the spin-off and merger on july 1 , 2014 ( the `` distribution date `` ) , international paper completed the previously announced spin-off of xpedx to the international paper shareholders ( the `` spin-off `` ) , forming a new public company called veritiv . immediately following the spin-off , uwwh merged with and into veritiv ( the `` merger `` ) . prior to the distribution date , veritiv 's financial position , results of operations and cash flows consisted of only the xpedx business of international paper and were derived from international paper 's historical accounting records . the financial results of xpedx have been presented on a carve-out basis through the distribution date , while the financial results for veritiv , post spin-off , are prepared on a stand-alone basis . as such , the audited consolidated and combined financial statements as of and for the year ended december 31 , 2014 consist of the consolidated results of veritiv on a stand-alone basis for the six months ended december 31 , 2014 and the combined results of operations of xpedx for the six months ended june 30 , 2014 on a carve-out basis . the combined financial statements as of and for the year ended december 31 , 2013 consist entirely of the combined results of xpedx on a carve-out basis . for periods prior to the spin-off , the combined financial statements include expense allocations for certain functions previously provided by international paper . see note 1 of the notes to the consolidated and combined financial statements for further information . key performance measure adjusted ebitda is the primary financial performance measure veritiv uses to manage its businesses , to monitor its results of operations , to measure its performance against the abl facility and to incentivize its management . this common metric is intended to align shareholders , debt holders and management . adjusted ebitda is a non-gaap financial measure and is not an alternative to net income , operating income or any other measure prescribed by u.s. generally accepted accounting principles ( `` gaap `` ) . veritiv uses adjusted ebitda ( earnings before interest , income taxes , depreciation and amortization , restructuring charges , non-restructuring stock-based compensation expense , lifo expense ( income ) , non-restructuring asset impairment charges , non-restructuring severance charges , gain on sale of joint venture , merger and integration expenses , loss from discontinued operations , net of income taxes , fair value adjustments on the contingent liability associated with the tax receivable agreement ( `` tra `` ) and certain other adjustments ) because veritiv believes investors commonly use adjusted ebitda as a key financial metric for valuing companies such as veritiv . in addition , the credit agreement governing the abl facility ( as defined in the notes to the consolidated and combined financial statements ) permits the company to exclude these and other charges in calculating consolidated ebitda , as defined in the abl facility . the table below provides a reconciliation of veritiv 's net income ( loss ) determined in accordance with gaap to adjusted ebitda for the year ended december 31 , 2015 and on a pro forma basis for the year ended december 31 , 2014. the pro forma adjustments assume that the merger occurred on january 1 , 2014 and include unisource 's operating results from january 1 , 2014 to june 30 , 2014 as well as purchase accounting adjustments for incremental depreciation and amortization expense related to the fair value adjustments to property and equipment and identifiable intangible assets . the pro forma results do not reflect events that have occurred or may occur after the transactions , including the impact of any synergies expected to result from the merger . accordingly , the unaudited pro forma financial information is not necessarily indicative of the results of operations as they would have been had the transactions been effected on the assumed date , nor is it necessarily an indication of future operating results . 27 replace_table_token_4_th the table below provides a reconciliation of veritiv 's net income ( loss ) determined in accordance with gaap to adjusted ebitda as reported for the years ended december 31 , 2015 , 2014 and 2013 . replace_table_token_5_th 28 adjusted ebitda has limitations as an analytical tool and should not be considered in isolation or as a substitute for analysis of veritiv 's results as reported under gaap . for example , adjusted ebitda : does not reflect the company 's income tax expenses or the cash requirements to pay its taxes ; and although depreciation and amortization charges are non-cash charges , it does not reflect that the assets being depreciated and amortized will often have to be replaced in the future , and the foregoing metrics do not reflect any cash requirements for such replacements . other companies in the industry may calculate adjusted ebitda differently than veritiv does , limiting its usefulness as a comparative measure . because of these limitations , adjusted ebitda should not be considered as a measure of discretionary cash available