QLD CSG Overview

8/10/2019 QLD CSG Overview

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14/48

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15/48

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'ZI NJHVKI J[ SFQ LZFL \!HH MIQJRG FL F S!NIP RIQIRNJ!R ORIQQVRI [RJK F TJFH GIM J[

`PJ\P NJHVKI FPM MIPQ!LW$

1FQ %P 2HFTI !Q F [VPTL!JP J[ RIQIRNJ!R NJHVKI FPM 1FQ ,JPLIPL OHVQ FPW QJHVL!JP SFQ \!LZ!P

LZI [JRKFL!JP \FLIRQ LRFOOIM \!LZ!P LZI TJFH GIM THIFLQ$


17/48

6PLZJPW .ZF\ 2FSI #7 XVHW 7B#=

!"#$%& :)O * PN9AC8& /D 9 E93#A$"% G5/24&%A D/% 26C"198 5$B B"2$A"3/$5 1/98 59AC8&

W09C2&0 D%/A XE/D2"3 :UUSY

KCVC>?A @.I!MHI 7B##A @0!SVRI =$EA

!>-"('"10"%

I&033)&0[BPP63+-

$"+%+-. 2-3 ,'"%0"% '4 *'-. 3-16.0

-% ZVP1 (06%7 [ ZC\ 1]^%

!>3'&>0( 2-3 ,-6-*+%R S!*T -%

ZVP1 [ _CK 1]^%

>?A

KC_CJ??J,=$LJ IJEMJ!8$;$=H

'ZI PIL I[[ITL!NI OIRKIFG!H!LW \!LZ!P LZI THIFL QWQLIK !Q F MWPFK!T [VPTL!JP J[ QINIRFH

[FTLJRQ !PTHVM!PS OZFQI QFLVRFL!JPU THIFL [RI]VIPTWU THIFL [!QQVRI Q!_IU TJFH GIM QLRIQQIQU SFQ

TJPLIPLU LIKOIRFLVRI FPM ORIQQVRI @2FHKIR FPM 9FPQJJR! #>>>?A$


20/48

6PLZJPW .ZF\ 2FSI #: XVHW 7B#=

KC_CBC >?A


21/48

6PLZJPW .ZF\ 2FSI #D XVHW 7B#=

!"#$%& :)(U * =&892">& C&%A&9B"8"26 XE/D2"3 :UUSY

KCbCIEF>?A$

4FRHW H![I

*I\FLIR!PS QLFSI JTTVRQ FL \IHH QLFRL VO LJ RIMVTI RIQIRNJ!R ZWMRJQLFL!T ORIQQVRI LJ

MIQJROL!JP ORIQQVRI$ 'ZI KFSP!LVMI FPM MVRFL!JP J[ LZI MI\FLIR!PS QLFSI !Q F [VPTL!JP J[

LZI 5FPSKV!R 1FQ .FLVRFL!JP @1QA FPM THIFL NJHVKI FPM TJPL!PVIQ VPL!H ZWMRJQLFL!T ORIQQVRI

RIFTZIQ FMQJROL!JP ORIQQVRI$ *I\FLIR!PS KFW GI ORJHJPSIM GW !P[HV^ [RJK PI!SZGJVR!PS

F]V![IRQ$

1FQ ORJMVTL!JP !P!L!FLIQ \ZIP LZI SFQ TJPLIPL J[ LZI THIFL \FLIRQ !PTRIFQIQ FGJNI LZI

TR!L!TFH QFLVRFL!JP HINIH LJ FHHJ\ SFQ KJG!H!LW$ 1FQ ORJMVTL!JP !PTRIFQIQ \!LZ LZI TZFPSI !P

