Professional Documents
Culture Documents
STATISTICAL TABLES
2018-2019
Published by
the Government of the Republic of Cameroon
the Food and Agriculture Organization of the United Nations
Yaoundé, 2022
P. 212
2
3
P. 212
2
TABLE OF CONTENTS
FOREWORD ......................................................................................................................3
TABLE OF CONTENTS......................................................................................................5
LIST OF TABLES................................................................................................................8
LIST OF ACRONYMS AND ABBREVIATIONS.................................................................18
CHAPTER I. GENERAL CHARACTERISTICS OF FARMS AND FARM MANAGERS..19
I.1. GENERAL CHARACTERISTICS OF AGROPASTORAL AND
AQUACULTURAL FARMS....................................................................20
I.1.1. Total Number of Agropastoral and Aquacultural ″Business″
Farms....................................................................................20
I.1.2. Legal Status............................................................................25
I.1.3. Year of Establishment and Actual Start...................................26
I.1.4. Bookkeeping............................................................................30
I.1.5. Participation in Local Development.........................................32
I.1.6. Site of Production....................................................................34
I.1.7. Energy Production...................................................................36
I.1.8. Sources of Financing ..............................................................38
I.1.9. Labour Force.......................................................................... 40
I.1.9.1. Labour Force Status.............................................................40
I.1.9.2. Volume of Labour Force.......................................................41
I.1.10. Size of Farms, Area of Farms................................................42
I.2. CHARACTERISTICS OF FARM MANAGERS......................................43
I.2.1. Sex of the Manager.................................................................43
I.2.2. Nationality of the Manager.......................................................44
I.2.3. Ages of Managers....................................................................47
I.2.4. Vocational Training................................................................. 49
I.3. CONSTRAINTS OF AGROPASTORAL AND QUACULTURAL
BUSINESSES.......................................................................................51
I.4. EQUIPMENT AND INFRASTRUCTURES OF AGROPASTORAL AND
AQUACULTURAL BUSINESSES..........................................................53
I.4.1. Machinery and Equipment.......................................................53
CHAPTER II. AGRICULTURAL ″BUSINESS″ FARMS 55
I.5. CHARACTERISTICS OF AGRICULTURAL FARMS.............................56
I.5.1. Number of Agricultural Farms..................................................56
I.5.2. Types of Crops Grown ...........................................................57
I.5.3. Techniques of Soil Conservation.............................................64
I.6. FARM MANAGEMENT..........................................................................66
I.6.1. Land Use.................................................................................66
I.6.1.1. Land Tenure .........................................................................66
I.6.1.2. Type of Land Tenure Security ........................................................67
I.6.2. Use of Seeds......................................................................................68
I.6.3. Use of Fertilizers................................................................................69
I.6.4. Use of Phytosanitary Products.........................................................71
I.6.5. Use of Animal Traction.....................................................................72
I.6.6. Mechanical Ploughing......................................................................73
I.6.7. Practice of Irrigation .........................................................................74
I .6.8. Farm equipment and infrastructure..................................................77
5
I.6.8.1. Machinery and Equipment ..............................................................77
I.6.8.2. Infrastructures..................................................................................81
I.7. SURFACE AREA, PRODUCTION, AND CROP YIELD........................82
I.7.1. Surface Area Cultivated......................................................................82
I.7.2. Production........................................................................................83
I.7.3. Main Destination of Production.........................................................88
I.8. CONSTRAINTS TO THE AGRICULTURAL ACTIVITIES OF
THE BUSINESS.....................................................................................90
CHAPTER III. LIVESTOCK ″BUSINESS″ FARMS............................................................91
I.9. CHARACTERISATION OF LIVESTOCK FARMS.................................92
I.10. LIVESTOCK ACTIVITIES OUT OF POULTRY FARMING...............93
I.10.1. Livestock Production........................................................................93
I.10.1.1. Cattle Rearing...............................................................................93
I.10.1.2. Sheep Rearing...............................................................................94
I.10.1.3. Goat Rearing ...............................................................................96
I.10.1.4. Pig Farming ..................................................................................97
I.10.1.5. HORSE, CAMEL AND DONKEY REARING.................................99
I.10.1.6. Unconventional Breeding..............................................................99
I.10.2. Rearing System..............................................................................100
I.10.3. Management of Animal Production Farms.....................................100
I.10.3.1. Surface Area of Livestock Buildings............................................100
I.10.3.2. Mode of Reproduction.................................................................103
I.10.3.3. Veterinary Services/Prophylaxis .................................................107
I.10.3.4. Feeding........................................................................................108
I.10.3.5. Equipment and Infrastructure......................................................111
I.10.3.6. Animal Traction............................................................................115
I.10.4. Production.......................................................................................116
I.10.4.1. Milk Production (QUANTITY PRODUCED).................................116
I.10.4.2. Main Destination of Production....................................................117
I.11. POULTRY FARMING......................................................................118
I.11.1. Modern Poultry Farming..................................................................118
I.11.1.1. Species Reared...........................................................................118
I.11.1.2. Management of the Farm............................................................118
I.11.2. OTHER POULTRY FARMING........................................................125
I.11.2.1. Accommodation Capacity and Number of Species Reared........125
I.11.2.2. Destination of Other Poultry.........................................................126
I.12. BEEKEEPING................................................................................127
I.12.1. Characteristics of Beekeeping ″Business″ Farms..........................127
I.12.2. By-Products....................................................................................128
I.12.3. QUANTITY OF HONEY LOST IN 2017.........................................129
I.13. CONSTRAINTS RELATED TO LIVESTOCK...............................................130
CHAPTER IV. AQUACULTURAL ″BUSINESS″ FARMS.................................................131
I.14. CHARACTERISTICS OF FARMS................................................................132
I.14.1. Number of Farms Involved.............................................................132
I.14.2. Promoter’s Legal Status and Nationality........................................133
I.14.3. Aquacultural Species Reared.........................................................134
I.14.4. Infrastructure and Accommodation Capacity..................................134
I.15. PRODUCTION OF AQUACULTURAL FARM......................................................137
6
I.16. CONSTRAINTS RELATED TO AQUACULTURE........................................138
APPENDICES ...............................................................................................................139
APPENDIX 1: PRODUCTION STAFF OF THE CORE MODULE, BUSINESS
COMPONENT 2018/2019..............................................................140
APPENDIX 2: BUSINESS QUESTIONNAIRE.....................................................144
7
LIST OF TABLES
8
development in a given field according to legal status......................................33
Table 27 Distribution of agropastoral and aquacultural ″business″ farms according
to area of participation.......................................................................................33
Table 28 Distribution of agricultural ″business″ farms by region according to number
of sites................................................................................................................34
Table 29 Distribution of agricultural ″business″ farms by region according to number
of sites.................................................................................................................34
Table 30 Distribution of livestock ″business″ farms by region according to number
of pastoral sites...................................................................................................35
Table 31 Distribution of aquacultural ″business″ farms by region according to number
of sites................................................................................................................35
Table 32 Distribution of agropastoral and aquacultural ″business″ farms by legal status
according to type of renewable energy production facilities...............................36
Table 33 Distribution of agropastoral ″business″ farms by type of renewable energy
production facilities according to region.............................................................36
Table 34 Distribution of agropastoral ″business″ farms by type of renewable energy
production facilities according to type of activity................................................37
Table 35 Distribution of agropastoral ″business″ farms by type of renewable energy
production facilities according to field of activity ................................................37
Table 36 Distribution of agropastoral ″business″ farms by source of financing and
according to region..............................................................................................38
Table 37 Distribution of agropastoral ″business″ farms by legal status according
to source of financing.........................................................................................38
Table 38 Distribution of agropastoral ″business″ farms by source of financing according
to field of activity.................................................................................................39
Table 39 Distribution of agropastoral ″business″ farms by source of financing according
to type of activity.................................................................................................39
Table 40 Distribution of labour force size in agropastoral and aquacultural ″business″
farms by region according to type.....................................................................40
Table 41 Distribution of labour size in agropastoral and aquacultural ″business″ farms
by legal status according to type.......................................................................40
Table 42 Distribution of agropastoral and aquacultural ″business″ farms by region
according to number of employees ..................................................................41
Table 43 Distribution of agropastoral and aquacultural ″business″ farms by number
of employees according to legal status..............................................................41
Table 44 Distribution of agropastoral ″business″ farms by region according to areas
of farms in class.................................................................................................42
Table 45 Average and total areas of ″business″ farms by type of activity.........................42
Table 46 Average, median and total areas of ″business″ farms by labour force class ....42
Table 47 Distribution of agropastoral and aquacultural ″business″ farms by region
according to the sex of the manager..................................................................43
Table 48 Distribution of agropastoral and aquacultural ″business″ farms by legal status
according to the sex of the manager.................................................................................43
Table 49 Distribution of agropastoral and aquacultural ″business″ farms by field
of activity according to the sex of the main manager........................................44
Table 50 Distribution of agropastoral and aquacultural ″business″ farms by type
of activity according to the sex of the main manager.........................................44
Table 51 Distribution of agropastoral and aquacultural ″business″ farms by region
9
according to the nationality of the main manager...............................................44
Table 52 Distribution of agropastoral and aquacultural ″business″ farms by field
of activity according to the nationality of the main manager...............................45
Table 53 Distribution of agropastoral and aquacultural ″business″ farms by type
of activity according to the sex of the main manager..........................................45
Table 54 Distribution of agropastoral and aquacultural ″business″ farms by legal
status according to the nationality of the main manager.....................................45
Table 55 Distribution of agropastoral and aquacultural ″business″ farms by area
of farm according to the nationality of the main manager..................................46
Table 56 Distribution of agropastoral and aquacultural ″business″ farms by duration
of activity according to the nationality of the manager.......................................46
Table 57 Distribution of agropastoral and aquacultural ″business″ farms by region
according to the age group of the main manager..............................................47
Table 58 Distribution of managers of agropastoral ″business″ farms by legal status
according to the age group.................................................................................47
Table 59 Distribution of agropastoral and aquacultural ″business″ farms by field
of activity according to the age group of the main manager...............................48
Table 60 Distribution of agropastoral and aquacultural ″business″ farms by type
of activity according to the age group of the main manager...............................48
Table 61 Average and median ages of managers of agropastoral and aquacultural
″business″ farms by region.................................................................................48
Table 62 Distribution of agropastoral ″business″ farms by region according to the type
of training of the main manager in agriculture/livestock.....................................49
Table 63 Distribution of agropastoral ″business″ farms by field of activity according
to the type of training of the main manager in agriculture/livestock....................49
Table 64 Distribution of agropastoral ″business″ farms by type of activity according
to the type of training of the main manager in agriculture/livestock....................50
Table 65 Distribution of agropastoral and aquacultural ″business″ farms by surface
area according to the type of training of the main manager
in agriculture/livestock............................................................................................50
Table 66 Distribution of agricultural ″business″ farms by type of difficulty and
by region............................................................................................................51
Table 67 Distribution of agricultural ″business″ farms by type of difficulty and by legal
status..................................................................................................................51
Table 68 Distribution of agricultural ″business″ farms by type of difficulty and by field
of activity..............................................................................................................52
Table 69 Distribution of agricultural ″business″ farms by type of difficulty and by type
of activity.............................................................................................................52
Table 70 Distribution (%) of agropastoral and aquacultural ″business″ farms using
farm equipment according to acquisition mode.................................................53
Table 71 Distribution of agropastoral and aquacultural ″business″ farms using
reproduction equipment according to acquisition mode.....................................53
Table 72 Distribution of agropastoral and aquacultural ″business″ farms using
treatment equipment according to acquisition mode ........................................54
Table 73 Distribution of agropastoral and aquacultural ″business″ farms using
rolling stocks and other machinery according to acquisition mode.....................54
Table 74 Number of agricultural ″business″ farms by region according to activity
carried out...........................................................................................................56
10
Table 75 Number of agricultural ″business″ farms by legal status according to activity
carried out.............................................................................................................56
Table 76 Distribution of agricultural ″business″ farms by region according to crop
group..................................................................................................................57
Table 77 Distribution of agricultural ″business″ farms by legal status according
to crop group.........................................................................................................57
Table 78 Distribution of agricultural ″business″ farms by type of cereal species grown
according to region............................................................................................58
Table 79 Distribution of agricultural ″business″ farms by type of cereal species
according to legal status...................................................................................58
Table 80 Distribution of agricultural ″business″ farms by type of roots and tubers
grown according to region..................................................................................59
Table 81 Distribution of agricultural ″business″ farms by type of roots and tubers
grown according to legal status...........................................................................59
Table 82 Distribution of agricultural ″business″ farms by type of fruit crops grown
according to region.............................................................................................60
Table 83 Distribution of agricultural ″business″ farms by type of fruit crops grown
according to legal status.....................................................................................60
Table 84 Distribution of agricultural ″business″ farms by type of perennial crops
grown according to region..................................................................................61
Table 85 Distribution of agricultural ″business″ farms by type of perennial crops
grown according to legal status..........................................................................61
Table 86 Distribution of agricultural ″business″ farms by type of oilseed and legume
crops grown according to region ........................................................................62
Table 87 Distribution of agricultural ″business″ farms by type of oilseed and legume
crops grown according to legal status.................................................................62
Table 88 Distribution of agricultural ″business″ farms by type of vegetable crops and
mushrooms grown according to region..............................................................63
Table 89 Distribution of agricultural ″business″ farms by type of vegetable crops and
mushrooms grown according to legal status.....................................................63
Table 90 Distribution of agricultural ″business″ farms using a technique of soil
conservation according to region........................................................................64
Table 91 Distribution of agricultural “business” farms using a technique of soil
conservation according to legal status...............................................................64
Table 92 Distribution of agricultural ″business″ farms by production technique
according to cereal species grown........................................................................65
Table 93 Distribution of agricultural ″business″ farms by production technique
according to roots and tubers grown.................................................................65
Table 94 Distribution of agricultural ″business″ farms by legal status according
to land tenure method.......................................................................................66
Table 95 Distribution of agricultural ″business″ farms by region according to land
tenure method...................................................................................................66
Table 96 Distribution of agricultural ″business″ farm with a specific type of land
tenure security on farm land by region...............................................................67
Table 97 Distribution of agricultural «business” farms with a specific type of land
tenure security element on farm land by legal status........................................67
Table 98 Distribution of agricultural businesses by type of seed used according
to region.............................................................................................................68
Table 99 Quantity of seeds used by crop ........................................................................68
11
Table 100 Distribution of agricultural ″business″ farms producing cereals according
to type of fertilizers used...................................................................................69
Table 101 Distribution of agricultural ″business″ farms by region according to type
of fertilizers used................................................................................................70
Table 102 Distribution of agricultural ″business″ farms by legal status according
to type of fertilizers...........................................................................................70
Table 103 Distribution of agricultural ″business″ farms according to use of
phytosanitary products......................................................................................71
Table 104 Distribution of agricultural ″business″ farms by region according to type
of phytosanitary products used........................................................................71
Table 105 Distribution of agricultural ″business″ farms by legal status according
to type of phytosanitary products used............................................................72
Table 106 Average quantity of phytosanitary products used in 2017 by agricultural
businesses according to type of phytosanitary products..................................72
Table 107 Distribution of agropastoral and aquacultural ″business″ farms using
animal traction by region................................................................................72
Table 108 Distribution of agricultural “business” farms using traction animal by legal
status .............................................................................................................73
Table 109 Distribution of agricultural “business” farms using traction animal by type
of activity.........................................................................................................73
Table 110 Surface area cultivated by tractor and by region..............................................73
Table 111 Number of tractors by agropastoral and aquacultural ″business″ farms...........74
Table 112 Distribution of agricultural ″business″ farms practising irrigation by region......74
Table 113 Distribution (%) of agricultural ″business″ farms practising a type of irrigation
by region............................................................................................................75
Table 114 Distribution of agricultural ″business″ farms practising a given type of
irrigation by legal status...................................................................................75
Table 115 Distribution of agricultural ″business″ farms practising irrigation according
to water source by region..................................................................................76
Table 116 Distribution of agricultural ″business″ farms practising irrigation according
to water source by legal status........................................................................76
Table 117 Distribution of agricultural ″business″ farms using tractors, vehicles and
other rolling stocks...........................................................................................77
Table 118 Distribution of agricultural ″business″ farms using tractors, vehicles
and other rolling stocks by legal status............................................................77
Table 119 Distribution of agricultural ″business″ farms by region according to type
of agricultural processing equipment ..............................................................78
Table 120 Distribution of agricultural ″business″ farms by legal status by type of
agricultural processing equipment....................................................................78
Table 121 Distribution of agricultural ″business″ farms by region according to type
of agricultural equipment..................................................................................79
Table 122 Distribution of agricultural ″business″ farms by legal status according
to type of agricultural equipment......................................................................79
Table 123 Distribution of agricultural ″business″ farms by legal status according
to other types of agricultural equipment............................................................80
Table 124 Distribution of agricultural ″business″ farms by legal status according
to other types of agricultural equipment...........................................................80
Table 125 Distribution of agropastoral ″business″ farms by region according to type
12
of infrastructure................................................................................................81
Table 126 Distribution of agropastoral ″business″ farms by legal status according
to type of infrastructure.....................................................................................81
Table 127 Surface area (in ha) cultivated in 2017 by region.............................................82
Table 128 Surface area (in ha) cultivated in 2017 by ″business″ farms (except for
seed producers) in class by region..................................................................82
Table 129 Surface area cultivated in (ha) in 2017 by crop group and by region..............83
Table 130 Production of cereals and quantity processed following the surface area
harvested in 2017............................................................................................83
Table 131 Production of cereals (tonnes) by region of agricultural ″business″ farms
in 2017.............................................................................................................84
Table 132 Surface area, production and processed quantity of legumes and oilseeds
in 2017............................................................................................................84
Table 133 Production of legumes and oilseeds by region of agricultural ″business″ farms
in 2017..............................................................................................................................84
Table 134 Surface area, production, and processed quantity of roots and tubers...........85
Table 135 Production of roots and tubers (tonnes) by region of agricultural ″business″
farms in 2017....................................................................................................85
Table 136 Surface area, production, and processed quantity of vegetable crops............85
Table 137 Production of vegetable crops (tons) by region of agricultural ″business″
farms in 2017...................................................................................................86
Table 138 Surface area, production, and processed quantity of fruit crops......................86
Table 139 Production of fruit crops (tonnes) according to region of agricultural
″business″ farms in 2017.................................................................................86
Table 140 Surface area, production, and processed quantity of perennial/industrial
crops................................................................................................................87
Table 141 Production of industrial and export crops (tonnes) by region of agricultural
″business″ farms in 2017.................................................................................87
Table 142 Distribution of agricultural ″business″ farms by main destination of cereal
production........................................................................................................88
Table 143 Distribution of agricultural ″business″ farms by main destination of oilseeds
production.........................................................................................................88
Table 144 Distribution of agricultural ″business″ farms by main destination of roots
and tubers production.......................................................................................88
Table 145 Distribution of agricultural ″business″ farms by main destination of vegetable
crops production...............................................................................................89
Table 146 Distribution of agricultural ″business″ farms by main destination of fruit
crops production...............................................................................................89
Table 147 Distribution of agricultural ″business″ farms by main destination of industrial
crops production...............................................................................................89
Table 148 Distribution of agropastoral businesses by region according to a given type
of difficulty.......................................................................................................90
Table 149 Distribution of agropastoral businesses by region according to a given type
of difficulty........................................................................................................90
Table 150 Distribution of livestock ″business″ farms by region according to species
reared...............................................................................................................92
Table 151 Distribution of livestock ″business″ farms by legal status according to type
of livestock........................................................................................................92
13
Table 152 Distribution of livestock ″business″ farms by region according to cattle
herd size.........................................................................................................93
Table 153 Distribution of livestock ″business″ farms by legal status according to
cattle herd size.................................................................................................93
Table 154 Number of cattle found in livestock «business” farms by region and by sex...94
Table 155 Distribution of livestock ″business″ farms by region according to sheep
herd size in head class ....................................................................................94
Table 156 Distribution of livestock ″business″ farms by legal status according to sheep
herd size .........................................................................................................95
Table 157 Number of sheep found in livestock ″business″ farms by region and by sex...95
Table 158 Distribution of livestock ″business″ farms by region according to goat herd
size in head class.............................................................................................96
Table 159 Distribution of livestock ″business″ farms by legal status according to goat
herd size in head class.....................................................................................96
Table 160 Number of goats found in livestock ″business″ farms by region and by sex ...97
Table 161 Distribution of livestock ″business″ farms by region according to pig herd
size in head class.............................................................................................97
Table 162 Distribution of livestock ″business″ farms by legal status according to pig
herd size in head class ....................................................................................98
Table 163 Number of pigs found in livestock “business” farms by region and by sex .....98
Table 164 Distribution of pastoral ″business″ farms by number of horses, camels and
donkeys found during visit by region................................................................99
Table 165 Number of unconventional species found in ″business″ farms by region........99
Table 166 Distribution of livestock ″business″ farms by species according to main
rearing system................................................................................................100
Table 167 Distribution of agricultural ″business″ farms with at least one livestock
building by legal status...................................................................................100
Table 168 Distribution of livestock ″business″ farms with at least one livestock building
by region........................................................................................................101
Table 169 Surface areas (in m2) of livestock buildings on livestock ″business″ farms
by legal status..................................................................................................101
Table 170 Distribution of livestock ″business″ farms by species reared according to
livestock building surface area......................................................................102
Table 171 Distribution of livestock ″business″ farms practising unconventional breeding
according to livestock building surface area .................................................102
Table 172 Livestock building surface area by species....................................................102
Table 173 Distribution of livestock ″business″ farms by species reared according to
mode of reproduction.....................................................................................103
Table 174 Distribution of livestock ″business″ farms by legal status according to mode
of reproduction for cattle species...................................................................103
Table 175 Distribution of livestock ″business″ farms by legal status according to mode
of reproduction for goat species.....................................................................103
Table 176 Distribution of livestock ″business″ farms by legal status according to mode
of reproduction for goats................................................................................104
Table 177 Distribution of livestock ″business″ farms by legal status according to mode
of reproduction for species.............................................................................104
Table 178 Distribution of livestock “business” farms rearing unconventional species
by species for mode of reproduction..............................................................104
14
Table 179 Distribution of livestock ″business″ farms practising calving by region..........105
Table 180 Distribution of livestock ″business″ farms practising calving by legal status..105
Table 181 Distribution of livestock ″business″ farms practising genetic improvement
by region.......................................................................................................106
Table 182 Distribution of livestock ″business″ farms practising genetic improvement
by legal status................................................................................................106
Table 183 Distribution of animal production ″business″ farms according to method of
genetic improvement by region.....................................................................107
Table 184 Distribution of animal production ″business″ farms using veterinary services
by species......................................................................................................107
Table 185 Distribution of ″business″ farms practising unconventional livestock using
veterinary services by species reared............................................................108
Table 186 Distribution of pastoral ″business″ farms using vaccines or drugs by region.108
Table 187 Distribution of animal production ″business″ farms practising fattening
by region.......................................................................................................109
Table 188 Distribution of pastoral ″business″ farms by species fattened by region........109
Table 189 Distribution of businesses practising forms of feed conservation by region...110
Table 190 Distribution of businesses practising forms of feed conservation by legal
status..............................................................................................................110
Table 191 Distribution of animal production ″business″ farms by region according to use
of feed additives..............................................................................................110
Table 192 Distribution of livestock ″business″ farms using feed additives by legal
status...............................................................................................................111
Table 193 Distribution of animal production ″business″ farms by type of feed additives
according to region.........................................................................................111
Table 194 Distribution of livestock ″business″ farms using livestock equipment by
region..............................................................................................................112
Table 195 Distribution of livestock ″business″ farms using livestock equipment by legal
status.............................................................................................................112
Table 196 Distribution of livestock ″business″ farms using livestock equipment by
region..............................................................................................................113
Table 197 Distribution of livestock ″business″ farms using livestock equipment by legal
status..............................................................................................................113
Table 198 Distribution of livestock ″business″ farms using general-purpose equipment
by region........................................................................................................114
Table 199 Distribution of livestock ″business″ farms using general-purpose equipment
by legal status................................................................................................114
Table 200 Distribution of livestock ″business″ farms using equipment by region............115
Table 201 Distribution of livestock ″business″ farms using equipment by legal status...115
Table 202 Number of draught animals by region............................................................115
Table 203 Distribution of draught animals by legal status...............................................116
Table 204 Distribution of livestock ″business″ farms producing milk by legal status ......116
Table 205 Quantities of milk produced in 2017 by region in livestock ″business″ farms.118
Table 206 Distribution of livestock ″business″ farms by species reared by destination
of production...................................................................................................118
Table 207 Distribution of livestock ″business″ farms by region according to type of
poultry raised..................................................................................................118
Table 208 Distribution of pastoral ″business″ farms producing feed by region and place
15
of residence...................................................................................................119
Table 209 Accommodation capacity of livestock ″business″ farms by region according
to poultry species ...........................................................................................119
Table 210 Distribution of poultry ″business″ farms by accommodation capacity
according to species.......................................................................................119
Table 211 Distribution of poultry ″business″ farms by accommodation capacity
(number of heads) of broilers.........................................................................120
Table 212 Distribution of poultry ″business″ farms by accommodation capacity
(number of heads) of laying hens...................................................................120
Table 213 Distribution of poultry ″business″ farms by accommodation capacity
(number of heads) of parent stocks................................................................121
Table 214 Distribution of poultry ″business″ farms by accommodation capacity
(number of heads) of turkeys..........................................................................121
Table 215 Number of spent fowls in the past 12 months by region according
to species........................................................................................................121
Table 216 Total number of poultry raised in 2017 by region according to species.........122
Table 217 Distribution of livestock ″business″ farms by species in head class...............122
Table 218 Distribution of poultry ″business″ farms by number of heads of broilers........123
Table 219 Distribution of poultry ″business″ farms by number of heads of turkeys........123
Table 220 Distribution of poultry ″business″ farms by number of heads of laying hens.123
Table 221 Distribution of poultry ″business″ farms by number of heads of parent
stocks.............................................................................................................124
Table 222 Total production of eggs and chicks by region according to poultry species.124
Table 223 Distribution of poultry ″business″ farms by species reared according to
destination of production................................................................................125
Table 224 Distribution of livestock ″business″ farms by region according to other
poultry species...............................................................................................125
Table 225 Number of other poultry by region ................................................................126
Table 226 Distribution of poultry ″business″ farms by other poultry species according
to destination of production............................................................................126
Table 227 Distribution of pastoral farms by type of beekeeping practised according
to region..........................................................................................................127
Table 228 Distribution of pastoral ″business″ farms by type of beekeeping practised
according to legal status.................................................................................127
Table 229 Number of bee hives by type of bee hives and by region..............................128
Table 230 Production of beekeeping by-products according to region and type
of product ......................................................................................................128
Table 231 Quantity of honey produced and lost by region.............................................129
Table 232 Distribution of agropastoral businesses by region according to a given
type of natural constraint.................................................................................130
Table 233 Distribution of agropastoral businesses by region according to a given
type of technical difficulty................................................................................130
Table 234 Distribution of aquacultural ″business″ farms by region according to
the number of sites.........................................................................................132
Table 235 Distribution of aquacultural ″business″ farms by legal status.........................132
Table 236 Distribution of aquacultural ″business″ farms by legal status.........................133
Table 237 Distribution of aquacultural ″business″ farms by region according to
the nationality of the promoter .......................................................................133
16
Table 238 Distribution of aquacultural ″business″ farms by region according to
species reared ...............................................................................................134
Table 239 Distribution of aquacultural ″business″ farms by region according to type
of livestock infrastructure...............................................................................134
Table 240 Distribution of aquacultural ″business″ farms by legal status according
to type of infrastructure...................................................................................135
Table 241 Distribution of aquacultural ″business″ farms by region according to type of
equipment......................................................................................................135
Table 242 Accommodation capacity for livestock infrastructure of aquacultural
″business″ farms by region............................................................................136
Table 243 Production of fish and fingerlings by region in 2017......................................137
Table 244 Production of fish and fingerlings according to the nationality of the promoter
by region in 2017...........................................................................................137
Table 245 Production of fish and fingerlings by legal status of the business in 2017.....137
Table 246 Distribution of agropastoral businesses by region according to difficulty
encountered....................................................................................................138
Table 247 Distribution of agropastoral businesses by region according to difficulty
encountered (cont’d).......................................................................................138
17
/,672)$&521<06$1'$%%5(9,$7,216
WK*3+& )RXUWK*HQHUDO3RSXODWLRQDQG+RXVLQJ&HQVXV
$I'% $IULFDQ'HYHORSPHQW%DQN
&$$'3 &RPSUHKHQVLYH$IULFD$JULFXOWXUH'HYHORSPHQW3URJUDPPH
&,* &RPPRQ,QLWLDWLYH*URXS
&223&$ &RRSHUDWLYH6RFLHW\ZLWK%RDUGRI'LUHFWRUV
(,* (FRQRPLF,QWHUHVW*URXSLQJ
(3$ 3XEOLF$GPLQLVWUDWLYH(VWDEOLVKPHQW
(76 (VWDEOLVKPHQW
)$2 )RRGDQG$JULFXOWXUH2UJDQL]DWLRQRIWKH8QLWHG1DWLRQV
*&$/ *HQHUDO&HQVXVRI$JULFXOWXUHDQG/LYHVWRFN
*'3 *URVV'RPHVWLF3URGXFW
*(63 *URZWKDQG(PSOR\PHQW6WUDWHJ\3DSHU
1,6 1DWLRQDO,QVWLWXWHRI6WDWLVWLFV
.J .LORJUDPPH
//& /LPLWHG/LDELOLW\&RPSDQ\
0), 0LFURILQDQFH,QVWLWXWLRQ
0,1$'(5 0LQLVWU\RI$JULFXOWXUHDQG5XUDO'HYHORSPHQW
0,1(3$7 0LQLVWU\RIWKH(FRQRP\3ODQQLQJDQG5HJLRQDO'HYHORSPHQW
0,1(3,$ 0LQLVWU\RI/LYHVWRFN)LVKHULHVDQG$QLPDO,QGXVWULHV
1' 1RQ'HWHUPLQHG
17& 1DWLRQDO7HFKQLFDO&RPPLWWHH
366$5 6WUDWHJLF3ODQIRUWKH,PSURYHPHQWRI$JULFXOWXUDODQG5XUDO6WDWLVWLFV
2'$ 2IILFLDO'HYHORSPHQW$VVLVWDQFH
0), 0LFURILQDQFH,QVWLWXWLRQ
1$,3 1DWLRQDO$JULFXOWXUDO,QYHVWPHQW3ODQ
3/& 3XEOLF/LPLWHG&RPSDQ\
32 3URGXFHUV¶2UJDQL]DWLRQ
56'6 5XUDO6HFWRU'HYHORSPHQW6WUDWHJ\
6&2236 6LPSOLILHG&RRSHUDWLYH6RFLHW\
6'* 6XVWDLQDEOH'HYHORSPHQW*RDOV
60$6$5 *OREDO6WUDWHJ\IRU,PSURYLQJ$JULFXOWXUDODQG5XUDO6WDWLVWLFV
60//& /LPLWHG/LDELOLW\&RPSDQ\ZLWK2QH3HUVRQ
60//& 6LQJOHPHPEHU/LPLWHG/LDELOLW\&RPSDQ\
63 6ROH3URSULHWRUVKLS
63,6$ 6\VWqPH3HUPDQHQWHW,QWpJUpGHV6WDWLVWLTXHV$JURSDVWRUDOHV
:&$ :RUOG3URJUDPPHIRUWKH&HQVXVRI$JULFXOWXUH
[Y
18
CHAPTER I.
