|
Consolidating financial statements (Tables)
|
3 Months Ended |
|
Mar. 31, 2015
|
| Organization Consolidation And Presentation Of Financial Statements [Abstract] |
|
| Consolidating Statements of Income |
Condensed Consolidating Statements of Income
|
|
|
DaVita |
|
|
|
|
|
|
Non- |
|
|
|
|
|
|
|
|
|
|
|
|
HealthCare |
|
|
Guarantor |
|
|
Guarantor |
|
|
Consolidating |
|
|
Consolidated |
|
|
For the three months ended March 31, 2015 |
|
Partners Inc. |
|
|
subsidiaries |
|
|
subsidiaries |
|
|
adjustments |
|
|
total |
|
|
Patient service revenues |
|
$ |
— |
|
|
$ |
1,581,959 |
|
|
$ |
723,843 |
|
|
$ |
(33,987 |
) |
|
$ |
2,271,815 |
|
|
Less: Provision for uncollectible accounts |
|
|
— |
|
|
|
(64,077 |
) |
|
|
(35,087 |
) |
|
|
— |
|
|
|
(99,164 |
) |
|
Net patient service revenues |
|
|
— |
|
|
|
1,517,882 |
|
|
|
688,756 |
|
|
|
(33,987 |
) |
|
|
2,172,651 |
|
|
Capitated revenues |
|
|
— |
|
|
|
447,338 |
|
|
|
403,124 |
|
|
|
53 |
|
|
|
850,515 |
|
|
Other revenues |
|
|
168,265 |
|
|
|
411,028 |
|
|
|
6,312 |
|
|
|
(320,806 |
) |
|
|
264,799 |
|
|
Total net revenues |
|
|
168,265 |
|
|
|
2,376,248 |
|
|
|
1,098,192 |
|
|
|
(354,740 |
) |
|
|
3,287,965 |
|
|
Operating expenses |
|
|
123,769 |
|
|
|
2,597,953 |
|
|
|
985,139 |
|
|
|
(354,740 |
) |
|
|
3,352,121 |
|
|
Operating income (loss) |
|
|
44,496 |
|
|
|
(221,705 |
) |
|
|
113,053 |
|
|
|
— |
|
|
|
(64,156 |
) |
|
Debt expense, including debt refinancing charges |
|
|
(95,478 |
) |
|
|
(85,783 |
) |
|
|
(9,286 |
) |
|
|
93,155 |
|
|
|
(97,392 |
) |
|
Other income (loss) |
|
|
91,023 |
|
|
|
53 |
|
|
|
1,546 |
|
|
|
(93,155 |
) |
|
|
(533 |
) |
|
Income tax expense (benefit) |
|
|
17,514 |
|
|
|
(129,235 |
) |
|
|
25,788 |
|
|
|
— |
|
|
|
(85,933 |
) |
|
Equity (loss) earnings in subsidiaries |
|
|
(133,144 |
) |
|
|
45,056 |
|
|
|
— |
|
|
|
88,088 |
|
|
|
— |
|
|
Net income |
|
|
(110,617 |
) |
|
|
(133,144 |
) |
|
|
79,525 |
|
|
|
88,088 |
|
|
|
(76,148 |
) |
|
Less: Net income attributable to noncontrolling interests |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(34,469 |
) |
|
|
(34,469 |
) |
|
Net (loss) income attributable to DaVita HealthCare
Partners Inc. |
|
$ |
(110,617 |
) |
|
$ |
(133,144 |
) |
|
$ |
79,525 |
|
|
$ |
53,619 |
|
|
$ |
(110,617 |
) |
|
|
|
DaVita |
|
|
|
|
|
|
Non- |
|
|
|
|
|
|
|
|
|
|
|
|
HealthCare |
|
|
Guarantor |
|
|
Guarantor |
|
|
Consolidating |
|
|
Consolidated |
|
|
For the three months ended March 31, 2014 |
|
Partners Inc. |
|
|
subsidiaries |
|
|
subsidiaries |
|
|
adjustments |
|
|
total |
|
|
Patient service revenues |
|
$ |
— |
|
|
$ |
1,513,748 |
|
|
$ |
598,887 |
|
|
$ |
1,463 |
|
|
$ |
