ZESTAWIENIE WARUNKóW I PARAMETRóW WYMAGANYCH

Transkrypt

ZESTAWIENIE WARUNKóW I PARAMETRóW WYMAGANYCH
^dt/E/tZhE<Mt/WZDdZMttzD'Ez,njĂų͘ϯ͘ϰĂ
WƌnjĞĚŵŝŽƚnjĂŵſǁŝĞŶŝĂ͗BſǏŬŽŵĞĚLJĐnjŶĞnjůĞǏĞŵϰʹƐĞŐŵĞŶƚŽǁLJŵŝƉŽĚǁſũŶČƌĂŵČǁLJĐŝČŐŽǁČʹϮϬƐnjƚ͘
>Ɖ͘
WĂƌĂŵĞƚƌ
ǁLJŵĂŐĂŶLJ
KƉŝƐƉĂƌĂŵĞƚƌſǁǁLJŵĂŐĂŶLJĐŚ
WĂƌĂŵĞƚƌŽĨĞƌŽǁĂŶLJ
tzD'E/K'M>E
EĂnjǁĂŽĨĞƌŽǁĂŶĞŐŽƵƌnjČĚnjĞŶŝĂ͗
ϭ͘
Ϯ͘
ϯ͘
ϰ͘
ϱ͘
ϲ͘
ϳ͘
ϴ͘
ϵ͘
ϭϬ͘
ϭϭ͘
ϭϮ͘
ϭϯ͘
ϭϰ͘
ϭϱ͘
WƌŽĚƵĐĞŶƚ͗
dLJƉ͗
ZŽŬƉƌŽĚƵŬĐũŝ͗ϮϬϭϰͬϮϬϭϱ
BſǏŬŽƉŽƐŝĂĚĂũČĐĞnjĞǁŶħƚƌnjŶČƌĂŵħnjƐĞŐŵĞŶƚĂŵŝƵŵŝĞƐnjĐnjŽŶLJŵŝ
ǁĞǁŶČƚƌnjƌĂŵLJůĞǏĂ͘ZĂŵĂųſǏŬĂǁLJŬŽŶĂŶĂnjŬƐnjƚĂųƚŽǁŶŝŬſǁ
ƐƚĂůŽǁLJĐŚŽǁLJŵŝĂƌĂĐŚŵŝŶ͘ϰdžϯĐŵ͕ƉŽŬƌLJƚLJĐŚůĂŬŝĞƌĞŵ
ƉƌŽƐnjŬŽǁLJŵ͕ŽĚƉŽƌŶLJŵŶĂƵƐnjŬŽĚnjĞŶŝĂŵĞĐŚĂŶŝĐnjŶĞ͕ĐŚĞŵŝĐnjŶĞ
ŽƌĂnjƉƌŽŵŝĞŶŝŽǁĂŶŝĞhs
tLJŵŝĂƌLJnjĞǁŶħƚƌnjŶĞųſǏŬĂ͗
− ųƵŐŽƑđĐĂųŬŽǁŝƚĂ͗ϮϭϬϬŵŵ͕;нͬͲϯϬŵŵͿ
− ^njĞƌŽŬŽƑđĐĂųŬŽǁŝƚĂďĞnjďĂƌŝĞƌĞŬďŽĐnjŶLJĐŚ;ŬƌČǏŬŝŽĚďŽũŽǁĞǁ
ŽƐŝƐnjĐnjLJƚƵ͗ϵϱϬŵŵ͕;нͬͲϯϬŵŵͿ
− ^njĞƌŽŬŽƑđĐĂųŬŽǁŝƚĂǁƌĂnjnjnjĂŵŽŶƚŽǁĂŶLJŵŝďĂƌŝĞƌŬĂŵŝǁLJŶŽƐŝ
ϭϬϯϬŵŵ;ǁLJŵŝĂƌůĞǏĂϵϬϬdžϮϬϬϬͿ
tLJƐŽŬŽƑđůĞǏĂŽĚƉŽĚųŽǏĂ͗
ͲϱϱϬŵŵ;нͬͲϯĐŵͿ
>ĞǏĞųſǏŬĂĐnjƚĞƌŽƐĞŐŵĞŶƚŽǁĞnjĐnjĞŐŽŵŝŶ͘ϯƐĞŐŵĞŶƚLJƌƵĐŚŽŵĞ
^ĞŐŵĞŶƚLJůĞǏĂǁLJƉĞųŶŝŽŶĞŽĚĞũŵŽǁĂŶČƐƚĂůŽǁČƐŝĂƚŬČŽǁLJŵŝĂƌĂĐŚ
ŽĐnjĞŬϱdžϱĐŵ͘^ŝĂƚŬĂŵĞƚĂůŽǁĂǁLJŬŽŶĂŶĂnjƉƌħƚĂƐƚĂůŽǁĞŐŽŽ
ƑƌĞĚŶŝĐLJŵŝŶŝŵƵŵϱŵŵ͘
ZĞŐƵůĂĐũĂŬČƚĂůĞǏĂďĞnjƐƚŽƉŶŝŽǁŽ͕njĂƉŽŵŽĐČƐƉƌħǏLJŶLJŐĂnjŽǁĞũ͗
ͲƐĞŐŵĞŶƚŽƉĂƌĐŝĂƉůĞĐſǁǁnjĂŬƌĞƐŝĞ͗ϬʹϳϱϬ;цϱϬͿ
ͲƐĞŐŵĞŶƚŽƉĂƌĐŝĂƵĚĂǁnjĂŬƌĞƐŝĞ͗ϬͲϱϬΣ;цϱΣͿ͕
njĐnjLJƚĞůŶLJŵŽnjŶĂĐnjĞŶŝĞŵĨƵŶŬĐũŝŶĂƌĂŵŝĞůĞǏĂůƵďŶĂĚǍǁŝŐŶŝ͘
ZĞŐƵůĂĐũĂƐĞŐŵĞŶƚƵŽƉĂƌĐŝĂƉůĞĐſǁŽƌĂnjƵĚĂǁLJŬŽŶLJǁĂŶĂnjĂ
ƉŽŵŽĐČũĞĚŶĞũĚǍǁŝŐŶŝƵŵŝĞƐnjĐnjŽŶĞũƉŽĚƌĂŵČůĞǏĂ͕ǁŵŝĞũƐĐƵ
ųĂƚǁĞŐŽĚŽƐƚħƉƵĚůĂůĞǏČĐĞŐŽƉĂĐũĞŶƚĂ͘
ZĞŐƵůĂĐũĂƐĞŐŵĞŶƚƵƉŽĚƵĚnjŝĂƌħĐnjŶĂ͕ǁƐƉŽŵĂŐĂŶĂŵĞĐŚĂŶŝnjŵĞŵ
njĂƉĂĚŬŽǁLJŵ
^njĐnjLJƚLJ ųſǏŬĂ ƐƚĂŶŽǁČ ǁLJƉĞųŶŝĞŶŝĞ ƉŽŵŝħĚnjLJ ƌƵƌĂŵŝ ǁ ƌĂŵŝĞ
ǁLJĐŝČŐŽǁĞũ͕ ǁLJƉĞųŶŝĞŶŝĞ ǁLJŬŽŶĂŶĞ ǁLJƐŽŬŝĞũ ũĂŬŽƑĐŝ ƉųLJƚČ ,W> Ž
ŐƌƵďŽƑĐŝ ϭϬ ŵŵ ;ц Ϯ ŵŵͿ͕ ŽĚƉŽƌŶČ ŶĂ ĚnjŝĂųĂŶŝĞ ǁLJƐŽŬŝĞũ
ƚĞŵƉĞƌĂƚƵƌLJ͕ ƵƐnjŬŽĚnjĞŶŝĂ ŵĞĐŚĂŶŝĐnjŶĞ͕ ĐŚĞŵŝĐnjŶĞ ŽƌĂnj