GENERAL CHARACTERISTICS
OF FARMS AND FARM MANAGERS
19
, *(1(5$/&+$5$&7(5,67,&62)$*523$6725$/
$1'$48$&8/785$/)$506
, 7RWDO1XPEHURI$JURSDVWRUDODQG$TXDFXOWXUDOƏ%XVLQHVVƏ)DUPV
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\UHJLRQ
5HJLRQ 1XPEHURIEXVLQHVVHV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRVHFWRURIDFWLYLW\
%XVLQHVVHV 1XPEHURIIDUPVE\DJURSDVWRUDOILHOGRIDFWLYLW\
5HJLRQ
HQXPHUDWHG $JULFXOWXUH /LYHVWRFN $TXDFXOWXUH
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
20
7DEOH 'LVWULEXWLRQ RI ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR DJURSDVWRUDO DQG
DTXDFXOWXUDODFWLYLWLHVFDUULHGRXW
$JURSDVWRUDOILHOGRIDFWLYLW\
3XUH$JULFXOWXUH
$JULFXOWXUHDQG
$JULFXOWXUHDQG
3XUH/LYHVWRFN
/LYHVWRFNDQG
/LYHVWRFNDQG
$TXDFXOWXUH
$TXDFXOWXUH
$TXDFXOWXUH
$TXDFXOWXUH
$JULFXOWXUH
/LYHVWRFN
5HJLRQ 7RWDO
3XUH
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DQG E\ GLYLVLRQ DFFRUGLQJ WR
DJURSDVWRUDODQGDTXDFXOWXUDODFWLYLWLHVFDUULHGRXW
$JURSDVWRUDOILHOGRIDFWLYLW\
3XUH$TXDFXOWXUH
3XUH$JULFXOWXUH
$JULFXOWXUHDQG
$JULFXOWXUHDQG
3XUH/LYHVWRFN
/LYHVWRFNDQG
/LYHVWRFNDQG
$TXDFXOWXUH
$TXDFXOWXUH
$TXDFXOWXUH
$JULFXOWXUH
/LYHVWRFN
)$52(7'(2
0$<2%$1<2
$'$0$:$ 0%(5(
9,1$
7RWDO
+$87(6$1$*$
/(.,(
0)281',
&(175( 1<21*(7.(//(
1<21*(70)28028
1<21*(762 2
7RWDO
21
$JURSDVWRUDOILHOGRIDFWLYLW\
3XUH$TXDFXOWXUH
3XUH$JULFXOWXUH
$JULFXOWXUHDQG
$JULFXOWXUHDQG
3XUH/LYHVWRFN
/LYHVWRFNDQG
/LYHVWRFNDQG
$TXDFXOWXUH
$TXDFXOWXUH
$TXDFXOWXUH
$JULFXOWXUH
/LYHVWRFN
5HJLRQ 'LYLVLRQ 7RWDO
%280%$(71*2.2
+$871<21*
($67
/20(7'-(5(0
7RWDO
',$0$5(
0$<2'$1$<
)$51257+ 0$<2.$1,
0$<276$1$*$
7RWDO
0281*2
1.$0
/,7725$/ 6$1$*$0$5,7,0(
:285,
7RWDO
%(128(
1257+ 0$<2/287,
7RWDO
%8,
1257+:(67 0(=$0
7RWDO
'-$(7/2%2
09,/$
6287+
2&($1
7RWDO
)$.2
6287+:(67 1',$1
7RWDO
%$0%28726
+$871.$0
+$8763/$7($8;
.281*.+,
:(67 0(128$
0,),
1'(
1281
7RWDO
*UDQGWRWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
22
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDOƏEXVLQHVVƏIDUPVDFFRUGLQJWRPDLQDFWLYLW\
0DLQDFWLYLW\RIWKHEXVLQHVV
2WKHU$FWLYLWLHV
)RGGHUFURSV
$TXDFXOWXUH
%HHNHHSLQJ
3URFHVVLQJ
$JULFXOWXUH
/LYHVWRFN
6HHGV
5HJLRQ
7RWDO
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
23
7DEOH 'LVWULEXWLRQRIƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRW\SHRIVXEVLGLDU\DFWLYLW\
5HJLRQ
6XEVLGLDU\DFWLYLWLHV
6RXWK:HVW
1RUWK:HVW
$GDPDZD
)DU1RUWK
/LWWRUDO
&HQWUH
6RXWK
1RUWK
:HVW
7RWDO
(DVW
%XVLQHVVHVHQXPHUDWHG
$JULFXOWXUH
3URGXFWLRQRIDJULFXOWXUDOVHHGV
)RGGHUFURSV
/LYHVWRFN
3URFHVVLQJ
)RUHVWU\
$TXDFXOWXUH
6DOHRIIHUWLOL]HUV
6DOHRISK\WRVDQLWDU\SURGXFWV
6DOHRIDJULFXOWXUDOSURGXFWV
6DOHRISODQWPDWHULDOVHHG
6DOHRIDJULFXOWXUDOPDWHULDODQG
HTXLSPHQW
7UDQVSRUWDWLRQ
3XEOLF$GPLQLVWUDWLRQ
%HHNHHSLQJ
6DOHRIYHWHULQDU\SURGXFWV
6DOHRIDQLPDOIHHGV
2WKHUV
7UDLQLQJDQG6XSHUYLVLRQ
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
24
, /HJDO6WDWXV
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ
DFFRUGLQJWROHJDOVWDWXV
/HJDO6WDWXV
6LQJOHPHPEHU/LPLWHG
&RPSDQ\(VWDEOLVKPH
6ROH3URSULHWRUVKLS
&RPSDQ\ 60//&
(FRQRPLF,QWHUHVW
/LPLWHG/LDELOLW\
&RPSDQ\ 3/&
&RPSDQ\ //&
*URXSLQJ (,*
6&2236&,*
3XEOLF/LPLWHG
5HJLRQ
&RRS&$
/LDELOLW\
2WKHUV
3XEOLF
7RWDO
W
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIƏEXVLQHVVƏIDUPVE\ILHOGRIDFWLYLW\DFFRUGLQJWROHJDOVWDWXV
/HJDO6WDWXV
&RPSDQ\(VWDEOLVKP
6&2236&,*
&RRS&$
$JURSDVWRUDOILHOGRI
60//&
3XEOLF
2WKHU
7RWDO
3/&
//&
(,*
DFWLYLW\
63
HQW
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
25
7DEOH 'LVWULEXWLRQRIƏEXVLQHVVƏIDUPVE\W\SHRIDFWLYLW\DFFRUGLQJWROHJDOVWDWXV
/HJDO6WDWXV
&RPSDQ\(VWDEOLVK
6&2236,&,*
&223&$
$JURSDVWRUDOW\SHRI
60//&
2WKHUV
3XEOLF
PHQW
7RWDO
3/&
//&
(,*
DFWLYLW\
63
$JULFXOWXUHDQG$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH/LYHVWRFN
$TXDFXOWXUH
3XUH$JULFXOWXUH
3XUH$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
3XUH/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, <HDURI(VWDEOLVKPHQWDQG$FWXDO6WDUW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ
DFFRUGLQJWROHQJWKRIH[LVWHQFH
/HQJWKRIH[LVWHQFHRIWKHEXVLQHVV IRUPDOLVDWLRQRIWKHEXVLQHVV
5HJLRQ /HVVWKDQRQH WR WR WR \HDUVDQG
7RWDO
\HDU \HDUV \HDUV \HDUV PRUH
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
26
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\ILHOGRIDFWLYLW\
DFFRUGLQJWROHQJWKRIH[LVWHQFH
/HQJWKRIH[LVWHQFHRIWKHEXVLQHVV IRUPDOLVDWLRQRIWKHEXVLQHVV
/HVVWKDQRQH WR WR WR \HDUVDQG 7RWDO
)LHOGRIDFWLYLW\
\HDU \HDUV \HDUV \HDUV PRUH
1XPEHU 1XPEHU 1XPEHU 1XPEHU 1XPEHU 1XPEHU
$JULFXOWXUH
/LYHVWRFN
$TXDFXOWXUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIDFWLYLW\
DFFRUGLQJWROHQJWKRIH[LVWHQFH
/HQJWKRIH[LVWHQFHRIWKHEXVLQHVV
7\SHRIDFWLYLW\ /HVVWKDQRQH WR WR WR \HDUVDQG
7RWDO
\HDU \HDUV \HDUV \HDUV PRUH
3XUH$JULFXOWXUH
3XUH/LYHVWRFN
3XUH$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$TXDFXOWXUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH $YHUDJH0HGLDQ$JHRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\UHJLRQ
5HJLRQ $YHUDJH$JH 0HGLDQ$JH
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
27
7DEOH $YHUDJH0HGLDQDJHRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\OHJDO
VWDWXV
/HJDOVWDWXV $YHUDJH$JH 0HGLDQ$JH
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH $YHUDJH0HGLDQDJHRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\ILHOGRI
DFWLYLW\
)LHOGRIDFWLYLW\ $YHUDJH$JH 0HGLDQ$JH
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ
DFFRUGLQJWRGXUDWLRQRIDFWLYLW\
'XUDWLRQRIDFWLYLW\RIWKHEXVLQHVV VWDUWRIDFWLYLWLHV
5HJLRQ /HVVWKDQRQH WR WR WR \HDUVDQG
7RWDO
\HDU \HDUV \HDUV \HDUV PRUH
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
28
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIDFWLYLW\
DFFRUGLQJWRGXUDWLRQRIDFWLYLW\
'XUDWLRQRIDFWLYLW\RIWKHEXVLQHVV VWDUWRIDFWLYLWLHV
7\SHRIDFWLYLW\ /HVVWKDQRQH WR WR WR \HDUVDQG
7RWDO
\HDU \HDUV \HDUV \HDUV PRUH
3XUH$JULFXOWXUH
3XUH/LYHVWRFN
3XUH$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$TXDFXOWXUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\ILHOGRIDFWLYLW\
DFFRUGLQJWRGXUDWLRQRIDFWLYLW\
'XUDWLRQRIDFWLYLW\RIWKHEXVLQHVV VWDUWRIDFWLYLWLHV
)LHOGRIDFWLYLW\/HVVWKDQRQH WR WR WR \HDUVDQG
7RWDO
\HDU \HDUV \HDUV \HDUV PRUH
$JULFXOWXUH
/LYHVWRFN
$TXDFXOWXUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVDFFRUGLQJWR\HDU
RIHVWDEOLVKPHQWDQGDFWXDOVWDUW
<HDURIHVWDEOLVKPHQW <HDURIDFWXDOVWDUW
<HDUUDQJH
1XPEHU 1XPEHU
/HVVWKDQRQH\HDU
WR\HDUV
WR\HDUV
WR\HDUV
\HDUVDQGPRUH
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
29
7DEOH 7RWDODUHDRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVDFFRUGLQJWROHJDO
VWDWXV
7RWDODUHDRIWKHIDUP
/HJDOVWDWXV 1XPEHURIIDUPV
KD
6ROH3URSULHWRUVKLS 63
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, %RRNNHHSLQJ
7DEOH 'LVWULEXWLRQ E\ UHJLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV
DFFRUGLQJWRZKHWKHUWKH\SUDFWLVHZULWWHQERRNNHHSLQJRUQRW
:ULWWHQERRNNHHSLQJ
5HJLRQ
<HV 1R 7RWDO
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
30
7DEOH 'LVWULEXWLRQ E\ OHJDO VWDWXV RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV
DFFRUGLQJWRZKHWKHUWKH\SUDFWLVHZULWWHQERRNNHHSLQJRUQRW
)RUPDOERRNNHHSLQJ
/HJDO6WDWXV
7RWDO <HV 1R
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQE\W\SHRIDFWLYLW\RIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPV
DFFRUGLQJWRZKHWKHUWKH\SUDFWLVHZULWWHQERRNNHHSLQJRUQRW
:ULWWHQERRNNHHSLQJ
7\SHRIDFWLYLW\
7RWDO <HV 1R
3XUH$JULFXOWXUH
3XUH/LYHVWRFN
3XUH$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN$TXDFXOWXUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
31
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO IDUPV E\ UHJLRQ SUDFWLVLQJ IRUPDO
ERRNNHHSLQJDFFRUGLQJWRILHOGRIDFWLYLW\
1XPEHURI $JURSDVWRUDOILHOGRIDFWLYLW\
EXVLQHVVHV
5HJLRQ
SUDFWLVLQJZULWWHQ $JULFXOWXUH /LYHVWRFN $TXDFXOWXUH
ERRNNHHSLQJ
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 3DUWLFLSDWLRQLQ/RFDO'HYHORSPHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOIDUPVE\UHJLRQDFFRUGLQJWRDUHDRI
SDUWLFLSDWLRQ
$UHDRISDUWLFLSDWLRQLQORFDOGHYHORSPHQW
DZDUHQHVVUDLVLQJ
FRQVWUXFWLRQDQG
*LIWGLVWULEXWLRQ
'HYHORSPHQWRI
&RQVWUXFWLRQRI
&RQVWUXFWLRQRI
EXVLQHVVHV
KHDOWKFHQWUHV
1XPEHURI
:DWHUVXSSO\
GHYHORSPHQW
DJURSDVWRUDO
7UDLQLQJDQG
DUHDVODQGV
FDPSDLJQ
SDVWXUHV
VFKRROV
5HJLRQ
1RQH
5RDG
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
32
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDOEXVLQHVVHVKDYLQJSDUWLFLSDWHGLQORFDOGHYHORSPHQW
LQDJLYHQILHOGDFFRUGLQJWROHJDOVWDWXV
$UHDRISDUWLFLSDWLRQ
1XPEHURIEXVLQHVVHV
DJURSDVWRUDODUHDV
5RDGFRQVWUXFWLRQ
DZDUHQHVVUDLVLQJ
DQGGHYHORSPHQW
*LIWGLVWULEXWLRQ
'HYHORSPHQWRI
&RQVWUXFWLRQRI
&RQVWUXFWLRQRI
ODQGVSDVWXUHV
KHDOWKFHQWUHV
:DWHUVXSSO\
7UDLQLQJDQG
FDPSDLJQ
VFKRROV
/HJDOVWDWXV
1RQH
63
60//&
//&
3/&
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVDFFRUGLQJWRDUHD
RISDUWLFLSDWLRQ
$UHDRISDUWLFLSDWLRQLQORFDOGHYHORSPHQW
1XPEHURIEXVLQHVVHV
DJURSDVWRUDODUHDV
5RDGFRQVWUXFWLRQ
DZDUHQHVVUDLVLQJ
DQGGHYHORSPHQW
*LIWGLVWULEXWLRQ
'HYHORSPHQWRI
&RQVWUXFWLRQRI
&RQVWUXFWLRQRI
ODQGVSDVWXUHV
KHDOWKFHQWUHV
:DWHUVXSSO\
7UDLQLQJDQG
FDPSDLJQ
VFKRROV
7\SHRIDFWLYLW\
1RQH
3XUH$JULFXOWXUH
3XUH/LYHVWRFN
3XUH$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$TXDFXOWXUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
33
, 6LWHRI3URGXFWLRQ
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR QXPEHU RI
VLWHV
1XPEHURI $JURSDVWRUDOILHOGRIDFWLYLW\
1XPEHURIVLWHV
EXVLQHVVHV $JULFXOWXUH /LYHVWRFN $TXDFXOWXUH
VLWH
VLWHV
VLWHV
VLWHV
VLWHV
VLWHVDQGPRUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR QXPEHU RI
VLWHV
1XPEHURIVLWHVRIDJULFXOWXUDOSURGXFWLRQ
5HJLRQ 7RWDO
VLWH VLWHV VLWHV VLWHV VLWHV VLWHVDQGPRUH
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
34
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR QXPEHU RI
SDVWRUDOVLWHV
1XPEHURIVLWHVRISDVWRUDOSURGXFWLRQ
5HJLRQ 7RWDO
VLWH VLWHV VLWHV VLWHV VLWHV VLWHVDQGPRUH
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRQXPEHURI
VLWHV
1XPEHURIVLWHV
5HJLRQ VLWHVDQG 7RWDO
VLWH VLWHV VLWHV VLWHV VLWHV
PRUH
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
35
, (QHUJ\3URGXFWLRQ
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV
DFFRUGLQJWRW\SHRIUHQHZDEOHHQHUJ\SURGXFWLRQIDFLOLWLHV
7\SHRIUHQHZDEOHHQHUJ\
2WKHUUHQHZDEOH
HQXPHUDWHG
%XVLQHVVHV
1RSURGXFWLRQ
+\GURSRZHU
%LRPDVV
HQHUJLHV
/HJDOVWDWXV
6RODU
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI UHQHZDEOH HQHUJ\
SURGXFWLRQIDFLOLWLHVDFFRUGLQJWRUHJLRQ
7\SHRIUHQHZDEOHHQHUJ\SURGXFWLRQIDFLOLWLHV
1XPEHURI 2WKHU
5HJLRQ 1R
EXVLQHVVHV 6RODU +\GURSRZHU %LRPDVV UHQHZDEOH
SURGXFWLRQ
HQHUJLHV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
36
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI UHQHZDEOH HQHUJ\
SURGXFWLRQIDFLOLWLHVDFFRUGLQJWRW\SHRIDFWLYLW\
7\SHRIUHQHZDEOHHQHUJ\SURGXFWLRQIDFLOLWLHV
1XPEHURI 2WKHU
7\SHRIDFWLYLW\ 1R
EXVLQHVVHV 6RODU +\GURSRZHU %LRPDVV UHQHZDEOH
SURGXFWLRQ
HQHUJLHV
$JULFXOWXUH
$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH
/LYHVWRFN
$TXDFXOWXUH
3XUH$JULFXOWXUH
3XUH$TXDFXOWXUH
/LYHVWRFN
$TXDFXOWXUH
3XUH/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI UHQHZDEOH HQHUJ\
SURGXFWLRQIDFLOLWLHVDFFRUGLQJWRILHOGRIDFWLYLW\
7\SHRIUHQHZDEOHHQHUJ\SURGXFWLRQIDFLOLWLHV
1XPEHURI 2WKHU
)LHOGRIDFWLYLW\ 1R
EXVLQHVVHV 6RODU +\GURSRZHU %LRPDVV UHQHZDEOH
SURGXFWLRQ
HQHUJLHV
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
37
, 6RXUFHVRI)LQDQFLQJ
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO ƏEXVLQHVVƏ IDUPV E\ VRXUFH RI ILQDQFLQJ DQG
DFFRUGLQJWRUHJLRQ
6RXUFHVRIILQDQFLQJ
/RDQIURPDWRQWLQH
3URPRWHU·VVDYLQJV
RUWVIURPDVVRFLDWH
%DQNORDQIURPDQ
6XEVLGLHV,QVWLWXWLR
&RQWULEXWLRQVVXSS
)RUHLJQILQDQFLDO
,QFRPHIURPWKH
HQXPHUDWHG
%XVLQHVVHV
/RDQIURPDQ
VKDUHKROGHUV
QDOVXSSRUWV
LQGLYLGXDO
SURSHUW\
SDUWQHUV
5HJLRQ
2WKHU
0),
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDOƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRVRXUFH
RIILQDQFLQJ
6RXUFHVRIILQDQFLQJ
%XVLQHVVHVHQXPHUDWHG
&RQWULEXWLRQVVXSSRU
3URPRWHU·VVDYLQJV
6XEVLGLHV,QVWLWXWLRQ
/RDQIURPDWRQWLQH
%DQNORDQIURPDQ
WVIURPDVVRFLDWH
)RUHLJQILQDQFLDO
,QFRPHIURPWKH
2WKHUVRXUFHV
/RDQIURPDQ
VKDUHKROGHUV
DOVXSSRUWV
LQGLYLGXDO
SURSHUW\
SDUWQHUV
/HJDOVWDWXV
0),
38
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDOƏEXVLQHVVƏIDUPVE\VRXUFHRIILQDQFLQJDFFRUGLQJWR
ILHOGRIDFWLYLW\
6RXUFHVRIILQDQFLQJ
%XVLQHVVHVHQXPHUDWHG
/RDQIURPDQLQGLYLGXDO
&RQWULEXWLRQVVXSSRUWV
%DQNORDQIURPDQ0),
6XEVLGLHV,QVWLWXWLRQDO
/RDQIURPDWRQWLQH
3URPRWHU·VVDYLQJV
)RUHLJQILQDQFLDO
,QFRPHIURPWKH
IURPDVVRFLDWH
VKDUHKROGHUV
2WKHUVRXUFHV
VXSSRUWV
SURSHUW\
SDUWQHUV
)LHOGRIDFWLYLW\
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDOƏEXVLQHVVƏIDUPVE\VRXUFHRIILQDQFLQJDFFRUGLQJWR
W\SHRIDFWLYLW\
6RXUFHVRIILQDQFLQJ
%XVLQHVVHVHQXPHUDWHG
VKDUHKROGHUVDVVRFLD
&RQWULEXWLRQVFRQWULE
/RDQIURPDWRQWLQH
3URPRWHU·VVDYLQJV
6XEVLGLHV,QVWLWXWLRQ
%DQNORDQIURPDQ
)RUHLJQILQDQFLDO
,QFRPHIURPWKH
2WKHUVRXUFHV
/RDQIURPDQ
XWLRQVIURP
DOVXSSRUWV
LQGLYLGXDO
SURSHUW\
SDUWQHUV
7\SHRIDFWLYLW\
0),
WHV
$JULFXOWXUH
$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH/LYHVWRFN
$TXDFXOWXUH
3XUH$JULFXOWXUH
3XUH$TXDFXOWXUH
/LYHVWRFN
$TXDFXOWXUH
3XUH/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
39
, /DERXU)RUFH
, /DERXU)RUFH6WDWXV
7DEOH 'LVWULEXWLRQRIODERXUIRUFHVL]HLQDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPV
E\UHJLRQDFFRUGLQJWRW\SH
6HQLRU 7HPSRUDU\
5HJLRQ :RUNHUV 2IILFHUV 2WKHUHPSOR\HHV 7RWDORIMREV
RIILFHUV ZRUNHUV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIODERXUVL]HLQDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\
OHJDOVWDWXVDFFRUGLQJWRW\SH
6HQLRU 2WKHU 7HPSRUDU\
/HJDOVWDWXV :RUNHUV 2IILFHUV 7RWDORIMREV
RIILFHUV HPSOR\HHV ZRUNHUV
63
60//&
//&
3/&
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
40
, 9ROXPHRI/DERXU)RUFH
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ
DFFRUGLQJWRQXPEHURIHPSOR\HHV
1XPEHURIHPSOR\HHVLQWKHEXVLQHVV
5HJLRQ DQG 7RWDO
/HVVWKDQ PRUH
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ QXPEHU RI
HPSOR\HHVDFFRUGLQJWROHJDOVWDWXV
1XPEHURIHPSOR\HHVLQWKHEXVLQHVV
/HJDOVWDWXV DQG 7RWDO
/HVVWKDQ PRUH
63
60//&
//&
3/&
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
41
, 6L]HRI)DUPV$UHDRI)DUPV
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR DUHDV RI
IDUPVLQFODVV
$UHDRIIDUPLQFODVV
KD
KD
KD
KD
RQH KD
WR
KD
KD
KD
WR
WR
WR
5HJLRQ
PRUH
7RWDO
WR
WR
WR
/HVV
WKDQ
DQG
KD
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH $YHUDJHDQGWRWDODUHDVRIƏEXVLQHVVƏIDUPVE\W\SHRIDFWLYLW\
%XVLQHVVHV $YHUDJHDUHDRI 0HGLDQDUHDRI 7RWDODUHDRI
