 208.10 Td (the ) Tj ET Q q 0 0 0 rg BT 116.11 208.10 Td (continuing ) Tj ET Q q 0 0 0 rg BT 161.30 208.10 Td (weakening ) Tj ET Q q 0 0 0 rg BT 207.03 208.10 Td (in ) Tj ET Q q 0 0 0 rg BT 217.22 208.10 Td (the ) Tj ET Q q 0 0 0 rg BT 231.85 208.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 263.14 208.10 Td (currencies ) Tj ET Q q 0 0 0 rg BT 306.64 208.10 Td (in ) Tj ET Q q 0 0 0 rg BT 316.84 208.10 Td (which ) Tj ET Q q 0 0 0 rg BT 343.69 208.10 Td (we ) Tj ET Q q 0 0 0 rg BT 357.76 208.10 Td (conduct ) Tj ET Q q 0 0 0 rg BT 391.83 208.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 435.90 208.10 Td (\(particularly ) Tj ET Q q 0 0 0 rg BT 487.74 208.10 Td (in ) Tj ET Q q 0 0 0 rg BT 497.93 208.10 Td (India, ) Tj ET Q q 0 0 0 rg BT 522.86 208.10 Td (Australia, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.10 Td (and ) Tj ET Q q 0 0 0 rg BT 67.01 196.10 Td (the ) Tj ET Q q 0 0 0 rg BT 81.81 196.10 Td (United ) Tj ET Q q 0 0 0 rg BT 111.60 196.10 Td (Kingdom\) ) Tj ET Q q 0 0 0 rg BT 155.28 196.10 Td (relative ) Tj ET Q q 0 0 0 rg BT 187.84 196.10 Td (to ) Tj ET Q q 0 0 0 rg BT 198.19 196.10 Td (the ) Tj ET Q q 0 0 0 rg BT 212.99 196.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 233.34 196.10 Td (dollar) Tj ET Q q 0 0 0 rg BT 256.12 196.10 Td (. ) Tj ET Q q 0 0 0 rg BT 261.19 196.10 Td (Specifically) Tj ET Q q 0 0 0 rg BT 308.30 196.10 Td (, ) Tj ET Q q 0 0 0 rg BT 313.38 196.10 Td (the ) Tj ET Q q 0 0 0 rg BT 328.17 196.10 Td (adverse ) Tj ET Q q 0 0 0 rg BT 361.28 196.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 391.07 196.10 Td (from ) Tj ET Q q 0 0 0 rg BT 413.09 196.10 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 462.87 196.10 Td (of ) Tj ET Q q 0 0 0 rg BT 473.78 196.10 Td (the ) Tj ET Q q 0 0 0 rg BT 488.57 196.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 528.90 196.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 550.35 196.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.07 184.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 94.80 184.10 Td (currencies ) Tj ET Q q 0 0 0 rg BT 137.74 184.10 Td (in ) Tj ET Q q 0 0 0 rg BT 147.38 184.10 Td (the ) Tj ET Q q 0 0 0 rg BT 161.45 184.10 Td (countries ) Tj ET Q q 0 0 0 rg BT 199.96 184.10 Td (in ) Tj ET Q q 0 0 0 rg BT 209.59 184.10 Td (which ) Tj ET Q q 0 0 0 rg BT 235.89 184.10 Td (we ) Tj ET Q q 0 0 0 rg BT 249.40 184.10 Td (conduct ) Tj ET Q q 0 0 0 rg BT 282.92 184.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 328.93 184.10 Td (in ) Tj ET Q q 0 0 0 rg BT 338.56 184.10 Td (the ) Tj ET Q q 0 0 0 rg BT 352.63 184.10 Td (aggregate, ) Tj ET Q q 0 0 0 rg BT 395.85 184.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 429.35 184.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 464.52 184.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 501.91 184.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.77 184.10 Td ($3.7 ) Tj ET Q q 0 0 0 rg BT 533.13 184.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (for ) Tj ET Q q 0 0 0 rg BT 64.16 172.10 Td (the ) Tj ET Q q 0 0 0 rg BT 78.88 172.10 Td (three ) Tj ET Q q 0 0 0 rg BT 101.36 172.10 Td (months ) Tj ET Q q 0 0 0 rg BT 133.31 172.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.69 172.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 203.29 172.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.29 172.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 150.10 Td (W) Tj ET Q q 0 0 0 rg BT 95.04 150.10 Td (ith ) Tj ET Q q 0 0 0 rg BT 107.77 150.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 138.26 150.10 Td (to ) Tj ET Q q 0 0 0 rg BT 148.21 150.10 Td (business ) Tj ET Q q 0 0 0 rg BT 184.27 150.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 234.22 150.10 Td (completed ) Tj ET Q q 0 0 0 rg BT 278.04 150.10 Td (during ) Tj ET Q q 0 0 0 rg BT 306.32 150.10 Td (the ) Tj ET Q q 0 0 0 rg BT 320.71 150.10 Td (years ) Tj ET Q q 0 0 0 rg BT 343.98 150.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 366.16 150.10 Td (and ) Tj ET Q q 0 0 0 rg BT 382.77 150.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 404.94 150.10 Td (on ) Tj ET Q q 0 0 0 rg BT 417.11 150.10 Td (a ) Tj ET Q q 0 0 0 rg BT 423.72 150.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 439.23 150.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 465.28 150.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 489.95 150.10 Td (as ) Tj ET Q q 0 0 0 rg BT 500.45 150.10 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 539.84 150.10 Td (in ) Tj ET Q q 0 0 0 rg BT 549.79 150.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 65.64 138.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 91.83 138.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 129.12 138.10 Td (information ) Tj ET Q q 0 0 0 rg BT 178.65 138.10 Td (table ) Tj ET Q q 0 0 0 rg BT 200.39 138.10 Td (in ) Tj ET Q q 0 0 0 rg BT 210.48 138.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 232.23 138.10 Td (3, ) Tj ET Q q 0 0 0 rg BT 242.05 138.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 283.79 138.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 321.64 138.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 363.37 138.10 Td (3.7% ) Tj ET Q q 0 0 0 rg BT 386.51 138.10 Td (for ) Tj ET Q q 0 0 0 rg BT 400.48 138.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.01 138.10 Td (three ) Tj ET Q q 0 0 0 rg BT 437.31 138.10 Td (months ) Tj ET Q q 0 0 0 rg BT 469.07 138.10 Td (ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.60 138.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 542.01 138.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.10 Td (versus ) Tj ET Q q 0 0 0 rg BT 77.82 126.10 Td (the ) Tj ET Q q 0 0 0 rg BT 92.31 126.10 Td (same ) Tj ET Q q 0 0 0 rg BT 115.12 126.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 146.83 126.10 Td (in ) Tj ET Q q 0 0 0 rg BT 156.88 126.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 181.49 126.10 Td (The ) Tj ET Q q 0 0 0 rg BT 199.30 126.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 221.57 126.10 Td (and ) Tj ET Q q 0 0 0 rg BT 238.28 126.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 260.55 126.10 Td (pro ) Tj ET Q q 0 0 0 rg BT 276.15 126.10 Td (forma ) Tj ET Q q 0 0 0 rg BT 302.29 126.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 339.54 126.10 Td (information ) Tj ET Q q 0 0 0 rg BT 389.03 126.10 Td (assumes ) Tj ET Q q 0 0 0 rg BT 424.63 126.10 Td (that ) Tj ET Q q 0 0 0 rg BT 441.89 126.10 Td (all ) Tj ET Q q 0 0 0 rg BT 454.16 126.10 Td (business ) Tj ET Q q 0 0 0 rg BT 490.32 126.10 Td 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BT 64.62 102.10 Td (the ) Tj ET Q q 0 0 0 rg BT 79.80 102.10 Td (three ) Tj ET Q q 0 0 0 rg BT 102.74 102.10 Td (months ) Tj ET Q q 0 0 0 rg BT 135.15 102.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.99 102.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 206.05 102.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.05 102.10 Td ( ) Tj ET Q q 0 0 0 rg BT 229.01 102.10 Td (only ) Tj ET Q q 0 0 0 rg BT 249.75 102.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 286.03 102.10 Td (the ) Tj ET Q q 0 0 0 rg BT 301.21 102.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 339.71 102.10 Td (from ) Tj ET Q q 0 0 0 rg BT 362.11 102.10 Td (these ) Tj ET Q q 0 0 0 rg BT 385.61 102.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 430.80 102.10 Td (since ) Tj ET Q q 0 0 0 rg BT 454.30 102.10 Td (the ) Tj ET Q q 0 0 0 rg BT 469.48 102.10 Td (ef) Tj ET Q q 0 0 0 rg BT 477.07 102.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 507.23 102.10 Td (date ) Tj ET Q q 0 0 0 rg BT 526.85 102.10 Td (that ) Tj ET Q q 0 0 0 rg BT 544.80 102.10 Td (they ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td (were ) Tj ET Q q 0 0 0 rg BT 72.11 90.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 109.22 90.10 Td (or ) Tj ET Q q 0 0 0 rg BT 120.23 90.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 173.45 90.10 Td (by ) Tj ET Q q 0 0 0 rg BT 186.14 90.10 Td (Ebix, ) Tj ET Q q 0 0 0 rg BT 210.20 90.10 Td (being ) Tj ET Q q 0 0 0 rg BT 235.10 90.10 Td (January ) Tj ET Q q 0 0 0 rg BT 268.88 90.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 291.57 90.10 Td (for ) Tj ET Q q 0 0 0 rg BT 305.91 90.10 Td (Zillious, ) Tj ET Q q 0 0 0 rg BT 342.20 90.10 Td (January ) Tj ET Q q 0 0 0 rg BT 375.98 90.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 398.67 90.10 Td (for ) Tj ET Q q 0 0 0 rg BT 413.01 90.10 Td (Essel ) Tj ET Q q 0 0 0 rg BT 436.80 90.10 Td (and ) Tj ET Q q 0 0 0 rg BT 453.33 90.10 Td (August ) Tj ET Q q 0 0 0 rg BT 484.90 90.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 507.58 90.10 Td (for ) Tj ET Q q 0 0 0 rg BT 521.73 90.10 Td (W) Tj ET Q q 0 0 0 rg BT 530.37 90.10 Td (allstreet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.10 Td (Canada.) 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 610.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 610.10 Td (Pro ) Tj ET Q q 0 0 0 rg BT 137.96 610.10 Td (formas ) Tj ET Q q 0 0 0 rg BT 167.79 610.10 Td (do ) Tj ET Q q 0 0 0 rg BT 179.86 610.10 Td (not ) Tj ET Q q 0 0 0 rg BT 194.70 610.10 Td (include ) Tj ET Q q 0 0 0 rg BT 226.20 610.10 Td (post ) Tj ET Q q 0 0 0 rg BT 244.93 610.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 290.88 610.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 324.59 610.10 Td (reductions ) Tj ET Q q 0 0 0 rg BT 368.31 610.10 Td (as ) Tj ET Q q 0 0 0 rg BT 378.71 610.10 Td (a ) Tj ET Q q 0 0 0 rg BT 385.21 610.10 Td (result ) Tj ET Q q 0 0 0 rg BT 409.50 610.10 Td (of ) Tj ET Q q 0 0 0 rg BT 419.89 610.10 Td (discontinuation ) Tj ET Q q 0 0 0 rg BT 483.62 610.10 Td (of ) Tj ET Q q 0 0 0 rg BT 494.01 610.10 Td (any ) Tj ET Q q 0 0 0 rg BT 510.52 610.10 Td (product ) Tj ET Q q 0 0 0 rg BT 543.13 610.10 Td (lines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 598.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 150.05 598.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 189.20 598.10 Td (projects ) Tj ET Q q 0 0 0 rg BT 223.36 598.10 Td (by ) Tj ET Q q 0 0 0 rg BT 235.86 598.10 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 257.24 598.10 Td (in ) Tj ET Q q 0 0 0 rg BT 267.52 598.10 Td (line ) Tj ET Q q 0 0 0 rg BT 285.02 598.10 Td (with ) Tj ET Q q 0 0 0 rg BT 305.30 598.10 Td (the ) Tj ET Q q 0 0 0 rg BT 320.01 598.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 367.09 598.10 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 409.03 598.10 Td (to ) Tj ET Q q 0 0 0 rg BT 419.31 598.10 Td (maximize ) Tj ET Q q 0 0 0 rg BT 461.24 598.10 Td (profitability) Tj ET Q q 0 0 0 rg BT 508.36 598.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 586.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 586.10 Td (The ) Tj ET Q q 0 0 0 rg BT 141.02 586.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 171.71 586.10 Td (from ) Tj ET Q q 0 0 0 rg BT 194.62 586.10 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 245.31 586.10 Td (of ) Tj ET Q q 0 0 0 rg BT 257.11 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 272.80 586.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 314.03 586.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 336.38 586.10 Td (for ) Tj ET Q q 0 0 0 rg BT 351.51 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 367.21 586.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 399.56 586.10 Td (currencies ) Tj ET Q q 0 0 0 rg BT 444.11 586.10 Td (in ) Tj ET Q q 0 0 0 rg BT 455.37 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 471.06 586.10 Td (countries ) Tj ET Q q 0 0 0 rg BT 511.19 586.10 Td (in ) Tj ET Q q 0 0 0 rg BT 522.44 586.10 Td (which ) Tj ET Q q 0 0 0 rg BT 550.35 586.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 574.10 Td (conduct ) Tj ET Q q 0 0 0 rg BT 156.16 574.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 200.31 574.10 Td (also ) Tj ET Q q 0 0 0 rg BT 218.92 574.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 254.74 574.10 Td (af) Tj ET Q q 0 0 0 rg BT 262.33 574.10 Td (fected ) Tj ET Q q 0 0 0 rg BT 289.25 574.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 325.07 574.10 Td (revenues.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (Cost ) Tj ET Q q 0 0 0 rg BT 70.84 552.10 Td (of ) Tj ET Q q 0 0 0 rg BT 81.67 552.10 Td (Services ) Tj ET Q q 0 0 0 rg BT 118.05 552.10 Td (Provided) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 530.10 Td (Costs ) Tj ET Q q 0 0 0 rg BT 111.73 530.10 Td (of ) Tj ET Q q 0 0 0 rg BT 123.57 530.10 Td (services ) Tj ET Q q 0 0 0 rg BT 159.28 530.10 Td (provided, ) Tj ET Q q 0 0 0 rg BT 200.83 530.10 Td (which ) Tj ET Q q 0 0 0 rg BT 228.77 530.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 265.59 530.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 289.10 530.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 333.69 530.10 Td (with ) Tj ET Q q 0 0 0 rg BT 354.97 530.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 395.13 530.10 Td (support, ) Tj ET Q q 0 0 0 rg BT 431.13 530.10 Td (consulting, ) Tj ET Q q 0 0 0 rg BT 478.80 530.10 Td (implementation, ) Tj ET Q q 0 0 0 rg BT 547.57 530.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (training ) Tj ET Q q 0 0 0 rg BT 83.92 518.10 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.44 518.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.20 518.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.01 518.10 Td ($1) Tj ET Q q 0 0 0 rg BT 171.64 518.10 Td (1.5 ) Tj ET Q q 0 0 0 rg BT 186.96 518.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.85 518.10 Td (, ) Tj ET Q q 0 0 0 rg BT 221.17 518.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.31 518.10 Td (25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.64 518.10 Td (, ) Tj ET Q q 0 0 0 rg BT 255.96 518.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.55 518.10 Td ($57.5 ) Tj ET Q q 0 0 0 rg BT 291.87 518.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.76 518.10 Td ( ) Tj ET Q q 0 0 0 rg BT 323.58 518.10 Td (in ) Tj ET Q q 0 0 0 rg BT 334.17 518.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.21 518.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.32 518.10 Td ( ) Tj ET Q q 0 0 0 rg BT 368.13 518.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 399.26 518.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.41 518.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.41 518.10 Td ( ) Tj ET Q q 0 0 0 rg BT 433.23 518.10 Td (as ) Tj ET Q q 0 0 0 rg BT 444.37 518.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 486.61 518.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.21 518.10 Td ($45.9 ) Tj ET Q q 0 0 0 rg BT 522.52 518.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.42 518.10 Td ( ) Tj ET Q q 0 0 0 rg BT 554.23 518.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.88 506.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.99 506.10 Td ( ) Tj ET Q q 0 0 0 rg BT 83.66 506.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 114.64 506.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.63 506.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.63 506.10 Td (. ) Tj ET Q q 0 0 0 rg BT 150.60 506.10 Td (The ) Tj ET Q q 0 0 0 rg BT 168.81 506.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 204.23 506.10 Td (in ) Tj ET Q q 0 0 0 rg BT 214.68 506.10 Td (the ) Tj ET Q q 0 0 0 rg BT 229.56 506.10 Td (Company) Tj ET Q q 0 0 0 rg BT 271.22 506.10 Td (s ) Tj ET Q q 0 0 0 rg BT 277.78 506.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 296.55 506.10 Td (of ) Tj ET Q q 0 0 0 rg BT 307.55 506.10 Td (services ) Tj ET Q q 0 0 0 rg BT 342.42 506.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 380.63 506.10 Td (is ) Tj ET Q q 0 0 0 rg BT 389.97 506.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 429.85 506.10 Td (due ) Tj ET Q q 0 0 0 rg BT 446.95 506.10 Td (to ) Tj ET Q q 0 0 0 rg BT 457.39 506.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 491.70 506.10 Td (mix ) Tj ET Q q 0 0 0 rg BT 509.92 506.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 544.80 506.10 Td (year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.10 Td (over ) Tj ET Q q 0 0 0 rg BT 69.34 494.10 Td (year) Tj ET Q q 0 0 0 rg BT 86.15 494.10 Td (, ) Tj ET Q q 0 0 0 rg BT 90.22 494.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 137.89 494.10 Td (gift ) Tj ET Q q 0 0 0 rg BT 153.35 494.10 Td (cards ) Tj ET Q q 0 0 0 rg BT 176.02 494.10 Td (sold ) Tj ET Q q 0 0 0 rg BT 194.26 494.10 Td (within ) Tj ET Q q 0 0 0 rg BT 221.39 494.10 Td (the ) Tj ET Q q 0 0 0 rg BT 235.18 494.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 275.64 494.10 Td (India ) Tj ET Q q 0 0 0 rg BT 297.76 494.10 Td (operations. ) Tj ET Q q 0 0 0 rg BT 343.38 494.10 Td (The ) Tj ET Q q 0 0 0 rg BT 360.50 494.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 394.83 494.10 Td (in ) Tj ET Q q 0 0 0 rg BT 404.18 494.10 Td (the ) Tj ET Q q 0 0 0 rg BT 417.97 494.10 Td (Company) Tj ET Q q 0 0 0 rg BT 459.63 494.10 Td (s ) Tj ET Q q 0 0 0 rg BT 465.10 494.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 482.78 494.10 Td (of ) Tj ET Q q 0 0 0 rg BT 492.69 494.10 Td (services ) Tj ET Q q 0 0 0 rg BT 526.47 494.10 Td (provided ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.10 Td (is ) Tj ET Q q 0 0 0 rg BT 58.98 482.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 98.51 482.10 Td (due ) Tj ET Q q 0 0 0 rg BT 115.26 482.10 Td (to ) Tj ET Q q 0 0 0 rg BT 125.35 482.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 159.30 482.10 Td (mix ) Tj ET Q q 0 0 0 rg BT 177.17 482.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 211.69 482.10 Td (year ) Tj ET Q q 0 0 0 rg BT 231.21 482.10 Td (over ) Tj ET Q q 0 0 0 rg BT 251.29 482.10 Td (year) Tj ET Q q 0 0 0 rg BT 268.10 482.10 Td (, ) Tj ET Q q 0 0 0 rg BT 272.91 482.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 321.31 482.10 Td (within ) Tj ET Q q 0 0 0 rg BT 349.18 482.10 Td (the ) Tj ET Q q 0 0 0 rg BT 363.71 482.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 400.45 482.10 Td (solutions ) Tj ET Q q 0 0 0 rg BT 438.88 482.10 Td (business ) Tj ET Q q 0 0 0 rg BT 475.09 482.10 Td (of ) Tj ET Q q 0 0 0 rg BT 485.73 482.10 Td (the ) Tj ET Q q 0 0 0 rg BT 500.26 482.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 541.46 482.10 Td (India ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.10 Td (operations.) Tj ET Q q 0 0 0 rg BT 96.10 470.10 Td (As ) Tj ET Q q 0 0 0 rg BT 108.96 470.10 Td (a ) Tj ET Q q 0 0 0 rg BT 115.14 470.10 Td (result ) Tj ET Q q 0 0 0 rg BT 139.09 470.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.17 470.10 Td (the ) Tj ET Q q 0 0 0 rg BT 163.12 470.10 Td (countrywide ) Tj ET Q q 0 0 0 rg BT 214.85 470.10 Td (lockdown ) Tj ET Q q 0 0 0 rg BT 256.03 470.10 Td (in ) Tj ET Q q 0 0 0 rg BT 265.55 470.10 Td (India ) Tj ET Q q 0 0 0 rg BT 287.83 470.10 Td (related ) Tj ET Q q 0 0 0 rg BT 316.78 470.10 Td (to ) Tj ET Q q 0 0 0 rg BT 326.30 470.10 Td (COVID-19, ) Tj ET Q q 0 0 0 rg BT 375.53 470.10 Td (there ) Tj ET Q q 0 0 0 rg BT 397.26 470.10 Td (was ) Tj ET Q q 0 0 0 rg BT 414.55 470.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 454.05 470.10 Td (demand ) Tj ET Q q 0 0 0 rg BT 487.44 470.10 Td (for ) Tj ET Q q 0 0 0 rg BT 500.84 470.10 Td (online ) Tj ET Q q 0 0 0 rg BT 527.58 470.10 Td (payment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.10 Td (solutions. ) Tj ET Q q 0 0 0 rg BT 93.50 458.10 Td (Payment ) Tj ET Q q 0 0 0 rg BT 130.87 458.10 Td (solutions ) Tj ET Q q 0 0 0 rg BT 169.37 458.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 207.29 458.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 247.42 458.10 Td (by ) Tj ET Q q 0 0 0 rg BT 259.80 458.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 289.93 458.10 Td (than ) Tj ET Q q 0 0 0 rg BT 309.53 458.10 Td (120% ) Tj ET Q q 0 0 0 rg BT 335.24 458.10 Td (in ) Tj ET Q q 0 0 0 rg BT 345.40 458.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.99 458.10 Td (first ) Tj ET Q q 0 0 0 rg BT 378.48 458.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 409.17 458.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 435.43 458.10 Td (March ) Tj ET Q q 0 0 0 rg BT 463.91 458.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 478.79 458.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 501.17 458.10 Td (from ) Tj ET Q q 0 0 0 rg BT 522.99 458.10 Td (the ) Tj ET Q q 0 0 0 rg BT 537.58 458.10 Td (fourth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 80.82 446.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 107.19 446.10 Td (December ) Tj ET Q q 0 0 0 rg BT 150.78 446.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 165.78 446.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 190.78 446.10 Td (and ) Tj ET Q q 0 0 0 rg BT 207.71 446.10 Td (carry ) Tj ET Q q 0 0 0 rg BT 230.75 446.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 256.02 446.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 279.63 446.10 Td (mar) Tj ET Q q 0 0 0 rg BT 295.00 446.10 Td (gins ) Tj ET Q q 0 0 0 rg BT 314.17 446.10 Td (relative ) Tj ET Q q 0 0 0 rg BT 346.65 446.10 Td (to ) Tj ET Q q 0 0 0 rg BT 356.93 446.10 Td (other ) Tj ET Q q 0 0 0 rg BT 379.98 446.10 Td (solutions/services ) Tj ET Q q 0 0 0 rg BT 453.58 446.10 Td (of) Tj ET Q q 0 0 0 rg BT 461.73 446.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 484.77 446.10 Td (by ) Tj ET Q q 0 0 0 rg BT 497.27 446.10 Td (the ) Tj ET Q q 0 0 0 rg BT 511.98 446.10 Td (Company) Tj ET Q q 0 0 0 rg BT 550.22 446.10 Td (.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 424.10 Td (Product ) Tj ET Q q 0 0 0 rg BT 85.28 424.10 Td (Development ) Tj ET Q q 0 0 0 rg BT 141.65 424.10 Td (Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 400.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.66 400.10 Td (Company) Tj ET Q q 0 0 0 rg BT 145.32 400.10 Td (s ) Tj ET Q q 0 0 0 rg BT 151.32 400.10 Td (product ) Tj ET Q q 0 0 0 rg BT 183.98 400.10 Td (development ) Tj ET Q q 0 0 0 rg BT 237.73 400.10 Td (ef) Tj ET Q q 0 0 0 rg BT 245.32 400.10 Td (forts ) Tj ET Q q 0 0 0 rg BT 265.76 400.10 Td (are ) Tj ET Q q 0 0 0 rg BT 280.08 400.10 Td (focused ) Tj ET Q q 0 0 0 rg BT 313.28 400.10 Td (on ) Tj ET Q q 0 0 0 rg BT 325.39 400.10 Td (the ) Tj ET Q q 0 0 0 rg BT 339.72 400.10 Td (development ) Tj ET Q q 0 0 0 rg BT 393.48 400.10 Td (of ) Tj ET Q q 0 0 0 rg BT 403.91 400.10 Td (new ) Tj ET Q q 0 0 0 rg BT 422.68 400.10 Td (technologies ) Tj ET Q q 0 0 0 rg BT 475.33 400.10 Td (for ) Tj ET Q q 0 0 0 rg BT 489.10 400.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 529.53 400.10 Td (carriers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.10 Td (brokers ) Tj ET Q q 0 0 0 rg BT 82.44 388.10 Td (and ) Tj ET Q q 0 0 0 rg BT 99.34 388.10 Td (agents, ) Tj ET Q q 0 0 0 rg BT 129.84 388.10 Td (the ) Tj ET Q q 0 0 0 rg BT 144.51 388.10 Td (development ) Tj ET Q q 0 0 0 rg BT 198.61 388.10 Td (of ) Tj ET Q q 0 0 0 rg BT 209.39 388.10 Td (new ) Tj ET Q q 0 0 0 rg BT 228.51 388.10 Td (data ) Tj ET Q q 0 0 0 rg BT 247.62 388.10 Td (exchanges ) Tj ET Q q 0 0 0 rg BT 291.72 388.10 Td (for ) Tj ET Q q 0 0 0 rg BT 305.83 388.10 Td (use ) Tj ET Q q 0 0 0 rg BT 321.61 388.10 Td (in ) Tj ET Q q 0 0 0 rg BT 331.85 388.10 Td (the ) Tj ET Q q 0 0 0 rg BT 346.52 388.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 387.29 388.10 Td (and ) Tj ET Q q 0 0 0 rg BT 404.18 388.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 441.61 388.10 Td (services ) Tj ET Q q 0 0 0 rg BT 476.27 388.10 Td (industries, ) Tj ET Q q 0 0 0 rg BT 520.11 388.10 Td (and ) Tj ET Q q 0 0 0 rg BT 537.00 388.10 Td (across ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.73 376.10 Td (travel, ) Tj ET Q q 0 0 0 rg BT 90.51 376.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 126.46 376.10 Td (remittance ) Tj ET Q q 0 0 0 rg BT 170.18 376.10 Td (and ) Tj ET Q q 0 0 0 rg BT 186.13 376.10 Td (solutions ) Tj ET Q q 0 0 0 rg BT 223.76 376.10 Td (and ) Tj ET Q q 0 0 0 rg BT 239.72 376.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 276.21 376.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 315.48 376.10 Td (sectors.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 345.75 376.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.27 376.10 Td (Product ) Tj ET Q q 0 0 0 rg BT 379.89 376.10 Td (development ) Tj ET Q q 0 0 0 rg BT 433.06 376.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 470.67 376.10 Td (decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.60 376.10 Td ($1.8 ) Tj ET Q q 0 0 0 rg BT 530.62 376.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.51 376.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.07 364.10 Td (16%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.40 364.10 Td (, ) Tj ET Q q 0 0 0 rg BT 84.64 364.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.16 364.10 Td ($9.4 ) Tj ET Q q 0 0 0 rg BT 115.40 364.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.29 364.10 Td ( ) Tj ET Q q 0 0 0 rg BT 147.03 364.10 Td (during ) Tj ET Q q 0 0 0 rg BT 175.87 364.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.83 364.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.94 364.10 Td ( ) Tj ET Q q 0 0 0 rg BT 209.68 364.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 240.73 364.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.80 364.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.80 364.10 Td ( ) Tj ET Q q 0 0 0 rg BT 274.54 364.10 Td (as ) Tj ET Q q 0 0 0 rg BT 285.61 364.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 327.77 364.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.29 364.10 Td ($1) Tj ET Q q 0 0 0 rg BT 347.92 364.10 Td (1.2 ) Tj ET Q q 0 0 0 rg BT 363.16 364.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.05 364.10 Td ( ) Tj ET Q q 0 0 0 rg BT 394.79 364.10 Td (during ) Tj ET Q q 0 0 0 rg BT 423.64 364.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.59 364.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.70 364.10 Td ( ) Tj ET Q q 0 0 0 rg BT 457.44 364.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 488.50 364.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.57 364.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.57 364.10 Td (, ) Tj ET Q q 0 0 0 rg BT 524.80 364.10 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.10 Td (due ) Tj ET Q q 0 0 0 rg BT 66.94 352.10 Td (to ) Tj ET Q q 0 0 0 rg BT 77.22 352.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 114.13 352.10 Td (in ) Tj ET Q q 0 0 0 rg BT 124.41 352.10 Td (employee-related ) Tj ET Q q 0 0 0 rg BT 196.31 352.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 218.81 352.10 Td (in ) Tj ET Q q 0 0 0 rg BT 229.09 352.10 Td (our ) Tj ET Q q 0 0 0 rg BT 244.92 352.10 Td (India ) Tj ET Q q 0 0 0 rg BT 267.97 352.10 Td (operations. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 330.10 Td (Sales ) Tj ET Q q 0 0 0 rg BT 74.17 330.10 Td (and ) Tj ET Q q 0 0 0 rg BT 92.23 330.10 Td (Marketing ) Tj ET Q q 0 0 0 rg BT 138.07 330.10 Td (Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 308.10 Td (Sales ) Tj ET Q q 0 0 0 rg BT 109.83 308.10 Td (and ) Tj ET Q q 0 0 0 rg BT 126.99 308.10 Td (marketing ) Tj ET Q q 0 0 0 rg BT 170.25 308.10 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.07 308.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.48 308.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.20 308.10 Td ($2.3 ) Tj ET Q q 0 0 0 rg BT 271.42 308.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.31 308.10 Td (, ) Tj ET Q q 0 0 0 rg BT 305.53 308.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.58 308.10 Td (38%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.91 308.10 Td (, ) Tj ET Q q 0 0 0 rg BT 340.13 308.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.63 308.10 Td ($3.8 ) Tj ET Q q 0 0 0 rg BT 370.85 308.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.74 308.10 Td ( ) Tj ET Q q 0 0 0 rg BT 402.46 308.10 Td (in ) Tj ET Q q 0 0 0 rg BT 412.96 308.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.89 308.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 308.10 Td ( ) Tj ET Q q 0 0 0 rg BT 446.72 308.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 477.76 308.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.81 308.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.81 308.10 Td ( ) Tj ET Q q 0 0 0 rg BT 511.53 308.10 Td (as ) Tj ET Q q 0 0 0 rg BT 522.58 308.10 Td (compared ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.68 296.10 Td ($6.1 ) Tj ET Q q 0 0 0 rg BT 81.07 296.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.97 296.10 Td ( ) Tj ET Q q 0 0 0 rg BT 112.86 296.10 Td (in ) Tj ET Q q 0 0 0 rg BT 123.54 296.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.65 296.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.76 296.10 Td ( ) Tj ET Q q 0 0 0 rg BT 157.66 296.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 188.87 296.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.10 296.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.10 296.10 Td (, ) Tj ET Q q 0 0 0 rg BT 225.50 296.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 265.61 296.10 Td (due ) Tj ET Q q 0 0 0 rg BT 282.95 296.10 Td (to ) Tj ET Q q 0 0 0 rg BT 293.62 296.10 Td (a ) Tj ET Q q 0 0 0 rg BT 300.96 296.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 341.62 296.10 Td (in ) Tj ET Q q 0 0 0 rg BT 352.30 296.10 Td (business ) Tj ET Q q 0 0 0 rg BT 389.09 296.10 Td (promotion ) Tj ET Q q 0 0 0 rg BT 433.65 296.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 472.65 296.10 Td (for ) Tj ET Q q 0 0 0 rg BT 487.20 296.10 Td (our ) Tj ET Q q 0 0 0 rg BT 503.43 296.10 Td (India ) Tj ET Q q 0 0 0 rg BT 526.88 296.10 Td (and ) Tj ET Q q 0 0 0 rg BT 544.21 296.10 Td (U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.10 Td (medical ) Tj ET Q q 0 0 0 rg BT 84.15 284.10 Td (education ) Tj ET Q q 0 0 0 rg BT 125.52 284.10 Td (operations.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (General ) Tj ET Q q 0 0 0 rg BT 85.83 262.10 Td (and ) Tj ET Q q 0 0 0 rg BT 103.52 262.10 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 166.58 262.10 Td (Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 240.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 240.10 Td (General ) Tj ET Q q 0 0 0 rg BT 121.01 240.10 Td (and ) Tj ET Q q 0 0 0 rg BT 138.81 240.10 Td (administrative ) Tj ET Q q 0 0 0 rg BT 199.38 240.10 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.85 240.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.60 240.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.96 240.10 Td ($7.8 ) Tj ET Q q 0 0 0 rg BT 300.83 240.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.72 240.10 Td (, ) Tj ET Q q 0 0 0 rg BT 335.58 240.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.28 240.10 Td (36%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.61 240.10 Td (, ) Tj ET Q q 0 0 0 rg BT 371.47 240.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.62 240.10 Td ($29.2 ) Tj ET Q q 0 0 0 rg BT 408.48 240.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.37 240.10 Td ( ) Tj ET Q q 0 0 0 rg BT 440.74 240.10 Td (in ) Tj ET Q q 0 0 0 rg BT 451.88 240.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.46 240.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.57 240.10 Td ( ) Tj ET Q q 0 0 0 rg BT 486.93 240.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 518.61 240.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.31 240.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.31 240.10 Td ( ) Tj ET Q q 0 0 0 rg BT 553.67 240.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 228.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 91.41 228.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.17 228.10 Td ($21.4 ) Tj ET Q q 0 0 0 rg BT 125.66 228.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.55 228.10 Td ( ) Tj ET Q q 0 0 0 rg BT 156.53 228.10 Td (in ) Tj ET Q q 0 0 0 rg BT 166.30 228.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.50 228.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.61 228.10 Td ( ) Tj ET Q q 0 0 0 rg BT 198.59 228.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 228.89 228.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.21 228.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.21 228.10 Td (. ) Tj ET Q q 0 0 0 rg BT 263.55 228.10 Td (This ) Tj ET Q q 0 0 0 rg BT 283.31 228.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 318.05 228.10 Td (is ) Tj ET Q q 0 0 0 rg BT 326.70 228.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 365.90 228.10 Td (due ) Tj ET Q q 0 0 0 rg BT 382.32 228.10 Td (to ) Tj ET Q q 0 0 0 rg BT 392.09 228.10 Td (a ) Tj ET Q q 0 0 0 rg BT 398.51 228.10 Td ($15.4 ) Tj ET Q q 0 0 0 rg BT 423.00 228.10 Td (million ) Tj ET Q q 0 0 0 rg BT 453.87 228.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 493.62 228.10 Td (of ) Tj ET Q q 0 0 0 rg BT 503.94 228.10 Td (the ) Tj ET Q q 0 0 0 rg BT 518.14 228.10 Td (acquisition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.10 Td (earn ) Tj ET Q q 0 0 0 rg BT 70.57 216.10 Td (out ) Tj ET Q q 0 0 0 rg BT 86.71 216.10 Td (accrual ) Tj ET Q q 0 0 0 rg BT 118.94 216.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 157.28 216.10 Td (in ) Tj ET Q q 0 0 0 rg BT 168.42 216.10 Td (the ) Tj ET Q q 0 0 0 rg BT 184.00 216.10 Td (first ) Tj ET Q q 0 0 0 rg BT 203.48 216.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 235.16 216.10 Td (of ) Tj ET Q q 0 0 0 rg BT 246.85 216.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 271.87 216.10 Td (year ) Tj ET Q q 0 0 0 rg BT 292.44 216.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 315.81 216.10 Td (for ) Tj ET Q q 0 0 0 rg BT 330.83 216.10 Td (the ) Tj ET Q q 0 0 0 rg BT 346.41 216.10 Td (ItzCash ) Tj ET Q q 0 0 0 rg BT 380.32 216.10 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 430.07 216.10 Td (of) Tj ET Q q 0 0 0 rg BT 438.22 216.10 Td (fset, ) Tj ET Q q 0 0 0 rg BT 458.52 216.10 Td (in ) Tj ET Q q 0 0 0 rg BT 469.66 216.10 Td (part, ) Tj ET Q q 0 0 0 rg BT 491.07 216.10 Td (by ) Tj ET Q q 0 0 0 rg BT 504.44 216.10 Td (a ) Tj ET Q q 0 0 0 rg BT 512.24 216.10 Td ($2.9 ) Tj ET Q q 0 0 0 rg BT 533.11 216.10 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 90.00 204.10 Td (in ) Tj ET Q q 0 0 0 rg BT 100.01 204.10 Td (rent ) Tj ET Q q 0 0 0 rg BT 117.79 204.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 152.24 204.10 Td (year ) Tj ET Q q 0 0 0 rg BT 171.68 204.10 Td (over ) Tj ET Q q 0 0 0 rg BT 191.68 204.10 Td (year) Tj ET Q q 0 0 0 rg BT 208.49 204.10 Td (, ) Tj ET Q q 0 0 0 rg BT 213.23 204.10 Td (due ) Tj ET Q q 0 0 0 rg BT 229.90 204.10 Td (to ) Tj ET Q q 0 0 0 rg BT 239.91 204.10 Td (rent ) Tj ET Q q 0 0 0 rg BT 257.70 204.10 Td (waivers ) Tj ET Q q 0 0 0 rg BT 291.03 204.10 Td (in ) Tj ET Q q 0 0 0 rg BT 301.04 204.10 Td (March ) Tj ET Q q 0 0 0 rg BT 329.38 204.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 351.61 204.10 Td (in ) Tj ET Q q 0 0 0 rg BT 361.63 204.10 Td (our ) Tj ET Q q 0 0 0 rg BT 377.19 204.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 408.30 204.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 448.29 204.10 Td (of) Tj ET Q q 0 0 0 rg BT 456.44 204.10 Td (fices ) Tj ET Q q 0 0 0 rg BT 477.55 204.10 Td (at ) Tj ET Q q 0 0 0 rg BT 487.01 204.10 Td (Indian ) Tj ET Q q 0 0 0 rg BT 514.79 204.10 Td (airports ) Tj ET Q q 0 0 0 rg BT 547.57 204.10 Td (due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.06 192.10 Td (the ) Tj ET Q q 0 0 0 rg BT 74.55 192.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 121.82 192.10 Td (lockdown ) Tj ET Q q 0 0 0 rg BT 163.54 192.10 Td (and ) Tj ET Q q 0 0 0 rg BT 180.25 192.10 Td (non-operation ) Tj ET Q q 0 0 0 rg BT 238.62 192.10 Td (of ) Tj ET Q q 0 0 0 rg BT 249.23 192.10 Td (international ) Tj ET Q q 0 0 0 rg BT 302.04 192.10 Td (flights, ) Tj ET Q q 0 0 0 rg BT 332.38 192.10 Td (and ) Tj ET Q q 0 0 0 rg BT 349.09 192.10 Td (a ) Tj ET Q q 0 0 0 rg BT 355.81 192.10 Td ($3.1 ) Tj ET Q q 0 0 0 rg BT 375.58 192.10 Td (million ) Tj ET Q q 0 0 0 rg BT 406.75 192.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 446.79 192.10 Td (in ) Tj ET Q q 0 0 0 rg BT 456.85 192.10 Td (salary ) Tj ET Q q 0 0 0 rg BT 483.00 192.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 505.28 192.10 Td (year ) Tj ET Q q 0 0 0 rg BT 524.76 192.10 Td (over ) Tj ET Q q 0 0 0 rg BT 544.81 192.10 Td (year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 89.71 180.10 Td (as ) Tj ET Q q 0 0 0 rg BT 100.54 180.10 Td (a ) Tj ET Q q 0 0 0 rg BT 107.48 180.10 Td (result ) Tj ET Q q 0 0 0 rg BT 132.20 180.10 Td (of ) Tj ET Q q 0 0 0 rg BT 143.03 180.10 Td (actions ) Tj ET Q q 0 0 0 rg BT 173.85 180.10 Td (taken ) Tj ET Q q 0 0 0 rg BT 198.01 180.10 Td (by ) Tj ET Q q 0 0 0 rg BT 210.51 180.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.22 180.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 266.61 180.10 Td (in ) Tj ET Q q 0 0 0 rg BT 276.89 180.10 Td (response ) Tj ET Q q 0 0 0 rg BT 314.38 180.10 Td (to ) Tj ET Q q 0 0 0 rg BT 324.66 180.10 Td (the ) Tj ET Q q 0 0 0 rg BT 339.38 180.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 386.87 180.10 Td (global ) Tj ET Q q 0 0 0 rg BT 414.37 180.10 Td (pandemic.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.10 Td ( ) Tj ET Q q 0 0 0 rg BT 52.50 158.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 55.00 158.10 Td (Amortization ) Tj ET Q q 0 0 0 rg BT 111.41 158.10 Td (and ) Tj ET Q q 0 0 0 rg BT 129.47 158.10 Td (Depreciation ) Tj ET Q q 0 0 0 rg BT 185.29 158.10 Td (Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 136.10 Td (Amortization ) Tj ET Q q 0 0 0 rg BT 141.56 136.10 Td (and ) Tj ET Q q 0 0 0 rg BT 158.24 136.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 209.89 136.10 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.23 136.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.65 136.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.88 136.10 Td ($416 ) Tj ET Q q 0 0 0 rg BT 312.12 136.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.23 136.10 Td (, ) Tj ET Q q 0 0 0 rg BT 352.97 136.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.54 136.10 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.87 136.10 Td (, ) Tj ET Q q 0 0 0 rg BT 386.61 136.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.63 136.10 Td ($3.6 ) Tj ET Q q 0 0 0 rg BT 416.36 136.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.26 136.10 Td ( ) Tj ET Q q 0 0 0 rg BT 447.49 136.10 Td (in ) Tj ET Q q 0 0 0 rg BT 457.51 136.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.97 136.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.08 136.10 Td ( ) Tj ET Q q 0 0 0 rg BT 490.31 136.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 520.87 136.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.44 136.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.44 136.10 Td ( ) Tj ET Q q 0 0 0 rg BT 553.68 136.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 91.96 124.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.28 124.10 Td ($4.1 ) Tj ET Q q 0 0 0 rg BT 122.32 124.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.22 124.10 Td ( ) Tj ET Q q 0 0 0 rg BT 153.76 124.10 Td (in ) Tj ET Q q 0 0 0 rg BT 164.07 124.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.83 124.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.94 124.10 Td ( ) Tj ET Q q 0 0 0 rg BT 197.48 124.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 228.34 124.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.21 124.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.21 124.10 Td (, ) Tj ET Q q 0 0 0 rg BT 264.25 124.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 304.00 124.10 Td (due ) Tj ET Q q 0 0 0 rg BT 320.98 124.10 Td (to ) Tj ET Q q 0 0 0 rg BT 331.30 124.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 365.48 124.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 418.56 124.10 Td (of ) Tj ET Q q 0 0 0 rg BT 429.43 124.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 459.18 124.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 496.14 124.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 538.67 124.10 Td (assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 93.59 112.10 Td (with ) Tj ET Q q 0 0 0 rg BT 113.87 112.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 155.26 112.10 Td (in ) Tj ET Q q 0 0 0 rg BT 165.54 112.10 Td (the ) Tj ET Q q 0 0 0 rg BT 180.25 112.10 Td (first ) Tj ET Q q 0 0 0 rg BT 198.86 112.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 229.68 112.10 Td (of ) Tj ET Q q 0 0 0 rg BT 240.51 112.10 Td (2019.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 84.17 90.10 Td (Income) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 68.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 68.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 119.26 68.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.97 68.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.38 68.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.66 68.10 Td ($296 ) Tj ET Q q 0 0 0 rg BT 217.93 68.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.04 68.10 Td (, ) Tj ET Q q 0 0 0 rg BT 259.82 68.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.42 68.10 Td (85%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.75 68.10 Td (, ) Tj ET Q q 0 0 0 rg BT 295.53 68.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.58 68.10 Td ($54 ) Tj ET Q q 0 0 0 rg BT 324.86 68.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.97 68.10 Td ( ) Tj ET Q q 0 0 0 rg BT 364.24 68.10 Td (in ) Tj ET Q q 0 0 0 rg BT 375.30 68.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.79 68.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.90 68.10 Td ( ) Tj ET Q q 0 0 0 rg BT 410.17 68.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 441.76 68.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.37 68.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.37 68.10 Td ( ) Tj ET Q q 0 0 0 rg BT 476.64 68.10 Td (as ) Tj ET Q q 0 0 0 rg BT 488.25 68.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 530.95 68.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.00 68.10 Td ($350 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 56.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.11 56.10 Td ( ) Tj ET Q q 0 0 0 rg BT 88.61 56.10 Td (in ) Tj ET Q q 0 0 0 rg BT 98.89 56.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.60 56.10 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.71 56.10 Td ( ) Tj ET Q q 0 0 0 rg BT 132.21 56.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 163.03 56.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.86 56.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.86 56.10 Td (, ) Tj ET Q q 0 0 0 rg BT 198.86 56.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 238.57 56.10 Td (due ) Tj ET Q q 0 0 0 rg BT 255.51 56.10 Td (to ) Tj ET Q q 0 0 0 rg BT 265.79 56.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 307.70 56.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 344.62 56.10 Td (in ) Tj ET Q q 0 0 0 rg BT 354.90 56.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 386.84 56.10 Td (bearing ) Tj ET Q q 0 0 0 rg BT 419.32 56.10 Td (accounts.) Tj ET Q endstream endobj 77 0 obj <>] /Rotate 0 /Contents 78 0 R>> endobj 78 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (36) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Interest ) Tj ET Q q 0 0 0 rg BT 84.17 742.25 Td (Expense) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 720.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 720.25 Td (Interest ) Tj ET Q q 0 0 0 rg BT 118.13 720.25 Td (expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.47 720.25 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.89 720.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.03 720.25 Td ($581 ) Tj ET Q q 0 0 0 rg BT 216.17 720.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.28 720.25 Td (, ) Tj ET Q q 0 0 0 rg BT 256.92 720.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.39 720.25 Td (6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.72 720.25 Td (, ) Tj ET Q q 0 0 0 rg BT 285.36 720.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.27 720.25 Td ($9.2 ) Tj ET Q q 0 0 0 rg BT 314.91 720.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.81 720.25 Td ( ) Tj ET Q q 0 0 0 rg BT 345.95 720.25 Td (in ) Tj ET Q q 0 0 0 rg BT 355.86 720.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.22 720.25 Td (first) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.33 720.25 Td ( ) Tj ET Q q 0 0 0 rg BT 388.47 720.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 418.93 720.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.40 720.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.40 720.25 Td ( ) Tj ET Q q 0 0 0 rg BT 451.54 720.25 Td (as ) Tj ET Q q 0 0 0 rg BT 462.01 720.25 Td (compared ) Tj ET Q 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(The ) Tj ET Q q 0 0 0 rg BT 104.77 468.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 152.57 468.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 181.34 468.25 Td (to ) Tj ET Q q 0 0 0 rg BT 192.34 468.25 Td (generate ) Tj ET Q q 0 0 0 rg BT 229.43 468.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 274.86 468.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 295.85 468.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 321.29 468.25 Td (from ) Tj ET Q q 0 0 0 rg BT 343.96 468.25 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 379.96 468.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 420.94 468.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 460.26 468.25 Td (is ) Tj ET Q q 0 0 0 rg BT 470.15 468.25 Td (one ) Tj ET Q q 0 0 0 rg BT 487.81 468.25 Td (of ) Tj ET Q q 0 0 0 rg BT 499.36 468.25 Td (its ) Tj ET Q q 0 0 0 rg BT 512.03 468.25 Td (fundamental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 88.50 456.25 Td (strengths. ) Tj ET Q q 0 0 0 rg BT 130.62 456.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 149.69 456.25 Td (principal ) Tj ET Q q 0 0 0 rg BT 188.75 456.25 Td (sources ) Tj ET Q q 0 0 0 rg BT 222.25 456.25 Td (of ) Tj ET Q q 0 0 0 rg BT 234.10 456.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 271.50 456.25 Td (are ) Tj ET Q q 0 0 0 rg BT 287.23 456.25 Td (the ) Tj ET Q q 0 0 0 rg BT 302.96 456.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 324.24 456.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 349.98 456.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 389.04 456.25 Td (by ) Tj ET Q q 0 0 0 rg BT 402.56 456.25 Td (the ) Tj ET Q q 0 0 0 rg BT 418.29 456.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 466.39 456.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 507.67 456.25 Td (activities, ) Tj ET Q q 0 0 0 rg BT 549.78 456.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 97.22 444.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 147.05 444.25 Td (banking ) Tj ET Q q 0 0 0 rg BT 181.90 444.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 207.30 444.25 Td (facility) Tj ET Q q 0 0 0 rg BT 234.98 444.25 Td (, ) Tj ET Q q 0 0 0 rg BT 240.11 444.25 Td (and ) Tj ET Q q 0 0 0 rg BT 257.19 444.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 277.59 444.25 Td (and ) Tj ET Q q 0 0 0 rg BT 294.67 444.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 315.07 444.25 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 363.25 444.25 Td (on ) Tj ET Q q 0 0 0 rg BT 375.89 444.25 Td (hand. ) Tj ET Q q 0 0 0 rg BT 400.46 444.25 Td (Due ) Tj ET Q q 0 0 0 rg BT 419.76 444.25 Td (to ) Tj ET Q q 0 0 0 rg BT 430.18 444.25 Td (the ) Tj ET Q q 0 0 0 rg BT 445.03 444.25 Td (ef) Tj ET Q q 0 0 0 rg BT 452.62 444.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 470.24 444.25 Td (of ) Tj ET Q q 0 0 0 rg BT 481.21 444.25 Td (temporary ) Tj ET Q q 0 0 0 rg BT 524.94 444.25 Td (or ) Tj ET Q q 0 0 0 rg BT 535.90 444.25 Td (timing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.25 Td (dif) Tj ET Q q 0 0 0 rg BT 60.93 432.25 Td (ferences ) Tj ET Q q 0 0 0 rg BT 95.98 432.25 Td (resulting ) Tj ET Q q 0 0 0 rg BT 132.72 432.25 Td (from ) Tj ET Q q 0 0 0 rg BT 153.91 432.25 Td (the ) Tj ET Q q 0 0 0 rg BT 167.87 432.25 Td (dif) Tj ET Q q 0 0 0 rg BT 178.80 432.25 Td (fering ) Tj ET Q q 0 0 0 rg BT 204.42 432.25 Td (treatment ) Tj ET Q q 0 0 0 rg BT 243.93 432.25 Td (of ) Tj ET Q q 0 0 0 rg BT 254.01 432.25 Td (items ) Tj ET Q q 0 0 0 rg BT 277.42 432.25 Td (for ) Tj ET Q q 0 0 0 rg BT 290.83 432.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 304.79 432.25 Td (and ) Tj ET Q q 0 0 0 rg BT 320.98 432.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 366.59 432.25 Td (purposes ) Tj ET Q q 0 0 0 rg BT 403.89 432.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 446.74 432.25 Td (the ) Tj ET Q q 0 0 0 rg BT 460.71 432.25 Td (treatment ) Tj ET Q q 0 0 0 rg BT 500.21 432.25 Td (of ) Tj ET Q q 0 0 0 rg BT 510.29 432.25 Td (net ) Tj ET Q q 0 0 0 rg BT 524.25 432.25 Td (operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 68.74 420.25 Td (carry-forwards ) Tj ET Q q 0 0 0 rg BT 131.33 420.25 Td (and ) Tj ET Q q 0 0 0 rg BT 148.95 420.25 Td (minimum ) Tj ET Q q 0 0 0 rg BT 191.02 420.25 Td (alternative ) Tj ET Q q 0 0 0 rg BT 236.40 420.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 251.80 420.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 299.42 420.25 Td (in ) Tj ET Q q 0 0 0 rg BT 310.38 420.25 Td (the ) Tj ET Q q 0 0 0 rg BT 325.77 420.25 Td (U.S., ) Tj ET Q q 0 0 0 rg BT 349.24 420.25 Td (United ) Tj ET Q q 0 0 0 rg BT 379.64 420.25 Td (Kingdom, ) Tj ET Q q 0 0 0 rg BT 423.09 420.25 Td (and ) Tj ET Q q 0 0 0 rg BT 440.71 420.25 Td (India\), ) Tj ET Q q 0 0 0 rg BT 470.27 420.25 Td (future ) Tj ET Q q 0 0 0 rg BT 497.33 420.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 518.28 420.25 Td (outlays ) Tj ET Q q 0 0 0 rg BT 550.34 420.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.25 Td (income ) Tj ET Q q 0 0 0 rg BT 80.81 408.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 102.73 408.25 Td (are ) Tj ET Q q 0 0 0 rg BT 116.32 408.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 153.23 408.25 Td (to ) Tj ET Q q 0 0 0 rg BT 162.38 408.25 Td (exceed ) Tj ET Q q 0 0 0 rg BT 191.51 408.25 Td (income ) Tj ET Q q 0 0 0 rg BT 222.32 408.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 235.92 408.25 Td (expense. ) Tj ET Q q 0 0 0 rg BT 271.90 408.25 Td (W) Tj ET Q q 0 0 0 rg BT 280.54 408.25 Td (e ) Tj ET Q q 0 0 0 rg BT 286.36 408.25 Td (intend ) Tj ET Q q 0 0 0 rg BT 312.73 408.25 Td (to ) Tj ET Q q 0 0 0 rg BT 321.88 408.25 Td (utilize ) Tj ET Q q 0 0 0 rg BT 348.25 408.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 367.40 408.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 390.99 408.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 431.23 408.25 Td (by ) Tj ET Q q 0 0 0 rg BT 442.61 408.25 Td (our ) Tj ET Q q 0 0 0 rg BT 457.32 408.25 Td (operations, ) Tj ET Q q 0 0 0 rg BT 502.85 408.25 Td (in ) Tj ET Q q 0 0 0 rg BT 512.00 408.25 Td (combination ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.25 Td (with ) Tj ET Q q 0 0 0 rg BT 69.10 396.25 Td (our ) Tj ET Q q 0 0 0 rg BT 83.75 396.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 132.26 396.25 Td (bank ) Tj ET Q q 0 0 0 rg BT 153.02 396.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 177.10 396.25 Td (facility) Tj ET Q q 0 0 0 rg BT 204.77 396.25 Td (, ) Tj ET Q q 0 0 0 rg BT 208.59 396.25 Td (and ) Tj ET Q q 0 0 0 rg BT 224.35 396.25 Td (the ) Tj ET Q q 0 0 0 rg BT 237.88 396.25 Td (possible ) Tj ET Q q 0 0 0 rg BT 271.98 396.25 Td (issuance ) Tj ET Q q 0 0 0 rg BT 307.17 396.25 Td (of ) Tj ET Q q 0 0 0 rg BT 316.82 396.