&$77/(0$1¶6 &+2,&( 6$/(
,NS 7XHVGD\ 0DUFK 3 0 :DVKLQJWRQ .DQVDV
7
6(9(1
5$1&+
*
* * $1*86
:HOFRPH WR RXU WK $QQXDO 6DOH :H DS SUHFLDWH \RXU LQWHUHVW LQ RXU SURJUDP 2XU VHOHF WLRQ RI EXOOV WKLV \HDU DUH VRQV RI WKHPRVW SRSXODU DQG VRXJKW DIWHU EXOOV RI WKH $QJXV DQG 6LPPHQWDO EUHHGV &RQVLVWHQWO\ ZH KDYH $ , ¶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¶W KXUW :H LQYLWH \RX WR ORRN DW WKH SHGLJUHHV /RRN DW WKH QXPEHUV 7KHQ ORRN DW WKH EXOOV 7KHQ VHH LI \RX DJUHH WKDW WKLV LV WKH EHVW VDOH RI JHQHWLF YDOXH DQ\ZKHUH ,Q DGGLWLRQ ZH VWDQG EHKLQG WKH EXOOV 7KH %HVW *XDUDQWHH $Q\ZKHUH :H ORRN IRUZDUG WR VKRZLQJ \RX RXU RIIHULQJ RQ 0DUFK
7 6(9(1 5$1&+ -HUU\ *LOOLDP 0LNH *LOOLDP 7LP *LOOLDP WK 5RDG *UHHQOHDI .6 -HUU\
-HUU\ &HOO
0LNH
* * $1*86 5$1&+ 7LP % *LOOLDP WK 5RDG :DVKLQJWRQ .6 &HOO
$DURQ 'ROO
&$77/(0$1¶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Ã&#x20AC;\ VWDWH 7HUPV RI WKH VDOH DUH FDVK XQOHVV VDWLVIDFWRU\ FUHGLW DU UDQJHPHQWV KDYH EHHQ PDGH SULRU WRW KH VDOH 7KH DXFWLRQHHU ZLOO VHWWOH DOO GLVSXWHV DV WR ELGV DQG KLV GHFLVLRQ RQ VXFK PDWWHUV VKDOO EH ¿QDO (DFK DQLPDO ZLOO EH DW WKH SXUFKDVHU¶V ULVN DV VRRQ DV VROG '(/,9(5< $UUDQJHPHQWV IRU GHOLYHU\ PD\ EH PDGH DW WKH WLPH RI VHWWOHPHQW 5(*,675$7,216 $1' 75$16)(56 5HJLVWUDWLRQ FHUWL¿FDWHV ZLOO EH WUDQVIHUUHG WR WKH EX\HU LI KH VR FKRRVHV DW WKH VHOOHU¶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
5()(5(1&( 6,5(
3!6 &HM@K !MRVDQ &$/9('
7$7722
*'$5 7UDYHOHU 7UDYHOHU *'$5 6LW] 7UDYHOHU *'$5 0LVV %ODFNFDS 6LW] (YHUHOGD (QWHQVH *'$5 5DLQPDNHU 6LW] (YHUHOGD (QWHQVH %RQ 9LHZ %DQGR 6$9 (PXORXV 6$9 6N\ (PXORXV &(' %: :: <: &: 0DUE 5(
)DW
7HKDPD %DQGR %RQ 9LHZ 'RUD (OODQLQ 6N\ 'LYHU 7DLO 1 6FU &(0 0LON (1 : ) * %
2DE 3HQD 3!6 &HM@K !MRVDQ
' ' &!
&$/9(' 7$7722
6LW] 7UDYHOHU 6$9 )LQDO $QVZHU 6$9 (PXORXV
% 5 1HZ )URQWLHU * * 06 )URQWLHU *8$5 /XF\ %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ %)
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS
' ' &!
&$/9(' 7$7722
' ' &!
&$/9(' 7$7722
6LW] 7UDYHOHU 6$9 )LQDO $QVZHU 6$9 (PXORXV
6LW] 7UDYHOHU 6$9 )LQDO $QVZHU 6$9 (PXORXV
%RQ 9LHZ 1HZ 'HVLJQ *XDU 'HVLJQHG *XDU
% 5 1HZ )URQWLHU * * 'HVLJQHG *8$5
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
' ' &!
&$/9(' 7$7722
3HQGLQJ
' ' &! &$/9('
7$7722
6LW] 7UDYHOHU 6$9 )LQDO $QVZHU 6$9 (PXORXV
6LW] 7UDYHOHU 6$9 )LQDO $QVZHU 6$9 (PXORXV
%RQ 9LHZ 1HZ 'HVLJQ *XDU 'HVLJQHG *XDU
%& 0DWUL[ * * 0DWUL[ *XDU 'HVLJQHG
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
' ' &!
