Jumps and returns

What is the output of this code?

for (i in 1..3) {
    if (i == 1)
        continue
    print(1)
    loop@ for (j in 1..2) {
        for (k in 1..2) {
            if (i == 2 || j == 3) break@loop
            print(2)
        }
        if (j == 1) return
        print(3)
    }
}