Hartmetallfräser

Transcription

Hartmetallfräser
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
ZKd/ZEtZ<h'
ZKdd/E'dKK>^
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌͬƵƌƐ
'&<Ͳ&ƌćƐĞƌͬ&ŝďƌĞŐůĂƐƐƌŽƵƚĞƌƐ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌŵŝƚůƵŵŝŶŝƵŵǀĞƌnjĂŚŶƵŶŐͬƵƌƐǁŝƚŚĂůƵŵŝŶŝƵŵĐƵƚ
^/dϴͳϭϲͬW'ϴͳϭϲ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌĞͬŝĂŵŽŶĚƉŽŝŶƚƐ
^ĐŚůĞŝĨƐĐŚĞŝďĞŶͬ'ƌŝŶĚŝŶŐǁŚĞĞůƐ
ŝĂŵĂŶƚĂďƌŝĐŚƚĞƌͬŝĂŵŽŶĚĚƌĞƐƐĞƌƐ
dƌĞŶŶƐĐŚĞŝďĞŶͬƵƫŶŐǁŚĞĞůƐ
^/dϭϳͳϯϭͬW'ϭϳͳϯϭ
^ĐŚůĞŝĨƐƟŌĞͬ'ƌŝŶĚŝŶŐƉŽŝŶƚƐ
WŽůŝĞƌƐƟŌĞͬWŽůŝƐŚŝŶŐƉŽŝŶƚƐ
ŶƚŐƌĂƚĞŶͬĞďƵƌƌŝŶŐ
^/dϯϮͳϰϴͬW'ϯϮͳϰϴ
>ĂŵĞůůĞŶŚƺůƐĞŶͬ&ůĂƉďĂŶĚƐ
^ĐŚůĞŝĬƺůƐĞŶͬ^ƉŝƌĂďĂŶĚƐ
^ĐŚůĞŝĩćŶĚĞƌͬďƌĂƐŝǀĞďĞůƚƐ
^ĐŚůĞŝĨƌŽůůĞŶͬĂƌƚƌŝĚŐĞƌŽůůƐ
^ĐŚůĞŝŅĂƉƉĞŶͬďƌĂƐŝǀĞĐĂƉƐ
^/dϰϵͳϱϴͬW'ϰϵͳϱϴ
&ćĐŚĞƌƐĐŚůĞŝĨĞƌͬ&ůĂƉǁŚĞĞůƐ
sůŝĞƐƐĐŚůĞŝĨĞƌͬEŽŶͲǁŽǀĞŶŇĂƉǁŚĞĞůƐ
&ŝůnjůĂŵĞůůĞŶƉŽůŝĞƌĞƌͬ&ĞůƚŇĂƉǁŚĞĞůƐ
^/dϱϵͳϲϰͬW'ϱϵͳϲϰ
^ĐŚůĞŝĩůćƩĞƌͬďƌĂƐŝǀĞĚŝƐĐƐ
^ĞůďƐƚƐƉĂŶŶĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌͬYƵŝĐŬͲĐŚĂŶŐĞĚŝƐĐƐ
&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞŶͬ&ůĂƉĚŝƐĐƐ
^ŽŌͲůĂƉ^ĐŚĞŝďĞŶͬ^ŽŌͲůĂƉĚŝƐĐƐ
^/dϲϱͳϳϳͬW'ϲϱͳϳϳ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϳ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
,ZdDd>>&Z^ZͬhZ^
&ƌćƐƐƟŌĞ
ƵƌƐ
<ƌĞƵnjǀĞƌnjĂŚŶƚ
ŽƵďůĞƵƚ
ŝŶĨĂĐŚǀĞƌnjĂŚŶƵŶŐ
^ƚĂŶĚĂƌĚƵƚ
ůƵǀĞƌnjĂŚŶƚ
ůƵŵŝŶŝƵŵƵƚ
,ŽŚĞKďĞƌŇćĐŚĞŶͲ
ƋƵĂůŝƚćƚďĞŝŐƵƚĞŵ
ďƚƌĂŐ͘ŝŶƐĂƚnjďĞŝƌĞůĂƟǀ
ŚĂƌƚĞŶDĂƚĞƌŝĂůŝĞŶ͕nj͘͘
^ƚĂŚů͕'ƌĂƵŐƵƐƐ͕<ƵƉĨĞƌͲ
ůĞŐŝĞƌƵŶŐĞŶƵŶĚĂŶĚĞƌĞŶ
DĞƚĂůůĞŶ͘
ŝĞŽƉƟŵĂůĞsĞƌnjĂŚŶƵŶŐĨƺƌ
ƐĐŚŶĞůůĞŶďƚƌĂŐƵŶĚĞŝŶĞŐƵƚĞ
KďĞƌŇćĐŚĞ͘Ğƌ&ƌćƐĞƌŬĂŶŶƐĞŚƌ
ŐƵƚŐĞĨƺŚƌƚǁĞƌĚĞŶ;ĨĂƐƚƌĂƩĞƌĨƌĞŝͿ
ƵŶĚǀĞƌƌŝŶŐĞƌƚĚŝĞŬƂƌƉĞƌůŝĐŚĞ
ĞůĂƐƚƵŶŐ͘ŝŶƐĂƚnjďĞŝƌĞůĂƟǀŚĂƌƚĞŶ
DĂƚĞƌŝĂůŝĞŶ͕nj͘͘^ƚĂŚů͕'ƌĂƵŐƵƐƐ͕
<ƵƉĨĞƌƵŶĚĂŶĚĞƌĞŶDĞƚĂůůĞŶ͘
ĞƌŐƌŽƘĞ^ĐŚŶĞŝĚĞŶͲ
njǁŝƐĐŚĞŶƌĂƵŵĨƺŚƌƚŐƵƚĚŝĞ
^ƉćŶĞĂďƵŶĚŝƐƚďĞƐŽŶĚĞƌƐ
ŐĞĞŝŐŶĞƚĨƺƌůƵŵŝŶŝƵŵ͕
<ƵƉĨĞƌ͕ŝŶŬůĞŐŝĞƌƵŶŐĞŶ͕
<ƵŶƐƚƐƚŽīĞ͕,ĂƌƚŐƵŵŵŝƵŶĚ
ǁĞŝƚĞƌĞǁĞŝĐŚĞEͲDĞƚĂůůĞ͘
'ŽŽĚƐƚŽĐŬƌĞŵŽǀĂůĂŶĚ
ĞdžĐĞůůĞŶƚƐƵƌĨĂĐĞĮŶŝƐŚĞƐ͘
ƉƉůŝĐĂƟŽŶ͗
ƐƚĞĞů͕ĐĂƐƚŝƌŽŶ͕ĐŽƉƉĞƌ
ĂůůŽLJƐ͕ĂŶĚŽƚŚĞƌŵĞƚĂůƐ͘
WĞƌŵŝƚƐĨĂƐƚĞƌƉĞŶĞƚƌĂƟŽŶĂŶĚ
ƐƚŽĐŬƌĞŵŽǀĂů͘
ƉƉůŝĐĂƟŽŶ͗
ƐƚĞĞů͕ĐĂƐƚŝƌŽŶ͕ĐŽƉƉĞƌĂůůŽLJƐ͕ĂŶĚ
ŽƚŚĞƌŵĞƚĂůƐ͘
&ĞĂƚƵƌĞƐǁŝĚĞŇƵƚĞƐĨŽƌĞĂƐLJ
ĐŚŝƉƌĞŵŽǀĂůĂŶĚĂŶĂĚǀĂŶͲ
ĐĞĚƌĞůŝĞĨĚĞƐŝŐŶĨŽƌĂĚĚĞĚ
ƐƚƌĞŶŐƚŚĂŶĚůŽŶŐĞƌƚŽŽůůŝĨĞ͘
ƉƉůŝĐĂƟŽŶ͗
ĂůƵŵŝŶŝƵŵ͕ďƌĂƐƐ͕njŝŶĐĂůůŽLJƐ͕
ŵŽƐƚƉůĂƐƟĐƐĂŶĚƐŽŌŶŽŶĨĞƌͲ
ƌŽƵƐŵĂƚĞƌŝĂůƐ͘
^ŽŶĚĞƌǀĞƌnjĂŚŶƵŶŐĞŶĂƵĨŶĨƌĂŐĞͬĂǀĂŝůĂďůĞŽŶƌĞƋƵĞƐƚ
^ƉĂŶďƌĞĐŚĞƌ
ŚŝƉƌĞĂŬĞƌ
'ƌŽďǀĞƌnjĂŚŶƵŶŐ
ŽĂƌƐĞƵƚ
&ĞŝŶǀĞƌnjĂŚŶƵŶŐ
&ŝŶĞƵƚ
ŝĂŵĂŶƚǀĞƌnjĂŚŶƵŶŐ
ŝĂŵŽŶĚƵƚ
tŝƌĚĞŵƉĨŽŚůĞŶďĞŝƐĞŚƌ
ŚĂƌƚĞŶDĂƚĞƌŝĂůŝĞŶƺďĞƌ
ϱϱΣ,Z͘
ƵĞŵƉĨĞŚůĞŶďĞŝŐĞŚćƌͲ
ƚĞƚĞŶ^ƚćŚůĞŶƵŶĚďĞŝ
^ƚćŚůĞŶŵŝƚĞŝŶĞƌnjćŚĞŶ
>ĞŐŝĞƌƵŶŐ͘,ŝĞƌďĞŝŐĞŚƚ
ĚĞƌďƚƌĂŐnjƵůĂƐƚĞŶĚĞƌ
KďĞƌŇćĐŚĞŶƋƵĂůŝƚćƚ͘
&ŽƌƵƐĞŽŶŵĂƚĞƌŝĂůƐǁŝƚŚ
ĂŚĂƌĚŶĞƐƐŝŶƚŚĞƌĂŶŐĞ
ŽĨϱϱΣ,Z͘
hƐĞĚŽŶŚĞĂƚͲƚƌĞĂƚĞĚĂŶĚ
ƚŽƵŐŚĂůůŽLJƐƚĞĞůƐ͘^ƚŽĐŬ
ƌĞŵŽǀĂůŝƐŝŶĐƌĞĂƐĞĚͲ
ĮŶŝƐŚŝƐƐĂĐƌŝĮĐĞĚ͘
tćŚůĞŶ^ŝĞĚŝĞ&ƌćƐĞƌĨŽƌŵƉĂƐƐĞŶĚnjƵ/ŚƌĞŵtĞƌŬƐƚƺĐŬƐŽ͕ĚĂƐƐĞŝŶĞ
ŵĂdžŝŵĂůĞĞĐŬƵŶŐnjǁŝƐĐŚĞŶĚĞŶ^ĐŚŶĞŝĚĞŶƵŶĚĚĞƌKďĞƌŇćĐŚĞĞƌnjŝĞůƚǁŝƌĚ͘
ƌĞŚnjĂŚůĞŵƉĨĞŚůƵŶŐĨƺƌ&ƌćƐƐƟŌĞŵŝƚ
ŶŽƌŵĂůĞŶ^ĐŚĂŌ͗
^ĞůĞĐƚƚŚĞƐŚĂƉĞǁŚŝĐŚĐŽŶĨŽƌŵƐƚŽLJŽƵƌǁŽƌŬƉŝĞĐĞ͘DĂdžŝŵŝnjĞƚŚĞĂƌĞĂŽĨ
ĐŽŶƚĂĐƚďĞƚǁĞĞŶƚŚĞƚŽŽůĂŶĚŵĂƚĞƌŝĂů͘
ZĞĐŽŵŵĞŶĚĞĚZWDĨŽƌďƵƌƐ͗
Tŵŵ
Ϯŵŵ
ϲϬʹϭϬϬ͘ϬϬϬ
ϯŵŵ
ϰϬʹϳϬ͘ϬϬϬ
ϱŵŵ
ϯϱʹϲϬ͘ϬϬϬ
ϲŵŵ
ϯϬʹϱϬ͘ϬϬϬ
ϴŵŵ
ϮϬʹϰϬ͘ϬϬϬ
ϭϬŵŵ
ϮϬʹϰϬ͘ϬϬϬ
ϭϮŵŵ
ϭϱʹϰϬ͘ϬϬϬ
ϭϲŵŵ
ϭϮʹϮϱ͘ϬϬϬ
ϭϵŵŵ
ϭϬʹϮϬ͘ϬϬϬ
Ϯϱŵŵ
ϱʹϮϬ͘ϬϬϬ
ĞŝůćŶŐĞƌĞŶ^ĐŚćŌĞŶŵƵƐƐĚŝĞƌĞŚnjĂŚů
ǀĞƌƌŝŶŐĞƌƚǁĞƌĚĞŶ͘
dŚĞƌŽƚĂƟŽŶƐƉĞĞĚŚĂƐƚŽďĞƌĞĚƵĐĞĚ
ŝĨƚŚĞƐŚĂŶŬŝƐůŽŶŐĞƌ͘
ϴ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
,ZdDd>>&Z^ZͬhZ^
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕LJůŝŶĚĞƌ
ƵƌƐ͕LJůŝŶĚĞƌ
ĚϮ
Ěϭ
ůϮ
ůϭ
ϯ
^ƚŬͬ͘ƉĐ
ϭ͕Ϭ
ϰ͕Ϭ
ϰϬ
Ͷ
ϲϮϳϰϬϬϭ
ϯ
ϭ͕ϱ
ϲ͕Ϭ
ϯϴ
ϲϮϳϰϭϬϮ<
ϲϮϳϰϭϬϮ
ϯ
ϭ͕ϱ
ϲ͕Ϭ
ϱϬ
ϲϮϳϰϭϬϯ<
Ͷ
ϯ
ϭ͕ϱ
ϲ͕Ϭ
ϳϱ
ϲϮϳϰϭϬϰ<
Ͷ
ϯ
Ϯ͕Ϭ
ϰ͕Ϭ
ϰϬ
Ͷ
ϲϮϳϰϭϬϱ
ϯ
Ϯ͕ϱ
ϭϭ͕Ϭ
ϯϴ
ϲϮϳϰϭϬϲ<
ϲϮϳϰϭϬϲ
ϯ
ϯ͕Ϭ
ϭϰ͕Ϭ
ϯϴ
ϲϮϳϰϭϬϳ<
ϲϮϳϰϭϬϳ
ϯ
ϯ͕Ϭ
ϭϰ͕Ϭ
ϱϬ
ϲϮϳϰϭϬϴ<
Ͷ
ϯ
ϯ͕Ϭ
ϭϰ͕Ϭ
ϳϲ
ϲϮϳϰϭϬϵ<
Ͷ
ϯ
ϰ͕Ϭ
ϭϮ͕Ϭ
ϯϴ
ϲϮϳϰϭϭϭ<
ϲϮϳϰϭϭϭ
ϯ
ϱ͕Ϭ
ϭϮ͕Ϭ
ϯϴ
ϲϮϳϰϭϭϮ<
ϲϮϳϰϭϭϮ
ϯ
ϲ͕ϯ
ϭϮ͕ϳ
ϱϬ
ϲϮϳϰϭϭϯ<
ϲϮϳϰϭϭϯ
ϲ
ϲ͕Ϭ
ϭϲ͕Ϭ
ϱϬ
ϲϮϳϰϭϭϰ<
Ͷ
ϲ
ϴ͕Ϭ
ϭϵ͕Ϭ
ϲϯ
ϲϮϳϰϭϭϱ<
Ͷ
ϲ
ϭϬ͕Ϭ
ϮϬ͕Ϭ
ϲϰ
ϲϮϳϰϭϭϲ<
Ͷ
ϲ
ϭϮ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϭϭϳ<
Ͷ
dŝ/EĞƐĐŚŝĐŚƚƵŶŐĂƵĨŶĨƌĂŐĞ
dŝ/EĐŽĂƟŶŐŽŶƌĞƋƵĞƐƚ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕LJůŝŶĚĞƌŵŝƚ^ƟƌŶǀĞƌnjĂŚŶƵŶŐ
ƵƌƐ͕LJůŝŶĚĞƌͲĞŶĚĐƵƚ
ĚϮ
Ěϭ
ůϮ
ůϭ
Ϯ͕ϯϱ
Ϭ͕ϴ
ϰ͕Ϭ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϭϱϭ
^ƚŬͬ͘ƉĐ
Ϯ͕ϯϱ
ϭ͕Ϭ
ϰ͕Ϭ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϭϱϮ
Ϯ͕ϯϱ
ϭ͕Ϯ
ϰ͕Ϭ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϭϱϯ
Ϯ͕ϯϱ
ϭ͕ϰ
ϰ͕Ϭ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϭϱϰ
Ϯ͕ϯϱ
ϭ͕ϲ
ϰ͕Ϭ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϭϱϱ
ϯ
ϯ͕Ϭ
Ͷ
ϯϴ
Ͷ
ϲϮϳϰϭϱϲ
ϯ
ϭ͕ϱ
ϲ͕Ϭ
ϯϴ
ϲϮϳϰϭϱϳ<
ϲϮϳϰϭϱϳ
ϯ
ϭ͕ϱ
ϲ͕Ϭ
ϱϬ
ϲϮϳϰϭϱϴ<
ϲϮϳϰϭϱϴ
ϯ
Ϯ͕ϱ
ϭϭ͕Ϭ
ϯϴ
ϲϮϳϰϭϱϵ<
ϲϮϳϰϭϱϵ
ϯ
ϯ͕Ϭ
ϭϰ͕Ϭ
ϯϴ
ϲϮϳϰϭϲϭ<
ϲϮϳϰϭϲϭ
ϯ
ϯ͕Ϭ
ϭϰ͕Ϭ
ϱϬ
ϲϮϳϰϭϲϮ<
ϲϮϳϰϭϲϮ
ϯ
ϰ͕ϳ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϭϲϯ<
ϲϮϳϰϭϲϯ
ϯ
ϲ͕ϯ
ϭϮ͕ϳ
ϱϬ
ϲϮϳϰϭϲϰ<
ϲϮϳϰϭϲϰ
ϲ
ϯ͕Ϭ
ϭϮ͕Ϭ
ϱϬ
ϲϮϳϰϭϲϱ<
Ͷ
ϲ
ϲ͕Ϭ
ϭϵ͕Ϭ
ϱϬ
ϲϮϳϰϭϲϲ<
Ͷ
ϲ
ϲ͕Ϭ
ϭϮ͕ϳ
ϭϭϰ
ϲϮϳϰϭϲϳ<
Ͷ
ϲ
ϲ͕Ϭ
ϭϮ͕ϳ
ϭϲϯ
ϲϮϳϰϭϲϵ<
Ͷ
ϲ
ϴ͕Ϭ
ϭϵ͕Ϭ
ϲϯ
ϲϮϳϰϭϳϭ<
Ͷ
ϲ
ϭϬ͕Ϭ
ϮϬ͕Ϭ
ϲϰ
ϲϮϳϰϭϳϮ<
Ͷ
ϲ
ϭϬ͕Ϭ
ϮϬ͕Ϭ
ϭϮϬ
ϲϮϳϰϭϳϯ<
Ͷ
ϲ
ϭϬ͕Ϭ
ϮϬ͕Ϭ
ϭϳϭ
ϲϮϳϰϭϳϰ<
Ͷ
ϲ
ϭϮ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϭϳϱ<
Ͷ
ϲ
ϭϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϭϳϲ<
Ͷ
ϲ
ϭϵ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϭϳϳ<
Ͷ
^ĐŚůĞŝĨŵĂƐĐŚŝŶĞŶ^͘ϭϴϲ
ŐƌŝŶĚŝŶŐŵĂĐŚŝŶĞƐƉ͘ϭϴϲ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϵ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
,ZdDd>>&Z^ZͬhZ^
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕tĂůnjĞŶƌƵŶĚ
ƵƌƐ͕LJůŝŶĚĞƌͲZĂĚŝƵƐŶĚ
ĚϮ
Ěϭ
ůϮ
ůϭ
Ϯ͕ϯϱ
Ϯ͕ϯϱ
^ƚŬͬ͘ƉĐ
Ϯ͕ϯ
ϴ͕Ϭ
ϰϰ͕ϱ
ϲϮϳϰϮϬϭ<
Ͷ
ϲ͕Ϭ
ϭϮ͕ϱ
ϰϰ͕ϱ
ϲϮϳϰϮϬϮ<
Ͷ
ϯ
ϭ͕Ϭ
ϰ͕Ϭ
ϰϬ
Ͷ
ϲϮϳϰϮϬϯ
ϯ
ϭ͕ϱ
ϰ͕Ϭ
ϰϬ
Ͷ
ϲϮϳϰϮϬϰ
ϯ
Ϯ͕Ϭ
ϰ͕Ϭ
ϰϬ
Ͷ
ϲϮϳϰϮϬϱ
ϯ
Ϯ͕ϱ
ϭϭ͕Ϭ
ϯϴ
ϲϮϳϰϮϬϲ<
Ͷ
ϯ
ϯ͕Ϭ
ϭϰ͕Ϭ
ϯϴ
ϲϮϳϰϮϬϳ<
ϲϮϳϰϮϬϳ
ϯ
ϯ͕Ϭ
ϭϰ͕Ϭ
ϱϬ
ϲϮϳϰϮϬϴ<
Ͷ
ϯ
ϰ͕Ϭ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϮϬϵ<
Ͷ
ϯ
ϲ͕ϯ
ϭϮ͕ϳ
ϱϬ
ϲϮϳϰϮϭϭ<
ϲϮϳϰϮϭϭ
ϲ
ϯ͕Ϭ
ϭϮ͕Ϭ
ϱϬ
ϲϮϳϰϮϭϮ<
Ͷ
ϲ
ϲ͕Ϭ
ϭϵ͕Ϭ
ϱϬ
ϲϮϳϰϮϭϯ<
Ͷ
ϲ
ϴ͕Ϭ
ϭϵ͕Ϭ
ϲϯ
ϲϮϳϰϮϭϰ<
Ͷ
ϲ
ϭϬ͕Ϭ
ϮϬ͕Ϭ
ϲϰ
ϲϮϳϰϮϭϱ<
Ͷ
ϲ
ϭϬ͕Ϭ
ϮϬ͕Ϭ
ϭϳϭ
ϲϮϳϰϮϭϲ<
Ͷ
ϲ
ϭϮ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϮϭϳ<
Ͷ
ϲ
ϭϮ͕ϳ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϮϭϴ<
Ͷ
ϲ
ϭϵ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϮϭϵ<
Ͷ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕<ƵŐĞů
ƵƌƐ͕Ăůů^ŚĂƉĞ
ĚϮ
Ěϭ
Ϯ͕ϯϱ
Ϭ͕Ϯ
ůϮ
Ϭ͕Ϯ
ůϭ
ϰϰ͕ϱ
^ƚŬͬ͘ƉĐ
Ͷ
ϲϮϳϰϮϱϭ
Ϯ͕ϯϱ
Ϭ͕ϰ
Ϭ͕ϰ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϱϮ
Ϯ͕ϯϱ
Ϭ͕ϱ
Ϭ͕ϱ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϱϯ
Ϯ͕ϯϱ
Ϭ͕ϳ
Ϭ͕ϳ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϱϰ
Ϯ͕ϯϱ
Ϭ͕ϴ
Ϭ͕ϴ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϱϱ
Ϯ͕ϯϱ
Ϭ͕ϵ
Ϭ͕ϵ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϱϲ
Ϯ͕ϯϱ
ϭ͕Ϭ
ϭ͕Ϭ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϱϳ
Ϯ͕ϯϱ
ϭ͕Ϯ
ϭ͕Ϯ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϱϴ
Ϯ͕ϯϱ
ϭ͕ϰ
ϭ͕ϰ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϱϵ
Ϯ͕ϯϱ
ϭ͕ϲ
ϭ͕ϲ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϲϭ
Ϯ͕ϯϱ
ϭ͕ϴ
ϭ͕ϴ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϲϮ
Ϯ͕ϯϱ
Ϯ͕ϭ
Ϯ͕ϭ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϲϯ
Ϯ͕ϯϱ
ϯ͕Ϭ
Ϯ͕ϴ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϲϰ
Ϯ͕ϯϱ
ϯ͕ϱ
ϯ͕Ϯϱ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϮϲϱ
ϯ
Ϭ͕ϳ
Ϭ͕ϳ
ϯϴ
Ͷ
ϲϮϳϰϮϲϲ
ϯ
ϭ͕Ϭ
ϭ͕Ϭ
ϯϴ
Ͷ
ϲϮϳϰϮϲϳ
ϯ
ϭ͕ϱ
ϭ͕ϱ
ϯϴ
Ͷ
ϲϮϳϰϮϲϵ
ϯ
Ϯ͕Ϭ
Ϯ͕Ϭ
ϯϴ
ϲϮϳϰϮϳϯ<
ϲϮϳϰϮϳϯ
&KZd^dhE'h&E,^dZ^/d
dKKEd/EhKEEydW'
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
ϭϬ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ZĞĚƵnjŝĞƌŚƺůƐĞŶ^͘ϳϳ
ƌĞĚƵĐŝŶŐƐůĞĞǀĞƉ͘ϳϳ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
,ZdDd>>&Z^ZͬhZ^
&KZd^dhE'ͬKEd/Ehd/KE
ĚϮ
Ěϭ
ůϮ
ůϭ
^ƚŬͬ͘ƉĐ
ϯ
Ϯ͕ϯ
Ϯ͕ϭ
ϯϴ
ϲϮϳϰϮϳϰ<
Ͷ
ϯ
ϯ͕Ϭ
Ϯ͕ϰ
ϯϴ
ϲϮϳϰϮϳϱ<
ϲϮϳϰϮϳϱ
ϯ
ϯ͕Ϭ
Ϯ͕ϰ
ϱϬ
ϲϮϳϰϮϳϲ<
ϲϮϳϰϮϳϲ
ϯ
ϰ͕Ϭ
ϯ͕ϰ
ϯϴ
ϲϮϳϰϮϳϳ<
Ͷ
ϯ
ϰ͕ϳ
ϰ͕ϱ
ϯϴ
ϲϮϳϰϮϳϴ<
Ͷ
ϯ
ϲ͕ϯ
ϱ͕ϱ
ϰϯ
ϲϮϳϰϮϳϵ<
ϲϮϳϰϮϳϵ
ϲ
ϰ͕ϳ
ϰ͕ϱ
ϱϬ
ϲϮϳϰϮϴϭ<
Ͷ
ϲ
ϲ͕Ϭ
ϱ͕ϱ
ϱϬ
ϲϮϳϰϮϴϮ<
Ͷ
ϲ
ϴ͕Ϭ
ϲ͕Ϭ
ϱϬ
ϲϮϳϰϮϴϯ<
Ͷ
ϲ
ϭϬ͕Ϭ
ϵ͕Ϭ
ϱϮ
ϲϮϳϰϮϴϰ<
Ͷ
ϲ
ϭϮ͕ϳ
ϭϭ͕Ϭ
ϱϰ
ϲϮϳϰϮϴϱ<
Ͷ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕dƌŽƉĨĞŶ
ƵƌƐ͕KǀĂů^ŚĂƉĞ
ůϮ
ůϭ
Ϯ͕ϯϱ
ĚϮ
Ϯ͕ϵ
Ěϭ
ϱ͕Ϭ
ϰϰ͕ϱ
ϲϮϳϰϯϬϭ<
Ͷ
^ƚŬͬ͘ƉĐ
Ϯ͕ϯϱ
ϲ͕Ϭ
ϵ͕ϰ
ϰϰ͕ϱ
ϲϮϳϰϯϬϮ<
Ͷ
ϯ
ϭ͕ϱ
ϰ͕Ϭ
ϰϬ
Ͷ
ϲϮϳϰϯϬϯ
ϯ
ϯ͕Ϭ
ϱ͕ϱ
ϯϴ
ϲϮϳϰϯϬϱ<
ϲϮϳϰϯϬϱ
ϯ
ϰ͕ϳ
ϳ͕ϭ
ϯϴ
ϲϮϳϰϯϬϲ<
Ͷ
ϯ
ϲ͕ϯ
ϵ͕ϱ
ϰϳ
ϲϮϳϰϯϬϳ<
ϲϮϳϰϯϬϳ
ϲ
ϲ͕Ϭ
ϵ͕ϱ
ϱϬ
ϲϮϳϰϯϬϴ<
Ͷ
ϲ
ϭϮ͕ϳ
ϮϮ͕Ϭ
ϲϲ
ϲϮϳϰϯϬϵ<
Ͷ
ZĞĚƵnjŝĞƌŚƺůƐĞŶ^͘ϳϳ
ƌĞĚƵĐŝŶŐƐůĞĞǀĞƉ͘ϳϳ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕ZƵŶĚďŽŐĞŶ
ƵƌƐ͕dƌĞĞ^ŚĂƉĞͲZĂĚŝƵƐŶĚ
ĚϮ
Ěϭ
ůϮ
ůϭ
^ƚŬͬ͘ƉĐ
Ϯ͕ϯϱ
ϰ͕Ϭ
ϴ͕ϵ
ϰϰ͕ϱ
ϲϮϳϰϯϱϭ<
Ͷ
Ϯ͕ϯϱ
ϲ͕Ϭ
ϭϮ͕Ϯ
ϰϰ͕ϱ
ϲϮϳϰϯϱϮ<
Ͷ
ϯ
ϭ͕ϰ
ϰ͕Ϭ
ϰϬ
Ͷ
ϲϮϳϰϯϱϯ
ϯ
Ϯ͕Ϭ
ϲ͕Ϭ
ϯϴ
ϲϮϳϰϯϱϰ<
Ͷ
ϯ
ϯ͕Ϭ
ϲ͕ϯ
ϯϴ
ϲϮϳϰϯϱϱ<
Ͷ
ϯ
ϯ͕Ϭ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϯϱϲ<
ϲϮϳϰϯϱϲ
ϯ
ϰ͕ϳ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϯϱϳ<
Ͷ
ϯ
ϲ͕ϯ
ϭϮ͕ϳ
ϱϬ
ϲϮϳϰϯϱϴ<
Ͷ
ϲ
ϲ͕Ϭ
ϭϵ͕Ϭ
ϱϬ
ϲϮϳϰϯϱϵ<
Ͷ
ϲ
ϵ͕ϱ
ϭϵ͕Ϭ
ϲϯ
ϲϮϳϰϯϲϭ<
Ͷ
ϲ
ϭϮ͕ϳ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϯϲϮ<
Ͷ
dŝ/EĞƐĐŚŝĐŚƚƵŶŐĂƵĨŶĨƌĂŐĞ
dŝ/EĐŽĂƟŶŐŽŶƌĞƋƵĞƐƚ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϭϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
,ZdDd>>&Z^ZͬhZ^
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕^ƉŝƚnjďŽŐĞŶ
ƵƌƐ͕dƌĞĞ^ŚĂƉĞͲWŽŝŶƚĞĚŶĚ
ĚϮ
Ěϭ
ůϮ
ůϭ
^ƚŬͬ͘ƉĐ
ϯ
ϭ͕ϱ
ϰ͕Ϭ
ϰϬ
Ͷ
ϲϮϳϰϰϬϭ
ϯ
ϯ͕Ϭ
ϲ͕ϯ
ϯϴ
ϲϮϳϰϰϬϯ<
Ͷ
ϯ
ϯ͕Ϭ
ϵ͕ϱ
ϯϴ
ϲϮϳϰϰϬϰ<
Ͷ
ϯ
ϯ͕Ϭ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϰϬϱ<
ϲϮϳϰϰϬϱ
ϯ
ϯ͕Ϭ
ϭϮ͕ϳ
ϱϬ
Ͷ
ϲϮϳϰϰϬϲ
ϯ
ϰ͕ϳ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϰϬϳ<
ϲϮϳϰϰϬϳ
ϯ
ϲ͕ϯ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϰϬϴ<
Ͷ
ϲ
ϲ͕Ϭ
ϭϵ͕Ϭ
ϱϬ
ϲϮϳϰϰϬϵ<
Ͷ
ϲ
ϭϬ͕Ϭ
ϮϬ͕Ϭ
ϲϰ
ϲϮϳϰϰϭϭ<
Ͷ
ϲ
ϭϮ͕ϳ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϰϭϮ<
Ͷ
ϲ
ϭϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϰϭϯ<
Ͷ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕&ůĂŵŵĞ
ƵƌƐ͕&ůĂŵĞ^ŚĂƉĞ
ĚϮ
Ěϭ
ůϮ
ůϭ
^ƚŬͬ͘ƉĐ
ϯ
ϯ͕Ϭ
ϲ͕ϯ
ϯϴ
ϲϮϳϰϰϱϭ<
ϯ
ϰ͕ϳ
ϵ͕ϱ
ϯϴ
ϲϮϳϰϰϱϮ<
ϲ
ϲ͕Ϭ
ϭϲ͕Ϭ
ϱϬ
ϲϮϳϰϰϱϯ<
ϲ
ϭϮ͕ϳ
ϯϭ͕Ϭ
ϳϱ
ϲϮϳϰϰϱϰ<
ϲ
ϭϵ͕Ϭ
ϰϭ͕Ϭ
ϴϰ
ϲϮϳϰϰϱϱ<
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕dƌĂƉĞnj
ƵƌƐ͕/ŶǀĞƌƚĞĚŽŶĞ^ŚĂƉĞ
ĚϮ
Ěϭ
ůϮ
ůϭ
Ϯ͕ϯϱ
Ϭ͕ϴ
Ϭ͕ϴ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϱϬϭ
Ύ
Ϯ͕ϯϱ
ϭ͕Ϭ
ϭ͕Ϭ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϱϬϮ
Ύ
Ϯ͕ϯϱ
ϭ͕Ϯ
ϭ͕Ϯ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϱϬϯ
Ύ
Ϯ͕ϯϱ
ϭ͕ϰ
ϭ͕ϰ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϱϬϰ
Ύ
Ϯ͕ϯϱ
ϭ͕ϲ
ϭ͕ϲ
ϰϰ͕ϱ
Ͷ
ϲϮϳϰϱϬϱ
Ύ
ϯ
Ϯ͕ϯ
ϯ͕Ϭ
ϯϴ
ϲϮϳϰϱϬϲ<
Ͷ
ϯ
ϯ͕Ϭ
ϰ͕ϳ
ϯϴ
ϲϮϳϰϱϬϳ<
ϲϮϳϰϱϬϳ
ϯ
ϰ͕ϳ
ϲ͕ϯ
ϯϴ
ϲϮϳϰϱϬϴ<
ϲϮϳϰϱϬϴ
ϯ
ϲ͕ϯ
ϲ͕ϯ
ϰϰ
ϲϮϳϰϱϬϵ<
Ͷ
ϲ
ϭϮ͕ϳ
ϭϮ͕ϳ
ϱϲ
ϲϮϳϰϱϭϭ<
Ͷ
^ƚŬͬ͘ƉĐ
ΎsWϱ^ƚŬͬ͘ƉƵ͘ϱƉĐƐ͘
&ĞŝůŵĂƐĐŚŝŶĞŶ^͘ϭϵϱ
ŐƌŝŶĚŝŶŐŵĂĐŚŝŶĞƐƉ͘ϭϵϱ
ZĞĚƵnjŝĞƌŚƺůƐĞŶ
ZĞĚƵĐŝŶŐƐůĞĞǀĞ
&ƺƌĂůůĞϯ͕Ϭŵŵ^ƉĂŶŶnjĂŶŐĞŶ͘
ϯŵŵ
ĂƵĨͬƵƉƚŽ
Eƌͬ͘EŽ͘
Ϭ͕ϰ
Ϭ͕ϱ
&ŽƌĂůůϯ͘ϬŵŵĐŽůůĞƚĐŚƵĐŬƐ͘
^ƚŬͬ͘ƉĐ
ϯŵŵ
ĂƵĨͬƵƉƚŽ
Eƌͬ͘EŽ͘
ϱϲϬϬϬϲϬͬϬϰ
ϭ͕Ϭ
ϱϲϬϬϬϲϬͬϬϱ
ϭ͕ϭ
Ϭ͕ϲ
ϱϲϬϬϬϲϬͬϬϲ
Ϭ͕ϳ
ϯŵŵ
ĂƵĨͬƵƉƚŽ
Eƌͬ͘EŽ͘
ϱϲϬϬϬϲϬͬϭϬ
ϭ͕ϲ
ϱϲϬϬϬϲϬͬϭϲ
ϱϲϬϬϬϲϬͬϭϭ
ϭ͕ϳ
ϱϲϬϬϬϲϬͬϭϳ
ϭ͕Ϯ
ϱϲϬϬϬϲϬͬϭϮ
ϭ͕ϴ
ϱϲϬϬϬϲϬͬϭϴ
ϱϲϬϬϬϲϬͬϬϳ
ϭ͕ϯ
ϱϲϬϬϬϲϬͬϭϯ
ϭ͕ϵ
ϱϲϬϬϬϲϬͬϭϵ
Ϭ͕ϴ
ϱϲϬϬϬϲϬͬϬϴ
ϭ͕ϰ
ϱϲϬϬϬϲϬͬϭϰ
Ϯ͕Ϭ
ϱϲϬϬϬϲϬͬϮϬ
Ϭ͕ϵ
ϱϲϬϬϬϲϬͬϬϵ
ϭ͕ϱ
ϱϲϬϬϬϲϬͬϭϱ
Ϯ͕ϯϱ
ϱϲϬϬϬϲϬͬϮϯ
^ƚŬͬ͘ƉĐ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
ϭϮ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
^ƚŬͬ͘ƉĐ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
,ZdDd>>&Z^ZͬhZ^
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕ZƵŶĚŬĞŐĞůϭϰΣ
ƵƌƐ͕ϭϰΣdĂƉĞƌͲ^ŚĂƉĞ
ĚϮ
Ěϭ
ůϮ
ůϭ
Ϯ͕ϯϱ
ϯ͕ϭ
ϭϭ͕ϱ
ϰϰ͕ϱ
^ƚŬͬ͘ƉĐ
ϲϮϳϰϱϱϭ<
Ͷ
Ϯ͕ϯϱ
ϰ͕Ϭ
ϭϰ͕ϭ
ϰϰ͕ϱ
ϲϮϳϰϱϱϮ<
Ͷ
Ϯ͕ϯϱ
ϲ͕Ϭ
ϭϱ͕Ϭ
ϰϰ͕ϱ
ϲϮϳϰϱϱϯ<
Ͷ
ϯ
ϯ͕Ϭ
ϵ͕ϱ
ϯϴ
ϲϮϳϰϱϱϰ<
ϲϮϳϰϱϱϰ
ϯ
ϯ͕Ϭ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϱϱϱ<
ϲϮϳϰϱϱϱ
ϯ
ϰ͕ϳ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϱϱϲ<
Ͷ
ϲ
ϲ͕Ϭ
ϭϲ͕Ϭ
ϱϬ
ϲϮϳϰϱϱϳ<
Ͷ
ϲ
ϵ͕ϱ
Ϯϳ͕Ϭ
ϳϭ
ϲϮϳϰϱϱϴ<
ϲϮϳϰϱϱϴ
ϲ
ϭϮ͕ϳ
Ϯϴ͕Ϭ
ϳϮ
ϲϮϳϰϱϱϵ<
Ͷ
ϲ
ϭϲ͕Ϭ
ϯϯ͕Ϭ
ϳϲ
ϲϮϳϰϱϲϭ<
Ͷ
dŝ/EĞƐĐŚŝĐŚƚƵŶŐĂƵĨŶĨƌĂŐĞ
dŝ/EĐŽĂƟŶŐŽŶƌĞƋƵĞƐƚ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕^ƉŝƚnjŬĞŐĞů
ƵƌƐ͕ŽŶĞ^ŚĂƉĞ
ĚϮ
Ěϭ
ůϮ
ůϭ
Ϯ͕ϯϱ
ϭ͕ϲ
ϴ͕Ϭ
ϰϰ͕ϱ
ϲϮϳϰϲϬϭ<
Ͷ
Ϯ͕ϯϱ
Ϯ͕ϯ
ϭϳ͕Ϭ
ϰϰ͕ϱ
ϲϮϳϰϲϬϮ<
Ͷ
Ϯ͕ϯϱ
ϲ͕Ϭ
ϭϯ͕ϵ
ϰϰ͕ϱ
ϲϮϳϰϲϬϯ<
Ͷ
ϯ
ϯ͕Ϭ
ϴ͕ϳ
ϯϴ
ϲϮϳϰϲϬϰ<
ϲϮϳϰϲϬϰ
ϯ
ϯ͕Ϭ
ϭϯ͕Ϭ
ϯϴ
ϲϮϳϰϲϬϱ<
ϲϮϳϰϲϬϱ
ϯ
ϯ͕Ϭ
ϭϲ͕Ϭ
ϯϴ
ϲϮϳϰϲϬϲ<
ϲϮϳϰϲϬϲ
ϯ
ϰ͕ϳ
ϭϮ͕ϳ
ϯϴ
ϲϮϳϰϲϬϳ<
Ͷ
ϯ
ϲ͕ϯ
ϭϮ͕ϳ
ϱϬ
ϲϮϳϰϲϬϴ<
Ͷ
ϲ
ϲ͕Ϭ
ϭϮ͕ϳ
ϱϬ
ϲϮϳϰϲϬϵ<
Ͷ
ϲ
ϲ͕Ϭ
ϭϵ͕Ϭ
ϱϬ
ϲϮϳϰϲϭϭ<
Ͷ
^ƚŬͬ͘ƉĐ
ϲ
ϭϬ͕Ϭ
ϮϬ͕Ϭ
ϲϰ
ϲϮϳϰϲϭϮ<
Ͷ
ϲ
ϭϮ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϲϭϯ<
Ͷ
ϲ
ϭϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϲϭϰ<
Ͷ
&ƌćƐĞƌͲ^ĞƚƐ͕^͘ϭϲ
^ĞƚŽĨďƵƌƐ͕Ɖ͘ϭϲ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϭϯ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
,ZdDd>>&Z^ZͬhZ^
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌ͕<ŽŶŝƐĐŚϲϬΣ͕ϵϬΣ
ƵƌƐ͕ŽŶĞ^ŚĂƉĞϲϬΣ͕ϵϬΣ
ĚϮ
ә
Ěϭ
ůϮ
ůϭ
ϯ
ϲϬΣ
ϯ͕Ϭ
Ϯ͕ϯ
ϯϴ
ϲϮϳϰϲϱϭ<
ϲ
ϲϬΣ
ϲ͕Ϭ
ϱ͕Ϭ
ϱϬ
ϲϮϳϰϲϱϮ<
ϲ
ϲϬΣ
ϭϲ͕Ϭ
ϭϰ͕Ϭ
ϲϬ
ϲϮϳϰϲϱϯ<
ϯ
ϵϬΣ
ϯ͕Ϭ
ϭ͕ϱ
ϯϴ
ϲϮϳϰϲϱϰ<
ϲ
ϵϬΣ
ϲ͕Ϭ
ϯ͕Ϭ
ϱϬ
ϲϮϳϰϲϱϱ<
ϲ
ϵϬΣ
ϭϲ͕Ϭ
ϴ͕Ϭ
ϱϲ
ϲϮϳϰϲϱϲ<
^ƚŬͬ͘ƉĐ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌĨƺƌ'&<
ƵƌƐ͕&ŝďƌĞŐůĂƐƐZŽƵƚĞƌƐ
ĚϮ
Ěϭ
ůϮ
ůϭ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ŽŚŶĞ^ƟƌŶƐĐŚŶĞŝĚĞŶͬŶŽĞŶĚĐƵƚ
ϯ
ϯ͕Ϭ
ϭϮ͕Ϭ
ϯϴ
ϲϮϳϰϳϬϭ
ϲ
ϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϯ
ϲϮϳϰϳϬϮ
ŵŝƚ^ƟƌŶƐĐŚŶĞŝĚĞŶͬďƵƌĞŶĚĐƵƚ
ϯ
ϯ͕Ϭ
ϭϮ͕Ϭ
ϯϴ
ϲϮϳϰϳϬϯ
ϲ
ϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϯ
ϲϮϳϰϳϬϰ
ŵŝƚϮ^ƟƌŶƐĐŚŶĞŝĚĞŶͬĞŶĚŵŝůůĞŶĚĐƵƚ
ϯ
ϯ͕Ϭ
ϭϮ͕Ϭ
ϯϴ
ϲϮϳϰϳϬϱ
ϲ
ϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϯ
ϲϮϳϰϳϬϲ
ŵŝƚϭϯϱΣŽŚƌĞƌƐƉŝƚnjĞͬϭϯϱΣĚƌŝůůƉŽŝŶƚ
ϯ
ϯ͕Ϭ
ϭϮ͕Ϭ
ϯϴ
ϲϮϳϰϳϬϳ
ϲ
ϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϯ
ϲϮϳϰϳϬϴ
^ĐŚůĞŝĨƐLJƐƚĞŵĞ͕^͘ϭϴϴ
ŐƌŝŶĚŝŶŐƐLJƐƚĞŵƐ͕Ɖ͘ϭϴϴ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
ϭϰ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌŵŝƚůƵŵŝŶŝƵŵǀĞƌnjĂŚŶƵŶŐ͕LJůŝŶĚƌŝƐĐŚ͕ŵŝƚ^ƟƌŶǀĞƌnjĂŚŶƵŶŐ
ƵƌƐǁŝƚŚĂůƵŵŝŶŝƵŵĐƵƚ͕LJůŝŶĚĞƌǁŝƚŚĞŶĚĐƵƚ
ĚϮ
Ěϭ
ůϮ
ůϭ
ϯ
ϯ͕Ϭ
ϭϯ͕Ϭ
ϰϯ
ϲϮϳϱϳϱϭ
^ƚŬͬ͘ƉĐ
Ύ
ϯ
ϲ͕Ϭ
ϭϯ͕Ϭ
ϰϯ
ϲϮϳϱϳϱϮ
Ύ
ϲ
ϭϬ͕Ϭ
ϭϵ͕Ϭ
ϲϯ
ϲϮϳϱϳϱϯ
ϲ
ϭϮ͕ϳ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϱϳϱϰ
ϲ
ϭϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϱϳϱϱ
ůϭ
ĚϮ
ůϮ
ΎŝŶnjŝŐĂƌƟŐ͗&ƌćƐĞƌŵŝƚƉŽƐŝƟǀĞƌsĞƌnjĂŚŶƵŶŐ
hŶŝƋƵĞ͗ďƵƌǁŝƚŚƉŽƐŝƟǀĞĐƵƚ
Ěϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
,ZdDd>>&Z^Z&mZ>hD/E/hDͬhZ^t/d,>h͘hd
ŐĞĞŝŐŶĞƚĨƺƌǁĞŝĐŚĞ<ƵŶƐƚƐƚŽīĞƵŶĚ<ƵƉĨĞƌ
ĞdžĐĞůůĞŶƚĨŽƌƐŽŌƉůĂƐƟĐƐĂŶĚĐŽƉƉĞƌ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌŵŝƚůƵŵŝŶŝƵŵǀĞƌnjĂŚŶƵŶŐ͕tĂůnjĞŶƌƵŶĚ
ƵƌƐǁŝƚŚĂůƵŵŝŶŝƵŵĐƵƚ͕LJůŝŶĚĞƌͲZĂĚŝƵƐŶĚ
ĚϮ
Ěϭ
ůϮ
ůϭ
^ƚŬͬ͘ƉĐ
ϯ
ϯ͕Ϭ
ϭϯ͕Ϭ
ϰϯ
ϲϮϳϰϴϬϭ
Ύ
ϯ
ϲ͕Ϭ
ϭϯ͕Ϭ
ϰϯ
ϲϮϳϰϴϬϮ
Ύ
ϲ
ϭϬ͕Ϭ
ϮϬ͕Ϭ
ϲϰ
ϲϮϳϰϴϬϯ
ϲ
ϭϮ͕ϳ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϴϬϰ
ϲ
ϭϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϴϬϱ
ůϭ
ůϮ
ΎŝŶnjŝŐĂƌƟŐ͗&ƌćƐĞƌŵŝƚƉŽƐŝƟǀĞƌsĞƌnjĂŚŶƵŶŐ
hŶŝƋƵĞ͗ďƵƌǁŝƚŚƉŽƐŝƟǀĞĐƵƚ
Ěϭ
ĚϮ
ŐĞĞŝŐŶĞƚĨƺƌǁĞŝĐŚĞ<ƵŶƐƚƐƚŽīĞƵŶĚ<ƵƉĨĞƌ
ĞdžĐĞůůĞŶƚĨŽƌƐŽŌƉůĂƐƟĐƐĂŶĚĐŽƉƉĞƌ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌŵŝƚůƵŵŝŶŝƵŵǀĞƌnjĂŚŶƵŶŐ͕<ƵŐĞů
ƵƌƐǁŝƚŚĂůƵŵŝŶŝƵŵĐƵƚ͕Ăůů^ŚĂƉĞ
ĚϮ
Ěϭ
ůϮ
ůϭ
^ƚŬͬ͘ƉĐ
ϯ
ϯ͕Ϭ
Ϯ͕Ϭ
ϯϮ
ϲϮϳϰϴϱϭ
Ύ
ϯ
ϲ͕Ϭ
Ϯ͕Ϭ
ϯϱ
ϲϮϳϰϴϱϮ
Ύ
ϲ
ϭϬ͕Ϭ
ϴ͕Ϭ
ϱϮ
ϲϮϳϰϴϱϯ
ϲ
ϭϮ͕ϳ
ϭϭ͕Ϭ
ϱϰ
ϲϮϳϰϴϱϰ
ϲ
ϭϲ͕Ϭ
ϭϰ͕Ϭ
ϱϴ
ϲϮϳϰϴϱϱ
ůϭ
ĚϮ
ůϮ
ŐĞĞŝŐŶĞƚĨƺƌǁĞŝĐŚĞ<ƵŶƐƚƐƚŽīĞƵŶĚ<ƵƉĨĞƌ
ĞdžĐĞůůĞŶƚĨŽƌƐŽŌƉůĂƐƟĐƐĂŶĚĐŽƉƉĞƌ
ΎŝŶnjŝŐĂƌƟŐ͗&ƌćƐĞƌŵŝƚƉŽƐŝƟǀĞƌsĞƌnjĂŚŶƵŶŐ
hŶŝƋƵĞ͗ďƵƌǁŝƚŚƉŽƐŝƟǀĞĐƵƚ
Ěϭ
,ĂƌƚŵĞƚĂůůĨƌćƐĞƌŵŝƚůƵŵŝŶŝƵŵǀĞƌnjĂŚŶƵŶŐ͕ZƵŶĚďŽŐĞŶ
ƵƌƐǁŝƚŚĂůƵŵŝŶŝƵŵĐƵƚ͕dƌĞĞ^ŚĂƉĞͲZĂĚŝƵƐŶĚ
ĚϮ
Ěϭ
ůϮ
ůϭ
ϯ
ϯ͕Ϭ
ϭϯ͕Ϭ
ϰϯ
ϲϮϳϰϵϬϭ
Ύ
ϯ
ϲ͕Ϭ
ϭϯ͕Ϭ
ϰϯ
ϲϮϳϰϵϬϮ
Ύ
ϲ
ϭϬ͕Ϭ
ϭϵ͕Ϭ
ϲϯ
ϲϮϳϰϵϬϯ
ϲ
ϭϮ͕ϳ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϵϬϰ
ϲ
ϭϲ͕Ϭ
Ϯϱ͕Ϭ
ϲϴ
ϲϮϳϰϵϬϱ
ůϭ
^ƚŬͬ͘ƉĐ
ΎŝŶnjŝŐĂƌƟŐ͗&ƌćƐĞƌŵŝƚƉŽƐŝƟǀĞƌsĞƌnjĂŚŶƵŶŐ
hŶŝƋƵĞ͗ďƵƌǁŝƚŚƉŽƐŝƟǀĞĐƵƚ
ĚϮ
Ěϭ
ůϮ
ŐĞĞŝŐŶĞƚĨƺƌǁĞŝĐŚĞ<ƵŶƐƚƐƚŽīĞƵŶĚ<ƵƉĨĞƌ
ĞdžĐĞůůĞŶƚĨŽƌƐŽŌƉůĂƐƟĐƐĂŶĚĐŽƉƉĞƌ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϭϱ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
,ZdDd>>&Z^Zͳ^d^ͬhZ</d^
DŝĐƌŽƐĂƚnj͕ϭϬͲƚĞŝůŝŐ͕ŝŶĨĂĐŚǀĞƌnjĂŚŶƵŶŐ
DŝĐƌŽƐĞƚ͕ϭϬƉŝĞĐĞƐ͕^ƚĂŶĚĂƌĚƵƚ
ϭϬͲƚĞŝůŝŐĞƐ&ƌćƐĞƌͲ^ĞƚŵŝƚDŝŬƌŽĨƌćƐĞƌŶĂƵĨ
ĞŝŶĞŵϯŵŵ^ĐŚĂŌ
ŵĂdž͘hͬŵŝŶ͘ϭϬϬ͘ϬϬϬ
<ŽƉĨĚƵƌĐŚŵĞƐƐĞƌ͗чϭ͕ϱŵŵ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲϮϳϰϬϭϭ^
^ĞƚŽĨŵŝĐƌŽďƵƌƐǁŝƚŚĂϯŵŵƐŚĂŶŬ͕ĐŽŶͲ
ƚĂŝŶƐϭϬƉŝĞĐĞƐ͘
ŵĂdž͘ƌƉŵϭϬϬ͕ϬϬϬ
ŚĞĂĚĚŝĂŵĞƚĞƌ͗чϭ͘ϱŵŵ
,ĂƌƚŵĞƚĂůůͲZŽƚŽƌĨƌćƐĞƌͲ^Ğƚ͕ϭϬͲƚĞŝůŝŐ͕<ƌĞƵnjǀĞƌnjĂŚŶƵŶŐ
^ĞƚŽĨďƵƌƐ͕ϭϬƉŝĞĐĞƐ͕ŽƵďůĞƵƚ
ϭϬͲƚĞŝůŝŐĞƐ&ƌćƐĞƌͲ^ĞƚĂƵĨĞŝŶĞŵϯŵŵ
^ĐŚĂŌĨƺƌ,/',Ͳ^ƉĞĞĚ
ŵĂdž͘hͬŵŝŶ͘ϭϬϬ͘ϬϬϬ
<ŽƉĨĚƵƌĐŚŵĞƐƐĞƌ͗чϯ͕Ϭŵŵ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲϮϳϰϬϭϮ^
^ĞƚŽĨďƵƌƐǁŝƚŚĂϯŵŵƐŚĂŶŬĨŽƌ,/',
ƐƉĞĞĚ͕ĐŽŶƚĂŝŶƐϭϬƉŝĞĐĞƐ͘
ŵĂdž͘ƌƉŵϭϬϬ͕ϬϬϬ
ŚĞĂĚĚŝĂŵĞƚĞƌ͗чϯ͘Ϭŵŵ
,ĂƌƚŵĞƚĂůůͲZŽƚŽƌĨƌćƐĞƌͲ^Ğƚ͕<ƌĞƵnjǀĞƌnjĂŚŶƵŶŐ
^ĞƚŽĨďƵƌƐ͕ŽƵďůĞƵƚ
&ƌćƐĞƌͲ^ĞƚĂƵĨĞŝŶĞŵϲŵŵ^ĐŚĂŌ
ŵĂdž͘hͬŵŝŶ͘ϲϬ͘ϬϬϬ
^ĞƚŽĨďƵƌƐǁŝƚŚĂϲŵŵƐŚĂŶŬ
ŵĂdž͘ƌƉŵϲϬ͕ϬϬϬ
<ŽƉĨͬ
ŚĞĂĚ
Óŵŵ
ŶnjĂŚů
ƋƵĂŶƟƚLJ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲ
ϲ^ƚŬͬ͘ƉĐƐ͘
ϲϮϳϰϬϭϯ^
ϭϮ
ϱ^ƚŬͬ͘ƉĐƐ͘
ϲϮϳϰϬϭϲ^
ϭϲ
ϲϮϳϰϬϭϯ^
ϲϮϳϰ
ϲϮϳϰϬϭϲ^
hŵĞŝŶĞŽƉƟŵĂůĞ>ĞŝƐƚƵŶŐnjƵĞƌƌĞŝĐŚĞŶ͕ŬĂŶŶĞƐ
ĞƌĨŽƌĚĞƌůŝĐŚƐĞŝŶ͕ĚŝĞƌĞŚnjĂŚůǁĞƌƚĞnjƵƌĞŐƵůŝĞƌĞŶ͘
&ŽƌƚŚĞďĞƐƚƉĞƌĨŽƌŵĂŶĐĞŝƚĐŽƵůĚďĞŶĞĐĐĞƐƐĂƌLJƚŽ
ƌĞŐƵůĂƚĞƚŚĞƌŽƚĂƟŽŶƐƉĞĞĚ͘
,ćƌƚĞƌĞDĂƚĞƌŝĂůŝĞŶĞƌĨŽƌĚĞƌŶŐĞƌŝŶŐĞƌĞƌĞŚnjĂŚůĞŶ͘
,ĂƌĚŵĂƚĞƌŝĂůƐŶĞĞĚƌĞĚƵĐĞĚƐƉĞĞĚ͘
<ůĞŝŶĞ&ƌćƐĞƌĞƌĨŽƌĚĞƌŶŚƂŚĞƌĞƌĞŚnjĂŚůĞŶ͘
^ŵĂůůďƵƌƐƌĞƋƵŝƌĞŚŝŐŚĞƌƐƉĞĞĚ͘
mďĞƌůĂŶŐĞ&ƌćƐĞƌĞƌĨŽƌĚĞƌŶŐĞƌŝŶŐĞƌĞƌĞŚnjĂŚůĞŶ͘
džƚƌĂůŽŶŐďƵƌƐŶĞĞĚƌĞĚƵĐĞĚƐƉĞĞĚ͘
ĞŝŵƌďĞŝƚĞŶĚŝĞĞǁĞŐƵŶŐŬŽŶƐƚĂŶƚŚĂůƚĞŶƵŶĚ
ůĞŝĐŚƚĞŶƌƵĐŬĂƵĩƌŝŶŐĞŶ͘
dŚĞŵŽǀĞŵĞŶƚƐŚŽƵůĚďĞĐŽŶƐƚĂŶƚůLJĚƵƌŝŶŐƚŚĞǁŽƌŬ
ĂŶĚůŝŐŚƚƉƌĞƐƐƵƌĞŝƐŶĞĞĚĨƵů͘
ƌďĞŝƚĞŶƵŶƚĞƌĚĞƌŽƉƟŵĂůĞŶƌĞŚnjĂŚůďĞŐƺŶƐƟŐƚ
ĚĂƐƵƐƐƉůŝƩĞƌŶ͘
tŽƌŬŝŶŐďĞůŽǁƚŚĞƌĞĐŽŵŵĞŶĚĞĚƌŽƚĂƟŽŶƐƉĞĞĚĐĂŶ
ĐĂƵƐĞƚĞĞƚŚĨƌĂŐŵĞŶƚĂƟŽŶ͘
ƌďĞŝƚĞŶƺďĞƌĚĞƌŽƉƟŵĂůĞŶƌĞŚnjĂŚůĨƺŚƌƚnjƵŵ
ǀĞƌƐƚćƌŬƚĞŶĂŚŶǀĞƌƐĐŚůĞŝƘ͘
tŽƌŬŝŶŐǁŝƚŚŚŝŐŚĞƌƐƉĞĞĚƌĞƐƵůƚƐŝŶĂŚŝŐŚĞƌǁĞĂƌ
ŽĨƚŚĞďƵƌ͘
tĞŶŶŵĂŶĚĂƐtĞƌŬnjĞƵŐnjƵŚĞŝƘǁĞƌĚĞŶůćƐƐƚ͕ŬĂŶŶ
ĚŝĞ,ĂƌƚůƂƚǀĞƌďŝŶĚƵŶŐƐĐŚŵĞůnjĞŶƵŶĚĚĞƌ<ŽƉĨůƂƐƚ
ƐŝĐŚǀŽŵ^ĐŚĂŌ͘
/ĨƚŚĞƚŽŽůďĞĐŽŵĞƐƚŽŽŚŽƚ͕ŝƚĐŽƵůĚďĞƉŽƐƐŝďůĞƚŚĂƚ
ƚŚĞĮdžĂƟŽŶŵĞůƚƐĂŶĚƚŚĞŚĞĂĚŐĞƚƐůŽƐƚ͘
ƵƌĐŚĚŝĞĞŶƵƚnjƵŶŐǀĞƌƐĐŚůŝƐƐĞŶĞƌtĞƌŬnjĞƵŐĞƵŶĚ
<ůĞŵŵŚƺůƐĞŶǁŝƌĚĚĂƐƵƐƐƉůŝƩĞƌŶďĞŐƺŶƐƟŐƚ͘
dŚĞĨƌĂŐŵĞŶƚĂƟŽŶŝƐĨĂǀŽƵƌĞĚďĞĐĂƵƐĞŽĨƚŚĞƵƐŝŶŐ
ŽĨǁŽƌŶƚŽŽůƐĂŶĚĐůĂŵƉƐ͘
ĞŶ&ƌćƐĞƌŶŝĐŚƚŵĞŚƌĂůƐĞŝŶƌŝƩĞůƐĞŝŶĞƐhŵĨĂŶŐƐ
ŝŶĚĂƐDĂƚĞƌŝĂůƐĞŶŬĞŶ͘
ŽŶŽƚĐƵƚƚŚĞďƵƌŵŽƌĞƚŚĂŶĂƚŚŝƌĚŽĨŝƚƐƐŝnjĞŝŶƚŽ
ƚŚĞŵĂƚĞƌŝĂů͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ŝĂŵĂŶƚͲƵŶĚEͲ^ĐŚůĞŝĨƐƟŌĞ
ŝĂŵŽŶĚĂŶĚďŽƌŶŝƚƌŝĚŐƌŝŶĚŝŶŐƉŽŝŶƚƐ
KďŝĂŵĂŶƚŽĚĞƌEŝƐƚǀŽŵĞƌƐƉĂŶƵŶŐƐǀŽůƵŵĞŶƵŶĚĚĞŵƌďĞŝƚƐͲ
ĚƌƵĐŬĂďŚćŶŐŝŐ͘
ĞŝsĞƌǁĞŶĚƵŶŐǀŽŶ,ĂŶĚƐĐŚůĞŝĨĞƌŶƌĞŝĐŚƚŝ͘Ě͘Z͘ŝĂŵĂŶƚĂƵƐ͘E
ĞŵƉĨĞŚůĞŶǁŝƌďĞŝŚŽĐŚůĞŐŝĞƌƚĞŶ^ƚćŚůĞŶ͘
tŚĞƚŚĞƌLJŽƵŶĞĞĚĚŝĂŵŽŶĚŽƌďŽƌŶŝƚƌŝĚĚĞƉĞŶĚƐŽŶŵĞƚĂůƌĞŵŽǀĂů
ĐĂƉĂĐŝƚLJĂŶĚƚŚĞǁŽƌŬŝŶŐƉƌĞƐƐƵƌĞ͘
EŽƌŵĂůůLJĚŝĂŵŽŶĚŝƐƐƵĸĐŝĞŶƚǁŚĞŶŚĂŶĚŐƌŝŶĚĞƌƐĂƌĞƵƐĞĚ͘ŽƌŶŝƚƌŝĚŝƐ
ƌĞĐŽŵŵĞŶĚĞĚĨŽƌŚŝŐŚĂůůŽLJĞĚƐƚĞĞů͘
ŵƉĨŽŚůĞŶĞƌĞŚnjĂŚů;hͬŵŝŶͿĨƺƌŝĂŵĂŶƚͲƵŶĚEͲtĞƌŬnjĞƵŐĞ͗
ZŽƚĂƟŽŶƐƉĞĞĚ;ƌƉŵͿĨŽƌĚŝĂŵŽŶĚĂŶĚďŽƌŶŝƚƌŝĚƚŽŽůƐ͗
tĞƌŬnjĞƵŐÓŵŵ
ƚŽŽůÓŵŵ
фϯ
ŵŵ
ϰ
ŵŵ
ϱ
ŵŵ
ϲ
ŵŵ
ϳ
ŵŵ
ϴ
ŵŵ
ϭϬ
ŵŵ
ϭϮ
ŵŵ
ϭϱ
ŵŵ
ϭϲ
ŵŵ
ϮϬ
ŵŵ
ϭϵϭ͘ϬϬϬ
ϭϰϯ͘ϬϬϬ
ϭϭϰ͘ϱϬϬ
ϵϱ͘ϰϬϬ
ϴϮ͘ϬϬϬ
ϳϭ͘ϳϬϬ
ϱϳ͘ϯϬϬ
ϰϳ͘ϳϬϬ
ϯϴ͘ϮϬϬ
ϯϲ͘ϬϬϬ
Ϯϴ͘ϱϬϬ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEdͳΘEͳ^,>/&^d/&dͬ/DKE'Z/E/E'WK/Ed^
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕LJůŝŶĚĞƌ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕LJůŝŶĚĞƌ
ůϭ
Ěϭ
ĚϮ
ĚϮ
Ěϭ
ůϮ
ůϭ
ϲϰ
ϵϭ
ϭϮϲ
ϭϴϭ
Ϯ͕ϯϱ
Ϯ͕Ϭ
ϱ͕Ϭ
ϰϬ
ϲϮϲϬϭϬϭͬϲϰ
ϲϮϲϬϭϬϭͬϵϭ
ϲϮϲϬϭϬϭͬϭϮϲ
ϲϮϲϬϭϬϭͬϭϴϭ
Ϯ͕ϯϱ
ϯ͕Ϭ
ϱ͕Ϭ
ϰϬ
ϲϮϲϬϭϬϮͬϲϰ
ϲϮϲϬϭϬϮͬϵϭ
ϲϮϲϬϭϬϮͬϭϮϲ
ϲϮϲϬϭϬϮͬϭϴϭ
Ϯ͕ϯϱ
ϰ͕Ϭ
ϲ͕Ϭ
ϰϬ
ϲϮϲϬϭϬϯͬϲϰ
ϲϮϲϬϭϬϯͬϵϭ
ϲϮϲϬϭϬϯͬϭϮϲ
ϲϮϲϬϭϬϯͬϭϴϭ
Ϯ͕ϯϱ
ϱ͕Ϭ
ϲ͕Ϭ
ϰϬ
ϲϮϲϬϭϬϰͬϲϰ
ϲϮϲϬϭϬϰͬϵϭ
ϲϮϲϬϭϬϰͬϭϮϲ
ϲϮϲϬϭϬϰͬϭϴϭ
Ϯ͕ϯϱ
ϲ͕Ϭ
ϲ͕Ϭ
ϰϬ
ϲϮϲϬϭϬϱͬϲϰ
ϲϮϲϬϭϬϱͬϵϭ
ϲϮϲϬϭϬϱͬϭϮϲ
ϲϮϲϬϭϬϱͬϭϴϭ
Ϯ͕ϯϱ
ϴ͕Ϭ
ϴ͕Ϭ
ϰϬ
ϲϮϲϬϭϬϲͬϲϰ
ϲϮϲϬϭϬϲͬϵϭ
ϲϮϲϬϭϬϲͬϭϮϲ
ϲϮϲϬϭϬϲͬϭϴϭ
Ϯ͕ϯϱ
ϭϬ͕Ϭ
ϭϬ͕Ϭ
ϰϬ
ϲϮϲϬϭϬϳͬϲϰ
ϲϮϲϬϭϬϳͬϵϭ
ϲϮϲϬϭϬϳͬϭϮϲ
ϲϮϲϬϭϬϳͬϭϴϭ
ϯ
Ϭ͕ϰ
Ϯ͕Ϭ
ϰϬ
ϲϮϲϬϮϬϭͬϲϰ
ϲϮϲϬϮϬϭͬϵϭ
