Post on 30-Apr-2020
transcript
FI NANCIAL STATE M ENT (U N-AU DITED)
FoR THE lsr qUARTER PERToD ENDED
30 SEPTEMBER 2016
of
GBB POWER LIMITED
GBB POIryER LTMTTEI)House # 7, Road # 4, Dhanmondi R,/A, Dhaka-1205
UNAUDITED STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2015
PARTICUTARS
NET ASSITS :
Non-Current Assets
Property Plant & EquipmentsLeasehold Land Development
Current Assets, Loan & Advances
lnvestment
InventoriesAdvance, Deposit & PrepaymentsAccounts Receivable
Sundry Debtors
Cash and Cash Equivalents
Total Assets
EQUIW & TIABILITIES:
Shareholders' Equity
Ordinary Share Capital
Share Premium
Retained Earnings
Current Liabilities and Provisions
Accounts Payable
Sundry Creditors
Accrued Expenses
Workers Profit Participation and Welfare Fund
Provision for Tax
Unclaimed DividEnd
Short Term Bank Loan
Total Equity & Liabilities
Net Assets Value (NAV) Per-Share (Adjusted)
3".*-?l-(Director)
NOTES 3O-Sep-15
(Amount in Taka)
[,,,*"-lL,341",48L,33L
1,336,281,506
199,82401
02
L,335,tg,-,775
1,330,179,896ott,879
03
o4
05
06
07
08
782,927,729
10,743,367
82,278,775
170,526,775
93,378,7603,593,750
422,466,303
2,139,408,530 2,124,409,060
2,008,435,149
969,557,600866,550,0O0
L72,327,549
1,978,389,533
969,557,600865,550,00O
142,28t,932
0910
lLt2t913
t4
130,973,381
50,277,55O
420,2594,706,337
!5,204,304
20,238,2792,935,955
37,290.798
!46,0L9,527
45,7O0,060
445,9653,557,262
13,642,004
19,037,86927,385,98t36,250,387
2,139r408r530 2,124,409,060
24.7L
2,NManaging Director
20.41.
-a^Nf)Chief Executive Officer
8O4,2L5,755
10,743,367
71,495,217269,258,242
95,659,983500,000
947
6H6Date: Dhaka, 30 October, 2016
Page 1
Company Secretary
GBB POWER LIMTTEI)UNAUDITED STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 SEPTEMBER 2016
PARTICUI-ARS
SALES REVENUE
COST OF ENERGY SOLD
GROSS PROFIT
ADMINISTRATIVE, FINANCIAL & OTHER EXPENSES
NET PROFIT BEFORE OTHER INCOME & TAX
OTHER INCOMT
NET PROFIT BEFORE CHARGING INCOMETAX
CONTRIBUTION TO WPP & WELFARE FUND
NET PROF]T BEFORE INCOME TAX
AFTER W.P.P. & W.F
PROVISION FOR TAX
NET PROFIT AFTER TAX
Eirnings Per Share - EPS (Adjusted)
NOTESJuly 1 to September 30,
2016
132,774,952
{84,264,4061
15
16
130,323,860
(90,966,272)
47,970,447
(!9,982,072)
39,357,589
(19,t2o,552)17
18
27,928,435
4,879,895
20,237,036
5,O92,12O
32,809"330
(1,562,301)
25,329,156
(1,266,4581
19
3t,246,O29
(1,200,4111
24,062,698
(1,352,0211
30,045,517 22,710,677
sl^-JlL-Chairperson (Director)
- ^l+7. Ja. i-----=
Managing Director-<ZAtsr-A
Chief Executiffi-fficer
te: Dhaka, 30 October, 2015
Page 2
PARTICULARS
Cash Flows from Operatint Activities
Collections from Tu rnover
Payment for Cost and Expenses
lncome Tax Deducted at Source
Cash Flows from lnvesting Activities
Acquisition of Property, Plant and Equipment
Cash Flows from Financing Activities
Cash Credit and Other Short Term Loan
Fraction Share Dividend
Dividend/Fraction Share Dividend Paid
lncrease in Cash and Cash Equivalent
Cash and Cash Equivalents at Opening
Cash and Cash Equivatents at Closlng
Net Operating Cash Flow Per Share (Adjusted)
Chairperson (Director)
GBB POWEN LTMITEI)UNAUDTTED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
1 JUIY TO 30
SEPTEMBER
2015
L34,773,524(1,55,423,776l.