2,114,098 |
|
|
Less: Provision for uncollectible accounts |
|
|
— |
|
|
|
(49,906 |
) |
|
|
(33,291 |
) |
|
|
— |
|
|
|
(83,197 |
) |
|
Net patient service revenues |
|
|
— |
|
|
|
1,463,842 |
|
|
|
565,596 |
|
|
|
1,463 |
|
|
|
2,030,901 |
|
|
Capitated revenues |
|
|
— |
|
|
|
697,081 |
|
|
|
366,129 |
|
|
|
(275,645 |
) |
|
|
787,565 |
|
|
Other revenues |
|
|
163,043 |
|
|
|
393,304 |
|
|
|
32,291 |
|
|
|
(364,328 |
) |
|
|
224,310 |
|
|
Total net revenues |
|
|
163,043 |
|
|
|
2,554,227 |
|
|
|
964,016 |
|
|
|
(638,510 |
) |
|
|
3,042,776 |
|
|
Operating expenses |
|
|
112,297 |
|
|
|
2,259,571 |
|
|
|
868,193 |
|
|
|
(638,510 |
) |
|
|
2,601,551 |
|
|
Operating income |
|
|
50,746 |
|
|
|
294,656 |
|
|
|
95,823 |
|
|
|
— |
|
|
|
441,225 |
|
|
Debt expense |
|
|
(105,283 |
) |
|
|
(91,437 |
) |
|
|
(9,739 |
) |
|
|
100,124 |
|
|
|
(106,335 |
) |
|
Other income (expense) |
|
|
99,943 |
|
|
|
1,556 |
|
|
|
323 |
|
|
|
(100,124 |
) |
|
|
1,698 |
|
|
Income tax expense |
|
|
18,389 |
|
|
|
104,030 |
|
|
|
2,432 |
|
|
|
— |
|
|
|
124,851 |
|
|
Equity earnings in subsidiaries |
|
|
156,272 |
|
|
|
55,527 |
|
|
|
— |
|
|
|
(211,799 |
) |
|
|
— |
|
|
Net income |
|
|
183,289 |
|
|
|
156,272 |
|
|
|
83,975 |
|
|
|
(211,799 |
) |
|
|
211,737 |
|
|
Less: Net income attributable to noncontrolling interests |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(28,448 |
) |
|
|
(28,448 |
) |
|
Net income attributable to DaVita HealthCare
Partners Inc. |
|
$ |
183,289 |
|
|
$ |
156,272 |
|
|
$ |
83,975 |
|
|
$ |
(240,247 |
) |
|
$ |
183,289 |
|
|
| Consolidating Statements of Comprehensive Income |
Condensed Consolidating Statements of Comprehensive Income
|
|
|
DaVita |
|
|
|
|
|
|
Non- |
|
|
|
|
|
|
|
|
|
|
|
|
HealthCare |
|
|
Guarantor |
|
|
Guarantor |
|
|
Consolidating |
|
|
Consolidated |
|
|
For the three months ended March 31, 2015 |
|
Partners Inc. |
|
|
subsidiaries |
|
|
subsidiaries |
|
|
adjustments |
|
|
total |
|
|
Net (loss) income |
|
$ |
(110,617 |
) |
|
$ |
(133,144 |
) |
|
$ |
79,525 |
|
|
$ |
88,088 |
|
|
$ |
(76,148 |
) |
|
Other comprehensive loss |
|
|
(4,723 |
) |
|
|
— |
|
|
|
(17,885 |
) |
|
|
— |
|
|
|
(22,608 |
) |
|
Total comprehensive (loss) income |
|
|
(115,340 |
) |
|
|
(133,144 |
) |
|
|
61,640 |
|
|
|
88,088 |
|
|
|
(98,756 |
) |
|
Less: comprehensive income attributable to the
noncontrolling interests |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(34,469 |
) |
|
|
(34,469 |
) |
|
Comprehensive (loss) income attributable to DaVita
HealthCare Partners Inc. |
|
$ |
(115,340 |
) |
|
$ |
(133,144 |
) |
|
$ |
61,640 |
|
|
$ |
53,619 |
|
|
$ |
(133,225 |
) |
|
|
|
DaVita |
|
|
|