RIHFL!NI OIRKIFG!H!LW FQ LZI ORJOJRL!JP J[ SFQ LJ \FLIR !PTRIFQIQ !P LZI THIFLQ MVR!PS

MI\FLIR!PS$

2IF` 1FQ

)P RIFTZ!PS MIQJROL!JP ORIQQVRIU GVH` SFQ M![[VQIQ [RJK LZI TJFH KFLR!^ !PLJ LZI THIFL

QWQLIK FPM [HJ\Q LJ LZI \IHH GJRI \Z!HQL LZI \FLIR RFLI MITH!PIQ LJ K!P!KVK$


22/48

6PLZJPW .ZF\ 2FSI #E XVHW 7B#=

'ZI L!KI LJ RIFTZ OHFLIFV SFQ !Q F [VPTL!JP J[ LZI 5FPSKV!R %QJLZIRK FPM 5FPSKV!R 1FQ

.FLVRFL!JP$ 'ZI HIQQ QFLVRFLIM LZI RIQIRNJ!RU LZI HJPSIR LZI MI\FLIR!PS MVRFL!JP OR!JR LJ

RIFTZ!PS [VHH SFQ ORJMVTL!JP$ 'ZI KFSP!LVMI FPM MVRFL!JP J[ LZI OHFLIFV RFLI !Q F [VPTL!JP

J[ LZI 1FQ ,JPLIPL @1TAU I[[ITL!NI OIRKIFG!H!LW FPM &IL ,JFH @TRJQQ QITL!JPFH FRIF J[ TJFH

QIFKA$

9!M 5![I

*VR!PS K!MH![IU SFQ ORJMVTL!JP MITH!PIQ [RJK OHFLIFV LJ F RIHFL!NIHW TJPQLFPL HFLI H![I [HJ\

RFLI$ (IHFL!NI OIRKIFG!H!LW J[ \FLIR RIKF!PQ HJ\ MVI LJ GVH` SFQ [HJ\ !P THIFLQ FPM LZVQ

K!P!KFH MI\FLIR!PS !Q RI]V!RIM LJ KF!PLF!P \IHH \FLIR HINIH GIHJ\ LZI TJFH GIM$

5FLI 5![I

*VR!PS HFLI H![IU LZI SFQ ORJMVTL!JP RFLI !Q RIHFL!NIHW TJPQLFPL FPM KFW TJPL!PVI [JR JNIR #B

WIFRQ \!LZJVL FOORIT!FGHI MITH!PI$ 9!P!KFH MI\FLIR!PS !Q RI]V!RIM LJ KF!PLF!P \IHH \FLIR

HINIH GIHJ\ LZI TJFH GIM$ 'ZI KFSP!LVMI J[ LZI HFLI H![I RFLI !Q F [VPTL!JP J[ LZI 1FQ ,JPLIPL

@1TAU I[[ITL!NI OIRKIFG!H!LW FPM \IHH ZIFM ORIQQVRI$

!"#$%& :)((* .%/0$12"/3 C%/D"8&

2-3 &-%0

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=+10 SR0-&3T

B K Y Z V

BPPP

I0-c 2-3J-&.R .+40

M+( .+40 ;-%0 .+40

BV


23/48

6PLZJPW .ZF\ 2FSI #< XVHW 7B#=

KC\CEJ/JELF$E >?A

%P TJPNIPL!JPFH SFQ RIQIRNJ!RQU \!LZJVL \FLIR !P[HV^U NJHVKILR!T MIOHIL!JP !Q F H!PIFR

[VPTL!JP J[ RIQIRNJ!R ORIQQVRI$ -J\INIRU !P ,.1 RIQIRNJ!RQU LZI FMQJRGIM SFQ QLJRFSI

KITZFP!QK IPQVRIQ F HFRSI !PNIPLJRW J[ SFQ !Q RILF!PIM FL HJ\ ,.1 RIQIRNJ!R ORIQQVRIQ$ %P

LZI I^FKOHI QZJ\P !P 0!SVRI =$#7U :Be J[ LZI JR!S!PFH SFQ !P OHFTI @)1%2A RIKF!PQ

