GME 2017 Annual Report
%JTDMPTVSF 3FHBSEJOH 'PSXBSE MPPLJOH 4UBUFNFOUT 5IJT "OOVBM 3FQPSU PO 'PSN , b'PSN ,c DPOUBJOT GPSXBSE MPPLJOH TUBUFNFOUT XJUIJO UIF NFBOJOH PG 4FDUJPO " PG UIF 4FDVSJUJFT "DU PG BT BNFOEFE UIF b4FDVSJUJFT "DUc BOE 4FDUJPO & PG UIF 4FDVSJUJFT &YDIBOHF "DU PG BT BNFOEFE UIF b&YDIBOHF "DUc *O TPNF DBTFT GPSXBSE MPPLJOH TUBUFNFOUT DBO CF JEFOUJGJFE CZ UIF VTF PG UFSNT TVDI BT bBOUJDJQBUFT c bCFMJFWFT c bDPOUJOVFT c bDPVME c bFTUJNBUFT c bFYQFDUT c bJOUFOET c bNBZ c bQMBOT c bQPUFOUJBM c bQSFEJDUT c bQSP GPSNB c bTFFLT c bTIPVME c bXJMMc PS TJNJMBS FYQSFTTJPOT 5IFTF TUBUFNFOUT BSF POMZ QSFEJDUJPOT CBTFE PO DVSSFOU FYQFDUBUJPOT BOE BTTVNQUJPOT BOE JOWPMWF LOPXO BOE VOLOPXO SJTLT VODFSUBJOUJFT BOE PUIFS GBDUPST UIBU NBZ DBVTF PVS PS PVS JOEVTUSZaT BDUVBM SFTVMUT MFWFMT PG BDUJWJUZ QFSGPSNBODF PS BDIJFWFNFOUT UP CF NBUFSJBMMZ EJGGFSFOU GSPN BOZ GVUVSF SFTVMUT MFWFMT PG BDUJWJUZ QFSGPSNBODF PS BDIJFWFNFOUT FYQSFTTFE PS JNQMJFE CZ TVDI GPSXBSE MPPLJOH TUBUFNFOUT "MM GPSXBSE MPPLJOH TUBUFNFOUT JODMVEFE JO UIJT 'PSN , BSF CBTFE VQPO JOGPSNBUJPO BWBJMBCMF UP VT BT PG UIF GJMJOH EBUF PG UIJT 'PSN , BOE XF VOEFSUBLF OP PCMJHBUJPO UP VQEBUF PS SFWJTF BOZ PG UIFTF GPSXBSE MPPLJOH TUBUFNFOUT GPS BOZ SFBTPO XIFUIFS BT B SFTVMU PG OFX JOGPSNBUJPO GVUVSF FWFOUT PS PUIFSXJTF BGUFS UIF EBUF PG UIJT 'PSN , FYDFQU BT SFRVJSFE CZ MBX :PV TIPVME OPU QMBDF VOEVF SFMJBODF PO UIFTF GPSXBSE MPPLJOH TUBUFNFOUT 5IF GPSXBSE MPPLJOH TUBUFNFOUT JOWPMWF B OVNCFS PG SJTLT BOE VODFSUBJOUJFT "MUIPVHI XF CFMJFWF UIBU UIF FYQFDUBUJPOT SFGMFDUFE JO PVS GPSXBSE MPPLJOH TUBUFNFOUT BSF SFBTPOBCMF XF DBOOPU HVBSBOUFF GVUVSF SFTVMUT MFWFMT PG BDUJWJUZ QFSGPSNBODF PS BDIJFWFNFOUT "OVNCFS PG GBDUPST DPVME DBVTF PVS BDUVBM SFTVMUT QFSGPSNBODF BDIJFWFNFOUT PS JOEVTUSZ SFTVMUT UP CFNBUFSJBMMZ EJGGFSFOU GSPN BOZ GVUVSF SFTVMUT QFSGPSNBODF PS BDIJFWFNFOUT FYQSFTTFE PS JNQMJFE CZ UIFTF GPSXBSE MPPLJOH TUBUFNFOUT 'BDUPST UIBU NJHIU DBVTF TVDI EJGGFSFODFT JODMVEF CVU BSF OPU MJNJUFE UP UIPTF EJTDVTTFE JO 1BSU * *UFN " PG UIJT 'PSN , VOEFS UIF IFBEJOH b3JTL 'BDUPST c XIJDI BSF JODPSQPSBUFE IFSFJO CZ SFGFSFODF :PV TIPVME DBSFGVMMZ DPOTJEFS UIF SJTLT BOE VODFSUBJOUJFT EFTDSJCFE JO UIJT 'PSN , 1"35 * *5&. #64*/&44 (FOFSBM (BNF4UPQ $PSQ b(BNF4UPQ c bXF c bVT c bPVS c PS UIF b$PNQBOZc JT B HMPCBM GBNJMZ PG TQFDJBMUZ SFUBJM CSBOET UIBU NBLFT UIF NPTU QPQVMBS UFDIOPMPHJFT BGGPSEBCMF BOE TJNQMF 8JUIJO PVS GBNJMZ PG CSBOET XF BSF UIF XPSMEaT MBSHFTU PNOJDIBOOFM WJEFP HBNF SFUBJMFS UIF MBSHFTU "5 5d b"5 5c BVUIPSJ[FE SFUBJMFS UIF MBSHFTU "QQMFe b"QQMFc DFSUJGJFE QSPEVDUT SFTFMMFS BOE UIF PXOFS PG XXX UIJOLHFFL DPN POF PG UIF XPSMEa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b(BNF4UPQc &# (BNFT 5. b&# (BNFTc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b(BNF *OGPSNFSc NBHB[JOF UIF XPSME T MFBEJOH QSJOU BOE EJHJUBM WJEFP HBNF QVCMJDBUJPO
Made with FlippingBook
RkJQdWJsaXNoZXIy NTIzOTM0