(8,333,775)
(28,983,4271
(11,342,390],
(11,342,390)
(L,O40,4L2)
(24,550,726)
(25,590,538)
(65,915,355)
422,466,303
356,549,947
(o.3ol
L36,253,993
(!28,229,493)
(9,224,774].
(200,2741
(6,671,499)
i6,671,4991
(70,776,775!,
161,091
(11,891)
110,627,5741
(!7,499,3471
271,497,1O3
253,997,755
(0.00)
sh,ZZ ,lVianagingDirector Chief Executive6ffier&*
Company Secretary
(Amount in Taka)
Date: Dhaka, 30 October, 2016
GBB POIryER LTMTTEI)
UNAUDITTD STATEMENTOF CHANGES IN EQUIWFOR THE YEAR ENDED 30 SEPTEMBER 2016
in Taka
PARTICULARSORDINARYSHARE
CAPITALSHARE PREMIUM
SHARE MONEY
DEPOSITS
RETAINED
EARNINGSTOTAL
Lst July 2015
tlet Profit for the Period
959,557,500 866,550,000 80,000 142,28t,932
30,045,617
1,978,469,532
30,O45,6L7
lOth September 2016 969,557,600 865,550,000 80,000 172,327,549 2,009,515,t49
tn
PARTICUTARSORDINARYSHARE
CAPITAISHARE PREMIUM
SHARE MONEY
DEPOSITS
RETAIT{ED
EARI{INGSTOTAT
lst July 2015
,rior years adiustment for Tax
969,557,6fi) 866,550,000 80,0(x1 148,34L,822
5,531,143
1.,984,529,422
5,531,143
\djusted Opening Balance
Jnrealize Loss on Marketableiecurities
{et Profit for the Period
969,557,500 856,550,000 80,000 t42,81O,679
(614,880)
22,770,677
1,978,998,280
{614,8801
22,710,677
30th September2015 969,557,500 866,550,000 80,000 L54,906,476 2,001,094,o76
2>7 . .J4Managing Director
9."-A-Chairperson (Director) Chief ExeedtivE Officer
@Company Secretary
Date: Dhaka, !0 October, 2016
Page 4
GBB POWER LIMITEDNotes to the Financial Statement
FOR THE 1.t qUARTER ENDED 30 SEPTEMBER 2016
Basis of Preparation
The,l-'t Quarter financial statements are being presented in condensed form in accordance with the
requirements Of Bangladesh accounting Standards (BAS-34) "lnterim Financial reporting" and rule 13 of
the Securities & exchange rules 1987. These financial statements are un-audited and are being
submitted to the shareholders. The presentation of the 1" Quarter financial statements requires the use
of estimates and assumption that affect the reported amounts of Assets and Liabilities at the date of 1't
Quarter financial statements and reported amounts of revenue and expenses during the period.
Although these estimates are based in management's best knowledge of the amount, events or actions,
actual results may differ from those estimates.
Presentation of Financial Statements
The 1't Quarter financial statements are presented in Bangladeshi taka since this is the currency in which
the total transactions are denominated. Being a listed company GBB power Umited prepares its financial
statements (annual or interim) complying with the Bangladesh accounting standards (BAS) as applicable
and the company is well conscious of any new reporting standards and its associated impact on the
company's financial staternents considered for adoption by the lnstitute of Chartered Accountants ofBangladesh (ICAB).
Accounting Policies
The accounting policies and method adopted for the preparation of these accounts are the same as
those applied in preparation of accounts for the preceding year ended June 30, 2016.