&$/9(' 7$7722
' ' &!
&$/9(' 7$7722
6LW] 7UDYHOHU 6$9 )LQDO $QVZHU 6$9 (PXORXV
,URQZRRG 1HZ /HYHO * * 06 1/ *XDU 'HVLJQHG
%RQ 9LHZ 1HZ 'HVLJQ *XDU 'HVLJQHG *XDU 7UDYHOHU
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
6LW] 7UDYHOHU 6$9 )LQDO $QVZHU 6$9 (PXORXV
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
' ' &!
&$/9(' 7$7722
6LW] 7UDYHOHU 6$9 )LQDO $QVZHU 6$9 (PXORXV
%& 0DWUL[ * * 0DWUL[ *XDU 'HVLJQHG %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
5()(5(1&( 6,5( 3!6 0HNMDDQ
&$/9('
6LW] 7UDYHOHU 6$9 )LQDO $QVZHU 6$9 (PXORXV
7$7722
*'$5 7UDYHOHU 6LW] (YHUHOGD (QWHQVH %RQ 9LHZ %DQGR 6$9 6N\ (PXORXV
%R\G 1HZ 'D\ $$5 1HZ 7UHQG 6$9 %ODFNELUG 69) )RUHYHU /DG\ ' 6$9 %ODFNELUG 6$) %DQGR 6$9 %ODFNELUG &(' %: :: <: 6FU &(0 0LON (1 &: 0DUE 5(
)DW
: ) * %
2DE 3HQD 3!6 0HNMDDQ
' ' 0.
&$/9(' 7$7722
6$9 )LQDO $QVZHU 6$9 3LRQHHU 6$9 %ODFNELUG
0\WW\ ,Q )RFXV * * 0LVV )RFXV * * 06 'HVLJQHG %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
4 0HNMDDQ
&$/9(' 7$7722
6$9 )LQDO $QVZHU 6$9 3LRQHHU 6$9 %ODFNELUG
+6$) %DQGR 7 /DG\ 6 7 0LVV %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS , S
4 0HNMDDQ
&$/9(' 7$7722
' ' 0.
&$/9(' 7$7722
6$9 )LQDO $QVZHU 6$9 3LRQHHU 6$9 %ODFNELUG
6$9 )LQDO $QVZHU 6$9 3LRQHHU 6$9 %ODFNELUG
%& 0DWUL[ 7 /DG\ 0DWUL[ 7 /DG\ /HDG 2Q
0\WW\ ,Q )RFXV * * 0LVV )RFXV * * /HDG 2Q
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
5()(5(1&( 6,5(
&$/9('
7$7722
*'$5 7UDYHOHU *$5 *ULG 0DNHU *$5 3UHFLVLRQ
'+' 7UDYHOHU *'$5 %ODFNFDS /DG\ *$5 3UHFLVLRQ *$5 ([W
6FKRHQHV )L[ ,W 6$9 $ELJDOH 6$9 $ELJDOH &(' %: :: <:
$$5 1HZ 7UHQG 6N\ +LJK %ODFNELUG %RQ 9LHZ (PXODWLRQ (;7 &LUFOH $ $ELJDOH 6FU &(0 0LON (1
&: 0DUE 5(
,NS ,NS
3!6 "HRL@QBJ
)DW : ) * %
4 0HNMDDQ
&$/9(' 7$7722
6$9 )LQDO $QVZHU 6$9 3LRQHHU 6$9 %ODFNELUG
66 2EMHFWLYH 7 7 7 6SHFLDO 2EM 7 6SHFLDO %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
2DE 3HQD 3!6 "HRL@QBJ
4 "HRL@QBJ
&$/9(' 7$7722
4 "HRL@QBJ
&$/9(' 7$7722
*$5 *ULG 0DNHU 6$9 %LVPDUFN 6$9 $ELJDOH
*$5 *ULG 0DNHU 6$9 %LVPDUFN 6$9 $ELJDOH
0\WW\ ,Q )RFXV 7 /DG\ ,)&6 7 /DG\ /HDG
66 2EMHFWLYH 7 7 7 %ODFNFDS 2EM 7 %ODFNFDS
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
4 "HRL@QBJ
&$/9(' 7$7722
*$5 *ULG 0DNHU 6$9 %LVPDUFN 6$9 $ELJDOH
&RQQHDO\ /HDG 2Q 7 3ULGH /HDG 7 3ULGH %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS
4 "HRL@QBJ
&$/9(' 7$7722
*$5 *ULG 0DNHU 6$9 %LVPDUFN 6$9 $ELJDOH
%RQ 9LHZ 1HZ 'HVLJQ 7 6SHFLDO 2&& ([WUD 6SHFLDO % %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS ,NS
5()(5(1&( 6,5(
' ' "3-
&$/9(' 7$7722
*$5 *ULG 0DNHU 6$9 %LVPDUFN 6$9 $ELJDOH
(3' (3' (3' (3' %: 6& (3' (3' (3'
7$7722 5
&RQQHDO\ /HDGWLPH (OLJHQFH 3OXV RI &RQDQJD *$5 7UDYHOHU $YDORQ RI &RQDQJD
6LW] 9DOXH 6LW] 7UDYHOHU 6LW] +HQULHWWD 3ULGH 0 6LW] (LVD (YHUJUHHQ 6LW] +HQULHWWD 3ULGH 2&& *UHDW 3ODLQV * 6LW] +HQULHWWD 3ULGH &(' %: :: <: 6FU &(0 0LON (1
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
&$/9('
&RQQHDO\ /HDG 2Q &RQQHDO\ 2QZDUG $OWXQH RI &RQDQJD
% 5 1HZ )URQWLHU * * 0V )URQWLHU *XDU
3HSY 5OV@QC 2
&: 0DUE 5(
)DW
: ) * %
,NS 2DE 3HQD 3HSY 5OV@QC 2
' ' "3-
&$/9(' 7$7722
*$5 *ULG 0DNHU 6$9 %LVPDUFN 6$9 $ELJDOH
%RQ 9LHZ 1HZ 'HVLJQ *XDU 'HVLJQHG *XDU %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
' ' 350
&$/9(' 7$7722
' ' 350
&$/9(' 7$7722
&RQQHDO\ 2QZDUG 6LW] 8SZDUG 5 6LW] +HQULHWWD 3ULGH 0
0\WW\ ,Q )RFXV * * )RFXV * * 0V )URQWLHU
%RQ 9LHZ 1HZ 'HVLJQ * * 1' * * 0LVV
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
&RQQHDO\ 2QZDUG 6LW] 8SZDUG 5 6LW] +HQULHWWD 3ULGH 0
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS
,NS
' ' 350
&$/9(' 7$7722
' ' 350
&$/9(' 7$7722
&RQQHDO\ 2QZDUG 6LW] 8SZDUG 5 6LW] +HQULHWWD 3ULGH 0
+6$) %DQGR * * %DQGR *XDU 'HVLJQHG
5LWR , RI % * * 5LWR *XDU 'HVLJQHG
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
&RQQHDO\ 2QZDUG 6LW] 8SZDUG 5 6LW] +HQULHWWD 3ULGH 0
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
5()(5(1&( 6,5(
' ' 350
&$/9(' 7$7722
&RQQHDO\ 2QZDUG 6LW] 8SZDUG 5 6LW] +HQULHWWD 3ULGH 0
(3' (3' (3' (3' %: 6& (3' (3' (3'
&: 0DUE 5(
7$7722
&RQQHDO\ /HDGWLPH (OLJHQFH 3OXV RI &RQDQJD *$5 7UDYHOHU $YDORQ RI &RQDQJD
*$5 *ULG 0DNHU *'$5 7UDYHOHU %HFN\ /HH RI &RQDQJD *$5 3UHFLVLRQ %HFNRQ /HH RI &RQDQJD 6$) )RFXV RI (5 %ODFN /DQG RI &RQDQJD &(' %: :: <: 6FU &(0 0LON (1
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
&$/9('
&RQQHDO\ /HDG 2Q &RQQHDO\ 2QZDUG $OWXQH RI &RQDQJD
5LWR , RI % * * 5LWR *XDU 'HVLJQHG
#NMMD@KX &NQV@QC
)DW
: ) * %
' ' 350 &$/9('
7$7722
&RQQHDO\ 2QZDUG 6LW] 8SZDUG 5 6LW] +HQULHWWD 3ULGH 0
0\WW\ ,Q )RFXV * * 0V )RFXV *8$5 'HVLJQHG %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