ϲϮϲϬϮϬϭͬϭϮϲ
ϲϮϲϬϮϬϭͬϭϴϭ
ϯ
Ϭ͕ϱ
Ϯ͕Ϭ
ϰϬ
ϲϮϲϬϮϬϮͬϲϰ
ϲϮϲϬϮϬϮͬϵϭ
ϲϮϲϬϮϬϮͬϭϮϲ
ϲϮϲϬϮϬϮͬϭϴϭ
ϯ
Ϭ͕ϲ
ϯ͕Ϭ
ϰϬ
ϲϮϲϬϮϬϯͬϲϰ
ϲϮϲϬϮϬϯͬϵϭ
ϲϮϲϬϮϬϯͬϭϮϲ
ϲϮϲϬϮϬϯͬϭϴϭ
ϯ
Ϭ͕ϳ
ϯ͕Ϭ
ϰϬ
ϲϮϲϬϮϬϰͬϲϰ
ϲϮϲϬϮϬϰͬϵϭ
ϲϮϲϬϮϬϰͬϭϮϲ
ϲϮϲϬϮϬϰͬϭϴϭ
ϯ
Ϭ͕ϴ
ϯ͕Ϭ
ϰϬ
ϲϮϲϬϮϬϱͬϲϰ
ϲϮϲϬϮϬϱͬϵϭ
ϲϮϲϬϮϬϱͬϭϮϲ
ϲϮϲϬϮϬϱͬϭϴϭ
ϯ
Ϭ͕ϵ
ϯ͕Ϭ
ϰϬ
ϲϮϲϬϮϬϲͬϲϰ
ϲϮϲϬϮϬϲͬϵϭ
ϲϮϲϬϮϬϲͬϭϮϲ
ϲϮϲϬϮϬϲͬϭϴϭ
ϯ
ϭ͕Ϭ
ϯ͕Ϭ
ϰϬ
ϲϮϲϬϮϬϳͬϲϰ
ϲϮϲϬϮϬϳͬϵϭ
ϲϮϲϬϮϬϳͬϭϮϲ
ϲϮϲϬϮϬϳͬϭϴϭ
ϯ
ϭ͕Ϯ
ϯ͕Ϭ
ϰϬ
ϲϮϲϬϮϬϴͬϲϰ
ϲϮϲϬϮϬϴͬϵϭ
ϲϮϲϬϮϬϴͬϭϮϲ
ϲϮϲϬϮϬϴͬϭϴϭ
ϯ
ϭ͕ϱ
ϯ͕Ϭ
ϰϬ
ϲϮϲϬϮϬϵͬϲϰ
ϲϮϲϬϮϬϵͬϵϭ
ϲϮϲϬϮϬϵͬϭϮϲ
ϲϮϲϬϮϬϵͬϭϴϭ
ϯ
Ϯ͕Ϭ
ϱ͕Ϭ
ϰϬ
ϲϮϲϬϮϭϬͬϲϰ
ϲϮϲϬϮϭϬͬϵϭ
ϲϮϲϬϮϭϬͬϭϮϲ
ϲϮϲϬϮϭϬͬϭϴϭ
ϯ
Ϯ͕ϱ
ϱ͕Ϭ
ϰϬ
ϲϮϲϬϮϭϭͬϲϰ
ϲϮϲϬϮϭϭͬϵϭ
ϲϮϲϬϮϭϭͬϭϮϲ
ϲϮϲϬϮϭϭͬϭϴϭ
ϯ
ϯ͕Ϭ
ϱ͕Ϭ
ϰϬ
ϲϮϲϬϮϭϮͬϲϰ
ϲϮϲϬϮϭϮͬϵϭ
ϲϮϲϬϮϭϮͬϭϮϲ
ϲϮϲϬϮϭϮͬϭϴϭ
ϯ
ϯ͕ϱ
ϱ͕Ϭ
ϰϬ
ϲϮϲϬϮϭϯͬϲϰ
ϲϮϲϬϮϭϯͬϵϭ
ϲϮϲϬϮϭϯͬϭϮϲ
ϲϮϲϬϮϭϯͬϭϴϭ
ϯ
ϰ͕Ϭ
ϱ͕Ϭ
ϰϬ
ϲϮϲϬϮϭϰͬϲϰ
ϲϮϲϬϮϭϰͬϵϭ
ϲϮϲϬϮϭϰͬϭϮϲ
ϲϮϲϬϮϭϰͬϭϴϭ
ϯ
ϰ͕ϱ
ϱ͕Ϭ
ϰϬ
ϲϮϲϬϮϭϱͬϲϰ
ϲϮϲϬϮϭϱͬϵϭ
ϲϮϲϬϮϭϱͬϭϮϲ
ϲϮϲϬϮϭϱͬϭϴϭ
ϯ
ϱ͕Ϭ
ϲ͕Ϭ
ϰϬ
ϲϮϲϬϮϭϲͬϲϰ
ϲϮϲϬϮϭϲͬϵϭ
ϲϮϲϬϮϭϲͬϭϮϲ
ϲϮϲϬϮϭϲͬϭϴϭ
ϯ
ϲ͕Ϭ
ϳ͕Ϭ
ϰϬ
ϲϮϲϬϮϭϳͬϲϰ
ϲϮϲϬϮϭϳͬϵϭ
ϲϮϲϬϮϭϳͬϭϮϲ
ϲϮϲϬϮϭϳͬϭϴϭ
ϲ
ϲ͕Ϭ
ϳ͕Ϭ
ϲϬ
ϲϮϲϬϯϬϭͬϲϰ
ϲϮϲϬϯϬϭͬϵϭ
ϲϮϲϬϯϬϭͬϭϮϲ
ϲϮϲϬϯϬϭͬϭϴϭ
ϲ
ϳ͕Ϭ
ϭϬ͕Ϭ
ϲϬ
ϲϮϲϬϯϬϮͬϲϰ
ϲϮϲϬϯϬϮͬϵϭ
ϲϮϲϬϯϬϮͬϭϮϲ
ϲϮϲϬϯϬϮͬϭϴϭ
ϲ
ϴ͕Ϭ
ϭϬ͕Ϭ
ϲϬ
ϲϮϲϬϯϬϯͬϲϰ
ϲϮϲϬϯϬϯͬϵϭ
ϲϮϲϬϯϬϯͬϭϮϲ
ϲϮϲϬϯϬϯͬϭϴϭ
ϲ
ϵ͕Ϭ
ϭϬ͕Ϭ
ϲϬ
ϲϮϲϬϯϬϰͬϲϰ
ϲϮϲϬϯϬϰͬϵϭ
ϲϮϲϬϯϬϰͬϭϮϲ
ϲϮϲϬϯϬϰͬϭϴϭ
ϲ
ϭϬ͕Ϭ
ϭϬ͕Ϭ
ϲϬ
ϲϮϲϬϯϬϱͬϲϰ
ϲϮϲϬϯϬϱͬϵϭ
ϲϮϲϬϯϬϱͬϭϮϲ
ϲϮϲϬϯϬϱͬϭϴϭ
ϲ
ϭϮ͕Ϭ
ϭϮ͕Ϭ
ϲϬ
ϲϮϲϬϯϬϲͬϲϰ
ϲϮϲϬϯϬϲͬϵϭ
ϲϮϲϬϯϬϲͬϭϮϲ
ϲϮϲϬϯϬϲͬϭϴϭ
ϲ
ϭϱ͕Ϭ
ϭϱ͕Ϭ
ϲϬ
ϲϮϲϬϯϬϳͬϲϰ
ϲϮϲϬϯϬϳͬϵϭ
ϲϮϲϬϯϬϳͬϭϮϲ
ϲϮϲϬϯϬϳͬϭϴϭ
ĞŝŽƌŶŝƚƌŝĚĞƐƚĞůůƵŶŐĞŶďŝƩĞĚŝĞƌƚ͘ͲEƌ͘ŵŝƚĞƌŐćŶnjĞŶ͘
ϭϱйƵĨƐĐŚůĂŐĨƺƌEͲtĞƌŬnjĞƵŐĞ
/ĨďŽƌŽŶŶŝƚƌŝĚĞŝƐŽƌĚĞƌĞĚ͕ƉůĞĂƐĞĂĚĚĂ͘
ϭϱйĂĚĚŝƟŽŶĨŽƌEͲƚŽŽůƐ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
^ƚŬͬ͘ƉĐ
ůϮ
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϭϳ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEd^,>/&^d/&dͬ/DKE'Z/E/E'WK/Ed^
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕<ƵŐĞů
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ĂůůƐŚĂƉĞ
ůϭ
ĚϮ
Ěϭ
ůϭ
ϲϰ
ϵϭ
ϭϮϲ
ϭϴϭ
Ϯ͕ϯϱ
Ϯ͕Ϭ
ϰϬ
ϲϮϲϭϭϬϭͬϲϰ
ϲϮϲϭϭϬϭͬϵϭ
ϲϮϲϭϭϬϭͬϭϮϲ
ϲϮϲϭϭϬϭͬϭϴϭ
Ϯ͕ϯϱ
ϯ͕Ϭ
ϰϬ
ϲϮϲϭϭϬϮͬϲϰ
ϲϮϲϭϭϬϮͬϵϭ
ϲϮϲϭϭϬϮͬϭϮϲ
ϲϮϲϭϭϬϮͬϭϴϭ
^ƚŬͬ͘ƉĐ
Ϯ͕ϯϱ
ϰ͕Ϭ
ϰϬ
ϲϮϲϭϭϬϯͬϲϰ
ϲϮϲϭϭϬϯͬϵϭ
ϲϮϲϭϭϬϯͬϭϮϲ
ϲϮϲϭϭϬϯͬϭϴϭ
ϯ
Ϯ͕Ϭ
ϰϬ
ϲϮϲϭϮϬϭͬϲϰ
ϲϮϲϭϮϬϭͬϵϭ
ϲϮϲϭϮϬϭͬϭϮϲ
ϲϮϲϭϮϬϭͬϭϴϭ
ϯ
ϯ͕Ϭ
ϰϬ
ϲϮϲϭϮϬϮͬϲϰ
ϲϮϲϭϮϬϮͬϵϭ
ϲϮϲϭϮϬϮͬϭϮϲ
ϲϮϲϭϮϬϮͬϭϴϭ
ϯ
ϰ͕Ϭ
ϰϬ
ϲϮϲϭϮϬϯͬϲϰ
ϲϮϲϭϮϬϯͬϵϭ
ϲϮϲϭϮϬϯͬϭϮϲ
ϲϮϲϭϮϬϯͬϭϴϭ
ϲ
ϴ͕Ϭ
ϲϬ
ϲϮϲϭϯϬϭͬϲϰ
ϲϮϲϭϯϬϭͬϵϭ
ϲϮϲϭϯϬϭͬϭϮϲ
ϲϮϲϭϯϬϭͬϭϴϭ
ϲ
ϭϬ͕Ϭ
ϲϬ
ϲϮϲϭϯϬϮͬϲϰ
ϲϮϲϭϯϬϮͬϵϭ
ϲϮϲϭϯϬϮͬϭϮϲ
ϲϮϲϭϯϬϮͬϭϴϭ
ϲ
ϭϮ͕Ϭ
ϲϬ
ϲϮϲϭϯϬϯͬϲϰ
ϲϮϲϭϯϬϯͬϵϭ
ϲϮϲϭϯϬϯͬϭϮϲ
ϲϮϲϭϯϬϯͬϭϴϭ
ĞŝŽƌŶŝƚƌŝĚĞƐƚĞůůƵŶŐĞŶďŝƩĞĚŝĞƌƚ͘ͲEƌ͘ŵŝƚĞƌŐćŶnjĞŶ͘
ϭϱйƵĨƐĐŚůĂŐĨƺƌEͲtĞƌŬnjĞƵŐĞ
/ĨďŽƌŽŶŶŝƚƌŝĚĞŝƐŽƌĚĞƌĞĚ͕ƉůĞĂƐĞĂĚĚĂ͘
ϭϱйĂĚĚŝƟŽŶĨŽƌEͲƚŽŽůƐ
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕<ĞŐĞů
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ŽŶĞƐŚĂƉĞ
ůϭ
Ěϭ
ĚϮ
әϲϬΣ
ĚϮ
Ěϭ
ůϭ
ϲϰ
ϵϭ
ϭϮϲ
ϭϴϭ
ϯ
ϯ͕Ϭ
ϰϬ
ϲϮϲϮϮϬϭͬϲϰϮ
ϲϮϲϮϮϬϭͬϵϭϮ
ϲϮϲϮϮϬϭͬϭϮϲϮ
ϲϮϲϮϮϬϭͬϭϴϭϮ
ϯ
ϰ͕Ϭ
ϰϬ
ϲϮϲϮϮϬϮͬϲϰϮ
ϲϮϲϮϮϬϮͬϵϭϮ
ϲϮϲϮϮϬϮͬϭϮϲϮ
ϲϮϲϮϮϬϮͬϭϴϭϮ
ϯ
ϱ͕Ϭ
ϰϬ
ϲϮϲϮϮϬϯͬϲϰϮ
ϲϮϲϮϮϬϯͬϵϭϮ
ϲϮϲϮϮϬϯͬϭϮϲϮ
ϲϮϲϮϮϬϯͬϭϴϭϮ
ϯ
ϲ͕Ϭ
ϲϬ
ϲϮϲϮϮϬϰͬϲϰϮ
ϲϮϲϮϮϬϰͬϵϭϮ
ϲϮϲϮϮϬϰͬϭϮϲϮ
ϲϮϲϮϮϬϰͬϭϴϭϮ
ϲ
ϲ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϭͬϲϰϮ
ϲϮϲϮϯϬϭͬϵϭϮ
ϲϮϲϮϯϬϭͬϭϮϲϮ
ϲϮϲϮϯϬϭͬϭϴϭϮ
ϲ
ϴ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϮͬϲϰϮ
ϲϮϲϮϯϬϮͬϵϭϮ
ϲϮϲϮϯϬϮͬϭϮϲϮ
ϲϮϲϮϯϬϮͬϭϴϭϮ
ϲ
ϭϬ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϯͬϲϰϮ
ϲϮϲϮϯϬϯͬϵϭϮ
ϲϮϲϮϯϬϯͬϭϮϲϮ
ϲϮϲϮϯϬϯͬϭϴϭϮ
ϲ
ϭϮ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϰͬϲϰϮ
ϲϮϲϮϯϬϰͬϵϭϮ
ϲϮϲϮϯϬϰͬϭϮϲϮ
ϲϮϲϮϯϬϰͬϭϴϭϮ
ϲ
ϭϰ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϱͬϲϰϮ
ϲϮϲϮϯϬϱͬϵϭϮ
ϲϮϲϮϯϬϱͬϭϮϲϮ
ϲϮϲϮϯϬϱͬϭϴϭϮ
ϲ
ϭϱ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϲͬϲϰϮ
ϲϮϲϮϯϬϲͬϵϭϮ
ϲϮϲϮϯϬϲͬϭϮϲϮ
ϲϮϲϮϯϬϲͬϭϴϭϮ
ϲ
ϭϲ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϳͬϲϰϮ
ϲϮϲϮϯϬϳͬϵϭϮ
ϲϮϲϮϯϬϳͬϭϮϲϮ
ϲϮϲϮϯϬϳͬϭϴϭϮ
^ƚŬͬ͘ƉĐ
ϲ
ϭϴ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϴͬϲϰϮ
ϲϮϲϮϯϬϴͬϵϭϮ
ϲϮϲϮϯϬϴͬϭϮϲϮ
ϲϮϲϮϯϬϴͬϭϴϭϮ
ϲΎ
ϮϬ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϵͬϲϰϮ
ϲϮϲϮϯϬϵͬϵϭϮ
ϲϮϲϮϯϬϵͬϭϮϲϮ
ϲϮϲϮϯϬϵͬϭϴϭϮ
әϵϬΣ
ϰϱΣƵŶĚϭϮϬΣtŝŶŬĞůĂƵĨŶĨƌĂŐĞ
ϰϱΣĂŶĚϭϮϬΣĂŶŐůĞŽŶƌĞƋƵĞƐƚ
ĚϮ
Ěϭ
ůϭ
ϲϰ
ϵϭ
ϭϮϲ
ϭϴϭ
ϯ
ϯ͕Ϭ
ϰϬ
ϲϮϲϮϮϬϭͬϲϰϯ
ϲϮϲϮϮϬϭͬϵϭϯ
ϲϮϲϮϮϬϭͬϭϮϲϯ
ϲϮϲϮϮϬϭͬϭϴϭϯ
ϯ
ϰ͕Ϭ
ϰϬ
ϲϮϲϮϮϬϮͬϲϰϯ
ϲϮϲϮϮϬϮͬϵϭϯ
ϲϮϲϮϮϬϮͬϭϮϲϯ
ϲϮϲϮϮϬϮͬϭϴϭϯ
ϯ
ϱ͕Ϭ
ϰϬ
ϲϮϲϮϮϬϯͬϲϰϯ
ϲϮϲϮϮϬϯͬϵϭϯ
ϲϮϲϮϮϬϯͬϭϮϲϯ
ϲϮϲϮϮϬϯͬϭϴϭϯ
ϯ
ϲ͕Ϭ
ϲϬ
ϲϮϲϮϮϬϰͬϲϰϯ
ϲϮϲϮϮϬϰͬϵϭϯ
ϲϮϲϮϮϬϰͬϭϮϲϯ
ϲϮϲϮϮϬϰͬϭϴϭϯ
ϲ
ϲ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϭͬϲϰϯ
ϲϮϲϮϯϬϭͬϵϭϯ
ϲϮϲϮϯϬϭͬϭϮϲϯ
ϲϮϲϮϯϬϭͬϭϴϭϯ
ϲ
ϴ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϮͬϲϰϯ
ϲϮϲϮϯϬϮͬϵϭϯ
ϲϮϲϮϯϬϮͬϭϮϲϯ
ϲϮϲϮϯϬϮͬϭϴϭϯ
ϲ
ϭϬ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϯͬϲϰϯ
ϲϮϲϮϯϬϯͬϵϭϯ
ϲϮϲϮϯϬϯͬϭϮϲϯ
ϲϮϲϮϯϬϯͬϭϴϭϯ
ϲ
ϭϮ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϰͬϲϰϯ
ϲϮϲϮϯϬϰͬϵϭϯ
ϲϮϲϮϯϬϰͬϭϮϲϯ
ϲϮϲϮϯϬϰͬϭϴϭϯ
ϲ
ϭϰ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϱͬϲϰϯ
ϲϮϲϮϯϬϱͬϵϭϯ
ϲϮϲϮϯϬϱͬϭϮϲϯ
ϲϮϲϮϯϬϱͬϭϴϭϯ
ϲ
ϭϱ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϲͬϲϰϯ
ϲϮϲϮϯϬϲͬϵϭϯ
ϲϮϲϮϯϬϲͬϭϮϲϯ
ϲϮϲϮϯϬϲͬϭϴϭϯ
ϲ
ϭϲ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϳͬϲϰϯ
ϲϮϲϮϯϬϳͬϵϭϯ
ϲϮϲϮϯϬϳͬϭϮϲϯ
ϲϮϲϮϯϬϳͬϭϴϭϯ
^ƚŬͬ͘ƉĐ
ϲ
ϭϴ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϴͬϲϰϯ
ϲϮϲϮϯϬϴͬϵϭϯ
ϲϮϲϮϯϬϴͬϭϮϲϯ
ϲϮϲϮϯϬϴͬϭϴϭϯ
ϲΎ
ϮϬ͕Ϭ
ϲϬ
ϲϮϲϮϯϬϵͬϲϰϯ
ϲϮϲϮϯϬϵͬϵϭϯ
ϲϮϲϮϯϬϵͬϭϮϲϯ
ϲϮϲϮϯϬϵͬϭϴϭϯ
ΎĂƵĐŚĂƵĨϴĞƌ^ĐŚĂŌůŝĞĨĞƌďĂƌ
ĂůƐŽŽŶĂŶϴŵŵƐŚĂŌ
ĂǀĂŝůĂďůĞ
ĞŝŽƌŶŝƚƌŝĚĞƐƚĞůůƵŶŐĞŶďŝƩĞĚŝĞƌƚ͘ͲEƌ͘ŵŝƚĞƌŐćŶnjĞŶ͘
ϭϱйƵĨƐĐŚůĂŐĨƺƌEͲtĞƌŬnjĞƵŐĞ
/ĨďŽƌŽŶŶŝƚƌŝĚĞŝƐŽƌĚĞƌĞĚ͕ƉůĞĂƐĞĂĚĚĂ͘
ϭϱйĂĚĚŝƟŽŶĨŽƌEͲƚŽŽůƐ
ΎĂƵĐŚĂƵĨϴĞƌ^ĐŚĂŌůŝĞĨĞƌďĂƌ
ĂůƐŽŽŶĂŶϴŵŵƐŚĂŌ
ĂǀĂŝůĂďůĞ
ϭϴ
Ěϭ
ĚϮ
ĞŝŽƌŶŝƚƌŝĚĞƐƚĞůůƵŶŐĞŶďŝƩĞĚŝĞƌƚ͘ͲEƌ͘ŵŝƚĞƌŐćŶnjĞŶ͘
ϭϱйƵĨƐĐŚůĂŐĨƺƌEͲtĞƌŬnjĞƵŐĞ
/ĨďŽƌŽŶŶŝƚƌŝĚĞŝƐŽƌĚĞƌĞĚ͕ƉůĞĂƐĞĂĚĚĂ͘
ϭϱйĂĚĚŝƟŽŶĨŽƌEͲƚŽŽůƐ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕^ƉŝƚnjŬĞŐĞů
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ŽŶĞƐŚĂƉĞ
ůϭ
ĚϮ
ĚϮΎ
ә
ůϭ
ϲϰ
ϵϭ
ϭϮϲ
ϭϴϭ
ϲ
ϱΣ
ϭϮϴ
ϲϮϲϯϯϬϭͬϲϰ
ϲϮϲϯϯϬϭͬϵϭ
ϲϮϲϯϯϬϭͬϭϮϲ
ϲϮϲϯϯϬϭͬϭϴϭ
ϲ
ϲΣ
ϭϭϱ
ϲϮϲϯϯϬϮͬϲϰ
ϲϮϲϯϯϬϮͬϵϭ
ϲϮϲϯϯϬϮͬϭϮϲ
ϲϮϲϯϯϬϮͬϭϴϭ
ϲ
ϴΣ
ϭϬϬ
ϲϮϲϯϯϬϯͬϲϰ
ϲϮϲϯϯϬϯͬϵϭ
ϲϮϲϯϯϬϯͬϭϮϲ
ϲϮϲϯϯϬϯͬϭϴϭ
ϲ
ϭϬΣ
ϵϰ
ϲϮϲϯϯϬϰͬϲϰ
ϲϮϲϯϯϬϰͬϵϭ
ϲϮϲϯϯϬϰͬϭϮϲ
ϲϮϲϯϯϬϰͬϭϴϭ
ϲ
ϭϮΣ
ϴϲ
ϲϮϲϯϯϬϱͬϲϰ
ϲϮϲϯϯϬϱͬϵϭ
ϲϮϲϯϯϬϱͬϭϮϲ
ϲϮϲϯϯϬϱͬϭϴϭ
ϲ
ϭϰΣ
ϴϰ
ϲϮϲϯϯϬϲͬϲϰ
ϲϮϲϯϯϬϲͬϵϭ
ϲϮϲϯϯϬϲͬϭϮϲ
ϲϮϲϯϯϬϲͬϭϴϭ
ϲ
ϭϲΣ
ϴϭ
ϲϮϲϯϯϬϳͬϲϰ
ϲϮϲϯϯϬϳͬϵϭ
ϲϮϲϯϯϬϳͬϭϮϲ
ϲϮϲϯϯϬϳͬϭϴϭ
ΎϲϬŵŵ^ĐŚĂŌůćŶŐĞ
ϲϬŵŵƐŚĂŌůĞŶŐƚŚ
Ěϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEd^,>/&^d/&dͬ/DKE'Z/E/E'WK/Ed^
^ƚŬͬ͘ƉĐ
ĞŝŽƌŶŝƚƌŝĚĞƐƚĞůůƵŶŐĞŶďŝƩĞĚŝĞƌƚ͘ͲEƌ͘ŵŝƚĞƌŐćŶnjĞŶ͘
ϭϱйƵĨƐĐŚůĂŐĨƺƌEͲtĞƌŬnjĞƵŐĞ
/ĨďŽƌŽŶŶŝƚƌŝĚĞŝƐŽƌĚĞƌĞĚ͕ƉůĞĂƐĞĂĚĚĂ͘
ϭϱйĂĚĚŝƟŽŶĨŽƌEͲƚŽŽůƐ
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌĂƵƐs,DĨƺƌ<ŽŽƌĚŝŶĂƚĞŶƐĐŚůĞŝĨĞŶ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕^ŽůŝĚĐĂƌďŝĚĞĨŽƌũŝŐŐƌŝŶĚŝŶŐ
ůϭ
Ěϭ
ĚϮ
ĚϮ
ĚϭdžůϮ
ϯ
ϲ͕ϬdžϭϬ
ϲ
ϴ͕ϬdžϭϬ
ůϭ
ϵϭ
ϭϮϲ
ϭϴϭ
ϴϬ
ϲϮϲϰϮϬϭͬϵϭ
ϲϮϲϰϮϬϭͬϭϮϲ
ϲϮϲϰϮϬϭͬϭϴϭ
ϭϬϬ
ϲϮϲϰϯϬϭͬϵϭ
ϲϮϲϰϯϬϭͬϭϮϲ
ϲϮϲϰϯϬϭͬϭϴϭ
ϲ
ϭϬ͕ϬdžϭϬ
ϭϭϬ
ϲϮϲϰϯϬϮͬϵϭ
ϲϮϲϰϯϬϮͬϭϮϲ
ϲϮϲϰϯϬϮͬϭϴϭ
ϲ
ϭϮ͕ϬdžϭϬ
ϭϭϬ
ϲϮϲϰϯϬϯͬϵϭ
ϲϮϲϰϯϬϯͬϭϮϲ
ϲϮϲϰϯϬϯͬϭϴϭ
ϲ
ϭϰ͕ϬdžϭϬ
ϭϭϬ
ϲϮϲϰϯϬϰͬϵϭ
ϲϮϲϰϯϬϰͬϭϮϲ
ϲϮϲϰϯϬϰͬϭϴϭ
ϲ
ϭϱ͕ϬdžϭϬ
ϭϭϬ
ϲϮϲϰϯϬϱͬϵϭ
ϲϮϲϰϯϬϱͬϭϮϲ
ϲϮϲϰϯϬϱͬϭϴϭ
ϲ
ϭϲ͕ϬdžϭϬ
ϭϭϬ
ϲϮϲϰϯϬϲͬϵϭ
ϲϮϲϰϯϬϲͬϭϮϲ
ϲϮϲϰϯϬϲͬϭϴϭ
ϲ
ϭϴ͕ϬdžϭϬ
ϭϭϬ
ϲϮϲϰϯϬϳͬϵϭ
ϲϮϲϰϯϬϳͬϭϮϲ
ϲϮϲϰϯϬϳͬϭϴϭ
ĞŝŽƌŶŝƚƌŝĚĞƐƚĞůůƵŶŐĞŶďŝƩĞĚŝĞƌƚ͘ͲEƌ͘ŵŝƚĞƌŐćŶnjĞŶ͘
ϭϱйƵĨƐĐŚůĂŐĨƺƌEͲtĞƌŬnjĞƵŐĞ
/ĨďŽƌŽŶŶŝƚƌŝĚĞŝƐŽƌĚĞƌĞĚ͕ƉůĞĂƐĞĂĚĚĂ͘
ϭϱйĂĚĚŝƟŽŶĨŽƌEͲƚŽŽůƐ
ůϮ
^ƚŬͬ͘ƉĐ
^ŽŶĚĞƌĂŶĨĞƌƟŐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ĐƵƐƚŽŵͲŵĂĚĞƉƌŽĚƵĐƚƐŽŶƌĞƋƵĞƐƚ
ZĞŝŶŝŐƵŶŐƐƐƚĞŝŶĞ͕^͘Ϯϰ
ĐůĞĂŶŝŶŐƐƚŽŶĞƐ͕Ɖ͘Ϯϰ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϭϵ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEd^,>/&^d/&dͬ/DKE'Z/E/E'WK/Ed^
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕LJůŝŶĚĞƌ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕LJůŝŶĚĞƌ
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϮϲ
ϭϱϭ
ϯ
ϭ͕Ϭdžϴ
ϰϱ
ϲϮϳϯϬϭ
Ͷ
ϯ
ϭ͕ϱdžϴ
ϰϱ
ϲϮϳϯϬϮ
Ͷ
ϯ
Ϯ͕Ϭdžϴ
ϰϱ
ϲϮϳϯϬϯ
Ͷ
ϯ
Ϯ͕ϱdžϴ
ϰϱ
ϲϮϳϯϬϰ
Ͷ
ϯ
ϯ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϬϱ
Ͷ
ϯ
ϯ͕ϱdžϭϬ
ϰϱ
ϲϮϳϯϬϲ
Ͷ
ϯ
ϰ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϬϳ
Ͷ
ϯ
ϱ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϬϴ
Ͷ
ϯ
ϲ͕ϬdžϭϬ
ϰϱ
Ͷ
ϲϮϳϯϬϵ
ϯ
ϳ͕ϬdžϭϬ
ϰϱ
Ͷ
ϲϮϳϯϬϭϬ
ϯ
ϴ͕ϬdžϭϬ
ϰϱ
Ͷ
ϲϮϳϯϬϭϭ
ϲ
ϴ͕Ϭdžϭϱ
ϰϱ
Ͷ
ϲϮϳϯϬϭϮ
ůϭ
^ƚŬͬ͘ƉĐ
Ěϭ
ĚϮ
ůϮ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕LJůŝŶĚĞƌ͕ŇĂĐŚ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕LJůŝŶĚĞƌŇĂƚ
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϱϭ
ϰ͕ϬdžϬ͕ϱ
ϰϱ
ϲϮϳϰϴϭ
Ϯ͕ϯϱ
ϲ͕ϬdžϬ͕ϱ
ϰϱ
ϲϮϳϰϴϮ
Ϯ͕ϯϱ
ϭϬ͕ϬdžϬ͕ϱ
ϰϱ
ϲϮϳϰϴϯ
ϯ
ϲ͕Ϭdžϭ͕Ϭ
ϰϱ
ϲϮϳϯϬϯϬϭ
ϯ
ϲ͕Ϭdžϭ͕ϱ
ϰϱ
ϲϮϳϯϬϯϬϮ
ϯ
ϲ͕ϬdžϮ͕Ϭ
ϰϱ
ϲϮϳϯϬϯϬϯ
ϯ
ϭϯ͕Ϭdžϭ͕Ϭ
ϰϱ
ϲϮϳϯϬϯϬϰ
ϯ
ϭϯ͕Ϭdžϭ͕ϱ
ϰϱ
ϲϮϳϯϬϯϬϱ
ϯ
ϭϯ͕ϬdžϮ͕Ϭ
ϰϱ
ϲϮϳϯϬϯϬϲ
ϯ
ϭϯ͕ϬdžϮ͕ϱ
ϰϱ
ϲϮϳϯϬϯϬϳ
ϯ
ϭϯ͕Ϭdžϯ͕Ϭ
ϰϱ
ϲϮϳϯϬϯϬϴ
ϯ
ϭϯ͕Ϭdžϯ͕ϱ
ϰϱ
ϲϮϳϯϬϯϬϵ
ϯ
ϭϯ͕Ϭdžϰ͕Ϭ
ϰϱ
ϲϮϳϯϬϯϭϬ
ϯ
ϭϯ͕Ϭdžϰ͕ϱ
ϰϱ
ϲϮϳϯϬϯϭϭ
Ϯ͕ϯϱ
^ƚŬͬ͘ƉĐ
ůϭ
Ěϭ
ĚϮ
ůϮ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕LJůŝŶĚĞƌŵŝƚĂďŐĞƌƵŶĚĞƚĞŵ<ŽƉĨ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕LJůŝŶĚĞƌ͕ƌĂĚŝƵƐĞŶĚ
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϮϲ
ϯ
ϭ͕Ϭdžϴ
ϰϱ
ϲϮϳϯϭϳ
ϯ
ϭ͕ϱdžϴ
ϰϱ
ϲϮϳϯϭϭ
ϯ
Ϯ͕Ϭdžϴ
ϰϱ
ϲϮϳϯϭϮ
ϯ
Ϯ͕ϱdžϴ
ϰϱ
ϲϮϳϯϭϯ
ϯ
ϯ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϭϰ
ϯ
ϯ͕ϱdžϭϬ
ϰϱ
ϲϮϳϯϭϴ
ϯ
ϰ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϭϱ
ϯ
ϱ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϭϲ
ϲ
ϴ͕Ϭdžϭϱ
ϰϱ
ϲϮϳϯϭϵ
ůϭ
^ƚŬͬ͘ƉĐ
ĚϮ
ůϮ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
ϮϬ
Ěϭ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕<ƵŐĞů
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ĂůůƐŚĂƉĞ
ĚϮ
Ěϭ
ůϭ
ϭϮϲ
ϭϱϭ
Ϯ͕ϯϱ
ϭ͕Ϭ
ϰϱ
ϲϮϳϰϬϭ
Ͷ
Ϯ͕ϯϱ
Ϯ͕Ϭ
ϰϱ
ϲϮϳϰϬϮ
Ͷ
Ϯ͕ϯϱ
ϯ͕Ϭ
ϰϱ
ϲϮϳϰϬϯ
Ͷ
Ϯ͕ϯϱ
ϰ͕Ϭ
ϰϱ
ϲϮϳϰϬϰ
Ͷ
ϯ
ϭ͕Ϭ
ϰϱ
ϲϮϳϯϯϭ
Ͷ
ϯ
ϭ͕ϱ
ϰϱ
ϲϮϳϯϯϲ
Ͷ
ϯ
Ϯ͕Ϭ
ϰϱ
ϲϮϳϯϯϮ
Ͷ
ϯ
Ϯ͕ϱ
ϰϱ
ϲϮϳϯϯϳ
Ͷ
ϯ
ϯ͕Ϭ
ϰϱ
ϲϮϳϯϯϯ
Ͷ
ϯ
ϰ͕Ϭ
ϰϱ
ϲϮϳϯϯϰ
Ͷ
ϯ
ϱ͕Ϭ
ϰϱ
ϲϮϳϯϯϱ
Ͷ
ϯ
ϲ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϯϴ
ϯ
ϳ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϯϵ
ϯ
ϴ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϯϭϬ
ϯ
ϭϬ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϯϭϭ
ϯ
ϭϮ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϯϭϮ
ϲ
ϴ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϯϮϭ
ϲ
ϭϬ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϯϮϮ
ϲ
ϭϲ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϯϮϯ
ϲ
ϮϬ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϯϮϰ
ůϭ
^ƚŬͬ͘ƉĐ
Ěϭ
ĚϮ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEd^,>/&^d/&dͬ/DKE'Z/E/E'WK/Ed^
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕^ƉŝƚnjďŽŐĞŶ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕dƌĞĞƐŚĂƉĞͲWŽŝŶƚĞĚĞŶĚ
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϮϲ
ϭϱϭ
Ϯ͕ϯϱ
Ϭ͕ϵdžϰ
ϰϱ
ϲϮϳϰϲϭ
Ͷ
Ϯ͕ϯϱ
ϭ͕ϱdžϭϬ
ϰϱ
ϲϮϳϰϲϮ
Ͷ
Ϯ͕ϯϱ
Ϯ͕ϬdžϭϬ
ϰϱ
ϲϮϳϰϲϯ
Ͷ
ϯ
Ϯ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϮϭ
Ͷ
ϯ
Ϯ͕ϴdžϭϱ
ϰϱ
ϲϮϳϯϮϱ
Ͷ
ϯ
ϯ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϮϮ
Ͷ
ϯ
ϯ͕ϯdžϭϱ
ϰϱ
ϲϮϳϯϮϲ
Ͷ
ϯ
ϰ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϮϯ
Ͷ
ϯ
ϱ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϮϳ
Ͷ
ϯ
ϱ͕Ϭdžϭϯ
ϰϱ
ϲϮϳϯϮϰ
Ͷ
ϯ
ϲ͕ϬdžϭϬ
ϰϱ
Ͷ
ϲϮϳϯϮϴ
ϯ
ϲ͕Ϭdžϭϯ
ϰϱ
Ͷ
ϲϮϳϯϮϵ
ϯ
ϳ͕Ϭdžϭϯ
ϰϱ
Ͷ
ϲϮϳϯϮϭϬ
ϲ
ϭϬ͕Ϭdžϭϵ
ϰϱ
Ͷ
ϲϮϳϯϮϭϭ
^ƚŬͬ͘ƉĐ
ůϭ
Ěϭ
ĚϮ
ůϮ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
Ϯϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEd^,>/&^d/&dͬ/DKE'Z/E/E'WK/Ed^
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕&ůĂŵŵĞ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ŇĂŵĞƐŚĂƉĞ
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϮϲ
ϭϱϭ
Ϯ͕ϯϱ
ϰ͕Ϭdžϲ
ϰϱ
ϲϮϳϰϱϭ
Ͷ
ϯ
ϯ͕Ϭdžϲ
ϰϱ
ϲϮϳϯϬϭϬϭ
Ͷ
ϯ
ϯ͕Ϯdžϲ
ϰϱ
ϲϮϳϯϬϭϬϮ
Ͷ
ϯ
ϯ͕ϯdžϲ
ϰϱ
ϲϮϳϯϬϭϬϰ
Ͷ
ϯ
ϲ͕ϬdžϭϬ
ϰϱ
Ͷ
ϲϭϮϯϬϭϬϰ
^ƚŬͬ͘ƉĐ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕dƌĂƉĞnj
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ŝŶǀĞƌƚĞĚĐŽŶĞƐŚĂƉĞ
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϮϲ
ϭϱϭ
Ϯ͕ϯϱ
Ϯ͕Ϭdžϭ͕ϱ
ϰϱ
ϲϮϳϰϭϭ
Ͷ
Ϯ͕ϯϱ
Ϯ͕ϳdžϭ͕Ϭ
ϰϱ
ϲϮϳϰϭϮ
Ͷ
Ϯ͕ϯϱ
Ϯ͕ϳdžϭ͕ϱ
ϰϱ
ϲϮϳϰϭϯ
Ͷ
Ϯ͕ϯϱ
ϰ͕Ϭdžϭ͕ϱ
ϰϱ
ϲϮϳϰϭϰ
Ͷ
Ϯ͕ϯϱ
ϱ͕ϬdžϮ͕Ϭ
ϰϱ
ϲϮϳϰϭϱ
Ͷ
Ϯ͕ϯϱ
Ϯ͕Ϭdžϱ͕Ϭ
ϰϱ
ϲϮϳϰϭϲ
Ͷ
Ϯ͕ϯϱ
Ϯ͕ϱdžϳ͕Ϭ
ϰϱ
ϲϮϳϰϭϳ
Ͷ
ϯ
Ϯ͕ϰdžϴ
ϰϱ
ϲϮϳϯϬϮϬϭ
Ͷ
ϯ
ϯ͕ϬdžϭϬ
ϰϱ
ϲϮϳϯϬϮϬϮ
Ͷ
^ƚŬͬ͘ƉĐ
ůϭ
Ěϭ
ĚϮ
ůϮ
ϯ
ϯ͕ϱdžϭϬ
ϰϱ
ϲϮϳϯϬϮϬϯ
Ͷ
ϯ
ϭϬ͕Ϭdžϰ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϬϮϬϰ
ZĞĚƵnjŝĞƌŚƺůƐĞŶ^͘ϳϳ
ƌĞĚƵĐŝŶŐƐůĞĞǀĞƉ͘ϳϳ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕^ƉŝƚnjŬĞŐĞů
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ĐŽŶĞƐŚĂƉĞ
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϮϲ
ϭϱϭ
Ϯ͕ϯϱ
ϭdžϰ
ϰϱ
ϲϮϳϰϮϭ
Ͷ
^ƚŬͬ͘ƉĐ
Ϯ͕ϯϱ
ϭ͕ϱdžϴ
ϰϱ
ϲϮϳϰϮϮ
Ͷ
Ϯ͕ϯϱ
ϭ͕ϱdžϭϬ
ϰϱ
ϲϮϳϰϮϯ
Ͷ
Ϯ͕ϯϱ
ϯ͕ϱdžϲ
ϰϱ
ϲϮϳϰϮϰ
Ͷ
ϯ
ϯΣ
ϰϱ
ϲϮϳϯϲϭ
Ͷ
ϯ
ϳΣ
ϰϱ
ϲϮϳϯϲϮ
Ͷ
ϯ
ϭϬΣ
ϰϱ
ϲϮϳϯϲϯ
Ͷ
ϯ
ϮϲΣ
ϰϱ
Ͷ
ϲϮϳϯϲϰ
ϲ
ϴ͕Ϭdžϭϱ
ϰϱ
Ͷ
ϲϮϳϯϲϱ
ϲ
ϴͲϰdžϭϱ
ϰϱ
Ͷ
ϲϮϳϯϲϲ
ůϭ
Ěϭ
ĚϮ
ůϮ
/Ͳd/W͕ĚĞƌ'ĞŚĞŝŵƟƉƉĨƺƌĚŝĞZŝƉƉĞŶďĞĂƌďĞŝƚƵŶŐ
/Ͳd/W͕ƚŚĞŝŶƐŝĚĞƌƟƉĨŽƌƌŝƉŵĂĐŚŝŶŝŶŐ
ĞƌĞdžƚƌĂůĂŶŐĞĞůĂŐƵŶĚŬůĞŝŶĞƵƌĐŚŵĞƐƐĞƌĞƌŵƂŐůŝĐŚĞŶĚĂƐ
ƟĞĨĞƌďĞŝƚĞŶŝŶZŝƉƉĞŶƵŶĚ^ƚĞŐĞŶ͘
ŝĞ^ƉŝƚnjĞŶĞŝŶĨĂĐŚŬĂƉƉĞŶ͕ǁĞŶŶƐŝĞĂďŐĞĂƌďĞŝƚĞƚƐŝŶĚ͘
&ŽůŐĞ͗ĞŝƚĞƌƐƉĂƌŶŝƐďĞŝĚĞŶ&ŽůŐĞƐĐŚƌŝƩĞŶ͘dƌŽƚnjƐĞŝŶĞƌ>ćŶŐĞ
ǁĞŝƐƚĚĞƌ/Ͳd/WĞŝŶĞŚŽŚĞZƵŶĚůĂƵĨŐĞŶĂƵŝŐŬĞŝƚĂƵĨƵŶĚŬĂŶŶ
ďŝƐnjƵϯϬ͘ϬϬϬhͬŵŝŶĞŝŶŐĞƐĞƚnjƚǁĞƌĚĞŶ͘
ĚϮ
ә
ůϮ
ůϭ
ϭϮϲ
ϯ
Ϯ͕ϱΣ
ϱϬ
ϲϲ
ϲϮϳϯϰϬϭ
^ƚŬͬ͘ƉĐ
ĞĐĂƵƐĞŽĨƚŚĞĞdžƚƌĂůĂƌŐĞůĞŶŐƚŚŽĨĚŝĂŵŽŶĚƐĞĐƟŽŶƚŚĞĚĞĞƉ
ƌŝďŵĂĐŚŝŶŝŶŐŝƐƉŽƐƐŝďůĞ͘
dŚĞƚŽƉĐĂŶďĞĐŽƉĞĚŝĨŝƚŝƐƵƐĞĚ͘
ZĞƐƵůƚ͗ƟŵĞƐĂǀŝŶŐĨŽƌŶĞdžƚƐƚĞƉƐ͘ĞƐƉŝƚĞƚŚĞůĞŶŐƚŚƚŚĞ/Ͳ
d/WŚĂƐĂŚƵŐĞĐŽŶĐĞŶƚƌŝĐŝƚLJĂŶĚĐĂŶďĞƵƐĞĚƵƉƚŽϯϬ͕ϬϬϬƌƉŵ͘
ĚϮ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
ϮϮ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ůϭ
ůϮ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEd^,>/&^d/&dͬ/DKE'Z/E/E'WK/Ed^
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕KǀĂů
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕KǀĂů
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϱϭ
ϯ
ϭϯdžϭ͕Ϭ
ϰϱ
ϲϮϳϯϱϬϭ
ϯ
ϭϯdžϭ͕ϱ
ϰϱ
ϲϮϳϯϱϬϮ
ϯ
ϭϯdžϮ͕Ϭ
ϰϱ
ϲϮϳϯϱϬϯ
ϯ
ϭϯdžϮ͕ϱ
ϰϱ
ϲϮϳϯϱϬϰ
ϯ
ϭϯdžϯ͕Ϭ
ϰϱ
ϲϮϳϯϱϬϱ
ϯ
ϭϯdžϯ͕ϱ
ϰϱ
ϲϮϳϯϱϬϲ
ϯ
ϭϯdžϰ͕Ϭ
ϰϱ
ϲϮϳϯϱϬϳ
ϯ
ϭϯdžϰ͕ϱ
ϰϱ
ϲϮϳϯϱϬϴ
^ƚŬͬ͘ƉĐ
ůϭ
Ěϭ
ĚϮ
ůϮ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕,ĂůďƌƵŶĚ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕,ĂůĨƌŽƵŶĚ
ƐƟƌŶƐĞŝƟŐďĞůĞŐƚͬĞŶĚĐƵƚ
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϮϲ
ϭϱϭ
ϯ
ϲdžͲϯ͕ϱ
ϰϱ
ϲϮϳϯϲϬϭ
Ͷ
ϯ
ϴdžͲϰ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϲϬϮ
ϯ
ϭϯdžͲϯ͕ϱ
ϰϱ
Ͷ
ϲϮϳϯϲϬϯ
ϯ
ϲdžнϯ͕ϱ
ϰϱ
ϲϮϳϯϲϬϰ
Ͷ
ϯ
ϴdžнϰ͕Ϭ
ϰϱ
Ͷ
ϲϮϳϯϲϬϱ
ϯ
ϭϯdžнϯ͕ϱ
ϰϱ
Ͷ
ϲϮϳϯϲϬϲ
^ƚŬͬ͘ƉĐ
ůϭ
Ěϭ
ĚϮ
ůϮ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕>ŝŶƐĞ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕>ĞŶƐĞ
ĚϮ
ĚϭdžůϮ
>ϭ
ϭϱϭ
Ϯ͕ϯϱ
ϰdžϬ͕ϴ
ϰϱ
ϲϮϳϰϳϭ
Ϯ͕ϯϱ
ϲdžϭ
ϰϱ
ϲϮϳϰϳϮ
ϯ
ϭϯdžϭ͕Ϭ
ϰϱ
ϲϮϳϯϲϮϭ
ϯ
ϭϯdžϯ͕Ϭ
ϰϱ
ϲϮϳϯϲϮϮ
ϯ
ϭϲdžϭ͕Ϭ
ϰϱ
ϲϮϳϯϲϮϯ
ůϭ
^ƚŬͬ͘ƉĐ
ĚϮ
Ěϭ
ůϮ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕<ĞŐĞůƐƚƵŵƉĨ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ĐŽŶĞƐŚĂƉĞ͕ŇĂƚ
ĚϮ
ĚϭdžůϮ
>ϭ
ϭϮϲ
Ϯ͕ϯϱ
ϭ͕ϱdžϰ
ϰϱ
ϲϮϳϰϰϭ
Ϯ͕ϯϱ
Ϯ͕ϱdžϭϮ
ϰϱ
ϲϮϳϰϰϮ
ϯ
Ϯdžϴ
ϰϱ
ϲϮϳϯϰϭ
ϯ
ϯdžϴ
ϰϱ
ϲϮϳϯϰϮ
^ƚŬͬ͘ƉĐ
ůϭ
Ěϭ
ĚϮ
ůϮ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌ͕ZƵŶĚŬĞŐĞů
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ĐŽŶĞƐŚĂƉĞ͕ƌĂĚŝƵƐĞŶĚ
ĚϮ
ĚϭdžůϮ
>ϭ
ϭϮϲ
Ϯ͕ϯϱ
ϭ͕ϱdžϭϬ
ϰϱ
ϲϮϳϰϯϭ
Ϯ͕ϯϱ
ϮdžϭϮ
ϰϱ
ϲϮϳϰϯϮ
Ϯ͕ϯϱ
Ϯ͕ϱdžϭϮ
ϰϱ
ϲϮϳϰϯϯ
Ϯ͕ϯϱ
ϯdžϭϮ
ϰϱ
ϲϮϳϰϯϰ
ϯ
ϯ͕ϯdžϴ
ϰϱ
ϲϮϳϯϱϭ
ϯ
ϯdžϴ
ϰϱ
ϲϮϳϯϱϮ
^ƚŬͬ͘ƉĐ
ĚϮ
ůϭ
Ěϭ
ůϮ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
Ϯϯ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEd^,>/&^d/&dͬ/DKE'Z/E/E'WK/Ed^
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌŵŝƚĞŝŶĞƌ<ƵŶƐƚŚĂƌnjďŝŶĚƵŶŐ͕LJůŝŶĚĞƌ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ƌĞƐŝŶďŽŶĚŝŶŐ͕LJůŝŶĚĞƌ
,ĞƌǀŽƌƌĂŐĞŶĚĨƺƌĚŝĞĞĂƌďĞŝƚƵŶŐǀŽŶ,ĂƌƚŵĞƚĂůů͘ƌŚĂƚ
ĞŝŶĞǁĞŝĐŚĞŝŶĚƵŶŐƐĂƌƚƵŶĚĞŝŶĞŶǁĞŝĐŚĞŶ͕ŬƺŚůĞŶ^ĐŚůŝī͘
hŵĚŝĞ>ĞďĞŶƐĚĂƵĞƌĞŝŶĞƐŬƵŶƐƚŚĂƌnjŐĞďƵŶĚĞŶ^ƟŌĞƐnjƵ
ǀĞƌůćŶŐĞƌŶ͕ƐŽůůƚĞĚŝĞƐĞƌǀŽŶĞŝƚnjƵĞŝƚŵŝƚĞŝŶĞŵƐƉĞnjŝĞůͲ
ůĞŶZĞŝŶŝŐƵŶŐƐƐƚĞŝŶŐĞƌĞŝŶŝŐƚǁĞƌĚĞŶ͘
ĚϮ
ĚϭdžůϮ
ůϭ
ϭϮϲ
ϲ
ϴdžϭϬ
ϲϬ
ϲϮϳϯϲϰϭ
ϲ
ϭϬdžϭϬ
ϲϬ
ϲϮϳϯϲϰϮ
ϲ
ϭϮdžϭϬ
ϲϬ
ϲϮϳϯϲϰϯ
džĐĞůůĞŶƚĨŽƌǁŽƌŬŝŶŐŽŶƐŽůŝĚĐĂƌďŝĚĞ͘dŚĞŐƌŝŶĚŝŶŐƉŽŝŶƚ
ŚĂƐĂƐŽŌďŽŶĚŝŶŐĂŶĚĂƐŽŌĂŶĚĐŽŽůĐƵƚ͘
/ŶŽƌĚĞƌƚŽĞdžƚĞŶĚƚŚĞĚƵƌĂďŝůŝƚLJ͕ƚŚĞŐƌŝŶĚŝŶŐƉŽŝŶƚƐŚŽƵůĚ
ďĞĐůĞĂŶĞĚǁŝƚŚĂƐƉĞĐŝĂůĐůĞĂŶŝŶŐƐƚŽŶĞ͘
ůϭ
^ƚŬͬ͘ƉĐ
ĚϮ
Ěϭ
ůϮ
^ŝŶƚĞƌĚŝĂŵĂŶƚͲ^ƟŌĞ͕DĞƚĂůůŐĞďƵŶĚĞŶ
^ŝŶƚĞƌĞĚĚŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚ͕ŵĞƚĂůďŽŶĚŝŶŐ
,ĞƌǀŽƌƌĂŐĞŶĚĨƺƌĚŝĞĞĂƌďĞŝƚƵŶŐǀŽŶ<ĞƌĂŵŝŬƵŶĚ'ůĂƐ͘
hŵĚŝĞ>ĞďĞŶƐĚĂƵĞƌĞŝŶĞƐ^ŝŶƚĞƌĚŝĂŵĂŶƚͲ^ƟŌĞƐnjƵǀĞƌůćŶͲ
ŐĞƌŶ͕ƐŽůůƚĞĚŝĞƐĞƌŝŵEĂƐƐƐĐŚůŝīďĞŶƵƚnjƚǁĞƌĚĞŶƵŶĚǀŽŶ
ĞŝƚnjƵĞŝƚŵŝƚĞŝŶĞŵƐƉĞnjŝĞůůĞŶZĞŝŶŝŐƵŶŐƐƐƚĞŝŶŐĞƌĞŝŶŝŐƚ
ǁĞƌĚĞŶ͘^ŝĞŚĂďĞŶĞŝŶĞƐĞŚƌŚŽŚĞsĞƌƐĐŚůĞŝƘĨĞƐƟŐŬĞŝƚ͕
ĞƌnjĞƵŐĞŶĂďĞƌŵĞŚƌ,ŝƚnjĞ͘
ĚϮ
ĚϭdžůϮ
ϭϬϳ
^ƚŬͬ͘ƉĐ
LJůŝŶĚĞƌͬLJůŝŶĚĞƌ
Ϯ͕ϯϱ
ϭ͕Ϭdžϯ͕ϱ
ϲϮϳϯϲϱϭ
Ϯ͕ϯϱ
ϭ͕ϲdžϭϬ
ϲϮϳϯϲϱϮ
Ϯ͕ϯϱ
ϯ͕ϭdžϭϬ
ϲϮϳϯϲϱϯ
Ϯ͕ϯϱ
ϱ͕ϬdžϭϬ
ϲϮϳϯϲϱϰ
džĐĞůůĞŶƚĨŽƌǁŽƌŬŝŶŐŽŶĐĞƌĂŵŝĐĂŶĚŐůĂƐƐ͘
&ůƵŝĚƐŚŽƵůĚďĞƵƐĞĚƚŽĞdžƚĞŶĚƚŚĞĚƵƌĂďŝůŝƚLJ͕ĂůƐŽƚŚĞ
ŐƌŝŶĚŝŶŐƉŽŝŶƚƐŚŽƵůĚďĞĐůĞĂŶĞĚǁŝƚŚĂƐƉĞĐŝĂůĐůĞĂŶŝŶŐ
ƐƚŽŶĞ͘dŚĞLJŚĂǀĞĂǀĞƌLJŚŝŐŚǁĞĂƌƌĞƐŝƐƚĂŶĐĞĂŶĚƉƌŽĚƵĐĞ
ŵŽƌĞŚĞĂƚ͘
^ĐŚůĞŝĨƂů^͘ϭϮϱ
ŇƵŝĚƉ͘ϭϮϱ
ůϭ
Ěϭ
ĚϮ
ůϮ
<ƵŐĞůͬĂůůƐŚĂƉĞ
Ϯ͕ϯϱ
ϯ͕ϱ
ϲϮϳϯϲϲϭ
^ƉŝƚnjŬĞŐĞůͬŽŶĞƐŚĂƉĞ
Ϯ͕ϯϱ
Ϯ͕ϯdžϴ
ϲϮϳϯϲϲϱ
tĂůnjĞŶƌƵŶĚͬLJůŝŶĚĞƌͲZĂĚŝƵƐŶĚ
Ϯ͕ϯϱ
ϯ͕ϭdžϭϬ
ϲϮϳϯϲϳϭ
dƌĂƉĞnj;ͲͿͬ/ŶǀĞƌƚĞĚŽŶĞ^ŚĂƉĞ;ͲͿ
Ϯ͕ϯϱ
ϯ͕ϳdžϭϬ
ϲϮϳϯϲϳϱ
Ύ
dƌĂƉĞnj;нͿͬ/ŶǀĞƌƚĞĚŽŶĞ^ŚĂƉĞ;нͿ
Ϯ͕ϯϱ
ϯ͕ϳdžϭϬ
ϲϮϳϯϲϳϲ
ΎƵƐůĂƵĨĂƌƟŬĞůͬĚŝƐĐŽŶƟŶƵĞĚŝƚĞŵ
Ύ
^ŝŶƚĞƌĚŝĂŵĂŶƚͲ^ƟŌĞͲ^Ğƚ͕ϵͲƚĞŝůŝŐ
^ŝŶƚĞƌĞĚĚŝĂŵŽŶĚƉŽŝŶƚͲ^Ğƚ͕ϵƉŝĞĐĞƐ
ZĞĚƵnjŝĞƌŚƺůƐĞŶ^͘ϳϳ
ƌĞĚƵĐŝŶŐƐůĞĞǀĞƉ͘ϳϳ
ϵͲƚĞŝůŝŐĞƐ^ŝŶƚĞƌĚŝĂŵĂŶƚͲ^ƟŌĞͲ^ĞƚĂƵĨĞŝŶĞŵϮ͕ϯϱŵŵ^ĐŚĂŌ
^ŝŶƚĞƌĞĚĚŝĂŵŽŶĚƉŽŝŶƚͲƐĞƚŽŶĂϮ͘ϯϱŵŵƐŚĂŶŬ͕ĐŽŶƚĂŝŶƐϵƉŝĞĐĞƐ͘
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲϮϳϯϲϱϬ
^ƉĞnjŝĂůƐƚĞŝŶnjƵŵZĞŝŶŝŐĞŶǀŽŶŝĂŵĂŶƚͲ^ƟŌĞŶ
^ƉĞĐŝĂůůĞĂŶŝŶŐƐƚŽŶĞĨŽƌĚŝĂŵŽŶĚƉŽŝŶƚƐ
ĞƌZĞŝŶŝŐƵŶŐƐƐƚĞŝŶŵƵƐƐŶĂƐƐǀĞƌǁĞŶĚĞƚǁĞƌĚĞŶ͘ĂnjƵĚĞŶůŽĐŬǀŽƌ
ĚĞƌĞŶƵƚnjƵŶŐŝŶtĂƐƐĞƌĞŝŶůĞŐĞŶƵŶĚǁĂƌƚĞŶďŝƐŬĞŝŶĞůĂƐĞŶŵĞŚƌ
ĂƵĨƐƚĞŝŐĞŶ͘ŝĞ&ĞƵĐŚƟŐŬĞŝƚǀĞƌŚŝŶĚĞƌƚĚŝĞ^ƚĂƵďĞŶƚǁŝĐŬůƵŶŐƵŶĚ
ǀĞƌďĞƐƐĞƌƚĚŝĞZĞŝŶŝŐƵŶŐƐǁŝƌŬƵŶŐŵĂƘŐĞďůŝĐŚ͘
Eƌͬ͘EŽ͘
dŚĞƐƚŽŶĞŚĂƐƚŽďĞƵƐĞĚǁĞƚ͘dŚĞƌĞĨŽƌĞƉůĂĐĞƚŚĞƐƚŽŶĞŝŶǁĂƚĞƌƵŶƟů
ŶŽĂŝƌďƵďďůĞƐĂƐĐĞŶĚ͕ƐŽƚŚĞĚƵƐƚĨŽƌŵĂƟŽŶǁŝůůďĞƌĞĚƵĐĞĚĂŶĚƚŚĞ
ĐůĞĂŶŝŶŐĞīĞĐƚǁŝůůďĞŝŵƉƌŽǀĞĚ͘
^ƚŬͬ͘ƉĐ
ϲϮϳϯϴϬ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
Ϯϰ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEd^,>/&^d/&dͳ^d^ͬ/DKE'Z/E/E'WK/Ed^d^
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌĞͲ^Ğƚ͕ϯϬͲƚĞŝůŝŐ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚͲ^Ğƚ͕ϯϬƉŝĞĐĞƐ
ϯϬͲƚĞŝůŝŐĞƐŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌĞͲ^Ğƚ
ϯϬƉŝĞĐĞƐƐĞƚŽĨĚŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚƐ
ĞŝŶĨĂĐŚĞ/ŶĚƵƐƚƌŝĞƋƵĂůŝƚćƚ
ƐŝŵƉůĞŝŶĚƵƐƚƌLJƋƵĂůŝƚLJ
ŐƵƚĞ/ŶĚƵƐƚƌŝĞƋƵĂůŝƚćƚ
ŐŽŽĚŝŶĚƵƐƚƌLJƋƵĂůŝƚLJ
ÓͲŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
Eƌͬ͘EŽ͘
ϭ͕ϬͲϰ͕Ϭ
ϯ
ϲϮϳϯϬϬͬ^,
ϭ͕ϬͲϱ͕Ϭ
ϯ
ϲϮϳϯϬϬͬ>,
^ƚŬͬ͘ƉĐ
ÓͲŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϭ͕ϬͲϭϬ͕Ϭ
ϭ͕ϬͲϱ͕Ϭ
Ϯ͕ϯϱ
ϲϮϳϰϬϬ
ϯ
ϲϮϳϯϬϬ
ϲϮϳϯϬϬͬ^,
ϲϮϳϰϬϬ
ϲϮϳϯϬϬͬ>,
ϲϮϳϯϬϬ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌĞͲ^Ğƚ͕ϭϬͲƚĞŝůŝŐ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚͲ^Ğƚ͕ϭϬƉŝĞĐĞƐ
ϭϬͲƚĞŝůŝŐĞƐŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌĞͲ^Ğƚŵŝƚϯŵŵ^ĐŚĂŌ
ŚŽĐŚǁĞƌƟŐĞYƵĂůŝƚćƚ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚͲƐĞƚǁŝƚŚϯŵŵƐŚĂŶŬ͕ĐŽŶƚĂŝŶƐϭϬƉŝĞĐĞƐ͘
ŚŝŐŚƋƵĂůŝƚLJ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲϮϳϯϬϬͬ^ϭϬ
ŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌĞͲ^Ğƚ͕ϲͲƚĞŝůŝŐ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚͲ^Ğƚ͕ϲƉŝĞĐĞƐ
ϲͲƚĞŝůŝŐĞƐŝĂŵĂŶƚƐĐŚůĞŝĨƐƟŌĞͲ^Ğƚŵŝƚϲŵŵ^ĐŚĂŌ͘
/ŶŚĂůƚ͗
ϭLJůŝŶĚĞƌ͗
Tϴdžϭϱŵŵ
ϭ<ƵŐĞů͗ Tϴŵŵ
ϭtĂůnjĞŶƌƵŶĚ͗
Tϴdžϭϱŵŵ
ϭ^ƉŝƚnjďŽŐĞŶ͗
TϭϬdžϭϵŵŵ
ϭ^ƉŝƚnjŬĞŐĞů͗
Tϴdžϭϱŵŵ͕ϯϬΣ
