cumulatively , prices in 2011 were up approximately 3 % in the automotive segment , up approximately 4 % in the industrial segment , up approximately 5 % in the electrical segment and up approximately 2 % in the office segment . automotive group net sales for the automotive group ( automotive ) were $ 6.3 billion in 2012 , an increase of 4 % from 2011. the increase in sales for the year was primarily due to the may 1 , 2012 acquisition of quaker city motor parts co. ( quaker city ) , which contributed approximately 3 % to sales . additionally , automotive achieved a positive comparable store sales increase of slightly more than 1 % . automotive sales were not materially impacted by product inflation or the effect of currency associated with our canadian and mexican businesses . in 2012 , automotive revenues were up 6 % in the first quarter , then up 4 % in the second quarter , up 2.5 % in the third quarter and up 5 % in the fourth quarter . we believe that the underlying fundamentals in the automotive aftermarket , including the overall aging of the vehicle populations , remain solid and will serve to drive increased demand for automotive aftermarket maintenance and supply items in 2013. based on these fundamentals and the internal growth initiatives in our automotive business , we expect to grow our sales for this group again in 2013 . 16 net sales for automotive were $ 6.1 billion in 2011 , an increase of 8 % from 2010. sales improved in 2011 due primarily to positive comparable stores sales growth of approximately 6 % . other factors impacting our automotive sales for the year include higher transaction value associated with product inflation , which contributed approximately 1 % , and the effect of currency associated with our canadian and mexican businesses , which positively impacted sales by approximately 1 % . automotive revenues were up 9 % in the first , second and third quarters , and were up 6 % in the fourth quarter . industrial group net sales for motion industries , our industrial group ( industrial ) , were $ 4.5 billion in 2012 , an increase of 7 % compared to 2011. the positive impact of their internal sales initiatives , which drove higher sales volume , contributed 5 % to sales . higher transaction values in 2012 associated with product inflation added another 2 % to sales . there was no material impact on sales from acquisitions and no effect of currency associated with our canadian business , as in the prior year . the relative steadiness in the manufacturing sector of the economy served by industrial was evidenced by sustained levels of manufacturing industrial production and capacity utilization for the year , overall , which this group tends to track . these indices did , however , show some slowing over the second half of 2012 relative to the first half . consistent with this trend , industrial revenues were up 12 % in the first quarter of 2012 , up 8 % in the second quarter , then up 4.5 % and 2 % in the third and fourth quarters , respectively . we anticipate a stable manufacturing environment in the near term and this will provide us opportunities to grow our industrial business in 2013. net sales for industrial , were $ 4.2 billion in 2011 , an increase of 19 % compared to 2010. factors contributing to the sales increase for this group include the positive impact of their internal sales initiatives , which drove sales volumes up approximately 11 % . also in 2011 , sales were positively impacted by higher transaction values associated with product inflation of approximately 4 % , acquisitions , which accounted for approximately 3 % of industrial 's sales growth for the year and the effect of currency associated with our canadian business , which positively impacted sales by less than 1 % . industrial revenues were up 24 % in the first quarter of 2011 , up 19 % in the second quarter , then up 18 % and 13 % in the third and fourth quarters , respectively . office group net sales for s. p. richards , our office products group ( office ) , were $ 1.7 billion in 2012 , flat with revenues in 2011. the industry-wide slowdown in office products consumption , which continues to pressure this segment , reflects the ongoing elevated levels of white collar unemployment , which the industry tends to track . in addition , other industry trends such as the declining demand for paper and paper based office products are negatively impacting the office products industry . overall , sales volume in office declined by 3 % for the year , offset by higher transaction values associated with price inflation of approximately 3 % . sales decreased by 1 % in the first , second and third quarters , and were up 3 % in the fourth quarter of 2012. we expect to improve our sales volumes in 2013 , as the economy recovers further and white collar unemployment