ƉƌŽŵŝĞŶŝŽǁĂŶŝĞ hs͘ tLJƉĞųŶŝĞŶŝĞ ƐnjĐnjLJƚſǁ ǁLJũŵŽǁĂŶĞ ďĞnj ƵǏLJĐŝĂ
ŶĂƌnjħĚnjŝ͘
tŶĂƌŽǏŶŝŬĂĐŚůĞǏĂϰŬƌČǏŬŝŽĚďŽũŽǁĞ͕ĐŚƌŽŶŝČĐĞųſǏŬŽŝƑĐŝĂŶLJ
ƉƌnjĞĚƵĚĞƌnjĞŶŝĂŵŝŽƌĂnjŽƚĂƌĐŝĂŵŝ͘
ůĂƐƚLJĐnjŶĞůŝƐƚǁLJŽĚďŽũŽǁĞƵŵŝĞƐnjĐnjŽŶĞŶĂďĂƌŝĞƌŬĂĐŚŶĂĐĂųĞũŝĐŚ
ĚųƵŐŽƑĐŝĐŚƌŽŶŝČĐĞųſǏŬŽƉƌnjĞĚƵĚĞƌnjĞŶŝĂŵŝŝnjĂƌLJƐŽǁĂŶŝĂŵŝ
ƵŵŝĞƐnjĐnjŽŶĞŶĂĚǁſĐŚƐnjĐnjĞďůĂĐŚďĂƌŝĞƌŬŝ͘
BſǏŬŽ ǁLJƉŽƐĂǏŽŶĞ ǁ ĞůĂƐƚLJĐnjŶĞ ƚǁŽƌnjLJǁŽǁĞ ƵĐŚǁLJƚLJ ŵĂƚĞƌĂĐĂ
ƉƌnjLJŵŝŶ͘ĚǁſĐŚƐĞŐŵĞŶƚĂĐŚůĞǏĂ͕ĚŽƐƚŽƐŽǁƵũČĐĞƐŝħĚŽƐnjĞƌŽŬŽƑĐŝ
ŵĂƚĞƌĂĐĂ͕ njĂƉŽďŝĞŐĂũČĐĞ ƉŽǁƐƚĂǁĂŶŝƵ ƵƌĂnjſǁ ŬŽŷĐnjLJŶ͘ hĐŚǁLJƚLJ
ƚǁŽƌnjLJǁŽǁĞ ǁLJƉŽƐĂǏŽŶĞ ǁ ŬČƚŽŵŝĞƌnjĞ ƉŽ ĚǁſĐŚ ƐƚƌŽŶĂĐŚ ƉƌnjLJ
ƐĞŐŵĞŶĐŝĞǁĞnjŐųŽǁŝĂ͘
tŶĂƌŽǏŶŝŬĂĐŚůĞǏĂŽĚƐƚƌŽŶLJǁĞnjŐųŽǁŝĂƚƵůĞũĞĚŽŵŽĐŽǁĂŶŝĂ
ǁŝĞƐnjĂŬĂŬƌŽƉůſǁŬŝŽƌĂnjǁLJƐŝħŐŶŝŬĂnjƵĐŚǁLJƚĞŵĚŽƌħŬŝnj
ŵŽǏůŝǁŽƑĐŝČnjĂďĞnjƉŝĞĐnjĞŶŝĂƉƌnjĞĚǁLJƉĂĚŶŝħĐŝĞŵŵĞĐŚĂŶŝnjŵĞŵ
ƑƌƵďŽǁLJŵ;ďĞnjƵǏLJĐŝĂŶĂƌnjħĚnjŝͿ͘
BſǏŬŽǁLJƉŽƐĂǏŽŶĂǁƚǁŽƌnjLJǁŽǁĞƵĐŚǁLJƚLJƵŵŽǏůŝǁŝĂũČĐĞ
njĂǁŝĞƐnjĞŶŝĞƵĐŚǁLJƚſǁ͕ŶƉ͘ŶĂǁŽƌŬŝƵƌŽůŽŐŝĐnjŶĞ͕ŵŝŶ͘ϮƉƌnjLJųſǏŬƵ͘
d<WK
d<WK
d<WK
>ĞǏĞŵŽǏŶĂnjŵŶŝĞũƐnjLJđĐŽϱĐŵ͕ĐnjLJůŝůĞǏĞϴϬͲ
ĐĂų͘ϵϯ͕ĂďĞnjďĂƌŝĞƌĞŬϴϱ͖
/ŶŶĞŵŽǏůŝǁŽƑđƉƌnjLJůĞǏƵ͗ϴϱ͕ϵϬ
d<WK
d<WK
d<WK
d<WK
d<
d<
d<WK
d<
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d<
d<
d<WK
ϭϲ͘
ϭϳ͘
ϭϴ͘
ϭϵ͘
ϮϬ͘
Ϯϭ͘
BſǏŬŽǁLJƉŽƐĂǏŽŶĞǁƉſųŬħĚŽŽĚŬųĂĚĂŶŝĂƉŽƑĐŝĞůŝ͕ƉſųŬĂǁLJƐƵǁĂŶĂ
njĂƉŽŵŽĐČŵĞĐŚĂŶŝnjŵƵƚĞůĞƐŬŽƉŽǁĞŐŽ͕ŶŝĞǁLJƐƚĂũČĐĂƉŽnjĂŽďƌLJƐ
ƌĂŵLJųſǏŬĂ͘
WŽĚƐƚĂǁĂųſǏŬĂ;ǁnjŵŽĐŶŝŽŶĂƉŽƉƌnjĞĐnjŬĂŵŝųČĐnjČĐLJŵŝŶŽŐŝͿũĞnjĚŶĂ͕
ǁLJƉŽƐĂǏŽŶĂǁϰŬŽųĂŽƑƌĞĚŶŝĐLJŵŝŶ͘ϭϮϱŵŵ;ƌĚnjĞŷŬŽųĂŽƐųŽŶŝħƚLJ
ŵĞƚĂůŽǁČŽƐųŽŶČͿǁƚLJŵŵŝŶ͘ϮŬŽųĂnjǁLJƚƌnjLJŵĂųČ͕ŵĞƚĂůŽǁČ͕
ŝŶĚLJǁŝĚƵĂůŶČďůŽŬĂĚČũĂnjĚLJŝŽďƌŽƚƵ͘
ĞnjƉŝĞĐnjŶĞŽďĐŝČǏĞŶŝĞŵŝŶ͘ϮϬϬŬŐƉŽƚǁŝĞƌĚnjŽŶĞƉƌnjĞnjŶŝĞnjĂůĞǏŶLJ
ƉŽĚŵŝŽƚ͘
BſǏŬŽƉƌnjLJƐƚŽƐŽǁĂŶĞĚŽnjĂŵŽŶƚŽǁĂŶŝĂďĂƌŝĞƌĞŬďŽĐnjŶLJĐŚ͕ƌĂŵLJ
ǁLJĐŝČŐŽǁĞũ͕ƵĐŚǁLJƚſǁŶĂďĂƐĞŶŽƌĂnjŬĂĐnjŬħ͘
ůĞŵĞŶƚLJǁLJƉŽƐĂǏĞŶŝĂųſǏŬĂ͗
−
DĂƚĞƌĂĐĚŽƉĂƐŽǁĂŶLJĚŽƌĂŵLJůĞǏĂnjƉŝĂŶŬŝƉŽůŝƵƌĞƚĂŶŽǁĞũǁ
ƉŽŬƌŽǁĐƵƉĂƌŽƉƌnjĞƉƵƐnjĐnjĂůŶLJŵ͕ŶŝĞƉƌnjĞŶŝŬůŝǁLJĚůĂĐŝĞĐnjLJ͘
