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212.07 575.25 Td (Monetary ) Tj ET Q q 0 0 0 rg BT 253.62 575.25 Td (Union ) Tj ET Q q 0 0 0 rg BT 281.29 575.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 319.53 575.25 Td (to ) Tj ET Q q 0 0 0 rg BT 329.98 575.25 Td (the ) Tj ET Q q 0 0 0 rg BT 344.87 575.25 Td (T) Tj ET Q q 0 0 0 rg BT 349.88 575.25 Td (r) Tj ET Q q 0 0 0 rg BT 353.40 575.25 Td (eaty ) Tj ET Q q 0 0 0 rg BT 372.73 575.25 Td (on ) Tj ET Q q 0 0 0 rg BT 385.41 575.25 Td (the ) Tj ET Q q 0 0 0 rg BT 400.30 575.25 Td (Functioning ) Tj ET Q q 0 0 0 rg BT 451.86 575.25 Td (of ) Tj ET Q q 0 0 0 rg BT 462.31 575.25 Td (the ) Tj ET Q q 0 0 0 rg BT 477.20 575.25 Td (Eur) Tj ET Q q 0 0 0 rg BT 491.83 575.25 Td (opean ) Tj ET Q q 0 0 0 rg BT 518.94 575.25 Td (Union, ) Tj ET Q q 0 0 0 rg BT 549.12 575.25 Td (as ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 563.25 Td (amended, ) Tj ET Q q 0 0 0 rg BT 95.39 563.25 Td (and ) Tj ET Q q 0 0 0 rg BT 113.18 563.25 Td (all ) Tj ET Q q 0 0 0 rg BT 126.52 563.25 Td (r) Tj ET Q q 0 0 0 rg BT 130.04 563.25 Td (efer) Tj ET Q q 0 0 0 rg BT 145.22 563.25 Td (ences ) Tj ET Q q 0 0 0 rg BT 170.22 563.25 Td (to ) Tj ET Q q 0 0 0 rg BT 180.78 563.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 206.36 563.25 Td (Dollars, ) Tj ET Q q 0 0 0 rg BT 247.77 563.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 273.34 563.25 Td (Dollar) Tj ET Q q 0 0 0 rg BT 298.90 563.25 Td (, ) Tj ET Q q 0 0 0 rg BT 309.76 563.25 Td (U.S.$ ) Tj ET Q q 0 0 0 rg BT 345.89 563.25 Td (and ) Tj ET Q q 0 0 0 rg BT 363.68 563.25 Td ($ ) Tj ET Q q 0 0 0 rg BT 382.59 563.25 Td (r) Tj ET Q q 0 0 0 rg BT 386.11 563.25 Td (efer ) Tj ET Q q 0 0 0 rg BT 404.45 563.25 Td (to ) Tj ET Q q 0 0 0 rg BT 415.02 563.25 Td (the ) Tj ET Q q 0 0 0 rg BT 430.02 563.25 Td (curr) Tj ET Q q 0 0 0 rg BT 446.87 563.25 Td (ency ) Tj ET Q q 0 0 0 rg BT 467.98 563.25 Td (of ) Tj ET Q q 0 0 0 rg BT 478.55 563.25 Td (the ) Tj ET Q q 0 0 0 rg BT 493.55 563.25 Td (United ) Tj ET Q q 0 0 0 rg BT 523.56 563.25 Td (States ) Tj ET Q q 0 0 0 rg BT 550.24 563.25 Td (of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 551.25 Td (America ) Tj ET Q q 0 0 0 rg BT 90.38 551.25 Td (\(or ) Tj ET Q q 0 0 0 rg BT 105.10 551.25 Td (United ) Tj ET Q q 0 0 0 rg BT 140.38 551.25 Td (States\). ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 527.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 527.25 Td (Certain ) Tj ET Q q 0 0 0 rg BT 123.06 527.25 Td (totals ) Tj ET Q q 0 0 0 rg BT 147.78 527.25 Td (in ) Tj ET Q q 0 0 0 rg BT 158.06 527.25 Td (the ) Tj ET Q q 0 0 0 rg BT 172.78 527.25 Td (tables ) Tj ET Q q 0 0 0 rg BT 199.17 527.25 Td (included ) Tj ET Q q 0 0 0 rg BT 236.10 527.25 Td (in ) Tj ET Q q 0 0 0 rg BT 246.38 527.25 Td (this ) Tj ET Q q 0 0 0 rg BT 263.33 527.25 Td (Interim ) Tj ET Q q 0 0 0 rg BT 295.26 527.25 Td (Report ) Tj ET Q q 0 0 0 rg BT 324.98 527.25 Td (may ) Tj ET Q q 0 0 0 rg BT 344.14 527.25 Td (not ) Tj ET Q q 0 0 0 rg BT 359.42 527.25 Td (add ) Tj ET Q q 0 0 0 rg BT 376.92 527.25 Td (due ) Tj ET Q q 0 0 0 rg BT 393.86 527.25 Td (to ) Tj ET Q q 0 0 0 rg BT 404.14 527.25 Td (r) Tj ET Q q 0 0 0 rg BT 407.66 527.25 Td (ounding.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 503.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 503.25 Td (The financial data in Results of Operations is pr) Tj ET Q q 0 0 0 rg BT 294.09 503.25 Td (esented in millions of Eur) Tj ET Q q 0 0 0 rg BT 396.48 503.25 Td (o, while the per) Tj ET Q q 0 0 0 rg BT 458.33 503.25 Td (centages pr) Tj ET Q q 0 0 0 rg BT 504.33 503.25 Td (esented ar) Tj ET Q q 0 0 0 rg BT 545.34 503.25 Td (e ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 491.25 Td (calculated using the underlying figur) Tj ET Q q 0 0 0 rg BT 201.94 491.25 Td (es in thousands of Eur) Tj ET Q q 0 0 0 rg BT 291.02 491.25 Td (o.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 467.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 467.25 Td (This ) Tj ET Q q 0 0 0 rg BT 109.73 467.25 Td (Interim ) Tj ET Q q 0 0 0 rg BT 141.67 467.25 Td (Report ) Tj ET Q q 0 0 0 rg BT 171.39 467.25 Td (is ) Tj ET Q q 0 0 0 rg BT 180.56 467.25 Td (unaudited.) 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1 rg /GS0 gs 498.50 566.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 538.75 256.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 538.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 538.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 538.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 538.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 538.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 538.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 538.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 510.75 256.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 510.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 510.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 510.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 510.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 510.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 510.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 510.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 482.75 256.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 482.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 482.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 482.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 482.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 482.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 482.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 482.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 454.75 256.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 454.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 454.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 454.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 454.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 454.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 454.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 454.75 59.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 623.75 m 368.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 623.75 m 372.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 623.75 m 431.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 623.75 m 494.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 623.75 m 498.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 623.75 m 557.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 623.75 m 368.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 609.75 m 368.5 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 623.75 m 431.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 609.75 m 431.5 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 623.75 m 494.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 609.75 m 494.5 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 623.75 m 498.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 623.75 m 557.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 609.75 m 557.5 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 609.75 m 557.5 609.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.90 637.20 Td (For) Tj ET Q q 0 0 0 rg BT 332.81 637.20 Td ( the thr) Tj ET Q q 0 0 0 rg BT 361.14 637.20 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.55 628.20 Td (September) Tj ET Q q 0 0 0 rg BT 385.96 628.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.55 637.20 Td (For) Tj ET Q q 0 0 0 rg BT 460.38 637.20 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.55 628.20 Td (September) Tj ET Q q 0 0 0 rg BT 511.88 628.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.50 614.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.50 614.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 614.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.50 614.20 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 373.50 599.21 Td (\( million, except per share data\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 585.21 Td (Net revenues ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.50 585.21 Td (838) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 585.21 Td (836) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 470.75 585.21 Td (2,575) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 585.21 Td (2,577) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 571.21 Td (EBIT) Tj ET Q q 0 0 0 rg BT 75.83 571.21 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.50 571.21 Td (203) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 571.21 Td (202) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 571.21 Td (631) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 571.21 Td (581) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 557.21 Td (Profit before taxes ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.50 557.21 Td (197) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 557.21 Td (194) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 557.21 Td (616) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 557.21 Td (556) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 543.21 Td (Net profit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.50 543.21 Td (287) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 543.21 Td (141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 543.21 Td (596) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 543.21 Td (401) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 529.21 Td (Net profit attributable to:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 56.00 515.20 Td ( Owners of the par) Tj ET Q q 0 0 0 rg BT 134.42 515.20 Td (ent ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.50 515.20 Td (287) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.50 515.20 Td (140) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.50 515.20 Td (595) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.50 515.20 Td (400) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 56.00 501.20 Td ( Non-contr) Tj ET Q q 0 0 0 rg BT 106.16 501.20 Td (olling inter) Tj ET Q q 0 0 0 rg BT 146.08 501.20 Td (ests ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.95 501.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.50 501.20 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 486.50 501.20 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 549.50 501.20 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 487.21 Td (Basic earnings per common share \(in Euro\) ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 214.70 491.29 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.25 487.21 Td (1.52) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.25 487.21 Td (0.74) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 475.25 487.21 Td (3.15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.25 487.21 Td (2.1) Tj ET Q q 0 0 0 rg BT 549.50 487.21 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 473.21 Td (Diluted earnings per common share \(in Euro\) ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 221.70 477.29 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.25 473.21 Td (1.51) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.25 473.21 Td (0.74) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 475.25 473.21 Td (3.14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.25 473.21 Td (2.1) Tj ET Q q 0 0 0 rg BT 549.50 473.21 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 459.21 Td (Dividend approved per common share \(in Euro\) ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 231.20 463.29 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.00 459.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.00 459.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 475.25 459.21 Td (0.71) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 459.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 445.21 Td (Distribution approved per common share \(in Euro\)) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 238.95 449.29 Td ( \(3\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.00 445.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.00 445.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 445.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.25 445.21 Td (0.64) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 429.25 Td (_____________________________) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 419.65 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 67.50 419.65 Td (See ) Tj ET Q q 0 0 0 rg BT 81.19 419.65 Td (Note ) Tj ET Q q 0 0 0 rg BT 98.89 419.65 Td (13 ) Tj ET Q q 0 0 0 rg BT 109.48 419.65 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 145.86 419.65 Td (per ) Tj ET Q q 0 0 0 rg BT 159.11 419.65 Td (Shar) Tj ET Q q 0 0 0 rg BT 173.93 419.65 Td (e ) Tj ET Q q 0 0 0 rg BT 184.52 419.65 Td (to ) Tj ET Q q 0 0 0 rg BT 193.33 419.65 Td (the ) Tj ET Q q 0 0 0 rg BT 205.70 419.65 Td (Interim ) Tj ET Q q 0 0 0 rg BT 231.84 419.65 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 269.98 419.65 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 315.24 419.65 Td (Financial ) Tj ET Q q 0 0 0 rg BT 348.94 419.65 Td (Statements ) Tj ET Q q 0 0 0 rg BT 386.19 419.65 Td (for ) Tj ET Q q 0 0 0 rg BT 398.12 419.65 Td (the ) Tj ET Q q 0 0 0 rg BT 410.48 419.65 Td (calculation ) Tj ET Q q 0 0 0 rg BT 449.06 419.65 Td (of ) Tj ET Q q 0 0 0 rg BT 457.88 419.65 Td (basic ) Tj ET Q q 0 0 0 rg BT 477.35 419.65 Td (and ) Tj ET Q q 0 0 0 rg BT 491.94 419.65 Td (diluted ) Tj ET Q q 0 0 0 rg BT 516.75 419.65 Td (earnings ) Tj ET Q q 0 0 0 rg BT 547.34 419.65 Td (per ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 410.05 Td (common ) Tj ET Q q 0 0 0 rg BT 96.61 410.05 Td (shar) Tj ET Q q 0 0 0 rg BT 110.54 410.05 Td (e.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 400.45 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 67.50 400.45 Td (Following ) Tj ET Q q 0 0 0 rg BT 101.81 400.45 Td (appr) Tj ET Q q 0 0 0 rg BT 116.62 400.45 Td (oval ) Tj ET Q q 0 0 0 rg BT 131.81 400.45 Td (of ) Tj ET Q q 0 0 0 rg BT 139.45 400.45 Td (the ) Tj ET Q q 0 0 0 rg BT 150.64 400.45 Td (annual ) Tj ET Q q 0 0 0 rg BT 174.27 400.45 Td (accounts ) Tj ET Q q 0 0 0 rg BT 204.13 400.45 Td (by ) Tj ET Q q 0 0 0 rg BT 213.09 400.45 Td (the ) Tj ET Q q 0 0 0 rg BT 224.28 400.45 Td (shar) Tj ET Q q 0 0 0 rg BT 238.21 400.45 Td (eholders ) Tj ET Q q 0 0 0 rg BT 267.18 400.45 Td (at ) Tj ET Q q 0 0 0 rg BT 274.81 400.45 Td (the ) Tj ET Q q 0 0 0 rg BT 285.90 400.45 Td (Annual ) Tj ET Q q 0 0 0 rg BT 310.43 400.45 Td (General ) Tj ET Q q 0 0 0 rg BT 338.06 400.45 Td (Meeting ) Tj ET Q q 0 0 0 rg BT 365.68 400.45 Td (of ) Tj ET Q q 0 0 0 rg BT 373.32 400.45 Td (the ) Tj ET Q q 0 0 0 rg BT 384.51 400.45 Td (Shar) Tj ET Q q 0 0 0 rg BT 399.32 400.45 Td (eholders ) Tj ET Q q 0 0 0 rg BT 428.29 400.45 Td (on ) Tj ET Q q 0 0 0 rg BT 437.60 400.45 Td (April ) Tj ET Q q 0 0 0 rg BT 455.46 400.45 Td (13, ) Tj ET Q q 0 0 0 rg BT 466.88 400.45 Td (2018, ) Tj ET Q q 0 0 0 rg BT 486.29 400.45 Td (a ) Tj ET Q q 0 0 0 rg BT 491.71 400.45 Td (dividend ) Tj ET Q q 0 0 0 rg BT 520.67 400.45 Td (distribution ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 390.85 Td (of ) Tj ET Q q 0 0 0 rg BT 76.14 390.85 Td (0.71 ) Tj ET Q q 0 0 0 rg BT 96.55 390.85 Td (per ) Tj ET Q q 0 0 0 rg BT 109.63 390.85 Td (common ) Tj ET Q q 0 0 0 rg BT 139.15 390.85 Td (shar) Tj ET Q q 0 0 0 rg BT 153.08 390.85 Td (e ) Tj ET Q q 0 0 0 rg BT 159.04 390.85 Td (was ) Tj ET Q q 0 0 0 rg BT 173.91 390.85 Td (appr) Tj ET Q q 0 0 0 rg BT 188.72 390.85 Td (oved, ) Tj ET Q q 0 0 0 rg BT 208.24 390.85 Td (corr) Tj ET Q q 0 0 0 rg BT 221.72 390.85 Td (esponding ) Tj ET Q q 0 0 0 rg BT 257.02 390.85 Td (to ) Tj ET Q q 0 0 0 rg BT 265.66 390.85 Td (a ) Tj ET Q q 0 0 0 rg BT 272.07 390.85 Td (total ) Tj ET Q q 0 0 0 rg BT 289.15 390.85 Td (distribution ) Tj ET Q q 0 0 0 rg BT 328.91 390.85 Td (of ) Tj ET Q q 0 0 0 rg BT 337.54 390.85 Td (134 ) Tj ET Q q 0 0 0 rg BT 355.96 390.85 Td (million. ) Tj ET Q q 0 0 0 rg BT 383.04 390.85 Td (The ) Tj ET Q q 0 0 0 rg BT 397.45 390.85 Td (distribution ) Tj ET Q q 0 0 0 rg BT 437.21 390.85 Td (was ) Tj ET Q q 0 0 0 rg BT 452.07 390.85 Td (made ) Tj ET Q q 0 0 0 rg BT 471.81 390.85 Td (fr) Tj ET Q q 0 0 0 rg BT 476.85 390.85 Td (om ) Tj ET Q q 0 0 0 rg BT 489.04 390.85 Td (the ) Tj ET Q q 0 0 0 rg BT 501.23 390.85 Td (r) Tj ET Q q 0 0 0 rg BT 504.05 390.85 Td (etained ) Tj ET Q q 0 0 0 rg BT 530.01 390.85 Td (earnings ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 381.25 Td (r) Tj ET Q q 0 0 0 rg BT 70.32 381.25 Td (eserve.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 371.65 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 67.50 371.65 Td (Following ) Tj ET Q q 0 0 0 rg BT 102.37 371.65 Td (appr) Tj ET Q q 0 0 0 rg BT 117.19 371.65 Td (oval ) Tj ET Q q 0 0 0 rg BT 132.94 371.65 Td (of ) Tj ET Q q 0 0 0 rg BT 141.14 371.65 Td (the ) Tj ET Q q 0 0 0 rg BT 152.89 371.65 Td (annual ) Tj ET Q q 0 0 0 rg BT 177.09 371.65 Td (accounts ) Tj ET Q q 0 0 0 rg BT 207.51 371.65 Td (by ) Tj ET Q q 0 0 0 rg BT 217.04 371.65 Td (the ) Tj ET Q q 0 0 0 rg BT 228.79 371.65 Td (shar) Tj ET Q q 0 0 0 rg BT 242.72 371.65 Td (eholders ) Tj ET Q q 0 0 0 rg BT 272.25 371.65 Td (at ) Tj ET Q q 0 0 0 rg BT 280.45 371.65 Td (the ) Tj ET Q q 0 0 0 rg BT 292.06 371.65 Td (Annual ) Tj ET Q q 0 0 0 rg BT 317.15 371.65 Td (General ) Tj ET Q q 0 0 0 rg BT 345.34 371.65 Td (Meeting ) Tj ET Q q 0 0 0 rg BT 373.53 371.65 Td (of ) Tj ET Q q 0 0 0 rg BT 381.73 371.65 Td (the ) Tj ET Q q 0 0 0 rg BT 393.48 371.65 Td (Shar) Tj ET Q q 0 0 0 rg BT 408.30 371.65 Td (eholders ) Tj ET Q q 0 0 0 rg BT 437.83 371.65 Td (on ) Tj ET Q q 0 0 0 rg BT 447.66 371.65 Td (April ) Tj ET Q q 0 0 0 rg BT 466.09 371.65 Td (14, ) Tj ET Q q 0 0 0 rg BT 478.07 371.65 Td (2017, ) Tj ET Q q 0 0 0 rg BT 498.04 371.65 Td (a ) Tj ET Q q 0 0 0 rg BT 504.02 371.65 Td (cash ) Tj ET Q q 0 0 0 rg BT 520.67 371.65 Td (distribution ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 362.05 Td (of ) Tj ET Q q 0 0 0 rg BT 75.23 362.05 Td (0.635 ) Tj ET Q q 0 0 0 rg BT 98.73 362.05 Td (per ) Tj ET Q q 0 0 0 rg BT 110.90 362.05 Td (common ) Tj ET Q q 0 0 0 rg BT 139.51 362.05 Td (shar) Tj ET Q q 0 0 0 rg BT 153.44 362.05 Td (e ) Tj ET Q q 0 0 0 rg BT 158.49 362.05 Td (was ) Tj ET Q q 0 0 0 rg BT 172.45 362.05 Td (appr) Tj ET Q q 0 0 0 rg BT 187.26 362.05 Td (oved, ) Tj ET Q q 0 0 0 rg BT 205.87 362.05 Td (corr) Tj ET Q q 0 0 0 rg BT 219.35 362.05 Td (esponding ) Tj ET Q q 0 0 0 rg BT 253.74 362.05 Td (to ) Tj ET Q q 0 0 0 rg BT 261.46 362.05 Td (a ) Tj ET Q q 0 0 0 rg BT 266.97 362.05 Td (total ) Tj ET Q q 0 0 0 rg BT 283.14 362.05 Td (distribution ) Tj ET Q q 0 0 0 rg BT 321.98 362.05 Td (of ) Tj ET Q q 0 0 0 rg BT 329.71 362.05 Td (120 ) Tj ET Q q 0 0 0 rg BT 347.21 362.05 Td (million. ) Tj ET Q q 0 0 0 rg BT 373.39 362.05 Td (The ) Tj ET Q q 0 0 0 rg BT 386.89 362.05 Td (distribution ) Tj ET Q q 0 0 0 rg BT 425.73 362.05 Td (was ) Tj ET Q q 0 0 0 rg BT 439.69 362.05 Td (made ) Tj ET Q q 0 0 0 rg BT 458.52 362.05 Td (fr) Tj ET Q q 0 0 0 rg BT 463.56 362.05 Td (om ) Tj ET Q q 0 0 0 rg BT 474.84 362.05 Td (the ) Tj ET Q q 0 0 0 rg BT 486.12 362.05 Td (shar) Tj ET Q q 0 0 0 rg BT 500.05 362.05 Td (e ) Tj ET Q q 0 0 0 rg BT 505.10 362.05 Td (pr) Tj ET Q q 0 0 0 rg BT 511.92 362.05 Td (emium ) Tj ET Q q 0 0 0 rg BT 534.75 362.05 Td (r) Tj ET Q q 0 0 0 rg BT 537.57 362.05 Td (eserve ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 352.45 Td (which ) Tj ET Q q 0 0 0 rg BT 88.61 352.45 Td (is ) Tj ET Q q 0 0 0 rg BT 95.95 352.45 Td (a ) Tj ET Q q 0 0 0 rg BT 101.95 352.45 Td (distributable ) Tj ET Q q 0 0 0 rg BT 144.84 352.45 Td (r) Tj ET Q q 0 0 0 rg BT 147.65 352.45 Td (eserve ) Tj ET Q q 0 0 0 rg BT 170.08 352.45 Td (under ) Tj ET Q q 0 0 0 rg BT 190.75 352.45 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 212.30 352.45 Td (law) Tj ET Q q 0 0 0 rg BT 223.26 352.45 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 316.45 Td (Consolidated Statement of Financial Position Data ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 251.95 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 251.95 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 251.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 251.95 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 223.95 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 223.95 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 223.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 223.95 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 195.95 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 195.95 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 195.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 195.95 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 167.95 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 167.95 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 167.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 167.95 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 279.95000000000005 m 453.5 279.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 279.95000000000005 m 557.5 279.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 279.95000000000005 m 453.5 279.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 265.95000000000005 m 453.5 265.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 279.95000000000005 m 557.5 279.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 265.95000000000005 m 557.5 265.95000000000005 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.70 284.40 Td (At September) Tj ET Q q 0 0 0 rg BT 422.85 284.40 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.95 284.40 Td (At December) Tj ET Q q 0 0 0 rg BT 525.59 284.40 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 270.40 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.00 270.40 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.60 256.41 Td (\( million\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 242.41 Td (Cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.50 242.41 Td (753) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 242.41 Td (648) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 228.41 Td (T) Tj ET Q q 0 0 0 rg BT 60.87 228.41 Td (otal assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 429.75 228.41 Td (4,615) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 228.41 Td (4,141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 214.41 Td (Debt) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 429.75 214.41 Td (1,887) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 214.41 Td (1,806) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 200.41 Td (T) Tj ET Q q 0 0 0 rg BT 60.87 200.41 Td (otal equity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 429.75 200.41 Td (1,231) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 200.41 Td (784) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 68.00 186.40 Td (Equity attributable to owners of the par) Tj ET Q q 0 0 0 rg BT 210.66 186.40 Td (ent) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.75 186.40 Td (1,226) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.50 186.40 Td (779) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 68.00 172.40 Td (Non-contr) Tj ET Q q 0 0 0 rg BT 104.66 172.40 Td (olling inter) Tj ET Q q 0 0 0 rg BT 144.58 172.40 Td (ests) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.50 172.40 Td (5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 549.50 172.40 Td (5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 158.41 Td (Share capital) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.50 158.41 Td (3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.50 158.41 Td (3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 144.41 Td (Common shares issued \(in thousands of shares\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 420.75 144.41 Td (188,646) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 144.41 Td (188,954) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 303.00 41.20 Td (4) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 731.25 Td (Other Statistical Information) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 707.25 Td (Shipments) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 645.75 141.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 645.75 180.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 645.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 645.75 180.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 617.75 141.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 617.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 617.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 617.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 617.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.00 617.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 617.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 617.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 617.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 617.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 617.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 617.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 617.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 617.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 617.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 617.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 589.75 141.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 589.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 589.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 589.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 589.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.00 589.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 589.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 589.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 589.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 589.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 589.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 589.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 589.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 589.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 589.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 589.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 561.75 141.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 561.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 561.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 561.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 561.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.00 561.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 561.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 561.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 561.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 561.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 561.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 561.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 561.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 561.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 561.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 561.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 533.75 141.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 533.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 533.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 533.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 533.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.00 533.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 533.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 533.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 533.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 533.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 533.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 533.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 533.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 533.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 533.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 533.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 505.75 141.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 505.75 42.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 505.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 505.75 42.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 505.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.00 505.75 42.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 505.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 505.75 42.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 505.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 505.75 42.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 505.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 505.75 42.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 505.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 505.75 42.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 505.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 505.75 42.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 471.75 141.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 194.00 471.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 471.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.00 471.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 471.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 471.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 471.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 471.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 471.75 42.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194 659.75 m 236 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236 659.75 m 240 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 659.75 m 282 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282 659.75 m 286 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 659.75 m 328 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328 659.75 m 332 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 659.75 m 374 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 659.75 m 420 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420 659.75 m 424 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 659.75 m 466 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 659.75 m 470 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 659.75 m 512 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 659.75 m 516 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 659.75 m 558 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194 659.75 m 236 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194 645.75 m 236 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 659.75 m 282 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 645.75 m 282 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 659.75 m 328 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 645.75 m 328 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 659.75 m 374 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 645.75 m 374 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 659.75 m 420 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 645.75 m 420 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420 659.75 m 424 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 659.75 m 466 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 645.75 m 466 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 659.75 m 470 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 659.75 m 512 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 645.75 m 512 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 659.75 m 516 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 659.75 m 558 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 645.75 m 558 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 533.75 m 282 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194 533.75 m 236 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194 519.75 m 236 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 533.75 m 282 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 519.75 m 282 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 533.75 m 328 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 519.75 m 328 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 533.75 m 374 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 519.75 m 374 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 533.75 m 420 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 519.75 m 420 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 533.75 m 466 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 519.75 m 466 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 533.75 m 512 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 519.75 m 512 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 533.75 m 558 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 519.75 m 558 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 519.75 m 282 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 471.75 m 282 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194 471.75 m 236 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194 458.75 m 236 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194 456.75 m 236 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 471.75 m 282 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 458.75 m 282 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 456.75 m 282 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 471.75 m 328 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 458.75 m 328 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 456.75 m 328 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 471.75 m 374 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 458.75 m 374 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 456.75 m 374 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 471.75 m 420 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 458.75 m 420 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 456.75 m 420 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 471.75 m 466 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 458.75 m 466 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 456.75 m 466 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 471.75 m 512 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 458.75 m 512 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 456.75 m 512 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 471.75 m 558 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 458.75 m 558 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 456.75 m 558 456.75 l s BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 664.21 Td (\(Number of cars and % of total cars\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 203.85 664.20 Td (For) Tj ET Q q 0 0 0 rg BT 217.76 664.20 Td ( the thr) Tj ET Q q 0 0 0 rg BT 246.09 664.20 Td (ee months ended September) Tj ET Q q 0 0 0 rg BT 353.67 664.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.50 664.20 Td (For) Tj ET Q q 0 0 0 rg BT 403.33 664.20 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 535.92 664.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 205.50 650.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 256.00 650.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 297.50 650.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 650.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.50 650.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 650.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.50 650.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.00 650.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.50 636.20 Td (EMEA) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 622.21 Td (UK) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.00 622.61 Td (178) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.25 622.61 Td (7.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 622.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.00 622.61 Td (158) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 622.61 Td (7.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 622.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.00 622.61 Td (714) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 622.61 Td (10.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 622.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.00 622.61 Td (666) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 532.75 622.61 Td (10.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 622.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 608.21 Td (Germany) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.00 608.61 Td (218) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.25 608.61 Td (9.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 608.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.00 608.61 Td (201) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 608.61 Td (9.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 608.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.00 608.61 Td (601) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 608.61 Td (8.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 608.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.00 608.61 Td (560) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.25 608.61 Td (8.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 608.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 594.21 Td (Italy) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.00 594.61 Td (1) Tj ET Q q 0 0 0 rg BT 223.50 594.61 Td (15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.25 594.61 Td (5.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 594.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.00 594.61 Td (105) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 594.61 Td (5.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 594.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.00 594.61 Td (374) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 594.61 Td (5.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 594.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.00 594.61 Td (343) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.25 594.61 Td (5.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 594.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 580.21 Td (France) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.00 580.61 Td (108) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.25 580.61 Td (4.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 580.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.50 580.61 Td (81) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 580.61 Td (4.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 580.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.00 580.61 Td (306) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 580.61 Td (4.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 580.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.00 580.61 Td (266) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.25 580.61 Td (4.2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 580.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 566.21 Td (Switzerland) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 566.61 Td (95) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.25 566.61 Td (4.2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 566.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.50 566.61 Td (95) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 566.61 Td (4.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 566.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.00 566.61 Td (295) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 566.61 Td (4.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 566.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.00 566.61 Td (281) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.25 566.61 Td (4.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 566.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 552.21 Td (Middle East) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 99.24 556.29 Td ( \(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 552.61 Td (90) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.25 552.61 Td (4.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 552.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.50 552.61 Td (78) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 552.61 Td (3.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 552.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.00 552.61 Td (203) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 552.61 Td (3.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 552.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.00 552.61 Td (233) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.25 552.61 Td (3.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 552.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 538.21 Td (Rest of EMEA) Tj ET Q q 0 0 0 rg BT 108.50 538.21 Td ( ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 110.75 542.29 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.00 538.61 Td (201) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.25 538.61 Td (8.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 538.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.00 538.61 Td (185) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 538.61 Td (9.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 538.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.00 538.61 Td (688) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 538.61 Td (10.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 538.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.00 538.61 Td (589) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.25 538.61 Td (9.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 538.61 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.50 524.20 Td (T) Tj ET Q q 0 0 0 rg BT 60.68 524.20 Td (otal EMEA) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.25 524.70 Td (1,005) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 256.75 524.70 Td (44.4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.50 524.70 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.00 524.70 Td (903) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.75 524.70 Td (44.1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.50 524.70 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.25 524.70 Td (3,181) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 524.70 Td (46.5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 524.70 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.25 524.70 Td (2,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.75 524.70 Td (46.0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 548.50 524.70 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 510.21 Td (Americas ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 92.23 514.29 Td (\(3\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.00 510.61 Td (770) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 256.75 510.61 Td (34.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 510.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.00 510.61 Td (736) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 348.75 510.61 Td (36.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 510.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 396.25 510.61 Td (2,189) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 510.61 Td (31.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 510.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.25 510.61 Td (2,078) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 532.75 510.61 Td (32.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 510.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 497.01 Td (China, Hong Kong and ) Tj ET Q q 0 0 0 rg BT 141.08 497.01 Td (T) Tj ET Q q 0 0 0 rg BT 145.95 497.01 Td (aiwan \(on a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 488.06 Td (combined basis\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.00 493.61 Td (162) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.25 493.61 Td (7.2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 493.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.00 493.61 Td (152) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 493.61 Td (7.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 493.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.00 493.61 Td (522) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 493.61 Td (7.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 493.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.00 493.61 Td (453) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.25 493.61 Td (7.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 493.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 476.21 Td (Rest of ) Tj ET Q q 0 0 0 rg BT 83.00 476.21 Td (AP) Tj ET Q q 0 0 0 rg BT 93.68 476.21 Td (AC ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 108.43 480.29 Td (\(4\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.00 476.61 Td (325) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 256.75 476.61 Td (14.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.00 476.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.00 476.61 Td (255) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 348.75 476.61 Td (12.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 476.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.00 476.61 Td (961) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 476.61 Td (14.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 476.61 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.00 476.61 Td (912) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 532.75 476.61 Td (14.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 476.61 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.50 462.20 Td (T) Tj ET Q q 0 0 0 rg BT 60.68 462.20 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.25 462.70 Td (2,262) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 252.25 462.70 Td (100.0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.50 462.70 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.25 462.70 Td (2,046) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.25 462.70 Td (100.0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.50 462.70 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.25 462.70 Td (6,853) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.25 462.70 Td (100.0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 462.70 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.25 462.70 Td (6,381) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 462.70 Td (100.0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 548.50 462.70 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 446.25 Td (_____________________________) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 436.65 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 67.50 436.65 Td (Middle East mainly includes the United ) Tj ET Q q 0 0 0 rg BT 196.22 436.65 Td (Arab Emirates, Saudi ) Tj ET Q q 0 0 0 rg BT 267.18 436.65 Td (Arabia, Bahrain, Lebanon, Qatar) Tj ET Q q 0 0 0 rg BT 373.86 436.65 Td (, Oman and Kuwait.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 427.05 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 67.50 427.05 Td (Rest of EMEA) Tj ET Q q 0 0 0 rg BT 112.68 427.05 Td ( includes ) Tj ET Q q 0 0 0 rg BT 143.19 427.05 Td (Africa and the other Eur) Tj ET Q q 0 0 0 rg BT 221.55 427.05 Td (opean markets not separately identified.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 417.45 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 67.50 417.45 Td (Americas includes the United States of ) Tj ET Q q 0 0 0 rg BT 193.11 417.45 Td (America, Canada, Mexico, the Caribbean and Central and South ) Tj ET Q q 0 0 0 rg BT 403.61 417.45 Td (America.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 407.85 Td (\(4\) ) Tj ET Q q 0 0 0 rg BT 67.50 407.85 Td (Rest of ) Tj ET Q q 0 0 0 rg BT 91.35 407.85 Td (AP) Tj ET Q q 0 0 0 rg BT 100.09 407.85 Td (AC mainly includes Japan, ) Tj ET Q q 0 0 0 rg BT 188.16 407.85 Td (Australia, Singapor) Tj ET Q q 0 0 0 rg BT 250.98 407.85 Td (e, Indonesia, South Kor) Tj ET Q q 0 0 0 rg BT 326.45 407.85 Td (ea, Thailand and Malaysia.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 376.65 Td (A) Tj ET Q q 0 0 0 rg BT 59.56 376.65 Td (verage number of employees for the period) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 316.15 212.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 316.15 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 316.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 316.15 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 316.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 316.15 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 316.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 316.15 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 330.15 m 335.5 330.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 330.15 m 339.5 330.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 330.15 m 409.5 330.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 330.15 m 483.5 330.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 330.15 m 487.5 330.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 330.15 m 557.5 330.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 330.15 m 335.5 330.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 316.15 m 335.5 316.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 330.15 m 409.5 330.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 316.15 m 409.5 316.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 316.15 m 483.5 316.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 316.15 m 557.5 316.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 316.15 m 335.5 316.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 316.15 m 483.5 316.15 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.90 343.60 Td (For) Tj ET Q q 0 0 0 rg BT 299.81 343.60 Td ( the thr) Tj ET Q q 0 0 0 rg BT 328.14 343.60 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.55 334.60 Td (September) Tj ET Q q 0 0 0 rg BT 352.96 334.60 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.55 343.60 Td (For) Tj ET Q q 0 0 0 rg BT 449.38 343.60 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.55 334.60 Td (September) Tj ET Q q 0 0 0 rg BT 500.88 334.60 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 291.00 320.60 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.00 320.60 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.00 320.60 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 320.60 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 306.61 Td (A) Tj ET Q q 0 0 0 rg BT 61.83 306.61 Td (verage number of employees for the period) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.85 306.61 Td (3,735) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.85 306.61 Td (3,375) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.85 306.61 Td (3,587) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 511.85 306.61 Td (3,339) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 303.00 41.20 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 731.25 Td (Forward-Looking Statements) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 707.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 707.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 136.91 707.25 Td (contained ) Tj ET Q q 0 0 0 rg BT 179.93 707.25 Td (in ) Tj ET Q q 0 0 0 rg BT 191.29 707.25 Td (this ) Tj ET Q q 0 0 0 rg BT 209.32 707.25 Td (r) Tj ET Q q 0 0 0 rg BT 212.84 707.25 Td (eport, ) Tj ET Q q 0 0 0 rg BT 240.03 707.25 Td (particularly ) Tj ET Q q 0 0 0 rg BT 291.39 707.25 Td (those ) Tj ET Q q 0 0 0 rg BT 316.08 707.25 Td (r) Tj ET Q q 0 0 0 rg BT 319.60 707.25 Td (egar) Tj ET Q q 0 0 0 rg BT 337.56 707.25 Td (ding ) Tj ET Q q 0 0 0 rg BT 358.93 707.25 Td (our ) Tj ET Q q 0 0 0 rg BT 376.40 707.25 Td (possible ) Tj ET Q q 0 0 0 rg BT 412.76 707.25 Td (or ) Tj ET Q q 0 0 0 rg BT 425.24 707.25 Td (assumed ) Tj ET Q q 0 0 0 rg BT 463.27 707.25 Td (futur) Tj ET Q q 0 0 0 rg BT 482.34 707.25 Td (e ) Tj ET Q q 0 0 0 rg BT 490.37 707.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 545.05 707.25 Td (ar) Tj ET Q q 0 0 0 rg BT 553.57 707.25 Td (e ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 695.25 Td (forwar) Tj ET Q q 0 0 0 rg BT 86.42 695.25 Td (d-looking ) Tj ET Q q 0 0 0 rg BT 128.01 695.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 179.05 695.25 Td (that ) Tj ET Q q 0 0 0 rg BT 197.86 695.25 Td (contain ) Tj ET Q q 0 0 0 rg BT 231.12 695.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 253.27 695.25 Td (and ) Tj ET Q q 0 0 0 rg BT 271.53 695.25 Td (uncertainties. ) Tj ET Q q 0 0 0 rg BT 329.51 695.25 Td (In ) Tj ET Q q 0 0 0 rg BT 341.10 695.25 Td (some ) Tj ET Q q 0 0 0 rg BT 364.91 695.25 Td (cases, ) Tj ET Q q 0 0 0 rg BT 392.33 695.25 Td (wor) Tj ET Q q 0 0 0 rg BT 407.52 695.25 Td (ds ) Tj ET Q q 0 0 0 rg BT 419.67 695.25 Td (such ) Tj ET Q q 0 0 0 rg BT 441.26 695.25 Td (as ) Tj ET Q q 0 0 0 rg BT 453.42 695.25 Td (may, ) Tj ET Q q 0 0 0 rg BT 486.96 695.25 Td (will, ) Tj ET Q q 0 0 0 rg BT 518.85 695.25 Td (expect, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 683.25 Td (could, ) Tj ET Q q 0 0 0 rg BT 92.11 683.25 Td (should, ) Tj ET Q q 0 0 0 rg BT 134.67 683.25 Td (intend, ) Tj ET Q q 0 0 0 rg BT 175.56 683.25 Td (estimate, ) Tj ET Q q 0 0 0 rg BT 224.78 683.25 Td (anticipate, ) Tj ET Q q 0 0 0 rg BT 280.66 683.25 Td (believe, ) Tj ET Q q 0 0 0 rg BT 324.86 683.25 Td (r) Tj ET Q q 0 0 0 rg BT 333.95 683.25 Td (emain, ) Tj ET Q q 0 0 0 rg BT 368.71 683.25 Td (continue, ) Tj ET Q q 0 0 0 rg BT 419.04 683.25 Td (on ) Tj ET Q q 0 0 0 rg BT 436.87 683.25 Td (track, ) Tj ET Q q 0 0 0 rg BT 467.75 683.25 Td (successful, ) Tj ET Q q 0 0 0 rg BT 524.19 683.25 Td (gr) Tj ET Q q 0 0 0 rg BT 538.27 683.25 Td (ow, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 671.25 Td (design, ) Tj ET Q q 0 0 0 rg BT 96.10 671.25 Td (tar) Tj ET Q q 0 0 0 rg BT 112.96 671.25 Td (get, ) Tj ET Q q 0 0 0 rg BT 135.62 671.25 Td (objective, ) Tj ET Q q 0 0 0 rg BT 187.70 671.25 Td (goal, ) Tj ET Q q 0 0 0 rg BT 221.48 671.25 Td (for) Tj ET Q q 0 0 0 rg BT 238.34 671.25 Td (ecast, ) Tj ET Q q 0 0 0 rg BT 269.32 671.25 Td (pr) Tj ET Q q 0 0 0 rg BT 283.40 671.25 Td (ojection, ) Tj ET Q q 0 0 0 rg BT 326.05 671.25 Td (outlook, ) Tj ET Q q 0 0 0 rg BT 372.04 671.25 Td (pr) Tj ET Q q 0 0 0 rg BT 386.12 671.25 Td (ospects, ) Tj ET Q q 0 0 0 rg BT 425.99 671.25 Td (plan, ) Tj ET Q q 0 0 0 rg BT 459.77 671.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 509.92 671.25 Td ( ) Tj ET Q q 0 0 0 rg BT 512.29 671.25 Td (and ) Tj ET Q q 0 0 0 rg BT 529.66 671.25 Td (similar ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 659.25 Td (expr) Tj ET Q q 0 0 0 rg BT 71.40 659.25 Td (essions ) Tj ET Q q 0 0 0 rg BT 103.47 659.25 Td (ar) Tj ET Q q 0 0 0 rg BT 111.99 659.25 Td (e ) Tj ET Q q 0 0 0 rg BT 119.62 659.25 Td (used ) Tj ET Q q 0 0 0 rg BT 141.13 659.25 Td (to ) Tj ET Q q 0 0 0 rg BT 152.10 659.25 Td (identify ) Tj ET Q q 0 0 0 rg BT 185.27 659.25 Td (forwar) Tj ET Q q 0 0 0 rg BT 212.13 659.25 Td (d-looking ) Tj ET Q q 0 0 0 rg BT 253.64 659.25 Td (statements. ) Tj ET Q q 0 0 0 rg BT 301.54 659.25 Td (These ) Tj ET Q q 0 0 0 rg BT 328.06 659.25 Td (forwar) Tj ET Q q 0 0 0 rg BT 354.92 659.25 Td (d-looking ) Tj ET Q q 0 0 0 rg BT 396.43 659.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 441.83 659.25 Td (r) Tj ET Q q 0 0 0 rg BT 445.35 659.25 Td (eflect ) Tj ET Q q 0 0 0 rg BT 470.19 659.25 Td (the ) Tj ET Q q 0 0 0 rg BT 485.59 659.25 Td (r) Tj ET Q q 0 0 0 rg BT 489.11 659.25 Td (espective ) Tj ET Q q 0 0 0 rg BT 528.94 659.25 Td (curr) Tj ET Q q 0 0 0 rg BT 545.79 659.25 Td (ent ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 647.25 Td (views ) Tj ET Q q 0 0 0 rg BT 78.86 647.25 Td (of ) Tj ET Q q 0 0 0 rg BT 89.28 647.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 121.92 647.25 Td (with ) Tj ET Q q 0 0 0 rg BT 141.79 647.25 Td (r) Tj ET Q q 0 0 0 rg BT 145.31 647.25 Td (espect ) Tj ET Q q 0 0 0 rg BT 172.94 647.25 Td (to ) Tj ET Q q 0 0 0 rg BT 183.36 647.25 Td (futur) Tj ET Q q 0 0 0 rg BT 202.43 647.25 Td (e ) Tj ET Q q 0 0 0 rg BT 209.51 647.25 Td (events ) Tj ET Q q 0 0 0 rg BT 237.14 647.25 Td (and ) Tj ET Q q 0 0 0 rg BT 254.78 647.25 Td (involve ) Tj ET Q q 0 0 0 rg BT 286.29 647.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 331.16 647.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 352.69 647.25 Td (and ) Tj ET Q q 0 0 0 rg BT 370.33 647.25 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 425.19 647.25 Td (that ) Tj ET Q q 0 0 0 rg BT 443.38 647.25 Td (could ) Tj ET Q q 0 0 0 rg BT 468.24 647.25 Td (cause ) Tj ET Q q 0 0 0 rg BT 493.65 647.25 Td (actual ) Tj ET Q q 0 0 0 rg BT 521.29 647.25 Td (r) Tj ET Q q 0 0 0 rg BT 524.81 647.25 Td (esults ) Tj ET Q q 0 0 0 rg BT 550.23 647.25 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 635.25 Td (differ ) Tj ET Q q 0 0 0 rg BT 78.17 635.25 Td (materially ) Tj ET Q q 0 0 0 rg BT 121.77 635.25 Td (fr) Tj ET Q q 0 0 0 rg BT 128.07 635.25 Td (om ) Tj ET Q q 0 0 0 rg BT 142.79 635.25 Td (those ) Tj ET Q q 0 0 0 rg BT 166.40 635.25 Td (indicated ) Tj ET Q q 0 0 0 rg BT 206.11 635.25 Td (in ) Tj ET Q q 0 0 0 rg BT 216.39 635.25 Td (the ) Tj ET Q q 0 0 0 rg BT 231.10 635.25 Td (forwar) Tj ET Q q 0 0 0 rg BT 257.96 635.25 Td (d-looking ) Tj ET Q q 0 0 0 rg BT 298.79 635.25 Td (statements. ) Tj ET Q q 0 0 0 rg BT 346.01 635.25 Td (These ) Tj ET Q q 0 0 0 rg BT 371.84 635.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 402.12 635.25 Td (include, ) Tj ET Q q 0 0 0 rg BT 436.55 635.25 Td (without ) Tj ET Q q 0 0 0 rg BT 469.05 635.25 Td (limitation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 617.85 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 117.00 617.85 Td (our ability to pr) Tj ET Q q 0 0 0 rg BT 180.24 617.85 Td (eserve and enhance the value of the Ferrari brand; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 600.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 600.45 Td (the success of our Formula 1 racing team and the expenses we incur for our Formula 1 activities; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 583.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 583.45 Td (our ) Tj ET Q q 0 0 0 rg BT 132.04 583.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 159.75 583.45 Td (to ) Tj ET Q q 0 0 0 rg BT 169.68 583.45 Td (keep ) Tj ET Q q 0 0 0 rg BT 190.15 583.45 Td (up ) Tj ET Q q 0 0 0 rg BT 202.30 583.45 Td (with ) Tj ET Q q 0 0 0 rg BT 221.68 583.45 Td (advances ) Tj ET Q q 0 0 0 rg BT 261.04 583.45 Td (in ) Tj ET Q q 0 0 0 rg BT 270.97 583.45 Td (high ) Tj ET Q q 0 0 0 rg BT 290.90 583.45 Td (performance ) Tj ET Q q 0 0 0 rg BT 344.15 583.45 Td (car ) Tj ET Q q 0 0 0 rg BT 359.63 583.45 Td (technology ) Tj ET Q q 0 0 0 rg BT 405.66 583.45 Td (and ) Tj ET Q q 0 0 0 rg BT 422.81 583.45 Td (to ) Tj ET Q q 0 0 0 rg BT 432.74 583.45 Td (make ) Tj ET Q q 0 0 0 rg BT 455.99 583.45 Td (appealing ) Tj ET Q q 0 0 0 rg BT 498.14 583.45 Td (designs ) Tj ET Q q 0 0 0 rg BT 530.29 583.45 Td (for ) Tj ET Q q 0 0 0 rg BT 544.11 583.45 Td (our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 571.45 Td (new ) Tj ET Q q 0 0 0 rg BT 134.61 571.45 Td (models;) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 98.00 554.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 554.45 Td (the ) Tj ET Q q 0 0 0 rg BT 130.72 554.45 Td (challenges ) Tj ET Q q 0 0 0 rg BT 175.98 554.45 Td (and ) Tj ET Q q 0 0 0 rg BT 193.48 554.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 215.98 554.45 Td (of ) Tj ET Q q 0 0 0 rg BT 226.26 554.45 Td (integrating ) Tj ET Q q 0 0 0 rg BT 273.20 554.45 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 301.81 554.45 Td (technology ) Tj ET Q q 0 0 0 rg BT 348.18 554.45 Td (mor) Tj ET Q q 0 0 0 rg BT 363.92 554.45 Td (e ) Tj ET Q q 0 0 0 rg BT 370.86 554.45 Td (br) Tj ET Q q 0 0 0 rg BT 379.38 554.45 Td (oadly ) Tj ET Q q 0 0 0 rg BT 404.10 554.45 Td (into ) Tj ET Q q 0 0 0 rg BT 422.16 554.45 Td (our ) Tj ET Q q 0 0 0 rg BT 438.55 554.45 Td (car ) Tj ET Q q 0 0 0 rg BT 454.38 554.45 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 491.88 554.45 Td (over ) Tj ET Q q 0 0 0 rg BT 512.15 554.45 Td (time;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 532.05 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 532.05 Td (our ability to pr) Tj ET Q q 0 0 0 rg BT 179.24 532.05 Td (eserve our r) Tj ET Q q 0 0 0 rg BT 227.19 532.05 Td (elationship with the automobile collector and enthusiast community; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 514.65 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 514.65 Td (our low volume strategy; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 497.25 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 497.25 Td (the ability of Maserati, our engine customer) Tj ET Q q 0 0 0 rg BT 291.25 497.25 Td (, to sell its planned volume of cars; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 479.85 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 479.85 Td (changes in client pr) Tj ET Q q 0 0 0 rg BT 194.78 479.85 Td (efer) Tj ET Q q 0 0 0 rg BT 209.96 479.85 Td (ences and automotive tr) Tj ET Q q 0 0 0 rg BT 305.39 479.85 Td (ends; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 462.85 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 462.85 Td (changes ) Tj ET Q q 0 0 0 rg BT 151.39 462.85 Td (in ) Tj ET Q q 0 0 0 rg BT 161.79 462.85 Td (the ) Tj ET Q q 0 0 0 rg BT 176.62 462.85 Td (general ) Tj ET Q q 0 0 0 rg BT 209.79 462.85 Td (economic ) Tj ET Q q 0 0 0 rg BT 250.72 462.85 Td (envir) Tj ET Q q 0 0 0 rg BT 270.90 462.85 Td (onment, ) Tj ET Q q 0 0 0 rg BT 305.46 462.85 Td (including ) Tj ET Q q 0 0 0 rg BT 345.85 462.85 Td (changes ) Tj ET Q q 0 0 0 rg BT 381.24 462.85 Td (in ) Tj ET Q q 0 0 0 rg BT 391.64 462.85 Td (some ) Tj ET Q q 0 0 0 rg BT 414.81 462.85 Td (of ) Tj ET Q q 0 0 0 rg BT 425.21 462.85 Td (the ) Tj ET Q q 0 0 0 rg BT 440.04 462.85 Td (markets ) Tj ET Q q 0 0 0 rg BT 474.32 462.85 Td (in ) Tj ET Q q 0 0 0 rg BT 484.72 462.85 Td (which ) Tj ET Q q 0 0 0 rg BT 511.23 462.85 Td (we ) Tj ET Q q 0 0 0 rg BT 524.96 462.85 Td (operate, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 450.85 Td (and ) Tj ET Q q 0 0 0 rg BT 133.50 450.85 Td (changes ) Tj ET Q q 0 0 0 rg BT 168.77 450.85 Td (in ) Tj ET Q q 0 0 0 rg BT 179.05 450.85 Td (demand ) Tj ET Q q 0 0 0 rg BT 213.21 450.85 Td (for ) Tj ET Q q 0 0 0 rg BT 227.38 450.85 Td (luxury ) Tj ET Q q 0 0 0 rg BT 255.42 450.85 Td (goods, ) Tj ET Q q 0 0 0 rg BT 284.32 450.85 Td (including ) Tj ET Q q 0 0 0 rg BT 324.59 450.85 Td (high ) Tj ET Q q 0 0 0 rg BT 344.87 450.85 Td (performance ) Tj ET Q q 0 0 0 rg BT 398.47 450.85 Td (luxury ) Tj ET Q q 0 0 0 rg BT 426.51 450.85 Td (cars, ) Tj ET Q q 0 0 0 rg BT 448.73 450.85 Td (which ) Tj ET Q q 0 0 0 rg BT 475.12 450.85 Td (is ) Tj ET Q q 0 0 0 rg BT 484.29 450.85 Td (highly ) Tj ET Q q 0 0 0 rg BT 511.79 450.85 Td (volatile; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 433.85 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 433.85 Td (the ) Tj ET Q q 0 0 0 rg BT 129.57 433.85 Td (impact ) Tj ET Q q 0 0 0 rg BT 158.14 433.85 Td (of ) Tj ET Q q 0 0 0 rg BT 167.27 433.85 Td (incr) Tj ET Q q 0 0 0 rg BT 183.01 433.85 Td (easingly ) Tj ET Q q 0 0 0 rg BT 217.69 433.85 Td (stringent ) Tj ET Q q 0 0 0 rg BT 254.60 433.85 Td (fuel ) Tj ET Q q 0 0 0 rg BT 270.95 433.85 Td (economy) Tj ET Q q 0 0 0 rg BT 305.94 433.85 Td (, ) Tj ET Q q 0 0 0 rg BT 309.79 433.85 Td (emission ) Tj ET Q q 0 0 0 rg BT 346.14 433.85 Td (and ) Tj ET Q q 0 0 0 rg BT 362.50 433.85 Td (safety ) Tj ET Q q 0 0 0 rg BT 387.18 433.85 Td (standar) Tj ET Q q 0 0 0 rg BT 417.37 433.85 Td (ds, ) Tj ET Q q 0 0 0 rg BT 430.11 433.85 Td (including ) Tj ET Q q 0 0 0 rg BT 469.24 433.85 Td (the ) Tj ET Q q 0 0 0 rg BT 482.81 433.85 Td (cost ) Tj ET Q q 0 0 0 rg BT 500.27 433.85 Td (of ) Tj ET Q q 0 0 0 rg BT 509.41 433.85 Td (compliance, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 421.85 Td (and ) Tj ET Q q 0 0 0 rg BT 133.50 421.85 Td (any ) Tj ET Q q 0 0 0 rg BT 150.44 421.85 Td (r) Tj ET Q q 0 0 0 rg BT 153.96 421.85 Td (equir) Tj ET Q q 0 0 0 rg BT 174.70 421.85 Td (ed ) Tj ET Q q 0 0 0 rg BT 186.63 421.85 Td (changes ) Tj ET Q q 0 0 0 rg BT 221.90 421.85 Td (to ) Tj ET Q q 0 0 0 rg BT 232.18 421.85 Td (our ) Tj ET Q q 0 0 0 rg BT 248.57 421.85 Td (pr) Tj ET Q q 0 0 0 rg BT 257.09 421.85 Td (oducts; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 404.85 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 404.85 Td (our ) Tj ET Q q 0 0 0 rg BT 132.66 404.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 160.98 404.85 Td (to ) Tj ET Q q 0 0 0 rg BT 171.52 404.85 Td (successfully ) Tj ET Q q 0 0 0 rg BT 222.06 404.85 Td (carry ) Tj ET Q q 0 0 0 rg BT 246.48 404.85 Td (out ) Tj ET Q q 0 0 0 rg BT 262.03 404.85 Td (our ) Tj ET Q q 0 0 0 rg BT 278.69 404.85 Td (gr) Tj ET Q q 0 0 0 rg BT 287.21 404.85 Td (owth ) Tj ET Q q 0 0 0 rg BT 309.42 404.85 Td (strategy ) Tj ET Q q 0 0 0 rg BT 344.41 404.85 Td (and, ) Tj ET Q q 0 0 0 rg BT 364.68 404.85 Td (particularly) Tj ET Q q 0 0 0 rg BT 411.90 404.85 Td (, ) Tj ET Q q 0 0 0 rg BT 417.17 404.85 Td (our ) Tj ET Q q 0 0 0 rg BT 433.83 404.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 462.14 404.85 Td (to ) Tj ET Q q 0 0 0 rg BT 472.69 404.85 Td (gr) Tj ET Q q 0 0 0 rg BT 481.21 404.85 Td (ow ) Tj ET Q q 0 0 0 rg BT 495.65 404.85 Td (our ) Tj ET Q q 0 0 0 rg BT 512.31 404.85 Td (pr) Tj ET Q q 0 0 0 rg BT 520.83 404.85 Td (esence ) Tj ET Q q 0 0 0 rg BT 550.24 404.85 Td (in ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 392.85 Td (emer) Tj ET Q q 0 0 0 rg BT 135.62 392.85 Td (ging ) Tj ET Q q 0 0 0 rg BT 155.90 392.85 Td (market ) Tj ET Q q 0 0 0 rg BT 186.17 392.85 Td (countries; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 375.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 375.45 Td (our ability to achieve our key financial tar) Tj ET Q q 0 0 0 rg BT 285.31 375.45 Td (gets and our financial policy; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 358.05 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 358.05 Td (our ability to service and r) Tj ET Q q 0 0 0 rg BT 222.56 358.05 Td (efinance our debt;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 340.65 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 340.65 Td (competition in the luxury performance automobile industry; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 323.65 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 323.65 Td (r) Tj ET Q q 0 0 0 rg BT 119.52 323.65 Td (eliance ) Tj ET Q q 0 0 0 rg BT 150.64 323.65 Td (upon ) Tj ET Q q 0 0 0 rg BT 172.88 323.65 Td (a ) Tj ET Q q 0 0 0 rg BT 180.12 323.65 Td (number ) Tj ET Q q 0 0 0 rg BT 212.92 323.65 Td (of ) Tj ET Q q 0 0 0 rg BT 222.94 323.65 Td (key ) Tj ET Q q 0 0 0 rg BT 238.50 323.65 Td (members ) Tj ET Q q 0 0 0 rg BT 276.85 323.65 Td (of ) Tj ET Q q 0 0 0 rg BT 286.87 323.65 Td (executive ) Tj ET Q q 0 0 0 rg BT 326.30 323.65 Td (management ) Tj ET Q q 0 0 0 rg BT 379.64 323.65 Td (and ) Tj ET Q q 0 0 0 rg BT 396.89 323.65 Td (employees, ) Tj ET Q q 0 0 0 rg BT 443.28 323.65 Td (and ) Tj ET Q q 0 0 0 rg BT 460.52 323.65 Td (the ) Tj ET Q q 0 0 0 rg BT 474.98 323.65 Td (ability ) Tj ET Q q 0 0 0 rg BT 502.77 323.65 Td (of ) Tj ET Q q 0 0 0 rg BT 512.80 323.65 Td (our ) Tj ET Q q 0 0 0 rg BT 528.93 323.65 Td (curr) Tj ET Q q 0 0 0 rg BT 545.78 323.65 Td (ent ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 311.65 Td (management ) Tj ET Q q 0 0 0 rg BT 169.60 311.65 Td (team ) Tj ET Q q 0 0 0 rg BT 191.54 311.65 Td (to ) Tj ET Q q 0 0 0 rg BT 201.82 311.65 Td (operate ) Tj ET Q q 0 0 0 rg BT 234.86 311.65 Td (and ) Tj ET Q q 0 0 0 rg BT 252.36 311.65 Td (manage ) Tj ET Q q 0 0 0 rg BT 286.52 311.65 Td (effectively; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 294.25 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 294.25 Td (the performance of our dealer network on which we depend for sales and services; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 276.85 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 276.85 Td (incr) Tj ET Q q 0 0 0 rg BT 131.74 276.85 Td (eases in costs, disruptions of supply or shortages of components and raw materials; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 259.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 259.45 Td (disruptions at our manufacturing facilities in Maranello and Modena;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 244.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 244.45 Td (our ) Tj ET Q q 0 0 0 rg BT 132.70 244.45 Td (ability ) Tj ET Q q 0 0 0 rg BT 161.06 244.45 Td (to ) Tj ET Q q 0 0 0 rg BT 171.64 244.45 Td (pr) Tj ET Q q 0 0 0 rg BT 180.16 244.45 Td (ovide ) Tj ET Q q 0 0 0 rg BT 204.62 244.45 Td (or ) Tj ET Q q 0 0 0 rg BT 216.32 244.45 Td (arrange ) Tj ET Q q 0 0 0 rg BT 251.35 244.45 Td (for ) Tj ET Q q 0 0 0 rg BT 265.83 244.45 Td (adequate ) Tj ET Q q 0 0 0 rg BT 305.29 244.45 Td (access ) Tj ET Q q 0 0 0 rg BT 334.19 244.45 Td (to ) Tj ET Q q 0 0 0 rg BT 344.78 244.45 Td (financing ) Tj ET Q q 0 0 0 rg BT 385.36 244.45 Td (for ) Tj ET Q q 0 0 0 rg BT 399.84 244.45 Td (our ) Tj ET Q q 0 0 0 rg BT 416.53 244.45 Td (dealers ) Tj ET Q q 0 0 0 rg BT 448.78 244.45 Td (and ) Tj ET Q q 0 0 0 rg BT 466.59 244.45 Td (clients, ) Tj ET Q q 0 0 0 rg BT 498.00 244.45 Td (and ) Tj ET Q q 0 0 0 rg BT 515.80 244.45 Td (associated ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 232.45 Td (risks; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 215.05 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 215.05 Td (the performance of our licensees for Ferrari-branded pr) Tj ET Q q 0 0 0 rg BT 341.43 215.05 Td (oducts; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 198.05 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 198.05 Td (our ) Tj ET Q q 0 0 0 rg BT 132.45 198.05 Td (ability ) Tj ET Q q 0 0 0 rg BT 160.56 198.05 Td (to ) Tj ET Q q 0 0 0 rg BT 170.90 198.05 Td (pr) Tj ET Q q 0 0 0 rg BT 179.42 198.05 Td (otect ) Tj ET Q q 0 0 0 rg BT 201.41 198.05 Td (our ) Tj ET Q q 0 0 0 rg BT 217.86 198.05 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 265.40 198.05 Td (pr) Tj ET Q q 0 0 0 rg BT 273.92 198.05 Td (operty ) Tj ET Q q 0 0 0 rg BT 302.03 198.05 Td (rights ) Tj ET Q q 0 0 0 rg BT 327.93 198.05 Td (and ) Tj ET Q q 0 0 0 rg BT 345.49 198.05 Td (to ) Tj ET Q q 0 0 0 rg BT 355.82 198.05 Td (avoid ) Tj ET Q q 0 0 0 rg BT 380.60 198.05 Td (infringing ) Tj ET Q q 0 0 0 rg BT 423.16 198.05 Td (on ) Tj ET Q q 0 0 0 rg BT 435.72 198.05 Td (the ) Tj ET Q q 0 0 0 rg BT 450.50 198.05 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 498.04 198.05 Td (pr) Tj ET Q q 0 0 0 rg BT 506.56 198.05 Td (operty ) Tj ET Q q 0 0 0 rg BT 534.67 198.05 Td (rights ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 186.05 Td (of ) Tj ET Q q 0 0 0 rg BT 126.28 186.05 Td (others; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 168.65 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 168.65 Td (pr) Tj ET Q q 0 0 0 rg BT 124.52 168.65 Td (oduct r) Tj ET Q q 0 0 0 rg BT 152.76 168.65 Td (ecalls, liability claims and pr) Tj ET Q q 0 0 0 rg BT 269.32 168.65 Td (oduct warranties; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 151.25 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 151.25 Td (our continued compliance with customs r) Tj ET Q q 0 0 0 rg BT 280.89 151.25 Td (egulations of various jurisdictions; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 133.85 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 133.85 Td (labor r) Tj ET Q q 0 0 0 rg BT 143.69 133.85 Td (elations and collective bar) Tj ET Q q 0 0 0 rg BT 249.68 133.85 Td (gaining agr) Tj ET Q q 0 0 0 rg BT 296.26 133.85 Td (eements; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 116.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 116.45 Td (exchange rate fluctuations, inter) Tj ET Q q 0 0 0 rg BT 245.60 116.45 Td (est rate changes, cr) Tj ET Q q 0 0 0 rg BT 323.54 116.45 Td (edit risk and other market risks; ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 98.00 99.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 99.45 Td (changes in tax, tariff or fiscal policies and r) Tj ET Q q 0 0 0 rg BT 291.45 99.45 Td (egulatory) Tj ET Q q 0 0 0 rg BT 329.22 99.45 Td (, political and labor conditions in the jurisdictions in ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 87.45 Td (which we operate, including possible futur) Tj ET Q q 0 0 0 rg BT 286.17 87.45 Td (e bans of combustion engine cars in cities and the potential advent ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 75.45 Td (of self-driving technologies; ) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 303.00 41.20 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 731.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 731.10 Td (our ability to ensur) Tj ET Q q 0 0 0 rg BT 192.57 731.10 Td (e that our employees, agents and r) Tj ET Q q 0 0 0 rg BT 330.23 731.10 Td (epr) Tj ET Q q 0 0 0 rg BT 343.19 731.10 Td (esentatives comply with applicable law and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 719.10 Td (r) Tj ET Q q 0 0 0 rg BT 119.52 719.10 Td (egulations; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 701.70 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 701.70 Td (the adequacy of our insurance coverage to pr) Tj ET Q q 0 0 0 rg BT 298.08 701.70 Td (otect us against potential losses; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 684.30 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 684.30 Td (potential conflicts of inter) Tj ET Q q 0 0 0 rg BT 219.23 684.30 Td (est due to dir) Tj ET Q q 0 0 0 rg BT 271.35 684.30 Td (ector and officer overlaps with our lar) Tj ET Q q 0 0 0 rg BT 424.86 684.30 Td (gest shar) Tj ET Q q 0 0 0 rg BT 460.88 684.30 Td (eholders; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 669.30 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 669.30 Td (our ability to maintain the functional and efficient operation of our information technology systems, including ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 657.30 Td (our ability to defend fr) Tj ET Q q 0 0 0 rg BT 206.18 657.30 Td (om the risk of cyberattacks on our in-vehicle technology; and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 639.90 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.00 639.90 Td (other factors discussed elsewher) Tj ET Q q 0 0 0 rg BT 245.89 639.90 Td (e in this document. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 610.50 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 610.50 Td (W) Tj ET Q q 0 0 0 rg BT 97.41 610.50 Td (e ) Tj ET Q q 0 0 0 rg BT 103.56 610.50 Td (expr) Tj ET Q q 0 0 0 rg BT 120.96 610.50 Td (essly ) Tj ET Q q 0 0 0 rg BT 142.11 610.50 Td (disclaim ) Tj ET Q q 0 0 0 rg BT 177.71 610.50 Td (and ) Tj ET Q q 0 0 0 rg BT 194.43 610.50 Td (do ) Tj ET Q q 0 0 0 rg BT 206.14 610.50 Td (not ) Tj ET Q q 0 0 0 rg BT 220.63 610.50 Td (assume ) Tj ET Q q 0 0 0 rg BT 251.79 610.50 Td (any ) Tj ET Q q 0 0 0 rg BT 267.94 610.50 Td (liability ) Tj ET Q q 0 0 0 rg BT 300.77 610.50 Td (in ) Tj ET Q q 0 0 0 rg BT 310.26 610.50 Td (connection ) Tj ET Q q 0 0 0 rg BT 355.84 610.50 Td (with ) Tj ET Q q 0 0 0 rg BT 374.79 610.50 Td (any ) Tj ET Q q 0 0 0 rg BT 390.94 610.50 Td (inaccuracies ) Tj ET Q q 0 0 0 rg BT 443.75 610.50 Td (in ) Tj ET Q q 0 0 0 rg BT 453.24 610.50 Td (any ) Tj ET Q q 0 0 0 rg BT 469.39 610.50 Td (of ) Tj ET Q q 0 0 0 rg BT 478.88 610.50 Td (the ) Tj ET Q q 0 0 0 rg BT 492.81 610.50 Td (forwar) Tj ET Q q 0 0 0 rg BT 519.67 610.50 Td (d-looking ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 598.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 98.47 598.50 Td (in ) Tj ET Q q 0 0 0 rg BT 108.50 598.50 Td (this ) Tj ET Q q 0 0 0 rg BT 125.21 598.50 Td (document ) Tj ET Q q 0 0 0 rg BT 166.34 598.50 Td (or ) Tj ET Q q 0 0 0 rg BT 177.49 598.50 Td (in ) Tj ET Q q 0 0 0 rg BT 187.52 598.50 Td (connection ) Tj ET Q q 0 0 0 rg BT 233.65 598.50 Td (with ) Tj ET Q q 0 0 0 rg BT 253.13 598.50 Td (any ) Tj ET Q q 0 0 0 rg BT 269.82 598.50 Td (use ) Tj ET Q q 0 0 0 rg BT 285.41 598.50 Td (by ) Tj ET Q q 0 0 0 rg BT 297.10 598.50 Td (any ) Tj ET Q q 0 0 0 rg BT 313.79 598.50 Td (thir) Tj ET Q q 0 0 0 rg BT 327.87 598.50 Td (d ) Tj ET Q q 0 0 0 rg BT 335.13 598.50 Td (party ) Tj ET Q q 0 0 0 rg BT 358.49 598.50 Td (of ) Tj ET Q q 0 0 0 rg BT 368.52 598.50 Td (such ) Tj ET Q q 0 0 0 rg BT 389.11 598.50 Td (forwar) Tj ET Q q 0 0 0 rg BT 415.97 598.50 Td (d-looking ) Tj ET Q q 0 0 0 rg BT 456.55 598.50 Td (statements. ) Tj ET Q q 0 0 0 rg BT 503.36 598.50 Td (Actual ) Tj ET Q q 0 0 0 rg BT 531.71 598.50 Td (r) Tj ET Q q 0 0 0 rg BT 535.23 598.50 Td (esults ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 586.50 Td (could ) Tj ET Q q 0 0 0 rg BT 78.43 586.50 Td (differ ) Tj ET Q q 0 0 0 rg BT 102.31 586.50 Td (materially ) Tj ET Q q 0 0 0 rg BT 145.63 586.50 Td (fr) Tj ET Q q 0 0 0 rg BT 151.93 586.50 Td (om ) Tj ET Q q 0 0 0 rg BT 166.37 586.50 Td (those ) Tj ET Q q 0 0 0 rg BT 189.69 586.50 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 236.90 586.50 Td (in ) Tj ET Q q 0 0 0 rg BT 246.89 586.50 Td (such ) Tj ET Q q 0 0 0 rg BT 267.44 586.50 Td (forwar) Tj ET Q q 0 0 0 rg BT 294.30 586.50 Td (d-looking ) Tj ET Q q 0 0 0 rg BT 334.84 586.50 Td (statements. ) Tj ET Q q 0 0 0 rg BT 381.77 586.50 Td (W) Tj ET Q q 0 0 0 rg BT 389.19 586.50 Td (e ) Tj ET Q q 0 0 0 rg BT 395.84 586.50 Td (do ) Tj ET Q q 0 0 0 rg BT 408.06 586.50 Td (not ) Tj ET Q q 0 0 0 rg BT 423.05 586.50 Td (undertake ) Tj ET Q q 0 0 0 rg BT 465.25 586.50 Td (an ) Tj ET Q q 0 0 0 rg BT 477.47 586.50 Td (obligation ) Tj ET Q q 0 0 0 rg BT 520.80 586.50 Td (to ) Tj ET Q q 0 0 0 rg BT 530.79 586.50 Td (update ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 574.50 Td (or ) Tj ET Q q 0 0 0 rg BT 65.39 574.50 Td (r) Tj ET Q q 0 0 0 rg BT 68.91 574.50 Td (evise ) Tj ET Q q 0 0 0 rg BT 91.40 574.50 Td (publicly ) Tj ET Q q 0 0 0 rg BT 126.11 574.50 Td (any ) Tj ET Q q 0 0 0 rg BT 143.05 574.50 Td (forwar) Tj ET Q q 0 0 0 rg BT 169.91 574.50 Td (d-looking ) Tj ET Q q 0 0 0 rg BT 210.73 574.50 Td (statements.) Tj ET Q endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 303.00 41.20 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 719.10 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 102.89 719.10 Td ( Financial Measur) Tj ET Q q 0 0 0 rg BT 180.48 719.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 695.10 Td (W) Tj ET Q q 0 0 0 rg BT 98.64 695.10 Td (e ) Tj ET Q q 0 0 0 rg BT 107.47 695.10 Td (monitor ) Tj ET Q q 0 0 0 rg BT 143.53 695.10 Td (and ) Tj ET Q q 0 0 0 rg BT 162.36 695.10 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 200.06 695.10 Td (our ) Tj ET Q q 0 0 0 rg BT 217.79 695.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 259.95 695.10 Td (and ) Tj ET Q q 0 0 0 rg BT 278.78 695.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 318.15 695.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 373.07 695.10 Td (using ) Tj ET Q q 0 0 0 rg BT 399.13 695.10 Td (several ) Tj ET Q q 0 0 0 rg BT 431.84 695.10 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 477.03 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 481.42 695.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 520.79 695.10 Td (measures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 683.10 Td (including: ) Tj ET Q q 0 0 0 rg BT 96.31 683.10 Td (EBITDA, ) Tj ET Q q 0 0 0 rg BT 136.84 683.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 174.71 683.10 Td (EBITDA, ) Tj ET Q q 0 0 0 rg BT 215.24 683.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 253.10 683.10 Td (EBIT) Tj ET Q q 0 0 0 rg BT 274.58 683.10 Td (, ) Tj ET Q q 0 0 0 rg BT 278.45 683.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 316.31 683.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 332.51 683.10 Td (Profit, ) Tj ET Q q 0 0 0 rg BT 359.16 683.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 397.02 683.10 Td (Basic ) Tj ET Q q 0 0 0 rg BT 421.00 683.10 Td (and ) Tj ET Q q 0 0 0 rg BT 437.19 683.10 Td (Diluted ) Tj ET Q q 0 0 0 rg BT 468.95 683.10 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 506.25 683.10 Td (per ) Tj ET Q q 0 0 0 rg BT 520.78 683.10 Td (Common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 671.10 Td (Share, ) Tj ET Q q 0 0 0 rg BT 82.17 671.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 99.50 671.10 Td (Debt, ) Tj ET Q q 0 0 0 rg BT 124.34 671.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 141.68 671.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 182.90 671.10 Td (Debt, ) Tj ET Q q 0 0 0 rg BT 207.74 671.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 228.40 671.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 251.30 671.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 274.76 671.10 Td (and ) Tj ET Q q 0 0 0 rg BT 292.10 671.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 312.76 671.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 335.66 671.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 359.12 671.10 Td (from ) Tj ET Q q 0 0 0 rg BT 381.46 671.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 422.04 671.10 Td (Activities, ) Tj ET Q q 0 0 0 rg BT 466.32 671.10 Td (as ) Tj ET Q q 0 0 0 rg BT 477.55 671.10 Td (well ) Tj ET Q q 0 0 0 rg BT 497.66 671.10 Td (as ) Tj ET Q q 0 0 0 rg BT 508.89 671.10 Td (a ) Tj ET Q q 0 0 0 rg BT 516.23 671.10 Td (number ) Tj ET Q q 0 0 0 rg BT 549.67 671.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 659.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 91.88 659.10 Td (metrics ) Tj ET Q q 0 0 0 rg BT 124.21 659.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 165.43 659.10 Td (on ) Tj ET Q q 0 0 0 rg BT 178.33 659.10 Td (a ) Tj ET Q q 0 0 0 rg BT 185.67 659.10 Td (constant ) Tj ET Q q 0 0 0 rg BT 221.90 659.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 259.77 659.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 284.96 659.10 Td (W) Tj ET Q q 0 0 0 rg BT 293.60 659.10 Td (e ) Tj ET Q q 0 0 0 rg BT 300.94 659.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 332.71 659.10 Td (that ) Tj ET Q q 0 0 0 rg BT 350.61 659.10 Td (these ) Tj ET Q q 0 0 0 rg BT 374.05 659.10 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 419.24 659.10 Td ( ) Tj ET Q q 0 0 0 rg BT 422.14 659.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 460.02 659.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 500.13 659.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 533.58 659.10 Td (useful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 647.10 Td (and ) Tj ET Q q 0 0 0 rg BT 70.91 647.10 Td (relevant ) Tj ET Q q 0 0 0 rg BT 105.58 647.10 Td (information ) Tj ET Q q 0 0 0 rg BT 155.25 647.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 196.04 647.10 Td (our ) Tj ET Q q 0 0 0 rg BT 211.83 647.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 264.82 647.10 Td (and ) Tj ET Q q 0 0 0 rg BT 281.73 647.10 Td (our ) Tj ET Q q 0 0 0 rg BT 297.53 647.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 325.55 647.10 Td (to ) Tj ET Q q 0 0 0 rg BT 335.79 647.10 Td (assess ) Tj ET Q q 0 0 0 rg BT 362.70 647.10 Td (our ) Tj ET Q q 0 0 0 rg BT 378.50 647.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 415.95 647.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 468.94 647.10 Td (and ) Tj ET Q q 0 0 0 rg BT 485.84 647.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 523.29 647.10 Td (position. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 635.10 Td (They ) Tj ET Q q 0 0 0 rg BT 77.39 635.10 Td (also ) Tj ET Q q 0 0 0 rg BT 96.34 635.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 129.73 635.10 Td (us ) Tj ET Q q 0 0 0 rg BT 141.47 635.10 Td (with ) Tj ET Q q 0 0 0 rg BT 162.09 635.10 Td (comparable ) Tj ET Q q 0 0 0 rg BT 211.57 635.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 251.62 635.10 Td (that ) Tj ET Q q 0 0 0 rg BT 269.46 635.10 Td (facilitate ) Tj ET Q q 0 0 0 rg BT 307.28 635.10 Td (management) Tj ET Q q 0 0 0 rg BT 361.15 635.10 Td (s ) Tj ET Q q 0 0 0 rg BT 367.88 635.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 396.28 635.10 Td (to ) Tj ET Q q 0 0 0 rg BT 406.90 635.10 Td (identify ) Tj ET Q q 0 0 0 rg BT 440.85 635.10 Td (operational ) Tj ET Q q 0 0 0 rg BT 488.67 635.10 Td (trends, ) Tj ET Q q 0 0 0 rg BT 518.45 635.10 Td (as ) Tj ET Q q 0 0 0 rg BT 529.62 635.10 Td (well ) Tj ET Q q 0 0 0 rg BT 549.68 635.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 623.10 Td (make ) Tj ET Q q 0 0 0 rg BT 78.95 623.10 Td (decisions ) Tj ET Q q 0 0 0 rg BT 119.45 623.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 161.06 623.10 Td (future ) Tj ET Q q 0 0 0 rg BT 188.23 623.10 Td (spending, ) Tj ET Q q 0 0 0 rg BT 230.13 623.10 Td (resource ) Tj ET Q q 0 0 0 rg BT 267.29 623.10 Td (allocations ) Tj ET Q q 0 0 0 rg BT 313.90 623.10 Td (and ) Tj ET Q q 0 0 0 rg BT 331.63 623.10 Td (other ) Tj ET Q q 0 0 0 rg BT 355.46 623.10 Td (operational ) Tj ET Q q 0 0 0 rg BT 403.74 623.10 Td (decisions. ) Tj ET Q q 0 0 0 rg BT 446.51 623.10 Td (While ) Tj ET Q q 0 0 0 rg BT 474.23 623.10 Td (similar ) Tj ET Q q 0 0 0 rg BT 505.30 623.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 545.79 623.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 611.10 Td (widely ) Tj ET Q q 0 0 0 rg BT 83.60 611.10 Td (used ) Tj ET Q q 0 0 0 rg BT 104.31 611.10 Td (in ) Tj ET Q q 0 0 0 rg BT 114.47 611.10 Td (the ) Tj ET Q q 0 0 0 rg BT 129.06 611.10 Td (industry ) Tj ET Q q 0 0 0 rg BT 164.22 611.10 Td (in ) Tj ET Q q 0 0 0 rg BT 174.38 611.10 Td (which ) Tj ET Q q 0 0 0 rg BT 201.20 611.10 Td (we ) Tj ET Q q 0 0 0 rg BT 215.24 611.10 Td (operate, ) Tj ET Q q 0 0 0 rg BT 249.54 611.10 Td (the ) Tj ET Q q 0 0 0 rg BT 264.14 611.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 301.50 611.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 341.09 611.10 Td (we ) Tj ET Q q 0 0 0 rg BT 355.13 611.10 Td (use ) Tj ET Q q 0 0 0 rg BT 370.84 611.10 Td (may ) Tj ET Q q 0 0 0 rg BT 390.44 611.10 Td (not ) Tj ET Q q 0 0 0 rg BT 405.60 611.10 Td (be ) Tj ET Q q 0 0 0 rg BT 417.42 611.10 Td (comparable ) Tj ET Q q 0 0 0 rg BT 466.44 611.10 Td (to ) Tj ET Q q 0 0 0 rg BT 476.60 611.10 Td (other ) Tj ET Q q 0 0 0 rg BT 499.52 611.10 Td (similarly ) Tj ET Q q 0 0 0 rg BT 537.45 611.10 Td (titled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 599.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 94.12 599.10 Td (used ) Tj ET Q q 0 0 0 rg BT 115.37 599.10 Td (by ) Tj ET Q q 0 0 0 rg BT 128.29 599.10 Td (other ) Tj ET Q q 0 0 0 rg BT 151.75 599.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 197.44 599.10 Td (nor ) Tj ET Q q 0 0 0 rg BT 213.68 599.10 Td (are ) Tj ET Q q 0 0 0 rg BT 228.81 599.10 Td (they ) Tj ET Q q 0 0 0 rg BT 248.94 599.10 Td (intended ) Tj ET Q q 0 0 0 rg BT 286.29 599.10 Td (to ) Tj ET Q q 0 0 0 rg BT 296.99 599.10 Td (be ) Tj ET Q q 0 0 0 rg BT 309.34 599.10 Td (substitutes ) Tj ET Q q 0 0 0 rg BT 354.49 599.10 Td (for ) Tj ET Q q 0 0 0 rg BT 369.07 599.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 409.19 599.10 Td (of ) Tj ET Q q 0 0 0 rg BT 420.44 599.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 458.34 599.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 511.78 599.10 Td (or ) Tj ET Q q 0 0 0 rg BT 523.02 599.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 587.10 Td (position ) Tj ET Q q 0 0 0 rg BT 88.73 587.10 Td (as ) Tj ET Q q 0 0 0 rg BT 99.56 587.10 Td (prepared ) Tj ET Q q 0 0 0 rg BT 137.03 587.10 Td (in ) Tj ET Q q 0 0 0 rg BT 147.31 587.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 194.77 587.10 Td (with ) Tj ET Q q 0 0 0 rg BT 215.05 587.10 Td (IFRS.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 563.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 88.26 563.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.76 563.10 Td (and ) Tj ET Q q 0 0 0 rg BT 108.08 563.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 145.57 563.10 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 539.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 539.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 126.11 539.10 Td ( ) Tj ET Q q 0 0 0 rg BT 128.36 539.10 Td (is ) Tj ET Q q 0 0 0 rg BT 137.27 539.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 169.51 539.10 Td (as ) Tj ET Q q 0 0 0 rg BT 180.08 539.10 Td (net ) Tj ET Q q 0 0 0 rg BT 194.55 539.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 219.01 539.10 Td (before ) Tj ET Q q 0 0 0 rg BT 246.80 539.10 Td (income ) Tj ET Q q 0 0 0 rg BT 278.48 539.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 292.94 539.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 329.90 539.10 Td (net ) Tj ET Q q 0 0 0 rg BT 344.36 539.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 381.59 539.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 419.94 539.10 Td (and ) Tj ET Q q 0 0 0 rg BT 436.62 539.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 488.29 539.10 Td (and ) Tj ET Q q 0 0 0 rg BT 504.97 539.10 Td (amortization. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 527.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 92.04 527.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 128.15 527.10 Td ( ) Tj ET Q q 0 0 0 rg BT 130.08 527.10 Td (is ) Tj ET Q q 0 0 0 rg BT 138.68 527.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 170.59 527.10 Td (as ) Tj ET Q q 0 0 0 rg BT 180.85 527.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 216.96 527.10 Td ( ) Tj ET Q q 0 0 0 rg BT 218.89 527.10 Td (as ) Tj ET Q q 0 0 0 rg BT 229.15 527.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 264.41 527.10 Td (for ) Tj ET Q q 0 0 0 rg BT 278.00 527.10 Td (income ) Tj ET Q q 0 0 0 rg BT 309.36 527.10 Td (and ) Tj ET Q q 0 0 0 rg BT 325.73 527.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 350.16 527.10 Td (which ) Tj ET Q q 0 0 0 rg BT 376.53 527.10 Td (are ) Tj ET Q q 0 0 0 rg BT 390.67 527.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 434.81 527.10 Td (in ) Tj ET Q q 0 0 0 rg BT 444.52 527.10 Td (nature, ) Tj ET Q q 0 0 0 rg BT 473.93 527.10 Td (but ) Tj ET Q q 0 0 0 rg BT 488.64 527.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 526.10 527.10 Td (to ) Tj ET Q q 0 0 0 rg BT 535.81 527.10 Td (occur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 515.10 Td (infrequently) Tj ET Q q 0 0 0 rg BT 102.22 515.10 Td (. ) Tj ET Q q 0 0 0 rg BT 107.49 515.10 Td (The ) Tj ET Q q 0 0 0 rg BT 126.02 515.10 Td (following ) Tj ET Q q 0 0 0 rg BT 167.89 515.10 Td (table ) Tj ET Q q 0 0 0 rg BT 190.31 515.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 208.29 515.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 230.71 515.10 Td (the ) Tj ET Q q 0 0 0 rg BT 245.91 515.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 292.76 515.10 Td (of ) Tj ET Q q 0 0 0 rg BT 304.08 515.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 340.19 515.10 Td ( ) Tj ET Q q 0 0 0 rg BT 343.17 515.10 Td (and ) Tj ET Q q 0 0 0 rg BT 359.93 515.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 399.02 515.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 435.13 515.10 Td ( ) Tj ET Q q 0 0 0 rg BT 438.12 515.10 Td (for ) Tj ET Q q 0 0 0 rg BT 452.76 515.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.96 515.10 Td (three ) Tj ET Q q 0 0 0 rg BT 490.93 515.10 Td (and ) Tj ET Q q 0 0 0 rg BT 508.35 515.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.57 515.10 Td ( ) Tj ET Q q 0 0 0 rg BT 528.55 515.10 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 503.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 81.26 503.10 Td (September ) Tj ET Q q 0 0 0 rg BT 127.41 503.10 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.29 503.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.29 503.10 Td ( ) Tj ET Q q 0 0 0 rg BT 166.67 503.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.49 503.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.49 503.10 Td (, ) Tj ET Q q 0 0 0 rg BT 210.38 503.10 Td (and ) Tj ET Q q 0 0 0 rg BT 228.20 503.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 266.02 503.10 Td (a ) Tj ET Q q 0 0 0 rg BT 273.84 503.10 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 332.20 503.10 Td (of ) Tj ET Q q 0 0 0 rg BT 343.91 503.10 Td (these ) Tj ET Q q 0 0 0 rg BT 367.84 503.10 Td (non-GAAP) Tj ET Q q 0 0 0 rg BT 413.03 503.10 Td ( ) Tj ET Q q 0 0 0 rg BT 416.41 503.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 457.00 503.10 Td (to ) Tj ET Q q 0 0 0 rg BT 468.16 503.10 Td (net ) Tj ET Q q 0 0 0 rg BT 483.76 503.10 Td (profit. ) Tj ET Q q 0 0 0 rg BT 511.86 503.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 547.97 503.10 Td ( ) Tj ET Q q 0 0 0 rg BT 551.35 503.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 491.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 95.97 491.10 Td (by ) Tj ET Q q 0 0 0 rg BT 109.62 491.10 Td (management ) Tj ET Q q 0 0 0 rg BT 164.36 491.10 Td (to ) Tj ET Q q 0 0 0 rg BT 175.79 491.10 Td (aid ) Tj ET Q q 0 0 0 rg BT 191.66 491.10 Td (investors ) Tj ET Q q 0 0 0 rg BT 231.42 491.10 Td (in ) Tj ET Q q 0 0 0 rg BT 242.85 491.10 Td (their ) Tj ET Q q 0 0 0 rg BT 264.82 491.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 300.69 491.10 Td (of ) Tj ET Q q 0 0 0 rg BT 312.67 491.10 Td (the ) Tj ET Q q 0 0 0 rg BT 328.54 491.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 382.71 491.10 Td (of ) Tj ET Q q 0 0 0 rg BT 394.70 491.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.56 491.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 439.77 491.10 Td (and ) Tj ET Q q 0 0 0 rg BT 457.86 491.10 Td (to ) Tj ET Q q 0 0 0 rg BT 469.29 491.10 Td (assist ) Tj ET Q q 0 0 0 rg BT 494.61 491.10 Td (investors ) Tj ET Q q 0 0 0 rg BT 534.37 491.10 Td (in ) Tj ET Q q 0 0 0 rg BT 545.80 491.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 479.10 Td (comparison ) Tj ET Q q 0 0 0 rg BT 103.27 479.10 Td (of ) Tj ET Q q 0 0 0 rg BT 114.21 479.10 Td (the ) Tj ET Q q 0 0 0 rg BT 129.04 479.10 Td (Group) Tj ET Q q 0 0 0 rg BT 157.37 479.10 Td (s ) Tj ET Q q 0 0 0 rg BT 163.88 479.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 217.02 479.10 Td (with ) Tj ET Q q 0 0 0 rg BT 237.41 479.10 Td (that ) Tj ET Q q 0 0 0 rg BT 255.02 479.10 Td (of ) Tj ET Q q 0 0 0 rg BT 265.96 479.10 Td (other ) Tj ET Q q 0 0 0 rg BT 289.12 479.10 Td (companies. ) Tj ET Q q 0 0 0 rg BT 336.42 479.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 375.14 479.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 411.25 479.10 Td ( ) Tj ET Q q 0 0 0 rg BT 413.87 479.10 Td (is ) Tj ET Q q 0 0 0 rg BT 423.15 479.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 464.08 479.10 Td (to ) Tj ET Q q 0 0 0 rg BT 474.47 479.10 Td (demonstrate ) Tj ET Q q 0 0 0 rg BT 525.96 479.10 Td (how ) Tj ET Q q 0 0 0 rg BT 545.79 479.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 467.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 100.04 467.10 Td (business ) Tj ET Q q 0 0 0 rg BT 136.64 467.10 Td (has ) Tj ET Q q 0 0 0 rg BT 152.68 467.10 Td (performed ) Tj ET Q q 0 0 0 rg BT 197.04 467.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 219.19 467.10 Td (to ) Tj ET Q q 0 0 0 rg BT 229.68 467.10 Td (the ) Tj ET Q q 0 0 0 rg BT 244.61 467.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 274.53 467.10 Td (of ) Tj ET Q q 0 0 0 rg BT 285.57 467.10 Td (the ) Tj ET Q q 0 0 0 rg BT 300.50 467.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 336.54 467.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 363.41 467.10 Td (which ) Tj ET Q q 0 0 0 rg BT 390.56 467.10 Td (may ) Tj ET Q q 0 0 0 rg BT 410.49 467.10 Td (obscure ) Tj ET Q q 0 0 0 rg BT 444.30 467.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 490.34 467.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 543.57 467.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 455.10 Td (impair ) Tj ET Q q 0 0 0 rg BT 82.60 455.10 Td (comparability ) Tj ET Q q 0 0 0 rg BT 140.64 455.10 Td (of ) Tj ET Q q 0 0 0 rg BT 151.47 455.10 Td (results ) Tj ET Q q 0 0 0 rg BT 180.08 455.10 Td (between ) Tj ET Q q 0 0 0 rg BT 215.89 455.10 Td (periods.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 381.60 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 381.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 381.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 381.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 381.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 381.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 381.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 381.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 353.60 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 353.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 353.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 353.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 353.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 353.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 353.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 353.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 325.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 325.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 325.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 325.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 325.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 325.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 325.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 325.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 295.60 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 295.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 295.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 295.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 295.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 295.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 295.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 295.60 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 410.6 m 350.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 410.6 m 354.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 410.6 m 419.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 410.6 m 488.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 410.6 m 492.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 410.6 m 557.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 410.6 m 350.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 396.6 m 350.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 410.6 m 419.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 396.6 m 419.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 410.6 m 488.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 396.6 m 488.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 410.6 m 492.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 410.6 m 557.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 396.6 m 557.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 396.6 m 350.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 396.6 m 419.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 396.6 m 488.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 396.6 m 557.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 325.6 m 350.5 325.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 310.6 m 350.5 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 325.6 m 419.5 325.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 310.6 m 419.5 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 325.6 m 488.5 325.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 310.6 m 488.5 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 325.6 m 557.5 325.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 310.6 m 557.5 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 295.6 m 350.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 295.6 m 419.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 295.6 m 488.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 295.6 m 557.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 295.6 m 350.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 282.6 m 350.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 280.6 m 350.5 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 295.6 m 419.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 282.6 m 419.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 280.6 m 419.5 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 295.6 m 488.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 282.6 m 488.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 280.6 m 488.5 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 295.6 m 557.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 282.6 m 557.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 280.6 m 557.5 280.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.90 424.00 Td (For) Tj ET Q q 0 0 0 rg BT 314.81 424.00 Td ( the thr) Tj ET Q q 0 0 0 rg BT 343.14 424.00 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.55 415.00 Td (September) Tj ET Q q 0 0 0 rg BT 367.96 415.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.55 424.00 Td (For) Tj ET Q q 0 0 0 rg BT 454.38 424.00 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.55 415.00 Td (September) Tj ET Q q 0 0 0 rg BT 505.88 415.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.50 401.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.50 401.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.50 401.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.50 401.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.60 386.06 Td (\( million\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 372.06 Td (Net profit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 333.50 372.06 Td (287) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 402.50 372.06 Td (141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 471.50 372.06 Td (596) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 372.06 Td (401) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 358.06 Td (Income tax \(benefit\)/expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 335.00 358.06 Td (\(90) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.00 358.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 358.06 Td (53) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.00 358.06 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 358.06 Td (155) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 344.06 Td (Net financial expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 342.50 344.06 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.50 344.06 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.00 344.06 Td (15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 344.06 Td (25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 330.06 Td (Amortization and depreciation) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 338.00 330.06 Td (75) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 330.06 Td (64) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 471.50 330.06 Td (210) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 330.06 Td (197) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 315.05 Td (EBITDA) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 315.05 Td (278) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 315.05 Td (266) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.50 315.05 Td (841) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 315.05 Td (778) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 300.06 Td (Release of char) Tj ET Q q 0 0 0 rg BT 111.31 300.06 Td (ges related to ) Tj ET Q q 0 0 0 rg BT 161.37 300.06 Td (T) Tj ET Q q 0 0 0 rg BT 166.24 300.06 Td (akata airbag inflator recalls) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 338.00 300.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 300.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 300.06 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.00 300.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 300.06 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 286.05 Td (Adjusted EBITDA) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 286.05 Td (278) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 286.05 Td (266) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.50 286.05 Td (840) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 286.05 Td (778) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 258.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 91.50 258.10 Td (EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 234.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 234.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 128.06 234.10 Td (EBIT) Tj ET Q q 0 0 0 rg BT 150.10 234.10 Td ( ) Tj ET Q q 0 0 0 rg BT 152.05 234.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 194.55 234.10 Td (EBIT) Tj ET Q q 0 0 0 rg BT 216.58 234.10 Td ( ) Tj ET Q q 0 0 0 rg BT 218.54 234.10 Td (as ) Tj ET Q q 0 0 0 rg BT 228.82 234.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 264.10 234.10 Td (for ) Tj ET Q q 0 0 0 rg BT 277.72 234.10 Td (income ) Tj ET Q q 0 0 0 rg BT 309.10 234.10 Td (and ) Tj ET Q q 0 0 0 rg BT 325.50 234.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 349.95 234.10 Td (which ) Tj ET Q q 0 0 0 rg BT 376.34 234.10 Td (are ) Tj ET Q q 0 0 0 rg BT 390.51 234.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 434.67 234.10 Td (in ) Tj ET Q q 0 0 0 rg BT 444.41 234.10 Td (nature, ) Tj ET Q q 0 0 0 rg BT 473.85 234.10 Td (but ) Tj ET Q q 0 0 0 rg BT 488.58 234.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 526.06 234.10 Td (to ) Tj ET Q q 0 0 0 rg BT 535.80 234.10 Td (occur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 222.10 Td (infrequently) Tj ET Q q 0 0 0 rg BT 102.22 222.10 Td (. ) Tj ET Q q 0 0 0 rg BT 106.78 222.10 Td (W) Tj ET Q q 0 0 0 rg BT 115.42 222.10 Td (e ) Tj ET Q q 0 0 0 rg BT 122.07 222.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 154.84 222.10 Td (such ) Tj ET Q q 0 0 0 rg BT 175.39 222.10 Td (information ) Tj ET Q q 0 0 0 rg BT 224.82 222.10 Td (in ) Tj ET Q q 0 0 0 rg BT 234.81 222.10 Td (order ) Tj ET Q q 0 0 0 rg BT 258.13 222.10 Td (to ) Tj ET Q q 0 0 0 rg BT 268.13 222.10 Td (present ) Tj ET Q q 0 0 0 rg BT 299.22 222.10 Td (how ) Tj ET Q q 0 0 0 rg BT 318.66 222.10 Td (the ) Tj ET Q q 0 0 0 rg BT 333.10 222.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 378.64 222.10 Td (business ) Tj ET Q q 0 0 0 rg BT 414.75 222.10 Td (has ) Tj ET Q q 0 0 0 rg BT 430.30 222.10 Td (performed ) Tj ET Q q 0 0 0 rg BT 474.16 222.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 495.82 222.10 Td (to ) Tj ET Q q 0 0 0 rg BT 505.82 222.10 Td (the ) Tj ET Q q 0 0 0 rg BT 520.25 222.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 549.68 222.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 210.10 Td (such ) Tj ET Q q 0 0 0 rg BT 74.37 210.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 100.58 210.10 Td (which ) Tj ET Q q 0 0 0 rg BT 127.05 210.10 Td (may ) Tj ET Q q 0 0 0 rg BT 146.31 210.10 Td (obscure ) Tj ET Q q 0 0 0 rg BT 179.45 210.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 224.81 210.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 277.38 210.10 Td (and ) Tj ET Q q 0 0 0 rg BT 293.86 210.10 Td (impair ) Tj ET Q q 0 0 0 rg BT 322.00 210.10 Td (comparability ) Tj ET Q q 0 0 0 rg BT 379.58 210.10 Td (of ) Tj ET Q q 0 0 0 rg BT 389.95 210.10 Td (results ) Tj ET Q q 0 0 0 rg BT 418.09 210.10 Td (between ) Tj ET Q q 0 0 0 rg BT 453.45 210.10 Td (the ) Tj ET Q q 0 0 0 rg BT 467.71 210.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 501.54 210.10 Td (The ) Tj ET Q q 0 0 0 rg BT 519.13 210.10 Td (following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 198.10 Td (table ) Tj ET Q q 0 0 0 rg BT 75.93 198.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 93.43 198.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 115.37 198.10 Td (the ) Tj ET Q q 0 0 0 rg BT 130.09 198.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 176.46 198.10 Td (of ) Tj ET Q q 0 0 0 rg BT 186.73 198.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 225.34 198.10 Td (EBIT) Tj ET Q q 0 0 0 rg BT 247.38 198.10 Td ( ) Tj ET Q q 0 0 0 rg BT 249.88 198.10 Td (for ) Tj ET Q q 0 0 0 rg BT 264.04 198.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.76 198.10 Td (three ) Tj ET Q q 0 0 0 rg BT 301.24 198.10 Td (and ) Tj ET Q q 0 0 0 rg BT 318.18 198.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.40 198.10 Td ( ) Tj ET Q q 0 0 0 rg BT 337.90 198.10 Td (months ) Tj ET Q q 0 0 0 rg BT 369.84 198.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 396.22 198.10 Td (September ) Tj ET Q q 0 0 0 rg BT 441.49 198.10 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.49 198.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.49 198.10 Td ( ) Tj ET Q q 0 0 0 rg BT 478.99 198.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.92 198.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.92 198.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 122.60 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 122.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 122.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 122.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 122.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 122.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 122.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 122.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 93.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 93.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 93.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 93.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 93.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 93.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 93.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 93.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 151.60000000000002 m 350.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 151.60000000000002 m 354.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 151.60000000000002 m 419.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 151.60000000000002 m 488.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 151.60000000000002 m 492.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 151.60000000000002 m 557.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 151.60000000000002 m 350.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 137.60000000000002 m 350.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 151.60000000000002 m 419.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 137.60000000000002 m 419.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 151.60000000000002 m 488.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 137.60000000000002 m 488.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 151.60000000000002 m 492.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 151.60000000000002 m 557.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 137.60000000000002 m 557.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 137.60000000000002 m 350.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 137.60000000000002 m 419.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 137.60000000000002 m 488.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 137.60000000000002 m 557.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 93.60000000000002 m 350.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 93.60000000000002 m 419.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 93.60000000000002 m 488.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 93.60000000000002 m 557.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 93.60000000000002 m 350.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 79.60000000000002 m 350.5 79.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 77.60000000000002 m 350.5 77.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 93.60000000000002 m 419.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 79.60000000000002 m 419.5 79.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 77.60000000000002 m 419.5 77.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 93.60000000000002 m 488.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 79.60000000000002 m 488.5 79.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 77.60000000000002 m 488.5 77.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 93.60000000000002 m 557.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 79.60000000000002 m 557.5 79.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 77.60000000000002 m 557.5 77.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.90 165.05 Td (For) Tj ET Q q 0 0 0 rg BT 314.81 165.05 Td ( the thr) Tj ET Q q 0 0 0 rg BT 343.14 165.05 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.55 156.05 Td (September) Tj ET Q q 0 0 0 rg BT 367.96 156.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.55 165.05 Td (For) Tj ET Q q 0 0 0 rg BT 454.38 165.05 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.55 156.05 Td (September) Tj ET Q q 0 0 0 rg BT 505.88 156.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.50 142.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.50 142.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.50 142.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.50 142.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.60 127.06 Td (\( million\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 113.05 Td (EBIT) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 113.05 Td (203) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 113.05 Td (202) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.50 113.05 Td (631) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 113.05 Td (581) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 98.06 Td (Release of char) Tj ET Q q 0 0 0 rg BT 111.31 98.06 Td (ges related to ) Tj ET Q q 0 0 0 rg BT 161.37 98.06 Td (T) Tj ET Q q 0 0 0 rg BT 166.24 98.06 Td (akata airbag inflator recalls) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 338.00 98.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 98.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 98.06 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.00 98.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 98.06 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 83.05 Td (Adjusted EBIT) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 83.05 Td (203) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 83.05 Td (202) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.50 83.05 Td (630) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 83.05 Td (581) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 303.00 41.20 Td (8) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 707.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 91.50 707.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 107.88 707.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 117.51 707.10 Td (ofit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 683.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 683.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 128.81 683.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 145.96 683.10 Td (Profit ) Tj ET Q q 0 0 0 rg BT 171.44 683.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 214.68 683.10 Td (net ) Tj ET Q q 0 0 0 rg BT 229.60 683.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 254.53 683.10 Td (as ) Tj ET Q q 0 0 0 rg BT 265.56 683.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 301.59 683.10 Td (for ) Tj ET Q q 0 0 0 rg BT 315.96 683.10 Td (income ) Tj ET Q q 0 0 0 rg BT 348.10 683.10 Td (and ) Tj ET Q q 0 0 0 rg BT 365.24 683.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 387.94 683.10 Td (\(net ) Tj ET Q q 0 0 0 rg BT 406.20 683.10 Td (of ) Tj ET Q q 0 0 0 rg BT 417.23 683.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 432.15 683.10 Td (ef) Tj ET Q q 0 0 0 rg BT 439.74 683.10 Td (fect\), ) Tj ET Q q 0 0 0 rg BT 463.26 683.10 Td (which ) Tj ET Q q 0 0 0 rg BT 490.41 683.10 Td (are ) Tj ET Q q 0 0 0 rg BT 505.32 683.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 550.23 683.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 671.10 Td (nature, ) Tj ET Q q 0 0 0 rg BT 84.43 671.10 Td (but ) Tj ET Q q 0 0 0 rg BT 100.16 671.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 138.64 671.10 Td (to ) Tj ET Q q 0 0 0 rg BT 149.36 671.10 Td (occur ) Tj ET Q q 0 0 0 rg BT 174.52 671.10 Td (infrequently) Tj ET Q q 0 0 0 rg BT 222.74 671.10 Td (. ) Tj ET Q q 0 0 0 rg BT 227.97 671.10 Td (W) Tj ET Q q 0 0 0 rg BT 236.61 671.10 Td (e ) Tj ET Q q 0 0 0 rg BT 243.99 671.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 277.49 671.10 Td (such ) Tj ET Q q 0 0 0 rg BT 298.77 671.10 Td (information ) Tj ET Q q 0 0 0 rg BT 348.92 671.10 Td (in ) Tj ET Q q 0 0 0 rg BT 359.65 671.10 Td (order ) Tj ET Q q 0 0 0 rg BT 383.69 671.10 Td (to ) Tj ET Q q 0 0 0 rg BT 394.42 671.10 Td (present ) Tj ET Q q 0 0 0 rg BT 426.24 671.10 Td (how ) Tj ET Q q 0 0 0 rg BT 446.41 671.10 Td (the ) Tj ET Q q 0 0 0 rg BT 461.58 671.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 507.85 671.10 Td (business ) Tj ET Q q 0 0 0 rg BT 544.69 671.10 Td (has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 659.10 Td (performed ) Tj ET Q q 0 0 0 rg BT 98.46 659.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 120.70 659.10 Td (to ) Tj ET Q q 0 0 0 rg BT 131.29 659.10 Td (the ) Tj ET Q q 0 0 0 rg BT 146.32 659.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 176.34 659.10 Td (of ) Tj ET Q q 0 0 0 rg BT 187.48 659.10 Td (such ) Tj ET Q q 0 0 0 rg BT 208.62 659.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 235.60 659.10 Td (which ) Tj ET Q q 0 0 0 rg BT 262.85 659.10 Td (may ) Tj ET Q q 0 0 0 rg BT 282.87 659.10 Td (obscure ) Tj ET Q q 0 0 0 rg BT 316.78 659.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 362.92 659.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 416.25 659.10 Td (and ) Tj ET Q q 0 0 0 rg BT 433.50 659.10 Td (impair ) Tj ET Q q 0 0 0 rg BT 462.41 659.10 Td (comparability ) Tj ET Q q 0 0 0 rg BT 520.76 659.10 Td (of ) Tj ET Q q 0 0 0 rg BT 531.90 659.10 Td (results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 647.10 Td (between ) Tj ET Q q 0 0 0 rg BT 89.94 647.10 Td (the ) Tj ET Q q 0 0 0 rg BT 104.77 647.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 139.14 647.10 Td (The ) Tj ET Q q 0 0 0 rg BT 157.31 647.10 Td (following ) Tj ET Q q 0 0 0 rg BT 198.82 647.10 Td (table ) Tj ET Q q 0 0 0 rg BT 220.88 647.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 238.50 647.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 260.56 647.10 Td (the ) Tj ET Q q 0 0 0 rg BT 275.39 647.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 321.88 647.10 Td (of ) Tj ET Q q 0 0 0 rg BT 332.25 647.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 370.98 647.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 388.04 647.10 Td (Profit ) Tj ET Q q 0 0 0 rg BT 413.44 647.10 Td (for ) Tj ET Q q 0 0 0 rg BT 427.72 647.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.56 647.10 Td (three ) Tj ET Q q 0 0 0 rg BT 465.17 647.10 Td (and ) Tj ET Q q 0 0 0 rg BT 482.23 647.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.44 647.10 Td ( ) Tj ET Q q 0 0 0 rg BT 502.07 647.10 Td (months ) Tj ET Q q 0 0 0 rg BT 534.14 647.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 635.10 Td (September ) Tj ET Q q 0 0 0 rg BT 99.26 635.10 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.26 635.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.26 635.10 Td ( ) Tj ET Q q 0 0 0 rg BT 136.76 635.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.70 635.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.70 635.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 561.60 264.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 561.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 561.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 561.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 561.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 561.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 561.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 561.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 524.60 264.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 524.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 524.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 524.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 524.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 524.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 524.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 524.60 57.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 589.6 m 374.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 589.6 m 378.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 589.6 m 435.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 589.6 m 496.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 589.6 m 500.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 589.6 m 557.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 589.6 m 374.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 575.6 m 374.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 589.6 m 435.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 575.6 m 435.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 589.6 m 496.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 575.6 m 496.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 589.6 m 500.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 589.6 m 557.5 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 575.6 m 557.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 575.6 m 374.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 575.6 m 435.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 575.6 m 496.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 575.6 m 557.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 510.6 m 374.5 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 510.6 m 435.5 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 510.6 m 496.5 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 510.6 m 557.5 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 510.6 m 374.5 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 497.6 m 374.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 495.6 m 374.5 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 510.6 m 435.5 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 497.6 m 435.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 495.6 m 435.5 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 510.6 m 496.5 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 497.6 m 496.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 495.6 m 496.5 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 510.6 m 557.5 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 497.6 m 557.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 495.6 m 557.5 495.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.90 604.00 Td (For) Tj ET Q q 0 0 0 rg BT 338.81 604.00 Td ( the thr) Tj ET Q q 0 0 0 rg BT 367.14 604.00 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.55 595.00 Td (September) Tj ET Q q 0 0 0 rg BT 391.96 595.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.55 604.00 Td (For) Tj ET Q q 0 0 0 rg BT 462.38 604.00 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.55 595.00 Td (September) Tj ET Q q 0 0 0 rg BT 513.88 595.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.50 580.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.50 580.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 580.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.50 580.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.60 566.06 Td (\( million\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.60 566.06 Td (\( million\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 552.05 Td (Net pr) Tj ET Q q 0 0 0 rg BT 80.58 552.05 Td (ofit ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.50 552.06 Td (287) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 418.50 552.06 Td (141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 479.50 552.06 Td (596) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 552.06 Td (401) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 538.06 Td (Release of char) Tj ET Q q 0 0 0 rg BT 111.31 538.06 Td (ges related to ) Tj ET Q q 0 0 0 rg BT 161.37 538.06 Td (T) Tj ET Q q 0 0 0 rg BT 166.24 538.06 Td (akata airbag inflator recalls ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 266.69 538.06 Td (\(net of tax ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 529.06 Td (ef) Tj ET Q q 0 0 0 rg BT 62.83 529.06 Td (fect\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 362.00 529.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.00 529.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.50 529.06 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.00 529.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 529.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 515.06 Td (Patent box benefit for the period 2015-2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 354.50 515.06 Td (\(141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 371.00 515.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.00 515.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.50 515.06 Td (\(141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.00 515.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 515.06 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 501.05 Td (Adjusted Net Pr) Tj ET Q q 0 0 0 rg BT 118.33 501.05 Td (ofit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 501.05 Td (146) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.50 501.05 Td (141) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 501.05 Td (454) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 501.05 Td (401) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 473.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 91.50 473.10 Td (Basic ) Tj ET Q q 0 0 0 rg BT 116.21 473.10 Td (and ) Tj ET Q q 0 0 0 rg BT 133.71 473.10 Td (Diluted ) Tj ET Q q 0 0 0 rg BT 166.21 473.10 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 205.38 473.10 Td (per ) Tj ET Q q 0 0 0 rg BT 221.21 473.10 Td (Common ) Tj ET Q q 0 0 0 rg BT 259.82 473.10 Td (Shar) Tj ET Q q 0 0 0 rg BT 278.34 473.10 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 449.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 449.10 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 129.17 449.10 Td (Basic ) Tj ET Q q 0 0 0 rg BT 154.45 449.10 Td (and ) Tj ET Q q 0 0 0 rg BT 171.95 449.10 Td (Diluted ) Tj ET Q q 0 0 0 rg BT 205.00 449.10 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 243.61 449.10 Td (per ) Tj ET Q q 0 0 0 rg BT 259.44 449.10 Td (Common ) Tj ET Q q 0 0 0 rg BT 299.72 449.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 325.55 449.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 369.15 449.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 406.09 449.10 Td (per ) Tj ET Q q 0 0 0 rg BT 421.92 449.10 Td (share, ) Tj ET Q q 0 0 0 rg BT 448.58 449.10 Td (as ) Tj ET Q q 0 0 0 rg BT 459.97 449.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 496.35 449.10 Td (for ) Tj ET Q q 0 0 0 rg BT 511.07 449.10 Td (income ) Tj ET Q q 0 0 0 rg BT 543.57 449.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 437.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 75.92 437.10 Td (\(net ) Tj ET Q q 0 0 0 rg BT 93.39 437.10 Td (of ) Tj ET Q q 0 0 0 rg BT 103.65 437.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 117.79 437.10 Td (ef) Tj ET Q q 0 0 0 rg BT 125.38 437.10 Td (fect\), ) Tj ET Q q 0 0 0 rg BT 148.12 437.10 Td (which ) Tj ET Q q 0 0 0 rg BT 174.48 437.10 Td (are ) Tj ET Q q 0 0 0 rg BT 188.61 437.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 232.75 437.10 Td (in ) Tj ET Q q 0 0 0 rg BT 242.45 437.10 Td (nature, ) Tj ET Q q 0 0 0 rg BT 271.86 437.10 Td (but ) Tj ET Q q 0 0 0 rg BT 286.56 437.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 324.01 437.10 Td (to ) Tj ET Q q 0 0 0 rg BT 333.72 437.10 Td (occur ) Tj ET Q q 0 0 0 rg BT 357.85 437.10 Td (infrequently) Tj ET Q q 0 0 0 rg BT 406.07 437.10 Td (. ) Tj ET Q q 0 0 0 rg BT 410.35 437.10 Td (W) Tj ET Q q 0 0 0 rg BT 418.99 437.10 Td (e ) Tj ET Q q 0 0 0 rg BT 425.35 437.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 457.83 437.10 Td (such ) Tj ET Q q 0 0 0 rg BT 478.08 437.10 Td (information ) Tj ET Q q 0 0 0 rg BT 527.22 437.10 Td (in ) Tj ET Q q 0 0 0 rg BT 536.92 437.10 Td (order ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 425.10 Td (to ) Tj ET Q q 0 0 0 rg BT 65.79 425.10 Td (present ) Tj ET Q q 0 0 0 rg BT 98.67 425.10 Td (how ) Tj ET Q q 0 0 0 rg BT 119.90 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.13 425.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 183.47 425.10 Td (business ) Tj ET Q q 0 0 0 rg BT 221.37 425.10 Td (has ) Tj ET Q q 0 0 0 rg BT 238.71 425.10 Td (performed ) Tj ET Q q 0 0 0 rg BT 284.36 425.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 307.81 425.10 Td (to ) Tj ET Q q 0 0 0 rg BT 319.60 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 335.82 425.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 367.04 425.10 Td (of ) Tj ET Q q 0 0 0 rg BT 379.38 425.10 Td (such ) Tj ET Q q 0 0 0 rg BT 401.72 425.10 Td (items, ) Tj ET Q q 0 0 0 rg BT 429.90 425.10 Td (which ) Tj ET Q q 0 0 0 rg BT 458.34 425.10 Td (may ) Tj ET Q q 0 0 0 rg BT 479.57 425.10 Td (obscure ) Tj ET Q q 0 0 0 rg BT 514.68 425.10 Td (underlying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 413.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 106.72 413.10 Td (and ) Tj ET Q q 0 0 0 rg BT 123.35 413.10 Td (impair ) Tj ET Q q 0 0 0 rg BT 151.65 413.10 Td (comparability ) Tj ET Q q 0 0 0 rg BT 209.38 413.10 Td (of ) Tj ET Q q 0 0 0 rg BT 219.91 413.10 Td (results ) Tj ET Q q 0 0 0 rg BT 248.21 413.10 Td (between ) Tj ET Q q 0 0 0 rg BT 283.72 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.13 413.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 332.11 413.10 Td (The ) Tj ET Q q 0 0 0 rg BT 349.85 413.10 Td (following ) Tj ET Q q 0 0 0 rg BT 390.93 413.10 Td (table ) Tj ET Q q 0 0 0 rg BT 412.56 413.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 429.75 413.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 451.39 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 465.80 413.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 511.86 413.10 Td (of ) Tj ET Q q 0 0 0 rg BT 521.90 413.10 Td (Adjusted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 401.10 Td (Basic ) Tj ET Q q 0 0 0 rg BT 78.72 401.10 Td (and ) Tj ET Q q 0 0 0 rg BT 95.66 401.10 Td (Diluted ) Tj ET Q q 0 0 0 rg BT 128.15 401.10 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 166.20 401.10 Td (per ) Tj ET Q q 0 0 0 rg BT 181.47 401.10 Td (Common ) Tj ET Q q 0 0 0 rg BT 221.19 401.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 246.46 401.10 Td (for ) Tj ET Q q 0 0 0 rg BT 260.62 401.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.34 401.10 Td (three ) Tj ET Q q 0 0 0 rg BT 297.82 401.10 Td (and ) Tj ET Q q 0 0 0 rg BT 314.76 401.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.98 401.10 Td ( ) Tj ET Q q 0 0 0 rg BT 334.48 401.10 Td (months ) Tj ET Q q 0 0 0 rg BT 366.43 401.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 392.80 401.10 Td (September ) Tj ET Q q 0 0 0 rg BT 438.07 401.10 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.07 401.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.07 401.10 Td ( ) Tj ET Q q 0 0 0 rg BT 475.57 401.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.51 401.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.51 401.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 329.60 222.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 329.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 329.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 329.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 329.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 329.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 329.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 329.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 329.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 289.60 222.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 289.60 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 289.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 289.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 289.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 289.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 289.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 289.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 289.60 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 254.60 222.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 254.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 254.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 254.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 254.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 254.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 254.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 254.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 254.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 224.60 222.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 224.60 42.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 224.60 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 224.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 224.60 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 224.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 224.60 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 224.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 224.60 57.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 343.6 m 375.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 343.6 m 379.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 343.6 m 436.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 343.6 m 497.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 343.6 m 501.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 343.6 m 558.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 343.6 m 375.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 329.6 m 375.5 329.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 343.6 m 379.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 329.6 m 379.5 329.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 343.6 m 436.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 329.6 m 436.5 329.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 343.6 m 497.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 329.6 m 497.5 329.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 343.6 m 501.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 343.6 m 558.5 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 329.6 m 558.5 329.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 275.6 m 375.5 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 275.6 m 436.5 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 275.6 m 497.5 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 275.6 m 558.5 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 275.6 m 375.5 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 275.6 m 436.5 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 275.6 m 497.5 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 275.6 m 558.5 275.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 239.60000000000002 m 375.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 239.60000000000002 m 436.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 239.60000000000002 m 497.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 239.60000000000002 m 558.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 239.60000000000002 m 375.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 225.60000000000002 m 375.5 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 223.60000000000002 m 375.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 239.60000000000002 m 436.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 225.60000000000002 m 436.5 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 223.60000000000002 m 436.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 239.60000000000002 m 497.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 225.60000000000002 m 497.5 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 223.60000000000002 m 497.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 239.60000000000002 m 558.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 225.60000000000002 m 558.5 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 223.60000000000002 m 558.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 223.60000000000002 m 375.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 225.60000000000002 m 375.5 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 199.60000000000002 m 375.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 223.60000000000002 m 436.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 225.60000000000002 m 436.5 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 199.60000000000002 m 436.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 223.60000000000002 m 497.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 225.60000000000002 m 497.5 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 199.60000000000002 m 497.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 223.60000000000002 m 558.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 225.60000000000002 m 558.5 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 199.60000000000002 m 558.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 199.60000000000002 m 375.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 185.60000000000002 m 375.5 185.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 183.60000000000002 m 375.5 183.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 199.60000000000002 m 436.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 185.60000000000002 m 436.5 185.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 183.60000000000002 m 436.5 183.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 199.60000000000002 m 497.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 185.60000000000002 m 497.5 185.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 183.60000000000002 m 497.5 183.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 199.60000000000002 m 558.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 185.60000000000002 m 558.5 185.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 183.60000000000002 m 558.5 183.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.90 357.05 Td (For) Tj ET Q q 0 0 0 rg BT 339.81 357.05 Td ( the thr) Tj ET Q q 0 0 0 rg BT 368.14 357.05 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.55 348.05 Td (September) Tj ET Q q 0 0 0 rg BT 392.96 348.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.55 357.05 Td (For) Tj ET Q q 0 0 0 rg BT 463.46 357.05 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.55 348.05 Td (September) Tj ET Q q 0 0 0 rg BT 514.96 348.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.50 334.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.50 334.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.50 334.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.50 334.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 319.06 Td (Net profit attributable to owners of the Company) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.60 319.06 Td ( million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 358.50 319.06 Td (287) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 319.06 Td (140) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.50 319.06 Td (595) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 541.50 319.06 Td (400) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 303.06 Td (Release of char) Tj ET Q q 0 0 0 rg BT 112.31 303.06 Td (ges related to ) Tj ET Q q 0 0 0 rg BT 162.37 303.06 Td (T) Tj ET Q q 0 0 0 rg BT 167.24 303.06 Td (akata airbag inflator recalls ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 294.06 Td (\(net of tax ef) Tj ET Q q 0 0 0 rg BT 103.06 294.06 Td (fect\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.60 294.06 Td ( million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.00 294.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 424.00 294.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.50 294.06 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.00 294.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.00 294.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 280.06 Td (Patent box benefit for the period 2015-2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.60 280.06 Td ( million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 355.50 280.06 Td (\(141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 280.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 424.00 280.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.50 280.06 Td (\(141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.00 280.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.00 280.06 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 267.00 Td (Adjusted net pr) Tj ET Q q 0 0 0 rg BT 117.34 267.00 Td (ofit attributable to owners of the ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 258.00 Td (Company) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.10 259.05 Td ( million) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.50 259.05 Td (146) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.50 259.05 Td (140) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.50 259.05 Td (453) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 541.50 259.05 Td (400) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 244.06 Td (W) Tj ET Q q 0 0 0 rg BT 64.77 244.06 Td (eighted average number of common shares) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.75 244.06 Td (thousand) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 342.75 244.06 Td (188,646) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.75 244.06 Td (188,954) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.75 244.06 Td (188,712) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 244.06 Td (188,951) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 229.05 Td (Adjusted basic earnings per) Tj ET Q q 0 0 0 rg BT 164.09 229.05 Td ( common shar) Tj ET Q q 0 0 0 rg BT 218.43 229.05 Td (e) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.75 229.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.25 229.05 Td (0.78) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.25 229.05 Td (0.74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.25 229.05 Td (2.40) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 229.05 Td (2.1) Tj ET Q q 0 0 0 rg BT 550.50 229.05 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 213.06 Td (W) Tj ET Q q 0 0 0 rg BT 64.77 213.06 Td (eighted average number of common shares for diluted ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 204.06 Td (earnings per common share) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.75 204.06 Td (thousand) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 342.75 204.06 Td (189,434) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.75 204.06 Td (189,759) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.75 204.06 Td (189,500) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 204.06 Td (189,759) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 189.05 Td (Adjusted diluted earnings per) Tj ET Q q 0 0 0 rg BT 171.60 189.05 Td ( common shar) Tj ET Q q 0 0 0 rg BT 225.93 189.05 Td (e ) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 232.18 193.13 Td (\(1\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.75 189.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.25 189.05 Td (0.77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.25 189.05 Td (0.74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.25 189.05 Td (2.39) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 189.05 Td (2.1) Tj ET Q q 0 0 0 rg BT 550.50 189.05 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 165.90 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 67.50 165.90 Td (For ) Tj ET Q q 0 0 0 rg BT 81.35 165.90 Td (the ) Tj ET Q q 0 0 0 rg BT 92.97 165.90 Td (thr) Tj ET Q q 0 0 0 rg BT 102.01 165.90 Td (ee ) Tj ET Q q 0 0 0 rg BT 110.96 165.90 Td (and ) Tj ET Q q 0 0 0 rg BT 124.81 165.90 Td (nine ) Tj ET Q q 0 0 0 rg BT 140.43 165.90 Td (months ) Tj ET Q q 0 0 0 rg BT 165.39 165.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 186.34 165.90 Td (September ) Tj ET Q q 0 0 0 rg BT 221.96 165.90 Td (30, ) Tj ET Q q 0 0 0 rg BT 233.81 165.90 Td (2018 ) Tj ET Q q 0 0 0 rg BT 251.65 165.90 Td (the ) Tj ET Q q 0 0 0 rg BT 263.28 165.90 Td (weighted ) Tj ET Q q 0 0 0 rg BT 294.01 165.90 Td (average ) Tj ET Q q 0 0 0 rg BT 321.62 165.90 Td (number ) Tj ET Q q 0 0 0 rg BT 347.91 165.90 Td (of ) Tj ET Q q 0 0 0 rg BT 355.98 165.90 Td (shar) Tj ET Q q 0 0 0 rg BT 369.91 165.90 Td (es ) Tj ET Q q 0 0 0 rg BT 378.43 165.90 Td (for ) Tj ET Q q 0 0 0 rg BT 389.61 165.90 Td (diluted ) Tj ET Q q 0 0 0 rg BT 413.68 165.90 Td (earnings ) Tj ET Q q 0 0 0 rg BT 443.53 165.90 Td (per ) Tj ET Q q 0 0 0 rg BT 456.04 165.90 Td (shar) Tj ET Q q 0 0 0 rg BT 469.97 165.90 Td (e ) Tj ET Q q 0 0 0 rg BT 475.37 165.90 Td (was ) Tj ET Q q 0 0 0 rg BT 489.67 165.90 Td (incr) Tj ET Q q 0 0 0 rg BT 502.26 165.90 Td (eased ) Tj ET Q q 0 0 0 rg BT 522.32 165.90 Td (to ) Tj ET Q q 0 0 0 rg BT 530.39 165.90 Td (take ) Tj ET Q q 0 0 0 rg BT 545.56 165.90 Td (into ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 156.30 Td (consideration ) Tj ET Q q 0 0 0 rg BT 113.50 156.30 Td (the ) Tj ET Q q 0 0 0 rg BT 125.27 156.30 Td (theor) Tj ET Q q 0 0 0 rg BT 141.86 156.30 Td (etical ) Tj ET Q q 0 0 0 rg BT 161.63 156.30 Td (effect ) Tj ET Q q 0 0 0 rg BT 180.95 156.30 Td (of ) Tj ET Q q 0 0 0 rg BT 189.17 156.30 Td (the ) Tj ET Q q 0 0 0 rg BT 200.95 156.30 Td (potential ) Tj ET Q q 0 0 0 rg BT 231.39 156.30 Td (common ) Tj ET Q q 0 0 0 rg BT 260.49 156.30 Td (shar) Tj ET Q q 0 0 0 rg BT 274.42 156.30 Td (es ) Tj ET Q q 0 0 0 rg BT 283.09 156.30 Td (that ) Tj ET Q q 0 0 0 rg BT 297.53 156.30 Td (would ) Tj ET Q q 0 0 0 rg BT 319.09 156.30 Td (be ) Tj ET Q q 0 0 0 rg BT 328.64 156.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 350.64 156.30 Td (for ) Tj ET Q q 0 0 0 rg BT 361.98 156.30 Td (the ) Tj ET Q q 0 0 0 rg BT 373.75 156.30 Td (equity ) Tj ET Q q 0 0 0 rg BT 395.30 156.30 Td (incentive ) Tj ET Q q 0 0 0 rg BT 426.17 156.30 Td (plan.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 146.70 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 146.70 Td (For ) Tj ET Q q 0 0 0 rg BT 81.35 146.70 Td (the ) Tj ET Q q 0 0 0 rg BT 92.97 146.70 Td (thr) Tj ET Q q 0 0 0 rg BT 102.01 146.70 Td (ee ) Tj ET Q q 0 0 0 rg BT 110.96 146.70 Td (and ) Tj ET Q q 0 0 0 rg BT 124.81 146.70 Td (nine ) Tj ET Q q 0 0 0 rg BT 140.43 146.70 Td (months ) Tj ET Q q 0 0 0 rg BT 165.39 146.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 186.34 146.70 Td (September ) Tj ET Q q 0 0 0 rg BT 221.96 146.70 Td (30, ) Tj ET Q q 0 0 0 rg BT 233.81 146.70 Td (2017 ) Tj ET Q q 0 0 0 rg BT 251.65 146.70 Td (the ) Tj ET Q q 0 0 0 rg BT 263.28 146.70 Td (weighted ) Tj ET Q q 0 0 0 rg BT 294.01 146.70 Td (average ) Tj ET Q q 0 0 0 rg BT 321.62 146.70 Td (number ) Tj ET Q q 0 0 0 rg BT 347.91 146.70 Td (of ) Tj ET Q q 0 0 0 rg BT 355.98 146.70 Td (shar) Tj ET Q q 0 0 0 rg BT 369.91 146.70 Td (es ) Tj ET Q q 0 0 0 rg BT 378.43 146.70 Td (for ) Tj ET Q q 0 0 0 rg BT 389.61 146.70 Td (diluted ) Tj ET Q q 0 0 0 rg BT 413.68 146.70 Td (earnings ) Tj ET Q q 0 0 0 rg BT 443.53 146.70 Td (per ) Tj ET Q q 0 0 0 rg BT 456.04 146.70 Td (shar) Tj ET Q q 0 0 0 rg BT 469.97 146.70 Td (e ) Tj ET Q q 0 0 0 rg BT 475.37 146.70 Td (was ) Tj ET Q q 0 0 0 rg BT 489.67 146.70 Td (incr) Tj ET Q q 0 0 0 rg BT 502.26 146.70 Td (eased ) Tj ET Q q 0 0 0 rg BT 522.32 146.70 Td (to ) Tj ET Q q 0 0 0 rg BT 530.39 146.70 Td (take ) Tj ET Q q 0 0 0 rg BT 545.56 146.70 Td (into ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 137.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 113.97 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 126.22 137.10 Td (theor) Tj ET Q q 0 0 0 rg BT 142.81 137.10 Td (etical ) Tj ET Q q 0 0 0 rg BT 163.06 137.10 Td (effect ) Tj ET Q q 0 0 0 rg BT 182.86 137.10 Td (of ) Tj ET Q q 0 0 0 rg BT 191.55 137.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 201.58 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 213.83 137.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 244.75 137.10 Td (common ) Tj ET Q q 0 0 0 rg BT 274.33 137.10 Td (shar) Tj ET Q q 0 0 0 rg BT 288.26 137.10 Td (es ) Tj ET Q q 0 0 0 rg BT 297.40 137.10 Td (that ) Tj ET Q q 0 0 0 rg BT 312.32 137.10 Td (would ) Tj ET Q q 0 0 0 rg BT 334.36 137.10 Td (be ) Tj ET Q q 0 0 0 rg BT 344.39 137.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 366.86 137.10 Td (for ) Tj ET Q q 0 0 0 rg BT 378.68 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 390.93 137.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 412.95 137.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 444.30 137.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 461.00 137.10 Td (and ) Tj ET Q q 0 0 0 rg BT 475.47 137.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 487.72 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 499.97 137.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 530.89 137.10 Td (common ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 127.50 Td (shar) Tj ET Q q 0 0 0 rg BT 81.43 127.50 Td (es ) Tj ET Q q 0 0 0 rg BT 90.09 127.50 Td (that ) Tj ET Q q 0 0 0 rg BT 104.54 127.50 Td (would ) Tj ET Q q 0 0 0 rg BT 126.10 127.50 Td (be ) Tj ET Q q 0 0 0 rg BT 135.65 127.50 Td (issued ) Tj ET Q q 0 0 0 rg BT 157.65 127.50 Td (for ) Tj ET Q q 0 0 0 rg BT 168.98 127.50 Td (the ) Tj ET Q q 0 0 0 rg BT 180.76 127.50 Td (Non-Executive ) Tj ET Q q 0 0 0 rg BT 229.84 127.50 Td (Dir) Tj ET Q q 0 0 0 rg BT 240.66 127.50 Td (ectors) Tj ET Q q 0 0 0 rg BT 261.99 127.50 Td ( ) Tj ET Q q 0 0 0 rg BT 263.99 127.50 Td (compensation ) Tj ET Q q 0 0 0 rg BT 310.43 127.50 Td (agr) Tj ET Q q 0 0 0 rg BT 321.24 127.50 Td (eement.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 103.50 Td (Net ) Tj ET Q q 0 0 0 rg BT 70.39 103.50 Td (Debt ) Tj ET Q q 0 0 0 rg BT 92.33 103.50 Td (and ) Tj ET Q q 0 0 0 rg BT 109.83 103.50 Td (Net ) Tj ET Q q 0 0 0 rg BT 126.21 103.50 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 168.16 103.50 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.60 103.