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 358.13 396.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 384.44 396.25 Td (or ) Tj ET Q q 0 0 0 rg BT 394.09 396.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 412.63 396.25 Td (securities, ) Tj ET Q q 0 0 0 rg BT 454.21 396.25 Td (to ) Tj ET Q q 0 0 0 rg BT 463.31 396.25 Td (fund ) Tj ET Q q 0 0 0 rg BT 482.95 396.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 510.92 396.25 Td (expenditures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.25 Td (and ) Tj ET Q q 0 0 0 rg BT 67.47 384.25 Td (or) Tj ET Q q 0 0 0 rg BT 75.62 384.25 Td (ganic ) Tj ET Q q 0 0 0 rg BT 100.30 384.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 131.66 384.25 Td (initiatives, ) Tj ET Q q 0 0 0 rg BT 176.63 384.25 Td (to ) Tj ET Q q 0 0 0 rg BT 187.43 384.25 Td (make ) Tj ET Q q 0 0 0 rg BT 212.12 384.25 Td (strategically ) Tj ET Q q 0 0 0 rg BT 264.01 384.25 Td (accretive ) Tj ET Q q 0 0 0 rg BT 303.12 384.25 Td (business ) Tj ET Q q 0 0 0 rg BT 340.04 384.25 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 393.34 384.25 Td (and ) Tj ET Q q 0 0 0 rg BT 410.81 384.25 Td (to ) Tj ET Q q 0 0 0 rg BT 421.62 384.25 Td (re-purchase ) Tj ET Q q 0 0 0 rg BT 471.28 384.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 499.30 384.25 Td (of ) Tj ET Q q 0 0 0 rg BT 510.66 384.25 Td (our ) Tj ET Q q 0 0 0 rg BT 527.02 384.25 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 73.61 372.25 Td (as ) Tj ET Q q 0 0 0 rg BT 84.44 372.25 Td (market ) Tj ET Q q 0 0 0 rg BT 114.70 372.25 Td (conditions ) Tj ET Q q 0 0 0 rg BT 158.87 372.25 Td (warrant.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 350.25 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 350.25 Td (e ) Tj ET Q q 0 0 0 rg BT 100.81 350.25 Td (believe ) Tj ET Q q 0 0 0 rg BT 131.42 350.25 Td (that ) Tj ET Q q 0 0 0 rg BT 148.15 350.25 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 193.75 350.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 213.25 350.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 237.21 350.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 274.49 350.25 Td (by ) Tj ET Q q 0 0 0 rg BT 286.23 350.25 Td (our ) Tj ET Q q 0 0 0 rg BT 301.29 350.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 340.79 350.25 Td (activities, ) Tj ET Q q 0 0 0 rg BT 381.12 350.25 Td (together ) Tj ET Q q 0 0 0 rg BT 415.62 350.25 Td (with ) Tj ET Q q 0 0 0 rg BT 435.14 350.25 Td (current ) Tj ET Q q 0 0 0 rg BT 465.19 350.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 484.69 350.25 Td (and ) Tj ET Q q 0 0 0 rg BT 500.86 350.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 520.37 350.25 Td (equivalent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.25 Td (balances, ) Tj ET Q q 0 0 0 rg BT 89.42 338.25 Td (access ) Tj ET Q q 0 0 0 rg BT 117.45 338.25 Td (to ) Tj ET Q q 0 0 0 rg BT 127.72 338.25 Td (our ) Tj ET Q q 0 0 0 rg BT 143.55 338.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 168.81 338.25 Td (facilities, ) Tj ET Q q 0 0 0 rg BT 208.23 338.25 Td (and ) Tj ET Q q 0 0 0 rg BT 225.17 338.25 Td (access ) Tj ET Q q 0 0 0 rg BT 253.20 338.25 Td (to ) Tj ET Q q 0 0 0 rg BT 263.47 338.25 Td (the ) Tj ET Q q 0 0 0 rg BT 278.18 338.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 307.33 338.25 Td (markets, ) Tj ET Q q 0 0 0 rg BT 343.98 338.25 Td (if ) Tj ET Q q 0 0 0 rg BT 352.58 338.25 Td (required ) Tj ET Q q 0 0 0 rg BT 388.39 338.25 Td (and ) Tj ET Q q 0 0 0 rg BT 405.33 338.25 Td (available, ) Tj ET Q q 0 0 0 rg BT 446.41 338.25 Td (will ) Tj ET Q q 0 0 0 rg BT 464.46 338.25 Td (be ) Tj ET Q q 0 0 0 rg BT 476.40 338.25 Td (suf) Tj ET Q q 0 0 0 rg BT 488.44 338.25 Td (ficient ) Tj ET Q q 0 0 0 rg BT 516.47 338.25 Td (to ) Tj ET Q q 0 0 0 rg BT 526.75 338.25 Td (meet ) Tj ET Q q 0 0 0 rg BT 548.68 338.25 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.25 Td (projected ) Tj ET Q q 0 0 0 rg BT 89.04 326.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 108.64 326.25 Td (requirements ) Tj ET Q q 0 0 0 rg BT 162.68 326.25 Td (for ) Tj ET Q q 0 0 0 rg BT 176.17 326.25 Td (the ) Tj ET Q q 0 0 0 rg BT 190.22 326.25 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 237.58 326.25 Td (future, ) Tj ET Q q 0 0 0 rg BT 265.79 326.25 Td (although ) Tj ET Q q 0 0 0 rg BT 302.62 326.25 Td (any ) Tj ET Q q 0 0 0 rg BT 318.90 326.25 Td (projections ) Tj ET Q q 0 0 0 rg BT 365.17 326.25 Td (of ) Tj ET Q q 0 0 0 rg BT 375.33 326.25 Td (future ) Tj ET Q q 0 0 0 rg BT 401.04 326.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 420.65 326.25 Td (needs, ) Tj ET Q q 0 0 0 rg BT 447.75 326.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 467.35 326.25 Td (flows, ) Tj ET Q q 0 0 0 rg BT 493.91 326.25 Td (and ) Tj ET Q q 0 0 0 rg BT 510.18 326.25 Td (the ) Tj ET Q q 0 0 0 rg BT 524.24 326.25 Td (condition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 314.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.55 314.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 104.70 314.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 138.85 314.25 Td (related ) Tj ET Q q 0 0 0 rg BT 168.55 314.25 Td (to ) Tj ET Q q 0 0 0 rg BT 178.83 314.25 Td (the ) Tj ET Q q 0 0 0 rg BT 193.55 314.25 Td (availability ) Tj ET Q q 0 0 0 rg BT 241.04 314.25 Td (of ) Tj ET Q q 0 0 0 rg BT 251.87 314.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 271.58 314.25 Td (and ) Tj ET Q q 0 0 0 rg BT 288.52 314.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 316.02 314.25 Td (financing, ) Tj ET Q q 0 0 0 rg BT 358.78 314.25 Td (are ) Tj ET Q q 0 0 0 rg BT 373.49 314.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 404.31 314.25 Td (to ) Tj ET Q q 0 0 0 rg BT 414.59 314.25 Td (substantial ) Tj ET Q q 0 0 0 rg BT 459.86 314.25 Td (uncertainty) Tj ET Q q 0 0 0 rg BT 504.19 314.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 292.25 Td (The ) Tj ET Q q 0 0 0 rg BT 103.10 292.25 Td (recent ) Tj ET Q q 0 0 0 rg BT 129.08 292.25 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 175.63 292.25 Td (global ) Tj ET Q q 0 0 0 rg BT 202.18 292.25 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 242.60 292.25 Td (has ) Tj ET Q q 0 0 0 rg BT 257.49 292.25 Td (caused ) Tj ET Q q 0 0 0 rg BT 286.25 292.25 Td (disruption ) Tj ET Q q 0 0 0 rg BT 328.36 292.25 Td (in ) Tj ET Q q 0 0 0 rg BT 337.69 292.25 Td (the ) Tj ET Q q 0 0 0 rg BT 351.46 292.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 379.67 292.25 Td (markets. ) Tj ET Q q 0 0 0 rg BT 415.27 292.25 Td (This ) Tj ET Q q 0 0 0 rg BT 434.60 292.25 Td (disruption ) Tj ET Q q 0 0 0 rg BT 476.71 292.25 Td (could ) Tj ET Q q 0 0 0 rg BT 500.48 292.25 Td (make ) Tj ET Q q 0 0 0 rg BT 523.69 292.25 Td (accessing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.25 Td (financing ) Tj ET Q q 0 0 0 rg BT 90.43 280.25 Td (more ) Tj ET Q q 0 0 0 rg BT 113.64 280.25 Td (dif) Tj ET Q q 0 0 0 rg BT 124.57 280.25 Td (ficult ) Tj ET Q q 0 0 0 rg BT 148.33 280.25 Td (and/or ) Tj ET Q q 0 0 0 rg BT 176.54 280.25 Td (more ) Tj ET Q q 0 0 0 rg BT 199.75 280.25 Td (expensive, ) Tj ET Q q 0 0 0 rg BT 244.90 280.25 Td (and ) Tj ET Q q 0 0 0 rg BT 262.00 280.25 Td (we ) Tj ET Q q 0 0 0 rg BT 276.33 280.25 Td (can ) Tj ET Q q 0 0 0 rg BT 292.87 280.25 Td (not ) Tj ET Q q 0 0 0 rg BT 308.31 280.25 Td (be ) Tj ET Q q 0 0 0 rg BT 320.41 280.25 Td (assured ) Tj ET Q q 0 0 0 rg BT 353.07 280.25 Td (that ) Tj ET Q q 0 0 0 rg BT 370.73 280.25 Td (we ) Tj ET Q q 0 0 0 rg BT 385.05 280.25 Td (will ) Tj ET Q q 0 0 0 rg BT 403.27 280.25 Td (be ) Tj ET Q q 0 0 0 rg BT 415.37 280.25 Td (able ) Tj ET Q q 0 0 0 rg BT 434.69 280.25 Td (to ) Tj ET Q q 0 0 0 rg BT 445.13 280.25 Td (obtain ) Tj ET Q q 0 0 0 rg BT 472.79 280.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 515.44 280.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 552.00 280.25 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.25 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 95.25 268.25 Td (terms, ) Tj ET Q q 0 0 0 rg BT 122.47 268.25 Td (if ) Tj ET Q q 0 0 0 rg BT 131.08 268.25 Td (at ) Tj ET Q q 0 0 0 rg BT 140.80 268.25 Td (all.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.25 Td ( ) Tj ET Q q 0 0 0 rg BT 72.50 244.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 244.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 105.74 244.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 127.69 244.25 Td (and ) Tj ET Q q 0 0 0 rg BT 146.31 244.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 168.26 244.25 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 217.99 244.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.60 244.25 Td ($61.9 ) Tj ET Q q 0 0 0 rg BT 268.29 244.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.18 244.25 Td ( ) Tj ET Q q 0 0 0 rg BT 301.36 244.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.98 244.25 Td ($73.2 ) Tj ET Q q 0 0 0 rg BT 346.67 244.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.56 244.25 Td ( ) Tj ET Q q 0 0 0 rg BT 379.74 244.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 244.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 436.43 244.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.43 244.25 Td ( ) Tj ET Q q 0 0 0 rg BT 460.61 244.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.23 244.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 539.50 244.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.50 244.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 232.25 Td (. ) Tj ET Q q 0 0 0 rg BT 103.52 232.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.69 232.25 Td ($5.3 ) Tj ET Q q 0 0 0 rg BT 143.81 232.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.70 232.25 Td ( ) Tj ET Q q 0 0 0 rg BT 176.33 232.25 Td (of ) Tj ET Q q 0 0 0 rg BT 188.28 232.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 229.10 232.25 Td (fiduciary ) Tj ET Q q 0 0 0 rg BT 268.82 232.25 Td (funds ) Tj ET Q q 0 0 0 rg BT 294.66 232.25 Td (is ) Tj ET Q q 0 0 0 rg BT 304.95 232.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 349.67 232.25 Td (with ) Tj ET Q q 0 0 0 rg BT 371.07 232.25 Td (the ) Tj ET Q q 0 0 0 rg BT 386.91 232.25 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 436.07 232.25 Td (JV) Tj ET Q q 0 0 0 rg BT 447.01 232.25 Td ( ) Tj ET Q q 0 0 0 rg BT 450.63 232.25 Td (and ) Tj ET Q q 0 0 0 rg BT 468.69 232.25 Td (pertains ) Tj ET Q q 0 0 0 rg BT 503.97 232.25 Td (to ) Tj ET Q q 0 0 0 rg BT 515.37 232.25 Td (un-remitted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 91.19 220.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 134.07 220.25 Td (and ) Tj ET Q q 0 0 0 rg BT 151.38 220.25 Td (claim ) Tj ET Q q 0 0 0 rg BT 176.47 220.25 Td (funds ) Tj ET Q q 0 0 0 rg BT 201.57 220.25 Td (established ) Tj ET Q q 0 0 0 rg BT 248.89 220.25 Td (for ) Tj ET Q q 0 0 0 rg BT 263.43 220.25 Td (the ) Tj ET Q q 0 0 0 rg BT 278.52 220.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 309.16 220.25 Td (of ) Tj ET Q q 0 0 0 rg BT 320.37 220.25 Td (various ) Tj ET Q q 0 0 0 rg BT 352.69 220.25 Td (carriers, ) Tj ET Q q 0 0 0 rg BT 388.04 220.25 Td (which ) Tj ET Q q 0 0 0 rg BT 415.36 220.25 Td (are ) Tj ET Q q 0 0 0 rg BT 430.44 220.25 Td (held ) Tj ET Q q 0 0 0 rg BT 450.54 220.25 Td (in ) Tj ET Q q 0 0 0 rg BT 461.20 220.25 Td (a ) Tj ET Q q 0 0 0 rg BT 468.51 220.25 Td (fiduciary ) Tj ET Q q 0 0 0 rg BT 507.49 220.25 Td (capacity ) Tj ET Q q 0 0 0 rg BT 543.67 220.25 Td (until ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.25 Td (disbursed.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 186.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 186.25 Td (The ) Tj ET Q q 0 0 0 rg BT 104.07 186.25 Td (free ) Tj ET Q q 0 0 0 rg BT 122.12 186.25 Td (flow ) Tj ET Q q 0 0 0 rg BT 142.97 186.25 Td (of ) Tj ET Q q 0 0 0 rg BT 153.82 186.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 174.11 186.25 Td (from ) Tj ET Q q 0 0 0 rg BT 196.07 186.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 225.79 186.25 Td (countries ) Tj ET Q q 0 0 0 rg BT 264.96 186.25 Td (where ) Tj ET Q q 0 0 0 rg BT 291.91 186.25 Td (we ) Tj ET Q q 0 0 0 rg BT 306.09 186.25 Td (hold ) Tj ET Q q 0 0 0 rg BT 326.39 186.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 371.12 186.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 391.41 186.25 Td (balances ) Tj ET Q q 0 0 0 rg BT 428.35 186.25 Td (may ) Tj ET Q q 0 0 0 rg BT 448.09 186.25 Td (be ) Tj ET Q q 0 0 0 rg BT 460.05 186.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 490.89 186.25 Td (to ) Tj ET Q q 0 0 0 rg BT 501.19 186.25 Td (repatriation ) Tj ET Q q 0 0 0 rg BT 549.80 186.25 Td (tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 174.25 Td (fects ) Tj ET Q q 0 0 0 rg BT 79.29 174.25 Td (and ) Tj ET Q q 0 0 0 rg BT 96.55 174.25 Td (other ) Tj ET Q q 0 0 0 rg BT 119.91 174.25 Td (restrictions. ) Tj ET Q q 0 0 0 rg BT 169.67 174.25 Td (Specifically) Tj ET Q q 0 0 0 rg BT 216.78 174.25 Td (, ) Tj ET Q q 0 0 0 rg BT 222.10 174.25 Td (the ) Tj ET Q q 0 0 0 rg BT 237.14 174.25 Td (repatriation ) Tj ET Q q 0 0 0 rg BT 286.05 174.25 Td (of ) Tj ET Q q 0 0 0 rg BT 297.20 174.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 333.90 174.25 Td (from ) Tj ET Q q 0 0 0 rg BT 356.16 174.25 Td (some ) Tj ET Q q 0 0 0 rg BT 380.09 174.25 Td (of ) Tj ET Q q 0 0 0 rg BT 391.24 174.25 Td (our ) Tj ET Q q 0 0 0 rg BT 407.39 174.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 439.09 174.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 489.13 174.25 Td (could ) Tj ET Q q 0 0 0 rg BT 514.16 174.25 Td (result ) Tj ET Q q 0 0 0 rg BT 539.20 174.25 Td (in ) Tj ET Q q 0 0 0 rg BT 549.80 174.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.25 Td (application ) Tj ET Q q 0 0 0 rg BT 97.96 162.25 Td (of ) Tj ET Q q 0 0 0 rg BT 109.82 162.25 Td (withholding ) Tj ET Q q 0 0 0 rg BT 161.68 162.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 185.76 162.25 Td (at ) Tj ET Q q 0 0 0 rg BT 196.51 162.25 Td (that ) Tj ET Q q 0 0 0 rg BT 215.03 162.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 247.44 162.25 Td (source. ) Tj ET Q q 0 0 0 rg BT 279.32 162.25 Td (The ) Tj ET Q q 0 0 0 rg BT 298.39 162.25 Td (approximate ) Tj ET Q q 0 0 0 rg BT 351.90 162.25 Td (cash, ) Tj ET Q q 0 0 0 rg BT 375.70 162.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 397.00 162.25 Td (equivalents, ) Tj ET Q q 0 0 0 rg BT 448.57 162.25 Td (short-term ) Tj ET Q q 0 0 0 rg BT 493.76 162.25 Td (investments, ) Tj ET Q q 0 0 0 rg BT 547.56 162.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 89.36 150.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 109.28 150.25 Td (balances ) Tj ET Q q 0 0 0 rg BT 145.85 150.25 Td (held ) Tj ET Q q 0 0 0 rg BT 165.22 150.25 Td (in ) Tj ET Q q 0 0 0 rg BT 175.16 150.25 Td (our ) Tj ET Q q 0 0 0 rg BT 190.64 150.25 Td (domestic ) Tj ET Q q 0 0 0 rg BT 228.90 150.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 248.83 150.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 292.64 150.25 Td (and ) Tj ET Q q 0 0 0 rg BT 309.23 150.25 Td (each ) Tj ET Q q 0 0 0 rg BT 329.70 150.25 Td (of ) Tj ET Q q 0 0 0 rg BT 340.19 150.25 Td (our ) Tj ET Q q 0 0 0 rg BT 355.67 150.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 386.70 150.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 436.07 150.25 Td (as ) Tj ET Q q 0 0 0 rg BT 446.55 150.25 Td (of ) Tj ET Q q 0 0 0 rg BT 457.04 150.25 Td (May ) Tj ET Q q 0 0 0 rg BT 477.52 150.25 Td (4, ) Tj ET Q q 0 0 0 rg BT 487.17 150.25 Td (2020 ) Tj ET Q q 0 0 0 rg BT 509.33 150.25 Td (are ) Tj ET Q q 0 0 0 rg BT 523.69 150.25 Td (presented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.25 Td (in ) Tj ET Q q 0 0 0 rg BT 60.28 138.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.00 138.25 Td (table ) Tj ET Q q 0 0 0 rg BT 96.93 138.25 Td (below:) Tj ET Q endstream endobj 79 0 obj <>] /Rotate 0 /Contents 80 0 R>> endobj 80 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (37) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 151.50 683.50 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 683.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 683.50 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 151.50 653.50 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 653.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 653.50 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 151.50 623.50 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 623.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 623.50 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 151.50 593.50 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 593.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 593.50 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 151.50 563.50 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 563.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 563.50 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 151.50 533.50 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 533.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 533.50 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 151.50 503.50 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 503.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 503.50 74.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 151.5 698.5 m 381.5 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 698.5 m 459.5 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 683.5 m 459.5 683.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 503.5 m 459.5 503.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 489.5 m 459.5 489.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 487.5 m 459.5 487.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.55 703.18 Td (Country/Region) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.90 733.18 Td (Cash,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.05 723.18 Td (Restricted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.55 713.18 Td (Cash and ST) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.70 703.18 Td (investments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.00 688.18 Td (\(In thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 673.17 Td (India) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.00 673.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 673.17 Td (63,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 658.17 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 658.17 Td (20,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 643.17 Td (Australia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 643.17 Td (6,487) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 628.17 Td (Philippines) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 628.17 Td (5,189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 613.17 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 613.17 Td (3,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 598.17 Td (Singapore) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 598.17 Td (3,105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 583.17 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 583.17 Td (2,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 568.17 Td (Indonesia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 568.17 Td (1,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 553.17 Td (Latin ) Tj ET Q q 0 0 0 rg BT 177.33 553.17 Td (America) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 553.17 Td (1,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 538.17 Td (New Zealand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 538.17 Td (1,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 523.17 Td (United ) Tj ET Q q 0 0 0 rg BT 183.44 523.17 Td (Arab Emirates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 523.17 Td (286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 508.17 Td (Mauritius) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.65 508.17 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.00 493.18 Td (T) Tj ET Q q 0 0 0 rg BT 159.75 493.18 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.00 493.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.15 493.18 Td (108,598) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 455.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 455.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 103.90 455.00 Td (current ) Tj ET Q q 0 0 0 rg BT 134.56 455.00 Td (ratio ) Tj ET Q q 0 0 0 rg BT 155.24 455.00 Td (increased ) Tj ET Q q 0 0 0 rg BT 195.34 455.00 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.46 455.00 Td (1.71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.96 455.00 Td ( ) Tj ET Q q 0 0 0 rg BT 225.31 455.00 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.88 455.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 278.32 455.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.32 455.00 Td ( ) Tj ET Q q 0 0 0 rg BT 300.67 455.00 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.46 455.00 Td (1.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.96 455.00 Td ( ) Tj ET Q q 0 0 0 rg BT 342.30 455.00 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.87 455.00 Td (December31, ) Tj ET Q q 0 0 0 rg BT 410.30 455.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.30 455.00 Td ( ) Tj ET Q q 0 0 0 rg BT 432.65 455.00 Td (and ) Tj ET Q q 0 0 0 rg BT 449.43 455.00 Td (our ) Tj ET Q q 0 0 0 rg BT 465.11 455.00 Td (working ) Tj ET Q q 0 0 0 rg BT 500.79 455.00 Td (capital ) Tj ET Q q 0 0 0 rg BT 529.79 455.00 Td (position ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.00 Td (increased ) Tj ET Q q 0 0 0 rg BT 90.25 443.00 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.53 443.00 Td ($132.0 ) Tj ET Q q 0 0 0 rg BT 130.53 443.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.42 443.00 Td ( ) Tj ET Q q 0 0 0 rg BT 161.92 443.00 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.64 443.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 215.24 443.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.24 443.00 Td ( ) Tj ET Q q 0 0 0 rg BT 237.74 443.00 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.68 443.00 Td ($129.0 ) Tj ET Q q 0 0 0 rg BT 289.68 443.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.57 443.00 Td ( ) Tj ET Q q 0 0 0 rg BT 321.07 443.00 Td (at ) Tj ET Q q 0 0 0 rg BT 330.79 443.00 Td (the ) Tj ET Q q 0 0 0 rg BT 345.50 443.00 Td (end ) Tj ET Q q 0 0 0 rg BT 362.44 443.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.27 443.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.27 443.00 Td (.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 419.00 Td (Business ) Tj ET Q q 0 0 0 rg BT 89.18 419.00 Td (Combinations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 397.00 Td (The ) Tj ET Q q 0 0 0 rg BT 103.96 397.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.25 397.00 Td (seeks ) Tj ET Q q 0 0 0 rg BT 169.32 397.00 Td (to ) Tj ET Q q 0 0 0 rg BT 179.51 397.00 Td (execute ) Tj ET Q q 0 0 0 rg BT 212.45 397.00 Td (accretive ) Tj ET Q q 0 0 0 rg BT 250.94 397.00 Td (business ) Tj ET Q q 0 0 0 rg BT 287.24 397.00 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 337.42 397.00 Td (in ) Tj ET Q q 0 0 0 rg BT 347.60 397.00 Td (combination ) Tj ET Q q 0 0 0 rg BT 400.00 397.00 Td (with ) Tj ET Q q 0 0 0 rg BT 420.19 397.00 Td (or) Tj ET Q q 0 0 0 rg BT 428.34 397.00 Td (ganic ) Tj ET Q q 0 0 0 rg BT 452.40 397.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 483.14 397.00 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 524.99 397.00 Td (as ) Tj ET Q q 0 0 0 rg BT 535.73 397.00 Td (part ) Tj ET Q q 0 0 0 rg BT 553.68 397.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.00 Td (its ) Tj ET Q q 0 0 0 rg BT 61.87 385.00 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 124.83 385.00 Td (business ) Tj ET Q q 0 0 0 rg BT 161.15 385.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 191.90 385.00 Td (and ) Tj ET Q q 0 0 0 rg BT 208.76 385.00 Td (expansion ) Tj ET Q q 0 0 0 rg BT 251.73 385.00 Td (strategy) Tj ET Q q 0 0 0 rg BT 282.74 385.00 Td (. ) Tj ET Q q 0 0 0 rg BT 287.49 385.00 Td (The ) Tj ET Q q 0 0 0 rg BT 305.46 385.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 346.77 385.00 Td (looks ) Tj ET Q q 0 0 0 rg BT 370.86 385.00 Td (to ) Tj ET Q q 0 0 0 rg BT 381.07 385.00 Td (acquire ) Tj ET Q q 0 0 0 rg BT 412.92 385.00 Td (businesses ) Tj ET Q q 0 0 0 rg BT 457.56 385.00 Td (that ) Tj ET Q q 0 0 0 rg BT 474.98 385.00 Td (are ) Tj ET Q q 0 0 0 rg BT 489.61 385.00 Td (complementary ) Tj ET Q q 0 0 0 rg BT 554.23 385.00 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.00 Td (Ebix's ) Tj ET Q q 0 0 0 rg BT 77.08 373.00 Td (existing ) Tj ET Q q 0 0 0 rg BT 111.25 373.00 Td (products ) Tj ET Q q 0 0 0 rg BT 148.18 373.00 Td (and ) Tj ET Q q 0 0 0 rg BT 165.12 373.00 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 351.00 Td (During ) Tj ET Q q 0 0 0 rg BT 116.83 351.00 Td (the ) Tj ET Q q 0 0 0 rg BT 131.55 351.00 Td (three ) Tj ET Q q 0 0 0 rg BT 154.03 351.00 Td (months ) Tj ET Q q 0 0 0 rg BT 185.98 351.00 Td (ending ) Tj ET Q q 0 0 0 rg BT 215.70 351.00 Td (March ) Tj ET Q q 0 0 0 rg BT 244.30 351.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 259.30 351.00 Td (2020, ) Tj ET Q q 0 0 0 rg BT 284.30 351.00 Td (the ) Tj ET Q q 0 0 0 rg BT 299.01 351.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 340.40 351.00 Td (made ) Tj ET Q q 0 0 0 rg BT 364.55 351.00 Td (no ) Tj ET Q q 0 0 0 rg BT 377.05 351.00 Td (business ) Tj ET Q q 0 0 0 rg BT 413.45 351.00 Td (acquisitions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 329.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 329.00 Td (During ) Tj ET Q q 0 0 0 rg BT 116.83 329.00 Td (the ) Tj ET Q q 0 0 0 rg BT 131.55 329.00 Td (twelve ) Tj ET Q q 0 0 0 rg BT 160.70 329.00 Td (months ) Tj ET Q q 0 0 0 rg BT 192.65 329.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 219.03 329.00 Td (December ) Tj ET Q q 0 0 0 rg BT 262.61 329.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 277.61 329.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 302.61 329.00 Td (the ) Tj ET Q q 0 0 0 rg BT 317.33 329.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 358.71 329.00 Td (completed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.87 329.00 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.85 329.00 Td ( ) Tj ET Q q 0 0 0 rg BT 425.35 329.00 Td (business ) Tj ET Q q 0 0 0 rg BT 461.74 329.00 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 514.52 329.00 Td (as ) Tj ET Q q 0 0 0 rg BT 525.35 329.00 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 307.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 307.00 Td (Ef) Tj ET Q q 0 0 0 rg BT 95.26 307.00 Td (fective ) Tj ET Q q 0 0 0 rg BT 124.92 307.00 Td (August ) Tj ET Q q 0 0 0 rg BT 156.97 307.00 Td (23, ) Tj ET Q q 0 0 0 rg BT 172.63 307.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 198.29 307.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 220.33 307.00 Td (acquired ) Tj ET Q q 0 0 0 rg BT 257.91 307.00 Td (Canada ) Tj ET Q q 0 0 0 rg BT 291.06 307.00 Td (based ) Tj ET Q q 0 0 0 rg BT 316.76 307.00 Td (W) Tj ET Q q 0 0 0 rg BT 325.39 307.00 Td (allstreet ) Tj ET Q q 0 0 0 rg BT 360.20 307.00 Td (Canada ) Tj ET Q q 0 0 0 rg BT 393.35 307.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 425.38 307.00 Td (exchange ) Tj ET Q q 0 0 0 rg BT 466.29 307.00 Td (and ) Tj ET Q q 0 0 0 rg BT 483.89 307.00 Td (outward ) Tj ET Q q 0 0 0 rg BT 519.82 307.00 Td (remittance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.00 Td (markets ) Tj ET Q q 0 0 0 rg BT 85.35 295.00 Td (for ) Tj ET Q q 0 0 0 rg BT 100.70 295.00 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.15 295.00 Td ($2.1 ) Tj ET Q q 0 0 0 rg BT 183.35 295.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.24 295.00 Td ( ) Tj ET Q q 0 0 0 rg BT 215.93 295.00 Td (of ) Tj ET Q q 0 0 0 rg BT 227.95 295.00 Td (upfront ) Tj ET Q q 0 0 0 rg BT 261.08 295.00 Td (consideration ) Tj ET Q q 0 0 0 rg BT 318.65 295.00 Td (plus ) Tj ET Q q 0 0 0 rg BT 339.01 295.00 Td (net ) Tj ET Q q 0 0 0 rg BT 354.92 295.00 Td (working ) Tj ET Q q 0 0 0 rg BT 391.94 295.00 Td (capital. ) Tj ET Q q 0 0 0 rg BT 424.52 295.00 Td (The ) Tj ET Q q 0 0 0 rg BT 443.76 295.00 Td (valuation ) Tj ET Q q 0 0 0 rg BT 484.67 295.00 Td (and ) Tj ET Q q 0 0 0 rg BT 502.80 295.00 Td (purchase ) Tj ET Q q 0 0 0 rg BT 542.03 295.00 Td (price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.00 Td (allocation ) Tj ET Q q 0 0 0 rg BT 91.68 283.00 Td (remains ) Tj ET Q q 0 0 0 rg BT 125.60 283.00 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 174.50 283.00 Td (and ) Tj ET Q q 0 0 0 rg BT 191.20 283.00 Td (will ) Tj ET Q q 0 0 0 rg BT 209.01 283.00 Td (be ) Tj ET Q q 0 0 0 rg BT 220.70 283.00 Td (finalized ) Tj ET Q q 0 0 0 rg BT 257.94 283.00 Td (as ) Tj ET Q q 0 0 0 rg BT 268.53 283.00 Td (soon ) Tj ET Q q 0 0 0 rg BT 289.67 283.00 Td (as ) Tj ET Q q 0 0 0 rg BT 300.26 283.00 Td (practicable ) Tj ET Q q 0 0 0 rg BT 346.37 283.00 Td (but ) Tj ET Q q 0 0 0 rg BT 361.41 283.00 Td (in ) Tj ET Q q 0 0 0 rg BT 371.44 283.00 Td (no ) Tj ET Q q 0 0 0 rg BT 383.70 283.00 Td (event ) Tj ET Q q 0 0 0 rg BT 407.61 283.00 Td (longer ) Tj ET Q q 0 0 0 rg BT 435.41 283.00 Td (than ) Tj ET Q q 0 0 0 rg BT 454.88 283.00 Td (one ) Tj ET Q q 0 0 0 rg BT 471.58 283.00 Td (year ) Tj ET Q q 0 0 0 rg BT 491.04 283.00 Td (from ) Tj ET Q q 0 0 0 rg BT 512.73 283.00 Td (the ) Tj ET Q q 0 0 0 rg BT 527.21 283.00 Td (ef) Tj ET Q q 0 0 0 rg BT 534.79 283.00 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.00 Td (date ) Tj ET Q q 0 0 0 rg BT 69.16 271.00 Td (of ) Tj ET Q q 0 0 0 rg BT 79.99 271.00 Td (this ) Tj ET Q q 0 0 0 rg BT 96.93 271.00 Td (transaction.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 249.00 Td (Ef) Tj ET Q q 0 0 0 rg BT 95.26 249.00 Td (fective ) Tj ET Q q 0 0 0 rg BT 125.76 249.00 Td (January ) Tj ET Q q 0 0 0 rg BT 160.15 249.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 170.95 249.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 196.74 249.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 218.92 249.00 Td (acquired ) Tj ET Q q 0 0 0 rg BT 256.64 249.00 Td (the ) Tj ET Q q 0 0 0 rg BT 272.16 249.00 Td (assets ) Tj ET Q q 0 0 0 rg BT 298.78 249.00 Td (of ) Tj ET Q q 0 0 0 rg BT 310.41 249.00 Td (India ) Tj ET Q q 0 0 0 rg BT 334.25 249.00 Td (based ) Tj ET Q q 0 0 0 rg BT 360.32 249.00 Td (Essel ) Tj ET Q q 0 0 0 rg BT 384.72 249.00 Td (Forex, ) Tj ET Q q 0 0 0 rg BT 413.85 249.00 Td (for ) Tj ET Q q 0 0 0 rg BT 428.80 249.00 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.86 249.00 Td ($8.7 ) Tj ET Q q 0 0 0 rg BT 510.65 249.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.54 249.00 Td (, ) Tj ET Q q 0 0 0 rg BT 545.34 249.00 Td (plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.00 Td (possible ) Tj ET Q q 0 0 0 rg BT 84.80 237.00 Td (future ) Tj ET Q q 0 0 0 rg BT 110.69 237.00 Td (contingent ) Tj ET Q q 0 0 0 rg BT 154.92 237.00 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 190.25 237.00 Td (payments ) Tj ET Q q 0 0 0 rg BT 230.60 237.00 Td (of ) Tj ET Q q 0 0 0 rg BT 240.95 237.00 Td (up ) Tj ET Q q 0 0 0 rg BT 252.96 237.00 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.76 237.00 Td ($721 ) Tj ET Q q 0 0 0 rg BT 284.78 237.00 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.89 237.00 Td ( ) Tj ET Q q 0 0 0 rg BT 322.91 237.00 Td (based ) Tj ET Q q 0 0 0 rg BT 347.69 237.00 Td (on ) Tj ET Q q 0 0 0 rg BT 359.71 237.00 Td (earned ) Tj ET Q q 0 0 0 rg BT 388.37 237.00 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 428.43 237.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 449.33 237.00 Td (funded ) Tj ET Q q 0 0 0 rg BT 479.12 237.00 Td (the ) Tj ET Q q 0 0 0 rg BT 493.35 237.00 Td (entire ) Tj ET Q q 0 0 0 rg BT 518.14 237.00 Td (transaction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.00 Td (in ) Tj ET Q q 0 0 0 rg BT 59.88 225.00 Td (cash, ) Tj ET Q q 0 0 0 rg BT 82.25 225.00 Td (using ) Tj ET Q q 0 0 0 rg BT 106.02 225.00 Td (its ) Tj ET Q q 0 0 0 rg BT 117.57 225.00 Td (internal ) Tj ET Q q 0 0 0 rg BT 150.22 225.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 170.09 225.00 Td (reserves. ) Tj ET Q q 0 0 0 rg BT 207.45 225.00 Td (Essel ) Tj ET Q q 0 0 0 rg BT 230.66 225.00 Td (Forex ) Tj ET Q q 0 0 0 rg BT 256.09 225.00 Td (is ) Tj ET Q q 0 0 0 rg BT 264.86 225.00 Td (a ) Tj ET Q q 0 0 0 rg BT 271.40 225.00 Td (lar) Tj ET Q q 0 0 0 rg BT 281.77 225.00 Td (ge ) Tj ET Q q 0 0 0 rg BT 293.31 225.00 Td (provider ) Tj ET Q q 0 0 0 rg BT 329.29 225.00 Td (of ) Tj ET Q q 0 0 0 rg BT 339.72 225.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 370.70 225.00 Td (exchange ) Tj ET Q q 0 0 0 rg BT 410.56 225.00 Td (services ) Tj ET Q q 0 0 0 rg BT 444.87 225.00 Td (in ) Tj ET Q q 0 0 0 rg BT 454.75 225.00 Td (India ) Tj ET Q q 0 0 0 rg BT 477.40 225.00 Td (with ) Tj ET Q q 0 0 0 rg BT 497.28 225.00 Td (a ) Tj ET Q q 0 0 0 rg BT 503.82 225.00 Td (wide ) Tj ET Q q 0 0 0 rg BT 525.36 225.00 Td (spectrum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.00 Td (of ) Tj ET Q q 0 0 0 rg BT 61.53 213.00 Td (related ) Tj ET Q q 0 0 0 rg BT 91.94 213.00 Td (products ) Tj ET Q q 0 0 0 rg BT 129.58 213.00 Td (including ) Tj ET Q q 0 0 0 rg BT 170.56 213.00 Td (sales ) Tj ET Q q 0 0 0 rg BT 193.21 213.00 Td (of ) Tj ET Q q 0 0 0 rg BT 204.74 213.00 Td (all ) Tj ET Q q 0 0 0 rg BT 217.94 213.00 Td (major ) Tj ET Q q 0 0 0 rg BT 244.47 213.00 Td (currencies, ) Tj ET Q q 0 0 0 rg BT 291.26 213.00 Td (travelers) Tj ET Q q 0 0 0 rg BT 328.27 213.00 Td ( ) Tj ET Q q 0 0 0 rg BT 331.47 213.00 Td (checks, ) Tj ET Q q 0 0 0 rg BT 364.39 213.00 Td (demand ) Tj ET Q q 0 0 0 rg BT 399.25 213.00 Td (drafts, ) Tj ET Q q 0 0 0 rg BT 427.72 213.00 Td (remittances, ) Tj ET Q q 0 0 0 rg BT 479.51 213.00 Td (money ) Tj ET Q q 0 0 0 rg BT 509.93 213.00 Td (transfers ) Tj ET Q q 0 0 0 rg BT 547.57 213.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.00 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 82.80 201.00 Td (cards ) Tj ET Q q 0 0 0 rg BT 106.72 201.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 146.75 201.00 Td (for ) Tj ET Q q 0 0 0 rg BT 161.22 201.00 Td (corporate ) Tj ET Q q 0 0 0 rg BT 201.79 201.00 Td (clients. ) Tj ET Q q 0 0 0 rg BT 233.01 201.00 Td (The ) Tj ET Q q 0 0 0 rg BT 251.37 201.00 Td (earn ) Tj ET Q q 0 0 0 rg BT 271.40 201.00 Td (out ) Tj ET Q q 0 0 0 rg BT 286.99 201.00 Td (period ) Tj ET Q q 0 0 0 rg BT 315.35 201.00 Td (expired ) Tj ET Q q 0 0 0 rg BT 348.15 201.00 Td (on ) Tj ET Q q 0 0 0 rg BT 360.97 201.00 Td (December ) Tj ET Q q 0 0 0 rg BT 404.87 201.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 420.19 201.00 Td (2019 ) Tj ET Q q 0 0 0 rg BT 443.00 201.00 Td (and ) Tj ET Q q 0 0 0 rg BT 460.26 201.00 Td (the ) Tj ET Q q 0 0 0 rg BT 475.29 201.00 Td (acquired ) Tj ET Q q 0 0 0 rg BT 512.53 201.00 Td (business ) Tj ET Q q 0 0 0 rg BT 549.24 201.00 Td (did ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.00 Td (not ) Tj ET Q q 0 0 0 rg BT 65.28 189.00 Td (meet ) Tj ET Q q 0 0 0 rg BT 87.21 189.00 Td (the ) Tj ET Q q 0 0 0 rg BT 101.93 189.00 Td (requisite ) Tj ET Q q 0 0 0 rg BT 138.86 189.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 173.01 189.00 Td (tar) Tj ET Q q 0 0 0 rg BT 183.37 189.00 Td (get, ) Tj ET Q q 0 0 0 rg BT 200.59 189.00 Td (so ) Tj ET Q q 0 0 0 rg BT 211.98 189.00 Td (no ) Tj ET Q q 0 0 0 rg BT 224.48 189.00 Td (earnout ) Tj ET Q q 0 0 0 rg BT 256.97 189.00 Td (payment ) Tj ET Q q 0 0 0 rg BT 293.90 189.00 Td (was ) Tj ET Q q 0 0 0 rg BT 311.95 189.00 Td (due ) Tj ET Q q 0 0 0 rg BT 328.89 189.00 Td (or ) Tj ET Q q 0 0 0 rg BT 339.72 189.00 Td (paid.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.00 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 167.00 Td (Ef) Tj ET Q q 0 0 0 rg BT 95.26 167.00 Td (fective ) Tj ET Q q 0 0 0 rg BT 124.47 167.00 Td ( ) Tj ET Q q 0 0 0 rg BT 126.48 167.00 Td (January ) Tj ET Q q 0 0 0 rg BT 159.59 167.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 169.11 167.00 Td (2019, ) Tj ET Q q 0 0 0 rg BT 193.62 167.00 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 214.52 167.00 Td (acquired ) Tj ET Q q 0 0 0 rg BT 250.95 167.00 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.40 167.00 Td (80%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.73 167.00 Td ( ) Tj ET Q q 0 0 0 rg BT 282.74 167.00 Td (controlling ) Tj ET Q q 0 0 0 rg BT 328.64 167.00 Td (stake ) Tj ET Q q 0 0 0 rg BT 351.20 167.00 Td (in ) Tj ET Q q 0 0 0 rg BT 360.99 167.00 Td (India ) Tj ET Q q 0 0 0 rg BT 383.54 167.00 Td (based ) Tj ET Q q 0 0 0 rg BT 408.32 167.00 Td (Zillious ) Tj ET Q q 0 0 0 rg BT 441.45 167.00 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.12 167.00 Td ($10.1 ) Tj ET Q q 0 0 0 rg BT 479.63 167.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.52 167.00 Td ( ) Tj ET Q q 0 0 0 rg BT 510.54 167.00 Td (plus ) Tj ET Q q 0 0 0 rg BT 529.22 167.00 Td (possible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 155.00 Td (future ) Tj ET Q q 0 0 0 rg BT 76.21 155.00 Td (contingent ) Tj ET Q q 0 0 0 rg BT 120.76 155.00 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 156.41 155.00 Td (payments ) Tj ET Q q 0 0 0 rg BT 197.07 155.00 Td (of ) Tj ET Q q 0 0 0 rg BT 207.73 155.00 Td (up ) Tj ET Q q 0 0 0 rg BT 220.06 155.00 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.18 155.00 Td ($2.2 ) Tj ET Q q 0 0 0 rg BT 250.01 155.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.90 155.00 Td ( ) Tj ET Q q 0 0 0 rg BT 281.24 155.00 Td (based ) Tj ET Q q 0 0 0 rg BT 306.34 155.00 Td (on ) Tj ET Q q 0 0 0 rg BT 318.67 155.00 Td (agreed ) Tj ET Q q 0 0 0 rg BT 347.65 155.00 Td (milestones ) Tj ET Q q 0 0 0 rg BT 392.76 155.00 Td (in ) Tj ET Q q 0 0 0 rg BT 402.87 155.00 Td (the ) Tj ET Q q 0 0 0 rg BT 417.42 155.00 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 463.64 155.00 Td (agreement. ) Tj ET Q q 0 0 0 rg BT 510.11 155.00 Td (Zillious ) Tj ET Q q 0 0 0 rg BT 543.56 155.00 Td (is ) Tj ET Q q 0 0 0 rg BT 552.56 155.00 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 143.00 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 97.72 143.00 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 120.46 143.00 Td (travel ) Tj ET Q q 0 0 0 rg BT 145.97 143.00 Td (technology ) Tj ET Q q 0 0 0 rg BT 193.14 143.00 Td (solution ) Tj ET Q q 0 0 0 rg BT 228.11 143.00 Td (in ) Tj ET Q q 0 0 0 rg BT 238.62 143.00 Td (the ) Tj ET Q q 0 0 0 rg BT 253.58 143.00 Td (corporate ) Tj ET Q q 0 0 0 rg BT 294.07 143.00 Td (travel ) Tj ET Q q 0 0 0 rg BT 319.58 143.00 Td (segment ) Tj ET Q q 0 0 0 rg BT 355.64 143.00 Td (in ) Tj ET Q q 0 0 0 rg BT 366.16 143.00 Td (India. ) Tj ET Q q 0 0 0 rg BT 391.75 143.00 Td (The ) Tj ET Q q 0 0 0 rg BT 410.03 143.00 Td (Company ) Tj ET 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(specified ) Tj ET Q q 0 0 0 rg BT 87.40 47.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 106.47 47.00 Td (earn-out ) Tj ET Q q 0 0 0 rg BT 141.09 47.00 Td (payment. ) Tj ET Q q 0 0 0 rg BT 179.23 47.00 Td (The ) Tj ET Q q 0 0 0 rg BT 196.08 47.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 236.27 47.00 Td (applies ) Tj ET Q q 0 0 0 rg BT 265.90 47.00 Td (these ) Tj ET Q q 0 0 0 rg BT 287.75 47.00 Td (terms ) Tj ET Q q 0 0 0 rg BT 311.27 47.00 Td (in ) Tj ET Q q 0 0 0 rg BT 320.35 47.00 Td (its ) Tj ET Q q 0 0 0 rg BT 331.11 47.00 Td (calculation ) Tj ET Q q 0 0 0 rg BT 376.28 47.00 Td (and ) Tj ET Q q 0 0 0 rg BT 392.02 47.00 Td (determination ) Tj ET Q q 0 0 0 rg BT 448.86 47.00 Td (of ) Tj ET Q q 0 0 0 rg BT 458.49 47.00 Td (the ) Tj ET Q q 0 0 0 rg BT 472.02 47.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 487.20 47.00 Td (value ) Tj ET Q q 0 0 0 rg BT 510.15 47.00 Td (of ) Tj ET Q q 0 0 0 rg BT 519.79 47.00 Td (contingent ) Tj ET Q endstream endobj 81 0 obj <>] /Rotate 0 /Contents 82 0 R>> endobj 82 0 obj <> 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Td ( ) Tj ET Q q 0 0 0 rg BT 297.83 682.10 Td (is ) Tj ET Q q 0 0 0 rg BT 307.26 682.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 343.33 682.10 Td (in ) Tj ET Q q 0 0 0 rg BT 353.86 682.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 396.05 682.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 438.52 682.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.72 682.10 Td ($8.1 ) Tj ET Q q 0 0 0 rg BT 475.97 682.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.86 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 507.62 682.10 Td (is ) Tj ET Q q 0 0 0 rg BT 517.04 682.10 Td (included ) Tj ET Q q 0 0 0 rg BT 554.23 682.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (current ) Tj ET Q q 0 0 0 rg BT 79.93 670.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 118.76 670.10 Td (in ) Tj ET Q q 0 0 0 rg BT 128.15 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.98 670.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 188.17 670.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 234.22 670.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 288.61 670.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 322.42 670.10 Td (Sheet. ) Tj ET Q q 0 0 0 rg BT 348.40 670.10 Td (As ) Tj ET Q q 0 0 0 rg BT 361.12 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 371.07 670.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.68 670.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 430.38 670.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.38 670.10 Td (, ) Tj ET Q q 0 0 0 rg BT 454.49 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 468.32 670.10 Td (total ) Tj ET Q q 0 0 0 rg BT 487.70 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 497.65 670.10 Td (these ) Tj ET Q q 0 0 0 rg BT 519.81 670.10 Td (contingent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 89.51 658.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.35 658.10 Td ($10.1 ) Tj ET Q q 0 0 0 rg BT 132.14 658.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.03 658.10 Td (, ) Tj ET Q q 0 0 0 rg BT 165.82 658.10 Td (of ) Tj ET Q q 0 0 0 rg BT 176.44 658.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.16 658.10 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 222.95 658.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.84 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 254.13 658.10 Td (was ) Tj ET Q q 0 0 0 rg BT 271.97 658.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 307.58 658.10 Td (in ) Tj ET Q q 0 0 0 rg BT 317.65 658.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 359.37 658.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 401.37 658.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.10 658.10 Td ($8.6 ) Tj ET Q q 0 0 0 rg BT 437.89 658.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.78 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 469.07 658.10 Td (was ) Tj ET Q q 0 0 0 rg BT 486.91 658.10 Td (included ) Tj ET Q q 0 0 0 rg BT 523.63 658.10 Td (in ) Tj ET Q q 0 0 0 rg BT 533.70 658.10 Td (current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 89.72 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 100.00 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 114.71 646.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 161.79 646.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 208.73 646.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 264.00 646.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 298.71 646.10 Td (Sheet.) Tj ET Q BT /F5 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 620.53505859375 m 152.0361328125 620.53505859375 l s q 0 0 0 rg BT 50.00 622.10 Td (Y) Tj ET Q q 0 0 0 rg BT 55.19 622.10 Td (atra ) Tj ET Q q 0 0 0 rg BT 74.36 622.10 Td (Merger ) Tj ET Q q 0 0 0 rg BT 107.04 622.10 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 598.10 Td (As ) Tj ET Q q 0 0 0 rg BT 100.44 598.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 145.99 598.10 Td (disclosed, ) Tj ET Q q 0 0 0 rg BT 189.03 598.10 Td (on ) Tj ET Q q 0 0 0 rg BT 202.36 598.10 Td (July ) Tj ET Q q 0 0 0 rg BT 222.36 598.10 Td (16 ) Tj ET Q q 0 0 0 rg BT 235.69 598.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 261.52 598.10 Td (the ) Tj ET Q q 0 0 0 rg BT 277.07 598.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 319.28 598.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 352.04 598.10 Td (into ) Tj ET Q q 0 0 0 rg BT 370.92 598.10 Td (a ) Tj ET Q q 0 0 0 rg BT 378.69 598.10 Td (Mer) Tj ET Q q 0 0 0 rg BT 395.17 598.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 410.53 598.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 458.28 598.10 Td (with ) Tj ET Q q 0 0 0 rg BT 478.90 598.10 Td (Y) Tj ET Q q 0 0 0 rg BT 485.12 598.10 Td (atra ) Tj ET Q q 0 0 0 rg BT 503.43 598.10 Td (Online, ) Tj ET Q q 0 0 0 rg BT 536.48 598.10 Td (Inc., ) Tj ET Q q 0 0 0 rg BT 557.58 598.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Cayman ) Tj ET Q q 0 0 0 rg BT 85.20 586.10 Td (Islands ) Tj ET Q q 0 0 0 rg BT 115.41 586.10 Td (exempted ) Tj ET Q q 0 0 0 rg BT 156.16 586.10 Td (company ) Tj ET Q q 0 0 0 rg BT 194.69 586.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 224.90 586.10 Td (by ) Tj ET Q q 0 0 0 rg BT 236.78 586.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 263.65 586.10 Td (\(Y) Tj ET Q q 0 0 0 rg BT 277.63 586.10 Td (atra\), ) Tj ET Q q 0 0 0 rg BT 304.77 586.10 Td (and ) Tj ET Q q 0 0 0 rg BT 321.08 586.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 361.71 586.10 Td (T) Tj ET Q q 0 0 0 rg BT 367.47 586.10 Td (ravels ) Tj ET Q q 0 0 0 rg BT 393.22 586.10 Td (Inc., ) Tj ET Q q 0 0 0 rg BT 412.87 586.10 Td (a ) Tj ET Q q 0 0 0 rg BT 419.18 586.10 Td (Cayman ) Tj ET Q q 0 0 0 rg BT 454.39 586.10 Td (Islands ) Tj ET Q q 0 0 0 rg BT 484.59 586.10 Td (exempted ) Tj ET Q q 0 0 0 rg BT 525.34 586.10 Td (company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 81.16 574.10 Td (by ) Tj ET Q q 0 0 0 rg BT 93.99 574.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 121.81 574.10 Td (and ) Tj ET Q q 0 0 0 rg BT 139.08 574.10 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 199.68 574.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 243.61 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 254.77 574.10 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 276.49 574.10 Td (\(Mer) Tj ET Q q 0 0 0 rg BT 300.74 574.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 316.34 574.10 Td (Sub\). ) Tj ET Q q 0 0 0 rg BT 344.79 574.10 Td (The ) Tj ET Q q 0 0 0 rg BT 363.17 574.10 Td (Mer) Tj ET Q q 0 0 0 rg BT 379.65 574.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 394.62 574.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 441.87 574.10 Td (provides, ) Tj ET Q q 0 0 0 rg BT 481.64 574.10 Td (among ) Tj ET Q q 0 0 0 rg BT 511.69 574.10 Td (other ) Tj ET Q q 0 0 0 rg BT 535.06 574.10 Td (things, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (that, ) Tj ET Q q 0 0 0 rg BT 69.40 562.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 91.31 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 105.44 562.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 129.57 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 145.91 562.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 176.15 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 185.83 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 199.96 562.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 243.54 562.10 Td (set ) Tj ET Q q 0 0 0 rg BT 256.55 562.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 277.90 562.10 Td (therein, ) Tj ET Q q 0 0 0 rg BT 310.07 562.10 Td (Mer) Tj ET Q q 0 0 0 rg BT 326.55 562.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 341.23 562.10 Td (Sub ) Tj ET Q q 0 0 0 rg BT 358.70 562.10 Td (will ) Tj ET Q q 0 0 0 rg BT 376.17 562.10 Td (mer) Tj ET Q q 0 0 0 rg BT 391.53 562.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 402.88 562.10 Td (with ) Tj ET Q q 0 0 0 rg BT 422.57 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 438.92 562.10 Td (into ) Tj ET Q q 0 0 0 rg BT 456.10 562.10 Td (Y) Tj ET Q q 0 0 0 rg BT 462.32 562.10 Td (atra, ) Tj ET Q q 0 0 0 rg BT 481.71 562.10 Td (with ) Tj ET Q q 0 0 0 rg BT 501.12 562.10 Td (Y) Tj ET Q q 0 0 0 rg BT 507.34 562.10 Td (atra ) Tj ET Q q 0 0 0 rg BT 524.23 562.10 Td (surviving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (as ) Tj ET Q q 0 0 0 rg BT 60.93 550.10 Td (a ) Tj ET Q q 0 0 0 rg BT 67.97 550.10 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 128.34 550.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 172.05 550.10 Td (of ) Tj ET Q q 0 0 0 rg BT 182.98 550.10 Td (Ebix. ) Tj ET Q q 0 0 0 rg BT 206.77 550.10 Td (The ) Tj ET Q q 0 0 0 rg BT 224.92 550.10 Td (Mer) Tj ET Q q 0 0 0 rg BT 241.40 550.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 256.20 550.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 303.22 550.10 Td (contains ) Tj ET Q q 0 0 0 rg BT 339.15 550.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 368.95 550.10 Td (termination ) Tj ET Q q 0 0 0 rg BT 417.65 550.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 443.02 550.10 Td (for ) Tj ET Q q 0 0 0 rg BT 457.29 550.10 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 478.77 550.10 Td (and ) Tj ET Q q 0 0 0 rg BT 495.42 550.10 Td (Y) Tj ET Q q 0 0 0 rg BT 501.65 550.10 Td (atra, ) Tj ET Q q 0 0 0 rg BT 521.73 550.10 Td (including, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (among ) Tj ET Q q 0 0 0 rg BT 79.51 538.10 Td (others, ) Tj ET Q q 0 0 0 rg BT 108.75 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.26 538.10 Td (right ) Tj ET Q q 0 0 0 rg BT 144.45 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 155.08 538.10 Td (either ) Tj ET Q q 0 0 0 rg BT 180.14 538.10 Td (party ) Tj ET Q q 0 0 0 rg BT 202.98 538.10 Td (to ) Tj ET Q q 0 0 0 rg BT 213.06 538.10 Td (terminate ) Tj ET Q q 0 0 0 rg BT 253.11 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 267.63 538.10 Td (Mer) Tj ET Q q 0 0 0 rg BT 284.11 538.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 298.67 538.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 345.39 538.10 Td (if ) Tj ET Q q 0 0 0 rg BT 353.79 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 368.31 538.10 Td (Mer) Tj ET Q q 0 0 0 rg BT 384.79 538.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 399.85 538.10 Td (has ) Tj ET Q q 0 0 0 rg BT 415.48 538.10 Td (not ) Tj ET Q q 0 0 0 rg BT 430.56 538.10 Td (been ) Tj ET Q q 0 0 0 rg BT 451.73 538.10 Td (consummated ) Tj ET Q q 0 0 0 rg BT 509.57 538.10 Td (on ) Tj ET Q q 0 0 0 rg BT 521.87 538.10 Td (or ) Tj ET Q q 0 0 0 rg BT 532.49 538.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 554.23 538.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 526.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 109.43 526.10 Td (extended ) Tj ET Q q 0 0 0 rg BT 148.03 526.10 Td (date ) Tj ET Q q 0 0 0 rg BT 167.18 526.10 Td (\(Outside ) Tj ET Q q 0 0 0 rg BT 204.12 526.10 Td (Date\) ) Tj ET Q q 0 0 0 rg BT 228.83 526.10 Td (of ) Tj ET Q q 0 0 0 rg BT 239.66 526.10 Td (May ) Tj ET Q q 0 0 0 rg BT 260.49 526.10 Td (4, ) Tj ET Q q 0 0 0 rg BT 270.49 526.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 295.49 526.10 Td (and ) Tj ET Q q 0 0 0 rg BT 312.43 526.10 Td (such ) Tj ET Q q 0 0 0 rg BT 333.26 526.10 Td (Outside ) Tj ET Q q 0 0 0 rg BT 366.87 526.10 Td (Date ) Tj ET Q q 0 0 0 rg BT 388.24 526.10 Td (has ) Tj ET Q q 0 0 0 rg BT 404.07 526.10 Td (not ) Tj ET Q q 0 0 0 rg BT 419.35 526.10 Td (been ) Tj ET Q q 0 0 0 rg BT 440.73 526.10 Td (further ) Tj ET Q q 0 0 0 rg BT 470.43 526.10 Td (extended.