7\SHRIDFWLYLW\
HQXPHUDWHG IDUPV IDUPV IDUPV
3XUH$JULFXOWXUH
3XUH/LYHVWRFN
3XUH$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN$TXDFXOWXUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH $YHUDJHPHGLDQDQGWRWDODUHDVRIƏEXVLQHVVƏIDUPVE\ODERXUIRUFHFODVV
$UHD LQKD
/DERXUIRUFHVL]H 1XPEHURIIDUPV
$YHUDJHDUHDRI 0HGLDQDUHDRI 7RWDODUHDRI
IDUPV IDUPV IDUPV
/HVVWKDQ
DQGPRUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
42
, &+$5$&7(5,67,&62))$500$1$*(56
, 6H[RIWKH0DQDJHU
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ
DFFRUGLQJWRWKHVH[RIWKHPDQDJHU
6H[RIWKHPDQDJHU
5HJLRQ
0DOH )HPDOH 7RWDO
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV
DFFRUGLQJWRWKHVH[RIWKHPDQDJHU
6H[RIWKHPDLQPDQDJHU
/HJDOVWDWXV 7RWDO
0DOH )HPDOH
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHU
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
43
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\ILHOGRIDFWLYLW\
DFFRUGLQJWRWKHVH[RIWKHPDLQPDQDJHU
6H[RIWKHPDLQPDQDJHU
)LHOGRIDFWLYLW\ 7RWDO
0DOH )HPDOH
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIDFWLYLW\
DFFRUGLQJWRWKHVH[RIWKHPDLQPDQDJHU
6H[RIWKHPDLQPDQDJHU
7\SHRIDFWLYLW\
0DOH )HPDOH 7RWDO
$JULFXOWXUH$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH/LYHVWRFN$TXDFXOWXUH
3XUH$JULFXOWXUH
3XUH$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
3XUH/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 1DWLRQDOLW\RIWKH0DQDJHU
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ
DFFRUGLQJWRWKHQDWLRQDOLW\RIWKHPDLQPDQDJHU
1DWLRQDOLW\RIWKHEXVLQHVVPDQDJHU
5HJLRQ
&DPHURRQLDQ )RUHLJQHU 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
44
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\ILHOGRIDFWLYLW\
DFFRUGLQJWRWKHQDWLRQDOLW\RIWKHPDLQPDQDJHU
1DWLRQDOLW\RIWKHEXVLQHVVPDQDJHU
)LHOGRIDFWLYLW\
&DPHURRQLDQ )RUHLJQHU 7RWDO
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIDFWLYLW\
DFFRUGLQJWRWKHVH[RIWKHPDLQPDQDJHU
6H[RIWKHEXVLQHVVPDQDJHU
7\SHRIDFWLYLW\
0DOH )HPDOH 7RWDO
$JULFXOWXUH$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH/LYHVWRFN$TXDFXOWXUH
3XUH$JULFXOWXUH
3XUH$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
3XUH/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV
DFFRUGLQJWRWKHQDWLRQDOLW\RIWKHPDLQPDQDJHU
1DWLRQDOLW\RIWKHEXVLQHVVPDQDJHU
/HJDOVWDWXV
&DPHURRQLDQ )RUHLJQHU 7RWDO
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
45
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ DUHD RI IDUP
DFFRUGLQJWRWKHQDWLRQDOLW\RIWKHPDLQPDQDJHU
1DWLRQDOLW\RIWKHEXVLQHVVPDQDJHU
$UHDRIIDUP 7RWDO
&DPHURRQLDQ )RUHLJQHU
/HVVWKDQRQHKD
WRKD
WRKD
WRKD
WRKD
WRKD
WRKD
WRKD
0RUHWKDQKD
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ GXUDWLRQ RI
DFWLYLW\DFFRUGLQJWRWKHQDWLRQDOLW\RIWKHPDQDJHU
1DWLRQDOLW\RIWKHEXVLQHVVPDQDJHU
'XUDWLRQRIDFWLYLW\ 7RWDO
&DPHURRQLDQ )RUHLJQHU
/HVVWKDQRQH\HDU
WR\HDUV
WR\HDUV
WR\HDUV
\HDUVDQGPRUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
46
, $JHVRI0DQDJHUV
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ
DFFRUGLQJWRWKHDJHJURXSRIWKHPDLQPDQDJHU
$JHRIWKHPDQDJHULQFODVV
5HJLRQ \HDUV
/HVVWKDQ
DQG 7RWDO
\HDUV \HDUV \HDUV \HDUV \HDUV
PRUH
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI PDQDJHUV RI DJURSDVWRUDO ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV
DFFRUGLQJWRWKHDJHJURXS
$JHRIWKHPDQDJHULQFODVV
/HJDOVWDWXV /HVVWKDQ \HDUV 7RWDO
\HDUV \HDUV \HDUV \HDUV \HDUV DQG
PRUH
63
60//&
//&
3/&
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
47
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\ILHOGRIDFWLYLW\
DFFRUGLQJWRWKHDJHJURXSRIWKHPDLQPDQDJHU
$JHRIWKHPDQDJHULQFODVV
)LHOGRIDFWLYLW\ /HVVWKDQ \HDUV 7RWDO
\HDUV \HDUV \HDUV \HDUV \HDUV DQG
PRUH
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIDFWLYLW\
DFFRUGLQJWRWKHDJHJURXSRIWKHPDLQPDQDJHU
$JHRIWKHPDQDJHULQFODVV
7\SHRIDFWLYLW\ /HVVWKDQ \HDUV 7RWDO
\HDUV \HDUV \HDUV \HDUV \HDUV DQG
PRUH
3XUH$JULFXOWXUH
3XUH/LYHVWRFN
3XUH$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$TXDFXOWXUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH $YHUDJH DQG PHGLDQ DJHV RI PDQDJHUV RI DJURSDVWRUDO DQG DTXDFXOWXUDO
ƏEXVLQHVVƏIDUPVE\UHJLRQ
$YHUDJHDJHRIWKHPDLQPDQDJHU 0HGLDQDJHRIWKHPDLQPDQDJHU LQ
5HJLRQ
LQFRPSOHWHG\HDUV FRPSOHWHG\HDUV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
48
, 9RFDWLRQDO7UDLQLQJ
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDOƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRWKHW\SHRI
WUDLQLQJRIWKHPDLQPDQDJHULQDJULFXOWXUHOLYHVWRFN
0DLQPDQDJHU·VSURIHVVLRQDOWUDLQLQJLQDJULFXOWXUH
5HJLRQ 7RWDO
1RQH 2QHRIIWUDLQLQJ 7HFKQLFDOVFKRRO 8QLYHUVLW\ 2WKHUV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDOƏEXVLQHVVƏIDUPVE\ILHOGRIDFWLYLW\DFFRUGLQJWRWKH
W\SHRIWUDLQLQJRIWKHPDLQPDQDJHULQDJULFXOWXUHOLYHVWRFN
0DLQPDQDJHU·VSURIHVVLRQDOWUDLQLQJLQDJULFXOWXUH
)LHOGRIDFWLYLW\ 7HFKQLFDO
1RQH 2QHRIIWUDLQLQJ 8QLYHUVLW\ 2WKHUV 7RWDO
VFKRRO
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
49
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDOƏEXVLQHVVƏIDUPVE\W\SHRIDFWLYLW\DFFRUGLQJWRWKH
W\SHRIWUDLQLQJRIWKHPDLQPDQDJHULQDJULFXOWXUHOLYHVWRFN
0DLQPDQDJHU·VSURIHVVLRQDOWUDLQLQJLQDJULFXOWXUH
7\SHRIDFWLYLW\ 7HFKQLFDO
1RQH 2QHRIIWUDLQLQJ 8QLYHUVLW\ 2WKHUV 7RWDO
VFKRRO
3XUH$JULFXOWXUH
3XUH/LYHVWRFN
3XUH$TXDFXOWXUH
$JULFXOWXUH
/LYHVWRFN
$JULFXOWXUH
$TXDFXOWXUH
/LYHVWRFN
$TXDFXOWXUH
$JULFXOWXUH
/LYHVWRFN
$TXDFXOWXUH
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ VXUIDFH DUHD
DFFRUGLQJWRWKHW\SHRIWUDLQLQJRIWKHPDLQPDQDJHULQDJULFXOWXUHOLYHVWRFN
0DLQPDQDJHU·VSURIHVVLRQDOWUDLQLQJLQDJULFXOWXUH
$UHDRIIDUP 7RWDO
1RQH 2QHRIIWUDLQLQJ 7HFKQLFDOVFKRRO 8QLYHUVLW\ 2WKHUV
/HVVWKDQRQHKD
WRKD
WRKD
WRKD
WRKD
WRKD
WRKD
WRKD
0RUHWKDQKD
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
50
, &21675$,1762)$*523$6725$/$1'
48$&8/785$/%86,1(66(6
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIGLIILFXOW\DQGE\UHJLRQ
'HVHUWLILFDWLRQ
HQXPHUDWHG
%XVLQHVVHV
(SL]RRWLFV
$FFHVVWR
%XVKILUHV
,UUHJXODU
VHDVRQV
6HFXULW\
)ORRGV
ZDWHU
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
:HVW
6RXWK
6RXWK:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI GLIILFXOW\ DQG E\ OHJDO
VWDWXV
,UUHJXODUVHDVRQV
$FFHVVWRZDWHU
'HVHUWLILFDWLRQ
HQXPHUDWHG
%XVLQHVVHV
(SL]RRWLFV
%XVKILUHV
6HFXULW\
)ORRGV
/HJDOVWDWXV
6ROH3URSULHWRUVKLS
60//&
//&
3XEOLF/LPLWHG&RPSDQ\
3/&
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
51
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIGLIILFXOW\DQGE\ILHOGRI
DFWLYLW\
$FFHVV
%XVLQHVVHV ,UUHJXODU
)LHOGRIDFWLYLW\ %XVKILUHV )ORRGV WR 6HFXULW\ 'HVHUWLILFDWLRQ
HQXPHUDWHG VHDVRQV
ZDWHU
$JULFXOWXUH
52
, (48,30(17$1',1)5$6758&785(62)
$*523$6725$/$1'$48$&8/785$/%86,1(66(6
, 0DFKLQHU\DQG(TXLSPHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV XVLQJ IDUP
HTXLSPHQWDFFRUGLQJWRDFTXLVLWLRQPRGH
$FTXLVLWLRQPRGH
0DFKLQHU\(TXLSPHQW 3HUVRQDO 6XSSRUW
&UHGLW 2WKHUV 7RWDO
FRQWULEXWLRQ SDUWLDOWRWDO
$XWRPDWLFZDWHUHUV
$HUDWRUV
)LVKKDWFKHULHV
+DWFKHU\NLWV
&RPELQHGKDUYHVWHUV
'U\HUV
&KDLQVDZV
+LWFKHV SORXJKFDUW
+LWFKLQJGHYLFHVRWKHUWKDQFDUWV
DQGSORXJKV
5RWRWLOOHUV
7UDFWRUV
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPVXVLQJUHSURGXFWLRQ
HTXLSPHQWDFFRUGLQJWRDFTXLVLWLRQPRGH
$FTXLVLWLRQPRGH
(TXLSPHQW
3HUVRQDO 6XSSRUW
&UHGLW 2WKHUV 7RWDO
FRQWULEXWLRQ SDUWLDOWRWDO
+DWFKHU\NLWV
%DWWHU\FDJHVIRUOD\LQJKHQV
53
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV XVLQJ WUHDWPHQW
HTXLSPHQWDFFRUGLQJWRDFTXLVLWLRQPRGH
$FTXLVLWLRQPRGH
(TXLSPHQW
3HUVRQDO 6XSSRUW
&UHGLW 2WKHUV 7RWDO
FRQWULEXWLRQ SDUWLDOWRWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV XVLQJ UROOLQJ
VWRFNVDQGRWKHUPDFKLQHU\DFFRUGLQJWRDFTXLVLWLRQPRGH
$FTXLVLWLRQPRGH
0DFKLQHU\IRUDJURSDVWRUDO
DFWLYLWLHV 3HUVRQDO 6XSSRUW
&UHGLW 2WKHUV 7RWDO
FRQWULEXWLRQ SDUWLDOWRWDO
0RWRUF\FOHV
0LONLQJPDFKLQHV
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
54
CHAPTER II.
AGRICULTURAL BUSINESS FARMS
55
, &+$5$&7(5,67,&62)$*5,&8/785$/)$506
, 1XPEHURI$JULFXOWXUDO)DUPV
7DEOH 1XPEHURIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRDFWLYLW\FDUULHGRXW
7\SHRIDFWLYLW\
%XVLQHVVHV
5HJLRQ $JULFXOWXUDO 3URGXFWLRQRI
HQXPHUDWHG )HHGSURGXFWLRQ
SURGXFWLRQ DJULFXOWXUDOVHHG
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 1XPEHU RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV DFFRUGLQJ WR DFWLYLW\
FDUULHGRXW
7\SHRIDFWLYLW\
/HJDOVWDWXV %XVLQHVVHVHQXPHUDWHG $JULFXOWXUDO 3URGXFWLRQRI
)HHG
DJULFXOWXUDO
SURGXFWLRQ SURGXFWLRQ
VHHG
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
56
, 7\SHVRI&URSV*URZQ
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRFURSJURXS
,QGXVWULDODQGH[SRUW
9HJHWDEOHSURGXFWV
*UHHQVDQGVSLFHV
2OHDJLQRXVFURSV
6HHGVDQGSODQWV
DQGOHJXPHV
EXVLQHVVHV
DJULFXOWXUDO
1XPEHURI
&HUHDOV
7XEHUV
FURSV
)UXLW
RQO\
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV DFFRUGLQJ WR FURS
JURXS
,QGXVWULDODQGH[SRUW
9HJHWDEOHSURGXFWV
*UHHQVDQGVSLFHV
2LOVHHGFURSVDQG
6HHGVDQGSODQWV
EXVLQHVVHV
DJULFXOWXUDO
1XPEHURI
OHJXPHV
&HUHDOV
7XEHUV
FURSV
)UXLW
RQO\
/HJDOVWDWXV
57
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI FHUHDO VSHFLHV JURZQ
DFFRUGLQJWRUHJLRQ
5HJLRQ %XVLQHVVHVHQXPHUDWHG 0DL]H 5LFH 6RUJKXP 1RFHUHDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIFHUHDOVSHFLHVDFFRUGLQJ
WROHJDOVWDWXV
/HJDOVWDWXV %XVLQHVVHVHQXPHUDWHG 0DL]H 5LFH 6RUJKXP 1RFHUHDO
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW*URXSLQJ
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
58
7DEOH 'LVWULEXWLRQRI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\W\SH RI URRWV DQGWXEHUVJURZQ
DFFRUGLQJWRUHJLRQ
1XPEHURI
6ZHHW
5HJLRQ DJULFXOWXUDO <DP &RFR\DP &DVVDYD 3RWDWR 1RWXEHU
SRWDWR
EXVLQHVVHV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\W\SH RI URRWV DQGWXEHUV JURZQ
DFFRUGLQJWROHJDOVWDWXV
1XPEHURI
6ZHHW
/HJDOVWDWXV DJULFXOWXUDO <DP &RFR\DP &DVVDYD 3RWDWR 1RWXEHU
SRWDWR
EXVLQHVVHV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
59
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI IUXLW FURSV JURZQ
DFFRUGLQJWRUHJLRQ
EXVLQHVVHV
DJULFXOWXUDO
1XPEHURI
2WKHUIUXLW
3LQHDSSOH
6RXUVRS
3DZSDZ
3ODQWDLQ
3DVVLRQ
FDVKHZ
1RIUXLW
2UDQJH
/HPRQ
0DQJR
3OXP
3HDU
IUXLW
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI IUXLW FURSV JURZQ
DFFRUGLQJWROHJDOVWDWXV
3DVVLRQIUXLW
EXVLQHVVHV
DJULFXOWXUDO
1XPEHURI
1XPEHURI
2WKHUIUXLW
DJULFXOWXUDO
3LQHDSSOH
6RXUVRS
3DZSDZ
3ODQWDLQ
1RIUXLW
2UDQJH
/HPRQ
0DQJR
3OXP
3HDU
/HJDOVWDWXV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//&
60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
60
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI SHUHQQLDO FURSV JURZQ
DFFRUGLQJWRUHJLRQ
5REXVWD&RIIHH
$UDELFD&RIIHH
1RLQGXVWULDO
EXVLQHVVHV
DJULFXOWXUDO
6XJDUFDQH
DQGH[SRUW
1XPEHURI
2LOSDOP
%DQDQD
5XEEHU
&RWWRQ
&RFRD
FURSV
7HD
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI SHUHQQLDO FURSV JURZQ
DFFRUGLQJWROHJDOVWDWXV 5REXVWD&RIIHH
$UDELFD&RIIHH
1RLQGXVWULDO
EXVLQHVVHV
DJULFXOWXUDO
6XJDUFDQH
DQGH[SRUW
1XPEHURI
2LOSDOP
%DQDQD
5XEEHU
&RWWRQ
&RFRD
FURSV
7HD
/HJDOVWDWXV
63
60//&
//&
3/&
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
61
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIRLOVHHGDQGOHJXPHFURSV
JURZQDFFRUGLQJWRUHJLRQ
1XPEHURI
1RRLOVHHGRU
5HJLRQ DJULFXOWXUDO *URXQGQXW %HDQ &RZSHD 6R\D
OHJXPHFURS
EXVLQHVVHV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\W\SHRIRLOVHHGDQGOHJXPHFURSV
JURZQDFFRUGLQJWROHJDOVWDWXV
1XPEHURI
1RRLOVHHGRU
/HJDOVWDWXV DJULFXOWXUDO *URXQGQXW %HDQ &RZSHD 6R\D
OHJXPHFURS
EXVLQHVVHV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
62
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI YHJHWDEOH FURSV DQG
PXVKURRPVJURZQDFFRUGLQJWRUHJLRQ
1RYHJHWDEOH
:DWHUPHORQ
EXVLQHVVHV
DJULFXOWXUDO
0XVKURRP
1XPEHURI
7RPDWR
3HSSHU
&DUURW
2QLRQ
/HHN
FURS
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI YHJHWDEOH FURSV DQG
PXVKURRPVJURZQDFFRUGLQJWROHJDOVWDWXV
1RYHJHWDEOH
:DWHUPHORQ
EXVLQHVVHV
DJULFXOWXUDO
0XVKURRP
1XPEHURI
7RPDWR
3HSSHU
&DUURW
2QLRQ
/HHN
FURS
/HJDOVWDWXV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
63
, 7HFKQLTXHVRI6RLO&RQVHUYDWLRQ
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV XVLQJ D WHFKQLTXH RI VRLO
FRQVHUYDWLRQDFFRUGLQJWRUHJLRQ
1XPEHURI ,PSURYHG
5HJLRQ &URSURWDWLRQ 6LPSOHIDOORZ 1RWHFKQLTXH
IDUPV IDOORZ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ´EXVLQHVVµ IDUPV XVLQJ D WHFKQLTXH RI VRLO
FRQVHUYDWLRQDFFRUGLQJWROHJDOVWDWXV
1XPEHURI &URS ,PSURYHG 6LPSOH 1R
/HJDOVWDWXV
IDUPV URWDWLRQ IDOORZ IDOORZ WHFKQLTXH
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
64
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\SURGXFWLRQWHFKQLTXHDFFRUGLQJ
WRFHUHDOVSHFLHVJURZQ
&HUHDOV
1XPEHURI ,PSURYHG
&URSURWDWLRQ 6LPSOHIDOORZ 1RWHFKQLTXH
IDUPV IDOORZ
5LFH
6RUJKXP
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\SURGXFWLRQWHFKQLTXHDFFRUGLQJ
WRURRWVDQGWXEHUVJURZQ
1XPEHURI ,PSURYHG 6LPSOH
5RRWVDQGWXEHUV &URSURWDWLRQ 1RWHFKQLTXH
IDUPV IDOORZ IDOORZ
<DP
&RFR\DP
6ZHHWSRWDWR
3RWDWR
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
65
, )$500$1$*(0(17
, /DQG8VH
, /DQG7HQXUH
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV DFFRUGLQJ WR ODQG
WHQXUHPHWKRG
6KDUHFURSSLQJ
$OORFDWLRQE\
HQXPHUDWHG
%XVLQHVVHV
,QKHULWDQFH
WUDGLWLRQDO
3XUFKDVH
'RQDWLRQ
DXWKRULW\
3OHGJH
/HDVH
5HQW
/HJDOVWDWXV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRODQGWHQXUH
PHWKRG
1XPEHURIIDUPV
6KDUHFURSSLQJ
WUDGLWLRQDODQG
DGPLQLVWUDWLYH
$OORFDWLRQE\
&RQFHVVLRQ
,QKHULWDQFH
DXWKRULWLHV
3XUFKDVH
'RQDWLRQ
3OHGJH
5HQW
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
66
, 7\SHRI/DQG7HQXUH6HFXULW\
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUP ZLWK D VSHFLILF W\SH RI ODQG WHQXUH
VHFXULW\RQIDUPODQGE\UHJLRQ
$JULFXOWXUDO 6WDWH
5HJLVWUDWLRQLQ 1R
5HJLRQ %XVLQHVVHV /DQGWLWOH SULYDWH &RQFHVVLRQ
SURJUHVV VHFXULW\
HQXPHUDWHG SURSHUW\
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRI DJULFXOWXUDO ©EXVLQHVVµIDUPV ZLWK DVSHFLILF W\SHRI ODQGWHQXUH
VHFXULW\HOHPHQWRQIDUPODQGE\OHJDOVWDWXV
$JULFXOWXUDO /DQG 5HJLVWUDWLRQLQ 6WDWH 1R
/HJDOVWDWXV EXVLQHVVHV WLWOH SURJUHVV SULYDWH &RQFHVVLRQ VHFXULW\
HQXPHUDWHG SURSHUW\
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
67
, 8VHRI6HHGV
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOEXVLQHVVHVE\W\SHRIVHHGXVHGDFFRUGLQJWRUHJLRQ
&HUWLILHG 8QFHUWLILHG &HUWLILHG
8QFHUWLILHG
1XPEHURI VHHGVRI VHHGVRI VHHGVRI 'RQRW
5HJLRQ VHHGVRIORFDO
IDUPV LPSURYHG LPSURYHG ORFDO NQRZ
YDULHWLHV
YDULHWLHV YDULHWLHV YDULHWLHV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 4XDQWLW\RIVHHGVXVHGE\FURS