declines . net sales for office were $ 1.7 billion in 2011 , up 3 % from 2010. office revenues began to stabilize in 2010 relative to prior year trends , and this group was able to make further progress in 2011. higher transaction values due to product inflation of approximately 2 % contributed to our sales growth . story_separator_special_tag management believes the following critical accounting policies reflect its most significant estimates and assumptions used in the preparation of the consolidated financial statements . for further information on the critical accounting policies , see note 1 of the consolidated financial statements , including our revised interpretation relating to accounting for potential sales returns of automotive parts . 23 inventories  provisions for slow moving and obsolescence the company identifies slow moving or obsolete inventories and estimates appropriate loss provisions related thereto . historically , these loss provisions have not been significant as the vast majority of the company 's inventories are not highly susceptible to obsolescence and are eligible for return under various vendor return programs . while the company has no reason to believe its inventory return privileges will be discontinued in the future , its risk of loss associated with obsolete or slow moving inventories would increase if such were to occur . allowance for doubtful accounts  methodology the company evaluates the collectability of accounts receivable based on a combination of factors . initially , the company estimates an allowance for doubtful accounts as a percentage of net sales based on historical bad debt experience . this initial estimate is periodically adjusted when the company becomes aware of a specific customer 's inability to meet its financial obligations ( e.g . , bankruptcy filing ) or as a result of changes in the overall aging of accounts receivable . while the company has a large customer base that is geographically dispersed , a general economic downturn in any of the industry segments in which the company operates could result in higher than expected defaults and , therefore , the need to revise estimates for bad debts . for the years ended december 31 , 2012 , 2011 and 2010 , the company recorded provisions for doubtful accounts of $ 8.0 million , $ 13.2 million , and $ 10.6 million , respectively . consideration received from vendors the company enters into agreements at the beginning of each year with many of its vendors that provide for inventory purchase incentives . generally , the company earns inventory purchase incentives upon achieving specified volume purchasing levels or other criteria . the company accrues for the receipt of these incentives as part of its inventory cost based on cumulative purchases of inventory to date and projected inventory purchases through the end of the year . while management believes the company will continue to receive consideration from vendors in 2013 and beyond , there can be no assurance that vendors will continue to provide comparable amounts of incentives in the future or that we will be able to achieve the specified volumes necessary to take advantage of such incentives . impairment of property , plant and equipment and goodwill and other intangible assets at least annually , the company evaluates property , plant and equipment , goodwill and other intangible assets for potential impairment indicators . the company 's judgments regarding the existence of impairment indicators are based on market conditions and operational performance , among other factors . future events could cause the company to conclude that impairment indicators exist and that assets associated with a particular operation are impaired . evaluating for impairment also requires the company to estimate future operating results and cash flows which require judgment by management . any resulting impairment loss could have a material adverse impact on the company 's financial condition and results of operations . employee benefit plans the company 's benefit plan committees in the u.s. and canada establish investment policies and strategies and regularly monitor the performance of the company 's pension plan assets . the pension plan investment strategy implemented by the company 's management is to achieve long-term objectives and invest the pension assets in accordance with the applicable pension legislation in the u.s. and canada , as well as fiduciary standards . the long-term primary objectives for the pension plan funds are to provide for a reasonable amount of long-term growth of capital without undue exposure to risk , protect the assets from erosion of purchasing power and provide investment results that meet or exceed the pension plan 's actuarially assumed long term rate of return . the company 's investment strategy with respect to pension plan assets is to generate a return in excess of the passive portfolio benchmark ( 49 % s & p 500 index , 5 % russell mid cap index , 8 % russell 2000 index , 5 % msci eafe index , 5 % dj global moderate index and 28 % barcap u.s. govt/credit ) . 