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 79.50 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 79.50 Td (Net ) Tj ET Q q 0 0 0 rg BT 107.31 79.50 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 148.51 79.50 Td (Debt ) Tj ET Q q 0 0 0 rg BT 170.82 79.50 Td (is ) Tj ET Q q 0 0 0 rg BT 180.36 79.50 Td (the ) Tj ET Q q 0 0 0 rg BT 195.44 79.50 Td (primary ) Tj ET Q q 0 0 0 rg BT 229.97 79.50 Td (measure ) Tj ET Q q 0 0 0 rg BT 266.16 79.50 Td (used ) Tj ET Q q 0 0 0 rg BT 287.36 79.50 Td (by ) Tj ET Q q 0 0 0 rg BT 300.23 79.50 Td (us ) Tj ET Q q 0 0 0 rg BT 311.99 79.50 Td (to ) Tj ET Q q 0 0 0 rg BT 322.64 79.50 Td (analyze ) Tj ET Q q 0 0 0 rg BT 356.04 79.50 Td (our ) Tj ET Q q 0 0 0 rg BT 372.25 79.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 410.10 79.50 Td (leverage ) Tj ET Q q 0 0 0 rg BT 446.83 79.50 Td (and ) Tj ET Q q 0 0 0 rg BT 464.14 79.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 493.66 79.50 Td (structure, ) Tj ET Q q 0 0 0 rg BT 534.02 79.50 Td (and ) Tj ET Q q 0 0 0 rg BT 551.33 79.50 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 67.50 Td (one ) Tj ET Q q 0 0 0 rg BT 71.20 67.50 Td (of ) Tj ET Q q 0 0 0 rg BT 82.29 67.50 Td (the ) Tj ET Q q 0 0 0 rg BT 97.27 67.50 Td (key ) Tj ET Q q 0 0 0 rg BT 114.46 67.50 Td (indicators, ) Tj ET Q q 0 0 0 rg BT 159.16 67.50 Td (together ) Tj ET Q q 0 0 0 rg BT 194.68 67.50 Td (with ) Tj ET Q q 0 0 0 rg BT 215.22 67.50 Td (Net ) Tj ET Q q 0 0 0 rg BT 232.42 67.50 Td (Debt, ) Tj ET Q q 0 0 0 rg BT 257.12 67.50 Td (we ) Tj ET Q q 0 0 0 rg BT 271.54 67.50 Td (use ) Tj ET Q q 0 0 0 rg BT 287.63 67.50 Td (to ) Tj ET Q q 0 0 0 rg BT 298.17 67.50 Td (measure ) Tj ET Q q 0 0 0 rg BT 334.24 67.50 Td (our ) Tj ET Q q 0 0 0 rg BT 350.33 67.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 388.07 67.50 Td (position. ) Tj ET Q q 0 0 0 rg BT 425.36 67.50 Td (These ) Tj ET Q q 0 0 0 rg BT 452.00 67.50 Td (measures ) Tj ET Q q 0 0 0 rg BT 491.97 67.50 Td (are ) Tj ET Q q 0 0 0 rg BT 506.93 67.50 Td (presented ) Tj ET Q q 0 0 0 rg BT 548.01 67.50 Td (by ) Tj ET Q endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 303.00 41.20 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 731.10 Td (management ) Tj ET Q q 0 0 0 rg BT 107.85 731.10 Td (to ) Tj ET Q q 0 0 0 rg BT 118.39 731.10 Td (aid ) Tj ET Q q 0 0 0 rg BT 133.37 731.10 Td (investors ) Tj ET Q q 0 0 0 rg BT 172.24 731.10 Td (in ) Tj ET Q q 0 0 0 rg BT 182.78 731.10 Td (their ) Tj ET Q q 0 0 0 rg BT 203.87 731.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 238.85 731.10 Td (of ) Tj ET Q q 0 0 0 rg BT 249.94 731.10 Td (the ) Tj ET Q q 0 0 0 rg BT 264.92 731.10 Td (Group) Tj ET Q q 0 0 0 rg BT 293.25 731.10 Td (s ) Tj ET Q q 0 0 0 rg BT 299.91 731.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 337.65 731.10 Td (position ) Tj ET Q q 0 0 0 rg BT 372.64 731.10 Td (and ) Tj ET Q q 0 0 0 rg BT 389.84 731.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 427.58 731.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 480.87 731.10 Td (and ) Tj ET Q q 0 0 0 rg BT 498.07 731.10 Td (to ) Tj ET Q q 0 0 0 rg BT 508.61 731.10 Td (compare ) Tj ET Q q 0 0 0 rg BT 545.80 731.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 719.10 Td (Group) Tj ET Q q 0 0 0 rg BT 82.33 719.10 Td (s ) Tj ET Q q 0 0 0 rg BT 88.75 719.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 126.26 719.10 Td (position ) Tj ET Q q 0 0 0 rg BT 161.02 719.10 Td (and ) Tj ET Q q 0 0 0 rg BT 177.99 719.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 215.50 719.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 268.55 719.10 Td (with ) Tj ET Q q 0 0 0 rg BT 288.86 719.10 Td (that ) Tj ET Q q 0 0 0 rg BT 306.39 719.10 Td (of ) Tj ET Q q 0 0 0 rg BT 317.25 719.10 Td (other ) Tj ET Q q 0 0 0 rg BT 340.33 719.10 Td (companies. ) Tj ET Q q 0 0 0 rg BT 388.12 719.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 405.09 719.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 445.95 719.10 Td (Debt ) Tj ET Q q 0 0 0 rg BT 467.92 719.10 Td (is ) Tj ET Q q 0 0 0 rg BT 477.12 719.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 509.63 719.10 Td (as ) Tj ET Q q 0 0 0 rg BT 520.49 719.10 Td (total ) Tj ET Q q 0 0 0 rg BT 540.80 719.10 Td (debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 707.10 Td (less ) Tj ET Q q 0 0 0 rg BT 72.86 707.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 94.48 707.10 Td (and ) Tj ET Q q 0 0 0 rg BT 112.77 707.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 134.40 707.10 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 183.79 707.10 Td (\(Net ) Tj ET Q q 0 0 0 rg BT 205.42 707.10 Td (Debt\), ) Tj ET Q q 0 0 0 rg BT 234.54 707.10 Td (further ) Tj ET Q q 0 0 0 rg BT 265.61 707.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 302.79 707.10 Td (to ) Tj ET Q q 0 0 0 rg BT 314.42 707.10 Td (exclude ) Tj ET Q q 0 0 0 rg BT 349.37 707.10 Td (the ) Tj ET Q q 0 0 0 rg BT 365.44 707.10 Td (funded ) Tj ET Q q 0 0 0 rg BT 397.07 707.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 429.81 707.10 Td (of ) Tj ET Q q 0 0 0 rg BT 441.99 707.10 Td (the ) Tj ET Q q 0 0 0 rg BT 458.07 707.10 Td (self-liquidating ) Tj ET Q q 0 0 0 rg BT 523.02 707.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 695.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 102.80 695.10 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 144.12 695.10 Td (which ) Tj ET Q q 0 0 0 rg BT 172.38 695.10 Td (is ) Tj ET Q q 0 0 0 rg BT 182.88 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 198.92 695.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 231.64 695.10 Td (of ) Tj ET Q q 0 0 0 rg BT 243.79 695.10 Td (our ) Tj ET Q q 0 0 0 rg BT 260.95 695.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 309.75 695.10 Td (from ) Tj ET Q q 0 0 0 rg BT 333.01 695.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 374.60 695.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 414.53 695.10 Td (that ) Tj ET Q q 0 0 0 rg BT 433.35 695.10 Td (we ) Tj ET Q q 0 0 0 rg BT 448.84 695.10 Td (fund ) Tj ET Q q 0 0 0 rg BT 470.99 695.10 Td (with ) Tj ET Q q 0 0 0 rg BT 492.60 695.10 Td (external ) Tj ET Q q 0 0 0 rg BT 528.63 695.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 549.67 695.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 683.10 Td (intercompany ) Tj ET Q q 0 0 0 rg BT 111.48 683.10 Td (loans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 659.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 659.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.31 659.10 Td (following ) Tj ET Q q 0 0 0 rg BT 147.95 659.10 Td (table ) Tj ET Q q 0 0 0 rg BT 169.15 659.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 185.91 659.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 207.11 659.10 Td (a ) Tj ET Q q 0 0 0 rg BT 213.31 659.10 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 270.04 659.10 Td (of ) Tj ET Q q 0 0 0 rg BT 280.13 659.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 296.33 659.10 Td (Debt ) Tj ET Q q 0 0 0 rg BT 317.53 659.10 Td (and ) Tj ET Q q 0 0 0 rg BT 333.73 659.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 349.93 659.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 390.01 659.10 Td (Debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.21 659.10 Td (at ) Tj ET Q q 0 0 0 rg BT 420.19 659.10 Td (September ) Tj ET Q q 0 0 0 rg BT 464.71 659.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.21 659.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.97 659.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.97 659.10 Td ( ) Tj ET Q q 0 0 0 rg BT 500.73 659.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.93 659.10 Td (December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 647.10 Td (31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 647.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 647.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 647.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 582.60 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 582.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 582.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 582.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 554.60 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 554.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 554.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 554.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 526.60 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 526.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 526.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 526.60 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 610.6 m 453.5 610.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 610.6 m 557.5 610.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 610.6 m 453.5 610.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 596.6 m 453.5 596.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 610.6 m 557.5 610.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 596.6 m 557.5 596.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 554.6 m 453.5 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 554.6 m 557.5 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 554.6 m 453.5 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 540.6 m 453.5 540.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 554.6 m 557.5 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 540.6 m 557.5 540.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 526.6 m 453.5 526.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 540.6 m 557.5 540.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 526.6 m 453.5 526.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 513.6 m 453.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 511.6 m 453.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 526.6 m 557.5 526.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 513.6 m 557.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 511.6 m 557.5 511.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.70 615.05 Td (At September) Tj ET Q q 0 0 0 rg BT 422.85 615.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.95 615.05 Td (At December) Tj ET Q q 0 0 0 rg BT 525.59 615.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 601.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.00 601.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.60 587.06 Td (\( million\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 573.06 Td (Cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.50 573.06 Td (753) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 573.06 Td (648) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 559.06 Td (Debt) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.75 559.06 Td (\(1,887) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 559.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.75 559.06 Td (\(1,806) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 559.06 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 545.05 Td (Net Debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.75 545.05 Td (\(1,134) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.00 545.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.75 545.05 Td (\(1,158) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 554.00 545.05 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 531.06 Td (Funded portion of the self-liquidating financial receivables portfolio) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.50 531.06 Td (762) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 531.06 Td (685) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 517.05 Td (Net Industrial Debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.50 517.05 Td (\(372) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.00 517.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.50 517.05 Td (\(473) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 554.00 517.05 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 489.10 Td (Fr) Tj ET Q q 0 0 0 rg BT 63.63 489.10 Td (ee ) Tj ET Q q 0 0 0 rg BT 75.01 489.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 98.07 489.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 121.12 489.10 Td (and ) Tj ET Q q 0 0 0 rg BT 138.62 489.10 Td (Fr) Tj ET Q q 0 0 0 rg BT 148.25 489.10 Td (ee ) Tj ET Q q 0 0 0 rg BT 159.63 489.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 182.69 489.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 205.75 489.10 Td (fr) Tj ET Q q 0 0 0 rg BT 212.05 489.10 Td (om ) Tj ET Q q 0 0 0 rg BT 226.77 489.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 268.54 489.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 477.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 465.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 465.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 110.44 465.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 133.12 465.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 156.36 465.10 Td (and ) Tj ET Q q 0 0 0 rg BT 173.47 465.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 193.92 465.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 216.59 465.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 239.83 465.10 Td (from ) Tj ET Q q 0 0 0 rg BT 261.94 465.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 302.35 465.10 Td (Activities ) Tj ET Q q 0 0 0 rg BT 343.91 465.10 Td (are ) Tj ET Q q 0 0 0 rg BT 358.79 465.10 Td (two ) Tj ET Q q 0 0 0 rg BT 376.47 465.10 Td (of ) Tj ET Q q 0 0 0 rg BT 387.48 465.10 Td (our ) Tj ET Q q 0 0 0 rg BT 403.48 465.10 Td (primary ) Tj ET Q q 0 0 0 rg BT 437.81 465.10 Td (key ) Tj ET Q q 0 0 0 rg BT 454.93 465.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 508.13 465.10 Td (indicators ) Tj ET Q q 0 0 0 rg BT 550.23 465.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 453.10 Td (measure ) Tj ET Q q 0 0 0 rg BT 89.18 453.10 Td (the ) Tj ET Q q 0 0 0 rg BT 103.25 453.10 Td (Group) Tj ET Q q 0 0 0 rg BT 131.58 453.10 Td (s ) Tj ET Q q 0 0 0 rg BT 137.33 453.10 Td (performance. ) Tj ET Q q 0 0 0 rg BT 192.08 453.10 Td (These ) Tj ET Q q 0 0 0 rg BT 217.82 453.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 256.89 453.10 Td (are ) Tj ET Q q 0 0 0 rg BT 270.96 453.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 311.13 453.10 Td (by ) Tj ET Q q 0 0 0 rg BT 322.99 453.10 Td (management ) Tj ET Q q 0 0 0 rg BT 375.94 453.10 Td (to ) Tj ET Q q 0 0 0 rg BT 385.58 453.10 Td (aid ) Tj ET Q q 0 0 0 rg BT 399.66 453.10 Td (investors ) Tj ET Q q 0 0 0 rg BT 437.63 453.10 Td (in ) Tj ET Q q 0 0 0 rg BT 447.26 453.10 Td (their ) Tj ET Q q 0 0 0 rg BT 467.45 453.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 501.53 453.10 Td (of ) Tj ET Q q 0 0 0 rg BT 511.72 453.10 Td (the ) Tj ET Q q 0 0 0 rg BT 525.79 453.10 Td (Group) Tj ET Q q 0 0 0 rg BT 554.12 453.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 441.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 90.70 441.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 142.95 441.10 Td (and ) Tj ET Q q 0 0 0 rg BT 159.11 441.10 Td (to ) Tj ET Q q 0 0 0 rg BT 168.61 441.10 Td (compare ) Tj ET Q q 0 0 0 rg BT 204.76 441.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.70 441.10 Td (Group's ) Tj ET Q q 0 0 0 rg BT 251.66 441.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 288.37 441.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 340.61 441.10 Td (with ) Tj ET Q q 0 0 0 rg BT 360.11 441.10 Td (that ) Tj ET Q q 0 0 0 rg BT 376.83 441.10 Td (of ) Tj ET Q q 0 0 0 rg BT 386.88 441.10 Td (other ) Tj ET Q q 0 0 0 rg BT 409.15 441.10 Td (companies. ) Tj ET Q q 0 0 0 rg BT 456.14 441.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 475.63 441.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 497.35 441.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 519.64 441.10 Td (is ) Tj ET Q q 0 0 0 rg BT 528.03 441.10 Td (defined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 429.10 Td (as ) Tj ET Q q 0 0 0 rg BT 64.69 429.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 84.83 429.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 109.41 429.10 Td (from ) Tj ET Q q 0 0 0 rg BT 131.21 429.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 171.34 429.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 209.80 429.10 Td (less ) Tj ET Q q 0 0 0 rg BT 227.16 429.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 247.30 429.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 271.88 429.10 Td (used ) Tj ET Q q 0 0 0 rg BT 292.57 429.10 Td (in ) Tj ET Q q 0 0 0 rg BT 302.72 429.10 Td (investing ) Tj ET Q q 0 0 0 rg BT 341.74 429.10 Td (activities. ) Tj ET Q q 0 0 0 rg BT 382.71 429.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 402.84 429.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 425.20 429.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 448.13 429.10 Td (from ) Tj ET Q q 0 0 0 rg BT 469.93 429.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 510.09 429.10 Td (Activities ) Tj ET Q q 0 0 0 rg BT 551.34 429.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 417.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 86.29 417.10 Td (as ) Tj ET Q q 0 0 0 rg BT 96.93 417.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 117.01 417.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 139.32 417.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 162.19 417.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 197.83 417.10 Td (for ) Tj ET Q q 0 0 0 rg BT 211.80 417.10 Td (the ) Tj ET Q q 0 0 0 rg BT 226.32 417.10 Td (change ) Tj ET Q q 0 0 0 rg BT 256.95 417.10 Td (in ) Tj ET Q q 0 0 0 rg BT 267.04 417.10 Td (the ) Tj ET Q q 0 0 0 rg BT 281.56 417.10 Td (self-liquidating ) Tj ET Q q 0 0 0 rg BT 344.97 417.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 382.26 417.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 429.54 417.10 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 469.35 417.10 Td (which ) Tj ET Q q 0 0 0 rg BT 496.09 417.10 Td (is ) Tj ET Q q 0 0 0 rg BT 505.07 417.10 Td (the ) Tj ET Q q 0 0 0 rg BT 519.60 417.10 Td (change ) Tj ET Q q 0 0 0 rg BT 550.23 417.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 405.10 Td (our ) Tj ET Q q 0 0 0 rg BT 69.41 405.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 116.47 405.10 Td (from ) Tj ET Q q 0 0 0 rg BT 137.99 405.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 177.83 405.10 Td (activities. ) Tj ET Q q 0 0 0 rg BT 218.36 405.10 Td (The ) Tj ET Q q 0 0 0 rg BT 235.99 405.10 Td (following ) Tj ET Q q 0 0 0 rg BT 276.96 405.10 Td (table ) Tj ET Q q 0 0 0 rg BT 298.48 405.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 315.56 405.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 337.08 405.10 Td (our ) Tj ET Q q 0 0 0 rg BT 352.49 405.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 372.35 405.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 394.43 405.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 417.07 405.10 Td (and ) Tj ET Q q 0 0 0 rg BT 433.59 405.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 453.44 405.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 475.53 405.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 498.17 405.10 Td (from ) Tj ET Q q 0 0 0 rg BT 519.69 405.10 Td (Industrial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 393.10 Td (Activities ) Tj ET Q q 0 0 0 rg BT 95.38 393.10 Td (for ) Tj ET Q q 0 0 0 rg BT 109.54 393.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.26 393.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.48 393.10 Td ( ) Tj ET Q q 0 0 0 rg BT 143.98 393.10 Td (months ) Tj ET Q q 0 0 0 rg BT 175.92 393.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 202.30 393.10 Td (September ) Tj ET Q q 0 0 0 rg BT 247.56 393.10 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.56 393.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.56 393.10 Td ( ) Tj ET Q q 0 0 0 rg BT 285.06 393.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.00 393.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 393.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 328.60 301.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 328.60 97.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 328.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.50 328.60 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 300.60 301.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 300.60 97.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 300.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.50 300.60 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 272.60 301.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 272.60 97.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 272.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.50 272.60 102.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 356.6 m 451.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 356.6 m 455.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 356.6 m 557.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 356.6 m 451.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 342.6 m 451.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 356.6 m 455.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 356.6 m 557.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 342.6 m 557.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 342.6 m 451.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 342.6 m 557.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 300.6 m 451.5 300.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 286.6 m 451.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 300.6 m 557.5 300.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 286.6 m 557.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 272.6 m 451.5 272.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 259.6 m 451.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 257.6 m 451.5 257.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 272.6 m 557.5 272.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 259.6 m 557.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 257.6 m 557.5 257.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.50 361.05 Td (For) Tj ET Q q 0 0 0 rg BT 391.33 361.05 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 523.92 361.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 347.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 347.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.10 333.06 Td (\( million\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 319.06 Td (Cash flows from operating activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.50 319.06 Td (619) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.50 319.06 Td (507) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 305.06 Td (Cash flows used in investing activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.50 305.06 Td (\(403) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 448.00 305.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.50 305.06 Td (\(239) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 305.06 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 291.05 Td (Fr) Tj ET Q q 0 0 0 rg BT 65.33 291.05 Td (ee Cash Flow) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.50 291.05 Td (216) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 291.05 Td (268) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 277.06 Td (Change in the self-liquidating financial receivables portfolio) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 277.06 Td (71) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 277.06 Td (47) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 263.05 Td (Fr) Tj ET Q q 0 0 0 rg BT 65.33 263.05 Td (ee Cash Flow fr) Tj ET Q q 0 0 0 rg BT 125.40 263.05 Td (om Industrial ) Tj ET Q q 0 0 0 rg BT 179.92 263.05 Td (Activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.50 263.05 Td (287) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 263.05 Td (315) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 235.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 235.10 Td (Cash flows used in investing activities for the nine months ended September 30, 2017 are net of 8 million proceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 223.10 Td (from exercising the Delta ) Tj ET Q q 0 0 0 rg BT 158.22 223.10 Td (T) Tj ET Q q 0 0 0 rg BT 163.63 223.10 Td (opco option.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 199.10 Td (Constant ) Tj ET Q q 0 0 0 rg BT 92.62 199.10 Td (Curr) Tj ET Q q 0 0 0 rg BT 111.70 199.10 Td (ency ) Tj ET Q q 0 0 0 rg BT 132.52 199.10 Td (Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 175.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 175.10 Td (The ) Tj ET Q q 0 0 0 rg BT 108.83 175.10 Td (Results ) Tj ET Q q 0 0 0 rg BT 146.00 175.10 Td (of ) Tj ET Q q 0 0 0 rg BT 157.61 175.10 Td (Operations ) Tj ET Q q 0 0 0 rg BT 209.21 175.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 254.16 175.10 Td (below ) Tj ET Q q 0 0 0 rg BT 281.88 175.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 318.49 175.10 Td (information ) Tj ET Q q 0 0 0 rg BT 368.99 175.10 Td (about ) Tj ET Q q 0 0 0 rg BT 394.49 175.10 Td (our ) Tj ET Q q 0 0 0 rg BT 411.10 175.10 Td (net ) Tj ET Q q 0 0 0 rg BT 426.60 175.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 465.42 175.10 Td (on ) Tj ET Q q 0 0 0 rg BT 478.70 175.10 Td (a ) Tj ET Q q 0 0 0 rg BT 486.42 175.10 Td (constant ) Tj ET Q q 0 0 0 rg BT 523.03 175.10 Td (currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 163.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 79.36 163.10 Td (which ) Tj ET Q q 0 0 0 rg BT 106.66 163.10 Td (eliminates ) Tj ET Q q 0 0 0 rg BT 150.61 163.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.69 163.10 Td (ef) Tj ET Q q 0 0 0 rg BT 173.28 163.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 195.01 163.10 Td (of ) Tj ET Q q 0 0 0 rg BT 206.20 163.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 237.94 163.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 275.77 163.10 Td (translation ) Tj ET Q q 0 0 0 rg BT 320.84 163.10 Td (from ) Tj ET Q q 0 0 0 rg BT 343.14 163.10 Td (our ) Tj ET Q q 0 0 0 rg BT 359.33 163.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 409.41 163.10 Td (with ) Tj ET Q q 0 0 0 rg BT 430.04 163.10 Td (functional ) Tj ET Q q 0 0 0 rg BT 473.44 163.10 Td (currencies ) Tj ET Q q 0 0 0 rg BT 517.39 163.10 Td (other ) Tj ET Q q 0 0 0 rg BT 540.79 163.10 Td (than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 151.10 Td (Euro, ) Tj ET Q q 0 0 0 rg BT 78.97 151.10 Td (as ) Tj ET Q q 0 0 0 rg BT 90.33 151.10 Td (well ) Tj ET Q q 0 0 0 rg BT 110.58 151.10 Td (as ) Tj ET Q q 0 0 0 rg BT 121.94 151.10 Td (the ) Tj ET Q q 0 0 0 rg BT 137.19 151.10 Td (ef) Tj ET Q q 0 0 0 rg BT 144.78 151.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 166.69 151.10 Td (of ) Tj ET Q q 0 0 0 rg BT 178.05 151.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 209.96 151.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 247.97 151.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 294.87 151.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 325.12 151.10 Td (and ) Tj ET Q q 0 0 0 rg BT 342.59 151.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 374.50 151.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 412.51 151.10 Td (hedging. ) Tj ET Q q 0 0 0 rg BT 450.04 151.10 Td (W) Tj ET Q q 0 0 0 rg BT 458.67 151.10 Td (e ) Tj ET Q q 0 0 0 rg BT 466.14 151.10 Td (use ) Tj ET Q q 0 0 0 rg BT 482.51 151.10 Td (this ) Tj ET Q q 0 0 0 rg BT 499.99 151.10 Td (information ) Tj ET Q q 0 0 0 rg BT 550.23 151.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 139.10 Td (assess ) Tj ET Q q 0 0 0 rg BT 81.15 139.10 Td (how ) Tj ET Q q 0 0 0 rg BT 101.07 139.10 Td (the ) Tj ET Q q 0 0 0 rg BT 115.99 139.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 162.02 139.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 200.26 139.10 Td (changed ) Tj ET Q q 0 0 0 rg BT 236.28 139.10 Td (independent ) Tj ET Q q 0 0 0 rg BT 287.85 139.10 Td (of ) Tj ET Q q 0 0 0 rg BT 298.88 139.10 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 348.80 139.10 Td (in ) Tj ET Q q 0 0 0 rg BT 359.28 139.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 390.86 139.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 428.54 139.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 468.99 139.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 490.57 139.10 Td (and ) Tj ET Q q 0 0 0 rg BT 507.71 139.10 Td (hedging. ) Tj ET Q q 0 0 0 rg BT 544.94 139.10 Td (W) Tj ET Q q 0 0 0 rg BT 553.58 139.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 127.10 Td (calculate ) Tj ET Q q 0 0 0 rg BT 91.92 127.10 Td (constant ) Tj ET Q q 0 0 0 rg BT 127.65 127.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 165.02 127.10 Td (by ) Tj ET Q q 0 0 0 rg BT 177.41 127.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 189.25 127.10 Td (applying ) Tj ET Q q 0 0 0 rg BT 226.64 127.10 Td (the ) Tj ET Q q 0 0 0 rg BT 241.25 127.10 Td (prior) Tj ET Q q 0 0 0 rg BT 260.49 127.10 Td (-period ) Tj ET Q q 0 0 0 rg BT 291.77 127.10 Td (average ) Tj ET Q q 0 0 0 rg BT 325.25 127.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 356.52 127.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 393.89 127.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 434.04 127.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 455.32 127.10 Td (to ) Tj ET Q q 0 0 0 rg BT 465.49 127.10 Td (translate ) Tj ET Q q 0 0 0 rg BT 501.76 127.10 Td (current ) Tj ET Q q 0 0 0 rg BT 532.47 127.10 Td (period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 115.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 91.38 115.10 Td (expressed ) Tj ET Q q 0 0 0 rg BT 132.65 115.10 Td (in ) Tj ET Q q 0 0 0 rg BT 142.27 115.10 Td (local ) Tj ET Q q 0 0 0 rg BT 163.55 115.10 Td (functional ) Tj ET Q q 0 0 0 rg BT 205.94 115.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 242.75 115.10 Td (other ) Tj ET Q q 0 0 0 rg BT 265.15 115.10 Td (than ) Tj ET Q q 0 0 0 rg BT 284.21 115.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.27 115.10 Td (Euro ) Tj ET Q q 0 0 0 rg BT 319.55 115.10 Td (of ) Tj ET Q q 0 0 0 rg BT 329.72 115.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 360.44 115.10 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 412.00 115.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 426.06 115.10 Td (applying ) Tj ET Q q 0 0 0 rg BT 462.90 115.10 Td (the ) Tj ET Q q 0 0 0 rg BT 476.96 115.10 Td (prior) Tj ET Q q 0 0 0 rg BT 496.20 115.10 Td (-period ) Tj ET Q q 0 0 0 rg BT 526.92 115.10 Td (average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 103.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 85.80 103.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 123.69 103.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 164.37 103.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 186.16 103.10 Td (to ) Tj ET Q q 0 0 0 rg BT 196.86 103.10 Td (current ) Tj ET Q q 0 0 0 rg BT 228.10 103.10 Td (period ) Tj ET Q q 0 0 0 rg BT 256.56 103.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 295.02 103.10 Td (originated ) Tj ET Q q 0 0 0 rg BT 338.48 103.10 Td (in ) Tj ET Q q 0 0 0 rg BT 349.18 103.10 Td (a ) Tj ET Q q 0 0 0 rg BT 356.54 103.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 394.43 103.10 Td (other ) Tj ET Q q 0 0 0 rg BT 417.90 103.10 Td (than ) Tj ET Q q 0 0 0 rg BT 438.04 103.10 Td (the ) Tj ET Q q 0 0 0 rg BT 453.17 103.10 Td (functional ) Tj ET Q q 0 0 0 rg BT 496.64 103.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 534.53 103.10 Td (of ) Tj ET Q q 0 0 0 rg BT 545.78 103.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 91.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 97.96 91.10 Td (entity) Tj ET Q q 0 0 0 rg BT 120.09 91.10 Td (, ) Tj ET Q q 0 0 0 rg BT 125.46 91.10 Td (and ) Tj ET Q q 0 0 0 rg BT 142.78 91.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 160.65 91.10 Td (eliminating ) Tj ET Q q 0 0 0 rg BT 209.07 91.10 Td (the ) Tj ET Q q 0 0 0 rg BT 224.16 91.10 Td (variances ) Tj ET Q q 0 0 0 rg BT 264.79 91.10 Td (of ) Tj ET Q q 0 0 0 rg BT 275.99 91.10 Td (any ) Tj ET Q q 0 0 0 rg BT 293.31 91.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 325.06 91.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 362.91 91.10 Td (hedging ) Tj ET Q q 0 0 0 rg BT 398.00 91.10 Td (\(see ) Tj ET Q q 0 0 0 rg BT 416.98 91.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 439.29 91.10 Td (5 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 447.16 91.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 478.93 91.10 Td (Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.27 91.10 Td ( ) Tj ET Q q 0 0 0 rg BT 535.15 91.10 Td (to ) Tj ET Q q 0 0 0 rg BT 545.80 91.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 79.10 Td (Interim ) Tj ET Q q 0 0 0 rg BT 85.63 79.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 132.27 79.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 187.25 79.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 226.66 79.10 Td (Statements, ) Tj ET Q q 0 0 0 rg BT 275.25 79.10 Td (included ) Tj ET Q q 0 0 0 rg BT 311.88 79.10 Td (in ) Tj ET Q q 0 0 0 rg BT 321.86 79.10 Td (this ) Tj ET Q q 0 0 0 rg BT 338.51 79.10 Td (Interim ) Tj ET Q q 0 0 0 rg BT 370.14 79.10 Td (Report, ) Tj ET Q q 0 0 0 rg BT 402.06 79.10 Td (for ) Tj ET Q q 0 0 0 rg BT 415.92 79.10 Td (information ) Tj ET Q q 0 0 0 rg BT 465.34 79.10 Td (on ) Tj ET Q q 0 0 0 rg BT 477.54 79.10 Td (the ) Tj ET Q q 0 0 0 rg BT 491.96 79.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 523.03 79.10 Td (currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 67.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 94.66 67.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 116.44 67.10 Td (applied\). ) Tj ET Q q 0 0 0 rg BT 153.97 67.10 Td (Although ) Tj ET Q q 0 0 0 rg BT 194.65 67.10 Td (we ) Tj ET Q q 0 0 0 rg BT 209.21 67.10 Td (do ) Tj ET Q q 0 0 0 rg BT 222.12 67.10 Td (not ) Tj ET Q q 0 0 0 rg BT 237.80 67.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 269.58 67.10 Td (that ) Tj ET Q q 0 0 0 rg BT 287.48 67.10 Td (these ) Tj ET Q q 0 0 0 rg BT 310.93 67.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 351.04 67.10 Td (are ) Tj ET Q q 0 0 0 rg BT 366.15 67.10 Td (a ) Tj ET Q q 0 0 0 rg BT 373.49 67.10 Td (substitute ) Tj ET Q q 0 0 0 rg BT 414.73 67.10 Td (for ) Tj ET Q q 0 0 0 rg BT 429.30 67.10 Td (GAAP) Tj ET Q q 0 0 0 rg BT 456.15 67.10 Td ( ) Tj ET Q q 0 0 0 rg BT 459.06 67.10 Td (measures, ) Tj ET Q q 0 0 0 rg BT 501.67 67.10 Td (we ) Tj ET Q q 0 0 0 rg BT 516.23 67.10 Td (do ) Tj ET Q q 0 0 0 rg BT 529.14 67.10 Td (believe ) Tj ET Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 41.20 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 731.10 Td (that ) Tj ET Q q 0 0 0 rg BT 71.34 731.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 109.21 731.10 Td (excluding ) Tj ET Q q 0 0 0 rg BT 150.99 731.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.54 731.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 195.10 731.10 Td (of ) Tj ET Q q 0 0 0 rg BT 205.77 731.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 243.08 731.10 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 292.63 731.10 Td (year) Tj ET Q q 0 0 0 rg BT 309.64 731.10 Td (-on-year ) Tj ET Q q 0 0 0 rg BT 345.85 731.10 Td (and ) Tj ET Q q 0 0 0 rg BT 362.63 731.10 Td (the ) Tj ET Q q 0 0 0 rg BT 377.19 731.10 Td (impacts ) Tj ET Q q 0 0 0 rg BT 410.63 731.10 Td (of ) Tj ET Q q 0 0 0 rg BT 421.30 731.10 Td (hedging, ) Tj ET Q q 0 0 0 rg BT 458.36 731.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 491.24 731.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 533.57 731.10 Td (useful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 719.10 Td (information ) Tj ET Q q 0 0 0 rg BT 103.71 719.10 Td (to ) Tj ET Q q 0 0 0 rg BT 113.99 719.10 Td (investors ) Tj ET Q q 0 0 0 rg BT 152.60 719.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 193.41 719.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.13 719.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 248.39 719.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 301.42 719.10 Td (on ) Tj ET Q q 0 0 0 rg BT 313.92 719.10 Td (a ) Tj ET Q q 0 0 0 rg BT 320.86 719.10 Td (local ) Tj ET Q q 0 0 0 rg BT 342.79 719.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 380.26 719.10 Td (basis.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 707.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 677.70 Td (Results ) Tj ET Q q 0 0 0 rg BT 83.61 677.70 Td (of ) Tj ET Q q 0 0 0 rg BT 94.44 677.70 Td (Operations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 648.30 Td (Thr) Tj ET Q q 0 0 0 rg BT 66.49 648.30 Td (ee ) Tj ET Q q 0 0 0 rg BT 77.87 648.30 Td (months ) Tj ET Q q 0 0 0 rg BT 112.04 648.30 Td (ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 140.10 648.30 Td (September) Tj ET Q q 0 0 0 rg BT 186.02 648.30 Td (30, ) Tj ET Q q 0 0 0 rg BT 203.52 648.30 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 223.52 648.30 Td ( ) Tj ET Q q 0 0 0 rg BT 226.02 648.30 Td (compar) Tj ET Q q 0 0 0 rg BT 258.61 648.30 Td (ed ) Tj ET Q q 0 0 0 rg BT 271.11 648.30 Td (to ) Tj ET Q q 0 0 0 rg BT 281.94 648.30 Td (thr) Tj ET Q q 0 0 0 rg BT 295.09 648.30 Td (ee ) Tj ET Q q 0 0 0 rg BT 306.46 648.30 Td (months ) Tj ET Q q 0 0 0 rg BT 340.64 648.30 Td (ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.70 648.30 Td (September) Tj ET Q q 0 0 0 rg BT 414.62 648.30 Td (30, ) Tj ET Q q 0 0 0 rg BT 432.12 648.30 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.12 648.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.30 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 624.30 Td (The ) Tj ET Q q 0 0 0 rg BT 104.10 624.30 Td (following ) Tj ET Q q 0 0 0 rg BT 145.54 624.30 Td (is ) Tj ET Q q 0 0 0 rg BT 154.76 624.30 Td (a ) Tj ET Q q 0 0 0 rg BT 161.75 624.30 Td (discussion ) Tj ET Q q 0 0 0 rg BT 205.98 624.30 Td (of ) Tj ET Q q 0 0 0 rg BT 216.86 624.30 Td (the ) Tj ET Q q 0 0 0 rg BT 231.63 624.30 Td (results ) Tj ET Q q 0 0 0 rg BT 260.29 624.30 Td (of ) Tj ET Q q 0 0 0 rg BT 271.17 624.30 Td (operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.38 624.30 Td (for ) Tj ET Q q 0 0 0 rg BT 329.59 624.30 Td (the ) Tj ET Q q 0 0 0 rg BT 344.36 624.30 Td (three ) Tj ET Q q 0 0 0 rg BT 366.90 624.30 Td (months ) Tj ET Q q 0 0 0 rg BT 398.90 624.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 425.33 624.30 Td (September ) Tj ET Q q 0 0 0 rg BT 470.65 624.30 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 624.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.70 624.30 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.70 624.30 Td ( ) Tj ET Q q 0 0 0 rg BT 508.25 624.30 Td (compared ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.23 624.30 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.30 Td (the ) Tj ET Q q 0 0 0 rg BT 64.73 612.30 Td (three ) Tj ET Q q 0 0 0 rg BT 87.23 612.30 Td (months ) Tj ET Q q 0 0 0 rg BT 119.19 612.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 145.58 612.30 Td (September ) Tj ET Q q 0 0 0 rg BT 190.85 612.30 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.35 612.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.86 612.30 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.86 612.30 Td (. ) Tj ET Q q 0 0 0 rg BT 230.69 612.30 Td (The ) Tj ET Q q 0 0 0 rg BT 248.75 612.30 Td (discussion ) Tj ET Q q 0 0 0 rg BT 292.94 612.30 Td (of ) Tj ET Q q 0 0 0 rg BT 303.78 612.30 Td (certain ) Tj ET Q q 0 0 0 rg BT 333.49 612.30 Td (line ) Tj ET Q q 0 0 0 rg BT 351.00 612.30 Td (items ) Tj ET Q q 0 0 0 rg BT 375.18 612.30 Td (includes ) Tj ET Q q 0 0 0 rg BT 411.01 612.30 Td (a ) Tj ET Q q 0 0 0 rg BT 417.97 612.30 Td (presentation ) Tj ET Q q 0 0 0 rg BT 469.35 612.30 Td (of ) Tj ET Q q 0 0 0 rg BT 480.19 612.30 Td (such ) Tj ET Q q 0 0 0 rg BT 501.03 612.30 Td (line ) Tj ET Q q 0 0 0 rg BT 518.54 612.30 Td (items ) Tj ET Q q 0 0 0 rg BT 542.72 612.30 Td (as ) Tj ET Q q 0 0 0 rg BT 553.56 612.30 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.30 Td (percentage ) Tj ET Q q 0 0 0 rg BT 95.80 600.30 Td (of ) Tj ET Q q 0 0 0 rg BT 106.63 600.30 Td (net ) Tj ET Q q 0 0 0 rg BT 121.35 600.30 Td (revenues ) Tj ET Q q 0 0 0 rg BT 159.38 600.30 Td (for ) Tj ET Q q 0 0 0 rg BT 173.54 600.30 Td (the ) Tj ET Q q 0 0 0 rg BT 188.26 600.30 Td (respective ) Tj ET Q q 0 0 0 rg BT 231.29 600.30 Td (periods ) Tj ET Q q 0 0 0 rg BT 263.23 600.30 Td (presented, ) Tj ET Q q 0 0 0 rg BT 306.55 600.30 Td (to ) Tj ET Q q 0 0 0 rg BT 316.83 600.30 Td (facilitate ) Tj ET Q q 0 0 0 rg BT 354.30 600.30 Td (period-to-period ) Tj ET Q q 0 0 0 rg BT 422.33 600.30 Td (comparisons.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 526.80 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 526.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 526.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 526.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 526.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 526.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 526.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 526.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 498.80 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 498.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 498.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 498.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 498.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 498.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 498.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 498.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 470.80 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 470.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 470.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 470.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 470.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 470.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 470.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 470.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 442.80 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 442.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 442.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 442.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 442.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 442.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 442.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 442.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 414.80 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 414.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 414.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 414.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 414.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 414.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 414.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 414.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 386.80 232.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 386.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 386.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 386.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 386.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 386.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 386.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 386.80 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 563.8 m 348.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 563.8 m 352.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 563.8 m 417.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 563.8 m 421.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 563.8 m 486.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 563.8 m 490.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 563.8 m 555.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 563.8 m 348.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 540.8 m 348.5 540.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 563.8 m 417.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 540.8 m 417.5 540.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 563.8 m 486.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 540.8 m 486.5 540.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 563.8 m 555.5 563.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 540.8 m 555.5 540.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 442.8 m 348.5 442.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 442.8 m 417.5 442.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 442.8 m 486.5 442.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 442.8 m 555.5 442.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 442.8 m 348.5 442.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 442.8 m 486.5 442.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 414.8 m 348.5 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 414.8 m 417.5 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 414.8 m 486.5 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 414.8 m 555.5 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 386.8 m 348.5 386.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 386.8 m 417.5 386.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 386.8 m 486.5 386.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 386.8 m 555.5 386.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 373.8 m 348.5 373.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 371.8 m 348.5 371.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 373.8 m 417.5 373.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 371.8 m 417.5 371.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 373.8 m 486.5 373.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 371.8 m 486.5 371.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 373.8 m 555.5 373.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 371.8 m 555.5 371.8 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.35 568.25 Td (For) Tj ET Q q 0 0 0 rg BT 353.18 568.25 Td ( the thr) Tj ET Q q 0 0 0 rg BT 381.51 568.25 Td (ee months ended September) Tj ET Q q 0 0 0 rg BT 489.09 568.25 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.50 545.25 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.45 554.25 Td (Per) Tj ET Q q 0 0 0 rg BT 371.77 554.25 Td (centage of ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.45 545.25 Td (net r) Tj ET Q q 0 0 0 rg BT 378.53 545.25 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.50 545.25 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.45 554.25 Td (Per) Tj ET Q q 0 0 0 rg BT 509.77 554.25 Td (centage of ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.45 545.25 Td (net r) Tj ET Q q 0 0 0 rg BT 516.53 545.25 Td (evenues) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.25 531.26 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 517.66 Td (Net revenues) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 331.50 517.66 Td (838) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.25 517.66 Td (100.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 517.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.50 517.66 Td (836) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 517.66 Td (100.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 517.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 503.66 Td (Cost of sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 331.50 503.66 Td (402) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 390.75 503.66 Td (47.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 503.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.50 503.66 Td (396) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 503.66 Td (47.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 503.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 489.66 Td (Selling, general and administrative costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.00 489.66 Td (87) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 390.75 489.66 Td (10.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 489.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.00 489.66 Td (91) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 489.66 Td (10.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 489.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 475.66 Td (Research and development costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 331.50 475.66 Td (143) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 390.75 475.66 Td (17.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 475.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.50 475.66 Td (147) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 475.66 Td (17.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 475.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 461.66 Td (Other expenses, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 340.50 461.66 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.25 461.66 Td (0.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 461.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.50 461.66 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 461.66 Td (0.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 461.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 447.66 Td (Result from investments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 340.50 447.66 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.25 447.66 Td (0.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 447.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.50 447.66 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 447.66 Td (0.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 447.66 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 433.75 Td (EBIT) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 433.75 Td (203) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.75 433.75 Td (24.2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 433.75 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.50 433.75 Td (202) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 433.75 Td (24.2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 433.75 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 419.66 Td (Net financial expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 340.50 419.66 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.25 419.66 Td (0.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 419.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.50 419.66 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 419.66 Td (1.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 419.66 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 405.75 Td (Pr) Tj ET Q q 0 0 0 rg BT 63.33 405.75 Td (ofit befor) Tj ET Q q 0 0 0 rg BT 98.90 405.75 Td (e taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 405.75 Td (197) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.75 405.75 Td (23.5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 405.75 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.50 405.75 Td (194) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 405.75 Td (23.2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 405.75 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 391.66 Td (Income tax \(benefit\)/expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 333.00 391.66 Td (\(90) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 345.00 391.66 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.75 391.66 Td (\(10.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 406.50 391.66 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.00 391.66 Td (53) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 391.66 Td (6.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 391.66 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 377.75 Td (Net pr) Tj ET Q q 0 0 0 rg BT 78.58 377.75 Td (ofit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 377.75 Td (287) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.75 377.75 Td (34.3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 377.75 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.50 377.75 Td (141) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 377.75 Td (16.8) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 377.75 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 349.30 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.49 349.30 Td (r) Tj ET Q q 0 0 0 rg BT 71.75 349.30 Td (evenues) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 274.80 146.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 197.50 274.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 274.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 274.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 274.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 274.80 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 274.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 274.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 274.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 274.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 274.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 274.80 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 246.80 146.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 197.50 246.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 246.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 246.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 246.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 246.80 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 246.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 246.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 246.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 246.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 246.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 246.80 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 218.80 146.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 197.50 218.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 218.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 218.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 218.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 218.80 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 218.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 218.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 218.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 218.80 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 218.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 218.80 57.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 324.79999999999995 m 253.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 324.79999999999995 m 257.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 324.79999999999995 m 313.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 324.79999999999995 m 317.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 324.79999999999995 m 374.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 324.79999999999995 m 378.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 324.79999999999995 m 434.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 324.79999999999995 m 494.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 324.79999999999995 m 498.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 324.79999999999995 m 555.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 324.79999999999995 m 253.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 289.79999999999995 m 253.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 324.79999999999995 m 313.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 289.79999999999995 m 313.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 324.79999999999995 m 374.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 289.79999999999995 m 374.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 324.79999999999995 m 434.5 324.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 289.79999999999995 m 434.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 289.79999999999995 m 494.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 289.79999999999995 m 498.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 289.79999999999995 m 555.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 289.79999999999995 m 253.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 289.79999999999995 m 313.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 289.79999999999995 m 374.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 289.79999999999995 m 434.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 218.79999999999995 m 253.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 218.79999999999995 m 253.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 205.79999999999995 m 253.5 205.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 203.79999999999995 m 253.5 203.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 218.79999999999995 m 313.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 205.79999999999995 m 313.5 205.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 203.79999999999995 m 313.5 203.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 218.79999999999995 m 374.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 205.79999999999995 m 374.5 205.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 203.79999999999995 m 374.5 203.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 218.79999999999995 m 434.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 205.79999999999995 m 434.5 205.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 203.79999999999995 m 434.5 203.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 218.79999999999995 m 494.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 205.79999999999995 m 494.5 205.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 203.79999999999995 m 494.5 203.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 218.79999999999995 m 555.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 205.79999999999995 m 555.5 205.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 203.79999999999995 m 555.5 203.79999999999995 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 235.85 329.25 Td (For) Tj ET Q q 0 0 0 rg BT 249.68 329.25 Td ( the thr) Tj ET Q q 0 0 0 rg BT 278.01 329.25 Td (ee months ended September) Tj ET Q q 0 0 0 rg BT 385.59 329.25 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.90 329.25 Td (Incr) Tj ET Q q 0 0 0 rg BT 475.23 329.25 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 515.04 329.25 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 216.00 294.25 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.80 312.25 Td (Per) Tj ET Q q 0 0 0 rg BT 277.12 312.25 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.10 303.25 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.05 294.25 Td (r) Tj ET Q q 0 0 0 rg BT 271.88 294.25 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.50 294.25 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.80 312.25 Td (Per) Tj ET Q q 0 0 0 rg BT 398.12 312.25 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.10 303.25 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.05 294.25 Td (r) Tj ET Q q 0 0 0 rg BT 392.88 294.25 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 294.25 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.25 280.16 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 265.66 Td (Cars and spare parts ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 128.98 269.74 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 236.50 265.66 Td (616) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 288.25 265.66 Td (73.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.50 265.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.50 265.66 Td (605) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.25 265.66 Td (72.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.50 265.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 265.66 Td (1) Tj ET Q q 0 0 0 rg BT 486.50 265.66 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 265.66 Td (1.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 265.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 251.66 Td (Engines ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 85.25 255.74 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 241.00 251.66 Td (70) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.75 251.66 Td (8.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.50 251.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 362.00 251.66 Td (88) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.25 251.66 Td (10.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.50 251.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 479.00 251.66 Td (\(18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 251.66 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 251.66 Td (\(19.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 251.66 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 237.66 Td (Sponsorship, commercial and brand ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 185.72 241.74 Td (\(3\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 236.50 237.66 Td (128) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 288.25 237.66 Td (15.2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.50 237.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.50 237.66 Td (124) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.25 237.66 Td (14.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.50 237.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.50 237.66 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 237.66 Td (3.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 237.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 223.66 Td (Other ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 76.74 227.74 Td (\(4\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 241.00 223.66 Td (24) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.75 223.66 Td (2.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.50 223.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 362.00 223.66 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.75 223.66 Td (2.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.50 223.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.50 223.66 Td (5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 223.66 Td (21.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 223.66 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 209.75 Td (T) Tj ET Q q 0 0 0 rg BT 59.18 209.75 Td (otal net r) Tj ET Q q 0 0 0 rg BT 94.00 209.75 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.50 209.75 Td (838) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.75 209.75 Td (100.0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.00 209.75 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 209.75 Td (836) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.75 209.75 Td (100.0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.00 209.75 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.50 209.75 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 533.25 209.75 Td (0.3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 209.75 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 193.30 Td (_____________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 183.70 Td (\(1\) ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.50 183.70 Td (Includes ) Tj ET Q q 0 0 0 rg BT 101.50 183.70 Td (the ) Tj ET Q q 0 0 0 rg BT 113.18 183.70 Td (net ) Tj ET Q q 0 0 0 rg BT 124.86 183.70 Td (r) Tj ET Q q 0 0 0 rg BT 127.67 183.70 Td (evenues ) Tj ET Q q 0 0 0 rg BT 154.89 183.70 Td (generated ) Tj ET Q q 0 0 0 rg BT 188.79 183.70 Td (fr) Tj ET Q q 0 0 0 rg BT 193.83 183.70 Td (om ) Tj ET Q q 0 0 0 rg BT 205.51 183.70 Td (shipments ) Tj ET Q q 0 0 0 rg BT 239.41 183.70 Td (of ) Tj ET Q q 0 0 0 rg BT 247.54 183.70 Td (our ) Tj ET Q q 0 0 0 rg BT 260.55 183.70 Td (cars, ) Tj ET Q q 0 0 0 rg BT 278.23 183.70 Td (including ) Tj ET Q q 0 0 0 rg BT 310.35 183.70 Td (any ) Tj ET Q q 0 0 0 rg BT 323.81 183.70 Td (personalization ) Tj ET Q q 0 0 0 rg BT 375.49 183.70 Td (r) Tj ET Q q 0 0 0 rg BT 378.31 183.70 Td (evenue ) Tj ET Q q 0 0 0 rg BT 402.42 183.70 Td (generated ) Tj ET Q q 0 0 0 rg BT 436.31 183.70 Td (on ) Tj ET Q q 0 0 0 rg BT 446.21 183.70 Td (these ) Tj ET Q q 0 0 0 rg BT 464.55 183.70 Td (cars ) Tj ET Q q 0 0 0 rg BT 480.23 183.70 Td (and ) Tj ET Q q 0 0 0 rg BT 494.14 183.70 Td (sales ) Tj ET Q q 0 0 0 rg BT 512.04 183.70 Td (of ) Tj ET Q q 0 0 0 rg BT 520.17 183.70 Td (spar) Tj ET Q q 0 0 0 rg BT 534.09 183.70 Td (e ) Tj ET Q q 0 0 0 rg BT 539.55 183.70 Td (parts. ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 50.00 174.10 Td (\(2\) ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.50 174.10 Td (Includes ) Tj ET Q q 0 0 0 rg BT 101.76 174.10 Td (the ) Tj ET Q q 0 0 0 rg BT 113.70 174.10 Td (net ) Tj ET Q q 0 0 0 rg BT 125.63 174.10 Td (r) Tj ET Q q 0 0 0 rg BT 128.45 174.10 Td (evenues ) Tj ET Q q 0 0 0 rg BT 155.93 174.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 190.08 174.10 Td (fr) Tj ET Q q 0 0 0 rg BT 195.11 174.10 Td (om ) Tj ET Q q 0 0 0 rg BT 207.05 174.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.99 174.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 234.04 174.10 Td (of ) Tj ET Q q 0 0 0 rg BT 242.42 174.10 Td (engines ) Tj ET Q q 0 0 0 rg BT 269.02 174.10 Td (to ) Tj ET Q q 0 0 0 rg BT 277.40 174.10 Td (Maserati ) Tj ET Q q 0 0 0 rg BT 308.45 174.10 Td (for ) Tj ET Q q 0 0 0 rg BT 319.95 174.10 Td (use ) Tj ET Q q 0 0 0 rg BT 332.77 174.10 Td (in ) Tj ET Q q 0 0 0 rg BT 341.16 174.10 Td (their ) Tj ET Q q 0 0 0 rg BT 358.43 174.10 Td (cars, ) Tj ET Q q 0 0 0 rg BT 376.36 174.10 Td (and ) Tj ET Q q 0 0 0 rg BT 390.53 174.10 Td (the ) Tj ET Q q 0 0 0 rg BT 402.46 174.10 Td (r) Tj ET Q q 0 0 0 rg BT 405.28 174.10 Td (evenues ) Tj ET Q q 0 0 0 rg BT 432.75 174.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 466.90 174.10 Td (fr) Tj ET Q q 0 0 0 rg BT 471.94 174.10 Td (om ) Tj ET Q q 0 0 0 rg BT 483.88 174.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.82 174.10 Td (r) Tj ET Q q 0 0 0 rg BT 498.63 174.10 Td (ental ) Tj ET Q q 0 0 0 rg BT 516.79 174.10 Td (of ) Tj ET Q q 0 0 0 rg BT 525.17 174.10 Td (engines ) Tj ET Q q 0 0 0 rg BT 551.77 174.10 Td (to ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.50 164.50 Td (other ) Tj ET Q q 0 0 0 rg BT 91.39 164.50 Td (Formula ) Tj ET Q q 0 0 0 rg BT 121.39 164.50 Td (1 ) Tj ET Q q 0 0 0 rg BT 127.39 164.50 Td (racing ) Tj ET Q q 0 0 0 rg BT 150.27 164.50 Td (teams.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 50.00 154.90 Td (\(3\) ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.50 154.90 Td (Includes ) Tj ET Q q 0 0 0 rg BT 101.72 154.90 Td (the ) Tj ET Q q 0 0 0 rg BT 113.61 154.90 Td (net ) Tj ET Q q 0 0 0 rg BT 125.50 154.90 Td (r) Tj ET Q q 0 0 0 rg BT 128.32 154.90 Td (evenues ) Tj ET Q q 0 0 0 rg BT 155.75 154.90 Td (earned ) Tj ET Q q 0 0 0 rg BT 180.08 154.90 Td (by ) Tj ET Q q 0 0 0 rg BT 189.75 154.90 Td (our ) Tj ET Q q 0 0 0 rg BT 202.98 154.90 Td (Formula ) Tj ET Q q 0 0 0 rg BT 233.10 154.90 Td (1 ) Tj ET Q q 0 0 0 rg BT 239.21 154.90 Td (racing ) Tj ET Q q 0 0 0 rg BT 262.22 154.90 Td (team ) Tj ET Q q 0 0 0 rg BT 279.89 154.90 Td (thr) Tj ET Q q 0 0 0 rg BT 288.93 154.90 Td (ough ) Tj ET Q q 0 0 0 rg BT 307.04 154.90 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 347.84 154.90 Td (agr) Tj ET Q q 0 0 0 rg BT 358.65 154.90 Td (eements ) Tj ET Q q 0 0 0 rg BT 386.54 154.90 Td (and ) Tj ET Q q 0 0 0 rg BT 400.65 154.90 Td (our ) Tj ET Q q 0 0 0 rg BT 413.88 154.90 Td (shar) Tj ET Q q 0 0 0 rg BT 427.81 154.90 Td (e ) Tj ET Q q 0 0 0 rg BT 433.48 154.90 Td (of ) Tj ET Q q 0 0 0 rg BT 441.82 154.90 Td (the ) Tj ET Q q 0 0 0 rg BT 453.71 154.90 Td (Formula ) Tj ET Q q 0 0 0 rg BT 483.83 154.90 Td (1 ) Tj ET Q q 0 0 0 rg BT 489.95 154.90 Td (W) Tj ET Q q 0 0 0 rg BT 495.88 154.90 Td (orld ) Tj ET Q q 0 0 0 rg BT 511.33 154.90 Td (Championship ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.50 145.30 Td (commer) Tj ET Q q 0 0 0 rg BT 97.97 145.30 Td (cial ) Tj ET Q q 0 0 0 rg BT 111.97 145.30 Td (r) Tj ET Q q 0 0 0 rg BT 114.79 145.30 Td (evenues ) Tj ET Q q 0 0 0 rg BT 142.10 145.30 Td (and ) Tj ET Q q 0 0 0 rg BT 156.10 145.30 Td (net ) Tj ET Q q 0 0 0 rg BT 167.88 145.30 Td (r) Tj ET Q q 0 0 0 rg BT 170.69 145.30 Td (evenues ) Tj ET Q q 0 0 0 rg BT 198.01 145.30 Td (generated ) Tj ET Q q 0 0 0 rg BT 232.00 145.30 Td (thr) Tj ET Q q 0 0 0 rg BT 241.04 145.30 Td (ough ) Tj ET Q q 0 0 0 rg BT 259.04 145.30 Td (the ) Tj ET Q q 0 0 0 rg BT 270.81 145.30 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 296.81 145.30 Td (brand, ) Tj ET Q q 0 0 0 rg BT 319.92 145.30 Td (including ) Tj ET Q q 0 0 0 rg BT 352.14 145.30 Td (mer) Tj ET Q q 0 0 0 rg BT 364.29 145.30 Td (chandising, ) Tj ET Q q 0 0 0 rg BT 403.39 145.30 Td (licensing ) Tj ET Q q 0 0 0 rg BT 434.28 145.30 Td (and ) Tj ET Q q 0 0 0 rg BT 448.28 145.30 Td (r) Tj ET Q q 0 0 0 rg BT 451.09 145.30 Td (oyalty ) Tj ET Q q 0 0 0 rg BT 472.64 145.30 Td (income.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 50.00 135.70 Td (\(4\) ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.50 135.70 Td (Primarily ) Tj ET Q q 0 0 0 rg BT 105.61 135.70 Td (includes ) Tj ET Q q 0 0 0 rg BT 134.27 135.70 Td (inter) Tj ET Q q 0 0 0 rg BT 149.08 135.70 Td (est ) Tj ET Q q 0 0 0 rg BT 159.97 135.70 Td (income ) Tj ET Q q 0 0 0 rg BT 185.07 135.70 Td (generated ) Tj ET Q q 0 0 0 rg BT 219.06 135.70 Td (by ) Tj ET Q q 0 0 0 rg BT 228.61 135.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 259.05 135.70 Td (services ) Tj ET Q q 0 0 0 rg BT 286.82 135.70 Td (activities ) Tj ET Q q 0 0 0 rg BT 317.70 135.70 Td (and ) Tj ET Q q 0 0 0 rg BT 331.70 135.70 Td (net ) Tj ET Q q 0 0 0 rg BT 343.47 135.70 Td (r) Tj ET Q q 0 0 0 rg BT 346.29 135.70 Td (evenues ) Tj ET Q q 0 0 0 rg BT 373.60 135.70 Td (fr) Tj ET Q q 0 0 0 rg BT 378.64 135.70 Td (om ) Tj ET Q q 0 0 0 rg BT 390.42 135.70 Td (the ) Tj ET Q q 0 0 0 rg BT 402.19 135.70 Td (management ) Tj ET Q q 0 0 0 rg BT 445.07 135.70 Td (of ) Tj ET Q q 0 0 0 rg BT 453.29 135.70 Td (the ) Tj ET Q q 0 0 0 rg BT 465.07 135.70 Td (Mugello ) Tj ET Q q 0 0 0 rg BT 493.73 135.70 Td (racetrack. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 114.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 102.27 114.10 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.64 114.10 Td (for ) Tj ET Q q 0 0 0 rg BT 153.13 114.10 Td (the ) Tj ET Q q 0 0 0 rg BT 167.17 114.10 Td (three ) Tj ET Q q 0 0 0 rg BT 188.99 114.10 Td (months ) Tj ET Q q 0 0 0 rg BT 220.27 114.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 245.97 114.10 Td (September ) Tj ET Q q 0 0 0 rg BT 290.57 114.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.07 114.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.90 114.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.90 114.10 Td ( ) Tj ET Q q 0 0 0 rg BT 326.73 114.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.99 114.10 Td (838 ) Tj ET Q q 0 0 0 rg BT 369.82 114.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.71 114.10 Td (, ) Tj ET Q q 0 0 0 rg BT 403.04 114.10 Td (an ) Tj ET Q q 0 0 0 rg BT 414.31 114.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 448.89 114.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.05 114.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 470.88 114.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.77 114.10 Td (, ) Tj ET Q q 0 0 0 rg BT 504.10 114.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.26 114.10 Td (0.3 ) Tj ET Q q 0 0 0 rg BT 528.59 114.10 Td (percent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.90 Td (\(an ) Tj ET Q q 0 0 0 rg BT 65.27 100.90 Td (increase ) Tj ET Q q 0 0 0 rg BT 100.52 100.90 Td (of ) Tj ET Q q 0 0 0 rg BT 111.35 100.90 Td (2.2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.85 100.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.60 100.90 Td (percent ) Tj ET Q q 0 0 0 rg BT 158.53 100.90 Td (on ) Tj ET Q q 0 0 0 rg BT 171.03 100.90 Td (a ) Tj ET Q q 0 0 0 rg BT 177.96 100.90 Td (constant ) Tj ET Q q 0 0 0 rg BT 213.79 100.90 Td (currency ) Tj ET Q q 0 0 0 rg BT 251.27 100.90 Td (basis\), ) Tj ET Q q 0 0 0 rg BT 279.60 100.90 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.53 100.90 Td (836 ) Tj ET Q q 0 0 0 rg BT 324.03 100.90 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.93 100.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.43 100.90 Td (for ) Tj ET Q q 0 0 0 rg BT 369.59 100.90 Td (the ) Tj ET Q q 0 0 0 rg BT 384.30 100.90 Td (three ) Tj ET Q q 0 0 0 rg BT 406.79 100.90 Td (months ) Tj ET Q q 0 0 0 rg BT 438.74 100.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 465.11 100.90 Td (September ) Tj ET Q q 0 0 0 rg BT 510.38 100.90 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.88 100.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.38 100.90 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.38 100.90 Td (.) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.20 30.20 Td (1) Tj ET Q q 0 0 0 rg BT 305.75 30.20 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.29 742.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 139.78 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 150.29 742.10 Td (net ) Tj ET Q q 0 0 0 rg BT 165.25 742.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 203.52 742.10 Td (was ) Tj ET Q q 0 0 0 rg BT 221.81 742.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 270.09 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 280.61 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 295.56 742.10 Td (combination ) Tj ET Q q 0 0 0 rg BT 348.29 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 359.36 742.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 371.54 742.10 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.71 742.10 Td (1) Tj ET Q q 0 0 0 rg BT 393.34 742.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 401.08 742.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.97 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 432.71 742.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 468.20 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 478.72 742.10 Td (cars ) Tj ET Q q 0 0 0 rg BT 497.55 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 514.73 742.10 Td (spare ) Tj ET Q q 0 0 0 rg BT 538.57 742.10 Td (parts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (net ) Tj ET Q q 0 0 0 rg BT 64.26 730.10 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 104.34 730.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 118.60 730.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.08 730.10 Td (5 ) Tj ET Q q 0 0 0 rg BT 137.12 730.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.01 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 168.06 730.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 202.85 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 212.67 730.10 Td (other ) Tj ET Q q 0 0 0 rg BT 235.26 730.10 Td (net ) Tj ET Q q 0 0 0 rg BT 249.52 730.10 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 289.60 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 306.08 730.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 323.12 730.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.60 730.10 Td (4 ) Tj ET Q q 0 0 0 rg BT 341.64 730.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.53 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 372.58 730.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 407.37 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 417.19 730.10 Td (sponsorship, ) Tj ET Q q 0 0 0 rg BT 469.52 730.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 518.76 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 535.24 730.10 Td (brand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (net ) Tj ET Q q 0 0 0 rg BT 64.72 718.10 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 105.25 718.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 141.07 718.10 Td (of) Tj ET Q q 0 0 0 rg BT 149.22 718.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 166.16 718.10 Td (by ) Tj ET Q q 0 0 0 rg BT 178.66 718.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 195.60 718.10 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.54 718.10 Td (18 ) Tj ET Q q 0 0 0 rg BT 225.04 718.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.93 718.10 Td ( ) Tj ET Q q 0 0 0 rg BT 256.43 718.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 293.34 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 303.62 718.10 Td (engines ) Tj ET Q q 0 0 0 rg BT 336.67 718.10 Td (net ) Tj ET Q q 0 0 0 rg BT 351.39 718.10 Td (revenues.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Cars ) Tj ET Q q 0 0 0 rg BT 71.95 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 90.01 694.10 Td (spare ) Tj ET Q q 0 0 0 rg BT 114.74 694.10 Td (parts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 670.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 103.18 670.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 141.46 670.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 183.07 670.10 Td (from ) Tj ET Q q 0 0 0 rg BT 205.25 670.10 Td (cars ) Tj ET Q q 0 0 0 rg BT 224.09 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 241.27 670.10 Td (spare ) Tj ET Q q 0 0 0 rg BT 265.11 670.10 Td (parts ) Tj ET Q q 0 0 0 rg BT 287.30 670.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.47 670.10 Td (616 ) Tj ET Q q 0 0 0 rg BT 332.21 670.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.10 670.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.85 670.10 Td (for ) Tj ET Q q 0 0 0 rg BT 378.25 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 393.21 670.10 Td (three ) Tj ET Q q 0 0 0 rg BT 415.94 670.10 Td (months ) Tj ET Q q 0 0 0 rg BT 448.13 670.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 474.75 670.10 Td (September ) Tj ET Q q 0 0 0 rg BT 520.26 670.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.76 670.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.50 670.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.50 670.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (an ) Tj ET Q q 0 0 0 rg BT 61.90 658.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 97.12 658.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.92 658.10 Td (1) Tj ET Q q 0 0 0 rg BT 117.55 658.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 125.01 658.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.90 658.10 Td (, ) Tj ET Q q 0 0 0 rg BT 158.87 658.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.66 658.10 Td (1.9 ) Tj ET Q q 0 0 0 rg BT 184.63 658.10 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.05 658.10 Td (, ) Tj ET Q q 0 0 0 rg BT 219.02 658.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.92 658.10 Td (605 ) Tj ET Q q 0 0 0 rg BT 263.38 658.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.28 658.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.74 658.10 Td (for ) Tj ET Q q 0 0 0 rg BT 308.87 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 323.55 658.10 Td (three ) Tj ET Q q 0 0 0 rg BT 346.00 658.10 Td (months ) Tj ET Q q 0 0 0 rg BT 377.91 658.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 404.25 658.10 Td (September ) Tj ET Q q 0 0 0 rg BT 449.48 658.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.98 658.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.45 658.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.45 658.10 Td (. ) Tj ET Q q 0 0 0 rg BT 489.23 658.10 Td (The ) Tj ET Q q 0 0 0 rg BT 507.24 658.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 542.46 658.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 644.90 Td (attributable ) Tj ET Q q 0 0 0 rg BT 97.91 644.90 Td (to ) Tj ET Q q 0 0 0 rg BT 108.07 644.90 Td (a ) Tj ET Q q 0 0 0 rg BT 114.88 644.90 Td (26) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 129.88 644.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.50 644.90 Td (million ) Tj ET Q q 0 0 0 rg BT 163.77 644.90 Td (increase ) Tj ET Q q 0 0 0 rg BT 198.90 644.90 Td (in ) Tj ET Q q 0 0 0 rg BT 209.05 644.90 Td (net ) Tj ET Q q 0 0 0 rg BT 223.65 644.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 261.56 644.90 Td (from ) Tj ET Q q 0 0 0 rg BT 283.38 644.90 Td (range ) Tj ET Q q 0 0 0 rg BT 307.96 644.90 Td (and ) Tj ET Q q 0 0 0 rg BT 324.78 644.90 Td (special ) Tj ET Q q 0 0 0 rg BT 354.92 644.90 Td (series ) Tj ET Q q 0 0 0 rg BT 380.06 644.90 Td (cars ) Tj ET Q q 0 0 0 rg BT 398.54 644.90 Td (and ) Tj ET Q q 0 0 0 rg BT 415.35 644.90 Td (spare ) Tj ET Q q 0 0 0 rg BT 438.83 644.90 Td (parts, ) Tj ET Q q 0 0 0 rg BT 463.14 644.90 Td (partially ) Tj ET Q q 0 0 0 rg BT 498.84 644.90 Td (of) Tj ET Q q 0 0 0 rg BT 506.99 644.90 Td (fset ) Tj ET Q q 0 0 0 rg BT 523.81 644.90 Td (by ) Tj ET Q q 0 0 0 rg BT 536.18 644.90 Td (a ) Tj ET Q q 0 0 0 rg BT 543.00 644.90 Td (15 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 632.90 Td (million ) Tj ET Q q 0 0 0 rg BT 81.39 632.90 Td (decrease ) Tj ET Q q 0 0 0 rg BT 118.31 632.90 Td (in ) Tj ET Q q 0 0 0 rg BT 128.58 632.90 Td (net ) Tj ET Q q 0 0 0 rg BT 143.30 632.90 Td (revenues ) Tj ET Q q 0 0 0 rg BT 181.34 632.90 Td (from ) Tj ET Q q 0 0 0 rg BT 203.28 632.90 Td (hypercars ) Tj ET Q q 0 0 0 rg BT 244.64 632.90 Td (and ) Tj ET Q q 0 0 0 rg BT 261.58 632.90 Td (limited ) Tj ET Q q 0 0 0 rg BT 292.41 632.90 Td (edition ) Tj ET Q q 0 0 0 rg BT 322.69 632.90 Td (cars. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 607.70 Td (The ) Tj ET Q q 0 0 0 rg BT 103.88 607.70 Td (26) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 118.88 607.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.44 607.70 Td (million ) Tj ET Q q 0 0 0 rg BT 152.66 607.70 Td (increase ) Tj ET Q q 0 0 0 rg BT 187.75 607.70 Td (in ) Tj ET Q q 0 0 0 rg BT 197.86 607.70 Td (net ) Tj ET Q q 0 0 0 rg BT 212.40 607.70 Td (revenues ) Tj ET Q q 0 0 0 rg BT 250.27 607.70 Td (from ) Tj ET Q q 0 0 0 rg BT 272.04 607.70 Td (range ) Tj ET Q q 0 0 0 rg BT 296.58 607.70 Td (and ) Tj ET Q q 0 0 0 rg BT 313.35 607.70 Td (special ) Tj ET Q q 0 0 0 rg BT 343.44 607.70 Td (series ) Tj ET Q q 0 0 0 rg BT 368.54 607.70 Td (cars ) Tj ET Q q 0 0 0 rg BT 386.97 607.70 Td (and ) Tj ET Q q 0 0 0 rg BT 403.74 607.70 Td (spare ) Tj ET Q q 0 0 0 rg BT 427.17 607.70 Td (parts ) Tj ET Q q 0 0 0 rg BT 448.94 607.70 Td (was ) Tj ET Q q 0 0 0 rg BT 466.82 607.70 Td (principally ) Tj ET Q q 0 0 0 rg BT 512.47 607.70 Td (attributable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.70 Td (to ) Tj ET Q q 0 0 0 rg BT 60.57 595.70 Td (an ) Tj ET Q q 0 0 0 rg BT 72.79 595.70 Td (increase ) Tj ET Q q 0 0 0 rg BT 108.33 595.70 Td (in ) Tj ET Q q 0 0 0 rg BT 118.90 595.70 Td (shipments, ) Tj ET Q q 0 0 0 rg BT 164.74 595.70 Td (as ) Tj ET Q q 0 0 0 rg BT 175.86 595.70 Td (well ) Tj ET Q q 0 0 0 rg BT 195.86 595.70 Td (as ) Tj ET Q q 0 0 0 rg BT 206.98 595.70 Td (positive ) Tj ET Q q 0 0 0 rg BT 241.43 595.70 Td (mix ) Tj ET Q q 0 0 0 rg BT 259.78 595.70 Td (driven ) Tj ET Q q 0 0 0 rg BT 288.11 595.70 Td (by ) Tj ET Q q 0 0 0 rg BT 300.69 595.70 Td (V12 ) Tj ET Q q 0 0 0 rg BT 320.70 595.70 Td (models ) Tj ET Q q 0 0 0 rg BT 352.38 595.70 Td (and ) Tj ET Q q 0 0 0 rg BT 369.60 595.70 Td (pricing ) Tj ET Q q 0 0 0 rg BT 400.72 595.70 Td (increases. ) Tj ET Q q 0 0 0 rg BT 442.65 595.70 Td (Shipments ) Tj ET Q q 0 0 0 rg BT 487.66 595.70 Td (of ) Tj ET Q q 0 0 0 rg BT 498.58 595.70 Td (V12 ) Tj ET Q q 0 0 0 rg BT 518.59 595.70 Td (range ) Tj ET Q q 0 0 0 rg BT 543.58 595.70 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.50 Td (special ) Tj ET Q q 0 0 0 rg BT 80.39 582.50 Td (series ) Tj ET Q q 0 0 0 rg BT 105.79 582.50 Td (models ) Tj ET Q q 0 0 0 rg BT 137.30 582.50 Td (increased ) Tj ET Q q 0 0 0 rg BT 177.69 582.50 Td (by ) Tj ET Q q 0 0 0 rg BT 190.31 582.50 Td (approximately ) Tj ET Q q 0 0 0 rg BT 250.70 582.50 Td (12.8) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 268.20 582.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.09 582.50 Td (percent, ) Tj ET Q q 0 0 0 rg BT 305.65 582.50 Td (primarily ) Tj ET Q q 0 0 0 rg BT 345.49 582.50 Td (attributable ) Tj ET Q q 0 0 0 rg BT 393.65 582.50 Td (to ) Tj ET Q q 0 0 0 rg BT 404.06 582.50 Td (shipments ) Tj ET Q q 0 0 0 rg BT 447.24 582.50 Td (of ) Tj ET Q q 0 0 0 rg BT 458.20 582.50 Td (the ) Tj ET Q q 0 0 0 rg BT 473.05 582.50 Td (812 ) Tj ET Q q 0 0 0 rg BT 490.68 582.50 Td (Superfast, ) Tj ET Q q 0 0 0 rg BT 533.57 582.50 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.50 Td (commenced ) Tj ET Q q 0 0 0 rg BT 100.29 570.50 Td (in ) Tj ET Q q 0 0 0 rg BT 110.06 570.50 Td (the ) Tj ET Q q 0 0 0 rg BT 124.26 570.50 Td (third ) Tj ET Q q 0 0 0 rg BT 145.13 570.50 Td (quarter ) Tj ET Q q 0 0 0 rg BT 175.43 570.50 Td (of ) Tj ET Q q 0 0 0 rg BT 185.74 570.50 Td (2017, ) Tj ET Q q 0 0 0 rg BT 210.23 570.50 Td (partially ) Tj ET Q q 0 0 0 rg BT 245.53 570.50 Td (of) Tj ET Q q 0 0 0 rg BT 253.68 570.50 Td (fset ) Tj ET Q q 0 0 0 rg BT 270.10 570.50 Td (by ) Tj ET Q q 0 0 0 rg BT 282.08 570.50 Td (a ) Tj ET Q q 0 0 0 rg BT 288.51 570.50 Td (decrease ) Tj ET Q q 0 0 0 rg BT 324.91 570.50 Td (in ) Tj ET Q q 0 0 0 rg BT 334.67 570.50 Td (shipments ) Tj ET Q q 0 0 0 rg BT 377.21 570.50 Td (of ) Tj ET Q q 0 0 0 rg BT 387.52 570.50 Td (the ) Tj ET Q q 0 0 0 rg BT 401.72 570.50 Td (F12tdf, ) Tj ET Q q 0 0 0 rg BT 432.88 570.50 Td (which ) Tj ET Q q 0 0 0 rg BT 459.30 570.50 Td (finished ) Tj ET Q q 0 0 0 rg BT 493.50 570.50 Td (its ) Tj ET Q q 0 0 0 rg BT 504.93 570.50 Td (limited ) Tj ET Q q 0 0 0 rg BT 535.25 570.50 Td (series ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.50 Td (run ) Tj ET Q q 0 0 0 rg BT 66.75 558.50 Td (in ) Tj ET Q q 0 0 0 rg BT 77.94 558.50 Td (2017, ) Tj ET Q q 0 0 0 rg BT 103.86 558.50 Td (and ) Tj ET Q q 0 0 0 rg BT 121.72 558.50 Td (the ) Tj ET Q q 0 0 0 rg BT 137.35 558.50 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 179.65 558.50 Td (of ) Tj ET Q q 0 0 0 rg BT 191.40 558.50 Td (the ) Tj ET Q q 0 0 0 rg BT 207.03 558.50 Td (F12berlinetta ) Tj ET Q q 0 0 0 rg BT 263.77 558.50 Td (in ) Tj ET Q q 0 0 0 rg BT 274.97 558.50 Td (2017. ) Tj ET Q q 0 0 0 rg BT 300.88 558.50 Td (Shipments ) Tj ET Q q 0 0 0 rg BT 346.53 558.50 Td (of ) Tj ET Q q 0 0 0 rg BT 358.03 558.50 Td (V8 ) Tj ET Q q 0 0 0 rg BT 373.67 558.50 Td (range ) Tj ET Q q 0 0 0 rg BT 399.29 558.50 Td (and ) Tj ET Q q 0 0 0 rg BT 417.15 558.50 Td (special ) Tj ET Q q 0 0 0 rg BT 448.33 558.50 Td (series ) Tj ET Q q 0 0 0 rg BT 474.52 558.50 Td (models ) Tj ET Q q 0 0 0 rg BT 506.82 558.50 Td (increased ) Tj ET Q q 0 0 0 rg BT 548.00 558.50 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.50 Td (approximately ) Tj ET Q q 0 0 0 rg BT 110.26 546.50 Td (1) Tj ET Q q 0 0 0 rg BT 114.89 546.50 Td (1.4 ) Tj ET Q q 0 0 0 rg BT 129.89 546.50 Td (percent, ) Tj ET Q q 0 0 0 rg BT 164.31 546.50 Td (mainly ) Tj ET Q q 0 0 0 rg BT 194.58 546.50 Td (due ) Tj ET Q q 0 0 0 rg BT 211.52 546.50 Td (to ) Tj ET Q q 0 0 0 rg BT 221.80 546.50 Td (the ) Tj ET Q q 0 0 0 rg BT 236.52 546.50 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 266.23 546.50 Td (Portofino, ) Tj ET Q q 0 0 0 rg BT 309.00 546.50 Td (partially ) Tj ET Q q 0 0 0 rg BT 344.82 546.50 Td (of) Tj ET Q q 0 0 0 rg BT 352.97 546.50 Td (fset ) Tj ET Q q 0 0 0 rg BT 369.91 546.50 Td (by ) Tj ET Q q 0 0 0 rg BT 382.41 546.50 Td (the ) Tj ET Q q 0 0 0 rg BT 397.13 546.50 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 438.51 546.50 Td (of ) Tj ET Q q 0 0 0 rg BT 449.34 546.50 Td (the ) Tj ET Q q 0 0 0 rg BT 464.05 546.50 Td (California ) Tj ET Q q 0 0 0 rg BT 506.91 546.50 Td (T) Tj ET Q q 0 0 0 rg BT 512.28 546.50 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 521.30 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 521.30 Td (The ) Tj ET Q q 0 0 0 rg BT 103.84 521.30 Td (26) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 118.84 521.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.35 521.30 Td (million ) Tj ET Q q 0 0 0 rg BT 152.53 521.30 Td (increase ) Tj ET Q q 0 0 0 rg BT 187.58 521.30 Td (in ) Tj ET Q q 0 0 0 rg BT 197.64 521.30 Td (net ) Tj ET Q q 0 0 0 rg BT 212.15 521.30 Td (revenues ) Tj ET Q q 0 0 0 rg BT 249.98 521.30 Td (from ) Tj ET Q q 0 0 0 rg BT 271.70 521.30 Td (range ) Tj ET Q q 0 0 0 rg BT 296.20 521.30 Td (and ) Tj ET Q q 0 0 0 rg BT 312.93 521.30 Td (special ) Tj ET Q q 0 0 0 rg BT 342.98 521.30 Td (series ) Tj ET Q q 0 0 0 rg BT 368.04 521.30 Td (cars ) Tj ET Q q 0 0 0 rg BT 386.43 521.30 Td (and ) Tj ET Q q 0 0 0 rg BT 403.15 521.30 Td (spare ) Tj ET Q q 0 0 0 rg BT 426.54 521.30 Td (parts ) Tj ET Q q 0 0 0 rg BT 448.27 521.30 Td (was ) Tj ET Q q 0 0 0 rg BT 466.11 521.30 Td (composed ) Tj ET Q q 0 0 0 rg BT 508.95 521.30 Td (of ) Tj ET Q q 0 0 0 rg BT 519.56 521.30 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 531.29 521.30 Td (an ) Tj ET Q q 0 0 0 rg BT 543.02 521.30 Td (18) Tj ET Q BT /F1 11.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.10 Td (million ) Tj ET Q q 0 0 0 rg BT 81.72 508.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 117.29 508.10 Td (in ) Tj ET Q q 0 0 0 rg BT 127.27 508.10 Td (Americas, ) Tj ET Q q 0 0 0 rg BT 170.91 508.10 Td (and ) Tj ET Q q 0 0 0 rg BT 188.18 508.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 203.22 508.10 Td (a ) Tj ET Q q 0 0 0 rg BT 210.48 508.10 Td (16) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 225.48 508.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.59 508.10 Td (million ) Tj ET Q q 0 0 0 rg BT 260.31 508.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 295.88 508.10 Td (in ) Tj ET Q q 0 0 0 rg BT 306.49 508.10 Td (Rest ) Tj ET Q q 0 0 0 rg BT 327.09 508.10 Td (of ) Tj ET Q q 0 0 0 rg BT 337.62 508.10 Td (AP) Tj ET Q q 0 0 0 rg BT 349.49 508.10 Td (AC, ) Tj ET Q q 0 0 0 rg BT 368.70 508.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 404.85 508.10 Td (of) Tj ET Q q 0 0 0 rg BT 413.00 508.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 430.26 508.10 Td (by ) Tj ET Q q 0 0 0 rg BT 443.09 508.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 460.91 508.10 Td (a ) Tj ET Q q 0 0 0 rg BT 468.17 508.10 Td (5) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.17 508.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.28 508.10 Td (million ) Tj ET Q q 0 0 0 rg BT 512.99 508.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 550.23 508.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.90 Td (EMEA, ) Tj ET Q q 0 0 0 rg BT 83.33 494.90 Td (and ) Tj ET Q q 0 0 0 rg BT 100.27 494.90 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 117.21 494.90 Td (a ) Tj ET Q q 0 0 0 rg BT 124.15 494.90 Td (3) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 134.15 494.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.90 494.90 Td (million ) Tj ET Q q 0 0 0 rg BT 168.29 494.90 Td (decrease ) Tj ET Q q 0 0 0 rg BT 205.20 494.90 Td (in ) Tj ET Q q 0 0 0 rg BT 215.48 494.90 Td (China, ) Tj ET Q q 0 0 0 rg BT 244.37 494.90 Td (Hong ) Tj ET Q q 0 0 0 rg BT 269.09 494.90 Td (Kong ) Tj ET Q q 0 0 0 rg BT 293.81 494.90 Td (and ) Tj ET Q q 0 0 0 rg BT 310.57 494.90 Td (T) Tj ET Q q 0 0 0 rg BT 315.98 494.90 Td (aiwan ) Tj ET Q q 0 0 0 rg BT 342.35 494.90 Td (\(on ) Tj ET Q q 0 0 0 rg BT 358.18 494.90 Td (a ) Tj ET Q q 0 0 0 rg BT 365.12 494.90 Td (combined ) Tj ET Q q 0 0 0 rg BT 407.06 494.90 Td (basis\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 469.70 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 86.00 469.70 Td (The ) Tj ET Q q 0 0 0 rg BT 104.45 469.70 Td (18) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 119.45 469.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.64 469.70 Td (million ) Tj ET Q q 0 0 0 rg BT 154.43 469.70 Td (increase ) Tj ET Q q 0 0 0 rg BT 190.08 469.70 Td (in ) Tj ET Q q 0 0 0 rg BT 200.12 469.70 Td (Americas ) Tj ET Q q 0 0 0 rg BT 241.34 469.70 Td (net ) Tj ET Q q 0 0 0 rg BT 256.46 469.70 Td (revenues ) Tj ET Q q 0 0 0 rg BT 294.89 469.70 Td (was ) Tj ET Q q 0 0 0 rg BT 313.35 469.70 Td (primarily ) Tj ET Q q 0 0 0 rg BT 353.46 469.70 Td (attributable ) Tj ET Q q 0 0 0 rg BT 401.90 469.70 Td (to ) Tj ET Q q 0 0 0 rg BT 412.57 469.70 Td (positive ) Tj ET Q q 0 0 0 rg BT 447.14 469.70 Td (volume ) Tj ET Q q 0 0 0 rg BT 480.03 469.70 Td (and ) Tj ET Q q 0 0 0 rg BT 497.37 469.70 Td (mix, ) Tj ET Q q 0 0 0 rg BT 518.33 469.70 Td (as ) Tj ET Q q 0 0 0 rg BT 529.56 469.70 Td (well ) Tj ET Q q 0 0 0 rg BT 549.68 469.70 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 457.70 Td (positive ) Tj ET Q q 0 0 0 rg BT 120.89 457.70 Td (foreign ) Tj ET Q q 0 0 0 rg BT 153.00 457.70 Td (currency ) Tj ET Q q 0 0 0 rg BT 191.20 457.70 Td (translation ) Tj ET Q q 0 0 0 rg BT 236.64 457.70 Td (impact. ) Tj ET Q q 0 0 0 rg BT 269.34 457.70 Td (The ) Tj ET Q q 0 0 0 rg BT 288.11 457.70 Td (positive ) Tj ET Q q 0 0 0 rg BT 323.01 457.70 Td (volume ) Tj ET Q q 0 0 0 rg BT 356.23 457.70 Td (and ) Tj ET Q q 0 0 0 rg BT 373.89 457.70 Td (mix ) Tj ET Q q 0 0 0 rg BT 392.68 457.70 Td (was ) Tj ET Q q 0 0 0 rg BT 411.45 457.70 Td (driven ) Tj ET Q q 0 0 0 rg BT 440.23 457.70 Td (by ) Tj ET Q q 0 0 0 rg BT 453.45 457.70 Td (the ) Tj ET Q q 0 0 0 rg BT 468.90 457.70 Td (812 ) Tj ET Q q 0 0 0 rg BT 487.12 457.70 Td (Superfast ) Tj ET Q q 0 0 0 rg BT 528.12 457.70 Td (and ) Tj ET Q q 0 0 0 rg BT 545.78 457.70 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 445.70 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 115.63 445.70 Td (Portofino ) Tj ET Q q 0 0 0 rg BT 155.83 445.70 Td (as ) Tj ET Q q 0 0 0 rg BT 166.58 445.70 Td (well ) Tj ET Q q 0 0 0 rg BT 186.22 445.70 Td (as ) Tj ET Q q 0 0 0 rg BT 196.97 445.70 Td (the ) Tj ET Q q 0 0 0 rg BT 211.60 445.70 Td (488 ) Tj ET Q q 0 0 0 rg BT 229.03 445.70 Td (and ) Tj ET Q q 0 0 0 rg BT 245.88 445.70 Td (GTC4Lusso ) Tj ET Q q 0 0 0 rg BT 297.20 445.70 Td (families, ) Tj ET Q q 0 0 0 rg BT 334.33 445.70 Td (partially ) Tj ET Q q 0 0 0 rg BT 370.07 445.70 Td (of) Tj ET Q q 0 0 0 rg BT 378.22 445.70 Td (fset ) Tj ET Q q 0 0 0 rg BT 395.08 445.70 Td (by ) Tj ET Q q 0 0 0 rg BT 407.50 445.70 Td (the ) Tj ET Q q 0 0 0 rg BT 422.14 445.70 Td (phase-outs ) Tj ET Q q 0 0 0 rg BT 467.33 445.70 Td (of ) Tj ET Q q 0 0 0 rg BT 478.08 445.70 Td (the ) Tj ET Q q 0 0 0 rg BT 492.72 445.70 Td (California ) Tj ET Q q 0 0 0 rg BT 535.50 445.70 Td (T) Tj ET Q q 0 0 0 rg BT 540.87 445.70 Td (, ) Tj ET Q q 0 0 0 rg BT 545.79 445.70 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 433.70 Td (F12berlinetta, ) Tj ET Q q 0 0 0 rg BT 144.32 433.70 Td (and ) Tj ET Q q 0 0 0 rg BT 161.26 433.70 Td (the ) Tj ET Q q 0 0 0 rg BT 175.98 433.70 Td (F12tdf.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 408.50 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 82.72 408.50 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 408.50 Td (The ) Tj ET Q q 0 0 0 rg BT 104.70 408.50 Td (16) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 119.70 408.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.18 408.50 Td (million ) Tj ET Q q 0 0 0 rg BT 155.22 408.50 Td (increase ) Tj ET Q q 0 0 0 rg BT 191.14 408.50 Td (in ) Tj ET Q q 0 0 0 rg BT 202.07 408.50 Td (Rest ) Tj ET Q q 0 0 0 rg BT 223.01 408.50 Td (of ) Tj ET Q q 0 0 0 rg BT 233.80 408.50 Td (AP) Tj ET Q q 0 0 0 rg BT 245.66 408.50 Td (AC ) Tj ET Q q 0 0 0 rg BT 262.71 408.50 Td (net ) Tj ET Q q 0 0 0 rg BT 278.08 408.50 Td (revenues ) Tj ET Q q 0 0 0 rg BT 316.78 408.50 Td (was ) Tj ET Q q 0 0 0 rg BT 335.48 408.50 Td (attributable ) Tj ET Q q 0 0 0 rg BT 384.18 408.50 Td (to ) Tj ET Q q 0 0 0 rg BT 395.11 408.50 Td (an ) Tj ET Q q 0 0 0 rg BT 407.71 408.50 Td (increase ) Tj ET Q q 0 0 0 rg BT 443.62 408.50 Td (in ) Tj ET Q q 0 0 0 rg BT 454.55 408.50 Td (net ) Tj ET Q q 0 0 0 rg BT 469.93 408.50 Td (revenues ) Tj ET Q q 0 0 0 rg BT 508.62 408.50 Td (in ) Tj ET Q q 0 0 0 rg BT 518.86 408.50 Td (Australia, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 396.50 Td (Japan ) Tj ET Q q 0 0 0 rg BT 111.36 396.50 Td (and ) Tj ET Q q 0 0 0 rg BT 128.38 396.50 Td (other ) Tj ET Q q 0 0 0 rg BT 151.51 396.50 Td (Rest ) Tj ET Q q 0 0 0 rg BT 171.88 396.50 Td (of ) Tj ET Q q 0 0 0 rg BT 182.23 396.50 Td (AP) Tj ET Q q 0 0 0 rg BT 194.09 396.50 Td (AC, ) Tj ET Q q 0 0 0 rg BT 213.07 396.50 Td (and ) Tj ET Q q 0 0 0 rg BT 230.09 396.50 Td (primarily ) Tj ET Q q 0 0 0 rg BT 269.89 396.50 Td (driven ) Tj ET Q q 0 0 0 rg BT 298.03 396.50 Td (by ) Tj ET Q q 0 0 0 rg BT 310.61 396.50 Td (positive ) Tj ET Q q 0 0 0 rg BT 344.87 396.50 Td (volume ) Tj ET Q q 0 0 0 rg BT 377.45 396.50 Td (and ) Tj ET Q q 0 0 0 rg BT 394.47 396.50 Td (mix, ) Tj ET Q q 0 0 0 rg BT 415.12 396.50 Td (as ) Tj ET Q q 0 0 0 rg BT 426.03 396.50 Td (well ) Tj ET Q q 0 0 0 rg BT 445.84 396.50 Td (as ) Tj ET Q q 0 0 0 rg BT 456.75 396.50 Td (greater ) Tj ET Q q 0 0 0 rg BT 487.10 396.50 Td (contribution ) Tj ET Q q 0 0 0 rg BT 538.56 396.50 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 384.50 Td (our ) Tj ET Q q 0 0 0 rg BT 102.76 384.50 Td (personalization ) Tj ET Q q 0 0 0 rg BT 167.28 384.50 Td (programs. ) Tj ET Q q 0 0 0 rg BT 210.98 384.50 Td (Positive ) Tj ET Q q 0 0 0 rg BT 246.63 384.50 Td (volume ) Tj ET Q q 0 0 0 rg BT 280.06 384.50 Td (and ) Tj ET Q q 0 0 0 rg BT 297.93 384.50 Td (mix ) Tj ET Q q 0 0 0 rg BT 316.92 384.50 Td (was ) Tj ET Q q 0 0 0 rg BT 335.90 384.50 Td (driven ) Tj ET Q q 0 0 0 rg BT 364.87 384.50 Td (by ) Tj ET Q q 0 0 0 rg BT 378.30 384.50 Td (the ) Tj ET Q q 0 0 0 rg BT 393.95 384.50 Td (812 ) Tj ET Q q 0 0 0 rg BT 412.38 384.50 Td (Superfast ) Tj ET Q q 0 0 0 rg BT 453.58 384.50 Td (and ) Tj ET Q q 0 0 0 rg BT 471.45 384.50 Td (the ) Tj ET Q q 0 0 0 rg BT 487.10 384.50 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 517.73 384.50 Td (Portofino, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 372.50 Td (partially ) Tj ET Q q 0 0 0 rg BT 121.82 372.50 Td (of) Tj ET Q q 0 0 0 rg BT 129.97 372.50 Td (fset ) Tj ET Q q 0 0 0 rg BT 146.91 372.50 Td (by ) Tj ET Q q 0 0 0 rg BT 159.41 372.50 Td (the ) Tj ET Q q 0 0 0 rg BT 174.13 372.50 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 215.50 372.50 Td (of ) Tj ET Q q 0 0 0 rg BT 226.33 372.50 Td (the ) Tj ET Q q 0 0 0 rg BT 241.05 372.50 Td (California ) Tj ET Q q 0 0 0 rg BT 283.91 372.50 Td (T) Tj ET Q q 0 0 0 rg BT 289.28 372.50 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 347.30 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 86.00 347.30 Td (The ) Tj ET Q q 0 0 0 rg BT 104.09 347.30 Td (5) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 114.09 347.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.89 347.30 Td (million ) Tj ET Q q 0 0 0 rg BT 148.33 347.30 Td (decrease ) Tj ET Q q 0 0 0 rg BT 185.29 347.30 Td (in ) Tj ET Q q 0 0 0 rg BT 195.62 347.30 Td (EMEA) Tj ET Q q 0 0 0 rg BT 223.40 347.30 Td ( ) Tj ET Q q 0 0 0 rg BT 225.94 347.30 Td (net ) Tj ET Q q 0 0 0 rg BT 240.71 347.30 Td (revenues ) Tj ET Q q 0 0 0 rg BT 278.79 347.30 Td (was ) Tj ET Q q 0 0 0 rg BT 296.89 347.30 Td (primarily ) Tj ET Q q 0 0 0 rg BT 336.65 347.30 Td (attributable ) Tj ET Q q 0 0 0 rg BT 384.73 347.30 Td (to ) Tj ET Q q 0 0 0 rg BT 395.05 347.30 Td (negative ) Tj ET Q q 0 0 0 rg BT 431.47 347.30 Td (mix, ) Tj ET Q q 0 0 0 rg BT 452.08 347.30 Td (driven ) Tj ET Q q 0 0 0 rg BT 480.17 347.30 Td (by ) Tj ET Q q 0 0 0 rg BT 492.71 347.30 Td (the ) Tj ET Q q 0 0 0 rg BT 507.48 347.30 Td (performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 335.30 Td (of ) Tj ET Q q 0 0 0 rg BT 96.58 335.30 Td (V8 ) Tj ET Q q 0 0 0 rg BT 111.23 335.30 Td (models, ) Tj ET Q q 0 0 0 rg BT 145.04 335.30 Td (and ) Tj ET Q q 0 0 0 rg BT 161.90 335.30 Td (in ) Tj ET Q q 0 0 0 rg BT 172.10 335.30 Td (particular) Tj ET Q q 0 0 0 rg BT 210.01 335.30 Td (, ) Tj ET Q q 0 0 0 rg BT 214.94 335.30 Td (deliveries ) Tj ET Q q 0 0 0 rg BT 256.23 335.30 Td (of ) Tj ET Q q 0 0 0 rg BT 266.99 335.30 Td (the ) Tj ET Q q 0 0 0 rg BT 281.63 335.30 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 311.26 335.30 Td (Portofino, ) Tj ET Q q 0 0 0 rg BT 353.96 335.30 Td (partially ) Tj ET Q q 0 0 0 rg BT 389.71 335.30 Td (of) Tj ET Q q 0 0 0 rg BT 397.86 335.30 Td (fset ) Tj ET Q q 0 0 0 rg BT 414.72 335.30 Td (by ) Tj ET Q q 0 0 0 rg BT 427.14 335.30 Td (positive ) Tj ET Q q 0 0 0 rg BT 461.23 335.30 Td (volume ) Tj ET Q q 0 0 0 rg BT 493.65 335.30 Td (impact. ) Tj ET Q q 0 0 0 rg BT 525.79 335.30 Td (Positive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 323.30 Td (volume ) Tj ET Q q 0 0 0 rg BT 118.37 323.30 Td (impact ) Tj ET Q q 0 0 0 rg BT 147.96 323.30 Td (was ) Tj ET Q q 0 0 0 rg BT 165.89 323.30 Td (driven ) Tj ET Q q 0 0 0 rg BT 193.81 323.30 Td (by ) Tj ET Q q 0 0 0 rg BT 206.18 323.30 Td (double ) Tj ET Q q 0 0 0 rg BT 235.78 323.30 Td (digit ) Tj ET Q q 0 0 0 rg BT 256.49 323.30 Td (growth ) Tj ET Q q 0 0 0 rg BT 287.19 323.30 Td (in ) Tj ET Q q 0 0 0 rg BT 297.35 323.30 Td (shipments ) Tj ET Q q 0 0 0 rg BT 340.28 323.30 Td (in ) Tj ET Q q 0 0 0 rg BT 350.43 323.30 Td (France, ) Tj ET Q q 0 0 0 rg BT 382.51 323.30 Td (the ) Tj ET Q q 0 0 0 rg BT 397.11 323.30 Td (Middle ) Tj ET Q q 0 0 0 rg BT 428.37 323.30 Td (East, ) Tj ET Q q 0 0 0 rg BT 450.46 323.30 Td (the ) Tj ET Q q 0 0 0 rg BT 465.05 323.30 Td (UK ) Tj ET Q q 0 0 0 rg BT 481.87 323.30 Td (and ) Tj ET Q q 0 0 0 rg BT 498.69 323.30 Td (Italy ) Tj ET Q q 0 0 0 rg BT 519.39 323.30 Td (as ) Tj ET Q q 0 0 0 rg BT 530.09 323.30 Td (well ) Tj ET Q q 0 0 0 rg BT 549.68 323.30 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 311.30 Td (single-digit ) Tj ET Q q 0 0 0 rg BT 134.08 311.30 Td (growth ) Tj ET Q q 0 0 0 rg BT 164.93 311.30 Td (in ) Tj ET Q q 0 0 0 rg BT 175.23 311.30 Td (Rest ) Tj ET Q q 0 0 0 rg BT 195.54 311.30 Td (of ) Tj ET Q q 0 0 0 rg BT 206.39 311.30 Td (EMEA) Tj ET Q q 0 0 0 rg BT 234.17 311.30 Td ( ) Tj ET Q q 0 0 0 rg BT 236.69 311.30 Td (and ) Tj ET Q q 0 0 0 rg BT 253.66 311.30 Td (Germany ) Tj ET Q q 0 0 0 rg BT 293.39 311.30 Td (and ) Tj ET Q q 0 0 0 rg BT 310.35 311.30 Td (was ) Tj ET Q q 0 0 0 rg BT 328.43 311.30 Td (primarily ) Tj ET Q q 0 0 0 rg BT 368.16 311.30 Td (attributable ) Tj ET Q q 0 0 0 rg BT 416.22 311.30 Td (to ) Tj ET Q q 0 0 0 rg BT 426.53 311.30 Td (the ) Tj ET Q q 0 0 0 rg BT 441.27 311.30 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 471.00 311.30 Td (Portofino ) Tj ET Q q 0 0 0 rg BT 511.30 311.30 Td (and ) Tj ET Q q 0 0 0 rg BT 528.27 311.30 Td (the ) Tj ET Q q 0 0 0 rg BT 543.01 311.30 Td (812 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 299.30 Td (Superfast, ) Tj ET Q q 0 0 0 rg BT 128.77 299.30 Td (partially ) Tj ET Q q 0 0 0 rg BT 164.59 299.30 Td (of) Tj ET Q q 0 0 0 rg BT 172.74 299.30 Td (fset ) Tj ET Q q 0 0 0 rg BT 189.68 299.30 Td (by ) Tj ET Q q 0 0 0 rg BT 202.18 299.30 Td (the ) Tj ET Q q 0 0 0 rg BT 216.89 299.30 Td (phase-outs ) Tj ET Q q 0 0 0 rg BT 262.16 299.30 Td (of ) Tj ET Q q 0 0 0 rg BT 272.99 299.30 Td (the ) Tj ET Q q 0 0 0 rg BT 287.71 299.30 Td (California ) Tj ET Q q 0 0 0 rg BT 330.57 299.30 Td (T) Tj ET Q q 0 0 0 rg BT 335.94 299.30 Td (, ) Tj ET Q q 0 0 0 rg BT 340.94 299.30 Td (the ) Tj ET Q q 0 0 0 rg BT 355.65 299.30 Td (F12berlinetta ) Tj ET Q q 0 0 0 rg BT 411.47 299.30 Td (and ) Tj ET Q q 0 0 0 rg BT 428.41 299.30 Td (the ) Tj ET Q q 0 0 0 rg BT 443.13 299.30 Td (F12tdf.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 274.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 86.00 274.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.45 274.10 Td (3) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 113.45 274.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.54 274.10 Td (million ) Tj ET Q q 0 0 0 rg BT 146.33 274.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 182.64 274.10 Td (in ) Tj ET Q q 0 0 0 rg BT 192.32 274.10 Td (China, ) Tj ET Q q 0 0 0 rg BT 220.60 274.10 Td (Hong ) Tj ET Q q 0 0 0 rg BT 244.73 274.10 Td (Kong ) Tj ET Q q 0 0 0 rg BT 268.85 274.10 Td (and ) Tj ET Q q 0 0 0 rg BT 285.05 274.10 Td (T) Tj ET Q q 0 0 0 rg BT 290.46 274.10 Td (aiwan ) Tj ET Q q 0 0 0 rg BT 316.23 274.10 Td (\(on ) Tj ET Q q 0 0 0 rg BT 331.46 274.10 Td (a ) Tj ET Q q 0 0 0 rg BT 337.80 274.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 379.13 274.10 Td (basis\) ) Tj ET Q q 0 0 0 rg BT 404.36 274.10 Td (net ) Tj ET Q q 0 0 0 rg BT 418.48 274.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 455.92 274.10 Td (was ) Tj ET Q q 0 0 0 rg BT 473.37 274.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 512.48 274.10 Td (attributable) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 262.10 Td (to ) Tj ET Q q 0 0 0 rg BT 96.89 262.10 Td (our ) Tj ET Q q 0 0 0 rg BT 113.33 262.10 Td (personalization ) Tj ET Q q 0 0 0 rg BT 177.53 262.10 Td (programs, ) Tj ET Q q 0 0 0 rg BT 220.90 262.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 257.33 262.10 Td (of) Tj ET Q q 0 0 0 rg BT 265.48 262.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 283.03 262.10 Td (by ) Tj ET Q q 0 0 0 rg BT 296.14 262.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 330.91 262.10 Td (volume ) Tj ET Q q 0 0 0 rg BT 364.02 262.10 Td (and ) Tj ET Q q 0 0 0 rg BT 381.57 262.10 Td (mix. ) Tj ET Q q 0 0 0 rg BT 402.51 262.10 Td (The ) Tj ET Q q 0 0 0 rg BT 421.16 262.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 457.03 262.10 Td (in ) Tj ET Q q 0 0 0 rg BT 467.91 262.10 Td (shipments ) Tj ET Q q 0 0 0 rg BT 511.58 262.10 Td (was ) Tj ET Q q 0 0 0 rg BT 530.24 262.10 Td (mainly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 250.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 114.05 250.10 Td (by ) Tj ET Q q 0 0 0 rg BT 126.55 250.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.26 250.10 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 170.97 250.10 Td (Portofino ) Tj ET Q q 0 0 0 rg BT 211.25 250.10 Td (and ) Tj ET Q q 0 0 0 rg BT 228.19 250.10 Td (the ) Tj ET Q q 0 0 0 rg BT 242.90 250.10 Td (812 ) Tj ET Q q 0 0 0 rg BT 260.40 250.10 Td (Superfast, ) Tj ET Q q 0 0 0 rg BT 303.17 250.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 338.99 250.10 Td (of) Tj ET Q q 0 0 0 rg BT 347.14 250.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 364.08 250.10 Td (by ) Tj ET Q q 0 0 0 rg BT 376.58 250.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.30 250.10 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 432.67 250.10 Td (of ) Tj ET Q q 0 0 0 rg BT 443.50 250.10 Td (the ) Tj ET Q q 0 0 0 rg BT 458.22 250.10 Td (California ) Tj ET Q q 0 0 0 rg BT 501.08 250.10 Td (T) Tj ET Q q 0 0 0 rg BT 506.45 250.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 226.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.91 226.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 140.70 226.10 Td (in ) Tj ET Q q 0 0 0 rg BT 150.84 226.10 Td (net ) Tj ET Q q 0 0 0 rg BT 165.42 226.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 203.33 226.10 Td (from ) Tj ET Q q 0 0 0 rg BT 225.13 226.10 Td (hypercars ) Tj ET Q q 0 0 0 rg BT 266.37 226.10 Td (and ) Tj ET Q q 0 0 0 rg BT 283.17 226.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 313.87 226.10 Td (edition ) Tj ET Q q 0 0 0 rg BT 344.01 226.10 Td (cars ) Tj ET Q q 0 0 0 rg BT 362.48 226.10 Td (was ) Tj ET Q q 0 0 0 rg BT 380.40 226.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 428.30 226.10 Td (to ) Tj ET Q q 0 0 0 rg BT 438.45 226.10 Td (a ) Tj ET Q q 0 0 0 rg BT 445.25 226.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 482.03 226.10 Td (in ) Tj ET Q q 0 0 0 rg BT 492.18 226.10 Td (shipments ) Tj ET Q q 0 0 0 rg BT 535.10 226.10 Td (of ) Tj ET Q q 0 0 0 rg BT 545.80 226.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (LaFerrari ) Tj ET Q q 0 0 0 rg BT 89.61 214.10 Td (Aperta, ) Tj ET Q q 0 0 0 rg BT 121.70 214.10 Td (which ) Tj ET Q q 0 0 0 rg BT 148.52 214.10 Td (is ) Tj ET Q q 0 0 0 rg BT 157.57 214.10 Td (finishing ) Tj ET Q q 0 0 0 rg BT 195.50 214.10 Td (its ) Tj ET Q q 0 0 0 rg BT 207.33 214.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 238.04 214.10 Td (series ) Tj ET Q q 0 0 0 rg BT 263.19 214.10 Td (run, ) Tj ET Q q 0 0 0 rg BT 281.40 214.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 317.10 214.10 Td (of) Tj ET Q q 0 0 0 rg BT 325.25 214.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 342.07 214.10 Td (by ) Tj ET Q q 0 0 0 rg BT 354.45 214.10 Td (deliveries ) Tj ET Q q 0 0 0 rg BT 395.70 214.10 Td (of ) Tj ET Q q 0 0 0 rg BT 406.41 214.10 Td (the ) Tj ET Q q 0 0 0 rg BT 421.01 214.10 Td (strictly ) Tj ET Q q 0 0 0 rg BT 451.16 214.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 481.87 214.10 Td (edition ) Tj ET Q q 0 0 0 rg BT 512.03 214.10 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 541.62 214.10 Td (J50.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (Engines) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 178.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 103.09 178.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 141.28 178.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 182.79 178.10 Td (from ) Tj ET Q q 0 0 0 rg BT 204.88 178.10 Td (engines ) Tj ET Q q 0 0 0 rg BT 238.08 178.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.16 178.10 Td (70 ) Tj ET Q q 0 0 0 rg BT 277.81 178.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.70 178.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.35 178.10 Td (for ) Tj ET Q q 0 0 0 rg BT 323.67 178.10 Td (the ) Tj ET Q q 0 0 0 rg BT 338.53 178.10 Td (three ) Tj ET Q q 0 0 0 rg BT 361.17 178.10 Td (months ) Tj ET Q q 0 0 0 rg BT 393.27 178.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 419.80 178.10 Td (September ) Tj ET Q q 0 0 0 rg BT 465.21 178.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.71 178.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.37 178.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.37 178.10 Td (, ) Tj ET Q q 0 0 0 rg BT 505.52 178.10 Td (a ) Tj ET Q q 0 0 0 rg BT 512.61 178.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 549.67 178.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (18 ) Tj ET Q q 0 0 0 rg BT 67.82 166.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.71 166.10 Td (, ) Tj ET Q q 0 0 0 rg BT 102.03 166.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.18 166.10 Td (19.9 ) Tj ET Q q 0 0 0 rg BT 133.50 166.10 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.92 166.10 Td (, ) Tj ET Q q 0 0 0 rg BT 168.24 166.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.50 166.10 Td (88 ) Tj ET Q q 0 0 0 rg BT 208.32 166.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.21 166.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.03 166.10 Td (for ) Tj ET Q q 0 0 0 rg BT 254.51 166.10 Td (the ) Tj ET Q q 0 0 0 rg BT 269.54 166.10 Td (three ) Tj ET Q q 0 0 0 rg BT 292.35 166.10 Td (months ) Tj ET Q q 0 0 0 rg BT 324.61 166.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 351.31 166.10 Td (September ) Tj ET Q q 0 0 0 rg BT 396.89 166.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.39 166.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.21 166.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.21 166.10 Td (. ) Tj ET Q q 0 0 0 rg BT 437.32 166.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.69 166.10 Td (18 ) Tj ET Q q 0 0 0 rg BT 473.51 166.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.40 166.10 Td ( ) Tj ET Q q 0 0 0 rg BT 505.22 166.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 542.45 166.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 81.01 154.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 129.78 154.10 Td (to ) Tj ET Q q 0 0 0 rg BT 140.79 154.10 Td (a ) Tj ET Q q 0 0 0 rg BT 148.47 154.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 186.12 154.10 Td (in ) Tj ET Q q 0 0 0 rg BT 197.13 154.10 Td (net ) Tj ET Q q 0 0 0 rg BT 212.58 154.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 251.35 154.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 293.45 154.10 Td (from ) Tj ET Q q 0 0 0 rg BT 316.12 154.10 Td (the ) Tj ET Q q 0 0 0 rg BT 331.57 154.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 350.36 154.10 Td (of ) Tj ET Q q 0 0 0 rg BT 361.92 154.10 Td (engines ) Tj ET Q q 0 0 0 rg BT 395.70 154.10 Td (to ) Tj ET Q q 0 0 0 rg BT 406.72 154.10 Td (Maserati, ) Tj ET Q q 0 0 0 rg BT 447.44 154.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 476.22 154.10 Td (by ) Tj ET Q q 0 0 0 rg BT 489.45 154.10 Td (a ) Tj ET Q q 0 0 0 rg BT 497.13 154.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 534.78 154.10 Td (in ) Tj ET Q q 0 0 0 rg BT 545.79 154.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (number ) Tj ET Q q 0 0 0 rg BT 83.05 142.10 Td (of ) Tj ET Q q 0 0 0 rg BT 93.88 142.10 Td (engines ) Tj ET Q q 0 0 0 rg BT 126.92 142.10 Td (shipped ) Tj ET Q q 0 0 0 rg BT 160.53 142.10 Td (in ) Tj ET Q q 0 0 0 rg BT 170.81 142.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.53 142.10 Td (third ) Tj ET Q q 0 0 0 rg BT 206.91 142.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 237.73 142.10 Td (of ) Tj ET Q q 0 0 0 rg BT 248.56 142.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 271.06 142.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 312.98 142.10 Td (to ) Tj ET Q q 0 0 0 rg BT 323.26 142.10 Td (the ) Tj ET Q q 0 0 0 rg BT 337.98 142.10 Td (third ) Tj ET Q q 0 0 0 rg BT 359.37 142.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 390.18 142.10 Td (of ) Tj ET Q q 0 0 0 rg BT 401.01 142.10 Td (2017.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (Sponsorship, ) Tj ET Q q 0 0 0 rg BT 106.14 118.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 156.96 118.10 Td (and ) Tj ET Q q 0 0 0 rg BT 175.02 118.10 Td (brand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 94.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 102.59 94.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 140.28 94.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 181.30 94.10 Td (from ) Tj ET Q q 0 0 0 rg BT 202.89 94.10 Td (sponsorship, ) Tj ET Q q 0 0 0 rg BT 255.33 94.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 304.68 94.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 352.36 94.10 Td (and ) Tj ET Q q 0 0 0 rg BT 368.95 94.10 Td (brand ) Tj ET Q q 0 0 0 rg BT 393.88 94.10 Td (management ) Tj ET Q q 0 0 0 rg BT 447.12 94.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 485.37 94.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.95 94.10 Td (128 ) Tj ET Q q 0 0 0 rg BT 529.11 94.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.00 94.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (for ) Tj ET Q q 0 0 0 rg BT 63.79 82.10 Td (the ) Tj ET Q q 0 0 0 rg BT 78.13 82.10 Td (three ) Tj ET Q q 0 0 0 rg BT 100.24 82.10 Td (months ) Tj ET Q q 0 0 0 rg BT 131.81 82.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 157.81 82.10 Td (September ) Tj ET Q q 0 0 0 rg BT 202.70 82.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.20 82.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.33 82.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.33 82.10 Td (, ) Tj ET Q q 0 0 0 rg BT 241.96 82.10 Td (an ) Tj ET Q q 0 0 0 rg BT 253.52 82.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 288.40 82.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.85 82.10 Td (4 ) Tj ET Q q 0 0 0 rg BT 310.98 82.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.87 82.10 Td (, ) Tj ET Q q 0 0 0 rg BT 344.50 82.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.95 82.10 Td (3.4 ) Tj ET Q q 0 0 0 rg BT 369.58 82.10 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 82.10 Td (, ) Tj ET Q q 0 0 0 rg BT 403.63 82.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.19 82.10 Td (124 ) Tj ET Q q 0 0 0 rg BT 447.32 82.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.21 82.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.33 82.10 Td (for ) Tj ET Q q 0 0 0 rg BT 492.12 82.10 Td (the ) Tj ET Q q 0 0 0 rg BT 506.46 82.10 Td (three ) Tj ET Q q 0 0 0 rg BT 528.57 82.10 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 76.72 70.10 Td (September ) Tj ET Q q 0 0 0 rg BT 122.33 70.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.83 70.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.67 70.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.67 70.10 Td (. ) Tj ET Q q 0 0 0 rg BT 162.81 70.10 Td (The ) Tj ET Q q 0 0 0 rg BT 181.20 70.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 216.80 70.10 Td (was ) Tj ET Q q 0 0 0 rg BT 235.20 70.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 275.25 70.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 323.63 70.10 Td (to ) Tj ET Q q 0 0 0 rg BT 334.26 70.10 Td (a ) Tj ET Q q 0 0 0 rg BT 341.54 70.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 369.93 70.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 392.78 70.10 Td (championship ) Tj ET Q q 0 0 0 rg BT 451.72 70.10 Td (ranking ) Tj ET Q q 0 0 0 rg BT 485.11 70.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 527.38 70.10 Td (to ) Tj ET Q q 0 0 0 rg BT 538.00 70.10 Td (2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 58.10 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 117.22 58.10 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 157.76 58.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 193.58 58.10 Td (of) Tj ET Q q 0 0 0 rg BT 201.73 58.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 218.67 58.10 Td (by ) Tj ET Q q 0 0 0 rg BT 231.17 58.10 Td (brand ) Tj ET Q q 0 0 0 rg BT 256.44 58.10 Td (related ) Tj ET Q q 0 0 0 rg BT 286.14 58.10 Td (activities.) Tj ET Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (12) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 706.25 Td (Other) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 108.77 706.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.04 706.25 Td (net ) Tj ET Q q 0 0 0 rg BT 125.53 706.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 163.34 706.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.04 706.25 Td (24 ) Tj ET Q q 0 0 0 rg BT 202.32 706.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.21 706.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.48 706.25 Td (for ) Tj ET Q q 0 0 0 rg BT 247.41 706.25 Td (the ) Tj ET Q q 0 0 0 rg BT 261.90 706.25 Td (three ) Tj ET Q q 0 0 0 rg BT 284.16 706.25 Td (months ) Tj ET Q q 0 0 0 rg BT 315.88 706.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 342.03 706.25 Td (September ) Tj ET Q q 0 0 0 rg BT 387.07 706.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.57 706.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.84 706.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.84 706.25 Td (, ) Tj ET Q q 0 0 0 rg BT 426.62 706.25 Td (an ) Tj ET Q q 0 0 0 rg BT 438.33 706.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 473.35 706.25 Td (of ) Tj ET Q q 0 0 0 rg BT 483.96 706.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.96 706.25 Td (5 ) Tj ET Q q 0 0 0 rg BT 496.23 706.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.12 706.25 Td (, ) Tj ET Q q 0 0 0 rg BT 529.89 706.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.50 706.25 Td (21.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 694.25 Td (, ) Tj ET Q q 0 0 0 rg BT 84.42 694.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.36 694.25 Td (19 ) Tj ET Q q 0 0 0 rg BT 123.86 694.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.75 694.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.25 694.25 Td (for ) Tj ET Q q 0 0 0 rg BT 169.41 694.25 Td (the ) Tj ET Q q 0 0 0 rg BT 184.13 694.25 Td (three ) Tj ET Q q 0 0 0 rg BT 206.62 694.25 Td (months ) Tj ET Q q 0 0 0 rg BT 238.56 694.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 264.94 694.25 Td (September ) Tj ET Q q 0 0 0 rg BT 310.21 694.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.71 694.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.21 694.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.21 694.25 Td (, ) Tj ET Q q 0 0 0 rg BT 350.21 694.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 389.92 694.25 Td (due ) Tj ET Q q 0 0 0 rg BT 406.86 694.25 Td (to ) Tj ET Q q 0 0 0 rg BT 417.13 694.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 454.61 694.25 Td (services.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (Cost ) Tj ET Q q 0 0 0 rg BT 71.94 670.25 Td (of ) Tj ET Q q 0 0 0 rg BT 82.77 670.25 Td (sales) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 596.75 146.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 197.50 596.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 596.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 596.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 596.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 596.75 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 596.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 596.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 596.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 596.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 596.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 596.75 57.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 645.75 m 253.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 645.75 m 257.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 645.75 m 313.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 645.75 m 317.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 645.75 m 374.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 645.75 m 378.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 645.75 m 434.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 645.75 m 494.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 645.75 m 498.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 645.75 m 555.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 645.75 m 253.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 610.75 m 253.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 645.75 m 313.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 610.75 m 313.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 645.75 m 374.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 610.75 m 374.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 645.75 m 434.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 610.75 m 434.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 610.75 m 494.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 610.75 m 498.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 610.75 m 555.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 610.75 m 253.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 610.75 m 313.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 610.75 m 374.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 610.75 m 434.5 610.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 235.85 650.20 Td (For) Tj ET Q q 0 0 0 rg BT 249.68 650.20 Td ( the thr) Tj ET Q q 0 0 0 rg BT 278.01 650.20 Td (ee months ended September) Tj ET Q q 0 0 0 rg BT 385.59 650.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.90 650.20 Td (Incr) Tj ET Q q 0 0 0 rg BT 475.23 650.20 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 515.04 650.20 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 216.00 615.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.80 633.20 Td (Per) Tj ET Q q 0 0 0 rg BT 277.12 633.20 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.10 624.20 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.05 615.20 Td (r) Tj ET Q q 0 0 0 rg BT 271.88 615.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.50 615.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.80 633.20 Td (Per) Tj ET Q q 0 0 0 rg BT 398.12 633.20 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.10 624.20 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.05 615.20 Td (r) Tj ET Q q 0 0 0 rg BT 392.88 615.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 615.20 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.25 601.21 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 587.21 Td (Cost of sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 236.50 587.21 Td (402) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.75 587.21 Td (47.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.50 587.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.50 587.21 Td (396) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.75 587.21 Td (47.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.50 587.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.50 587.21 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 536.25 587.21 Td (1.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 587.21 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.25 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 559.25 Td (Cost ) Tj ET Q q 0 0 0 rg BT 106.33 559.25 Td (of ) Tj ET Q q 0 0 0 rg BT 116.65 559.25 Td (sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.08 559.25 Td (for ) Tj ET Q q 0 0 0 rg BT 151.74 559.25 Td (the ) Tj ET Q q 0 0 0 rg BT 165.95 559.25 Td (three ) Tj ET Q q 0 0 0 rg BT 187.92 559.25 Td (months ) Tj ET Q q 0 0 0 rg BT 219.36 559.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 245.23 559.25 Td (September ) Tj ET Q q 0 0 0 rg BT 289.99 559.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.49 559.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.48 559.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.48 559.25 Td ( ) Tj ET Q q 0 0 0 rg BT 326.47 559.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.02 559.25 Td (402 ) Tj ET Q q 0 0 0 rg BT 366.01 559.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.90 559.25 Td (, ) Tj ET Q q 0 0 0 rg BT 399.39 559.25 Td (an ) Tj ET Q q 0 0 0 rg BT 410.82 559.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 445.57 559.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.89 559.25 Td (6 ) Tj ET Q q 0 0 0 rg BT 467.88 559.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.78 559.25 Td (, ) Tj ET Q q 0 0 0 rg BT 501.27 559.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.59 559.25 Td (1.3 ) Tj ET Q q 0 0 0 rg BT 526.08 559.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.51 559.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.32 547.25 Td (396 ) Tj ET Q q 0 0 0 rg BT 93.20 547.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.09 547.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.97 547.25 Td (for ) Tj ET Q q 0 0 0 rg BT 137.51 547.25 Td (the ) Tj ET Q q 0 0 0 rg BT 151.61 547.25 Td (three ) Tj ET Q q 0 0 0 rg BT 173.47 547.25 Td (months ) Tj ET Q q 0 0 0 rg BT 204.80 547.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 230.56 547.25 Td (September ) Tj ET Q q 0 0 0 rg BT 275.20 547.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.70 547.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.58 547.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.58 547.25 Td (. ) Tj ET Q q 0 0 0 rg BT 313.54 547.25 Td (As ) Tj ET Q q 0 0 0 rg BT 326.54 547.25 Td (a ) Tj ET Q q 0 0 0 rg BT 332.86 547.25 Td (percentage ) Tj ET Q q 0 0 0 rg BT 378.04 547.25 Td (of ) Tj ET Q q 0 0 0 rg BT 388.25 547.25 Td (net ) Tj ET Q q 0 0 0 rg BT 402.34 547.25 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 442.26 547.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 460.25 547.25 Td (of ) Tj ET Q q 0 0 0 rg BT 470.46 547.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 491.78 547.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.21 547.25 Td (47.9 ) Tj ET Q q 0 0 0 rg BT 528.59 547.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.25 Td (for ) Tj ET Q q 0 0 0 rg BT 64.16 535.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.88 535.25 Td (three ) Tj ET Q q 0 0 0 rg BT 101.36 535.25 Td (months ) Tj ET Q q 0 0 0 rg BT 133.31 535.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 159.69 535.25 Td (September ) Tj ET Q q 0 0 0 rg BT 204.95 535.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.45 535.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.95 535.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.95 535.25 Td ( ) Tj ET Q q 0 0 0 rg BT 242.45 535.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 284.38 535.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 535.25 Td (47.4 ) Tj ET Q q 0 0 0 rg BT 314.65 535.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.08 535.25 Td ( ) Tj ET Q q 0 0 0 rg BT 346.58 535.25 Td (for ) Tj ET Q q 0 0 0 rg BT 360.74 535.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.45 535.25 Td (three ) Tj ET Q q 0 0 0 rg BT 397.94 535.25 Td (months ) Tj ET Q q 0 0 0 rg BT 429.89 535.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 456.26 535.25 Td (September ) Tj ET Q q 0 0 0 rg BT 501.53 535.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.03 535.25 Td ( ) Tj ET Q q 0 0 0 rg BT 516.53 535.25 Td (2017. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.05 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 510.05 Td (The ) Tj ET Q q 0 0 0 rg BT 104.23 510.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 139.67 510.05 Td (in ) Tj ET Q q 0 0 0 rg BT 150.13 510.05 Td (cost ) Tj ET Q q 0 0 0 rg BT 168.92 510.05 Td (of ) Tj ET Q q 0 0 0 rg BT 179.93 510.05 Td (sales ) Tj ET Q q 0 0 0 rg BT 202.05 510.05 Td (was ) Tj ET Q q 0 0 0 rg BT 220.29 510.05 Td (primarily ) Tj ET Q q 0 0 0 rg BT 260.18 510.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 308.40 510.05 Td (to ) Tj ET Q q 0 0 0 rg BT 318.87 510.05 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 330.99 510.05 Td (an ) Tj ET Q q 0 0 0 rg BT 343.11 510.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 378.55 510.05 Td (in ) Tj ET Q q 0 0 0 rg BT 389.01 510.05 Td (costs ) Tj ET Q q 0 0 0 rg BT 411.69 510.05 Td (of ) Tj ET Q q 0 0 0 rg BT 422.70 510.05 Td (28) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.70 510.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.66 510.05 Td (million ) Tj ET Q q 0 0 0 rg BT 472.23 510.05 Td (driven ) Tj ET Q q 0 0 0 rg BT 500.46 510.05 Td (by ) Tj ET Q q 0 0 0 rg BT 513.14 510.05 Td (an ) Tj ET Q q 0 0 0 rg BT 525.27 510.05 Td (increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.85 Td (in ) Tj ET Q q 0 0 0 rg BT 60.65 496.85 Td (volumes ) Tj ET Q q 0 0 0 rg BT 97.42 496.85 Td (and ) Tj ET Q q 0 0 0 rg BT 114.73 496.85 Td (mix, ) Tj ET Q q 0 0 0 rg BT 135.66 496.85 Td (amortization ) Tj ET Q q 0 0 0 rg BT 189.07 496.85 Td (and ) Tj ET Q q 0 0 0 rg BT 206.39 496.85 Td (depreciation, ) Tj ET Q q 0 0 0 rg BT 261.18 496.85 Td (partially ) Tj ET Q q 0 0 0 rg BT 297.38 496.85 Td (of) Tj ET Q q 0 0 0 rg BT 305.52 496.85 Td (fset ) Tj ET Q q 0 0 0 rg BT 322.84 496.85 Td (by ) Tj ET Q q 0 0 0 rg BT 335.71 496.85 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 350.80 496.85 Td (a ) Tj ET Q q 0 0 0 rg BT 358.12 496.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 395.41 496.85 Td (of ) Tj ET Q q 0 0 0 rg BT 406.61 496.85 Td (22) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 421.61 496.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.77 496.85 Td (million ) Tj ET Q q 0 0 0 rg BT 456.54 496.85 Td (driven ) Tj ET Q q 0 0 0 rg BT 484.96 496.85 Td (by ) Tj ET Q q 0 0 0 rg BT 497.84 496.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 523.48 496.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 546.36 496.85 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.85 Td (supporting ) Tj ET Q q 0 0 0 rg BT 95.28 484.85 Td (activities, ) Tj ET Q q 0 0 0 rg BT 136.38 484.85 Td (including ) Tj ET Q q 0 0 0 rg BT 176.65 484.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 201.92 484.85 Td (engine ) Tj ET Q q 0 0 0 rg BT 231.07 484.85 Td (volumes.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 460.85 Td (Selling, ) Tj ET Q q 0 0 0 rg BT 83.90 460.85 Td (general ) Tj ET Q q 0 0 0 rg BT 118.05 460.85 Td (and ) Tj ET Q q 0 0 0 rg BT 136.67 460.85 Td (administrative ) Tj ET Q q 0 0 0 rg BT 201.39 460.85 Td (costs) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 373.35 146.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 197.50 373.35 56.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 373.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 373.35 56.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 373.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 373.35 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 373.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 373.35 56.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 373.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 373.35 56.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 373.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 373.35 57.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 423.35 m 253.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 423.35 m 257.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 423.35 m 313.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 423.35 m 317.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 423.35 m 374.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 423.35 m 378.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 423.35 m 434.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 423.35 m 494.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 423.35 m 498.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 423.35 m 555.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 423.35 m 253.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 388.35 m 253.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 423.35 m 313.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 388.35 m 313.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 423.35 m 374.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 388.35 m 374.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 423.35 m 434.5 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 388.35 m 434.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 388.35 m 494.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 388.35 m 498.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 388.35 m 555.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 388.35 m 253.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 388.35 m 313.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 388.35 m 374.5 388.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 388.35 m 434.5 388.35 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 235.85 427.80 Td (For) Tj ET Q q 0 0 0 rg BT 249.68 427.80 Td ( the thr) Tj ET Q q 0 0 0 rg BT 278.01 427.80 Td (ee months ended September) Tj ET Q q 0 0 0 rg BT 385.59 427.80 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.90 427.80 Td (Incr) Tj ET Q q 0 0 0 rg BT 475.23 427.80 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 515.04 427.80 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 216.00 392.80 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.80 410.80 Td (Per) Tj ET Q q 0 0 0 rg BT 277.12 410.80 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.10 401.80 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.05 392.80 Td (r) Tj ET Q q 0 0 0 rg BT 271.88 392.80 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.50 392.80 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.80 410.80 Td (Per) Tj ET Q q 0 0 0 rg BT 398.12 410.80 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.10 401.80 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.05 392.80 Td (r) Tj ET Q q 0 0 0 rg BT 392.88 392.80 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 392.80 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.25 377.81 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 361.81 Td (Selling, general and administrative ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 352.81 Td (costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 241.00 352.81 Td (87) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.75 352.81 Td (10.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.50 352.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 362.00 352.81 Td (91) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.75 352.81 Td (10.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.50 352.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.50 352.81 Td (\(4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 352.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 352.81 Td (\(4.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 352.81 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 324.85 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 324.85 Td (Selling, ) Tj ET Q q 0 0 0 rg BT 119.36 324.85 Td (general ) Tj ET Q q 0 0 0 rg BT 151.32 324.85 Td (and ) Tj ET Q q 0 0 0 rg BT 168.28 324.85 Td (administrative ) Tj ET Q q 0 0 0 rg BT 228.02 324.85 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.55 324.85 Td (for ) Tj ET Q q 0 0 0 rg BT 264.73 324.85 Td (the ) Tj ET Q q 0 0 0 rg BT 279.48 324.85 Td (three ) Tj ET Q q 0 0 0 rg BT 301.99 324.85 Td (months ) Tj ET Q q 0 0 0 rg BT 333.97 324.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 360.38 324.85 Td (September ) Tj ET Q q 0 0 0 rg BT 405.67 324.85 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.17 324.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.70 324.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.70 324.85 Td ( ) Tj ET Q q 0 0 0 rg BT 443.22 324.85 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.18 324.85 Td (87 ) Tj ET Q q 0 0 0 rg BT 482.71 324.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.60 324.85 Td (, ) Tj ET Q q 0 0 0 rg BT 516.63 324.85 Td (a ) Tj ET Q q 0 0 0 rg BT 523.60 324.85 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 312.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.62 312.85 Td (4 ) Tj ET Q q 0 0 0 rg BT 72.91 312.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.80 312.85 Td (, ) Tj ET Q q 0 0 0 rg BT 106.58 312.85 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.20 312.85 Td (4.1 ) Tj ET Q q 0 0 0 rg BT 131.99 312.85 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.41 312.85 Td (, ) Tj ET Q q 0 0 0 rg BT 166.20 312.85 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.93 312.85 Td (91 ) Tj ET Q q 0 0 0 rg BT 205.21 312.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.11 312.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.39 312.85 Td (for ) Tj ET Q q 0 0 0 rg BT 250.34 312.85 Td (the ) Tj ET Q q 0 0 0 rg BT 264.85 312.85 Td (three ) Tj ET Q q 0 0 0 rg BT 287.12 312.85 Td (months ) Tj ET Q q 0 0 0 rg BT 318.85 312.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 345.02 312.85 Td (September ) Tj ET Q q 0 0 0 rg BT 390.07 312.85 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.57 312.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.86 312.85 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.86 312.85 Td (. ) Tj ET Q q 0 0 0 rg BT 429.14 312.85 Td (As ) Tj ET Q q 0 0 0 rg BT 442.54 312.85 Td (a ) Tj ET Q q 0 0 0 rg BT 449.27 312.85 Td (percentage ) Tj ET Q q 0 0 0 rg BT 494.86 312.85 Td (of ) Tj ET Q q 0 0 0 rg BT 505.47 312.85 Td (net ) Tj ET Q q 0 0 0 rg BT 519.98 312.85 Td (revenues, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 300.85 Td (selling, ) Tj ET Q q 0 0 0 rg BT 82.18 300.85 Td (general ) Tj ET Q q 0 0 0 rg BT 114.62 300.85 Td (and ) Tj ET Q q 0 0 0 rg BT 132.07 300.85 Td (administrative ) Tj ET Q q 0 0 0 rg BT 192.29 300.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 215.31 300.85 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.75 300.85 Td (10.4 ) Tj ET Q q 0 0 0 rg BT 258.27 300.85 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.69 300.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.71 300.85 Td (for ) Tj ET Q q 0 0 0 rg BT 305.38 300.85 Td (the ) Tj ET Q q 0 0 0 rg BT 320.62 300.85 Td (three ) Tj ET Q q 0 0 0 rg BT 343.62 300.85 Td (months ) Tj ET Q q 0 0 0 rg BT 376.08 300.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 402.97 300.85 Td (September ) Tj ET Q q 0 0 0 rg BT 448.75 300.85 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.25 300.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.27 300.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.27 300.85 Td ( ) Tj ET Q q 0 0 0 rg BT 487.28 300.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 529.72 300.85 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.51 300.85 Td (10.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 288.85 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 288.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.92 288.85 Td (for ) Tj ET Q q 0 0 0 rg BT 96.08 288.85 Td (the ) Tj ET Q q 0 0 0 rg BT 110.80 288.85 Td (three ) Tj ET Q q 0 0 0 rg BT 133.29 288.85 Td (months ) Tj ET Q q 0 0 0 rg BT 165.23 288.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 191.61 288.85 Td (September ) Tj ET Q q 0 0 0 rg BT 236.88 288.85 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.38 288.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.88 288.85 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.88 288.85 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.85 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 264.85 Td (The ) Tj ET Q q 0 0 0 rg BT 103.42 264.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 139.71 264.85 Td (in ) Tj ET Q q 0 0 0 rg BT 149.36 264.85 Td (selling, ) Tj ET Q q 0 0 0 rg BT 180.40 264.85 Td (general ) Tj ET Q q 0 0 0 rg BT 211.70 264.85 Td (and ) Tj ET Q q 0 0 0 rg BT 228.01 264.85 Td (administrative ) Tj ET Q q 0 0 0 rg BT 287.09 264.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 308.97 264.85 Td (was ) Tj ET Q q 0 0 0 rg BT 326.39 264.85 Td (primarily ) Tj ET Q q 0 0 0 rg BT 365.48 264.85 Td (attributable ) Tj ET Q q 0 0 0 rg BT 412.89 264.85 Td (to ) Tj ET Q q 0 0 0 rg BT 422.54 264.85 Td (the ) Tj ET Q q 0 0 0 rg BT 436.63 264.85 Td (ef) Tj ET Q q 0 0 0 rg BT 444.22 264.85 Td (fect ) Tj ET Q q 0 0 0 rg BT 461.08 264.85 Td (of ) Tj ET Q q 0 0 0 rg BT 471.28 264.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 493.16 264.85 Td (incurred ) Tj ET Q q 0 0 0 rg BT 528.35 264.85 Td (in ) Tj ET Q q 0 0 0 rg BT 538.00 264.85 Td (2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.85 Td (related ) Tj ET Q q 0 0 0 rg BT 79.70 252.85 Td (to ) Tj ET Q q 0 0 0 rg BT 89.98 252.85 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 131.92 252.85 Td (for ) Tj ET Q q 0 0 0 rg BT 146.08 252.85 Td (Ferrari) Tj ET Q q 0 0 0 rg BT 176.06 252.85 Td (s ) Tj ET Q q 0 0 0 rg BT 182.46 252.85 Td (70th ) Tj ET Q q 0 0 0 rg BT 202.73 252.85 Td (anniversary) Tj ET Q q 0 0 0 rg BT 248.73 252.85 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 228.85 Td (Resear) Tj ET Q q 0 0 0 rg BT 79.25 228.85 Td (ch ) Tj ET Q q 0 0 0 rg BT 91.75 228.85 Td (and ) Tj ET Q q 0 0 0 rg BT 110.37 228.85 Td (development ) Tj ET Q q 0 0 0 rg BT 167.31 228.85 Td (costs) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 153.35 146.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 196.50 153.35 56.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 153.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 153.35 56.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 153.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 153.35 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 153.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 153.35 56.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 153.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 153.35 56.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 153.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 153.35 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 103.35 146.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 196.50 103.35 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 103.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 103.35 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 103.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 103.35 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 103.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 103.35 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 103.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 103.35 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 103.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 103.35 57.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 196.5 203.35000000000002 m 252.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 203.35000000000002 m 256.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 203.35000000000002 m 312.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 203.35000000000002 m 316.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 203.35000000000002 m 373.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 203.35000000000002 m 377.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 203.35000000000002 m 433.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 203.35000000000002 m 493.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 203.35000000000002 m 497.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 203.35000000000002 m 554.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 196.5 203.35000000000002 m 252.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 196.5 168.35000000000002 m 252.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 203.35000000000002 m 312.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 168.35000000000002 m 312.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 203.35000000000002 m 373.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 168.35000000000002 m 373.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 203.35000000000002 m 433.5 203.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 168.35000000000002 m 433.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 168.35000000000002 m 493.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 168.35000000000002 m 497.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 168.35000000000002 m 554.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 196.5 168.35000000000002 m 252.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 168.35000000000002 m 312.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 168.35000000000002 m 373.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 168.35000000000002 m 433.5 168.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 196.5 103.35000000000002 m 252.5 103.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 196.5 89.35000000000002 m 252.5 89.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 196.5 87.35000000000002 m 252.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 103.35000000000002 m 312.5 103.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 89.35000000000002 m 312.5 89.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 87.35000000000002 m 312.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 103.35000000000002 m 373.5 103.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 89.35000000000002 m 373.5 89.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 87.35000000000002 m 373.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 103.35000000000002 m 433.5 103.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 89.35000000000002 m 433.5 89.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 87.35000000000002 m 433.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 103.35000000000002 m 493.5 103.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 89.35000000000002 m 493.5 89.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 87.35000000000002 m 493.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 103.35000000000002 m 497.5 103.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 103.35000000000002 m 554.5 103.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 89.35000000000002 m 554.5 89.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 87.35000000000002 m 554.5 87.35000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 234.85 207.80 Td (For) Tj ET Q q 0 0 0 rg BT 248.68 207.80 Td ( the thr) Tj ET Q q 0 0 0 rg BT 277.01 207.80 Td (ee months ended September) Tj ET Q q 0 0 0 rg BT 384.59 207.80 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.90 207.80 Td (Incr) Tj ET Q q 0 0 0 rg BT 474.23 207.80 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 514.04 207.80 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 215.00 172.80 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 262.80 190.80 Td (Per) Tj ET Q q 0 0 0 rg BT 276.12 190.80 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.10 181.80 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 267.05 172.80 Td (r) Tj ET Q q 0 0 0 rg BT 270.88 172.80 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.50 172.80 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.80 190.80 Td (Per) Tj ET Q q 0 0 0 rg BT 397.12 190.80 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.10 181.80 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.05 172.80 Td (r) Tj ET Q q 0 0 0 rg BT 391.88 172.80 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.10 172.80 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 319.25 157.81 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 141.81 Td (Research and development costs ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 132.81 Td (expensed during the period) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 235.50 132.81 Td (1) Tj ET Q q 0 0 0 rg BT 240.00 132.81 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 287.25 132.81 Td (13.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 304.50 132.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.50 132.81 Td (124) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.25 132.81 Td (14.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 425.50 132.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.00 132.81 Td (\(1) Tj ET Q q 0 0 0 rg BT 485.50 132.81 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 132.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.75 132.81 Td (\(9.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 543.50 132.81 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 116.81 Td (Amortization of capitalized ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 107.81 Td (development costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 240.00 107.81 Td (30) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 291.75 107.81 Td (3.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 304.50 107.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.00 107.81 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.75 107.81 Td (2.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 425.50 107.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.50 107.81 Td (7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.25 107.81 Td (31.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.50 107.81 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 92.80 Td (Resear) Tj ET Q q 0 0 0 rg BT 79.32 92.80 Td (ch and development costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 235.50 92.80 Td (143) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 287.25 92.80 Td (17.1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.00 92.80 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.50 92.80 Td (147) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.25 92.80 Td (17.6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.00 92.80 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.50 92.80 Td (\(4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 92.80 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.75 92.80 Td (\(2.5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 542.00 92.80 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.85 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 64.85 Td (Research ) Tj ET Q q 0 0 0 rg BT 125.36 64.85 Td (and ) Tj ET Q q 0 0 0 rg BT 142.51 64.85 Td (development ) Tj ET Q q 0 0 0 rg BT 196.87 64.85 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.58 64.85 Td (for ) Tj ET Q q 0 0 0 rg BT 233.96 64.85 Td (the ) Tj ET Q q 0 0 0 rg BT 248.89 64.85 Td (three ) Tj ET Q q 0 0 0 rg BT 271.58 64.85 Td (months ) Tj ET Q q 0 0 0 rg BT 303.74 64.