ϭ<ĞŐĞůŵŝƚĂďŐĞŇĂĐŚƚĞƌ^ƉŝƚnjĞ͗ TϴĂƵĨϰdžϭϱŵŵ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚͲƐĞƚǁŝƚŚϲŵŵƐŚĂŶŬ͕ĐŽŶƚĂŝŶƐϲƉŝĞĐĞƐ͘
ŽŶƚĞŶƚ͗
ϭLJůŝŶĚĞƌ͗
Óϴdžϭϱŵŵ
ϭĂůůƐŚĂƉĞ͗
Óϴŵŵ
ϭLJůŝŶĚĞƌ͕ZĂĚŝƵƐŶĚ͗
Óϴdžϭϱŵŵ
Eƌͬ͘EŽ͘
ϭdƌĞĞƐŚĂƉ͕WŽŝŶƚĞĚŶĚ͗
ÓϭϬdžϭϵŵŵ
ϭŽŶĞƐŚĂƉĞ͗
Óϴdžϭϱŵŵ͕ϯϬΣ
ϲϮϳϯϬϬͬ^ϲϲ
ϭŽŶĞ^ŚĂƉĞǁŝƚŚŇĂƚƚŽƉ͗
ÓϴƚŽϰdžϭϱŵŵ
^ƚŬͬ͘ƉĐ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
Ϯϱ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^,/Eͬ'Z/E/E't,>^
^ĐŚůĞŝĨƐĐŚĞŝďĞŶ
'ƌŝŶĚŝŶŐǁŚĞĞůƐ
/ŶĚŝǀŝĚƵĞůůĞ^ĐŚůĞŝĨƐĐŚĞŝďĞŶǁĞƌĚĞŶĂŶŚĂŶĚǀŽŶĞŝĐŚŶƵŶŐĞŶŽĚĞƌĚĞŵdLJƉŬĂůŬƵůŝĞƌƚƵŶĚĂŶŐĞďŽƚĞŶ͘
/ŶŝǀŝĚƵĂůŐƌŝŶĚŝŶŐǁŚĞĞůƐĂƌĞĐĂůĐƵůĂƚĞĚĂŶĚŽīĞƌĞĚŽŶƚŚĞďĂƐŝƐŽĨĚƌĂǁŝŶŐƐŽƌƚŚĞƚLJƉĞ͘
ϰϮ
Ϯϲ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^,/Eͬ'Z/E/E't,>^
'ĂůǀĂŶŝƐĐŚŐĞďƵŶĚĞŶĞŝĂŵĂŶƚdŽƉĨƐĐŚůĞŝĨƐĐŚĞŝďĞ
ůĞĐƚƌŽƉůĂƚĞĚĚŝĂŵŽŶĚĐƵƉǁŚĞĞů
dŽƉĨƐĐŚĞŝďĞ&ŽƌŵϭϮϮnjƵŵ^ƟĐŚĞůƐĐŚůĞŝĨĞŶ
ƵƉǁŚĞĞůƐŚĂƉĞϭϮϮĨŽƌŐƌĂǀŝŶŐƚŽŽůŐƌŝŶĚŝŶŐ
T
ŵŵ
d
ŵŵ
,
ŵŵ
ŵŵ
:
ŵŵ
y
ŵŵ
t
ŵŵ
^
ϭϮϲ
^ƚŬͬ͘ƉĐ
ϭϬϬ
Ϯϯ
ϮϬ,ϴ
ϭϬ
ϱϲ
ϴ
ϰϭ
ϯϱΣ
ϴϮϬϭϬϭ
<ƵŶƐƚŚĂƌnjŐĞďƵŶĚĞŶĞŝĂŵĂŶƚƐĐŚĞŝďĞ
ZĞƐŝŶďŽŶĚĞĚĚŝĂŵŽŶĚŐƌŝŶĚŝŶŐǁŚĞĞů
&Žƌŵ
ƐŚĂƉĞ
ϭϭsϵ
ϭϮsϵ
ϭϮϮ
ϰϮ
ͬT
ŵŵ
d
ŵŵ
,
ŵŵ
y
ŵŵ
t
ŵŵ
<ŽŶnjĞŶƚƌĂƟŽŶ
ĐŽŶĐĞŶƚƌĂƟŽŶ
ϭϮϲ
ϳϱ
ϯϬ
ϮϬ
Ϯ
ϭϬ
ϭϬϬ
ϴϮϬϭϭϭ
ϭϬϬ
ϯϱ
ϮϬ
Ϯ
ϭϬ
ϭϬϬ
ϴϮϬϭϭϮ
ϭϬϬ
ϯϱ
ϮϬ
ϯ
ϭϬ
ϭϬϬ
ϴϮϬϭϭϯ
ϭϮϱ
ϰϬ
ϮϬ
ϯ
ϭϬ
ϭϬϬ
ϴϮϬϭϭϰ
ϳϱ
ϮϬ
ϮϬ
Ϯ
ϭϬ
ϭϬϬ
ϴϮϬϭϭϱ
ϭϬϬ
ϮϬ
ϮϬ
ϯ
ϭϬ
ϭϬϬ
ϴϮϬϭϭϲ
ϭϬϬ
Ϯϱ
ϮϬ
ϯ
ϭϬ
ϭϬϬ
ϴϮϬϭϭϳ
ϭϮϱ
Ϯϱ
ϮϬ
ϯ
ϭϬ
ϭϬϬ
ϴϮϬϭϭϴ
ϭϮϱ
ϭϬ
ϮϬ
Ϯ
ϱ
ϭϬϬ
ϴϮϬϭϭϵ
^ƚŬͬ͘ƉĐ
DĞƚĂůůͲƵŶĚŬĞƌĂŵŝƐĐŚŐĞďƵŶĚĞŶƐŽǁŝĞE^ĐŚĞŝďĞŶĂƵĨŶĨƌĂŐĞ
ŵĞƚĂů͕ĐĞƌĂŵŝĐďŽŶĚĞĚĂŶĚďŽƌŽŶŶŝƚƌŝĚĞǁŚĞĞůƐŽŶƌĞƋƵĞƐƚ
<ĞƌĂŵŝƐĐŚŐĞďƵŶĚĞŶĞdŽƉĨƐĐŚůĞŝĨƐĐŚĞŝďĞ
ĞƌĂŵŝĐďŽŶĚĞĚĐƵƉŐƌŝŶĚŝŶŐǁŚĞĞů
ͬT
ŵŵ
d
ŵŵ
,
ŵŵ
y
ŵŵ
t
ŵŵ
<tϴϬ
<tϭϮϬ
ϭϬϬ
ϱϬ
ϮϬ
ϭϬ
ϭϬ
ϴϮϬϭϬϮ
ϴϮϬϭϬϯ
^ƚŬͬ͘ƉĐ
<tϴϬ
ŵŝƚhŵĨĂŶŐƐƚƌćŶŬƵŶŐ
ǁŝƚŚƉĞƌŝƉŚĞƌĂůƚƌĞĂƚŵĞŶƚ
^ƚŬͬ͘ƉĐ
ϴϮϬϭϬϰ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
Ϯϳ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^,/Eͬ'Z/E/E't,>^
'ĂůǀĂŶŝƐĐŚŐĞďƵŶĚĞŶĞŝĂŵĂŶƚƐĐŚĞŝďĞ͕^ƵƉĞƌ'ƌŝŶĚĞƌ
ůĞĐƚƌŽƉůĂƚĞĚĚŝĂŵŽŶĚŐƌŝŶĚŝŶŐǁŚĞĞů͕ƐƵƉĞƌŐƌŝŶĚĞƌ
ŝĞ^ƵƉĞƌ'ƌŝŶĚĞƌ;h'tͿʹ^ĐŚůĞŝĨƐĐŚĞŝďĞŝƐƚĚŝĂŵĂŶƟĞƌƚƵŶĚ
ĞŝŐŶĞƚƐŝĐŚnjƵŵ^ĐŚůĞŝĨĞŶĂƵĨĂůůĞŶƐƚĂƟŽŶćƌĞŶ^ĐŚůĞŝĨŵĂƐĐŚŝŶĞŶ͘
DĞŝƐƚďĞĮŶĚĞŶƐŝĐŚĂƵĨĞŝŶĞŵŽƉƉĞůƐĐŚůĞŝĩŽĐŬĞŝŶĞ^ƵƉĞƌ'ƌŝŶĚĞƌ
ƵŶĚĞŝŶĞŵŝƚŬŽŶǀĞŶƟŽŶĞůůĞŶ^ĐŚůĞŝĨŵŝƩĞůŶďĞůĞŐƚĞ^ĐŚůĞŝĨƐĐŚĞŝďĞ͘
ŝĞƐĞƌŵƂŐůŝĐŚƚĞƐĚĞŵŶǁĞŶĚĞƌĚĂƐŐƌƂƘƚŵƂŐůŝĐŚĞ^ƉĞŬƚƌƵŵĂŶ
ƐĐŚůĞŝĩĂƌĞŶDĂƚĞƌŝĂůŝĞŶnjƵďĞĂƌďĞŝƚĞŶ͘ƵĐŚnjƵŵEƵƚĞŶƐĐŚůĞŝĨĞŶŝŶ
ďĞŝƐƉŝĞůƐǁĞŝƐĞ,ĂƌƚŵĞƚĂůů͕'ůĂƐ͕&ŝďƌĞŐůĂƐƵŶĚDĂƌŵŽƌĞŝŐŶĞƚƐŝĐŚ
ĚĞƌ^ƵƉĞƌ'ƌŝŶĚĞƌƐĞŚƌŐƵƚ͘
DŝŶŝŵƵŵϭ͘ϱϬϬhͬŵŝŶ;ĨƺƌTϭϱϬŵŵͿ
DĂdžŝŵƵŵϲ͘ϱϬϬhͬŵŝŶ;ĨƺƌTϭϱϬŵŵͿ
ͻ
ƐĐŚŶĞůůĞƐŬƺŚůĞƐ^ĐŚůĞŝĨĞŶ
ͻ
ŬĞŝŶĞ^ƚĂƵďďŝůĚƵŶŐ
ͻ
,ćůƚĚŝĞ^ĐŚůĞŝĨƐĐŚĞŝďĞŶĨŽƌŵ͕ĞŝŶďnjŝĞŚĞŶŽĚĞƌ^ĐŚćƌĨĞŶĚĞƌ
^ĐŚĞŝďĞŝƐƚŶŝĐŚƚĞƌĨŽƌĚĞƌůŝĐŚ͕ŬĞŝŶͣŝŶůĂƵĨĞŶ͞ǁŝĞďĞŝŬŽŶǀĞŶͲ
ƟŽŶĞůůĞŶ^ĐŚĞŝďĞŶ͘
ͻ
Ğƌ^ƵƉĞƌ'ƌŝŶĚĞƌĞŝŐŶĞƚƐŝĐŚŚĞƌǀŽƌƌĂŐĞŶĚnjƵŵ^ĐŚůĞŝĨĞŶǀŽŶ
DĂƚĞƌŝĂůŝĞŶǀŽŶŵĞŚƌĂůƐϰϬ,Z͘
ͬT
ŵŵ
d
ŵŵ
tϭ
ŵŵ
tϮ
ŵŵ
,
ŵŵ
ϭϮϲ
ϭϱϬ
Ϯϱ
ϭϱ
Ͷ
ϮϬ
ϴϮϬϭϮϭ
ϭϱϬ
Ϯϱ
ϭϱ
ϭϱ
ϮϬ
ϴϮϬϭϮϮ
ϭϱϬ
Ϯϱ
Ϯϱ
Ͷ
ϮϬ
ϴϮϬϭϮϯ
ϭϱϬ
Ϯϱ
Ϯϱ
Ϯϱ
ϮϬ
ϴϮϬϭϮϰ
ϮϬϬ
Ϯϱ
ϭϱ
Ͷ
ϮϬ
ϴϮϬϭϮϱ
ϮϬϬ
Ϯϱ
ϭϱ
ϭϱ
ϮϬ
ϴϮϬϭϮϲ
ϮϬϬ
Ϯϱ
Ϯϱ
Ͷ
ϮϬ
ϴϮϬϭϮϳ
ϮϬϬ
Ϯϱ
Ϯϱ
Ϯϱ
ϮϬ
ϴϮϬϭϮϴ
ϭϱϬ
ϭϯ
ϭϯ
ϭϯ
ϯϭ͕ϳϱ
ϴϮϬϭϮϵ
dŚĞ^ƵƉĞƌͲ'ƌŝŶĚĞƌǁŚĞĞůŝƐƉůĂƚĞĚǁŝƚŚĚŝĂŵŽŶĚŐƌĂŝŶƐ͕ƚŽďĞƵƐĞĚ
ŽŶĂŶLJďĞŶĐŚŐƌŝŶĚŝŶŐŵĂĐŚŝŶĞ͕ĐŽŵŵŽŶůLJĂĚĂƉƚĞĚŽŶŽŶĞƐŝĚĞŽĨ
ƚŚĞŵĂĐŚŝŶĞǁŚŝůĞĂĐŽŶǀĞŶƟŽŶĂůŐƌŝŶĚŝŶŐǁŚĞĞůŝƐĂĚĂƉƚĞĚŽŶƚŚĞ
ŽƚŚĞƌƐŝĚĞ͘dŚŝƐĂůůŽǁƐƚŚĞƵƐĞƌƚŽŐƌŝŶĚĂǁŝĚĞƌƐƉĞĐƚƌƵŵŽĨŵĂͲ
ƚĞƌŝĂůƐ͘&ŽƌƚŚĞŐƌŝŶĚŝŶŐĂŶĚƐŚĂƌƉĞŶŝŶŐŽĨƚŽŽůƐŵĂĚĞŽĨƚƵŶŐƐƚĞŶ
ĐĂƌďŝĚĞ͕,^^ĂŶĚŚĂƌĚĞŶĞĚŵĂƚĞƌŝĂůƐ͘
DŝŶŝŵƵŵZWDсϭ͕ϱϬϬZWD;ĨŽƌTϭϱϬŵŵͿ
DĂdžŝŵƵŵZWDсϲ͕ϱϬϬZWD;ĨŽƌTϭϱϬŵŵͿ
^ƵƉƉůLJŝŶŐĂĐŽŵƉƌĞŚĞŶƐŝǀĞƐŽůƵƟŽŶĨŽƌ͗
ͻ
'ƌŝŶĚŝŶŐŵĂƚĞƌŝĂůƐŽĨϰϬŚƌĐĂŶĚŚĂƌĚĞƌ͘
ͻ
>ŽǁǁĞŝŐŚƚͲƉƌŽƚĞĐƚƐƚŚĞĂdžĞƐŽĨƚŚĞŵĂĐŚŝŶĞ͘
ͻ
ůƵŵŝŶƵŵĐŽƌĞƌĞĚƵĐĞƐƚŚĞŐƌŝŶĚŝŶŐƚĞŵƉĞƌĂƚƵƌĞͲŶŽŶĞĞĚ
ĨŽƌĐŽŽůĂŶƚ͘
ͻ
EŽŶĞĞĚĨŽƌĚƌĞƐƐŝŶŐ͘
ͻ
tŚĞĞů͛ƐĚŝĂŵĞƚĞƌŝƐŶŽƚƌĞĚƵĐĞĚĚƵƌŝŶŐƚŚĞĞŶƟƌĞǁŚĞĞů͛ƐůŝĨĞ͘
ͻ
EŽĚƵƐƚŐĞŶĞƌĂƚĞĚͲŬĞĞƉƐƚŚĞǁŽƌŬƉůĂĐĞĐůĞĂŶ͘
^ƚŬͬ͘ƉĐ
ďƌŝĐŚƚƐƚĞŝŶĞĨƺƌŬĞƌĂŵŝƐĐŚĞ^ĐŚůĞŝĨƐĐŚĞŝďĞŶ
ƌĞƐƐŝŶŐƐƚŽŶĞƐĨŽƌĐĞƌĂŵŝĐŐƌŝŶĚŝŶŐǁŚĞĞůƐ
ŽƌĐĂƌďŝĚͬďŽƌŽŶĐĂƌďŝĚĞ
^ŝ͕<ϮϰϬ͕ŚĂƌƚĞŝŶĚƵŶŐͬŚĂƌĚďŽŶĚŝŶŐ
DĂƘĞͬƐŝnjĞ
ŵŵ
Eƌͬ͘EŽ͘
ϰ͕ϴdžϭϯdžϳϱ
ϲϭϬϯϱϱϭϬ
^ƚŬͬ͘ƉĐ
DĂƘĞͬƐŝnjĞ
ŵŵ
Eƌͬ͘EŽ͘
ϮϱdžϮϱdžϭϱϬ
ϲϭϬϯϱϱϭϭ
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
^ƉĞnjŝĂůŚĂůƚĞƌĨƺƌŽƌĐĂƌďŝĚƐƚĞŝŶĞ
,ŽůĚĞƌĨŽƌƐƚŽŶĞƐŵĂĚĞŽĨďŽƌŽŶĐĂƌďŝĚĞ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲϭϬϯϱϲϭϬ
Ěŝǀ͘ďƌŝĐŚƚƐƚĞŝŶĞ
ƐĞǀĞƌĂůĚƌĞƐƐŝŶŐƐƚŽŶĞƐ
ďƌŝĐŚƚƐƚĞŝŶĞĨƺƌEͲͬŝĂŵĂŶƚͲ^ĐŚůĞŝĨƐĐŚĞŝďĞŶ
ƌĞƐƐŝŶŐƐƚŽŶĞƐĨŽƌEĂŶĚĚŝĂŵŽŶĚŐƌŝŶĚŝŶŐǁŚĞĞůƐ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
DĂƘĞͬƐŝnjĞ
ŵŵ
<ϭϱϬ
ƐĞŚƌǁĞŝĐŚ
ǀĞƌLJƐŽŌ
<ϭϱϬ
ŵŝƩĞů
ŵĞĚŝƵŵ
<ϮϮϬ
ǁĞŝĐŚ
ƐŽŌ
<ϮϮϬ
ŵŝƩĞů
ŵĞĚŝƵŵ
ϭϯdžϭϯdžϭϬϬ
ϲϭϬϯϱϱϭϮͬϭϱ^t
ϲϭϬϯϱϱϭϮͬϭϱD
ϲϭϬϯϱϱϭϮͬϮϮt
ϲϭϬϯϱϱϭϮͬϮϮD
Ϯϱ
ϭϵdžϭϵdžϭϬϬ
ϲϭϬϯϱϱϭϯͬϭϱ^t
ϲϭϬϯϱϱϭϯͬϭϱD
ϲϭϬϯϱϱϭϯͬϮϮt
ϲϭϬϯϱϱϭϯͬϮϮD
Ϯϱ
ϮϱdžϮϱdžϭϬϬ
ϲϭϬϯϱϱϭϰͬϭϱ^t
ϲϭϬϯϱϱϭϰͬϭϱD
ϲϭϬϯϱϱϭϰͬϮϮt
ϲϭϬϯϱϱϭϰͬϮϮD
ϭϬ
DĂƘĞͬƐŝnjĞ
ŵŵ
<ϭϱϬ
<Z͕ǁĞŝƘͬǁŚŝƚĞ
ǁĞŝĐŚͬƐŽŌ
<ZŽƌĂŶŐĞ
ǁĞŝĐŚͬƐŽŌ
<ϮϮϬ
<ZǁĞŝƘͬǁŚŝƚĞ
ŵŝƩůĞƌĞͬŵĞĚŝƵŵ
<ZǁĞŝƘͬǁŚŝƚĞ
ǁĞŝĐŚͬƐŽŌ
ϭϵdžϭϵdžϭϬϬ
ϲϭϬϯϱϱϭϱ
Ͷ
Ͷ
Ͷ
ϮϱdžϮϱdžϭϱϬ
Ͷ
ϲϭϬϯϱϱϭϲ
ϲϭϬϯϱϱϭϳ
ϲϭϬϯϱϱϭϴ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
Ϯϴ
^ƚŬͬ͘ƉĐΎ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEdZ/,dZͬ/DKEZ^^Z
ŝĂŵĂŶƚĂďƌŝĐŚƚƐƚĞŝŶĞ
ŝĂŵŽŶĚĚƌĞƐƐĞƌ
ŝĂŵĂŶƚĂďƌŝĐŚƚƐƚĞŝŶĞĨƺƌĚŝĞZĞŝŶŝŐƵŶŐǀŽŶ
ŬĞƌĂŵŝƐĐŚĞŶ^ĐŚůĞŝĨƐĐŚĞŝďĞŶ͘
ŝŶƐƚĞŝŶĂďƌŝĐŚƚĞƌ
^ŝŶŐůĞƐƚŽŶĞĚƌĞƐƐĞƌ
ŝĂŵŽŶĚĚƌĞƐƐĞƌƐĨŽƌĐůĞĂŶŝŶŐŽĨĐĞƌĂŵŝĐ
ŐƌŝŶĚŝŶŐǁŚĞĞůƐ͘
DĞŚƌƐƚĞŝŶĂďƌŝĐŚƚĞƌ
DƵůƟƉůĞƐƚŽŶĞĚƌĞƐƐĞƌ
DĞŚƌŬŽƌŶĂďƌŝĐŚƚĞƌ
DƵůŝƚŐƌŝƚĚƌĞƐƐĞƌ
&ƺƌ^ĐŚĞŝďĞŶŵŝƚŬůĞŝŶĞƌĞƌ
ƌĞŝƚĞ͘
&ŽƌĚŝƐĐƐǁŝƚŚĂƐŵĂůůǁŝĚƚŚ͘
&ƺƌŐƌŽƘĞƵŶĚƐĞŚƌďƌĞŝƚĞ
^ĐŚĞŝďĞŶ͘
&ŽƌůĂƌŐĞĂŶĚǁŝĚĞĚŝƐĐƐ͘
&ƺƌƐĐŚŵĂůĞ͕ƐĐŚĂƌŅĂŶƟŐĞƵŶĚ
ƐƉŝƚnjĞ^ĐŚĞŝďĞŶ͘
&ŽƌŶĂƌƌŽǁ͕ƐŚĂƌƉͲĞĚŐĞĚĂŶĚ
ƉŽŝŶƚĞĚĚŝƐĐƐ͘
ÓdžƌĞŝƚĞŵŵ
ÓdžǁŝĚƚŚŵŵ
Đƚ
ÓdžƌĞŝƚĞŵŵ
ÓdžǁŝĚƚŚŵŵ
^ƚĞŝŶĂŶnjĂŚů
ƐƚŽŶĞƋƵĂŶƟƚLJ
ÓdžƌĞŝƚĞŵŵ
ÓdžǁŝĚƚŚŵŵ
Đƚ
ϭϬϬdžϰϬ
Ϭ͕ϯ
ϯϬϬdžϭϮϬͲ
ϱϴϬdžϯϮϬ
ϲ^ƚͬ͘ϭ͕ϬĐƚ
ϭϬϬdžϰϬϬ
ϭ͕Ϭ
ϯϬϬdžϭϬϬ
Ϭ͕ϱ
шϱϴϬdžϯϮϬ
ϯ^ƚͬ͘ϭ͕ϬĐƚ
ϮϬϬdžϰϬϬ
ϭ͕ϱ
ϰϱϬdžϭϲϬ
Ϭ͕ϳϱ
Ͷ
Ͷ
ϰϭϬdžϰϬϬ
ϭ͕ϳϱ
ϲϱϬdžϮϮϬ
ϭ͕Ϭ
Ͷ
Ͷ
шϰϭϬdžϰϬϬ
Ϯ͕ϳϱ
ŝŶƐƚĞŝŶĂďƌŝĐŚƚĞƌ
^ŝŶŐůĞƐƚŽŶĞĚƌĞƐƐĞƌ
dLJƉ
ƚLJƉĞ
'ĞƐĂŵƚůćŶŐĞŵŵ
ƚŽƚĂůůĞŶŐƚŚŵŵ
Ϭ͕ϯĐƚ
^ƚŬͬ͘ƉĐ
Ϭ͕ϱĐƚ
D<Ϭ
ϯϭ͕ϱ
ϲϯϭϲϭϬͬϬϯ
D<ϭ
ϰϵ
Ͷ
ÓϴdžϯϬ
ϯϬ
ÓϴdžϵϬ
ϵϬ
ÓϭϬdžϲϬ
ϲϬ
^ƚŬͬ͘ƉĐ
ϲϯϭϲϭϬͬϬϱ
ϲϯϭϲϭϬͬϬϳϱ
ϲϯϭϲϭϬͬϭϬ
Ͷ
ϲϯϭϲϭϭͬϬϱ
ϲϯϭϲϭϭͬϬϳϱ
ϲϯϭϲϭϭͬϭϬ
ϲϯϭϲϭϮͬϬϯ
ϲϯϭϲϭϮͬϬϱ
Ͷ
Ͷ
Ͷ
ϲϯϭϲϭϯͬϬϯ
ϲϯϭϲϭϯͬϬϱ
Ͷ
Ͷ
ϲϯϭϲϭϯͬϭϬ
ϲϯϭϲϭϰͬϬϯ
ϲϯϭϲϭϰͬϬϱ
ϲϯϭϲϭϰͬϬϳϱ
Ϭ͕ϳϱĐƚ
^ƚŬͬ͘ƉĐ
ϭ͕ϬĐƚ
^ƚŬͬ͘ƉĐ
Ͷ
Ͷ
Ͷ
DĞŚƌƐƚĞŝŶĂďƌŝĐŚƚĞƌ
DƵůƟƉůĞƐƚŽŶĞĚƌĞƐƐĞƌ
dLJƉ
ƚLJƉĞ
'ĞƐĂŵƚůćŶŐĞŵŵ
ƚŽƚĂůůĞŶŐƚŚŵŵ
ϯ^ƚĞŝŶĞ
ϯƐƚŽŶĞƐ
^ƚŬͬ͘ƉĐ
ϲ^ƚĞŝŶĞ
ϲƐƚŽŶĞƐ
D<Ϭ
ϯϭ͕ϱ
ϲϯϭϲϮϭͬϯ
ϲϯϭϲϮϭͬϲ
D<ϭ
ϱϭ
ϲϯϭϲϮϮͬϯ
ϲϯϭϲϮϮͬϲ
ÓϴdžϵϬ
ϵϬ
ϲϯϭϲϮϯͬϯ
ϲϯϭϲϮϯͬϲ
^ƚŬͬ͘ƉĐ
DĞŚƌŬŽƌŶĂďƌŝĐŚƚĞƌ
DƵůƟŐƌŝƚĚƌĞƐƐĞƌ
ϲϯϭϲϮϭͬϯ
ϲϯϭϲϮϮͬϲ
ϮϭϯĂƵĨŶĨĂŐĞ
ϮϭϯŽŶƌĞƋƵĞƐƚ
dLJƉ
ƚLJƉĞ
'ĞƐĂŵƚůćŶŐĞŵŵ
ƚŽƚĂůůĞŶŐƚŚŵŵ
ϭĐƚ
ϴϱϭ
^ƚŬͬ͘ƉĐ
D<Ϭ
ϰϬ
ϲϯϭϲϯϭͬϭϬϬ
Ͷ
D<ϭ
ϲϬ
Ͷ
ÓϴdžϭϬϬ
ϭϬϬ
ϲϯϭϲϯϯͬϭϬϬ
ÓϭϮdžϭϱϬ
ϭϱϬ
Ͷ
Ͷ
ϭ͕ϳϱĐƚ
ϴϱϭ
^ƚŬͬ͘ƉĐ
Ϯ͕ϳϱĐƚ
ϴϱϭ
^ƚŬͬ͘ƉĐ
Ͷ
Ͷ
Ͷ
Ͷ
ϲϯϭϲϯϮͬϭϳϱ
ϲϯϭϲϯϮͬϮϳϱ
ϲϯϭϲϯϯͬϭϳϱ
Ͷ
Ͷ
Ͷ
ϲϯϭϲϯϭ
Ͷ
ϲϯϭϲϯϰͬϮϳϱ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
Ϯϵ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEdͳdZEE^,/Eͬ/DKEhdͳK&&t,>^
ŝĂŵĂŶƚͲdƌĞŶŶƐĐŚĞŝďĞŶ
ŝĂŵŽŶĚĐƵƚͲŽīǁŚĞĞůƐ
Eƌͬ͘EŽ͘Ύ
Tŵŵ
^ƚĂŵŵďůĂƩ ŽŚƌƵŶŐT
ďůĂĚĞ
ďŽƌĞT
^ĐŚŶŝƩďƌĞŝƚĞďĞŝ<ƂƌŶƵŶŐ
ĐƵƫŶŐǁŝĚƚŚďLJŐƌŝƚ
ϭϮϲ
^ƚŬͬ͘ƉĐ
ϳϲ
ϵϭ ϭϬϳ
ϲϯϳϭϭϬͬ͘͘
ϮϬ
Ϭ͕ϱ
ϱ͕Ϭ
Ϭ͕ϳϬ
Ϭ͕ϳϱ
Ϭ͕ϴϬ
Ϭ͕ϴϱ
ϭϱϭ ϭϴϭ
Ϭ͕ϵϬ
Ϭ͕ϵϱ
ϲϯϳϭϭϭͬ͘͘
ϮϬ
ϭ͕Ϭ
ϱ͕Ϭ
ϭ͕ϮϬ
ϭ͕Ϯϱ
ϭ͕ϯϬ
ϭ͕ϯϱ
ϭ͕ϰϬ
ϭ͕ϰϱ
ϲϯϳϭϭϯͬ͘͘
ϮϬ
Ϯ͕Ϭ
ϱ͕Ϭ
Ϯ͕ϮϬ
Ϯ͕Ϯϱ
Ϯ͕ϯϬ
Ϯ͕ϯϱ
Ϯ͕ϰϬ
Ϯ͕ϰϱ
ϲϯϳϭϭϰͬ͘͘
Ϯϱ
Ϭ͕ϱ
ϴ͕Ϭ
Ϭ͕ϳϬ
Ϭ͕ϳϱ
Ϭ͕ϴϬ
Ϭ͕ϴϱ
Ϭ͕ϵϬ
Ϭ͕ϵϱ
ϲϯϳϭϭϱͬ͘͘
Ϯϱ
ϭ͕Ϭ
ϴ͕Ϭ
ϭ͕ϮϬ
ϭ͕Ϯϱ
ϭ͕ϯϬ
ϭ͕ϯϱ
ϭ͕ϰϬ
ϭ͕ϰϱ
ϲϯϳϭϭϳͬ͘͘
Ϯϱ
Ϯ͕Ϭ
ϴ͕Ϭ
Ϯ͕ϮϬ
Ϯ͕Ϯϱ
Ϯ͕ϯϬ
Ϯ͕ϯϱ
Ϯ͕ϰϬ
Ϯ͕ϰϱ
ϲϯϳϭϭϴͬ͘͘
ϯϮ
Ϭ͕ϱ
ϴ͕Ϭ
Ϭ͕ϳϬ
Ϭ͕ϳϱ
Ϭ͕ϴϬ
Ϭ͕ϴϱ
Ϭ͕ϵϬ
Ϭ͕ϵϱ
ϲϯϳϭϭϵͬ͘͘
ϯϮ
ϭ͕Ϭ
ϴ͕Ϭ
ϭ͕ϮϬ
ϭ͕Ϯϱ
ϭ͕ϯϬ
ϭ͕ϯϱ
ϭ͕ϰϬ
ϭ͕ϰϱ
ϲϯϳϭϮϭͬ͘͘
ϯϮ
Ϯ͕Ϭ
ϴ͕Ϭ
Ϯ͕ϮϬ
Ϯ͕Ϯϱ
Ϯ͕ϯϬ
Ϯ͕ϯϱ
Ϯ͕ϰϬ
Ϯ͕ϰϱ
ϲϯϳϭϮϮͬ͘͘
ϰϬ
Ϭ͕ϱ
ϭϬ͕Ϭ
Ϭ͕ϳϬ
Ϭ͕ϳϱ
Ϭ͕ϴϬ
Ϭ͕ϴϱ
Ϭ͕ϵϬ
Ϭ͕ϵϱ
ϲϯϳϭϮϯͬ͘͘
ϰϬ
ϭ͕Ϭ
ϭϬ͕Ϭ
ϭ͕Ϯϱ
ϭ͕ϯϬ
ϭ͕ϯϱ
ϭ͕ϰϬ
ϭ͕ϰϱ
ϭ͕ϱϬ
ϲϯϳϭϮϱͬ͘͘
ϰϬ
Ϯ͕Ϭ
ϭϬ͕Ϭ
Ϯ͕Ϯϱ
Ϯ͕ϯϬ
Ϯ͕ϯϱ
Ϯ͕ϰϬ
Ϯ͕ϰϱ
Ϯ͕ϱϬ
ϲϯϳϭϮϲͬ͘͘
ϱϬ
Ϭ͕ϱ
ϭϯ͕Ϭ
Ϭ͕ϳϬ
Ϭ͕ϳϱ
Ϭ͕ϴϬ
Ϭ͕ϴϱ
Ϭ͕ϵϬ
ϭ͕ϬϬ
ϲϯϳϭϮϳͬ͘͘
ϱϬ
ϭ͕Ϭ
ϭϯ͕Ϭ
ϭ͕ϮϬ
ϭ͕Ϯϱ
ϭ͕ϯϬ
ϭ͕ϯϱ
ϭ͕ϰϬ
ϭ͕ϰϱ
ϲϯϳϭϮϵͬ͘͘
ϱϬ
Ϯ͕Ϭ
ϭϯ͕Ϭ
Ϯ͕ϮϬ
Ϯ͕Ϯϱ
Ϯ͕ϯϬ
Ϯ͕ϯϱ
Ϯ͕ϰϬ
Ϯ͕ϰϱ
ϲϯϳϭϯϬͬ͘͘
ϲϯ
Ϭ͕ϴ
ϭϲ͕Ϭ
ϭ͕ϬϬ
ϭ͕Ϭϱ
ϭ͕ϭϬ
ϭ͕ϭϱ
ϭ͕ϮϬ
ϭ͕Ϯϱ
ϲϯϳϭϯϮͬ͘͘
ϲϯ
Ϯ͕Ϭ
ϭϲ͕Ϭ
Ϯ͕ϮϬ
Ϯ͕Ϯϱ
Ϯ͕ϯϬ
Ϯ͕ϯϱ
Ϯ͕ϰϬ
Ϯ͕ϰϱ
ϲϯϳϭϯϯͬ͘͘
ϭϬϬ
ϭ͕Ϭ
ϭϲ͕Ϭ
Ϯ͕ϮϬ
Ϯ͕Ϯϱ
Ϯ͕ϯϬ
Ϯ͕ϯϱ
Ϯ͕ϰϬ
Ϯ͕ϰϱ
ϲϯϳϭϯϱͬ͘͘
ϭϮϱ
ϭ͕Ϭ
ϮϮ͕Ϭ
ϭ͕ϮϬ
ϭ͕Ϯϱ
ϭ͕ϯϬ
ϭ͕ϯϱ
ϭ͕ϰϬ
ϭ͕ϰϱ
ϲϯϳϭϯϳͬ͘͘ΎΎ
ϲϯ
Ϭ͕ϴ
ϭϲ͕Ϭ
ϭ͕ϬϬ
ϭ͕Ϭϱ
ϭ͕ϭϬ
ϭ͕ϭϱ
ϭ͕ϮϬ
ϭ͕Ϯϱ
ϲϯϳϭϯϴͬ͘͘ΎΎ
ϭϮϱ
ϭ͕Ϭ
ϮϮ͕Ϭ
ϭ͕ϮϬ
ϭ͕Ϯϱ
ϭ͕ϯϬ
ϭ͕ϯϱ
ϭ͕ϰϬ
ϭ͕ϰϱ
ΎŝƩĞĚŝĞ<ƂƌŶƵŶŐĂŶŚćŶŐĞŶƐƉ͗͘ϲϯϳϭϭϬͬϭϮϲͬƉůĞĂƐĞĂĚĚƚŚĞŐƌŝƚ͗Ğ͘Ő͘ϲϯϳϭϭϬͬϭϮϲ
ΎΎƐĞŐŵĞŶƟĞƌƚĞĞƐĐŚŝĐŚƚƵŶŐͬƐĞŐŵĞŶƚĞĚĐŽĂƟŶŐ
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
ŝĂŵĂŶƚͲdƌĞŶŶƐĐŚĞŝďĞŶ͕ŐĂůǀĂŶŝƐĐŚďĞůĞŐƚ
ŝĂŵŽŶĚĐƵƚͲŽīǁŚĞĞůƐ͕ĞůĞĐƚƌŽƉůĂƚĞĚ
Tŵŵ
^ƚĂŵŵďůĂƩ
ďůĂĚĞ
ŽŚƌƵŶŐT
ďŽƌĞT
<ƂƌŶƵŶŐ
Őƌŝƚ
Eƌͬ͘EŽ͘
ϭϵ
Ϭ͕ϯϱ
ϭ͕ϲ
ϵϭ
ϲϮϳϯϳϲ
ϭϵ
Ϭ͕ϱ
ϭ͕ϲ
ϭϱϭ
ϲϮϳϯϳϳ
Ϯϱ
Ϭ͕Ϯ
ϭ͕ϲ
ϱϰ
ϲϮϳϯϴϭ
Ϯϱ
Ϭ͕ϰϱ
ϭ͕ϲ
ϵϭ
ϲϮϳϯϴϱ
Ϯϱ
Ϭ͕ϱ
ϭ͕ϲ
ϭϱϭ
ϲϮϳϯϴϮ
Ϯϱ
Ϭ͕Ϯ
ϭ͕ϲ
ϱϰ
ϲϮϳϯϴϯ
Ϯϱ
Ϭ͕ϱ
ϭ͕ϲ
ϭϱϭ
ϲϮϳϯϴϰ
^ƚŬͬ͘ƉĐ
ƵĨŶĂŚŵĞĨƺƌŝĂŵĂŶƚͲdƌĞŶŶƐĐŚĞŝďĞŶ
DĂŶĚƌĞůĨŽƌĚŝĂŵŽŶĚĐƵƚͲŽīǁŚĞĞůƐ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ŽŚƌƵŶŐT
ďŽƌĞT
^ĐŚĂŌ
ƐŚĂŶŬ
^ĐŚĂŌ
ƐŚĂŶŬ
ϭ͕ϲ
Ϯ͕ϯϱŵŵ
ϲϯϳϭϬϭͬϮϯ
ϭϬ
ϲŵŵ
ϲϯϳϭϬϬͬϭϬ
ϭ͕ϲ
ϯŵŵ
ϲϯϳϭϬϭͬϯϬ
ϭϯ
ϲŵŵ
ϲϯϳϭϬϬͬϭϯ
ϱ
ϯŵŵ
ϲϯϳϭϬϬͬϬϱ
ϭϲ
ϲŵŵ
ϲϯϳϭϬϬͬϭϲ
ϴ
ϯŵŵ
ϲϯϳϭϬϬͬϬϴ
ϮϮ
ϲŵŵ
ϲϯϳϭϬϬͬϮϮ
ϯϬ
Eƌͬ͘EŽ͘
ŽŚƌƵŶŐT
ďŽƌĞT
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
^ƚŬͬ͘ƉĐ
dƌĞŶŶƐĐŚĞŝďĞŶĨƺƌtŝŶŬĞůƐĐŚůĞŝĨĞƌ
ƵƫŶŐĚŝƐĐƐĨŽƌĂŶŐůĞŐƌŝŶĚĞƌ
T
ŵŵ
ŽŚƌƵŶŐT
ďŽƌĞT
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐΎ
ĞĂƌďĞŝƚƵŶŐǀŽŶƌŽƐƞƌĞŝĞŵ^ƚĂŚůͬǁŽƌŬŽŶƐƚĂŝŶůĞƐƐƐƚĞĞů
ϲϯϳϮϬϭ
ϭϯ͘ϯϬϬ
ϲϯϳϮϬϮ
ϴ͘ϲϬϬ
ϲϯϳϮϬϯ
ϲϯϳϮϬϰ
ϭϭϱdžϭ͕Ϭ
ϮϮ͕Ϯϯ
ϭϯ͘ϯϬϬ
ϭϮϱdžϭ͕ϱ
ϮϮ͕Ϯϯ
ϭϳϴdžϮ͕ϱ
ϮϮ͕Ϯϯ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
dZEE^,/Eͬhdd/E'/^^
ĞĂƌďĞŝƚƵŶŐǀŽŶ^ƚĂŚůͬǁŽƌŬŽŶƐƚĞĞů
ϭϭϱdžϭ͕Ϭ
ϮϮ͕Ϯϯ
ϭϯ͘ϯϬϬ
ϭϮϱdžϭ͕Ϭ
ϮϮ͕Ϯϯ
ϭϮ͘ϮϬϬ
ϲϯϳϮϬϱ
ϭϳϴdžϭ͕ϱ
ϮϮ͕Ϯϯ
ϴ͘ϲϬϬ
ϲϯϳϮϬϲ
ĞĂƌďĞŝƚƵŶŐǀŽŶƌŽƐƞƌĞŝĞŵ^ƚĂŚůƵŶĚ^ƚĂŚů
ǁŽƌŬŽŶƐƚĂŝŶůĞƐƐƐƚĞĞůĂŶĚƐƚĞĞů
ϭϭϱdžϮ͕ϱ
ϮϮ͕Ϯϯ
ϭϯ͘ϯϬϬ
ϲϯϳϮϬϳ
ϭϮϱdžϮ͕ϱ
ϮϮ͕Ϯϯ
ϭϮ͘ϮϬϬ
ϲϯϳϮϬϴ
ĞĂƌďĞŝƚƵŶŐǀŽŶůƵŵŝŶŝƵŵͬǁŽƌŬŽŶĂůƵŵŝŶŝƵŵ
ϭϭϱdžϭ͕ϱ
ϮϮ͕Ϯϯ
ϭϯ͘ϯϬϬ
ϲϯϳϮϬϵ
ϭϮϱdžϭ͕ϱ
ϮϮ͕Ϯϯ
ϭϯ͘ϯϬϬ
ϲϯϳϮϭϬ
ϭϳϴdžϭ͕ϱ
ϮϮ͕Ϯϯ
ϴ͘ϲϬϬ
ϲϯϳϮϭϭ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
DŝŶŝ<ŽƌƵŶĚdƌĞŶŶƐĐŚĞŝďĞŶ
DŝŶŝĐƵƚͲŽīǁŚĞĞůƐĂůƵŵŝŶŝƵŵŽdžŝĚĞ
T
ŵŵ
ŽŚƌƵŶŐT
ďŽƌĞT
Eƌͬ͘EŽ͘
ϮϱdžϬ͕ϲ
ϭ͕ϴ
ϮϬ͘ϬϬϬ
ϲϯϳϮϯϭ
ϯϳ͕ϱdžϬ͕ϳ
ϭ͕ϴ
ϮϬ͘ϬϬϬ
ϲϯϳϮϯϮ
^ƚŬͬ͘ƉĐΎ
ΎsWϮϱ^ƚŬͬ͘ƉƵϮϱƉĐƐ͘
ƵĨŶĂŚŵĞĨƺƌDŝŶŝ<ŽƌƵŶĚdƌĞŶŶƐĐŚĞŝďĞ
DĂŶĚƌĞůĨŽƌŵŝŶŝĐƵƚͲŽīǁŚĞĞůƐ
ŽŚƌƵŶŐT
ďŽƌĞT
^ĐŚĂŌ
ƐŚĂŶŬ
Eƌͬ͘EŽ͘
чϮŵŵ
ϯŵŵ
ϲϯϳϮϯϬ
^ƚŬͬ͘ƉĐΎ
W&ZDŝŶŝdƌĞŶŶƐĐŚĞŝďĞŶ
W&ZŵŝŶŝĐƵƚͲŽīǁŚĞĞůƐ
T
ŵŵ
ŽŚƌƵŶŐT
ďŽƌĞT
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐΎ
ϯϬdžϭ͕ϭ
ϲ
ϱϭ͘ϬϬϬ
ϲϯϳϮϰϭ
ϱϬdžϭ͕ϭ
ϲ
ϯϬ͘ϲϬϬ
ϲϯϳϮϰϮ
ϱϬdžϭ͕ϰ
ϲ
ϯϬ͘ϲϬϬ
ϲϯϳϮϰϯ
ϳϲdžϭ͕ϭ
ϲ
ϮϬ͘ϭϬϬ
ϲϯϳϮϰϰ
ΎsWϱϬ^ƚŬͬ͘ƉƵϱϬƉĐƐ͘
ƵĨŶĂŚŵĞĨƺƌW&ZDŝŶŝdƌĞŶŶƐĐŚĞŝďĞ
DĂŶĚƌĞůĨŽƌW&ZŵŝŶŝĐƵƚͲŽīǁŚĞĞůƐ
ŽŚƌƵŶŐT
ďŽƌĞT
^ĐŚĂŌ
ƐŚĂŶŬ
Eƌͬ͘EŽ͘
ϲ
ϲŵŵ
ϲϯϳϮϰϬ
^ƚŬͬ͘ƉĐΎ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϯϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^d/&dͬDKhEdWK/Ed^
^ĐŚůĞŝĨƐƟŌĞ
DŽƵŶƚĞĚƉŽŝŶƚƐ
^ƚĞůůĞŶ^ŝĞƐŝĐŚ/ŚƌĞŶ^ĐŚůĞŝĨƐƟŌŐĂŶnj
ŝŶĚŝǀŝĚƵĞůůnjƵƐĂŵŵĞŶ͘
/ŶŶƵƌϰ^ĐŚƌŝƩĞŶ͗
ƌĞĂƚĞLJŽƵƌŝŶĚŝǀŝĚƵĞůůŵŽƵŶƚĞĚƉŽŝŶƚ͘
ϭ͘^ĐŚƌŝƩͲĚĂƐ^ĐŚůĞŝĨŵŝƩĞů
Ϯ͘^ĐŚƌŝƩͲĚĞƌ,ćƌƚĞŐƌĂĚ
ϯ͘^ĐŚƌŝƩͲĚŝĞ<ƂƌŶƵŶŐ
ϰ͘^ĐŚƌŝƩͲĚŝĞ&Žƌŵ
ϭ͘ƐƚĞƉͲĂďƌĂƐŝǀĞ
Ϯ͘ƐƚĞƉͲŚĂƌĚŶĞƐƐ
ϯ͘ƐƚĞƉͲŐƌŝƚ
ϰ͘ƐƚĞƉͲƐŚĂƉĞ
/ŶŽŶůLJϰƐƚĞƉƐ͗
ϭ͘^ĐŚƌŝƩͲĚĂƐ^ĐŚůĞŝĨŵŝƩĞů
ϭ͘^ƚĞƉͲĂďƌĂƐŝǀĞ
ĚĞůŬŽƌƵŶĚ
ǁĞŝƘ
ůƵŵŝŶŝƵŵŽdžŝĚĞ
ǁŚŝƚĞ
ĚĞůŬŽƌƵŶĚ
ƌŽƐĂ
ůƵŵŝŶŝƵŵŽdžŝĚĞ
ƉŝŶŬ
ϵϵ͕ϵйůƵŵŝŶŝƵŵŽdžŝĚ
ŐĞƌŝŶŐĞƌ&ƌĞŵĚƐƚŽīͲ
ĂŶƚĞŝů
ϵϵйĂůƵŵŝŶŝƵŵŽdžŝĚĞ
ǁŚŝƚĞ
ůŽǁůĞǀĞůƐŽĨŝŵƉƵƌŝƟĞƐ
ŚƂĐŚƐƚĞ,ćƌƚĞ
ŚŽŚĞ<ŽƌŶnjćŚŝŐŬĞŝƚ
ŚŝŐŚĞƐƚŚĂƌĚŶĞƐƐ
ŐŽŽĚŐƌĂŝŶĚƵƌĂďŝůƚLJ
ZƵďŝŶŬŽƌƵŶĚ
ZƵďLJ
ĐŽƌƵŶĚƵŵ
EŽƌŵĂůŬŽƌƵŶĚ
ďƌĂƵŶ
EŽƌŵĂůĐŽƌƵŶĚƵŵ
ďƌŽǁŶ
ŶƚĞŝůǁĞŝƚĞƌĞƌůƂƐͲ
ďĂƌĞƌDĞƚĂůůŽdžŝĚĞ
;ŚƌŽŵͿ
ƉĂƌƚŽĨĨƵƌƚŚĞƌ
ƌĞƐŽůǀĂďůĞŵĞƚĂů
ŽdžŝĚĞ;ĐŚƌŽŵĞͿ
ϵϰйůƵŵŝŶŝƵŵŽdžŝĚ
ŚƂĐŚƐƚĞ<ŽƌŶnjćͲ
ŚŝŐŬĞŝƚ
ďĞƐƚĚƵƌĂďŝůŝƚLJ
ŚŽŚĞ<ŽƌŶnjćŚŝŐŬĞŝƚ
ϵϰйĂůƵŵŝŶŝƵŵ
ŽdžŝĚĞǁŚŝƚĞ
,ĂůďĞĚĞůŬŽƌƵŶĚ
^ŝůŝĐŝƵŵĐĂƌďŝĚ
ƐĞŵŝ
ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
ƐŝůŝĐŽŶĐĂƌďŝĚĞ
DŝƐĐŚƵŶŐĂƵƐ
EŽƌŵĂůŬŽƌƵŶĚƵŶĚ
ĚĞůŬŽƌƵŶĚ
ŵŝdžƚƵƌĞŽĨŶŽƌŵĂů
ĐŽƌƵŶĚƵŵĂŶĚĂůƵŵŝͲ
ŶŝƵŵŽdžŝĚĞ
ŚĂƌƚĞƐĐŚĂƌŅĂŶƟŐĞ
<ƌŝƐƚĂůůĞ
ǁćƌŵĞƵŶĞŵƉĮŶĚůŝͲ
ĐŚĞ^ƚćŚůĞŵŝƚŚŽŚĞƌ
,ćƌƚĞƵŶĚ&ĞƐƟŐŬĞŝƚ
ŚĞĂƚͲƌĞƐŝƐƚĂŶƚƐƚĞĞů
ǁŝƚŚŚĂƌĚŶĞƐƐĂŶĚ
ĚƵƌĂďŝůŝƚLJ
'ůĂƐ͕WŽƌnjĞůůĂŶ͕
DĂƌŵŽƌ͕ĚĞůƐƚĞŝŶ͕
<ƵŶƐƚƐƚĞŝŶ͕>ĞĚĞƌ
ŐůĂƐƐ͕ƉŽƌĐĞůůĂŝŶ͕
ŵĂƌďůĞ͕ĂƌƟĮĐĂů
ƐƚŽŶĞ͕ůĞĂƚŚĞƌ
ƐŚĂƌƉͲĞĚŐĞĚĐƌLJƐƚĂůƐ
ŐŽŽĚĚƵƌĂďŝůŝƚLJ
ŝŶƐĂƚnjŐĞďŝĞƚͬĂƉƉůŝĐĂƟŽŶ
nj挌ĂƌƚĞ^ƚćŚůĞƺďĞƌ
ϲϬ,Z
&ŽƌŵͲƵŶĚ
WƌŽĮůƐĐŚůĞŝĨĞŶ
^ĐŚůĞŝĨĞŶŚŽĐŚͲ
ůĞŐŝĞƌƚĞƌ^ƚćŚůĞ
ƵŶůĞŐŝĞƌƚĞƵŶĚ
ŶŝĞĚƌŝŐůĞŐŝĞƌƚĞ^ƚćŚůĞ
ƐƚĞĞůŽǀĞƌϲϬ,Z
ĨŽƌŵĂŶĚ
ƉƌŽĮůŐƌŝŶĚŝŶŐ
ŐƌŝŶĚŝŶŐŽĨŚŝŐŚͲ
ĂůůŽLJĞĚƐƚĞĞů
ƵŶĂůůŽLJĞĚĂŶĚůŽǁ
ĂůůŽLJĞĚƐƚĞĞů
'ůĂƐƐĐŚůĞŝĨĞŶƵŶĚ
ͲƉŽůŝĞƌĞŶ
^ƚĂŚůͲƵŶĚ'ƌĂƵŐƵƐƐ
ŐƌŝŶĚŝŶŐĂŶĚ
ƉŽůŝƐŚŝŶŐŽĨŐůĂƐƐ
ĐĂƐƚƐƚĞĞůĂŶĚĐĂƐƚ
ŝƌŽŶ
Ϯ͘^ĐŚƌŝƩͲĚĞƌ,ćƌƚĞŐƌĂĚ
Ϯ͘^ƚĞƉͲŚĂƌĚŶĞƐƐ
ϯ͘^ĐŚƌŝƩͲĚŝĞ<ƂƌŶƵŶŐ
ϯ͘^ƚĞƉͲŐƌŝƚ
/EϲϵϭϬϬ
ƐĞŚƌ
ǁĞŝĐŚ
ǀĞƌLJƐŽŌ
ǁĞŝĐŚ
ŵŝƩĞů
ŚĂƌƚ
ƐŽŌ
ŵĞĚŝƵŵ
ŚĂƌĚ
ƐĞŚƌ
ŚĂƌƚ
ǀĞƌLJŚĂƌĚ
ͬ&ͬ'
,ͬ/ͬ:ͬ<
>ͬDͬEͬK
WͬYͬZͬ^
d
ϰ͘^ĐŚƌŝƩͲĚŝĞ&Žƌŵ
ϰ͘^ƚĞƉͲƐŚĂƉĞ
&ŽůŐĞŶĚĞ&ŽƌŵĞŶŬƂŶŶĞŶŶĞďĞŶĚĞŵLJůŝŶĚĞƌĂƵĨĞŝŶĞŵϯŵŵ^ĐŚĂŌ
ŚĞƌŐĞƐƚĞůůƚǁĞƌĚĞŶ͘&ƺƌĚŝĞŶĨĞƌƟŐƵŶŐǀŽŶ^ƟŌĞŶĂƵĨĞŝŶĞŵϲĞƌŽĚĞƌϴĞƌ
^ĐŚĂŌďŝƩĞŶǁŝƌ^ŝĞĞŝŶĞDĂƘnjĞŝĐŚŶƵŶŐĚĞƌĞƐƚĞůůƵŶŐďĞŝnjƵůĞŐĞŶ͘
ĞƐŝĚĞƐƚŚĞĐLJůŝŶĚĞƌƐƚŚĞĨŽůůŽǁŝŶŐƐŚĂƉĞƐĐĂŶďĞƉƌŽĚƵĐĞĚŽŶĂϯŵŵƐŚĂŶŬ͘
&ŽƌĂŵŽƵŶƚĞĚƉŽŝŶƚƉƌŽĚƵĐƟŽŶŽŶĂϲŽƌϴŵŵƐŚĂŶŬĂƐĐĂůĞĚƌĂǁŝŶŐŝƐ
ŶĞĐĞƐƐĂƌLJ͘
ϯϮ
&ĞŝŶďĞĂƌďĞŝƚƵŶŐǀŽŶ
>ĞŝĐŚƚͲƵŶĚƵŶƚŵĞͲ
ƚĂůůĞŶ
ĮŶĞĮŶŝƐŚŝŶŐŽĨůŝŐŚƚ
ŵĞƚĂůĂŶĚŶŽŶͲĨĞƌƌŽƵƐ
ŵĞƚĂů
ŐƌŽď
ĐŽĂƌƐĞ
ŵŝƩĞů
ŵĞĚŝƵŵ
ĨĞŝŶ
ĮŶĞ
ƐĞŚƌĨĞŝŶ
ǀĞƌLJĮŶĞ
ϴ
ϯϬ
ϳϬ
ϮϮϬ
ϭϬ
ϯϲ
ϴϬ
ϮϰϬ
ϭϮ
ϰϬ
ϵϬ
ϮϴϬ
ϭϰ
ϰϲ
ϭϬϬ
ϯϮϬ
ϭϲ
ϱϰ
ϭϮϬ
ϯϬϬ
ϮϬ
ϲϬ
ϮϮ
Ϯϰ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϭϱϬ
ϭϴϬ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^d/&dͬDKhEdWK/Ed^
^ĐŚůĞŝĨƐƟŌĞͲ<ƵŶĚĞŶĂŶĨĞƌƟŐƵŶŐĞŶ
DŽƵŶƚĞĚƉŽŝŶƚƐͲƐƉĞĐŝĂůƉƌŽĚƵĐƚƐ
ĚϮ
ĚϭdžůϮ
<ŽƌŶͬŐƌŝƚ
ůϭ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐΎ
ůϭ
LJůŝŶĚĞƌ͕ĚĞůŬŽƌƵŶĚǁĞŝƘͬLJůŝŶĚĞƌ͕ůƵŵŝŶŝƵŵŽdžŝĚĞǁŚŝƚĞ
ϯ
ϯdžϭϬ
ϭϬϬ
ϰϬ
ϲϮϬϮϬϭϭ
ϯ
ϲdžϭϯ
ϭϬϬ
ϰϬ
ϲϮϬϮϬϭϮ
ϯ
ϴdžϭϯ
ϭϬϬ
ϰϬ
ϲϮϬϮϬϭϯ
ϯ
ϭϬdžϭϯ
ϭϬϬ
ϰϬ
ϲϮϬϮϬϭϰ
ϯ
ϭϯdžϯ
ϴϬ
ϰϬ
ϲϮϬϮϬϭϱ
ϯ
ϭϯdžϭϯ
ϭϬϬ
ϰϬ
ϲϮϬϮϬϭϲ
Ěϭ
ĚϮ
ϲϮϬϮϬϭϲ
ůϮ
LJůŝŶĚĞƌ͕ĚĞůŬŽƌƵŶĚƌŽƐĂͬLJůŝŶĚĞƌ͕ůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ
ϯ
ϭϬdžϭϯ
ϴϬ
ϰϬ
ϲϮϬϮϬϮϭ
ϲ
ϭϬdžϯϱ
ϲϬ
ϰϬ
ϲϮϬϮϬϮϮ
ϲ
ϮϬdžϯϬ
ϴϬ
ϰϬ
ϲϮϬϮϬϮϰ
ϲ
ϯϬdžϱ
ϲϬ
ϰϬ
ϲϮϬϮϬϮϱ
ϲ
ϯϬdžϭϬ
ϲϬͬϮ
ϰϬ
ϲϮϬϮϬϮϲ
ϲϮϬϮϬϮϲ
LJůŝŶĚĞƌ͕ZƵďŝŶŬŽƌƵŶĚͬLJůŝŶĚĞƌ͕ZƵďLJĐŽƌƵŶĚƵŵ
ϯ
ϯdžϲ
ϳϬͬϯ
ϰϬ
ϲϮϬϮϬϯϭ
ϯ
ϱdžϭϬ
ϳϬ
ϰϬ
ϲϮϬϮϬϯϮ
ϯ
ϲdžϭϯ
ϳϬ
ϰϬ
ϲϮϬϮϬϯϯ
ϯ
ϴdžϭϬ
ϲϬͬϯ
ϰϬ
ϲϮϬϮϬϯϰ
ϯ
ϴdžϭϯ
ϰϲͬϯ
ϰϬ
ϲϮϬϮϬϯϱ
ϯ
ϭϬdžϭϯ
ϰϲͬϯ
ϰϬ
ϲϮϬϮϬϯϲ
ϯ
ϭϯdžϭϯ
ϰϲͬϯ
ϰϬ
ϲϮϬϮϬϯϳ
ϲ
ϭϬdžϯϮ
ϰϲͬϯ
ϰϬ
ϲϮϬϮϬϯϴ
ϲ
ϮϱdžϮϱ
ϯϲ
ϰϬ
ϲϮϬϮϬϯϵ
ϲϮϬϮϬϰϭ
ϲϮϬϮϬϯϳ
LJůŝŶĚĞƌŵŝƚŐĞŬĂƉƉƚĞƌ^ƉŝƚnjĞ͕EŽƌŵĂůŬŽƌƵŶĚďƌĂƵŶ
LJůŝŶĚĞƌǁŝƚŚŇĂƚƚŽƉ͕EŽƌŵĂůĐŽƌƵŶĚƵŵďƌŽǁŶ
ϴ
ϰϱdžϰϱ
ϱϰ
ϰϬ
LJůŝŶĚĞƌ͕ĚĞůŬŽƌƵŶĚŐƌĂƵͬLJůŝŶĚĞƌ͕ůƵŵŝŶŝƵŵŽdžŝĚĞŐƌĞLJ
ϯ
ϭϬdžϭϬ
ϲϬ
ϰϬ
ϲϮϬϮϬϰϱ
ϲϮϬϮϬϱϭ
ϲϮϬϮϬϱϭ
LJůŝŶĚĞƌ͕^ŝůŝĐŝƵŵĐĂƌďŝĚͬLJůŝŶĚĞƌ͕^ŝůŝĐŽŶĐĂƌďŝĚĞ
ϲ
ϯϮdžϭϲ
ϭϮϬ
ϰϬ
<ƵŐĞů͕ĚĞůŬŽƌƵŶĚƌŽƐĂͬĂůůƐŚĂƉĞ͕ůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ
ϲ
ϮϬ
ϯϲ
ϰϬ
ϲϮϬϮϬϱϱ
ϲ
ϯϮ
ϲϬ
ϰϬ
ϲϮϬϮϬϱϲ
ϲϮϬϮϬϲϭ
ϲϮϬϮϬϲϱ
<ƵŐĞů͕ZƵďŝŶŬŽƌƵŶĚͬĂůůƐŚĂƉĞ͕ZƵďLJĐŽƌƵŶĚƵŵ
ϲ
ϮϬ
ϯϲ
ϰϬ
ϲϮϬϮϬϲϭ
&ůĂĐŚŬĞŐĞů͕ZƵďŝŶŬŽƌƵŶĚͬ&ůĂƚĐŽŶĞ͕ZƵďLJĐŽƌƵŶĚƵŵ
ϲ
ϮϱͬϭϬdžϯϮ
ϯϬͬϯϲ
ϰϬ
tŝŶŬĞůϲϬΣ͕ĚĞůŬŽƌƵŶĚǁĞŝƘͬŶŐůĞϲϬΣ͕ůƵŵŝŶŝƵŵŽdžŝĚĞǁŚŝƚĞ
ϲ
ϭϮdžϯϬ
ϭϮϬ
ϰϬ
ϲϮϬϮϬϳϭ
tŝŶŬĞůϲϬΣ͕ĚĞůŬŽƌƵŶĚƌŽƐĂͬŶŐůĞϲϬΣ͕ůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ
ϲϮϬϮϬϲϱ
ϲ
ϴdžϯϬ
ϴϬͬϮ
ϰϬ
ϲϮϬϮϬϳϱ
ϲ
ϭϮdžϯϬ
ϭϬϬ
ϰϬ
ϲϮϬϮϬϳϲ
ϲ
ϭϲdžϰϱ
ϲϬͬϮ
ϰϬ
ϲϮϬϮϬϳϳ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ϲϮϬϮϬϳϳ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϯϯ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^d/&dͬDKhEdWK/Ed^
>h^ƚŽŶĞƐƵŶĚZ^ƚŽŶĞƐ
ůƵĞ^ƚŽŶĞƐŬƂŶŶĞŶĂƵĨ'ƌƵŶĚĚĞƌŚĂƌƚĞŶŝŶĚƵŶŐdƵŶĚĚĞŵĨĞŝŶĞŶ
<ŽƌŶ;<ϭϮϬͿŚĞƌǀŽƌƌĂŐĞŶĚĨƺƌĚŝĞĞĂƌďĞŝƚƵŶŐǀŽŶŚĂƌƚĞŶ^ƚćŚůĞŶ
ǀĞƌǁĞŶĚĞƚǁĞƌĚĞŶ͘
Z^ƚŽŶĞƐǀĞƌĨƺŐĞŶƺďĞƌĞŝŶĞŵŝƩůĞƌĞŝŶĚƵŶŐKŵŝƚ<ŽƌŶϴϬͬϭϬϬ
ƵŶĚŬƂŶŶĞŶĚĂĚƵƌĐŚďĞŝĚĞƌĞĂƌďĞŝƚƵŶŐǀŽŶĂůůĞŶ^ƚćŚůĞŶĞŝŶŐĞƐĞƚnjƚ
ǁĞƌĚĞŶ͘
ŵƉĨŽŚůĞŶĞƌĞŚnjĂŚůĞŶ͗
чϲŵŵ<ŽƉĨͲTďŝƐnjƵϭϬϬ͘ϬϬϬhͬŵŝŶ
чϴŵŵ<ŽƉĨͲTďŝƐnjƵϵϬ͘ϬϬϬhͬŵŝŶ
чϭϬŵŵ<ŽƉĨͲTďŝƐnjƵϴϬ͘ϬϬϬhͬŵŝŶ
ůƵĞ^ƚŽŶĞƐĂƌĞĞdžĐĞůůĞŶƚĨŽƌƚŚĞǁŽƌŬǁŝƚŚŚĂƌĚƐƚĞĞůďĞĐĂƵƐĞŽĨ
ƚŚĞŝƌŚĂƌĚďŽŶĚŝŶŐdĂŶĚƚŚĞĮŶĞŐƌŝƚ;<ϭϮϬͿ͘
ZĞĚƐƚŽŶĞƐĐĂŶďĞƵƐĞĚĨŽƌƚŚĞǁŽƌŬǁŝƚŚĂůůŬŝŶĚƐŽĨƐƚĞĞůĂƐƚŚĞLJ
ŚĂǀĞĂŵĞĚŝƵŵďŽŶĚŝŶŐKǁŝƚŚƚŚĞŐƌŝƚŽĨϴϬͬϭϬϬ͘
ZĞĐŽŵŵĞŶĚĞĚƌŽƚĂƟŽŶĂůƐƉĞĞĚ͗
чϲŵŵŚĞĂĚͲTƵƉƚŽϭϬϬ͕ϬϬϬƌƉŵ
чϴŵŵŚĞĂĚͲTƵƉƚŽϵϬ͕ϬϬϬƌƉŵ
чϭϬŵŵŚĞĂĚͲTƵƉƚŽϴϬ͕ϬϬϬƌƉŵ
LJůŝŶĚĞƌͬLJůŝŶĚĞƌ
ĚϮ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϯ
Ϯ͕Ϭdžϲ
ϰϬ
ϲϮϬϰϯϮϴ
Ͷ
ϯ
Ϯ͕ϰdžϲ
ϰϬ
ϲϮϬϰϯϮϭ
ϲϮϬϰϰϮϭ
ϯ
ϯ͕Ϭdžϲ
ϰϬ
ϲϮϬϰϯϮϮ
ϲϮϬϰϰϮϮ
ϯ
ϯ͕ϬdžϭϬ
ϰϬ
ϲϮϬϰϯϮϯ
ϲϮϬϰϰϮϯ
ϯ
ϯ͕Ϭdžϭϯ
ϰϬ
ϲϮϬϰϯϮϰ
ϲϮϬϰϰϮϰ
ϯ
ϰ͕Ϭdžϲ
ϰϬ
ϲϮϬϰϯϮϵ
ϲϮϬϰϰϮϵ
ϯ
ϱ͕ϬdžϭϬ
ϰϬ
ϲϮϬϰϯϮϱ
ϲϮϬϰϰϮϱ
ϯ
ϱ͕Ϭdžϭϯ
ϰϬ
ϲϮϬϰϯϯϭ
ϲϮϬϰϰϯϭ
ϯ
ϲ͕Ϭdžϲ
ϰϬ
ϲϮϬϰϯϯϮ
ϲϮϬϰϰϯϮ
ϯ
ϲ͕ϬdžϭϬ
ϰϬ
ϲϮϬϰϯϯϯ
Ͷ
ϯ
ϲ͕Ϭdžϭϯ
ϰϬ
ϲϮϬϰϯϮϲ
ϲϮϬϰϰϮϲ
ϯ
ϴ͕Ϭdžϭ͕ϲ
ϰϬ
ϲϮϬϰϯϰϭ
Ͷ
ϯ
ϴ͕Ϭdžϴ
ϰϬ
ϲϮϬϰϯϯϰ
ϲϮϬϰϰϯϰ
ϯ
ϴ͕ϬdžϭϬ
ŵŝƚ,ŽŚůŬƵŐĞů
ǁŝƚŚŚŽůůŽǁƐƉŚĞƌĞ
ϰϬ
Ͷ
ϲϮϬϰϰϰϮ
ϯ
ϴ͕Ϭdžϭϵ
ϰϬ
ϲϮϬϰϯϯϱ
Ͷ
ϯ
ϭϬdžϭϯ
ϰϬ
ϲϮϬϰϯϮϳ
ϲϮϬϰϰϮϳ
ϯ
ϭϯdžϯ
ϰϬ
ϲϮϬϰϯϰϯ
Ͷ
ϯ
ϭϯdžϭϯ
ϰϬ
ϲϮϬϰϯϰϱ
Ͷ
ůϭ
ůϮ
ĚϮ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϯ
ϯ
ϰϬ
ϲϮϬϰϯϬϳ
ϲϮϬϰϰϬϳ
ϯ
ϱ
ϰϬ
ϲϮϬϰϯϬϲ
ϲϮϬϰϰϬϲ
ϯ
ϲ
ϰϬ
ϲϮϬϰϯϰϰ
ϲϮϬϰϰϰϰ
ϯ
ϭϬ
ϰϬ
ϲϮϬϰϯϰϲ
Ͷ
^ƚŬͬ͘ƉĐ
ϯ
ϭϯ
ϰϬ
ϲϮϬϰϯϰϳ
Ͷ
^ƚŬͬ͘ƉĐ
<ĞŐĞůͬŽŶĞƐŚĂƉĞ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϯ
ϰ͕ϴdžϴ
ϰϬ
ϲϮϬϰϯϰϴ
ϲϮϬϰϰϰϴ
ϯ
ϲdžϭϬ
ϰϬ
ϲϮϬϰϯϬϭ
ϲϮϬϰϰϬϭ
ϯ
ϭϬdžϭϵ
ϰϬ
ϲϮϬϰϯϬϯ
ϲϮϬϰϰϬϯ
ϯ
ϯdžϲ
ϰϬ
ϲϮϬϰϯϬϮ
ϲϮϬϰϰϬϮ
<ŽŶƵƐͬŽŶƵƐ
ĚϮ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϯ
ϯdžϭϬ
ϰϬ
ϲϮϬϰϯϱϭ
ϲϮϬϰϰϱϭ
ϯ
Ϯ͕ϰdžϲ
ϰϬ
ϲϮϬϰϯϱϮ
Ͷ
ϯ
ϲdžϲ
ϰϬ
ϲϮϬϰϯϱϯ
Ͷ
ϯ
ϲdžϭϲ
ϰϬ
ϲϮϬϰϯϰϵ
ϲϮϬϰϰϰϵ
^ƚŬͬ͘ƉĐ
dƌĂƉĞnjͬ/ŶǀĞƌƚĞĚĐŽŶƵƐ
ĚϮ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϯ
ϲdžϲ
ϰϬ
ϲϮϬϰϯϱϱ
Ͷ
ΎsWϮϱ^ƚŬͬ͘ƉƵϮϱƉĐƐ͘
ϯϰ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
Ěϭ
ĚϮ
<ƵŐĞůͬĂůůƐŚĂƉĞ
ĚϮ
ǀŽƌƌƐƚďĞŶƵƚnjƵŶŐĂďnjŝĞŚĞŶ͕ǁĞƌĚĞŶŵŝƚ
mďĞƌŵĂƘŐĞůŝĞĨĞƌƚ
ďĞĨŽƌĞĮƌƐƚƵƐĞ͗ƉůĞĂƐĞƐŚĂƌƉƚŚĞƐƚŽŶĞ͕
ĂƌĞĚĞůŝǀĞƌĚǁŝƚŚŽǀĞƌƐŝnjĞ
^ƚŬͬ͘ƉĐ
^ƚŬͬ͘ƉĐ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
>h^ƚŽŶĞƐƵŶĚZ^ƚŽŶĞƐ
:ĞƚnjƚĂƵĐŚĂƵĨĞŝŶĞŵϲŵŵ^ĐŚĂŌ͘
EŽǁĂůƐŽĂǀĂŝůĂďůĞŽŶĂϲŵŵƐŚĂŌ͘
ůϭ
LJůŝŶĚĞƌͬLJůŝŶĚĞƌ
ĚϮ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϲ
ϭϬdžϭϵ
ϰϬ
ϲϮϬϰϯϲϭ
ϲϮϬϰϰϲϭ
ϲ
ϭϯdžϮϱ
ϰϬ
ϲϮϬϰϯϲϮ
Ͷ
ϲ
ϭϲdžϮϱ
ϰϬ
ϲϮϬϰϯϲϯ
Ͷ
ϲ
ϭϵdžϮϱ
ϰϬ
ϲϮϬϰϯϲϰ
Ͷ
ϲ
ϮϱdžϮϱ
ϰϬ
ϲϮϬϰϯϲϱ
Ͷ
ϲ
ϯϮdžϯϮ
ϰϬ
ϲϮϬϰϯϲϲ
Ͷ
^ƚŬͬ͘ƉĐ
ĚϮ
Ěϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^d/&dͬDKhEdWK/Ed^
ůϮ
<ƵŐĞůͬĂůůƐŚĂƉĞ
ĚϮ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϲ
ϮϬ
ϰϬ
ϲϮϬϰϯϳϭ
Ͷ
^ƚŬͬ͘ƉĐ
ZƵŶĚŬĞŐĞůͬŽŶĞƐŚĂƉĞ͕ƌĂĚŝƵƐĞŶĚ
ĚϮ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϲ
ϭϵdžϯϬ
ϰϬ
ϲϮϬϰϯϳϮ
Ͷ
^ƚŬͬ͘ƉĐ
^ƉŝƚnjŬĞŐĞůͬŽŶĞƐŚĂƉĞ
ĚϮ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϲ
ϭϳdžϯϮ
ϰϬ
ϲϮϬϰϯϳϰ
Ͷ
^ƚŬͬ͘ƉĐ
>ŝŶƐĞͬůĞŶƐĞ
ĚϮ
ĚϭdžůϮ
ůϭ
>h^ƚŽŶĞ
Z^ƚŽŶĞ
ϲ
ϯϮdžϲ
ϰϬ
ϲϮϬϰϯϳϱ
Ͷ
^ƚŬͬ͘ƉĐ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ǀŝĞůĞtĞŝƚĞƌĞĂƵĨŶĨƌĂŐĞ
ŵĂŶLJŽƚŚĞƌƐŽŶƌĞƋƵĞƐƚ
>h^ƚŽŶĞƐƵŶĚZ^ƚŽŶĞƐ^Ğƚ
ϲϮϬϰϯϲϬ
ĚϮ
ŶnjĂŚů
ƋƵĂŶƟƚLJ
dLJƉ
ƚLJƉĞ
Eƌͬ͘EŽ͘
ϯ
ϰϴ^ƚŬͬ͘ƉĐƐ
ZĞĚͬůƵĞ
^ƚŽŶĞƐ
ϲϮϬϰϯϳϬ
ϲ
ϮϬ^ƚŬͬ͘ƉĐƐ
ůƵĞ
^ƚŽŶĞƐ
ϲϮϬϰϯϲϬ
ϲϮϬϰϯϳϬ
^ƚŬͬ͘ƉĐ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϯϱ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^d/&dͬDKhEdWK/Ed^
hŶŝǀĞƌƐĂů^ĐŚůĞŝĨƐƟŌĚĞůŬŽƌƵŶĚZŽƐĂ
ůůͲƌŽƵŶĚŐƌŝŶĚŝŶŐƉŽŝŶƚĂůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ
Ğƌ^ĐŚůĞŝĨƐƟŌĚĞůŬŽƌƵŶĚZŽƐĂŝƐƚǁĞŐĞŶƐĞŝŶĞƐDŝƐĐŚŬŽƌŶƐ dŚŝƐŐƌŝŶĚŝŶŐƉŽŝŶƚŝƐĂůůͲƉƵƌƉŽƐĞďĞĐĂƵƐĞŽĨƚŚĞŐƌŝƚϴϬͬϭϬϬ
ϴϬͬϭϬϬƵŶĚĞŝŶĞƌŚŽŚĞŶŝŶĚƵŶŐƐŚćƌƚĞZƵŶŝǀĞƌƐĞůůĞŝŶƐĞƚnjͲ ĂŶĚƚŚĞŚĂƌĚŶĞƐƐZ͘ƉƉůŝĐĂďůĞŽŶĞǀĞƌLJŚĂƌĚŽƌƐŽŌŵĂƚĞƌŝĂů͘
ďĂƌ͘tĞŝĐŚĞƐŽǁŝĞŚĂƌƚĞtĞƌŬƐƚŽīĞŬƂŶŶĞŶĚĂŵŝƚĞƌƐƚŬůĂƐƐŝŐ
ďĞĂƌďĞŝƚĞƚǁĞƌĚĞŶ͘
ůϭ
ĚϮ
ĚϭdžůϮ
ůϭ
<ƂƌŶƵŶŐ
'ƌŝƚ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐΎ
Ěϭ
ĚϮ
LJůŝŶĚĞƌͬĐLJůŝŶĚĞƌ
ϯ
ϯdžϭϯ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϭϭ
ϯ
ϰdžϭϯ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϭϮ
ϯ
ϱdžϭϯ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϭϯ
ϯ
ϲdžϭϯ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϭϰ
ϯ
ϴdžϭϯ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϭϱ
ϯ
ϭϬdžϭϯ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϭϲ
ůϮ
<ƵŐĞůͬďĂůůƐŚĂƉĞ
ϯ
Tϯ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϮϭ
