<PAGE> 1
Securities and Exchange Commission
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 16, 1999
FPA Medical Management, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-24276 33-0604264
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
5835 Blue Lagoon Drive
Miami, FL 33126-2017
(Address of principal executive offices) (Zip Code)
(305) 477-4372
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
<PAGE> 2
Item 5. Other Events.
As previously reported on a Current Report on Form 8-K, on
July 19, 1998 and various dates thereafter through August 7, 1998, the
Registrant and various of its subsidiaries and affiliates (collectively, the
"Debtors") filed for protection under Chapter 11 in the United States District
Court for the District of Delaware (the "Bankruptcy Court"). The cases have been
consolidated for the purpose of joint administration and have been assigned to
Chief United States Bankruptcy Judge Peter J. Walsh. The consolidated caption
is: In re FPA Medical Management, Inc., et al. Debtors, Case Nos. 98-1596
through 98-1685.
On February 16, 1999, the Debtors filed with the United States
Bankruptcy Court for the District of Delaware its monthly operating report for
the period from January 4, 1999 through January 29, 1999 (the "MOR"), which is
attached hereto as Exhibit 99.1.(1)
- ------------------------
(1) The attachments and exhibits referenced in the MOR are not attached as
part of Exhibit 99.1, but are available at the Office of the United
States Trustee and the Bankruptcy Court. In addition, the Registrant
agrees that it will furnish a copy of any omitted schedule or similar
attachment to the Commission upon its request.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Monthly Operating Report for the period from
January 4, 1999 through January 29, 1999.
2
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
FPA MEDICAL MANAGEMENT, INC.
By: /s/ Stephen J. Dresnick
Date: February , 1999 --------------------------------------
--------- Stephen J. Dresnick
Chairman and Chief Executive Officer
3
<PAGE> 4
EXHIBIT INDEX
Number Exhibit
- ------ -------
99.1 Monthly Operating Report for the period from January 4, 1999
through January 29, 1999.
4
<PAGE> 1
Exhibit 99.1
FPA MEDICAL MANAGEMENT, INC.
MATRIX OF REQUIRED ATTACHMENTS / BANK STATEMENTS
<TABLE>
<CAPTION>
JANUARY DECEMBER NOVEMBER
BANK BANK BANK
DEBTORS STATEMENTS STATEMENTS STATEMENTS COMMENTS
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Core Business Units:
Sterling Healthcare Group, Inc. X
Meridian X
Florida Humana & Clinics X
Health Partners Inc.
Non-Core Business Units
Illinois MSO X X X
Kansas City X
</TABLE>
<PAGE> 2
Debtor: FPA MEDICAL MANAGEMENT, INC.
Case Number: 98-01596PJW through 98-01685PJW
Notes to Monthly Operating Report for the period January 4, 1999 through January
29, 1999, "Required Attachments":
1. Depository Tax Receipts for payroll tax deposits into tax trust accounts are
included for the month of January.
2. Copies of most of the Debtors' bank statements for the month of January are
attached; copies of the balance of the January statements not yet received from
the Banks and/or Debtors will be forwarded upon receipt. In addition, copies of
unsubmitted Debtors' bank statements in the prior period for the months of
November and December are attached.
3. The Debtors' most recently filed Income Tax Return for 1997 is included in
the filing for the period November 30, 1998 through January 1, 1999 with the
Office of the United States Trustee. The 1996 Tax Return was submitted in a
prior period (July 19-August 28, 1998) filing.
4. The Debtors' most recent Annual Financial Statements prepared by Accountant
were included in a prior period (July 19-August 28, 1998) filing with the Office
of the United States Trustee.
<PAGE> 3
FPA MEDICAL MANAGEMENT, INC.