VPORJMVTIM [RJK LZI TJFH GIM \ZIP LZI RIQIRNJ!R ORIQQVRI RIFTZIQ 7Be J[ JR!S!PFH

MIQJROL!JP ORIQQVRI$

'ZI !KOH!TFL!JP J[ LZ!Q TZFRFTLIR!QL!T J[ ,.1 RIQIRNJ!R MITH!PI !Q LZI !KOFTL J[ \IHHZIFM

ORIQQVRIQ JP VHL!KFLI RITJNIRW$ 9!P!K!_!PS QVR[FTI QWQLIK GFT` ORIQQVRI !Q TR!L!TFH !P

KF^!K!_!PS F QVQLF!PIM RIHIFQI J[ LZI FMQJRGIM SFQ !PNIPLJRW FPM LZVQ KF^!K!_!PS VHL!KFLI

RITJNIRW [RJK LZI MINIHJOKIPL$

!"#$%& :)(: * =&5&%>/"% 0&C8&2"/3 W09C2&0 D%/A XE/D2"3 :UUSY

,'"50"%+'"-. `0..

(06.0%+'"

,8M `0..

(06.0%+'"

BPP d

BPP dP d

P d

VP d

VP d

I&033)&0 -3 d '4 +"+%+-. (03'&6%+'" 6&033)&0

2-3+"

.-*0-3d'4F2$I

KP d


24/48

6PLZJPW .ZF\ 2FSI #> XVHW 7B#=

KCeC/AE?!,J ?!,$;$=$J/

%P FMM!L!JP LJ 2,2 MR!NI FPM \IHH ZIFMU F ,C9 \IHH Q!LI TJPLF!PQ SFQ FPM \FLIR ORJMVTL!JP

[HJ\ H!PIQU KIFQVRIKIPL !PQLRVKIPLQU QF[ILW RIH!I[ NFHNI FPM F QVOIRN!QJRWU TJPLRJH FPM MFLF

FT]V!Q!L!JP @.,6*6A QWQLIK$

6Q F K!P!KVKU LZI .,6*6 QWQLIK ORJN!MIQ LZI TFOFG!H!LW [JR LIHIKILRW J[ LZI RFLI FPM

ORIQQVRI MFLF LJ F TIPLRFH HJTFL!JPU \ZIRI OIR[JRKFPTI TFP GI KJP!LJRIM$

'ZI SFQ FPM \FLIR ORJMVTL!JP [RJK ,C9 \IHHQ FRI TJHHITLIM !P QIOFRFLI [HJ\H!PIQ [RJK LZI

FPPVHFR FPM LVG!PS TJPPITLJRQ JP LZI \IHHZIFM$ 'ZI QVR[FTI \FLIR FPM SFQ [HJ\H!PIQ

TJPPITL LJ QIOFRFLI VPMIRSRJVPM Z!SZhMIPQ!LW OJHWILZWHIPI @-*24A \FLIR FPM SFQ O!OIH!PIQ

RI[IRRIM LJ FQ SFLZIR!PS QWQLIKQ$ 'ZI SFLZIR!PS QWQLIKQ TJPPITL LJ KF!P LRVP` H!PIQ \Z!TZ

TJPMVTL ORJMVTIM SFQ FPM \FLIR LJ F ;FLIR LRIFLKIPL [FT!H!LW @[JR \FLIR LRIFLKIPL FPM

M!QOJQFHA FPM F ,IPLRFH 1FQ 2RJTIQQ!PS 0FT!H!LW @,120A [JR TJPM!L!JP!PS FPM I^OJRL

TJKORIQQ!JP$ @.!KOQJPU 0$ 5IFU 7BB=A

KCeCBC 2!/ 2!=GJE$D2 /H/=JM

'ZI SFQ SFLZIR!PS QWQLIK !Q MIQ!SPIM LJ TJPNIW SFQ [RJK LZI [!IHM \IHHQ LJ LZI ,120 \Z!HQLK!P!K!Q!PS QWQLIK ORIQQVRI HJQQ$ 'Z!Q !Q J[LIP FTZ!INIM GW LZI VQI J[ HFRSIhM!FKILIR O!OIQ