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 330.33 64.85 Td (September ) Tj ET Q q 0 0 0 rg BT 375.81 64.85 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.31 64.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.02 64.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.02 64.85 Td ( ) Tj ET Q q 0 0 0 rg BT 413.73 64.85 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.88 64.85 Td (143 ) Tj ET Q q 0 0 0 rg BT 458.59 64.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.48 64.85 Td (, ) Tj ET Q q 0 0 0 rg BT 492.69 64.85 Td (a ) Tj ET Q q 0 0 0 rg BT 499.84 64.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 536.97 64.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.01 64.85 Td (4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 52.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 52.85 Td (, ) Tj ET Q q 0 0 0 rg BT 84.58 52.85 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.11 52.85 Td (2.5 ) Tj ET Q q 0 0 0 rg BT 111.80 52.85 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.22 52.85 Td (, ) Tj ET Q q 0 0 0 rg BT 146.92 52.85 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.55 52.85 Td (147 ) Tj ET Q q 0 0 0 rg BT 192.74 52.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.63 52.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.82 52.85 Td (for ) Tj ET Q q 0 0 0 rg BT 239.67 52.85 Td (the ) Tj ET Q q 0 0 0 rg BT 255.08 52.85 Td (three ) Tj ET Q q 0 0 0 rg BT 278.26 52.85 Td (months ) Tj ET Q q 0 0 0 rg BT 310.90 52.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 337.97 52.85 Td (September ) Tj ET Q q 0 0 0 rg BT 383.93 52.85 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.43 52.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.62 52.85 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.62 52.85 Td (. ) Tj ET Q q 0 0 0 rg BT 424.61 52.85 Td (As ) Tj ET Q q 0 0 0 rg BT 438.91 52.85 Td (a ) Tj ET Q q 0 0 0 rg BT 446.54 52.85 Td (percentage ) Tj ET Q q 0 0 0 rg BT 493.04 52.85 Td (of ) Tj ET Q q 0 0 0 rg BT 504.56 52.85 Td (net ) Tj ET Q q 0 0 0 rg BT 519.97 52.85 Td (revenues, ) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (research ) Tj ET Q q 0 0 0 rg BT 85.62 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 102.38 742.10 Td (development ) Tj ET Q q 0 0 0 rg BT 156.35 742.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 178.66 742.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.41 742.10 Td (17.1 ) Tj ET Q q 0 0 0 rg BT 220.22 742.10 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.97 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 265.94 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 280.48 742.10 Td (three ) Tj ET Q q 0 0 0 rg BT 302.78 742.10 Td (months ) Tj ET Q q 0 0 0 rg BT 334.54 742.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 360.74 742.10 Td (September ) Tj ET Q q 0 0 0 rg BT 405.82 742.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.32 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.63 742.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.63 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 442.95 742.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 484.69 742.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.79 742.10 Td (17.6 ) Tj ET Q q 0 0 0 rg BT 514.60 742.10 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.03 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.35 742.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 730.10 Td (three ) Tj ET Q q 0 0 0 rg BT 87.20 730.10 Td (months ) Tj ET Q q 0 0 0 rg BT 119.15 730.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 145.53 730.10 Td (September ) Tj ET Q q 0 0 0 rg BT 190.79 730.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.29 730.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.79 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.79 730.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 706.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.26 706.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 141.39 706.10 Td (in ) Tj ET Q q 0 0 0 rg BT 151.88 706.10 Td (research ) Tj ET Q q 0 0 0 rg BT 187.89 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 205.05 706.10 Td (development ) Tj ET Q q 0 0 0 rg BT 259.41 706.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 282.12 706.10 Td (during ) Tj ET Q q 0 0 0 rg BT 310.94 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 325.87 706.10 Td (period ) Tj ET Q q 0 0 0 rg BT 354.13 706.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.17 706.10 Td (4 ) Tj ET Q q 0 0 0 rg BT 377.88 706.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.78 706.10 Td ( ) Tj ET Q q 0 0 0 rg BT 409.49 706.10 Td (was ) Tj ET Q q 0 0 0 rg BT 427.75 706.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 458.24 706.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 486.50 706.10 Td (by ) Tj ET Q q 0 0 0 rg BT 499.21 706.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 524.69 706.10 Td (research ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 694.10 Td (development ) Tj ET Q q 0 0 0 rg BT 121.09 694.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 143.59 694.10 Td (for ) Tj ET Q q 0 0 0 rg BT 157.75 694.10 Td (Formula ) Tj ET Q q 0 0 0 rg BT 194.14 694.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 201.64 694.10 Td (activities.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 670.10 Td ( ) Tj ET Q q 0 0 0 rg BT 77.87 670.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 120.09 670.10 Td (net) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 606.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 606.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 606.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 606.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 606.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 606.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 606.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 606.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 636.6 m 348.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 636.6 m 352.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 636.6 m 417.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 636.6 m 486.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 636.6 m 490.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 636.6 m 555.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 636.6 m 348.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 621.6 m 348.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 636.6 m 417.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 621.6 m 417.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 621.6 m 486.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 621.6 m 490.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 621.6 m 555.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 621.6 m 348.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 621.6 m 417.5 621.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.90 650.05 Td (For) Tj ET Q q 0 0 0 rg BT 312.73 650.05 Td ( the thr) Tj ET Q q 0 0 0 rg BT 341.06 650.05 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.55 641.05 Td (September) Tj ET Q q 0 0 0 rg BT 365.88 641.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.40 641.05 Td (Incr) Tj ET Q q 0 0 0 rg BT 466.73 641.05 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 506.54 641.05 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.50 626.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.50 626.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.60 626.05 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.25 611.06 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 596.06 Td (Other expenses, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 340.50 596.06 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 596.06 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.50 596.06 Td (3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.95 596.06 Td (n.m.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 566.90 Td (Other ) Tj ET Q q 0 0 0 rg BT 110.44 566.90 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 150.71 566.90 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.59 566.90 Td (for ) Tj ET Q q 0 0 0 rg BT 177.92 566.90 Td (the ) Tj ET Q q 0 0 0 rg BT 191.81 566.90 Td (three ) Tj ET Q q 0 0 0 rg BT 213.46 566.90 Td (months ) Tj ET Q q 0 0 0 rg BT 244.58 566.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 270.12 566.90 Td (September ) Tj ET Q q 0 0 0 rg BT 314.56 566.90 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.06 566.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.72 566.90 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.72 566.90 Td ( ) Tj ET Q q 0 0 0 rg BT 350.39 566.90 Td (included ) Tj ET Q q 0 0 0 rg BT 386.50 566.90 Td (other ) Tj ET Q q 0 0 0 rg BT 408.71 566.90 Td (expenses ) Tj ET Q q 0 0 0 rg BT 446.48 566.90 Td (of ) Tj ET Q q 0 0 0 rg BT 456.48 566.90 Td (5) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 466.48 566.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.31 566.90 Td (million, ) Tj ET Q q 0 0 0 rg BT 501.37 566.90 Td (mainly ) Tj ET Q q 0 0 0 rg BT 530.82 566.90 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 553.70 Td (to ) Tj ET Q q 0 0 0 rg BT 60.48 553.70 Td (provisions, ) Tj ET Q q 0 0 0 rg BT 107.35 553.70 Td (indirect ) Tj ET Q q 0 0 0 rg BT 140.59 553.70 Td (taxes ) Tj ET Q q 0 0 0 rg BT 163.84 553.70 Td (and ) Tj ET Q q 0 0 0 rg BT 180.98 553.70 Td (other ) Tj ET Q q 0 0 0 rg BT 204.22 553.70 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 263.57 553.70 Td (expenses ) Tj ET Q q 0 0 0 rg BT 302.37 553.70 Td (partially ) Tj ET Q q 0 0 0 rg BT 338.39 553.70 Td (of) Tj ET Q q 0 0 0 rg BT 346.54 553.70 Td (fset ) Tj ET Q q 0 0 0 rg BT 363.68 553.70 Td (by ) Tj ET Q q 0 0 0 rg BT 376.38 553.70 Td (other ) Tj ET Q q 0 0 0 rg BT 399.63 553.70 Td (income ) Tj ET Q q 0 0 0 rg BT 431.76 553.70 Td (of ) Tj ET Q q 0 0 0 rg BT 442.79 553.70 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 452.79 553.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.76 553.70 Td (million, ) Tj ET Q q 0 0 0 rg BT 489.85 553.70 Td (mainly ) Tj ET Q q 0 0 0 rg BT 520.33 553.70 Td (related ) Tj ET Q q 0 0 0 rg BT 550.23 553.70 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.70 Td (rental ) Tj ET Q q 0 0 0 rg BT 75.26 541.70 Td (income ) Tj ET Q q 0 0 0 rg BT 107.20 541.70 Td (and ) Tj ET Q q 0 0 0 rg BT 124.14 541.70 Td (other ) Tj ET Q q 0 0 0 rg BT 147.18 541.70 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 206.33 541.70 Td (income. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 517.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 517.70 Td (Other ) Tj ET Q q 0 0 0 rg BT 110.45 517.70 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 150.72 517.70 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.62 517.70 Td (for ) Tj ET Q q 0 0 0 rg BT 177.95 517.70 Td (the ) Tj ET Q q 0 0 0 rg BT 191.85 517.70 Td (three ) Tj ET Q q 0 0 0 rg BT 213.51 517.70 Td (months ) Tj ET Q q 0 0 0 rg BT 244.64 517.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 270.19 517.70 Td (September ) Tj ET Q q 0 0 0 rg BT 314.63 517.70 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.13 517.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.81 517.70 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.81 517.70 Td ( ) Tj ET Q q 0 0 0 rg BT 350.48 517.70 Td (included ) Tj ET Q q 0 0 0 rg BT 386.60 517.70 Td (other ) Tj ET Q q 0 0 0 rg BT 408.82 517.70 Td (expenses ) Tj ET Q q 0 0 0 rg BT 446.60 517.70 Td (of ) Tj ET Q q 0 0 0 rg BT 456.60 517.70 Td (2 ) Tj ET Q q 0 0 0 rg BT 468.28 517.70 Td (million, ) Tj ET Q q 0 0 0 rg BT 501.35 517.70 Td (mainly ) Tj ET Q q 0 0 0 rg BT 530.80 517.70 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 505.70 Td (to ) Tj ET Q q 0 0 0 rg BT 59.86 505.70 Td (indirect ) Tj ET Q q 0 0 0 rg BT 92.48 505.70 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 117.61 505.70 Td (partially ) Tj ET Q q 0 0 0 rg BT 153.01 505.70 Td (of) Tj ET Q q 0 0 0 rg BT 161.16 505.70 Td (fset ) Tj ET Q q 0 0 0 rg BT 177.68 505.70 Td (by ) Tj ET Q q 0 0 0 rg BT 189.76 505.70 Td (other ) Tj ET Q q 0 0 0 rg BT 212.39 505.70 Td (income ) Tj ET Q q 0 0 0 rg BT 243.91 505.70 Td (of ) Tj ET Q q 0 0 0 rg BT 254.32 505.70 Td (1 ) Tj ET Q q 0 0 0 rg BT 266.40 505.70 Td (million, ) Tj ET Q q 0 0 0 rg BT 299.87 505.70 Td (mainly ) Tj ET Q q 0 0 0 rg BT 329.73 505.70 Td (related ) Tj ET Q q 0 0 0 rg BT 359.01 505.70 Td (to ) Tj ET Q q 0 0 0 rg BT 368.87 505.70 Td (rental ) Tj ET Q q 0 0 0 rg BT 393.72 505.70 Td (income ) Tj ET Q q 0 0 0 rg BT 425.23 505.70 Td (and ) Tj ET Q q 0 0 0 rg BT 441.75 505.70 Td (gains ) Tj ET Q q 0 0 0 rg BT 464.94 505.70 Td (on ) Tj ET Q q 0 0 0 rg BT 477.02 505.70 Td (disposal ) Tj ET Q q 0 0 0 rg BT 511.88 505.70 Td (of ) Tj ET Q q 0 0 0 rg BT 522.30 505.70 Td (property) Tj ET Q q 0 0 0 rg BT 555.52 505.70 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 493.70 Td (plant ) Tj ET Q q 0 0 0 rg BT 72.50 493.70 Td (and ) Tj ET Q q 0 0 0 rg BT 89.43 493.70 Td (equipment.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 469.70 Td (EBIT) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 394.20 146.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 197.50 394.20 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 394.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 394.20 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 394.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 394.20 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 394.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 394.20 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 394.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 394.20 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 394.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 394.20 57.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 444.2 m 253.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 444.2 m 257.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 444.2 m 313.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 444.2 m 317.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 444.2 m 374.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 444.2 m 378.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 444.2 m 434.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 444.2 m 494.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 444.2 m 498.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 444.2 m 555.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 444.2 m 253.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 409.2 m 253.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 444.2 m 313.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 409.2 m 313.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 444.2 m 374.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 409.2 m 374.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 444.2 m 434.5 444.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 409.2 m 434.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 409.2 m 494.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 409.2 m 498.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 409.2 m 555.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197.5 409.2 m 253.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.5 409.2 m 313.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 409.2 m 374.5 409.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 409.2 m 434.5 409.2 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 235.85 448.65 Td (For) Tj ET Q q 0 0 0 rg BT 249.68 448.65 Td ( the thr) Tj ET Q q 0 0 0 rg BT 278.01 448.65 Td (ee months ended September) Tj ET Q q 0 0 0 rg BT 385.59 448.65 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.90 448.65 Td (Incr) Tj ET Q q 0 0 0 rg BT 475.23 448.65 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 515.04 448.65 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 216.00 413.65 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.80 431.65 Td (Per) Tj ET Q q 0 0 0 rg BT 277.12 431.65 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.10 422.65 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.05 413.65 Td (r) Tj ET Q q 0 0 0 rg BT 271.88 413.65 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.50 413.65 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.80 431.65 Td (Per) Tj ET Q q 0 0 0 rg BT 398.12 431.65 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.10 422.65 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.05 413.65 Td (r) Tj ET Q q 0 0 0 rg BT 392.88 413.65 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 413.65 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.25 398.66 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.00 383.66 Td (EBIT) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 236.50 383.66 Td (203) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.75 383.66 Td (24.2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.50 383.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.50 383.66 Td (202) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.75 383.66 Td (24.2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.50 383.66 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.50 383.66 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 536.25 383.66 Td (0.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 383.66 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 355.70 Td (EBIT) Tj ET Q q 0 0 0 rg BT 108.04 355.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.36 355.70 Td (for ) Tj ET Q q 0 0 0 rg BT 124.34 355.70 Td (the ) Tj ET Q q 0 0 0 rg BT 138.88 355.70 Td (three ) Tj ET Q q 0 0 0 rg BT 161.19 355.70 Td (months ) Tj ET Q q 0 0 0 rg BT 192.96 355.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 219.16 355.70 Td (September ) Tj ET Q q 0 0 0 rg BT 264.25 355.70 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.75 355.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.07 355.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.07 355.70 Td ( ) Tj ET Q q 0 0 0 rg BT 301.40 355.70 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.27 355.70 Td (203 ) Tj ET Q q 0 0 0 rg BT 341.59 355.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.49 355.70 Td (, ) Tj ET Q q 0 0 0 rg BT 375.31 355.70 Td (an ) Tj ET Q q 0 0 0 rg BT 387.07 355.70 Td (increase ) Tj ET Q q 0 0 0 rg BT 422.15 355.70 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 355.70 Td (1 ) Tj ET Q q 0 0 0 rg BT 445.13 355.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.02 355.70 Td (, ) Tj ET Q q 0 0 0 rg BT 478.84 355.70 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.49 355.70 Td (0.4 ) Tj ET Q q 0 0 0 rg BT 504.32 355.70 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.74 355.70 Td (, ) Tj ET Q q 0 0 0 rg BT 538.56 355.70 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.70 Td (202 ) Tj ET Q q 0 0 0 rg BT 72.50 343.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.39 343.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 343.70 Td (for ) Tj ET Q q 0 0 0 rg BT 118.05 343.70 Td (the ) Tj ET Q q 0 0 0 rg BT 132.77 343.70 Td (three ) Tj ET Q q 0 0 0 rg BT 155.25 343.70 Td (months ) Tj ET Q q 0 0 0 rg BT 187.20 343.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 213.58 343.70 Td (September ) Tj ET Q q 0 0 0 rg BT 258.84 343.70 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.34 343.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.84 343.70 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.84 343.70 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.50 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 318.50 Td (The ) Tj ET Q q 0 0 0 rg BT 104.00 318.50 Td (increase ) Tj ET Q q 0 0 0 rg BT 139.20 318.50 Td (in ) Tj ET Q q 0 0 0 rg BT 149.43 318.50 Td (EBIT) Tj ET Q q 0 0 0 rg BT 171.46 318.50 Td ( ) Tj ET Q q 0 0 0 rg BT 173.91 318.50 Td (was ) Tj ET Q q 0 0 0 rg BT 191.91 318.50 Td (primarily ) Tj ET Q q 0 0 0 rg BT 231.57 318.50 Td (attributable ) Tj ET Q q 0 0 0 rg BT 279.56 318.50 Td (to ) Tj ET Q q 0 0 0 rg BT 289.78 318.50 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 301.67 318.50 Td (positive ) Tj ET Q q 0 0 0 rg BT 335.79 318.50 Td (volume ) Tj ET Q q 0 0 0 rg BT 368.23 318.50 Td (impact ) Tj ET Q q 0 0 0 rg BT 397.89 318.50 Td (of ) Tj ET Q q 0 0 0 rg BT 408.67 318.50 Td (23) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 423.67 318.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.36 318.50 Td (million, ) Tj ET Q q 0 0 0 rg BT 460.20 318.50 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 474.87 318.50 Td (a ) Tj ET Q q 0 0 0 rg BT 481.76 318.50 Td (decrease ) Tj ET Q q 0 0 0 rg BT 518.62 318.50 Td (in ) Tj ET Q q 0 0 0 rg BT 528.85 318.50 Td (selling, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 305.30 Td (general ) Tj ET Q q 0 0 0 rg BT 81.24 305.30 Td (and ) Tj ET Q q 0 0 0 rg BT 97.50 305.30 Td (administrative ) Tj ET Q q 0 0 0 rg BT 156.52 305.30 Td (costs ) Tj ET Q q 0 0 0 rg BT 178.34 305.30 Td (of ) Tj ET Q q 0 0 0 rg BT 188.49 305.30 Td (4) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.49 305.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.49 305.30 Td (million, ) Tj ET Q q 0 0 0 rg BT 233.70 305.30 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 250.51 305.30 Td (a ) Tj ET Q q 0 0 0 rg BT 256.77 305.30 Td (decrease ) Tj ET Q q 0 0 0 rg BT 293.00 305.30 Td (in ) Tj ET Q q 0 0 0 rg BT 302.60 305.30 Td (research ) Tj ET Q q 0 0 0 rg BT 337.72 305.30 Td (and ) Tj ET Q q 0 0 0 rg BT 353.98 305.30 Td (development ) Tj ET Q q 0 0 0 rg BT 407.44 305.30 Td (costs ) Tj ET Q q 0 0 0 rg BT 429.26 305.30 Td (of ) Tj ET Q q 0 0 0 rg BT 439.41 305.30 Td (4) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.41 305.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.41 305.30 Td (million, ) Tj ET Q q 0 0 0 rg BT 484.62 305.30 Td (and ) Tj ET Q q 0 0 0 rg BT 500.87 305.30 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 517.13 305.30 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.13 305.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.13 305.30 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 293.30 Td (of ) Tj ET Q q 0 0 0 rg BT 61.00 293.30 Td (positive ) Tj ET Q q 0 0 0 rg BT 95.34 293.30 Td (contribution ) Tj ET Q q 0 0 0 rg BT 146.90 293.30 Td (from ) Tj ET Q q 0 0 0 rg BT 169.01 293.30 Td (other ) Tj ET Q q 0 0 0 rg BT 192.24 293.30 Td (supporting ) Tj ET Q q 0 0 0 rg BT 237.69 293.30 Td (activities, ) Tj ET Q q 0 0 0 rg BT 278.96 293.30 Td (partially ) Tj ET Q q 0 0 0 rg BT 314.96 293.30 Td (of) Tj ET Q q 0 0 0 rg BT 323.11 293.30 Td (fset ) Tj ET Q q 0 0 0 rg BT 340.22 293.30 Td (by ) Tj ET Q q 0 0 0 rg BT 352.90 293.30 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 367.23 293.30 Td (negative ) Tj ET Q q 0 0 0 rg BT 403.78 293.30 Td (net ) Tj ET Q q 0 0 0 rg BT 418.67 293.30 Td (foreign ) Tj ET Q q 0 0 0 rg BT 450.22 293.30 Td (currency ) Tj ET Q q 0 0 0 rg BT 487.87 293.30 Td (exchange ) Tj ET Q q 0 0 0 rg BT 528.30 293.30 Td (impact, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.10 Td (including ) Tj ET Q q 0 0 0 rg BT 89.79 280.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 120.69 280.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 157.68 280.10 Td (hedging ) Tj ET Q q 0 0 0 rg BT 191.92 280.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 243.10 280.10 Td (of ) Tj ET Q q 0 0 0 rg BT 253.45 280.10 Td (19) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 268.45 280.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.67 280.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 304.08 280.10 Td (and ) Tj ET Q q 0 0 0 rg BT 320.53 280.10 Td (\(vi\) ) Tj ET Q q 0 0 0 rg BT 336.99 280.10 Td (negative ) Tj ET Q q 0 0 0 rg BT 372.88 280.10 Td (product ) Tj ET Q q 0 0 0 rg BT 405.44 280.10 Td (mix ) Tj ET Q q 0 0 0 rg BT 423.02 280.10 Td (and ) Tj ET Q q 0 0 0 rg BT 439.48 280.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 469.82 280.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 499.05 280.10 Td (of ) Tj ET Q q 0 0 0 rg BT 509.40 280.10 Td (12) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.40 280.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.62 280.10 Td (million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.90 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 254.90 Td (The ) Tj ET Q q 0 0 0 rg BT 103.98 254.90 Td (positive ) Tj ET Q q 0 0 0 rg BT 138.08 254.90 Td (volume ) Tj ET Q q 0 0 0 rg BT 170.51 254.90 Td (impact ) Tj ET Q q 0 0 0 rg BT 200.16 254.90 Td (of ) Tj ET Q q 0 0 0 rg BT 210.92 254.90 Td (23) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 225.92 254.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.60 254.90 Td (million ) Tj ET Q q 0 0 0 rg BT 259.92 254.90 Td (was ) Tj ET Q q 0 0 0 rg BT 277.91 254.90 Td (attributable ) Tj ET Q q 0 0 0 rg BT 325.88 254.90 Td (to ) Tj ET Q q 0 0 0 rg BT 336.09 254.90 Td (an ) Tj ET Q q 0 0 0 rg BT 347.96 254.90 Td (increase ) Tj ET Q q 0 0 0 rg BT 383.15 254.90 Td (in ) Tj ET Q q 0 0 0 rg BT 393.37 254.90 Td (shipments, ) Tj ET Q q 0 0 0 rg BT 438.86 254.90 Td (driven ) Tj ET Q q 0 0 0 rg BT 466.84 254.90 Td (by ) Tj ET Q q 0 0 0 rg BT 479.27 254.90 Td (the ) Tj ET Q q 0 0 0 rg BT 493.92 254.90 Td (Ferari ) Tj ET Q q 0 0 0 rg BT 520.23 254.90 Td (Portofino ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.70 Td (and ) Tj ET Q q 0 0 0 rg BT 66.52 241.70 Td (the ) Tj ET Q q 0 0 0 rg BT 80.81 241.70 Td (812 ) Tj ET Q q 0 0 0 rg BT 97.89 241.70 Td (Superfast. ) Tj ET Q q 0 0 0 rg BT 140.08 241.70 Td (The ) Tj ET Q q 0 0 0 rg BT 157.71 241.70 Td (negative ) Tj ET Q q 0 0 0 rg BT 193.66 241.70 Td (product ) Tj ET Q q 0 0 0 rg BT 226.28 241.70 Td (mix ) Tj ET Q q 0 0 0 rg BT 243.92 241.70 Td (and ) Tj ET Q q 0 0 0 rg BT 260.43 241.70 Td (pricing ) Tj ET Q q 0 0 0 rg BT 290.84 241.70 Td (impact ) Tj ET Q q 0 0 0 rg BT 320.13 241.70 Td (of ) Tj ET Q q 0 0 0 rg BT 330.53 241.70 Td (12) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 345.53 241.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.82 241.70 Td (million ) Tj ET Q q 0 0 0 rg BT 378.79 241.70 Td (was ) Tj ET Q q 0 0 0 rg BT 396.42 241.70 Td (primarily ) Tj ET Q q 0 0 0 rg BT 435.71 241.70 Td (attributable ) Tj ET Q q 0 0 0 rg BT 483.32 241.70 Td (to ) Tj ET Q q 0 0 0 rg BT 493.18 241.70 Td (the ) Tj ET Q q 0 0 0 rg BT 507.47 241.70 Td (performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.70 Td (of ) Tj ET Q q 0 0 0 rg BT 60.12 229.70 Td (V8 ) Tj ET Q q 0 0 0 rg BT 74.27 229.70 Td (models ) Tj ET Q q 0 0 0 rg BT 105.09 229.70 Td (and ) Tj ET Q q 0 0 0 rg BT 121.46 229.70 Td (lower ) Tj ET Q q 0 0 0 rg BT 146.16 229.70 Td (sales ) Tj ET Q q 0 0 0 rg BT 167.53 229.70 Td (of ) Tj ET Q q 0 0 0 rg BT 177.79 229.70 Td (the ) Tj ET Q q 0 0 0 rg BT 191.94 229.70 Td (LaFerrari ) Tj ET Q q 0 0 0 rg BT 231.20 229.70 Td (Aperta, ) Tj ET Q q 0 0 0 rg BT 262.84 229.70 Td (which ) Tj ET Q q 0 0 0 rg BT 289.21 229.70 Td (is ) Tj ET Q q 0 0 0 rg BT 297.81 229.70 Td (finishing ) Tj ET Q q 0 0 0 rg BT 335.30 229.70 Td (its ) Tj ET Q q 0 0 0 rg BT 346.68 229.70 Td (limited ) Tj ET Q q 0 0 0 rg BT 376.94 229.70 Td (series ) Tj ET Q q 0 0 0 rg BT 401.64 229.70 Td (run, ) Tj ET Q q 0 0 0 rg BT 419.40 229.70 Td (partially ) Tj ET Q q 0 0 0 rg BT 454.65 229.70 Td (of) Tj ET Q q 0 0 0 rg BT 462.80 229.70 Td (fset ) Tj ET Q q 0 0 0 rg BT 479.17 229.70 Td (by ) Tj ET Q q 0 0 0 rg BT 491.10 229.70 Td (pricing ) Tj ET Q q 0 0 0 rg BT 521.36 229.70 Td (increases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.70 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 217.70 Td (deliveries ) Tj ET Q q 0 0 0 rg BT 108.31 217.70 Td (of ) Tj ET Q q 0 0 0 rg BT 119.14 217.70 Td (the ) Tj ET Q q 0 0 0 rg BT 133.86 217.70 Td (strictly ) Tj ET Q q 0 0 0 rg BT 164.13 217.70 Td (limited ) Tj ET Q q 0 0 0 rg BT 194.96 217.70 Td (edition ) Tj ET Q q 0 0 0 rg BT 225.23 217.70 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 254.94 217.70 Td (J50.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 193.70 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.49 193.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 107.22 193.70 Td (expenses) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 130.20 229.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 130.20 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 130.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 130.20 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 130.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 130.20 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 130.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 130.20 69.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 160.20000000000005 m 342.5 160.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 160.20000000000005 m 346.5 160.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 160.20000000000005 m 410.5 160.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 160.20000000000005 m 484.5 160.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 160.20000000000005 m 488.5 160.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 160.20000000000005 m 557.5 160.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 160.20000000000005 m 342.5 160.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 145.20000000000005 m 342.5 145.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 160.20000000000005 m 410.5 160.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 145.20000000000005 m 410.5 145.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 145.20000000000005 m 484.5 145.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 145.20000000000005 m 488.5 145.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 145.20000000000005 m 557.5 145.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 145.20000000000005 m 342.5 145.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 145.20000000000005 m 410.5 145.20000000000005 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.90 173.65 Td (For) Tj ET Q q 0 0 0 rg BT 306.73 173.65 Td ( the thr) Tj ET Q q 0 0 0 rg BT 335.06 173.65 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.55 164.65 Td (September) Tj ET Q q 0 0 0 rg BT 359.88 164.65 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.90 164.65 Td (Incr) Tj ET Q q 0 0 0 rg BT 464.23 164.65 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 504.04 164.65 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.00 149.65 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.00 149.65 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.10 149.65 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.75 134.66 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 119.66 Td (Net financial expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 334.50 119.66 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 402.50 119.66 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.50 119.66 Td (\(2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.00 119.66 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.75 119.66 Td (\(22.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.50 119.66 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.70 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 91.70 Td (Net ) Tj ET Q q 0 0 0 rg BT 102.85 91.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 140.23 91.70 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.74 91.70 Td (for ) Tj ET Q q 0 0 0 rg BT 192.81 91.70 Td (the ) Tj ET Q q 0 0 0 rg BT 207.43 91.70 Td (three ) Tj ET Q q 0 0 0 rg BT 229.82 91.70 Td (months ) Tj ET Q q 0 0 0 rg BT 261.68 91.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 287.96 91.70 Td (September ) Tj ET Q q 0 0 0 rg BT 333.13 91.70 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.63 91.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.04 91.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.04 91.70 Td ( ) Tj ET Q q 0 0 0 rg BT 370.45 91.70 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.28 91.70 Td (6 ) Tj ET Q q 0 0 0 rg BT 404.69 91.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.58 91.70 Td ( ) Tj ET Q q 0 0 0 rg BT 435.99 91.70 Td (compared ) Tj ET Q q 0 0 0 rg BT 477.82 91.70 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.01 91.70 Td (8 ) Tj ET Q q 0 0 0 rg BT 500.41 91.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.31 91.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.71 91.70 Td (for ) Tj ET Q q 0 0 0 rg BT 545.78 91.70 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.70 Td (three ) Tj ET Q q 0 0 0 rg BT 72.49 79.70 Td (months ) Tj ET Q q 0 0 0 rg BT 104.43 79.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 130.81 79.70 Td (September ) Tj ET Q q 0 0 0 rg BT 176.07 79.70 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.57 79.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.07 79.70 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.07 79.70 Td (.) Tj ET Q endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 104.31 742.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 141.48 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 152.02 742.10 Td (net ) Tj ET Q q 0 0 0 rg BT 166.99 742.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 204.73 742.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 243.59 742.10 Td (was ) Tj ET Q q 0 0 0 rg BT 261.90 742.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 301.87 742.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 350.17 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 360.70 742.10 Td (a ) Tj ET Q q 0 0 0 rg BT 367.90 742.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 405.07 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 415.61 742.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 447.80 742.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 489.16 742.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 519.69 742.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 548.00 742.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 76.00 730.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 108.66 730.10 Td (on ) Tj ET Q q 0 0 0 rg BT 121.88 730.10 Td (bank ) Tj ET Q q 0 0 0 rg BT 144.55 730.10 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 193.33 730.10 Td (due ) Tj ET Q q 0 0 0 rg BT 210.99 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 222.00 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 237.44 730.10 Td (full ) Tj ET Q q 0 0 0 rg BT 254.55 730.10 Td (repayment ) Tj ET Q q 0 0 0 rg BT 299.98 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 311.54 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 326.75 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 332.16 730.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 350.93 730.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 374.70 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 385.71 730.10 Td (November ) Tj ET Q q 0 0 0 rg BT 431.14 730.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 456.87 730.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 493.42 730.10 Td (of) Tj ET Q q 0 0 0 rg BT 501.57 730.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 519.23 730.10 Td (by ) Tj ET Q q 0 0 0 rg BT 532.46 730.10 Td (higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 81.93 718.10 Td (on ) Tj ET Q q 0 0 0 rg BT 94.43 718.10 Td (bonds ) Tj ET Q q 0 0 0 rg BT 120.83 718.10 Td (due ) Tj ET Q q 0 0 0 rg BT 137.76 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 148.04 718.10 Td (a ) Tj ET Q q 0 0 0 rg BT 154.98 718.10 Td (new ) Tj ET Q q 0 0 0 rg BT 174.14 718.10 Td (bond ) Tj ET Q q 0 0 0 rg BT 196.64 718.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 224.14 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 234.42 718.10 Td (November ) Tj ET Q q 0 0 0 rg BT 279.13 718.10 Td (2017.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 84.16 694.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 99.99 694.10 Td (\(benefit\)/expense) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 630.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 630.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 630.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 630.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 630.60 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 660.6 m 342.5 660.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 660.6 m 346.5 660.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 660.6 m 411.5 660.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 660.6 m 480.5 660.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 660.6 m 484.5 660.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 660.6 m 557.5 660.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 660.6 m 342.5 660.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 645.6 m 342.5 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 660.6 m 411.5 660.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 645.6 m 411.5 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 645.6 m 480.5 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 645.6 m 484.5 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 645.6 m 557.5 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 645.6 m 342.5 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 645.6 m 411.5 645.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.90 674.05 Td (For) Tj ET Q q 0 0 0 rg BT 306.73 674.05 Td ( the thr) Tj ET Q q 0 0 0 rg BT 335.06 674.05 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.55 665.05 Td (September) Tj ET Q q 0 0 0 rg BT 359.88 665.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.40 665.05 Td (Incr) Tj ET Q q 0 0 0 rg BT 464.73 665.05 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 504.54 665.05 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.50 650.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 650.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.60 650.05 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.25 635.06 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 620.06 Td (Income tax \(benefit\)/expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 620.06 Td (\(90) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 339.00 620.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 399.00 620.06 Td (53) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.50 620.06 Td (\(143) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.00 620.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.95 620.06 Td (n.m.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 592.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 118.71 592.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 133.66 592.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 164.15 592.10 Td (for ) Tj ET Q q 0 0 0 rg BT 178.53 592.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.48 592.10 Td (three ) Tj ET Q q 0 0 0 rg BT 216.19 592.10 Td (months ) Tj ET Q q 0 0 0 rg BT 248.37 592.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 274.97 592.10 Td (September ) Tj ET Q q 0 0 0 rg BT 320.46 592.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 335.69 592.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 358.41 592.10 Td (was ) Tj ET Q q 0 0 0 rg BT 376.69 592.10 Td (90 ) Tj ET Q q 0 0 0 rg BT 394.42 592.10 Td (million ) Tj ET Q q 0 0 0 rg BT 426.04 592.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 468.19 592.10 Td (to ) Tj ET Q q 0 0 0 rg BT 478.70 592.10 Td (income ) Tj ET Q q 0 0 0 rg BT 510.86 592.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 525.80 592.10 Td (expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.14 580.10 Td (53 ) Tj ET Q q 0 0 0 rg BT 78.94 580.10 Td (million ) Tj ET Q q 0 0 0 rg BT 110.64 580.10 Td (for ) Tj ET Q q 0 0 0 rg BT 125.11 580.10 Td (the ) Tj ET Q q 0 0 0 rg BT 140.13 580.10 Td (three ) Tj ET Q q 0 0 0 rg BT 162.92 580.10 Td (months ) Tj ET Q q 0 0 0 rg BT 195.18 580.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 221.86 580.10 Td (September ) Tj ET Q q 0 0 0 rg BT 267.43 580.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 282.74 580.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 307.84 580.10 Td (The ) Tj ET Q q 0 0 0 rg BT 326.20 580.10 Td (income ) Tj ET Q q 0 0 0 rg BT 358.44 580.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 373.46 580.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 404.03 580.10 Td (for ) Tj ET Q q 0 0 0 rg BT 418.50 580.10 Td (the ) Tj ET Q q 0 0 0 rg BT 433.52 580.10 Td (three ) Tj ET Q q 0 0 0 rg BT 456.31 580.10 Td (months ) Tj ET Q q 0 0 0 rg BT 488.57 580.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 515.25 580.10 Td (September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 64.49 568.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 86.48 568.10 Td (was ) Tj ET Q q 0 0 0 rg BT 104.03 568.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 143.23 568.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 190.76 568.10 Td (to ) Tj ET Q q 0 0 0 rg BT 200.53 568.10 Td (the ) Tj ET Q q 0 0 0 rg BT 214.73 568.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 248.39 568.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 277.59 568.10 Td (from ) Tj ET Q q 0 0 0 rg BT 299.02 568.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.23 568.10 Td (application ) Tj ET Q q 0 0 0 rg BT 359.65 568.10 Td (of ) Tj ET Q q 0 0 0 rg BT 369.97 568.10 Td (the ) Tj ET Q q 0 0 0 rg BT 384.18 568.10 Td (Patent ) Tj ET Q q 0 0 0 rg BT 411.17 568.10 Td (Box ) Tj ET Q q 0 0 0 rg BT 429.83 568.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 444.04 568.10 Td (regime ) Tj ET Q q 0 0 0 rg BT 473.79 568.10 Td (\(as ) Tj ET Q q 0 0 0 rg BT 487.44 568.10 Td (described ) Tj ET Q q 0 0 0 rg BT 527.75 568.10 Td (below\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (including ) Tj ET Q q 0 0 0 rg BT 90.45 556.10 Td (141 ) Tj ET Q q 0 0 0 rg BT 113.13 556.10 Td (million ) Tj ET Q q 0 0 0 rg BT 144.70 556.10 Td (of ) Tj ET Q q 0 0 0 rg BT 155.71 556.10 Td (the ) Tj ET Q q 0 0 0 rg BT 170.61 556.10 Td (Patent ) Tj ET Q q 0 0 0 rg BT 198.29 556.10 Td (Box ) Tj ET Q q 0 0 0 rg BT 217.63 556.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 248.08 556.10 Td (related ) Tj ET Q q 0 0 0 rg BT 277.96 556.10 Td (to ) Tj ET Q q 0 0 0 rg BT 288.42 556.10 Td (the ) Tj ET Q q 0 0 0 rg BT 303.31 556.10 Td (years ) Tj ET Q q 0 0 0 rg BT 327.09 556.10 Td (2015 ) Tj ET Q q 0 0 0 rg BT 349.77 556.10 Td (to ) Tj ET Q q 0 0 0 rg BT 360.23 556.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 385.41 556.10 Td (of ) Tj ET Q q 0 0 0 rg BT 396.42 556.10 Td (which ) Tj ET Q q 0 0 0 rg BT 423.54 556.10 Td (139 ) Tj ET Q q 0 0 0 rg BT 446.22 556.10 Td (million ) Tj ET Q q 0 0 0 rg BT 477.79 556.10 Td (was ) Tj ET Q q 0 0 0 rg BT 496.02 556.10 Td (from ) Tj ET Q q 0 0 0 rg BT 518.14 556.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 543.58 556.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 62.50 544.10 Td (million ) Tj ET Q q 0 0 0 rg BT 93.89 544.10 Td (was ) Tj ET Q q 0 0 0 rg BT 111.94 544.10 Td (from ) Tj ET Q q 0 0 0 rg BT 133.88 544.10 Td (indirect ) Tj ET Q q 0 0 0 rg BT 166.92 544.10 Td (use ) Tj ET Q q 0 0 0 rg BT 182.75 544.10 Td (of ) Tj ET Q q 0 0 0 rg BT 193.58 544.10 Td (copyrights, ) Tj ET Q q 0 0 0 rg BT 240.80 544.10 Td (patents, ) Tj ET Q q 0 0 0 rg BT 274.13 544.10 Td (trademarks, ) Tj ET Q q 0 0 0 rg BT 323.55 544.10 Td (designs ) Tj ET Q q 0 0 0 rg BT 356.05 544.10 Td (and ) Tj ET Q q 0 0 0 rg BT 372.99 544.10 Td (know-how) Tj ET Q q 0 0 0 rg BT 415.11 544.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 520.10 Td (In ) Tj ET Q q 0 0 0 rg BT 96.97 520.10 Td (September ) Tj ET Q q 0 0 0 rg BT 142.38 520.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 167.52 520.10 Td (the ) Tj ET Q q 0 0 0 rg BT 182.38 520.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 210.58 520.10 Td (signed ) Tj ET Q q 0 0 0 rg BT 239.33 520.10 Td (an ) Tj ET Q q 0 0 0 rg BT 251.41 520.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 295.69 520.10 Td (with ) Tj ET Q q 0 0 0 rg BT 316.12 520.10 Td (the ) Tj ET Q q 0 0 0 rg BT 330.98 520.10 Td (Italian ) Tj ET Q q 0 0 0 rg BT 359.16 520.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 396.21 520.10 Td (Agency ) Tj ET Q q 0 0 0 rg BT 429.95 520.10 Td (in ) Tj ET Q q 0 0 0 rg BT 440.37 520.10 Td (relation ) Tj ET Q q 0 0 0 rg BT 473.55 520.10 Td (to ) Tj ET Q q 0 0 0 rg BT 483.98 520.10 Td (the ) Tj ET Q q 0 0 0 rg BT 498.83 520.10 Td (Patent ) Tj ET Q q 0 0 0 rg BT 526.47 520.10 Td (Box ) Tj ET Q q 0 0 0 rg BT 545.79 520.10 Td (tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.10 Td (regime, ) Tj ET Q q 0 0 0 rg BT 82.45 508.10 Td (which ) Tj ET Q q 0 0 0 rg BT 109.07 508.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 145.70 508.10 Td (a ) Tj ET Q q 0 0 0 rg BT 152.32 508.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 166.72 508.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 196.67 508.10 Td (for ) Tj ET Q q 0 0 0 rg BT 210.52 508.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 255.46 508.10 Td (that ) Tj ET Q q 0 0 0 rg BT 272.64 508.10 Td (generate ) Tj ET Q q 0 0 0 rg BT 308.69 508.10 Td (income ) Tj ET Q q 0 0 0 rg BT 340.31 508.10 Td (through ) Tj ET Q q 0 0 0 rg BT 373.60 508.10 Td (the ) Tj ET Q q 0 0 0 rg BT 388.01 508.10 Td (use, ) Tj ET Q q 0 0 0 rg BT 406.02 508.10 Td (both ) Tj ET Q q 0 0 0 rg BT 425.98 508.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 450.93 508.10 Td (and ) Tj ET Q q 0 0 0 rg BT 467.56 508.10 Td (indirect, ) Tj ET Q q 0 0 0 rg BT 502.78 508.10 Td (of ) Tj ET Q q 0 0 0 rg BT 513.30 508.10 Td (copyrights, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td (patents, ) Tj ET Q q 0 0 0 rg BT 82.49 496.10 Td (trademarks, ) Tj ET Q q 0 0 0 rg BT 131.08 496.10 Td (designs ) Tj ET Q q 0 0 0 rg BT 162.74 496.10 Td (and ) Tj ET Q q 0 0 0 rg BT 178.85 496.10 Td (know-how) Tj ET Q q 0 0 0 rg BT 220.97 496.10 Td (. ) Tj ET Q q 0 0 0 rg BT 225.14 496.10 Td (See ) Tj ET Q q 0 0 0 rg BT 241.24 496.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 262.34 496.10 Td (12) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 272.34 496.10 Td ( ) Tj ET Q q 0 0 0 rg BT 274.01 496.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 310.66 496.10 Td (T) Tj ET Q q 0 0 0 rg BT 315.31 496.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 326.41 496.10 Td (\(Benefit\)/Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.05 496.10 Td ( ) Tj ET Q q 0 0 0 rg BT 404.71 496.10 Td (to ) Tj ET Q q 0 0 0 rg BT 414.16 496.10 Td (the ) Tj ET Q q 0 0 0 rg BT 428.04 496.10 Td (Interim ) Tj ET Q q 0 0 0 rg BT 459.14 496.10 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 505.24 496.10 Td (Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 89.71 484.10 Td (Statements ) Tj ET Q q 0 0 0 rg BT 136.09 484.10 Td (for ) Tj ET Q q 0 0 0 rg BT 150.25 484.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 192.74 484.10 Td (details.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 460.10 Td (The ) Tj ET Q q 0 0 0 rg BT 103.77 460.10 Td (income ) Tj ET Q q 0 0 0 rg BT 135.42 460.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 149.85 460.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 179.83 460.10 Td (for ) Tj ET Q q 0 0 0 rg BT 193.71 460.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.15 460.10 Td (three ) Tj ET Q q 0 0 0 rg BT 230.35 460.10 Td (months ) Tj ET Q q 0 0 0 rg BT 262.02 460.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 288.11 460.10 Td (September ) Tj ET Q q 0 0 0 rg BT 333.09 460.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 347.81 460.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 370.03 460.10 Td (was ) Tj ET Q q 0 0 0 rg BT 387.80 460.10 Td (90 ) Tj ET Q q 0 0 0 rg BT 405.02 460.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 438.63 460.10 Td (representing ) Tj ET Q q 0 0 0 rg BT 490.27 460.10 Td (a ) Tj ET Q q 0 0 0 rg BT 496.93 460.10 Td (change ) Tj ET Q q 0 0 0 rg BT 527.46 460.10 Td (of ) Tj ET Q q 0 0 0 rg BT 538.01 460.10 Td (143 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.10 Td (million ) Tj ET Q q 0 0 0 rg BT 81.28 448.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 123.09 448.10 Td (to ) Tj ET Q q 0 0 0 rg BT 133.25 448.10 Td (the ) Tj ET Q q 0 0 0 rg BT 147.86 448.10 Td (income ) Tj ET Q q 0 0 0 rg BT 179.68 448.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 194.28 448.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 228.88 448.10 Td (of ) Tj ET Q q 0 0 0 rg BT 239.59 448.10 Td (53 ) Tj ET Q q 0 0 0 rg BT 256.98 448.10 Td (million ) Tj ET Q q 0 0 0 rg BT 288.26 448.10 Td (for ) Tj ET Q q 0 0 0 rg BT 302.30 448.10 Td (the ) Tj ET Q q 0 0 0 rg BT 316.91 448.10 Td (three ) Tj ET Q q 0 0 0 rg BT 339.28 448.10 Td (months ) Tj ET Q q 0 0 0 rg BT 371.11 448.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 397.38 448.10 Td (September ) Tj ET Q q 0 0 0 rg BT 442.53 448.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 457.42 448.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 482.30 448.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 512.46 448.10 Td (attributable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.66 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 75.76 436.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 110.31 436.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 140.41 436.10 Td (of ) Tj ET Q q 0 0 0 rg BT 151.63 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.73 436.10 Td (Patent ) Tj ET Q q 0 0 0 rg BT 194.61 436.10 Td (Box ) Tj ET Q q 0 0 0 rg BT 214.16 436.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 244.81 436.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 278.24 436.10 Td (to ) Tj ET Q q 0 0 0 rg BT 288.90 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 304.00 436.10 Td (years ) Tj ET Q q 0 0 0 rg BT 327.99 436.10 Td (2015 ) Tj ET Q q 0 0 0 rg BT 350.87 436.10 Td (to ) Tj ET Q q 0 0 0 rg BT 361.53 436.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 384.42 436.10 Td (as ) Tj ET Q q 0 0 0 rg BT 395.63 436.10 Td (well ) Tj ET Q q 0 0 0 rg BT 415.73 436.10 Td (as ) Tj ET Q q 0 0 0 rg BT 426.95 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 442.05 436.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 476.60 436.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 506.70 436.10 Td (of ) Tj ET Q q 0 0 0 rg BT 517.91 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 533.01 436.10 Td (Patent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 424.10 Td (Box ) Tj ET Q q 0 0 0 rg BT 69.17 424.10 Td (related ) Tj ET Q q 0 0 0 rg BT 98.87 424.10 Td (to ) Tj ET Q q 0 0 0 rg BT 109.15 424.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.87 424.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 146.37 424.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 170.52 424.10 Td (year) Tj ET Q q 0 0 0 rg BT 187.18 424.10 Td (.) Tj ET Q endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 742.25 Td (Nine ) Tj ET Q q 0 0 0 rg BT 76.50 742.25 Td (months ) Tj ET Q q 0 0 0 rg BT 110.67 742.25 Td (ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 138.74 742.25 Td (September) Tj ET Q q 0 0 0 rg BT 184.65 742.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 202.15 742.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 224.65 742.25 Td (compar) Tj ET Q q 0 0 0 rg BT 257.24 742.25 Td (ed ) Tj ET Q q 0 0 0 rg BT 269.74 742.25 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.57 742.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 301.41 742.25 Td (months ) Tj ET Q q 0 0 0 rg BT 335.59 742.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 363.65 742.25 Td (September) Tj ET Q q 0 0 0 rg BT 409.57 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 412.07 742.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 427.07 742.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.07 742.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 718.25 Td (The ) Tj ET Q q 0 0 0 rg BT 108.03 718.25 Td (following ) Tj ET Q q 0 0 0 rg BT 149.41 718.25 Td (is ) Tj ET Q q 0 0 0 rg BT 158.57 718.25 Td (a ) Tj ET Q q 0 0 0 rg BT 165.49 718.25 Td (discussion ) Tj ET Q q 0 0 0 rg BT 209.65 718.25 Td (of ) Tj ET Q q 0 0 0 rg BT 220.47 718.25 Td (the ) Tj ET Q q 0 0 0 rg BT 235.17 718.25 Td (results ) Tj ET Q q 0 0 0 rg BT 263.77 718.25 Td (of ) Tj ET Q q 0 0 0 rg BT 274.59 718.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 318.73 718.25 Td (for ) Tj ET Q q 0 0 0 rg BT 332.88 718.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.58 718.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 367.29 718.25 Td (months ) Tj ET Q q 0 0 0 rg BT 399.22 718.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 425.59 718.25 Td (September ) Tj ET Q q 0 0 0 rg BT 470.84 718.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 485.83 718.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.83 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 508.32 718.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 550.23 718.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 706.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.67 706.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 88.34 706.25 Td (months ) Tj ET Q q 0 0 0 rg BT 120.24 706.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 146.57 706.25 Td (September ) Tj ET Q q 0 0 0 rg BT 191.79 706.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 206.74 706.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.74 706.25 Td (. ) Tj ET Q q 0 0 0 rg BT 231.52 706.25 Td (The ) Tj ET Q q 0 0 0 rg BT 249.52 706.25 Td (discussion ) Tj ET Q q 0 0 0 rg BT 293.64 706.25 Td (of ) Tj ET Q q 0 0 0 rg BT 304.43 706.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 334.08 706.25 Td (line ) Tj ET Q q 0 0 0 rg BT 351.53 706.25 Td (items ) Tj ET Q q 0 0 0 rg BT 375.65 706.25 Td (includes ) Tj ET Q q 0 0 0 rg BT 411.43 706.25 Td (a ) Tj ET Q q 0 0 0 rg BT 418.32 706.25 Td (presentation ) Tj ET Q q 0 0 0 rg BT 469.65 706.25 Td (of ) Tj ET Q q 0 0 0 rg BT 480.43 706.25 Td (such ) Tj ET Q q 0 0 0 rg BT 501.22 706.25 Td (line ) Tj ET Q q 0 0 0 rg BT 518.66 706.25 Td (items ) Tj ET Q q 0 0 0 rg BT 542.78 706.25 Td (as ) Tj ET Q q 0 0 0 rg BT 553.57 706.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 694.25 Td (percentage ) Tj ET Q q 0 0 0 rg BT 99.80 694.25 Td (of ) Tj ET Q q 0 0 0 rg BT 110.63 694.25 Td (net ) Tj ET Q q 0 0 0 rg BT 125.35 694.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 163.38 694.25 Td (for ) Tj ET Q q 0 0 0 rg BT 177.54 694.25 Td (the ) Tj ET Q q 0 0 0 rg BT 192.26 694.25 Td (respective ) Tj ET Q q 0 0 0 rg BT 235.29 694.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 267.23 694.25 Td (presented, ) Tj ET Q q 0 0 0 rg BT 310.55 694.25 Td (to ) Tj ET Q q 0 0 0 rg BT 320.83 694.25 Td (facilitate ) Tj ET Q q 0 0 0 rg BT 358.30 694.25 Td (period-to-period ) Tj ET Q q 0 0 0 rg BT 426.33 694.25 Td (comparisons.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 615.75 218.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.50 615.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 615.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 615.75 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 615.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 615.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 615.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 615.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 585.75 218.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.50 585.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 585.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 585.75 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 585.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 585.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 585.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 585.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 555.75 218.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.50 555.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 555.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 555.75 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 555.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 555.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 555.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 555.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 525.75 218.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.50 525.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 525.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 525.75 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 525.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 525.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 525.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 525.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 495.75 218.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.50 495.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 495.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 495.75 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 495.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 495.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 495.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 495.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 465.75 218.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.50 465.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 465.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 465.75 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 465.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 465.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 465.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 465.75 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 656.75 m 339.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 656.75 m 343.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 656.75 m 415.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 656.75 m 419.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 656.75 m 487.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 656.75 m 491.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 656.75 m 558.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 656.75 m 339.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 630.75 m 339.5 630.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 656.75 m 415.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 630.75 m 415.5 630.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 656.75 m 487.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 630.75 m 487.5 630.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 656.75 m 558.5 656.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 630.75 m 558.5 630.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 525.75 m 339.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 525.75 m 415.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 525.75 m 487.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 525.75 m 558.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 525.75 m 339.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 525.75 m 487.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 495.75 m 339.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 495.75 m 415.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 495.75 m 487.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 495.75 m 558.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 495.75 m 339.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 495.75 m 487.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 465.75 m 339.5 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 465.75 m 415.5 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 465.75 m 487.5 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 465.75 m 558.5 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 465.75 m 339.5 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 451.75 m 339.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 449.75 m 339.5 449.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 451.75 m 415.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 449.75 m 415.5 449.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 465.75 m 487.5 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 451.75 m 487.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 449.75 m 487.5 449.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 451.75 m 558.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 449.75 m 558.5 449.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.00 661.20 Td (For) Tj ET Q q 0 0 0 rg BT 350.83 661.20 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 483.42 661.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.50 635.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.95 644.20 Td (Per) Tj ET Q q 0 0 0 rg BT 366.27 644.20 Td (centage of ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.95 635.20 Td (net r) Tj ET Q q 0 0 0 rg BT 373.03 635.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.00 635.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.45 644.20 Td (Per) Tj ET Q q 0 0 0 rg BT 511.77 644.20 Td (centage of ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.45 635.20 Td (net r) Tj ET Q q 0 0 0 rg BT 518.53 635.20 Td (evenues) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 359.25 620.21 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 606.11 Td (Net revenues) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.75 606.11 Td (2,575) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 385.75 606.11 Td (100.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 606.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.75 606.11 Td (2,577) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 606.11 Td (100.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 606.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 591.11 Td (Cost of sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.75 591.11 Td (1,224) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 390.25 591.11 Td (47.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 591.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.75 591.11 Td (1,252) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 591.11 Td (48.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 591.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 576.11 Td (Selling, general and administrative costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 322.50 576.11 Td (240) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 394.75 576.11 Td (9.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 576.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 470.50 576.11 Td (255) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 576.11 Td (9.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 576.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 561.11 Td (Research and development costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 322.50 561.11 Td (482) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 390.25 561.11 Td (18.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 561.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 470.50 561.11 Td (482) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 561.11 Td (18.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 561.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 546.11 Td (Other expenses, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 546.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 397.00 546.11 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 546.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 479.50 546.11 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 546.11 Td (0.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 546.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 531.11 Td (Result from investments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 331.50 531.11 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 394.75 531.11 Td (0.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 531.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 479.50 531.11 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 531.11 Td (0.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 531.11 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 516.20 Td (EBIT) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.50 516.20 Td (631) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.25 516.20 Td (24.5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.00 516.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.50 516.20 Td (581) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 533.25 516.20 Td (22.6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.00 516.20 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 501.11 Td (Net financial expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 501.11 Td (15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 394.75 501.11 Td (0.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 501.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 475.00 501.11 Td (25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 501.11 Td (1.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 501.11 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 486.20 Td (Pr) Tj ET Q q 0 0 0 rg BT 66.33 486.20 Td (ofit befor) Tj ET Q q 0 0 0 rg BT 101.90 486.20 Td (e taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.50 486.20 Td (616) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.25 486.20 Td (23.9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.00 486.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.50 486.20 Td (556) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 533.25 486.20 Td (21.6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.00 486.20 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 471.11 Td (Income tax expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 471.11 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 394.75 471.11 Td (0.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 471.11 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 470.50 471.11 Td (155) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.75 471.11 Td (6.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 471.11 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 456.20 Td (Net pr) Tj ET Q q 0 0 0 rg BT 81.58 456.20 Td (ofit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.50 456.20 Td (596) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.25 456.20 Td (23.2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.00 456.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.50 456.20 Td (401) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 533.25 456.20 Td (15.6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.00 456.20 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 427.25 Td (Net r) Tj ET Q q 0 0 0 rg BT 75.75 427.25 Td (evenues) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 357.75 150.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.50 357.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 357.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 357.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 357.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 357.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 357.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 357.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 357.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 357.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 357.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 357.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 357.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 329.75 150.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.50 329.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 329.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 329.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 329.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 329.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 329.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 329.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 329.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 329.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 329.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 329.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 329.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 301.75 150.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.50 301.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 301.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 301.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 301.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 301.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 301.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 301.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 301.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 301.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 301.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 301.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 301.75 55.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 402.75 m 263.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 402.75 m 267.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 402.75 m 322.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 402.75 m 326.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 402.75 m 381.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 402.75 m 385.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 402.75 m 440.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 402.75 m 499.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 402.75 m 503.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 402.75 m 558.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 402.75 m 263.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 370.75 m 263.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 402.75 m 322.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 370.75 m 322.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 402.75 m 381.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 370.75 m 381.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 402.75 m 440.5 402.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 370.75 m 440.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 370.75 m 499.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 370.75 m 503.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 370.75 m 558.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 370.75 m 263.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 370.75 m 322.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 370.75 m 381.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 370.75 m 440.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 301.75 m 263.5 301.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 301.75 m 381.5 301.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 301.75 m 263.5 301.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 288.75 m 263.5 288.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 286.75 m 263.5 286.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 301.75 m 322.5 301.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 288.75 m 322.5 288.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 286.75 m 322.5 286.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 301.75 m 381.5 301.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 288.75 m 381.5 288.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 286.75 m 381.5 286.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 301.75 m 440.5 301.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 288.75 m 440.5 288.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 286.75 m 440.5 286.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 301.75 m 499.5 301.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 288.75 m 499.5 288.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 286.75 m 499.5 286.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 301.75 m 558.5 301.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 288.75 m 558.5 288.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 286.75 m 558.5 286.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 246.00 407.20 Td (For) Tj ET Q q 0 0 0 rg BT 259.83 407.20 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 392.42 407.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.40 407.20 Td (Incr) Tj ET Q q 0 0 0 rg BT 479.73 407.20 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 519.54 407.20 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 226.50 375.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.30 393.20 Td (Per) Tj ET Q q 0 0 0 rg BT 286.62 393.20 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.60 384.20 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.55 375.20 Td (r) Tj ET Q q 0 0 0 rg BT 281.38 375.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.50 375.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.30 393.20 Td (Per) Tj ET Q q 0 0 0 rg BT 404.62 393.20 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.60 384.20 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.55 375.20 Td (r) Tj ET Q q 0 0 0 rg BT 399.38 375.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.60 375.20 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.25 362.01 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 348.21 Td (Cars and spare parts) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 129.73 352.29 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 239.75 348.21 Td (1,898) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 297.25 348.21 Td (73.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.50 348.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.75 348.21 Td (1,855) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.25 348.21 Td (72.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.50 348.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 487.00 348.21 Td (43) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 348.21 Td (2.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 348.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 334.21 Td (Engines) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 86.00 338.29 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 246.50 334.21 Td (227) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 301.75 334.21 Td (8.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.50 334.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 334.21 Td (292) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.25 334.21 Td (1) Tj ET Q q 0 0 0 rg BT 419.75 334.21 Td (1.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.50 334.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 334.21 Td (\(65) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.00 334.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.25 334.21 Td (\(22.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 334.21 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 320.21 Td (Sponsorship, commercial and brand) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 186.47 324.29 Td (\(3\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 246.50 320.21 Td (380) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 297.25 320.21 Td (14.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.50 320.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 320.21 Td (370) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.25 320.21 Td (14.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.50 320.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 487.00 320.21 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 320.21 Td (2.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 320.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 306.21 Td (Other) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 77.49 310.29 Td (\(4\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 251.00 306.21 Td (70) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 301.75 306.21 Td (2.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.50 306.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.00 306.21 Td (60) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.75 306.21 Td (2.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.50 306.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 487.00 306.21 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 306.21 Td (17.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 306.21 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 292.20 Td (T) Tj ET Q q 0 0 0 rg BT 62.18 292.20 Td (otal net r) Tj ET Q q 0 0 0 rg BT 97.00 292.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.75 292.70 Td (2,575) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.75 292.20 Td (100.0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.00 292.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.75 292.70 Td (2,577) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.75 292.20 Td (100.0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 292.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.50 292.20 Td (\(2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.00 292.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.75 292.20 Td (\(0.1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 292.20 Td (\)%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 277.45 Td (_________________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 54.00 267.85 Td (\(1\) ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.00 267.85 Td (Includes ) Tj ET Q q 0 0 0 rg BT 101.03 267.85 Td (the ) Tj ET Q q 0 0 0 rg BT 112.73 267.85 Td (net ) Tj ET Q q 0 0 0 rg BT 124.43 267.85 Td (r) Tj ET Q q 0 0 0 rg BT 127.25 267.85 Td (evenues ) Tj ET Q q 0 0 0 rg BT 154.49 267.85 Td (generated ) Tj ET Q q 0 0 0 rg BT 188.40 267.85 Td (fr) Tj ET Q q 0 0 0 rg BT 193.44 267.85 Td (om ) Tj ET Q q 0 0 0 rg BT 205.15 267.85 Td (shipments ) Tj ET Q q 0 0 0 rg BT 239.07 267.85 Td (of ) Tj ET Q q 0 0 0 rg BT 247.22 267.85 Td (our ) Tj ET Q q 0 0 0 rg BT 260.26 267.85 Td (cars, ) Tj ET Q q 0 0 0 rg BT 277.97 267.85 Td (including ) Tj ET Q q 0 0 0 rg BT 310.11 267.85 Td (any ) Tj ET Q q 0 0 0 rg BT 323.59 267.85 Td (personalization ) Tj ET Q q 0 0 0 rg BT 375.30 267.85 Td (r) Tj ET Q q 0 0 0 rg BT 378.11 267.85 Td (evenue ) Tj ET Q q 0 0 0 rg BT 402.24 267.85 Td (generated ) Tj ET Q q 0 0 0 rg BT 436.16 267.85 Td (on ) Tj ET Q q 0 0 0 rg BT 446.09 267.85 Td (these ) Tj ET Q q 0 0 0 rg BT 464.45 267.85 Td (cars ) Tj ET Q q 0 0 0 rg BT 480.15 267.85 Td (and ) Tj ET Q q 0 0 0 rg BT 494.08 267.85 Td (sales ) Tj ET Q q 0 0 0 rg BT 512.01 267.85 Td (of ) Tj ET Q q 0 0 0 rg BT 520.16 267.85 Td (spar) Tj ET Q q 0 0 0 rg BT 534.09 267.85 Td (e ) Tj ET Q q 0 0 0 rg BT 539.56 267.85 Td (parts. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 54.00 258.25 Td (\(2\) ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.00 258.25 Td (Includes ) Tj ET Q q 0 0 0 rg BT 101.36 258.25 Td (the ) Tj ET Q q 0 0 0 rg BT 113.39 258.25 Td (net ) Tj ET Q q 0 0 0 rg BT 125.42 258.25 Td (r) Tj ET Q q 0 0 0 rg BT 128.24 258.25 Td (evenues ) Tj ET Q q 0 0 0 rg BT 155.81 258.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 190.06 258.25 Td (fr) Tj ET Q q 0 0 0 rg BT 195.10 258.25 Td (om ) Tj ET Q q 0 0 0 rg BT 207.13 258.25 Td (the ) Tj ET Q q 0 0 0 rg BT 219.16 258.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 234.31 258.25 Td (of ) Tj ET Q q 0 0 0 rg BT 242.79 258.25 Td (engines ) Tj ET Q q 0 0 0 rg BT 269.48 258.25 Td (to ) Tj ET Q q 0 0 0 rg BT 277.96 258.25 Td (Maserati ) Tj ET Q q 0 0 0 rg BT 309.11 258.25 Td (for ) Tj ET Q q 0 0 0 rg BT 320.70 258.25 Td (use ) Tj ET Q q 0 0 0 rg BT 333.63 258.25 Td (in ) Tj ET Q q 0 0 0 rg BT 342.11 258.25 Td (their ) Tj ET Q q 0 0 0 rg BT 359.47 258.25 Td (cars ) Tj ET Q q 0 0 0 rg BT 375.51 258.25 Td (and ) Tj ET Q q 0 0 0 rg BT 389.77 258.25 Td (the ) Tj ET Q q 0 0 0 rg BT 401.80 258.25 Td (r) Tj ET Q q 0 0 0 rg BT 404.61 258.25 Td (evenues ) Tj ET Q q 0 0 0 rg BT 432.19 258.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 466.43 258.25 Td (fr) Tj ET Q q 0 0 0 rg BT 471.47 258.25 Td (om ) Tj ET Q q 0 0 0 rg BT 483.51 258.25 Td (the ) Tj ET Q q 0 0 0 rg BT 495.54 258.25 Td (r) Tj ET Q q 0 0 0 rg BT 498.36 258.25 Td (ental ) Tj ET Q q 0 0 0 rg BT 516.61 258.25 Td (of ) Tj ET Q q 0 0 0 rg BT 525.09 258.25 Td (engines ) Tj ET Q q 0 0 0 rg BT 551.79 258.25 Td (to ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.00 248.65 Td (other ) Tj ET Q q 0 0 0 rg BT 90.89 248.65 Td (Formula ) Tj ET Q q 0 0 0 rg BT 120.89 248.65 Td (1 ) Tj ET Q q 0 0 0 rg BT 126.89 248.65 Td (racing ) Tj ET Q q 0 0 0 rg BT 149.77 248.65 Td (teams.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 54.00 239.05 Td (\(3\) ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.00 239.05 Td (Includes ) Tj ET Q q 0 0 0 rg BT 101.24 239.05 Td (the ) Tj ET Q q 0 0 0 rg BT 113.16 239.05 Td (net ) Tj ET Q q 0 0 0 rg BT 125.07 239.05 Td (r) Tj ET Q q 0 0 0 rg BT 127.89 239.05 Td (evenues ) Tj ET Q q 0 0 0 rg BT 155.34 239.05 Td (earned ) Tj ET Q q 0 0 0 rg BT 179.70 239.05 Td (by ) Tj ET Q q 0 0 0 rg BT 189.39 239.05 Td (our ) Tj ET Q q 0 0 0 rg BT 202.64 239.05 Td (Formula ) Tj ET Q q 0 0 0 rg BT 232.79 239.05 Td (1 ) Tj ET Q q 0 0 0 rg BT 238.93 239.05 Td (racing ) Tj ET Q q 0 0 0 rg BT 261.95 239.05 Td (team ) Tj ET Q q 0 0 0 rg BT 279.64 239.05 Td (thr) Tj ET Q q 0 0 0 rg BT 288.68 239.05 Td (ough ) Tj ET Q q 0 0 0 rg BT 306.82 239.05 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 347.64 239.05 Td (agr) Tj ET Q q 0 0 0 rg BT 358.46 239.05 Td (eements ) Tj ET Q q 0 0 0 rg BT 386.36 239.05 Td (and ) Tj ET Q q 0 0 0 rg BT 400.50 239.05 Td (our ) Tj ET Q q 0 0 0 rg BT 413.76 239.05 Td (shar) Tj ET Q q 0 0 0 rg BT 427.69 239.05 Td (e ) Tj ET Q q 0 0 0 rg BT 433.38 239.05 Td (of ) Tj ET Q q 0 0 0 rg BT 441.74 239.05 Td (the ) Tj ET Q q 0 0 0 rg BT 453.66 239.05 Td (Formula ) Tj ET Q q 0 0 0 rg BT 483.80 239.05 Td (1 ) Tj ET Q q 0 0 0 rg BT 489.94 239.05 Td (W) Tj ET Q q 0 0 0 rg BT 495.87 239.05 Td (orld ) Tj ET Q q 0 0 0 rg BT 511.34 239.05 Td (Championship ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.00 229.45 Td (commer) Tj ET Q q 0 0 0 rg BT 97.47 229.45 Td (cial ) Tj ET Q q 0 0 0 rg BT 111.47 229.45 Td (r) Tj ET Q q 0 0 0 rg BT 114.29 229.45 Td (evenues ) Tj ET Q q 0 0 0 rg BT 141.60 229.45 Td (and ) Tj ET Q q 0 0 0 rg BT 155.60 229.45 Td (net ) Tj ET Q q 0 0 0 rg BT 167.38 229.45 Td (r) Tj ET Q q 0 0 0 rg BT 170.19 229.45 Td (evenues ) Tj ET Q q 0 0 0 rg BT 197.51 229.45 Td (generated ) Tj ET Q q 0 0 0 rg BT 231.50 229.45 Td (thr) Tj ET Q q 0 0 0 rg BT 240.54 229.45 Td (ough ) Tj ET Q q 0 0 0 rg BT 258.54 229.45 Td (the ) Tj ET Q q 0 0 0 rg BT 270.31 229.45 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 296.31 229.45 Td (brand, ) Tj ET Q q 0 0 0 rg BT 319.42 229.45 Td (including ) Tj ET Q q 0 0 0 rg BT 351.64 229.45 Td (mer) Tj ET Q q 0 0 0 rg BT 363.79 229.45 Td (chandising, ) Tj ET Q q 0 0 0 rg BT 402.89 229.45 Td (licensing ) Tj ET Q q 0 0 0 rg BT 433.78 229.45 Td (and ) Tj ET Q q 0 0 0 rg BT 447.78 229.45 Td (r) Tj ET Q q 0 0 0 rg BT 450.59 229.45 Td (oyalty ) Tj ET Q q 0 0 0 rg BT 472.14 229.45 Td (income.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 54.00 218.65 Td (\(4\) ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 72.00 218.65 Td (Primarily ) Tj ET Q q 0 0 0 rg BT 105.11 218.65 Td (includes ) Tj ET Q q 0 0 0 rg BT 133.77 218.65 Td (inter) Tj ET Q q 0 0 0 rg BT 148.58 218.65 Td (est ) Tj ET Q q 0 0 0 rg BT 159.47 218.65 Td (income ) Tj ET Q q 0 0 0 rg BT 184.57 218.65 Td (generated ) Tj ET Q q 0 0 0 rg BT 218.56 218.65 Td (by ) Tj ET Q q 0 0 0 rg BT 228.11 218.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 258.55 218.65 Td (services ) Tj ET Q q 0 0 0 rg BT 286.32 218.65 Td (activities ) Tj ET Q q 0 0 0 rg BT 317.20 218.65 Td (and ) Tj ET Q q 0 0 0 rg BT 331.20 218.65 Td (net ) Tj ET Q q 0 0 0 rg BT 342.97 218.65 Td (r) Tj ET Q q 0 0 0 rg BT 345.79 218.65 Td (evenues ) Tj ET Q q 0 0 0 rg BT 373.10 218.65 Td (fr) Tj ET Q q 0 0 0 rg BT 378.14 218.65 Td (om ) Tj ET Q q 0 0 0 rg BT 389.92 218.65 Td (the ) Tj ET Q q 0 0 0 rg BT 401.69 218.65 Td (management ) Tj ET Q q 0 0 0 rg BT 444.57 218.65 Td (of ) Tj ET Q q 0 0 0 rg BT 452.79 218.65 Td (the ) Tj ET Q q 0 0 0 rg BT 464.57 218.65 Td (Mugello ) Tj ET Q q 0 0 0 rg BT 493.23 218.65 Td (racetrack.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.88 218.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 207.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 195.85 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 195.85 Td (Net ) Tj ET Q q 0 0 0 rg BT 107.63 195.85 Td (revenues ) Tj ET Q q 0 0 0 rg BT 146.36 195.85 Td (for ) Tj ET Q q 0 0 0 rg BT 161.21 195.85 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.62 195.85 Td (nine ) Tj ET Q q 0 0 0 rg BT 197.02 195.85 Td (months ) Tj ET Q q 0 0 0 rg BT 229.66 195.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 256.73 195.85 Td (September ) Tj ET Q q 0 0 0 rg BT 302.69 195.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 318.38 195.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.38 195.85 Td ( ) Tj ET Q q 0 0 0 rg BT 341.57 195.85 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.19 195.85 Td (2,575 ) Tj ET Q q 0 0 0 rg BT 394.88 195.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.77 195.85 Td (, ) Tj ET Q q 0 0 0 rg BT 429.46 195.85 Td (a ) Tj ET Q q 0 0 0 rg BT 437.09 195.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 474.69 195.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.22 195.85 Td (2 ) Tj ET Q q 0 0 0 rg BT 499.41 195.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.30 195.85 Td (, ) Tj ET Q q 0 0 0 rg BT 533.99 195.85 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.51 195.85 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 182.65 Td (percent ) Tj ET Q q 0 0 0 rg BT 85.65 182.65 Td (\(an ) Tj ET Q q 0 0 0 rg BT 100.64 182.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 135.62 182.65 Td (of ) Tj ET Q q 0 0 0 rg BT 146.18 182.65 Td (3.7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.68 182.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.13 182.65 Td (percent ) Tj ET Q q 0 0 0 rg BT 192.78 182.65 Td (on ) Tj ET Q q 0 0 0 rg BT 205.00 182.65 Td (a ) Tj ET Q q 0 0 0 rg BT 211.67 182.65 Td (constant ) Tj ET Q q 0 0 0 rg BT 247.22 182.65 Td (currency ) Tj ET Q q 0 0 0 rg BT 284.42 182.65 Td (basis\), ) Tj ET Q q 0 0 0 rg BT 312.47 182.65 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.14 182.65 Td (2,577 ) Tj ET Q q 0 0 0 rg BT 363.86 182.65 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.75 182.65 Td ( ) Tj ET Q q 0 0 0 rg BT 394.98 182.65 Td (for ) Tj ET Q q 0 0 0 rg BT 408.87 182.65 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.31 182.65 Td (nine ) Tj ET Q q 0 0 0 rg BT 442.75 182.65 Td (months ) Tj ET Q q 0 0 0 rg BT 474.42 182.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 500.53 182.65 Td (September ) Tj ET Q q 0 0 0 rg BT 545.52 182.65 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 170.65 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 170.65 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 146.65 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 146.65 Td (The ) Tj ET Q q 0 0 0 rg BT 108.02 146.65 Td (decrease ) Tj ET Q q 0 0 0 rg BT 144.91 146.65 Td (in ) Tj ET Q q 0 0 0 rg BT 155.16 146.65 Td (net ) Tj ET Q q 0 0 0 rg BT 169.84 146.65 Td (revenues ) Tj ET Q q 0 0 0 rg BT 207.85 146.65 Td (was ) Tj ET Q q 0 0 0 rg BT 225.88 146.65 Td (attributable ) Tj ET Q q 0 0 0 rg BT 273.89 146.65 Td (to ) Tj ET Q q 0 0 0 rg BT 284.14 146.65 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 296.05 146.65 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.96 146.65 Td (65 ) Tj ET Q q 0 0 0 rg BT 320.43 146.65 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.32 146.65 Td ( ) Tj ET Q q 0 0 0 rg BT 351.79 146.65 Td (decrease ) Tj ET Q q 0 0 0 rg BT 388.68 146.65 Td (in ) Tj ET Q q 0 0 0 rg BT 398.93 146.65 Td (engines ) Tj ET Q q 0 0 0 rg BT 431.95 146.65 Td (net ) Tj ET Q q 0 0 0 rg BT 446.64 146.65 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 487.15 146.65 Td (partially ) Tj ET Q q 0 0 0 rg BT 522.94 146.65 Td (of) Tj ET Q q 0 0 0 rg BT 531.09 146.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 548.00 146.65 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 134.65 Td (the ) Tj ET Q q 0 0 0 rg BT 68.93 134.65 Td (combination ) Tj ET Q q 0 0 0 rg BT 121.63 134.65 Td (of ) Tj ET Q q 0 0 0 rg BT 132.67 134.65 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 147.59 134.65 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.74 134.65 Td (43 ) Tj ET Q q 0 0 0 rg BT 172.45 134.65 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.34 134.65 Td ( ) Tj ET Q q 0 0 0 rg BT 204.05 134.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 239.52 134.65 Td (in ) Tj ET Q q 0 0 0 rg BT 250.01 134.65 Td (cars ) Tj ET Q q 0 0 0 rg BT 268.81 134.65 Td (and ) Tj ET Q q 0 0 0 rg BT 285.96 134.65 Td (spare ) Tj ET Q q 0 0 0 rg BT 309.77 134.65 Td (parts ) Tj ET Q q 0 0 0 rg BT 331.92 134.65 Td (net ) Tj ET Q q 0 0 0 rg BT 346.85 134.65 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 387.59 134.65 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 405.30 134.65 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.45 134.65 Td (10 ) Tj ET Q q 0 0 0 rg BT 430.16 134.65 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.05 134.65 Td ( ) Tj ET Q q 0 0 0 rg BT 461.76 134.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 497.22 134.65 Td (in ) Tj ET Q q 0 0 0 rg BT 507.71 134.65 Td (sponsorship, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 122.65 Td (commercial ) Tj ET Q q 0 0 0 rg BT 103.70 122.65 Td (and ) Tj ET Q q 0 0 0 rg BT 120.64 122.65 Td (brand ) Tj ET Q q 0 0 0 rg BT 145.90 122.65 Td (net ) Tj ET Q q 0 0 0 rg BT 160.62 122.65 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 201.16 122.65 Td (and ) Tj ET Q q 0 0 0 rg BT 218.10 122.65 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 235.04 122.65 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.97 122.65 Td (10 ) Tj ET Q q 0 0 0 rg BT 259.47 122.65 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.37 122.65 Td ( ) Tj ET Q q 0 0 0 rg BT 290.87 122.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 326.12 122.65 Td (in ) Tj ET Q q 0 0 0 rg BT 336.40 122.65 Td (other ) Tj ET Q q 0 0 0 rg BT 359.44 122.65 Td (net ) Tj ET Q q 0 0 0 rg BT 374.16 122.65 Td (revenues.) Tj ET Q endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (16) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 730.25 Td (Cars ) Tj ET Q q 0 0 0 rg BT 75.95 730.25 Td (and ) Tj ET Q q 0 0 0 rg BT 94.01 730.25 Td (spare ) Tj ET Q q 0 0 0 rg BT 118.74 730.25 Td (parts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 706.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 106.70 706.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 144.49 706.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 185.61 706.25 Td (from ) Tj ET Q q 0 0 0 rg BT 207.31 706.25 Td (cars ) Tj ET Q q 0 0 0 rg BT 225.67 706.25 Td (and ) Tj ET Q q 0 0 0 rg BT 242.36 706.25 Td (spare ) Tj ET Q q 0 0 0 rg BT 265.72 706.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 287.42 706.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.10 706.25 Td (1,898 ) Tj ET Q q 0 0 0 rg BT 338.86 706.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.75 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 370.01 706.25 Td (for ) Tj ET Q q 0 0 0 rg BT 383.93 706.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.41 706.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 417.88 706.25 Td (months ) Tj ET Q q 0 0 0 rg BT 449.59 706.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 475.72 706.25 Td (September ) Tj ET Q q 0 0 0 rg BT 520.74 706.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 535.50 706.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.50 706.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 694.25 Td (an ) Tj ET Q q 0 0 0 rg BT 66.25 694.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 101.83 694.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.97 694.25 Td (43 ) Tj ET Q q 0 0 0 rg BT 130.79 694.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.68 694.25 Td (, ) Tj ET Q q 0 0 0 rg BT 165.00 694.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.14 694.25 Td (2.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.64 694.25 Td ( ) Tj ET Q q 0 0 0 rg BT 191.46 694.25 Td (percent, ) Tj ET Q q 0 0 0 rg BT 226.20 694.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.45 694.25 Td (1,855 ) Tj ET Q q 0 0 0 rg BT 278.77 694.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.66 694.25 Td ( ) Tj ET Q q 0 0 0 rg BT 310.48 694.25 Td (for ) Tj ET Q q 0 0 0 rg BT 324.96 694.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.99 694.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 360.02 694.25 Td (months ) Tj ET Q q 0 0 0 rg BT 392.29 694.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 418.98 694.25 Td (September ) Tj ET Q q 0 0 0 rg BT 464.56 694.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 479.88 694.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.88 694.25 Td (, ) Tj ET Q q 0 0 0 rg BT 505.19 694.25 Td (including ) Tj ET Q q 0 0 0 rg BT 545.78 694.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 681.05 Td (negative ) Tj ET Q q 0 0 0 rg BT 90.97 681.05 Td (impact ) Tj ET Q q 0 0 0 rg BT 121.29 681.05 Td (of ) Tj ET Q q 0 0 0 rg BT 132.72 681.05 Td (foreign ) Tj ET Q q 0 0 0 rg BT 164.70 681.05 Td (currency) Tj ET Q q 0 0 0 rg BT 199.03 681.05 Td (. ) Tj ET Q q 0 0 0 rg BT 204.40 681.05 Td (The ) Tj ET Q q 0 0 0 rg BT 223.05 681.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 258.91 681.05 Td (was ) Tj ET Q q 0 0 0 rg BT 277.56 681.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 326.20 681.05 Td (to ) Tj ET Q q 0 0 0 rg BT 337.08 681.05 Td (a ) Tj ET Q q 0 0 0 rg BT 344.62 681.05 Td (78) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 359.62 681.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.03 681.05 Td (million ) Tj ET Q q 0 0 0 rg BT 395.03 681.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 430.88 681.05 Td (in ) Tj ET Q q 0 0 0 rg BT 441.76 681.05 Td (net ) Tj ET Q q 0 0 0 rg BT 457.08 681.05 Td (revenues ) Tj ET Q q 0 0 0 rg BT 495.72 681.05 Td (from ) Tj ET Q q 0 0 0 rg BT 518.26 681.05 Td (range ) Tj ET Q q 0 0 0 rg BT 543.57 681.05 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 667.85 Td (special ) Tj ET Q q 0 0 0 rg BT 84.10 667.85 Td (series ) Tj ET Q q 0 0 0 rg BT 109.20 667.85 Td (cars ) Tj ET Q q 0 0 0 rg BT 127.63 667.85 Td (and ) Tj ET Q q 0 0 0 rg BT 144.40 667.85 Td (spare ) Tj ET Q q 0 0 0 rg BT 167.83 667.85 Td (parts, ) Tj ET Q q 0 0 0 rg BT 192.10 667.85 Td (partially ) Tj ET Q q 0 0 0 rg BT 227.75 667.85 Td (of) Tj ET Q q 0 0 0 rg BT 235.90 667.85 Td (fset ) Tj ET Q q 0 0 0 rg BT 252.67 667.85 Td (by ) Tj ET Q q 0 0 0 rg BT 265.00 667.85 Td (a ) Tj ET Q q 0 0 0 rg BT 271.77 667.85 Td (35) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 286.77 667.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.33 667.85 Td (million ) Tj ET Q q 0 0 0 rg BT 320.56 667.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 357.30 667.85 Td (in ) Tj ET Q q 0 0 0 rg BT 367.41 667.85 Td (net ) Tj ET Q q 0 0 0 rg BT 381.96 667.85 Td (revenues ) Tj ET Q q 0 0 0 rg BT 419.83 667.85 Td (from ) Tj ET Q q 0 0 0 rg BT 441.60 667.85 Td (hypercars ) Tj ET Q q 0 0 0 rg BT 482.80 667.85 Td (and ) Tj ET Q q 0 0 0 rg BT 499.57 667.85 Td (limited ) Tj ET Q q 0 0 0 rg BT 530.23 667.85 Td (edition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 655.85 Td (cars. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 630.65 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 630.65 Td (The ) Tj ET Q q 0 0 0 rg BT 107.66 630.65 Td (78) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 122.66 630.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.98 630.65 Td (million ) Tj ET Q q 0 0 0 rg BT 155.98 630.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 190.84 630.65 Td (in ) Tj ET Q q 0 0 0 rg BT 200.73 630.65 Td (net ) Tj ET Q q 0 0 0 rg BT 215.05 630.65 Td (revenues ) Tj ET Q q 0 0 0 rg BT 252.70 630.65 Td (from ) Tj ET Q q 0 0 0 rg BT 274.25 630.65 Td (range ) Tj ET Q q 0 0 0 rg BT 298.57 630.65 Td (and ) Tj ET Q q 0 0 0 rg BT 315.11 630.65 Td (special ) Tj ET Q q 0 0 0 rg BT 344.99 630.65 Td (series ) Tj ET Q q 0 0 0 rg BT 369.86 630.65 Td (cars ) Tj ET Q q 0 0 0 rg BT 388.07 630.65 Td (and ) Tj ET Q q 0 0 0 rg BT 404.62 630.65 Td (spare ) Tj ET Q q 0 0 0 rg BT 427.83 630.65 Td (parts ) Tj ET Q q 0 0 0 rg BT 449.38 630.65 Td (was ) Tj ET Q q 0 0 0 rg BT 467.04 630.65 Td (principally ) Tj ET Q q 0 0 0 rg BT 512.47 630.65 Td (attributable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 618.65 Td (to ) Tj ET Q q 0 0 0 rg BT 64.73 618.65 Td (an ) Tj ET Q q 0 0 0 rg BT 77.11 618.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 112.82 618.65 Td (in ) Tj ET Q q 0 0 0 rg BT 123.54 618.65 Td (shipments, ) Tj ET Q q 0 0 0 rg BT 169.55 618.65 Td (as ) Tj ET Q q 0 0 0 rg BT 180.83 618.65 Td (well ) Tj ET Q q 0 0 0 rg BT 200.99 618.65 Td (as ) Tj ET Q q 0 0 0 rg BT 212.27 618.65 Td (positive ) Tj ET Q q 0 0 0 rg BT 246.88 618.65 Td (mix ) Tj ET Q q 0 0 0 rg BT 265.39 618.65 Td (driven ) Tj ET Q q 0 0 0 rg BT 293.88 618.65 Td (by ) Tj ET Q q 0 0 0 rg BT 306.62 618.65 Td (V12 ) Tj ET Q q 0 0 0 rg BT 326.79 618.65 Td (models ) Tj ET Q q 0 0 0 rg BT 358.62 618.65 Td (and ) Tj ET Q q 0 0 0 rg BT 376.01 618.65 Td (pricing ) Tj ET Q q 0 0 0 rg BT 407.28 618.65 Td (increases, ) Tj ET Q q 0 0 0 rg BT 449.38 618.65 Td (partially ) Tj ET Q q 0 0 0 rg BT 485.64 618.65 Td (of) Tj ET Q q 0 0 0 rg BT 493.79 618.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 511.18 618.65 Td (by ) Tj ET Q q 0 0 0 rg BT 524.13 618.65 Td (negative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 86.27 605.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 124.65 605.45 Td (exchange ) Tj ET Q q 0 0 0 rg BT 165.80 605.45 Td (impact. ) Tj ET Q q 0 0 0 rg BT 198.91 605.45 Td (Shipments ) Tj ET Q q 0 0 0 rg BT 244.53 605.45 Td (of ) Tj ET Q q 0 0 0 rg BT 256.01 605.45 Td (V12 ) Tj ET Q q 0 0 0 rg BT 276.63 605.45 Td (range ) Tj ET Q q 0 0 0 rg BT 302.24 605.45 Td (and ) Tj ET Q q 0 0 0 rg BT 320.07 605.45 Td (special ) Tj ET Q q 0 0 0 rg BT 351.23 605.45 Td (series ) Tj ET Q q 0 0 0 rg BT 377.40 605.45 Td (models ) Tj ET Q q 0 0 0 rg BT 409.69 605.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 450.84 605.45 Td (by ) Tj ET Q q 0 0 0 rg BT 464.23 605.45 Td (22.7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 481.73 605.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.47 605.45 Td (percent, ) Tj ET Q q 0 0 0 rg BT 520.79 605.45 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 593.45 Td (attributable ) Tj ET Q q 0 0 0 rg BT 102.09 593.45 Td (to ) Tj ET Q q 0 0 0 rg BT 112.42 593.45 Td (shipments ) Tj ET Q q 0 0 0 rg BT 155.52 593.45 Td (of ) Tj ET Q q 0 0 0 rg BT 166.40 593.45 Td (the ) Tj ET Q q 0 0 0 rg BT 181.17 593.45 Td (812 ) Tj ET Q q 0 0 0 rg BT 198.72 593.45 Td (Superfast, ) Tj ET Q q 0 0 0 rg BT 241.54 593.45 Td (which ) Tj ET Q q 0 0 0 rg BT 268.53 593.45 Td (commenced ) Tj ET Q q 0 0 0 rg BT 319.39 593.45 Td (in ) Tj ET Q q 0 0 0 rg BT 329.72 593.45 Td (the ) Tj ET Q q 0 0 0 rg BT 344.48 593.45 Td (third ) Tj ET Q q 0 0 0 rg BT 365.92 593.45 Td (quarter ) Tj ET Q q 0 0 0 rg BT 396.79 593.45 Td (of ) Tj ET Q q 0 0 0 rg BT 407.67 593.45 Td (2017, ) Tj ET Q q 0 0 0 rg BT 432.72 593.45 Td (partially ) Tj ET Q q 0 0 0 rg BT 468.59 593.45 Td (of) Tj ET Q q 0 0 0 rg BT 476.74 593.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 493.73 593.45 Td (by ) Tj ET Q q 0 0 0 rg BT 506.28 593.45 Td (a ) Tj ET Q q 0 0 0 rg BT 513.27 593.45 Td (decrease ) Tj ET Q q 0 0 0 rg BT 550.23 593.45 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 581.45 Td (shipments ) Tj ET Q q 0 0 0 rg BT 96.73 581.45 Td (of ) Tj ET Q q 0 0 0 rg BT 107.24 581.45 Td (the ) Tj ET Q q 0 0 0 rg BT 121.63 581.45 Td (F12tdf ) Tj ET Q q 0 0 0 rg BT 150.47 581.45 Td (which ) Tj ET Q q 0 0 0 rg BT 177.09 581.45 Td (finished ) Tj ET Q q 0 0 0 rg BT 211.48 581.45 Td (its ) Tj ET Q q 0 0 0 rg BT 223.10 581.45 Td (limited ) Tj ET Q q 0 0 0 rg BT 253.61 581.45 Td (series ) Tj ET Q q 0 0 0 rg BT 278.55 581.45 Td (run ) Tj ET Q q 0 0 0 rg BT 294.06 581.45 Td (in ) Tj ET Q q 0 0 0 rg BT 304.01 581.45 Td (2017, ) Tj ET Q q 0 0 0 rg BT 328.69 581.45 Td (and ) Tj ET Q q 0 0 0 rg BT 345.30 581.45 Td (the ) Tj ET Q q 0 0 0 rg BT 359.69 581.45 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 400.75 581.45 Td (of ) Tj ET Q q 0 0 0 rg BT 411.25 581.45 Td (the ) Tj ET Q q 0 0 0 rg BT 425.64 581.45 Td (F12berlinetta ) Tj ET Q q 0 0 0 rg BT 481.14 581.45 Td (in ) Tj ET Q q 0 0 0 rg BT 491.09 581.45 Td (2017. ) Tj ET Q q 0 0 0 rg BT 515.77 581.45 Td (Shipments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 569.45 Td (of ) Tj ET Q q 0 0 0 rg BT 64.24 569.45 Td (V8 ) Tj ET Q q 0 0 0 rg BT 78.52 569.45 Td (range ) Tj ET Q q 0 0 0 rg BT 102.78 569.45 Td (and ) Tj ET Q q 0 0 0 rg BT 119.28 569.45 Td (special ) Tj ET Q q 0 0 0 rg BT 149.10 569.45 Td (series ) Tj ET Q q 0 0 0 rg BT 173.92 569.45 Td (models ) Tj ET Q q 0 0 0 rg BT 204.87 569.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 244.68 569.45 Td (by ) Tj ET Q q 0 0 0 rg BT 256.74 569.45 Td (4.1 ) Tj ET Q q 0 0 0 rg BT 271.29 569.45 Td (percent, ) Tj ET Q q 0 0 0 rg BT 305.27 569.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 335.10 569.45 Td (due ) Tj ET Q q 0 0 0 rg BT 351.60 569.45 Td (to ) Tj ET Q q 0 0 0 rg BT 361.44 569.45 Td (the ) Tj ET Q q 0 0 0 rg BT 375.71 569.45 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 404.97 569.45 Td (Portofino ) Tj ET Q q 0 0 0 rg BT 444.81 569.45 Td (and ) Tj ET Q q 0 0 0 rg BT 461.30 569.45 Td (an ) Tj ET Q q 0 0 0 rg BT 472.80 569.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 507.61 569.45 Td (in ) Tj ET Q q 0 0 0 rg BT 517.45 569.45 Td (shipments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 557.45 Td (of ) Tj ET Q q 0 0 0 rg BT 64.83 557.45 Td (the ) Tj ET Q q 0 0 0 rg BT 79.55 557.45 Td (488 ) Tj ET Q q 0 0 0 rg BT 97.05 557.45 Td (family ) Tj ET Q q 0 0 0 rg BT 125.65 557.45 Td (and ) Tj ET Q q 0 0 0 rg BT 142.59 557.45 Td (the ) Tj ET Q q 0 0 0 rg BT 157.31 557.45 Td (GTC4Lusso ) Tj ET Q q 0 0 0 rg BT 208.52 557.45 Td (T) Tj ET Q q 0 0 0 rg BT 213.88 557.45 Td (, ) Tj ET Q q 0 0 0 rg BT 218.88 557.45 Td (partially ) Tj ET Q q 0 0 0 rg BT 254.70 557.45 Td (of) Tj ET Q q 0 0 0 rg BT 262.85 557.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 279.79 557.45 Td (by ) Tj ET Q q 0 0 0 rg BT 292.29 557.45 Td (the ) Tj ET Q q 0 0 0 rg BT 307.01 557.45 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 348.38 557.45 Td (of ) Tj ET Q q 0 0 0 rg BT 359.21 557.45 Td (the ) Tj ET Q q 0 0 0 rg BT 373.93 557.45 Td (California ) Tj ET Q q 0 0 0 rg BT 416.79 557.45 Td (T) Tj ET Q q 0 0 0 rg BT 422.16 557.45 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 532.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 532.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.67 532.25 Td (78) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 122.67 532.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.00 532.25 Td (million ) Tj ET Q q 0 0 0 rg BT 156.01 532.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 190.88 532.25 Td (in ) Tj ET Q q 0 0 0 rg BT 200.78 532.25 Td (net ) Tj ET Q q 0 0 0 rg BT 215.11 532.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 252.77 532.25 Td (from ) Tj ET Q q 0 0 0 rg BT 274.33 532.25 Td (range ) Tj ET Q q 0 0 0 rg BT 298.65 532.25 Td (and ) Tj ET Q q 0 0 0 rg BT 315.21 532.25 Td (special ) Tj ET Q q 0 0 0 rg BT 345.09 532.25 Td (series ) Tj ET Q q 0 0 0 rg BT 369.98 532.25 Td (cars ) Tj ET Q q 0 0 0 rg BT 388.20 532.25 Td (and ) Tj ET Q q 0 0 0 rg BT 404.76 532.25 Td (spare ) Tj ET Q q 0 0 0 rg BT 427.98 532.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 449.53 532.25 Td (was ) Tj ET Q q 0 0 0 rg BT 467.20 532.25 Td (due ) Tj ET Q q 0 0 0 rg BT 483.76 532.25 Td (to ) Tj ET Q q 0 0 0 rg BT 493.66 532.25 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 505.22 532.25 Td (a ) Tj ET Q q 0 0 0 rg BT 511.77 532.25 Td (35) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 526.77 532.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.11 532.25 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 519.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 89.26 519.05 Td (in ) Tj ET Q q 0 0 0 rg BT 99.54 519.05 Td (EMEA, ) Tj ET Q q 0 0 0 rg BT 132.87 519.05 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 147.59 519.05 Td (a ) Tj ET Q q 0 0 0 rg BT 154.53 519.05 Td (15 ) Tj ET Q q 0 0 0 rg BT 172.03 519.05 Td (million ) Tj ET Q q 0 0 0 rg BT 203.43 519.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 238.68 519.05 Td (in ) Tj ET Q q 0 0 0 rg BT 248.41 519.05 Td (Americas, ) Tj ET Q q 0 0 0 rg BT 291.73 519.05 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 309.23 519.05 Td (a ) Tj ET Q q 0 0 0 rg BT 316.17 519.05 Td (14) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 331.17 519.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.92 519.05 Td (million ) Tj ET Q q 0 0 0 rg BT 365.31 519.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 400.57 519.05 Td (in ) Tj ET Q q 0 0 0 rg BT 410.85 519.05 Td (China, ) Tj ET Q q 0 0 0 rg BT 439.74 519.05 Td (Hong ) Tj ET Q q 0 0 0 rg BT 464.46 519.05 Td (Kong ) Tj ET Q q 0 0 0 rg BT 489.19 519.05 Td (and ) Tj ET Q q 0 0 0 rg BT 505.95 519.05 Td (T) Tj ET Q q 0 0 0 rg BT 511.36 519.05 Td (aiwan ) Tj ET Q q 0 0 0 rg BT 537.74 519.05 Td (\(on ) Tj ET Q q 0 0 0 rg BT 553.57 519.05 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 505.85 Td (combined ) Tj ET Q q 0 0 0 rg BT 95.93 505.85 Td (basis\), ) Tj ET Q q 0 0 0 rg BT 124.26 505.85 Td (and ) Tj ET Q q 0 0 0 rg BT 141.20 505.85 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 158.14 505.85 Td (a ) Tj ET Q q 0 0 0 rg BT 165.08 505.85 Td (14) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 180.08 505.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.83 505.85 Td (million ) Tj ET Q q 0 0 0 rg BT 214.22 505.85 Td (increase ) Tj ET Q q 0 0 0 rg BT 249.47 505.85 Td (in ) Tj ET Q q 0 0 0 rg BT 259.75 505.85 Td (Rest ) Tj ET Q q 0 0 0 rg BT 280.03 505.85 Td (of ) Tj ET Q q 0 0 0 rg BT 290.31 505.85 Td (AP) Tj ET Q q 0 0 0 rg BT 302.17 505.85 Td (AC.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 480.65 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 90.00 480.65 Td (The ) Tj ET Q q 0 0 0 rg BT 108.46 480.65 Td (35) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.46 480.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.66 480.65 Td (million ) Tj ET Q q 0 0 0 rg BT 158.46 480.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 194.13 480.65 Td (in ) Tj ET Q q 0 0 0 rg BT 204.82 480.65 Td (EMEA) Tj ET Q q 0 0 0 rg BT 232.60 480.65 Td ( ) Tj ET Q q 0 0 0 rg BT 235.51 480.65 Td (net ) Tj ET Q q 0 0 0 rg BT 250.64 480.65 Td (revenues ) Tj ET Q q 0 0 0 rg BT 289.09 480.65 Td (was ) Tj ET Q q 0 0 0 rg BT 307.55 480.65 Td (primarily ) Tj ET Q q 0 0 0 rg BT 347.67 480.65 Td (attributable ) Tj ET Q q 0 0 0 rg BT 396.12 480.65 Td (to ) Tj ET Q q 0 0 0 rg BT 406.81 480.65 Td (an ) Tj ET Q q 0 0 0 rg BT 419.16 480.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 454.83 480.65 Td (in ) Tj ET Q q 0 0 0 rg BT 465.52 480.65 Td (shipments ) Tj ET Q q 0 0 0 rg BT 508.99 480.65 Td (and ) Tj ET Q q 0 0 0 rg BT 526.34 480.65 Td (positive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 468.65 Td (mix, ) Tj ET Q q 0 0 0 rg BT 109.89 468.65 Td (as ) Tj ET Q q 0 0 0 rg BT 120.06 468.65 Td (well ) Tj ET Q q 0 0 0 rg BT 139.12 468.65 Td (as ) Tj ET Q q 0 0 0 rg BT 149.28 468.65 Td (greater ) Tj ET Q q 0 0 0 rg BT 178.87 468.65 Td (contribution ) Tj ET Q q 0 0 0 rg BT 229.59 468.65 Td (from ) Tj ET Q q 0 0 0 rg BT 250.87 468.65 Td (our ) Tj ET Q q 0 0 0 rg BT 266.04 468.65 Td (personalization ) Tj ET Q q 0 0 0 rg BT 328.96 468.65 Td (programs ) Tj ET Q q 0 0 0 rg BT 368.57 468.65 Td (and ) Tj ET Q q 0 0 0 rg BT 384.85 468.65 Td (pricing ) Tj ET Q q 0 0 0 rg BT 415.01 468.65 Td (increases. ) Tj ET Q q 0 0 0 rg BT 455.86 468.65 Td (The ) Tj ET Q q 0 0 0 rg BT 473.24 468.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 507.83 468.65 Td (in ) Tj ET Q q 0 0 0 rg BT 517.45 468.65 Td (shipments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 456.65 Td (was ) Tj ET Q q 0 0 0 rg BT 108.28 456.65 Td (driven ) Tj ET Q q 0 0 0 rg BT 136.55 456.65 Td (by ) Tj ET Q q 0 0 0 rg BT 149.27 456.65 Td (double ) Tj ET Q q 0 0 0 rg BT 179.21 456.65 Td (digit ) Tj ET Q q 0 0 0 rg BT 200.27 456.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 231.32 456.65 Td (in ) Tj ET Q q 0 0 0 rg BT 241.82 456.65 Td (shipments ) Tj ET Q q 0 0 0 rg BT 285.10 456.65 Td (in ) Tj ET Q q 0 0 0 rg BT 295.61 456.65 Td (Rest ) Tj ET Q q 0 0 0 rg BT 316.11 456.65 Td (of ) Tj ET Q q 0 0 0 rg BT 327.16 456.65 Td (EMEA, ) Tj ET Q q 0 0 0 rg BT 360.72 456.65 Td (France ) Tj ET Q q 0 0 0 rg BT 390.65 456.65 Td (and ) Tj ET Q q 0 0 0 rg BT 407.81 456.65 Td (Italy ) Tj ET Q q 0 0 0 rg BT 428.86 456.65 Td (as ) Tj ET Q q 0 0 0 rg BT 439.91 456.65 Td (well ) Tj ET Q q 0 0 0 rg BT 459.85 456.65 Td (as ) Tj ET Q q 0 0 0 rg BT 470.91 456.65 Td (single-digit ) Tj ET Q q 0 0 0 rg BT 519.18 456.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 550.23 456.65 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 444.65 Td (Switzerland, ) Tj ET Q q 0 0 0 rg BT 142.67 444.65 Td (the ) Tj ET Q q 0 0 0 rg BT 157.29 444.65 Td (UK ) Tj ET Q q 0 0 0 rg BT 174.15 444.65 Td (and ) Tj ET Q q 0 0 0 rg BT 190.99 444.65 Td (Germany) Tj ET Q q 0 0 0 rg BT 227.55 444.65 Td (, ) Tj ET Q q 0 0 0 rg BT 232.46 444.65 Td (and ) Tj ET Q q 0 0 0 rg BT 249.30 444.65 Td (primarily ) Tj ET Q q 0 0 0 rg BT 288.92 444.65 Td (related ) Tj ET Q q 0 0 0 rg BT 318.53 444.65 Td (to ) Tj ET Q q 0 0 0 rg BT 328.72 444.65 Td (the ) Tj ET Q q 0 0 0 rg BT 343.34 444.65 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 372.95 444.65 Td (Portofino ) Tj ET Q q 0 0 0 rg BT 413.14 444.65 Td (and ) Tj ET Q q 0 0 0 rg BT 429.99 444.65 Td (the ) Tj ET Q q 0 0 0 rg BT 444.61 444.65 Td (812 ) Tj ET Q q 0 0 0 rg BT 462.02 444.65 Td (Superfast, ) Tj ET Q q 0 0 0 rg BT 504.69 444.65 Td (as ) Tj ET Q q 0 0 0 rg BT 515.43 444.65 Td (well ) Tj ET Q q 0 0 0 rg BT 535.05 444.65 Td (as ) Tj ET Q q 0 0 0 rg BT 545.79 444.65 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 432.65 Td (488 ) Tj ET Q q 0 0 0 rg BT 108.19 432.65 Td (family) Tj ET Q q 0 0 0 rg BT 133.65 432.65 Td (, ) Tj ET Q q 0 0 0 rg BT 139.34 432.65 Td (partially ) Tj ET Q q 0 0 0 rg BT 175.85 432.65 Td (of) Tj ET Q q 0 0 0 rg BT 184.00 432.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 201.63 432.65 Td (by ) Tj ET Q q 0 0 0 rg BT 214.82 432.65 Td (the ) Tj ET Q q 0 0 0 rg BT 230.22 432.65 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 272.29 432.65 Td (of ) Tj ET Q q 0 0 0 rg BT 283.81 432.65 Td (the ) Tj ET Q q 0 0 0 rg BT 299.22 432.65 Td (California ) Tj ET Q q 0 0 0 rg BT 342.72 432.65 Td (T) Tj ET Q q 0 0 0 rg BT 348.65 432.65 Td ( ) Tj ET Q q 0 0 0 rg BT 351.84 432.65 Td (and ) Tj ET Q q 0 0 0 rg BT 369.47 432.65 Td (a ) Tj ET Q q 0 0 0 rg BT 377.10 432.65 Td (reallocation ) Tj ET Q q 0 0 0 rg BT 427.49 432.65 Td (of ) Tj ET Q q 0 0 0 rg BT 439.01 432.65 Td (shipments ) Tj ET Q q 0 0 0 rg BT 482.76 432.65 Td (triggered ) Tj ET Q q 0 0 0 rg BT 522.04 432.65 Td (by ) Tj ET Q q 0 0 0 rg BT 535.23 432.65 Td (tough ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 420.65 Td (market ) Tj ET Q q 0 0 0 rg BT 120.46 420.65 Td (conditions ) Tj ET Q q 0 0 0 rg BT 164.82 420.65 Td (in ) Tj ET Q q 0 0 0 rg BT 175.29 420.65 Td (the ) Tj ET Q q 0 0 0 rg BT 190.20 420.65 Td (Middle ) Tj ET Q q 0 0 0 rg BT 221.78 420.65 Td (East; ) Tj ET Q q 0 0 0 rg BT 244.47 420.65 Td (however ) Tj ET Q q 0 0 0 rg BT 281.59 420.65 Td (the ) Tj ET Q q 0 0 0 rg BT 296.51 420.65 Td (Middle ) Tj ET Q q 0 0 0 rg BT 328.09 420.65 Td (East ) Tj ET Q q 0 0 0 rg BT 348.00 420.65 Td (experienced ) Tj ET Q q 0 0 0 rg BT 398.99 420.65 Td (double-digit ) Tj ET Q q 0 0 0 rg BT 450.57 420.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 481.59 420.65 Td (in ) Tj ET Q q 0 0 0 rg BT 492.07 420.65 Td (shipments ) Tj ET Q q 0 0 0 rg BT 535.32 420.65 Td (in ) Tj ET Q q 0 0 0 rg BT 545.79 420.65 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 408.65 Td (second ) Tj ET Q q 0 0 0 rg BT 120.27 408.65 Td (and ) Tj ET Q q 0 0 0 rg BT 137.21 408.65 Td (third ) Tj ET Q q 0 0 0 rg BT 158.59 408.65 Td (quarters.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 383.45 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 90.00 383.45 Td (The ) Tj ET Q q 0 0 0 rg BT 108.28 383.45 Td (15) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.28 383.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.29 383.45 Td (million ) Tj ET Q q 0 0 0 rg BT 157.92 383.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 193.41 383.45 Td (in ) Tj ET Q q 0 0 0 rg BT 203.32 383.45 Td (Americas ) Tj ET Q q 0 0 0 rg BT 244.37 383.45 Td (net ) Tj ET Q q 0 0 0 rg BT 259.32 383.45 Td (revenues ) Tj ET Q q 0 0 0 rg BT 297.60 383.45 Td (was ) Tj ET Q q 0 0 0 rg BT 315.88 383.45 Td (primarily ) Tj ET Q q 0 0 0 rg BT 355.83 383.45 Td (attributable ) Tj ET Q q 0 0 0 rg BT 404.10 383.45 Td (to ) Tj ET Q q 0 0 0 rg BT 414.62 383.45 Td (positive ) Tj ET Q q 0 0 0 rg BT 449.02 383.45 Td (volume ) Tj ET Q q 0 0 0 rg BT 481.75 383.45 Td (and ) Tj ET Q q 0 0 0 rg BT 498.92 383.45 Td (mix, ) Tj ET Q q 0 0 0 rg BT 519.72 383.45 Td (driven ) Tj ET Q q 0 0 0 rg BT 548.00 383.45 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 371.45 Td (the ) Tj ET Q q 0 0 0 rg BT 104.13 371.45 Td (812 ) Tj ET Q q 0 0 0 rg BT 121.05 371.45 Td (Superfast, ) Tj ET Q q 0 0 0 rg BT 163.23 371.45 Td (the ) Tj ET Q q 0 0 0 rg BT 177.36 371.45 Td (488 ) Tj ET Q q 0 0 0 rg BT 194.28 371.45 Td (and ) Tj ET Q q 0 0 0 rg BT 210.63 371.45 Td (GTC4Lusso ) Tj ET Q q 0 0 0 rg BT 261.44 371.45 Td (families, ) Tj ET Q q 0 0 0 rg BT 298.07 371.45 Td (and ) Tj ET Q q 0 0 0 rg BT 314.42 371.45 Td (the ) Tj ET Q q 0 0 0 rg BT 328.55 371.45 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 357.68 371.45 Td (Portofino, ) Tj ET Q q 0 0 0 rg BT 399.87 371.45 Td (as ) Tj ET Q q 0 0 0 rg BT 410.12 371.45 Td (well ) Tj ET Q q 0 0 0 rg BT 429.25 371.45 Td (as ) Tj ET Q q 0 0 0 rg BT 439.49 371.45 Td (our ) Tj ET Q q 0 0 0 rg BT 454.74 371.45 Td (personalization ) Tj ET Q q 0 0 0 rg BT 517.74 371.45 Td (programs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 359.45 Td (partially ) Tj ET Q q 0 0 0 rg BT 125.82 359.45 Td (of) Tj ET Q q 0 0 0 rg BT 133.97 359.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 150.91 359.45 Td (by ) Tj ET Q q 0 0 0 rg BT 163.41 359.45 Td (negative ) Tj ET Q q 0 0 0 rg BT 199.78 359.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 231.16 359.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 268.63 359.45 Td (translation ) Tj ET Q q 0 0 0 rg BT 313.34 359.45 Td (impact. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 334.25 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 90.00 334.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.04 334.25 Td (14) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 122.04 334.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.68 334.25 Td (million ) Tj ET Q q 0 0 0 rg BT 154.06 334.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 188.31 334.25 Td (in ) Tj ET Q q 0 0 0 rg BT 197.58 334.25 Td (China, ) Tj ET Q q 0 0 0 rg BT 225.46 334.25 Td (Hong ) Tj ET Q q 0 0 0 rg BT 249.17 334.25 Td (Kong ) Tj ET Q q 0 0 0 rg BT 272.88 334.25 Td (and ) Tj ET Q q 0 0 0 rg BT 288.71 334.25 Td (T) Tj ET Q q 0 0 0 rg BT 294.12 334.25 Td (aiwan ) Tj ET Q q 0 0 0 rg BT 319.48 334.25 Td (\(on ) Tj ET Q q 0 0 0 rg BT 334.31 334.25 Td (a ) Tj ET Q q 0 0 0 rg BT 340.24 334.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 381.16 334.25 Td (basis\) ) Tj ET Q q 0 0 0 rg BT 405.98 334.25 Td (net ) Tj ET Q q 0 0 0 rg BT 419.69 334.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 456.72 334.25 Td (was ) Tj ET Q q 0 0 0 rg BT 473.76 334.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 512.47 334.25 Td (attributable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 322.25 Td (to ) Tj ET Q q 0 0 0 rg BT 101.20 322.25 Td (an ) Tj ET Q q 0 0 0 rg BT 114.05 322.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 150.22 322.25 Td (in ) Tj ET Q q 0 0 0 rg BT 161.42 322.25 Td (shipments ) Tj ET Q q 0 0 0 rg BT 205.40 322.25 Td (and ) Tj ET Q q 0 0 0 rg BT 223.25 322.25 Td (positive ) Tj ET Q q 0 0 0 rg BT 258.33 322.25 Td (mix, ) Tj ET Q q 0 0 0 rg BT 279.81 322.25 Td (partially ) Tj ET Q q 0 0 0 rg BT 316.55 322.25 Td (of) Tj ET Q q 0 0 0 rg BT 324.70 322.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 342.55 322.25 Td (by ) Tj ET Q q 0 0 0 rg BT 355.97 322.25 Td (negative ) Tj ET Q q 0 0 0 rg BT 393.26 322.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 425.56 322.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 463.95 322.25 Td (translation ) Tj ET Q q 0 0 0 rg BT 509.58 322.25 Td (impact. ) Tj ET Q q 0 0 0 rg BT 542.46 322.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 310.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 124.58 310.25 Td (in ) Tj ET Q q 0 0 0 rg BT 134.19 310.25 Td (shipments ) Tj ET Q q 0 0 0 rg BT 176.57 310.25 Td (was ) Tj ET Q q 0 0 0 rg BT 193.95 310.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 221.33 310.25 Td (by ) Tj ET Q q 0 0 0 rg BT 233.15 310.25 Td (the ) Tj ET Q q 0 0 0 rg BT 247.20 310.25 Td (812 ) Tj ET Q q 0 0 0 rg BT 264.03 310.25 Td (Superfast, ) Tj ET Q q 0 0 0 rg BT 306.12 310.25 Td (the ) Tj ET Q q 0 0 0 rg BT 320.17 310.25 Td (GTC4Lusso ) Tj ET Q q 0 0 0 rg BT 370.89 310.25 Td (family ) Tj ET Q q 0 0 0 rg BT 398.82 310.25 Td (and ) Tj ET Q q 0 0 0 rg BT 415.08 310.25 Td (the ) Tj ET Q q 0 0 0 rg BT 429.13 310.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 458.16 310.25 Td (Portofino, ) Tj ET Q q 0 0 0 rg BT 500.27 310.25 Td (partially ) Tj ET Q q 0 0 0 rg BT 535.42 310.25 Td (of) Tj ET Q q 0 0 0 rg BT 543.56 310.25 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 298.25 Td (by ) Tj ET Q q 0 0 0 rg BT 102.50 298.25 Td (the ) Tj ET Q q 0 0 0 rg BT 117.22 298.25 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 158.59 298.25 Td (of ) Tj ET Q q 0 0 0 rg BT 169.42 298.25 Td (the ) Tj ET Q q 0 0 0 rg BT 184.14 298.25 Td (California ) Tj ET Q q 0 0 0 rg BT 227.00 298.25 Td (T) Tj ET Q q 0 0 0 rg BT 232.37 298.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 273.05 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 90.00 273.05 Td (The ) Tj ET Q q 0 0 0 rg BT 108.56 273.05 Td (14) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.56 273.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.87 273.05 Td (million ) Tj ET Q q 0 0 0 rg BT 158.77 273.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 194.53 273.05 Td (in ) Tj ET Q q 0 0 0 rg BT 205.32 273.05 Td (Rest ) Tj ET Q q 0 0 0 rg BT 226.11 273.05 Td (of ) Tj ET Q q 0 0 0 rg BT 236.79 273.05 Td (AP) Tj ET Q q 0 0 0 rg BT 248.65 273.05 Td (AC ) Tj ET Q q 0 0 0 rg BT 265.55 273.05 Td (net ) Tj ET Q q 0 0 0 rg BT 280.78 273.05 Td (revenues ) Tj ET Q q 0 0 0 rg BT 319.33 273.05 Td (was ) Tj ET Q q 0 0 0 rg BT 337.89 273.05 Td (primarily ) Tj ET Q q 0 0 0 rg BT 378.11 273.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 426.66 273.05 Td (to ) Tj ET Q q 0 0 0 rg BT 437.45 273.05 Td (an ) Tj ET Q q 0 0 0 rg BT 449.90 273.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 485.66 273.05 Td (in ) Tj ET Q q 0 0 0 rg BT 496.45 273.05 Td (net ) Tj ET Q q 0 0 0 rg BT 511.68 273.05 Td (revenues ) Tj ET Q q 0 0 0 rg BT 550.23 273.05 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 261.05 Td (Australia ) Tj ET Q q 0 0 0 rg BT 130.14 261.05 Td (and ) Tj ET Q q 0 0 0 rg BT 148.07 261.05 Td (Japan, ) Tj ET Q q 0 0 0 rg BT 176.83 261.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 213.63 261.05 Td (of) Tj ET Q q 0 0 0 rg BT 221.78 261.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 239.71 261.05 Td (by ) Tj ET Q q 0 0 0 rg BT 253.20 261.05 Td (a ) Tj ET Q q 0 0 0 rg BT 261.12 261.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 299.03 261.05 Td (in ) Tj ET Q q 0 0 0 rg BT 310.29 261.05 Td (net ) Tj ET Q q 0 0 0 rg BT 326.00 261.05 Td (revenues ) Tj ET Q q 0 0 0 rg BT 365.02 261.05 Td (in ) Tj ET Q q 0 0 0 rg BT 376.29 261.05 Td (other ) Tj ET Q q 0 0 0 rg BT 400.32 261.05 Td (Rest ) Tj ET Q q 0 0 0 rg BT 421.59 261.05 Td (of ) Tj ET Q q 0 0 0 rg BT 432.64 261.05 Td (AP) Tj ET Q q 0 0 0 rg BT 444.50 261.05 Td (AC ) Tj ET Q q 0 0 0 rg BT 461.88 261.05 Td (driven ) Tj ET Q q 0 0 0 rg BT 490.92 261.05 Td (by ) Tj ET Q q 0 0 0 rg BT 504.40 261.05 Td (a ) Tj ET Q q 0 0 0 rg BT 512.33 261.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 550.23 261.05 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 249.05 Td (shipments. ) Tj ET Q q 0 0 0 rg BT 134.94 249.05 Td ( ) Tj ET Q q 0 0 0 rg BT 136.69 249.05 Td (The ) Tj ET Q q 0 0 0 rg BT 154.11 249.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 188.75 249.05 Td (in ) Tj ET Q q 0 0 0 rg BT 198.41 249.05 Td (shipments ) Tj ET Q q 0 0 0 rg BT 240.85 249.05 Td (in ) Tj ET Q q 0 0 0 rg BT 250.51 249.05 Td (Japan ) Tj ET Q q 0 0 0 rg BT 275.16 249.05 Td (and ) Tj ET Q q 0 0 0 rg BT 291.07 249.05 Td (Australia ) Tj ET Q q 0 0 0 rg BT 329.60 249.05 Td (was ) Tj ET Q q 0 0 0 rg BT 347.04 249.05 Td (primarily ) Tj ET Q q 0 0 0 rg BT 386.13 249.05 Td (due ) Tj ET Q q 0 0 0 rg BT 402.45 249.05 Td (to ) Tj ET Q q 0 0 0 rg BT 412.11 249.05 Td (the ) Tj ET Q q 0 0 0 rg BT 426.21 249.05 Td (812 ) Tj ET Q q 0 0 0 rg BT 443.10 249.05 Td (Superfast ) Tj ET Q q 0 0 0 rg BT 482.75 249.05 Td (and ) Tj ET Q q 0 0 0 rg BT 499.07 249.05 Td (the ) Tj ET Q q 0 0 0 rg BT 513.17 249.05 Td (488 ) Tj ET Q q 0 0 0 rg BT 530.05 249.05 Td (family) Tj ET Q q 0 0 0 rg BT 555.50 249.05 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 237.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 125.85 237.05 Td (of) Tj ET Q q 0 0 0 rg BT 134.00 237.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 150.97 237.05 Td (by ) Tj ET Q q 0 0 0 rg BT 163.50 237.05 Td (the ) Tj ET Q q 0 0 0 rg BT 178.25 237.05 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 219.66 237.05 Td (of ) Tj ET Q q 0 0 0 rg BT 230.52 237.05 Td (the ) Tj ET Q q 0 0 0 rg BT 245.26 237.05 Td (California ) Tj ET Q q 0 0 0 rg BT 288.15 237.05 Td (T) Tj ET Q q 0 0 0 rg BT 293.52 237.05 Td (. ) Tj ET Q q 0 0 0 rg BT 298.55 237.05 Td ( ) Tj ET Q q 0 0 0 rg BT 301.08 237.05 Td (Net ) Tj ET Q q 0 0 0 rg BT 318.05 237.05 Td (revenues ) Tj ET Q q 0 0 0 rg BT 356.12 237.05 Td (in ) Tj ET Q q 0 0 0 rg BT 366.43 237.05 Td (Japan ) Tj ET Q q 0 0 0 rg BT 391.73 237.05 Td (and ) Tj ET Q q 0 0 0 rg BT 408.14 237.05 Td (Australia ) Tj ET Q q 0 0 0 rg BT 447.32 237.05 Td (were ) Tj ET Q q 0 0 0 rg BT 469.28 237.05 Td (negatively ) Tj ET Q q 0 0 0 rg BT 513.46 237.05 Td (ef) Tj ET Q q 0 0 0 rg BT 521.05 237.05 Td (fected ) Tj ET Q q 0 0 0 rg BT 548.01 237.05 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 225.05 Td (foreign ) Tj ET Q q 0 0 0 rg BT 121.38 225.05 Td (currency ) Tj ET Q q 0 0 0 rg BT 158.85 225.05 Td (translation ) Tj ET Q q 0 0 0 rg BT 203.56 225.05 Td (impact.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 201.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 201.05 Td (The ) Tj ET Q q 0 0 0 rg BT 107.70 201.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 144.27 201.05 Td (in ) Tj ET Q q 0 0 0 rg BT 154.21 201.05 Td (net ) Tj ET Q q 0 0 0 rg BT 168.58 201.05 Td (revenues ) Tj ET Q q 0 0 0 rg BT 206.27 201.05 Td (from ) Tj ET Q q 0 0 0 rg BT 227.87 201.05 Td (hypercars ) Tj ET Q q 0 0 0 rg BT 268.89 201.05 Td (and ) Tj ET Q q 0 0 0 rg BT 285.48 201.05 Td (limited ) Tj ET Q q 0 0 0 rg BT 315.97 201.05 Td (edition ) Tj ET Q q 0 0 0 rg BT 345.90 201.05 Td (cars ) Tj ET Q q 0 0 0 rg BT 364.15 201.05 Td (was ) Tj ET Q q 0 0 0 rg BT 381.86 201.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 429.55 201.05 Td (to ) Tj ET Q q 0 0 0 rg BT 439.49 201.05 Td (a ) Tj ET Q q 0 0 0 rg BT 446.08 201.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 482.65 201.05 Td (in ) Tj ET Q q 0 0 0 rg BT 492.59 201.05 Td (shipments ) Tj ET Q q 0 0 0 rg BT 535.30 201.05 Td (of ) Tj ET Q q 0 0 0 rg BT 545.78 201.05 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 189.05 Td (LaFerrari ) Tj ET Q q 0 0 0 rg BT 94.08 189.05 Td (Aperta, ) Tj ET Q q 0 0 0 rg BT 126.77 189.05 Td (which ) Tj ET Q q 0 0 0 rg BT 154.18 189.05 Td (is ) Tj ET Q q 0 0 0 rg BT 163.84 189.05 Td (finishing ) Tj ET Q q 0 0 0 rg BT 202.37 189.05 Td (its ) Tj ET Q q 0 0 0 rg BT 214.80 189.05 Td (limited ) Tj ET Q q 0 0 0 rg BT 246.11 189.05 Td (series ) Tj ET Q q 0 0 0 rg BT 271.86 189.05 Td (run, ) Tj ET Q q 0 0 0 rg BT 290.67 189.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 326.98 189.05 Td (of) Tj ET Q q 0 0 0 rg BT 335.12 189.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 352.54 189.05 Td (by ) Tj ET Q q 0 0 0 rg BT 365.52 189.05 Td (the ) Tj ET Q q 0 0 0 rg BT 380.72 189.05 Td (first ) Tj ET Q q 0 0 0 rg BT 399.81 189.05 Td (deliveries ) Tj ET Q q 0 0 0 rg BT 441.67 189.05 Td (of ) Tj ET Q q 0 0 0 rg BT 452.98 189.05 Td (the ) Tj ET Q q 0 0 0 rg BT 468.17 189.05 Td (strictly ) Tj ET Q q 0 0 0 rg BT 498.93 189.05 Td (limited ) Tj ET Q q 0 0 0 rg BT 530.24 189.05 Td (edition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 177.05 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 83.71 177.05 Td (J50.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 153.05 Td (Engines) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 129.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 129.05 Td (Net ) Tj ET Q q 0 0 0 rg BT 106.74 129.05 Td (revenues ) Tj ET Q q 0 0 0 rg BT 144.59 129.05 Td (generated ) Tj ET Q q 0 0 0 rg BT 185.76 129.05 Td (from ) Tj ET Q q 0 0 0 rg BT 207.50 129.05 Td (engines ) Tj ET Q q 0 0 0 rg BT 240.35 129.05 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.09 129.05 Td (227 ) Tj ET Q q 0 0 0 rg BT 284.40 129.05 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.29 129.05 Td ( ) Tj ET Q q 0 0 0 rg BT 315.59 129.05 Td (for ) Tj ET Q q 0 0 0 rg BT 329.56 129.05 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.08 129.05 Td (nine ) Tj ET Q q 0 0 0 rg BT 363.60 129.05 Td (months ) Tj ET Q q 0 0 0 rg BT 395.36 129.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 421.54 129.05 Td (September ) Tj ET Q q 0 0 0 rg BT 466.61 129.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 481.42 129.05 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.42 129.05 Td (, ) Tj ET Q q 0 0 0 rg BT 506.22 129.05 Td (a ) Tj ET Q q 0 0 0 rg BT 512.97 129.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 549.69 129.05 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 117.05 Td (65 ) Tj ET Q q 0 0 0 rg BT 71.87 117.05 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.76 117.05 Td (, ) Tj ET Q q 0 0 0 rg BT 106.13 117.05 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.33 117.05 Td (22.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.83 117.05 Td ( ) Tj ET Q q 0 0 0 rg BT 137.70 117.05 Td (percent, ) Tj ET Q q 0 0 0 rg BT 172.49 117.05 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.80 117.05 Td (292 ) Tj ET Q q 0 0 0 rg BT 217.66 117.05 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.56 117.05 Td ( ) Tj ET Q q 0 0 0 rg BT 249.42 117.05 Td (for ) Tj ET Q q 0 0 0 rg BT 263.95 117.05 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.04 117.05 Td (nine ) Tj ET Q q 0 0 0 rg BT 299.12 117.05 Td (months ) Tj ET Q q 0 0 0 rg BT 331.44 117.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 358.19 117.05 Td (September ) Tj ET Q q 0 0 0 rg BT 403.82 117.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 419.19 117.05 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.19 117.05 Td (. ) Tj ET Q q 0 0 0 rg BT 444.35 117.05 Td (The ) Tj ET Q q 0 0 0 rg BT 462.76 117.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 500.05 117.05 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.25 117.05 Td (65 ) Tj ET Q q 0 0 0 rg BT 529.11 117.05 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 105.05 Td (was ) Tj ET Q q 0 0 0 rg BT 71.75 105.05 Td (mainly ) Tj ET Q q 0 0 0 rg BT 101.72 105.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 149.46 105.05 Td (to ) Tj ET Q q 0 0 0 rg BT 159.44 105.05 Td (a ) Tj ET Q q 0 0 0 rg BT 166.08 105.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 202.69 105.05 Td (in ) Tj ET Q q 0 0 0 rg BT 212.67 105.05 Td (net ) Tj ET Q q 0 0 0 rg BT 227.09 105.05 Td (revenues ) Tj ET Q q 0 0 0 rg BT 264.82 105.05 Td (generated ) Tj ET Q q 0 0 0 rg BT 305.88 105.05 Td (from ) Tj ET Q q 0 0 0 rg BT 327.52 105.05 Td (the ) Tj ET Q q 0 0 0 rg BT 341.94 105.05 Td (sale ) Tj ET Q q 0 0 0 rg BT 359.69 105.05 Td (of ) Tj ET Q q 0 0 0 rg BT 370.22 105.05 Td (engines ) Tj ET Q q 0 0 0 rg BT 402.96 105.05 Td (to ) Tj ET Q q 0 0 0 rg BT 412.94 105.05 Td (Maserati, ) Tj ET Q q 0 0 0 rg BT 452.63 105.05 Td (driven ) Tj ET Q q 0 0 0 rg BT 480.37 105.05 Td (by ) Tj ET Q q 0 0 0 rg BT 492.57 105.05 Td (a ) Tj ET Q q 0 0 0 rg BT 499.21 105.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 535.82 105.05 Td (in ) Tj ET Q q 0 0 0 rg BT 545.80 105.05 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 93.05 Td (number ) Tj ET Q q 0 0 0 rg BT 87.05 93.05 Td (of ) Tj ET Q q 0 0 0 rg BT 97.88 93.05 Td (engines ) Tj ET Q q 0 0 0 rg BT 130.92 93.05 Td (shipped ) Tj ET Q q 0 0 0 rg BT 164.53 93.05 Td (in ) Tj ET Q q 0 0 0 rg BT 174.81 93.05 Td (the ) Tj ET Q q 0 0 0 rg BT 189.53 93.05 Td (first ) Tj ET Q q 0 0 0 rg BT 208.14 93.05 Td (nine ) Tj ET Q q 0 0 0 rg BT 227.85 93.05 Td (months ) Tj ET Q q 0 0 0 rg BT 259.80 93.05 Td (of ) Tj ET Q q 0 0 0 rg BT 270.63 93.05 Td (2018 ) Tj ET Q q 0 0 0 rg BT 293.13 93.05 Td (compared ) Tj ET Q q 0 0 0 rg BT 335.05 93.05 Td (to ) Tj ET Q q 0 0 0 rg BT 345.33 93.05 Td (the ) Tj ET Q q 0 0 0 rg BT 360.05 93.05 Td (first ) Tj ET Q q 0 0 0 rg BT 378.66 93.05 Td (nine ) Tj ET Q q 0 0 0 rg BT 398.38 93.05 Td (months ) Tj ET Q q 0 0 0 rg BT 430.32 93.05 Td (of ) Tj ET Q q 0 0 0 rg BT 441.15 93.05 Td (2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 81.05 Td ( ) Tj ET Q q 0 0 0 rg BT 56.50 81.05 Td ( ) Tj ET Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (17) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 730.25 Td (Sponsorship, ) Tj ET Q q 0 0 0 rg BT 110.14 730.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 160.96 730.25 Td (and ) Tj ET Q q 0 0 0 rg BT 179.02 730.25 Td (brand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 706.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 106.28 706.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 143.67 706.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 184.38 706.25 Td (from ) Tj ET Q q 0 0 0 rg BT 205.66 706.25 Td (sponsorship, ) Tj ET Q q 0 0 0 rg BT 257.79 706.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 306.83 706.25 Td (agreements ) Tj ET Q q 0 0 0 rg BT 354.21 706.25 Td (and ) Tj ET Q q 0 0 0 rg BT 370.49 706.25 Td (brand ) Tj ET Q q 0 0 0 rg BT 395.11 706.25 Td (management ) Tj ET Q q 0 0 0 rg BT 448.04 706.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 485.99 706.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.26 706.25 Td (380 ) Tj ET Q q 0 0 0 rg BT 529.11 706.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.00 706.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 694.25 Td (for ) Tj ET Q q 0 0 0 rg BT 67.63 694.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.81 694.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 101.00 694.25 Td (months ) Tj ET Q q 0 0 0 rg BT 132.41 694.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 158.26 694.25 Td (September ) Tj ET Q q 0 0 0 rg BT 202.99 694.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 217.46 694.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.46 694.25 Td (, ) Tj ET Q q 0 0 0 rg BT 241.92 694.25 Td (an ) Tj ET Q q 0 0 0 rg BT 253.33 694.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 288.05 694.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.35 694.25 Td (10 ) Tj ET Q q 0 0 0 rg BT 315.32 694.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.21 694.25 Td (, ) Tj ET Q q 0 0 0 rg BT 348.68 694.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.98 694.25 Td (2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.48 694.25 Td ( ) Tj ET Q q 0 0 0 rg BT 373.44 694.25 Td (percent, ) Tj ET Q q 0 0 0 rg BT 407.33 694.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.74 694.25 Td (370 ) Tj ET Q q 0 0 0 rg BT 450.71 694.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.60 694.25 Td ( ) Tj ET Q q 0 0 0 rg BT 481.57 694.25 Td (for ) Tj ET Q q 0 0 0 rg BT 495.20 694.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.38 694.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 528.57 694.25 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 682.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 80.96 682.25 Td (September ) Tj ET Q q 0 0 0 rg BT 126.81 682.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 142.40 682.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.40 682.25 Td (. ) Tj ET Q q 0 0 0 rg BT 167.76 682.25 Td (The ) Tj ET Q q 0 0 0 rg BT 186.39 682.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 222.23 682.25 Td (was ) Tj ET Q q 0 0 0 rg BT 240.86 682.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 281.16 682.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 329.78 682.25 Td (to ) Tj ET Q q 0 0 0 rg BT 340.65 682.25 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 391.52 682.25 Td (and ) Tj ET Q q 0 0 0 rg BT 409.04 682.25 Td (a ) Tj ET Q q 0 0 0 rg BT 416.56 682.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 445.19 682.25 Td (2017 ) Tj ET Q q 0 0 0 rg BT 468.28 682.25 Td (championship ) Tj ET Q q 0 0 0 rg BT 527.47 682.25 Td (ranking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 670.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 95.92 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 106.20 670.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 131.20 670.25 Td (partially ) Tj ET Q q 0 0 0 rg BT 167.02 670.25 Td (of) Tj ET Q q 0 0 0 rg BT 175.17 670.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 192.11 670.25 Td (by ) Tj ET Q q 0 0 0 rg BT 204.61 670.25 Td (brand ) Tj ET Q q 0 0 0 rg BT 229.88 670.25 Td (related ) Tj ET Q q 0 0 0 rg BT 259.58 670.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 298.18 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 315.12 670.25 Td (negative ) Tj ET Q q 0 0 0 rg BT 351.49 670.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 382.87 670.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 420.34 670.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 460.60 670.25 Td (impact.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 646.25 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 622.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 622.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 115.75 622.25 Td (net ) Tj ET Q q 0 0 0 rg BT 130.96 622.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 169.48 622.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.89 622.25 Td (70 ) Tj ET Q q 0 0 0 rg BT 209.88 622.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.77 622.25 Td ( ) Tj ET Q q 0 0 0 rg BT 241.76 622.25 Td (for ) Tj ET Q q 0 0 0 rg BT 256.40 622.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.61 622.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 291.81 622.25 Td (months ) Tj ET Q q 0 0 0 rg BT 324.24 622.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 351.11 622.25 Td (September ) Tj ET Q q 0 0 0 rg BT 396.86 622.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 412.34 622.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.34 622.25 Td (, ) Tj ET Q q 0 0 0 rg BT 437.83 622.25 Td (an ) Tj ET Q q 0 0 0 rg BT 450.25 622.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 485.99 622.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.31 622.25 Td (10 ) Tj ET Q q 0 0 0 rg BT 515.29 622.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.18 622.25 Td (, ) Tj ET Q q 0 0 0 rg BT 549.67 622.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 610.25 Td (17.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 610.25 Td ( ) Tj ET Q q 0 0 0 rg BT 74.00 610.25 Td (percent, ) Tj ET Q q 0 0 0 rg BT 108.42 610.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.36 610.25 Td (60 ) Tj ET Q q 0 0 0 rg BT 147.86 610.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.75 610.25 Td ( ) Tj ET Q q 0 0 0 rg BT 179.25 610.25 Td (for ) Tj ET Q q 0 0 0 rg BT 193.41 610.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.13 610.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 227.85 610.25 Td (months ) Tj ET Q q 0 0 0 rg BT 259.80 610.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 286.17 610.25 Td (September ) Tj ET Q q 0 0 0 rg BT 331.44 610.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 346.44 610.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.44 610.25 Td (, ) Tj ET Q q 0 0 0 rg BT 371.44 610.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 411.15 610.25 Td (due ) Tj ET Q q 0 0 0 rg BT 428.09 610.25 Td (to ) Tj ET Q q 0 0 0 rg BT 438.37 610.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 475.85 610.25 Td (services.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 586.25 Td (Cost ) Tj ET Q q 0 0 0 rg BT 75.94 586.25 Td (of ) Tj ET Q q 0 0 0 rg BT 86.77 586.25 Td (sales) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 503.75 150.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.50 503.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 503.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 503.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 503.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 503.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 503.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 503.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 503.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 503.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 503.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 503.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 503.75 55.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 549.75 m 263.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 549.75 m 267.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 549.75 m 322.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 549.75 m 326.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 549.75 m 381.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 549.75 m 385.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 549.75 m 440.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 549.75 m 499.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 549.75 m 503.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 549.75 m 558.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 549.75 m 263.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 517.75 m 263.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 549.75 m 322.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 517.75 m 322.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 549.75 m 381.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 517.75 m 381.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 549.75 m 440.5 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 517.75 m 440.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 517.75 m 499.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 517.75 m 503.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 517.75 m 558.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 517.75 m 263.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 517.75 m 322.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 517.75 m 381.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 517.75 m 440.5 517.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 246.00 554.20 Td (For) Tj ET Q q 0 0 0 rg BT 259.83 554.20 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 392.42 554.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.40 554.20 Td (Incr) Tj ET Q q 0 0 0 rg BT 479.73 554.20 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 519.54 554.20 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 226.50 522.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.30 540.20 Td (Per) Tj ET Q q 0 0 0 rg BT 286.62 540.20 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.60 531.20 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.55 522.20 Td (r) Tj ET Q q 0 0 0 rg BT 281.38 522.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.50 522.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.30 540.20 Td (Per) Tj ET Q q 0 0 0 rg BT 404.62 540.20 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.60 531.20 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.55 522.20 Td (r) Tj ET Q q 0 0 0 rg BT 399.38 522.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.60 522.20 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.25 508.21 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 494.21 Td (Cost of sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 239.75 494.21 Td (1,224) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 298.75 494.21 Td (47.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.50 494.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.75 494.21 Td (1,252) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 416.75 494.21 Td (48.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.50 494.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 494.21 Td (\(28) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.00 494.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 494.21 Td (\(2.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 494.21 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 478.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 466.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 466.25 Td (Cost ) Tj ET Q q 0 0 0 rg BT 111.51 466.25 Td (of ) Tj ET Q q 0 0 0 rg BT 123.01 466.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 145.62 466.25 Td (for ) Tj ET Q q 0 0 0 rg BT 160.44 466.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.83 466.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 196.22 466.25 Td (months ) Tj ET Q q 0 0 0 rg BT 228.83 466.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 255.88 466.25 Td (September ) Tj ET Q q 0 0 0 rg BT 301.81 466.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 317.48 466.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.48 466.25 Td ( ) Tj ET Q q 0 0 0 rg BT 340.65 466.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.37 466.25 Td (1,224 ) Tj ET Q q 0 0 0 rg BT 390.04 466.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.93 466.25 Td (, ) Tj ET Q q 0 0 0 rg BT 424.60 466.25 Td (a ) Tj ET Q q 0 0 0 rg BT 432.21 466.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 469.79 466.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.29 466.25 Td (28 ) Tj ET Q q 0 0 0 rg BT 499.46 466.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.35 466.25 Td (, ) Tj ET Q q 0 0 0 rg BT 534.02 466.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.52 466.25 Td (2.3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 454.25 Td (percent, ) Tj ET Q q 0 0 0 rg BT 88.20 454.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.91 454.25 Td (1,252 ) Tj ET Q q 0 0 0 rg BT 139.68 454.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.57 454.25 Td ( ) Tj ET Q q 0 0 0 rg BT 170.84 454.25 Td (for ) Tj ET Q q 0 0 0 rg BT 184.77 454.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.26 454.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 218.75 454.25 Td (months ) Tj ET Q q 0 0 0 rg BT 250.47 454.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 276.62 454.25 Td (September ) Tj ET Q q 0 0 0 rg BT 321.66 454.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 336.43 454.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.43 454.25 Td (. ) Tj ET Q q 0 0 0 rg BT 360.70 454.25 Td (As ) Tj ET Q q 0 0 0 rg BT 374.08 454.25 Td (a ) Tj ET Q q 0 0 0 rg BT 380.79 454.25 Td (percentage ) Tj ET Q q 0 0 0 rg BT 426.37 454.25 Td (of ) Tj ET Q q 0 0 0 rg BT 436.97 454.25 Td (net ) Tj ET Q q 0 0 0 rg BT 451.46 454.25 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 491.77 454.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 510.15 454.25 Td (of ) Tj ET Q q 0 0 0 rg BT 520.75 454.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 542.46 454.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 442.25 Td (47.6 ) Tj ET Q q 0 0 0 rg BT 73.68 442.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.10 442.25 Td ( ) Tj ET Q q 0 0 0 rg BT 105.28 442.25 Td (for ) Tj ET Q q 0 0 0 rg BT 119.12 442.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.52 442.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 152.91 442.25 Td (months ) Tj ET Q q 0 0 0 rg BT 184.54 442.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 210.60 442.25 Td (September ) Tj ET Q q 0 0 0 rg BT 255.54 442.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 270.22 442.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.22 442.25 Td ( ) Tj ET Q q 0 0 0 rg BT 292.40 442.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 334.00 442.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.96 442.25 Td (48.7 ) Tj ET Q q 0 0 0 rg BT 363.64 442.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.06 442.25 Td ( ) Tj ET Q q 0 0 0 rg BT 395.24 442.25 Td (for ) Tj ET Q q 0 0 0 rg BT 409.08 442.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.48 442.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 442.87 442.25 Td (months ) Tj ET Q q 0 0 0 rg BT 474.50 442.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 500.56 442.25 Td (September ) Tj ET Q q 0 0 0 rg BT 545.50 442.25 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 430.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 430.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 418.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 405.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 405.05 Td (The ) Tj ET Q q 0 0 0 rg BT 109.02 405.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 146.91 405.05 Td (in ) Tj ET Q q 0 0 0 rg BT 158.16 405.05 Td (cost ) Tj ET Q q 0 0 0 rg BT 177.74 405.05 Td (of ) Tj ET Q q 0 0 0 rg BT 189.55 405.05 Td (sales ) Tj ET Q q 0 0 0 rg BT 212.46 405.05 Td (was ) Tj ET Q q 0 0 0 rg BT 231.49 405.05 Td (primarily ) Tj ET Q q 0 0 0 rg BT 272.17 405.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 321.18 405.05 Td (to ) Tj ET Q q 0 0 0 rg BT 332.44 405.05 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 345.35 405.05 Td (a ) Tj ET Q q 0 0 0 rg BT 353.26 405.05 Td (decrease ) Tj ET Q q 0 0 0 rg BT 391.15 405.05 Td (of ) Tj ET Q q 0 0 0 rg BT 402.95 405.05 Td (79) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 417.95 405.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.78 405.05 Td (million ) Tj ET Q q 0 0 0 rg BT 454.14 405.05 Td (driven ) Tj ET Q q 0 0 0 rg BT 483.16 405.05 Td (by ) Tj ET Q q 0 0 0 rg BT 496.64 405.05 Td (lower ) Tj ET Q q 0 0 0 rg BT 522.88 405.05 Td (costs ) Tj ET Q q 0 0 0 rg BT 546.35 405.05 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 393.05 Td (supporting ) Tj ET Q q 0 0 0 rg BT 99.14 393.05 Td (activities, ) Tj ET Q q 0 0 0 rg BT 140.10 393.05 Td (including ) Tj ET Q q 0 0 0 rg BT 180.24 393.05 Td (lower ) Tj ET Q q 0 0 0 rg BT 205.37 393.05 Td (engine ) Tj ET Q q 0 0 0 rg BT 234.39 393.05 Td (volumes, ) Tj ET Q q 0 0 0 rg BT 273.13 393.05 Td (as ) Tj ET Q q 0 0 0 rg BT 283.83 393.05 Td (well ) Tj ET Q q 0 0 0 rg BT 303.41 393.05 Td (as ) Tj ET Q q 0 0 0 rg BT 314.10 393.05 Td (lower ) Tj ET Q q 0 0 0 rg BT 339.23 393.05 Td (accruals ) Tj ET Q q 0 0 0 rg BT 374.35 393.05 Td (for ) Tj ET Q q 0 0 0 rg BT 388.37 393.05 Td (warranty ) Tj ET Q q 0 0 0 rg BT 426.27 393.05 Td (provisions, ) Tj ET Q q 0 0 0 rg BT 472.80 393.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 508.48 393.05 Td (of) Tj ET Q q 0 0 0 rg BT 516.63 393.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 533.43 393.05 Td (by ) Tj ET Q q 0 0 0 rg BT 545.79 393.05 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 379.85 Td (an ) Tj ET Q q 0 0 0 rg BT 65.94 379.85 Td (increase ) Tj ET Q q 0 0 0 rg BT 101.19 379.85 Td (in ) Tj ET Q q 0 0 0 rg BT 111.47 379.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 133.97 379.85 Td (of ) Tj ET Q q 0 0 0 rg BT 144.80 379.85 Td (51) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 159.80 379.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.55 379.85 Td (million ) Tj ET Q q 0 0 0 rg BT 193.94 379.85 Td (driven ) Tj ET Q q 0 0 0 rg BT 221.99 379.85 Td (by ) Tj ET Q q 0 0 0 rg BT 234.49 379.85 Td (an ) Tj ET Q q 0 0 0 rg BT 246.43 379.85 Td (increase ) Tj ET Q q 0 0 0 rg BT 281.68 379.85 Td (in ) Tj ET Q q 0 0 0 rg BT 291.96 379.85 Td (volumes ) Tj ET Q q 0 0 0 rg BT 328.35 379.85 Td (and ) Tj ET Q q 0 0 0 rg BT 345.29 379.85 Td (mix, ) Tj ET Q q 0 0 0 rg BT 365.84 379.85 Td (amortization ) Tj ET Q q 0 0 0 rg BT 418.88 379.85 Td (and ) Tj ET Q q 0 0 0 rg BT 435.82 379.85 Td (depreciation.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 355.85 Td (Selling, ) Tj ET Q q 0 0 0 rg BT 87.90 355.85 Td (general ) Tj ET Q q 0 0 0 rg BT 122.05 355.85 Td (and ) Tj ET Q q 0 0 0 rg BT 140.67 355.85 Td (administrative ) Tj ET Q q 0 0 0 rg BT 205.39 355.85 Td (costs) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 285.35 150.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.50 285.35 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 285.35 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 285.35 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 285.35 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 285.35 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 285.35 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 285.35 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 285.35 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 285.35 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 285.35 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 285.35 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 285.35 55.00 -23.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 331.35 m 263.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 331.35 m 267.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 331.35 m 322.