2DE 3HQD #NMMD@KX &NQV@QC
4 &NQV@QC %4
3HQGLQJ
&$/9(' 7$7722
&RQQHDO\ 2QZDUG &RQQHDO\ )RUZDUG %HFN\ /HH RI &RQDQJD
+6$) %DQGR 7 6SHFLDO 7 6SHFLDO %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS , S
4 &NQV@QC %4
3HQGLQJ
&$/9(' 7$7722
4 &NQV@QC
&$/9(' 7$7722
&RQQHDO\ 2QZDUG &RQQHDO\ )RUZDUG %HFN\ /HH RI &RQDQJD
+6$) %DQGR 7 0LVV 7 6SHFLDO
%R\G 1HZ 'D\ 7 5XOHU 1 'D\ 7 5XOHU
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
&RQQHDO\ 2QZDUG &RQQHDO\ )RUZDUG %HFN\ /HH RI &RQDQJD
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
4 &NQV@QC %4
3HQGLQJ
&$/9(' 7$7722
&RQQHDO\ 2QZDUG &RQQHDO\ )RUZDUG %HFN\ /HH RI &RQDQJD
+6$) %DQGR 7 0LVV 7 6SHFLDO %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
;
3HQGLQJ
4 &NQV@QC
&$/9(' 7$7722
&RQQHDO\ 2QZDUG &RQQHDO\ )RUZDUG %HFN\ /HH RI &RQDQJD
6$9 7UDYHOHU 7 /DG\ 7 /DG\ %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS 8
5()(5(1&( 6,5(
3SXKDR 5OFQ@CD * &$/9('
&RQQHDO\ 2QZDUG 6LW] 8SZDUG 5 6LW] +HQULHWWD 3ULGH 0
7$7722 -
&RQQHDO\ /HDG 2Q $OWXQH RI &RQDQJD 6LW] 9DOXH 6LW] +HQULHWWD 3ULGH
%RQ 9LHZ 1HZ 'HVLJQ % 5 1HZ 'HVLJQ 3ODLQYLHZ /DVVLH % %RQ 9LHZ 3ULGH 3ODLQYLHZ /DVVLH ; 2&& $QFKRU $ 3ODLQYLHZ /DVVLH 6 &(' %: :: <: 6FU &(0 0LON (1 &: 0DUE 5(
)DW
: ) * %
2DE 3HQD 3SXKDR 5OFQ@CD * 2 E 3H 3S K 5 F C *
4 5OFQ@CD
&$/9(' 7$7722
6LW] 8SZDUG 5 6W\OHV 8SJUDGH - 3ODLQYLHZ /DVVLH %
%RQ 9LHZ 1HZ 'HVLJQ 7 6SHFLDO 7 6SHFLDO % 5R\FH %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS
5()(5(1&( 6,5(
3HSY $@RG
&$/9('
&RQQHDO\ 2QZDUG 6LW] 8SZDUG 5 6LW] +HQULHWWD 3ULGH 0
7$7722
&RQQHDO\ /HDG 2Q $OWXQH RI &RQDQJD 6LW] 9DOXH 6LW] +HQULHWWD 3ULGH
2&& (PEOD]RQ ( '+' 7UDYHOHU 6LW] (YHUHOGD (QWHQVH 'L[LH (ULFD RI &+ 6LW] (YHUHOGD (QWHQVH +LJK 9DOOH\ & $PEXVK 6LW] (YHUHOGD (QWHQVH &(' %: :: <: 6FU &(0 0LON (1 &: 0DUE 5(
)DW
: ) * %
2DE 3HQD 3HSY $@RG
4 $@RG
&$/9(' 7$7722
4 $@RG
&$/9(' 7$7722
6LW] 8SZDUG 5 6LW] 'DVK 6LW] (YHUHOGD (QWHQVH %RQ 9LHZ 1HZ 'HVLJQ 7 /DG\ 7 0LVV 7UDY
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
6LW] 8SZDUG 5 6LW] 'DVK 6LW] (YHUHOGD (QWHQVH % 5 1HZ )URQWLHU 7 %ODFNFDS 1) 7 %ODFNFDS 5R\FH
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
4 $@RG
6LW] 8SZDUG 5 6LW] 'DVK 6LW] (YHUHOGD (QWHQVH 0\WW\ ,Q )RFXV 7 6SHFLDO ,Q )RFXV 7 6SHFLDO
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
-XSSX )M &NBTR