FPMU ![ RI]V!RIMU QLRFLIS!TFHHW OHFTIM ORIQQVRI GJJQL!PS [!IHM TJKORIQQJRQ @&JMFH

TJKORIQQJRQA$ @-JHHVG FPM .ZF[IRU 1FQ (IQIFRTZ %PQL!LVLIU #>>7A @.!KOQJPU 0$ 5IFU 7BB=A

@0!SVRI =$#=A

%MIFHHWU LZI SFQ SFLZIR!PS QWQLIK \JVHM JOIRFLI !P Q!PSHI OZFQI LJ K!P!K!QI QWQLIK

ORIQQVRI HJQQIQ FPM GI ORIM!TLFGHW KFPFSIM GW FOORJOR!FLI O!OIH!PI Q!_!PS$ -J\INIRU F

PVKGIR [HJ\ FQQVRFPTI !QQVIQ I[[ITL LZI OIR[JRKFPTI J[ LZI SFQ SFLZIR!PS QWQLIKi

;FLIR TJPMIPQFL!JP

,.1 TJPLF!PQ FOORJ^!KFLIHW ? LJ E GGHa99.T[ J[ \FLIR NFOJVR FL LWO!TFH QVR[FTI TJPM!L!JPQ$

.!SP![!TFPL \FLIR TJPMIPQFL!JP LF`IQ OHFTI !PQ!MI LZI SFLZIR!PS QWQLIK MVI LJ TJJH!PS J[

LZI SFQ MVR!PS LRFPQ!L$ 6Q F RIQVHLU F L\J OZFQI SFQ ORJMVTL!JP QWQLIK J[LIP JTTVRQ RI]V!R!PS

Q!SP![!TFPL JOIRFL!JPFH !PLIRNIPL!JP @KFPVFH MRF!P!PSA LJ K!P!K!QI LZI GFT` ORIQQVRI I[[ITLQ

J[ H!]V!M OJJH!PS FPM QHVSS!PS !P SFQ SFLZIR!PS QWQLIKQ$ @-JHHVG FPM .ZF[IRU 1FQ (IQIFRTZ

%PQL!LVLIU #>>7A @.!KOQJPU 0$ 5IFU 7BB=A


25/48

6PLZJPW .ZF\ 2FSI 7B XVHW 7B#=

.TFHI FPM TJFH [!PIQ$

-!SZ OIF` SFQ [HJ\ RFLIQ !P ORJH![!T \IHHQ GR!PS [JRKFL!JP \FLIR MRJOHILQ LJ LZI QVR[FTI

TJPLF!P!PS M!QQJHNIM QJH!MQ @#BUBBB KSa5A FPM TJFH [!PIQ$ 2RIQQVRI MRJO FL LZI QVR[FTI HIFMQ

LJ [HFQZ!PS$ *IOJQ!LQ J[ TJFH [!PIQ FPM QTFHI GV!HM VO JNIR L!KI LJ RIMVTI O!OI GJRI HJTFHHWU

!PTRIFQI GFT`hORIQQVRI JP LZI \IHH FPM TFVQI GHJT`FSI J[ LZI QVR[FTI SFQ SFLZIR!PS

O!OIH!PI$ @.!KOQJPU 0$ 5IFU 7BB=A

;IHH ORIQQVRI !PI]VFH!LW

'ZI ORIQQVRI \!LZ!P F SFLZIR!PS QWQLIK PIL\JR` \!HH I]VFH!QI \!LZ LZI [HJ\!PS \IHH ZIFM

ORIQQVRIQ J[ TJPPITLIM \IHHQ$ -!SZ RFLIU RIHFL!NIHW Z!SZ ORIQQVRI \IHHQU TFP RF!QI LZI

SFLZIR!PS QWQLIK ORIQQVRI FGJNI LZI ORIQQVRI J[ HJ\ RFLIU RIHFL!NIHW HJ\ ORIQQVRI \IHHQ$ 6Q

F RIQVHL ORJMVTL!JP [RJK HJ\ ORIQQVRI \IHHQ \!LZ!P LZI QWQLIK \!HH GI TZJ`IM$