Earnings per share
Earnings per share has been calculated in accordance with BAS-33 "Earnings per share". Earnings per
share (EPS) Adjusted as on September 30, 2015 Tk. 0.23 and as on September 30, 2016 Tk. 0.31
Numbers of Shards
ParticularsSeptember 30
2ot6
September 30
2015
Number of Shares 9,69,55,750 9,69,55,760
Net Profit (Tk.) 3,00,45,6L7 2,27,].0,677
Earnings per share (Adjusted) 0.31 0.23
Page 5
O1.OO PROPERTY PTANT & EQUIPMENTS
The figures have been arrived at as under:
Cost as per last account
Add : Additions during the year
Less : Accumulated Depreciation
Written down value
, Details have been shown in Annexure-'01'
(First Charge created by Bank Asia Limited,
O2.OO LEASEHOLD LAND DEVELOPMENT COST:
The figures have been arrived at as under:
Balance as per last Account
Less: Amortization during the Year
O3.OO INVESTMENT AT COST:
The break-up ofthe above amount is as under :
lnvestment at Openinglnvestment During the YearSale/Buy During the YearChang in Gain/LossTotal lnvestment at Marketable value
04.00 tNvENToRlEs:
The break up ofthe above amount is as under:
Stock of Spare Parts for General
Stock of Spare Parts for E-70
Stock of Lubricants
0s.00 ADVANCE, DEPOSIT & PREPAYMENTS:
The break up of the above amount is as under :
Other Advances (Note-05.01)
Bank Gurantee Margin (Bank Asia Ltd)
L/C Expenditure (Note 05.02)Advance against Expenses
.Tax Deducted at Source on Other lncome
Advance lncome Tax Deducted at Source
Other Advances:
The break up of the above amount is as under :
Advance Rent (Office Rent)
Advance Rent (Office Car Parking)
Advance to Staff (Against Office Work)Advance to Staff (Against Salary)
Prepaid lnsurance Premium
1,876,699,763 7,865,357,373
546,519,867 529,075,867
1,330,179,896 1,335,291,506
Dhanmondi Branch, Dhaka on Fixed & Floating Assets)
Tk. s,Oll-,g7g
Tk. L,330,t7g,gg6
Tk. 10,743,367
Tk. 7L,495,2L7
Tk. 269,268,242
Tk. 3,369,348
34,175,240
36,456,515
L1,587,02O
71,495,217 82,2L9,775
05.01
703,151!67,04098,089
I ,*rr*"1854,080187,920
40,089
802,1302,539,930
4,423,049
m9[;;--l1,865,357,373
11,342,390
1,834,t25,011
31,232,362
I s"rt"rb"r 30. I|' zore' I I June3o'2016
|
I S"rt"a-b"r 30J|' zore' | | rune3o'2016
|
to,743,367 L2,577,00772,473,445
(12,842,276)(L,464,810)
_10,743367_ __n,743,367
m1 @t31,525,240
30,035,957
9,934,020
5,tgg,g24
187,945
5,011,879
5,575,715
375,891
s,Lgg,824
wl@l3,369,349
t,g33,2gg1,45!,393
95,050,226
3,240,095
L64,2L3,881
269,269,242
4,423,049
1,933,2985,050,226
2,703,940
156,4L6,262
110,526,775
Page 6
05.02 L/C Expenditure:
L/C Margin & Document Value
L/C Commission
L/C Bank Charges
L/C Customs & Others
L/C lnsurance Premium
06.00 ACCOUNTSRECEIVABLE:
Bangladesh Power Development Board
O7.OO SUNDRYDEBTORS:
08.@
08.01
Tk. 1,461,393
Tk. 95,659,993
Tk. 5fi),firo
TK 356,549,947