&$/9('
6$) )DPH 6$) )RFXV RI (5 *'$5 )RUHYHU /DG\
0LQHUWV )RUWXQH 6$) 5R\DO /DVV 7UDQVIRUPHU ($5 *'$5 )RUHYHU /DG\
6LW] $OOLDQFH 0\WW\ &RXQWHVV %DOGULGJH &RXQWHVV &(' %: :: <:
6LW] 7UDYHOHU 6LW] %DUEDUDPHUH -HW %RQ 9LHZ (PXODWLRQ (;7 %DOGULGJH &RXQWHVV 6FU &(0 0LON (1
&: 0DUE 5(
4 $@RG
7$7722
)DW
: ) * %
&$/9(' 7$7722
6LW] 8SZDUG 5 6LW] 'DVK 6LW] (YHUHOGD (QWHQVH % 5 1HZ )URQWLHU 7 2VFDU 1) 7 /DG\
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
5()(5(1&( 6,5(
&$/9(' 7$7722
2 2DE 3HQD -XSSX )M &NBTR E 3H - SS ) &
' ' &NBTR
&$/9(' 7$7722
!$ &NBTR 4GD 'QD@S
&$/9(' 7$7722
6$) )RFXV RI (5 0\WW\ ,Q )RFXV 0\WW\ &RXQWHVV
6$) )RFXV RI (5 0\WW\ ,Q )RFXV 0\WW\ &RXQWHVV
+6$) %DQGR * * 0LVV %DQGR * * 'HVLJQHG
+6$) %DQGR * * 0LVV %DQGR * * 0LVV
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
' ' &NBTR
&$/9(' 7$7722
' ' &NBTR
&$/9(' 7$7722
6$) )RFXV RI (5 0\WW\ ,Q )RFXV 0\WW\ &RXQWHVV
6$) )RFXV RI (5 0\WW\ ,Q )RFXV 0\WW\ &RXQWHVV
+6$) %DQGR * * 0LVV %DQGR * * 0V )URQWLHU
%& 0DWUL[ * * 0LVV 0DWUL[ *XDU
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
' ' &NBTR
&$/9(' 7$7722
6$) )RFXV RI (5 0\WW\ ,Q )RFXV 0\WW\ &RXQWHVV
+6$) %DQGR * * 0LVV %DQGR *XDU )RUWXQH /DG\ %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS ,NS
5()(5(1&( 6,5(
$($ 4Q@UDKDQ &$/9('
%DQG RI ,GHDO 4$6 7UDYHOHU 4$6 %ODFNELUG (YH
7$7722
4
&$/9(' 7$7722
4$6 7UDYHOHU '+' 7UDYHOHU %HPLQGIXO 0DLG '+'
%DQG RI ,GHDO 5LWR RI ,GHDO %XUO\ (ULF 9&6 %ODFNELUG
%RQ 9LHZ 1HZ 'HVLJQ 7 /DG\ 7 /DG\ 'DWH
3%& 0 ) 55 5LWR %HPLQGIXO 0DLG '+' (YRFDWH 3ULQFHVV 7 %HPLQGIXO 0DLG RI 55 $OJRPD (ULFPHUH )%$ %HPLQGIXO 0DLG IR 55 &(' %: :: <: 6FU &(0 0LON (1 &: 0DUE 5(
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
)DW : ) * %
2DE 3HQD $($ 4Q@UDKDQ
,NS
5()(5(1&( 6,5(
"# %LAK@YNM % &$/9('
7$7722
'+' 7UDYHOHU 2&& (PEOD]RQ ( 'L[LH (ULFD RI &+
4$6 7UDYHOHU %HPLQGIXO 0DLG '+' 3%& 0 ) 'L[LH (ULFD RI &+
:RRGKLOO &HQWXULRQ &$) 3XUH 3ULGH & &$) 3XUH 3ULGH ([W &(' %: :: <:
*'$5 2VFDU *7 0LVV 7UDYHOHU 1 %DU (PXODWLRQ (;7 *LEEHW +LOO 3XUH 3ULGH &) 6FU &(0 0LON (1
&: 0DUE 5(
)DW
4 %LAK@YNM
&$/9(' 7$7722
2&& (PEOD]RQ ( %& (PEOD]RQ ( &$) 3XUH 3ULGH &
%RQ 9LHZ 1HZ 'HVLJQ 7 %HDXW\ )LQNV %HDXW\ (;7 %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
: ) * %
4 %LAK@YNM
&$/9(' 7$7722
2&& (PEOD]RQ ( %& (PEOD]RQ ( &$) 3XUH 3ULGH &