KCeCKC DF

'ZI !PQLFHHFL!JP J[ \IL QTRI\ LWOI &JMFH ,JKORIQQJRQ ZFQ LZRII OJLIPL!FH GIPI[!LQi

6 HJ\ \IHHZIFM ORIQQVRI !Q FTZ!INIM \Z!TZ FHHJ\Q KF^!K!Q!PS RITJNIRW [RJK LZI

HFRSI !PNIPLJRW J[ HJ\ ORIQQVRI ,.1 FMQJRGIM !P LZI RIQIRNJ!R$

'ZI !PTRIFQIM SFLZIR!PS QWQLIK ORIQQVRI FPM [HJ\ RFLI FHHJ\Q VQI J[ QKFHHIR O!OI

Q!_IQU K!P!K!QIQ TJPMIPQFL!JP FPM !KORJNIQ Q\IIO!PS J[ TJPMIPQFL!JP LJ LZI ,120

FPM LZVQ RIMVTIQ H!]V!M QHVSS!PSU OJJH!PS FPM FQQJT!FLIM ORIQQVRI HJQQIQ FPM

MRF!PFSI RI]V!RIKIPLQ$ @.!KOQJPU 0$ 5IFU 7BB=A

'ZI &JMFH ,JKORIQQJR TFP GI HJTFLIM QLRFLIS!TFHHW LJ KFPFSI M![[IRIPTIQ !P

RIQIRNJ!R ORIQQVRIQ \!LZ!P F [!IHM$ .I!QK!T MFLF FPM RIQIRNJ!R LRIPMQ \!LZ!P LZI

RIS!JP TFP GI VQIM LJ !MIPL![W [!IHM QITLJRQ I^OITLIM LJ ORJMVTI Q!K!HFR RIQIRNJ!R

MIQJROL!JP ORIQQVRIQ FPM RFLIQ$ ;IHHQ \!LZ!P F QITLJR TFP LZIP GI ORJMVTIM !PLJ F

TJKKJP SFLZIR!PS QWQLIK [IIM!PS F &JMFH ,JKORIQQJR \Z!TZ M!QTZFRSIQ LJ LZI

KF!P SFLZIR!PS LRVP`H!PI$ %P LZ!Q \FWU [HJ\ RFLIQ [RJK HJ\ ORIQQVRI \IHHQ TFP GI

ORJLITLIM [RJK LZI GFT` ORIQQVRI I[[ITLQ J[ Z!SZ OIR[JRKFPTI \IHHQ TJPPITLIM LJ

LZI QFKI LRVP`H!PI$

'ZI !PTRIFQI !P VHL!KFLI RITJNIRW [RJK LZI [!IHM FQ F RIQVHL J[ &JMFH ,JKORIQQ!JP

!PQLFHHFL!JP RI]V!RIQ INFHVFL!JP FSF!PQL LZI !PTRIFQIM TJQL J[ LZI [!IHM MINIHJOKIPL FPM !Q F


26/48

6PLZJPW .ZF\ 2FSI 7# XVHW 7B#=

Q!SP![!TFPL MIT!Q!JP MVR!PS [!IHM MINIHJOKIPL OHFPP!PS$ -J\INIRU VPTIRLF!PLW !P QVGQVR[FTI

NFR!FG!H!LW FPM \IHH MIH!NIRFG!H!LW RI]V!RIQ IFRHW FOORF!QFH LJ QVGQLFPL!FLI LZI ITJPJK!T

GIPI[!LQ J[ &JMFH ,JKORIQQ!JP FPM FNJ!M LZI RISRIL TJQLQ J[ QVG ITJPJK!T !PQLFHHFL!JP !P

HJ\ OIR[JRKFPTI \IHH SRJVOQ$

%P LZI FGQIPTI J[ FOORF!QFH MFLFU ,.1 MINIHJOKIPLQ KFW GI QLFSIM LJ !P!L!FHHW JOIRFLI \!LZ

PFLVRFHHW [HJ\!PS \IHHQ \!LZ LZI JOL!JP J[ [VLVRI !PQLFHHFL!JP J[ PJMFH TJKORIQQJRQ MIQ!SPIM