24 we make several critical assumptions in determining our pension plan liabilities and related pension expense . we believe the most critical of these assumptions are the expected rate of return on plan assets and the discount rate . other assumptions we make relate to employee demographic factors such as rate of compensation increases , mortality rates , retirement patterns and turnover rates . based on the investment policy for the pension plans , as well as an asset study that was performed based on the company 's asset allocations and future expectations , the company 's expected rate of return on plan assets for measuring 2013 pension expense or income is 7.83 % for the plans . the asset study forecasted expected rates of return for the approximate duration of the company 's benefit obligations , using capital market data and historical relationships . the discount rate is chosen as the rate at which pension obligations could be effectively settled and is based on capital market conditions as of the measurement date . we have matched the timing and duration of the expected cash flows of our pension obligations to a yield curve generated from a broad portfolio of high-quality fixed income debt instruments to select our discount rate . based upon this cash flow matching analysis , we selected a weighted average discount

liquidity and capital resources the company 's sources of capital consist primarily of cash flows from operations , supplemented as necessary by private issuances of debt and bank borrowings . we have $ 500 million of total debt outstanding at 20 december 31 , 2012 , of which $ 250 million matures in november 2013 and $ 250 million matures in november 2016. in addition , the company entered into a syndicated facility agreement ( the syndicated facility ) for $ 850 million in september 2012 , which replaced the $ 350 million unsecured revolving line of credit that was scheduled to mature in december 2012. no amounts were outstanding under the syndicated facility or line of credit at december 31 , 2012 and 2011 , respectively . the capital and credit markets were volatile over the last few years , although these conditions did not materially impact our access to these markets . currently , we believe that our cash on hand and available short-term and long-term sources of capital are sufficient to fund the company 's operations , including working capital requirements , scheduled debt payments , interest payments , capital expenditures , benefit plan contributions , income tax obligations , dividends , share repurchases and contemplated acquisitions . the ratio of current assets to current liabilities was 1.9 to 1 at december 31 , 2012 , and , before consideration of current debt outstanding at december 31 , 2012 , the ratio of current assets to current liabilities was 2.2 to 1. this compares to 2.4 to 1 at december 31 , 2011. our liquidity position remains solid .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources the company 's sources of capital consist primarily of cash flows from operations , supplemented as necessary by private issuances of debt and bank borrowings . we have $ 500 million of total debt outstanding at 20 december 31 , 2012 , of which $ 250 million matures in november 2013 and $ 250 million matures in november 2016. in addition , the company entered into a syndicated facility agreement ( the syndicated facility ) for $ 850 million in september 2012 , which replaced the $ 350 million unsecured revolving line of credit that was scheduled to mature in december 2012. no amounts were outstanding under the syndicated facility or line of credit at december 31 , 2012 and 2011 , respectively . the capital and credit markets were volatile over the last few years , although these conditions did not materially impact our access to these markets . currently , we believe that our cash on hand and available short-term and long-term sources of capital are sufficient to fund the company 's operations , including working capital requirements , scheduled debt payments , interest payments , capital expenditures , benefit plan contributions , income tax obligations , dividends , share repurchases and contemplated acquisitions . the ratio of current assets to current liabilities was 1.9 to 1 at december 31 , 2012 , and , before consideration of current debt outstanding at december 31 , 2012 , the ratio of current assets to current liabilities was 2.2 to 1. this compares to 2.4 to 1 at december 31 , 2011. our liquidity position remains solid .