ϯ
Tϲ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϮϮ
ϯ
TϭϬ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϮϯ
^ƉŝƚnjŬĞŐĞůͬĐŽŶĞƐŚĂƉĞ
ϯ
Tϲ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϮϲ
ϯ
Tϴ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϮϰ
ϯ
TϭϬ
ϰϬ
ϴϬͬϭϬϬ
ϲϮϬϮϭϮϱ
ΎsWϮϱ^ƚŬͬ͘ƉƵϮϱƉĐƐ͘
WƌĞŵŝƵŵdžƚƌĂ>ĂŶŐĞ^ĐŚůĞŝĨƐƟŌĞĚĞůŬŽƌƵŶĚtĞŝƘ
WƌĞŵŝƵŵĞdžƚƌĂůŽŶŐŐƌŝŶĚŝŶŐƉŽŝŶƚƐĂůƵŵŝŶŝƵŵŽdžŝĚĞǁŚŝƚĞ
ŝĞƐĞ^ĐŚůĞŝĨƐƟŌĞďĞƐƚĞĐŚĞŶĚƵƌĐŚŝŚƌĞ>ćŶŐĞǀŽŶϴϬŵŵƵŶĚ
ďĞƐƚĞƌYƵĂůŝƚćƚ͘
ĚϮ
ĚϭdžůϮ
ůϭ
<ŽƌŶϭϮϬ
ŐƌŝƚϭϮϬ
ϯ
ϰdžϭϬ
ϴϬ
ϭϬ͘ϬϬϬ
ϲϮϬϮϭϯϭ
ϯ
ϲdžϭϬ
ϴϬ
ϲ͘ϬϬϬ
ϲϮϬϮϭϯϮ
ϯ
ϴdžϭϬ
ϴϬ
ϱ͘ϬϬϬ
ϲϮϬϮϭϯϯ
ϯ
ϭϬdžϭϬ
ϴϬ
ϰ͘ϱϬϬ
ϲϮϬϮϭϯϰ
dŚĞŐƌŝŶĚŝŶŐƉŽŝŶƚƐŝŵƉƌĞƐƐĚƵĞƚŽŝƚƐůĞŶŐƚŚŽĨϴϬŵŵĂŶĚďĞƐƚ
ƋƵĂůŝƚLJ͘
^ƚŬͬ͘ƉĐΎ
ůϭ
ĚϮ
Ěϭ
ůϮ
^ĐŚĂŌϴϬŵŵ
^ŚĂŶŬϴϬŵŵ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
WƌĞŵŝƵŵDŝŶŝ^ĐŚůĞŝĨƐƟŌĚĞůŬŽƌƵŶĚZŽƐĂ
WƌĞŵŝƵŵŵŝŶŝŐƌŝŶĚŝŶŐƉŽŝŶƚĂůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ
ĚϮ
ĚϭdžůϮ
ůϭ
ϯ
ϭdžϳ
ϰϬ
<ŽƌŶϭϮϬ
ŐƌŝƚϭϮϬ
^ƚŬͬ͘ƉĐΎ
ϲϮϬϮϭϰϭ
ϭϬϬ͘ϬϬϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ĚϮ
Ěϭ
ůϮ
ĞƌŬůĞŝŶƐƚĞ<ŽƉĨĚĞƌtĞůƚ͕ŶƵƌÓϭŵŵ dŚĞƐŵĂůůĞƐƚŚĞĂĚŽĨƚŚĞǁŽƌůĚ͕ŽŶůLJÓϭŵŵ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
ϯϲ
ůϭ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^d/&dͬDKhEdWK/Ed^
W&Z^ĐŚůĞŝĨƐƟŌĞ
W&ZŐƌŝŶĚŝŶŐƉŽŝŶƚƐ
^ĐŚůĞŝĨƐƟŌĞŝŶďĞǁćŚƌƚĞƌW&ZYƵĂůŝƚćƚ͘
ŝĞ^ĐŚůĞŝĨƐƟŌĞĂƵƐĚĞůŬŽƌƵŶĚǁĞŝƘŚĂďĞŶĞŝŶĞŚĂƌƚĞŝŶĚƵŶŐ͕
ǀĞƌĨƺŐĞŶĚĂŚĞƌƺďĞƌĞŝŶƐĞŚƌŚŽŚĞƐĞƌƐƉĂŶƵŶŐƐǀŽůƵŵĞŶ͘KīĞŶĞ
^ƉĂŶƌćƵŵĞĞƌŵƂŐůŝĐŚĞŶŐƵƚĞtćƌŵĞĂďĨƵŚƌƵŶĚŬƺŚůĞŶ^ĐŚůŝī͘
ĞŝŵDŝƐĐŚŬŽƌƵŶĚŚĂŶĚĞůƚĞƐƐŝĐŚƵŵĞŝŶĞ<ŽŵďŝŶĂƟŽŶĂƵƐĚĞůͲ
ŬŽƌƵŶĚǁĞŝƘƵŶĚƌŽƐĂ͘DŝƐĐŚŬŽƌƵŶĚ^ĐŚůĞŝĨƐƟŌĞŬƂŶŶĞŶĂƵĨ^ƚćŚůĞŶ
ƵŶĚ'ƵƐƐĞŝŶŐĞƐĞƚnjƚǁĞƌĚĞŶ͘
'ƌŝŶĚŝŶŐƉŽŝŶƚƐŝŶďĞƐƚƋƵĂůŝƚLJŽĨW&Z͘
dŚĞŐƌŝŶĚŝŶŐƉŽŝŶƚƐŵĂĚĞŽĨĂůƵŵŝŶŝƵŵŽdžŝĚĞǁŚŝƚĞǁŝƚŚĂŚĂƌĚ
ďŽŶĚŚĂǀĞĂŚŝŐŚŵĞƚĂůƌĞŵŽǀĂůƌĂƚĞ͘ĞĐĂƵƐĞŽĨƚŚĞŽƉĞŶĐŚŝƉ
ƐƉĂĐĞĂŐŽŽĚŚĞĂƚƌĞŵŽǀĂůĂŶĚĐŽŽůŐƌŝŶĚŝŶŐĂƌĞƉŽƐƐŝďůĞ͘
dŚĞŐƌŝŶĚŝŶŐƉŽŝŶƚƐǁŝƚŚĂĐŽŵƉŽƵŶĚŽĨĂůƵŵŝŶŝƵŵŽdžŝĚĞǁŚŝƚĞĂŶĚ
ƉŝŶŬĐĂŶďĞƵƐĞĚŽŶĞǀĞƌLJƐƚĞĞůĂŶĚĐĂƐƚ͘
LJůŝŶĚĞƌ͕ĚĞůŬŽƌƵŶĚǁĞŝƘ͕ŚĂƌƚĞŝŶĚƵŶŐd
LJůŝŶĚĞƌ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞǁŚŝƚĞ͕ŚĂƌĚďŽŶĚŝŶŐd
ĚϮ
ĚϭdžůϮ
ůϭ
<ŽƌŶϭϬϬͬŐƌŝƚϭϬϬ
ϯ
Ϯdžϱ
ϯϬ
ϲϮϬϮϭϱϭ
ϯ
ϯdžϲ
ϯϬ
ϲϮϬϮϭϱϮ
ϯ
ϰdžϴ
ϯϬ
ϲϮϬϮϭϱϯ
ϯ
ϱdžϭϬ
ϯϬ
ϲϮϬϮϭϲϰ
ϯ
ϲdžϭϯ
ϯϬ
ϲϮϬϮϭϱϱ
ůϭ
^ƚŬͬ͘ƉĐΎ
ĚϮ
Ěϭ
ůϮ
LJůŝŶĚĞƌ͕ĚĞůŬŽƌƵŶĚƌŽƐĂ͕ŵŝƩůĞƌĞŝŶĚƵŶŐK
LJůŝŶĚĞƌ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ͕ŵĞĚŝƵŵďŽŶĚŝŶŐK
ĚϮ
ĚϭdžůϮ
ůϭ
<ŽƌŶͬŐƌŝƚ
ϭϬϬ
<ŽƌŶͬŐƌŝƚ
ϴϬ
ϯ
Ϯdžϱ
ϯϬ
ϲϮϬϮϭϲϭ
Ͷ
ϯ
ϯdžϲ
ϯϬ
ϲϮϬϮϭϲϮ
Ͷ
ϯ
ϰdžϴ
ϯϬ
ϲϮϬϮϭϲϯ
Ͷ
ϯ
ϱdžϭϬ
ϯϬ
ϲϮϬϮϭϲϰ
Ͷ
ϯ
ϲdžϭϯ
ϯϬ
ϲϮϬϮϭϲϱ
Ͷ
ϯ
ϴdžϭϲ
ϯϬ
Ͷ
ϲϮϬϮϭϲϲ
ϯ
ϭϬdžϭϯ
ϯϬ
Ͷ
ϲϮϬϮϭϲϳ
^ƚŬͬ͘ƉĐΎ
LJůŝŶĚĞƌ͕DŝƐĐŚŬŽƌƵŶĚƌŽƐĂͬǁĞŝƘ͕ŵŝƩůĞƌĞŝŶĚƵŶŐD
LJůŝŶĚĞƌ͕ĐŽŵƉŽƵŶĚŽĨĂůƵŵŝŶŝƵŵŽdžŝĚĞǁŚŝƚĞͬƉŝŶŬ͕ŵĞĚŝƵŵ
ďŽŶĚŝŶŐD
ĚϮ
ĚϭdžůϮ
ůϭ
<ŽƌŶͬŐƌŝƚ
ϭϬϬ
<ŽƌŶͬŐƌŝƚ
ϲϬ
ϯ
Ϯdžϱ
ϯϬ
ϲϮϬϮϭϳϭ
Ͷ
ϯ
ϯdžϲ
ϯϬ
ϲϮϬϮϭϳϮ
Ͷ
ϯ
ϰdžϴ
ϯϬ
ϲϮϬϮϭϳϯ
ϲϮϬϮϭϳϱ
ϯ
ϱdžϭϬ
ϯϬ
ϲϮϬϮϭϳϰ
ϲϮϬϮϭϳϲ
^ƚŬͬ͘ƉĐΎ
<ƵŐĞů͕ĚĞůŬŽƌƵŶĚƌŽƐĂ͕ŵŝƩůĞƌĞŝŶĚƵŶŐK
ĂůůƐŚĂƉĞ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ͕ŵĞĚŝƵŵďŽŶĚŝŶŐK
ĚϮ
ĚϭdžůϮ
ůϭ
<ŽƌŶͬŐƌŝƚ
ϭϬϬ
<ŽƌŶͬŐƌŝƚ
ϴϬ
ϯ
ϯ
ϯϬ
ϲϮϬϮϭϴϭ
Ͷ
ϯ
ϱ
ϯϬ
ϲϮϬϮϭϴϮ
Ͷ
ϯ
ϴ
ϯϬ
Ͷ
ϲϮϬϮϭϴϱ
ϯ
ϭϬ
ϯϬ
Ͷ
ϲϮϬϮϭϴϲ
ϯ
ϭϯ
ϯϬ
Ͷ
ϲϮϬϮϭϴϳ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
^ƚŬͬ͘ƉĐΎ
ďnjŝĞŚƐƚĞŝŶ͕^͘ϰϱ
^ŚĂƌƉĞŶŝŶŐ^ƚŽŶĞƐ͕Ɖ͘ϰϱ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϯϳ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&^d/&dͬDKhEdWK/Ed^
>ƵŬĂƐ^ĐŚůĞŝĨƐƟŌĞ
>ƵŬĂƐŐƌŝŶĚŝŶŐƉŽŝŶƚƐ
ĚĞůŬŽƌƵŶĚ
ƌŽƐĂ
ůƵŵŝŶŝƵŵŽdžŝĚĞ
ƉŝŶŬ
ĚĞůŬŽƌƵŶĚ
ǁĞŝƘͬďƌĂƵŶ
ůƵŵŝŶŝƵŵŽdžŝĚĞ
ǁŚŝƚĞͬďƌŽǁŶ
ZƵďŝŶŬŽƌƵŶĚͬĚĞůŬŽͲ
ƌƵŶĚƌŽƐĂ
ZƵďLJ
ĐŽƌƵŶĚƵŵͬ
ĂůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ
EŽƌŵĂůŬŽƌƵŶĚͬ
ZƵďŝŶŬŽƌƵŶĚͬďůĂƵ
EŽƌŵĂůĐŽƌƵŶĚƵŵͬ
ƌƵďLJĐŽƌƵŶĚƵŵͬďůƵĞ
^ŝůŝĐŝƵŵͲĐĂƌďŝĚ
<Z
<tďƌ
Z<
Et
^ŝͲůƵ
ŚŽŚĞƌďƚƌĂŐ͕ůĂŶŐĞ
>ĞďĞŶƐĚĂƵĞƌ
ŚŝŐŚƌĞŵŽǀĂů͕ůŽŶŐ
ĚƵƌĂďŝůŝƚLJ
ŚŽŚĞƌďƚƌĂŐ͕ůĂŶŐĞ
>ĞďĞŶƐĚĂƵĞƌ
ŚŝŐŚƌĞŵŽǀĂů͕ůŽŶŐ
ĚƵƌĂďŝůŝƚLJ
^ƚĂŚů
ƐƚĞĞů
ŚĞƌǀŽƌƌĂŐĞŶĚĞ
ďƚƌĂŐƐůĞŝƐƚƵŶŐ
ĞdžĐĞůůĞŶƚƌĞŵŽǀĂů
^ƚĂŚů
ƐƚĞĞů
ƐĞŚƌĨŽƌŵƐƚĂďŝů͕ŽƉƟŵĂůĨƺƌŚćƌƚĞƐͲ
ƚĞDĂƚĞƌŝĂůŝĞŶ͕ŚŽŚĞ^ƚĂŶĚnjĞŝƚĞŶ
ŝŶŚĞƌĞŶƚůLJƐƚĂďůĞ͕ŐŽŽĚĨŽƌǀĞƌLJ
ŚĂƌĚŵĂƚĞƌŝĂů͕ŐŽŽĚĚƵƌĂďŝůŝƚLJ
ƌŽƐƞƌĞŝĞ^ƚćŚůĞ
ƐƚĂŝŶůĞƐƐƐƚĞĞů
ŽƉƟŵĂůĨƺƌůƵŵŝͲ
ŶŝƵŵ
ŝĚĞĂůĨŽƌĂůƵŵŝŶŝƵŵ
ůƵŵŝŶŝƵŵ
tĞƌŬnjĞƵŐƐƚćŚůĞͬŐĞŚćƌƚĞƚĞ^ƚćŚůĞ
ƚŽŽůƐƚĞĞůͬŚĂƌĚĞŶĞĚƐƚĞĞů
Ěϭ
ĚϮ
ůϮ
ĚϮ
ĚϭdžůϮ
<Z
<tďƌ
Z<
ĚϮ
ĚϭdžůϮ
EtΎΎ
ϯ
ϭ͕ϱdžϰ
ϲϮϬϮϮϬϭ
Ͷ
ϲϮϬϮϱϬϭ
^ƚŬͬ͘ƉĐΎ
ϯ
ϯdžϲ
ϲϮϬϮϮϮϭ
ϯ
Ϯdžϱ
ϲϮϬϮϮϬϮ
ϲϮϬϮϯϬϮ
ϲϮϬϮϱϬϮ
ϯ
ϰdžϴ
ϲϮϬϮϮϮϮ
ϯ
ϯdžϲ
ϲϮϬϮϮϬϯ
ϲϮϬϮϯϬϯ
ϲϮϬϮϱϬϯ
ϯ
ϱdžϭϬ
Ͷ
ϯ
ϰdžϴ
ϲϮϬϮϮϬϰ
ϲϮϬϮϯϬϰ
ϲϮϬϮϱϬϰ
ϯ
ϲdžϭϬ
ϲϮϬϮϮϮϰ
ϲϮϬϮϯϮϰ
ϯ
ϱdžϭϬ
ϲϮϬϮϮϬϱ
ϲϮϬϮϯϬϱ
ϲϮϬϮϱϬϱ
ϯ
ϴdžϭϬ
ϲϮϬϮϮϮϱ
ϲϮϬϮϯϮϱ
ϯ
ϲdžϭϬ
ϲϮϬϮϮϬϲ
ϲϮϬϮϯϬϲ
ϲϮϬϮϱϬϲ
ϯ
ϭϬdžϭϯ
ϲϮϬϮϮϮϲ
ϯ
ϴdžϭϬ
ϲϮϬϮϮϬϳ
ϲϮϬϮϯϬϳ
ϲϮϬϮϱϬϳ
ϯ
ϭϬdžϭϬ
ϲϮϬϮϮϬϴ
ϭ
ϲϮϬϮϯϬϴ
ϲϮϬϮϱϬϴ
ϯ
ϭϬĞƌ<ƵŐĞů
ϲϮϬϮϮϬϵ
ϲϮϬϮϯϬϵ
ϲϮϬϮϱϬϵ
^ŝͲůƵ
^ƚŬͬ͘ƉĐΎ
Ͷ
Ͷ
ϲϮϬϮϯϮϮ
Ͷ
ϲϮϬϮϯϮϯ
ϲϮϬϮϯϮϲ
ΎsWϮϬ^ƚŬͬ͘ƉƵϮϬƉĐƐ͘
ΎΎ^ĐŚĂŌůćŶŐĞϱϬŵŵͬƐŚĂŶŬϱϬŵŵ
ΎsWϮϬ^ƚŬͬ͘ƉƵϮϬƉĐƐ͘
ϭ
ϭϬdžϭϯŵŵ
^ƚŬͬ͘ƉĐΎ
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
>ƵŬĂƐ^ĐŚůĞŝĨƐƟŌĞ͕^ŽŶĚĞƌĨŽƌŵĞŶ͕ĚĞůŬŽƌƵŶĚƌŽƐĂ
>ƵŬĂƐŐƌŝŶĚŝŶŐƉŽŝŶƚƐ͕ƐƉĞĐŝĂůƐŚĂƉĞ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ
ĚϮ
ĚϭdžůϮ
ůϭ
<Z
ϯ
ϵdžϮ
ϯϬ
ϲϮϬϮϰϬϭ
ϯ
ϵdžϯ
ϯϬ
ϲϮϬϮϰϬϮ
ϯ
ϴdžϮ
ϯϬ
ϲϮϬϮϰϬϯ
ϯ
ϰdžϭ
ϯϬ
ϲϮϬϮϰϬϰ
ϯ
ϱdžϯ
ϯϬ
ϲϮϬϮϰϬϱ
ϯ
ϳͬϰdžϲ
ϯϬ
ϲϮϬϮϰϬϲ
ϯ
Ϯ͕ϱͬϱdžϮ͕ϱ
ϯϬ
ϲϮϬϮϰϬϳ
ϯ
Ϯ͕ϱͬϲdžϯ
ϯϬ
ϲϮϬϮϰϬϴ
ϯ
ϯ͕ϱͬϴdžϰ
ϯϬ
ϲϮϬϮϰϬϵ
ϯ
Ϯͬϯ͕Ϯdžϰ
ϯϬ
ϲϮϬϮϰϭϭ
ϯ
ϱdžϱ
ϯϬ
ϲϮϬϮϰϭϮ
ϯ
ϰͬϳdžϲ
ϯϬ
ϲϮϬϮϰϭϯ
ϯ
ϯdžϯ
ϯϬ
ϲϮϬϮϰϭϰ
ϯ
ϰdžϰ
ϯϬ
ϲϮϬϮϰϭϱ
ϯ
ϱdžϱ
ϯϬ
ϲϮϬϮϰϭϲ
ϯ
ϯdžϰ
ϯϬ
ϲϮϬϮϰϭϳ
ϯ
ϰdžϱ
ϯϬ
ϲϮϬϮϰϭϴ
ϯ
ϳdžϴ
ϯϬ
ϲϮϬϮϰϭϵ
^ƚŬͬ͘ƉĐΎ
Ěϭ
&KZd^dhE'h&E,^dZ^/d
KEd/EhKEEydW'
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
ϯϴ
ĚϮ
ůϮ
ΎsWϮϬ^ƚŬͬ͘ƉƵϮϬƉĐƐ͘
ůϭ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
^,>/&^d/&dͬDKhEdWK/Ed^
ĚϮ
ĚϭdžůϮ
ůϭ
<Z
ϯ
ϳdžϱ
ϯϬ
ϲϮϬϮϰϮϮ
ϯ
ϴdžϭ͕ϲ
ϯϬ
ϲϮϬϮϰϮϯ
ϯ
Ϯ͕ϱdžϲ
ϯϬ
ϲϮϬϮϰϮϰ
ϯ
ϱdžϲ
ϯϬ
ϲϮϬϮϰϮϱ
ϯ
ϲdžϲ
ϯϬ
ϲϮϬϮϰϮϲ
ϯ
ϱdžϭ͕ϱ
ϯϬ
ϲϮϬϮϰϮϳ
ϯ
ϲdžϮ͕ϱ
ϯϬ
ϲϮϬϮϰϮϴ
ϯ
Ϯͬϯ͕ϱdžϭϬ
ϯϬ
ϲϮϬϮϰϮϵ
ϯ
ϯ͕ϱͬϱ͕ϱdžϭϭ
ϯϬ
ϲϮϬϮϰϯϭ
ϯ
ϯdžϲ͕ϰ
ϯϬ
ϲϮϬϮϰϯϮ
ϯ
ϰ͕ϰdžϭϬ
ϯϬ
ϲϮϬϮϰϯϯ
ϯ
ϱdžϳ
ϯϬ
ϲϮϬϮϰϯϱ
ϯ
ϲdžϴ
ϯϬ
ϲϮϬϮϰϯϲ
ϯ
ϰ͕ϯϳdžϳ
ϯϬ
ϲϮϬϮϰϯϳ
ϯ
ϲdžϭϬ
ϯϬ
ϲϮϬϮϰϯϴ
ϯ
ϲdžϭϭ
ϯϬ
ϲϮϬϮϰϯϵ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&KZd^dhE'ͬKEd/Ehd/KE
^ƚŬͬ͘ƉĐΎ
ΎsWϮϬ^ƚŬͬ͘ƉƵϮϬƉĐƐ͘
>ƵŬĂƐ^ĐŚůĞŝĨƐƟŌĞ͕^ƉŝƚnjďŽŐĞŶ͕ĚĞůŬŽƌƵŶĚƌŽƐĂ
>ƵŬĂƐŐƌŝŶĚŝŶŐƉŽŝŶƚƐ͕ƉŽŝŶƚĞĚĂƌĐŚƐŚĂƉĞ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞƉŝŶŬ
ĚϮ
ĚϭdžůϮ
ůϭ
<ƂƌŶƵŶŐ
'ƌŝƚ
Eƌͬ͘EŽ͘
ϯ
Ϯdžϱ
ϯϬ
ϭϮϬ
ϲϮϬϰϬϭͬϬϮ
ϯ
ϯdžϲ
ϯϬ
ϭϬϬ
ϲϮϬϰϬϭͬϬϯ
ϯ
ϱdžϭϬ
ϯϬ
ϭϬϬ
ϲϮϬϰϬϭͬϬϱ
ϯ
ϴdžϭϲ
ϯϬ
ϭϬϬ
ϲϮϬϰϬϭͬϬϴ
ϯ
ϭϯdžϮϬ
ϯϬ
ϭϬϬ
ϲϮϬϰϬϭͬϭϮ
^ƚŬͬ͘ƉĐΎ
ĚϮ
Ěϭ
ůϮ
ΎsWϮϱ^ƚŬͬ͘ƉƵϮϱƉĐƐ͘
^ĐŚůĞŝĨƐƟŌĞͲ^Ğƚ
'ƌŝŶĚŝŶŐƉŽŝŶƚƐͲƐĞƚ
ŝĞ^ĐŚůĞŝĨƐƟŌĞĂƵƐĚĞůŬŽƌƵŶĚƌŽƐĂƐŝŶĚ
ĨƺƌŚŽŚĞŶďƚƌĂŐƵŶĚůĂŶŐĞ>ĞďĞŶƐĚĂƵĞƌ
ŬŽŶnjŝƉŝĞƌƚ͘
ĂƐ^ĞƚďĞŝŶŚĂůƚĞƚĂůůĞŐćŶŐŝŐĞŶ&ŽƌŵĞŶ
ǀŽŵLJůŝŶĚĞƌďŝƐŚŝŶnjƵƌ<ƵŐĞů͘
'ƌŝŶĚŝŶŐƉŽŝŶƚƐŵĂĚĞŽĨĂůƵŵŝŶŝƵŵŽdžŝĚĞ
ƉŝŶŬŚĂǀĞĂŐŽŽĚƌĞŵŽǀĂůĂŶĚĂůŽŶŐĚƵƌĂͲ
ďŝůŝƚLJ͘
dŚĞƐĞƚĐŽŶƚĂŝŶƐĂůůƐŚĂƉĞƐ͕ĨƌŽŵƚŚĞĐLJůŝŶͲ
ĚĞƌƚŽďĂůůƐŚĂƉĞ͘
ŶnjĂŚů
ƋƵĂŶƟƚLJ
^ĐŚĂŌ
ƐŚĂŶŬ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϯϲ
ϯŵŵ
ϲϮϬϮϰϬϬͲϯ
ϰϱ
ϲŵŵ
ϲϮϬϮϰϬϬͲϲ
ϲϮϬϮϰϬϬͲϯ
ϲϮϬϮϰϬϬͲϲ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϯϵ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
WK>/Z^d/&dͬWK>/^,/E'DKhEdWK/Ed^
WŽůŝĞƌĞŶƵŶĚ^ĐŚůĞŝĨĞŶŝŶŝŶĞŵ
WŽůŝƐŚŝŶŐĂŶĚŐƌŝŶĚŝŶŐŝŶŽŶĞŽƉĞƌĂƟŽŶ
ĂŝǁĂĞůĂƐƟƐĐŚĞWŽůŝĞƌƐƟŌĞŚĂďĞŶĞŝŶ^ƉĞnjŝĂůŬŽƌƵŶĚ͕ĚŝĞďĞŝ
ŚŽŚĞƌ^ĐŚŶŝƩůĞŝƐƚƵŶŐƐĞŚƌŐƵƚĞZĂƵŝŐŬĞŝƚƐǁĞƌƚĞĞƌƌĞŝĐŚĞŶ͘
^ŝĞƐŝŶĚĞŝŶĨĂĐŚĂďnjƵƌŝĐŚƚĞŶ͕ĂƌďĞŝƚĞŶƐĐŚǁŝŶŐƵŶŐƐĨƌĞŝƵŶĚ
ĞƌnjĞƵŐĞŶǁĞŶŝŐĞƌ^ƚĂƵďƉĂƌƟŬĞů͘
ͣŶŽƌŵĂůĞƌ͞WŽůŝĞƌƐƟŌͬͣŶŽƌŵĂů͞ƉŽůŝƐŚŝŶŐƉŽŝŶƚ
ĂŝǁĂĞůĂƐƟĐƉŽůŝƐŚŝŶŐŵŽƵŶƚĞĚƉŽŝŶƚƐŚĂǀĞĂƐƉĞĐŝĂůĐŽƌƵŶĚͲ
ƵŵǁŝƚŚĂŚŝŐŚĐƵƫŶŐƌĞŵŽǀĂůĂŶĚǀĞƌLJŐŽŽĚĐŽĂƌƐĞŶĞƐƐ͘
dŚĞLJĐĂŶĞĂƐŝůLJďĞĚƌĞƐƐĞĚ͕ǁŽƌŬĨƌĞĞŽĨǀŝďƌĂƟŽŶĂŶĚ
ƉƌŽĚƵĐĞůĞƐƐĚƵƐƚ͘
/tWŽůŝĞƌƐƟŌͬ/tƉŽůŝƐŚŝŶŐƉŽŝŶƚ
ŝĞDŝŶĚƵŶŐŝƐƚ^ƚĂŶĚĂƌĚ͕ǁĞŝƚĞƌĞŝŶĚƵŶŐĞŶƐŝŶĚ͗
dŚĞďŽŶĚŝŶŐDŝƐƐƚĂŶĚĂƌĚ͕ŽƚŚĞƌďŽŶĚŝŶŐƐĂƌĞ͗
dLJƉKy
dLJƉ
hŶŝǀĞƌƐĂůͲ
ďŝŶĚƵŶŐĨƺƌ
DĞƚĂůůĞ͕ůƵƵŶĚ
ĚĞůƐƚĂŚů
dLJƉD
ŚćƌƚĞƌĂůƐDƵŶĚ
njƵŵŶĨĂƐĞŶƵŶĚ
ŶƚŐƌĂƚĞŶƐĞŚƌŐƵƚ
ŐĞĞŝŐŶĞƚ
dLJƉhE
/ĚĞĂůĨƺƌƌďĞŝƚĞŶ
ďĞŝĚĞŶĞŶĚŝĞhƌͲ
ƐƉƌƵŶŐƐŇćĐŚĞŶŝĐŚƚ
ďĞƐĐŚćĚŝŐƚǁĞƌĚĞŶ
ƐŽůůnj͘͘ďĞŝƌďĞŝƚĞŶ
ŵŝƚ'ŽůĚ
ŝĂŵĂŶƚǀĞƌƐĞƚnjƚ͕
ŐĞĞŝŐŶĞƚĨƺƌ'ůĂƐ͕<ĞƌĂͲ
ŵŝŬ͕^ŝŶƚĞƌŵĞƚĂůůĞƵŶĚ
njćŚĞDĂƚĞƌŝĂůŝĞŶ͕ŬĂŶŶ
ĂƵĐŚ^ƉŝĞŐĞůŚŽĐŚŐůĂŶnj
ĂƵĨ^ƚĂŚůĞƌnjĞƵŐĞŶ
ĂďƌĂƐŝǀĞƌWŽůLJƵƌĞͲ
ƚŚĂŶƐĐŚĂƵŵĨƺƌĚŝĞ
,ŽĐŚŐůĂŶnjƉŽůŝƚƵƌĂƵĨ
ůƵŵŝŶŝƵŵ
dLJƉ&
ƵŶŝǀĞƌƐĂůďŽŶĚŝŶŐĨŽƌ
ĂůůŵĞƚĂůƐ͕ĂůƵŵŝŶŝƵŵ
ĂŶĚƐƚĂŝŶůĞƐƐƐƚĞĞů
ŚĂƌĚĞƌƚŚĂŶD͕ǀĞƌLJ
ŐŽŽĚĨŽƌďĞǀĞůůŝŶŐ
ĂŶĚĚĞďƵƌƌŝŶŐ
ŝĚĞĂůĨŽƌǁŽƌŬŝŶŐǁŝƚŚ
ŵĂƚĞƌŝĂůƐ͕Ğ͘Ő͘ŐŽůĚ͕
ǁŚŝĐŚƐŚŽƵůĚŶŽƚďĞ
ĚĂŵĂŐĞĚ
ǁŝƚŚĚŝĂŵŽŶĚƐ͕ŝĚĞĂů
ĨŽƌǁŽƌŬŝŶŐǁŝƚŚŐůĂƐƐ͕
ĐĞƌĂŵŝĐ͕ƐŝŶƚĞƌĞĚŵĞͲ
ƚĂů͕ĐŽƵůĚďĞƵƐĞĚĨŽƌ
ƉŽůŝƐŚŝŶŐŚŝŐŚŐůŽƐƐ
ĂďƌĂƐŝǀĞƉŽůLJƵƌĞƚŚĂŶĞ
ĨŽĂŵĨŽƌŚŝŐŚŐůŽƐƐ
ĮŶŝƐŚŝŶŐŽĨĂůƵŵŝŶŝƵŵ
DͲŶǁĞŶĚƵŶŐƐďĞŝƐƉŝĞůĞͬDĂƉƉůŝĐĂƟŽŶĞdžĂŵƉůĞƐ
ŶƞĞƌŶĞŶǀŽŶ<ƌĂƚnjĞƌŶĂƵĨůƵŵŝŶŝƵŵĨĞůŐĞŶͬZĞŵŽǀŝŶŐƐĐƌĂƚĐŚĞƐŽŶĂůƵŵŝŶŝƵŵƌŝŵƐ
WŽůŝĞƌĞŶǀŽŶůƵŵŝŶŝƵŵĨŽƌŵĞŶĨƺƌƵƚŽĨĞůŐĞŶͬWŽůŝƐŚŝŶŐŽĨĂůƵŵŝŶŝƵŵŵŽƵůĚƐĨŽƌƌŝŵƐ
WŽůŝĞƌĂƌďĞŝƚĞŶĂŶ&ŽƌŵĞŶĨƺƌ^ĐŚĞŝŶǁĞƌĨĞƌͬWŽůŝƐŚŝŶŐŽĨŵŽƵůĚƐĨŽƌĐĂƌŚĞĂĚůŝŐŚƚƐ
WŽůŝĞƌĞŶƵŶĚŶƚŐƌĂƚĞŶǀŽŶ^ĐŚŵŝĞĚĞͲƵŶĚƌƵĐŬŐƵƐƐƚĞŝůĞŶͬWŽůŝƐŚŝŶŐĂŶĚĚĞďƵƌƌŝŶŐŽĨĨŽƌŐŝŶŐƐĂŶĚĚŝĞͲĐĂƐƟŶŐƐ
WŽůŝĞƌĞŶƵŶĚŶƚŐƌĂƚĞŶĚŝǀĞƌƐĞƌƵƚŽͲƵŶĚDŽƚŽƌƌĂĚƚĞŝůĞͬWŽůŝƐŚŝŶŐĂŶĚĚĞďƵƌƌŝŶŐŽĨĐĂƌĂŶĚŵŽƚŽƌďŝŬĞĞůĞŵĞŶƚƐ
WŽůŝĞƌĞŶƵŶĚ<ƌĂƚnjĞƌĞŶƞĞƌŶƵŶŐǀŽŶ'ĞƚƌŝĞďĞŐĞŚćƵƐĞŶͬWŽůŝƐŚŝŶŐĂŶĚĚĞďƵƌƌŝŶŐŽĨŐĞĂƌĐĂƐŝŶŐ
WŽůŝĞƌĞŶǀŽŶsĞŶƟůƐŝƚnjĞŶ;EƵƌdLJƉKyŵŝƚ<ŽƌŶϭ͘ϬϬϬͿͬWŽůŝƐŚŝŶŐŽĨǀĂůǀĞƐĞĂƚƐ;ŽŶůLJƚLJƉĞKy͕Őƌŝƚϭ͕ϬϬϬͿ
&ŽůŐĞŶĚĞ&ŽƌŵĞŶŬƂŶŶĞŶŚĞƌŐĞƐƚĞůůƚǁĞƌĚĞŶ͗
&ŽůůǁŝŶŐƐŚĂƉĞƐĐĂŶďĞƉƌŽĚƵĐĞĚ͗
WŽŝŶƚƌĂĚŝƵƐĂůƐŽƐƉĞĐŝĮĂďůĞ
^ƉĞĐŝĨLJƚŚĞƉŽŝŶƚĂŶŐůĞ
WŽŝŶƚƌĂĚŝƵƐĂůƐŽƐƉĞĐŝĮĂďůĞ
^ƉĞĐŝĨLJƚŚĞƉŽŝŶƚĂŶŐůĞĂŶĚϭĂƚůĞĂƐƚ
^ƉĞĐŝĨLJƚŚĞĂŶŐůĞ͗ɲ
ϰϬ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
/tWŽůŝĞƌƐƟŌĞdLJƉD
/tƉŽůŝƐŚŝŶŐŵŽƵŶƚĞĚƉŽŝŶƚ
Ěϭ
ĚϮ
ůϮ
ĚϮ
ĚϭdžůϮ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
<ϮϮϬ
<ϯϮϬ
ϯ
Ϯdžϱ
ϯ
ϯdžϴ
ϯϬ͘ϬϬϬ
ϲϮϬϲϭϭͬϬϴ
ϲϮϬϲϭϭͬϭϮ
ϲϮϬϲϭϭͬϭϴ
ϲϮϬϲϭϭͬϮϮ
ϲϮϬϲϭϭͬϯϮ
ϯϬ͘ϬϬϬ
ϲϮϬϲϭϮͬϬϴ
ϲϮϬϲϭϮͬϭϮ
ϲϮϬϲϭϮͬϭϴ
ϲϮϬϲϭϮͬϮϮ
ϲϮϬϲϭϮͬϯϮ
ϯ
ϯ
ϰdžϭϯ
ϯϬ͘ϬϬϬ
ϲϮϬϲϬϭͬϬϴ
ϲϮϬϲϬϭͬϭϮ
ϲϮϬϲϬϭͬϭϴ
ϲϮϬϲϬϭͬϮϮ
ϲϮϬϲϬϭͬϯϮ
ϱdžϭϱ
ϯϬ͘ϬϬϬ
ϲϮϬϲϬϮͬϬϴ
ϲϮϬϲϬϮͬϭϮ
ϲϮϬϲϬϮͬϭϴ
ϲϮϬϲϬϮͬϮϮ
ϲϮϬϲϬϮͬϯϮ
ϯ
ϲdžϭϳ
ϯϬ͘ϬϬϬ
ϲϮϬϲϬϯͬϬϴ
ϲϮϬϲϬϯͬϭϮ
ϲϮϬϲϬϯͬϭϴ
ϲϮϬϲϬϯͬϮϮ
ϲϮϬϲϬϯͬϯϮ
ϯ
ϴdžϮϬ
ϯϬ͘ϬϬϬ
ϲϮϬϲϬϰͬϬϴ
ϲϮϬϲϬϰͬϭϮ
ϲϮϬϲϬϰͬϭϴ
ϲϮϬϲϬϰͬϮϮ
ϲϮϬϲϬϰͬϯϮ
ϯ
ϭϬdžϮϬ
ϯϬ͘ϬϬϬ
ϲϮϬϲϬϱͬϬϴ
ϲϮϬϲϬϱͬϭϮ
ϲϮϬϲϬϱͬϭϴ
ϲϮϬϲϬϱͬϮϮ
ϲϮϬϲϬϱͬϯϮ
ϯ
ϭϱdžϭϳ
ϮϬ͘ϬϬϬ
ϲϮϬϲϬϲͬϬϴ
ϲϮϬϲϬϲͬϭϮ
ϲϮϬϲϬϲͬϭϴ
ϲϮϬϲϬϲͬϮϮ
ϲϮϬϲϬϲͬϯϮ
ϲ
ϮϬdžϮϬ
ϮϬ͘ϬϬϬ
ϲϮϬϲϭϳͬϬϴ
ϲϮϬϲϭϳͬϭϮ
ϲϮϬϲϭϳͬϭϴ
ϲϮϬϲϭϳͬϮϮ
ϲϮϬϲϭϳͬϯϮ
ϲ
ϮϱdžϮϱ
ϮϬ͘ϬϬϬ
ϲϮϬϲϭϰͬϬϴ
ϲϮϬϲϭϰͬϭϮ
ϲϮϬϲϭϰͬϭϴ
ϲϮϬϲϭϰͬϮϮ
ϲϮϬϲϭϰͬϯϮ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
WK>/Z^d/&dͬWK>/^,/E'DKhEdWK/Ed^
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚƺĐŬͬƉƵϭϬƉĐƐ͘
ďĞƐƐĞƌĞƌŐĞďŶŝƐƐĞŵŝƚŶŝĞĚƌŝŐĞƌĞƌƌĞnjŚĂŚů
ďĞƩĞƌƌĞƐƵůƚƐǁŝƚŚůŽǁĞƌƌŽƚĂƟŽŶƐƉĞĞĚ
/tƌĂƉŝĚŵŝƚϱϬ͘ϬϬϬhͬŵŝŶĂƵĨŶĨƌĂŐĞ
/tƌĂƉŝĚǁŝƚŚϱϬ͕ϬϬϬƌƉŵŽŶƌĞƋƵĞƐƚ
ǀŝĞůĞǁĞŝƚĞƌĞďĞŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŵĂŶLJŽƚŚĞƌƐŝnjĞƐŽŶƌĞƋƵĞƐƚ
/t^Ğƚ
/tŬŝƚ
ŶnjĂŚů
ƋƵĂŶƟƚLJ
ĚϮ
ĚϭdžůϮ
Eƌͬ͘EŽ͘
ϭϬϬ
ϯ
ϰdžϭϯ
ϲϮϬϲϬ/ϭ
ϭϬ
ϯ
ϰdžϭϯ
ϲϮϬϲϬ/Ϯ
ϱϬ
ϲ
ϮϬdžϮϬ
ϲϮϬϲϬ/ϯ
ϭϬ
ϲ
ϮϬdžϮϬ
ϲϮϬϲϬ/ϰ
^ƚŬͬ͘ƉĐ
ϲϮϬϲϬ/ϯ
&ĞŝůŵĂƐĐŚŝŶĞŶ͕^͘ϮϮϯ
ĮůŝŶŐŵĂĐŚŝŶĞƐ͕Ɖ͘ϮϮϯ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϰϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
WK>/Z^d/&dͬWK>/^,/E'DKhEdWK/Ed^
^ŝůŝŬŽŶƉŽůŝĞƌĞƌ͕ǁĞŝĐŚĞŝŶĚƵŶŐ
^ŝůŝĐŽŶƉŽůŝƐŚŝŶŐƉŽŝŶƚ͕ƐŽŌďŽŶĚ
ĚϮ
Ěϭ
ůϮ
ďď͘LJůŝŶĚĞƌ
ĮŐ͘ĐLJůŝŶĚĞƌ
ĚϮ
&Žƌŵ
ƐŚĂƉĞ
ĚϭdžůϮ
Ϯ͕ϯϱ
^Ɖŝƚnj
ƉŽŝŶƚĞĚ
ϰ͕ϱdžϭϮ
Ϯ͕ϯϱ
LJůŝŶĚĞƌ
ĐLJůŝŶĚĞƌ
ϲdžϭϭ͕ϱ
ďď͘^Ɖŝƚnj
ĮŐ͘ƉŽŝŶƚĞĚƐŚĂƉĞ
'ƌŽď;ǁĞŝƘͿ
ĐŽĂƌƐĞ;ǁŚŝƚĞͿ
DŝƩĞů;ƐĐŚǁĂƌnjͿ
ŵĞĚŝƵŵ;ďůĂĐŬͿ
&ĞŝŶ;ďůĂƵͿ
ĮŶĞ;ďůƵĞͿ
^ƚŬͬ͘ƉĐΎ
ϱ͘ϬϬϬ
ϲϮϬϲϱϭ,Ϯ
ϲϮϬϲϱϭ,ϮD
ϲϮϬϲϱϭ,Ϯ&
ϱ͘ϬϬϬ
ϲϮϬϲϱϭ,ϯ
ϲϮϬϲϱϭ,ϯD
ϲϮϬϲϱϭ,ϯ&
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
dĞĐŚŶŝŬƉŽůŝĞƌĞƌ͕ŚĂƌƚĞŝŶĚƵŶŐ
dĞĐŚŶŝĐĂůƉŽůŝƐŚŝŶŐƉŽŝŶƚ͕ŚĂƌĚďŽŶĚŝŶŐ
Ěϭ
ĚϮ
ůϮ
ĚϮ
&Žƌŵ
ƐŚĂƉĞ
ĚϭdžůϮ
Ϯ͕ϯϱ
^Ɖŝƚnj
ƉŽŝŶƚĞĚ
ϯ͕ϯdžϳ͕ϱ
Ϯ͕ϯϱ
LJůŝŶĚĞƌ
ĐLJůŝŶĚĞƌ
ϭϬdžϭϮ
ďď͘^Ɖŝƚnj
ĮŐ͘ƉŽŝŶƚĞĚƐŚĂƉĞ
ďď͘LJůŝŶĚĞƌ
ĮŐ͘ĐLJůŝŶĚĞƌ
'ƌŽď;ďůĂƵͿ
ĐŽĂƌƐĞ;ďůƵĞͿ
DŝƩĞů;ŐƌĂƵͿ
ŵĞĚŝƵŵ;ŐƌĞLJͿ
&ĞŝŶ;ďƌĂƵŶͿ
ĮŶĞ;ďƌŽǁŶͿ
džͲ&ĞŝŶ;ŐƌƺŶͿ
džͲĮŶĞ;ŐƌĞĞŶͿ
^ƚŬͬ͘ƉĐΎ
ϱ͘ϬϬϬ
ϲϮϬϲϱϮ'
ϲϮϬϲϱϮD
ϲϮϬϲϱϮ&
ϲϮϬϲϱϮy&
ϱ͘ϬϬϬ
ϲϮϬϲϱϯ'
ϲϮϬϲϱϯD
ϲϮϬϲϱϯ&
ϲϮϬϲϱϯy&
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ďnjŝĞŚƐƚĞŝŶĞ^͘ϰϱ
ĚƌĞƐƐŝŶŐƐƟĐŬƐƉ͘ϰϱ
ŝĂŵĂŶƚƉŽůŝĞƌĞƌ͕ŵŝƩůĞƌĞŝŶĚƵŶŐ͕ƐƉŝƚnj
ŝĂŵŽŶĚƉŽůŝƐŚŝŶŐƉŽŝŶƚ͕ŵĞĚŝƵŵďŽŶĚŝŶŐ͕ƉŽŝŶƚĞĚ
ůϮ
ĚϮ
ĚϮ
ĚϭdžůϮ
Ϯ͕ϯϱ
ϰdžϭϯ
ϱ͘ϬϬϬ
'ƌŽď;ďůĂƵͿ
ĐŽĂƌƐĞ;ďůƵĞͿ
DŝƩĞů;ƌŽƚͿ
ŵĞĚŝƵŵ;ƌĞĚͿ
&ĞŝŶ;ǁĞŝƘͿ
ĮŶĞ;ǁŚŝƚĞͿ
ϲϮϬϲϱϰ'
ϲϮϬϲϱϰD
ϲϮϬϲϱϰ&
^ƚŬͬ͘ƉĐ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
ϰϮ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
Ěϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
'WZ^^ds>/^^,>/&^d/&dͬhE/d/K^
'ĞƉƌĞƐƐƚĞsůŝĞƐƐĐŚůĞŝĨƐƟŌĞ
DŽƵŶƚĞĚhŶŝƟnjĞĚŽďƐ
/ĚĞĂůĨƺƌĚŝĞĞĂƌďĞŝƚƵŶŐǀŽŶůƵŵŝŶŝƵŵ͕ƐćƵƌĞͲƵŶĚ
ƌŽƐƚďĞƐƚćŶĚŝŐĞŶ^ƚćŚůĞŶƵŶĚŶŝĐŚƚĞŝƐĞŶŚĂůƟŐĞŶ
DĂƚĞƌŝĂůŝĞŶ͘ŶƞĞƌŶƚƉƌŽďůĞŵůŽƐZĂƩĞƌŵĂƌŬĞŶƵŶĚ
&ƌćƐĂďƐćƚnjĞ͘ŝĞsůŝĞƐƐƟŌĞƐĞƚnjĞŶƐŝĐŚŶŝĐŚƚnjƵƵŶĚ
ĞƌnjĞƵŐĞŶĞŝŶĞŚĞƌǀŽƌƌĂŐĞŶĚĞKďĞƌŇćĐŚĞ͘^ŝĞƐŝŶĚ
ŚĞƌǀŽƌƌĂŐĞŶĚĨƺƌĚŝĞsŽƌĂƌďĞŝƚŐĞĞŝŐŶĞƚƵŶĚŚĂůƚĞŶ
ŚŽŚĞŶƌƵĐŬĂƵƐ͘
ĚϮ
ĚϭdžůϮ
ϯ
ϯdžϭϬ
ϱϱ͘ϬϬϬ
DŽƵŶƚĞĚƵŶŝƟnjĞĚďŽďƐĂƌĞŝĚĞĂůĨŽƌǁŽƌŬŝŶŐŽŶ
ĂůƵŵŝŶŝƵŵ͕ƌƵƐƚͲƉƌŽŽĨĂŶĚƐƚĂŝŶůĞƐƐƐƚĞĞůĂŶĚŶŽŶͲ
ĨĞƌƌŽƵƐŵĂƚĞƌŝĂůƐ͘ŚĂƩĞƌŵĂƌŬƐĂŶĚŵŝůůŝŶŐĞĚŐĞƐ
ĐĂŶďĞƌĞŵŽǀĞĚĞĂƐŝůLJ͘dŚĞďŽďƐĐƌĞĂƚĞĂŶĞdžĐĞůůĞŶƚ
ƐƵƌĨĂĐĞǁŝƚŚŶŽĐůŽŐŐŝŶŐĂŶĚĂƌĞƋƵŝƚĞŐŽŽĚĨŽƌƚŚĞ
ƉƌĞƉĂƌĂƚŽƌLJǁŽƌŬĂŶĚǁŝƚŚƐƚĂŶĚŚŝŐŚƉƌĞƐƐƵƌĞ͘
'ƌŽď;ďůĂƵͿ
ĐŽĂƌƐĞ;ďůƵĞͿ
DŝƩĞů;ƌŽƚͿ
ŵĞĚŝƵŵ;ƌĞĚͿ
&ĞŝŶ;ƐĐŚǁĂƌnjͿ
ĮŶĞ;ďůĂĐŬͿ
ϲϮϬϴϭϭ'
ϲϮϬϴϭϭD
ϲϮϬϴϭϭ&
ϯ
ϱdžϭϯ
ϱϱ͘ϬϬϬ
ϲϮϬϴϭϮ'
ϲϮϬϴϭϮD
ϲϮϬϴϭϮ&
ϯ
ϲdžϭϯ
ϱϱ͘ϬϬϬ
ϲϮϬϴϭϯ'
ϲϮϬϴϭϯD
ϲϮϬϴϭϯ&
ϯ
ϭϬdžϭϯ
ϰϱ͘ϬϬϬ
ϲϮϬϴϭϰ'
ϲϮϬϴϭϰD
ϲϮϬϴϭϰ&
ϯ
ϭϯdžϭϯ
ϯϰ͘ϬϬϬ
ϲϮϬϴϭϱ'
ϲϮϬϴϭϱD
ϲϮϬϴϭϱ&
^ƚŬͬ͘ƉĐΎ
Ěϭ
ĚϮ
ůϮ
ΎΎ
ΎsWϭϬ^ƚƺĐŬͬƉƵϭϬƉĐƐ͘ΎΎĂƵĐŚĂƵĨϲĞƌ^ĐŚĂŌĞƌŚćůƚůŝĐŚͬĂůƐŽŽŶϲŵŵƐŚĂŶŬĂǀĂŝůĂďůĞ
'ĞƉƌĞƐƐƚĞsůŝĞƐƐĐŚůĞŝĨƐƟŌĞ
DŽƵŶƚĞĚhŶŝƟnjĞĚŽďƐ
^ĐŚĂŌ
^ŚĂŶŬ
ϯdžϭϬ
ŵŵ
ϯŵŵ
ϲϮϬϴϭϬ
^ƚŬͬ͘ƉĐ
'ĞƉƌĞƐƐƚĞsůŝĞƐƐĐŚůĞŝĨƐƟŌĞ
DŽƵŶƚĞĚhŶŝƟnjĞĚŽďƐ
ϲϮϬϴϭϬ
Ěϭ
ůϮ
ĚϮ
ĚϭdžůϮ
ϯ
ϭϯdžϭϰ
ϭϱ͘ϬϬϬ
^ƚŬͬ͘ƉĐΎ
<ϮϰϬ
;ŐĞůďͬ
LJĞůůŽǁͿ
<ϯϮϬ
;ŐƌƺŶͬ
ŐƌĞĞŶͿ
<ϰϬϬ
;ŽƌĂŶŐĞͬ
ŽƌĂŶŐĞͿ
<ϲϬϬ
;ƌŽƐĂͬ
ƉŝŶŬͿ
<ϴϬϬ
;ďƌĂƵŶͬ
ďƌŽǁŶͿ
<ϭϬϬϬ
;ƌŽƚͬ
ƌĞĚͿ
<ϭϱϬϬ
;ďůĂƵͬ
ďůƵĞͿ
ϲϮϬϴϮϭͬϮϰ
ϲϮϬϴϮϭͬϯϮ
ϲϮϬϴϮϭͬϰϬ
ϲϮϬϴϮϭͬϲϬ
ϲϮϬϴϮϭͬϴϬ
ϲϮϬϴϮϭͬϭϬϬ
ϲϮϬϴϮϭͬϭϱϬ
ΎsWϭϬ^ƚƺĐŬͬƉƵϭϬƉĐƐ͘
'ĞƉƌĞƐƐƚĞsůŝĞƐƐĐŚůĞŝĨƐĐŚĞŝďĞŶ
hŶŝƟnjĞĚĚŝƐĐƐ
ĚϭdžůϮ
<ϮϰϬ
;ŐĞůďͬ
LJĞůůŽǁͿ
<ϯϮϬ
;ŐƌƺŶͬ
ŐƌĞĞŶͿ
<ϰϬϬ
;ŽƌĂŶŐĞͬ
ŽƌĂŶŐĞͿ
<ϲϬϬ
;ƌŽƐĂͬƉŝŶŬͿ
<ϴϬϬ
;ůŝůĂͬ
ƉƵƌƉůĞͿ
<ϭϬϬϬ
;ďƌĂƵŶͬ
ďƌŽǁŶͿ
<ϭϱϬϬ
;ďůĂƵͬ
ďůƵĞͿ
Ϯϱdžϰ
ϲϮϳϬϮϯͬϮϰϬ
ϲϮϳϬϮϯͬϯϮϬ
ϲϮϳϬϮϯͬϰϬϬ
ϲϮϳϬϮϯͬϲϬϬ
ϲϮϳϬϮϯͬϴϬϬ
ϲϮϳϬϮϯͬϭϬϬϬ
ϲϮϳϬϮϯͬϭϱϬϬ
^ƚŬͬ͘ƉĐΎ
ΎsWϮϱ^ƚƺĐŬͬƉƵϮϱƉĐƐ͘
ƵĨŶĂŚŵĞĨƺƌŐĞƉƌĞƐƐƚĞsůŝĞƐƐĐŚůĞŝĨƐĐŚĞŝďĞŶ
DĂŶĚƌĞůĨŽƌƵŶŝƟnjĞĚĚŝƐĐƐ
^ĐŚĂŌ
^ŚĂŶŬ
Eƌͬ͘EŽ͘
ϯŵŵ
ϲϮϳϬϮϰ
^ƚŬͬ͘ƉĐ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϰϯ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
'WZ^^ds>/^^,>/&^d/&dͬhE/d/K^
'ĞǁĞďĞǀĞƌƐƚćƌŬƚĞWŽůŝĞƌƐƟŌĞ͕WƌĞŵŝƵŵ
WŽůŝƐŚŝŶŐŵŽƵŶƚĞĚƉŽŝŶƚƐ͕ƉƌĞŵŝƵŵ
/ĚĞĂůĨƺƌĚŝĞ&ĞŝŶďĞĂƌďĞŝƚƵŶŐǀŽŶůƵŵŝŶŝƵŵ͕EͲDĞͲ
ƚĂůůĞŶƐŽǁŝĞǀŽŶŶŝĞĚƌŝŐͲƵŶĚŚŽĐŚůĞŐŝĞƌƚĞŶ^ƚćŚůĞŶ͘
,ƂĐŚƐƚĞ^ƚĂŶĚnjĞŝƚǀŽŶĂůůĞŶWŽůŝĞƌƐƟŌĞŶ͘
ĚϮ
ĚϭdžůϮ
džĐĞůůĞŶƚĨŽƌĮŶĞĮŶŝƐŚŝŶŐŽĨĂůƵŵŝŶŝƵŵ͕ŶŽŶͲĨĞƌƌŽƵƐ
ŵĞƚĂůƐĂŶĚůŽǁͲĂŶĚŚŝŐŚͲĂůůŽLJƐƚĞĞů͘
ĚϮ
,ŝŐŚĞƐƚǁĞĂƌͲƌĞƐŝƐƚĂŶĐĞ͘
<ϰϲ
<ϴϬ
;ƐĐŚǁĂƌnjͬďůĂĐŬͿ ;ŚĞůůŐƌĂƵͬůŝŐŚƚŐƌĞLJͿ
<ϭϮϬ
;ƌŽƚͬƌĞĚͿ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϯ
ϰdžϴ
ϭϬϬ͘ϬϬϬ
Ͷ
ϲϮϬϴϯϭͬϬϴ
ϲϮϬϴϯϭͬϭϮ
ϮϬ
ϯ
ϲdžϭϬ
ϴϬ͘ϬϬϬ
Ͷ
ϲϮϬϴϯϮͬϬϴ
ϲϮϬϴϯϮͬϭϮ
ϮϬ
ϯ
ϴdžϭϬ
ϲϬ͘ϬϬϬ
Ͷ
ϲϮϬϴϯϯͬϬϴ
ϲϮϬϴϯϯͬϭϮ
ϮϬ
ϯ
ϭϬdžϭϬ
ϰϱ͘ϬϬϬ
Ͷ
ϲϮϬϴϯϰͬϬϴ
ϲϮϬϴϯϰͬϭϮ
ϮϬ
ϲ
ϴdžϭϲ
ϲϬ͘ϬϬϬ
ϲϮϬϴϯϱͬϬϰϲ
ϲϮϬϴϯϱͬϬϴ
ϲϮϬϴϯϱͬϭϮ
ϭϬ
ϲ
ϭϬdžϮϬ
ϰϱ͘ϬϬϬ
ϲϮϬϴϯϲͬϬϰϲ
ϲϮϬϴϯϲͬϬϴ
ϲϮϬϴϯϲͬϭϮ
ϭϬ
Ěϭ
ůϮ
'ĞǁĞďĞǀĞƌƐƚćƌŬƚĞWŽůŝĞƌƐƟŌĞ͕WƌĞŵŝƵŵ
WŽůŝƐŚŝŶŐŵŽƵŶƚĞĚƉŽŝŶƚƐ͕ƉƌĞŵŝƵŵ
^ĐŚĂŌ
^ŚĂŶŬ
ϰdžϴͬϲdžϭϬ
ŵŵ
^ƚŬͬ͘ƉĐ
ϯŵŵ
ϲϮϬϴϯϬ
DŝŬƌŽŵŽƚŽƌͲ^LJƐƚĞŵĞ͕^͘ϭϴϲ
ŵŝĐƌŽŵŽƚŽƌͲƐLJƐƚĞŵ͕Ɖ͘ϭϴϲ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
ϰϰ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/,^d/Eͬ^,ZWE/E'^dKE^
ďnjŝĞŚƐƚĞŝŶ͕EŽƌŵĂůŬŽƌƵŶĚ
^ŚĂƌƉĞŶŝŶŐƐƚŽŶĞ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
ďŵĞƐƐƵŶŐ
ĚŝŵĞŶƐŝŽŶ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϯϯdžϮϬdžϰŵŵ
ϲϭϱϭϬϲ
ďnjŝĞŚƐƚĞŝŶŵŝƚZŝůůĞŶ͕^ŝ
^ŚĂƌƉĞŶŝŶŐƐƚŽŶĞǁŝƚŚŐƌŽŽǀĞƐ͕^ŝ
ĞƌďnjŝĞŚƐƚĞŝŶŚĂƚZŝůůĞŶŝŶĚĞŶďŵĞƐƐƵŶŐĞŶϭ͕ϱŵŵ͕ϯŵŵ͕
ϰ͕ϱŵŵƵŶĚϲ͕ϰŵŵƵŶĚĞƌůĞŝĐŚƚĞƌƚƐŽŵŝƚĚĂƐZĞŝŶŝŐĞŶ͕ďƌŝĐŚƚĞŶ
ƵŶĚĚĂƐŝŶ&ŽƌŵďƌŝŶŐĞŶǀŽŶ^ĐŚůĞŝĨͲƵŶĚWŽůŝĞƌƐƟŌĞŶ͘
ďŵĞƐƐƵŶŐ
ĚŝŵĞŶƐŝŽŶ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϴϴdžϯϱdžϭϱŵŵ
ϲϭϱϭϬϳ
ĞĐĂƵƐĞŽĨƚŚĞŐƌŽŽǀĞƐ;ĚŝŵĞŶƐŝŽŶƐ͗ϭ͘ϱŵŵ͕ϯŵŵ͕ϰ͘ϱŵŵĂŶĚ
ϲ͘ϰŵŵͿƚŚĞĐůĞĂŶŝŶŐ͕ĚƌĞƐƐŝŶŐĂŶĚƐŚĂƉŝŶŐŝƐŵƵĐŚĞĂƐŝĞƌƚŚĂŶ
ǁŝƚŚŽƵƚŐƌŽŽǀĞƐ͘
ŝĂŵĂŶƚĂďƌŝĐŚƚĞƌ
ŝĂŵŽŶĚĚƌĞƐƐŝŶŐƐƟĐŬ
DŝƚĚĞŵŝĂŵĂŶƚĂďƌŝĐŚƚĞƌŬƂŶŶĞŶ^ĐŚůĞŝĨͲƵŶĚWŽůŝĞƌƐƟŌĞ
ŐĞƌĞŝŶŝŐƚƵŶĚƉƌŽĮůŝĞƌƚǁĞƌĚĞŶ͘ĂĨƺƌŚĂƚĚĞƌŝĂŵĂŶƚĂďƌŝĐŚƚĞƌ
ƵŶƚĞƌƐĐŚŝĞĚůŝĐŚĞ'ĞŽŵĞƚƌŝĞŶ͘
ďŵĞƐƐƵŶŐ
ĚŝŵĞŶƐŝŽŶ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϮϱdžϭϮdžϲŵŵ
ϲϭϱϭϬϭ
DŽƵŶƚĞĚƉŽŝŶƚƐĐĂŶďĞĐůĞĂŶĞĚĂŶĚƐŚĂƉĞĚĞĂƐŝůLJďLJĚŝīĞƌĞŶƚ
ƐŚĂƉĞƐŽĨƚŚĞĚƌĞƐƐŝŶŐƐƟĐŬ͘
ŝĂŵĂŶƚƐĐŚćƌĨĞƌ͕^Ăƚnj
ŝĂŵŽŶĚĚƌĞƐƐŝŶŐƐĞƚ
ƵŵďƌŝĐŚƚĞŶ͕WƌŽĮůŝĞƌĞŶƵŶĚ^ĐŚćƌĨĞŶǀŽŶ^ĐŚůĞŝīĞŝůĞŶ͕ĂƐLJ
>ĂƉ^ƚĞŝŶĞŶ͕<ĞƌĂŵŝŬĨĂƐĞƌĨĞŝůĞŶ͕<ĞƌĂŵŝŬнŝĂŵĂŶƞĂƐĞƌĨĞŝůĞŶ͕
WůĞdžŝŐůĂƐƵŶĚ,ŽůnjǁĞƌŬnjĞƵŐĞŶ͕DĞƐƐŝŶŐƌŝŶŐĞŶƵŶĚDĞƐƐŝŶŐŬƂƌͲ
ƉĞƌŶƐŽǁŝĞŐĞƐŝŶƚĞƌƚĞŶŝĂŵĂŶƚǁĞƌŬnjĞƵŐĞŶƵŶĚƌŽƟĞƌĞŶĚĞŶ
^ĐŚůĞŝĨƐƟŌĞŶ͘
<ƂƌŶƵŶŐϭϴϬͬϮϲϬͬϯϲϬ
&ŽƌƚƌƵĞŝŶŐ͕ƉƌŽĮůŝŶŐ͕ƐŚĂƌƉĞŶŝŶŐŽĨĂďƌĂƐŝǀĞŐƌŝŶĚŝŶŐĮůĞƐ;ŚŽŶŝŶŐ
ƐƚŽŶĞƐͿ͕ĂƐLJ>ĂƉƐƚŽŶĞƐ͕ĐĞƌĂŵŝĐĮďƌĞĮůĞƐ;ƐƵƉĞƌƐƚŽŶĞƐͿ͕
ĐĞƌĂŵŝĐĂŶĚĚŝĂŵŽŶĚƐƚŽŶĞƐ͕ƉĞƌƐƉĞdžĂŶĚǁŽŽĚĞŶƚŽŽůƐ͕ďƌĂƐƐ
ƌŝŶŐƐĂŶĚďƌĂƐƐĞůĞŵĞŶƚƐ͕ĂƐǁĞůůĂƐƐŝŶƚĞƌĞĚĚŝĂŵŽŶĚƚŽŽůƐĂŶĚ
ƌŽƚĂƟŶŐŐƌŝŶĚŝŶŐƉŽŝŶƚƐ͘
'ƌŝƚƐŝnjĞϭϴϬͬϮϲϬͬϯϲϬ
ϭϱϯdžϱϬŵŵ
Eƌͬ͘EŽ͘
<ϭϴϬ
ϲϭϱϭϬϱͬϭϴ
<ϮϲϬ
ϲϭϱϭϬϱͬϮϲ
<ϯϲϬ
ϲϭϱϭϬϱͬϯϲ
^Ğƚ
ĂůůĞϯ^ĐŚćƌĨĞƌ
ĂůůϯĚƌĞƐƐĞƌ
ϲϭϱϭϬϱ
^ƚŬͬ͘ƉĐ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϰϱ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
EdZ'ZdEͬhZZ/E'
<ĞƌĂŵŝŬĨĂƐĞƌƐƟŌ
ƌŽƐƐͲ,ŽůĞĞďƵƌƌŝŶŐdŽŽůͲĞƌĂŵŝĐ^ƚŽŶĞdLJƉĞ
ŝĞƐĞƌ^ƟŌŝƐƚŽƉƟŵĂůnjƵŵŶƚŐƌĂƚĞŶǀŽŶƐĐŚǁĞƌĞƌƌĞŝĐŚďĂƌĞŶ
^ƚĞůůĞŶƵŶĚŚĂƚĞŝŶĞĞĸnjŝĞŶƚĞďŶĂŚŵĞǀŽŶĨĞŝŶĞŶ'ƌĂƚĞŶďĞŝĞŝŶĞƌ
'ƌĂƚďƌĞŝƚĞǀŽŶϬ͕ϮŵŵŽĚĞƌǁĞŶŝŐĞƌ͘
DŝƚĚŝĞƐĞŵ<ĞƌĂŵŝŬĨĂƐĞƌƐƟŌŝƐƚĚĂƐŶƚŐƌĂƚĞŶƵŶĚŶĨĂƐĞŶǀŽŶ
YƵĞƌƌƵŶŐĞŶŝŶnjLJůŝŶĚƌŝƐĐŚĞŶŽŚƌƵŶŐĞŶƵŶĚĂŵŶĚĞǀŽŶ
^ĂĐŬůŽĐŚďŽŚƌƵŶŐĞŶĞŝŶĨĂĐŚƵŶĚƐĐŚŶĞůůŵƂŐůŝĐŚ͘sŽƌƚĞŝůĞĚŝĞƐĞƐ<ĞƌĂͲ
ŵŝŬĨĂƐĞƌƐƟŌĞƐƐŝŶĚĚŝĞƉƵŶŬƚŐĞŶĂƵĞĞĂƌďĞŝƚƵŶŐƵŶĚĞŝŶƐŽƌŐĨćůƟŐĞƐ
ŶƚŐƌĂƚĞŶŽŚŶĞĞƐĐŚćĚŝŐƵŶŐĚĞƌŽŚƌƵŶŐ͘ĞƌĞůĂƐƟƐĐŚĞ^ĐŚĂŌ
ƐŽƌŐƚĨƺƌƐĂŶŌĞŶƵŶĚŇĞdžŝďůĞŶ<ŽŶƚĂŬƚŵŝƚĚĞŵtĞƌŬƐƚƺĐŬƵŶĚǁŝƌŬƚ
ŐĞŐĞŶĞŝŶĞŵƂŐůŝĐŚĞƌƵĐŚŐĞĨĂŚƌǀŽƌ͘ŝŶĞŚŽŚĞƵŶĚŐůĞŝĐŚŵćƘŝŐĞ
^ĐŚůĞŝīćŚŝŐŬĞŝƚŝƐƚĚƵƌĐŚĚŝĞ^ĞůďƐƚƐĐŚćƌĨĞŝŐĞŶƐĐŚĂŌŐĞǁćŚƌůĞŝƐƚĞƚ͘
ĂŬĞŝŶ^ĐŚůĞŝĨƐƚĂƵďĞŶƚƐƚĞŚƚ͕ŬƂŶŶĞŶĂƵĐŚŬĞŝŶĞ<ƌĂƚnjĞƌĂƵĨĚĞƌ
KďĞƌŇćĐŚĞǀĞƌƵƌƐĂĐŚƚǁĞƌĚĞŶ͘ŝĞĞdžƚƌĞŵĞ<ĂŶƚĞŶͲƵŶĚ&ŽƌŵƐƚĂďŝůŝͲ
ƚćƚŝƐƚĚĞƌ'ƌƵŶĚĨƺƌĞŝŶĞůĂŶŐĞ^ƚĂŶĚnjĞŝƚ͘
dŚĞƚŽŽůŚĞĂĚŝƐŵĂĚĞŽĨĂůƵŵŝŶĂĮďƌĞĂďƌĂƐŝǀĞƐƚŽŶĞ͘dŚĞĐƵƫŶŐ
ĞĚŐĞƐĂƌĞĞdžƉŽƐĞĚŽǀĞƌƚŚĞĞŶƟƌĞƐƵƌĨĂĐĞǁŝƚŚĂĐƵƫŶŐǀŽůƵŵĞŽĨ
Ϭ͘Ϯŵŵ͘
ĞďƵƌƌŝŶŐĂŶĚďĞǀĞůůŝŶŐŝƐŵƵĐŚĞĂƐŝĞƌĂŶĚĨĂƐƚĞƌƚŚĂŶǁŝƚŚĂͣŶŽƌͲ
ŵĂů͞ĚĞďƵƌƌŝŶŐƚŽŽů͘ĚǀĂŶƚĂŐĞƐĂƌĞƉƌĞĐŝƐŝŽŶǁŽƌŬĂŶĚĚĞďƵƌƌŝŶŐ
ǁŝƚŚŽƵƚĂŶLJĚĂŵĂŐĞƐŽĨƚŚĞĚĞďƵƌƌŝŶŐŚŽůĞƐ͘
dŚĞŇĞdžŝďůĞƐŚĂŌŝƐŝŶĐŚĂƌŐĞŽĨƐŽŌĐŽŶƚĂĐƚǁŝƚŚƚŚĞǁŽƌŬƉŝĞĐĞĂŶĚ
ŶŽďƌĞĂŬĂŐĞĚƵƌŝŶŐƵƐĞ͘
dŚĞƐĞůĨͲƐŚĂƌƉĞŶŝŶŐĂĐƟŽŶŽĨƚŚĞĐƵƫŶŐĞĚŐĞŽŶƚŚĞĮŶĞĂůƵŵŝŶĂĮďͲ
ƌĞƌŽĚƟƉƐƉƌŽǀŝĚĞƐƐƵƉĞƌŝŽƌŐƌŝŶĚŝŶŐĂďŝůŝƚLJ͘ŽŶƟŶŽƵƐĐƵƫŶŐĞĚŐĞƐ
ƉƌŽǀŝĚĞĂƐƚĂďůĞĂŶĚĐŽŶƟŶŽƵƐŐƌŝŶĚŝŶŐƉĞƌĨŽƌŵĂŶĐĞ͘
ϲϴŵŵ
ϯŵŵ
ϯϴŵŵ
Ğƌ<ƵŐĞůŬŽƉĨĞŶƞĞƌŶƚŶƵƌĚŝĞ'ƌĂƚĞ
ĚĞƌYƵĞƌƌƵŶŐŽŚŶĞĚŝĞhŵŐĞďƵŶŐ
njƵďĞƐĐŚćĚŝŐĞŶ͘
dŚĞďĂůůƐŚĂƉĞŽŶůLJƌĞŵŽǀĞƐĞĚŐĞƐ
ǁŝƚŚŽƵƚĂŶLJĚĂŵĂŐĞƐŽĨƚŚĞĚĞďƵƌƌŝŶŐ
ŚŽůĞ͘
T
ŵŵ
ϯϬŵŵ
ĞƌLJůŝŶĚĞƌŬŽƉĨŝƐƚŽƉƟŵĂůĨƺƌĚŝĞ
'ƌĂƚĞŶƞĞƌŶƵŶŐďĞŝYƵĞƌƌƵŶŐ
ŝŶĞŝŶĞŵ^ĂĐŬůŽĐŚ͘
dŚĞĐLJůŝŶĚĞƌƐŚĂƉĞŝƐŝĚĞĂůĨŽƌ
ƌĞŵŽǀŝŶŐĞĚŐĞƐŝŶďůŝŶĚŚŽůĞƐ͘
<ϮϬϬ
ŐƌĂƵͬŐƌĞLJ
<ϰϬϬ
ŽƌĂŶŐĞͬŽƌĂŶŐĞ
<ϴϬϬ
ďůĂƵͬďůƵĞ
Tϯ
ϭϬ͘ϬϬϬ
ϲϮϬϴϱϭͬϲϱ
ϲϮϬϴϱϭͬϰϬ
ϲϮϬϴϱϭͬϮϱ
Tϰ
ϭϬ͘ϬϬϬ
ϲϮϬϴϱϮͬϲϱ
ϲϮϬϴϱϮͬϰϬ
ϲϮϬϴϱϮͬϮϱ
Tϱ
ϭϬ͘ϬϬϬ
ϲϮϬϴϱϯͬϲϱ
ϲϮϬϴϱϯͬϰϬ
ϲϮϬϴϱϯͬϮϱ
Tϲ
ϭϬ͘ϬϬϬ
ϲϮϬϴϱϰͬϲϱ
ϲϮϬϴϱϰͬϰϬ
ϲϮϬϴϱϰͬϮϱ
ϯdžϯ
ϭϬ͘ϬϬϬ
ϲϮϬϴϱϱͬϲϱ
ϲϮϬϴϱϱͬϰϬ
ϲϮϬϴϱϱͬϮϱ
ϰdžϰ
ϭϬ͘ϬϬϬ
ϲϮϬϴϱϲͬϲϱ
ϲϮϬϴϱϲͬϰϬ
ϲϮϬϴϱϲͬϮϱ
ϱdžϱ
ϭϬ͘ϬϬϬ
ϲϮϬϴϱϳͬϲϱ
ϲϮϬϴϱϳͬϰϬ
ϲϮϬϴϱϳͬϮϱ
^ƚŬͬ͘ƉĐ
<ĞƌĂŵŝŬĨĂƐĞƌƉŝŶƐĞů
ĞƌĂŵŝĐĮďƌĞďƌƵƐŚ
dŚŝƐďƌƵƐŚŝƐĞdžĐĞůůĞŶƚĨŽƌĚĞďƵƌƌŝŶŐŽĨĐŽŵƉůĞdžƐƵƌĨĂĐĞƐ
ĂŶĚĐĂƐƟŶŐŵŽƵůĚƐ͘
dŚĞǁŽƌŬǁŝƚŚŽƵƚǀŝďƌĂƟŽŶŝƐƐĂĨĞŐƵĂƌĚĞĚ͕ĂůƐŽĂŶĞdžĐĞůͲ
ůĞŶƚƉĞƌĨŽƌŵĂŶĐĞďĞĐĂƵƐĞŽĨƚŚĞƐĞůĨͲƐŚĂƌƉĞŶŝŶŐŽĨƚŚĞ
ϭ͕ϬϬϬĮďƌĞƐ͘
&ŽƌƚŚĞƵƐĞǁŝƚŚŵŝĐƌŽŵŽƚŽƌŐƌŝŶĚĞƌƐ͘
ϱϳ͕ϲŵŵ
ŝĞƐĞƌWŝŶƐĞůŝƐƚŽƉƟŵĂůnjƵŵŶƚŐƌĂƚĞŶǀŽŶŬŽŶƚƵƌƌĞŝĐŚĞŶ
KďĞƌŇćĐŚĞŶ͕'ƵƐƐĨŽƌŵĞŶŽĚĞƌ'ĞƐĞŶŬĞŶ͘
ŝŶǁĞŝĐŚĞƌƵŶĚǀŝďƌĂƟŽŶƐĨƌĞŝĞƌŝŶƐĂƚnjŝƐƚŐĞǁćŚƌůĞŝƐƚĞƚ