DĂƚĞƌĂĐnjŵŽǏůŝǁŽƑĐŝČǁLJŵŝĂŶLJƉŽŬƌŽǁĐĂ͕ƉŽŬƌŽǁŝĞĐnj
njĂŵŬŝĞŵďųLJƐŬĂǁŝĐnjŶLJŵŽďƐnjLJƚLJǁůŝƚĞƌħͣ>͟njŽŬĂƉŶŝŬŝĞŵ͕
ŐƌƵďŽƑđŵŝŶŝŵƵŵϭϬĐŵ͕ŽĚƉŽƌŶLJŶĂĚĞnjLJŶĨĞŬĐũħ͘WŽŬƌŽǁŝĞĐ
ŵĂƚĞƌĂĐĂůƵďƚŬĂŶŝŶĂ͕njŬƚſƌĞũũĞƐƚǁLJŬŽŶĂŶLJǁŝŶŝĞŶ
ƉŽƐŝĂĚĂđKƉŝŶŝħůĂďŽƌĂƚŽƌLJũŶČƉŽƚǁŝĞƌĚnjĂũČĐĂǁųĂƑĐŝǁŽƑĐŝ
ŶŝĞƉƌnjĞƉƵƐnjĐnjĂůŶŽƑĐŝĚƌŽďŶŽƵƐƚƌŽũſǁǁLJĚĂŶČƉƌnjĞnj
ƵƉƌĂǁŶŝŽŶLJĚŽƚĞŐŽƉŽĚŵŝŽƚ͘ʹϮϬƐnjƚ͘
−
ĂƌŝĞƌŬĂůĂŬŝĞƌŽǁĂŶĂƉƌŽƐnjŬŽǁŽ͕ǁLJŬŽŶĂŶĞnjϯƉƌŽĨŝůŝ
ƐƚĂůŽǁLJĐŚŽǁĂůŶLJĐŚŽǁLJƐŽŬŽƑĐŝŵŝŶ͘ϰϬŵŵŝŐƌƵďŽƑĐŝŵŝŶ͘
ϮϬŵŵƐŬųĂĚĂŶĂǁnjĚųƵǏƌĂŵLJůĞǏĂnjĂƉŽŵŽĐČũĞĚŶĞŐŽ
ƉƌnjLJĐŝƐŬƵ͕ŵŽŶƚŽǁĂŶĂƉŽĚƌĂŵČǁƐƉĞĐũĂůŶLJĐŚƚƵůĞũĂĐŚ
ǁLJƉŽƐĂǏŽŶĂǁŵĞĐŚĂŶŝnjŵnjĂƚƌnjĂƐŬŽǁLJnjŵŽǏůŝǁŽƑĐŝČ
ĚĞŵŽŶƚĂǏƵďĞnjƵǏLJĐŝĂŶĂƌnjħĚnjŝ͕ƐƉĞųŶŝĂũČĐĞŶŽƌŵħ
ďĞnjƉŝĞĐnjĞŷƐƚǁĂEϲϬϲϬϭͲϮͲϱϮʹϮϬŬƉů͘
−
hĐŚǁLJƚŶĂǁŽƌŬŝƵƌŽůŽŐŝĐnjŶĞĐŚƌŽŵŽǁĂŶLJʹϮϬƐnjƚ͘
−
WŽĚǁſũŶĂƌĂŵĂǁLJĐŝČŐŽǁĂǁLJŬŽŶĂŶĂnjŽŬƌČŐųLJĐŚƌƵƌ;ƐƚĂů
ǁħŐůŽǁĂ͕ĐŚƌŽŵŽǁĂŶĂͿ;ǁLJƉŽƐĂǏŽŶĂǁǁŝĞƐnjĂŬŬƌŽƉůſǁŬŝϭ
Ɛnjƚ͕͘ƵĐŚǁLJƚĚŽƌħŬŝϮƐnjƚ͕͘ϯƐnjƚƌŽůĞŬǁLJĐŝČŐŽǁLJĐŚͿʹϮϬŬƉů͘
−
dĂďůŝĐnjŬĂŶĂŬĂƌƚLJƉĂĐũĞŶƚĂ͕ŝĚĞŶƚLJĨŝŬĂĐũħƉĂĐũĞŶƚĂǁLJŬŽŶĂŶĂnj
ƉųLJƚLJ,W>ʹϮϬƐnjƚ͘
DŽǏůŝǁŽƑđǁLJďŽƌƵŬŽůŽƌſǁǁLJƉĞųŶŝĞŷƐnjĐnjLJƚſǁŵŝŶ͘ϭϬŬŽůŽƌſǁ
ŽƌĂnjŬŽůŽƌſǁƌĂŵLJųſǏŬĂŵŝŶ͘ϮŬŽůŽƌLJǁƚLJŵŬŽůŽƌƐnjĂƌLJ͘
•
•
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ϮϮ͘
•
ĞƌƚLJĨŝŬĂƚƉŽƚǁŝĞƌĚnjĂũČĐLJƉŽƐŝĂĚĂŶŝĞnjŶĂŬƵ͕
tW/^ĚŽZĞũĞƐƚƌƵtLJƌŽďſǁDĞĚLJĐnjŶLJĐŚ͕
ĞƌƚLJĨŝŬĂƚ /^K ϵϬϬϭ͗ϮϬϬϬ ůƵď ƌſǁŶŽǁĂǏŶLJ ƉŽƚǁŝĞƌĚnjĂũČĐLJ
njĚŽůŶŽƑđ ĚŽ ĐŝČŐųĞŐŽ ĚŽƐƚĂƌĐnjĂŶŝĂ ǁLJƌŽďſǁ njŐŽĚŶŝĞ nj
ǁLJŵĂŐĂŶŝĂŵŝ͕
ĞƌƚLJĨŝŬĂƚ /^K ϭϯϰϴϱ͗ϮϬϬϯ ƉŽƚǁŝĞƌĚnjĂũČĐLJ͕ ǏĞ ƉƌŽĚƵĐĞŶƚ
ǁĚƌŽǏLJų ŝ ƵƚƌnjLJŵƵũĞ ƐLJƐƚĞŵ njĂƌnjČĚnjĂŶŝĂ ũĂŬŽƑĐŝČ ĚůĂ ǁLJƌŽďſǁ
ŵĞĚLJĐnjŶLJĐŚ͘
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'ǁĂƌĂŶĐũĂŵŝŶ͘ϯϲŵŝĞƐŝħĐLJ
Ϯϰ͘
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njĂƐƌĞĂŬĐũŝƐĞƌǁŝƐƵŵĂdž͘ϳϮŐŽĚnj͘
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͙͙͙͙͙͙͙͙͙͙͙͙͙͙
ĚĂƚĂŝƉŽĚƉŝƐ