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 331.35 m 326.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 331.35 m 381.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 331.35 m 385.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 331.35 m 440.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 331.35 m 499.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 331.35 m 503.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 331.35 m 558.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 331.35 m 263.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 299.35 m 263.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 331.35 m 322.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 299.35 m 322.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 331.35 m 381.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 299.35 m 381.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 331.35 m 440.5 331.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 299.35 m 440.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 299.35 m 499.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 299.35 m 503.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 299.35 m 558.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 299.35 m 263.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 299.35 m 322.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 299.35 m 381.5 299.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 299.35 m 440.5 299.35 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 246.00 335.80 Td (For) Tj ET Q q 0 0 0 rg BT 259.83 335.80 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 392.42 335.80 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.40 335.80 Td (Incr) Tj ET Q q 0 0 0 rg BT 479.73 335.80 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 519.54 335.80 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 226.50 303.80 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.30 321.80 Td (Per) Tj ET Q q 0 0 0 rg BT 286.62 321.80 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.60 312.80 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.55 303.80 Td (r) Tj ET Q q 0 0 0 rg BT 281.38 303.80 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.50 303.80 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.30 321.80 Td (Per) Tj ET Q q 0 0 0 rg BT 404.62 321.80 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.60 312.80 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.55 303.80 Td (r) Tj ET Q q 0 0 0 rg BT 399.38 303.80 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.60 303.80 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.25 289.81 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 275.81 Td (Selling, general and administrative ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 266.81 Td (costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 246.50 266.81 Td (240) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 303.25 266.81 Td (9.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.50 266.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 266.81 Td (255) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 421.25 266.81 Td (9.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.50 266.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 266.81 Td (\(15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.00 266.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 266.81 Td (\(5.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 266.81 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 231.85 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 231.85 Td (Selling, ) Tj ET Q q 0 0 0 rg BT 123.00 231.85 Td (general ) Tj ET Q q 0 0 0 rg BT 154.58 231.85 Td (and ) Tj ET Q q 0 0 0 rg BT 171.18 231.85 Td (administrative ) Tj ET Q q 0 0 0 rg BT 230.55 231.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 252.71 231.85 Td (for ) Tj ET Q q 0 0 0 rg BT 266.54 231.85 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.92 231.85 Td (nine ) Tj ET Q q 0 0 0 rg BT 300.29 231.85 Td (months ) Tj ET Q q 0 0 0 rg BT 331.91 231.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 357.94 231.85 Td (September ) Tj ET Q q 0 0 0 rg BT 402.87 231.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 417.53 231.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.53 231.85 Td ( ) Tj ET Q q 0 0 0 rg BT 439.69 231.85 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.29 231.85 Td (240 ) Tj ET Q q 0 0 0 rg BT 483.45 231.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.34 231.85 Td (, ) Tj ET Q q 0 0 0 rg BT 517.00 231.85 Td (a ) Tj ET Q q 0 0 0 rg BT 523.60 231.85 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 219.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.10 219.85 Td (15 ) Tj ET Q q 0 0 0 rg BT 80.87 219.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 219.85 Td (, ) Tj ET Q q 0 0 0 rg BT 114.04 219.85 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.14 219.85 Td (5.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.64 219.85 Td ( ) Tj ET Q q 0 0 0 rg BT 138.41 219.85 Td (percent, ) Tj ET Q q 0 0 0 rg BT 172.10 219.85 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.31 219.85 Td (255 ) Tj ET Q q 0 0 0 rg BT 215.09 219.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.98 219.85 Td ( ) Tj ET Q q 0 0 0 rg BT 245.75 219.85 Td (for ) Tj ET Q q 0 0 0 rg BT 259.18 219.85 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.17 219.85 Td (nine ) Tj ET Q q 0 0 0 rg BT 292.16 219.85 Td (months ) Tj ET Q q 0 0 0 rg BT 323.38 219.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 349.03 219.85 Td (September ) Tj ET Q q 0 0 0 rg BT 393.56 219.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 407.83 219.85 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.83 219.85 Td (. ) Tj ET Q q 0 0 0 rg BT 431.71 219.85 Td (As ) Tj ET Q q 0 0 0 rg BT 444.60 219.85 Td (a ) Tj ET Q q 0 0 0 rg BT 450.81 219.85 Td (percentage ) Tj ET Q q 0 0 0 rg BT 495.88 219.85 Td (of ) Tj ET Q q 0 0 0 rg BT 505.98 219.85 Td (net ) Tj ET Q q 0 0 0 rg BT 519.97 219.85 Td (revenues, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 207.85 Td (selling, ) Tj ET Q q 0 0 0 rg BT 84.93 207.85 Td (general ) Tj ET Q q 0 0 0 rg BT 116.13 207.85 Td (and ) Tj ET Q q 0 0 0 rg BT 132.33 207.85 Td (administrative ) Tj ET Q q 0 0 0 rg BT 191.31 207.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 213.08 207.85 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.28 207.85 Td (9.3 ) Tj ET Q q 0 0 0 rg BT 248.55 207.85 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.97 207.85 Td ( ) Tj ET Q q 0 0 0 rg BT 279.74 207.85 Td (for ) Tj ET Q q 0 0 0 rg BT 293.17 207.85 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 207.85 Td (nine ) Tj ET Q q 0 0 0 rg BT 326.14 207.85 Td (months ) Tj ET Q q 0 0 0 rg BT 357.36 207.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 383.00 207.85 Td (September ) Tj ET Q q 0 0 0 rg BT 427.54 207.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 441.81 207.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.81 207.85 Td ( ) Tj ET Q q 0 0 0 rg BT 463.57 207.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 504.77 207.85 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.31 207.85 Td (9.9 ) Tj ET Q q 0 0 0 rg BT 528.58 207.85 Td (percent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 195.85 Td (for ) Tj ET Q q 0 0 0 rg BT 68.16 195.85 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.88 195.85 Td (nine ) Tj ET Q q 0 0 0 rg BT 102.59 195.85 Td (months ) Tj ET Q q 0 0 0 rg BT 134.54 195.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 160.92 195.85 Td (September ) Tj ET Q q 0 0 0 rg BT 206.18 195.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 221.18 195.85 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.18 195.85 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 171.85 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 171.85 Td (The ) Tj ET Q q 0 0 0 rg BT 108.47 171.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 145.81 171.85 Td (in ) Tj ET Q q 0 0 0 rg BT 156.52 171.85 Td (selling, ) Tj ET Q q 0 0 0 rg BT 188.61 171.85 Td (general ) Tj ET Q q 0 0 0 rg BT 220.96 171.85 Td (and ) Tj ET Q q 0 0 0 rg BT 238.32 171.85 Td (administrative ) Tj ET Q q 0 0 0 rg BT 298.46 171.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 321.38 171.85 Td (was ) Tj ET Q q 0 0 0 rg BT 339.86 171.85 Td (primarily ) Tj ET Q q 0 0 0 rg BT 380.00 171.85 Td (attributable ) Tj ET Q q 0 0 0 rg BT 428.46 171.85 Td (to ) Tj ET Q q 0 0 0 rg BT 439.17 171.85 Td (the ) Tj ET Q q 0 0 0 rg BT 454.31 171.85 Td (ef) Tj ET Q q 0 0 0 rg BT 461.90 171.85 Td (fect ) Tj ET Q q 0 0 0 rg BT 479.81 171.85 Td (of ) Tj ET Q q 0 0 0 rg BT 491.07 171.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 513.99 171.85 Td (incurred ) Tj ET Q q 0 0 0 rg BT 550.23 171.85 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 159.85 Td (2017 ) Tj ET Q q 0 0 0 rg BT 76.50 159.85 Td (related ) Tj ET Q q 0 0 0 rg BT 106.20 159.85 Td (to ) Tj ET Q q 0 0 0 rg BT 116.48 159.85 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 158.42 159.85 Td (for ) Tj ET Q q 0 0 0 rg BT 172.58 159.85 Td (Ferrari) Tj ET Q q 0 0 0 rg BT 202.56 159.85 Td (s ) Tj ET Q q 0 0 0 rg BT 208.96 159.85 Td (70th ) Tj ET Q q 0 0 0 rg BT 229.23 159.85 Td (anniversary) Tj ET Q q 0 0 0 rg BT 275.23 159.85 Td (. ) Tj ET Q endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 742.25 Td (Resear) Tj ET Q q 0 0 0 rg BT 83.25 742.25 Td (ch and development costs) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 671.75 150.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.50 671.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 671.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 671.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 671.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 671.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 671.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 671.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 671.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 671.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 671.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 671.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 671.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 625.75 150.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.50 625.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 625.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 625.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 625.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 625.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 625.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 625.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 625.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 625.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 625.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 625.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 625.75 55.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 717.75 m 263.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 717.75 m 267.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 717.75 m 322.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 717.75 m 326.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 717.75 m 381.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 717.75 m 385.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 717.75 m 440.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 717.75 m 499.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 717.75 m 503.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 717.75 m 558.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 717.75 m 263.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 685.75 m 263.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 717.75 m 322.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 685.75 m 322.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 717.75 m 381.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 685.75 m 381.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 717.75 m 440.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 685.75 m 440.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 685.75 m 499.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 685.75 m 503.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 685.75 m 558.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 685.75 m 263.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 685.75 m 322.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 685.75 m 381.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 685.75 m 440.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 625.75 m 263.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 612.75 m 263.5 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 610.75 m 263.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 625.75 m 322.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 612.75 m 322.5 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 610.75 m 322.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 625.75 m 381.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 612.75 m 381.5 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 610.75 m 381.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 625.75 m 440.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 612.75 m 440.5 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 610.75 m 440.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 625.75 m 499.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 612.75 m 499.5 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 610.75 m 499.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 625.75 m 558.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 612.75 m 558.5 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 610.75 m 558.5 610.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 246.00 722.20 Td (For) Tj ET Q q 0 0 0 rg BT 259.83 722.20 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 392.42 722.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.40 722.20 Td (Incr) Tj ET Q q 0 0 0 rg BT 479.73 722.20 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 519.54 722.20 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 226.50 690.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.30 708.20 Td (Per) Tj ET Q q 0 0 0 rg BT 286.62 708.20 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.60 699.20 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.55 690.20 Td (r) Tj ET Q q 0 0 0 rg BT 281.38 690.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.50 690.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.30 708.20 Td (Per) Tj ET Q q 0 0 0 rg BT 404.62 708.20 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.60 699.20 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.55 690.20 Td (r) Tj ET Q q 0 0 0 rg BT 399.38 690.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.60 690.20 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.25 676.21 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 662.21 Td (Research and development costs ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 653.21 Td (expensed during the period) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 246.50 653.21 Td (397) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 297.25 653.21 Td (15.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.50 653.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 653.21 Td (404) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.25 653.21 Td (15.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.50 653.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 653.21 Td (\(7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.00 653.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.25 653.21 Td (\(1.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 653.21 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 639.21 Td (Amortization of capitalized ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 630.21 Td (development costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 251.00 630.21 Td (85) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 301.75 630.21 Td (3.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.50 630.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.00 630.21 Td (78) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.75 630.21 Td (3.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.50 630.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.50 630.21 Td (7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 536.25 630.21 Td (8.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 630.21 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 616.20 Td (Resear) Tj ET Q q 0 0 0 rg BT 83.32 616.20 Td (ch and development costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 246.50 616.20 Td (482) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 297.25 616.20 Td (18.7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.00 616.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.50 616.20 Td (482) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.25 616.20 Td (18.7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 616.20 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 616.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 538.50 616.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.00 616.20 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 600.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 588.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 588.25 Td (Research ) Tj ET Q q 0 0 0 rg BT 128.62 588.25 Td (and ) Tj ET Q q 0 0 0 rg BT 145.04 588.25 Td (development ) Tj ET Q q 0 0 0 rg BT 198.67 588.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 220.65 588.25 Td (for ) Tj ET Q q 0 0 0 rg BT 234.29 588.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.49 588.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 267.68 588.25 Td (months ) Tj ET Q q 0 0 0 rg BT 299.11 588.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 324.96 588.25 Td (September ) Tj ET Q q 0 0 0 rg BT 369.71 588.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 384.19 588.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.19 588.25 Td ( ) Tj ET Q q 0 0 0 rg BT 406.17 588.25 Td (and ) Tj ET Q q 0 0 0 rg BT 422.58 588.25 Td (the ) Tj ET Q q 0 0 0 rg BT 436.78 588.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.76 588.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 457.95 588.25 Td (months ) Tj ET Q q 0 0 0 rg BT 489.38 588.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 515.24 588.25 Td (September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 576.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 69.35 576.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.35 576.25 Td ( ) Tj ET Q q 0 0 0 rg BT 92.20 576.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.48 576.25 Td (482 ) Tj ET Q q 0 0 0 rg BT 137.33 576.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.23 576.25 Td (. ) Tj ET Q q 0 0 0 rg BT 170.95 576.25 Td (As ) Tj ET Q q 0 0 0 rg BT 184.91 576.25 Td (a ) Tj ET Q q 0 0 0 rg BT 192.20 576.25 Td (percentage ) Tj ET Q q 0 0 0 rg BT 238.36 576.25 Td (of ) Tj ET Q q 0 0 0 rg BT 249.54 576.25 Td (net ) Tj ET Q q 0 0 0 rg BT 264.61 576.25 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 305.49 576.25 Td (research ) Tj ET Q q 0 0 0 rg BT 341.65 576.25 Td (and ) Tj ET Q q 0 0 0 rg BT 358.94 576.25 Td (development ) Tj ET Q q 0 0 0 rg BT 413.44 576.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 436.30 576.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.58 576.25 Td (18.7 ) Tj ET Q q 0 0 0 rg BT 478.93 576.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.35 576.25 Td ( ) Tj ET Q q 0 0 0 rg BT 511.20 576.25 Td (for ) Tj ET Q q 0 0 0 rg BT 525.71 576.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.78 576.25 Td (nine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 564.25 Td (months ) Tj ET Q q 0 0 0 rg BT 85.95 564.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 112.33 564.25 Td (September ) Tj ET Q q 0 0 0 rg BT 157.59 564.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 172.59 564.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.59 564.25 Td ( ) Tj ET Q q 0 0 0 rg BT 195.09 564.25 Td (and ) Tj ET Q q 0 0 0 rg BT 212.03 564.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.74 564.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 246.46 564.25 Td (months ) Tj ET Q q 0 0 0 rg BT 278.41 564.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 304.79 564.25 Td (September ) Tj ET Q q 0 0 0 rg BT 350.05 564.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 365.05 564.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.05 564.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 552.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 540.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 540.25 Td (Higher ) Tj ET Q q 0 0 0 rg BT 120.68 540.25 Td (research ) Tj ET Q q 0 0 0 rg BT 156.89 540.25 Td (and ) Tj ET Q q 0 0 0 rg BT 174.24 540.25 Td (development ) Tj ET Q q 0 0 0 rg BT 228.80 540.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 251.71 540.25 Td (to ) Tj ET Q q 0 0 0 rg BT 262.40 540.25 Td (support ) Tj ET Q q 0 0 0 rg BT 295.31 540.25 Td (product ) Tj ET Q q 0 0 0 rg BT 328.76 540.25 Td (range ) Tj ET Q q 0 0 0 rg BT 353.88 540.25 Td (and ) Tj ET Q q 0 0 0 rg BT 371.23 540.25 Td (components ) Tj ET Q q 0 0 0 rg BT 422.46 540.25 Td (innovation ) Tj ET Q q 0 0 0 rg BT 468.14 540.25 Td (for ) Tj ET Q q 0 0 0 rg BT 482.71 540.25 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 511.73 540.25 Td (technology) Tj ET Q q 0 0 0 rg BT 555.51 540.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 528.25 Td (were ) Tj ET Q q 0 0 0 rg BT 75.93 528.25 Td (substantially ) Tj ET Q q 0 0 0 rg BT 128.98 528.25 Td (of) Tj ET Q q 0 0 0 rg BT 137.13 528.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 154.07 528.25 Td (by ) Tj ET Q q 0 0 0 rg BT 166.57 528.25 Td (lower ) Tj ET Q q 0 0 0 rg BT 191.84 528.25 Td (research ) Tj ET Q q 0 0 0 rg BT 227.64 528.25 Td (and ) Tj ET Q q 0 0 0 rg BT 244.58 528.25 Td (development ) Tj ET Q q 0 0 0 rg BT 298.73 528.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 321.23 528.25 Td (for ) Tj ET Q q 0 0 0 rg BT 335.39 528.25 Td (Formula ) Tj ET Q q 0 0 0 rg BT 371.78 528.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 379.28 528.25 Td (activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 516.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 504.25 Td (Other) Tj ET Q q 0 0 0 rg BT 79.37 504.25 Td ( expenses, net) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 432.75 209.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 432.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 432.75 70.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 432.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 432.75 70.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 432.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 432.75 70.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 432.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 432.75 69.00 -17.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 473.75 m 337.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 473.75 m 341.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 473.75 m 411.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 473.75 m 485.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 473.75 m 489.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 473.75 m 558.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 473.75 m 337.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 445.75 m 337.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 473.75 m 411.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 445.75 m 411.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 445.75 m 485.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 445.75 m 489.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 445.75 m 558.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 445.75 m 337.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 445.75 m 411.5 445.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.55 485.15 Td (For) Tj ET Q q 0 0 0 rg BT 303.38 485.15 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.55 476.20 Td (September) Tj ET Q q 0 0 0 rg BT 354.88 476.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.90 478.20 Td (Incr) Tj ET Q q 0 0 0 rg BT 465.23 478.20 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 505.04 478.20 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.00 450.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.00 450.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.10 450.20 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.75 437.01 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 420.21 Td (Other expenses, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.00 420.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.50 420.21 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.50 420.21 Td (\(9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 420.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.95 420.21 Td (n.m.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 391.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 391.05 Td (Other ) Tj ET Q q 0 0 0 rg BT 115.17 391.05 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 156.16 391.05 Td (net ) Tj ET Q q 0 0 0 rg BT 170.78 391.05 Td (for ) Tj ET Q q 0 0 0 rg BT 184.83 391.05 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.45 391.05 Td (nine ) Tj ET Q q 0 0 0 rg BT 219.06 391.05 Td (months ) Tj ET Q q 0 0 0 rg BT 250.91 391.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 277.18 391.05 Td (September ) Tj ET Q q 0 0 0 rg BT 322.34 391.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 337.24 391.05 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.24 391.05 Td ( ) Tj ET Q q 0 0 0 rg BT 359.64 391.05 Td (included ) Tj ET Q q 0 0 0 rg BT 396.47 391.05 Td (other ) Tj ET Q q 0 0 0 rg BT 419.41 391.05 Td (income ) Tj ET Q q 0 0 0 rg BT 451.25 391.05 Td (of ) Tj ET Q q 0 0 0 rg BT 461.97 391.05 Td (13) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 476.97 391.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.61 391.05 Td (million, ) Tj ET Q q 0 0 0 rg BT 513.40 391.05 Td (mainly ) Tj ET Q q 0 0 0 rg BT 543.57 391.05 Td (due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 379.05 Td (to ) Tj ET Q q 0 0 0 rg BT 64.79 379.05 Td (a ) Tj ET Q q 0 0 0 rg BT 72.25 379.05 Td (pronouncement ) Tj ET Q q 0 0 0 rg BT 137.47 379.05 Td (on ) Tj ET Q q 0 0 0 rg BT 150.49 379.05 Td (a ) Tj ET Q q 0 0 0 rg BT 157.94 379.05 Td (prior ) Tj ET Q q 0 0 0 rg BT 180.40 379.05 Td (year's ) Tj ET Q q 0 0 0 rg BT 206.31 379.05 Td (legal ) Tj ET Q q 0 0 0 rg BT 228.76 379.05 Td (dispute, ) Tj ET Q q 0 0 0 rg BT 263.17 379.05 Td (and ) Tj ET Q q 0 0 0 rg BT 280.62 379.05 Td (to ) Tj ET Q q 0 0 0 rg BT 291.42 379.05 Td (a ) Tj ET Q q 0 0 0 rg BT 298.87 379.05 Td (lesser ) Tj ET Q q 0 0 0 rg BT 324.66 379.05 Td (extent ) Tj ET Q q 0 0 0 rg BT 352.11 379.05 Td (rental ) Tj ET Q q 0 0 0 rg BT 377.89 379.05 Td (income ) Tj ET Q q 0 0 0 rg BT 410.34 379.05 Td (and ) Tj ET Q q 0 0 0 rg BT 427.79 379.05 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 487.46 379.05 Td (income, ) Tj ET Q q 0 0 0 rg BT 522.41 379.05 Td (of) Tj ET Q q 0 0 0 rg BT 530.56 379.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 548.01 379.05 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 365.85 Td (other ) Tj ET Q q 0 0 0 rg BT 77.05 365.85 Td (expenses ) Tj ET Q q 0 0 0 rg BT 115.65 365.85 Td (of ) Tj ET Q q 0 0 0 rg BT 126.48 365.85 Td (13) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 141.48 365.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.23 365.85 Td (million, ) Tj ET Q q 0 0 0 rg BT 178.12 365.85 Td (mainly ) Tj ET Q q 0 0 0 rg BT 208.39 365.85 Td (related ) Tj ET Q q 0 0 0 rg BT 238.09 365.85 Td (to ) Tj ET Q q 0 0 0 rg BT 248.37 365.85 Td (indirect ) Tj ET Q q 0 0 0 rg BT 281.41 365.85 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 306.96 365.85 Td (accruals ) Tj ET Q q 0 0 0 rg BT 342.21 365.85 Td (for ) Tj ET Q q 0 0 0 rg BT 356.37 365.85 Td (provisions ) Tj ET Q q 0 0 0 rg BT 400.54 365.85 Td (and ) Tj ET Q q 0 0 0 rg BT 417.48 365.85 Td (other ) Tj ET Q q 0 0 0 rg BT 440.53 365.85 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 499.68 365.85 Td (expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 353.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 341.85 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 341.85 Td (Other ) Tj ET Q q 0 0 0 rg BT 115.78 341.85 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 157.39 341.85 Td (net ) Tj ET Q q 0 0 0 rg BT 172.61 341.85 Td (for ) Tj ET Q q 0 0 0 rg BT 187.29 341.85 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.51 341.85 Td (nine ) Tj ET Q q 0 0 0 rg BT 222.74 341.85 Td (months ) Tj ET Q q 0 0 0 rg BT 255.20 341.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 282.08 341.85 Td (September ) Tj ET Q q 0 0 0 rg BT 327.86 341.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 343.37 341.85 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.37 341.85 Td ( ) Tj ET Q q 0 0 0 rg BT 366.38 341.85 Td (included ) Tj ET Q q 0 0 0 rg BT 403.82 341.85 Td (other ) Tj ET Q q 0 0 0 rg BT 427.38 341.85 Td (expenses ) Tj ET Q q 0 0 0 rg BT 466.49 341.85 Td (of ) Tj ET Q q 0 0 0 rg BT 477.83 341.85 Td (15 ) Tj ET Q q 0 0 0 rg BT 495.84 341.85 Td (million, ) Tj ET Q q 0 0 0 rg BT 530.24 341.85 Td (mainly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 329.85 Td (related ) Tj ET Q q 0 0 0 rg BT 83.76 329.85 Td (to ) Tj ET Q q 0 0 0 rg BT 94.10 329.85 Td (provisions, ) Tj ET Q q 0 0 0 rg BT 140.83 329.85 Td (indirect ) Tj ET Q q 0 0 0 rg BT 173.93 329.85 Td (taxes ) Tj ET Q q 0 0 0 rg BT 197.03 329.85 Td (and ) Tj ET Q q 0 0 0 rg BT 214.03 329.85 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 273.24 329.85 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 314.40 329.85 Td (partially ) Tj ET Q q 0 0 0 rg BT 350.27 329.85 Td (of) Tj ET Q q 0 0 0 rg BT 358.42 329.85 Td (fset ) Tj ET Q q 0 0 0 rg BT 375.42 329.85 Td (by ) Tj ET Q q 0 0 0 rg BT 387.98 329.85 Td (other ) Tj ET Q q 0 0 0 rg BT 411.08 329.85 Td (income ) Tj ET Q q 0 0 0 rg BT 443.08 329.85 Td (of ) Tj ET Q q 0 0 0 rg BT 453.97 329.85 Td (6 ) Tj ET Q q 0 0 0 rg BT 466.52 329.85 Td (million, ) Tj ET Q q 0 0 0 rg BT 500.47 329.85 Td (mainly ) Tj ET Q q 0 0 0 rg BT 530.81 329.85 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 317.85 Td (to ) Tj ET Q q 0 0 0 rg BT 64.28 317.85 Td (rental ) Tj ET Q q 0 0 0 rg BT 89.54 317.85 Td (income, ) Tj ET Q q 0 0 0 rg BT 123.98 317.85 Td (gains ) Tj ET Q q 0 0 0 rg BT 147.58 317.85 Td (on ) Tj ET Q q 0 0 0 rg BT 160.08 317.85 Td (disposal ) Tj ET Q q 0 0 0 rg BT 195.36 317.85 Td (of ) Tj ET Q q 0 0 0 rg BT 206.19 317.85 Td (property) Tj ET Q q 0 0 0 rg BT 239.42 317.85 Td (, ) Tj ET Q q 0 0 0 rg BT 244.42 317.85 Td (plant ) Tj ET Q q 0 0 0 rg BT 266.92 317.85 Td (and ) Tj ET Q q 0 0 0 rg BT 283.85 317.85 Td (equipment ) Tj ET Q q 0 0 0 rg BT 328.57 317.85 Td (and ) Tj ET Q q 0 0 0 rg BT 345.50 317.85 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 404.65 317.85 Td (income.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 293.85 Td (EBIT) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 223.35 150.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.50 223.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 223.35 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 223.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 223.35 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 223.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 223.35 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 223.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 223.35 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 223.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 223.35 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 223.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 223.35 55.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 269.35 m 263.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 269.35 m 267.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 269.35 m 322.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 269.35 m 326.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 269.35 m 381.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 269.35 m 385.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 269.35 m 440.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 269.35 m 499.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 269.35 m 503.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 269.35 m 558.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 269.35 m 263.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 237.35000000000002 m 263.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 269.35 m 322.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 237.35000000000002 m 322.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 269.35 m 381.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 237.35000000000002 m 381.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 269.35 m 440.5 269.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 237.35000000000002 m 440.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 237.35000000000002 m 499.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 237.35000000000002 m 503.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 237.35000000000002 m 558.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 237.35000000000002 m 263.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 237.35000000000002 m 322.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 237.35000000000002 m 381.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 237.35000000000002 m 440.5 237.35000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 246.00 273.80 Td (For) Tj ET Q q 0 0 0 rg BT 259.83 273.80 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 392.42 273.80 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.40 273.80 Td (Incr) Tj ET Q q 0 0 0 rg BT 479.73 273.80 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 519.54 273.80 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 226.50 241.80 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.30 259.80 Td (Per) Tj ET Q q 0 0 0 rg BT 286.62 259.80 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.60 250.80 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.55 241.80 Td (r) Tj ET Q q 0 0 0 rg BT 281.38 241.80 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.50 241.80 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.30 259.80 Td (Per) Tj ET Q q 0 0 0 rg BT 404.62 259.80 Td (centage ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.60 250.80 Td (of net ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.55 241.80 Td (r) Tj ET Q q 0 0 0 rg BT 399.38 241.80 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.60 241.80 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.25 227.81 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 213.81 Td (EBIT) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 246.50 213.81 Td (631) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 298.75 213.81 Td (24.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.50 213.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 213.81 Td (581) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 416.75 213.81 Td (22.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.50 213.81 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 487.00 213.81 Td (50) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 539.25 213.81 Td (8.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 213.81 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 178.85 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 178.85 Td (EBIT) Tj ET Q q 0 0 0 rg BT 112.04 178.85 Td ( ) Tj ET Q q 0 0 0 rg BT 114.05 178.85 Td (for ) Tj ET Q q 0 0 0 rg BT 127.72 178.85 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.95 178.85 Td (nine ) Tj ET Q q 0 0 0 rg BT 161.18 178.85 Td (months ) Tj ET Q q 0 0 0 rg BT 192.64 178.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 218.53 178.85 Td (September ) Tj ET Q q 0 0 0 rg BT 263.30 178.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 277.81 178.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.81 178.85 Td ( ) Tj ET Q q 0 0 0 rg BT 299.82 178.85 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.39 178.85 Td (631 ) Tj ET Q q 0 0 0 rg BT 339.40 178.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.29 178.85 Td (, ) Tj ET Q q 0 0 0 rg BT 372.80 178.85 Td (an ) Tj ET Q q 0 0 0 rg BT 384.25 178.85 Td (increase ) Tj ET Q q 0 0 0 rg BT 419.02 178.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.36 178.85 Td (50 ) Tj ET Q q 0 0 0 rg BT 446.37 178.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.26 178.85 Td (, ) Tj ET Q q 0 0 0 rg BT 479.78 178.85 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.12 178.85 Td (8.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.62 178.85 Td ( ) Tj ET Q q 0 0 0 rg BT 504.63 178.85 Td (percent, ) Tj ET Q q 0 0 0 rg BT 538.56 178.85 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 166.85 Td (581 ) Tj ET Q q 0 0 0 rg BT 76.50 166.85 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.39 166.85 Td ( ) Tj ET Q q 0 0 0 rg BT 107.89 166.85 Td (for ) Tj ET Q q 0 0 0 rg BT 122.05 166.85 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.77 166.85 Td (nine ) Tj ET Q q 0 0 0 rg BT 156.49 166.85 Td (months ) Tj ET Q q 0 0 0 rg BT 188.43 166.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 214.81 166.85 Td (September ) Tj ET Q q 0 0 0 rg BT 260.07 166.85 Td (30, ) Tj ET Q q 0 0 0 rg BT 275.07 166.85 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.07 166.85 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 141.65 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 141.65 Td (The ) Tj ET Q q 0 0 0 rg BT 107.79 141.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 142.78 141.65 Td (in ) Tj ET Q q 0 0 0 rg BT 152.80 141.65 Td (EBIT) Tj ET Q q 0 0 0 rg BT 174.83 141.65 Td ( ) Tj ET Q q 0 0 0 rg BT 177.07 141.65 Td (was ) Tj ET Q q 0 0 0 rg BT 194.86 141.65 Td (primarily ) Tj ET Q q 0 0 0 rg BT 234.31 141.65 Td (attributable ) Tj ET Q q 0 0 0 rg BT 282.09 141.65 Td (to ) Tj ET Q q 0 0 0 rg BT 292.10 141.65 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 303.78 141.65 Td (positive ) Tj ET Q q 0 0 0 rg BT 337.69 141.65 Td (volume ) Tj ET Q q 0 0 0 rg BT 369.92 141.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 399.37 141.65 Td (of ) Tj ET Q q 0 0 0 rg BT 409.94 141.65 Td (59) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 424.94 141.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.40 141.65 Td (million, ) Tj ET Q q 0 0 0 rg BT 461.03 141.65 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 475.49 141.65 Td (a ) Tj ET Q q 0 0 0 rg BT 482.17 141.65 Td (decrease ) Tj ET Q q 0 0 0 rg BT 518.82 141.65 Td (in ) Tj ET Q q 0 0 0 rg BT 528.83 141.65 Td (selling, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 128.45 Td (general ) Tj ET Q q 0 0 0 rg BT 85.32 128.45 Td (and ) Tj ET Q q 0 0 0 rg BT 101.66 128.45 Td (administrative ) Tj ET Q q 0 0 0 rg BT 160.77 128.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 182.67 128.45 Td (of ) Tj ET Q q 0 0 0 rg BT 192.90 128.45 Td (15) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 207.90 128.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.99 128.45 Td (million, ) Tj ET Q q 0 0 0 rg BT 243.28 128.45 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 260.17 128.45 Td (positive ) Tj ET Q q 0 0 0 rg BT 293.74 128.45 Td (product ) Tj ET Q q 0 0 0 rg BT 326.18 128.45 Td (mix ) Tj ET Q q 0 0 0 rg BT 343.64 128.45 Td (and ) Tj ET Q q 0 0 0 rg BT 359.98 128.45 Td (pricing ) Tj ET Q q 0 0 0 rg BT 390.20 128.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 419.31 128.45 Td (of ) Tj ET Q q 0 0 0 rg BT 429.54 128.45 Td (1) Tj ET Q q 0 0 0 rg BT 439.17 128.45 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.17 128.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.26 128.45 Td (million, ) Tj ET Q q 0 0 0 rg BT 479.55 128.45 Td (and ) Tj ET Q q 0 0 0 rg BT 495.89 128.45 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 512.23 128.45 Td (54 ) Tj ET Q q 0 0 0 rg BT 529.13 128.45 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 116.45 Td (of ) Tj ET Q q 0 0 0 rg BT 65.73 116.45 Td (positive ) Tj ET Q q 0 0 0 rg BT 100.80 116.45 Td (contribution ) Tj ET Q q 0 0 0 rg BT 153.08 116.45 Td (from ) Tj ET Q q 0 0 0 rg BT 175.92 116.45 Td (other ) Tj ET Q q 0 0 0 rg BT 199.87 116.45 Td (supporting ) Tj ET Q q 0 0 0 rg BT 246.05 116.45 Td (activities, ) Tj ET Q q 0 0 0 rg BT 288.05 116.45 Td (partially ) Tj ET Q q 0 0 0 rg BT 324.77 116.45 Td (of) Tj ET Q q 0 0 0 rg BT 332.92 116.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 350.76 116.45 Td (by ) Tj ET Q q 0 0 0 rg BT 364.16 116.45 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 379.22 116.45 Td (negative ) Tj ET Q q 0 0 0 rg BT 416.49 116.45 Td (foreign ) Tj ET Q q 0 0 0 rg BT 448.77 116.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 487.14 116.45 Td (exchange ) Tj ET Q q 0 0 0 rg BT 528.30 116.45 Td (impact, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 103.25 Td (including ) Tj ET Q q 0 0 0 rg BT 94.27 103.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 125.65 103.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 163.13 103.25 Td (hedging ) Tj ET Q q 0 0 0 rg BT 197.84 103.25 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 249.51 103.25 Td (of ) Tj ET Q q 0 0 0 rg BT 260.34 103.25 Td (89) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 275.34 103.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.09 103.25 Td (million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 78.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 78.05 Td (The ) Tj ET Q q 0 0 0 rg BT 108.68 78.05 Td (positive ) Tj ET Q q 0 0 0 rg BT 143.48 78.05 Td (volume ) Tj ET Q q 0 0 0 rg BT 176.61 78.05 Td (impact ) Tj ET Q q 0 0 0 rg BT 206.95 78.05 Td (of ) Tj ET Q q 0 0 0 rg BT 218.42 78.05 Td (59) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.42 78.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.86 78.05 Td (million ) Tj ET Q q 0 0 0 rg BT 268.89 78.05 Td (was ) Tj ET Q q 0 0 0 rg BT 287.58 78.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 336.25 78.05 Td (to ) Tj ET Q q 0 0 0 rg BT 347.16 78.05 Td (an ) Tj ET Q q 0 0 0 rg BT 359.73 78.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 395.62 78.05 Td (in ) Tj ET Q q 0 0 0 rg BT 406.53 78.05 Td (total ) Tj ET Q q 0 0 0 rg BT 427.44 78.05 Td (shipments, ) Tj ET Q q 0 0 0 rg BT 473.63 78.05 Td (driven ) Tj ET Q q 0 0 0 rg BT 502.31 78.05 Td (by ) Tj ET Q q 0 0 0 rg BT 515.44 78.05 Td (the ) Tj ET Q q 0 0 0 rg BT 530.79 78.05 Td (Ferrari ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 66.05 Td (Portofino, ) Tj ET Q q 0 0 0 rg BT 96.51 66.05 Td (the ) Tj ET Q q 0 0 0 rg BT 110.96 66.05 Td (812 ) Tj ET Q q 0 0 0 rg BT 128.19 66.05 Td (Superfast ) Tj ET Q q 0 0 0 rg BT 168.19 66.05 Td (and ) Tj ET Q q 0 0 0 rg BT 184.86 66.05 Td (the ) Tj ET Q q 0 0 0 rg BT 199.31 66.05 Td (488 ) Tj ET Q q 0 0 0 rg BT 216.54 66.05 Td (and ) Tj ET Q q 0 0 0 rg BT 233.21 66.05 Td (GTC4Lusso ) Tj ET Q q 0 0 0 rg BT 284.33 66.05 Td (families, ) Tj ET Q q 0 0 0 rg BT 321.28 66.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 356.83 66.05 Td (of) Tj ET Q q 0 0 0 rg BT 364.98 66.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 381.65 66.05 Td (by ) Tj ET Q q 0 0 0 rg BT 393.88 66.05 Td (the ) Tj ET Q q 0 0 0 rg BT 408.33 66.05 Td (phase-outs ) Tj ET Q q 0 0 0 rg BT 453.33 66.05 Td (of ) Tj ET Q q 0 0 0 rg BT 463.89 66.05 Td (the ) Tj ET Q q 0 0 0 rg BT 478.34 66.05 Td (California ) Tj ET Q q 0 0 0 rg BT 520.95 66.05 Td (T) Tj ET Q q 0 0 0 rg BT 526.88 66.05 Td ( ) Tj ET Q q 0 0 0 rg BT 529.11 66.05 Td (and ) Tj ET Q q 0 0 0 rg BT 545.78 66.05 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 54.05 Td (F12berlinetta, ) Tj ET Q q 0 0 0 rg BT 112.40 54.05 Td (as ) Tj ET Q q 0 0 0 rg BT 123.30 54.05 Td (well ) Tj ET Q q 0 0 0 rg BT 143.09 54.05 Td (as ) Tj ET Q q 0 0 0 rg BT 154.00 54.05 Td (the ) Tj ET Q q 0 0 0 rg BT 168.79 54.05 Td (F12tdf ) Tj ET Q q 0 0 0 rg BT 198.04 54.05 Td (which ) Tj ET Q q 0 0 0 rg BT 225.05 54.05 Td (finished ) Tj ET Q q 0 0 0 rg BT 259.84 54.05 Td (its ) Tj ET Q q 0 0 0 rg BT 271.87 54.05 Td (limited ) Tj ET Q q 0 0 0 rg BT 302.77 54.05 Td (series ) Tj ET Q q 0 0 0 rg BT 328.12 54.05 Td (run ) Tj ET Q q 0 0 0 rg BT 344.02 54.05 Td (in ) Tj ET Q q 0 0 0 rg BT 354.38 54.05 Td (2017. ) Tj ET Q q 0 0 0 rg BT 379.27 54.05 Td (The ) Tj ET Q q 0 0 0 rg BT 397.39 54.05 Td (positive ) Tj ET Q q 0 0 0 rg BT 431.63 54.05 Td (product ) Tj ET Q q 0 0 0 rg BT 464.75 54.05 Td (mix ) Tj ET Q q 0 0 0 rg BT 482.89 54.05 Td (and ) Tj ET Q q 0 0 0 rg BT 499.90 54.05 Td (pricing ) Tj ET Q q 0 0 0 rg BT 530.80 54.05 Td (impact ) Tj ET Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 741.40 Td (of ) Tj ET Q q 0 0 0 rg BT 65.14 741.40 Td (1) Tj ET Q q 0 0 0 rg BT 74.77 741.40 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 79.77 741.40 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.85 741.40 Td (million ) Tj ET Q q 0 0 0 rg BT 114.55 741.40 Td (was ) Tj ET Q q 0 0 0 rg BT 132.91 741.40 Td (primarily ) Tj ET Q q 0 0 0 rg BT 172.93 741.40 Td (attributable ) Tj ET Q q 0 0 0 rg BT 221.27 741.40 Td (to ) Tj ET Q q 0 0 0 rg BT 231.86 741.40 Td (the ) Tj ET Q q 0 0 0 rg BT 246.88 741.40 Td (performance ) Tj ET Q q 0 0 0 rg BT 300.21 741.40 Td (of ) Tj ET Q q 0 0 0 rg BT 311.14 741.40 Td (V12 ) Tj ET Q q 0 0 0 rg BT 331.17 741.40 Td (models ) Tj ET Q q 0 0 0 rg BT 362.86 741.40 Td (and ) Tj ET Q q 0 0 0 rg BT 380.11 741.40 Td (pricing ) Tj ET Q q 0 0 0 rg BT 411.24 741.40 Td (increases ) Tj ET Q q 0 0 0 rg BT 450.69 741.40 Td (as ) Tj ET Q q 0 0 0 rg BT 461.83 741.40 Td (well ) Tj ET Q q 0 0 0 rg BT 481.85 741.40 Td (as ) Tj ET Q q 0 0 0 rg BT 492.99 741.40 Td (deliveries ) Tj ET Q q 0 0 0 rg BT 534.67 741.40 Td (of ) Tj ET Q q 0 0 0 rg BT 545.81 741.40 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 729.40 Td (strictly ) Tj ET Q q 0 0 0 rg BT 84.74 729.40 Td (limited ) Tj ET Q q 0 0 0 rg BT 116.04 729.40 Td (edition ) Tj ET Q q 0 0 0 rg BT 146.78 729.40 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 176.95 729.40 Td (J50, ) Tj ET Q q 0 0 0 rg BT 196.31 729.40 Td (partially ) Tj ET Q q 0 0 0 rg BT 232.59 729.40 Td (of) Tj ET Q q 0 0 0 rg BT 240.74 729.40 Td (fset ) Tj ET Q q 0 0 0 rg BT 258.15 729.40 Td (by ) Tj ET Q q 0 0 0 rg BT 271.11 729.40 Td (lower ) Tj ET Q q 0 0 0 rg BT 296.85 729.40 Td (sales ) Tj ET Q q 0 0 0 rg BT 319.25 729.40 Td (of ) Tj ET Q q 0 0 0 rg BT 330.55 729.40 Td (the ) Tj ET Q q 0 0 0 rg BT 345.73 729.40 Td (LaFerrari ) Tj ET Q q 0 0 0 rg BT 385.80 729.40 Td (Aperta ) Tj ET Q q 0 0 0 rg BT 415.97 729.40 Td (which ) Tj ET Q q 0 0 0 rg BT 443.38 729.40 Td (is ) Tj ET Q q 0 0 0 rg BT 453.01 729.40 Td (finishing ) Tj ET Q q 0 0 0 rg BT 491.54 729.40 Td (its ) Tj ET Q q 0 0 0 rg BT 503.95 729.40 Td (limited ) Tj ET Q q 0 0 0 rg BT 535.25 729.40 Td (series ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 717.40 Td (run.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 693.40 Td (Net ) Tj ET Q q 0 0 0 rg BT 71.49 693.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 111.22 693.40 Td (expenses) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 631.90 210.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 264.50 631.90 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 631.90 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 631.90 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 631.90 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 631.90 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 631.90 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 631.90 73.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 659.9 m 334.5 659.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 659.9 m 409.5 659.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 659.9 m 481.5 659.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 659.9 m 485.5 659.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 659.9 m 558.5 659.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 659.9 m 334.5 659.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 645.9 m 334.5 645.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 659.9 m 409.5 659.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 645.9 m 409.5 645.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 645.9 m 481.5 645.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 645.9 m 485.5 645.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 645.9 m 558.5 645.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 645.9 m 334.5 645.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 645.9 m 409.5 645.9 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 287.05 673.35 Td (For) Tj ET Q q 0 0 0 rg BT 300.88 673.35 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.05 664.35 Td (September) Tj ET Q q 0 0 0 rg BT 352.38 664.35 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.90 664.35 Td (Incr) Tj ET Q q 0 0 0 rg BT 464.23 664.35 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 504.04 664.35 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 290.00 650.35 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.50 650.35 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.10 650.35 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 355.25 636.36 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 622.36 Td (Net financial expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 322.00 622.36 Td (15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 397.00 622.36 Td (25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.00 622.36 Td (\(10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.00 622.36 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.75 622.36 Td (\(39.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.50 622.36 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 606.40 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 594.40 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 594.40 Td (Net ) Tj ET Q q 0 0 0 rg BT 107.04 594.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 144.61 594.40 Td (expenses ) Tj ET Q q 0 0 0 rg BT 183.31 594.40 Td (for ) Tj ET Q q 0 0 0 rg BT 197.56 594.40 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.38 594.40 Td (nine ) Tj ET Q q 0 0 0 rg BT 232.19 594.40 Td (months ) Tj ET Q q 0 0 0 rg BT 264.24 594.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 290.71 594.40 Td (September ) Tj ET Q q 0 0 0 rg BT 336.07 594.40 Td (30, ) Tj ET Q q 0 0 0 rg BT 351.17 594.40 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.17 594.40 Td ( ) Tj ET Q q 0 0 0 rg BT 373.76 594.40 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.79 594.40 Td (15 ) Tj ET Q q 0 0 0 rg BT 413.39 594.40 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.28 594.40 Td ( ) Tj ET Q q 0 0 0 rg BT 444.87 594.40 Td (compared ) Tj ET Q q 0 0 0 rg BT 486.89 594.40 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.27 594.40 Td (25 ) Tj ET Q q 0 0 0 rg BT 514.87 594.40 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.76 594.40 Td ( ) Tj ET Q q 0 0 0 rg BT 546.35 594.40 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 582.40 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.72 582.40 Td (nine ) Tj ET Q q 0 0 0 rg BT 88.43 582.40 Td (months ) Tj ET Q q 0 0 0 rg BT 120.38 582.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 146.76 582.40 Td (September ) Tj ET Q q 0 0 0 rg BT 192.02 582.40 Td (30, ) Tj ET Q q 0 0 0 rg BT 207.02 582.40 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.02 582.40 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 570.40 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 558.40 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 558.40 Td (The ) Tj ET Q q 0 0 0 rg BT 108.06 558.40 Td (decrease ) Tj ET Q q 0 0 0 rg BT 144.98 558.40 Td (in ) Tj ET Q q 0 0 0 rg BT 155.27 558.40 Td (net ) Tj ET Q q 0 0 0 rg BT 169.99 558.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 207.48 558.40 Td (expenses ) Tj ET Q q 0 0 0 rg BT 246.09 558.40 Td (was ) Tj ET Q q 0 0 0 rg BT 264.15 558.40 Td (primarily ) Tj ET Q q 0 0 0 rg BT 303.87 558.40 Td (attributable ) Tj ET Q q 0 0 0 rg BT 351.92 558.40 Td (to ) Tj ET Q q 0 0 0 rg BT 362.20 558.40 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 374.15 558.40 Td (a ) Tj ET Q q 0 0 0 rg BT 381.10 558.40 Td (decrease ) Tj ET Q q 0 0 0 rg BT 418.02 558.40 Td (in ) Tj ET Q q 0 0 0 rg BT 428.31 558.40 Td (net ) Tj ET Q q 0 0 0 rg BT 443.03 558.40 Td (foreign ) Tj ET Q q 0 0 0 rg BT 474.42 558.40 Td (exchange ) Tj ET Q q 0 0 0 rg BT 514.68 558.40 Td (losses, ) Tj ET Q q 0 0 0 rg BT 543.58 558.40 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 546.40 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 68.83 546.40 Td (a ) Tj ET Q q 0 0 0 rg BT 75.87 546.40 Td (decrease ) Tj ET Q q 0 0 0 rg BT 112.90 546.40 Td (in ) Tj ET Q q 0 0 0 rg BT 123.28 546.40 Td (interest ) Tj ET Q q 0 0 0 rg BT 155.33 546.40 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 196.53 546.40 Td (mainly ) Tj ET Q q 0 0 0 rg BT 226.92 546.40 Td (driven ) Tj ET Q q 0 0 0 rg BT 255.07 546.40 Td (by ) Tj ET Q q 0 0 0 rg BT 267.68 546.40 Td (lower ) Tj ET Q q 0 0 0 rg BT 293.06 546.40 Td (interest ) Tj ET Q q 0 0 0 rg BT 325.10 546.40 Td (on ) Tj ET Q q 0 0 0 rg BT 337.71 546.40 Td (bank ) Tj ET Q q 0 0 0 rg BT 359.76 546.40 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 407.92 546.40 Td (due ) Tj ET Q q 0 0 0 rg BT 424.96 546.40 Td (to ) Tj ET Q q 0 0 0 rg BT 435.35 546.40 Td (the ) Tj ET Q q 0 0 0 rg BT 450.18 546.40 Td (full ) Tj ET Q q 0 0 0 rg BT 466.67 546.40 Td (repayment ) Tj ET Q q 0 0 0 rg BT 511.48 546.40 Td (of ) Tj ET Q q 0 0 0 rg BT 522.42 546.40 Td (the ) Tj ET Q q 0 0 0 rg BT 537.06 546.40 Td (T) Tj ET Q q 0 0 0 rg BT 542.47 546.40 Td (erm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 534.40 Td (Loan ) Tj ET Q q 0 0 0 rg BT 76.91 534.40 Td (in ) Tj ET Q q 0 0 0 rg BT 87.06 534.40 Td (November ) Tj ET Q q 0 0 0 rg BT 131.63 534.40 Td (2017, ) Tj ET Q q 0 0 0 rg BT 156.50 534.40 Td (partially ) Tj ET Q q 0 0 0 rg BT 192.19 534.40 Td (of) Tj ET Q q 0 0 0 rg BT 200.34 534.40 Td (fset ) Tj ET Q q 0 0 0 rg BT 217.14 534.40 Td (by ) Tj ET Q q 0 0 0 rg BT 229.51 534.40 Td (higher ) Tj ET Q q 0 0 0 rg BT 257.42 534.40 Td (interest ) Tj ET Q q 0 0 0 rg BT 289.23 534.40 Td (on ) Tj ET Q q 0 0 0 rg BT 301.59 534.40 Td (bonds ) Tj ET Q q 0 0 0 rg BT 327.85 534.40 Td (due ) Tj ET Q q 0 0 0 rg BT 344.66 534.40 Td (to ) Tj ET Q q 0 0 0 rg BT 354.80 534.40 Td (a ) Tj ET Q q 0 0 0 rg BT 361.61 534.40 Td (new ) Tj ET Q q 0 0 0 rg BT 380.64 534.40 Td (bond ) Tj ET Q q 0 0 0 rg BT 403.00 534.40 Td (issued ) Tj ET Q q 0 0 0 rg BT 430.37 534.40 Td (in ) Tj ET Q q 0 0 0 rg BT 440.52 534.40 Td (November ) Tj ET Q q 0 0 0 rg BT 485.09 534.40 Td (2017. ) Tj ET Q q 0 0 0 rg BT 509.96 534.40 Td (For ) Tj ET Q q 0 0 0 rg BT 526.22 534.40 Td (the ) Tj ET Q q 0 0 0 rg BT 540.80 534.40 Td (nine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 522.40 Td (months ) Tj ET Q q 0 0 0 rg BT 85.95 522.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 112.33 522.40 Td (September ) Tj ET Q q 0 0 0 rg BT 157.59 522.40 Td (30, ) Tj ET Q q 0 0 0 rg BT 172.59 522.40 Td (2017, ) Tj ET Q q 0 0 0 rg BT 197.59 522.40 Td (net ) Tj ET Q q 0 0 0 rg BT 212.31 522.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 249.79 522.40 Td (expenses ) Tj ET Q q 0 0 0 rg BT 288.38 522.40 Td (included ) Tj ET Q q 0 0 0 rg BT 325.32 522.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 362.80 522.40 Td (income ) Tj ET Q q 0 0 0 rg BT 394.73 522.40 Td (in ) Tj ET Q q 0 0 0 rg BT 405.01 522.40 Td (relation ) Tj ET Q q 0 0 0 rg BT 438.05 522.40 Td (to ) Tj ET Q q 0 0 0 rg BT 448.33 522.40 Td (the ) Tj ET Q q 0 0 0 rg BT 463.05 522.40 Td (Delta ) Tj ET Q q 0 0 0 rg BT 487.02 522.40 Td (T) Tj ET Q q 0 0 0 rg BT 492.43 522.40 Td (opco ) Tj ET Q q 0 0 0 rg BT 514.37 522.40 Td (option.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 498.40 Td (Income ) Tj ET Q q 0 0 0 rg BT 88.16 498.40 Td (tax ) Tj ET Q q 0 0 0 rg BT 103.99 498.40 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.32 498.40 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 434.90 212.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 434.90 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 434.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 434.90 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 434.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 434.90 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 434.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 434.90 69.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 464.9 m 336.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 464.9 m 340.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 464.9 m 410.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 464.9 m 484.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 464.9 m 488.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 464.9 m 557.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 464.9 m 336.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 449.9 m 336.5 449.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 464.9 m 410.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 449.9 m 410.5 449.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 464.9 m 484.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 449.9 m 484.5 449.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 464.9 m 488.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 449.9 m 488.5 449.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 464.9 m 557.5 464.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 449.9 m 557.5 449.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 449.9 m 336.5 449.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 449.9 m 410.5 449.9 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 288.05 478.35 Td (For) Tj ET Q q 0 0 0 rg BT 301.88 478.35 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.05 469.35 Td (September) Tj ET Q q 0 0 0 rg BT 353.38 469.35 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.90 469.35 Td (Incr) Tj ET Q q 0 0 0 rg BT 464.32 469.35 Td (ease/\(Decr) Tj ET Q q 0 0 0 rg BT 504.13 469.35 Td (ease\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 291.50 454.35 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 454.35 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.10 454.35 Td (2018 vs. 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 355.25 439.36 Td (\( million, except percentages\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 424.36 Td (Income tax expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 324.00 424.36 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.50 424.36 Td (155) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 424.36 Td (\(135) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.00 424.36 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.95 424.36 Td (n.m.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 396.40 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 396.40 Td (Income ) Tj ET Q q 0 0 0 rg BT 122.88 396.40 Td (tax ) Tj ET Q q 0 0 0 rg BT 138.00 396.40 Td (expense ) Tj ET Q q 0 0 0 rg BT 173.10 396.40 Td (for ) Tj ET Q q 0 0 0 rg BT 187.66 396.40 Td (the ) Tj ET Q q 0 0 0 rg BT 202.78 396.40 Td (nine ) Tj ET Q q 0 0 0 rg BT 222.89 396.40 Td (months ) Tj ET Q q 0 0 0 rg BT 255.24 396.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 282.01 396.40 Td (September ) Tj ET Q q 0 0 0 rg BT 327.67 396.40 Td (30, ) Tj ET Q q 0 0 0 rg BT 343.07 396.40 Td (2018 ) Tj ET Q q 0 0 0 rg BT 365.97 396.40 Td (was ) Tj ET Q q 0 0 0 rg BT 384.42 396.40 Td (20 ) Tj ET Q q 0 0 0 rg BT 402.32 396.40 Td (million, ) Tj ET Q q 0 0 0 rg BT 436.61 396.40 Td (a ) Tj ET Q q 0 0 0 rg BT 443.94 396.40 Td (decrease ) Tj ET Q q 0 0 0 rg BT 481.25 396.40 Td (of ) Tj ET Q q 0 0 0 rg BT 492.48 396.40 Td (135 ) Tj ET Q q 0 0 0 rg BT 515.38 396.40 Td (million, ) Tj ET Q q 0 0 0 rg BT 549.67 396.40 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 384.40 Td (87.3 ) Tj ET Q q 0 0 0 rg BT 72.99 384.40 Td (percent, ) Tj ET Q q 0 0 0 rg BT 106.41 384.40 Td (from ) Tj ET Q q 0 0 0 rg BT 127.33 384.40 Td (155 ) Tj ET Q q 0 0 0 rg BT 148.83 384.40 Td (million ) Tj ET Q q 0 0 0 rg BT 179.21 384.40 Td (for ) Tj ET Q q 0 0 0 rg BT 192.36 384.40 Td (the ) Tj ET Q q 0 0 0 rg BT 206.07 384.40 Td (nine ) Tj ET Q q 0 0 0 rg BT 224.77 384.40 Td (months ) Tj ET Q q 0 0 0 rg BT 255.71 384.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 281.08 384.40 Td (September ) Tj ET Q q 0 0 0 rg BT 325.33 384.40 Td (30, ) Tj ET Q q 0 0 0 rg BT 339.33 384.40 Td (2017. ) Tj ET Q q 0 0 0 rg BT 363.21 384.40 Td (The ) Tj ET Q q 0 0 0 rg BT 380.25 384.40 Td (decrease ) Tj ET Q q 0 0 0 rg BT 416.15 384.40 Td (in ) Tj ET Q q 0 0 0 rg BT 425.42 384.40 Td (income ) Tj ET Q q 0 0 0 rg BT 456.34 384.40 Td (tax ) Tj ET Q q 0 0 0 rg BT 470.05 384.40 Td (expense ) Tj ET Q q 0 0 0 rg BT 503.75 384.40 Td (was ) Tj ET Q q 0 0 0 rg BT 520.79 384.40 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 372.40 Td (attributable ) Tj ET Q q 0 0 0 rg BT 101.35 372.40 Td (to ) Tj ET Q q 0 0 0 rg BT 110.94 372.40 Td (the ) Tj ET Q q 0 0 0 rg BT 124.97 372.40 Td (positive ) Tj ET Q q 0 0 0 rg BT 158.44 372.40 Td (impact ) Tj ET Q q 0 0 0 rg BT 187.47 372.40 Td (from ) Tj ET Q q 0 0 0 rg BT 208.72 372.40 Td (the ) Tj ET Q q 0 0 0 rg BT 222.75 372.40 Td (application ) Tj ET Q q 0 0 0 rg BT 268.99 372.40 Td (of ) Tj ET Q q 0 0 0 rg BT 279.13 372.40 Td (the ) Tj ET Q q 0 0 0 rg BT 293.16 372.40 Td (Patent ) Tj ET Q q 0 0 0 rg BT 319.96 372.40 Td (Box ) Tj ET Q q 0 0 0 rg BT 338.44 372.40 Td (tax ) Tj ET Q q 0 0 0 rg BT 352.47 372.40 Td (regime ) Tj ET Q q 0 0 0 rg BT 382.05 372.40 Td (\(as ) Tj ET Q q 0 0 0 rg BT 395.52 372.40 Td (described ) Tj ET Q q 0 0 0 rg BT 435.65 372.40 Td (below\), ) Tj ET Q q 0 0 0 rg BT 467.73 372.40 Td (including ) Tj ET Q q 0 0 0 rg BT 507.31 372.40 Td (141 ) Tj ET Q q 0 0 0 rg BT 529.12 372.40 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 360.40 Td (of ) Tj ET Q q 0 0 0 rg BT 65.27 360.40 Td (the ) Tj ET Q q 0 0 0 rg BT 80.44 360.40 Td (Patent ) Tj ET Q q 0 0 0 rg BT 108.38 360.40 Td (Box ) Tj ET Q q 0 0 0 rg BT 127.99 360.40 Td (benefit ) Tj ET Q q 0 0 0 rg BT 158.70 360.40 Td (related ) Tj ET Q q 0 0 0 rg BT 188.84 360.40 Td (to ) Tj ET Q q 0 0 0 rg BT 199.57 360.40 Td (the ) Tj ET Q q 0 0 0 rg BT 214.73 360.40 Td (years ) Tj ET Q q 0 0 0 rg BT 238.77 360.40 Td (2015 ) Tj ET Q q 0 0 0 rg BT 261.71 360.40 Td (to ) Tj ET Q q 0 0 0 rg BT 272.44 360.40 Td (2017, ) Tj ET Q q 0 0 0 rg BT 297.88 360.40 Td (of ) Tj ET Q q 0 0 0 rg BT 309.16 360.40 Td (which ) Tj ET Q q 0 0 0 rg BT 336.54 360.40 Td (139 ) Tj ET Q q 0 0 0 rg BT 359.48 360.40 Td (million ) Tj ET Q q 0 0 0 rg BT 391.32 360.40 Td (was ) Tj ET Q q 0 0 0 rg BT 409.82 360.40 Td (from ) Tj ET Q q 0 0 0 rg BT 432.20 360.40 Td (direct ) Tj ET Q q 0 0 0 rg BT 457.91 360.40 Td (and ) Tj ET Q q 0 0 0 rg BT 475.29 360.40 Td (2 ) Tj ET Q q 0 0 0 rg BT 488.23 360.40 Td (million ) Tj ET Q q 0 0 0 rg BT 520.07 360.40 Td (was ) Tj ET Q q 0 0 0 rg BT 538.57 360.40 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 348.40 Td (indirect ) Tj ET Q q 0 0 0 rg BT 87.04 348.40 Td (use ) Tj ET Q q 0 0 0 rg BT 102.87 348.40 Td (of ) Tj ET Q q 0 0 0 rg BT 113.70 348.40 Td (copyrights, ) Tj ET Q q 0 0 0 rg BT 160.92 348.40 Td (patents, ) Tj ET Q q 0 0 0 rg BT 194.24 348.40 Td (trademarks, ) Tj ET Q q 0 0 0 rg BT 243.67 348.40 Td (designs ) Tj ET Q q 0 0 0 rg BT 276.17 348.40 Td (and ) Tj ET Q q 0 0 0 rg BT 293.11 348.40 Td (know-how) Tj ET Q q 0 0 0 rg BT 335.23 348.40 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 324.40 Td (In ) Tj ET Q q 0 0 0 rg BT 100.76 324.40 Td (September ) Tj ET Q q 0 0 0 rg BT 145.96 324.40 Td (2018, ) Tj ET Q q 0 0 0 rg BT 170.89 324.40 Td (the ) Tj ET Q q 0 0 0 rg BT 185.53 324.40 Td (Group ) Tj ET Q q 0 0 0 rg BT 213.52 324.40 Td (signed ) Tj ET Q q 0 0 0 rg BT 242.05 324.40 Td (an ) Tj ET Q q 0 0 0 rg BT 253.92 324.40 Td (agreement ) Tj ET Q q 0 0 0 rg BT 298.00 324.40 Td (with ) Tj ET Q q 0 0 0 rg BT 318.20 324.40 Td (the ) Tj ET Q q 0 0 0 rg BT 332.85 324.40 Td (Italian ) Tj ET Q q 0 0 0 rg BT 360.82 324.40 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 397.70 324.40 Td (Agency ) Tj ET Q q 0 0 0 rg BT 431.23 324.40 Td (in ) Tj ET Q q 0 0 0 rg BT 441.44 324.40 Td (relation ) Tj ET Q q 0 0 0 rg BT 474.41 324.40 Td (to ) Tj ET Q q 0 0 0 rg BT 484.62 324.40 Td (the ) Tj ET Q q 0 0 0 rg BT 499.27 324.40 Td (Patent ) Tj ET Q q 0 0 0 rg BT 526.70 324.40 Td (Box ) Tj ET Q q 0 0 0 rg BT 545.80 324.40 Td (tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 312.40 Td (regime, ) Tj ET Q q 0 0 0 rg BT 86.24 312.40 Td (which ) Tj ET Q q 0 0 0 rg BT 112.65 312.40 Td (provides ) Tj ET Q q 0 0 0 rg BT 149.06 312.40 Td (a ) Tj ET Q q 0 0 0 rg BT 155.48 312.40 Td (tax ) Tj ET Q q 0 0 0 rg BT 169.67 312.40 Td (benefit ) Tj ET Q q 0 0 0 rg BT 199.40 312.40 Td (for ) Tj ET Q q 0 0 0 rg BT 213.04 312.40 Td (companies ) Tj ET Q q 0 0 0 rg BT 257.78 312.40 Td (that ) Tj ET Q q 0 0 0 rg BT 274.75 312.40 Td (generate ) Tj ET Q q 0 0 0 rg BT 310.58 312.40 Td (income ) Tj ET Q q 0 0 0 rg BT 341.99 312.40 Td (through ) Tj ET Q q 0 0 0 rg BT 375.07 312.40 Td (the ) Tj ET Q q 0 0 0 rg BT 389.26 312.40 Td (use, ) Tj ET Q q 0 0 0 rg BT 407.07 312.40 Td (both ) Tj ET Q q 0 0 0 rg BT 426.82 312.40 Td (direct ) Tj ET Q q 0 0 0 rg BT 451.56 312.40 Td (and ) Tj ET Q q 0 0 0 rg BT 467.97 312.40 Td (indirect, ) Tj ET Q q 0 0 0 rg BT 502.99 312.40 Td (of ) Tj ET Q q 0 0 0 rg BT 513.29 312.40 Td (copyrights, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 300.40 Td (patents, ) Tj ET Q q 0 0 0 rg BT 86.22 300.40 Td (trademarks, ) Tj ET Q q 0 0 0 rg BT 134.54 300.40 Td (designs ) Tj ET Q q 0 0 0 rg BT 165.94 300.40 Td (and ) Tj ET Q q 0 0 0 rg BT 181.78 300.40 Td (know-how) Tj ET Q q 0 0 0 rg BT 223.90 300.40 Td (. ) Tj ET Q q 0 0 0 rg BT 227.80 300.40 Td (See ) Tj ET Q q 0 0 0 rg BT 243.64 300.40 Td (Note ) Tj ET Q q 0 0 0 rg BT 264.47 300.40 Td (12) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 274.47 300.40 Td ( ) Tj ET Q q 0 0 0 rg BT 275.87 300.40 Td (Income ) Tj ET Q q 0 0 0 rg BT 312.26 300.40 Td (T) Tj ET Q q 0 0 0 rg BT 316.90 300.40 Td (ax ) Tj ET Q q 0 0 0 rg BT 327.74 300.40 Td (\(Benefit\)/Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.38 300.40 Td ( ) Tj ET Q q 0 0 0 rg BT 405.77 300.40 Td (to ) Tj ET Q q 0 0 0 rg BT 414.95 300.40 Td (the ) Tj ET Q q 0 0 0 rg BT 428.56 300.40 Td (Interim ) Tj ET Q q 0 0 0 rg BT 459.40 300.40 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 505.23 300.40 Td (Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 288.40 Td (Financial ) Tj ET Q q 0 0 0 rg BT 93.71 288.40 Td (Statements ) Tj ET Q q 0 0 0 rg BT 140.09 288.40 Td (for ) Tj ET Q q 0 0 0 rg BT 154.25 288.40 Td (additional ) Tj ET Q q 0 0 0 rg BT 196.74 288.40 Td (details.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 264.40 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 264.40 Td (The ) Tj ET Q q 0 0 0 rg BT 107.98 264.40 Td (ef) Tj ET Q q 0 0 0 rg BT 115.57 264.40 Td (fective ) Tj ET Q q 0 0 0 rg BT 145.20 264.40 Td (tax ) Tj ET Q q 0 0 0 rg BT 159.85 264.40 Td (rate ) Tj ET Q q 0 0 0 rg BT 177.26 264.40 Td (\(net ) Tj ET Q q 0 0 0 rg BT 195.24 264.40 Td (of ) Tj ET Q q 0 0 0 rg BT 206.00 264.40 Td (IRAP\) ) Tj ET Q q 0 0 0 rg BT 234.54 264.40 Td (was ) Tj ET Q q 0 0 0 rg BT 252.53 264.40 Td (0.3 ) Tj ET Q q 0 0 0 rg BT 267.46 264.40 Td (percent ) Tj ET Q q 0 0 0 rg BT 299.31 264.40 Td (for ) Tj ET Q q 0 0 0 rg BT 313.40 264.40 Td (the ) Tj ET Q q 0 0 0 rg BT 328.05 264.40 Td (nine ) Tj ET Q q 0 0 0 rg BT 347.70 264.40 Td (months ) Tj ET Q q 0 0 0 rg BT 379.58 264.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 405.88 264.40 Td (September ) Tj ET Q q 0 0 0 rg BT 451.08 264.40 Td (30, ) Tj ET Q q 0 0 0 rg BT 466.01 264.40 Td (2018 ) Tj ET Q q 0 0 0 rg BT 488.44 264.40 Td (compared ) Tj ET Q q 0 0 0 rg BT 530.29 264.40 Td (to ) Tj ET Q q 0 0 0 rg BT 540.50 264.40 Td (24.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 252.40 Td (percent ) Tj ET Q q 0 0 0 rg BT 86.59 252.40 Td (for ) Tj ET Q q 0 0 0 rg BT 101.42 252.40 Td (the ) Tj ET Q q 0 0 0 rg BT 116.81 252.40 Td (nine ) Tj ET Q q 0 0 0 rg BT 137.20 252.40 Td (months ) Tj ET Q q 0 0 0 rg BT 169.82 252.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 196.87 252.40 Td (September ) Tj ET Q q 0 0 0 rg BT 242.80 252.40 Td (30, ) Tj ET Q q 0 0 0 rg BT 258.47 252.40 Td (2017, ) Tj ET Q q 0 0 0 rg BT 284.14 252.40 Td (mainly ) Tj ET Q q 0 0 0 rg BT 315.08 252.40 Td (attributable ) Tj ET Q q 0 0 0 rg BT 363.79 252.40 Td (to ) Tj ET Q q 0 0 0 rg BT 374.74 252.40 Td (the ) Tj ET Q q 0 0 0 rg BT 390.13 252.40 Td (positive ) Tj ET Q q 0 0 0 rg BT 424.96 252.40 Td (impact ) Tj ET Q q 0 0 0 rg BT 455.35 252.40 Td (of ) Tj ET Q q 0 0 0 rg BT 466.85 252.40 Td (the ) Tj ET Q q 0 0 0 rg BT 482.23 252.40 Td (Patent ) Tj ET Q q 0 0 0 rg BT 510.40 252.40 Td (Box ) Tj ET Q q 0 0 0 rg BT 530.24 252.40 Td (benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 240.40 Td (relating ) Tj ET Q q 0 0 0 rg BT 87.04 240.40 Td (to ) Tj ET Q q 0 0 0 rg BT 97.32 240.40 Td (the ) Tj ET Q q 0 0 0 rg BT 112.04 240.40 Td (years ) Tj ET Q q 0 0 0 rg BT 135.64 240.40 Td (2015 ) Tj ET Q q 0 0 0 rg BT 158.14 240.40 Td (to ) Tj ET Q q 0 0 0 rg BT 168.41 240.40 Td (2017 ) Tj ET Q q 0 0 0 rg BT 190.91 240.40 Td (as ) Tj ET Q q 0 0 0 rg BT 201.74 240.40 Td (well ) Tj ET Q q 0 0 0 rg BT 221.46 240.40 Td (as ) Tj ET Q q 0 0 0 rg BT 232.29 240.40 Td (the ) Tj ET Q q 0 0 0 rg BT 247.01 240.40 Td (positive ) Tj ET Q q 0 0 0 rg BT 281.17 240.40 Td (impact ) Tj ET Q q 0 0 0 rg BT 310.88 240.40 Td (of ) Tj ET Q q 0 0 0 rg BT 321.71 240.40 Td (the ) Tj ET Q q 0 0 0 rg BT 336.43 240.40 Td (Patent ) Tj ET Q q 0 0 0 rg BT 363.93 240.40 Td (Box ) Tj ET Q q 0 0 0 rg BT 383.10 240.40 Td (related ) Tj ET Q q 0 0 0 rg BT 412.80 240.40 Td (to ) Tj ET Q q 0 0 0 rg BT 423.08 240.40 Td (the ) Tj ET Q q 0 0 0 rg BT 437.79 240.40 Td (2018 ) Tj ET Q q 0 0 0 rg BT 460.29 240.40 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 484.45 240.40 Td (year) Tj ET Q q 0 0 0 rg BT 501.10 240.40 Td (.) Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 742.25 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 96.52 742.25 Td (and ) Tj ET Q q 0 0 0 rg BT 115.14 742.25 Td (Capital ) Tj ET Q q 0 0 0 rg BT 149.31 742.25 Td (Resour) Tj ET Q q 0 0 0 rg BT 179.68 742.25 Td (ces) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 718.25 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 93.72 718.25 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 694.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 694.25 Td (W) Tj ET Q q 0 0 0 rg BT 98.64 694.25 Td (e ) Tj ET Q q 0 0 0 rg BT 105.32 694.25 Td (require ) Tj ET Q q 0 0 0 rg BT 135.87 694.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 172.01 694.25 Td (in ) Tj ET Q q 0 0 0 rg BT 182.03 694.25 Td (order ) Tj ET Q q 0 0 0 rg BT 205.37 694.25 Td (to ) Tj ET Q q 0 0 0 rg BT 215.39 694.25 Td (meet ) Tj ET Q q 0 0 0 rg BT 237.06 694.25 Td (our ) Tj ET Q q 0 0 0 rg BT 252.63 694.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 299.32 694.25 Td (and ) Tj ET Q q 0 0 0 rg BT 316.00 694.25 Td (fund ) Tj ET Q q 0 0 0 rg BT 336.57 694.25 Td (our ) Tj ET Q q 0 0 0 rg BT 352.14 694.25 Td (business. ) Tj ET Q q 0 0 0 rg BT 390.77 694.25 Td (Short-term ) Tj ET Q q 0 0 0 rg BT 436.34 694.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 472.47 694.25 Td (is ) Tj ET Q q 0 0 0 rg BT 481.38 694.25 Td (required ) Tj ET Q q 0 0 0 rg BT 516.94 694.25 Td (to ) Tj ET Q q 0 0 0 rg BT 526.96 694.25 Td (purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 682.25 Td (raw ) Tj ET Q q 0 0 0 rg BT 71.12 682.25 Td (materials, ) Tj ET Q q 0 0 0 rg BT 112.40 682.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 133.96 682.25 Td (and ) Tj ET Q q 0 0 0 rg BT 150.53 682.25 Td (components ) Tj ET Q q 0 0 0 rg BT 200.98 682.25 Td (for ) Tj ET Q q 0 0 0 rg BT 214.77 682.25 Td (car ) Tj ET Q q 0 0 0 rg BT 229.11 682.25 Td (production, ) Tj ET Q q 0 0 0 rg BT 277.06 682.25 Td (and ) Tj ET Q q 0 0 0 rg BT 293.63 682.25 Td (to ) Tj ET Q q 0 0 0 rg BT 303.53 682.25 Td (fund ) Tj ET Q q 0 0 0 rg BT 323.99 682.25 Td (selling, ) Tj ET Q q 0 0 0 rg BT 355.28 682.25 Td (administrative, ) Tj ET Q q 0 0 0 rg BT 417.12 682.25 Td (research ) Tj ET Q q 0 0 0 rg BT 452.55 682.25 Td (and ) Tj ET Q q 0 0 0 rg BT 469.12 682.25 Td (development, ) Tj ET Q q 0 0 0 rg BT 525.40 682.25 Td (and ) Tj ET Q q 0 0 0 rg BT 541.96 682.25 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 670.25 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 95.75 670.25 Td (In ) Tj ET Q q 0 0 0 rg BT 107.22 670.25 Td (addition ) Tj ET Q q 0 0 0 rg BT 143.14 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 154.07 670.25 Td (our ) Tj ET Q q 0 0 0 rg BT 170.55 670.25 Td (general ) Tj ET Q q 0 0 0 rg BT 203.12 670.25 Td (working ) Tj ET Q q 0 0 0 rg BT 239.59 670.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 269.39 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 286.98 670.25 Td (operational ) Tj ET Q q 0 0 0 rg BT 335.10 670.25 Td (needs, ) Tj ET Q q 0 0 0 rg BT 363.52 670.25 Td (we ) Tj ET Q q 0 0 0 rg BT 378.33 670.25 Td (expect ) Tj ET Q q 0 0 0 rg BT 407.57 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 418.49 670.25 Td (use ) Tj ET Q q 0 0 0 rg BT 434.97 670.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 455.88 670.25 Td (for ) Tj ET Q q 0 0 0 rg BT 470.69 670.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 500.49 670.25 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 554.73 670.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 658.25 Td (support ) Tj ET Q q 0 0 0 rg BT 86.41 658.25 Td (our ) Tj ET Q q 0 0 0 rg BT 102.14 658.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 136.21 658.25 Td (and ) Tj ET Q q 0 0 0 rg BT 153.06 658.25 Td (future ) Tj ET Q q 0 0 0 rg BT 179.34 658.25 Td (products. ) Tj ET Q q 0 0 0 rg BT 218.51 658.25 Td (W) Tj ET Q q 0 0 0 rg BT 227.15 658.25 Td (e ) Tj ET Q q 0 0 0 rg BT 233.99 658.25 Td (make ) Tj ET Q q 0 0 0 rg BT 258.06 658.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 287.11 658.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 337.29 658.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 367.47 658.25 Td (in ) Tj ET Q q 0 0 0 rg BT 377.66 658.25 Td (Italy) Tj ET Q q 0 0 0 rg BT 395.33 658.25 Td (, ) Tj ET Q q 0 0 0 rg BT 400.24 658.25 Td (for ) Tj ET Q q 0 0 0 rg BT 414.31 658.25 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 456.15 658.25 Td (to ) Tj ET Q q 0 0 0 rg BT 466.33 658.25 Td (introduce ) Tj ET Q q 0 0 0 rg BT 506.50 658.25 Td (new ) Tj ET Q q 0 0 0 rg BT 525.57 658.25 Td (products, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 646.25 Td (enhance ) Tj ET Q q 0 0 0 rg BT 88.33 646.25 Td (manufacturing ) Tj ET Q q 0 0 0 rg BT 148.22 646.25 Td (ef) Tj ET Q q 0 0 0 rg BT 155.81 646.25 Td (ficiency) Tj ET Q q 0 0 0 rg BT 187.36 646.25 Td (, ) Tj ET Q q 0 0 0 rg BT 191.44 646.25 Td (improve ) Tj ET Q q 0 0 0 rg BT 226.34 646.25 Td (capacity) Tj ET Q q 0 0 0 rg BT 259.00 646.25 Td (, ) Tj ET Q q 0 0 0 rg BT 263.08 646.25 Td (and ) Tj ET Q q 0 0 0 rg BT 279.09 646.25 Td (for ) Tj ET Q q 0 0 0 rg BT 292.33 646.25 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 344.43 646.25 Td (and ) Tj ET Q q 0 0 0 rg BT 360.45 646.25 Td (environmental ) Tj ET Q q 0 0 0 rg BT 419.79 646.25 Td (compliance. ) Tj ET Q q 0 0 0 rg BT 469.95 646.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 487.08 646.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 515.31 646.25 Td (expenditure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 634.25 Td (in ) Tj ET Q q 0 0 0 rg BT 63.46 634.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 85.15 634.25 Td (is ) Tj ET Q q 0 0 0 rg BT 93.51 634.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 132.40 634.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 169.62 634.25 Td (to ) Tj ET Q q 0 0 0 rg BT 179.09 634.25 Td (support ) Tj ET Q q 0 0 0 rg BT 210.77 634.25 Td (continuous ) Tj ET Q q 0 0 0 rg BT 256.35 634.25 Td (product ) Tj ET Q q 0 0 0 rg BT 288.58 634.25 Td (range ) Tj ET Q q 0 0 0 rg BT 312.47 634.25 Td (renewal ) Tj ET Q q 0 0 0 rg BT 345.80 634.25 Td (and ) Tj ET Q q 0 0 0 rg BT 361.93 634.25 Td (research ) Tj ET Q q 0 0 0 rg BT 396.92 634.25 Td (and ) Tj ET Q q 0 0 0 rg BT 413.04 634.25 Td (development ) Tj ET Q q 0 0 0 rg BT 466.38 634.25 Td (expenditure ) Tj ET Q q 0 0 0 rg BT 515.27 634.25 Td (to ) Tj ET Q q 0 0 0 rg BT 524.73 634.25 Td (transition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 622.25 Td (our ) Tj ET Q q 0 0 0 rg BT 70.76 622.25 Td (product ) Tj ET Q q 0 0 0 rg BT 104.74 622.25 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 143.16 622.25 Td (to ) Tj ET Q q 0 0 0 rg BT 154.37 622.25 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 183.91 622.25 Td (technology) Tj ET Q q 0 0 0 rg BT 227.69 622.25 Td (. ) Tj ET Q q 0 0 0 rg BT 233.38 622.25 Td (W) Tj ET Q q 0 0 0 rg BT 242.01 622.25 Td (e ) Tj ET Q q 0 0 0 rg BT 249.88 622.25 Td (plan ) Tj ET Q q 0 0 0 rg BT 270.53 622.25 Td (to ) Tj ET Q q 0 0 0 rg BT 281.74 622.25 Td (fund ) Tj ET Q q 0 0 0 rg BT 303.50 622.25 Td (our ) Tj ET Q q 0 0 0 rg BT 320.26 622.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 350.34 622.25 Td (expenditure ) Tj ET Q q 0 0 0 rg BT 400.97 622.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 441.61 622.25 Td (with ) Tj ET Q q 0 0 0 rg BT 462.82 622.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 484.02 622.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 526.31 622.25 Td (from ) Tj ET Q q 0 0 0 rg BT 549.18 622.25 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 610.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 94.26 610.25 Td (activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 586.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 586.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 108.63 586.25 Td (business ) Tj ET Q q 0 0 0 rg BT 145.59 586.25 Td (and ) Tj ET Q q 0 0 0 rg BT 163.10 586.25 Td (results ) Tj ET Q q 0 0 0 rg BT 192.29 586.25 Td (of ) Tj ET Q q 0 0 0 rg BT 203.69 586.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 248.42 586.25 Td (depend ) Tj ET Q q 0 0 0 rg BT 280.37 586.25 Td (on ) Tj ET Q q 0 0 0 rg BT 293.44 586.25 Td (our ) Tj ET Q q 0 0 0 rg BT 309.85 586.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 338.47 586.25 Td (to ) Tj ET Q q 0 0 0 rg BT 349.32 586.25 Td (achieve ) Tj ET Q q 0 0 0 rg BT 382.93 586.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 413.21 586.25 Td (minimum ) Tj ET Q q 0 0 0 rg BT 455.17 586.25 Td (car ) Tj ET Q q 0 0 0 rg BT 470.45 586.25 Td (shipment ) Tj ET Q q 0 0 0 rg BT 510.19 586.25 Td (volumes. ) Tj ET Q q 0 0 0 rg BT 549.43 586.25 Td (W) Tj ET Q q 0 0 0 rg BT 558.07 586.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 574.25 Td (have ) Tj ET Q q 0 0 0 rg BT 75.17 574.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 119.68 574.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 142.52 574.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 164.81 574.25 Td (and ) Tj ET Q q 0 0 0 rg BT 181.54 574.25 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 222.42 574.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 256.92 574.25 Td (in ) Tj ET Q q 0 0 0 rg BT 267.00 574.25 Td (our ) Tj ET Q q 0 0 0 rg BT 282.62 574.25 Td (car ) Tj ET Q q 0 0 0 rg BT 297.12 574.25 Td (shipment ) Tj ET Q q 0 0 0 rg BT 336.08 574.25 Td (volumes ) Tj ET Q q 0 0 0 rg BT 372.26 574.25 Td (can ) Tj ET Q q 0 0 0 rg BT 388.43 574.25 Td (have ) Tj ET Q q 0 0 0 rg BT 409.60 574.25 Td (a ) Tj ET Q q 0 0 0 rg BT 416.33 574.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 460.84 574.25 Td (ef) Tj ET Q q 0 0 0 rg BT 468.43 574.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 485.71 574.25 Td (on ) Tj ET Q q 0 0 0 rg BT 498.00 574.25 Td (profitability ) Tj ET Q q 0 0 0 rg BT 548.06 574.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 562.25 Td (liquidity) Tj ET Q q 0 0 0 rg BT 87.24 562.25 Td (. ) Tj ET Q q 0 0 0 rg BT 91.12 562.25 Td (W) Tj ET Q q 0 0 0 rg BT 99.76 562.25 Td (e ) Tj ET Q q 0 0 0 rg BT 105.68 562.25 Td (centrally ) Tj ET Q q 0 0 0 rg BT 142.14 562.25 Td (manage ) Tj ET Q q 0 0 0 rg BT 174.72 562.25 Td (our ) Tj ET Q q 0 0 0 rg BT 189.53 562.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 228.78 562.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 248.03 562.25 Td (management, ) Tj ET Q q 0 0 0 rg BT 303.10 562.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 338.48 562.25 Td (and ) Tj ET Q q 0 0 0 rg BT 354.40 562.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 373.65 562.25 Td (flow ) Tj ET Q q 0 0 0 rg BT 393.47 562.25 Td (requirements ) Tj ET Q q 0 0 0 rg BT 447.15 562.25 Td (with ) Tj ET Q q 0 0 0 rg BT 466.41 562.25 Td (the ) Tj ET Q q 0 0 0 rg BT 480.11 562.25 Td (objective ) Tj ET Q q 0 0 0 rg BT 518.25 562.25 Td (of ) Tj ET Q q 0 0 0 rg BT 528.06 562.25 Td (ensuring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 550.25 Td (ef) Tj ET Q q 0 0 0 rg BT 61.59 550.25 Td (ficient ) Tj ET Q q 0 0 0 rg BT 89.63 550.25 Td (and ) Tj ET Q q 0 0 0 rg BT 106.57 550.25 Td (ef) Tj ET Q q 0 0 0 rg BT 114.16 550.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 143.87 550.25 Td (management ) Tj ET Q q 0 0 0 rg BT 197.46 550.25 Td (of ) Tj ET Q q 0 0 0 rg BT 208.29 550.25 Td (our ) Tj ET Q q 0 0 0 rg BT 224.12 550.25 Td (funds. ) Tj ET Q q 0 0 0 rg BT 251.17 550.25 Td (W) Tj ET Q q 0 0 0 rg BT 259.80 550.25 Td (e ) Tj ET Q q 0 0 0 rg BT 266.74 550.25 Td (believe ) Tj ET Q q 0 0 0 rg BT 298.12 550.25 Td (that ) Tj ET Q q 0 0 0 rg BT 315.62 550.25 Td (our ) Tj ET Q q 0 0 0 rg BT 331.45 550.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 351.72 550.25 Td (generation ) Tj ET Q q 0 0 0 rg BT 396.42 550.25 Td (together ) Tj ET Q q 0 0 0 rg BT 431.69 550.25 Td (with ) Tj ET Q q 0 0 0 rg BT 451.97 550.25 Td (our ) Tj ET Q q 0 0 0 rg BT 467.80 550.25 Td (current ) Tj ET Q q 0 0 0 rg BT 498.62 550.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 535.02 550.25 Td (will ) Tj ET Q q 0 0 0 rg BT 553.07 550.25 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 538.25 Td (suf) Tj ET Q q 0 0 0 rg BT 66.04 538.25 Td (ficient ) Tj ET Q q 0 0 0 rg BT 94.08 538.25 Td (to ) Tj ET Q q 0 0 0 rg BT 104.36 538.25 Td (meet ) Tj ET Q q 0 0 0 rg BT 126.29 538.25 Td (our ) Tj ET Q q 0 0 0 rg BT 142.13 538.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 189.07 538.25 Td (and ) Tj ET Q q 0 0 0 rg BT 206.01 538.25 Td (fund ) Tj ET Q q 0 0 0 rg BT 226.84 538.25 Td (our ) Tj ET Q q 0 0 0 rg BT 242.67 538.25 Td (business ) Tj ET Q q 0 0 0 rg BT 279.06 538.25 Td (and ) Tj ET Q q 0 0 0 rg BT 296.00 538.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 325.15 538.25 Td (expenditures.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 514.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 514.25 Td (See ) Tj ET Q q 0 0 0 rg BT 106.94 514.25 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 121.66 514.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 143.60 514.25 Td (Debt ) Tj ET Q q 0 0 0 rg BT 165.54 514.25 Td (and ) Tj ET Q q 0 0 0 rg BT 183.04 514.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 199.43 514.25 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 241.38 514.25 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.38 514.25 Td ( ) Tj ET Q q 0 0 0 rg BT 268.88 514.25 Td (section ) Tj ET Q q 0 0 0 rg BT 299.70 514.25 Td (below ) Tj ET Q q 0 0 0 rg BT 326.64 514.25 Td (for ) Tj ET Q q 0 0 0 rg BT 340.80 514.25 Td (further ) Tj ET Q q 0 0 0 rg BT 370.51 514.25 Td (details ) Tj ET Q q 0 0 0 rg BT 399.11 514.25 Td (relating ) Tj ET Q q 0 0 0 rg BT 432.15 514.25 Td (to ) Tj ET Q q 0 0 0 rg BT 442.43 514.25 Td (the ) Tj ET Q q 0 0 0 rg BT 457.15 514.25 Td (Group) Tj ET Q q 0 0 0 rg BT 485.48 514.25 Td (s ) Tj ET Q q 0 0 0 rg BT 491.87 514.25 Td (liquidity) Tj ET Q q 0 0 0 rg BT 525.11 514.25 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 490.25 Td (Cyclical ) Tj ET Q q 0 0 0 rg BT 89.82 490.25 Td (Nature ) Tj ET Q q 0 0 0 rg BT 121.21 490.25 Td (of ) Tj ET Q q 0 0 0 rg BT 132.04 490.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 151.22 490.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 174.84 490.25 Td (Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 466.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 466.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 108.50 466.25 Td (working ) Tj ET Q q 0 0 0 rg BT 144.77 466.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 174.37 466.25 Td (is ) Tj ET Q q 0 0 0 rg BT 183.99 466.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 215.26 466.25 Td (to ) Tj ET Q q 0 0 0 rg BT 225.98 466.25 Td (month ) Tj ET Q q 0 0 0 rg BT 254.48 466.25 Td (to ) Tj ET Q q 0 0 0 rg BT 265.21 466.25 Td (month ) Tj ET Q q 0 0 0 rg BT 293.71 466.25 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 343.87 466.25 Td (due ) Tj ET Q q 0 0 0 rg BT 361.25 466.25 Td (to, ) Tj ET Q q 0 0 0 rg BT 374.48 466.25 Td (among ) Tj ET Q q 0 0 0 rg BT 404.64 466.25 Td (others, ) Tj ET Q q 0 0 0 rg BT 434.52 466.25 Td (production ) Tj ET Q q 0 0 0 rg BT 480.79 466.25 Td (volumes, ) Tj ET Q q 0 0 0 rg BT 520.13 466.25 Td (funding ) Tj ET Q q 0 0 0 rg BT 554.18 466.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 454.25 Td (our ) Tj ET Q q 0 0 0 rg BT 70.83 454.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 109.31 454.25 Td (services ) Tj ET Q q 0 0 0 rg BT 145.02 454.25 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 186.01 454.25 Td (timing ) Tj ET Q q 0 0 0 rg BT 215.63 454.25 Td (of ) Tj ET Q q 0 0 0 rg BT 227.46 454.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 243.17 454.25 Td (payments ) Tj ET Q q 0 0 0 rg BT 285.00 454.25 Td (and ) Tj ET Q q 0 0 0 rg BT 302.94 454.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 333.09 454.25 Td (expenditure. ) Tj ET Q q 0 0 0 rg BT 386.29 454.25 Td (In ) Tj ET Q q 0 0 0 rg BT 398.12 454.25 Td (particular) Tj ET Q q 0 0 0 rg BT 436.03 454.25 Td (, ) Tj ET Q q 0 0 0 rg BT 442.03 454.25 Td (our ) Tj ET Q q 0 0 0 rg BT 458.86 454.25 Td (inventory ) Tj ET Q q 0 0 0 rg BT 500.68 454.25 Td (levels ) Tj ET Q q 0 0 0 rg BT 527.51 454.25 Td (typically ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 442.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 88.71 442.25 Td (in ) Tj ET Q q 0 0 0 rg BT 98.45 442.25 Td (the ) Tj ET Q q 0 0 0 rg BT 112.62 442.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 144.02 442.25 Td (leading ) Tj ET Q q 0 0 0 rg BT 175.41 442.25 Td (up ) Tj ET Q q 0 0 0 rg BT 187.37 442.25 Td (to ) Tj ET Q q 0 0 0 rg BT 197.11 442.25 Td (launches ) Tj ET Q q 0 0 0 rg BT 234.05 442.25 Td (of ) Tj ET Q q 0 0 0 rg BT 244.34 442.25 Td (new ) Tj ET Q q 0 0 0 rg BT 262.96 442.25 Td (models, ) Tj ET Q q 0 0 0 rg BT 296.30 442.25 Td (during ) Tj ET Q q 0 0 0 rg BT 324.37 442.25 Td (the ) Tj ET Q q 0 0 0 rg BT 338.54 442.25 Td (phase-out ) Tj ET Q q 0 0 0 rg BT 379.38 442.25 Td (of ) Tj ET Q q 0 0 0 rg BT 389.66 442.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 423.29 442.25 Td (models ) Tj ET Q q 0 0 0 rg BT 454.13 442.25 Td (and ) Tj ET Q q 0 0 0 rg BT 470.53 442.25 Td (at ) Tj ET Q q 0 0 0 rg BT 479.70 442.25 Td (the ) Tj ET Q q 0 0 0 rg BT 493.88 442.25 Td (end ) Tj ET Q q 0 0 0 rg BT 510.27 442.25 Td (of ) Tj ET Q q 0 0 0 rg BT 520.56 442.25 Td (the ) Tj ET Q q 0 0 0 rg BT 534.74 442.25 Td (second ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 430.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 84.82 430.25 Td (when ) Tj ET Q q 0 0 0 rg BT 108.98 430.25 Td (our ) Tj ET Q q 0 0 0 rg BT 124.81 430.25 Td (inventory ) Tj ET Q q 0 0 0 rg BT 165.63 430.25 Td (levels ) Tj ET Q q 0 0 0 rg BT 191.46 430.25 Td (are ) Tj ET Q q 0 0 0 rg BT 206.16 430.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 245.87 430.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 273.91 430.25 Td (to ) Tj ET Q q 0 0 0 rg BT 284.19 430.25 Td (support ) Tj ET Q q 0 0 0 rg BT 316.69 430.25 Td (the ) Tj ET Q q 0 0 0 rg BT 331.41 430.25 Td (summer ) Tj ET Q q 0 0 0 rg BT 366.12 430.25 Td (plant ) Tj ET Q q 0 0 0 rg BT 388.62 430.25 Td (shutdown.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 406.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 406.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.70 406.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 144.29 406.25 Td (of ) Tj ET Q q 0 0 0 rg BT 154.77 406.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 177.47 406.25 Td (also ) Tj ET Q q 0 0 0 rg BT 195.73 406.25 Td (af) Tj ET Q q 0 0 0 rg BT 203.32 406.25 Td (fects ) Tj ET Q q 0 0 0 rg BT 224.34 406.25 Td (our ) Tj ET Q q 0 0 0 rg BT 239.83 406.25 Td (working ) Tj ET Q q 0 0 0 rg BT 275.31 406.25 Td (capital. ) Tj ET Q q 0 0 0 rg BT 306.46 406.25 Td (W) Tj ET Q q 0 0 0 rg BT 315.09 406.25 Td (e ) Tj ET Q q 0 0 0 rg BT 321.69 406.25 Td (typically ) Tj ET Q q 0 0 0 rg BT 358.83 406.25 Td (pay ) Tj ET Q q 0 0 0 rg BT 375.42 406.25 Td (our ) Tj ET Q q 0 0 0 rg BT 390.90 406.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 413.60 406.25 Td (in ) Tj ET Q q 0 0 0 rg BT 423.53 406.25 Td (two ) Tj ET Q q 0 0 0 rg BT 440.68 406.25 Td (advances. ) Tj ET Q q 0 0 0 rg BT 481.98 406.25 Td (In ) Tj ET Q q 0 0 0 rg BT 492.46 406.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 517.12 406.25 Td (we ) Tj ET Q q 0 0 0 rg BT 530.93 406.25 Td (paid ) Tj ET Q q 0 0 0 rg BT 550.30 406.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 394.25 Td (remaining ) Tj ET Q q 0 0 0 rg BT 96.44 394.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 128.86 394.25 Td (of ) Tj ET Q q 0 0 0 rg BT 139.09 394.25 Td (2016 ) Tj ET Q q 0 0 0 rg BT 160.98 394.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 183.42 394.25 Td (as ) Tj ET Q q 0 0 0 rg BT 193.65 394.25 Td (well ) Tj ET Q q 0 0 0 rg BT 212.76 394.25 Td (as ) Tj ET Q q 0 0 0 rg BT 222.98 394.25 Td (the ) Tj ET Q q 0 0 0 rg BT 237.10 394.25 Td (first ) Tj ET Q q 0 0 0 rg BT 255.10 394.25 Td (advance ) Tj ET Q q 0 0 0 rg BT 289.75 394.25 Td (in ) Tj ET Q q 0 0 0 rg BT 299.42 394.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 331.86 394.25 Td (to ) Tj ET Q q 0 0 0 rg BT 341.53 394.25 Td (2017 ) Tj ET Q q 0 0 0 rg BT 363.42 394.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 385.87 394.25 Td (in ) Tj ET Q q 0 0 0 rg BT 395.54 394.25 Td (the ) Tj ET Q q 0 0 0 rg BT 409.65 394.25 Td (second ) Tj ET Q q 0 0 0 rg BT 439.31 394.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 467.23 394.25 Td (, ) Tj ET Q q 0 0 0 rg BT 471.62 394.25 Td (and ) Tj ET Q q 0 0 0 rg BT 487.96 394.25 Td (we ) Tj ET Q q 0 0 0 rg BT 501.51 394.25 Td (paid ) Tj ET Q q 0 0 0 rg BT 520.62 394.25 Td (the ) Tj ET Q q 0 0 0 rg BT 534.73 394.25 Td (second ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 382.25 Td (advance ) Tj ET Q q 0 0 0 rg BT 88.75 382.25 Td (in ) Tj ET Q q 0 0 0 rg BT 98.52 382.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 131.06 382.25 Td (to ) Tj ET Q q 0 0 0 rg BT 140.84 382.25 Td (2017 ) Tj ET Q q 0 0 0 rg BT 162.83 382.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 185.38 382.25 Td (in ) Tj ET Q q 0 0 0 rg BT 195.15 382.25 Td (the ) Tj ET Q q 0 0 0 rg BT 209.36 382.25 Td (fourth ) Tj ET Q q 0 0 0 rg BT 235.80 382.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 263.56 382.25 Td (. ) Tj ET Q q 0 0 0 rg BT 268.06 382.25 Td (In ) Tj ET Q q 0 0 0 rg BT 278.38 382.25 Td (the ) Tj ET Q q 0 0 0 rg BT 292.60 382.25 Td (second ) Tj ET Q q 0 0 0 rg BT 322.36 382.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 352.67 382.25 Td (of ) Tj ET Q q 0 0 0 rg BT 363.00 382.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 387.50 382.25 Td (we ) Tj ET Q q 0 0 0 rg BT 401.15 382.25 Td (paid ) Tj ET Q q 0 0 0 rg BT 420.36 382.25 Td (the ) Tj ET Q q 0 0 0 rg BT 434.58 382.25 Td (remaining ) Tj ET Q q 0 0 0 rg BT 477.12 382.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 509.64 382.25 Td (of ) Tj ET Q q 0 0 0 rg BT 519.97 382.25 Td (2017 ) Tj ET Q q 0 0 0 rg BT 541.97 382.25 Td (taxes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 370.25 Td (as ) Tj ET Q q 0 0 0 rg BT 65.51 370.25 Td (well ) Tj ET Q q 0 0 0 rg BT 85.90 370.25 Td (as ) Tj ET Q q 0 0 0 rg BT 97.41 370.25 Td (the ) Tj ET Q q 0 0 0 rg BT 112.80 370.25 Td (first ) Tj ET Q q 0 0 0 rg BT 132.09 370.25 Td (advance ) Tj ET Q q 0 0 0 rg BT 168.02 370.25 Td (in ) Tj ET Q q 0 0 0 rg BT 178.98 370.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 212.70 370.25 Td (to ) Tj ET Q q 0 0 0 rg BT 223.65 370.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 246.83 370.25 Td (taxes. ) Tj ET Q q 0 0 0 rg BT 272.35 370.25 Td (As ) Tj ET Q q 0 0 0 rg BT 286.65 370.25 Td (a ) Tj ET Q q 0 0 0 rg BT 294.26 370.25 Td (result ) Tj ET Q q 0 0 0 rg BT 319.66 370.25 Td (of ) Tj ET Q q 0 0 0 rg BT 331.16 370.25 Td (signingan ) Tj ET Q q 0 0 0 rg BT 375.73 370.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 420.55 370.25 Td (in ) Tj ET Q q 0 0 0 rg BT 431.50 370.25 Td (September ) Tj ET Q q 0 0 0 rg BT 477.44 370.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 500.62 370.25 Td (with ) Tj ET Q q 0 0 0 rg BT 521.58 370.25 Td (the ) Tj ET Q q 0 0 0 rg BT 536.97 370.25 Td (Italian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 358.25 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 90.96 358.25 Td (Agency ) Tj ET Q q 0 0 0 rg BT 124.60 358.25 Td (in ) Tj ET Q q 0 0 0 rg BT 134.92 358.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 168.00 358.25 Td (to ) Tj ET Q q 0 0 0 rg BT 178.32 358.25 Td (the ) Tj ET Q q 0 0 0 rg BT 193.07 358.25 Td (Patent ) Tj ET Q q 0 0 0 rg BT 220.61 358.25 Td (Box ) Tj ET Q q 0 0 0 rg BT 239.82 358.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 254.57 358.25 Td (regime, ) Tj ET Q q 0 0 0 rg BT 287.38 358.25 Td (we ) Tj ET Q q 0 0 0 rg BT 301.57 358.25 Td (do ) Tj ET Q q 0 0 0 rg BT 314.11 358.25 Td (not ) Tj ET Q q 0 0 0 rg BT 329.43 358.25 Td (expect ) Tj ET Q q 0 0 0 rg BT 358.06 358.25 Td (to ) Tj ET Q q 0 0 0 rg BT 368.38 358.25 Td (pay ) Tj ET Q q 0 0 0 rg BT 385.36 358.25 Td (the ) Tj ET Q q 0 0 0 rg BT 400.11 358.25 Td (second ) Tj ET Q q 0 0 0 rg BT 430.42 358.25 Td (advance ) Tj ET Q q 0 0 0 rg BT 465.71 358.25 Td (in ) Tj ET Q q 0 0 0 rg BT 476.03 358.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 509.11 358.25 Td (to ) Tj ET Q q 0 0 0 rg BT 519.43 358.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 541.97 358.25 Td (taxes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 346.25 Td (in ) Tj ET Q q 0 0 0 rg BT 64.88 346.25 Td (the ) Tj ET Q q 0 0 0 rg BT 80.19 346.25 Td (fourth ) Tj ET Q q 0 0 0 rg BT 107.73 346.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 139.15 346.25 Td (of ) Tj ET Q q 0 0 0 rg BT 150.58 346.25 Td (2018. ) Tj ET Q q 0 0 0 rg BT 176.18 346.25 Td (SeeNote ) Tj ET Q q 0 0 0 rg BT 215.65 346.25 Td (12 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 228.75 346.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 266.84 346.25 Td (T) Tj ET Q q 0 0 0 rg BT 271.49 346.25 Td (ax ) Tj ET Q q 0 0 0 rg BT 284.02 346.25 Td (\(Benefit\)/Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.66 346.25 Td (to ) Tj ET Q q 0 0 0 rg BT 374.04 346.25 Td (the ) Tj ET Q q 0 0 0 rg BT 389.35 346.25 Td (Interim ) Tj ET Q q 0 0 0 rg BT 421.89 346.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 469.43 346.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 525.30 346.25 Td (Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 334.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 100.38 334.25 Td (for ) Tj ET Q q 0 0 0 rg BT 114.54 334.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 157.03 334.25 Td (details ) Tj ET Q q 0 0 0 rg BT 185.64 334.25 Td (related ) Tj ET Q q 0 0 0 rg BT 215.34 334.25 Td (to ) Tj ET Q q 0 0 0 rg BT 225.62 334.25 Td (the ) Tj ET Q q 0 0 0 rg BT 240.33 334.25 Td (Patent ) Tj ET Q q 0 0 0 rg BT 267.83 334.25 Td (Box.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 310.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 310.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 108.09 310.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 137.28 310.25 Td (expenditure ) Tj ET Q q 0 0 0 rg BT 187.02 310.25 Td (requirements ) Tj ET Q q 0 0 0 rg BT 241.76 310.25 Td (are, ) Tj ET Q q 0 0 0 rg BT 259.01 310.25 Td (among ) Tj ET Q q 0 0 0 rg BT 288.76 310.25 Td (others, ) Tj ET Q q 0 0 0 rg BT 318.24 310.25 Td (influenced ) Tj ET Q q 0 0 0 rg BT 362.98 310.25 Td (by ) Tj ET Q q 0 0 0 rg BT 375.52 310.25 Td (the ) Tj ET Q q 0 0 0 rg BT 390.28 310.25 Td (timing ) Tj ET Q q 0 0 0 rg BT 418.93 310.25 Td (of ) Tj ET Q q 0 0 0 rg BT 429.80 310.25 Td (the ) Tj ET Q q 0 0 0 rg BT 444.56 310.25 Td (launch ) Tj ET Q q 0 0 0 rg BT 473.75 310.25 Td (of ) Tj ET Q q 0 0 0 rg BT 484.62 310.25 Td (new ) Tj ET Q q 0 0 0 rg BT 503.82 310.25 Td (models ) Tj ET Q q 0 0 0 rg BT 535.24 310.25 Td (and, ) Tj ET Q q 0 0 0 rg BT 554.72 310.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 298.25 Td (particular) Tj ET Q q 0 0 0 rg BT 91.91 298.25 Td (, ) Tj ET Q q 0 0 0 rg BT 96.88 298.25 Td (our ) Tj ET Q q 0 0 0 rg BT 112.67 298.25 Td (development ) Tj ET Q q 0 0 0 rg BT 166.79 298.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 189.26 298.25 Td (peak ) Tj ET Q q 0 0 0 rg BT 210.60 298.25 Td (in ) Tj ET Q q 0 0 0 rg BT 220.85 298.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 252.76 298.25 Td (when ) Tj ET Q q 0 0 0 rg BT 276.88 298.25 Td (we ) Tj ET Q q 0 0 0 rg BT 291.01 298.25 Td (develop ) Tj ET Q q 0 0 0 rg BT 325.13 298.25 Td (a ) Tj ET Q q 0 0 0 rg BT 332.04 298.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 376.72 298.25 Td (number ) Tj ET Q q 0 0 0 rg BT 409.73 298.25 Td (of ) Tj ET Q q 0 0 0 rg BT 420.53 298.25 Td (new ) Tj ET Q q 0 0 0 rg BT 439.66 298.25 Td (models ) Tj ET Q q 0 0 0 rg BT 471.01 298.25 Td (to ) Tj ET Q q 0 0 0 rg BT 481.26 298.25 Td (renew ) Tj ET Q q 0 0 0 rg BT 508.15 298.25 Td (or ) Tj ET Q q 0 0 0 rg BT 518.95 298.25 Td (refresh ) Tj ET Q q 0 0 0 rg BT 549.18 298.25 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 286.25 Td (product ) Tj ET Q q 0 0 0 rg BT 86.27 286.25 Td (range. ) Tj ET Q q 0 0 0 rg BT 112.69 286.25 Td (Going ) Tj ET Q q 0 0 0 rg BT 139.41 286.25 Td (forward, ) Tj ET Q q 0 0 0 rg BT 175.29 286.25 Td (our ) Tj ET Q q 0 0 0 rg BT 190.34 286.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 218.71 286.25 Td (expenditure ) Tj ET Q q 0 0 0 rg BT 267.63 286.25 Td (will ) Tj ET Q q 0 0 0 rg BT 284.91 286.25 Td (also ) Tj ET Q q 0 0 0 rg BT 302.73 286.25 Td (be ) Tj ET Q q 0 0 0 rg BT 313.89 286.25 Td (influenced ) Tj ET Q q 0 0 0 rg BT 357.81 286.25 Td (by ) Tj ET Q q 0 0 0 rg BT 369.54 286.25 Td (research ) Tj ET Q q 0 0 0 rg BT 404.56 286.25 Td (and ) Tj ET Q q 0 0 0 rg BT 420.72 286.25 Td (development ) Tj ET Q q 0 0 0 rg BT 474.09 286.25 Td (expenditure ) Tj ET Q q 0 0 0 rg BT 523.01 286.25 Td (to ) Tj ET Q q 0 0 0 rg BT 532.51 286.25 Td (support ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 274.25 Td (product ) Tj ET Q q 0 0 0 rg BT 86.31 274.25 Td (range ) Tj ET Q q 0 0 0 rg BT 110.27 274.25 Td (expansion. ) Tj ET Q q 0 0 0 rg BT 154.95 274.25 Td (W) Tj ET Q q 0 0 0 rg BT 163.59 274.25 Td (e ) Tj ET Q q 0 0 0 rg BT 169.79 274.25 Td (have ) Tj ET Q q 0 0 0 rg BT 190.42 274.25 Td (been ) Tj ET Q q 0 0 0 rg BT 211.06 274.25 Td (significantly ) Tj ET Q q 0 0 0 rg BT 262.81 274.25 Td (increasing ) Tj ET Q q 0 0 0 rg BT 305.66 274.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 334.07 274.25 Td (expenditure ) Tj ET Q q 0 0 0 rg BT 383.03 274.25 Td (in ) Tj ET Q q 0 0 0 rg BT 392.57 274.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 414.33 274.25 Td (and ) Tj ET Q q 0 0 0 rg BT 430.53 274.25 Td (we ) Tj ET Q q 0 0 0 rg BT 443.95 274.25 Td (expect ) Tj ET Q q 0 0 0 rg BT 471.80 274.25 Td (our ) Tj ET Q q 0 0 0 rg BT 486.89 274.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 515.30 274.25 Td (expenditure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 262.25 Td (will ) Tj ET Q q 0 0 0 rg BT 72.31 262.25 Td (continue ) Tj ET Q q 0 0 0 rg BT 109.49 262.25 Td (to ) Tj ET Q q 0 0 0 rg BT 120.02 262.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 155.52 262.25 Td (in ) Tj ET Q q 0 0 0 rg BT 166.05 262.25 Td (2019 ) Tj ET Q q 0 0 0 rg BT 188.79 262.25 Td (to ) Tj ET Q q 0 0 0 rg BT 199.32 262.25 Td (further ) Tj ET Q q 0 0 0 rg BT 229.28 262.25 Td (our ) Tj ET Q q 0 0 0 rg BT 245.36 262.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 291.99 262.25 Td (in ) Tj ET Q q 0 0 0 rg BT 302.52 262.25 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 331.37 262.25 Td (technology ) Tj ET Q q 0 0 0 rg BT 378.56 262.25 Td (and ) Tj ET Q q 0 0 0 rg BT 395.74 262.25 Td (fuel ) Tj ET Q q 0 0 0 rg BT 414.04 262.25 Td (future ) Tj ET Q q 0 0 0 rg BT 440.67 262.25 Td (growth. ) Tj ET Q q 0 0 0 rg BT 474.24 262.25 Td (Capital ) Tj ET Q q 0 0 0 rg BT 505.88 262.25 Td (expenditure ) Tj ET Q q 0 0 0 rg BT 555.83 262.25 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 250.25 Td (also ) Tj ET Q q 0 0 0 rg BT 72.45 250.25 Td (influenced ) Tj ET Q q 0 0 0 rg BT 116.99 250.25 Td (by ) Tj ET Q q 0 0 0 rg BT 129.33 250.25 Td (the ) Tj ET Q q 0 0 0 rg BT 143.89 250.25 Td (timing ) Tj ET Q q 0 0 0 rg BT 172.35 250.25 Td (of ) Tj ET Q q 0 0 0 rg BT 183.02 250.25 Td (research ) Tj ET Q q 0 0 0 rg BT 218.67 250.25 Td (and ) Tj ET Q q 0 0 0 rg BT 235.45 250.25 Td (development ) Tj ET Q q 0 0 0 rg BT 289.44 250.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 311.78 250.25 Td (for ) Tj ET Q q 0 0 0 rg BT 325.78 250.25 Td (our ) Tj ET Q q 0 0 0 rg BT 341.45 250.25 Td (Formula ) Tj ET Q q 0 0 0 rg BT 377.68 250.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 385.02 250.25 Td (activities, ) Tj ET Q q 0 0 0 rg BT 425.96 250.25 Td (for ) Tj ET Q q 0 0 0 rg BT 439.96 250.25 Td (which ) Tj ET Q q 0 0 0 rg BT 466.74 250.25 Td (expenditure ) Tj ET Q q 0 0 0 rg BT 516.29 250.25 Td (is ) Tj ET Q q 0 0 0 rg BT 525.30 250.25 Td (generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 238.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 82.05 238.25 Td (in ) Tj ET Q q 0 0 0 rg BT 92.33 238.25 Td (the ) Tj ET Q q 0 0 0 rg BT 107.04 238.25 Td (first ) Tj ET Q q 0 0 0 rg BT 125.65 238.25 Td (and ) Tj ET Q q 0 0 0 rg BT 142.59 238.25 Td (last ) Tj ET Q q 0 0 0 rg BT 158.98 238.25 Td (quarters ) Tj ET Q q 0 0 0 rg BT 193.68 238.25 Td (of ) Tj ET Q q 0 0 0 rg BT 204.51 238.25 Td (the ) Tj ET Q q 0 0 0 rg BT 219.23 238.25 Td (year) Tj ET Q q 0 0 0 rg BT 235.88 238.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 214.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 214.25 Td (W) Tj ET Q q 0 0 0 rg BT 98.64 214.25 Td (e ) Tj ET Q q 0 0 0 rg BT 105.42 214.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 144.96 214.25 Td (receive ) Tj ET Q q 0 0 0 rg BT 176.17 214.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 212.95 214.25 Td (for ) Tj ET Q q 0 0 0 rg BT 226.95 214.25 Td (cars ) Tj ET Q q 0 0 0 rg BT 245.39 214.25 Td (between ) Tj ET Q q 0 0 0 rg BT 281.05 214.25 Td (30 ) Tj ET Q q 0 0 0 rg BT 293.39 214.25 Td (and ) Tj ET Q q 0 0 0 rg BT 310.17 214.25 Td (40 ) Tj ET Q q 0 0 0 rg BT 322.51 214.25 Td (days ) Tj ET Q q 0 0 0 rg BT 343.19 214.25 Td (after ) Tj ET Q q 0 0 0 rg BT 363.85 214.25 Td (the ) Tj ET Q q 0 0 0 rg BT 378.41 214.25 Td (car ) Tj ET Q q 0 0 0 rg BT 392.96 214.25 Td (is ) Tj ET Q q 0 0 0 rg BT 401.97 214.25 Td (shipped ) Tj ET Q q 0 0 0 rg BT 435.42 214.25 Td (\(except ) Tj ET Q q 0 0 0 rg BT 467.19 214.25 Td (when ) Tj ET Q q 0 0 0 rg BT 491.19 214.25 Td (we ) Tj ET Q q 0 0 0 rg BT 505.19 214.25 Td (provide ) Tj ET Q q 0 0 0 rg BT 538.08 214.25 Td (dealer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 201.05 Td (financing ) Tj ET Q q 0 0 0 rg BT 94.61 201.05 Td (or ) Tj ET Q q 0 0 0 rg BT 105.78 201.05 Td (sell ) Tj ET Q q 0 0 0 rg BT 122.51 201.05 Td (invoices ) Tj ET Q q 0 0 0 rg BT 158.68 201.05 Td (to ) Tj ET Q q 0 0 0 rg BT 169.31 201.05 Td (a ) Tj ET Q q 0 0 0 rg BT 176.59 201.05 Td (factor\) ) Tj ET Q q 0 0 0 rg BT 206.08 201.05 Td (while ) Tj ET Q q 0 0 0 rg BT 231.14 201.05 Td (we ) Tj ET Q q 0 0 0 rg BT 245.64 201.05 Td (generally ) Tj ET Q q 0 0 0 rg BT 285.69 201.05 Td (pay ) Tj ET Q q 0 0 0 rg BT 302.97 201.05 Td (most ) Tj ET Q q 0 0 0 rg BT 325.26 201.05 Td (suppliers ) Tj ET Q q 0 0 0 rg BT 364.22 201.05 Td (between ) Tj ET Q q 0 0 0 rg BT 400.38 201.05 Td (60) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 410.38 201.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.51 201.05 Td (and ) Tj ET Q q 0 0 0 rg BT 430.79 201.05 Td (90) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 440.79 201.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.92 201.05 Td (days ) Tj ET Q q 0 0 0 rg BT 465.09 201.05 Td (after ) Tj ET Q q 0 0 0 rg BT 486.25 201.05 Td (we ) Tj ET Q q 0 0 0 rg BT 500.76 201.05 Td (receive ) Tj ET Q q 0 0 0 rg BT 532.46 201.05 Td (the ) Tj ET Q q 0 0 0 rg BT 547.52 201.05 Td (raw ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 189.05 Td (materials ) Tj ET Q q 0 0 0 rg BT 93.86 189.05 Td (or ) Tj ET Q q 0 0 0 rg BT 105.41 189.05 Td (components. ) Tj ET Q q 0 0 0 rg BT 158.74 189.05 Td (Additionally) Tj ET Q q 0 0 0 rg BT 208.64 189.05 Td (, ) Tj ET Q q 0 0 0 rg BT 214.35 189.05 Td (we ) Tj ET Q q 0 0 0 rg BT 229.22 189.05 Td (also ) Tj ET Q q 0 0 0 rg BT 248.54 189.05 Td (receive ) Tj ET Q q 0 0 0 rg BT 280.62 189.05 Td (advance ) Tj ET Q q 0 0 0 rg BT 316.59 189.05 Td (payments ) Tj ET Q q 0 0 0 rg BT 358.13 189.05 Td (from ) Tj ET Q q 0 0 0 rg BT 380.78 189.05 Td (our ) Tj ET Q q 0 0 0 rg BT 397.32 189.05 Td (customers, ) Tj ET Q q 0 0 0 rg BT 443.58 189.05 Td (mainly ) Tj ET Q q 0 0 0 rg BT 474.57 189.05 Td (for ) Tj ET Q q 0 0 0 rg BT 489.44 189.05 Td (our ) Tj ET Q q 0 0 0 rg BT 505.98 189.05 Td (hypercars ) Tj ET Q q 0 0 0 rg BT 548.06 189.05 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 177.05 Td (limited ) Tj ET Q q 0 0 0 rg BT 85.15 177.05 Td (edition ) Tj ET Q q 0 0 0 rg BT 115.74 177.05 Td (cars. ) Tj ET Q q 0 0 0 rg BT 136.95 177.05 Td (W) Tj ET Q q 0 0 0 rg BT 145.59 177.05 Td (e ) Tj ET Q q 0 0 0 rg BT 152.84 177.05 Td (maintain ) Tj ET Q q 0 0 0 rg BT 190.65 177.05 Td (suf) Tj ET Q q 0 0 0 rg BT 202.69 177.05 Td (ficient ) Tj ET Q q 0 0 0 rg BT 231.05 177.05 Td (inventory ) Tj ET Q q 0 0 0 rg BT 272.19 177.05 Td (of ) Tj ET Q q 0 0 0 rg BT 283.33 177.05 Td (raw ) Tj ET Q q 0 0 0 rg BT 301.14 177.05 Td (materials ) Tj ET Q q 0 0 0 rg BT 340.61 177.05 Td (and ) Tj ET Q q 0 0 0 rg BT 357.86 177.05 Td (components ) Tj ET Q q 0 0 0 rg BT 409.00 177.05 Td (to ) Tj ET Q q 0 0 0 rg BT 419.60 177.05 Td (ensure ) Tj ET Q q 0 0 0 rg BT 448.51 177.05 Td (continuity ) Tj ET Q q 0 0 0 rg BT 491.88 177.05 Td (of ) Tj ET Q q 0 0 0 rg BT 503.03 177.05 Td (our ) Tj ET Q q 0 0 0 rg BT 519.18 177.05 Td (production ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 165.05 Td (lines ) Tj ET Q q 0 0 0 rg BT 74.76 165.05 Td (but ) Tj ET Q q 0 0 0 rg BT 89.41 165.05 Td (delivery ) Tj ET Q q 0 0 0 rg BT 124.05 165.05 Td (of ) Tj ET Q q 0 0 0 rg BT 134.25 165.05 Td (most ) Tj ET Q q 0 0 0 rg BT 155.58 165.05 Td (raw ) Tj ET Q q 0 0 0 rg BT 172.44 165.05 Td (materials ) Tj ET Q q 0 0 0 rg BT 210.97 165.05 Td (and ) Tj ET Q q 0 0 0 rg BT 227.28 165.05 Td (components ) Tj ET Q q 0 0 0 rg BT 277.48 165.05 Td (takes ) Tj ET Q q 0 0 0 rg BT 299.90 165.05 Td (place ) Tj ET Q q 0 0 0 rg BT 322.87 165.05 Td (monthly ) Tj ET Q q 0 0 0 rg BT 358.08 165.05 Td (or ) Tj ET Q q 0 0 0 rg BT 368.28 165.05 Td (more ) Tj ET Q q 0 0 0 rg BT 390.70 165.05 Td (frequently ) Tj ET Q q 0 0 0 rg BT 433.67 165.05 Td (in ) Tj ET Q q 0 0 0 rg BT 443.32 165.05 Td (order ) Tj ET Q q 0 0 0 rg BT 466.29 165.05 Td (to ) Tj ET Q q 0 0 0 rg BT 475.95 165.05 Td (minimize ) Tj ET Q q 0 0 0 rg BT 515.59 165.05 Td (inventories. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 151.85 Td (The ) Tj ET Q q 0 0 0 rg BT 71.75 151.85 Td (manufacture ) Tj ET Q q 0 0 0 rg BT 123.93 151.85 Td (of ) Tj ET Q q 0 0 0 rg BT 134.47 151.85 Td (one ) Tj ET Q q 0 0 0 rg BT 151.11 151.85 Td (of ) Tj ET Q q 0 0 0 rg BT 161.65 151.85 Td (our ) Tj ET Q q 0 0 0 rg BT 177.18 151.85 Td (cars ) Tj ET Q q 0 0 0 rg BT 195.49 151.85 Td (typically ) Tj ET Q q 0 0 0 rg BT 232.68 151.85 Td (takes ) Tj ET Q q 0 0 0 rg BT 255.44 151.85 Td (between ) Tj ET Q q 0 0 0 rg BT 290.96 151.85 Td (30) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.96 151.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.38 151.85 Td (and ) Tj ET Q q 0 0 0 rg BT 320.03 151.85 Td (45) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 330.03 151.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.46 151.85 Td (days, ) Tj ET Q q 0 0 0 rg BT 355.49 151.85 Td (depending ) Tj ET Q q 0 0 0 rg BT 399.35 151.85 Td (on ) Tj ET Q q 0 0 0 rg BT 411.56 151.85 Td (the ) Tj ET Q q 0 0 0 rg BT 425.98 151.85 Td (level ) Tj ET Q q 0 0 0 rg BT 447.62 151.85 Td (of ) Tj ET Q q 0 0 0 rg BT 458.16 151.85 Td (automation ) Tj ET Q q 0 0 0 rg BT 505.35 151.85 Td (of ) Tj ET Q q 0 0 0 rg BT 515.89 151.85 Td (the ) Tj ET Q q 0 0 0 rg BT 530.31 151.85 Td (relevant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 139.85 Td (production ) Tj ET Q q 0 0 0 rg BT 99.40 139.85 Td (line, ) Tj ET Q q 0 0 0 rg BT 118.96 139.85 Td (and ) Tj ET Q q 0 0 0 rg BT 135.47 139.85 Td (the ) Tj ET Q q 0 0 0 rg BT 149.76 139.85 Td (car ) Tj ET Q q 0 0 0 rg BT 164.03 139.85 Td (is ) Tj ET Q q 0 0 0 rg BT 172.77 139.85 Td (generally ) Tj ET Q q 0 0 0 rg BT 212.05 139.85 Td (shipped ) Tj ET Q q 0 0 0 rg BT 245.23 139.85 Td (to ) Tj ET Q q 0 0 0 rg BT 255.07 139.85 Td (our ) Tj ET Q q 0 0 0 rg BT 270.47 139.85 Td (dealers ) Tj ET Q q 0 0 0 rg BT 300.86 139.85 Td (three ) Tj ET Q q 0 0 0 rg BT 322.92 139.85 Td (to ) Tj ET Q q 0 0 0 rg BT 332.76 139.85 Td (six ) Tj ET Q q 0 0 0 rg BT 346.50 139.85 Td (days ) Tj ET Q q 0 0 0 rg BT 366.91 139.85 Td (following ) Tj ET Q q 0 0 0 rg BT 407.86 139.85 Td (the ) Tj ET Q q 0 0 0 rg BT 422.15 139.85 Td (completion ) Tj ET Q q 0 0 0 rg BT 469.21 139.85 Td (of ) Tj ET Q q 0 0 0 rg BT 479.61 139.85 Td (production, ) Tj ET Q q 0 0 0 rg BT 527.51 139.85 Td (although ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 127.85 Td (to ) Tj ET Q q 0 0 0 rg BT 64.01 127.85 Td (ensure ) Tj ET Q q 0 0 0 rg BT 92.35 127.85 Td (prompt ) Tj ET Q q 0 0 0 rg BT 123.47 127.85 Td (deliveries ) Tj ET Q q 0 0 0 rg BT 164.58 127.85 Td (in ) Tj ET Q q 0 0 0 rg BT 174.59 127.85 Td (certain ) Tj ET Q q 0 0 0 rg BT 204.03 127.85 Td (regions ) Tj ET Q q 0 0 0 rg BT 235.70 127.85 Td (we ) Tj ET Q q 0 0 0 rg BT 249.60 127.85 Td (may ) Tj ET Q q 0 0 0 rg BT 269.05 127.85 Td (warehouse ) Tj ET Q q 0 0 0 rg BT 314.04 127.85 Td (cars ) Tj ET Q q 0 0 0 rg BT 332.38 127.85 Td (in ) Tj ET Q q 0 0 0 rg BT 342.39 127.85 Td (local ) Tj ET Q q 0 0 0 rg BT 364.06 127.85 Td (markets ) Tj ET Q q 0 0 0 rg BT 397.95 127.85 Td (for ) Tj ET Q q 0 0 0 rg BT 411.85 127.85 Td (longer ) Tj ET Q q 0 0 0 rg BT 439.63 127.85 Td (periods ) Tj ET Q q 0 0 0 rg BT 471.30 127.85 Td (of ) Tj ET Q q 0 0 0 rg BT 481.87 127.85 Td (time. ) Tj ET Q q 0 0 0 rg BT 503.88 127.85 Td (As ) Tj ET Q q 0 0 0 rg BT 517.23 127.85 Td (a ) Tj ET Q q 0 0 0 rg BT 523.91 127.85 Td (result, ) Tj ET Q q 0 0 0 rg BT 550.86 127.85 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 115.85 Td (tend ) Tj ET Q q 0 0 0 rg BT 73.80 115.85 Td (to ) Tj ET Q q 0 0 0 rg BT 84.16 115.85 Td (receive ) Tj ET Q q 0 0 0 rg BT 115.61 115.85 Td (payment ) Tj ET Q q 0 0 0 rg BT 152.63 115.85 Td (for ) Tj ET Q q 0 0 0 rg BT 166.87 115.85 Td (cars ) Tj ET Q q 0 0 0 rg BT 185.56 115.85 Td (shipped ) Tj ET Q q 0 0 0 rg BT 219.25 115.85 Td (before ) Tj ET Q q 0 0 0 rg BT 247.37 115.85 Td (we ) Tj ET Q q 0 0 0 rg BT 261.62 115.85 Td (are ) Tj ET Q q 0 0 0 rg BT 276.41 115.85 Td (required ) Tj ET Q q 0 0 0 rg BT 312.31 115.85 Td (to ) Tj ET Q q 0 0 0 rg BT 322.67 115.85 Td (make ) Tj ET Q q 0 0 0 rg BT 346.91 115.85 Td (payment ) Tj ET Q q 0 0 0 rg BT 383.93 115.85 Td (for ) Tj ET Q q 0 0 0 rg BT 398.17 115.85 Td (the ) Tj ET Q q 0 0 0 rg BT 412.97 115.85 Td (raw ) Tj ET Q q 0 0 0 rg BT 430.55 115.85 Td (material ) Tj ET Q q 0 0 0 rg BT 465.89 115.85 Td (and ) Tj ET Q q 0 0 0 rg BT 482.91 115.85 Td (components ) Tj ET Q q 0 0 0 rg BT 533.82 115.85 Td (used ) Tj ET Q q 0 0 0 rg BT 554.74 115.85 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 103.85 Td (manufacturing ) Tj ET Q q 0 0 0 rg BT 114.81 103.85 Td (the ) Tj ET Q q 0 0 0 rg BT 129.53 103.85 Td (cars.) Tj ET Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (21) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 742.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 77.62 742.25 Td (Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 718.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.88 718.25 Td (following ) Tj ET Q q 0 0 0 rg BT 149.10 718.25 Td (table ) Tj ET Q q 0 0 0 rg BT 170.87 718.25 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 220.97 718.25 Td (the ) Tj ET Q q 0 0 0 rg BT 235.52 718.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 255.63 718.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 280.19 718.25 Td (from/\(used ) Tj ET Q q 0 0 0 rg BT 326.40 718.25 Td (in\) ) Tj ET Q q 0 0 0 rg BT 339.84 718.25 Td (operating, ) Tj ET Q q 0 0 0 rg BT 382.44 718.25 Td (investing ) Tj ET Q q 0 0 0 rg BT 421.44 718.25 Td (and ) Tj ET Q q 0 0 0 rg BT 438.22 718.25 Td (financing ) Tj ET Q q 0 0 0 rg BT 478.31 718.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 516.75 718.25 Td (for ) Tj ET Q q 0 0 0 rg BT 530.74 718.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 718.25 Td (nine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 706.25 Td (months ) Tj ET Q q 0 0 0 rg BT 86.01 706.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 112.45 706.25 Td (September ) Tj ET Q q 0 0 0 rg BT 157.77 706.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 172.83 706.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.83 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 195.39 706.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.39 706.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.39 706.25 Td (. ) Tj ET Q q 0 0 0 rg BT 237.45 706.25 Td (For ) Tj ET Q q 0 0 0 rg BT 253.91 706.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 296.46 706.25 Td (details ) Tj ET Q q 0 0 0 rg BT 325.12 706.25 Td (of ) Tj ET Q q 0 0 0 rg BT 336.01 706.25 Td (our ) Tj ET Q q 0 0 0 rg BT 351.91 706.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 372.23 706.25 Td (flows, ) Tj ET Q q 0 0 0 rg BT 399.52 706.25 Td (see ) Tj ET Q q 0 0 0 rg BT 414.85 706.25 Td (our ) Tj ET Q q 0 0 0 rg BT 430.74 706.25 Td (Interim ) Tj ET Q q 0 0 0 rg BT 462.73 706.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 509.73 706.25 Td (Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 694.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 93.71 694.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 140.09 694.25 Td (included ) Tj ET Q q 0 0 0 rg BT 177.03 694.25 Td (elsewhere ) Tj ET Q q 0 0 0 rg BT 219.50 694.25 Td (in ) Tj ET Q q 0 0 0 rg BT 229.78 694.25 Td (this ) Tj ET Q q 0 0 0 rg BT 246.73 694.25 Td (Interim ) Tj ET Q q 0 0 0 rg BT 278.66 694.25 Td (Report.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 640.75 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 640.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 640.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 640.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 612.75 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 612.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 612.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 612.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 584.75 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 584.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 584.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 584.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 556.75 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 556.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 556.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 556.75 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 669.75 m 457.75 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.75 669.75 m 461.75 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 669.75 m 561.75 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 669.75 m 457.75 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 655.75 m 457.75 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 669.75 m 561.75 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 655.75 m 561.75 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 655.75 m 457.75 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 655.75 m 561.75 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 570.75 m 457.75 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 556.75 m 457.75 556.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 570.75 m 561.75 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 556.75 m 561.75 556.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 556.75 m 457.75 556.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 543.75 m 457.75 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 541.75 m 457.75 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 556.75 m 561.75 556.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 543.75 m 561.75 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 541.75 m 561.75 541.75 l s BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 674.61 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.25 674.20 Td (For) Tj ET Q q 0 0 0 rg BT 395.08 674.20 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 527.67 674.20 Td ( 30,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 660.61 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 660.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 660.20 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 645.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.85 645.21 Td (\( million\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 631.20 Td (Cash and cash equivalents at beginning of the period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 631.20 Td (648) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 631.20 Td (458) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 617.21 Td (Cash flows from operating activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 617.21 Td (619) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.75 617.21 Td (507) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 603.21 Td (Cash flows used in investing activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.75 603.21 Td (\(403) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.25 603.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 541.75 603.21 Td (\(239) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.25 603.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 589.21 Td (Cash flows used in financing activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.75 589.21 Td (\(1) Tj ET Q q 0 0 0 rg BT 445.25 589.21 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.25 589.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.25 589.21 Td (\(99) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.25 589.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 575.21 Td (T) Tj ET Q q 0 0 0 rg BT 61.43 575.21 Td (ranslation exchange dif) Tj ET Q q 0 0 0 rg BT 145.23 575.21 Td (ferences) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.75 575.21 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.25 575.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.75 575.21 Td (\(8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.25 575.21 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 561.70 Td (T) Tj ET Q q 0 0 0 rg BT 61.43 561.70 Td (otal change in cash and cash equivalents) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 561.70 Td (105) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 561.70 Td (161) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 547.20 Td (Cash and cash equivalents at end of the period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 547.70 Td (753) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 547.70 Td (619) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 507.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 507.25 Td (Operating ) Tj ET Q q 0 0 0 rg BT 133.43 507.25 Td (Activities ) Tj ET Q q 0 0 0 rg BT 173.13 507.25 Td (- ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 178.96 507.25 Td (Nine ) Tj ET Q q 0 0 0 rg BT 200.35 507.25 Td (Months ) Tj ET Q q 0 0 0 rg BT 232.85 507.25 Td (Ended ) Tj ET Q q 0 0 0 rg BT 260.90 507.25 Td (September ) Tj ET Q q 0 0 0 rg BT 305.61 507.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 320.61 507.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.61 507.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 483.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 483.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 108.25 483.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 128.73 483.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 153.65 483.25 Td (from ) Tj ET Q q 0 0 0 rg BT 175.79 483.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 216.26 483.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 255.06 483.25 Td (for ) Tj ET Q q 0 0 0 rg BT 269.42 483.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.34 483.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 304.26 483.25 Td (months ) Tj ET Q q 0 0 0 rg BT 336.41 483.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 362.99 483.25 Td (September ) Tj ET Q q 0 0 0 rg BT 408.46 483.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 423.66 483.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.66 483.25 Td ( ) Tj ET Q q 0 0 0 rg BT 446.36 483.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.49 483.25 Td (619 ) Tj ET Q q 0 0 0 rg BT 491.20 483.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.09 483.25 Td (, ) Tj ET Q q 0 0 0 rg BT 525.29 483.25 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 471.25 Td (the ) Tj ET Q q 0 0 0 rg BT 68.72 471.25 Td (result ) Tj ET Q q 0 0 0 rg BT 93.43 471.25 Td (of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 447.25 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 447.25 Td (profit ) Tj ET Q q 0 0 0 rg BT 115.25 447.25 Td (before ) Tj ET Q q 0 0 0 rg BT 143.81 447.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 167.39 447.25 Td (of ) Tj ET Q q 0 0 0 rg BT 178.75 447.25 Td (616 ) Tj ET Q q 0 0 0 rg BT 201.77 447.25 Td (million ) Tj ET Q q 0 0 0 rg BT 233.70 447.25 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 270.05 447.25 Td (for ) Tj ET Q q 0 0 0 rg BT 284.74 447.25 Td (210 ) Tj ET Q q 0 0 0 rg BT 307.77 447.25 Td (million ) Tj ET Q q 0 0 0 rg BT 339.69 447.25 Td (for ) Tj ET Q q 0 0 0 rg BT 354.38 447.25 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 406.82 447.25 Td (and ) Tj ET Q q 0 0 0 rg BT 424.29 447.25 Td (amortization ) Tj ET Q q 0 0 0 rg BT 477.86 447.25 Td (expense, ) Tj ET Q q 0 0 0 rg BT 515.59 447.25 Td (26 ) Tj ET Q q 0 0 0 rg BT 533.62 447.25 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 435.25 Td (related ) Tj ET Q q 0 0 0 rg BT 118.48 435.25 Td (to ) Tj ET Q q 0 0 0 rg BT 127.54 435.25 Td (other ) Tj ET Q q 0 0 0 rg BT 149.36 435.25 Td (net ) Tj ET Q q 0 0 0 rg BT 162.86 435.25 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 200.23 435.25 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 240.11 435.25 Td (result ) Tj ET Q q 0 0 0 rg BT 263.61 435.25 Td (from ) Tj ET Q q 0 0 0 rg BT 284.32 435.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 333.38 435.25 Td (and ) Tj ET Q q 0 0 0 rg BT 349.09 435.25 Td (net ) Tj ET Q q 0 0 0 rg BT 362.59 435.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 384.97 435.25 Td (on ) Tj ET Q q 0 0 0 rg BT 396.25 435.25 Td (disposals ) Tj ET Q q 0 0 0 rg BT 434.20 435.25 Td (of ) Tj ET Q q 0 0 0 rg BT 443.81 435.25 Td (property) Tj ET Q q 0 0 0 rg BT 477.04 435.25 Td (, ) Tj ET Q q 0 0 0 rg BT 480.81 435.25 Td (plant ) Tj ET Q q 0 0 0 rg BT 502.09 435.25 Td (and ) Tj ET Q q 0 0 0 rg BT 517.80 435.25 Td (equipment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 423.25 Td (15 ) Tj ET Q q 0 0 0 rg BT 107.50 423.25 Td (million ) Tj ET Q q 0 0 0 rg BT 138.89 423.25 Td (related ) Tj ET Q q 0 0 0 rg BT 168.59 423.25 Td (to ) Tj ET Q q 0 0 0 rg BT 178.87 423.25 Td (net ) Tj ET Q q 0 0 0 rg BT 193.59 423.25 Td (finance ) Tj ET Q q 0 0 0 rg BT 225.51 423.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 248.01 423.25 Td (and ) Tj ET Q q 0 0 0 rg BT 264.95 423.25 Td (6 ) Tj ET Q q 0 0 0 rg BT 277.45 423.25 Td (million ) Tj ET Q q 0 0 0 rg BT 308.84 423.25 Td (in ) Tj ET Q q 0 0 0 rg BT 319.12 423.25 Td (provisions ) Tj ET Q q 0 0 0 rg BT 363.29 423.25 Td (recognized.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 399.25 Td (These ) Tj ET Q q 0 0 0 rg BT 116.38 399.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 136.65 399.25 Td (inflows ) Tj ET Q q 0 0 0 rg BT 169.15 399.25 Td (were ) Tj ET Q q 0 0 0 rg BT 191.07 399.25 Td (partially ) Tj ET Q q 0 0 0 rg BT 226.89 399.25 Td (of) Tj ET Q q 0 0 0 rg BT 235.04 399.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 251.98 399.25 Td (by:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 375.25 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 375.25 Td (71 ) Tj ET Q q 0 0 0 rg BT 107.44 375.25 Td (million ) Tj ET Q q 0 0 0 rg BT 138.77 375.25 Td (related ) Tj ET Q q 0 0 0 rg BT 168.42 375.25 Td (to ) Tj ET Q q 0 0 0 rg BT 178.64 375.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 198.85 375.25 Td (absorbed ) Tj ET Q q 0 0 0 rg BT 237.39 375.25 Td (from ) Tj ET Q q 0 0 0 rg BT 259.27 375.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 306.68 375.25 Td (from ) Tj ET Q q 0 0 0 rg BT 328.56 375.25 Td (financing ) Tj ET Q q 0 0 0 rg BT 368.76 375.25 Td (activities, ) Tj ET Q q 0 0 0 rg BT 409.80 375.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 449.46 375.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 497.44 375.25 Td (to ) Tj ET Q q 0 0 0 rg BT 507.66 375.25 Td (an ) Tj ET Q q 0 0 0 rg BT 519.54 375.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 554.73 375.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 363.25 Td (the ) Tj ET Q q 0 0 0 rg BT 104.72 363.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 142.20 363.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 189.67 363.25 Td (portfolio;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 339.25 Td (\(iii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 339.25 Td (59 ) Tj ET Q q 0 0 0 rg BT 107.20 339.25 Td (million ) Tj ET Q q 0 0 0 rg BT 138.29 339.25 Td (relating ) Tj ET Q q 0 0 0 rg BT 171.03 339.25 Td (to ) Tj ET Q q 0 0 0 rg BT 181.01 339.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 200.97 339.25 Td (absorbed ) Tj ET Q q 0 0 0 rg BT 239.27 339.25 Td (by ) Tj ET Q q 0 0 0 rg BT 251.47 339.25 Td (the ) Tj ET Q q 0 0 0 rg BT 265.89 339.25 Td (change ) Tj ET Q q 0 0 0 rg BT 296.40 339.25 Td (in ) Tj ET Q q 0 0 0 rg BT 306.38 339.25 Td (other ) Tj ET Q q 0 0 0 rg BT 329.12 339.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 369.08 339.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 394.61 339.25 Td (and ) Tj ET Q q 0 0 0 rg BT 411.25 339.25 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 453.17 339.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 492.58 339.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 540.31 339.25 Td (to ) Tj ET Q q 0 0 0 rg BT 550.29 339.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 327.25 Td (release ) Tj ET Q q 0 0 0 rg BT 120.25 327.25 Td (of ) Tj ET Q q 0 0 0 rg BT 131.08 327.25 Td (advances ) Tj ET Q q 0 0 0 rg BT 170.23 327.25 Td (on ) Tj ET Q q 0 0 0 rg BT 182.73 327.25 Td (the ) Tj ET Q q 0 0 0 rg BT 197.45 327.25 Td (LaFerrari ) Tj ET Q q 0 0 0 rg BT 237.15 327.25 Td (Aperta ) Tj ET Q q 0 0 0 rg BT 266.86 327.25 Td (and ) Tj ET Q q 0 0 0 rg BT 283.79 327.25 Td (the ) Tj ET Q q 0 0 0 rg BT 298.51 327.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 335.44 327.25 Td (of ) Tj ET Q q 0 0 0 rg BT 346.27 327.25 Td (employee ) Tj ET Q q 0 0 0 rg BT 387.65 327.25 Td (bonuses;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 303.25 Td (\(iv\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 303.25 Td (25 ) Tj ET Q q 0 0 0 rg BT 107.25 303.25 Td (million ) Tj ET Q q 0 0 0 rg BT 138.39 303.25 Td (related ) Tj ET Q q 0 0 0 rg BT 167.84 303.25 Td (to ) Tj ET Q q 0 0 0 rg BT 177.86 303.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 197.88 303.25 Td (absorbed ) Tj ET Q q 0 0 0 rg BT 236.22 303.25 Td (from ) Tj ET Q q 0 0 0 rg BT 257.91 303.25 Td (the ) Tj ET Q q 0 0 0 rg BT 272.38 303.25 Td (net ) Tj ET Q q 0 0 0 rg BT 286.84 303.25 Td (change ) Tj ET Q q 0 0 0 rg BT 317.40 303.25 Td (in ) Tj ET Q q 0 0 0 rg BT 327.43 303.25 Td (inventories, ) Tj ET Q q 0 0 0 rg BT 376.61 303.25 Td (trade ) Tj ET Q q 0 0 0 rg BT 398.84 303.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 446.06 303.25 Td (and ) Tj ET Q q 0 0 0 rg BT 462.75 303.25 Td (trade ) Tj ET Q q 0 0 0 rg BT 484.98 303.25 Td (payables, ) Tj ET Q q 0 0 0 rg BT 524.71 303.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 552.51 303.25 Td (by ) Tj ET Q q 0 0 0 rg BT 565.01 303.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 291.25 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 102.81 291.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 123.95 291.25 Td (absorbed ) Tj ET Q q 0 0 0 rg BT 163.42 291.25 Td (by ) Tj ET Q q 0 0 0 rg BT 176.80 291.25 Td (trade ) Tj ET Q q 0 0 0 rg BT 200.16 291.25 Td (payables ) Tj ET Q q 0 0 0 rg BT 238.51 291.25 Td (of ) Tj ET Q q 0 0 0 rg BT 250.22 291.25 Td (63 ) Tj ET Q q 0 0 0 rg BT 268.59 291.25 Td (million ) Tj ET Q q 0 0 0 rg BT 300.86 291.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 332.00 291.25 Td (due ) Tj ET Q q 0 0 0 rg BT 349.81 291.25 Td (to ) Tj ET Q q 0 0 0 rg BT 360.96 291.25 Td (seasonality ) Tj ET Q q 0 0 0 rg BT 408.77 291.25 Td (and ) Tj ET Q q 0 0 0 rg BT 426.58 291.25 Td (the ) Tj ET Q q 0 0 0 rg BT 442.17 291.25 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 485.53 291.25 Td (summer ) Tj ET Q q 0 0 0 rg BT 521.12 291.25 Td (shutdown, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 279.25 Td (partially ) Tj ET Q q 0 0 0 rg BT 125.70 279.25 Td (of) Tj ET Q q 0 0 0 rg BT 133.85 279.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 150.67 279.25 Td (by ) Tj ET Q q 0 0 0 rg BT 163.05 279.25 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 177.65 279.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 197.80 279.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 239.05 279.25 Td (from ) Tj ET Q q 0 0 0 rg BT 260.87 279.25 Td (trade ) Tj ET Q q 0 0 0 rg BT 283.23 279.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 330.59 279.25 Td (of ) Tj ET Q q 0 0 0 rg BT 341.30 279.25 Td (33 ) Tj ET Q q 0 0 0 rg BT 358.68 279.25 Td (million ) Tj ET Q q 0 0 0 rg BT 389.95 279.25 Td (and ) Tj ET Q q 0 0 0 rg BT 406.77 279.25 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 424.15 279.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 444.30 279.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 485.55 279.25 Td (from ) Tj ET Q q 0 0 0 rg BT 507.37 279.25 Td (inventories ) Tj ET Q q 0 0 0 rg BT 554.18 279.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 267.25 Td (5 ) Tj ET Q q 0 0 0 rg BT 102.50 267.25 Td (million;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 243.25 Td (\(v\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 243.25 Td (10 ) Tj ET Q q 0 0 0 rg BT 107.50 243.25 Td (million ) Tj ET Q q 0 0 0 rg BT 138.89 243.25 Td (of ) Tj ET Q q 0 0 0 rg BT 149.72 243.25 Td (net ) Tj ET Q q 0 0 0 rg BT 164.44 243.25 Td (finance ) Tj ET Q q 0 0 0 rg BT 196.36 243.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 218.86 243.25 Td (paid; ) Tj ET Q q 0 0 0 rg BT 241.36 243.25 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 219.25 Td (\(vi\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 219.25 Td (89 ) Tj ET Q q 0 0 0 rg BT 107.50 219.25 Td (million ) Tj ET Q q 0 0 0 rg BT 138.89 219.25 Td (of ) Tj ET Q q 0 0 0 rg BT 149.72 219.25 Td (income ) Tj ET Q q 0 0 0 rg BT 181.66 219.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 204.70 219.25 Td (paid.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 183.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 183.25 Td (Operating ) Tj ET Q q 0 0 0 rg BT 133.43 183.25 Td (Activities ) Tj ET Q q 0 0 0 rg BT 173.13 183.25 Td (- ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 178.96 183.25 Td (Nine ) Tj ET Q q 0 0 0 rg BT 200.35 183.25 Td (Months ) Tj ET Q q 0 0 0 rg BT 232.85 183.25 Td (Ended ) Tj ET Q q 0 0 0 rg BT 260.90 183.25 Td (September ) Tj ET Q q 0 0 0 rg BT 305.61 183.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 320.61 183.25 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 340.61 183.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 159.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 159.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 108.25 159.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 128.73 159.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 153.65 159.25 Td (from ) Tj ET Q q 0 0 0 rg BT 175.79 159.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 216.26 159.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 255.06 159.25 Td (for ) Tj ET Q q 0 0 0 rg BT 269.42 159.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.34 159.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 304.26 159.25 Td (months ) Tj ET Q q 0 0 0 rg BT 336.41 159.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 362.99 159.25 Td (September ) Tj ET Q q 0 0 0 rg BT 408.46 159.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 423.66 159.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.66 159.25 Td ( ) Tj ET Q q 0 0 0 rg BT 446.36 159.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.49 159.25 Td (507 ) Tj ET Q q 0 0 0 rg BT 491.20 159.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.09 159.25 Td (, ) Tj ET Q q 0 0 0 rg BT 525.29 159.25 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 147.25 Td (the ) Tj ET Q q 0 0 0 rg BT 68.72 147.25 Td (result ) Tj ET Q q 0 0 0 rg BT 93.43 147.25 Td (of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 123.25 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 123.25 Td (profit ) Tj ET Q q 0 0 0 rg BT 115.25 123.25 Td (before ) Tj ET Q q 0 0 0 rg BT 143.81 123.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 167.39 123.25 Td (of ) Tj ET Q q 0 0 0 rg BT 178.75 123.25 Td (556 ) Tj ET Q q 0 0 0 rg BT 201.77 123.25 Td (million ) Tj ET Q q 0 0 0 rg BT 233.70 123.25 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 270.05 123.25 Td (for ) Tj ET Q q 0 0 0 rg BT 284.74 123.25 Td (197 ) Tj ET Q q 0 0 0 rg BT 307.77 123.25 Td (million ) Tj ET Q q 0 0 0 rg BT 339.69 123.25 Td (for ) Tj ET Q q 0 0 0 rg BT 354.38 123.25 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 406.82 123.25 Td (and ) Tj ET Q q 0 0 0 rg BT 424.29 123.25 Td (amortization ) Tj ET Q q 0 0 0 rg BT 477.86 123.25 Td (expense, ) Tj ET Q q 0 0 0 rg BT 515.59 123.25 Td (30 ) Tj ET Q q 0 0 0 rg BT 533.62 123.25 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 111.25 Td (related ) Tj ET Q q 0 0 0 rg BT 118.48 111.25 Td (to ) Tj ET Q q 0 0 0 rg BT 127.54 111.25 Td (other ) Tj ET Q q 0 0 0 rg BT 149.36 111.25 Td (net ) Tj ET Q q 0 0 0 rg BT 162.86 111.25 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 200.23 111.25 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 240.11 111.25 Td (result ) Tj ET Q q 0 0 0 rg BT 263.61 111.25 Td (from ) Tj ET Q q 0 0 0 rg BT 284.32 111.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 333.38 111.25 Td (and ) Tj ET Q q 0 0 0 rg BT 349.09 111.25 Td (net ) Tj ET Q q 0 0 0 rg BT 362.59 111.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 384.97 111.25 Td (on ) Tj ET Q q 0 0 0 rg BT 396.25 111.25 Td (disposals ) Tj ET Q q 0 0 0 rg BT 434.20 111.25 Td (of ) Tj ET Q q 0 0 0 rg BT 443.81 111.25 Td (property) Tj ET Q q 0 0 0 rg BT 477.04 111.25 Td (, ) Tj ET Q q 0 0 0 rg BT 480.81 111.25 Td (plant ) Tj ET Q q 0 0 0 rg BT 502.09 111.25 Td (and ) Tj ET Q q 0 0 0 rg BT 517.80 111.25 Td (equipment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 99.25 Td (25 ) Tj ET Q q 0 0 0 rg BT 107.50 99.25 Td (million ) Tj ET Q q 0 0 0 rg BT 138.89 99.25 Td (related ) Tj ET Q q 0 0 0 rg BT 168.59 99.25 Td (to ) Tj ET Q q 0 0 0 rg BT 178.87 99.25 Td (net ) Tj ET Q q 0 0 0 rg BT 193.59 99.25 Td (finance ) Tj ET Q q 0 0 0 rg BT 225.51 99.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 248.01 99.25 Td (and ) Tj ET Q q 0 0 0 rg BT 264.95 99.25 Td (21 ) Tj ET Q q 0 0 0 rg BT 282.45 99.25 Td (million ) Tj ET Q q 0 0 0 rg BT 313.84 99.25 Td (in ) Tj ET Q q 0 0 0 rg BT 324.12 99.25 Td (provision ) Tj ET Q q 0 0 0 rg BT 364.40 99.25 Td (accruals, ) Tj ET Q q 0 0 0 rg BT 402.15 99.25 Td (partially ) Tj ET Q q 0 0 0 rg BT 437.97 99.25 Td (of) Tj ET Q q 0 0 0 rg BT 446.12 99.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 463.06 99.25 Td (by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 75.25 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 75.25 Td (96 ) Tj ET Q q 0 0 0 rg BT 107.23 75.25 Td (million ) Tj ET Q q 0 0 0 rg BT 138.35 75.25 Td (related ) Tj ET Q q 0 0 0 rg BT 167.78 75.25 Td (to ) Tj ET Q q 0 0 0 rg BT 177.79 75.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 197.79 75.25 Td (absorbed ) Tj ET Q q 0 0 0 rg BT 236.11 75.25 Td (from ) Tj ET Q q 0 0 0 rg BT 257.78 75.25 Td (net ) Tj ET Q q 0 0 0 rg BT 272.23 75.25 Td (working ) Tj ET Q q 0 0 0 rg BT 307.79 75.25 Td (capital, ) Tj ET Q q 0 0 0 rg BT 339.17 75.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 366.94 75.25 Td (by ) Tj ET Q q 0 0 0 rg BT 379.17 75.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 399.17 75.25 Td (absorbed ) Tj ET Q q 0 0 0 rg BT 437.50 75.25 Td (from ) Tj ET Q q 0 0 0 rg BT 459.16 75.25 Td (inventories ) Tj ET Q q 0 0 0 rg BT 505.83 75.25 Td (of ) Tj ET Q q 0 0 0 rg BT 516.38 75.25 Td (55 ) Tj ET Q q 0 0 0 rg BT 533.61 75.25 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 63.25 Td (in ) Tj ET Q q 0 0 0 rg BT 100.18 63.25 Td (line ) Tj ET Q q 0 0 0 rg BT 117.58 63.25 Td (with ) Tj ET Q q 0 0 0 rg BT 137.77 63.25 Td (projected ) Tj ET Q q 0 0 0 rg BT 177.37 63.25 Td (volume ) Tj ET Q q 0 0 0 rg BT 209.77 63.25 Td (growth, ) Tj ET Q q 0 0 0 rg BT 243.01 63.25 Td (and ) Tj ET Q q 0 0 0 rg BT 259.85 63.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 280.02 63.25 Td (absorbed ) Tj ET Q q 0 0 0 rg BT 318.53 63.25 Td (from ) Tj ET Q q 0 0 0 rg BT 340.37 63.25 Td (trade ) Tj ET Q q 0 0 0 rg BT 362.76 63.25 Td (payables ) Tj ET Q q 0 0 0 rg BT 400.15 63.25 Td (of ) Tj ET Q q 0 0 0 rg BT 410.89 63.25 Td (41 ) Tj ET Q q 0 0 0 rg BT 428.29 63.25 Td (million ) Tj ET Q q 0 0 0 rg BT 459.59 63.25 Td (due ) Tj ET Q q 0 0 0 rg BT 476.43 63.25 Td (to ) Tj ET Q q 0 0 0 rg BT 486.61 63.25 Td (seasonality ) Tj ET Q q 0 0 0 rg BT 533.45 63.25 Td (and ) Tj ET Q q 0 0 0 rg BT 550.30 63.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 51.25 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 132.49 51.25 Td (summer ) Tj ET Q q 0 0 0 rg BT 167.20 51.25 Td (shutdown;) Tj ET Q endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 730.10 Td (\(iii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 730.10 Td (47 ) Tj ET Q q 0 0 0 rg BT 107.50 730.10 Td (million ) Tj ET Q q 0 0 0 rg BT 138.89 730.10 Td (related ) Tj ET Q q 0 0 0 rg BT 168.59 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 178.87 730.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 199.14 730.10 Td (absorbed ) Tj ET Q q 0 0 0 rg BT 237.74 730.10 Td (from ) Tj ET Q q 0 0 0 rg BT 259.68 730.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 307.15 730.10 Td (from ) Tj ET Q q 0 0 0 rg BT 329.09 730.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 369.35 730.10 Td (activities;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 706.10 Td (\(iv\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 706.10 Td (40 ) Tj ET Q q 0 0 0 rg BT 107.20 706.10 Td (million ) Tj ET Q q 0 0 0 rg BT 138.29 706.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 171.03 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 181.01 706.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 200.97 706.10 Td (absorbed ) Tj ET Q q 0 0 0 rg BT 239.27 706.10 Td (by ) Tj ET Q q 0 0 0 rg BT 251.47 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 265.89 706.10 Td (change ) Tj ET Q q 0 0 0 rg BT 296.40 706.10 Td (in ) Tj ET Q q 0 0 0 rg BT 306.38 706.10 Td (other ) Tj ET Q q 0 0 0 rg BT 329.12 706.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 369.08 706.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 394.61 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 411.25 706.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 453.17 706.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 492.58 706.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 540.31 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 550.29 706.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 694.10 Td (release ) Tj ET Q q 0 0 0 rg BT 119.30 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 129.18 694.10 Td (advances ) Tj ET Q q 0 0 0 rg BT 167.37 694.10 Td (on ) Tj ET Q q 0 0 0 rg BT 178.92 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 192.68 694.10 Td (LaFerrari ) Tj ET Q q 0 0 0 rg BT 231.64 694.10 Td (Aperta ) Tj ET Q q 0 0 0 rg BT 260.39 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 276.38 694.10 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 307.91 694.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 348.06 694.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 382.92 694.10 Td (of) Tj ET Q q 0 0 0 rg BT 391.07 694.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 407.06 694.10 Td (by ) Tj ET Q q 0 0 0 rg BT 418.61 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 432.37 694.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 466.67 694.10 Td (in ) Tj ET Q q 0 0 0 rg BT 476.00 694.10 Td (genuine ) Tj ET Q q 0 0 0 rg BT 509.20 694.10 Td (maintenance;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 670.10 Td (\(v\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 670.10 Td (28 ) Tj ET Q q 0 0 0 rg BT 107.50 670.10 Td (million ) Tj ET Q q 0 0 0 rg BT 138.89 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.72 670.10 Td (net ) Tj ET Q q 0 0 0 rg BT 164.44 670.10 Td (finance ) Tj ET Q q 0 0 0 rg BT 196.36 670.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 218.86 670.10 Td (paid; ) Tj ET Q q 0 0 0 rg BT 241.36 670.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 646.10 Td (\(vi\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 646.10 Td (1) Tj ET Q q 0 0 0 rg BT 99.63 646.10 Td (1) Tj ET Q q 0 0 0 rg BT 104.26 646.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 111.76 646.10 Td (million ) Tj ET Q q 0 0 0 rg BT 143.15 646.10 Td (of ) Tj ET Q q 0 0 0 rg BT 153.98 646.10 Td (income ) Tj ET Q q 0 0 0 rg BT 185.91 646.10 Td (taxes ) Tj ET Q q 0 0 0 rg BT 208.96 646.10 Td (paid.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 610.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 90.00 610.10 Td (Investing ) Tj ET Q q 0 0 0 rg BT 128.97 610.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.18 610.10 Td ( ) Tj ET Q q 0 0 0 rg BT 168.68 610.10 Td (- ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 174.51 610.10 Td (Nine ) Tj ET Q q 0 0 0 rg BT 195.90 610.10 Td (Months ) Tj ET Q q 0 0 0 rg BT 228.40 610.10 Td (Ended ) Tj ET Q q 0 0 0 rg BT 256.45 610.10 Td (September ) Tj ET Q q 0 0 0 rg BT 301.15 610.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 316.15 610.10 Td (2018) Tj ET Q BT /F3 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 586.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 107.86 586.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 127.94 586.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 152.48 586.10 Td (used ) Tj ET Q q 0 0 0 rg BT 173.12 586.10 Td (in ) Tj ET Q q 0 0 0 rg BT 183.21 586.10 Td (investing ) Tj ET Q q 0 0 0 rg BT 222.18 586.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 260.59 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 262.90 586.10 Td (for ) Tj ET Q q 0 0 0 rg BT 276.87 586.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.40 586.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 310.93 586.10 Td (months ) Tj ET Q q 0 0 0 rg BT 342.69 586.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 368.88 586.10 Td (September ) Tj ET Q q 0 0 0 rg BT 413.95 586.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 428.76 586.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.76 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 451.07 586.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.81 586.10 Td (403 ) Tj ET Q q 0 0 0 rg BT 495.12 586.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.02 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 526.33 586.10 Td (and ) Tj ET Q q 0 0 0 rg BT 543.08 586.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 574.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 98.57 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 109.82 574.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 122.17 574.10 Td (180 ) Tj ET Q q 0 0 0 rg BT 145.08 574.10 Td (million ) Tj ET Q q 0 0 0 rg BT 176.89 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 188.14 574.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 227.72 574.10 Td (to ) Tj ET Q q 0 0 0 rg BT 238.41 574.10 Td (property) Tj ET Q q 0 0 0 rg BT 271.64 574.10 Td (, ) Tj ET Q q 0 0 0 rg BT 277.05 574.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 299.96 574.10 Td (and ) Tj ET Q q 0 0 0 rg BT 317.32 574.10 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 364.94 574.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 405.07 574.10 Td (related ) Tj ET Q q 0 0 0 rg BT 435.19 574.10 Td (to ) Tj ET Q q 0 0 0 rg BT 445.88 574.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 468.79 574.10 Td (and ) Tj ET Q q 0 0 0 rg BT 486.14 574.10 Td (machinery ) Tj ET Q q 0 0 0 rg BT 531.26 574.10 Td (for ) Tj ET Q q 0 0 0 rg BT 545.84 574.10 Td (new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 562.10 Td (models ) Tj ET Q q 0 0 0 rg BT 86.22 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 104.00 562.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 119.55 562.10 Td (223 ) Tj ET Q q 0 0 0 rg BT 142.88 562.10 Td (million ) Tj ET Q q 0 0 0 rg BT 175.11 562.10 Td (of ) Tj ET Q q 0 0 0 rg BT 186.77 562.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 226.77 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 237.89 562.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 281.21 562.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 310.38 562.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 341.49 562.10 Td (related ) Tj ET Q q 0 0 0 rg BT 372.02 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 383.14 562.10 Td (externally ) Tj ET Q q 0 0 0 rg BT 426.45 562.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 464.21 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 481.98 562.10 Td (internally ) Tj ET Q q 0 0 0 rg BT 523.64 562.10 Td (generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 550.10 Td (development ) Tj ET Q q 0 0 0 rg BT 109.23 550.10 Td (costs. ) Tj ET Q q 0 0 0 rg BT 135.32 550.10 Td (For ) Tj ET Q q 0 0 0 rg BT 152.79 550.10 Td (a ) Tj ET Q q 0 0 0 rg BT 160.81 550.10 Td (detailed ) Tj ET Q q 0 0 0 rg BT 196.05 550.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 231.85 550.10 Td (of ) Tj ET Q q 0 0 0 rg BT 243.76 550.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 284.01 550.10 Td (to ) Tj ET Q q 0 0 0 rg BT 295.37 550.10 Td (property) Tj ET Q q 0 0 0 rg BT 328.60 550.10 Td (, ) Tj ET Q q 0 0 0 rg BT 334.68 550.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 358.26 550.10 Td (and ) Tj ET Q q 0 0 0 rg BT 376.28 550.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 422.07 550.10 Td (and ) Tj ET Q q 0 0 0 rg BT 440.09 550.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 483.67 550.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 510.58 550.10 Td (see ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 526.93 550.10 Td (Capital ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 538.10 Td (Expenditur) Tj ET Q q 0 0 0 rg BT 98.06 538.10 Td (es.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 502.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 502.10 Td (Investing ) Tj ET Q q 0 0 0 rg BT 128.97 502.10 Td (Activities ) Tj ET Q q 0 0 0 rg BT 168.68 502.10 Td (- ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 174.51 502.10 Td (Nine ) Tj ET Q q 0 0 0 rg BT 195.90 502.10 Td (Months ) Tj ET Q q 0 0 0 rg BT 228.40 502.10 Td (Ended ) Tj ET Q q 0 0 0 rg BT 256.45 502.10 Td (September ) Tj ET Q q 0 0 0 rg BT 301.15 502.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 316.15 502.10 Td (2017) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 478.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 478.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 107.86 478.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 127.94 478.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 152.48 478.10 Td (used ) Tj ET Q q 0 0 0 rg BT 173.12 478.10 Td (in ) Tj ET Q q 0 0 0 rg BT 183.21 478.10 Td (investing ) Tj ET Q q 0 0 0 rg BT 222.18 478.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 260.59 478.10 Td ( ) Tj ET Q q 0 0 0 rg BT 262.90 478.10 Td (for ) Tj ET Q q 0 0 0 rg BT 276.87 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 291.40 478.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 310.93 478.10 Td (months ) Tj ET Q q 0 0 0 rg BT 342.69 478.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 368.88 478.10 Td (September ) Tj ET Q q 0 0 0 rg BT 413.95 478.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 428.76 478.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 451.07 478.10 Td (were ) Tj ET Q q 0 0 0 rg BT 472.81 478.10 Td (239 ) Tj ET Q q 0 0 0 rg BT 495.12 478.10 Td (million ) Tj ET Q q 0 0 0 rg BT 526.33 478.10 Td (and ) Tj ET Q q 0 0 0 rg BT 543.08 478.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 466.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 97.81 466.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.30 466.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 119.90 466.10 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 124.90 466.10 Td (122) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 139.90 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 142.06 466.10 Td (million ) Tj ET Q q 0 0 0 rg BT 173.11 466.10 Td (of ) Tj ET Q q 0 0 0 rg BT 183.60 466.