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 504.10 Td (Operating ) Tj ET Q q 0 0 0 rg BT 93.80 504.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 482.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 102.45 482.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 122.24 482.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 159.80 482.10 Td (by ) Tj ET Q q 0 0 0 rg BT 171.82 482.10 Td (our ) Tj ET Q q 0 0 0 rg BT 187.16 482.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 226.94 482.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 265.06 482.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.62 482.10 Td ($29.6 ) Tj ET Q q 0 0 0 rg BT 307.14 482.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.03 482.10 Td ( ) Tj ET Q q 0 0 0 rg BT 338.05 482.10 Td (for ) Tj ET Q q 0 0 0 rg BT 351.72 482.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.95 482.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.94 482.10 Td ( ) Tj ET Q q 0 0 0 rg BT 387.96 482.10 Td (months ) Tj ET Q q 0 0 0 rg BT 419.42 482.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.31 482.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 488.43 482.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.43 482.10 Td (. ) Tj ET Q q 0 0 0 rg BT 512.80 482.10 Td (The ) Tj ET Q q 0 0 0 rg BT 530.36 482.10 Td (primary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.10 Td (components ) Tj ET Q q 0 0 0 rg BT 99.93 470.10 Td (of ) Tj ET Q q 0 0 0 rg BT 109.86 470.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.68 470.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 143.05 470.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 180.20 470.10 Td (by ) Tj ET Q q 0 0 0 rg BT 191.81 470.10 Td (our ) Tj ET Q q 0 0 0 rg BT 206.74 470.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 246.11 470.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 283.81 470.10 Td (during ) Tj ET Q q 0 0 0 rg BT 311.52 470.10 Td (the ) Tj ET Q q 0 0 0 rg BT 325.34 470.10 Td (three-month ) Tj ET Q q 0 0 0 rg BT 375.81 470.10 Td (period ) Tj ET Q q 0 0 0 rg BT 402.96 470.10 Td (consisted ) Tj ET Q q 0 0 0 rg BT 441.78 470.10 Td (of ) Tj ET Q q 0 0 0 rg BT 451.72 470.10 Td (net ) Tj ET Q q 0 0 0 rg BT 465.54 470.10 Td (income ) Tj ET Q q 0 0 0 rg BT 496.57 470.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.51 470.10 Td ($24.7 ) Tj ET Q q 0 0 0 rg BT 530.61 470.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.50 470.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.10 Td (net ) Tj ET Q q 0 0 0 rg BT 65.67 458.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.45 458.10 Td (\($419\) ) Tj ET Q q 0 0 0 rg BT 107.56 458.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.67 458.10 Td ( ) Tj ET Q q 0 0 0 rg BT 147.12 458.10 Td (of ) Tj ET Q q 0 0 0 rg BT 158.91 458.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 204.00 458.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 236.33 458.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 274.76 458.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 315.96 458.10 Td (gains, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.02 458.10 Td ($3.6 ) Tj ET Q q 0 0 0 rg BT 363.97 458.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.87 458.10 Td ( ) Tj ET Q q 0 0 0 rg BT 396.32 458.10 Td (of ) Tj ET Q q 0 0 0 rg BT 408.10 458.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 460.97 458.10 Td (and ) Tj ET Q q 0 0 0 rg BT 478.86 458.10 Td (amortization, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.35 458.10 Td (\($278\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.11 446.10 Td ( ) Tj ET Q q 0 0 0 rg BT 88.29 446.10 Td (of ) Tj ET Q q 0 0 0 rg BT 98.80 446.10 Td (net ) Tj ET Q q 0 0 0 rg BT 113.20 446.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 130.95 446.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 178.67 446.10 Td (to ) Tj ET Q q 0 0 0 rg BT 188.63 446.10 Td (a ) Tj ET Q q 0 0 0 rg BT 195.25 446.10 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 259.64 446.10 Td (interest, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.76 446.10 Td ($1.1 ) Tj ET Q q 0 0 0 rg BT 313.44 446.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.33 446.10 Td ( ) Tj ET Q q 0 0 0 rg BT 344.52 446.10 Td (of ) Tj ET Q q 0 0 0 rg BT 355.03 446.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 393.31 446.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 442.69 446.10 Td (compensation, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.92 446.10 Td ($1.8 ) Tj ET Q q 0 0 0 rg BT 522.60 446.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.49 446.10 Td ( ) Tj ET Q q 0 0 0 rg BT 553.67 446.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.10 Td (right-of-use ) Tj ET Q q 0 0 0 rg BT 99.87 434.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 125.86 434.10 Td (amortization, ) Tj ET Q q 0 0 0 rg BT 181.56 434.10 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.56 434.10 Td (833 ) Tj ET Q q 0 0 0 rg BT 204.22 434.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.33 434.10 Td ( ) Tj ET Q q 0 0 0 rg BT 242.99 434.10 Td (of ) Tj ET Q q 0 0 0 rg BT 253.98 434.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 307.18 434.10 Td (of ) Tj ET Q q 0 0 0 rg BT 318.17 434.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 364.14 434.10 Td (software ) Tj ET Q q 0 0 0 rg BT 401.23 434.10 Td (development ) Tj ET Q q 0 0 0 rg BT 455.54 434.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 478.20 434.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.30 434.10 Td (\($1.8\) ) Tj ET Q q 0 0 0 rg BT 522.12 434.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.01 434.10 Td ( ) Tj ET Q q 0 0 0 rg BT 553.67 434.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.10 Td (working ) Tj ET Q q 0 0 0 rg BT 85.64 422.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 114.59 422.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 169.10 422.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 208.62 422.10 Td (due ) Tj ET Q q 0 0 0 rg BT 225.37 422.10 Td (to ) Tj ET Q q 0 0 0 rg BT 235.45 422.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 277.18 422.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 314.47 422.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 347.87 422.10 Td (and ) Tj ET Q q 0 0 0 rg BT 364.61 422.10 Td (accrued ) Tj ET Q q 0 0 0 rg BT 398.01 422.10 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 438.91 422.10 Td (During ) Tj ET Q q 0 0 0 rg BT 469.55 422.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.07 422.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.06 422.10 Td ( ) Tj ET Q q 0 0 0 rg BT 506.36 422.10 Td (months ) Tj ET Q q 0 0 0 rg BT 538.12 422.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 93.60 410.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.60 410.10 Td (, ) Tj ET Q q 0 0 0 rg BT 118.60 410.10 Td (the ) Tj ET Q q 0 0 0 rg BT 133.32 410.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 174.70 410.10 Td (made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.86 410.10 Td ($1.1 ) Tj ET Q q 0 0 0 rg BT 218.86 410.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.75 410.10 Td ( ) Tj ET Q q 0 0 0 rg BT 250.25 410.10 Td (of ) Tj ET Q q 0 0 0 rg BT 261.08 410.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 275.80 410.10 Td (payments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 386.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 102.48 386.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 122.29 386.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 159.88 386.10 Td (by ) Tj ET Q q 0 0 0 rg BT 171.92 386.10 Td (our ) Tj ET Q q 0 0 0 rg BT 187.29 386.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 227.09 386.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 265.23 386.10 Td (was ) Tj ET Q q 0 0 0 rg BT 282.83 386.10 Td ($21.0 ) Tj ET Q q 0 0 0 rg BT 307.37 386.10 Td (million ) Tj ET Q q 0 0 0 rg BT 338.30 386.10 Td (for ) Tj ET Q q 0 0 0 rg BT 352.00 386.10 Td (the ) Tj ET Q q 0 0 0 rg BT 366.26 386.10 Td (three ) Tj ET Q q 0 0 0 rg BT 388.29 386.10 Td (months ) Tj ET Q q 0 0 0 rg BT 419.77 386.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 445.69 386.10 Td (March ) Tj ET Q q 0 0 0 rg BT 473.83 386.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 488.37 386.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 512.77 386.10 Td (The ) Tj ET Q q 0 0 0 rg BT 530.35 386.10 Td (primary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.10 Td (components ) Tj ET Q q 0 0 0 rg BT 99.93 374.10 Td (of ) Tj ET Q q 0 0 0 rg BT 109.86 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.68 374.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 143.05 374.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 180.20 374.10 Td (by ) Tj ET Q q 0 0 0 rg BT 191.81 374.10 Td (our ) Tj ET Q q 0 0 0 rg BT 206.74 374.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 246.11 374.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 283.81 374.10 Td (during ) Tj ET Q q 0 0 0 rg BT 311.52 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 325.34 374.10 Td (three-month ) Tj ET Q q 0 0 0 rg BT 375.81 374.10 Td (period ) Tj ET Q q 0 0 0 rg BT 402.96 374.10 Td (consisted ) Tj ET Q q 0 0 0 rg BT 441.78 374.10 Td (of ) Tj ET Q q 0 0 0 rg BT 451.72 374.10 Td (net ) Tj ET Q q 0 0 0 rg BT 465.54 374.10 Td (income ) Tj ET Q q 0 0 0 rg BT 496.57 374.10 Td (of ) Tj ET Q q 0 0 0 rg BT 506.51 374.10 Td ($25.7 ) Tj ET Q q 0 0 0 rg BT 530.61 374.10 Td (million, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.10 Td (net ) Tj ET Q q 0 0 0 rg BT 63.65 362.10 Td (of ) Tj ET Q q 0 0 0 rg BT 73.41 362.10 Td ( ) Tj ET Q q 0 0 0 rg BT 74.84 362.10 Td ($313 ) Tj ET Q q 0 0 0 rg BT 96.28 362.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 133.82 362.10 Td (of ) Tj ET Q q 0 0 0 rg BT 143.58 362.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 186.65 362.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 216.96 362.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 253.37 362.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 292.55 362.10 Td (gains, ) Tj ET Q q 0 0 0 rg BT 317.59 362.10 Td ($4.1 ) Tj ET Q q 0 0 0 rg BT 336.53 362.10 Td (million ) Tj ET Q q 0 0 0 rg BT 366.85 362.10 Td (of ) Tj ET Q q 0 0 0 rg BT 376.61 362.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 427.46 362.10 Td (and ) Tj ET Q q 0 0 0 rg BT 443.33 362.10 Td (amortization, ) Tj ET Q q 0 0 0 rg BT 497.80 362.10 Td (\($667\) ) Tj ET Q q 0 0 0 rg BT 525.90 362.10 Td (thousand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.43 350.10 Td (net ) Tj ET Q q 0 0 0 rg BT 76.75 350.10 Td (income ) Tj ET Q q 0 0 0 rg BT 109.29 350.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 157.93 350.10 Td (to ) Tj ET Q q 0 0 0 rg BT 168.81 350.10 Td (a ) Tj ET Q q 0 0 0 rg BT 176.35 350.10 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 241.66 350.10 Td (interest, ) Tj ET Q q 0 0 0 rg BT 276.70 350.10 Td ($576 ) Tj ET Q q 0 0 0 rg BT 299.80 350.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 339.01 350.10 Td (of ) Tj ET Q q 0 0 0 rg BT 350.44 350.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 389.64 350.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 439.94 350.10 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 501.08 350.10 Td ($1.7 ) Tj ET Q q 0 0 0 rg BT 521.69 350.10 Td (million ) Tj ET Q q 0 0 0 rg BT 553.68 350.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (right-of-use ) Tj ET Q q 0 0 0 rg BT 99.90 338.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 125.93 338.10 Td (amortization, ) Tj ET Q q 0 0 0 rg BT 181.67 338.10 Td (and ) Tj ET Q q 0 0 0 rg BT 198.80 338.10 Td ($596 ) Tj ET Q q 0 0 0 rg BT 221.50 338.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 260.31 338.10 Td (of ) Tj ET Q q 0 0 0 rg BT 271.34 338.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 324.57 338.10 Td (of ) Tj ET Q q 0 0 0 rg BT 335.60 338.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 381.60 338.10 Td (software ) Tj ET Q q 0 0 0 rg BT 418.73 338.10 Td (development ) Tj ET Q q 0 0 0 rg BT 473.08 338.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 495.77 338.10 Td (and ) Tj ET Q q 0 0 0 rg BT 512.91 338.10 Td ($4.2 ) Tj ET Q q 0 0 0 rg BT 533.11 338.10 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.86 326.10 Td (working ) Tj ET Q q 0 0 0 rg BT 98.71 326.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 128.89 326.10 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 187.12 326.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 227.86 326.10 Td (due ) Tj ET Q q 0 0 0 rg BT 245.82 326.10 Td (to ) Tj ET Q q 0 0 0 rg BT 257.13 326.10 Td (a ) Tj ET Q q 0 0 0 rg BT 265.09 326.10 Td ($19.7 ) Tj ET Q q 0 0 0 rg BT 291.12 326.10 Td (million ) Tj ET Q q 0 0 0 rg BT 323.54 326.10 Td (accrual ) Tj ET Q q 0 0 0 rg BT 355.93 326.10 Td (for ) Tj ET Q q 0 0 0 rg BT 371.12 326.10 Td (a ) Tj ET Q q 0 0 0 rg BT 379.08 326.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 420.37 326.10 Td (litigation ) Tj ET Q q 0 0 0 rg BT 460.01 326.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 504.63 326.10 Td (and ) Tj ET Q q 0 0 0 rg BT 522.60 326.10 Td (decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 98.52 314.10 Td (trade ) Tj ET Q q 0 0 0 rg BT 120.36 314.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 157.21 314.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 200.14 314.10 Td (and ) Tj ET Q q 0 0 0 rg BT 216.44 314.10 Td (other ) Tj ET Q q 0 0 0 rg BT 238.84 314.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 266.53 314.10 Td (Partially ) Tj ET Q q 0 0 0 rg BT 302.27 314.10 Td (of) Tj ET Q q 0 0 0 rg BT 310.42 314.10 Td (fsetting ) Tj ET Q q 0 0 0 rg BT 342.27 314.10 Td (this ) Tj ET Q q 0 0 0 rg BT 358.57 314.10 Td (net ) Tj ET Q q 0 0 0 rg BT 372.65 314.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 392.27 314.10 Td (inflow ) Tj ET Q q 0 0 0 rg BT 420.24 314.10 Td (was ) Tj ET Q q 0 0 0 rg BT 437.65 314.10 Td ($15.4 ) Tj ET Q q 0 0 0 rg BT 462.00 314.10 Td (million ) Tj ET Q q 0 0 0 rg BT 492.75 314.10 Td (of ) Tj ET Q q 0 0 0 rg BT 502.94 314.10 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 540.90 314.10 Td (gains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 96.65 302.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 119.44 302.10 Td (the ) Tj ET Q q 0 0 0 rg BT 134.45 302.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 175.00 302.10 Td (in ) Tj ET Q q 0 0 0 rg BT 185.57 302.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 232.24 302.10 Td (earnout ) Tj ET Q q 0 0 0 rg BT 265.02 302.10 Td (contingent ) Tj ET Q q 0 0 0 rg BT 310.02 302.10 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 352.52 302.10 Td (During ) Tj ET Q q 0 0 0 rg BT 383.64 302.10 Td (the ) Tj ET Q q 0 0 0 rg BT 398.65 302.10 Td (three ) Tj ET Q q 0 0 0 rg BT 421.42 302.10 Td (months ) Tj ET Q q 0 0 0 rg BT 453.66 302.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 480.33 302.10 Td (March ) Tj ET Q q 0 0 0 rg BT 509.22 302.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 524.51 302.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 549.80 302.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 91.39 290.10 Td (made ) Tj ET Q q 0 0 0 rg BT 115.54 290.10 Td ($4.1 ) Tj ET Q q 0 0 0 rg BT 135.54 290.10 Td (million ) Tj ET Q q 0 0 0 rg BT 166.93 290.10 Td (of ) Tj ET Q q 0 0 0 rg BT 177.76 290.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 192.48 290.10 Td (payments.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 266.10 Td (Investing ) Tj ET Q q 0 0 0 rg BT 90.47 266.10 Td (Activities) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 242.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 242.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 103.51 242.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 124.35 242.10 Td (used ) Tj ET Q q 0 0 0 rg BT 145.75 242.10 Td (for ) Tj ET Q q 0 0 0 rg BT 160.48 242.10 Td (investing ) Tj ET Q q 0 0 0 rg BT 200.22 242.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 239.39 242.10 Td (during ) Tj ET Q q 0 0 0 rg BT 268.57 242.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.86 242.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.84 242.10 Td ( ) Tj ET Q q 0 0 0 rg BT 306.91 242.10 Td (months ) Tj ET Q q 0 0 0 rg BT 339.43 242.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.38 242.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 410.55 242.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.55 242.10 Td ( ) Tj ET Q q 0 0 0 rg BT 433.62 242.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.25 242.10 Td ($9.6 ) Tj ET Q q 0 0 0 rg BT 472.82 242.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.71 242.10 Td (, ) Tj ET Q q 0 0 0 rg BT 507.28 242.10 Td (and ) Tj ET Q q 0 0 0 rg BT 524.79 242.10 Td (consisted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 90.03 230.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.19 230.10 Td ($1.9 ) Tj ET Q q 0 0 0 rg BT 121.51 230.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.40 230.10 Td ( ) Tj ET Q q 0 0 0 rg BT 153.22 230.10 Td (used ) Tj ET Q q 0 0 0 rg BT 174.38 230.10 Td (for ) Tj ET Q q 0 0 0 rg BT 188.86 230.10 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 266.09 230.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 307.24 230.10 Td (for ) Tj ET Q q 0 0 0 rg BT 321.72 230.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 372.32 230.10 Td (consummated ) Tj ET Q q 0 0 0 rg BT 430.68 230.10 Td (in ) Tj ET Q q 0 0 0 rg BT 441.28 230.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 463.54 230.10 Td (periods, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.31 230.10 Td ($2.1 ) Tj ET Q q 0 0 0 rg BT 518.63 230.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.52 230.10 Td ( ) Tj ET Q q 0 0 0 rg BT 550.34 230.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.10 Td (software ) Tj ET Q q 0 0 0 rg BT 86.87 218.10 Td (development ) Tj ET Q q 0 0 0 rg BT 140.96 218.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 163.41 218.10 Td (that ) Tj ET Q q 0 0 0 rg BT 180.85 218.10 Td (were ) Tj ET Q q 0 0 0 rg BT 202.72 218.10 Td (capitalized, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.97 218.10 Td ($557 ) Tj ET Q q 0 0 0 rg BT 273.41 218.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.52 218.10 Td ( ) Tj ET Q q 0 0 0 rg BT 311.96 218.10 Td (for ) Tj ET Q q 0 0 0 rg BT 326.06 218.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 355.16 218.10 Td (expenditures, ) Tj ET Q q 0 0 0 rg BT 411.19 218.10 Td (and ) Tj ET Q q 0 0 0 rg BT 428.07 218.10 Td (increases ) Tj ET Q q 0 0 0 rg BT 467.16 218.10 Td (in ) Tj ET Q q 0 0 0 rg BT 477.38 218.10 Td (marketable ) Tj ET Q q 0 0 0 rg BT 524.25 218.10 Td (securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 206.10 Td ($5.1 ) Tj ET Q q 0 0 0 rg BT 80.83 206.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.72 206.10 Td ( ) Tj ET Q q 0 0 0 rg BT 112.22 206.10 Td (\(specifically ) Tj ET Q q 0 0 0 rg BT 164.14 206.10 Td (bank ) Tj ET Q q 0 0 0 rg BT 186.08 206.10 Td (certificates ) Tj ET Q q 0 0 0 rg BT 232.44 206.10 Td (of ) Tj ET Q q 0 0 0 rg BT 243.27 206.10 Td (deposit\). ) Tj ET Q q 0 0 0 rg BT 280.48 206.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 184.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 103.20 184.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 123.73 184.10 Td (used ) Tj ET Q q 0 0 0 rg BT 144.82 184.10 Td (for ) Tj ET Q q 0 0 0 rg BT 159.24 184.10 Td (investing ) Tj ET Q q 0 0 0 rg BT 198.67 184.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 237.53 184.10 Td (during ) Tj ET Q q 0 0 0 rg BT 266.40 184.10 Td (the ) Tj ET Q q 0 0 0 rg BT 281.38 184.10 Td (three ) Tj ET Q q 0 0 0 rg BT 304.12 184.10 Td (months ) Tj ET Q q 0 0 0 rg BT 336.33 184.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 362.97 184.10 Td (March ) Tj ET Q q 0 0 0 rg BT 391.83 184.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 407.09 184.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 429.85 184.10 Td (was ) Tj ET Q q 0 0 0 rg BT 448.17 184.10 Td ($87.0 ) Tj ET Q q 0 0 0 rg BT 473.43 184.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 507.58 184.10 Td (and ) Tj ET Q q 0 0 0 rg BT 524.78 184.10 Td (consisted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 90.42 172.10 Td (of ) Tj ET Q q 0 0 0 rg BT 101.95 172.10 Td ($90.4 ) Tj ET Q q 0 0 0 rg BT 127.66 172.10 Td (million ) Tj ET Q q 0 0 0 rg BT 159.75 172.10 Td (used ) Tj ET Q q 0 0 0 rg BT 181.29 172.10 Td (for ) Tj ET Q q 0 0 0 rg BT 196.15 172.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 243.24 172.10 Td (activity) Tj ET Q q 0 0 0 rg BT 272.58 172.10 Td (, ) Tj ET Q q 0 0 0 rg BT 278.28 172.10 Td (including ) Tj ET Q q 0 0 0 rg BT 319.26 172.10 Td (the ) Tj ET Q q 0 0 0 rg BT 334.45 172.10 Td (W) Tj ET Q q 0 0 0 rg BT 343.09 172.10 Td (eizmann, ) Tj ET Q q 0 0 0 rg BT 382.67 172.10 Td (Zillious ) Tj ET Q q 0 0 0 rg BT 416.98 172.10 Td (and ) Tj ET Q q 0 0 0 rg BT 434.63 172.10 Td (Essel ) Tj ET Q q 0 0 0 rg BT 458.94 172.10 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 512.42 172.10 Td ($4.9 ) Tj ET Q q 0 0 0 rg BT 533.12 172.10 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.10 Td (expended ) Tj ET Q q 0 0 0 rg BT 91.33 160.10 Td (to ) Tj ET Q q 0 0 0 rg BT 102.13 160.10 Td (reacquire ) Tj ET Q q 0 0 0 rg BT 142.34 160.10 Td (Paul ) Tj ET Q q 0 0 0 rg BT 163.13 160.10 Td (Merchants ) Tj ET Q q 0 0 0 rg BT 208.35 160.10 Td (10% ) Tj ET Q q 0 0 0 rg BT 229.70 160.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 257.71 160.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 290.16 160.10 Td (in ) Tj ET Q q 0 0 0 rg BT 300.96 160.10 Td (Ebix) Tj ET Q q 0 0 0 rg BT 322.62 160.10 Td (s ) Tj ET Q q 0 0 0 rg BT 329.53 160.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 371.98 160.10 Td (international ) Tj ET Q q 0 0 0 rg BT 425.54 160.10 Td (remittance ) Tj ET Q q 0 0 0 rg BT 470.75 160.10 Td (business ) Tj ET Q q 0 0 0 rg BT 507.66 160.10 Td (in ) Tj ET Q q 0 0 0 rg BT 518.45 160.10 Td (India, ) Tj ET Q q 0 0 0 rg BT 544.52 160.10 Td ($1.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.10 Td (million ) Tj ET Q q 0 0 0 rg BT 81.10 148.10 Td (for ) Tj ET Q q 0 0 0 rg BT 94.98 148.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 123.84 148.10 Td (expenditures, ) Tj ET Q q 0 0 0 rg BT 179.65 148.10 Td (and ) Tj ET Q q 0 0 0 rg BT 196.30 148.10 Td ($1.7 ) Tj ET Q q 0 0 0 rg BT 216.01 148.10 Td (million ) Tj ET Q q 0 0 0 rg BT 247.12 148.10 Td (for ) Tj ET Q q 0 0 0 rg BT 260.99 148.10 Td (software ) Tj ET Q q 0 0 0 rg BT 297.64 148.10 Td (development ) Tj ET Q q 0 0 0 rg BT 351.50 148.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 373.71 148.10 Td (that ) Tj ET Q q 0 0 0 rg BT 390.92 148.10 Td (were ) Tj ET Q q 0 0 0 rg BT 412.56 148.10 Td (capitalized. ) Tj ET Q q 0 0 0 rg BT 460.58 148.10 Td ( ) Tj ET Q q 0 0 0 rg BT 462.80 148.10 Td ( ) Tj ET Q q 0 0 0 rg BT 465.01 148.10 Td (Partially ) Tj ET Q q 0 0 0 rg BT 501.10 148.10 Td (of) Tj ET Q q 0 0 0 rg BT 509.25 148.10 Td (fsetting ) Tj ET Q q 0 0 0 rg BT 541.46 148.10 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.10 Td (outflows ) Tj ET Q q 0 0 0 rg BT 87.50 136.10 Td (was ) Tj ET Q q 0 0 0 rg BT 105.55 136.10 Td ($1) Tj ET Q q 0 0 0 rg BT 115.18 136.10 Td (1.8 ) Tj ET Q q 0 0 0 rg BT 130.18 136.10 Td (million ) Tj ET Q q 0 0 0 rg BT 161.57 136.10 Td (from ) Tj ET Q q 0 0 0 rg BT 183.51 136.10 Td (the ) Tj ET Q q 0 0 0 rg BT 198.23 136.10 Td (net ) Tj ET Q q 0 0 0 rg BT 212.94 136.10 Td (maturities ) Tj ET Q q 0 0 0 rg BT 255.43 136.10 Td (of ) Tj ET Q q 0 0 0 rg BT 266.26 136.10 Td (marketable ) Tj ET Q q 0 0 0 rg BT 313.18 136.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 353.45 136.10 Td (\(specifically ) Tj ET Q q 0 0 0 rg BT 405.37 136.10 Td (bank ) Tj ET Q q 0 0 0 rg BT 427.30 136.10 Td (certificates ) Tj ET Q q 0 0 0 rg BT 473.66 136.10 Td (of ) Tj ET Q q 0 0 0 rg BT 484.49 136.10 Td (deposit\).) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 112.10 Td (Financing ) Tj ET Q q 0 0 0 rg BT 95.48 112.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 90.10 Td (During ) Tj ET Q q 0 0 0 rg BT 116.41 90.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.70 90.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.68 90.10 Td ( ) Tj ET Q q 0 0 0 rg BT 152.76 90.10 Td (months ) Tj ET Q q 0 0 0 rg BT 184.28 90.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.23 90.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 253.41 90.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.41 90.10 Td (, ) Tj ET Q q 0 0 0 rg BT 277.98 90.10 Td (net ) Tj ET Q q 0 0 0 rg BT 292.27 90.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 312.12 90.10 Td (used ) Tj ET Q q 0 0 0 rg BT 332.52 90.10 Td (by ) Tj ET Q q 0 0 0 rg BT 344.60 90.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 384.44 90.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 422.61 90.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.24 90.10 Td ($32.2 ) Tj ET Q q 0 0 0 rg BT 464.81 90.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.71 90.10 Td (, ) Tj ET Q q 0 0 0 rg BT 498.28 90.10 Td (which ) Tj ET Q q 0 0 0 rg BT 524.79 90.10 Td (consisted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 88.71 78.10 Td (of ) Tj ET Q q 0 0 0 rg BT 98.54 78.10 Td (a ) Tj ET Q q 0 0 0 rg BT 104.48 78.10 Td ($24.7 ) Tj ET Q q 0 0 0 rg BT 128.48 78.10 Td (million ) Tj ET Q q 0 0 0 rg BT 158.87 78.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 198.14 78.10 Td (in ) Tj ET Q q 0 0 0 rg BT 207.42 78.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 247.80 78.10 Td (working ) Tj ET Q q 0 0 0 rg BT 282.64 78.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 310.79 78.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 346.72 78.10 Td (in ) Tj ET Q q 0 0 0 rg BT 355.99 78.10 Td (India, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.54 78.10 Td ($3.8 ) Tj ET Q q 0 0 0 rg BT 399.54 78.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.43 78.10 Td ( ) Tj ET Q q 0 0 0 rg BT 429.93 78.10 Td (used ) Tj ET Q q 0 0 0 rg BT 449.76 78.10 Td (to ) Tj ET Q q 0 0 0 rg BT 459.04 78.10 Td (make ) Tj ET Q q 0 0 0 rg BT 482.20 78.10 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 523.69 78.10 Td (payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.50 66.10 Td (the ) Tj ET Q q 0 0 0 rg BT 77.22 66.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 111.38 66.10 Td (term ) Tj ET Q q 0 0 0 rg BT 132.21 66.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 151.92 66.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.86 66.10 Td ($2.3 ) Tj ET Q q 0 0 0 rg BT 188.86 66.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.75 66.10 Td ( ) Tj ET Q q 0 0 0 rg BT 220.25 66.10 Td (of ) Tj ET Q q 0 0 0 rg BT 231.08 66.10 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 269.68 66.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 311.06 66.10 Td (to ) Tj ET Q q 0 0 0 rg BT 321.34 66.10 Td (our ) Tj ET Q q 0 0 0 rg BT 337.17 66.10 Td (common ) Tj ET Q q 0 0 0 rg BT 374.67 66.10 Td (stockholders.) Tj ET Q endstream endobj 83 0 obj <>] /Rotate 0 /Contents 84 0 R>> endobj 84 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 742.10 Td (During ) Tj ET Q q 0 0 0 rg BT 117.73 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 133.34 742.10 Td (three ) Tj ET Q q 0 0 0 rg BT 156.73 742.10 Td (months ) Tj ET Q q 0 0 0 rg BT 189.57 742.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 216.85 742.10 Td (March ) Tj ET Q q 0 0 0 rg BT 246.35 742.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 262.25 742.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 288.14 742.10 Td (net ) Tj ET Q q 0 0 0 rg BT 303.76 742.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 324.93 742.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 363.87 742.10 Td (by ) Tj ET Q q 0 0 0 rg BT 377.27 742.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 418.43 742.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 457.93 742.10 Td (was ) Tj ET Q q 0 0 0 rg BT 476.88 742.10 Td ($14.1 ) Tj ET Q q 0 0 0 rg BT 502.78 742.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 537.57 742.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (consisted ) Tj ET Q q 0 0 0 rg BT 89.13 730.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 128.26 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 138.51 730.10 Td (a ) Tj ET Q q 0 0 0 rg BT 144.86 730.10 Td ($13.5 ) Tj ET Q q 0 0 0 rg BT 169.27 730.10 Td (million ) Tj ET Q q 0 0 0 rg BT 200.08 730.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 234.75 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 244.45 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 258.58 730.10 Td (Company) Tj ET Q q 0 0 0 rg BT 300.24 730.10 Td (s ) Tj ET Q q 0 0 0 rg BT 306.05 730.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 346.29 730.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 370.97 730.10 Td (facility) Tj ET Q q 0 0 0 rg BT 398.64 730.10 Td (, ) Tj ET Q q 0 0 0 rg BT 403.06 730.10 Td (a ) Tj ET Q q 0 0 0 rg BT 409.41 730.10 Td ($15.6 ) Tj ET Q q 0 0 0 rg BT 433.83 730.10 Td (million ) Tj ET Q q 0 0 0 rg BT 464.63 730.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 499.30 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 509.00 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 523.13 730.10 Td (EbixCash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (working ) Tj ET Q q 0 0 0 rg BT 86.06 718.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 115.44 718.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 146.49 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 156.99 718.10 Td (India, ) Tj ET Q q 0 0 0 rg BT 182.77 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 199.94 718.10 Td ($2.9 ) Tj ET Q q 0 0 0 rg BT 220.16 718.10 Td (million ) Tj ET Q q 0 0 0 rg BT 251.78 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 262.29 718.10 Td (net ) Tj ET Q q 0 0 0 rg BT 277.24 718.10 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 315.50 718.10 Td (from ) Tj ET Q q 0 0 0 rg BT 337.67 718.10 Td (short ) Tj ET Q q 0 0 0 rg BT 360.40 718.10 Td (term ) Tj ET Q q 0 0 0 rg BT 381.45 718.10 Td (third-party ) Tj ET Q q 0 0 0 rg BT 426.94 718.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 450.78 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 461.29 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 476.23 718.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 517.85 718.10 Td (operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 706.10 Td (fset, ) Tj ET Q q 0 0 0 rg BT 77.73 706.10 Td (in ) Tj ET Q q 0 0 0 rg BT 88.16 706.10 Td (part, ) Tj ET Q q 0 0 0 rg BT 108.85 706.10 Td (by ) Tj ET Q q 0 0 0 rg BT 121.50 706.10 Td ($1) Tj ET Q q 0 0 0 rg BT 131.13 706.10 Td (1.0 ) Tj ET Q q 0 0 0 rg BT 146.27 706.10 Td (million ) Tj ET Q q 0 0 0 rg BT 177.81 706.10 Td (used ) Tj ET Q q 0 0 0 rg BT 198.79 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 209.21 706.10 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 255.17 706.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 282.80 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 293.78 706.10 Td (our ) Tj ET Q q 0 0 0 rg BT 309.76 706.10 Td (common ) Tj ET Q q 0 0 0 rg BT 347.40 706.10 Td (stock, ) Tj ET Q q 0 0 0 rg BT 373.65 706.10 Td ($3.8 ) Tj ET Q q 0 0 0 rg BT 393.80 706.10 Td (million ) Tj ET Q q 0 0 0 rg BT 425.34 706.10 Td (used ) Tj ET Q q 0 0 0 rg BT 446.31 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 456.74 706.10 Td (make ) Tj ET Q q 0 0 0 rg BT 481.04 706.10 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 523.67 706.10 Td (payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.50 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 77.22 694.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 111.38 694.10 Td (term ) Tj ET Q q 0 0 0 rg BT 132.21 694.10 Td (loan, ) Tj ET Q q 0 0 0 rg BT 154.42 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 171.36 694.10 Td ($2.3 ) Tj ET Q q 0 0 0 rg BT 191.36 694.10 Td (million ) Tj ET Q q 0 0 0 rg BT 222.75 694.10 Td (used ) Tj ET Q q 0 0 0 rg BT 243.58 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 253.86 694.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 270.80 694.10 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 309.39 694.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 350.78 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 361.06 694.10 Td (our ) Tj ET Q q 0 0 0 rg BT 376.89 694.10 Td (common ) Tj ET Q q 0 0 0 rg BT 414.38 694.10 Td (stockholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 52.50 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 88.50 682.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 103.05 670.10 Td (Bank ) Tj ET Q q 0 0 0 rg BT 127.78 670.10 Td (Financing ) Tj ET Q q 0 0 0 rg BT 173.63 670.10 Td (Facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 646.10 Td (On ) Tj ET Q q 0 0 0 rg BT 101.10 646.10 Td (March ) Tj ET Q q 0 0 0 rg BT 130.08 646.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 145.46 646.10 Td (2020, ) Tj ET Q q 0 0 0 rg BT 170.84 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.94 646.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 227.71 646.10 Td (and ) Tj ET Q q 0 0 0 rg BT 245.03 646.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 275.11 646.10 Td (of ) Tj ET Q q 0 0 0 rg BT 286.32 646.10 Td (its ) Tj ET Q q 0 0 0 rg BT 298.65 646.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 348.75 646.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 381.05 646.10 Td (into ) Tj ET Q q 0 0 0 rg BT 399.49 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.38 646.10 Td (W) Tj ET Q q 0 0 0 rg BT 423.02 646.10 Td (aiver ) Tj ET Q q 0 0 0 rg BT 445.88 646.10 Td (related ) Tj ET Q q 0 0 0 rg BT 475.97 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 486.63 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 501.72 646.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 529.60 646.10 Td (Facility) Tj ET Q q 0 0 0 rg BT 559.50 646.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.34 634.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.98 634.10 Td (aiver ) Tj ET Q q 0 0 0 rg BT 99.97 634.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 137.41 634.10 Td (that ) Tj ET Q q 0 0 0 rg BT 155.42 634.10 Td (so ) Tj ET Q q 0 0 0 rg BT 167.32 634.10 Td (long ) Tj ET Q q 0 0 0 rg BT 188.10 634.10 Td (as ) Tj ET Q q 0 0 0 rg BT 199.44 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 214.67 634.10 Td (Company) Tj ET Q q 0 0 0 rg BT 256.33 634.10 Td (s ) Tj ET Q q 0 0 0 rg BT 263.23 634.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 300.10 634.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 321.43 634.10 Td (is ) Tj ET Q q 0 0 0 rg BT 331.11 634.10 Td (below ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.56 634.10 Td (5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.06 634.10 Td ( ) Tj ET Q q 0 0 0 rg BT 374.06 634.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.85 634.10 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.35 634.10 Td ( ) Tj ET Q q 0 0 0 rg BT 400.36 634.10 Td (for ) Tj ET Q q 0 0 0 rg BT 415.03 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 430.25 634.10 Td (Company) Tj ET Q q 0 0 0 rg BT 471.92 634.10 Td (s ) Tj ET Q q 0 0 0 rg BT 478.82 634.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 503.48 634.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 534.80 634.10 Td (ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (March ) Tj ET Q q 0 0 0 rg BT 79.46 622.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 95.33 622.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 118.69 622.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 156.49 622.10 Td (to ) Tj ET Q q 0 0 0 rg BT 167.64 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 183.22 622.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 208.80 622.10 Td (of ) Tj ET Q q 0 0 0 rg BT 220.49 622.10 Td (its ) Tj ET Q q 0 0 0 rg BT 233.31 622.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 282.76 622.10 Td (certificate ) Tj ET Q q 0 0 0 rg BT 326.09 622.10 Td (required ) Tj ET Q q 0 0 0 rg BT 362.77 622.10 Td (by ) Tj ET Q q 0 0 0 rg BT 376.13 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.71 622.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 420.07 622.10 Td (Facility) Tj ET Q q 0 0 0 rg BT 449.98 622.10 Td (, ) Tj ET Q q 0 0 0 rg BT 455.84 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 471.42 622.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 506.45 622.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 543.68 622.10 Td (ratio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (requirement ) Tj ET Q q 0 0 0 rg BT 100.81 610.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.64 610.10 Td (3.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.14 610.10 Td ( ) Tj ET Q q 0 0 0 rg BT 131.64 610.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.92 610.10 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.42 610.10 Td ( ) Tj ET Q q 0 0 0 rg BT 156.92 610.10 Td (will ) Tj ET Q q 0 0 0 rg BT 174.98 610.10 Td (be ) Tj ET Q q 0 0 0 rg BT 186.91 610.10 Td (waived.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 586.10 Td (On ) Tj ET Q q 0 0 0 rg BT 101.57 586.10 Td (September ) Tj ET Q q 0 0 0 rg BT 147.67 586.10 Td (27, ) Tj ET Q q 0 0 0 rg BT 163.52 586.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 189.36 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 204.92 586.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 247.15 586.10 Td (and ) Tj ET Q q 0 0 0 rg BT 264.93 586.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 295.48 586.10 Td (of ) Tj ET Q q 0 0 0 rg BT 307.15 586.10 Td (its ) Tj ET Q q 0 0 0 rg BT 319.95 586.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 370.51 586.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 403.27 586.10 Td (into ) Tj ET Q q 0 0 0 rg BT 422.17 586.10 Td (the ) Tj ET Q q 0 0 0 rg BT 437.73 586.10 Td (Ninth ) Tj ET Q q 0 0 0 rg BT 463.12 586.10 Td (Amendment ) Tj ET Q q 0 0 0 rg BT 515.90 586.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 534.79 586.10 Td (Ninth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (Amendment\) ) Tj ET Q q 0 0 0 rg BT 109.04 574.10 Td (to ) Tj ET Q q 0 0 0 rg BT 118.66 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 132.72 574.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 159.15 574.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 205.41 574.10 Td (which ) Tj ET Q q 0 0 0 rg BT 231.69 574.10 Td (amended ) Tj ET Q q 0 0 0 rg BT 269.62 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 283.68 574.10 Td (definitions ) Tj ET Q q 0 0 0 rg BT 328.29 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 338.46 574.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 397.51 574.10 Td (EBITDA" ) Tj ET Q q 0 0 0 rg BT 440.09 574.10 Td (to ) Tj ET Q q 0 0 0 rg BT 449.71 574.10 Td (add ) Tj ET Q q 0 0 0 rg BT 465.99 574.10 Td (back ) Tj ET Q q 0 0 0 rg BT 486.71 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 500.76 574.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 542.58 574.10 Td (legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (settlement, ) Tj ET Q q 0 0 0 rg BT 96.81 562.10 Td (Indebtedness ) Tj ET Q q 0 0 0 rg BT 161.11 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 172.10 562.10 Td (disqualify ) Tj ET Q q 0 0 0 rg BT 215.30 562.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 243.51 562.10 Td (interests ) Tj ET Q q 0 0 0 rg BT 280.05 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 291.04 562.10 Td (be ) Tj ET Q q 0 0 0 rg BT 303.69 562.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 331.90 562.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 373.43 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 388.38 562.10 Td (Y) Tj ET Q q 0 0 0 rg BT 394.60 562.10 Td (atra ) Tj ET Q q 0 0 0 rg BT 412.80 562.10 Td (Online ) Tj ET Q q 0 0 0 rg BT 443.23 562.10 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 492.82 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 510.47 562.10 Td (modified ) Tj ET Q q 0 0 0 rg BT 549.79 562.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 93.05 550.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 146.09 550.10 Td (net ) Tj ET Q q 0 0 0 rg BT 160.81 550.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 180.53 550.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 216.89 550.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 237.71 550.10 Td (allowed.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 122.00 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 158.00 538.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 526.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.69 526.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 140.48 526.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.48 526.10 Td (, ) Tj ET Q q 0 0 0 rg BT 164.66 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 178.57 526.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 226.92 526.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 259.14 526.10 Td (on ) Tj ET Q q 0 0 0 rg BT 270.83 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 284.74 526.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 324.75 526.10 Td (line ) Tj ET Q q 0 0 0 rg BT 341.43 526.10 Td (of ) Tj ET Q q 0 0 0 rg BT 351.45 526.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 375.91 526.10 Td (under ) Tj ET Q q 0 0 0 rg BT 400.36 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.27 526.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 440.58 526.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 486.69 526.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.93 526.10 Td ($438.0 ) Tj ET Q q 0 0 0 rg BT 533.12 526.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.46 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 80.69 514.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 111.03 514.10 Td (carried ) Tj ET Q q 0 0 0 rg BT 140.80 514.10 Td (an ) Tj ET Q q 0 0 0 rg BT 152.25 514.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 183.70 514.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 200.70 514.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.05 514.10 Td (4.13%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.88 514.10 Td (. ) Tj ET Q q 0 0 0 rg BT 241.25 514.10 Td (The ) Tj ET Q q 0 0 0 rg BT 258.81 514.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 299.16 514.10 Td (line ) Tj ET Q q 0 0 0 rg BT 316.17 514.10 Td (of ) Tj ET Q q 0 0 0 rg BT 326.51 514.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 351.29 514.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 383.84 514.10 Td (is ) Tj ET Q q 0 0 0 rg BT 392.53 514.10 Td (included ) Tj ET Q q 0 0 0 rg BT 428.98 514.10 Td (in ) Tj ET Q q 0 0 0 rg BT 438.78 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 453.01 514.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 494.46 514.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 533.69 514.10 Td (section ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.94 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 77.76 502.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 125.80 502.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 182.18 502.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 217.99 502.10 Td (Sheets. ) Tj ET Q q 0 0 0 rg BT 250.21 502.10 Td (During ) Tj ET Q q 0 0 0 rg BT 282.14 502.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.96 502.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.95 502.10 Td ( ) Tj ET Q q 0 0 0 rg BT 321.56 502.10 Td (months ) Tj ET Q q 0 0 0 rg BT 354.61 502.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.09 502.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 426.80 502.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 502.10 Td (, ) Tj ET Q q 0 0 0 rg BT 452.90 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 468.73 502.10 Td (average ) Tj ET Q q 0 0 0 rg BT 503.42 502.10 Td (and ) Tj ET Q q 0 0 0 rg BT 521.46 502.10 Td (maximum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 100.04 490.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 137.84 490.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.54 490.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.13 490.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 206.83 490.10 Td (line ) Tj ET Q q 0 0 0 rg BT 225.20 490.10 Td (of ) Tj ET Q q 0 0 0 rg BT 236.90 490.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 263.04 490.10 Td (component ) Tj ET Q q 0 0 0 rg BT 310.85 490.10 Td (of ) Tj ET Q q 0 0 0 rg BT 322.55 490.10 Td (the ) Tj ET Q q 0 0 0 rg BT 338.14 490.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 364.28 490.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 395.98 490.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.78 490.10 Td ($438.0 ) Tj ET Q q 0 0 0 rg BT 449.65 490.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.54 490.10 Td ( ) Tj ET Q q 0 0 0 rg BT 481.92 490.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.73 490.10 Td ($438.0 ) Tj ET Q q 0 0 0 rg BT 530.61 490.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.50 490.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 478.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 454.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.63 454.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 142.36 454.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.36 454.10 Td (, ) Tj ET Q q 0 0 0 rg BT 167.49 454.10 Td (the ) Tj ET Q q 0 0 0 rg BT 182.33 454.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 231.63 454.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 264.79 454.10 Td (on ) Tj ET Q q 0 0 0 rg BT 277.42 454.10 Td (the ) Tj ET Q q 0 0 0 rg BT 292.26 454.10 Td (term ) Tj ET Q q 0 0 0 rg BT 313.22 454.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 333.07 454.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.25 454.10 Td ($272.4 ) Tj ET Q q 0 0 0 rg BT 381.38 454.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.27 454.10 Td (, ) Tj ET Q q 0 0 0 rg BT 415.40 454.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.36 454.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.42 454.10 Td ($22.6 ) Tj ET Q q 0 0 0 rg BT 478.55 454.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.45 454.10 Td ( ) Tj ET Q q 0 0 0 rg BT 510.07 454.10 Td (is ) Tj ET Q q 0 0 0 rg BT 519.37 454.10 Td (due ) Tj ET Q q 0 0 0 rg BT 536.44 454.10 Td (within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.96 442.10 Td (next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.92 442.10 Td (twelve) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.57 442.10 Td ( ) Tj ET Q q 0 0 0 rg BT 114.31 442.10 Td (months. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.00 442.10 Td ($3.8 ) Tj ET Q q 0 0 0 rg BT 169.24 442.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.13 442.10 Td ( ) Tj ET Q q 0 0 0 rg BT 200.87 442.10 Td (of ) Tj ET Q q 0 0 0 rg BT 211.94 442.10 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 254.67 442.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 307.95 442.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 349.01 442.10 Td (were ) Tj ET Q q 0 0 0 rg BT 371.18 442.10 Td (made ) Tj ET Q q 0 0 0 rg BT 395.58 442.10 Td (during ) Tj ET Q q 0 0 0 rg BT 424.43 442.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.39 442.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.37 442.10 Td ( ) Tj ET Q q 0 0 0 rg BT 462.11 442.10 Td (months ) Tj ET Q q 0 0 0 rg BT 494.30 442.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.92 442.10 Td (March31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 430.10 Td (. ) Tj ET Q q 0 0 0 rg BT 75.08 430.10 Td (This ) Tj ET Q q 0 0 0 rg BT 95.64 430.10 Td (term ) Tj ET Q q 0 0 0 rg BT 116.74 430.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 136.74 430.10 Td (also ) Tj ET Q q 0 0 0 rg BT 155.63 430.10 Td (carried ) Tj ET Q q 0 0 0 rg BT 186.17 430.10 Td (an ) Tj ET Q q 0 0 0 rg BT 198.39 430.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 230.60 430.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 248.37 430.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.48 430.10 Td (4.13%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.31 430.10 Td (. ) Tj ET Q q 0 0 0 rg BT 290.39 430.10 Td (The ) Tj ET Q q 0 0 0 rg BT 308.71 430.10 Td (current ) Tj ET Q q 0 0 0 rg BT 339.81 430.10 Td (and ) Tj ET Q q 0 0 0 rg BT 357.03 430.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 399.24 430.10 Td (portions ) Tj ET Q q 0 0 0 rg BT 434.80 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 445.91 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 460.91 430.10 Td (term ) Tj ET Q q 0 0 0 rg BT 482.02 430.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 502.01 430.10 Td (are ) Tj ET Q q 0 0 0 rg BT 517.00 430.10 Td (included ) Tj ET Q q 0 0 0 rg BT 554.22 430.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.89 418.10 Td (respective ) Tj ET Q q 0 0 0 rg BT 108.10 418.10 Td (current ) Tj ET Q q 0 0 0 rg BT 139.09 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 156.21 418.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 198.32 418.10 Td (sections ) Tj ET Q q 0 0 0 rg BT 233.21 418.10 Td (of ) Tj ET Q q 0 0 0 rg BT 244.21 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 259.11 418.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 306.22 418.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 361.67 418.10 Td (Balance ) Tj ET Q q 0 0 0 rg BT 396.55 418.10 Td (Sheets, ) Tj ET Q q 0 0 0 rg BT 427.83 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 442.72 418.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 479.29 418.10 Td (of ) Tj ET Q q 0 0 0 rg BT 490.29 418.10 Td (which ) Tj ET Q q 0 0 0 rg BT 517.41 418.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.51 418.10 Td ($22.6 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 406.10 Td ( ) Tj ET Q q 0 0 0 rg BT 81.39 406.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.33 406.10 Td ($249.8 ) Tj ET Q q 0 0 0 rg BT 128.33 406.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.22 406.10 Td (, ) Tj ET Q q 0 0 0 rg BT 162.22 406.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 209.88 406.10 Td (, ) Tj ET Q q 0 0 0 rg BT 214.88 406.10 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.60 406.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 268.20 406.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.20 406.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (Contractual ) Tj ET Q q 0 0 0 rg BT 101.96 379.10 Td (Obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.25 379.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 357.10 Td (For ) Tj ET Q q 0 0 0 rg BT 103.44 357.10 Td (a ) Tj ET Q q 0 0 0 rg BT 111.43 357.10 Td (presentation ) Tj ET Q q 0 0 0 rg BT 163.85 357.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 205.71 357.10 Td (material ) Tj ET Q q 0 0 0 rg BT 242.02 357.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 277.78 357.10 Td (outside ) Tj ET Q q 0 0 0 rg BT 310.21 357.10 Td (the ) Tj ET Q q 0 0 0 rg BT 325.98 357.