Management Reports • Jul 6, 2012
Management Reports
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| WR?HF@KŸQBʹHCMFK 6 | |
|---|---|
| Padome . 8 |
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| Valde . 10 |
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| D>BCRKŸMGŸRD>BHGɵPB 12 | |
| "R=RKUɵQ@Ÿ*RLTBCRKŸ@G@PUHP@KMPKMŸLBPU˚ 14 | |
| LLʟKLʟ=R . 16 |
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| 'GʁMDREGRŸIRQ@F@KŸUɵQ@KŸDPɵLMT@ 20 | |
| "R=RKUɵQ@KŸIɵPTR?@ 22 | |
| W@PKHGɵEK . 24 |
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| /LRPILRMLBKDɵŸKR?RP=ʟ=R 26 | |
| )HPIHPRLʟTɵŸKH>BɵEɵŸRL=BE?ʟ=R28 | |
| Ÿ /R=B@?Pʟ=RBŸ |
.28 |
| Ÿ 2B?@KŸIHEBLBDR 30 |
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| 2RE?@KŸQBʹHCMFK | |
| Ÿ Ÿ/R=B@?Pʟ=RKŸ?RP=ʟ=RŸIɵPKDRLRŸUR?ɵ 32 |
|
| Ÿ ŸWʇLGB@>ʟ=RKŸMGŸRLLʟKLʟ=RKŸIRKɵDMFB 33 |
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| Ÿ Ÿ\$BGRGȻMŸPBKDMŸTR?ʟ=R 33 |
|
| Ÿ ŸIKLɵDʯBŸMGŸGHLBDMFBŸIʇ>ŸIɵPKDRLRŸUR?RŸ=@BUɵF 34 |
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| Ÿ Ÿ2RE?@KŸB@L@BDLɵŸUR?RŸI@ʯʹRKŸKR?RE@ 34 |
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| Ÿ Ÿ,ɵDHLG@KŸI@PKI@DLʟTR 34 |
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| /RʟKBGɵLRBKŸǘGRGȻMŸIɵPKDRLK 36 | |
| Ÿ W@ʯʹRKŸTRBŸQRM?ʇCMFMŸRIPʇʪBGKŸIRPŸUR?M 36 |
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| Ÿ BERG>@ŸUR?RŸ?@>@F=Pʟ 37 |
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| Ÿ WRȻMŸDRIBLɵERŸBQFRBʹMŸIɵPKDRLKŸIRPŸUR?M 39 |
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| Ÿ ,RM?RKŸIE˚KFRKŸIɵPKDRLKŸIRPŸUR?M41 |
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| WB@EBDMFK | |
| Ÿ %PɵFRLT@?ʟ=RKŸIHEBLBDR42 |


D>BCM KR=B@?Pʟ=RK -*RLTBCRK %ɵQ@- LMPIFɵD Y /R=B@?Pʟ=R ?RP=ʟ=RK IPBHPBLɵL@ UR?ɵ LɵIRL Dɵ B@IPB@DȻʇCHK UR?HK =BCR G@IɵPLPRMDLR MG ?PHȻR UɵQ@K RIUɵ?@ URG DEB@GLB@F *RLTBCɵ URG DRBFBʹTREKLʟK )PB@TBCɵ 'URMGBCɵ MG *B@LMTɵ /RDRPɵ RP
G@IRPRKLB RMDKLH
UR?R QB@FM Eʟ?Q IRTRKR-PBFGH 'GʁMDREGR IRQ@F@KUɵQ@K DPɵLMT@K LMPIFɵD— 'W%) TRB 'GʁMDREGR W%) LBDR BQʹ@FLR URG?PʟQ TBKR IB@@CRFɵRDLʟTɵUɵQ@ DPɵLMTʇRLKLɵCHLLBDRBFBECF3 *ʟ?Q RPLHIRUɵCMȻɵUR?RTRKRPɵ'W%)LBDRB@K˚DGʇLKTʇKLMPBKDB TBKEB@EɵDRBK ?R=RKUɵQ@K RIFʇPK — FBEC F3 . #BPHIRK )HFBKBCRK LMPIFɵD — #) BQKLPɵ?ɵLRCɵK #B-PHIRK@G@PʗʇLBDRKBGAPRKLPMDL˚PRKIPBHPBLɵLʇKEʟ?Q UR?RF RELBCRK C˚PRK TREKLM P@ʗBHGK BP GHL@BDLK IRP TB@GM GH ʁ@LPB@F IPBHPBLɵPRCB@F DHPB?HPB@F MG Eʟ?Q RP LH BP IRP@?QRFK DR ȻRCɵK TREKLʟK LBDK P@REBQʇLBCRMGB UɵQ@K BGAPRKLPMDL˚PRKIPHC@DLB/RBKLʟ=ɵRPȻB@FIPHC@D-LB@F 'W%) EHFR URG*RLTBCRK URG DRBFBʹTREKLM ?PHȻɵ UɵQ@K RIUɵ?ʇ MG UɵQ@K LBPUMK BQT@B?ʇ IREB@EBGɵKB@K *RB BQTʇPLʇLM DPɵLMT@K LɵEɵDɵK RLLʟKLʟ=RK I@PKI@DLʟTRK MG BQKLPɵ?ɵLM DHGDPʇLMK L@VGBKDHK PBKBGɵCMFMK 'W%) LɵEɵDRBFH?@PGBQɵ>BCRB MG B@KIʇCRFRCRB IRIERȻBGɵȻRGRB UR?ɵ QBGɵLGBKDB L@VGBKDɵ BGKLBL˚LR 2,''%6 KI@>BɵEBKLB BQKLPɵ?ɵCR 'W%) FH?@PGBQɵ>BCRK DHG- >@I>BCM Eʟ?Q UR?RF WRFRLHCHLB@K MQ ȻH DHG- >@I>BCM LBDK LMPIBGɵLR 'W%) FH?@PGBQɵ>BCR MG BQTʇPLʇLR DPɵLMT@K IRIERȻBGɵȻRGRK EB@L?@Pʟ=R ERB LɵEɵD IRRMUKLBGɵLM UɵQ@K RIUɵ?@K ?PHȻʟ=M IRLʇPʇLɵCB@F MG GH?PHȻBGɵLM LB@F G@IB@>B@ȻRFHK UɵQ@K RIFʇPMK UR?ɵ IRLʇPʇLɵCB@F LBDR IɵP?HLB FECP? F3 ?R=RKUɵQ@K /R=B@?Pʟ=RK G@LH I@ʯʹR KRKGB@?QR *K FBEC #1X FBEC DRK BP IRP EB@EɵDR G@Dɵ UR?ɵ +H?@PGBQɵ>BCɵ CRMGM IRLʇPʇLɵCM IB@KRBKLʟȻRGɵ MG ?PHȻʟ=RK MQER=HȻRGRK IRKɵDMFHK /R=B@?Pʟ=R BGT@KLʇCR *K FBEC #1X FBEC UR?ɵ LMPIBGɵCR IB@RMUL UɵQ@K EB@LHLɵCM DHIʇCRBK KDRBLK UR?R =@BUɵK KRKGB@?QHL L˚DKLHȻMK ˚LBKDɵDB@IPHC@DLB DMPMK/R=B@?Pʟ=RP@REBQʇCRUR?ɵ >@ELGB@>ʟ=RK?RP=B'W%)MGUɵQ@KTR?RBQ=˚T@Q@F"RM-URTRK UMELG@K RP VHPBQHGLɵEɵK MP=ȻRGRK F@LH?B DRK LBDRGH?HLK@DKIEMRLɵ>BCɵUR?R=@BUɵKWRUɵCMȻRCɵUR?ɵ LMPIBGɵCɵK RPʟFRʗBKLPɵEH UɵQ@KTR?M L@VGBKDɵ KLɵTHDʯR ?BRUGHKLBDR MG TRKRPɵ B@KIʇCRFɵK GHIE˚?@K ȻRCHK UɵQ@KTR?HKLBDRIɵP=RM?ʟLRKRPEɵQ@PL@VGHEHʗBCMIREʟ?Qʟ=M RPȻBFGHE˚DRFKI@>BɵEB RIPʟDHLMMELPRFH?@PGM--I@G %PB?#MPHI@-V@EBDHIL@PM'PCɵRLQʟFʇ DRIʇ?ʇCHKUR?HK /R=B@?Pʟ=R IRKLBIPBGɵLM MQFRGʟ=M IB@TʇPȻ KRTERB>ʟURB >RMPMʯTR?M =HCɵCMFM RLDEɵȻRGRB MG LH GHTʇPȻRGRB UR?ɵ WR?HF@ KRTɵK Kʇ?ʇK MQDERMKʟCR MG RI-KIPB@?R 2RE?@K KRURLRTHLHK QBʹHCMFMK WR?HF@B IRP /R=B@?Pʟ=RK ?RP=ʟ=M BQKDRLʟCR MG RD>@ILʇCR UR?R IɵPKDRLR MG UR?R =M?ȼ@LR IPHC@DLMK WR?HF@ BQL@B>R 2RE?@B GHPɵ?ʟCMFMK MG B@L@BDMFMK /R=B@?Pʟ=RK ?RP=ʟ=RK MQER=HȻRGRB WR?HF@ BQKDRLʟCR MG RIKLBIPBGɵCR 2RE?@K KRURLRTHLɵK BQFRBʹRK EʟUMFHK RP ?R=RKUɵQ@K IB@Uɵ?ɵLɵCB@F / -%RQIPHF- MG /' -'0#X *RLTBCR- 0ɵ?ʇCɵ?B *RLTBCRB BP URPRGLʇLRK KLR=BERK ?R=RKUɵQ@K IB@Uɵ?@K Eʟ?Q UR?RF MG GH?PHȻBGɵLR UɵQ@K DHGDMPʇLKIʇCR @G@PUHP@KMPKM LBPU˚ WR?HF@ BP B@IRQBGMKB@K RP 2RE?@K KRURLRTHLH )HPIHPRLʟTɵKIɵPTRE?ʟ=RKQBʹHCMFMIRPIRUɵCMȻHUR?M DRKKRURLRTHLKKRKDRʹɵRP/-,/".-+4XBUR-BQ- ?HLRCB@F-)HPIHPRLʟTɵKIɵPTRE?ʟ=RKIPBG>BIB@FMGB@L@B-DMFB@FLHB@TB@ȻRGɵ- MGMQKDRLR DR2RE?@BPIRT@BDMKB GHIB@LGM ?RP=M ERB /R=B@?Pʟ=R KRTɵ ?RP=ʟ=ɵ B@TʇPHLM P@DHF@G?ʇLHK DHPIHPRLʟTɵK IɵPTRE?ʟ=RK IPBG>BIMK Pʟ WR?HF@ KRTɵ ?RP=ʟ=ɵ TR?ɵK GH ȻB@F IPBG>BIB@F WɵPKDRLR I@PBH?ɵ WR?HF@ P@UMEɵPB BP KRʹʇFMKB 2RE?@K QBʹHCMFMK IRP /R=B@?Pʟ=RK ?RP=ʟ=M KRBFGB@>BKDH MG ǘGRGKBɵEHKLɵTHDEBWR?HF@BPMQPRM?QʟCMKB2RE?@K?RP=ʟ=M TBKHK URET@GRCHK TBPQB@GHK MG K@DHCMKB ERB /R=B@?Pʟ=R KLPɵ?ɵLM KRKDRʹɵ RP EBDMFB@F /R=B@?Pʟ=RK KLRL˚LB@F MGRD>BHGɵPMIBEGKRIME>@KEʇFMFB@F IɵP=RM?ʟCMKBMG RD>@ILʇCMKB /R=B@?Pʟ=RK B@KGB@ULH =M?ȼ@LM Dɵ RPʟ BQ-L@BDMKB IPB@DȻEBDMFMK /R=B@?Pʟ=RK ?RP=R MQER=HȻRGRB /R=B@?Pʟ=RK UR?R IɵPKDRLR P@TʟQBCM BP T@BDMKB KLRPILRMLBKDR RM?BLHPǘPFR WPB>@NRL@PVHMK@!HHI@PK /' WR?HF@ BP KRʹʇFMKB P@TB?@GLR QBʹHCMFMK DMPHK
=BCR MP=MFM P@DHGKLPMD>BCRK MG KRMKBGɵȻRGRK B@DɵPLRK
RLQʟLK DR ǘGRGȻM IɵPKDRLK KGB@?Q IRLB@KM MG KDRB?PM IPB@DȻKLRLM IRP / -*RLTBCRK %ɵQ@- Dɵ RPʟIRPLɵK?RP=ʟ=RKǘGRGȻMP@QMELɵLB@FMGGRM- ?RK IE˚KFɵF UR?ɵ KRKDRʹɵ RP *RLTBCRK X@IM=EBDRK -%R?R IɵPKDRLR- EBDMFM WR?HF@ BP BQKDRLʟCMKBMGRD>@ILʇCMKB2RE?@KQBʹHCMFMIRP /R=B@?Pʟ=RK?RP=ʟ=MIɵPKDRLRUR?ɵ IʇLGB@>ʟ=RK MGRLLʟKLʟ=RKIRKɵDMFB@F ǘGRGȻMPBKDMTR?ʟ=M DɵRPʟIPB@DȻEBDMFMKIRPUR?RI@ʯʹRKKR?REB
/R=B@?Pʟ=RK WR?HF@ BQKRDR RLQBGʟ=M 2RE?@B MG ?RP=BGB@DB@F IRP TBʹM K@DFʟUH ?RP=ʟ=M MG T@BDMFM UR?ɵ MG GHTʇE IRGɵDMFMK MG BQRMUKFBRPʟLMPIFɵD

7.LPP.

