GME 2017 Annual Report

"O BEWFSTF USFOE JO TBMFT EVSJOH UIF IPMJEBZ TFMMJOH TFBTPO DPVME JNQBDU PVS GJOBODJBM SFTVMUT 0VS CVTJOFTT MJLF UIBU PG NBOZ SFUBJMFST JT TFBTPOBM XJUI UIF NBKPS QPSUJPO PG PVS TBMFT BOE PQFSBUJOH QSPGJU SFBMJ[FE EVSJOH UIF GPVSUI GJTDBM RVBSUFS XIJDI JODMVEFT UIF IPMJEBZ TFMMJOH TFBTPO %VSJOH GJTDBM XF HFOFSBUFE BQQSPYJNBUFMZ PG PVS TBMFT EVSJOH UIF GPVSUI RVBSUFS "OZ BEWFSTF USFOE JO TBMFT EVSJOH UIF IPMJEBZ TFMMJOH TFBTPO DPVME MPXFS PVS SFTVMUT PG PQFSBUJPOT GPS UIF GPVSUI RVBSUFS BOE UIF FOUJSF GJTDBM ZFBS 0VS SFTVMUT PG PQFSBUJPOT NBZ GMVDUVBUF GSPN RVBSUFS UP RVBSUFS 0VS SFTVMUT PG PQFSBUJPOT NBZ GMVDUVBUF GSPN RVBSUFS UP RVBSUFS EFQFOEJOH VQPO TFWFSBM GBDUPST TPNF PG XIJDI BSF CFZPOE PVS DPOUSPM 5IFTF GBDUPST JODMVEF CVU BSF OPU MJNJUFE UP g UIF UJNJOH BOE BMMPDBUJPOT PG OFX QSPEVDU SFMFBTFT JODMVEJOH OFX DPOTPMF MBVODIFT g UIF UJNJOH PG OFX TUPSF PQFOJOHT PS DMPTJOHT g TIJGUT JO UIF UJNJOH PS DPOUFOU PG DFSUBJO QSPNPUJPOT PS TFSWJDF PGGFSJOHT g UIF FGGFDU PG DIBOHFT JO UBY SBUFT JO UIF KVSJTEJDUJPOT JO XIJDI XF PQFSBUF g BDRVJTJUJPO DPTUT BOE UIF JOUFHSBUJPO PG DPNQBOJFT XF BDRVJSF PS JOWFTU JO g UIF NJY PG FBSOJOHT JO UIF DPVOUSJFT JO XIJDI XF PQFSBUF g UIF DPTUT BTTPDJBUFE XJUI UIF FYJU PG VOQSPGJUBCMF NBSLFUT CVTJOFTTFT PS TUPSFT BOE g DIBOHFT JO GPSFJHO DVSSFODZ FYDIBOHF SBUFT 5IFTF BOE PUIFS GBDUPST DPVME BGGFDU PVS CVTJOFTT GJOBODJBM DPOEJUJPO BOE SFTVMUT PG PQFSBUJPOT BOE UIJT NBLFT UIF QSFEJDUJPO PG PVS GJOBODJBM SFTVMUT PO B RVBSUFSMZ CBTJT EJGGJDVMU "MTP JU JT QPTTJCMF UIBU PVS RVBSUFSMZ GJOBODJBM SFTVMUTNBZ CF CFMPX UIF FYQFDUBUJPOT PG QVCMJD NBSLFU BOBMZTUT 'BJMVSF UP FGGFDUJWFMZ NBOBHF PVS OFX TUPSF PQFOJOHT DPVME MPXFS PVS TBMFT BOE QSPGJUBCJMJUZ 0VS TBMFT BOE QSPGJUBCJMJUZ EFQFOET JO QBSU VQPO PQFOJOH OFX TUPSFT BOE PQFSBUJOH UIFN QSPGJUBCMZ 8F PQFOFE 7JEFP (BNF #SBOET TUPSFT JODMVEJOH DPMMFDUJCMFT TUPSFT BOE PQFOFE PS BDRVJSFE 5FDIOPMPHZ #SBOET TUPSFT JO GJTDBM 0VS BCJMJUZ UP PQFO OFX TUPSFT BOE PQFSBUF UIFN QSPGJUBCMZ EFQFOET VQPO B OVNCFS PG GBDUPST TPNF PG XIJDI NBZ CF CFZPOE PVS DPOUSPM 5IFTF GBDUPST JODMVEF g UIF BCJMJUZ UP JEFOUJGZ OFX TUPSF MPDBUJPOT OFHPUJBUF TVJUBCMF MFBTFT BOE CVJME PVU UIF TUPSFT JO B UJNFMZ BOE DPTU FGGJDJFOU NBOOFS g UIF BCJMJUZ UP IJSF BOE USBJO TLJMMFE BTTPDJBUFT g UIF BCJMJUZ UP JOUFHSBUF