ƐŽǁŝĞĞŝŶĞŬŽŶƐƚĂŶƚĞ^ĐŚůĞŝŇĞŝƐƚƵŶŐĚƵƌĐŚƐĞůďƐƚƐĐŚćƌĨĞŶĚĞ
^ƚƌćŶŐĞƵŶĚĐĂ͘ϭ͘ϬϬϬŝŶnjĞůĨĂƐĞƌŶ͘
&ƺƌĚĞŶŝŶƐĂƚnjŝŶDŝŬƌŽŵŽƚŽƌƐĐŚůĞŝĨĞƌŶ͘
ϯŵŵ
ϱŵŵ
ϮϬ͕ϱŵŵ
T
ŵŵ
Tϱ
ϭϮ͘ϬϬϬ
ƐĞŚƌĨĞŝŶͬǀĞƌLJĮŶĞ
<ϭϮϬϬ;ƌŽƚͬƌĞĚͿ
ĨĞŝŶͬĮŶĞ
<ϭϬϬϬ;ǁĞŝƘͬǁŚŝƚĞͿ
^ƚŬͬ͘ƉĐ
ϲϮϬϴϲϵͬϭϮϬ
ϲϮϬϴϲϵͬϭϬϬ
ϯϱ͕ϭŵŵ
'ůĂƐĨĂƐĞƌƉŝŶƐĞůŝŶŬů͘,ĂůƚĞƌ
'ůĂƐƐĮďƌĞďƌƵƐŚǁŝƚŚŚŽůĚĞƌ
ƵƌŽƉƟŵĂůĞŶKďĞƌŇćĐŚĞŶƌĞŝŶŝŐƵŶŐ͕ĚŝĞŵĂůĞďĞŶǀŽŶ,ĂŶĚ
ĞƌĨŽůŐĞŶƐŽůů͘&ƵŶŬƟŽŶŝĞƌƚĂƵĨĨĂƐƚĂůůĞŶKďĞƌŇćĐŚĞŶ͘
Eƌͬ͘EŽ͘
,ĂůƚĞƌͬŚŽůĚĞƌ
ϲϮϬϴϳϭ
WŝŶƐĞůͬďƌƵƐŚĞƐ
ϲϮϬϴϳϮ
ΎWĂĐŬϮϱ^ƚŬͬ͘ƉĐƐ͘
džĐĞůůĞŶƚĨŽƌŵĂŶƵĂůůLJƐƵƌĨĂĐĞĐůĞĂŶŝŶŐ͘
tŽƌŬƐŽŶĂůŵŽƐƚĂůůƐƵƌĨĂĐĞƐ͘
^ƚŬͬ͘ƉĐ
ďŝƐnjƵϮϱŵŵ
ƵƉƚŽϮϱŵŵ
Ύ
ϰϬŵŵ
ϰŵŵ
ϲϮϬϴϳϮ
ϰϲ
ϭϭϵŵŵ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϲϮϬϴϳϭ
<ĞƌĂŵŝŬĨĂƐĞƌƉŝŶƐĞů
ĞƌĂŵŝĐĮďƌĞďƌƵƐŚ
ŝĞƐĞƌŶƚŐƌĂƚĞƌĞŝŐŶĞƚƐŝĐŚŚĞƌǀŽƌƌĂŐĞŶĚĨƺƌĚĂƐŶƚŐƌĂƚĞŶ
ǀŽŶYƵĞƌƌƵŶŐĞŶŝŶnjLJůŝŶĚƌŝƐĐŚĞŶ,ĂƵƉƚƌƵŶŐĞŶƵŶĚnjƵŵ
WŽůŝĞƌĞŶŽĚĞƌŶƚnjƵŶĚĞƌŶĂŶ/ŶŶĞŶǁćŶĚĞŶǀŽŶŽŚƌƵŶŐĞŶ͘
ƵƌĐŚĚŝĞŚŽŚĞůĂƐƟnjŝƚćƚƵŶĚ&ůĞdžŝďŝůŝƚćƚŝƐƚĞŝŶĞŚĞƌǀŽƌƌĂŐĞŶĚĞ
ŶƉĂƐƐƵŶŐĂŶĚĂƐtĞƌŬƐƚƺĐŬŐĂƌĂŶƟĞƌƚ͘&ĞŝŶĞ'ƌĂƚĞďŝƐnjƵϬ͕ϭ
ŵŵǁĞƌĚĞŶĚƵƌĐŚĚŝĞZŽƚĂƟŽŶŽŚŶĞĞƐĐŚćĚŝŐƵŶŐĚĞƌŽŚͲ
ƌƵŶŐĞĸnjŝĞŶƚĞŶƞĞƌŶƚ͘ŝŶĞŬŽŶƐƚĂŶƚĞ^ĐŚůĞŝŇĞŝƐƚƵŶŐŝƐƚĚƵƌĐŚ
ƐĞůďƐƚƐĐŚćƌĨĞŶĚĞ^ĐŚŶĞŝĚŬĂŶƚĞŶŐĞƐŝĐŚĞƌƚ͘&ƺƌĚĞŶŵĂƐĐŚŝŶĞůͲ
ůĞŶŝŶƐĂƚnjŵŝƚĂƵƚŽŵĂƟƐĐŚĞƌƵĨƺŚƌƵŶŐďnjǁ͘ZŽďŽƟŬ͘
ŽŚƌƵŶŐͬďŽƌĞ
Tŵŵ
dŚĞďƌƵƐŚĐĂŶďĞƵƐĞĚĨŽƌĚĞďƵƌƌŝŶŐŽƌƐĐĂůĞƌĞŵŽǀĂůŽŶĐƌŽƐƐͲ
ŚŽůĞƐĂŶĚŽŶŝŶŶĞƌǁĂůůƐƵƌĨĂĐĞƐŽĨĐLJůŝŶĚĞƌƐ͘dŚĞďƌƵƐŚĞƐĐĂŶ
ĐŽŵƉůĞƚĞůLJďĞƌĞŵŽǀĞĚǁŝƚŚŽƵƚĚĂŵĂŐŝŶŐƉĞƌŝƉŚĞƌLJŽĨƚŚĞ
ĐƌŽƐƐͲŚŽůĞĂŶĚǁŝƚŚŽƵƚďƌĞĂŬŝŶŐƚŚĞĞĚŐĞƉĂƩĞƌŶ͘ĞŶƚƌŝĨƵŐĂů
ĨŽƌĐĞŐĞŶĞƌĂƚĞĚďLJƌŽƚĂƟŽŶĞĸĐŝĞŶƚůLJƌĞŵŽǀĞƐĐƌŽƐƐͲŚŽůĞĮŶĞ
ďƵƌƌƐŝŶĐLJůŝŶĚĞƌƐ͘WƌĞĐŝƐŝŽŶƌĞŵŽǀĂůŽĨĂůůĮŶĞďƵƌƌƐǁŚĞƌĞƚŚĞ
ďĂƐĞƚŚŝĐŬŶĞƐƐŝƐϬ͘ϭŵŵŽƌůĞƐƐĂŌĞƌŵĂĐŚŝŶĞƉƌŽĐĞƐƐŝŶŐ͘
&ŽƌƚŚĞŵĞĐŚĂŶŝĐĂůƵƐĞǁŝƚŚĂƵƚŽŵĂƟĐĂůůLJĨĞĞĚŝŶŐͬƌŽďŽƟĐ͘
ϭ͘ŝŶĨĂŚƌďĞǁĞŐƵŶŐ
/ŵ^ƉŝŶĚĞůƐƟůůƐƚĂŶĚĨƺŚƌĞŶ^ŝĞĚĂƐ
tĞƌŬnjĞƵŐŝŶĚŝĞŽŚƌƵŶŐďŝƐǀŽƌĚŝĞnjƵ
ĞŶƚŐƌĂƚĞŶĚĞ^ƚĞůůĞĞŝŶ͘
ϭ͘ŶƚƌLJŵŽǀĞŵĞŶƚ
dŚĞƚŽŽůƐŚŽƵůĚďĞŝŶƐĞƌƚĞĚŝŶƚŽƚŚĞ
ďŽƌĞĚƵƌŝŶŐƚŚĞƐŚĂŌƐƚĂŶĚƐƐƟůů͘
Ϯ͘ƌďĞŝƚƐƐƉŝŶĚĞůĞŝŶƐĐŚĂůƚĞŶ
^ƚĂƌƚĞŶ^ŝĞĚĞŶ^ƉŝŶĚĞůƌĞĐŚƚƐůĂƵĨŝŶĚĞƌ
ŽŚƌƵŶŐŬƵƌnjǀŽƌĚĞƌnjƵĞŶƚŐƌĂƚĞŶĚĞŶ
YƵĞƌƌƵŶŐ͘
Ϯ͘^ǁŝƚĐŚͲŽŶƚŚĞƚŽŽů
dŚĞƚŽŽůƐŚŽƵůĚďĞĞŶŐĂŐĞĚ;ĐůŽĐŬǁŝƐĞͿ
ƐŚŽƌƚůLJƵŶƟůƚŚĞĂƌĞĂƚŽďĞǁŽƌŬĞĚŽŶ
ŚĂƐďĞĞŶƌĞĂĐŚĞĚ͘
ϯ͘sŽƌͲƵŶĚZƺĐŬǁćƌƚƐďĞǁĞŐƵŶŐ
&ƺŚƌĞŶ^ŝĞĚĞŶ&ĂƐĞƌƐƚĂďǀŽƌƵŶĚŚŝŶƚĞƌ
ĚŝĞYƵĞƌƌƵŶŐĞŶ͘/ŶĚĞƌZƺĐŬǁćƌƚƐͲ
ďĞǁĞŐƵŶŐĞŵƉĨĞŚůĞŶǁŝƌnjƵƐćƚnjůŝĐŚ
ĞŝŶĞ^ƉŝŶĚĞůĚƌĞŚƌŝĐŚƚƵŶŐƐćŶĚĞƌƵŶŐ͘
ϯ͘&ŽƌǁĂƌĚĂŶĚďĂĐŬǁĂƌĚŵŽǀĞŵĞŶƚ
/ŶƚƌŽĚƵĐĞƚŚĞďƌƵƐŚďĂĐŬĂŶĚĨŽƌĐĞ
ǁŝƚŚŝŶƚŚĞǁŽƌŬƉŝĞĐĞ͘ĚŝƌĞĐƟŽŶ
ĐŚĂŶŐĞŝƐƌĞĐŽŵŵĞŶĚĞĚďLJƚŚĞďĂĐŬͲ
ǁĂƌĚŵŽǀĞŵĞŶƚ͘
ϰ͘ƵƐĨĂŚƌďĞǁĞŐƵŶŐ
/ŵZƵŚĞnjƵƐƚĂŶĚĨĂŚƌĞŶ^ŝĞĚĂƐtĞƌŬͲ
njĞƵŐǁŝĞĚĞƌŚĞƌĂƵƐ͘
ϰ͘džŝƚŵŽǀĞŵĞŶƚ
dŚĞƚŽŽůƐŚŽƵůĚďĞƐƚŽƉƉĞĚďĞĨŽƌĞ
ǁŝƚŚĚƌĂǁŝŶŐŝƚĨƌŽŵƚŚĞŚŽůĞ͘
Tŵŵ
;ĚϭͿ
Tŵŵ
;ĚϮͿ
Tŵŵ
;ĚϯͿ
ůϭ
ƌƚ͘ͲEƌ͘
ϯ͕ϱͲϱ
ϭϬ͘ϬϬϬ
ϭ͕ϱ
ϰ
ϯ
ϭϮϬ
ϲϮϬϴϲϭ
ϱͲϴ
ϭϬ͘ϬϬϬ
ϯ͕Ϭ
ϰ
ϯ
ϭϮϬ
ϲϮϬϴϲϮ
ϱͲϴ
ϭϬ͘ϬϬϬ
ϯ͕Ϭ
ϰ
ϰ
ϭϳϬ
ϲϮϬϴϲϯ
ϴͲϭϬ
ϭϬ͘ϬϬϬ
ϱ͕Ϭ
ϲ
ϲ
ϭϮϬ
ϲϮϬϴϲϰ
ϴͲϭϬ
ϭϬ͘ϬϬϬ
ϱ͕Ϭ
ϲ
ϲ
ϭϳϬ
ϲϮϬϴϲϱ
ϭϬͲϮϬ
ϭϬ͘ϬϬϬ
ϳ͕Ϭ
ϴ
ϴ
ϭϮϬ
ϲϮϬϴϲϲ
ϭϬͲϮϬ
ϭϬ͘ϬϬϬ
ϳ͕Ϭ
ϴ
ϴ
ϭϳϬ
ϲϮϬϴϲϳ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
EdZ'ZdEͬhZZ/E'
^ƚŬͬ͘ƉĐ
DŽďŝůĞƐ^ĐŚůĞŝĨƐLJƐƚĞŵ͕^͘ϭϴϵ
ŵŽďŝůĞƉŽůŝƐŚŝŶŐƐLJƐƚĞŵ͕Ɖ͘ϭϴϵ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϰϳ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
EdZ'ZdEͬhZZ/E'
,ĂŶĚĞŶƚŐƌĂƚĞƌ
tŽƌŬĮŶŝƐŚĞƌ
ŝĞƐĞ,ĂŶĚĞŶƚŐƌĂƚĞƌďĞƐƚĞĐŚĞŶĚƵƌĐŚŝŚƌĞƋƵĂůƟƚĂƟǀŚŽĐŚǁĞƌƟŐĞ
<ĞƌĂŵŝŬŬůŝŶŐĞ͘^ŝĞƐŝŶĚŚĞƌǀŽƌƌĂŐĞŶĚnjƵŵŶƚŐƌĂƚĞŶǀŽŶ<ƵŶƐƚͲ
ƐƚŽīĞŶ͕^ƚĂŚůƵŶĚEĞͲDĞƚĂůůĞŶŐĞĞŝŐŶĞƚ͘
DĂƘĞͬƐŝnjĞ
ŵŵ
Eƌͬ͘EŽ͘
ϰϬdžϭϰdžϭ͕ϱ
ϲϭϱϭϭϳ
Ϯϱdžϱdžϭ͕ϱ
ϲϭϱϭϭϴ
ϭϬdžϰdžϬ͕ϰ
ϲϭϱϭϭϭ
ϱƌƐĂƚnjŬůŝŶŐĞŶ
ƐƉĂƌĞďůĂĚĞƐ
ϲϭϱϭϭϮ
dŚŝƐĚĞďƵƌƌŝŶŐƚŽŽůƐŚĂǀĞĂŚŝŐŚƋƵĂůŝƟLJĐĞƌĂŵŝĐďůĂĚĞĂŶĚĂƌĞǀĞƌLJ
ŐŽŽĚĨŽƌƚŚĞĚĞďƵƌƌŝŶŐŽĨƉůĂƐƟĐ͕ƐƚĞĞůĂŶĚŶŽŶͲĨĞƌƌŽƵƐŵĞƚĂůƐ͘
^ƚŬͬ͘ƉĐ
ϲϭϱϭϭϳ
ϲϭϱϭϭϴ
ϲϭϱϭϭϭ
ƐĐŚ
ƐĐŚŶĞŝĚĞŶŶŝĐŚƚŝŶǁĞŝĐŚĞDĂƚĞƌŝĂůĞŶ
ĚŽŶŽƚĐƵƚƐŽŌŵĂƚĞƌŝĂůƐ
ĚŽ
ϲϭϱϭϭϮ
^ƚƵ
^ƚƵŵƉĨĞ<ůŝŶŐĞсŬĞŝŶĞsĞƌůĞƚnjƵŶŐƐŐĞĨĂŚƌ
ƐƚƵďďůĂĚĞсŶŽƌŝƐŬŽĨŝŶũƵƌLJ
ƐƚƵ
,ĂŶĚĞŶƚŐƌĂƚĞƌ͕ƵƩĞƌDĞƐƐĞƌ
tŽƌŬĮŶŝƐŚĞƌ͕ĐƵƩĞƌŬŶŝĨĞ
ŝĞŶĞƵĞ'ĞŶĞƌĂƟŽŶĚĞƌ,ĂŶĚĞŶƚŐƌĂƚĞƌćŚŶĞůƚŝŵŵĞƌŵĞŚƌĞŝŶĞŵ
ƚLJƉŝƐĐŚĞŶdĞƉƉŝĐŚŵĞƐƐĞƌ͘
DŝƚŝŚŶĞŶŬĂŶŶ<ƵŶƐƚƐƚŽī͕<ƵƉĨĞƌƵŶĚDĞƐƐŝŶŐďĞĂƌďĞŝƚĞƚǁĞƌĚĞŶ͘
^ŝĞƐŝŶĚƌŽƐƞƌĞŝ͕ǀĞƌƐĐŚůĞŝƘƌĞƐŝƐƚĞŶƚ͕ŶŝĐŚƚŵĂŐŶĞƟƐĐŚƵŶĚ
ĐŚĞŵŝƐĐŚďĞƐƚćŶĚŝŐ͘
dŚĞŶĞǁŐĞŶĞƌĂƟŽŶŽĨǁŽƌŬĮŶŝƐŚĞƌŝƐƐŝŵŝůĂƌƚŽĂƚLJƉŝĐĂůĐĂƌƉĞƚ
ĐƵƩĞƌ͘
dŚĞLJĂƌĞĞdžĐĞůůĞŶƚĨŽƌƚŚĞĚĞďƵƌƌŝŶŐŽĨƉůĂƐƟĐŵŽƵůĚƐ͕ĐŽƉƉĞƌĂŶĚ
ďƌĂƐƐ͘dŚĞLJĂƌĞƌƵƐƚůĞƐƐ͕ǁĞĂƌƌĞƐŝƐƚĂŶĐĞ͕ŶŽŶŵĂŐŶĞƟĐĂŶĚĐŚĞŵŝͲ
ĐĂůƌĞƐŝƐƚĂŶĐĞ͘
ƐĐŚ
ƐĐŚŶĞŝĚĞŶŶŝĐŚƚŝŶǁĞŝĐŚĞDĂƚĞƌŝĂůĞŶ
ĚŽŶŽƚĐƵƚƐŽŌŵĂƚĞƌŝĂůƐ
ĚŽ
DĂƘĞͬƐŝnjĞ
ŵŵ
Eƌͬ͘EŽ͘
ϭϮϱdžϮϬdžϬ͕ϴ
ϲϭϱϭϭϯ
ϮƌƐĂƚnjŬůŝŶŐĞŶ
ƐƉĂƌĞďůĂĚĞƐ
ϲϭϱϭϭϰ
^ƚŬͬ͘ƉĐ
DĂƘĞͬƐŝnjĞ
ŵŵ
Eƌͬ͘EŽ͘
ϭϰϱdžϭϬdžϬ͕ϴ
ϲϭϱϭϭϱ
ϮƌƐĂƚnjŬůŝŶŐĞŶ
ƐƉĂƌĞďůĂĚĞƐ
ϲϭϱϭϭϲ
^ƚŬͬ͘ƉĐ
ϰϴ
ϲϭϱϭϭϯ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϲϭϱϭϭϱ
>ĂŵĞůůĞŶŚƺůƐĞŶ
&ůĂƉĂŶĚƐ
ŝĞ^ĐŚůĞŝŇĂŵĞůůĞŶƐŝŶĚĚŝĐŚƚŐĞƉĂĐŬƚ͕ƐŽĚĂƐƐĞŝŶŐůĞŝĐŚŵćƘŝŐĞƌsĞƌͲ
ƐĐŚůĞŝƘĚĞƌ>ĂŵĞůůĞŶŚƺůƐĞƐƚćŶĚŝŐŶĞƵĞƐĐŚĂƌĨĞ<ƂƌŶĞƌŐĞǁćŚƌůĞŝƐƚĞƚ
ƵŶĚƐŽŵŝƚĞŝŶĞŶŬŽŶƐƚĂŶƚĞŶDĂƚĞƌŝĂůĂďƚƌĂŐǁćŚƌĞŶĚĚĞƌŐĞƐĂŵƚĞŶ
>ĞďĞŶƐĚĂƵĞƌƐŝĐŚĞƌƐƚĞůůƚ͘DĂƚĞƌŝĂůŬŽƐƚĞŶǁĞƌĚĞŶďĞŝŚƂŚĞƌĞŵ
DĂƚĞƌŝĂůĂďƚƌĂŐƌĞĚƵnjŝĞƌƚ͘
ŝŶŐĞƐĞƚnjƚǁĞƌĚĞŶĚŝĞ>ĂŵĞůůĞŶŚƺůƐĞŶŵŝƚ'ƵŵŵŝƚƌćŐĞƌŶ͘
>ĂLJĞƌĞĚŇĂƉƐĂƌĞƟŐŚƚůLJƉĂĐŬĞĚĂŶĚĂĐƚŵŽƌĞĂŐŐƌĞƐƐŝǀĞůLJƚŚĂŶĂŇĂƉ
ǁŚĞĞů͘/ŶĚŝǀŝĚƵĂůŇĂƉƐǁĞĂƌďĂĐŬĞǀĞŶůLJ͕ĐŽŶƐƚĂŶƚůLJĞdžƉŽƐŝŶŐŶĞǁ
ƐŚĂƌƉŐƌĂŝŶƐĂŶĚĂŐŐƌĞƐƐŝǀĞƐƚŽĐŬƌĞŵŽǀĂůƚŚƌŽƵŐŚŽƵƚƉƌŽĚƵĐƚůŝĨĞ͘
>ĂďŽƵƌĐŽƐƚƐǁŝůůďĞƌĞĚƵĐĞĚďLJƌĞŵŽǀŝŶŐŵĂƚĞƌŝĂůĨĂƐƚĞƌ͘
&ůĂƉďĂŶĚƐǁŝůůďĞƵƐĞĚǁŝƚŚƌƵďďĞƌŚŽůĚĞƌƐ͘
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
>D>>E,m>^Eͬ&>WE^
<ůĞŝŶĞ>ĂŵĞůůĞŶŚƺůƐĞŶ͕EŽƌŵĂůŬŽƌƵŶĚ
^ŵĂůůŇĂƉďĂŶĚƐ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
ƵƘĞŶͲTdž,dž/ŶŶĞŶͲT
ĞdžƚĞƌŶĂůͲÓdžŚdžŝŶƚĞƌŶĂůͲÓ
ϲϬ
ϴϬ
ϭϮϬ
^ƚŬͬ͘ƉĐΎ
'ƵŵŵŝƚƌćŐĞƌ ^ƚŬͬ͘ƉĐ
ƌƵďďĞƌŚŽůĚĞƌ
ϯϱdžϮϬdžϮϮ
Ϯϲ͘ϬϬϬ
ϲϮϬϯϬϭϭͬϲϬ
ϲϮϬϯϬϭϭͬϴϬ
ϲϮϬϯϬϭϭͬϭϮϬ
ϲϮϬϯϮϭϭ
ϰϱdžϮϬdžϯϬ
ϭϵ͘ϭϬϬ
ϲϮϬϯϬϭϮͬϲϬ
ϲϮϬϯϬϭϮͬϴϬ
ϲϮϬϯϬϭϮͬϭϮϬ
ϲϮϬϯϮϭϯ
ϰϱdžϯϬdžϯϬ
ϭϵ͘ϭϬϬ
ϲϮϬϯϬϭϯͬϲϬ
ϲϮϬϯϬϭϯͬϴϬ
ϲϮϬϯϬϭϯͬϭϮϬ
ϲϮϬϯϮϭϰ
ϲϬdžϯϬdžϰϱ
ϭϮ͘ϳϬϬ
ϲϮϬϯϬϭϰͬϲϬ
ϲϮϬϯϬϭϰͬϴϬ
ϲϮϬϯϬϭϰͬϭϮϬ
ϲϮϬϯϮϭϲ
ϳϱdžϯϬdžϲϬ
ϵ͘ϱϬϬ
ϲϮϬϯϬϭϱͬϲϬ
ϲϮϬϯϬϭϱͬϴϬ
ϲϮϬϯϬϭϱͬϭϮϬ
ϲϮϬϯϮϭϴ
ϵϬdžϯϬdžϳϱ
ϳ͘ϲϬϬ
ϲϮϬϯϬϭϲͬϲϬ
ϲϮϬϯϬϭϲͬϴϬ
ϲϮϬϯϬϭϲͬϭϮϬ
ϲϮϬϯϮϭϵ
ΎsWϭϬ^ƚƺĐŬͬƉƵϭϬƉĐƐ͘
ŽƉƟŵĂůĞ>ĞďĞŶƐĚĂƵĞƌĚƵƌĐŚŐĞƌŝŶŐĞŶŶƉƌĞƐƐĚƌƵĐŬ
ďĞƐƚůŝĨĞƟŵĞďĞĐĂƵƐĞŽĨƐůŝŐŚƚƉƌĞƐƐƵƌĞ
ŝƌŬŽŶĂƵĨŶĨƌĂŐĞ
ĐŝƌĐŽŶŝƵŵŽŶƌĞƋƵĞƐƚ
'ƌŽƘĞ>ĂŵĞůůĞŶŚƺůƐĞŶ͕EŽƌŵĂůŬŽƌƵŶĚ
>ĂƌŐĞŇĂƉďĂŶĚƐ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
ƵƘĞŶͲTdž,dž/ŶŶĞŶͲT
ĞdžƚĞƌŶĂůͲÓdžŚdžŝŶƚĞƌŶĂůͲÓ
ϲϬ
ϴϬ
ϭϮϬ
^ƚŬͬ͘ƉĐΎ
'ƵŵŵŝƚƌćŐĞƌ ^ƚŬͬ͘ƉĐ
ƌƵďďĞƌŚŽůĚĞƌ
ϭϳϬdžϯϬdžϭϱϬ
ϯ͘ϬϬϬ
ϲϮϬϯϬϮϭͬϲϬ
ϲϮϬϯϬϮϭͬϴϬ
ϲϮϬϯϬϮϭͬϭϮϬ
ϲϮϬϯϬϮϭd
ϭϳϬdžϱϬdžϭϱϬ
ϯ͘ϬϬϬ
ϲϮϬϯϬϮϮͬϲϬ
ϲϮϬϯϬϮϮͬϴϬ
ϲϮϬϯϬϮϮͬϭϮϬ
ϲϮϬϯϬϮϮd
ϮϮϬdžϯϬdžϮϬϬ
Ϯ͘ϱϬϬ
ϲϮϬϯϬϮϯͬϲϬ
ϲϮϬϯϬϮϯͬϴϬ
ϲϮϬϯϬϮϯͬϭϮϬ
ϲϮϬϯϬϮϯd
ϮϮϬdžϱϬdžϮϬϬ
Ϯ͘ϱϬϬ
ϲϮϬϯϬϮϰͬϲϬ
ϲϮϬϯϬϮϰͬϴϬ
ϲϮϬϯϬϮϰͬϭϮϬ
ϲϮϬϯϬϮϰd
ΎsWϭϬ^ƚƺĐŬͬƉƵϭϬƉĐƐ͘
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
ŝƌŬŽŶĂƵĨŶĨƌĂŐĞ
ĐŝƌĐŽŶŝƵŵŽŶƌĞƋƵĞƐƚ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϰϵ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&,m>^Eͬ^W/ZE^
^ĐŚůĞŝĬƺůƐĞŶ
^ƉŝƌĂďĂŶĚƐ
'ƵŵŵŝƚƌćŐĞƌ^͘ϱϮ
ƌƵďďĞƌŚŽůĚĞƌƉ͘ϱϮ
^ƉŝƌĂďĂŶĚƐĐĂŶďĞƵƐĞĚĨŽƌŐƌŝŶĚŝŶŐ͕ĐůĞĂŶŝŶŐĂŶĚ
ƐƚƌƵĐƚƵƌŝŶŐŽĨĂůůŽLJĂŶĚŚŝŐŚĂůůŽLJƐƚĞĞů͘
^ĐŚůĞŝĬƺůƐĞŶŬƂŶŶĞŶĨƺƌĚĂƐ^ĐŚůĞŝĨĞŶ͕ZĞŝŶŝŐĞŶ
ƵŶĚ^ƚƌƵŬƚƵƌŝĞƌĞŶǀŽŶůĞŐŝĞƌƚĞŶƵŶĚŚŽĐŚůĞŐŝĞƌƚĞŶ
^ƚćŚůĞŶǀĞƌǁĞŶĚĞƚǁĞƌĚĞŶ͘
EĞďĞŶEŽƌŵĂůŬŽƌƵŶĚƵŶĚŝƌŬŽŶŬŽƌƵŶĚƐŝŶĚĚŝĞ
^ĐŚůĞŝĬƺůƐĞŶĂƵĐŚŵŝƚ<ĞƌĂŵŝŬŬŽƌŶ͕ŝĂŵĂŶƚŬŽƌŶ
ƵŶĚdƌŝnjĂĐƚΡĞƌŚćůƚůŝĐŚ͘
T
^ƉŝƌĂďĂŶĚƐĂƌĞĂǀĂŝůĂďůĞǁŝƚŚĂůƵŵŝŶŝƵŵŽdžŝĚĞ͕
njŝƌĐŽŶŝĂĂůƵŵŝŶĂ͕ĐĞƌĂŵŝĐ͕ĚŝĂŵŽŶĚĂŶĚdƌŝnjĂĐƚΡ͘
,ƂŚĞ
ŚĞŝŐŚƚ
<ŽƌŶ
Őƌŝƚ
^ĐŚůĞŝĨŵŝƩĞů
ĂďƌĂƐŝǀĞ
ϰ
ϭϬ
ϭϱϬ
ϯϬ͘ϬϬϬ
ϱϱ͘ϬϬϬ
ϲ
ϭϬ
ϭϱϬ
ϯϬ͘ϬϬϬ
ϱϱ͘ϬϬϬ
ϴ
ϭϬ
ϭϱϬ
Ϯϯ͘ϬϬϬ
ϰϮ͘ϬϬϬ
ϭϬ
ϭϬͬϮϬͬϯϬ
Ϯϯ͘ϬϬϬ
ϰϮ͘ϬϬϬ
ϭϯ
Ϯϱ
Ϯϯ͘ϬϬϬ
ϰϮ͘ϬϬϬ
ϭϱ
ϭϬͬϯϬ
Ϯϯ͘ϬϬϬ
ϰϮ͘ϬϬϬ
ϭϵ
Ϯϱ
ϭϴ͘ϱϬϬ
Ϯϴ͘ϱϬϬ
ϮϮ
ϮϬ
ϭϴ͘ϱϬϬ
Ϯϴ͘ϱϬϬ
Ϯϱ
Ϯϱ
ϭϮ͘ϱϬϬ
ϮϬ͘ϬϬϬ
ϯϬ
ϮϬͬϯϬ
ϭϮ͘ϱϬϬ
ϮϬ͘ϬϬϬ
ϯϴ
Ϯϱ
ϴ͘ϱϬϬ
ϭϯ͘ϱϬϬ
ϰϱ
ϯϬ
ϳ͘ϭϬϬ
ϭϭ͘ϬϬϬ
ϱϭ
Ϯϱ
ϱ͘ϱϬϬ
ϴ͘ϱϬϬ
ϲϬ
ϯϬ
ϰ͘ϱϬϬ
ϳ͘ϬϬϬ
ϳϱ
ϯϬ
ϯ͘ϱϬϬ
ϱ͘ϬϬϬ
ϭϬϬ
ϰϬ
Ϯ͘ϬϬϬ
ϰ͘ϬϬϬ
ϯϲͬϰϬͬϱϬͬϲϬͬϴϬͬϭϮϬͬϭϱϬ
ͬϭϴϬͬϮϮϬ
EŽƌŵĂůŬŽƌƵŶĚͬ
ŝƌŬŽŶŬŽƌƵŶĚΎ
ĂůƵŵŝŶŝƵŵŽdžŝĚĞͬ
ĐŝƌĐŽŶŝƵŵĂůƵŵŝŶĂΎ
ΎďŝƐ<ϭϮϬĞƌŚćůƚůŝĐŚͬĂǀĂŝůĂďůĞƵƉƚŽ<ϭϮϬ
T
,ƂŚĞ
ŚĞŝŐŚƚ
<ŽƌŶ
Őƌŝƚ
^ĐŚůĞŝĨŵŝƩĞů
ĂďƌĂƐŝǀĞ
ϭϬ
ϮϬͬϯϬ
Ϯϯ͘ϬϬϬ
ϰϮ͘ϬϬϬ
ϭϯ
Ϯϱ
Ϯϯ͘ϬϬϬ
ϰϮ͘ϬϬϬ
ϭϱ
ϯϬ
Ϯϯ͘ϬϬϬ
ϰϮ͘ϬϬϬ
ϮϮ
ϮϬ
ϭϴ͘ϱϬϬ
Ϯϴ͘ϱϬϬ
Ϯϱ
Ϯϱ
ϭϮ͘ϱϬϬ
ϮϬ͘ϬϬϬ
ϯϬ
ϯϬ
ϭϮ͘ϱϬϬ
ϮϬ͘ϬϬϬ
ϯϴ
Ϯϱ
ϴ͘ϱϬϬ
ϭϯ͘ϱϬϬ
ϰϱ
ϯϬ
ϳ͘ϭϬϬ
ϭϭ͘ϬϬϬ
ϱϭ
Ϯϱ
ϱ͘ϱϬϬ
ϴ͘ϱϬϬ
ϲϬ
ϯϬ
ϰ͘ϱϬϬ
ϳ͘ϬϬϬ
ϯϲͬϰϬͬϱϬͬϲϬͬϴϬ
<ĞƌĂŵŝŬͬĐĞƌĂŵŝĐ
ƌƚ͘ͲEƌ͘ƵŶĚWƌĞŝƐĞƐƚĞŚĞŶĂƵĨĚĞƌŶćĐŚƐƚĞŶ^ĞŝƚĞ͘
ƌƚ͘ͲEŽ͘ĂŶĚƉƌŝĐĞƐĂƌĞŵĞŶƟŽŶĞĚŽŶƚŚĞŶĞdžƚƉĂŐĞ͘
^ĐŚůĞŝĬƺůƐĞŶ͕dƌŝnjĂĐƚΡ
^ƉŝƌĂďĂŶĚƐ͕dƌŝnjĂĐƚΡ
ĞŝdƌŝnjĂĐƚΡŬĂŶŶďŝƐnjƵƌ'ĞǁĞďĞƵŶƚĞƌůĂŐĞŐĞƐĐŚůŝĨͲ
ĨĞŶǁĞƌĚĞŶ͘'ƌƵŶĚŚŝĞƌĨƺƌŝƐƚĞŝŶĞĞdžĂŬƚĂŶŐĞŽƌĚŶĞƚĞ
ϯͲ^ƚƌƵŬƚƵƌǀŽŶŬůĞŝŶƐƚĞŶDŝŶĞƌĂůƉĂƌƟŬĞůŶ͕ĚŝĞŝŵ
ŝŶƐĂƚnjĨŽƌƚůĂƵĨĞŶĚŶĞƵĞ^ĐŚůĞŝĨƉĂƌƟŬĞůƐĐŚŝĐŚƚĞŶ
ĨƌĞŝůĞŐƚ͘ĞƌďƚƌĂŐŝƐƚŚƂŚĞƌƵŶĚĚŝĞKďĞƌŇćĐŚĞŝƐƚ
ĨĞŝŶĞƌĂůƐĚĂƐsĞƌŐůĞŝĐŚƐŬŽƌŶ͘
^ƉŝƌĂďĂŶĚƐǁŝƚŚdƌŝnjĂĐƚΡĐĂŶďĞ
ƵƐĞĚƵƉƚŽƚŚĞĐůŽƚŚďĂƐĞďĞͲ
ĐĂƵƐĞŽĨƚŚĞϯĚƐƚƌƵĐƚƵƌĞĂŶĚƚŚĞ
ƐĞůĨͲƐŚĂƌƉĞŶŝŶŐ͘dŚŝƐƉƌŽǀŝĚĞƐĂ
ĨĂƐƚĂŶĚĞdžƚƌĞŵĞůLJĐŽŶƐŝƐƚĞŶƚĐƵƚ
ƌĂƚĞƚŚƌŽƵŐŚƚŚĞůŽŶŐůŝĨĞŽĨƚŚĞ
ĂďƌĂƐŝǀĞ͘
Tŵŵ
ϭϲϬ
;<ϭϮϬͿ
ϭϬϬ
;<ϮϮϬͿ
ϲϱ
;<ϮϴϬͬϯϮϬͿ
ϯϬ
;<ϲϬϬͿ
ϭϲ
;<ϭϮϬϬͿ
ϯϬdžϯϬ
ϲϮϬϯϬϯϭͬϬϭϮ
ϲϮϬϯϬϯϭͬϬϮϮ
ϲϮϬϯϬϯϭͬϬϮϴ
ϲϮϬϯϬϯϭͬϬϲϬ
ϲϮϬϯϬϯϭͬϭϮϬ
ϰϱdžϯϬ
ϲϮϬϯϬϯϮͬϬϭϮ
ϲϮϬϯϬϯϮͬϬϮϮ
ϲϮϬϯϬϯϮͬϬϮϴ
ϲϮϬϯϬϯϮͬϬϲϬ
ϲϮϬϯϬϯϮͬϭϮϬ
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
ϱϬ
^ĐŚůĞŝĨǀĞƌŚĂůƚĞŶďĞŝ,ƺůƐĞŶŵŝƚdƌŝnjĂĐƚΡ
ŐƌŝŶĚŝŶŐďĞŚĂǀŝŽƵƌŽĨƐƉŝƌĂďĂŶĚƐǁŝƚŚdƌŝnjĂĐƚΡ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
^ĐŚůĞŝĬƺůƐĞŶ͕EŽƌŵĂůŬŽƌƵŶĚ
^ƉŝƌĂďĂŶĚƐ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
Tŵŵ
EϱϬ
EϲϬ
EϴϬ
EϭϮϬ
EϭϱϬ
EϭϴϬ
EϮϮϬ
ϰdžϭϬ
Ͷ
Ͷ
Ͷ
Ͷ
ϲϮϬϯϭϬϭͬϭϱϬ
Ͷ
Ͷ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϭϬϬ
ϲdžϭϬ
Ͷ
Ͷ
Ͷ
Ͷ
ϲϮϬϯϭϬϮͬϭϱϬ
Ͷ
Ͷ
ϭϬϬ
ϴdžϭϬ
Ͷ
Ͷ
Ͷ
Ͷ
ϲϮϬϯϭϬϯͬϭϱϬ
Ͷ
Ͷ
ϭϬϬ
ϭϬdžϭϬ
ϲϮϬϯϭϬϰͬϱϬ
ϲϮϬϯϭϬϰͬϲϬ
ϲϮϬϯϭϬϰͬϴϬ
ϲϮϬϯϭϬϰͬϭϮϬ
ϲϮϬϯϭϬϰͬϭϱϬ
ϲϮϬϯϭϬϰͬϭϴϬ
ϲϮϬϯϭϬϰͬϮϮϬ
ϱϬ
ϭϬdžϮϬ
ϲϮϬϯϭϬϱͬϱϬ
ϲϮϬϯϭϬϱͬϲϬ
ϲϮϬϯϭϬϱͬϴϬ
ϲϮϬϯϭϬϱͬϭϮϬ
ϲϮϬϯϭϬϱͬϭϱϬ
ϲϮϬϯϭϬϱͬϭϴϬ
ϲϮϬϯϭϬϱͬϮϮϬ
ϱϬ
ϭϯdžϮϱ
ϲϮϬϯϭϬϲͬϱϬ
ϲϮϬϯϭϬϲͬϲϬ
ϲϮϬϯϭϬϲͬϴϬ
ϲϮϬϯϭϬϲͬϭϮϬ
ϲϮϬϯϭϬϲͬϭϱϬ
ϲϮϬϯϭϬϲͬϭϴϬ
ϲϮϬϯϭϬϲͬϮϮϬ
ϱϬ
ϭϱdžϭϬ
ϲϮϬϯϭϬϳͬϱϬ
ϲϮϬϯϭϬϳͬϲϬ
ϲϮϬϯϭϬϳͬϴϬ
ϲϮϬϯϭϬϳͬϭϮϬ
ϲϮϬϯϭϬϳͬϭϱϬ
ϲϮϬϯϭϬϳͬϭϴϬ
ϲϮϬϯϭϬϳͬϮϮϬ
ϱϬ
ϭϱdžϯϬ
ϲϮϬϯϭϬϴͬϱϬ
ϲϮϬϯϭϬϴͬϲϬ
ϲϮϬϯϭϬϴͬϴϬ
ϲϮϬϯϭϬϴͬϭϮϬ
ϲϮϬϯϭϬϴͬϭϱϬ
ϲϮϬϯϭϬϴͬϭϴϬ
ϲϮϬϯϭϬϴͬϮϮϬ
ϱϬ
ϭϵdžϮϱ
ϲϮϬϯϭϬϵͬϱϬ
ϲϮϬϯϭϬϵͬϲϬ
ϲϮϬϯϭϬϵͬϴϬ
ϲϮϬϯϭϬϵͬϭϮϬ
ϲϮϬϯϭϬϵͬϭϱϬ
ϲϮϬϯϭϬϵͬϭϴϬ
ϲϮϬϯϭϬϵͬϮϮϬ
ϱϬ
ϮϮdžϮϬ
ϲϮϬϯϭϭϭͬϱϬ
ϲϮϬϯϭϭϭͬϲϬ
ϲϮϬϯϭϭϭͬϴϬ
ϲϮϬϯϭϭϭͬϭϮϬ
ϲϮϬϯϭϭϭͬϭϱϬ
ϲϮϬϯϭϭϭͬϭϴϬ
ϲϮϬϯϭϭϭͬϮϮϬ
ϱϬ
ϮϱdžϮϱ
ϲϮϬϯϭϭϮͬϱϬ
ϲϮϬϯϭϭϮͬϲϬ
ϲϮϬϯϭϭϮͬϴϬ
ϲϮϬϯϭϭϮͬϭϮϬ
ϲϮϬϯϭϭϮͬϭϱϬ
ϲϮϬϯϭϭϮͬϭϴϬ
ϲϮϬϯϭϭϮͬϮϮϬ
ϱϬ
ϯϬdžϮϬ
ϲϮϬϯϭϭϯͬϱϬ
ϲϮϬϯϭϭϯͬϲϬ
ϲϮϬϯϭϭϯͬϴϬ
ϲϮϬϯϭϭϯͬϭϮϬ
ϲϮϬϯϭϭϯͬϭϱϬ
ϲϮϬϯϭϭϯͬϭϴϬ
ϲϮϬϯϭϭϯͬϮϮϬ
ϱϬ
ϯϬdžϯϬ
ϲϮϬϯϭϭϰͬϱϬ
ϲϮϬϯϭϭϰͬϲϬ
ϲϮϬϯϭϭϰͬϴϬ
ϲϮϬϯϭϭϰͬϭϮϬ
ϲϮϬϯϭϭϰͬϭϱϬ
ϲϮϬϯϭϭϰͬϭϴϬ
ϲϮϬϯϭϭϰͬϮϮϬ
ϱϬ
ϯϴdžϮϱ
ϲϮϬϯϭϭϱͬϱϬ
ϲϮϬϯϭϭϱͬϲϬ
ϲϮϬϯϭϭϱͬϴϬ
ϲϮϬϯϭϭϱͬϭϮϬ
ϲϮϬϯϭϭϱͬϭϱϬ
ϲϮϬϯϭϭϱͬϭϴϬ
ϲϮϬϯϭϭϱͬϮϮϬ
ϱϬ
ϰϱdžϯϬ
ϲϮϬϯϭϭϲͬϱϬ
ϲϮϬϯϭϭϲͬϲϬ
ϲϮϬϯϭϭϲͬϴϬ
ϲϮϬϯϭϭϲͬϭϮϬ
ϲϮϬϯϭϭϲͬϭϱϬ
ϲϮϬϯϭϭϲͬϭϴϬ
ϲϮϬϯϭϭϲͬϮϮϬ
ϱϬ
ϱϭdžϮϱ
ϲϮϬϯϭϭϳͬϱϬ
ϲϮϬϯϭϭϳͬϲϬ
ϲϮϬϯϭϭϳͬϴϬ
ϲϮϬϯϭϭϳͬϭϮϬ
ϲϮϬϯϭϭϳͬϭϱϬ
ϲϮϬϯϭϭϳͬϭϴϬ
ϲϮϬϯϭϭϳͬϮϮϬ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&,m>^Eͬ^W/ZE^
ϱϬ
^ĐŚůĞŝĬƺůƐĞŶ͕ŝƌŬŽŶŬŽƌƵŶĚ
^ƉŝƌĂďĂŶĚƐ͕njŝƌĐŽŶŝĂĂůƵŵŝŶĂ
Tŵŵ
ϱϬ
ϲϬ
ϴϬ
ϭϮϬ
^ƚŬͬ͘ƉĐΎ
ϭϬdžϭϬ
ϲϮϬϯϭϮϭͬϱϬ
ϲϮϬϯϭϮϭͬϲϬ
ϲϮϬϯϭϮϭͬϴϬ
ϲϮϬϯϭϮϭͬϭϮϬ
ϭϬdžϮϬ
ϲϮϬϯϭϮϮͬϱϬ
ϲϮϬϯϭϮϮͬϲϬ
ϲϮϬϯϭϮϮͬϴϬ
ϲϮϬϯϭϮϮͬϭϮϬ
ϭϯdžϮϱ
ϲϮϬϯϭϮϯͬϱϬ
ϲϮϬϯϭϮϯͬϲϬ
ϲϮϬϯϭϮϯͬϴϬ
ϲϮϬϯϭϮϯͬϭϮϬ
ϭϱdžϭϬ
ϲϮϬϯϭϮϰͬϱϬ
ϲϮϬϯϭϮϰͬϲϬ
ϲϮϬϯϭϮϰͬϴϬ
ϲϮϬϯϭϮϰͬϭϮϬ
ϭϱdžϯϬ
ϲϮϬϯϭϮϱͬϱϬ
ϲϮϬϯϭϮϱͬϲϬ
ϲϮϬϯϭϮϱͬϴϬ
ϲϮϬϯϭϮϱͬϭϮϬ
ϭϵdžϮϱ
ϲϮϬϯϭϮϲͬϱϬ
ϲϮϬϯϭϮϲͬϲϬ
ϲϮϬϯϭϮϲͬϴϬ
ϲϮϬϯϭϮϲͬϭϮϬ
ϮϮdžϮϬ
ϲϮϬϯϭϮϳͬϱϬ
ϲϮϬϯϭϮϳͬϲϬ
ϲϮϬϯϭϮϳͬϴϬ
ϲϮϬϯϭϮϳͬϭϮϬ
ϮϱdžϮϱ
ϲϮϬϯϭϮϴͬϱϬ
ϲϮϬϯϭϮϴͬϲϬ
ϲϮϬϯϭϮϴͬϴϬ
ϲϮϬϯϭϮϴͬϭϮϬ
ϯϬdžϮϬ
ϲϮϬϯϭϮϵͬϱϬ
ϲϮϬϯϭϮϵͬϲϬ
ϲϮϬϯϭϮϵͬϴϬ
ϲϮϬϯϭϮϵͬϭϮϬ
ϯϬdžϯϬ
ϲϮϬϯϭϯϭͬϱϬ
ϲϮϬϯϭϯϭͬϲϬ
ϲϮϬϯϭϯϭͬϴϬ
ϲϮϬϯϭϯϭͬϭϮϬ
ϯϴdžϮϱ
ϲϮϬϯϭϯϮͬϱϬ
ϲϮϬϯϭϯϮͬϲϬ
ϲϮϬϯϭϯϮͬϴϬ
ϲϮϬϯϭϯϮͬϭϮϬ
ϰϱdžϯϬ
ϲϮϬϯϭϯϯͬϱϬ
ϲϮϬϯϭϯϯͬϲϬ
ϲϮϬϯϭϯϯͬϴϬ
ϲϮϬϯϭϯϯͬϭϮϬ
ϱϭdžϮϱ
ϲϮϬϯϭϯϰͬϱϬ
ϲϮϬϯϭϯϰͬϲϬ
ϲϮϬϯϭϯϰͬϴϬ
ϲϮϬϯϭϯϰͬϭϮϬ
ǁĞŝƚĞƌĞďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
ΎsWϱϬ^ƚŬͬ͘ƉƵϱϬƉĐƐ͘
^ĐŚůĞŝĬƺůƐĞŶ͕<ĞƌĂŵŝŬŬŽƌŶ
^ƉŝƌĂďĂŶĚƐ͕ĐĞƌĂŵŝĐ
^ĞŚƌŚŽŚĞďƚƌĂŐƐůĞŝƐƚƵŶŐďĞŝŬƺŚůĞŵ^ĐŚůŝī͕ƐĞŚƌ
ŐƵƚĨƺƌĚĞůƐƚćŚůĞƵŶĚEŝĐŬĞůͲ>ĞŐŝĞƌƵŶŐĞŶ͘
,ŝŐŚƌĞŵŽǀĂůǁŝƚŚĐŽŽůŐƌŝŶĚŝŶŐ͕ĞdžĐĞůůĞŶƚĨŽƌƐƚĂŝŶͲ
ůĞƐƐƐƚĞĞůĂŶĚŶŝĐŬĞůĂůůŽLJ͘
'ƵŵŵŝƚƌćŐĞƌ^͘ϱϮ
ƌƵďďĞƌŚŽůĚĞƌƉ͘ϱϮ
Tŵŵ
<ϰϬ
sWͬƉƵ
<ϲϬ
sWͬƉƵ
<ϴϬ
sWͬƉƵ
<ϭϮϬ
sWͬƉƵ
ϭϱdžϯϬ
ϲϮϬϯϭϰϭͬϰϬ
ϱϬ
ϲϮϬϯϭϰϭͬϲϬ
ϱϬ
ϲϮϬϯϭϰϭͬϴϬ
ϭϬϬ
ϲϮϬϯϭϰϭͬϭϮϬ
ϭϬϬ
ϯϬdžϯϬ
ϲϮϬϯϭϰϮͬϰϬ
ϱϬ
ϲϮϬϯϭϰϮͬϲϬ
ϱϬ
ϲϮϬϯϭϰϮͬϴϬ
ϭϬϬ
ϲϮϬϯϭϰϮͬϭϮϬ
ϭϬϬ
ϰϱdžϯϬ
ϲϮϬϯϭϰϯͬϰϬ
ϱϬ
ϲϮϬϯϭϰϯͬϲϬ
ϱϬ
ϲϮϬϯϭϰϯͬϴϬ
ϭϬϬ
ϲϮϬϯϭϰϯͬϭϮϬ
ϭϬϬ
ϲϬdžϯϬ
ϲϮϬϯϭϰϰͬϰϬ
Ϯϱ
ϲϮϬϯϭϰϰͬϲϬ
Ϯϱ
ϲϮϬϯϭϰϰͬϴϬ
ϭϬϬ
ϲϮϬϯϭϰϰͬϭϮϬ
ϭϬϬ
^ƚŬͬ͘ƉĐ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϱϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
/DEd,m>^Eͬ^W/ZE^/DKE
ŝĂŵĂŶƚŚƺůƐĞŶ
^ƉŝƌĂďĂŶĚƐ͕ĚŝĂŵŽŶĚ
džĐĞůůĞŶƚĨŽƌĂůůŚĂƌĚŵĂƚĞƌŝĂůƐ;Ğ͘Ő͘ĐĂƌďŝĚĞŵĞƚĂů͕ƐƚŽŶĞ͕ĮďƌĞ
ŐůĂƐƐͿ͕ĐŽĂƟŶŐƐ;ĐŚƌŽŵĞͿĂŶĚŚĂƌĚĨĂĐŝŶŐ͘
/ĚĞĂůĨƺƌĂůůĞŚĂƌƚĞŶDĂƚĞƌŝĂůŝĞŶ;nj͘͘,ĂƌƚŵĞƚĂůů͕^ƚĞŝŶƵŶĚ'&<Ϳ͕
ĞƐĐŚŝĐŚƚƵŶŐĞŶ;nj͘͘ŚƌŽŵͿƵŶĚƵĨƉĂŶnjĞƌƵŶŐĞŶ͘
ÓͲŵŵ
<ϲϬ
;ŐƌƺŶͬŐƌĞĞŶͿ
<ϭϮϬ
;ƐĐŚǁĂƌnjͬďůĂĐŬͿ
<ϮϬϬ
;ƌŽƚͬƌĞĚͿ
<ϰϬϬ
;ŐĞůďͬLJĞůůŽǁͿ
<ϲϬϬ
;ǁĞŝƘͬǁŚŝƚĞͿ
<ϭϬϬϬ;ďůĂƵͬ
ďůƵĞͿ
ϭϱdžϯϬ
ϲϮϬϯϭϱϭͬϲϬ
ϲϮϬϯϭϱϭͬϭϮϬ
ϲϮϬϯϭϱϭͬϮϬϬ
ϲϮϬϯϭϱϭͬϰϬϬ
ϲϮϬϯϭϱϭͬϲϬϬ
ϲϮϬϯϭϱϭͬϭϬϬϬ
ϮϮdžϮϬ
ϲϮϬϯϭϱϮͬϲϬ
ϲϮϬϯϭϱϮͬϭϮϬ
ϲϮϬϯϭϱϮͬϮϬϬ
ϲϮϬϯϭϱϮͬϰϬϬ
ϲϮϬϯϭϱϮͬϲϬϬ
ϲϮϬϯϭϱϮͬϭϬϬϬ
ϮϱdžϮϱ
ϲϮϬϯϭϱϯͬϲϬ
ϲϮϬϯϭϱϯͬϭϮϬ
ϲϮϬϯϭϱϯͬϮϬϬ
ϲϮϬϯϭϱϯͬϰϬϬ
ϲϮϬϯϭϱϯͬϲϬϬ
ϲϮϬϯϭϱϯͬϭϬϬϬ
ϯϬdžϯϬ
ϲϮϬϯϭϱϰͬϲϬ
ϲϮϬϯϭϱϰͬϭϮϬ
ϲϮϬϯϭϱϰͬϮϬϬ
ϲϮϬϯϭϱϰͬϰϬϬ
ϲϮϬϯϭϱϰͬϲϬϬ
ϲϮϬϯϭϱϰͬϭϬϬϬ
ϰϱdžϯϬ
ϲϮϬϯϭϱϱͬϲϬ
ϲϮϬϯϭϱϱͬϭϮϬ
ϲϮϬϯϭϱϱͬϮϬϬ
ϲϮϬϯϭϱϱͬϰϬϬ
ϲϮϬϯϭϱϱͬϲϬϬ
ϲϮϬϯϭϱϱͬϭϬϬϬ
^ƚŬͬ͘ƉĐ
&ůƵŝĚǀĞƌǁĞŶĚĞŶƵŶĚŶƉƌĞƐƐĚƌƵĐŬǀĞƌƌŝŶŐĞƌŶ
ƵƐĞǁŝƚŚŇƵŝĚĂŶĚƌĞĚƵĐĞƚŚĞƉƌĞƐƐƵƌĞ
'ƵŵŵŝͲdžƉĂŶĚŝĞƌŬƂƌƉĞƌ
ZƵďďĞƌͲŚŽůĚĞƌ
^ĐŚĂŌ
ƐŚĂŶŬ
ŵŵ
ÓͲŵŵ
Eƌͬ͘EŽ͘
ϲϮϬϯϮϯϭ
ϲ
ϭϵdžϮϱ
ϲϮϬϯϮϬϵ
ϲdžϭϬ
ϲϮϬϯϮϯϮ
ϲ
ϮϮdžϮϬ
ϲϮϬϯϮϭϭ
ϴdžϭϬ
ϲϮϬϯϮϯϯ
ϲ
ϮϱdžϮϱ
ϲϮϬϯϮϭϮ
^ĐŚĂŌ
ƐŚĂŶŬ
ŵŵ
ÓͲŵŵ
Eƌͬ͘EŽ͘
ϯ
ϰdžϭϬ
ϯ
ϯ
^ƚŬͬ͘ƉĐ
ϯ
ϭϬdžϭϬ
ϲϮϬϯϮϯϰ
ϲ
ϯϬdžϮϬ
ϲϮϬϯϮϭϯ
ϲ
ϰdžϭϬ
ϲϮϬϯϮϬϭ
ϲ
ϯϬdžϯϬ
ϲϮϬϯϮϭϰ
ϲ
ϲdžϭϬ
ϲϮϬϯϮϬϮ
ϲ
ϯϴdžϮϱ
ϲϮϬϯϮϭϱ
ϲ
ϴdžϭϬ
ϲϮϬϯϮϬϯ
ϲ
ϰϱdžϯϬ
ϲϮϬϯϮϭϲ
ϲ
ϭϬdžϭϬ
ϲϮϬϯϮϬϰ
ϲ
ϱϭdžϮϱ
ϲϮϬϯϮϭϳ
ϲ
ϭϬdžϮϬ
ϲϮϬϯϮϬϱ
ϲ
ϲϬdžϯϬ
ϲϮϬϯϮϭϴ
ϲ
ϭϯdžϮϱ
ϲϮϬϯϮϬϲ
ϲ
ϳϱdžϯϬ
ϲϮϬϯϮϭϵ
ϲ
ϭϱdžϭϬ
ϲϮϬϯϮϬϳ
ϲ
ϭϬϬdžϰϬ
ϲϮϬϯϮϮϭ
ϲ
ϭϱdžϯϬ
ϲϮϬϯϮϬϴ
ϱϮ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
^ƚŬͬ͘ƉĐ
^ĐŚůĞŝĩĂŶĚ,ĂůƚĞƌƵŶĚćŶĚĞƌ
ďƌĂƐŝǀĞďĞůƚŚŽůĚĞƌĂŶĚďĞůƚƐ
ZŽďƵƐƚĞƌ,ĂůƚĞƌǀŽŶ^ĐŚůĞŝĩćŶĚĞƌŶnjƵŵ^ĐŚůĞŝĨĞŶǀŽŶƐĐŚǁĞƌͲ
njƵŐćŶŐůŝĐŚĞŶ^ƚĞůůĞŶ͘ŝĞ^ƉĂŶŶƌŽůůĞĞƌŵƂŐůŝĐŚƚĞŝŶůĞŝĐŚƚĞƐ
ƵĨƐƉĂŶŶĞŶĚĞƌćŶĚĞƌƐŽǁŝĞĞŝŶĞŬŽŵƉůĞƩĞEƵƚnjƵŶŐĚĞƐ
ĂŶĚĞƐ͘ŝĞćŶĚĞƌŬƂŶŶĞŶƚƌŽĐŬĞŶŽĚĞƌŶĂƐƐŵŝƚtĂƐƐĞƌ͕Pů
ŽĚĞƌĂŶĚĞƌĞŶ&ůƺƐƐŝŐŬĞŝƚĞŶǀĞƌǁĞŶĚĞƚǁĞƌĚĞŶ͘
ĐŽŶŽŵŝĐĂů͕ǀĞƌƐĂƟůĞďĞůƚƐƟĐŬƐĂŶĚďĞůƚƐĨŽƌƐĂŶĚŝŶŐĂŶĚ
ƐŵŽŽƚŚŝŶŐŚĂƌĚͲƚŽͲƌĞĂĐŚĂƌĞĂƐ͘ĞůƚƐƟĐŬƐĨĞĂƚƵƌĞƐƉƌŝŶŐͲ
ůŽĂĚĞĚƚĞŶƐŝŽŶŝŶŐĚĞǀŝĐĞƚŚĂƚĂůůŽǁƐƋƵŝĐŬďĞůƚĐŚĂŶŐĞƐĂŶĚ
ďĞůƚƌŽƚĂƟŽŶĨŽƌĨƵůůƵƐĂŐĞ͘ĂŶďĞƵƐĞĚĚƌLJŽƌǁŝƚŚǁĂƚĞƌ͕Žŝů
ŽƌƐŽůǀĞŶƚƐ͘
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&EZͬZ^/s>d^
^ĐŚůĞŝĩĂŶĚŚĂůƚĞƌ͕ŝŶŬů͘ĂŶĚ
ďƌĂƐŝǀĞďĞůƚƐƟĐŬƐ͕ŝŶĐů͘ďĞůƚ
'ƌƂƘĞͬƐŝnjĞ
ŵŵ
<ϭϮϬ
ƌŽƚͬƌĞĚ
<ϮϰϬ
ďůĂƵͬďůƵĞ
<ϯϮϬ
ŐƌƺŶͬŐƌĞĞŶ
<ϰϬϬ
ŐĞůďͬLJĞůůŽǁ
<ϲϬϬ
ƐĐŚǁĂƌnjͬďůĂĐŬ
ϳ
ϲϮϬϯϮϱϬͬϭϮ
ϲϮϬϯϮϱϬͬϮϰ
ϲϮϬϯϮϱϬͬϯϮ
ϲϮϬϯϮϱϬͬϰϬ
ϲϮϬϯϮϱϬͬϲϬ
ϭϯ
ϲϮϬϯϮϲϬͬϭϮ
ϲϮϬϯϮϲϬͬϮϰ
ϲϮϬϯϮϲϬͬϯϮ
Ͷ
Ͷ
ϭϵ
ϲϮϬϯϮϳϬͬϭϮ
ϲϮϬϯϮϳϬͬϮϰ
ϲϮϬϯϮϳϬͬϯϮ
Ͷ
Ͷ
^ƚŬͬ͘ƉĐ
^ĐŚůĞŝĩćŶĚĞƌĨƺƌ^ĐŚůĞŝĩĂŶĚŚĂůƚĞƌ
ďƌĂƐŝǀĞďĞůƚƐĨŽƌĂďƌĂƐŝǀĞďĞůƚƐƟĐŬƐ
'ƌƂƘĞͬƐŝnjĞ
ŵŵ
<ϭϮϬ
ƌŽƚͬƌĞĚ
<ϮϰϬ
ďůĂƵͬďůƵĞ
<ϯϮϬ
ŐƌƺŶͬŐƌĞĞŶ
<ϰϬϬ
ŐĞůďͬLJĞůůŽǁ
<ϲϬϬ
ƐĐŚǁĂƌnjͬďůĂĐŬ
ϳ
ϲϮϬϯϮϱϭͬϭϮ
ϲϮϬϯϮϱϭͬϮϰ
ϲϮϬϯϮϱϭͬϯϮ
ϲϮϬϯϮϱϭͬϰϬ
ϲϮϬϯϮϱϭͬϲϬ
ϭϯ
ϲϮϬϯϮϲϭͬϭϮ
ϲϮϬϯϮϲϭͬϮϰ
ϲϮϬϯϮϲϭͬϯϮ
Ͷ
Ͷ
ϭϵ
ϲϮϬϯϮϳϭͬϭϮ
ϲϮϬϯϮϳϭͬϮϰ
ϲϮϬϯϮϳϭͬϯϮ
Ͷ
Ͷ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
^ƚŬͬ͘ƉĐΎ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϱϯ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&EZͬZ^/s>d^
^ĐŚůĞŝĩćŶĚĞƌ
ďƌĂƐŝǀĞďĞůƚƐ
EŽƌŵĂůŬŽƌƵŶĚ
ůƵŵŝŶŝƵŵŽdžŝĚĞ
<ĞƌĂŵŝŬŬŽƌŶ
ĞƌĂŵŝĐ
ŝƌŬŽŶŬŽƌƵŶĚ
ŝƌĐŽŶŝĂĂůƵŵŝŶĂ
ƵŶŝǀĞƌƐĞůůĞŝŶnjƵƐĞƚnjĞŶďĞŝ
ůĞŐŝĞƌƚĞŵƵŶĚ
ƵŶůĞŐŝĞƌƚĞŵ^ƚĂŚůƐŽǁŝĞ
EͲDĞƚĂůůĞŶ
ĞŝŶnjƵƐĞƚnjĞŶďĞŝŚŽĐŚůĞͲ
ŐŝĞƌƚĞŶ͕ƌŽƐƞƌĞŝĞŶƵŶĚ
ƐćƵƌĞďĞƐƚćŶĚŝŐĞŶ
^ƚćŚůĞŶƵŶĚĞdžƚƌĞŵŚĂƌƚĞŶ
tĞƌŬƐƚƺĐŬŽďĞƌŇćĐŚĞŶ
ŚŽŚĞƵŶĚĂŐŐƌĞƐƐŝǀĞ
^ĐŚŶĞŝĚĨćŚŝŐŬĞŝƚƵŶĚ
ƐĞůďƐƚƐĐŚćƌĨĞŶĚ
ĂůůͲƉƵƌƉŽƐĞŽŶĂůůŽLJĂŶĚ
ŶŽŶͲĂůůŽLJƐƚĞĞů͕ŶŽŶͲĨĞƌͲ
ƌŽƵƐŵĞƚĂůƐ
ŚŝŐŚĂůůŽLJ͕ƐƚĂŝŶůĞƐƐĂŶĚ
ĂĐŝĚͲƉƌŽŽĨƐƚĞĞů͕ĞdžƚƌĞŵůLJ
ƐƚƌŽŶŐƐƵƌĨĂĐĞƐ
^ŝ
^ŝ
ŝĂŵĂŶƚ
ŝĂŵŽŶĚ
&ŝůnj;ĂƵĨŶĨƌĂŐĞͿ
&Ğůƚ;ŽŶƌĞƋƵĞƐƚͿ
dƌŝnjĂĐƚΡ
dƌŝnjĂĐƚΡ
ďĞĂƌďĞŝƚĞƚ'ůĂƐ͕DŝŶĞƌĂͲ
ůŝĞŶ͕<ĞƌĂŵŝŬ͕WŽƌnjĞůůĂŶ͕
^ƚĞŝŶ͕dŝƚĂŶ͕DĞƐƐŝŶŐ͕
ƌŽŶnjĞƵŶĚ^ƚĂŚůďůĞĐŚ
njƵƌĞĂƌďĞŝƚƵŶŐǀŽŶ
ŐĞŚćƌƚĞƚĞŶ^ƚćŚůĞŶ͕
dŝƚĂŶůĞŐŝĞƌƵŶŐĞŶ͕<ĞƌĂŵŝŬ
EĂƚƵƌƐƚĞŝŶ͕ŚƌŽŵƐĐŚŝĐŚͲ
ƚĞŶƵŶĚƵĨƉĂŶnjĞƌƵŶŐĞŶ
ĨŽƌƚŚĞƉƌŽĐĞƐƐŽĨ
ƚĞŵƉĞƌĞĚƐƚĞĞů͕ƟƚĂŶŝƵŵ
ĂůůŽLJ͕ĐĞƌĂŵŝĐ͕ƐƚŽŶĞ͕
ĐŚƌŽŵĞĂŶĚŚĂƌĚĨĂĐŝŶŐ
ŚĞƌǀŽƌƌĂŐĞŶĚĨƺƌĚĂƐKďĞƌͲ
ŇćĐŚĞŶĮŶŝƐŚ;,ŽĐŚŐůĂŶnjͲ
ƉŽůŝƚƵƌͿ
ĞŝŶnjƵƐĞƚnjĞŶďĞŝĂůůĞŶ^ƚćŚůĞŶ
ƵŶĚdŝƚĂŶůĞŐŝĞƌƵŶŐĞŶ
ĞdžĐĞůůĞŶƚĨŽƌƐƵƌĨĂĐĞ
ĮŶŝƐŚŝŶŐ;ŚŝŐŚŐůŽƐƐͿ
ĂůůͲƉƵƌƉŽƐĞŽŶĂůůƐƚĞĞůƐĂŶĚ
ƟƚĂŶŝƵŵĂůůŽLJ
ǁŽƌŬƐŽŶŐůĂƐƐ͕ŵŝŶĞƌĂůƐ͕
ĐĞƌĂŵŝĐ͕ƉŽƌĐĞůĂŝŶ͕ƐƚŽŶĞ͕
ƟƚĂŶ͕ďƌĂƐƐ͕ďƌŽŶnjĞĂŶĚ
ƐŚĞĞƚƐƚĞĞů
sůŝĞƐ
EŽŶͲǁŽǀĞŶ
ƵŶŝǀĞƌƐĞůůĞŝŶnjƵƐĞƚnjĞŶďĞŝ
ůĞŐŝĞƌƚĞŵƵŶĚ
ƵŶůĞŐŝĞƌƚĞŵ^ƚĂŚůƐŽǁŝĞ
EͲDĞƚĂůůĞŶ͕ŝĚĞĂůnjƵŵKďĞƌͲ
ŇćĐŚĞŶĮŶŝƐŚƵŶĚŶƞĞƌŶĞŶ
ǀŽŶZŽƐƚƐƚĞůůĞŶ
ŚŝŐŚĂŶĚĂŐŐƌĞƐƐŝǀĞĐƵƫŶŐ ĂůůͲƉƵƌƉŽƐĞŽŶĂůůŽLJĂŶĚŶŽŶͲ
ĞĸĐŝĞŶĐLJĂŶĚ
ĂůůŽLJƐƚĞĞů͕
ƐĞůĨͲƐŚĂƌƉĞŶŝŶŐ
ŶŽŶͲĨĞƌƌŽƵƐŵĞƚĂůƐ͕
ĞdžĐĞůůĞŶƚĨŽƌƐƵƌĨĂĐĞ
ĮŶŝƐŚŝŶŐĂŶĚƌĞŵŽǀĂůŽĨƌƵƐƚ
^ĐŚůĞŝĩćŶĚĞƌ͕EŽƌŵĂůŬŽƌƵŶĚ
ďƌĂƐŝǀĞďĞůƚƐ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
'ƌƂƘĞͬƐŝnjĞ
ŵŵ
E<ϲϬ
E<ϴϬ
E<ϭϮϬ
E<ϭϴϬ
E<ϯϮϬ
^ƚŬͬ͘ƉĐ
ϲdžϯϬϬΎ
ϲϰϳϭϬϭͬϬϲ
ϲϰϳϭϬϭͬϬϴ
ϲϰϳϭϬϭͬϭϮ
ϲϰϳϭϬϭͬϭϴ
ϲϰϳϭϬϭͬϯϮ
ϱϬ
ϴdžϯϬϬΎ
ϲϰϳϭϬϮͬϬϲ
ϲϰϳϭϬϮͬϬϴ
ϲϰϳϭϬϮͬϭϮ
ϲϰϳϭϬϮͬϭϴ
ϲϰϳϭϬϮͬϯϮ
ϱϬ
ϭϬdžϯϯϬΎΎ
ϲϰϳϭϬϯͬϬϲ
ϲϰϳϭϬϯͬϬϴ
ϲϰϳϭϬϯͬϭϮ
ϲϰϳϭϬϯͬϭϴ
ϲϰϳϭϬϯͬϯϮ
ϱϬ
ϭϯdžϲϭϬ
ϲϰϳϭϬϰͬϬϲ
ϲϰϳϭϬϰͬϬϴ
ϲϰϳϭϬϰͬϭϮ
ϲϰϳϭϬϰͬϭϴ
ϲϰϳϭϬϰͬϯϮ
ϱϬ
ϮϬdžϱϮϬΎΎ
ϲϰϳϭϬϱͬϬϲ
ϲϰϳϭϬϱͬϬϴ
ϲϰϳϭϬϱͬϭϮ
ϲϰϳϭϬϱͬϭϴ
ϲϰϳϭϬϱͬϯϮ
ϱϬ
ϰϬdžϴϭϱ
ϲϰϳϭϬϴͬϬϲ
ϲϰϳϭϬϴͬϬϴ
ϲϰϳϭϬϴͬϭϮ
ϲϰϳϭϬϴͬϭϴ
ϲϰϳϭϬϴͬϯϮ
ϱϬ
ϳϱdžϱϯϯ
ϲϰϳϭϬϵͬϬϲ
ϲϰϳϭϬϵͬϬϴ
ϲϰϳϭϬϵͬϭϮ
ϲϰϳϭϬϵͬϭϴ
ϲϰϳϭϬϵͬϯϮ
ϭϬ
ϭϬϬdžϲϮϬ
ϲϰϳϭϭϬͬϬϲ
ϲϰϳϭϭϬͬϬϴ
ϲϰϳϭϭϬͬϭϮ
ϲϰϳϭϭϬͬϭϴ
ϲϰϳϭϭϬͬϯϮ
ϭϬ
ϭϬϬdžϵϱϬ
ϲϰϳϭϭϭͬϬϲ
ϲϰϳϭϭϭͬϬϴ
ϲϰϳϭϭϭͬϭϮ
ϲϰϳϭϭϭͬϭϴ
ϲϰϳϭϭϭͬϯϮ
ϭϬ
ϭϬϬdžϭϬϬϬ
ϲϰϳϭϭϮͬϬϲ
ϲϰϳϭϭϮͬϬϴ
ϲϰϳϭϭϮͬϭϮ
ϲϰϳϭϭϮͬϭϴ
ϲϰϳϭϭϮͬϯϮ
ϭϬ
ϭϮϬdžϭϱϬϬ
ϲϰϳϭϭϯͬϬϲ
ϲϰϳϭϭϯͬϬϴ
ϲϰϳϭϭϯͬϭϮ
ϲϰϳϭϭϯͬϭϴ
ϲϰϳϭϭϯͬϯϮ
ϭϬ
ϭϱϬdžϭϱϬϬ
ϲϰϳϭϭϰͬϬϲ
ϲϰϳϭϭϰͬϬϴ
ϲϰϳϭϭϰͬϭϮ
ϲϰϳϭϭϰͬϭϴ
ϲϰϳϭϭϰͬϯϮ
ϭϬ
ϱϬdžϮϬϬϬ
ϲϰϳϭϭϱͬϬϲ
ϲϰϳϭϭϱͬϬϴ
ϲϰϳϭϭϱͬϭϮ
ϲϰϳϭϭϱͬϭϴ
ϲϰϳϭϭϱͬϯϮ
ϭϬ
ϳϱdžϮϬϬϬ
ϲϰϳϭϭϲͬϬϲ
ϲϰϳϭϭϲͬϬϴ
ϲϰϳϭϭϲͬϭϮ
ϲϰϳϭϭϲͬϭϴ
ϲϰϳϭϭϲͬϯϮ
ϭϬ
ϭϱϬdžϮϬϬϬ
ϲϰϳϭϭϳͬϬϲ
ϲϰϳϭϭϳͬϬϴ
ϲϰϳϭϭϳͬϭϮ
ϲϰϳϭϭϳͬϭϴ
ϲϰϳϭϭϳͬϯϮ
ϭϬ
ϳϱdžϮϱϬϬ
ϲϰϳϭϭϴͬϬϲ
ϲϰϳϭϭϴͬϬϴ
ϲϰϳϭϭϴͬϭϮ
ϲϰϳϭϭϴͬϭϴ
ϲϰϳϭϭϴͬϯϮ
ϭϬ
ΎĞŝŶƐĞƚnjďĂƌŶƵƌĂƵĨDĂƐĐŚŝŶĞ^ϯϯ;^͘ϭϵϰͿͬŽŶůLJƵƐĂďůĞŽŶ^ϯϯ;^͘ϭϵϰͿ
ΎΎƵŶŝǀĞƌƐĂůĞŝŶƐĞƚnjďĂƌ͕ŽƉƟŵĂůĨƺƌDĂƐĐŚŝŶĞϲϰϳϬϬϵƵŶĚϲϰϳϬϭϬ;^͘ϮϮϮͿ
ƵŶŝǀĞƌƐĂůůLJĂƉƉůŝĐĂďůĞ͕ŝĚĞĂůĨŽƌƚŚĞŵĂĐŚŝŶĞƐϲϰϳϬϬϵĂŶĚϲϰϳϬϭϬ;^͘ϮϮϮͿ
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
^ĐŚůĞŝĩćŶĚĞƌ͕<ĞƌĂŵŝŬŬŽƌŶŽŚŶĞďď͘
ďƌĂƐŝǀĞďĞůƚƐ͕ĐĞƌĂŵŝĐǁŝƚŚŽƵƚĮŐ͘
'ƌƂƘĞͬ^ŝnjĞ
ŵŵ
<<ϴϬ
<<ϭϬϬ
<<ϭϮϬ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϭϯdžϲϭϬ
ϲϰϳϭϱϭͬϬϴ
ϲϰϳϭϱϭͬϭϬ
ϲϰϳϭϱϭͬϭϮϬ
ϭϬϬ^ƚŬ͘
ϱϬdžϯϱϬϬ
ϲϰϳϭϱϮͬϬϴ
ϲϰϳϭϱϮͬϭϬ
ϲϰϳϭϱϮͬϭϮϬ
ϮϬ^ƚŬ͘
ϭϬϬdžϰϬϬϬ
ϲϰϳϭϱϯͬϬϴ
ϲϰϳϭϱϯͬϭϬ
ϲϰϳϭϱϯͬϭϮϬ
ϭϬ^ƚŬ͘
ϱϰ
sWͬƉƵ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&EZͬZ^/s>d^
^ĐŚůĞŝĩćŶĚĞƌ͕ŝƌŬŽŶŬŽƌƵŶĚ
ďƌĂƐŝǀĞďĞůƚƐ͕njŝƌĐŽŶŝĂĂůƵŵŝŶĂ
'ƌƂƘĞͬƐŝnjĞ
ŵŵ
ϲϬ
ϴϬ
ϭϮϬ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϭϯdžϯϬϱ
ϲϰϳϮϬϭͬϬϲ
ϲϰϳϮϬϭͬϬϴ
ϲϰϳϮϬϭͬϭϮ
ϭϬϬ
ϯdžϲϭϬ
ϲϰϳϮϬϮͬϬϲ
ϲϰϳϮϬϮͬϬϴ
ϲϰϳϮϬϮͬϭϮ
ϭϬϬ
ϲdžϲϭϬ
ϲϰϳϮϬϯͬϬϲ
ϲϰϳϮϬϯͬϬϴ
ϲϰϳϮϬϯͬϭϮ
ϭϬϬ
ϭϯdžϲϭϬ
ϲϰϳϮϬϰͬϬϲ
ϲϰϳϮϬϰͬϬϴ
ϲϰϳϮϬϰͬϭϮ
ϭϬϬ
ϲdžϰϱϳ
ϲϰϳϮϬϱͬϬϲ
ϲϰϳϮϬϱͬϬϴ
ϲϰϳϮϬϱͬϭϮ
ϭϬϬ
ϭϯdžϰϱϳ
ϲϰϳϮϬϲͬϬϲ
ϲϰϳϮϬϲͬϬϴ
ϲϰϳϮϬϲͬϭϮ
ϭϬϬ
ϳϱdžϮϬϬϬ
ϲϰϳϮϬϳͬϬϲ
ϲϰϳϮϬϳͬϬϴ
ϲϰϳϮϬϳͬϭϮ
ϮϬ
ϭϱϬdžϮϬϬϬ
ϲϰϳϮϬϴͬϬϲ
ϲϰϳϮϬϴͬϬϴ
ϲϰϳϮϬϴͬϭϮ
ϮϬ
ϱϬdžϯϱϬϬ
ϲϰϳϮϬϵͬϬϲ
ϲϰϳϮϬϵͬϬϴ
ϲϰϳϮϬϵͬϭϮ
ϮϬ
^ĐŚůĞŝĩćŶĚĞƌ͕sůŝĞƐ
ďƌĂƐŝǀĞďĞůƚƐ͕ŶŽŶͲǁŽǀĞŶ
'ƌƂƘĞͬƐŝnjĞ
ŵŵ
'ƌŽď
ĐŽĂƌƐĞ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
^ĞŚƌĨĞŝŶ
ǀĞƌLJĮŶĞ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϲdžϯϬϱ
ϲϰϳϮϯϭͬ'
ϲϰϳϮϯϭͬD
ϲϰϳϮϯϭͬ^&
ϱϬ
ϭϯdžϰϱϳ
ϲϰϳϮϯϮͬ'
ϲϰϳϮϯϮͬD
ϲϰϳϮϯϮͬ^&
ϱϬ
ϭϵdžϱϮϬ
ϲϰϳϮϯϯͬ'
ϲϰϳϮϯϯͬD
ϲϰϳϮϯϯͬ^&
ϱϬ
ϯϬdžϱϯϯ
ϲϰϳϮϯϰͬ'
ϲϰϳϮϯϰͬD
ϲϰϳϮϯϰͬ^&
ϮϬ
ϭϯdžϲϭϬ
ϲϰϳϮϯϱͬ'
ϲϰϳϮϯϱͬD
ϲϰϳϮϯϱͬ^&
ϱϬ
ϰϬdžϲϭϴ
ϲϰϳϮϯϲͬ'
ϲϰϳϮϯϲͬD
ϲϰϳϮϯϲͬ^&
ϮϬ
ϮϬdžϴϭϱ
ϲϰϳϮϯϳͬ'
ϲϰϳϮϯϳͬD
ϲϰϳϮϯϳͬ^&
ϮϬ
ϲϯdžϵϱϬ
ϲϰϳϮϯϴͬ'
ϲϰϳϮϯϴͬD
ϲϰϳϮϯϴͬ^&
ϮϬ
^ĐŚůĞŝĩćŶĚĞƌ͕^ŝ͕ŽŚŶĞďď͘
ďƌĂƐŝǀĞďĞůƚƐ͕^ŝ͕ǁŝƚŚŽƵƚĮŐ͘
'ƌƂƘĞͬƐŝnjĞ
ŵŵ
<ϲϬ
<ϭϮϬ
<ϭϱϬ
Ϯϴdžϱϯϯ
ϲϰϳϮϱϭͬϬϲ