WR?HF@KIPB@DŬKƸ?ƸLƦCK
)HIȻUR?RFRPLR/-%RQIPHF-%ɵQ@KMGȻʪB?PH HUʯ˚?@ʹPRȼMLBP?QGB@>ʟ=RKMGRIKLPɵ?@K?@IRPLRF@GLRTR?ʟLɵCK /-%RQIPHF-2RE?@KEH>@DEBK UR?ɵ=@B?QBK/RGDLIʇL@P=MPURK2REKLKMGBT@PKBLɵLBDP@?ʟLM
L@HPBCɵMGǘGRGȻMTR?ʟ=ɵ
UR?ɵ=@B?QBK"\$1KLBGHTRTɵP?ɵGHKRMDLH RELBCRK2REKLK L@VGBKDHMGBT@PKBLɵLB/RGDLIʇL@P=MPUɵBFIMEKMB@PʟʁMMG RMLHFRLBQʇLHPHLɵ>BCRKEʟGBCMBGȼ@GB@PBCRKCHFɵ

)HIȻUR?R/'-'0#X*RLTBCR-IP@QB?@GLK YUR?KY2R?HȻH?RP=BGB@DMDTREBǘDɵ>BCRK>@EȻRGRK MGBT@PKBLɵL@K/LRPILRMLBKDHRLLB@>ʟ=MARDMELɵL@ YUR?KYXʟURKWHEBL@VGBKDɵBGKLBL˚LRRKIBPRGL˚PR
PdžteRM FR;NKeNbeRgM
WR?HF@KIPB@DŬKƸ?ƸLƦCRTB@LGB@DK
Investment Management and International Shareholdings Mid-/DownstreamTR?ʟLɵCK -#-,XMVPURK%-T@>ɵDRBK TB>@IP@QB?@GLK -#-,XMVPURK'GL@PGRLBHGRE-PʟDHLɵC?BP@DLHPK UR?KY"PP@PH@>"PWV KLRPILRMLBKDɵUPɵFRLT@?ʟ=R HVMFRKX˚PRKMGBT@PKBLɵL@

)HIȻUR?R-#-,XMVPURK'GL@PGRLBHGRE%- YUR?ɵ-XMVPURK%- RELBCRKTREKLM=BPHCRTR?ʟLɵCK YUR?KY+RDKRWERGDRBGKLBL˚LK+BEV@BFɵIB@X˚PRK "PWV

)HIȻUR?R-#-,XMVPURK'GL@PGRLBHGRE%- RELBCRK TREKLM=BPHCRTR?ʟLɵCK0REEBGɵ 'URMGBCɵUR?KYFRʗBKLPR UPɵ?KUEH=ɵERCɵ=BQG@KRR?FBGBKLPʇȻRGɵ

)HIȻUR?R/'- RELBCRKKRȻʪB?PBGɵLɵUɵQ@- ʗ@G@PɵE?BP@DLHPK/LRPILRMLBKDRBKǘGRGȻMMG@DHGHFBDRK BGKLBL˚LK KLRPILRMLBKDɵK@DHGHFBDRKMGKLRPILRMLBKDHRLLB@>ʟ=M KI@>BREBLɵL@

)HIȻUR?R/-%RQIPHF-2RE?@KEH>@DE@ /LPRLʇʗBKDɵK RLLʟKLʟ=RK?@IRPLRF@GLRTR?ʟLɵCRUR?KY'+%M=DBGR TɵP?ɵGHKRMDLRBK+RKDRTRK,RǜRKMGUɵQ@KP˚IGB@>ʟ=RK BGKLBL˚LK BGȼ@GB@P@KDTREBǘDɵ>BCRGRǜRKMGUɵQ@KTR?M UɵQ@KDPɵLMTCMMGGRǜRKLT@PLʹMIPHC@DLʇȻRGɵ IEɵGHȻRGɵMG @DKIEMRLɵ>BCɵRKIBPRGL˚PR'+%M=DBGRTɵP?ɵGHKRMDLRCɵ +RKDRTRK,RǜRKMGUɵQ@KP˚IGB@>ʟ=RKBGKLBL˚Lɵ

0P?¤!CJM
)HIȻUR?R-#-,XMVPURK%-T@>ɵDRBKTB>@IP@QB?@GLK UɵQ@KIB@Uɵ?@KRMKLPMFMGH?RʯRKTR?ʟLɵCK+RʗBKLPRUPɵ?KGRǜRK BGȼ@GB@PBCɵ UPɵ?K=BQG@KRTR?ʟ=ɵ?BIEHFKYDHF@PKRGLK

)HIȻUR?R-#-,XMVPURK%-T@>ɵDRBKTB>@IP@QB?@GLK RL=BE?ʟUKIRP?B@GTB?MUɵQ@KTR?MKBKLʇFRKMQLMPʇȻRGM UR?KYKLM?ʇCBKFRȻʟG=˚TB2ʟG@K0@VGBKDRCɵMGBT@PKBLɵLʇ MKLPBCR KI@>BREBQʇCB@KK˚DʹMKLR>BCMF@LBGɵȻRGɵMG VB?PRMEBKDRCɵIPHC@DLʇȻRGɵGRǜRKBG?MKLPBCRB

)HIȻUR?R/-%RQIPHF-?BP@DLHPMIR?HF@KEH>@DE@Iʇ> MQʹʇFMFRRD>BHGɵPMKRIME>@KEʇFMFRUR?KY)HPHLʁ@GDH )BC@TRK0RMLKRBFGB@>ʟ=RKBGKLBL˚LKX˚IGB@>ʟ=RKIEɵGHȻRGRK KI@>BREBLɵLʇ

)HIȻUR?R,%)'0#X+RKDRTR )PB@TBCR#DKIHPLR ?@IRPLRF@GLR?BP@DLHPKUR?KY+RKDRTRK2REKLK ɴPEB@LMMGBT@PKBLɵL@+%'+-ɴPEB@LMFBGBKLPBCRKB@LTRPHK DHF@P>?@IRPLRF@GLR?BIEHFK DRK@DTBTRE@GLK@DHGHFBDRK FRʗBKLPRFY@DHGHFBKLKRPKT@ȻTREH?MBLɵEB@ȻMMGRGUʯM QBGɵȻRGɵF

)HIȻUR?R/-*RLTBCRK%ɵQ@-2RE?@K EH>@DE@UɵQ@KGHQRPʇDHIȻUR?R UR?KY*RLTBCRK1GBT@PKBLɵL@ KH>BɵEH QBGɵLʹMFRʗBKLPRUPɵ?K@DHGHFBDɵ
JIrgM TuG;tM
)HIȻUR?R/-*RLTBCRK%ɵQ@-2RE?@K IPB@DȻKʇ?ʇLɵCRTB@LGB@DK YUR?KY-#-,XMVPURK%
XMVPURK%-MKLPMFMUɵQ@KB@IBPDMFM?@IRPLRF@GLK GH?RʯRK TR?ʟLɵCK/-%RQIPHF-RD>BCM RMKLPMFMUɵQ@K B@IBPDMFMEʟUMFBUɵQ@KGHQRPʇDHIȻUR?R YUR?KY&ɵU@G@K1GBT@PKBLɵL@ =BQG@KR R?FBGBKLPɵ>BCRK?BIEHFK"BIE @LPB@=KNBPL
)HIȻUR?R/-%RQIPHF-+ɵPD@LBGUR UɵQ@KMG ȻʪB?PHHUʯ˚?@ʹPRȼMIɵPKLPɵ?@K?@IRPLRF@GLRTR?ʟLɵCR IBPFRBKTB@LGB@DKUɵQ@KGHQRPʇDHIȻUR?R UR?KY'+%M=DBGRTɵP?ɵGHKRMDLRBK+RKDRTRK ,RǜRKMGUɵQ@KP˚IGB@>ʟ=RKBGKLBL˚LK BGȼ@GB@PR DTREBǘDɵ>BCRGRǜRKMGUɵQ@KTR?M UɵQ@KDPɵLMTCMMG GRǜRKLT@PLʹMIPHC@DLʇȻRGɵMG@DKIEMRLɵ>BCɵ


/ -*RLTBCRK %ɵQ@- RD>BCRK LB@D DHLʇLRK -,/". -+4 XBUR- =BPȼɵDHIȻUR?RA@=PMɵPR D>BCRK LB@D LBPUHLRK HLPRCɵ KRPRDKLɵ LHLBP?QGB@>ʟ=RKDH?KGH UR?RRMUMKLRBP%6#X =@L GHFBGɵETʇPLʟ=R Y *K )HIʇCRBK TʇPLKIRIʟPM KDRBLK BP FBEC =@LTʇPLKIRIʟPMKDRBLKIM=EBKDɵRIUPHQʟ=ɵBP Wʇ> *RLTBCRK !@GLPɵEɵ ?@IHQBLɵPBCR RIDHIHLɵK KLRLBKLB-DRK *RLTBCRKTʇPLKIRIʟPMLBPUMKUR?ɵ=BCBKRDLʟTɵDK G@DɵUR?MB@IPB@DȻYRD>BCMLBP?QGB@>ʟ=RLRCɵKRKGB@UMKB *K FBEC DRK BP IRP TRBPɵD G@Dɵ UR?ɵ UR?ɵ *RLTBCɵ =RGDɵK MG =PHD@PKR=B@?Pʟ=ɵK LBDR RLTʇPLBCRMGBTʇPLKIRIʟPMDHGLB.
"RPǐCMFBRP/-*RLTBCRK%ƦQ@-RD>BCƦF/-,/".-+4XBUR-=BPŭƦ–UR?Ʀ
| 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D>BCRKŸ>@GRŸ*K | ||||||||||||
| ŸŸŸWBPFɵ | ||||||||||||
| ŸŸŸMUKLɵDɵ | ||||||||||||
| ŸŸŸ6@FɵDɵ | ||||||||||||
| ŸŸŸ2B?ʇCɵ | ||||||||||||
| ŸŸŸWʇ?ʇCɵ | ||||||||||||
| ŸŸŸ'QFRBʹRK | ||||||||||||
| D>BCMŸRIUPHQʟCMFK | ||||||||||||
| IUPHQʟCMFKŸFBEC | ||||||||||||
| Ÿ*K | ||||||||||||
| "RPʟCMFMŸKDRBLK | 863 | 864 | 988 | |||||||||
| W@ʯʹRŸMQŸRD>BCM | ||||||||||||
| )RIBLREBQɵ>BCRŸFBEC | ||||||||||||
| Ÿ*K |

WɵPKDRLRUR?M/-*RLTBCRK%ɵQ@-GHKEʇ?QRRPG@FRBGʟUM RD>BHGɵPM KLPMDL˚PM UR?R =@BUɵK MQʹʇFMFRF =BCR LPʟK URET@GB@ RD>BHGɵPB 2ɵ>BCRK MQʹʇFMFK -#-,XMVPURK'GL@PGRLBHGRE%F=&- DRFIB@?@P RD>BCM )PB@TBCRK/-%RQIPHF- RP RD>BCMMG/' -'0#X*RLTBCR-RPRD>BCMWɵPʇCB@ RD>BCMIB@?- @P FRQRCB@F RD>BHGɵPB@F LHKLRPI RPʟ MQʹʇFMFR ?RP-
=BGB@DB@F /R=B@?Pʟ=RK IRFRLDRIBLɵEK IɵPKDRLR UR?R =@BUɵK G@=BCR FRBGʟCB@K MG T@B?HCR *K FBEC #1X FBEC DRK KR?REɵK LBDIRL ?RM?QɵK =REKKLB@KʟUɵK RD>BCɵKRPGHFBGɵETʇPLʟ=M*K #1X
D>BCM KR=B@?Pʟ=RK DRIBLREBQɵ>BCRK TʇPLʟ=R UR?R =@BUɵKKRKGB@?QR*K FBEC DRKBPIRP*K FBEC TRBPɵDG@DɵB@IPB@DȻʇCɵIɵPKDRLRUR?R=@BUɵKWʇ>RD>BCM LBPUMK DRIBLREBQɵ>BCRK MQʹʇFMFK B@ʹʇFR IBPFH TB@LM KLRPI -,/". -+4 XBUR- DHLʇLRCB@F MQʹʇFMFB@F MG >@LMPLH TB@LM KLRPI -,/". -+4 RELBCR- DHLʇLRCB@F MQʹʇFMFB@F B@IPB@DȻʇCɵ IɵPKDRLR I@PBH?ɵ MQʹʇFMFK B@ʹʇFR RLLB@>ʟUB IBPFH MG RKLHLH TB@LM
/ -*RLTBCRK %ɵQ@- TB@GRK RD>BCRK >@GR -,/". -+4 XBUR- IɵPKDRLR I@PBH?ɵ KTɵPKLʟCɵK GH *K Eʟ?Q *K GH #1X Eʟ?Q #1X =@L UR?R =@BUɵK KRKGB@?QR *K #1X DRK BP IRP TRBPɵD KREʟ?QBGHL RP UR?R =@BUɵF /RTMDɵPL RD>BCM RIUPHQʟCMFK -,/". -+4 XBUR-
34% AAS "Gazprom" 16% SIA "ITERA Latvija" 2,8% Citi 47,2% "E. ON Ruhrgas International GmbH"
KRKGB@?QRRD>BCRK*K FBEC#1X FBEC TʇPLʟ=ɵ DRK BP IRP RD>BCɵF TRBPɵD G@Dɵ UR?ɵ
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RD>BCR