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 363.40 357.10 Td (course ) Tj ET Q q 0 0 0 rg BT 393.05 357.10 Td (of ) Tj ET Q q 0 0 0 rg BT 404.93 357.10 Td (business ) Tj ET Q q 0 0 0 rg BT 442.37 357.10 Td (to ) Tj ET Q q 0 0 0 rg BT 453.70 357.10 Td (the ) Tj ET Q q 0 0 0 rg BT 469.46 357.10 Td (Company's ) Tj ET Q q 0 0 0 rg BT 517.59 357.10 Td (contractual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 96.94 345.10 Td (please ) Tj ET Q q 0 0 0 rg BT 124.43 345.10 Td (refer ) Tj ET Q q 0 0 0 rg BT 145.80 345.10 Td (to ) Tj ET Q q 0 0 0 rg BT 156.07 345.10 Td (Notes ) Tj ET Q q 0 0 0 rg BT 181.90 345.10 Td (4 ) Tj ET Q q 0 0 0 rg BT 189.40 345.10 Td (and ) Tj ET Q q 0 0 0 rg BT 206.34 345.10 Td (5 ) Tj ET Q q 0 0 0 rg BT 213.84 345.10 Td (of ) Tj ET Q q 0 0 0 rg BT 224.67 345.10 Td (the ) Tj ET Q q 0 0 0 rg BT 239.39 345.10 Td (Notes ) Tj ET Q q 0 0 0 rg BT 265.22 345.10 Td (to ) Tj ET Q q 0 0 0 rg BT 275.50 345.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 322.44 345.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 377.71 345.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 417.42 345.10 Td (Statements.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 323.10 Td (Of) Tj ET Q q 0 0 0 rg BT 60.37 323.10 Td (f-Balance ) Tj ET Q q 0 0 0 rg BT 103.42 323.10 Td (Sheet ) Tj ET Q q 0 0 0 rg BT 128.33 323.10 Td (Arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 301.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 301.10 Td (e ) Tj ET Q q 0 0 0 rg BT 101.58 301.10 Td (do ) Tj ET Q q 0 0 0 rg BT 114.08 301.10 Td (not ) Tj ET Q q 0 0 0 rg BT 129.35 301.10 Td (engage ) Tj ET Q q 0 0 0 rg BT 160.17 301.10 Td (in ) Tj ET Q q 0 0 0 rg BT 170.45 301.10 Td (of) Tj ET Q q 0 0 0 rg BT 178.60 301.10 Td (f ) Tj ET Q q 0 0 0 rg BT 184.43 301.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 217.46 301.10 Td (sheet ) Tj ET Q q 0 0 0 rg BT 240.51 301.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 280.77 301.10 Td (arrangements.) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 277.53505859375 m 204.248046875 277.53505859375 l s q 0 0 0 rg BT 50.00 279.10 Td (Recent ) Tj ET Q q 0 0 0 rg BT 81.38 279.10 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 132.77 279.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 143.13 279.10 Td (onouncements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 257.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 257.10 Td (For ) Tj ET Q q 0 0 0 rg BT 104.81 257.10 Td (information ) Tj ET Q q 0 0 0 rg BT 156.93 257.10 Td (about ) Tj ET Q q 0 0 0 rg BT 184.06 257.10 Td (new ) Tj ET Q q 0 0 0 rg BT 205.64 257.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 254.42 257.10 Td (pronouncements ) Tj ET Q q 0 0 0 rg BT 325.43 257.10 Td (and ) Tj ET Q q 0 0 0 rg BT 344.78 257.10 Td (the ) Tj ET Q q 0 0 0 rg BT 361.91 257.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 401.82 257.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 433.94 257.10 Td (on ) Tj ET Q q 0 0 0 rg BT 448.86 257.10 Td (our ) Tj ET Q q 0 0 0 rg BT 467.10 257.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 524.79 257.10 Td (Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 245.10 Td (Statements, ) Tj ET Q q 0 0 0 rg BT 98.90 245.10 Td (see ) Tj ET Q q 0 0 0 rg BT 114.19 245.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 136.15 245.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 143.68 245.10 Td (of ) Tj ET Q q 0 0 0 rg BT 154.53 245.10 Td (the ) Tj ET Q q 0 0 0 rg BT 169.27 245.10 Td (condensed ) Tj ET Q q 0 0 0 rg BT 214.00 245.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 237.63 245.10 Td (to ) Tj ET Q q 0 0 0 rg BT 247.93 245.10 Td (the ) Tj ET Q q 0 0 0 rg BT 262.67 245.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 309.63 245.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 364.92 245.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 404.66 245.10 Td (Statements ) Tj ET Q q 0 0 0 rg BT 451.06 245.10 Td (in ) Tj ET Q q 0 0 0 rg BT 461.36 245.10 Td (this ) Tj ET Q q 0 0 0 rg BT 478.33 245.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 502.52 245.10 Td (10-Q ) Tj ET Q q 0 0 0 rg BT 525.60 245.10 Td (and ) Tj ET Q q 0 0 0 rg BT 542.56 245.10 Td (Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 233.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 57.50 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 68.33 233.10 Td (the ) Tj ET Q q 0 0 0 rg BT 83.05 233.10 Td (Notes ) Tj ET Q q 0 0 0 rg BT 108.88 233.10 Td (to ) Tj ET Q q 0 0 0 rg BT 119.16 233.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 174.43 233.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 214.14 233.10 Td (Statements ) Tj ET Q q 0 0 0 rg BT 260.52 233.10 Td (in ) Tj ET Q q 0 0 0 rg BT 270.80 233.10 Td (our ) Tj ET Q q 0 0 0 rg BT 286.63 233.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 309.13 233.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 333.30 233.10 Td (10-K.) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 209.53505859375002 m 236.6552734375 209.53505859375002 l s q 0 0 0 rg BT 50.00 211.10 Td (Application ) Tj ET Q q 0 0 0 rg BT 102.51 211.10 Td (of ) Tj ET Q q 0 0 0 rg BT 113.34 211.10 Td (Critical ) Tj ET Q q 0 0 0 rg BT 148.05 211.10 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 199.44 211.10 Td (Policies ) Tj ET Q q 0 0 0 rg BT 234.16 211.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 189.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.85 189.10 Td (preparation ) Tj ET Q q 0 0 0 rg BT 153.68 189.10 Td (of ) Tj ET Q q 0 0 0 rg BT 165.31 189.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 203.59 189.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 249.10 189.10 Td (in ) Tj ET Q q 0 0 0 rg BT 260.18 189.10 Td (conformity ) Tj ET Q q 0 0 0 rg BT 307.91 189.10 Td (with ) Tj ET Q q 0 0 0 rg BT 328.99 189.10 Td (GAAP) Tj ET Q q 0 0 0 rg BT 355.11 189.10 Td (, ) Tj ET Q q 0 0 0 rg BT 360.91 189.10 Td (as ) Tj ET Q q 0 0 0 rg BT 372.54 189.10 Td (promulgated ) Tj ET Q q 0 0 0 rg BT 426.38 189.10 Td (in ) Tj ET Q q 0 0 0 rg BT 437.46 189.10 Td (the ) Tj ET Q q 0 0 0 rg BT 452.97 189.10 Td (United ) Tj ET Q q 0 0 0 rg BT 483.49 189.10 Td (States, ) Tj ET Q q 0 0 0 rg BT 513.18 189.10 Td (requires ) Tj ET Q q 0 0 0 rg BT 548.68 189.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.10 Td (management ) Tj ET Q q 0 0 0 rg BT 103.17 177.10 Td (to ) Tj ET Q q 0 0 0 rg BT 113.03 177.10 Td (make ) Tj ET Q q 0 0 0 rg BT 136.77 177.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 181.06 177.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 220.36 177.10 Td (and ) Tj ET Q q 0 0 0 rg BT 236.88 177.10 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 288.41 177.10 Td (that ) Tj ET Q q 0 0 0 rg BT 305.49 177.10 Td (af) Tj ET Q q 0 0 0 rg BT 313.08 177.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 330.14 177.10 Td (the ) Tj ET Q q 0 0 0 rg BT 344.44 177.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 379.84 177.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 415.81 177.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.22 177.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 451.64 177.10 Td (and ) Tj ET Q q 0 0 0 rg BT 468.16 177.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 509.96 177.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 547.58 177.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 88.77 165.10 Td (and ) Tj ET Q q 0 0 0 rg BT 105.88 165.10 Td (related ) Tj ET Q q 0 0 0 rg BT 135.76 165.10 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 182.87 165.10 Td (in ) Tj ET Q q 0 0 0 rg BT 193.32 165.10 Td (our ) Tj ET Q q 0 0 0 rg BT 209.32 165.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 256.43 165.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 311.88 165.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 351.76 165.10 Td (Statements ) Tj ET Q q 0 0 0 rg BT 398.32 165.10 Td (and ) Tj ET Q q 0 0 0 rg BT 415.43 165.10 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 476.41 165.10 Td (notes. ) Tj ET Q q 0 0 0 rg BT 502.50 165.10 Td (W) Tj ET Q q 0 0 0 rg BT 511.13 165.10 Td (e ) Tj ET Q q 0 0 0 rg BT 518.25 165.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 549.79 165.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.10 Td (most ) Tj ET Q q 0 0 0 rg BT 71.77 153.10 Td (complex ) Tj ET Q q 0 0 0 rg BT 108.54 153.10 Td (and ) Tj ET Q q 0 0 0 rg BT 125.30 153.10 Td (sensitive ) Tj ET Q q 0 0 0 rg BT 162.62 153.10 Td (judgments, ) Tj ET Q q 0 0 0 rg BT 209.11 153.10 Td (because ) Tj ET Q q 0 0 0 rg BT 243.09 153.10 Td (of ) Tj ET Q q 0 0 0 rg BT 253.74 153.10 Td (their ) Tj ET Q q 0 0 0 rg BT 274.39 153.10 Td (significance ) Tj ET Q q 0 0 0 rg BT 325.03 153.10 Td (to ) Tj ET Q q 0 0 0 rg BT 335.14 153.10 Td (the ) Tj ET Q q 0 0 0 rg BT 349.68 153.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 396.45 153.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 451.55 153.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 491.08 153.10 Td (Statements, ) Tj ET Q q 0 0 0 rg BT 539.79 153.10 Td (result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 88.96 141.10 Td (from ) Tj ET Q q 0 0 0 rg BT 110.16 141.10 Td (the ) Tj ET Q q 0 0 0 rg BT 124.13 141.10 Td (need ) Tj ET Q q 0 0 0 rg BT 144.76 141.10 Td (to ) Tj ET Q q 0 0 0 rg BT 154.29 141.10 Td (make ) Tj ET Q q 0 0 0 rg BT 177.70 141.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 216.66 141.10 Td (and ) Tj ET Q q 0 0 0 rg BT 232.85 141.10 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 284.05 141.10 Td (about ) Tj ET Q q 0 0 0 rg BT 308.02 141.10 Td (the ) Tj ET Q q 0 0 0 rg BT 321.99 141.10 Td (ef) Tj ET Q q 0 0 0 rg BT 329.58 141.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 350.21 141.10 Td (of ) Tj ET Q q 0 0 0 rg BT 360.29 141.10 Td (matters ) Tj ET Q q 0 0 0 rg BT 391.48 141.10 Td (that ) Tj ET Q q 0 0 0 rg BT 408.23 141.10 Td (are ) Tj ET Q q 0 0 0 rg BT 422.19 141.10 Td (inherently ) Tj ET Q q 0 0 0 rg BT 464.48 141.10 Td (uncertain. ) Tj ET Q q 0 0 0 rg BT 505.81 141.10 Td (The ) Tj ET Q q 0 0 0 rg BT 523.11 141.10 Td (following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 96.72 129.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 130.67 129.10 Td (involve ) Tj ET Q q 0 0 0 rg BT 163.51 129.10 Td (the ) Tj ET Q q 0 0 0 rg BT 178.57 129.10 Td (use ) Tj ET Q q 0 0 0 rg BT 194.75 129.10 Td (of ) Tj ET Q q 0 0 0 rg BT 205.92 129.10 Td (critical ) Tj ET Q q 0 0 0 rg BT 240.96 129.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 287.68 129.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 332.18 129.10 Td (because ) Tj ET Q q 0 0 0 rg BT 366.67 129.10 Td (they ) Tj ET Q q 0 0 0 rg BT 386.73 129.10 Td (are ) Tj ET Q q 0 0 0 rg BT 401.79 129.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 450.72 129.10 Td (dependent ) Tj ET Q q 0 0 0 rg BT 494.66 129.10 Td (on ) Tj ET Q q 0 0 0 rg BT 507.50 129.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 547.56 129.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.10 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 102.41 117.10 Td (made ) Tj ET Q q 0 0 0 rg BT 127.02 117.10 Td (by ) Tj ET Q q 0 0 0 rg BT 139.98 117.10 Td (management ) Tj ET Q q 0 0 0 rg BT 194.03 117.10 Td (about ) Tj ET Q q 0 0 0 rg BT 219.21 117.10 Td (matters ) Tj ET Q q 0 0 0 rg BT 251.61 117.10 Td (that ) Tj ET Q q 0 0 0 rg BT 269.56 117.10 Td (are ) Tj ET Q q 0 0 0 rg BT 284.73 117.10 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 324.89 117.10 Td (at ) Tj ET Q q 0 0 0 rg BT 335.07 117.10 Td (the ) Tj ET Q q 0 0 0 rg BT 350.25 117.10 Td (time ) Tj ET Q q 0 0 0 rg BT 370.98 117.10 Td (the ) Tj ET Q q 0 0 0 rg BT 386.16 117.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 432.99 117.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 473.16 117.10 Td (are ) Tj ET Q q 0 0 0 rg BT 488.33 117.10 Td (made. ) Tj ET Q q 0 0 0 rg BT 515.44 117.10 Td (In ) Tj ET Q q 0 0 0 rg BT 526.74 117.10 Td (addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.10 Td (while ) Tj ET Q q 0 0 0 rg BT 74.43 105.10 Td (we ) Tj ET Q q 0 0 0 rg BT 88.31 105.10 Td (have ) Tj ET Q q 0 0 0 rg BT 109.40 105.10 Td (used ) Tj ET Q q 0 0 0 rg BT 129.95 105.10 Td (our ) Tj ET Q q 0 0 0 rg BT 145.49 105.10 Td (best ) Tj ET Q q 0 0 0 rg BT 163.82 105.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 203.25 105.10 Td (based ) Tj ET Q q 0 0 0 rg BT 228.23 105.10 Td (on ) Tj ET Q q 0 0 0 rg BT 240.45 105.10 Td (facts ) Tj ET Q q 0 0 0 rg BT 261.54 105.10 Td (and ) Tj ET Q q 0 0 0 rg BT 278.19 105.10 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 337.05 105.10 Td (available ) Tj ET Q q 0 0 0 rg BT 375.35 105.10 Td (to ) Tj ET Q q 0 0 0 rg BT 385.35 105.10 Td (us ) Tj ET Q q 0 0 0 rg BT 396.46 105.10 Td (at ) Tj ET Q q 0 0 0 rg BT 405.89 105.10 Td (the ) Tj ET Q q 0 0 0 rg BT 420.32 105.10 Td (time, ) Tj ET Q q 0 0 0 rg BT 442.81 105.10 Td (dif) Tj ET Q q 0 0 0 rg BT 453.74 105.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 479.27 105.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 518.70 105.10 Td (reasonably ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.10 Td (could ) Tj ET Q q 0 0 0 rg BT 74.90 93.10 Td (have ) Tj ET Q q 0 0 0 rg BT 96.46 93.10 Td (been ) Tj ET Q q 0 0 0 rg BT 118.02 93.10 Td (used ) Tj ET Q q 0 0 0 rg BT 139.03 93.10 Td (in ) Tj ET Q q 0 0 0 rg BT 149.49 93.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.39 93.10 Td (current ) Tj ET Q q 0 0 0 rg BT 195.39 93.10 Td (period, ) Tj ET Q q 0 0 0 rg BT 226.12 93.10 Td (and ) Tj ET Q q 0 0 0 rg BT 243.24 93.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 278.13 93.10 Td (in ) Tj ET Q q 0 0 0 rg BT 288.60 93.10 Td (the ) Tj ET Q q 0 0 0 rg BT 303.50 93.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 350.05 93.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 389.95 93.10 Td (that ) Tj ET Q q 0 0 0 rg BT 407.62 93.10 Td (we ) Tj ET Q q 0 0 0 rg BT 421.97 93.10 Td (used ) Tj ET Q q 0 0 0 rg BT 442.98 93.10 Td (are ) Tj ET Q q 0 0 0 rg BT 457.87 93.10 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 503.87 93.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 529.33 93.10 Td (to ) Tj ET Q q 0 0 0 rg BT 539.79 93.10 Td (occur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.10 Td (from ) Tj ET Q q 0 0 0 rg BT 71.33 81.10 Td (period ) Tj ET Q q 0 0 0 rg BT 98.76 81.10 Td (to ) Tj ET Q q 0 0 0 rg BT 108.43 81.10 Td (period ) Tj ET Q q 0 0 0 rg BT 135.87 81.10 Td (both ) Tj ET Q q 0 0 0 rg BT 155.53 81.10 Td (of ) Tj ET Q q 0 0 0 rg BT 165.75 81.10 Td (which ) Tj ET Q q 0 0 0 rg BT 192.08 81.10 Td (may ) Tj ET Q q 0 0 0 rg BT 211.18 81.10 Td (have ) Tj ET Q q 0 0 0 rg BT 231.95 81.10 Td (a ) Tj ET Q q 0 0 0 rg BT 238.28 81.10 Td (material ) Tj ET Q q 0 0 0 rg BT 272.92 81.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 302.02 81.10 Td (on ) Tj ET Q q 0 0 0 rg BT 313.91 81.10 Td (our ) Tj ET Q q 0 0 0 rg BT 329.13 81.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 366.00 81.10 Td (condition ) Tj ET Q q 0 0 0 rg BT 405.66 81.10 Td (and ) Tj ET Q q 0 0 0 rg BT 421.99 81.10 Td (results ) Tj ET Q q 0 0 0 rg BT 449.99 81.10 Td (of ) Tj ET Q q 0 0 0 rg BT 460.21 81.10 Td (operations. ) Tj ET Q q 0 0 0 rg BT 506.25 81.10 Td (For ) Tj ET Q q 0 0 0 rg BT 522.03 81.10 Td (additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.10 Td (information ) Tj ET Q q 0 0 0 rg BT 99.57 69.10 Td (about ) Tj ET Q q 0 0 0 rg BT 124.14 69.10 Td (these ) Tj ET Q q 0 0 0 rg BT 147.04 69.10 Td (policies, ) Tj ET Q q 0 0 0 rg BT 183.00 69.10 Td (see ) Tj ET Q q 0 0 0 rg BT 198.12 69.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 219.92 69.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 227.27 69.10 Td (of ) Tj ET Q q 0 0 0 rg BT 237.96 69.10 Td (the ) Tj ET Q q 0 0 0 rg BT 252.53 69.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 299.32 69.10 Td (Notes ) Tj ET Q q 0 0 0 rg BT 325.01 69.10 Td (to ) Tj ET Q q 0 0 0 rg BT 335.14 69.10 Td (the ) Tj ET Q q 0 0 0 rg BT 349.71 69.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 396.50 69.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 451.63 69.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 491.20 69.10 Td (Statements ) Tj ET Q q 0 0 0 rg BT 537.44 69.10 Td (in ) Tj ET Q q 0 0 0 rg BT 547.57 69.10 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 75.09 57.10 Td (10-Q. ) Tj ET Q q 0 0 0 rg BT 100.81 57.10 Td (Although ) Tj ET Q q 0 0 0 rg BT 142.01 57.10 Td (we ) Tj ET Q q 0 0 0 rg BT 157.09 57.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 189.38 57.10 Td (that ) Tj ET Q q 0 0 0 rg BT 207.79 57.10 Td (our ) Tj ET Q q 0 0 0 rg BT 224.55 57.10 Td (estimates, ) Tj ET Q q 0 0 0 rg BT 267.68 57.10 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 320.55 57.10 Td (and ) Tj ET Q q 0 0 0 rg BT 338.41 57.10 Td (judgments ) Tj ET Q q 0 0 0 rg BT 383.49 57.10 Td (are ) Tj ET Q q 0 0 0 rg BT 399.12 57.10 Td (reasonable, ) Tj ET Q q 0 0 0 rg BT 447.79 57.10 Td (they ) Tj ET Q q 0 0 0 rg BT 468.43 57.10 Td (are ) Tj ET Q q 0 0 0 rg BT 484.06 57.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 515.81 57.10 Td (based ) Tj ET Q q 0 0 0 rg BT 542.00 57.10 Td (upon ) Tj ET Q endstream endobj 85 0 obj <>] /Rotate 0 /Contents 86 0 R>> endobj 86 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (information ) Tj ET Q q 0 0 0 rg BT 98.64 742.10 Td (presently ) Tj ET Q q 0 0 0 rg BT 136.73 742.10 Td (available. ) Tj ET Q q 0 0 0 rg BT 176.44 742.10 Td (Actual ) Tj ET Q q 0 0 0 rg BT 204.52 742.10 Td (results ) Tj ET Q q 0 0 0 rg BT 232.06 742.10 Td (may ) Tj ET Q q 0 0 0 rg BT 250.71 742.10 Td (dif) Tj ET Q q 0 0 0 rg BT 261.64 742.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 274.17 742.10 Td (significantly ) Tj ET Q q 0 0 0 rg BT 325.59 742.10 Td (from ) Tj ET Q q 0 0 0 rg BT 346.46 742.10 Td (these ) Tj ET Q q 0 0 0 rg BT 368.44 742.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 407.09 742.10 Td (under ) Tj ET Q q 0 0 0 rg BT 431.29 742.10 Td (dif) Tj ET Q q 0 0 0 rg BT 442.22 742.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 466.96 742.10 Td (assumptions, ) Tj ET Q q 0 0 0 rg BT 520.34 742.10 Td (judgments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (or ) Tj ET Q q 0 0 0 rg BT 60.83 730.10 Td (conditions.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 706.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.90 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 133.10 706.90 Td (has ) Tj ET Q q 0 0 0 rg BT 148.54 706.90 Td (created ) Tj ET Q q 0 0 0 rg BT 179.51 706.90 Td (and ) Tj ET Q q 0 0 0 rg BT 196.05 706.90 Td (may ) Tj ET Q q 0 0 0 rg BT 215.37 706.90 Td (continue ) Tj ET Q q 0 0 0 rg BT 251.91 706.90 Td (to ) Tj ET Q q 0 0 0 rg BT 261.80 706.90 Td (create ) Tj ET Q q 0 0 0 rg BT 287.76 706.90 Td (significant ) Tj ET Q q 0 0 0 rg BT 332.08 706.90 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 379.17 706.90 Td (in ) Tj ET Q q 0 0 0 rg BT 389.05 706.90 Td (global ) Tj ET Q q 0 0 0 rg BT 416.15 706.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 453.24 706.90 Td (markets, ) Tj ET Q q 0 0 0 rg BT 489.50 706.90 Td (which ) Tj ET Q q 0 0 0 rg BT 516.05 706.90 Td (may ) Tj ET Q q 0 0 0 rg BT 535.37 706.90 Td (reduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.90 Td (demand ) Tj ET Q q 0 0 0 rg BT 83.75 694.90 Td (for ) Tj ET Q q 0 0 0 rg BT 97.50 694.90 Td (our ) Tj ET Q q 0 0 0 rg BT 112.93 694.90 Td (services, ) Tj ET Q q 0 0 0 rg BT 149.73 694.90 Td (impact ) Tj ET Q q 0 0 0 rg BT 179.04 694.90 Td (the ) Tj ET Q q 0 0 0 rg BT 193.35 694.90 Td (productivity ) Tj ET Q q 0 0 0 rg BT 244.33 694.90 Td (of ) Tj ET Q q 0 0 0 rg BT 254.75 694.90 Td (our ) Tj ET Q q 0 0 0 rg BT 270.18 694.90 Td (workforce, ) Tj ET Q q 0 0 0 rg BT 315.86 694.90 Td (reduce ) Tj ET Q q 0 0 0 rg BT 344.60 694.90 Td (our ) Tj ET Q q 0 0 0 rg BT 360.02 694.90 Td (access ) Tj ET Q q 0 0 0 rg BT 387.66 694.90 Td (to ) Tj ET Q q 0 0 0 rg BT 397.53 694.90 Td (capital, ) Tj ET Q q 0 0 0 rg BT 428.77 694.90 Td (and ) Tj ET Q q 0 0 0 rg BT 445.31 694.90 Td (harm ) Tj ET Q q 0 0 0 rg BT 467.95 694.90 Td (our ) Tj ET Q q 0 0 0 rg BT 483.37 694.90 Td (business ) Tj ET Q q 0 0 0 rg BT 519.36 694.90 Td (and ) Tj ET Q q 0 0 0 rg BT 535.89 694.90 Td (results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.90 Td (of ) Tj ET Q q 0 0 0 rg BT 61.58 682.90 Td (operations. ) Tj ET Q q 0 0 0 rg BT 108.28 682.90 Td (As ) Tj ET Q q 0 0 0 rg BT 122.64 682.90 Td (of ) Tj ET Q q 0 0 0 rg BT 134.23 682.90 Td (the ) Tj ET Q q 0 0 0 rg BT 149.70 682.90 Td (date ) Tj ET Q q 0 0 0 rg BT 169.61 682.90 Td (of ) Tj ET Q q 0 0 0 rg BT 181.19 682.90 Td (our ) Tj ET Q q 0 0 0 rg BT 197.78 682.90 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 245.47 682.90 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 301.50 682.90 Td (Financial ) Tj ET Q q 0 0 0 rg BT 341.96 682.90 Td (Statements, ) Tj ET Q q 0 0 0 rg BT 391.60 682.90 Td (we ) Tj ET Q q 0 0 0 rg BT 406.52 682.90 Td (are ) Tj ET Q q 0 0 0 rg BT 421.98 682.90 Td (not ) Tj ET Q q 0 0 0 rg BT 438.01 682.90 Td (aware ) Tj ET Q q 0 0 0 rg BT 465.13 682.90 Td (of ) Tj ET Q q 0 0 0 rg BT 476.72 682.90 Td (any ) Tj ET Q q 0 0 0 rg BT 494.41 682.90 Td (specific ) Tj ET Q q 0 0 0 rg BT 528.76 682.90 Td (event ) Tj ET Q q 0 0 0 rg BT 553.67 682.90 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.90 Td (circumstance ) Tj ET Q q 0 0 0 rg BT 104.86 670.90 Td (that ) Tj ET Q q 0 0 0 rg BT 121.97 670.90 Td (would ) Tj ET Q q 0 0 0 rg BT 149.08 670.90 Td (require ) Tj ET Q q 0 0 0 rg BT 179.51 670.90 Td (us ) Tj ET Q q 0 0 0 rg BT 190.52 670.90 Td (to ) Tj ET Q q 0 0 0 rg BT 200.41 670.90 Td (update ) Tj ET Q q 0 0 0 rg BT 229.18 670.90 Td (our ) Tj ET Q q 0 0 0 rg BT 244.62 670.90 Td (estimates ) Tj ET Q q 0 0 0 rg BT 283.95 670.90 Td (or ) Tj ET Q q 0 0 0 rg BT 294.39 670.90 Td (judgments, ) Tj ET Q q 0 0 0 rg BT 340.67 670.90 Td (or ) Tj ET Q q 0 0 0 rg BT 351.11 670.90 Td (to ) Tj ET Q q 0 0 0 rg BT 361.00 670.90 Td (revise ) Tj ET Q q 0 0 0 rg BT 386.99 670.90 Td (the ) Tj ET Q q 0 0 0 rg BT 401.32 670.90 Td (carrying ) Tj ET Q q 0 0 0 rg BT 436.75 670.90 Td (value ) Tj ET Q q 0 0 0 rg BT 460.52 670.90 Td (of ) Tj ET Q q 0 0 0 rg BT 470.96 670.90 Td (our ) Tj ET Q q 0 0 0 rg BT 486.41 670.90 Td (assets ) Tj ET Q q 0 0 0 rg BT 511.85 670.90 Td (or ) Tj ET Q q 0 0 0 rg BT 522.29 670.90 Td (liabilities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.90 Td (However) Tj ET Q q 0 0 0 rg BT 86.25 658.90 Td (, ) Tj ET Q q 0 0 0 rg BT 91.42 658.90 Td (these ) Tj ET Q q 0 0 0 rg BT 114.64 658.90 Td (estimates ) Tj ET Q q 0 0 0 rg BT 154.53 658.90 Td (may ) Tj ET Q q 0 0 0 rg BT 174.42 658.90 Td (change ) Tj ET Q q 0 0 0 rg BT 205.41 658.90 Td (as ) Tj ET Q q 0 0 0 rg BT 216.41 658.90 Td (new ) Tj ET Q q 0 0 0 rg BT 235.74 658.90 Td (events ) Tj ET Q q 0 0 0 rg BT 263.96 658.90 Td (occur ) Tj ET Q q 0 0 0 rg BT 288.85 658.90 Td (and ) Tj ET Q q 0 0 0 rg BT 305.96 658.90 Td (additional ) Tj ET Q q 0 0 0 rg BT 348.62 658.90 Td (information ) Tj ET Q q 0 0 0 rg BT 398.51 658.90 Td (is ) Tj ET Q q 0 0 0 rg BT 407.85 658.90 Td (obtained, ) Tj ET Q q 0 0 0 rg BT 447.46 658.90 Td (which ) Tj ET Q q 0 0 0 rg BT 474.57 658.90 Td (may ) Tj ET Q q 0 0 0 rg BT 494.46 658.90 Td (result ) Tj ET Q q 0 0 0 rg BT 519.35 658.90 Td (in ) Tj ET Q q 0 0 0 rg BT 529.80 658.90 Td (changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.90 Td (being ) Tj ET Q q 0 0 0 rg BT 74.50 646.90 Td (recognized ) Tj ET Q q 0 0 0 rg BT 120.65 646.90 Td (in ) Tj ET Q q 0 0 0 rg BT 130.71 646.90 Td (our ) Tj ET Q q 0 0 0 rg BT 146.33 646.90 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 199.16 646.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 236.42 646.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 280.92 646.90 Td (in ) Tj ET Q q 0 0 0 rg BT 290.98 646.90 Td (future ) Tj ET Q q 0 0 0 rg BT 317.14 646.90 Td (periods. ) Tj ET Q q 0 0 0 rg BT 351.20 646.90 Td (While ) Tj ET Q q 0 0 0 rg BT 377.92 646.90 Td (we ) Tj ET Q q 0 0 0 rg BT 391.87 646.90 Td (considered ) Tj ET Q q 0 0 0 rg BT 437.47 646.90 Td (the ) Tj ET Q q 0 0 0 rg BT 451.97 646.90 Td (ef) Tj ET Q q 0 0 0 rg BT 459.56 646.90 Td (fects ) Tj ET Q q 0 0 0 rg BT 480.72 646.90 Td (of ) Tj ET Q q 0 0 0 rg BT 491.33 646.90 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 538.61 646.90 Td (in ) Tj ET Q q 0 0 0 rg BT 548.68 646.90 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.90 Td (estimates ) Tj ET Q q 0 0 0 rg BT 90.00 634.90 Td (and ) Tj ET Q q 0 0 0 rg BT 107.23 634.90 Td (assumptions, ) Tj ET Q q 0 0 0 rg BT 161.97 634.90 Td (due ) Tj ET Q q 0 0 0 rg BT 179.20 634.90 Td (to ) Tj ET Q q 0 0 0 rg BT 189.76 634.90 Td (the ) Tj ET Q q 0 0 0 rg BT 204.77 634.90 Td (current ) Tj ET Q q 0 0 0 rg BT 235.87 634.90 Td (level ) Tj ET Q q 0 0 0 rg BT 258.10 634.90 Td (of ) Tj ET Q q 0 0 0 rg BT 269.22 634.90 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 316.99 634.90 Td (over ) Tj ET Q q 0 0 0 rg BT 337.55 634.90 Td (the ) Tj ET Q q 0 0 0 rg BT 352.55 634.90 Td (economic ) Tj ET Q q 0 0 0 rg BT 394.21 634.90 Td (and ) Tj ET Q q 0 0 0 rg BT 411.44 634.90 Td (operational ) Tj ET Q q 0 0 0 rg BT 459.21 634.90 Td (impacts ) Tj ET Q q 0 0 0 rg BT 493.10 634.90 Td (of ) Tj ET Q q 0 0 0 rg BT 504.22 634.90 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 552.01 634.90 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.90 Td (our ) Tj ET Q q 0 0 0 rg BT 65.38 622.90 Td (business, ) Tj ET Q q 0 0 0 rg BT 103.83 622.90 Td (there ) Tj ET Q q 0 0 0 rg BT 125.86 622.90 Td (may ) Tj ET Q q 0 0 0 rg BT 145.13 622.90 Td (be ) Tj ET Q q 0 0 0 rg BT 156.62 622.90 Td (other ) Tj ET Q q 0 0 0 rg BT 179.22 622.90 Td (judgments ) Tj ET Q q 0 0 0 rg BT 222.94 622.90 Td (and ) Tj ET Q q 0 0 0 rg BT 239.43 622.90 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 290.93 622.90 Td (that ) Tj ET Q q 0 0 0 rg BT 307.98 622.90 Td (were ) Tj ET Q q 0 0 0 rg BT 329.46 622.90 Td (not ) Tj ET Q q 0 0 0 rg BT 344.29 622.90 Td (currently ) Tj ET Q q 0 0 0 rg BT 382.44 622.90 Td (considered. ) Tj ET Q q 0 0 0 rg BT 430.30 622.90 Td (Such ) Tj ET Q q 0 0 0 rg BT 452.36 622.90 Td (judgments ) Tj ET Q q 0 0 0 rg BT 496.07 622.90 Td (and ) Tj ET Q q 0 0 0 rg BT 512.56 622.90 Td (assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.90 Td (could ) Tj ET Q q 0 0 0 rg BT 74.66 610.90 Td (result ) Tj ET Q q 0 0 0 rg BT 99.33 610.90 Td (in ) Tj ET Q q 0 0 0 rg BT 109.55 610.90 Td (a ) Tj ET Q q 0 0 0 rg BT 116.44 610.90 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 164.42 610.90 Td (impact ) Tj ET Q q 0 0 0 rg BT 194.08 610.90 Td (to ) Tj ET Q q 0 0 0 rg BT 204.31 610.90 Td (our ) Tj ET Q q 0 0 0 rg BT 220.08 610.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 257.51 610.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 302.17 610.90 Td (in ) Tj ET Q q 0 0 0 rg BT 312.39 610.90 Td (future ) Tj ET Q q 0 0 0 rg BT 338.72 610.90 Td (periods. ) Tj ET Q q 0 0 0 rg BT 372.56 610.90 Td (Actual ) Tj ET Q q 0 0 0 rg BT 401.66 610.90 Td (results ) Tj ET Q q 0 0 0 rg BT 430.22 610.90 Td (could ) Tj ET Q q 0 0 0 rg BT 454.88 610.90 Td (dif) Tj ET Q q 0 0 0 rg BT 465.81 610.90 Td (fer ) Tj ET Q q 0 0 0 rg BT 479.35 610.90 Td (from ) Tj ET Q q 0 0 0 rg BT 501.24 610.90 Td (those ) Tj ET Q q 0 0 0 rg BT 524.79 610.90 Td (estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.90 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 598.90 Td (any ) Tj ET Q q 0 0 0 rg BT 83.88 598.90 Td (such ) Tj ET Q q 0 0 0 rg BT 104.71 598.90 Td (dif) Tj ET Q q 0 0 0 rg BT 115.63 598.90 Td (ferences ) Tj ET Q q 0 0 0 rg BT 151.44 598.90 Td (may ) Tj ET Q q 0 0 0 rg BT 171.16 598.90 Td (have ) Tj ET Q q 0 0 0 rg BT 192.53 598.90 Td (a ) Tj ET Q q 0 0 0 rg BT 199.47 598.90 Td (material ) Tj ET Q q 0 0 0 rg BT 234.73 598.90 Td (impact ) Tj ET Q q 0 0 0 rg BT 264.44 598.90 Td (on ) Tj ET Q q 0 0 0 rg BT 276.94 598.90 Td (our ) Tj ET Q q 0 0 0 rg BT 292.77 598.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 330.25 598.90 Td (statements.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 576.90 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 88.05 576.90 Td (Recognition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 554.90 Td (The ) Tj ET Q q 0 0 0 rg BT 105.12 554.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 147.58 554.90 Td (derives ) Tj ET Q q 0 0 0 rg BT 180.03 554.90 Td (its ) Tj ET Q q 0 0 0 rg BT 193.06 554.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 232.17 554.90 Td (primarily ) Tj ET Q q 0 0 0 rg BT 272.95 554.90 Td (from ) Tj ET Q q 0 0 0 rg BT 295.97 554.90 Td (software ) Tj ET Q q 0 0 0 rg BT 333.97 554.90 Td (subscription ) Tj ET Q q 0 0 0 rg BT 386.43 554.90 Td (and ) Tj ET Q q 0 0 0 rg BT 404.44 554.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 451.89 554.90 Td (fees, ) Tj ET Q q 0 0 0 rg BT 474.06 554.90 Td (software ) Tj ET Q q 0 0 0 rg BT 512.06 554.90 Td (license ) Tj ET Q q 0 0 0 rg BT 543.40 554.90 Td (fees, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 88.55 542.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 136.00 542.90 Td (fees, ) Tj ET Q q 0 0 0 rg BT 158.17 542.90 Td (risk ) Tj ET Q q 0 0 0 rg BT 176.74 542.90 Td (compliance ) Tj ET Q q 0 0 0 rg BT 226.40 542.90 Td (solution ) Tj ET Q q 0 0 0 rg BT 262.20 542.90 Td (services ) Tj ET Q q 0 0 0 rg BT 297.98 542.90 Td (fees, ) Tj ET Q q 0 0 0 rg BT 320.15 542.90 Td (and ) Tj ET Q q 0 0 0 rg BT 338.16 542.90 Td (professional ) Tj ET Q q 0 0 0 rg BT 390.61 542.90 Td (service ) Tj ET Q q 0 0 0 rg BT 422.49 542.90 Td (fees, ) Tj ET Q q 0 0 0 rg BT 444.66 542.90 Td (including ) Tj ET Q q 0 0 0 rg BT 486.01 542.90 Td (associated ) Tj ET Q q 0 0 0 rg BT 530.67 542.90 Td (fees ) Tj ET Q q 0 0 0 rg BT 550.34 542.90 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.90 Td (consulting, ) Tj ET Q q 0 0 0 rg BT 97.49 530.90 Td (implementation, ) Tj ET Q q 0 0 0 rg BT 166.08 530.90 Td (training, ) Tj ET Q q 0 0 0 rg BT 203.01 530.90 Td (and ) Tj ET Q q 0 0 0 rg BT 220.77 530.90 Td (project ) Tj ET Q q 0 0 0 rg BT 251.86 530.90 Td (management ) Tj ET Q q 0 0 0 rg BT 306.27 530.90 Td (provided ) Tj ET Q q 0 0 0 rg BT 345.15 530.90 Td (to ) Tj ET Q q 0 0 0 rg BT 356.25 530.90 Td (customers ) Tj ET Q q 0 0 0 rg BT 400.12 530.90 Td (with ) Tj ET Q q 0 0 0 rg BT 421.23 530.90 Td (installed ) Tj ET Q q 0 0 0 rg BT 458.43 530.90 Td (systems ) Tj ET Q q 0 0 0 rg BT 493.43 530.90 Td (and ) Tj ET Q q 0 0 0 rg BT 511.19 530.90 Td (applications. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.90 Td (Sales ) Tj ET Q q 0 0 0 rg BT 73.21 518.90 Td (and ) Tj ET Q q 0 0 0 rg BT 89.75 518.90 Td (value-added ) Tj ET Q q 0 0 0 rg BT 140.72 518.90 Td (taxes ) Tj ET Q q 0 0 0 rg BT 163.36 518.90 Td (are ) Tj ET Q q 0 0 0 rg BT 177.67 518.90 Td (not ) Tj ET Q q 0 0 0 rg BT 192.55 518.90 Td (included ) Tj ET Q q 0 0 0 rg BT 229.09 518.90 Td (in ) Tj ET Q q 0 0 0 rg BT 238.97 518.90 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 279.11 518.90 Td (but ) Tj ET Q q 0 0 0 rg BT 293.99 518.90 Td (rather ) Tj ET Q q 0 0 0 rg BT 319.41 518.90 Td (are ) Tj ET Q q 0 0 0 rg BT 333.72 518.90 Td (recorded ) Tj ET Q q 0 0 0 rg BT 370.79 518.90 Td (as ) Tj ET Q q 0 0 0 rg BT 381.23 518.90 Td (a ) Tj ET Q q 0 0 0 rg BT 387.77 518.90 Td (liability ) Tj ET Q q 0 0 0 rg BT 420.98 518.90 Td (until ) Tj ET Q q 0 0 0 rg BT 441.41 518.90 Td (the ) Tj ET Q q 0 0 0 rg BT 455.73 518.90 Td (taxes ) Tj ET Q q 0 0 0 rg BT 478.38 518.90 Td (assessed ) Tj ET Q q 0 0 0 rg BT 514.37 518.90 Td (are ) Tj ET Q q 0 0 0 rg BT 528.67 518.90 Td (remitted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.90 Td (to ) Tj ET Q q 0 0 0 rg BT 60.28 506.90 Td (the ) Tj ET Q q 0 0 0 rg BT 75.00 506.90 Td (respective ) Tj ET Q q 0 0 0 rg BT 118.03 506.90 Td (taxing ) Tj ET Q q 0 0 0 rg BT 145.52 506.90 Td (authorities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 488.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 488.90 Td (The ) Tj ET Q q 0 0 0 rg BT 104.05 488.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.43 488.90 Td (determines ) Tj ET Q q 0 0 0 rg BT 191.81 488.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 225.95 488.90 Td (recognition ) Tj ET Q q 0 0 0 rg BT 273.99 488.90 Td (by ) Tj ET Q q 0 0 0 rg BT 286.49 488.90 Td (applying ) Tj ET Q q 0 0 0 rg BT 323.99 488.90 Td (the ) Tj ET Q q 0 0 0 rg BT 338.71 488.90 Td (following ) Tj ET Q q 0 0 0 rg BT 380.09 488.90 Td (steps:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 470.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 470.90 Td (identification ) Tj ET Q q 0 0 0 rg BT 195.82 470.90 Td (of ) Tj ET Q q 0 0 0 rg BT 206.65 470.90 Td (the ) Tj ET Q q 0 0 0 rg BT 221.36 470.90 Td (contract, ) Tj ET Q q 0 0 0 rg BT 258.56 470.90 Td (or ) Tj ET Q q 0 0 0 rg BT 269.39 470.90 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 310.49 470.90 Td (with ) Tj ET Q q 0 0 0 rg BT 330.77 470.90 Td (a ) Tj ET Q q 0 0 0 rg BT 337.71 470.90 Td (customer; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 458.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 458.90 Td (identification ) Tj ET Q q 0 0 0 rg BT 195.82 458.90 Td (of ) Tj ET Q q 0 0 0 rg BT 206.65 458.90 Td (the ) Tj ET Q q 0 0 0 rg BT 221.36 458.90 Td (performance ) Tj ET Q q 0 0 0 rg BT 274.38 458.90 Td (obligations ) Tj ET Q q 0 0 0 rg BT 321.33 458.90 Td (in ) Tj ET Q q 0 0 0 rg BT 331.61 458.90 Td (the ) Tj ET Q q 0 0 0 rg BT 346.32 458.90 Td (contract;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 446.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 446.90 Td (determination ) Tj ET Q q 0 0 0 rg BT 198.04 446.90 Td (of ) Tj ET Q q 0 0 0 rg BT 208.87 446.90 Td (the ) Tj ET Q q 0 0 0 rg BT 223.58 446.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 269.96 446.90 Td (price; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 434.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 434.90 Td (allocation ) Tj ET Q q 0 0 0 rg BT 181.93 434.90 Td (of ) Tj ET Q q 0 0 0 rg BT 192.76 434.90 Td (the ) Tj ET Q q 0 0 0 rg BT 207.48 434.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 253.85 434.90 Td (price ) Tj ET Q q 0 0 0 rg BT 276.33 434.90 Td (to ) Tj ET Q q 0 0 0 rg BT 286.61 434.90 Td (the ) Tj ET Q q 0 0 0 rg BT 301.33 434.90 Td (performance ) Tj ET Q q 0 0 0 rg BT 354.35 434.90 Td (obligations ) Tj ET Q q 0 0 0 rg BT 401.29 434.90 Td (in ) Tj ET Q q 0 0 0 rg BT 411.57 434.90 Td (the ) Tj ET Q q 0 0 0 rg BT 426.29 434.90 Td (contract; ) Tj ET Q q 0 0 0 rg BT 463.77 434.90 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 422.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 422.90 Td (recognition ) Tj ET Q q 0 0 0 rg BT 188.04 422.90 Td (of ) Tj ET Q q 0 0 0 rg BT 198.87 422.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 233.02 422.90 Td (when, ) Tj ET Q q 0 0 0 rg BT 259.68 422.90 Td (or ) Tj ET Q q 0 0 0 rg BT 270.51 422.90 Td (as, ) Tj ET Q q 0 0 0 rg BT 283.84 422.90 Td (we ) Tj ET Q q 0 0 0 rg BT 298.00 422.90 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 326.61 422.90 Td (a ) Tj ET Q q 0 0 0 rg BT 333.54 422.90 Td (performance ) Tj ET Q q 0 0 0 rg BT 386.57 422.90 Td (obligation. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 400.90 Td (The ) Tj ET Q q 0 0 0 rg BT 104.06 400.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.47 400.90 Td (analyzes ) Tj ET Q q 0 0 0 rg BT 182.41 400.90 Td (its ) Tj ET Q q 0 0 0 rg BT 194.37 400.90 Td (dif) Tj ET Q q 0 0 0 rg BT 205.30 400.90 Td (ferent ) Tj ET Q q 0 0 0 rg BT 231.13 400.90 Td (services ) Tj ET Q q 0 0 0 rg BT 265.85 400.90 Td (individually ) Tj ET Q q 0 0 0 rg BT 316.70 400.90 Td (to ) Tj ET Q q 0 0 0 rg BT 326.99 400.90 Td (determine ) Tj ET Q q 0 0 0 rg BT 369.49 400.90 Td (the ) Tj ET Q q 0 0 0 rg BT 384.22 400.90 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 432.27 400.90 Td (basis ) Tj ET Q q 0 0 0 rg BT 454.79 400.90 Td (for ) Tj ET Q q 0 0 0 rg BT 468.96 400.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 503.13 400.90 Td (recognition, ) Tj ET Q q 0 0 0 rg BT 553.68 400.90 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.90 Td (further ) Tj ET Q q 0 0 0 rg BT 80.02 388.90 Td (described ) Tj ET Q q 0 0 0 rg BT 121.15 388.90 Td (below) Tj ET Q q 0 0 0 rg BT 144.93 388.90 Td (. ) Tj ET Q q 0 0 0 rg BT 149.63 388.90 Td (Additionally) Tj ET Q q 0 0 0 rg BT 199.53 388.90 Td (, ) Tj ET Q q 0 0 0 rg BT 204.84 388.90 Td (certain ) Tj ET Q q 0 0 0 rg BT 234.85 388.90 Td (services ) Tj ET Q q 0 0 0 rg BT 269.87 388.90 Td (exist ) Tj ET Q q 0 0 0 rg BT 291.57 388.90 Td (in ) Tj ET Q q 0 0 0 rg BT 302.16 388.90 Td (multiple ) Tj ET Q q 0 0 0 rg BT 338.30 388.90 Td (channels. ) Tj ET Q q 0 0 0 rg BT 377.98 388.90 Td (As ) Tj ET Q q 0 0 0 rg BT 391.90 388.90 Td (Ebix ) Tj ET Q q 0 0 0 rg BT 413.60 388.90 Td (derives ) Tj ET Q q 0 0 0 rg BT 445.29 388.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 483.64 388.90 Td (from ) Tj ET Q q 0 0 0 rg BT 505.89 388.90 Td (three ) Tj ET Q q 0 0 0 rg BT 528.68 388.90 Td (product/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.90 Td (service ) Tj ET Q q 0 0 0 rg BT 80.60 376.90 Td (channelsEbixCash ) Tj ET Q q 0 0 0 rg BT 166.77 376.90 Td (Exchanges, ) Tj ET Q q 0 0 0 rg BT 214.87 376.90 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 256.03 376.90 Td (Exchanges, ) Tj ET Q q 0 0 0 rg BT 304.13 376.90 Td (and ) Tj ET Q q 0 0 0 rg BT 320.86 376.90 Td (Risk ) Tj ET Q q 0 0 0 rg BT 341.49 376.90 Td (Compliance ) Tj ET Q q 0 0 0 rg BT 392.10 376.90 Td (Solutionsfor ) Tj ET Q q 0 0 0 rg BT 453.83 376.90 Td (policy ) Tj ET Q q 0 0 0 rg BT 481.12 376.90 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 523.95 376.90 Td (purposes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.90 Td (contracts ) Tj ET Q q 0 0 0 rg BT 88.59 364.90 Td (are ) Tj ET Q q 0 0 0 rg BT 103.30 364.90 Td (discussed ) Tj ET Q q 0 0 0 rg BT 144.13 364.90 Td (in ) Tj ET Q q 0 0 0 rg BT 154.41 364.90 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 204.12 364.90 Td (with ) Tj ET Q q 0 0 0 rg BT 224.40 364.90 Td (the ) Tj ET Q q 0 0 0 rg BT 239.12 364.90 Td (channel ) Tj ET Q q 0 0 0 rg BT 272.71 364.90 Td (to ) Tj ET Q q 0 0 0 rg BT 282.99 364.90 Td (which ) Tj ET Q q 0 0 0 rg BT 309.93 364.90 Td (they ) Tj ET Q q 0 0 0 rg BT 329.64 364.90 Td (are ) Tj ET Q q 0 0 0 rg BT 344.35 364.90 Td (most ) Tj ET Q q 0 0 0 rg BT 366.30 364.90 Td (significant.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 342.90 Td (The ) Tj ET Q q 0 0 0 rg BT 103.96 342.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 145.25 342.90 Td (assesses ) Tj ET Q q 0 0 0 rg BT 180.43 342.90 Td (the ) Tj ET Q q 0 0 0 rg BT 195.06 342.90 Td (terms ) Tj ET Q q 0 0 0 rg BT 219.68 342.90 Td (of ) Tj ET Q q 0 0 0 rg BT 230.42 342.90 Td (customer ) Tj ET Q q 0 0 0 rg BT 269.49 342.90 Td (contracts ) Tj ET Q q 0 0 0 rg BT 307.99 342.90 Td (including ) Tj ET Q q 0 0 0 rg BT 348.17 342.90 Td (termination ) Tj ET Q q 0 0 0 rg BT 396.68 342.90 Td (rights, ) Tj ET Q q 0 0 0 rg BT 424.37 342.90 Td (penalties ) Tj ET Q q 0 0 0 rg BT 462.32 342.90 Td (\(implied ) Tj ET Q q 0 0 0 rg BT 498.61 342.90 Td (or ) Tj ET Q q 0 0 0 rg BT 509.35 342.90 Td (explicit\), ) Tj ET Q q 0 0 0 rg BT 547.57 342.90 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.90 Td (renewal ) Tj ET Q q 0 0 0 rg BT 84.15 330.90 Td (rights.) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 307.33505859375 m 201.6943359375 307.33505859375 l s q 0 0 0 rg BT 50.00 308.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 94.18 308.90 Td (Exchanges ) Tj ET Q q 0 0 0 rg BT 142.25 308.90 Td (\("EbixCash"\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 284.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 126.18 284.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 163.01 284.90 Td (are ) Tj ET Q q 0 0 0 rg BT 176.52 284.90 Td (primarily ) Tj ET Q q 0 0 0 rg BT 215.02 284.90 Td (derived ) Tj ET Q q 0 0 0 rg BT 246.31 284.90 Td (from ) Tj ET Q q 0 0 0 rg BT 267.04 284.90 Td (consideration ) Tj ET Q q 0 0 0 rg BT 322.21 284.90 Td (paid ) Tj ET Q q 0 0 0 rg BT 340.72 284.90 Td (by ) Tj ET Q q 0 0 0 rg BT 352.01 284.90 Td (customers ) Tj ET Q q 0 0 0 rg BT 393.86 284.90 Td (for ) Tj ET Q q 0 0 0 rg BT 406.81 284.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 443.09 284.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 488.26 284.90 Td (\(foreign ) Tj ET Q q 0 0 0 rg BT 521.76 284.90 Td (exchange, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.90 Td (remittance, ) Tj ET Q q 0 0 0 rg BT 97.06 272.90 Td (other ) Tj ET Q q 0 0 0 rg BT 119.96 272.90 Td (payment ) Tj ET Q q 0 0 0 rg BT 156.76 272.90 Td (solutions\) ) Tj ET Q q 0 0 0 rg BT 198.57 272.90 Td (and ) Tj ET Q q 0 0 0 rg BT 215.36 272.90 Td (travel ) Tj ET Q q 0 0 0 rg BT 240.49 272.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 286.72 272.90 Td (services. ) Tj ET Q q 0 0 0 rg BT 323.62 272.90 Td (The ) Tj ET Q q 0 0 0 rg BT 341.52 272.90 Td (significant ) Tj ET Q q 0 0 0 rg BT 386.09 272.90 Td (majority ) Tj ET Q q 0 0 0 rg BT 422.34 272.90 Td (of ) Tj ET Q q 0 0 0 rg BT 433.03 272.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 474.27 272.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 508.28 272.90 Td (is ) Tj ET Q q 0 0 0 rg BT 517.31 272.90 Td (for ) Tj ET Q q 0 0 0 rg BT 531.33 272.90 Td (a ) Tj ET Q q 0 0 0 rg BT 538.13 272.90 Td (single ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.90 Td (performance ) Tj ET Q q 0 0 0 rg BT 103.46 260.90 Td (obligation ) Tj ET Q q 0 0 0 rg BT 146.94 260.90 Td (and ) Tj ET Q q 0 0 0 rg BT 164.31 260.90 Td (is ) Tj ET Q q 0 0 0 rg BT 173.92 260.90 Td (recognized ) Tj ET Q q 0 0 0 rg BT 220.71 260.90 Td (at ) Tj ET Q q 0 0 0 rg BT 230.86 260.90 Td (a ) Tj ET Q q 0 0 0 rg BT 238.24 260.90 Td (point ) Tj ET Q q 0 0 0 rg BT 261.73 260.90 Td (in ) Tj ET Q q 0 0 0 rg BT 272.44 260.90 Td (time. ) Tj ET Q q 0 0 0 rg BT 295.43 260.90 Td (These ) Tj ET Q q 0 0 0 rg BT 322.24 260.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 360.71 260.90 Td (vary ) Tj ET Q q 0 0 0 rg BT 381.42 260.90 Td (by ) Tj ET Q q 0 0 0 rg BT 394.35 260.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 441.15 260.90 Td (based ) Tj ET Q q 0 0 0 rg BT 466.86 260.90 Td (upon ) Tj ET Q q 0 0 0 rg BT 489.79 260.90 Td (channel, ) Tj ET Q q 0 0 0 rg BT 526.32 260.90 Td (send ) Tj ET Q q 0 0 0 rg BT 547.58 260.90 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.90 Td (receive ) Tj ET Q q 0 0 0 rg BT 80.95 248.90 Td (locations, ) Tj ET Q q 0 0 0 rg BT 121.64 248.90 Td (the ) Tj ET Q q 0 0 0 rg BT 135.94 248.90 Td (principal ) Tj ET Q q 0 0 0 rg BT 173.56 248.90 Td (amount ) Tj ET Q q 0 0 0 rg BT 205.64 248.90 Td (sent, ) Tj ET Q q 0 0 0 rg BT 226.34 248.90 Td (whether ) Tj ET Q q 0 0 0 rg BT 260.63 248.90 Td (the ) Tj ET Q q 0 0 0 rg BT 274.93 248.90 Td (money ) Tj ET Q q 0 0 0 rg BT 304.23 248.90 Td (transfer ) Tj ET Q q 0 0 0 rg BT 336.86 248.90 Td (involves ) Tj ET Q q 0 0 0 rg BT 372.83 248.90 Td (dif) Tj ET Q q 0 0 0 rg BT 383.75 248.90 Td (ferent ) Tj ET Q q 0 0 0 rg BT 409.16 248.90 Td (send ) Tj ET Q q 0 0 0 rg BT 429.57 248.90 Td (and ) Tj ET Q q 0 0 0 rg BT 446.09 248.90 Td (receive ) Tj ET Q q 0 0 0 rg BT 477.04 248.90 Td (currencies, ) Tj ET Q q 0 0 0 rg BT 522.71 248.90 Td (and ) Tj ET Q q 0 0 0 rg BT 539.23 248.90 Td (speed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.90 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 236.90 Td (service, ) Tj ET Q q 0 0 0 rg BT 94.15 236.90 Td (as ) Tj ET Q q 0 0 0 rg BT 104.98 236.90 Td (applicable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 212.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 128.38 212.90 Td (also ) Tj ET Q q 0 0 0 rg BT 147.99 212.90 Td (of) Tj ET Q q 0 0 0 rg BT 156.14 212.90 Td (fers ) Tj ET Q q 0 0 0 rg BT 174.62 212.90 Td (several ) Tj ET Q q 0 0 0 rg BT 206.43 212.90 Td (other ) Tj ET Q q 0 0 0 rg BT 230.48 212.90 Td (services, ) Tj ET Q q 0 0 0 rg BT 268.68 212.90 Td (including ) Tj ET Q q 0 0 0 rg BT 309.95 212.90 Td (payment ) Tj ET Q q 0 0 0 rg BT 347.88 212.90 Td (services ) Tj ET Q q 0 0 0 rg BT 383.58 212.90 Td (and ) Tj ET Q q 0 0 0 rg BT 401.52 212.90 Td (ticketing ) Tj ET Q q 0 0 0 rg BT 440.00 212.90 Td (and ) Tj ET Q q 0 0 0 rg BT 457.94 212.90 Td (travel ) Tj ET Q q 0 0 0 rg BT 484.20 212.90 Td (services, ) Tj ET Q q 0 0 0 rg BT 522.40 212.90 Td (for ) Tj ET Q q 0 0 0 rg BT 537.56 212.90 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 84.17 200.90 Td (is ) Tj ET Q q 0 0 0 rg BT 93.36 200.90 Td (impacted ) Tj ET Q q 0 0 0 rg BT 132.54 200.90 Td (by ) Tj ET Q q 0 0 0 rg BT 145.06 200.90 Td (various ) Tj ET Q q 0 0 0 rg BT 177.03 200.90 Td (factors. ) Tj ET Q q 0 0 0 rg BT 209.26 200.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 250.67 200.90 Td (acts ) Tj ET Q q 0 0 0 rg BT 268.74 200.90 Td (as ) Tj ET Q q 0 0 0 rg BT 279.59 200.90 Td (the ) Tj ET Q q 0 0 0 rg BT 294.34 200.90 Td (principal ) Tj ET Q q 0 0 0 rg BT 332.40 200.90 Td (in ) Tj ET Q q 0 0 0 rg BT 342.71 200.90 Td (most ) Tj ET Q q 0 0 0 rg BT 364.68 200.90 Td (transactions ) Tj ET Q q 0 0 0 rg BT 414.97 200.90 Td (and ) Tj ET Q q 0 0 0 rg BT 431.93 200.90 Td (reports ) Tj ET Q q 0 0 0 rg BT 462.22 200.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 496.39 200.90 Td (on ) Tj ET Q q 0 0 0 rg BT 508.92 200.90 Td (a ) Tj ET Q q 0 0 0 rg BT 515.88 200.90 Td (gross ) Tj ET Q q 0 0 0 rg BT 539.52 200.90 Td (basis, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.90 Td (as ) Tj ET Q q 0 0 0 rg BT 60.89 188.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 102.33 188.90 Td (controls ) Tj ET Q q 0 0 0 rg BT 137.11 188.90 Td (the ) Tj ET Q q 0 0 0 rg BT 151.88 188.90 Td (service ) Tj ET Q q 0 0 0 rg BT 182.75 188.90 Td (at ) Tj ET Q q 0 0 0 rg BT 192.53 188.90 Td (all ) Tj ET Q q 0 0 0 rg BT 205.08 188.90 Td (times ) Tj ET Q q 0 0 0 rg BT 229.30 188.90 Td (prior ) Tj ET Q q 0 0 0 rg BT 251.30 188.90 Td (to ) Tj ET Q q 0 0 0 rg BT 261.64 188.90 Td (transfer ) Tj ET Q q 0 0 0 rg BT 294.73 188.90 Td (to ) Tj ET Q q 0 0 0 rg BT 305.07 188.90 Td (the ) Tj ET Q q 0 0 0 rg BT 319.84 188.90 Td (customer) Tj ET Q q 0 0 0 rg BT 356.10 188.90 Td (, ) Tj ET Q q 0 0 0 rg BT 361.15 188.90 Td (is ) Tj ET Q q 0 0 0 rg BT 370.38 188.90 Td (primarily ) Tj ET Q q 0 0 0 rg BT 410.15 188.90 Td (responsible ) Tj ET Q q 0 0 0 rg BT 458.25 188.90 Td (for ) Tj ET Q q 0 0 0 rg BT 472.47 188.90 Td (fulfilling ) Tj ET Q q 0 0 0 rg BT 510.58 188.90 Td (the ) Tj ET Q q 0 0 0 rg BT 525.36 188.90 Td (customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.90 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 91.09 176.90 Td (has ) Tj ET Q q 0 0 0 rg BT 106.92 176.90 Td (the ) Tj ET Q q 0 0 0 rg BT 121.64 176.90 Td (risk ) Tj ET Q q 0 0 0 rg BT 139.14 176.90 Td (of ) Tj ET Q q 0 0 0 rg BT 149.97 176.90 Td (loss, ) Tj ET Q q 0 0 0 rg BT 170.53 176.90 Td (and ) Tj ET Q q 0 0 0 rg BT 187.47 176.90 Td (has ) Tj ET Q q 0 0 0 rg BT 203.30 176.90 Td (the ) Tj ET Q q 0 0 0 rg BT 218.02 176.90 Td (ability ) Tj ET Q q 0 0 0 rg BT 246.07 176.90 Td (to ) Tj ET Q q 0 0 0 rg BT 256.35 176.90 Td (establish ) Tj ET Q q 0 0 0 rg BT 293.84 176.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 340.21 176.90 Td (prices.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 152.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 152.90 Td (The ) Tj ET Q q 0 0 0 rg BT 104.05 152.90 Td (main ) Tj ET Q q 0 0 0 rg BT 126.54 152.90 Td (services ) Tj ET Q q 0 0 0 rg BT 161.25 152.90 Td (from ) Tj ET Q q 0 0 0 rg BT 183.19 152.90 Td (which ) Tj ET Q q 0 0 0 rg BT 210.13 152.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 251.51 152.90 Td (derives ) Tj ET Q q 0 0 0 rg BT 282.89 152.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 317.04 152.90 Td (are ) Tj ET Q q 0 0 0 rg BT 331.74 152.90 Td (as ) Tj ET Q q 0 0 0 rg BT 342.57 152.90 Td (follow:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 128.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 91.39 128.90 Td (T) Tj ET Q q 0 0 0 rg BT 96.40 128.90 Td (ravel ) Tj ET Q q 0 0 0 rg BT 119.44 128.90 Td (Exchanges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 104.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 104.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 127.87 104.90 Td (T) Tj ET Q q 0 0 0 rg BT 133.63 104.90 Td (ravel ) Tj ET Q q 0 0 0 rg BT 156.84 104.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 195.59 104.90 Td (are ) Tj ET Q q 0 0 0 rg BT 211.02 104.90 Td (primarily ) Tj ET Q q 0 0 0 rg BT 251.45 104.90 Td (derived ) Tj ET Q q 0 0 0 rg BT 284.66 104.90 Td (from ) Tj ET Q q 0 0 0 rg BT 307.32 104.90 Td (commissions ) Tj ET Q q 0 0 0 rg BT 362.76 104.90 Td (and ) Tj ET Q q 0 0 0 rg BT 380.42 104.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 427.52 104.90 Td (fees ) Tj ET Q q 0 0 0 rg BT 446.83 104.90 Td (received ) Tj ET Q q 0 0 0 rg BT 483.92 104.90 Td (from ) Tj ET Q q 0 0 0 rg BT 506.58 104.90 Td (various ) Tj ET Q q 0 0 0 rg BT 539.23 104.90 Td (travel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 92.90 Td (providers ) Tj ET Q q 0 0 0 rg BT 91.06 92.90 Td (and ) Tj ET Q q 0 0 0 rg BT 108.78 92.90 Td (international ) Tj ET Q q 0 0 0 rg BT 162.61 92.90 Td (exchanges ) Tj ET Q q 0 0 0 rg BT 207.54 92.90 Td (involved ) Tj ET Q q 0 0 0 rg BT 245.83 92.90 Td (in ) Tj ET Q q 0 0 0 rg BT 256.89 92.90 Td (the ) Tj ET Q q 0 0 0 rg BT 272.40 92.90 Td (sale ) Tj ET Q q 0 0 0 rg BT 291.24 92.90 Td (of ) Tj ET Q q 0 0 0 rg BT 302.85 92.90 Td (travel ) Tj ET Q q 0 0 0 rg BT 328.91 92.90 Td (to ) Tj ET Q q 0 0 0 rg BT 339.97 92.90 Td (the ) Tj ET Q q 0 0 0 rg BT 355.48 92.90 Td (consumer) Tj ET Q q 0 0 0 rg BT 393.80 92.90 Td (. ) Tj ET Q q 0 0 0 rg BT 399.59 92.90 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 441.53 92.90 Td (T) Tj ET Q q 0 0 0 rg BT 447.29 92.90 Td (ravel ) Tj ET Q q 0 0 0 rg BT 470.56 92.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 505.49 92.90 Td (is ) Tj ET Q q 0 0 0 rg BT 515.45 92.90 Td (for ) Tj ET Q q 0 0 0 rg BT 530.40 92.90 Td (a ) Tj ET Q q 0 0 0 rg BT 538.13 92.90 Td (single ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 80.90 Td (performance ) Tj ET Q q 0 0 0 rg BT 102.71 80.90 Td (obligation ) Tj ET Q q 0 0 0 rg BT 145.44 80.90 Td (and ) Tj ET Q q 0 0 0 rg BT 162.06 80.90 Td (is ) Tj ET Q q 0 0 0 rg BT 170.92 80.90 Td (recognized ) Tj ET Q q 0 0 0 rg BT 216.97 80.90 Td (at ) Tj ET Q q 0 0 0 rg BT 226.37 80.90 Td (a ) Tj ET Q q 0 0 0 rg BT 232.99 80.90 Td (point ) Tj ET Q q 0 0 0 rg BT 255.73 80.90 Td (in ) Tj ET Q q 0 0 0 rg BT 265.69 80.90 Td (time. ) Tj ET Q q 0 0 0 rg BT 287.99 80.90 Td (T) Tj ET Q q 0 0 0 rg BT 293.75 80.90 Td (ravel ) Tj ET Q q 0 0 0 rg BT 315.92 80.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 353.64 80.90 Td (include ) Tj ET Q q 0 0 0 rg BT 385.26 80.90 Td (reservation ) Tj ET Q q 0 0 0 rg BT 431.86 80.90 Td (commissions, ) Tj ET Q q 0 0 0 rg BT 488.77 80.90 Td (segment ) Tj ET Q q 0 0 0 rg BT 524.28 80.90 Td (fees ) Tj ET Q q 0 0 0 rg BT 542.57 80.90 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 68.90 Td (global ) Tj ET Q q 0 0 0 rg BT 76.93 68.90 Td (travel ) Tj ET Q q 0 0 0 rg BT 101.64 68.90 Td (exchange ) Tj ET Q q 0 0 0 rg BT 141.33 68.90 Td (providers, ) Tj ET Q q 0 0 0 rg BT 183.54 68.90 Td (and ) Tj ET Q q 0 0 0 rg BT 199.91 68.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 245.72 68.90 Td (net ) Tj ET Q q 0 0 0 rg BT 259.88 68.