GME 2017 Annual Report
$BOBEB 4FHNFOU SFTVMUT GPS $BOBEB JODMVEF SFUBJM BOE F DPNNFSDF JO $BOBEB /FU TBMFT JO UIF $BOBEJBO TFHNFOU GPS GJTDBM JODSFBTFE NJMMJPO PS DPNQBSFE UP GJTDBM QSJNBSJMZ EVF UP B JODSFBTF JO DPNQBSBCMF TUPSF TBMFT PG UIF QPTJUJWF JNQBDU PG GPSFJHO FYDIBOHF SBUF GMVDUVBUJPOT PG NJMMJPO BOE UIF JNQBDU PG UIF SE XFFL JO GJTDBM PG BQQSPYJNBUFMZ NJMMJPO 5IF JODSFBTF JO DPNQBSBCMF TUPSF TBMFT XBT QSJNBSJMZ ESJWFO CZ UIF MBVODI PG UIF /JOUFOEP 4XJUDI BT XFMM BT BO JODSFBTF JO TBMFT PG DPMMFDUJCMFT QBSUJBMMZ PGGTFU CZ B EFDMJOF JO TBMFT PG QSF PXOFE BOE WBMVF WJEFP HBNF QSPEVDUT 0QFSBUJOH FBSOJOHT GPS GJTDBM EFDSFBTFE NJMMJPO PS QSJNBSJMZ ESJWFO CZ B EFDMJOF JO HSPTT QSPGJU BT B QFSDFOUBHF PG TBMFT BTTPDJBUFE XJUI B EFDMJOF JO QSF PXOFE BOE WBMVF WJEFP HBNF TBMFT BOE UIFJS HSPTT NBSHJO "VTUSBMJB 4FHNFOU SFTVMUT GPS "VTUSBMJB JODMVEF SFUBJM BOE F DPNNFSDF PQFSBUJPOT JO "VTUSBMJB BOE /FX ;FBMBOE /FU TBMFT JO UIF "VTUSBMJBO TFHNFOU GPS GJTDBM JODSFBTFE NJMMJPO PS DPNQBSFE UP GJTDBM 5IF JODSFBTF JO OFU TBMFT XBT QSJNBSJMZ UIF SFTVMU PG UIF JODSFBTF JO DPNQBSBCMF TUPSF TBMFT PG UIF QPTJUJWF JNQBDU PG GPSFJHO FYDIBOHF SBUF GMVDUVBUJPOT PG NJMMJPO UIF JNQBDU PG UIF SE XFFL JO GJTDBM PG BQQSPYJNBUFMZ NJMMJPO 5IF JODSFBTF JO DPNQBSBCMF TUPSF TBMFT XBT QSJNBSJMZ ESJWFO CZ UIF MBVODI PG UIF /JOUFOEP 4XJUDI BOE BO JODSFBTF JO UIF TBMFT PG DPMMFDUJCMFT 0QFSBUJOH FBSOJOHT GPS GJTDBM XFSF SFMBUJWFMZ GMBU BU NJMMJPO XIFO DPNQBSFE UP QSJPS ZFBS BT B SFTVMU PG EFDMJOFT JO HSPTT QSPGJU BT B QFSDFOUBHF PG TBMFT EVF UP B TIJGU JO QSPEVDU NJY &VSPQF 4FHNFOU SFTVMUT GPS &VSPQF JODMVEF SFUBJM BOE F DPNNFSDF PQFSBUJPOT JO &VSPQFBO DPVOUSJFT /FU TBMFT JO UIF &VSPQFBO TFHNFOU GPS GJTDBM JODSFBTFE NJMMJPO PS DPNQBSFE UP GJTDBM QSJNBSJMZ EVF UP UIF JODSFBTF JO DPNQBSBCMF TUPSF TBMFT UIF QPTJUJWF JNQBDU PG GPSFJHO FYDIBOHF SBUF GMVDUVBUJPOT PG NJMMJPO BOE UIF JNQBDU PG SE XFFL JO GJTDBM PG BQQSPYJNBUFMZ NJMMJPO 5IF JODSFBTF JO DPNQBSBCMF TUPSF TBMFT XBT QSJNBSJMZ ESJWFO CZ UIF MBVODI PG UIF /JOUFOEP 4XJUDI BOE BO JODSFBTF JO TBMFT PG DPMMFDUJCMFT WJEFP HBNF BDDFTTPSJFT BOE QSF PXOFE BOE WBMVF WJEFP HBNF QSPEVDUT 0QFSBUJOH FBSOJOHT GPS GJTDBM JODSFBTFE CZ NJMMJPO DPNQBSFE UP UIF QSJPS ZFBS QSJNBSJMZ EVF UP UIF JODSFBTF JO OFU TBMFT BOE B NJMMJPO JNQBJSNFOU PG PVS .JDSPNBOJB USBEF OBNF SFDPSEFE JO GJTDBM 5FDIOPMPHZ #SBOET 4FHNFOU SFTVMUT GPS 5FDIOPMPHZ #SBOET JODMVEF PVS 4QSJOH .PCJMF NBOBHFE "5 5 BOE $SJDLFU 8JSFMFTT CSBOEFE TUPSFT BOE 4JNQMZ .BD TUPSFT BMM PG XIJDI PQFSBUF JO UIF 6OJUFE 4UBUFT $SJDLFU 8JSFMFTT XBT TPME JO +BOVBSZ /FU TBMFT GPS GJTDBM EFDSFBTFE NJMMJPO PS BOE DPNQBSBCMF TUPSF HSPTT QSPGJU EFDMJOFE CZ DPNQBSFE UP GJTDBM 5IF EFDMJOF JO TBMFT BOE DPNQBSBCMF HSPTT QSPGJU XFSF UIF SFTVMU PG B TMPXEPXO JO UIF XJSFMFTT VQHSBEF DZDMF BOE DIBOHFT JO DPNNJTTJPO JODPNF EVSJOH GJTDBM 5IF EFDMJOF JO TBMFT XBT QBSUJBMMZ PGGTFU CZ BO JODSFBTF BTTPDJBUFE XJUI BDRVJTJUJPO BDUJWJUZ JO UIF TFDPOE IBMG PG GJTDBM BOE UIF JNQBDU PG UIF SE XFFL JO GJTDBM 0QFSBUJOH FBSOJOHT GPS GJTDBM EFDSFBTFE NJMMJPO DPNQBSFE UP UIF QSJPS ZFBS QSJNBSJMZ EVF UP NJMMJPO PG BTTFU JNQBJSNFOU DIBSHFT SFDPHOJ[FE JO UIF GPVSUI RVBSUFS PG GJTDBM 5IF BTTFU JNQBJSNFOU DIBSHFT BSF NBJOMZ SFMBUFE UP BDRVJSFE JOUBOHJCMF BTTFUT BOE HPPEXJMM JO PVS 4QSJOH .PCJMF CVTJOFTT TFF /PUF b(PPEXJMM BOE *OUBOHJCMF "TTFUT c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
Made with FlippingBook
RkJQdWJsaXNoZXIy NTIzOTM0