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X˚IGB@>BKDRCB@F DEB@GLB@F LRPBǘ FRBGɵK DRLPM FʇG@KB RLDRPʟ=ɵ GH B@IBPDMFR >@GRK UR?R >@LMPDKGʟ KREʟ?QBGHLRPUR?R=@BUɵF KRBKLʟ=ɵRPER=TʇEʟUB@F RIKLɵDʯB@FP˚IGB@>BKDRCB@FDEB@GLB@FLRPBǘKRFRQBGɵCɵK TB?ʇCB IRP 0HFʇP Eʟ?Q RP KLPRMCH GRǜRK MG LɵK IPH?MDLM>@GMDɵIMFMIB@LɵFBPIB@KRBKLʟLR?R=RKUɵQ@K B@IBPDMFR >@GR Eʟ?Q UR?R =@BUɵF LRPBǘ RLUPB@QɵK B@IPB@DȻʇCɵUR?RGHURE@K>@GMEʟF@Gʟ
"R=RKUɵQ@K >@GM =˚LBKDB B@L@DFʇCR GH?HDʯM BQFRBʹRK C˚EBCɵ ,H Ȼʟ =PʟȼR FɵCKRBFGB@>ʟ=M DEB@GLB@F LBDR RL>@ELR KRFRQBGɵLɵ W2, EBDF@ RIFʇPɵ Y Lɵ IB@RMUR Eʟ?Q 0MPDEɵL URG ?R=RKUɵQ@B DH BQFRGLH FɵCKRBFGB@>ʟ=RK IEʟLʟK MG RIDMPʇ URG RPʟ LRB DH EB@LH KBELMFR MG @E@DLPH@G@PʗBCRK PRȼHȻRGɵ LBDR IB@FʇPHLK RD>ʟQ@KGH?HDEBKERLMRIFʇPɵIRPDM=BDF@LPB@F 0ɵ?ʇʯ IB@RMUR LRPBABFɵCKRBFGB@>ʟ=ɵF Y IRP IEʟLK EB@LHLɵCB@F MG RIDMP@B =@L P˚IGB@>BKDɵ IRLʇPBʹR RD>BQʇLɵK?R=RKUɵQ@K>@GRIB@RMURIRPY
UR?R A@=PMɵPʟ *RLTBCRK TRE?ʟ=R IB@ʹʇFR EʇFMFM IRIERȻBGɵL RP RD>ʟQ@K GH?HDEB RIEB@DRFH EB@LHLɵCM EHDM IB@TB@GHCHL LRF RPʟ @E@DLPH@G@PʗBCRK PRȼHȻRGM MG DHʗ@G@Pɵ>BCM L B CHFRK DRK IRLʇPʇ EB@EɵDH ?RʯM ?R=RKUɵQ@K ȹBK EʇFMFK LBDR IRFRLHLK RP IRIBE?M =M?ȼ@LRDHGKHEB?ɵ>BCRKIRKɵDMFMG@IB@>B@ȻRFʟ=M
/REʟ?QBGHL RP >BLɵF #BPHIRK /RTB@Gʟ=RK #/ TREKLʟF IɵPKDRLR I@PBH?ɵ / -*RLTBCRK %ɵQ@- KIʇCR IB@?ɵTɵL KRTB@FDEB@GLB@F?R=RKUɵQBIRP>@GɵF DRKBPTB@GRKGH
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WɵPKDRLR UR?ɵ DHʗ@G@Pɵ>BCRK KLR>BCM KDRBLK IB@RMURIRP =@L LRCɵKMQKLɵ?ʟLɵ @E@DLPBKDɵCRM?R Y IRP +3 C@= KREʟ?QBGHL RP UR?M UR?ɵ DHʗ@G@Pɵ>BCɵKKLR>BCMKBELMF@G@PʗBCRKMG@E@DLPH@G@PʗBCRK PRȼHȻRGRBBQFRGLHCR?R=RKUɵQB
UR?ɵ LMPIBGɵCɵK XʟURK L@PFH@E@DLPH>@GLPɵE@K 0#! P@DHGKLPMD>BCR DMPM IRP@?QʇLK IR=@BUL Eʟ?Q UR?RC˚EBCRF=MXʟURK0#!@G@PUH=EHDMDHIʇCɵ @E@DLPBKDɵCRM?RDHʗ@G@Pɵ>BCRKP@ȼʟFɵIʇ>P@DHGKLPMD>BCRK KRKGB@UK +3 Lɵ?ʇCɵ?B Ȼʟ KIʇDKLR>BCR RPʟ LMPIFɵD =˚KEB@EɵDRBK?R=RKUɵQ@KIRLʇPʇLɵCK*RLTBCɵ
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2B@GERBDMK KLPRLʇʗBCRK RMLHPB IPHUGHQʇ DR Eʟ?Q UR?RFDHIʇCRBK?R=RKUɵQ@KIRLʇPBʹRIB@RMUMFK*RLTBCɵ GRTURB?ɵFK LRʁMIRP@?QRFK DRFRBGʟKB@K?R=RKUɵQ@K BQFRGLHȻRGRK KLPMDL˚PR KRFRQBGHLB@K ?R=RKUɵQ@K IRLʇPBʹRF >@GLPREBQʇLRCɵ KBELMFRIUɵ?ʇ =@L IB@RMUHL LPRGKIHPLɵ P˚IGB@>ʟ=ɵ MG ?@>@GLPREBQʇLɵK RIDMP@K KBKLʇFɵK
"HDMF@GLɵ MQKTʇPLK DR *RLTBCRK ?R=RKUɵQ@K BGAPRKLPMDL˚PR RIUɵ?@K ?PHȻʟ=RK QBʹɵ BP GHTʇPLʇLR Dɵ LP@ȻɵER=ɵDɵ#/)ɵLMPIFɵDB@BGAPRKLPMDL˚PRKRLLʟKLʟ=RK TBPQB@GB KLPRLʇʗBCɵ FBGʇLRK =BHUɵQ@K MG BEUL@PFBʹɵ RPʟ KEɵG@DʯR UɵQ@K GH?HȻRGRK B@KIʇCRK DHIʇCɵ KBKLʇFɵ KRȻʪB?PBGɵLɵK ?R=RKUɵQ@K BFIHPLR L@PFBGɵʯR CRM?M GH?PHȻBGɵȻRGR MG RLDRPʟ=ɵ GH IB@IPRKʟCMFR BQFRBʹɵF RPʟCRMGMTREKLKL@PBLHPBCMURQBǘDɵ>BCR
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RKDRʹɵ RP / -*RLTBCRK %ɵQ@- ?RLB@F UR?ɵ ARDLBKDB IɵP?HLɵK ?R=RKUɵQ@K RIFʇPK KRKGB@?QR FBEC GF3 DRK BP IRP FBEC GF3 FRQɵD G@Dɵ UR?ɵ DR? *RLTBCɵ IɵP?@TR FBEC GF3 ?R=RKUɵQ@K /RTMDɵPL ?R=RKUɵQ@K IRLʇPBʹȻ @G@PʗʇLBDRKK@DLHPɵIɵPKDRLRUR?ɵ
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*RB T@B>BGɵLM @IRDREIHCMFM BQFRGLHȻRGM IɵPKDRLR UR?ɵIRP B@KIʇCɵF BQFRGLHL @IHPLɵEM)HGLRDLM>@GLPR ?RP=BGB@DB BGAHPFʇCR TRBPɵD G@Dɵ L˚DKL EB@LHLɵCM =@L L˚DKLI@PKHGMLBDRKGB@ULRIREʟ?Qʟ=R@IHPLɵER EB@LHȻRGɵ*RBK@DFʇLM@IRDREIHCMFMBQFRGLHȻRGM RPʟ / -*RLTBCRK %ɵQ@- )EB@GLM RIDREIHȻRGRK >@GLPɵ XʟUɵ B@PʟDHCRDEB@GLML@PFBGɵEB

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UR?RKɵDMFɵ
2008
%ɵQ@KTR?MURPMFK 'Q=˚TʇLKUR?ɵ






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UR?ɵ MQʹʇFMFR Fɵ>ʟ=M >@GLPɵ KɵDR ?RP=HLB@K CRMGR BGAHPFɵ>BCRK KBKLʇFR WɵPKDRLR UR?ɵ >@GLPɵ IɵPKLPɵ?ɵLRK DERKBǘ>ʇLRK MG DH?ʇLRK @KHȻɵK Fɵ>ʟ=M IPHUPRFFRK DRKRIKLBIPBGɵLRK*RLTBCRK/BELMFR UɵQ@K MG˚?@GK L@VGHEHʗBCRK BGȼ@GB@PM KRTB@Gʟ=ɵ */%˙0'/
)HIɵ IɵPKDRLR UR?ɵ Fɵ>ʟ=M >@GLPɵ Fɵ>ʟCɵK KI@>BɵEBKLK GH LB@F MQʹʇFMFR ?RP=BGB@DB /REʟ?QBGHL RP UR?M Fɵ>ʟ=M >@GLPɵ BQUEʟLHLH MQʹʇFMFR ?RP=BGB@DM KDRBLK KRFRQBGɵCB@K IRP =@L IɵPʇCH Y IRP 0RK KDRB?PHCRFK RP / -*RLTBCRK %ɵQ@- ?RP=BGB@DM Fɵ>ʟ=M IPH>@KR >BDEBKDMFM /RTMDɵPL IRKGB@?QʇCM Y MQʹʇFMFR ?RP=BGB@DM Y GHKEH?Q@ E@D>BCɵK IPRDLBKDRCHK ?RP=HK @DKɵF@GHK M LFE IɵPKDRLR UR?ɵ BP KLPRMCB IREB@EBGɵCMKB@K IB@RMUHL GH KLMG?ɵF UR?ɵ Eʟ?Q KLMG?ɵF UR?ɵ /RTMDɵPL IB@RB>BGɵLH ɵPȻLRLR IRKGB@?QʇCM GHKEH?Q@ BP KRFRQBGɵCMKB@K

25.LPP.


ɵPKDRLR UR?ɵ MQʹʇFMFK KLRPI-LRMLBKDH KR?RP=ʟ=M ʟKL@GHCR LPB-CHK IRFRLTBPQB@GHK ȹRCɵ ERBDɵ LMPIBGɵCɵK CRM B@IPB@DȻ B@KɵDLɵ KR?RP=ʟ=R #BPHIRK /RTB@Gʟ=RK BGKLBL˚>BCMB@LTRPHK LBDRRLLʟKLʟLB KRDRPB RP / -*RLTBCRK %ɵQ@- 2ɵ>BCRK MG )PB@TBCRK RD>BHGɵPM MQʹʇFMFB@F Dɵ RPʟ RP UɵQ@K
GHQRP@KKLRPILRMLBKDRCɵFHPURGBQɵ>BCɵF
UR?ɵ IRFRLHCHLB@K MQ #BPHIRK WRPERF@GLR MG WR?HF@K X@UMEM ,P
IRP UɵQ@K IB@Uɵ?@K ?PHȻʟ=RKIRKɵDMFB@F KRTKLRPIʇCBKR?RP=HCHLB@K*RLTBCRK *B@LMTRK MG 'URMGBCRK @DHGHFBDRK MG @G@PʗʇLBDRK FBGBKLPBCM P@UMERLHPMMGUɵQ@KMQʹʇFMFMIɵPKLɵTCB@F LBDRKRURLRTHLKP@ʗBHGɵEɵPBKDRGHTʇPLʇȻRGRK?HDMF@GLK
ȹRCɵ ?HDMF@GLɵ IRFRLHCHLB@K MQ UɵQ@K IR?@T@K IɵPLPRMDMFM K>@GɵPBCM RGREʟQB BP B@QʟFʇLB DHGDPʇLB IPHC@DLB DRK=˚LMʟKL@GHCRFBP@ʗBHGɵEɵKUɵQ@KRIUɵ?@K ?PHȻʟ=RK IRRMUKLBGɵȻRGRB />@GɵPBCM RGREʟQ@ TʇEP@BQ RIEB@>BGɵCR DRTBK=˚LBKDɵDɵGHQʟF@P@ʗBHGR?PHȻɵUɵQ@K RIUɵ?ʇBP'GʁMDREGRW%) RELBCRKTREKLBKȻH?HDMF@GLM RIKLBIPBGɵCRUR?RFRPLɵ
/RBKLʟ=ɵRPȻʟIPHC@DLR P@REBQɵ>BCMUR?RK@IL@F=Pʟ MQʹʇFMFM RIF@DEʇCR #BPHIRK X@TʟQBCRK IREɵLRK MG #BPHIRK)HFBKBCRK?RP=BGB@DB ERBT@BDLM##WXǘGRGKʇLɵ IPHC@DLR -%ɵQ@K IɵPTR?R Q@F "RMURTRK FH?@PGBQɵ>BCR MG TBPQMʯR IB@ʹ@FȻRGRK DRF@PRK BQ=˚T@ ǘGRGȻM P@TʟQBCM X@TʟQBCR G@RLDEɵCR G@Dɵ?MK IɵPDɵIMFMK IPH-C@DLRP@REBQɵ>BCRKURBLɵ
)HIɵRPUɵQ@KIɵPTR?@KKBKLʇFRKHI@PRLHPB@FGHWHEB-CRK 6TB@?PBCRK "ɵGBCRK /HFBCRK *B@LMTRKMG'URMGBCRK /-*RLTBCRK%ɵQ@-IB@?REʟCɵK RELBCRK@G@PʗʇLBDRKLBPUMK KLRPIKRTB@GHCMFMIEɵGR #+'WY RELB>#G@PUO+RP-D@L 'GL@P>HGG@>LBHG WERG B@LTRPHK T@B?HCRFɵ %ɵQ@K P@ʗBHGɵEɵBGT@KLʟ>BCMIEɵGR%X'WY%RKX@UBHGRE'GT@KL-F@GLWERGBQKLPɵ?ʇ
/RKDRʹɵRP#BPHIRKWRPERF@GLRMGWR?HF@KX@UMEMIRP 0PRGK@BPHIRK @G@PʗʇLBDRK BGAPRKLPMDL˚PRK TR?EʟGBCɵF FBGʇLɵKR?RP=ʟ=RKIPHC@DLRB@DʯRMȻRGR%X'WBPTB@GKGH IPB@DȻGHL@BDMFB@FLMPIFɵDRBDHIʇCHBGL@P@ȻMIPHC@DLR )'W KLRLMKR GHL@BDȻRGRB 0RK KRTMDɵPL IRT@P B@KIʇCRK #BPHIRK/RTB@Gʟ=RKAHG?MǘGRGKʇCMFRKRʹ@FȻRGRB
WRPȻʟIEɵGRP@REBQɵ>BCMRL=BE?UɵQ@KIɵPTR?@KHI@PRLHPM RKH>Bɵ>BCR #,0/-% #MPHI@RG ,@LNHPD HA 0PRGKFBK-KBHG/OKL@F-I@PRLHPKAHP%RK
WɵPKDRLR UR?ɵ LMPIBGɵCɵK T@BDKFʟUɵ KR?RP=ʟ=R RP MQʹʇFMFR EB@EɵDH RD>BHGɵPM Y / -%RQIPHF- MG -# -, XMVPURK 'GL@PGRLBHGRE %F=&- Y MQʹʇFMFM MG RIRDȻMQʹʇFMFMKI@>BɵEBKLB@F
%RET@GB@ KR?RP=ʟ=RK TBPQB@GB =BCR 'GʁMDREGR W%) LMPIFɵDɵFH?@PGBQɵ>BCR UɵQRIUɵ?@KKBKLʇFRK?RP=ʟ=RK ?PHȻʟ=RK IRRMUKLBGɵȻRGR FRʗBKLPɵEH UɵQ@KTR?M @DKIEMRLɵ>BCRKCRMLɵCMFB UɵQ@KTR?MIɵP=RM?@K BQFRG-LHCHLBGL@E@DLMɵEHKTBPQMʯMKMG>BLRKL@VGHEHʗBCRK DɵRPʟ ?RP=KRPDEB@GLB@FM>CRMLɵCMFB
UR?R K@IL@F=Pʟ / -*RLTBCRK %ɵQ@- ?BKI@ʁ@PM ?B@G@KLR ?RP=BGB@DM ?@E@Uɵ>BCR 2ɵ>BCɵ B@IRQBGɵK RP MQʹʇFMFR --I@G %PB? #MPHI@ %F=&-?BKI@ʁ@PM ?RP-
=M RIF@DEʇCR ?BKI@ʁ@PM >@GLPM Dɵ RPʟ IR=BCR -# -, %RK /LHPRU@ %F=&- #>@E@K (Etzel) KɵEK DRT@PGM UɵQ@K DPɵLMTʇ
WɵPKDRLR UR?ɵ LBDR ʟKL@GHLR TBKM / -*RLTBCRK %ɵQ@- FRʗBKLPɵEH UɵQ@KTR?M ?BRUGHKLB>ʇȻRGR BQFRGLHCHL RP !&X+°- L@VGHEHʗBCRK FʇPB@Pʟ>ʇF RIUɵ?ɵLM V@- EBDHIL@PM ȹH ?RP=M T@B>R -# -, XMVPURK 'GL@PGR-LBHGRE- F@BLRKMQʹʇFMFR --I@G %PB? #MPHI@ %F=&- KI@>BɵEBKLB P ȻH MGBDɵEH L@VGHEHʗBCM Tɵ>M KI@>BɵEBKLB B@IRQʟKLBGɵCR G@ TB@G / -*RLTBCRK %ɵQ@- ?RP=BGB@DMK =@L RPʟ IɵPKLɵTCMK GH UɵQ@K MQʹʇFMFB@F -W@L@P- =MPUURQ- - @ELHIURQ- - @ELPRGKURQ- -#% 2HPUML@- GMK- Dɵ RPʟ / -%RQIPHF-IɵPKLɵTCMK *RLTBCɵ
WɵPKDRLR UR?ɵ MQʹʇFMFK IB@?REʟCɵK /LRPILRMLBKDɵK %ɵQ@K KRTB@Gʟ=RK 'GL@PGRLBHGRE %RK 1GBHG "2%3 "@MLK>V@ 2@P@BGBUMGU ?@K %RK MG? 3RKK@PAR>V@K WRKRME@K #G@PʗʇLBDRK DHGUP@KR 3HPE? #G@PUO !HG-UP@KK -#MPHURK- - RELBCRK %ɵQ@K- RELB> %RK Dɵ RPʟ /LRPIP@IM=EBDɵGBKDɵK %ɵQ@K EB@LBȻʪɵK MG QBGɵLGBKDB L@VGBKDɵKKR?RP=ʟ=RKRKH>Bɵ>BCRKRDLBTBLɵLʇK
/-*RLTBCRK%ɵQ@- BQTʇPLʇCR B@KIʇCM B@KRBKLʟLB@K#BPHIRK %ɵQ@KIɵPTR?@KHI@PRLHPMRKH>Bɵ>BCɵ#,0/-%MGDʯMTR IRPȻʟKHPURGBQɵ>BCRKRKH>BʇLHIRPLG@PB#,0/-%BP UR?ɵ?B=BGɵLRHPURGBQɵ>BCR DRKRITB@GH?REʟ=GB@DMK MG?BTMKRKH>BʇLHKIRPLG@PMKGH#BPHIRKTREKLʟF
ʮHLB K@DFʟUR KR?RP=ʟ=R UR?ɵ LMPIBGɵCɵK RP "2%3 HPURGBQɵ>BCM CH ʟIRȻB ?Rȼɵ?M Fɵ>ʟ=M CHFɵ / -*RLTBCRK %ɵQ@- KI@>BɵEBKLB IB@?REʟCɵK URG ?Rȼɵ?HK "2%3 HPURGBQʇLHK K@FBGɵPHK 2ɵ>BCɵ URG RIFɵ>ʟ=ɵK /-*RLTBCRK%ɵQ@-+ɵ>ʟ=M>@GLPɵ
UR?ɵ / -*RLTBCRK %ɵQ@- ?RP=BGB@DB MG KI@>BɵEBKLB IB@?REʟCɵK RPʟ ?Rȼɵ?ɵK DHGA@P@G>ʇK MG K@FBGɵPHK MG KR=B@?PBKDH HPURGBQɵ>BCM B@LTRPHK RIFRBGʟCɵK RP BGAHPFɵ>BCMRP>BLMTREKLMDHEʇʗB@F