|
|
|
Non- |
|
|
|
|
|
|
|
|
|
|
|
|
HealthCare |
|
|
Guarantor |
|
|
Guarantor |
|
|
Consolidating |
|
|
Consolidated |
|
|
For the three months ended March 31, 2014 |
|
Partners Inc. |
|
|
subsidiaries |
|
|
subsidiaries |
|
|
adjustments |
|
|
total |
|
|
Net income |
|
$ |
183,289 |
|
|
$ |
156,272 |
|
|
$ |
83,975 |
|
|
$ |
(211,799 |
) |
|
$ |
211,737 |
|
|
Other comprehensive loss |
|
|
978 |
|
|
|
— |
|
|
|
28 |
|
|
|
— |
|
|
|
1,006 |
|
|
Total comprehensive income |
|
|
184,267 |
|
|
|
156,272 |
|
|
|
84,003 |
|
|
|
(211,799 |
) |
|
|
212,743 |
|
|
Less: comprehensive income attributable to
the noncontrolling interests |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(28,448 |
) |
|
|
(28,448 |
) |
|
Comprehensive income attributable to DaVita
HealthCare Partners Inc. |
|
$ |
184,267 |
|
|
$ |
156,272 |
|
|
$ |
84,003 |
|
|
$ |
(240,247 |
) |
|
$ |
184,295 |
|
|
| Consolidating Balance Sheets |
Condensed Consolidating Balance Sheets
|
|
|
DaVita |
|
|
|
|
|
|
Non- |
|
|
|
|
|
|
|
|
|
|
|
|
HealthCare |
|
|
Guarantor |
|
|
Guarantor |
|
|
Consolidating |
|
|
Consolidated |
|
|
As of March 31, 2015 |
|
Partners Inc. |
|
|
subsidiaries |
|
|
subsidiaries |
|
|
adjustments |
|
|
total |
|
|
Cash and cash equivalents |
|
$ |
753,870 |
|
|
$ |
62,441 |
|
|
$ |
194,960 |
|
|
$ |
— |
|
|
$ |
1,011,271 |
|
|
Accounts receivable, net |
|
|
— |
|
|
|
1,031,229 |
|
|
|
643,953 |
|
|
|
— |
|
|
|
1,675,182 |
|
|
Other current assets |
|
|
437,483 |
|
|
|
1,089,920 |
|
|
|
86,939 |
|
|
|
— |
|
|
|
1,614,342 |
|
|
Total current assets |
|
|
1,191,353 |
|
|
|
2,183,590 |
|
|
|
925,852 |
|
|
|
— |
|
|
|
4,300,795 |
|
|
Property and equipment, net |
|
|
192,134 |
|
|
|
1,465,221 |
|
|
|
843,241 |
|
|
|
— |
|
|
|
2,500,596 |
|
|
Amortizable intangibles, net |
|
|
81,967 |
|
|
|
1,770,574 |
|
|
|
51,635 |
|
|
|
— |
|
|
|
1,904,176 |
|
|
Investments in subsidiaries |
|
|
8,564,454 |
|
|
|
1,562,768 |
|
|
|
— |
|
|
|
(10,127,222 |
) |
|
|
— |
|
|
Intercompany receivables |
|
|
3,724,255 |
|
|
|
— |
|
|
|
587,512 |
|
|
|
(4,311,767 |
) |
|
|
— |
|
|
Other long-term assets and investments |
|
|
63,795 |
|
|
|
57,381 |
|
|
|
108,530 |
|
|
|
— |
|
|
|
229,706 |
|
|
Goodwill |
|
|
— |
|
|
|
7,959,443 |
|
|
|
1,471,947 |
|
|
|
— |
|
|
|
9,431,390 |
|
|
Total assets |
|
$ |
13,817,958 |
|
|
$ |
14,998,977 |
|
|
$ |
3,988,717 |
|
|
$ |
(14,438,989 |
) |
|
$ |
18,366,663 |
|
|
Current liabilities |
|
|
195,486 |
|
|
|
2,057,807 |
|
|
|
426,223 |
|
|
|
— |
|
|
|
2,679,516 |
|
|
Intercompany payables |
|
|
— |
|
|
|
3,044,212 |
|
|
|
1,267,555 |
|
|
|
(4,311,767 |
) |
|
|
— |
|
|
Long-term debt and other long-term liabilities |
