GME 2017 Annual Report

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f3FDFOU "DDPVOUJOH 1SPOPVODFNFOUT GPS BEEJUJPOBM JOGPSNBUJPO $PTU PG 4BMFT BOE 4FMMJOH (FOFSBM BOE "ENJOJTUSBUJWF &YQFOTFT $MBTTJGJDBUJPO 5IF DMBTTJGJDBUJPO PG DPTU PG TBMFT BOE TFMMJOH HFOFSBM BOE BENJOJTUSBUJWF FYQFOTFT WBSJFT BDSPTT UIF SFUBJM JOEVTUSZ 8F JODMVEF QVSDIBTJOH SFDFJWJOH BOE EJTUSJCVUJPO DPTUT JO TFMMJOH HFOFSBM BOE BENJOJTUSBUJWF FYQFOTFT JO UIF DPOTPMJEBUFE TUBUFNFOUT PG PQFSBUJPOT 8F JODMVEF QSPDFTTJOH GFFT BTTPDJBUFE XJUI QVSDIBTFT NBEF CZ DIFDL BOE DSFEJU DBSET JO DPTU PG TBMFT JO UIF DPOTPMJEBUFE TUBUFNFOUT PG PQFSBUJPOT "EWFSUJTJOH &YQFOTFT 8F FYQFOTF BEWFSUJTJOH DPTUT GPS UFMFWJTJPO OFXTQBQFST BOE PUIFS NFEJB XIFO UIF BEWFSUJTJOH UBLFT QMBDF "EWFSUJTJOH FYQFOTFT GPS GJTDBM BOE UPUBMFE NJMMJPO NJMMJPO BOE NJMMJPO SFTQFDUJWFMZ *ODPNF 5BYFT *ODPNF UBY FYQFOTF JODMVEFT GFEFSBM TUBUF MPDBM BOE JOUFSOBUJPOBM JODPNF UBYFT *ODPNF UBYFT BSF BDDPVOUFE GPS VUJMJ[JOH BO BTTFU BOE MJBCJMJUZ BQQSPBDI BOE EFGFSSFE UBY BTTFUT BOE MJBCJMJUJFT BSF SFDPHOJ[FE GPS UIF UBY DPOTFRVFODFT PG UFNQPSBSZ EJGGFSFODFT CFUXFFO UIF GJOBODJBM SFQPSUJOH CBTJT BOE UIF UBY CBTJT PG FYJTUJOH BTTFUT BOE MJBCJMJUJFT VTJOH FOBDUFE UBY SBUFT %FGFSSFE UBY BTTFUT BOE MJBCJMJUJFT BSF NFBTVSFE VTJOH UIF FOBDUFE UBY SBUFT FYQFDUFE UP BQQMZ UP UBYBCMF JODPNF JO UIF ZFBST JO XIJDI UIPTF UFNQPSBSZ EJGGFSFODFT BSF FYQFDUFE UP CF SFDPWFSFE PS TFUUMFE 5IF FGGFDU PO EFGFSSFE UBY BTTFUT BOE MJBCJMJUJFT PG B DIBOHF JO UBY SBUFT JT SFDPHOJ[FE JO UIF QFSJPE UIBU JODMVEFT UIF FOBDUNFOU EBUF 7BMVBUJPO BMMPXBODFT BSF SFDPSEFE UP SFEVDF EFGFSSFE UBY BTTFUT UP UIF BNPVOU UIBU XJMM NPSF MJLFMZ UIBO OPU CF SFBMJ[FE 8F NBJOUBJO MJBCJMJUJFT GPS VODFSUBJO UBY QPTJUJPOT VOUJM FYBNJOBUJPO PG UIF UBY ZFBS JT DPNQMFUFE CZ UIF BQQMJDBCMF UBYJOH BVUIPSJUZ BWBJMBCMF SFWJFX QFSJPET FYQJSF PS BEEJUJPOBM GBDUT BOE DJSDVNTUBODFT DBVTF VT UP DIBOHF PVS BTTFTTNFOU PG UIF BQQSPQSJBUF BDDSVBM BNPVOU 4FF /PUF *ODPNF 5BYFT GPS BEEJUJPOBM JOGPSNBUJPO 8F QMBO PO QFSNBOFOUMZ SFJOWFTUJOH PVS VOEJTUSJCVUFE GPSFJHO FBSOJOHT PVUTJEF UIF 6OJUFE 4UBUFT 8IFSF GPSFJHO FBSOJOHT BSF QFSNBOFOUMZ SFJOWFTUFE OP QSPWJTJPO GPS GFEFSBM JODPNF PS GPSFJHO XJUIIPMEJOH UBYFT JT NBEF 4IPVME XF IBWF VOEJTUSJCVUFE GPSFJHO FBSOJOHT UIBU BSF OPU QFSNBOFOUMZ SFJOWFTUFE 6OJUFE 4UBUFT JODPNF UBY FYQFOTF BOE GPSFJHO XJUIIPMEJOH UBYFT XJMM CF QSPWJEFE GPS BU UIF UJNF UIF FBSOJOHT BSF HFOFSBUFE (".&4501 $031 /05&4 50 $0/40-*%"5&% '*/"/$*"- 45"5&.&/54 '

RkJQdWJsaXNoZXIy NTIzOTM0