27.LPP.


/ -*RLTBCRK %ɵQ@- BP T@BDKFʟUK KH>BɵEB RL=BE?ʟUK MQʹʇFMFK MG RIQBGɵK KRTM RL=BE?ʟ=M IP@L KR=B@?Pʟ=M'DUR?M-*RLTBCRK%ɵQ@- RL=REKLR LɵK CHFRK MG IPHC@DLMK DRKIREʟ?QT@B?HLER=ɵDMGɵDHLGBY =ʇPGMBQRMUKF@ BQUEʟLʟ=R QBGɵLG@
DMEL˚PR KIHPLKMGTB?@KRBQKRP?Qʟ=RC@=IPHC@DLB DRKTB@GH KR=B@?Pʟ=M ER=ɵDRK GɵDHLG@K TɵP?ɵ / -*RLTBCRK %ɵQ@- T@B> B@TʇPHCRFRK BGT@KLʟ>BCRK PRȼHȻRGRK L@VGHEHʗBCM MG BGAPRKLPMDL˚PRK IBEGT@B?HȻRGɵ MG TB?@K RBQKRP?Qʟ=RK CHFɵ Lɵ?ʇCɵ?B K@DFʇCHL BEULKIʇCʟUM @DHGHFBKDH TB?@K MGKH>BɵEHRLLʟKLʟ=M
'D UR?M / -*RLTBCRK %ɵQ@- RLTʇE Eʟ?Q@DʯMK DMEL˚PRK FɵDKERK BQUEʟLʟ=RK MG QBGɵLG@K Dɵ RPʟ ER=?RPʟ=RK FʇPʪB@F RL=REKLHL URG RLK@TBȻʪM HPURGBQɵ>BCM ?RP=ʟ=M DHIMFɵ URGRPʟDHGDPʇLMKIRKɵDMFMKMGGHPBK@K
!B@ȻRKKRBL@K MQʹʇFMFMKRBKLRURG RP*RLTBCRK EB@EɵDH L@VGBKDH RMUKLKDHEM Y XʟURK 0@VGBKDH MGBT@PKBLɵLB X01 URG >BLɵF RDR?ʇFBKDRCɵF MG QBGɵLGBKDRCɵF BGKLBL˚>BCɵF
,H?B=BGɵCMFK -XʟURK 0@VGBKDɵK MGBT@PKBLɵL@K LLʟKLʟ=RK AHG?K- IɵPKDRLR UR?ɵ KRʹʇFR Eʟ?Q@DʯMK KLBI@G?BCMIB@ȻʪBPȻRGRBUɵQ@K L@VGHEHʗBCRKKI@>BREBLɵLʇK KLM?ʇCHȻRCB@F Dɵ RPʟ ǘGRGKʇCMFM B@TʇPHCRFM *RLTBCRK QBGɵLGB@DMMGLHIHȻHQBGɵLGB@DMRL=REKLRF1QʹʇFMFK RL=REKLʟCRUPɵFRLRK-%ɵQ@KRIUɵ?@-LP@ȻɵK?RʯRKBQ?HȻRGM 1QʹʇFMFK KGB@?QR IREʟ?QʟUM PHDM RPʟ X01 UR?M CM=BE@CRKIRKɵDMFMHPURGBQʇȻRGRB/ɵDHLCM=BE@CRKUR?M X01URET@GRCɵʇDɵKTBGʟUBLBDRRLDEɵLRX01KIHGKHPMMG F@>@GɵLM UH?R IEɵDKG@ DMPɵ B@F˚ȼBGɵLB EB@EɵDB@ RMUKLKDHERK RL=REKLʟLɵCB KLRPI LB@F BP RPʟ / -*RLTBCRK %ɵQ@-
1QʹʇFMFK RLTʇEʇCR Eʟ?Q@DʯMK RPʟ =RETM MG ?BIEHFM IB@ȻʪBPȻRGRB F@?BʪB@F DRK WRMER /LPR?BʹR )EʟGBKDRCɵ MGBT@PKBLɵL@K KEBFGʟ>ɵ UR?R KɵDMFɵ T@B>R IBPFH RDGMLPRGKIERGLɵ>BCRKHI@Pɵ>BCM*RLTBCɵ
/RTMDɵPL*RLTBCRK/IHPLRI@?RUHʗBCRKRDR?ʇFBCRKRʹʇFR ǘGRGKʇCMFMTʇKLMPBKDHRIPRDKLMMGAHLHUPɵǘCMUPɵFRLRK IRP *RLTBCRK /IHPLR I@?RUHʗBCRK RDR?ʇFBCM - UR?B Y BQUEʟLʟ=RBMGKIHPLRF-KRURLRTHȻRGRBMGBQ?HȻRGRB
*RB KRUER=ɵLM GR>BHGɵEH DMEL˚PRK FRGLHCMFM HI@PRK MG =RE@LR ȼRGPɵ RLLʟKLʟLM HI@PRK HI@P@L@K =RE@LR MG F˚QBDRK DMEL˚PM Dɵ RPʟ IHIMERPBQʇLM LH *RLTBCɵ MG RBQ LɵK PH=@ȼɵF GH?PHȻBGɵLM IRKRME@K HI@PRK =RE@LR MG F˚QBDRK DMEL˚PRK KRKGB@UMFM IB@@CRFʟ=M MQʹʇFMFK IB@ȻʪBPBDUR?ʇCMQB@?HCMFM*RLTBCRK,R>BHGɵERCRBHI@PRB *,- WRP LPR?ʟ>BCM DʯMTMKB / -*RLTBCRK %ɵQ@- %R?R =RETRKIRKGB@UȻRGRMG=RETRKERMP@ɵLMDHG>@PLK MQKɵDHL CRMGH*,-K@QHGM
UR?ɵ / -*RLTBCRK %ɵQ@- =RETRK Y FɵDKEBGB@DR E?R*HP@G>RT@B?HLMKDMEIL˚PMMGL˚DKLHȻERLMGRM?RK IPʇFBCMYKRʹʇFR?@KFBLERMP@ɵLB
WRPLPR?ʟ>BCMDʯMTMKBRPʟMQʹʇFMFRIREʟ?Qʟ=R&@PFRʹR PRMGRAHG?RF HPURGBQʇCHLA@KLBTɵEMK-/MFF@PLBF@-MG -3BGL@PA@KL- UR?ɵ RL=REKLK LBDR KGB@ULK RPʟ AHG?R PʟDHLRCRF\$*BKLRUR?MCM=BE@CRKDHG>@PLM>BDERF
0ɵIRL Dɵ B@IPB@DȻʇCHK UR?HK ǘGRGKʇCMFM KRʹʇFR RPʟ BDUR?ʇCRBK RVRF˚QBDRKA@KLBTɵEK
UR?ɵ G@LBDR RBQFBPKLK RL=REKLK RPʟ TB@UEɵDM PBLFM F˚QBDRK ȼRGPRF XRBFHG?R WRMER IPHC@DLR -,HKIʇEʇ FRGM ?QʟTB- KRURLRTHȻRGRB MG B@PRDKLʟȻRGRB Dɵ RPʟ +R@KLPHDHG>@PLB@F2B?Q@FʇMG)MPQ@FʇMGA@KLBTɵER -XʟURKXBLFB-DHG>@PLMKʇPBCRKHPURGBQʇȻRGRBLHKRʹʇFR AHG?K-+˚K?B@GMF˚QBDRK>@GLPK-
/RTMDɵPLRDLB@PR#*B@IBʹRIB@FBʹRKRBQ=BE?GBK'FRGLK /DPRKLBʹȻ MG *RLTBCRK WRȻTRE?ʟ=M KRTB@Gʟ=R KRʹʇFR IREʟ?Qʟ=M EB@EDHG>@PLR HPURGBQʇȻRGRB /RMEDPRKLHK RP #?URPR*B@IBʹR=RETRKERMP@ɵLMMG*RLTBCRKFɵDKEBGB@DM IB@?REʟȻRGHK
UR?ɵ MQʹʇFMFK RL=REKLʟCR RPʟ "ȼ@QR HPʪ@KLPM RL=REKLR =B@?Pʟ=RK PʟDHLHK BQ>BEɵ ERLTB@ȻM DHFIHGBKLR RPRGȼʇLɵCR TBCHEGB@DR ʯʹR 6RʪR UR?M MG *RLTBCRK ?ȼ@QR F@BKLRPR 'TRPR +RQMPR UR?M CM=BE@CRK IRKɵDMFMK
*ʟ?QL@DMK*,-RL=REKLKLBDRURG+BVRBERʀ@VHTRXʟURK )PB@TML@ɵLPBF-KLPHTKDREMURK-,@TB@GFʇPPMG>BF DPʇCMFRIH?K- B@KLM?ʇȻRGRB URGRPʟ*RLTBCRK,R>BHGɵEɵ L@ɵLPR CRMGB@KLM?ʇCMFB@F MG "RBE@K L@ɵLPBF FɵDKERK BQKLɵ?@K BQT@B?HȻRGRB L@ɵLPR *B@ERCɵ QɵEʇ KRBKLʟ=ɵ RP
UR?R K@QHGRK URET@GH B@KLM?ʇCMFM -XHF@H MG"ȼMEC@LR-
/RTMDɵPL *RLTBCRK 2REKLK TʇKLMP@K RPVʟTK KRʹʇFR ǘGRGKBɵEM IREʟ?Qʟ=M BQKLɵ?@K -)MPQ@F@K MG 6@FURE@K V@P>HUBKL@ Y GH V@P>HUR %HLVRP?R Eʟ?Q V@P>HURF (ʇDR=RF- T@B?HȻRGRB =@L XʟURK WB@FBG@DʯM Rʗ@GL˚PR Y XʟURK PɵʯM DRIM /TʇLɵK MUMGK BD?B@GRK RIP˚I@B MG PɵʯM DRIM RGKRF=ʯR MQLMPʇȻRGRB
/ -*RLTBCRK %ɵQ@- BP KLRPILRMLBKDK MQʹʇFMFK DRK IɵPKDRLR UR?ɵ RL=REKLʟCR RPʟ ?Rȼɵ?RK ?BIEHFɵLBKDH IɵPKLɵTGB@>ʟ=M RDLBTBLɵL@K WB@FʇPRF RP MQʹʇFMFR IREʟ?Qʟ=M *RLTBCɵ LBDR GHUɵ?ɵLRK 2ɵ>BCRK TʇKLGB@>ʟ=RK XʟUɵ *RLURE@K P@ʗBHGR KH>BɵEɵK RIP˚I@K >@GLPB@F KRP˚IʇLɵKKEBFGʟ>MUMELRK
0ɵIRL MQʹʇFMFK RL=REKLʟCR RPʟ *RLTBCRK X@IM=EBDRK TʇKLGB@>ʟ=RK )PB@TBCRK \$@?@Pɵ>BCɵ PʟDHLH IB@ʹ@FȻRGM IRP UH?M *RLTBCRK 2REKLK G@RLDRPʟ=RK IPHDERFʇȻRGRK UR?R?B@GRB
UR?ɵ RD>BCM KR=B@?Pʟ=R LMPIBGɵCR KGB@UL CRM IRP LPR?ʟ>BCM DʯMTMȻH IREʟ?Qʟ=M *RLTBCRK ʇPGM AHG?RF ,H RLK@TBȻʪB@F Ȼʟ AHG?R PʟDHLRCB@F MG MQʹʇFMFR RL=REKLʟLRCB@F IRKɵDMFB@F TRP FBGʇL TʇPB@GʟUH 6B@FRKKTʇLDM ER=?RPʟ=RK DHG>@PLM XʟURK *RLTB@ȻM =B@?Pʟ=RK GRFɵ DRK LPR?B>BHGɵEB GHLB@D ER=?RPʟ=RK RD>BCRK-,@IR@CURPɵF-B@LTRPHK
,HRLK@TBȻʪɵFGHPBKʇFFBGRFKRPʟAHG?R ʇPGMT@K@Eʟ=RY F˚KM GɵDHLG@- XʟURK >BPDɵ HPURGBQʇLRBK IRKɵDMFK *RLTBCRK =ʇPGB@F GH =ʇPGM IRLT@PKFʇF =ʇPGMGRFB@F MG=ʇPGB@FGHKH>BɵEBG@ER=TʇEʟUɵFʗBF@GʇF
WɵPKDRLRUR?ɵIREʟ?Qʟ=MIPHC@DLR-2RKRPRKP@VR=BEBLɵ>BCRK IPHUPRFFRY-/HEBKRMUȻMI- ʟKL@GHȻRGRBKRʹʇFR RPʟ=B@?Pʟ=R-*RLTBCRK=ʇPGB@FRPDMKLʟ=MLPRM>ʇCMFB@F- MG RMKDRKBGTREʟ?M=B@?Pʟ=R
UR?ɵ G@BQIREBDR RL=REKLK RPʟ Lɵ?ɵF RP TB?@K RBQKRP?Qʟ=M KRBKLʟLɵF HPURGBQɵ>BCɵF Dɵ GH?B=BGɵCMFB -#GUMP@K@Q@PR?R=RKIRPDRAHG?K-MG-%RMCRKGR>BHGɵEɵ IRPDRAHG?K-
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| Ÿ | ||
|---|---|---|
| Ÿ Ÿ |
*KŸ | #1X |
| WƦPKDRLRŸUR?RŸI@ǠǪRŸ | ŸŸŸ | ŸŸ |
| /R?RE@BŸG@IB@@CRFƦŸI@ǠǪRKŸ?RǠRŸ | ||
| KRBKLǐ=ƦŸRPŸIRFRLEǐ?Q@DǠMŸIƦPTƸPLƸŬRGMŸ | ||
| G@P@REBQƸLB@ŸRLEBDLƦŸGH?HDǠRŸB@ǪƸFMFBŸ | ŸŸŸ | ŸŸ |
| /R?REƦFƦŸI@ǠǪRKŸ?RǠRŸ | ŸŸŸ | ŸŸ |
| '@L@BDLƦŸI@ǠǪRKŸKR?RE@ | ||
| Ÿ ?BTB?@G?@KŸ?REǐ=GB@DB@FŸ ŸŸŸ |
ŸŸŸ | ŸŸ |
| ŸŸ ?BTB?@G?@KŸIRPŸTB@GMŸRD>BCMŸ*K ŸRD>BCMŸ |
Ÿ |
|
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2RE?@KIPB@DȻKʇ?ʇLɵCK "ɵTBK
2RE?@KKʇ?@KIPHLHDHEK,P XʟUɵUR?RRIPʟEʟ

