GME 2017 Annual Report
3FWPMWJOH $SFEJU 'BDJMJUZ 0O/PWFNCFS XF FOUFSFE JOUP B TFDPOE BNFOENFOU UP PVS BTTFU CBTFE SFWPMWJOH DSFEJU GBDJMJUZ UIF b"NFOEFE3FWPMWFSc 5IF "NFOEFE 3FWPMWFS JODSFBTFE UIF CPSSPXJOH CBTF DBQBDJUZ UP NJMMJPO BOE FYUFOEFE UIF NBUVSJUZ EBUF GSPN .BSDI UP /PWFNCFS 5IF "NFOEFE 3FWPMWFS NBJOUBJOT UIF FYJTUJOH NJMMJPO FYQBOTJPO GFBUVSF BOE NJMMJPO MFUUFS PG DSFEJU TVCMJNJU BOE BMMPXT GPS BO JODSFNFOUBM NJMMJPO GJSTU JO MBTU PVU GBDJMJUZ 5IF BQQMJDBCMF NBSHJOT GPS QSJNF SBUF MPBOT XFSF SFEVDFE GSPN B SBOHF PG UP UP B SBOHF PG UP BOE GPS -*#0 SBUF MPBOT SFEVDFE GSPN B SBOHF PG UP UP B SBOHF PG UP 0UIFS UFSNT BOE DPWFOBOUT VOEFS UIF "NFOEFE 3FWPMWFS SFNBJO TVCTUBOUJBMMZ VODIBOHFE 5IF "NFOEFE 3FWPMWFS JT TFDVSFE CZ TVCTUBOUJBMMZ BMM PG PVS BTTFUT BOE UIF BTTFUT PG PVS EPNFTUJD TVCTJEJBSJFT #PSSPXJOH BWBJMBCJMJUZ VOEFS UIF "NFOEFE 3FWPMWFS JT MJNJUFE UP B CPSSPXJOH CBTF XIJDI BMMPXT VT UP CPSSPX VQ UP GP UIF BQQSBJTBM WBMVF GP UIF JOWFOUPSZ QMVT GP FMJHJCMF DSFEJU DBSE SFDFJWBCMFT OFU GP DFSUBJO SFTFSWFT 5IF CPSSPXJOH CBTF QSPWJEFT GPS CPSSPXJOH GP VQ UP GP UIF BQQSBJTBM WBMVF EVSJOH UIF QFSJPE CFUXFFO +VMZ BOE 0DUPCFS GP FBDI ZFBS -FUUFST PG DSFEJU SFEVDF UIF BNPVOU BWBJMBCMF UP CPSSPX VOEFS UIF "NFOEFE 3FWPMWFS CZ BO BNPVOU FRVBM UP UIF GBDF WBMVF GP UIF MFUUFST PG DSFEJU 0VS BCJMJUZ UP QBZ DBTI EJWJEFOET SFEFFN PQUJPOT BOE SFQVSDIBTF TIBSFT JT HFOFSBMMZ QFSNJUUFE FYDFQU VOEFS DFSUBJO DJSDVNTUBODFT JODMVEJOH JG FJUIFS FYDFTT BWBJMBCJMJUZ VOEFS UIF "NFOEFE 3FWPMWFS JT MFTT UIBO PS JT QSPKFDUFE UP CF XJUIJO TJY NPOUIT BGUFS TVDI QBZNFOU PS FYDFTT BWBJMBCJMJUZ VOEFS UIF "NFOEFE 3FWPMWFS JT MFTT UIBO PS JT QSPKFDUFE UP CF XJUIJO TJY NPOUIT BGUFS TVDI QBZNFOU BOE UIF GJYFE DIBSHF DPWFSBHF SBUJP BT DBMDVMBUFE PO B QSP GPSNB CBTJT GPS UIF QSJPS NPOUIT JT PS MFTT *O UIF FWFOU UIBU FYDFTT BWBJMBCJMJUZ VOEFS UIF "NFOEFE 3FWPMWFS JT BU BOZ UJNF MFTT UIBO UIF HSFBUFS PG NJMMJPO PS PG UIF MFTTFS PG UIF UPUBM DPNNJUNFOU PS UIF CPSSPXJOH CBTF XF XJMM CF TVCKFDU UP B GJYFE DIBSHF DPWFSBHF SBUJP DPWFOBOU PG 5IF"NFOEFE 3FWPMWFS QMBDFT DFSUBJO SFTUSJDUJPOT PO VT BOE PVS TVCTJEJBSJFT JODMVEJOH MJNJUBUJPOT PO BTTFU TBMFT BEEJUJPOBM MJFOT JOWFTUNFOUT MPBOT HVBSBOUFFT BDRVJTJUJPOT BOE UIF JODVSSFODF PG BEEJUJPOBM JOEFCUFEOFTT "CTFOU DPOTFOU GSPN PVS MFOEFST XF NBZ OPU JODVS NPSF UIBO CJMMJPO PG TFOJPS TFDVSFE EFCU BOE NJMMJPO PG BEEJUJPOBM VOTFDVSFE JOEFCUFEOFTT UP CF MJNJUFE UP NJMMJPO JO HFOFSBM VOTFDVSFE PCMJHBUJPOT BOE NJMMJPO JO VOTFDVSFE PCMJHBUJPOT UP GJOBODF BDRVJTJUJPOT