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WƌnjĞĚŵŝŽƚnjĂŵſǁŝĞŶŝĂ͗ BM‚<K^W/d>Et/>K&hE<z:EWKtM:EZDtz/'KtʹϯƐnjƚ͘
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WĂƌĂŵĞƚƌ
ǁLJŵĂŐĂŶLJ
KƉŝƐƉĂƌĂŵĞƚƌſǁǁLJŵĂŐĂŶLJĐŚ
WĂƌĂŵĞƚƌŽĨĞƌŽǁĂŶLJ
tzD'E/K'M>E
EĂnjǁĂŽĨĞƌŽǁĂŶĞŐŽƵƌnjČĚnjĞŶŝĂ͗
ϭ͘
Ϯ͘
ϯ͘
ϰ͘
ϱ͘
WƌŽĚƵĐĞŶƚ͗
dLJƉ͗
ZŽŬƉƌŽĚƵŬĐũŝ͗ϮϬϭϰͬϮϬϭϱ
DĞƚĂůŽǁĂŬŽŶƐƚƌƵŬĐũĂųſǏŬĂůĂŬŝĞƌŽǁĂŶĂƉƌŽƐnjŬŽǁŽ͘WŽĚƐƚĂǁĂųſǏŬĂ
ƉŽnjďĂǁŝŽŶĂŬĂďůŝŽƌĂnjƵŬųĂĚſǁƐƚĞƌƵũČĐLJĐŚĨƵŶŬĐũĂŵŝųſǏŬĂ͕ųĂƚǁĂǁ
ƵƚƌnjLJŵĂŶŝƵĐnjLJƐƚŽƑĐŝ͘
WŽĚƐƚĂǁĂųſǏŬĂƉĂŶƚŽŐƌĂĨƉŽĚƉŝĞƌĂũČĐĂůĞǏĞǁŵŝŶŝŵƵŵϴƉƵŶŬƚĂĐŚ͕
ŐǁĂƌĂŶƚƵũČĐĂƐƚĂďŝůŶŽƑđůĞǏĂ;ŶŝĞĚŽƉƵƐnjĐnjĂƐŝħųſǏĞŬŽƉĂƌƚLJĐŚŶĂ
ĚǁſĐŚŝƚƌnjĞĐŚŬŽůƵŵŶĂĐŚͿ͘
tŽůŶĂƉƌnjĞƐƚƌnjĞŷƉŽŵŝħĚnjLJƉŽĚųŽǏĞŵ͕ĂĐĂųLJŵƉŽĚǁŽnjŝĞŵ
ǁLJŶŽƐnjČĐĂŶŝĞŵŶŝĞũŶŝǏϭϰϬŵŵƵŵŽǏůŝǁŝĂũČĐĂųĂƚǁLJƉƌnjĞũĂnjĚƉƌnjĞnj
ƉƌŽŐŝŽƌĂnjǁũĂnjĚĚŽĚǍǁŝŐſǁŽƐŽďŽǁLJĐŚ͘
tLJŵŝĂƌLJnjĞǁŶħƚƌnjŶĞųſǏŬĂ͗
− ųƵŐŽƑđĐĂųŬŽǁŝƚĂ͗ϮϭϱϬŵŵ͕;нͬͲϯϬŵŵͿ
− ^njĞƌŽŬŽƑđĐĂųŬŽǁŝƚĂǁƌĂnjnjnjĂŵŽŶƚŽǁĂŶLJŵŝďĂƌŝĞƌŬĂŵŝǁLJŶŽƐŝ
ŵĂdžϵϵϬŵŵ;ǁLJŵŝĂƌůĞǏĂϴϳϬdžϮϬϬϬͿ
ϲ͘
>ĞǏĞųſǏŬĂĐnjƚĞƌŽƐĞŐŵĞŶƚŽǁĞnjĐnjĞŐŽŵŝŶ͘ϯƐĞŐŵĞŶƚLJƌƵĐŚŽŵĞ
ϳ͘
ϴ͘
ϵ͘
ϭϬ͘
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ϭϱ͘
ϭϲ͘
ϭϳ͘
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BſǏŬŽƐƉĞųŶŝĂũČĐĞǁLJŵĂŐĂŶŝĂŶŽƌŵLJ/WͲϲϲ
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ZĂŵĂůĞǏĂǁLJƉŽƐĂǏŽŶĂǁŐŶŝĂnjĚŽǁLJƌſǁŶĂŶŝĂƉŽƚĞŶĐũĂųƵ͘BſǏŬŽ
ƉƌnjĞďĂĚĂŶĞƉŽĚŬČƚĞŵďĞnjƉŝĞĐnjĞŷƐƚǁĂĞůĞŬƚƌLJĐnjŶĞŐŽǁŐŶŽƌŵLJWE
EϲϮϯϱϯʹĚŽųČĐnjLJđƉƌŽƚŽŬſųnjďĂĚĂŷƉƌnjLJĚŽƐƚĂǁŝĞƉƌŽĚƵŬƚƵ͘
ůĞŬƚƌLJĐnjŶĞƌĞŐƵůĂĐũĞ͗
ͲƐĞŐŵĞŶƚŽƉĂƌĐŝĂƉůĞĐſǁϬͲϳϱΣ;цϱΣͿnjŽƉƚLJĐnjŶLJŵǁƐŬĂǍŶŝŬŝĞŵŬČƚĂ
ƉƌnjĞĐŚLJųƵ͕
ͲƐĞŐŵĞŶƚƵĚĂϬͲϰϱΣ;цϱΣͿ͕
ͲŬČƚƉƌnjĞĐŚLJųƵdƌĞŶĚůĞůĞŶďƵƌŐĂϬͲϮϬΣ;цϮΣͿ͕
ͲŬČƚƉƌnjĞĐŚLJųƵĂŶƚLJͲdƌĞŶĚůĞŶďƵƌŐĂϬͲϮϬΣ;цϮΣͿ͕
ͲƌĞŐƵůĂĐũĂƐĞŐŵĞŶƚƵƉŽĚƵĚnjŝĂʹƌħĐnjŶĂŵĞĐŚĂŶŝnjŵĞŵ
njĂƉĂĚŬŽǁLJŵ͘
ůĞŬƚƌLJĐnjŶĂƌĞŐƵůĂĐũĂǁLJƐŽŬŽƑĐŝǁnjĂŬƌĞƐŝĞ͗
ϯϴϬĚŽϴϮϬŵŵ;цϭϬŵŵͿ
BſǏŬŽƐƚĞƌŽǁĂŶĞƉƌnjĞǁŽĚŽǁLJŵƉŝůŽƚĞŵnjƉŽĚƑǁŝĞƚůĂŶLJŵŝ
ŬůĂǁŝƐnjĂŵŝƵŵŽǏůŝǁŝĂũČĐLJŵŝųĂƚǁĞƐƚĞƌŽǁĂŶŝĞųſǏŬŝĞŵǁŶŽĐLJ͘WŝůŽƚ