|
|
8,106,169 |
|
|
|
1,332,504 |
|
|
|
229,368 |
|
|
|
— |
|
|
|
9,668,041 |
|
|
Noncontrolling interests subject to put provisions |
|
|
544,893 |
|
|
|
— |
|
|
|
— |
|
|
|
303,499 |
|
|
|
848,392 |
|
|
Total DaVita HealthCare Partners Inc. shareholders’ equity |
|
|
4,971,410 |
|
|
|
8,564,454 |
|
|
|
1,562,768 |
|
|
|
(10,127,222 |
) |
|
|
4,971,410 |
|
|
Noncontrolling interests not subject to put provisions |
|
|
— |
|
|
|
— |
|
|
|
502,803 |
|
|
|
(303,499 |
) |
|
|
199,304 |
|
|
Total equity |
|
|
4,971,410 |
|
|
|
8,564,454 |
|
|
|
2,065,571 |
|
|
|
(10,430,721 |
) |
|
|
5,170,714 |
|
|
Total liabilities and equity |
|
$ |
13,817,958 |
|
|
$ |
14,998,977 |
|
|
$ |
3,988,717 |
|
|
$ |
(14,438,989 |
) |
|
$ |
18,366,663 |
|
|
|
|
DaVita |
|
|
|
|
|
|
Non- |
|
|
|
|
|
|
|
|
|
|
|
|
HealthCare |
|
|
Guarantor |
|
|
Guarantor |
|
|
Consolidating |
|
|
Consolidated |
|
|
As of December 31, 2014 |
|
Partners Inc. |
|
|
subsidiaries |
|
|
subsidiaries |
|
|
adjustments |
|
|
total |
|
|
Cash and cash equivalents |
|
$ |
698,876 |
|
|
$ |
77,921 |
|
|
$ |
188,444 |
|
|
$ |
— |
|
|
$ |
965,241 |
|
|
Accounts receivable, net |
|
|
— |
|
|
|
915,851 |
|
|
|
609,998 |
|
|
|
— |
|
|
|
1,525,849 |
|
|
Other current assets |
|
|
362,672 |
|
|
|
930,093 |
|
|
|
92,942 |
|
|
|
— |
|
|
|
1,385,707 |
|
|
Total current assets |
|
|
1,061,548 |
|
|
|
1,923,865 |
|
|
|
891,384 |
|
|
|
— |
|
|
|
3,876,797 |
|
|
Property and equipment, net |
|
|
195,690 |
|
|
|
1,473,188 |
|
|
|
800,221 |
|
|
|
— |
|
|
|
2,469,099 |
|
|
Amortizable intangibles, net |
|
|
85,338 |
|
|
|
1,811,218 |
|
|
|
52,942 |
|
|
|
— |
|
|
|
1,949,498 |
|
|
Investments in subsidiaries |
|
|
8,868,335 |
|
|
|
1,561,195 |
|
|
|
— |
|
|
|
(10,429,530 |
) |
|
|
— |
|
|
Intercompany receivables |
|
|
3,723,454 |
|
|
|
— |
|
|
|
564,241 |
|
|
|
(4,287,695 |
) |
|
|
— |
|
|
Other long-term assets and investments |
|
|
70,309 |
|
|
|
60,385 |
|
|
|
101,332 |
|
|
|
— |
|
|
|
232,026 |
|
|
Goodwill |
|
|
— |
|
|
|
7,958,221 |
|
|
|
1,457,074 |
|
|
|
— |
|
|
|
9,415,295 |
|
|
Total assets |
|
$ |
14,004,674 |
|
|
$ |
14,788,072 |
|
|
$ |
3,867,194 |
|
|
$ |
(14,717,225 |
) |
|
$ |
17,942,715 |
|
|
Current liabilities |
|
$ |
180,977 |
|
|
$ |
1,493,243 |
|
|
$ |
414,432 |
|
|
$ |
— |
|
|
$ |
2,088,652 |
|
|
Intercompany payables |
|
|
— |
|
|
|
3,105,173 |
|
|
|
1,182,522 |
|
|
|
(4,287,695 |
) |
|
|
— |
|
|
Long-term debt and other long-term liabilities |
|
|
8,124,863 |
|
|
|
1,321,321 |
|
|
|
217,603 |
|
|
|
— |
|
|
|
9,663,787 |
|
|
Noncontrolling interests subject to put provisions |
|
|
528,321 |
|
|
|
— |
|
|
|
— |
|
|
|
301,644 |
|
|
|
829,965 |
|
|