95,659.983
95,659,993 93,379,760
s00,000
93,750
3,000,000
5(xr,(xro 3,593,750
I S""t"r"b"r 30J| ',0,0 'l
I rune3o'2016 |
1,300,689
78,04t
19,806
62,857
7,837,547
27,887
3,778,130
12,662
_5,050,226_
I ,*rr*" I93,379,760
The break up of the above amount is as under :
Central Depository Bangladesh Limited
IDLC Finance Limited
Trade lnternational Oriental Autos
CA$I AilD CASH EQUIVAIEITTS:
The break up of the above amount is as under :
Cash in Hand at Head Office
Cash in Hand at Branch Office
Cash at Bank (Note-08.01)
Fixed Deposit at Bank (Note{8.02)
CASH AT BANKs:
The break up of the above amount is as under :
AB Bank Ltd.-4006-757891-000Bank Asia Ltd. A/C 00733003080Bank Asia Ltd. A,/C OO733OO32O1 ESCROW
Bank Asia Ltd. A/C 02133001252
Bank Asia Ltd. A"/C 02136000275
BRAC Bank Ltd-1501201917599001Dutch Bangla Bank Ltd. AlCtt0.t20.231lEastern Bank Ltd. HPAC-1061360 76087 4Prime Bank Limited Al c-t4617020018121Sha hj a la I I sla m i Ba n k Ltd. A,/C:4003 1 240OOOOO22
Shahjalal lslami Bank Ltd. A,/C:400313100001649 Divident A,/C
Sha hja la I lsla mi Bank Ltd. A/C:4003 13100001648Sharp Securities Ltd. 28999 BO A/C # 1203180052163888Trust Ba nk Li mited A/ c-0017 0320000996
_356, 9,947_ _422ffi30B_
I S"rt"r"t..3OJ|' zore' I I rune3o'2016
I
375,332
46,945
1
L
46,505,510
762,78s
L18,652
66,464t22,887
22,843,893
2,838,877
1,000
78,702
I s"rt"rb", 3o. I|' zors' | | rune3o'2016
I
s00,000
Tk. 73,151,039
375,332
140,695
t1
58,354,996
t62,795119,075
66,464
242,63745,91!,17926,996,464
79,202
403,392
_142,842,223_
mEl l,*,.,,o'.117,7s7
511,001
73,161,039
282,860,151
69,676
603,638
142,U2,223
278,950,765
Page 7
73,L61,-O3g
08.02 Fixed Deposit at Bank:
The break up of the above amount is as under :
Bank Asia Ltd.,Scotia Branch
Bank Asia Ltd. ,Dhanmondi Branch
AB Bank Ltd. (ABBL) ,Dhanmondi Branch
IDLC Finance Ltd.Shahjalal lslami Bank Ltd.
NCC Bank Ltd., Dhanmondi Branch
o9.go AccouNTS PAYABLE
The break up of the above amount is as under :
11,00 ACCRT'EDEXPENSES:
The break up of the above amount is as under :
Salary & Remuneration
Employees Fringe Benefits (Note-11.01)
Office Rent
liabilities for Verious Expenses
Audit Fees
11.01 Employees Fringe Benefits
The break up of the above amount is as under :
Opening Balance
Payable During the period
Total
Less: Disburse duringthe period
Less: Transfer to Gratuty A/C During the Period
12.00 Workers Profit Participation and Welfare Fund
The break up of the above amount is as under :
Opening Balance
Addt Made during the period
Total
Less: Disburse During the Period
Fuchs Lubricants Bangladesh Ltd.
Pashchimanchal Gas Co. Ltd.
Kaltimex Bangladesh
SUNDRYCREDITORS: Tk.
The break up of the above amount is as under :
Alam BrothersShare Money DepositTax Deducted at Source {TDS) from salary,suppliers, office rent etc.
