ADNIA ORCUL MES SNEVOJ SRE WORG TSAF

retrauQ rop - otruc siam ozarp mun lareG oãçailavA

00.000,186,611 = gnidnat stuO serahS ºN )euneveR teN( SATIECER
: S/P = RN/)OSºn*P( :htworG selaS 12.021$ = OÇERP
96.21 %07.84 00.000,000,883$ = RN dwF
:YoY htworG dwF %33.4 00.000,829,062$ = RN t saL
%7.04 %00.12 00.000,001,052$ = RN t saL-erofeB
:YoY htworG lautcA %30.52- 00.000,007,602$ = RN t saL-erofeBB
%5.05 %00.95 00.000,007,572$ = RN t saL-erofeBBB
:YoY htworG suoiverP 00.000,004,371$ = RN t saL-erofeBBBB
%5.95 00.000,018,651$ = RN t saL-erofeBBBBB

rohlem ,ronem otnauQ = ph srnwO tit snI %

SOVITCA SEROTIRCSBUS / SATNOC ED ºN

:htworG stnuoccA
:YoY htworG dwF %00.001- = ccA ºn dwF
- %09.5 00.000,003,23 = ccA ºn t saL
:YoY htworG lautcA %18.4 00.000,005,03 = ccA ºn t saL-erofeB
%7.53 %83.7 00.000,001,92 = ccA ºn t saL-erofeBB
:YoY htworG suoiverP %78.31 00.000,001,72 = ccA ºn t saL-erofeBBB
%6.83 00.000,008,32 = ccA ºn t saL-erofeBBBB
00.000,000,22 = ccA ºn t saL-erofeBBBBB

SRUOH GNIMAERTS ED ºN
:htworG sruoH gnimaertS
:YoY htworG dwF %00.001- = HS ºn dwF
- %75.9 000,000,003,01 = HS ºn t saL
:YoY htworG lautcA %26.5 000,000,004,9 = HS ºn t saL-erofeB
%1.66 %29.12 000,000,009,8 = HS ºn t saL-erofeBB
:YoY htworG suoiverP %47.71 000,000,003,7 = HS ºn t saL-erofeBBB
%9.07 000,000,002,6 = HS ºn t saL-erofeBBBB
000,000,005,5 = HS ºn t saL-erofeBBBBB

)MTT( HTNOM EVLE WT GNILIART - )UPRA( RODAZILITU ROP AIDÉM ATIECER

:htworG UPRA
:YoY htworG dwF %00.001- = HS ºn dwF
- %22.7 85.22$ = HS ºn t saL
:YoY htworG lautcA %94.01 60.12$ = HS ºn t saL-erofeB
%2.03 %81.6 60.91$ = HS ºn t saL-erofeBB
:YoY htworG suoiverP %25.3 59.71$ = HS ºn t saL-erofeBBB
%9.62 43.71$ = HS ºn t saL-erofeBBBB
06.61$ = HS ºn t saL-erofeBBBBB

acifícep sE oãçailavA

ed sedadilibi s sop sam ,oc sir siam mi s sa macilpmI .rec san a oãt se - setnerefid etnemlatot oã s sa serpme sat sE
sod latnemadnuf e acincét oãçailava a raila oirá s secen é , soc sir so riunimid ratnet araP . seroiam otium sonroter
zart e s ,arodavoni é a serpme a e s rebecrep ed oditne s on mumoc o sne s e otnit sni ed siam oãçailava amu a soremún
e etnemlaicnenopxe rec serc arap megram met e s ,etnemaci saB .ovitom mugla rop avititepmoc é e s ,ovon ed ogla
ed sairánoirbme otium se saf me etnemlamron sa serpme sat se odnat sE .ratnerfne euq aicnerrocnoc leví s sop a recnev
e saf( "nrub-h sac" ed uo )odacrem on a serpme a ratnalpmi arap odavele omtir a mec serc sozíujerp( "gnibbarg-dnal"
ovitcejbo o , sozíujerp rad a aunitnoc adnia sam sa sep sed sa euq siam ribu s a maçemoc satiecer sa euq me roiret sop
.) sadavele D&I e gnitekram me sa sep sed - ridnapxe e odacrem ed atouq rahnag é

odavele oicógen od otnemicserC

04 sod argeR
) seõhlim( 39.062$ = )retrauQ t saL( selaS
) seõhlim( 04.371$ = ))retrauQ( erofeb raeY( selaS
) seõhlim( 01.77$ = ) sretrauQ 4 t saL gvA( FCF
%03 = satiecer sad % me FCF
%04 > %08 = laer otnemic serC

)NOITAMITSE DRA WROF( 04 sod argeR

) seõhlim( 00.883$ = )retrauQ dwF( selaS
) seõhlim( 07.572$ = ))retrauQ( erofeb raeY( selaS
) seõhlim( 01.77$ = ) sretrauQ 4 t saL gvA( FCF
%02 = satiecer sad % me FCF
%04 > %16 = laer otnemic serC
maicnetop euq sasepsed me etnemlaicnesse é ,ovitagen odnes ,FCF o es ,04 sod arger an ,rebecrep etnatropmi É
)cte ,odacrem ed otnemagrala ,D&I ,gnitekram( otnemicserc o

)EO( SIANOICAREPO SIATOT SOTSAG SOD % ME GNITEKRAM E D&R MOC SOTSAG

LATOT / )S&M + D&I( lanoicarepo ot seR )S&M + D&I(
!0/VID# = EO dwF
%97 78.92$ 61.511$ = E O t saL
%97 00.62$ 06.89$ = EO t saL-erofeB
%08 01.22$ 05.98$ = EO t saL-erofeBB
%08 02.12$ 06.58$ = EO t saL-erofeBBB
%87 08.91$ 00.17$ = EO t saL-erofeBBBB

etnemlairotirret es-ridnapxe a átse oicógen O

recserc arap oçapse met adniA
aled malaf seroditsevni e satsilana socuoP

?rednev odnauQ

aled rat safa a airavel son euq oliuqa ratne serper a açemoc a serpme a odnauq ednev e s etnemaci sab euq zid hcnyL
. somrarpmoc a ed zev me
sorcul sod otnemicserc oa oãçaler me raxiab a açemoc E/P o odnauQ
etnemlapicnirp ,ratnemua a raunitnoc sorcul sod otnemicserc o arap oçapse áh oãn áj euq ebecrep es odnauQ
.otla rof E/P o es
aserpme ad meas opot ed serotseg odnauQ