!PLJ LZI SFLZIR!PS QWQLIK$ 'ZI QLFSIM MINIHJOKIPL RIMVTIM !PNIQLKIPL R!Q` !P [JVR \FWQi

9!P!K!QIQ !P!L!FH MINIHJOKIPL TFOI^$

6OORF!QFH TJQLQ FNJ!MIM$

2RJMVTL!JP MFLF [RJK PFLVRFHHW [HJ\!PS \IHHQ TFP GI VQIM LJ TFH!GRFLI LZI %29 [JR

VQI !P RIFH!QL!TFHHW QLVMW!PS LZI GIPI[!LQ J[ &JMFH TJKORIQQ!JPU LZIRI[JRI

ORINIPL!PS QVG ITJPJK!T PJMFH TJKORIQQJR !PQLFHHFL!JPQ$

,FH!GRFLIM %29 QLVM!IQ IPQVRI KF^!KVK RITJNIRW [RJK &JMFH ,JKORIQQJR

!KOHIKIPLFL!JP GW !MIPL![W!PS JOL!KVK HJTFL!JPQ FPM TJKORIQQJR Q!_!PS$


27/48

6PLZJPW .ZF\ 2FSI 77 XVHW 7B#=

!"#$%& :)(< * ,$%D91& "3D%952%$12$%& 909C2&0 D%/A XE/D2"3 :UUSY

5J\ ORIQQVRI

1FQ SFLZIR!PS QWQLIK

&JMFH ,JKORIQQJRQ

9IM!VK ORIQQVRI

LRVP`H!PI

,IPLRFH 1FQ

2RJTIQQ!PS

0FT!H!LW

4^OJRL 1FQ O!OIH!PI


28/48

6PLZJPW .ZF\ 2FSI 7= XVHW 7B#=

,G!I=JE Z

YC

MF


29/48

6PLZJPW .ZF\ 2FSI 7? XVHW 7B#=

OIR[JRKFPTI MFLF JGLF!PIM MVR!PS \IHH LIQL!PS FPM ORJMVTL!JP$ -J\INIRU VPL!H 7B#=U

FPFHWL!TFH RIQIRNJ!R LFP` KJMIHQ ZFNI WIL LJ GI ZFRPIQQIM GW LZI ,.1 !PMVQLRW FQ F LJJH [JR

[FT!H!LFL!PS [VHH [!IHM %29 Q!KVHFL!JPQ MVR!PS [!IHM KFPFSIKIPL$

)[ !KOJRLFPTIU !Q LZFL LZI RIQIRNJ!RU \IHH FPM QVR[FTI KJMIHQ TFP GI TFH!GRFLIM \!LZ LZI

KJQL Q!SP![!TFPL OFRFKILIRQ I[[ITL!PS LZI FTTVRFTW J[ QWQLIK MIH!NIRFG!H!LW FPM VHL!KFLI

RITJNIRW$

YCKCOJ;; MF


30/48

6PLZJPW .ZF\ 2FSI 7: XVHW 7B#=

!"#$%&


31/48

6PLZJPW .ZF\ 2FSI 7D XVHW 7B#=

Where:

b# b SFQ RFLI @9,0aMA

J#b SFQ I[[ITL!NI OIRKIFG!H!LW @KMA

4 b PIL TJFH GIM LZ!T`PIQQ @[LA

. b FNIRFSI RIQIRNJ!R ORIQQVRI @OQ!FA

.@Db GJLLJK ZJHI [HJ\!PS ORIQQVRI @OQ!FA

K b 'IKOIRFLVRI @(A

%&b I^LIRPFH RFM!VQ J[ RIQIRNJ!R @[LA

%@b \IHHGJRI RFM!VQ @[LA

5 c Q`!P

0JR LZI \FLIR OZFQIU LZI *FRTW I]VFL!JP ORJN!MIQ LZI \FLIR [HJ\ RFLIi

@?$=A

Where:

