GME 2017 Annual Report

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bSFOU IPMJEBZTc QFSJPET JO XIJDI XF BSF OPU PCMJHBUFE UP QBZ SFOU $BTI PS MFBTF JODFOUJWFT SFDFJWFE VQPO FOUFSJOH JOUP DFSUBJO TUPSF MFBTFT bUFOBOU JNQSPWFNFOU BMMPXBODFTc BSF SFDPHOJ[FE PO B TUSBJHIU MJOF CBTJT BT B SFEVDUJPO UP SFOU FYQFOTF PWFS UIF MFBTF UFSN XIJDI JODMVEFT SFOFXBM PQUJPO QFSJPET XIFO XF BSF SFBTPOBCMZ BTTVSFE PG FYFSDJTJOH UIF SFOFXBM PQUJPOT 8F SFDPSE UIF VOBNPSUJ[FE QPSUJPO PG UFOBOU JNQSPWFNFOU BMMPXBODFT BT B QBSU PG EFGFSSFE SFOU 8F EP OPU IBWF MFBTFT XJUI DBQJUBM JNQSPWFNFOU GVOEJOH 1FSDFOUBHF SFOUBMT BSF CBTFE PO TBMFT QFSGPSNBODF JO FYDFTT PG TQFDJGJFE NJOJNVNT BU WBSJPVT TUPSFT BOE BSF BDDPVOUFE GPS JO UIF QFSJPE JO XIJDI UIF BNPVOU PG QFSDFOUBHF SFOUBMT DBO CF BDDVSBUFMZ FTUJNBUFE 3FOU FYQFOTF VOEFS PQFSBUJOH MFBTFT XBT BT GPMMPXT JO NJMMJPOT 'JTDBM :FBS .JOJNVN 1FSDFOUBHF SFOUBMT 5PUBM SFOU FYQFOTF 'VUVSF NJOJNVN BOOVBM SFOUBMT FYDMVEJOH QFSDFOUBHF SFOUBMT SFRVJSFE VOEFS MFBTFT UIBU IBE JOJUJBM OPODBODFMBCMF MFBTF UFSNT HSFBUFS UIBO POF ZFBS BT PG 'FCSVBSZ BSF BT GPMMPXT JO NJMMJPOT 'JTDBM :FBS &OEJOH PO PS BSPVOE +BOVBSZ 5IFSFBGUFS (".&4501 $031 /05&4 50 $0/40-*%"5&% '*/"/$*"- 45"5&.&/54 ' $PNNJUNFOUT BOE $POUJOHFODJFT $PNNJUNFOUT 8F IBE CBOL HVBSBOUFFT SFMBUJOH QSJNBSJMZ UP JOUFSOBUJPOBM TUPSF MFBTFT BOE PUIFS DPNNFSDJBM DPNNJUNFOUT UPUBMJOH NJMMJPO BOE NJMMJPO BT PG 'FCSVBSZ BOE +BOVBSZ SFTQFDUJWFMZ 4FF /PUF -FBTFT GPS JOGPSNBUJPO SFHBSEJOH DPNNJUNFOUT SFMBUFE UP PVS OPODBODFMBCMF PQFSBUJOH MFBTFT -FHBM 1SPDFFEJOHT *O UIF PSEJOBSZ DPVSTF PG CVTJOFTT XF BSF GSPN UJNF UP UJNF TVCKFDU UP WBSJPVT MFHBM QSPDFFEJOHT JODMVEJOH NBUUFST JOWPMWJOH XBHF BOE IPVS FNQMPZFF DMBTT BDUJPOT TUPDLIPMEFS BDUJPOT BOE DPOTVNFS DMBTT BDUJPOT 8F NBZ FOUFS JOUP EJTDVTTJPOT SFHBSEJOH TFUUMFNFOU PG UIFTF BOE PUIFS UZQFT PG MBXTVJUT BOE NBZ FOUFS JOUP TFUUMFNFOU BHSFFNFOUT JG XF CFMJFWF TFUUMFNFOU JT JO UIF CFTU JOUFSFTU PG PVS TUPDLIPMEFST 8F EP OPU CFMJFWF UIBU BOZ TVDI FYJTUJOH MFHBM QSPDFFEJOHT PS TFUUMFNFOUT JOEJWJEVBMMZ PS JO UIF BHHSFHBUF XJMM IBWF B NBUFSJBM FGGFDU PO PVS GJOBODJBM DPOEJUJPO SFTVMUT PG PQFSBUJPOT PS MJRVJEJUZ