Total DaVita HealthCare Partners Inc. shareholders’ equity |
|
|
5,170,513 |
|
|
|
8,868,335 |
|
|
|
1,561,195 |
|
|
|
(10,429,530 |
) |
|
|
5,170,513 |
|
|
Noncontrolling interests not subject to put provisions |
|
|
— |
|
|
|
— |
|
|
|
491,442 |
|
|
|
(301,644 |
) |
|
|
189,798 |
|
|
Total equity |
|
|
5,170,513 |
|
|
|
8,868,335 |
|
|
|
2,052,637 |
|
|
|
(10,731,174 |
) |
|
|
5,360,311 |
|
|
Total liabilities and equity |
|
$ |
14,004,674 |
|
|
$ |
14,788,072 |
|
|
$ |
3,867,194 |
|
|
$ |
(14,717,225 |
) |
|
$ |
17,942,715 |
|
|
| Consolidating Statements of Cash Flows |
Condensed Consolidating Statements of Cash Flows
|
|
|
DaVita |
|
|
|
|
|
|
Non- |
|
|
|
|
|
|
|
|
|
|
|
|
HealthCare |
|
|
Guarantor |
|
|
Guarantor |
|
|
Consolidating |
|
|
Consolidated |
|
|
For the three months ended March 31, 2015 |
|
Partners Inc. |
|
|
subsidiaries |
|
|
subsidiaries |
|
|
adjustments |
|
|
total |
|
|
Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net (loss) income |
|
$ |
(110,617 |
) |
|
$ |
(133,144 |
) |
|
$ |
79,525 |
|
|
$ |
88,088 |
|
|
$ |
(76,148 |
) |
|
Changes in operating assets and liabilities and non-cash
items included in net income |
|
|
154,352 |
|
|
|
410,880 |
|
|
|
9,093 |
|
|
|
(88,088 |
) |
|
|
486,237 |
|
|
Net cash provided by operating activities |
|
|
43,735 |
|
|
|
277,736 |
|
|
|
88,618 |
|
|
|
— |
|
|
|
410,089 |
|
|
Cash flows from investing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Additions of property and equipment, net |
|
|
(6,230 |
) |
|
|
(48,802 |
) |
|
|
(66,389 |
) |
|
|
— |
|
|
|
(121,421 |
) |
|
Acquisitions |
|
|
— |
|
|
|
(40,018 |
) |
|
|
(632 |
) |
|
|
— |
|
|
|
(40,650 |
) |
|
Proceeds from asset and business sales |
|
|
— |
|
|
|
2,565 |
|
|
|
— |
|
|
|
— |
|
|
|
2,565 |
|
|
Purchases/proceeds from investment sales and other items |
|
|
(84,640 |
) |
|
|
(537 |
) |
|
|
(7,604 |
) |
|
|
— |
|
|
|
(92,781 |
) |
|
Net cash used in investing activities |
|
|
(90,870 |
) |
|
|
(86,792 |
) |
|
|
(74,625 |
) |
|
|
— |
|
|
|
(252,287 |
) |
|
Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt and related financing costs, net |
|
|
(21,250 |
) |
|
|
(3,620 |
) |
|
|
(3,569 |
) |
|
|
— |
|
|
|
(28,439 |
) |
|
Intercompany borrowing |
|
|
180,207 |
|
|
|
(202,804 |
) |
|
|
22,597 |
|
|
|
— |
|
|
|
— |
|
|
Other items |
|
|
(56,828 |
) |
|
|
— |
|
|
|
(25,601 |
) |
|
|
— |
|
|
|
(82,429 |
) |
|
Net cash provided by (used in) financing activities |
|
|
102,129 |
|
|
|
(206,424 |
) |
|
|
(6,573 |
) |
|
|
— |
|
|
|
(110,868 |
) |
|
Effect of exchange rate changes on cash |
|
|
— |
|
|
|
— |
|
|
|
(904 |
) |
|
|
— |
|
|
|
(904 |
) |
|
Net increase (decrease) in cash and cash equivalents |