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999 through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
------------------------------------------------------
Projected (1) Actual (1) Difference
------------------------------------------------------
A B C=B-A
------------------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $ -- $ (167,542) (167,542)
Cash Receipts:
Fee For Service Billings $ 14,830,000 $ 11,024,198 (3,805,802)
Claims & Capitation $ 8,265,000 $ 8,494,705 299,705
Reimbursement $ -- $ 108,608 108,608
Medicare & Collections $ 1,600,000 $ 1,119,332 (480,668)
------------ ------------ ----------
TOTAL CASH RECEIPTS $ 24,695,000 $ 20,746,843 (3,948,157)
Less: Cash Disbursements:
Employee & Physician Payroll $ 18,394,000 $ 18,333,553 (60,447)
Catch-up payments to Doctors $ -- $ -- --
Insurance $ 2,404,000 $ 2,355,926 (48,074)
Claims & Capitation $ 1,235,000 $ 1,248,926 13,926
Patient Refunds $ 100,000 $ 97,962 (2,038)
Rent $ 728,500 $ 900,964 172,464
Utilities $ 332,000 $ 384,631 52,631
Bank Lock-Box Account Fees $ -- $ -- --
Medical Supplies $ 471,600 $ 279,400 (192,200)
Other $ 2,245,000 $ 2,126,396 (118,604)
------------ ------------ ----------
Total Cash Disbursements $ 25,910,100 $ 25,727,758 (182,342)
Net Cash Flow $ (1,215,100) $ (4,980,915) (3,765,815)
Financing Charges (2) $ -- $ (361,460) (361,460)
Collection of Notes $ -- $ --
Retention Costs (2) $ -- $ (366,597) (366,597)
Utility Company Deposits/Recoveries $ -- $ -- $ --
Professional Fee Retainers $ -- $ -- --
Professional Fees (2) $ (1,250,000) $ (761,326) 488,674
Restructuring Expenses $ (150,000) $ (817,085) (667,085)
Repayment to HPI $ -- $ 243,000 243,000
Capital Expenditures (2) $ -- $ -- --
First Union CD/Deposit $ -- $ -- --
Restricted AWS Cash $ -- $ -- --
A/R Turnover from Collection $ 505,000 $ 63,709 (441,291)
Sale of Orange Coast $ -- $ -- --
Sale of Axminster $ -- $ -- --
Sale of Other Assets $ 2,000,000 $ 850,000 (1,150,000)
DIP Loan Repayment $ (4,105,000) $ (172,418) 3,932,582
DIP Loan Proceeds $ 4,594,734 $ 4,435,000 (159,734)
Orange Coast Transaction Fees $ -- $ -- --
Orange Coast Post-Sale Disbursements $ (379,634) $ (130,668) 248,966
------------ ------------ ----------
ENDING CASH BALANCE $ -- $ (2,166,302) (2,166,302)
------------ ------------ ----------
</TABLE>
1) The projected data reflected herein is based upon the Final DIP Budget
submitted to the Court on July 20, 1998, as amended on November 16, 1998. The
actual data reflected herein is based upon the actual data reported to the Bank
Group in the Weekly Cash Reports.
2) Amounts for Financing Charges, Retention Costs, Professional Fees and Capital
Expenditures are generally reflected at the FPA Corporate level only.
Additionally, Intercompany transfers occurring between the Sterling Healthcare
Group, Inc. and FPA Corporate are not separately reflected herein.
<PAGE> 4
CORPORATE
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999 through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
-----------------------------------------------------
Projected Actual Difference
-----------------------------------------------------
A B C=B-A
-----------------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $(2,818,717) $ -- 2,818,717
Cash Receipts:
Fee For Service Billings $ 150,000 $ 27,466 (122,534)
Claims & Capitation $ -- $ -- --
Reimbursement $ -- $ 108,608 108,608
Medicare & Collections $ -- $ -- --
----------- ----------- ---------
TOTAL CASH RECEIPTS $ 150,000 $ 136,074 (13,926)
Less: Cash Disbursements:
Employee & Physician Payroll $ 324,000 $ 672,576 348,576
Catch-up payments to Doctors $ -- $ -- --