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 Suspicious Activity Report : cumulatively , prices in 2011 were up approximately 3 % in the automotive segment , up approximately 4 % in the industrial segment , up approximately 5 % in the electrical segment and up approximately 2 % in the office segment . automotive group net sales for the automotive group ( automotive ) were $ 6.3 billion in 2012 , an increase of 4 % from 2011. the increase in sales for the year was primarily due to the may 1 , 2012 acquisition of quaker city motor parts co. ( quaker city ) , which contributed approximately 3 % to sales . additionally , automotive achieved a positive comparable store sales increase of slightly more than 1 % . automotive sales were not materially impacted by product inflation or the effect of currency associated with our canadian and mexican businesses . in 2012 , automotive revenues were up 6 % in the first quarter , then up 4 % in the second quarter , up 2.5 % in the third quarter and up 5 % in the fourth quarter . we believe that the underlying fundamentals in the automotive aftermarket , including the overall aging of the vehicle populations , remain solid and will serve to drive increased demand for automotive aftermarket maintenance and supply items in 2013. based on these fundamentals and the internal growth initiatives in our automotive business , we expect to grow our sales for this group again in 2013 . 16 net sales for automotive were $ 6.1 billion in 2011 , an increase of 8 % from 2010. sales improved in 2011 due primarily to positive comparable stores sales growth of approximately 6 % . other factors impacting our automotive sales for the year include higher transaction value associated with product inflation , which contributed approximately 1 % , and the effect of currency associated with our canadian and mexican businesses , which positively impacted sales by approximately 1 % . automotive revenues were up 9 % in the first , second and third quarters , and were up 6 % in the fourth quarter . industrial group net sales for motion industries , our industrial group ( industrial ) , were $ 4.5 billion in 2012 , an increase of 7 % compared to 2011. the positive impact of their internal sales initiatives , which drove higher sales volume , contributed 5 % to sales . higher transaction values in 2012 associated with product inflation added another 2 % to sales . there was no material impact on sales from acquisitions and no effect of currency associated with our canadian business , as in the prior year . the relative steadiness in the manufacturing sector of the economy served by industrial was evidenced by sustained levels of manufacturing industrial production and capacity utilization for the year , overall , which this group tends to track . these indices did , however , show some slowing over the second half of 2012 relative to the first half . consistent with this trend , industrial revenues were up 12 % in the first quarter of 2012 , up 8 % in the second quarter , then up 4.5 % and 2 % in the third and fourth quarters , respectively . we anticipate a stable manufacturing environment in the near term and this will provide us opportunities to grow our industrial business in 2013. net sales for industrial , were $ 4.2 billion in 2011 , an increase of 19 % compared to 2010. factors contributing to the sales increase for this group include the positive impact of their internal sales initiatives , which drove sales volumes up approximately 11 % . also in 2011 , sales were positively impacted by higher transaction values associated with product inflation of approximately 4 % , acquisitions , which accounted for approximately 3 % of industrial 's sales growth for the year and the effect of currency associated with our canadian business , which positively impacted sales by less than 1 % . industrial revenues were up 24 % in the first quarter of 2011 , up 19 % in the second quarter , then up 18 % and 13 % in the third and fourth quarters , respectively . office group net sales for s. p. richards , our office products group ( office ) , were $ 1.7 billion in 2012 , flat with revenues in 2011. the industry-wide slowdown in office products consumption , which continues to pressure this segment , reflects the ongoing elevated levels of white collar unemployment , which the industry tends to track . in addition , other industry trends such as the declining demand for paper and paper based office products are negatively impacting the office products industry . overall , sales volume in office declined by 3 % for the year , offset by higher transaction values associated with price inflation of approximately 3 % . sales decreased by 1 % in the first , second and third quarters , and were up 3 % in the fourth quarter of 2012. we expect to improve our sales volumes in 2013 , as the economy recovers further and white collar unemployment declines . net sales for office were $ 1.7 billion in 2011 , up 3 % from 2010. office revenues began to stabilize in 2010 relative to prior year trends , and this group was able to make further progress in 2011. higher transaction values due to product inflation of approximately 2 % contributed to our sales growth . story_separator_special_tag management believes the following critical accounting policies reflect its most significant estimates and assumptions used in the preparation of the consolidated financial statements . for further information on the critical accounting policies , see note 1 of the consolidated financial statements , including our revised interpretation relating to accounting for potential sales returns of automotive parts . 