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 297.35 68.90 Td (\(i.e., ) Tj ET Q q 0 0 0 rg BT 317.34 68.90 Td (the ) Tj ET Q q 0 0 0 rg BT 331.49 68.90 Td (amount ) Tj ET Q q 0 0 0 rg BT 363.43 68.90 Td (char) Tj ET Q q 0 0 0 rg BT 380.45 68.90 Td (ged ) Tj ET Q q 0 0 0 rg BT 396.83 68.90 Td (to ) Tj ET Q q 0 0 0 rg BT 406.55 68.90 Td (travelers ) Tj ET Q q 0 0 0 rg BT 442.91 68.90 Td (less ) Tj ET Q q 0 0 0 rg BT 459.85 68.90 Td (the ) Tj ET Q q 0 0 0 rg BT 474.00 68.90 Td (amount ) Tj ET Q q 0 0 0 rg BT 505.94 68.90 Td (owed ) Tj ET Q q 0 0 0 rg BT 529.54 68.90 Td (to ) Tj ET Q q 0 0 0 rg BT 539.25 68.90 Td (travel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 56.90 Td (service ) Tj ET Q q 0 0 0 rg BT 81.71 56.90 Td (providers\) ) Tj ET Q q 0 0 0 rg BT 126.20 56.90 Td (in ) Tj ET Q q 0 0 0 rg BT 137.37 56.90 Td (connection ) Tj ET Q q 0 0 0 rg BT 184.63 56.90 Td (with ) Tj ET Q q 0 0 0 rg BT 205.80 56.90 Td (our ) Tj ET Q q 0 0 0 rg BT 222.52 56.90 Td (reservation ) Tj ET Q q 0 0 0 rg BT 270.33 56.90 Td (services; ) Tj ET Q q 0 0 0 rg BT 308.71 56.90 Td (ancillary ) Tj ET Q q 0 0 0 rg BT 347.08 56.90 Td (fees, ) Tj ET Q q 0 0 0 rg BT 369.07 56.90 Td (including ) Tj ET Q q 0 0 0 rg BT 410.24 56.90 Td (travel ) Tj ET Q q 0 0 0 rg BT 436.39 56.90 Td (insurance-related ) Tj ET Q q 0 0 0 rg BT 508.63 56.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 547.56 56.90 Td (and ) Tj ET Q endstream endobj 87 0 obj <>] /Rotate 0 /Contents 88 0 R>> endobj 88 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 78.74 742.10 Td (reservation ) Tj ET Q q 0 0 0 rg BT 124.70 742.10 Td (booking ) Tj ET Q q 0 0 0 rg BT 159.02 742.10 Td (fees; ) Tj ET Q q 0 0 0 rg BT 179.43 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 195.41 742.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 219.71 742.10 Td (card ) Tj ET Q q 0 0 0 rg BT 238.46 742.10 Td (processing ) Tj ET Q q 0 0 0 rg BT 282.76 742.10 Td (rebates ) Tj ET Q q 0 0 0 rg BT 312.62 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 328.59 742.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 366.79 742.10 Td (processing ) Tj ET Q q 0 0 0 rg BT 411.09 742.10 Td (fees. ) Tj ET Q q 0 0 0 rg BT 431.23 742.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 471.54 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 477.30 742.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 498.82 742.10 Td (services ) Tj ET Q q 0 0 0 rg BT 532.57 742.10 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.91 730.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 83.14 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 94.17 730.10 Td (hotel ) Tj ET Q q 0 0 0 rg BT 116.85 730.10 Td (rooms, ) Tj ET Q q 0 0 0 rg BT 147.04 730.10 Td (airline ) Tj ET Q q 0 0 0 rg BT 175.27 730.10 Td (tickets, ) Tj ET Q q 0 0 0 rg BT 206.57 730.10 Td (bus ) Tj ET Q q 0 0 0 rg BT 223.15 730.10 Td (tickets ) Tj ET Q q 0 0 0 rg BT 251.94 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 269.07 730.10 Td (train ) Tj ET Q q 0 0 0 rg BT 290.09 730.10 Td (tickets. ) Tj ET Q q 0 0 0 rg BT 321.38 730.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 363.05 730.10 Td (s ) Tj ET Q q 0 0 0 rg BT 369.43 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 375.19 730.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 397.87 730.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 432.20 730.10 Td (is ) Tj ET Q q 0 0 0 rg BT 441.56 730.10 Td (also ) Tj ET Q q 0 0 0 rg BT 460.36 730.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 493.04 730.10 Td (from ) Tj ET Q q 0 0 0 rg BT 515.17 730.10 Td (ticket ) Tj ET Q q 0 0 0 rg BT 540.07 730.10 Td (sales, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (wherein ) Tj ET Q q 0 0 0 rg BT 83.65 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 97.31 718.10 Td (commissions ) Tj ET Q q 0 0 0 rg BT 150.98 718.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 183.51 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 192.73 718.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 232.96 718.10 Td (T) Tj ET Q q 0 0 0 rg BT 238.71 718.10 Td (ravel, ) Tj ET Q q 0 0 0 rg BT 262.64 718.10 Td (along ) Tj ET Q q 0 0 0 rg BT 286.30 718.10 Td (with ) Tj ET Q q 0 0 0 rg BT 305.52 718.10 Td (any ) Tj ET Q q 0 0 0 rg BT 321.40 718.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 366.71 718.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 384.25 718.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 402.91 718.10 Td (by ) Tj ET Q q 0 0 0 rg BT 414.35 718.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 438.56 718.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 477.77 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 493.65 718.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 517.86 718.10 Td (exchanges, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (is ) Tj ET Q q 0 0 0 rg BT 59.22 706.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 105.62 706.10 Td (as ) Tj ET Q q 0 0 0 rg BT 116.50 706.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 150.69 706.10 Td (after ) Tj ET Q q 0 0 0 rg BT 171.55 706.10 Td (completion ) Tj ET Q q 0 0 0 rg BT 219.09 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 229.96 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 244.72 706.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 277.90 706.10 Td (The ) Tj ET Q q 0 0 0 rg BT 295.99 706.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 342.41 706.10 Td (price ) Tj ET Q q 0 0 0 rg BT 364.94 706.10 Td (on ) Tj ET Q q 0 0 0 rg BT 377.49 706.10 Td (such ) Tj ET Q q 0 0 0 rg BT 398.36 706.10 Td (services ) Tj ET Q q 0 0 0 rg BT 433.11 706.10 Td (is ) Tj ET Q q 0 0 0 rg BT 442.33 706.10 Td (agreed ) Tj ET Q q 0 0 0 rg BT 471.52 706.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 494.07 706.10 Td (at ) Tj ET Q q 0 0 0 rg BT 503.83 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 518.59 706.10 Td (time ) Tj ET Q q 0 0 0 rg BT 538.91 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.78 706.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (purchase.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 670.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 128.44 670.10 Td (T) Tj ET Q q 0 0 0 rg BT 134.20 670.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 158.02 670.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 193.50 670.10 Td (for ) Tj ET Q q 0 0 0 rg BT 208.99 670.10 Td (its ) Tj ET Q q 0 0 0 rg BT 222.27 670.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 263.86 670.10 Td (MICE ) Tj ET Q q 0 0 0 rg BT 292.69 670.10 Td (\(Meetings, ) Tj ET Q q 0 0 0 rg BT 339.57 670.10 Td (Incentives, ) Tj ET Q q 0 0 0 rg BT 387.00 670.10 Td (Conferences, ) Tj ET Q q 0 0 0 rg BT 443.31 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 461.58 670.10 Td (Exhibitions\) ) Tj ET Q q 0 0 0 rg BT 514.85 670.10 Td (packages ) Tj ET Q q 0 0 0 rg BT 555.33 670.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 95.97 658.10 Td (at ) Tj ET Q q 0 0 0 rg BT 105.30 658.10 Td (full ) Tj ET Q q 0 0 0 rg BT 121.30 658.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 158.95 658.10 Td (value ) Tj ET Q q 0 0 0 rg BT 182.72 658.10 Td (at ) Tj ET Q q 0 0 0 rg BT 192.05 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 206.37 658.10 Td (completion ) Tj ET Q q 0 0 0 rg BT 253.48 658.10 Td (of ) Tj ET Q q 0 0 0 rg BT 263.92 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 278.25 658.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 320.91 658.10 Td (with ) Tj ET Q q 0 0 0 rg BT 340.80 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 355.13 658.10 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 414.45 658.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 436.56 658.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 473.65 658.10 Td (under ) Tj ET Q q 0 0 0 rg BT 498.53 658.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 523.40 658.10 Td (expenses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (For ) Tj ET Q q 0 0 0 rg BT 67.23 646.10 Td (MICE ) Tj ET Q q 0 0 0 rg BT 95.56 646.10 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 136.94 646.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 178.92 646.10 Td (T) Tj ET Q q 0 0 0 rg BT 184.68 646.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 208.00 646.10 Td (acts ) Tj ET Q q 0 0 0 rg BT 226.88 646.10 Td (as ) Tj ET Q q 0 0 0 rg BT 238.55 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 254.10 646.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 292.98 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 304.09 646.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 355.19 646.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 375.47 646.10 Td (accordingly) Tj ET Q q 0 0 0 rg BT 422.02 646.10 Td (, ) Tj ET Q q 0 0 0 rg BT 427.86 646.10 Td (reports ) Tj ET Q q 0 0 0 rg BT 458.96 646.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 493.95 646.10 Td (on ) Tj ET Q q 0 0 0 rg BT 507.28 646.10 Td (a ) Tj ET Q q 0 0 0 rg BT 515.06 646.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 539.51 646.10 Td (basis. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 90.39 634.10 Td (T) Tj ET Q q 0 0 0 rg BT 96.15 634.10 Td (ravel ) Tj ET Q q 0 0 0 rg BT 117.76 634.10 Td (controls ) Tj ET Q q 0 0 0 rg BT 151.60 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.44 634.10 Td (service ) Tj ET Q q 0 0 0 rg BT 195.38 634.10 Td (at ) Tj ET Q q 0 0 0 rg BT 204.22 634.10 Td (all ) Tj ET Q q 0 0 0 rg BT 215.84 634.10 Td (times ) Tj ET Q q 0 0 0 rg BT 239.13 634.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 260.19 634.10 Td (to ) Tj ET Q q 0 0 0 rg BT 269.59 634.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 301.75 634.10 Td (to ) Tj ET Q q 0 0 0 rg BT 311.15 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 324.99 634.10 Td (customer) Tj ET Q q 0 0 0 rg BT 361.25 634.10 Td (, ) Tj ET Q q 0 0 0 rg BT 365.37 634.10 Td (is ) Tj ET Q q 0 0 0 rg BT 373.66 634.10 Td (responsible ) Tj ET Q q 0 0 0 rg BT 420.83 634.10 Td (for ) Tj ET Q q 0 0 0 rg BT 434.12 634.10 Td (fulfilling ) Tj ET Q q 0 0 0 rg BT 471.29 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 485.13 634.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 523.41 634.10 Td (contracts, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (has ) Tj ET Q q 0 0 0 rg BT 65.83 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 80.55 622.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 98.05 622.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.88 622.10 Td (loss, ) Tj ET Q q 0 0 0 rg BT 129.44 622.10 Td (and ) Tj ET Q q 0 0 0 rg BT 146.38 622.10 Td (has ) Tj ET Q q 0 0 0 rg BT 162.21 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 176.92 622.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 204.98 622.10 Td (to ) Tj ET Q q 0 0 0 rg BT 215.25 622.10 Td (establish ) Tj ET Q q 0 0 0 rg BT 252.75 622.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 299.12 622.10 Td (prices.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 91.39 598.10 Td (Money ) Tj ET Q q 0 0 0 rg BT 121.09 598.10 Td (T) Tj ET Q q 0 0 0 rg BT 126.10 598.10 Td (ransfer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 574.10 Td (For ) Tj ET Q q 0 0 0 rg BT 102.29 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 116.91 574.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 158.20 574.10 Td (money ) Tj ET Q q 0 0 0 rg BT 187.82 574.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 220.76 574.10 Td (business, ) Tj ET Q q 0 0 0 rg BT 259.55 574.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 300.84 574.10 Td (has ) Tj ET Q q 0 0 0 rg BT 316.58 574.10 Td (one ) Tj ET Q q 0 0 0 rg BT 333.42 574.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 386.34 574.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 429.30 574.10 Td (whereupon ) Tj ET Q q 0 0 0 rg BT 476.13 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 490.75 574.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 529.80 574.10 Td (engages ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 91.97 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 102.83 562.10 Td (perform ) Tj ET Q q 0 0 0 rg BT 138.13 562.10 Td (one ) Tj ET Q q 0 0 0 rg BT 155.65 562.10 Td (integrated ) Tj ET Q q 0 0 0 rg BT 198.72 562.10 Td (service. ) Tj ET Q q 0 0 0 rg BT 232.39 562.10 Td (This ) Tj ET Q q 0 0 0 rg BT 253.26 562.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 291.33 562.10 Td (occurs ) Tj ET Q q 0 0 0 rg BT 320.52 562.10 Td (instantaneously ) Tj ET Q q 0 0 0 rg BT 385.81 562.10 Td (when ) Tj ET Q q 0 0 0 rg BT 410.56 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.86 562.10 Td (beneficiary ) Tj ET Q q 0 0 0 rg BT 473.91 562.10 Td (entitled ) Tj ET Q q 0 0 0 rg BT 506.99 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 517.85 562.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 549.80 562.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (money ) Tj ET Q q 0 0 0 rg BT 80.18 550.10 Td (transferred ) Tj ET Q q 0 0 0 rg BT 126.45 550.10 Td (by ) Tj ET Q q 0 0 0 rg BT 139.42 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 154.60 550.10 Td (sender ) Tj ET Q q 0 0 0 rg BT 183.66 550.10 Td (visits ) Tj ET Q q 0 0 0 rg BT 207.75 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 222.93 550.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 264.78 550.10 Td (outlet ) Tj ET Q q 0 0 0 rg BT 290.52 550.10 Td (and ) Tj ET Q q 0 0 0 rg BT 307.92 550.10 Td (collects ) Tj ET Q q 0 0 0 rg BT 341.43 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.61 550.10 Td (money) Tj ET Q q 0 0 0 rg BT 383.18 550.10 Td (. ) Tj ET Q q 0 0 0 rg BT 387.99 550.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 437.33 550.10 Td (, ) Tj ET Q q 0 0 0 rg BT 442.79 550.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 484.65 550.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 530.36 550.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 73.40 538.10 Td (completion ) Tj ET Q q 0 0 0 rg BT 121.80 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 133.53 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 149.15 538.10 Td (following: ) Tj ET Q q 0 0 0 rg BT 194.22 538.10 Td (1\) ) Tj ET Q q 0 0 0 rg BT 205.95 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 221.57 538.10 Td (customer) Tj ET Q q 0 0 0 rg BT 258.60 538.10 Td () Tj ET Q q 0 0 0 rg BT 261.38 538.10 Td (s ) Tj ET Q q 0 0 0 rg BT 268.67 538.10 Td (acknowledgment ) Tj ET Q q 0 0 0 rg BT 340.39 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 352.12 538.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 393.78 538.10 Td (s ) Tj ET Q q 0 0 0 rg BT 401.08 538.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 426.70 538.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.54 538.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 489.61 538.10 Td (and ) Tj ET Q q 0 0 0 rg BT 507.45 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 523.07 538.10 Td (receipt ) Tj ET Q q 0 0 0 rg BT 553.68 538.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 86.92 526.10 Td (information, ) Tj ET Q q 0 0 0 rg BT 139.11 526.10 Td (2\) ) Tj ET Q q 0 0 0 rg BT 149.92 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.62 526.10 Td (money ) Tj ET Q q 0 0 0 rg BT 194.32 526.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 227.34 526.10 Td (has ) Tj ET Q q 0 0 0 rg BT 243.15 526.10 Td (been ) Tj ET Q q 0 0 0 rg BT 264.51 526.10 Td (processed, ) Tj ET Q q 0 0 0 rg BT 308.92 526.10 Td (3\) ) Tj ET Q q 0 0 0 rg BT 319.73 526.10 Td (the ) Tj ET Q q 0 0 0 rg BT 334.43 526.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 373.57 526.10 Td (has ) Tj ET Q q 0 0 0 rg BT 389.38 526.10 Td (received ) Tj ET Q q 0 0 0 rg BT 425.72 526.10 Td (a ) Tj ET Q q 0 0 0 rg BT 432.64 526.10 Td (unique ) Tj ET Q q 0 0 0 rg BT 462.34 526.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 508.70 526.10 Td (identification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (number) Tj ET Q q 0 0 0 rg BT 80.15 514.10 Td (, ) Tj ET Q q 0 0 0 rg BT 85.02 514.10 Td (and ) Tj ET Q q 0 0 0 rg BT 101.84 514.10 Td (4\) ) Tj ET Q q 0 0 0 rg BT 112.55 514.10 Td (funds ) Tj ET Q q 0 0 0 rg BT 137.15 514.10 Td (are ) Tj ET Q q 0 0 0 rg BT 151.73 514.10 Td (available ) Tj ET Q q 0 0 0 rg BT 190.20 514.10 Td (to ) Tj ET Q q 0 0 0 rg BT 200.36 514.10 Td (be ) Tj ET Q q 0 0 0 rg BT 212.17 514.10 Td (picked ) Tj ET Q q 0 0 0 rg BT 241.21 514.10 Td (up ) Tj ET Q q 0 0 0 rg BT 253.58 514.10 Td (by ) Tj ET Q q 0 0 0 rg BT 265.96 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 280.56 514.10 Td (beneficiary) Tj ET Q q 0 0 0 rg BT 324.88 514.10 Td (. ) Tj ET Q q 0 0 0 rg BT 329.58 514.10 Td (The ) Tj ET Q q 0 0 0 rg BT 347.51 514.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 393.76 514.10 Td (price ) Tj ET Q q 0 0 0 rg BT 416.12 514.10 Td (is ) Tj ET Q q 0 0 0 rg BT 425.17 514.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 469.20 514.10 Td (of ) Tj ET Q q 0 0 0 rg BT 479.91 514.10 Td (a ) Tj ET Q q 0 0 0 rg BT 486.73 514.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 532.98 514.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 547.56 514.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.23 502.10 Td (dif) Tj ET Q q 0 0 0 rg BT 75.15 502.10 Td (ference ) Tj ET Q q 0 0 0 rg BT 106.58 502.10 Td (between ) Tj ET Q q 0 0 0 rg BT 141.90 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 156.13 502.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 195.89 502.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 212.89 502.10 Td (set ) Tj ET Q q 0 0 0 rg BT 226.00 502.10 Td (by ) Tj ET Q q 0 0 0 rg BT 238.01 502.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 278.91 502.10 Td (to ) Tj ET Q q 0 0 0 rg BT 288.70 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 302.92 502.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 341.59 502.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.03 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 372.26 502.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 389.26 502.10 Td (available ) Tj ET Q q 0 0 0 rg BT 427.35 502.10 Td (in ) Tj ET Q q 0 0 0 rg BT 437.14 502.10 Td (the ) Tj ET Q q 0 0 0 rg BT 451.37 502.10 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 493.36 502.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 524.25 502.10 Td (exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (market, ) Tj ET Q q 0 0 0 rg BT 82.76 490.10 Td (as ) Tj ET Q q 0 0 0 rg BT 93.59 490.10 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 139.68 490.10 Td (both ) Tj ET Q q 0 0 0 rg BT 159.96 490.10 Td (of ) Tj ET Q q 0 0 0 rg BT 170.79 490.10 Td (which ) Tj ET Q q 0 0 0 rg BT 197.73 490.10 Td (are ) Tj ET Q q 0 0 0 rg BT 212.44 490.10 Td (readily ) Tj ET Q q 0 0 0 rg BT 242.70 490.10 Td (determinable ) Tj ET Q q 0 0 0 rg BT 297.40 490.10 Td (at ) Tj ET Q q 0 0 0 rg BT 307.11 490.10 Td (the ) Tj ET Q q 0 0 0 rg BT 321.83 490.10 Td (time ) Tj ET Q q 0 0 0 rg BT 342.10 490.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.82 490.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 403.19 490.10 Td (is ) Tj ET Q q 0 0 0 rg BT 412.36 490.10 Td (initiated.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (For) Tj ET Q q 0 0 0 rg BT 64.63 466.10 Td (eign ) Tj ET Q q 0 0 0 rg BT 84.35 466.10 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 126.27 466.10 Td (and ) Tj ET Q q 0 0 0 rg BT 143.77 466.10 Td (Payment ) Tj ET Q q 0 0 0 rg BT 181.25 466.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 442.10 Td (For ) Tj ET Q q 0 0 0 rg BT 102.97 442.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 144.63 442.10 Td (s ) Tj ET Q q 0 0 0 rg BT 151.60 442.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 183.55 442.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 224.38 442.10 Td (and ) Tj ET Q q 0 0 0 rg BT 241.90 442.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 279.41 442.10 Td (services, ) Tj ET Q q 0 0 0 rg BT 317.19 442.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 360.81 442.10 Td (agree ) Tj ET Q q 0 0 0 rg BT 385.54 442.10 Td (to ) Tj ET Q q 0 0 0 rg BT 396.39 442.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 421.68 442.10 Td (and ) Tj ET Q q 0 0 0 rg BT 439.20 442.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 483.94 442.10 Td (for ) Tj ET Q q 0 0 0 rg BT 498.68 442.10 Td (all ) Tj ET Q q 0 0 0 rg BT 511.75 442.10 Td (transactions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (either ) Tj ET Q q 0 0 0 rg BT 75.63 430.10 Td (at ) Tj ET Q q 0 0 0 rg BT 85.71 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.80 430.10 Td (time ) Tj ET Q q 0 0 0 rg BT 121.44 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 132.63 430.10 Td (initiating ) Tj ET Q q 0 0 0 rg BT 171.61 430.10 Td (a ) Tj ET Q q 0 0 0 rg BT 178.91 430.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 225.65 430.10 Td (or ) Tj ET Q q 0 0 0 rg BT 236.85 430.10 Td (signing ) Tj ET Q q 0 0 0 rg BT 269.16 430.10 Td (a ) Tj ET Q q 0 0 0 rg BT 276.46 430.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 311.53 430.10 Td (with ) Tj ET Q q 0 0 0 rg BT 332.18 430.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 373.93 430.10 Td (to ) Tj ET Q q 0 0 0 rg BT 384.58 430.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 417.99 430.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 455.29 430.10 Td (services ) Tj ET Q q 0 0 0 rg BT 490.36 430.10 Td (on ) Tj ET Q q 0 0 0 rg BT 503.23 430.10 Td (the ) Tj ET Q q 0 0 0 rg BT 518.31 430.10 Td (customer) Tj ET Q q 0 0 0 rg BT 555.34 430.10 Td () Tj ET Q q 0 0 0 rg BT 558.12 430.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (behalf. ) Tj ET Q q 0 0 0 rg BT 80.95 418.10 Td (In ) Tj ET Q q 0 0 0 rg BT 92.75 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 108.43 418.10 Td (majority ) Tj ET Q q 0 0 0 rg BT 145.78 418.10 Td (of ) Tj ET Q q 0 0 0 rg BT 157.58 418.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 199.24 418.10 Td (s ) Tj ET Q q 0 0 0 rg BT 206.60 418.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 238.95 418.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 280.17 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 298.07 418.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 335.97 418.10 Td (services ) Tj ET Q q 0 0 0 rg BT 371.65 418.10 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 425.38 418.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 467.73 418.10 Td (makes ) Tj ET Q q 0 0 0 rg BT 496.74 418.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 538.54 418.10 Td (to ) Tj ET Q q 0 0 0 rg BT 549.78 418.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (recipient ) Tj ET Q q 0 0 0 rg BT 87.38 406.10 Td (to ) Tj ET Q q 0 0 0 rg BT 97.56 406.10 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 126.07 406.10 Td (its ) Tj ET Q q 0 0 0 rg BT 137.92 406.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 190.84 406.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 233.80 406.10 Td (to ) Tj ET Q q 0 0 0 rg BT 243.98 406.10 Td (the ) Tj ET Q q 0 0 0 rg BT 258.60 406.10 Td (customer) Tj ET Q q 0 0 0 rg BT 294.85 406.10 Td (, ) Tj ET Q q 0 0 0 rg BT 299.75 406.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 319.09 406.10 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 360.08 406.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 401.37 406.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 446.52 406.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 480.57 406.10 Td (on ) Tj ET Q q 0 0 0 rg BT 492.97 406.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 524.25 406.10 Td (exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 394.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 103.87 394.10 Td (when ) Tj ET Q q 0 0 0 rg BT 128.03 394.10 Td (this ) Tj ET Q q 0 0 0 rg BT 144.98 394.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 198.00 394.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 241.05 394.10 Td (has ) Tj ET Q q 0 0 0 rg BT 256.88 394.10 Td (been ) Tj ET Q q 0 0 0 rg BT 278.26 394.10 Td (fulfilled.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 93.61 370.10 Td (Payment ) Tj ET Q q 0 0 0 rg BT 131.10 370.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 346.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 126.28 346.10 Td (of) Tj ET Q q 0 0 0 rg BT 134.43 346.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 150.82 346.10 Td (several ) Tj ET Q q 0 0 0 rg BT 180.53 346.10 Td (dif) Tj ET Q q 0 0 0 rg BT 191.46 346.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 216.17 346.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 230.90 346.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 266.73 346.10 Td (services ) Tj ET Q q 0 0 0 rg BT 300.33 346.10 Td (that ) Tj ET Q q 0 0 0 rg BT 316.72 346.10 Td (vary ) Tj ET Q q 0 0 0 rg BT 335.88 346.10 Td (by ) Tj ET Q q 0 0 0 rg BT 347.28 346.10 Td (considerations ) Tj ET Q q 0 0 0 rg BT 406.44 346.10 Td (such ) Tj ET Q q 0 0 0 rg BT 426.16 346.10 Td (as: ) Tj ET Q q 0 0 0 rg BT 438.67 346.10 Td (1\) ) Tj ET Q q 0 0 0 rg BT 448.39 346.10 Td (who ) Tj ET Q q 0 0 0 rg BT 467.01 346.10 Td (pays ) Tj ET Q q 0 0 0 rg BT 486.74 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 500.35 346.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 513.95 346.10 Td (to ) Tj ET Q q 0 0 0 rg BT 523.13 346.10 Td (EbixCash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (\(consumer ) Tj ET Q q 0 0 0 rg BT 94.41 334.10 Td (or ) Tj ET Q q 0 0 0 rg BT 104.94 334.10 Td (biller\), ) Tj ET Q q 0 0 0 rg BT 134.08 334.10 Td (2\) ) Tj ET Q q 0 0 0 rg BT 144.62 334.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 179.03 334.10 Td (or ) Tj ET Q q 0 0 0 rg BT 189.56 334.10 Td (not ) Tj ET Q q 0 0 0 rg BT 204.54 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.96 334.10 Td (service ) Tj ET Q q 0 0 0 rg BT 249.48 334.10 Td (is ) Tj ET Q q 0 0 0 rg BT 258.35 334.10 Td (of) Tj ET Q q 0 0 0 rg BT 266.50 334.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 289.24 334.10 Td (to ) Tj ET Q q 0 0 0 rg BT 299.23 334.10 Td (all ) Tj ET Q q 0 0 0 rg BT 311.43 334.10 Td (consumers, ) Tj ET Q q 0 0 0 rg BT 358.90 334.10 Td (3\) ) Tj ET Q q 0 0 0 rg BT 369.43 334.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 403.84 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 418.26 334.10 Td (service ) Tj ET Q q 0 0 0 rg BT 448.78 334.10 Td (is ) Tj ET Q q 0 0 0 rg BT 457.65 334.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 497.06 334.10 Td (to ) Tj ET Q q 0 0 0 rg BT 507.04 334.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 540.91 334.10 Td (biller ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (relationship ) Tj ET Q q 0 0 0 rg BT 99.16 322.10 Td (of ) Tj ET Q q 0 0 0 rg BT 109.44 322.10 Td (EbixCash, ) Tj ET Q q 0 0 0 rg BT 152.77 322.10 Td (and ) Tj ET Q q 0 0 0 rg BT 169.16 322.10 Td (4\) ) Tj ET Q q 0 0 0 rg BT 179.43 322.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 213.59 322.10 Td (the ) Tj ET Q q 0 0 0 rg BT 227.75 322.10 Td (service ) Tj ET Q q 0 0 0 rg BT 258.01 322.10 Td (utilizes ) Tj ET Q q 0 0 0 rg BT 288.84 322.10 Td (a ) Tj ET Q q 0 0 0 rg BT 295.23 322.10 Td (physical ) Tj ET Q q 0 0 0 rg BT 330.50 322.10 Td (agent ) Tj ET Q q 0 0 0 rg BT 354.10 322.10 Td (network ) Tj ET Q q 0 0 0 rg BT 388.82 322.10 Td (of) Tj ET Q q 0 0 0 rg BT 396.97 322.10 Td (fered ) Tj ET Q q 0 0 0 rg BT 419.45 322.10 Td (for ) Tj ET Q q 0 0 0 rg BT 433.06 322.10 Td (consumers) Tj ET Q q 0 0 0 rg BT 478.42 322.10 Td ( ) Tj ET Q q 0 0 0 rg BT 480.37 322.10 Td (convenience, ) Tj ET Q q 0 0 0 rg BT 534.78 322.10 Td (among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (other ) Tj ET Q q 0 0 0 rg BT 74.33 310.10 Td (factors. ) Tj ET Q q 0 0 0 rg BT 107.55 310.10 Td (The ) Tj ET Q q 0 0 0 rg BT 126.88 310.10 Td (determination ) Tj ET Q q 0 0 0 rg BT 186.21 310.10 Td (of ) Tj ET Q q 0 0 0 rg BT 198.32 310.10 Td (which ) Tj ET Q q 0 0 0 rg BT 226.55 310.10 Td (party ) Tj ET Q q 0 0 0 rg BT 250.88 310.10 Td (is ) Tj ET Q q 0 0 0 rg BT 261.33 310.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 303.00 310.10 Td (s ) Tj ET Q q 0 0 0 rg BT 310.68 310.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 351.12 310.10 Td (for ) Tj ET Q q 0 0 0 rg BT 366.56 310.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 401.99 310.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 451.32 310.10 Td (purposes ) Tj ET Q q 0 0 0 rg BT 490.66 310.10 Td (is ) Tj ET Q q 0 0 0 rg BT 501.12 310.10 Td (based ) Tj ET Q q 0 0 0 rg BT 527.67 310.10 Td (on ) Tj ET Q q 0 0 0 rg BT 541.46 310.10 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (considerations ) Tj ET Q q 0 0 0 rg BT 109.67 298.10 Td (for ) Tj ET Q q 0 0 0 rg BT 123.23 298.10 Td (each ) Tj ET Q q 0 0 0 rg BT 143.45 298.10 Td (of ) Tj ET Q q 0 0 0 rg BT 153.68 298.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 195.35 298.10 Td (s ) Tj ET Q q 0 0 0 rg BT 201.14 298.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 216.38 298.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 252.72 298.10 Td (services. ) Tj ET Q q 0 0 0 rg BT 289.33 298.10 Td (For ) Tj ET Q q 0 0 0 rg BT 305.12 298.10 Td (all ) Tj ET Q q 0 0 0 rg BT 317.02 298.10 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 369.19 298.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 410.85 298.10 Td (s ) Tj ET Q q 0 0 0 rg BT 416.65 298.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 459.10 298.10 Td (agree ) Tj ET Q q 0 0 0 rg BT 482.65 298.10 Td (to ) Tj ET Q q 0 0 0 rg BT 492.33 298.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 533.99 298.10 Td (s ) Tj ET Q q 0 0 0 rg BT 539.79 298.10 Td (terms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (and ) Tj ET Q q 0 0 0 rg BT 67.48 286.10 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 114.68 286.10 Td (either ) Tj ET Q q 0 0 0 rg BT 140.49 286.10 Td (at ) Tj ET Q q 0 0 0 rg BT 150.74 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.00 286.10 Td (time ) Tj ET Q q 0 0 0 rg BT 186.81 286.10 Td (of ) Tj ET Q q 0 0 0 rg BT 198.18 286.10 Td (initiating ) Tj ET Q q 0 0 0 rg BT 237.33 286.10 Td (a ) Tj ET Q q 0 0 0 rg BT 244.81 286.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 291.72 286.10 Td (\(where ) Tj ET Q q 0 0 0 rg BT 322.52 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 337.77 286.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 379.69 286.10 Td (is ) Tj ET Q q 0 0 0 rg BT 389.40 286.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 437.42 286.10 Td (to ) Tj ET Q q 0 0 0 rg BT 448.24 286.10 Td (be ) Tj ET Q q 0 0 0 rg BT 460.72 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.97 286.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 515.67 286.10 Td (for ) Tj ET Q q 0 0 0 rg BT 530.37 286.10 Td (revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 98.85 274.10 Td (purposes\) ) Tj ET Q q 0 0 0 rg BT 141.04 274.10 Td (or ) Tj ET Q q 0 0 0 rg BT 152.68 274.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 175.99 274.10 Td (signing ) Tj ET Q q 0 0 0 rg BT 208.75 274.10 Td (a ) Tj ET Q q 0 0 0 rg BT 216.50 274.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 252.01 274.10 Td (with ) Tj ET Q q 0 0 0 rg BT 273.10 274.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 315.29 274.10 Td (to ) Tj ET Q q 0 0 0 rg BT 326.38 274.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 360.24 274.10 Td (services ) Tj ET Q q 0 0 0 rg BT 395.75 274.10 Td (on ) Tj ET Q q 0 0 0 rg BT 409.06 274.10 Td (the ) Tj ET Q q 0 0 0 rg BT 424.59 274.10 Td (biller) Tj ET Q q 0 0 0 rg BT 446.07 274.10 Td () Tj ET Q q 0 0 0 rg BT 448.84 274.10 Td (s ) Tj ET Q q 0 0 0 rg BT 456.04 274.10 Td (behalf ) Tj ET Q q 0 0 0 rg BT 484.34 274.10 Td (\(where ) Tj ET Q q 0 0 0 rg BT 515.41 274.10 Td (the ) Tj ET Q q 0 0 0 rg BT 530.93 274.10 Td (biller ) Tj ET Q q 0 0 0 rg BT 555.35 274.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 96.95 262.10 Td (to ) Tj ET Q q 0 0 0 rg BT 106.69 262.10 Td (be ) Tj ET Q q 0 0 0 rg BT 118.10 262.10 Td (the ) Tj ET Q q 0 0 0 rg BT 132.29 262.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 170.91 262.10 Td (for ) Tj ET Q q 0 0 0 rg BT 184.54 262.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 218.15 262.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 265.66 262.10 Td (purposes\). ) Tj ET Q q 0 0 0 rg BT 308.57 262.10 Td (As ) Tj ET Q q 0 0 0 rg BT 321.66 262.10 Td (with ) Tj ET Q q 0 0 0 rg BT 341.40 262.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 382.25 262.10 Td (money ) Tj ET Q q 0 0 0 rg BT 411.43 262.10 Td (transfers, ) Tj ET Q q 0 0 0 rg BT 450.33 262.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 492.84 262.10 Td (engage ) Tj ET Q q 0 0 0 rg BT 523.13 262.10 Td (EbixCash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.29 250.10 Td (perform ) Tj ET Q q 0 0 0 rg BT 95.01 250.10 Td (one ) Tj ET Q q 0 0 0 rg BT 111.96 250.10 Td (integrated ) Tj ET Q q 0 0 0 rg BT 154.46 250.10 Td (service, ) Tj ET Q q 0 0 0 rg BT 187.79 250.10 Td (collect ) Tj ET Q q 0 0 0 rg BT 216.95 250.10 Td (money ) Tj ET Q q 0 0 0 rg BT 246.68 250.10 Td (from ) Tj ET Q q 0 0 0 rg BT 268.63 250.10 Td (the ) Tj ET Q q 0 0 0 rg BT 283.37 250.10 Td (consumer ) Tj ET Q q 0 0 0 rg BT 324.76 250.10 Td (and ) Tj ET Q q 0 0 0 rg BT 341.71 250.10 Td (process ) Tj ET Q q 0 0 0 rg BT 374.21 250.10 Td (the ) Tj ET Q q 0 0 0 rg BT 388.94 250.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 404.79 250.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 441.74 250.10 Td (transaction, ) Tj ET Q q 0 0 0 rg BT 490.62 250.10 Td (thereby ) Tj ET Q q 0 0 0 rg BT 523.12 250.10 Td (providing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.11 238.10 Td (billers ) Tj ET Q q 0 0 0 rg BT 91.00 238.10 Td (real-time ) Tj ET Q q 0 0 0 rg BT 128.98 238.10 Td (or ) Tj ET Q q 0 0 0 rg BT 139.21 238.10 Td (near ) Tj ET Q q 0 0 0 rg BT 158.31 238.10 Td (real-time ) Tj ET Q q 0 0 0 rg BT 196.29 238.10 Td (information ) Tj ET Q q 0 0 0 rg BT 245.40 238.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 285.61 238.10 Td (their ) Tj ET Q q 0 0 0 rg BT 305.83 238.10 Td (customers) Tj ET Q q 0 0 0 rg BT 348.96 238.10 Td ( ) Tj ET Q q 0 0 0 rg BT 350.86 238.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 391.08 238.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 409.91 238.10 Td (thus, ) Tj ET Q q 0 0 0 rg BT 430.98 238.10 Td (simplifying ) Tj ET Q q 0 0 0 rg BT 478.98 238.10 Td (the ) Tj ET Q q 0 0 0 rg BT 493.10 238.10 Td (billers) Tj ET Q q 0 0 0 rg BT 520.68 238.10 Td ( ) Tj ET Q q 0 0 0 rg BT 522.57 238.10 Td (collection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 226.10 Td (forts. ) Tj ET Q q 0 0 0 rg BT 81.09 226.10 Td (EbixCash) Tj ET Q q 0 0 0 rg BT 122.75 226.10 Td (s ) Tj ET Q q 0 0 0 rg BT 129.32 226.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 167.52 226.10 Td (from ) Tj ET Q q 0 0 0 rg BT 189.63 226.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 205.64 226.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 242.74 226.10 Td (services ) Tj ET Q q 0 0 0 rg BT 277.62 226.10 Td (are ) Tj ET Q q 0 0 0 rg BT 292.50 226.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 334.03 226.10 Td (from ) Tj ET Q q 0 0 0 rg BT 356.14 226.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 394.91 226.10 Td (to ) Tj ET Q q 0 0 0 rg BT 405.36 226.10 Td (process ) Tj ET Q q 0 0 0 rg BT 438.02 226.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 488.45 226.10 Td (at ) Tj ET Q q 0 0 0 rg BT 498.34 226.10 Td (any ) Tj ET Q q 0 0 0 rg BT 515.45 226.10 Td (time ) Tj ET Q q 0 0 0 rg BT 535.89 226.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.64 214.10 Td (duration ) Tj ET Q q 0 0 0 rg BT 98.39 214.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.15 214.10 Td (the ) Tj ET Q q 0 0 0 rg BT 121.79 214.10 Td (contract. ) Tj ET Q q 0 0 0 rg BT 157.81 214.10 Td (The ) Tj ET Q q 0 0 0 rg BT 174.78 214.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 220.08 214.10 Td (price ) Tj ET Q q 0 0 0 rg BT 241.49 214.10 Td (on ) Tj ET Q q 0 0 0 rg BT 252.92 214.10 Td (bill ) Tj ET Q q 0 0 0 rg BT 267.68 214.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 303.53 214.10 Td (services ) Tj ET Q q 0 0 0 rg BT 337.17 214.10 Td (is ) Tj ET Q q 0 0 0 rg BT 345.26 214.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 391.10 214.10 Td (and ) Tj ET Q q 0 0 0 rg BT 406.97 214.10 Td (determinable. ) Tj ET Q q 0 0 0 rg BT 463.09 214.10 Td (Certain ) Tj ET Q q 0 0 0 rg BT 493.95 214.10 Td (biller ) Tj ET Q q 0 0 0 rg BT 516.48 214.10 Td (agreements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (may ) Tj ET Q q 0 0 0 rg BT 69.72 202.10 Td (include ) Tj ET Q q 0 0 0 rg BT 101.65 202.10 Td (per) Tj ET Q q 0 0 0 rg BT 114.22 202.10 Td (-transaction ) Tj ET Q q 0 0 0 rg BT 163.92 202.10 Td (or ) Tj ET Q q 0 0 0 rg BT 174.75 202.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 197.80 202.10 Td (periodic ) Tj ET Q q 0 0 0 rg BT 233.06 202.10 Td (rebates, ) Tj ET Q q 0 0 0 rg BT 266.38 202.10 Td (which ) Tj ET Q q 0 0 0 rg BT 293.32 202.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 334.70 202.10 Td (records ) Tj ET Q q 0 0 0 rg BT 366.63 202.10 Td (as ) Tj ET Q q 0 0 0 rg BT 377.46 202.10 Td (a ) Tj ET Q q 0 0 0 rg BT 384.40 202.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 424.66 202.10 Td (to ) Tj ET Q q 0 0 0 rg BT 434.94 202.10 Td (revenue.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Gift ) Tj ET Q q 0 0 0 rg BT 68.06 178.10 Td (Car) Tj ET Q q 0 0 0 rg BT 83.25 178.10 Td (ds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 154.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 128.12 154.10 Td (resells ) Tj ET Q q 0 0 0 rg BT 156.89 154.10 Td (gift ) Tj ET Q q 0 0 0 rg BT 174.01 154.10 Td (cards ) Tj ET Q q 0 0 0 rg BT 198.34 154.10 Td (to ) Tj ET Q q 0 0 0 rg BT 209.35 154.10 Td (consumers ) Tj ET Q q 0 0 0 rg BT 255.35 154.10 Td (that ) Tj ET Q q 0 0 0 rg BT 273.57 154.10 Td (can ) Tj ET Q q 0 0 0 rg BT 290.68 154.10 Td (be ) Tj ET Q q 0 0 0 rg BT 303.35 154.10 Td (later ) Tj ET Q q 0 0 0 rg BT 324.34 154.10 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 366.43 154.10 Td (at ) Tj ET Q q 0 0 0 rg BT 376.88 154.10 Td (various ) Tj ET Q q 0 0 0 rg BT 409.55 154.10 Td (merchants. ) Tj ET Q q 0 0 0 rg BT 456.37 154.10 Td (Gift ) Tj ET Q q 0 0 0 rg BT 475.71 154.10 Td (cards ) Tj ET Q q 0 0 0 rg BT 500.04 154.10 Td (are ) Tj ET Q q 0 0 0 rg BT 515.48 154.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 553.68 154.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (inventory ) Tj ET Q q 0 0 0 rg BT 89.95 142.10 Td (until ) Tj ET Q q 0 0 0 rg BT 109.91 142.10 Td (sold ) Tj ET Q q 0 0 0 rg BT 128.21 142.10 Td (to ) Tj ET Q q 0 0 0 rg BT 137.61 142.10 Td (the ) Tj ET Q q 0 0 0 rg BT 151.46 142.10 Td (consumer) Tj ET Q q 0 0 0 rg BT 189.78 142.10 Td (. ) Tj ET Q q 0 0 0 rg BT 193.91 142.10 Td (Gift ) Tj ET Q q 0 0 0 rg BT 211.64 142.10 Td (card ) Tj ET Q q 0 0 0 rg BT 230.47 142.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 263.75 142.10 Td (is ) Tj ET Q q 0 0 0 rg BT 272.04 142.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 317.53 142.10 Td (at ) Tj ET Q q 0 0 0 rg BT 326.37 142.10 Td (full ) Tj ET Q q 0 0 0 rg BT 341.88 142.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 379.05 142.10 Td (value ) Tj ET Q q 0 0 0 rg BT 402.33 142.10 Td (at ) Tj ET Q q 0 0 0 rg BT 411.17 142.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.01 142.10 Td (time ) Tj ET Q q 0 0 0 rg BT 444.41 142.10 Td (of ) Tj ET Q q 0 0 0 rg BT 454.37 142.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 471.54 142.10 Td (with ) Tj ET Q q 0 0 0 rg BT 490.95 142.10 Td (the ) Tj ET Q q 0 0 0 rg BT 504.79 142.10 Td (corresponding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 68.61 130.10 Td (of ) Tj ET Q q 0 0 0 rg BT 79.44 130.10 Td (vouchers ) Tj ET Q q 0 0 0 rg BT 118.04 130.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 155.51 130.10 Td (as ) Tj ET Q q 0 0 0 rg BT 166.34 130.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 184.95 130.10 Td (of ) Tj ET Q q 0 0 0 rg BT 195.78 130.10 Td (services ) Tj ET Q q 0 0 0 rg BT 230.49 130.10 Td (provided.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 91.39 106.10 Td (T) Tj ET Q q 0 0 0 rg BT 96.03 106.10 Td (echnology ) Tj ET Q q 0 0 0 rg BT 139.62 106.10 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 82.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 127.92 82.10 Td (also ) Tj ET Q q 0 0 0 rg BT 147.06 82.10 Td (of) Tj ET Q q 0 0 0 rg BT 155.21 82.10 Td (fers ) Tj ET Q q 0 0 0 rg BT 173.24 82.10 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 221.25 82.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 268.72 82.10 Td (to ) Tj ET Q q 0 0 0 rg BT 279.53 82.10 Td (various ) Tj ET Q q 0 0 0 rg BT 312.01 82.10 Td (providers ) Tj ET Q q 0 0 0 rg BT 352.81 82.10 Td (in ) Tj ET Q q 0 0 0 rg BT 363.62 82.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.87 82.10 Td (area ) Tj ET Q q 0 0 0 rg BT 398.55 82.10 Td (of ) Tj ET Q q 0 0 0 rg BT 409.91 82.10 Td (lending, ) Tj ET Q q 0 0 0 rg BT 445.44 82.10 Td (wealth ) Tj ET Q q 0 0 0 rg BT 475.13 82.10 Td (& ) Tj ET Q q 0 0 0 rg BT 485.94 82.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 508.42 82.10 Td (management, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 75.26 70.10 Td (and ) Tj ET Q q 0 0 0 rg BT 92.20 70.10 Td (logistics ) Tj ET Q q 0 0 0 rg BT 128.04 70.10 Td (across ) Tj ET Q q 0 0 0 rg BT 155.53 70.10 Td (the ) Tj ET Q q 0 0 0 rg BT 170.24 70.10 Td (world.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.07 70.10 Td ( ) Tj ET Q endstream endobj 89 0 obj <>] /Rotate 0 /Contents 90 0 R>> endobj 90 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (42) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 740.68505859375 m 140.8447265625 740.68505859375 l s q 0 0 0 rg BT 50.00 742.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 95.28 742.25 Td (Exchanges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 718.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 126.78 718.25 Td (Exchanges ) Tj ET Q q 0 0 0 rg BT 172.01 718.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 209.45 718.25 Td (are ) Tj ET Q q 0 0 0 rg BT 223.57 718.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 262.70 718.25 Td (derived ) Tj ET Q q 0 0 0 rg BT 294.59 718.25 Td (from ) Tj ET Q q 0 0 0 rg BT 315.94 718.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 371.73 718.25 Td (paid ) Tj ET Q q 0 0 0 rg BT 390.86 718.25 Td (by ) Tj ET Q q 0 0 0 rg BT 402.77 718.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 445.23 718.25 Td (related ) Tj ET Q q 0 0 0 rg BT 474.34 718.25 Td (to ) Tj ET Q q 0 0 0 rg BT 484.03 718.25 Td (our ) Tj ET Q q 0 0 0 rg BT 499.27 718.25 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 521.18 718.25 Td (platforms, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (related ) Tj ET Q q 0 0 0 rg BT 80.96 706.25 Td (services ) Tj ET Q q 0 0 0 rg BT 116.92 706.25 Td (and ) Tj ET Q q 0 0 0 rg BT 135.11 706.25 Td (the ) Tj ET Q q 0 0 0 rg BT 151.08 706.25 Td (licensing ) Tj ET Q q 0 0 0 rg BT 190.94 706.25 Td (of ) Tj ET Q q 0 0 0 rg BT 203.02 706.25 Td (software. ) Tj ET Q q 0 0 0 rg BT 242.88 706.25 Td (A) Tj ET Q q 0 0 0 rg BT 249.55 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 253.30 706.25 Td (typical ) Tj ET Q q 0 0 0 rg BT 284.27 706.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 320.22 706.25 Td (for ) Tj ET Q q 0 0 0 rg BT 335.64 706.25 Td (our ) Tj ET Q q 0 0 0 rg BT 352.72 706.25 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 376.47 706.25 Td (platform ) Tj ET Q q 0 0 0 rg BT 414.66 706.25 Td (will ) Tj ET Q q 0 0 0 rg BT 433.97 706.25 Td (also ) Tj ET Q q 0 0 0 rg BT 453.83 706.25 Td (include ) Tj ET Q q 0 0 0 rg BT 487.02 706.25 Td (services ) Tj ET Q q 0 0 0 rg BT 522.98 706.25 Td (for ) Tj ET Q q 0 0 0 rg BT 538.40 706.25 Td (setup, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (customization, ) Tj ET Q q 0 0 0 rg BT 111.46 694.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 158.20 694.25 Td (processing, ) Tj ET Q q 0 0 0 rg BT 206.33 694.25 Td (maintenance, ) Tj ET Q q 0 0 0 rg BT 262.23 694.25 Td (and/or ) Tj ET Q q 0 0 0 rg BT 290.64 694.25 Td (hosting. ) Tj ET Q q 0 0 0 rg BT 325.45 694.25 Td (Determining ) Tj ET Q q 0 0 0 rg BT 378.86 694.25 Td (whether ) Tj ET Q q 0 0 0 rg BT 413.93 694.25 Td (products ) Tj ET Q q 0 0 0 rg BT 451.24 694.25 Td (and ) Tj ET Q q 0 0 0 rg BT 468.54 694.25 Td (services ) Tj ET Q q 0 0 0 rg BT 503.61 694.25 Td (are ) Tj ET Q q 0 0 0 rg BT 518.68 694.25 Td (considered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (distinct ) Tj ET Q q 0 0 0 rg BT 80.72 682.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 132.51 682.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 178.23 682.25 Td (that ) Tj ET Q q 0 0 0 rg BT 194.50 682.25 Td (should ) Tj ET Q q 0 0 0 rg BT 222.44 682.25 Td (be ) Tj ET Q q 0 0 0 rg BT 233.15 682.25 Td (accounted ) Tj ET Q q 0 0 0 rg BT 274.96 682.25 Td (for ) Tj ET Q q 0 0 0 rg BT 287.89 682.25 Td (separately ) Tj ET Q q 0 0 0 rg BT 329.70 682.25 Td (may ) Tj ET Q q 0 0 0 rg BT 348.19 682.25 Td (require ) Tj ET Q q 0 0 0 rg BT 377.78 682.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 421.26 682.25 Td (judgment. ) Tj ET Q q 0 0 0 rg BT 462.81 682.25 Td (Set-up ) Tj ET Q q 0 0 0 rg BT 490.19 682.25 Td (and ) Tj ET Q q 0 0 0 rg BT 505.90 682.25 Td (customization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (services ) Tj ET Q q 0 0 0 rg BT 84.36 670.25 Td (related ) Tj ET Q q 0 0 0 rg BT 113.72 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 123.65 670.25 Td (our ) Tj ET Q q 0 0 0 rg BT 139.13 670.25 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 161.28 670.25 Td (platforms ) Tj ET Q q 0 0 0 rg BT 201.76 670.25 Td (are ) Tj ET Q q 0 0 0 rg BT 216.12 670.25 Td (not ) Tj ET Q q 0 0 0 rg BT 231.05 670.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 276.52 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 286.46 670.25 Td (be ) Tj ET Q q 0 0 0 rg BT 298.05 670.25 Td (distinct ) Tj ET Q q 0 0 0 rg BT 329.64 670.25 Td (from ) Tj ET Q q 0 0 0 rg BT 351.24 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 365.61 670.25 Td (usage ) Tj ET Q q 0 0 0 rg BT 390.53 670.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 408.78 670.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 452.03 670.25 Td (with ) Tj ET Q q 0 0 0 rg BT 471.96 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 486.33 670.25 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 508.48 670.25 Td (platform ) Tj ET Q q 0 0 0 rg BT 545.07 670.25 Td (and, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (accordingly) Tj ET Q q 0 0 0 rg BT 96.55 658.25 Td (, ) Tj ET Q q 0 0 0 rg BT 101.94 658.25 Td (are ) Tj ET Q q 0 0 0 rg BT 117.03 658.25 Td (accounted ) Tj ET Q q 0 0 0 rg BT 160.45 658.25 Td (for ) Tj ET Q q 0 0 0 rg BT 175.00 658.25 Td (as ) Tj ET Q q 0 0 0 rg BT 186.22 658.25 Td (a ) Tj ET Q q 0 0 0 rg BT 193.54 658.25 Td (single ) Tj ET Q q 0 0 0 rg BT 220.32 658.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 273.73 658.25 Td (obligation. ) Tj ET Q q 0 0 0 rg BT 319.46 658.25 Td (These ) Tj ET Q q 0 0 0 rg BT 346.22 658.25 Td (services, ) Tj ET Q q 0 0 0 rg BT 383.82 658.25 Td (along ) Tj ET Q q 0 0 0 rg BT 408.92 658.25 Td (with ) Tj ET Q q 0 0 0 rg BT 429.59 658.25 Td (the ) Tj ET Q q 0 0 0 rg BT 444.69 658.25 Td (usage ) Tj ET Q q 0 0 0 rg BT 470.35 658.25 Td (or ) Tj ET Q q 0 0 0 rg BT 481.56 658.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 528.32 658.25 Td (fees, ) Tj ET Q q 0 0 0 rg BT 549.81 658.25 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 95.88 646.25 Td (over ) Tj ET Q q 0 0 0 rg BT 115.66 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 129.89 646.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 164.10 646.25 Td (duration, ) Tj ET Q q 0 0 0 rg BT 201.94 646.25 Td (which ) Tj ET Q q 0 0 0 rg BT 228.39 646.25 Td (considers ) Tj ET Q q 0 0 0 rg BT 268.17 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 282.40 646.25 Td (significance ) Tj ET Q q 0 0 0 rg BT 332.73 646.25 Td (of ) Tj ET Q q 0 0 0 rg BT 343.07 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 357.30 646.25 Td (upfront ) Tj ET Q q 0 0 0 rg BT 388.75 646.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 406.86 646.25 Td (in ) Tj ET Q q 0 0 0 rg BT 416.66 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 430.89 646.25 Td (context ) Tj ET Q q 0 0 0 rg BT 462.33 646.25 Td (of ) Tj ET Q q 0 0 0 rg BT 472.68 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 486.91 646.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 521.12 646.25 Td (and ) Tj ET Q q 0 0 0 rg BT 537.57 646.25 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (may) Tj ET Q q 0 0 0 rg BT 66.57 634.25 Td (, ) Tj ET Q q 0 0 0 rg BT 71.99 634.25 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 113.50 634.25 Td (exceed ) Tj ET Q q 0 0 0 rg BT 144.18 634.25 Td (the ) Tj ET Q q 0 0 0 rg BT 159.32 634.25 Td (initial ) Tj ET Q q 0 0 0 rg BT 185.58 634.25 Td (contracted ) Tj ET Q q 0 0 0 rg BT 230.14 634.25 Td (term. ) Tj ET Q q 0 0 0 rg BT 253.25 634.25 Td (A) Tj ET Q q 0 0 0 rg BT 259.92 634.25 Td ( ) Tj ET Q q 0 0 0 rg BT 262.84 634.25 Td (customer's ) Tj ET Q q 0 0 0 rg BT 308.11 634.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 354.91 634.25 Td (volume ) Tj ET Q q 0 0 0 rg BT 387.83 634.25 Td (tends ) Tj ET Q q 0 0 0 rg BT 411.86 634.25 Td (to ) Tj ET Q q 0 0 0 rg BT 422.57 634.25 Td (remain ) Tj ET Q q 0 0 0 rg BT 453.26 634.25 Td (fairly ) Tj ET Q q 0 0 0 rg BT 477.84 634.25 Td (consistent ) Tj ET Q q 0 0 0 rg BT 520.76 634.25 Td (during ) Tj ET Q q 0 0 0 rg BT 549.79 634.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 84.45 622.25 Td (period ) Tj ET Q q 0 0 0 rg BT 112.24 622.25 Td (without ) Tj ET Q q 0 0 0 rg BT 145.04 622.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 189.50 622.25 Td (fluctuations. ) Tj ET Q q 0 0 0 rg BT 241.29 622.25 Td (The ) Tj ET Q q 0 0 0 rg BT 259.08 622.25 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 295.76 622.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 328.00 622.25 Td (is ) Tj ET Q q 0 0 0 rg BT 336.92 622.25 Td (a ) Tj ET Q q 0 0 0 rg BT 343.60 622.25 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 388.60 622.25 Td (approximation ) Tj ET Q q 0 0 0 rg BT 449.17 622.25 Td (of ) Tj ET Q q 0 0 0 rg BT 459.74 622.25 Td (the ) Tj ET Q q 0 0 0 rg BT 474.20 622.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 508.09 622.25 Td (that ) Tj ET Q q 0 0 0 rg BT 525.33 622.25 Td (would ) Tj ET Q q 0 0 0 rg BT 552.58 622.25 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (allocated ) Tj ET Q q 0 0 0 rg BT 88.10 610.25 Td (to ) Tj ET Q q 0 0 0 rg BT 97.89 610.25 Td (the ) Tj ET Q q 0 0 0 rg BT 112.11 610.25 Td (related ) Tj ET Q q 0 0 0 rg BT 141.32 610.25 Td (period ) Tj ET Q q 0 0 0 rg BT 168.88 610.25 Td (under ) Tj ET Q q 0 0 0 rg BT 193.66 610.25 Td (the ) Tj ET Q q 0 0 0 rg BT 207.88 610.25 Td (variable ) Tj ET Q q 0 0 0 rg BT 242.09 610.