XʟURKIBPFɵKUɵQ@KAR=PBDRKIPHC@DLK−KBLMɵ>BCRKIEɵGKMLHPK)ʟG@EKUR?RCRGTɵPʟ

| Ÿ*K | Ÿ*K | ŸŸ#1X | Ÿ#1X | ||
|---|---|---|---|---|---|
| ,@LHŸRIUPHQǐCMFK | ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| WƦP?HLƦKŸIPH?MD>BCRKŸPRŭHŬRGRKŸ | |||||
| BQFRDKRK | ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| 3 | PMLHŸI@ǠǪRŸ | 41 761 533 | 38 671 903 | 59 421 308 | 55 025 161 |
| ?FBGBKLPƦ>BCRKŸBQFRDKRK | ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| WƦPƸCB@ŸKRBFGB@>BKDƦKŸ?RP=ǐ=RKŸ | |||||
| B@ǪƸFMFBŸ | ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| WƦPƸCƦKŸKRBFGB@>BKDƦKŸ?RP=ǐ=RKŸ | |||||
| BQFRDKRK | ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| WƦPƸCB@ŸIPH>@GLMŸB@ǪƸFMFBŸMGŸ | |||||
| LRFEǐ?QǐUBŸB@ǪƸFMFB | ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| 'EUL@PFBǪRŸĉGRGŬMŸB@UME?ǐCMFMŸ | |||||
| MGŸǐKL@PFBǪRŸTƸPLKIRIǐPMŸTƸPLǐ=RKŸ | |||||
| BQFRBǪRKŸ | Ÿ | ||||
| WPH>@GLMŸFRDKƦCMFBŸMGŸLRFEǐ?QǐURKŸ | |||||
| BQFRDKRK | ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| 1QDPƦCMFBŸŬRM=ǐUB@FŸMGŸ | |||||
| =@Q>@PǐUB@FŸ?@=BLHPMŸIRPƦ?B@F Ÿ |
|||||
| G@LHŸŸŸ | ŸŸ | Ÿ | ŸŸ | ŸŸ | |
| 1QDPƦCMFBŸGHT@>HCMŬB@FŸMGŸEƸGRKŸ | |||||
| RIUPHQǐ=RKŸDPƦCMFB@F ŸG@LH |
Ÿ | Ÿ | Ÿ | Ÿ | |
| 16 | W@ǠǪRŸIBPFKŸGH?HDǠB@FŸ | 31 431 923 | 31 327 886 | 44 723 597 | 44 575 566 |
| 1QǪƸFMFMŸB@GƦDMFRŸGH?HDEBKŸIRPŸ IƦPKDRLRŸUR?M |
ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| LEBDLRBKŸGH?HDEBK | ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| WƦPƸCB@ŸGH?HDǠB | Ÿ | Ÿ | ŸŸ | ŸŸ | |
| 20 | WƦPKDRLRŸUR?RŸI@ǠǪRŸ | 27 175 200 | 26 466 382 | 38 666 826 | 37 658 269 |
| ,@P@REBQƸLB@ŸRLEBDLƦŸGH?HDǠRŸ | |||||
| B@ǪƸFMFBŸKRBKLǐ=ƦŸRPŸIRFRLEǐ?Q@DǠMŸ | |||||
| IƦPTƸPLƸŬRGM | ŸŸ | ŸŸ | ŸŸ | ŸŸ | |
| /R?REƦFƦŸIƦPKDRLRŸUR?RŸI@ǠǪR | 25 696 249 | 24 922 246 | 36 562 468 | 35 461 161 |
36.LPP.
| *K | *K | #1X | #1X | |
|---|---|---|---|---|
| DLǐTK | ||||
| 'EUL@PFBǪRŸB@UME?ǐCMFB | ||||
| 'Ÿ,@FRL@PBƦEB@ŸB@UME?ǐCMFB | ||||
| Ÿ)HG>@KBCRK ŸIRL@GLB ŸEB>@G>@K ŸIP@ƲMŸ |
ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| QǐF@KŸMGŸLRFEǐ?QǐURKŸLB@Kǐ=RK | ||||
| ŸTRGKRŸFRDKƦCMFBŸIRPŸG@FRL@PBƦERCB@FŸ | Ÿ | Ÿ | Ÿ | Ÿ |
| B@UME?ǐCMFB@F | ||||
| ,@FRL@PBƦEB@ŸB@UME?ǐCMFBŸDHIƦ | 2 075 950 | 2 229 241 | 2 953 810 | 3 171 924 |
| ''ŸWRFRLEǐ?Q@DǠB | ||||
| Ÿ6@F@KŸUR=REB ŸƸDRK Ÿ=ȋT@K ŸUƦQ@KŸ |
ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| LPRGKIHPLƸŬRGRKŸKBKLƸFRŸ | ||||
| Ÿ'@DƦPLRKŸMGŸFRŬǐGRK | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸWƦPƸCB@ŸIRFRLEǐ?Q@DǠB | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸTRGKRŸFRDKƦCMFBŸIRPŸIRFRLEǐ?Q@DǠB@FŸ | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| MGŸG@IR=@BULHŸ>@ELGB@>ǐ=RKŸH=C@DLMŸBQFRD | ||||
| KRK | ||||
| WRFRLEǐ?Q@DǠBŸDHIƦ | 315 129 884 | 316 989 625 | 448 389 429 | 451 035 602 |
| 2Ÿ'EUL@PFBǪRŸĉGRGŬMŸB@UME?ǐCMFB | ||||
| Ÿ*ǐ?Q?REǐ=RŸRKH>BƸLHŸKR=B@?Pǐ=MŸDRIBLƦEƦ | ||||
| ŸWƦPƸCB@ŸTƸPLKIRIǐPBŸMGŸB@UME?ǐCMFB | Ÿ | Ÿ | Ÿ | Ÿ |
| Ÿ'EUL@PFBǪRŸ>BLBŸ?@=BLHPB | ŸŸ | ŸŸ | ||
| 'EUL@PFBǪRŸĉGRGŬMŸB@UME?ǐCMFBŸDHIƦ | 1 898 428 | 3 201 | 2 701 220 | 4 554 |
| 'EUL@PFBǪRŸB@UME?ǐCMFBŸDHIƦ | 319 104 262 | 319 222 067 | 454 044 459 | 454 212 080 |
| IUPHQƦFB@ŸEǐ?Q@DǠB | ||||
| 'Ÿ)PƦCMFB | ||||
| Ÿ'Q@CTB@ERK ŸIRFRLFRL@PBƦEBŸMGŸ |
ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| IREǐUFRL@PBƦEB | ||||
| ŸTRGKRŸFRDKƦCMFBŸIRPŸIP@>ƸF | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| )PƦCMFBŸDHIƦ | 76 627 746 | 35 203 468 | 109 031 459 | 50 090 022 |
| '''Ÿ"@=BLHPB | ||||
| ŸWBP>ƸCMŸMGŸIRKȋLǐLƦCMŸIRPƦ?B | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| Ÿ/RBKLǐLHŸMQǪƸFMFMŸIRPƦ?B | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| Ÿ!BLBŸ?@=BLHPB | ŸŸ | Ÿ | ŸŸ | Ÿ |
| Ÿ,ƦDRFHŸI@PBH?MŸBQFRDKRK | Ÿ | Ÿ | Ÿ | Ÿ |
| "@=BLHPBŸDHIƦ | 33 780 344 | 37 852 059 | 48 065 100 | 53 858 628 |
| '2ŸǏKL@PFBǪRŸĉGRGŬMŸB@UME?ǐCMFB | ||||
| ŸWƦPƸCB@ŸTƸPLKIRIǐPBŸMGŸB@UME?ǐCMFB | Ÿ | |||
| Ÿ0@PFBǪGHUME?ǐCMFB | ŸŸ | ŸŸ | ||
| ǏKL@PFBǪRŸĉGRGŬMŸB@UME?ǐCMFBŸDHIƦ | 9 206 930 | 198 | 13 100 282 | 282 |
| 2Ÿ,RM?R | 25 057 210 | 37 572 880 | 35 653 197 | 53 461 392 |
| IUPHQƦFB@ŸEǐ?Q@DǠBŸDHIƦ DLǐTMŸDHIKMFFR |
144 672 230 463 776 492 |
110 628 605 429 850 672 |
205 850 038 659 894 497 |
157 410 324 611 622 404 |
| *K | *K | #1X | #1X | |
|---|---|---|---|---|
| WRKǐTK | ||||
| WRŬMŸDRIBLƦEK | ||||
| ŸD>BCMŸDRIBLƦEKŸIRFRLDRIBLƦEK | ŸŸ | ŸŸŸ | ŸŸŸ | ŸŸŸ |
| ŸD>BCMŸ@FBKBCRKŸMQ>@GHCMFK | ŸŸ | ŸŸŸ | ŸŸŸ | ŸŸŸ |
| Ÿ'EUL@PFBǪRŸB@UME?ǐCMFMŸIƦPTƸPLƸŬRGRKŸ | ||||
| P@Q@PT@ | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸX@Q@PT@K | ||||
| ŸŸŸ>ŸKR=B@?Pǐ=RKŸKLRLȋLHKŸGHL@BDLƦKŸ | ||||
| P@Q@PT@K | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| Ÿ,@KR?REǐLƦŸI@ǠǪRŸ | ||||
| ŸŸŸRŸB@IPB@DŬƸCHŸUR?MŸG@KR?REǐLƦŸI@ǠǪR | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸŸŸ=ŸIƦPKDRLRŸUR?RŸG@KR?REǐLƦŸI@ǠǪR | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| WRŬMŸDRIBLƦEKŸDHIƦ | 345 536 764 | 338 960 474 | 491 654 521 | 482 297 303 |
| )P@?BLHPB | ||||
| Ÿ'EUL@PFBǪRŸDP@?BLHPB | ||||
| Ÿ,ƦDRFHŸI@PBH?MŸB@ǪƸFMFB | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| Ÿ1QDPƦCMFBŸIƸ>GH?RP=BGƦLǐ=RKŸŸMGŸ | ||||
| >BLƦFŸKRBKLǐ=ƦFŸIP@LŸ?RP=BGB@DB@F | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸLEBDLƦŸGH?HDǠRŸKRBKLǐ=RK | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| Ÿ'EUL@PFBǪRŸDP@?BLHPBŸDHIƦ | 51 059 053 | 46 884 161 | 72 650 486 | 66 710 150 |
| ǏKL@PFBǪRŸDP@?BLHPB | ||||
| Ÿ,HŸIBP>ƸCB@FŸKRǪ@FLB@ŸRTRGKB | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸWRPƦ?BŸIB@UƦ?ƦLƦCB@FŸMGŸ | ||||
| ?RP=MQǪƸFƸCB@F | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸWRPƦ?BŸKRBKLǐLRCƦFŸKR=B@?Pǐ=ƦF | Ÿ | ŸŸ | Ÿ | ŸŸ |
| Ÿ,H?HDǠBŸMGŸTREKLKŸKH>BƦEƦKŸ | ||||