to veritiv to invest in the growth of its business . veritiv compensates for these limitations by relying both on the company 's gaap results and by using adjusted ebitda for supplemental purposes . additionally , adjusted ebitda is not an alternative measure of financial performance under gaap and therefore should be considered in conjunction with net income and other performance measures such as operating income or net cash provided by operating activities and not as an alternative to such gaap measures . results of operations , including business segments the following discussion compares the consolidated and combined operating results of veritiv for the years ended december 31 , 2015 , 2014 and 2013 . story_separator_special_tag these improvements were partially offset by ( i ) a $ 4.2 million reduction from the decline in sales volume and ( ii ) a $ 0.1 million increase in various other expenses . comparison of the years ended december 31 , 2014 and december 31 , 2013 net sales increased due primarily to the net sales contribution of $ 325.9 million from the merger . this increase was partially offset by a 7.2 % decrease in the net sales of legacy xpedx operations , due primarily to a 6.3 % decline in volume driven by ( i ) the loss of three large customers which comprised 2.8 % of the decline in sales and ( ii ) a continued decrease in volume at existing customers due to both structural demand decline and market price decreases for the products sold by the company . adjusted ebitda increased by $ 10.8 million as a result of the merger . the change in legacy xpedx adjusted ebitda during this period was minimal . 34 packaging the table below presents selected data with respect to the packaging segment : replace_table_token_12_th the table below presents the components of the net sales change compared to the prior year : replace_table_token_13_th comparison of the years ended december 31 , 2015 and december 31 , 2014 the net sales increase is due primarily to the net sales contribution of $ 570.7 million from the merger . excluding the impact of changes in foreign currency exchange rates and the merger , net sales increased 1.5 % due to increases in corrugated and cushioning product sales . the change in shipping terms discussed previously resulted in a $ 4.9 million reduction in 2015 revenue . adjusted ebitda increased by $ 43.1 million as a result of the merger . excluding the merger , adjusted ebitda increased by $ 12.5 million due to ( i ) a $ 24.5 million improvement in product mix that was partially driven by procurement synergies , ( ii ) a $ 2.1 million decrease in distribution expenses primarily attributable to decreases in third-party freight and fuel expenses and ( iii ) a $ 2.9 million increase from the improvement in sales volume . these improvements were partially offset by ( i ) a $ 11.2 million increase in selling and administrative personnel costs which was partially attributable to a $ 3.6 million increase in commissions expense due to the change in the sales commission allocations to the segments , ( ii ) a $ 3.0 million decline due to the strengthening of the u.s. dollar and ( iii ) a $ 2.8 million increase in various other expenses . comparison of the years ended december 31 , 2014 and december 31 , 2013 net sales increased due primarily to the net sales contribution of $ 613.1 million from the merger , along with a 2.9 % increase in net sales of the legacy xpedx operations . this increase was due primarily to a 4.2 % increase in sales volume driven by higher sales at existing customers . this was partially offset by a 1.3 % unfavorable price mix variance driven primarily by growth in new business at lower margins . adjusted ebitda increased by $ 50.2 million as a result of the merger . the legacy xpedx adjusted ebitda declined by $ 11.1 million as a result of ( i ) a $ 17.3 million decline in product mix , ( ii ) an $ 8.7 million increase in distribution expenses driven by an increase in sales volume , and ( iii ) a $ 4.6 million increase in personnel expenses . these cost increases were offset by ( i ) a $ 15.1 million increase from the improvement in sales volume and ( ii ) a $ 4.4 million decline in various other expenses . 35 facility solutions the table below presents selected data with respect to the facility solutions segment . replace_table_token_14_th the table below presents the components of the net sales change compared to the prior year : replace_table_token_15_th comparison of the years ended december 31 , 2015 and december 31 , 2014 the net sales increase is due primarily to the net sales contribution of $ 288.0 million from the merger . excluding the impact of changes in foreign currency exchange rates and the merger , net sales decreased 4.2 % , primarily due to the loss of four large customers . the change in shipping terms discussed previously resulted in a $ 1.3 million reduction in 2015 revenue . adjusted ebitda increased by $ 12.3 million as a result of the merger . excluding the merger , adjusted ebitda decreased by $ 4.2 million due to ( i ) a $ 11.3 million decrease due to the reduction in sales volume , ( ii ) a $ 4.7 million increase in