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 297.98 610.25 Td (guidelines ) Tj ET Q q 0 0 0 rg BT 341.09 610.25 Td (in ) Tj ET Q q 0 0 0 rg BT 350.43 610.25 Td (ASC ) Tj ET Q q 0 0 0 rg BT 371.90 610.25 Td (606-10-32-40. ) Tj ET Q q 0 0 0 rg BT 431.25 610.25 Td (T) Tj ET Q q 0 0 0 rg BT 436.66 610.25 Td (o ) Tj ET Q q 0 0 0 rg BT 443.67 610.25 Td (the ) Tj ET Q q 0 0 0 rg BT 457.90 610.25 Td (extent ) Tj ET Q q 0 0 0 rg BT 484.34 610.25 Td (that ) Tj ET Q q 0 0 0 rg BT 501.34 610.25 Td (a ) Tj ET Q q 0 0 0 rg BT 507.79 610.25 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 529.80 610.25 Td (contract ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (includes ) Tj ET Q q 0 0 0 rg BT 87.41 598.25 Td (subscription ) Tj ET Q q 0 0 0 rg BT 140.38 598.25 Td (services ) Tj ET Q q 0 0 0 rg BT 176.67 598.25 Td (or ) Tj ET Q q 0 0 0 rg BT 189.08 598.25 Td (professional ) Tj ET Q q 0 0 0 rg BT 242.04 598.25 Td (services, ) Tj ET Q q 0 0 0 rg BT 280.83 598.25 Td (apart ) Tj ET Q q 0 0 0 rg BT 304.90 598.25 Td (from ) Tj ET Q q 0 0 0 rg BT 328.42 598.25 Td (the ) Tj ET Q q 0 0 0 rg BT 344.73 598.25 Td (upfront ) Tj ET Q q 0 0 0 rg BT 378.25 598.25 Td (customization, ) Tj ET Q q 0 0 0 rg BT 440.93 598.25 Td (these ) Tj ET Q q 0 0 0 rg BT 465.56 598.25 Td (are ) Tj ET Q q 0 0 0 rg BT 481.85 598.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 529.25 598.25 Td (separate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 102.37 586.25 Td (obligations. ) Tj ET Q q 0 0 0 rg BT 151.15 586.25 Td ( ) Tj ET Q q 0 0 0 rg BT 152.86 586.25 Td (W) Tj ET Q q 0 0 0 rg BT 161.50 586.25 Td (e ) Tj ET Q q 0 0 0 rg BT 167.78 586.25 Td (also ) Tj ET Q q 0 0 0 rg BT 185.73 586.25 Td (have ) Tj ET Q q 0 0 0 rg BT 206.45 586.25 Td (separate ) Tj ET Q q 0 0 0 rg BT 241.05 586.25 Td (software ) Tj ET Q q 0 0 0 rg BT 277.32 586.25 Td (licensing ) Tj ET Q q 0 0 0 rg BT 315.27 586.25 Td (\(on ) Tj ET Q q 0 0 0 rg BT 330.44 586.25 Td (premise/perpetual\), ) Tj ET Q q 0 0 0 rg BT 409.75 586.25 Td (unrelated ) Tj ET Q q 0 0 0 rg BT 448.80 586.25 Td (to ) Tj ET Q q 0 0 0 rg BT 458.42 586.25 Td (our ) Tj ET Q q 0 0 0 rg BT 473.59 586.25 Td (SasS ) Tj ET Q q 0 0 0 rg BT 494.89 586.25 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 537.56 586.25 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (is ) Tj ET Q q 0 0 0 rg BT 59.17 574.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 105.53 574.25 Td (at ) Tj ET Q q 0 0 0 rg BT 115.25 574.25 Td (a ) Tj ET Q q 0 0 0 rg BT 122.19 574.25 Td (point ) Tj ET Q q 0 0 0 rg BT 145.24 574.25 Td (in ) Tj ET Q q 0 0 0 rg BT 155.52 574.25 Td (time ) Tj ET Q q 0 0 0 rg BT 175.80 574.25 Td (when ) Tj ET Q q 0 0 0 rg BT 199.96 574.25 Td (the ) Tj ET Q q 0 0 0 rg BT 214.67 574.25 Td (license ) Tj ET Q q 0 0 0 rg BT 244.94 574.25 Td (is ) Tj ET Q q 0 0 0 rg BT 254.11 574.25 Td (transferred ) Tj ET Q q 0 0 0 rg BT 299.91 574.25 Td (to ) Tj ET Q q 0 0 0 rg BT 310.19 574.25 Td (the ) Tj ET Q q 0 0 0 rg BT 324.91 574.25 Td (customer) Tj ET Q q 0 0 0 rg BT 361.01 574.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 552.25 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 127.23 552.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 167.34 552.25 Td (do ) Tj ET Q q 0 0 0 rg BT 180.24 552.25 Td (not ) Tj ET Q q 0 0 0 rg BT 195.92 552.25 Td (contain ) Tj ET Q q 0 0 0 rg BT 228.26 552.25 Td (a ) Tj ET Q q 0 0 0 rg BT 235.60 552.25 Td (right ) Tj ET Q q 0 0 0 rg BT 257.39 552.25 Td (of ) Tj ET Q q 0 0 0 rg BT 268.63 552.25 Td (return ) Tj ET Q q 0 0 0 rg BT 295.41 552.25 Td (or ) Tj ET Q q 0 0 0 rg BT 306.64 552.25 Td (refund ) Tj ET Q q 0 0 0 rg BT 335.65 552.25 Td (provisions. ) Tj ET Q q 0 0 0 rg BT 382.72 552.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 401.18 552.25 Td (contracts ) Tj ET Q q 0 0 0 rg BT 440.18 552.25 Td (often ) Tj ET Q q 0 0 0 rg BT 463.63 552.25 Td (do ) Tj ET Q q 0 0 0 rg BT 476.53 552.25 Td (contain ) Tj ET Q q 0 0 0 rg BT 508.87 552.25 Td (overage ) Tj ET Q q 0 0 0 rg BT 543.42 552.25 Td (fees, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 95.48 540.25 Td (fees, ) Tj ET Q q 0 0 0 rg BT 117.35 540.25 Td (or ) Tj ET Q q 0 0 0 rg BT 128.95 540.25 Td (service ) Tj ET Q q 0 0 0 rg BT 160.53 540.25 Td (level ) Tj ET Q q 0 0 0 rg BT 183.23 540.25 Td (penalties ) Tj ET Q q 0 0 0 rg BT 222.05 540.25 Td (that ) Tj ET Q q 0 0 0 rg BT 240.31 540.25 Td (are ) Tj ET Q q 0 0 0 rg BT 255.79 540.25 Td (accounted ) Tj ET Q q 0 0 0 rg BT 299.59 540.25 Td (for ) Tj ET Q q 0 0 0 rg BT 314.52 540.25 Td (as ) Tj ET Q q 0 0 0 rg BT 326.12 540.25 Td (variable ) Tj ET Q q 0 0 0 rg BT 361.59 540.25 Td (consideration. ) Tj ET Q q 0 0 0 rg BT 421.23 540.25 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 459.48 540.25 Td (accounted ) Tj ET Q q 0 0 0 rg BT 503.28 540.25 Td (for ) Tj ET Q q 0 0 0 rg BT 518.21 540.25 Td (as ) Tj ET Q q 0 0 0 rg BT 529.81 540.25 Td (variable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 106.35 528.25 Td (is ) Tj ET Q q 0 0 0 rg BT 115.50 528.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 161.85 528.25 Td (using ) Tj ET Q q 0 0 0 rg BT 186.00 528.25 Td (the ) Tj ET Q q 0 0 0 rg BT 200.69 528.25 Td (right ) Tj ET Q q 0 0 0 rg BT 226.50 528.25 Td (to ) Tj ET Q q 0 0 0 rg BT 236.76 528.25 Td (invoice ) Tj ET Q q 0 0 0 rg BT 273.11 528.25 Td (practical ) Tj ET Q q 0 0 0 rg BT 310.01 528.25 Td (expedient ) Tj ET Q q 0 0 0 rg BT 351.36 528.25 Td (when ) Tj ET Q q 0 0 0 rg BT 375.50 528.25 Td (the ) Tj ET Q q 0 0 0 rg BT 390.20 528.25 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 427.11 528.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 459.59 528.25 Td (equals ) Tj ET Q q 0 0 0 rg BT 487.62 528.25 Td (the ) Tj ET Q q 0 0 0 rg BT 502.31 528.25 Td (value ) Tj ET Q q 0 0 0 rg BT 526.45 528.25 Td (provided ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 516.25 Td (to ) Tj ET Q q 0 0 0 rg BT 60.28 516.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.00 516.25 Td (customer) Tj ET Q q 0 0 0 rg BT 111.10 516.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 494.25 Td (Softwar) Tj ET Q q 0 0 0 rg BT 80.75 494.25 Td (e-as-a-Service ) Tj ET Q q 0 0 0 rg BT 140.99 494.25 Td (\("SaaS"\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 470.25 Td (The ) Tj ET Q q 0 0 0 rg BT 103.37 470.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 144.07 470.25 Td (allocates ) Tj ET Q q 0 0 0 rg BT 180.87 470.25 Td (the ) Tj ET Q q 0 0 0 rg BT 194.91 470.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 240.60 470.25 Td (price ) Tj ET Q q 0 0 0 rg BT 262.40 470.25 Td (to ) Tj ET Q q 0 0 0 rg BT 272.00 470.25 Td (each ) Tj ET Q q 0 0 0 rg BT 292.13 470.25 Td (distinct ) Tj ET Q q 0 0 0 rg BT 323.40 470.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 375.74 470.25 Td (obligation ) Tj ET Q q 0 0 0 rg BT 418.11 470.25 Td (using ) Tj ET Q q 0 0 0 rg BT 441.60 470.25 Td (the ) Tj ET Q q 0 0 0 rg BT 455.63 470.25 Td (relative ) Tj ET Q q 0 0 0 rg BT 487.43 470.25 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 535.34 470.25 Td (selling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.25 Td (price. ) Tj ET Q q 0 0 0 rg BT 75.27 458.25 Td (Determining ) Tj ET Q q 0 0 0 rg BT 128.60 458.25 Td (the ) Tj ET Q q 0 0 0 rg BT 143.61 458.25 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 192.49 458.25 Td (selling ) Tj ET Q q 0 0 0 rg BT 221.94 458.25 Td (price ) Tj ET Q q 0 0 0 rg BT 244.71 458.25 Td (may ) Tj ET Q q 0 0 0 rg BT 264.71 458.25 Td (require ) Tj ET Q q 0 0 0 rg BT 295.82 458.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 340.82 458.25 Td (judgement. ) Tj ET Q q 0 0 0 rg BT 388.11 458.25 Td (The ) Tj ET Q q 0 0 0 rg BT 406.45 458.25 Td (stand-alone ) Tj ET Q q 0 0 0 rg BT 455.33 458.25 Td (selling ) Tj ET Q q 0 0 0 rg BT 484.78 458.25 Td (price ) Tj ET Q q 0 0 0 rg BT 507.55 458.25 Td (is ) Tj ET Q q 0 0 0 rg BT 517.01 458.25 Td (the ) Tj ET Q q 0 0 0 rg BT 532.01 458.25 Td (price ) Tj ET Q q 0 0 0 rg BT 554.79 458.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (which ) Tj ET Q q 0 0 0 rg BT 77.00 446.25 Td (an ) Tj ET Q q 0 0 0 rg BT 88.99 446.25 Td (entity ) Tj ET Q q 0 0 0 rg BT 114.32 446.25 Td (has ) Tj ET Q q 0 0 0 rg BT 130.21 446.25 Td (sold ) Tj ET Q q 0 0 0 rg BT 149.44 446.25 Td (or ) Tj ET Q q 0 0 0 rg BT 160.33 446.25 Td (would ) Tj ET Q q 0 0 0 rg BT 187.88 446.25 Td (sell ) Tj ET Q q 0 0 0 rg BT 204.33 446.25 Td (a ) Tj ET Q q 0 0 0 rg BT 211.32 446.25 Td (promised ) Tj ET Q q 0 0 0 rg BT 251.10 446.25 Td (good ) Tj ET Q q 0 0 0 rg BT 273.66 446.25 Td (or ) Tj ET Q q 0 0 0 rg BT 284.54 446.25 Td (service ) Tj ET Q q 0 0 0 rg BT 315.42 446.25 Td (separately ) Tj ET Q q 0 0 0 rg BT 358.51 446.25 Td (to ) Tj ET Q q 0 0 0 rg BT 368.84 446.25 Td (a ) Tj ET Q q 0 0 0 rg BT 375.84 446.25 Td (customer) Tj ET Q q 0 0 0 rg BT 411.94 446.25 Td (. ) Tj ET Q q 0 0 0 rg BT 416.81 446.25 Td (The ) Tj ET Q q 0 0 0 rg BT 434.92 446.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 476.36 446.25 Td (determines ) Tj ET Q q 0 0 0 rg BT 522.79 446.25 Td (the ) Tj ET Q q 0 0 0 rg BT 537.57 446.25 Td (stand-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.25 Td (alone ) Tj ET Q q 0 0 0 rg BT 73.95 434.25 Td (selling ) Tj ET Q q 0 0 0 rg BT 102.92 434.25 Td (price ) Tj ET Q q 0 0 0 rg BT 125.20 434.25 Td (based ) Tj ET Q q 0 0 0 rg BT 150.26 434.25 Td (on ) Tj ET Q q 0 0 0 rg BT 162.56 434.25 Td (the ) Tj ET Q q 0 0 0 rg BT 177.08 434.25 Td (observable ) Tj ET Q q 0 0 0 rg BT 222.69 434.25 Td (price ) Tj ET Q q 0 0 0 rg BT 244.97 434.25 Td (of ) Tj ET Q q 0 0 0 rg BT 255.60 434.25 Td (products ) Tj ET Q q 0 0 0 rg BT 292.33 434.25 Td (or ) Tj ET Q q 0 0 0 rg BT 302.96 434.25 Td (services ) Tj ET Q q 0 0 0 rg BT 337.47 434.25 Td (sold ) Tj ET Q q 0 0 0 rg BT 356.43 434.25 Td (separately ) Tj ET Q q 0 0 0 rg BT 399.26 434.25 Td (in ) Tj ET Q q 0 0 0 rg BT 409.34 434.25 Td (comparable ) Tj ET Q q 0 0 0 rg BT 458.28 434.25 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 519.71 434.25 Td (when ) Tj ET Q q 0 0 0 rg BT 543.67 434.25 Td (such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.25 Td (observable ) Tj ET Q q 0 0 0 rg BT 95.72 422.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 122.00 422.25 Td (are ) Tj ET Q q 0 0 0 rg BT 136.61 422.25 Td (available. ) Tj ET Q q 0 0 0 rg BT 177.43 422.25 Td (When ) Tj ET Q q 0 0 0 rg BT 203.72 422.25 Td (standalone ) Tj ET Q q 0 0 0 rg BT 248.88 422.25 Td (selling ) Tj ET Q q 0 0 0 rg BT 277.95 422.25 Td (price ) Tj ET Q q 0 0 0 rg BT 300.34 422.25 Td (is ) Tj ET Q q 0 0 0 rg BT 309.42 422.25 Td (not ) Tj ET Q q 0 0 0 rg BT 324.60 422.25 Td (directly ) Tj ET Q q 0 0 0 rg BT 357.55 422.25 Td (observable, ) Tj ET Q q 0 0 0 rg BT 405.77 422.25 Td (the ) Tj ET Q q 0 0 0 rg BT 420.39 422.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 461.68 422.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 501.30 422.25 Td (the ) Tj ET Q q 0 0 0 rg BT 515.92 422.25 Td (stand-alone ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (selling ) Tj ET Q q 0 0 0 rg BT 79.17 410.25 Td (price ) Tj ET Q q 0 0 0 rg BT 101.65 410.25 Td (using ) Tj ET Q q 0 0 0 rg BT 125.82 410.25 Td (the ) Tj ET Q q 0 0 0 rg BT 140.54 410.25 Td (market ) Tj ET Q q 0 0 0 rg BT 170.80 410.25 Td (assessment ) Tj ET Q q 0 0 0 rg BT 217.74 410.25 Td (approach ) Tj ET Q q 0 0 0 rg BT 256.88 410.25 Td (by ) Tj ET Q q 0 0 0 rg BT 269.38 410.25 Td (considering ) Tj ET Q q 0 0 0 rg BT 318.54 410.25 Td (historical ) Tj ET Q q 0 0 0 rg BT 358.25 410.25 Td (pricing ) Tj ET Q q 0 0 0 rg BT 389.08 410.25 Td (and ) Tj ET Q q 0 0 0 rg BT 406.02 410.25 Td (other ) Tj ET Q q 0 0 0 rg BT 429.06 410.25 Td (market ) Tj ET Q q 0 0 0 rg BT 459.33 410.25 Td (factors.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 386.25 Td (Softwar) Tj ET Q q 0 0 0 rg BT 80.75 386.25 Td (e ) Tj ET Q q 0 0 0 rg BT 87.69 386.25 Td (Licenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 364.25 Td (Software ) Tj ET Q q 0 0 0 rg BT 124.81 364.25 Td (license ) Tj ET Q q 0 0 0 rg BT 155.29 364.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 193.54 364.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 241.80 364.25 Td (to ) Tj ET Q q 0 0 0 rg BT 252.29 364.25 Td (a ) Tj ET Q q 0 0 0 rg BT 259.44 364.25 Td (software ) Tj ET Q q 0 0 0 rg BT 296.59 364.25 Td (license ) Tj ET Q q 0 0 0 rg BT 327.06 364.25 Td (that ) Tj ET Q q 0 0 0 rg BT 344.77 364.25 Td (is ) Tj ET Q q 0 0 0 rg BT 354.16 364.25 Td (a ) Tj ET Q q 0 0 0 rg BT 361.31 364.25 Td (separate ) Tj ET Q q 0 0 0 rg BT 396.78 364.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 450.02 364.25 Td (obligation ) Tj ET Q q 0 0 0 rg BT 493.29 364.25 Td (are ) Tj ET Q q 0 0 0 rg BT 508.21 364.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 554.78 364.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 352.25 Td (point ) Tj ET Q q 0 0 0 rg BT 87.77 352.25 Td (in ) Tj ET Q q 0 0 0 rg BT 98.05 352.25 Td (time ) Tj ET Q q 0 0 0 rg BT 118.33 352.25 Td (that ) Tj ET Q q 0 0 0 rg BT 135.82 352.25 Td (the ) Tj ET Q q 0 0 0 rg BT 150.54 352.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 189.69 352.25 Td (obtains ) Tj ET Q q 0 0 0 rg BT 221.08 352.25 Td (control ) Tj ET Q q 0 0 0 rg BT 251.90 352.25 Td (of ) Tj ET Q q 0 0 0 rg BT 262.73 352.25 Td (the ) Tj ET Q q 0 0 0 rg BT 277.45 352.25 Td (license.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 330.25 Td (Subscription ) Tj ET Q q 0 0 0 rg BT 103.06 330.25 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 306.25 Td (Subscription ) Tj ET Q q 0 0 0 rg BT 139.06 306.25 Td (services ) Tj ET Q q 0 0 0 rg BT 173.77 306.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 211.81 306.25 Td (are ) Tj ET Q q 0 0 0 rg BT 226.52 306.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 270.12 306.25 Td (with ) Tj ET Q q 0 0 0 rg BT 290.40 306.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 343.43 306.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 390.38 306.25 Td (that ) Tj ET Q q 0 0 0 rg BT 407.88 306.25 Td (are ) Tj ET Q q 0 0 0 rg BT 422.59 306.25 Td (satisfied ) Tj ET Q q 0 0 0 rg BT 458.42 306.25 Td (over ) Tj ET Q q 0 0 0 rg BT 478.69 306.25 Td (specific ) Tj ET Q q 0 0 0 rg BT 512.29 306.25 Td (time ) Tj ET Q q 0 0 0 rg BT 532.56 306.25 Td (periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.25 Td (and ) Tj ET Q q 0 0 0 rg BT 68.08 294.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 108.94 294.25 Td (consist ) Tj ET Q q 0 0 0 rg BT 140.36 294.25 Td (of ) Tj ET Q q 0 0 0 rg BT 152.33 294.25 Td (post-contract ) Tj ET Q q 0 0 0 rg BT 208.17 294.25 Td (support ) Tj ET Q q 0 0 0 rg BT 241.82 294.25 Td (services. ) Tj ET Q q 0 0 0 rg BT 280.17 294.25 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 318.79 294.25 Td (is ) Tj ET Q q 0 0 0 rg BT 329.11 294.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 369.95 294.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 417.46 294.25 Td (ratably ) Tj ET Q q 0 0 0 rg BT 448.86 294.25 Td (over ) Tj ET Q q 0 0 0 rg BT 470.27 294.25 Td (the ) Tj ET Q q 0 0 0 rg BT 486.13 294.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 521.98 294.25 Td (term. ) Tj ET Q q 0 0 0 rg BT 546.45 294.25 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (subscription ) Tj ET Q q 0 0 0 rg BT 101.39 282.25 Td (contracts ) Tj ET Q q 0 0 0 rg BT 139.98 282.25 Td (are ) Tj ET Q q 0 0 0 rg BT 154.69 282.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 194.39 282.25 Td (for ) Tj ET Q q 0 0 0 rg BT 208.55 282.25 Td (an ) Tj ET Q q 0 0 0 rg BT 220.49 282.25 Td (initial ) Tj ET Q q 0 0 0 rg BT 246.32 282.25 Td (three-year ) Tj ET Q q 0 0 0 rg BT 289.34 282.25 Td (period ) Tj ET Q q 0 0 0 rg BT 317.39 282.25 Td (with ) Tj ET Q q 0 0 0 rg BT 337.67 282.25 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 384.60 282.25 Td (one-year ) Tj ET Q q 0 0 0 rg BT 422.08 282.25 Td (automatic ) Tj ET Q q 0 0 0 rg BT 464.01 282.25 Td (renewals.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.01 258.25 Td (ransaction ) Tj ET Q q 0 0 0 rg BT 100.29 258.25 Td (Fees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 234.25 Td (T) Tj ET Q q 0 0 0 rg BT 91.76 234.25 Td (ransaction ) Tj ET Q q 0 0 0 rg BT 136.27 234.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 171.34 234.25 Td (is ) Tj ET Q q 0 0 0 rg BT 181.43 234.25 Td (comprised ) Tj ET Q q 0 0 0 rg BT 226.51 234.25 Td (of ) Tj ET Q q 0 0 0 rg BT 238.26 234.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 257.78 234.25 Td (applied ) Tj ET Q q 0 0 0 rg BT 290.64 234.25 Td (to ) Tj ET Q q 0 0 0 rg BT 301.84 234.25 Td (the ) Tj ET Q q 0 0 0 rg BT 317.48 234.25 Td (volume ) Tj ET Q q 0 0 0 rg BT 350.89 234.25 Td (of ) Tj ET Q q 0 0 0 rg BT 362.64 234.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 413.83 234.25 Td (that ) Tj ET Q q 0 0 0 rg BT 432.25 234.25 Td (are ) Tj ET Q q 0 0 0 rg BT 447.88 234.25 Td (processed ) Tj ET Q q 0 0 0 rg BT 490.73 234.25 Td (through ) Tj ET Q q 0 0 0 rg BT 525.26 234.25 Td (our ) Tj ET Q q 0 0 0 rg BT 542.01 234.25 Td (SaaS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.25 Td (platforms. ) Tj ET Q q 0 0 0 rg BT 93.10 222.25 Td (These ) Tj ET Q q 0 0 0 rg BT 119.42 222.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 137.97 222.25 Td (are ) Tj ET Q q 0 0 0 rg BT 152.63 222.25 Td (typically ) Tj ET Q q 0 0 0 rg BT 190.06 222.25 Td (based ) Tj ET Q q 0 0 0 rg BT 215.28 222.25 Td (on ) Tj ET Q q 0 0 0 rg BT 227.73 222.25 Td (a ) Tj ET Q q 0 0 0 rg BT 234.62 222.25 Td (per) Tj ET Q q 0 0 0 rg BT 247.19 222.25 Td (-transaction ) Tj ET Q q 0 0 0 rg BT 296.84 222.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 314.27 222.25 Td (and ) Tj ET Q q 0 0 0 rg BT 331.16 222.25 Td (are ) Tj ET Q q 0 0 0 rg BT 345.81 222.25 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 382.70 222.25 Td (for ) Tj ET Q q 0 0 0 rg BT 396.81 222.25 Td (the ) Tj ET Q q 0 0 0 rg BT 411.47 222.25 Td (same ) Tj ET Q q 0 0 0 rg BT 434.47 222.25 Td (period ) Tj ET Q q 0 0 0 rg BT 462.46 222.25 Td (in ) Tj ET Q q 0 0 0 rg BT 472.69 222.25 Td (which ) Tj ET Q q 0 0 0 rg BT 499.58 222.25 Td (the ) Tj ET Q q 0 0 0 rg BT 514.24 222.25 Td (transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 210.25 Td (were ) Tj ET Q q 0 0 0 rg BT 72.35 210.25 Td (processed ) Tj ET Q q 0 0 0 rg BT 114.71 210.25 Td (and ) Tj ET Q q 0 0 0 rg BT 132.07 210.25 Td (as ) Tj ET Q q 0 0 0 rg BT 143.33 210.25 Td (the ) Tj ET Q q 0 0 0 rg BT 158.47 210.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 211.92 210.25 Td (obligation ) Tj ET Q q 0 0 0 rg BT 255.40 210.25 Td (is ) Tj ET Q q 0 0 0 rg BT 265.00 210.25 Td (satisfied. ) Tj ET Q q 0 0 0 rg BT 303.54 210.25 Td (The ) Tj ET Q q 0 0 0 rg BT 322.01 210.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 354.93 210.25 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 392.29 210.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 432.42 210.25 Td (equals ) Tj ET Q q 0 0 0 rg BT 460.89 210.25 Td (the ) Tj ET Q q 0 0 0 rg BT 476.04 210.25 Td (value ) Tj ET Q q 0 0 0 rg BT 500.62 210.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 539.09 210.25 Td (to ) Tj ET Q q 0 0 0 rg BT 549.79 210.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.25 Td (customer) Tj ET Q q 0 0 0 rg BT 86.25 198.25 Td (, ) Tj ET Q q 0 0 0 rg BT 91.25 198.25 Td (and ) Tj ET Q q 0 0 0 rg BT 108.19 198.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 142.34 198.25 Td (is ) Tj ET Q q 0 0 0 rg BT 151.51 198.25 Td (typically ) Tj ET Q q 0 0 0 rg BT 189.00 198.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 235.36 198.25 Td (when ) Tj ET Q q 0 0 0 rg BT 259.52 198.25 Td (invoiced ) Tj ET Q q 0 0 0 rg BT 296.46 198.25 Td (using ) Tj ET Q q 0 0 0 rg BT 320.63 198.25 Td (the ) Tj ET Q q 0 0 0 rg BT 335.34 198.25 Td (as-invoiced ) Tj ET Q q 0 0 0 rg BT 383.94 198.25 Td (practical ) Tj ET Q q 0 0 0 rg BT 420.85 198.25 Td (expedient.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 174.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.63 174.25 Td (ofessional ) Tj ET Q q 0 0 0 rg BT 102.69 174.25 Td (Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 150.25 Td (Professional ) Tj ET Q q 0 0 0 rg BT 138.81 150.25 Td (service ) Tj ET Q q 0 0 0 rg BT 170.51 150.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 205.53 150.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 246.12 150.25 Td (consists ) Tj ET Q q 0 0 0 rg BT 281.16 150.25 Td (of ) Tj ET Q q 0 0 0 rg BT 292.87 150.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 312.35 150.25 Td (for ) Tj ET Q q 0 0 0 rg BT 327.38 150.25 Td (setup, ) Tj ET Q q 0 0 0 rg BT 354.37 150.25 Td (customization, ) Tj ET Q q 0 0 0 rg BT 416.34 150.25 Td (training, ) Tj ET Q q 0 0 0 rg BT 453.32 150.25 Td (or ) Tj ET Q q 0 0 0 rg BT 465.03 150.25 Td (consulting. ) Tj ET Q q 0 0 0 rg BT 512.57 150.25 Td (Professional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.25 Td (service ) Tj ET Q q 0 0 0 rg BT 80.53 138.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 98.84 138.25 Td (are ) Tj ET Q q 0 0 0 rg BT 113.25 138.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 152.67 138.25 Td (on ) Tj ET Q q 0 0 0 rg BT 164.88 138.25 Td (either ) Tj ET Q q 0 0 0 rg BT 189.85 138.25 Td (a ) Tj ET Q q 0 0 0 rg BT 196.50 138.25 Td (time ) Tj ET Q q 0 0 0 rg BT 216.49 138.25 Td (and ) Tj ET Q q 0 0 0 rg BT 233.14 138.25 Td (materials ) Tj ET Q q 0 0 0 rg BT 272.00 138.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 294.21 138.25 Td (or ) Tj ET Q q 0 0 0 rg BT 304.75 138.25 Td (a ) Tj ET Q q 0 0 0 rg BT 311.40 138.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 334.16 138.25 Td (fee ) Tj ET Q q 0 0 0 rg BT 348.57 138.25 Td (basis. ) Tj ET Q q 0 0 0 rg BT 373.29 138.25 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 414.37 138.25 Td (for ) Tj ET Q q 0 0 0 rg BT 428.24 138.25 Td (time ) Tj ET Q q 0 0 0 rg BT 448.23 138.25 Td (and ) Tj ET Q q 0 0 0 rg BT 464.88 138.25 Td (materials ) Tj ET Q q 0 0 0 rg BT 503.74 138.25 Td (are ) Tj ET Q q 0 0 0 rg BT 518.16 138.25 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.25 Td (as ) Tj ET Q q 0 0 0 rg BT 61.01 126.25 Td (such ) Tj ET Q q 0 0 0 rg BT 82.03 126.25 Td (services ) Tj ET Q q 0 0 0 rg BT 116.92 126.25 Td (are ) Tj ET Q q 0 0 0 rg BT 131.81 126.25 Td (rendered, ) Tj ET Q q 0 0 0 rg BT 171.97 126.25 Td (while ) Tj ET Q q 0 0 0 rg BT 196.87 126.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 220.11 126.25 Td (fee ) Tj ET Q q 0 0 0 rg BT 235.00 126.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 273.22 126.25 Td (are ) Tj ET Q q 0 0 0 rg BT 288.11 126.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 334.66 126.25 Td (based ) Tj ET Q q 0 0 0 rg BT 360.11 126.25 Td (on ) Tj ET Q q 0 0 0 rg BT 372.79 126.25 Td (the ) Tj ET Q q 0 0 0 rg BT 387.70 126.25 Td (input ) Tj ET Q q 0 0 0 rg BT 410.94 126.25 Td (method ) Tj ET Q q 0 0 0 rg BT 443.62 126.25 Td (that ) Tj ET Q q 0 0 0 rg BT 461.30 126.25 Td (is ) Tj ET Q q 0 0 0 rg BT 470.65 126.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 498.88 126.25 Td (by ) Tj ET Q q 0 0 0 rg BT 511.57 126.25 Td (the ) Tj ET Q q 0 0 0 rg BT 526.47 126.25 Td (expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.25 Td (hours ) Tj ET Q q 0 0 0 rg BT 74.96 114.25 Td (to ) Tj ET Q q 0 0 0 rg BT 85.49 114.25 Td (complete ) Tj ET Q q 0 0 0 rg BT 124.88 114.25 Td (the ) Tj ET Q q 0 0 0 rg BT 139.84 114.25 Td (project ) Tj ET Q q 0 0 0 rg BT 170.35 114.25 Td (measured ) Tj ET Q q 0 0 0 rg BT 211.41 114.25 Td (against ) Tj ET Q q 0 0 0 rg BT 242.47 114.25 Td (the ) Tj ET Q q 0 0 0 rg BT 257.43 114.25 Td (actual ) Tj ET Q q 0 0 0 rg BT 284.05 114.25 Td (hours ) Tj ET Q q 0 0 0 rg BT 309.01 114.25 Td (completed ) Tj ET Q q 0 0 0 rg BT 353.41 114.25 Td (to ) Tj ET Q q 0 0 0 rg BT 363.93 114.25 Td (date. ) Tj ET Q q 0 0 0 rg BT 385.83 114.25 Td (Professional ) Tj ET Q q 0 0 0 rg BT 438.01 114.25 Td (services, ) Tj ET Q q 0 0 0 rg BT 475.46 114.25 Td (particularly ) Tj ET Q q 0 0 0 rg BT 524.29 114.25 Td (related ) Tj ET Q q 0 0 0 rg BT 554.24 114.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.25 Td (SaaS ) Tj ET Q q 0 0 0 rg BT 74.20 102.25 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 119.22 102.25 Td (may ) Tj ET Q q 0 0 0 rg BT 140.63 102.25 Td (have ) Tj ET Q q 0 0 0 rg BT 163.70 102.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 210.11 102.25 Td (dependencies ) Tj ET Q q 0 0 0 rg BT 268.17 102.25 Td (on ) Tj ET Q q 0 0 0 rg BT 282.36 102.25 Td (the ) Tj ET Q q 0 0 0 rg BT 298.78 102.25 Td (related ) Tj ET Q q 0 0 0 rg BT 330.17 102.25 Td (licensed ) Tj ET Q q 0 0 0 rg BT 367.13 102.25 Td (software ) Tj ET Q q 0 0 0 rg BT 405.76 102.25 Td (and ) Tj ET Q q 0 0 0 rg BT 424.39 102.25 Td (may ) Tj ET Q q 0 0 0 rg BT 445.81 102.25 Td (not ) Tj ET Q q 0 0 0 rg BT 462.78 102.25 Td (be ) Tj ET Q q 0 0 0 rg BT 476.41 102.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 523.92 102.25 Td (a ) Tj ET Q q 0 0 0 rg BT 532.56 102.25 Td (distinct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 103.02 90.25 Td (obligation.) 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402.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 483.31 402.25 Td (to ) Tj ET Q q 0 0 0 rg BT 493.45 402.25 Td (be ) Tj ET Q q 0 0 0 rg BT 505.26 402.25 Td (in ) Tj ET Q q 0 0 0 rg BT 515.40 402.25 Td (ef) Tj ET Q q 0 0 0 rg BT 522.99 402.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 540.34 402.25 Td (when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (the ) Tj ET Q q 0 0 0 rg BT 63.55 390.25 Td (temporary ) Tj ET Q q 0 0 0 rg BT 105.98 390.25 Td (dif) Tj ET Q q 0 0 0 rg BT 116.91 390.25 Td (ferences ) Tj ET Q q 0 0 0 rg BT 151.55 390.25 Td (reverse. ) Tj ET Q q 0 0 0 rg BT 184.15 390.25 Td (V) Tj ET Q q 0 0 0 rg BT 190.27 390.25 Td (aluation ) Tj ET Q q 0 0 0 rg BT 223.81 390.25 Td (allowances, ) Tj ET Q q 0 0 0 rg BT 272.07 390.25 Td (if ) Tj ET Q q 0 0 0 rg BT 279.51 390.25 Td (any) Tj ET Q q 0 0 0 rg BT 293.30 390.25 Td (, ) Tj ET Q q 0 0 0 rg BT 297.14 390.25 Td (are ) Tj ET Q q 0 0 0 rg BT 310.68 390.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 346.99 390.25 Td (to ) Tj ET Q q 0 0 0 rg BT 356.10 390.25 Td (reduce ) Tj ET Q q 0 0 0 rg BT 384.08 390.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 418.72 390.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 432.27 390.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 456.94 390.25 Td (to ) Tj ET Q q 0 0 0 rg BT 466.05 390.25 Td (the ) Tj ET Q q 0 0 0 rg BT 479.60 390.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 510.93 390.25 Td (management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.25 Td (considers ) Tj ET Q q 0 0 0 rg BT 89.84 378.25 Td (more ) Tj ET Q q 0 0 0 rg BT 112.47 378.25 Td (likely ) Tj ET Q q 0 0 0 rg BT 137.31 378.25 Td (than ) Tj ET Q q 0 0 0 rg BT 156.61 378.25 Td (not ) Tj ET Q q 0 0 0 rg BT 171.46 378.25 Td (to ) Tj ET Q q 0 0 0 rg BT 181.31 378.25 Td (be ) Tj ET Q q 0 0 0 rg BT 192.83 378.25 Td (realized. ) Tj ET Q q 0 0 0 rg BT 229.04 378.25 Td (Such ) Tj ET Q q 0 0 0 rg BT 251.12 378.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 290.41 378.25 Td (allowances ) Tj ET Q q 0 0 0 rg BT 336.90 378.25 Td (are ) Tj ET Q q 0 0 0 rg BT 351.19 378.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 388.24 378.25 Td (for ) Tj ET Q q 0 0 0 rg BT 401.97 378.25 Td (the ) Tj ET Q q 0 0 0 rg BT 416.26 378.25 Td (portion ) Tj ET Q q 0 0 0 rg BT 447.23 378.25 Td (of ) Tj ET Q q 0 0 0 rg BT 457.63 378.25 Td (the ) Tj ET Q q 0 0 0 rg BT 471.92 378.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 507.30 378.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 521.60 378.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 547.00 378.25 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.25 Td (are ) Tj ET Q q 0 0 0 rg BT 64.48 366.25 Td (not ) Tj ET Q q 0 0 0 rg BT 79.54 366.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 117.34 366.25 Td (to ) Tj ET Q q 0 0 0 rg BT 127.40 366.25 Td (be ) Tj ET Q q 0 0 0 rg BT 139.11 366.25 Td (realized ) Tj ET Q q 0 0 0 rg BT 173.03 366.25 Td (based ) Tj ET Q q 0 0 0 rg BT 198.07 366.25 Td (on ) Tj ET Q q 0 0 0 rg BT 210.35 366.25 Td (the ) Tj ET Q q 0 0 0 rg BT 224.84 366.25 Td (levels ) Tj ET Q q 0 0 0 rg BT 250.44 366.25 Td (of ) Tj ET Q q 0 0 0 rg BT 261.04 366.25 Td (historical ) Tj ET Q q 0 0 0 rg BT 300.53 366.25 Td (taxable ) Tj ET Q q 0 0 0 rg BT 331.68 366.25 Td (income ) Tj ET Q q 0 0 0 rg BT 363.39 366.25 Td (and ) Tj ET Q q 0 0 0 rg BT 380.10 366.25 Td (projections ) Tj ET Q q 0 0 0 rg BT 426.81 366.25 Td (for ) Tj ET Q q 0 0 0 rg BT 440.75 366.25 Td (future ) Tj ET Q q 0 0 0 rg BT 466.90 366.25 Td (taxable ) Tj ET Q q 0 0 0 rg BT 498.05 366.25 Td (income ) Tj ET Q q 0 0 0 rg BT 529.76 366.25 Td (over ) Tj ET Q q 0 0 0 rg BT 549.80 366.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 81.94 354.25 Td (in ) Tj ET Q q 0 0 0 rg BT 92.22 354.25 Td (which ) Tj ET Q q 0 0 0 rg BT 119.16 354.25 Td (the ) Tj ET Q q 0 0 0 rg BT 133.87 354.25 Td (temporary ) Tj ET Q q 0 0 0 rg BT 177.47 354.25 Td (dif) Tj ET Q q 0 0 0 rg BT 188.39 354.25 Td (ferences ) Tj ET Q q 0 0 0 rg BT 224.20 354.25 Td (will ) Tj ET Q q 0 0 0 rg BT 242.26 354.25 Td (be ) Tj ET Q q 0 0 0 rg BT 254.19 354.25 Td (deductible.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 332.25 Td (The ) Tj ET Q q 0 0 0 rg BT 104.78 332.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 146.90 332.25 Td (also ) Tj ET Q q 0 0 0 rg BT 166.24 332.25 Td (applies ) Tj ET Q q 0 0 0 rg BT 197.79 332.25 Td (F) Tj ET Q q 0 0 0 rg BT 202.61 332.25 Td (ASB ) Tj ET Q q 0 0 0 rg BT 225.30 332.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 272.40 332.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 311.73 332.25 Td (on ) Tj ET Q q 0 0 0 rg BT 324.96 332.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 372.06 332.25 Td (for ) Tj ET Q q 0 0 0 rg BT 386.95 332.25 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 435.16 332.25 Td (in ) Tj ET Q q 0 0 0 rg BT 446.17 332.25 Td (income ) Tj ET Q q 0 0 0 rg BT 478.84 332.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 502.62 332.25 Td (positions. ) Tj ET Q q 0 0 0 rg BT 544.23 332.25 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 88.18 320.25 Td (clarifies ) Tj ET Q q 0 0 0 rg BT 122.47 320.25 Td (the ) Tj ET Q q 0 0 0 rg BT 136.77 320.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 182.73 320.25 Td (for ) Tj ET Q q 0 0 0 rg BT 196.48 320.25 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 243.55 320.25 Td (in ) Tj ET Q q 0 0 0 rg BT 253.42 320.25 Td (income ) Tj ET Q q 0 0 0 rg BT 284.94 320.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 307.57 320.25 Td (by ) Tj ET Q q 0 0 0 rg BT 319.66 320.25 Td (prescribing ) Tj ET Q q 0 0 0 rg BT 366.73 320.25 Td (the ) Tj ET Q q 0 0 0 rg BT 381.04 320.25 Td (minimum ) Tj ET Q q 0 0 0 rg BT 422.01 320.25 Td (recognition ) Tj ET Q q 0 0 0 rg BT 469.64 320.25 Td (threshold ) Tj ET Q q 0 0 0 rg BT 508.95 320.25 Td (a ) Tj ET Q q 0 0 0 rg BT 515.47 320.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 529.78 320.25 Td (position ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.25 Td (is ) Tj ET Q q 0 0 0 rg BT 59.17 308.25 Td (required ) Tj ET Q q 0 0 0 rg BT 94.99 308.25 Td (to ) Tj ET Q q 0 0 0 rg BT 105.26 308.25 Td (meet ) Tj ET Q q 0 0 0 rg BT 127.20 308.25 Td (before ) Tj ET Q q 0 0 0 rg BT 155.23 308.25 Td (being ) Tj ET Q q 0 0 0 rg BT 179.95 308.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 226.31 308.25 Td (in ) Tj ET Q q 0 0 0 rg BT 236.59 308.25 Td (the ) Tj ET Q q 0 0 0 rg BT 251.31 308.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 288.79 308.25 Td (statements.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 85.84 286.25 Td (Currency ) Tj ET Q q 0 0 0 rg BT 127.23 286.25 Td (Matters) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 264.25 Td (The ) Tj ET Q q 0 0 0 rg BT 103.84 264.25 Td (functional ) Tj ET Q q 0 0 0 rg BT 146.68 264.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 183.96 264.25 Td (is ) Tj ET Q q 0 0 0 rg BT 192.92 264.25 Td (the ) Tj ET Q q 0 0 0 rg BT 207.44 264.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 227.52 264.25 Td (Dollar ) Tj ET Q q 0 0 0 rg BT 255.36 264.25 Td (for ) Tj ET Q q 0 0 0 rg BT 269.32 264.25 Td (the ) Tj ET Q q 0 0 0 rg BT 283.83 264.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 330.71 264.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 361.89 264.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 411.40 264.25 Td (in ) Tj ET Q q 0 0 0 rg BT 421.48 264.25 Td (Dubai ) Tj ET Q q 0 0 0 rg BT 448.21 264.25 Td (and ) Tj ET Q q 0 0 0 rg BT 464.95 264.25 Td (Singapore, ) Tj ET Q q 0 0 0 rg BT 510.29 264.25 Td (because ) Tj ET Q q 0 0 0 rg BT 544.23 264.25 Td (both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.93 252.25 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 112.06 252.25 Td (property ) Tj ET Q q 0 0 0 rg BT 148.64 252.25 Td (research ) Tj ET Q q 0 0 0 rg BT 184.66 252.25 Td (and ) Tj ET Q q 0 0 0 rg BT 201.81 252.25 Td (development ) Tj ET Q q 0 0 0 rg BT 256.17 252.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 294.97 252.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 333.23 252.25 Td (by ) Tj ET Q q 0 0 0 rg BT 345.94 252.25 Td (its ) Tj ET Q q 0 0 0 rg BT 358.10 252.25 Td (Dubai ) Tj ET Q q 0 0 0 rg BT 385.24 252.25 Td (and ) Tj ET Q q 0 0 0 rg BT 402.39 252.25 Td (Singapore ) Tj ET Q q 0 0 0 rg BT 445.65 252.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 495.57 252.25 Td (are ) Tj ET Q q 0 0 0 rg BT 510.49 252.25 Td (in ) Tj ET Q q 0 0 0 rg BT 520.98 252.25 Td (support ) Tj ET Q q 0 0 0 rg BT 553.68 252.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 240.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 240.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 111.80 240.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 152.06 240.25 Td (divisions ) Tj ET Q q 0 0 0 rg BT 190.68 240.25 Td (across ) Tj ET Q q 0 0 0 rg BT 218.17 240.25 Td (the ) Tj ET Q q 0 0 0 rg BT 232.89 240.25 Td (world, ) Tj ET Q q 0 0 0 rg BT 261.22 240.25 Td ( ) Tj ET Q q 0 0 0 rg BT 263.72 240.25 Td (which ) Tj ET Q q 0 0 0 rg BT 290.65 240.25 Td (are ) Tj ET Q q 0 0 0 rg BT 305.36 240.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 345.07 240.25 Td (transacted ) Tj ET Q q 0 0 0 rg BT 388.11 240.25 Td (in ) Tj ET Q q 0 0 0 rg BT 398.38 240.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 418.67 240.25 Td (Dollars.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 218.25 Td (The ) Tj ET Q q 0 0 0 rg BT 104.57 218.25 Td (functional ) Tj ET Q q 0 0 0 rg BT 148.13 218.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 186.12 218.25 Td (of ) Tj ET Q q 0 0 0 rg BT 197.47 218.25 Td (the ) Tj ET Q q 0 0 0 rg BT 212.71 218.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 260.31 218.25 Td (other ) Tj ET Q q 0 0 0 rg BT 283.88 218.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 315.78 218.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 366.01 218.25 Td (is ) Tj ET Q q 0 0 0 rg BT 375.70 218.25 Td (the ) Tj ET Q q 0 0 0 rg BT 390.94 218.25 Td (local ) Tj ET Q q 0 0 0 rg BT 413.39 218.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 451.39 218.25 Td (of ) Tj ET Q q 0 0 0 rg BT 462.74 218.25 Td (the ) Tj ET Q q 0 0 0 rg BT 477.98 218.25 Td (country ) Tj ET Q q 0 0 0 rg BT 511.54 218.25 Td (in ) Tj ET Q q 0 0 0 rg BT 522.34 218.25 Td (which ) Tj ET Q q 0 0 0 rg BT 549.80 218.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.25 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 93.41 206.25 Td (operates. ) Tj ET Q q 0 0 0 rg BT 131.36 206.25 Td (The ) Tj ET Q q 0 0 0 rg BT 149.21 206.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 174.84 206.25 Td (and ) Tj ET Q q 0 0 0 rg BT 191.58 206.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 231.10 206.25 Td (of ) Tj ET Q q 0 0 0 rg BT 241.73 206.25 Td (these ) Tj ET Q q 0 0 0 rg BT 264.58 206.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 295.75 206.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 345.27 206.25 Td (are ) Tj ET Q q 0 0 0 rg BT 359.78 206.25 Td (translated ) Tj ET Q q 0 0 0 rg BT 400.95 206.25 Td (into ) Tj ET Q q 0 0 0 rg BT 418.81 206.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 438.90 206.25 Td (dollars ) Tj ET Q q 0 0 0 rg BT 468.42 206.25 Td (at ) Tj ET Q q 0 0 0 rg BT 477.93 206.25 Td (the ) Tj ET Q q 0 0 0 rg BT 492.45 206.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 513.63 206.25 Td (of ) Tj ET Q q 0 0 0 rg BT 524.26 206.25 Td (exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.25 Td (at ) Tj ET Q q 0 0 0 rg BT 59.81 194.25 Td (the ) Tj ET Q q 0 0 0 rg BT 74.62 194.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 107.75 194.25 Td (sheet ) Tj ET Q q 0 0 0 rg BT 130.89 194.25 Td (dates. ) Tj ET Q q 0 0 0 rg BT 156.53 194.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 189.11 194.25 Td (and ) Tj ET Q q 0 0 0 rg BT 206.14 194.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 240.94 194.25 Td (accounts ) Tj ET Q q 0 0 0 rg BT 278.52 194.25 Td (are ) Tj ET Q q 0 0 0 rg BT 293.33 194.25 Td (translated ) Tj ET Q q 0 0 0 rg BT 334.79 194.25 Td (at ) Tj ET Q q 0 0 0 rg BT 344.60 194.25 Td (the ) Tj ET Q q 0 0 0 rg BT 359.41 194.25 Td (average ) Tj ET Q q 0 0 0 rg BT 393.09 194.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 433.44 194.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 454.91 194.25 Td (in ) Tj ET Q q 0 0 0 rg BT 465.28 194.25 Td (ef) Tj ET Q q 0 0 0 rg BT 472.87 194.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 490.45 194.25 Td (during ) Tj ET Q q 0 0 0 rg BT 519.15 194.25 Td (the ) Tj ET Q q 0 0 0 rg BT 533.96 194.25 Td (period. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.25 Td (Gains ) Tj ET Q q 0 0 0 rg BT 77.05 182.25 Td (and ) Tj ET Q q 0 0 0 rg BT 95.21 182.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 122.82 182.25 Td (resulting ) Tj ET Q q 0 0 0 rg BT 161.54 182.25 Td (from ) Tj ET Q q 0 0 0 rg BT 184.70 182.25 Td (translation ) Tj ET Q q 0 0 0 rg BT 230.63 182.25 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 282.12 182.25 Td (are ) Tj ET Q q 0 0 0 rg BT 298.05 182.25 Td (included ) Tj ET Q q 0 0 0 rg BT 336.21 182.25 Td (as ) Tj ET Q q 0 0 0 rg BT 348.26 182.25 Td (a ) Tj ET Q q 0 0 0 rg BT 356.42 182.25 Td (component ) Tj ET Q q 0 0 0 rg BT 404.57 182.25 Td (of ) Tj ET Q q 0 0 0 rg BT 416.62 182.25 Td (other ) Tj ET Q q 0 0 0 rg BT 440.89 182.25 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 505.14 182.25 Td (income ) Tj ET Q q 0 0 0 rg BT 538.30 182.25 Td (in ) Tj ET Q q 0 0 0 rg BT 549.79 182.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.25 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 111.66 170.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 159.45 170.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 215.57 170.25 Td (Balance ) Tj ET Q q 0 0 0 rg BT 251.12 170.25 Td (Sheets. ) Tj ET Q q 0 0 0 rg BT 283.08 170.25 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 317.53 170.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 358.64 170.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 405.86 170.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 430.31 170.25 Td (and ) Tj ET Q q 0 0 0 rg BT 448.10 170.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 475.34 170.25 Td (that ) Tj ET Q q 0 0 0 rg BT 493.68 170.25 Td (are ) Tj ET Q q 0 0 0 rg BT 509.24 170.25 Td (derived ) Tj ET Q q 0 0 0 rg BT 542.57 170.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 100.73 158.25 Td (denominated ) Tj ET Q q 0 0 0 rg BT 155.34 158.25 Td (in ) Tj ET Q q 0 0 0 rg BT 166.08 158.25 Td (a ) Tj ET Q q 0 0 0 rg BT 173.49 158.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 211.43 158.25 Td (other ) Tj ET Q q 0 0 0 rg BT 234.94 158.25 Td (than ) Tj ET Q q 0 0 0 rg BT 255.12 158.25 Td (the ) Tj ET Q q 0 0 0 rg BT 270.30 158.25 Td (subsidiary's ) Tj ET Q q 0 0 0 rg BT 320.06 158.25 Td (functional ) Tj ET Q q 0 0 0 rg BT 363.57 158.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 401.51 158.25 Td (are ) Tj ET Q q 0 0 0 rg BT 416.68 158.25 Td (included ) Tj ET Q q 0 0 0 rg BT 454.08 158.25 Td (in ) Tj ET Q q 0 0 0 rg BT 464.82 158.25 Td (the ) Tj ET Q q 0 0 0 rg BT 480.00 158.25 Td (determination ) Tj ET Q q 0 0 0 rg BT 538.50 158.25 Td (of ) Tj ET Q q 0 0 0 rg BT 549.79 158.25 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.25 Td (income.) Tj ET Q endstream endobj 93 0 obj <>] /Rotate 0 /Contents 94 0 R>> endobj 94 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (44) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Item3: ) Tj ET Q q 0 0 0 rg BT 83.32 742.25 Td (QUANTIT) Tj ET Q q 0 0 0 rg BT 129.25 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 135.73 742.25 Td (TIVE ) Tj ET Q q 0 0 0 rg BT 162.13 742.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 186.30 742.25 Td (QUALIT) Tj ET Q q 0 0 0 rg BT 225.01 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 231.49 742.25 Td (TIVE ) Tj ET Q q 0 0 0 rg BT 258.44 742.25 Td (DISCLOSURES ) Tj ET Q q 0 0 0 rg BT 330.97 742.25 Td (ABOUT) Tj ET Q q 0 0 0 rg BT 366.35 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 368.85 742.25 Td (MARKET) Tj ET Q q 0 0 0 rg BT 413.67 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 416.17 742.25 Td (RISK) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 720.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 720.25 Td (The ) Tj ET Q q 0 0 0 rg BT 104.43 720.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 146.21 720.25 Td (is ) Tj ET Q q 0 0 0 rg BT 155.77 720.25 Td (exposed ) Tj ET Q q 0 0 0 rg BT 191.42 720.25 Td (to ) Tj ET Q q 0 0 0 rg BT 202.09 720.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 233.85 720.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 271.71 720.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 312.35 720.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 330.23 720.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 348.11 720.25 Td (related ) Tj ET Q q 0 0 0 rg BT 378.20 720.25 Td (to ) Tj ET Q q 0 0 0 rg BT 388.87 720.25 Td (our ) Tj ET Q q 0 0 0 rg BT 405.09 720.25 Td (foreign-based ) Tj ET Q q 0 0 0 rg BT 462.95 720.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 507.49 720.25 Td (where ) Tj ET Q q 0 0 0 rg BT 534.81 720.25 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 708.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 100.42 708.25 Td (are ) Tj ET Q q 0 0 0 rg BT 115.27 708.25 Td (denominated ) Tj ET Q q 0 0 0 rg BT 169.58 708.25 Td (in ) Tj ET Q q 0 0 0 rg BT 180.00 708.25 Td (other ) Tj ET Q q 0 0 0 rg BT 203.20 708.25 Td (than ) Tj ET Q q 0 0 0 rg BT 223.07 708.25 Td (the ) Tj ET Q q 0 0 0 rg BT 237.94 708.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 269.47 708.25 Td (entity's ) Tj ET Q q 0 0 0 rg BT 300.59 708.25 Td (functional ) Tj ET Q q 0 0 0 rg BT 343.78 708.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 381.41 708.25 Td (and ) Tj ET Q q 0 0 0 rg BT 398.50 708.25 Td (are ) Tj ET Q q 0 0 0 rg BT 413.35 708.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 444.33 708.25 Td (to ) Tj ET Q q 0 0 0 rg BT 454.76 708.25 Td (market ) Tj ET Q q 0 0 0 rg BT 485.18 708.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 502.83 708.25 Td (with ) Tj ET Q q 0 0 0 rg BT 523.26 708.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 554.22 708.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 696.25 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 99.69 696.25 Td (in ) Tj ET Q q 0 0 0 rg BT 109.94 696.25 Td (the ) Tj ET Q q 0 0 0 rg BT 124.63 696.25 Td (relative ) Tj ET Q q 0 0 0 rg BT 157.09 696.25 Td (value ) Tj ET Q q 0 0 0 rg BT 181.22 696.25 Td (of ) Tj ET Q q 0 0 0 rg BT 192.03 696.25 Td (those ) Tj ET Q q 0 0 0 rg BT 215.61 696.25 Td (currencies. ) Tj ET Q q 0 0 0 rg BT 261.49 696.25 Td (The ) Tj ET Q q 0 0 0 rg BT 279.51 696.25 Td (Company) Tj ET Q q 0 0 0 rg BT 321.18 696.25 Td (s ) Tj ET Q q 0 0 0 rg BT 327.55 696.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 371.68 696.25 Td (based ) Tj ET Q q 0 0 0 rg BT 396.92 696.25 Td (in ) Tj ET Q q 0 0 0 rg BT 407.17 696.25 Td (the ) Tj ET Q q 0 0 0 rg BT 421.87 696.25 Td (U.S., ) Tj ET Q q 0 0 0 rg BT 444.63 696.25 Td (Dubai, ) Tj ET Q q 0 0 0 rg BT 474.04 696.25 Td (and ) Tj ET Q q 0 0 0 rg BT 490.95 696.25 Td (Singapore ) Tj ET Q q 0 0 0 rg BT 533.98 696.25 Td (use ) Tj ET Q q 0 0 0 rg BT 549.78 696.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 684.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 70.27 684.25 Td (dollar ) Tj ET Q q 0 0 0 rg BT 96.07 684.25 Td (as ) Tj ET Q q 0 0 0 rg BT 106.89 684.25 Td (their ) Tj ET Q q 0 0 0 rg BT 127.70 684.25 Td (functional ) Tj ET Q q 0 0 0 rg BT 170.72 684.25 Td (currency) Tj ET Q q 0 0 0 rg BT 205.05 684.25 Td (, ) Tj ET Q q 0 0 0 rg BT 210.03 684.25 Td (as ) Tj ET Q q 0 0 0 rg BT 220.84 684.25 Td (that ) Tj ET Q q 0 0 0 rg BT 238.32 684.25 Td (is ) Tj ET Q q 0 0 0 rg BT 247.47 684.25 Td (the ) Tj ET Q q 0 0 0 rg BT 262.17 684.25 Td (predominant ) Tj ET Q q 0 0 0 rg BT 315.20 684.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 352.66 684.25 Td (used ) Tj ET Q q 0 0 0 rg BT 373.47 684.25 Td (to ) Tj ET Q q 0 0 0 rg BT 383.73 684.25 Td (transact ) Tj ET Q q 0 0 0 rg BT 417.31 684.25 Td (the ) Tj ET Q q 0 0 0 rg BT 432.01 684.25 Td (majority ) Tj ET Q q 0 0 0 rg BT 468.37 684.25 Td (of ) Tj ET Q q 0 0 0 rg BT 479.18 684.25 Td (their ) Tj ET Q q 0 0 0 rg BT 499.99 684.25 Td (operations. ) Tj ET Q q 0 0 0 rg BT 546.45 684.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 672.25 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 672.25 Td (s ) Tj ET Q q 0 0 0 rg BT 98.29 672.25 Td (other ) Tj ET Q q 0 0 0 rg BT 121.58 672.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 153.19 672.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 197.58 672.25 Td (in ) Tj ET Q q 0 0 0 rg BT 208.10 672.25 Td (India, ) Tj ET Q q 0 0 0 rg BT 233.28 672.25 Td (Australia, ) Tj ET Q q 0 0 0 rg BT 275.17 672.25 Td (the ) Tj ET Q q 0 0 0 rg BT 290.12 672.25 Td (United ) Tj ET Q q 0 0 0 rg BT 320.08 672.25 Td (Kingdom, ) Tj ET Q q 0 0 0 rg BT 363.09 672.25 Td (Canada, ) Tj ET Q q 0 0 0 rg BT 398.31 672.25 Td (Brazil, ) Tj ET Q q 0 0 0 rg BT 427.98 672.25 Td (Philippines, ) Tj ET Q q 0 0 0 rg BT 478.23 672.25 Td (and ) Tj ET Q q 0 0 0 rg BT 495.40 672.25 Td (Indonesia ) Tj ET Q q 0 0 0 rg BT 537.02 672.25 Td (utilize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 660.25 Td (their ) Tj ET Q q 0 0 0 rg BT 70.02 660.25 Td (local ) Tj ET Q q 0 0 0 rg BT 91.16 660.25 Td (currencies ) Tj ET Q q 0 0 0 rg BT 133.94 660.25 Td (as ) Tj ET Q q 0 0 0 rg BT 143.97 660.25 Td (their ) Tj ET Q q 0 0 0 rg BT 163.99 660.25 Td (functional ) Tj ET Q q 0 0 0 rg BT 206.24 660.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 242.91 660.25 Td (as ) Tj ET Q q 0 0 0 rg BT 252.94 660.25 Td (that ) Tj ET Q q 0 0 0 rg BT 269.63 660.25 Td (accurately ) Tj ET Q q 0 0 0 rg BT 312.41 660.25 Td (reflects ) Tj ET Q q 0 0 0 rg BT 343.54 660.25 Td (the ) Tj ET Q q 0 0 0 rg BT 357.45 660.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 394.13 660.25 Td (used ) Tj ET Q q 0 0 0 rg BT 414.16 660.25 Td (to ) Tj ET Q q 0 0 0 rg BT 423.63 660.25 Td (conduct ) Tj ET Q q 0 0 0 rg BT 456.99 660.25 Td (their ) Tj ET Q q 0 0 0 rg BT 477.01 660.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 525.91 660.25 Td (activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 648.25 Td (in ) Tj ET Q q 0 0 0 rg BT 60.32 648.25 Td (each ) Tj ET Q q 0 0 0 rg BT 81.19 648.25 Td (of ) Tj ET Q q 0 0 0 rg BT 92.06 648.25 Td (these ) Tj ET Q q 0 0 0 rg BT 115.16 648.25 Td (countries. ) Tj ET Q q 0 0 0 rg BT 156.67 648.25 Td (There ) Tj ET Q q 0 0 0 rg BT 182.54 648.25 Td (can ) Tj ET Q q 0 0 0 rg BT 198.96 648.25 Td (be ) Tj ET Q q 0 0 0 rg BT 210.94 648.25 Td (no ) Tj ET Q q 0 0 0 rg BT 223.49 648.25 Td (assurance ) Tj ET Q q 0 0 0 rg BT 264.90 648.25 Td (that ) Tj ET Q q 0 0 0 rg BT 282.45 648.25 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 332.20 648.25 Td (in ) Tj ET Q q 0 0 0 rg BT 342.53 648.25 Td (the ) Tj ET Q q 0 0 0 rg BT 357.29 648.25 Td (value ) Tj ET Q q 0 0 0 rg BT 381.49 648.25 Td (of ) Tj ET Q q 0 0 0 rg BT 392.37 648.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 423.79 648.25 Td (currencies ) Tj ET Q q 0 0 0 rg BT 467.42 648.25 Td (will ) Tj ET Q q 0 0 0 rg BT 485.53 648.25 Td (not ) Tj ET Q q 0 0 0 rg BT 500.85 648.25 Td (have ) Tj ET Q q 0 0 0 rg BT 522.27 648.25 Td (a ) Tj ET Q q 0 0 0 rg BT 529.26 648.25 Td (material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 636.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 84.00 636.25 Td (ef) Tj ET Q q 0 0 0 rg BT 91.59 636.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 110.03 636.25 Td (on ) Tj ET Q q 0 0 0 rg BT 123.49 636.25 Td (the ) Tj ET Q q 0 0 0 rg BT 139.17 636.25 Td (Company) Tj ET Q q 0 0 0 rg BT 180.84 636.25 Td (s ) Tj ET Q q 0 0 0 rg BT 188.19 636.25 Td (business, ) Tj ET Q q 0 0 0 rg BT 228.04 636.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 269.27 636.25 Td (results, ) Tj ET Q q 0 0 0 rg BT 301.33 636.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 340.33 636.25 Td (or ) Tj ET Q q 0 0 0 rg BT 352.12 636.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 390.57 636.25 Td (condition. ) Tj ET Q q 0 0 0 rg BT 434.30 636.25 Td (During ) Tj ET Q q 0 0 0 rg BT 466.09 636.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.77 636.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.75 636.25 Td ( ) Tj ET Q q 0 0 0 rg BT 505.21 636.25 Td (months ) Tj ET Q q 0 0 0 rg BT 538.12 636.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 94.92 624.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.92 624.25 Td ( ) Tj ET Q q 0 0 0 rg BT 118.75 624.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.01 624.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.01 624.25 Td (, ) Tj ET Q q 0 0 0 rg BT 163.33 624.25 Td (the ) Tj ET Q q 0 0 0 rg BT 179.37 624.25 Td (net ) Tj ET Q q 0 0 0 rg BT 195.41 624.25 Td (change ) Tj ET Q q 0 0 0 rg BT 227.55 624.25 Td (in ) Tj ET Q q 0 0 0 rg BT 239.15 624.25 Td (the ) Tj ET Q q 0 0 0 rg BT 255.19 624.25 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 303.44 624.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 336.14 624.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 374.94 624.25 Td (translation ) Tj ET Q q 0 0 0 rg BT 420.98 624.25 Td (account, ) Tj ET Q q 0 0 0 rg BT 458.39 624.25 Td (which ) Tj ET Q q 0 0 0 rg BT 486.66 624.25 Td (is ) Tj ET Q q 0 0 0 rg BT 497.15 624.25 Td (a ) Tj ET Q q 0 0 0 rg BT 505.41 624.25 Td (component ) Tj ET Q q 0 0 0 rg BT 553.67 624.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.25 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 103.74 612.25 Td (other ) Tj ET Q q 0 0 0 rg BT 127.51 612.25 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 191.26 612.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 210.04 612.25 Td (within ) Tj ET Q q 0 0 0 rg BT 238.81 612.25 Td (stockholders) Tj ET Q q 0 0 0 rg BT 291.94 612.25 Td ( ) Tj ET Q q 0 0 0 rg BT 295.16 612.25 Td (equity) Tj ET Q q 0 0 0 rg BT 319.51 612.25 Td (, ) Tj ET Q q 0 0 0 rg BT 325.22 612.25 Td (were ) Tj ET Q q 0 0 0 rg BT 347.87 612.25 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 392.73 612.25 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 426.49 612.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 450.82 612.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.37 612.25 Td ($\(49.8\) ) Tj ET Q q 0 0 0 rg BT 494.74 612.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.63 612.25 Td ( ) Tj ET Q q 0 0 0 rg BT 526.85 612.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.51 612.25 Td ($3.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 600.25 Td (, ) Tj ET Q q 0 0 0 rg BT 85.40 600.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 133.07 600.25 Td (. ) Tj ET Q q 0 0 0 rg BT 139.29 600.25 Td (The ) Tj ET Q q 0 0 0 rg BT 158.85 600.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 201.75 600.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 249.08 600.25 Td (the ) Tj ET Q q 0 0 0 rg BT 265.31 600.25 Td (historical ) Tj ET Q q 0 0 0 rg BT 306.53 600.25 Td (trends ) Tj ET Q q 0 0 0 rg BT 334.98 600.25 Td (in ) Tj ET Q q 0 0 0 rg BT 346.78 600.