5,?; 0::<,! 56=
56=
=63 56
AF L@AK AKKM=
B9?K LGH ;GM?9JK 2WWR /HH
'DYLG &RUWHVH 9LFH 0D\RU 6DQ -RVH
0D\RU 6XQQ\YDOH
´
6XFFHVV ³ WUXH VXFFHVV ³ GRHV QRW GH SHQG XSRQ WKH SRVLWLRQ \RX KROG EXW KRZ \RX FDUU\ \RXUVHOI LQ WKDW SRVLWLRQ
µ
³7KHRGRUH 5RRVHYHOW
DV TXRWHG RQ GDYHFRUWHVH FRP 3KRWR FRXUWHV\ $QG\ 1JX\HQ PRUH RQ WKH ZLQQLQJ JDPH SDJH
JG;C OAL@ NGF AN9
*RDOV DQG $FFRPSOLVKPHQWV Â&#x2021; (QYLURQPHQW³ &UHDWH &OHDQ 7HFK MREV DV WKH :RUOG &HQWHU RI &OHDQ 7HFK ,QQRYDWLRQ Â&#x2021; (FRQRPLF *URZWK³ %XLOG FRQVHQVXV IRU QHZ DQG HIIHFWLYH ZD\V WR VSXU MRE FUHDWLRQ
3KRWR FRXUWHV\ $OEDQ\ $OYDUH] SDJH
9<NA;= GF DA>=
SDJH
Â&#x2021; (GXFDWLRQ³(YHU\ FKLOG KDV D ULJKW WR H[FHOOHQW WHDFKHUV TXDOLW\ PDWHULDOV VDIH FODVVURRPV UHDVRQDEOH FODVV VL]HV DQG VDIH SODFHV WR JR DIWHU VFKRRO Â&#x2021; 7UDQVSRUWDWLRQ³ KDV JRWWHQ 0LO OLRQ LQ IXQGLQJ IURP 3URSRVLWLRQ % IRU 3KDVH , RI WKH +LJK ZD\ FRUULGRU IURP ,QWHUVWDWH WR 7XOO\ 5RDG
&21&(3&,21 $&(9('2 3+272 (',725
´7KH *UHDW 'HEDWHUVµ 9LFH 0D\RU RI 6DQ -RVH 'DYLG &RUWHVH DQG 0D\RU RI 6XQQ\YDOH 2WWR /HH KHOG D /' /LQFROQ 'RXJODV VW\OH GHEDWH RQ ZKR ZLOO KROG WKH RIÃ&#x20AC; FH RI 6DQWD &ODUD &RXQW\ VXSHUYLVRU RQ 2FW DW 6DQ -RVH &LW\ &ROOHJH 7HFKQRORJ\ $XGLWRULXP $V WKH GHEDWH FRPPHQFHG 0DU\ /HH 6KHOWRQ WKH PRGHUDWRU LQWUR GXFHG WKH WZR FDQGLGDWHV &RUWHVH HOHFWHG WR WKH 6DQ -RVH &LW\ &RXQFLO LQ PDGH KLV PDUN DV WKH RQO\ &RXQFLOPDQ ZKR ZDV UH HOHFWHG ZLWK QR UHVLVWDQFH WR D VHFRQG IRXU \HDU WHUP LQ /HH D IRUPHU ODZ\HU ZDV HOHFWHG LQ WR WKH 6XQQ\YDOH &LW\ &RXQFLO /HH PDGH KLV PDUN DV RQH RI WKH FLW\·V Ã&#x20AC; UVW $VLDQ $PHULFDQ FRXQFLO PHPEHUV 7KH FRLQ WRVV DW WKH EHJLQQLQJ RI WKH GHEDWH ZDV ZRQ E\ &RUWHVH 4XHVWLRQV ZHUH WDNHQ IURP WKH DXGLHQFH EHIRUH WKH GHEDWH ZKLFK LQ FOXGHG :KDW LGHDV GR \RX KDYH IRU DW ULVN IDPLOLHV" %RWK RI \RX VXSSRUW WD[ FXWV GR \RX VXSSRUW DQ LQFUHDVH LQ VDOHV WD[ IRU H[DPSOH SHUFHQW WR SHUFHQW" :KDW ZHDNQHVVHV GR \RX VHH LQ \RXU RSSRQHQW·V SODQV" DQG PRUH