personnel expenses , which was partially attributable to a $ 2.9 million increase in commissions expense due to the change in the sales commission allocations to the segments and ( iii ) a $ 1.7 million increase in various other expenses . these drivers were partially offset by ( i ) an $ 8.7 million decrease in distribution expenses due to lower sales volumes and ( ii ) a $ 4.8 million increase from the improvement in product mix . comparison of the years ended december 31 , 2014 and december 31 , 2013 net sales increased due primarily to the net sales contribution of $ 322.8 million from the merger . this increase was offset by an 11.5 % decline in legacy xpedx net sales . the decline in legacy xpedx sales is primarily driven by attrition with five customers comprising 8.4 % of the decline . adjusted ebitda increased by $ 16.1 million as a result of the merger . the legacy xpedx adjusted ebitda increased by $ 3.1 million driven primarily by ( i ) a $ 10.8 million reduction in distribution expenses due to

net cash provided by operating activities decreased by $ 47.2 million compared to 2013. cash provided by operating activities in 2014 was negatively impacted by approximately $ 58.4 million of cash outflows for merger and integration expenses . investing activities 2015 compared to 2014 : for 2015 , net cash used for investing activities primarily relates to $ 29.4 million of integration-related capital expenditures and $ 15.0 million of ordinary capital expenditures . for 2014 , net cash provided by investing activities primarily relates to $ 31.8 million of net cash acquired from the merger and $ 4.8 million of proceeds from asset sales , partially offset by $ 17.2 million of capital expenditures . ordinary capital expenditures for 2016 are expected to be in the range of $ 20.0 million to $ 30.0 million , with another $ 10.0 million to $ 20.0 million of integration-related capital expenditures during 2016 . 2014 compared to 2013 : net cash provided by investing activities increased by $ 6.7 million due primarily to the net cash acquired from the merger . this increase was partially offset by higher capital expenditures and lower proceeds from sales of assets as compared to 2013. financing activities 2015 compared to 2014 : in 2015 , net repayments on the abl facility were $ 47.0 million compared to net proceeds of $ 847.8 million in 2014. borrowings on the abl facility were higher in 2014 due to funding activities associated with the spin-off and merger , including a $ 432.8 million payment to former parent and a $ 303.9 million payment to extinguish unisource 's senior credit facility . payments under capital leases and financing obligations to related party were higher in 2015 due to a full year of activity compared to six months in 2014. the net repayments on the abl facility in 2015 were funded by cash flows from operations . 37 2014 compared to 2013 : net cash provided by financing activities was $ 23.0 million compared to net cash used for financing activities of $ 76.6 million for the prior year period .


 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.
     ```net cash provided by operating activities decreased by $ 47.2 million compared to 2013. cash provided by operating activities in 2014 was negatively impacted by approximately $ 58.4 million of cash outflows for merger and integration expenses . investing activities 2015 compared to 2014 : for 2015 , net cash used for investing activities primarily relates to $ 29.4 million of integration-related capital expenditures and $ 15.0 million of ordinary capital expenditures . for 2014 , net cash provided by investing activities primarily relates to $ 31.8 million of net cash acquired from the merger and $ 4.8 million of proceeds from asset sales , partially offset by $ 17.2 million of capital expenditures . ordinary capital expenditures for 2016 are expected to be in the range of $ 20.0 million to $ 30.0 million , with another $ 10.0 million to $ 20.0 million of integration-related capital expenditures during 2016 . 2014 compared to 2013 : net cash provided by investing activities increased by $ 6.7 million due primarily to the net cash acquired from the merger . this increase was partially offset by higher capital expenditures and lower proceeds from sales of assets as compared to 2013. financing activities 2015 compared to 2014 : in 2015 , net repayments on the abl facility were $ 47.0 million compared to net proceeds of $ 847.8 million in 2014. borrowings on the abl facility were higher in 2014 due to funding activities associated with the spin-off and merger , including a $ 432.8 million payment to former parent and a $ 303.9 million payment to extinguish unisource 's senior credit facility . payments under capital leases and financing obligations to related party were higher in 2015 due to a full year of activity compared to six months in 2014. the net repayments on the abl facility in 2015 were funded by cash flows from operations . 37 2014 compared to 2013 : net cash provided by financing activities was $ 23.0 million compared to net cash used for financing activities of $ 76.6 million for the prior year period .