OFX TUPSFT JOUP PVS FYJTUJOH PQFSBUJPOT BOE g UIF BCJMJUZ UP JODSFBTF TBMFT BU OFX TUPSF MPDBUJPOT *G XF GBJM UP NBOBHF OFX TUPSF PQFOJOHT JO B UJNFMZ BOE DPTU FGGJDJFOU NBOOFS PVS HSPXUI PS QSPGJUT NBZ EFDSFBTF 'BJMVSF UP TVDDFTTGVMMZ FYFDVUF PVS TUSBUFHZ UP DMPTF TUPSFT BOE USBOTGFS DVTUPNFST BOE TBMFT UP OFBSCZ TUPSFT DPVME BEWFSTFMZ JNQBDU PVS GJOBODJBM SFTVMUT 0VS TUSBUFHZ JODMVEFT DMPTJOH TUPSFT XIJDI BSF OPU NFFUJOH PVS QFSGPSNBODF TUBOEBSET PS TUPSFT BU UIF FOE PG UIFJS MFBTF UFSNT BOE USBOTGFSSJOH SFWFOVF UP PUIFS OFBSCZ MPDBUJPOT 8F CFMJFWF UIBU XF DBO VMUJNBUFMZ JODSFBTF QSPGJUBCJMJUZ CZ TVDDFTTGVMMZ USBOTGFSSJOH DVTUPNFST BOE TBMFT UP PUIFS TUPSFT CZ NBSLFUJOH EJSFDUMZ UP UIF 1PXFS6Q 3FXBSET NFNCFST XIP IBWF TIPQQFE JO UIF TUPSFT UIBU XF QMBO UP DMPTF *G XF BSF VOTVDDFTTGVM JONBSLFUJOH UP DVTUPNFST PG UIF TUPSFT UIBU XF QMBO UP DMPTF PS JO USBOTGFSSJOH TBMFT UP OFBSCZ TUPSFT PVS SFTVMUT PG PQFSBUJPOT DPVME CF OFHBUJWFMZ JNQBDUFE *G XF BSF VOBCMF UP SFOFX PS FOUFS JOUP OFX MFBTFT PO GBWPSBCMF UFSNT PVS SFWFOVF NBZ CF BEWFSTFMZ BGGFDUFE "MM PG PVS SFUBJM TUPSFT BSF MPDBUFE JO MFBTFE QSFNJTFT *G UIF DPTU PG MFBTJOH FYJTUJOH TUPSFT JODSFBTFT XF DBOOPU BTTVSF ZPV UIBU XF XJMM CF BCMF UP NBJOUBJO PVS FYJTUJOH TUPSF MPDBUJPOT BT MFBTFT FYQJSF *O BEEJUJPO XF NBZ OPU CF BCMF UP FOUFS JOUP OFX MFBTFT PO GBWPSBCMF UFSNT PS BU BMM PS XF NBZ OPU CF BCMF UP MPDBUF TVJUBCMF BMUFSOBUJWF TJUFT PS BEEJUJPOBM TJUFT GPS OFX TUPSF FYQBOTJPO JO B UJNFMZ NBOOFS 0VS SFWFOVFT BOE FBSOJOHT NBZ EFDMJOF JG XF GBJM UP NBJOUBJO FYJTUJOH TUPSF MPDBUJPOT FOUFS JOUP OFX MFBTFT MPDBUF BMUFSOBUJWF TJUFT PS GJOE BEEJUJPOBM TJUFT GPS OFX TUPSF FYQBOTJPO 8F SFMZ PO DFOUSBMJ[FE GBDJMJUJFT GPS SFGVSCJTINFOU PG PVS QSF PXOFE QSPEVDUT "OZ EJTSVQUJPO UP UIFTF GBDJMJUJFT DPVME BEWFSTFMZ BGGFDU PVS QSPGJUBCJMJUZ 8F SFMZ PO DFOUSBMJ[FE GBDJMJUJFT GPS UIF SFGVSCJTINFOU PG BMM QSF PXOFE QSPEVDUT UIBU XF TFMM *G BOZ EJTSVQUJPO PDDVSSFE BU UIFTF GBDJMJUJFT XIFUIFS EVF UP OBUVSBM EJTBTUFS PS TFWFSF XFBUIFS PS FWFOUT TVDI BT GJSF BDDJEFOUT QPXFS PVUBHFT TZTUFNT GBJMVSFT PS PUIFS VOGPSFTFFO DBVTFT TBMFT PG PVS QSF PXOFE QSPEVDUT DPVME EFDSFBTF 4JODF XF HFOFSBMMZ PCUBJO IJHIFS NBSHJOT PO PVS QSF PXOFE QSPEVDUT BOZ BEWFSTF FGGFDU PO UIFJS TBMFT DPVME BEWFSTFMZ BGGFDU PVS QSPGJUBCJMJUZ

RkJQdWJsaXNoZXIy NTIzOTM0