&URS 8QLWRIPHDVXUHPHQW 4XDQWLW\RIVHHGVXVHGLQ
0DL]H .J
5LFH .J
6RUJKXP .J
<DPV
&RFR\DP
&DVVDYD &XWWLQJ
6ZHHWSRWDWR
3RWDWR .J
*URXQGQXW .J
%HDQ .J
&RZSHD .J
2LOSDOP 3ODQWV
6R\D .J
&RFRD 3ODQWV
$UDELFD&RIIHH 3ODQWV
5REXVWD&RIIHH 3ODQWV
5XEEHU 3ODQWV
7HD
&DEEDJH
%ODFNQLJKWVKDGH ]RP
'MDPDGMDPD
&XFXPEHU
*UHHQEHDQV
:DWHUPHORQ .J
3HSSHU .J
7RPDWR .J
68
&URS 8QLWRIPHDVXUHPHQW 4XDQWLW\RIVHHGVXVHGLQ
0XVKURRP .J
3LQHDSSOH 6XFNHUV
3HDU 3ODQWV
/HPRQ 3ODQWV
3DVVLRQIUXLW
0DQJR 3ODQWV
2UDQJH 3ODQWV
3DZSDZ
3OXP 3ODQWV
%DQDQD 3LIV
3ODQWDLQ 3LIV
3HSSHU .J
6XJDUFDQH 3ODQWV
%UDFFKDULD .J
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 8VHRI)HUWLOL]HUV
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVSURGXFLQJFHUHDOVDFFRUGLQJWRW\SH
RIIHUWLOL]HUVXVHG
8VHRIIHUWLOL]HUV PDQXUHHWF
5HJLRQ
<HV 1R 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
69
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR W\SH RI
IHUWLOL]HUVXVHG
%XVLQHVVHV 0LQHUDO 2UJDQLF %LRORJLFDO
5HJLRQ 1RIHUWLOL]HU
HQXPHUDWHG IHUWLOL]HUV IHUWLOL]HUV IHUWLOL]HUV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRW\SHRI
IHUWLOL]HUV
%XVLQHVVHV 0LQHUDO 2UJDQLF %LRORJLFDO
/HJDOVWDWXV 1RIHUWLOL]HU
HQXPHUDWHG IHUWLOL]HUV IHUWLOL]HUV IHUWLOL]HUV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//&
60//&
/LPLWHG/LDELOLW\
&RPSDQ\ //&
3XEOLF/LPLWHG
&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
3XEOLF
&RPSDQ\(VWDEOLVKPH
QW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
70
, 8VHRI3K\WRVDQLWDU\3URGXFWV
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV DFFRUGLQJ WR XVH RI SK\WRVDQLWDU\
SURGXFWV
8VHRISK\WRVDQLWDU\SURGXFWV
5HJLRQ
1R <HV 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR W\SH RI
SK\WRVDQLWDU\SURGXFWVXVHG
SK\WRVDQLWDU\
5RGHQWLFLGHV
1HPDWLFLGHV
,QVHFWLFLGHV
HQXPHUDWHG
%XVLQHVVHV
)XQJLFLGHV
+HUELFLGHV
SURGXFW
1R
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
71
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRW\SHRI
SK\WRVDQLWDU\SURGXFWVXVHG
SK\WRVDQLWDU\
5RGHQWLFLGHV
1HPDWLFLGHV
,QVHFWLFLGHV
HQXPHUDWHG
%XVLQHVVHV
)XQJLFLGHV
+HUELFLGHV
SURGXFW
1R
/HJDOVWDWXV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH $YHUDJH TXDQWLW\ RI SK\WRVDQLWDU\ SURGXFWV XVHG LQ E\ DJULFXOWXUDO
EXVLQHVVHVDFFRUGLQJWRW\SHRISK\WRVDQLWDU\SURGXFWV
3K\WRVDQLWDU\SURGXFWV 6ROLG .J /LTXLG /
)XQJLFLGHV
+HUELFLGHV
,QVHFWLFLGHV
1HPDWLFLGHV
5RGHQWLFLGHV
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 8VHRI$QLPDO7UDFWLRQ
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO DQG DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV XVLQJ DQLPDO
WUDFWLRQE\UHJLRQ
8VHRIDQLPDOWUDFWLRQ
5HJLRQ
1R <HV 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
72
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDO´EXVLQHVVµIDUPVXVLQJWUDFWLRQDQLPDOE\OHJDOVWDWXV
8VHRIDQLPDOWUDFWLRQ
/HJDOVWDWXV
1R <HV 7RWDO
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
6&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ´EXVLQHVVµ IDUPV XVLQJ WUDFWLRQ DQLPDO E\ W\SH RI
DFWLYLW\
8VHRIDQLPDOWUDFWLRQ
7\SHRIDFWLYLW\
1R <HV 7RWDO
$JULFXOWXUH$TXDFXOWXUH
$JULFXOWXUH/LYHVWRFN
$JULFXOWXUH/LYHVWRFN$TXDFXOWXUH
3XUH$JULFXOWXUH
3XUH$TXDFXOWXUH
/LYHVWRFN$TXDFXOWXUH
3XUH/LYHVWRFN
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 0HFKDQLFDO3ORXJKLQJ
7DEOH 6XUIDFHDUHDFXOWLYDWHGE\WUDFWRUDQGE\UHJLRQ
6XUIDFHDUHDVFXOWLYDWHG 7RWDOQXPEHURIWUDFWRUV 6XUIDFHDUHDWUDFWRU
5HJLRQ
KD $ % KDWUDFWRU $%
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
73
7DEOH 1XPEHURIWUDFWRUVE\DJURSDVWRUDODQGDTXDFXOWXUDOƏEXVLQHVVƏIDUPV
1XPEHURI 1XPEHURI 1XPEHURIWUDFWRUV 5DWLRWUDFWRUV
5HJLRQ
IDUPV $ WUDFWRUV % E\IDUP $% IDUPV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
:HVW
6RXWK
6RXWK:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 3UDFWLFHRI,UULJDWLRQ
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVSUDFWLVLQJLUULJDWLRQE\UHJLRQ
3UDFWLFHRILUULJDWLRQ
5HJLRQ
1R <HV 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
74
7DEOH 'LVWULEXWLRQ RIDJULFXOWXUDOƏEXVLQHVVƏIDUPVSUDFWLVLQJDW\SHRILUULJDWLRQE\
UHJLRQ
1XPEHURIIDUPV $UHD
5HJLRQ 6SUD\ 'ULS 0DQXDO
SUDFWLVLQJLUULJDWLRQ *UDYLW\
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVSUDFWLVLQJDJLYHQW\SHRILUULJDWLRQ
E\OHJDOVWDWXV
1XPEHURIIDUPV $UHD
/HJDOVWDWXV 6SUD\ 'ULS 0DQXDO
SUDFWLVLQJLUULJDWLRQ *UDYLW\
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
75
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV SUDFWLVLQJ LUULJDWLRQ DFFRUGLQJ WR
ZDWHUVRXUFHE\UHJLRQ
1XPEHURI
3RRO :DWHUGDPV
IDUPV 7RZQ
5HJLRQ :DWHU UHVHUYRLUV :HOOV 6WUHDPV %RUHKROHV
SUDFWLVLQJ :DWHU
ERGLHV SRQGV
LUULJDWLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV SUDFWLVLQJ LUULJDWLRQ DFFRUGLQJ WR
ZDWHUVRXUFHE\OHJDOVWDWXV
1XPEHURI :DWHU
3RRO
IDUPV GDPV 7RZQ
/HJDOVWDWXV ZDWHU :HOOV 6WUHDPV %RUHKROHV
SUDFWLVLQJ UHVHUYRLUV :DWHU
ERGLHV
LUULJDWLRQ SRQGV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
76
, )DUPHTXLSPHQWDQGLQIUDVWUXFWXUH
, 0DFKLQHU\DQG(TXLSPHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV XVLQJ WUDFWRUV YHKLFOHV DQG RWKHU
UROOLQJVWRFNV
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOPDFKLQHU\
DJURSDVWRUDO
0RWRUF\FOHV
1XPEHURI
9HKLFOHVIRU
KDUYHVWHUV
5RWRWLOOHUV
DFWLYLWLHV
&RPELQH
7UDFWRUV
5HJLRQ DJULFXOWXUDO
IDUPV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV XVLQJ WUDFWRUV YHKLFOHV DQG RWKHU
UROOLQJVWRFNVE\OHJDOVWDWXV
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDO
PDFKLQHU\
1XPEHURI
DJURSDVWRUDO
0RWRUF\FOHV
9HKLFOHVIRU
KDUYHVWHUV
5RWRWLOOHUV
DFWLYLWLHV
&RPELQH
/HJDOVWDWXV DJULFXOWXUDO
7UDFWRUV
IDUPV
77
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR W\SH RI
DJULFXOWXUDOSURFHVVLQJHTXLSPHQW
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
1XPEHURI
*UDQXODWRUV
)HUPHQWHUV
PDFKLQHV
PDFKLQHV
6KHOOLQJ
3UHVVHV
+XOOLQJ
'U\HUV
5HJLRQ DJULFXOWXUDO
IDUPV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVE\W\SHRIDJULFXOWXUDO
SURFHVVLQJHTXLSPHQW
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
1XPEHURI
*UDQXODWRUV
)HUPHQWHUV
PDFKLQHV
PDFKLQHV
6KHOOLQJ
3UHVVHV
+XOOLQJ
'U\HUV
/HJDO6WDWXV DJULFXOWXUDO
IDUPV
78
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR W\SH RI
DJULFXOWXUDOHTXLSPHQW
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
0RWRUSXPS
&KDLQVDZV
6SUD\HUV
1XPEHURI
3ODQWHUV
6HHGHUV
5HJLRQ
DJULFXOWXUDOIDUPV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRW\SHRI
DJULFXOWXUDOHTXLSPHQW
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
0RWRUSXPS
1XPEHURI
&KDLQVDZV
6SUD\HUV
3ODQWHUV
6HHGHUV
/HJDOVWDWXV DJULFXOWXUDO
IDUPV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW*URXSLQJ
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
79
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV DFFRUGLQJ WR RWKHU
W\SHVRIDJULFXOWXUDOHTXLSPHQW
1XPEHURI 2WKHUW\SHVRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
/HJDOVWDWXV DJULFXOWXUDO 3ODWIRUP 3RZHU 5HIULJHUDWRUV 6RUWLQJ
IDUPV 6LORV
VFDOHV JHQHUDWRUV IUHH]HUV WDEOHV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//&
60//&
/LPLWHG/LDELOLW\
&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV DFFRUGLQJ WR RWKHU
W\SHVRIDJULFXOWXUDOHTXLSPHQW
1XPEHURI 2WKHUW\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
/HJDO6WDWXV DJULFXOWXUDO 3ODWIRUP 3RZHU 5HIULJHUDWRU 6RUWLQJ
6LORV
IDUPV VFDOHV JHQHUDWRUV IUHH]HUV WDEOHV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//&
60//&
/LPLWHG/LDELOLW\
&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
80
, ,QIUDVWUXFWXUHV
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR W\SH RI
LQIUDVWUXFWXUH
1XPEHURI 7\SHRILQIUDVWUXFWXUH
5HJLRQ DJULFXOWXUDO 'U\LQJ 6WRUDJH 'U\LQJ ,UULJDWLRQ $FFRPPRG
IDUPV 2IILFHV
DUHDV IDFLOLWLHV 8QLWV 8QLWV DWLRQV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDJURSDVWRUDOƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRW\SHRI
LQIUDVWUXFWXUH
1XPEHURI 7\SHRILQIUDVWUXFWXUH
/HJDO6WDWXV DJULFXOWXUDO 'U\LQJ 6WRUDJH 'U\LQJ ,UULJDWLRQ
IDUPV $FFRPPRGDWLRQV 2IILFHV
DUHDV IDFLOLWLHV 8QLWV 8QLWV
63
60//&
//&
3/&
(,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
81
, 685)$&($5($352'8&7,21$1'&523<,(/'
, 6XUIDFH$UHD&XOWLYDWHG
7DEOH 6XUIDFHDUHD LQKD FXOWLYDWHGLQE\UHJLRQ
5HJLRQ 6XUIDFHDUHD KD
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 6XUIDFH DUHD LQ KD FXOWLYDWHG LQ E\ ƏEXVLQHVVƏ IDUPV H[FHSW IRU VHHG
SURGXFHUV LQFODVVE\UHJLRQ
6XUIDFHDUHDFXOWLYDWHGLQFODVV
WRKD
WRKD
WRKD
KDDQG
WRKD
WRKD
WRKD
WRKD
/HVVWKDQ
RQH KD
5HJLRQ 7RWDO
PRUH
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
82
7DEOH 6XUIDFHDUHDFXOWLYDWHGLQ KD LQE\FURSJURXSDQGE\UHJLRQ
&URS
)UXLWSURGXFWLRQ
,QGXVWULDOFURSV
9HJHWDEOHV
5RRWVDQG
/HJXPHV
&HUHDOV
2WKHUV
WXEHUV
5HJLRQ
7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
:HVW
6RXWK
6RXWK:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 3URGXFWLRQ
7DEOH 3URGXFWLRQRIFHUHDOVDQGTXDQWLW\SURFHVVHGIROORZLQJWKHVXUIDFHDUHDKDUYHVWHG
LQ
$JULFXOWXUDOƏEXVLQHVVƏIDUPV
4XDQWLW\RIFHUHDOVSURFHVVHG
4XDQWLW\RIFHUHDOVSURGXFHG
6XUIDFHDUHDKDUYHVWHGLQ
6XUIDFHDUHDFXOWLYDWHGLQ
6KDUHRISURGXFWLRQ
LQKD
LQKD
&HUHDOFURSV SURFHVVHG
83
7DEOH 3URGXFWLRQRIFHUHDOV WRQQHV E\UHJLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVLQ
3URGXFWLRQRIFHUHDOV
5HJLRQ
0DL]H 5LFH 6RUJKXP
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 6XUIDFHDUHDSURGXFWLRQDQGSURFHVVHGTXDQWLW\RIOHJXPHVDQGRLOVHHGVLQ
OHJXPHVDQG
OHJXPHVDQG
6XUIDFHDUHD
6XUIDFHDUHD
KDUYHVWHGLQ
FXOWLYDWHGLQ
$JULFXOWXUDO
LQKD
LQKD
ƏEXVLQHVVƏ
4XDQWLW\RI
4XDQWLW\RI
SURGXFWLRQ
SURFHVVHG
SURFHVVHG
SURGXFHG
RLOVHHGV
RLOVHHGV
6KDUHRI
IDUPV
/HJXPHVDQGRLOVHHGV
SURFHVVHG
84
7DEOH 6XUIDFHDUHDSURGXFWLRQDQGSURFHVVHGTXDQWLW\RIURRWVDQGWXEHUV
4XDQWLW\RI 4XDQWLW\RI
$JULFXOWXUDO 6XUIDFHDUHD 6XUIDFHDUHD 6KDUHRI
5RRWVDQG URRWVDQG URRWVDQG
ƏEXVLQHVVƏ FXOWLYDWHGLQ KDUYHVWHGLQ SURGXFWLRQ
WXEHUV WXEHUV WXEHUV
IDUPV LQKD LQKD SURFHVVHG
SURGXFHG SURFHVVHG
<DP
&RFR\DP
&DVVDYD
3RWDWR
6ZHHWSRWDWR
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 3URGXFWLRQRIURRWVDQGWXEHUV WRQQHV E\UHJLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPV
LQ
5HJLRQ <DP &RFR\DP &DVVDYD 6ZHHWSRWDWR 3RWDWR
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH6XUIDFHDUHDSURGXFWLRQDQGSURFHVVHGTXDQWLW\RIYHJHWDEOHFURSV
6XUIDFH
4XDQWLW\RI 4XDQWLW\RI
$JULFXOWXUDO DUHD 6XUIDFHDUHD 6KDUHRI
YHJHWDEOH YHJHWDEOH
9HJHWDEOHVFURSV ƏEXVLQHVVƏ FXOWLYDWHG KDUYHVWHGLQ SURGXFWLRQ
FURSV FURSV
IDUPV LQ LQ LQKD SURFHVVHG
SURGXFHG SURFHVVHG
KD
&DEEDJH
:DWHUPHORQ
7RPDWR
&XFXPEHU
2QLRQ
%ODFNQLJKWVKDGH
]RP
'MDPDGMDPD
3HSSHU
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
85
7DEOH 3URGXFWLRQRIYHJHWDEOHFURSV WRQV E\UHJLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVLQ
%ODFN
QLJKWVKDGH
5HJLRQ &DEEDJH &XFXPEHU :DWHUPHORQ 3HSSHU 7RPDWR 2QLRQ
]RP
'MDPDGMDPD
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 6XUIDFHDUHDSURGXFWLRQDQGSURFHVVHGTXDQWLW\RIIUXLWFURSV
6XUIDFHDUHD 6XUIDFHDUHD 6KDUHRI
4XDQWLW\RIIUXLW 4XDQWLW\RIIUXLW
)UXLWFURSV FXOWLYDWHGLQ KDUYHVWHGLQ SURGXFWLRQ
SURGXFHG SURFHVVHG
LQKD LQKD SURFHVVHG
3ODQWDLQ
3LQHDSSOH
3HDU
/HPRQ
3DZSDZ
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 3URGXFWLRQRIIUXLWFURSV WRQQHV DFFRUGLQJWRUHJLRQRIDJULFXOWXUDOƏEXVLQHVVƏ
IDUPVLQ
5HJLRQ 3ODQWDLQ 3LQHDSSOH 3HDU /HPRQ 0DQJR 3DZSDZ 3OXP
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
86
7DEOH 6XUIDFHDUHDSURGXFWLRQDQGSURFHVVHGTXDQWLW\RISHUHQQLDOLQGXVWULDOFURSV
6XUIDFH 6XUIDFH
4XDQWLW\RI 4XDQWLW\RI
$JULFXOWXUDO DUHD DUHD 6KDUHRI
SHUHQQLDO SHUHQQLDO
3HUHQQLDOFURSV ƏEXVLQHVVƏ FXOWLYDWHG KDUYHVWHG SURGXFWLRQ
FURSV FURSV
IDUPV LQ LQ LQ LQ SURFHVVHG
SURGXFHG SURFHVVHG
KD KD
&RFRD
$UDELFD&RIIHH
%DQDQD
5REXVWD&RIIHH
5XEEHU
7HD
2LOSDOP
3HSSHU
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 3URGXFWLRQ RI LQGXVWULDO DQG H[SRUW FURSV WRQQHV E\ UHJLRQ RI DJULFXOWXUDO
ƏEXVLQHVVƏIDUPVLQ
5REXVWD&RIIHH
$UDELFD&RIIHH
6XJDUFDQH
2LOSDOP
%DQDQD
5XEEHU
3HSSHU
&RWWRQ
&RFRD
7HD
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
87
, 0DLQ'HVWLQDWLRQRI3URGXFWLRQ
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ PDLQ GHVWLQDWLRQ RI FHUHDO
SURGXFWLRQ
0DLQGHVWLQDWLRQRISURGXFWLRQ
0DLQGHVWLQDWLRQRISURGXFWLRQ
2LOVHHGV /RFDOPDUNHW 3URFHVVLQJ 3URGXFWLRQ
([SRUWZLWKRXW 3URFHVVLQJ
ZLWKRXW DQGORFDO IRURZQ 7RWDO
SURFHVVLQJ DQGH[SRUW
SURFHVVLQJ PDUNHW DFFRXQW
*URXQGQXW
%HDQ
&RZSHD
6R\D
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ PDLQ GHVWLQDWLRQ RI URRWV DQG
WXEHUVSURGXFWLRQ
0DLQGHVWLQDWLRQRISURGXFWLRQ
5RRWVDQG /RFDOPDUNHW 3URGXFWLRQ
WXEHUV 3URFHVVLQJDQG ([SRUWZLWKRXW 3URFHVVLQJDQG
ZLWKRXW IRURZQ 7RWDO
ORFDOPDUNHW SURFHVVLQJ H[SRUW
SURFHVVLQJ DFFRXQW
<DP
&RFR\DP
&DVVDYD
3RWDWR
6ZHHWSRWDWR
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
88
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ PDLQ GHVWLQDWLRQ RI YHJHWDEOH
FURSVSURGXFWLRQ
0DLQGHVWLQDWLRQRISURGXFWLRQ
9HJHWDEOH /RFDOPDUNHW 3URFHVVLQJ 3URGXFWLRQ
FURSV ([SRUWZLWKRXW 3URFHVVLQJ
ZLWKRXW DQGORFDO IRURZQ 7RWDO
SURFHVVLQJ DQGH[SRUW
SURFHVVLQJ PDUNHW DFFRXQW
7RPDWR
&XFXPEHU
&DEEDJH
2QLRQ
:DWHUPHORQ
%ODFN
QLJKWVKDGH
]RP
'MDPDGMDPD
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ PDLQ GHVWLQDWLRQ RI IUXLW FURSV
SURGXFWLRQ
0DLQGHVWLQDWLRQRISURGXFWLRQ
)UXLWFURSV /RFDOPDUNHW 3URFHVVLQJ 3URGXFWLRQ
([SRUWZLWKRXW 3URFHVVLQJ
ZLWKRXW DQGORFDO IRURZQ 7RWDO
SURFHVVLQJ DQGH[SRUW
SURFHVVLQJ PDUNHW DFFRXQW
3ODQWDLQ
3LQHDSSOH
3HDU
/HPRQ
3DZSDZ
3OXP
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJULFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ PDLQ GHVWLQDWLRQ RI LQGXVWULDO
FURSVSURGXFWLRQ
0DLQGHVWLQDWLRQRISURGXFWLRQ
,QGXVWULDO /RFDOPDUNHW 3URGXFWLRQ
3URFHVVLQJDQG ([SRUWZLWKRXW 3URFHVVLQJDQG
FURSV ZLWKRXW IRURZQ 7RWDO
ORFDOPDUNHW SURFHVVLQJ H[SRUW
SURFHVVLQJ DFFRXQW
&RFRD
$UDELFD&RIIHH
%DQDQD
5REXVWD
&RIIHH
&RWWRQ
5XEEHU
7HD
2LOSDOP
3HSSHU
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
89
, &21675$,176727+($*5,&8/785$/$&7,9,7,(62)
7+(%86,1(66
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO EXVLQHVVHV E\ UHJLRQ DFFRUGLQJ WR D JLYHQ W\SH RI
GLIILFXOW\
&RQVHUYDWLRQRUVWRUDJH
%XVLQHVVHVHQXPHUDWHG
0DVWHU\RISURGXFWLRQ
$FFHVVWRHOHFWULFLW\
3RVWKDUYHVWORVVHV
6DOHRISURGXFWLRQ
7UDQVSRUWDWLRQ
4XDOLW\VHHG
3URFHVVLQJ
WHFKQLTXHV
)LQDQFLQJ
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO EXVLQHVVHV E\ UHJLRQ DFFRUGLQJ WR D JLYHQ W\SH RI
GLIILFXOW\
$FFHVV
%XVLQHVVHV ,UUHJXODU
5HJLRQ %XVKILUHV )ORRGV WR 6HFXULW\ 'HVHUWLILFDWLRQ
HQXPHUDWHG VHDVRQV
ZDWHU
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
90
CHAPTER III.