njŵŽǏůŝǁŽƑĐŝČďůŽŬĂĚLJĨƵŶŬĐũŝƉƌnjĞnjƉĞƌƐŽŶĞůŵĞĚLJĐnjŶLJ͘
BſǏŬŽǁLJƉŽƐĂǏŽŶĞǁƉĂŶĞůƐƚĞƌƵũČĐLJĐŚŽǁĂŶLJƉŽĚůĞǏĞŵǁƉſųĐĞĚŽ
ŽĚŬųĂĚĂŶŝĂƉŽƑĐŝĞůŝnjŵŽǏůŝǁŽƑĐŝČŝŶƐƚĂůĂĐũŝŐŽŶĂƐnjĐnjLJĐŝĞųſnjŬĂ͘
WĂŶĞůǁLJƉŽƐĂǏŽŶLJǁƉŽĚǁſũŶĞnjĂďĞnjƉŝĞĐnjĞŶŝĞƉƌnjĞĚ
ƉƌnjLJƉĂĚŬŽǁLJŵƵƌƵĐŚŽŵŝĞŶŝĞŵĨƵŶŬĐũŝĞůĞŬƚƌLJĐnjŶLJĐŚnjŵŽǏůŝǁŽƑĐŝČ
ďůŽŬĂĚLJƉŽƐnjĐnjĞŐſůŶLJĐŚĨƵŶŬĐũŝƉŝůŽƚĂ͘WĂŶĞůƐƚĞƌƵũČĐLJǁLJƉŽƐĂǏŽŶLJ
ǁĨƵŶŬĐũħƌĞŐƵůĂĐũŝƐĞŐŵĞŶƚƵŽƉĂƌĐŝĂƉůĞĐſǁ͕ƵĚĂ͕ǁLJƐŽŬŽƑĐŝůĞǏĂ͕
ƉŽnjLJĐũŝǁnjĚųƵǏŶLJĐŚŽƌĂnjƵnjLJƐŬŝǁĂŶLJĐŚnjĂƉŽŵŽĐČũĞĚŶĞŐŽƉƌnjLJĐŝƐŬƵ
ĨƵŶŬĐũŝĂŶƚLJͲƐnjŽŬŽǁĞũ͕ĞŐnjĂŵŝŶĂĐLJũŶĞũ͕WZ͕ŬƌnjĞƐųĂ
ŬĂƌĚŝŽůŽŐŝĐnjŶĞŐŽ͘WŽƐŝĂĚĂƌſǁŶŝĞǏŽƉƚLJĐnjŶLJǁƐŬĂǍŶŝŬŶĂųĂĚŽǁĂŶŝĂ
ĂŬƵŵƵůĂƚŽƌĂŽƌĂnjƉŽĚųČĐnjĞŶŝĂĚŽƐŝĞĐŝ͘
^ĞŐŵĞŶƚŽƉĂƌĐŝĂƉůĞĐſǁnjŵŽǏůŝǁŽƑĐŝČŵĞĐŚĂŶŝĐnjŶĞŐŽƐnjLJďŬŝĞŐŽ
ƉŽnjŝŽŵŽǁĂŶŝĂ;WZͿʹĚǍǁŝŐŶŝĂƵŵŝĞƐnjĐnjŽŶĂƉŽĚůĞǏĞŵ͕ŽnjŶĂĐnjŽŶĂ
ŬŽůŽƌĞŵĐnjĞƌǁŽŶLJŵ
ƵƚŽŬŽŶƚƵƌƐĞŐŵĞŶƚƵŽƉĂƌĐŝĂƉůĞĐſǁ
ƵƚŽƌĞŐƌĞƐũĂƐĞŐŵĞŶƚƵŽƉĂƌĐŝĂƉůĞĐſǁnjĂƉŽďŝĞŐĂũČĐĂƉƌnjĞĚ
njƐƵǁĂŶŝĞŵƉĂĐũĞŶƚĂ
>ĞǏĞǁLJƉĞųŶŝŽŶĞƉųLJƚĂŵŝnjƉŽůŝƉƌŽƉLJůĞŶƵŽĚƉŽƌŶĞŐŽŶĂĚnjŝĂųĂŶŝĞ
ǁLJƐŽŬŝĞũƚĞŵƉĞƌĂƚƵƌLJ͕ƑƌŽĚŬſǁĚĞnjLJŶĨĞŬƵũČĐLJĐŚŽƌĂnjĚnjŝĂųĂŶŝĞhs͘
WųLJƚLJŽĚĞũŵŽǁĂŶĞďĞnjƵǏLJĐŝĂŶĂƌnjħĚnjŝ͘
ŬƵŵƵůĂƚŽƌǁďƵĚŽǁĂŶLJǁƵŬųĂĚĞůĞŬƚƌLJĐnjŶLJųſǏŬĂƉŽĚƚƌnjLJŵƵũČĐLJ
ƐƚĞƌŽǁĂŶŝĞųſǏŬĂƉƌnjLJďƌĂŬƵnjĂƐŝůĂŶŝĂƐŝĞĐŝŽǁĞŐŽ
BſǏŬŽnjŵŽǏůŝǁŽƑĐŝČƚĞůĞƐŬŽƉŽǁĞŐŽƉƌnjĞĚųƵǏĞŶŝĂůĞǏĂŽϮϬϬŵŵ
d<WK
d<WK
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ϭϴ͘
ϭϵ͘
ϮϬ͘
Ϯϭ͘
ϮϮ͘
Ϯϯ͘
Ϯϰ͘
^njĐnjLJƚLJųſǏŬĂǁLJƉĞųŶŝŽŶĞƉųLJƚČƚǁŽƌnjLJǁŽǁČ;,W>ͿŽŐƌƵďŽƑĐŝϭϬŵŵ
;цϮŵŵͿ͕ŽĚĞũŵŽǁĂŶĞďĞnjƵǏLJĐŝĂŶĂƌnjħĚnjŝ͕ƵŵŽǏůŝǁŝĂũČĐĞųĂƚǁLJ
ĚŽƐƚħƉĚŽƉĂĐũĞŶƚĂnjĂƌſǁŶŽŽĚƐƚƌŽŶLJŶſŐũĂŬŝŐųŽǁLJnjŵŽǏůŝǁŽƑĐŝČ
ǁLJŬŽƌnjLJƐƚĂŶŝĂƉųLJƚLJũĂŬŽĚĞƐŬĂƌĞĂŶŝŵĂĐLJũŶĂ͘
BſǏŬŽǁLJƉŽƐĂǏŽŶĞǁŽƉƵƐnjĐnjĂŶĞĂůƵŵŝŶŝŽǁĞďĂƌŝĞƌŬŝďŽĐnjŶĞ͕
njĂďĞnjƉŝĞĐnjĂũČĐĞƉĂĐũĞŶƚĂŶĂĐĂųĞũĚųƵŐŽƑĐŝďĞnjǁŽůŶĞũƉƌnjĞƐƚƌnjĞŶŝ
ƉŽŵŝħĚnjLJƐnjĐnjLJƚĞŵĂďĂƌŝĞƌŬČŶĂǁĞƚǁƉƌnjLJƉĂĚŬƵǁLJĚųƵǏĞŶŝĂůĞǏĂ
;njŝŶƚĞŐƌŽǁĂŶĞnjĞƐnjĐnjLJƚĞŵųſǏŬĂͿ͘ůĂƐƚLJĐnjŶĞůŝƐƚǁLJŽĚďŽũŽǁĞ
ƵŵŝĞƐnjĐnjŽŶĞŶĂďĂƌŝĞƌŬĂĐŚŶĂĐĂųĞũŝĐŚĚųƵŐŽƑĐŝĐŚƌŽŶŝČĐĞųſǏŬŽ