6$9 7UDYHOHU 7 /DG\ 7 /DG\ %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS ,NS
,NS
5()(5(1&( 6,5(
"# ,NNJNTS &$/9('
2&& (PEOD]RQ ( 2&& /HJHQG / 2&& %ODFNELUG -
7$7722
)DW
4 ,NNJNTS
&$/9(' 7$7722
2&& /HJHQG / %& /RRNRXW *LEEHW +LOO 0LJQRQQH (
'+' 7UDYHOHU 'L[LH (ULFD RI &+ 2&& *ODGLDWRU * 2&& %ODFNELUG *
%RQ 9LHZ 1HZ 'HVLJQ 7 6SHFLDO 2&& ([WUD 6SHFLDO %
3DSD (TXDWRU 3DSD 3RZHU *LEEHW +LOO 0LJQRQQH ( 3DSD (QYLRXV %ONELUG *LEEHW +LOO 0LJQRQQH 75 4$6 7UDYHOHU *LEEHW +LOO 0LJQRQQH 6 &(' %: :: <: 6FU &(0 0LON (1 &: 0DUE 5(
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
: ) * %
2DE 3HQD "# ,NNJNTS
,NS
5()(5(1&( 6,5(
4# !ADQCDDM &$/9('
7$7722
&5$ %H[WRU 7& $EHUGHHQ 7& %ODFNELUG
%$5 ([W 7UDYHOHU 1 %DU (PXODWLRQ (;7 &5$ %H[WRU %$5 4XHHQ 7UDYHOHU &UD /DG\ -D\H 6 (DV\ *$5 6OHHS (DV\ ++) /DG\
%RQ 9LHZ 1HZ 'HVLJQ 7 %ODFNFDS 7 %ODFNFDS 5R\FH
%RQ 9LHZ 1HZ 'HVLJQ % 5 1HZ 'HVLJQ 7& %ODFNELUG %RQ 9LHZ (ULFD 7& %ODFNELUG 6$) )DPH 7& %ODFNELUG &(' %: :: <: 6FU &(0 0LON (1 )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
&$/9(' 7$7722
&5$ %H[WRU 7& $EHUGHHQ 7& %ODFNELUG
0\WW\ ,Q )RFXV 7 5XOHU ,)&6 7 5XOHU 1 'D\ %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS
4 !ADQCDDM
: ) * %
2DE 3HQD 4# !ADQCDDM
&$/9(' 7$7722
&: 0DUE 5(
4 !ADQCDDM
4 !ADQCDDM
&$/9(' 7$7722
4 !ADQCDDM
&$/9(' 7$7722
&5$ %H[WRU 7& $EHUGHHQ 7& %ODFNELUG
'U - $QDO\VW 0 7 6SHFLDO $QDO\VW 7 0LVV 6XSUHPH
5LWR , RI % 7 /DG\ 6N\ , 7 /DG\ 6N\
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
&5$ %H[WRU 7& $EHUGHHQ 7& %ODFNELUG
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
5()(5(1&( 6,5(
3HMBK@HQ .DS 0QDRDMS 6@KTD
&$/9('
7$7722 3
*DUGHQV 3ULPH 7LPH 55 7UDYHOHU *UHHQ *DUGHQ 6XVLH 6 1 %DU 3ULPH 7LPH ' 1 %DU 0LVV (PXORXV $ 1 %DU (PXODWLRQ (;7 = 1 %DU 0LVV (PXORXV ; '+' 7UDYHOHU 4$6 7UDYHOHU ,GHDO RI %HPLQGIXO 0DLG '+' (( RI ,GHDO (H RI ,GHDO (H RI ,GHDO &(' %: :: <: 6FU &(0 0LON (1 &: 0DUE 5(
,NS
;
)DW
: ) * %
4 !ADQCDDM
3HQGLQJ
&$/9(' 7$7722
&5$ %H[WRU 7& $EHUGHHQ 7& %ODFNELUG
0\WW\ ,Q )RFXV 7 2VFDU ,Q )RFXV 7 2VFDU %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
2DE 3HQD 3HMBK@HQ .DS 0QDRDMS 6@KTD
5()(5(1&( 6,5(
4 .06
&$/9(' 7$7722
1 %DU 3ULPH 7LPH ' 6LQFODLU 1HW 3UHVHQW 9DOXH ,GHDO RI
6$) %DQGR 6$9 0D\ 6$9 0D\ &(' %: :: <:
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