ϲϰϳϮϱϭͬϭϮ
ϲϰϳϮϱϭͬϭϱ
ϭϬϬdžϯϬϬϬ
ϲϰϳϮϱϮͬϬϲ
ϲϰϳϮϱϮͬϭϮ
ϲϰϳϮϱϮͬϭϱ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϲϬ
ϮϬ
^ĐŚůĞŝĩćŶĚĞƌ͕ŝĂŵĂŶƚŬŽƌŶ
ďƌĂƐŝǀĞďĞůƚƐ͕ĚŝĂŵŽŶĚ
'ƌƂƘĞͬƐŝnjĞ
ŵŵ
<ϲϬ
<ϭϮϬ
<ϮϬϬ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϮϬdžϱϮϬ
ϲϰϳϮϲϭͬϬϲ
ϲϰϳϮϲϭͬϭϮ
ϲϰϳϮϲϭͬϭϱ
ϯ
ϯϬdžϱϯϯ
ϲϰϳϮϲϮͬϬϲ
ϲϰϳϮϲϮͬϭϮ
ϲϰϳϮϲϮͬϭϱ
ϭ
ϱϬdžϮϬϬϬ
ϲϰϳϮϲϯͬϬϲ
ϲϰϳϮϲϯͬϭϮ
ϲϰϳϮϲϯͬϭϱ
ϭ
^ĐŚůĞŝĩćŶĚĞƌ͕dƌŝnjĂĐƚΡ͕ϮϯϳŽŚŶĞďď͘
ďƌĂƐŝǀĞďĞůƚƐ͕dƌŝnjĂĐƚΡ͕ϮϯϳǁŝƚŚŽƵƚĮŐ͘
'ƌƂƘĞͬƐŝnjĞ
ŵŵ
ϭϲϬ
;<ϭϴϬͿ
ϭϬϬ
;<ϮϴϬͿ
ϰϱ
;<ϰϬϬͿ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϭϵdžϱϮϬ
ϲϰϳϮϳϭͬϭϴ
ϲϰϳϮϳϭͬϮϴ
ϲϰϳϮϳϭͬϰϬ
ϯϬ
ϭϯdžϲϭϬ
ϲϰϳϮϳϮͬϭϴ
ϲϰϳϮϳϮͬϮϴ
ϲϰϳϮϳϮͬϰϬ
ϯϬ
ϳϱdžϮϬϬϬ
ϲϰϳϮϳϯͬϭϴ
ϲϰϳϮϳϯͬϮϴ
ϲϰϳϮϳϯͬϰϬ
ϰ
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϱϱ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&ZK>>EͬZdZ/'ZK>>^
^ĐŚůĞŝĨƌŽůůĞŶ͕EŽƌŵĂůŬŽƌƵŶĚ
ĂƌƚƌŝĚŐĞƌŽůůƐ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
DŝƚĚĞŶ^ĐŚůĞŝĨƌŽůůĞŶŬƂŶŶĞŶƐĞůďƐƚƐĐŚǁĞƌͲ
njƵŐćŶŐůŝĐŚĞ^ƚĞůůĞŶ͕ǁŝĞĐŬĞŶ͕ŽŚƌƵŶŐĞŶ
ƵŶĚZŽŚƌĞŐĞƐĐŚůŝīĞŶ͕ŐĞƌĞŝŶŝŐƚ͕ĞŶƚŐƌĂƚĞƚƵŶĚ
ŵĂƫĞƌƚǁĞƌĚĞŶ͘
ďŵĂƘĞ
ƐŝnjĞŵŵ
ŽƌŶͲT
ŵĂŶĚƌĞůͲÓ
/ĚĞĂůĨŽƌĮŶŝƐŚŝŶŐŽƉĞƌĂƟŽŶƐŽŶŝŶƐŝĚĞ
ĚŝĂŵĞƚĞƌƐĂŶĚĚĞĂĚͲĞŶĚŚŽůĞƐ͘
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
ϲϮϴϭϬϮͬϬϲ
ϲϮϴϭϬϮͬϬϴ
ϲϮϴϭϬϮͬϭϮ
ϲϮϴϭϬϮͬϭϴ
^ƚŬͬ͘ƉĐ
LJůŝŶĚƌŝƐĐŚͬLJůŝŶĚĞƌ
ϰ͕ϴdžϭϵ
Ϯ͕ϰ
Ϯϲ͘ϬϬϬ
ϰ͕ϴdžϮϱ
Ϯ͕ϰ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϬϯͬϬϲ
ϲϮϴϭϬϯͬϬϴ
ϲϮϴϭϬϯͬϭϮ
ϲϮϴϭϬϯͬϭϴ
ϲdžϭϵ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϬϰͬϬϲ
ϲϮϴϭϬϰͬϬϴ
ϲϮϴϭϬϰͬϭϮ
ϲϮϴϭϬϰͬϭϴ
ϲdžϮϱ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϬϱͬϬϲ
ϲϮϴϭϬϱͬϬϴ
ϲϮϴϭϬϱͬϭϮ
ϲϮϴϭϬϱͬϭϴ
ϲdžϯϴ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϬϲͬϬϲ
ϲϮϴϭϬϲͬϬϴ
ϲϮϴϭϬϲͬϭϮ
ϲϮϴϭϬϲͬϭϴ
ϴdžϯϴ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϬϴͬϬϲ
ϲϮϴϭϬϴͬϬϴ
ϲϮϴϭϬϴͬϭϮ
ϲϮϴϭϬϴͬϭϴ
ϭϬdžϮϱ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϬϵͬϬϲ
ϲϮϴϭϬϵͬϬϴ
ϲϮϴϭϬϵͬϭϮ
ϲϮϴϭϬϵͬϭϴ
ϭϬdžϯϴ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϭϬͬϬϲ
ϲϮϴϭϭϬͬϬϴ
ϲϮϴϭϭϬͬϭϮ
ϲϮϴϭϭϬͬϭϴ
ϭϬdžϱϬ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϭϭͬϬϲ
ϲϮϴϭϭϭͬϬϴ
ϲϮϴϭϭϭͬϭϮ
ϲϮϴϭϭϭͬϭϴ
ϭϯdžϮϱ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϭϮͬϬϲ
ϲϮϴϭϭϮͬϬϴ
ϲϮϴϭϭϮͬϭϮ
ϲϮϴϭϭϮͬϭϴ
ϭϯdžϯϴ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϭϯͬϬϲ
ϲϮϴϭϭϯͬϬϴ
ϲϮϴϭϭϯͬϭϮ
ϲϮϴϭϭϯͬϭϴ
ϭϯdžϱϬ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϭϰͬϬϲ
ϲϮϴϭϭϰͬϬϴ
ϲϮϴϭϭϰͬϭϮ
ϲϮϴϭϭϰͬϭϴ
ϭϵdžϮϱ
ϰ͕ϴ
ϭϴ͘ϬϬϬ
ϲϮϴϭϭϱͬϬϲ
ϲϮϴϭϭϱͬϬϴ
ϲϮϴϭϭϱͬϭϮ
ϲϮϴϭϭϱͬϭϴ
ϭϵdžϯϴ
ϰ͕ϴ
ϭϴ͘ϬϬϬ
ϲϮϴϭϭϲͬϬϲ
ϲϮϴϭϭϲͬϬϴ
ϲϮϴϭϭϲͬϭϮ
ϲϮϴϭϭϲͬϭϴ
Ϯϱdžϯϴ
ϲ͕ϰ
ϭϴ͘ϬϬϬ
ϲϮϴϭϭϴͬϬϲ
ϲϮϴϭϭϴͬϬϴ
ϲϮϴϭϭϴͬϭϮ
ϲϮϴϭϭϴͬϭϴ
<ŽŶŝƐĐŚͬŽŶĞƐŚĂƉĞ
ϭϬdžϮϱ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϱϭͬϬϲ
ϲϮϴϭϱϭͬϬϴ
ϲϮϴϭϱϭͬϭϮ
ϲϮϴϭϱϭͬϭϴ
ϭϬdžϯϴ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϱϮͬϬϲ
ϲϮϴϭϱϮͬϬϴ
ϲϮϴϭϱϮͬϭϮ
ϲϮϴϭϱϮͬϭϴ
ϭϯdžϮϱ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϱϯͬϬϲ
ϲϮϴϭϱϯͬϬϴ
ϲϮϴϭϱϯͬϭϮ
ϲϮϴϭϱϯͬϭϴ
ϭϯdžϯϴ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϭϱϰͬϬϲ
ϲϮϴϭϱϰͬϬϴ
ϲϮϴϭϱϰͬϭϮ
ϲϮϴϭϱϰͬϭϴ
ϭϵdžϮϱ
ϯ͕Ϯ
ϭϴ͘ϬϬϬ
ϲϮϴϭϱϱͬϬϲ
ϲϮϴϭϱϱͬϬϴ
ϲϮϴϭϱϱͬϭϮ
ϲϮϴϭϱϱͬϭϴ
ϭϵdžϯϴ
ϯ͕Ϭ
ϭϴ͘ϬϬϬ
ϲϮϴϭϱϲͬϬϲ
ϲϮϴϭϱϲͬϬϴ
ϲϮϴϭϱϲͬϭϮ
ϲϮϴϭϱϲͬϭϴ
Ϯϱdžϯϴ
ϰ͕ϴ
ϭϱ͘ϬϬϬ
ϲϮϴϭϱϳͬϬϲ
ϲϮϴϭϱϳͬϬϴ
ϲϮϴϭϱϳͬϭϮ
ϲϮϴϭϱϳͬϭϴ
ΎsWϭϬϬ^ƚŬͬ͘ƉƵϭϬϬƉĐƐ͘
ǁĞŝƚĞƌĞ<ƂƌŶƵŶŐĞŶͬďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌŐƌŝƚƐͬĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
^ĐŚůĞŝĨƌŽůůĞŶ͕<ĞƌĂŵŝŬŬŽƌŶ͕njLJůŝŶĚƌŝƐĐŚŽŚŶĞďď͘
ĂƚƌŝĚŐĞƌŽůůƐ͕ĐĞƌĂŵŝĐ͕ĐLJůŝŶĚĞƌǁŝƚŚŽƵƚĮŐ͘
&ƺƌĂŐŐƌĞƐƐŝǀĞƐ^ĐŚůĞŝĨĞŶŵŝƚŚƂĐŚƐƚĞƌďƚƌĂŐƐůĞŝƐƚƵŶŐĂƵĨ
ŚĂƌƚĞŶ͕ƐĐŚůĞĐŚƚǁćƌŵĞůĞŝƚĞŶĚĞŶtĞƌŬƐƚŽīĞŶŐĞĞŝŐŶĞƚ͘
^ĐŚůĞŝĨĂŬƟǀĞƵƐćƚnjĞŝŵĞůĂŐďƌŝŶŐĞŶĞŝŶĞĚĞƵƚůŝĐŚ
ŵĞƐƐďĂƌĞďƚƌĂŐƐǀĞƌďĞƐƐĞƌƵŶŐ͕ǀĞƌŚŝŶĚĞƌŶĚĂƐƵƐĞƚnjĞŶ
ƵŶĚďĞǁŝƌŬĞŶĞŝŶĞŶŬƺŚůĞƌĞŶ^ĐŚůŝī͘
ďŵĂƘĞ
ƐŝnjĞŵŵ
ŽƌŶͲT
ŵĂŶĚƌĞůͲÓ
ϲdžϮϱ
ϯ͕Ϯ
<ϲϬ
<ϴϬ
<ϭϮϬ
ϮϬ͘ϬϬϬ
ϲϮϴϮϬϭͬϬϲ
ϲϮϴϮϬϭͬϬϴ
ϲϮϴϮϬϭͬϭϮ
ϲdžϯϱ
ϯ͕Ϯ
ϮϬ͘ϬϬϬ
ϲϮϴϮϬϮͬϬϲ
ϲϮϴϮϬϮͬϬϴ
ϲϮϴϮϬϮͬϭϮ
ϭϬdžϮϱ
ϯ͕Ϯ
ϭϱ͘ϬϬϬ
ϲϮϴϮϬϯͬϬϲ
ϲϮϴϮϬϯͬϬϴ
ϲϮϴϮϬϯͬϭϮ
ϭϬdžϯϱ
ϯ͕Ϯ
ϭϱ͘ϬϬϬ
ϲϮϴϮϬϰͬϬϲ
ϲϮϴϮϬϰͬϬϴ
ϲϮϴϮϬϰͬϭϮ
ϭϯdžϮϱ
ϯ͕Ϯ
ϭϮ͘ϬϬϬ
ϲϮϴϮϬϱͬϬϲ
ϲϮϴϮϬϱͬϬϴ
ϲϮϴϮϬϱͬϭϮ
ϭϯdžϯϱ
ϯ͕Ϯ
ϭϮ͘ϬϬϬ
ϲϮϴϮϬϲͬϬϲ
ϲϮϴϮϬϲͬϬϴ
ϲϮϴϮϬϲͬϭϮ
ΎsWϱϬ^ƚŬͬ͘ƉƵϱϬƉĐƐ͘
ϱϲ
&ŽƌŚŝŐŚůLJͲĂďƌĂƐŝǀĞŐƌŝŶĚŝŶŐǁŝƚŚŵĂdžŝŵƵŵƐƚŽĐŬƌĞŵŽǀĂů
ŽŶŚĂƌĚŵĂƚĞƌŝĂůƐǁŚŝĐŚĚŽŶŽƚĐŽŶĚƵĐƚŚĞĂƚǁĞůů͘
'ƌŝŶĚŝŶŐĂĚĚŝƟǀĞƐĂƌĞƌĞƐƉŽŶƐŝďůĞĨŽƌƚŚĞŐŽŽĚƌĞŵŽǀĂů
ĂŶĚƉƌĞǀĞŶƚĂŶLJĐůŽŐŐŝŶŐ͘
^ƚŬͬ͘ƉĐ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&ZK>>EͬdZ/'ZK>>^
^ĐŚůĞŝĨƌŽůůĞŶ͕dƌŝnjĂĐƚΡ
ĂƌƚƌŝĚŐĞƌŽůůƐ͕dƌŝnjĂĐƚΡ
dƌŝnjĂĐƚΡ^ĐŚůĞŝĨƌŽůůĞŶǁĞƌĚĞŶĚĂŶŶĞŝŶŐĞƐĞƚnjƚ͕ǁĞŶŶĨĞŝŶĞƌĞ
<ƂƌŶƵŶŐĞŶĂůƐ<ϯϮϬďĞŶƂƟŐƚǁĞƌĚĞŶ͘
ĂƌƚƌŝĚŐĞƌŽůůƐǁŝƚŚdƌŝnjĂĐƚΡĂƌĞƵƐĞĚǁŚĞŶĮŶĞƌŐƌŝƚƐ͕ƚŚĂŶ<ϯϮϬ
ĂƌĞŶĞĞĚĞĚ͘
ďŵĂƘĞ
ƐŝnjĞŵŵ
ŽƌŶͲT
ŵĂŶĚƌĞůͲT
ϯϬ
;<ϲϬϬͿ
ϴdžϮϱ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϮϯϭ
ϭϯdžϮϱ
ϯ͕Ϯ
Ϯϲ͘ϬϬϬ
ϲϮϴϮϯϮ
^ƚŬͬ͘ƉĐ
ΎsWϭϬ^ƚƺĐŬͬƉƵϭϬƉĐƐ͘
^ĐŚůĞŝĨƌŽůůĞŶ͕&ŝůnj
ĂƌƚƌŝĚŐĞƌŽůůƐ͕ĨĞůƚ
ŝĞŵĞŚƌĨĂĐŚŐĞǁŝĐŬĞůƚĞ&ŝůnjůĂŐĞĞƌůĂƵďƚĞƐ͕ĚƵƌĐŚĞŝŶĨĂĐŚĞƐ
ŶƞĞƌŶĞŶĚĞƌŽďĞƌƐƚĞŶ^ĐŚŝĐŚƚ͕ŝŵŵĞƌǁŝĞĚĞƌŶĞƵĞŶƵŶͲ
ǀĞƌƐĐŚŵƵƚnjƚĞŶ&ŝůnjĨƌĞŝnjƵůĞŐĞŶ͘ŝĞƐĞƌŵƂŐůŝĐŚƚĞŝŶĞŝŵŵĞƌ
ŐůĞŝĐŚďůĞŝďĞŶĚĞWŽůŝĞƌůĞŝƐƚƵŶŐƺďĞƌĚŝĞŐĞƐĂŵƚĞ>ĞďĞŶƐĚĂƵĞƌ
ĚĞƐWƌŽĚƵŬƚĞƐ͘
ďŵĂƘĞ
ƐŝnjĞŵŵ
ŽƌŶͲT
ŵĂŶĚƌĞůͲT
Eƌͬ͘EŽ͘
ĞĐĂƵƐĞŽĨƚŚĞŵƵůƟƉůLJůĂLJĞƌŽĨĨĞůƚĂŶĚƐŝŵƉůLJƌĞŵŽǀŝŶŐŽĨ
ƚŚĞƚŽƉůĂLJĞƌ͕ŝƚŝƐƉŽƐƐŝďůĞƚŽŐĞƚƵŶƉŽůůƵƚĞĚĨĞůƚ͘dŚŝƐĂůůŽǁƐ
ĂĐŽŶƐƚĂŶƚƉĞƌĨŽƌŵĂŶĐĞƚŚƌŽƵŐŽƵƚƚŚĞůŝĨĞŽĨƚŚĞƉƌŽĚƵĐƚ͘
^ƚŬͬ͘ƉĐ
LJůŝŶĚƌŝƐĐŚͬLJůŝŶĚĞƌ
ϴdžϮϱ
ϯ͕Ϯ
ϭϬ͘ϬϬϬ
ϲϮϴϮϱϭ
ϭϯdžϮϱ
ϯ͕Ϯ
ϴ͘ϬϬϬ
ϲϮϴϮϱϮ
ϭϯdžϯϴ
ϯ͕Ϯ
ϴ͘ϬϬϬ
ϲϮϴϮϱϯ
ϴ͘ϬϬϬ
ϲϮϴϮϱϰ
<ŽŶŝƐĐŚͬŽŶĞƐŚĂƉĞ
ϭϯdžϮϱ
ϯ͕Ϯ
ΎsWϭϬϬ^ƚƺĐŬͬƉƵϭϬϬƉĐƐ͘
ŝĂŵĂŶƚƉĂƐƚĞ^͘ϭϳϵ
ĚŝĂŵŽŶĚĐŽŵƉŽƵŶĚƉ͘ϭϳϵ
'ĞǁŝŶĚĞĚŽƌŶĞĨƺƌ^ĐŚůĞŝĨƌŽůůĞŶ
DĂŶĚƌĞůĨŽƌĐĂƌƚƌŝĚŐĞƌŽůůƐ
ŵƉĨŽŚůĞŶĞ^ĐŚĂŌůćŶŐĞŶ͗
ZĞĐŽŵŵĞŶĚĞĚƐŚĂŌůĞŶŐƚŚ͗
ůϭ
^ĐŚůĞŝĨƌŽůůĞŶůćŶŐĞ
ĐĂƌƚƌŝĚŐĞƌŽůůƐůĞŶŐƚŚ
ŵŝŶ͘ůϭ
^ĐŚůĞŝĨƌŽůůĞŶůćŶŐĞ
ĐĂƌƚƌŝĚŐĞƌŽůůƐůĞŶŐƚŚ
ŵŝŶ͘ůϭ
ϭϵŵŵ
ϭϯŵŵ
ϯϴŵŵ
Ϯϱŵŵ
Ϯϱŵŵ
ϭϵŵŵ
ϱϬŵŵ
ϯϴŵŵ
^ƚŬͬ͘ƉĐ
ĚϮ
Ěϭ
ůϮ
Ěϭdžůϭ
ĚϮdžůϮ
Eƌͬ͘EŽ͘
Ěϭdžůϭ
ĚϮdžůϮ
Eƌͬ͘EŽ͘
Ϯ͕ϰdžϭϯ
ϯdžϮϱ
ϲϮϴϯϳϬϮ
ϯ͕Ϯdžϭϵ
ϲdžϯϭ͕ϳϱ
ϲϮϴϲϳϬϮ
Ϯ͕ϰdžϭϵ
ϯdžϮϱ
ϲϮϴϯϳϬϯ
ϯ͕ϮdžϮϱ
ϲdžϯϭ͕ϳϱ
ϲϮϴϲϳϬϯ
Ϯ͕ϰdžϭϵ
ϲdžϮϱ
ϲϮϴϯϳϬϱ
ϯ͕Ϯdžϯϴ
ϲdžϯϭ͕ϳϱ
ϲϮϴϲϳϬϰ
ϯ͕Ϯdžϭϯ
ϯdžϮϱ
ϲϮϴϯϳϬϲ
ϰ͕ϴdžϭϵ
ϲdžϯϭ͕ϳϱ
ϲϮϴϲϳϬϲ
ϯ͕Ϯdžϭϵ
ϯdžϮϱ
ϲϮϴϯϳϬϳ
ϰ͕ϴdžϮϱ
ϲdžϯϭ͕ϳϱ
ϲϮϴϲϳϬϳ
ϯ͕ϮdžϮϱ
ϯdžϮϱ
ϲϮϴϯϳϬϴ
ϲ͕ϰdžϮϱ
ϲdžϯϭ͕ϳϱ
ϲϮϴϲϳϭϬ
^ƚŬͬ͘ƉĐ
^ĐŚůĞŝĨƌŽůůĞŶ^Ğƚ
ĂƌƚƌŝĚŐĞƌŽůůƐŬŝƚ
ĂƐ^ĞƚďĞŝŶŚĂůƚĞƚϭϮϯ^ĐŚůĞŝĨƌŽůůĞŶŝŶĚĞŶďŵĞƐƐƵŶͲ
ŐĞŶϭϬdžϯϴ͕ϭϯdžϯϴ͕ϲdžϯϴ͕ϲdžϮϱƵŶĚϭϬdžϮϱŵŵŝŶ
ĚĞŶ<ƂƌŶƵŶŐĞŶϴϬƵŶĚϭϮϬƐŽǁŝĞϮ'ĞǁŝŶĚĞĚŽƌŶĞ͘
Eƌͬ͘EŽ͘
dŚĞƐĞƚĐŽŶƚĂŝŶƐϭϮϯĐĂƌƚƌŝĚŐĞƌŽůůƐŝŶϭϬdžϯϴ͕
ϭϯdžϯϴ͕ϲdžϯϴ͕ϲdžϮϱĂŶĚϭϬdžϮϱŵŵǁŝƚŚĂ
ŐƌŝƚŽĨϴϬĂŶĚϭϮϬ͕ŝƚĂůƐŽĐŽŶƚĂŝŶƐϮŵĂŶĚƌĞůƐ͘
^ƚŬͬ͘ƉĐ
ϲϮϴ^Z^Ϭϭ
ůůĞDĂƘĂŶŐĂďĞŶŝŶŵŵͬ͘ůůĚŝŵĞŶƐŝŽŶƐŝŶŵŵ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϱϳ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&<WWEͬZ^/sW^
^ĐŚůĞŝŅĂƉƉĞŶ
ďƌĂƐŝǀĞĐĂƉƐ
tĞŐĞŶŝŚƌĞƌŶĂŚƚůŽƐĞŶsĞƌĂƌďĞŝƚƵŶŐŬƂŶŶĞŶ^ĐŚůĞŝĨͲ
ŬĂƉƉĞŶŵŝƚĚĞƌŐĞƐĂŵƚĞŶ&ůćĐŚĞďĞŝŵ^ĐŚůĞŝĨĞŶŐĞŶƵƚnjƚ
ǁĞƌĚĞŶ͘^ŝĞǁĞƌĚĞŶĂƵĨĞůĂƐƟƐĐŚĞƵŶĚƉĂƐƐŐĞŶĂƵĞ'ƵŵͲ
ŵŝƚƌćŐĞƌĂƵĨŐĞƐƚĞĐŬƚƵŶĚďĞƐŽŶĚĞƌƐĨƺƌĚĂƐ&ĞŝŶƐĐŚůĞŝĨĞŶ
ǀŽŶDĞƚĂůůĞŶƵŶĚ^ƚćŚůĞŶǀĞƌǁĞŶĚĞƚ͘
ĞĐĂƵƐĞŽĨƚŚĞƐĞĂŵůĞƐƐƉƌŽĐĞƐƐŝŶŐĂďƌĂƐŝǀĞĐĂƉƐĐĂŶďĞ
ƵƐĞĚǁŝƚŚƚŚĞŝƌĐŽŵƉůĞƚĞƐƵƌĨĂĐĞ͘dŚĞĂďƌĂƐŝǀĞĐĂƉƐĂƌĞ
ƵƐĞĚǁŝƚŚĂŵĂŶĚƌĞůŵĂĚĞŽĨƌƵďďĞƌĂŶĚĂƌĞĞdžĐĞůůĞŶƚĨŽƌ
ĮŶĞŐƌŝŶĚŝŶŐŽĨŵĞƚĂůĂŶĚƐƚĞĞů͘
tĂůnjĞŶƌƵŶĚ
ZĂĚŝƵƐŶĚ
T
ŵŵ
<ŽƌŶϲϬ
<ϭϱϬ
<ϮϴϬ
WĂĐŬ
ƉĂĐŬΎ
tĂůnjĞŶƌƵŶĚͬLJůŝŶĚĞƌͲZĂĚŝƵƐŶĚ
LJůŝŶĚĞƌ
LJůŝŶĚĞƌ
^ĐŚĂŌ
ƐŚĂŶŬ
Eƌͬ͘EŽ͘
ϰϬ͘ϬϬϬ
ϲϮϴϰϬϭͬϬϴϭ
ϲϮϴϰϬϭͬϭϱ
ϲϮϴϰϬϭͬϮϴ
ϯ
ϲϮϴϰϭϬϭ
ϳdžϭϯ
ϯϬ͘ϬϬϬ
ϲϮϴϰϬϮͬϬϲ
ϲϮϴϰϬϮͬϭϱ
ϲϮϴϰϬϮͬϮϴ
ϯ
ϲϮϴϰϭϬϮ
ϭϬdžϭϱ
ϮϬ͘ϬϬϬ
ϲϮϴϰϬϯͬϬϲ
ϲϮϴϰϬϯͬϭϱ
ϲϮϴϰϬϯͬϮϴ
ϯ
ϲϮϴϰϭϬϯ
ϭϯdžϭϳ
ϭϲ͘ϬϬϬ
ϲϮϴϰϬϰͬϬϲ
ϲϮϴϰϬϰͬϭϱ
ϲϮϴϰϬϰͬϮϴ
ϲ
ϲϮϴϰϭϬϰ
ϭϲdžϮϲ
ϭϮ͘ϬϬϬ
ϲϮϴϰϬϱͬϬϲ
ϲϮϴϰϬϱͬϭϱ
ϲϮϴϰϬϱͬϮϴ
ϲ
ϲϮϴϰϭϬϱ
ϱdžϭϱ
ϰϬ͘ϬϬϬ
ϲϮϴϰϬϲͬϬϲ
ϲϮϴϰϬϲͬϭϱ
ϲϮϴϰϬϲͬϮϴ
ϲ
ϲϮϴϰϭϬϲ
ϭϭdžϮϱ
ϮϬ͘ϬϬϬ
ϲϮϴϰϬϳͬϬϲ
ϲϮϴϰϬϳͬϭϱ
ϲϮϴϰϬϳͬϮϴ
ϲ
ϲϮϴϰϭϬϳ
ϭϲdžϯϮ
ϭϮ͘ϬϬϬ
ϲϮϴϰϬϴͬϬϲ
ϲϮϴϰϬϴͬϭϱ
ϲϮϴϰϬϴͬϮϴ
ϲ
ϲϮϴϰϭϬϴ
ϮϭdžϰϬ
ϵ͘ϱϬϬ
ϲϮϴϰϬϵͬϬϲ
ϲϮϴϰϬϵͬϭϱ
ϲϮϴϰϬϵͬϮϴ
ϲ
ϲϮϴϰϭϬϵ
ϰϬ͘ϬϬϬ
ϲϮϴϰϮϭͬϬϲ
ϲϮϴϰϮϭͬϭϱ
ϲϮϴϰϮϭͬϮϴ
ϯ
ϲϮϴϰϭϬϭ
ϳdžϭϮ
ϯϬ͘ϬϬϬ
ϲϮϴϰϮϮͬϬϲ
ϲϮϴϰϮϮͬϭϱ
ϲϮϴϰϮϮͬϮϴ
ϯ
ϲϮϴϰϭϬϮ
ϭϬdžϭϱ
ϮϬ͘ϬϬϬ
ϲϮϴϰϮϯͬϬϲ
ϲϮϴϰϮϯͬϭϱ
ϲϮϴϰϮϯͬϮϴ
ϯ
ϲϮϴϰϭϬϯ
ϭϯdžϭϳ
ϭϲ͘ϬϬϬ
ϲϮϴϰϮϰͬϬϲ
ϲϮϴϰϮϰͬϭϱ
ϲϮϴϰϮϰͬϮϴ
ϲ
ϲϮϴϰϭϬϰ
ϭϲdžϮϲ
ϭϮ͘ϬϬϬ
ϲϮϴϰϮϱͬϬϲ
ϲϮϴϰϮϱͬϭϱ
ϲϮϴϰϮϱͬϮϴ
ϲ
ϲϮϴϰϭϬϱ
tĂůnjĞŶŬĞŐĞůͬLJůŝŶĚĞƌͲŽŶĞŶĚ
ϰϬ͘ϬϬϬ
ϲϮϴϰϰϭͬϬϲ
ϲϮϴϰϰϭͬϭϱ
ϲϮϴϰϰϭͬϮϴ
ϯ
ϲϮϴϰϭϬϭ'
ϳdžϭϯ
ϯϬ͘ϬϬϬ
ϲϮϴϰϰϮͬϬϲ
ϲϮϴϰϰϮͬϭϱ
ϲϮϴϰϰϮͬϮϴ
ϯ
ϲϮϴϰϭϬϮ'
ϭϬdžϭϱ
ϮϬ͘ϬϬϬ
ϲϮϴϰϰϯͬϬϲ
ϲϮϴϰϰϯͬϭϱ
ϲϮϴϰϰϯͬϮϴ
ϯ
ϲϮϴϰϭϬϯ'
ϭϯdžϭϳ
ϭϲ͘ϬϬϬ
ϲϮϴϰϰϰͬϬϲ
ϲϮϴϰϰϰͬϭϱ
ϲϮϴϰϰϰͬϮϴ
ϲ
ϲϮϴϰϭϬϰ'
ϭϲdžϮϲ
ϭϮ͘ϬϬϬ
ϲϮϴϰϰϱͬϬϲ
ϲϮϴϰϰϱͬϭϱ
ϲϮϴϰϰϱͬϮϴ
ϲ
ϲϮϴϰϭϬϱ'
ΎWĂĐŬϱϬ^ƚŬͬ͘ƉĂĐŬϱϬƉĐƐ͘
ϭ
<ŽƌŶϴϬͬŐƌŝƚϴϬ
ΎΎsWϱ^ƚŬͬ͘ƉƵϱƉĐƐ͘
^ĐŚůĞŝŬĂƉƉĞŶ^Ğƚ
ďƌĂƐŝǀĞĐĂƉŬŝƚ
ĂƐ^ĞƚďĞŝŶŚĂůƚĞƚϭϬϱ^ĐŚůĞŝŅĂƉƉĞŶĚĞƌĞŶƚƐƉƌĞĐŚĞŶͲ
ĚĞŶ&ŽƌŵŝŶϱďŵĞƐƐƵŶŐĞŶ;ŬƵƌnjͿƵŶĚĂůůĞŶ
ϯ<ƂƌŶƵŶŐĞŶƐŽǁŝĞϱĞŶƚƐƉƌĞĐŚĞŶĚĞ^ĐŚůĞŝŅĂƉƉĞŶͲ
ƚƌćŐĞƌ͘
LJůŝŶĚĞƌ
LJůŝŶĚĞƌ
ϲϮϴW^ϬϮ
tĂůnjĞŶƌƵŶĚ
ZĂĚŝƵƐŶĚ
ϲϮϴW^Ϭϯ
tĂůnjĞŶŬĞŐĞů
ŽŶĞŶĚ
ϲϮϴW^Ϭϰ
^ĐŚůĞŝŅĂƉƉĞŶƚƌćŐĞƌͬDĂŶĚƌĞů
ϱdžϭϭ
Eƌͬ͘EŽ͘
^ĐŚůĞŝŅĂƉƉĞŶƚƌćŐĞƌͬDĂŶĚƌĞů
ϱdžϭϬ
&Žƌŵ
ƐŚĂƉĞ
^ƚŬͬ͘ƉĐΎΎ
^ĐŚůĞŝŅĂƉƉĞŶƚƌćŐĞƌͬDĂŶĚƌĞů
ϱdžϭϭ
LJůŝŶĚĞƌͬLJůŝŶĚĞƌ
dŚĞŬŝƚĐŽŶƚĂŝŶƐϭϬϱĐĂƉƐŽĨƚŚĞŽƌĚĞƌĚƐŚĂƉĞ
ŝŶϱƐŝnjĞƐ;ƐŚŽƌƚͿŽĨĂůůϯŐƌŝƚƐ͕ŝƚĂůƐŽĐŽŶƚĂŝŶƐ
ϱŵĂŶĚƌĞůƐ͘
^ƚŬͬ͘ƉĐ
ϱϴ
tĂůnjĞŶŬĞŐĞů
ŽŶĞŶĚ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
&ćĐŚĞƌƐĐŚůĞŝĨĞƌ
&ůĂƉǁŚĞĞůƐ
T
ŵŵ
,ƂŚĞŵŵ
ŚĞŝŐŚƚŵŵ
^ĐŚĂŌŵŵ
ƐŚĂŶŬŵŵ
<ŽƌŶ
Őƌŝƚ
^ĐŚůĞŝĨŵŝƩĞů
ĂďƌĂƐŝǀĞ
ϭϬ
ϭϬͬϭϱͬϮϬ
ϯͬϲ
ϯϱ͘ϬϬϬ
ϰϬ͘ϬϬϬ
ϭϱ
ϱͬϭϬͬϭϱͬϮϬͬϮϱͬϯϬ
ϯͬϲ
ϯϱ͘ϬϬϬ
ϰϬ͘ϬϬϬ
ϮϬ
ϯͬϱͬϭϬͬϭϱͬϮϬͬϮϱͬϯϬ
ϯͬϲ
Ϯϴ͘ϬϬϬ
ϯϲ͘ϬϬϬ
ϮϮ
ϯͬϱͬϭϬͬϭϱͬϮϬ
ϯͬϲ
Ϯϯ͘ϱϬϬ
ϯϮ͘ϬϬϬ
Ϯϱ
ϯͬϱͬϭϬͬϭϱͬϮϬͬϮϱͬϯϬ
ϯͬϲ
ϮϬ͘ϱϬϬ
Ϯϵ͘ϬϬϬ
ϯϬ
ϯͬϱͬϭϬͬϭϱͬϮϬͬϮϱͬϯϬͬϱϬ
ϯͬϲ
ϭϳ͘ϬϬϬ
Ϯϱ͘ϱϬϬ
ϰϬ
ϯͬϱͬϭϬͬϭϱͬϮϬͬϮϱͬϯϬͬϰϬ
ϲ
ϭϮ͘ϱϬϬ
ϭϴ͘ϱϬϬ
ϱϬ
ϯͬϱͬϭϬͬϭϱͬϮϬͬϮϱͬϯϬͬϰϬͬϱϬ
ϲ
ϭϬ͘ϱϬϬ
ϭϱ͘ϬϬϬ
ϲϬ
ϯͬϱͬϭϬͬϭϱͬϮϬͬϮϱͬϯϬͬϰϬͬϱϬ
ϲ
ϴ͘ϱϬϬ
ϭϮ͘ϱϬϬ
ϴϬ
ϯͬϱͬϭϬͬϭϱͬϮϬͬϯϬͬϰϬͬϱϬ
ϲ
ϲ͘ϰϬϬ
ϴ͘ϱϬϬ
ϭϬϬ
ϯͬϱͬϭϬͬϭϱͬϮϬͬϯϬͬϰϬͬϱϬ
ϲͬϴ
ϱ͘ϱϬϬ
ϳ͘ϬϬϬ
ϭϮϬ
ϮϬͬϯϬͬϱϬ
ϲͬϴ
ϯ͘ϱϬϬ
ϱ͘ϬϬϬ
EŽƌŵĂůŬŽƌƵŶĚͬ
ŝƌŬŽŶŬŽƌƵŶĚΎΎ
ĂůƵŵŝŶŝƵŵŽdžŝĚĞͬ
njŝƌĐŽŶŝƵŵ
ϰϬΎͬϱϬͬϲϬͬ
ϴϬͬϭϮϬͬϭϱϬͬ
ϭϴϬͬϮϰϬͬϯϮϬ
ͬϰϬϬΎ
ΎŶƵƌ^ŽŶĚĞƌĂŶĨĞƌƟͲ
ŐƵŶŐĞŶͬŽŶůLJĐƵƐƚŽŵͲ
ŵĂĚĞƉƌŽĚƵĐƚƐ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&,Z^,>/&Zͬ&>Wt,>^
ΎΎĞƌƐƚĂďTϮϮŵŵƵŶĚŶƵƌ
ďŝƐ<ϭϮϬĞƌŚćůƚůŝĐŚͬĂǀĂŝůĂďůĞ
ĨƌŽŵTϮϮŵŵĂŶĚƵƉƚŽ
ŐƌŝƚϭϮϬ
&ćĐŚĞƌƐĐŚůĞŝĨĞƌ͕EŽƌŵĂůŬŽƌƵŶĚ
&ůĂƉǁŚĞĞůƐ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
<ϮϰϬ
<ϯϮϬ
ϭϬdžϭϬ
ϯ
ϲϮϬϱϳϭϬͬϬϲ
ϲϮϬϱϳϭϬͬϬϴ
ϲϮϬϱϳϭϬͬϭϮ
ϲϮϬϱϳϭϬͬϭϴ
ϲϮϬϱϳϭϱͬϮϰ
ϲϮϬϱϳϭϬͬϯϮ
ϭϬdžϭϱ
ϯ
ϲϮϬϱϳϭϭͬϬϲ
ϲϮϬϱϳϭϭͬϬϴ
ϲϮϬϱϳϭϭͬϭϮ
ϲϮϬϱϳϭϭͬϭϴ
ϲϮϬϱϳϭϲͬϮϰ
ϲϮϬϱϳϭϭͬϯϮ
ϭϱdžϭϬ
ϯ
ϲϮϬϱϳϭϱͬϬϲ
ϲϮϬϱϳϭϱͬϬϴ
ϲϮϬϱϳϭϱͬϭϮ
ϲϮϬϱϳϭϱͬϭϴ
ϲϮϬϱϳϭϱͬϮϰ
ϲϮϬϱϳϭϱͬϯϮ
ϭϱdžϭϱ
ϯ
ϲϮϬϱϳϭϳͬϬϲ
ϲϮϬϱϳϭϳͬϬϴ
ϲϮϬϱϳϭϳͬϭϮ
ϲϮϬϱϳϭϳͬϭϴ
ϲϮϬϱϳϭϳͬϮϰ
ϲϮϬϱϳϭϳͬϯϮ
ϭϱdžϮϬ
ϯ
ϲϮϬϱϳϭϴͬϬϲ
ϲϮϬϱϳϭϴͬϬϴ
ϲϮϬϱϳϭϴͬϭϮ
ϲϮϬϱϳϭϴͬϭϴ
ϲϮϬϱϳϭϴͬϮϰ
ϲϮϬϱϳϭϴͬϯϮ
ϮϬdžϯ
ϯ
ϲϮϬϱϳϮϭͬϬϲ
ϲϮϬϱϳϮϭͬϬϴ
ϲϮϬϱϳϮϭͬϭϮ
ϲϮϬϱϳϮϭͬϭϴ
ϲϮϬϱϳϮϭͬϮϰ
ϲϮϬϱϳϮϭͬϯϮ
ϮϬdžϱ
ϯ
ϲϮϬϱϳϮϮͬϬϲ
ϲϮϬϱϳϮϮͬϬϴ
ϲϮϬϱϳϮϮͬϭϮ
ϲϮϬϱϳϮϮͬϭϴ
ϲϮϬϱϳϮϮͬϮϰ
ϲϮϬϱϳϮϮͬϯϮ
ϮϬdžϭϬ
ϯ
ϲϮϬϱϳϮϬͬϬϲ
ϲϮϬϱϳϮϬͬϬϴ
ϲϮϬϱϳϮϬͬϭϮ
ϲϮϬϱϳϮϬͬϭϴ
ϲϮϬϱϳϮϬͬϮϰ
ϲϮϬϱϳϮϬͬϯϮ
ϮϬdžϭϱ
ϯ
ϲϮϬϱϳϮϰͬϬϲ
ϲϮϬϱϳϮϰͬϬϴ
ϲϮϬϱϳϮϰͬϭϮ
ϲϮϬϱϳϮϰͬϭϴ
ϲϮϬϱϳϮϰͬϮϰ
ϲϮϬϱϳϮϰͬϯϮ
ϮϬdžϮϬ
ϯ
ϲϮϬϱϳϮϲͬϬϲ
ϲϮϬϱϳϮϲͬϬϴ
ϲϮϬϱϳϮϲͬϭϮ
ϲϮϬϱϳϮϲͬϭϴ
ϲϮϬϱϳϮϲͬϮϰ
ϲϮϬϱϳϮϲͬϯϮ
Ϯϱdžϯ
ϯ
ϲϮϬϱϳϬϮϱͬϬϲ
ϲϮϬϱϳϬϮϱͬϬϴ
ϲϮϬϱϳϬϮϱͬϭϮ
ϲϮϬϱϳϬϮϱͬϭϴ
ϲϮϬϱϳϬϮϱͬϮϰ
ϲϮϬϱϳϬϮϱͬϯϮ
Ϯϱdžϱ
ϯ
ϲϮϬϱϳϬϮϲͬϬϲ
ϲϮϬϱϳϬϮϲͬϬϴ
ϲϮϬϱϳϬϮϲͬϭϮ
ϲϮϬϱϳϬϮϲͬϭϴ
ϲϮϬϱϳϬϮϲͬϮϰ
ϲϮϬϱϳϬϮϲͬϯϮ
ϮϱdžϭϬ
ϯ
ϲϮϬϱϳϬϮϳͬϬϲ
ϲϮϬϱϳϬϮϳͬϬϴ
ϲϮϬϱϳϬϮϳͬϭϮ
ϲϮϬϱϳϬϮϳͬϭϴ
ϲϮϬϱϳϬϮϳͬϮϰ
ϲϮϬϱϳϬϮϳͬϯϮ
^ƚŬͬ͘ƉĐΎ
ϯϬdžϱ
ϯ
ϲϮϬϱϳϯϭͬϬϲ
ϲϮϬϱϳϯϭͬϬϴ
ϲϮϬϱϳϯϭͬϭϮ
ϲϮϬϱϳϯϭͬϭϴ
ϲϮϬϱϳϯϭͬϮϰ
ϲϮϬϱϳϯϭͬϯϮ
ϯϬdžϭϬ
ϯ
ϲϮϬϱϳϯϬͬϬϲ
ϲϮϬϱϳϯϬͬϬϴ
ϲϮϬϱϳϯϬͬϭϮ
ϲϮϬϱϳϯϬͬϭϴ
ϲϮϬϱϳϯϬͬϮϰ
ϲϮϬϱϳϯϬͬϯϮ
ϯϬdžϭϱ
ϯ
ϲϮϬϱϳϯϰͬϬϲ
ϲϮϬϱϳϯϰͬϬϴ
ϲϮϬϱϳϯϰͬϭϮ
ϲϮϬϱϳϯϰͬϭϴ
ϲϮϬϱϳϯϰͬϮϰ
ϲϮϬϱϳϯϰͬϯϮ
ϯϬdžϮϬ
ϯ
ϲϮϬϱϳϯϲͬϬϲ
ϲϮϬϱϳϯϲͬϬϴ
ϲϮϬϱϳϯϲͬϭϮ
ϲϮϬϱϳϯϲͬϭϴ
ϲϮϬϱϳϯϲͬϮϰ
ϲϮϬϱϳϯϲͬϯϮ
ϭϱdžϭϬ
ϲ
ϲϮϬϱϳϭϲͬϬϲ
ϲϮϬϱϳϭϲͬϬϴ
ϲϮϬϱϳϭϲͬϭϮ
ϲϮϬϱϳϭϲͬϭϴ
ϲϮϬϱϳϭϲͬϮϰ
ϲϮϬϱϳϭϲͬϯϮ
ϮϬdžϭϬ
ϲ
ϲϮϬϱϳϮϯͬϬϲ
ϲϮϬϱϳϮϯͬϬϴ
ϲϮϬϱϳϮϯͬϭϮ
ϲϮϬϱϳϮϯͬϭϴ
ϲϮϬϱϳϮϯͬϮϰ
ϲϮϬϱϳϮϯͬϯϮ
ϮϬdžϭϱ
ϲ
ϲϮϬϱϳϮϱͬϬϲ
ϲϮϬϱϳϮϱͬϬϴ
ϲϮϬϱϳϮϱͬϭϮ
ϲϮϬϱϳϮϱͬϭϴ
ϲϮϬϱϳϮϱͬϮϰ
ϲϮϬϱϳϮϱͬϯϮ
ϮϬdžϯϬ
ϲ
ϲϮϬϱϳϮϳͬϬϲ
ϲϮϬϱϳϮϳͬϬϴ
ϲϮϬϱϳϮϳͬϭϮ
ϲϮϬϱϳϮϳͬϭϴ
ϲϮϬϱϳϮϳͬϮϰ
ϲϮϬϱϳϮϳͬϯϮ
Ϯϱdžϭϱ
ϲ
ϲϮϬϱϳϬϮϴͬϬϲ
ϲϮϬϱϳϬϮϴͬϬϴ
ϲϮϬϱϳϬϮϴͬϭϮ
ϲϮϬϱϳϬϮϴͬϭϴ
ϲϮϬϱϳϬϮϴͬϮϰ
ϲϮϬϱϳϬϮϴͬϯϮ
ϯϬdžϱ
ϲ
ϲϮϬϱϳϯϮͬϬϲ
ϲϮϬϱϳϯϮͬϬϴ
ϲϮϬϱϳϯϮͬϭϮ
ϲϮϬϱϳϯϮͬϭϴ
ϲϮϬϱϳϯϮͬϮϰ
ϲϮϬϱϳϯϮͬϯϮ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
&KZd^dhE'h&E,^dZ^/d
KEd/EhKEEydW'
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϱϵ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&,Z^,>/&Zͬ&>Wt,>^
&KZd^dhE'ͬKEd/Ehd/KE
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
<ϮϰϬ
<ϯϮϬ
ϯϬdžϭϬ
ϲ
ϲϮϬϱϳϯϯͬϬϲ
ϲϮϬϱϳϯϯͬϬϴ
ϲϮϬϱϳϯϯͬϭϮ
ϲϮϬϱϳϯϯͬϭϴ
ϲϮϬϱϳϯϯͬϮϰ
ϲϮϬϱϳϯϯͬϯϮ
ϯϬdžϭϱ
ϲ
ϲϮϬϱϳϯϱͬϬϲ
ϲϮϬϱϳϯϱͬϬϴ
ϲϮϬϱϳϯϱͬϭϮ
ϲϮϬϱϳϯϱͬϭϴ
ϲϮϬϱϳϯϱͬϮϰ
ϲϮϬϱϳϯϱͬϯϮ
ϯϬdžϮϬ
ϲ
ϲϮϬϱϳϯϲͬϬϲ
ϲϮϬϱϳϯϲͬϬϴ
ϲϮϬϱϳϯϲͬϭϮ
ϲϮϬϱϳϯϲͬϭϴ
ϲϮϬϱϳϯϲͬϮϰ
ϲϮϬϱϳϯϲͬϯϮ
ϯϬdžϯϬ
ϲ
ϲϮϬϱϳϯϳͬϬϲ
ϲϮϬϱϳϯϳͬϬϴ
ϲϮϬϱϳϯϳͬϭϮ
ϲϮϬϱϳϯϳͬϭϴ
ϲϮϬϱϳϯϳͬϮϰ
ϲϮϬϱϳϯϳͬϯϮ
ϰϬdžϱ
ϲ
ϱϮϬϴϰϭͬϬϲ
ϱϮϬϴϰϭͬϬϴ
ϱϮϬϴϰϭͬϭϮ
ϱϮϬϴϰϭͬϭϴ
ϱϮϬϴϰϭͬϮϰ
ϱϮϬϴϰϭͬϯϮ
ϰϬdžϭϬ
ϲ
ϱϮϬϴϰϮͬϬϲ
ϱϮϬϴϰϮͬϬϴ
ϱϮϬϴϰϮͬϭϮ
ϱϮϬϴϰϮͬϭϴ
ϱϮϬϴϰϮͬϮϰ
ϱϮϬϴϰϮͬϯϮ
ϰϬdžϭϱ
ϲ
ϱϮϬϴϰϯͬϬϲ
ϱϮϬϴϰϯͬϬϴ
ϱϮϬϴϰϯͬϭϮ
ϱϮϬϴϰϯͬϭϴ
ϱϮϬϴϰϯͬϮϰ
ϱϮϬϴϰϯͬϯϮ
ϰϬdžϮϬ
ϲ
ϱϮϬϴϰϰͬϬϲ
ϱϮϬϴϰϰͬϬϴ
ϱϮϬϴϰϰͬϭϮ
ϱϮϬϴϰϰͬϭϴ
ϱϮϬϴϰϰͬϮϰ
ϱϮϬϴϰϰͬϯϮ
ϰϬdžϯϬ
ϲ
ϱϮϬϴϰϱͬϬϲ
ϱϮϬϴϰϱͬϬϴ
ϱϮϬϴϰϱͬϭϮ
ϱϮϬϴϰϱͬϭϴ
ϱϮϬϴϰϱͬϮϰ
ϱϮϬϴϰϱͬϯϮ
ϱϬdžϱ
ϲ
ϱϮϬϴϱϰͬϬϲ
ϱϮϬϴϱϰͬϬϴ
ϱϮϬϴϱϰͬϭϮ
ϱϮϬϴϱϰͬϭϴ
ϱϮϬϴϱϰͬϮϰ
ϱϮϬϴϱϰͬϯϮ
ϱϬdžϭϬ
ϲ
ϱϮϬϴϱϱͬϬϲ
ϱϮϬϴϱϱͬϬϴ
ϱϮϬϴϱϱͬϭϮ
ϱϮϬϴϱϱͬϭϴ
ϱϮϬϴϱϱͬϮϰ
ϱϮϬϴϱϱͬϯϮ
ϱϬdžϭϱ
ϲ
ϱϮϬϴϱϭͬϬϲ
ϱϮϬϴϱϭͬϬϴ
ϱϮϬϴϱϭͬϭϮ
ϱϮϬϴϱϭͬϭϴ
ϱϮϬϴϱϭͬϮϰ
ϱϮϬϴϱϭͬϯϮ
ϱϬdžϮϬ
ϲ
ϱϮϬϴϱϯͬϬϲ
ϱϮϬϴϱϯͬϬϴ
ϱϮϬϴϱϯͬϭϮ
ϱϮϬϴϱϯͬϭϴ
ϱϮϬϴϱϯͬϮϰ
ϱϮϬϴϱϯͬϯϮ
ϱϬdžϯϬ
ϲ
ϱϮϬϴϱϮͬϬϲ
ϱϮϬϴϱϮͬϬϴ
ϱϮϬϴϱϮͬϭϮ
ϱϮϬϴϱϮͬϭϴ
ϱϮϬϴϱϮͬϮϰ
ϱϮϬϴϱϮͬϯϮ
ϲϬdžϱ
ϲ
ϱϮϬϴϲϯͬϬϲ
ϱϮϬϴϲϯͬϬϴ
ϱϮϬϴϲϯͬϭϮ
ϱϮϬϴϲϯͬϭϴ
ϱϮϬϴϲϯͬϮϰ
ϱϮϬϴϲϯͬϯϮ
ϲϬdžϭϱ
ϲ
ϱϮϬϴϲϭͬϬϲ
ϱϮϬϴϲϭͬϬϴ
ϱϮϬϴϲϭͬϭϮ
ϱϮϬϴϲϭͬϭϴ
ϱϮϬϴϲϭͬϮϰ
ϱϮϬϴϲϭͬϯϮ
ϲϬdžϮϬ
ϲ
ϱϮϬϴϲϰͬϬϲ
ϱϮϬϴϲϰͬϬϴ
ϱϮϬϴϲϰͬϭϮ
ϱϮϬϴϲϰͬϭϴ
ϱϮϬϴϲϰͬϮϰ
ϱϮϬϴϲϰͬϯϮ
ϲϬdžϯϬ
ϲ
ϱϮϬϴϲϮͬϬϲ
ϱϮϬϴϲϮͬϬϴ
ϱϮϬϴϲϮͬϭϮ
ϱϮϬϴϲϮͬϭϴ
ϱϮϬϴϲϮͬϮϰ
ϱϮϬϴϲϮͬϯϮ
ϲϬdžϰϬ
ϲ
ϱϮϬϴϲϱͬϬϲ
ϱϮϬϴϲϱͬϬϴ
ϱϮϬϴϲϱͬϭϮ
ϱϮϬϴϲϱͬϭϴ
ϱϮϬϴϲϱͬϮϰ
ϱϮϬϴϲϱͬϯϮ
ϴϬdžϱ
ϲ
ϱϮϬϴϴϭͬϬϲ
ϱϮϬϴϴϭͬϬϴ
ϱϮϬϴϴϭͬϭϮ
ϱϮϬϴϴϭͬϭϴ
ϱϮϬϴϴϭͬϮϰ
ϱϮϬϴϴϭͬϯϮ
ϴϬdžϯϬ
ϲ
ϱϮϬϴϴϮͬϬϲ
ϱϮϬϴϴϮͬϬϴ
ϱϮϬϴϴϮͬϭϮ
ϱϮϬϴϴϮͬϭϴ
ϱϮϬϴϴϮͬϮϰ
ϱϮϬϴϴϮͬϯϮ
ϴϬdžϰϬ
ϲ
ϱϮϬϴϴϯͬϬϲ
ϱϮϬϴϴϯͬϬϴ
ϱϮϬϴϴϯͬϭϮ
ϱϮϬϴϴϯͬϭϴ
ϱϮϬϴϴϯͬϮϰ
ϱϮϬϴϴϯͬϯϮ
ϴϬdžϱϬ
ϲ
ϱϮϬϴϴϰͬϬϲ
ϱϮϬϴϴϰͬϬϴ
ϱϮϬϴϴϰͬϭϮ
ϱϮϬϴϴϰͬϭϴ
ϱϮϬϴϴϰͬϮϰ
ϱϮϬϴϴϰͬϯϮ
^ƚŬͬ͘ƉĐΎ
&ćĐŚĞƌƐĐŚůĞŝĨĞƌ͕ŝƌŬŽŶŬŽƌƵŶĚ
&ůĂƉǁŚĞĞůƐ͕njŝƌĐŽŶŝƵŵ
&ćĐŚĞƌƐĐŚůĞŝĨĞƌĂƵƐŝƌŬŽŶŬŽƌƵŶĚƐŝŶĚŚĂůƚďĂƌĞƌĂůƐEŽƌŵĂůŬŽͲ
ƌƵŶĚ&ćĐŚĞƌƐĐŚůĞŝĨĞƌƵŶĚƐŝŶĚŚĞƌǀŽƌƌĂŐĞŶĚĨƺƌĚŝĞĞĂƌďĞŝͲ
ƚƵŶŐǀŽŶ<ŽŚůĞŶƐƚŽīƐƚĂŚů͕ĚĞůƐƚĂŚů͕&ŝďƌĞŐůĂƐƵŶĚ<ƵŶƐƚƐƚŽī
ŐĞĞŝŐŶĞƚ͘
&ůĂƉǁŚĞĞůƐŵĂĚĞŽĨnjŝƌĐŽŶŝĂĂůƵŵŝŶĂĂƌĞŵŽƌĞĚƵƌĂďůĞƚŚĂŶ
ƚŚŽƐĞŵĂĚĞŽĨĂůƵŵŝŶŝƵŵŽdžŝĚĞ͘dŚĞLJĂƌĞĞdžĐĞůůĞŶƚĨŽƌƚŚĞ
ǁŽƌŬǁŝƚŚĐĂƌďŽŶƐƚĞĞů͕ƐƚĂŝŶůĞƐƐƐƚĞĞů͕ĮďƌĞͲŐůĂƐƐĂŶĚƉůĂƐƟĐ͘
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
<ϰϬ
<ϲϬ
<ϴϬ
<ϭϮϬ
ϯϬdžϭϱ
ϲ
ϲϮϬϱϳϯϬϬϰ
ϲϮϬϱϳϯϬϬϲ
ϲϮϬϱϳϯϬϬϴ
ϲϮϬϱϳϯϬϭϮ
ϯϬdžϮϬ
ϲ
ϲϮϬϱϳϯϭϬϰ
ϲϮϬϱϳϯϭϬϲ
ϲϮϬϱϳϯϭϬϴ
ϲϮϬϱϳϯϭϭϮ
ϰϬdžϮϬ
ϲ
ϲϮϬϱϳϰϮϬϰ
ϲϮϬϱϳϰϮϬϲ
ϲϮϬϱϳϰϮϬϴ
ϲϮϬϱϳϰϮϭϮ
ϰϬdžϯϬ
ϲ
ϲϮϬϱϳϰϯϬϰ
ϲϮϬϱϳϰϯϬϲ
ϲϮϬϱϳϰϯϬϴ
ϲϮϬϱϳϰϯϭϮ
ϱϬdžϮϬ
ϲ
ϲϮϬϱϳϱϮϬϰ
ϲϮϬϱϳϱϮϬϲ
ϲϮϬϱϳϱϮϬϴ
ϲϮϬϱϳϱϮϭϮ
ϱϬdžϯϬ
ϲ
ϲϮϬϱϳϱϯϬϰ
ϲϮϬϱϳϱϯϬϲ
ϲϮϬϱϳϱϯϬϴ
ϲϮϬϱϳϱϯϭϮ
ϲϬdžϯϬ
ϲ
ϲϮϬϱϳϲϯϬϰ
ϲϮϬϱϳϲϯϬϲ
ϲϮϬϱϳϲϯϬϴ
ϲϮϬϱϳϲϯϭϮ
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
&ćĐŚĞƌƐĐŚůĞŝĨĞƌ͕^ŝŽŚŶĞďď͘
&ůĂƉǁŚĞĞůƐ͕^ŝǁŝƚŚŽƵƚĮŐ͘
ĞĐĂƵƐĞŽĨƚŚĞŐƌŝƚŚĂƌĚŶĞƐƐŇĂƉǁŚĞĞůƐŵĂĚĞŽĨ^ŝĂƌĞŽƉͲ
ƟŵĂůĨŽƌƚŚĞŐƌŝŶĚŝŶŐŽĨŐůĂƐƐ͕ƐƚŽŶĞĂŶĚŽƚŚĞƌŚĂƌĚŵĂƚĞƌŝĂůƐ
ůŝŬĞƟƚĂŶŝƵŵ;ĞǀĞŶďĞƩĞƌŇĂƉǁŚĞĞůƐ͕ĚŝĂŵŽŶĚ͕ŽŶƉĂŐĞϲϭͿ͘
ƵĨ'ƌƵŶĚĚĞƌ<ŽƌŶŚćƌƚĞƐŝŶĚ&ćĐŚĞƌƐĐŚůĞŝĨĞƌŵŝƚ^ŝďĞƐŽŶͲ
ĚĞƌƐĨƺƌĚĂƐ^ĐŚůĞŝĨĞŶǀŽŶ'ůĂƐ͕^ƚĞŝŶƵŶĚŚĂƌƚĞŶDĂƚĞƌŝĂůŝĞŶ
ǁŝĞdŝƚĂŶŐĞĞŝŐŶĞƚ;ŶŽĐŚďĞƐƐĞƌŝĂŵĂŶƞćĐŚĞƌƐĐŚůĞŝĨĞƌĂƵĨ
^͘ϲϭͿ͘
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
<ϲϬ
<ϭϬϬ
<ϭϱϬ
ϯϬdžϭϬ
ϲ
ϮϬ͘ϬϬϬ
ϰϬdžϭϱ
ϲ
ϭϱ͘ϮϬϬ
Ϯϱ͘ϬϬϬ
ϲϮϬϱϳϯϬϬϲ^
ϲϮϬϱϳϯϬϭϬ^
ϲϮϬϱϳϯϬϭϱ^
ϭϵ͘ϬϬϬ
ϲϮϬϱϳϰϬϬϲ^
ϲϮϬϱϳϰϬϭϬ^
ϲϮϬϱϳϰϬϭϱ^
ϲϬdžϯϬ
ϲ
ϭϬ͘ϬϬϬ
ϭϮ͘ϱϬϬ
ϲϮϬϱϳϲϬϬϲ^
ϲϮϬϱϳϲϬϭϬ^
ϲϮϬϱϳϲϬϭϱ^
ϴϬdžϯϬ
ϲ
ϳ͘ϲϬϬ
ϵ͘ϱϬϬ
ϲϮϬϱϳϴϬϬϲ^
ϲϮϬϱϳϴϬϭϬ^
ϲϮϬϱϳϴϬϭϱ^
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ϲϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
^ƚŬͬ͘ƉĐΎ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&,Z^,>/&Zͬ&>Wt,>^
&ćĐŚĞƌƐĐŚůĞŝĨĞƌ͕dƌŝnjĂĐƚΡŽŚŶĞďď͘
&ůĂƉǁŚĞĞůƐ͕dƌŝnjĂĐƚΡǁŝƚŚŽƵƚĮŐ͘
ĞƐŽŶĚĞƌƐŐƵƚŐĞĞŝŐŶĞƚĨƺƌĚŝĞĞĂƌďĞŝƚƵŶŐǀŽŶĚĞůƐƚćŚůĞŶ͘
džĐĞůůĞŶƚĨŽƌƚŚĞǁŽƌŬǁŝƚŚƐƚĂŝŶůĞƐƐƐƚĞĞů͘
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
ϰϱ
;<ϰϬϬͿ
ϯϬ
;<ϲϬϬͿ
ϭϲ
;<ϭϮϬϬͿ
ϯϬdžϯϬ
ϲ
ϲϮϬϱϳϯϬϰϱ
ϲϮϬϱϳϯϬϯϬ
ϲϮϬϱϳϯϬϭϲ
ϱϬdžϯϬ
ϲ
ϲϮϬϱϳϱϬϰϱ
ϲϮϬϱϳϱϬϯϬ
ϲϮϬϱϳϱϬϭϲ
^ƚŬͬ͘ƉĐ
&ćĐŚĞƌƐĐŚůĞŝĨĞƌ͕<ĞƌĂŵŝŬ
&ůĂƉǁŚĞĞůƐ͕ĐĞƌĂŵŝĐ
<ĞƌĂŵŝŬƐĐŚůĞŝŅŽƌŶŵŝƚƐĐŚůĞŝĨĂŬƟǀĞŶĞĐŬƐƚŽīĞŶĨƺƌŚƂĐŚƐͲ
ƚĞďƚƌĂŐƐůĞŝƐƚƵŶŐĂƵĨŚĂƌƚĞŶDĂƚĞƌŝĂůŝĞŶǁŝĞĚĞůƐƚĂŚů͕
dŝƚĂŶ͕EŝĐŬĞůƵŶĚ>ĞŐŝĞƌƵŶŐĞŶ͘ŝĞƵƐćƚnjĞǀĞƌŚŝŶĚĞƌŶĚĂƐ
ƵƐĞƚnjĞŶƵŶĚƐŽƌŐĞŶĨƺƌĞŝŶĞŶŬƺŚůĞƌĞŶ^ĐŚůŝī͘ŝŶƐĂƚnjŐĞͲ
ďŝĞƚĞƐŝŶĚƵ͘Ă͘ƉƉĂƌĂƚĞďĂƵƵŶĚdƵƌďŝŶĞŶŚĞƌƐƚĞůůƵŶŐ͘
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
ϯϬdžϭϬ
ϲ
ϭϲ͘ϬϬϬ
ϯϬdžϭϱ
ϲ
ϭϲ͘ϬϬϬ
ϰϬdžϭϬ
ϲ
ϰϬdžϮϬ
ϱϬdžϯϬ
&ůĂƉǁŚĞĞůƐǁŝƚŚĐĞƌĂŵŝĐŚĂǀĞƚŚĞŚŝŐŚĞƐƚƐƚŽĐŬƌĞŵŽǀĂů
ŽŶŚĂƌĚŵĂƚĞƌŝĂůƐůŝŬĞƐƚĂŝŶůĞƐƐƐƚĞĞů͕ƟƚĂŶŝƵŵ͕ŶŝĐŬĞůĂŶĚ
ĂůůŽLJƐ͘ůŽŐŐŝŶŐŝƐŶŽƚƉŽƐƐŝďůĞĂŶĚƚŚĞĐĞƌĂŵŝĐŝƐƌĞƐƉŽŶƐŝďͲ
ůĞĨŽƌƚŚĞĐŽŽůŐƌŝŶĚŝŶŐ͘
ƉƉůŝĐĂƟŽŶƐĂƌĞĞŶŐŝŶĞĞƌŝŶŐĂŶĚƚƵƌďŝŶĞŵĂŶƵĨĂĐƚƵƌŝŶŐ͘
<ϰϬ
<ϲϬ
<ϴϬ
Ϯϲ͘ϬϬϬ
ϲϮϬϱϳϯϬϬϰ<
ϲϮϬϱϳϯϬϬϲ<
ϲϮϬϱϳϯϬϬϴ<
Ϯϲ͘ϬϬϬ
ϲϮϬϱϳϯϭϬϰ<
ϲϮϬϱϳϯϭϬϲ<
ϲϮϬϱϳϯϭϬϴ<
ϭϯ͘ϬϬϬ
ϮϬ͘ϬϬϬ
ϲϮϬϱϳϰϬϬϰ<
ϲϮϬϱϳϰϬϬϲ<
ϲϮϬϱϳϰϬϬϴ<
ϲ
ϭϯ͘ϬϬϬ
ϮϬ͘ϬϬϬ
ϲϮϬϱϳϰϭϬϰ<
ϲϮϬϱϳϰϭϬϲ<
ϲϮϬϱϳϰϭϬϴ<
ϲ
ϭϭ͘ϬϬϬ
ϭϲ͘ϬϬϬ
ϲϮϬϱϳϱϬϬϰ<
ϲϮϬϱϳϱϬϬϲ<
ϲϮϬϱϳϱϬϬϴ<
ϲϬdžϯϬ
ϲ
ϵ͘ϬϬϬ
ϭϯ͘ϱϬϬ
ϲϮϬϱϳϲϬϬϰ<
ϲϮϬϱϳϲϬϬϲ<
ϲϮϬϱϳϲϬϬϴ<
ϴϬdžϰϬ
ϲ
ϲ͘ϬϬϬ
ϭϬ͘ϬϬϬ
ϲϮϬϱϳϴϬϬϰ<
ϲϮϬϱϳϴϬϬϲ<
ϲϮϬϱϳϴϬϬϴ<
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
&ćĐŚĞƌƐĐŚůĞŝĨĞƌ͕ŝĂŵĂŶƚŽŚŶĞďď͘
&ůĂƉǁŚĞĞůƐ͕ĚŝĂŵŽŶĚǁŝƚŚŽƵƚĮŐ͘
&ćĐŚĞƌƐĐŚůĞŝĨĞƌŵŝƚŝĂŵĂŶƚƐŝŶĚďĞƐŽŶĚĞƌƐŐƵƚŐĞĞŝŐŶĞƚĨƺƌ
ŚƌŽŵƐĐŚŝĐŚƚĞŶ͕ƵĨƉĂŶnjĞƌƵŶŐĞŶ͕'ůĂƐƵŶĚ'ƌĂŶŝƚ͘
>ćŶŐĞƌĞ^ƚĂŶĚnjĞŝƚďĞŝĞŶƵƚnjƵŶŐŵŝƚĞŝŶĞŵ^ĐŚůĞŝĨƂů͊
&ůĂƉǁŚĞĞůƐǁŝƚŚĚŝĂŵŽŶĚĂƌĞĞdžĐĞůůĞŶƚĨŽƌƚŚĞǁŽƌŬŽŶ
ĐŚƌŽŵĞůĂLJĞƌƐ͕ŚĂƌĚĨĂĐŝŶŐ͕ŐůĂƐƐĂŶĚŐƌĂŶŝƚĞ͘
dŚĞƵƐĞŽĨŇƵŝĚĚƵƌŝŶŐƚŚĞŐƌŝŶĚŝŶŐĐĂŶƐƵďƐƚĂŶƟĂůůLJ
ŝŶĐƌĞĂƐĞƚŚĞĚƵƌĂďŝůŝƚLJ͘
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
<ϭϬϬ
<ϮϰϬ
<ϰϬϬ
<ϴϬϬ
ϭϱdžϭϬ
ϯ
ϲϮϬϱϳϭϱϭϬ
ϲϮϬϱϳϭϱϮϰ
ϲϮϬϱϳϭϱϰϬ
ϲϮϬϱϳϭϱϴϬ
ϯϬdžϭϬ
ϯ
ϲϮϬϱϳϯϬϭϬ
ϲϮϬϱϳϯϬϮϰ
ϲϮϬϱϳϯϬϰϬ
ϲϮϬϱϳϯϬϴϬ
^ƚŬͬ͘ƉĐ
^ĐŚůĞŝĨƂů^͘ϭϮϱ
ŇƵŝĚƉ͘ϭϮϱ
&ćĐŚĞƌƐĐŚůĞŝĩƺƌƐƚĞŶ
&ůĂƉǁŚĞĞůďƌƵƐŚĞƐ
ŝĞŵĞŚƌĨĂĐŚŐĞƐĐŚůŝƚnjƚĞŶ>ĂŵĞůůĞŶƐŽƌŐĞŶĨƺƌĞŝŶĞ
ŚƂŚĞƌĞ&ůĞdžŝďŝůŝƚćƚƵŶĚƐŝŶĚĚĂĚƵƌĐŚĂƵĐŚǁĞŶŝŐĞƌ
ĂŐŐƌĞƐƐŝǀĂůƐĂŶĚĞƌĞ&ćĐŚĞƌƐĐŚůĞŝĨĞƌ͘&ćĐŚĞƌƐĐŚůĞŝĩƺƌƐͲ
ƚĞŶƉĂƐƐĞŶƐŝĐŚƐĞŚƌŐƵƚĂŶƵŶƌĞŐĞůŵćƘŝŐŐĞĨŽƌŵƚĞ
WƌŽĮůĞƵŶĚŬůĞŝŶĞPīŶƵŶŐĞŶĂŶ͘
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
ϰϬdžϯϬ
ϲ
ϭϯ͘ϬϬϬ
ϱϬdžϯϬ
ϲ
ϱϬdžϰϬ
ϲ
ϲϬdžϯϬ
ϲϬdžϰϬ
ĞĐĂƵƐĞŽĨƚŚĞŵƵůƟƉůĞƐůŽƩĞĚƐůŝĐĞƐƚŚĞďƌƵƐŚĞƐŚĂǀĞ
ĂŚŝŐŚĞƌŇĞdžŝďŝůŝƚLJĂŶĚƚŚĞLJĂƌĞůĞƐƐĂŐŐƌĞƐƐŝǀĞƚŚĂŶ
ͣŶŽƌŵĂů͞ŇĂƉǁŚĞĞůƐ͘dŚĞŇĞdžŝďŝůŝƚLJĂůůŽǁƐƚŚĞĐŽŶĨŽƌͲ
ŵĂƟŽŶƚŽƚŚĞĂĚĂƉƟŶŐŵĂƚĞƌŝĂůĂŶĚƐƵƌĨĂĐĞ͘
<ϴϬ
<ϭϮϬ
<ϭϴϬ
<ϮϰϬ
ϭϳ͘ϬϬϬ
ϲϮϬϱϳϰϬϬϴ&^
ϲϮϬϱϳϰϬϭϮ&^
ϲϮϬϱϳϰϬϭϴ&^
ϲϮϬϱϳϰϬϮϰ&^
ϭϭ͘ϬϬϬ
ϭϰ͘ϬϬϬ
ϲϮϬϱϳϱϬϬϴ&^
ϲϮϬϱϳϱϬϭϮ&^
ϲϮϬϱϳϱϬϭϴ&^
ϲϮϬϱϳϱϬϮϰ&^
ϭϭ͘ϬϬϬ
ϭϰ͘ϬϬϬ
ϲϮϬϱϳϱϭϬϴ&^
ϲϮϬϱϳϱϭϭϮ&^
ϲϮϬϱϳϱϭϭϴ&^
ϲϮϬϱϳϱϭϮϰ&^
ϲ
ϵ͘ϬϬϬ
ϭϭ͘ϬϬϬ
ϲϮϬϱϳϲϬϬϴ&^
ϲϮϬϱϳϲϬϭϮ&^
ϲϮϬϱϳϲϬϭϴ&^
ϲϮϬϱϳϲϬϮϰ&^
ϲ
ϵ͘ϬϬϬ
ϭϭ͘ϬϬϬ
ϲϮϬϱϳϲϭϬϴ&^
ϲϮϬϱϳϲϭϭϮ&^
ϲϮϬϱϳϲϭϭϴ&^
ϲϮϬϱϳϲϭϮϰ&^
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϲϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
'WZ͘s>/^&,Z^,>/&ZͬhE/d/&/E/^,/E't,>^
dŽƉĨͲ&ćĐŚĞƌƐĐŚůĞŝĨĞƌ
&ůĂƉǁŚĞĞůĐƵƉƐ
ƵƌĐŚĚĞŶǀĞƌƐĞŶŬƚĞŶDŝƩĞůŬĞƌŶŬĂŶŶĚŝĞ^ƟƌŶƐĞŝƚĞĚĞƐ
^ĐŚůĞŝĨĞƌƐǀĞƌǁĞŶĚĞƚǁĞƌĚĞŶ͘ƵƌĐŚĚĞŶŐůĞŝĐŚnjĞŝƟŐĞŶ
ŝŶƐĂƚnjĚĞƐ^ƟƌŶͲƵŶĚZĂĚŝĂůƐĐŚůŝīĞƐŬƂŶŶĞŶďĞƐŽŶĚĞƌƐŐƵƚ
ĚŝĞ/ŶŶĞŶŬĂŶƚĞŶǀŽŶĞŚćůƚĞƌŶ͕^ĐŚƌćŶŬĞŶŽĚĞƌLJůŝŶĚĞƌŶ
ďĞĂƌďĞŝƚĞƚǁĞƌĚĞŶ͘
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
ϰϬdžϯϬ
ϲ
ϭϯ͘ϬϬϬ
ϱϬdžϯϬ
ϲ
ϱϬdžϰϬ
ϲϬdžϯϬ
ϲϬdžϰϬ
dŚƌŽƵŐŚƚŚĞĐŽƵŶƚĞƌƐƵŶŬĐŽƌĞƚŚĞĨƌŽŶƚĞĚŐĞŽĨƚŚĞ
ŐƌŝŶĚĞƌĐĂŶďĞƵƐĞĚ͘ĞĐĂƵƐĞŽĨƚŚĞƐŝŵƵůƚĂŶĞŽƵƐƵƐĂŐĞ
ŽĨĨĂĐĞĂŶĚƌĂĚŝĂůŐƌŝŶĚŝŶŐ͕ŝŶŶĞƌĞĚŐĞƐĐĂŶďĞǁŽƌŬĞĚŽŶ
ĞĐdžĞůůĞŶƚůLJ͘
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
ϭϳ͘ϬϬϬ
ϲϮϬϱϳϰϬϬϲd&
ϲϮϬϱϳϰϬϬϴd&
ϲϮϬϱϳϰϬϭϮd&
ϲϮϬϱϳϰϬϭϴd&
ϭϭ͘ϬϬϬ
ϭϲ͘ϬϬϬ
ϲϮϬϱϳϱϬϬϲd&
ϲϮϬϱϳϱϬϬϴd&
ϲϮϬϱϳϱϬϭϮd&
ϲϮϬϱϳϱϬϭϴd&
ϲ
ϭϭ͘ϬϬϬ
ϭϲ͘ϬϬϬ
ϲϮϬϱϳϱϭϬϲd&
ϲϮϬϱϳϱϭϬϴd&
ϲϮϬϱϳϱϭϭϮd&
ϲϮϬϱϳϱϭϭϴd&
ϲ
ϵ͘ϬϬϬ
ϭϬ͘ϮϬϬ
ϲϮϬϱϳϲϬϬϲd&
ϲϮϬϱϳϲϬϬϴd&
ϲϮϬϱϳϲϬϭϮd&
ϲϮϬϱϳϲϬϭϴd&
ϲ
ϵ͘ϬϬϬ
ϭϬ͘ϮϬϬ
ϲϮϬϱϳϲϭϬϲd&
ϲϮϬϱϳϲϭϬϴd&
ϲϮϬϱϳϲϭϭϮd&