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 222.43 466.10 Td (to ) Tj ET Q q 0 0 0 rg BT 232.37 466.10 Td (property) Tj ET Q q 0 0 0 rg BT 265.59 466.10 Td (, ) Tj ET Q q 0 0 0 rg BT 270.25 466.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 292.41 466.10 Td (and ) Tj ET Q q 0 0 0 rg BT 309.01 466.10 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 355.88 466.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 395.25 466.10 Td (related ) Tj ET Q q 0 0 0 rg BT 424.61 466.10 Td (to ) Tj ET Q q 0 0 0 rg BT 434.55 466.10 Td (the ) Tj ET Q q 0 0 0 rg BT 448.93 466.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 471.08 466.10 Td (and ) Tj ET Q q 0 0 0 rg BT 487.68 466.10 Td (machinery ) Tj ET Q q 0 0 0 rg BT 532.04 466.10 Td (for ) Tj ET Q q 0 0 0 rg BT 545.86 466.10 Td (new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 454.10 Td (models ) Tj ET Q q 0 0 0 rg BT 84.86 454.10 Td (and ) Tj ET Q q 0 0 0 rg BT 101.28 454.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 126.58 454.10 Td (under ) Tj ET Q q 0 0 0 rg BT 151.33 454.10 Td (construction; ) Tj ET Q q 0 0 0 rg BT 205.52 454.10 Td (and ) Tj ET Q q 0 0 0 rg BT 221.93 454.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 236.13 454.10 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 241.13 454.10 Td (128) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 256.13 454.10 Td ( ) Tj ET Q q 0 0 0 rg BT 258.10 454.10 Td (million ) Tj ET Q q 0 0 0 rg BT 288.97 454.10 Td (of ) Tj ET Q q 0 0 0 rg BT 299.28 454.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 337.92 454.10 Td (to ) Tj ET Q q 0 0 0 rg BT 347.67 454.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 389.64 454.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 417.45 454.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 447.20 454.10 Td (related ) Tj ET Q q 0 0 0 rg BT 476.38 454.10 Td (to ) Tj ET Q q 0 0 0 rg BT 486.13 454.10 Td (externally ) Tj ET Q q 0 0 0 rg BT 528.09 454.10 Td (acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 442.10 Td (and ) Tj ET Q q 0 0 0 rg BT 70.35 442.10 Td (internally ) Tj ET Q q 0 0 0 rg BT 110.58 442.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 151.36 442.10 Td (development ) Tj ET Q q 0 0 0 rg BT 204.92 442.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 229.33 442.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 264.56 442.10 Td (of) Tj ET Q q 0 0 0 rg BT 272.71 442.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 289.06 442.10 Td (by ) Tj ET Q q 0 0 0 rg BT 300.97 442.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 317.88 442.10 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 322.88 442.10 Td (8) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 327.88 442.10 Td ( ) Tj ET Q q 0 0 0 rg BT 329.79 442.10 Td (million ) Tj ET Q q 0 0 0 rg BT 360.59 442.10 Td (of ) Tj ET Q q 0 0 0 rg BT 370.84 442.10 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 408.28 442.10 Td (from ) Tj ET Q q 0 0 0 rg BT 429.63 442.10 Td (exercising ) Tj ET Q q 0 0 0 rg BT 472.64 442.10 Td (the ) Tj ET Q q 0 0 0 rg BT 486.77 442.10 Td (Delta ) Tj ET Q q 0 0 0 rg BT 510.20 442.10 Td (T) Tj ET Q q 0 0 0 rg BT 515.61 442.10 Td (opco ) Tj ET Q q 0 0 0 rg BT 536.96 442.10 Td (option ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 430.10 Td (and ) Tj ET Q q 0 0 0 rg BT 70.98 430.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 87.95 430.10 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 92.95 430.10 Td (3) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 97.95 430.10 Td ( ) Tj ET Q q 0 0 0 rg BT 100.49 430.10 Td (million ) Tj ET Q q 0 0 0 rg BT 131.92 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 142.79 430.10 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 180.86 430.10 Td (from ) Tj ET Q q 0 0 0 rg BT 202.84 430.10 Td (disposal ) Tj ET Q q 0 0 0 rg BT 238.16 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 249.03 430.10 Td (property) Tj ET Q q 0 0 0 rg BT 282.25 430.10 Td (, ) Tj ET Q q 0 0 0 rg BT 287.29 430.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 309.82 430.10 Td (and ) Tj ET Q q 0 0 0 rg BT 326.80 430.10 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 374.05 430.10 Td (For ) Tj ET Q q 0 0 0 rg BT 390.48 430.10 Td (a ) Tj ET Q q 0 0 0 rg BT 397.46 430.10 Td (detailed ) Tj ET Q q 0 0 0 rg BT 431.65 430.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 466.40 430.10 Td (of ) Tj ET Q q 0 0 0 rg BT 477.27 430.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 516.47 430.10 Td (to ) Tj ET Q q 0 0 0 rg BT 526.79 430.10 Td (property) Tj ET Q q 0 0 0 rg BT 560.02 430.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 418.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 76.50 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 93.43 418.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 138.15 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 155.08 418.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 197.57 418.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 223.40 418.10 Td (see ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 238.67 418.10 Td (Capital ) Tj ET Q q 0 0 0 rg BT 276.74 418.10 Td (Expenditur) Tj ET Q q 0 0 0 rg BT 320.80 418.10 Td (es.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 382.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 382.10 Td (Financing ) Tj ET Q q 0 0 0 rg BT 133.42 382.10 Td (Activities ) Tj ET Q q 0 0 0 rg BT 173.13 382.10 Td (- ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 178.96 382.10 Td (Nine ) Tj ET Q q 0 0 0 rg BT 200.35 382.10 Td (Months ) Tj ET Q q 0 0 0 rg BT 232.85 382.10 Td (Ended ) Tj ET Q q 0 0 0 rg BT 260.89 382.10 Td (September ) Tj ET Q q 0 0 0 rg BT 305.60 382.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 320.60 382.10 Td (2018) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 358.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 358.10 Td (For ) Tj ET Q q 0 0 0 rg BT 106.79 358.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.90 358.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 142.02 358.10 Td (months ) Tj ET Q q 0 0 0 rg BT 174.36 358.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 201.14 358.10 Td (September ) Tj ET Q q 0 0 0 rg BT 246.80 358.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 262.19 358.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.19 358.10 Td (, ) Tj ET Q q 0 0 0 rg BT 287.59 358.10 Td (net ) Tj ET Q q 0 0 0 rg BT 302.70 358.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 323.37 358.10 Td (used ) Tj ET Q q 0 0 0 rg BT 344.60 358.10 Td (in ) Tj ET Q q 0 0 0 rg BT 355.27 358.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 395.93 358.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 434.93 358.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.38 358.10 Td (1) Tj ET Q q 0 0 0 rg BT 463.01 358.10 Td (10 ) Tj ET Q q 0 0 0 rg BT 475.90 358.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.79 358.10 Td (, ) Tj ET Q q 0 0 0 rg BT 510.19 358.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 550.30 358.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 346.10 Td (result ) Tj ET Q q 0 0 0 rg BT 78.72 346.10 Td (of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 322.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 83.94 322.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 322.10 Td (133 ) Tj ET Q q 0 0 0 rg BT 112.50 322.10 Td (million ) Tj ET Q q 0 0 0 rg BT 143.89 322.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 185.28 322.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 205.00 322.10 Td (to ) Tj ET Q q 0 0 0 rg BT 215.27 322.10 Td (owners ) Tj ET Q q 0 0 0 rg BT 246.66 322.10 Td (of ) Tj ET Q q 0 0 0 rg BT 257.49 322.10 Td (the ) Tj ET Q q 0 0 0 rg BT 272.20 322.10 Td (parent;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 298.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 90.00 298.10 Td (30 ) Tj ET Q q 0 0 0 rg BT 107.50 298.10 Td (million ) Tj ET Q q 0 0 0 rg BT 138.89 298.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 158.61 298.10 Td (to ) Tj ET Q q 0 0 0 rg BT 168.89 298.10 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 214.69 298.10 Td (common ) Tj ET Q q 0 0 0 rg BT 252.19 298.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 279.68 298.10 Td (under ) Tj ET Q q 0 0 0 rg BT 304.95 298.10 Td (the ) Tj ET Q q 0 0 0 rg BT 319.66 298.10 Td (Company) Tj ET Q q 0 0 0 rg BT 361.33 298.10 Td (s ) Tj ET Q q 0 0 0 rg BT 367.72 298.10 Td (share ) Tj ET Q q 0 0 0 rg BT 391.32 298.10 Td (buyback ) Tj ET Q q 0 0 0 rg BT 427.70 298.10 Td (program;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 274.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 89.50 274.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 274.10 Td (12 ) Tj ET Q q 0 0 0 rg BT 107.50 274.10 Td (million ) Tj ET Q q 0 0 0 rg BT 138.89 274.10 Td (related ) Tj ET Q q 0 0 0 rg BT 168.59 274.10 Td (to ) Tj ET Q q 0 0 0 rg BT 178.87 274.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.59 274.10 Td (net ) Tj ET Q q 0 0 0 rg BT 208.31 274.10 Td (change ) Tj ET Q q 0 0 0 rg BT 239.12 274.10 Td (in ) Tj ET Q q 0 0 0 rg BT 249.40 274.10 Td (other ) Tj ET Q q 0 0 0 rg BT 272.45 274.10 Td (debt;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 250.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 90.00 250.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 102.50 250.10 Td (million ) Tj ET Q q 0 0 0 rg BT 133.89 250.10 Td (related ) Tj ET Q q 0 0 0 rg BT 163.59 250.10 Td (to ) Tj ET Q q 0 0 0 rg BT 173.87 250.10 Td (the ) Tj ET Q q 0 0 0 rg BT 188.59 250.10 Td (net ) Tj ET Q q 0 0 0 rg BT 203.31 250.10 Td (change ) Tj ET Q q 0 0 0 rg BT 234.12 250.10 Td (in ) Tj ET Q q 0 0 0 rg BT 244.40 250.10 Td (other ) Tj ET Q q 0 0 0 rg BT 267.45 250.10 Td (bank ) Tj ET Q q 0 0 0 rg BT 289.38 250.10 Td (borrowings; ) Tj ET Q q 0 0 0 rg BT 340.21 250.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 226.10 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 90.00 226.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 102.50 226.10 Td (million ) Tj ET Q q 0 0 0 rg BT 133.89 226.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.72 226.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 186.11 226.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 205.83 226.10 Td (to ) Tj ET Q q 0 0 0 rg BT 216.10 226.10 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 280.82 226.10 Td (interests;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 202.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 202.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 125.82 202.10 Td (of) Tj ET Q q 0 0 0 rg BT 133.97 202.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 150.91 202.10 Td (by:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 178.10 Td (\(vi\) ) Tj ET Q q 0 0 0 rg BT 90.00 178.10 Td (69 ) Tj ET Q q 0 0 0 rg BT 107.50 178.10 Td (million ) Tj ET Q q 0 0 0 rg BT 138.89 178.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.72 178.10 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 187.76 178.10 Td (net ) Tj ET Q q 0 0 0 rg BT 202.48 178.10 Td (of ) Tj ET Q q 0 0 0 rg BT 213.31 178.10 Td (repayments ) Tj ET Q q 0 0 0 rg BT 261.90 178.10 Td (related ) Tj ET Q q 0 0 0 rg BT 291.60 178.10 Td (to ) Tj ET Q q 0 0 0 rg BT 301.88 178.10 Td (our ) Tj ET Q q 0 0 0 rg BT 317.71 178.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 358.54 178.10 Td (securitization ) Tj ET Q q 0 0 0 rg BT 414.90 178.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 455.17 178.10 Td (in ) Tj ET Q q 0 0 0 rg BT 465.45 178.10 Td (the ) Tj ET Q q 0 0 0 rg BT 480.17 178.10 Td (U.S..) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.00 142.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 142.10 Td (Financing ) Tj ET Q q 0 0 0 rg BT 133.42 142.10 Td (Activities ) Tj ET Q q 0 0 0 rg BT 173.13 142.10 Td (- ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 178.96 142.10 Td (Nine ) Tj ET Q q 0 0 0 rg BT 200.35 142.10 Td (Months ) Tj ET Q q 0 0 0 rg BT 232.85 142.10 Td (Ended ) Tj ET Q q 0 0 0 rg BT 260.89 142.10 Td (September ) Tj ET Q q 0 0 0 rg BT 305.60 142.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 320.60 142.10 Td (2017) Tj ET Q BT /F3 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 118.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 118.10 Td (For ) Tj ET Q q 0 0 0 rg BT 107.04 118.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.42 118.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 142.79 118.10 Td (months ) Tj ET Q q 0 0 0 rg BT 175.39 118.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 202.42 118.10 Td (September ) Tj ET Q q 0 0 0 rg BT 248.33 118.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 263.99 118.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 289.64 118.10 Td (net ) Tj ET Q q 0 0 0 rg BT 305.01 118.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 325.93 118.10 Td (used ) Tj ET Q q 0 0 0 rg BT 347.42 118.10 Td (in ) Tj ET Q q 0 0 0 rg BT 358.35 118.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 399.26 118.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 438.52 118.10 Td (was ) Tj ET Q q 0 0 0 rg BT 457.22 118.10 Td (99 ) Tj ET Q q 0 0 0 rg BT 475.38 118.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 509.92 118.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 550.29 118.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 106.10 Td (result ) Tj ET Q q 0 0 0 rg BT 78.72 106.10 Td (of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 82.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 83.94 82.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 82.10 Td (120 ) Tj ET Q q 0 0 0 rg BT 112.50 82.10 Td (million ) Tj ET Q q 0 0 0 rg BT 143.89 82.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 164.16 82.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 212.77 82.10 Td (of ) Tj ET Q q 0 0 0 rg BT 223.60 82.10 Td (reserves;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 58.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 86.72 58.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 58.10 Td (100 ) Tj ET Q q 0 0 0 rg BT 112.50 58.10 Td (million ) Tj ET Q q 0 0 0 rg BT 143.89 58.10 Td (repayment ) Tj ET Q q 0 0 0 rg BT 188.59 58.10 Td (of ) Tj ET Q q 0 0 0 rg BT 199.42 58.10 Td (the ) Tj ET Q q 0 0 0 rg BT 213.96 58.10 Td (T) Tj ET Q q 0 0 0 rg BT 219.37 58.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 237.42 58.10 Td (Loan;) Tj ET Q endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 742.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 89.50 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 742.10 Td (1) Tj ET Q q 0 0 0 rg BT 99.63 742.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 107.13 742.10 Td (million ) Tj ET Q q 0 0 0 rg BT 138.52 742.10 Td (related ) Tj ET Q q 0 0 0 rg BT 168.22 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 178.50 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.22 742.10 Td (net ) Tj ET Q q 0 0 0 rg BT 207.93 742.10 Td (change ) Tj ET Q q 0 0 0 rg BT 238.75 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 249.03 742.10 Td (other ) Tj ET Q q 0 0 0 rg BT 272.08 742.10 Td (debt; ) Tj ET Q q 0 0 0 rg BT 294.57 742.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 718.10 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 90.00 718.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 102.50 718.10 Td (million ) Tj ET Q q 0 0 0 rg BT 133.89 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.72 718.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 186.11 718.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 205.83 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 216.10 718.10 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 280.82 718.10 Td (interests; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 694.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 125.82 694.10 Td (of) Tj ET Q q 0 0 0 rg BT 133.97 694.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 150.91 694.10 Td (by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 670.10 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 90.00 670.10 Td (126 ) Tj ET Q q 0 0 0 rg BT 112.50 670.10 Td (million ) Tj ET Q q 0 0 0 rg BT 143.89 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 154.72 670.10 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 192.76 670.10 Td (net ) Tj ET Q q 0 0 0 rg BT 207.48 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 218.31 670.10 Td (repayments ) Tj ET Q q 0 0 0 rg BT 266.90 670.10 Td (related ) Tj ET Q q 0 0 0 rg BT 296.60 670.10 Td (to ) Tj ET Q q 0 0 0 rg BT 306.88 670.10 Td (our ) Tj ET Q q 0 0 0 rg BT 322.71 670.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 363.54 670.10 Td (securitization ) Tj ET Q q 0 0 0 rg BT 419.90 670.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 460.17 670.10 Td (in ) Tj ET Q q 0 0 0 rg BT 470.45 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 485.17 670.10 Td (U.S., ) Tj ET Q q 0 0 0 rg BT 507.95 670.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 646.10 Td (\(vi\) ) Tj ET Q q 0 0 0 rg BT 90.00 646.10 Td (7 ) Tj ET Q q 0 0 0 rg BT 102.50 646.10 Td (million ) Tj ET Q q 0 0 0 rg BT 133.89 646.10 Td (related ) Tj ET Q q 0 0 0 rg BT 163.59 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 173.87 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 188.59 646.10 Td (net ) Tj ET Q q 0 0 0 rg BT 203.31 646.10 Td (change ) Tj ET Q q 0 0 0 rg BT 234.12 646.10 Td (in ) Tj ET Q q 0 0 0 rg BT 244.40 646.10 Td (other ) Tj ET Q q 0 0 0 rg BT 267.45 646.10 Td (bank ) Tj ET Q q 0 0 0 rg BT 289.38 646.10 Td (borrowings.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 622.10 Td (Capital ) Tj ET Q q 0 0 0 rg BT 86.50 622.10 Td (Expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 598.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 598.10 Td (Capital ) Tj ET Q q 0 0 0 rg BT 120.82 598.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 173.86 598.10 Td (are ) Tj ET Q q 0 0 0 rg BT 188.01 598.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 219.93 598.10 Td (as ) Tj ET Q q 0 0 0 rg BT 230.20 598.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 249.91 598.10 Td (outflows ) Tj ET Q q 0 0 0 rg BT 286.85 598.10 Td (that ) Tj ET Q q 0 0 0 rg BT 303.79 598.10 Td (result ) Tj ET Q q 0 0 0 rg BT 327.95 598.10 Td (in ) Tj ET Q q 0 0 0 rg BT 337.67 598.10 Td (additions ) Tj ET Q q 0 0 0 rg BT 376.27 598.10 Td (to ) Tj ET Q q 0 0 0 rg BT 385.99 598.10 Td (property) Tj ET Q q 0 0 0 rg BT 419.22 598.10 Td (, ) Tj ET Q q 0 0 0 rg BT 423.66 598.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 445.60 598.10 Td (and ) Tj ET Q q 0 0 0 rg BT 461.98 598.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 506.13 598.10 Td (and ) Tj ET Q q 0 0 0 rg BT 522.51 598.10 Td (intangible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 586.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 83.00 586.10 Td (Capital ) Tj ET Q q 0 0 0 rg BT 115.06 586.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 169.32 586.10 Td (for ) Tj ET Q q 0 0 0 rg BT 184.16 586.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.55 586.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 219.94 586.10 Td (months ) Tj ET Q q 0 0 0 rg BT 252.56 586.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 279.61 586.10 Td (September ) Tj ET Q q 0 0 0 rg BT 325.54 586.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 341.22 586.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.22 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 364.39 586.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.99 586.10 Td (403 ) Tj ET Q q 0 0 0 rg BT 410.16 586.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.06 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 442.23 586.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.84 586.10 Td (250 ) Tj ET Q q 0 0 0 rg BT 483.01 586.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.90 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 515.08 586.10 Td (for ) Tj ET Q q 0 0 0 rg BT 529.91 586.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 586.10 Td (nine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 574.10 Td (months ) Tj ET Q q 0 0 0 rg BT 85.95 574.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 112.33 574.10 Td (September ) Tj ET Q q 0 0 0 rg BT 157.59 574.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 172.59 574.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.59 574.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 550.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 550.10 Td (The ) Tj ET Q q 0 0 0 rg BT 109.09 550.10 Td (following ) Tj ET Q q 0 0 0 rg BT 151.52 550.10 Td (table ) Tj ET Q q 0 0 0 rg BT 174.49 550.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 193.04 550.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 216.02 550.10 Td (a ) Tj ET Q q 0 0 0 rg BT 224.00 550.10 Td (breakdown ) Tj ET Q q 0 0 0 rg BT 271.97 550.10 Td (of ) Tj ET Q q 0 0 0 rg BT 283.84 550.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 314.04 550.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 368.67 550.10 Td (by ) Tj ET Q q 0 0 0 rg BT 382.21 550.10 Td (category ) Tj ET Q q 0 0 0 rg BT 420.18 550.10 Td (for ) Tj ET Q q 0 0 0 rg BT 435.38 550.10 Td (each ) Tj ET Q q 0 0 0 rg BT 457.24 550.10 Td (of ) Tj ET Q q 0 0 0 rg BT 469.11 550.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.87 550.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 505.63 550.10 Td (months ) Tj ET Q q 0 0 0 rg BT 538.62 550.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 538.10 Td (September ) Tj ET Q q 0 0 0 rg BT 99.26 538.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 114.26 538.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.26 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 136.76 538.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.70 538.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.70 538.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 484.60 304.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 484.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 484.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 484.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 454.60 304.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 454.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 454.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 454.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 424.60 304.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 424.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 424.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 424.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 394.60 304.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 394.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 394.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 394.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 364.60 304.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 364.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 364.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 364.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 334.60 304.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 334.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 334.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 334.60 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 513.6 m 457.75 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.75 513.6 m 461.75 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 513.6 m 561.75 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 513.6 m 457.75 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 499.6 m 457.75 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 513.6 m 561.75 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 499.6 m 561.75 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 499.6 m 457.75 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 499.6 m 561.75 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 424.6 m 457.75 424.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 409.6 m 457.75 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 424.6 m 561.75 424.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 409.6 m 561.75 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 334.6 m 457.75 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 319.6 m 457.75 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 334.6 m 561.75 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 319.6 m 561.75 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 305.6 m 457.75 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 303.6 m 457.75 303.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 319.6 m 561.75 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 305.6 m 561.75 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 303.6 m 561.75 303.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.25 518.05 Td (For) Tj ET Q q 0 0 0 rg BT 395.08 518.05 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 527.67 518.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 504.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 504.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.85 489.06 Td (\( million\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 474.05 Td (Intangible assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 459.06 Td (Externally acquired and internally generated development costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 459.06 Td (216) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.75 459.06 Td (1) Tj ET Q q 0 0 0 rg BT 549.25 459.06 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 444.06 Td (Patents, concessions and licenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.75 444.06 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 553.75 444.06 Td (7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 429.06 Td (Other intangible assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.75 429.06 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 553.75 429.06 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 414.05 Td (T) Tj ET Q q 0 0 0 rg BT 61.43 414.05 Td (otal intangible assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 414.05 Td (223) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 414.05 Td (128) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 399.05 Td (Pr) Tj ET Q q 0 0 0 rg BT 65.58 399.05 Td (operty) Tj ET Q q 0 0 0 rg BT 90.07 399.05 Td (, plant and equipment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 384.06 Td (Industrial buildings) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 384.06 Td (12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 553.75 384.06 Td (3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 369.06 Td (Plant, machinery and equipment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 369.06 Td (50) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.25 369.06 Td (52) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 354.06 Td (Other assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.75 354.06 Td (5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 553.75 354.06 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 339.06 Td (Advances and assets under construction) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 339.06 Td (1) Tj ET Q q 0 0 0 rg BT 445.25 339.06 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.25 339.06 Td (61) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 324.05 Td (T) Tj ET Q q 0 0 0 rg BT 61.43 324.05 Td (otal pr) Tj ET Q q 0 0 0 rg BT 87.01 324.05 Td (operty) Tj ET Q q 0 0 0 rg BT 111.51 324.05 Td (, plant and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 324.05 Td (180) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 324.05 Td (122) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 309.05 Td (T) Tj ET Q q 0 0 0 rg BT 61.43 309.05 Td (otal capital expenditur) Tj ET Q q 0 0 0 rg BT 148.26 309.05 Td (es) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 309.05 Td (403) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 309.05 Td (250) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 281.10 Td (Intangible ) Tj ET Q q 0 0 0 rg BT 97.60 281.10 Td (assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.50 281.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 257.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 257.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 107.86 257.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 136.82 257.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 190.23 257.10 Td (in ) Tj ET Q q 0 0 0 rg BT 200.32 257.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 242.62 257.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 268.26 257.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.00 257.10 Td (223 ) Tj ET Q q 0 0 0 rg BT 312.31 257.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.20 257.10 Td ( ) Tj ET Q q 0 0 0 rg BT 343.51 257.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.26 257.10 Td (128 ) Tj ET Q q 0 0 0 rg BT 382.57 257.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.47 257.10 Td ( ) Tj ET Q q 0 0 0 rg BT 413.78 257.10 Td (for ) Tj ET Q q 0 0 0 rg BT 427.75 257.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.28 257.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 461.80 257.10 Td (months ) Tj ET Q q 0 0 0 rg BT 493.56 257.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 519.75 257.10 Td (September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 245.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 68.67 245.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.67 245.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.83 245.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.44 245.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.44 245.10 Td (, ) Tj ET Q q 0 0 0 rg BT 132.10 245.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 179.76 245.10 Td (, ) Tj ET Q q 0 0 0 rg BT 184.43 245.10 Td (the ) Tj ET Q q 0 0 0 rg BT 198.81 245.10 Td (most ) Tj ET Q q 0 0 0 rg BT 220.42 245.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 264.80 245.10 Td (component ) Tj ET Q q 0 0 0 rg BT 311.40 245.10 Td (of ) Tj ET Q q 0 0 0 rg BT 321.90 245.10 Td (which ) Tj ET Q q 0 0 0 rg BT 348.50 245.10 Td (related ) Tj ET Q q 0 0 0 rg BT 377.87 245.10 Td (to ) Tj ET Q q 0 0 0 rg BT 387.81 245.10 Td (externally ) Tj ET Q q 0 0 0 rg BT 429.96 245.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 466.55 245.10 Td (and ) Tj ET Q q 0 0 0 rg BT 483.15 245.10 Td (internally ) Tj ET Q q 0 0 0 rg BT 523.64 245.10 Td (generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 233.10 Td (development ) Tj ET Q q 0 0 0 rg BT 107.38 233.10 Td (costs. ) Tj ET Q q 0 0 0 rg BT 131.62 233.10 Td (In ) Tj ET Q q 0 0 0 rg BT 141.68 233.10 Td (particular) Tj ET Q q 0 0 0 rg BT 179.59 233.10 Td (, ) Tj ET Q q 0 0 0 rg BT 183.82 233.10 Td (we ) Tj ET Q q 0 0 0 rg BT 197.21 233.10 Td (make ) Tj ET Q q 0 0 0 rg BT 220.60 233.10 Td (such ) Tj ET Q q 0 0 0 rg BT 240.66 233.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 290.17 233.10 Td (to ) Tj ET Q q 0 0 0 rg BT 299.68 233.10 Td (support ) Tj ET Q q 0 0 0 rg BT 331.41 233.10 Td (the ) Tj ET Q q 0 0 0 rg BT 345.36 233.10 Td (development ) Tj ET Q q 0 0 0 rg BT 398.74 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 408.81 233.10 Td (our ) Tj ET Q q 0 0 0 rg BT 423.87 233.10 Td (current ) Tj ET Q q 0 0 0 rg BT 453.92 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 470.09 233.10 Td (future ) Tj ET Q q 0 0 0 rg BT 495.70 233.10 Td (product ) Tj ET Q q 0 0 0 rg BT 527.98 233.10 Td (of) Tj ET Q q 0 0 0 rg BT 536.13 233.10 Td (fering. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 221.10 Td (The ) Tj ET Q q 0 0 0 rg BT 72.00 221.10 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 117.75 221.10 Td (development ) Tj ET Q q 0 0 0 rg BT 171.85 221.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 194.30 221.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 233.96 221.10 Td (include ) Tj ET Q q 0 0 0 rg BT 265.84 221.10 Td (materials ) Tj ET Q q 0 0 0 rg BT 304.94 221.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 327.39 221.10 Td (and ) Tj ET Q q 0 0 0 rg BT 344.28 221.10 Td (personnel ) Tj ET Q q 0 0 0 rg BT 385.60 221.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 424.15 221.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 457.14 221.10 Td (to ) Tj ET Q q 0 0 0 rg BT 467.37 221.10 Td (engineering, ) Tj ET Q q 0 0 0 rg BT 519.52 221.10 Td (design ) Tj ET Q q 0 0 0 rg BT 548.07 221.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 209.10 Td (development ) Tj ET Q q 0 0 0 rg BT 107.96 209.10 Td (focused ) Tj ET Q q 0 0 0 rg BT 141.38 209.10 Td (on ) Tj ET Q q 0 0 0 rg BT 153.69 209.10 Td (content ) Tj ET Q q 0 0 0 rg BT 185.44 209.10 Td (enhancement ) Tj ET Q q 0 0 0 rg BT 240.50 209.10 Td (of ) Tj ET Q q 0 0 0 rg BT 251.15 209.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 285.13 209.10 Td (cars ) Tj ET Q q 0 0 0 rg BT 303.54 209.10 Td (and ) Tj ET Q q 0 0 0 rg BT 320.29 209.10 Td (new ) Tj ET Q q 0 0 0 rg BT 339.27 209.10 Td (models. ) Tj ET Q q 0 0 0 rg BT 372.80 209.10 Td (W) Tj ET Q q 0 0 0 rg BT 381.44 209.10 Td (e ) Tj ET Q q 0 0 0 rg BT 388.19 209.10 Td (constantly ) Tj ET Q q 0 0 0 rg BT 431.61 209.10 Td (invest ) Tj ET Q q 0 0 0 rg BT 457.81 209.10 Td (in ) Tj ET Q q 0 0 0 rg BT 467.90 209.10 Td (product ) Tj ET Q q 0 0 0 rg BT 500.77 209.10 Td (development ) Tj ET Q q 0 0 0 rg BT 554.73 209.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 197.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 83.04 197.10 Td (we ) Tj ET Q q 0 0 0 rg BT 97.64 197.10 Td (can ) Tj ET Q q 0 0 0 rg BT 114.45 197.10 Td (quickly ) Tj ET Q q 0 0 0 rg BT 147.39 197.10 Td (and ) Tj ET Q q 0 0 0 rg BT 164.77 197.10 Td (ef) Tj ET Q q 0 0 0 rg BT 172.35 197.10 Td (ficiently ) Tj ET Q q 0 0 0 rg BT 208.61 197.10 Td (respond ) Tj ET Q q 0 0 0 rg BT 243.21 197.10 Td (to ) Tj ET Q q 0 0 0 rg BT 253.93 197.10 Td (market ) Tj ET Q q 0 0 0 rg BT 284.63 197.10 Td (demand ) Tj ET Q q 0 0 0 rg BT 319.23 197.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 347.72 197.10 Td (technological ) Tj ET Q q 0 0 0 rg BT 404.52 197.10 Td (breakthroughs ) Tj ET Q q 0 0 0 rg BT 464.67 197.10 Td (and ) Tj ET Q q 0 0 0 rg BT 482.05 197.10 Td (in ) Tj ET Q q 0 0 0 rg BT 492.76 197.10 Td (order ) Tj ET Q q 0 0 0 rg BT 516.80 197.10 Td (to ) Tj ET Q q 0 0 0 rg BT 527.52 197.10 Td (maintain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 185.10 Td (our ) Tj ET Q q 0 0 0 rg BT 69.83 185.10 Td (position ) Tj ET Q q 0 0 0 rg BT 104.56 185.10 Td (at ) Tj ET Q q 0 0 0 rg BT 114.27 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 128.99 185.10 Td (top ) Tj ET Q q 0 0 0 rg BT 144.27 185.10 Td (of ) Tj ET Q q 0 0 0 rg BT 155.10 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 169.82 185.10 Td (luxury ) Tj ET Q q 0 0 0 rg BT 198.42 185.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 251.45 185.10 Td (sports ) Tj ET Q q 0 0 0 rg BT 277.84 185.10 Td (cars ) Tj ET Q q 0 0 0 rg BT 296.44 185.10 Td (market. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 173.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 161.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 161.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.13 161.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 141.47 161.10 Td (in ) Tj ET Q q 0 0 0 rg BT 150.84 161.10 Td (externally ) Tj ET Q q 0 0 0 rg BT 192.41 161.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 228.42 161.10 Td (and ) Tj ET Q q 0 0 0 rg BT 244.44 161.10 Td (internally ) Tj ET Q q 0 0 0 rg BT 284.35 161.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 324.80 161.10 Td (development ) Tj ET Q q 0 0 0 rg BT 378.04 161.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 399.62 161.10 Td (reflects ) Tj ET Q q 0 0 0 rg BT 430.63 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 444.44 161.10 Td (gradual ) Tj ET Q q 0 0 0 rg BT 476.01 161.10 Td (introduction ) Tj ET Q q 0 0 0 rg BT 526.48 161.10 Td (of ) Tj ET Q q 0 0 0 rg BT 536.40 161.10 Td (hybrid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 149.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 101.96 149.10 Td (in ) Tj ET Q q 0 0 0 rg BT 113.27 149.10 Td (both ) Tj ET Q q 0 0 0 rg BT 134.57 149.10 Td (our ) Tj ET Q q 0 0 0 rg BT 151.43 149.10 Td (sports ) Tj ET Q q 0 0 0 rg BT 178.85 149.10 Td (and ) Tj ET Q q 0 0 0 rg BT 196.81 149.10 Td (GT) Tj ET Q q 0 0 0 rg BT 209.96 149.10 Td ( ) Tj ET Q q 0 0 0 rg BT 213.49 149.10 Td (cars. ) Tj ET Q q 0 0 0 rg BT 235.36 149.10 Td (W) Tj ET Q q 0 0 0 rg BT 244.00 149.10 Td (e ) Tj ET Q q 0 0 0 rg BT 251.96 149.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 284.36 149.10 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 314.00 149.10 Td (technology ) Tj ET Q q 0 0 0 rg BT 361.96 149.10 Td (will ) Tj ET Q q 0 0 0 rg BT 381.04 149.10 Td (be ) Tj ET Q q 0 0 0 rg BT 394.00 149.10 Td (key ) Tj ET Q q 0 0 0 rg BT 411.97 149.10 Td (to ) Tj ET Q q 0 0 0 rg BT 423.28 149.10 Td (providing ) Tj ET Q q 0 0 0 rg BT 465.69 149.10 Td (continuing ) Tj ET Q q 0 0 0 rg BT 511.99 149.10 Td (performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 137.10 Td (upgrades ) Tj ET Q q 0 0 0 rg BT 92.73 137.10 Td (to ) Tj ET Q q 0 0 0 rg BT 103.13 137.10 Td (our ) Tj ET Q q 0 0 0 rg BT 119.09 137.10 Td (sports ) Tj ET Q q 0 0 0 rg BT 145.61 137.10 Td (car ) Tj ET Q q 0 0 0 rg BT 160.44 137.10 Td (customers, ) Tj ET Q q 0 0 0 rg BT 206.11 137.10 Td (and ) Tj ET Q q 0 0 0 rg BT 223.18 137.10 Td (will ) Tj ET Q q 0 0 0 rg BT 241.36 137.10 Td (also ) Tj ET Q q 0 0 0 rg BT 260.10 137.10 Td (help ) Tj ET Q q 0 0 0 rg BT 279.94 137.10 Td (us ) Tj ET Q q 0 0 0 rg BT 291.46 137.10 Td (capture ) Tj ET Q q 0 0 0 rg BT 323.51 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 338.36 137.10 Td (preferences ) Tj ET Q q 0 0 0 rg BT 387.06 137.10 Td (of ) Tj ET Q q 0 0 0 rg BT 398.01 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 412.86 137.10 Td (urban, ) Tj ET Q q 0 0 0 rg BT 440.75 137.10 Td (af) Tj ET Q q 0 0 0 rg BT 448.34 137.10 Td (fluent ) Tj ET Q q 0 0 0 rg BT 474.29 137.10 Td (purchasers ) Tj ET Q q 0 0 0 rg BT 519.68 137.10 Td (of ) Tj ET Q q 0 0 0 rg BT 530.64 137.10 Td (GT) Tj ET Q q 0 0 0 rg BT 543.79 137.10 Td ( ) Tj ET Q q 0 0 0 rg BT 546.41 137.10 Td (cars ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 125.10 Td (whom ) Tj ET Q q 0 0 0 rg BT 81.50 125.10 Td (we ) Tj ET Q q 0 0 0 rg BT 95.66 125.10 Td (are ) Tj ET Q q 0 0 0 rg BT 110.37 125.10 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 161.74 125.10 Td (tar) Tj ET Q q 0 0 0 rg BT 172.11 125.10 Td (geting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 101.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 101.10 Td (For ) Tj ET Q q 0 0 0 rg BT 105.83 101.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.98 101.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 139.13 101.10 Td (months ) Tj ET Q q 0 0 0 rg BT 170.52 101.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 196.33 101.10 Td (September ) Tj ET Q q 0 0 0 rg BT 241.03 101.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 255.47 101.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.47 101.10 Td ( ) Tj ET Q q 0 0 0 rg BT 277.40 101.10 Td (we ) Tj ET Q q 0 0 0 rg BT 291.00 101.10 Td (invested ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.26 101.10 Td (216 ) Tj ET Q q 0 0 0 rg BT 348.20 101.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.09 101.10 Td ( ) Tj ET Q q 0 0 0 rg BT 379.02 101.10 Td (in ) Tj ET Q q 0 0 0 rg BT 388.74 101.10 Td (externally ) Tj ET Q q 0 0 0 rg BT 430.65 101.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 467.01 101.10 Td (and ) Tj ET Q q 0 0 0 rg BT 483.39 101.10 Td (internally ) Tj ET Q q 0 0 0 rg BT 523.65 101.10 Td (generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 87.90 Td (development ) Tj ET Q q 0 0 0 rg BT 107.49 87.90 Td (costs, ) Tj ET Q q 0 0 0 rg BT 131.83 87.90 Td (of ) Tj ET Q q 0 0 0 rg BT 142.00 87.90 Td (which ) Tj ET Q q 0 0 0 rg BT 168.28 87.90 Td (163) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 188.28 87.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.30 87.90 Td (million ) Tj ET Q q 0 0 0 rg BT 221.03 87.90 Td (related ) Tj ET Q q 0 0 0 rg BT 250.08 87.90 Td (to ) Tj ET Q q 0 0 0 rg BT 259.69 87.90 Td (the ) Tj ET Q q 0 0 0 rg BT 273.75 87.90 Td (development ) Tj ET Q q 0 0 0 rg BT 327.24 87.90 Td (of ) Tj ET Q q 0 0 0 rg BT 337.41 87.90 Td (models ) Tj ET Q q 0 0 0 rg BT 368.14 87.90 Td (to ) Tj ET Q q 0 0 0 rg BT 377.75 87.90 Td (be ) Tj ET Q q 0 0 0 rg BT 389.03 87.90 Td (launched ) Tj ET Q q 0 0 0 rg BT 426.97 87.90 Td (in ) Tj ET Q q 0 0 0 rg BT 436.58 87.90 Td (future ) Tj ET Q q 0 0 0 rg BT 462.30 87.90 Td (years, ) Tj ET Q q 0 0 0 rg BT 487.74 87.90 Td (45 ) Tj ET Q q 0 0 0 rg BT 504.58 87.90 Td (million ) Tj ET Q q 0 0 0 rg BT 535.31 87.90 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 75.90 Td (to ) Tj ET Q q 0 0 0 rg BT 64.28 75.90 Td (components ) Tj ET Q q 0 0 0 rg BT 115.10 75.90 Td (and ) Tj ET Q q 0 0 0 rg BT 132.04 75.90 Td (8 ) Tj ET Q q 0 0 0 rg BT 144.54 75.90 Td (million ) Tj ET Q q 0 0 0 rg BT 175.93 75.90 Td (related ) Tj ET Q q 0 0 0 rg BT 205.64 75.90 Td (to ) Tj ET Q q 0 0 0 rg BT 215.91 75.90 Td (the ) Tj ET Q q 0 0 0 rg BT 230.63 75.90 Td (development ) Tj ET Q q 0 0 0 rg BT 284.78 75.90 Td (of ) Tj ET Q q 0 0 0 rg BT 295.61 75.90 Td (models ) Tj ET Q q 0 0 0 rg BT 327.00 75.90 Td (in ) Tj ET Q q 0 0 0 rg BT 337.28 75.90 Td (our ) Tj ET Q q 0 0 0 rg BT 353.11 75.90 Td (current ) Tj ET Q q 0 0 0 rg BT 383.92 75.90 Td (product ) Tj ET Q q 0 0 0 rg BT 416.97 75.90 Td (portfolio.) Tj ET Q endstream endobj 59 0 obj <> endobj 60 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 742.10 Td (For ) Tj ET Q q 0 0 0 rg BT 105.85 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 120.02 742.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 139.20 742.10 Td (months ) Tj ET Q q 0 0 0 rg BT 170.61 742.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 196.44 742.10 Td (September ) Tj ET Q q 0 0 0 rg BT 241.16 742.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 255.62 742.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 277.58 742.10 Td (we ) Tj ET Q q 0 0 0 rg BT 291.20 742.10 Td (invested ) Tj ET Q q 0 0 0 rg BT 326.48 742.10 Td (1) Tj ET Q q 0 0 0 rg BT 336.11 742.10 Td (19 ) Tj ET Q q 0 0 0 rg BT 348.07 742.10 Td (million ) Tj ET Q q 0 0 0 rg BT 378.92 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 388.65 742.10 Td (externally ) Tj ET Q q 0 0 0 rg BT 430.59 742.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 466.97 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 483.37 742.10 Td (internally ) Tj ET Q q 0 0 0 rg BT 523.65 742.10 Td (generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 730.10 Td (development ) Tj ET Q q 0 0 0 rg BT 108.51 730.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 133.87 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 145.06 730.10 Td (which ) Tj ET Q q 0 0 0 rg BT 172.36 730.10 Td (77 ) Tj ET Q q 0 0 0 rg BT 190.23 730.10 Td (million ) Tj ET Q q 0 0 0 rg BT 221.98 730.10 Td (related ) Tj ET Q q 0 0 0 rg BT 252.04 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 262.68 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 277.76 730.10 Td (development ) Tj ET Q q 0 0 0 rg BT 332.27 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 343.46 730.10 Td (models ) Tj ET Q q 0 0 0 rg BT 375.21 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 385.85 730.10 Td (be ) Tj ET Q q 0 0 0 rg BT 398.15 730.10 Td (launched ) Tj ET Q q 0 0 0 rg BT 437.11 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 447.75 730.10 Td (future ) Tj ET Q q 0 0 0 rg BT 474.48 730.10 Td (years ) Tj ET Q q 0 0 0 rg BT 498.44 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 515.74 730.10 Td (42 ) Tj ET Q q 0 0 0 rg BT 533.60 730.10 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 718.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 93.71 718.10 Td (related ) Tj ET Q q 0 0 0 rg BT 123.41 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 133.69 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 148.41 718.10 Td (development ) Tj ET Q q 0 0 0 rg BT 202.56 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 213.39 718.10 Td (range ) Tj ET Q q 0 0 0 rg BT 238.10 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 255.04 718.10 Td (special ) Tj ET Q q 0 0 0 rg BT 285.30 718.10 Td (series ) Tj ET Q q 0 0 0 rg BT 310.57 718.10 Td (cars ) Tj ET Q q 0 0 0 rg BT 329.17 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 346.10 718.10 Td (components.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 682.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 63.63 682.10 Td (operty) Tj ET Q q 0 0 0 rg BT 88.62 682.10 Td (, ) Tj ET Q q 0 0 0 rg BT 93.62 682.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 116.68 682.10 Td (and ) Tj ET Q q 0 0 0 rg BT 134.18 682.10 Td (equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 658.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 107.38 658.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 135.87 658.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 188.79 658.10 Td (in ) Tj ET Q q 0 0 0 rg BT 198.40 658.10 Td (property) Tj ET Q q 0 0 0 rg BT 231.63 658.10 Td (, ) Tj ET Q q 0 0 0 rg BT 235.96 658.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 257.79 658.10 Td (and ) Tj ET Q q 0 0 0 rg BT 274.06 658.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 318.11 658.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.37 658.10 Td (180 ) Tj ET Q q 0 0 0 rg BT 361.20 658.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.09 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 391.93 658.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.20 658.10 Td (122 ) Tj ET Q q 0 0 0 rg BT 430.03 658.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.92 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 460.75 658.10 Td (for ) Tj ET Q q 0 0 0 rg BT 474.25 658.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.29 658.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 507.34 658.10 Td (months ) Tj ET Q q 0 0 0 rg BT 538.63 658.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 646.10 Td (September ) Tj ET Q q 0 0 0 rg BT 98.80 646.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 113.34 646.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.34 646.10 Td ( ) Tj ET Q q 0 0 0 rg BT 135.38 646.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.86 646.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.86 646.10 Td (, ) Tj ET Q q 0 0 0 rg BT 176.40 646.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 224.06 646.10 Td (. ) Tj ET Q q 0 0 0 rg BT 228.59 646.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 246.19 646.10 Td (most ) Tj ET Q q 0 0 0 rg BT 267.67 646.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 311.92 646.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 361.73 646.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 400.98 646.10 Td (relate ) Tj ET Q q 0 0 0 rg BT 425.22 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 435.03 646.10 Td (plant, ) Tj ET Q q 0 0 0 rg BT 459.57 646.10 Td (machinery ) Tj ET Q q 0 0 0 rg BT 503.81 646.10 Td (and ) Tj ET Q q 0 0 0 rg BT 520.28 646.10 Td (equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 634.10 Td (for ) Tj ET Q q 0 0 0 rg BT 68.67 634.10 Td (our ) Tj ET Q q 0 0 0 rg BT 85.02 634.10 Td (car ) Tj ET Q q 0 0 0 rg BT 100.24 634.10 Td (production ) Tj ET Q q 0 0 0 rg BT 146.58 634.10 Td (and ) Tj ET Q q 0 0 0 rg BT 164.03 634.10 Td (engine ) Tj ET Q q 0 0 0 rg BT 193.70 634.10 Td (assembly ) Tj ET Q q 0 0 0 rg BT 233.93 634.10 Td (lines, ) Tj ET Q q 0 0 0 rg BT 258.33 634.10 Td (as ) Tj ET Q q 0 0 0 rg BT 269.68 634.10 Td (well ) Tj ET Q q 0 0 0 rg BT 289.91 634.10 Td (as ) Tj ET Q q 0 0 0 rg BT 301.25 634.10 Td (advances ) Tj ET Q q 0 0 0 rg BT 340.91 634.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.36 634.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 384.71 634.10 Td (under ) Tj ET Q q 0 0 0 rg BT 410.49 634.10 Td (construction ) Tj ET Q q 0 0 0 rg BT 462.94 634.10 Td (related ) Tj ET Q q 0 0 0 rg BT 493.16 634.10 Td (to ) Tj ET Q q 0 0 0 rg BT 503.95 634.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 554.74 634.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 622.10 Td (industrial ) Tj ET Q q 0 0 0 rg BT 94.27 622.10 Td (tools ) Tj ET Q q 0 0 0 rg BT 116.22 622.10 Td (used ) Tj ET Q q 0 0 0 rg BT 137.05 622.10 Td (for ) Tj ET Q q 0 0 0 rg BT 151.21 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.93 622.10 Td (production ) Tj ET Q q 0 0 0 rg BT 211.75 622.10 Td (of ) Tj ET Q q 0 0 0 rg BT 222.58 622.10 Td (cars.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 598.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 598.10 Td (Investments ) Tj ET Q q 0 0 0 rg BT 141.34 598.10 Td (in ) Tj ET Q q 0 0 0 rg BT 152.13 598.10 Td (plant, ) Tj ET Q q 0 0 0 rg BT 177.63 598.10 Td (machinery ) Tj ET Q q 0 0 0 rg BT 222.85 598.10 Td (and ) Tj ET Q q 0 0 0 rg BT 240.30 598.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 285.52 598.10 Td (amounted ) Tj ET Q q 0 0 0 rg BT 327.97 598.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.76 598.10 Td (50 ) Tj ET Q q 0 0 0 rg BT 356.77 598.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.66 598.10 Td ( ) Tj ET Q q 0 0 0 rg BT 388.67 598.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.12 598.10 Td (52 ) Tj ET Q q 0 0 0 rg BT 424.13 598.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.03 598.10 Td ( ) Tj ET Q q 0 0 0 rg BT 456.04 598.10 Td (for ) Tj ET Q q 0 0 0 rg BT 470.71 598.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.94 598.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 506.17 598.10 Td (months ) Tj ET Q q 0 0 0 rg BT 538.63 598.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 586.10 Td (September ) Tj ET Q q 0 0 0 rg BT 98.96 586.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 113.66 586.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.66 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 135.86 586.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.49 586.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.49 586.10 Td (, ) Tj ET Q q 0 0 0 rg BT 177.19 586.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 224.85 586.10 Td (. ) Tj ET Q q 0 0 0 rg BT 229.55 586.10 Td (For ) Tj ET Q q 0 0 0 rg BT 245.64 586.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.05 586.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 279.46 586.10 Td (months ) Tj ET Q q 0 0 0 rg BT 311.11 586.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 337.18 586.10 Td (September ) Tj ET Q q 0 0 0 rg BT 382.14 586.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 396.84 586.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.84 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 419.04 586.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 469.01 586.10 Td (in ) Tj ET Q q 0 0 0 rg BT 478.99 586.10 Td (plant, ) Tj ET Q q 0 0 0 rg BT 503.68 586.10 Td (machinery ) Tj ET Q q 0 0 0 rg BT 548.08 586.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 574.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 98.52 574.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.16 574.10 Td (50 ) Tj ET Q q 0 0 0 rg BT 126.48 574.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.37 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 157.68 574.10 Td (were ) Tj ET Q q 0 0 0 rg BT 179.42 574.10 Td (composed ) Tj ET Q q 0 0 0 rg BT 222.28 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 232.92 574.10 Td (25 ) Tj ET Q q 0 0 0 rg BT 250.23 574.10 Td (million ) Tj ET Q q 0 0 0 rg BT 281.43 574.10 Td (principally ) Tj ET Q q 0 0 0 rg BT 327.06 574.10 Td (related ) Tj ET Q q 0 0 0 rg BT 356.57 574.10 Td (to ) Tj ET Q q 0 0 0 rg BT 366.66 574.10 Td (industrial ) Tj ET Q q 0 0 0 rg BT 406.75 574.10 Td (tools ) Tj ET Q q 0 0 0 rg BT 428.51 574.10 Td (needed ) Tj ET Q q 0 0 0 rg BT 459.13 574.10 Td (for ) Tj ET Q q 0 0 0 rg BT 473.11 574.10 Td (the ) Tj ET Q q 0 0 0 rg BT 487.63 574.10 Td (production ) Tj ET Q q 0 0 0 rg BT 533.27 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 543.91 574.10 Td (cars, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 562.10 Td (17 ) Tj ET Q q 0 0 0 rg BT 72.07 562.10 Td (million ) Tj ET Q q 0 0 0 rg BT 104.03 562.10 Td (related ) Tj ET Q q 0 0 0 rg BT 134.31 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 145.16 562.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 196.00 562.10 Td (in ) Tj ET Q q 0 0 0 rg BT 206.85 562.10 Td (car ) Tj ET Q q 0 0 0 rg BT 222.13 562.10 Td (production ) Tj ET Q q 0 0 0 rg BT 268.53 562.10 Td (lines, ) Tj ET Q q 0 0 0 rg BT 292.98 562.10 Td (6 ) Tj ET Q q 0 0 0 rg BT 306.06 562.10 Td (million ) Tj ET Q q 0 0 0 rg BT 338.02 562.10 Td (related ) Tj ET Q q 0 0 0 rg BT 368.29 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 379.14 562.10 Td (our ) Tj ET Q q 0 0 0 rg BT 395.54 562.10 Td (personalization ) Tj ET Q q 0 0 0 rg BT 459.70 562.10 Td (programs, ) Tj ET Q q 0 0 0 rg BT 503.04 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 520.55 562.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 533.62 562.10 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 550.10 Td (related ) Tj ET Q q 0 0 0 rg BT 83.39 550.10 Td (to ) Tj ET Q q 0 0 0 rg BT 93.37 550.10 Td (engine ) Tj ET Q q 0 0 0 rg BT 122.21 550.10 Td (assembly ) Tj ET Q q 0 0 0 rg BT 161.62 550.10 Td (lines. ) Tj ET Q q 0 0 0 rg BT 185.20 550.10 Td (For ) Tj ET Q q 0 0 0 rg BT 201.29 550.10 Td (the ) Tj ET Q q 0 0 0 rg BT 215.69 550.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 235.10 550.10 Td (months ) Tj ET Q q 0 0 0 rg BT 266.74 550.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 292.81 550.10 Td (September ) Tj ET Q q 0 0 0 rg BT 337.77 550.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 352.46 550.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 374.65 550.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 424.62 550.10 Td (in ) Tj ET Q q 0 0 0 rg BT 434.59 550.10 Td (plant, ) Tj ET Q q 0 0 0 rg BT 459.28 550.10 Td (machinery ) Tj ET Q q 0 0 0 rg BT 503.67 550.10 Td (and ) Tj ET Q q 0 0 0 rg BT 520.30 550.10 Td (equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 65.08 538.10 Td (52 ) Tj ET Q q 0 0 0 rg BT 82.83 538.10 Td (million ) Tj ET Q q 0 0 0 rg BT 114.47 538.10 Td (were ) Tj ET Q q 0 0 0 rg BT 136.65 538.10 Td (composed ) Tj ET Q q 0 0 0 rg BT 179.95 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 191.03 538.10 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 196.03 538.10 Td (40) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 206.03 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 208.78 538.10 Td (million ) Tj ET Q q 0 0 0 rg BT 240.42 538.10 Td (related ) Tj ET Q q 0 0 0 rg BT 270.38 538.10 Td (to ) Tj ET Q q 0 0 0 rg BT 280.90 538.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 331.43 538.10 Td (in ) Tj ET Q q 0 0 0 rg BT 341.96 538.10 Td (industrial ) Tj ET Q q 0 0 0 rg BT 382.48 538.10 Td (tooling ) Tj ET Q q 0 0 0 rg BT 413.57 538.10 Td (needed ) Tj ET Q q 0 0 0 rg BT 444.63 538.10 Td (for ) Tj ET Q q 0 0 0 rg BT 459.04 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 474.01 538.10 Td (production ) Tj ET Q q 0 0 0 rg BT 520.09 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 531.17 538.10 Td (cars, ) Tj ET Q q 0 0 0 rg BT 552.52 538.10 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 557.52 538.10 Td (9) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 526.10 Td (million ) Tj ET Q q 0 0 0 rg BT 85.39 526.10 Td (related ) Tj ET Q q 0 0 0 rg BT 115.09 526.10 Td (to ) Tj ET Q q 0 0 0 rg BT 125.37 526.10 Td (our ) Tj ET Q q 0 0 0 rg BT 141.20 526.10 Td (personalization ) Tj ET Q q 0 0 0 rg BT 204.79 526.10 Td (programs, ) Tj ET Q q 0 0 0 rg BT 247.56 526.10 Td (and ) Tj ET Q q 0 0 0 rg BT 264.50 526.10 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 269.50 526.10 Td (3) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 274.50 526.10 Td ( ) Tj ET Q q 0 0 0 rg BT 277.00 526.10 Td (million ) Tj ET Q q 0 0 0 rg BT 308.39 526.10 Td (related ) Tj ET Q q 0 0 0 rg BT 338.09 526.10 Td (to ) Tj ET Q q 0 0 0 rg BT 348.37 526.10 Td (engine ) Tj ET Q q 0 0 0 rg BT 377.53 526.10 Td (assembly ) Tj ET Q q 0 0 0 rg BT 417.24 526.10 Td (lines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 514.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 502.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 502.10 Td (Advances ) Tj ET Q q 0 0 0 rg BT 132.23 502.10 Td (and ) Tj ET Q q 0 0 0 rg BT 149.48 502.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 175.61 502.10 Td (under ) Tj ET Q q 0 0 0 rg BT 201.19 502.10 Td (construction, ) Tj ET Q q 0 0 0 rg BT 255.93 502.10 Td (which ) Tj ET Q q 0 0 0 rg BT 283.17 502.10 Td (amounted ) Tj ET Q q 0 0 0 rg BT 325.41 502.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.99 502.10 Td (1) Tj ET Q q 0 0 0 rg BT 345.62 502.10 Td (13 ) Tj ET Q q 0 0 0 rg BT 358.43 502.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.32 502.10 Td ( ) Tj ET Q q 0 0 0 rg BT 390.12 502.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.37 502.10 Td (61 ) Tj ET Q q 0 0 0 rg BT 425.17 502.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.06 502.10 Td ( ) Tj ET Q q 0 0 0 rg BT 456.87 502.10 Td (for ) Tj ET Q q 0 0 0 rg BT 471.33 502.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.35 502.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 506.38 502.10 Td (months ) Tj ET Q q 0 0 0 rg BT 538.63 502.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 490.10 Td (September ) Tj ET Q q 0 0 0 rg BT 99.16 490.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 114.06 490.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.06 490.10 Td ( ) Tj ET Q q 0 0 0 rg BT 136.46 490.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.30 490.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.30 490.10 Td ( ) Tj ET Q q 0 0 0 rg BT 175.70 490.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 223.36 490.10 Td (, ) Tj ET Q q 0 0 0 rg BT 228.26 490.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 267.87 490.10 Td (related ) Tj ET Q q 0 0 0 rg BT 297.47 490.10 Td (to ) Tj ET Q q 0 0 0 rg BT 307.65 490.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 357.82 490.10 Td (in ) Tj ET Q q 0 0 0 rg BT 368.00 490.10 Td (industrial ) Tj ET Q q 0 0 0 rg BT 408.17 490.10 Td (tools ) Tj ET Q q 0 0 0 rg BT 430.02 490.10 Td (needed ) Tj ET Q q 0 0 0 rg BT 460.73 490.10 Td (for ) Tj ET Q q 0 0 0 rg BT 474.79 490.10 Td (the ) Tj ET Q q 0 0 0 rg BT 489.40 490.10 Td (production ) Tj ET Q q 0 0 0 rg BT 535.13 490.10 Td (of ) Tj ET Q q 0 0 0 rg BT 545.86 490.10 Td (new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 478.10 Td (models. ) Tj ET Q q 0 0 0 rg BT 88.07 478.10 Td (The ) Tj ET Q q 0 0 0 rg BT 106.51 478.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 142.15 478.10 Td (in ) Tj ET Q q 0 0 0 rg BT 152.83 478.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 182.37 478.10 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 236.35 478.10 Td (in ) Tj ET Q q 0 0 0 rg BT 247.02 478.10 Td (advances ) Tj ET Q q 0 0 0 rg BT 286.56 478.10 Td (and ) Tj ET Q q 0 0 0 rg BT 303.89 478.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 330.11 478.10 Td (under ) Tj ET Q q 0 0 0 rg BT 355.77 478.10 Td (construction ) Tj ET Q q 0 0 0 rg BT 408.10 478.10 Td (reflects ) Tj ET Q q 0 0 0 rg BT 440.42 478.10 Td (our ) Tj ET Q q 0 0 0 rg BT 456.64 478.10 Td (focus ) Tj ET Q q 0 0 0 rg BT 481.19 478.10 Td (on ) Tj ET Q q 0 0 0 rg BT 494.08 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 509.19 478.10 Td (hybridization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 466.10 Td (and ) Tj ET Q q 0 0 0 rg BT 70.94 466.10 Td (broadening ) Tj ET Q q 0 0 0 rg BT 118.42 466.10 Td (of ) Tj ET Q q 0 0 0 rg BT 129.25 466.10 Td (our ) Tj ET Q q 0 0 0 rg BT 145.08 466.10 Td (product ) Tj ET Q q 0 0 0 rg BT 178.13 466.10 Td (range ) Tj ET Q q 0 0 0 rg BT 202.84 466.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.78 466.10 Td (supporting ) Tj ET Q q 0 0 0 rg BT 265.05 466.10 Td (future ) Tj ET Q q 0 0 0 rg BT 291.43 466.10 Td (launches.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 442.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 70.94 442.10 Td (Debt ) Tj ET Q q 0 0 0 rg BT 92.88 442.10 Td (and ) Tj ET Q q 0 0 0 rg BT 110.94 442.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 127.88 442.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 171.51 442.10 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 418.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 418.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 106.67 418.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 147.23 418.10 Td (Debt ) Tj ET Q q 0 0 0 rg BT 168.90 418.10 Td (is ) Tj ET Q q 0 0 0 rg BT 177.80 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 192.25 418.10 Td (primary ) Tj ET Q q 0 0 0 rg BT 226.13 418.10 Td (measure ) Tj ET Q q 0 0 0 rg BT 261.68 418.10 Td (used ) Tj ET Q q 0 0 0 rg BT 282.24 418.10 Td (by ) Tj ET Q q 0 0 0 rg BT 294.47 418.10 Td (us ) Tj ET Q q 0 0 0 rg BT 305.60 418.10 Td (to ) Tj ET Q q 0 0 0 rg BT 315.61 418.10 Td (analyze ) Tj ET Q q 0 0 0 rg BT 348.37 418.10 Td (our ) Tj ET Q q 0 0 0 rg BT 363.93 418.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 401.14 418.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 437.24 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 453.91 418.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 482.79 418.10 Td (structure, ) Tj ET Q q 0 0 0 rg BT 522.50 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 539.17 418.10 Td (is ) Tj ET Q q 0 0 0 rg BT 548.08 418.10 Td (one ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 406.10 Td (of ) Tj ET Q q 0 0 0 rg BT 66.24 406.10 Td (the ) Tj ET Q q 0 0 0 rg BT 82.36 406.10 Td (key ) Tj ET Q q 0 0 0 rg BT 100.70 406.10 Td (indicators, ) Tj ET Q q 0 0 0 rg BT 146.54 406.10 Td (together ) Tj ET Q q 0 0 0 rg BT 183.21 406.10 Td (with ) Tj ET Q q 0 0 0 rg BT 204.90 406.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 223.24 406.10 Td (Debt, ) Tj ET Q q 0 0 0 rg BT 249.09 406.10 Td (we ) Tj ET Q q 0 0 0 rg BT 264.65 406.10 Td (use ) Tj ET Q q 0 0 0 rg BT 281.89 406.10 Td (to ) Tj ET Q q 0 0 0 rg BT 293.58 406.10 Td (measure ) Tj ET Q q 0 0 0 rg BT 330.80 406.10 Td (our ) Tj ET Q q 0 0 0 rg BT 348.03 406.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 386.92 406.10 Td (position. ) Tj ET Q q 0 0 0 rg BT 425.27 406.10 Td (These ) Tj ET Q q 0 0 0 rg BT 453.05 406.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 494.17 406.10 Td (are ) Tj ET Q q 0 0 0 rg BT 510.28 406.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 552.50 406.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 394.10 Td (management ) Tj ET Q q 0 0 0 rg BT 108.10 394.10 Td (to ) Tj ET Q q 0 0 0 rg BT 118.89 394.10 Td (aid ) Tj ET Q q 0 0 0 rg BT 134.12 394.10 Td (investors ) Tj ET Q q 0 0 0 rg BT 173.24 394.10 Td (in ) Tj ET Q q 0 0 0 rg BT 184.03 394.10 Td (their ) Tj ET Q q 0 0 0 rg BT 205.37 394.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 240.60 394.10 Td (of ) Tj ET Q q 0 0 0 rg BT 251.94 394.10 Td (the ) Tj ET Q q 0 0 0 rg BT 267.17 394.10 Td (Group) Tj ET Q q 0 0 0 rg BT 295.50 394.10 Td (s ) Tj ET Q q 0 0 0 rg BT 302.41 394.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 340.40 394.10 Td (position ) Tj ET Q q 0 0 0 rg BT 375.64 394.10 Td (and ) Tj ET Q q 0 0 0 rg BT 393.09 394.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 431.08 394.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 484.62 394.10 Td (and ) Tj ET Q q 0 0 0 rg BT 502.07 394.10 Td (to ) Tj ET Q q 0 0 0 rg BT 512.86 394.10 Td (compare ) Tj ET Q q 0 0 0 rg BT 550.30 394.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 382.10 Td (Group) Tj ET Q q 0 0 0 rg BT 82.33 382.10 Td (s ) Tj ET Q q 0 0 0 rg BT 89.00 382.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 126.76 382.10 Td (position ) Tj ET Q q 0 0 0 rg BT 161.77 382.10 Td (and ) Tj ET Q q 0 0 0 rg BT 178.99 382.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 216.75 382.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 270.05 382.10 Td (with ) Tj ET Q q 0 0 0 rg BT 290.61 382.10 Td (that ) Tj ET Q q 0 0 0 rg BT 308.39 382.10 Td (of ) Tj ET Q q 0 0 0 rg BT 319.50 382.10 Td (other ) Tj ET Q q 0 0 0 rg BT 342.83 382.10 Td (companies. ) Tj ET Q q 0 0 0 rg BT 390.87 382.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 408.09 382.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 449.20 382.10 Td (Debt ) Tj ET Q q 0 0 0 rg BT 471.42 382.10 Td (is ) Tj ET Q q 0 0 0 rg BT 480.87 382.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 513.63 382.10 Td (as ) Tj ET Q q 0 0 0 rg BT 524.74 382.10 Td (total ) Tj ET Q q 0 0 0 rg BT 545.30 382.10 Td (debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 370.10 Td (less ) Tj ET Q q 0 0 0 rg BT 70.39 370.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 89.55 370.10 Td (and ) Tj ET Q q 0 0 0 rg BT 105.39 370.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 124.55 370.10 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 171.48 370.10 Td (\(Net ) Tj ET Q q 0 0 0 rg BT 190.64 370.10 Td (Debt\), ) Tj ET Q q 0 0 0 rg BT 217.31 370.10 Td (further ) Tj ET Q q 0 0 0 rg BT 245.91 370.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 280.62 370.10 Td (to ) Tj ET Q q 0 0 0 rg BT 289.80 370.10 Td (exclude ) Tj ET Q q 0 0 0 rg BT 322.28 370.10 Td (the ) Tj ET Q q 0 0 0 rg BT 335.89 370.10 Td (funded ) Tj ET Q q 0 0 0 rg BT 365.05 370.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 395.33 370.10 Td (of ) Tj ET Q q 0 0 0 rg BT 405.06 370.10 Td (the ) Tj ET Q q 0 0 0 rg BT 418.67 370.10 Td (self-liquidating ) Tj ET Q q 0 0 0 rg BT 481.16 370.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 517.53 370.10 Td (receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 358.10 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 93.59 358.10 Td (which ) Tj ET Q q 0 0 0 rg BT 120.12 358.10 Td (is ) Tj ET Q q 0 0 0 rg BT 128.88 358.10 Td (the ) Tj ET Q q 0 0 0 rg BT 143.20 358.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 174.18 358.10 Td (of ) Tj ET Q q 0 0 0 rg BT 184.60 358.10 Td (our ) Tj ET Q q 0 0 0 rg BT 200.02 358.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 247.09 358.10 Td (from ) Tj ET Q q 0 0 0 rg BT 268.62 358.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 308.48 358.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 346.67 358.10 Td (that ) Tj ET Q q 0 0 0 rg BT 363.76 358.10 Td (we ) Tj ET Q q 0 0 0 rg BT 377.51 358.10 Td (fund ) Tj ET Q q 0 0 0 rg BT 397.94 358.10 Td (with ) Tj ET Q q 0 0 0 rg BT 417.81 358.10 Td (external ) Tj ET Q q 0 0 0 rg BT 452.10 358.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 471.42 358.10 Td (or ) Tj ET Q q 0 0 0 rg BT 481.84 358.10 Td (intercompany ) Tj ET Q q 0 0 0 rg BT 538.91 358.10 Td (loans. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 346.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 334.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 334.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.54 334.10 Td (following ) Tj ET Q q 0 0 0 rg BT 148.43 334.10 Td (table ) Tj ET Q q 0 0 0 rg BT 169.86 334.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 186.86 334.10 Td (forth ) Tj ET Q q 0 0 0 rg BT 208.29 334.10 Td (a ) Tj ET Q q 0 0 0 rg BT 214.73 334.10 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 271.70 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 282.03 334.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 298.46 334.10 Td (Debt ) Tj ET Q q 0 0 0 rg BT 319.90 334.10 Td (and ) Tj ET Q q 0 0 0 rg BT 336.33 334.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 352.77 334.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 393.09 334.10 Td (Debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.53 334.10 Td (at ) Tj ET Q q 0 0 0 rg BT 423.74 334.10 Td (September ) Tj ET Q q 0 0 0 rg BT 468.50 334.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 334.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 334.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 334.10 Td ( ) Tj ET Q q 0 0 0 rg BT 505.00 334.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.43 334.10 Td (December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 322.10 Td (31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 322.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 322.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 322.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 257.60 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 257.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 257.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 257.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 229.60 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 229.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 229.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 229.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 201.60 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 201.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 201.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 201.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 173.60 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 173.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 173.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 173.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 145.60 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 145.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 145.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 145.60 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 285.6 m 457.75 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 285.6 m 561.75 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 285.6 m 457.75 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 271.6 m 457.75 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 285.6 m 561.75 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 271.6 m 561.75 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 271.6 m 457.75 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 271.6 m 561.75 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 243.60000000000002 m 457.75 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 229.60000000000002 m 457.75 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 243.60000000000002 m 561.75 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 229.60000000000002 m 561.75 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 173.60000000000002 m 457.75 173.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 173.60000000000002 m 561.75 173.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 159.60000000000002 m 457.75 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 159.60000000000002 m 561.75 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 145.60000000000002 m 457.75 145.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 131.60000000000002 m 457.75 131.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 145.60000000000002 m 561.75 145.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 131.60000000000002 m 561.75 131.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 118.60000000000002 m 457.75 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 116.60000000000002 m 457.75 116.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 118.60000000000002 m 561.75 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 116.60000000000002 m 561.75 116.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.95 290.05 Td (At September) Tj ET Q q 0 0 0 rg BT 429.02 290.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.20 290.05 Td (At December) Tj ET Q q 0 0 0 rg BT 529.84 290.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 276.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 276.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.85 262.06 Td (\( million\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 248.06 Td (Cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 248.06 Td (753) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.75 248.06 Td (648) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 234.05 Td (T) Tj ET Q q 0 0 0 rg BT 61.43 234.05 Td (otal liquidity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 234.05 Td (753) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 234.05 Td (648) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 220.06 Td (Bonds) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.00 220.06 Td (\(1,195) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.25 220.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.00 220.06 Td (\(1,194) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.25 220.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 206.06 Td (Securitizations) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.75 206.06 Td (\(649) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.25 206.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 541.75 206.06 Td (\(556) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.25 206.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 192.06 Td (Borrowings from banks) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.25 192.06 Td (\(37) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.25 192.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.25 192.06 Td (\(38) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.25 192.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 178.06 Td (Other debt) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.75 178.06 Td (\(6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.25 178.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.25 178.06 Td (\(18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.25 178.06 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 164.05 Td (T) Tj ET Q q 0 0 0 rg BT 61.43 164.05 Td (otal debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 164.05 Td (\(1,887) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.25 164.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 535.00 164.05 Td (\(1,806) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 558.25 164.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 150.05 Td (Net Debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 150.05 Td (\(1,134) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.25 150.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 535.00 150.05 Td (\(1,158) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 558.25 150.05 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 136.06 Td (Funded portion of the self-liquidating financial receivables portfolio) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 136.06 Td (762) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.75 136.06 Td (685) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 122.05 Td (Net Industrial Debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.75 122.05 Td (\(372) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.25 122.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 541.75 122.05 Td (\(473) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 558.25 122.05 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 94.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 94.10 Td (For further details on total debt, see Note 23 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 269.40 94.10 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.96 94.10 Td ( to the Interim Condensed Consolidated Financial Statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 82.10 Td (included elsewhere in this document.) Tj ET Q endstream endobj 61 0 obj <> endobj 62 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (25) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 742.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 77.06 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 94.56 742.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 115.39 742.10 Td (equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 718.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 718.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 112.18 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 128.80 718.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 148.75 718.10 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 196.48 718.10 Td (amounted ) Tj ET Q q 0 0 0 rg BT 238.10 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 248.06 718.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.06 718.10 Td (753 ) Tj ET Q q 0 0 0 rg BT 270.24 718.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.13 718.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.31 718.10 Td (at ) Tj ET Q q 0 0 0 rg BT 310.71 718.10 Td (September ) Tj ET Q q 0 0 0 rg BT 355.66 718.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.16 718.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.34 718.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.34 718.10 Td ( ) Tj ET Q q 0 0 0 rg BT 392.52 718.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 434.13 718.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.09 718.10 Td (648 ) Tj ET Q q 0 0 0 rg BT 466.27 718.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.17 718.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.35 718.10 Td (at ) Tj ET Q q 0 0 0 rg BT 506.75 718.10 Td (December ) Tj ET Q q 0 0 0 rg BT 550.01 718.10 Td (31,) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 706.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 706.10 Td (. ) Tj ET Q q 0 0 0 rg BT 78.54 706.10 Td (The ) Tj ET Q q 0 0 0 rg BT 96.29 706.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 131.24 706.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.22 706.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 161.19 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 177.83 706.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 197.79 706.10 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 245.54 706.10 Td (was ) Tj ET Q q 0 0 0 rg BT 263.29 706.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 302.70 706.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 330.44 706.10 Td (by ) Tj ET Q q 0 0 0 rg BT 342.64 706.10 Td (Free ) Tj ET Q q 0 0 0 rg BT 362.61 706.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 384.81 706.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 407.57 706.10 Td (from ) Tj ET Q q 0 0 0 rg BT 429.21 706.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 469.25 706.10 Td (Activities ) Tj ET Q q 0 0 0 rg BT 510.33 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 526.97 706.10 Td (proceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 694.10 Td (from ) Tj ET Q q 0 0 0 rg BT 76.56 694.10 Td (our ) Tj ET Q q 0 0 0 rg BT 93.00 694.10 Td (securitization ) Tj ET Q q 0 0 0 rg BT 149.99 694.10 Td (programs, ) Tj ET Q q 0 0 0 rg BT 193.37 694.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 229.81 694.10 Td (of) Tj ET Q q 0 0 0 rg BT 237.96 694.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 255.51 694.10 Td (by ) Tj ET Q q 0 0 0 rg BT 268.63 694.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 310.63 694.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 330.97 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 341.86 694.10 Td (owners ) Tj ET Q q 0 0 0 rg BT 373.86 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 385.31 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 400.64 694.10 Td (parent ) Tj ET Q q 0 0 0 rg BT 428.74 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 446.30 694.10 Td (non-controlling ) Tj ET Q q 0 0 0 rg BT 511.63 694.10 Td (interests ) Tj ET Q q 0 0 0 rg BT 548.07 694.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 682.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 110.42 682.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 130.17 682.10 Td (to ) Tj ET Q q 0 0 0 rg BT 140.50 682.10 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 186.34 682.10 Td (common ) Tj ET Q q 0 0 0 rg BT 223.88 682.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 251.42 682.10 Td (under ) Tj ET Q q 0 0 0 rg BT 276.73 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 291.49 682.10 Td (share ) Tj ET Q q 0 0 0 rg BT 315.13 682.10 Td (buyback ) Tj ET Q q 0 0 0 rg BT 351.55 682.10 Td (program. ) Tj ET Q q 0 0 0 rg BT 390.47 682.10 Td (See ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 407.45 682.10 Td (Fr) Tj ET Q q 0 0 0 rg BT 422.64 682.10 Td (ee ) Tj ET Q q 0 0 0 rg BT 434.06 682.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 457.17 682.10 Td (Flow ) Tj ET Q q 0 0 0 rg BT 480.26 682.10 Td (and ) Tj ET Q q 0 0 0 rg BT 497.81 682.10 Td (Fr) Tj ET Q q 0 0 0 rg BT 507.44 682.10 Td (ee ) Tj ET Q q 0 0 0 rg BT 518.86 682.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 541.96 682.10 Td (Flow ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 670.10 Td (fr) Tj ET Q q 0 0 0 rg BT 60.30 670.10 Td (om ) Tj ET Q q 0 0 0 rg BT 75.02 670.10 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 116.79 670.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.56 670.10 Td ( ) Tj ET Q q 0 0 0 rg BT 162.06 670.10 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 179.00 670.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 207.62 670.10 Td (Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.63 670.10 Td ( ) Tj ET Q q 0 0 0 rg BT 240.13 670.10 Td (for ) Tj ET Q q 0 0 0 rg BT 254.29 670.10 Td (further ) Tj ET Q q 0 0 0 rg BT 284.00 670.10 Td (details.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 644.90 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 644.90 Td (Approximately ) Tj ET Q q 0 0 0 rg BT 155.17 644.90 Td (70) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 165.17 644.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.27 644.90 Td (percent ) Tj ET Q q 0 0 0 rg BT 204.33 644.90 Td (of ) Tj ET Q q 0 0 0 rg BT 217.29 644.90 Td (our ) Tj ET Q q 0 0 0 rg BT 235.25 644.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 257.65 644.90 Td (and ) Tj ET Q q 0 0 0 rg BT 276.72 644.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 299.12 644.90 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 349.30 644.90 Td (were ) Tj ET Q q 0 0 0 rg BT 373.36 644.90 Td (denominated ) Tj ET Q q 0 0 0 rg BT 429.64 644.90 Td (in ) Tj ET Q q 0 0 0 rg BT 442.05 644.90 Td (Euro ) Tj ET Q q 0 0 0 rg BT 466.12 644.90 Td (at ) Tj ET Q q 0 0 0 rg BT 477.97 644.90 Td (September ) Tj ET Q q 0 0 0 rg BT 525.37 644.90 Td (30, ) Tj ET Q q 0 0 0 rg BT 542.50 644.90 Td (2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 632.90 Td (\(approximately ) Tj ET Q q 0 0 0 rg BT 117.33 632.90 Td (67 ) Tj ET Q q 0 0 0 rg BT 129.57 632.90 Td (percent ) Tj ET Q q 0 0 0 rg BT 161.24 632.90 Td (at ) Tj ET Q q 0 0 0 rg BT 170.70 632.90 Td (December ) Tj ET Q q 0 0 0 rg BT 214.03 632.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 228.77 632.90 Td (2017\). ) Tj ET Q q 0 0 0 rg BT 256.84 632.90 Td (Our ) Tj ET Q q 0 0 0 rg BT 274.64 632.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 294.65 632.90 Td (and ) Tj ET Q q 0 0 0 rg BT 311.33 632.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 331.34 632.90 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 379.13 632.90 Td (denominated ) Tj ET Q q 0 0 0 rg BT 433.02 632.90 Td (in ) Tj ET Q q 0 0 0 rg BT 443.04 632.90 Td (currencies ) Tj ET Q q 0 0 0 rg BT 486.37 632.90 Td (other ) Tj ET Q q 0 0 0 rg BT 509.16 632.90 Td (than ) Tj ET Q q 0 0 0 rg BT 528.61 632.90 Td (the ) Tj ET Q q 0 0 0 rg BT 543.07 632.90 Td (Euro ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 620.90 Td (are ) Tj ET Q q 0 0 0 rg BT 67.84 620.90 Td (available ) Tj ET Q q 0 0 0 rg BT 105.55 620.90 Td (mostly ) Tj ET Q q 0 0 0 rg BT 134.41 620.90 Td (to ) Tj ET Q q 0 0 0 rg BT 143.81 620.90 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 172.65 620.90 Td (S.p.A. ) Tj ET Q q 0 0 0 rg BT 199.56 620.90 Td (and ) Tj ET Q q 0 0 0 rg BT 215.63 620.90 Td (certain ) Tj ET Q q 0 0 0 rg BT 244.46 620.90 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 293.30 620.90 Td (which ) Tj ET Q q 0 0 0 rg BT 319.37 620.90 Td (operate ) Tj ET Q q 0 0 0 rg BT 350.42 620.90 Td (in ) Tj ET Q q 0 0 0 rg BT 359.83 620.90 Td (areas ) Tj ET Q q 0 0 0 rg BT 382.00 620.90 Td (other ) Tj ET Q q 0 0 0 rg BT 404.17 620.90 Td (than ) Tj ET Q q 0 0 0 rg BT 423.02 620.90 Td (Europe. ) Tj ET Q q 0 0 0 rg BT 456.02 620.90 Td (Cash ) Tj ET Q q 0 0 0 rg BT 477.65 620.90 Td (held ) Tj ET Q q 0 0 0 rg BT 496.50 620.90 Td (in ) Tj ET Q q 0 0 0 rg BT 505.90 620.90 Td (such ) Tj ET Q q 0 0 0 rg BT 525.86 620.90 Td (countries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 608.90 Td (may ) Tj ET Q q 0 0 0 rg BT 73.54 608.90 Td (be ) Tj ET Q q 0 0 0 rg BT 85.30 608.90 Td (subject ) Tj ET Q q 0 0 0 rg BT 115.95 608.90 Td (to ) Tj ET Q q 0 0 0 rg BT 126.06 608.90 Td (transfer ) Tj ET Q q 0 0 0 rg BT 158.92 608.90 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 205.67 608.90 Td (depending ) Tj ET Q q 0 0 0 rg BT 249.65 608.90 Td (on ) Tj ET Q q 0 0 0 rg BT 261.98 608.90 Td (the ) Tj ET Q q 0 0 0 rg BT 276.52 608.90 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 328.29 608.90 Td (in ) Tj ET Q q 0 0 0 rg BT 338.39 608.90 Td (which ) Tj ET Q q 0 0 0 rg BT 365.15 608.90 Td (these ) Tj ET Q q 0 0 0 rg BT 388.02 608.90 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 437.56 608.90 Td (operate. ) Tj ET Q q 0 0 0 rg BT 471.81 608.90 Td (In ) Tj ET Q q 0 0 0 rg BT 482.47 608.90 Td (particular) Tj ET Q q 0 0 0 rg BT 520.38 608.90 Td (, ) Tj ET Q q 0 0 0 rg BT 525.20 608.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 545.29 608.90 Td (held ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 595.70 Td (in ) Tj ET Q q 0 0 0 rg BT 64.19 595.70 Td (China ) Tj ET Q q 0 0 0 rg BT 90.49 595.70 Td (\(including ) Tj ET Q q 0 0 0 rg BT 134.01 595.70 Td (in ) Tj ET Q q 0 0 0 rg BT 144.21 595.70 Td (foreign ) Tj ET Q q 0 0 0 rg BT 175.50 595.70 Td (currencies\), ) Tj ET Q q 0 0 0 rg BT 224.83 595.70 Td (which ) Tj ET Q q 0 0 0 rg BT 251.68 595.70 Td (amounted ) Tj ET Q q 0 0 0 rg BT 293.53 595.70 Td (to ) Tj ET Q q 0 0 0 rg BT 303.72 595.70 Td (90) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.72 595.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.38 595.70 Td (million ) Tj ET Q q 0 0 0 rg BT 352.68 595.70 Td (at ) Tj ET Q q 0 0 0 rg BT 362.31 595.70 Td (September ) Tj ET Q q 0 0 0 rg BT 407.49 595.70 Td (30, ) Tj ET Q q 0 0 0 rg BT 422.41 595.70 Td (2018 ) Tj ET Q q 0 0 0 rg BT 444.82 595.70 Td (\(66 ) Tj ET Q q 0 0 0 rg BT 465.56 595.70 Td (million ) Tj ET Q q 0 0 0 rg BT 496.87 595.70 Td (at ) Tj ET Q q 0 0 0 rg BT 506.50 595.70 Td (December ) Tj ET Q q 0 0 0 rg BT 550.00 595.70 Td (31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 583.70 Td (2017\), ) Tj ET Q q 0 0 0 rg BT 82.81 583.70 Td (is ) Tj ET Q q 0 0 0 rg BT 92.46 583.70 Td (subject ) Tj ET Q q 0 0 0 rg BT 123.76 583.70 Td (to ) Tj ET Q q 0 0 0 rg BT 134.52 583.70 Td (certain ) Tj ET Q q 0 0 0 rg BT 164.70 583.70 Td (repatriation ) Tj ET Q q 0 0 0 rg BT 213.77 583.70 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 261.18 583.70 Td (and ) Tj ET Q q 0 0 0 rg BT 278.59 583.70 Td (may ) Tj ET Q q 0 0 0 rg BT 298.79 583.70 Td (only ) Tj ET Q q 0 0 0 rg BT 319.55 583.70 Td (be ) Tj ET Q q 0 0 0 rg BT 331.96 583.70 Td (repatriated ) Tj ET Q q 0 0 0 rg BT 377.69 583.70 Td (as ) Tj ET Q q 0 0 0 rg BT 389.00 583.70 Td (dividends. ) Tj ET Q q 0 0 0 rg BT 433.37 583.70 Td (Based ) Tj ET Q q 0 0 0 rg BT 460.78 583.70 Td (on ) Tj ET Q q 0 0 0 rg BT 473.76 583.70 Td (our ) Tj ET Q q 0 0 0 rg BT 490.07 583.70 Td (review) Tj ET Q q 0 0 0 rg BT 516.63 583.70 Td (, ) Tj ET Q q 0 0 0 rg BT 522.11 583.70 Td (we ) Tj ET Q q 0 0 0 rg BT 536.74 583.70 Td (do ) Tj ET Q q 0 0 0 rg BT 549.72 583.70 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 571.70 Td (currently ) Tj ET Q q 0 0 0 rg BT 92.59 571.70 Td (believe ) Tj ET Q q 0 0 0 rg BT 123.97 571.70 Td (that ) Tj ET Q q 0 0 0 rg BT 141.46 571.70 Td (such ) Tj ET Q q 0 0 0 rg BT 162.29 571.70 Td (transfer ) Tj ET Q q 0 0 0 rg BT 195.33 571.70 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 242.26 571.70 Td (have ) Tj ET Q q 0 0 0 rg BT 263.64 571.70 Td (an ) Tj ET Q q 0 0 0 rg BT 275.58 571.70 Td (adverse ) Tj ET Q q 0 0 0 rg BT 308.61 571.70 Td (impact ) Tj ET Q q 0 0 0 rg BT 338.33 571.70 Td (on ) Tj ET Q q 0 0 0 rg BT 350.83 571.70 Td (our ) Tj ET Q q 0 0 0 rg BT 366.66 571.70 Td (ability ) Tj ET Q q 0 0 0 rg BT 394.71 571.70 Td (to ) Tj ET Q q 0 0 0 rg BT 404.99 571.70 Td (meet ) Tj ET Q q 0 0 0 rg BT 426.92 571.70 Td (our ) Tj ET Q q 0 0 0 rg BT 442.75 571.70 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 479.14 571.70 Td (requirements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 559.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 547.70 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 547.70 Td (The ) Tj ET Q q 0 0 0 rg BT 108.26 547.70 Td (following ) Tj ET Q q 0 0 0 rg BT 149.85 547.70 Td (table ) Tj ET Q q 0 0 0 rg BT 172.00 547.70 Td (sets ) Tj ET Q q 0 0 0 rg BT 189.71 547.70 Td (forth ) Tj ET Q q 0 0 0 rg BT 211.86 547.70 Td (an ) Tj ET Q q 0 0 0 rg BT 224.00 547.70 Td (analysis ) Tj ET Q q 0 0 0 rg BT 258.93 547.70 Td (of ) Tj ET Q q 0 0 0 rg BT 269.97 547.70 Td (the ) Tj ET Q q 0 0 0 rg BT 284.90 547.70 Td (currencies ) Tj ET Q q 0 0 0 rg BT 328.69 547.70 Td (in ) Tj ET Q q 0 0 0 rg BT 339.18 547.70 Td (which ) Tj ET Q q 0 0 0 rg BT 366.33 547.70 Td (our ) Tj ET Q q 0 0 0 rg BT 382.37 547.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 402.85 547.70 Td (and ) Tj ET Q q 0 0 0 rg BT 420.00 547.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 440.47 547.70 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 488.73 547.70 Td (were ) Tj ET Q q 0 0 0 rg BT 510.86 547.70 Td (denominated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 535.70 Td (at ) Tj ET Q q 0 0 0 rg BT 63.72 535.70 Td (the ) Tj ET Q q 0 0 0 rg BT 78.43 535.70 Td (dates ) Tj ET Q q 0 0 0 rg BT 101.48 535.70 Td (presented.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 483.20 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 483.20 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 483.20 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 483.20 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 455.20 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 455.20 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 455.20 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 455.20 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 427.20 304.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 427.20 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.75 427.20 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.75 427.20 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 511.2 m 457.75 511.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 511.2 m 561.75 511.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 511.2 m 457.75 511.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 497.2 m 457.75 497.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 511.2 m 561.75 511.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 497.2 m 561.75 497.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 497.2 m 457.75 497.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 497.2 m 561.75 497.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 413.2 m 457.75 413.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 400.2 m 457.75 400.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 398.2 m 457.75 398.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 413.2 m 561.75 413.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 400.2 m 561.75 400.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.75 398.2 m 561.75 398.2 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.95 515.65 Td (At September) Tj ET Q q 0 0 0 rg BT 429.02 515.65 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.20 515.65 Td (At December) Tj ET Q q 0 0 0 rg BT 529.84 515.65 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 501.65 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 501.65 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.85 487.66 Td (\( million\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 474.06 Td (Euro) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 474.06 Td (529) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.75 474.06 Td (435) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 460.06 Td (U.S. Dollar) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 460.06 Td (87) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.25 460.06 Td (88) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 446.06 Td (Chinese ) Tj ET Q q 0 0 0 rg BT 87.16 446.06 Td (Y) Tj ET Q q 0 0 0 rg BT 92.66 446.06 Td (uan) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 446.06 Td (85) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.25 446.06 Td (62) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 432.06 Td (Japanese ) Tj ET Q q 0 0 0 rg BT 90.15 432.06 Td (Y) Tj ET Q q 0 0 0 rg BT 95.75 432.06 Td (en) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 432.06 Td (27) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.25 432.06 Td (26) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 418.06 Td (Other currencies) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 418.06 Td (25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.25 418.06 Td (37) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 404.15 Td (T) Tj ET Q q 0 0 0 rg BT 61.43 404.15 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 404.15 Td (753) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 404.15 Td (648) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 375.70 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 375.70 Td (Cash ) Tj ET Q q 0 0 0 rg BT 112.25 375.70 Td (collected ) Tj ET Q q 0 0 0 rg BT 150.58 375.70 Td (from ) Tj ET Q q 0 0 0 rg BT 172.27 375.70 Td (the ) Tj ET Q q 0 0 0 rg BT 186.73 375.70 Td (settlement ) Tj ET Q q 0 0 0 rg BT 230.08 375.70 Td (of ) Tj ET Q q 0 0 0 rg BT 240.66 375.70 Td (receivables ) Tj ET Q q 0 0 0 rg BT 287.88 375.70 Td (or ) Tj ET Q q 0 0 0 rg BT 298.45 375.70 Td (lines ) Tj ET Q q 0 0 0 rg BT 319.59 375.70 Td (of ) Tj ET Q q 0 0 0 rg BT 330.17 375.70 Td (credit ) Tj ET Q q 0 0 0 rg BT 355.18 375.70 Td (pledged ) Tj ET Q q 0 0 0 rg BT 389.08 375.70 Td (as ) Tj ET Q q 0 0 0 rg BT 399.66 375.70 Td (collateral ) Tj ET Q q 0 0 0 rg BT 439.10 375.70 Td (is ) Tj ET Q q 0 0 0 rg BT 448.02 375.70 Td (subject ) Tj ET Q q 0 0 0 rg BT 478.59 375.70 Td (to ) Tj ET Q q 0 0 0 rg BT 488.62 375.70 Td (certain ) Tj ET Q q 0 0 0 rg BT 518.07 375.70 Td (restrictions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 363.70 Td (regarding ) Tj ET Q q 0 0 0 rg BT 94.22 363.70 Td (its ) Tj ET Q q 0 0 0 rg BT 105.58 363.70 Td (use ) Tj ET Q q 0 0 0 rg BT 120.81 363.70 Td (and ) Tj ET Q q 0 0 0 rg BT 137.16 363.70 Td (is ) Tj ET Q q 0 0 0 rg BT 145.74 363.70 Td (primarily ) Tj ET Q q 0 0 0 rg BT 184.85 363.70 Td (applied ) Tj ET Q q 0 0 0 rg BT 216.19 363.70 Td (to ) Tj ET Q q 0 0 0 rg BT 225.88 363.70 Td (repay ) Tj ET Q q 0 0 0 rg BT 249.99 363.70 Td (principal ) Tj ET Q q 0 0 0 rg BT 287.44 363.70 Td (and ) Tj ET Q q 0 0 0 rg BT 303.79 363.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 335.13 363.70 Td (of ) Tj ET Q q 0 0 0 rg BT 345.36 363.70 Td (the ) Tj ET Q q 0 0 0 rg BT 359.49 363.70 Td (related ) Tj ET Q q 0 0 0 rg BT 388.60 363.70 Td (funding. ) Tj ET Q q 0 0 0 rg BT 424.11 363.70 Td (Such ) Tj ET Q q 0 0 0 rg BT 446.02 363.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 465.69 363.70 Td (amounted ) Tj ET Q q 0 0 0 rg BT 507.03 363.70 Td (to ) Tj ET Q q 0 0 0 rg BT 516.72 363.70 Td (36 ) Tj ET Q q 0 0 0 rg BT 533.63 363.70 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 351.70 Td (at ) Tj ET Q q 0 0 0 rg BT 63.72 351.70 Td (September ) Tj ET Q q 0 0 0 rg BT 108.98 351.70 Td (30, ) Tj ET Q q 0 0 0 rg BT 123.98 351.70 Td (2018 ) Tj ET Q q 0 0 0 rg BT 146.48 351.70 Td (\(28 ) Tj ET Q q 0 0 0 rg BT 167.31 351.70 Td (million ) Tj ET Q q 0 0 0 rg BT 198.70 351.70 Td (at ) Tj ET Q q 0 0 0 rg BT 208.42 351.70 Td (December ) Tj ET Q q 0 0 0 rg BT 252.00 351.70 Td (31, ) Tj ET Q q 0 0 0 rg BT 267.00 351.70 Td (2017\).) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 327.70 Td ( ) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 90 326.3669921875 m 185.7421875 326.3669921875 l s q 0 0 0 rg BT 90.00 327.70 Td (T) Tj ET Q q 0 0 0 rg BT 94.64 327.70 Td (otal ) Tj ET Q q 0 0 0 rg BT 112.70 327.70 Td (available ) Tj ET Q q 0 0 0 rg BT 152.41 327.70 Td (liquidity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 315.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 303.70 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 303.70 Td (T) Tj ET Q q 0 0 0 rg BT 95.41 303.70 Td (otal ) Tj ET Q q 0 0 0 rg BT 113.10 303.70 Td (available ) Tj ET Q q 0 0 0 rg BT 151.88 303.70 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 188.46 303.70 Td (\(defined ) Tj ET Q q 0 0 0 rg BT 224.47 303.70 Td (as ) Tj ET Q q 0 0 0 rg BT 235.49 303.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 255.95 303.70 Td (and ) Tj ET Q q 0 0 0 rg BT 273.08 303.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 293.54 303.70 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 341.78 303.70 Td (plus ) Tj ET Q q 0 0 0 rg BT 361.14 303.70 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 398.82 303.70 Td (committed ) Tj ET Q q 0 0 0 rg BT 444.28 303.70 Td (credit ) Tj ET Q q 0 0 0 rg BT 469.74 303.70 Td (lines\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.64 303.70 Td (at ) Tj ET Q q 0 0 0 rg BT 504.55 303.70 Td (September ) Tj ET Q q 0 0 0 rg BT 550.01 303.70 Td (30,) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 291.70 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 291.70 Td ( ) Tj ET Q q 0 0 0 rg BT 76.50 291.70 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.55 291.70 Td (1,253 ) Tj ET Q q 0 0 0 rg BT 124.55 291.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.44 291.70 Td ( ) Tj ET Q q 0 0 0 rg BT 155.94 291.70 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.27 291.70 Td (1,148 ) Tj ET Q q 0 0 0 rg BT 189.27 291.70 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.17 291.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.67 291.70 Td (at ) Tj ET Q q 0 0 0 rg BT 230.38 291.70 Td (December ) Tj ET Q q 0 0 0 rg BT 273.97 291.70 Td (31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.47 291.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.97 291.70 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.97 291.70 Td (\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 267.70 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 267.70 Td (The following table summarizes our total available liquidity:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.25 215.20 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.25 215.20 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.25 215.20 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.25 215.20 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.25 187.20 305.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.25 187.20 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.25 187.20 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.25 187.20 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.25 243.20000000000005 m 458.25 243.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.25 243.20000000000005 m 562.25 243.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.25 243.20000000000005 m 458.25 243.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.25 229.20000000000005 m 458.25 229.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.25 243.20000000000005 m 562.25 243.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.25 229.20000000000005 m 562.25 229.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.25 229.20000000000005 m 458.25 229.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.25 229.20000000000005 m 562.25 229.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.25 187.20000000000005 m 458.25 187.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.25 174.20000000000005 m 458.25 174.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.25 172.20000000000005 m 458.25 172.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.25 187.20000000000005 m 562.25 187.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.25 174.20000000000005 m 562.25 174.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.25 172.20000000000005 m 562.25 172.20000000000005 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.45 247.65 Td (At September) Tj ET Q q 0 0 0 rg BT 429.52 247.65 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.70 247.65 Td (At December) Tj ET Q q 0 0 0 rg BT 530.34 247.65 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.75 233.65 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.75 233.65 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.35 219.66 Td (\( million\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.75 205.66 Td (Cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.25 205.66 Td (753) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.25 205.66 Td (648) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.75 191.66 Td (Undrawn committed credit lines) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.25 191.66 Td (500) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.25 191.66 Td (500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.75 177.65 Td (T) Tj ET Q q 0 0 0 rg BT 60.93 177.65 Td (otal available liquidity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.50 177.65 Td (1,253) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 538.50 177.65 Td (1,148) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 149.70 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 149.70 Td (The ) Tj ET Q q 0 0 0 rg BT 108.10 149.70 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 145.65 149.70 Td (committed ) Tj ET Q q 0 0 0 rg BT 190.97 149.70 Td (credit ) Tj ET Q q 0 0 0 rg BT 216.29 149.70 Td (lines ) Tj ET Q q 0 0 0 rg BT 237.73 149.70 Td (relates ) Tj ET Q q 0 0 0 rg BT 266.38 149.70 Td (to ) Tj ET Q q 0 0 0 rg BT 276.71 149.70 Td (a ) Tj ET Q q 0 0 0 rg BT 283.71 149.70 Td (revolving ) Tj ET Q q 0 0 0 rg BT 324.59 149.70 Td (credit ) Tj ET Q q 0 0 0 rg BT 349.91 149.70 Td (facility) Tj ET Q q 0 0 0 rg BT 377.58 149.70 Td (. ) Tj ET Q q 0 0 0 rg BT 382.63 149.70 Td (See ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 399.63 149.70 Td (The ) Tj ET Q q 0 0 0 rg BT 422.74 149.70 Td (Facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.40 149.70 Td ( ) Tj ET Q q 0 0 0 rg BT 461.96 149.70 Td (in ) Tj ET Q q 0 0 0 rg BT 472.29 149.70 Td (Note ) Tj ET Q q 0 0 0 rg BT 494.29 149.70 Td (23 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 506.84 149.70 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.40 149.70 Td ( ) Tj ET Q q 0 0 0 rg BT 539.96 149.70 Td (in ) Tj ET Q q 0 0 0 rg BT 550.29 149.70 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 137.70 Td (Interim ) Tj ET Q q 0 0 0 rg BT 85.93 137.70 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 132.87 137.70 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 188.15 137.70 Td (Financial ) Tj ET Q q 0 0 0 rg BT 227.86 137.70 Td (Statements ) Tj ET Q q 0 0 0 rg BT 274.24 137.70 Td (included ) Tj ET Q q 0 0 0 rg BT 311.17 137.70 Td (elsewhere ) Tj ET Q q 0 0 0 rg BT 353.65 137.70 Td (in ) Tj ET Q q 0 0 0 rg BT 363.93 137.70 Td (this ) Tj ET Q q 0 0 0 rg BT 380.88 137.70 Td (document.) Tj ET Q endstream endobj 63 0 obj <> endobj 64 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 300.00 30.20 Td (26) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 742.25 Td (Free ) Tj ET Q q 0 0 0 rg BT 75.94 742.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 99.56 742.25 Td (Flow ) Tj ET Q q 0 0 0 rg BT 123.18 742.25 Td (and ) Tj ET Q q 0 0 0 rg BT 141.24 742.25 Td (Free ) Tj ET Q q 0 0 0 rg BT 163.18 742.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 186.80 742.25 Td (Flow ) Tj ET Q q 0 0 0 rg BT 210.42 742.25 Td (from ) Tj ET Q q 0 0 0 rg BT 232.92 742.25 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 276.18 742.25 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 730.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 718.25 Td (Free ) Tj ET Q q 0 0 0 rg BT 110.70 718.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 133.63 718.25 Td (Flow ) Tj ET Q q 0 0 0 rg BT 157.12 718.25 Td (and ) Tj ET Q q 0 0 0 rg BT 174.48 718.25 Td (Free ) Tj ET Q q 0 0 0 rg BT 195.18 718.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 218.11 718.25 Td (Flow ) Tj ET Q q 0 0 0 rg BT 241.60 718.25 Td (from ) Tj ET Q q 0 0 0 rg BT 263.97 718.25 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 304.57 718.25 Td (Activities ) Tj ET Q q 0 0 0 rg BT 346.38 718.25 Td (are ) Tj ET Q q 0 0 0 rg BT 361.52 718.25 Td (two ) Tj ET Q q 0 0 0 rg BT 379.45 718.25 Td (of ) Tj ET Q q 0 0 0 rg BT 390.71 718.25 Td (our ) Tj ET Q q 0 0 0 rg BT 406.97 718.25 Td (primary ) Tj ET Q q 0 0 0 rg BT 441.55 718.25 Td (key ) Tj ET Q q 0 0 0 rg BT 458.92 718.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 512.37 718.25 Td (indicators ) Tj ET Q q 0 0 0 rg BT 554.73 718.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 706.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 89.43 706.25 Td (the ) Tj ET Q q 0 0 0 rg BT 103.75 706.25 Td (Group) Tj ET Q q 0 0 0 rg BT 132.08 706.25 Td (s ) Tj ET Q q 0 0 0 rg BT 138.09 706.25 Td (performance. ) Tj ET Q q 0 0 0 rg BT 193.07 706.25 Td (These ) Tj ET Q q 0 0 0 rg BT 219.05 706.25 Td (measures ) Tj ET Q q 0 0 0 rg BT 258.37 706.25 Td (are ) Tj ET Q q 0 0 0 rg BT 272.69 706.25 Td (presented ) Tj ET Q q 0 0 0 rg BT 313.12 706.25 Td (by ) Tj ET Q q 0 0 0 rg BT 325.23 706.25 Td (management ) Tj ET Q q 0 0 0 rg BT 378.43 706.25 Td (to ) Tj ET Q q 0 0 0 rg BT 388.32 706.25 Td (aid ) Tj ET Q q 0 0 0 rg BT 402.64 706.25 Td (investors ) Tj ET Q q 0 0 0 rg BT 440.86 706.25 Td (in ) Tj ET Q q 0 0 0 rg BT 450.75 706.25 Td (their ) Tj ET Q q 0 0 0 rg BT 471.19 706.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 505.52 706.25 Td (of ) Tj ET Q q 0 0 0 rg BT 515.96 706.25 Td (the ) Tj ET Q q 0 0 0 rg BT 530.28 706.25 Td (Group) Tj ET Q q 0 0 0 rg BT 558.61 706.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 694.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 90.90 694.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 143.34 694.25 Td (and ) Tj ET Q q 0 0 0 rg BT 159.70 694.25 Td (to ) Tj ET Q q 0 0 0 rg BT 169.39 694.25 Td (compare ) Tj ET Q q 0 0 0 rg BT 205.73 694.25 Td (the ) Tj ET Q q 0 0 0 rg BT 219.87 694.25 Td (Group) Tj ET Q q 0 0 0 rg BT 248.20 694.25 Td (s ) Tj ET Q q 0 0 0 rg BT 254.01 694.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 290.91 694.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 343.35 694.25 Td (with ) Tj ET Q q 0 0 0 rg BT 363.04 694.25 Td (that ) Tj ET Q q 0 0 0 rg BT 379.96 694.25 Td (of ) Tj ET Q q 0 0 0 rg BT 390.20 694.25 Td (other ) Tj ET Q q 0 0 0 rg BT 412.67 694.25 Td (companies. ) Tj ET Q q 0 0 0 rg BT 459.85 694.25 Td (Free ) Tj ET Q q 0 0 0 rg BT 479.54 694.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 501.46 694.25 Td (Flow ) Tj ET Q q 0 0 0 rg BT 523.93 694.25 Td (is ) Tj ET Q q 0 0 0 rg BT 532.52 694.25 Td (defined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 682.25 Td (as ) Tj ET Q q 0 0 0 rg BT 64.93 682.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 85.30 682.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 110.13 682.25 Td (from ) Tj ET Q q 0 0 0 rg BT 132.17 682.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 172.54 682.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 211.24 682.25 Td (less ) Tj ET Q q 0 0 0 rg BT 228.84 682.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 249.21 682.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 274.03 682.25 Td (used ) Tj ET Q q 0 0 0 rg BT 294.97 682.25 Td (in ) Tj ET Q q 0 0 0 rg BT 305.35 682.25 Td (investing ) Tj ET Q q 0 0 0 rg BT 344.62 682.25 Td (activities. ) Tj ET Q q 0 0 0 rg BT 385.82 682.25 Td (Free ) Tj ET Q q 0 0 0 rg BT 406.19 682.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 428.79 682.25 Td (Flow ) Tj ET Q q 0 0 0 rg BT 451.95 682.25 Td (from ) Tj ET Q q 0 0 0 rg BT 474.00 682.25 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 514.35 682.25 Td (Activities ) Tj ET Q q 0 0 0 rg BT 555.83 682.25 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 670.25 Td (defined ) Tj ET Q q 0 0 0 rg BT 86.53 670.25 Td (as ) Tj ET Q q 0 0 0 rg BT 97.41 670.25 Td (Free ) Tj ET Q q 0 0 0 rg BT 117.72 670.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 140.27 670.25 Td (Flow ) Tj ET Q q 0 0 0 rg BT 163.38 670.25 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 199.25 670.25 Td (for ) Tj ET Q q 0 0 0 rg BT 213.46 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 228.22 670.25 Td (change ) Tj ET Q q 0 0 0 rg BT 259.08 670.25 Td (in ) Tj ET Q q 0 0 0 rg BT 269.41 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 284.17 670.25 Td (self-liquidating ) Tj ET Q q 0 0 0 rg BT 347.81 670.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 385.34 670.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 432.86 670.25 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 472.90 670.25 Td (which ) Tj ET Q q 0 0 0 rg BT 499.88 670.25 Td (is ) Tj ET Q q 0 0 0 rg BT 509.10 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.86 670.25 Td (change ) Tj ET Q q 0 0 0 rg BT 554.73 670.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 658.25 Td (our ) Tj ET Q q 0 0 0 rg BT 69.65 658.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 116.94 658.25 Td (from ) Tj ET Q q 0 0 0 rg BT 138.70 658.25 Td (financing ) Tj ET Q q 0 0 0 rg BT 178.78 658.25 Td (activities. ) Tj ET Q q 0 0 0 rg BT 219.53 658.25 Td (The ) Tj ET Q q 0 0 0 rg BT 237.40 658.25 Td (following ) Tj ET Q q 0 0 0 rg BT 278.60 658.25 Td (table ) Tj ET Q q 0 0 0 rg BT 300.36 658.25 Td (sets ) Tj ET Q q 0 0 0 rg BT 317.68 658.25 Td (forth ) Tj ET Q q 0 0 0 rg BT 339.43 658.25 Td (our ) Tj ET Q q 0 0 0 rg BT 355.08 658.25 Td (Free ) Tj ET Q q 0 0 0 rg BT 375.17 658.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 397.49 658.25 Td (Flow ) Tj ET Q q 0 0 0 rg BT 420.37 658.25 Td (and ) Tj ET Q q 0 0 0 rg BT 437.13 658.25 Td (Free ) Tj ET Q q 0 0 0 rg BT 457.22 658.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 479.54 658.25 Td (Flow ) Tj ET Q q 0 0 0 rg BT 502.42 658.25 Td (from ) Tj ET Q q 0 0 0 rg BT 524.17 658.25 Td (Industrial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 646.25 Td (Activities ) Tj ET Q q 0 0 0 rg BT 95.38 646.25 Td (for ) Tj ET Q q 0 0 0 rg BT 109.54 646.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.26 646.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 143.98 646.25 Td (months ) Tj ET Q q 0 0 0 rg BT 175.92 646.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 202.30 646.25 Td (September ) Tj ET Q q 0 0 0 rg BT 247.56 646.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.06 646.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.56 646.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.56 646.25 Td ( ) Tj ET Q q 0 0 0 rg BT 285.06 646.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.00 646.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 646.25 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 581.75 318.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.75 581.75 93.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.75 581.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.75 581.75 93.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 553.75 318.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.75 553.75 93.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.75 553.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.75 553.75 93.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.75 525.75 318.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.75 525.75 93.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.75 525.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.75 525.75 93.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 609.75 m 464.75 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.75 609.75 m 468.75 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 609.75 m 561.75 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 609.75 m 464.75 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 595.75 m 464.75 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 609.75 m 561.75 609.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 595.75 m 561.75 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 553.75 m 464.75 553.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 553.75 m 561.75 553.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 539.75 m 464.75 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 539.75 m 561.75 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 539.75 m 464.75 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 525.75 m 464.75 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 525.75 m 561.75 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 525.75 m 464.75 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 512.75 m 464.75 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.75 510.75 m 464.75 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 525.75 m 561.75 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 512.75 m 561.75 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 510.75 m 561.75 510.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.25 614.20 Td (For) Tj ET Q q 0 0 0 rg BT 402.08 614.20 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 534.67 614.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.75 600.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 505.75 600.20 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.85 586.21 Td (\( million\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 572.21 Td (Cash flows from operating activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.75 572.21 Td (619) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.75 572.21 Td (507) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 558.21 Td (Cash flows used in investing activities \(*\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 444.75 558.21 Td (\(403) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.25 558.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 541.75 558.21 Td (\(239) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.25 558.21 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 544.20 Td (Fr) Tj ET Q q 0 0 0 rg BT 65.58 544.20 Td (ee Cash Flow) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.75 544.20 Td (216) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 544.20 Td (268) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.25 530.21 Td (Change in the self-liquidating financial receivables portfolio) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.25 530.21 Td (71) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.25 530.21 Td (47) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.25 516.20 Td (Fr) Tj ET Q q 0 0 0 rg BT 65.58 516.20 Td (ee Cash Flow fr) Tj ET Q q 0 0 0 rg BT 125.65 516.20 Td (om Industrial ) Tj ET Q q 0 0 0 rg BT 180.17 516.20 Td (Activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.75 516.20 Td (287) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.75 516.20 Td (315) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 500.25 Td (_____________________________) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 490.65 Td (\(*\) ) Tj ET Q q 0 0 0 rg BT 67.50 490.65 Td (Cash ) Tj ET Q q 0 0 0 rg BT 85.47 490.65 Td (flows ) Tj ET Q q 0 0 0 rg BT 103.89 490.65 Td (used ) Tj ET Q q 0 0 0 rg BT 120.08 490.65 Td (in ) Tj ET Q q 0 0 0 rg BT 127.83 490.65 Td (investing ) Tj ET Q q 0 0 0 rg BT 158.24 490.65 Td (activities ) Tj ET Q q 0 0 0 rg BT 188.64 490.65 Td (for ) Tj ET Q q 0 0 0 rg BT 199.51 490.65 Td (the ) Tj ET Q q 0 0 0 rg BT 210.80 490.65 Td (nine ) Tj ET Q q 0 0 0 rg BT 226.10 490.65 Td (months ) Tj ET Q q 0 0 0 rg BT 250.74 490.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 271.37 490.65 Td (September ) Tj ET Q q 0 0 0 rg BT 306.66 490.65 Td (30, ) Tj ET Q q 0 0 0 rg BT 318.19 490.65 Td (2017 ) Tj ET Q q 0 0 0 rg BT 335.71 490.65 Td (ar) Tj ET Q q 0 0 0 rg BT 342.53 490.65 Td (e ) Tj ET Q q 0 0 0 rg BT 347.60 490.65 Td (net ) Tj ET Q q 0 0 0 rg BT 358.90 490.65 Td (of ) Tj ET Q q 0 0 0 rg BT 366.65 490.65 Td (8 ) Tj ET Q q 0 0 0 rg BT 376.18 490.65 Td (million ) Tj ET Q q 0 0 0 rg BT 400.37 490.65 Td (of ) Tj ET Q q 0 0 0 rg BT 408.12 490.65 Td (pr) Tj ET Q q 0 0 0 rg BT 414.93 490.65 Td (oceeds ) Tj ET Q q 0 0 0 rg BT 438.22 490.65 Td (fr) Tj ET Q q 0 0 0 rg BT 443.26 490.65 Td (om ) Tj ET Q q 0 0 0 rg BT 454.57 490.65 Td (exer) Tj ET Q q 0 0 0 rg BT 468.04 490.65 Td (cising ) Tj ET Q q 0 0 0 rg BT 488.67 490.65 Td (the ) Tj ET Q q 0 0 0 rg BT 499.97 490.65 Td (Delta ) Tj ET Q q 0 0 0 rg BT 519.27 490.65 Td (T) Tj ET Q q 0 0 0 rg BT 522.98 490.65 Td (opco ) Tj ET Q q 0 0 0 rg BT 540.06 490.65 Td (option. ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 481.05 Td (The ) Tj ET Q q 0 0 0 rg BT 81.20 481.05 Td (Gr) Tj ET Q q 0 0 0 rg BT 89.79 481.05 Td (oup ) Tj ET Q q 0 0 0 rg BT 103.49 481.05 Td (exer) Tj ET Q q 0 0 0 rg BT 116.96 481.05 Td (cised ) Tj ET Q q 0 0 0 rg BT 135.09 481.05 Td (the ) Tj ET Q q 0 0 0 rg BT 146.56 481.05 Td (Delta ) Tj ET Q q 0 0 0 rg BT 166.03 481.05 Td (T) Tj ET Q q 0 0 0 rg BT 169.74 481.05 Td (opco ) Tj ET Q q 0 0 0 rg BT 186.99 481.05 Td (option ) Tj ET Q q 0 0 0 rg BT 209.13 481.05 Td (as ) Tj ET Q q 0 0 0 rg BT 217.94 481.05 Td (a ) Tj ET Q q 0 0 0 rg BT 223.64 481.05 Td (r) Tj ET Q q 0 0 0 rg BT 226.45 481.05 Td (esult ) Tj ET Q q 0 0 0 rg BT 243.26 481.05 Td (of ) Tj ET Q q 0 0 0 rg BT 251.18 481.05 Td (the ) Tj ET Q q 0 0 0 rg BT 262.65 481.05 Td (sale ) Tj ET Q q 0 0 0 rg BT 277.23 481.05 Td (in ) Tj ET Q q 0 0 0 rg BT 285.15 481.05 Td (January ) Tj ET Q q 0 0 0 rg BT 313.06 481.05 Td (2017 ) Tj ET Q q 0 0 0 rg BT 330.76 481.05 Td (of ) Tj ET Q q 0 0 0 rg BT 338.68 481.05 Td (Delta ) Tj ET Q q 0 0 0 rg BT 358.15 481.05 Td (T) Tj ET Q q 0 0 0 rg BT 361.86 481.05 Td (opco ) Tj ET Q q 0 0 0 rg BT 379.11 481.05 Td (\(a ) Tj ET Q q 0 0 0 rg BT 387.47 481.05 Td (company ) Tj ET Q q 0 0 0 rg BT 418.04 481.05 Td (belonging ) Tj ET Q q 0 0 0 rg BT 451.74 481.05 Td (to ) Tj ET Q q 0 0 0 rg BT 459.66 481.05 Td (the ) Tj ET Q q 0 0 0 rg BT 471.13 481.05 Td (Formula ) Tj ET Q q 0 0 0 rg BT 500.82 481.05 Td (1 ) Tj ET Q q 0 0 0 rg BT 506.52 481.05 Td (Gr) Tj ET Q q 0 0 0 rg BT 515.11 481.05 Td (oup\) ) Tj ET Q q 0 0 0 rg BT 531.47 481.05 Td (to ) Tj ET Q q 0 0 0 rg BT 539.39 481.05 Td (Liberty ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 471.45 Td (Media ) Tj ET Q q 0 0 0 rg BT 91.17 471.45 Td (Corporation, ) Tj ET Q q 0 0 0 rg BT 136.41 471.45 Td (following ) Tj ET Q q 0 0 0 rg BT 169.86 471.45 Td (which ) Tj ET Q q 0 0 0 rg BT 192.21 471.45 Td (the ) Tj ET Q q 0 0 0 rg BT 205.21 471.45 Td (Gr) Tj ET Q q 0 0 0 rg BT 213.80 471.45 Td (oup ) Tj ET Q q 0 0 0 rg BT 229.03 471.45 Td (subsequently ) Tj ET Q q 0 0 0 rg BT 273.59 471.45 Td (r) Tj ET Q q 0 0 0 rg BT 276.41 471.45 Td (eceived ) Tj ET Q q 0 0 0 rg BT 303.61 471.45 Td (a ) Tj ET Q q 0 0 0 rg BT 310.84 471.45 Td (combination ) Tj ET Q q 0 0 0 rg BT 354.07 471.45 Td (of ) Tj ET Q q 0 0 0 rg BT 363.52 471.45 Td (cash, ) Tj ET Q q 0 0 0 rg BT 383.42 471.45 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 409.76 471.45 Td (Media ) Tj ET Q q 0 0 0 rg BT 433.43 471.45 Td (Corporation ) Tj ET Q q 0 0 0 rg BT 476.67 471.45 Td (shar) Tj ET Q q 0 0 0 rg BT 490.60 471.45 Td (es ) Tj ET Q q 0 0 0 rg BT 500.49 471.45 Td (and ) Tj ET Q q 0 0 0 rg BT 515.72 471.45 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 542.06 471.45 Td (Media ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 67.50 461.85 Td (Corporation ) Tj ET Q q 0 0 0 rg BT 109.51 461.85 Td (exchangeable ) Tj ET Q q 0 0 0 rg BT 155.48 461.85 Td (notes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 436.65 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 436.65 Td (Free ) Tj ET Q q 0 0 0 rg BT 110.23 436.65 Td (Cash ) Tj ET Q q 0 0 0 rg BT 132.70 436.65 Td (Flow ) Tj ET Q q 0 0 0 rg BT 155.72 436.65 Td (for ) Tj ET Q q 0 0 0 rg BT 169.84 436.65 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.52 436.65 Td (nine ) Tj ET Q q 0 0 0 rg BT 204.20 436.65 Td (months ) Tj ET Q q 0 0 0 rg BT 236.12 436.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 262.46 436.65 Td (September ) Tj ET Q q 0 0 0 rg BT 307.68 436.65 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.18 436.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 436.65 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.65 436.65 Td ( ) Tj ET Q q 0 0 0 rg BT 345.11 436.65 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.13 436.65 Td (216 ) Tj ET Q q 0 0 0 rg BT 385.59 436.65 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.48 436.65 Td (, ) Tj ET Q q 0 0 0 rg BT 419.44 436.65 Td (a ) Tj ET Q q 0 0 0 rg BT 426.35 436.65 Td (decrease ) Tj ET Q q 0 0 0 rg BT 463.22 436.65 Td (of ) Tj ET Q q 0 0 0 rg BT 474.02 436.65 Td (52) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 489.02 436.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.73 436.65 Td (million ) Tj ET Q q 0 0 0 rg BT 523.08 436.65 Td (compared ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 424.65 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.34 424.65 Td (268 ) Tj ET Q q 0 0 0 rg BT 86.90 424.65 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.79 424.65 Td ( ) Tj ET Q q 0 0 0 rg BT 118.36 424.65 Td (for ) Tj ET Q q 0 0 0 rg BT 132.58 424.65 Td (the ) Tj ET Q q 0 0 0 rg BT 147.36 424.65 Td (nine ) Tj ET Q q 0 0 0 rg BT 167.14 424.65 Td (months ) Tj ET Q q 0 0 0 rg BT 199.15 424.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 225.59 424.65 Td (September ) Tj ET Q q 0 0 0 rg BT 270.92 424.65 Td (30, ) Tj ET Q q 0 0 0 rg BT 285.98 424.65 Td (2017. ) Tj ET Q q 0 0 0 rg BT 311.04 424.65 Td (For ) Tj ET Q q 0 0 0 rg BT 327.49 424.65 Td (an ) Tj ET Q q 0 0 0 rg BT 339.50 424.65 Td (explanation ) Tj ET Q q 0 0 0 rg BT 388.71 424.65 Td (of ) Tj ET Q q 0 0 0 rg BT 399.60 424.65 Td (the ) Tj ET Q q 0 0 0 rg BT 414.38 424.65 Td (drivers ) Tj ET Q q 0 0 0 rg BT 444.71 424.65 Td (in ) Tj ET Q q 0 0 0 rg BT 455.05 424.65 Td (Free ) Tj ET Q q 0 0 0 rg BT 475.38 424.65 Td (Cash ) Tj ET Q q 0 0 0 rg BT 497.95 424.65 Td (Flow ) Tj ET Q q 0 0 0 rg BT 521.07 424.65 Td (see ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 536.40 424.65 Td (Cash ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 412.65 Td (Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.01 412.65 Td ( ) Tj ET Q q 0 0 0 rg BT 86.51 412.65 Td (above.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 388.65 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 388.65 Td (Free ) Tj ET Q q 0 0 0 rg BT 110.13 388.65 Td (Cash ) Tj ET Q q 0 0 0 rg BT 132.50 388.65 Td (Flow ) Tj ET Q q 0 0 0 rg BT 155.43 388.65 Td (from ) Tj ET Q q 0 0 0 rg BT 177.23 388.65 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 217.40 388.65 Td (Activities ) Tj ET Q q 0 0 0 rg BT 258.65 388.65 Td (for ) Tj ET Q q 0 0 0 rg BT 272.67 388.65 Td (the ) Tj ET Q q 0 0 0 rg BT 287.26 388.65 Td (nine ) Tj ET Q q 0 0 0 rg BT 306.84 388.65 Td (months ) Tj ET Q q 0 0 0 rg BT 338.65 388.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 364.90 388.65 Td (September ) Tj ET Q q 0 0 0 rg BT 410.02 388.65 Td (30, ) Tj ET Q q 0 0 0 rg BT 424.89 388.65 Td (2018 ) Tj ET Q q 0 0 0 rg BT 447.26 388.65 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.17 388.65 Td (287 ) Tj ET Q q 0 0 0 rg BT 487.54 388.65 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.43 388.65 Td (, ) Tj ET Q q 0 0 0 rg BT 521.30 388.65 Td (a ) Tj ET Q q 0 0 0 rg BT 528.10 388.65 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 376.65 Td (of ) Tj ET Q q 0 0 0 rg BT 64.84 376.65 Td (27 ) Tj ET Q q 0 0 0 rg BT 82.35 376.65 Td (million ) Tj ET Q q 0 0 0 rg BT 113.75 376.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 155.68 376.65 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.97 376.65 Td (315 ) Tj ET Q q 0 0 0 rg BT 188.48 376.65 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.37 376.65 Td ( ) Tj ET Q q 0 0 0 rg BT 219.88 376.65 Td (for ) Tj ET Q q 0 0 0 rg BT 234.05 376.65 Td (the ) Tj ET Q q 0 0 0 rg BT 248.77 376.65 Td (nine ) Tj ET Q q 0 0 0 rg BT 268.50 376.65 Td (months ) Tj ET Q q 0 0 0 rg BT 300.45 376.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 326.84 376.65 Td (September ) Tj ET Q q 0 0 0 rg BT 372.11 376.65 Td (30, ) Tj ET Q q 0 0 0 rg BT 387.12 376.65 Td (2017. ) Tj ET Q q 0 0 0 rg BT 411.95 376.65 Td (The ) Tj ET Q q 0 0 0 rg BT 430.00 376.65 Td (decrease ) Tj ET Q q 0 0 0 rg BT 466.93 376.65 Td (in ) Tj ET Q q 0 0 0 rg BT 477.21 376.65 Td (Free ) Tj ET Q q 0 0 0 rg BT 497.49 376.65 Td (Cash ) Tj ET Q q 0 0 0 rg BT 520.00 376.65 Td (Flow ) Tj ET Q q 0 0 0 rg BT 543.07 376.65 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 364.65 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 94.35 364.65 Td (Activities ) Tj ET Q q 0 0 0 rg BT 135.83 364.65 Td (was ) Tj ET Q q 0 0 0 rg BT 153.98 364.65 Td (primarily ) Tj ET Q q 0 0 0 rg BT 193.79 364.65 Td (attributable ) Tj ET Q q 0 0 0 rg BT 241.92 364.65 Td (to ) Tj ET Q q 0 0 0 rg BT 252.30 364.65 Td (an ) Tj ET Q q 0 0 0 rg BT 264.33 364.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 299.69 364.65 Td (in ) Tj ET Q q 0 0 0 rg BT 310.06 364.65 Td (capital ) Tj ET Q q 0 0 0 rg BT 339.31 364.65 Td (expenditures, ) Tj ET Q q 0 0 0 rg BT 395.50 364.65 Td (partially ) Tj ET Q q 0 0 0 rg BT 431.42 364.65 Td (of) Tj ET Q q 0 0 0 rg BT 439.57 364.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 456.61 364.65 Td (by ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 469.20 364.65 Td (an ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 481.24 364.65 Td (increase ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 516.59 364.65 Td (in ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 526.39 364.65 Td (Adjusted ) Tj ET Q BT /F1 10.00 Tf ET q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 54.00 352.65 Td (EBITDA, ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 95.97 352.65 Td (a ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 103.21 352.65 Td (positive ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 137.68 352.65 Td (change ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 168.81 352.65 Td (in ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 179.39 352.65 Td (working ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 215.53 352.65 Td (capital ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 244.98 352.65 Td (and ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 262.23 352.65 Td (a ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 269.47 352.65 Td (decrease ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 306.70 352.65 Td (in ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 317.28 352.65 Td (income ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 349.52 352.65 Td (taxes ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 372.87 352.65 Td (paid ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 392.90 352.65 Td (primarily ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 432.92 352.65 Td (due ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 450.16 352.65 Td (to ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 460.75 352.65 Td (an ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 472.99 352.65 Td (increase ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 508.55 352.65 Td (in ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 519.14 352.65 Td (the ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 534.16 352.65 Td (cap ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 550.84 352.65 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 54.00 340.65 Td (eligible ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 86.49 340.65 Td (research ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 122.30 340.65 Td (and ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 139.23 340.65 Td (development ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 193.38 340.65 Td (costs.) Tj ET Q endstream endobj 65 0 obj <> endobj 66 0 obj <> stream BT /F1 12.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 300.00 41.20 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 731.25 Td (Recent ) Tj ET Q q 0 0 0 rg BT 85.93 731.25 Td (Developments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 707.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 707.25 Td (On ) Tj ET Q q 0 0 0 rg BT 105.34 707.25 Td (September ) Tj ET Q q 0 0 0 rg BT 151.22 707.25 Td (18, ) Tj ET Q q 0 0 0 rg BT 166.84 707.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 192.45 707.25 Td (we ) Tj ET Q q 0 0 0 rg BT 207.23 707.25 Td (outlined ) Tj ET Q q 0 0 0 rg BT 243.12 707.25 Td (the ) Tj ET Q q 0 0 0 rg BT 258.45 707.25 Td (plans ) Tj ET Q q 0 0 0 rg BT 282.68 707.25 Td (and ) Tj ET Q q 0 0 0 rg BT 300.23 707.25 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 342.79 707.25 Td (to ) Tj ET Q q 0 0 0 rg BT 353.68 707.25 Td (achieve ) Tj ET Q q 0 0 0 rg BT 387.33 707.25 Td (our ) Tj ET Q q 0 0 0 rg BT 403.78 707.25 Td (key ) Tj ET Q q 0 0 0 rg BT 421.33 707.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 459.43 707.25 Td (tar) Tj ET Q q 0 0 0 rg BT 469.80 707.25 Td (gets ) Tj ET Q q 0 0 0 rg BT 489.02 707.25 Td (and ) Tj ET Q q 0 0 0 rg BT 506.58 707.25 Td (our ) Tj ET Q q 0 0 0 rg BT 523.02 707.25 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 695.25 Td (policy ) Tj ET Q q 0 0 0 rg BT 81.50 695.25 Td (to ) Tj ET Q q 0 0 0 rg BT 91.77 695.25 Td (2022, ) Tj ET Q q 0 0 0 rg BT 116.77 695.25 Td (including ) Tj ET Q q 0 0 0 rg BT 157.05 695.25 Td (the ) Tj ET Q q 0 0 0 rg BT 171.76 695.25 Td (following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 671.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 671.25 Td (Continued ) Tj ET Q q 0 0 0 rg BT 134.65 671.25 Td (focus ) Tj ET Q q 0 0 0 rg BT 159.30 671.25 Td (on ) Tj ET Q q 0 0 0 rg BT 172.29 671.25 Td (the ) Tj ET Q q 0 0 0 rg BT 187.50 671.25 Td (strategic ) Tj ET Q q 0 0 0 rg BT 224.36 671.25 Td (pillars ) Tj ET Q q 0 0 0 rg BT 252.34 671.25 Td (of ) Tj ET Q q 0 0 0 rg BT 263.66 671.25 Td (our ) Tj ET Q q 0 0 0 rg BT 279.98 671.25 Td (product ) Tj ET Q q 0 0 0 rg BT 313.51 671.25 Td (of) Tj ET Q q 0 0 0 rg BT 321.66 671.25 Td (fering: ) Tj ET Q q 0 0 0 rg BT 351.30 671.25 Td (sports ) Tj ET Q q 0 0 0 rg BT 378.18 671.25 Td (range, ) Tj ET Q q 0 0 0 rg BT 405.88 671.25 Td (GT) Tj ET Q q 0 0 0 rg BT 419.03 671.25 Td ( ) Tj ET Q q 0 0 0 rg BT 422.02 671.25 Td (range, ) Tj ET Q q 0 0 0 rg BT 449.71 671.25 Td (special ) Tj ET Q q 0 0 0 rg BT 480.46 671.25 Td (series, ) Tj ET Q q 0 0 0 rg BT 508.72 671.25 Td (and ) Tj ET Q q 0 0 0 rg BT 526.15 671.25 Td (the ) Tj ET Q q 0 0 0 rg BT 541.35 671.25 Td (new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 659.25 Td (pillar ) Tj ET Q q 0 0 0 rg BT 113.60 659.25 Td (of ) Tj ET Q q 0 0 0 rg BT 124.43 659.25 Td (our ) Tj ET Q q 0 0 0 rg BT 140.26 659.25 Td (of) Tj ET Q q 0 0 0 rg BT 148.41 659.25 Td (fering, ) Tj ET Q q 0 0 0 rg BT 177.29 659.25 Td (the ) Tj ET Q q 0 0 0 rg BT 192.01 659.25 Td (Icona, ) Tj ET Q q 0 0 0 rg BT 219.21 659.25 Td (which ) Tj ET Q q 0 0 0 rg BT 246.15 659.25 Td (will ) Tj ET Q q 0 0 0 rg BT 264.21 659.25 Td (always ) Tj ET Q q 0 0 0 rg BT 294.48 659.25 Td (be ) Tj ET Q q 0 0 0 rg BT 306.42 659.25 Td (strictly ) Tj ET Q q 0 0 0 rg BT 336.69 659.25 Td (limited;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 647.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 647.25 Td (Significant ) Tj ET Q q 0 0 0 rg BT 137.11 647.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 188.11 647.25 Td (in ) Tj ET Q q 0 0 0 rg BT 199.11 647.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 228.99 647.25 Td (expenditure ) Tj ET Q q 0 0 0 rg BT 279.42 647.25 Td (to ) Tj ET Q q 0 0 0 rg BT 290.42 647.25 Td (expand ) Tj ET Q q 0 0 0 rg BT 322.53 647.25 Td (and ) Tj ET Q q 0 0 0 rg BT 340.19 647.25 Td (broaden ) Tj ET Q q 0 0 0 rg BT 375.63 647.25 Td (our ) Tj ET Q q 0 0 0 rg BT 392.18 647.25 Td (product ) Tj ET Q q 0 0 0 rg BT 425.96 647.25 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 466.68 647.25 Td (which ) Tj ET Q q 0 0 0 rg BT 494.34 647.25 Td (will ) Tj ET Q q 0 0 0 rg BT 513.13 647.25 Td (include ) Tj ET Q q 0 0 0 rg BT 545.79 647.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 635.25 Td (introduction ) Tj ET Q q 0 0 0 rg BT 141.62 635.25 Td (of ) Tj ET Q q 0 0 0 rg BT 152.68 635.25 Td (several ) Tj ET Q q 0 0 0 rg BT 183.73 635.25 Td (new ) Tj ET Q q 0 0 0 rg BT 203.12 635.25 Td (model ) Tj ET Q q 0 0 0 rg BT 230.85 635.25 Td (launches ) Tj ET Q q 0 0 0 rg BT 268.57 635.25 Td (between ) Tj ET Q q 0 0 0 rg BT 304.62 635.25 Td (2019 ) Tj ET Q q 0 0 0 rg BT 327.35 635.25 Td (and ) Tj ET Q q 0 0 0 rg BT 344.52 635.25 Td (2022 ) Tj ET Q q 0 0 0 rg BT 367.26 635.25 Td (and ) Tj ET Q q 0 0 0 rg BT 384.43 635.25 Td (the ) Tj ET Q q 0 0 0 rg BT 399.38 635.25 Td (integration ) Tj ET Q q 0 0 0 rg BT 445.43 635.25 Td (of ) Tj ET Q q 0 0 0 rg BT 456.50 635.25 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 485.34 635.25 Td (powertrains ) Tj ET Q q 0 0 0 rg BT 535.28 635.25 Td (into ) Tj ET Q q 0 0 0 rg BT 553.57 635.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 623.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 134.71 623.25 Td (percentage ) Tj ET Q q 0 0 0 rg BT 180.51 623.25 Td (of ) Tj ET Q q 0 0 0 rg BT 191.34 623.25 Td (models ) Tj ET Q q 0 0 0 rg BT 222.73 623.25 Td (by ) Tj ET Q q 0 0 0 rg BT 235.23 623.25 Td (2022;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 611.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 611.25 Td (Drive ) Tj ET Q q 0 0 0 rg BT 115.27 611.25 Td (profitability ) Tj ET Q q 0 0 0 rg BT 165.54 611.25 Td (through ) Tj ET Q q 0 0 0 rg BT 199.15 611.25 Td (pricing ) Tj ET Q q 0 0 0 rg BT 229.97 611.25 Td (and ) Tj ET Q q 0 0 0 rg BT 246.91 611.25 Td (mix, ) Tj ET Q q 0 0 0 rg BT 267.47 611.25 Td (as ) Tj ET Q q 0 0 0 rg BT 278.30 611.25 Td (well ) Tj ET Q q 0 0 0 rg BT 298.01 611.25 Td (as ) Tj ET Q q 0 0 0 rg BT 308.84 611.25 Td (volumes, ) Tj ET Q q 0 0 0 rg BT 347.73 611.25 Td (allowing ) Tj ET Q q 0 0 0 rg BT 385.22 611.25 Td (us ) Tj ET Q q 0 0 0 rg BT 396.62 611.25 Td (to ) Tj ET Q q 0 0 0 rg BT 406.89 611.25 Td (achieve ) Tj ET Q q 0 0 0 rg BT 439.93 611.25 Td (increasing ) Tj ET Q q 0 0 0 rg BT 483.52 611.25 Td (mar) Tj ET Q q 0 0 0 rg BT 498.89 611.25 Td (gins;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 599.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 599.25 Td (Significant ) Tj ET Q q 0 0 0 rg BT 135.97 599.25 Td (industrial ) Tj ET Q q 0 0 0 rg BT 175.83 599.25 Td (free ) Tj ET Q q 0 0 0 rg BT 193.46 599.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 213.32 599.25 Td (flow ) Tj ET Q q 0 0 0 rg BT 233.74 599.25 Td (generation ) Tj ET Q q 0 0 0 rg BT 278.03 599.25 Td (and ) Tj ET Q q 0 0 0 rg BT 294.56 599.25 Td (continual ) Tj ET Q q 0 0 0 rg BT 333.86 599.25 Td (shareholder ) Tj ET Q q 0 0 0 rg BT 382.60 599.25 Td (remuneration ) Tj ET Q q 0 0 0 rg BT 438.00 599.25 Td (through ) Tj ET Q q 0 0 0 rg BT 471.20 599.25 Td (a ) Tj ET Q q 0 0 0 rg BT 477.72 599.25 Td (combination ) Tj ET Q q 0 0 0 rg BT 529.80 599.25 Td (of ) Tj ET Q q 0 0 0 rg BT 540.22 599.25 Td (both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 587.25 Td (dividends ) Tj ET Q q 0 0 0 rg BT 131.39 587.25 Td (and ) Tj ET Q q 0 0 0 rg BT 148.33 587.25 Td (share ) Tj ET Q q 0 0 0 rg BT 171.92 587.25 Td (buybacks.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 563.25 Td (Outlook) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 539.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 76.50 539.25 Td (Updated ) Tj ET Q q 0 0 0 rg BT 112.88 539.25 Td (Guidance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 515.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 515.25 Td (Shipments ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 134.73 515.25 Td (> 9,000 including hypercars) Tj ET Q BT /F1 10.00 Tf ET q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 72.00 491.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 90.00 491.25 Td (Net revenues > 3.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 72.00 467.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 90.00 467.25 Td (Adjusted EBITDA) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 164.72 467.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL /GS0 gs q 5.49 0 0 10.09 167.22 465.09 cm /I8 Do Q q 0 0 0 rg BT 172.71 467.25 Td ( ) Tj ET Q q 0 0 0 rg BT 175.21 467.25 Td (1.1 ) Tj ET Q q 0 0 0 rg BT 195.21 467.25 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 443.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 443.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 108.05 443.25 Td (Industrial ) Tj ET Q q 0 0 0 rg BT 149.98 443.25 Td (Debt ) Tj ET Q q 0 0 0 rg BT 173.03 443.25 Td (< ) Tj ET Q q 0 0 0 rg BT 182.28 443.25 Td (350 ) Tj ET Q q 0 0 0 rg BT 205.88 443.25 Td (million, ) Tj ET Q q 0 0 0 rg BT 240.88 443.25 Td (including ) Tj ET Q q 0 0 0 rg BT 282.27 443.25 Td (dividends ) Tj ET Q q 0 0 0 rg BT 324.76 443.25 Td (already ) Tj ET Q q 0 0 0 rg BT 357.79 443.25 Td (distributed ) Tj ET Q q 0 0 0 rg BT 404.17 443.25 Td (to ) Tj ET Q q 0 0 0 rg BT 415.56 443.25 Td (the ) Tj ET Q q 0 0 0 rg BT 431.39 443.25 Td (holders ) Tj ET Q q 0 0 0 rg BT 464.43 443.25 Td (of ) Tj ET Q q 0 0 0 rg BT 476.37 443.25 Td (common ) Tj ET Q q 0 0 0 rg BT 514.98 443.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 543.57 443.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 431.25 Td (excluding ) Tj ET Q q 0 0 0 rg BT 131.93 431.25 Td (any ) Tj ET Q q 0 0 0 rg BT 148.87 431.25 Td (share ) Tj ET Q q 0 0 0 rg BT 172.47 431.25 Td (repurchase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 407.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 407.25 Td (Capital Expenditures ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 176.65 407.25 Td (~ 650 million) Tj ET Q endstream endobj 67 0 obj <><><><><><>] /Rotate 0 /Contents 68 0 R>> endobj 68 0 obj <> stream BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 272.85 731.25 Td (FERRARI N.V) Tj ET Q q 0 0 0 rg BT 336.56 731.25 Td (.) 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1 rg /GS0 gs 372.50 452.35 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 452.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 452.35 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 452.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 452.35 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 424.35 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.50 424.35 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 424.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 424.35 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 424.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 424.35 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 424.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 424.35 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 424.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 424.35 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 395.35 205.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.50 395.35 43.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 395.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 395.35 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 395.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 395.35 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 395.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 395.35 57.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 395.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 395.35 57.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 646.35 m 368.5 646.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 646.35 m 372.5 646.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 646.35 m 435.5 646.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 646.35 m 496.5 646.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 646.35 m 500.5 646.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 646.35 m 557.5 646.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.5 632.35 m 301.5 632.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 646.35 m 368.5 646.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 632.35 m 368.5 632.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 646.35 m 435.5 646.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 632.35 m 435.5 632.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 646.35 m 496.5 646.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 632.35 m 496.5 632.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 646.35 m 557.5 646.35 l s 0 0 0 RG /GS0 gs 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480.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 467.35 m 368.5 467.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 465.35 m 368.5 465.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 467.35 m 435.5 467.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 465.35 m 435.5 465.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 467.35 m 496.5 467.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 465.35 m 496.5 465.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 467.35 m 557.5 467.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 465.35 m 557.5 465.35 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.90 659.80 Td (For) Tj ET Q q 0 0 0 rg BT 332.81 659.80 Td ( the thr) Tj ET Q q 0 0 0 rg BT 361.14 659.80 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.55 650.80 Td (September) Tj ET Q q 0 0 0 rg BT 385.96 650.80 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.55 659.80 Td (For) Tj ET Q q 0 0 0 rg BT 462.46 659.80 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.55 650.80 Td (September) Tj ET Q q 0 0 0 rg BT 513.96 650.80 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 636.80 Td (Note) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.50 636.80 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.50 636.80 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.50 636.80 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.50 636.80 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 414.35 624.30 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 610.81 Td (Net revenues) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.25 610.81 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 335.75 610.81 Td (838,180) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 402.75 610.81 Td (835,915) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.00 610.81 Td (2,574,836) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 518.00 610.81 Td (2,576,957) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 596.81 Td (Cost of sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.25 596.81 Td (7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 335.75 596.81 Td (400,994) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 402.75 596.81 Td (395,710) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.00 596.81 Td (1,223,202) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 518.00 596.81 Td (1,251,626) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 582.81 Td (Selling, general and administrative costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.25 582.81 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 340.25 582.81 Td (86,874) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.25 582.81 Td (90,585) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.75 582.81 Td (240,265) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 582.81 Td (254,795) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 568.81 Td (Research and development costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.25 568.81 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 335.75 568.81 Td (143,634) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 402.75 568.81 Td (147,339) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.75 568.81 Td (482,435) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 568.81 Td (482,286) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 554.81 Td (Other expenses/\(income\), net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.00 554.81 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.75 554.81 Td (4,160) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 418.50 554.81 Td (588) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.50 554.81 Td (\(421) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.00 554.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 554.81 Td (8,864) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 540.81 Td (Result from investments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.50 540.81 Td (604) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 418.50 540.81 Td (596) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 472.75 540.81 Td (1,950) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 540.81 Td (1,809) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 526.80 Td (EBIT) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.75 526.80 Td (203,122) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.75 526.80 Td (202,289) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.75 526.80 Td (631,305) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 526.80 Td (581,195) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 512.81 Td (Net financial expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.00 512.81 Td (1) Tj ET Q q 0 0 0 rg BT 279.50 512.81 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.75 512.81 Td (6,286) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.75 512.81 Td (8,097) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 468.25 512.81 Td (15,075) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 512.81 Td (24,910) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 498.80 Td (Pr) Tj ET Q q 0 0 0 rg BT 65.41 498.80 Td (ofit befor) Tj ET Q q 0 0 0 rg BT 100.98 498.80 Td (e taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.75 498.80 Td (196,836) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.75 498.80 Td (194,192) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.75 498.80 Td (616,230) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 498.80 Td (556,285) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 484.81 Td (Income tax \(benefit\)/expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.00 484.81 Td (12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.25 484.81 Td (\(91,001) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 365.00 484.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.25 484.81 Td (53,650) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 468.25 484.81 Td (19,719) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 484.81 Td (155,760) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 470.80 Td (Net pr) Tj ET Q q 0 0 0 rg BT 80.66 470.80 Td (ofit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.75 470.80 Td (287,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.75 470.80 Td (140,542) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.75 470.80 Td (596,51) Tj ET Q q 0 0 0 rg BT 488.50 470.80 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 470.80 Td (400,525) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 456.80 Td (Net pr) Tj ET Q q 0 0 0 rg BT 80.58 456.80 Td (ofit attributable to:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 62.00 442.80 Td (Owners of the par) Tj ET Q q 0 0 0 rg BT 127.08 442.80 Td (ent) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.75 442.80 Td (286,922) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 402.75 442.80 Td (140,146) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 463.75 442.80 Td (594,827) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.75 442.80 Td (399,750) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 62.00 428.80 Td (Non-contr) Tj ET Q q 0 0 0 rg BT 98.66 428.80 Td (olling inter) Tj ET Q q 0 0 0 rg BT 138.58 428.80 Td (ests) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.50 428.80 Td (915) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.50 428.80 Td (396) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.75 428.80 Td (1,684) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.50 428.80 Td (775) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 399.80 Td (Basic earnings per) Tj ET Q q 0 0 0 rg BT 126.84 399.80 Td ( common shar) Tj ET Q q 0 0 0 rg BT 181.17 399.80 Td (e \(in \)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.00 399.81 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.25 399.81 Td (1.52) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 416.25 399.81 Td (0.74) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 399.81 Td (3.15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.25 399.81 Td (2.1) Tj ET Q q 0 0 0 rg BT 549.50 399.81 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 385.80 Td (Diluted earnings per) Tj ET Q q 0 0 0 rg BT 134.84 385.80 Td ( common shar) Tj ET Q q 0 0 0 rg BT 189.17 385.80 Td (e \(in \)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.00 385.81 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.25 385.81 Td (1.51) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 416.25 385.81 Td (0.74) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 385.81 Td (3.14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.25 385.81 Td (2.1) Tj ET Q q 0 0 0 rg BT 549.50 385.81 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.00 69.85 Td (The accompanying notes are an integral part of the Interim Condensed Consolidated Financial Statements.) Tj ET Q endstream endobj 71 0 obj <> endobj 72 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 297.65 41.20 Td (F-2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 272.85 731.25 Td (FERRARI N.V) Tj ET Q q 0 0 0 rg BT 336.56 731.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 133.85 719.25 Td (INTERIM CONSOLIDA) Tj ET Q q 0 0 0 rg BT 241.18 719.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 275.73 719.25 Td (A) Tj ET Q q 0 0 0 rg BT 282.21 719.25 Td (TEMENT) Tj ET Q q 0 0 0 rg BT 325.37 719.25 Td ( OF) Tj ET Q q 0 0 0 rg BT 341.38 719.25 Td ( COMPREHENSIVE INCOME ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.15 707.25 Td (for) Tj ET Q q 0 0 0 rg BT 177.74 707.25 Td ( the thr) Tj ET Q q 0 0 0 rg BT 209.22 707.25 Td (ee and nine months ended September) Tj ET Q q 0 0 0 rg BT 368.21 707.25 Td ( 30, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.71 707.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.71 707.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.83 707.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.15 695.25 Td (\(Unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 52.50 616.35 268.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 616.35 30.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 616.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 616.35 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 616.