GME 2017 Annual Report
3&1035 0' */%&1&/%&/5 3&(*45&3&% 16#-*$ "$$06/5*/( '*3. 5P UIF 4UPDLIPMEFST BOE UIF #PBSE PG %JSFDUPST PG (BNF4UPQ $PSQ 0QJOJPO PO *OUFSOBM $POUSPM PWFS 'JOBODJBM 3FQPSUJOH 8F IBWF BVEJUFE UIF JOUFSOBM DPOUSPM PWFS GJOBODJBM SFQPSUJOH PG (BNF4UPQ$PSQ BOE TVCTJEJBSJFT UIF b$PNQBOZc BT PG 'FCSVBSZ CBTFE PO DSJUFSJB FTUBCMJTIFE JO *OUFSOBM $POUSPM *OUFHSBUFE 'SBNFXPSL JTTVFE CZ UIF $PNNJUUFF PG 4QPOTPSJOH 0SHBOJ[BUJPOT PG UIF 5SFBEXBZ $PNNJTTJPO $040 *O PVS PQJOJPO UIF $PNQBOZ NBJOUBJOFE JO BMM NBUFSJBM SFTQFDUT FGGFDUJWF JOUFSOBM DPOUSPM PWFS GJOBODJBM SFQPSUJOH BT PG 'FCSVBSZ CBTFE PO DSJUFSJB FTUBCMJTIFE JO *OUFSOBM $POUSPM *OUFHSBUFE 'SBNFXPSL JTTVFE CZ $040 8F IBWF BMTP BVEJUFE JO BDDPSEBODF XJUI UIF TUBOEBSET PG UIF 1VCMJD $PNQBOZ "DDPVOUJOH 0WFSTJHIU #PBSE 6OJUFE 4UBUFT 1$"0# UIF DPOTPMJEBUFE GJOBODJBM TUBUFNFOUT BT PG BOE GPS UIF XFFL QFSJPE FOEFE 'FCSVBSZ PG UIF $PNQBOZ BOE PVS SFQPSU EBUFE "QSJM FYQSFTTFE BO VORVBMJGJFE PQJOJPO PO UIPTF GJOBODJBM TUBUFNFOUT #BTJT GPS 0QJOJPO 5IF $PNQBOZaTNBOBHFNFOU JT SFTQPOTJCMF GPS NBJOUBJOJOH FGGFDUJWF JOUFSOBM DPOUSPM PWFS GJOBODJBM SFQPSUJOH BOE GPS JUT BTTFTTNFOU PG UIF FGGFDUJWFOFTT PG JOUFSOBM DPOUSPM PWFS GJOBODJBM SFQPSUJOH JODMVEFE JO UIF BDDPNQBOZJOH .BOBHFNFOUaT "OOVBM 3FQPSU PO *OUFSOBM $POUSPM 0WFS 'JOBODJBM 3FQPSUJOH 0VS SFTQPOTJCJMJUZ JT UP FYQSFTT BO PQJOJPO PO UIF $PNQBOZa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aT JOUFSOBM DPOUSPM PWFS GJOBODJBM SFQPSUJOH JT B QSPDFTT EFTJHOFE UP QSPWJEF SFBTPOBCMF BTTVSBODF SFHBSEJOH UIF SFMJBCJMJUZ PG GJOBODJBM SFQPSUJOH BOE UIF QSFQBSBUJPO PG GJOBODJBM TUBUFNFOUT GPS FYUFSOBM QVSQPTFT JO BDDPSEBODF XJUI HFOFSBMMZ BDDFQUFE BDDPVOUJOH QSJODJQMFT " DPNQBOZaT JOUFSOBM DPOUSPM PWFS GJOBODJBM SFQPSUJOH JODMVEFT UIPTF QPMJDJFT BOE QSPDFEVSFT UIBU QFSUBJO UP UIF NBJOUFOBODF PG SFDPSET UIBU JO SFBTPOBCMF EFUBJM BDDVSBUFMZ BOE GBJSMZ SFGMFDU UIF USBOTBDUJPOT BOE EJTQPTJUJPOT PG UIF BTTFUT PG UIF DPNQBOZ QSPWJEF SFBTPOBCMF BTTVSBODF UIBU USBOTBDUJPOT BSF SFDPSEFE BT OFDFTTBSZ UP QFSNJU QSFQBSBUJPO PG GJOBODJBM TUBUFNFOUT JO BDDPSEBODF XJUI HFOFSBMMZ BDDFQUFE BDDPVOUJOH QSJODJQMFT BOE UIBU SFDFJQUT BOE FYQFOEJUVSFT PG UIF DPNQBOZ BSF CFJOH NBEF POMZ JO BDDPSEBODF XJUI BVUIPSJ[BUJPOT PG NBOBHFNFOU BOE EJSFDUPST PG UIF DPNQBOZ BOE QSPWJEF SFBTPOBCMF BTTVSBODF SFHBSEJOH QSFWFOUJPO PS UJNFMZ EFUFDUJPO PG VOBVUIPSJ[FE BDRVJTJUJPO VTF PS EJTQPTJUJPO PG UIF DPNQBOZaT BTTFUT UIBU DPVME IBWF B NBUFSJBM FGGFDU PO UIF GJOBODJBM TUBUFNFOUT #FDBVTF PG JUT JOIFSFOU MJNJUBUJPOT JOUFSOBM DPOUSPM PWFS GJOBODJBM SFQPSUJOH NBZ OPU QSFWFOU PS EFUFDU NJTTUBUFNFOUT "MTP QSPKFDUJPOT PG BOZ FWBMVBUJPO PG FGGFDUJWFOFTT UP GVUVSF QFSJPET BSF TVCKFDU UP UIF SJTL UIBU DPOUSPMT NBZ CFDPNF JOBEFRVBUF CFDBVTF PG DIBOHFT JO DPOEJUJPOT PS UIBU UIF EFHSFF PG DPNQMJBODF XJUI UIF QPMJDJFT PS QSPDFEVSFT NBZ EFUFSJPSBUF T %&-0*55& 506$)& --1 %BMMBT 5FYBT "QSJM
Made with FlippingBook
RkJQdWJsaXNoZXIy NTIzOTM0