ϲϮϬϱϳϲϭϭϴd&
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ZĞdžͲZĞŝŶŝŐƵŶŐƐƐĐŚůĞŝĨĞƌ
ZĞdžŶŽŶͲǁŽǀĞŶĐůĞĂŶŝŶŐǁŚĞĞůƐ
ƵƐŐĞnjĞŝĐŚŶĞƚŐĞĞŝŐŶĞƚĨƺƌĚŝĞZĞŝŶŝŐƵŶŐƵŶĚKďĞƌŇćͲ
ĐŚĞŶǀŽƌďĞƌĞŝƚƵŶŐ͘ƵƌĂŐŐƌĞƐƐŝǀĞŶŶƞĞƌŶƵŶŐǀŽŶZŽƐƚ͕
^ĐŚǁĞŝƘƐƉƌŝƚnjĞƌŶ͕&ĂƌďĞƵŶĚĞƐĐŚŝĐŚƚƵŶŐĞŶ͘
džĐĞůůĞŶƚĨŽƌĐůĞĂŶŝŶŐĂŶĚƐƵƌĨĂĐĞƉƌĞƉĂƌĂƟŽŶ͕ĂůƐŽŐŽŽĚ
ĨŽƌĂŐŐƌĞƐƐŝǀĞƌĞŵŽǀĂůŽĨƌƵƐƚ͕ǁĞůĚŝŶŐƐƉĂƌŬƐĂŶĚĐŽĂƟŶŐƐ͘
Eƌͬ͘EŽ͘
Tdž,
ŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
ϰϱdžϭϱ
ϲ
ϲ͘ϱϬϬ
ϭϯ͘ϬϬϬ
ϲϮϬϱϳϰϱZ
ϰϱdžϯϬ
ϲ
ϲ͘ϱϬϬ
ϭϯ͘ϬϬϬ
ϲϮϬϱϳϰϲZ
ϱϱdžϭϱ
ϲ
ϲ͘ϬϬϬ
ϭϮ͘ϭϬϬ
ϲϮϬϱϳϱϱZ
ϱϱdžϯϬ
ϲ
ϲ͘ϬϬϬ
ϭϮ͘ϭϬϬ
ϲϮϬϱϳϱϲZ
ϳϱdžϭϱ
ϲ
ϰ͘ϬϬϬ
ϴ͘ϲϬϬ
ϲϮϬϱϳϮϱZ
ϳϱdžϯϬ
ϲ
ϰ͘ϬϬϬ
ϴ͘ϲϬϬ
ϲϮϬϱϳϳϲZ
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
'ĞƉƌĞƐƐƚĞsůŝĞƐƐĐŚůĞŝĨĞƌ
hŶŝƟnjĞĚĮŶŝƐŚŝŶŐǁŚĞĞůƐ
'ĞƉƌĞƐƐƚĞsůŝĞƐƐĐŚůĞŝĨĞƌǁĞƌĚĞŶǀŽƌƌĂŶŐŝŐďĞŝůĞŝĐŚƚĞŶ
ŶƚŐƌĂƚĂƌďĞŝƚĞŶŽĚĞƌĨƺƌĞŝŶĞĨĞŝŶĞƌĞKďĞƌŇćĐŚĞŶĂƌďĞŝƚ
ǀĞƌǁĞŶĚĞƚ͘
^ĐŚĂŌ
ƐŚĂŶŬ
Tdž,
ŵŵ
ϯ
Ϯϱdžϯ
ϲ͘ϬϬϬ
ϯ
ϯϬdžϯ
ϯ
ϰϬdžϯ
ϯ
ϯ
hŶŝƟnjĞĚĮŶŝƐŚŝŶŐǁŚĞĞůƐĂƌĞƵƐĞĚƉƌĞĨĞƌĞŶƟĂůůLJĨŽƌĞĂƐLJ
ĚĞďƵƌƌŝŶŐǁŽƌŬŽƌĨŽƌĮŶĞƐƵƌĨĂĐĞĮŶŝƐŚŝŶŐ͘
'ƌŽď
ĐŽĂƌƐĞ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
&ĞŝŶ
ĮŶĞ
^ĞŚƌĨĞŝŶ
ǀĞƌLJĮŶĞ
ϴ͘ϬϬϬ
Ͷ
ϲϮϬϱϯϮϱϯhD
Ͷ
Ͷ
ϲ͘ϬϬϬ
ϴ͘ϬϬϬ
Ͷ
ϲϮϬϱϯϯϬϯhD
Ͷ
Ͷ
ϲ͘ϬϬϬ
ϴ͘ϬϬϬ
Ͷ
ϲϮϬϱϯϰϬϯhD
Ͷ
Ͷ
Ϯϱdžϲ
ϲ͘ϬϬϬ
ϴ͘ϬϬϬ
ϲϮϬϱϯϮϱϲh
ϲϮϬϱϯϮϱϲhD
ϲϮϬϱϯϮϱϲh&
ϲϮϬϱϯϮϱϲhs&
ϯϬdžϲ
ϲ͘ϬϬϬ
ϴ͘ϬϬϬ
ϲϮϬϱϯϯϬϲh
ϲϮϬϱϯϯϬϲhD
ϲϮϬϱϯϯϬϲh&
ϲϮϬϱϯϯϬϲhs&
ϯ
ϰϬdžϲ
ϲ͘ϬϬϬ
ϴ͘ϬϬϬ
ϲϮϬϱϯϰϬϲh
ϲϮϬϱϯϰϬϲhD
ϲϮϬϱϯϰϬϲh&
ϲϮϬϱϯϰϬϲhs&
ϲ
ϰϬdžϭϮ
ϳ͘ϱϬϬ
ϵ͘ϬϬϬ
Ͷ
ϲϮϬϱϯϰϭϲhD
Ͷ
ϲϮϬϱϯϰϭϲhs&
ϲ
ϱϬdžϭϮ
ϲ͘ϬϬϬ
ϴ͘ϬϬϬ
Ͷ
ϲϮϬϱϯϱϬϲhD
Ͷ
ϲϮϬϱϯϱϬϲhs&
ϲ
ϳϱdžϭϮ
ϰ͘ϬϬϬ
ϲ͘ϬϬϬ
Ͷ
ϲϮϬϱϯϳϱϲhD
Ͷ
ϲϮϬϱϯϳϱϲhs&
sůŝĞƐĨćĐŚĞƌƐĐŚůĞŝĨĞƌ͕ĂdžŝĂůĂŶŐĞŽƌĚŶĞƚ
EŽŶͲǁŽǀĞŶŇĂƉǁŚĞĞůƐ͕ĂdžŝĂůĂƌƌĂŶŐĞĚ
Tdž,
ŵŵ
ϯ
ϮϮdžϭϯ
ϴ͘ϬϬϬ
'ƌŽď
ĐŽĂƌƐĞ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
&ĞŝŶ
ĮŶĞ
KŚŶĞ<ŽƌŶ
ǁŝƚŚŽƵƚŐƌŝƚ
ϲϮϬϱϱϮϮ
ϲϮϬϱϱϮϮD
ϲϮϬϱϱϮϮ&
ϲϮϬϱϱϮϮ'Z
^ƚŬͬ͘ƉĐΎ
ϯ
ϯϬdžϭϳ
ϴ͘ϬϬϬ
ϲϮϬϱϱϯϬ
ϲϮϬϱϱϯϬD
ϲϮϬϱϱϯϬ&
ϲϮϬϱϱϯϬ'Z
ϯ
ϰϬdžϮϮ
ϴ͘ϬϬϬ
ϲϮϬϱϱϰϬ
ϲϮϬϱϱϰϬD
ϲϮϬϱϱϰϬ&
ϲϮϬϱϱϰϬ'Z
ϲ
ϲϬdžϱϬ
ϳ͘ϬϬϬ
ϲϮϬϱϱϲϬ
ϲϮϬϱϱϲϬD
ϲϮϬϱϱϲϬ&
Ͷ
ϲ
ϴϬdžϱϬ
ϲ͘ϬϬϬ
ϲϮϬϱϱϴϬ
ϲϮϬϱϱϴϬD
ϲϮϬϱϱϴϬ&
Ͷ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ϲϮ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
^ĐŚĂŌ
ƐŚĂŶŬ
^ƚŬͬ͘ƉĐΎ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
<ŽŵďŝŶŝĞƌƚĞsůŝĞƐĨćĐŚĞƌƐĐŚůĞŝĨĞƌ
/ŶƚĞƌͲůĞĂǀĞĚĮŶŝƐŚŝŶŐŇĂƉǁŚĞĞůƐ
ƵƌĐŚĚŝĞĂďǁĞĐŚƐĞůŶĚĞŶ>ĂŐĞŶǀŽŶ^ĐŚůĞŝŇĞŝŶĞŶƵŶĚ^ĐŚůĞŝĨǀůŝĞƐ
ĞŶƚƐƚĞŚƚĞŝŶŐĞƌŝŶŐĞƌďƐĐŚůŝīƵŶĚŐůĞŝĐŚnjĞŝƟŐĞŝŶĞŐĞďƺƌƐƚĞƚĞ
KďĞƌŇćĐŚĞ͘
^ĐŚĂŌ
ƐŚĂŶŬ
Tdž,
ŵŵ
ϯ
ϮϬdžϮϬ
ϭϭ͘ϬϬϬ
ĞĐĂƵƐĞŽĨƚŚĞĂůƚĞƌŶĂƚĞůĂLJĞƌƐŽĨĂďƌĂƐŝǀĞĐůŽƚŚƐĂŶĚŶŽŶͲǁŽǀĞŶ
ŵĂƚĞƌŝĂůĂƌŝƐĞůĞƐƐƌĞŵŽǀĂůĂŶĚƐŝŵƵůƚĂŶĞŽƵƐůLJďƌƵƐŚĞĚƐƵƌĨĂĐĞ
ĂƌŝƐĞ͘
'ƌŽď
ĐŽĂƌƐĞ
н<ϲϬ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
н<ϴϬ
&ĞŝŶ
ĮŶĞ
н<ϭϱϬ
^ĞŚƌĨĞŝŶ
ǀĞƌLJĮŶĞ
н<ϮϰϬ
ϲϮϬϱϯϮϬϭϬ
ϲϮϬϱϯϮϬϭϬD
ϲϮϬϱϯϮϬϭϬ&
ϲϮϬϱϯϮϬϭϬs&
ϯ
ϯϬdžϮϬ
ϭϬ͘ϱϬϬ
ϲϮϬϱϯϮϬϭϭ
ϲϮϬϱϯϮϬϭϭD
ϲϮϬϱϯϮϬϭϭ&
ϲϮϬϱϯϮϬϭϭs&
ϲ
ϮϬdžϮϬ
ϭϭ͘ϬϬϬ
ϲϮϬϱϯϮϬϮϬ
ϲϮϬϱϯϮϬϮϬD
ϲϮϬϱϯϮϬϮϬ&
ϲϮϬϱϯϮϬϮϬs&
ϲ
ϯϬdžϮϬ
ϭϬ͘ϱϬϬ
ϲϮϬϱϯϯϬϮϬ
ϲϮϬϱϯϯϬϮϬD
ϲϮϬϱϯϯϬϮϬ&
ϲϮϬϱϯϯϬϮϬs&
ϲ
ϯϬdžϯϬ
ϭϬ͘ϱϬϬ
ϲϮϬϱϯϯϬϯϬ
ϲϮϬϱϯϯϬϯϬD
ϲϮϬϱϯϯϬϯϬ&
ϲϮϬϱϯϯϬϯϬs&
ϲ
ϰϬdžϮϬ
ϵ͘ϬϬϬ
ϲϮϬϱϯϰϬϮϬ
ϲϮϬϱϯϰϬϮϬD
ϲϮϬϱϯϰϬϮϬ&
ϲϮϬϱϯϰϬϮϬs&
ϲ
ϰϬdžϯϬ
ϵ͘ϬϬϬ
ϲϮϬϱϯϰϬϯϬ
ϲϮϬϱϯϰϬϯϬD
ϲϮϬϱϯϰϬϯϬ&
ϲϮϬϱϯϰϬϯϬs&
ϲ
ϰϬdžϰϬ
ϵ͘ϬϬϬ
ϲϮϬϱϯϰϬϰϬ
ϲϮϬϱϯϰϬϰϬD
ϲϮϬϱϯϰϬϰϬ&
ϲϮϬϱϯϰϬϰϬs&
ϲ
ϱϬdžϮϬ
ϴ͘ϬϬϬ
ϲϮϬϱϯϱϬϮϬ
ϲϮϬϱϯϱϬϮϬD
ϲϮϬϱϯϱϬϮϬ&
ϲϮϬϱϯϱϬϮϬs&
ϲ
ϱϬdžϯϬ
ϴ͘ϬϬϬ
ϲϮϬϱϯϱϬϯϬ
ϲϮϬϱϯϱϬϯϬD
ϲϮϬϱϯϱϬϯϬ&
ϲϮϬϱϯϱϬϯϬs&
ϲ
ϱϬdžϰϬ
ϴ͘ϬϬϬ
ϲϮϬϱϯϱϬϰϬ
ϲϮϬϱϯϱϬϰϬD
ϲϮϬϱϯϱϬϰϬ&
ϲϮϬϱϯϱϬϰϬs&
ϲ
ϱϬdžϱϬ
ϴ͘ϬϬϬ
ϲϮϬϱϯϱϬϱϬ
ϲϮϬϱϯϱϬϱϬD
ϲϮϬϱϯϱϬϱϬ&
ϲϮϬϱϯϱϬϱϬs&
ϲ
ϲϬdžϮϬ
ϳ͘ϬϬϬ
ϲϮϬϱϯϲϬϮϬ
ϲϮϬϱϯϲϬϮϬD
ϲϮϬϱϯϲϬϮϬ&
ϲϮϬϱϯϲϬϮϬs&
ϲ
ϲϬdžϯϬ
ϳ͘ϬϬϬ
ϲϮϬϱϯϲϬϯϬ
ϲϮϬϱϯϲϬϯϬD
ϲϮϬϱϯϲϬϯϬ&
ϲϮϬϱϯϲϬϯϬs&
ϲ
ϲϬdžϰϬ
ϳ͘ϬϬϬ
ϲϮϬϱϯϲϬϰϬ
ϲϮϬϱϯϲϬϰϬD
ϲϮϬϱϯϲϬϰϬ&
ϲϮϬϱϯϲϬϰϬs&
ϲ
ϲϬdžϱϬ
ϳ͘ϬϬϬ
ϲϮϬϱϯϲϬϱϬ
ϲϮϬϱϯϲϬϱϬD
ϲϮϬϱϯϲϬϱϬ&
ϲϮϬϱϯϲϬϱϬs&
ϲ
ϳϱdžϰϱ
ϲ͘ϱϬϬ
ϲϮϬϱϯϳϱϰϱ
ϲϮϬϱϯϳϱϰϱD
ϲϮϬϱϯϳϱϰϱ&
ϲϮϬϱϯϳϱϰϱs&
ϲ
ϴϬdžϯϬ
ϲ͘ϬϬϬ
ϲϮϬϱϯϴϬϯϬ
ϲϮϬϱϯϴϬϯϬD
ϲϮϬϱϯϴϬϯϬ&
ϲϮϬϱϯϴϬϯϬs&
ϲ
ϴϬdžϱϬ
ϲ͘ϬϬϬ
ϲϮϬϱϯϴϬϱϬ
ϲϮϬϱϯϴϬϱϬD
ϲϮϬϱϯϴϬϱϬ&
ϲϮϬϱϯϴϬϱϬs&
ϲ
ϭϬϬdžϱϬ
ϰ͘ϬϬϬ
ϲϮϬϱϯϭϬϬϱϬ
ϲϮϬϱϯϭϬϬϱϬD
ϲϮϬϱϯϭϬϬϱϬ&
ϲϮϬϱϯϭϬϬϱϬs&
^ƚŬͬ͘ƉĐΎ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
s>/^&,Z^,>/&ZͬEKEͳtKsE&>Wt,>^
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
sůŝĞƐĨćĐŚĞƌƐĐŚůĞŝĨĞƌ͕ƌĂĚŝĂůĂŶŐĞŽƌĚŶĞƚ
EŽŶͲǁŽǀĞŶŇĂƉǁŚĞĞůƐ͕ƌĂĚŝĂůĂƌƌĂŶŐĞĚ
^ĐŚĂŌ
ƐŚĂŶŬ
Tdž,
ŵŵ
'ƌŽď
ĐŽĂƌƐĞ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
&ĞŝŶ
ĮŶĞ
^ĞŚƌĨĞŝŶ
ǀĞƌLJĮŶĞ
ϯ
ϮϬdžϮϬ
ϮϬ͘ϬϬϬ
ϲϮϬϱϰϮϬϭϬ
ϲϮϬϱϰϮϬϭϬD
ϲϮϬϱϰϮϬϭϬ&
ϲϮϬϱϰϮϬϭϬs&
ϯ
ϲ
ϯϬdžϮϬ
ϮϬ͘ϬϬϬ
ϲϮϬϱϰϮϬϭϭ
ϲϮϬϱϰϮϬϭϭD
ϲϮϬϱϰϮϬϭϭ&
ϲϮϬϱϰϮϬϭϭs&
ϮϬdžϮϬ
ϮϬ͘ϬϬϬ
ϲϮϬϱϰϮϬϮϬ
ϲϮϬϱϰϮϬϮϬD
ϲϮϬϱϰϮϬϮϬ&
ϲϮϬϱϰϮϬϮϬs&
ϲ
ϯϬdžϮϬ
ϮϬ͘ϬϬϬ
ϲϮϬϱϰϯϬϮϬ
ϲϮϬϱϰϯϬϮϬD
ϲϮϬϱϰϯϬϮϬ&
ϲϮϬϱϰϯϬϮϬs&
ϲ
ϰϬdžϮϬ
ϭϱ͘ϬϬϬ
ϲϮϬϱϰϰϬϮϬ
ϲϮϬϱϰϰϬϮϬD
ϲϮϬϱϰϰϬϮϬ&
ϲϮϬϱϰϰϬϮϬs&
ϲ
ϰϬdžϯϬ
ϭϱ͘ϬϬϬ
ϲϮϬϱϰϰϬϯϬ
ϲϮϬϱϰϰϬϯϬD
ϲϮϬϱϰϰϬϯϬ&
ϲϮϬϱϰϰϬϯϬs&
ϲ
ϰϬdžϰϬ
ϭϱ͘ϬϬϬ
ϲϮϬϱϰϰϬϰϬ
ϲϮϬϱϰϰϬϰϬD
ϲϮϬϱϰϰϬϰϬ&
ϲϮϬϱϰϰϬϰϬs&
ϲ
ϱϬdžϮϬ
ϭϮ͘ϬϬϬ
ϲϮϬϱϰϱϬϮϬ
ϲϮϬϱϰϱϬϮϬD
ϲϮϬϱϰϱϬϮϬ&
ϲϮϬϱϰϱϬϮϬs&
ϲ
ϱϬdžϯϬ
ϭϮ͘ϬϬϬ
ϲϮϬϱϰϱϬϯϬ
ϲϮϬϱϰϱϬϯϬD
ϲϮϬϱϰϱϬϯϬ&
ϲϮϬϱϰϱϬϯϬs&
ϲ
ϱϬdžϱϬ
ϭϮ͘ϬϬϬ
ϲϮϬϱϰϱϬϱϬ
ϲϮϬϱϰϱϬϱϬD
ϲϮϬϱϰϱϬϱϬ&
ϲϮϬϱϰϱϬϱϬs&
ϲ
ϲϬdžϮϬ
ϭϬ͘ϬϬϬ
ϲϮϬϱϰϲϬϮϬ
ϲϮϬϱϰϲϬϮϬD
ϲϮϬϱϰϲϬϮϬ&
ϲϮϬϱϰϲϬϮϬs&
ϲ
ϲϬdžϯϬ
ϭϬ͘ϬϬϬ
ϲϮϬϱϰϲϬϯϬ
ϲϮϬϱϰϲϬϯϬD
ϲϮϬϱϰϲϬϯϬ&
ϲϮϬϱϰϲϬϯϬs&
ϲ
ϲϬdžϰϬ
ϭϬ͘ϬϬϬ
ϲϮϬϱϰϲϬϰϬ
ϲϮϬϱϰϲϬϰϬD
ϲϮϬϱϰϲϬϰϬ&
ϲϮϬϱϰϲϬϰϬs&
ϲ
ϲϬdžϱϬ
ϭϬ͘ϬϬϬ
ϲϮϬϱϰϲϬϱϬ
ϲϮϬϱϰϲϬϱϬD
ϲϮϬϱϰϲϬϱϬ&
ϲϮϬϱϰϲϬϱϬs&
ϲ
ϳϬdžϰϱ
ϴ͘ϬϬϬ
ϲϮϬϱϰϳϬϰϱ
ϲϮϬϱϰϳϬϰϱD
ϲϮϬϱϰϳϬϰϱ&
ϲϮϬϱϰϳϬϰϱs&
ϲ
ϴϬdžϯϬ
ϳ͘ϱϬϬ
ϲϮϬϱϰϴϬϯϬ
ϲϮϬϱϰϴϬϯϬD
ϲϮϬϱϰϴϬϯϬ&
ϲϮϬϱϰϴϬϯϬs&
ϲ
ϴϬdžϱϬ
ϳ͘ϱϬϬ
ϲϮϬϱϰϴϬϱϬ
ϲϮϬϱϰϴϬϱϬD
ϲϮϬϱϰϴϬϱϬ&
ϲϮϬϱϰϴϬϱϬs&
ϲ
ϭϬϬdžϱϬ
ϲ͘ϬϬϬ
ϲϮϬϱϰϭϬϬϱϬ
ϲϮϬϱϰϭϬϬϱϬD
ϲϮϬϱϰϭϬϬϱϬ&
ϲϮϬϱϰϭϬϬϱϬs&
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
^ƚŬͬ͘ƉĐΎ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϲϯ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&/>>D>>EWK>/ZZͬ&>d&>Wt,>^
&ŝůnjůĂŵĞůůĞŶƉŽůŝĞƌĞƌ
&ĞůƚŇĂƉǁŚĞĞůƐ
Ğŝŵ&ŝůnjůĂŵĞůůĞŶƉŽůŝĞƌĞƌƐŝŶĚĞŝŶnjĞůŶĞ&ŝůnjůĂŵĞůůĞŶƌĂĚŝĂůƵŵĚĞŶ<ĞƌŶ
ĚĞƐtĞƌŬnjĞƵŐĞƐĂŶŐĞŽƌĚŶĞƚ͘ŝĞƐĞŶŽƌĚŶƵŶŐŐĞǁćŚƌůĞŝƐƚĞƚŚƂĐŚƐƚĞ
&ůĞdžŝďŝůŝćƚ͘ŝĞ&ŝůnjůĂŵĞůůĞŶƐŝŶĚŝŶnjǁĞŝ,ćƌƚĞŶĞƌŚćůƚůŝĐŚDĞĚŝƵŵ;,ϰϬͿ
ƵŶĚtĞŝĐŚ;,ϮϱͿ͘Ğƌ>ĂŵĞůůĞŶƉŽůŝĞƌĞƌƉĂƐƐƚƐŝĐŚĚĞŶ<ŽŶƚƵƌĞŶĚĞƐ
tĞƌŬƐƚƺĐŬĞƐĂŶ͕ĞŝŶĞsŝĞůnjĂŚůƵŶƚĞƌƐĐŚŝĞĚůŝĐŚĞƌ&ŽƌŵĞŶ͕ǁŝĞďĞŝŬŽŶǀĞŶͲ
ƟŽŶĞůůĞŶWŽůŝĞƌǁĞƌŬnjĞƵŐĞŶďĞŬĂŶŶƚ͕ǁŝƌĚŶŝĐŚƚŵĞŚƌďĞŶƂƟŐƚ͘
ŝƐĞŝŶƐĐŚůŝĞƘůŝĐŚĞŝŶĞŵƵƌĐŚŵĞƐƐĞƌǀŽŶϯϬŵŵƐĐŚůŝĞƘƚĚĞƌWŽůŝĞƌĞƌ
ďƺŶĚŝŐŵŝƚĚĞŵ<ĞƌŶĂď͘ďĞŝŶĞŵƵƌĐŚŵĞƐƐĞƌǀŽŶϰϬŵŵŚĂŶĚĞůƚĞƐ
ƐŝĐŚŚŝĞƌďĞŝƵŵĞŝŶĞdŽƉīŽƌŵ͘
Tdž,
ŵŵ
^ŚĂŌ
ƐŚĂŶŬ
ϮϬdžϭϬ
ϯ
ϮϬdžϮϬ
ϮϱdžϭϬ
^ŝŶŐůĞĨĞůƚƐůŝĐĞƐĂƌĞĂĚũƵƐƚĞĚƌĂĚŝĂůůLJĂƌŽƵŶĚƚŚĞƚŽŽůĐŽƌĞ͘dŚŝƐ
ĂĚũƵƐƚŵĞŶƚŐƵĂƌĂŶƚĞĞƐŚŝŐŚĞƐƚŇĞdžŝďŝůŝƚLJ͘dŚĞĨĞůƚƐůŝĐĞƐĂƌĞĂǀĂŝůĂďůĞŝŶ
ƚǁŽĚŝīĞƌĞŶƚŚĂƌĚŶĞƐƐĞƐ͗ŵĞĚŝƵŵ;,ϰϬͿĂŶĚƐŽŌ;,ϮϱͿ͘dŚĞĨĞůƚŇĂƉ
ǁŚĞĞůƐĂƌĞĂĚĂƉƟŶŐĞĂƐŝůLJƚŽĂŶLJŵŽƵůĚĐŽŶƚŽƵƌ͘
hƉƚŽĂĚŝĂŵĞƚĞƌŽĨϯϬŵŵƚŚĞĨĞůƚŇĂƉǁŚĞĞůŝƐŇƵƐŚǁŝƚŚƚŚĞĐŽƌĞ͘
&ƌŽŵĂĚŝĂŵĞƚĞƌŽĨϰϬŵŵƚŚĞŇĂƉǁŚĞĞůŝƐĂĐƵƉŐƌŝŶĚĞƌƚLJƉĞ͘
tĞŝĐŚ
ƐŽŌ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
ϭϭ͘ϬϬϬ
ϲϮϬϱϲϮϮϭ,Ϯ
ϲϮϬϱϲϮϮϭ,ϰ
ϯ
ϭϭ͘ϬϬϬ
ϲϮϬϱϲϮϮϮ,Ϯ
ϲϮϬϱϲϮϮϮ,ϰ
ϯ
ϭϬ͘ϳϬϬ
ϲϮϬϱϲϮϱϭ,Ϯ
ϲϮϬϱϲϮϱϭ,ϰ
ϮϱdžϮϬ
ϯ
ϭϬ͘ϳϬϬ
ϲϮϬϱϲϮϱϮ,Ϯ
ϲϮϬϱϲϮϱϮ,ϰ
ϮϱdžϯϬ
ϯ
ϭϬ͘ϳϬϬ
ϲϮϬϱϲϮϱϯ,Ϯ
ϲϮϬϱϲϮϱϯ,ϰ
ϯϬdžϭϬ
ϯ
ϭϬ͘ϱϬϬ
ϲϮϬϱϲϯϮϭ,Ϯ
ϲϮϬϱϲϯϮϭ,ϰ
ϯϬdžϮϬ
ϯ
ϭϬ͘ϱϬϬ
ϲϮϬϱϲϯϮϮ,Ϯ
ϲϮϬϱϲϯϮϮ,ϰ
ϰϬdžϮϬ
ϲ
ϵ͘ϬϬϬ
ϲϮϬϱϲϰϮϭ,Ϯ
ϲϮϬϱϲϰϮϭ,ϰ
ϰϬdžϯϬ
ϲ
ϵ͘ϬϬϬ
ϲϮϬϱϲϰϮϮ,Ϯ
ϲϮϬϱϲϰϮϮ,ϰ
ϱϬdžϮϬ
ϲ
ϴ͘ϬϬϬ
ϲϮϬϱϲϱϯϮ,Ϯ
ϲϮϬϱϲϱϯϮ,ϰ
ϱϬdžϯϬ
ϲ
ϴ͘ϬϬϬ
ϲϮϬϱϲϱϯϯ,Ϯ
ϲϮϬϱϲϱϯϯ,ϰ
ϲϬdžϯϬ
ϲ
ϳ͘ϬϬϬ
ϲϮϬϱϲϲϮϭ,Ϯ
ϲϮϬϱϲϲϮϭ,ϰ
ϲϬdžϰϬ
ϲ
ϳ͘ϬϬϬ
ϲϮϬϱϲϲϮϰ,Ϯ
ϲϮϬϱϲϲϮϰ,ϰ
ϴϬdžϱϬ
ϲ
ϲ͘ϬϬϬ
ϲϮϬϱϲϴϮϱ,Ϯ
ϲϮϬϱϲϴϮϱ,ϰ
^ƚŬͬ͘ƉĐΎ
WŽůŝĞƌƉĂƐƚĞ^͘ϭϳϳ
ƉŽůŝƐŚŝŶŐĐŽŵƉŽƵŶĚƉ͘ϭϳϳ
ϯŵŵ^ĐŚćŌĞƐŝŶĚĂƵĐŚŵŝƚϲŵŵůŝĞĨĞƌďĂƌ
ϯŵŵƐŚĂŶŬĂůƐŽĂǀĂŝůĂďůĞŽŶϲŵŵ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
&ŝůnjůĂŵĞůůĞŶƉŽůŝĞƌĞƌŝŶƺƌƐƚĞŶĨŽƌŵ
&ĞůƚŇĂƉďƌƵƐŚ
Tdž,
ŵŵ
^ŚĂŌ
ƐŚĂŶŬ
ϰϬdžϯϬ
ϲ
ϱϬdžϯϬ
ϲϬdžϯϬ
ƌĞŚnjĂŚůϯϬйǁĞŶŝŐĞƌĂůƐŵĂdž͘ƌĞŚnjĂŚů ƌŽƚĂƟŽŶϯϬйůĞƐƐƚŚĂŶƚŚĞŵĂdž͘ƌŽƚĂƟŽŶƐƉĞĞĚ
tĞŝĐŚ
ƐŽŌ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
ϵ͘ϬϬϬ
ϲϮϬϱϲϵϰϭ,Ϯ
ϲϮϬϱϲϵϰϭ,ϰ
ϲ
ϴ͘ϬϬϬ
ϲϮϬϱϲϵϱϭ,Ϯ
ϲϮϬϱϲϵϱϭ,ϰ
ϲ
ϳ͘ϬϬϬ
ϲϮϬϱϲϵϲϭ,^
ϲϮϬϱϲϵϲϭ,^ϰ
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
&ŝůnjůĂŵĞůůĞŶ^Ğƚ
&ĞůƚŇĂƉǁŚĞĞůƐŬŝƚ
/ŶŚĂůƚ͗
&ŝůnjůĂŵĞůůĞŶƉŽůŝĞƌĞƌ͗ϰϬdžϯϬdžϲŵŵŵĞĚŝƵŵͬǁĞŝĐŚ
&ŝůnjůĂŵĞůůĞŶƉŽůŝĞƌĞƌ͗ϮϬdžϮϬdžϲŵŵǁĞŝĐŚ
&ŝůnjůĂŵĞůůĞŶƉŽůŝĞƌĞƌŝŶƺƌƐƚĞŶĨŽƌŵ͗ϰϬdžϯϬdžϲŵŵǁĞŝĐŚ
&ŝůnjWŽůŝĞƌƌŽůůĞLJůŝŶĚĞƌͬ<ŽŶƵƐ͗ϭϯdžϮϱdžϯ͕ϮŵŵŵĞĚŝƵŵ
ϭWŽůŝĞƌƉĂƐƚĞ
Eƌͬ͘EŽ͘
ŽŶƚĞŶƚ͗
&ĞůƚŇĂƉǁŚĞĞůϰϬdžϯϬdžϲŵŵŵĞĚŝƵŵͬƐŽŌ
&ĞůƚŇĂƉǁŚĞĞůϮϬdžϮϬdžϲŵŵƐŽŌ
&ĞůƚŇĂƉďƌƵƐŚ͗ϰϬdžϯϬdžϲŵĞĚŝƵŵ
&ĞůƚĐĂƚƌŝĚŐĞƌŽůůƐĐLJůŝŶĚĞƌͬĐŽŶĞ͗ϭϯdžϮϱdžϯ͘ϮŵŵŵĞĚŝƵŵ
ϭƉŽůŝƐŚŝŶŐĐŽŵƉŽƵŶĚ
^ƚŬͬ͘ƉĐ
ϲϮϬϯϲ&>^Ϭϭ
^ĐŚůĞŝĨͲƵŶĚWŽůŝĞƌ^Ğƚ
'ƌŝŶĚŝŶŐĂŶĚƉŽůŝƐŚŝŶŐŬŝƚ
/ŶŚĂůƚ͗
sůŝĞƐĨćĐŚĞƌƐĐŚůĞŝĨĞƌ͗ϰϬdžϮϬdžϲŵŵŵĞĚŝƵŵͬĨĞŝŶͬƐĞŚƌĨĞŝŶ
ŬŽŵďŝŶŝĞƌƚĞƌ&ćĐŚĞƌƐĐŚůĞŝĨĞƌ͗ϰϬdžϮϬdžϲŵŵŐƌŽď
&ćĐŚĞƌƐĐŚůĞŝĨĞƌ͗ϰϬdžϮϬdžϲŵŵ<ϭϮϬ
>ĂŵĞůůĞŶŚƺůƐĞ͗ϰϱdžϮϬdžϲŵŵ<ϲϬ
&ŝůnjůĂŵĞůůĞŶƉŽůŝĞƌĞƌ͗ϰϬdžϮϬdžϲŵŵ
&ŝůnjůĂŵĞůůĞŶƉŽůŝĞƌĞƌŝŶƺƌƐƚĞŶĨŽƌŵ͗ϰϬdžϮϬdžϲŵŵ
ŐĞƉƌĞƐƐƚĞƌsůŝĞƐƐĐŚůĞŝĨĞƌ͗ϰϬdžϭϮdžϲŵŵ^ŝƐĞŚƌĨĞŝŶ
Ϯ^ĐŚůĞŝĨͲƵŶĚWŽůŝĞƌƉĂƐƚĞŶ
Eƌͬ͘EŽ͘
ŽŶƚĞŶƚ͗
EŽŶͲǁŽǀĞŶŇĂƉǁŚĞĞů͗ϰϬdžϮϬdžϲŵŵŵĞĚŝƵŵͬĮŶĞͬǀĞƌLJĮŶĞ
/ŶƚĞƌͲůĞĂǀĞĚŶŽŶͲǁŽǀĞŶŇĂƉǁŚĞĞů͗ϰϬdžϮϬdžϲŵŵĐŽĂƌƐĞ
&ůĂƉǁŚĞĞů͗ϰϬdžϮϬdžϲŵŵ<ϭϮϬ
ďƌĂƐŝǀĞŇĂƉďĂŶĚ͗ϰϱdžϮϬdžϲŵŵ<ϲϬ
&ĞůƚŇĂƉ͗ϰϬdžϮϬdžϲŵŵ
&ĞůƚŇĂƉďƌƵƐŚ͗ϰϬdžϮϬdžϲŵŵ
hŶŝƟnjĞĚĮŶŝƐŚŝŶŐǁŚĞĞů͗ϰϬdžϭϮdžϲŵŵ^ŝǀĞƌLJĮŶĞ
ϮŐƌŝŶĚŝŶŐͬƉŽůŝƐŚŝŶŐĐŽŵƉŽƵŶĚƐ
^ƚŬͬ͘ƉĐ
ϲϮϬ^hWϬϭ
ϲϰ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
^ĞůďƐƚŬůĞďĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕EŽƌŵĂůŬŽƌƵŶĚ
^ĞůĨͲĂĚŚĞƐŝǀĞĂďƌĂƐŝǀĞĚŝƐĐƐ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
T
ŵŵ
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϱϬ
<ϭϴϬ
<ϮϰϬ
<ϯϮϬ
<ϰϬϬ
WĂĐŬΎ
ϭϮ
ϭϮ͘ϬϬϬ
ϲϯϭϮϲϭͬϬϲ
ϲϯϭϮϲϭͬϬϴ
ϲϯϭϮϲϭͬϭϮ
ϲϯϭϮϲϭͬϭϱ
ϲϯϭϮϲϭͬϭϴ
ϲϯϭϮϲϭͬϮϰ
Ͷ
Ͷ
ϮϬ
ϭϮ͘ϬϬϬ
ϲϯϭϮϲϮͬϬϲ
ϲϯϭϮϲϮͬϬϴ
ϲϯϭϮϲϮͬϭϮ
ϲϯϭϮϲϮͬϭϱ
ϲϯϭϮϲϮͬϭϴ
ϲϯϭϮϲϮͬϮϰ
ϲϯϭϮϲϮͬϯϮ
ϲϯϭϮϲϮͬϰϬ
ϯϯ
ϭϮ͘ϬϬϬ
ϲϯϭϮϲϯͬϬϲ
ϲϯϭϮϲϯͬϬϴ
ϲϯϭϮϲϯͬϭϮ
ϲϯϭϮϲϯͬϭϱ
ϲϯϭϮϲϯͬϭϴ
ϲϯϭϮϲϯͬϮϰ
ϲϯϭϮϲϯͬϯϮ
ϲϯϭϮϲϯͬϰϬ
ϰϴ
ϭϬ͘ϬϬϬ
ϲϯϭϮϲϰͬϬϲ
ϲϯϭϮϲϰͬϬϴ
ϲϯϭϮϲϰͬϭϮ
ϲϯϭϮϲϰͬϭϱ
ϲϯϭϮϲϰͬϭϴ
ϲϯϭϮϲϰͬϮϰ
ϲϯϭϮϲϰͬϯϮ
ϲϯϭϮϲϰͬϰϬ
ϲϯ
ϴ͘ϬϬϬ
ϲϯϭϮϲϱͬϬϲ
ϲϯϭϮϲϱͬϬϴ
ϲϯϭϮϲϱͬϭϮ
ϲϯϭϮϲϱͬϭϱ
ϲϯϭϮϲϱͬϭϴ
ϲϯϭϮϲϱͬϮϰ
ϲϯϭϮϲϱͬϯϮ
ϲϯϭϮϲϱͬϰϬ
ϳϴ
ϲ͘ϬϬϬ
ϲϯϭϮϲϲͬϬϲ
ϲϯϭϮϲϲͬϬϴ
ϲϯϭϮϲϲͬϭϮ
ϲϯϭϮϲϲͬϭϱ
ϲϯϭϮϲϲͬϭϴ
ϲϯϭϮϲϲͬϮϰ
ϲϯϭϮϲϲͬϯϮ
ϲϯϭϮϲϲͬϰϬ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^>^d<>E^,>/&>ddZͬ^>&ͳ,^/s/^^
ΎWĂĐŬϭϬϬ^ƚŬͬ͘ƉĂĐŬϭϬϬƉĐƐ͘
^ĞůďƐƚŬůĞďĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕^ŝ
^ĞůĨͲĂĚŚĞƐŝǀĞĂďƌĂƐŝǀĞĚŝƐĐƐ͕^ŝ
ϱϱϯϬϱϯϬϯ
T
ŵŵ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
<ϯϮϬ
<ϰϬϬ
<ϲϬϬ
<ϴϬϬ
WĂĐŬΎ
ϭϭ
ϭϮ͘ϬϬϬ
ϱϱϯϬϱϯϬϭͬϬϴ
ϱϱϯϬϱϯϬϭͬϭϮ
ϱϱϯϬϱϯϬϭͬϭϴ
ϱϱϯϬϱϯϬϭͬϯϮ
ϱϱϯϬϱϯϬϭͬϰϬ
ϱϱϯϬϱϯϬϭͬϲϬ
ϱϱϯϬϱϯϬϭͬϴϬ
Ϯϭ
ϭϮ͘ϬϬϬ
ϱϱϯϬϱϯϬϮͬϬϴ
ϱϱϯϬϱϯϬϮͬϭϮ
ϱϱϯϬϱϯϬϮͬϭϴ
ϱϱϯϬϱϯϬϮͬϯϮ
ϱϱϯϬϱϯϬϮͬϰϬ
ϱϱϯϬϱϯϬϮͬϲϬ
ϱϱϯϬϱϯϬϮͬϴϬ
ϯϭΎΎ
ϭϮ͘ϬϬϬ
ϱϱϯϬϱϯϬϯͬϬϴ
ϱϱϯϬϱϯϬϯͬϭϮ
ϱϱϯϬϱϯϬϯͬϭϴ
ϱϱϯϬϱϯϬϯͬϯϮ
ϱϱϯϬϱϯϬϯͬϰϬ
ϱϱϯϬϱϯϬϯͬϲϬ
ϱϱϯϬϱϯϬϯͬϴϬ
ΎWĂĐŬϭϬϬ^ƚŬͬ͘ƉĂĐŬϭϬϬƉĐƐ
ΎΎdƌćŐĞƌϲϯϭϮϲϯ^ǀĞƌǁĞŶĚĞŶͬƵƐĞǁŝƚŚŚŽůĚĞƌϲϯϭϮϲϯ^
'ƵŵŵŝƚƌćŐĞƌĨƺƌƐĞůďƐƚŬůĞďĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ
,ŽůĚĞƌƐĨŽƌƐĞůĨͲĂĚŚĞƐŝǀĞĚŝƐĐƐ
T
ŵŵ
^ĐŚĂŌ Eƌͬ͘EŽ͘ ^ƚŬͬ͘ƉĐ
ƐŚĂŶŬ
ϭϬ
ϭϮ͘ϬϬϬ
ϯ
ϲϯϭϮϲϭ
ϭϴ
ϭϬ͘ϬϬϬ
ϯ
ϲϯϭϮϲϮ
ϯϬ
ϭϬ͘ϬϬϬ
ϯ
ϲϯϭϮϲϯ
ϯϬΎ
ϭϬ͘ϬϬϬ
ϯ
ϲϯϭϮϲϯ^
ϰϱ
ϰ͘ϱϬϬ
ϲ
ϲϯϭϮϲϰ
ϲϬ
ϯ͘ϴϬϬ
ϲ
ϲϯϭϮϲϱ
ϳϱ
ϯ͘ϯϬϬ
ϲ
ϲϯϭϮϲϲ
ΎŵŝƚĞŶƚƌŝĞƌƵŶŐͬǁŝƚŚĂůŝŐŶŵĞŶƚ
^ĞůďƐƚŬůĞďĞŶĚĞ&ŝůnjƐĐŚĞŝďĞŶ
^ĞůĨͲĂĚŚĞƐŝǀĞĨĞůƚĚŝƐĐƐ
ϲϯϭϮϲϯ^
&ŝůnjƐĐŚĞŝďĞŶ͕tŽůůĮůnj
&ĞůƚĚŝƐĐƐ͕ǁŚŝƚĞǁŽŽů
ŝĞ&ŝůnjƐĐŚĞŝďĞŶƐŝŶĚŽƉƟŵĂůĨƺƌĚĂƐ
KďĞƌŇćĐŚĞŶĮŶŝƐŚŝŶŐ͘
&ĞůƚĚŝƐĐƐĂƌĞĞdžĐĞůůĞŶƚĨŽƌƚŚĞƐƵƌĨĂĐĞ
ĮŶŝƐŚŝŶŐ͘
T
ŵŵ
Eƌͬ͘EŽ͘
WĂĐŬ
T
ŵŵ
Eƌͬ͘EŽ͘
ϭϮ
ϭϮ͘ϬϬϬ
ϲϯϭϮϴϭ
ϭϵ
ϭϮ͘ϬϬϬ
ϲϯϭϮϱϭͬ&
ϮϬ
ϭϮ͘ϬϬϬ
ϲϯϭϮϴϮ
ϯϭ
ϭϮ͘ϬϬϬ
ϲϯϭϮϱϮͬ&
ϯϯ
ϭϮ͘ϬϬϬ
ϲϯϭϮϴϯ
ϰϲ
ϭϬ͘ϬϬϬ
ϲϯϭϮϱϯͬ&
ϲϭ
ϴ͘ϬϬϬ
ϲϯϭϮϱϰͬ&
ϳϲ
ϴ͘ϬϬϬ
ϲϯϭϮϱϱͬ&
ΎWĂĐŬϮϬ^ƚŬͬ͘ƉĂĐŬϮϬƉĐƐ͘
ΎWĂĐŬϭϬ^ƚŬͬ͘ƉĂĐŬϭϬƉĐƐ͘
WĂĐŬ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϲϱ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^,>/&>ddZͬ'Z/E/E'/^^
&ŝƚŝƐĐ͕ĞůĂƐƟƐĐŚĞƌhŶŝǀĞƌƐĂůƐĐŚůĞŝĨĞƌ
&ŝƚŝƐĐ͕ĞůĂƐƟĐƵŶŝǀĞƌƐĂůŐƌŝŶĚĞƌ
DŝƚĚĞŶhŶŝǀĞƌƐĂůƐĐŚůĞŝĨĞƌŶŬĂŶŶĞŝŶĞdŽƉͲKďĞƌŇćĐŚĞĂƵĨĂůůĞŶDĞƚĂůůĞŶ͕
ĚĞůƐƚćŚůĞŶƵŶĚůƵŵŝŶŝƵŵĞƌnjĞƵŐƚǁĞƌĚĞŶ͘
/ŶĨŽƌŵĂƟŽŶĞŶnjƵ/tWƌŽĚƵŬƚĞŶĮŶĚĞŶ^ŝĞĂƵĨ^ĞŝƚĞϰϬ͘
ĞdžĐĞůůĞŶƚƐƵƌĨĂĐĞŽŶĂůůŵĞƚĂůƐ͕ƐƚĂŝŶůĞƐƐƐƚĞĞůƐĂŶĚĂůƵŵŝŶŝƵŵĐĂŶďĞ
ƉƌŽĚƵĐĞĚďLJƚŚŝƐƵŶŝǀĞƌƐĂůŐƌŝŶĚĞƌ͘
/ŶĨŽƌŵĂƟŽŶĂďŽƵƚ/tƉƌŽĚƵĐƚƐĂƌĞŽŶƉĂŐĞϰϬ͘
T
ŵŵ
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
ϲϯϭϮϵϭ
<ϮϰϬ
<ϯϮϬ
^ƚŬͬ͘ƉĐΎ
ϮϬ
ϭϮ͘ϬϬϬ
ϲϯϭϮϵϭͬϬϲ
ϲϯϭϮϵϭͬϬϴ
ϲϯϭϮϵϭͬϭϮ
ϲϯϭϮϵϭͬϭϴ
ϲϯϭϮϵϭͬϮϰ
ϲϯϭϮϵϭͬϯϮ
ϯϯΎΎ
ϭϮ͘ϬϬϬ
ϲϯϭϮϵϮͬϬϲ
ϲϯϭϮϵϮͬϬϴ
ϲϯϭϮϵϮͬϭϮ
ϲϯϭϮϵϮͬϭϴ
ϲϯϭϮϵϮͬϮϰ
ϲϯϭϮϵϮͬϯϮ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ΎΎdƌćŐĞƌϲϯϭϮϲϯ^ǀĞƌǁĞŶĚĞŶͬƵƐĞǁŝƚŚŚŽůĚĞƌϲϯϭϮϲϯ^
ϲϯϭϮϵϮ
&ŝƚŝƐĐͲ^Ğƚ
&ŝƚŝƐĐŬŝƚ
ĂƐ^ĞƚďĞƐƚĞŚƚĂƵƐũĞϮ^ĐŚĞŝďĞŶĚĞƐƵƌĐŚŵĞƐƐĞƌƐϯϬŵŵŝŶĂůůĞŶ
<ƂƌŶƵŶŐĞŶƵŶĚĞŝŶĞŵƐƉĞnjŝĂů'ƵŵŵŝƚƌćŐĞƌ͘
dŚĞŬŝƚĐŽŶƚĂŝŶƐϮĚŝƐĐƐǁŝƚŚĂĚŝĂŵĞƚĞƌŽĨϯϬŵŵŝŶĞĂĐŚŐƌŝƚĂŶĚĂ
ƐƉĞĐŝĂůŚŽůĚĞƌ͘
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲϯϭϮϵϬ&^
^ĞůďƐƚŬůĞďĞŶĚĞŝĂŵĂŶƚ^ĐŚůĞŝĩůćƩĞƌ
^ĞůĨͲĂĚŚĞƐŝǀĞĂďƌĂƐŝǀĞĚŝƐĐƐ͕ĚŝĂŵŽŶĚ
ŝĂŵŽŶĚŐƌŝŶĚŝŶŐĚŝƐĐƐƐŚŽƵůĚďĞƵƐĞĚǁĞƚ͕ĨŽƌĂŵƵĐŚůŽŶŐĞƌ
ĚƵƌĂďŝůŝƚLJ͘
ŝĂŵĂŶƚ^ĐŚůĞŝĩůćƩĞƌƐŽůůƚĞŶŝŵŵĞƌŝŵEĂƐƐƐĐŚůŝīǀĞƌĨĂŚƌĞŶ
ǀĞƌǁĞŶĚĞƚǁĞƌĚĞŶ͕ĚĂĚƵƌĐŚǁŝƌĚĚŝĞ^ƚĂŶĚnjĞŝƚĚĞƐtĞƌŬnjĞƵŐĞƐ
ĚĞƵƚůŝĐŚǀĞƌůćŶŐĞƌƚ͘
T
ŵŵ
<ϲϬ
ŐƌƺŶ
<ϭϮϬ
ƐĐŚǁĂƌnj
<ϮϮϬ
ƌŽƚ
<ϯϮϬ
ůŝůĂ
<ϰϬϬŐĞůď
<ϲϬϬ
ǁĞŝƘ
<ϭϬϬϬ
ďůĂƵ
<ϴϬϬϬ
ŽƌĂŶŐĞ
ϲϯϭϰϭϭͬϬϲ
ϲϯϭϰϭϭͬϭϮ
ϲϯϭϰϭϭͬϮϮ
ϲϯϭϰϭϭͬϯϮ
ϲϯϭϰϭϭͬϰϬ
ϲϯϭϰϭϭͬϲϬ
ϲϯϭϰϭϭͬϭϬϬ
ϲϯϭϰϭϭͬϴϬϬ
ϮϬ
ϭϮ͘ϬϬϬ
ϯϯ
ϭϮ͘ϬϬϬ
ϲϯϭϰϭϮͬϬϲ
ϲϯϭϰϭϮͬϭϮ
ϲϯϭϰϭϮͬϮϮ
ϲϯϭϰϭϮͬϯϮ
ϲϯϭϰϭϮͬϰϬ
ϲϯϭϰϭϮͬϲϬ
ϲϯϭϰϭϮͬϭϬϬ
ϲϯϭϰϭϮͬϴϬϬ
ϰϴ
ϴ͘ϬϬϬ
ϲϯϭϰϭϯͬϬϲ
ϲϯϭϰϭϯͬϭϮ
ϲϯϭϰϭϯͬϮϮ
ϲϯϭϰϭϯͬϯϮ
ϲϯϭϰϭϯͬϰϬ
ϲϯϭϰϭϯͬϲϬ
ϲϯϭϰϭϯͬϭϬϬ
ϲϯϭϰϭϯͬϴϬϬ
ϳϱ
ϲ͘ϬϬϬ
ϲϯϭϰϭϰͬϬϲ
ϲϯϭϰϭϰͬϭϮ
ϲϯϭϰϭϰͬϮϮ
ϲϯϭϰϭϰͬϯϮ
ϲϯϭϰϭϰͬϰϬ
ϲϯϭϰϭϰͬϲϬ
ϲϯϭϰϭϰͬϭϬϬ
ϲϯϭϰϭϰͬϴϬϬ
^ƚŬͬ͘ƉĐ
<ůĞƩƌƺĐŬĞŶĂƵĨŶĨƌĂŐĞ
ǀĞůĐƌŽďĂĐŬŝŶŐŽŶƌĞƋƵĞƐƚ
ǁĞŝƚĞƌĞďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
ŝĂŵĂŶƚͲ^ĐŚůĞŝĩůćƩĞƌͲ^Ğƚ
ŝĂŵŽŶĚͲĚŝƐĐƐŬŝƚ
ĂƐ^ĞƚďĞƐƚĞŚƚĂƵƐϳ^ĐŚĞŝďĞŶĚĞƐƵƌĐŚŵĞƐƐĞƌƐϯϯŵŵŝŶĚĞŶ
<ƂƌŶƵŶŐĞŶϲϬͲϭ͘ϬϬϬƵŶĚĞŝŶĞŵ'ƵŵŵŝƚƌćŐĞƌ͘
dŚĞŬŝƚĐŽŶƚĂŝŶƐϳĚŝƐĐƐǁŝƚŚĂĚŝĂŵĞƚĞƌŽĨϯϯŵŵŝŶƚŚĞŐƌŝƚϲϬͲϭ͕ϬϬϬ
ĂŶĚĂŚŽůĚĞƌ͘
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲϯϭϰϭϬ^^
ϲϲ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
'hDD/dZ'Zͬ,K>Z^
^ĞůďƐƚŚĂŌĞŶĚĞ;<ůĞƩͿ^ĐŚůĞŝĩůćƩĞƌ͕EŽƌŵĂůŬŽƌƵŶĚ
^ĞůĨͲĂĚŚĞƐŝǀĞĂďƌĂƐŝǀĞĚŝƐĐƐǁŝƚŚǀĞůĐƌŽďĂĐŬŝŶŐ
T
ŵŵ
<ϲϬ
<ϭϱϬ
<ϮϰϬ
<ϯϮϬ
<ϰϬϬ
<ϲϬϬ
ϮϬ
ϲϯϭϮϱϭͬϬϲ
ϲϯϭϮϱϭͬϭϱ
ϲϯϭϮϱϭͬϮϰ
ϲϯϭϮϱϭͬϯϮ
Ͷ
Ͷ
ϯϯ
ϲϯϭϮϱϮͬϬϲ
ϲϯϭϮϱϮͬϭϱ
ϲϯϭϮϱϮͬϮϰ
ϲϯϭϮϱϮͬϯϮ
ϲϯϭϮϱϮͬϰϬ
ϲϯϭϮϱϮͬϲϬ
ϰϴ
ϲϯϭϮϱϯͬϬϲ
ϲϯϭϮϱϯͬϭϱ
ϲϯϭϮϱϯͬϮϰ
ϲϯϭϮϱϯͬϯϮ
ϲϯϭϮϱϯͬϰϬ
ϲϯϭϮϱϯͬϲϬ
ϲϯ
ϲϯϭϮϱϰͬϬϲ
ϲϯϭϮϱϰͬϭϱ
ϲϯϭϮϱϰͬϮϰ
ϲϯϭϮϱϰͬϯϮ
ϲϯϭϮϱϰͬϰϬ
ϲϯϭϮϱϰͬϲϬ
ϳϴ
ϲϯϭϮϱϱͬϬϲ
ϲϯϭϮϱϱͬϭϱ
ϲϯϭϮϱϱͬϮϰ
ϲϯϭϮϱϱͬϯϮ
ϲϯϭϮϱϱͬϰϬ
ϲϯϭϮϱϱͬϲϬ
WĂĐŬΎ
ΎWĂĐŬϭϬϬ^ƚŬͬ͘ƉĂĐŬϭϬϬƉĐƐ͘
ǁĞŝƚĞƌĞďŵĞƐƐƵŶŐĞŶĂƵĨŶĨƌĂŐĞ
ŽƚŚĞƌĚŝŵĞŶƐŝŽŶƐŽŶƌĞƋƵĞƐƚ
'ƵŵŵŝƚƌćŐĞƌŵŝƚ<ƵŶƐƚƐƚŽĭĂŬĞŶ
,ŽůĚĞƌǁŝƚŚƉůĂƐƟĐŚŽŽŬƐ
'ƵŵŵŝƚƌćŐĞƌŵŝƚDĞƚĂůůŚĂŬĞŶ
,ŽůĚĞƌǁŝƚŚŵĞƚĂůŚŽŽŬƐ
dƌćŐĞƌĨƺƌƐĞůďƐƚŚĂŌĞŶĚĞ<ůĞƩͲ^ĐŚůĞŝĩůćƩĞƌ͘
,ŽůĚĞƌƐĨŽƌƐĞůĨͲĂĚŚĞƐŝǀĞĂďƌĂƐŝǀĞĚŝƐĐƐǁŝƚŚǀĞůĐƌŽďĂĐŬŝŶŐ͘
dƌćŐĞƌĨƺƌƐĞůďƐƚŚĂŌĞŶĚĞ<ůĞƩͲ^ĐŚůĞŝĩůćƩĞƌ͘
,ŽůĚĞƌƐĨŽƌƐĞůĨͲĂĚŚĞƐŝǀĞĂďƌĂƐŝǀĞĚŝƐĐƐǁŝƚŚǀĞůĐƌŽďĂĐŬŝŶŐ͘
T
ŵŵ
^ĐŚĂŌ Eƌͬ͘EŽ͘ ^ƚŬͬ͘ƉĐ
ƐŚĂŶŬ
T
ŵŵ
^ĐŚĂŌ Eƌͬ͘EŽ͘
ƐŚĂŶŬ
ϭϴ
ϯ
ϭϬ͘ϬϬϬ
ϲϯϭϮϱϭ<
ϭϴ
ϯ
ϮϬ͘ϬϬϬ
ϲϯϭϮϱϭD
ϯϬ
ϯ
ϭϬ͘ϬϬϬ
ϲϯϭϮϱϮ<
ϯϬ
ϯ
ϭϮ͘ϱϬϬ
ϲϯϭϮϱϮD
ϯϬ
ϲ
ϭϮ͘ϱϬϬ
ϲϯϭϮϱϮ<^
ϯϬ
ϲ
ϭϮ͘ϱϬϬ
ϲϯϭϮϱϮD^
ϰϱ
ϲ
ϭϬ͘ϬϬϬ
ϲϯϭϮϱϯ<
ϲϬ
ϲ
ϴ͘ϬϬϬ
ϲϯϭϮϱϰ<
ϳϱ
ϲ
ϲ͘ϬϬϬ
ϲϯϭϮϱϱ<
^ƚŬͬ͘ƉĐ
ΎsWϱ^ƚŬͬ͘ƉƵϱƉĐƐ͘
^ĐŚůĞŝĨƂů͕^͘ϭϮϱ
'ƌŝŶĚŝŶŐŇƵŝĚ͕Ɖ͘ϭϮϱ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϲϳ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^>^d^WEEE^,>/&>ddZͬYh/<ͳ,E'/^^
^ĞůďƐƚƐƉĂŶŶĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕EŽƌŵĂůŬŽƌƵŶĚ
YƵŝĐŬͲĐŚĂŶŐĞĚŝƐĐƐ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
&ƺƌĚĞŶ&ůćĐŚĞŶƐĐŚůŝīĂƵĨĂůůĞŶDĞƚĂůůĞŶ͘
&ŽƌƐƵƌĨĂĐĞŐƌŝŶĚŝŶŐŽŶĂůůŵĞƚĂůƐ͘
ďď͘dLJƉ^
ĮŐ͘ƚLJƉĞ^
dLJƉ^ͬƚLJƉĞ^
T
ŵŵ
<ϯϲ
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
<ϮϰϬ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϮϬ
Ͷ
ϲϯϭϰϮϭͬϲϬ
ϲϯϭϰϮϭͬϴϬ
ϲϯϭϰϮϭͬϭϮϬ
Ͷ
Ͷ
ϭϬϬ
Ϯϱ
ϲϯϭϰϮϮͬϯϲ
ϲϯϭϰϮϮͬϲϬ
ϲϯϭϰϮϮͬϴϬ
ϲϯϭϰϮϮͬϭϮϬ
Ͷ
ϲϯϭϰϮϮͬϮϰϬ
ϭϬϬ
ϯϴ
ϲϯϭϰϮϯͬϯϲ
ϲϯϭϰϮϯͬϲϬ
ϲϯϭϰϮϯͬϴϬ
ϲϯϭϰϮϯͬϭϮϬ
ϲϯϭϰϮϯͬϭϴϬ
ϲϯϭϰϮϯͬϮϰϬ
ϭϬϬ
ϱϬ
ϲϯϭϰϮϰͬϯϲ
ϲϯϭϰϮϰͬϲϬ
ϲϯϭϰϮϰͬϴϬ
ϲϯϭϰϮϰͬϭϮϬ
ϲϯϭϰϮϰͬϭϴϬ
ϲϯϭϰϮϰͬϮϰϬ
ϭϬϬ
ϳϱ
ϲϯϭϰϮϱͬϯϲ
ϲϯϭϰϮϱͬϲϬ
ϲϯϭϰϮϱͬϴϬ
ϲϯϭϰϮϱͬϭϮϬ
ϲϯϭϰϮϱͬϭϴϬ
ϲϯϭϰϮϱͬϮϰϬ
ϱϬ
dLJƉZͬƚLJƉĞZ
T
ŵŵ
<ϯϲ
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
<ϮϰϬ
<ϯϮϬ
^ƚŬͬ͘ƉĐ
ϮϬ
Ͷ
ϲϯϭϰϯϭͬϲϬ
ϲϯϭϰϯϭͬϴϬ
ϲϯϭϰϯϭͬϭϮϬ
ϲϯϭϰϯϭͬϭϴϬ
Ͷ
ϲϯϭϰϯϭͬϯϮϬ
ϭϬϬ
Ϯϱ
Ͷ
ϲϯϭϰϯϮͬϲϬ
ϲϯϭϰϯϮͬϴϬ
ϲϯϭϰϯϮͬϭϮϬ
ϲϯϭϰϯϮͬϭϴϬ
ϲϯϭϰϯϮͬϮϰϬ
ϲϯϭϰϯϮͬϯϮϬ
ϭϬϬ
ϯϴ
ϲϯϭϰϯϯͬϯϲ
ϲϯϭϰϯϯͬϲϬ
ϲϯϭϰϯϯͬϴϬ
ϲϯϭϰϯϯͬϭϮϬ
ϲϯϭϰϯϯͬϭϴϬ
ϲϯϭϰϯϯͬϮϰϬ
ϲϯϭϰϯϯͬϯϮϬ
ϭϬϬ
ϱϬ
ϲϯϭϰϯϰͬϯϲ
ϲϯϭϰϯϰͬϲϬ
ϲϯϭϰϯϰͬϴϬ
ϲϯϭϰϯϰͬϭϮϬ
ϲϯϭϰϯϰͬϭϴϬ
ϲϯϭϰϯϰͬϮϰϬ
ϲϯϭϰϯϰͬϯϮϬ
ϭϬϬ
ϳϱ
ϲϯϭϰϯϱͬϯϲ
ϲϯϭϰϯϱͬϲϬ
ϲϯϭϰϯϱͬϴϬ
ϲϯϭϰϯϱͬϭϮϬ
ϲϯϭϰϯϱͬϭϴϬ
ϲϯϭϰϯϱͬϮϰϬ
ϲϯϭϰϯϱͬϯϮϬ
ϱϬ
^ĞůďƐƚƐƉĂŶŶĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕EŽƌŵĂůŬŽƌƵŶĚŽŚŶĞďď͘
YƵŝĐŬͲĐŚĂŶŐĞĚŝƐĐƐ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞǁŝƚŚŽƵƚĮŐ͘
DŝƚǀĞƌƐƚćƌŬƚĞŵdƌćŐĞƌĨƺƌĚĞŶ<ĂŶƚĞŶƐĐŚůŝīĂƵĨĂůůĞŶDĞƚĂůůĞŶ͘
sWͬƉƵ
tŝƚŚƌĞŝŶĨŽƌĐĞĚĨĂďƌŝĐŝĚĞĂůĨŽƌĞĚŐĞŐƌŝŶĚŝŶŐŽŶĂůůŵĞƚĂůƐ͘
dLJƉ^ͬƚLJƉĞ^
T
ŵŵ
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
<ϮϰϬ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
Ϯϱ
ϲϯϭϰϰϭͬϲϬ
ϲϯϭϰϰϭͬϴϬ
ϲϯϭϰϰϭͬϭϮϬ
ϲϯϭϰϰϭͬϭϴϬ
ϲϯϭϰϰϭͬϮϰϬ
ϭϬϬ
ϯϴ
ϲϯϭϰϰϮͬϲϬ
ϲϯϭϰϰϮͬϴϬ
ϲϯϭϰϰϮͬϭϮϬ
Ͷ
Ͷ
ϭϬϬ
ϱϬ
ϲϯϭϰϰϯͬϲϬ
ϲϯϭϰϰϯͬϴϬ
ϲϯϭϰϰϯͬϭϮϬ
ϲϯϭϰϰϯͬϭϴϬ
ϲϯϭϰϰϯͬϮϰϬ
ϭϬϬ
ϳϱ
ϲϯϭϰϰϯͬϲϬ
ϲϯϭϰϰϰͬϴϬ
Ͷ
Ͷ
Ͷ
^ŝĂƵĨŶĨƌĂŐĞ
^ŝŽŶƌĞƋƵĞƐƚ
ϱϬ
dƌćŐĞƌ^͘ϳϬ
ŚŽůĚĞƌƉ͘ϳϬ
^ĞůďƐƚƐƉĂŶŶĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕ŝƌŬŽŶŬŽƌƵŶĚ
YƵŝĐŬͲĐŚĂŶŐĞĚŝƐĐƐ͕ĐŝƌĐŽŶŝƵŵ
džĐĞůůĞŶƚĨŽƌǁŽƌŬŽŶƐƚĂŝŶůĞƐƐƐƚĞĞůĂŶĚŚĂƌĚͲƚŽͲŵĂĐŚŝŶĞŵĞƚĂůƐ͘
&ƺƌƌŽƐƞƌĞŝĞ^ƚćŚůĞƵŶĚƐĐŚǁĞƌnjĞƌƐƉĂŶďĂƌĞDĞƚĂůůĞ͘
dLJƉ^͕ŵŝƚDĞƚĂůůŐĞǁŝŶĚĞͬƚLJƉĞ^ǁŝƚŚŵĞƚĂůƚŚƌĞĂĚ
T
ŵŵ
<ϯϲ
<ϲϬ
<ϴϬ
<ϭϮϬ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
Ϯϱ
Ͷ
ϲϯϭϰϱϭͬϲϬ
ϲϯϭϰϱϭͬϴϬ
Ͷ
ϭϬϬ
ϯϴ
Ͷ
ϲϯϭϰϱϮͬϲϬ
ϲϯϭϰϱϮͬϴϬ
Ͷ
ϭϬϬ
ϱϬ
ϲϯϭϰϱϯͬϯϲ
ϲϯϭϰϱϯͬϲϬ
ϲϯϭϰϱϯͬϴϬ
ϲϯϭϰϱϯͬϭϮϬ
ϳϱ
ϲϯϭϰϱϰͬϯϲ
ϲϯϭϰϱϰͬϲϬ
ϲϯϭϰϱϰͬϴϬ
ϲϯϭϰϱϰͬϭϮϬ
ϭϬϬ
ϱϬ
ďď͘dLJƉ^
ĮŐ͘ƚLJƉĞ^
dLJƉZ͕ŵŝƚ<ƵŶƐƚƐƚŽīŐĞǁŝŶĚĞͬƚLJƉĞZ͕ǁŝƚŚƉůĂƐƟĐƚŚƌĞĂĚ
T
ŵŵ
<ϯϲ
<ϲϬ
<ϴϬ
^ƚŬͬ͘ƉĐ
ϯϴ
ϲϯϭϰϱϱͬϯϲ
ϲϯϭϰϱϱͬϲϬ
ϲϯϭϰϱϱͬϴϬ
ϭϬϬ
ϱϬ
ϲϯϭϰϱϲͬϯϲ
ϲϯϭϰϱϲͬϲϬ
ϲϯϭϰϱϲͬϴϬ
ϭϬϬ
ϳϱ
ϲϯϭϰϱϳͬϯϲ
ϲϯϭϰϱϳͬϲϬ
ϲϯϭϰϱϳͬϴϬ
sWͬƉƵ
ϱϬ
ϲϴ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ďď͘dLJƉZ
ĮŐ͘ƚLJƉĞZ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^>^d^WEEE^,>/&>ddZͬYh/<ͳ,E'/^^
^ĞůďƐƚƐƉĂŶŶĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕<ĞƌĂŵŝŬŬŽƌŶ
YƵŝĐŬͲĐŚĂŶŐĞĚŝƐĐƐ͕ĐĞƌĂŵŝĐ
džĐĞůůĞŶƚĨŽƌĂůůƐƚĞĞůƐ͕ŚŝŐŚĞƐƚƐƚŽĐŬƌĞŵŽǀĂů͕
ŶŽĐůŽŐŐŝŶŐ͕ĐŽŽůŐƌŝŶĚŝŶŐ͘
&ƺƌĂůůĞ^ƚćŚůĞ͕ŚƂĐŚƐƚĞďƚƌĂŐƐůĞŝƐƚƵŶŐ͕ŬĞŝŶƵƐĞƚnjĞŶ͕
ŬƺŚůĞƌ^ĐŚůŝī͘
dLJƉ^ͬƚLJƉĞ^
T
ŵŵ
<ϯϲ
<ϲϬ
<ϴϬ
<ϭϮϬ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϯϴ
ϲϯϭϰϲϭͬϯϲ
ϲϯϭϰϲϭͬϲϬ
ϲϯϭϰϲϭͬϴϬ
ϲϯϭϰϲϭͬϭϮϬ
ϭϬϬ
ϱϬ
ϲϯϭϰϲϮͬϯϲ
ϲϯϭϰϲϮͬϲϬ
ϲϯϭϰϲϮͬϴϬ
ϲϯϭϰϲϮͬϭϮϬ
ϭϬϬ
ϳϱ
ϲϯϭϰϲϯͬϯϲ
ϲϯϭϰϲϯͬϲϬ
ϲϯϭϰϲϯͬϴϬ
ϲϯϭϰϲϯͬϭϮϬ
ϱϬ
ďď͘dLJƉZ
ĮŐ͘ƚLJƉĞZ
^ĞůďƐƚƐƉĂŶŶĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕sůŝĞƐ
YƵŝĐŬͲĐŚĂŶŐĞĚŝƐĐƐ͕ŶŽŶͲǁŽǀĞŶ
/ĚĞĂůĨƺƌĚĞůƐƚĂŚůƵŶĚůƵŵŝŶŝƵŵ
džĐĞůůĞŶƚĨŽƌƐƚĂŝŶůĞƐƐƐƚĞĞůĂŶĚĂůƵŵŝŶŝƵŵ͘
dLJƉ^͕ŵŝƚDĞƚĂůůŐĞǁŝŶĚĞͬƚLJƉĞ^ǁŝƚŚŵĞƚĂůƚŚƌĞĂĚ
T
ŵŵ
'ƌŽď
ĐŽĂƌƐĞ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
&ĞŝŶ
ĮŶĞ
ϯϴ
ϭϬ͘ϬϬϬ
ϲϯϭϰϳϭͬ'
ϲϯϭϰϳϭͬD
ϲϯϭϰϳϭͬ&
ϱϬ
ϴ͘ϬϬϬ
ϲϯϭϰϳϮͬ'
ϲϯϭϰϳϮͬD
ϲϯϭϰϳϮͬ&
ϳϱ
ϱ͘ϱϬϬ
ϲϯϭϰϳϯͬ'
ϲϯϭϰϳϯͬD
ϲϯϭϰϳϯͬ&
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϱϬ
ϱϬ
Ϯϱ
ďď͘dLJƉ^
ĮŐ͘ƚLJƉĞ^
dLJƉZ͕ŵŝƚ<ƵŶƐƚƐƚŽīŐĞǁŝŶĚĞͬƚLJƉĞZǁŝƚŚƉůĂƐƟĐƚŚƌĞĂĚ
T
ŵŵ
'ƌŽď
ĐŽĂƌƐĞ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
&ĞŝŶ
ĮŶĞ
^ƚŬͬ͘ƉĐ
sWͬƉƵ
ϯϴ
ϭϬ͘ϬϬϬ
ϲϯϭϰϳϰͬ'
ϲϯϭϰϳϰͬD
ϲϯϭϰϳϰͬ&
ϱϬ
ϱϬ
ϴ͘ϬϬϬ
ϲϯϭϰϳϱͬ'
ϲϯϭϰϳϱͬD
ϲϯϭϰϳϱͬ&
ϱϬ
ϳϱ
ϱ͘ϱϬϬ
ϲϯϭϰϳϲͬ'
ϲϯϭϰϳϲͬD
ϲϯϭϰϳϲͬ&
Ϯϱ
ďď͘dLJƉZ
ĮŐ͘ƚLJƉĞZ
^ĞůďƐƚƐƉĂŶŶĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕WŽůŝĐůĞĂŶͲZŽŶĚĞŶ
YƵŝĐŬͲĐŚĂŶŐĞĚŝƐĐƐ͕WŽůŝĐůĞĂŶĚŝƐĐƐ
ƵŵŶƞĞƌŶĞŶǀŽŶƵŶĚĞƌ͕ŶůĂƵīĂƌďĞŶ͕ZŽƐƚƵŶĚ
<ůĞďƐƚŽīƌĞƐƚĞŶ͘
dLJƉ^ͬƚLJƉĞ^
T
ŵŵ
&ŽƌƌĞŵŽǀĂůŽĨĐŝŶĚĞƌ͕ĚŝƐĐŽůŽƵƌĂƟŽŶ͕ƌƵƐƚĂŶĚ
ĂĚŚĞƐŝǀĞƌĞƐŝĚƵĞ͘
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐΎ
ϱϬ
ϴ͘ϬϬϬ
ϲϯϭϰϴϭ
ϳϱ
ϱ͘ϱϬϬ
ϲϯϭϰϴϮ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬ͘ƉĐƐ
^ĞůďƐƚƐƉĂŶŶĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕&ŝůnj