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 616.35 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 616.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 616.35 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 616.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 616.35 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.50 578.35 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 578.35 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 578.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 578.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 578.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 578.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 578.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 578.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 578.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 578.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.50 548.35 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 548.35 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 548.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 548.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 548.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 548.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 548.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 548.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 548.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 548.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.50 509.35 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 509.35 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 509.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 509.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 509.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 509.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 509.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 509.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 509.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 509.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.50 479.35 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 479.35 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 479.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 479.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 479.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 479.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 479.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 479.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 479.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 479.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.50 449.35 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 449.35 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 449.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 449.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 449.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 449.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 449.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 449.35 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 449.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 449.35 48.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 643.35 m 402.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 643.35 m 406.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 643.35 m 454.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 643.35 m 506.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 643.35 m 510.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 643.35 m 558.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 629.35 m 350.5 629.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 643.35 m 402.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 629.35 m 402.5 629.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 643.35 m 454.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 629.35 m 454.5 629.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 643.35 m 506.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 629.35 m 506.5 629.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 643.35 m 558.5 643.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 629.35 m 558.5 629.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 533.35 m 402.5 533.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 533.35 m 454.5 533.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 533.35 m 506.5 533.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 533.35 m 558.5 533.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 509.35 m 402.5 509.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 509.35 m 454.5 509.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 509.35 m 506.5 509.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 509.35 m 558.5 509.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 494.35 m 402.5 494.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 494.35 m 454.5 494.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 494.35 m 506.5 494.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 494.35 m 558.5 494.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 480.35 m 402.5 480.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 478.35 m 402.5 478.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 480.35 m 454.5 480.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 478.35 m 454.5 478.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 480.35 m 506.5 480.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 478.35 m 506.5 478.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 480.35 m 558.5 480.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 478.35 m 558.5 478.35 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.50 656.80 Td (For) Tj ET Q q 0 0 0 rg BT 379.41 656.80 Td ( the thr) Tj ET Q q 0 0 0 rg BT 407.74 656.80 Td (ee months) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.95 647.80 Td (ended September) Tj ET Q q 0 0 0 rg BT 432.61 647.80 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.20 656.80 Td (For) Tj ET Q q 0 0 0 rg BT 485.11 656.80 Td ( the nine months) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.95 647.80 Td (ended September) Tj ET Q q 0 0 0 rg BT 536.61 647.80 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.00 633.80 Td (Note) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.00 633.80 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.00 633.80 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.00 633.80 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.00 633.80 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.85 620.60 Td (\( thousand\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.00 606.80 Td (Net pr) Tj ET Q q 0 0 0 rg BT 79.58 606.80 Td (ofit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.75 606.80 Td (287,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 421.75 606.80 Td (140,542) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.75 606.80 Td (596,51) Tj ET Q q 0 0 0 rg BT 498.50 606.80 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 606.80 Td (400,525) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.00 591.81 Td (Items that may be reclassified to the consolidated income statement in) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.00 582.81 Td (subsequent periods:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 567.81 Td (Gains/\(Losses\) on cash flow hedging instruments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.50 567.81 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 378.75 567.81 Td (1,698) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.75 567.81 Td (\(4,290) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 451.00 567.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 475.25 567.81 Td (\(1) Tj ET Q q 0 0 0 rg BT 482.75 567.81 Td (1,146) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 567.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 567.81 Td (43,381) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 552.81 Td (Exchange dif) Tj ET Q q 0 0 0 rg BT 108.65 552.81 Td (ferences on translating foreign operations) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.50 552.81 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 385.50 552.81 Td (281) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.75 552.81 Td (\(4,923) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 451.00 552.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.75 552.81 Td (4,213) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.25 552.81 Td (\(15,572) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 555.00 552.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 537.81 Td (Related tax impact) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.50 537.81 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 382.50 537.81 Td (\(473) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 399.00 537.81 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.75 537.81 Td (1,197) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.75 537.81 Td (3,1) Tj ET Q q 0 0 0 rg BT 494.00 537.81 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.25 537.81 Td (\(12,103) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 555.00 537.81 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.00 522.80 Td (T) Tj ET Q q 0 0 0 rg BT 60.18 522.80 Td (otal items that may be r) Tj ET Q q 0 0 0 rg BT 151.24 522.80 Td (eclassified to the consolidated income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.00 513.80 Td (statement in subsequent periods) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.75 513.80 Td (1,506) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.75 513.80 Td (\(8,016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.00 513.80 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.75 513.80 Td (\(3,823) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 513.80 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 513.80 Td (15,706) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.00 498.80 Td (T) Tj ET Q q 0 0 0 rg BT 60.18 498.80 Td (otal other) Tj ET Q q 0 0 0 rg BT 97.25 498.80 Td ( compr) Tj ET Q q 0 0 0 rg BT 124.33 498.80 Td (ehensive income/\(loss\), net of tax) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.50 498.81 Td (20) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.75 498.80 Td (1,506) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.75 498.80 Td (\(8,016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.00 498.80 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.75 498.80 Td (\(3,823) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 498.80 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 498.80 Td (15,706) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.00 483.80 Td (T) Tj ET Q q 0 0 0 rg BT 60.18 483.80 Td (otal compr) Tj ET Q q 0 0 0 rg BT 101.75 483.80 Td (ehensive income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.75 483.80 Td (289,343) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 421.75 483.80 Td (132,526) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.75 483.80 Td (592,688) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 483.80 Td (416,231) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 55.00 468.80 Td (T) Tj ET Q q 0 0 0 rg BT 60.18 468.80 Td (otal compr) Tj ET Q q 0 0 0 rg BT 101.75 468.80 Td (ehensive income attributable to:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.00 453.80 Td (Owners of the par) Tj ET Q q 0 0 0 rg BT 126.08 453.80 Td (ent) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 369.75 453.80 Td (288,566) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.75 453.80 Td (132,198) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.75 453.80 Td (591,1) Tj ET Q q 0 0 0 rg BT 494.00 453.80 Td (12) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.75 453.80 Td (415,795) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.00 438.80 Td (Non-contr) Tj ET Q q 0 0 0 rg BT 97.66 438.80 Td (olling inter) Tj ET Q q 0 0 0 rg BT 137.58 438.80 Td (ests) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 385.50 438.80 Td (777) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 438.80 Td (328) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 482.75 438.80 Td (1,576) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.50 438.80 Td (436) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.00 74.85 Td (The accompanying notes are an integral part of the Interim Condensed Consolidated Financial Statements.) Tj ET Q endstream endobj 73 0 obj <> endobj 74 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 297.65 41.20 Td (F-3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 272.85 731.25 Td (FERRARI N.V) Tj ET Q q 0 0 0 rg BT 336.56 731.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 147.20 719.25 Td (INTERIM CONSOLIDA) Tj ET Q q 0 0 0 rg BT 254.53 719.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 289.08 719.25 Td (A) Tj ET Q q 0 0 0 rg BT 295.56 719.25 Td (TEMENT) Tj ET Q q 0 0 0 rg BT 338.72 719.25 Td ( OF) Tj ET Q q 0 0 0 rg BT 354.73 719.25 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 413.35 719.25 Td ( POSITION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.55 707.25 Td (at September) Tj ET Q q 0 0 0 rg BT 259.30 707.25 Td (30, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.80 707.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.92 707.25 Td (at December) Tj ET Q q 0 0 0 rg BT 371.88 707.25 Td (31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.38 707.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.15 695.25 Td (\(Unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 634.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 634.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 634.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 634.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 634.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 634.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 606.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 606.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 606.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 606.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 606.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 606.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 578.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 578.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 578.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 578.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 578.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 578.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 550.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 550.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 550.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 550.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 550.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 550.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 522.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 522.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 522.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 522.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 522.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 522.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 494.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 494.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 494.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 494.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 494.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 494.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 466.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 466.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 466.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 466.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 466.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 466.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 438.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 438.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 438.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 438.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 438.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 438.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 410.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 410.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 410.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 410.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 410.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 410.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 382.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 382.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 382.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 382.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 382.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 382.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 354.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 354.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 354.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 354.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 354.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 354.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 326.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 326.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 326.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 326.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 326.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 326.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 298.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 298.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 298.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 298.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 298.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 298.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 270.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 270.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 270.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 270.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 270.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 270.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 242.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 242.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 242.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 242.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 242.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 242.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 214.35 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 214.35 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 214.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 214.35 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 214.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 214.35 80.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 647.35 m 389.5 647.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 647.35 m 473.5 647.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 647.35 m 557.5 647.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 647.35 m 473.5 647.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 647.35 m 557.5 647.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 550.35 m 473.5 550.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 536.35 m 473.5 536.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 550.35 m 557.5 550.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 536.35 m 557.5 536.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 438.35 m 473.5 438.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 424.35 m 473.5 424.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 438.35 m 557.5 438.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 424.35 m 557.5 424.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 424.35 m 473.5 424.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 411.35 m 473.5 411.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 409.35 m 473.5 409.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 424.35 m 557.5 424.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 411.35 m 557.5 411.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 409.35 m 557.5 409.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 354.35 m 473.5 354.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 340.35 m 473.5 340.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 354.35 m 557.5 354.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 340.35 m 557.5 340.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 214.35000000000002 m 473.5 214.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 201.35000000000002 m 473.5 201.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 199.35000000000002 m 473.5 199.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 214.35000000000002 m 557.5 214.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 201.35000000000002 m 557.5 201.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 199.35000000000002 m 557.5 199.35000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.00 651.80 Td (Note) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.70 660.80 Td (At September) Tj ET Q q 0 0 0 rg BT 454.85 660.80 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 651.80 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.95 660.80 Td (At December) Tj ET Q q 0 0 0 rg BT 537.51 660.80 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.00 651.80 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 454.85 638.60 Td (\( thousand\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 624.80 Td (Assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 610.81 Td (Goodwill) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 610.81 Td (785,182) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 610.81 Td (785,182) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 596.81 Td (Intangible assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 596.81 Td (14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 596.81 Td (567,938) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 596.81 Td (440,456) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 582.81 Td (Property) Tj ET Q q 0 0 0 rg BT 86.70 582.81 Td (, plant and equipment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 582.81 Td (15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 582.81 Td (776,784) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 582.81 Td (710,260) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 568.81 Td (Investments and other financial assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 568.81 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 568.81 Td (32,451) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 568.81 Td (30,038) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 554.81 Td (Deferred tax assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 554.81 Td (59,520) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 554.81 Td (94,091) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 540.80 Td (T) Tj ET Q q 0 0 0 rg BT 61.59 540.80 Td (otal non-curr) Tj ET Q q 0 0 0 rg BT 112.34 540.80 Td (ent assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.00 540.80 Td (2,221,875) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.00 540.80 Td (2,060,027) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 526.81 Td (Inventories) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 526.81 Td (17) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 526.81 Td (384,438) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 526.81 Td (393,765) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 512.81 Td (T) Tj ET Q q 0 0 0 rg BT 61.34 512.81 Td (rade receivables) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 512.81 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 512.81 Td (207,225) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 512.81 Td (239,410) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 498.81 Td (Receivables from financing activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 498.81 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 498.81 Td (829,937) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 498.81 Td (732,947) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 484.81 Td (Current tax receivables) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 484.81 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 484.81 Td (130,864) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 484.81 Td (6,125) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 470.81 Td (Other current assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 470.81 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 470.81 Td (73,920) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 470.81 Td (45,441) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 456.81 Td (Current financial assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 456.81 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 456.81 Td (13,137) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 456.81 Td (15,683) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 442.81 Td (Cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 442.81 Td (753,362) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 442.81 Td (647,706) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 428.80 Td (T) Tj ET Q q 0 0 0 rg BT 61.59 428.80 Td (otal curr) Tj ET Q q 0 0 0 rg BT 94.83 428.80 Td (ent assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.00 428.80 Td (2,392,883) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.00 428.80 Td (2,081,077) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 414.80 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 414.80 Td (otal assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.00 414.80 Td (4,614,758) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.00 414.80 Td (4,141,104) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 386.80 Td (Equity and liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 372.81 Td (Equity attributable to owners of the parent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.00 372.81 Td (1,226,048) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 372.81 Td (778,678) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 358.81 Td (Non-controlling interests) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.75 358.81 Td (4,794) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 358.81 Td (5,258) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 344.80 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 344.80 Td (otal equity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.50 344.81 Td (20) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.00 344.80 Td (1,230,842) Tj ET 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0 rg BT 515.25 599.01 Td (196,900) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 586.01 Td (Provision accruals) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.25 586.01 Td (6,662) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 519.75 586.01 Td (21,901) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 573.01 Td (Result from investments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.25 573.01 Td (\(1,950) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 573.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 521.25 573.01 Td (\(1,809) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 573.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 560.01 Td (Net finance costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.75 560.01 Td (15,075) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 519.75 560.01 Td (24,910) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 547.01 Td (Other non-cash expenses, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.75 547.01 Td (28,261) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 519.75 547.01 Td (34,469) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 534.01 Td (Net gains on disposal of property) Tj ET Q q 0 0 0 rg BT 186.64 534.01 Td (, plant and equipment and intangible assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 465.00 534.01 Td (\(138) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 534.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 521.25 534.01 Td (\(2,379) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 534.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 521.01 Td (Change in inventories) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.25 521.01 Td (5,200) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 516.75 521.01 Td (\(54,917) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 521.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 508.01 Td (Change in trade receivables) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.75 508.01 Td (32,670) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 508.01 Td (\(417) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 508.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 495.01 Td (Change in trade payables) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 495.01 Td (\(62,769) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 495.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 516.75 495.01 Td (\(40,895) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 495.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 482.01 Td (Change in receivables from financing activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 482.01 Td (\(71,748) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 482.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 516.75 482.01 Td (\(47,1) Tj ET Q q 0 0 0 rg BT 535.50 482.01 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 482.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 469.01 Td (Change in other operating assets and liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 469.01 Td (\(59,161) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 469.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 516.75 469.01 Td (\(40,364) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 469.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 456.01 Td (Finance income received) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.25 456.01 Td (1,725) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.25 456.01 Td (3,652) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 443.01 Td (Finance costs paid) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 443.01 Td (\(1) Tj ET Q q 0 0 0 rg BT 461.25 443.01 Td (1,916) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 443.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 516.75 443.01 Td (\(31,937) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 443.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 430.01 Td (Income tax paid) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 430.01 Td (\(89,109) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 430.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.25 430.01 Td (\(1) Tj ET Q q 0 0 0 rg BT 519.75 430.01 Td (10,548) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 430.01 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 61.50 417.15 Td (T) Tj ET Q q 0 0 0 rg BT 67.09 417.15 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.25 417.15 Td (619,174) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 417.15 Td (507,735) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 61.50 404.15 Td (Cash flows used in investing activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 391.01 Td (Investments in property) Tj ET Q q 0 0 0 rg BT 152.69 391.01 Td (, plant and equipment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.25 391.01 Td (\(180,196) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 391.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.25 391.01 Td (\(122,040) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 391.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 378.01 Td (Investments in intangible assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.25 378.01 Td (\(223,280) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 378.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.25 378.01 Td (\(127,850) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 378.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 365.01 Td (Proceeds from the sale of property) Tj ET Q q 0 0 0 rg BT 191.12 365.01 Td (, plant and equipment and intangible assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 468.00 365.01 Td (654) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.25 365.01 Td (2,425) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 352.01 Td (Proceeds from exercising the Delta ) Tj ET Q q 0 0 0 rg BT 196.04 352.01 Td (T) Tj ET Q q 0 0 0 rg BT 200.91 352.01 Td (opco option) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 472.50 352.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.25 352.01 Td (8,307) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 61.50 339.15 Td (T) Tj ET Q q 0 0 0 rg BT 67.09 339.15 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.25 339.15 Td (\(402,822) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.50 339.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.25 339.15 Td (\(239,158) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 339.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 61.50 326.15 Td (Cash flows used in financing activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 312.21 Td (Proceeds from securitizations net of repayments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.75 312.21 Td (69,321) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.25 312.21 Td (126,066) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 299.01 Td (Net change in bank borrowings) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.25 299.01 Td (\(2,009) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 299.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.25 299.01 Td (6,617) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 286.01 Td (Repayment of ) Tj ET Q q 0 0 0 rg BT 120.32 286.01 Td (T) Tj ET Q q 0 0 0 rg BT 125.19 286.01 Td (erm Loan) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 472.50 286.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 516.75 286.01 Td (\(99,670) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 286.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 273.01 Td (Net change in other debt) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 273.01 Td (\(12,171) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 273.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 516.75 273.01 Td (\(10,873) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 273.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 260.01 Td (Dividends paid to owners of the parent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.25 260.01 Td (\(133,095) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 260.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.50 260.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 247.01 Td (Dividends paid to non-controlling interest) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.25 247.01 Td (\(2,040) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 247.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 521.25 247.01 Td (\(1,218) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 247.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 234.01 Td (Cash distribution of reserves) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 472.50 234.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.25 234.01 Td (\(1) Tj ET Q q 0 0 0 rg BT 519.75 234.01 Td (19,985) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 234.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 221.01 Td (Share buyback) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 221.01 Td (\(30,131) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 221.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.50 221.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 61.50 208.15 Td (T) Tj ET Q q 0 0 0 rg BT 67.09 208.15 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.25 208.15 Td (\(1) Tj ET Q q 0 0 0 rg BT 456.75 208.15 Td (10,125) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.50 208.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 516.75 208.15 Td (\(99,063) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 208.15 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 195.01 Td (T) Tj ET Q q 0 0 0 rg BT 72.68 195.01 Td (ranslation exchange dif) Tj ET Q q 0 0 0 rg BT 156.48 195.01 Td (ferences) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 465.00 195.01 Td (\(571) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.50 195.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 521.25 195.01 Td (\(8,424) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.50 195.01 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 61.50 182.15 Td (T) Tj ET Q q 0 0 0 rg BT 67.09 182.15 Td (otal change in cash and cash equivalents) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.25 182.15 Td (105,656) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 182.15 Td (161,090) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 61.50 169.15 Td (Cash and cash equivalents at end of the period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.25 169.15 Td (753,362) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 169.15 Td (618,874) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.00 62.05 Td (The accompanying notes are an integral part of the Interim Condensed Consolidated Financial Statements.) Tj ET Q endstream endobj 77 0 obj <> endobj 78 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 297.65 30.20 Td (F-5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.85 742.25 Td (FERRARI N.V) Tj ET Q q 0 0 0 rg BT 334.56 742.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 143.75 730.25 Td (INTERIM CONSOLIDA) Tj ET Q q 0 0 0 rg BT 251.08 730.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 285.63 730.25 Td (A) Tj ET Q q 0 0 0 rg BT 292.11 730.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 357.03 730.25 Td ( CHANGES IN EQUITY) Tj ET Q q 0 0 0 rg BT 464.17 730.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 184.70 718.25 Td (for) Tj ET Q q 0 0 0 rg BT 197.29 718.25 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 344.61 718.25 Td ( 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.61 718.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.11 718.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.11 718.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.24 718.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.15 706.25 Td (\(Unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 613.35 106.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 155.50 613.35 44.00 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1 rg /GS0 gs 347.50 552.35 63.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 552.35 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 552.35 47.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 552.35 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 552.35 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 552.35 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 552.35 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 517.35 106.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 155.50 517.35 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 517.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.50 517.35 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 517.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 517.35 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 517.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 517.35 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 517.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 517.35 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 517.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 517.35 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 517.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 517.35 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 517.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 517.35 44.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 625.35 m 199.5 625.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 625.35 m 247.5 625.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 625.35 m 295.5 625.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 625.35 m 343.5 625.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 625.35 m 410.5 625.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 625.35 m 461.5 625.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 625.35 m 509.5 625.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 625.35 m 557.5 625.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 517.35 m 199.5 517.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 505.35 m 199.5 505.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 503.35 m 199.5 503.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 517.35 m 247.5 517.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 505.35 m 247.5 505.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 503.35 m 247.5 503.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 517.35 m 295.5 517.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 505.35 m 295.5 505.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 503.35 m 295.5 503.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 517.35 m 343.5 517.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 505.35 m 343.5 505.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 503.35 m 343.5 503.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 517.35 m 410.5 517.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 505.35 m 410.5 505.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 503.35 m 410.5 503.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 517.35 m 461.5 517.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 505.35 m 461.5 505.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 503.35 m 461.5 503.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 517.35 m 509.5 517.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 505.35 m 509.5 505.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 503.35 m 509.5 503.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 517.35 m 557.5 517.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 505.35 m 557.5 505.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 503.35 m 557.5 503.35 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 167.05 649.03 Td (Shar) Tj ET Q q 0 0 0 rg BT 183.43 649.03 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 165.40 641.03 Td (capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 209.65 657.03 Td (Retained ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 210.30 649.03 Td (earnings ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 208.50 641.03 Td (and other) Tj ET Q q 0 0 0 rg BT 241.47 641.03 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 211.05 633.03 Td (r) Tj ET Q q 0 0 0 rg BT 214.46 633.03 Td (eserves) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.95 653.03 Td (Cash flow) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.00 645.03 Td (hedge) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.60 637.03 Td (r) Tj ET Q q 0 0 0 rg BT 264.08 637.03 Td (eserve) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.60 653.03 Td (Curr) Tj ET Q q 0 0 0 rg BT 321.86 653.03 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.30 645.03 Td (translation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.40 637.03 Td (differ) Tj ET Q q 0 0 0 rg BT 321.43 637.03 Td (ences) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.80 653.03 Td (Remeasur) Tj ET Q q 0 0 0 rg BT 385.38 653.03 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.50 645.03 Td (of defined) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.60 637.03 Td (benefit plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.90 660.43 Td (Equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.05 652.43 Td (attributable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.90 644.43 Td (to owners) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.80 636.43 Td (of the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.20 628.43 Td (par) Tj ET Q q 0 0 0 rg BT 438.13 628.43 Td (ent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.55 653.03 Td (Non-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.40 645.03 Td (contr) Tj ET Q q 0 0 0 rg BT 486.54 645.03 Td (olling) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.60 637.03 Td (inter) Tj ET Q q 0 0 0 rg BT 488.97 637.03 Td (ests) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.25 645.03 Td (T) Tj ET Q q 0 0 0 rg BT 530.85 645.03 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 335.85 617.30 Td (\( thousand\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 604.58 Td (At December) Tj ET Q q 0 0 0 rg BT 97.01 604.58 Td ( 31, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 178.25 604.58 Td (2,504) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.25 604.58 Td (302,336) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 267.60 604.58 Td (\(18,780) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 292.30 604.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.25 604.58 Td (46,823) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.60 604.58 Td (\(7,888) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.30 604.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.25 604.58 Td (324,995) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.25 604.58 Td (4,810) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.25 604.58 Td (329,805) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 591.60 Td (Net profit) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 591.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 218.25 591.60 Td (399,750) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.30 591.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.30 591.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 591.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 432.25 591.60 Td (399,750) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 494.25 591.60 Td (775) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 528.25 591.60 Td (400,525) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 577.60 Td (Other comprehensive income/) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 569.60 Td (\(loss\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 569.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 236.30 569.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 270.25 569.60 Td (31,278) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 315.60 569.60 Td (\(15,233) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 340.30 569.60 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 569.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 436.25 569.60 Td (16,045) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.60 569.60 Td (\(339) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.30 569.60 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 532.25 569.60 Td (15,706) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 556.60 Td (Cash distribution of reserves) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 556.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 215.60 556.60 Td (\(1) Tj ET Q q 0 0 0 rg BT 222.26 556.60 Td (19,985) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 244.30 556.60 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.30 556.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.30 556.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 556.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 429.60 556.60 Td (\(1) Tj ET Q q 0 0 0 rg BT 436.26 556.60 Td (19,985) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.30 556.60 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 498.30 556.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 525.60 556.60 Td (\(1) Tj ET Q q 0 0 0 rg BT 532.26 556.60 Td (19,985) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.30 556.60 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 542.60 Td (Dividends to non-controlling ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 534.60 Td (interests) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 534.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 236.30 534.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.30 534.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.30 534.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 534.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.30 534.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.60 534.60 Td (\(1,218) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.30 534.60 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.60 534.60 Td (\(1,218) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.30 534.60 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 521.60 Td (Share-based compensation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 521.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 222.25 521.60 Td (25,056) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.30 521.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.30 521.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 521.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 436.25 521.60 Td (25,056) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 498.30 521.60 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 532.25 521.60 Td (25,056) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 508.58 Td (At September) Tj ET Q q 0 0 0 rg BT 99.18 508.58 Td ( 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 178.25 508.58 Td (2,504) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.25 508.58 Td (607,157) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.25 508.58 Td (12,498) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.25 508.58 Td (31,590) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.60 508.58 Td (\(7,888) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.30 508.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.25 508.58 Td (645,861) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.25 508.58 Td (4,028) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.25 508.58 Td (649,889) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 404.15 106.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 155.50 404.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 404.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.50 404.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 404.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 404.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 404.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 404.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 404.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 404.15 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 404.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 404.15 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 404.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 404.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 404.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 404.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 378.15 106.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 155.50 378.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 378.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.50 378.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 378.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 378.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 378.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 378.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 378.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 378.15 63.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 378.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 378.15 47.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 378.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 378.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 378.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 378.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 337.15 106.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 155.50 337.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 337.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.50 337.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 337.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 337.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 337.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 337.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 337.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 337.15 63.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 337.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 337.15 47.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 337.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 337.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 337.15 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 337.15 44.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 302.15 106.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 155.50 302.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 302.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.50 302.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 302.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 302.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 302.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 302.15 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 302.15 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 302.15 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 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0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 277.15 m 410.5 277.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 275.15 m 410.5 275.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 289.15 m 461.5 289.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 277.15 m 461.5 277.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 275.15 m 461.5 275.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 289.15 m 509.5 289.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 277.15 m 509.5 277.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 275.15 m 509.5 275.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 289.15 m 557.5 289.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 277.15 m 557.5 277.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 275.15 m 557.5 275.15 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 167.05 441.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 183.43 441.83 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 165.40 433.83 Td (capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 209.65 449.83 Td (Retained ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 210.30 441.83 Td (earnings ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 208.50 433.83 Td (and other) Tj ET Q q 0 0 0 rg BT 241.47 433.83 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 211.05 425.83 Td (r) Tj ET Q q 0 0 0 rg BT 214.46 425.83 Td (eserves) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.95 445.83 Td (Cash flow) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.00 437.83 Td (hedge) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.60 429.83 Td (r) Tj ET Q q 0 0 0 rg BT 264.08 429.83 Td (eserve) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.60 445.83 Td (Curr) Tj ET Q q 0 0 0 rg BT 321.86 445.83 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.30 437.83 Td (translation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.40 429.83 Td (differ) Tj ET Q q 0 0 0 rg BT 321.43 429.83 Td (ences) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.80 445.83 Td (Remeasur) Tj ET Q q 0 0 0 rg BT 385.38 445.83 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.50 437.83 Td (of defined) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.60 429.83 Td (benefit plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.90 453.83 Td (Equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.05 445.83 Td (attributable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.90 437.83 Td (to owners) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.80 429.83 Td (of the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.20 421.83 Td (par) Tj ET Q q 0 0 0 rg BT 438.13 421.83 Td (ent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.55 445.83 Td (Non-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.40 437.83 Td (contr) Tj ET Q q 0 0 0 rg BT 486.54 437.83 Td (olling) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.60 429.83 Td (inter) Tj ET Q q 0 0 0 rg BT 488.97 429.83 Td (ests) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.25 437.83 Td (T) Tj ET Q q 0 0 0 rg BT 530.85 437.83 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.35 408.40 Td (\( thousand\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 395.38 Td (At December) Tj ET Q q 0 0 0 rg BT 97.01 395.38 Td ( 31, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 178.25 395.38 Td (2,504) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.25 395.38 Td (746,341) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.25 395.38 Td (6,434) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.25 395.38 Td (31,814) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.60 395.38 Td (\(8,415) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.30 395.38 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.25 395.38 Td (778,678) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.25 395.38 Td (5,258) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.25 395.38 Td (783,936) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 382.40 Td (Net profit) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 382.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 218.25 382.40 Td (594,827) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.30 382.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.30 382.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 382.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 432.25 382.40 Td (594,827) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.25 382.40 Td (1,684) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 528.25 382.40 Td (596,51) Tj ET Q q 0 0 0 rg BT 550.25 382.40 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 368.40 Td (Other comprehensive \(loss\)/) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 360.40 Td (income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 360.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 236.30 360.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 271.60 360.40 Td (\(8,036) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 292.30 360.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 322.25 360.40 Td (4,321) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 360.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 437.60 360.40 Td (\(3,715) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.30 360.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.60 360.40 Td (\(108) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.30 360.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.60 360.40 Td (\(3,823) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.30 360.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 348.10 Td (Dividends to owners of the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 340.10 Td (parent) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 341.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 215.60 341.40 Td (\(133,939) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 244.30 341.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.30 341.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.30 341.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 341.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 429.60 341.40 Td (\(133,939) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.30 341.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 498.30 341.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 525.60 341.40 Td (\(133,939) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.30 341.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 327.40 Td (Dividends to non-controlling ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 319.40 Td (interests) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 319.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 236.30 319.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.30 319.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.30 319.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 319.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.30 319.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.60 319.40 Td (\(2,040) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.30 319.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.60 319.40 Td (\(2,040) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.30 319.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 306.40 Td (Share buyback) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 306.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 219.60 306.40 Td (\(30,131) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 244.30 306.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.30 306.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.30 306.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 306.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 433.60 306.40 Td (\(30,131) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.30 306.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 498.30 306.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 529.60 306.40 Td (\(30,131) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.30 306.40 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 293.40 Td (Share-based compensation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.30 293.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 222.25 293.40 Td (20,328) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.30 293.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.30 293.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 293.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 436.25 293.40 Td (20,328) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 498.30 293.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 532.25 293.40 Td (20,328) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 280.38 Td (At September) Tj ET Q q 0 0 0 rg BT 99.18 280.38 Td ( 30, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 178.25 280.38 Td (2,504) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 212.25 280.38 Td (1,197,426) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.60 280.38 Td (\(1,602) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 292.30 280.38 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.25 280.38 Td (36,135) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.60 280.38 Td (\(8,415) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.30 280.38 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.25 280.38 Td (1,226,048) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.25 280.38 Td (4,794) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.25 280.38 Td (1,230,842) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.00 63.05 Td (The accompanying notes are an integral part of the Interim Condensed Consolidated Financial Statements. ) Tj ET Q endstream endobj 79 0 obj <> endobj 80 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 297.65 32.20 Td (F-6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 701.25 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 90.22 701.25 Td (T) Tj ET Q q 0 0 0 rg BT 96.71 701.25 Td (O ) Tj ET Q q 0 0 0 rg BT 106.81 701.25 Td (THE INTERIM CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 303.04 701.25 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 382.22 701.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 396.21 701.25 Td (A) Tj ET Q q 0 0 0 rg BT 402.69 701.25 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 677.25 Td (1. BACKGROUND ) Tj ET Q q 0 0 0 rg BT 144.28 677.25 Td (AND BASIS OF) Tj ET Q q 0 0 0 rg BT 213.37 677.25 Td ( PRESENT) Tj ET Q q 0 0 0 rg BT 261.25 677.25 Td (A) Tj ET Q q 0 0 0 rg BT 267.73 677.25 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 653.25 Td (Background) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 629.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 629.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 119.42 629.25 Td (is ) Tj ET Q q 0 0 0 rg BT 128.31 629.25 Td (among ) Tj ET Q q 0 0 0 rg BT 157.74 629.25 Td (the ) Tj ET Q q 0 0 0 rg BT 172.18 629.25 Td (world) Tj ET Q q 0 0 0 rg BT 198.29 629.25 Td (s ) Tj ET Q q 0 0 0 rg BT 204.39 629.25 Td (leading ) Tj ET Q q 0 0 0 rg BT 236.04 629.25 Td (luxury ) Tj ET Q q 0 0 0 rg BT 264.37 629.25 Td (brands. ) Tj ET Q q 0 0 0 rg BT 295.59 629.25 Td (The ) Tj ET Q q 0 0 0 rg BT 313.35 629.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 351.67 629.25 Td (of ) Tj ET Q q 0 0 0 rg BT 362.21 629.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 391.64 629.25 Td (N.V) Tj ET Q q 0 0 0 rg BT 407.29 629.25 Td (. ) Tj ET Q q 0 0 0 rg BT 412.01 629.25 Td (\(herein ) Tj ET Q q 0 0 0 rg BT 442.54 629.25 Td (referred ) Tj ET Q q 0 0 0 rg BT 476.39 629.25 Td (to ) Tj ET Q q 0 0 0 rg BT 486.39 629.25 Td (as ) Tj ET Q q 0 0 0 rg BT 496.93 629.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 535.24 629.25 Td (or ) Tj ET Q q 0 0 0 rg BT 545.78 629.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 617.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 103.31 617.25 Td (and ) Tj ET Q q 0 0 0 rg BT 119.30 617.25 Td (together ) Tj ET Q q 0 0 0 rg BT 153.62 617.25 Td (with ) Tj ET Q q 0 0 0 rg BT 172.95 617.25 Td (its ) Tj ET Q q 0 0 0 rg BT 183.94 617.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 232.71 617.25 Td (the ) Tj ET Q q 0 0 0 rg BT 246.48 617.25 Td (Group\) ) Tj ET Q q 0 0 0 rg BT 285.79 617.25 Td (and ) Tj ET Q q 0 0 0 rg BT 301.78 617.25 Td (its ) Tj ET Q q 0 0 0 rg BT 312.77 617.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 361.54 617.25 Td (are ) Tj ET Q q 0 0 0 rg BT 375.30 617.25 Td (focused ) Tj ET Q q 0 0 0 rg BT 407.95 617.25 Td (on ) Tj ET Q q 0 0 0 rg BT 419.50 617.25 Td (the ) Tj ET Q q 0 0 0 rg BT 433.27 617.25 Td (design, ) Tj ET Q q 0 0 0 rg BT 463.42 617.25 Td (engineering, ) Tj ET Q q 0 0 0 rg BT 514.68 617.25 Td (production ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.25 Td (and ) Tj ET Q q 0 0 0 rg BT 71.35 605.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 89.82 605.25 Td (of ) Tj ET Q q 0 0 0 rg BT 101.06 605.25 Td (luxury ) Tj ET Q q 0 0 0 rg BT 130.08 605.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 183.52 605.25 Td (sports ) Tj ET Q q 0 0 0 rg BT 210.33 605.25 Td (cars. ) Tj ET Q q 0 0 0 rg BT 231.63 605.25 Td (The ) Tj ET Q q 0 0 0 rg BT 250.09 605.25 Td (cars ) Tj ET Q q 0 0 0 rg BT 269.11 605.25 Td (are ) Tj ET Q q 0 0 0 rg BT 284.23 605.25 Td (designed, ) Tj ET Q q 0 0 0 rg BT 325.19 605.25 Td (engineered ) Tj ET Q q 0 0 0 rg BT 371.97 605.25 Td (and ) Tj ET Q q 0 0 0 rg BT 389.32 605.25 Td (produced ) Tj ET Q q 0 0 0 rg BT 429.44 605.25 Td (in ) Tj ET Q q 0 0 0 rg BT 440.14 605.25 Td (Maranello ) Tj ET Q q 0 0 0 rg BT 484.15 605.25 Td (and ) Tj ET Q q 0 0 0 rg BT 501.50 605.25 Td (Modena, ) Tj ET Q q 0 0 0 rg BT 539.68 605.25 Td (Italy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 592.05 Td (and ) Tj ET Q q 0 0 0 rg BT 71.49 592.05 Td (sold ) Tj ET Q q 0 0 0 rg BT 91.20 592.05 Td (in ) Tj ET Q q 0 0 0 rg BT 102.03 592.05 Td (more ) Tj ET Q q 0 0 0 rg BT 125.62 592.05 Td (than ) Tj ET Q q 0 0 0 rg BT 145.88 592.05 Td (60) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 155.88 592.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.24 592.05 Td (markets ) Tj ET Q q 0 0 0 rg BT 193.94 592.05 Td (worldwide ) Tj ET Q q 0 0 0 rg BT 239.75 592.05 Td (through ) Tj ET Q q 0 0 0 rg BT 273.91 592.05 Td (a ) Tj ET Q q 0 0 0 rg BT 281.39 592.05 Td (network ) Tj ET Q q 0 0 0 rg BT 317.21 592.05 Td (of ) Tj ET Q q 0 0 0 rg BT 328.59 592.05 Td (166) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 343.59 592.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.94 592.05 Td (authorized ) Tj ET Q q 0 0 0 rg BT 392.19 592.05 Td (dealers ) Tj ET Q q 0 0 0 rg BT 423.55 592.05 Td (operating ) Tj ET Q q 0 0 0 rg BT 464.36 592.05 Td (190) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.36 592.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.71 592.05 Td (points ) Tj ET Q q 0 0 0 rg BT 510.21 592.05 Td (of ) Tj ET Q q 0 0 0 rg BT 521.58 592.05 Td (sale. ) Tj ET Q q 0 0 0 rg BT 542.46 592.05 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 580.05 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 84.39 580.05 Td (brand ) Tj ET Q q 0 0 0 rg BT 110.35 580.05 Td (is ) Tj ET Q q 0 0 0 rg BT 120.21 580.05 Td (licensed ) Tj ET Q q 0 0 0 rg BT 156.16 580.05 Td (to ) Tj ET Q q 0 0 0 rg BT 167.13 580.05 Td (a ) Tj ET Q q 0 0 0 rg BT 174.75 580.05 Td (selected ) Tj ET Q q 0 0 0 rg BT 210.14 580.05 Td (number ) Tj ET Q q 0 0 0 rg BT 243.88 580.05 Td (of ) Tj ET Q q 0 0 0 rg BT 255.39 580.05 Td (producers ) Tj ET Q q 0 0 0 rg BT 298.01 580.05 Td (and ) Tj ET Q q 0 0 0 rg BT 315.63 580.05 Td (retailers ) Tj ET Q q 0 0 0 rg BT 351.02 580.05 Td (of ) Tj ET Q q 0 0 0 rg BT 362.54 580.05 Td (luxury ) Tj ET Q q 0 0 0 rg BT 391.84 580.05 Td (and ) Tj ET Q q 0 0 0 rg BT 409.46 580.05 Td (lifestyle ) Tj ET Q q 0 0 0 rg BT 444.86 580.05 Td (goods, ) Tj ET Q q 0 0 0 rg BT 474.44 580.05 Td (with ) Tj ET Q q 0 0 0 rg BT 495.41 580.05 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 525.80 580.05 Td (branded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 566.85 Td (merchandise ) Tj ET Q q 0 0 0 rg BT 106.66 566.85 Td (also ) Tj ET Q q 0 0 0 rg BT 124.89 566.85 Td (sold ) Tj ET Q q 0 0 0 rg BT 143.68 566.85 Td (through ) Tj ET Q q 0 0 0 rg BT 176.92 566.85 Td (a ) Tj ET Q q 0 0 0 rg BT 183.48 566.85 Td (network ) Tj ET Q q 0 0 0 rg BT 218.37 566.85 Td (of ) Tj ET Q q 0 0 0 rg BT 228.82 566.85 Td (18) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 238.82 566.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.16 566.85 Td (Ferrari-owned ) Tj ET Q q 0 0 0 rg BT 300.48 566.85 Td (stores ) Tj ET Q q 0 0 0 rg BT 325.94 566.85 Td (and ) Tj ET Q q 0 0 0 rg BT 342.50 566.85 Td (21) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 352.50 566.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.83 566.85 Td (franchised ) Tj ET Q q 0 0 0 rg BT 398.60 566.85 Td (stores ) Tj ET Q q 0 0 0 rg BT 424.06 566.85 Td (\(including ) Tj ET Q q 0 0 0 rg BT 467.29 566.85 Td (6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.29 566.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.62 566.85 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 503.95 566.85 Td (Store ) Tj ET Q q 0 0 0 rg BT 527.19 566.85 Td (Junior\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 554.85 Td (as ) Tj ET Q q 0 0 0 rg BT 65.05 554.85 Td (well ) Tj ET Q q 0 0 0 rg BT 84.98 554.85 Td (as ) Tj ET Q q 0 0 0 rg BT 96.03 554.85 Td (on ) Tj ET Q q 0 0 0 rg BT 108.74 554.85 Td (the ) Tj ET Q q 0 0 0 rg BT 123.68 554.85 Td (Group) Tj ET Q q 0 0 0 rg BT 152.01 554.85 Td (s ) Tj ET Q q 0 0 0 rg BT 158.61 554.85 Td (website. ) Tj ET Q q 0 0 0 rg BT 194.18 554.85 Td (T) Tj ET Q q 0 0 0 rg BT 199.59 554.85 Td (o ) Tj ET Q q 0 0 0 rg BT 207.31 554.85 Td (facilitate ) Tj ET Q q 0 0 0 rg BT 245.00 554.85 Td (the ) Tj ET Q q 0 0 0 rg BT 259.93 554.85 Td (sale ) Tj ET Q q 0 0 0 rg BT 278.19 554.85 Td (of ) Tj ET Q q 0 0 0 rg BT 289.24 554.85 Td (new ) Tj ET Q q 0 0 0 rg BT 308.62 554.85 Td (and ) Tj ET Q q 0 0 0 rg BT 325.77 554.85 Td (used ) Tj ET Q q 0 0 0 rg BT 346.82 554.85 Td (cars, ) Tj ET Q q 0 0 0 rg BT 368.13 554.85 Td (the ) Tj ET Q q 0 0 0 rg BT 383.07 554.85 Td (Group ) Tj ET Q q 0 0 0 rg BT 411.33 554.85 Td (provides ) Tj ET Q q 0 0 0 rg BT 448.49 554.85 Td (various ) Tj ET Q q 0 0 0 rg BT 480.64 554.85 Td (forms ) Tj ET Q q 0 0 0 rg BT 506.69 554.85 Td (of ) Tj ET Q q 0 0 0 rg BT 517.74 554.85 Td (financing, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 542.85 Td (through ) Tj ET Q q 0 0 0 rg BT 89.40 542.85 Td (cooperation ) Tj ET Q q 0 0 0 rg BT 140.90 542.85 Td (and ) Tj ET Q q 0 0 0 rg BT 159.64 542.85 Td (other ) Tj ET Q q 0 0 0 rg BT 184.48 542.85 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 236.81 542.85 Td (to ) Tj ET Q q 0 0 0 rg BT 248.88 542.85 Td (both ) Tj ET Q q 0 0 0 rg BT 270.96 542.85 Td (clients ) Tj ET Q q 0 0 0 rg BT 301.36 542.85 Td (and ) Tj ET Q q 0 0 0 rg BT 320.09 542.85 Td (dealers. ) Tj ET Q q 0 0 0 rg BT 355.21 542.85 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 386.71 542.85 Td (also ) Tj ET Q q 0 0 0 rg BT 407.11 542.85 Td (participates ) Tj ET Q q 0 0 0 rg BT 457.50 542.85 Td (in ) Tj ET Q q 0 0 0 rg BT 469.57 542.85 Td (the ) Tj ET Q q 0 0 0 rg BT 486.09 542.85 Td (Formula ) Tj ET Q q 0 0 0 rg BT 524.27 542.85 Td (1 ) Tj ET Q q 0 0 0 rg BT 533.26 542.85 Td (W) Tj ET Q q 0 0 0 rg BT 541.89 542.85 Td (orld ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 530.85 Td (Championship ) Tj ET Q q 0 0 0 rg BT 116.35 530.85 Td (through ) Tj ET Q q 0 0 0 rg BT 151.47 530.85 Td (Scuderia ) Tj ET Q q 0 0 0 rg BT 190.46 530.85 Td (Ferrari. ) Tj ET Q q 0 0 0 rg BT 223.89 530.85 Td (The ) Tj ET Q q 0 0 0 rg BT 243.45 530.85 Td (activities ) Tj ET Q q 0 0 0 rg BT 283.56 530.85 Td (of ) Tj ET Q q 0 0 0 rg BT 295.90 530.85 Td (Scuderia ) Tj ET Q q 0 0 0 rg BT 334.90 530.85 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 366.12 530.85 Td (are ) Tj ET Q q 0 0 0 rg BT 382.34 530.85 Td (the ) Tj ET Q q 0 0 0 rg BT 398.57 530.85 Td (core ) Tj ET Q q 0 0 0 rg BT 419.79 530.85 Td (element ) Tj ET Q q 0 0 0 rg BT 455.45 530.85 Td (of ) Tj ET Q q 0 0 0 rg BT 467.79 530.85 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 499.01 530.85 Td (marketing ) Tj ET Q q 0 0 0 rg BT 543.56 530.85 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 518.85 Td (promotional ) Tj ET Q q 0 0 0 rg BT 106.05 518.85 Td (activities ) Tj ET Q q 0 0 0 rg BT 145.31 518.85 Td (and ) Tj ET Q q 0 0 0 rg BT 162.92 518.85 Td (an ) Tj ET Q q 0 0 0 rg BT 175.52 518.85 Td (important ) Tj ET Q q 0 0 0 rg BT 217.57 518.85 Td (source ) Tj ET Q q 0 0 0 rg BT 246.83 518.85 Td (of ) Tj ET Q q 0 0 0 rg BT 258.33 518.85 Td (innovation ) Tj ET Q q 0 0 0 rg BT 304.27 518.85 Td (supporting ) Tj ET Q q 0 0 0 rg BT 350.21 518.85 Td (the ) Tj ET Q q 0 0 0 rg BT 365.59 518.85 Td (technological ) Tj ET Q q 0 0 0 rg BT 422.62 518.85 Td (advancement ) Tj ET Q q 0 0 0 rg BT 478.54 518.85 Td (of ) Tj ET Q q 0 0 0 rg BT 490.03 518.85 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 520.41 518.85 Td (sport ) Tj ET Q q 0 0 0 rg BT 543.57 518.85 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 506.85 Td (street ) Tj ET Q q 0 0 0 rg BT 78.16 506.85 Td (cars.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 482.85 Td (2. ) Tj ET Q q 0 0 0 rg BT 68.45 482.85 Td (AUTHORIZA) Tj ET Q q 0 0 0 rg BT 129.38 482.85 Td (TION OF) Tj ET Q q 0 0 0 rg BT 170.96 482.85 Td ( INTERIM CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 346.08 482.85 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 425.25 482.85 Td ( ST) Tj ET Q q 0 0 0 rg BT 439.24 482.85 Td (A) Tj ET Q q 0 0 0 rg BT 445.72 482.85 Td (TEMENTS ) Tj ET Q q 0 0 0 rg BT 496.57 482.85 Td (AND ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 470.85 Td (COMPLIANCE ) Tj ET Q q 0 0 0 rg BT 125.76 470.85 Td (WITH INTERNA) Tj ET Q q 0 0 0 rg BT 201.98 470.85 Td (TIONAL) Tj ET Q q 0 0 0 rg BT 240.88 470.85 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 299.50 470.85 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 336.65 470.85 Td (TING ST) Tj ET Q q 0 0 0 rg BT 376.20 470.85 Td (ANDARDS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 458.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 446.85 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 446.85 Td (These ) Tj ET Q q 0 0 0 rg BT 115.54 446.85 Td (Interim ) Tj ET Q q 0 0 0 rg BT 146.64 446.85 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 192.75 446.85 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 247.19 446.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 286.07 446.85 Td (Statements ) Tj ET Q q 0 0 0 rg BT 331.62 446.85 Td (of ) Tj ET Q q 0 0 0 rg BT 341.61 446.85 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 370.49 446.85 Td (N.V) Tj ET Q q 0 0 0 rg BT 386.14 446.85 Td (. ) Tj ET Q q 0 0 0 rg BT 390.31 446.85 Td (were ) Tj ET Q q 0 0 0 rg BT 411.40 446.85 Td (authorized ) Tj ET Q q 0 0 0 rg BT 455.27 446.85 Td (for ) Tj ET Q q 0 0 0 rg BT 468.60 446.85 Td (issuance ) Tj ET Q q 0 0 0 rg BT 504.14 446.85 Td (on ) Tj ET Q q 0 0 0 rg BT 515.81 446.85 Td (November ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 434.85 Td (5, ) Tj ET Q q 0 0 0 rg BT 63.48 434.85 Td (2018, ) Tj ET Q q 0 0 0 rg BT 87.96 434.85 Td (and ) Tj ET Q q 0 0 0 rg BT 104.39 434.85 Td (have ) Tj ET Q q 0 0 0 rg BT 125.25 434.85 Td (been ) Tj ET Q q 0 0 0 rg BT 146.10 434.85 Td (prepared ) Tj ET Q q 0 0 0 rg BT 183.06 434.85 Td (in ) Tj ET Q q 0 0 0 rg BT 192.82 434.85 Td (accordance ) Tj ET Q q 0 0 0 rg BT 239.77 434.85 Td (with ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 259.53 434.85 Td (IAS ) Tj ET Q q 0 0 0 rg BT 275.95 434.85 Td (34 ) Tj ET Q q 0 0 0 rg BT 287.93 434.85 Td (- ) Tj ET Q q 0 0 0 rg BT 293.24 434.85 Td (Interim ) Tj ET Q q 0 0 0 rg BT 324.66 434.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 365.53 434.85 Td (Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.52 434.85 Td (. ) Tj ET Q q 0 0 0 rg BT 409.86 434.85 Td (The ) Tj ET Q q 0 0 0 rg BT 427.39 434.85 Td (Interim ) Tj ET Q q 0 0 0 rg BT 458.81 434.85 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 505.23 434.85 Td (Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 422.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 93.33 422.85 Td (Statements ) Tj ET Q q 0 0 0 rg BT 139.32 422.85 Td (should ) Tj ET Q q 0 0 0 rg BT 168.10 422.85 Td (be ) Tj ET Q q 0 0 0 rg BT 179.66 422.85 Td (read ) Tj ET Q q 0 0 0 rg BT 198.98 422.85 Td (in ) Tj ET Q q 0 0 0 rg BT 208.87 422.85 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 258.19 422.85 Td (with ) Tj ET Q q 0 0 0 rg BT 278.08 422.85 Td (the ) Tj ET Q q 0 0 0 rg BT 292.41 422.85 Td (Group) Tj ET Q q 0 0 0 rg BT 320.74 422.85 Td (s ) Tj ET Q q 0 0 0 rg BT 326.75 422.85 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 379.40 422.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 416.50 422.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 460.82 422.85 Td (at ) Tj ET Q q 0 0 0 rg BT 470.15 422.85 Td (and ) Tj ET Q q 0 0 0 rg BT 486.71 422.85 Td (for ) Tj ET Q q 0 0 0 rg BT 500.48 422.85 Td (the ) Tj ET Q q 0 0 0 rg BT 514.81 422.85 Td (year ) Tj ET Q q 0 0 0 rg BT 534.13 422.85 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 410.85 Td (December31, ) Tj ET Q q 0 0 0 rg BT 113.55 410.85 Td (2017 ) Tj ET Q q 0 0 0 rg BT 137.01 410.85 Td (\(the ) Tj ET Q q 0 0 0 rg BT 156.02 410.85 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 216.70 410.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 257.37 410.85 Td (Statements\), ) Tj ET Q q 0 0 0 rg BT 314.99 410.85 Td (which ) Tj ET Q q 0 0 0 rg BT 342.89 410.85 Td (have ) Tj ET Q q 0 0 0 rg BT 365.23 410.85 Td (been ) Tj ET Q q 0 0 0 rg BT 387.57 410.85 Td (prepared ) Tj ET Q q 0 0 0 rg BT 426.01 410.85 Td (in ) Tj ET Q q 0 0 0 rg BT 437.25 410.85 Td (accordance ) Tj ET Q q 0 0 0 rg BT 485.67 410.85 Td (with ) Tj ET Q q 0 0 0 rg BT 506.91 410.85 Td (International ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 398.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 94.69 398.85 Td (Reporting ) Tj ET Q q 0 0 0 rg BT 138.15 398.85 Td (Standards ) Tj ET Q q 0 0 0 rg BT 181.06 398.85 Td (\(IFRS\) ) Tj ET Q q 0 0 0 rg BT 221.20 398.85 Td (as ) Tj ET Q q 0 0 0 rg BT 233.00 398.85 Td (issued ) Tj ET Q q 0 0 0 rg BT 261.47 398.85 Td (by ) Tj ET Q q 0 0 0 rg BT 274.95 398.85 Td (the ) Tj ET Q q 0 0 0 rg BT 290.64 398.85 Td (International ) Tj ET Q q 0 0 0 rg BT 344.43 398.85 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 394.56 398.85 Td (Standards ) Tj ET Q q 0 0 0 rg BT 437.47 398.85 Td (Board ) Tj ET Q q 0 0 0 rg BT 465.38 398.85 Td (\(IASB\) ) Tj ET Q q 0 0 0 rg BT 507.18 398.85 Td (and ) Tj ET Q q 0 0 0 rg BT 525.09 398.85 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 549.69 398.85 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 386.85 Td (endorsed ) Tj ET Q q 0 0 0 rg BT 92.96 386.85 Td (by ) Tj ET Q q 0 0 0 rg BT 105.82 386.85 Td (the ) Tj ET Q q 0 0 0 rg BT 120.90 386.85 Td (European ) Tj ET Q q 0 0 0 rg BT 162.08 386.85 Td (Union. ) Tj ET Q q 0 0 0 rg BT 192.24 386.85 Td (The ) Tj ET Q q 0 0 0 rg BT 210.65 386.85 Td (designation ) Tj ET Q q 0 0 0 rg BT 259.61 386.85 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 283.60 386.85 Td (also ) Tj ET Q q 0 0 0 rg BT 302.57 386.85 Td (includes ) Tj ET Q q 0 0 0 rg BT 338.76 386.85 Td (International ) Tj ET Q q 0 0 0 rg BT 392.08 386.85 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 441.60 386.85 Td (Standards ) Tj ET Q q 0 0 0 rg BT 483.90 386.85 Td (\(IAS\) ) Tj ET Q q 0 0 0 rg BT 518.41 386.85 Td (as ) Tj ET Q q 0 0 0 rg BT 529.60 386.85 Td (well ) Tj ET Q q 0 0 0 rg BT 549.68 386.85 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 374.85 Td (all ) Tj ET Q q 0 0 0 rg BT 66.19 374.85 Td (the ) Tj ET Q q 0 0 0 rg BT 80.60 374.85 Td (interpretations ) Tj ET Q q 0 0 0 rg BT 140.55 374.85 Td (of ) Tj ET Q q 0 0 0 rg BT 151.08 374.85 Td (the ) Tj ET Q q 0 0 0 rg BT 165.49 374.85 Td (International ) Tj ET Q q 0 0 0 rg BT 218.77 374.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 258.18 374.85 Td (Reporting ) Tj ET Q q 0 0 0 rg BT 300.36 374.85 Td (Interpretations ) Tj ET Q q 0 0 0 rg BT 360.87 374.85 Td (Committee ) Tj ET Q q 0 0 0 rg BT 407.50 374.85 Td (\(IFRIC ) Tj ET Q q 0 0 0 rg BT 447.46 374.85 Td (and ) Tj ET Q q 0 0 0 rg BT 464.10 374.85 Td (SIC\). ) Tj ET Q q 0 0 0 rg BT 496.40 374.85 Td (The ) Tj ET Q q 0 0 0 rg BT 514.14 374.85 Td (accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 362.85 Td (policies ) Tj ET Q q 0 0 0 rg BT 87.85 362.85 Td (adopted ) Tj ET Q q 0 0 0 rg BT 122.25 362.85 Td (are ) Tj ET Q q 0 0 0 rg BT 137.21 362.85 Td (consistent ) Tj ET Q q 0 0 0 rg BT 179.95 362.85 Td (with ) Tj ET Q q 0 0 0 rg BT 200.47 362.85 Td (those ) Tj ET Q q 0 0 0 rg BT 224.33 362.85 Td (used ) Tj ET Q q 0 0 0 rg BT 245.40 362.85 Td (at ) Tj ET Q q 0 0 0 rg BT 255.37 362.85 Td (December31, ) Tj ET Q q 0 0 0 rg BT 314.20 362.85 Td (2017, ) Tj ET Q q 0 0 0 rg BT 339.44 362.85 Td (except ) Tj ET Q q 0 0 0 rg BT 368.28 362.85 Td (as ) Tj ET Q q 0 0 0 rg BT 379.36 362.85 Td (described ) Tj ET Q q 0 0 0 rg BT 420.42 362.85 Td (in ) Tj ET Q q 0 0 0 rg BT 430.95 362.85 Td (the ) Tj ET Q q 0 0 0 rg BT 445.91 362.85 Td (section ) Tj ET Q q 0 0 0 rg BT 476.98 362.85 Td (New ) Tj ET Q q 0 0 0 rg BT 503.05 362.85 Td (standards ) Tj ET Q q 0 0 0 rg BT 543.57 362.85 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 350.85 Td (amendments ) Tj ET Q q 0 0 0 rg BT 107.04 350.85 Td (ef) Tj ET Q q 0 0 0 rg BT 114.63 350.85 Td (fective ) Tj ET Q q 0 0 0 rg BT 144.33 350.85 Td (from ) Tj ET Q q 0 0 0 rg BT 166.27 350.85 Td (January1, ) Tj ET Q q 0 0 0 rg BT 209.87 350.85 Td (2018.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 314.85 Td (3. ) Tj ET Q q 0 0 0 rg BT 64.00 314.85 Td ( ) Tj ET Q q 0 0 0 rg BT 66.50 314.85 Td ( ) Tj ET Q q 0 0 0 rg BT 69.00 314.85 Td (BASIS ) Tj ET Q q 0 0 0 rg BT 100.41 314.85 Td (OF) Tj ET Q q 0 0 0 rg BT 113.92 314.85 Td ( ) Tj ET Q q 0 0 0 rg BT 116.42 314.85 Td (PREP) Tj ET Q q 0 0 0 rg BT 141.79 314.85 Td (ARA) Tj ET Q q 0 0 0 rg BT 162.71 314.85 Td (TION ) Tj ET Q q 0 0 0 rg BT 190.77 314.85 Td (FOR ) Tj ET Q q 0 0 0 rg BT 214.38 314.85 Td (INTERIM ) Tj ET Q q 0 0 0 rg BT 261.89 314.85 Td (CONDENSED ) Tj ET Q q 0 0 0 rg BT 327.17 314.85 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 387.00 314.85 Td (TED ) Tj ET Q q 0 0 0 rg BT 410.06 314.85 Td (FINANCIAL) Tj ET Q q 0 0 0 rg BT 466.18 314.85 Td ( ) Tj ET Q q 0 0 0 rg BT 468.68 314.85 Td (ST) Tj ET Q q 0 0 0 rg BT 480.17 314.85 Td (A) Tj ET Q q 0 0 0 rg BT 486.65 314.85 Td (TEMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 302.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 290.85 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 290.85 Td (The ) Tj ET Q q 0 0 0 rg BT 107.75 290.85 Td (preparation ) Tj ET Q q 0 0 0 rg BT 155.49 290.85 Td (of ) Tj ET Q q 0 0 0 rg BT 166.03 290.85 Td (the ) Tj ET Q q 0 0 0 rg BT 180.45 290.85 Td (Interim ) Tj ET Q q 0 0 0 rg BT 212.09 290.85 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 258.74 290.85 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 313.72 290.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 353.14 290.85 Td (Statements ) Tj ET Q q 0 0 0 rg BT 399.23 290.85 Td (requires ) Tj ET Q q 0 0 0 rg BT 433.64 290.85 Td (management ) Tj ET Q q 0 0 0 rg BT 486.94 290.85 Td (to ) Tj ET Q q 0 0 0 rg BT 496.92 290.85 Td (make ) Tj ET Q q 0 0 0 rg BT 520.79 290.85 Td (estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 278.85 Td (and ) Tj ET Q q 0 0 0 rg BT 70.31 278.85 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 121.62 278.85 Td (that ) Tj ET Q q 0 0 0 rg BT 138.48 278.85 Td (af) Tj ET Q q 0 0 0 rg BT 146.07 278.85 Td (fect ) Tj ET Q q 0 0 0 rg BT 162.93 278.85 Td (the ) Tj ET Q q 0 0 0 rg BT 177.01 278.85 Td (reported ) Tj ET Q q 0 0 0 rg BT 212.19 278.85 Td (amounts ) Tj ET Q q 0 0 0 rg BT 247.95 278.85 Td (of ) Tj ET Q q 0 0 0 rg BT 258.15 278.85 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 298.05 278.85 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 338.52 278.85 Td (assets, ) Tj ET Q q 0 0 0 rg BT 366.21 278.85 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 405.30 278.85 Td (and ) Tj ET Q q 0 0 0 rg BT 421.60 278.85 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 464.02 278.85 Td (of ) Tj ET Q q 0 0 0 rg BT 474.22 278.85 Td (contingent ) Tj ET Q q 0 0 0 rg BT 518.30 278.85 Td (liabilities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 266.85 Td (If ) Tj ET Q q 0 0 0 rg BT 63.46 266.85 Td (in ) Tj ET Q q 0 0 0 rg BT 74.05 266.85 Td (the ) Tj ET Q q 0 0 0 rg BT 89.07 266.85 Td (future ) Tj ET Q q 0 0 0 rg BT 115.75 266.85 Td (such ) Tj ET Q q 0 0 0 rg BT 136.88 266.85 Td (estimates ) Tj ET Q q 0 0 0 rg BT 176.90 266.85 Td (and ) Tj ET Q q 0 0 0 rg BT 194.14 266.85 Td (assumptions, ) Tj ET Q q 0 0 0 rg BT 248.89 266.85 Td (which ) Tj ET Q q 0 0 0 rg BT 276.14 266.85 Td (are ) Tj ET Q q 0 0 0 rg BT 291.15 266.85 Td (based ) Tj ET Q q 0 0 0 rg BT 316.72 266.85 Td (on ) Tj ET Q q 0 0 0 rg BT 329.53 266.85 Td (management) Tj ET Q q 0 0 0 rg BT 383.39 266.85 Td (s ) Tj ET Q q 0 0 0 rg BT 390.09 266.85 Td (best ) Tj ET Q q 0 0 0 rg BT 409.00 266.85 Td (judgment ) Tj ET Q q 0 0 0 rg BT 449.58 266.85 Td (at ) Tj ET Q q 0 0 0 rg BT 459.60 266.85 Td (the ) Tj ET Q q 0 0 0 rg BT 474.62 266.85 Td (date ) Tj ET Q q 0 0 0 rg BT 494.08 266.85 Td (of ) Tj ET Q q 0 0 0 rg BT 505.21 266.85 Td (these ) Tj ET Q q 0 0 0 rg BT 528.57 266.85 Td (Interim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 254.85 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 101.15 254.85 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 156.63 254.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 196.56 254.85 Td (Statements, ) Tj ET Q q 0 0 0 rg BT 245.65 254.85 Td (deviate ) Tj ET Q q 0 0 0 rg BT 277.23 254.85 Td (from ) Tj ET Q q 0 0 0 rg BT 299.38 254.85 Td (the ) Tj ET Q q 0 0 0 rg BT 314.31 254.85 Td (actual ) Tj ET Q q 0 0 0 rg BT 340.90 254.85 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 402.75 254.85 Td (the ) Tj ET Q q 0 0 0 rg BT 417.68 254.85 Td (original ) Tj ET Q q 0 0 0 rg BT 451.49 254.85 Td (estimates ) Tj ET Q q 0 0 0 rg BT 491.42 254.85 Td (and ) Tj ET Q q 0 0 0 rg BT 508.56 254.85 Td (assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 242.85 Td (will ) Tj ET Q q 0 0 0 rg BT 71.81 242.85 Td (be ) Tj ET Q q 0 0 0 rg BT 83.50 242.85 Td (modified ) Tj ET Q q 0 0 0 rg BT 121.85 242.85 Td (as ) Tj ET Q q 0 0 0 rg BT 132.43 242.85 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 180.22 242.85 Td (in ) Tj ET Q q 0 0 0 rg BT 190.25 242.85 Td (the ) Tj ET Q q 0 0 0 rg BT 204.71 242.85 Td (period ) Tj ET Q q 0 0 0 rg BT 232.51 242.85 Td (in ) Tj ET Q q 0 0 0 rg BT 242.54 242.85 Td (which ) Tj ET Q q 0 0 0 rg BT 269.23 242.85 Td (the ) Tj ET Q q 0 0 0 rg BT 283.70 242.85 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 342.59 242.85 Td (change. ) Tj ET Q q 0 0 0 rg BT 375.66 242.85 Td (Reference ) Tj ET Q q 0 0 0 rg BT 418.43 242.85 Td (should ) Tj ET Q q 0 0 0 rg BT 447.35 242.85 Td (be ) Tj ET Q q 0 0 0 rg BT 459.04 242.85 Td (made ) Tj ET Q q 0 0 0 rg BT 482.95 242.85 Td (to ) Tj ET Q q 0 0 0 rg BT 492.97 242.85 Td (the ) Tj ET Q q 0 0 0 rg BT 507.44 242.85 Td (section ) Tj ET Q q 0 0 0 rg BT 538.02 242.85 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 542.46 242.85 Td (Use ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 230.85 Td (of ) Tj ET Q q 0 0 0 rg BT 64.54 230.85 Td (estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.75 230.85 Td ( ) Tj ET Q q 0 0 0 rg BT 108.95 230.85 Td (in ) Tj ET Q q 0 0 0 rg BT 119.49 230.85 Td (the ) Tj ET Q q 0 0 0 rg BT 134.46 230.85 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 190.00 230.85 Td (Financial ) Tj ET Q q 0 0 0 rg BT 229.97 230.85 Td (Statements ) Tj ET Q q 0 0 0 rg BT 276.61 230.85 Td (for ) Tj ET Q q 0 0 0 rg BT 291.03 230.85 Td (a ) Tj ET Q q 0 0 0 rg BT 298.22 230.85 Td (detailed ) Tj ET Q q 0 0 0 rg BT 332.63 230.85 Td (description ) Tj ET Q q 0 0 0 rg BT 379.83 230.85 Td (of ) Tj ET Q q 0 0 0 rg BT 390.91 230.85 Td (the ) Tj ET Q q 0 0 0 rg BT 405.89 230.85 Td (more ) Tj ET Q q 0 0 0 rg BT 429.20 230.85 Td (significant ) Tj ET Q q 0 0 0 rg BT 474.17 230.85 Td (valuation ) Tj ET Q q 0 0 0 rg BT 514.14 230.85 Td (procedures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 218.85 Td (used ) Tj ET Q q 0 0 0 rg BT 74.83 218.85 Td (by ) Tj ET Q q 0 0 0 rg BT 87.33 218.85 Td (the ) Tj ET Q q 0 0 0 rg BT 102.05 218.85 Td (Group.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 194.85 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 194.85 Td (Moreover) Tj ET Q q 0 0 0 rg BT 129.03 194.85 Td (, ) Tj ET Q q 0 0 0 rg BT 135.07 194.85 Td (in ) Tj ET Q q 0 0 0 rg BT 146.39 194.85 Td (accordance ) Tj ET Q q 0 0 0 rg BT 194.89 194.85 Td (with ) Tj ET Q q 0 0 0 rg BT 216.21 194.85 Td (IAS ) Tj ET Q q 0 0 0 rg BT 235.86 194.85 Td (34, ) Tj ET Q q 0 0 0 rg BT 251.90 194.85 Td (certain ) Tj ET Q q 0 0 0 rg BT 282.64 194.85 Td (valuation ) Tj ET Q q 0 0 0 rg BT 323.39 194.85 Td (procedures, ) Tj ET Q q 0 0 0 rg BT 373.30 194.85 Td (in ) Tj ET Q q 0 0 0 rg BT 384.62 194.85 Td (particular ) Tj ET Q q 0 0 0 rg BT 426.47 194.85 Td (those ) Tj ET Q q 0 0 0 rg BT 451.12 194.85 Td (of ) Tj ET Q q 0 0 0 rg BT 462.99 194.85 Td (a ) Tj ET Q q 0 0 0 rg BT 470.97 194.85 Td (more ) Tj ET Q q 0 0 0 rg BT 495.05 194.85 Td (complex ) Tj ET Q q 0 0 0 rg BT 533.03 194.85 Td (nature ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 182.85 Td (regarding ) Tj ET Q q 0 0 0 rg BT 94.57 182.85 Td (matters ) Tj ET Q q 0 0 0 rg BT 126.25 182.85 Td (such ) Tj ET Q q 0 0 0 rg BT 146.83 182.85 Td (as ) Tj ET Q q 0 0 0 rg BT 157.41 182.85 Td (any ) Tj ET Q q 0 0 0 rg BT 174.10 182.85 Td (impairment ) Tj ET Q q 0 0 0 rg BT 222.45 182.85 Td (of ) Tj ET Q q 0 0 0 rg BT 233.03 182.85 Td (non-current ) Tj ET Q q 0 0 0 rg BT 281.93 182.85 Td (assets, ) Tj ET Q q 0 0 0 rg BT 310.01 182.85 Td (are ) Tj ET Q q 0 0 0 rg BT 324.47 182.85 Td (only ) Tj ET Q q 0 0 0 rg BT 344.50 182.85 Td (carried ) Tj ET Q q 0 0 0 rg BT 374.50 182.85 Td (out ) Tj ET Q q 0 0 0 rg BT 389.53 182.85 Td (in ) Tj ET Q q 0 0 0 rg BT 399.56 182.85 Td (full ) Tj ET Q q 0 0 0 rg BT 415.70 182.85 Td (during ) Tj ET Q q 0 0 0 rg BT 444.06 182.85 Td (the ) Tj ET Q q 0 0 0 rg BT 458.53 182.85 Td (preparation ) Tj ET Q q 0 0 0 rg BT 506.31 182.85 Td (of ) Tj ET Q q 0 0 0 rg BT 516.89 182.85 Td (the ) Tj ET Q q 0 0 0 rg BT 531.36 182.85 Td (annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 170.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 90.42 170.85 Td (statements, ) Tj ET Q q 0 0 0 rg BT 136.56 170.85 Td (when ) Tj ET Q q 0 0 0 rg BT 159.66 170.85 Td (all ) Tj ET Q q 0 0 0 rg BT 171.09 170.85 Td (the ) Tj ET Q q 0 0 0 rg BT 184.74 170.85 Td (information ) Tj ET Q q 0 0 0 rg BT 233.38 170.85 Td (required ) Tj ET Q q 0 0 0 rg BT 268.13 170.85 Td (is ) Tj ET Q q 0 0 0 rg BT 276.24 170.85 Td (available, ) Tj ET Q q 0 0 0 rg BT 316.26 170.85 Td (other ) Tj ET Q q 0 0 0 rg BT 338.24 170.85 Td (than ) Tj ET Q q 0 0 0 rg BT 356.89 170.85 Td (in ) Tj ET Q q 0 0 0 rg BT 366.11 170.85 Td (the ) Tj ET Q q 0 0 0 rg BT 379.76 170.85 Td (event ) Tj ET Q q 0 0 0 rg BT 402.85 170.85 Td (that ) Tj ET Q q 0 0 0 rg BT 419.28 170.85 Td (there ) Tj ET Q q 0 0 0 rg BT 440.70 170.85 Td (are ) Tj ET Q q 0 0 0 rg BT 454.34 170.85 Td (indications ) Tj ET Q q 0 0 0 rg BT 499.66 170.85 Td (of ) Tj ET Q q 0 0 0 rg BT 509.42 170.85 Td (impairment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 158.85 Td (when ) Tj ET Q q 0 0 0 rg BT 77.94 158.85 Td (an ) Tj ET Q q 0 0 0 rg BT 89.65 158.85 Td (immediate ) Tj ET Q q 0 0 0 rg BT 134.14 158.85 Td (assessment ) Tj ET Q q 0 0 0 rg BT 180.86 158.85 Td (is ) Tj ET Q q 0 0 0 rg BT 189.80 158.85 Td (necessary) Tj ET Q q 0 0 0 rg BT 228.02 158.85 Td (. ) Tj ET Q q 0 0 0 rg BT 232.80 158.85 Td (In ) Tj ET Q q 0 0 0 rg BT 243.41 158.85 Td (the ) Tj ET Q q 0 0 0 rg BT 257.90 158.85 Td (same ) Tj ET Q q 0 0 0 rg BT 280.73 158.85 Td (way) Tj ET Q q 0 0 0 rg BT 296.74 158.85 Td (, ) Tj ET Q q 0 0 0 rg BT 301.51 158.85 Td (the ) Tj ET Q q 0 0 0 rg BT 316.01 158.85 Td (actuarial ) Tj ET Q q 0 0 0 rg BT 352.71 158.85 Td (valuations ) Tj ET Q q 0 0 0 rg BT 396.09 158.85 Td (that ) Tj ET Q q 0 0 0 rg BT 413.36 158.85 Td (are ) Tj ET Q q 0 0 0 rg BT 427.85 158.85 Td (required ) Tj ET Q q 0 0 0 rg BT 463.44 158.85 Td (for ) Tj ET Q q 0 0 0 rg BT 477.38 158.85 Td (the ) Tj ET Q q 0 0 0 rg BT 491.87 158.85 Td (determination ) Tj ET Q q 0 0 0 rg BT 549.69 158.85 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 146.85 Td (employee ) Tj ET Q q 0 0 0 rg BT 95.16 146.85 Td (benefit ) Tj ET Q q 0 0 0 rg BT 125.22 146.85 Td (provisions ) Tj ET Q q 0 0 0 rg BT 169.18 146.85 Td (are ) Tj ET Q q 0 0 0 rg BT 183.68 146.85 Td (also ) Tj ET Q q 0 0 0 rg BT 202.08 146.85 Td (usually ) Tj ET Q q 0 0 0 rg BT 233.26 146.85 Td (carried ) Tj ET Q q 0 0 0 rg BT 263.31 146.85 Td (out ) Tj ET Q q 0 0 0 rg BT 278.38 146.85 Td (during ) Tj ET Q q 0 0 0 rg BT 306.78 146.85 Td (the ) Tj ET Q q 0 0 0 rg BT 321.29 146.85 Td (preparation ) Tj ET Q q 0 0 0 rg BT 369.11 146.85 Td (of ) Tj ET Q q 0 0 0 rg BT 379.74 146.85 Td (the ) Tj ET Q q 0 0 0 rg BT 394.25 146.85 Td (annual ) Tj ET Q q 0 0 0 rg BT 423.19 146.85 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 476.03 146.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 513.30 146.85 Td (statements, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 134.85 Td (unless ) Tj ET Q q 0 0 0 rg BT 81.50 134.85 Td (in ) Tj ET Q q 0 0 0 rg BT 91.78 134.85 Td (the ) Tj ET Q q 0 0 0 rg BT 106.50 134.85 Td (event ) Tj ET Q q 0 0 0 rg BT 130.65 134.85 Td (of ) Tj ET Q q 0 0 0 rg BT 141.48 134.85 Td (significant ) Tj ET Q q 0 0 0 rg BT 186.19 134.85 Td (market ) Tj ET Q q 0 0 0 rg BT 216.46 134.85 Td (fluctuation, ) Tj ET Q q 0 0 0 rg BT 264.78 134.85 Td (plan ) Tj ET Q q 0 0 0 rg BT 284.49 134.85 Td (amendments ) Tj ET Q q 0 0 0 rg BT 337.54 134.85 Td (or ) Tj ET Q q 0 0 0 rg BT 348.37 134.85 Td (curtailments ) Tj ET Q q 0 0 0 rg BT 400.29 134.85 Td (and ) Tj ET Q q 0 0 0 rg BT 417.23 134.85 Td (settlements.) Tj ET Q endstream endobj 81 0 obj <> endobj 82 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 297.65 32.20 Td (F-7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 713.25 Td (New ) Tj ET Q q 0 0 0 rg BT 75.38 713.25 Td (standards ) Tj ET Q q 0 0 0 rg BT 120.12 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 138.74 713.25 Td (amendments ) Tj ET Q q 0 0 0 rg BT 195.68 713.25 Td (effective ) Tj ET Q q 0 0 0 rg BT 233.71 713.25 Td (fr) Tj ET Q q 0 0 0 rg BT 241.29 713.25 Td (om ) Tj ET Q q 0 0 0 rg BT 257.13 713.25 Td (January1, ) Tj ET Q q 0 0 0 rg BT 305.19 713.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 689.25 Td (The ) Tj ET Q q 0 0 0 rg BT 108.05 689.25 Td (following ) Tj ET Q q 0 0 0 rg BT 149.43 689.25 Td (new ) Tj ET Q q 0 0 0 rg BT 168.59 689.25 Td (standards ) Tj ET Q q 0 0 0 rg BT 208.86 689.25 Td (and ) Tj ET Q q 0 0 0 rg BT 225.80 689.25 Td (amendments ) Tj ET Q q 0 0 0 rg BT 278.84 689.25 Td (ef) Tj ET Q q 0 0 0 rg BT 286.43 689.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 316.13 689.25 Td (from ) Tj ET Q q 0 0 0 rg BT 338.07 689.25 Td (January1, ) Tj ET Q q 0 0 0 rg BT 381.67 689.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 404.17 689.25 Td (were ) Tj ET Q q 0 0 0 rg BT 426.10 689.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 460.25 689.25 Td (by ) Tj ET Q q 0 0 0 rg BT 472.75 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 487.47 689.25 Td (Group.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 665.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 79.29 665.25 Td (15 ) Tj ET Q q 0 0 0 rg BT 91.79 665.25 Td (- ) Tj ET Q q 0 0 0 rg BT 97.62 665.25 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 135.67 665.25 Td (from ) Tj ET Q q 0 0 0 rg BT 158.17 665.25 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 200.68 665.25 Td (with ) Tj ET Q q 0 0 0 rg BT 220.97 665.25 Td (Customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 641.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 641.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 113.48 641.25 Td (15 ) Tj ET Q q 0 0 0 rg BT 125.84 641.25 Td (applies ) Tj ET Q q 0 0 0 rg BT 156.52 641.25 Td (to ) Tj ET Q q 0 0 0 rg BT 166.66 641.25 Td (all ) Tj ET Q q 0 0 0 rg BT 179.01 641.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 216.90 641.25 Td (arising ) Tj ET Q q 0 0 0 rg BT 246.48 641.25 Td (from ) Tj ET Q q 0 0 0 rg BT 268.27 641.25 Td (contracts ) Tj ET Q q 0 0 0 rg BT 306.72 641.25 Td (with ) Tj ET Q q 0 0 0 rg BT 326.86 641.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 369.76 641.25 Td (\(unless ) Tj ET Q q 0 0 0 rg BT 400.45 641.25 Td (those ) Tj ET Q q 0 0 0 rg BT 423.92 641.25 Td (contracts ) Tj ET Q q 0 0 0 rg BT 462.37 641.25 Td (are ) Tj ET Q q 0 0 0 rg BT 476.93 641.25 Td (in ) Tj ET Q q 0 0 0 rg BT 487.07 641.25 Td (the ) Tj ET Q q 0 0 0 rg BT 501.64 641.25 Td (scope ) Tj ET Q q 0 0 0 rg BT 526.77 641.25 Td (of ) Tj ET Q q 0 0 0 rg BT 537.46 641.25 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 629.25 Td (standards\) ) Tj ET Q q 0 0 0 rg BT 98.13 629.25 Td (and ) Tj ET Q q 0 0 0 rg BT 115.60 629.25 Td (replaces ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 151.39 629.25 Td (IAS ) Tj ET Q q 0 0 0 rg BT 168.86 629.25 Td (18 ) Tj ET Q q 0 0 0 rg BT 181.89 629.25 Td (- ) Tj ET Q q 0 0 0 rg BT 188.25 629.25 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.12 629.25 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.65 629.25 Td (IAS ) Tj ET Q q 0 0 0 rg BT 245.12 629.25 Td (1) Tj ET Q q 0 0 0 rg BT 249.38 629.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 257.41 629.25 Td (- ) Tj ET Q q 0 0 0 rg BT 263.77 629.25 Td (Construction ) Tj ET Q q 0 0 0 rg BT 319.03 629.25 Td (Contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.48 629.25 Td ( ) Tj ET Q q 0 0 0 rg BT 361.51 629.25 Td (and ) Tj ET Q q 0 0 0 rg BT 378.98 629.25 Td (related ) Tj ET Q q 0 0 0 rg BT 409.21 629.25 Td (interpretations. ) Tj ET Q q 0 0 0 rg BT 472.29 629.25 Td (The ) Tj ET Q q 0 0 0 rg BT 490.87 629.25 Td (core ) Tj ET Q q 0 0 0 rg BT 511.10 629.25 Td (principle ) Tj ET Q q 0 0 0 rg BT 549.68 629.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 617.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 77.36 617.25 Td (15 ) Tj ET Q q 0 0 0 rg BT 89.59 617.25 Td (is ) Tj ET Q q 0 0 0 rg BT 98.49 617.25 Td (that ) Tj ET Q q 0 0 0 rg BT 115.72 617.25 Td (an ) Tj ET Q q 0 0 0 rg BT 127.40 617.25 Td (entity ) Tj ET Q q 0 0 0 rg BT 152.40 617.25 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 197.39 617.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 231.27 617.25 Td (to ) Tj ET Q q 0 0 0 rg BT 241.28 617.25 Td (depict ) Tj ET Q q 0 0 0 rg BT 267.95 617.25 Td (the ) Tj ET Q q 0 0 0 rg BT 282.40 617.25 Td (transfer ) Tj ET Q q 0 0 0 rg BT 315.17 617.25 Td (of ) Tj ET Q q 0 0 0 rg BT 325.74 617.25 Td (promised ) Tj ET Q q 0 0 0 rg BT 365.19 617.25 Td (goods ) Tj ET Q q 0 0 0 rg BT 391.31 617.25 Td (or ) Tj ET Q q 0 0 0 rg BT 401.88 617.25 Td (services ) Tj ET Q q 0 0 0 rg BT 436.32 617.25 Td (to ) Tj ET Q q 0 0 0 rg BT 446.33 617.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 489.11 617.25 Td (in ) Tj ET Q q 0 0 0 rg BT 499.12 617.25 Td (an ) Tj ET Q q 0 0 0 rg BT 510.79 617.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 543.02 617.25 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.25 Td (reflects ) Tj ET Q q 0 0 0 rg BT 85.95 605.25 Td (the ) Tj ET Q q 0 0 0 rg BT 100.69 605.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 157.09 605.25 Td (the ) Tj ET Q q 0 0 0 rg BT 171.83 605.25 Td (entity ) Tj ET Q q 0 0 0 rg BT 197.13 605.25 Td (expects ) Tj ET Q q 0 0 0 rg BT 229.64 605.25 Td (to ) Tj ET Q q 0 0 0 rg BT 239.95 605.25 Td (receive ) Tj ET Q q 0 0 0 rg BT 271.34 605.25 Td (in ) Tj ET Q q 0 0 0 rg BT 281.64 605.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 321.92 605.25 Td (for ) Tj ET Q q 0 0 0 rg BT 336.11 605.25 Td (those ) Tj ET Q q 0 0 0 rg BT 359.74 605.25 Td (goods ) Tj ET Q q 0 0 0 rg BT 386.16 605.25 Td (or ) Tj ET Q q 0 0 0 rg BT 397.01 605.25 Td (services. ) Tj ET Q q 0 0 0 rg BT 434.06 605.25 Td (The ) Tj ET Q q 0 0 0 rg BT 452.14 605.25 Td (new ) Tj ET Q q 0 0 0 rg BT 471.32 605.25 Td (standard ) Tj ET Q q 0 0 0 rg BT 507.73 605.25 Td (establishes ) Tj ET Q q 0 0 0 rg BT 553.58 605.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 593.25 Td (five ) Tj ET Q q 0 0 0 rg BT 71.28 593.25 Td (step ) Tj ET Q q 0 0 0 rg BT 89.12 593.25 Td (model ) Tj ET Q q 0 0 0 rg BT 115.85 593.25 Td (to ) Tj ET Q q 0 0 0 rg BT 125.36 593.25 Td (recognize ) Tj ET Q q 0 0 0 rg BT 165.95 593.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 199.33 593.25 Td (in ) Tj ET Q q 0 0 0 rg BT 208.84 593.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 255.54 593.25 Td (with ) Tj ET Q q 0 0 0 rg BT 275.05 593.25 Td (this ) Tj ET Q q 0 0 0 rg BT 291.23 593.25 Td (core ) Tj ET Q q 0 0 0 rg BT 310.17 593.25 Td (principle. ) Tj ET Q q 0 0 0 rg BT 349.81 593.25 Td (The ) Tj ET Q q 0 0 0 rg BT 367.09 593.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 394.38 593.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 427.77 593.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 450.62 593.25 Td (15 ) Tj ET Q q 0 0 0 rg BT 462.35 593.25 Td (and ) Tj ET Q q 0 0 0 rg BT 478.52 593.25 Td (related ) Tj ET Q q 0 0 0 rg BT 507.46 593.25 Td (amendments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 581.25 Td (using ) Tj ET Q q 0 0 0 rg BT 77.95 581.25 Td (the ) Tj ET Q q 0 0 0 rg BT 92.44 581.25 Td (modified ) Tj ET Q q 0 0 0 rg BT 130.82 581.25 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 184.74 581.25 Td (approach ) Tj ET Q q 0 0 0 rg BT 223.66 581.25 Td (with ) Tj ET Q q 0 0 0 rg BT 243.72 581.25 Td (the ) Tj ET Q q 0 0 0 rg BT 258.21 581.25 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 304.92 581.25 Td (ef) Tj ET Q q 0 0 0 rg BT 312.50 581.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 329.77 581.25 Td (of ) Tj ET Q q 0 0 0 rg BT 340.37 581.25 Td (initial ) Tj ET Q q 0 0 0 rg BT 365.98 581.25 Td (adoption ) Tj ET Q q 0 0 0 rg BT 403.25 581.25 Td (\(if ) Tj ET Q q 0 0 0 rg BT 414.97 581.25 Td (any\) ) Tj ET Q q 0 0 0 rg BT 435.01 581.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 481.15 581.25 Td (at ) Tj ET Q q 0 0 0 rg BT 490.64 581.25 Td (the ) Tj ET Q q 0 0 0 rg BT 505.14 581.25 Td (date ) Tj ET Q q 0 0 0 rg BT 524.07 581.25 Td (of ) Tj ET Q q 0 0 0 rg BT 534.68 581.25 Td (initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 569.25 Td (application ) Tj ET Q q 0 0 0 rg BT 100.67 569.25 Td (of ) Tj ET Q q 0 0 0 rg BT 111.25 569.25 Td (January ) Tj ET Q q 0 0 0 rg BT 144.60 569.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 154.34 569.25 Td (2018. ) Tj ET Q q 0 0 0 rg BT 178.93 569.25 Td (The ) Tj ET Q q 0 0 0 rg BT 196.72 569.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 224.52 569.25 Td (analyzed ) Tj ET Q q 0 0 0 rg BT 262.29 569.25 Td (each ) Tj ET Q q 0 0 0 rg BT 282.86 569.25 Td (of ) Tj ET Q q 0 0 0 rg BT 293.43 569.25 Td (its ) Tj ET Q q 0 0 0 rg BT 305.13 569.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 339.02 569.25 Td (streams ) Tj ET Q q 0 0 0 rg BT 371.81 569.25 Td (by ) Tj ET Q q 0 0 0 rg BT 384.06 569.25 Td (applying ) Tj ET Q q 0 0 0 rg BT 421.30 569.25 Td (the ) Tj ET Q q 0 0 0 rg BT 435.76 569.25 Td (five-step ) Tj ET Q q 0 0 0 rg BT 472.99 569.25 Td (model ) Tj ET Q q 0 0 0 rg BT 500.23 569.25 Td (and ) Tj ET Q q 0 0 0 rg BT 516.92 569.25 Td (concluded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 557.25 Td (that ) Tj ET Q q 0 0 0 rg BT 71.59 557.25 Td (its ) Tj ET Q q 0 0 0 rg BT 83.63 557.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 130.10 557.25 Td (for ) Tj ET Q q 0 0 0 rg BT 144.36 557.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 178.60 557.25 Td (under ) Tj ET Q q 0 0 0 rg BT 203.96 557.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 227.68 557.25 Td (15 ) Tj ET Q q 0 0 0 rg BT 240.27 557.25 Td (did ) Tj ET Q q 0 0 0 rg BT 255.65 557.25 Td (not ) Tj ET Q q 0 0 0 rg BT 271.02 557.25 Td (result ) Tj ET Q q 0 0 0 rg BT 295.83 557.25 Td (in ) Tj ET Q q 0 0 0 rg BT 306.21 557.25 Td (the ) Tj ET Q q 0 0 0 rg BT 321.02 557.25 Td (recognition ) Tj ET Q q 0 0 0 rg BT 369.16 557.25 Td (of ) Tj ET Q q 0 0 0 rg BT 380.08 557.25 Td (a ) Tj ET Q q 0 0 0 rg BT 387.12 557.25 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 434.14 557.25 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 480.62 557.25 Td (to ) Tj ET Q q 0 0 0 rg BT 490.99 557.25 Td (opening ) Tj ET Q q 0 0 0 rg BT 525.80 557.25 Td (retained ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 545.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 90.08 545.25 Td (under ) Tj ET Q q 0 0 0 rg BT 115.05 545.25 Td (the ) Tj ET Q q 0 0 0 rg BT 129.47 545.25 Td (modified ) Tj ET Q q 0 0 0 rg BT 167.78 545.25 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 221.62 545.25 Td (approach, ) Tj ET Q q 0 0 0 rg BT 262.97 545.25 Td (nor ) Tj ET Q q 0 0 0 rg BT 278.51 545.25 Td (did ) Tj ET Q q 0 0 0 rg BT 293.49 545.25 Td (it ) Tj ET Q q 0 0 0 rg BT 301.25 545.25 Td (have ) Tj ET Q q 0 0 0 rg BT 322.33 545.25 Td (a ) Tj ET Q q 0 0 0 rg BT 328.97 545.25 Td (material ) Tj ET Q q 0 0 0 rg BT 363.93 545.25 Td (ef) Tj ET Q q 0 0 0 rg BT 371.52 545.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 388.71 545.25 Td (on ) Tj ET Q q 0 0 0 rg BT 400.92 545.25 Td (the ) Tj ET Q q 0 0 0 rg BT 415.34 545.25 Td (Group) Tj ET Q q 0 0 0 rg BT 443.67 545.25 Td (s ) Tj ET Q q 0 0 0 rg BT 449.76 545.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 486.94 545.25 Td (position ) Tj ET Q q 0 0 0 rg BT 521.38 545.25 Td (or ) Tj ET Q q 0 0 0 rg BT 531.91 545.25 Td (results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 533.25 Td (of ) Tj ET Q q 0 0 0 rg BT 64.83 533.25 Td (operations. ) Tj ET Q q 0 0 0 rg BT 111.30 533.25 Td (The ) Tj ET Q q 0 0 0 rg BT 129.35 533.25 Td (Group) Tj ET Q q 0 0 0 rg BT 157.68 533.25 Td (s ) Tj ET Q q 0 0 0 rg BT 164.07 533.25 Td (updated ) Tj ET Q q 0 0 0 rg BT 198.23 533.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 232.37 533.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 278.75 533.25 Td (policy ) Tj ET Q q 0 0 0 rg BT 306.24 533.25 Td (is ) Tj ET Q q 0 0 0 rg BT 315.41 533.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 353.46 533.25 Td (below) Tj ET Q q 0 0 0 rg BT 377.25 533.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 509.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 90.00 509.25 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 128.05 509.25 Td (recognition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 485.25 Td (The ) Tj ET Q q 0 0 0 rg BT 108.31 485.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 136.63 485.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 171.05 485.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 194.94 485.25 Td (15 ) Tj ET Q q 0 0 0 rg BT 207.70 485.25 Td (using ) Tj ET Q q 0 0 0 rg BT 232.14 485.25 Td (the ) Tj ET Q q 0 0 0 rg BT 247.12 485.25 Td (modified ) Tj ET Q q 0 0 0 rg BT 285.99 485.25 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 340.39 485.25 Td (method ) Tj ET Q q 0 0 0 rg BT 373.15 485.25 Td (as ) Tj ET Q q 0 0 0 rg BT 384.25 485.25 Td (applied ) Tj ET Q q 0 0 0 rg BT 416.45 485.25 Td (to ) Tj ET Q q 0 0 0 rg BT 426.99 485.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 466.41 485.25 Td (contracts ) Tj ET Q q 0 0 0 rg BT 505.27 485.25 Td (that ) Tj ET Q q 0 0 0 rg BT 523.03 485.25 Td (were ) Tj ET Q q 0 0 0 rg BT 545.23 485.25 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 473.25 Td (completed ) Tj ET Q q 0 0 0 rg BT 98.59 473.25 Td (as ) Tj ET Q q 0 0 0 rg BT 109.87 473.25 Td (of ) Tj ET Q q 0 0 0 rg BT 121.14 473.25 Td (January ) Tj ET Q q 0 0 0 rg BT 155.18 473.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 165.63 473.25 Td (2018. ) Tj ET Q q 0 0 0 rg BT 190.42 473.25 Td (As ) Tj ET Q q 0 0 0 rg BT 204.48 473.25 Td (a ) Tj ET Q q 0 0 0 rg BT 211.86 473.25 Td (result, ) Tj ET Q q 0 0 0 rg BT 239.52 473.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 277.44 473.25 Td (information ) Tj ET Q q 0 0 0 rg BT 327.60 473.25 Td (for ) Tj ET Q q 0 0 0 rg BT 342.20 473.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 381.80 473.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 414.18 473.25 Td (beginning ) Tj ET Q q 0 0 0 rg BT 457.12 473.25 Td (after ) Tj ET Q q 0 0 0 rg BT 478.38 473.25 Td (January ) Tj ET Q q 0 0 0 rg BT 512.42 473.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 522.86 473.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 545.81 473.25 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 461.25 Td (presented ) Tj ET Q q 0 0 0 rg BT 96.20 461.25 Td (under ) Tj ET Q q 0 0 0 rg BT 122.86 461.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 147.87 461.25 Td (15, ) Tj ET Q q 0 0 0 rg BT 164.26 461.25 Td (while ) Tj ET Q q 0 0 0 rg BT 190.36 461.25 Td (comparative ) Tj ET Q q 0 0 0 rg BT 243.67 461.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 282.53 461.25 Td (information ) Tj ET Q q 0 0 0 rg BT 333.63 461.25 Td (has ) Tj ET Q q 0 0 0 rg BT 350.85 461.25 Td (not ) Tj ET Q q 0 0 0 rg BT 367.52 461.25 Td (been ) Tj ET Q q 0 0 0 rg BT 390.28 461.25 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 427.49 461.25 Td (and ) Tj ET Q q 0 0 0 rg BT 445.82 461.25 Td (continues ) Tj ET Q q 0 0 0 rg BT 488.03 461.25 Td (to ) Tj ET Q q 0 0 0 rg BT 499.70 461.25 Td (be ) Tj ET Q q 0 0 0 rg BT 513.02 461.25 Td (reported ) Tj ET Q q 0 0 0 rg BT 550.22 461.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 449.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 101.46 449.25 Td (with ) Tj ET Q q 0 0 0 rg BT 121.74 449.25 Td (the ) Tj ET Q q 0 0 0 rg BT 136.46 449.25 Td (Group) Tj ET Q q 0 0 0 rg BT 164.79 449.25 Td (s ) Tj ET Q q 0 0 0 rg BT 171.18 449.25 Td (historical ) Tj ET Q q 0 0 0 rg BT 210.89 449.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 257.26 449.25 Td (policy ) Tj ET Q q 0 0 0 rg BT 284.76 449.25 Td (for ) Tj ET Q q 0 0 0 rg BT 298.92 449.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 333.06 449.25 Td (recognition ) Tj ET Q q 0 0 0 rg BT 381.10 449.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 403.04 449.25 Td (to ) Tj ET Q q 0 0 0 rg BT 413.32 449.25 Td (the ) Tj ET Q q 0 0 0 rg BT 428.04 449.25 Td (adoption ) Tj ET Q q 0 0 0 rg BT 465.53 449.25 Td (of ) Tj ET Q q 0 0 0 rg BT 476.36 449.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 499.99 449.25 Td (15.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 425.25 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 127.24 425.25 Td (is ) Tj ET Q q 0 0 0 rg BT 136.17 425.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 182.29 425.25 Td (when ) Tj ET Q q 0 0 0 rg BT 206.21 425.25 Td (control ) Tj ET Q q 0 0 0 rg BT 236.79 425.25 Td (over ) Tj ET Q q 0 0 0 rg BT 256.82 425.25 Td (a ) Tj ET Q q 0 0 0 rg BT 263.52 425.25 Td (product ) Tj ET Q q 0 0 0 rg BT 296.32 425.25 Td (or ) Tj ET Q q 0 0 0 rg BT 306.91 425.25 Td (service ) Tj ET Q q 0 0 0 rg BT 337.49 425.25 Td (is ) Tj ET Q q 0 0 0 rg BT 346.41 425.25 Td (transferred ) Tj ET Q q 0 0 0 rg BT 391.98 425.25 Td (to ) Tj ET Q q 0 0 0 rg BT 402.01 425.25 Td (a ) Tj ET Q q 0 0 0 rg BT 408.71 425.25 Td (customer) Tj ET Q q 0 0 0 rg BT 444.81 425.25 Td (. ) Tj ET Q q 0 0 0 rg BT 449.57 425.25 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 486.82 425.25 Td (is ) Tj ET Q q 0 0 0 rg BT 495.74 425.25 Td (measured ) Tj ET Q q 0 0 0 rg BT 536.32 425.25 Td (at ) Tj ET Q q 0 0 0 rg BT 545.79 425.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 413.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 100.43 413.25 Td (price ) Tj ET Q q 0 0 0 rg BT 122.98 413.25 Td (which ) Tj ET Q q 0 0 0 rg BT 149.98 413.25 Td (is ) Tj ET Q q 0 0 0 rg BT 159.21 413.25 Td (based ) Tj ET Q q 0 0 0 rg BT 184.53 413.25 Td (on ) Tj ET Q q 0 0 0 rg BT 197.09 413.25 Td (the ) Tj ET Q q 0 0 0 rg BT 211.87 413.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 244.43 413.25 Td (of ) Tj ET Q q 0 0 0 rg BT 255.32 413.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 311.75 413.25 Td (that ) Tj ET Q q 0 0 0 rg BT 329.30 413.25 Td (the ) Tj ET Q q 0 0 0 rg BT 344.08 413.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 372.19 413.25 Td (expects ) Tj ET Q q 0 0 0 rg BT 404.74 413.25 Td (to ) Tj ET Q q 0 0 0 rg BT 415.08 413.25 Td (receive ) Tj ET Q q 0 0 0 rg BT 446.50 413.25 Td (in ) Tj ET Q q 0 0 0 rg BT 456.84 413.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 497.15 413.25 Td (for ) Tj ET Q q 0 0 0 rg BT 511.37 413.25 Td (transferring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 401.25 Td (the ) Tj ET Q q 0 0 0 rg BT 68.43 401.25 Td (promised ) Tj ET Q q 0 0 0 rg BT 107.85 401.25 Td (goods ) Tj ET Q q 0 0 0 rg BT 133.95 401.25 Td (or ) Tj ET Q q 0 0 0 rg BT 144.49 401.25 Td (services ) Tj ET Q q 0 0 0 rg BT 178.90 401.25 Td (to ) Tj ET Q q 0 0 0 rg BT 188.89 401.25 Td (the ) Tj ET Q q 0 0 0 rg BT 203.32 401.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 242.18 401.25 Td (and ) Tj ET Q q 0 0 0 rg BT 258.83 401.25 Td (excludes ) Tj ET Q q 0 0 0 rg BT 296.02 401.25 Td (any ) Tj ET Q q 0 0 0 rg BT 312.67 401.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 334.32 401.25 Td (incentives ) Tj ET Q q 0 0 0 rg BT 377.07 401.25 Td (as ) Tj ET Q q 0 0 0 rg BT 387.60 401.25 Td (well ) Tj ET Q q 0 0 0 rg BT 407.03 401.25 Td (as ) Tj ET Q q 0 0 0 rg BT 417.57 401.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 440.32 401.25 Td (collected ) Tj ET Q q 0 0 0 rg BT 478.62 401.25 Td (from ) Tj ET Q q 0 0 0 rg BT 500.27 401.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 543.02 401.25 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 389.25 Td (are ) Tj ET Q q 0 0 0 rg BT 68.75 389.25 Td (remitted ) Tj ET Q q 0 0 0 rg BT 104.61 389.25 Td (to ) Tj ET Q q 0 0 0 rg BT 114.93 389.25 Td (government ) Tj ET Q q 0 0 0 rg BT 165.24 389.25 Td (authorities. ) Tj ET Q q 0 0 0 rg BT 212.31 389.25 Td (The ) Tj ET Q q 0 0 0 rg BT 230.39 389.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 276.81 389.25 Td (price ) Tj ET Q q 0 0 0 rg BT 299.33 389.25 Td (will ) Tj ET Q q 0 0 0 rg BT 317.43 389.25 Td (include ) Tj ET Q q 0 0 0 rg BT 349.41 389.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 389.16 389.25 Td (of ) Tj ET Q q 0 0 0 rg BT 400.03 389.25 Td (variable ) Tj ET Q q 0 0 0 rg BT 434.78 389.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 491.19 389.25 Td (to ) Tj ET Q q 0 0 0 rg BT 501.51 389.25 Td (the ) Tj ET Q q 0 0 0 rg BT 516.27 389.25 Td (extent ) Tj ET Q q 0 0 0 rg BT 543.24 389.25 Td (it ) Tj ET Q q 0 0 0 rg BT 551.34 389.25 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 377.25 Td (probable ) Tj ET Q q 0 0 0 rg BT 91.28 377.25 Td (that ) Tj ET Q q 0 0 0 rg BT 108.56 377.25 Td (a ) Tj ET Q q 0 0 0 rg BT 115.29 377.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 159.79 377.25 Td (reversal ) Tj ET Q q 0 0 0 rg BT 193.73 377.25 Td (of ) Tj ET Q q 0 0 0 rg BT 204.35 377.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 238.28 377.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 284.43 377.25 Td (will ) Tj ET Q q 0 0 0 rg BT 302.28 377.25 Td (not ) Tj ET Q q 0 0 0 rg BT 317.35 377.25 Td (occur) Tj ET Q q 0 0 0 rg BT 339.00 377.25 Td (. ) Tj ET Q q 0 0 0 rg BT 343.63 377.25 Td (The ) Tj ET Q q 0 0 0 rg BT 361.47 377.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 389.31 377.25 Td (enters ) Tj ET Q q 0 0 0 rg BT 415.48 377.25 Td (into ) Tj ET Q q 0 0 0 rg BT 433.32 377.25 Td (contracts ) Tj ET Q q 0 0 0 rg BT 471.71 377.25 Td (that ) Tj ET Q q 0 0 0 rg BT 488.99 377.25 Td (may ) Tj ET Q q 0 0 0 rg BT 508.50 377.25 Td (include ) Tj ET Q q 0 0 0 rg BT 540.22 377.25 Td (both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 365.25 Td (products ) Tj ET Q q 0 0 0 rg BT 90.94 365.25 Td (and ) Tj ET Q q 0 0 0 rg BT 107.88 365.25 Td (services, ) Tj ET Q q 0 0 0 rg BT 145.08 365.25 Td (which ) Tj ET Q q 0 0 0 rg BT 172.02 365.25 Td (are ) Tj ET Q q 0 0 0 rg BT 186.73 365.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 226.43 365.25 Td (capable ) Tj ET Q q 0 0 0 rg BT 259.46 365.25 Td (of ) Tj ET Q q 0 0 0 rg BT 270.29 365.25 Td (being ) Tj ET Q q 0 0 0 rg BT 295.01 365.25 Td (distinct ) Tj ET Q q 0 0 0 rg BT 326.95 365.25 Td (and ) Tj ET Q q 0 0 0 rg BT 343.89 365.25 Td (accounted ) Tj ET Q q 0 0 0 rg BT 386.92 365.25 Td (for ) Tj ET Q q 0 0 0 rg BT 401.08 365.25 Td (as ) Tj ET Q q 0 0 0 rg BT 411.92 365.25 Td (separate ) Tj ET Q q 0 0 0 rg BT 447.17 365.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 500.19 365.25 Td (obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 341.25 Td (The ) Tj ET Q q 0 0 0 rg BT 108.16 341.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 136.33 341.25 Td (generates ) Tj ET Q q 0 0 0 rg BT 176.70 341.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 210.96 341.25 Td (from ) Tj ET Q q 0 0 0 rg BT 233.01 341.25 Td (the ) Tj ET Q q 0 0 0 rg BT 247.84 341.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 266.00 341.25 Td (of ) Tj ET Q q 0 0 0 rg BT 276.95 341.25 Td (cars, ) Tj ET Q q 0 0 0 rg BT 298.16 341.25 Td (spare ) Tj ET Q q 0 0 0 rg BT 321.88 341.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 343.93 341.25 Td (and ) Tj ET Q q 0 0 0 rg BT 360.98 341.25 Td (engines ) Tj ET Q q 0 0 0 rg BT 394.14 341.25 Td (as ) Tj ET Q q 0 0 0 rg BT 405.09 341.25 Td (well ) Tj ET Q q 0 0 0 rg BT 424.92 341.25 Td (as ) Tj ET Q q 0 0 0 rg BT 435.86 341.25 Td (from ) Tj ET Q q 0 0 0 rg BT 457.92 341.25 Td (sponsorship, ) Tj ET Q q 0 0 0 rg BT 510.82 341.25 Td (commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 329.25 Td (and ) Tj ET Q q 0 0 0 rg BT 71.23 329.25 Td (brand ) Tj ET Q q 0 0 0 rg BT 96.79 329.25 Td (activities. ) Tj ET Q q 0 0 0 rg BT 137.98 329.25 Td (The ) Tj ET Q q 0 0 0 rg BT 156.31 329.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 184.66 329.25 Td (accounts ) Tj ET Q q 0 0 0 rg BT 222.43 329.25 Td (for ) Tj ET Q q 0 0 0 rg BT 236.88 329.25 Td (a ) Tj ET Q q 0 0 0 rg BT 244.11 329.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 279.10 329.25 Td (with ) Tj ET Q q 0 0 0 rg BT 299.67 329.25 Td (a ) Tj ET Q q 0 0 0 rg BT 306.90 329.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 346.35 329.25 Td (when ) Tj ET Q q 0 0 0 rg BT 370.80 329.25 Td (there ) Tj ET Q q 0 0 0 rg BT 393.57 329.25 Td (is ) Tj ET Q q 0 0 0 rg BT 403.03 329.25 Td (a ) Tj ET Q q 0 0 0 rg BT 410.26 329.25 Td (legally ) Tj ET Q q 0 0 0 rg BT 440.27 329.25 Td (enforceable ) Tj ET Q q 0 0 0 rg BT 489.69 329.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 524.68 329.25 Td (between ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 317.25 Td (the ) Tj ET Q q 0 0 0 rg BT 68.55 317.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 96.43 317.25 Td (and ) Tj ET Q q 0 0 0 rg BT 113.20 317.25 Td (the ) Tj ET Q q 0 0 0 rg BT 127.75 317.25 Td (customer) Tj ET Q q 0 0 0 rg BT 164.00 317.25 Td (, ) Tj ET Q q 0 0 0 rg BT 168.84 317.25 Td (the ) Tj ET Q q 0 0 0 rg BT 183.38 317.25 Td (rights ) Tj ET Q q 0 0 0 rg BT 208.49 317.25 Td (of ) Tj ET Q q 0 0 0 rg BT 219.16 317.25 Td (the ) Tj ET Q q 0 0 0 rg BT 233.70 317.25 Td (parties ) Tj ET Q q 0 0 0 rg BT 262.69 317.25 Td (are ) Tj ET Q q 0 0 0 rg BT 277.23 317.25 Td (identified, ) Tj ET Q q 0 0 0 rg BT 320.38 317.25 Td (the ) Tj ET Q q 0 0 0 rg BT 334.93 317.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 369.46 317.25 Td (has ) Tj ET Q q 0 0 0 rg BT 385.13 317.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 434.65 317.25 Td (substance, ) Tj ET Q q 0 0 0 rg BT 478.36 317.25 Td (and ) Tj ET Q q 0 0 0 rg BT 495.13 317.25 Td (collectability ) Tj ET Q q 0 0 0 rg BT 549.67 317.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 305.25 Td (the ) Tj ET Q q 0 0 0 rg BT 68.72 305.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 103.42 305.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 159.79 305.25 Td (is ) Tj ET Q q 0 0 0 rg BT 168.96 305.25 Td (probable. ) Tj ET Q q 0 0 0 rg BT 208.95 305.25 Td (Payments ) Tj ET Q q 0 0 0 rg BT 250.33 305.25 Td (from ) Tj ET Q q 0 0 0 rg BT 272.27 305.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 315.32 305.25 Td (are ) Tj ET Q q 0 0 0 rg BT 330.03 305.25 Td (typically ) Tj ET Q q 0 0 0 rg BT 367.52 305.25 Td (due ) Tj ET Q q 0 0 0 rg BT 384.45 305.25 Td (within ) Tj ET Q q 0 0 0 rg BT 412.51 305.25 Td (30 ) Tj ET Q q 0 0 0 rg BT 425.01 305.25 Td (and ) Tj ET Q q 0 0 0 rg BT 441.95 305.25 Td (40 ) Tj ET Q q 0 0 0 rg BT 454.45 305.25 Td (days ) Tj ET Q q 0 0 0 rg BT 475.28 305.25 Td (of ) Tj ET Q q 0 0 0 rg BT 486.11 305.25 Td (invoicing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 281.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 281.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.73 281.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 135.46 281.25 Td (does ) Tj ET Q q 0 0 0 rg BT 155.97 281.25 Td (not ) Tj ET Q q 0 0 0 rg BT 170.93 281.25 Td (recognize ) Tj ET Q q 0 0 0 rg BT 211.98 281.25 Td (any ) Tj ET Q q 0 0 0 rg BT 228.60 281.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 254.11 281.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 297.38 281.25 Td (with ) Tj ET Q q 0 0 0 rg BT 317.34 281.25 Td (the ) Tj ET Q q 0 0 0 rg BT 331.74 281.25 Td (incremental ) Tj ET Q q 0 0 0 rg BT 381.12 281.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 403.30 281.25 Td (of ) Tj ET Q q 0 0 0 rg BT 413.82 281.25 Td (obtaining ) Tj ET Q q 0 0 0 rg BT 453.77 281.25 Td (a ) Tj ET Q q 0 0 0 rg BT 460.39 281.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 494.77 281.25 Td (with ) Tj ET Q q 0 0 0 rg BT 514.73 281.25 Td (a ) Tj ET Q q 0 0 0 rg BT 521.35 281.25 Td (customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 269.25 Td (that ) Tj ET Q q 0 0 0 rg BT 71.43 269.25 Td (are ) Tj ET Q q 0 0 0 rg BT 86.08 269.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 124.05 269.25 Td (to ) Tj ET Q q 0 0 0 rg BT 134.26 269.25 Td (be ) Tj ET Q q 0 0 0 rg BT 146.14 269.25 Td (recovered. ) Tj ET Q q 0 0 0 rg BT 190.32 269.25 Td (The ) Tj ET Q q 0 0 0 rg BT 208.30 269.25 Td (majority ) Tj ET Q q 0 0 0 rg BT 244.62 269.25 Td (of ) Tj ET Q q 0 0 0 rg BT 255.39 269.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 289.47 269.25 Td (is ) Tj ET Q q 0 0 0 rg BT 298.58 269.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 344.88 269.25 Td (at ) Tj ET Q q 0 0 0 rg BT 354.54 269.25 Td (a ) Tj ET Q q 0 0 0 rg BT 361.41 269.25 Td (point-in-time ) Tj ET Q q 0 0 0 rg BT 416.62 269.25 Td (or ) Tj ET Q q 0 0 0 rg BT 427.39 269.25 Td (over ) Tj ET Q q 0 0 0 rg BT 447.59 269.25 Td (a ) Tj ET Q q 0 0 0 rg BT 454.47 269.25 Td (period ) Tj ET Q q 0 0 0 rg BT 482.46 269.25 Td (of ) Tj ET Q q 0 0 0 rg BT 493.22 269.25 Td (one ) Tj ET Q q 0 0 0 rg BT 510.10 269.25 Td (year ) Tj ET Q q 0 0 0 rg BT 529.74 269.25 Td (or ) Tj ET Q q 0 0 0 rg BT 540.51 269.25 Td (less, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 257.25 Td (and ) Tj ET Q q 0 0 0 rg BT 71.47 257.25 Td (the ) Tj ET Q q 0 0 0 rg BT 86.71 257.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 115.29 257.25 Td (applies ) Tj ET Q q 0 0 0 rg BT 146.65 257.25 Td (the ) Tj ET Q q 0 0 0 rg BT 161.89 257.25 Td (practical ) Tj ET Q q 0 0 0 rg BT 199.34 257.25 Td (expedient ) Tj ET Q q 0 0 0 rg BT 241.24 257.25 Td (to ) Tj ET Q q 0 0 0 rg BT 252.05 257.25 Td (recognize ) Tj ET Q q 0 0 0 rg BT 293.94 257.25 Td (the ) Tj ET Q q 0 0 0 rg BT 309.19 257.25 Td (incremental ) Tj ET Q q 0 0 0 rg BT 359.41 257.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 382.44 257.25 Td (of ) Tj ET Q q 0 0 0 rg BT 393.80 257.25 Td (obtaining ) Tj ET Q q 0 0 0 rg BT 434.60 257.25 Td (a ) Tj ET Q q 0 0 0 rg BT 442.07 257.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 477.30 257.25 Td (as ) Tj ET Q q 0 0 0 rg BT 488.66 257.25 Td (an ) Tj ET Q q 0 0 0 rg BT 501.13 257.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 536.36 257.25 Td (when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 245.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 89.82 245.25 Td (if ) Tj ET Q q 0 0 0 rg BT 98.42 245.25 Td (the ) Tj ET Q q 0 0 0 rg BT 113.14 245.25 Td (amortization ) Tj ET Q q 0 0 0 rg BT 166.18 245.25 Td (period ) Tj ET Q q 0 0 0 rg BT 194.22 245.25 Td (of ) Tj ET Q q 0 0 0 rg BT 205.05 245.25 Td (the ) Tj ET Q q 0 0 0 rg BT 219.77 245.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 241.71 245.25 Td (that ) Tj ET Q q 0 0 0 rg BT 259.21 245.25 Td (would ) Tj ET Q q 0 0 0 rg BT 286.71 245.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 328.08 245.25 Td (be ) Tj ET Q q 0 0 0 rg BT 340.02 245.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 386.38 245.25 Td (is ) Tj ET Q q 0 0 0 rg BT 395.55 245.25 Td (one ) Tj ET Q q 0 0 0 rg BT 412.49 245.25 Td (year ) Tj ET Q q 0 0 0 rg BT 432.20 245.25 Td (or ) Tj ET Q q 0 0 0 rg BT 443.03 245.25 Td (less.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 221.25 Td (Cars, ) Tj ET Q q 0 0 0 rg BT 78.45 221.25 Td (spar) Tj ET Q q 0 0 0 rg BT 95.87 221.25 Td (e ) Tj ET Q q 0 0 0 rg BT 102.80 221.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 125.87 221.25 Td (and ) Tj ET Q q 0 0 0 rg BT 143.37 221.25 Td (engines) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 197.25 Td (The ) Tj ET Q q 0 0 0 rg BT 108.17 197.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 130.23 197.25 Td (of ) Tj ET Q q 0 0 0 rg BT 141.18 197.25 Td (cars, ) Tj ET Q q 0 0 0 rg BT 162.40 197.25 Td (spare ) Tj ET Q q 0 0 0 rg BT 186.12 197.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 208.18 197.25 Td (and ) Tj ET Q q 0 0 0 rg BT 225.24 197.25 Td (engines ) Tj ET Q q 0 0 0 rg BT 258.41 197.25 Td (have ) Tj ET Q q 0 0 0 rg BT 279.90 197.25 Td (multiple ) Tj ET Q q 0 0 0 rg BT 315.85 197.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 369.00 197.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 416.06 197.25 Td (that ) Tj ET Q q 0 0 0 rg BT 433.68 197.25 Td (include ) Tj ET Q q 0 0 0 rg BT 465.73 197.25 Td (products, ) Tj ET Q q 0 0 0 rg BT 505.29 197.25 Td (services, ) Tj ET Q q 0 0 0 rg BT 542.62 197.25 Td (or ) Tj ET Q q 0 0 0 rg BT 553.57 197.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 185.25 Td (combination ) Tj ET Q q 0 0 0 rg BT 105.57 185.25 Td (of ) Tj ET Q q 0 0 0 rg BT 115.48 185.25 Td (products ) Tj ET Q q 0 0 0 rg BT 151.50 185.25 Td (and ) Tj ET Q q 0 0 0 rg BT 167.53 185.25 Td (services ) Tj ET Q q 0 0 0 rg BT 201.31 185.25 Td (as ) Tj ET Q q 0 0 0 rg BT 211.23 185.25 Td (contracts ) Tj ET Q q 0 0 0 rg BT 248.90 185.25 Td (may ) Tj ET Q q 0 0 0 rg BT 267.70 185.25 Td (include ) Tj ET Q q 0 0 0 rg BT 298.72 185.25 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 350.83 185.25 Td (programs ) Tj ET Q q 0 0 0 rg BT 390.18 185.25 Td (and ) Tj ET Q q 0 0 0 rg BT 406.20 185.25 Td (extended ) Tj ET Q q 0 0 0 rg BT 443.87 185.25 Td (warranties ) Tj ET Q q 0 0 0 rg BT 487.10 185.25 Td (that ) Tj ET Q q 0 0 0 rg BT 503.68 185.25 Td (are ) Tj ET Q q 0 0 0 rg BT 517.47 185.25 Td (separately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 173.25 Td (priced ) Tj ET Q q 0 0 0 rg BT 82.06 173.25 Td (or ) Tj ET Q q 0 0 0 rg BT 93.46 173.25 Td (not ) Tj ET Q q 0 0 0 rg BT 109.31 173.25 Td (separately ) Tj ET Q q 0 0 0 rg BT 152.91 173.25 Td (priced. ) Tj ET Q q 0 0 0 rg BT 183.47 173.25 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 224.86 173.25 Td (may ) Tj ET Q q 0 0 0 rg BT 245.15 173.25 Td (also ) Tj ET Q q 0 0 0 rg BT 264.33 173.25 Td (include ) Tj ET Q q 0 0 0 rg BT 296.84 173.25 Td (variable ) Tj ET Q q 0 0 0 rg BT 332.11 173.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 389.05 173.25 Td (for ) Tj ET Q q 0 0 0 rg BT 403.79 173.25 Td (discounts ) Tj ET Q q 0 0 0 rg BT 444.63 173.25 Td (such ) Tj ET Q q 0 0 0 rg BT 466.04 173.25 Td (as ) Tj ET Q q 0 0 0 rg BT 477.44 173.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 499.95 173.25 Td (incentives ) Tj ET Q q 0 0 0 rg BT 543.56 173.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 161.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 106.59 161.25 Td (based ) Tj ET Q q 0 0 0 rg BT 131.42 161.25 Td (bonuses ) Tj ET Q q 0 0 0 rg BT 165.71 161.25 Td (and ) Tj ET Q q 0 0 0 rg BT 182.21 161.25 Td (product ) Tj ET Q q 0 0 0 rg BT 214.82 161.25 Td (returns. ) Tj ET Q q 0 0 0 rg BT 247.00 161.25 Td (The ) Tj ET Q q 0 0 0 rg BT 264.62 161.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 282.79 161.25 Td (of ) Tj ET Q q 0 0 0 rg BT 293.18 161.25 Td (incentives ) Tj ET Q q 0 0 0 rg BT 335.79 161.25 Td (is ) Tj ET Q q 0 0 0 rg BT 344.52 161.25 Td (estimated ) Tj ET Q q 0 0 0 rg BT 384.91 161.25 Td (at ) Tj ET Q q 0 0 0 rg BT 394.19 161.25 Td (the ) Tj ET Q q 0 0 0 rg BT 408.47 161.25 Td (inception ) Tj ET Q q 0 0 0 rg BT 447.75 161.25 Td (of ) Tj ET Q q 0 0 0 rg BT 458.14 161.25 Td (a ) Tj ET Q q 0 0 0 rg BT 464.64 161.25 Td (contract ) Tj ET Q q 0 0 0 rg BT 498.91 161.25 Td (at ) Tj ET Q q 0 0 0 rg BT 508.19 161.25 Td (the ) Tj ET Q q 0 0 0 rg BT 522.47 161.25 Td (expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 149.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 86.29 149.25 Td (that ) Tj ET Q q 0 0 0 rg BT 103.59 149.25 Td (will ) Tj ET Q q 0 0 0 rg BT 121.45 149.25 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 164.29 149.25 Td (be ) Tj ET Q q 0 0 0 rg BT 176.03 149.25 Td (paid ) Tj ET Q q 0 0 0 rg BT 195.55 149.25 Td (and ) Tj ET Q q 0 0 0 rg BT 212.29 149.25 Td (is ) Tj ET Q q 0 0 0 rg BT 221.26 149.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 267.42 149.25 Td (as ) Tj ET Q q 0 0 0 rg BT 278.05 149.25 Td (a ) Tj ET Q q 0 0 0 rg BT 284.79 149.25 Td (reduction ) Tj ET Q q 0 0 0 rg BT 324.85 149.25 Td (to ) Tj ET Q q 0 0 0 rg BT 334.93 149.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 368.87 149.25 Td (at ) Tj ET Q q 0 0 0 rg BT 378.39 149.25 Td (the ) Tj ET Q q 0 0 0 rg BT 392.91 149.25 Td (time ) Tj ET Q q 0 0 0 rg BT 412.98 149.25 Td (of ) Tj ET Q q 0 0 0 rg BT 423.61 149.25 Td (the ) Tj ET Q q 0 0 0 rg BT 438.13 149.25 Td (sale. ) Tj ET Q q 0 0 0 rg BT 458.47 149.25 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 499.65 149.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 545.81 149.25 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 137.25 Td (limited ) Tj ET Q q 0 0 0 rg BT 84.12 137.25 Td (to ) Tj ET Q q 0 0 0 rg BT 93.69 137.25 Td (the ) Tj ET Q q 0 0 0 rg BT 107.70 137.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 139.49 137.25 Td (of ) Tj ET Q q 0 0 0 rg BT 149.61 137.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 205.27 137.25 Td (the ) Tj ET Q q 0 0 0 rg BT 219.28 137.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 246.63 137.25 Td (expects ) Tj ET Q q 0 0 0 rg BT 278.40 137.25 Td (to ) Tj ET Q q 0 0 0 rg BT 287.97 137.25 Td (receive. ) Tj ET Q q 0 0 0 rg BT 321.00 137.25 Td (The ) Tj ET Q q 0 0 0 rg BT 338.34 137.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 365.68 137.25 Td (allocates ) Tj ET Q q 0 0 0 rg BT 402.45 137.25 Td (the ) Tj ET Q q 0 0 0 rg BT 416.46 137.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 462.13 137.25 Td (price ) Tj ET Q q 0 0 0 rg BT 483.90 137.25 Td (to ) Tj ET Q q 0 0 0 rg BT 493.48 137.25 Td (the ) Tj ET Q q 0 0 0 rg BT 507.48 137.25 Td (performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 125.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 100.70 125.25 Td (based ) Tj ET Q q 0 0 0 rg BT 125.73 125.25 Td (on ) Tj ET Q q 0 0 0 rg BT 137.99 125.25 Td (the ) Tj ET Q q 0 0 0 rg BT 152.47 125.25 Td (stand ) Tj ET Q q 0 0 0 rg BT 175.84 125.25 Td (alone ) Tj ET Q q 0 0 0 rg BT 199.75 125.25 Td (selling ) Tj ET Q q 0 0 0 rg BT 228.68 125.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 254.81 125.25 Td (\(SSP\) ) Tj ET Q q 0 0 0 rg BT 280.42 125.25 Td (for ) Tj ET Q q 0 0 0 rg BT 294.34 125.25 Td (each ) Tj ET Q q 0 0 0 rg BT 314.91 125.25 Td (obligation. ) Tj ET Q q 0 0 0 rg BT 360.06 125.25 Td (When ) Tj ET Q q 0 0 0 rg BT 386.20 125.25 Td (the ) Tj ET Q q 0 0 0 rg BT 400.67 125.25 Td (SSP) Tj ET Q q 0 0 0 rg BT 416.99 125.25 Td ( ) Tj ET Q q 0 0 0 rg BT 419.25 125.25 Td (does ) Tj ET Q q 0 0 0 rg BT 439.84 125.25 Td (not ) Tj ET Q q 0 0 0 rg BT 454.87 125.25 Td (exist, ) Tj ET Q q 0 0 0 rg BT 478.52 125.25 Td (the ) Tj ET Q q 0 0 0 rg BT 493.00 125.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 520.81 125.25 Td (estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 113.25 Td (the ) Tj ET Q q 0 0 0 rg BT 68.72 113.25 Td (SSP) Tj ET Q q 0 0 0 rg BT 85.03 113.25 Td ( ) Tj ET Q q 0 0 0 rg BT 87.53 113.25 Td (based ) Tj ET Q q 0 0 0 rg BT 112.80 113.25 Td (on ) Tj ET Q q 0 0 0 rg BT 125.30 113.25 Td (the ) Tj ET Q q 0 0 0 rg BT 140.02 113.25 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 175.84 113.25 Td (market ) Tj ET Q q 0 0 0 rg BT 206.10 113.25 Td (approach.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 89.25 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 131.30 89.25 Td (for ) Tj ET Q q 0 0 0 rg BT 145.37 89.25 Td (the ) Tj ET Q q 0 0 0 rg BT 160.01 89.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 177.97 89.25 Td (of ) Tj ET Q q 0 0 0 rg BT 188.72 89.25 Td (cars, ) Tj ET Q q 0 0 0 rg BT 209.74 89.25 Td (spare ) Tj ET Q q 0 0 0 rg BT 233.26 89.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 255.11 89.25 Td (and ) Tj ET Q q 0 0 0 rg BT 271.97 89.25 Td (engines ) Tj ET Q q 0 0 0 rg BT 304.94 89.25 Td (are ) Tj ET Q q 0 0 0 rg BT 319.56 89.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 365.84 89.25 Td (at ) Tj ET Q q 0 0 0 rg BT 375.48 89.25 Td (a ) Tj ET Q q 0 0 0 rg BT 382.33 89.25 Td (point ) Tj ET Q q 0 0 0 rg BT 405.31 89.25 Td (in ) Tj ET Q q 0 0 0 rg BT 415.51 89.25 Td (time ) Tj ET Q q 0 0 0 rg BT 435.70 89.25 Td (when ) Tj ET Q q 0 0 0 rg BT 459.78 89.25 Td (control ) Tj ET Q q 0 0 0 rg BT 490.52 89.25 Td (of ) Tj ET Q q 0 0 0 rg BT 501.27 89.25 Td (the ) Tj ET Q q 0 0 0 rg BT 515.90 89.25 Td (cars, ) Tj ET Q q 0 0 0 rg BT 536.92 89.25 Td (spare ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 77.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 75.84 77.25 Td (or ) Tj ET Q q 0 0 0 rg BT 86.57 77.25 Td (engines ) Tj ET Q q 0 0 0 rg BT 119.52 77.25 Td (is ) Tj ET Q q 0 0 0 rg BT 128.59 77.25 Td (transferred ) Tj ET Q q 0 0 0 rg BT 174.30 77.25 Td (to ) Tj ET Q q 0 0 0 rg BT 184.48 77.25 Td (the ) Tj ET Q q 0 0 0 rg BT 199.10 77.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 238.16 77.25 Td (based ) Tj ET Q q 0 0 0 rg BT 263.33 77.25 Td (on ) Tj ET Q q 0 0 0 rg BT 275.73 77.25 Td (shipping ) Tj ET Q q 0 0 0 rg BT 312.58 77.25 Td (terms, ) Tj ET Q q 0 0 0 rg BT 339.70 77.25 Td (which ) Tj ET Q q 0 0 0 rg BT 366.54 77.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 406.15 77.25 Td (corresponds ) Tj ET Q q 0 0 0 rg BT 456.87 77.25 Td (to ) Tj ET Q q 0 0 0 rg BT 467.05 77.25 Td (the ) Tj ET Q q 0 0 0 rg BT 481.67 77.25 Td (date ) Tj ET Q q 0 0 0 rg BT 500.73 77.25 Td (when ) Tj ET Q q 0 0 0 rg BT 524.79 77.25 Td (the ) Tj ET Q q 0 0 0 rg BT 539.41 77.25 Td (cars, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 65.25 Td (spare ) Tj ET Q q 0 0 0 rg BT 77.38 65.25 Td (parts ) Tj ET Q q 0 0 0 rg BT 99.10 65.25 Td (and ) Tj ET Q q 0 0 0 rg BT 115.82 65.25 Td (engines ) Tj ET Q q 0 0 0 rg BT 148.65 65.25 Td (are ) Tj ET Q q 0 0 0 rg BT 163.14 65.25 Td (released ) Tj ET Q q 0 0 0 rg BT 198.18 65.25 Td (to ) Tj ET Q q 0 0 0 rg BT 208.24 65.25 Td (the ) Tj ET Q q 0 0 0 rg BT 222.74 65.25 Td (carrier ) Tj ET Q q 0 0 0 rg BT 251.11 65.25 Td (responsible ) Tj ET Q q 0 0 0 rg BT 298.94 65.25 Td (for ) Tj ET Q q 0 0 0 rg BT 312.88 65.25 Td (transportation ) Tj ET Q q 0 0 0 rg BT 370.70 65.25 Td (to ) Tj ET Q q 0 0 0 rg BT 380.77 65.25 Td (dealers ) Tj ET Q q 0 0 0 rg BT 411.36 65.25 Td (or ) Tj ET Q q 0 0 0 rg BT 421.98 65.25 Td (Maserati. ) Tj ET Q q 0 0 0 rg BT 461.74 65.25 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 502.90 65.25 Td (relating ) Tj ET Q q 0 0 0 rg BT 535.73 65.25 Td (to ) Tj ET Q q 0 0 0 rg BT 545.79 65.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 53.25 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 108.06 53.25 Td (program ) Tj ET Q q 0 0 0 rg BT 145.46 53.25 Td (or ) Tj ET Q q 0 0 0 rg BT 157.32 53.25 Td (extended ) Tj ET Q q 0 0 0 rg BT 196.94 53.25 Td (warranty ) Tj ET Q q 0 0 0 rg BT 236.00 53.25 Td (are ) Tj ET Q q 0 0 0 rg BT 251.74 53.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 299.13 53.25 Td (over ) Tj ET Q q 0 0 0 rg BT 320.43 53.25 Td (time ) Tj ET Q q 0 0 0 rg BT 341.73 53.25 Td (as ) Tj ET Q q 0 0 0 rg BT 353.58 53.25 Td (the ) Tj ET Q q 0 0 0 rg BT 369.33 53.25 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 423.38 53.25 Td (program ) Tj ET Q q 0 0 0 rg BT 460.79 53.25 Td (or ) Tj ET Q q 0 0 0 rg BT 472.65 53.25 Td (extended ) Tj ET Q q 0 0 0 rg BT 512.27 53.25 Td (warranty ) Tj ET Q q 0 0 0 rg BT 551.33 53.25 Td (is ) Tj ET Q endstream endobj 83 0 obj <> endobj 84 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 297.65 32.20 Td (F-8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 713.10 Td (provided. ) Tj ET Q q 0 0 0 rg BT 94.62 713.10 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 136.07 713.10 Td (from ) Tj ET Q q 0 0 0 rg BT 158.08 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 172.87 713.10 Td (supply ) Tj ET Q q 0 0 0 rg BT 202.12 713.10 Td (of ) Tj ET Q q 0 0 0 rg BT 213.02 713.10 Td (engines ) Tj ET Q q 0 0 0 rg BT 246.14 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 263.15 713.10 Td (related ) Tj ET Q q 0 0 0 rg BT 292.93 713.10 Td (services ) Tj ET Q q 0 0 0 rg BT 327.71 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 338.06 713.10 Td (other ) Tj ET Q q 0 0 0 rg BT 361.18 713.10 Td (Formula ) Tj ET Q q 0 0 0 rg BT 397.64 713.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 405.21 713.10 Td (racing ) Tj ET Q q 0 0 0 rg BT 432.77 713.10 Td (teams ) Tj ET Q q 0 0 0 rg BT 458.67 713.10 Td (are ) Tj ET Q q 0 0 0 rg BT 473.45 713.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 519.88 713.10 Td (over ) Tj ET Q q 0 0 0 rg BT 540.23 713.10 Td (time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 701.10 Td (on ) Tj ET Q q 0 0 0 rg BT 66.50 701.10 Td (a ) Tj ET Q q 0 0 0 rg BT 73.44 701.10 Td (time ) Tj ET Q q 0 0 0 rg BT 93.71 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 110.65 701.10 Td (materials ) Tj ET Q q 0 0 0 rg BT 149.80 701.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 172.30 701.10 Td (when ) Tj ET Q q 0 0 0 rg BT 196.46 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 211.18 701.10 Td (services ) Tj ET Q q 0 0 0 rg BT 245.88 701.10 Td (are ) Tj ET Q q 0 0 0 rg BT 260.59 701.10 Td (provided.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 677.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 145.57 677.10 Td (has ) Tj ET Q q 0 0 0 rg BT 162.27 677.10 Td (exercised ) Tj ET Q q 0 0 0 rg BT 203.39 677.10 Td (judgment ) Tj ET Q q 0 0 0 rg BT 244.53 677.10 Td (in ) Tj ET Q q 0 0 0 rg BT 255.68 677.10 Td (determining ) Tj ET Q q 0 0 0 rg BT 307.37 677.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 361.26 677.10 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 411.57 677.10 Td (variable ) Tj ET Q q 0 0 0 rg BT 447.14 677.10 Td (consideration, ) Tj ET Q q 0 0 0 rg BT 506.88 677.10 Td (allocation ) Tj ET Q q 0 0 0 rg BT 549.68 677.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 100.37 665.10 Td (price ) Tj ET Q q 0 0 0 rg BT 122.86 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 139.80 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 154.51 665.10 Td (timing ) Tj ET Q q 0 0 0 rg BT 183.13 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 193.96 665.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 228.10 665.10 Td (recognition.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 641.10 Td (Sponsorship, ) Tj ET Q q 0 0 0 rg BT 108.45 641.10 Td (commer) Tj ET Q q 0 0 0 rg BT 140.29 641.10 Td (cial ) Tj ET Q q 0 0 0 rg BT 157.79 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 175.29 641.10 Td (brand ) Tj ET Q q 0 0 0 rg BT 201.68 641.10 Td (activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 617.10 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 130.61 617.10 Td (from ) Tj ET Q q 0 0 0 rg BT 151.78 617.10 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 201.29 617.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 248.55 617.10 Td (are ) Tj ET Q q 0 0 0 rg BT 262.49 617.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 301.43 617.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 347.02 617.10 Td (ratably ) Tj ET Q q 0 0 0 rg BT 376.51 617.10 Td (over ) Tj ET Q q 0 0 0 rg BT 396.01 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 409.96 617.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 443.89 617.10 Td (term ) Tj ET Q q 0 0 0 rg BT 463.95 617.10 Td (as ) Tj ET Q q 0 0 0 rg BT 474.01 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 487.96 617.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 526.35 617.10 Td (benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.10 Td (from ) Tj ET Q q 0 0 0 rg BT 77.51 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 93.80 605.10 Td (service ) Tj ET Q q 0 0 0 rg BT 126.19 605.10 Td (throughout ) Tj ET Q q 0 0 0 rg BT 174.15 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 190.44 605.10 Td (service ) Tj ET Q q 0 0 0 rg BT 222.82 605.10 Td (period. ) Tj ET Q q 0 0 0 rg BT 254.94 605.10 Td (For ) Tj ET Q q 0 0 0 rg BT 272.91 605.10 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 324.76 605.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 374.37 605.10 Td (that ) Tj ET Q q 0 0 0 rg BT 393.43 605.10 Td (contain ) Tj ET Q q 0 0 0 rg BT 426.94 605.10 Td (variable ) Tj ET Q q 0 0 0 rg BT 463.21 605.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 521.16 605.10 Td (based ) Tj ET Q q 0 0 0 rg BT 548.00 605.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 593.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 107.00 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 117.80 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 132.50 593.10 Td (racing ) Tj ET Q q 0 0 0 rg BT 159.96 593.10 Td (team, ) Tj ET Q q 0 0 0 rg BT 184.37 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 199.06 593.10 Td (related ) Tj ET Q q 0 0 0 rg BT 228.74 593.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 266.75 593.10 Td (are ) Tj ET Q q 0 0 0 rg BT 281.43 593.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 322.23 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 339.14 593.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 385.48 593.10 Td (over ) Tj ET Q q 0 0 0 rg BT 405.72 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 420.42 593.10 Td (relevant ) Tj ET Q q 0 0 0 rg BT 455.09 593.10 Td (period ) Tj ET Q q 0 0 0 rg BT 483.12 593.10 Td (to ) Tj ET Q q 0 0 0 rg BT 493.37 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 508.06 593.10 Td (extent ) Tj ET Q q 0 0 0 rg BT 534.97 593.10 Td (that ) Tj ET Q q 0 0 0 rg BT 552.44 593.10 Td (it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 581.10 Td (is ) Tj ET Q q 0 0 0 rg BT 62.38 581.10 Td (highly ) Tj ET Q q 0 0 0 rg BT 89.65 581.10 Td (probable ) Tj ET Q q 0 0 0 rg BT 126.35 581.10 Td (that ) Tj ET Q q 0 0 0 rg BT 143.06 581.10 Td (a ) Tj ET Q q 0 0 0 rg BT 149.21 581.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 193.14 581.10 Td (reversal ) Tj ET Q q 0 0 0 rg BT 226.50 581.10 Td (in ) Tj ET Q q 0 0 0 rg BT 235.99 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 249.92 581.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 281.63 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 291.68 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 305.61 581.10 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 351.75 581.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 385.11 581.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 430.68 581.10 Td (will ) Tj ET Q q 0 0 0 rg BT 447.96 581.10 Td (not ) Tj ET Q q 0 0 0 rg BT 462.45 581.10 Td (occur) Tj ET Q q 0 0 0 rg BT 484.25 581.10 Td (, ) Tj ET Q q 0 0 0 rg BT 488.47 581.10 Td (which ) Tj ET Q q 0 0 0 rg BT 514.62 581.10 Td (is ) Tj ET Q q 0 0 0 rg BT 523.00 581.10 Td (typically ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 569.10 Td (when ) Tj ET Q q 0 0 0 rg BT 78.16 569.10 Td (it ) Tj ET Q q 0 0 0 rg BT 86.22 569.10 Td (is ) Tj ET Q q 0 0 0 rg BT 95.39 569.10 Td (considered ) Tj ET Q q 0 0 0 rg BT 141.20 569.10 Td (highly ) Tj ET Q q 0 0 0 rg BT 169.26 569.10 Td (probable ) Tj ET Q q 0 0 0 rg BT 206.74 569.10 Td (that ) Tj ET Q q 0 0 0 rg BT 224.24 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 238.96 569.10 Td (related ) Tj ET Q q 0 0 0 rg BT 268.66 569.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 312.82 569.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 356.42 569.10 Td (with ) Tj ET Q q 0 0 0 rg BT 376.70 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.41 569.10 Td (variable ) Tj ET Q q 0 0 0 rg BT 426.11 569.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 482.49 569.10 Td (will ) Tj ET Q q 0 0 0 rg BT 500.54 569.10 Td (be ) Tj ET Q q 0 0 0 rg BT 512.48 569.10 Td (achieved.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 545.10 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 132.75 545.10 Td (from ) Tj ET Q q 0 0 0 rg BT 156.06 545.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 207.14 545.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 247.11 545.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 288.20 545.10 Td (relate ) Tj ET Q q 0 0 0 rg BT 314.27 545.10 Td (to ) Tj ET Q q 0 0 0 rg BT 325.93 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 342.02 545.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 381.43 545.10 Td (from ) Tj ET Q q 0 0 0 rg BT 404.74 545.10 Td (participating ) Tj ET Q q 0 0 0 rg BT 459.15 545.10 Td (in ) Tj ET Q q 0 0 0 rg BT 470.81 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 486.90 545.10 Td (Formula ) Tj ET Q q 0 0 0 rg BT 524.66 545.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 533.25 545.10 Td (W) Tj ET Q q 0 0 0 rg BT 541.89 545.10 Td (orld ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 533.10 Td (Championship. ) Tj ET Q q 0 0 0 rg BT 117.38 533.10 Td (The ) Tj ET Q q 0 0 0 rg BT 135.67 533.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 173.95 533.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 222.22 533.10 Td (to ) Tj ET Q q 0 0 0 rg BT 232.74 533.10 Td (each ) Tj ET Q q 0 0 0 rg BT 253.80 533.10 Td (racing ) Tj ET Q q 0 0 0 rg BT 281.53 533.10 Td (team ) Tj ET Q q 0 0 0 rg BT 303.70 533.10 Td (are ) Tj ET Q q 0 0 0 rg BT 318.65 533.10 Td (governed ) Tj ET Q q 0 0 0 rg BT 358.60 533.10 Td (by ) Tj ET Q q 0 0 0 rg BT 371.34 533.10 Td (a ) Tj ET Q q 0 0 0 rg BT 378.52 533.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 412.36 533.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 456.74 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 473.92 533.10 Td (depend ) Tj ET Q q 0 0 0 rg BT 505.54 533.10 Td (upon, ) Tj ET Q q 0 0 0 rg BT 530.78 533.10 Td (among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 521.10 Td (other ) Tj ET Q q 0 0 0 rg BT 77.17 521.10 Td (factors, ) Tj ET Q q 0 0 0 rg BT 109.50 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 124.33 521.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 146.39 521.10 Td (year ) Tj ET Q q 0 0 0 rg BT 166.22 521.10 Td (ranking ) Tj ET Q q 0 0 0 rg BT 199.39 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 210.34 521.10 Td (each ) Tj ET Q q 0 0 0 rg BT 231.28 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 242.23 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 257.07 521.10 Td (racing ) Tj ET Q q 0 0 0 rg BT 284.67 521.10 Td (teams. ) Tj ET Q q 0 0 0 rg BT 313.12 521.10 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 354.62 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 365.57 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 380.41 521.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 430.22 521.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 468.94 521.10 Td (are ) Tj ET Q q 0 0 0 rg BT 483.77 521.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 530.26 521.10 Td (ratably ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 509.10 Td (over ) Tj ET Q q 0 0 0 rg BT 74.27 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 88.99 509.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 123.69 509.10 Td (term.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 485.10 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 131.00 485.10 Td (from ) Tj ET Q q 0 0 0 rg BT 152.56 485.10 Td (brand ) Tj ET Q q 0 0 0 rg BT 177.45 485.10 Td (licensing ) Tj ET Q q 0 0 0 rg BT 215.67 485.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 263.32 485.10 Td (where ) Tj ET Q q 0 0 0 rg BT 289.87 485.10 Td (the ) Tj ET Q q 0 0 0 rg BT 304.21 485.