WBMVFE BU NJMMJPO PS NPSF 5IF QFS BOOVN JOUFSFTU SBUF VOEFS UIF "NFOEFE 3FWPMWFS JT WBSJBCMF BOE JT DBMDVMBUFE CZ BQQMZJOH B NBSHJO GPS QSJNF SBUF MPBOT PG UP BCPWF UIF IJHIFTU PG B UIF QSJNF SBUF PG UIF BENJOJTUSBUJWF BHFOU C UIF GFEFSBM GVOET FGGFDUJWF SBUF QMVT BOE D UIF -POEPO *OUFSCBOL 0GGFSFE b-*#0c SBUF GPS B POF NPOUI JOUFSFTU QFSJPE BT EFUFSNJOFE PO TVDI EBZ QMVT BOE GPS -*#0 SBUF MPBOT PG UP BCPWF UIF -*#0 SBUF 5IF BQQMJDBCMF NBSHJO JT EFUFSNJOFE RVBSUFSMZ BT B GVODUJPO PG PVS BWFSBHF EBJMZ FYDFTT BWBJMBCJMJUZ VOEFS UIF GBDJMJUZ *O BEEJUJPO XF BSF SFRVJSFE UP QBZ B DPNNJUNFOU GFF PG GPS BOZ VOVTFE QPSUJPO PG UIF UPUBM DPNNJUNFOU VOEFS UIF "NFOEFE 3FWPMWFS "T PG 'FCSVBSZ UIF BQQMJDBCMF NBSHJO XBT GPS QSJNF SBUF MPBOT BOE GPS -*#0 SBUF MPBOT 5IF "NFOEFE 3FWPMWFS QSPWJEFT GPS DVTUPNBSZ FWFOUT PG EFGBVMU XJUI DPSSFTQPOEJOH HSBDF QFSJPET JODMVEJOH GBJMVSF UP QBZ BOZ QSJODJQBM PS JOUFSFTU XIFO EVF GBJMVSF UP DPNQMZ XJUI DPWFOBOUT BOZ NBUFSJBM SFQSFTFOUBUJPO PS XBSSBOUZ NBEF CZ VT PS UIF CPSSPXFST QSPWJOH UP CF GBMTF JO BOZ NBUFSJBM SFTQFDU DFSUBJO CBOLSVQUDZ JOTPMWFODZ PS SFDFJWFSTIJQ FWFOUT BGGFDUJOH VT PS PVS TVCTJEJBSJFT EFGBVMUT SFMBUJOH UP DFSUBJO PUIFS JOEFCUFEOFTT JNQPTJUJPO PG DFSUBJO KVEHNFOUT BOE NFSHFST PS UIF MJRVJEBUJPO PG UIF $PNQBOZ PS DFSUBJO PG JUT TVCTJEJBSJFT %VSJOH GJTDBM XF DVNVMBUJWFMZ CPSSPXFE NJMMJPO BOE SFQBJE NJMMJPO VOEFS PVS SFWPMWJOH DSFEJU GBDJMJUZ "WFSBHF EBJMZ CPSSPXJOHT VOEFS UIF GBDJMJUZ GPS GJTDBM XFSF NJMMJPO BOE PVS BWFSBHF JOUFSFTU SBUF PO UIPTF CPSSPXJOHT XBT "T PG 'FCSVBSZ UPUBM BWBJMBCJMJUZ VOEFS UIF "NFOEFE 3FWPMWFS XBT NJMMJPO XJUI OP PVUTUBOEJOH CPSSPXJOHT BOE PVUTUBOEJOH TUBOECZ MFUUFST PG DSFEJU PG NJMMJPO 8F BSF DVSSFOUMZ JO DPNQMJBODF XJUI UIF GJOBODJBM SFRVJSFNFOUT PG UIF "NFOEFE 3FWPMWFS -VYFNCPVSH -JOF PG $SFEJU 0VS -VYFNCPVSH TVCTJEJBSZ NBJOUBJOT B EJTDSFUJPOBSZ NJMMJPO 6ODPNNJUUFE -JOF PG $SFEJU UIF b-JOF PG $SFEJUc XJUI #BOL PG "NFSJDB 5IFSF JT OP UFSN BTTPDJBUFE XJUI UIF -JOF PG $SFEJU BOE #BOL PG "NFSJDB NBZ XJUIESBX UIF GBDJMJUZ BU BOZ UJNF XJUIPVU OPUJDF 5IF -JOF PG $SFEJU JT BWBJMBCMF UP PVS GPSFJHO TVCTJEJBSJFT GPS VTF QSJNBSJMZ BT B CBOL PWFSESBGU GBDJMJUZ GPS TIPSU UFSN MJRVJEJUZ OFFET BOE GPS UIF JTTVBODF PG CBOL HVBSBOUFFT BOE MFUUFST PG DSFEJU UP TVQQPSU PQFSBUJPOT "T PG 'FCSVBSZ UIFSF XFSF OP DBTI PWFSESBGUT PVUTUBOEJOH VOEFS UIF -JOF PG $SFEJU BOE CBOL HVBSBOUFFT PVUTUBOEJOH UPUBMFE NJMMJPO (".&4501 $031 /05&4 50 $0/40-*%"5&% '*/"/$*"- 45"5&.&/54 '
Made with FlippingBook
RkJQdWJsaXNoZXIy NTIzOTM0