&$/9('
&: 0DUE 5(
7$7722
6LW] 7UDYHOHU *'$5 7UDYHOHU 6$9 7UDYHOHU 6LW] (YHUHOGD (QWHQVH %R\G )RUHYHU /DG\ $$5 1HZ 7UHQG 69) )RUHYHU /DG\ '
%R\G 1HZ 'D\ 7 /DG\ 1HZ 'D\ 7 0LVV 7UDY
3!6 .DS 7NQSG
)DW
%RQ 9LHZ %DQGR 6$) 5R\DO /DVV 5LWR )% RI + )XOOEDFN 6$5 3URVSHFWRU 0D\ 6FU &(0 0LON (1 : ) * %
4 .06
&$/9(' 7$7722
1 %DU 3ULPH 7LPH ' 6LQFODLU 1HW 3UHVHQW 9DOXH ,GHDO RI
%R\G 1HZ 'D\ 7 %ODFNFDS 1 'D\ 7 %ODFNFDS 1) %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
2DE 3HQD 3!6 .DS 7NQSG
' ' .7
&$/9(' 7$7722
6$9 7UDYHOHU 6$9 1HW :RUWK 6$9 0D\
%RQ 9LHZ 1HZ 'HVLJQ *XDU 'HVLJQHG *XDU %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS
' ' .7
&$/9(' 7$7722
3HQGLQJ
' ' .7 &$/9('
7$7722
6$9 7UDYHOHU 6$9 1HW :RUWK 6$9 0D\
6$9 7UDYHOHU 6$9 1HW :RUWK 6$9 0D\
%RQ 9LHZ 1HZ 'HVLJQ * * 'HVLJQHG *XDU 0LVV 6N\ 6
0\WW\ ,Q )RFXV * * 06 )RFXV *XDU 'HVLJQHG
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
%: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
(3' (3' (3' (3' %: 6& (3' (3' (3'
4 .DS 7NQSG
3HQGLQJ
&$/9(' 7$7722
6$9 7UDYHOHU 6$9 1HW :RUWK 6$9 0D\
%R\G 1HZ 'D\ 7 3DWULRW 1GD\ 7 0LVV )URQWLHU %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
,NS ,
' ' .7
&$/9(' 7$7722
6$9 7UDYHOHU 6$9 1HW :RUWK 6$9 0D\
5LWR , RI % * * 5LWR *XDU 'HVLJQHG %: :: 0LON <: $FW :1 <5 $'* $FW ,0) 5($ )DW
(3' (3' (3' (3' %: 6& (3' (3' (3'
' ' ,DF@BX 60 $QJXV
1LFKROV /HJDF\ * (OOLQJVRQ /HJDF\ 0 ³2OLH´ (OOLQJVRQ 06 3VWRFN .
* *
* *
' ' ,DF@BX 60 $QJXV
1LFKROV /HJDF\ * (OOLQJVRQ /HJDF\ 0 ³2OLH´ (OOLQJVRQ 06 3VWRFN .
55 6FRWFK &DS &RPP $QJXV &RZ
55 6FRWFK &DS &RPP $QJXV &RZ
%:
:: <: $'* 6& ,0) 5($ %)
%:
'RXEOH 3ROOHG 'RXEOH %ODFN
'RXEOH 3ROOHG 'RXEOH %ODFN
:: <: $'* 6& ,0) 5($ %)
' ' ,DF@BX 60 $QJXV
1LFKROV /HJDF\ * (OOLQJVRQ /HJDF\ 0 ³2OLH´ (OOLQJVRQ 06 3VWRFN .
* *
55 6FRWFK &DS &RPP $QJXV &RZ
%:
:: <: $'* 6& ,0) 5($ %)
,NS
'RXEOH 3ROOHG 'RXEOH %ODFN
' ' ,DF@BX 60 $QJXV
1LFKROV /HJDF\ * (OOLQJVRQ /HJDF\ 0 ³2OLH´ (OOLQJVRQ 06 3VWRFN .
* *
,QWHQV\ &RPP $QJXV &RZ
%:
:: <: $'* 6& ,0) 5($ %)
'RXEOH 3ROOHG 'RXEOH %ODFN
,NS ,
' ' #+
60 $QJXV
+& +XPPHU 0 5& &OXE .LQJ 5 5& 0LVV *ULIIH\ 1
60 $QJXV
%ODFN -RNHU (ERQ\V *UDQGPDVWHU (ERQ\V -R\ 'UHDP 2Q 7 'UHDP 2Q 7 6WRFNPDQ
* *
4 'Q@MCL@RSDQ
6WHYHQVRQ 5R\FH &RPP $QJXV &RZ
%:
%:
:: <: $'* 6& ,0) 5($ %)
:: <: $'* 6& ,0) 5($ %)
'RXEOH 3ROOHG 'RXEOH %ODFN