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 342.99 485.10 Td (has ) Tj ET Q q 0 0 0 rg BT 358.44 485.10 Td (a ) Tj ET Q q 0 0 0 rg BT 365.00 485.10 Td (right ) Tj ET Q q 0 0 0 rg BT 386.00 485.10 Td (to ) Tj ET Q q 0 0 0 rg BT 395.90 485.10 Td (access ) Tj ET Q q 0 0 0 rg BT 423.56 485.10 Td (the ) Tj ET Q q 0 0 0 rg BT 437.90 485.10 Td (Group) Tj ET Q q 0 0 0 rg BT 466.23 485.10 Td (s ) Tj ET Q q 0 0 0 rg BT 472.24 485.10 Td (brands ) Tj ET Q q 0 0 0 rg BT 501.02 485.10 Td (or ) Tj ET Q q 0 0 0 rg BT 511.47 485.10 Td (the ) Tj ET Q q 0 0 0 rg BT 525.81 485.10 Td (contract ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 473.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 90.14 473.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 131.84 473.10 Td (guaranteed ) Tj ET Q q 0 0 0 rg BT 178.52 473.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 219.66 473.10 Td (are ) Tj ET Q q 0 0 0 rg BT 234.68 473.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 281.36 473.10 Td (on ) Tj ET Q q 0 0 0 rg BT 294.17 473.10 Td (a ) Tj ET Q q 0 0 0 rg BT 301.42 473.10 Td (straight-line ) Tj ET Q q 0 0 0 rg BT 352.56 473.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 375.37 473.10 Td (over ) Tj ET Q q 0 0 0 rg BT 395.95 473.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.99 473.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 446.00 473.10 Td (term. ) Tj ET Q q 0 0 0 rg BT 469.64 473.10 Td (Licensing ) Tj ET Q q 0 0 0 rg BT 511.89 473.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 550.24 473.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 461.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 83.12 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 94.47 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 109.71 461.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 151.63 461.10 Td (guaranteed ) Tj ET Q q 0 0 0 rg BT 198.51 461.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 239.86 461.10 Td (are ) Tj ET Q q 0 0 0 rg BT 255.09 461.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 301.97 461.10 Td (when ) Tj ET Q q 0 0 0 rg BT 326.66 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 341.90 461.10 Td (related ) Tj ET Q q 0 0 0 rg BT 372.12 461.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 416.81 461.10 Td (are ) Tj ET Q q 0 0 0 rg BT 432.04 461.10 Td (satisfied. ) Tj ET Q q 0 0 0 rg BT 470.88 461.10 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 512.78 461.10 Td (from ) Tj ET Q q 0 0 0 rg BT 535.25 461.10 Td (sales-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 449.10 Td (based ) Tj ET Q q 0 0 0 rg BT 79.27 449.10 Td (licensing ) Tj ET Q q 0 0 0 rg BT 117.87 449.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 165.90 449.10 Td (are ) Tj ET Q q 0 0 0 rg BT 180.61 449.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 226.97 449.10 Td (when ) Tj ET Q q 0 0 0 rg BT 251.13 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 265.85 449.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 287.79 449.10 Td (occur) Tj ET Q q 0 0 0 rg BT 309.44 449.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 425.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 144.70 425.10 Td (has ) Tj ET Q q 0 0 0 rg BT 160.53 425.10 Td (exercised ) Tj ET Q q 0 0 0 rg BT 200.79 425.10 Td (judgment ) Tj ET Q q 0 0 0 rg BT 241.06 425.10 Td (in ) Tj ET Q q 0 0 0 rg BT 251.34 425.10 Td (determining ) Tj ET Q q 0 0 0 rg BT 302.16 425.10 Td (variable ) Tj ET Q q 0 0 0 rg BT 336.86 425.10 Td (consideration.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 401.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 79.83 401.10 Td (r) Tj ET Q q 0 0 0 rg BT 83.35 401.10 Td (evenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 377.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 121.77 377.10 Td (income ) Tj ET Q q 0 0 0 rg BT 153.00 377.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 193.65 377.10 Td (by ) Tj ET Q q 0 0 0 rg BT 205.44 377.10 Td (our ) Tj ET Q q 0 0 0 rg BT 220.56 377.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 257.33 377.10 Td (service ) Tj ET Q q 0 0 0 rg BT 287.43 377.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 325.32 377.10 Td (from ) Tj ET Q q 0 0 0 rg BT 346.55 377.10 Td (the ) Tj ET Q q 0 0 0 rg BT 360.56 377.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 400.12 377.10 Td (of ) Tj ET Q q 0 0 0 rg BT 410.24 377.10 Td (client ) Tj ET Q q 0 0 0 rg BT 434.25 377.10 Td (and ) Tj ET Q q 0 0 0 rg BT 450.47 377.10 Td (dealer ) Tj ET Q q 0 0 0 rg BT 476.69 377.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 516.24 377.10 Td (is ) Tj ET Q q 0 0 0 rg BT 524.70 377.10 Td (reported ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 365.10 Td (within ) Tj ET Q q 0 0 0 rg BT 82.06 365.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 120.09 365.10 Td (using ) Tj ET Q q 0 0 0 rg BT 144.26 365.10 Td (the ) Tj ET Q q 0 0 0 rg BT 158.98 365.10 Td (ef) Tj ET Q q 0 0 0 rg BT 166.57 365.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 196.27 365.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 228.20 365.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 245.69 365.10 Td (method ) Tj ET Q q 0 0 0 rg BT 278.18 365.10 Td (and ) Tj ET Q q 0 0 0 rg BT 295.12 365.10 Td (not ) Tj ET Q q 0 0 0 rg BT 310.40 365.10 Td (within ) Tj ET Q q 0 0 0 rg BT 338.46 365.10 Td (net ) Tj ET Q q 0 0 0 rg BT 353.17 365.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 390.66 365.10 Td (income/expenses.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 341.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 79.29 341.10 Td (9 ) Tj ET Q q 0 0 0 rg BT 86.79 341.10 Td (- ) Tj ET Q q 0 0 0 rg BT 92.62 341.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 135.69 341.10 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 317.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 317.10 Td (The Group adopted ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 170.25 317.10 Td (IFRS 9 - Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.23 317.10 Td (, which includes a logical approach for:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 293.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 293.10 Td (the ) Tj ET Q q 0 0 0 rg BT 104.28 293.10 Td (classification ) Tj ET Q q 0 0 0 rg BT 159.10 293.10 Td (and ) Tj ET Q q 0 0 0 rg BT 175.60 293.10 Td (measurement ) Tj ET Q q 0 0 0 rg BT 230.97 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 241.36 293.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 278.41 293.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 327.13 293.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 354.74 293.10 Td (by ) Tj ET Q q 0 0 0 rg BT 366.81 293.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 386.64 293.10 Td (flow ) Tj ET Q q 0 0 0 rg BT 407.03 293.10 Td (characteristics ) Tj ET Q q 0 0 0 rg BT 466.28 293.10 Td (and ) Tj ET Q q 0 0 0 rg BT 482.78 293.10 Td (the ) Tj ET Q q 0 0 0 rg BT 497.06 293.10 Td (business ) Tj ET Q q 0 0 0 rg BT 533.01 293.10 Td (model ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 281.10 Td (in ) Tj ET Q q 0 0 0 rg BT 100.28 281.10 Td (which ) Tj ET Q q 0 0 0 rg BT 127.22 281.10 Td (an ) Tj ET Q q 0 0 0 rg BT 139.16 281.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 161.09 281.10 Td (is ) Tj ET Q q 0 0 0 rg BT 170.26 281.10 Td (held;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 269.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 269.10 Td (a single expected loss impairment model for financial assets, and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 257.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 257.10 Td (a substantially reformed approach for hedge accounting. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 233.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.39 233.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 134.79 233.10 Td (analyzed ) Tj ET Q q 0 0 0 rg BT 172.17 233.10 Td (each ) Tj ET Q q 0 0 0 rg BT 192.33 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 202.51 233.10 Td (its ) Tj ET Q q 0 0 0 rg BT 213.81 233.10 Td (classes ) Tj ET Q q 0 0 0 rg BT 243.42 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 253.60 233.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 290.43 233.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 318.11 233.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 354.93 233.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 394.00 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 410.28 233.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 452.11 233.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 500.62 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 516.91 233.10 Td (concluded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 221.10 Td (that ) Tj ET Q q 0 0 0 rg BT 71.90 221.10 Td (its ) Tj ET Q q 0 0 0 rg BT 84.26 221.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 131.04 221.10 Td (for ) Tj ET Q q 0 0 0 rg BT 145.61 221.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 183.49 221.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 233.07 221.10 Td (under ) Tj ET Q q 0 0 0 rg BT 258.74 221.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 282.77 221.10 Td (9 ) Tj ET Q q 0 0 0 rg BT 290.68 221.10 Td (does ) Tj ET Q q 0 0 0 rg BT 311.92 221.10 Td (not ) Tj ET Q q 0 0 0 rg BT 327.61 221.10 Td (result ) Tj ET Q q 0 0 0 rg BT 352.73 221.10 Td (in ) Tj ET Q q 0 0 0 rg BT 363.42 221.10 Td (material ) Tj ET Q q 0 0 0 rg BT 399.08 221.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 434.20 221.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 476.53 221.10 Td (to ) Tj ET Q q 0 0 0 rg BT 487.22 221.10 Td (its ) Tj ET Q q 0 0 0 rg BT 499.57 221.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 546.35 221.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 209.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 90.99 209.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 139.66 209.10 Td (under ) Tj ET Q q 0 0 0 rg BT 164.44 209.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 182.56 209.10 Td (39, ) Tj ET Q q 0 0 0 rg BT 197.07 209.10 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 237.66 209.10 Td (there ) Tj ET Q q 0 0 0 rg BT 259.65 209.10 Td (was ) Tj ET Q q 0 0 0 rg BT 277.21 209.10 Td (no ) Tj ET Q q 0 0 0 rg BT 289.22 209.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 318.44 209.10 Td (on ) Tj ET Q q 0 0 0 rg BT 330.45 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 344.68 209.10 Td (Group) Tj ET Q q 0 0 0 rg BT 373.01 209.10 Td (s ) Tj ET Q q 0 0 0 rg BT 378.91 209.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 431.46 209.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 468.45 209.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 512.67 209.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 534.67 209.10 Td (initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 197.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 92.19 197.10 Td (of ) Tj ET Q q 0 0 0 rg BT 103.72 197.10 Td (the ) Tj ET Q q 0 0 0 rg BT 119.14 197.10 Td (standard ) Tj ET Q q 0 0 0 rg BT 156.21 197.10 Td (and ) Tj ET Q q 0 0 0 rg BT 173.85 197.10 Td (related ) Tj ET Q q 0 0 0 rg BT 204.25 197.10 Td (amendments. ) Tj ET Q q 0 0 0 rg BT 260.26 197.10 Td (The ) Tj ET Q q 0 0 0 rg BT 279.00 197.10 Td (Group) Tj ET Q q 0 0 0 rg BT 307.33 197.10 Td (s ) Tj ET Q q 0 0 0 rg BT 314.42 197.10 Td (updated ) Tj ET Q q 0 0 0 rg BT 349.28 197.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 387.46 197.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 437.32 197.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 484.39 197.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 512.58 197.10 Td (is ) Tj ET Q q 0 0 0 rg BT 522.45 197.10 Td (provided ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 185.10 Td (below) Tj ET Q q 0 0 0 rg BT 77.79 185.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 161.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 90.00 161.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 133.07 161.10 Td (instruments) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 137.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 63.63 137.10 Td (esentation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 113.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 113.10 Td (Current ) Tj ET Q q 0 0 0 rg BT 121.99 113.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 158.42 113.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 183.20 113.10 Td (include ) Tj ET Q q 0 0 0 rg BT 214.08 113.10 Td (trade ) Tj ET Q q 0 0 0 rg BT 235.51 113.10 Td (receivables, ) Tj ET Q q 0 0 0 rg BT 284.43 113.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 330.85 113.10 Td (from ) Tj ET Q q 0 0 0 rg BT 351.73 113.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 390.94 113.10 Td (activities, ) Tj ET Q q 0 0 0 rg BT 430.99 113.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 472.41 113.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 508.84 113.10 Td (instruments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 101.10 Td (other ) Tj ET Q q 0 0 0 rg BT 77.05 101.10 Td (current ) Tj ET Q q 0 0 0 rg BT 107.86 101.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 145.34 101.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 171.17 101.10 Td (and ) Tj ET Q q 0 0 0 rg BT 188.11 101.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 208.38 101.10 Td (and ) Tj ET Q q 0 0 0 rg BT 225.32 101.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 245.59 101.10 Td (equivalents.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 77.10 Td (Investments ) Tj ET Q q 0 0 0 rg BT 141.68 77.10 Td (and ) Tj ET Q q 0 0 0 rg BT 159.48 77.10 Td (other ) Tj ET Q q 0 0 0 rg BT 183.38 77.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 221.71 77.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 248.40 77.10 Td (include ) Tj ET Q q 0 0 0 rg BT 281.19 77.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 332.32 77.10 Td (accounted ) Tj ET Q q 0 0 0 rg BT 376.21 77.10 Td (for ) Tj ET Q q 0 0 0 rg BT 391.22 77.10 Td (using ) Tj ET Q q 0 0 0 rg BT 416.25 77.10 Td (the ) Tj ET Q q 0 0 0 rg BT 431.82 77.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 460.17 77.10 Td (method ) Tj ET Q q 0 0 0 rg BT 493.52 77.10 Td (as ) Tj ET Q q 0 0 0 rg BT 505.21 77.10 Td (well ) Tj ET Q q 0 0 0 rg BT 525.78 77.10 Td (as ) Tj ET Q q 0 0 0 rg BT 537.47 77.10 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 65.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 94.26 65.10 Td (and ) Tj ET Q q 0 0 0 rg BT 111.20 65.10 Td (non-current ) Tj ET Q q 0 0 0 rg BT 160.35 65.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 197.83 65.10 Td (assets.) Tj ET Q endstream endobj 85 0 obj <> endobj 86 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 297.65 32.20 Td (F-9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 713.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 129.97 713.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 169.95 713.10 Td (include ) Tj ET Q q 0 0 0 rg BT 202.15 713.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 222.12 713.10 Td (\(which ) Tj ET Q q 0 0 0 rg BT 252.65 713.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 292.63 713.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 328.71 713.10 Td (bonds, ) Tj ET Q q 0 0 0 rg BT 357.87 713.10 Td (securitizations ) Tj ET Q q 0 0 0 rg BT 418.39 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 435.59 713.10 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 483.90 713.10 Td (from ) Tj ET Q q 0 0 0 rg BT 506.10 713.10 Td (banks\), ) Tj ET Q q 0 0 0 rg BT 538.02 713.10 Td (trade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 701.10 Td (payables ) Tj ET Q q 0 0 0 rg BT 91.49 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 108.42 701.10 Td (other ) Tj ET Q q 0 0 0 rg BT 131.47 701.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 168.95 701.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 211.17 701.10 Td (which ) Tj ET Q q 0 0 0 rg BT 238.11 701.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 268.38 701.10 Td (include ) Tj ET Q q 0 0 0 rg BT 300.31 701.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 342.79 701.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 380.27 701.10 Td (instruments.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 677.10 Td (Measur) Tj ET Q q 0 0 0 rg BT 84.18 677.10 Td (ement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 653.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 129.79 653.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 158.20 653.10 Td (other ) Tj ET Q q 0 0 0 rg BT 181.33 653.10 Td (than ) Tj ET Q q 0 0 0 rg BT 201.12 653.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 251.48 653.10 Td (accounted ) Tj ET Q q 0 0 0 rg BT 294.59 653.10 Td (for ) Tj ET Q q 0 0 0 rg BT 308.83 653.10 Td (using ) Tj ET Q q 0 0 0 rg BT 333.08 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 347.87 653.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 375.45 653.10 Td (method, ) Tj ET Q q 0 0 0 rg BT 410.52 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 427.54 653.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 465.10 653.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 504.90 653.10 Td (are ) Tj ET Q q 0 0 0 rg BT 519.69 653.10 Td (measured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 641.10 Td (in ) Tj ET Q q 0 0 0 rg BT 64.28 641.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 111.74 641.10 Td (with ) Tj ET Q q 0 0 0 rg BT 132.02 641.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 155.64 641.10 Td (9.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 617.10 Td (Except ) Tj ET Q q 0 0 0 rg BT 119.53 617.10 Td (for ) Tj ET Q q 0 0 0 rg BT 132.96 617.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 182.51 617.10 Td (accounted ) Tj ET Q q 0 0 0 rg BT 224.81 617.10 Td (for ) Tj ET Q q 0 0 0 rg BT 238.24 617.10 Td (using ) Tj ET Q q 0 0 0 rg BT 261.68 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 275.67 617.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 302.43 617.10 Td (method, ) Tj ET Q q 0 0 0 rg BT 336.70 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 350.68 617.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 378.01 617.10 Td (initially ) Tj ET Q q 0 0 0 rg BT 410.88 617.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 449.86 617.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 486.61 617.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 511.71 617.10 Td (at ) Tj ET Q q 0 0 0 rg BT 520.70 617.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 536.35 617.10 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.10 Td (plus, ) Tj ET Q q 0 0 0 rg BT 75.67 605.10 Td (in ) Tj ET Q q 0 0 0 rg BT 85.95 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.67 605.10 Td (case ) Tj ET Q q 0 0 0 rg BT 120.37 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 131.20 605.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 168.68 605.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 194.51 605.10 Td (not ) Tj ET Q q 0 0 0 rg BT 209.79 605.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 250.61 605.10 Td (at ) Tj ET Q q 0 0 0 rg BT 260.32 605.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 276.70 605.10 Td (value ) Tj ET Q q 0 0 0 rg BT 300.86 605.10 Td (through ) Tj ET Q q 0 0 0 rg BT 334.46 605.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 359.18 605.10 Td (or ) Tj ET Q q 0 0 0 rg BT 370.01 605.10 Td (loss, ) Tj ET Q q 0 0 0 rg BT 390.57 605.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 436.94 605.10 Td (costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 581.10 Td (Equity ) Tj ET Q q 0 0 0 rg BT 119.34 581.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 168.68 581.10 Td (held ) Tj ET Q q 0 0 0 rg BT 188.57 581.10 Td (by ) Tj ET Q q 0 0 0 rg BT 201.25 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 216.14 581.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 244.37 581.10 Td (are ) Tj ET Q q 0 0 0 rg BT 259.25 581.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 305.79 581.10 Td (at ) Tj ET Q q 0 0 0 rg BT 315.68 581.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 332.24 581.10 Td (value ) Tj ET Q q 0 0 0 rg BT 356.57 581.10 Td (through ) Tj ET Q q 0 0 0 rg BT 390.35 581.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 415.24 581.10 Td (or ) Tj ET Q q 0 0 0 rg BT 426.25 581.10 Td (loss. ) Tj ET Q q 0 0 0 rg BT 446.79 581.10 Td (When ) Tj ET Q q 0 0 0 rg BT 473.35 581.10 Td (market ) Tj ET Q q 0 0 0 rg BT 503.79 581.10 Td (prices ) Tj ET Q q 0 0 0 rg BT 530.34 581.10 Td (are ) Tj ET Q q 0 0 0 rg BT 545.22 581.10 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 569.10 Td (directly ) Tj ET Q q 0 0 0 rg BT 87.22 569.10 Td (available, ) Tj ET Q q 0 0 0 rg BT 128.48 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 143.37 569.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 159.92 569.10 Td (value ) Tj ET Q q 0 0 0 rg BT 184.25 569.10 Td (is ) Tj ET Q q 0 0 0 rg BT 193.60 569.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 234.59 569.10 Td (using ) Tj ET Q q 0 0 0 rg BT 258.93 569.10 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 307.14 569.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 347.03 569.10 Td (techniques ) Tj ET Q q 0 0 0 rg BT 392.47 569.10 Td (\(e.g. ) Tj ET Q q 0 0 0 rg BT 412.91 569.10 Td (discounted ) Tj ET Q q 0 0 0 rg BT 458.91 569.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 479.35 569.10 Td (flow ) Tj ET Q q 0 0 0 rg BT 500.36 569.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 535.25 569.10 Td (based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 557.10 Td (on ) Tj ET Q q 0 0 0 rg BT 66.50 557.10 Td (market ) Tj ET Q q 0 0 0 rg BT 96.76 557.10 Td (information ) Tj ET Q q 0 0 0 rg BT 146.48 557.10 Td (available ) Tj ET Q q 0 0 0 rg BT 185.06 557.10 Td (at ) Tj ET Q q 0 0 0 rg BT 194.78 557.10 Td (the ) Tj ET Q q 0 0 0 rg BT 209.50 557.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 242.53 557.10 Td (sheet ) Tj ET Q q 0 0 0 rg BT 265.58 557.10 Td (date\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 533.10 Td (T) Tj ET Q q 0 0 0 rg BT 95.76 533.10 Td (rade ) Tj ET Q q 0 0 0 rg BT 115.51 533.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 163.03 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 180.02 533.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 227.54 533.10 Td (from ) Tj ET Q q 0 0 0 rg BT 249.52 533.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 289.83 533.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 328.48 533.10 Td (are ) Tj ET Q q 0 0 0 rg BT 343.23 533.10 Td (originated ) Tj ET Q q 0 0 0 rg BT 386.32 533.10 Td (in ) Tj ET Q q 0 0 0 rg BT 396.65 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 411.42 533.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 447.84 533.10 Td (course ) Tj ET Q q 0 0 0 rg BT 476.49 533.10 Td (of ) Tj ET Q q 0 0 0 rg BT 487.36 533.10 Td (business ) Tj ET Q q 0 0 0 rg BT 523.80 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 540.79 533.10 Td (held ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 521.10 Td (within ) Tj ET Q q 0 0 0 rg BT 81.66 521.10 Td (a ) Tj ET Q q 0 0 0 rg BT 88.20 521.10 Td (business ) Tj ET Q q 0 0 0 rg BT 124.20 521.10 Td (model ) Tj ET Q q 0 0 0 rg BT 151.30 521.10 Td (with ) Tj ET Q q 0 0 0 rg BT 171.18 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.50 521.10 Td (objective ) Tj ET Q q 0 0 0 rg BT 224.25 521.10 Td (to ) Tj ET Q q 0 0 0 rg BT 234.13 521.10 Td (hold ) Tj ET Q q 0 0 0 rg BT 254.02 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 268.34 521.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 315.41 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 325.29 521.10 Td (order ) Tj ET Q q 0 0 0 rg BT 348.49 521.10 Td (to ) Tj ET Q q 0 0 0 rg BT 358.38 521.10 Td (collect ) Tj ET Q q 0 0 0 rg BT 387.13 521.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 433.65 521.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 453.52 521.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 477.85 521.10 Td (that ) Tj ET Q q 0 0 0 rg BT 494.95 521.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 516.49 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 530.81 521.10 Td (solely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 509.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 95.34 509.10 Td (of ) Tj ET Q q 0 0 0 rg BT 106.69 509.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 145.24 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 162.70 509.10 Td (interest) Tj ET Q q 0 0 0 rg BT 194.72 509.10 Td ( ) Tj ET Q q 0 0 0 rg BT 197.73 509.10 Td (criterion ) Tj ET Q q 0 0 0 rg BT 234.62 509.10 Td (under ) Tj ET Q q 0 0 0 rg BT 260.40 509.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 284.54 509.10 Td (9, ) Tj ET Q q 0 0 0 rg BT 295.06 509.10 Td (therefore ) Tj ET Q q 0 0 0 rg BT 334.16 509.10 Td (they ) Tj ET Q q 0 0 0 rg BT 354.39 509.10 Td (are ) Tj ET Q q 0 0 0 rg BT 369.61 509.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 410.94 509.10 Td (at ) Tj ET Q q 0 0 0 rg BT 421.17 509.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 464.17 509.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 483.29 509.10 Td (using ) Tj ET Q q 0 0 0 rg BT 507.98 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 523.21 509.10 Td (ef) Tj ET Q q 0 0 0 rg BT 530.80 509.10 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 497.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 86.00 497.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 103.55 497.10 Td (method. ) Tj ET Q q 0 0 0 rg BT 138.62 497.10 Td (Receivables ) Tj ET Q q 0 0 0 rg BT 189.49 497.10 Td (with ) Tj ET Q q 0 0 0 rg BT 209.84 497.10 Td (maturities ) Tj ET Q q 0 0 0 rg BT 252.40 497.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 282.72 497.10 Td (than ) Tj ET Q q 0 0 0 rg BT 302.50 497.10 Td (one ) Tj ET Q q 0 0 0 rg BT 319.51 497.10 Td (year ) Tj ET Q q 0 0 0 rg BT 339.28 497.10 Td (are ) Tj ET Q q 0 0 0 rg BT 354.06 497.10 Td (discounted ) Tj ET Q q 0 0 0 rg BT 399.95 497.10 Td (to ) Tj ET Q q 0 0 0 rg BT 410.30 497.10 Td (present ) Tj ET Q q 0 0 0 rg BT 441.74 497.10 Td (value. ) Tj ET Q q 0 0 0 rg BT 467.90 497.10 Td (Assessments ) Tj ET Q q 0 0 0 rg BT 521.58 497.10 Td (are ) Tj ET Q q 0 0 0 rg BT 536.35 497.10 Td (made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 485.10 Td (regularly ) Tj ET Q q 0 0 0 rg BT 92.21 485.10 Td (as ) Tj ET Q q 0 0 0 rg BT 102.66 485.10 Td (to ) Tj ET Q q 0 0 0 rg BT 112.56 485.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 146.88 485.10 Td (there ) Tj ET Q q 0 0 0 rg BT 168.99 485.10 Td (is ) Tj ET Q q 0 0 0 rg BT 177.77 485.10 Td (any ) Tj ET Q q 0 0 0 rg BT 194.33 485.10 Td (objective ) Tj ET Q q 0 0 0 rg BT 233.10 485.10 Td (evidence ) Tj ET Q q 0 0 0 rg BT 270.75 485.10 Td (that ) Tj ET Q q 0 0 0 rg BT 287.86 485.10 Td (a ) Tj ET Q q 0 0 0 rg BT 294.42 485.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 331.52 485.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 353.07 485.10 Td (or ) Tj ET Q q 0 0 0 rg BT 363.52 485.10 Td (group ) Tj ET Q q 0 0 0 rg BT 388.97 485.10 Td (of ) Tj ET Q q 0 0 0 rg BT 399.42 485.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 436.52 485.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 461.97 485.10 Td (may ) Tj ET Q q 0 0 0 rg BT 481.30 485.10 Td (be ) Tj ET Q q 0 0 0 rg BT 492.86 485.10 Td (impaired. ) Tj ET Q q 0 0 0 rg BT 533.02 485.10 Td (Under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 473.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 78.64 473.10 Td (9, ) Tj ET Q q 0 0 0 rg BT 89.66 473.10 Td (a ) Tj ET Q q 0 0 0 rg BT 97.62 473.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 166.68 473.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 205.73 473.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 232.02 473.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 251.10 473.10 Td (model ) Tj ET Q q 0 0 0 rg BT 279.62 473.10 Td (must ) Tj ET Q q 0 0 0 rg BT 302.58 473.10 Td (be ) Tj ET Q q 0 0 0 rg BT 315.54 473.10 Td (applied ) Tj ET Q q 0 0 0 rg BT 348.50 473.10 Td (when ) Tj ET Q q 0 0 0 rg BT 373.68 473.10 Td (assessing ) Tj ET Q q 0 0 0 rg BT 414.42 473.10 Td (impairment. ) Tj ET Q q 0 0 0 rg BT 466.54 473.10 Td (In ) Tj ET Q q 0 0 0 rg BT 478.39 473.10 Td (making ) Tj ET Q q 0 0 0 rg BT 511.91 473.10 Td (impairment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 461.10 Td (assessments, ) Tj ET Q q 0 0 0 rg BT 107.64 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.67 461.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 151.03 461.10 Td (applies ) Tj ET Q q 0 0 0 rg BT 182.17 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 197.20 461.10 Td (standard ) Tj ET Q q 0 0 0 rg BT 233.89 461.10 Td (simplified ) Tj ET Q q 0 0 0 rg BT 277.25 461.10 Td (approach ) Tj ET Q q 0 0 0 rg BT 316.71 461.10 Td (to ) Tj ET Q q 0 0 0 rg BT 327.30 461.10 Td (estimate ) Tj ET Q q 0 0 0 rg BT 363.43 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.46 461.10 Td (lifetime ) Tj ET Q q 0 0 0 rg BT 412.37 461.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 450.71 461.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 476.29 461.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 502.99 461.10 Td (and ) Tj ET Q q 0 0 0 rg BT 520.24 461.10 Td (considers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 449.10 Td (its ) Tj ET Q q 0 0 0 rg BT 66.23 449.10 Td (historical ) Tj ET Q q 0 0 0 rg BT 106.22 449.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 131.76 449.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 150.10 449.10 Td (experience, ) Tj ET Q q 0 0 0 rg BT 198.68 449.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 234.78 449.10 Td (for ) Tj ET Q q 0 0 0 rg BT 249.22 449.10 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 317.54 449.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 347.52 449.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 381.39 449.10 Td (to ) Tj ET Q q 0 0 0 rg BT 391.95 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 406.94 449.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 434.71 449.10 Td (of ) Tj ET Q q 0 0 0 rg BT 445.82 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 460.81 449.10 Td (Group) Tj ET Q q 0 0 0 rg BT 489.14 449.10 Td (s ) Tj ET Q q 0 0 0 rg BT 495.81 449.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 543.56 449.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 437.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 95.37 437.10 Td (environment. ) Tj ET Q q 0 0 0 rg BT 150.91 437.10 Td (If ) Tj ET Q q 0 0 0 rg BT 160.07 437.10 Td (any ) Tj ET Q q 0 0 0 rg BT 177.01 437.10 Td (such ) Tj ET Q q 0 0 0 rg BT 197.84 437.10 Td (evidence ) Tj ET Q q 0 0 0 rg BT 235.88 437.10 Td (exists, ) Tj ET Q q 0 0 0 rg BT 263.65 437.10 Td (an ) Tj ET Q q 0 0 0 rg BT 275.59 437.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 324.19 437.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 342.25 437.10 Td (is ) Tj ET Q q 0 0 0 rg BT 351.42 437.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 397.78 437.10 Td (within ) Tj ET Q q 0 0 0 rg BT 425.84 437.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 463.32 437.10 Td (expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 413.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 130.01 413.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 172.53 413.10 Td (with ) Tj ET Q q 0 0 0 rg BT 193.12 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.13 413.10 Td (exception ) Tj ET Q q 0 0 0 rg BT 249.81 413.10 Td (of ) Tj ET Q q 0 0 0 rg BT 260.94 413.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 303.73 413.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 341.51 413.10 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 393.48 413.10 Td (are ) Tj ET Q q 0 0 0 rg BT 408.49 413.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 449.60 413.10 Td (at ) Tj ET Q q 0 0 0 rg BT 459.62 413.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 502.41 413.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 521.32 413.10 Td (using ) Tj ET Q q 0 0 0 rg BT 545.79 413.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 401.10 Td (ef) Tj ET Q q 0 0 0 rg BT 61.59 401.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 91.29 401.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 123.22 401.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 140.71 401.10 Td (method.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 377.10 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 98.70 377.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 136.75 377.10 Td (instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 353.10 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 136.06 353.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 174.90 353.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 225.42 353.10 Td (are ) Tj ET Q q 0 0 0 rg BT 241.49 353.10 Td (used ) Tj ET Q q 0 0 0 rg BT 263.67 353.10 Td (for ) Tj ET Q q 0 0 0 rg BT 279.19 353.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 321.92 353.10 Td (hedging ) Tj ET Q q 0 0 0 rg BT 358.00 353.10 Td (purposes ) Tj ET Q q 0 0 0 rg BT 397.41 353.10 Td (only ) Tj ET Q q 0 0 0 rg BT 419.04 353.10 Td (in ) Tj ET Q q 0 0 0 rg BT 430.68 353.10 Td (order ) Tj ET Q q 0 0 0 rg BT 455.64 353.10 Td (to ) Tj ET Q q 0 0 0 rg BT 467.27 353.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 497.78 353.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 536.61 353.10 Td (risks. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 341.10 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 98.01 341.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 134.79 341.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 183.26 341.10 Td (qualify ) Tj ET Q q 0 0 0 rg BT 213.40 341.10 Td (for ) Tj ET Q q 0 0 0 rg BT 226.86 341.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 252.54 341.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 298.22 341.10 Td (only ) Tj ET Q q 0 0 0 rg BT 317.81 341.10 Td (when ) Tj ET Q q 0 0 0 rg BT 341.27 341.10 Td (at ) Tj ET Q q 0 0 0 rg BT 350.29 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 364.32 341.10 Td (inception ) Tj ET Q q 0 0 0 rg BT 403.33 341.10 Td (of ) Tj ET Q q 0 0 0 rg BT 413.47 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 427.49 341.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 453.17 341.10 Td (there ) Tj ET Q q 0 0 0 rg BT 474.97 341.10 Td (is ) Tj ET Q q 0 0 0 rg BT 483.44 341.10 Td (formal ) Tj ET Q q 0 0 0 rg BT 511.90 341.10 Td (designation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 329.10 Td (and ) Tj ET Q q 0 0 0 rg BT 71.44 329.10 Td (documentation ) Tj ET Q q 0 0 0 rg BT 133.87 329.10 Td (of ) Tj ET Q q 0 0 0 rg BT 145.20 329.10 Td (the ) Tj ET Q q 0 0 0 rg BT 160.41 329.10 Td (hedging ) Tj ET Q q 0 0 0 rg BT 195.63 329.10 Td (relationship, ) Tj ET Q q 0 0 0 rg BT 248.34 329.10 Td (the ) Tj ET Q q 0 0 0 rg BT 263.56 329.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 290.43 329.10 Td (is ) Tj ET Q q 0 0 0 rg BT 300.10 329.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 338.63 329.10 Td (to ) Tj ET Q q 0 0 0 rg BT 349.41 329.10 Td (be ) Tj ET Q q 0 0 0 rg BT 361.85 329.10 Td (highly ) Tj ET Q q 0 0 0 rg BT 390.41 329.10 Td (ef) Tj ET Q q 0 0 0 rg BT 397.99 329.10 Td (fective, ) Tj ET Q q 0 0 0 rg BT 430.70 329.10 Td (its ) Tj ET Q q 0 0 0 rg BT 443.14 329.10 Td (ef) Tj ET Q q 0 0 0 rg BT 450.73 329.10 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 498.15 329.10 Td (can ) Tj ET Q q 0 0 0 rg BT 515.03 329.10 Td (be ) Tj ET Q q 0 0 0 rg BT 527.47 329.10 Td (reliably ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 317.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 94.82 317.10 Td (and ) Tj ET Q q 0 0 0 rg BT 111.75 317.10 Td (it ) Tj ET Q q 0 0 0 rg BT 119.81 317.10 Td (is ) Tj ET Q q 0 0 0 rg BT 128.98 317.10 Td (highly ) Tj ET Q q 0 0 0 rg BT 157.04 317.10 Td (ef) Tj ET Q q 0 0 0 rg BT 164.63 317.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 194.33 317.10 Td (throughout ) Tj ET Q q 0 0 0 rg BT 240.71 317.10 Td (the ) Tj ET Q q 0 0 0 rg BT 255.43 317.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 292.91 317.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 332.07 317.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 364.00 317.10 Td (for ) Tj ET Q q 0 0 0 rg BT 378.17 317.10 Td (which ) Tj ET Q q 0 0 0 rg BT 405.10 317.10 Td (it ) Tj ET Q q 0 0 0 rg BT 413.16 317.10 Td (is ) Tj ET Q q 0 0 0 rg BT 422.33 317.10 Td (designated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 293.10 Td (All ) Tj ET Q q 0 0 0 rg BT 105.28 293.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 147.76 293.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 185.24 293.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 234.40 293.10 Td (are ) Tj ET Q q 0 0 0 rg BT 249.11 293.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 289.93 293.10 Td (at ) Tj ET Q q 0 0 0 rg BT 299.64 293.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 316.02 293.10 Td (value.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 269.10 Td (When ) Tj ET Q q 0 0 0 rg BT 116.38 269.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 158.86 269.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 196.34 269.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 245.50 269.10 Td (qualify ) Tj ET Q q 0 0 0 rg BT 276.33 269.10 Td (for ) Tj ET Q q 0 0 0 rg BT 290.49 269.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 316.87 269.10 Td (accounting, ) Tj ET Q q 0 0 0 rg BT 365.74 269.10 Td (the ) Tj ET Q q 0 0 0 rg BT 380.45 269.10 Td (following ) Tj ET Q q 0 0 0 rg BT 421.84 269.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 468.21 269.10 Td (treatments ) Tj ET Q q 0 0 0 rg BT 512.36 269.10 Td (apply:) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 90.00 245.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 113.25 245.10 Td (flow ) Tj ET Q q 0 0 0 rg BT 133.17 245.10 Td (hedges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.63 245.10 Td (- ) Tj ET Q q 0 0 0 rg BT 169.45 245.10 Td (Where ) Tj ET Q q 0 0 0 rg BT 198.79 245.10 Td (a ) Tj ET Q q 0 0 0 rg BT 205.92 245.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 248.59 245.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 286.26 245.10 Td (instrument ) Tj ET Q q 0 0 0 rg BT 331.72 245.10 Td (is ) Tj ET Q q 0 0 0 rg BT 341.08 245.10 Td (designated ) Tj ET Q q 0 0 0 rg BT 386.54 245.10 Td (as ) Tj ET Q q 0 0 0 rg BT 397.56 245.10 Td (a ) Tj ET Q q 0 0 0 rg BT 404.69 245.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 431.26 245.10 Td (of ) Tj ET Q q 0 0 0 rg BT 442.28 245.10 Td (the ) Tj ET Q q 0 0 0 rg BT 457.18 245.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 495.97 245.10 Td (to ) Tj ET Q q 0 0 0 rg BT 506.44 245.10 Td (variability ) Tj ET Q q 0 0 0 rg BT 550.23 245.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 233.10 Td (future ) Tj ET Q q 0 0 0 rg BT 117.15 233.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 138.19 233.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 163.69 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 175.29 233.10 Td (a ) Tj ET Q q 0 0 0 rg BT 183.00 233.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 230.14 233.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 252.85 233.10 Td (or ) Tj ET Q q 0 0 0 rg BT 264.45 233.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 298.83 233.10 Td (or ) Tj ET Q q 0 0 0 rg BT 310.43 233.10 Td (a ) Tj ET Q q 0 0 0 rg BT 318.15 233.10 Td (highly ) Tj ET Q q 0 0 0 rg BT 346.98 233.10 Td (probable ) Tj ET Q q 0 0 0 rg BT 385.23 233.10 Td (forecasted ) Tj ET Q q 0 0 0 rg BT 429.59 233.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 476.74 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 494.45 233.10 Td (could ) Tj ET Q q 0 0 0 rg BT 519.94 233.10 Td (af) Tj ET Q q 0 0 0 rg BT 527.52 233.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 545.78 233.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 221.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 144.34 221.10 Td (income ) Tj ET Q q 0 0 0 rg BT 177.58 221.10 Td (statement, ) Tj ET Q q 0 0 0 rg BT 222.20 221.10 Td (the ) Tj ET Q q 0 0 0 rg BT 238.22 221.10 Td (ef) Tj ET Q q 0 0 0 rg BT 245.80 221.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 276.81 221.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 309.49 221.10 Td (of ) Tj ET Q q 0 0 0 rg BT 321.63 221.10 Td (any ) Tj ET Q q 0 0 0 rg BT 339.86 221.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 360.88 221.10 Td (or ) Tj ET Q q 0 0 0 rg BT 373.01 221.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 392.38 221.10 Td (on ) Tj ET Q q 0 0 0 rg BT 406.18 221.10 Td (the ) Tj ET Q q 0 0 0 rg BT 422.19 221.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 465.97 221.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 504.76 221.10 Td (instrument ) Tj ET Q q 0 0 0 rg BT 551.33 221.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 209.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 137.78 209.10 Td (directly ) Tj ET Q q 0 0 0 rg BT 172.24 209.10 Td (in ) Tj ET Q q 0 0 0 rg BT 183.93 209.10 Td (other ) Tj ET Q q 0 0 0 rg BT 208.39 209.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 272.84 209.10 Td (income/\(loss\). ) Tj ET Q q 0 0 0 rg BT 333.41 209.10 Td (The ) Tj ET Q q 0 0 0 rg BT 352.87 209.10 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 401.21 209.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 422.34 209.10 Td (or ) Tj ET Q q 0 0 0 rg BT 434.59 209.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 454.07 209.10 Td (is ) Tj ET Q q 0 0 0 rg BT 464.65 209.10 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 514.10 209.10 Td (from ) Tj ET Q q 0 0 0 rg BT 537.45 209.10 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 197.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 153.72 197.10 Td (income/\(loss\) ) Tj ET Q q 0 0 0 rg BT 211.34 197.10 Td (to ) Tj ET Q q 0 0 0 rg BT 222.30 197.10 Td (the ) Tj ET Q q 0 0 0 rg BT 237.71 197.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 291.43 197.10 Td (income ) Tj ET Q q 0 0 0 rg BT 324.05 197.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 365.56 197.10 Td (at ) Tj ET Q q 0 0 0 rg BT 375.96 197.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.36 197.10 Td (same ) Tj ET Q q 0 0 0 rg BT 415.10 197.10 Td (time ) Tj ET Q q 0 0 0 rg BT 436.06 197.10 Td (as ) Tj ET Q q 0 0 0 rg BT 447.57 197.10 Td (the ) Tj ET Q q 0 0 0 rg BT 462.98 197.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 505.03 197.10 Td (ef) Tj ET Q q 0 0 0 rg BT 512.62 197.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 530.79 197.10 Td (arising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 185.10 Td (from ) Tj ET Q q 0 0 0 rg BT 111.94 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 126.65 185.10 Td (hedged ) Tj ET Q q 0 0 0 rg BT 158.02 185.10 Td (item ) Tj ET Q q 0 0 0 rg BT 178.29 185.10 Td (af) Tj ET Q q 0 0 0 rg BT 185.88 185.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 207.25 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 221.97 185.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 275.01 185.10 Td (income ) Tj ET Q q 0 0 0 rg BT 306.94 185.10 Td (statement. ) Tj ET Q q 0 0 0 rg BT 350.07 185.10 Td (The ) Tj ET Q q 0 0 0 rg BT 368.12 185.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 387.83 185.10 Td (or ) Tj ET Q q 0 0 0 rg BT 398.66 185.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 416.71 185.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 460.30 185.10 Td (with ) Tj ET Q q 0 0 0 rg BT 480.58 185.10 Td (a ) Tj ET Q q 0 0 0 rg BT 487.51 185.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 513.89 185.10 Td (or ) Tj ET Q q 0 0 0 rg BT 524.71 185.10 Td (part ) Tj ET Q q 0 0 0 rg BT 542.76 185.10 Td (of ) Tj ET Q q 0 0 0 rg BT 553.58 185.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 173.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 115.92 173.10 Td (that ) Tj ET Q q 0 0 0 rg BT 132.95 173.10 Td (has ) Tj ET Q q 0 0 0 rg BT 148.32 173.10 Td (become ) Tj ET Q q 0 0 0 rg BT 181.45 173.10 Td (inef) Tj ET Q q 0 0 0 rg BT 196.82 173.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 226.06 173.10 Td (is ) Tj ET Q q 0 0 0 rg BT 234.77 173.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 280.67 173.10 Td (in ) Tj ET Q q 0 0 0 rg BT 290.48 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 304.74 173.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 357.32 173.10 Td (income ) Tj ET Q q 0 0 0 rg BT 388.79 173.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 429.15 173.10 Td (immediately ) Tj ET Q q 0 0 0 rg BT 481.17 173.10 Td (within ) Tj ET Q q 0 0 0 rg BT 508.77 173.10 Td (net ) Tj ET Q q 0 0 0 rg BT 523.02 173.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 161.10 Td (income/expenses. ) Tj ET Q q 0 0 0 rg BT 163.65 161.10 Td (When ) Tj ET Q q 0 0 0 rg BT 190.58 161.10 Td (a ) Tj ET Q q 0 0 0 rg BT 198.08 161.10 Td (hedging ) Tj ET Q q 0 0 0 rg BT 233.35 161.10 Td (instrument ) Tj ET Q q 0 0 0 rg BT 279.18 161.10 Td (or ) Tj ET Q q 0 0 0 rg BT 290.57 161.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 317.50 161.10 Td (relationship ) Tj ET Q q 0 0 0 rg BT 367.77 161.10 Td (is ) Tj ET Q q 0 0 0 rg BT 377.49 161.10 Td (terminated ) Tj ET Q q 0 0 0 rg BT 423.31 161.10 Td (but ) Tj ET Q q 0 0 0 rg BT 439.14 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 454.42 161.10 Td (hedged ) Tj ET Q q 0 0 0 rg BT 486.35 161.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 533.28 161.10 Td (is ) Tj ET Q q 0 0 0 rg BT 543.01 161.10 Td (still ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 149.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 128.80 149.10 Td (to ) Tj ET Q q 0 0 0 rg BT 139.84 149.10 Td (occur) Tj ET Q q 0 0 0 rg BT 161.65 149.10 Td (, ) Tj ET Q q 0 0 0 rg BT 167.41 149.10 Td (the ) Tj ET Q q 0 0 0 rg BT 182.89 149.10 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 230.58 149.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 251.06 149.10 Td (or ) Tj ET Q q 0 0 0 rg BT 262.66 149.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 281.48 149.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 316.39 149.10 Td (to ) Tj ET Q q 0 0 0 rg BT 327.43 149.10 Td (the ) Tj ET Q q 0 0 0 rg BT 342.91 149.10 Td (point ) Tj ET Q q 0 0 0 rg BT 366.73 149.10 Td (of ) Tj ET Q q 0 0 0 rg BT 378.33 149.10 Td (termination ) Tj ET Q q 0 0 0 rg BT 427.69 149.10 Td (remains ) Tj ET Q q 0 0 0 rg BT 462.61 149.10 Td (in ) Tj ET Q q 0 0 0 rg BT 473.65 149.10 Td (other ) Tj ET Q q 0 0 0 rg BT 497.46 149.10 Td (comprehensive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 137.10 Td (income/\(loss\) ) Tj ET Q q 0 0 0 rg BT 147.23 137.10 Td (and ) Tj ET Q q 0 0 0 rg BT 164.47 137.10 Td (is ) Tj ET Q q 0 0 0 rg BT 173.94 137.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 220.61 137.10 Td (in ) Tj ET Q q 0 0 0 rg BT 231.18 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 246.20 137.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 299.54 137.10 Td (income ) Tj ET Q q 0 0 0 rg BT 331.78 137.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 372.90 137.10 Td (at ) Tj ET Q q 0 0 0 rg BT 382.92 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 397.93 137.10 Td (same ) Tj ET Q q 0 0 0 rg BT 421.28 137.10 Td (time ) Tj ET Q q 0 0 0 rg BT 441.85 137.10 Td (as ) Tj ET Q q 0 0 0 rg BT 452.98 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 468.00 137.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 514.13 137.10 Td (transaction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 125.10 Td (occurs. ) Tj ET Q q 0 0 0 rg BT 119.85 125.10 Td (If ) Tj ET Q q 0 0 0 rg BT 127.77 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.24 125.10 Td (hedged ) Tj ET Q q 0 0 0 rg BT 171.38 125.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 216.51 125.10 Td (is ) Tj ET Q q 0 0 0 rg BT 224.43 125.10 Td (no ) Tj ET Q q 0 0 0 rg BT 235.69 125.10 Td (longer ) Tj ET Q q 0 0 0 rg BT 262.49 125.10 Td (probable, ) Tj ET Q q 0 0 0 rg BT 301.23 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 314.71 125.10 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 360.39 125.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 403.29 125.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 421.76 125.10 Td (or ) Tj ET Q q 0 0 0 rg BT 431.35 125.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 448.17 125.10 Td (held ) Tj ET Q q 0 0 0 rg BT 466.64 125.10 Td (in ) Tj ET Q q 0 0 0 rg BT 475.67 125.10 Td (other ) Tj ET Q q 0 0 0 rg BT 497.48 125.10 Td (comprehensive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 113.10 Td (income/\(loss\) ) Tj ET Q q 0 0 0 rg BT 146.93 113.10 Td (is ) Tj ET Q q 0 0 0 rg BT 156.10 113.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 202.47 113.10 Td (in ) Tj ET Q q 0 0 0 rg BT 212.74 113.10 Td (the ) Tj ET Q q 0 0 0 rg BT 227.46 113.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 280.50 113.10 Td (income ) Tj ET Q q 0 0 0 rg BT 312.44 113.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 353.26 113.10 Td (immediately) Tj ET Q q 0 0 0 rg BT 402.59 113.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 89.10 Td (The Group does not use fair value hedges or hedges of a net investment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 65.10 Td (If ) Tj ET Q q 0 0 0 rg BT 99.97 65.10 Td (hedge ) Tj ET Q q 0 0 0 rg BT 127.15 65.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 174.33 65.10 Td (cannot ) Tj ET Q q 0 0 0 rg BT 204.30 65.10 Td (be ) Tj ET Q q 0 0 0 rg BT 217.04 65.10 Td (applied, ) Tj ET Q q 0 0 0 rg BT 252.29 65.10 Td (the ) Tj ET Q q 0 0 0 rg BT 267.81 65.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 292.23 65.10 Td (or ) Tj ET Q q 0 0 0 rg BT 303.86 65.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 331.06 65.10 Td (from ) Tj ET Q q 0 0 0 rg BT 353.81 65.10 Td (the ) Tj ET Q q 0 0 0 rg BT 369.34 65.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 386.52 65.10 Td (value ) Tj ET Q q 0 0 0 rg BT 411.48 65.10 Td (measurement ) Tj ET Q q 0 0 0 rg BT 468.10 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 479.74 65.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 523.03 65.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 53.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 103.17 53.10 Td (are ) Tj ET Q q 0 0 0 rg BT 117.87 53.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 164.23 53.10 Td (immediately ) Tj ET Q q 0 0 0 rg BT 216.72 53.10 Td (within ) Tj ET Q q 0 0 0 rg BT 244.78 53.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 282.26 53.10 Td (expenses.) Tj ET Q endstream endobj 87 0 obj <> endobj 88 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-10) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 713.10 Td (T) Tj ET Q q 0 0 0 rg BT 59.01 713.10 Td (ransfers of financial assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 689.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.79 689.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 135.59 689.10 Td (sells ) Tj ET Q q 0 0 0 rg BT 155.62 689.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 185.06 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 195.64 689.10 Td (its ) Tj ET Q q 0 0 0 rg BT 207.33 689.10 Td (trade ) Tj ET Q q 0 0 0 rg BT 229.57 689.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 276.78 689.10 Td (through ) Tj ET Q q 0 0 0 rg BT 310.14 689.10 Td (factoring ) Tj ET Q q 0 0 0 rg BT 348.48 689.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 398.49 689.10 Td (without ) Tj ET Q q 0 0 0 rg BT 431.29 689.10 Td (recourse. ) Tj ET Q q 0 0 0 rg BT 469.90 689.10 Td (In ) Tj ET Q q 0 0 0 rg BT 480.48 689.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 518.00 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 532.46 689.10 Td (Group ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 677.10 Td (sells ) Tj ET Q q 0 0 0 rg BT 74.68 677.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 104.77 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 116.00 677.10 Td (its ) Tj ET Q q 0 0 0 rg BT 128.35 677.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 176.21 677.10 Td (from ) Tj ET Q q 0 0 0 rg BT 198.55 677.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 239.21 677.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 278.21 677.10 Td (under ) Tj ET Q q 0 0 0 rg BT 303.87 677.10 Td (securitization ) Tj ET Q q 0 0 0 rg BT 360.64 677.10 Td (programs. ) Tj ET Q q 0 0 0 rg BT 403.80 677.10 Td (Securitization ) Tj ET Q q 0 0 0 rg BT 462.24 677.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 512.90 677.10 Td (involve ) Tj ET Q q 0 0 0 rg BT 545.79 677.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.10 Td (sale, ) Tj ET Q q 0 0 0 rg BT 73.88 665.10 Td (on ) Tj ET Q q 0 0 0 rg BT 85.72 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 91.99 665.10 Td (non-recourse ) Tj ET Q q 0 0 0 rg BT 146.02 665.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 170.36 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 180.52 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 186.80 665.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 223.61 665.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 270.42 665.10 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 307.25 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 316.86 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 323.13 665.10 Td (special ) Tj ET Q q 0 0 0 rg BT 352.73 665.10 Td (purpose ) Tj ET Q q 0 0 0 rg BT 386.23 665.10 Td (vehicle, ) Tj ET Q q 0 0 0 rg BT 419.43 665.10 Td (which ) Tj ET Q q 0 0 0 rg BT 445.71 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 455.32 665.10 Td (turn ) Tj ET Q q 0 0 0 rg BT 473.26 665.10 Td (finances ) Tj ET Q q 0 0 0 rg BT 508.42 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 522.47 665.10 Td (purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 64.88 653.10 Td (such ) Tj ET Q q 0 0 0 rg BT 85.75 653.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 123.28 653.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 170.80 653.10 Td (by ) Tj ET Q q 0 0 0 rg BT 183.34 653.10 Td (issuing ) Tj ET Q q 0 0 0 rg BT 214.23 653.10 Td (asset-backed ) Tj ET Q q 0 0 0 rg BT 267.86 653.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 308.17 653.10 Td (in ) Tj ET Q q 0 0 0 rg BT 318.49 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 333.26 653.10 Td (form ) Tj ET Q q 0 0 0 rg BT 355.24 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 366.12 653.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 389.77 653.10 Td (whose ) Tj ET Q q 0 0 0 rg BT 417.87 653.10 Td (repayment ) Tj ET Q q 0 0 0 rg BT 462.62 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 473.50 653.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 511.59 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 528.57 653.10 Td (interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 641.10 Td (depends ) Tj ET Q q 0 0 0 rg BT 89.27 641.10 Td (on ) Tj ET Q q 0 0 0 rg BT 101.77 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 116.49 641.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 136.75 641.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 161.48 641.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 202.84 641.10 Td (by ) Tj ET Q q 0 0 0 rg BT 215.34 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 230.05 641.10 Td (related ) Tj ET Q q 0 0 0 rg BT 259.76 641.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 297.24 641.10 Td (receivables.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 617.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 617.10 Td (The ) Tj ET Q q 0 0 0 rg BT 108.38 617.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 136.76 617.10 Td (derecognizes ) Tj ET Q q 0 0 0 rg BT 191.78 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 206.82 617.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 244.63 617.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 270.79 617.10 Td (when, ) Tj ET Q q 0 0 0 rg BT 297.78 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 315.05 617.10 Td (only ) Tj ET Q q 0 0 0 rg BT 335.65 617.10 Td (when, ) Tj ET Q q 0 0 0 rg BT 362.64 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 377.69 617.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 424.93 617.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 450.54 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 467.81 617.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 489.53 617.10 Td (to ) Tj ET Q q 0 0 0 rg BT 500.14 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 515.18 617.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 535.78 617.10 Td (flows ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.10 Td (arising ) Tj ET Q q 0 0 0 rg BT 84.32 605.10 Td (from ) Tj ET Q q 0 0 0 rg BT 106.87 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.20 605.10 Td (related ) Tj ET Q q 0 0 0 rg BT 152.51 605.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 190.59 605.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 217.03 605.10 Td (are ) Tj ET Q q 0 0 0 rg BT 232.35 605.10 Td (no ) Tj ET Q q 0 0 0 rg BT 245.46 605.10 Td (longer ) Tj ET Q q 0 0 0 rg BT 274.11 605.10 Td (held ) Tj ET Q q 0 0 0 rg BT 294.43 605.10 Td (or ) Tj ET Q q 0 0 0 rg BT 305.87 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 321.20 605.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 349.86 605.10 Td (has ) Tj ET Q q 0 0 0 rg BT 366.29 605.10 Td (transferred ) Tj ET Q q 0 0 0 rg BT 412.71 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 428.03 605.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 466.12 605.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 495.06 605.10 Td (In ) Tj ET Q q 0 0 0 rg BT 506.50 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 521.82 605.10 Td (case ) Tj ET Q q 0 0 0 rg BT 542.14 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 553.58 605.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 593.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 87.11 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 98.00 593.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 135.55 593.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 163.95 593.10 Td (if ) Tj ET Q q 0 0 0 rg BT 172.63 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 187.41 593.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 215.53 593.10 Td (transfers ) Tj ET Q q 0 0 0 rg BT 252.53 593.10 Td (substantially ) Tj ET Q q 0 0 0 rg BT 305.65 593.10 Td (all ) Tj ET Q q 0 0 0 rg BT 318.21 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 333.00 593.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 354.46 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 371.47 593.10 Td (rewards ) Tj ET Q q 0 0 0 rg BT 405.68 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 416.58 593.10 Td (ownership ) Tj ET Q q 0 0 0 rg BT 460.81 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 471.71 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 486.50 593.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 524.04 593.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 552.44 593.10 Td (it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 581.10 Td (derecognizes ) Tj ET Q q 0 0 0 rg BT 108.96 581.10 Td (such ) Tj ET Q q 0 0 0 rg BT 130.05 581.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 156.14 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 173.34 581.10 Td (separately ) Tj ET Q q 0 0 0 rg BT 216.64 581.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 262.15 581.10 Td (as ) Tj ET Q q 0 0 0 rg BT 273.25 581.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 299.34 581.10 Td (or ) Tj ET Q q 0 0 0 rg BT 310.43 581.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 350.41 581.10 Td (any ) Tj ET Q q 0 0 0 rg BT 367.61 581.10 Td (rights ) Tj ET Q q 0 0 0 rg BT 393.15 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 410.35 581.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 457.56 581.10 Td (created ) Tj ET Q q 0 0 0 rg BT 489.19 581.10 Td (or ) Tj ET Q q 0 0 0 rg BT 500.28 581.10 Td (retained ) Tj ET Q q 0 0 0 rg BT 535.24 581.10 Td (in ) Tj ET Q q 0 0 0 rg BT 545.78 581.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 569.10 Td (transfer) Tj ET Q q 0 0 0 rg BT 83.99 569.10 Td (. ) Tj ET Q q 0 0 0 rg BT 89.39 569.10 Td (On ) Tj ET Q q 0 0 0 rg BT 104.52 569.10 Td (derecognition ) Tj ET Q q 0 0 0 rg BT 162.40 569.10 Td (of ) Tj ET Q q 0 0 0 rg BT 173.63 569.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 211.52 569.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 240.25 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 255.38 569.10 Td (dif) Tj ET Q q 0 0 0 rg BT 266.30 569.10 Td (ference ) Tj ET Q q 0 0 0 rg BT 298.62 569.10 Td (between ) Tj ET Q q 0 0 0 rg BT 334.84 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 349.96 569.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 386.18 569.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 419.08 569.10 Td (of ) Tj ET Q q 0 0 0 rg BT 430.32 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 445.44 569.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 471.67 569.10 Td (and ) Tj ET Q q 0 0 0 rg BT 489.01 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 504.13 569.10 Td (consideration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 557.10 Td (received ) Tj ET Q q 0 0 0 rg BT 90.36 557.10 Td (or ) Tj ET Q q 0 0 0 rg BT 101.19 557.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 144.77 557.10 Td (for ) Tj ET Q q 0 0 0 rg BT 158.93 557.10 Td (the ) Tj ET Q q 0 0 0 rg BT 173.65 557.10 Td (transfer ) Tj ET Q q 0 0 0 rg BT 206.69 557.10 Td (of ) Tj ET Q q 0 0 0 rg BT 217.52 557.10 Td (the ) Tj ET Q q 0 0 0 rg BT 232.23 557.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 258.06 557.10 Td (is ) Tj ET Q q 0 0 0 rg BT 267.23 557.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 313.59 557.10 Td (within ) Tj ET Q q 0 0 0 rg BT 341.65 557.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 360.26 557.10 Td (of ) Tj ET Q q 0 0 0 rg BT 371.09 557.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 393.03 557.10 Td (in ) Tj ET Q q 0 0 0 rg BT 403.31 557.10 Td (the ) Tj ET Q q 0 0 0 rg BT 418.02 557.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 471.07 557.10 Td (income ) Tj ET Q q 0 0 0 rg BT 503.00 557.10 Td (statement.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 533.10 Td (Amendments ) Tj ET Q q 0 0 0 rg BT 110.40 533.10 Td (to ) Tj ET Q q 0 0 0 rg BT 120.67 533.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 145.97 533.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 153.47 533.10 Td (- ) Tj ET Q q 0 0 0 rg BT 159.30 533.10 Td (Share-Based ) Tj ET Q q 0 0 0 rg BT 214.58 533.10 Td (Payment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 509.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 509.10 Td (The ) Tj ET Q q 0 0 0 rg BT 108.78 509.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 137.56 509.10 Td (adopted ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 172.45 509.10 Td (Amendments ) Tj ET Q q 0 0 0 rg BT 226.78 509.10 Td (to ) Tj ET Q q 0 0 0 rg BT 237.79 509.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 261.57 509.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 269.80 509.10 Td (- ) Tj ET Q q 0 0 0 rg BT 276.36 509.10 Td (Shar) Tj ET Q q 0 0 0 rg BT 294.88 509.10 Td (e-Based ) Tj ET Q q 0 0 0 rg BT 330.32 509.10 Td (Payment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.30 509.10 Td (. ) Tj ET Q q 0 0 0 rg BT 370.80 509.10 Td (The ) Tj ET Q q 0 0 0 rg BT 389.58 509.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 443.35 509.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 477.13 509.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 532.56 509.10 Td (on ) Tj ET Q q 0 0 0 rg BT 545.80 509.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 497.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 100.40 497.10 Td (for ) Tj ET Q q 0 0 0 rg BT 114.59 497.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 126.56 497.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.30 497.10 Td (ef) Tj ET Q q 0 0 0 rg BT 148.89 497.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 170.29 497.10 Td (of ) Tj ET Q q 0 0 0 rg BT 181.15 497.10 Td (vesting ) Tj ET Q q 0 0 0 rg BT 212.57 497.10 Td (and ) Tj ET Q q 0 0 0 rg BT 229.53 497.10 Td (non-vesting ) Tj ET Q q 0 0 0 rg BT 279.28 497.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 323.47 497.10 Td (on ) Tj ET Q q 0 0 0 rg BT 336.00 497.10 Td (the ) Tj ET Q q 0 0 0 rg BT 350.75 497.10 Td (measurement ) Tj ET Q q 0 0 0 rg BT 406.58 497.10 Td (of ) Tj ET Q q 0 0 0 rg BT 417.44 497.10 Td (cash-settled ) Tj ET Q q 0 0 0 rg BT 467.17 497.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 516.90 497.10 Td (payments; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 485.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 68.98 485.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 118.93 485.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 156.13 485.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 206.65 485.10 Td (with ) Tj ET Q q 0 0 0 rg BT 227.19 485.10 Td (a ) Tj ET Q q 0 0 0 rg BT 234.39 485.10 Td (net ) Tj ET Q q 0 0 0 rg BT 249.37 485.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 293.23 485.10 Td (feature ) Tj ET Q q 0 0 0 rg BT 323.74 485.10 Td (for ) Tj ET Q q 0 0 0 rg BT 338.16 485.10 Td (withholding ) Tj ET Q q 0 0 0 rg BT 389.26 485.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 404.23 485.10 Td (obligations; ) Tj ET Q q 0 0 0 rg BT 454.21 485.10 Td (and ) Tj ET Q q 0 0 0 rg BT 471.41 485.10 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 489.17 485.10 Td (a ) Tj ET Q q 0 0 0 rg BT 496.37 485.10 Td (modification ) Tj ET Q q 0 0 0 rg BT 550.23 485.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 473.10 Td (the ) Tj ET Q q 0 0 0 rg BT 68.42 473.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 92.85 473.10 Td (and ) Tj ET Q q 0 0 0 rg BT 109.49 473.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 153.37 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 163.90 473.10 Td (a ) Tj ET Q q 0 0 0 rg BT 170.55 473.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 219.95 473.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 256.59 473.10 Td (that ) Tj ET Q q 0 0 0 rg BT 273.79 473.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 308.21 473.10 Td (the ) Tj ET Q q 0 0 0 rg BT 322.63 473.10 Td (classification ) Tj ET Q q 0 0 0 rg BT 377.60 473.10 Td (of ) Tj ET Q q 0 0 0 rg BT 388.14 473.10 Td (the ) Tj ET Q q 0 0 0 rg BT 402.56 473.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 448.64 473.10 Td (from ) Tj ET Q q 0 0 0 rg BT 470.28 473.10 Td (cash-settled ) Tj ET Q q 0 0 0 rg BT 519.69 473.10 Td (to ) Tj ET Q q 0 0 0 rg BT 529.68 473.10 Td (equity-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 461.10 Td (settled. ) Tj ET Q q 0 0 0 rg BT 84.48 461.10 Td (The ) Tj ET Q q 0 0 0 rg BT 102.05 461.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 154.62 461.10 Td (are ) Tj ET Q q 0 0 0 rg BT 168.85 461.10 Td (ef) Tj ET Q q 0 0 0 rg BT 176.44 461.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 205.67 461.10 Td (for ) Tj ET Q q 0 0 0 rg BT 219.36 461.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 248.04 461.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 279.50 461.10 Td (beginning ) Tj ET Q q 0 0 0 rg BT 321.52 461.10 Td (on ) Tj ET Q q 0 0 0 rg BT 333.55 461.10 Td (or ) Tj ET Q q 0 0 0 rg BT 343.90 461.10 Td (after ) Tj ET Q q 0 0 0 rg BT 364.24 461.10 Td (January ) Tj ET Q q 0 0 0 rg BT 397.37 461.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 406.89 461.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 428.92 461.10 Td (with ) Tj ET Q q 0 0 0 rg BT 448.72 461.10 Td (early ) Tj ET Q q 0 0 0 rg BT 470.73 461.10 Td (application ) Tj ET Q q 0 0 0 rg BT 517.19 461.10 Td (permitted. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 449.10 Td (The ) Tj ET Q q 0 0 0 rg BT 71.07 449.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 98.14 449.10 Td (has ) Tj ET Q q 0 0 0 rg BT 112.98 449.10 Td (applied ) Tj ET Q q 0 0 0 rg BT 143.94 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 157.67 449.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 209.73 449.10 Td (to ) Tj ET Q q 0 0 0 rg BT 219.03 449.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 267.75 449.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 303.70 449.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 352.98 449.10 Td (under ) Tj ET Q q 0 0 0 rg BT 377.27 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.00 449.10 Td (Group) Tj ET Q q 0 0 0 rg BT 419.33 449.10 Td (s ) Tj ET Q q 0 0 0 rg BT 424.74 449.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 451.26 449.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 489.42 449.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 508.16 449.10 Td (that ) Tj ET Q q 0 0 0 rg BT 524.67 449.10 Td (contains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 437.10 Td (a ) Tj ET Q q 0 0 0 rg BT 60.51 437.10 Td (net ) Tj ET Q q 0 0 0 rg BT 74.79 437.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 117.95 437.10 Td (feature ) Tj ET Q q 0 0 0 rg BT 147.78 437.10 Td (for ) Tj ET Q q 0 0 0 rg BT 161.50 437.10 Td (withholding ) Tj ET Q q 0 0 0 rg BT 211.90 437.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 226.19 437.10 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 275.20 437.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 312.26 437.10 Td (in ) Tj ET Q q 0 0 0 rg BT 322.11 437.10 Td (such ) Tj ET Q q 0 0 0 rg BT 342.50 437.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 392.33 437.10 Td (being ) Tj ET Q q 0 0 0 rg BT 416.62 437.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 456.45 437.10 Td (in ) Tj ET Q q 0 0 0 rg BT 466.29 437.10 Td (their ) Tj ET Q q 0 0 0 rg BT 486.68 437.10 Td (entirety ) Tj ET Q q 0 0 0 rg BT 519.29 437.10 Td (as ) Tj ET Q q 0 0 0 rg BT 529.69 437.10 Td (equity-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 425.10 Td (settled. ) Tj ET Q q 0 0 0 rg BT 84.92 425.10 Td (There ) Tj ET Q q 0 0 0 rg BT 110.74 425.10 Td (were ) Tj ET Q q 0 0 0 rg BT 132.67 425.10 Td (no ) Tj ET Q q 0 0 0 rg BT 145.17 425.10 Td (other ) Tj ET Q q 0 0 0 rg BT 168.21 425.10 Td (ef) Tj ET Q q 0 0 0 rg BT 175.80 425.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 197.18 425.10 Td (from ) Tj ET Q q 0 0 0 rg BT 219.12 425.10 Td (the ) Tj ET Q q 0 0 0 rg BT 233.83 425.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 271.33 425.10 Td (of ) Tj ET Q q 0 0 0 rg BT 282.16 425.10 Td (these ) Tj ET Q q 0 0 0 rg BT 305.21 425.10 Td (amendments.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 401.10 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 84.29 401.10 Td (Interpretation ) Tj ET Q q 0 0 0 rg BT 144.58 401.10 Td (22 ) Tj ET Q q 0 0 0 rg BT 157.08 401.10 Td (- ) Tj ET Q q 0 0 0 rg BT 162.91 401.10 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 198.75 401.10 Td (Currency ) Tj ET Q q 0 0 0 rg BT 240.14 401.10 Td (T) Tj ET Q q 0 0 0 rg BT 245.88 401.10 Td (ransactions ) Tj ET Q q 0 0 0 rg BT 296.17 401.10 Td (and ) Tj ET Q q 0 0 0 rg BT 313.86 401.10 Td (Advance ) Tj ET Q q 0 0 0 rg BT 351.91 401.10 Td (Consideration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 389.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 377.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 377.10 Td (The ) Tj ET Q q 0 0 0 rg BT 109.83 377.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 139.66 377.10 Td (adopted ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 175.59 377.10 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 205.42 377.10 Td (Interpr) Tj ET Q q 0 0 0 rg BT 233.38 377.10 Td (etation ) Tj ET Q q 0 0 0 rg BT 265.43 377.10 Td (22 ) Tj ET Q q 0 0 0 rg BT 279.71 377.10 Td (- ) Tj ET Q q 0 0 0 rg BT 287.32 377.10 Td (For) Tj ET Q q 0 0 0 rg BT 301.95 377.10 Td (eign ) Tj ET Q q 0 0 0 rg BT 323.45 377.10 Td (Curr) Tj ET Q q 0 0 0 rg BT 342.53 377.10 Td (ency ) Tj ET Q q 0 0 0 rg BT 365.12 377.10 Td (T) Tj ET Q q 0 0 0 rg BT 370.13 377.10 Td (ransactions ) Tj ET Q q 0 0 0 rg BT 421.08 377.10 Td (and ) Tj ET Q q 0 0 0 rg BT 440.05 377.10 Td (Advance ) Tj ET Q q 0 0 0 rg BT 478.76 377.10 Td (Consideration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.98 377.10 Td (. ) Tj ET Q q 0 0 0 rg BT 542.45 377.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 365.10 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 109.98 365.10 Td (addresses ) Tj ET Q q 0 0 0 rg BT 150.42 365.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.75 365.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 204.63 365.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 221.73 365.10 Td (to ) Tj ET Q q 0 0 0 rg BT 231.62 365.10 Td (use ) Tj ET Q q 0 0 0 rg BT 247.07 365.10 Td (in ) Tj ET Q q 0 0 0 rg BT 256.96 365.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 306.84 365.10 Td (that ) Tj ET Q q 0 0 0 rg BT 323.96 365.10 Td (involve ) Tj ET Q q 0 0 0 rg BT 356.07 365.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 390.94 365.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 446.93 365.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 466.26 365.10 Td (or ) Tj ET Q q 0 0 0 rg BT 476.71 365.10 Td (received ) Tj ET Q q 0 0 0 rg BT 512.69 365.10 Td (in ) Tj ET Q q 0 0 0 rg BT 522.58 365.10 Td (a ) Tj ET Q q 0 0 0 rg BT 529.14 365.10 Td (foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 353.10 Td (currency) Tj ET Q q 0 0 0 rg BT 88.33 353.10 Td (. ) Tj ET Q q 0 0 0 rg BT 92.76 353.10 Td (The ) Tj ET Q q 0 0 0 rg BT 110.39 353.10 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 166.33 353.10 Td (is ) Tj ET Q q 0 0 0 rg BT 175.09 353.10 Td (ef) Tj ET Q q 0 0 0 rg BT 182.67 353.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 211.96 353.10 Td (on ) Tj ET Q q 0 0 0 rg BT 224.04 353.10 Td (or ) Tj ET Q q 0 0 0 rg BT 234.45 353.10 Td (after ) Tj ET Q q 0 0 0 rg BT 254.85 353.10 Td (January ) Tj ET Q q 0 0 0 rg BT 288.03 353.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 297.61 353.10 Td (2018. ) Tj ET Q q 0 0 0 rg BT 322.04 353.10 Td (There ) Tj ET Q q 0 0 0 rg BT 347.44 353.10 Td (was ) Tj ET Q q 0 0 0 rg BT 365.07 353.10 Td (no ) Tj ET Q q 0 0 0 rg BT 377.15 353.10 Td (ef) Tj ET Q q 0 0 0 rg BT 384.74 353.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 401.81 353.10 Td (from ) Tj ET Q q 0 0 0 rg BT 423.33 353.10 Td (the ) Tj ET Q q 0 0 0 rg BT 437.62 353.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 474.70 353.10 Td (of ) Tj ET Q q 0 0 0 rg BT 485.11 353.10 Td (this ) Tj ET Q q 0 0 0 rg BT 501.64 353.10 Td (interpretation.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 329.10 Td (Annual ) Tj ET Q q 0 0 0 rg BT 87.63 329.10 Td (Improvements ) Tj ET Q q 0 0 0 rg BT 149.02 329.10 Td (to ) Tj ET Q q 0 0 0 rg BT 159.30 329.10 Td (IFRSs ) Tj ET Q q 0 0 0 rg BT 188.48 329.10 Td (2014-2016 ) Tj ET Q q 0 0 0 rg BT 234.31 329.10 Td (Cycle) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 305.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 305.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.61 305.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 135.23 305.10 Td (adopted ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 168.95 305.10 Td (Annual ) Tj ET Q q 0 0 0 rg BT 199.91 305.10 Td (Impr) Tj ET Q q 0 0 0 rg BT 218.98 305.10 Td (ovements ) Tj ET Q q 0 0 0 rg BT 258.25 305.10 Td (to ) Tj ET Q q 0 0 0 rg BT 268.10 305.10 Td (IFRSs ) Tj ET Q q 0 0 0 rg BT 294.60 305.10 Td (2014-2016 ) Tj ET Q q 0 0 0 rg BT 340.00 305.10 Td (Cycle) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.77 305.10 Td (. ) Tj ET Q q 0 0 0 rg BT 367.18 305.10 Td (The ) Tj ET Q q 0 0 0 rg BT 384.80 305.10 Td (improvements ) Tj ET Q q 0 0 0 rg BT 444.08 305.10 Td (have ) Tj ET Q q 0 0 0 rg BT 465.02 305.10 Td (amended ) Tj ET Q q 0 0 0 rg BT 503.18 305.10 Td (two ) Tj ET Q q 0 0 0 rg BT 520.25 305.10 Td (standards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 293.10 Td (with ) Tj ET Q q 0 0 0 rg BT 74.45 293.10 Td (ef) Tj ET Q q 0 0 0 rg BT 82.03 293.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 111.90 293.10 Td (date ) Tj ET Q q 0 0 0 rg BT 131.23 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 142.22 293.10 Td (January ) Tj ET Q q 0 0 0 rg BT 175.99 293.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 186.16 293.10 Td (2018: ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 211.60 293.10 Td (i\) ) Tj ET Q q 0 0 0 rg BT 220.38 293.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 243.59 293.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 251.26 293.10 Td (- ) Tj ET Q q 0 0 0 rg BT 257.26 293.10 Td (First-time ) Tj ET Q q 0 0 0 rg BT 299.73 293.10 Td (Adoption ) Tj ET Q q 0 0 0 rg BT 339.06 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 349.51 293.10 Td (International ) Tj ET Q q 0 0 0 rg BT 404.95 293.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 446.50 293.10 Td (Reporting ) Tj ET Q q 0 0 0 rg BT 489.16 293.10 Td (Standar) Tj ET Q q 0 0 0 rg BT 520.46 293.10 Td (ds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.02 293.10 Td (and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 549.12 293.10 Td (ii\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 281.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 71.47 281.10 Td (28 ) Tj ET Q q 0 0 0 rg BT 84.49 281.10 Td (- ) Tj ET Q q 0 0 0 rg BT 90.85 281.10 Td (Investments ) Tj ET Q q 0 0 0 rg BT 141.08 281.10 Td (in ) Tj ET Q q 0 0 0 rg BT 151.67 281.10 Td (Associates ) Tj ET Q q 0 0 0 rg BT 196.92 281.10 Td (and ) Tj ET Q q 0 0 0 rg BT 214.94 281.10 Td (Joint ) Tj ET Q q 0 0 0 rg BT 237.97 281.10 Td (V) Tj ET Q q 0 0 0 rg BT 242.97 281.10 Td (entur) Tj ET Q q 0 0 0 rg BT 263.70 281.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.03 281.10 Td (. ) Tj ET Q q 0 0 0 rg BT 277.34 281.10 Td (The ) Tj ET Q q 0 0 0 rg BT 295.92 281.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 349.49 281.10 Td (clarify) Tj ET Q q 0 0 0 rg BT 374.93 281.10 Td (, ) Tj ET Q q 0 0 0 rg BT 380.46 281.10 Td (correct ) Tj ET Q q 0 0 0 rg BT 411.24 281.10 Td (or ) Tj ET Q q 0 0 0 rg BT 422.60 281.10 Td (remove ) Tj ET Q q 0 0 0 rg BT 455.61 281.10 Td (redundant ) Tj ET Q q 0 0 0 rg BT 498.62 281.10 Td (wording ) Tj ET Q q 0 0 0 rg BT 534.98 281.10 Td (in ) Tj ET Q q 0 0 0 rg BT 545.78 281.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 269.10 Td (related ) Tj ET Q q 0 0 0 rg BT 83.70 269.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 107.33 269.10 Td (Standards. ) Tj ET Q q 0 0 0 rg BT 151.58 269.10 Td (There ) Tj ET Q q 0 0 0 rg BT 177.40 269.10 Td (was ) Tj ET Q q 0 0 0 rg BT 195.45 269.10 Td (no ) Tj ET Q q 0 0 0 rg BT 207.95 269.10 Td (ef) Tj ET Q q 0 0 0 rg BT 215.54 269.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 233.02 269.10 Td (from ) Tj ET Q q 0 0 0 rg BT 254.96 269.10 Td (the ) Tj ET Q q 0 0 0 rg BT 269.68 269.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 307.17 269.10 Td (of ) Tj ET Q q 0 0 0 rg BT 318.00 269.10 Td (these ) Tj ET Q q 0 0 0 rg BT 341.05 269.10 Td (amendments.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 233.10 Td (New ) Tj ET Q q 0 0 0 rg BT 75.38 233.10 Td (standards, ) Tj ET Q q 0 0 0 rg BT 122.62 233.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 179.56 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 198.18 233.10 Td (interpr) Tj ET Q q 0 0 0 rg BT 228.55 233.10 Td (etations ) Tj ET Q q 0 0 0 rg BT 264.38 233.10 Td (not ) Tj ET Q q 0 0 0 rg BT 280.77 233.10 Td (yet ) Tj ET Q q 0 0 0 rg BT 296.04 233.10 Td (effective) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 209.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 209.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.68 209.10 Td (standards, ) Tj ET Q q 0 0 0 rg BT 150.09 209.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 202.77 209.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.34 209.10 Td (interpretations ) Tj ET Q q 0 0 0 rg BT 279.24 209.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 306.37 209.10 Td (by ) Tj ET Q q 0 0 0 rg BT 318.51 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 332.86 209.10 Td (International ) Tj ET Q q 0 0 0 rg BT 385.61 209.10 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 434.41 209.10 Td (Standards ) Tj ET Q q 0 0 0 rg BT 475.98 209.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 502.56 209.10 Td (\(IASB\) ) Tj ET Q q 0 0 0 rg BT 543.01 209.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 197.10 Td (will ) Tj ET Q q 0 0 0 rg BT 72.06 197.10 Td (have ) Tj ET Q q 0 0 0 rg BT 93.43 197.10 Td (mandatory ) Tj ET Q q 0 0 0 rg BT 138.70 197.10 Td (application ) Tj ET Q q 0 0 0 rg BT 185.63 197.10 Td (in ) Tj ET Q q 0 0 0 rg BT 195.90 197.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 218.40 197.10 Td (or ) Tj ET Q q 0 0 0 rg BT 229.23 197.10 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 276.17 197.10 Td (years ) Tj ET Q q 0 0 0 rg BT 299.77 197.10 Td (are ) Tj ET Q q 0 0 0 rg BT 314.48 197.10 Td (listed ) Tj ET Q q 0 0 0 rg BT 338.64 197.10 Td (below:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 173.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 173.10 Td (In ) Tj ET Q q 0 0 0 rg BT 101.43 173.10 Td (January ) Tj ET Q q 0 0 0 rg BT 135.64 173.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 158.74 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 174.06 173.10 Td (IASB ) Tj ET Q q 0 0 0 rg BT 199.95 173.10 Td (issued ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 228.06 173.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 251.71 173.10 Td (16 ) Tj ET Q q 0 0 0 rg BT 264.81 173.10 Td (- ) Tj ET Q q 0 0 0 rg BT 271.25 173.10 Td (Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.47 173.10 Td ( ) Tj ET Q q 0 0 0 rg BT 301.57 173.10 Td (which ) Tj ET Q q 0 0 0 rg BT 329.12 173.10 Td (sets ) Tj ET Q q 0 0 0 rg BT 347.22 173.10 Td (out ) Tj ET Q q 0 0 0 rg BT 363.10 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.42 173.10 Td (principles ) Tj ET Q q 0 0 0 rg BT 420.96 173.10 Td (for ) Tj ET Q q 0 0 0 rg BT 435.73 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 451.05 173.10 Td (recognition, ) Tj ET Q q 0 0 0 rg BT 502.19 173.10 Td (measurement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 161.10 Td (presentation ) Tj ET Q q 0 0 0 rg BT 105.66 161.10 Td (and ) Tj ET Q q 0 0 0 rg BT 122.89 161.10 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 166.23 161.10 Td (of ) Tj ET Q q 0 0 0 rg BT 177.36 161.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 204.02 161.10 Td (for ) Tj ET Q q 0 0 0 rg BT 218.48 161.10 Td (both ) Tj ET Q q 0 0 0 rg BT 239.05 161.10 Td (parties ) Tj ET Q q 0 0 0 rg BT 268.49 161.10 Td (to ) Tj ET Q q 0 0 0 rg BT 279.06 161.10 Td (a ) Tj ET Q q 0 0 0 rg BT 286.29 161.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 321.29 161.10 Td (and ) Tj ET Q q 0 0 0 rg BT 338.52 161.10 Td (replaces ) Tj ET Q q 0 0 0 rg BT 374.07 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 389.07 161.10 Td (previous ) Tj ET Q q 0 0 0 rg BT 426.30 161.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 452.97 161.10 Td (standard, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 492.14 161.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 509.37 161.10 Td (17 ) Tj ET Q q 0 0 0 rg BT 522.17 161.10 Td (- ) Tj ET Q q 0 0 0 rg BT 528.29 161.10 Td (Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.51 161.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 149.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 77.50 149.10 Td (16, ) Tj ET Q q 0 0 0 rg BT 92.38 149.10 Td (which ) Tj ET Q q 0 0 0 rg BT 119.20 149.10 Td (is ) Tj ET Q q 0 0 0 rg BT 128.25 149.10 Td (not ) Tj ET Q q 0 0 0 rg BT 143.41 149.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 186.88 149.10 Td (to ) Tj ET Q q 0 0 0 rg BT 197.04 149.10 Td (service ) Tj ET Q q 0 0 0 rg BT 227.74 149.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 268.71 149.10 Td (but ) Tj ET Q q 0 0 0 rg BT 283.87 149.10 Td (only ) Tj ET Q q 0 0 0 rg BT 304.03 149.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 347.50 149.10 Td (to ) Tj ET Q q 0 0 0 rg BT 357.65 149.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 383.91 149.10 Td (or ) Tj ET Q q 0 0 0 rg BT 394.62 149.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 416.99 149.10 Td (components ) Tj ET Q q 0 0 0 rg BT 467.69 149.10 Td (of ) Tj ET Q q 0 0 0 rg BT 478.40 149.10 Td (a ) Tj ET Q q 0 0 0 rg BT 485.22 149.10 Td (contract, ) Tj ET Q q 0 0 0 rg BT 522.31 149.10 Td (defines ) Tj ET Q q 0 0 0 rg BT 553.56 149.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 137.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 75.72 137.10 Td (as ) Tj ET Q q 0 0 0 rg BT 85.79 137.10 Td (a ) Tj ET Q q 0 0 0 rg BT 91.97 137.10 Td (contract ) Tj ET Q q 0 0 0 rg BT 125.91 137.10 Td (that ) Tj ET Q q 0 0 0 rg BT 142.64 137.10 Td (conveys ) Tj ET Q q 0 0 0 rg BT 177.14 137.10 Td (to ) Tj ET Q q 0 0 0 rg BT 186.66 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 200.61 137.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 239.01 137.10 Td (\(lessee\) ) Tj ET Q q 0 0 0 rg BT 271.28 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 285.23 137.10 Td (right ) Tj ET Q q 0 0 0 rg BT 305.86 137.10 Td (to ) Tj ET Q q 0 0 0 rg BT 315.37 137.10 Td (use ) Tj ET Q q 0 0 0 rg BT 330.44 137.10 Td (an ) Tj ET Q q 0 0 0 rg BT 341.62 137.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 362.79 137.10 Td (for ) Tj ET Q q 0 0 0 rg BT 376.19 137.10 Td (a ) Tj ET Q q 0 0 0 rg BT 382.37 137.10 Td (period ) Tj ET Q q 0 0 0 rg BT 409.65 137.10 Td (of ) Tj ET Q q 0 0 0 rg BT 419.72 137.10 Td (time ) Tj ET Q q 0 0 0 rg BT 439.23 137.10 Td (in ) Tj ET Q q 0 0 0 rg BT 448.74 137.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 488.24 137.10 Td (for ) Tj ET Q q 0 0 0 rg BT 501.63 137.10 Td (consideration. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 125.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 77.73 125.10 Td (16 ) Tj ET Q q 0 0 0 rg BT 90.34 125.10 Td (eliminates ) Tj ET Q q 0 0 0 rg BT 134.04 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 148.86 125.10 Td (classification ) Tj ET Q q 0 0 0 rg BT 204.23 125.10 Td (of ) Tj ET Q q 0 0 0 rg BT 215.17 125.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 241.65 125.10 Td (for ) Tj ET Q q 0 0 0 rg BT 255.92 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 270.74 125.10 Td (lessee ) Tj ET Q q 0 0 0 rg BT 297.22 125.10 Td (as ) Tj ET Q q 0 0 0 rg BT 308.16 125.10 Td (either ) Tj ET Q q 0 0 0 rg BT 333.53 125.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 373.90 125.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 400.38 125.10 Td (or ) Tj ET Q q 0 0 0 rg BT 411.32 125.10 Td (finance ) Tj ET Q q 0 0 0 rg BT 443.35 125.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 469.83 125.10 Td (as ) Tj ET Q q 0 0 0 rg BT 480.77 125.10 Td (required ) Tj ET Q q 0 0 0 rg BT 516.69 125.10 Td (by ) Tj ET Q q 0 0 0 rg BT 529.30 125.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 548.02 125.10 Td (17 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 113.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 73.44 113.10 Td (instead, ) Tj ET Q q 0 0 0 rg BT 106.76 113.10 Td (introduces ) Tj ET Q q 0 0 0 rg BT 150.92 113.10 Td (a ) Tj ET Q q 0 0 0 rg BT 157.86 113.10 Td (single ) Tj ET Q q 0 0 0 rg BT 184.24 113.10 Td (lessee ) Tj ET Q q 0 0 0 rg BT 210.62 113.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 256.99 113.10 Td (model ) Tj ET Q q 0 0 0 rg BT 284.49 113.10 Td (whereby ) Tj ET Q q 0 0 0 rg BT 321.42 113.10 Td (a ) Tj ET Q q 0 0 0 rg BT 328.36 113.10 Td (lessee ) Tj ET Q q 0 0 0 rg BT 354.73 113.10 Td (is ) Tj ET Q q 0 0 0 rg BT 363.90 113.10 Td (required ) Tj ET Q q 0 0 0 rg BT 399.72 113.10 Td (to ) Tj ET Q q 0 0 0 rg BT 410.00 113.10 Td (recognize ) Tj ET Q q 0 0 0 rg BT 451.36 113.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 477.19 113.10 Td (and ) Tj ET Q q 0 0 0 rg BT 494.13 113.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 533.84 113.10 Td (for ) Tj ET Q q 0 0 0 rg BT 548.00 113.10 Td (all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 101.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 80.52 101.10 Td (with ) Tj ET Q q 0 0 0 rg BT 100.93 101.10 Td (a ) Tj ET Q q 0 0 0 rg BT 108.01 101.10 Td (term ) Tj ET Q q 0 0 0 rg BT 128.97 101.10 Td (that ) Tj ET Q q 0 0 0 rg BT 146.60 101.10 Td (is ) Tj ET Q q 0 0 0 rg BT 155.91 101.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 186.31 101.10 Td (than ) Tj ET Q q 0 0 0 rg BT 206.16 101.10 Td (12 ) Tj ET Q q 0 0 0 rg BT 218.80 101.10 Td (months, ) Tj ET Q q 0 0 0 rg BT 253.38 101.10 Td (unless ) Tj ET Q q 0 0 0 rg BT 281.02 101.10 Td (the ) Tj ET Q q 0 0 0 rg BT 295.88 101.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 341.84 101.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 363.92 101.10 Td (is ) Tj ET Q q 0 0 0 rg BT 373.23 101.10 Td (of ) Tj ET Q q 0 0 0 rg BT 384.19 101.10 Td (low ) Tj ET Q q 0 0 0 rg BT 401.83 101.10 Td (value, ) Tj ET Q q 0 0 0 rg BT 428.63 101.10 Td (and ) Tj ET Q q 0 0 0 rg BT 445.70 101.10 Td (to ) Tj ET Q q 0 0 0 rg BT 456.12 101.10 Td (recognize ) Tj ET Q q 0 0 0 rg BT 497.62 101.10 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 549.68 101.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 89.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 76.83 89.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 103.00 89.10 Td (separately ) Tj ET Q q 0 0 0 rg BT 146.37 89.10 Td (from ) Tj ET Q q 0 0 0 rg BT 168.65 89.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 200.93 89.10 Td (on ) Tj ET Q q 0 0 0 rg BT 213.77 89.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 236.60 89.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 276.66 89.10 Td (in ) Tj ET Q q 0 0 0 rg BT 287.28 89.10 Td (the ) Tj ET Q q 0 0 0 rg BT 302.33 89.10 Td (income ) Tj ET Q q 0 0 0 rg BT 334.61 89.10 Td (statement. ) Tj ET Q q 0 0 0 rg BT 377.65 89.10 Td (As ) Tj ET Q q 0 0 0 rg BT 391.60 89.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 415.57 89.10 Td (16 ) Tj ET Q q 0 0 0 rg BT 428.41 89.10 Td (substantially ) Tj ET Q q 0 0 0 rg BT 481.80 89.10 Td (carries ) Tj ET Q q 0 0 0 rg BT 511.29 89.10 Td (forward ) Tj ET Q q 0 0 0 rg BT 545.78 89.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 77.10 Td (lessor ) Tj ET Q q 0 0 0 rg BT 79.97 77.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 126.48 77.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 181.32 77.10 Td (in ) Tj ET Q q 0 0 0 rg BT 191.74 77.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 210.49 77.10 Td (17, ) Tj ET Q q 0 0 0 rg BT 225.63 77.10 Td (a ) Tj ET Q q 0 0 0 rg BT 232.70 77.10 Td (lessor ) Tj ET Q q 0 0 0 rg BT 258.67 77.10 Td (will ) Tj ET Q q 0 0 0 rg BT 276.86 77.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 313.94 77.10 Td (to ) Tj ET Q q 0 0 0 rg BT 324.35 77.10 Td (classify ) Tj ET Q q 0 0 0 rg BT 357.54 77.10 Td (its ) Tj ET Q q 0 0 0 rg BT 369.62 77.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 396.14 77.10 Td (as ) Tj ET Q q 0 0 0 rg BT 407.11 77.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 447.51 77.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 474.02 77.10 Td (or ) Tj ET Q q 0 0 0 rg BT 484.99 77.10 Td (finance ) Tj ET Q q 0 0 0 rg BT 517.06 77.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 543.57 77.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 65.10 Td (to ) Tj ET Q q 0 0 0 rg BT 64.03 65.10 Td (account ) Tj ET Q q 0 0 0 rg BT 97.38 65.10 Td (for ) Tj ET Q q 0 0 0 rg BT 111.30 65.10 Td (those ) Tj ET Q q 0 0 0 rg BT 134.66 65.10 Td (two ) Tj ET Q q 0 0 0 rg BT 151.92 65.10 Td (types ) Tj ET Q q 0 0 0 rg BT 175.28 65.10 Td (of ) Tj ET Q q 0 0 0 rg BT 185.87 65.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 212.00 65.10 Td (dif) Tj ET Q q 0 0 0 rg BT 222.93 65.10 Td (ferently) Tj ET Q q 0 0 0 rg BT 253.38 65.10 Td (. ) Tj ET Q q 0 0 0 rg BT 258.13 65.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 281.51 65.10 Td (16 ) Tj ET Q q 0 0 0 rg BT 293.77 65.10 Td (is ) Tj ET Q q 0 0 0 rg BT 302.69 65.10 Td (ef) Tj ET Q q 0 0 0 rg BT 310.28 65.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 339.74 65.10 Td (from ) Tj ET Q q 0 0 0 rg BT 361.43 65.10 Td (January ) Tj ET Q q 0 0 0 rg BT 394.79 65.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 404.54 65.10 Td (2019 ) Tj ET Q q 0 0 0 rg BT 426.80 65.10 Td (with ) Tj ET Q q 0 0 0 rg BT 446.83 65.10 Td (early ) Tj ET Q q 0 0 0 rg BT 469.07 65.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 506.32 65.10 Td (allowed ) Tj ET Q q 0 0 0 rg BT 540.24 65.10 Td (only ) Tj ET Q endstream endobj 89 0 obj <> endobj 90 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.85 32.20 Td (F-1) Tj ET Q q 0 0 0 rg BT 311.07 32.20 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 713.10 Td (if ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 62.05 713.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 84.54 713.10 Td (15 ) Tj ET Q q 0 0 0 rg BT 96.48 713.10 Td (- ) Tj ET Q q 0 0 0 rg BT 101.75 713.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 137.55 713.10 Td (fr) Tj ET Q q 0 0 0 rg BT 143.85 713.10 Td (om ) Tj ET Q q 0 0 0 rg BT 158.01 713.10 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 199.40 713.10 Td (with ) Tj ET Q q 0 0 0 rg BT 218.56 713.10 Td (Customers ) Tj ET Q q 0 0 0 rg BT 263.29 713.10 Td (is) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.96 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 271.90 713.10 Td (also ) Tj ET Q q 0 0 0 rg BT 289.94 713.10 Td (applied. ) Tj ET Q q 0 0 0 rg BT 323.68 713.10 Td (The ) Tj ET Q q 0 0 0 rg BT 341.16 713.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 368.66 713.10 Td (will ) Tj ET Q q 0 0 0 rg BT 386.15 713.10 Td (not ) Tj ET Q q 0 0 0 rg BT 400.87 713.10 Td (early ) Tj ET Q q 0 0 0 rg BT 422.80 713.10 Td (adopt ) Tj ET Q q 0 0 0 rg BT 446.95 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 461.11 713.10 Td (standard ) Tj ET Q q 0 0 0 rg BT 496.93 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 513.30 713.10 Td (is ) Tj ET Q q 0 0 0 rg BT 521.91 713.10 Td (currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 701.10 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 98.15 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 112.87 701.10 Td (method ) Tj ET Q q 0 0 0 rg BT 145.36 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 156.19 701.10 Td (implementation ) Tj ET Q q 0 0 0 rg BT 221.46 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 238.39 701.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 268.11 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 278.94 701.10 Td (adoption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 677.10 Td (In ) Tj ET Q q 0 0 0 rg BT 102.76 677.10 Td (May ) Tj ET Q q 0 0 0 rg BT 125.51 677.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 149.94 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.59 677.10 Td (IASB ) Tj ET Q q 0 0 0 rg BT 193.80 677.10 Td (issued ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 223.22 677.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 248.20 677.10 Td (17 ) Tj ET Q q 0 0 0 rg BT 262.63 677.10 Td (- ) Tj ET Q q 0 0 0 rg BT 270.38 677.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 314.80 677.10 Td (Contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.25 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 358.68 677.10 Td (whichestablishes ) Tj ET Q q 0 0 0 rg BT 433.37 677.10 Td (principles ) Tj ET Q q 0 0 0 rg BT 477.23 677.10 Td (for ) Tj ET Q q 0 0 0 rg BT 493.31 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 509.96 677.10 Td (recognition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.10 Td (measurement, ) Tj ET Q q 0 0 0 rg BT 112.89 665.10 Td (presentation ) Tj ET Q q 0 0 0 rg BT 164.83 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 182.35 665.10 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 225.97 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 237.37 665.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 278.76 665.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 317.93 665.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 346.01 665.10 Td (as ) Tj ET Q q 0 0 0 rg BT 357.41 665.10 Td (well ) Tj ET Q q 0 0 0 rg BT 377.71 665.10 Td (as ) Tj ET Q q 0 0 0 rg BT 389.11 665.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 428.28 665.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 461.90 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 472.75 665.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 521.91 665.10 Td (contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 653.10 Td (held ) Tj ET Q q 0 0 0 rg BT 73.71 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 90.64 653.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 137.02 653.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 175.61 653.10 Td (with ) Tj ET Q q 0 0 0 rg BT 195.88 653.10 Td (discretionary ) Tj ET Q q 0 0 0 rg BT 250.58 653.10 Td (participation ) Tj ET Q q 0 0 0 rg BT 303.61 653.10 Td (features ) Tj ET Q q 0 0 0 rg BT 337.75 653.10 Td (issued. ) Tj ET Q q 0 0 0 rg BT 367.74 653.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 391.36 653.10 Td (17 ) Tj ET Q q 0 0 0 rg BT 403.85 653.10 Td (is ) Tj ET Q q 0 0 0 rg BT 413.02 653.10 Td (ef) Tj ET Q q 0 0 0 rg BT 420.60 653.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 450.30 653.10 Td (on ) Tj ET Q q 0 0 0 rg BT 462.79 653.10 Td (or ) Tj ET Q q 0 0 0 rg BT 473.62 653.10 Td (after ) Tj ET Q q 0 0 0 rg BT 494.43 653.10 Td (January ) Tj ET Q q 0 0 0 rg BT 528.02 653.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 538.02 653.10 Td (2021 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 641.10 Td (with ) Tj ET Q q 0 0 0 rg BT 74.23 641.10 Td (early ) Tj ET Q q 0 0 0 rg BT 96.67 641.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 134.12 641.10 Td (allowed ) Tj ET Q q 0 0 0 rg BT 168.23 641.10 Td (if ) Tj ET Q q 0 0 0 rg BT 176.80 641.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 200.38 641.10 Td (15 ) Tj ET Q q 0 0 0 rg BT 212.83 641.10 Td (- ) Tj ET Q q 0 0 0 rg BT 218.62 641.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 256.06 641.10 Td (from ) Tj ET Q q 0 0 0 rg BT 277.95 641.10 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 318.73 641.10 Td (with ) Tj ET Q q 0 0 0 rg BT 338.96 641.10 Td (Customers ) Tj ET Q q 0 0 0 rg BT 384.20 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 401.09 641.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 424.67 641.10 Td (9 ) Tj ET Q q 0 0 0 rg BT 432.12 641.10 Td (- ) Tj ET Q q 0 0 0 rg BT 437.91 641.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 477.58 641.10 Td (Instruments ) Tj ET Q q 0 0 0 rg BT 527.25 641.10 Td (are ) Tj ET Q q 0 0 0 rg BT 541.91 641.10 Td (also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 629.10 Td (applied. ) Tj ET Q q 0 0 0 rg BT 88.25 629.10 Td (The ) Tj ET Q q 0 0 0 rg BT 106.30 629.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 134.35 629.10 Td (does ) Tj ET Q q 0 0 0 rg BT 155.18 629.10 Td (not ) Tj ET Q q 0 0 0 rg BT 170.46 629.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 199.05 629.10 Td (any ) Tj ET Q q 0 0 0 rg BT 215.99 629.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 245.70 629.10 Td (from ) Tj ET Q q 0 0 0 rg BT 267.64 629.10 Td (the ) Tj ET Q q 0 0 0 rg BT 282.36 629.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 319.85 629.10 Td (of ) Tj ET Q q 0 0 0 rg BT 330.68 629.10 Td (this ) Tj ET Q q 0 0 0 rg BT 347.63 629.10 Td (standard.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 605.10 Td (In ) Tj ET Q q 0 0 0 rg BT 101.75 605.10 Td (June ) Tj ET Q q 0 0 0 rg BT 123.50 605.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 146.93 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 162.56 605.10 Td (IASB ) Tj ET Q q 0 0 0 rg BT 188.77 605.10 Td (issued ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 217.19 605.10 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 246.16 605.10 Td (Interpr) Tj ET Q q 0 0 0 rg BT 274.12 605.10 Td (etation ) Tj ET Q q 0 0 0 rg BT 305.31 605.10 Td (23 ) Tj ET Q q 0 0 0 rg BT 318.74 605.10 Td (- ) Tj ET Q q 0 0 0 rg BT 325.49 605.10 Td (Uncertainty ) Tj ET Q q 0 0 0 rg BT 376.67 605.10 Td (over ) Tj ET Q q 0 0 0 rg BT 397.86 605.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 430.71 605.10 Td (T) Tj ET Q q 0 0 0 rg BT 435.36 605.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 448.22 605.10 Td (T) Tj ET Q q 0 0 0 rg BT 453.23 605.10 Td (r) Tj ET Q q 0 0 0 rg BT 456.75 605.10 Td (eatments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.30 605.10 Td ( ) Tj ET Q q 0 0 0 rg BT 495.72 605.10 Td (which ) Tj ET Q q 0 0 0 rg BT 523.58 605.10 Td (provides ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 593.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 109.07 593.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 150.25 593.10 Td (how ) Tj ET Q q 0 0 0 rg BT 170.35 593.10 Td (to ) Tj ET Q q 0 0 0 rg BT 180.99 593.10 Td (reflect ) Tj ET Q q 0 0 0 rg BT 209.39 593.10 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 263.35 593.10 Td (in ) Tj ET Q q 0 0 0 rg BT 274.00 593.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 320.74 593.10 Td (for ) Tj ET Q q 0 0 0 rg BT 335.27 593.10 Td (income ) Tj ET Q q 0 0 0 rg BT 367.57 593.10 Td (taxes. ) Tj ET Q q 0 0 0 rg BT 393.28 593.10 Td (The ) Tj ET Q q 0 0 0 rg BT 411.69 593.10 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 468.43 593.10 Td (is ) Tj ET Q q 0 0 0 rg BT 477.97 593.10 Td (ef) Tj ET Q q 0 0 0 rg BT 485.56 593.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 515.63 593.10 Td (on ) Tj ET Q q 0 0 0 rg BT 528.49 593.10 Td (or ) Tj ET Q q 0 0 0 rg BT 539.69 593.10 Td (after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 581.10 Td (January ) Tj ET Q q 0 0 0 rg BT 87.60 581.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 97.60 581.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 122.42 581.10 Td (The ) Tj ET Q q 0 0 0 rg BT 140.46 581.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 168.52 581.10 Td (is ) Tj ET Q q 0 0 0 rg BT 177.69 581.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 216.28 581.10 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 260.43 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 275.15 581.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 304.86 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 315.69 581.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 353.18 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 364.01 581.10 Td (this ) Tj ET Q q 0 0 0 rg BT 380.96 581.10 Td (interpretation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 569.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 557.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 557.10 Td (In ) Tj ET Q q 0 0 0 rg BT 100.71 557.10 Td (October ) Tj ET Q q 0 0 0 rg BT 135.29 557.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 157.67 557.10 Td (the ) Tj ET Q q 0 0 0 rg BT 172.26 557.10 Td (IASB ) Tj ET Q q 0 0 0 rg BT 197.42 557.10 Td (issued ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 224.80 557.10 Td (Amendments ) Tj ET Q q 0 0 0 rg BT 278.27 557.10 Td (to ) Tj ET Q q 0 0 0 rg BT 288.43 557.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 311.35 557.10 Td (9 ) Tj ET Q q 0 0 0 rg BT 318.73 557.10 Td (- ) Tj ET Q q 0 0 0 rg BT 324.44 557.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 365.70 557.10 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.92 557.10 Td ( ) Tj ET Q q 0 0 0 rg BT 415.29 557.10 Td (that ) Tj ET Q q 0 0 0 rg BT 432.67 557.10 Td (allow) Tj ET Q q 0 0 0 rg BT 454.23 557.10 Td (, ) Tj ET Q q 0 0 0 rg BT 459.11 557.10 Td (under ) Tj ET Q q 0 0 0 rg BT 484.26 557.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 513.84 557.10 Td (conditions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 545.10 Td (for ) Tj ET Q q 0 0 0 rg BT 67.93 545.10 Td (a ) Tj ET Q q 0 0 0 rg BT 74.63 545.10 Td (prepayable ) Tj ET Q q 0 0 0 rg BT 120.77 545.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 158.01 545.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 179.72 545.10 Td (with ) Tj ET Q q 0 0 0 rg BT 199.77 545.10 Td (negative ) Tj ET Q q 0 0 0 rg BT 235.91 545.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 293.72 545.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 334.31 545.10 Td (to ) Tj ET Q q 0 0 0 rg BT 344.36 545.10 Td (be ) Tj ET Q q 0 0 0 rg BT 356.06 545.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 396.65 545.10 Td (at ) Tj ET Q q 0 0 0 rg BT 406.13 545.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 448.38 545.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 466.76 545.10 Td (or ) Tj ET Q q 0 0 0 rg BT 477.35 545.10 Td (at ) Tj ET Q q 0 0 0 rg BT 486.84 545.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 502.98 545.10 Td (value ) Tj ET Q q 0 0 0 rg BT 526.91 545.10 Td (through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 533.10 Td (other ) Tj ET Q q 0 0 0 rg BT 76.81 533.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 139.61 533.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 173.65 533.10 Td (The ) Tj ET Q q 0 0 0 rg BT 191.46 533.10 Td (final ) Tj ET Q q 0 0 0 rg BT 212.05 533.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 264.86 533.10 Td (also ) Tj ET Q q 0 0 0 rg BT 283.23 533.10 Td (contain ) Tj ET Q q 0 0 0 rg BT 314.93 533.10 Td (a ) Tj ET Q q 0 0 0 rg BT 321.63 533.10 Td (clarification ) Tj ET Q q 0 0 0 rg BT 372.21 533.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 405.01 533.10 Td (to ) Tj ET Q q 0 0 0 rg BT 415.06 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 429.54 533.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 475.68 533.10 Td (for ) Tj ET Q q 0 0 0 rg BT 489.60 533.10 Td (a ) Tj ET Q q 0 0 0 rg BT 496.31 533.10 Td (modification ) Tj ET Q q 0 0 0 rg BT 549.67 533.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 521.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 94.60 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 105.77 521.10 Td (a ) Tj ET Q q 0 0 0 rg BT 113.05 521.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 150.87 521.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 184.82 521.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 225.98 521.10 Td (at ) Tj ET Q q 0 0 0 rg BT 236.04 521.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 278.86 521.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 297.81 521.10 Td (that ) Tj ET Q q 0 0 0 rg BT 315.65 521.10 Td (does ) Tj ET Q q 0 0 0 rg BT 336.82 521.10 Td (not ) Tj ET Q q 0 0 0 rg BT 352.44 521.10 Td (result ) Tj ET Q q 0 0 0 rg BT 377.50 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 388.12 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 403.17 521.10 Td (derecognition ) Tj ET Q q 0 0 0 rg BT 461.00 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 472.17 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 487.23 521.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 525.05 521.10 Td (liability) Tj ET Q q 0 0 0 rg BT 555.51 521.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 509.10 Td (The ) Tj ET Q q 0 0 0 rg BT 72.30 509.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 125.60 509.10 Td (are ) Tj ET Q q 0 0 0 rg BT 140.57 509.10 Td (ef) Tj ET Q q 0 0 0 rg BT 148.16 509.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 178.12 509.10 Td (on ) Tj ET Q q 0 0 0 rg BT 190.88 509.10 Td (or ) Tj ET Q q 0 0 0 rg BT 201.96 509.10 Td (after ) Tj ET Q q 0 0 0 rg BT 223.04 509.10 Td (January ) Tj ET Q q 0 0 0 rg BT 256.89 509.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 267.15 509.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 292.21 509.10 Td (The ) Tj ET Q q 0 0 0 rg BT 310.51 509.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 338.82 509.10 Td (does ) Tj ET Q q 0 0 0 rg BT 359.91 509.10 Td (not ) Tj ET Q q 0 0 0 rg BT 375.45 509.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 404.30 509.10 Td (any ) Tj ET Q q 0 0 0 rg BT 421.49 509.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 451.46 509.10 Td (from ) Tj ET Q q 0 0 0 rg BT 473.66 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 488.64 509.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 526.39 509.10 Td (of ) Tj ET Q q 0 0 0 rg BT 537.48 509.10 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 497.10 Td (amendments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 473.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 473.10 Td (In ) Tj ET Q q 0 0 0 rg BT 101.49 473.10 Td (October ) Tj ET Q q 0 0 0 rg BT 136.85 473.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 160.00 473.10 Td (the ) Tj ET Q q 0 0 0 rg BT 175.38 473.10 Td (IASB ) Tj ET Q q 0 0 0 rg BT 201.32 473.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 229.47 473.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 283.17 473.10 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 294.10 473.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 311.70 473.10 Td (28 ) Tj ET Q q 0 0 0 rg BT 324.85 473.10 Td (- ) Tj ET Q q 0 0 0 rg BT 331.34 473.10 Td (Long ) Tj ET Q q 0 0 0 rg BT 355.06 473.10 Td (T) Tj ET Q q 0 0 0 rg BT 359.70 473.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 378.41 473.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 397.48 473.10 Td (ests ) Tj ET Q q 0 0 0 rg BT 415.63 473.10 Td (in ) Tj ET Q q 0 0 0 rg BT 426.34 473.10 Td (Associates ) Tj ET Q q 0 0 0 rg BT 471.71 473.10 Td (and ) Tj ET Q q 0 0 0 rg BT 489.86 473.10 Td (Joint ) Tj ET Q q 0 0 0 rg BT 513.02 473.10 Td (V) Tj ET Q q 0 0 0 rg BT 518.02 473.10 Td (entur) Tj ET Q q 0 0 0 rg BT 538.75 473.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.08 473.10 Td ( ) Tj ET Q q 0 0 0 rg BT 550.24 473.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 461.10 Td (clarify ) Tj ET Q q 0 0 0 rg BT 82.78 461.10 Td (that ) Tj ET Q q 0 0 0 rg BT 100.46 461.10 Td (an ) Tj ET Q q 0 0 0 rg BT 112.59 461.10 Td (entity ) Tj ET Q q 0 0 0 rg BT 138.05 461.10 Td (applies ) Tj ET Q q 0 0 0 rg BT 169.07 461.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 192.88 461.10 Td (9 ) Tj ET Q q 0 0 0 rg BT 200.56 461.10 Td (to ) Tj ET Q q 0 0 0 rg BT 211.03 461.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 253.15 461.10 Td (interests ) Tj ET Q q 0 0 0 rg BT 289.17 461.10 Td (in ) Tj ET Q q 0 0 0 rg BT 299.63 461.10 Td (an ) Tj ET Q q 0 0 0 rg BT 311.76 461.10 Td (associate ) Tj ET Q q 0 0 0 rg BT 350.54 461.10 Td (or ) Tj ET Q q 0 0 0 rg BT 361.56 461.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 382.58 461.10 Td (venture ) Tj ET Q q 0 0 0 rg BT 415.25 461.10 Td (that ) Tj ET Q q 0 0 0 rg BT 432.94 461.10 Td (form ) Tj ET Q q 0 0 0 rg BT 455.06 461.10 Td (part ) Tj ET Q q 0 0 0 rg BT 473.30 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 484.32 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 499.22 461.10 Td (net ) Tj ET Q q 0 0 0 rg BT 514.13 461.10 Td (investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 449.10 Td (in ) Tj ET Q q 0 0 0 rg BT 64.35 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 79.13 449.10 Td (associate ) Tj ET Q q 0 0 0 rg BT 117.79 449.10 Td (or ) Tj ET Q q 0 0 0 rg BT 128.69 449.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 149.59 449.10 Td (venture ) Tj ET Q q 0 0 0 rg BT 182.14 449.10 Td (but ) Tj ET Q q 0 0 0 rg BT 197.49 449.10 Td (to ) Tj ET Q q 0 0 0 rg BT 207.83 449.10 Td (which ) Tj ET Q q 0 0 0 rg BT 234.84 449.10 Td (the ) Tj ET Q q 0 0 0 rg BT 249.63 449.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 277.19 449.10 Td (method ) Tj ET Q q 0 0 0 rg BT 309.75 449.10 Td (is ) Tj ET Q q 0 0 0 rg BT 318.99 449.10 Td (not ) Tj ET Q q 0 0 0 rg BT 334.33 449.10 Td (applied. ) Tj ET Q q 0 0 0 rg BT 368.65 449.10 Td (The ) Tj ET Q q 0 0 0 rg BT 386.76 449.10 Td (amendment ) Tj ET Q q 0 0 0 rg BT 435.98 449.10 Td (is ) Tj ET Q q 0 0 0 rg BT 445.22 449.10 Td (ef) Tj ET Q q 0 0 0 rg BT 452.81 449.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 482.58 449.10 Td (on ) Tj ET Q q 0 0 0 rg BT 495.14 449.10 Td (or ) Tj ET Q q 0 0 0 rg BT 506.04 449.10 Td (after ) Tj ET Q q 0 0 0 rg BT 526.92 449.10 Td (January ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 437.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 64.00 437.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 88.82 437.10 Td (The ) Tj ET Q q 0 0 0 rg BT 106.87 437.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 134.92 437.10 Td (does ) Tj ET Q q 0 0 0 rg BT 155.75 437.10 Td (not ) Tj ET Q q 0 0 0 rg BT 171.03 437.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 199.62 437.10 Td (a ) Tj ET Q q 0 0 0 rg BT 206.56 437.10 Td (material ) Tj ET Q q 0 0 0 rg BT 241.82 437.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 271.53 437.10 Td (from ) Tj ET Q q 0 0 0 rg BT 293.47 437.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.18 437.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 345.68 437.10 Td (of ) Tj ET Q q 0 0 0 rg BT 356.51 437.10 Td (these ) Tj ET Q q 0 0 0 rg BT 379.56 437.10 Td (amendments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 413.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 413.10 Td (In ) Tj ET Q q 0 0 0 rg BT 100.79 413.10 Td (December ) Tj ET Q q 0 0 0 rg BT 144.34 413.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 166.80 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 181.48 413.10 Td (IASB ) Tj ET Q q 0 0 0 rg BT 206.73 413.10 Td (issued ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 234.19 413.10 Td (Annual ) Tj ET Q q 0 0 0 rg BT 265.54 413.10 Td (Impr) Tj ET Q q 0 0 0 rg BT 284.61 413.10 Td (ovements ) Tj ET Q q 0 0 0 rg BT 324.28 413.10 Td (to ) Tj ET Q q 0 0 0 rg BT 334.52 413.10 Td (IFRSs ) Tj ET Q q 0 0 0 rg BT 361.42 413.10 Td (2015 ) Tj ET Q q 0 0 0 rg BT 383.88 413.10 Td (- ) Tj ET Q q 0 0 0 rg BT 389.68 413.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 412.14 413.10 Td (Cycle) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.90 413.10 Td (, ) Tj ET Q q 0 0 0 rg BT 439.86 413.10 Td (which ) Tj ET Q q 0 0 0 rg BT 466.77 413.10 Td (has ) Tj ET Q q 0 0 0 rg BT 482.56 413.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 535.56 413.10 Td (to ) Tj ET Q q 0 0 0 rg BT 545.80 413.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 401.10 Td (following ) Tj ET Q q 0 0 0 rg BT 95.20 401.10 Td (four ) Tj ET Q q 0 0 0 rg BT 114.16 401.10 Td (Standards: ) Tj ET Q q 0 0 0 rg BT 158.69 401.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 182.12 401.10 Td (3 ) Tj ET Q q 0 0 0 rg BT 189.43 401.10 Td (- ) Tj ET Q q 0 0 0 rg BT 195.07 401.10 Td (Business ) Tj ET Q q 0 0 0 rg BT 232.94 401.10 Td (Combinations, ) Tj ET Q q 0 0 0 rg BT 293.86 401.10 Td (in ) Tj ET Q q 0 0 0 rg BT 303.95 401.10 Td (relation ) Tj ET Q q 0 0 0 rg BT 336.80 401.10 Td (to ) Tj ET Q q 0 0 0 rg BT 346.88 401.10 Td (obtaining ) Tj ET Q q 0 0 0 rg BT 386.97 401.10 Td (control ) Tj ET Q q 0 0 0 rg BT 417.60 401.10 Td (of ) Tj ET Q q 0 0 0 rg BT 428.24 401.10 Td (a ) Tj ET Q q 0 0 0 rg BT 434.99 401.10 Td (business ) Tj ET Q q 0 0 0 rg BT 471.19 401.10 Td (which ) Tj ET Q q 0 0 0 rg BT 497.93 401.10 Td (was ) Tj ET Q q 0 0 0 rg BT 515.79 401.10 Td (previously ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 389.10 Td (accounted ) Tj ET Q q 0 0 0 rg BT 96.65 389.10 Td (for ) Tj ET Q q 0 0 0 rg BT 110.42 389.10 Td (as ) Tj ET Q q 0 0 0 rg BT 120.87 389.10 Td (an ) Tj ET Q q 0 0 0 rg BT 132.42 389.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 163.97 389.10 Td (in ) Tj ET Q q 0 0 0 rg BT 173.86 389.10 Td (a ) Tj ET Q q 0 0 0 rg BT 180.41 389.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 200.86 389.10 Td (operation, ) Tj ET Q q 0 0 0 rg BT 243.24 389.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 266.48 389.10 Td (1) Tj ET Q q 0 0 0 rg BT 271.10 389.10 Td (1- ) Tj ET Q q 0 0 0 rg BT 281.55 389.10 Td (Joint ) Tj ET Q q 0 0 0 rg BT 302.64 389.10 Td (Arrangements, ) Tj ET Q q 0 0 0 rg BT 363.90 389.10 Td (in ) Tj ET Q q 0 0 0 rg BT 373.80 389.10 Td (relation ) Tj ET Q q 0 0 0 rg BT 406.45 389.10 Td (to ) Tj ET Q q 0 0 0 rg BT 416.35 389.10 Td (obtaining ) Tj ET Q q 0 0 0 rg BT 456.23 389.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 476.68 389.10 Td (control ) Tj ET Q q 0 0 0 rg BT 507.12 389.10 Td (of ) Tj ET Q q 0 0 0 rg BT 517.57 389.10 Td (a ) Tj ET Q q 0 0 0 rg BT 524.12 389.10 Td (business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 377.10 Td (which ) Tj ET Q q 0 0 0 rg BT 80.79 377.10 Td (was ) Tj ET Q q 0 0 0 rg BT 98.70 377.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 143.27 377.10 Td (accounted ) Tj ET Q q 0 0 0 rg BT 186.16 377.10 Td (for ) Tj ET Q q 0 0 0 rg BT 200.18 377.10 Td (as ) Tj ET Q q 0 0 0 rg BT 210.87 377.10 Td (a ) Tj ET Q q 0 0 0 rg BT 217.66 377.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 238.35 377.10 Td (operation, ) Tj ET Q q 0 0 0 rg BT 280.97 377.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 299.44 377.10 Td (12 ) Tj ET Q q 0 0 0 rg BT 311.80 377.10 Td (- ) Tj ET Q q 0 0 0 rg BT 317.48 377.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 349.65 377.10 Td (T) Tj ET Q q 0 0 0 rg BT 355.06 377.10 Td (axes, ) Tj ET Q q 0 0 0 rg BT 377.69 377.10 Td (clarifying ) Tj ET Q q 0 0 0 rg BT 418.92 377.10 Td (the ) Tj ET Q q 0 0 0 rg BT 433.49 377.10 Td (treatment ) Tj ET Q q 0 0 0 rg BT 473.60 377.10 Td (of ) Tj ET Q q 0 0 0 rg BT 484.29 377.10 Td (taxes ) Tj ET Q q 0 0 0 rg BT 507.19 377.10 Td (in ) Tj ET Q q 0 0 0 rg BT 517.33 377.10 Td (relation ) Tj ET Q q 0 0 0 rg BT 550.22 377.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 365.10 Td (dividend ) Tj ET Q q 0 0 0 rg BT 91.91 365.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 133.15 365.10 Td (and ) Tj ET Q q 0 0 0 rg BT 150.50 365.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 169.53 365.10 Td (23 ) Tj ET Q q 0 0 0 rg BT 182.44 365.10 Td (- ) Tj ET Q q 0 0 0 rg BT 188.69 365.10 Td (Borrowing ) Tj ET Q q 0 0 0 rg BT 234.93 365.10 Td (Costs, ) Tj ET Q q 0 0 0 rg BT 262.58 365.10 Td (clarifying ) Tj ET Q q 0 0 0 rg BT 304.36 365.10 Td (the ) Tj ET Q q 0 0 0 rg BT 319.49 365.10 Td (treatment ) Tj ET Q q 0 0 0 rg BT 360.17 365.10 Td (of ) Tj ET Q q 0 0 0 rg BT 371.41 365.10 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 419.88 365.10 Td (which ) Tj ET Q q 0 0 0 rg BT 447.23 365.10 Td (were ) Tj ET Q q 0 0 0 rg BT 469.57 365.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 514.70 365.10 Td (capitalized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 353.10 Td (when ) Tj ET Q q 0 0 0 rg BT 77.74 353.10 Td (the ) Tj ET Q q 0 0 0 rg BT 92.03 353.10 Td (related ) Tj ET Q q 0 0 0 rg BT 121.30 353.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 142.82 353.10 Td (is ) Tj ET Q q 0 0 0 rg BT 151.56 353.10 Td (ready ) Tj ET Q q 0 0 0 rg BT 175.85 353.10 Td (for ) Tj ET Q q 0 0 0 rg BT 189.58 353.10 Td (its ) Tj ET Q q 0 0 0 rg BT 201.10 353.10 Td (intended ) Tj ET Q q 0 0 0 rg BT 237.61 353.10 Td (use ) Tj ET Q q 0 0 0 rg BT 253.02 353.10 Td (or ) Tj ET Q q 0 0 0 rg BT 263.42 353.10 Td (sale. ) Tj ET Q q 0 0 0 rg BT 283.40 353.10 Td (The ) Tj ET Q q 0 0 0 rg BT 301.02 353.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 353.64 353.10 Td (are ) Tj ET Q q 0 0 0 rg BT 367.92 353.10 Td (ef) Tj ET Q q 0 0 0 rg BT 375.51 353.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 404.78 353.10 Td (on ) Tj ET Q q 0 0 0 rg BT 416.86 353.10 Td (or ) Tj ET Q q 0 0 0 rg BT 427.26 353.10 Td (after ) Tj ET Q q 0 0 0 rg BT 447.65 353.10 Td (January ) Tj ET Q q 0 0 0 rg BT 480.83 353.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 490.40 353.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 514.83 353.10 Td (The ) Tj ET Q q 0 0 0 rg BT 532.45 353.10 Td (Group ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 341.10 Td (is ) Tj ET Q q 0 0 0 rg BT 63.17 341.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 101.76 341.10 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 145.91 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 160.63 341.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 190.34 341.10 Td (of ) Tj ET Q q 0 0 0 rg BT 201.17 341.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 238.67 341.10 Td (of ) Tj ET Q q 0 0 0 rg BT 249.50 341.10 Td (these ) Tj ET Q q 0 0 0 rg BT 272.54 341.10 Td (amendments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 317.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 317.10 Td (In ) Tj ET Q q 0 0 0 rg BT 101.23 317.10 Td (February ) Tj ET Q q 0 0 0 rg BT 140.24 317.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 163.14 317.10 Td (the ) Tj ET Q q 0 0 0 rg BT 178.26 317.10 Td (IASB ) Tj ET Q q 0 0 0 rg BT 203.95 317.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 231.85 317.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 285.30 317.10 Td (to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 295.98 317.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 313.33 317.10 Td (19 ) Tj ET Q q 0 0 0 rg BT 326.23 317.10 Td (- ) Tj ET Q q 0 0 0 rg BT 332.46 317.10 Td (Employee ) Tj ET Q q 0 0 0 rg BT 374.79 317.10 Td (Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 317.10 Td (. ) Tj ET Q q 0 0 0 rg BT 412.20 317.10 Td (When ) Tj ET Q q 0 0 0 rg BT 438.98 317.10 Td (there ) Tj ET Q q 0 0 0 rg BT 461.87 317.10 Td (is ) Tj ET Q q 0 0 0 rg BT 471.44 317.10 Td (a ) Tj ET Q q 0 0 0 rg BT 478.79 317.10 Td (change ) Tj ET Q q 0 0 0 rg BT 510.01 317.10 Td (to ) Tj ET Q q 0 0 0 rg BT 520.69 317.10 Td (a ) Tj ET Q q 0 0 0 rg BT 528.03 317.10 Td (defined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 305.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 84.58 305.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 104.61 305.10 Td (\(an ) Tj ET Q q 0 0 0 rg BT 120.19 305.10 Td (amendment, ) Tj ET Q q 0 0 0 rg BT 172.15 305.10 Td (curtailment ) Tj ET Q q 0 0 0 rg BT 220.50 305.10 Td (or ) Tj ET Q q 0 0 0 rg BT 231.64 305.10 Td (settlement\) ) Tj ET Q q 0 0 0 rg BT 278.88 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 293.91 305.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 347.27 305.10 Td (require ) Tj ET Q q 0 0 0 rg BT 378.39 305.10 Td (that ) Tj ET Q q 0 0 0 rg BT 396.20 305.10 Td (a ) Tj ET Q q 0 0 0 rg BT 403.45 305.10 Td (company ) Tj ET Q q 0 0 0 rg BT 442.92 305.10 Td (use ) Tj ET Q q 0 0 0 rg BT 459.06 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 474.09 305.10 Td (updated ) Tj ET Q q 0 0 0 rg BT 508.56 305.10 Td (assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 293.10 Td (from ) Tj ET Q q 0 0 0 rg BT 76.90 293.10 Td (the ) Tj ET Q q 0 0 0 rg BT 92.57 293.10 Td (remeasurement ) Tj ET Q q 0 0 0 rg BT 157.11 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 168.90 293.10 Td (a ) Tj ET Q q 0 0 0 rg BT 176.80 293.10 Td (net ) Tj ET Q q 0 0 0 rg BT 192.48 293.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 225.92 293.10 Td (benefit ) Tj ET Q q 0 0 0 rg BT 257.14 293.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 291.71 293.10 Td (or ) Tj ET Q q 0 0 0 rg BT 303.50 293.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 326.40 293.10 Td (to ) Tj ET Q q 0 0 0 rg BT 337.64 293.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 381.08 293.10 Td (current ) Tj ET Q q 0 0 0 rg BT 412.85 293.10 Td (service ) Tj ET Q q 0 0 0 rg BT 444.63 293.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 464.20 293.10 Td (and ) Tj ET Q q 0 0 0 rg BT 482.09 293.10 Td (net ) Tj ET Q q 0 0 0 rg BT 497.77 293.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 530.66 293.10 Td (for ) Tj ET Q q 0 0 0 rg BT 545.78 293.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 281.10 Td (remainder ) Tj ET Q q 0 0 0 rg BT 96.81 281.10 Td (of ) Tj ET Q q 0 0 0 rg BT 107.41 281.10 Td (the ) Tj ET Q q 0 0 0 rg BT 121.91 281.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 160.84 281.10 Td (period ) Tj ET Q q 0 0 0 rg BT 188.66 281.10 Td (after ) Tj ET Q q 0 0 0 rg BT 209.25 281.10 Td (the ) Tj ET Q q 0 0 0 rg BT 223.74 281.10 Td (change ) Tj ET Q q 0 0 0 rg BT 254.33 281.10 Td (to ) Tj ET Q q 0 0 0 rg BT 264.39 281.10 Td (the ) Tj ET Q q 0 0 0 rg BT 278.88 281.10 Td (plan. ) Tj ET Q q 0 0 0 rg BT 300.71 281.10 Td (These ) Tj ET Q q 0 0 0 rg BT 326.86 281.10 Td (amendments ) Tj ET Q q 0 0 0 rg BT 379.68 281.10 Td (are ) Tj ET Q q 0 0 0 rg BT 394.16 281.10 Td (ef) Tj ET Q q 0 0 0 rg BT 401.75 281.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 431.22 281.10 Td (on ) Tj ET Q q 0 0 0 rg BT 443.50 281.10 Td (or ) Tj ET Q q 0 0 0 rg BT 454.10 281.10 Td (after ) Tj ET Q q 0 0 0 rg BT 474.69 281.10 Td (January ) Tj ET Q q 0 0 0 rg BT 508.07 281.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 517.84 281.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 542.46 281.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 269.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 82.05 269.10 Td (does ) Tj ET Q q 0 0 0 rg BT 102.88 269.10 Td (not ) Tj ET Q q 0 0 0 rg BT 118.16 269.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 146.75 269.10 Td (a ) Tj ET Q q 0 0 0 rg BT 153.69 269.10 Td (material ) Tj ET Q q 0 0 0 rg BT 188.95 269.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 218.66 269.10 Td (from ) Tj ET Q q 0 0 0 rg BT 240.60 269.10 Td (the ) Tj ET Q q 0 0 0 rg BT 255.32 269.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 292.81 269.10 Td (of ) Tj ET Q q 0 0 0 rg BT 303.64 269.10 Td (these ) Tj ET Q q 0 0 0 rg BT 326.69 269.10 Td (amendments.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 54.00 245.10 Td (Review of the Conceptual Framework for Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 221.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 221.10 Td (In ) Tj ET Q q 0 0 0 rg BT 101.20 221.10 Td (March ) Tj ET Q q 0 0 0 rg BT 130.16 221.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 153.03 221.10 Td (the ) Tj ET Q q 0 0 0 rg BT 168.12 221.10 Td (IASB ) Tj ET Q q 0 0 0 rg BT 193.77 221.10 Td (revised ) Tj ET Q q 0 0 0 rg BT 225.51 221.10 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 240.60 221.10 Td (Conceptual ) Tj ET Q q 0 0 0 rg BT 289.57 221.10 Td (Framework ) Tj ET Q q 0 0 0 rg BT 339.10 221.10 Td (for ) Tj ET Q q 0 0 0 rg BT 353.63 221.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 395.38 221.10 Td (Reporting, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.75 221.10 Td (ef) Tj ET Q q 0 0 0 rg BT 448.33 221.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 478.40 221.10 Td (immediately ) Tj ET Q q 0 0 0 rg BT 531.26 221.10 Td (for ) Tj ET Q q 0 0 0 rg BT 545.78 221.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 209.10 Td (IASB ) Tj ET Q q 0 0 0 rg BT 79.50 209.10 Td (and ) Tj ET Q q 0 0 0 rg BT 96.66 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 111.60 209.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 135.45 209.10 Td (Interpretations ) Tj ET Q q 0 0 0 rg BT 196.48 209.10 Td (Committee ) Tj ET Q q 0 0 0 rg BT 243.64 209.10 Td (when ) Tj ET Q q 0 0 0 rg BT 268.02 209.10 Td (setting ) Tj ET Q q 0 0 0 rg BT 297.41 209.10 Td (future ) Tj ET Q q 0 0 0 rg BT 324.00 209.10 Td (standards, ) Tj ET Q q 0 0 0 rg BT 366.99 209.10 Td (and ) Tj ET Q q 0 0 0 rg BT 384.15 209.10 Td (ef) Tj ET Q q 0 0 0 rg BT 391.74 209.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 421.66 209.10 Td (for ) Tj ET Q q 0 0 0 rg BT 436.05 209.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 465.42 209.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 504.80 209.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 536.96 209.10 Td (on ) Tj ET Q q 0 0 0 rg BT 549.68 209.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 197.10 Td (after ) Tj ET Q q 0 0 0 rg BT 74.35 197.10 Td (January ) Tj ET Q q 0 0 0 rg BT 107.48 197.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 117.02 197.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 139.05 197.10 Td (for ) Tj ET Q q 0 0 0 rg BT 152.75 197.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 197.55 197.10 Td (that ) Tj ET Q q 0 0 0 rg BT 214.58 197.10 Td (use ) Tj ET Q q 0 0 0 rg BT 229.94 197.10 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 244.20 197.10 Td (Conceptual ) Tj ET Q q 0 0 0 rg BT 292.33 197.10 Td (Framework) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 197.10 Td ( ) Tj ET Q q 0 0 0 rg BT 341.03 197.10 Td (to ) Tj ET Q q 0 0 0 rg BT 350.84 197.10 Td (develop ) Tj ET Q q 0 0 0 rg BT 384.53 197.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 430.44 197.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 463.58 197.10 Td (when ) Tj ET Q q 0 0 0 rg BT 487.28 197.10 Td (no ) Tj ET Q q 0 0 0 rg BT 499.31 197.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 522.47 197.10 Td (Standard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 185.10 Td (applies ) Tj ET Q q 0 0 0 rg BT 86.02 185.10 Td (to ) Tj ET Q q 0 0 0 rg BT 97.50 185.10 Td (a ) Tj ET Q q 0 0 0 rg BT 105.64 185.10 Td (particular ) Tj ET Q q 0 0 0 rg BT 147.65 185.10 Td (transaction, ) Tj ET Q q 0 0 0 rg BT 197.72 185.10 Td (with ) Tj ET Q q 0 0 0 rg BT 219.20 185.10 Td (early ) Tj ET Q q 0 0 0 rg BT 242.88 185.10 Td (application ) Tj ET Q q 0 0 0 rg BT 291.01 185.10 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 335.53 185.10 Td (Key ) Tj ET Q q 0 0 0 rg BT 355.88 185.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 391.79 185.10 Td (include ) Tj ET Q q 0 0 0 rg BT 424.92 185.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 438.06 185.10 Td (increasing ) Tj ET Q q 0 0 0 rg BT 482.85 185.10 Td (the ) Tj ET Q q 0 0 0 rg BT 498.77 185.10 Td (prominence ) Tj ET Q q 0 0 0 rg BT 549.67 185.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 173.10 Td (stewardship ) Tj ET Q q 0 0 0 rg BT 103.81 173.10 Td (in ) Tj ET Q q 0 0 0 rg BT 113.63 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 127.89 173.10 Td (objective ) Tj ET Q q 0 0 0 rg BT 166.59 173.10 Td (of ) Tj ET Q q 0 0 0 rg BT 176.96 173.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 213.99 173.10 Td (reporting; ) Tj ET Q q 0 0 0 rg BT 255.46 173.10 Td (\(ii\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 267.68 173.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.72 173.10 Td (reinstating ) Tj ET Q q 0 0 0 rg BT 313.98 173.10 Td (prudence ) Tj ET Q q 0 0 0 rg BT 352.67 173.10 Td (as ) Tj ET Q q 0 0 0 rg BT 363.04 173.10 Td (a ) Tj ET Q q 0 0 0 rg BT 369.52 173.10 Td (component ) Tj ET Q q 0 0 0 rg BT 416.00 173.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.37 173.10 Td (neutrality) Tj ET Q q 0 0 0 rg BT 464.04 173.10 Td (, ) Tj ET Q q 0 0 0 rg BT 468.59 173.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 500.62 173.10 Td (as ) Tj ET Q q 0 0 0 rg BT 510.99 173.10 Td (the ) Tj ET Q q 0 0 0 rg BT 525.25 173.10 Td (exercise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 161.10 Td (of ) Tj ET Q q 0 0 0 rg BT 64.17 161.10 Td (caution ) Tj ET Q q 0 0 0 rg BT 95.45 161.10 Td (when ) Tj ET Q q 0 0 0 rg BT 118.96 161.10 Td (making ) Tj ET Q q 0 0 0 rg BT 150.80 161.10 Td (judgements ) Tj ET Q q 0 0 0 rg BT 198.75 161.10 Td (under ) Tj ET Q q 0 0 0 rg BT 223.36 161.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 266.87 161.10 Td (of ) Tj ET Q q 0 0 0 rg BT 277.04 161.10 Td (uncertainty; ) Tj ET Q q 0 0 0 rg BT 326.65 161.10 Td (\(iii\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 341.64 161.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.49 161.10 Td (defining ) Tj ET Q q 0 0 0 rg BT 378.66 161.10 Td (a ) Tj ET Q q 0 0 0 rg BT 384.94 161.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 423.44 161.10 Td (entity; ) Tj ET Q q 0 0 0 rg BT 450.84 161.10 Td (\(iv\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 465.28 161.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.12 161.10 Td (revising ) Tj ET Q q 0 0 0 rg BT 501.18 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 515.24 161.10 Td (definitions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 149.10 Td (of ) Tj ET Q q 0 0 0 rg BT 65.17 149.10 Td (an ) Tj ET Q q 0 0 0 rg BT 77.45 149.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 99.72 149.10 Td (and ) Tj ET Q q 0 0 0 rg BT 117.00 149.10 Td (a ) Tj ET Q q 0 0 0 rg BT 124.28 149.10 Td (liability; ) Tj ET Q q 0 0 0 rg BT 161.00 149.10 Td (\(v\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 172.66 149.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.50 149.10 Td (removing ) Tj ET Q q 0 0 0 rg BT 216.66 149.10 Td (the ) Tj ET Q q 0 0 0 rg BT 231.72 149.10 Td (probability ) Tj ET Q q 0 0 0 rg BT 278.44 149.10 Td (threshold ) Tj ET Q q 0 0 0 rg BT 318.49 149.10 Td (for ) Tj ET Q q 0 0 0 rg BT 332.99 149.10 Td (recognition, ) Tj ET Q q 0 0 0 rg BT 383.87 149.10 Td (and ) Tj ET Q q 0 0 0 rg BT 401.15 149.10 Td (adding ) Tj ET Q q 0 0 0 rg BT 431.20 149.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 470.14 149.10 Td (on ) Tj ET Q q 0 0 0 rg BT 482.98 149.10 Td (derecognition; ) Tj ET Q q 0 0 0 rg BT 543.57 149.10 Td (\(vi\)) Tj ET Q BT /F3 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 137.10 Td (adding ) Tj ET Q q 0 0 0 rg BT 83.17 137.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 121.22 137.10 Td (on ) Tj ET Q q 0 0 0 rg BT 133.18 137.10 Td (the ) Tj ET Q q 0 0 0 rg BT 147.35 137.10 Td (information ) Tj ET Q q 0 0 0 rg BT 196.52 137.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 234.02 137.10 Td (by ) Tj ET Q q 0 0 0 rg BT 245.98 137.10 Td (dif) Tj ET Q q 0 0 0 rg BT 256.90 137.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 282.17 137.10 Td (measurement ) Tj ET Q q 0 0 0 rg BT 337.44 137.10 Td (bases, ) Tj ET Q q 0 0 0 rg BT 363.56 137.10 Td (and ) Tj ET Q q 0 0 0 rg BT 379.95 137.10 Td (explaining ) Tj ET Q q 0 0 0 rg BT 424.12 137.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 453.28 137.10 Td (to ) Tj ET Q q 0 0 0 rg BT 463.01 137.10 Td (consider ) Tj ET Q q 0 0 0 rg BT 498.85 137.10 Td (when ) Tj ET Q q 0 0 0 rg BT 522.46 137.10 Td (selecting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 125.10 Td (a ) Tj ET Q q 0 0 0 rg BT 60.67 125.10 Td (measurement ) Tj ET Q q 0 0 0 rg BT 116.22 125.10 Td (basis; ) Tj ET Q q 0 0 0 rg BT 141.23 125.10 Td (and ) Tj ET Q q 0 0 0 rg BT 157.91 125.10 Td (\(vii\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 175.12 125.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.36 125.10 Td (stating ) Tj ET Q q 0 0 0 rg BT 206.26 125.10 Td (that ) Tj ET Q q 0 0 0 rg BT 223.49 125.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 247.94 125.10 Td (or ) Tj ET Q q 0 0 0 rg BT 258.51 125.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 276.30 125.10 Td (is ) Tj ET Q q 0 0 0 rg BT 285.21 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 299.66 125.10 Td (primary ) Tj ET Q q 0 0 0 rg BT 333.55 125.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 386.31 125.10 Td (indicator ) Tj ET Q q 0 0 0 rg BT 424.09 125.10 Td (and ) Tj ET Q q 0 0 0 rg BT 440.76 125.10 Td (income ) Tj ET Q q 0 0 0 rg BT 472.43 125.10 Td (and ) Tj ET Q q 0 0 0 rg BT 489.10 125.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 527.44 125.10 Td (in ) Tj ET Q q 0 0 0 rg BT 537.45 125.10 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 113.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 117.19 113.10 Td (income ) Tj ET Q q 0 0 0 rg BT 149.28 113.10 Td (should ) Tj ET Q q 0 0 0 rg BT 178.61 113.10 Td (be ) Tj ET Q q 0 0 0 rg BT 190.71 113.10 Td (recycled ) Tj ET Q q 0 0 0 rg BT 227.23 113.10 Td (where ) Tj ET Q q 0 0 0 rg BT 254.32 113.10 Td (the ) Tj ET Q q 0 0 0 rg BT 269.19 113.10 Td (relevance ) Tj ET Q q 0 0 0 rg BT 310.15 113.10 Td (or ) Tj ET Q q 0 0 0 rg BT 321.14 113.10 Td (faithful ) Tj ET Q q 0 0 0 rg BT 353.23 113.10 Td (representation ) Tj ET Q q 0 0 0 rg BT 412.53 113.10 Td (of ) Tj ET Q q 0 0 0 rg BT 423.52 113.10 Td (the ) Tj ET Q q 0 0 0 rg BT 438.40 113.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 476.04 113.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 520.91 113.10 Td (would ) Tj ET Q q 0 0 0 rg BT 548.57 113.10 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 101.10 Td (enhanced. ) Tj ET Q q 0 0 0 rg BT 96.57 101.10 Td (The ) Tj ET Q q 0 0 0 rg BT 114.62 101.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 142.67 101.10 Td (does ) Tj ET Q q 0 0 0 rg BT 163.50 101.10 Td (not ) Tj ET Q q 0 0 0 rg BT 178.78 101.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 207.37 101.10 Td (a ) Tj ET Q q 0 0 0 rg BT 214.31 101.10 Td (material ) Tj ET Q q 0 0 0 rg BT 249.57 101.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 279.28 101.10 Td (from ) Tj ET Q q 0 0 0 rg BT 301.22 101.10 Td (the ) Tj ET Q q 0 0 0 rg BT 315.94 101.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 353.43 101.10 Td (of ) Tj ET Q q 0 0 0 rg BT 364.26 101.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.98 101.10 Td (revised ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 410.36 101.10 Td (Conceptual ) Tj ET Q q 0 0 0 rg BT 458.96 101.10 Td (Framework) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.62 101.10 Td (.) Tj ET Q endstream endobj 91 0 obj <> endobj 92 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 713.25 Td (Scope ) Tj ET Q q 0 0 0 rg BT 81.50 713.25 Td (of ) Tj ET Q q 0 0 0 rg BT 92.33 713.25 Td (consolidation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 689.25 Td (W) Tj ET Q q 0 0 0 rg BT 99.04 689.25 Td (ith ) Tj ET Q q 0 0 0 rg BT 112.95 689.25 Td (ef) Tj ET Q q 0 0 0 rg BT 120.54 689.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 138.88 689.25 Td (from ) Tj ET Q q 0 0 0 rg BT 161.67 689.25 Td (May ) Tj ET Q q 0 0 0 rg BT 183.36 689.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 199.22 689.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 225.07 689.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 255.64 689.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 296.20 689.25 Td (Services ) Tj ET Q q 0 0 0 rg BT 333.44 689.25 Td (S.p.A., ) Tj ET Q q 0 0 0 rg BT 364.58 689.25 Td (a ) Tj ET Q q 0 0 0 rg BT 372.37 689.25 Td (fully-owned ) Tj ET Q q 0 0 0 rg BT 424.60 689.25 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 469.07 689.25 Td (of ) Tj ET Q q 0 0 0 rg BT 480.75 689.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 511.32 689.25 Td (S.p.A., ) Tj ET Q q 0 0 0 rg BT 542.46 689.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 677.25 Td (mer) Tj ET Q q 0 0 0 rg BT 69.37 677.25 Td (ged ) Tj ET Q q 0 0 0 rg BT 86.30 677.25 Td (with ) Tj ET Q q 0 0 0 rg BT 106.58 677.25 Td (and ) Tj ET Q q 0 0 0 rg BT 123.52 677.25 Td (into ) Tj ET Q q 0 0 0 rg BT 141.58 677.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 171.29 677.25 Td (S.p.A..) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 653.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 653.25 Td (On July 30, 2017 the liquidation process of Ferrari North Europe Limited was completed.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 629.25 Td (4. FINANCIAL) Tj ET Q q 0 0 0 rg BT 125.12 629.25 Td ( RISK F) Tj ET Q q 0 0 0 rg BT 159.94 629.25 Td (ACT) Tj ET Q q 0 0 0 rg BT 180.87 629.25 Td (ORS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 617.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 605.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.74 605.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 135.48 605.25 Td (is ) Tj ET Q q 0 0 0 rg BT 144.35 605.25 Td (exposed ) Tj ET Q q 0 0 0 rg BT 179.31 605.25 Td (to ) Tj ET Q q 0 0 0 rg BT 189.28 605.25 Td (various ) Tj ET Q q 0 0 0 rg BT 220.91 605.25 Td (operational ) Tj ET Q q 0 0 0 rg BT 268.08 605.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 305.25 605.25 Td (risks, ) Tj ET Q q 0 0 0 rg BT 328.84 605.25 Td (including ) Tj ET Q q 0 0 0 rg BT 368.80 605.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 405.98 605.25 Td (market ) Tj ET Q q 0 0 0 rg BT 435.93 605.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 453.13 605.25 Td (\(relating ) Tj ET Q q 0 0 0 rg BT 489.19 605.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 519.16 605.25 Td (to ) Tj ET Q q 0 0 0 rg BT 529.13 605.25 Td (foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 593.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 93.22 593.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 135.21 593.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 158.33 593.25 Td (and ) Tj ET Q q 0 0 0 rg BT 177.01 593.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 210.69 593.25 Td (rates\) ) Tj ET Q q 0 0 0 rg BT 237.14 593.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 264.14 593.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 283.38 593.25 Td (and ) Tj ET Q q 0 0 0 rg BT 302.06 593.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 340.20 593.25 Td (risk. ) Tj ET Q q 0 0 0 rg BT 361.63 593.25 Td (The ) Tj ET Q q 0 0 0 rg BT 381.42 593.25 Td (Interim ) Tj ET Q q 0 0 0 rg BT 415.10 593.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 463.78 593.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 520.79 593.25 Td (Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 581.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 99.35 581.25 Td (do ) Tj ET Q q 0 0 0 rg BT 110.81 581.25 Td (not ) Tj ET Q q 0 0 0 rg BT 125.06 581.25 Td (include ) Tj ET Q q 0 0 0 rg BT 155.96 581.25 Td (all ) Tj ET Q q 0 0 0 rg BT 167.42 581.25 Td (the ) Tj ET Q q 0 0 0 rg BT 181.10 581.25 Td (information ) Tj ET Q q 0 0 0 rg BT 229.78 581.25 Td (and ) Tj ET Q q 0 0 0 rg BT 245.69 581.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 268.26 581.25 Td (on ) Tj ET Q q 0 0 0 rg BT 279.73 581.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 316.17 581.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 332.64 581.25 Td (management ) Tj ET Q q 0 0 0 rg BT 385.20 581.25 Td (required ) Tj ET Q q 0 0 0 rg BT 419.98 581.25 Td (in ) Tj ET Q q 0 0 0 rg BT 429.22 581.25 Td (the ) Tj ET Q q 0 0 0 rg BT 442.91 581.25 Td (annual ) Tj ET Q q 0 0 0 rg BT 471.03 581.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 523.04 581.25 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 569.25 Td (statements. ) Tj ET Q q 0 0 0 rg BT 100.89 569.25 Td (For ) Tj ET Q q 0 0 0 rg BT 116.96 569.25 Td (a ) Tj ET Q q 0 0 0 rg BT 123.57 569.25 Td (detailed ) Tj ET Q q 0 0 0 rg BT 157.40 569.25 Td (description ) Tj ET Q q 0 0 0 rg BT 204.01 569.25 Td (of ) Tj ET Q q 0 0 0 rg BT 214.52 569.25 Td (the ) Tj ET Q q 0 0 0 rg BT 228.91 569.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 266.07 569.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 283.24 569.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 312.63 569.25 Td (and ) Tj ET Q q 0 0 0 rg BT 329.24 569.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 366.40 569.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 383.58 569.25 Td (management ) Tj ET Q q 0 0 0 rg BT 436.84 569.25 Td (of ) Tj ET Q q 0 0 0 rg BT 447.35 569.25 Td (the ) Tj ET Q q 0 0 0 rg BT 461.74 569.25 Td (Group, ) Tj ET Q q 0 0 0 rg BT 491.97 569.25 Td (reference ) Tj ET Q q 0 0 0 rg BT 531.33 569.25 Td (should ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 557.25 Td (be ) Tj ET Q q 0 0 0 rg BT 65.94 557.25 Td (made ) Tj ET Q q 0 0 0 rg BT 90.09 557.25 Td (to ) Tj ET Q q 0 0 0 rg BT 100.37 557.25 Td (Note ) Tj ET Q q 0 0 0 rg BT 122.31 557.25 Td (31 ) Tj ET Q q 0 0 0 rg BT 134.81 557.25 Td (of ) Tj ET Q q 0 0 0 rg BT 145.64 557.25 Td (the ) Tj ET Q q 0 0 0 rg BT 160.36 557.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 215.63 557.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 255.34 557.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 301.72 557.25 Td (at ) Tj ET Q q 0 0 0 rg BT 311.44 557.25 Td (and ) Tj ET Q q 0 0 0 rg BT 328.38 557.25 Td (for ) Tj ET Q q 0 0 0 rg BT 342.54 557.25 Td (the ) Tj ET Q q 0 0 0 rg BT 357.26 557.25 Td (year ) Tj ET Q q 0 0 0 rg BT 376.96 557.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 403.34 557.25 Td (December ) Tj ET Q q 0 0 0 rg BT 446.92 557.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 461.92 557.25 Td (2017.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 533.25 Td (5. OTHER INFORMA) Tj ET Q q 0 0 0 rg BT 155.76 533.25 Td (TION ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 509.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 509.25 Td (The principal foreign currency exchange rates used to translate other currencies into Euro were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 56.00 440.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 144.00 440.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.00 440.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 440.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 440.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 440.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 56.00 412.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 144.00 412.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.00 412.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 412.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 412.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 412.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 56.00 384.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 144.00 384.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.00 384.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 384.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 384.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 384.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 56.00 356.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 144.00 356.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 356.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.00 356.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 356.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 356.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 356.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 356.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.00 356.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 356.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 56.00 328.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 144.00 328.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 328.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.00 328.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 328.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 328.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 328.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 328.75 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.00 328.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 328.75 79.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 144 472.75 m 223 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 472.75 m 227 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227 472.75 m 306 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 472.75 m 389 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 472.75 m 393 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 472.75 m 472 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 472.75 m 476 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476 472.75 m 555 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 144 472.75 m 223 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 144 440.75 m 223 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227 472.75 m 306 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227 440.75 m 306 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 472.75 m 389 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 440.75 m 389 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 472.75 m 472 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 440.75 m 472 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476 472.75 m 555 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476 440.75 m 555 440.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 215.50 477.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.00 477.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 153.40 463.20 Td (A) Tj ET Q q 0 0 0 rg BT 159.23 463.20 Td (verage for) Tj ET Q q 0 0 0 rg BT 198.29 463.20 Td ( the ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 146.70 454.20 Td (nine months ended ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 155.55 445.20 Td (September) Tj ET Q q 0 0 0 rg BT 196.88 445.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.70 445.20 Td (At September) Tj ET Q q 0 0 0 rg BT 285.85 445.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.40 463.20 Td (A) Tj ET Q q 0 0 0 rg BT 325.23 463.20 Td (verage for) Tj ET Q q 0 0 0 rg BT 364.29 463.20 Td ( the ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.70 454.20 Td (nine months ended ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.55 445.20 Td (September) Tj ET Q q 0 0 0 rg BT 362.88 445.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.70 445.20 Td (At September) Tj ET Q q 0 0 0 rg BT 451.85 445.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.95 445.20 Td (At December) Tj ET Q q 0 0 0 rg BT 533.51 445.20 Td ( 31,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 431.21 Td (U.S. Dollar) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.75 431.21 Td (1.1942) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.75 431.21 Td (1.1576) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.75 431.21 Td (1.1) Tj ET Q q 0 0 0 rg BT 372.00 431.21 Td (140) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 431.21 Td (1.1806) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.75 431.21 Td (1.1993) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 417.21 Td (Pound Sterling) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.75 417.21 Td (0.8841) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.75 417.21 Td (0.8873) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.75 417.21 Td (0.8732) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 417.21 Td (0.8818) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.75 417.21 Td (0.8872) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 403.21 Td (Swiss Franc) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.75 403.21 Td (1.161) Tj ET Q q 0 0 0 rg BT 215.00 403.21 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.75 403.21 Td (1.1316) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.75 403.21 Td (1.0951) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 403.21 Td (1.1457) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.75 403.21 Td (1.1702) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 389.21 Td (Japanese ) Tj ET Q q 0 0 0 rg BT 92.57 389.21 Td (Y) Tj ET Q q 0 0 0 rg BT 98.45 389.21 Td (en) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 185.75 389.21 Td (130.9253) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 268.75 389.21 Td (131.2300) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.75 389.21 Td (124.6813) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 389.21 Td (132.8200) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 517.75 389.21 Td (135.0100) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 375.21 Td (Chinese ) Tj ET Q q 0 0 0 rg BT 89.58 375.21 Td (Y) Tj ET Q q 0 0 0 rg BT 95.41 375.21 Td (uan) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.75 375.21 Td (7.7789) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.75 375.21 Td (7.9662) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.75 375.21 Td (7.5766) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 375.21 Td (7.8534) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.75 375.21 Td (7.8044) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 361.21 Td (Australian Dollar) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.75 361.21 Td (1.5761) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.75 361.21 Td (1.6048) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.75 361.21 Td (1.4539) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 361.21 Td (1.5075) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.75 361.21 Td (1.5346) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 347.21 Td (Canadian Dollar) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.75 347.21 Td (1.5372) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.75 347.21 Td (1.5064) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.75 347.21 Td (1.4546) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 347.21 Td (1.4687) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.75 347.21 Td (1.5039) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 333.21 Td (Singapore Dollar) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.75 333.21 Td (1.6003) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.75 333.21 Td (1.5839) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.75 333.21 Td (1.5470) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 333.21 Td (1.6031) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.75 333.21 Td (1.6024) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 319.21 Td (Hong Kong Dollar) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.75 319.21 Td (9.3628) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.75 319.21 Td (9.0579) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.75 319.21 Td (8.6771) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 319.21 Td (9.2214) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.75 319.21 Td (9.3720) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 93 0 obj <> endobj 94 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 713.25 Td (6. NET) Tj ET Q q 0 0 0 rg BT 89.38 713.25 Td ( REVENUES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 689.25 Td (Net revenues are as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 60.00 615.75 219.