LIVESTOCK BUSINESS FARMS
91
, &+$5$&7(5,6$7,212)/,9(672&.)$506
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRVSHFLHVUHDUHG
/DUJHOLYHVWRFN 6PDOOOLYHVWRFN
8QFRQYHQWLRQDO
3RXOWU\IDUPLQJ
%HHNHHSLQJ
7RWDOQXPEHU
EUHHGLQJ
RI
'RQNH\V
&DPHOV
+RUVHV
6KHHS
5HJLRQ
*RDWV
&DWWOH
3LJV
EXVLQHVVHV
HQXPHUDWHG
$GDPDZD
&HQWUH
,QFOXGLQJ
<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ
'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV E\ OHJDO VWDWXV DFFRUGLQJ WR W\SH RI
OLYHVWRFN
/DUJHOLYHVWRFN 6PDOOOLYHVWRFN
3RXOWU\IDUPLQJ
8QFRQYHQWLRQDO
%HHNHHSLQJ
7RWDOQXPEHU
RI
'RQNH\V
&DPHOV
+RUVHV
6KHHS
/HJDOVWDWXV
*RDWV
&DWWOH
3LJV
EXVLQHVVHV EUHHGLQJ
HQXPHUDWHG
92
,/,9(672&.$&7,9,7,(62872)328/75<)$50,1*
, /LYHVWRFN3URGXFWLRQ
, &DWWOH5HDULQJ
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRFDWWOHKHUGVL]H
1XPEHURIFDWWOHLQFODVV
5HJLRQ ²
² ² ² ² ² ² ²
KHDGV 7RWDO
KHDGV KHDGV KHDGV KHDGV KHDGV KHDGV KHDGV
KHDGV DQGPRUH
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRFDWWOHKHUG
VL]H
1XPEHURIFDWWOHLQFODVV
²KHDGV
²KHDGV
KHDGVDQG
²KHDGV
²KHDGV
²KHDGV
²KHDGV
²KHDGV
²KHDGV
/HJDOVWDWXV PRUH
7RWDO
6ROH3URSULHWRUVKLS 63
6LQJOH0HPEHU//&
60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
%XVLQHVV
3XEOLF(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
93
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 1XPEHURIFDWWOHIRXQGLQOLYHVWRFN©EXVLQHVVµIDUPVE\UHJLRQDQGE\VH[
6H[
5HJLRQ
0DOH )HPDOH 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 6KHHS5HDULQJ
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRVKHHSKHUGVL]H
LQKHDGFODVV
1XPEHURIVKHHSLQFODVV
²KHDGV
²KHDGV
KHDGVDQG
²KHDGV
²KHDGV
²KHDGV
²KHDGV
²KHDGV
5HJLRQ
PRUH
7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
94
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRVKHHSKHUG
VL]H
1XPEHURIVKHHSLQFODVV
²KHDGV
²KHDGV
KHDGVDQG
²KHDGV
²KHDGV
²KHDGV
²KHDGV
²KHDGV
/HJDOVWDWXV
PRUH
7RWDO
6ROH3URSULHWRUVKLS 63
6LQJOH0HPEHU//&
60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 1XPEHURIVKHHSIRXQGLQOLYHVWRFNƏEXVLQHVVƏIDUPVE\UHJLRQDQGE\VH[
6H[RIWKHDQLPDO
5HJLRQ
0DOH )HPDOH 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
95
, *RDW5HDULQJ
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRJRDWKHUGVL]HLQ
KHDGFODVV
1XPEHURIJRDWVLQFODVV
²KHDGV
²KHDGV
KHDGV
DQGPRUH
²
²
²
²
²
5HJLRQ
KHDGV
KHDGV
KHDGV
KHDGV
KHDGV
7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRJRDWKHUG
VL]HLQKHDGFODVV
1XPEHURIJRDWVLQFODVV
²KHDGV
²KHDGV
²KHDGV
²KHDGV
²KHDGV
KHDGV
DQGPRUH
²
²
/HJDOVWDWXV
KHDGV
KHDGV
7RWDO
6ROH3URSULHWRUVKLS
/LPLWHG/LDELOLW\&RPSDQ\
//&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
96
7DEOH 1XPEHURIJRDWVIRXQGLQOLYHVWRFNƏEXVLQHVVƏIDUPVE\UHJLRQDQGE\VH[
6H[RIWKHDQLPDO
5HJLRQ
0DOH)HPDOH 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 3LJ)DUPLQJ
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRSLJKHUGVL]HLQ
KHDGFODVV
1XPEHURISLJVLQFODVV
KHDGVDQG
²KHDGV
²KHDGV
²KHDGV
²KHDGV
²KHDGV
²
²
5HJLRQ KHDGV
KHDGV
PRUH
7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
97
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRSLJKHUG
VL]HLQKHDGFODVV
1XPEHURISLJVLQFODVV
²KHDGV
²KHDGV
KHDGVDQG
²KHDGV
²KHDGV
²KHDGV
²KHDGV
²KHDGV
/HJDOVWDWXV
PRUH
7RWDO
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//&
60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 1XPEHURISLJVIRXQGLQOLYHVWRFN´EXVLQHVVµIDUPVE\UHJLRQDQGE\VH[
6H[RIWKHDQLPDO
5HJLRQ
0DOH )HPDOH 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
98
, +256(&$0(/$1''21.(<5($5,1*
7DEOH 'LVWULEXWLRQ RI SDVWRUDO ƏEXVLQHVVƏ IDUPV E\ QXPEHU RI KRUVHV FDPHOV DQG
GRQNH\VIRXQGGXULQJYLVLWE\UHJLRQ
6SHFLHV
6SHFLHVUHDUHG 'RQNH\V +RUVHV &DPHO
0 ) 7RWDO 0 ) 7RWDO 0 ) 7RWDO
$GDPDZD
1RUWK:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 8QFRQYHQWLRQDO%UHHGLQJ
7DEOH 1XPEHURIXQFRQYHQWLRQDOVSHFLHVIRXQGLQƏEXVLQHVVƏIDUPVE\UHJLRQ
6SHFLHVUHDUHG
5HJLRQ
5DEELWV *XLQHDSHDV *UDVVFXWWHUV 4XDLOV 6QDLOV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
99
, 5HDULQJ6\VWHP
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\VSHFLHVDFFRUGLQJWRPDLQUHDULQJ
V\VWHP
5HDULQJV\VWHP
*URXQGOLWWHU
2QVWLOWVZLWK
3DGGRFNLQJ
5DQFKLQJ
5RDPLQJ
GLVSRVDO
6WDEOLQJ
3DVWXUH
%DWWHU\
V\VWHP
6SHFLHV
7RWDO
&DWWOH QF QF
6KHHS
*RDWV
3LJV
'RQNH\V
+RUVHV
&DPHOV
5DEELWV QF QF QF
*XLQHDSHDV QF QF QF
*UDVVFXWWHUV QF QF QF
4XDLOV QF QF QF
6QDLOV QF QF QF
2WKHUVH[FHSW
IRUSRXOWU\ QF QF
IDUPLQJ
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 0DQDJHPHQWRI$QLPDO3URGXFWLRQ)DUPV
, 6XUIDFH$UHDRI/LYHVWRFN%XLOGLQJV
7DEOH 'LVWULEXWLRQRIDJULFXOWXUDOƏEXVLQHVVƏIDUPVZLWKDWOHDVWRQHOLYHVWRFNEXLOGLQJE\
OHJDOVWDWXV
3RVVHVVLRQRIOLYHVWRFNEXLOGLQJV
/HJDOVWDWXV 7RWDO
<HV 1R
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
100
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVZLWKDWOHDVWRQHOLYHVWRFNEXLOGLQJE\
UHJLRQ
3RVVHVVLRQRIDOLYHVWRFNEXLOGLQJ
5HJLRQ
<HV 1R 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 6XUIDFHDUHDV LQP RIOLYHVWRFNEXLOGLQJVRQOLYHVWRFNƏEXVLQHVVƏIDUPVE\OHJDO
VWDWXV
$YHUDJH
7RWDOVXUIDFH
7RWDOVXUIDFH VXUIDFHDUHDRI
1XPEHURI DUHDRIWKH
DUHDRIOLYHVWRFN OLYHVWRFN
/HJDOVWDWXV IDUPV OLYHVWRFN
EXLOGLQJV EXLOGLQJV
EXLOGLQJVRQWKH
DFWXDOO\RSHUDWHG DFWXDOO\
IDUP
RSHUDWHG
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
101
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\VSHFLHVUHDUHGDFFRUGLQJWROLYHVWRFN
EXLOGLQJVXUIDFHDUHD
6XUIDFHDUHD P RIOLYHVWRFNEXLOGLQJV
6SHFLHVUHDUHG 1ROLYHVWRFN /HVVWKDQ DQG
WR WR 7RWDO
EXLOGLQJV PRUH
&DWWOH
6KHHS
*RDWV
3LJV
'RQNH\V
+RUVHV
&DPHOV
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV SUDFWLVLQJ XQFRQYHQWLRQDO EUHHGLQJ
DFFRUGLQJWROLYHVWRFNEXLOGLQJVXUIDFHDUHD
6XUIDFHDUHD P RIOLYHVWRFNEXLOGLQJV
6SHFLHVUHDUHG 1ROLYHVWRFN /HVVWKDQ DQG
WR WR 7RWDO
EXLOGLQJV PRUH
5DEELWV
*XLQHDSHDV
*UDVVFXWWHUV
4XDLOV
'RJV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH /LYHVWRFNEXLOGLQJVXUIDFHDUHDE\VSHFLHV
6XUIDFHDUHDRIOLYHVWRFNEXLOGLQJ Pñ
6SHFLHVUHDUHG
7RWDO $YHUDJH
&DWWOH
6KHHS
*RDWV
3LJV
'RQNH\V
+RUVHV
5DEELWV
*XLQHDSHDV
*UDVVFXWWHUV
4XDLOV
6QDLOV
2WKHUVH[FHSWIRUSRXOWU\IDUPLQJ
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
102
, 0RGHRI5HSURGXFWLRQ
D 7\SHRI0RGHRI5HSURGXFWLRQ
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\VSHFLHVUHDUHGDFFRUGLQJWRPRGHRI
UHSURGXFWLRQ
0RGHRIUHSURGXFWLRQ
6SHFLHV 7RWDOQXPEHU
7UDGLWLRQDO 0RGHUQ &RPELQHG
&DWWOH
6KHHS
*RDWV
3LJV
'RQNH\V
+RUVHV
&DPHOV
'RJV
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFN ƏEXVLQHVVƏ IDUPVE\OHJDOVWDWXVDFFRUGLQJWRPRGHRI
UHSURGXFWLRQIRUFDWWOHVSHFLHV
0RGHRIUHSURGXFWLRQ
/HJDOVWDWXV
7UDGLWLRQDO 0RGHUQ &RPELQHG 7RWDO
63
60//&
//&
3/&
(,*
(3$
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏ IDUPVE\OHJDOVWDWXVDFFRUGLQJWRPRGHRI
UHSURGXFWLRQIRUJRDWVSHFLHV
0RGHRIUHSURGXFWLRQ
/HJDOVWDWXV
7UDGLWLRQDO 0RGHUQ &RPELQHG 7RWDO
63
60//&
//&
3/&
(,*
(3$
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
103
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏ IDUPVE\OHJDOVWDWXVDFFRUGLQJWRPRGHRI
UHSURGXFWLRQIRUJRDWV
0RGHRIUHSURGXFWLRQ
/HJDOVWDWXV
7UDGLWLRQDO 0RGHUQ &RPELQHG 7RWDO
63
60//&
//&
3/&
(,*
(3$
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFN ƏEXVLQHVVƏ IDUPVE\OHJDOVWDWXVDFFRUGLQJWRPRGHRI
UHSURGXFWLRQIRUVSHFLHV
0RGHRIUHSURGXFWLRQ
/HJDOVWDWXV
7UDGLWLRQDO 0RGHUQ &RPELQHG 7RWDO
63
60//&
//&
3/&
(,*
(3$
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ´EXVLQHVVµ IDUPV UHDULQJ XQFRQYHQWLRQDO VSHFLHV E\
VSHFLHVIRUPRGHRIUHSURGXFWLRQ
0RGHRIUHSURGXFWLRQ
6SHFLHV 7RWDOQXPEHU
7UDGLWLRQDO 0RGHUQ
5DEELWV
*XLQHDSHDV
*UDVVFXWWHUV
4XDLOV
6QDLOV
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
104
E 3UDFWLFHRI&DOYLQJ
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVSUDFWLVLQJFDOYLQJE\UHJLRQ
&DOYLQJ
5HJLRQ
<HV 1R 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVSUDFWLVLQJFDOYLQJE\OHJDOVWDWXV
&DOYLQJ
/HJDOVWDWXV
<HV 1R 7RWDO
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
105
F 3UDFWLFHRI*HQHWLF,PSURYHPHQW
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV SUDFWLVLQJ JHQHWLF LPSURYHPHQW E\
UHJLRQ
3UDFWLFHRIJHQHWLFLPSURYHPHQW
5HJLRQ
<HV 1R 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVSUDFWLVLQJJHQHWLFLPSURYHPHQWE\OHJDO
VWDWXV
3UDFWLFHRIJHQHWLFLPSURYHPHQW
/HJDOVWDWXV
<HV 1R 7RWDO
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
106
7DEOH 'LVWULEXWLRQRIDQLPDOSURGXFWLRQƏEXVLQHVVƏIDUPVDFFRUGLQJWRPHWKRGRIJHQHWLF
LPSURYHPHQWE\UHJLRQ
7\SHRIJHQHWLFLPSURYHPHQWRIKHUG
5HJLRQ
1DWXUDOPDWLQJ $UWLILFLDOLQVHPLQDWLRQ (PEU\RWUDQVIHU 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 9HWHULQDU\6HUYLFHV3URSK\OD[LV
D 8VHRI9HWHULQDU\6HUYLFHV
7DEOH 'LVWULEXWLRQRIDQLPDOSURGXFWLRQƏEXVLQHVVƏIDUPVXVLQJYHWHULQDU\VHUYLFHVE\
VSHFLHV
6SHFLHV <HV 1R 7RWDO
&DWWOH
6KHHS
*RDW
3LJ
'RQNH\
+RUVH
&DPHO
2WKHUVH[FHSWIRUSRXOWU\IDUPLQJ
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI ƏEXVLQHVVƏ IDUPV SUDFWLVLQJ XQFRQYHQWLRQDO OLYHVWRFN XVLQJ
YHWHULQDU\VHUYLFHVE\VSHFLHVUHDUHG
6SHFLHV <HV 1R 7RWDO
5DEELWV
*XLQHDSHDV
*UDVVFXWWHUV
4XDLOV
6QDLOV
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
107
E 3URSK\OD[LV
7DEOH 'LVWULEXWLRQRISDVWRUDOƏEXVLQHVVƏIDUPVXVLQJYDFFLQHVRUGUXJVE\UHJLRQ
1XPEHURISDVWRUDO 8VHRIYHWHULQDU\
5HJLRQ 8VHRIYHWHULQDU\GUXJV
IDUPV YDFFLQHV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
:HVW
6RXWK
6RXWK:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, )HHGLQJ
7DEOH 'LVWULEXWLRQRIDQLPDOSURGXFWLRQƏEXVLQHVVƏIDUPVSUDFWLVLQJIDWWHQLQJE\UHJLRQ
3UDFWLFHRIIDWWHQLQJRQWKHIDUP
5HJLRQ 7RWDO
<HV 1R
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
108
7DEOH 'LVWULEXWLRQRISDVWRUDOƏEXVLQHVVƏIDUPVE\VSHFLHVIDWWHQHGE\UHJLRQ
7RWDOQXPEHU 6SHFLHVIDWWHQHG
5HJLRQ
RIIDUPV &DWWOH 6KHHS *RDW +RUVH
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIEXVLQHVVHVSUDFWLVLQJIRUPVRIIHHGFRQVHUYDWLRQE\UHJLRQ
:KLFKIRUPRIIHHGFRQVHUYDWLRQGR\RXSUDFWLVH"
5HJLRQ
+D\ 6LODJH 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
109
7DEOH 'LVWULEXWLRQRIEXVLQHVVHVSUDFWLVLQJIRUPVRIIHHGFRQVHUYDWLRQE\OHJDOVWDWXV
:KLFKIRUPRIIHHGFRQVHUYDWLRQGR\RXSUDFWLVH"
/HJDO6WDWXV
+D\ 6LODJH 7RWDO
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDQLPDOSURGXFWLRQƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRXVHRI
IHHGDGGLWLYHV
'R\RXXVHIHHGDGGLWLYHV"
5HJLRQ
<HV 1R 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVXVLQJIHHGDGGLWLYHVE\OHJDOVWDWXV
8VHRIIHHGDGGLWLYHV
/HJDO6WDWXV
<HV 1R 7RWDO
63
60//&
//&
3/&
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
110
7DEOH 'LVWULEXWLRQ RI DQLPDO SURGXFWLRQ ƏEXVLQHVVƏ IDUPV E\ W\SH RI IHHG DGGLWLYHV
DFFRUGLQJWRUHJLRQ
7\SHRIIHHGDGGLWLYHVPDLQO\XVHG
5HJLRQ %UHZHU·V 7RWDO
&RWWRQFDNH %UDQV 0LGGOLQJV 2WKHUV
VSHQWJUDLQV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, (TXLSPHQWDQG,QIUDVWUXFWXUH
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVXVLQJOLYHVWRFNHTXLSPHQWE\UHJLRQ
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
$XWRPDWLFV\ULQJHV
$XWRPDWLFZDWHUHUV
,PSURYHGIHHGHUV
,QVHPLQDWLRQNLWV
/LYHVWRFNVFDOHV
0L[HUV*ULQGHUV
1XPEHURI
5HJLRQ SDVWRUDO
EXVLQHVVHV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
111
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV XVLQJ OLYHVWRFN HTXLSPHQW E\ OHJDO
VWDWXV
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
$XWRPDWLFV\ULQJHV
$XWRPDWLFZDWHUHUV
,PSURYHGIHHGHUV
,QVHPLQDWLRQNLWV
/LYHVWRFNVFDOHV
0L[HUV*ULQGHUV
1XPEHURI
/HJDOVWDWXV SDVWRUDO
EXVLQHVVHV
63
60//&
//&
3/&
(,*
(QWHUSULVH
3XEOLF(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVXVLQJOLYHVWRFNHTXLSPHQWE\UHJLRQ
1XPEHURI 7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
5HJLRQ SDVWRUDO 0LONLQJ
EXVLQHVVHV PDFKLQHV ,QFXEDWRUVEURRGHUV +RQH\H[WUDFWLRQNLWV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
112
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV XVLQJ OLYHVWRFN HTXLSPHQW E\ OHJDO
VWDWXV
1XPEHURI 7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
/HJDOVWDWXV SDVWRUDO 0LONLQJ
EXVLQHVVHV PDFKLQHV ,QFXEDWRUVEURRGHUV +RQH\H[WUDFWLRQNLWV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//&
60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV XVLQJ JHQHUDOSXUSRVH HTXLSPHQW E\
UHJLRQ
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
1XPEHURI
3ODWIRU 9HKLFOHVIRU
5HJLRQ SDVWRUDO 3RZHU 5HIULJHUDWRUV
$HUDWRUV P DJURSDVWRUDO
EXVLQHVVHV JHQHUDWRUV IUHH]HUV
VFDOHV DFWLYLWLHV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
113
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV XVLQJ JHQHUDOSXUSRVH HTXLSPHQW E\
OHJDOVWDWXV
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
1XPEHURI
/HJDOVWDWXV SDVWRUDO 9HKLFOHVIRU
3RZHU 5HIULJHUDWRUV 3ODWIRUP
EXVLQHVVHV JHQHUDWRUV $HUDWRUV DJURSDVWRUDO
IUHH]HUV VFDOHV
DFWLYLWLHV
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//&
60//&
/LPLWHG/LDELOLW\&RPSDQ\
//&
3XEOLF/LPLWHG&RPSDQ\
3/&
(FRQRPLF,QWHUHVW
*URXSLQJ (,*
(QWHUSULVH
3XEOLF(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVXVLQJHTXLSPHQWE\UHJLRQ
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
1XPEHURISDVWRUDO
5HJLRQ ,QFXEDWLRQ %DWWHU\FDJHVIRU
EXVLQHVVHV 6PRNHUV
FRQWDLQHUV OD\LQJKHQV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
114
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVXVLQJHTXLSPHQWE\OHJDOVWDWXV
7\SHRIDJURSDVWRUDODQGDTXDFXOWXUDOHTXLSPHQW
1XPEHURISDVWRUDO
/HJDOVWDWXV ,QFXEDWLRQ %DWWHU\FDJHVIRU
EXVLQHVVHV 6PRNHUV
FRQWDLQHUV OD\LQJKHQV
63
60//&
//&
3/&
(,*
(QWHUSULVH
3XEOLF(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, $QLPDO7UDFWLRQ
7DEOH 1XPEHURIGUDXJKWDQLPDOVE\UHJLRQ
5HJLRQ 'RQNH\V +RUVHV &DPHOV
$GDPDZD
)DU1RUWK
1RUWK:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIGUDXJKWDQLPDOVE\OHJDOVWDWXV
/HJDO6WDWXV 'RQNH\V 2[HQ +RUVHV
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
115
, 3URGXFWLRQ
, 0LON3URGXFWLRQ 48$17,7<352'8&('
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVSURGXFLQJPLONE\OHJDOVWDWXV
)UHVKPLONSURGXFWLRQ
/HJDOVWDWXV
<HV 1R 7RWDO
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 4XDQWLWLHVRIPLONSURGXFHGLQE\UHJLRQLQOLYHVWRFNƏEXVLQHVVƏIDUPV
7RWDOTXDQWLW\RIIUHVK $YHUDJHTXDQWLW\RI
5HJLRQ 1XPEHURIIDUPV
PLON\HDU / IUHVKPLON\HDU /
$GDPDZD
116
, 0DLQ'HVWLQDWLRQRI3URGXFWLRQ
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV E\ VSHFLHV UHDUHG E\ GHVWLQDWLRQ RI
SURGXFWLRQ
0DLQGHVWLQDWLRQRISURGXFWLRQ
ZLWKRXWSURFHVVLQJ
3URFHVVLQJDQG
3URFHVVLQJDQG