YƵŝĐŬͲĐŚĂŶŐĞĚŝƐĐƐ͕ĨĞůƚ
&ŽƌƉŽůŝƐŚŝŶŐǁŝƚŚŐƌŝŶĚŝŶŐĂŶĚĚŝĂŵŽŶĚĐŽŵƉŽƵŶĚ͘
ƵŵWŽůŝĞƌĞŶŵŝƚ^ĐŚůĞŝĨͲƵŶĚŝĂŵĂŶƚƉĂƐƚĞŶ͘
dLJƉ^ͬƚLJƉĞ^
Tŵŵ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐΎ
ϱϬ
ϰ͘ϬϬϬ
ϲϯϭϰϴϰ
ϳϱ
Ϯ͘ϱϬϬ
ϲϯϭϰϴϱ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ďď͘&ŝůnjdLJƉZ
ĮŐ͘ĨĞůƚƚLJƉĞZ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϲϵ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^>^d^WEEE^,>/&>ddZͬYh/<ͳ,E'/^^
^ĞůďƐƚƐƉĂŶŶĞŶĚĞ^ĐŚůĞŝĩůćƩĞƌ͕ZyͲZŽŶĚĞŶ
YƵŝĐŬͲĐŚĂŶŐĞ͕ZyͲĚŝƐĐƐ
ƵŵŶƞĞƌŶĞŶǀŽŶƵŶĚĞƌ͕ŶůĂƵīĂƌďĞŶ͕ZŽƐƚƵŶĚ
<ůĞďƐƚŽīƌĞƐƚĞŶ͘
&ŽƌƌĞŵŽǀĂůŽĨŚĞĂƚͲƟŶƚ͕ĚŝƐĐŽůŽƵƌĂƟŽŶ͕ƌƵƐƚĂŶĚ
ĂĚŚĞƐŝǀĞƌĞƐŝĚƵĞ͘
dLJƉZ͕ŵŝƚ<ƵŶƐƚƐƚŽīŐĞǁŝŶĚĞͬƚLJƉĞZǁŝƚŚƉůĂƐƟĐƚŚƌĞĂĚ
T
ŵŵ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐΎ
ϱϬ
ϴ͘ϬϬϬ
ϲϯϭϰϴϳ
ϳϱ
ϱ͘ϱϬϬ
ϲϯϭϰϴϴ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
^ĞůďƐƚƐƉĂŶŶĞŶĚĞŝĂŵĂŶƚͲ^ĐŚůĞŝĩůćƩĞƌ
YƵŝĐŬͲĐŚĂŶŐĞ͕ĚŝĂŵŽŶĚĚŝƐĐƐ
&ŽƌƚĞŵƉĞƌĞĚƐƚĞĞů͕ƐŝŶƚĞƌĞĚŵĞƚĂůƐ͕ŐůĂƐƐ͕ĐĞƌĂŵŝĐ͕
ŵĂƌďůĞ͕ŐƌĂĮƚĞĂŶĚƟƚĂŶŝƵŵ͘
&ƺƌŐĞŚćƌƚĞƚĞ^ƚćŚůĞ͕^ŝŶƚĞƌŵĞƚĂůůĞ͕'ůĂƐ͕<ĞƌĂŵŝŬ͕
DĂƌŵŽƌ͕'ƌĂĮƚƵŶĚdŝƚĂŶ͘
dLJƉZ͕ŵŝƚ<ƵŶƐƚƐƚŽīŐĞǁŝŶĚĞͬƚLJƉĞZǁŝƚŚƉůĂƐƟĐƚŚƌĞĂĚ
T
ŵŵ
<ϲϬ
<ϭϮϬ
<ϮϮϬ
Ϯϱ
ϲϯϭϰϵϭͬϲϬ
ϲϯϭϰϵϭͬϭϮϬ
ϲϯϭϰϵϭͬϮϮϬ
ϯϴ
ϲϯϭϰϵϮͬϲϬ
ϲϯϭϰϵϮͬϭϮϬ
ϲϯϭϰϵϮͬϮϮϬ
ϱϬ
ϲϯϭϰϵϯͬϲϬ
ϲϯϭϰϵϯͬϭϮϬ
ϲϯϭϰϵϯͬϮϮϬ
ϳϱ
ϲϯϭϰϵϰͬϲϬ
ϲϯϭϰϵϰͬϭϮϬ
ϲϯϭϰϵϰͬϮϮϬ
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
<ƂƌŶƵŶŐĞŶϰϬϬͲϴ͘ϬϬϬĂƵĨŶĨƌĂŐĞ
ŐƌŝƚϰϬϬͲϴ͕ϬϬϬŽŶƌĞƋƵĞƐƚ
^ĐŚůĞŝĩůĂƩƚƌćŐĞƌ͕dLJƉZ
ZƵďďĞƌŚŽůĚĞƌ͕ƚLJƉĞZ
ĨƺƌͬĨŽƌ
Tŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
DŝƩĞů
ŵĞĚŝƵŵ
ϮϬ
ϲ
ϰϳ͘ϬϬϬ
ϲϯϭϰϮϭZD
Ϯϱ
ϲ
ϯϴ͘ϬϬϬ
ϲϯϭϰϮϮZD
ϯϴ
ϲ
Ϯϱ͘ϬϬϬ
ϲϯϭϰϮϯZD
ϱϬ
ϲ
ϭϵ͘ϬϬϬ
ϲϯϭϰϮϰZD
ϳϱ
ϲ
ϭϮ͘ϬϬϬ
ϲϯϭϰϮϱZD
^ƚŬͬ͘ƉĐ
ďď͘dLJƉZ
ĮŐ͘ƚLJƉZ
^ĐŚůĞŝĩůĂƩƚƌćŐĞƌ͕dLJƉ^
ZƵďďĞƌŚŽůĚĞƌ͕ƚLJƉĞ^
ĨƺƌͬĨŽƌ
Tŵŵ
^ĐŚĂŌ
ƐŚĂŶŬ
DŝƩĞů
ŵĞĚŝƵŵ
,Ăƌƚ
ŚĂƌĚ
ϮϬ
ϲ
ϰϬ͘ϬϬϬ
ϲϯϭϰϮϭ^D
Ͷ
Ϯϱ
ϲ
ϰϬ͘ϬϬϬ
ϲϯϭϰϮϮ^D
Ͷ
ϯϴ
ϲ
Ϯϱ͘ϬϬϬ
ϲϯϭϰϮϯ^D
Ͷ
ϱϬ
ϲ
Ϯϱ͘ϬϬϬ
ϲϯϭϰϮϰ^D
ϲϯϭϰϮϰ^,
ϳϱ
ϲ
ϮϬ͘ϬϬϬ
ϲϯϭϰϮϱ^D
ϲϯϭϰϮϱ^,
^ƚŬͬ͘ƉĐ
ϳϬ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ďď͘dLJƉ^
ĮŐ͘ƚLJƉ^
&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞŶ
&ůĂƉŝƐĐƐ
&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞŶƐŝŶĚƐĞůďƐƚƐĐŚćƌĨĞŶĚƵŶĚƐĞƚnjĞŶƐŝĐŚ
ĚĂŚĞƌŶŝĐŚƚnjƵ͘ŝĞƐĨƺŚƌƚnjƵŬƺŚůĞŵ^ĐŚůŝī͕ĞŝŶĞƌďĞƐƐĞƌĞŶ
KďĞƌŇćĐŚĞƵŶĚĞŝŶĞƌZĞĚƵnjŝĞƌƵŶŐĚĞƌƌďĞŝƚƐnjĞŝƚ͘
ƐƚŚĞĂďƌĂƐŝǀĞŇĂƉĚŝƐĐƐǁĞĂƌƐĚŽǁŶ͕ƚŚĞĂďƌĂƐŝǀĞƐƵƌĨĂĐĞŝƐ
ĐŽŶƐƚĂŶƚůLJƌĞŶĞǁĞĚ͘dŚŝƐƉƌŽǀŝĚĞƐĂĐŽŽůĞƌŐƌŝŶĚŝŶŐĞīĞĐƚĂŶĚ
ĂǀŽŝĚƐĐůŽŐŐŝŶŐ͕ƚŚĞƌĞĨŽƌĞƉƌŽĚƵĐŝŶŐĂďĞƩĞƌĮŶŝƐŚĂŶĚůĞƐƐ
ǁŽƌŬŝŶŐƟŵĞ͘
EŽƌŵĂůŬŽƌƵŶĚ
ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
ŝƌŬŽŶŬŽƌƵŶĚ
njŝƌĐŽŶŝĂĂůƵŵŝŶĂ
<ĞƌĂŵŝŬ
ĐĞƌĂŵŝĐ
&ŝůnj
ĨĞůƚ
sůŝĞƐ
ŶŽŶͲǁŽǀĞŶ
ĨƺƌǁĞŝĐŚĞŶ
ƵŶůĞŐŝĞƌƚĞŶ^ƚĂŚů
ĨƺƌǁĞŝĐŚĞŶƵŶůĞͲ
ŐŝĞƌƚĞŶ^ƚĂŚůƵŶĚ
ĚĞůƐƚĂŚů
ĨƺƌĚŝĞ^ƉŝĞŐĞůŚŽĐŚͲ
ŐůĂŶnjƉŽůŝƚƵƌ
ĨƺƌĚŝĞĂůůŐ͘
KďĞƌŇćĐŚĞŶͲ
ǀŽƌďĞƌĞŝƚƵŶŐƵŶĚ
^ƚƌƵŬƚƵƌŝĞƌƵŶŐ
ƐŽŌĂŶĚƵŶĂůůŽLJĞĚ
ƐƚĞĞů
ƵŶĂůůŽLJĞĚƐƚĞĞůĂŶĚ
ƐƚĂŝŶůĞƐƐƐƚĞĞů
ŵŝƚƐĐŚůĞŝĨĂŬƟǀĞŶƵƐĂƚnjͲ
ƐƚŽīĞŶĨƺƌĂŐŐƌĞƐƐŝǀĞŶ
DĂƚĞƌŝĂůĂďƚƌĂŐƵŶĚŬƺŚͲ
ůĞŵ^ĐŚůŝīĂƵĨĚĞůƐƚĂŚů
ƵŶĚ>ĞŐŝĞƌƵŶŐĞŶ
ǁŝƚŚŐƌŝŶĚŝŶŐĂĚĚŝƟǀĞƐĨŽƌ
ĂŐŐƌĞƐƐŝǀĞƐƚŽĐŬƌĞŵŽǀĂů
ĂŶĚĐŽŽůŐƌŝŶĚŝŶŐŽŶ
ƐƚĂŝŶůĞƐƐƐƚĞĞůĂŶĚĂůůŽLJƐ
ŚŝŐŚŐůŽƐƐƉŽůŝƐŚŝŶŐ
ƵŶŝǀĞƌƐĂůƐƵƌĨĂĐĞ
ƉƌĞƉĂƌĂƟŽŶĂŶĚ
ƐƚƌƵĐƚƵƌŝŶŐ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&,Z^,>/&^,/Eͬ&>W/^^
dƌŝnjĂĐƚĂƵĨŶĨƌĂŐĞ
dƌŝnjĂĐƚŽŶƌĞƋƵĞƐƚ
ϯǀĞƌƐĐŚŝĞĚĞŶĞ&ŽƌŵĞŶƐŝŶĚůŝĞĨĞƌďĂƌͬϯĚŝīĞƌĞŶƚƐŚĂƉĞƐĂƌĞĂǀĂŝůĂďůĞ͗
dLJƉ'Ϯϳ;'ϭϳͿ;<ŽŶŝƐĐŚϴΣͿͲ
ůĞŝĐŚƚŐĞǁƂůďƚĞƵƐĨƺŚƌƵŶŐ
dLJƉ'Ϯϴ;ŇĂĐŚͿͲ
ŵŝƚŇĂĐŚĞŵŶƐƚĞůůǁŝŶŬĞů
dLJƉ'Ϯϵ;'ϭϵͿ;<ŽŶŝƐĐŚϭϱΣͿͲ
ͣďƵŝůƚͲŝŶ͞^ĐŚůĞŝĨǁŝŶŬĞů
dLJƉĞ'Ϯϳ;'ϭϳͿ;ƚĂƉĞƌĞĚϴΣͿͲ
ƐůŝŐŚƚůLJĐŽŶǀĞdžƐŚĂƉĞ
dLJƉĞ'Ϯϴ;ŇĂƚͿͲ
ǁŝƚŚŇĂƚĂŶŐůĞŽĨĂƩĂĐŬ
dLJƉĞ'Ϯϵ;'ϭϵͿ;ƚĂƉĞƌĞĚϭϱΣͿͲ
ͣďƵŝůƚͲŝŶ͞ŐƌŝŶĚŝŶŐĂŶŐůĞ
&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞ͕<ĞƌĂŵŝŬ;dLJƉ'Ϯϵ͕<ŽŶŝƐĐŚϭϱΣͿ
&ůĂƉĚŝƐĐ͕ĐĞƌĂŵŝĐ;ƚLJƉĞ'Ϯϵ͕ƚĂƉĞƌĞĚϭϱΣͿ
Tdž,
ŵŵ
<ϰϬ
<ϲϬ
<ϴϬ
^ƚŬͬ͘ƉĐΎ
ϭϭϱdžϮϮ͕Ϯϯ
ϭϯ͘ϯϬϬ
ϲϯϭϱϭϬϭͬϰϬ
ϲϯϭϱϭϬϭͬϲϬ
ϲϯϭϱϭϬϭͬϴϬ
ϭϮϱdžϮϮ͕Ϯϯ
ϭϮ͘ϮϬϬ
ϲϯϭϱϭϬϮͬϰϬ
ϲϯϭϱϭϬϮͬϲϬ
ϲϯϭϱϭϬϮͬϴϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞ͕ŝƌŬŽŶŬŽƌƵŶĚ;dLJƉ'Ϯϵ͕<ŽŶŝƐĐŚϭϱΣͿ
&ůĂƉĚŝƐĐ͕njŝƌĐŽŶŝĂĂůƵŵŝŶĂ;ƚLJƉĞ'Ϯϵ͕ƚĂƉĞƌĞĚϭϱΣͿ
Tdž,
ŵŵ
<ϰϬ
<ϲϬ
<ϴϬ
<ϭϮϬ
^ƚŬͬ͘ƉĐΎ
ϭϭϱdžϮϮ͕Ϯϯ
ϭϯ͘ϯϬϬ
ϲϯϭϱϭϭϭͬϰϬ
ϲϯϭϱϭϭϭͬϲϬ
ϲϯϭϱϭϭϭͬϴϬ
ϲϯϭϱϭϭϭͬϭϮϬ
ϭϮϱdžϮϮ͕Ϯϯ
ϭϮ͘ϮϬϬ
ϲϯϭϱϭϭϮͬϰϬ
ϲϯϭϱϭϭϮͬϲϬ
ϲϯϭϱϭϭϮͬϴϬ
ϲϯϭϱϭϭϮͬϭϮϬ
ϭϳϴdžϮϮ͕Ϯϯ
ϴ͘ϲϬϬ
ϲϯϭϱϭϭϯͬϰϬ
ϲϯϭϱϭϭϯͬϲϬ
ϲϯϭϱϭϭϯͬϴϬ
ϲϯϭϱϭϭϯͬϭϮϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
dLJƉ'ϮϳƵŶĚ'ϮϴĂƵĨŶĨƌĂŐĞ
ƚLJƉĞ'ϮϳĂŶĚ'ϮϴŽŶƌĞƋƵĞƐƚ
^ƉĞnjŝĂůͲ&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞ͕ŝƌŬŽŶŬŽƌƵŶĚ;dLJƉ'ϭϳ<ŽŶŝƐĐŚϴΣͿ
^ƉĞĐŝĂůŇĂƉĚŝƐĐ͕njŝƌĐŽŶŝĂĂůƵŵŝŶĂ;ƚLJƉĞ'ϭϳ͕ƚĂƉĞƌĞĚϴΣͿ
ŝĞ^ƉĞnjŝĂůͲ&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞǀĞƌĨƺŐƚƺďĞƌĞŝŶĞŶŬůĞŝŶĞƌĞŶ
'ůĂƐĨĂƐĞƌƚĞůůĞƌƵŶĚĚĂŵŝƚƺďĞƌĞŝŶĞŶ>ĂŵĞůůĞŶƺďĞƌŚĂŶŐ͘ĂƐ
ĞƌŵƂŐůŝĐŚƚĞŝŶĞŝŶĨĂĐŚĞƐƌďĞŝƚĞŶĂŶ<ĂŶƚĞŶƵŶĚĐŬĞŶ͘
Tdž,
ŵŵ
<ϰϬ
<ϲϬ
ĞĐĂƵƐĞŽĨŝƚƐƌĞĚƵĐĞĚŐůĂƐƐĮďƌĞďĂĐŬŝŶŐƚŚĞƐůŝĐĞƐĂƌĞŵŽƌĞ
ĨĞůdžŝďůĞĂŶĚĂůůŽǁĂƐŝŵƉůĞƐŚĂƉĞŽĨƚŚĞĞĚŐĞƐ͘
<ϴϬ
<ϭϮϬ
^ƚŬͬ͘ƉĐΎ
ϭϭϱdžϮϮ͕Ϯϯ
ϭϯ͘ϯϬϬ
ϲϯϭϱϭϮϭͬϰϬ
ϲϯϭϱϭϮϭͬϲϬ
ϲϯϭϱϭϮϭͬϴϬ
ϲϯϭϱϭϮϭͬϭϮϬ
ϭϮϱdžϮϮ͕Ϯϯ
ϭϮ͘ϮϬϬ
ϲϯϭϱϭϮϮͬϰϬ
ϲϯϭϱϭϮϮͬϲϬ
ϲϯϭϱϭϮϮͬϴϬ
ϲϯϭϱϭϮϮͬϭϮϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϳϭ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&,Z^,>/&^,/Eͬ&>W/^^
&ĂůƚƐĐŚĞŝďĞŶ
&ŽůĚĞĚ&ůĂƉŝƐĐ
ŝĞŐĞĨĂůƚĞƚĞ<ŽŶƐƚƌƵŬƟŽŶĞƌŵƂŐůŝĐŚƚĚĂƐ^ĐŚůĞŝĨĞŶŝŶĐŬĞŶ
ƵŶĚĂŶƐĐŚŵĂůĞŶEƵƚĞŶ͘ŝŶĞƐĐŚŶĞůůĞƵĨŶĂŚŵĞĂƵĨĚĞŵ
tŝŶŬĞůƐĐŚůĞŝĨĞƌŝƐƚĚƵƌĐŚĚĂƐDϭϰͲ'ĞǁŝŶĚĞŐĞǁćŚƌůĞŝƐƚĞƚ͘
dŚĞĨŽůĚĞĚĐŽŶƐƚƌƵĐƟŽŶĂůůŽǁƐŐƌŝŶĚŝŶŐŝŶĞĚŐĞƐĂŶĚƐŵĂůůŐƌŽŽǀĞƐ͘
dŚĞĚŝƐĐǁŝůůďĞĮdžĞĚďLJƚŚĞDϭϰƚŚƌĞĂĚ͘
EŽƌŵĂůŬŽƌƵŶĚͬĂůƵŵŝŶŝƵŵŽdžŝĚĞ
T
ŵŵ
<ϰϬ
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
^ƚŬͬ͘ƉĐΎ
ϭϭϱ
ϭϯ͘ϯϬϬ
ϲϯϭϱϭϯϭͬϰϬ
ϲϯϭϱϭϯϭͬϲϬ
ϲϯϭϱϭϯϭͬϴϬ
Ͷ
Ͷ
ϭϮϱ
ϭϮ͘ϮϬϬ
ϲϯϭϱϭϯϮͬϰϬ
ϲϯϭϱϭϯϮͬϲϬ
ϲϯϭϱϭϯϮͬϴϬ
ϲϯϭϱϭϯϮͬϭϮϬ
ϲϯϭϱϭϯϮͬϭϴϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ŝƌŬŽŶŬŽƌƵŶĚͬnjŝƌĐŽŶŝĂĂůƵŵŝŶĂ
T
ŵŵ
<ϰϬ
<ϲϬ
<ϴϬ
^ƚŬͬ͘ƉĐΎ
ϭϭϱ
ϭϯ͘ϯϬϬ
ϲϯϭϱϭϰϭͬϰϬ
ϲϯϭϱϭϰϭͬϲϬ
ϲϯϭϱϭϰϭͬϴϬ
ϭϮϱ
ϭϮ͘ϮϬϬ
ϲϯϭϱϭϰϮͬϰϬ
ϲϯϭϱϭϰϮͬϲϬ
ϲϯϭϱϭϰϮͬϴϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
>ĂŵĞůůĞŶƐĐŚĞŝďĞŶ͕EŽƌŵĂůŬŽƌƵŶĚ͕DϭϰͲ'ĞǁŝŶĚĞ
hŶŵŽƵŶƚĞĚŇĂƉǁŚĞĞů͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ͕DϭϰͲƚŚƌĞĂĚ
Tdž,
ŵŵ
ϭϭϱdžϮϬ
ϭϮϱdžϮϬ
<ϰϬ
<ϲϬ
<ϴϬ
<ϭϮϬ
<ϭϴϬ
ϭϯ͘ϯϬϬ
ϲϯϭϱϭϱϭͬϰϬ
ϲϯϭϱϭϱϭͬϲϬ
Ͷ
Ͷ
Ͷ
ϭϯ͘ϯϬϬ
Ͷ
Ͷ
ϲϯϭϱϭϱϮͬϴϬ
ϲϯϭϱϭϱϮͬϭϮϬ
Ͷ
ϭϯ͘ϯϬϬ
Ͷ
Ͷ
Ͷ
Ͷ
ϲϯϭϱϭϱϯͬϭϴϬ
ϭϮ͘ϮϬϬ
ϲϯϭϱϭϱϱͬϰϬ
ϲϯϭϱϭϱϱͬϲϬ
Ͷ
Ͷ
Ͷ
ϭϮ͘ϮϬϬ
Ͷ
Ͷ
ϲϯϭϱϭϱϲͬϴϬ
ϲϯϭϱϭϱϲͬϭϮϬ
Ͷ
ϭϮ͘ϮϬϬ
Ͷ
Ͷ
Ͷ
Ͷ
ϲϯϭϱϭϱϳͬϭϴϬ
^ƚŬͬ͘ƉĐ
<ŽŵďŝŶŝĞƌƚĞsůŝĞƐͲƵŶĚƌĞŝŶĞsůŝĞƐůĂŵŵĞůůĞŶƐĐŚĞŝďĞŶĂƵĨŶĨƌĂŐĞ
ůŝĞĨĞƌďĂƌ͘ŝĞƐĞƐŝŶĚĨƺƌůĞŝĐŚƚĞŶƚŐƌĂƚͲ͕^ƚƌƵŬƚƵƌŝĞƌͲďnjǁ͘WŽůŝĞƌĂƌďĞŝƚĞŶ
ŐĞĞŝŐŶĞƚ͘
hŶŵŽƵŶƚĞĚŝŶƚĞƌͲůĞĂǀĞĚĂŶĚŶŽŶͲǁŽǀĞŶŇĂƉǁŚĞĞůƐĂƌĞĂǀĂŝůĂďůĞ͘
dŚĞLJĂƌĞĞdžĐĞůůĞŶƚĨŽƌĚĞďƵƌƌŝŶŐ͕ƐƚƌƵĐƚƵƌŝŶŐĂŶĚƉŽůŝƐŚŝŶŐ͘
WŽůŝĞƌͲsůŝĞƐƐĐŚĞŝďĞ͕DϭϰͲ'ĞǁŝŶĚĞ
WŽůŝƐŚŝŶŐͲŶŽŶǁŽǀĞŶŐƌŝŶĚŝŶŐĚŝƐĐ͕DϭϰͲƚŚƌĞĂĚ
Tŵŵ
ϭϬϬ
ϭϮ͘ϱϬϬ
ŐƌŽď
ĐŽĂƌƐĞ
ĨĞŝŶ
ĮŶĞ
&ŝůnj
ĨĞůƚ
ϲϯϭϱϭϱϴ'
ϲϯϭϱϭϱϴ&
ϲϯϭϱϭϱϵ
^ƚŬͬ͘ƉĐ
ϳϮ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
,LJďƌŝĚ&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞ
,LJďƌŝĚŝƐĐ
ŝĞ<ŽŵďŝŶĂƟŽŶǀŽŶŚŽĐŚƋƵĂůŝƚĂƟǀĞŵ^ƵƌĨĂĐĞŽŶĚŝƟŽŶŝŶŐ
DĂƚĞƌŝĂůƵŶĚ^ĐŚůĞŝĨŵŝƩĞůĞƌŵƂŐůŝĐŚƚĞŝŶĞŶďƚƌĂŐƵŶĚĞŝŶ
ĂƩƌĂŬƟǀĞƐ&ŝŶŝƐŚŝŶĞŝŶĞŵ^ĐŚƌŝƩ͘ŝŶŐĞƐĞƚnjƚǁĞƌĚĞŶŬĂŶŶĚŝĞ
,LJďƌŝĚ&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞĂƵĨĚĞůƐƚĂŚůƵŶĚĂƵƐƚĂŚůďŝƐ
ŚŝŶnjƵůƵŵŝŶŝƵŵƵŶĚĂŶĚĞƌĞŶ>ĞŐŝĞƌƵŶŐĞŶ͘DŝƚĚĞƌ,LJďƌŝĚ
&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞŬƂŶŶĞŶ^ĐŚǁĞŝƘŶćŚƚĞ͕'ƌĂƚĞŶĂĐŚ
WůĂƐŵĂͲƵŶĚ>ĂƐĞƌƐĐŚŶĞŝĚĞŶ͕ŬůĞŝŶĞƌĞKďĞƌŇćĐŚĞŶƵŶĞďĞŶŚĞŝͲ
ƚĞŶ͕ŐƌŽďĞ^ĐŚůĞŝĨƌŝĞĨĞŶ͕KdžŝĚĂƟŽŶ͕sĞƌĨćƌďƵŶŐ͕^ĐŚǁĞŝƘƐƉƌŝƚͲ
njĞƌ͕&ĂƌďĞƵŶĚĞƐĐŚŝĐŚƚƵŶŐĞŶĞŶƞĞƌŶƚǁĞƌĚĞŶ͘
T
ŵŵ
dŚĞĐŽŵďŝŶĂƟŽŶŽĨ^ƵƌĨĂĐĞŽŶĚŝƟŽŶŝŶŐDĂƚĞƌŝĂůĂŶĚ
ŽĂƚĞĚďƌĂƐŝǀĞƐĂůůŽǁƐŚŝŐŚƐƚŽĐŬƌĞŵŽǀĂůĂŶĚĂƉůĞĂƐŝŶŐ
ĮŶŝƐŚŝŶŽŶĞƐƚĞƉ͘dŚĞLJĐĂŶďĞƵƐĞĚŽŶĂǁŝĚĞƌĂŶŐĞŽĨĚŝĨͲ
ĨĞƌĞŶƚŵĂƚĞƌŝĂůƐƵĐŚĂƐƐƚĞĞů͕ƐƚĂŝŶůĞƐƐƐƚĞĞů͕ĂůƵŵŝŶŝƵŵĂŶĚ
ŽƚŚĞƌĚŝīĞƌĞŶƚĂůůŽLJƐ͘,LJďƌŝĚĚŝƐĐƐĂƌĞŝĚĞĂůĨŽƌƌĞŵŽǀŝŶŐ
ĂŶĚĮŶŝƐŚŝŶŐůŝŐŚƚǁĞůĚƐĞĂŵƐ͕ĚĞďƵƌƌŝŶŐŇĂƐŚŝŶŐƐĂŌĞƌ
ƉůĂƐŵĂĂŶĚůĂƐĞƌĐƵƫŐƐ͕ƌĞŵŽǀŝŶŐŽĨƐŵĂůůƐƵƌĨĂĐĞŝŵƉĞƌͲ
ĨĞĐƟŽŶƐ͕ŽdžŝĚĂƟŽŶĂŶĚĚŝƐĐŽůŽƵƌĂƟŽŶŽĨǁĞůĚŝŶŐƐƉĂƩĞƌ
ƉĂŝŶƚƐĂŶĚĐŽĂƟŶŐƐ͘
DĞĚŝƵŵ
ŵĞĚŝƵŵ
^ƚŬͬ͘ƉĐΎ
ϭϭϱdžϮϮ͕Ϯϯ
ϯ͘ϱϬϬ
ϭϯ͘ϯϬϬ
ϲϯϭϱϭϲϭD
ϭϮϱdžϮϮ͕Ϯϯ
ϯ͘ϬϬϬ
ϭϮ͘ϮϬϬ
ϲϯϭϱϭϲϮD
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&,Z^,>/&^,/Eͬ&>W/^^
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
<ŽŵƉĂŬƚƐĐŚůĞŝĨƐĐŚĞŝďĞ;ŐĞƉƌĞƐƐƚĞsůŝĞƐƐĐŚĞŝďĞͿ
hŶŝƟnjĞĚĮŶŝƐŚŝŶŐĚŝƐĐ
ĞƌDĞŚƌůĂŐĞŶĂƵĩĂƵƵŶĚĚĞƌĞƌŚƂŚƚĞŶƚĞŝůĂŶ^ĐŚůĞŝŅŽƌŶ
ĞƌŵƂŐůŝĐŚƚĞŝŶŬŽŵĨŽƌƚĂďůĞƐƵŶĚƐĐŚŶĞůůĞƌĞƐĞĂƌďĞŝƚĞŶǀŽŶ
KďĞƌŇćĐŚĞŶ͘ĞƌϯͲĚŝŵĞŶƐŝŽŶĂůĞƵĩĂƵŐĂƌĂŶƟĞƌƚŬĞŝŶ
ƵƐĞƚnjĞŶĚĞƌ^ĐŚĞŝďĞƵŶĚŝƐƚĚŝĞŝĚĞĂůĞ>ƂƐƵŶŐĨƺƌǀŝĞůĞKďĞƌͲ
ŇćĐŚĞŶĂƌďĞŝƚĞŶĂƵĨĞŝƐĞŶͲƵŶĚŶŝĐŚƚĞŝƐĞŶŚĂůƟŐĞŶDĂƚĞƌŝĂůŝĞŶ͘
DŝƚĞŝŶĞŵŚƂŚĞƌĞŶ,ćƌƚĞŐƌĂĚůĂƐƐĞŶƐŝĐŚƉƌŽďůĞŵůŽƐůƵŵŝͲ
ŶŝƵŵŐƌĂƚĞ͕<ůĞďĞƌ͕<ƵŶƐƚŚĂƌnjĞ͕ZŽƐƚƵŶĚ<ŽƌƌŽƐŝŽŶĞŶƞĞƌŶĞŶ͕
^ƚĂŶnjƚĞŝůĞĞŶƚŐƌĂƚĞŶƵŶĚ<ĂŶƚĞŶǀŽŶ^ƚĂŶnjƚĞŝůĞŶǀĞƌƌƵŶĚĞŶ͘
ŝŶŶŝĞĚƌŝŐĞƌĞƌ,ćƌƚĞŐƌĂĚŝƐƚŽƉƟŵĂůĨƺƌĚŝĞƌnjĞƵŐƵŶŐĚĞŬŽͲ
ƌĂƟǀĞƌKďĞƌŇćĐŚĞŶĂƵĨĚĞůƐƚĂŚů͕ŶŐůĞŝĐŚĞŶǀŽŶKďĞƌŇćĐŚĞŶ
ŶĂĐŚĚĞƌ^ĐŚǁĞŝƘŶĂŚƚĞŶƞĞƌŶƵŶŐ͕ĨƺƌĚŝĞsŽƌďĞƌĞŝƚƵŶŐǀŽŶ
ůƵŵŝŶŝƵŵ͕<ƵƉĨĞƌƵŶĚDĞƐƐŝŶŐǀŽƌĚĞƌĞƐĐŚŝĐŚƚƵŶŐƵŶĚ
ĂůƐůĞƚnjƚĞ^ƚƵĨĞĚĞƌKďĞƌŇćĐŚĞŶǀŽƌďĞƌĞŝƚƵŶŐǀĞƌƐĐŚŝĞĚĞŶƐƚĞƌ
tĞƌŬƐƚŽīĞǀŽƌĚĞŵWŽůŝĞƌĞŶ͘
T
ŵŵ
,ŝŐŚĐŽŶĐĞŶƚƌĂƟŽŶŽĨĂďƌĂƐŝǀĞŐƌĂŝŶƚŚƌŽƵŐŚŽƵƚĂĮƌŵ͕
ŶŽŶͲǁŽǀĞŶďĂƐĞŵĂƚĞƌŝĂů͘dŚĞĂĚĚŝƟŽŶĂůŐƌĂŝŶƌĞƋƵŝƌĞƐůĞƐƐ
ŽƉĞƌĂƚŽƌƉƌĞƐƐƵƌĞ͕ŝŶĐƌĞĂƐŝŶŐĚŝƐĐůŝĨĞĂŶĚŐƌŝŶĚŝŶŐĐŽŽůĞƌ͕
džĐĞƉƟŽŶĂůĐŚŽŝĐĞĨŽƌĚĞďƵƌƌŝŶŐĂŶĚďůĞŶĚŝŶŐƐƚĂŝŶůĞƐƐƐƚĞĞů͕
ĂŶĚƉƌŽǀŝĚŝŶŐĂƐŵŽŽƚŚĮŶŝƐŚ͘
dŚĞƐĞĚŝƐĐƐĂƌĞƉƌŽǀŝĚŝŶŐĂŶĞdžƚƌĞŵĞůŽŶŐůŝĨĞĐŽŵďŝŶĞĚǁŝƚŚ
ĂĐŽŵĨŽƌƚĂďůĞŚĂŶĚůŝŶŐƚŽĂĐŚŝĞǀĞĮŶĂůĮŶŝƐŚĞƐĂŶĚǁĞůů
ƉƌĞƉĂƌĞĚƐƵƌĨĂĐĞƉƌŝŽƌƚŽƉŽůŝƐŚŝŶŐ͘
dŚĞLJĂƌĞĚĞƐŝŐŶĞĚƚŽǁŽƌŬŽŶĂŶŐůĞŐƌŝŶĚĞƌ͘dŚĞĐŽŵƉĂĐƚ
ϯͲĚŝŵĞŶƐŝŽŶĂůĐŽŶƐƚƌƵĐƟŽŶŝƐǀĞƌLJƌĞƐŝƐƚĂŶƚƚŽůŽĂĚŝŶŐĂŶĚ
ƉƌŽǀŝĚĞƐŵĂŶLJƐŽůƵƟŽŶƐƚŽĨĞƌƌŽƵƐĂŶĚŶŽŶͲĨĞƌƌŽƵƐĮŶŝƐŚŝŶŐ
ŽƉĞƌĂƟŽŶƐ͘
ŝŶĚƵŶŐDŝƩĞůͬƐŽŌͲďŽŶĚŝŶŐ
'ƌŽď
ĐŽĂƌƐĞ
DŝƩĞů
ŵĞĚŝƵŵ
^ƚŬͬ͘ƉĐΎ
WŽůŝĞƌƉĂƐƚĞ^͘ϭϳϳ
ƉŽůŝƐŚŝŶŐĐŽŵƉŽƵŶĚƉ͘ϭϳϳ
^ĞŚƌ&ĞŝŶ
ǀĞƌLJĮŶĞ
ϭϭϱdžϮϮ͕Ϯϯ
ϰ͘ϬϬϬ
ϭϭ͘ϬϬϬ
ϲϯϭϱϭϳϭD'
ϲϯϭϱϭϳϭDD
ϲϯϭϱϭϳϭD^&
ϭϮϱdžϮϮ͕Ϯϯ
ϯ͘ϲϬϬ
ϵ͘ϴϬϬ
ϲϯϭϱϭϳϱD'
ϲϯϭϱϭϳϱDD
ϲϯϭϱϭϳϱD'^&
ΎsWϱ^ƚŬͬ͘ƉƵϱƉĐƐ͘
&ŝůnjͲ&ćĐŚĞƌƐĐŚĞŝďĞŶƵƌŝŶsĞƌďŝŶĚƵŶŐŵŝƚWŽůŝĞƌƉĂƐƚĞŶĞŝŶƐĞƚnjĞŶ
&ĞůƚŇĂƉĚŝƐĐŽŶůLJƵƐĂďůĞǁŝƚŚƉŽůŝƐŚŝŶŐĐŽŵƉŽƵŶĚ
T
ŵŵ
^ƚĂŶĚĂƌĚ&ůĞdžŝďŝůŝƚćƚ
ƐƚĂŶĚĂƌĚŇĞdžŝďŝůŝƚLJ
tĞŝĐŚ
ƐŽŌ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
^ƚŬͬ͘ƉĐΎ
ϭϭϱdžϮϮ͕Ϯϯ
ϭ͘ϲϱϬ
ϴ͘ϱϬϬ
ϲϯϭϱϭϴϮ^&t
ϲϯϭϱϭϴϮ^&D
ϭϮϱdžϮϮ͕Ϯϯ
ϭ͘ϱϮϬ
ϳ͘ϳϬϬ
ϲϯϭϱϭϴϰ^&t
ϲϯϭϱϭϴϰ^&D
ϭϮϱdžDϭϰ
ϭ͘ϱϮϬ
ϳ͘ϳϬϬ
ϲϯϭϱϭϴϱ^&t
ϲϯϭϱϭϴϱ^&D
ΎsWϱ^ƚŬͬ͘ƉƵϱƉĐƐ͘
ϯŝŶϭWŽůŝĞƌƐĞƚ
ϯŝŶϭWŽůŝƐŚŝŶŐŬŝƚ
/ŶŚĂůƚ͗
,LJďƌŝĚ&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞ͗ϭϮϱdžϮϮ͕ϮϯŵŵŵĞĚŝƵŵ
hŶŝƟnjĞĚ<ŽŵƉĂŬƚƐĐŚůĞŝĨƐĐŚĞŝďĞ͗ϭϮϱdžϮϮ͕ϮϯŵŵŵĞĚŝƵŵͬDŝƩĞů
&ŝůnjͲ&ćĐŚĞƌƐĐŚĞŝďĞ͗ϭϮϱdžϮϮ͕ϮϯŵŵǁĞŝĐŚͬ^ƚĂŶĚĂƌĚ
WŽůŝĞƌƌŝĞŐĞů
ŽŶƚĞŶƚ͗
,LJďƌŝĚŝƐĐ͗ϭϮϱdžϮϮ͘ϮϯŵŵŵĞĚŝƵŵ
hŶŝƟnjĞĚĮŶŝƐŚŝŶŐĚŝƐĐ͗ϭϮϱdžϮϮ͘ϮϯŵŵŵĞĚŝƵŵͬƐŽŌ
&ĞůƚŇĂƉĚŝƐĐ͗ϭϮϱdžϮϮ͘ϮϯŵŵƐŽŌͬƐƚĂŶĚĂƌĚ
WŽůŝƐŚŝŶŐďůŽĐŬ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲϯϭ^hWϬϮ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϳϯ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&,Z^,>/&^,/Eͬ&>W/^^
^D&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞŶ͕sůŝĞƐ
^DĮŶŝƐŚŝŶŐŇĂƉĚŝƐĐƐ͕ŶŽŶͲǁŽǀĞŶ
ƵƌĂůůŐĞŵĞŝŶĞŶKďĞƌŇćĐŚĞŶǀŽƌďĞƌĞŝƚƵŶŐƵŶĚ^ƚƌƵŬƚƵƌŝĞƌƵŶŐ͘
ŝƐnjƵϳͲĨĂĐŚůćŶŐĞƌĞ,ĂůƚďĂƌŬĞŝƚĂůƐďĞŝŬŽŶǀĞŶƟŽŶĞůůĞŶ^ĐŚůĞŝĨǀůŝĞƐͲ
ƌŽŶĚĞŶ͘
T
ŵŵ
&ŽƌŐĞŶĞƌĂůƐƵƌĨĂĐĞƉƌĞƉĂƌĂƟŽŶĂŶĚĮŶŝƐŚŝŶŐ͘
>ĂLJĞƌĞĚŇĂƉƐƉƌŽǀŝĚĞƵƉƚŽϳƟŵĞƐŵŽƌĞůŝĨĞƚŚĂŶƚƌĂĚŝƟŽŶĂů
,ŽŽŬΘ>ŽŽƉǀĞƌƐŝŽŶƐ͘
'ƌŽďͬ,ĞůůďƌĂƵŶ
DŝƩĞůͬZŽƚďƌĂƵŶ
ĐŽĂƌƐĞͬůŝŐŚƚďƌŽǁŶ ŵĞĚŝƵŵͬŵĂƌŽŽŶ
^ĞŚƌĨĞŝŶͬůĂƵ
ǀĞƌLJĮŶĞͬďůƵĞ
ϭϬϬdžϭϲ͕ϬϬ
ϲ͘ϲϬϬ
ϭϱ͘ϯϬϬ
ϲϯϭϱϭϵϭ'
ϲϯϭϱϭϵϭD
ϲϯϭϱϭϵϭ^&
ϭϭϱdžϮϮ͕Ϯϯ
ϱ͘ϴϬϬ
ϭϯ͘ϯϬϬ
ϲϯϭϱϭϵϮ'
ϲϯϭϱϭϵϮD
ϲϯϭϱϭϵϮ^&
ϭϮϱdžϮϮ͕Ϯϯ
ϱ͘ϯϬϬ
ϭϮ͘ϮϬϬ
ϲϯϭϱϭϵϯ'
ϲϯϭϱϭϵϯD
ϲϯϭϱϭϵϯ^&
ϭϳϴdžϮϮ͕Ϯϯ
ϯ͘ϳϬϬ
ϴ͘ϲϬϬ
ϲϯϭϱϭϵϰ'
ϲϯϭϱϭϵϰD
ϲϯϭϱϭϵϰ^&
^ƚŬͬ͘ƉĐΎ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
<ŽŵďŝŶŝĞƌƚĞWŽůLJƉŽǁĞƌ
/ŶƚĞƌͲůĞĂǀĞĚĮŶŝƐŚŝŶŐŇĂƉĚŝƐĐƐ
ďǁĞĐŚƐĞůŶĚĞ>ĂŵĞůůĞŶǀŽŶ^ĐŚůĞŝŇĞŝŶĞŶƵŶĚ^ĐŚůĞŝĨǀůŝĞƐnjƵŵ
^ƚƌƵŬƚƵƌŝĞƌĞŶƵŶĚĨƺƌĞŝŶĞŶǁĞŶĚƵŶŐŵŝƚŐĞƌŝŶŐĞŵDĂƚĞƌŝĂůĂďƚƌĂŐ͘
ƌnjŝĞůƚĞŝŶŐĞďƺƌƐƚĞƚĞƐ&ŝŶŝƐŚ͘
T
ŵŵ
ϭϭϱdžϮϮ͕Ϯϯ
ϯ͘ϯϬϬ
ϴ͘ϱϬϬ
ůƚĞƌŶĂƟŶŐŇĂƉƐŽĨĐŽĂƚĞĚĂďƌĂƐŝǀĞĂŶĚŶŽŶͲǁŽǀĞŶŵĂƚĞƌŝĂůĨŽƌ
ĮŶŝƐŚŝŶŐĂƉƉůŝĐĂƟŽŶƐǁŝƚŚŵŝŶŝŵĂůƐĂŶĚŝŶŐ͘WƌŽǀŝĚĞƐĂďƌƵƐŚĞĚĮŶŝƐŚ͘
DŝƩĞůͬн<ϴϬ
ŵĞĚŝƵŵͬн<ϴϬ
&ĞŝŶͬн<ϭϱϬ
ĮŶĞͬн<ϭϱϬ
^ĞŚƌĨĞŝŶͬн<ϮϰϬ
ǀĞƌLJĮŶĞͬн<ϮϰϬ
^ƚŬͬ͘ƉĐΎ
ϲϯϭϱϮϬϭD
ϲϯϭϱϮϬϭ&
ϲϯϭϱϮϬϭ^&
ϭϮϱdžϮϮ͕Ϯϯ
ϯ͘ϬϬϬ
ϳ͘ϳϬϬ
ϲϯϭϱϮϬϮD
ϲϯϭϱϮϬϮ&
ϲϯϭϱϮϬϮ^&
ϭϳϴdžϮϮ͕Ϯϯ
Ϯ͘ϭϬϬ
ϱ͘ϱϬϬ
ϲϯϭϱϮϬϯD
ϲϯϭϱϮϬϯ&
ϲϯϭϱϮϬϯ^&
ΎsWϱ^ƚŬͬ͘ƉƵϱƉĐƐ͘
WŽůLJƉŽǁĞƌ
EŽŶͲǁŽǀĞŶĮŶŝƐŚŝŶŐŇĂƉĚŝƐĐƐ
&ůĂƉƐŽĨŶŽŶͲǁŽǀĞŶŵĂƚĞƌŝĂůĨŽƌĮŶĞƐƵƌĨĂĐĞĮŶŝƐŚŝŶŐ͘
>ĂŵĞůůĞŶĂƵƐ^ĐŚůĞŝĨǀůŝĞƐnjƵƌĨĞŝŶĞŶKďĞƌŇćĐŚĞŶĞŶĚͲ
ďĞĂƌďĞŝƚƵŶŐ͘
T
ŵŵ
DŝƩĞů
ĐŽĂƌƐĞ
&ĞŝŶ
ĮŶĞ
^ĞŚƌĨĞŝŶ
ǀĞƌLJĮŶĞ
ϭϭϱdžϮϮ͕Ϯϯ
ϯ͘ϯϬϬ
ϴ͘ϱϬϬ
ϲϯϭϱϮϭϭD
ϲϯϭϱϮϭϭ&
ϲϯϭϱϮϭϭ^&
ϭϮϱdžϮϮ͕Ϯϯ
ϯ͘ϬϬϬ
ϳ͘ϳϬϬ
ϲϯϭϱϮϭϮD
ϲϯϭϱϮϭϮ&
ϲϯϭϱϮϭϮ^&
ϭϳϴdžϮϮ͕Ϯϯ
Ϯ͘ϭϬϬ
ϱ͘ϱϬϬ
ϲϯϭϱϮϭϯD
ϲϯϭϱϮϭϯ&
ϲϯϭϱϮϭϯ^&
^ƚŬͬ͘ƉĐΎ
ΎsWϱ^ƚŬͬ͘ƉƵϱƉĐƐ͘
Zy&>yZĞŝŶŝŐƵŶŐƐͲ^ĐŚĞŝďĞ
Zy&>yŶŽŶͲǁŽǀĞŶĐůĞĂŶŝŶŐĚŝƐĐƐ
&ŽƌĂŐŐƌĞƐƐŝǀĞĐůĞĂŶŝŶŐƐ͕ŽƌƌĞŵŽǀŝŶŐƌƵƐƚ͕ƉĂŝŶƚ͕
ĞƉŽdžLJŽƌǁĞůĚƐƉĂƩĞƌ͘
ƵƌĂŐŐƌĞƐƐŝǀĞŶZĞŝŶŝŐƵŶŐŽĚĞƌnjƵŵŶƞĞƌŶĞŶǀŽŶ
ZŽƐƚ͕&ĂƌďĞŽĚĞƌ^ĐŚǁĞŝƘƐƉƌŝƚnjĞƌŶ͘
T
ŵŵ
^ƚŬͬ͘ƉĐΎ
ϭϬϬdžϭϲ͕Ϭ
ϳ͘ϬϬϬ
ϭϮ͘ϴϬϬ
ϲϯϭϱϮϮϭ
ϭϭϱdžϮϮ͕Ϯϯ
ϲ͘ϬϬϬ
ϭϭ͘ϬϬϬ
ϲϯϭϱϮϮϮ
ϭϮϱdžϮϮ͕Ϯϯ
ϱ͘ϲϬϬ
ϵ͘ϴϬϬ
ϲϯϭϱϮϮϯ
ϭϳϴdžϮϮ͕Ϯϯ
ϯ͘ϵϬϬ
ϲ͘ϴϬϬ
ϲϯϭϱϮϮϰ
ΎsWϱ^ƚŬͬ͘ƉƵϱƉĐƐ͘
ϳϰ
'ƌŽď
ĐŽĂƌƐĞ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
DŝŶŝ&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞ͕ŝƌŬŽŶŬŽƌƵŶĚ͕dLJƉ^
DŝŶŝŇĂƉĚŝƐĐƐ͕njŝƌĐŽŶŝĂ͕ƚLJƉĞ^
ŝƌŬŽŶŬŽƌƵŶĚͲ>ĂŵĞůůĞŶĂƵĨĞŝŶĞŵ<ƵŶƐƚƐƚŽŏĞůůĞƌŵŝƚŬůĞŝͲ
ŶĞŵƵƌĐŚŵĞƐƐĞƌ͘ŝĞƚĞƚĂŐŐƌĞƐƐŝǀĞDĂƚĞƌŝĂůĞŶƞĞƌŶƵŶŐƵŶĚ
ĞŝŶĞůćŶŐĞƌĞ>ĞďĞŶƐĚĂƵĞƌĂůƐŬŽŶǀĞŶƟŽŶĞůůĞ^ĐŚůĞŝĩůćƩĞƌ͘
/ĚĞĂůnjƵƌƌďĞŝƚŝŶĞŶŐĞŶZćƵŵĞŶ͕ŝŶĚĞŶĞŶŐƌƂƘĞƌĞ^ĐŚůĞŝĨͲ
ƐĐŚĞŝďĞŶŶŝĐŚƚǀĞƌǁĞŶĚĞƚǁĞƌĚĞŶŬƂŶŶĞŶ͘
T
ŵŵ
dŚĞǀĞƌƐĂƟůŝƚLJŽĨnjŝƌĐŽŶŝĂŐƌĂŝŶŽŶĂƐŵĂůůĚŝĂŵĞƚĞƌƉůĂƐƟĐ
ďĂĐŬŝŶŐ͘KīĞƌƐĂŐŐƌĞƐƐŝǀĞƐƚŽĐŬƌĞŵŽǀĂůĂŶĚůŽŶŐĞƌůŝĨĞƚŚĂŶ
ƋƵŝĐŬĐŚĂŶŐĞƐĂŶĚŝŶŐĚŝƐĐƐ͘/ĚĞĂůĨŽƌǁŽƌŬŝŶŐŝŶĐŽŶĮŶĞĚ
ƐƉĂĐĞƐǁŚĞƌĞůĂƌŐĞŇĂƉĚŝƐĐƐǁŝůůŶŽƚĮƚ͘
<ϰϬ
<ϲϬ
<ϴϬ
<ϭϮϬ
^ƚŬͬ͘ƉĐΎ
ϱϬ
ϭϵ͘ϭϬϬ
ϲϯϭϱϮϯϭͬϰϬ
ϲϯϭϱϮϯϭͬϲϬ
ϲϯϭϱϮϯϭͬϴϬ
ϲϯϭϱϮϯϭͬϭϮϬ
ϳϱ
ϭϮ͘ϳϬϬ
ϲϯϭϱϮϯϮͬϰϬ
ϲϯϭϱϮϯϮͬϲϬ
ϲϯϭϱϮϯϮͬϴϬ
ϲϯϭϱϮϯϮͬϭϮϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
&,Z^,>/&^,/Eͬ&>W/^^
ƵĐŚŵŝƚͣZ͞ƵĨŶĂŚŵĞůŝĞĨĞƌďĂƌ͘
ĂůƐŽĂǀĂŝůĂďůĞǁŝƚŚƚLJƉĞZ
<ŽŵďŝŶŝĞƌƚĞDŝŶŝWŽůLJƉŽǁĞƌ͕dLJƉ^
/ŶƚĞƌͲůĞĂǀĞĚĮŶŝƐŚŝŶŐDŝŶŝŇĂƉĚŝƐĐƐ͕ƚLJƉĞ^
ďǁĞĐŚƐĞůŶĚĞ>ĂŵĞůůĞŶǀŽŶ^ĐŚůĞŝŇĞŝŶĞŶƵŶĚ^ĐŚůĞŝĨǀůŝĞƐ
njƵŵ^ƚƌƵŬƚƵƌŝĞƌĞŶƵŶĚĨƺƌĞŝŶĞŶǁĞŶĚƵŶŐŵŝƚŐĞƌŝŶŐĞŵ
DĂƚĞƌŝĂůĂďƚƌĂŐ͘ƌnjŝĞůƚĞŝŶŐĞďƺƌƐƚĞƚĞƐ&ŝŶŝƐŚ͘
T
ŵŵ
ůƚĞƌŶĂƟŶŐŇĂƉƐŽĨĐŽĂƚĞĚĂďƌĂƐŝǀĞĂŶĚŶŽŶͲǁŽǀĞŶŵĂƚĞƌŝĂů
ĨŽƌĮŶŝƐŚŝŶŐĂƉƉůŝĐĂƟŽŶƐǁŝƚŚŵŝŶŝŵĂůƐĂŶĚŝŶŐ͘WƌŽǀŝĚĞƐĂ
ďƌƵƐŚĞĚĮŶŝƐŚ͘
DŝƩĞůͬŵĞĚŝƵŵ
н<ϴϬ
&ĞŝŶͬĮŶĞ
н<ϭϱϬ
^ĞŚƌĨĞŝŶͬǀĞƌLJĮŶĞ
н<ϮϰϬ
^ƚŬͬ͘ƉĐΎ
ϲϯϭϱϮϰϭͬϭϱϬ
ϲϯϭϱϮϰϭͬϮϰϬ
ϲϯϭϱϮϰϮͬϭϱϬ
ϲϯϭϱϮϰϮͬϮϰϬ
ϱϬ
ϳ͘ϲϬϬ
ϭϵ͘ϭϬϬ
ϲϯϭϱϮϰϭͬϴϬ
ϳϱ
ϱ͘ϬϬϬ
ϭϮ͘ϳϬϬ
ϲϯϭϱϮϰϮͬϴϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ƵĐŚŵŝƚͣZ͞ƵĨŶĂŚŵĞůŝĞĨĞƌďĂƌ͘
ĂůƐŽĂǀĂŝůĂďůĞǁŝƚŚƚLJƉĞZ
ƵĨŶĂŚŵĞĨƺƌDŝŶŝ&ćĐŚĞƌƐĐŚůĞŝĨƐĐŚĞŝďĞŶ
DĂŶĚƌĞůĨŽƌDŝŶŝŇĂƉĚŝƐĐƐ
T
ŵŵ
Eƌͬ͘EŽ͘
^ƚŬͬ͘ƉĐ
ϲdžϰϲ
ϲϯϭϱϮϲϱ
DŝŶŝWŽůLJƉŽǁĞƌ͕dLJƉ^
EŽŶͲǁŽǀĞŶĮŶŝƐŚŝŶŐDŝŶŝŇĂƉĚŝƐĐƐ͕ƚLJƉĞ^
>ĂŵĞůůĞŶĂƵƐ^ĐŚůĞŝĨǀůŝĞƐnjƵƌĨĞŝŶĞŶKďĞƌŇćĐŚĞŶĞŶĚďĞĂƌďĞŝƚƵŶŐ͘
T
ŵŵ
&ůĂƉƐŽĨŶŽŶͲǁŽǀĞŶŵĂƚĞƌŝĂůĨŽƌĮŶĞƐƵƌĨĂĐĞĮŶŝƐŚŝŶŐ͘
DŝƩĞů
ŵĞĚŝƵŵ
&ĞŝŶ
ĮŶĞ
^ĞŚƌĨĞŝŶ
ǀĞƌLJĮŶĞ
ϱϬ
ϳ͘ϲϬϬ
ϭϵ͘ϭϬϬ
ϲϯϭϱϮϱϭD
ϲϯϭϱϮϱϭ&
ϲϯϭϱϮϱϭ^&
ϳϱ
ϱ͘ϬϬϬ
ϭϮ͘ϳϬϬ
ϲϯϭϱϮϱϮD
ϲϯϭϱϮϱϮ&
ϲϯϭϱϮϱϮ^&
^ƚŬͬ͘ƉĐΎ
WŽůŝĞƌƉĂƐƚĞ^͘ϭϳϳ
ƉŽůŝƐŚŝŶŐĐŽŵƉŽƵŶĚƉ͘ϭϳϳ
DŝŶŝ&ŝůnjͲ&ćĐŚĞƌƐĐŚĞŝďĞ͕dLJƉ^
&ĞůƚƉŽůŝƐŚŝŶŐDŝŶŝŇĂƉĚŝƐĐƐ͕ƚLJƉĞ^
&ŝůnjůĂŵĞůůĞŶĨƺƌĚĂƐŇĞdžŝďůĞWŽůŝĞƌĞŶŬůĞŝŶĞƌŽĚĞƌƐĐŚǁĞƌ
njƵŐćŶŐůŝĐŚĞƌ^ƚĞůůĞŶ͘DŝƚWŽůŝĞƌƉĂƐƚĞnjƵǀĞƌǁĞŶĚĞŶ͘
T
ŵŵ
ƵĐŚŵŝƚͣZ͞ƵĨŶĂŚŵĞůŝĞĨĞƌďĂƌ͘
ĂůƐŽĂǀĂŝůĂďůĞǁŝƚŚƚLJƉĞZ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
&ůĂƉƐŽĨĨĞůƚŵĂƚĞƌŝĂůĨŽƌƉŽůŝƐŚŝŶŐŽĨƐŵĂůůǁŽƌŬƉŝĞĐĞƐ͘
hƐĞǁŝƚŚƉŽůŝƐŚŝŶŐĐŽŵƉŽƵŶĚ͘
^ƚĂŶĚĂƌĚ&ůĞdžŝďŝůŝƚćƚ
ƐƚĂŶĚĂƌĚŇĞdžŝďŝůŝƚLJ
džƚƌĂ&ůĞdžŝďŝůŝƚćƚ
ĞdžƚƌĂŇĞdžŝďŝůŝƚLJ
tĞŝĐŚ
ƐŽŌ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
tĞŝĐŚ
ƐŽŌ
DĞĚŝƵŵ
ŵĞĚŝƵŵ
ϱϬ
ϯ͘ϴϬϬ
ϭϵ͘ϭϬϬ
ϲϯϭϱϮϲϭ^&t
ϲϯϭϱϮϲϭ^&D
ϲϯϭϱϮϲϭ&t
ϲϯϭϱϮϲϭ&D
ϳϱ
Ϯ͘ϱϬϬ
ϭϮ͘ϳϬϬ
ϲϯϭϱϮϲϮ^&t
ϲϯϭϱϮϲϮ^&D
ϲϯϭϱϮϲϮ&t
ϲϯϭϱϮϲϮ&D
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
ƵĐŚŵŝƚͣZ͞ƵĨŶĂŚŵĞůŝĞĨĞƌďĂƌ͘
ĂůƐŽĂǀĂŝůĂďůĞǁŝƚŚƚLJƉĞZ
^ƚŬͬ͘ƉĐΎ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϳϱ
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
dKW&^,>/&^,/ͬhWt,>^
ůĂƐƟƐĐŚĞ/t^ĐŚůĞŝĨƐĐŚĞŝďĞŶ
/tĞůĂƐƟĐƌƵďďĞƌĚŝƐĐƐ
/tWƌŽĚƵŬƚĞĞŝŐŶĞŶƐŝĐŚĂƵƐŐĞnjĞŝĐŚŶĞƚĨƺƌĂůůĞ
DĞƚĂůůĞ͕ůƵŵŝŶŝƵŵƵŶĚĚĞůƐƚĂŚů͘ŝĞƐĞŐƵŵŵŝŐĞͲ
ďƵŶĚĞŶĞ^ĐŚůĞŝĨƐĐŚĞŝďĞŝƐƚŽƉƟŵĂůĨƺƌĚĂƐŶƞĞƌŶĞŶ
ǀŽŶ^ĐŚǁĞŝƘƉƵŶŬƚĞŶƵŶĚ^ĐŚůĞŝĨƐƉƵƌĞŶ͘sŽƌƚĞŝůĚŝĞƐĞƌ
^ĐŚůĞŝĨƐĐŚĞŝďĞŝƐƚ͕ĚĂƐƐƐŝĞƐŝĐŚŶŝĐŚƚnjƵƐĞƚnjƚƵŶĚĚĂͲ
ĚƵƌĐŚůćŶŐĞƌŝŶ'ĞďƌĂƵĐŚďůĞŝďĞŶŬĂŶŶ͘
T
ŵŵ
/tƉƌŽĚƵĐƚƐĂƌĞĞdžĐĞůůĞŶƚĨŽƌƚŚĞǁŽƌŬǁŝƚŚĂůů
ŵĞƚĂůƐ͕ĂůƵŵŝŶŝƵŵĂŶĚƐƚĂŝŶůĞƐƐƐƚĞĞů͘dŚĞƌƵďďĞƌͲ
ďŽŶĚĞĚĚŝƐĐƐĐĂŶƌĞŵŽǀĞǁĞůĚŝŶŐƐƉŽƚƐĂŶĚŐƌŝŶĚŝŶŐ
ŵĂƌŬƐ͘ůŽŐŐŝŶŐŝƐŶŽƚƉŽƐƐŝďůĞ͘dŚĞĚƵƌĂďŝůŝƚLJŝƐůŽŶŐĞƌ
ƚŚĂŶŽƚŚĞƌĚŝƐĐƐ͘
ŽŚƌƵŶŐͲT ĞůĂŐŚƂŚĞ
ďŽƌĞͲT
ĐŽĂƟŶŐ
ϭϬϬ
ϭϱ
ϲ
ϭϯ͘ϬϬϬ
<ϲϬ
<ϴϬ
<ϭϮϬ
ϲϯϭϱϮϳϭͬϲϬ
ϲϯϭϱϮϳϭͬϴϬ
ϲϯϭϱϮϳϭͬϭϮϬ
^ƚŬͬ͘ƉĐ
T
ŵŵ
ŽŚƌƵŶŐͲT ĞůĂŐŚƂŚĞ
ďŽƌĞͲT
ĐŽĂƟŶŐ
ϭϬϬ
ϭϱ
ϲ
ϭϯ͘ϬϬϬ
<ϭϴϬ
<ϮϮϬ
<ϯϮϬ
^ƚŬͬ͘ƉĐ
ϲϯϭϱϮϳϭͬϭϴϬ
ϲϯϭϱϮϳϭͬϮϮϬ
ϲϯϭϱϮϳϭͬϯϮϬ
tĞƌŬnjĞƵŐĞĨƺƌD'ͲϭϮϮEŵŝƚDϲ'ĞǁŝŶĚĞ
dŽŽůƐĨŽƌD'ͲϭϮϮEǁŝƚŚDϲƚŚƌĞĂĚ
ϲϯϳϬϮϬ
<ĞƌĂŵŝƐĐŚĞdŽƉĨƐĐŚůĞŝĨƐĐŚĞŝďĞŶ͕EŽƌŵĂůŬŽƌƵŶĚ
ĞƌĂŵŝĐĐƵƉǁŚĞĞů͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
'ĞǁŝŶĚĞ
ƚŚƌĞĂĚ
Dϲ
T
ŵŵ
<ϲϬ
<ϭϬϬ
<ϭϱϬ
ϮϬ
ϲϯϳϬϮϭͬϬϲϬ
ϲϯϳϬϮϭͬϭϬϬ
ϲϯϳϬϮϭͬϭϱϬ
^ƚŬͬ͘ƉĐΎ
ΎsWϮϰ^ƚŬͬ͘ƉƵϮϰƉĐƐ͘
^ƉĞnjŝĂůͲ^ĐŚůĞŝĩůćƩĞƌ͕ƐĞůďƐƚŬůĞďĞŶĚ͕EŽƌŵĂůŬŽƌƵŶĚ͕Ĩƺƌ,ŝŐŚƐƉĞĞĚ
^ƉĞĐŝĂůƉŽůŝƐŚŝŶŐĚŝƐĐƐ͕ƐĞůĨͲĂĚŚĞƐŝǀĞ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ͕ĨŽƌŚŝŐŚƐƉĞĞĚ
T
ŵŵ
<ϲϬ
<ϭϬϬ
<ϭϱϬ
<ϮϰϬ
<ϰϬϬ
<ϲϬϬ
ϮϬ
ϲϯϳϬϮϮͬϬϲϬ
ϲϯϳϬϮϮͬϭϬϬ
ϲϯϳϬϮϮͬϭϱϬ
ϲϯϳϬϮϮͬϮϰϬ
ϲϯϳϬϮϮͬϰϬϬ
ϲϯϳϬϮϮͬϲϬϬ
WĂĐŬΎ
ΎWĂĐŬϭϱϬ^ƚŬ͘ŝŶŬů͘,ĂůƚĞƌͬƉĂĐŬϭϱϬƉĐƐ͘ŝŶĐů͘ŚŽůĚĞƌ
^ŽŌͲ>ĂƉ^ĐŚĞŝďĞ^ƉĞnjŝĂůǀůŝĞƐĨƺƌ,ŝŐŚƐƉĞĞĚ
^ŽŌͲ>ĂƉǁŚĞĞůƐƉĞĐŝĂůŶŽŶͲǁŽǀĞŶĨŽƌŚŝŐŚƐƉĞĞĚ
Ó
ŵŵ
<ϮϰϬ
;ŐĞůďͬ
LJĞůůŽǁͿ
<ϯϮϬ
;ŐƌƺŶͬ
ŐƌĞĞŶͿ
<ϰϬϬ
;ŽƌĂŶŐĞͬ
ŽƌĂŶŐĞͿ
<ϲϬϬ
;ƌŽƐĂͬ
ƉŝŶŬͿ
<ϴϬϬ
;ůŝůĂͬ
ƉƵƌƉůĞͿ
<ϭϬϬϬ
;ďƌĂƵŶͬ
ďƌŽǁŶͿ
<ϭϱϬϬ
;ďůĂƵͬ
ďůƵĞͿ
ϮϬ
ϲϯϳϬϮϯͬϮϰϬ
ϲϯϳϬϮϯͬϯϮϬ
ϲϯϳϬϮϯͬϰϬϬ
ϲϯϳϬϮϯͬϲϬϬ
ϲϯϳϬϮϯͬϴϬϬ
ϲϯϳϬϮϯͬϭϬϬϬ
ϲϯϳϬϮϯͬϭϱϬϬ
ΎWĂĐŬϮϱ^ƚŬ͘ŝŶŬů͘,ĂůƚĞƌͬƉĂĐŬϮϱƉĐƐŝŶĐů͘ŚŽůĚĞƌ
'ƵŵŵŝƚƌćŐĞƌĨƺƌƌƵĐŬůƵŌƐĐŚůĞŝĨĞƌD'ͲϭϮϮE
ZƵďďĞƌŚŽůĚĞƌĨŽƌĂŝƌŐƌŝŶĚĞƌD'ͲϭϮϮE
'ĞǁŝŶĚĞ
ƚŚƌĞĂĚ
Dϲ
Ó
ϮϬŵŵ
ϯϱ͘ϬϬϬ
^ƚŬͬ͘ƉĐ
ϲϯϳϬϯϭ
ϳϲ
WĂĐŬΎ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
5RWLHUHQGH:HUN]HXJH
5RWDWLQJ7RROV
^K&dͳ>W^,/ͬ^K&dͳ>Wt,>
tĞƌŬnjĞƵŐĞĨƺƌD'ͲϭϮϯEͬϬϵϯEŵŝƚDϳ'ĞǁŝŶĚĞ
dŽŽůƐĨŽƌD'ͲϭϮϯEͬϬϵϯEǁŝƚŚDϳƚŚƌĞĂĚ
ϲϯϳϬϯϬ
ϲϯϳϬϰϬ
/tdŽƉĨƐĐŚůĞŝĨƐĐŚĞŝďĞŶ
/tƌƵďďĞƌĐƵƉǁŚĞĞů
ŝĞ/t^ĐŚůĞŝĨƐĐŚĞŝďĞŶƐŝŶĚƐĞŚƌŐƵƚŐĞĞŝŐŶĞƚnjƵŵ
ŶƚŐƌĂƚĞŶƵŶĚŶĨĂƐĞŶǀŽŶůƵŵŝŶŝƵŵͲƵŶĚĚĞůƐƚĂŚůͲ
ƚĞŝůĞŶŝŵ<ĂŶƚĞŶƐĐŚůŝī͘
'ĞǁŝŶĚĞ
ƚŚƌĞĂĚ
Dϳ
T
ŵŵ
ϯϬ
Ϯϯ͘ϬϬϬ
dŚĞLJĂƌĞĞdžĐĞůůĞŶƚĨŽƌĚĞďƵƌƌŝŶŐŽĨĂůƵŵŝŶŝƵŵĂŶĚ
ƐƚĂŝŶůĞƐƐƐƚĞĞů͘
<ϴϬ
<ϭϮϬ
<ϭϴϬ
<ϮϮϬ
<ϯϮϬ
^ƚŬͬ͘ƉĐΎ
ƚŬͬ͘ƉĐΎ
ϲϯϭϱϮϴϭͬϴϬ
ϲϯϭϱϮϴϭͬϭϮϬ
ϲϯϭϱϮϴϭͬϭϴϬ
ϲϯϭϱϮϴϭͬϮϮϬ
ϲϯϭϱϮϴϭͬϯϮϬ
ΎsWϭϬ^ƚŬͬ͘ƉƵϭϬƉĐƐ͘
<ĞƌĂŵŝƐĐŚĞdŽƉĨƐĐŚůĞŝĨƐĐŚĞŝďĞŶ͕EŽƌŵĂůŬŽƌƵŶĚ
ĞƌĂŵŝĐĐƵƉǁŚĞĞů͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ
'ĞǁŝŶĚĞ
ƚŚƌĞĂĚ
T
ŵŵ
<ϲϬ
<ϭϬϬ
<ϭϱϬ
^ƚŬͬ͘ƉĐΎ
Dϳ
ϯϬ
ϲϯϳϬϯϭͬϬϲϬ
ϲϯϳϬϯϭͬϭϬϬ
ϲϯϳϬϯϭͬϭϱϬ
ΎsWϮϰ^ƚŬͬ͘ƉƵϮϰƉĐƐ͘
^ƉĞnjŝĂůͲ^ĐŚůĞŝĩůćƩĞƌ͕ƐĞůďƐƚŬůĞďĞŶĚ͕EŽƌŵĂůŬŽƌƵŶĚ͕Ĩƺƌ,ŝŐŚƐƉĞĞĚ
^ƉĞĐŝĂůƉŽůŝƐŚŝŶŐĚŝƐĐƐ͕ƐĞůĨͲĂĚŚĞƐŝǀĞ͕ĂůƵŵŝŶŝƵŵŽdžŝĚĞ͕ĨŽƌŚŝŐŚƐƉĞĞĚ
T
ŵŵ
<ϲϬ
<ϭϬϬ
<ϭϱϬ
<ϮϰϬ
<ϰϬϬ
<ϲϬϬ
WĂĐŬ
ϯϬ
ϲϯϳϬϯϮͬϬϲϬ
ϲϯϳϬϯϮͬϭϬϬ
ϲϯϳϬϯϮͬϭϱϬ
ϲϯϳϬϯϮͬϮϰϬ
ϲϯϳϬϯϮͬϰϬϬ
ϲϯϳϬϯϮͬϲϬϬ
ΎsWϭϯϬ^ƚŬ͘ŝŶŬů͘,ĂůƚĞƌͬƉƵϭϯϬƉĐƐ͘ŝŶĐů͘ŚŽůĚĞƌ
^ŽŌͲ>ĂƉ^ĐŚĞŝďĞ^ƉĞnjŝĂůǀůŝĞƐĨƺƌ,ŝŐŚƐƉĞĞĚ
^ŽŌͲ>ĂƉǁŚĞĞůƐƉĞĐŝĂůŶŽŶͲǁŽǀĞŶĨŽƌŚŝŐŚƐƉĞĞĚ
Ó
ŵŵ
<ϮϰϬ
;ŐĞůďͬ
LJĞůůŽǁͿ
<ϯϮϬ
;ŐƌƺŶͬ
ŐƌĞĞŶͿ
<ϰϬϬ
;ŽƌĂŶŐĞͬ
ŽƌĂŶŐĞͿ
<ϲϬϬ
;ƌŽƐĂͬ
ƉŝŶŬͿ
<ϴϬϬ
;ůŝůĂͬ
ƉƵƌƉůĞͿ
<ϭϬϬϬ
;ďƌĂƵŶͬ
ďƌŽǁŶͿ
<ϭϱϬϬ
;ďůĂƵͬ
ďůƵĞͿ
WĂĐŬΎ
ϯϬ
ϲϯϳϬϯϯͬϮϰϬ
ϲϯϳϬϯϯͬϯϮϬ
ϲϯϳϬϯϯͬϰϬϬ
ϲϯϳϬϯϯͬϲϬϬ
ϲϯϳϬϯϯͬϴϬϬ
ϲϯϳϬϯϯͬϭϬϬϬ
ϲϯϳϬϯϯͬϭϱϬϬ
ΎWĂĐŬϰϬ^ƚŬ͘ŝŶŬů͘,ĂůƚĞƌͬƉĂĐŬϰϬƉĐƐ͘ŝŶĐů͘ŚŽůĚĞƌ
'ƵŵŵŝƚƌćŐĞƌĨƺƌƌƵĐŬůƵŌƐĐŚůĞŝĨĞƌD'
ZƵďďĞƌŚŽůĚĞƌĨŽƌĂŝƌŐƌŝŶĚĞƌD'
'ĞǁŝŶĚĞ
ƚŚƌĞĂĚ
Dϳ
Ó
ϯϬŵŵ
Ϯϯ͘ϱϬϬ
ĚƉĂƚĞƌĨƺƌDϳtĞƌŬnjĞƵŐĞĨƺƌϯÓŵŵ^ƉĂŶŶnjĂŶŐĞŶ
ĚĂƉƚĞƌĨŽƌDϳƚŽŽůƐĨŽƌϯÓŵŵĐŽůůĞƚĐŚƵĐŬƐ
^ĐŚĂŌ
ƐŚĂŶŬ
Eƌͬ͘EŽ͘
ϯ
ϲϯϳϬϮϰ
^ƚŬͬ͘ƉĐ
^ƚŬͬ͘ƉĐ
/tdŽƉĨƐĐŚůĞŝĨƐĐŚĞŝďĞŵŝƚ
ƵĨŶĂŚŵĞĂƵĨhdϬϲŵŽŶƟĞƌƚ
/tĐƵƉǁŚĞĞůĮƩĞĚŽŶĂ
hdϬϲďLJĂŵĂŶĚƌĞů͘
ZĞĚƵnjŝĞƌŚƺůƐĞͬZĞĚƵĐŝŶŐƐůĞĞǀĞ
ϲϯϳϬϮϱ
ϲŵŵ
ĂƵĨͬƵƉƚŽ
Eƌͬ͘EŽ͘
ϯ͕Ϭ
ϲϯϳϬϮϲ
^ƚŬͬ͘ƉĐ
7HOHIRQ7HOHID[LQIR#QRYDSD[SROLHUPLWWHOGH
ϳϳ

Similar documents