Tk. 282,850,1s1
Tk. 50,277,550
420,259
rk 4,7(}6..3,?7
Tt. 8!n2O2
Tk. 15,204,304
3,S51,555
L,738,199
t,923,366 3,111,995
933,164 440,522
_8W2O2_ _2,6?Lp63
1,374,077
1,797,809
3,111,995
L5,204,304 15,768,368
2,L26,365
15,204,304 13,642,003
I]--l--nb"r30. Il' rort' | | rune3o'2016
|
3,423,3t967,736,47287,020,033
96,696,0s472,654,688
15,329,585
_?82,9994I_
3,383,3s3
66,976,63085,778,788
9s,196,70612,500,000
1s,175,888
_n8,95o,765-
ffi1 f,*,i-'.l391,629
45,128,43t180,000
_so,2ry,sso_ _tlzgg,oqg_
l]---t*lnb".36:l|' zor.' | | rune3o'2016
|
685,899
200,000
80,000340,259
___4m,259_
l-s.ja"-b..30,1I zore I
3,O10,900ggo,202
65,516
739,779
50,000
80,000315,965
___11s,95!_
@2,671,363
4,16,337 3,557,262
I s""t"-b.r 3o. I|' zors' I I rune3o'2016
|
2,671,363
890,202
397,62949,885,921
fs*-t-rb"r3d.l|' zoro' | | rune3or2016
I
13,642,003
1,562,30L
!1,79L,287
3,977,080
Page 8
13.00 UNCIAIMEDDIVIDEND:
The break up of the above amount is as under :
OpeningAddition (Cash Dividend)
Less: Paid During the Period (Cash Dividend)Less: Paid During the Period (Fractional Share)
14.00 BANK & FINANTIAT INSTITUTE LOAN:
I The break up ofthe above amount is as under:
ShortTerm Loan BankAsia Ltd. (STL) -02135001288
ShortTerm Loan BankAsia Ltd, (STL) -02135001298Sha hja la I lsla mi Ba nk Ltd. A/C:4003 1 24OOOOOO22
Bank Asia Ltd, OD A/C 02133001382
Tk. 2,83s,85s
?7,290,798
fs=-t"rnb"r36. IJ 'rors 'l
I rune3o'2016 I
399,980
96,955,76097,355,741)
(69,968,8471
(s12)
_u,*5,98t_
frr""-,r."118,939,499
L4,037,894
3,006,250
266,743
_lg3!9&_
27,385,981
27,385,99L
124,55O,L26)
_--?,83s,!!!_
lT"pt"rGr3q-lI 2OL6 |
!4,962,!8312,539,600
9,793,0905,926
_?!aeozeB_
Page 9
15.00 TURNOVER: Tk.
The break up ofthe above amount is as under :
Rental & Energy Sold*
16.00 COST OF ENERGY SOLD:
The break up ofthe above amount is as under :
ConSumed Cas BillDirect Expenses (Note- I 6.01)
16.01 Direct Expenses:
The break up ofthe above amount is as under :
Lubricants Consumed (Note-l 6.01. l)Salary & AllowancesOperating Expenses-Bogra PlantSpare Parts (Note-l6.01.2)Spare Parts for E-70 (Note-16.01.3)Depregiation Expenses
Amortization of leasehold land development costPlant AII Risk Insurance PremiumAltemator Repair ExpensesRepair & Maintenance
l6.0i.l Lubricant:
The break up ofthe above amount is as under:
Opening StockAdd: Purchases
Less: Closing Stock
16,.01.2 Spare Parts : General Tlc
The break up ofthe above amount is as under :
Opening StockAdd: Purchas
Less: Closing Stock
16.01.3 Spare Parts : E-70 Tl<.
The break up ofthe above amount is as under :
Opening Stock
Add: Purchase
Less: Closing Stock
Tk 132,174,852
July I to September 30,
2016
132,174,852
*This tumover is from sale of energy to Bangladesh Power Development Board.