| RI?PHŬBGƦŬRGRKŸH=EBUƦLRKŸB@FRDKRK | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸWƦPƸCB@ŸDP@?BLHPB | Ÿ | Ÿ | Ÿ | Ÿ |
| Ÿ,ƦDRFHŸI@PBH?MŸB@ǪƸFMFB | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| Ÿ1QDPƦLƦKŸKRBKLǐ=RK | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ǏKL@PFBǪRŸDP@?BLHPBŸDHIƦ | 67 180 675 | 44 006 037 | 95 589 490 | 62 614 951 |
| )P@?BLHPBŸDHIƦ | 118 239 728 | 90 890 198 | 168 239 976 | 129 325 101 |
| WRKǐTMŸDHIKMFFR | 463 776 492 | 429 850 672 | 659 894 497 | 611 622 404 |
| 'EUL@PFBǪRŸ | /R=B@?Pǐ=RKŸ | |||||
|---|---|---|---|---|---|---|
| B@UME?ǐCMFMŸ | KLRLȋLHKŸ | |||||
| D>BCMŸ | D>BCMŸ@FBKBCRKŸ | IƦPTƸPLƸŬRGRKŸ | GHL@BDLƦKŸ | ,@KR?REǐLƦŸ | ||
| DRIBLƦEK | MQ>@GHCMFK | P@Q@PT@ | P@Q@PT@K | I@ǠǪR | Ÿ)HIƦŸ | |
| *K | *K | *K | *K | *K | *K | |
| LEBDMFKŸ | ||||||
| UR?RŸ?@>@F=Pǐ | 39 900 000 | 14 320 210 | 186 218 357 | 61 706 378 | 26 915 185 329 060 130 | |
| "BTB?@G?@K | ŸŸ ŸŸ | |||||
| WƦPG@KLKŸMQŸ | ||||||
| P@Q@PTƸF | ŸŸ | ŸŸ | ||||
| WRFRLEǐ?Q@DǠMŸ | ||||||
| IƦPTƸPLƸŬRGR | Ÿ | Ÿ | ||||
| LEBDLƦŸGH?HDǠRŸ | ||||||
| KRBKLǐ=RKŸGHŸ | ||||||
| IRFRLEǐ?Q@DǠMŸ | ||||||
| IƦPTƸPLƸŬRGRKŸ | Ÿ | Ÿ | ||||
| 'QKEƸULBŸIƦPTƸPLƸLB@Ÿ | ||||||
| IRFRLEǐ?Q@DǠB | Ÿ | Ÿ | ||||
| LEBDLRBKŸGH?HDEBKŸ | ||||||
| GHŸBQKEƸULRCB@FŸ | ||||||
| IƦPTƸPLƸLRCB@FŸ | ||||||
| IRFRLEǐ?Q@DǠB@FŸ | Ÿ | Ÿ | ||||
| WƦPKDRLRŸUR?RŸI@ǠǪR | ŸŸ | ŸŸ | ||||
| LEBDMFKŸ | ||||||
| UR?RŸ?@>@F=Pǐ | 39 900 000 | 14 320 210 | 185 612 319 | 64 076 387 | 35 051 558 338 960 474 | |
| "BTB?@G?@K | ŸŸ ŸŸ | |||||
| WƦPG@KLKŸMQŸ | ||||||
| P@Q@PTƸF | ŸŸ | ŸŸ | ||||
| WRFRLEǐ?Q@DǠMŸ | ||||||
| IƦPTƸPLƸŬRGR | Ÿ | Ÿ | ||||
| LEBDLƦŸGH?HDǠRŸ | ||||||
| KRBKLǐ=RKŸGHŸ | ||||||
| IRFRLEǐ?Q@DǠMŸ | ||||||
| IƦPTƸPLƸŬRGRKŸ | Ÿ | Ÿ | ||||
| 'QKEƸULBŸIƦPTƸPLƸLB@Ÿ | ||||||
| IRFRLEǐ?Q@DǠB | ŸŸ | ŸŸ | ||||
| LEBDLRBKŸGH?HDEBKŸ | ||||||
| GHŸBQKEƸULRCB@FŸ | ||||||
| IƦPTƸPLƸLRCB@FŸ | ||||||
| IRFRLEǐ?Q@DǠB@FŸ | Ÿ | Ÿ | ||||
| WƦPKDRLRŸUR?RŸI@ǠǪR | ŸŸ | ŸŸ | ||||
| LEBDMFKŸ | ||||||
| UR?RŸ?@>@F=Pǐ | 39 900 000 | 14 320 210 | 184 963 409 | 69 048 633 | 37 304 512 345 536 764 |
| 'EUL@PFBǪRŸ | /R=B@?Pǐ=RKŸ | |||||
|---|---|---|---|---|---|---|
| B@UME?ǐCMFMŸ | KLRLȋLHKŸ | |||||
| D>BCMŸ | D>BCMŸ@FBKBCRKŸ | IƦPTƸPLƸŬRGRKŸ | GHL@BDLƦKŸ | ,@KR?REǐLƦŸ | ||
| DRIBLƦEK | MQ>@GHCMFK | P@Q@PT@ | P@Q@PT@K | I@ǠǪR | Ÿ)HIƦŸ | |
| #1X | #1X | #1X | #1X | #1X | #1X | |
| LEBDMFKŸ | 56 772 585 | 20 375 823 | 264 964 851 | 87 800 266 | 38 296 858 468 210 383 | |
| UR?RŸ?@>@F=Pǐ "BTB?@G?@K |
ŸŸ ŸŸ | |||||
| WƦPG@KLKŸMQŸ | ||||||
| P@Q@PTƸF | ŸŸ | ŸŸ | ||||
| WRFRLEǐ?Q@DǠMŸ | ||||||
| IƦPTƸPLƸŬRGR | Ÿ | Ÿ | ||||
| LEBDLƦŸGH?HDǠRŸ | ||||||
| KRBKLǐ=RKŸGHŸ | ||||||
| IRFRLEǐ?Q@DǠMŸ | ||||||
| IƦPTƸPLƸŬRGRKŸŸ | Ÿ | Ÿ | ||||
| 'QKEƸULBŸIƦPTƸPLƸLB@Ÿ | ||||||
| IRFRLEǐ?Q@DǠB | ŸŸ | ŸŸ | ||||
| LEBDLRBKŸGH?HDEBKŸ | ||||||
| GHŸBQKEƸULRCB@FŸ | ||||||
| IƦPTƸPLƸLRCB@FŸ | ||||||
| IRFRLEǐ?Q@DǠB@FŸ | Ÿ | Ÿ | ||||
| WƦPKDRLRŸUR?RŸ | ||||||
| I@ǠǪR | ŸŸ | ŸŸ | ||||
| LEBDMFKŸ | ||||||
| UR?RŸ?@>@F=Pǐ | 56 772 585 | 20 375 823 | 264 102 536 | 91 172 485 | 49 873 874 482 297 303 | |
| "BTB?@G?@K | ŸŸ ŸŸ | |||||
| WƦPG@KLKŸMQŸ | ||||||
| P@Q@PTƸF | ŸŸ | ŸŸ | ||||
| WRFRLEǐ?Q@DǠMŸ | ||||||
| IƦPTƸPLƸŬRGR | ŸŸ | ŸŸ | ||||
| LEBDLƦŸGH?HDǠRŸ | ||||||
| KRBKLǐ=RKŸGHŸ | ||||||
| IRFRLEǐ?Q@DǠMŸ | ||||||
| IƦPTƸPLƸŬRGRKŸŸ | Ÿ | Ÿ | ||||
| 'QKEƸULBŸIƦPTƸPLƸLB@Ÿ | ||||||
| IRFRLEǐ?Q@DǠB | ŸŸ | ŸŸ | ||||
| LEBDLRBKŸGH?HDEBKŸ | ||||||
| GHŸBQKEƸULRCB@FŸ | ||||||
| IƦPTƸPLƸLRCB@FŸ | ||||||
| IRFRLEǐ?Q@DǠB@FŸ | Ÿ | Ÿ | ||||
| WƦPKDRLRŸUR?RŸ | ||||||
| I@ǠǪR | ŸŸ | ŸŸ | ||||
| LEBDMFKŸ | ||||||
| UR?RŸ?@>@F=Pǐ | 56 772 585 | 20 375 823 | 263 179 221 | 98 247 353 | 53 079 539 491 654 521 |
'QFRBʹRKKLRL˚LHKGHL@BDLRCɵKP@Q@PTʇKTRPT@BDLLBDRBRPRD>BHGɵPMEʇFMFMWɵPTʇPLʇȻRGRKP@Q@PT@MGRD>BCM@FBKB-CRKMQ>@GHCMFKG@TRPKR?REʟL?BTB?@G?ʇK
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| )HP@D>BCRK | ||||
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| Ÿ\$RDLBKDHŸMGŸIPHUGHQƸLHŸ?R=RKUƦQ@KŸB@IBPDMFRŸ | ||||
| BQFRDKMŸGHTBPQ@ŸMGŸB@GƦDMFBŸGHŸEǐ?Q?REǐ=RKŸ | ||||
| FRDKRK | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸMQDPƦCMFMŸDPƦCMFB@FŸBQFRBǪRKŸ | Ÿ | Ÿ | Ÿ | Ÿ |
| ŸMQDPƦCMFMŸBEUL@PFBǪRŸĉGRGŬMŸB@UME?ǐCMFB@FŸ | ||||
| BQFRBǪRK | Ÿ | |||
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| Ÿ>BLMŸMQDPƦLHŸKRBKLǐ=MŸBQFRBǪRK | Ÿ | Ÿ | Ÿ | Ÿ |
| ŸMQDPƦLHŸIƸ>GH?RP=BGƦLǐ=RKŸMGŸ>BLMŸKRBKLǐ=MŸIP@LŸ | ||||
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| ŸIPH>@GLMŸMGŸLRFEǐ?QǐURKŸBQFRDKRK | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| ŸI@ǠǪRŸGHŸIRFRLEǐ?Q@DǠMŸIƦP?HŬRGRK | Ÿ | Ÿ | Ÿ | Ÿ |
| )HP@D>BCRK | ||||
| WBP>ƸCMŸMGŸIRKȋLǐLƦCMŸIRPƦ?MŸKRFRQBGƦCMFKŸ ŸŸ | ||||
| IB@RMUMFK | ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| )PƦCMFMŸRLEBDMFMŸIB@RMUMFKŸ ŸKRFRQBGƦCMFKŸŸ WRPƦ?MŸIB@UƦ?ƦLƦCB@FŸIB@RMUMFKŸ Ÿ |
ŸŸ | ŸŸ | ŸŸ | ŸŸ |
| KRFRQBGƦCMFKŸ | ŸŸŸ | ŸŸ | ŸŸ | ŸŸ |
| !BLMŸ?@=BLHPMŸŸKRFRQBGƦCMFKŸŸ !BLMŸDP@?BLHPMŸKRFRQBGƦCMFKŸ |
ŸŸ ŸŸ |
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| 32 760 400 | 40 898 423 | 46 613 850 | 58 193 214 | |
| ŸWRFRL?RP=ǐ=RKŸG@LHŸGRM?RKŸIEȋKFR | ||||
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| UR?RŸ=@BUƦK | 25 057 210 | 37 572 880 | 35 653 197 | 53 461 392 |
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| 31.12.2011. | 31.12.2010. | |
|---|---|---|
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| Ÿ1/" | ||
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,@FRL@PBɵEB@ B@UME?ʟCMFB BP MQPɵ?ʟLB B@Uɵ?@K TʇPLʟ=ɵ RLKDRBLHL MQDPɵLH RFHPLBQɵ>BCM MG TʇPLʟ=RK KRFRQBGɵCMFM FHPLBQɵ>BCM RIPʇʪBGR Iʇ> EBG@ɵPɵK F@LH?@K RLLB@>ʟUH G@FRL@PBɵEH B@UME?ʟCMFM EB@L?@PʟURK BQFRGLHȻRGRK I@PB-H?R URPMFɵ ERB GHPRDKLʟLM G@FRL@PBɵEɵ B@UME?ʟCMFR TʇPLʟ=M Eʟ?Q Lɵ RIEʇKLRCRB RLEBDMȻRCRB TʇPLʟ=RB EB@L?@PʟUɵK BQFRGLHȻRGRKI@PBH?R=@BUɵKWRFRLɵG@FRL@PBɵEB@B@UME?ʟCMFBLB@DRFHPLBQʇLBUR?MERBDɵ