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 385.76 600.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 427.53 600.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 450.42 600.25 Td (and ) Tj ET Q q 0 0 0 rg BT 468.87 600.25 Td (determined ) Tj ET Q q 0 0 0 rg BT 517.87 600.25 Td (that ) Tj ET Q q 0 0 0 rg BT 536.88 600.25 Td (it ) Tj ET Q q 0 0 0 rg BT 546.45 600.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.25 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 96.06 588.25 Td (possible ) Tj ET Q q 0 0 0 rg BT 131.59 588.25 Td (that ) Tj ET Q q 0 0 0 rg BT 149.33 588.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 182.61 588.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 217.57 588.25 Td (in ) Tj ET Q q 0 0 0 rg BT 228.09 588.25 Td (our ) Tj ET Q q 0 0 0 rg BT 244.17 588.25 Td (respective ) Tj ET Q q 0 0 0 rg BT 287.45 588.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 319.07 588.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 356.79 588.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 397.29 588.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 418.92 588.25 Td (of ) Tj ET Q q 0 0 0 rg BT 429.99 588.25 Td (20% ) Tj ET Q q 0 0 0 rg BT 451.07 588.25 Td (could ) Tj ET Q q 0 0 0 rg BT 476.03 588.25 Td (be ) Tj ET Q q 0 0 0 rg BT 488.22 588.25 Td (experienced ) Tj ET Q q 0 0 0 rg BT 539.27 588.25 Td (in ) Tj ET Q q 0 0 0 rg BT 549.79 588.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 576.25 Td (near ) Tj ET Q q 0 0 0 rg BT 68.98 576.25 Td (term. ) Tj ET Q q 0 0 0 rg BT 91.57 576.25 Td (Such ) Tj ET Q q 0 0 0 rg BT 113.34 576.25 Td (an ) Tj ET Q q 0 0 0 rg BT 124.55 576.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 156.85 576.25 Td (change ) Tj ET Q q 0 0 0 rg BT 186.94 576.25 Td (in ) Tj ET Q q 0 0 0 rg BT 196.48 576.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 233.23 576.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 272.75 576.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 293.40 576.25 Td (would ) Tj ET Q q 0 0 0 rg BT 320.17 576.25 Td (have ) Tj ET Q q 0 0 0 rg BT 340.81 576.25 Td (resulted ) Tj ET Q q 0 0 0 rg BT 374.24 576.25 Td (in ) Tj ET Q q 0 0 0 rg BT 383.79 576.25 Td (reduction ) Tj ET Q q 0 0 0 rg BT 423.32 576.25 Td (to ) Tj ET Q q 0 0 0 rg BT 432.87 576.25 Td (pre-tax ) Tj ET Q q 0 0 0 rg BT 462.95 576.25 Td (income ) Tj ET Q q 0 0 0 rg BT 494.15 576.25 Td (of ) Tj ET Q q 0 0 0 rg BT 504.25 576.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 564.25 Td ($3.4 ) Tj ET Q q 0 0 0 rg BT 70.00 564.25 Td (million ) Tj ET Q q 0 0 0 rg BT 101.39 564.25 Td (and ) Tj ET Q q 0 0 0 rg BT 118.33 564.25 Td ($6.9 ) Tj ET Q q 0 0 0 rg BT 138.33 564.25 Td (million ) Tj ET Q q 0 0 0 rg BT 169.72 564.25 Td (for ) Tj ET Q q 0 0 0 rg BT 183.88 564.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.60 564.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.58 564.25 Td ( ) Tj ET Q q 0 0 0 rg BT 221.08 564.25 Td (months ) Tj ET Q q 0 0 0 rg BT 253.03 564.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.41 564.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 323.01 564.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.01 564.25 Td ( ) Tj ET Q q 0 0 0 rg BT 345.51 564.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.45 564.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.45 564.25 Td (, ) Tj ET Q q 0 0 0 rg BT 387.45 564.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 435.11 564.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 542.25 Td (The ) Tj ET Q q 0 0 0 rg BT 104.75 542.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 152.53 542.25 Td (exposure ) Tj ET Q q 0 0 0 rg BT 191.83 542.25 Td (to ) Tj ET Q q 0 0 0 rg BT 202.81 542.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 235.45 542.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 253.64 542.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 271.84 542.25 Td (relates ) Tj ET Q q 0 0 0 rg BT 301.13 542.25 Td (to ) Tj ET Q q 0 0 0 rg BT 312.11 542.25 Td (its ) Tj ET Q q 0 0 0 rg BT 324.76 542.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 357.40 542.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 392.81 542.25 Td (on ) Tj ET Q q 0 0 0 rg BT 406.01 542.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 455.88 542.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 476.30 542.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 523.94 542.25 Td (and ) Tj ET Q q 0 0 0 rg BT 541.58 542.25 Td (to ) Tj ET Q q 0 0 0 rg BT 552.56 542.25 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 81.27 530.25 Td (income ) Tj ET Q q 0 0 0 rg BT 112.54 530.25 Td (on ) Tj ET Q q 0 0 0 rg BT 124.38 530.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 157.88 530.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 177.48 530.25 Td (balances. ) Tj ET Q q 0 0 0 rg BT 215.83 530.25 Td (As ) Tj ET Q q 0 0 0 rg BT 228.78 530.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.95 530.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 281.88 530.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.88 530.25 Td (, ) Tj ET Q q 0 0 0 rg BT 306.22 530.25 Td (the ) Tj ET Q q 0 0 0 rg BT 320.27 530.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 361.00 530.25 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.27 530.25 Td ($713.3 ) Tj ET Q q 0 0 0 rg BT 406.61 530.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.50 530.25 Td ( ) Tj ET Q q 0 0 0 rg BT 437.33 530.25 Td (of ) Tj ET Q q 0 0 0 rg BT 447.50 530.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 496.00 530.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 515.05 530.25 Td (obligations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.25 Td (which ) Tj ET Q q 0 0 0 rg BT 76.82 518.25 Td (consisted ) Tj ET Q q 0 0 0 rg BT 116.42 518.25 Td (of ) Tj ET Q q 0 0 0 rg BT 127.14 518.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.96 518.25 Td ($272.4 ) Tj ET Q q 0 0 0 rg BT 163.85 518.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.74 518.25 Td ( ) Tj ET Q q 0 0 0 rg BT 195.12 518.25 Td (term ) Tj ET Q q 0 0 0 rg BT 215.83 518.25 Td (loan, ) Tj ET Q q 0 0 0 rg BT 237.93 518.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.75 518.25 Td ($438.0 ) Tj ET Q q 0 0 0 rg BT 274.64 518.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.53 518.25 Td ( ) Tj ET Q q 0 0 0 rg BT 305.91 518.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 338.83 518.25 Td (on ) Tj ET Q q 0 0 0 rg BT 351.22 518.25 Td (our ) Tj ET Q q 0 0 0 rg BT 366.93 518.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 416.51 518.25 Td (banking ) Tj ET Q q 0 0 0 rg BT 451.11 518.25 Td (revolving ) Tj ET Q q 0 0 0 rg BT 491.82 518.25 Td (line ) Tj ET Q q 0 0 0 rg BT 509.20 518.25 Td (of ) Tj ET Q q 0 0 0 rg BT 519.92 518.25 Td (credit, ) Tj ET Q q 0 0 0 rg BT 547.56 518.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.82 506.25 Td ($1.8 ) Tj ET Q q 0 0 0 rg BT 76.71 506.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.60 506.25 Td ( ) Tj ET Q q 0 0 0 rg BT 107.98 506.25 Td (note ) Tj ET Q q 0 0 0 rg BT 127.58 506.25 Td (due ) Tj ET Q q 0 0 0 rg BT 144.41 506.25 Td (to ) Tj ET Q q 0 0 0 rg BT 154.57 506.25 Td (IHC ) Tj ET Q q 0 0 0 rg BT 174.18 506.25 Td (by ) Tj ET Q q 0 0 0 rg BT 186.56 506.25 Td (the ) Tj ET Q q 0 0 0 rg BT 201.16 506.25 Td (EbixHealth ) Tj ET Q q 0 0 0 rg BT 249.09 506.25 Td (JV) Tj ET Q q 0 0 0 rg BT 258.91 506.25 Td (, ) Tj ET Q q 0 0 0 rg BT 263.80 506.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.62 506.25 Td ($1.1 ) Tj ET Q q 0 0 0 rg BT 300.50 506.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.39 506.25 Td ( ) Tj ET Q q 0 0 0 rg BT 331.78 506.25 Td (of ) Tj ET Q q 0 0 0 rg BT 342.49 506.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 362.09 506.25 Td (pertaining ) Tj ET Q q 0 0 0 rg BT 405.02 506.25 Td (to ) Tj ET Q q 0 0 0 rg BT 415.18 506.25 Td (EbixCash. ) Tj ET Q q 0 0 0 rg BT 458.78 506.25 Td (The ) Tj ET Q q 0 0 0 rg BT 476.71 506.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 523.68 506.25 Td (revolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.25 Td (line ) Tj ET Q q 0 0 0 rg BT 66.85 494.25 Td (of ) Tj ET Q q 0 0 0 rg BT 77.03 494.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 101.65 494.25 Td (carries ) Tj ET Q q 0 0 0 rg BT 130.14 494.25 Td (a ) Tj ET Q q 0 0 0 rg BT 136.43 494.25 Td (leverage-based ) Tj ET Q q 0 0 0 rg BT 198.25 494.25 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 230.10 494.25 Td (related ) Tj ET Q q 0 0 0 rg BT 259.15 494.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 290.44 494.25 Td (rate, ) Tj ET Q q 0 0 0 rg BT 309.78 494.25 Td (and ) Tj ET Q q 0 0 0 rg BT 326.07 494.25 Td (stood ) Tj ET Q q 0 0 0 rg BT 349.59 494.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.66 494.25 Td (4.13%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.49 494.25 Td ( ) Tj ET Q q 0 0 0 rg BT 386.34 494.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.41 494.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 438.36 494.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.36 494.25 Td (. ) Tj ET Q q 0 0 0 rg BT 462.58 494.25 Td (The ) Tj ET Q q 0 0 0 rg BT 479.98 494.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 520.71 494.25 Td (is ) Tj ET Q q 0 0 0 rg BT 529.24 494.25 Td (exposed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.25 Td (to ) Tj ET Q q 0 0 0 rg BT 60.10 482.25 Td (market ) Tj ET Q q 0 0 0 rg BT 90.18 482.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 107.50 482.25 Td (in ) Tj ET Q q 0 0 0 rg BT 117.60 482.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 150.47 482.25 Td (to ) Tj ET Q q 0 0 0 rg BT 160.57 482.25 Td (this ) Tj ET Q q 0 0 0 rg BT 177.33 482.25 Td (line ) Tj ET Q q 0 0 0 rg BT 194.65 482.25 Td (of ) Tj ET Q q 0 0 0 rg BT 205.30 482.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 230.39 482.25 Td (in ) Tj ET Q q 0 0 0 rg BT 240.48 482.25 Td (regards ) Tj ET Q q 0 0 0 rg BT 272.23 482.25 Td (to ) Tj ET Q q 0 0 0 rg BT 282.33 482.25 Td (the ) Tj ET Q q 0 0 0 rg BT 296.87 482.25 Td (potential ) Tj ET Q q 0 0 0 rg BT 334.18 482.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 369.26 482.25 Td (in ) Tj ET Q q 0 0 0 rg BT 379.36 482.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 411.11 482.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 445.64 482.25 Td (arising ) Tj ET Q q 0 0 0 rg BT 475.18 482.25 Td (from ) Tj ET Q q 0 0 0 rg BT 496.94 482.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 529.79 482.25 Td (changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (in ) Tj ET Q q 0 0 0 rg BT 59.73 470.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 91.11 470.25 Td (rates. ) Tj ET Q q 0 0 0 rg BT 114.29 470.25 Td (This ) Tj ET Q q 0 0 0 rg BT 134.02 470.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 165.40 470.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 182.33 470.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 199.28 470.25 Td (is ) Tj ET Q q 0 0 0 rg BT 207.90 470.25 Td (estimated ) Tj ET Q q 0 0 0 rg BT 248.17 470.25 Td (as ) Tj ET Q q 0 0 0 rg BT 258.45 470.25 Td (the ) Tj ET Q q 0 0 0 rg BT 272.61 470.25 Td (potential ) Tj ET Q q 0 0 0 rg BT 309.55 470.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 345.91 470.25 Td (in ) Tj ET Q q 0 0 0 rg BT 355.64 470.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 391.47 470.25 Td (resulting ) Tj ET Q q 0 0 0 rg BT 428.41 470.25 Td (from ) Tj ET Q q 0 0 0 rg BT 449.80 470.25 Td (a ) Tj ET Q q 0 0 0 rg BT 456.18 470.25 Td (hypothetical ) Tj ET Q q 0 0 0 rg BT 507.56 470.25 Td (30 ) Tj ET Q q 0 0 0 rg BT 519.51 470.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 541.46 470.25 Td (point ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 85.44 458.25 Td (in ) Tj ET Q q 0 0 0 rg BT 95.91 458.25 Td (the ) Tj ET Q q 0 0 0 rg BT 110.81 458.25 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 143.50 458.25 Td (rate. ) Tj ET Q q 0 0 0 rg BT 163.67 458.25 Td (Such ) Tj ET Q q 0 0 0 rg BT 186.36 458.25 Td (an ) Tj ET Q q 0 0 0 rg BT 198.49 458.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 231.71 458.25 Td (change ) Tj ET Q q 0 0 0 rg BT 262.72 458.25 Td (in ) Tj ET Q q 0 0 0 rg BT 273.18 458.25 Td (the ) Tj ET Q q 0 0 0 rg BT 288.09 458.25 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 320.78 458.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 338.45 458.25 Td (would ) Tj ET Q q 0 0 0 rg BT 366.14 458.25 Td (have ) Tj ET Q q 0 0 0 rg BT 387.70 458.25 Td (resulted ) Tj ET Q q 0 0 0 rg BT 422.05 458.25 Td (in ) Tj ET Q q 0 0 0 rg BT 432.51 458.25 Td (a ) Tj ET Q q 0 0 0 rg BT 439.64 458.25 Td (reduction ) Tj ET Q q 0 0 0 rg BT 480.09 458.25 Td (to ) Tj ET Q q 0 0 0 rg BT 490.56 458.25 Td (pre-tax ) Tj ET Q q 0 0 0 rg BT 521.56 458.25 Td (income ) Tj ET Q q 0 0 0 rg BT 553.68 458.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (approximately ) Tj ET Q q 0 0 0 rg BT 110.21 446.25 Td ($1.1 ) Tj ET Q q 0 0 0 rg BT 130.16 446.25 Td (million ) Tj ET Q q 0 0 0 rg BT 161.51 446.25 Td (and ) Tj ET Q q 0 0 0 rg BT 178.40 446.25 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 198.35 446.25 Td (million ) Tj ET Q q 0 0 0 rg BT 229.70 446.25 Td (for ) Tj ET Q q 0 0 0 rg BT 243.81 446.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.48 446.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.46 446.25 Td ( ) Tj ET Q q 0 0 0 rg BT 280.92 446.25 Td (months ) Tj ET Q q 0 0 0 rg BT 312.82 446.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 446.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 382.70 446.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.70 446.25 Td ( ) Tj ET Q q 0 0 0 rg BT 405.15 446.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.04 446.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.04 446.25 Td (, ) Tj ET Q q 0 0 0 rg BT 446.99 446.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 494.66 446.25 Td (. ) Tj ET Q q 0 0 0 rg BT 499.43 446.25 Td (The ) Tj ET Q q 0 0 0 rg BT 517.43 446.25 Td (Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.25 Td (average ) Tj ET Q q 0 0 0 rg BT 83.71 434.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 104.11 434.25 Td (balances ) Tj ET Q q 0 0 0 rg BT 141.16 434.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 184.89 434.25 Td (restricted\) ) Tj ET Q q 0 0 0 rg BT 228.05 434.25 Td (and ) Tj ET Q q 0 0 0 rg BT 245.12 434.25 Td (short ) Tj ET Q q 0 0 0 rg BT 267.75 434.25 Td (term ) Tj ET Q q 0 0 0 rg BT 288.70 434.25 Td (and ) Tj ET Q q 0 0 0 rg BT 305.77 434.25 Td (long ) Tj ET Q q 0 0 0 rg BT 326.18 434.25 Td (term ) Tj ET Q q 0 0 0 rg BT 347.13 434.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 397.53 434.25 Td (\(in ) Tj ET Q q 0 0 0 rg BT 411.27 434.25 Td (the ) Tj ET Q q 0 0 0 rg BT 426.11 434.25 Td (form ) Tj ET Q q 0 0 0 rg BT 448.18 434.25 Td (of ) Tj ET Q q 0 0 0 rg BT 459.14 434.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 482.31 434.25 Td (deposits\) ) Tj ET Q q 0 0 0 rg BT 521.05 434.25 Td (during ) Tj ET Q q 0 0 0 rg BT 549.79 434.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.99 422.25 Td ( ) Tj ET Q q 0 0 0 rg BT 72.51 422.25 Td (months ) Tj ET Q q 0 0 0 rg BT 104.48 422.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.88 422.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 174.51 422.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.51 422.25 Td ( ) Tj ET Q q 0 0 0 rg BT 197.03 422.25 Td (were ) Tj ET Q q 0 0 0 rg BT 218.98 422.25 Td ($98.4 ) Tj ET Q q 0 0 0 rg BT 244.01 422.25 Td (million ) Tj ET Q q 0 0 0 rg BT 275.42 422.25 Td (and ) Tj ET Q q 0 0 0 rg BT 292.39 422.25 Td (its ) Tj ET Q q 0 0 0 rg BT 304.36 422.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 338.55 422.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 358.84 422.25 Td (balances ) Tj ET Q q 0 0 0 rg BT 395.79 422.25 Td (as ) Tj ET Q q 0 0 0 rg BT 406.65 422.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.50 422.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 461.12 422.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.12 422.25 Td ( ) Tj ET Q q 0 0 0 rg BT 483.65 422.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.60 422.25 Td ($61.9 ) Tj ET Q q 0 0 0 rg BT 530.63 422.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.52 422.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.67 410.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 108.67 410.25 Td (is ) Tj ET Q q 0 0 0 rg BT 117.46 410.25 Td (exposed ) Tj ET Q q 0 0 0 rg BT 152.34 410.25 Td (to ) Tj ET Q q 0 0 0 rg BT 162.24 410.25 Td (market ) Tj ET Q q 0 0 0 rg BT 192.12 410.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 209.24 410.25 Td (in ) Tj ET Q q 0 0 0 rg BT 219.14 410.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 251.80 410.25 Td (to ) Tj ET Q q 0 0 0 rg BT 261.69 410.25 Td (these ) Tj ET Q q 0 0 0 rg BT 284.36 410.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 304.25 410.25 Td (balances ) Tj ET Q q 0 0 0 rg BT 340.79 410.25 Td (in ) Tj ET Q q 0 0 0 rg BT 350.68 410.25 Td (regards ) Tj ET Q q 0 0 0 rg BT 382.23 410.25 Td (to ) Tj ET Q q 0 0 0 rg BT 392.13 410.25 Td (the ) Tj ET Q q 0 0 0 rg BT 406.46 410.25 Td (potential ) Tj ET Q q 0 0 0 rg BT 443.57 410.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 461.25 410.25 Td (of ) Tj ET Q q 0 0 0 rg BT 471.70 410.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 503.25 410.25 Td (income ) Tj ET Q q 0 0 0 rg BT 534.80 410.25 Td (arising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.25 Td (from ) Tj ET Q q 0 0 0 rg BT 72.38 398.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 105.85 398.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 141.00 398.25 Td (in ) Tj ET Q q 0 0 0 rg BT 151.72 398.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 184.09 398.25 Td (rates. ) Tj ET Q q 0 0 0 rg BT 208.20 398.25 Td (This ) Tj ET Q q 0 0 0 rg BT 228.91 398.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 261.29 398.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 279.21 398.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 297.15 398.25 Td (is ) Tj ET Q q 0 0 0 rg BT 306.76 398.25 Td (estimated ) Tj ET Q q 0 0 0 rg BT 348.02 398.25 Td (as ) Tj ET Q q 0 0 0 rg BT 359.29 398.25 Td (the ) Tj ET Q q 0 0 0 rg BT 374.45 398.25 Td (potential ) Tj ET Q q 0 0 0 rg BT 412.38 398.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 449.73 398.25 Td (in ) Tj ET Q q 0 0 0 rg BT 460.45 398.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 497.26 398.25 Td (resulting ) Tj ET Q q 0 0 0 rg BT 535.20 398.25 Td (from ) Tj ET Q q 0 0 0 rg BT 557.58 398.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.25 Td (hypothetical ) Tj ET Q q 0 0 0 rg BT 102.42 386.25 Td (20 ) Tj ET Q q 0 0 0 rg BT 115.42 386.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 138.41 386.25 Td (point ) Tj ET Q q 0 0 0 rg BT 161.96 386.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 199.37 386.25 Td (in ) Tj ET Q q 0 0 0 rg BT 210.15 386.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 242.57 386.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 264.45 386.25 Td (earned ) Tj ET Q q 0 0 0 rg BT 294.09 386.25 Td (on ) Tj ET Q q 0 0 0 rg BT 307.08 386.25 Td (deposited ) Tj ET Q q 0 0 0 rg BT 348.40 386.25 Td (funds. ) Tj ET Q q 0 0 0 rg BT 376.12 386.25 Td (Such ) Tj ET Q q 0 0 0 rg BT 399.11 386.25 Td (an ) Tj ET Q q 0 0 0 rg BT 411.54 386.25 Td (adverse ) Tj ET Q q 0 0 0 rg BT 445.08 386.25 Td (change ) Tj ET Q q 0 0 0 rg BT 476.39 386.25 Td (in ) Tj ET Q q 0 0 0 rg BT 487.16 386.25 Td (these ) Tj ET Q q 0 0 0 rg BT 510.70 386.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 543.13 386.25 Td (rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.25 Td (would ) Tj ET Q q 0 0 0 rg BT 77.89 374.25 Td (have ) Tj ET Q q 0 0 0 rg BT 99.66 374.25 Td (resulted ) Tj ET Q q 0 0 0 rg BT 134.20 374.25 Td (in ) Tj ET Q q 0 0 0 rg BT 144.87 374.25 Td (a ) Tj ET Q q 0 0 0 rg BT 152.20 374.25 Td (reduction ) Tj ET Q q 0 0 0 rg BT 192.86 374.25 Td (to ) Tj ET Q q 0 0 0 rg BT 203.53 374.25 Td (pre-tax ) Tj ET Q q 0 0 0 rg BT 234.73 374.25 Td (income ) Tj ET Q q 0 0 0 rg BT 267.06 374.25 Td (of ) Tj ET Q q 0 0 0 rg BT 278.28 374.25 Td (approximately ) Tj ET Q q 0 0 0 rg BT 338.93 374.25 Td ($104 ) Tj ET Q q 0 0 0 rg BT 361.82 374.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 400.82 374.25 Td (and ) Tj ET Q q 0 0 0 rg BT 418.14 374.25 Td ($121 ) Tj ET Q q 0 0 0 rg BT 441.04 374.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 480.03 374.25 Td (for ) Tj ET Q q 0 0 0 rg BT 494.58 374.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.69 374.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.68 374.25 Td ( ) Tj ET Q q 0 0 0 rg BT 532.57 374.25 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.38 362.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 119.98 362.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.98 362.25 Td ( ) Tj ET Q q 0 0 0 rg BT 142.48 362.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.41 362.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.41 362.25 Td (, ) Tj ET Q q 0 0 0 rg BT 184.41 362.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 232.08 362.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 340.25 Td (There ) Tj ET Q q 0 0 0 rg BT 112.13 340.25 Td (were ) Tj ET Q q 0 0 0 rg BT 134.37 340.25 Td (no ) Tj ET Q q 0 0 0 rg BT 147.18 340.25 Td (other ) Tj ET Q q 0 0 0 rg BT 170.54 340.25 Td (material ) Tj ET Q q 0 0 0 rg BT 206.11 340.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 241.13 340.25 Td (to ) Tj ET Q q 0 0 0 rg BT 251.72 340.25 Td (our ) Tj ET Q q 0 0 0 rg BT 267.86 340.25 Td (market ) Tj ET Q q 0 0 0 rg BT 298.43 340.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 316.24 340.25 Td (exposure ) Tj ET Q q 0 0 0 rg BT 355.15 340.25 Td (during ) Tj ET Q q 0 0 0 rg BT 384.07 340.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.10 340.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.09 340.25 Td ( ) Tj ET Q q 0 0 0 rg BT 421.90 340.25 Td (months ) Tj ET Q q 0 0 0 rg BT 454.16 340.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.85 340.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 524.76 340.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.76 340.25 Td ( ) Tj ET Q q 0 0 0 rg BT 547.57 340.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 328.25 Td (. ) Tj ET Q q 0 0 0 rg BT 75.46 328.25 Td (For ) Tj ET Q q 0 0 0 rg BT 92.31 328.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 135.26 328.25 Td (information ) Tj ET Q q 0 0 0 rg BT 185.43 328.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 226.70 328.25 Td (our ) Tj ET Q q 0 0 0 rg BT 242.99 328.25 Td (exposure ) Tj ET Q q 0 0 0 rg BT 282.04 328.25 Td (to ) Tj ET Q q 0 0 0 rg BT 292.78 328.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 322.94 328.25 Td (market ) Tj ET Q q 0 0 0 rg BT 353.66 328.25 Td (risks, ) Tj ET Q q 0 0 0 rg BT 378.01 328.25 Td (see ) Tj ET Q q 0 0 0 rg BT 393.74 328.25 Td (Quantitative ) Tj ET Q q 0 0 0 rg BT 450.56 328.25 Td (and ) Tj ET Q q 0 0 0 rg BT 467.96 328.25 Td (Qualitative ) Tj ET Q q 0 0 0 rg BT 515.35 328.25 Td (Disclosures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.25 Td (about ) Tj ET Q q 0 0 0 rg BT 74.72 316.25 Td (Market ) Tj ET Q q 0 0 0 rg BT 106.09 316.25 Td (Risk, ) Tj ET Q q 0 0 0 rg BT 133.87 316.25 Td (in ) Tj ET Q q 0 0 0 rg BT 144.15 316.25 Td (PartII, ) Tj ET Q q 0 0 0 rg BT 174.42 316.25 Td (Item7A) Tj ET Q q 0 0 0 rg BT 206.91 316.25 Td ( ) Tj ET Q q 0 0 0 rg BT 209.41 316.25 Td (of ) Tj ET Q q 0 0 0 rg BT 220.24 316.25 Td (our ) Tj ET Q q 0 0 0 rg BT 236.07 316.25 Td (2019 ) Tj ET Q q 0 0 0 rg BT 258.57 316.25 Td (Form ) Tj ET Q q 0 0 0 rg BT 282.74 316.25 Td (10-K.) Tj ET Q endstream endobj 95 0 obj <>] /Rotate 0 /Contents 96 0 R>> endobj 96 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Item4: ) Tj ET Q q 0 0 0 rg BT 83.32 742.25 Td (CONTROLS ) Tj ET Q q 0 0 0 rg BT 141.39 742.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 165.56 742.25 Td (PROCEDURES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (Evaluation ) Tj ET Q q 0 0 0 rg BT 99.18 706.25 Td (of ) Tj ET Q q 0 0 0 rg BT 110.01 706.25 Td (Disclosur) Tj ET Q q 0 0 0 rg BT 149.83 706.25 Td (e ) Tj ET Q q 0 0 0 rg BT 156.77 706.25 Td (Contr) Tj ET Q q 0 0 0 rg BT 182.14 706.25 Td (ols ) Tj ET Q q 0 0 0 rg BT 196.31 706.25 Td (and ) Tj ET Q q 0 0 0 rg BT 214.93 706.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 225.30 706.25 Td (ocedur) Tj ET Q q 0 0 0 rg BT 254.56 706.25 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 682.25 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 682.25 Td (e ) Tj ET Q q 0 0 0 rg BT 100.73 682.25 Td (maintain ) Tj ET Q q 0 0 0 rg BT 137.37 682.25 Td (a ) Tj ET Q q 0 0 0 rg BT 143.46 682.25 Td (system ) Tj ET Q q 0 0 0 rg BT 172.88 682.25 Td (of ) Tj ET Q q 0 0 0 rg BT 182.87 682.25 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 225.06 682.25 Td (controls ) Tj ET Q q 0 0 0 rg BT 258.93 682.25 Td (and ) Tj ET Q q 0 0 0 rg BT 275.02 682.25 Td (procedures ) Tj ET Q q 0 0 0 rg BT 320.54 682.25 Td (designed ) Tj ET Q q 0 0 0 rg BT 357.73 682.25 Td (to ) Tj ET Q q 0 0 0 rg BT 367.16 682.25 Td (provide ) Tj ET Q q 0 0 0 rg BT 399.36 682.25 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 443.76 682.25 Td (assurance ) Tj ET Q q 0 0 0 rg BT 484.28 682.25 Td (that ) Tj ET Q q 0 0 0 rg BT 500.93 682.25 Td (the ) Tj ET Q q 0 0 0 rg BT 514.79 682.25 Td (information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (required ) Tj ET Q q 0 0 0 rg BT 86.91 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 98.28 670.25 Td (be ) Tj ET Q q 0 0 0 rg BT 111.31 670.25 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 152.11 670.25 Td (by ) Tj ET Q q 0 0 0 rg BT 165.71 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 181.51 670.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 223.99 670.25 Td (in ) Tj ET Q q 0 0 0 rg BT 235.36 670.25 Td (reports ) Tj ET Q q 0 0 0 rg BT 266.72 670.25 Td (that ) Tj ET Q q 0 0 0 rg BT 285.31 670.25 Td (we ) Tj ET Q q 0 0 0 rg BT 300.56 670.25 Td (file ) Tj ET Q q 0 0 0 rg BT 317.48 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 335.51 670.25 Td (submit ) Tj ET Q q 0 0 0 rg BT 366.32 670.25 Td (under ) Tj ET Q q 0 0 0 rg BT 392.68 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 408.49 670.25 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 450.71 670.25 Td (Act ) Tj ET Q q 0 0 0 rg BT 468.74 670.25 Td (is ) Tj ET Q q 0 0 0 rg BT 479.00 670.25 Td (recorded, ) Tj ET Q q 0 0 0 rg BT 520.07 670.25 Td (processed, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (summarized ) Tj ET Q q 0 0 0 rg BT 101.44 658.25 Td (and ) Tj ET Q q 0 0 0 rg BT 118.44 658.25 Td (reported ) Tj ET Q q 0 0 0 rg BT 154.32 658.25 Td (accurately ) Tj ET Q q 0 0 0 rg BT 197.97 658.25 Td (within ) Tj ET Q q 0 0 0 rg BT 226.09 658.25 Td (the ) Tj ET Q q 0 0 0 rg BT 240.87 658.25 Td (time ) Tj ET Q q 0 0 0 rg BT 261.21 658.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 293.22 658.25 Td (specified ) Tj ET Q q 0 0 0 rg BT 331.88 658.25 Td (in ) Tj ET Q q 0 0 0 rg BT 342.22 658.25 Td (the ) Tj ET Q q 0 0 0 rg BT 357.00 658.25 Td (SEC's ) Tj ET Q q 0 0 0 rg BT 383.60 658.25 Td (rules ) Tj ET Q q 0 0 0 rg BT 405.61 658.25 Td (and ) Tj ET Q q 0 0 0 rg BT 422.61 658.25 Td (forms. ) Tj ET Q q 0 0 0 rg BT 451.01 658.25 Td (Disclosure ) Tj ET Q q 0 0 0 rg BT 496.34 658.25 Td (controls ) Tj ET Q q 0 0 0 rg BT 531.13 658.25 Td (also ) Tj ET Q q 0 0 0 rg BT 549.80 658.25 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (designed ) Tj ET Q q 0 0 0 rg BT 89.26 646.25 Td (to ) Tj ET Q q 0 0 0 rg BT 100.76 646.25 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 147.79 646.25 Td (assure ) Tj ET Q q 0 0 0 rg BT 176.50 646.25 Td (that ) Tj ET Q q 0 0 0 rg BT 195.21 646.25 Td (such ) Tj ET Q q 0 0 0 rg BT 217.26 646.25 Td (information ) Tj ET Q q 0 0 0 rg BT 268.19 646.25 Td (is ) Tj ET Q q 0 0 0 rg BT 278.58 646.25 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 332.82 646.25 Td (and ) Tj ET Q q 0 0 0 rg BT 350.98 646.25 Td (communicated ) Tj ET Q q 0 0 0 rg BT 413.56 646.25 Td (to ) Tj ET Q q 0 0 0 rg BT 425.06 646.25 Td (management, ) Tj ET Q q 0 0 0 rg BT 482.36 646.25 Td (including ) Tj ET Q q 0 0 0 rg BT 523.85 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 539.79 646.25 Td (Chief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (Executive ) Tj ET Q q 0 0 0 rg BT 91.86 634.25 Td (Of) Tj ET Q q 0 0 0 rg BT 102.23 634.25 Td (ficer ) Tj ET Q q 0 0 0 rg BT 122.43 634.25 Td (and ) Tj ET Q q 0 0 0 rg BT 138.75 634.25 Td (Chief ) Tj ET Q q 0 0 0 rg BT 162.85 634.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 201.94 634.25 Td (Of) Tj ET Q q 0 0 0 rg BT 212.31 634.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 230.23 634.25 Td (, ) Tj ET Q q 0 0 0 rg BT 234.61 634.25 Td (as ) Tj ET Q q 0 0 0 rg BT 244.82 634.25 Td (appropriate, ) Tj ET Q q 0 0 0 rg BT 294.73 634.25 Td (to ) Tj ET Q q 0 0 0 rg BT 304.39 634.25 Td (allow ) Tj ET Q q 0 0 0 rg BT 328.49 634.25 Td (timely ) Tj ET Q q 0 0 0 rg BT 355.92 634.25 Td (decisions ) Tj ET Q q 0 0 0 rg BT 395.02 634.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 435.22 634.25 Td (required ) Tj ET Q q 0 0 0 rg BT 470.42 634.25 Td (disclosures. ) Tj ET Q q 0 0 0 rg BT 519.24 634.25 Td (Disclosure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (controls ) Tj ET Q q 0 0 0 rg BT 84.14 622.25 Td (include ) Tj ET Q q 0 0 0 rg BT 115.50 622.25 Td (components ) Tj ET Q q 0 0 0 rg BT 165.74 622.25 Td (of ) Tj ET Q q 0 0 0 rg BT 176.00 622.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 208.46 622.25 Td (control ) Tj ET Q q 0 0 0 rg BT 238.71 622.25 Td (over ) Tj ET Q q 0 0 0 rg BT 258.40 622.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 295.30 622.25 Td (reporting, ) Tj ET Q q 0 0 0 rg BT 336.38 622.25 Td (which ) Tj ET Q q 0 0 0 rg BT 362.74 622.25 Td (consists ) Tj ET Q q 0 0 0 rg BT 396.34 622.25 Td (of ) Tj ET Q q 0 0 0 rg BT 406.59 622.25 Td (control ) Tj ET Q q 0 0 0 rg BT 436.84 622.25 Td (processes ) Tj ET Q q 0 0 0 rg BT 477.08 622.25 Td (designated ) Tj ET Q q 0 0 0 rg BT 521.77 622.25 Td (to ) Tj ET Q q 0 0 0 rg BT 531.47 622.25 Td (provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 94.80 610.25 Td (assurance ) Tj ET Q q 0 0 0 rg BT 135.72 610.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 176.08 610.25 Td (the ) Tj ET Q q 0 0 0 rg BT 190.35 610.25 Td (reliability ) Tj ET Q q 0 0 0 rg BT 231.27 610.25 Td (of ) Tj ET Q q 0 0 0 rg BT 241.65 610.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 278.68 610.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 317.38 610.25 Td (and ) Tj ET Q q 0 0 0 rg BT 333.87 610.25 Td (the ) Tj ET Q q 0 0 0 rg BT 348.13 610.25 Td (preparation ) Tj ET Q q 0 0 0 rg BT 395.72 610.25 Td (of ) Tj ET Q q 0 0 0 rg BT 406.09 610.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 443.12 610.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 487.38 610.25 Td (in ) Tj ET Q q 0 0 0 rg BT 497.21 610.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 544.22 610.25 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (United ) Tj ET Q q 0 0 0 rg BT 79.72 598.25 Td (States ) Tj ET Q q 0 0 0 rg BT 106.10 598.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 145.81 598.25 Td (accepted ) Tj ET Q q 0 0 0 rg BT 183.28 598.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 229.65 598.25 Td (principles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 574.25 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 574.25 Td (e ) Tj ET Q q 0 0 0 rg BT 101.90 574.25 Td (monitor ) Tj ET Q q 0 0 0 rg BT 136.39 574.25 Td (and ) Tj ET Q q 0 0 0 rg BT 153.65 574.25 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 189.79 574.25 Td (on ) Tj ET Q q 0 0 0 rg BT 202.61 574.25 Td (an ) Tj ET Q q 0 0 0 rg BT 214.87 574.25 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 250.47 574.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 273.30 574.25 Td (our ) Tj ET Q q 0 0 0 rg BT 289.45 574.25 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 332.82 574.25 Td (controls ) Tj ET Q q 0 0 0 rg BT 367.86 574.25 Td (and ) Tj ET Q q 0 0 0 rg BT 385.12 574.25 Td (procedures ) Tj ET Q q 0 0 0 rg BT 431.81 574.25 Td (in ) Tj ET Q q 0 0 0 rg BT 442.42 574.25 Td (order ) Tj ET Q q 0 0 0 rg BT 466.34 574.25 Td (to ) Tj ET Q q 0 0 0 rg BT 476.94 574.25 Td (improve ) Tj ET Q q 0 0 0 rg BT 513.09 574.25 Td (their ) Tj ET Q q 0 0 0 rg BT 534.24 574.25 Td (overall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 562.25 Td (fectiveness. ) Tj ET Q q 0 0 0 rg BT 106.94 562.25 Td (In ) Tj ET Q q 0 0 0 rg BT 117.70 562.25 Td (the ) Tj ET Q q 0 0 0 rg BT 132.35 562.25 Td (course ) Tj ET Q q 0 0 0 rg BT 160.88 562.25 Td (of ) Tj ET Q q 0 0 0 rg BT 171.64 562.25 Td (these ) Tj ET Q q 0 0 0 rg BT 194.62 562.25 Td (evaluations, ) Tj ET Q q 0 0 0 rg BT 245.09 562.25 Td (we ) Tj ET Q q 0 0 0 rg BT 259.18 562.25 Td (modify ) Tj ET Q q 0 0 0 rg BT 290.50 562.25 Td (and ) Tj ET Q q 0 0 0 rg BT 307.37 562.25 Td (refine ) Tj ET Q q 0 0 0 rg BT 333.11 562.25 Td (our ) Tj ET Q q 0 0 0 rg BT 348.88 562.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 381.85 562.25 Td (processes ) Tj ET Q q 0 0 0 rg BT 422.60 562.25 Td (and ) Tj ET Q q 0 0 0 rg BT 439.47 562.25 Td (controls ) Tj ET Q q 0 0 0 rg BT 474.12 562.25 Td (as ) Tj ET Q q 0 0 0 rg BT 484.88 562.25 Td (conditions ) Tj ET Q q 0 0 0 rg BT 528.97 562.25 Td (warrant.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 538.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 103.95 538.25 Td (management, ) Tj ET Q q 0 0 0 rg BT 159.94 538.25 Td (including ) Tj ET Q q 0 0 0 rg BT 200.12 538.25 Td (our ) Tj ET Q q 0 0 0 rg BT 215.85 538.25 Td (Chief ) Tj ET Q q 0 0 0 rg BT 240.47 538.25 Td (Executive ) Tj ET Q q 0 0 0 rg BT 282.85 538.25 Td (Of) Tj ET Q q 0 0 0 rg BT 293.22 538.25 Td (ficer ) Tj ET Q q 0 0 0 rg BT 313.94 538.25 Td (and ) Tj ET Q q 0 0 0 rg BT 330.78 538.25 Td (Chief ) Tj ET Q q 0 0 0 rg BT 355.40 538.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 395.01 538.25 Td (Of) Tj ET Q q 0 0 0 rg BT 405.38 538.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 423.29 538.25 Td (, ) Tj ET Q q 0 0 0 rg BT 428.20 538.25 Td (evaluated ) Tj ET Q q 0 0 0 rg BT 468.91 538.25 Td (the ) Tj ET Q q 0 0 0 rg BT 483.53 538.25 Td (ef) Tj ET Q q 0 0 0 rg BT 491.11 538.25 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 537.94 538.25 Td (of ) Tj ET Q q 0 0 0 rg BT 548.67 538.25 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 97.48 526.25 Td (controls ) Tj ET Q q 0 0 0 rg BT 132.20 526.25 Td (and ) Tj ET Q q 0 0 0 rg BT 149.13 526.25 Td (procedures ) Tj ET Q q 0 0 0 rg BT 199.94 526.25 Td (\(as ) Tj ET Q q 0 0 0 rg BT 214.09 526.25 Td (defined ) Tj ET Q q 0 0 0 rg BT 246.58 526.25 Td (in ) Tj ET Q q 0 0 0 rg BT 256.85 526.25 Td (Rule ) Tj ET Q q 0 0 0 rg BT 278.24 526.25 Td (13a-15\(e\) ) Tj ET Q q 0 0 0 rg BT 319.60 526.25 Td (promulgated ) Tj ET Q q 0 0 0 rg BT 372.64 526.25 Td (under ) Tj ET Q q 0 0 0 rg BT 397.91 526.25 Td (the ) Tj ET Q q 0 0 0 rg BT 412.62 526.25 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 453.99 526.25 Td (Act\) ) Tj ET Q q 0 0 0 rg BT 474.26 526.25 Td (as ) Tj ET Q q 0 0 0 rg BT 485.09 526.25 Td (of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.92 526.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 539.51 526.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.51 526.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (Based ) Tj ET Q q 0 0 0 rg BT 76.45 514.25 Td (on ) Tj ET Q q 0 0 0 rg BT 88.46 514.25 Td (this ) Tj ET Q q 0 0 0 rg BT 104.92 514.25 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 148.58 514.25 Td (the ) Tj ET Q q 0 0 0 rg BT 162.81 514.25 Td (Company) Tj ET Q q 0 0 0 rg BT 204.48 514.25 Td (s ) Tj ET Q q 0 0 0 rg BT 210.38 514.25 Td (Chief ) Tj ET Q q 0 0 0 rg BT 234.61 514.25 Td (Executive ) Tj ET Q q 0 0 0 rg BT 276.60 514.25 Td (Of) Tj ET Q q 0 0 0 rg BT 286.97 514.25 Td (ficer ) Tj ET Q q 0 0 0 rg BT 307.30 514.25 Td (and ) Tj ET Q q 0 0 0 rg BT 323.75 514.25 Td (Chief ) Tj ET Q q 0 0 0 rg BT 347.98 514.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 387.20 514.25 Td (Of) Tj ET Q q 0 0 0 rg BT 397.57 514.25 Td (ficer ) Tj ET Q q 0 0 0 rg BT 417.90 514.25 Td (have ) Tj ET Q q 0 0 0 rg BT 438.79 514.25 Td (concluded ) Tj ET Q q 0 0 0 rg BT 481.89 514.25 Td (that ) Tj ET Q q 0 0 0 rg BT 498.90 514.25 Td (these ) Tj ET Q q 0 0 0 rg BT 521.46 514.25 Td (disclosure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (controls ) Tj ET Q q 0 0 0 rg BT 85.06 502.25 Td (and ) Tj ET Q q 0 0 0 rg BT 102.35 502.25 Td (procedures ) Tj ET Q q 0 0 0 rg BT 149.06 502.25 Td (are ) Tj ET Q q 0 0 0 rg BT 164.11 502.25 Td (ef) Tj ET Q q 0 0 0 rg BT 171.70 502.25 Td (fective. ) Tj ET Q q 0 0 0 rg BT 204.04 502.25 Td (There ) Tj ET Q q 0 0 0 rg BT 230.20 502.25 Td (were ) Tj ET Q q 0 0 0 rg BT 252.48 502.25 Td (no ) Tj ET Q q 0 0 0 rg BT 265.32 502.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 300.38 502.25 Td (in ) Tj ET Q q 0 0 0 rg BT 311.00 502.25 Td (our ) Tj ET Q q 0 0 0 rg BT 327.18 502.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 360.56 502.25 Td (control ) Tj ET Q q 0 0 0 rg BT 391.73 502.25 Td (over ) Tj ET Q q 0 0 0 rg BT 412.35 502.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 450.17 502.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 489.68 502.25 Td (during ) Tj ET Q q 0 0 0 rg BT 518.63 502.25 Td (the ) Tj ET Q q 0 0 0 rg BT 533.69 502.25 Td (quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.72 490.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 118.66 490.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.66 490.25 Td ( ) Tj ET Q q 0 0 0 rg BT 140.50 490.25 Td (that ) Tj ET Q q 0 0 0 rg BT 157.34 490.25 Td (have ) Tj ET Q q 0 0 0 rg BT 178.06 490.25 Td (materially ) Tj ET Q q 0 0 0 rg BT 220.44 490.25 Td (af) Tj ET Q q 0 0 0 rg BT 228.03 490.25 Td (fected, ) Tj ET Q q 0 0 0 rg BT 256.79 490.25 Td (or ) Tj ET Q q 0 0 0 rg BT 266.96 490.25 Td (are ) Tj ET Q q 0 0 0 rg BT 281.01 490.25 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 326.17 490.25 Td (likely ) Tj ET Q q 0 0 0 rg BT 350.79 490.25 Td (to ) Tj ET Q q 0 0 0 rg BT 360.41 490.25 Td (materially ) Tj ET Q q 0 0 0 rg BT 402.79 490.25 Td (af) Tj ET Q q 0 0 0 rg BT 410.38 490.25 Td (fect, ) Tj ET Q q 0 0 0 rg BT 429.70 490.25 Td (our ) Tj ET Q q 0 0 0 rg BT 444.88 490.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 477.26 490.25 Td (control ) Tj ET Q q 0 0 0 rg BT 507.43 490.25 Td (over ) Tj ET Q q 0 0 0 rg BT 527.04 490.25 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (reporting. ) Tj ET Q q 0 0 0 rg BT 91.44 478.25 Td (W) Tj ET Q q 0 0 0 rg BT 100.08 478.25 Td (e ) Tj ET Q q 0 0 0 rg BT 106.98 478.25 Td (have ) Tj ET Q q 0 0 0 rg BT 128.32 478.25 Td (not ) Tj ET Q q 0 0 0 rg BT 143.56 478.25 Td (experienced ) Tj ET Q q 0 0 0 rg BT 194.33 478.25 Td (any ) Tj ET Q q 0 0 0 rg BT 211.23 478.25 Td (material ) Tj ET Q q 0 0 0 rg BT 246.45 478.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 281.12 478.25 Td (to ) Tj ET Q q 0 0 0 rg BT 291.36 478.25 Td (our ) Tj ET Q q 0 0 0 rg BT 307.16 478.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 340.16 478.25 Td (controls ) Tj ET Q q 0 0 0 rg BT 374.84 478.25 Td (over ) Tj ET Q q 0 0 0 rg BT 395.07 478.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 432.52 478.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 471.64 478.25 Td (despite ) Tj ET Q q 0 0 0 rg BT 502.42 478.25 Td (the ) Tj ET Q q 0 0 0 rg BT 517.10 478.25 Td (fact ) Tj ET Q q 0 0 0 rg BT 534.55 478.25 Td (that ) Tj ET Q q 0 0 0 rg BT 552.01 478.25 Td (all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (non-essential ) Tj ET Q q 0 0 0 rg BT 106.04 466.25 Td (employees ) Tj ET Q q 0 0 0 rg BT 152.07 466.25 Td (are ) Tj ET Q q 0 0 0 rg BT 167.55 466.25 Td (working ) Tj ET Q q 0 0 0 rg BT 204.16 466.25 Td (remotely ) Tj ET Q q 0 0 0 rg BT 242.97 466.25 Td (due ) Tj ET Q q 0 0 0 rg BT 260.68 466.25 Td (to ) Tj ET Q q 0 0 0 rg BT 271.73 466.25 Td (the ) Tj ET Q q 0 0 0 rg BT 287.22 466.25 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 335.49 466.25 Td (pandemic. ) Tj ET Q q 0 0 0 rg BT 379.90 466.25 Td (W) Tj ET Q q 0 0 0 rg BT 388.54 466.25 Td (e ) Tj ET Q q 0 0 0 rg BT 396.25 466.25 Td (are ) Tj ET Q q 0 0 0 rg BT 411.73 466.25 Td (continually ) Tj ET Q q 0 0 0 rg BT 459.99 466.25 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 507.71 466.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.20 466.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 553.68 466.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 97.50 454.25 Td (on ) Tj ET Q q 0 0 0 rg BT 110.00 454.25 Td (the ) Tj ET Q q 0 0 0 rg BT 124.71 454.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 164.98 454.25 Td (ef) Tj ET Q q 0 0 0 rg BT 172.56 454.25 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 219.49 454.25 Td (of ) Tj ET Q q 0 0 0 rg BT 230.32 454.25 Td (our ) Tj ET Q q 0 0 0 rg BT 246.15 454.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 279.19 454.25 Td (control ) Tj ET Q q 0 0 0 rg BT 310.01 454.25 Td (over ) Tj ET Q q 0 0 0 rg BT 330.28 454.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 367.76 454.25 Td (reporting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 442.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (Part ) Tj ET Q q 0 0 0 rg BT 71.38 430.25 Td (II ) Tj ET Q q 0 0 0 rg BT 81.66 430.25 Td ( ) Tj ET Q q 0 0 0 rg BT 94.16 430.25 Td (OTHER ) Tj ET Q q 0 0 0 rg BT 132.78 430.25 Td (INFORMA) Tj ET Q q 0 0 0 rg BT 180.92 430.25 Td (TION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (Item1: ) Tj ET Q q 0 0 0 rg BT 83.32 394.25 Td (LEGAL) Tj ET Q q 0 0 0 rg BT 117.78 394.25 Td ( ) Tj ET Q q 0 0 0 rg BT 120.28 394.25 Td (PROCEEDINGS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 370.25 Td (As ) Tj ET Q q 0 0 0 rg BT 98.63 370.25 Td (the ) Tj ET Q q 0 0 0 rg BT 112.36 370.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 152.76 370.25 Td (has ) Tj ET Q q 0 0 0 rg BT 167.60 370.25 Td (previously ) Tj ET Q q 0 0 0 rg BT 211.33 370.25 Td (disclosed, ) Tj ET Q q 0 0 0 rg BT 252.56 370.25 Td (in ) Tj ET Q q 0 0 0 rg BT 261.85 370.25 Td (May ) Tj ET Q q 0 0 0 rg BT 281.70 370.25 Td (2013, ) Tj ET Q q 0 0 0 rg BT 305.71 370.25 Td (twelve ) Tj ET Q q 0 0 0 rg BT 333.88 370.25 Td (putative ) Tj ET Q q 0 0 0 rg BT 367.61 370.25 Td (class ) Tj ET Q q 0 0 0 rg BT 388.56 370.25 Td (action ) Tj ET Q q 0 0 0 rg BT 414.51 370.25 Td (complaints ) Tj ET Q q 0 0 0 rg BT 459.90 370.25 Td (were ) Tj ET Q q 0 0 0 rg BT 480.84 370.25 Td (filed ) Tj ET Q q 0 0 0 rg BT 500.68 370.25 Td (in ) Tj ET Q q 0 0 0 rg BT 509.97 370.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.71 370.25 Td (Delaware ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 75.36 358.25 Td (of ) Tj ET Q q 0 0 0 rg BT 86.27 358.25 Td (Chancery ) Tj ET Q q 0 0 0 rg BT 127.16 358.25 Td (against ) Tj ET Q q 0 0 0 rg BT 158.07 358.25 Td (the ) Tj ET Q q 0 0 0 rg BT 172.86 358.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 214.33 358.25 Td (and ) Tj ET Q q 0 0 0 rg BT 231.35 358.25 Td (its ) Tj ET Q q 0 0 0 rg BT 243.38 358.25 Td (board ) Tj ET Q q 0 0 0 rg BT 268.72 358.25 Td (of ) Tj ET Q q 0 0 0 rg BT 279.63 358.25 Td (directors ) Tj ET Q q 0 0 0 rg BT 317.20 358.25 Td (challenging ) Tj ET Q q 0 0 0 rg BT 366.43 358.25 Td (a ) Tj ET Q q 0 0 0 rg BT 373.45 358.25 Td (proposed ) Tj ET Q q 0 0 0 rg BT 412.69 358.25 Td (mer) Tj ET Q q 0 0 0 rg BT 428.05 358.25 Td (ger ) Tj ET Q q 0 0 0 rg BT 443.40 358.25 Td (between ) Tj ET Q q 0 0 0 rg BT 479.30 358.25 Td (the ) Tj ET Q q 0 0 0 rg BT 494.09 358.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 535.56 358.25 Td (and ) Tj ET Q q 0 0 0 rg BT 552.58 358.25 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 346.25 Td (filiate ) Tj ET Q q 0 0 0 rg BT 84.20 346.25 Td (of ) Tj ET Q q 0 0 0 rg BT 95.82 346.25 Td (Goldman ) Tj ET Q q 0 0 0 rg BT 136.33 346.25 Td (Sachs ) Tj ET Q q 0 0 0 rg BT 162.95 346.25 Td (& ) Tj ET Q q 0 0 0 rg BT 174.01 346.25 Td (Co. ) Tj ET Q q 0 0 0 rg BT 193.97 346.25 Td (On ) Tj ET Q q 0 0 0 rg BT 209.49 346.25 Td (June ) Tj ET Q q 0 0 0 rg BT 231.11 346.25 Td (10, ) Tj ET Q q 0 0 0 rg BT 246.90 346.25 Td (2013, ) Tj ET Q q 0 0 0 rg BT 272.69 346.25 Td (the ) Tj ET Q q 0 0 0 rg BT 288.19 346.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 314.26 346.25 Td (entered ) Tj ET Q q 0 0 0 rg BT 346.97 346.25 Td (an ) Tj ET Q q 0 0 0 rg BT 359.70 346.25 Td (Order ) Tj ET Q q 0 0 0 rg BT 386.31 346.25 Td (of ) Tj ET Q q 0 0 0 rg BT 397.93 346.25 Td (Consolidation ) Tj ET Q q 0 0 0 rg BT 457.34 346.25 Td (and ) Tj ET Q q 0 0 0 rg BT 474.34 346.25 Td (Appointment ) Tj ET Q q 0 0 0 rg BT 530.40 346.25 Td (of ) Tj ET Q q 0 0 0 rg BT 542.02 346.25 Td (Lead ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (Plaintif) Tj ET Q q 0 0 0 rg BT 79.26 334.25 Td (fs ) Tj ET Q q 0 0 0 rg BT 88.42 334.25 Td (and ) Tj ET Q q 0 0 0 rg BT 104.80 334.25 Td (a ) Tj ET Q q 0 0 0 rg BT 111.18 334.25 Td (Leadership ) Tj ET Q q 0 0 0 rg BT 157.54 334.25 Td (Structure ) Tj ET Q q 0 0 0 rg BT 196.14 334.25 Td (consolidating ) Tj ET Q q 0 0 0 rg BT 251.96 334.25 Td (the ) Tj ET Q q 0 0 0 rg BT 266.12 334.25 Td (twelve ) Tj ET Q q 0 0 0 rg BT 294.71 334.25 Td (actions ) Tj ET Q q 0 0 0 rg BT 324.98 334.25 Td (and ) Tj ET Q q 0 0 0 rg BT 341.36 334.25 Td (appointing ) Tj ET Q q 0 0 0 rg BT 386.07 334.25 Td (lead ) Tj ET Q q 0 0 0 rg BT 404.67 334.25 Td (plaintif) Tj ET Q q 0 0 0 rg BT 433.37 334.25 Td (fs ) Tj ET Q q 0 0 0 rg BT 442.53 334.25 Td (\(Plaintif) Tj ET Q q 0 0 0 rg BT 479.56 334.25 Td (fs\) ) Tj ET Q q 0 0 0 rg BT 496.49 334.25 Td (and ) Tj ET Q q 0 0 0 rg BT 512.87 334.25 Td (lead ) Tj ET Q q 0 0 0 rg BT 531.46 334.25 Td (counsel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (in ) Tj ET Q q 0 0 0 rg BT 60.17 322.25 Td (the ) Tj ET Q q 0 0 0 rg BT 74.78 322.25 Td (litigation, ) Tj ET Q q 0 0 0 rg BT 115.79 322.25 Td (captioned) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 157.16 322.25 Td (In ) Tj ET Q q 0 0 0 rg BT 167.88 322.25 Td (r) Tj ET Q q 0 0 0 rg BT 171.40 322.25 Td (e ) Tj ET Q q 0 0 0 rg BT 178.23 322.25 Td (Ebix, ) Tj ET Q q 0 0 0 rg BT 201.45 322.25 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 219.12 322.25 Td (Stockholder ) Tj ET Q q 0 0 0 rg BT 269.27 322.25 Td (Litigation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.73 322.25 Td (, ) Tj ET Q q 0 0 0 rg BT 313.62 322.25 Td (Consol. ) Tj ET Q q 0 0 0 rg BT 346.86 322.25 Td (C.A. ) Tj ET Q q 0 0 0 rg BT 368.14 322.25 Td (No. ) Tj ET Q q 0 0 0 rg BT 385.26 322.25 Td (8526-VCS ) Tj ET Q q 0 0 0 rg BT 430.43 322.25 Td (\(the ) Tj ET Q q 0 0 0 rg BT 448.38 322.25 Td (Litigation\). ) Tj ET Q q 0 0 0 rg BT 504.91 322.25 Td (In ) Tj ET Q q 0 0 0 rg BT 518.14 322.25 Td (connection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (with ) Tj ET Q q 0 0 0 rg BT 71.10 310.25 Td (the ) Tj ET Q q 0 0 0 rg BT 86.64 310.25 Td (Litigation, ) Tj ET Q q 0 0 0 rg BT 131.90 310.25 Td (on ) Tj ET Q q 0 0 0 rg BT 145.22 310.25 Td (January ) Tj ET Q q 0 0 0 rg BT 179.65 310.25 Td (23, ) Tj ET Q q 0 0 0 rg BT 195.47 310.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 221.29 310.25 Td (the ) Tj ET Q q 0 0 0 rg BT 236.83 310.25 Td (parties ) Tj ET Q q 0 0 0 rg BT 266.81 310.25 Td (entered ) Tj ET Q q 0 0 0 rg BT 299.56 310.25 Td (into ) Tj ET Q q 0 0 0 rg BT 318.44 310.25 Td (a ) Tj ET Q q 0 0 0 rg BT 326.20 310.25 Td (Stipulation ) Tj ET Q q 0 0 0 rg BT 373.41 310.25 Td (and ) Tj ET Q q 0 0 0 rg BT 390.44 310.25 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 438.19 310.25 Td (of ) Tj ET Q q 0 0 0 rg BT 449.84 310.25 Td (Settlement ) Tj ET Q q 0 0 0 rg BT 495.93 310.25 Td (\(the ) Tj ET Q q 0 0 0 rg BT 514.80 310.25 Td (Settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (Agreement\) ) Tj ET Q q 0 0 0 rg BT 104.83 298.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 141.90 298.25 Td (to ) Tj ET Q q 0 0 0 rg BT 152.31 298.25 Td (which ) Tj ET Q q 0 0 0 rg BT 179.38 298.25 Td (the ) Tj ET Q q 0 0 0 rg BT 194.24 298.25 Td (parties ) Tj ET Q q 0 0 0 rg BT 223.53 298.25 Td (agreed, ) Tj ET Q q 0 0 0 rg BT 255.31 298.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 286.26 298.25 Td (to ) Tj ET Q q 0 0 0 rg BT 296.68 298.25 Td (approval ) Tj ET Q q 0 0 0 rg BT 334.30 298.25 Td (by ) Tj ET Q q 0 0 0 rg BT 346.93 298.25 Td (the ) Tj ET Q q 0 0 0 rg BT 361.78 298.25 Td (Delaware ) Tj ET Q q 0 0 0 rg BT 402.72 298.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 428.13 298.25 Td (of ) Tj ET Q q 0 0 0 rg BT 439.10 298.25 Td (Chancery) Tj ET Q q 0 0 0 rg BT 476.77 298.25 Td (, ) Tj ET Q q 0 0 0 rg BT 481.90 298.25 Td (to ) Tj ET Q q 0 0 0 rg BT 492.31 298.25 Td (settle ) Tj ET Q q 0 0 0 rg BT 516.05 298.25 Td (and ) Tj ET Q q 0 0 0 rg BT 533.12 298.25 Td (resolve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 286.25 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 106.66 286.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 143.59 286.25 Td (to ) Tj ET Q q 0 0 0 rg BT 153.87 286.25 Td (the ) Tj ET Q q 0 0 0 rg BT 168.59 286.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 193.31 286.25 Td (set ) Tj ET Q q 0 0 0 rg BT 206.91 286.25 Td (forth ) Tj ET Q q 0 0 0 rg BT 228.85 286.25 Td (in ) Tj ET Q q 0 0 0 rg BT 239.13 286.25 Td (the ) Tj ET Q q 0 0 0 rg BT 253.85 286.25 Td (Settlement ) Tj ET Q q 0 0 0 rg BT 298.56 286.25 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 345.49 286.25 Td (\(the ) Tj ET Q q 0 0 0 rg BT 363.54 286.25 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 409.91 286.25 Td (Settlement\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 264.25 Td (On ) Tj ET Q q 0 0 0 rg BT 99.43 264.25 Td (April ) Tj ET Q q 0 0 0 rg BT 122.09 264.25 Td (5, ) Tj ET Q q 0 0 0 rg BT 131.14 264.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 155.19 264.25 Td (the ) Tj ET Q q 0 0 0 rg BT 168.96 264.25 Td (Delaware ) Tj ET Q q 0 0 0 rg BT 208.81 264.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 233.14 264.25 Td (of ) Tj ET Q q 0 0 0 rg BT 243.02 264.25 Td (Chancery ) Tj ET Q q 0 0 0 rg BT 282.89 264.25 Td (determined ) Tj ET Q q 0 0 0 rg BT 329.42 264.25 Td (that ) Tj ET Q q 0 0 0 rg BT 345.96 264.25 Td (the ) Tj ET Q q 0 0 0 rg BT 359.73 264.25 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 400.72 264.25 Td (Settlement ) Tj ET Q q 0 0 0 rg BT 445.04 264.25 Td (was ) Tj ET Q q 0 0 0 rg BT 462.14 264.25 Td (fair) Tj ET Q q 0 0 0 rg BT 475.62 264.25 Td (, ) Tj ET Q q 0 0 0 rg BT 479.67 264.25 Td (reasonable, ) Tj ET Q q 0 0 0 rg BT 526.47 264.25 Td (adequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.57 252.25 Td (in ) Tj ET Q q 0 0 0 rg BT 76.49 252.25 Td (the ) Tj ET Q q 0 0 0 rg BT 90.84 252.25 Td (best ) Tj ET Q q 0 0 0 rg BT 109.08 252.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 140.65 252.25 Td (of ) Tj ET Q q 0 0 0 rg BT 151.12 252.25 Td (the ) Tj ET Q q 0 0 0 rg BT 165.47 252.25 Td (plaintif) Tj ET Q q 0 0 0 rg BT 194.17 252.25 Td (fs, ) Tj ET Q q 0 0 0 rg BT 206.03 252.25 Td (the ) Tj ET Q q 0 0 0 rg BT 220.38 252.25 Td (class ) Tj ET Q q 0 0 0 rg BT 241.95 252.25 Td (and ) Tj ET Q q 0 0 0 rg BT 258.53 252.25 Td (the ) Tj ET Q q 0 0 0 rg BT 272.88 252.