July 1 to September30,2015
130,323,860
Tk. 84,264,406
Tk 46,860,369
Tk 3,990,000
10,967458
6,420,558
July I to September 30,2016
37,404,037
46,860J69
84,264,406
July 1 to30,2015
37,715,98753,250,286
90,966,272
July 1 to September 30,2016
July 1 to September30,2015
3,ggo,oo04,746,092
510,384
10,967,2586,420,559
t7269,s60186,066
846,277
1924,174
46f60J6'
2,576,0004,g4g,g1g
320,56616,887,1415,780,372
17,240,183
186,066
846,277
l,4oo,o0o3,064,763
s32s0286
July 1 to September 30,20t6
11,587,0202,337,000
13,924,0209,934,0203.990,000
JuIy I to30,2015
13,099,1502,576,000
15,675,15013,099,150
2.576"000
July 1 to September 30,2016
34,175,240
, 8,317,25842,492,49831,525,240
10.967258
July I to September 30,2016
36,4s6,51s
36,456,51530,035,957
6,420,559
July 1 to30,2015
29,706,45016,887,141
46,593,59129.706.450
_!s,gy_J4t
July 1 to September30,2015
38,671,353
22,827,20861,498,56155,718,1 89
5,790,372
Page l0
ADMINISTRATIVE, FINANCIAL & OTIIERl7'oo EXPENSES:
The break up ofthe above amount is as under :
Administrative Expenses (l 7.01 )Financial Expenses (17 .02)Other Expenses (17.03)
17.01 Administrative Expenses:
The break up ofthe above amount is as under :
Salary & AllowancesEmployees Benefits ${ote- 1 7.0 1.0 I )Directors RemunerationDirector's Meeting AllowanceConsultancy Fee
Contribution for PF
AdvertistingAnnual General MeetingElectric BillOffice MaintenanceAudit fee
WasaBill/Fresh WaterCar Rental Expenses
Depreciation Expenses
Amortization of leasehold land development cost
Miscellaneous
17.01.0 1 Employees Fringe Benefits:
The break up ofthe above amount is as under :
Annual LeaveGratuitty
17.02 Financial Expenses :
The break up ofthe above amount is as under :
Bank ChargesInterest on Bank Loan
Tk 19,982,012
Tk 7,941,477
TK 890,202
TK 1,626,166
July I to September 30,2016
7,941,477
1,626,16610,414,369
19,982,012
JuIy 1 to September30, 2015
10,399,417
2,129,2516,591,884
19,120,552
July I to September 30,
2016July I to September
30,2015
3,970,600890,202
2,L75,00025,000
127,776
47,544296,439
55,2406,887
7,1.54
152315174440
L,87911,0m
7,941,417
4,305,481 .
787,476
2,175,00040,000
215,21872,690
106,893
2,t57,16481,988 '
78,255
23,816166,813
L74,143
1,87912,600
t0$99A17
July 1 to September 30,2016
319,885570,317
E90202
July I to September30,2015
283,885503,591
787,476
July 1 to September 30,2016
498,423
127.743
1,626,166
July I to September30,2015
506,267
1,622,984
2,129,251
Page I I
17.03 Other Expenses :
The break up ofthe above amount is as under :
18.00 OTHERINCOME
The break up of the above amount is as under :
Interest on SND, MMSA & FDR Account. Insurance Claim
Cash Divident on Investment
19.01 PROYISION FORTAX
The break up ofthe above amount is as under :
Opening Balane
Provision for Tax on SND, MMSA & FDR lnterestProvision for Tax on Other Income
Provision for Tax
19.02 TAX DEDUCTED AT SOURCE
The break up ofthe above amount is as under :
Opening Balane