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 Suspicious Activity Report : the spin-off and merger on july 1 , 2014 ( the `` distribution date `` ) , international paper completed the previously announced spin-off of xpedx to the international paper shareholders ( the `` spin-off `` ) , forming a new public company called veritiv . immediately following the spin-off , uwwh merged with and into veritiv ( the `` merger `` ) . prior to the distribution date , veritiv 's financial position , results of operations and cash flows consisted of only the xpedx business of international paper and were derived from international paper 's historical accounting records . the financial results of xpedx have been presented on a carve-out basis through the distribution date , while the financial results for veritiv , post spin-off , are prepared on a stand-alone basis . as such , the audited consolidated and combined financial statements as of and for the year ended december 31 , 2014 consist of the consolidated results of veritiv on a stand-alone basis for the six months ended december 31 , 2014 and the combined results of operations of xpedx for the six months ended june 30 , 2014 on a carve-out basis . the combined financial statements as of and for the year ended december 31 , 2013 consist entirely of the combined results of xpedx on a carve-out basis . for periods prior to the spin-off , the combined financial statements include expense allocations for certain functions previously provided by international paper . see note 1 of the notes to the consolidated and combined financial statements for further information . key performance measure adjusted ebitda is the primary financial performance measure veritiv uses to manage its businesses , to monitor its results of operations , to measure its performance against the abl facility and to incentivize its management . this common metric is intended to align shareholders , debt holders and management . adjusted ebitda is a non-gaap financial measure and is not an alternative to net income , operating income or any other measure prescribed by u.s. generally accepted accounting principles ( `` gaap `` ) . veritiv uses adjusted ebitda ( earnings before interest , income taxes , depreciation and amortization , restructuring charges , non-restructuring stock-based compensation expense , lifo expense ( income ) , non-restructuring asset impairment charges , non-restructuring severance charges , gain on sale of joint venture , merger and integration expenses , loss from discontinued operations , net of income taxes , fair value adjustments on the contingent liability associated with the tax receivable agreement ( `` tra `` ) and certain other adjustments ) because veritiv believes investors commonly use adjusted ebitda as a key financial metric for valuing companies such as veritiv . in addition , the credit agreement governing the abl facility ( as defined in the notes to the consolidated and combined financial statements ) permits the company to exclude these and other charges in calculating consolidated ebitda , as defined in the abl facility . the table below provides a reconciliation of veritiv 's net income ( loss ) determined in accordance with gaap to adjusted ebitda for the year ended december 31 , 2015 and on a pro forma basis for the year ended december 31 , 2014. the pro forma adjustments assume that the merger occurred on january 1 , 2014 and include unisource 's operating results from january 1 , 2014 to june 30 , 2014 as well as purchase accounting adjustments for incremental depreciation and amortization expense related to the fair value adjustments to property and equipment and identifiable intangible assets . the pro forma results do not reflect events that have occurred or may occur after the transactions , including the impact of any synergies expected to result from the merger . accordingly , the unaudited pro forma financial information is not necessarily indicative of the results of operations as they would have been had the transactions been effected on the assumed date , nor is it necessarily an indication of future operating results . 27 replace_table_token_4_th the table below provides a reconciliation of veritiv 's net income ( loss ) determined in accordance with gaap to adjusted ebitda as reported for the years ended december 31 , 2015 , 2014 and 2013 . replace_table_token_5_th 28 adjusted ebitda has limitations as an analytical tool and should not be considered in isolation or as a substitute for analysis of veritiv 's results as reported under gaap . for example , adjusted ebitda : does not reflect the company 's income tax expenses or the cash requirements to pay its taxes ; and although depreciation and amortization charges are non-cash charges , it does not reflect that the assets being depreciated and amortized will often have to be replaced in the future , and the foregoing metrics do not reflect any cash requirements for such replacements . other companies in the industry may calculate adjusted ebitda differently than veritiv does , limiting its usefulness as a comparative measure . because of these limitations , adjusted ebitda should not be considered as a measure of discretionary cash available to veritiv to invest in the growth of its business . veritiv compensates for these limitations by relying both on the company 's gaap results and by using adjusted ebitda for supplemental purposes . additionally , adjusted ebitda is not an alternative measure of financial performance under gaap and therefore should be considered in conjunction with net income and other performance measures such as operating income or net cash provided by operating activities and not