|
|
54,994 |
|
|
|
(15,480 |
) |
|
|
6,516 |
|
|
|
— |
|
|
|
46,030 |
|
|
Cash and cash equivalents at beginning of period |
|
|
698,876 |
|
|
|
77,921 |
|
|
|
188,444 |
|
|
|
— |
|
|
|
965,241 |
|
|
Cash and cash equivalents at end of period |
|
$ |
753,870 |
|
|
$ |
62,441 |
|
|
$ |
194,960 |
|
|
$ |
— |
|
|
$ |
1,011,271 |
|
|
|
|
DaVita |
|
|
|
|
|
|
Non- |
|
|
|
|
|
|
|
|
|
|
|
|
HealthCare |
|
|
Guarantor |
|
|
Guarantor |
|
|
Consolidating |
|
|
Consolidated |
|
|
For the three months ended March 31, 2014 |
|
Partners Inc. |
|
|
subsidiaries |
|
|
subsidiaries |
|
|
adjustments |
|
|
total |
|
|
Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
$ |
183,289 |
|
|
$ |
156,272 |
|
|
$ |
83,975 |
|
|
$ |
(211,799 |
) |
|
$ |
211,737 |
|
|
Changes in operating assets and liabilities and non-cash
items included in net income |
|
|
(28,933 |
) |
|
|
(2,155 |
) |
|
|
26,659 |
|
|
|
211,799 |
|
|
|
207,370 |
|
|
Net cash provided by operating activities |
|
|
154,356 |
|
|
|
154,117 |
|
|
|
110,634 |
|
|
|
— |
|
|
|
419,107 |
|
|
Cash flows from investing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Additions of property and equipment, net |
|
|
(11,100 |
) |
|
|
(60,113 |
) |
|
|
(55,349 |
) |
|
|
— |
|
|
|
(126,562 |
) |
|
Acquisitions |
|
|
— |
|
|
|
(67,857 |
) |
|
|
— |
|
|
|
— |
|
|
|
(67,857 |
) |
|
Proceeds from asset sales |
|
|
— |
|
|
|
56 |
|
|
|
— |
|
|
|
— |
|
|
|
56 |
|
|
Purchases of investments and other items |
|
|
(776 |
) |
|
|
135 |
|
|
|
(789 |
) |
|
|
— |
|
|
|
(1,430 |
) |
|
Net cash used in investing activities |
|
|
(11,876 |
) |
|
|
(127,779 |
) |
|
|
(56,138 |
) |
|
|
— |
|
|
|
(195,793 |
) |
|
Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt and related financing costs, net |
|
|
(62,853 |
) |
|
|
(1,579 |
) |
|
|
(721 |
) |
|
|
— |
|
|
|
(65,153 |
) |
|
Intercompany borrowing |
|
|
90,289 |
|
|
|
(57,572 |
) |
|
|
(32,717 |
) |
|
|
— |
|
|
|
— |
|
|
Other items |
|
|
21,786 |
|
|
|
764 |
|
|
|
(19,522 |
) |
|
|
— |
|
|
|
3,028 |
|
|
Net cash provided by (used in) financing activities |
|
|
49,222 |
|
|
|
(58,387 |
) |
|
|
(52,960 |
) |
|
|
— |
|
|
|
(62,125 |
) |
|
Effect of exchange rate changes on cash |
|
|
— |
|
|
|
— |
|
|
|
631 |
|
|
|
— |
|
|
|
631 |
|
|
Net increase (decrease) in cash and cash equivalents |
|
|
191,702 |
|
|
|
(32,049 |
) |
|
|
2,167 |
|
|
|
— |
|
|
|
161,820 |
|
|
Cash and cash equivalents at beginning of period |
|
|
602,188 |
|
|
|
175,004 |
|
|
|
169,057 |
|
|
|
— |
|
|
|
946,249 |
|
|
Cash and cash equivalents at end of period |
|
$ |
793,890 |
|
|
$ |
142,955 |
|
|
$ |
171,224 |
|
|
$ |
— |
|
|
$ |
1,108,069 |
|
|