ƉƌnjĞĚƵĚĞƌnjĞŶŝĂŵŝ͘ĂƌŝĞƌŬŝƐƉĞųŶŝĂũČĐĞŶŽƌŵħďĞnjƉŝĞĐnjĞŷƐƚǁĂ͗E
ϲϬϲϬϭͲϮͲϱϮ
tLJƐƵǁĂŶĂƉſųŬĂĚŽŽĚŬųĂĚĂŶŝĂƉŽƑĐŝĞůŝ͕ŶŝĞǁLJƐƚĂũČĐĂƉŽnjĂŽďƌLJƐ
ƌĂŵLJųſǏŬĂ
DŽǏůŝǁŽƑđnjĂŵŽŶƚŽǁĂŶŝĂƉŽĚǁſĐŚƐƚƌŽŶĂĐŚųſǏŬĂƵĐŚǁLJƚſǁŶĂ
ǁŽƌŬŝƵƌŽůŽŐŝĐnjŶĞ͘
tŶĂƌŽǏŶŝŬĂĐŚůĞǏĂϰŬƌČǏŬŝŽĚďŽũŽǁĞĂŽĚƐƚƌŽŶLJŐųŽǁLJŬƌČǏŬŝ
ĚǁƵŽƐŝŽǁĞĐŚƌŽŶŝČĐĞƑĐŝĂŶLJŝųſǏŬŽƉŽĚĐnjĂƐnjŵŝĂŶLJƉŽųŽǏĞŶŝĂǁ
ƉŽnjLJĐũŝǁĞƌƚLJŬĂůŶĞũŝŚŽƌLJnjŽŶƚĂůŶĞũ͘
BſǏŬŽǁLJƉŽƐĂǏŽŶĞǁĞůĂƐƚLJĐnjŶĞƚǁŽƌnjLJǁŽǁĞƵĐŚǁLJƚLJŵĂƚĞƌĂĐĂ
ƉƌnjLJŵŝŶ͘ĚǁſĐŚƐĞŐŵĞŶƚĂĐŚůĞǏĂ͕ĚŽƐƚŽƐŽǁƵũČĐĞƐŝħĚŽƐnjĞƌŽŬŽƑĐŝ
ŵĂƚĞƌĂĐĂ͕njĂƉŽďŝĞŐĂũČĐĞƉŽǁƐƚĂǁĂŶŝƵƵƌĂnjſǁŬŽŷĐnjLJŶ͘hĐŚǁLJƚLJ
ƚǁŽƌnjLJǁŽǁĞǁLJƉŽƐĂǏŽŶĞǁŬČƚŽŵŝĞƌnjĞƉŽĚǁſĐŚƐƚƌŽŶĂĐŚƉƌnjLJ
ƐĞŐŵĞŶĐŝĞǁĞnjŐųŽǁŝĂ͘
WŽĚƐƚĂǁĂųſǏŬĂũĞnjĚŶĂǁLJƉŽƐĂǏŽŶĂǁĂŶƚLJƐƚĂƚLJĐnjŶĞŬŽųĂŽƑƌĞĚŶŝĐLJ
ŵŝŶ͘ϭϱϬŵŵ͕njĐĞŶƚƌĂůŶČďůŽŬĂĚČŬſųŽƌĂnjďůŽŬĂĚČŬŝĞƌƵŶŬŽǁČ͘
Ϯϱ͘
ĞnjƉŝĞĐnjŶĞŽďĐŝČǏĞŶŝĞŵŝŶ͘ϮϱϬŬŐƉŽƚǁŝĞƌĚnjŽŶĞƉƌnjĞnjŶŝĞnjĂůĞǏŶLJ
ƉŽĚŵŝŽƚ͘
Ϯϲ͘
DŽǏůŝǁŽƑđŵŽŶƚĂǏƵƌĂŵLJǁLJĐŝČŐŽǁĞũ͕ǁŝĞƐnjĂŬĂŬƌŽƉůſǁŬŝŽƌĂnj
ǁLJƐŝħŐŶŝŬĂnjƵĐŚǁLJƚĞŵĚŽƌħŬŝ
Ϯϳ͘
Ϯϴ͘
Ϯϵ͘
<ŽůŽƌſǁǁLJƉĞųŶŝĞŷƐnjĐnjLJƚſǁϲŬŽůŽƌſǁĚŽǁLJďŽƌƵƉƌnjĞnj
njĂŵĂǁŝĂũČĐĞŐŽ͕ŬŽůŽƌƌĂŵLJͲďŝĂųLJ
ůĞŵĞŶƚLJǁLJƉŽƐĂǏĞŶŝĂųſǏĞŬ͗
−
DĂƚĞƌĂĐĚŽƉĂƐŽǁĂŶLJĚŽƌĂŵLJůĞǏĂnjƉŝĂŶŬŝƉŽůŝƵƌĞƚĂŶŽǁĞũǁ
ƉŽŬƌŽǁĐƵƉĂƌŽƉƌnjĞƉƵƐnjĐnjĂůŶLJŵ͕ŶŝĞƉƌnjĞŶŝŬůŝǁLJĚůĂĐŝĞĐnjLJ͘
DĂƚĞƌĂĐnjŵŽǏůŝǁŽƑĐŝČǁLJŵŝĂŶLJƉŽŬƌŽǁĐĂ͕ƉŽŬƌŽǁŝĞĐnj
njĂŵŬŝĞŵďųLJƐŬĂǁŝĐnjŶLJŵŽďƐnjLJƚLJǁůŝƚĞƌħͣ>͟njŽŬĂƉŶŝŬŝĞŵ͕
ŐƌƵďŽƑđŵŝŶŝŵƵŵϭϬĐŵ͕ŽĚƉŽƌŶLJŶĂĚĞnjLJŶĨĞŬĐũħ͘WŽŬƌŽǁŝĞĐ
ŵĂƚĞƌĂĐĂůƵďƚŬĂŶŝŶĂnjŬƚſƌĞũũĞƐƚǁLJŬŽŶĂŶLJǁŝŶŝĞŶƉŽƐŝĂĚĂđ
KƉŝŶŝħůĂďŽƌĂƚŽƌLJũŶČƉŽƚǁŝĞƌĚnjĂũČĐĂǁųĂƑĐŝǁŽƑĐŝ
ŶŝĞƉƌnjĞƉƵƐnjĐnjĂůŶŽƑĐŝĚƌŽďŶŽƵƐƚƌŽũſǁǁLJĚĂŶČƉƌnjĞnj
ƵƉƌĂǁŶŝŽŶLJĚŽƚĞŐŽƉŽĚŵŝŽƚ͘ʹϯƐnjƚ͘
−
hĐŚǁLJƚŶĂǁŽƌŬŝƵƌŽůŽŐŝĐnjŶĞĐŚƌŽŵŽǁĂŶLJʹϯƐnjƚ͘
−
WŽĚǁſũŶĂƌĂŵĂǁLJĐŝČŐŽǁĂǁLJŬŽŶĂŶĂnjŽŬƌČŐųLJĐŚƌƵƌ;ƐƚĂů
ǁħŐůŽǁĂ͕ĐŚƌŽŵŽǁĂŶĂͿ;ǁLJƉŽƐĂǏŽŶĂǁǁŝĞƐnjĂŬŬƌŽƉůſǁŬŝϭ
Ɛnjƚ͕͘ƵĐŚǁLJƚĚŽƌħŬŝϮƐnjƚ͕͘ϯƐnjƚƌŽůĞŬǁLJĐŝČŐŽǁLJĐŚͿʹϯŬƉů͘
−
dĂďůŝĐnjŬĂŶĂŬĂƌƚLJƉĂĐũĞŶƚĂ͕ŝĚĞŶƚLJĨŝŬĂĐũħƉĂĐũĞŶƚĂǁLJŬŽŶĂŶĂnj
ƉųLJƚLJ,W>ʹϯƐnjƚ͘