([SRUWZLWKRXW
3URGXFWLRQIRU
RQH·VDFFRXQW
/RFDOPDUNHW
ORFDOPDUNHW
SURFHVVLQJ
6SHFLHV
H[SRUW
7RWDO
&DWWOH
6KHHS
*RDW
3LJ
'RQNH\
+RUVH
&DPHO
5DEELWV
*XLQHDSHDV
*UDVVFXWWHUV
4XDLOV
6QDLOV
2WKHUVH[FHSWIRUSRXOWU\IDUPLQJ
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
117
,328/75<)$50,1*
, 0RGHUQ3RXOWU\)DUPLQJ
, 6SHFLHV5HDUHG
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRW\SHRISRXOWU\
UDLVHG
3RXOWU\UDLVHG
1XPEHURI
5HJLRQ 3DUHQW
IDUPV %URLOHUV /D\LQJKHQV 7XUNH\V
VWRFNV
$GDPDZD
&HQWUH
,QFOXGLQJ
<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 0DQDJHPHQWRIWKH)DUP
D )HHGLQJ 3URGXFWLRQRI)HHG
7DEOH 'LVWULEXWLRQRISDVWRUDOƏEXVLQHVVƏIDUPVSURGXFLQJIHHGE\UHJLRQDQGSODFHRI
UHVLGHQFH
1XPEHURIEXVLQHVVHV
7RWDOTXDQWLW\RIIHHG $YHUDJHTXDQWLW\RIIHHG
5HJLRQ
SURGXFLQJIHHG W W
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
118
E $FFRPPRGDWLRQ&DSDFLW\1XPEHUDQG3URGXFWLRQ
7DEOH $FFRPPRGDWLRQ FDSDFLW\ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR
SRXOWU\VSHFLHV
6SHFLHV LQQXPEHURIKHDGVRISRXOWU\
5HJLRQ
%URLOHUV /D\LQJKHQV 3DUHQWVWRFNV 7XUNH\V
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRISRXOWU\ƏEXVLQHVVƏIDUPVE\DFFRPPRGDWLRQFDSDFLW\DFFRUGLQJWR
VSHFLHV
$FFRPPRGDWLRQ 6SHFLHV
FDSDFLW\ %URLOHUV /D\LQJKHQ 3DUHQWVWRFNV 7XUNH\
/HVVWKDQ
WR
WR
WR
WR
WR
0RUHWKDQ
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
119
7DEOH 'LVWULEXWLRQRISRXOWU\ƏEXVLQHVVƏIDUPVE\DFFRPPRGDWLRQFDSDFLW\ QXPEHURI
KHDGV RIEURLOHUV
%URLOHUV
5HJLRQ 0RUH
/HVVWKDQ WR WR WR WR WR
WKDQ 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRISRXOWU\ƏEXVLQHVVƏIDUPVE\DFFRPPRGDWLRQFDSDFLW\ QXPEHURI
KHDGV RIOD\LQJKHQV
/D\LQJKHQV
5HJLRQ 0RUH
/HVVWKDQ WR WR WR WR WR
WKDQ 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
120
7DEOH 'LVWULEXWLRQRISRXOWU\ƏEXVLQHVVƏIDUPVE\DFFRPPRGDWLRQFDSDFLW\ QXPEHURI
KHDGV RISDUHQWVWRFNV
3DUHQWVWRFNV
0RUH
5HJLRQ /HVVWKDQ WR WR WR WR WR
WKDQ 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRISRXOWU\ƏEXVLQHVVƏIDUPVE\DFFRPPRGDWLRQFDSDFLW\ QXPEHURI
KHDGV RIWXUNH\V
7XUNH\V
0RUH
5HJLRQ /HVV WR WR WR WR WR
WKDQ 7RWDO
WKDQ
/LWWRUDO
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
F 1XPEHURI6SHQW)RZOV
7DEOH 1XPEHURIVSHQWIRZOVLQWKHSDVWPRQWKVE\UHJLRQDFFRUGLQJWRVSHFLHV
6SHFLHV
5HJLRQ
/D\LQJKHQV 3DUHQWVWRFNV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
121
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
G 1XPEHURI0RGHUQ3RXOWU\E\5HJLRQ
7DEOH 7RWDOQXPEHURISRXOWU\UDLVHGLQE\UHJLRQDFFRUGLQJWRVSHFLHV
6SHFLHV
%URLOHUV /D\LQJKHQV 3DUHQWVWRFNV 7XUNH\V
7RWDOSURGXFWLRQRI
$YHUDJHQXPEHU
$YHUDJHQXPEHU
$YHUDJHQXPEHU
$YHUDJHQXPEHU
OLYHSRXOWU\
RIIORFNV\HDU
RIIORFNV\HDU
RIIORFNV\HDU
RIIORFNV\HDU
5HJLRQ
1XPEHU
1XPEHU
1XPEHU
1XPEHU
$GDPDZD
&HQWUH
,QFOXGLQJ
<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIOLYHVWRFNƏEXVLQHVVƏIDUPVE\VSHFLHVLQKHDGFODVV
6SHFLHVUHDUHGLQ
1XPEHURIKHDGV
%URLOHUV /D\LQJKHQV 3DUHQWVWRFNV 7XUNH\V
/HVVWKDQ
WR
WR
WR
WR
WR
0RUHWKDQ
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
122
7DEOH 'LVWULEXWLRQRISRXOWU\ƏEXVLQHVVƏIDUPVE\QXPEHURIKHDGVRIEURLOHUV
%URLOHUV
/HVV 0RUH
5HJLRQ WR WR
WKDQ WR WR WR WKDQ 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRISRXOWU\ƏEXVLQHVVƏIDUPVE\QXPEHURIKHDGVRIWXUNH\V
7XUNH\V
/HVV 0RUH
5HJLRQ WR
WKDQ WR WR WR WR WKDQ 7RWDO
/LWWRUDO
:HVW
6RXWK
6RXWK
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRISRXOWU\ƏEXVLQHVVƏIDUPVE\QXPEHURIKHDGVRIOD\LQJKHQV
/D\LQJKHQV
/HVV 0RUH
5HJLRQ WR WR
WKDQ WR WR WR WKDQ 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
123
7DEOH 'LVWULEXWLRQRISRXOWU\ƏEXVLQHVVƏIDUPVE\QXPEHURIKHDGVRISDUHQWVWRFNV
3DUHQWVWRFNV
5HJLRQ /HVV 0RUH
WKDQ WR WR WR WR WR WKDQ 7RWDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
H 3URGXFWLRQRI(JJVDQG&KLFNV
7DEOH 7RWDOSURGXFWLRQRIHJJVDQGFKLFNVE\UHJLRQDFFRUGLQJWRSRXOWU\VSHFLHV
3URGXFWV
5HJLRQ
(JJV &KLFNV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
124
I 'HVWLQDWLRQRI3URGXFWLRQ
7DEOH 'LVWULEXWLRQ RI SRXOWU\ ƏEXVLQHVVƏ IDUPV E\ VSHFLHV UHDUHG DFFRUGLQJ WR
GHVWLQDWLRQRISURGXFWLRQ
/RFDOPDUNHWZLWKRXW
3URFHVVLQJDQGORFDO
3URGXFWLRQIRURQH·V
1XPEHURIIDUPV
3URFHVVLQJDQG
([SRUWZLWKRXW
SURFHVVLQJ
SURFHVVLQJ
LQYROYHG
DFFRXQW
PDUNHW
H[SRUW
6SHFLHV
%URLOHUV
/D\LQJKHQ
3DUHQWVWRFNV
7XUNH\
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 27+(5328/75<)$50,1*
, $FFRPPRGDWLRQ&DSDFLW\DQG1XPEHURI6SHFLHV5HDUHG
7DEOH 'LVWULEXWLRQ RI OLYHVWRFN ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR RWKHU SRXOWU\
VSHFLHV
1XPEHURI 2WKHU
/RFDO *XLQHD
5HJLRQ IDUPV 'XFNV JHHVH 7XUNH\V 3LJHRQV W\SHVRI
FKLFNHQV IRZOV
LQYROYHG IRZOV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
:HVW
6RXWK
6RXWK:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
125
7DEOH 1XPEHURIRWKHUSRXOWU\E\UHJLRQ
6SHFLHV
5HJLRQ /RFDO JHHV *XLQHD 7XUNH\ 2WKHUW\SH
'XFNV 3LJHRQV
FKLFNHQV H IRZOV V RIIRZO
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, 'HVWLQDWLRQRI2WKHU3RXOWU\
7DEOH 'LVWULEXWLRQ RI SRXOWU\ ƏEXVLQHVVƏ IDUPV E\ RWKHU SRXOWU\ VSHFLHV DFFRUGLQJ WR
GHVWLQDWLRQRISURGXFWLRQ
2WKHU
7RWDOQXPEHU /RFDO *XLQHD
'HVWLQDWLRQ 'XFNV JHHVH 7XUNH\V 3LJHRQV W\SHVRI
RIIDUPV FKLFNHQV IRZOV
IRZOV
/RFDOPDUNHW
3URGXFWLRQIRURZQ
DFFRXQW
3URFHVVLQJDQGORFDO
PDUNHW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
126
,%((.((3,1*
, &KDUDFWHULVWLFVRI%HHNHHSLQJƏ%XVLQHVVƏ)DUPV
7DEOH 'LVWULEXWLRQRISDVWRUDOIDUPVE\W\SHRIEHHNHHSLQJSUDFWLVHGDFFRUGLQJWRUHJLRQ
7\SHRIEHHNHHSLQJ
5HJLRQ 7RWDO
7UDGLWLRQDO 0RGHUQ %RWK
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI SDVWRUDO ƏEXVLQHVVƏ IDUPV E\ W\SH RI EHHNHHSLQJ SUDFWLVHG
DFFRUGLQJWROHJDOVWDWXV
7UDGLWLRQDO 0RGHUQ %RWK 7RWDO
/HJDOVWDWXV
1XPEHU 1XPEHU 1XPEHU 1XPEHU
63
60//&
//&
3/&
(,*
3XEOLF
&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
127
7DEOH 1XPEHURIEHHKLYHVE\W\SHRIEHHKLYHVDQGE\UHJLRQ
1XPEHURIIL[HGEHH 1XPEHURIPRELOHEHH
5HJLRQ 7RWDO
KLYHVFRORQLVHG KLYHVFRORQLVHG
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, %\3URGXFWV
7DEOH 3URGXFWLRQRIEHHNHHSLQJE\SURGXFWVDFFRUGLQJWRUHJLRQDQGW\SHRISURGXFW
4XDQWLW\RIKRQH\ 4XDQWLW\RISURSROLV
4XDQWLW\RIZD[SURGXFHG
5HJLRQ SURGXFHGLQ LQ SURGXFHGLQ LQ
LQ LQNJ
OLWUHV JUDPV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
128
, 48$17,7<2)+21(</267,1
7DEOH 4XDQWLW\RIKRQH\SURGXFHGDQGORVWE\UHJLRQ
4XDQWLW\RIKRQH\SURGXFHG 4XDQWLW\RIKRQH\ORVW
5HJLRQ /RVVUDWH
,Q LQOLWUHV ,Q LQOLWUHV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
129
,&21675$,1765(/$7('72/,9(672&.
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO EXVLQHVVHV E\ UHJLRQ DFFRUGLQJ WR D JLYHQ W\SH RI
QDWXUDOFRQVWUDLQW
&RQVWUDLQWV
7RWDOQXPEHU 6HFXULW\
5HJLRQ RISDVWRUDO $FFHVV WKHIW
%XVK
IDUPV (SL]RRWLFV )ORRGV WR NLGQDSSLQJ 'HVHUWLILFDWLRQ
ILUHV
ZDWHU RISHUVRQQHO
YDQGDOLVP
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO EXVLQHVVHV E\ UHJLRQ DFFRUGLQJ WR D JLYHQ W\SH RI
WHFKQLFDOGLIILFXOW\
'LIILFXOWLHV
/LYHVWRFNZDWHULQJ
6DOHRISURGXFWLRQ
&RQVHUYDWLRQRU
9HWHULQDU\FDUH
7UDQVSRUWDWLRQ
7RWDOQXPEHU
3URFHVVLQJ
WHFKQLTXHV
SURGXFWLRQ
0DVWHU\RI
)LQDQFLQJ
$FFHVVWR
HOHFWULFLW\
VWRUDJH
5HJLRQ RISDVWRUDO
IDUPV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
130
CHAPTER IV.
AQUACULTURAL BUSINESS FARMS
131
,&+$5$&7(5,67,&62))$506
, 1XPEHURI)DUPV,QYROYHG
7DEOH 'LVWULEXWLRQRIDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\UHJLRQDFFRUGLQJWRWKHQXPEHU
RIVLWHV
0RGHRIDTXDFXOWXUDOIDUP
5HJLRQ $JURSDVWRUDODQG
3XUH$TXDFXOWXUH 7RWDO
DTXDFXOWXUDO
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQRIDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\OHJDOVWDWXV
7\SHRIIDUP
/HJDOVWDWXV $JURSDVWRUDODQG
3XUH$TXDFXOWXUH 7RWDO
DTXDFXOWXUDO
6ROH3URSULHWRUVKLS
6LQJOH0HPEHU//& 60//&
/LPLWHG/LDELOLW\&RPSDQ\ //&
3XEOLF/LPLWHG&RPSDQ\ 3/&
(FRQRPLF,QWHUHVW*URXSLQJ (,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
132
, 3URPRWHU·V/HJDO6WDWXVDQG1DWLRQDOLW\
7DEOH 'LVWULEXWLRQRIDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\OHJDOVWDWXV
/HJDOVWDWXV 1XPEHU
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR WKH
QDWLRQDOLW\RIWKHSURPRWHU
1DWLRQDOLW\RIWKHEXVLQHVVPDQDJHU
5HJLRQ 7RWDO
&DPHURRQLDQ )RUHLJQHU
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
133
, $TXDFXOWXUDO6SHFLHV5HDUHG
7DEOH 'LVWULEXWLRQ RI DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR VSHFLHV
UHDUHG
)LVKVSHFLHV
1XPEHURI +HPLFKURPLV
5HJLRQ +HWURWLV6S
IDUPV 7LODSLD &DWILVK &DUS 9LSHUILVK 6S *HQGDUPH
.DQJD
ILVK
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
, ,QIUDVWUXFWXUHDQG$FFRPPRGDWLRQ&DSDFLW\
7DEOH 'LVWULEXWLRQ RI DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR W\SH RI
OLYHVWRFNLQIUDVWUXFWXUH
7\SHVRIDTXDFXOWXUDOLQIUDVWUXFWXUH
3ODVWLF
1XPEHURI WDUSDXOLQ
5HJLRQ (DUWKHQ )ORDWLQJ &RQFUHWH
IDUPV (QFORVXUHV +DSDV RU
SRQGV FDJHV WDQNV
ILEUHJODVV
WDQNV
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
134
7DEOH 'LVWULEXWLRQRIDTXDFXOWXUDOƏEXVLQHVVƏIDUPVE\OHJDOVWDWXVDFFRUGLQJWRW\SHRI
LQIUDVWUXFWXUH
7\SHRIDTXDFXOWXUDOHTXLSPHQW
%XVLQHVVHV 3ODVWLF
/HJDOVWDWXV (DUWKHQ (QFORVX )ORDWLQJ WDUSDXOLQ &RQFUHWH
HQXPHUDWHG +DSDV
SRQGV UHV FDJHV ILEHUJODVV WDQNV
WDQNV
63
60//&
//&
3/&
(,*
(QWHUSULVH3XEOLF
,QVWLWXWLRQ
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DTXDFXOWXUDO ƏEXVLQHVVƏ IDUPV E\ UHJLRQ DFFRUGLQJ WR W\SH RI
HTXLSPHQW
7\SHRIDTXDFXOWXUDOHTXLSPHQW
5HJLRQ 1XPEHURIIDUPV
)LVKKDWFKHU\ +DWFKHU\NLW :DWHUWHVWNLW
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
135
7DEOH $FFRPPRGDWLRQFDSDFLW\ IRUOLYHVWRFN LQIUDVWUXFWXUHRIDTXDFXOWXUDOƏEXVLQHVVƏ
IDUPVE\UHJLRQ
7RWDOQXPEHURI
$FFRPPRGDWLRQ $FFRPPRGDWLR
5HJLRQ DTXDFXOWXUDO 4XDQWLW\ 4XDQWLW\
FDSDFLW\ Pñ QFDSDFLW\ P
EXVLQHVVHV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
136
,352'8&7,212)$48$&8/785$/)$50
7DEOH 3URGXFWLRQRIILVKDQGILQJHUOLQJVE\UHJLRQLQ
7RWDOQXPEHURI
4XDQWLW\RIILVKSURGXFHG 4XDQWLW\RIILQJHUOLQJV
5HJLRQ DTXDFXOWXUDO
LQ LQWRQQHV SURGXFHGLQ
EXVLQHVVHV
$GDPDZD
&HQWUH
,QFOXGLQJ<DRXQGp
(DVW
)DU1RUWK
/LWWRUDO
,QFOXGLQJ'RXDOD
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 3URGXFWLRQRIILVKDQGILQJHUOLQJVDFFRUGLQJWRWKHQDWLRQDOLW\RIWKHSURPRWHUE\
UHJLRQLQ
7RWDOQXPEHURI 4XDQWLW\RIILVKSURGXFHGLQ 4XDQWLW\RIILQJHUOLQJV
1DWLRQDOLW\
DTXDFXOWXUDOEXVLQHVVHV LQWRQQHV SURGXFHGLQ
&DPHURRQLDQ
)RUHLJQHU
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 3URGXFWLRQRIILVKDQGILQJHUOLQJVE\OHJDOVWDWXVRIWKHEXVLQHVVLQ
7RWDOQXPEHURI 4XDQWLW\RIILVK
4XDQWLW\RIILQJHUOLQJV
/HJDOVWDWXV DTXDFXOWXUDO SURGXFHGLQ LQ
SURGXFHGLQ
EXVLQHVVHV WRQQHV
63
60//&
//&
3/&
(,*
3XEOLF&RPSDQ\(VWDEOLVKPHQW
&223&$
6&2236&,*
2WKHUV
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
137
,&21675$,1765(/$7('72$48$&8/785(
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO EXVLQHVVHV E\ UHJLRQ DFFRUGLQJ WR GLIILFXOW\
HQFRXQWHUHG
'LIILFXOW\
5HJLRQ &RQVHUYDWLRQ 6DOHRI $FFHVVWR
7UDQVSRUWDWLRQ 6HFXULW\ )LQDQFLQJ
RUVWRUDJH SURGXFWLRQ HOHFWULFLW\
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
7DEOH 'LVWULEXWLRQ RI DJURSDVWRUDO EXVLQHVVHV E\ UHJLRQ DFFRUGLQJ WR GLIILFXOW\
HQFRXQWHUHG FRQW·G
'LIILFXOW\
,UUHJXODUVHDVRQV
/DQGDFTXLVLWLRQ
$FFHVVWRZDWHU
/DQGWHQXUH
3URFHVVLQJ
WHFKQLTXHV
SURGXFWLRQ
0DVWHU\RI
%XVKILUHV
)ORRGV
5HJLRQ
$GDPDZD
&HQWUH
(DVW
)DU1RUWK
/LWWRUDO
1RUWK
1RUWK:HVW
6RXWK
6RXWK:HVW
:HVW
7RWDO
6RXUFH*&$/&RUH0RGXOHƎ%XVLQHVVƎ&RPSRQHQW
138
APPENDICES
139
$33(1',;352'8&7,2167$))2)7+(&25(02'8/(%86,1(66
&20321(17
*(1(5$/683(59,6,21
&R&KDLUSHUVRQVRIWKH1DWLRQDO7HFKQLFDO&RPPLWWHHRIWKH*HQHUDO&HQVXV
RI$JULFXOWXUHDQG/LYHVWRFN
0LQLVWHURI$JULFXOWXUHDQG5XUDO'HYHORSPHQW
*DEULHO0%$,52%( 6LQFH-DQXDU\
+HQUL(<(%($<,66, )URPWR
0LQLVWHURI/LYHVWRFN)LVKHULHVDQG$QLPDO,QGXVWULHV
'U7$Í*$
&R9LFH&KDLUSHUVRQVRIWKH1DWLRQDO7HFKQLFDO&RPPLWWHHRIWKH*HQHUDO&HQVXV
RI$JULFXOWXUHDQG/LYHVWRFN
-RVHSK7('28'LUHFWRU*HQHUDORIWKH1DWLRQDO,QVWLWXWHRI6WDWLVWLFV
%HUQDGHWWH0%$5*$'LUHFWRU*HQHUDORIWKH&HQWUDO%XUHDXRI&HQVXVDQG3RSXODWLRQ6WXGLHV
*(1(5$/&225',1$7,21
0LQLVWHU'HOHJDWHWRWKH0LQLVWHURI$JULFXOWXUHDQG
5XUDO'HYHORSPHQWLQFKDUJHRI5XUDO'HYHORSPHQW
&OpPHQWLQH$1$1*$0(66,1$
6HFUHWDU\*HQHUDORIWKH0LQLVWU\RI$JULFXOWXUHDQG5XUDO'HYHORSPHQW
3URI%$0%27*UDFH$11,+QpH0%21*
6HFUHWDU\*HQHUDORIWKH0LQLVWU\RI/LYHVWRFN)LVKHULHVDQG$QLPDO,QGXVWULHV
*LGDGR-$-,0$18
&(175$/&225',1$7,21
1DWLRQDO&RRUGLQDWRURIWKH*HQHUDO&HQVXVRI$JULFXOWXUHDQG/LYHVWRFN
'LUHFWRURI$JULFXOWXUDO6XUYH\VDQG6WDWLVWLFV
$QGUp0%$,5$12'-, 6LQFH2FWREHU
/DXUHQW0$1*$%(/$ )URP0D\WR6HSWHPEHU
'HSXW\1DWLRQDO&RRUGLQDWRURIWKH*HQHUDO&HQVXVRI$JULFXOWXUHDQG/LYHVWRFN
+HDGRIWKH6WXGLHV3ODQQLQJ&RRSHUDWLRQDQG6WDWLVWLFV'LYLVLRQ
'U+HQU\6HUJH.(0*$1* 6LQFH2FWREHU
'U$PDGRX1&+$5( )URP0D\WR6HSWHPEHU
7HFKQLFDO&RRUGLQDWRUV
6pEDVWLHQ'-,(128$66,
+HDGRIWKH0HWKRGRORJ\DQG)LHOG2SHUDWLRQV8QLWDWWKH1&*&$/
+HDGRIWKH6XUYH\DQG6WDWLVWLFV8QLWDWWKH'(3&60,1(3,$
-Rp&ODXYLV',))2
+HDGRIWKH6WDWLVWLFDO6\QWKHVLVDQG$JULFXOWXUDO,QFRPH8QLWDWWKH'(6$0,1$'(5
6HQLRU7HFKQLFDO2IILFHURIWKH0HWKRGRORJ\DQG)LHOG2SHUDWLRQV8QLWDWWKH1&*&$/
5pQp$\PDU%HUWUDQG$028*28
+HDGRI(QWHUSULVH6WDWLVWLFV'LYLVLRQDWWKH1DWLRQDO,QVWLWXWHRI6WDWLVWLFV
140
6HQLRU7HFKQLFDO2IILFHURIWKH0HWKRGRORJ\DQG)LHOG2SHUDWLRQV8QLWDWWKH1&*&$/
(8523($181,21'(/(*$7,21 (8'
:$77(//,(5(PLOLH6HQLRU$GYLVHUDQG7HDP/HDGHU
0*$7,1($83KLOLSSH$WWDFKpLQFKDUJHRIWKHSURJUDPPH_5XUDO'HYHORSPHQW_$JULFXOWXUH
0/$&+$3(//($QGUp
)22'$1'$*5,&8/785(25*$1,6$7,212)7+(81,7('1$7,216 )$2
05$9,/,$WKPDQ)$2UHSUHVHQWDWLYHLQ&DPHURRQ
1¶*20$.,0%$76$3DXO6WDWLVWLFLDQ(FRQRPLVW)$25HJLRQDO2IILFHIRU$IULFD
3$5.&ODUD6HQLRU*HQGHU2IILFHU)$25HJLRQDO2IILFHIRU$IULFD
&$5$2OHJ6WDWLVWLFLDQ(666WDWLVWLFV'LYLVLRQ )$25RPH
28('5$2*2(ORL6WDWLVWLFLDQ(666WDWLVWLFV'LYLVLRQ )$25RPH
$7$1*$)HOLFLWDV$VVLVWDQW5HSUHVHQWDWLYHRIWKH3URJUDPPH2IILFHU
(%$(WLHQQH$GPLQLVWUDWLYH$VVLVWDQW)$2&DPHURRQ
7&+$7&+28$72.2*HUDOG3URJUDPPH$VVLVWDQW)$2&DPHURRQ
=2850%$$EGRXUDKPDQ,QIRUPDWLRQ5HVRXUFHV$VVLVWDQW)$2&DPHURRQ
.$1$185$$OSKRQVH(PHUJHQF\2SHUDWLRQV6SHFLDOLVW)$2&DPHURRQ
38(0,/XFLHQQH3URJUDPPH$VVLVWDQW)$2&DPHURRQ
<21'-,27(1128)UHG$VVLVWDQWLQFKDUJHRI2SHUDWLRQVDQG0RQLWRULQJRI3URWRFRO$JUHHPHQWV)$2&DPHURRQ
%(.2/2$OSKRQVH$FFRXQWLQJDQG)LQDQFLDO$VVLVWDQW)$2&DPHURRQ
0$&+,1'$1GLPED1DWLRQDO+XPDQ5HVRXUFH&RQVXOWDQW)$2&DPHURRQ
6$1$0$/XGRYLF)$2&DPHURRQ
0('28-HDQ&ODXGH)$2&DPHURRQ
$%'285$+0$1()$2&DPHURRQ
.$1.:$1'$(%8/(/$1**UpJRLUH,QWHUQDWLRQDO&RQVXOWDQWLQ$JULFXOWXUDO6WDWLVWLFV
$0(*$6+,()UHHPDQ.RPL$,QWHUQDWLRQDO&RPSXWLQJ&RQVXOWDQW
'U.(,7$)RGp6RU\,QWHUQDWLRQDO&RQVXOWDQWLQ/LYHVWRFN6WDWLVWLFV
.2821$1*1-28+285RVWDQG1DWLRQDO$JULFXOWXUDO6WDWLVWLFLDQ&RQVXOWDQW