WRFRLEʟ?Q@DʯBBPMQPɵ?ʟLBB@Uɵ?@KTRBIɵPTʇPLʇȻRGRKTʇPLʟ=ɵ RLKDRBLHLMQDPɵLHGHEB@LHCMFMMGQRM?ʇCMFMKGHTʇPLʟ=RK KRFRQBGɵCMFRGHPRDKLʟȻRGM/R=B@?Pʟ=RIɵPTʇPLʇʇDRK UɵQ@KLPRGKIHPLʇȻRGRKMGKR?RE@KKBKLʇFMMGL@VGHEHʗBKDɵK B@DɵPLRKBDIʇ>UR?B@F
WɵPTʇPLʇȻRGRK P@QMELɵLɵ PR?B@K TʇPLʟ=RK IB@RMUMFK LB@D MQPɵ?ʟLK IRȻM DRIBLɵER IHKL@Gʟ -'EUL@PFBʹR B@UME?ʟCMFM IɵPTʇPLʇȻRGRKP@Q@PT@- =@LTʇPLʟ=RKKRFRQBGɵCMFKLB@DGHPRDKLʟLKGHB@IPB@DȻʇCHKUR?HKFBGʇLRCɵP@Q@PTʇB@KDRBLʟLɵ RLLB@>ʟUɵIRFRLEʟ?Q@DʯRTʇPLʟ=RKIB@RMUMFR IɵPKGB@UMFMB@DʯRMCHLIɵPKDRLRUR?RI@ʯʹRKTRBQRM?ʇCMFMRIPʇʪBGɵ
,HEB@LHCMFM RIPʇʪBGR Iʇ> EBG@ɵPɵK F@LH?@K RLLB@>ʟUH IRFRLEʟ?Q@DʯM EB@L?@PʟUɵK BQFRGLHȻRGRK I@PBH?R URPMFɵ ERBGHPRDKLʟLMIRFRLEʟ?Q@DʯRTʇPLʟ=MEʟ?QLɵRIEʇKLRCRBRLEBDMȻRCRBTʇPLʟ=RBEB@L?@PʟUɵKBQFRGLHȻRGRKI@PBH?R=@BUɵK BQFRGLHCHLȻɵ?RKTR?ʟ=RKGHL@BDLRKEBDF@K
| ŸŸUR?Ʀ | |
|---|---|
| ʆDRKŸRLDRPʟ=ɵŸGHŸDHGKLPMD>BCRKŸ | YŸ |
| %ɵQ@KŸLPRGKIHPLʇȻRGRKŸKBKLʇFRŸ | Y |
| '@DɵPLRKŸMGŸL@VGBKDRBKŸRIPʟDHCMFKŸ | Y |
| +ʇ=@E@KŸMGŸ=BPHCRŸB@DɵPLRKŸ | Y |
| "RLHPBŸMGŸRIPʟDHCMFKŸ |
,HEB@LHCMFMG@PʇʪBGRQ@F@BMG =MA@PUɵQ@BUɵQ@K DPɵLMTʇ RTRGKRFRDKɵCMFB@F IRP IRFRLEʟ?Q@DʯB@FMGG@IR- =@BULH>@ELGB@>ʟ=RKH=C@DLMBQFRDKɵF
/R=B@?Pʟ=R DRIBLREBQʇ IRFRLEʟ?Q@DʯMK DMPM TʇPLʟ=R IɵPKGB@?Q *K #1X MG EB@L?@PʟUɵK EB@LHȻRGRK ERBDK IɵPKGB@?QTB@GMUR?M
,@IR=@BULɵK >@ELGB@>ʟ=RK H=C@DLM KɵDHLGʇCɵ TʇPLʟ=R LB@D IREB@EBGɵLR I@PBH?R ERBDɵ IRP LB@ȻRCɵF BQFRDKɵF DRK KRBKLʟLRKRPRLLB@>ʟUHH=C@DLM Eʟ?QCRMGBQT@B?HLRBKH=C@DLKBPURLRTKLɵIRP@?QʇLRCRBBQFRGLHȻRGRB
%R?ʟCMFHK DR?Dɵ?RIRFRLEʟ?Q@DʯR=BERG>@KTʇPLʟ=RBPRMUKLɵDRIRPLɵRLU˚KLRFHTʇPLʟ=M RLLB@>ʟUɵIRFRLEʟ?Q@DʯR TʇPLʟ=R LB@D GHPRDKLʟLR Eʟ?Q Lɵ RLU˚KLRFRB TʇPLʟ=RB MG RLLB@>ʟURBK TʇPLʟ=RK GHPRDKLʟCMFK B@DʯRMLK BQFRDKɵK TRB RLLB@>BGɵLKIP@LBEUL@PFBʹRB@UME?ʟCMFMIɵPTʇPLʇȻRGRKP@Q@PTB CRRLLB@>ʟURBKIRFRLEʟ?Q@DEBKB@IPB@DȻLB>BKIɵPTʇPLʇLK
LU˚KLRFɵ TʇPLʟ=R BP RMUKLɵDɵ GH RLLB@>ʟUɵ IRFRLEʟ?Q@DʯR IRLB@KɵK TʇPLʟ=RK RLKDRBLHL IɵP?HȻRGRK BQFRDKRK TRB EB@LHȻRGRKTʇPLʟ=RK
0MPIFɵDɵK BQFRDKRK LB@D B@DʯRMLRK RDLʟTR =BERG>@K TʇPLʟ=ɵ TRB RLQʟLRK Dɵ RLK@TBȻʪK RDLʟTK LBDRB LR? DR? IRKLɵT EB@ERTRP=˚Lʟ=R DRRPȻHIHKL@GBKRBKLʟLB@GɵDHLG@KKRBFGB@>BKDB@ER=MFBB@IE˚?ʟK/R=B@?Pʟ=ɵMGȻɵIHKL@ʹRBQFRD-KRK TRP LB>RFB GHL@BDL ȹɵ?RK BQFRDKRK LB@D GHPRDKLʟLRK RLLB@>ʟUɵ IRFRLEʟ?Q@DʯR RLEBDMȻRCɵ EB@L?@PʟUɵK EB@LHȻRGRK I@PBH?ɵ)RIBLREBQʇCHLMQKLɵ?ʟLɵKP@Q@PT@K?RʯRKBQFRDKRK GHFRBGʟLɵK?RʯRKRLEBDMKʟTʇPLʟ=RLB@DGHPRDKLʟLRI@ʯʹRK TRBQRM?ʇCMFMRIPʇʪBGɵ
WRFRLEʟ?Q@DʯMDɵPLʇCɵP@FHGLRMGMQLMPʇȻRGRKBQFRDKRKLB@DB@DʯRMLRKLɵI@PBH?RI@ʯʹRKTRBQRM?ʇCMFMRIPʇʪBGɵ DMPɵLɵKBPPR?MȻɵK
W@ʯʹRTRBQRM?ʇCMFBGHIRFRLEʟ?Q@DʯMBQKEʇUȻRGRKLB@DRIPʇʪBGɵLBDɵKLRPIʟ=RKLRPIIRFRLEʟ?Q@DʯR=BERG>@KTʇPLʟ=M IɵP?HȻRGRKP@QMELɵLɵU˚LRCB@FB@ʹʇFMFB@FMGB@ʹʇFMFB@FGHRLLB@>ʟUɵIRFRLEʟ?Q@DʯRIɵPTʇPLʇȻRGRKP@Q@PT@K GHPRDKLʟȻRGRKMGB@DʯRMLBLɵI@PBH?RI@ʯʹRKTRBQRM?ʇCMFMRIPʇʪBGɵ DMPɵLB@PR?MȻB@K
"R=RKUɵQ@KDPɵCMFB'GʁMDREGRW%)MGFRʗBKLPɵEHUɵQ@KTR?MKBKLʇFɵLB@DGHTʇPLʇLBRLK@TBȻʪBIʇ>\$'\$-F@LH?@K IBPFRBK B@DȻɵ IBPFRBK ɵPɵ IRFRLHCHLB@K MQ DHIʇCH ?R=RKUɵQ@K DMKLʟ=RK =BERG>B "R=RKUɵQ@K BQFRDKRK T@B?H UɵQ@K B@IBPDȻRGRK BQFRDKRK +RL@PBɵEB P@Q@PT@K ?RʯRK KDRBLʟLɵCB MG IɵPʇCB@ DPɵCMFB LB@D GHTʇPLʇLB Iʇ> TB?ʇCɵK KTʇPLɵKF@LH?@K1QPRȼHȻRGRKBQFRDKɵFRLLB@>BGɵFɵKLB@ȻɵK?RP=RKIʇDRBQFRDKRKMGIɵPʇCɵKLB@ȻɵKBQFRDKRKLB@D RLLB@>BGɵLRKKRKDRʹɵRPMQDPɵCMFMIPBG>BIMI@PBH?ɵ DMPɵLɵKPR?MȻɵK
)PɵCMFB=BERG>ʇGHPɵ?ʟLBQ@FɵDRCɵGHB@Uɵ?@KTRBG@LHIɵP?HȻRGRKTʇPLʟ=ɵF,@LHIɵP?HȻRGRKTʇPLʟ=MT@B?HGHPFɵERK /R=B@?Pʟ=RK?RP=ʟ=RKURBLɵGHL@BDLɵDPɵCMFMIɵP?HȻRGRK>@GR RLKDRBLHLDPɵCMFMIR=@BUȻRGRKMGIɵP?HȻRGRKBQFRD-KRK,@IB@>B@ȻRFʟ=RKUR?ʟCMFɵGHT@>HCMȻH EʇGRRIUPHQʟCMFRTRB=HCɵLHDPɵCMFMTʇPLʟ=RBBPBQT@B?HLBMQDPɵCMFB
"@=BLHPMIRPɵ?B=BERG>ʇLB@DMQPɵ?ʟLBRFHPLBQʇLRCɵB@Uɵ?@KTʇPLʟ=ɵ RLKDRBLHLMQDPɵCMFMKȻRM=ʟUB@FMG=@Q>@PʟUB@F ?@=BLHPMIRPɵ?B@F1QDPɵCMFBȻRM=ʟUB@FMG=@Q>@PʟUB@F?@=BLHPMIRPɵ?B@F LB@DT@B?HLBUR?ʟCMFHK DR?IRKLɵT H=C@DLʟTBIB@Pɵ?ʟCMFBLRF DR/R=B@?Pʟ=RG@TRPʇKKRʹ@FL?@=BLHPMIRPɵ?MKIBEGɵTʇPLʟ=ɵRL=BEKLHȻBKɵDHLGʇCBGH-L@BDLB@FRLFRDKRKL@PFBʹB@F1QDPɵCMFMȻRM=ʟUB@FMG=@Q>@PʟUB@F?@=BLHPMIRPɵ?B@FRIFʇPKBPKLRPIʟ=RKLRPI ?@=BLHPMIRPɵ?MRFHPLBQʇLHB@Uɵ?@KTʇPLʟ=MMGRLU˚KLRFHTʇPLʟ=M1QDPɵCMFBȻRM=ʟUB@FMG=@Q>@PʟUB@F?@=BLHPM IRPɵ?B@FLB@DB@DʯRMLBI@ʯʹRKTRBQRM?ʇCMFMRIPʇʪBGɵ
!BLBBEUL@PFBʹRB@UME?ʟCMFBLB@DRLKIHUMʯHLBB@Uɵ?@KBQFRDKɵK RLKDRBLHLMQDPɵCMFMK DRKBQT@B?HLB ERBRLKIHUMʯHLM B@UME?ʟCMFMTʇPLʟ=RKKRFRQBGɵȻRGHKG@IɵP@CHȻMRIKLɵDʯMB@L@DFʇ'@UME?ʟCMFMGHTʇPLʇȻRGRLB@DT@BDLR IRFRLHCH-LB@KMQIʇ?ʇCB@FIB@@CRFRCB@FǘGRGȻMPɵ?ʟLɵCB@F
/ɵDHLGʇCB RBQʹʇFMFB LB@D RLQʟLB KRʹ@FLH GRM?RK Eʟ?Q@DʯM RIFʇPK RLKDRBLHL RP RBQʹʇFMFM KRʹ@FȻRGM KRBKLʟLɵK BQFRDKRK0MPIFɵDRCHKI@PBH?HKRBQʹʇFMFBLB@DMQPɵ?ʟLBRFHPLBQʇLRCɵB@Uɵ?@KTʇPLʟ=ɵ DMPRLB@DGHL@BDLR BQFRG-LHCHLRBQʹʇFMFR@A@DLʟTHIPH>@GLMEBDFB/LRPIʟ=RKLRPIKRʹ@FLHGRM?RKEʟ?Q@DʯMRIFʇPK RLKDRBLHLRPRBQʹʇFMFM KRʹ@FȻRGMKRBKLʟLɵKBQFRDKRK MGRBQʹʇFMFR?QʇȻRGRKTʇPLʟ=M IRDɵI@GBKDBLB@DB@DʯRMLRI@ʯʹRKTRBQRM?ʇCMFM RIPʇʪBGɵ
WɵPKDRLR UR?R MQʹʇFMFM B@GɵDMFR GH?HDʯR BQFRDKRK BP B@DʯRMLRK ǘGRGȻM IɵPKDRLɵ IRFRLHCHLB@K MQ TR?ʟ=RK KRKDRʹɵRP*RLTBCRKX@IM=EBDRKGH?HDʯMGHPFRLʟTRCB@FRDLB@FT@BDLRCB@FRIPʇʪBGB@F
LEBDLRBKGH?HDEBKLB@DRIPʇʪBGɵLKKRKDRʹɵRPKRBKLʟ=MF@LH?BRLLB@>ʟ=ɵMQTBKɵFIRURB?MRLȻʪBPʟ=ɵFKLRPIRDLʟTM
MG KRBKLʟ=M TʇPLʟ=ɵF ǘGRGȻM IɵPKDRLHK MG LH TʇPLʟ=ɵF GH?HDʯM RIPʇʪBGM FʇPʪB@F LEBDLɵ GH?HDʯR RIPʇʪBGHK LB@D BQFRGLHLR GH?HDʯM EBDF@ DRK KRURB?ɵFR I@PBH?HK DR? IRP@?QʇLK P@REBQʇL RLLB@>ʟUH RLEBDLɵ GH?HDʯR RDLʟTM TRBGHDɵPLHL RLEBDLɵGH?HDʯRKRBKLʟ=MWRURB?M RLȻʪBPʟ=RKURET@GHDɵPL PH?RK BQFRGLHCHL RLȻʪBPʟURKIRFRLEʟ?Q@DʯM GHEB@LHCMFR MG G@FRL@PBɵEH B@UME?ʟCMFM RFHPLBQɵ>BCRK EBDF@K Dɵ RPʟ GH MQDPɵLɵF BQFRDKɵF IB@FRDKɵF IRP IɵPKDRLRUR?R P@QMELɵLB@F G@BQFRGLHLB@F RLTRʯBGɵCMFB@F MQDPɵCMFB@FIʇ>GH?RP=BGɵLʟ=RKMG>BLɵFKRBKLʟ=ɵF IP@L?RP=BGB@DB@FMGMQDPɵCMFB@FȻRM=ʟUB@FMG=@Q>@PʟUB@F?@=BLHPMIRPɵ?B@F DRF Iʇ>TR?ʟ=RKGHTʇPLʇCMFR B@KLɵKB@KEBDMFR-WRPMQʹʇFMFMB@GɵDMFRGH?HDEB-IRGLɵFBGʇLB@DPBLʇPBCB DɵRPʟ>BLɵFMQDPɵLɵFBQFRDKɵFMG MQDPɵCMFB@FDPɵCMFMTʇPLʟ=RKKRFRQBGɵCMFRFLEBDLɵGH?HDʯRRDLʟTMRLQʟKL CRIRKLɵTEB@ERTRP=˚Lʟ=R DRLBDKU˚LR RPGH?HDEBRIEB@DRFRI@ʯʹR MQDMPMTRPʇKRLLB@>BGɵLRLKDRBLɵFHIRURB?MRLȻʪBPʟ=M