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 313.90 252.25 Td (and ) Tj ET Q q 0 0 0 rg BT 330.47 252.25 Td (awarded ) Tj ET Q q 0 0 0 rg BT 366.48 252.25 Td (to ) Tj ET Q q 0 0 0 rg BT 376.39 252.25 Td (plaintif) Tj ET Q q 0 0 0 rg BT 405.09 252.25 Td (fs) Tj ET Q q 0 0 0 rg BT 414.90 252.25 Td ( ) Tj ET Q q 0 0 0 rg BT 417.04 252.25 Td (counsel ) Tj ET Q q 0 0 0 rg BT 449.72 252.25 Td (attorneys) Tj ET Q q 0 0 0 rg BT 488.96 252.25 Td ( ) Tj ET Q q 0 0 0 rg BT 491.10 252.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 509.33 252.25 Td (and ) Tj ET Q q 0 0 0 rg BT 525.90 252.25 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 240.25 Td (in ) Tj ET Q q 0 0 0 rg BT 60.55 240.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.54 240.25 Td (sum ) Tj ET Q q 0 0 0 rg BT 94.99 240.25 Td (of$19.65 ) Tj ET Q q 0 0 0 rg BT 136.09 240.25 Td (million, ) Tj ET Q q 0 0 0 rg BT 170.25 240.25 Td (payable ) Tj ET Q q 0 0 0 rg BT 204.12 240.25 Td (by ) Tj ET Q q 0 0 0 rg BT 216.89 240.25 Td (the ) Tj ET Q q 0 0 0 rg BT 231.88 240.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 273.54 240.25 Td (within ) Tj ET Q q 0 0 0 rg BT 301.88 240.25 Td (20 ) Tj ET Q q 0 0 0 rg BT 314.65 240.25 Td (days, ) Tj ET Q q 0 0 0 rg BT 338.25 240.25 Td (and ) Tj ET Q q 0 0 0 rg BT 355.46 240.25 Td (entered ) Tj ET Q q 0 0 0 rg BT 387.66 240.25 Td (an ) Tj ET Q q 0 0 0 rg BT 399.87 240.25 Td (Order ) Tj ET Q q 0 0 0 rg BT 425.97 240.25 Td (and ) Tj ET Q q 0 0 0 rg BT 443.18 240.25 Td (Final ) Tj ET Q q 0 0 0 rg BT 466.51 240.25 Td (Judgment ) Tj ET Q q 0 0 0 rg BT 508.17 240.25 Td (\(the ) Tj ET Q q 0 0 0 rg BT 526.49 240.25 Td (Order\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 228.25 Td (approving ) Tj ET Q q 0 0 0 rg BT 93.56 228.25 Td (the ) Tj ET Q q 0 0 0 rg BT 108.79 228.25 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 151.24 228.25 Td (Settlement. ) Tj ET Q q 0 0 0 rg BT 199.30 228.25 Td (The ) Tj ET Q q 0 0 0 rg BT 217.86 228.25 Td (Order ) Tj ET Q q 0 0 0 rg BT 244.20 228.25 Td (provides ) Tj ET Q q 0 0 0 rg BT 281.65 228.25 Td (for ) Tj ET Q q 0 0 0 rg BT 296.32 228.25 Td (full ) Tj ET Q q 0 0 0 rg BT 313.22 228.25 Td (settlement, ) Tj ET Q q 0 0 0 rg BT 359.83 228.25 Td (satisfaction, ) Tj ET Q q 0 0 0 rg BT 410.89 228.25 Td (compromise ) Tj ET Q q 0 0 0 rg BT 463.33 228.25 Td (and ) Tj ET Q q 0 0 0 rg BT 480.78 228.25 Td (release ) Tj ET Q q 0 0 0 rg BT 511.55 228.25 Td (of ) 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 96.25 Td (Item1A: ) Tj ET Q q 0 0 0 rg BT 90.54 96.25 Td (RISK ) Tj ET Q q 0 0 0 rg BT 117.50 96.25 Td (F) Tj ET Q q 0 0 0 rg BT 122.86 96.25 Td (ACT) Tj ET Q q 0 0 0 rg BT 143.79 96.25 Td (ORS) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 83.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 71.05 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 71.05 Td (In ) Tj ET Q q 0 0 0 rg BT 97.00 71.05 Td (addition ) Tj ET Q q 0 0 0 rg BT 132.45 71.05 Td (to ) Tj ET Q q 0 0 0 rg BT 142.91 71.05 Td (the ) Tj ET Q q 0 0 0 rg BT 157.80 71.05 Td (other ) Tj ET Q q 0 0 0 rg BT 181.02 71.05 Td (information ) Tj ET Q q 0 0 0 rg BT 230.91 71.05 Td (set ) Tj ET Q q 0 0 0 rg BT 244.69 71.05 Td (forth ) Tj ET Q q 0 0 0 rg BT 266.80 71.05 Td (in ) Tj ET Q q 0 0 0 rg BT 277.26 71.05 Td (this ) Tj ET Q q 0 0 0 rg BT 294.38 71.05 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 335.37 71.05 Td (Report ) Tj ET Q q 0 0 0 rg BT 365.26 71.05 Td (on ) Tj ET Q q 0 0 0 rg BT 377.94 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0 rg BT 436.85 47.05 Td (af) Tj ET Q q 0 0 0 rg BT 444.43 47.05 Td (fect ) Tj ET Q q 0 0 0 rg BT 462.55 47.05 Td (the ) Tj ET Q q 0 0 0 rg BT 477.90 47.05 Td (Company's ) Tj ET Q q 0 0 0 rg BT 525.62 47.05 Td (business, ) Tj ET Q endstream endobj 97 0 obj <>] /Rotate 0 /Contents 98 0 R>> endobj 98 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 87.75 742.10 Td (condition ) Tj ET Q q 0 0 0 rg BT 128.29 742.10 Td (or ) Tj ET Q q 0 0 0 rg BT 139.39 742.10 Td (future ) Tj ET Q q 0 0 0 rg BT 166.04 742.10 Td (results. ) Tj ET Q q 0 0 0 rg BT 197.21 742.10 Td (The ) Tj ET Q q 0 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234.60 730.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 258.75 730.10 Td (10-K. ) Tj ET Q q 0 0 0 rg BT 284.29 730.10 Td (Except ) Tj ET Q q 0 0 0 rg BT 314.55 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 325.36 730.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 366.17 730.10 Td (below) Tj ET Q q 0 0 0 rg BT 389.96 730.10 Td (, ) Tj ET Q q 0 0 0 rg BT 394.94 730.10 Td (there ) Tj ET Q q 0 0 0 rg BT 417.42 730.10 Td (have ) Tj ET Q q 0 0 0 rg BT 438.78 730.10 Td (been ) Tj ET Q q 0 0 0 rg BT 460.15 730.10 Td (no ) Tj ET Q q 0 0 0 rg BT 472.63 730.10 Td (material ) Tj ET Q q 0 0 0 rg BT 507.88 730.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 542.58 730.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 718.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 82.22 718.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 111.92 718.10 Td (described ) Tj ET Q q 0 0 0 rg BT 152.74 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 163.02 718.10 Td (our ) Tj ET Q q 0 0 0 rg BT 178.85 718.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 201.35 718.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 225.52 718.10 Td (10-K.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 99.17 694.10 Td (has ) Tj ET Q q 0 0 0 rg BT 116.12 694.10 Td (disrupted, ) Tj ET Q q 0 0 0 rg BT 162.24 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 180.86 694.10 Td (may ) Tj ET Q q 0 0 0 rg BT 201.69 694.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 240.86 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 251.69 694.10 Td (disrupt, ) Tj ET Q q 0 0 0 rg BT 287.82 694.10 Td (our) Tj ET Q q 0 0 0 rg BT 302.64 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 305.14 694.10 Td (business ) Tj ET Q q 0 0 0 rg BT 343.21 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 361.84 694.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 401.56 694.10 Td (performance.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 670.10 Td (The ) Tj ET Q q 0 0 0 rg BT 105.21 670.10 Td (outbreak ) Tj ET Q q 0 0 0 rg BT 143.85 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 155.85 670.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 204.50 670.10 Td (in ) Tj ET Q q 0 0 0 rg BT 215.94 670.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 252.93 670.10 Td (countries ) Tj ET Q q 0 0 0 rg BT 293.25 670.10 Td (across ) Tj ET Q q 0 0 0 rg BT 321.90 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 337.78 670.10 Td (globe, ) Tj ET Q q 0 0 0 rg BT 366.16 670.10 Td (including ) Tj ET Q q 0 0 0 rg BT 407.59 670.10 Td (North ) Tj ET Q q 0 0 0 rg BT 433.77 670.10 Td (America, ) Tj ET Q q 0 0 0 rg BT 474.36 670.10 Td (Europe ) Tj ET Q q 0 0 0 rg BT 506.90 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 524.19 670.10 Td (Asia, ) Tj ET Q q 0 0 0 rg BT 548.68 670.10 Td (has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (adversely ) Tj ET Q q 0 0 0 rg BT 90.56 658.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 129.46 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 143.92 658.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 163.95 658.10 Td (and ) Tj ET Q q 0 0 0 rg BT 180.63 658.10 Td (global ) Tj ET Q q 0 0 0 rg BT 207.88 658.10 Td (economy) Tj ET Q q 0 0 0 rg BT 243.88 658.10 Td (. ) Tj ET Q q 0 0 0 rg BT 248.47 658.10 Td (W) Tj ET Q q 0 0 0 rg BT 257.10 658.10 Td (e ) Tj ET Q q 0 0 0 rg BT 263.79 658.10 Td (have ) Tj ET Q q 0 0 0 rg BT 284.91 658.10 Td (experienced ) Tj ET Q q 0 0 0 rg BT 335.46 658.10 Td (disruptions ) Tj ET Q q 0 0 0 rg BT 382.15 658.10 Td (to ) Tj ET Q q 0 0 0 rg BT 392.18 658.10 Td (our ) Tj ET Q q 0 0 0 rg BT 407.75 658.10 Td (business ) Tj ET Q q 0 0 0 rg BT 443.89 658.10 Td (thus ) Tj ET Q q 0 0 0 rg BT 462.81 658.10 Td (far ) Tj ET Q q 0 0 0 rg BT 476.15 658.10 Td (from ) Tj ET Q q 0 0 0 rg BT 497.84 658.10 Td (COVID-19, ) Tj ET Q q 0 0 0 rg BT 547.58 658.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.93 646.10 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 104.52 646.10 Td (continues ) Tj ET Q q 0 0 0 rg BT 144.56 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 154.06 646.10 Td (spread ) Tj ET Q q 0 0 0 rg BT 181.87 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 191.37 646.10 Td (most ) Tj ET Q q 0 0 0 rg BT 212.53 646.10 Td (of ) Tj ET Q q 0 0 0 rg BT 222.58 646.10 Td (our ) Tj ET Q q 0 0 0 rg BT 237.62 646.10 Td (markets. ) Tj ET Q q 0 0 0 rg BT 273.50 646.10 Td (Governmental ) Tj ET Q q 0 0 0 rg BT 332.41 646.10 Td (authorities ) Tj ET Q q 0 0 0 rg BT 376.34 646.10 Td (are ) Tj ET Q q 0 0 0 rg BT 390.27 646.10 Td (taking ) Tj ET Q q 0 0 0 rg BT 416.98 646.10 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 467.57 646.10 Td (severe ) Tj ET Q q 0 0 0 rg BT 494.82 646.10 Td (countermeasures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.85 634.10 Td (slow ) Tj ET Q q 0 0 0 rg BT 80.82 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 95.10 634.10 Td (outbreak, ) Tj ET Q q 0 0 0 rg BT 134.66 634.10 Td (including ) Tj ET Q q 0 0 0 rg BT 174.51 634.10 Td (a ) Tj ET Q q 0 0 0 rg BT 181.02 634.10 Td (number ) Tj ET Q q 0 0 0 rg BT 213.64 634.10 Td (of ) Tj ET Q q 0 0 0 rg BT 224.04 634.10 Td (shelter) Tj ET Q q 0 0 0 rg BT 250.50 634.10 Td (-in-place ) Tj ET Q q 0 0 0 rg BT 288.10 634.10 Td (orders ) Tj ET Q q 0 0 0 rg BT 315.17 634.10 Td (and ) Tj ET Q q 0 0 0 rg BT 331.68 634.10 Td (lar) Tj ET Q q 0 0 0 rg BT 342.04 634.10 Td (ge-scale ) Tj ET Q q 0 0 0 rg BT 376.87 634.10 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 423.38 634.10 Td (on ) Tj ET Q q 0 0 0 rg BT 435.45 634.10 Td (travel. ) Tj ET Q q 0 0 0 rg BT 462.64 634.10 Td (The ) Tj ET Q q 0 0 0 rg BT 480.26 634.10 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 521.20 634.10 Td (is ) Tj ET Q q 0 0 0 rg BT 529.94 634.10 Td (a ) Tj ET Q q 0 0 0 rg BT 536.45 634.10 Td (highly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (fluid ) Tj ET Q q 0 0 0 rg BT 71.44 622.10 Td (and ) Tj ET Q q 0 0 0 rg BT 88.44 622.10 Td (rapidly ) Tj ET Q q 0 0 0 rg BT 119.32 622.10 Td (evolving ) Tj ET Q q 0 0 0 rg BT 156.87 622.10 Td (situation ) Tj ET Q q 0 0 0 rg BT 193.86 622.10 Td (and ) Tj ET Q q 0 0 0 rg BT 210.86 622.10 Td (we ) Tj ET Q q 0 0 0 rg BT 225.07 622.10 Td (cannot ) Tj ET Q q 0 0 0 rg BT 254.28 622.10 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 295.71 622.10 Td (with ) Tj ET Q q 0 0 0 rg BT 316.04 622.10 Td (any ) Tj ET Q q 0 0 0 rg BT 333.03 622.10 Td (certainty ) Tj ET Q q 0 0 0 rg BT 370.57 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 385.34 622.10 Td (length, ) Tj ET Q q 0 0 0 rg BT 415.39 622.10 Td (scope ) Tj ET Q q 0 0 0 rg BT 440.72 622.10 Td (or ) Tj ET Q q 0 0 0 rg BT 451.60 622.10 Td (severity ) Tj ET Q q 0 0 0 rg BT 485.81 622.10 Td (of ) Tj ET Q q 0 0 0 rg BT 496.70 622.10 Td (such ) Tj ET Q q 0 0 0 rg BT 517.58 622.10 Td (restrictions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (in ) Tj ET Q q 0 0 0 rg BT 60.28 610.10 Td (each ) Tj ET Q q 0 0 0 rg BT 81.09 610.10 Td (of ) Tj ET Q q 0 0 0 rg BT 91.92 610.10 Td (the ) Tj ET Q q 0 0 0 rg BT 106.64 610.10 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 158.58 610.10 Td (that ) Tj ET Q q 0 0 0 rg BT 176.08 610.10 Td (we ) Tj ET Q q 0 0 0 rg BT 190.24 610.10 Td (operate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 586.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.64 586.10 Td (full ) Tj ET Q q 0 0 0 rg BT 119.62 586.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 148.92 586.10 Td (that ) Tj ET Q q 0 0 0 rg BT 166.01 586.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 213.09 586.10 Td (will ) Tj ET Q q 0 0 0 rg BT 230.74 586.10 Td (have ) Tj ET Q q 0 0 0 rg BT 251.71 586.10 Td (on ) Tj ET Q q 0 0 0 rg BT 263.80 586.10 Td (our ) Tj ET Q q 0 0 0 rg BT 279.22 586.10 Td (business ) Tj ET Q q 0 0 0 rg BT 315.20 586.10 Td (cannot ) Tj ET Q q 0 0 0 rg BT 343.95 586.10 Td (be ) Tj ET Q q 0 0 0 rg BT 355.48 586.10 Td (predicted ) Tj ET Q q 0 0 0 rg BT 394.77 586.10 Td (at ) Tj ET Q q 0 0 0 rg BT 404.08 586.10 Td (this ) Tj ET Q q 0 0 0 rg BT 420.62 586.10 Td (time ) Tj ET Q q 0 0 0 rg BT 440.49 586.10 Td (due ) Tj ET Q q 0 0 0 rg BT 457.02 586.10 Td (to ) Tj ET Q q 0 0 0 rg BT 466.89 586.10 Td (numerous ) Tj ET Q q 0 0 0 rg BT 508.42 586.10 Td (uncertainties, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (including ) Tj ET Q q 0 0 0 rg BT 90.08 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 104.61 574.10 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 139.69 574.10 Td (geographic ) Tj ET Q q 0 0 0 rg BT 186.43 574.10 Td (spread ) Tj ET Q q 0 0 0 rg BT 214.84 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 225.48 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 240.01 574.10 Td (disease, ) Tj ET Q q 0 0 0 rg BT 273.69 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 288.22 574.10 Td (duration ) Tj ET Q q 0 0 0 rg BT 323.86 574.10 Td (and ) Tj ET Q q 0 0 0 rg BT 340.61 574.10 Td (severity ) Tj ET Q q 0 0 0 rg BT 374.57 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 385.21 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 399.74 574.10 Td (outbreak, ) Tj ET Q q 0 0 0 rg BT 439.54 574.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 464.61 574.10 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 511.36 574.10 Td (and ) Tj ET Q q 0 0 0 rg BT 528.11 574.10 Td (business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (closures, ) Tj ET Q q 0 0 0 rg BT 87.91 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 102.78 562.10 Td (ef) Tj ET Q q 0 0 0 rg BT 110.36 562.10 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 157.43 562.10 Td (of ) Tj ET Q q 0 0 0 rg BT 168.41 562.10 Td (actions ) Tj ET Q q 0 0 0 rg BT 199.38 562.10 Td (taken ) Tj ET Q q 0 0 0 rg BT 223.68 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 234.10 562.10 Td (contain ) Tj ET Q q 0 0 0 rg BT 266.18 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 281.05 562.10 Td (disease, ) Tj ET Q q 0 0 0 rg BT 315.07 562.10 Td (the ) Tj ET Q q 0 0 0 rg BT 329.93 562.10 Td (length ) Tj ET Q q 0 0 0 rg BT 357.57 562.10 Td (of ) Tj ET Q q 0 0 0 rg BT 368.55 562.10 Td (time ) Tj ET Q q 0 0 0 rg BT 388.97 562.10 Td (it ) Tj ET Q q 0 0 0 rg BT 397.17 562.10 Td (takes ) Tj ET Q q 0 0 0 rg BT 420.36 562.10 Td (for ) Tj ET Q q 0 0 0 rg BT 434.67 562.10 Td (normal ) Tj ET Q q 0 0 0 rg BT 465.64 562.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 507.15 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 524.24 562.10 Td (operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 94.17 550.10 Td (to ) Tj ET Q q 0 0 0 rg BT 104.44 550.10 Td (resume, ) Tj ET Q q 0 0 0 rg BT 138.32 550.10 Td (and ) Tj ET Q q 0 0 0 rg BT 155.26 550.10 Td (other ) Tj ET Q q 0 0 0 rg BT 178.31 550.10 Td (unintended ) Tj ET Q q 0 0 0 rg BT 225.24 550.10 Td (consequences. ) Tj ET Q q 0 0 0 rg BT 285.03 550.10 Td (This ) Tj ET Q q 0 0 0 rg BT 305.31 550.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 335.02 550.10 Td (could ) Tj ET Q q 0 0 0 rg BT 359.74 550.10 Td (include, ) Tj ET Q q 0 0 0 rg BT 394.17 550.10 Td (but ) Tj ET Q q 0 0 0 rg BT 409.45 550.10 Td (is ) Tj ET Q q 0 0 0 rg BT 418.62 550.10 Td (not ) Tj ET Q q 0 0 0 rg BT 433.90 550.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 464.73 550.10 Td (to, ) Tj ET Q q 0 0 0 rg BT 477.51 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 492.23 550.10 Td (following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 526.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 526.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 120.85 526.10 Td (in ) Tj ET Q q 0 0 0 rg BT 130.71 526.10 Td (our ) Tj ET Q q 0 0 0 rg BT 146.69 526.10 Td (r) Tj ET Q q 0 0 0 rg BT 150.21 526.10 Td (evenues ) Tj ET Q q 0 0 0 rg BT 183.93 526.10 Td (and ) Tj ET Q q 0 0 0 rg BT 201.02 526.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 239.76 526.10 Td (demand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.42 526.10 Td (:Our ) Tj ET Q q 0 0 0 rg BT 294.33 526.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 331.95 526.10 Td (and ) Tj ET Q q 0 0 0 rg BT 348.47 526.10 Td (profitability ) Tj ET Q q 0 0 0 rg BT 398.32 526.10 Td (have ) Tj ET Q q 0 0 0 rg BT 419.28 526.10 Td (been ) Tj ET Q q 0 0 0 rg BT 440.24 526.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 482.86 526.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 521.60 526.10 Td (during ) Tj ET Q q 0 0 0 rg BT 549.79 526.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 514.10 Td (first ) Tj ET Q q 0 0 0 rg BT 104.95 514.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 129.45 514.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 160.61 514.10 Td (of ) Tj ET Q q 0 0 0 rg BT 171.78 514.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 194.63 514.10 Td (and ) Tj ET Q q 0 0 0 rg BT 211.91 514.10 Td (in ) Tj ET Q q 0 0 0 rg BT 222.53 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 237.59 514.10 Td (second ) Tj ET Q q 0 0 0 rg BT 268.20 514.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 292.70 514.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 323.86 514.10 Td (of ) Tj ET Q q 0 0 0 rg BT 335.03 514.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 357.87 514.10 Td (to ) Tj ET Q q 0 0 0 rg BT 368.50 514.10 Td (date ) Tj ET Q q 0 0 0 rg BT 387.99 514.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 430.26 514.10 Td (to ) Tj ET Q q 0 0 0 rg BT 440.88 514.10 Td (the ) Tj ET Q q 0 0 0 rg BT 455.94 514.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 478.23 514.10 Td (year ) Tj ET Q q 0 0 0 rg BT 498.28 514.10 Td (periods, ) Tj ET Q q 0 0 0 rg BT 533.06 514.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.34 514.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 502.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 114.38 502.10 Td (they ) Tj ET Q q 0 0 0 rg BT 133.89 502.10 Td (will ) Tj ET Q q 0 0 0 rg BT 151.74 502.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 188.46 502.10 Td (to ) Tj ET Q q 0 0 0 rg BT 198.53 502.10 Td (be ) Tj ET Q q 0 0 0 rg BT 210.26 502.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 253.08 502.10 Td (adversely ) Tj ET Q q 0 0 0 rg BT 293.69 502.10 Td (af) Tj ET Q q 0 0 0 rg BT 301.28 502.10 Td (fected, ) Tj ET Q q 0 0 0 rg BT 330.49 502.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 378.87 502.10 Td (as ) Tj ET Q q 0 0 0 rg BT 389.49 502.10 Td (a ) Tj ET Q q 0 0 0 rg BT 396.22 502.10 Td (lar) Tj ET Q q 0 0 0 rg BT 406.59 502.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 418.31 502.10 Td (percentage ) Tj ET Q q 0 0 0 rg BT 463.91 502.10 Td (of ) Tj ET Q q 0 0 0 rg BT 474.53 502.10 Td (EbixCash's ) Tj ET Q q 0 0 0 rg BT 521.40 502.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 555.33 502.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 490.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 118.49 490.10 Td (from ) Tj ET Q q 0 0 0 rg BT 140.42 490.10 Td (travel-related ) Tj ET Q q 0 0 0 rg BT 196.22 490.10 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 478.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 478.10 Td (our ) Tj ET Q q 0 0 0 rg BT 102.38 478.10 Td (workfor) Tj ET Q q 0 0 0 rg BT 133.68 478.10 Td (ce:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.88 478.10 Td () Tj ET Q q 0 0 0 rg BT 148.20 478.10 Td (The ) Tj ET Q q 0 0 0 rg BT 166.23 478.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 213.71 478.10 Td (outbreak ) Tj ET Q q 0 0 0 rg BT 251.19 478.10 Td (has ) Tj ET Q q 0 0 0 rg BT 267.00 478.10 Td (also ) Tj ET Q q 0 0 0 rg BT 285.59 478.10 Td (caused ) Tj ET Q q 0 0 0 rg BT 315.29 478.10 Td (us ) Tj ET Q q 0 0 0 rg BT 326.66 478.10 Td (to ) Tj ET Q q 0 0 0 rg BT 336.93 478.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 366.06 478.10 Td (and ) Tj ET Q q 0 0 0 rg BT 382.98 478.10 Td (furlough ) Tj ET Q q 0 0 0 rg BT 419.91 478.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 465.16 478.10 Td (in ) Tj ET Q q 0 0 0 rg BT 475.42 478.10 Td (order ) Tj ET Q q 0 0 0 rg BT 499.00 478.10 Td (to ) Tj ET Q q 0 0 0 rg BT 509.27 478.10 Td (right ) Tj ET Q q 0 0 0 rg BT 530.64 478.10 Td (size ) Tj ET Q q 0 0 0 rg BT 548.67 478.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 466.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 127.63 466.10 Td (business. ) Tj ET Q q 0 0 0 rg BT 166.57 466.10 Td (These ) Tj ET Q q 0 0 0 rg BT 193.19 466.10 Td (actions ) Tj ET Q q 0 0 0 rg BT 224.26 466.10 Td (could ) Tj ET Q q 0 0 0 rg BT 249.22 466.10 Td (create ) Tj ET Q q 0 0 0 rg BT 275.83 466.10 Td (risks, ) Tj ET Q q 0 0 0 rg BT 299.96 466.10 Td (including ) Tj ET Q q 0 0 0 rg BT 340.48 466.10 Td (but ) Tj ET Q q 0 0 0 rg BT 356.00 466.10 Td (not ) Tj ET Q q 0 0 0 rg BT 371.52 466.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 402.60 466.10 Td (to, ) Tj ET Q q 0 0 0 rg BT 415.62 466.10 Td (our ) Tj ET Q q 0 0 0 rg BT 431.70 466.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 459.99 466.10 Td (to ) Tj ET Q q 0 0 0 rg BT 470.51 466.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 504.35 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 519.31 466.10 Td (size ) Tj ET Q q 0 0 0 rg BT 537.60 466.10 Td (of ) Tj ET Q q 0 0 0 rg BT 548.68 466.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 454.10 Td (workforce ) Tj ET Q q 0 0 0 rg BT 129.59 454.10 Td (given ) Tj ET Q q 0 0 0 rg BT 154.31 454.10 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 194.01 454.10 Td (future ) Tj ET Q q 0 0 0 rg BT 220.38 454.10 Td (demand.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 430.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 103.93 430.10 Td (business, ) Tj ET Q q 0 0 0 rg BT 142.70 430.10 Td (particularly ) Tj ET Q q 0 0 0 rg BT 191.17 430.10 Td (EbixCash, ) Tj ET Q q 0 0 0 rg BT 234.93 430.10 Td (is ) Tj ET Q q 0 0 0 rg BT 243.98 430.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 283.56 430.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 314.26 430.10 Td (to ) Tj ET Q q 0 0 0 rg BT 324.42 430.10 Td (and ) Tj ET Q q 0 0 0 rg BT 341.23 430.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 380.26 430.10 Td (by) Tj ET Q q 0 0 0 rg BT 389.61 430.10 Td (, ) Tj ET Q q 0 0 0 rg BT 394.49 430.10 Td (international, ) Tj ET Q q 0 0 0 rg BT 449.91 430.10 Td (national ) Tj ET Q q 0 0 0 rg BT 484.50 430.10 Td (and ) Tj ET Q q 0 0 0 rg BT 501.31 430.10 Td (local ) Tj ET Q q 0 0 0 rg BT 523.12 430.10 Td (economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 94.48 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 111.73 418.10 Td (travel ) Tj ET Q q 0 0 0 rg BT 137.31 418.10 Td (demands. ) Tj ET Q q 0 0 0 rg BT 177.97 418.10 Td (W) Tj ET Q q 0 0 0 rg BT 186.61 418.10 Td (e ) Tj ET Q q 0 0 0 rg BT 193.86 418.10 Td (do ) Tj ET Q q 0 0 0 rg BT 206.68 418.10 Td (not ) Tj ET Q q 0 0 0 rg BT 222.27 418.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 251.18 418.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 292.87 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 310.12 418.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 350.70 418.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 395.18 418.10 Td (for ) Tj ET Q q 0 0 0 rg BT 409.65 418.10 Td (EbixCash ) Tj ET Q q 0 0 0 rg BT 451.35 418.10 Td (to ) Tj ET Q q 0 0 0 rg BT 461.95 418.10 Td (improve ) Tj ET Q q 0 0 0 rg BT 498.09 418.10 Td (until ) Tj ET Q q 0 0 0 rg BT 519.24 418.10 Td (consumers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (are ) Tj ET Q q 0 0 0 rg BT 64.71 406.10 Td (once ) Tj ET Q q 0 0 0 rg BT 86.08 406.10 Td (again ) Tj ET Q q 0 0 0 rg BT 110.24 406.10 Td (able ) Tj ET Q q 0 0 0 rg BT 129.39 406.10 Td (and ) Tj ET Q q 0 0 0 rg BT 146.33 406.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 167.72 406.10 Td (willing ) Tj ET Q q 0 0 0 rg BT 198.55 406.10 Td (to ) Tj ET Q q 0 0 0 rg BT 208.83 406.10 Td (travel.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 382.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 382.10 Td (e ) Tj ET Q q 0 0 0 rg BT 101.97 382.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 133.74 382.10 Td (that ) Tj ET Q q 0 0 0 rg BT 151.64 382.10 Td (business ) Tj ET Q q 0 0 0 rg BT 188.43 382.10 Td (disruption ) Tj ET Q q 0 0 0 rg BT 231.88 382.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 265.32 382.10 Td (to ) Tj ET Q q 0 0 0 rg BT 276.00 382.10 Td (the ) Tj ET Q q 0 0 0 rg BT 291.11 382.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 339.01 382.10 Td (pandemic ) Tj ET Q q 0 0 0 rg BT 380.78 382.10 Td (will ) Tj ET Q q 0 0 0 rg BT 399.23 382.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 436.56 382.10 Td (to ) Tj ET Q q 0 0 0 rg BT 447.24 382.10 Td (negatively ) Tj ET Q q 0 0 0 rg BT 491.79 382.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 521.90 382.10 Td (the ) Tj ET Q q 0 0 0 rg BT 537.01 382.10 Td (global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (economy ) Tj ET Q q 0 0 0 rg BT 89.67 370.10 Td (and ) Tj ET Q q 0 0 0 rg BT 107.12 370.10 Td (may ) Tj ET Q q 0 0 0 rg BT 127.36 370.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 170.91 370.10 Td (af) Tj ET Q q 0 0 0 rg BT 178.50 370.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 196.50 370.10 Td (our ) Tj ET Q q 0 0 0 rg BT 212.84 370.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 258.08 370.10 Td (as ) Tj ET Q q 0 0 0 rg BT 269.42 370.10 Td (outlined ) Tj ET Q q 0 0 0 rg BT 305.21 370.10 Td (above, ) Tj ET Q q 0 0 0 rg BT 334.60 370.10 Td (each ) Tj ET Q q 0 0 0 rg BT 355.94 370.10 Td (of ) Tj ET Q q 0 0 0 rg BT 367.28 370.10 Td (which ) Tj ET Q q 0 0 0 rg BT 394.73 370.10 Td (would ) Tj ET Q q 0 0 0 rg BT 422.75 370.10 Td (adversely ) Tj ET Q q 0 0 0 rg BT 464.08 370.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 494.31 370.10 Td (our ) Tj ET Q q 0 0 0 rg BT 510.65 370.10 Td (business ) Tj ET Q q 0 0 0 rg BT 547.56 370.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (results ) Tj ET Q q 0 0 0 rg BT 77.36 358.10 Td (of ) Tj ET Q q 0 0 0 rg BT 86.95 358.10 Td (operations. ) Tj ET Q q 0 0 0 rg BT 132.27 358.10 Td (T) Tj ET Q q 0 0 0 rg BT 137.68 358.10 Td (o ) Tj ET Q q 0 0 0 rg BT 143.93 358.10 Td (the ) Tj ET Q q 0 0 0 rg BT 157.40 358.10 Td (extent ) Tj ET Q q 0 0 0 rg BT 183.09 358.10 Td (that ) Tj ET Q q 0 0 0 rg BT 199.34 358.10 Td (the ) Tj ET Q q 0 0 0 rg BT 212.81 358.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 259.06 358.10 Td (outbreak ) Tj ET Q q 0 0 0 rg BT 295.30 358.10 Td (continues ) Tj ET Q q 0 0 0 rg BT 334.88 358.10 Td (to ) Tj ET Q q 0 0 0 rg BT 343.92 358.10 Td (adversely ) Tj ET Q q 0 0 0 rg BT 383.49 358.10 Td (af) Tj ET Q q 0 0 0 rg BT 391.08 358.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 407.32 358.10 Td (our ) Tj ET Q q 0 0 0 rg BT 421.90 358.10 Td (business ) Tj ET Q q 0 0 0 rg BT 457.05 358.10 Td (and ) Tj ET Q q 0 0 0 rg BT 472.74 358.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 508.98 358.10 Td (performance, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (it ) Tj ET Q q 0 0 0 rg BT 58.07 346.10 Td (may ) Tj ET Q q 0 0 0 rg BT 77.81 346.10 Td (also ) Tj ET Q q 0 0 0 rg BT 96.43 346.10 Td (have ) Tj ET Q q 0 0 0 rg BT 117.83 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 132.56 346.10 Td (ef) Tj ET Q q 0 0 0 rg BT 140.15 346.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 157.65 346.10 Td (of ) Tj ET Q q 0 0 0 rg BT 168.50 346.10 Td (heightening ) Tj ET Q q 0 0 0 rg BT 218.23 346.10 Td (many ) Tj ET Q q 0 0 0 rg BT 242.96 346.10 Td (of ) Tj ET Q q 0 0 0 rg BT 253.81 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 268.54 346.10 Td (other ) Tj ET Q q 0 0 0 rg BT 291.61 346.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 313.02 346.10 Td (identified ) Tj ET Q q 0 0 0 rg BT 353.85 346.10 Td (below ) Tj ET Q q 0 0 0 rg BT 380.81 346.10 Td (and ) Tj ET Q q 0 0 0 rg BT 397.76 346.10 Td (in ) Tj ET Q q 0 0 0 rg BT 408.06 346.10 Td (the ) Tj ET Q q 0 0 0 rg BT 422.79 346.10 Td (Risk ) Tj ET Q q 0 0 0 rg BT 448.09 346.10 Td (Factors ) Tj ET Q q 0 0 0 rg BT 484.48 346.10 Td (section ) Tj ET Q q 0 0 0 rg BT 515.32 346.10 Td (of ) Tj ET Q q 0 0 0 rg BT 526.17 346.10 Td (our ) Tj ET Q q 0 0 0 rg BT 542.02 346.10 Td (2019 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (10-K.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (W) Tj ET Q q 0 0 0 rg BT 59.45 310.10 Td (e ) Tj ET Q q 0 0 0 rg BT 66.19 310.10 Td (may ) Tj ET Q q 0 0 0 rg BT 86.83 310.10 Td (not ) Tj ET Q q 0 0 0 rg BT 103.03 310.10 Td (r) Tj ET Q q 0 0 0 rg BT 107.29 310.10 Td (ealize ) Tj ET Q q 0 0 0 rg BT 133.47 310.10 Td (any ) Tj ET Q q 0 0 0 rg BT 151.34 310.10 Td (or) Tj ET Q q 0 0 0 rg BT 160.59 310.10 Td ( ) Tj ET Q q 0 0 0 rg BT 162.90 310.10 Td (all ) Tj ET Q q 0 0 0 rg BT 175.76 310.10 Td (of ) Tj ET Q q 0 0 0 rg BT 186.40 310.10 Td (our) Tj ET Q q 0 0 0 rg BT 201.22 310.10 Td ( ) Tj ET Q q 0 0 0 rg BT 203.53 310.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 246.93 310.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 265.90 310.10 Td (savings, ) Tj ET Q q 0 0 0 rg BT 301.83 310.10 Td (which ) Tj ET Q q 0 0 0 rg BT 329.70 310.10 Td (may ) Tj ET Q q 0 0 0 rg BT 350.34 310.10 Td (have ) Tj ET Q q 0 0 0 rg BT 372.64 310.10 Td (a ) Tj ET Q q 0 0 0 rg BT 379.95 310.10 Td (negative ) Tj ET Q q 0 0 0 rg BT 417.81 310.10 Td (effect ) Tj ET Q q 0 0 0 rg BT 443.42 310.10 Td (on ) Tj ET Q q 0 0 0 rg BT 456.29 310.10 Td (our) Tj ET Q q 0 0 0 rg BT 471.11 310.10 Td ( ) Tj ET Q q 0 0 0 rg BT 473.41 310.10 Td (r) Tj ET Q q 0 0 0 rg BT 477.67 310.10 Td (esults ) Tj ET Q q 0 0 0 rg BT 503.87 310.10 Td (of ) Tj ET Q q 0 0 0 rg BT 514.51 310.10 Td (operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 286.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 286.10 Td (e ) Tj ET Q q 0 0 0 rg BT 101.88 286.10 Td (have ) Tj ET Q q 0 0 0 rg BT 123.57 286.10 Td (identified ) Tj ET Q q 0 0 0 rg BT 164.70 286.10 Td (several ) Tj ET Q q 0 0 0 rg BT 195.82 286.10 Td (areas ) Tj ET Q q 0 0 0 rg BT 219.16 286.10 Td (that ) Tj ET Q q 0 0 0 rg BT 236.97 286.10 Td (present ) Tj ET Q q 0 0 0 rg BT 268.65 286.10 Td (opportunities ) Tj ET Q q 0 0 0 rg BT 324.23 286.10 Td (for ) Tj ET Q q 0 0 0 rg BT 338.70 286.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 357.62 286.10 Td (savings ) Tj ET Q q 0 0 0 rg BT 390.42 286.10 Td (and ) Tj ET Q q 0 0 0 rg BT 407.67 286.10 Td (ef) Tj ET Q q 0 0 0 rg BT 415.26 286.10 Td (ficiencies ) Tj ET Q q 0 0 0 rg BT 456.38 286.10 Td (to ) Tj ET Q q 0 0 0 rg BT 466.96 286.10 Td (potentially ) Tj ET Q q 0 0 0 rg BT 512.54 286.10 Td (improve ) Tj ET Q q 0 0 0 rg BT 548.67 286.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (results ) Tj ET Q q 0 0 0 rg BT 77.46 274.10 Td (of ) Tj ET Q q 0 0 0 rg BT 87.14 274.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 130.14 274.10 Td (while ) Tj ET Q q 0 0 0 rg BT 153.71 274.10 Td (our ) Tj ET Q q 0 0 0 rg BT 168.39 274.10 Td (business ) Tj ET Q q 0 0 0 rg BT 203.63 274.10 Td (is ) Tj ET Q q 0 0 0 rg BT 211.65 274.10 Td (being ) Tj ET Q q 0 0 0 rg BT 235.22 274.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 273.22 274.10 Td (by ) Tj ET Q q 0 0 0 rg BT 284.57 274.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.14 274.10 Td (COVID-19 ) Tj ET Q q 0 0 0 rg BT 344.48 274.10 Td (crisis, ) Tj ET Q q 0 0 0 rg BT 369.44 274.10 Td (including ) Tj ET Q q 0 0 0 rg BT 408.56 274.10 Td (improved ) Tj ET Q q 0 0 0 rg BT 448.24 274.10 Td (working ) Tj ET Q q 0 0 0 rg BT 482.92 274.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 510.92 274.10 Td (management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 90.34 262.10 Td (though ) Tj ET Q q 0 0 0 rg BT 121.25 262.10 Td (a ) Tj ET Q q 0 0 0 rg BT 128.81 262.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 169.70 262.10 Td (in ) Tj ET Q q 0 0 0 rg BT 180.61 262.10 Td (staf) Tj ET Q q 0 0 0 rg BT 194.87 262.10 Td (fing, ) Tj ET Q q 0 0 0 rg BT 216.60 262.10 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 277.77 262.10 Td (and ) Tj ET Q q 0 0 0 rg BT 295.34 262.10 Td (other ) Tj ET Q q 0 0 0 rg BT 319.01 262.10 Td (discretionary ) Tj ET Q q 0 0 0 rg BT 374.34 262.10 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 415.84 262.10 Td (The ) Tj ET Q q 0 0 0 rg BT 434.52 262.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 472.63 262.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 491.87 262.10 Td (savings ) Tj ET Q q 0 0 0 rg BT 525.00 262.10 Td (that ) Tj ET Q q 0 0 0 rg BT 543.12 262.10 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (been ) Tj ET Q q 0 0 0 rg BT 71.68 250.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 112.81 250.10 Td (based ) Tj ET Q q 0 0 0 rg BT 138.38 250.10 Td (on ) Tj ET Q q 0 0 0 rg BT 151.18 250.10 Td (these ) Tj ET Q q 0 0 0 rg BT 174.53 250.10 Td (opportunities ) Tj ET Q q 0 0 0 rg BT 230.11 250.10 Td (are ) Tj ET Q q 0 0 0 rg BT 245.12 250.10 Td (based ) Tj ET Q q 0 0 0 rg BT 270.70 250.10 Td (on ) Tj ET Q q 0 0 0 rg BT 283.50 250.10 Td (a ) Tj ET Q q 0 0 0 rg BT 290.74 250.10 Td (number ) Tj ET Q q 0 0 0 rg BT 324.09 250.10 Td (of ) Tj ET Q q 0 0 0 rg BT 335.23 250.10 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 387.48 250.10 Td (and ) Tj ET Q q 0 0 0 rg BT 404.72 250.10 Td (expectations ) Tj ET Q q 0 0 0 rg BT 457.51 250.10 Td (which, ) Tj ET Q q 0 0 0 rg BT 487.25 250.10 Td (if ) Tj ET Q q 0 0 0 rg BT 496.16 250.10 Td (achieved, ) Tj ET Q q 0 0 0 rg BT 537.00 250.10 Td (would ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (improve ) Tj ET Q q 0 0 0 rg BT 85.97 238.10 Td (our ) Tj ET Q q 0 0 0 rg BT 101.94 238.10 Td (profitability ) Tj ET Q q 0 0 0 rg BT 152.35 238.10 Td (and ) Tj ET Q q 0 0 0 rg BT 169.43 238.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 189.85 238.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 214.71 238.10 Td (from ) Tj ET Q q 0 0 0 rg BT 236.79 238.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 277.20 238.10 Td (activities. ) Tj ET Q q 0 0 0 rg BT 318.44 238.10 Td (However) Tj ET Q q 0 0 0 rg BT 354.69 238.10 Td (, ) Tj ET Q q 0 0 0 rg BT 359.83 238.10 Td (there ) Tj ET Q q 0 0 0 rg BT 382.46 238.10 Td (can ) Tj ET Q q 0 0 0 rg BT 398.98 238.10 Td (be ) Tj ET Q q 0 0 0 rg BT 411.06 238.10 Td (no ) Tj ET Q q 0 0 0 rg BT 423.71 238.10 Td (assurance ) Tj ET Q q 0 0 0 rg BT 465.22 238.10 Td (that ) Tj ET Q q 0 0 0 rg BT 482.86 238.10 Td (the ) Tj ET Q q 0 0 0 rg BT 497.72 238.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 535.89 238.10 Td (results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (will ) Tj ET Q q 0 0 0 rg BT 68.02 226.10 Td (be ) Tj ET Q q 0 0 0 rg BT 79.93 226.10 Td (achieved. ) Tj ET Q q 0 0 0 rg BT 120.25 226.10 Td (These ) Tj ET Q q 0 0 0 rg BT 146.59 226.10 Td (and ) Tj ET Q q 0 0 0 rg BT 163.49 226.10 Td (any ) Tj ET Q q 0 0 0 rg BT 180.40 226.10 Td (future ) Tj ET Q q 0 0 0 rg BT 206.74 226.10 Td (spend ) Tj ET Q q 0 0 0 rg BT 232.54 226.10 Td (reductions, ) Tj ET Q q 0 0 0 rg BT 279.16 226.10 Td (if ) Tj ET Q q 0 0 0 rg BT 287.73 226.10 Td (any) Tj ET Q q 0 0 0 rg BT 301.52 226.10 Td (, ) Tj ET Q q 0 0 0 rg BT 306.49 226.10 Td (may ) Tj ET Q q 0 0 0 rg BT 326.17 226.10 Td (also ) Tj ET Q q 0 0 0 rg BT 344.74 226.10 Td (negatively ) Tj ET Q q 0 0 0 rg BT 388.86 226.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 418.54 226.10 Td (our ) Tj ET Q q 0 0 0 rg BT 434.33 226.10 Td (other ) Tj ET Q q 0 0 0 rg BT 457.35 226.10 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 499.25 226.10 Td (or ) Tj ET Q q 0 0 0 rg BT 510.05 226.10 Td (our ) Tj ET Q q 0 0 0 rg BT 525.84 226.10 Td (ef) Tj ET Q q 0 0 0 rg BT 533.43 226.10 Td (forts ) Tj ET Q q 0 0 0 rg BT 554.23 226.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (grow ) Tj ET Q q 0 0 0 rg BT 72.68 214.10 Td (our ) Tj ET Q q 0 0 0 rg BT 88.13 214.10 Td (business ) Tj ET Q q 0 0 0 rg BT 124.15 214.10 Td (in ) Tj ET Q q 0 0 0 rg BT 134.06 214.10 Td (a ) Tj ET Q q 0 0 0 rg BT 140.62 214.10 Td (recovery) Tj ET Q q 0 0 0 rg BT 174.95 214.10 Td (, ) Tj ET Q q 0 0 0 rg BT 179.58 214.10 Td (which ) Tj ET Q q 0 0 0 rg BT 206.14 214.10 Td (may ) Tj ET Q q 0 0 0 rg BT 225.48 214.10 Td (negatively ) Tj ET Q q 0 0 0 rg BT 269.26 214.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 298.60 214.10 Td (our ) Tj ET Q q 0 0 0 rg BT 314.06 214.10 Td (future ) Tj ET Q q 0 0 0 rg BT 340.06 214.10 Td (results ) Tj ET Q q 0 0 0 rg BT 368.29 214.10 Td (of ) Tj ET Q q 0 0 0 rg BT 378.75 214.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 422.53 214.10 Td (and ) Tj ET Q q 0 0 0 rg BT 439.10 214.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 473.98 214.10 Td (the ) Tj ET Q q 0 0 0 rg BT 488.32 214.10 Td (burden ) Tj ET Q q 0 0 0 rg BT 518.22 214.10 Td (on ) Tj ET Q q 0 0 0 rg BT 530.34 214.10 Td (existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (management, ) Tj ET Q q 0 0 0 rg BT 106.09 202.10 Td (systems ) Tj ET Q q 0 0 0 rg BT 140.26 202.10 Td (and ) Tj ET Q q 0 0 0 rg BT 157.20 202.10 Td (resources. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 90.62 178.10 Td (for) Tj ET Q q 0 0 0 rg BT 103.20 178.10 Td ( ) Tj ET Q q 0 0 0 rg BT 104.92 178.10 Td (futur) Tj ET Q q 0 0 0 rg BT 126.96 178.10 Td (e ) Tj ET Q q 0 0 0 rg BT 133.11 178.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 166.49 178.10 Td (may ) Tj ET Q q 0 0 0 rg BT 186.54 178.10 Td (be ) Tj ET Q q 0 0 0 rg BT 198.25 178.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 239.40 178.10 Td (by ) Tj ET Q q 0 0 0 rg BT 251.68 178.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 303.94 178.10 Td (charges ) Tj ET Q q 0 0 0 rg BT 338.42 178.10 Td (for) Tj ET Q q 0 0 0 rg BT 351.01 178.10 Td ( ) Tj ET Q q 0 0 0 rg BT 352.72 178.10 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 390.56 178.10 Td (and ) Tj ET Q q 0 0 0 rg BT 408.39 178.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 452.90 178.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 479.05 178.10 Td (r) Tj ET Q q 0 0 0 rg BT 483.31 178.10 Td (elated ) Tj ET Q q 0 0 0 rg BT 510.57 178.10 Td (to ) Tj ET Q q 0 0 0 rg BT 520.62 178.10 Td (Covid-19.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 154.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 154.10 Td (e ) Tj ET Q q 0 0 0 rg BT 100.92 154.10 Td (carry ) Tj ET Q q 0 0 0 rg BT 123.29 154.10 Td (a ) Tj ET Q q 0 0 0 rg BT 129.57 154.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 173.62 154.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 205.46 154.10 Td (of ) Tj ET Q q 0 0 0 rg BT 215.63 154.10 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 253.02 154.10 Td (and ) Tj ET Q q 0 0 0 rg BT 269.30 154.10 Td (identifiable ) Tj ET Q q 0 0 0 rg BT 316.68 154.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 358.51 154.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 383.68 154.10 Td (on ) Tj ET Q q 0 0 0 rg BT 395.52 154.10 Td (our ) Tj ET Q q 0 0 0 rg BT 410.69 154.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 463.07 154.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 495.44 154.10 Td (sheets. ) Tj ET Q q 0 0 0 rg BT 524.22 154.10 Td (Goodwill ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (is ) Tj ET Q q 0 0 0 rg BT 58.82 142.10 Td (the ) Tj ET Q q 0 0 0 rg BT 73.18 142.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 101.42 142.10 Td (of ) Tj ET Q q 0 0 0 rg BT 111.90 142.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 149.58 142.10 Td (price ) Tj ET Q q 0 0 0 rg BT 171.71 142.10 Td (over ) Tj ET Q q 0 0 0 rg BT 191.63 142.10 Td (the ) Tj ET Q q 0 0 0 rg BT 205.99 142.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 222.01 142.10 Td (value ) Tj ET Q q 0 0 0 rg BT 245.82 142.10 Td (of ) Tj ET Q q 0 0 0 rg BT 256.29 142.10 Td (the ) Tj ET Q q 0 0 0 rg BT 270.65 142.10 Td (net ) Tj ET Q q 0 0 0 rg BT 285.02 142.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 310.49 142.10 Td (of ) Tj ET Q q 0 0 0 rg BT 320.97 142.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 357.54 142.10 Td (businesses. ) Tj ET Q q 0 0 0 rg BT 404.25 142.10 Td (W) Tj ET Q q 0 0 0 rg BT 412.89 142.10 Td (e ) Tj ET Q q 0 0 0 rg BT 419.47 142.10 Td (assess ) Tj ET Q q 0 0 0 rg BT 446.06 142.10 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 483.77 142.10 Td (and ) Tj ET Q q 0 0 0 rg BT 500.35 142.10 Td (indefinite-lived ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 92.39 130.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 118.12 130.10 Td (for ) Tj ET Q q 0 0 0 rg BT 132.17 130.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 180.67 130.10 Td (each ) Tj ET Q q 0 0 0 rg BT 201.38 130.10 Td (year) Tj ET Q q 0 0 0 rg BT 218.19 130.10 Td (, ) Tj ET Q q 0 0 0 rg BT 223.09 130.10 Td (or ) Tj ET Q q 0 0 0 rg BT 233.81 130.10 Td (more ) Tj ET Q q 0 0 0 rg BT 256.76 130.10 Td (frequently ) Tj ET Q q 0 0 0 rg BT 300.25 130.10 Td (if ) Tj ET Q q 0 0 0 rg BT 308.75 130.10 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 367.79 130.10 Td (suggest ) Tj ET Q q 0 0 0 rg BT 400.19 130.10 Td (an ) Tj ET Q q 0 0 0 rg BT 412.03 130.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 460.52 130.10 Td (may ) Tj ET Q q 0 0 0 rg BT 480.14 130.10 Td (have ) Tj ET Q q 0 0 0 rg BT 501.41 130.10 Td (occurred. ) Tj ET Q q 0 0 0 rg BT 541.28 130.10 Td (If ) Tj ET Q q 0 0 0 rg BT 550.34 130.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 92.05 118.10 Td (that ) Tj ET Q q 0 0 0 rg BT 109.12 118.10 Td (a ) Tj ET Q q 0 0 0 rg BT 115.64 118.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 159.92 118.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 208.10 118.10 Td (has ) Tj ET Q q 0 0 0 rg BT 223.50 118.10 Td (occurred ) Tj ET Q q 0 0 0 rg BT 260.55 118.10 Td (in ) Tj ET Q q 0 0 0 rg BT 270.40 118.10 Td (the ) Tj ET Q q 0 0 0 rg BT 284.69 118.10 Td (value ) Tj ET Q q 0 0 0 rg BT 308.42 118.10 Td (of ) Tj ET Q q 0 0 0 rg BT 318.83 118.10 Td (our ) Tj ET Q q 0 0 0 rg BT 334.23 118.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 376.30 118.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 404.20 118.10 Td (right ) Tj ET Q q 0 0 0 rg BT 425.16 118.10 Td (of ) Tj ET Q q 0 0 0 rg BT 435.57 118.10 Td (use ) Tj ET Q q 0 0 0 rg BT 450.97 118.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 476.37 118.10 Td (or ) Tj ET Q q 0 0 0 rg BT 486.78 118.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 509.40 118.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 534.80 118.10 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.70 106.10 Td (the ) Tj ET Q q 0 0 0 rg BT 73.84 106.10 Td (disruption ) Tj ET Q q 0 0 0 rg BT 116.32 106.10 Td (of ) Tj ET Q q 0 0 0 rg BT 126.57 106.10 Td (business ) Tj ET Q q 0 0 0 rg BT 162.39 106.10 Td (caused ) Tj ET Q q 0 0 0 rg BT 191.52 106.10 Td (by ) Tj ET Q q 0 0 0 rg BT 203.44 106.10 Td (COVID-19, ) Tj ET Q q 0 0 0 rg BT 252.86 106.10 Td (we ) Tj ET Q q 0 0 0 rg BT 266.44 106.10 Td (could ) Tj ET Q q 0 0 0 rg BT 290.58 106.10 Td (be ) Tj ET Q q 0 0 0 rg BT 301.94 106.10 Td (required ) Tj ET Q q 0 0 0 rg BT 337.18 106.10 Td (to ) Tj ET Q q 0 0 0 rg BT 346.88 106.10 Td (write ) Tj ET Q q 0 0 0 rg BT 369.35 106.10 Td (of) Tj ET Q q 0 0 0 rg BT 377.50 106.10 Td (f ) Tj ET Q q 0 0 0 rg BT 382.75 106.10 Td (a ) Tj ET Q q 0 0 0 rg BT 389.12 106.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 419.92 106.10 Td (of ) Tj ET Q q 0 0 0 rg BT 430.18 106.10 Td (our ) Tj ET Q q 0 0 0 rg BT 445.43 106.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 473.18 106.10 Td (which ) Tj ET Q q 0 0 0 rg BT 499.54 106.10 Td (could ) Tj ET Q q 0 0 0 rg BT 523.68 106.10 Td (adversely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 94.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 75.07 94.10 Td (our ) Tj ET Q q 0 0 0 rg BT 90.90 94.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 143.95 94.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 181.43 94.10 Td (condition ) Tj ET Q q 0 0 0 rg BT 221.70 94.10 Td (or ) Tj ET Q q 0 0 0 rg BT 232.53 94.10 Td (our ) Tj ET Q q 0 0 0 rg BT 248.36 94.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 284.17 94.10 Td (results ) Tj ET Q q 0 0 0 rg BT 312.78 94.10 Td (of ) Tj ET Q q 0 0 0 rg BT 323.61 94.10 Td (operations.) Tj ET Q endstream endobj 99 0 obj <>] /Rotate 0 /Contents 100 0 R>> endobj 100 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (47) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Item2: ) Tj ET Q q 0 0 0 rg BT 83.32 730.25 Td (REPURCHASES ) Tj ET Q q 0 0 0 rg BT 160.28 730.25 Td (OF) Tj ET Q q 0 0 0 rg BT 173.79 730.25 Td ( ) Tj ET Q q 0 0 0 rg BT 176.29 730.25 Td (EQUITY) Tj ET Q q 0 0 0 rg BT 215.38 730.25 Td ( ) Tj ET Q q 0 0 0 rg BT 217.88 730.25 Td (SECURITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 706.25 Td (Ef) Tj ET Q q 0 0 0 rg BT 95.26 706.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 125.68 706.25 Td (February ) Tj ET Q q 0 0 0 rg BT 165.00 706.25 Td (6, ) Tj ET Q q 0 0 0 rg BT 175.72 706.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 201.44 706.25 Td (the ) Tj ET Q q 0 0 0 rg BT 216.87 706.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 264.67 706.25 Td (Board ) Tj ET Q q 0 0 0 rg BT 292.33 706.25 Td (of ) Tj ET Q q 0 0 0 rg BT 303.88 706.25 Td (Directors ) Tj ET Q q 0 0 0 rg BT 344.30 706.25 Td (unanimously ) Tj ET Q q 0 0 0 rg BT 399.19 706.25 Td (approved ) Tj ET Q q 0 0 0 rg BT 439.61 706.25 Td (an ) Tj ET Q q 0 0 0 rg BT 452.27 706.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 495.48 706.25 Td (authorized ) Tj ET Q q 0 0 0 rg BT 540.90 706.25 Td (share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 96.77 694.25 Td (plan ) Tj ET Q q 0 0 0 rg BT 117.46 694.25 Td (of ) Tj ET Q q 0 0 0 rg BT 129.26 694.25 Td ($150.0 ) Tj ET Q q 0 0 0 rg BT 160.23 694.25 Td (million. ) Tj ET Q q 0 0 0 rg BT 194.84 694.25 Td (The ) Tj ET Q q 0 0 0 rg BT 213.86 694.25 Td (Board ) Tj ET Q q 0 0 0 rg BT 241.76 694.25 Td (directed ) Tj ET Q q 0 0 0 rg BT 277.44 694.25 Td (that ) Tj ET Q q 0 0 0 rg BT 295.90 694.25 Td (the ) Tj ET Q q 0 0 0 rg BT 311.59 694.25 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 362.25 694.25 Td (be ) Tj ET Q q 0 0 0 rg BT 375.16 694.25 Td (funded ) Tj ET Q q 0 0 0 rg BT 406.40 694.25 Td (with ) Tj ET Q q 0 0 0 rg BT 427.65 694.25 Td (available ) Tj ET Q q 0 0 0 rg BT 467.20 694.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 488.44 694.25 Td (balances ) Tj ET Q q 0 0 0 rg BT 526.33 694.25 Td (and ) Tj ET Q q 0 0 0 rg BT 544.24 694.25 Td (cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 92.96 682.25 Td (by ) Tj ET Q q 0 0 0 rg BT 107.06 682.25 Td (the ) Tj ET Q q 0 0 0 rg BT 123.38 682.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 172.06 682.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 213.92 682.25 Td (activities. ) Tj ET Q q 0 0 0 rg BT 256.62 682.25 Td (Under ) Tj ET Q q 0 0 0 rg BT 285.71 682.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 317.01 682.25 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 380.25 682.25 Td (the ) Tj ET Q q 0 0 0 rg BT 396.57 682.25 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 439.53 682.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 473.62 682.25 Td (of ) Tj ET Q q 0 0 0 rg BT 486.05 682.25 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 537.35 682.25 Td (of ) Tj ET Q q 0 0 0 rg BT 549.78 682.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 97.08 670.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 124.58 670.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 152.07 670.25 Td (may ) Tj ET Q q 0 0 0 rg BT 171.78 670.25 Td (be ) Tj ET Q q 0 0 0 rg BT 183.72 670.25 Td (limited ) Tj ET Q q 0 0 0 rg BT 214.55 670.25 Td (by ) Tj ET Q q 0 0 0 rg BT 227.05 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 241.77 670.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 266.48 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 283.42 670.25 Td (underlying ) Tj ET Q q 0 0 0 rg BT 329.25 670.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 366.73 670.25 Td (covenants ) Tj ET Q q 0 0 0 rg BT 409.21 670.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 450.03 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 464.75 670.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 511.83 670.25 Td (commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (bank ) Tj ET Q q 0 0 0 rg BT 71.94 658.25 Td (financing ) Tj ET Q q 0 0 0 rg BT 112.20 658.25 Td (facility) Tj ET Q q 0 0 0 rg BT 139.87 658.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 634.25 Td (There ) Tj ET Q q 0 0 0 rg BT 112.08 634.25 Td (were ) Tj ET Q q 0 0 0 rg BT 134.28 634.25 Td (no ) Tj ET Q q 0 0 0 rg BT 147.04 634.25 Td (share ) Tj ET Q q 0 0 0 rg BT 170.91 634.25 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 220.87 634.25 Td (during ) Tj ET Q q 0 0 0 rg BT 249.75 634.25 Td (the ) Tj ET Q q 0 0 0 rg BT 264.73 634.25 Td (first ) Tj ET Q q 0 0 0 rg BT 283.60 634.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 314.68 634.25 Td (of ) Tj ET Q q 0 0 0 rg BT 325.78 634.25 Td (the ) Tj ET Q q 0 0 0 rg BT 340.76 634.25 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 365.18 634.25 Td (period ) Tj ET Q q 0 0 0 rg BT 393.50 634.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.14 634.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 464.01 634.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.01 634.25 Td (, ) Tj ET Q q 0 0 0 rg BT 489.27 634.25 Td (and ) Tj ET Q q 0 0 0 rg BT 506.48 634.25 Td (the ) Tj ET Q q 0 0 0 rg BT 521.46 634.25 Td (maximum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (number ) Tj ET Q q 0 0 0 rg BT 83.05 622.25 Td (\(or ) Tj ET Q q 0 0 0 rg BT 97.21 622.25 Td (approximate ) Tj ET Q q 0 0 0 rg BT 149.69 622.25 Td (dollar ) Tj ET Q q 0 0 0 rg BT 175.51 622.25 Td (value\) ) Tj ET Q q 0 0 0 rg BT 203.00 622.25 Td (of ) Tj ET Q q 0 0 0 rg BT 213.83 622.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 241.32 622.25 Td (that ) Tj ET Q q 0 0 0 rg BT 258.81 622.25 Td (may ) Tj ET Q q 0 0 0 rg BT 278.53 622.25 Td (yet ) Tj ET Q q 0 0 0 rg BT 293.25 622.25 Td (be ) Tj ET Q q 0 0 0 rg BT 305.19 622.25 Td (purchased ) Tj ET Q q 0 0 0 rg BT 348.22 622.25 Td (under ) Tj ET Q q 0 0 0 rg BT 373.49 622.25 Td (the ) Tj ET Q q 0 0 0 rg BT 388.21 622.25 Td (current ) Tj ET Q q 0 0 0 rg BT 419.02 622.25 Td (program ) Tj ET Q q 0 0 0 rg BT 455.40 622.25 Td (is ) Tj ET Q q 0 0 0 rg BT 464.57 622.25 Td ($80.1 ) Tj ET Q q 0 0 0 rg BT 489.57 622.25 Td (million.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (Item3: ) Tj ET Q q 0 0 0 rg BT 83.32 586.25 Td (DEF) Tj ET Q q 0 0 0 rg BT 102.58 586.25 Td (AUL) Tj ET Q q 0 0 0 rg BT 122.77 586.25 Td (TS ) Tj ET Q q 0 0 0 rg BT 137.50 586.25 Td (UPON ) Tj ET Q q 0 0 0 rg BT 168.33 586.25 Td (SENIOR ) Tj ET Q q 0 0 0 rg BT 209.18 586.25 Td (SECURITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 564.25 Td (None.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 528.25 Td (Item ) Tj ET Q q 0 0 0 rg BT 72.49 528.25 Td (4: ) Tj ET Q q 0 0 0 rg BT 83.32 528.25 Td (MINE ) Tj ET Q q 0 0 0 rg BT 113.04 528.25 Td (SAFETY) Tj ET Q q 0 0 0 rg BT 152.12 528.25 Td ( ) Tj ET Q q 0 0 0 rg BT 154.62 528.25 Td (DISCLOSURES ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 506.25 Td (Not ) Tj ET Q q 0 0 0 rg BT 91.50 506.25 Td (applicable.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (Item ) Tj ET Q q 0 0 0 rg BT 72.49 470.25 Td (5: ) Tj ET Q q 0 0 0 rg BT 83.32 470.25 Td (OTHER ) Tj ET Q q 0 0 0 rg BT 121.94 470.25 Td (INFORMA) Tj ET Q q 0 0 0 rg BT 170.08 470.25 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 448.25 Td (None.) 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