Insurance $ 400,000 $ 504,602 104,602
Claims & Capitation $ -- $ -- --
Patient Refunds $ -- $ -- --
Rent $ 16,500 $ 71,714 55,214
Utilities $ 10,000 $ 10,963 963
Bank Lock Box $ -- $ -- --
Medical Supply $ -- $ -- --
Other $ 125,000 $ 144,776 19,776
----------- ----------- ---------
Total Cash Disbursements $ 875,500 $ 1,404,631 529,131
Less: Interest $ -- $ -- --
Net Cash Flow $ (725,500) $(1,268,557) (543,057)
Net DIP Advance $ -- $ -- --
Intercompany Transfers $ -- $ 1,268,557 1,268,557
ENDING CASH BALANCE $(3,544,217) $ -- 3,544,217
----------- ----------- ---------
</TABLE>
<PAGE> 5
FLORIDA (CLINICS & HUMANA)
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999 through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
---------------------------------------------------
Projected Actual Difference
---------------------------------------------------
A B C=B-A
---------------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $ (777,443) $ -- 777,443
Cash Receipts:
Fee For Service Billings $ 600,000 $ 665,585 65,585
Claims & Capitation $ 2,300,000 $ 1,818,589 (481,411)
Reimbursement $ -- $ -- --
Medicare & Collections $ -- $ -- --
----------- ----------- ---------
TOTAL CASH RECEIPTS $ 2,900,000 $ 2,484,174 (415,826)
Less: Cash Disbursements:
Employee & Physician Payroll $ 2,200,000 $ 2,317,238 117,238
Catch-up payments to Doctors $ -- $ -- --
Insurance $ 250,000 $ 178,606 (71,394)
Claims & Capitation $ -- $ -- --
Patient Refunds $ -- $ 100 100
Rent $ 300,000 $ 304,482 4,482
Utilities $ 200,000 $ 260,892 60,892
Bank Lock Box $ -- $ -- --
Medical Supply $ 200,000 $ 100,416 (99,584)
Other $ 200,000 $ 241,187 41,187
----------- ----------- ---------
Total Cash Disbursements $ 3,350,000 $ 3,402,921 52,921
Agreed Cash Adjustments $ -- $ -- --
Less: Interest $ -- $ -- --
Net Cash Flow $ (250,000) $ (918,747) (668,747)
Intercompany Transfers $ -- $ 918,747 918,747
ENDING CASH BALANCE $(1,027,443) $ -- 1,027,443
----------- ----------- ---------
</TABLE>
<PAGE> 6
HEALTH PARTNERS, INC
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999 through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
---------------------------------------------------
Projected Actual Difference
---------------------------------------------------
A B C=B-A
---------------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $ 2,942,848 $ 1,266,090 $(1,676,758)
Cash Receipts:
Fee For Service Billings $ 2,486,000 $ 2,430,867 $ (55,133)
Claims & Capitation $ 3,434,228 $ 1,850,008 $(1,584,220)
Reimbursement $ -- $ -- $ --
Medicare & Collections $ -- $ -- $ --
----------- ----------- -----------
TOTAL CASH RECEIPTS $ 5,920,228 $ 4,280,875 $(1,639,353)
Less: Cash Disbursements:
Employee & Physician Payroll $ 3,252,000 $ 1,920,343 $(1,331,657)
Catch-up payments to Doctors $ -- $ -- $ --
Insurance $ 235,000 $ 81,612 $ (153,388)
Claims & Capitation $ 2,890,000 $ 106,339 $(2,783,661)
Patient Refunds $ 8,000 $ 3,234 $ (4,766)
Rent $ 285,630 $ 218,362 $ (67,268)
Utilities $ 71,000 $ 43,718 $ (27,282)
Bank Lock Account Fees $ --
Medical Supply $ -- $ 133,224 $ 133,224
Other $ 800,000 $ 880,498 $ 80,498
----------- ----------- -----------
Total Cash Disbursements $ 7,541,630 $ 3,387,330 $(4,154,300)
Agreed Cash Adjustments $ -- $ -- $ --
Less: Interest $ -- $ 3,879 $ 3,879
Net Cash Flow $(1,796,402) $ 889,666 $ 2,686,068
Intercompany Transfers $ -- $ 211,120 $ 211,120
ENDING CASH BALANCE $ 1,146,446 $ 2,366,876 $ 1,220,430
----------- ----------- -----------
</TABLE>
Note: Health Partners Inc. is reported for cash flow purposes as a stand alone
entity. These transactions are not included as a part of the FPA Medical
Management, Inc. roll-up.