LEBDLɵ GH?HDʯR KRBKLʟ=M IB@RMUMFK DRK PR?B@K IRFRLEʟ?Q@DʯM IɵPTʇPLʇȻRGRK ?ʇʯ LB@D B@UPɵFRLHLK Dɵ RLLB@>ʟUɵ BEUL@PFBʹRB@UME?ʟCMFMIɵPTʇPLʇȻRGRKP@Q@PT@KIB@RMUMFRIRȻMDRIBLɵEɵKRFRQBGɵCMFKLEBDLɵGH?HDʯRKRBKLʟ=M KRFRQBGɵCMFK DRKPH?RKIɵPTʇPLʇLHIRFRLEʟ?Q@DʯMGHEB@LHCMFRP@QMELɵLɵ LB@D?ʇʯI@ʯʹRKTRBQRM?ʇCMFMRIPʇʪBGɵ MGRLLB@>ʟUɵG@P@REBQʇLHGH?HDʯMB@ʹʇFMFMKMFFRMQPɵ?ʟLRUR?RIɵPKDRLRIB@EBDMFɵ
1QDPɵLɵKKRBKLʟ=ɵKLB@DRLQʟLRK CR/R=B@?Pʟ=RBBPCMPB?BKDRKTRBIPRDK@KPR?ʟLRKKRBKLʟ=RK DRKPR?MȻɵKIRUɵLG@KGHLB-DMFM?ʇʯMGIRKLɵTB@KIʇCR DR=˚KG@IB@>B@ȻRFBIRIBE?MEʟ?Q@DʯBKRBKLʟ=MBQIBE?@B MGKRBKLʟ=RKTRPLB>RFBRIEʇKL MGGHTʇPLʇL
1QDPɵLHG@BQFRGLHLH RLTRʯBGɵCMFM BQFRDKMKMFFR LB@DGHL@BDLR P@BQBGHL?RP=BGB@DMTB?ʇCH?B@GRK RLREUHCMFM IɵPKDRLRUR?RIʇ?ʇCHKK@ȻHKFʇG@ȻHKRPIɵPKDRLRUR?R=@BUɵKMQDPɵLHG@BQFRGLHLHRLTRʯBGɵCMFM?B@GMKDRBLM
/R=B@?Pʟ=R ?RP=BGB@DB@F DMPM GH?RP=BGɵLʟ=RK GHKR>ʟCMFB RL=BEKL GHL@BDLB@F DPBLʇPBCB@F KRKDRʹɵ RP )HIEʟUMFM GH?PHȻBGRGHL@BDLMKER=MFMK?RP=RRLLB@>ʟ=MBQ=@BUȻRGRKUR?ʟCMFɵMGIɵPʇCɵ?QʟT@KERBDɵWR=REKLMKRBKLʟ=RKLB@D RIPʇʪBGɵLRK ʹ@FHLTʇPɵ@KHȻHREURKEʟF@GBMG?RP=BGB@DMKDRBLM DMPB@FBPTRBGɵDHLGʇPR?ʟKB@KLB@Kʟ=RKKRʹ@FLȻHK FRDKɵCMFMK DɵRPʟRDLMɵPRIB@ʹʇFMFMKX@BQBUR?ɵDTREBǘ>ʇLKRDLMɵPKGHTʇPLʇȻʟKKRBKLʟ=RKWR=REKLMKRURB?ɵFɵK BQFRDKRKLB@DMQDPɵLRK?RP=RRLLB@>ʟ=MI@PBH?ɵ
BERG>ʇ RLQʟLɵK KRBKLʟ=RK RLLB@>ʟ=ɵ MQ ?RP=R RLLB@>ʟ=M IɵPLPRMDȻRGRK IR=REKLB@F LB@D RLKIHUMʯHLRK LH IRȻP@BQʇCɵ TʇPLʟ=ɵIɵPKDRLRUR?RIʇ?ʇCɵ?B@Gɵ"RP=RRLLB@>ʟ=MIɵPLPRMDȻRGRKIR=REKLMKRBKLʟ=RKRIPʇʪBGRIRPDRLPMIɵPKDRLR UR?M BQFRGLHCHLprojected unit creditF@LH?BIPʇʪBGHKLB@DBQFRGLHLBURGRDLMɵPRGHL@BDLB URGIM=EBKDBIB@@CRFB IB@ʹʇFMFBIRPFRBGʟURCB@F?@FHUPɵǘKDRCB@FMGǘGRGȻMARDLHPB@F
,RM?RMGGRM?RK@DTBTRE@GLBKRKLɵTGHGRM?RKDRKʇ DɵPLʇCH=RGDRKDHGLMRLEBDMFB@FMGʟKL@PFBʹR?@IHQʟLB@F RPKɵDHLGʇCHL@PFBʹMEʟ?QFʇG@ȻB@F DRKG@IB@>B@ȻRFʟ=RKUR?ʟCMFɵBPTB@UEBIɵPTʇPȻRFBGRM?ɵMGGRTIRDʯRMLB =˚LBKDRFTʇPLʟ=MBQFRBʹMPBKDRF
WRPKRBKLʟLRCɵFIMKʇFLB@DMQKDRLʟLBEB@EɵDB@/R=B@?Pʟ=RKRD>BHGɵPB DMPB@FBP=˚LBKDRB@L@DF@ MG/R=B@?Pʟ=RKWR- ?HF@K MG2RE?@K EH>@DʯB TBʹM LMTB ʗBF@G@K EH>@DʯBMG KR=B@?Pʟ=RK DMPɵKFBGʇLRCɵF I@PKHGɵF BP DHGLPHE@ TRB =˚LBKDRB@L@DF@
WɵPTʇPLʇCHLIRFRLEʟ?Q@DʯMK PH?RKIRIBE?MIRURB?MRLȻʪBPʟ=RKLRPIIRFRLEʟ?Q@DʯMTʇPLʟ=MǘGRGȻMIɵPKDRLHKMGLH TʇPLʟ=M GH?HDʯR RIPʇʪBGRFʇPʪB@F /RKDRʹɵ RP UPɵFRLT@?ʟ=RK IHEBLBDRK D IMGDLɵ RIPRDKLʟLH RLLB@>ʟURBK RLEBDLɵ GH?HDʯR KRBKLʟ=M IB@RMUMFK LB@D RLLB@>BGɵLK MQ BEUL@PFBʹR B@UME?ʟCMFM IɵPTʇPLʇȻRGRK P@Q@PTB /RTMDɵPL RLEBDLɵ GH?HDʯRKRBKLʟ=MKRFRQBGɵCMFK DRKPH?RKIɵPTʇPLʇLHIRFRLEʟ?Q@DʯMGHEB@LHCMFRP@QMELɵLɵ LB@DB@DʯRMLKI@ʯʹRKTRB QRM?ʇCMFMRIPʇʪBGɵDɵGH?HDʯMB@ʹʇFMFB
'@TʇPHCHL *RLTBCRKX@IM=EBDRK-%R?R IɵPKDRLM EBDMFR- IRGLR ?RʯRK IPRKʟ=RK FBGʇLHK GH?HDʯM B@ʹʇFMFMK G@TRP KR?REʟL ȹɵ B@F@KER ?ʇʯ KR?REɵFɵ I@ʯʹR RIPʇʪBGɵLR Dɵ G@LH I@ʯʹRK MG IRFRLEʟ?Q@DʯM IɵPTʇPLʇȻRGRKPR?ʟLH G@P@REBQʇLHGH?HDʯMB@ʹʇFMFMKLRPIʟ=R
ȹBKKRʟKBGɵLRBKǘGRGȻMIɵPKDRLK DRKKRKLɵTGH =BERG>@KUR?R?@>@F=Pʟ I@ʯʹRK TRBQRM?ʇCMFM RIPʇʪBGR IRȻMDRIBLɵER BQFRBʹMIɵPKDRLR GRM?RKIE˚KFRKIɵPKDRLRIRPUR?MMGIB@EBDMFR-%PɵFRLT@?ʟ=RKIHEBLBDR- BP KRURLRTHLK =REKLHLB@K MQ P@TB?ʇLɵ /R=B@?Pʟ=RK ǘGRGȻM IɵPKDRLR RLLB@>ʟUH BGAHPFɵ>BCM G@T@B>HL LRCɵ G@Dɵ?RK BQFRBʹRK0ɵ?ʇCɵ?BȻBKKRʟKBGɵLRBKǘGRGȻMIɵPKDRLKBPRL=BEKLHȻKRLLB@>ʟURCRFǘGRGȻMIɵPKDRLRF
| GALVAS PISETAS RIGAS Gāzes fabrīkas rīcības pārskais |
|||
|---|---|---|---|
| par 1940 gadu men 19 g. | |||
| Merkiga 30 1 | Meritals M = | NUPE | |
| Deggaze. 8 98 18 |
210467000 | 93919 000 | |
| Meritāju stāvoklis mēneša beiglis - - kb. p. Meritaju atavoklis menoša sākumā - - - kh. p. |
|||
| Hazots kb. p. | 210967800 | 18919000 | 1633336 111 |
| 1 97040 . kb. p. |
|||
| 大学 在国家学 Tvertněs měnešu sákumi. Zamínov se povou v obce v ob |
ﮯ | 2-10 2000 ED IT |
|
| 111 | 2000 kh, p. |
100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 n |
|
| 1773491 In- |
|||
| L- | ಿ ನಿರ್ವಾಲ H.B. JL 138400 |
||
| TVATINGS HERNESS DELEVES - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - | IL - HIL |
KR It 188820 kib, pl. |
377 |
| 대 | m 8636129 |
||
| Paterets ===================================================================================================================================================================== Paspaterius: |
III | ||
| 1) Fahrikas laternam un degjiem - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - | |||
| todongile labstill aberte it Meritajs mēn beigās - - - - ma |
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| Mērītājs mēn. sākumā - - - - - - - - - - - - - - - - | - - | 원 구성급 ■ |
|
| Nodota plisētas liklam - serka - ka vel mēs pilsē - piede - ev = miete est = | 六六世女女 1 |
||
| History Things | 11 39 gads | ||
| Richots deriganes | 1635346 | 1024766 | |
| Sodots pilsētan liklam | 【SATTEL | 全体式的信 | |
| Plisetas nolotas degrazes piesurums resp, pamaximajums - - 1/62 8049 -- m* | - 15,4 - 0/0 % | ||
| Akmeņogles. | 一一年四六年四六 4 11 11 |
||
| Annuman al 2 2 2012 2017 2017 2017 2017 2017 2017 2017 2017 2017 10:20 10 10-10-10 11:10 2017 10-11 11:10 11 11 11:10 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 | 11 11 | ||
| 3074660 - 11.14 |
|||
| Patereis: 1 16340 1278 1 |
19,900 100 | FB3B00V | 988744007 - lig |
| 245 and 育在线 |
- - - - - 10/24/1 1173 11 |
||
| A FERESS HITE | 10.7 2017 | ||
| ATTER AND THE STATE | 1941 | 157 179 | |
| 服 | |||
| 1675 185 工工程 |
|||
| TVARIE REMEM - 14 - 1 - | 478 Cara Paris Cara Participal Property Property Property Property Property Province Provincial Provincial Provincial Provincial Provincial Provincial Provincial Provincial P 2540 |
||
| Darbucam u. E. - - - - Kopa - |
Arelli ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
FROLOFS 高度 |

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