GME 2017 Annual Report

*5&. ."/"(&.&/5 4 %*4$644*0/ "/% "/"-:4*4 0' '*/"/$*"- $0/%*5*0/ "/% 3&46-54 0' 01&3"5*0/4 5IF GPMMPXJOH EJTDVTTJPO TIPVME CF SFBE JO DPOKVODUJPO XJUI UIF JOGPSNBUJPO DPOUBJOFE JO PVS DPOTPMJEBUFE GJOBODJBM TUBUFNFOUT JODMVEJOH UIF OPUFT UIFSFUP 4UBUFNFOUT SFHBSEJOH GVUVSF FDPOPNJD QFSGPSNBODF NBOBHFNFOUaT QMBOT BOE PCKFDUJWFT BOE BOZ TUBUFNFOUT DPODFSOJOH BTTVNQUJPOT SFMBUFE UP UIF GPSFHPJOH DPOUBJOFE JO .BOBHFNFOUaT %JTDVTTJPO BOE "OBMZTJT PG 'JOBODJBM $POEJUJPO BOE 3FTVMUT PG 0QFSBUJPOT DPOTUJUVUF GPSXBSE MPPLJOH TUBUFNFOUT $FSUBJO GBDUPST XIJDI NBZ DBVTF BDUVBM SFTVMUT UP WBSZ NBUFSJBMMZ GSPN UIFTF GPSXBSE MPPLJOH TUBUFNFOUT BDDPNQBOZ TVDI TUBUFNFOUT PS BQQFBS FMTFXIFSF JO UIJT 'PSN , JODMVEJOH UIF GBDUPST EJTDMPTFE VOEFS 1BSU * *UFN " b3JTL 'BDUPST c 07&37*&8 (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 XPSMEaT MBSHFTU TFMMFST PG DPMMFDUJCMF QPQ DVMUVSF UIFNFE QSPEVDUT "T PG 'FCSVBSZ (BNF4UPQ T SFUBJM OFUXPSL BOE GBNJMZ PG CSBOET JODMVEF DPNQBOZ PQFSBUFE TUPSFT JO UIF 6OJUFE 4UBUFT $BOBEB "VTUSBMJB BOE &VSPQF 8F IBWF GJWF SFQPSUBCMF TFHNFOUT XIJDI BSF DPNQSJTFE PG GPVS HFPHSBQIJD 7JEFP (BNF #SBOET TFHNFOUTf6OJUFE 4UBUFT $BOBEB "VTUSBMJB BOE &VSPQFfBOE B 5FDIOPMPHZ #SBOET TFHNFOU 0VS 5FDIOPMPHZ #SBOET TFHNFOU JODMVEFT PVS 4QSJOH .PCJMF BOE 4JNQMZ .BD CVTJOFTTFT 4QSJOH .PCJMF PXOT BOE PQFSBUFT PVS "5 5 CSBOEFE XJSFMFTT SFUBJM TUPSFT 0VS GJTDBM ZFBS JT DPNQPTFE PG UIF PS XFFLT FOEJOH PO UIF 4BUVSEBZ DMPTFTU UP UIF MBTU EBZ PG +BOVBSZ 'JTDBM ZFBS DPOTJTUFE PG UIF XFFLT FOEFE PO 'FCSVBSZ GJTDBM 'JTDBM ZFBS DPOTJTUFE PG UIF XFFLT FOEFE PO +BOVBSZ GJTDBM BOE GJTDBM ZFBS DPOTJTUFE PG UIF XFFLT FOEFE PO +BOVBSZ GJTDBM (SPXUI JO UIF WJEFP HBNF JOEVTUSZ JT HFOFSBMMZ ESJWFO CZ UIF JOUSPEVDUJPO PG OFX UFDIOPMPHZ (BNJOH DPOTPMFT BSF UZQJDBMMZ MBVODIFE JO DZDMFT BT UFDIOPMPHJDBM EFWFMPQNFOUT QSPWJEF TJHOJGJDBOU JNQSPWFNFOUT JO HSBQIJDT BVEJP RVBMJUZ HBNF QMBZ JOUFSOFU DPOOFDUJWJUZ BOE PUIFS FOUFSUBJONFOU DBQBCJMJUJFT CFZPOE WJEFP HBNJOH 5IF DVSSFOU HFOFSBUJPO PG DPOTPMFT JODMVEF UIF 4POZ 1MBZ4UBUJPO .JDSPTPGU 9CPY 0OF BOE UIF /JOUFOEP 4XJUDI .BSDI *O 4POZ BOE .JDSPTPGU SFMFBTFE SFGSFTIFT UP UIF 1MBZ4UBUJPO BOE 9CPY 0OF SFTQFDUJWFMZ BOE 4POZ BMTP SFMFBTFE UIF 1MBZ4UBUJPO 73 *O /PWFNCFS .JDSPTPGU SFMFBTFE B GVSUIFS FOIBODFE WFSTJPO PG JUT DVSSFOU HFOFSBUJPO DPOTPMF UIF 9CPY 0OF 9 5IF TBMF PG WJEFP HBNFT EFMJWFSFE UISPVHI EJHJUBM DIBOOFMT BOE PUIFS GPSNT PG HBNJOH DPOUJOVF UP HSPX BOE UBLF BO JODSFBTJOH QFSDFOUBHF PG QIZTJDBM WJEFP HBNF TBMFT 8F DVSSFOUMZ TFMM WBSJPVT UZQFT PG QSPEVDUT UIBU SFMBUF UP UIF EJHJUBM DBUFHPSZ JODMVEJOH EJHJUBMMZ EPXOMPBEBCMF DPOUFOU b%-$c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a NFUIPET 8F CFMJFWF PVS DBMDVMBUJPO PG DPNQBSBCMF TUPSF TBMFT CFTU SFQSFTFOUT PVS TUSBUFHZ BT BO PNOJDIBOOFM SFUBJMFS UIBU QSPWJEFT JUT DPOTVNFST TFWFSBM XBZT UP BDDFTT JUT QSPEVDUT

RkJQdWJsaXNoZXIy NTIzOTM0