b@b \FLIR RFLI @.'CaMFWA

J@b \FLIR I[[ITL!NI OIRKIFG!H!LW @KMA4 b PIL TJFH GIM LZ!T`PIQQ @[LA. b FNIRFSI RIQIRNJ!R ORIQQVRI @OQ!FA

.@Db GJLLJK ZJHI [HJ\!PS ORIQQVRI @OQ!FA

[@b \FLIR N!QTJQ!LW @TOA

!\b \FLIR [JRKFL!JP NJHVKI [FTLJR @GGHa.'CA

%&c &^LIRPFH RFM!VQ J[ RIQIRNJ!R @[LA

%@ b \IHHGJRI RFM!VQ @[LA

5 b Q`!P

YCKCYC EJ;!=$LJ IJEMJ!8$;$=H

'ZI \FLIR QFLVRFL!JP !P LZI THIFL QWQLIK TZFPSIQ FQ LZI TJFH GIM !Q MI\FLIRIM$ 'ZI ,JRIW

RIHFL!JPQZ!O [JR RIHFL!NI OIRKIFG!H!LW !Q FOOH!TFGHI [JR KJMIHH!PS OIRKIFGHI [HJ\ !P LZI TJFH

GIM KILZFPI THIFL QWQLIK$ 'ZI RIHFL!JP [JR RIHFL!NI OIRKIFG!H!LW @.I!MHI 7B##A !Q FQ [JHHJ\Qi


32/48

6PLZJPW .ZF\ 2FSI 7E XVHW 7B#=

@?$?A

@?$:A

@?$DA

;ZIRIi

,@1b !RRIMVT!GHI \FLIR QFLVRFL!JP

,#1b !RRIMVT!GHI SFQ QFLVRFL!JP

J%#Ub IPMOJ!PL RIHFL!NI OIRKIFG!H!LW LJ SFQJ%@U b IPMOJ!PL RIHFL!NI OIRKIFG!H!LW LJ \FLIR

3@b I^OJPIPL J[ LZI \FLIR RIHFL!NI OIRKIFG!H!LW TVRNI

3#b I^OJPIPL J[ LZI SFQ RIHFL!NI OIRKIFG!H!LW TVRNI

, b PJRKFH!_IM QFLVRFL!JP

YCKCZC


33/48

6PLZJPW .ZF\ 2FSI 7< XVHW 7B#=

'ZI THIFL TJKORIQQ!G!H!LW @1DA !Q [VPTL!JP J[ TJFH RFP`U ]VFH!LW FPM JLZIR ORJOIRL!IQ FPM !Q

MILIRK!PIM I^OIR!KIPLFHHW$

$"*&0-30 +" 60&10->+.+%R ()0 %' M-%&+Q 37&+"c-@0

6MQJRGIM SFQ KJHITVHIQ Q\IHH LZI TJFH KFLR!^$ 'ZI MIQJROL!JP J[ SFQ KJHITVHIQ MVR!PS

ORJMVTL!JP RIQVHLQ !P F RIMVTL!JP !P TJFH KFLR!^ NJHVKI$ 'ZI RIMVTL!JP !P KFLR!^ NJHVKI

JTTVRQ \!LZ F TJRRIQOJPM!PS FPM I]VFH !PTRIFQI !P THIFL KFTRJOJRI NJHVKI$ 'ZI KFLR!^

SIPIRFHHW FTTJVPLQ [JR >>e J[ LZI TJFH GIM NJHVKI \Z!HQL LZI THIFL KFTRJOJRIQ FTTJVPL [JR

#e$ 'ZIRI[JRIU QKFHH RIMVTL!JPQ !P LZI KFLR!^ NJHVKI TFP HIFM LJ F Q!SP![!TFPL RIHFL!NI

!PTRIFQI !P THIFL KFTRJOJRI NJHVKI FPM Q!SP![!TFPLHW !PTRIFQI OIRKIFG!H!LW$

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Date post:	02-Jun-2018
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