23 inventories  provisions for slow moving and obsolescence the company identifies slow moving or obsolete inventories and estimates appropriate loss provisions related thereto . historically , these loss provisions have not been significant as the vast majority of the company 's inventories are not highly susceptible to obsolescence and are eligible for return under various vendor return programs . while the company has no reason to believe its inventory return privileges will be discontinued in the future , its risk of loss associated with obsolete or slow moving inventories would increase if such were to occur . allowance for doubtful accounts  methodology the company evaluates the collectability of accounts receivable based on a combination of factors . initially , the company estimates an allowance for doubtful accounts as a percentage of net sales based on historical bad debt experience . this initial estimate is periodically adjusted when the company becomes aware of a specific customer 's inability to meet its financial obligations ( e.g . , bankruptcy filing ) or as a result of changes in the overall aging of accounts receivable . while the company has a large customer base that is geographically dispersed , a general economic downturn in any of the industry segments in which the company operates could result in higher than expected defaults and , therefore , the need to revise estimates for bad debts . for the years ended december 31 , 2012 , 2011 and 2010 , the company recorded provisions for doubtful accounts of $ 8.0 million , $ 13.2 million , and $ 10.6 million , respectively . consideration received from vendors the company enters into agreements at the beginning of each year with many of its vendors that provide for inventory purchase incentives . generally , the company earns inventory purchase incentives upon achieving specified volume purchasing levels or other criteria . the company accrues for the receipt of these incentives as part of its inventory cost based on cumulative purchases of inventory to date and projected inventory purchases through the end of the year . while management believes the company will continue to receive consideration from vendors in 2013 and beyond , there can be no assurance that vendors will continue to provide comparable amounts of incentives in the future or that we will be able to achieve the specified volumes necessary to take advantage of such incentives . impairment of property , plant and equipment and goodwill and other intangible assets at least annually , the company evaluates property , plant and equipment , goodwill and other intangible assets for potential impairment indicators . the company 's judgments regarding the existence of impairment indicators are based on market conditions and operational performance , among other factors . future events could cause the company to conclude that impairment indicators exist and that assets associated with a particular operation are impaired . evaluating for impairment also requires the company to estimate future operating results and cash flows which require judgment by management . any resulting impairment loss could have a material adverse impact on the company 's financial condition and results of operations . employee benefit plans the company 's benefit plan committees in the u.s. and canada establish investment policies and strategies and regularly monitor the performance of the company 's pension plan assets . the pension plan investment strategy implemented by the company 's management is to achieve long-term objectives and invest the pension assets in accordance with the applicable pension legislation in the u.s. and canada , as well as fiduciary standards . the long-term primary objectives for the pension plan funds are to provide for a reasonable amount of long-term growth of capital without undue exposure to risk , protect the assets from erosion of purchasing power and provide investment results that meet or exceed the pension plan 's actuarially assumed long term rate of return . the company 's investment strategy with respect to pension plan assets is to generate a return in excess of the passive portfolio benchmark ( 49 % s & p 500 index , 5 % russell mid cap index , 8 % russell 2000 index , 5 % msci eafe index , 5 % dj global moderate index and 28 % barcap u.s. govt/credit ) . 24 we make several critical assumptions in determining our pension plan liabilities and related pension expense . we believe the most critical of these assumptions are the expected rate of return on plan assets and the discount rate . other assumptions we make relate to employee demographic factors such as rate of compensation increases , mortality rates , retirement patterns and turnover rates . based on the investment policy for the pension plans , as well as an asset study that was performed based on the company 's asset allocations and future expectations , the company 's expected rate of return on plan assets for measuring 2013 pension expense or income is 7.83 % for the plans . the asset study forecasted expected rates of return for the approximate duration of the company 's benefit obligations , using capital market data and historical relationships . the discount rate is chosen as the rate at which pension obligations could be effectively settled and is based on capital market conditions as of the measurement date . we have matched the timing and duration of the expected cash flows of our pension obligations to a yield curve generated from a broad portfolio of high-quality fixed income debt instruments to select our discount rate . based upon this cash flow matching analysis , we selected a weighted average discount