as an alternative to such gaap measures . results of operations , including business segments the following discussion compares the consolidated and combined operating results of veritiv for the years ended december 31 , 2015 , 2014 and 2013 . story_separator_special_tag these improvements were partially offset by ( i ) a $ 4.2 million reduction from the decline in sales volume and ( ii ) a $ 0.1 million increase in various other expenses . comparison of the years ended december 31 , 2014 and december 31 , 2013 net sales increased due primarily to the net sales contribution of $ 325.9 million from the merger . this increase was partially offset by a 7.2 % decrease in the net sales of legacy xpedx operations , due primarily to a 6.3 % decline in volume driven by ( i ) the loss of three large customers which comprised 2.8 % of the decline in sales and ( ii ) a continued decrease in volume at existing customers due to both structural demand decline and market price decreases for the products sold by the company . adjusted ebitda increased by $ 10.8 million as a result of the merger . the change in legacy xpedx adjusted ebitda during this period was minimal . 34 packaging the table below presents selected data with respect to the packaging segment : replace_table_token_12_th the table below presents the components of the net sales change compared to the prior year : replace_table_token_13_th comparison of the years ended december 31 , 2015 and december 31 , 2014 the net sales increase is due primarily to the net sales contribution of $ 570.7 million from the merger . excluding the impact of changes in foreign currency exchange rates and the merger , net sales increased 1.5 % due to increases in corrugated and cushioning product sales . the change in shipping terms discussed previously resulted in a $ 4.9 million reduction in 2015 revenue . adjusted ebitda increased by $ 43.1 million as a result of the merger . excluding the merger , adjusted ebitda increased by $ 12.5 million due to ( i ) a $ 24.5 million improvement in product mix that was partially driven by procurement synergies , ( ii ) a $ 2.1 million decrease in distribution expenses primarily attributable to decreases in third-party freight and fuel expenses and ( iii ) a $ 2.9 million increase from the improvement in sales volume . these improvements were partially offset by ( i ) a $ 11.2 million increase in selling and administrative personnel costs which was partially attributable to a $ 3.6 million increase in commissions expense due to the change in the sales commission allocations to the segments , ( ii ) a $ 3.0 million decline due to the strengthening of the u.s. dollar and ( iii ) a $ 2.8 million increase in various other expenses . comparison of the years ended december 31 , 2014 and december 31 , 2013 net sales increased due primarily to the net sales contribution of $ 613.1 million from the merger , along with a 2.9 % increase in net sales of the legacy xpedx operations . this increase was due primarily to a 4.2 % increase in sales volume driven by higher sales at existing customers . this was partially offset by a 1.3 % unfavorable price mix variance driven primarily by growth in new business at lower margins . adjusted ebitda increased by $ 50.2 million as a result of the merger . the legacy xpedx adjusted ebitda declined by $ 11.1 million as a result of ( i ) a $ 17.3 million decline in product mix , ( ii ) an $ 8.7 million increase in distribution expenses driven by an increase in sales volume , and ( iii ) a $ 4.6 million increase in personnel expenses . these cost increases were offset by ( i ) a $ 15.1 million increase from the improvement in sales volume and ( ii ) a $ 4.4 million decline in various other expenses . 35 facility solutions the table below presents selected data with respect to the facility solutions segment . replace_table_token_14_th the table below presents the components of the net sales change compared to the prior year : replace_table_token_15_th comparison of the years ended december 31 , 2015 and december 31 , 2014 the net sales increase is due primarily to the net sales contribution of $ 288.0 million from the merger . excluding the impact of changes in foreign currency exchange rates and the merger , net sales decreased 4.2 % , primarily due to the loss of four large customers . the change in shipping terms discussed previously resulted in a $ 1.3 million reduction in 2015 revenue . adjusted ebitda increased by $ 12.3 million as a result of the merger . excluding the merger , adjusted ebitda decreased by $ 4.2 million due to ( i ) a $ 11.3 million decrease due to the reduction in sales volume , ( ii ) a $ 4.7 million increase in personnel expenses , which was partially attributable to a $ 2.9 million increase in commissions expense due to the change in the sales commission allocations to the segments and ( iii ) a $ 1.7 million increase in various other expenses . these drivers were partially offset by ( i ) an $ 8.7 million decrease in distribution expenses due to lower sales volumes and ( ii ) a $ 4.8 million increase from the improvement in product mix . comparison of the years ended december 31 , 2014 and december 31 , 2013 net sales increased due primarily to the net sales contribution of $ 322.8 million from the merger . this increase was offset by an 11.5 % decline in legacy xpedx net sales . the decline in legacy xpedx sales is primarily driven by attrition with five customers comprising 8.4 % of the decline . adjusted ebitda increased by $ 16.1 million as a result of the merger . the legacy xpedx adjusted ebitda increased by $ 3.1 million driven primarily by ( i ) a $ 10.8 million reduction in distribution expenses due to