4 'Q@MCL@RSDQ
60 $QJXV
%ODFN -RNHU (ERQ\V *UDQGPDVWHU (ERQ\V -R\ % 5 1HZ 'HVLJQ 7 1HZ 'HVLJQ 7
%:
%:
60 $QJXV
%ODFN -RNHU (ERQ\V *UDQGPDVWHU (ERQ\V -R\ %ODFN 'HVWLQ\ 7 %ODFN 'HVWLQ\ 7 2VFDU '
:: <: $'* 6& ,0) 5($ %)
4 'Q@MCL@RSDQ
:: <: $'* 6& ,0) 5($ %)
4 'Q@MCL@RSDQ
60 $QJXV
%ODFN -RNHU (ERQ\V *UDQGPDVWHU (ERQ\V -R\ 1LFKROV /HJDF\ 7 /HJDF\ 7
%:
:: <: $'* 6& ,0) 5($ %)
,NS
4 'Q@MCL@RSDQ
60 $QJXV
%ODFN -RNHU (ERQ\V *UDQGPDVWHU (ERQ\V -R\ :DU 1LWUR 7 1LWUR 7
%:
%:
60 $QJXV
2&& +HDGOLQHU 2&& 0LVVLQJ /LQN 2&& 'L[LH (ULFD
% 5 1HZ 'HVLJQ 7 1HZ 'HVLJQ 7
:: <: $'* 6& ,0) 5($ %)
4 -HRRHMF ,HMJ
:: <: $'* 6& ,0) 5($ %)
4 'Q@MCL@RSDQ
60 $QJXV
%ODFN -RNHU (ERQ\V *UDQGPDVWHU (ERQ\V -R\ 0\WW\ ,Q )RFXV 7 ,Q )RFXV 7
%:
:: <: $'* 6& ,0) 5($ %)
,NS
4 'Q@MCL@RSDQ
60 $QJXV
%ODFN -RNHU (ERQ\V *UDQGPDVWHU (ERQ\V -R\ 1LFKROV /HJDF\ 7 /HJDF\ 7 6WRFNPDQ
%:
:: <: $'* 6& ,0) 5($ %)
4 -HRRHMF ,HMJ
60 $QJXV
2&& +HDGOLQHU 2&& 0LVVLQJ /LQN 2&& 'L[LH (ULFD
1LFKROV /HJDF\ 7 /HJDF\ 7 5RFN
7
%:
%:
7 7
:: <: $'* 6& ,0) 5($ %)
,NS
60 $QJXV
'UHDP 2Q %XLOW 5LJKW +RPR]\JRXV 3ROOHG (ERQ\V $QWRLQHWWH
:: <: $'* 6& ,0) 5($ %)
4 "THKS 2HFGS
,NS
4 $QD@L /M 60 $QJXV
1LFKROV /HJDF\
'UHDP 2Q 6KHH]D 'UHDP ,QWHQVLI\ 7 ,QWHQVLI\ $QJXV %:
:: <: $'* 6& ,0) 5($ %)
4 "THKS 2HFGS
60 $QJXV
4 'Q@MCL@RSDQ
60 $QJXV
'UHDP 2Q %XLOW 5LJKW +RPR]\JRXV 3ROOHG (ERQ\V $QWRLQHWWH
%ODFN -RNHU (ERQ\V *UDQGPDVWHU (ERQ\V -R\
%XOOGR]HU 7 %XOOGR]HU 7 5RFN
1LFKROV /HJDF\ 7 /HJDF\ 7
%:
%:
:: <: $'* 6& ,0) 5($ %)
:: <: $'* 6& ,0) 5($ %)
,NS ,
,NS , S
4 .DS 0QDRDMS 6@KTD
60 $QJXV
1 %DU 3ULPH 7LPH 1HW 3UHVHQW 9DOXH ,GHDO RI
1LFKROV /HJDF\ 7 /HJDF\ 7 %:
:: <: $'* 6& ,0) 5($ %)
4 .DS 0QDRDMS 6@KTD
60 $QJXV
4 $@RG
60 $QJXV
1 %DU 3ULPH 7LPH 1HW 3UHVHQW 9DOXH ,GHDO RI
7ULSOH & ,QYDVLRQ 7 ,QYDVLRQ 7
'- $QDO\VW 7 $QDO\VW 7 /HJDF\
%:
%:
:: <: $'* 6& ,0) 5($ %)
6LW] 8SZDUG 5
6LW] 'DVK 6LW] (YHUHOGD (QWHQVH
:: <: $'* 6& ,0) 5($ %)
4 #NLOKDLDMS
60 $QJXV
%DVLQ )UDQFKLVH () &RPSOHPHQW (YHUHOGD (QWHQVH
% 5 1HZ )URQWLHU 7 1HZ )URQWLHU 7 %:
:: <: $'* 6& ,0) 5($ %)
,NS
4 .DS 0QDRDMS 6@KTD
60 $QJXV
1 %DU 3ULPH 7LPH 1HW 3UHVHQW 9DOXH ,GHDO RI
7ULSOH & ,QYDVLRQ 7 ,QYDVLRQ 7 %:
:: <: $'* 6& ,0) 5($ %)
7 6(9(1 5$1&+ -HUU\ *LOOLDP 8SODQG 5RDG :DVKLQJWRQ .6
35657 ),567 &/$66 8 6 3RVWDJH
3$,'
*DUGQHU .6 3HUPLW 1R
72
&$77/(0$1¶6 &+2,&( 6$/( 7XHVGD\ 0DUFK