:281$1*5RPDLQ1DWLRQDO6WDWLVWLFLDQ&RQVXOWDQW6XUYH\6SHFLDOLVW
'=2.28-RVHSK&pOHVWLQ1DWLRQDO&RPPXQLFDWLRQ&RQVXOWDQW
.(102(.HQGLH1DWLRQDO&RQVXOWDQWVSHFLDOLVWLQ*,6:HEPDSSLQJ
$)$1$$<,66,$ULHO1DWLRQDO&RPSXWLQJ&RQVXOWDQW
'$7$&2//(&7,21
0DQDJHPHQW6XSHUYLVRU\6WDII
/DXUHQW0$1*$%(/$ 'U$PDGRX1&+$5(
6pEDVWLHQ'-,(128$66, -Rp&ODXYLV',))2
5pQp$\PDU%HUWUDQG$028*28 6pEDVWLHQ3KLOLSSH$7$1*$1$
$ODLQ7$.(81*8(/$ -XVWLQ+HQUL21'2$
1DGLQH$QQLWD:$',1*QpH0$*8,3$.(', 5RVHO\QH'20)$1*1*8(0('-(
-HDQ$ULVWLGH%,/2$(66,0, -XOLHQ1728'$%(762*2
0DULXV*KLVODLQ*8(8.$0
'DWD&ROOHFWLRQ6WDII
)$10(1,-RVHSK (%2$66280280\ULV
02+,0,,%5$+,0 .$0(12)(8:2-RHO$UPDQG
7&+$1*$7&+281*8,'DUOLQ 1*281'(/$%25'(+HUPDQ0LFKHO
0%(1*$10DWKLDV 0$'-(87$.8(7(,GD*HUDOGLQH
141
176$0$3DUIDLW 0$1'(1*8(-HDQ'DQLHO
&+,(:282.8(7&+(,UHQH)ORUH 2<,(21$1$,VLGRUH
$%(*$-867(3KLODQWURSH 6,0212876$%RULV
(1'20$66(1*8(6DORPRQ 1728%($VVRXH$.:(/(
1=(*$1*3RPSLGRX $7$1*$1$02'2%RQDYHQWXUH/DQGU\
1<$*2-XVWLQ %,',$66,7KRPDV
'20:$(PPDQXHO 1$,0$$URQ
)(8'-,2-RVpH *$66,6628*LVqOH
62.0$66($GROSKH 16$,'=(.$0DUWLQV
1$<$+'25,60%(+ )276,1*6LPSOLFH
/(80$/(80$5,(*HUPDLQH .20QpH:$0.2%pDWULFH
)2(%(762*2/8&+HUYH .(10(*1(*DVSDULQH
1'-(1'-$1*$1.:(3DUIDLW 0$0(1$11(1*8,0-,21DGHJH
1.20%$$OH[LD (/(66$0%$17$5$28/'XFODLU
+:$1*$MXHQH\D0810%$*1$ (.2'DYLG
)2.2827$//$%RULV+HUPDQQ 0%$66,/RXLV
0(1(&+(128%,66,*DHOOH .80-XGH
.,(6681DGHJH6WHSKDQLH 1*8(662%%HUWLQ
7,%(7,861G]HOHQ$6+8
'$7$(;3/2,7$7,21
'$$:25(-HDQ-DFTXHV 0%(0<$6$+$0DUFHO
$7$1*$1$3KLOLSSH6pEDVWLHQ $72.$%(/,%,-HDQ0DULH
(',725,$/
1&*&$/6WDII
0%$,5$12'-,$QGUp 'U.(0*$1*+HQU\6HUJH
0$1*$%(/$/DXUHQW 'U$PDGRX1&+$5(
'-,(128$66,6pEDVWLHQ ',))2-Rp&ODXYLV
$028*285HQp )281$'28'28
.$1$.(1)$&.&KULVWRSKH '$$:25(-HDQ-DFTXHV
'20)$1*5RVHO\QH 7$.(81*8(/$$ODLQ
%2'2092*2(PPDQXHO 1728'$%(762*2-XOLHQ
:$',1*$.(',$QQLWD 6&+28$0(-HDQ3LHUUH
$7$1*$1$6HEDVWLHQ 0%(0<$6$+$0DUFHO
76$)21*7$=2&KULVWLDQ 1.(1280
%,/2$-HDQ$ULVWLGH %,/(*8(&DPLOOH0DQXHOOD
76$)21*7$=2&KULVWLDQ $72.$%(/,%,-HDQ0DULH
<$'-,'$50$1%HQMDPLQ *8(8.$0*KLVODLQ0DULXV
1728'$%(762*2-XOLHQ 21'2$-XVWLQ+HQUL
1*28/0$=2*2-HDQ 0,17$0$&.(PPDQXHO%ODLVH
142
([WHUQDO3DUWLFLSDQWV
'U*$5*$*211(0,1(3,$'69 '20,1$0DWKLHX0,1(3,$'3$,+
'U1(&'(076$)$&.%RULV
$1'(/$1'21*2-RVHSK0,1$'(5'(3&
0,1(3,$'(3&6
1*8(/2&ROOLQV0,1$'(5''$ 7(/(3<('('DQLHO0,1$'(5'23$
%$.$5,(<('0,1$'(5'5)3 1*2¶20%$(ULF0,1$'(5''/&
$7$1*$1$ -HDQ %HUWUDQG 0,1$'(5
2<212=$1*%HUQDUG0,1$'(5'5+
'*5&9
1*221*/$$QQLH&ODLUH0,1(3,$'3$,( %28.$52860$10,1(3,$''3,$
1<$(GRXDUG0,1$'(5'5&4
7(&+1,&$/9$/,'$7,21
(1*$0%$3KLOLSSH'LGLHU(QJDPED0,1(3,$,* 21$1$%,/281*$6\OYLH630$WWDFKp
1¶*20$.,0%$67$3DXO)$25$)6WDWLVWLFLDQ %(621*/DXUD7DERW0,1(3,$&7
0%$,5$12'-,$QGUp0,1$'(5'(6$ .(0*$1*+HQU\6HUJH0,1(3,$'(3&6
*DUJD*211(0,1(3,$'69 17$.(8%UXQR0,1$'(5'(3&
%('281**LVqOH0,1$'(5'*5&9 1<,1*&KDUOHV6KH\0,1$'(5'5&4
0,0%$1**X\,UHQpHH0,1(3,$'3$+,( 21'28$=$1*-HDQ3DXO0,1(3,$''3,$
())$0(66,*UpJRLUH6DWXULQ0,1$'(5'5)3 '-,(128$66,6pEDVWLHQ*&$/&8027
17$0$&.5pQp$XELQ)LUPLQ0,16$17(&,66HQLRU
',))2-Rp&ODXYLV0,1$'(5'(6$&665$
2IILFHU
()21(7,1=2++HUYp-RHO0DUFLHQ%8&5(3&& 76$)21*7$=2&KULVWLDQ*&$/6HQLRU2IILFHU
1*8(/(76(1*&ODXGH0,1$'(56HQLRU2IILFHU 6&+28$0(-HDQ3LHUUH0,1$'(5'(6$,(
0$*8,3$.(',1DGLQH$QQLWD '20)$1*1*8(0('-(5RVHO\QH
0,1$'(5'(6$6(5$ 0,1(3,$'(3&6&($
0%(0<$6$+$0DUFHO0,1$'(5'(6$,( $028*283DVFDO&KULVWLDQ0,1(3,$'5(3,$&(
7(+ 1*8+ -XOLH (SVH ,<$66$ 0,1$'(56XE 0$1'(1*1<2%(0DU\2XOLDQRY
'LUHFWRU''$ 0,1)2)'&3&33&($
7&+,1'$&KULVWLQH0,1),'3&($ '-$28'-$285280,1$'(5&(/&20
*8(8.$0*KLVODLQ0DULXV*&$/8,$'6HQLRU
1-83/21*<YDQ0,1$'(5&(/&206HQLRU2IILFHU
2IILFHU
'$$:25(-HDQ-DFTXHV*&$/8,$'+HDG 0%$5*$&RQVWDQWLQ-DFTXHV0LFKHO0,1$7&(3'3&
$7$1*$1$6pEDVWLHQ3KLOLSSH*&$/6HQLRU2IILFHU $028*285HQp$\PDU%HUWUDQG,16'6(
+HULV1$1*(*&$/6HQLRU2IILFHU )281$'8'280,1$'(5'(6$&,$5
280$528,%1(/+DPLG*&$/80276HQLRU
.,/,$1)UX$621*:(0,1(3,$6'3,(
2IILFHU
'-28%28,1$0,1(3,$&HOFRP+HDG (12:(GPRQG1.21*+20,1$'(5'$-
(%$-HDQ'DQLHO0,1$'(5''/& 7(/(3<('('$1,(/0,1$'(5'23$6'8$
.2821$1*1-28+285RVWDQG)$2*&$/
1*1$.)ORUH3pODJLH0,1$'(5&,&3()'()$&&
6WDWLVWLFLDQ
1*212 21*8(1( 0DUF +XEHUW
2/202$7(.((QJHOEHUW0,1(3$7&&3(
0,1$'(5'5$'(5&(
:$+.28$3-HDQ&DOYLQ0,16(&'(3&6HQLRU
%28.$52XVPDQ0,1(3,$6'3$
2IILFHU
75$16/$7,21
6(3721*21*$1*-XGLWK6RODQJHpSVH.(81*$
143
$33(1',;%86,1(66 48(67,211$,5(
5e38%/,48('8&$0(5281 5(38%/,&2)&$0(5221
3DL[7UDYDLO3DWULH 3HDFH:RUN)DWKHUODQG
0,1,67(5('(/·$*5,&8/785((7'8 0,1,67(5('(/·(/(9$*('(6
'(9(/233(0(17585$/ 3È&+(6(7'(6,1'8675,(6$1,0$/(6
0,1,675<2)$*5,&8/785($1'585$/ 0,1,675<2)/,9(672&.),6+(5,(6$1'
'(9(/230(17 $1,0$/,1'8675,(6
5(&(16(0(17*(1(5$/'( *(1(5$/ &(16862)$*5,&8/785($1'
/·$*5,&8/785((7'(/·(/(9$*( /,9(672&.
1$7,21$/&225',1$7,21
&25(02'8/(
$*523$6725$/$1'$48$&8/785$/%86,1(66 48(67,211$,5(
'$7$&2//(&7,2167$))
&RQWURODJHQW&RGH _BB_BB_BB_ (QXPHUDWRU &RGH _BB_BB_BB_BB_
1DPHRIFRQWURODJHQW 1DPHRIHQXPHUDWRU
,QIRUPDWLRQFROOHFWHGGXULQJWKLVFHQVXVLVVWULFWO\FRQILGHQWLDOLQDFFRUGDQFHZLWK/DZ1RRI'HFHPEHURQFHQVXVHVDQGVWDWLVWLFDOVXUYH\V$Q\
LQGLYLGXDOUHVLGLQJLQ&DPHURRQZKRSUDFWLVHVDJURSDVWRUDODFWLYLWLHVVKDOOEHERXQGWRVXEPLWWRWKLVJHQHUDOFHQVXV
*HQHUDO&HQVXVRI$JULFXOWXUHDQG/LYHVWRFN *&$/ LVHVWDEOLVKHGE\3UHVLGHQWLDO'HFUHH1RRI-XQH
6(&7,21 ,'(17,),&$7,212)7+()$50
$+0 5HJLRQ _BB_BB_
$+0 'LYLVLRQ _BB_BB_
$+0 6XEGLYLVLRQ _BB_BB_BB_
$+0 (QXPHUDWLRQ$UHD _BB_BB_BB_
$+0 6WUXFWXUHQXPEHULQWKH($ _BB_BB_BB_
9LOODJH1HLJKERXUKRRG 7KLUGFODVV D$GPLQLVWUDWLYHQDPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$+0 &KLHIGRPV _BB_BB_BB_
E2WKHU FRPPRQQDPHVRIWKHYLOODJHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$+0 3ODFHRIUHVLGHQFH 8UEDQ 5XUDO _BB_
D /RQJLWXGH _BB_BB__BB_BB_BB_BB_BB_BB_
$+0 *36FRRUGLQDWHVRIWKHVWUXFWXUH
%/DWLWXGH _BB_BB__BB_BB_BB_BB_BB_BB_
$+0 )DUPQXPEHULQWKH6XEGLYLVLRQ _BB_BB_BB_
$+0 1DPHRIUHVSRQGHQW BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
5ROHRIUHVSRQGHQW
$+0 _BB_
2SHUDWRU0DQDJHU (PSOR\HH
$+0; 6SHFLI\DQRWKHUUROHRIWKHUHVSRQGHQWBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$+0 'RHVWKHUHVSRQGHQWKDYHDWHOHSKRQHQXPEHU" <HV 1R,IQRJRWR$+0 _BB_
$+0$ 7HOHSKRQHQXPEHURIWKHUHVSRQGHQW _BB_BB__BB_BB_BB_BB_BB_BB_
6WDWXV RIFROOHFWLRQ
$+0 _BB_
&RPSOHWHVXUYH\ ,QFRPSOHWH6XUYH\ 1RWILOOHG ,QSURJUHVV
$+0 &ROOHFWLRQVWDUWGDWH _BB_BB__BB_BB__BB_BB_BB_BB_
$+0 &ROOHFWLRQVWDUWWLPH _BB_BB__BB_BB__BB_BB_
'RHVWKHVWUXFWXUHKDYH LWVRZQILHOGVRUIDUPV"
$+0 _BB_
<HV 1R,IQRVWRSDGPLQLVWHULQJWKHTXHVWLRQQDLUH
144
6(&7,21²*(1(5$/&+$5$&7(5,67,&62)7+()$50%86,1(66
$+0 1DPHRIWKHPDLQPDQDJHUBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$+0$ 6H[RIWKHPDLQPDQDJHU 0DOH )HPDOH _BB_
$+0% $JHRIWKHPDLQPDQDJHU LQFRPSOHWHG\HDUV _BB_BB_
1DWLRQDOLW\RIWKHPDLQPDQDJHU
&DPHURRQLDQ *DERQHVH &RQJROHVH &HQWUDO$IULFDQ 1LJHULDQ
$+0& (TXDWRULDO*XLQHDQ &KDGLDQ 6HQHJDOHVH %HQLQHVH *KDQDLDQ _BB_
1LJHULHQ 2WKHU$IULFDQ (XURSHDQ $VLDQ 5HVWRIWKHZRUOG SOHDVH
VSHFLI\ «««««
0DLQPDQDJHU·VWUDLQLQJLQDJULFXOWXUH
$+0' _BB_
1RQH 2QHRIIWUDLQLQJ 7HFKQLFDOVFKRRO 8QLYHUVLW\ 2WKHUV
$+0; 6SHFLI\RWKHUSURIHVVLRQDOWUDLQLQJBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
3ODFHRIUHVLGHQFHRIWKHPDLQPDQDJHU
$+0 ,QWKHVDPHVXEGLYLVLRQDVWKHIDUP LQDQRWKHUVXEGLYLVLRQRIWKHGLYLVLRQ LQDQRWKHUGLYLVLRQRIWKH _BB_
UHJLRQ LQDQRWKHUUHJLRQRIWKHFRXQWU\ $EURDG
$+0 1DPHRIEXVLQHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$+0 $FURQ\PRIWKHEXVLQHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
/HJDO6WDWXV
6ROH3URSULHWRUVKLS 6LQJOH0HPEHU/LPLWHG/LDELOLW\&RPSDQ\ 60//& /LPLWHG/LDELOLW\&RPSDQ\
$+0 //& 3XEOLF/LPLWHG&RPSDQ\ 3/& *HQHUDO3DUWQHUVKLS *3 /LPLWHG3DUWQHUVKLS /3 _BB_BB_
0L[HG(FRQRP\&RPSDQ\ (FRQRPLF,QWHUHVW*URXSLQJ (,* 3XEOLF3DUDVWDWDO&RPSDQ\ 3XEOLF
$GPLQLVWUDWLYH(VWDEOLVKPHQW (3$ 1*2 2WKHUVWREHVSHFLILHG
$+0; 6SHFLI\RWKHUOHJDOVWDWXVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$+0 6WDWXVRIWKHHVWDEOLVKPHQW+HDGTXDUWHUV1RWKHDGTXDUWHUV DJHQF\EUDQFKHWF _BB_
<HDURIHVWDEOLVKPHQWRUUHJLVWUDWLRQ
$+0 _BB_BB_BB_BB_
(QWHUFRGHIRULQIRUPDOVWUXFWXUHV
$+0 <HDURIHIIHFWLYHVWDUWRIDFWLYLWLHV _BB_BB_BB_BB_
0DLQDFWLYLW\RIWKHEXVLQHVV $JULFXOWXUH3URGXFWLRQRIDJULFXOWXUDOVHHGV LQFOXGLQJQXUVHU\ )RGGHU
FURSV/LYHVWRFN LQFOXGLQJXQFRQYHQWLRQDOEUHHGLQJDQGDQLPDOVHHGSURGXFWLRQ 3URFHVVLQJ)RUHVWU\
$+0 $TXDFXOWXUH6DOHRIIHUWLOL]HUV6DOHRISK\WRVDQLWDU\SURGXFWV6DOHRIDJULFXOWXUDOSURGXFWV6DOHRI _BB_BB_
SODQWVHHGPDWHULDO6DOHRIDJULFXOWXUDOHTXLSPHQWDQGPDFKLQHU\7UDQVSRUWDWLRQ3XEOLF
DGPLQLVWUDWLRQ%HHNHHSLQJ2WKHUWREHVSHFLILHG
6SHFLI\WKHRWKHUPDLQDFWLYLW\RIWKHEXVLQHVV
$+0;
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
:KDWDUHWKHRWKHUDFWLYLWLHVRIWKHEXVLQHVV"
$JULFXOWXUH 6DOHRIIHUWLOL]HUV
3URGXFWLRQRIDJULFXOWXUDOVHHGV LQFOXGLQJ 6DOHRISK\WRVDQLWDU\SURGXFWV
QXUVHU\
)RGGHUFURSV 6DOHRIDJULFXOWXUDOSURGXFWV
/LYHVWRFN LQFOXGLQJXQFRQYHQWLRQDOEUHHGLQJDQG 6DOHRISODQWVHHGPDWHULDO
$+0 DQLPDOVHHGSURGXFWLRQ 6DOHRIDJULFXOWXUDOHTXLSPHQWDQGPDFKLQHU\
3URFHVVLQJ 7UDQVSRUWDWLRQ
)RUHVWU\ 3XEOLFDGPLQLVWUDWLRQ
$TXDFXOWXUH %HHNHHSLQJ
2WKHUVWREHVSHFLILHG WUDLQLQJDQGVXSHUYLVLRQSK\WRVDQLWDU\SURGXFWV
YHWHULQDU\SURGXFWVDJULFXOWXUDOSURGXFWVHWF
$+0; 6SHFLI\RWKHUDFWLYLWLHVRIWKHEXVLQHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$+0 )RUPDO%RRNNHHSLQJ <HV 1R _BB_
([LVWHQFHRISDUWQHUVKLSV
$+0 $6XSSOLHUV &&XVWRPHUV
%6PDOOKROGHUV ;2WKHUWREHVSHFLILHG
6SHFLI\RWKHU
$+0;
SDUWQHUVKLSVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
'RHVWKHEXVLQHVVSDUWLFLSDWHLQORFDOGHYHORSPHQW"
$URDGFRQVWUXFWLRQGHYHORSPHQW
%FRQVWUXFWLRQRIKHDOWKFHQWUHV
&FRQVWUXFWLRQRIVFKRROV
'FRQVWUXFWLRQRIFRPPXQLW\WHOHFHQWUHV
$+0 (ZDWHUVXSSO\
)GLVWULEXWLRQRIJUDQWV
*WUDLQLQJDQGDZDUHQHVVUDLVLQJFDPSDLJQ
+GHYHORSPHQWRIDJURSDVWRUDODUHDV ODQGVSDVWXUHV
=QRQH
;2WKHUVWREHVSHFLILHG«««««««««««««««««««««««««««««««««««
145
&HUWLILHGIDUPSURGXFWV"$ $JULFXOWXUDOSURGXFWV% /LYHVWRFNSURGXFWV& %HHNHHSLQJSURGXFWV'
$+0 _BB_BB_BB_
$TXDFXOWXUDOSURGXFWV= 1RQH
$+0 ,I\HVVSHFLI\WKHFHUWLI\LQJERGLHVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
'R\RXXVHWKHVHUYLFHVRIVHUYLFHSURYLGHUVLQ\RXUDJURSDVWRUDODFWLYLWLHV"_BB_
$+0
\HV 1R
$+0$ 6HUYLFHVRIIHUHGE\WKHEXVLQHVV
$7UDLQLQJDQG6XSHUYLVLRQ )6DOHRIDJURSDVWRUDOSURGXFWV
%7UDQVSRUWDWLRQ *6DOHRISODQWVHHGDQLPDOPDWHULDO
&6DOHRIIHUWLOL]HUV +6DOHRIDJULFXOWXUDOPDFKLQHU\DQGHTXLSPHQW
'9HWHULQDU\LQSXWV ,1RQH
(6DOHRISK\WRVDQLWDU\SURGXFWV ;2WKHUVWREHVSHFLILHG
6SHFLI\WKHRWKHUVHUYLFHVSURYLGHGE\WKHEXVLQHVV
$+0%
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$+0& :KDWLVWKHWRWDODUHDRI\RXUIDUP KD " _BBB_BBB_BBB_BBB_BBB_
6(&7,21²/$%285)25&( LQWKHSDVWWZHOYHPRQWKV
$+0 $+0 $+0
7RWDOQXPEHU 1XPEHURIIRUHLJQHUV
6WDWXVRISHUPDQHQWVWDII
0DOH )HPDOH 0DOH )HPDOH
0DQDJHUV _BB_BB_ _BB_BB_ _BB_BB_ _BB_BB_
6XSHUYLVRUV _BB_BB_ _BB_BB_ _BB_BB_ _BB_BB_
:RUNHUV _BB_BB_ _BB_BB_ _BB_BB_ _BB_BB_
2WKHUHPSOR\HHV _BB_BB_ _BB_BB_ _BB_BB_ _BB_BB_
727$/ _BB_BB_ _BB_BB_ _BB_BB_ _BB_BB_
1XPEHURIVHDVRQDOVWDII
$+0 _BB_BB_ _BB_BB_ _BB_BB_ _BB_BB_
LQWKHSDVWPRQWKV
$+0 $UH\RXH[SHULHQFLQJODERXUIRUFHUHODWHGGLIILFXOWLHV"
_BB_
<HV 1R ,IQRJRWRVHFWLRQ
$+0 :KDWLVWKHPDLQGLIILFXOW\HQFRXQWHUHGZLWKUHVSHFWWRODERXUIRUFH"
_BB_
1RWDYDLODEOH +LJKFRVW 8QTXDOLILHG 2WKHUV
$+0 6SHFLI\RWKHUGLIILFXOWLHVHQFRXQWHUHGBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
146
6(&7,21$*5,&8/785$/$&7,9,7,(62)7+()$50
$$JULFXOWXUDOFURSVJURZQLQ RUWKHVHDVRQ
)LOWHUFKHFNTXHVWLRQV$+0$+0;$+0DQG$+0;WRVHHLIWKHIDUPLVLQYROYHGLQDJULFXOWXUH,I\HVFRQWLQXH,IQRJRWRVXEVHFWLRQ%
$+0$$ 1XPEHURIDJULFXOWXUDOFURSVJURZQ _BB_BB_
$+0$ $+0$ $+0$ $+0$ $+0$ $+0$ $+0$ $+0$ $+0$ $+0$ $+0$ $+0$
&URSQDPH &URSFRGH &XOWLYDWHG ,UULJDWHG 7\SHVRIPDLQ 8QLWRI 4XDQWLW\RI 7\SHRI 6XUIDFHDUHD 3URGXFWLRQLQ 4XDQWLW\RI 0DLQGHVWLQDWLRQRI
6HH DUHDLQ VXUIDFH VHHGVXVHGLQ PHDVXUHPHQW VHHGVXVHGLQ IDUPLQJ KDUYHVWHGLQ SURGXFWLRQ SURGXFWLRQ
QRPHQFODWXUH LQKD DUHDVLQ RI 0RQRFXOWXUH LQKD ,QWRQQHV SURFHVVHG LQ
LQKD &RGHVHH D TXDQWLW\RI LQXQLWRI *URXS WRQQHV &RGHVHH E
VHHG PHDVXUHPHQW IDUPLQJ
NJ %RWK
1XPEHU
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
_BB_BB_BB_ _BB_BB_BB__BB_ _BB_BB_BB__BB_ _BB_ _BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_BB_BB__BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_
D FHUWLILHGVHHGVRILPSURYHGYDULHW\ XQFHUWLILHGVHHGVRILPSURYHGYDULHW\ XQFHUWLILHGVHHGVRIORFDOYDULHW\ FHUWLILHGVHHGVRIDORFDOYDULHW\ 'RQRWNQRZ
E /RFDOPDUNHWZLWKRXWSURFHVVLQJ 3URFHVVLQJDQGORFDOPDUNHW 3URGXFWLRQIRURQH¶VDFFRXQW ([SRUWZLWKRXWSURFHVVLQJ 3URFHVVLQJDQGH[SRUW
147
)DUPPDQDJHPHQW
'R\RXXVHIHUWLOL]HUV PDQXUHHWF RQWKLVIDUP" <HV 1R
$+0% _BB_
,IQRJRWRTXHVWLRQ$+0%
7\SHVRIIHUWLOL]HUV PDQXUHHWF
$PLQHUDOIHUWLOL]HUV
$+0% %RUJDQLFIHUWLOL]HUV
&ELRORJLFDOIHUWLOL]HUV
;RWKHUIHUWLOL]HUV
$+0%; 6SHFLI\RWKHUW\SHVRIIHUWLOL]HUV««««««««««««««««««««««««««««««««
$+0% 'R\RXKDYHDIHUWLOL]HUPDQDJHPHQWSODQ" <HV 1R_BB_
$+0%&4XDQWLW\RIVROLG $+0%'4XDQWLW\RIOLTXLG
$+0%$3K\WRVDQLWDU\ $+0%%'R\RXXVH>QDPH
SK\WRVDQLWDU\SURGXFWVXVHG SK\WRVDQLWDU\SURGXFWVXVHG
SURGXFWV RISURGXFW@" <HV 1R
LQNJ LQOLWUHV
)XQJLFLGH _BB_ _BB_BB_BB_BB__BB_ _BB_BB_BB_BB__BB_
$+0%
+HUELFLGH _BB_ _BB_BB_BB_BB__BB_ _BB_BB_BB_BB__BB_
,QVHFWLFLGH _BB_ _BB_BB_BB_BB__BB_ _BB_BB_BB_BB__BB_
1HPDWLFLGH _BB_ _BB_BB_BB_BB__BB_ _BB_BB_BB_BB__BB_
5RGHQWLFLGH _BB_ _BB_BB_BB_BB__BB_ _BB_BB_BB_BB__BB_
0HWKRGRIODQGWHQXUH
$3XUFKDVH (,QKHULWDQFH
$+0% %6KDUHFURSSLQJ )3OHGJH
&5HQW **LIW
'/HDVH +$OORFDWLRQE\WUDGLWLRQDODXWKRULW\
)LOWHU4XHVWLRQV$+0%$DQG$+0%DUHRQO\IRUEXVLQHVVHVWKDWILOOHGLQDWOHDVWRQHQRQ]HURVXUIDFHDUHDLQTXHVWLRQ
$+0$
:KDWW\SHRILUULJDWLRQGR\RXSUDFWLVH"
$6XUIDFHDUHDJUDYLW\ &/RFDOL]HG GULS
$+0%$
%6SUD\ '0DQXDO
(1RQH
6RXUFHRILUULJDWLRQZDWHU
$5LYHUSRRO '%RUHKROH
$+0% %:DWHUGDPUHVHUYRLUSRQG )&LW\:DWHU
&:HOO *:DVWHZDWHU
'6SULQJ ;2WKHUVWREHVSHFLILHG
$+0%; 6SHFLI\RWKHUVRXUFHVRILUULJDWLRQZDWHUBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
'R\RXSUDFWLVHWKHIROORZLQJSURGXFWLRQWHFKQLTXHV"
$+0% _BB_
$ &URSURWDWLRQ% ,PSURYHGIDOORZ& 6LQJOHIDOORZ' 1RQH
'R\RXXVHDQ\DJULFXOWXUDOPDFKLQHU\RWKHUWKDQWUDGLWLRQDOWRROV HJWUDFWRUVHHGGULOOHWF "
$+0% _BB_
<HV 1R
$+0% 'R\RXSUDFWLVHVHHGPXOWLSOLFDWLRQ <HV 1R _BB_
:KDWDUHWKHHOHPHQWVRIODQGWHQXUHVHFXULW\WKDW\RXKDYHIRU\RXUIDUP"
$+0%
$/DQGWLWOH ':LWKRXWODQGWLWOH
%8QGHUUHJLVWUDWLRQ (&RQFHVVLRQ
&6WDWHSURSHUW\ ;2WKHUWREHVSHFLILHG
$+0%; 6SHFLI\RWKHUHOHPHQWVRIODQGWHQXUHVHFXULW\WKDW\RXKDYHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
'R\RXH[SHULHQFHDQ\PDMRUGLIILFXOW\LQREWDLQLQJODQGWRH[SDQG\RXUIDUP"
$+0% _BB_
<HV 1R
'R\RXH[SHULHQFHDQ\PDMRUREVWDFOHXVLQJDWOHDVWRQHRI\RXUODQGV"
$+0% _BB_
<HV 1R
148
6(&7,213$6725$/$1'$48$&8/785$/$&7,9,7,(62)7+()$50
$ /,9(672&.