On SND, MMSA & FDR Interest
Fuel Expenses
Repair, Maintenance & Registration for CarTelephone & Mobile ExpensesTraveling & Conveyance Exepenses
Courier Service Expenses
Dependable Capacity Test Expenses
Donation & SubscriptionEntehainmentFooding Bill for StaffInsurance Premium Expenses
Internet Line Expenses
Legal Expenses
Arbitration Expenses
Licence Fee
Listing Fee (DSE & CSE)News Paper BillOffice RentPrinting & StationeryProfesional Fee and Membership Fees
Safety MaterialsTransportationRegistration ExpensesShare Holder's Data Processing Expenscs/R.egistration Expenses
Solar Power Expenses
Promotional Expenses
Other Operational Expenses
Utility Bills/Service Charges
Tk 10,4"1,4,369
TIL 4,E79,E95
TIL 20,238,279
Tk 3,240,096
July I to September 30,
20r6July 1to
30,2015
142,275
198,354
48,272
6s,92491,575
442,47r600,000
340,310
27,742
3g5,gg7
u'.-*
1,124273,858
5,708,60057,500
966,129
154,851
200,000457.3n
126,180
e7967
210,000
174,230i) )))
53,543
183,595
466,761
1,5I5,10331,122
65,82850,514
7,057,02216,3049,740
643,309'1,200
208,494630,020325,185513,517
23,804121,260
17,500
174,213
63,397
6,591$8410414,369
July I to September 30,20r6
4,498,639
391,2564.879.895
JuIy 1 to30,2015
4,916,440
175,680
-!'7!9J60July I to September 30,2016
19,037n8681,122,160
78,251
20,238,279
July I to September30,2015
13,190,1161,352,021
14,039,598
July I to September 30,2016
2,703,940
457,905
78,251
July I to30,2015
502,539
On Other Income
Page 12
3440,096 502,539
F.scJoE
orlCJ(or.r)
O)(oNNFI
o<trd-
+r..r..l
g.9.g(,oCLooocol!(,-9a
CoFQ:f!loL
CL
ov!ouo6
co'trrc
.EEE
oE'ob0
a!o5(oa! F{>ocNEEgro5gB.ts
=
lncnr.r)
oO(olrldo)
NstcndoorlLNOtOl
sfOlr)sl--Lr)
oo'(,lr-l
NN<ft)F{(nd
o@Ol(or{(orl
-NsfdcoOlr{
oOF.(ocnOla.l.ri6l
<lNO)(n@N
roO)@ctr
F{
ommd
co(!(JoCLoo
-(ob3oNl!l!_z(!fgo'
r,.isfNN@@oO(n
(o(oO)Nlr)O)OrO)CN
rnNr.r)
oof..r.r)@
HNo)-iN<f
^i
00(ornstNc.lN
strnO)f..00(o1r)
rnOl-lcriNNo
OrOr
F{
t\(nrl
ro€oru1(o<frn
-,b! .9.5b=roo
.c,
NrnN(nsir{rl
l'-<frn..i(orn(\r{
OlN(odot)N
ancnooi(o
rlcnOrl@
r.r)(ol-.a,t'Nr\
cllrno+OrN
oOOt
=i
ooo<tst<t
F{
E99lo(!N8=C-r!=(EF{roo
sfoOOl(nsfl'.r\rn
O)r{(O
dOl(nF.-oO(n
\tOl@cfiOlr"lcfioO
co00@oiosfoi
F\rnr/)(nstr{N
Ol@rlr/lF{
Olst
(orn
O)(\OtO)
O)OrrJ)
d!nforl
(o@rnooiNln
o.!&,
>Ru1
xIJ.)
xrjt >RoN
soN
soN
xrn xoN
6oI
_(Ob36N(! lr,_z.!3gc;
(ol.\Nl/trnstOl(\lrl
Oorf)Orcor{lJrOl(nd
l'.Flr{./if..NstooN
fn(nr\@N(n
coslljrFlsfoO
.l1
lJ")F(noNolnN
(nt-00(Drlrr)(n(n
cnf!sllnt)(.orl
(nrO
otor(o€q,
q0
.s:E€.t90,.EtE€:tr
ooNol/)d
oO)(oFiotFlelF{
oOrrYlNttYl
ESl^OON8=C--g=a! r{coe
(or\NrJlr/)<fot.NFl
00ocnOlmFtttO)fnrl
t\FlriL11Nr{<t@c\
(n$(nNooN(n
oO+oooOl(orn
tloOro(.D(n@rnr-l
(nr\0o(or{lr)(n(n
(r1Nstlnt,(o-.1
mm
]nfnrn(ooo
ogJ(J
tsGA
qo
.qEoo-OU
bo.cEJm
-ocE()(E
od
C(o
E
coEo-
EL!odtooL
tho)PxiIdo).EcL
=u-
coE.s)oLrJ
G,Ui=a)
(E(J(I,,()
i;a)
l4o
=co(uULo(!L
q(o'-OJP(E
boc!.,P
.C
Eo
Oerlll Hl
FtrIr>l
=HtI vtl
J8lullul Hl
=Elogttr61E3lEEI(I,81