<PAGE> 7
KANSAS CITY
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999, through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
---------------------------------------------------
Projected Actual Difference
---------------------------------------------------
A B C=B-A
---------------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $ 1,596,000 $ -- (1,596,000)
Cash Receipts:
Fee For Service Billings $ 60,000 $ 156,317 96,317
Claims & Capitation $ 2,900,000 $ 2,531,125 (368,875)
Reimbursement $ -- $ -- --
Medicare & Collections $ -- $ -- --
----------- ----------- -----------
TOTAL CASH RECEIPTS $ 2,960,000 $ 2,687,442 (272,558)
Less: Cash Disbursements:
Employee & Physician Payroll $ 1,500,000 $ 1,454,630 (45,370)
Catch-up payments to Doctors $ -- $ -- --
Insurance $ 60,000 $ -- (60,000)
Claims & Capitation $ -- $ -- --
Patient Refunds $ -- $ -- --
Rent $ 235,000 $ 215,868 (19,132)
Utilities $ 10,000 $ 13,151 3,151
Bank Lock Box $ -- $ -- --
Medical Supply $ 40,000 $ 33,548 (6,452)
Other $ 50,000 $ 58,425 8,425
----------- ----------- -----------
Total Cash Disbursements $ 1,895,000 $ 1,775,622 (119,378)
Agreed Cash Adjustments $ -- $ -- --
Less: Interest $ -- $ -- --
Net Cash Flow $ 1,065,000 $ 911,820 (153,180)
Intercompany Transfers $ -- $ (911,820) (911,820)
ENDING CASH BALANCE $ 2,661,000 $ -- (2,661,000)
----------- ----------- -----------
</TABLE>
<PAGE> 8
MERIDIAN
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999 through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
---------------------------------------------------
Projected Actual Difference
---------------------------------------------------
A B C=B-A
---------------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $ 357,931 $ 36,832 (321,099)
Cash Receipts:
Fee For Service Billings $ 380,000 $ 448,959 68,959
Claims & Capitation $ 2,800,000 $ 2,925,891 125,891
Reimbursement $ -- $ -- --
Medicare & Collections $ -- $ -- --
----------- ----------- --------
TOTAL CASH RECEIPTS $ 3,180,000 $ 3,374,850 194,850
Less: Cash Disbursements:
Employee & Physician Payroll $ 1,600,000 $ 1,629,277 29,277
Catch-up payments to Doctors $ -- $ -- --
Insurance $ -- $ -- --
Claims & Capitation $ 1,000,000 $ 1,050,564 50,564
Patient Refunds $ -- $ 1,626 1,626
Rent $ -- $ 2,274 2,274
Utilities $ 25,000 $ 76,028 51,028
Bank Lock Box $ -- $ -- --
Medical Supply $ 120,000 $ 73,960 (46,040)
Other $ 300,000 $ 282,128 (17,872)
----------- ----------- --------
Total Cash Disbursements $ 3,045,000 $ 3,115,857 70,857
Financing Charges $ -- $ -- --
Net DIP Advance $ -- $ -- --
Net Cash Flow $ 135,000 $ 258,993 123,993
Intercompany Transfers $ -- $ (301,543) (301,543)
ENDING CASH BALANCE $ 492,931 $ (5,718) (498,649)
----------- ----------- --------
</TABLE>
<PAGE> 9
NORTH CAROLINA
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999 through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
-----------------------------------------------
Projected Actual Difference
-----------------------------------------------
A B C=B-A
-----------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $(590,052) $ -- 590,052
Cash Receipts:
Fee For Service Billings $ 160,000 $ 81,647 (78,353)
Claims & Capitation $ 90,000 $ 80,718 (9,282)
Reimbursement $ -- $ -- --
Medicare & Collections $ -- $ -- --
----------- ----------- --------
TOTAL CASH RECEIPTS $ 250,000 $ 162,365 (87,635)
Less: Cash Disbursements:
Employee & Physician Payroll $ 320,000 $ 363,863 43,863
Catch-up payments to Doctors $ -- $ -- --
Insurance $ 15,000 $ 17,506 2,506
Claims & Capitation $ -- $ -- --
Patient Refunds $ -- $ -- --
Rent $ 52,000 $ 81,792 29,792
Utilities $ -- $ 5,591 5,591
Bank Lock Box $ -- $ -- --
Medical Supply $ 10,000 $ 10,693 693
Other $ 60,000 $ 60,479 479
----------- ----------- --------
Total Cash Disbursements $ 457,000 $ 539,924 82,924
Agreed Cash Adjustments $ -- $ -- --
Less: Interest $ -- $ -- --
Net Cash Flow $(207,000) $(377,559) (170,559)
Intercompany Transfers $ -- $ 377,559 377,559
ENDING CASH BALANCE $(797,052) $ -- 797,052
----------- ----------- --------
</TABLE>
<PAGE> 10
CLOSURES
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999 through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
-----------------------------------------------
Projected Actual Difference
-----------------------------------------------
A B C=B-A
-----------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $(489,679) $ (3,126) 486,553
Cash Receipts:
Fee For Service Billings $ 80,000 $ 91,083 11,083
Claims & Capitation $ 175,000 $ 121,896 (53,104)
Reimbursement $ -- $ -- --
Medicare & Collections $ -- $ -- --
--------- --------- -------
TOTAL CASH RECEIPTS $ 255,000 $ 212,979 (42,021)
Less: Cash Disbursements:
Employee & Physician Payroll $ 50,000 $ 33,068 (16,932)
Catch-up payments to Doctors $ -- $ -- --
Insurance $ -- $ -- --
Claims & Capitation $ 135,000 $ 128,812 (6,188)
Patient Refunds $ -- $ -- --
Rent $ 5,000 $ -- (5,000)
Utilities $ -- $ -- --
Bank Lock Box $ -- $ -- --
Medical Supply $ 1,600 $ 35,531 33,931
Other $ 40,000 $ 24,928 (15,072)
--------- --------- -------
Total Cash Disbursements $ 231,600 $ 222,339 (9,261)
Agreed Cash Adjustments $ -- $ -- --
Less: Interest $ -- $ -- --
Net Cash Flow $ 23,400 $ (9,360) (32,760)
Intercompany Transfers $ -- $ 76,055 76,055
ENDING CASH BALANCE $(466,279) $ 63,569 529,848
--------- --------- -------
</TABLE>
Source: Information reflected above was obtained from the books and records
of FPA Medical Management, Inc.