)LOWHUFKHFNTXHVWLRQV$+0$+0;$+0DQG$+0;WRVHHLIWKHIDUPLVLQYROYHGLQOLYHVWRFNSURGXFWLRQ,I\HVFRQWLQXHZLWKWKHIROORZLQJTXHVWLRQV,IQRJRWR6XEVHFWLRQ(
$+0$ 'R\RXKDYHOLYHVWRFNEXLOGLQJV <HV 1R ,IQRJRWRTXHVWLRQ$$ _BB_
$+0$ :KDWLVWKHWRWDOVXUIDFHDUHDRIOLYHVWRFNEXLOGLQJVRQWKHIDUP Pñ _BB_BB_BB_BB__BB_
$+0$ :KDWLVWKHWRWDOVXUIDFHDUHDRIOLYHVWRFNEXLOGLQJVDFWXDOO\RSHUDWHG Pñ _BB_BB_BB_BB__BB_
$+0$& $+0$' $+0$( $+0$) $+0$* $+0$+ $+0$, $+0$-
$+0$$ $+0$%
7RWDOQXPEHURIDQLPDOVSUHVHQWDWWKHWLPHRIYLVLW
6SHFLHV 'R\RXSUDFWLVH 7RWDO 0DOH )HPDOH 6XUIDFHDUHDVRI 0DLQUHDULQJV\VWHP 8VHRIYHWHULQDU\ 0RGHRIUHSURGXFWLRQ 0DLQGHVWLQDWLRQRI
WKLVW\SH" OLYHVWRFNEXLOGLQJV D VHUYLFHV 7UDGLWLRQDO SURGXFWLRQ
RIOLYHVWRFN LQPð \HV ,PSURYHG E
IDUPLQJ" QR %RWK
<HV 1R 1RQH
&DWWOH _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
6KHHS _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
*RDWV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
3LJV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
'RQNH\V _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
+RUVHV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
&DPHOV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
5DEELWV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
*XLQHDSHDV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
*UDVVFXWWHUV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
4XDLOV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
6QDLOV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
2WKHUV
H[FHSW
SRXOWU\ _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB__BB_ _BB_BB_ _BB_ _BB_ _BB_
IDUPLQJ
BBBBBBBBB
&RGH D JURXQGOLWWHU VLQJOHEDWWHU\ EDWWHU\ZLWKGUDLQDJHV\VWHP VWDEOH URXWH RQVWLOWVZLWKVOXUU\SLWIXGJH RQVWLOWVZLWKRWKHUV\VWHPV UDQFKLQJ JUD]LQJ SDGGRFNLQJ KRUVHVWDEOH RWKHUWREHVSHFLILHG
&RGH E /RFDOPDUNHWZLWKRXWSURFHVVLQJ 3URFHVVLQJDQGORFDOPDUNHW 3URGXFWLRQIRURQH¶VDFFRXQW ([SRUWZLWKRXWSURFHVVLQJ 3URFHVVLQJDQGH[SRUW
149
328/75<)$50,1*
'R\RXUHDUSRXOWU\ EDFN\DUGELUGV RQWKLVIDUP"
$+0% _BB_
\HV QR ,IQRJRWR'2WKHUSURGXFWLRQDQGOLYHVWRFNIDUPLQJSUDFWLFHV
% 02'(51328/75<)$50,1*
'R\RXSUDFWLVHPRGHUQSRXOWU\IDUPLQJRQWKLVIDUP" \HV QR
$+0%$ _BB_
,IQRJRWRVXEVHFWLRQ&5DLVLQJRWKHUEDFN\DUGSRXOWU\
$+0%% $+0% $+0%
$+0%$ $+0% $+0% $+0% $+0% $+0%
&KDUDFWHULVWLFV +DYH\RXUHDUHG $FFRPPRGDWLRQ 1XPEHUSUHVHQWDW 1XPEHURI 1XPEHURIHJJVSURGXFHGLQ 8VXDO DYHUDJH 0DLQGHVWLQDWLRQRISURGXFWLRQ
WKLVVSHFLHVLQWKH FDSDFLW\LQ WKHWLPHRIYLVLW 1XPEHURI F\FOHVLQ QXPEHUSHUF\FOH <HV 1R
SDVWPRQWKV" SURGXFWLRQ LQ VSHQWIRZOVLQ
H[SRUW
/RFDOPDUNHW
3URFHVVLQJDQG
3URFHVVLQJDQG
<HV 1R QXPEHURIKHDGV WKHSDVW
([SRUWZLWKRXW
3URGXFWLRQIRU
RQH¶VDFFRXQW
ORFDOPDUNHW
,IQRJRWRWKHQH[W PRQWKV
SURFHVVLQJ
VSHFLHV
%URLOHUV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_ _BB_BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
/D\LQJKHQV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_ _BB_BB_BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
3DUHQWVWRFNV _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_ _BB_BB_BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
7XUNH\V _BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_BB_ _BB_BB_BB_BB_ _BB_BB_ _BB_BB_BB_BB_B_ _BB_ _BB_ _BB_ _BB_ _BB_
'R\RXSURGXFHDQLPDOIHHGRQWKLVIDUP"
$+0% _BB_
\HV QR ,IQRJRWRVXEVHFWLRQ&5HDULQJRWKHUEDFN\DUGSRXOWU\
$+0% +RZPXFKIHHGGLG\RXSURGXFHLQWKHSDVWPRQWKV LQWRQQHV _BB_BB_BB_BB_
'R\RXVHOOSDUWRIWKHIHHG\RXSURGXFHWRRWKHUIDUPHUV"
$+0% _BB_
<HV 1R
& 5($5,1*27+(5%$&.<$5'328/75<
'R\RXUHDURWKHUSRXOWU\RQWKLVIDUP" \HV QR
$+0&$
,IQRJRWR'2WKHUSURGXFWLRQDQGOLYHVWRFNIDUPLQJSUDFWLFHV _BB_
$+0& $+0&$ $+0&% $+0& $+0&
2UGHU 6SHFLHV +DYH\RXUHDUHGWKLV 1XPEHU 'HVWLQDWLRQRISURGXFWLRQ \HV QR
QXPEHU VSHFLHVLQWKHSDVW D/RFDOPDUNHW E3URFHVVLQJ F3URGXFWLRQIRU G([SRUWZLWKRXW H3URFHVVLQJ
PRQWKV" ZLWKRXW DQGORFDOPDUNHW RQH¶VDFFRXQW SURFHVVLQJ DQGH[SRUW
<HV 1R SURFHVVLQJ
,IQRJRWRWKHQH[W
VSHFLHV
/RFDO
_BB_ _BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
FKLFNHQ
'XFN _BB_ _BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
*HHVH _BB_ _BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
*XLQHDIRZO _BB_ _BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
7XUNH\ _BB_ _BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
3LJHRQ _BB_ _BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
2WKHUW\SHV
_BB_ _BB_BB_BB_BB_ _BB_ _BB_ _BB_ _BB_ _BB_
RIIRZOV
$+0&$; 6SHFLI\RWKHUW\SHVRISRXOWU\««««««««««««««««««««««««««««««««
' 27+(5352'8&7,21$1'/,9(672&.)$50,1*35$&7,&(6
)UHVKPLONSURGXFWLRQ $YHUDJHDPRXQWRI 1XPEHURI
$+0' <HV 1R _BB_ $+0' IUHVKPLONSHUGD\ _BB_BB_BB_ $+0' PLONLQJGD\VSHU _BB_BB_BB_
,IQRJRWR$+0' LQOLWUHV \HDU
1XPEHURIDQLPDOVWKDW\RXKDYH 'R\RXSUDFWLVH
'R\RXSUDFWLVHIDWWHQLQJ IDWWHQHGLQWKHSDVWPRQWKV IRGGHU
RQWKLVIDUP" FRQVHUYDWLRQ"
$+0' _BB_ $+0' $ &DWWOH _BB_BB_BB_BB_BB_ $+0' _BB_
<HV 1R <HV 1R
% 6KHHS _BB_BB_BB_BB_BB_
,IQRJRWR$+0' ,IQRJRWR
& *RDWV _BB_BB_BB_BB_BB_
$+0'
' +RUVHV _BB_BB_BB_BB_BB_
:KLFKIRUPRIIRGGHU 'R\RXXVHIHHG :KDWW\SHRI
FRQVHUYDWLRQGR\RX DGGLWLYHV" IHHGDGGLWLYHGR
$+0'
SUDFWLVH"
_BB_ $+0'
<HV 1R
_BB_ $+0'
\RXPDLQO\XVH"
_BB_
+D\ 6LODJH ,IQRJRWR$+0' D
'R\RXXVHYHWHULQDU\ 'R\RXXVHYHWHULQDU\ 'R\RXSUDFWLVH
$+0' YDFFLQHV" _BB_ $+0' PHGLFLQHV" _BB_ $+0' FDOYLQJ" _BB_
<HV 1R <HV 1R <HV 1R
150
+RZGR\RXJRDERXW
'R\RXSUDFWLVHJHQHWLF WKHJHQHWLF 'R\RXSUDFWLVH
LPSURYHPHQWLQ\RXU LPSURYHPHQWRI\RXU EHHNHHSLQJ"
$+0' KHUG" _BB_ $+0' KHUG" _BB_ $+0' <HV 1R _BB_
<HV 1R 1DWXUDO ,IQRJRWRWKH
,IQRJRWR$+0' PDWLQJ DUWLILFLDO QH[WVHFWLRQ
LQVHPLQDWLRQ
:KDWW\SHVRIEHHNHHSLQJ
1XPEHURI
GR\RXSUDFWLVH" 1XPEHURIIL[HGEHH
$+0'
7UDGLWLRQDO 0RGHUQ
_BB_ $+0'$
KLYHVFRORQLVHG
_BB_BB_BB_ $+0'% PRELOHEHHKLYHV _BB_BB_BB_
FRORQLVHG
%RWK
4XDQWLW\RIZD[
4XDQWLW\RISURSROLV
4XDQWLW\RIKRQH\ SURGXFHGLQWKH
SURGXFHGLQWKHSDVW
$+0' SURGXFHGLQWKHSDVW _BB_BB_BB_ $+0'
WZHOYHPRQWKV LQ
_BB_BB_BB_ $+0' SDVWWZHOYH _BB_BB_BB_
WZHOYHPRQWKV LQOLWUHV PRQWKV
JUDPPHV
LQNJ
4XDQWLW\RIKRQH\ORVWLQ
$+0' WKHSDVWWZHOYHPRQWKV _BB_BB_BB_ D &RWWRQFDNH %UDQ 0LGGOLQJV %UHZHU VVSHQWJUDLQ 6XJDUPRODVVHV 2WKHUVWREHVSHFLILHG
LQOLWUHV
( $TXDFXOWXUH
)LOWHUFKHFNTXHVWLRQV$+0$+0;$+0DQG$+0;WRVHHLIWKHIDUPLVLQYROYHGLQDTXDFXOWXUH,I\HVFRQWLQXHZLWKWKHIROORZLQJ
TXHVWLRQV,IQRJRWR6HFWLRQ
$+0( 'R\RXFDUU\RXWDTXDFXOWXUHRQWKHIDUP" <HV 1R ,IQRJRWR6HFWLRQ _BB_
:KDWDTXDFXOWXUDOVSHFLHVGR\RXFXUUHQWO\UHDU"
$ WLODSLD ( YLSHUILVK
$+0( % VKHDWILVK FDWILVK FODULDV ) JHQGDUPHILVK
& FDUS * VKULPS
' NDQJD ;2WKHUVWREHVSHFLILHG«««««««««««««««««
6SHFLI\RWKHUDTXDFXOWXUDOVSHFLHVSUHVHQWLQ\RXUIDUP
$+0(;
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$+0( 4XDQWLW\RIILVKSURGXFHGLQ LQNJ _BB_BB_BB_BB_BB_
$+0( 'R\RXKDYHDKDWFKHU\" <HV 1R ,IQRJRWR6XEVHFWLRQ($ _BB_
$+0( ,VLWRSHUDWLRQDO" \HV QR _BB_
$+0( 4XDQWLW\RIILQJHUOLQJVSURGXFHGLQ _BB_BB_BB_BB_BB_BB_BB_BB_BB_BB_
($ 727$/$&&2002'$7,21&$3$&,7<2)7+(',))(5(177<3(62)$48$&8/785$/,1)5$6758&785( 685)$&($5($6
$+0($ $+0($$ $+0($ $+0($ $+0($
&RGH ,QIUDVWUXFWXUHV ([LVWHQFH 1XPEHU $FFRPPRGDWLRQFDSDFLW\
\HV QR Pñ
(DUWKHQSRQGV _BB_
_BB_BB_BB_BB_BB_BB_BB_ _BB_BB_
3HQV _BB_
_BB_BB_BB_BB_BB_BB_BB_ _BB_BB_
+DSDV _BB_BB_BB_BB_BB_BB_BB_
_BB_ _BB_BB_
2WKHULQIUDVWUXFWXUHV _BB_BB_BB_BB_BB_BB_BB_
_BB_ _BB_BB_
6SHFLI\RWKHUW\SHVRIDTXDFXOWXUDOLQIUDVWUXFWXUHVSUHVHQWRQWKHIDUP
$+0($$;
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
(% 727$/$&&2002'$7,21&$3$&,7<2)7+(',))(5(177<3(62)$48$&8/785$/,1)5$6758&785(6 92/80(6
$+0(% $+0(%$ $+0(% $+0(% $+0(%
&RGH ,QIUDVWUXFWXUHV ([LVWHQFH \HV QR 4XDQWLW\
$FFRPPRGDWLRQFDSDFLW\
P
)ORDWLQJFDJHV _BB_ _BB_BB_ _BB_BB_BB_BB_BB_BB_BB_
3ODVWLFWDUSDXOLQILEUHJODVVWDQNV _BB_ _BB_BB_ _BB_BB_BB_BB_BB_BB_BB_
&RQFUHWHWDQNV _BB_ _BB_BB_ _BB_BB_BB_BB_BB_BB_BB_
2WKHULQIUDVWUXFWXUHV _BB_ _BB_BB_ _BB_BB_BB_BB_BB_BB_BB_
6SHFLI\RWKHUW\SHVRIDTXDFXOWXUDOLQIUDVWUXFWXUHSUHVHQWRQWKHIDUP P
$+0(%$;
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
151
6(&7,21²),1$1&,$/0$7(5,$/$1',1)5$6758&785$/5(6285&(62)7+()$50
$ 6RXUFHVRI)LQDQFLQJRIWKHIDUP
$3URPRWHU¶VVDYLQJV (6XEVLGLHV,QVWLWXWLRQDOVXSSRUWV
$+0$ %/RDQIURPDWRQWLQH )&RQWULEXWLRQVFRQWULEXWLRQVIURPVKDUHKROGHUVDVVRFLDWHV
&/RDQIURPDQLQGLYLGXDO *,QFRPHIURPWKHSURSHUW\
'%DQNORDQ0), +)RUHLJQILQDQFLDOSDUWQHUV
;2WKHUVWREHVSHFLILHG
$+0$;
6SHFLI\RWKHUVRXUFHVRIILQDQFLQJRIWKHIDUPBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
%,1)5$6758&785(6 QXPEHU
$+0% $+0%$ $+0%
,QIUDVWUXFWXUHFRGH 7\SHRILQIUDVWUXFWXUH 1XPEHU
&KLFNHQKRXVH _BB_BB_
6WDEOH _BB_BB_
2YHUQLJKWSDUN _BB_BB_
6KHHSIROG _BB_BB_
3LJIDUP _BB_BB_
6ODXJKWHUOLQH$EDWWRLUVODXJKWHUDUHD _BB_BB_
+DWFKHU\ _BB_BB_
)RGGHU\DUG _BB_BB_
2IILFH _BB_BB_
&ROGVWRUDJHURRP _BB_BB_
5HIULJHUDWRUIUHH]HU _BB_BB_
'LSSLQJWDQN _BB_BB_
5HVWUDLQWYDFFLQDWLRQSHQ _BB_BB_
:DWHUWURXJK _BB_BB_
)HHGWURXJK _BB_BB_
%RRWEDWK _BB_BB_
:KHHOZDVKV\VWHP _BB_BB_
$FFRPPRGDWLRQ _BB_BB_
6WRUDJHURRPOLYHVWRFNEXLOGLQJVKHG _BB_BB_
,UULJDWLRQXQLW _BB_BB_
'U\LQJ8QLW _BB_BB_
'U\LQJDUHD _BB_BB_
:DWHUSRLQW %RUHKROHZDWHUUHWHQWLRQGDPDUWLILFLDOSRQG _BB_BB_
7UHDWPHQWDQGYDFFLQDWLRQSHQV _BB_BB_
2WKHUV _BB_BB_
$+0%; 6SHFLI\RWKHUW\SHVRIDTXDFXOWXUDOLQIUDVWUXFWXUHVSUHVHQWRQWKHIDUPBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&)81&7,21$/$*5,&8/785$/$1'/,9(672&.(48,30(17 180%(5
$+0&$& $+0& $+0&*
$+0& $+0&$ $+0&$% $+0&( $+0&)
$'
$FTXLVLWLRQ $FTXLVLWLRQPRGH
&RGHRI 7\SHRI
7\SHRIHTXLSPHQW 4XDQWLW\ PRGH 4XDQWLW\
HTXLSPHQW HTXLSPHQW
D
_BB_ &RPELQH _BB_
$XWRPDWLFZDWHUHU _BB_BB_BB_ _BB_BB_BB_
KDUYHVWHU
,PSURYHGIHHGHU _BB_ 5RWRWLOOHU _BB_
$WRPLVHU6SUD\HU _BB_BB_BB_ _BB_ 0RWRUF\FOH _BB_BB_BB_ _BB_
+LWFKLQJGHYLFHRWKHUWKDQFDUW _BB_ _BB_
_BB_BB_BB_ 0RWRUSXPS _BB_BB_BB_
DQGSORXJK
3ODWIRUPVFDOH _BB_BB_BB_ _BB_ 'U\HU _BB_BB_BB_ _BB_
%DWWHU\FDJHIRUOD\LQJKHQV _BB_BB_BB_ _BB_ 6HHGHU _BB_BB_BB_ _BB_
:DWHUWHVWNLW _BB_BB_BB_ _BB_ $XWRPDWLFV\ULQJH _BB_BB_BB_ _BB_
&DQHSODQWHU _BB_BB_BB_ _BB_ 7UDFWRU _BB_BB_BB_ _BB_
152
+LWFK SORXJKFDUW _BB_BB_BB_ _BB_ 0LONLQJPDFKLQH _BB_BB_BB_ _BB_
6KHOOLQJPDFKLQH _BB_BB_BB_ _BB_ &KDLQVDZ _BB_BB_BB_ _BB_
_BB_ 9HKLFOHIRU _BB_
+XOOLQJPDFKLQH _BB_BB_BB_ DJURSDVWRUDO _BB_BB_BB_
DFWLYLW\
153
6(&7,21',)),&8/7,(62)7+(%86,1(66 ,17+(3$670217+6
'LIILFXOW\ 7\SHVRIGLIILFXOWLHVHQFRXQWHUHGE\WKHEXVLQHVV
FRGH
$+0 ,UUHJXODUVHDVRQV <HV 1R _BB_ $+0 $JULFXOWXUDOLQSXWV +LJKFRVW XQDYDLODELOLW\RI _BB_
LQSXWV ORZTXDOLW\ QRQH
$+0 %XVKILUH <HV 1R _BB_ $+0 6DOHRISURGXFWLRQ <HV 1R _BB_
$+0 3HVWDFWLRQ <HV 1R _BB_ $+0 6HFXULW\ WKHIWNLGQDSSLQJRISHUVRQQHOYDQGDOLVP _BB_
HWF <HV 1R
$+0 (SL]RRWLFGLVHDVHV <HV 1R _BB_ $+0 4XDOLW\VHHGV <HV 1R _BB_
$+0 )ORRGV \HV QR _BB_ $+0 /LYHVWRFNIHHGLQJ <HV 1R _BB_
$+0 0DVWHU\RISURGXFWLRQWHFKQLTXHV <HV 1R _BB_ $+0 9HWHULQDU\FDUH <HV 1R _BB_
$+0 3URFHVVLQJ <HV 1R _BB_ $+0 :DWHULQJRIDQLPDOV _BB_
$+0 &RQVHUYDWLRQRUVWRUDJH <HV 1R _BB_ $+0 )LQDQFLQJ <HV 1R _BB_
$+0 7UDQVSRUWDWLRQ <HV 1R _BB_ $+0 3RVWKDUYHVWSRVWSURGXFWLRQORVVHV <HV 1R _BB_
$+0 $FFHVVWRZDWHU <HV 1R _BB_ $+0 'HVHUWLILFDWLRQ <HV 1R _BB_
$+0 $FFHVVWRHOHFWULFLW\ <HV 1R _BB_
$+0&ROOHFWLRQUHVXOW
&RPSOHWHVXUYH\ 1RWILOOHGLQGXHWRDEVHQFHRIUHVSRQGHQW V
,QFRPSOHWHVXUYH\GXHWRUHIXVDORIUHVSRQGHQW V 1RWILOOHGLQGXHWRGLVSODFHPHQWRIUHVSRQGHQW V
,QFRPSOHWHVXUYH\GXHWRDEVHQFHRIUHVSRQGHQW V EHFDXVHRILQVHFXULW\ _BB_
,QFRPSOHWHVXUYH\GXHWRGLVDELOLW\RIUHVSRQGHQW V 1RWILOOHGLQGXHWRGLVDELOLW\RIUHVSRQGHQW V
1RWILOOHGLQGXHWRUHIXVDORIUHVSRQGHQW V 8QGHUDGPLQLVWUDWLRQ
6(&7,21²,1)250$7,21
1DPHRIUHVSRQGHQWBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&ROOHFWLRQHQGGDWH _BB_BB__BB_BB__BB_BB_BB_BB_
&ROOHFWLRQHQGWLPH _BB_BB__BB_BB__BB_BB_
(QXPHUDWRUFRGH _BB_BB_BB_BB_
1DPHRIHQXPHUDWRUBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
7KDQN\RXIRU\RXUNLQGFROODERUDWLRQ
&RGHV
*UDSKLTXH
DSKLTXH «IRU³2WKHU´
DSKLTXH «IRU³163´
«IRU³0LVVLQJ´
154