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The lower income from end of term transactions reflects a 45% decrease in the investment in leases coming to end of term during the period. Other income in fiscal 2007 will be impacted by a lower volume of leases reaching the end of term than enjoyed during the past year. Factors such as registration, special events ticket sales, fund-raising campaigns and end of term financial issues cause each department to have a few days or weeks with peak demand and very low demand the rest of the term. |
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