• ĞƌƚLJĨŝŬĂƚƉŽƚǁŝĞƌĚnjĂũČĐLJƉŽƐŝĂĚĂŶŝĞnjŶĂŬƵ͕
• tW/^ĚŽZĞũĞƐƚƌƵtLJƌŽďſǁDĞĚLJĐnjŶLJĐŚ͕
• ĞƌƚLJĨŝŬĂƚ /^K ϵϬϬϭ͗ϮϬϬϬ ůƵď ƌſǁŶŽǁĂǏŶLJ ƉŽƚǁŝĞƌĚnjĂũČĐLJ
njĚŽůŶŽƑđ ĚŽ ĐŝČŐųĞŐŽ ĚŽƐƚĂƌĐnjĂŶŝĂ ǁLJƌŽďſǁ njŐŽĚŶŝĞ nj
ǁLJŵĂŐĂŶŝĂŵŝ͕
• ĞƌƚLJĨŝŬĂƚ/^Kϭϯϰϴϱ͗ϮϬϬϯƉŽƚǁŝĞƌĚnjĂũČĐLJ͕ǏĞƉƌŽĚƵĐĞŶƚ
ǁĚƌŽǏLJųŝƵƚƌnjLJŵƵũĞƐLJƐƚĞŵnjĂƌnjČĚnjĂŶŝĂũĂŬŽƑĐŝČĚůĂǁLJƌŽďſǁ
ŵĞĚLJĐnjŶLJĐŚ͘
d<WK
d<
d<
d<
d<
d<
d<WK
d<WK
d<
d<WK
d<
d<
ϯϬ͘
'ǁĂƌĂŶĐũĂŵŝŶ͘ϯϲŵŝĞƐŝħĐLJ
d<WK
ϯϭ͘
^ĞƌǁŝƐƉŽŐǁĂƌĂŶĐLJũŶLJ͕ŽĚƉųĂƚŶLJƉƌnjĞnjŽŬƌĞƐŵŝŶ͘ϭϬůĂƚ
d<WK
ϯϮ͘
'ǁĂƌĂŶĐũĂnjĂƉĞǁŶŝĞŶŝĂnjĂŬƵƉƵĐnjħƑĐŝnjĂŵŝĞŶŶLJĐŚƉƌnjĞnjŽŬƌĞƐϭϬůĂƚ
d<WK
ϯϯ͘
njĂƐƌĞĂŬĐũŝƐĞƌǁŝƐƵŵĂdž͘ϳϮŐŽĚnj͘
d<WK
^dt/E/tZhE<Mt/WZDdZMttzD'Ez,njĂų͘ϯ͘ϰĐ
WƌnjĞĚŵŝŽƚnjĂŵſǁŝĞŶŝĂ͗^njĂĨŬĂƉƌnjLJųſǏŬŽǁĂnjďůĂƚĞŵďŽĐnjŶLJŵʹϮϳƐnjƚ͘
>Ɖ͘
WĂƌĂŵĞƚƌ
ǁLJŵĂŐĂŶLJ
KƉŝƐƉĂƌĂŵĞƚƌſǁǁLJŵĂŐĂŶLJĐŚ
WĂƌĂŵĞƚƌŽĨĞƌŽǁĂŶLJ
tzD'E/K'M>E
EĂnjǁĂŽĨĞƌŽǁĂŶĞŐŽƵƌnjČĚnjĞŶŝĂ͗
ϭ͘
Ϯ͘
ϯ͘
ϰ͘
ϱ͘
ϲ͘
ϳ͘
ϴ͘
ϵ͘
ϭϬ͘
ϭϭ͘
ϭϮ͘
ϭϯ͘
ϭϰ͘
ϭϱ͘
WƌŽĚƵĐĞŶƚ͗
dLJƉ͗
ZŽŬƉƌŽĚƵŬĐũŝ͗ϮϬϭϰͬϮϬϭϱ
<ŽƌƉƵƐƐnjĂĨŬŝǁLJŬŽŶĂŶLJnjƉƌŽĨŝůŝĂůƵŵŝŶŝŽǁLJĐŚ͘ZĂŵŬŝƐnjƵĨůĂĚŽƌĂnj
ďŽŬŝŬŽƌƉƵƐƵǁLJŬŽŶĂŶĞnjŽĐLJŶŬŽǁĂŶĞũƐƚĂůŝƉŽŬƌLJƚĞũůĂŬŝĞƌĞŵ
ƉŽůŝĞƐƚƌŽǁŽͲĞƉŽŬƐLJĚŽǁLJŵ͘ůĂƚƐnjĂĨŬŝŽƌĂnjĐnjŽųĂƐnjƵĨůĂĚǁLJŬŽŶĂŶĞnj
ǁLJƚƌnjLJŵĂųĞŐŽŝǁŽĚŽŽĚƉŽƌŶĞŐŽƚǁŽƌnjLJǁĂ,W>;ŽŐƌƵďŽƑĐŝŵŝŶ͘ϲ
ŵŵͿ͘
dLJůŶĂĐnjħƑđďůĂƚƵƐnjĂĨŬŝǁLJƉŽƐĂǏŽŶĂǁĂůƵŵŝŶŝŽǁLJƌĞůŝŶŐƉŽƐŝĂĚĂũČĐLJ
ƚǁŽƌnjLJǁŽǁLJŚĂĐnjLJŬŶĂƌħĐnjŶŝŬnjŵŽǏůŝǁŽƑĐŝČĚĞŵŽŶƚĂǏƵŽƌĂnj
ƉƌnjĞƐƵǁĂŶŝĂŶĂĐĂųĞũũĞŐŽĚųƵŐŽƑĐŝ͘ŽĐnjŶĞŬƌĂǁħĚnjŝĞďůĂƚƵƐnjĂĨŬŝ
njĂďĞnjƉŝĞĐnjŽŶĞĂůƵŵŝŶŝŽǁĞůŝƐƚǁLJǁŬƐnjƚĂųĐŝĞůŝƚĞƌLJ͘
^njĂĨŬĂƐŬųĂĚĂũČĐĂƐŝħnjĚǁſĐŚƐnjƵĨůĂĚ͕ƉŽŵŝħĚnjLJƐnjƵĨůĂĚĂŵŝƉſųŬĂŶĂ
ƉƌĂƐħŽǁLJƐŽŬŽƑĐŝŵŝŶ͘ϭϱϬŵŵůƵďϭϰϬŵŵ͕ĚŽƐƚħƉĚŽƉſųŬŝŽĚ
ĨƌŽŶƚƵƐnjĂĨŬŝ͘
^njƵĨůĂĚĂŐſƌŶĂǁLJƉŽƐĂǏŽŶĂǁŽĚĞũŵŽǁĂŶLJƚǁŽƌnjLJǁŽǁLJ;^Ϳ
ǁŬųĂĚƵųĂƚǁŝĂũČĐLJŵLJĐŝĞŝĚĞnjLJŶĨĞŬĐũħnjƉŽĚnjŝĂųĞŵŶĂϯĐnjħƑĐŝ͘
tLJƐŽŬŽƑđƐnjƵĨůĂĚLJŵŝŶ͘ϭϭϬŵŵ͘^njƵĨůĂĚĂǁLJƐƵǁĂŶĂƐƉŽĚŐſƌŶĞŐŽ
ďůĂƚƵƐnjĂĨŬŝŶĂƉƌŽǁĂĚŶŝĐĂĐŚƌŽůŬŽǁLJĐŚƵŵŽǏůŝǁŝĂũČĐĞĐŝĐŚĞŝųĂƚǁĞ
ǁLJƐƵǁĂŶŝĞŝĚŽŵLJŬĂŶŝĞ͘