&RUWHVH EHJDQ ZLWK WKH HFRQRPLF LVVXH WKHQ GHVFULEHG KLV TXDOLÃ&#x20AC; FD WLRQV ´7KH FRXQW\ LV IDFLQJ D PLOOLRQ JDS µ KH VDLG ´:H·UH JRLQJ WR KDYH WR PDNH VRPH WRXJK GHFL VLRQV WR EDODQFH WKH FRXQW\ EXGJHW µ /HH UHVSRQGHG LQ GHVFULELQJ KLV EDFNJURXQG LQIRUPDWLRQ DQG KRZ KH ZRXOG DSSURDFK WKH EXGJHW DV KH GLG ZLWK WKH ´SODQQLQJ FRPPLVVLRQ LQ 6XQQ\YDOHµ %RWK FDQGLGDWHV VSRNH DERXW DQG HQFRXUDJHG WKH DXGLHQFH WR YROXQ WHHU DQG JDLQ H[SHULHQFH LQ WKHLU FDPSDLJQ ´,W·V OLNH Ã&#x20AC; UHZRUNV µ VDLG /HH LQ UHIHUHQFH WR WKH FDPSDLJQ ´\RX SXW D ORW RI ZRUN LQWR LW EXW LQ WKH HQG WKH RXWFRPH LV EHDXWLIXO µ 7KH FDQGLGDWHV DOVR VSRNH WR WKH DWWHQGDQWV DIWHU WKH GHEDWH ´7KH SHUVRQ JDYH XV WKH LGHD DQG ZH VDLG ¶ZRZ · ZH GLG QRW VHH WKDW µ VDLG &RUWHVH LQ UHIHUHQFH WR D ORFDO FLW\ SURMHFW LQ ZKLFK D SHUVRQ JDYH LQ VLJKW DERXW D YDFDQW VSDFH ´:H DUH DOZD\V RSHQ WR LGHDV µ 9RWHUV ZLOO GHWHUPLQH RQ 1RY LI /HH RU &RU WHVH ZLOO EH 6DQWD &ODUD &RXQW\·V QH[W VXSHUYLVRU %H VXUH WR JHW RXW WKHUH DQG FDVW \RXU YRWH
*RDOV DQG $FFRPSOLVKPHQWV Â&#x2021; (QYLURQPHQW³ 5HF\FOLQJ SHUFHQW RI DOO ZDVWH DQG SUHVHUYLQJ RXU SDUNV DQG QHLJKERU KRRGV Â&#x2021; (FRQRPLF *URZWK³ )DFHG D PLOOLRQ GHÃ&#x20AC; FLW EDODQFHG D SHU FHQW UHVHUYH Â&#x2021; (GXFDWLRQ ³ ´, DP ELJ RQ WKH LVVXH RI DIWHU VFKRRO SUR JUDPV , ZLOO PDNH VXUH WKH\ DUH IXOO\ IXQGHG µ Â&#x2021; 6DIHW\ ³ DIIRUG EHWWHU SXEOLF VDIHW\ PRUH QHLJKERU KRRG SDWUROV IDVWHU UHVSRQVH WLPHV DQG SURWHFWLQJ RXU NLGV IURP JDQJV DQG GUXJV
6285&(6 )25 *2$/6 $1' $&&203/,6+0(176 ::: '$9(&257(6( &20 ::: 2772/(( 25*
Bgq[] E]q]j ;gf^]j]f[] Lgmj [ge]k lg l`] @H HYnaddagf$ egj] gf hY_] 0
: : : 6 - & & 7 , 0 ( 6 & 2 0