<PAGE> 11
SAN ANTONIO (GONZABA)
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999 through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
--------------------------------------------------
Projected Actual Difference
--------------------------------------------------
A B C=B-A
--------------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $ (693,500) $ -- 693,500
Cash Receipts:
Fee For Service Billings $ -- $ 57,499 57,499
Claims & Capitation $ -- $ 1,016,486 1,016,486
Reimbursement $ -- $ -- --
Medicare & Collections $ -- $ -- --
---------- ---------- -----------
TOTAL CASH RECEIPTS $ -- $ 1,073,985 1,073,985
Less: Cash Disbursements:
Employee & Physician Payroll $ 400,000 $ 630,679 230,679
Catch-up payments to Doctors $ -- $ -- --
Insurance $ -- $ 121,625 121,625
Claims & Capitation $ 100,000 $ 69,550 (30,450)
Patient Refunds $ -- $ 1,110 1,110
Rent $ -- $ 108,486 108,486
Utilities $ 27,000 $ 2,058 (24,942)
Bank Lock Box $ -- $ -- --
Medical Supply $ 100,000 $ 25,252 (74,748)
Other $ 20,000 $ 116,734 96,734
---------- ---------- -----------
Total Cash Disbursements $ 647,000 $ 1,075,494 $ 428,494
Financing Charges $ -- $ -- --
Net DIP Advance $ -- $ -- --
Net Cash Flow $ (647,000) $ (1,509) 645,491
Intercompany Transfers $ -- $ 1,509 1,509
ENDING CASH BALANCE $(1,340,500) $ -- $ 1,340,500
---------- ---------- -----------
</TABLE>
<PAGE> 12
STERLING HEALTHCARE GROUP, INC.
DIP Budget
DIP Projected vs. Actual Cash Flows
January 4, 1999 through January 29, 1999
<TABLE>
<CAPTION>
For the Period 1/4/99 to 1/29/99
------------------------------------------------------
Projected Actual Difference
------------------------------------------------------
A B C=B-A
------------------------------------------------------
<S> <C> <C> <C>
INITIAL CASH BALANCE $ 1,855,709 $ (201,248) (2,056,957)
Cash Receipts:
Fee For Service Billings $ 13,200,000 $ 9,495,642 (3,704,358)
Claims & Capitation $ -- $ -- --
Reimbursement $ -- $ -- --
Medicare & Collections $ 1,600,000 $ 1,119,332 (480,668)
------------ ------------ ----------
TOTAL CASH RECEIPTS $ 14,800,000 $ 10,614,974 (4,185,026)
Less: Cash Disbursements:
Employee & Physician Payroll $ 12,000,000 $ 11,237,127 (762,873)
Catch-up payments to Doctors $ -- $ -- --
Insurance $ 1,679,000 $ 1,528,682 (150,318)
Claims & Capitation $ -- $ -- --
Patient Refunds $ 100,000 $ 95,126 (4,874)
Rent $ 120,000 $ 116,348 (3,652)
Utilities $ 60,000 $ 15,948 (44,052)
Bank Lock Box $ -- $ -- --
Medical Supply $ -- $ -- --
Other $ 1,450,000 $ 1,197,739 (252,261)
------------ ------------ ----------
Total Cash Disbursements $ 15,409,000 $ 14,190,970 (1,218,030)
Financing Charges $ -- $ -- --
Net DIP Advance $ -- $ -- --
Net Cash Flow $ (609,000) $ (3,575,996) (2,966,996)
Intercompany Transfers $ -- $ 1,553,091 1,553,091
ENDING CASH BALANCE $ 1,246,709 $ (2,224,153) (3,470,862)
------------ ------------ ----------
</TABLE>