^njƵĨůĂĚĂĚŽůŶĂǁLJƉŽƐĂǏŽŶĂǁŽĚĞũŵŽǁĂŶLJƚǁŽƌnjLJǁŽǁLJ;^Ϳ
ǁŬųĂĚųĂƚǁLJĚŽŵLJĐŝĂŝĚĞnjLJŶĨĞŬĐũŝĚnjŝĞůČĐLJǁŶħƚƌnjĞƐnjƵĨůĂĚLJŶĂϯ
ĐnjħƑĐŝ͘:ĞĚŶĂnjĐnjħƑĐŝŵĂƉĞųŶŝđĨƵŶŬĐũħƵĐŚǁLJƚƵŶĂϮďƵƚĞůŬŝŽ
ƉŽũĞŵŶŽƑĐŝŵŝŶ͘ϭ͕ϱů͕ƵĐŚǁLJƚŶĂďƵƚĞůŬŝnjŵŽǏůŝǁŽƑĐŝČũĞŐŽ
ĚĞŵŽŶƚĂǏƵ͘tLJƐŽŬŽƑđƐnjƵĨůĂĚLJŵŝŶ͘ϯϱϬŵŵ͘^njƵĨůĂĚĂǁLJƉŽƐĂǏŽŶĂ
ǁƉƌŽǁĂĚŶŝĐĞƌŽůŬŽǁĞƵŵŽǏůŝǁŝĂũČĐĞĐŝĐŚĞŝųĂƚǁĞǁLJƐƵǁĂŶŝĞŝ
ĚŽŵLJŬĂŶŝĞ͘
tLJŵŝĂƌLJnjĞǁŶħƚƌnjŶĞ͗
ͲǁLJƐŽŬŽƑđͲϵϬϬŵŵ;цϮϬŵŵͿ
ͲƐnjĞƌŽŬŽƑđƐnjĂĨŬŝͲϰϲϬŵŵ;цϮϬŵŵͿ
ͲƐnjĞƌŽŬŽƑđƐnjĂĨŬŝnjnjĂŵŽŶƚŽǁĂŶLJŵ͕njųŽǏŽŶLJŵďůĂƚĞŵďŽĐnjŶLJŵͲ
ϱϮϬŵŵͲϱϳϬŵŵ
ͲƐnjĞƌŽŬŽƑđƉƌnjLJƌŽnjųŽǏŽŶLJŵďůĂĐŝĞͲϭϭϱϬŵŵ;цϯϬŵŵͿ
ͲŐųħďŽŬŽƑđͲϰϳϬŵŵ;цϮϬŵŵͿ
njŽųĂƐnjƵĨůĂĚnjĂŽƉĂƚƌnjŽŶĞǁƵĐŚǁLJƚLJǁŬŽůŽƌnjĞƐƚĂůŽǁLJŵ͘
WŽĚĚŽůŶČƐnjƵĨůĂĚČƉſųŬĂŶĂƌnjĞĐnjLJƉŽĚƌħĐnjŶĞƉĂĐũĞŶƚĂ;ŶƉ͘ŽďƵǁŝĞͿ
ǁLJŬŽŶĂŶĂnjƚǁŽƌnjLJǁĂ^͘ŽƐƚħƉĚŽƉſųŬŝƚLJůŬŽŽĚĨƌŽŶƚƵƐnjĂĨŬŝ
^njĂĨŬĂǁLJƉŽƐĂǏŽŶĂǁďůĂƚďŽĐnjŶLJnjďĞnjƐƚŽƉŶŝŽǁČƌĞŐƵůĂĐũČ
ǁLJƐŽŬŽƑĐŝnjĂƉŽŵŽĐČƐƉƌħǏLJŶLJŐĂnjŽǁĞũnjŵŽǏůŝǁŽƑĐŝČƌĞŐƵůĂĐũŝŬČƚĂ
ƉŽĐŚLJůĞŶŝĂďůĂƚƵŽŬ͘ϯϬΣŝŽŬ͘ϲϬΣǁũĞĚŶČŝĚƌƵŐČƐƚƌŽŶħ͘
^ƉƌħǏLJŶĂŐĂnjŽǁĂŽƐųŽŶŝħƚĂǁĂůƵŵŝŶŝŽǁĞũ͕ƉƌŽƐƚŽŬČƚŶĞũŽďƵĚŽǁŝĞ͘
DĞĐŚĂŶŝnjŵƵŶŽƐnjĞŶŝĂŽƌĂnjnjǁĂůŶŝĂŶŝĂďůĂƚƵƵŵŝĞƐnjĐnjŽŶLJǁ
ƚǁŽƌnjLJǁŽǁĞũ͕ĞƌŐŽŶŽŵŝĐnjŶĞũŵĂŶĞƚĐĞƵŵŝĞƐnjĐnjŽŶĞũŶĂǁLJƐŽŬŽƑĐŝ
ďůĂƚƵŐųſǁŶĞŐŽƐnjĂĨŬŝ͕ŶŝĞǁLJŵƵƐnjĂũČĐĞũŬŽŶŝĞĐnjŶŽƑĐŝƉŽĐŚLJůĂŶŝĂƐŝħ
ĐĞůĞŵƌŽnjųŽǏĞŶŝĂůƵďƵŶŝĞƐŝĞŶŝĂďůĂƚƵďŽĐnjŶĞŐŽ͘
ZĞŐƵůĂĐũĂďůĂƚƵďŽĐnjŶĞŐŽǁnjĂŬƌĞƐŝĞ͗ϳϱϬͲϭϭϬϬŵŵ;цϮϬŵŵͿůƵď
ϴϬϬͲϭϭϬϬŵŵ
ůĂƚƉſųŬŝďŽĐnjŶĞũǁLJŬŽŶĂŶLJnjǁLJƚƌnjLJŵĂųĞŐŽŝǁŽĚŽŽĚƉŽƌŶĞŐŽ
ƚǁŽƌnjLJǁĂ,W>;ŽŐƌƵďŽƑĐŝŵŝŶ͘ϲŵŵͿ͕ǁƐƉŽƌŶŝŬďůĂƚƵŽƐųŽŶŝħƚLJ
njĂŽŬƌČŐůŽŶČŽƐųŽŶČǁLJŬŽŶĂŶČnjĂůƵŵŝŶŝƵŵ͕ŵŝŶ͘ĚǁŝĞŬƌĂǁħĚnjŝĞ
njĂďĞnjƉŝĞĐnjŽŶĞĂůƵŵŝŶŝŽǁLJŵƌĞůŝŶŐŝĞŵǁŬƐnjƚĂųĐŝĞůŝƚĞƌLJ͘
ůĂƚŽĐnjŶLJnjŵŽǏůŝǁŽƑĐŝČũĞŐŽƌŽnjųŽǏĞŶŝĂŶĂŬĂǏĚĞũǁLJƐŽŬŽƑĐŝďĞnj
ŬŽŶŝĞĐnjŶŽƑĐŝŽĚƐƵǁĂŶŝĂƐnjĂĨŬŝŽĚųſǏŬĂŽƌĂnjďĞnjŬŽŶŝĞĐnjŶŽƑĐŝŽďƌŽƚƵ
ďůĂƚƵŽŬČƚϭϴϬΣ͘ZŽnjŬųĂĚŶŝĞďůĂƚƵďŽĐnjŶĞŐŽƌŽnjƉŽĐnjLJŶĂƐŝħƉŽƉƌnjĞnj
ŽĚĐŚLJůĞŶŝĞŐſƌŶĞũŬƌĂǁħĚnjŝďůĂƚƵŶĂnjĞǁŶČƚƌnj;ŐſƌŶĂŬƌĂǁħĚǍ
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