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.00 615.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 615.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 615.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 615.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 615.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.00 615.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 615.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 60.00 587.75 219.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.00 587.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 587.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 587.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 587.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 587.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.00 587.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 587.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 60.00 559.75 219.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.00 559.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 559.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 559.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 559.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 559.75 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.00 559.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 559.75 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 643.75 m 344 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 643.75 m 348 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 643.75 m 413 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 643.75 m 482 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482 643.75 m 486 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 643.75 m 551 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 643.75 m 344 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 629.75 m 344 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 643.75 m 413 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 629.75 m 413 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 643.75 m 482 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 629.75 m 482 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 643.75 m 551 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 629.75 m 551 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 545.75 m 344 545.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 532.75 m 344 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 530.75 m 344 530.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 545.75 m 413 545.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 532.75 m 413 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 530.75 m 413 530.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 545.75 m 482 545.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 532.75 m 482 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 530.75 m 482 530.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 545.75 m 551 545.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 532.75 m 551 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 530.75 m 551 530.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.40 657.20 Td (For) Tj ET Q q 0 0 0 rg BT 308.31 657.20 Td ( the thr) Tj ET Q q 0 0 0 rg BT 336.64 657.20 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.05 648.20 Td (September) Tj ET Q q 0 0 0 rg BT 361.46 648.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.05 657.20 Td (For) Tj ET Q q 0 0 0 rg BT 447.96 657.20 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.05 648.20 Td (September) Tj ET Q q 0 0 0 rg BT 499.46 648.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.00 634.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 373.00 634.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.00 634.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.00 634.20 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 391.85 620.21 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.50 606.21 Td (Revenues from:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.50 592.21 Td (Cars and spare parts) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.25 592.21 Td (616,413) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 592.21 Td (605,122) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.50 592.21 Td (1,898,477) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 511.50 592.21 Td (1,855,389) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.50 578.21 Td (Engines) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.75 578.21 Td (70,284) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.75 578.21 Td (87,756) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.25 578.21 Td (226,858) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 518.25 578.21 Td (292,148) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.50 564.21 Td (Sponsorship, commercial and brand) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.25 564.21 Td (127,771) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 564.21 Td (123,574) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.25 564.21 Td (379,514) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 518.25 564.21 Td (369,834) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.50 550.21 Td (Other) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.75 550.21 Td (23,712) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.75 550.21 Td (19,463) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 550.21 Td (69,987) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.75 550.21 Td (59,586) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 62.50 536.20 Td (T) Tj ET Q q 0 0 0 rg BT 67.68 536.20 Td (otal net r) Tj ET Q q 0 0 0 rg BT 102.50 536.20 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.25 536.20 Td (838,180) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.25 536.20 Td (835,915) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.50 536.20 Td (2,574,836) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.50 536.20 Td (2,576,957) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 508.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 508.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 115.31 508.25 Td (net ) Tj ET Q q 0 0 0 rg BT 130.08 508.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 168.16 508.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 207.92 508.25 Td (include ) Tj ET Q q 0 0 0 rg BT 239.90 508.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 271.88 508.25 Td (income ) Tj ET Q q 0 0 0 rg BT 303.86 508.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 345.27 508.25 Td (by ) Tj ET Q q 0 0 0 rg BT 357.81 508.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 395.34 508.25 Td (services ) Tj ET Q q 0 0 0 rg BT 430.10 508.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 468.74 508.25 Td (and ) Tj ET Q q 0 0 0 rg BT 485.73 508.25 Td (net ) Tj ET Q q 0 0 0 rg BT 500.49 508.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 538.57 508.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 496.25 Td (the ) Tj ET Q q 0 0 0 rg BT 68.72 496.25 Td (management ) Tj ET Q q 0 0 0 rg BT 122.31 496.25 Td (of ) Tj ET Q q 0 0 0 rg BT 133.14 496.25 Td (the ) Tj ET Q q 0 0 0 rg BT 147.85 496.25 Td (Mugello ) Tj ET Q q 0 0 0 rg BT 184.24 496.25 Td (racetrack.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 472.25 Td (7. COST) Tj ET Q q 0 0 0 rg BT 96.05 472.25 Td ( OF) Tj ET Q q 0 0 0 rg BT 112.07 472.25 Td ( SALES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 448.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 448.25 Td (Cost ) Tj ET Q q 0 0 0 rg BT 110.69 448.25 Td (of ) Tj ET Q q 0 0 0 rg BT 121.37 448.25 Td (sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.15 448.25 Td (for ) Tj ET Q q 0 0 0 rg BT 157.16 448.25 Td (the ) Tj ET Q q 0 0 0 rg BT 171.72 448.25 Td (three ) Tj ET Q q 0 0 0 rg BT 194.06 448.25 Td (months ) Tj ET Q q 0 0 0 rg BT 225.85 448.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 252.08 448.25 Td (September ) Tj ET Q q 0 0 0 rg BT 297.19 448.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.69 448.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.04 448.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.04 448.25 Td ( ) Tj ET Q q 0 0 0 rg BT 334.38 448.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.17 448.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.17 448.25 Td ( ) Tj ET Q q 0 0 0 rg BT 373.52 448.25 Td (amounted ) Tj ET Q q 0 0 0 rg BT 415.30 448.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.42 448.25 Td (400,994 ) Tj ET Q q 0 0 0 rg BT 465.27 448.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.38 448.25 Td ( ) Tj ET Q q 0 0 0 rg BT 503.73 448.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.51 448.25 Td (395,710 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 436.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.11 436.25 Td (, ) Tj ET Q q 0 0 0 rg BT 95.78 436.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 143.44 436.25 Td (, ) Tj ET Q q 0 0 0 rg BT 149.11 436.25 Td (and ) Tj ET Q q 0 0 0 rg BT 166.72 436.25 Td (for ) Tj ET Q q 0 0 0 rg BT 181.55 436.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.94 436.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 217.33 436.25 Td (months ) Tj ET Q q 0 0 0 rg BT 249.95 436.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 277.00 436.25 Td (September ) Tj ET Q q 0 0 0 rg BT 322.93 436.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 338.60 436.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.60 436.25 Td ( ) Tj ET Q q 0 0 0 rg BT 361.78 436.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.39 436.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.39 436.25 Td ( ) Tj ET Q q 0 0 0 rg BT 402.56 436.25 Td (amounted ) Tj ET Q q 0 0 0 rg BT 445.16 436.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.11 436.25 Td (1,223,202 ) Tj ET Q q 0 0 0 rg BT 504.28 436.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.39 436.25 Td ( ) Tj ET Q q 0 0 0 rg BT 543.56 436.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 424.25 Td (1,251,626 ) Tj ET Q q 0 0 0 rg BT 101.80 424.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.91 424.25 Td (, ) Tj ET Q q 0 0 0 rg BT 143.21 424.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 190.87 424.25 Td (, ) Tj ET Q q 0 0 0 rg BT 196.17 424.25 Td (comprising ) Tj ET Q q 0 0 0 rg BT 243.97 424.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 274.54 424.25 Td (of ) Tj ET Q q 0 0 0 rg BT 285.67 424.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 324.57 424.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 360.68 424.25 Td (in ) Tj ET Q q 0 0 0 rg BT 371.26 424.25 Td (the ) Tj ET Q q 0 0 0 rg BT 386.28 424.25 Td (manufacturing ) Tj ET Q q 0 0 0 rg BT 447.39 424.25 Td (and ) Tj ET Q q 0 0 0 rg BT 464.63 424.25 Td (distribution ) Tj ET Q q 0 0 0 rg BT 513.54 424.25 Td (of ) Tj ET Q q 0 0 0 rg BT 524.67 424.25 Td (cars ) Tj ET Q q 0 0 0 rg BT 543.57 424.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 412.25 Td (spare ) Tj ET Q q 0 0 0 rg BT 77.72 412.25 Td (parts, ) Tj ET Q q 0 0 0 rg BT 102.27 412.25 Td (including ) Tj ET Q q 0 0 0 rg BT 142.67 412.25 Td (the ) Tj ET Q q 0 0 0 rg BT 157.50 412.25 Td (engines ) Tj ET Q q 0 0 0 rg BT 190.67 412.25 Td (sold ) Tj ET Q q 0 0 0 rg BT 209.96 412.25 Td (to ) Tj ET Q q 0 0 0 rg BT 220.35 412.25 Td (Maserati ) Tj ET Q q 0 0 0 rg BT 257.96 412.25 Td (and ) Tj ET Q q 0 0 0 rg BT 275.01 412.25 Td (rented ) Tj ET Q q 0 0 0 rg BT 302.62 412.25 Td (to ) Tj ET Q q 0 0 0 rg BT 313.02 412.25 Td (other ) Tj ET Q q 0 0 0 rg BT 336.18 412.25 Td (Formula ) Tj ET Q q 0 0 0 rg BT 372.69 412.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 380.30 412.25 Td (racing ) Tj ET Q q 0 0 0 rg BT 407.91 412.25 Td (teams, ) Tj ET Q q 0 0 0 rg BT 436.35 412.25 Td (of ) Tj ET Q q 0 0 0 rg BT 447.30 412.25 Td (which ) Tj ET Q q 0 0 0 rg BT 474.36 412.25 Td (the ) Tj ET Q q 0 0 0 rg BT 489.19 412.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 507.92 412.25 Td (of ) Tj ET Q q 0 0 0 rg BT 518.87 412.25 Td (materials, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 400.25 Td (components ) Tj ET Q q 0 0 0 rg BT 105.40 400.25 Td (and ) Tj ET Q q 0 0 0 rg BT 122.91 400.25 Td (labor ) Tj ET Q q 0 0 0 rg BT 146.52 400.25 Td (are ) Tj ET Q q 0 0 0 rg BT 161.80 400.25 Td (the ) Tj ET Q q 0 0 0 rg BT 177.09 400.25 Td (most ) Tj ET Q q 0 0 0 rg BT 199.61 400.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 244.89 400.25 Td (elements. ) Tj ET Q q 0 0 0 rg BT 285.78 400.25 Td (The ) Tj ET Q q 0 0 0 rg BT 304.40 400.25 Td (remaining ) Tj ET Q q 0 0 0 rg BT 348.02 400.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 371.09 400.25 Td (principally ) Tj ET Q q 0 0 0 rg BT 417.48 400.25 Td (include ) Tj ET Q q 0 0 0 rg BT 449.98 400.25 Td (depreciation, ) Tj ET Q q 0 0 0 rg BT 504.97 400.25 Td (amortization, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 388.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 95.73 388.25 Td (and ) Tj ET Q q 0 0 0 rg BT 113.59 388.25 Td (transportation ) Tj ET Q q 0 0 0 rg BT 172.55 388.25 Td (costs. ) Tj ET Q q 0 0 0 rg BT 198.47 388.25 Td (Cost ) Tj ET Q q 0 0 0 rg BT 220.23 388.25 Td (of ) Tj ET Q q 0 0 0 rg BT 231.98 388.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 254.84 388.25 Td (also ) Tj ET Q q 0 0 0 rg BT 274.37 388.25 Td (includes ) Tj ET Q q 0 0 0 rg BT 311.11 388.25 Td (warranty ) Tj ET Q q 0 0 0 rg BT 350.07 388.25 Td (and ) Tj ET Q q 0 0 0 rg BT 367.93 388.25 Td (product-related ) Tj ET Q q 0 0 0 rg BT 432.43 388.25 Td (costs, ) Tj ET Q q 0 0 0 rg BT 458.35 388.25 Td (which ) Tj ET Q q 0 0 0 rg BT 486.20 388.25 Td (are ) Tj ET Q q 0 0 0 rg BT 501.83 388.25 Td (estimated ) Tj ET Q q 0 0 0 rg BT 543.57 388.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 376.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 91.48 376.25 Td (at ) Tj ET Q q 0 0 0 rg BT 101.19 376.25 Td (the ) Tj ET Q q 0 0 0 rg BT 115.91 376.25 Td (time ) Tj ET Q q 0 0 0 rg BT 136.18 376.25 Td (of ) Tj ET Q q 0 0 0 rg BT 147.01 376.25 Td (shipment ) Tj ET Q q 0 0 0 rg BT 186.18 376.25 Td (of ) Tj ET Q q 0 0 0 rg BT 197.01 376.25 Td (the ) Tj ET Q q 0 0 0 rg BT 211.72 376.25 Td (car) Tj ET Q q 0 0 0 rg BT 223.38 376.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 352.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 352.25 Td (Interest ) Tj ET Q q 0 0 0 rg BT 121.87 352.25 Td (and ) Tj ET Q q 0 0 0 rg BT 138.20 352.25 Td (other ) Tj ET Q q 0 0 0 rg BT 160.63 352.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 197.50 352.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 235.48 352.25 Td (from ) Tj ET Q q 0 0 0 rg BT 256.81 352.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 293.67 352.25 Td (services ) Tj ET Q q 0 0 0 rg BT 327.77 352.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 365.75 352.25 Td (included ) Tj ET Q q 0 0 0 rg BT 402.07 352.25 Td (within ) Tj ET Q q 0 0 0 rg BT 429.51 352.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 447.51 352.25 Td (of ) Tj ET Q q 0 0 0 rg BT 457.72 352.25 Td (sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.05 352.25 Td (for ) Tj ET Q q 0 0 0 rg BT 492.60 352.25 Td (the ) Tj ET Q q 0 0 0 rg BT 506.70 352.25 Td (three ) Tj ET Q q 0 0 0 rg BT 528.57 352.25 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 340.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 80.32 340.25 Td (September ) Tj ET Q q 0 0 0 rg BT 125.52 340.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.02 340.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.46 340.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.46 340.25 Td ( ) Tj ET Q q 0 0 0 rg BT 162.90 340.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.78 340.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.78 340.25 Td ( ) Tj ET Q q 0 0 0 rg BT 202.22 340.25 Td (amounted ) Tj ET Q q 0 0 0 rg BT 244.10 340.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.31 340.25 Td (8,432 ) Tj ET Q q 0 0 0 rg BT 284.25 340.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.36 340.25 Td ( ) Tj ET Q q 0 0 0 rg BT 322.80 340.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.68 340.25 Td (4,933 ) Tj ET Q q 0 0 0 rg BT 369.62 340.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.73 340.25 Td (, ) Tj ET Q q 0 0 0 rg BT 410.67 340.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 458.33 340.25 Td (, ) Tj ET Q q 0 0 0 rg BT 463.27 340.25 Td (and ) Tj ET Q q 0 0 0 rg BT 480.15 340.25 Td (for ) Tj ET Q q 0 0 0 rg BT 494.25 340.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.91 340.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 528.57 340.25 Td (months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 328.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 80.38 328.25 Td (September ) Tj ET Q q 0 0 0 rg BT 125.64 328.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 140.64 328.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.64 328.25 Td ( ) Tj ET Q q 0 0 0 rg BT 163.14 328.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.08 328.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.08 328.25 Td ( ) Tj ET Q q 0 0 0 rg BT 202.58 328.25 Td (amounted ) Tj ET Q q 0 0 0 rg BT 244.51 328.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.79 328.25 Td (23,012 ) Tj ET Q q 0 0 0 rg BT 289.79 328.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.90 328.25 Td ( ) Tj ET Q q 0 0 0 rg BT 328.40 328.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.34 328.25 Td (14,022 ) Tj ET Q q 0 0 0 rg BT 380.34 328.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.45 328.25 Td (, ) Tj ET Q q 0 0 0 rg BT 421.45 328.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 469.11 328.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 304.25 Td (8. SELLING, GENERAL) Tj ET Q q 0 0 0 rg BT 167.36 304.25 Td ( ) Tj ET Q q 0 0 0 rg BT 169.31 304.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 192.93 304.25 Td (ADMINISTRA) Tj ET Q q 0 0 0 rg BT 257.75 304.25 Td (TIVE COSTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 280.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 280.25 Td (Selling ) Tj ET Q q 0 0 0 rg BT 121.28 280.25 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.22 280.25 Td (for ) Tj ET Q q 0 0 0 rg BT 158.82 280.25 Td (the ) Tj ET Q q 0 0 0 rg BT 173.98 280.25 Td (three ) Tj ET Q q 0 0 0 rg BT 196.91 280.25 Td (months ) Tj ET Q q 0 0 0 rg BT 229.30 280.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 256.12 280.25 Td (September ) Tj ET Q q 0 0 0 rg BT 301.82 280.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.32 280.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.26 280.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.26 280.25 Td ( ) Tj ET Q q 0 0 0 rg BT 340.21 280.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.59 280.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.59 280.25 Td ( ) Tj ET Q q 0 0 0 rg BT 380.53 280.25 Td (amounted ) Tj ET Q q 0 0 0 rg BT 422.90 280.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.62 280.25 Td (44,091 ) Tj ET Q q 0 0 0 rg BT 469.06 280.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.17 280.25 Td ( ) Tj ET Q q 0 0 0 rg BT 508.12 280.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.50 280.25 Td (53,953 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 268.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.11 268.25 Td (, ) Tj ET Q q 0 0 0 rg BT 96.22 268.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 143.88 268.25 Td (, ) Tj ET Q q 0 0 0 rg BT 150.00 268.25 Td (and ) Tj ET Q q 0 0 0 rg BT 168.05 268.25 Td (for ) Tj ET Q q 0 0 0 rg BT 183.32 268.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.15 268.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 219.98 268.25 Td (months ) Tj ET Q q 0 0 0 rg BT 253.04 268.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 280.53 268.25 Td (September ) Tj ET Q q 0 0 0 rg BT 326.91 268.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 343.02 268.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.02 268.25 Td ( ) Tj ET Q q 0 0 0 rg BT 366.64 268.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.69 268.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.69 268.25 Td ( ) Tj ET Q q 0 0 0 rg BT 408.30 268.25 Td (amounted ) Tj ET Q q 0 0 0 rg BT 451.35 268.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.74 268.25 Td (123,566 ) Tj ET Q q 0 0 0 rg BT 503.85 268.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.96 268.25 Td ( ) Tj ET Q q 0 0 0 rg BT 543.58 268.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 256.25 Td (138,767 ) Tj ET Q q 0 0 0 rg BT 92.91 256.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.02 256.25 Td (, ) Tj ET Q q 0 0 0 rg BT 132.93 256.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 180.59 256.25 Td (, ) Tj ET Q q 0 0 0 rg BT 184.50 256.25 Td (and ) Tj ET Q q 0 0 0 rg BT 200.34 256.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 229.52 256.25 Td (consist ) Tj ET Q q 0 0 0 rg BT 258.71 256.25 Td (of ) Tj ET Q q 0 0 0 rg BT 268.45 256.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 289.86 256.25 Td (for ) Tj ET Q q 0 0 0 rg BT 302.93 256.25 Td (marketing ) Tj ET Q q 0 0 0 rg BT 344.88 256.25 Td (and ) Tj ET Q q 0 0 0 rg BT 360.73 256.25 Td (events, ) Tj ET Q q 0 0 0 rg BT 390.18 256.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 411.03 256.25 Td (personnel ) Tj ET Q q 0 0 0 rg BT 451.31 256.25 Td (and ) Tj ET Q q 0 0 0 rg BT 467.16 256.25 Td (retail ) Tj ET Q q 0 0 0 rg BT 489.11 256.25 Td (stores. ) Tj ET Q q 0 0 0 rg BT 516.35 256.25 Td (Marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 244.25 Td (and ) Tj ET Q q 0 0 0 rg BT 70.88 244.25 Td (events ) Tj ET Q q 0 0 0 rg BT 98.87 244.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 137.41 244.25 Td (consist ) Tj ET Q q 0 0 0 rg BT 167.63 244.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 207.29 244.25 Td (of ) Tj ET Q q 0 0 0 rg BT 218.06 244.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 240.50 244.25 Td (in ) Tj ET Q q 0 0 0 rg BT 250.73 244.25 Td (connection ) Tj ET Q q 0 0 0 rg BT 297.04 244.25 Td (with ) Tj ET Q q 0 0 0 rg BT 317.26 244.25 Td (trade ) Tj ET Q q 0 0 0 rg BT 339.69 244.25 Td (and ) Tj ET Q q 0 0 0 rg BT 356.57 244.25 Td (auto ) Tj ET Q q 0 0 0 rg BT 376.23 244.25 Td (shows, ) Tj ET Q q 0 0 0 rg BT 406.18 244.25 Td (media ) Tj ET Q q 0 0 0 rg BT 433.06 244.25 Td (and ) Tj ET Q q 0 0 0 rg BT 449.94 244.25 Td (client ) Tj ET Q q 0 0 0 rg BT 474.59 244.25 Td (events ) Tj ET Q q 0 0 0 rg BT 502.58 244.25 Td (for ) Tj ET Q q 0 0 0 rg BT 516.68 244.25 Td (the ) Tj ET Q q 0 0 0 rg BT 531.34 244.25 Td (launch ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 232.25 Td (of ) Tj ET Q q 0 0 0 rg BT 64.08 232.25 Td (new ) Tj ET Q q 0 0 0 rg BT 82.50 232.25 Td (models, ) Tj ET Q q 0 0 0 rg BT 115.64 232.25 Td (as ) Tj ET Q q 0 0 0 rg BT 125.72 232.25 Td (well ) Tj ET Q q 0 0 0 rg BT 144.69 232.25 Td (as ) Tj ET Q q 0 0 0 rg BT 154.77 232.25 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 204.31 232.25 Td (and ) Tj ET Q q 0 0 0 rg BT 220.50 232.25 Td (indirect ) Tj ET Q q 0 0 0 rg BT 252.79 232.25 Td (marketing ) Tj ET Q q 0 0 0 rg BT 295.09 232.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 316.84 232.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 351.91 232.25 Td (through ) Tj ET Q q 0 0 0 rg BT 384.77 232.25 Td (the ) Tj ET Q q 0 0 0 rg BT 398.74 232.25 Td (Formula ) Tj ET Q q 0 0 0 rg BT 434.38 232.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 441.13 232.25 Td (racing ) Tj ET Q q 0 0 0 rg BT 467.87 232.25 Td (team, ) Tj ET Q q 0 0 0 rg BT 491.56 232.25 Td (Scuderia ) Tj ET Q q 0 0 0 rg BT 528.30 232.25 Td (Ferrari.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 220.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 208.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 208.25 Td (General ) Tj ET Q q 0 0 0 rg BT 125.28 208.25 Td (and ) Tj ET Q q 0 0 0 rg BT 143.35 208.25 Td (administrative ) Tj ET Q q 0 0 0 rg BT 204.19 208.25 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.82 208.25 Td (for ) Tj ET Q q 0 0 0 rg BT 243.11 208.25 Td (the ) Tj ET Q q 0 0 0 rg BT 258.96 208.25 Td (three ) Tj ET Q q 0 0 0 rg BT 282.58 208.25 Td (months ) Tj ET Q q 0 0 0 rg BT 315.66 208.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 343.17 208.25 Td (September ) Tj ET Q q 0 0 0 rg BT 389.56 208.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.06 208.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.69 208.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.69 208.25 Td ( ) Tj ET Q q 0 0 0 rg BT 429.32 208.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.39 208.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.39 208.25 Td ( ) Tj ET Q q 0 0 0 rg BT 471.03 208.25 Td (amounted ) Tj ET Q q 0 0 0 rg BT 514.09 208.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.50 208.25 Td (42,783 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 196.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.11 196.25 Td ( ) Tj ET Q q 0 0 0 rg BT 91.74 196.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.80 196.25 Td (36,632 ) Tj ET Q q 0 0 0 rg BT 141.93 196.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.04 196.25 Td (, ) Tj ET Q q 0 0 0 rg BT 182.17 196.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 229.83 196.25 Td (, ) Tj ET Q q 0 0 0 rg BT 233.95 196.25 Td (and ) Tj ET Q q 0 0 0 rg BT 250.02 196.25 Td (for ) Tj ET Q q 0 0 0 rg BT 263.31 196.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.15 196.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 296.00 196.25 Td (months ) Tj ET Q q 0 0 0 rg BT 327.07 196.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 352.58 196.25 Td (September ) Tj ET Q q 0 0 0 rg BT 396.97 196.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 411.09 196.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.09 196.25 Td ( ) Tj ET Q q 0 0 0 rg BT 432.72 196.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.79 196.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.79 196.25 Td ( ) Tj ET Q q 0 0 0 rg BT 470.42 196.25 Td (amounted ) Tj ET Q q 0 0 0 rg BT 511.48 196.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.88 196.25 Td (1) Tj ET Q q 0 0 0 rg BT 530.51 196.25 Td (16,699 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 184.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.11 184.25 Td ( ) Tj ET Q q 0 0 0 rg BT 93.12 184.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.56 184.25 Td (1) Tj ET Q q 0 0 0 rg BT 120.19 184.25 Td (16,028 ) Tj ET Q q 0 0 0 rg BT 150.70 184.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.80 184.25 Td (, ) Tj ET Q q 0 0 0 rg BT 192.31 184.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 239.97 184.25 Td (, ) Tj ET Q q 0 0 0 rg BT 245.48 184.25 Td (consisting ) Tj ET Q q 0 0 0 rg BT 289.04 184.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 319.82 184.25 Td (of ) Tj ET Q q 0 0 0 rg BT 331.16 184.25 Td (administrative ) Tj ET Q q 0 0 0 rg BT 391.37 184.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 430.48 184.25 Td (and ) Tj ET Q q 0 0 0 rg BT 447.92 184.25 Td (other ) Tj ET Q q 0 0 0 rg BT 471.48 184.25 Td (general ) Tj ET Q q 0 0 0 rg BT 503.91 184.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 543.01 184.25 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 172.25 Td (are ) Tj ET Q q 0 0 0 rg BT 68.71 172.25 Td (not ) Tj ET Q q 0 0 0 rg BT 83.99 172.25 Td (directly ) Tj ET Q q 0 0 0 rg BT 117.03 172.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 165.06 172.25 Td (to ) Tj ET Q q 0 0 0 rg BT 175.34 172.25 Td (sales, ) Tj ET Q q 0 0 0 rg BT 199.78 172.25 Td (manufacturing ) Tj ET Q q 0 0 0 rg BT 260.59 172.25 Td (or ) Tj ET Q q 0 0 0 rg BT 271.42 172.25 Td (research ) Tj ET Q q 0 0 0 rg BT 307.23 172.25 Td (and ) Tj ET Q q 0 0 0 rg BT 324.17 172.25 Td (development ) Tj ET Q q 0 0 0 rg BT 378.32 172.25 Td (activities.) Tj ET Q endstream endobj 95 0 obj <> endobj 96 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 713.25 Td (9. RESEARCH ) Tj ET Q q 0 0 0 rg BT 126.51 713.25 Td (AND DEVELOPMENT) Tj ET Q q 0 0 0 rg BT 228.84 713.25 Td ( COSTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 689.25 Td (Research and development costs are as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 616.75 276.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 616.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 616.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 616.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 616.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 588.75 276.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 588.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 588.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 588.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 588.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 588.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 588.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 588.75 54.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 643.75 m 383.5 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 643.75 m 387.5 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 643.75 m 441.5 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 643.75 m 499.5 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 643.75 m 503.5 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 643.75 m 383.5 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 629.75 m 383.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 643.75 m 441.5 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 629.75 m 441.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 643.75 m 499.5 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 629.75 m 499.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 643.75 m 557.5 643.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 629.75 m 557.5 629.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 588.75 m 383.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 575.75 m 383.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 573.75 m 383.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 588.75 m 441.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 575.75 m 441.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 573.75 m 441.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 588.75 m 499.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 575.75 m 499.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 573.75 m 499.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 588.75 m 557.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 575.75 m 557.5 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 573.75 m 557.5 573.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.50 657.20 Td (For) Tj ET Q q 0 0 0 rg BT 360.41 657.20 Td ( the thr) Tj ET Q q 0 0 0 rg BT 388.74 657.20 Td (ee months) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.95 648.20 Td (ended September) Tj ET Q q 0 0 0 rg BT 413.61 648.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.20 657.20 Td (For) Tj ET Q q 0 0 0 rg BT 478.11 657.20 Td ( the nine months) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.95 648.20 Td (ended September) Tj ET Q q 0 0 0 rg BT 529.61 648.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.00 634.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 634.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 634.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.00 634.20 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 422.85 621.00 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 607.21 Td (Research and development costs expensed during the period) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.75 607.21 Td (1) Tj ET Q q 0 0 0 rg BT 355.25 607.21 Td (12,950) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.75 607.21 Td (124,082) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.75 607.21 Td (397,472) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 607.21 Td (404,014) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 593.21 Td (Amortization of capitalized development costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 355.25 593.21 Td (30,684) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.25 593.21 Td (23,257) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 471.25 593.21 Td (84,963) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 593.21 Td (78,272) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 579.20 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 579.20 Td (otal r) Tj ET Q q 0 0 0 rg BT 81.76 579.20 Td (esear) Tj ET Q q 0 0 0 rg BT 101.58 579.20 Td (ch and development costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 579.20 Td (143,634) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.75 579.20 Td (147,339) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.75 579.20 Td (482,435) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 579.20 Td (482,286) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 551.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 551.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.10 551.25 Td (main ) Tj ET Q q 0 0 0 rg BT 128.65 551.25 Td (component ) Tj ET Q q 0 0 0 rg BT 174.63 551.25 Td (of ) Tj ET Q q 0 0 0 rg BT 184.52 551.25 Td (research ) Tj ET Q q 0 0 0 rg BT 219.38 551.25 Td (and ) Tj ET Q q 0 0 0 rg BT 235.37 551.25 Td (development ) Tj ET Q q 0 0 0 rg BT 288.57 551.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 310.12 551.25 Td (expensed ) Tj ET Q q 0 0 0 rg BT 348.88 551.25 Td (during ) Tj ET Q q 0 0 0 rg BT 376.54 551.25 Td (the ) Tj ET Q q 0 0 0 rg BT 390.31 551.25 Td (period ) Tj ET Q q 0 0 0 rg BT 417.41 551.25 Td (related ) Tj ET Q q 0 0 0 rg BT 446.17 551.25 Td (to ) Tj ET Q q 0 0 0 rg BT 455.50 551.25 Td (research ) Tj ET Q q 0 0 0 rg BT 490.36 551.25 Td (and ) Tj ET Q q 0 0 0 rg BT 506.35 551.25 Td (development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 539.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 93.22 539.25 Td (to ) Tj ET Q q 0 0 0 rg BT 104.12 539.25 Td (support ) Tj ET Q q 0 0 0 rg BT 137.24 539.25 Td (the ) Tj ET Q q 0 0 0 rg BT 152.58 539.25 Td (innovation ) Tj ET Q q 0 0 0 rg BT 198.48 539.25 Td (of ) Tj ET Q q 0 0 0 rg BT 209.93 539.25 Td (our ) Tj ET Q q 0 0 0 rg BT 226.38 539.25 Td (product ) Tj ET Q q 0 0 0 rg BT 260.05 539.25 Td (range ) Tj ET Q q 0 0 0 rg BT 285.38 539.25 Td (and ) Tj ET Q q 0 0 0 rg BT 302.94 539.25 Td (components, ) Tj ET Q q 0 0 0 rg BT 356.88 539.25 Td (in ) Tj ET Q q 0 0 0 rg BT 367.78 539.25 Td (particular) Tj ET Q q 0 0 0 rg BT 405.69 539.25 Td (, ) Tj ET Q q 0 0 0 rg BT 411.31 539.25 Td (in ) Tj ET Q q 0 0 0 rg BT 422.21 539.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 455.88 539.25 Td (to ) Tj ET Q q 0 0 0 rg BT 466.78 539.25 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 496.01 539.25 Td (technology ) Tj ET Q q 0 0 0 rg BT 543.56 539.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 527.25 Td (Formula ) Tj ET Q q 0 0 0 rg BT 90.39 527.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 97.89 527.25 Td (developments. ) Tj ET Q q 0 0 0 rg BT 158.43 527.25 Td (Research ) Tj ET Q q 0 0 0 rg BT 197.57 527.25 Td (and ) Tj ET Q q 0 0 0 rg BT 214.51 527.25 Td (development ) Tj ET Q q 0 0 0 rg BT 268.66 527.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 291.16 527.25 Td (also ) Tj ET Q q 0 0 0 rg BT 309.77 527.25 Td (include ) Tj ET Q q 0 0 0 rg BT 341.71 527.25 Td (amortization ) Tj ET Q q 0 0 0 rg BT 394.74 527.25 Td (of ) Tj ET Q q 0 0 0 rg BT 405.57 527.25 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 451.38 527.25 Td (development ) Tj ET Q q 0 0 0 rg BT 505.53 527.25 Td (costs.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 503.25 Td (10. OTHER EXPENSES/\(INCOME\), NET) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 478.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 478.05 Td (Other ) Tj ET Q q 0 0 0 rg BT 114.41 478.05 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 154.66 478.05 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.52 478.05 Td (for ) Tj ET Q q 0 0 0 rg BT 181.82 478.05 Td (the ) Tj ET Q q 0 0 0 rg BT 195.68 478.05 Td (three ) Tj ET Q q 0 0 0 rg BT 217.31 478.05 Td (months ) Tj ET Q q 0 0 0 rg BT 248.41 478.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 273.93 478.05 Td (September ) Tj ET Q q 0 0 0 rg BT 318.34 478.05 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.84 478.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.48 478.05 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.48 478.05 Td ( ) Tj ET Q q 0 0 0 rg BT 354.13 478.05 Td (included ) Tj ET Q q 0 0 0 rg BT 390.20 478.05 Td (other ) Tj ET Q q 0 0 0 rg BT 412.39 478.05 Td (expenses ) Tj ET Q q 0 0 0 rg BT 450.14 478.05 Td (of ) Tj ET Q q 0 0 0 rg BT 460.11 478.05 Td (5,106) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 487.61 478.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.42 478.05 Td (thousand ) Tj ET Q q 0 0 0 rg BT 527.17 478.05 Td (\(1,954 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 466.05 Td (thousand ) Tj ET Q q 0 0 0 rg BT 92.96 466.05 Td (for ) Tj ET Q q 0 0 0 rg BT 107.46 466.05 Td (the ) Tj ET Q q 0 0 0 rg BT 122.53 466.05 Td (three ) Tj ET Q q 0 0 0 rg BT 145.36 466.05 Td (months ) Tj ET Q q 0 0 0 rg BT 177.66 466.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 204.38 466.05 Td (September ) Tj ET Q q 0 0 0 rg BT 250.00 466.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 265.34 466.05 Td (2017\), ) Tj ET Q q 0 0 0 rg BT 294.02 466.05 Td (mainly ) Tj ET Q q 0 0 0 rg BT 324.64 466.05 Td (related ) Tj ET Q q 0 0 0 rg BT 354.69 466.05 Td (to ) Tj ET Q q 0 0 0 rg BT 365.32 466.05 Td (provisions ) Tj ET Q q 0 0 0 rg BT 409.84 466.05 Td (and ) Tj ET Q q 0 0 0 rg BT 427.13 466.05 Td (indirect ) Tj ET Q q 0 0 0 rg BT 460.52 466.05 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 486.41 466.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 522.58 466.05 Td (of) Tj ET Q q 0 0 0 rg BT 530.73 466.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 548.02 466.05 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 454.05 Td (other ) Tj ET Q q 0 0 0 rg BT 77.82 454.05 Td (income ) Tj ET Q q 0 0 0 rg BT 110.52 454.05 Td (of ) Tj ET Q q 0 0 0 rg BT 122.12 454.05 Td (946 ) Tj ET Q q 0 0 0 rg BT 145.39 454.05 Td (thousand ) Tj ET Q q 0 0 0 rg BT 184.76 454.05 Td (\(1,366 ) Tj ET Q q 0 0 0 rg BT 218.86 454.05 Td (thousand ) Tj ET Q q 0 0 0 rg BT 258.24 454.05 Td (for ) Tj ET Q q 0 0 0 rg BT 273.17 454.05 Td (the ) Tj ET Q q 0 0 0 rg BT 288.66 454.05 Td (three ) Tj ET Q q 0 0 0 rg BT 311.91 454.05 Td (months ) Tj ET Q q 0 0 0 rg BT 344.63 454.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 371.77 454.05 Td (September ) Tj ET Q q 0 0 0 rg BT 417.81 454.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 433.58 454.05 Td (2017\), ) Tj ET Q q 0 0 0 rg BT 462.67 454.05 Td (mainly ) Tj ET Q q 0 0 0 rg BT 493.72 454.05 Td (related ) Tj ET Q q 0 0 0 rg BT 524.19 454.05 Td (to ) Tj ET Q q 0 0 0 rg BT 535.24 454.05 Td (rental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 442.05 Td (income ) Tj ET Q q 0 0 0 rg BT 85.93 442.05 Td (and ) Tj ET Q q 0 0 0 rg BT 102.87 442.05 Td (other ) Tj ET Q q 0 0 0 rg BT 125.92 442.05 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 185.07 442.05 Td (income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 418.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 418.05 Td (Other ) Tj ET Q q 0 0 0 rg BT 114.80 418.05 Td (income, ) Tj ET Q q 0 0 0 rg BT 148.77 418.05 Td (net ) Tj ET Q q 0 0 0 rg BT 163.02 418.05 Td (for ) Tj ET Q q 0 0 0 rg BT 176.72 418.05 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.97 418.05 Td (nine ) Tj ET Q q 0 0 0 rg BT 210.22 418.05 Td (months ) Tj ET Q q 0 0 0 rg BT 241.71 418.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 267.62 418.05 Td (September ) Tj ET Q q 0 0 0 rg BT 312.42 418.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 326.95 418.05 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.95 418.05 Td ( ) Tj ET Q q 0 0 0 rg BT 348.99 418.05 Td (included ) Tj ET Q q 0 0 0 rg BT 385.46 418.05 Td (other ) Tj ET Q q 0 0 0 rg BT 408.04 418.05 Td (income ) Tj ET Q q 0 0 0 rg BT 439.51 418.05 Td (of ) Tj ET Q q 0 0 0 rg BT 449.87 418.05 Td (13,61) Tj ET Q q 0 0 0 rg BT 477.00 418.05 Td (1 ) Tj ET Q q 0 0 0 rg BT 484.04 418.05 Td (thousand, ) Tj ET Q q 0 0 0 rg BT 524.68 418.05 Td (partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 406.05 Td (of) Tj ET Q q 0 0 0 rg BT 62.15 406.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 78.54 406.05 Td (by ) Tj ET Q q 0 0 0 rg BT 90.49 406.05 Td (other ) Tj ET Q q 0 0 0 rg BT 112.99 406.05 Td (expenses ) Tj ET Q q 0 0 0 rg BT 151.04 406.05 Td (of ) Tj ET Q q 0 0 0 rg BT 161.32 406.05 Td (13,190 ) Tj ET Q q 0 0 0 rg BT 195.78 406.05 Td (thousand. ) Tj ET Q q 0 0 0 rg BT 236.34 406.05 Td (Other ) Tj ET Q q 0 0 0 rg BT 261.06 406.05 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 301.61 406.05 Td (net ) Tj ET Q q 0 0 0 rg BT 315.78 406.05 Td (for ) Tj ET Q q 0 0 0 rg BT 329.39 406.05 Td (the ) Tj ET Q q 0 0 0 rg BT 343.56 406.05 Td (nine ) Tj ET Q q 0 0 0 rg BT 362.73 406.05 Td (months ) Tj ET Q q 0 0 0 rg BT 394.13 406.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 419.96 406.05 Td (September ) Tj ET Q q 0 0 0 rg BT 464.67 406.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 479.13 406.05 Td (2017 ) Tj ET Q q 0 0 0 rg BT 501.08 406.05 Td (included ) Tj ET Q q 0 0 0 rg BT 537.46 406.05 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 394.05 Td (expenses ) Tj ET Q q 0 0 0 rg BT 92.59 394.05 Td (of ) Tj ET Q q 0 0 0 rg BT 103.41 394.05 Td (15,094 ) Tj ET Q q 0 0 0 rg BT 138.41 394.05 Td (thousand, ) Tj ET Q q 0 0 0 rg BT 179.51 394.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 215.32 394.05 Td (of) Tj ET Q q 0 0 0 rg BT 223.47 394.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 240.40 394.05 Td (by ) Tj ET Q q 0 0 0 rg BT 252.89 394.05 Td (other ) Tj ET Q q 0 0 0 rg BT 275.93 394.05 Td (income ) Tj ET Q q 0 0 0 rg BT 307.86 394.05 Td (of ) Tj ET Q q 0 0 0 rg BT 318.68 394.05 Td (6,230 ) Tj ET Q q 0 0 0 rg BT 348.68 394.05 Td (thousand. ) Tj ET Q q 0 0 0 rg BT 389.78 394.05 Td (Other ) Tj ET Q q 0 0 0 rg BT 415.04 394.05 Td (income ) Tj ET Q q 0 0 0 rg BT 446.96 394.05 Td (was ) Tj ET Q q 0 0 0 rg BT 465.01 394.05 Td (mainly ) Tj ET Q q 0 0 0 rg BT 495.27 394.05 Td (related ) Tj ET Q q 0 0 0 rg BT 524.97 394.05 Td (to ) Tj ET Q q 0 0 0 rg BT 535.24 394.05 Td (rental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 382.05 Td (income ) Tj ET Q q 0 0 0 rg BT 86.87 382.05 Td (and ) Tj ET Q q 0 0 0 rg BT 104.75 382.05 Td (other ) Tj ET Q q 0 0 0 rg BT 128.74 382.05 Td (miscellaneous ) Tj ET Q q 0 0 0 rg BT 188.83 382.05 Td (income, ) Tj ET Q q 0 0 0 rg BT 224.20 382.05 Td (and ) Tj ET Q q 0 0 0 rg BT 242.08 382.05 Td (other ) Tj ET Q q 0 0 0 rg BT 266.06 382.05 Td (expenses ) Tj ET Q q 0 0 0 rg BT 305.60 382.05 Td (were ) Tj ET Q q 0 0 0 rg BT 328.47 382.05 Td (mainly ) Tj ET Q q 0 0 0 rg BT 359.68 382.05 Td (related ) Tj ET Q q 0 0 0 rg BT 390.32 382.05 Td (to ) Tj ET Q q 0 0 0 rg BT 401.54 382.05 Td (indirect ) Tj ET Q q 0 0 0 rg BT 435.52 382.05 Td (taxes ) Tj ET Q q 0 0 0 rg BT 459.50 382.05 Td (and ) Tj ET Q q 0 0 0 rg BT 477.38 382.05 Td (other ) Tj ET Q q 0 0 0 rg BT 501.37 382.05 Td (miscellaneous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 370.05 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 95.10 370.05 Td (Other ) Tj ET Q q 0 0 0 rg BT 120.37 370.05 Td (income ) Tj ET Q q 0 0 0 rg BT 152.30 370.05 Td (for ) Tj ET Q q 0 0 0 rg BT 166.46 370.05 Td (the ) Tj ET Q q 0 0 0 rg BT 181.17 370.05 Td (nine ) Tj ET Q q 0 0 0 rg BT 200.89 370.05 Td (months ) Tj ET Q q 0 0 0 rg BT 232.84 370.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 259.21 370.05 Td (September ) Tj ET Q q 0 0 0 rg BT 304.47 370.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 319.47 370.05 Td (2018 ) Tj ET Q q 0 0 0 rg BT 341.97 370.05 Td (also ) Tj ET Q q 0 0 0 rg BT 360.58 370.05 Td (included ) Tj ET Q q 0 0 0 rg BT 397.51 370.05 Td (income ) Tj ET Q q 0 0 0 rg BT 429.45 370.05 Td (related ) Tj ET Q q 0 0 0 rg BT 459.15 370.05 Td (to ) Tj ET Q q 0 0 0 rg BT 469.42 370.05 Td (a ) Tj ET Q q 0 0 0 rg BT 476.36 370.05 Td (pronouncement ) Tj ET Q q 0 0 0 rg BT 541.06 370.05 Td (on ) Tj ET Q q 0 0 0 rg BT 553.56 370.05 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 358.05 Td (prior ) Tj ET Q q 0 0 0 rg BT 75.94 358.05 Td (year) Tj ET Q q 0 0 0 rg BT 93.52 358.05 Td () Tj ET Q q 0 0 0 rg BT 96.29 358.05 Td (s ) Tj ET Q q 0 0 0 rg BT 102.69 358.05 Td (legal ) Tj ET Q q 0 0 0 rg BT 124.62 358.05 Td (dispute.) Tj ET Q endstream endobj 97 0 obj <> endobj 98 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 713.25 Td (1) Tj ET Q q 0 0 0 rg BT 58.45 713.25 Td (1. NET) Tj ET Q q 0 0 0 rg BT 93.83 713.25 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 152.45 713.25 Td ( EXPENSES) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 72.00 640.75 239.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 640.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 640.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 640.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 640.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 640.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 640.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.00 640.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 72.00 612.75 239.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 612.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 612.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 612.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 612.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 612.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 612.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.00 612.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 72.00 584.75 239.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 584.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 584.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 584.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 584.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 584.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 584.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.00 584.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 72.00 547.75 239.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 547.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 547.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 547.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 547.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 547.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 547.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.00 547.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 72.00 519.75 239.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 519.75 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 519.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 519.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 519.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 519.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 519.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.00 519.75 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 72.00 491.75 239.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 491.75 56.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 491.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 491.75 54.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 491.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 491.75 54.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 491.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.00 491.75 52.00 -23.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 667.75 m 367 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 667.75 m 371 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 667.75 m 425 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 667.75 m 483 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 667.75 m 487 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 667.75 m 539 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 667.75 m 367 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 653.75 m 367 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 667.75 m 425 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 653.75 m 425 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 667.75 m 483 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 653.75 m 483 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 667.75 m 539 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 653.75 m 539 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 653.75 m 367 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 653.75 m 425 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 653.75 m 483 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 653.75 m 539 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 491.75 m 367 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 469.75 m 367 469.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 467.75 m 367 467.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 491.75 m 425 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 469.75 m 425 469.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 467.75 m 425 467.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 491.75 m 483 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 469.75 m 483 469.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 467.75 m 483 467.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 491.75 m 539 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 469.75 m 539 469.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 467.75 m 539 467.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 681.20 Td (For) Tj ET Q q 0 0 0 rg BT 342.91 681.20 Td ( the thr) Tj ET Q q 0 0 0 rg BT 371.24 681.20 Td (ee months) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 672.20 Td (ended September) Tj ET Q q 0 0 0 rg BT 396.11 672.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.70 681.20 Td (For) Tj ET Q q 0 0 0 rg BT 460.61 681.20 Td ( the nine months) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.45 672.20 Td (ended September) Tj ET Q q 0 0 0 rg BT 512.11 672.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 658.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.50 658.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.50 658.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 505.50 658.20 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.85 645.01 Td (\( thousand\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.50 632.15 Td (Financial income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.50 617.21 Td (Related to:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 80.50 603.21 Td (Industrial companies \(A\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 343.25 603.21 Td (5,696) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.00 603.21 Td (1) Tj ET Q q 0 0 0 rg BT 412.50 603.21 Td (15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.75 603.21 Td (25,302) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.25 603.21 Td (5,793) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 80.50 589.21 Td (Financial services companies \(reported within net revenues\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 338.75 589.21 Td (13,350) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.25 589.21 Td (9,104) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.75 589.21 Td (38,067) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 510.75 589.21 Td (27,674) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.50 561.20 Td (Financial expenses and expenses fr) Tj ET Q q 0 0 0 rg BT 207.84 561.20 Td (om derivative financial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.50 552.20 Td (instruments and for) Tj ET Q q 0 0 0 rg BT 150.84 552.20 Td (eign curr) Tj ET Q q 0 0 0 rg BT 185.92 552.20 Td (ency exchange rate differ) Tj ET Q q 0 0 0 rg BT 282.47 552.20 Td (ences) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.50 538.21 Td (Related to:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 80.50 524.21 Td (Industrial companies \(B\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 335.75 524.21 Td (\(1) Tj ET Q q 0 0 0 rg BT 343.25 524.21 Td (1,982) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.50 524.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 398.25 524.21 Td (\(8,212) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 421.50 524.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 451.75 524.21 Td (\(40,377) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 479.50 524.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 524.21 Td (\(30,703) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.50 524.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 80.50 511.01 Td (Financial services companies \(reported within cost of sales\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 340.25 511.01 Td (\(8,432) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.50 511.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 398.25 511.01 Td (\(4,933) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 421.50 511.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 451.75 511.01 Td (\(23,012) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 479.50 511.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 511.01 Td (\(14,022) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.50 511.01 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.50 482.20 Td (Net financial expenses r) Tj ET Q q 0 0 0 rg BT 165.58 482.20 Td (elating to industrial companies \(A) Tj ET Q q 0 0 0 rg BT 295.08 482.20 Td ( - ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.50 473.20 Td (B\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.25 473.20 Td (\(6,286) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.50 473.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 473.20 Td (\(8,097) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 421.50 473.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 473.20 Td (\(15,075) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 473.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.75 473.20 Td (\(24,910) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 535.50 473.20 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 445.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 445.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 107.04 445.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 144.63 445.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 183.33 445.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 223.15 445.25 Td (related ) Tj ET Q q 0 0 0 rg BT 252.95 445.25 Td (to ) Tj ET Q q 0 0 0 rg BT 263.33 445.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 295.37 445.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 334.07 445.25 Td (on ) Tj ET Q q 0 0 0 rg BT 346.68 445.25 Td (debt, ) Tj ET Q q 0 0 0 rg BT 369.00 445.25 Td (and ) Tj ET Q q 0 0 0 rg BT 386.04 445.25 Td (in ) Tj ET Q q 0 0 0 rg BT 396.42 445.25 Td (particular ) Tj ET Q q 0 0 0 rg BT 437.34 445.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 469.38 445.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 508.08 445.25 Td (on ) Tj ET Q q 0 0 0 rg BT 520.68 445.25 Td (bonds, ) Tj ET Q q 0 0 0 rg BT 549.68 445.25 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 433.25 Td (well ) Tj ET Q q 0 0 0 rg BT 73.72 433.25 Td (as ) Tj ET Q q 0 0 0 rg BT 84.55 433.25 Td (net ) Tj ET Q q 0 0 0 rg BT 99.26 433.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 130.64 433.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 170.89 433.25 Td (losses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 409.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 397.25 Td (12. INCOME ) Tj ET Q q 0 0 0 rg BT 118.54 397.25 Td (T) Tj ET Q q 0 0 0 rg BT 124.47 397.25 Td (AX \(BENEFIT\)/EXPENSE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 373.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 373.25 Td (Income tax \(benefit\)/expense is as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 309.75 146.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 309.75 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 309.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 309.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 309.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 309.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 309.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 309.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 281.75 146.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 281.75 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 281.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 281.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 281.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 281.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 281.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 281.75 88.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 336.75 m 281.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 336.75 m 285.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 336.75 m 373.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 336.75 m 465.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 336.75 m 469.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 336.75 m 557.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 336.75 m 281.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 322.75 m 281.5 322.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 336.75 m 285.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 336.75 m 373.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 322.75 m 373.5 322.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 336.75 m 465.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 322.75 m 465.5 322.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 336.75 m 469.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 336.75 m 557.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 322.75 m 557.5 322.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 322.75 m 281.5 322.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 322.75 m 373.5 322.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 322.75 m 465.5 322.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 322.75 m 557.5 322.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 267.75 m 281.5 267.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 254.75 m 281.5 254.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 252.75 m 281.5 252.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 267.75 m 373.5 267.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 254.75 m 373.5 254.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 252.75 m 373.5 252.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 267.75 m 465.5 267.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 254.75 m 465.5 254.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 252.75 m 465.5 252.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 267.75 m 557.5 267.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 254.75 m 557.5 254.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 252.75 m 557.5 252.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 206.35 341.20 Td (For) Tj ET Q q 0 0 0 rg BT 220.26 341.20 Td ( the thr) Tj ET Q q 0 0 0 rg BT 248.59 341.20 Td (ee months ended September) Tj ET Q q 0 0 0 rg BT 356.17 341.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.00 341.20 Td (For) Tj ET Q q 0 0 0 rg BT 402.91 341.20 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 535.50 341.20 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 233.00 327.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 327.20 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.00 327.20 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.00 327.20 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 357.85 314.00 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 300.21 Td (Current tax expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 253.25 300.21 Td (29,320) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 345.25 300.21 Td (47,164) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.75 300.21 Td (122,570) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 300.21 Td (164,330) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 286.21 Td (Deferred tax expense/\(income\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 253.25 286.21 Td (20,187) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.75 286.21 Td (6,828) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.25 286.21 Td (36,990) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.75 286.21 Td (\(7,634) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 286.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 272.21 Td (T) Tj ET Q q 0 0 0 rg BT 60.87 272.21 Td (axes relating to prior periods) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 245.75 272.21 Td (\(140,508) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 278.00 272.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.50 272.21 Td (\(342) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 370.00 272.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 429.75 272.21 Td (\(139,841) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 462.00 272.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.50 272.21 Td (\(936) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 272.21 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 258.20 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 258.20 Td (otal income tax \(benefit\)/expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 250.25 258.20 Td (\(91,001) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 258.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.25 258.20 Td (53,650) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.25 258.20 Td (19,719) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 258.20 Td (155,760) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 230.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 230.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 121.94 230.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 136.10 230.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 165.81 230.25 Td (amounted ) Tj ET Q q 0 0 0 rg BT 207.20 230.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.93 230.25 Td (91,001 ) Tj ET Q q 0 0 0 rg BT 251.38 230.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.48 230.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.43 230.25 Td (for ) Tj ET Q q 0 0 0 rg BT 303.04 230.25 Td (the ) Tj ET Q q 0 0 0 rg BT 317.21 230.25 Td (three ) Tj ET Q q 0 0 0 rg BT 339.15 230.25 Td (months ) Tj ET Q q 0 0 0 rg BT 370.54 230.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 396.37 230.25 Td (September ) Tj ET Q q 0 0 0 rg BT 441.08 230.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.58 230.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.53 230.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.53 230.25 Td ( ) Tj ET Q q 0 0 0 rg BT 477.48 230.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 518.86 230.25 Td (to ) Tj ET Q q 0 0 0 rg BT 528.58 230.25 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 218.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 68.25 218.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 102.48 218.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.84 218.25 Td (53,650 ) Tj ET Q q 0 0 0 rg BT 147.38 218.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.48 218.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.51 218.25 Td (for ) Tj ET Q q 0 0 0 rg BT 199.20 218.25 Td (the ) Tj ET Q q 0 0 0 rg BT 213.45 218.25 Td (three ) Tj ET Q q 0 0 0 rg BT 235.47 218.25 Td (months ) Tj ET Q q 0 0 0 rg BT 266.95 218.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 292.85 218.25 Td (September ) Tj ET Q q 0 0 0 rg BT 337.65 218.25 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.15 218.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.18 218.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.18 218.25 Td (, ) Tj ET Q q 0 0 0 rg BT 376.71 218.25 Td (and ) Tj ET Q q 0 0 0 rg BT 393.18 218.25 Td (income ) Tj ET Q q 0 0 0 rg BT 424.64 218.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 438.89 218.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 477.02 218.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.38 218.25 Td (19,719 ) Tj ET Q q 0 0 0 rg BT 521.91 218.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 206.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.16 206.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 87.88 206.25 Td (months ) Tj ET Q q 0 0 0 rg BT 119.83 206.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 146.20 206.25 Td (September ) Tj ET Q q 0 0 0 rg BT 191.47 206.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 206.47 206.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.47 206.25 Td ( ) Tj ET Q q 0 0 0 rg BT 228.97 206.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 270.89 206.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.17 206.25 Td (155,760 ) Tj ET Q q 0 0 0 rg BT 321.17 206.25 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.28 206.25 Td ( ) Tj ET Q q 0 0 0 rg BT 359.78 206.25 Td (for ) Tj ET Q q 0 0 0 rg BT 373.94 206.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 206.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 408.37 206.25 Td (months ) Tj ET Q q 0 0 0 rg BT 440.32 206.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 466.70 206.25 Td (September ) Tj ET Q q 0 0 0 rg BT 511.96 206.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 526.96 206.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.96 206.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 182.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 122.36 182.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 145.28 182.25 Td (for ) Tj ET Q q 0 0 0 rg BT 159.32 182.25 Td (the ) Tj ET Q q 0 0 0 rg BT 173.91 182.25 Td (three ) Tj ET Q q 0 0 0 rg BT 196.27 182.25 Td (and ) Tj ET Q q 0 0 0 rg BT 213.08 182.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 232.67 182.25 Td (months ) Tj ET Q q 0 0 0 rg BT 264.49 182.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 290.75 182.25 Td (September ) Tj ET Q q 0 0 0 rg BT 335.88 182.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 350.76 182.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 373.13 182.25 Td (were ) Tj ET Q q 0 0 0 rg BT 394.94 182.25 Td (impacted ) Tj ET Q q 0 0 0 rg BT 433.96 182.25 Td (by ) Tj ET Q q 0 0 0 rg BT 446.34 182.25 Td (the ) Tj ET Q q 0 0 0 rg BT 460.93 182.25 Td (application ) Tj ET Q q 0 0 0 rg BT 507.73 182.25 Td (of ) Tj ET Q q 0 0 0 rg BT 518.43 182.25 Td (the ) Tj ET Q q 0 0 0 rg BT 533.03 182.25 Td (Patent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 170.25 Td (Box ) Tj ET Q q 0 0 0 rg BT 73.27 170.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 88.08 170.25 Td (regime. ) Tj ET Q q 0 0 0 rg BT 120.94 170.25 Td (In ) Tj ET Q q 0 0 0 rg BT 131.87 170.25 Td (September ) Tj ET Q q 0 0 0 rg BT 177.23 170.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 202.33 170.25 Td (the ) Tj ET Q q 0 0 0 rg BT 217.14 170.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 245.29 170.25 Td (signed ) Tj ET Q q 0 0 0 rg BT 274.00 170.25 Td (an ) Tj ET Q q 0 0 0 rg BT 286.04 170.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 330.27 170.25 Td (with ) Tj ET Q q 0 0 0 rg BT 350.65 170.25 Td (the ) Tj ET Q q 0 0 0 rg BT 365.46 170.25 Td (Italian ) Tj ET Q q 0 0 0 rg BT 393.60 170.25 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 430.61 170.25 Td (Agency ) Tj ET Q q 0 0 0 rg BT 464.31 170.25 Td (in ) Tj ET Q q 0 0 0 rg BT 474.69 170.25 Td (relation ) Tj ET Q q 0 0 0 rg BT 507.83 170.25 Td (to ) Tj ET Q q 0 0 0 rg BT 518.20 170.25 Td (the ) Tj ET Q q 0 0 0 rg BT 533.02 170.25 Td (Patent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 158.25 Td (Box ) Tj ET Q q 0 0 0 rg BT 73.34 158.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 88.22 158.25 Td (regime, ) Tj ET Q q 0 0 0 rg BT 121.15 158.25 Td (which ) Tj ET Q q 0 0 0 rg BT 148.26 158.25 Td (provides ) Tj ET Q q 0 0 0 rg BT 185.36 158.25 Td (a ) Tj ET Q q 0 0 0 rg BT 192.47 158.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 207.35 158.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 237.79 158.25 Td (for ) Tj ET Q q 0 0 0 rg BT 252.11 158.25 Td (companies ) Tj ET Q q 0 0 0 rg BT 297.54 158.25 Td (that ) Tj ET Q q 0 0 0 rg BT 315.21 158.25 Td (generate ) Tj ET Q q 0 0 0 rg BT 351.74 158.25 Td (income ) Tj ET Q q 0 0 0 rg BT 383.84 158.25 Td (through ) Tj ET Q q 0 0 0 rg BT 417.61 158.25 Td (the ) Tj ET Q q 0 0 0 rg BT 432.50 158.25 Td (use, ) Tj ET Q q 0 0 0 rg BT 451.00 158.25 Td (both ) Tj ET Q q 0 0 0 rg BT 471.44 158.25 Td (direct ) Tj ET Q q 0 0 0 rg BT 496.87 158.25 Td (and ) Tj ET Q q 0 0 0 rg BT 513.98 158.25 Td (indirect, ) Tj ET Q q 0 0 0 rg BT 549.69 158.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 146.25 Td (copyrights, ) Tj ET Q q 0 0 0 rg BT 101.23 146.25 Td (patents, ) Tj ET Q q 0 0 0 rg BT 134.56 146.25 Td (trademarks, ) Tj ET Q q 0 0 0 rg BT 184.00 146.25 Td (designs ) Tj ET Q q 0 0 0 rg BT 216.50 146.25 Td (and ) Tj ET Q q 0 0 0 rg BT 233.45 146.25 Td (know-how) Tj ET Q q 0 0 0 rg BT 275.58 146.25 Td (. ) Tj ET Q q 0 0 0 rg BT 280.41 146.25 Td (The ) Tj ET Q q 0 0 0 rg BT 298.46 146.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 342.61 146.25 Td (relates ) Tj ET Q q 0 0 0 rg BT 371.22 146.25 Td (to ) Tj ET Q q 0 0 0 rg BT 381.50 146.25 Td (the ) Tj ET Q q 0 0 0 rg BT 396.23 146.25 Td (five-year ) Tj ET Q q 0 0 0 rg BT 434.82 146.25 Td (period ) Tj ET Q q 0 0 0 rg BT 462.88 146.25 Td (from ) Tj ET Q q 0 0 0 rg BT 484.83 146.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 507.34 146.25 Td (to ) Tj ET Q q 0 0 0 rg BT 517.63 146.25 Td (2019. ) Tj ET Q q 0 0 0 rg BT 542.46 146.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 134.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 82.44 134.25 Td (applied ) Tj ET Q q 0 0 0 rg BT 114.77 134.25 Td (the ) Tj ET Q q 0 0 0 rg BT 129.88 134.25 Td (Patent ) Tj ET Q q 0 0 0 rg BT 157.77 134.25 Td (Box ) Tj ET Q q 0 0 0 rg BT 177.33 134.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 192.44 134.25 Td (regime ) Tj ET Q q 0 0 0 rg BT 223.10 134.25 Td (for ) Tj ET Q q 0 0 0 rg BT 237.65 134.25 Td (the ) Tj ET Q q 0 0 0 rg BT 252.76 134.25 Td (calculation ) Tj ET Q q 0 0 0 rg BT 299.52 134.25 Td (of ) Tj ET Q q 0 0 0 rg BT 310.75 134.25 Td (income ) Tj ET Q q 0 0 0 rg BT 343.07 134.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 366.51 134.25 Td (starting ) Tj ET Q q 0 0 0 rg BT 399.40 134.25 Td (in ) Tj ET Q q 0 0 0 rg BT 410.07 134.25 Td (the ) Tj ET Q q 0 0 0 rg BT 425.18 134.25 Td (third ) Tj ET Q q 0 0 0 rg BT 446.96 134.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 478.17 134.25 Td (of ) Tj ET Q q 0 0 0 rg BT 489.39 134.25 Td (2018. ) Tj ET Q q 0 0 0 rg BT 514.58 134.25 Td (The ) Tj ET Q q 0 0 0 rg BT 533.02 134.25 Td (Patent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 122.25 Td (Box ) Tj ET Q q 0 0 0 rg BT 73.47 122.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 88.50 122.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 119.06 122.25 Td (relating ) Tj ET Q q 0 0 0 rg BT 152.41 122.25 Td (to ) Tj ET Q q 0 0 0 rg BT 162.99 122.25 Td (years ) Tj ET Q q 0 0 0 rg BT 186.89 122.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 209.70 122.25 Td (to ) Tj ET Q q 0 0 0 rg BT 220.28 122.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 245.59 122.25 Td (amounting ) Tj ET Q q 0 0 0 rg BT 291.16 122.25 Td (to ) Tj ET Q q 0 0 0 rg BT 301.75 122.25 Td (140,559 ) Tj ET Q q 0 0 0 rg BT 342.05 122.25 Td (thousand, ) Tj ET Q q 0 0 0 rg BT 383.46 122.25 Td (was ) Tj ET Q q 0 0 0 rg BT 401.82 122.25 Td (presented ) Tj ET Q q 0 0 0 rg BT 442.94 122.25 Td (within ) Tj ET Q q 0 0 0 rg BT 471.30 122.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 494.65 122.25 Td (relating ) Tj ET Q q 0 0 0 rg BT 528.00 122.25 Td (to ) Tj ET Q q 0 0 0 rg BT 538.58 122.25 Td (prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 110.25 Td (periods, ) Tj ET Q q 0 0 0 rg BT 89.89 110.25 Td (of ) Tj ET Q q 0 0 0 rg BT 102.17 110.25 Td (which ) Tj ET Q q 0 0 0 rg BT 130.56 110.25 Td (139,187 ) Tj ET Q q 0 0 0 rg BT 172.01 110.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 212.07 110.25 Td (was ) Tj ET Q q 0 0 0 rg BT 231.57 110.25 Td (from ) Tj ET Q q 0 0 0 rg BT 254.96 110.25 Td (direct ) Tj ET Q q 0 0 0 rg BT 281.67 110.25 Td (and ) Tj ET Q q 0 0 0 rg BT 300.06 110.25 Td (1,372 ) Tj ET Q q 0 0 0 rg BT 331.51 110.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 371.57 110.25 Td (was ) Tj ET Q q 0 0 0 rg BT 391.07 110.25 Td (from ) Tj ET Q q 0 0 0 rg BT 414.46 110.25 Td (indirect ) Tj ET Q q 0 0 0 rg BT 448.95 110.25 Td (use ) Tj ET Q q 0 0 0 rg BT 466.23 110.25 Td (of ) Tj ET Q q 0 0 0 rg BT 478.51 110.25 Td (copyrights, ) Tj ET Q q 0 0 0 rg BT 527.18 110.25 Td (patents, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 98.25 Td (trademarks, ) Tj ET Q q 0 0 0 rg BT 103.42 98.25 Td (designs ) Tj ET Q q 0 0 0 rg BT 135.92 98.25 Td (and ) Tj ET Q q 0 0 0 rg BT 152.86 98.25 Td (know-how) Tj ET Q q 0 0 0 rg BT 194.99 98.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 74.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 74.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.98 74.25 Td (ef) Tj ET Q q 0 0 0 rg BT 115.57 74.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 145.20 74.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 159.85 74.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 177.26 74.25 Td (\(net ) Tj ET Q q 0 0 0 rg BT 195.24 74.25 Td (of ) Tj ET Q q 0 0 0 rg BT 206.00 74.25 Td (IRAP\) ) Tj ET Q q 0 0 0 rg BT 234.54 74.25 Td (was ) Tj ET Q q 0 0 0 rg BT 252.53 74.25 Td (0.3 ) Tj ET Q q 0 0 0 rg BT 267.46 74.25 Td (percent ) Tj ET Q q 0 0 0 rg BT 299.31 74.25 Td (for ) Tj ET Q q 0 0 0 rg BT 313.40 74.25 Td (the ) Tj ET Q q 0 0 0 rg BT 328.05 74.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 347.70 74.25 Td (months ) Tj ET Q q 0 0 0 rg BT 379.58 74.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 405.88 74.25 Td (September ) Tj ET Q q 0 0 0 rg BT 451.08 74.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 466.01 74.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 488.44 74.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 530.29 74.25 Td (to ) Tj ET Q q 0 0 0 rg BT 540.50 74.25 Td (24.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 62.25 Td (percent ) Tj ET Q q 0 0 0 rg BT 86.59 62.25 Td (for ) Tj ET Q q 0 0 0 rg BT 101.42 62.25 Td (the ) Tj ET Q q 0 0 0 rg BT 116.81 62.25 Td (nine ) Tj ET Q q 0 0 0 rg BT 137.20 62.25 Td (months ) Tj ET Q q 0 0 0 rg BT 169.82 62.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 196.87 62.25 Td (September ) Tj ET Q q 0 0 0 rg BT 242.80 62.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 258.47 62.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 284.14 62.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 315.08 62.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 363.79 62.25 Td (to ) Tj ET Q q 0 0 0 rg BT 374.74 62.25 Td (the ) Tj ET Q q 0 0 0 rg BT 390.13 62.25 Td (positive ) Tj ET Q q 0 0 0 rg BT 424.96 62.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 455.35 62.25 Td (of ) Tj ET Q q 0 0 0 rg BT 466.85 62.25 Td (the ) Tj ET Q q 0 0 0 rg BT 482.23 62.25 Td (Patent ) Tj ET Q q 0 0 0 rg BT 510.40 62.25 Td (Box ) Tj ET Q q 0 0 0 rg BT 530.24 62.25 Td (benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 50.25 Td (relating ) Tj ET Q q 0 0 0 rg BT 87.04 50.25 Td (to ) Tj ET Q q 0 0 0 rg BT 97.32 50.25 Td (the ) Tj ET Q q 0 0 0 rg BT 112.04 50.25 Td (years ) Tj ET Q q 0 0 0 rg BT 135.64 50.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 158.14 50.25 Td (to ) Tj ET Q q 0 0 0 rg BT 168.41 50.25 Td (2017 ) Tj ET Q q 0 0 0 rg BT 190.91 50.25 Td (as ) Tj ET Q q 0 0 0 rg BT 201.74 50.25 Td (well ) Tj ET Q q 0 0 0 rg BT 221.46 50.25 Td (as ) Tj ET Q q 0 0 0 rg BT 232.29 50.25 Td (the ) Tj ET Q q 0 0 0 rg BT 247.01 50.25 Td (positive ) Tj ET Q q 0 0 0 rg BT 281.17 50.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 310.88 50.25 Td (of ) Tj ET Q q 0 0 0 rg BT 321.71 50.25 Td (the ) Tj ET Q q 0 0 0 rg BT 336.43 50.25 Td (Patent ) Tj ET Q q 0 0 0 rg BT 363.93 50.25 Td (Box ) Tj ET Q q 0 0 0 rg BT 383.10 50.25 Td (related ) Tj ET Q q 0 0 0 rg BT 412.80 50.25 Td (to ) Tj ET Q q 0 0 0 rg BT 423.08 50.25 Td (the ) Tj ET Q q 0 0 0 rg BT 437.79 50.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 460.29 50.25 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 484.45 50.25 Td (year) Tj ET Q q 0 0 0 rg BT 501.10 50.25 Td (.) Tj ET Q endstream endobj 99 0 obj <> endobj 100 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 701.10 Td (IRAP) Tj ET Q q 0 0 0 rg BT 112.41 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 114.94 701.10 Td (\(current ) Tj ET Q q 0 0 0 rg BT 149.11 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 166.07 701.10 Td (deferred\) ) Tj ET Q q 0 0 0 rg BT 205.24 701.10 Td (for ) Tj ET Q q 0 0 0 rg BT 219.42 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 234.16 701.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 253.91 701.10 Td (months ) Tj ET Q q 0 0 0 rg BT 285.88 701.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 312.28 701.10 Td (September ) Tj ET Q q 0 0 0 rg BT 357.57 701.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 372.60 701.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 395.13 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 412.09 701.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 434.62 701.10 Td (amounted ) Tj ET Q q 0 0 0 rg BT 476.57 701.10 Td (to ) Tj ET Q q 0 0 0 rg BT 486.88 701.10 Td (17,750 ) Tj ET Q q 0 0 0 rg BT 521.90 701.10 Td (thousand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 70.60 689.10 Td (19,804 ) Tj ET Q q 0 0 0 rg BT 105.25 689.10 Td (thousand, ) Tj ET Q q 0 0 0 rg BT 146.02 689.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 193.68 689.10 Td (. ) Tj ET Q q 0 0 0 rg BT 198.34 689.10 Td (IRAP) Tj ET Q q 0 0 0 rg BT 220.75 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 222.91 689.10 Td (is ) Tj ET Q q 0 0 0 rg BT 231.74 689.10 Td (only ) Tj ET Q q 0 0 0 rg BT 251.68 689.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 294.92 689.10 Td (to ) Tj ET Q q 0 0 0 rg BT 304.86 689.10 Td (Italian ) Tj ET Q q 0 0 0 rg BT 332.56 689.10 Td (entities ) Tj ET Q q 0 0 0 rg BT 363.60 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 380.20 689.10 Td (is ) Tj ET Q q 0 0 0 rg BT 389.02 689.10 Td (calculated ) Tj ET Q q 0 0 0 rg BT 431.71 689.10 Td (on ) Tj ET Q q 0 0 0 rg BT 443.87 689.10 Td (a ) Tj ET Q q 0 0 0 rg BT 450.46 689.10 Td (measure ) Tj ET Q q 0 0 0 rg BT 485.94 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 496.43 689.10 Td (income ) Tj ET Q q 0 0 0 rg BT 528.02 689.10 Td (defined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 677.10 Td (by ) Tj ET Q q 0 0 0 rg BT 66.60 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 81.42 677.10 Td (Italian ) Tj ET Q q 0 0 0 rg BT 109.56 677.10 Td (Civil ) Tj ET Q q 0 0 0 rg BT 132.16 677.10 Td (Code ) Tj ET Q q 0 0 0 rg BT 155.87 677.10 Td (as ) Tj ET Q q 0 0 0 rg BT 166.80 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 181.61 677.10 Td (dif) Tj ET Q q 0 0 0 rg BT 192.54 677.10 Td (ference ) Tj ET Q q 0 0 0 rg BT 224.55 677.10 Td (between ) Tj ET Q q 0 0 0 rg BT 260.47 677.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 300.83 677.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 338.97 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 356.00 677.10 Td (costs, ) Tj ET Q q 0 0 0 rg BT 381.10 677.10 Td (before ) Tj ET Q q 0 0 0 rg BT 409.24 677.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 446.82 677.10 Td (income ) Tj ET Q q 0 0 0 rg BT 478.85 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 495.89 677.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 533.20 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 550.23 677.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.10 Td (particular ) Tj ET Q q 0 0 0 rg BT 94.45 665.10 Td (before ) Tj ET Q q 0 0 0 rg BT 122.12 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.47 665.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 154.71 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 165.18 665.10 Td (fixed-term ) Tj ET Q q 0 0 0 rg BT 209.52 665.10 Td (employees, ) Tj ET Q q 0 0 0 rg BT 256.92 665.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 281.81 665.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 307.84 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 324.42 665.10 Td (any ) Tj ET Q q 0 0 0 rg BT 340.99 665.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 372.56 665.10 Td (included ) Tj ET Q q 0 0 0 rg BT 409.13 665.10 Td (in ) Tj ET Q q 0 0 0 rg BT 419.04 665.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 441.16 665.10 Td (payments. ) Tj ET Q q 0 0 0 rg BT 484.12 665.10 Td (IRAP) Tj ET Q q 0 0 0 rg BT 506.53 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 508.67 665.10 Td (is ) Tj ET Q q 0 0 0 rg BT 517.47 665.10 Td (calculated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 653.10 Td (using ) Tj ET Q q 0 0 0 rg BT 77.93 653.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 115.17 653.10 Td (information ) Tj ET Q q 0 0 0 rg BT 164.63 653.10 Td (prepared ) Tj ET Q q 0 0 0 rg BT 201.87 653.10 Td (under ) Tj ET Q q 0 0 0 rg BT 226.89 653.10 Td (Italian ) Tj ET Q q 0 0 0 rg BT 254.69 653.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 300.82 653.10 Td (standards. ) Tj ET Q q 0 0 0 rg BT 343.35 653.10 Td (IRAP) Tj ET Q q 0 0 0 rg BT 365.76 653.10 Td ( ) Tj ET Q q 0 0 0 rg BT 368.02 653.10 Td (is ) Tj ET Q q 0 0 0 rg BT 376.94 653.10 Td (applied ) Tj ET Q q 0 0 0 rg BT 408.64 653.10 Td (on ) Tj ET Q q 0 0 0 rg BT 420.89 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 435.37 653.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 449.84 653.10 Td (base ) Tj ET Q q 0 0 0 rg BT 469.87 653.10 Td (at ) Tj ET Q q 0 0 0 rg BT 479.34 653.10 Td (3.9 ) Tj ET Q q 0 0 0 rg BT 494.10 653.10 Td (percent ) Tj ET Q q 0 0 0 rg BT 525.78 653.10 Td (for ) Tj ET Q q 0 0 0 rg BT 539.70 653.10 Td (each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 64.83 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 79.55 641.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 99.26 641.10 Td (months ) Tj ET Q q 0 0 0 rg BT 131.21 641.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 157.59 641.10 Td (September ) Tj ET Q q 0 0 0 rg BT 202.85 641.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 217.85 641.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 240.35 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 257.29 641.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 282.29 641.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 329.95 641.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 617.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 617.10 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 128.12 617.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 142.93 617.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 168.85 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 185.88 617.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 225.69 617.10 Td (of ) Tj ET Q q 0 0 0 rg BT 236.61 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 251.42 617.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 294.56 617.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 347.70 617.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 393.05 617.10 Td (are ) Tj ET Q q 0 0 0 rg BT 407.85 617.10 Td (of) Tj ET Q q 0 0 0 rg BT 416.00 617.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 433.03 617.10 Td (within ) Tj ET Q q 0 0 0 rg BT 461.18 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 475.99 617.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 507.46 617.10 Td (consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 94.82 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 105.65 605.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 143.13 605.10 Td (position ) Tj ET Q q 0 0 0 rg BT 177.86 605.10 Td (where ) Tj ET Q q 0 0 0 rg BT 204.79 605.10 Td (these ) Tj ET Q q 0 0 0 rg BT 227.83 605.10 Td (may ) Tj ET Q q 0 0 0 rg BT 247.55 605.10 Td (be ) Tj ET Q q 0 0 0 rg BT 259.49 605.10 Td (of) Tj ET Q q 0 0 0 rg BT 267.64 605.10 Td (fset.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 581.10 Td (13. EARNINGS PER SHARE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 557.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 90.00 557.10 Td (Basic ) Tj ET Q q 0 0 0 rg BT 115.28 557.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 153.90 557.10 Td (per ) Tj ET Q q 0 0 0 rg BT 169.73 557.10 Td (share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.51 557.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 533.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 533.10 Td (Basic ) Tj ET Q q 0 0 0 rg BT 115.05 533.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 151.75 533.10 Td (per ) Tj ET Q q 0 0 0 rg BT 167.35 533.10 Td (share ) Tj ET Q q 0 0 0 rg BT 191.28 533.10 Td (is ) Tj ET Q q 0 0 0 rg BT 200.77 533.10 Td (calculated ) Tj ET Q q 0 0 0 rg BT 244.13 533.10 Td (by ) Tj ET Q q 0 0 0 rg BT 256.96 533.10 Td (dividing ) Tj ET Q q 0 0 0 rg BT 293.12 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 308.17 533.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 333.21 533.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 381.58 533.10 Td (to ) Tj ET Q q 0 0 0 rg BT 392.19 533.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 420.01 533.10 Td (holders ) Tj ET Q q 0 0 0 rg BT 452.28 533.10 Td (of ) Tj ET Q q 0 0 0 rg BT 463.44 533.10 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 493.47 533.10 Td (by ) Tj ET Q q 0 0 0 rg BT 506.30 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 521.34 533.10 Td (weighted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 521.10 Td (average ) Tj ET Q q 0 0 0 rg BT 87.43 521.10 Td (number ) Tj ET Q q 0 0 0 rg BT 120.33 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 131.00 521.10 Td (common ) Tj ET Q q 0 0 0 rg BT 168.35 521.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 195.68 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 205.81 521.10 Td (issue. ) Tj ET Q q 0 0 0 rg BT 230.49 521.10 Td (The ) Tj ET Q q 0 0 0 rg BT 248.38 521.10 Td (following ) Tj ET Q q 0 0 0 rg BT 289.62 521.10 Td (table ) Tj ET Q q 0 0 0 rg BT 311.40 521.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 348.18 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 362.75 521.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 398.98 521.10 Td (used ) Tj ET Q q 0 0 0 rg BT 419.66 521.10 Td (in ) Tj ET Q q 0 0 0 rg BT 429.79 521.10 Td (the ) Tj ET Q q 0 0 0 rg BT 444.35 521.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 490.57 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 501.24 521.10 Td (basic ) Tj ET Q q 0 0 0 rg BT 524.14 521.10 Td (earnings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 509.10 Td (per ) Tj ET Q q 0 0 0 rg BT 69.27 509.10 Td (share ) Tj ET Q q 0 0 0 rg BT 92.87 509.10 Td (for ) Tj ET Q q 0 0 0 rg BT 107.03 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 121.74 509.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 153.68 509.10 Td (presented: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 443.60 201.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.50 443.60 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 443.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 443.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 443.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 443.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 443.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 443.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 443.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 443.60 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 471.6 m 365.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 471.6 m 369.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 471.6 m 429.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 471.6 m 493.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 471.6 m 497.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 471.6 m 557.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 471.6 m 365.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 457.6 m 365.5 457.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 471.6 m 369.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 471.6 m 429.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 457.6 m 429.5 457.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 471.6 m 493.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 457.6 m 493.5 457.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 471.6 m 497.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 471.6 m 557.5 471.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 457.6 m 557.5 457.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 429.6 m 365.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 429.6 m 429.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 429.6 m 493.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 429.6 m 557.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 429.6 m 365.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 416.6 m 365.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 414.6 m 365.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 429.6 m 429.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 416.6 m 429.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 414.6 m 429.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 429.6 m 493.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 416.6 m 493.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 414.6 m 493.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 429.6 m 557.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 416.6 m 557.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 414.6 m 557.5 414.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.90 485.05 Td (For) Tj ET Q q 0 0 0 rg BT 329.81 485.05 Td ( the thr) Tj ET Q q 0 0 0 rg BT 358.14 485.05 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.55 476.05 Td (September) Tj ET Q q 0 0 0 rg BT 382.96 476.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.55 485.05 Td (For) Tj ET Q q 0 0 0 rg BT 459.46 485.05 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.55 476.05 Td (September) Tj ET Q q 0 0 0 rg BT 510.96 476.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.00 462.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.00 462.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.00 462.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.00 462.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 448.06 Td (Profit attributable to owners of the parent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.85 448.06 Td ( thousand) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.75 448.06 Td (286,922) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 396.75 448.06 Td (140,146) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.75 448.06 Td (594,827) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 448.06 Td (399,750) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 434.06 Td (W) Tj ET Q q 0 0 0 rg BT 63.77 434.06 Td (eighted average number of common shares) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.25 434.06 Td (thousand) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.75 434.06 Td (188,646) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 396.75 434.06 Td (188,954) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.75 434.06 Td (188,712) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 434.06 Td (188,951) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 420.05 Td (Basic earnings per) Tj ET Q q 0 0 0 rg BT 126.84 420.05 Td ( common shar) Tj ET Q q 0 0 0 rg BT 181.17 420.05 Td (e) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.25 420.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.25 420.05 Td (1.52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.25 420.05 Td (0.74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.25 420.05 Td (3.15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 538.25 420.05 Td (2.1) Tj ET Q q 0 0 0 rg BT 549.50 420.05 Td (1) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 404.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 392.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 392.10 Td (Diluted ) Tj ET Q q 0 0 0 rg BT 123.06 392.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 161.68 392.10 Td (per ) Tj ET Q q 0 0 0 rg BT 177.51 392.10 Td (share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 368.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 368.10 Td (For ) Tj ET Q q 0 0 0 rg BT 106.23 368.10 Td (the ) Tj ET Q q 0 0 0 rg BT 120.78 368.10 Td (three ) Tj ET Q q 0 0 0 rg BT 143.10 368.10 Td (and ) Tj ET Q q 0 0 0 rg BT 159.87 368.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 179.43 368.10 Td (months ) Tj ET Q q 0 0 0 rg BT 211.21 368.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 237.42 368.10 Td (September ) Tj ET Q q 0 0 0 rg BT 282.52 368.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 297.36 368.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 322.19 368.10 Td (the ) Tj ET Q q 0 0 0 rg BT 336.74 368.10 Td (weighted ) Tj ET Q q 0 0 0 rg BT 375.74 368.10 Td (average ) Tj ET Q q 0 0 0 rg BT 409.15 368.10 Td (number ) Tj ET Q q 0 0 0 rg BT 442.04 368.10 Td (of ) Tj ET Q q 0 0 0 rg BT 452.70 368.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 480.03 368.10 Td (for ) Tj ET Q q 0 0 0 rg BT 494.02 368.10 Td (diluted ) Tj ET Q q 0 0 0 rg BT 524.13 368.10 Td (earnings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 356.10 Td (per ) Tj ET Q q 0 0 0 rg BT 68.99 356.10 Td (share ) Tj ET Q q 0 0 0 rg BT 92.30 356.10 Td (was ) Tj ET Q q 0 0 0 rg BT 110.07 356.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 150.05 356.10 Td (to ) Tj ET Q q 0 0 0 rg BT 160.04 356.10 Td (take ) Tj ET Q q 0 0 0 rg BT 178.92 356.10 Td (into ) Tj ET Q q 0 0 0 rg BT 196.69 356.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 252.78 356.10 Td (the ) Tj ET Q q 0 0 0 rg BT 267.22 356.10 Td (theoretical ) Tj ET Q q 0 0 0 rg BT 311.63 356.10 Td (ef) Tj ET Q q 0 0 0 rg BT 319.22 356.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 336.42 356.10 Td (of ) Tj ET Q q 0 0 0 rg BT 346.97 356.10 Td (the ) Tj ET Q q 0 0 0 rg BT 361.41 356.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 398.62 356.10 Td (common ) Tj ET Q q 0 0 0 rg BT 435.83 356.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 463.04 356.10 Td (that ) Tj ET Q q 0 0 0 rg BT 480.25 356.10 Td (would ) Tj ET Q q 0 0 0 rg BT 507.47 356.10 Td (be ) Tj ET Q q 0 0 0 rg BT 519.13 356.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 546.34 356.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 344.10 Td (the ) Tj ET Q q 0 0 0 rg BT 68.65 344.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 96.07 344.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 135.15 344.10 Td (plan. ) Tj ET Q q 0 0 0 rg BT 157.30 344.10 Td (For ) Tj ET Q q 0 0 0 rg BT 173.62 344.10 Td (the ) Tj ET Q q 0 0 0 rg BT 188.27 344.10 Td (three ) Tj ET Q q 0 0 0 rg BT 210.69 344.10 Td (and ) Tj ET Q q 0 0 0 rg BT 227.56 344.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 247.20 344.10 Td (months ) Tj ET Q q 0 0 0 rg BT 279.08 344.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 305.39 344.10 Td (September ) Tj ET Q q 0 0 0 rg BT 350.58 344.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 365.52 344.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 387.95 344.10 Td (the ) Tj ET Q q 0 0 0 rg BT 402.59 344.10 Td (weighted ) Tj ET Q q 0 0 0 rg BT 441.68 344.10 Td (average ) Tj ET Q q 0 0 0 rg BT 475.19 344.10 Td (number ) Tj ET Q q 0 0 0 rg BT 508.17 344.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.93 344.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 546.35 344.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 332.10 Td (diluted ) Tj ET Q q 0 0 0 rg BT 84.11 332.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 120.32 332.10 Td (per ) Tj ET Q q 0 0 0 rg BT 135.43 332.10 Td (share ) Tj ET Q q 0 0 0 rg BT 158.86 332.10 Td (was ) Tj ET Q q 0 0 0 rg BT 176.75 332.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 216.84 332.10 Td (to ) Tj ET Q q 0 0 0 rg BT 226.95 332.10 Td (take ) Tj ET Q q 0 0 0 rg BT 245.94 332.10 Td (into ) Tj ET Q q 0 0 0 rg BT 263.83 332.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 320.04 332.10 Td (the ) Tj ET Q q 0 0 0 rg BT 334.59 332.10 Td (theoretical ) Tj ET Q q 0 0 0 rg BT 379.13 332.10 Td (ef) Tj ET Q q 0 0 0 rg BT 386.71 332.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 404.03 332.10 Td (of ) Tj ET Q q 0 0 0 rg BT 414.70 332.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 426.47 332.10 Td (the ) Tj ET Q q 0 0 0 rg BT 441.03 332.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 478.35 332.10 Td (common ) Tj ET Q q 0 0 0 rg BT 515.68 332.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 543.01 332.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 320.10 Td (would ) Tj ET Q q 0 0 0 rg BT 80.90 320.10 Td (be ) Tj ET Q q 0 0 0 rg BT 92.24 320.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 119.14 320.10 Td (under ) Tj ET Q q 0 0 0 rg BT 143.81 320.10 Td (the ) Tj ET Q q 0 0 0 rg BT 157.93 320.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 184.83 320.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 223.38 320.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 242.50 320.10 Td (and ) Tj ET Q q 0 0 0 rg BT 258.84 320.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 272.96 320.10 Td (the ) Tj ET Q q 0 0 0 rg BT 287.08 320.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 323.97 320.10 Td (common ) Tj ET Q q 0 0 0 rg BT 360.87 320.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 387.76 320.10 Td (that ) Tj ET Q q 0 0 0 rg BT 404.66 320.10 Td (would ) Tj ET Q q 0 0 0 rg BT 431.56 320.10 Td (be ) Tj ET Q q 0 0 0 rg BT 442.90 320.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 469.80 320.10 Td (for ) Tj ET Q q 0 0 0 rg BT 483.36 320.10 Td (the ) Tj ET Q q 0 0 0 rg BT 497.48 320.10 Td (Non-Executive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 308.10 Td (Directors) Tj ET Q q 0 0 0 rg BT 93.79 308.10 Td ( ) Tj ET Q q 0 0 0 rg BT 96.29 308.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 154.34 308.10 Td (agreement. ) Tj ET Q q 0 0 0 rg BT 200.98 308.10 Td (See ) Tj ET Q q 0 0 0 rg BT 217.92 308.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 239.85 308.10 Td (21 ) Tj ET Q q 0 0 0 rg BT 252.35 308.10 Td (for ) Tj ET Q q 0 0 0 rg BT 266.51 308.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 309.00 308.10 Td (details ) Tj ET Q q 0 0 0 rg BT 337.61 308.10 Td (on ) Tj ET Q q 0 0 0 rg BT 350.11 308.10 Td (the ) Tj ET Q q 0 0 0 rg BT 364.83 308.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 392.32 308.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 431.47 308.10 Td (plan. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 296.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 284.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 284.10 Td (The ) Tj ET Q q 0 0 0 rg BT 108.29 284.10 Td (following ) Tj ET Q q 0 0 0 rg BT 149.91 284.10 Td (table ) Tj ET Q q 0 0 0 rg BT 172.08 284.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 209.26 284.10 Td (the ) Tj ET Q q 0 0 0 rg BT 224.22 284.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 260.84 284.10 Td (used ) Tj ET Q q 0 0 0 rg BT 281.91 284.10 Td (in ) Tj ET Q q 0 0 0 rg BT 292.43 284.10 Td (the ) Tj ET Q q 0 0 0 rg BT 307.39 284.10 Td (calculation ) Tj ET Q q 0 0 0 rg BT 353.99 284.10 Td (of ) Tj ET Q q 0 0 0 rg BT 365.06 284.10 Td (diluted ) Tj ET Q q 0 0 0 rg BT 395.58 284.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 432.19 284.10 Td (per ) Tj ET Q q 0 0 0 rg BT 447.70 284.10 Td (share ) Tj ET Q q 0 0 0 rg BT 471.54 284.10 Td (for ) Tj ET Q q 0 0 0 rg BT 485.94 284.10 Td (the ) Tj ET Q q 0 0 0 rg BT 500.89 284.10 Td (three ) Tj ET Q q 0 0 0 rg BT 523.62 284.10 Td (and ) Tj ET Q q 0 0 0 rg BT 540.80 284.10 Td (nine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 272.10 Td (months ) Tj ET Q q 0 0 0 rg BT 85.95 272.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 112.33 272.10 Td (September ) Tj ET Q q 0 0 0 rg BT 157.59 272.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 172.59 272.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 195.09 272.10 Td (and ) Tj ET Q q 0 0 0 rg BT 212.03 272.10 Td (2017:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 199.60 193.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 199.60 49.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 199.60 63.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 199.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 199.60 62.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 199.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 199.60 62.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 199.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 199.60 63.00 -22.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 229.60000000000002 m 358.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 229.60000000000002 m 362.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 229.60000000000002 m 424.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 229.60000000000002 m 490.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 229.60000000000002 m 494.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 229.60000000000002 m 557.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 229.60000000000002 m 358.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 214.60000000000002 m 358.5 214.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 229.60000000000002 m 424.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 214.60000000000002 m 424.5 214.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 229.60000000000002 m 490.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 214.60000000000002 m 490.5 214.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 229.60000000000002 m 557.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 214.60000000000002 m 557.5 214.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 177.60000000000002 m 358.5 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 177.60000000000002 m 424.5 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 177.60000000000002 m 358.5 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 163.60000000000002 m 358.5 163.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 161.60000000000002 m 358.5 161.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 177.60000000000002 m 424.5 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 163.60000000000002 m 424.5 163.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 161.60000000000002 m 424.5 161.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 177.60000000000002 m 490.5 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 163.60000000000002 m 490.5 163.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 161.60000000000002 m 490.5 161.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 177.60000000000002 m 557.5 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 163.60000000000002 m 557.5 163.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 161.60000000000002 m 557.5 161.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.40 241.00 Td (For) Tj ET Q q 0 0 0 rg BT 322.31 241.00 Td ( the thr) Tj ET Q q 0 0 0 rg BT 350.64 241.00 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.05 232.05 Td (September) Tj ET Q q 0 0 0 rg BT 375.46 232.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.05 241.00 Td (For) Tj ET Q q 0 0 0 rg BT 456.96 241.00 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.05 232.05 Td (September) Tj ET Q q 0 0 0 rg BT 508.46 232.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.50 219.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 219.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.00 219.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.50 219.05 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 204.06 Td (Profit attributable to owners of the parent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 250.85 204.06 Td ( thousand) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.75 204.06 Td (286,922) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 391.75 204.06 Td (140,146) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.75 204.06 Td (594,827) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 204.06 Td (399,750) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 190.86 Td (W) Tj ET Q q 0 0 0 rg BT 63.77 190.86 Td (eighted average number of common shares for ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 181.86 Td (diluted earnings per common share) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 254.25 182.06 Td (thousand) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.75 182.06 Td (189,434) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 391.75 182.06 Td (189,759) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.75 182.06 Td (189,500) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 182.06 Td (189,759) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 167.05 Td (Diluted earnings per) Tj ET Q q 0 0 0 rg BT 134.84 167.05 Td ( common shar) Tj ET Q q 0 0 0 rg BT 189.17 167.05 Td (e) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.25 167.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.25 167.05 Td (1.51) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.25 167.05 Td (0.74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.25 167.05 Td (3.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 538.25 167.05 Td (2.1) Tj ET Q q 0 0 0 rg BT 549.50 167.05 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 139.10 Td (14. INT) Tj ET Q q 0 0 0 rg BT 91.04 139.10 Td (ANGIBLE ) Tj ET Q q 0 0 0 rg BT 139.11 139.10 Td (ASSETS) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 75.60 94.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 148.50 75.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 75.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 217.50 75.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 75.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 75.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 75.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 75.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 75.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 75.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 75.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 75.60 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 148.5 87.60000000000002 m 213.5 87.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 87.60000000000002 m 282.5 87.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 87.60000000000002 m 351.5 87.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 87.60000000000002 m 420.5 87.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 87.60000000000002 m 424.5 87.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 87.60000000000002 m 489.5 87.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 87.60000000000002 m 558.5 87.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 148.5 62.60000000000002 m 213.5 62.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 148.5 60.60000000000002 m 213.5 60.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 62.60000000000002 m 282.5 62.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 60.60000000000002 m 282.5 60.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 62.60000000000002 m 351.5 62.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 60.60000000000002 m 351.5 60.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 62.60000000000002 m 420.5 62.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 60.60000000000002 m 420.5 60.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 62.60000000000002 m 489.5 62.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 60.60000000000002 m 489.5 60.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 62.60000000000002 m 558.5 62.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 60.60000000000002 m 558.5 60.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 162.60 107.83 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 157.25 99.83 Td (December) Tj ET Q q 0 0 0 rg BT 191.82 99.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 172.50 91.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.80 91.83 Td (Additions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.45 91.83 Td (Disposals) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.60 91.83 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.75 107.83 Td (T) Tj ET Q q 0 0 0 rg BT 441.49 107.83 Td (ranslation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.45 99.83 Td (differ) Tj ET Q q 0 0 0 rg BT 449.41 99.83 Td (ences and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.45 91.83 Td (other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.60 107.83 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.10 99.83 Td (September) Tj ET Q q 0 0 0 rg BT 537.83 99.83 Td ( 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.50 91.83 Td (2018) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 335.40 79.65 Td (\( thousand\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 57.00 65.83 Td (Intangible assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 180.75 66.05 Td (440,456) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 249.75 66.05 Td (223,280) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 66.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.25 66.05 Td (\(95,885) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 66.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.00 66.05 Td (87) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 66.05 Td (567,938) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 101 0 obj <> endobj 102 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 713.10 Td (Additions ) Tj ET Q q 0 0 0 rg BT 131.34 713.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.57 713.10 Td (223,280 ) Tj ET Q q 0 0 0 rg BT 180.97 713.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.07 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 218.97 713.10 Td (for ) Tj ET Q q 0 0 0 rg BT 232.53 713.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.64 713.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 265.75 713.10 Td (months ) Tj ET Q q 0 0 0 rg BT 297.10 713.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 322.87 713.10 Td (September ) Tj ET Q q 0 0 0 rg BT 367.53 713.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.03 713.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.93 713.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.93 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 403.82 713.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 442.93 713.10 Td (related ) Tj ET Q q 0 0 0 rg BT 472.03 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 481.70 713.10 Td (externally ) Tj ET Q q 0 0 0 rg BT 523.58 713.10 Td (acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 70.94 701.10 Td (internally ) Tj ET Q q 0 0 0 rg BT 111.76 701.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 153.12 701.10 Td (development ) Tj ET Q q 0 0 0 rg BT 207.27 701.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 229.77 701.10 Td (for ) Tj ET Q q 0 0 0 rg BT 243.93 701.10 Td (new ) Tj ET Q q 0 0 0 rg BT 263.09 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 280.03 701.10 Td (existing ) Tj ET Q q 0 0 0 rg BT 314.20 701.10 Td (models.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 677.10 Td (15. PROPER) Tj ET Q q 0 0 0 rg BT 114.76 677.10 Td (TY) Tj ET Q q 0 0 0 rg BT 127.73 677.10 Td (, PLANT) Tj ET Q q 0 0 0 rg BT 166.44 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 168.39 677.10 Td (AND EQUIPMENT) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 52.50 611.60 120.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 611.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 233.50 611.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 611.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 611.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 611.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 611.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 611.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 611.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 611.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 611.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 611.60 61.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 623.6 m 233.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237.5 623.6 m 298.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 623.6 m 363.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 623.6 m 428.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 623.6 m 432.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 623.6 m 493.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 623.6 m 558.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 598.6 m 233.5 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 596.6 m 233.5 596.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237.5 598.6 m 298.5 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237.5 596.6 m 298.5 596.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 598.6 m 363.5 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 596.6 m 363.5 596.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 598.6 m 428.5 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 596.6 m 428.5 596.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 598.6 m 493.5 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 596.6 m 493.5 596.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 598.6 m 558.5 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 596.6 m 558.5 596.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 184.60 643.83 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 179.25 635.83 Td (December) Tj ET Q q 0 0 0 rg BT 213.82 635.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 194.50 627.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.80 627.83 Td (Additions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 316.45 627.83 Td (Disposals) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.55 627.83 Td (Depr) Tj ET Q q 0 0 0 rg BT 392.81 627.83 Td (eciation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.75 643.83 Td (T) Tj ET Q q 0 0 0 rg BT 447.49 643.83 Td (ranslation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.45 635.83 Td (differ) Tj ET Q q 0 0 0 rg BT 455.41 635.83 Td (ences and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.45 627.83 Td (other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.60 643.83 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.10 635.83 Td (September) Tj ET Q q 0 0 0 rg BT 539.83 635.83 Td ( 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.50 627.83 Td (2018) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 347.40 615.65 Td (\( thousand\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.00 601.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 63.29 601.83 Td (operty) Tj ET Q q 0 0 0 rg BT 85.07 601.83 Td (, plant and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 200.75 602.05 Td (710,260) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 265.75 602.05 Td (180,196) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 343.50 602.05 Td (\(516) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.00 602.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.75 602.05 Td (\(1) Tj ET Q q 0 0 0 rg BT 400.25 602.05 Td (14,257) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.00 602.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 602.05 Td (1,101) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 602.05 Td (776,784) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 574.10 Td (Additions ) Tj ET Q q 0 0 0 rg BT 132.14 574.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.16 574.10 Td (180,196 ) Tj ET Q q 0 0 0 rg BT 183.36 574.10 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.47 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 222.16 574.10 Td (for ) Tj ET Q q 0 0 0 rg BT 236.51 574.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.42 574.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 271.33 574.10 Td (months ) Tj ET Q q 0 0 0 rg BT 303.47 574.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 330.04 574.10 Td (September ) Tj ET Q q 0 0 0 rg BT 375.50 574.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.00 574.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.69 574.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.69 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 413.38 574.10 Td (were ) Tj ET Q q 0 0 0 rg BT 435.51 574.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 465.97 574.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 510.32 574.10 Td (of ) Tj ET Q q 0 0 0 rg BT 521.34 574.10 Td (additions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 562.10 Td (to ) Tj ET Q q 0 0 0 rg BT 64.28 562.10 Td (plant, ) Tj ET Q q 0 0 0 rg BT 89.27 562.10 Td (machinery ) Tj ET Q q 0 0 0 rg BT 133.98 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 150.91 562.10 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 198.13 562.10 Td (as ) Tj ET Q q 0 0 0 rg BT 208.96 562.10 Td (well ) Tj ET Q q 0 0 0 rg BT 228.67 562.10 Td (as ) Tj ET Q q 0 0 0 rg BT 239.50 562.10 Td (advances ) Tj ET Q q 0 0 0 rg BT 278.65 562.10 Td (and ) Tj ET Q q 0 0 0 rg BT 295.59 562.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 321.42 562.10 Td (under ) Tj ET Q q 0 0 0 rg BT 346.69 562.10 Td (construction. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 550.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 538.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 538.10 Td (At ) Tj ET Q q 0 0 0 rg BT 103.10 538.10 Td (September30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.87 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 163.97 538.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.97 538.10 Td (, ) Tj ET Q q 0 0 0 rg BT 189.58 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 204.90 538.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 233.55 538.10 Td (had ) Tj ET Q q 0 0 0 rg BT 251.10 538.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 298.62 538.10 Td (commitments ) Tj ET Q q 0 0 0 rg BT 356.16 538.10 Td (for ) Tj ET Q q 0 0 0 rg BT 370.93 538.10 Td (the ) Tj ET Q q 0 0 0 rg BT 386.25 538.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 424.89 538.10 Td (of ) Tj ET Q q 0 0 0 rg BT 436.33 538.10 Td (property) Tj ET Q q 0 0 0 rg BT 469.55 538.10 Td (, ) Tj ET Q q 0 0 0 rg BT 475.16 538.10 Td (plant ) Tj ET Q q 0 0 0 rg BT 498.26 538.10 Td (and ) Tj ET Q q 0 0 0 rg BT 515.80 538.10 Td (equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 524.90 Td (amounting ) Tj ET Q q 0 0 0 rg BT 99.27 524.90 Td (to ) Tj ET Q q 0 0 0 rg BT 109.55 524.90 Td (148,408) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 147.05 524.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.80 524.90 Td (thousand ) Tj ET Q q 0 0 0 rg BT 188.41 524.90 Td (\(37,844 ) Tj ET Q q 0 0 0 rg BT 226.74 524.90 Td (thousand ) Tj ET Q q 0 0 0 rg BT 265.35 524.90 Td (at ) Tj ET Q q 0 0 0 rg BT 275.07 524.90 Td (December31, ) Tj ET Q q 0 0 0 rg BT 333.65 524.90 Td (2017\).) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 500.90 Td (16. INVESTMENTS ) Tj ET Q q 0 0 0 rg BT 148.75 500.90 Td (AND OTHER FINANCIAL) Tj ET Q q 0 0 0 rg BT 267.65 500.90 Td ( ) Tj ET Q q 0 0 0 rg BT 269.60 500.90 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 471.50 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 471.50 Td (The ) Tj ET Q q 0 0 0 rg BT 108.05 471.50 Td (composition ) Tj ET Q q 0 0 0 rg BT 159.99 471.50 Td (of ) Tj ET Q q 0 0 0 rg BT 170.82 471.50 Td (investments ) Tj ET Q q 0 0 0 rg BT 221.09 471.50 Td (and ) Tj ET Q q 0 0 0 rg BT 238.03 471.50 Td (other ) Tj ET Q q 0 0 0 rg BT 261.08 471.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 298.56 471.50 Td (assets ) Tj ET Q q 0 0 0 rg BT 324.39 471.50 Td (is ) Tj ET Q q 0 0 0 rg BT 333.56 471.50 Td (as ) Tj ET Q q 0 0 0 rg BT 344.39 471.50 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 433.00 253.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 433.00 124.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 433.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 433.00 124.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.00 405.00 253.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 405.00 124.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 405.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 405.00 124.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 447 m 430 447 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 447 m 558 447 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 447 m 430 447 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 447 m 558 447 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 405 m 430 405 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 392 m 430 392 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 390 m 430 390 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 405 m 558 405 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 392 m 558 392 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 390 m 558 390 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.05 451.45 Td (At September) Tj ET Q q 0 0 0 rg BT 379.20 451.45 Td ( 30, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.30 451.45 Td (At December) Tj ET Q q 0 0 0 rg BT 505.86 451.45 Td ( 31, 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.35 437.46 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 423.46 Td (Investments accounted for using the equity method) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.75 423.46 Td (25,255) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.75 423.46 Td (23,340) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 409.46 Td (Other securities and financial assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 406.25 409.46 Td (7,196) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 409.46 Td (6,698) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 55.50 395.46 Td (T) Tj ET Q q 0 0 0 rg BT 60.37 395.46 Td (otal investments and other financial assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.75 395.45 Td (32,451) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.75 395.45 Td (30,038) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 362.10 Td (Investments ) Tj ET Q q 0 0 0 rg BT 105.95 362.10 Td (accounted ) Tj ET Q q 0 0 0 rg BT 150.67 362.10 Td (for ) Tj ET Q q 0 0 0 rg BT 165.39 362.10 Td (using ) Tj ET Q q 0 0 0 rg BT 190.68 362.10 Td (the ) Tj ET Q q 0 0 0 rg BT 205.96 362.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 233.45 362.10 Td (method) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 340.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 340.10 Td (Investments ) Tj ET Q q 0 0 0 rg BT 140.83 340.10 Td (accounted ) Tj ET Q q 0 0 0 rg BT 183.86 340.10 Td (for ) Tj ET Q q 0 0 0 rg BT 198.02 340.10 Td (using ) Tj ET Q q 0 0 0 rg BT 222.20 340.10 Td (the ) Tj ET Q q 0 0 0 rg BT 236.92 340.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 264.41 340.10 Td (method ) Tj ET Q q 0 0 0 rg BT 296.91 340.10 Td (relate ) Tj ET Q q 0 0 0 rg BT 321.62 340.10 Td (to ) Tj ET Q q 0 0 0 rg BT 331.90 340.10 Td (the ) Tj ET Q q 0 0 0 rg BT 346.62 340.10 Td (Group) Tj ET Q q 0 0 0 rg BT 374.95 340.10 Td (s ) Tj ET Q q 0 0 0 rg BT 381.34 340.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 427.72 340.10 Td (in ) Tj ET Q q 0 0 0 rg BT 438.01 340.10 Td (FFS ) Tj ET Q q 0 0 0 rg BT 457.19 340.10 Td (GmbH ) Tj ET Q q 0 0 0 rg BT 486.92 340.10 Td (and ) Tj ET Q q 0 0 0 rg BT 503.86 340.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 538.57 340.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 328.10 Td (as ) Tj ET Q q 0 0 0 rg BT 64.83 328.10 Td (follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 282.60 386.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 282.60 118.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 254.60 386.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 254.60 118.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 240.60000000000002 m 557.5 240.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 240.60000000000002 m 557.5 240.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 227.60000000000002 m 557.5 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 225.60000000000002 m 557.5 225.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 477.85 286.85 Td (\( thousand\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 273.05 Td (Balance at January 1, 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 273.06 Td (23,340) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 259.06 Td (Proportionate share of net profit for the period from January 1, 2018 to September 30, 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 259.06 Td (1,950) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 245.06 Td (Other changes) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.00 245.06 Td (\(35) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 245.06 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 231.05 Td (Balance at September) Tj ET Q q 0 0 0 rg BT 139.82 231.05 Td ( 30, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 231.05 Td (25,255) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 197.70 Td (Other securities and financial assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 173.70 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 173.70 Td (Other ) Tj ET Q q 0 0 0 rg BT 115.54 173.70 Td (securities ) Tj ET Q q 0 0 0 rg BT 156.07 173.70 Td (and ) Tj ET Q q 0 0 0 rg BT 173.27 173.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 211.02 173.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 237.12 173.70 Td (primarily ) Tj ET Q q 0 0 0 rg BT 277.10 173.70 Td (include ) Tj ET Q q 0 0 0 rg BT 309.30 173.70 Td (the ) Tj ET Q q 0 0 0 rg BT 324.28 173.70 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 356.49 173.70 Td (Shares ) Tj ET Q q 0 0 0 rg BT 385.91 173.70 Td (obtained ) Tj ET Q q 0 0 0 rg BT 423.11 173.70 Td (as ) Tj ET Q q 0 0 0 rg BT 434.21 173.70 Td (a ) Tj ET Q q 0 0 0 rg BT 441.42 173.70 Td (result ) Tj ET Q q 0 0 0 rg BT 466.40 173.70 Td (of ) Tj ET Q q 0 0 0 rg BT 477.50 173.70 Td (exercising ) Tj ET Q q 0 0 0 rg BT 521.36 173.70 Td (the ) Tj ET Q q 0 0 0 rg BT 536.35 173.70 Td (Delta ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 161.70 Td (T) Tj ET Q q 0 0 0 rg BT 59.41 161.70 Td (opco ) Tj ET Q q 0 0 0 rg BT 80.36 161.70 Td (option, ) Tj ET Q q 0 0 0 rg BT 109.92 161.70 Td (which ) Tj ET Q q 0 0 0 rg BT 135.87 161.70 Td (was ) Tj ET Q q 0 0 0 rg BT 152.93 161.70 Td (exercised ) Tj ET Q q 0 0 0 rg BT 192.19 161.70 Td (as ) Tj ET Q q 0 0 0 rg BT 202.03 161.70 Td (a ) Tj ET Q q 0 0 0 rg BT 207.97 161.70 Td (result ) Tj ET Q q 0 0 0 rg BT 231.70 161.70 Td (of ) Tj ET Q q 0 0 0 rg BT 241.54 161.70 Td (the ) Tj ET Q q 0 0 0 rg BT 255.26 161.70 Td (sale ) Tj ET Q q 0 0 0 rg BT 272.31 161.70 Td (of ) Tj ET Q q 0 0 0 rg BT 282.15 161.70 Td (Delta ) Tj ET Q q 0 0 0 rg BT 305.21 161.70 Td (T) Tj ET Q q 0 0 0 rg BT 310.62 161.70 Td (opco ) Tj ET Q q 0 0 0 rg BT 331.56 161.70 Td (\(a ) Tj ET Q q 0 0 0 rg BT 340.84 161.70 Td (company ) Tj ET Q q 0 0 0 rg BT 379.00 161.70 Td (belonging ) Tj ET Q q 0 0 0 rg BT 420.50 161.70 Td (to ) Tj ET Q q 0 0 0 rg BT 429.79 161.70 Td (the ) Tj ET Q q 0 0 0 rg BT 443.52 161.70 Td (Formula ) Tj ET Q q 0 0 0 rg BT 478.91 161.70 Td (1 ) Tj ET Q q 0 0 0 rg BT 485.42 161.70 Td (Group ) Tj ET Q q 0 0 0 rg BT 512.48 161.70 Td (responsible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 149.70 Td (for ) Tj ET Q q 0 0 0 rg BT 68.38 149.70 Td (the ) Tj ET Q q 0 0 0 rg BT 83.31 149.70 Td (promotion ) Tj ET Q q 0 0 0 rg BT 127.69 149.70 Td (of ) Tj ET Q q 0 0 0 rg BT 138.74 149.70 Td (the ) Tj ET Q q 0 0 0 rg BT 153.68 149.70 Td (Formula ) Tj ET Q q 0 0 0 rg BT 190.28 149.70 Td (1 ) Tj ET Q q 0 0 0 rg BT 197.80 149.70 Td (W) Tj ET Q q 0 0 0 rg BT 206.44 149.70 Td (orld ) Tj ET Q q 0 0 0 rg BT 225.26 149.70 Td (Championship\) ) Tj ET Q q 0 0 0 rg BT 289.65 149.70 Td (to ) Tj ET Q q 0 0 0 rg BT 300.14 149.70 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 332.29 149.70 Td (Media ) Tj ET Q q 0 0 0 rg BT 360.56 149.70 Td (Corporation ) Tj ET Q q 0 0 0 rg BT 411.60 149.70 Td (in ) Tj ET Q q 0 0 0 rg BT 422.09 149.70 Td (January ) Tj ET Q q 0 0 0 rg BT 455.91 149.70 Td (2017. ) Tj ET Q q 0 0 0 rg BT 480.93 149.70 Td (The ) Tj ET Q q 0 0 0 rg BT 499.20 149.70 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 531.35 149.70 Td (Shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 136.50 Td (are ) Tj ET Q q 0 0 0 rg BT 68.71 136.50 Td (measured ) Tj ET Q q 0 0 0 rg BT 109.52 136.50 Td (at ) Tj ET Q q 0 0 0 rg BT 119.24 136.50 Td (fair ) Tj ET Q q 0 0 0 rg BT 135.62 136.50 Td (value ) Tj ET Q q 0 0 0 rg BT 159.77 136.50 Td (and ) Tj ET Q q 0 0 0 rg BT 176.71 136.50 Td (amounted ) Tj ET Q q 0 0 0 rg BT 218.64 136.50 Td (to ) Tj ET Q q 0 0 0 rg BT 228.92 136.50 Td (6,193) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 256.42 136.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.17 136.50 Td (thousand ) Tj ET Q q 0 0 0 rg BT 297.78 136.50 Td (at ) Tj ET Q q 0 0 0 rg BT 307.50 136.50 Td (September ) Tj ET Q q 0 0 0 rg BT 352.76 136.50 Td (30, ) Tj ET Q q 0 0 0 rg BT 367.76 136.50 Td (2018 ) Tj ET Q q 0 0 0 rg BT 390.26 136.50 Td (\(5,705 ) Tj ET Q q 0 0 0 rg BT 423.59 136.50 Td (thousand ) Tj ET Q q 0 0 0 rg BT 462.20 136.50 Td (at ) Tj ET Q q 0 0 0 rg BT 471.92 136.50 Td (December ) Tj ET Q q 0 0 0 rg BT 515.50 136.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 530.50 136.50 Td (2017\).) Tj ET Q endstream endobj 103 0 obj <> endobj 104 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 713.25 Td (17. 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Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 352.05 Td (Receivables ) Tj ET Q q 0 0 0 rg BT 104.81 352.05 Td (from ) Tj ET Q q 0 0 0 rg BT 127.31 352.05 Td (financing ) Tj ET Q q 0 0 0 rg BT 169.82 352.05 Td (activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 328.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 328.05 Td (Receivables from financing activities are as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 281.55 340.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 281.55 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 281.55 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 281.55 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 253.55 340.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 253.55 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 253.55 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 253.55 80.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 294.54999999999995 m 474.5 294.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 294.54999999999995 m 558.5 294.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 294.54999999999995 m 474.5 294.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 294.54999999999995 m 558.5 294.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 253.54999999999995 m 474.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 240.54999999999995 m 474.5 240.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 238.54999999999995 m 474.5 238.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 253.54999999999995 m 558.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 240.54999999999995 m 558.5 240.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 238.54999999999995 m 558.5 238.54999999999995 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.70 308.00 Td (At September) Tj ET Q q 0 0 0 rg BT 455.85 308.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 299.00 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.95 308.00 Td (At December) Tj ET Q q 0 0 0 rg BT 538.51 308.00 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.00 299.00 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 459.35 285.80 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 272.01 Td (Client financing) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.75 272.01 Td (801,201) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 272.01 Td (704,014) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 258.01 Td (Dealer financing) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.25 258.01 Td (28,736) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 258.01 Td (28,933) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 244.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.18 244.00 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.75 244.00 Td (829,937) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 244.00 Td (732,947) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 216.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 216.05 Td (The ) Tj ET Q q 0 0 0 rg BT 107.62 216.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 142.45 216.05 Td (in ) Tj ET Q q 0 0 0 rg BT 152.30 216.05 Td (client ) Tj ET Q q 0 0 0 rg BT 176.59 216.05 Td (financing ) Tj ET Q q 0 0 0 rg BT 216.43 216.05 Td (is ) Tj ET Q q 0 0 0 rg BT 225.17 216.05 Td (primarily ) Tj ET Q q 0 0 0 rg BT 264.46 216.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 312.07 216.05 Td (to ) Tj ET Q q 0 0 0 rg BT 321.92 216.05 Td (an ) Tj ET Q q 0 0 0 rg BT 333.43 216.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 368.26 216.05 Td (in ) Tj ET Q q 0 0 0 rg BT 378.11 216.05 Td (the ) Tj ET Q q 0 0 0 rg BT 392.40 216.05 Td (financial ) Tj ET Q q 0 0 0 rg BT 429.46 216.05 Td (receivables ) Tj ET Q q 0 0 0 rg BT 476.50 216.05 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 513.57 216.05 Td (in ) Tj ET Q q 0 0 0 rg BT 523.43 216.05 Td (the ) Tj ET Q q 0 0 0 rg BT 537.72 216.05 Td (U.S..) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 192.05 Td (19. CURRENT) Tj ET Q q 0 0 0 rg BT 123.27 192.05 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 181.89 192.05 Td ( ) Tj ET Q q 0 0 0 rg BT 183.83 192.05 Td (ASSETS ) Tj ET Q q 0 0 0 rg BT 223.03 192.05 Td (AND OTHER FINANCIAL) Tj ET Q q 0 0 0 rg BT 341.93 192.05 Td ( LIABILITIES) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 132.55 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 132.55 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 132.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 132.55 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 102.55 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 102.55 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 102.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 102.55 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 146.54999999999995 m 473.5 146.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 146.54999999999995 m 557.5 146.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 102.54999999999995 m 473.5 102.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 88.54999999999995 m 473.5 88.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 86.54999999999995 m 473.5 86.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 102.54999999999995 m 557.5 102.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 88.54999999999995 m 557.5 88.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 86.54999999999995 m 557.5 86.54999999999995 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.70 160.00 Td (At September) Tj ET Q q 0 0 0 rg BT 454.85 160.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 151.00 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.95 160.00 Td (At December) Tj ET Q q 0 0 0 rg BT 537.51 160.00 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.00 151.00 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.85 137.01 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 122.01 Td (Financial derivatives) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.75 122.01 Td (6,389) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 122.01 Td (1) Tj ET Q q 0 0 0 rg BT 533.75 122.01 Td (1,686) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 107.01 Td (Other financial assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.75 107.01 Td (6,748) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 107.01 Td (3,997) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 92.00 Td (Curr) Tj ET Q q 0 0 0 rg BT 75.33 92.00 Td (ent financial assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.25 92.00 Td (13,137) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 92.00 Td (15,683) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 76.05 Td ( ) Tj ET Q endstream endobj 105 0 obj <> endobj 106 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 713.10 Td (Current ) Tj ET Q q 0 0 0 rg BT 122.38 713.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 159.19 713.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 184.35 713.10 Td (and ) Tj ET Q q 0 0 0 rg BT 200.62 713.10 Td (other ) Tj ET Q q 0 0 0 rg BT 223.00 713.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 259.81 713.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 298.86 713.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 328.46 713.10 Td (relate ) Tj ET Q q 0 0 0 rg BT 352.50 713.10 Td (to ) Tj ET Q q 0 0 0 rg BT 362.10 713.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 392.81 713.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 432.40 713.10 Td (derivatives. ) Tj ET Q q 0 0 0 rg BT 480.47 713.10 Td (The ) Tj ET Q q 0 0 0 rg BT 497.85 713.10 Td (following ) Tj ET Q q 0 0 0 rg BT 538.56 713.10 Td (table ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 701.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 90.94 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 105.66 701.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 140.37 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 151.20 701.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 193.68 701.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 219.51 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 236.45 701.10 Td (liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.17 701.10 Td (at ) Tj ET Q q 0 0 0 rg BT 285.88 701.10 Td (September ) Tj ET Q q 0 0 0 rg BT 331.15 701.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 346.15 701.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 368.65 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 385.59 701.10 Td (December ) Tj ET Q q 0 0 0 rg BT 429.17 701.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 444.17 701.10 Td (2017.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 637.60 172.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 637.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 637.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 637.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 637.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 637.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 637.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 637.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 609.60 172.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 609.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 609.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 609.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 609.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 609.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 609.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 609.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 581.60 172.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 581.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 581.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 581.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 581.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 581.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 581.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 581.60 80.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 664.6 m 305.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 664.6 m 309.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 664.6 m 389.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 664.6 m 473.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 664.6 m 477.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 664.6 m 557.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 650.6 m 305.5 650.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 650.6 m 389.5 650.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 650.6 m 473.5 650.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 650.6 m 557.5 650.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 609.6 m 305.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 609.6 m 389.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 609.6 m 473.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 609.6 m 557.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 567.6 m 305.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 567.6 m 389.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 567.6 m 473.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 567.6 m 557.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 554.6 m 305.5 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 552.6 m 305.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 554.6 m 389.5 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 552.6 m 389.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 554.6 m 473.5 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 552.6 m 473.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 567.6 m 557.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 554.6 m 557.5 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 552.6 m 557.5 552.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 265.55 669.05 Td (At September) Tj ET Q q 0 0 0 rg BT 318.70 669.05 Td ( 30, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.80 669.05 Td (At December) Tj ET Q q 0 0 0 rg BT 485.36 669.05 Td ( 31, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 230.55 655.05 Td (Positivefair) Tj ET Q q 0 0 0 rg BT 276.70 655.05 Td ( value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.80 655.05 Td (Negativefair) Tj ET Q q 0 0 0 rg BT 362.45 655.05 Td ( value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.55 655.05 Td (Positivefair) Tj ET Q q 0 0 0 rg BT 444.70 655.05 Td ( value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.80 655.05 Td (Negativefair) Tj ET Q q 0 0 0 rg BT 530.37 655.05 Td ( value) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 370.85 641.85 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 628.06 Td (Cash flow hedge:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.00 614.06 Td (Foreign currency forwards) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 281.75 614.06 Td (2,484) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 362.75 614.06 Td (\(7,067) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.00 614.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.75 614.06 Td (8,848) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.75 614.06 Td (\(1,136) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 614.06 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 600.05 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 600.05 Td (otal cash flow hedges) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 600.05 Td (2,484) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.75 600.05 Td (\(7,067) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 600.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.75 600.05 Td (8,848) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.75 600.05 Td (\(1,136) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 554.00 600.05 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 586.06 Td (Other foreign exchange derivatives) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 288.50 586.06 Td (552) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 362.75 586.06 Td (\(1,291) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.00 586.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.75 586.06 Td (1,729) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.50 586.06 Td (\(308) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 586.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 572.06 Td (Interest rate caps) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 281.75 572.06 Td (3,353) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.00 572.05 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.75 572.06 Td (1,109) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 572.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 558.05 Td (Derivatives assets/\(liabilities\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 558.05 Td (6,389) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.75 558.05 Td (\(8,358) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 558.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.25 558.05 Td (1) Tj ET Q q 0 0 0 rg BT 449.75 558.05 Td (1,686) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.75 558.05 Td (\(1,444) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 554.00 558.05 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 530.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 530.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 116.34 530.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 148.78 530.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 190.10 530.10 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 237.54 530.10 Td (relate ) Tj ET Q q 0 0 0 rg BT 263.31 530.10 Td (to ) Tj ET Q q 0 0 0 rg BT 274.65 530.10 Td (foreign ) Tj ET Q q 0 0 0 rg BT 307.10 530.10 Td (currency ) Tj ET Q q 0 0 0 rg BT 345.64 530.10 Td (forwards ) Tj ET Q q 0 0 0 rg BT 384.75 530.10 Td (which ) Tj ET Q q 0 0 0 rg BT 412.75 530.10 Td (do ) Tj ET Q q 0 0 0 rg BT 426.32 530.10 Td (not ) Tj ET Q q 0 0 0 rg BT 442.67 530.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 465.67 530.10 Td (the ) Tj ET Q q 0 0 0 rg BT 481.45 530.10 Td (requirements ) Tj ET Q q 0 0 0 rg BT 537.22 530.10 Td (to ) Tj ET Q q 0 0 0 rg BT 548.56 530.10 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 518.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 101.36 518.10 Td (as ) Tj ET Q q 0 0 0 rg BT 113.19 518.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 134.46 518.10 Td (flow ) Tj ET Q q 0 0 0 rg BT 156.29 518.10 Td (hedges. ) Tj ET Q q 0 0 0 rg BT 190.06 518.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 223.54 518.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 242.03 518.10 Td (caps ) Tj ET Q q 0 0 0 rg BT 263.30 518.10 Td (relate ) Tj ET Q q 0 0 0 rg BT 289.00 518.10 Td (to ) Tj ET Q q 0 0 0 rg BT 300.28 518.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 343.76 518.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 393.92 518.10 Td (required ) Tj ET Q q 0 0 0 rg BT 430.74 518.10 Td (as ) Tj ET Q q 0 0 0 rg BT 442.57 518.10 Td (part ) Tj ET Q q 0 0 0 rg BT 461.62 518.10 Td (of ) Tj ET Q q 0 0 0 rg BT 473.45 518.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 504.15 518.10 Td (securitization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 506.10 Td (agreements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 482.10 Td (20. ) Tj ET Q q 0 0 0 rg BT 69.00 482.10 Td ( ) Tj ET Q q 0 0 0 rg BT 71.50 482.10 Td ( ) Tj ET Q q 0 0 0 rg BT 74.00 482.10 Td (EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 458.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 90.00 458.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 116.95 458.10 Td (capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 434.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 434.10 Td (At ) Tj ET Q q 0 0 0 rg BT 102.50 434.10 Td (September ) Tj ET Q q 0 0 0 rg BT 147.77 434.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 162.77 434.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 185.27 434.10 Td (and ) Tj ET Q q 0 0 0 rg BT 202.21 434.10 Td (December ) Tj ET Q q 0 0 0 rg BT 245.80 434.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 260.80 434.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 283.31 434.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.02 434.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 319.41 434.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 339.13 434.10 Td (up ) Tj ET Q q 0 0 0 rg BT 351.64 434.10 Td (share ) Tj ET Q q 0 0 0 rg BT 375.24 434.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 404.39 434.10 Td (of ) Tj ET Q q 0 0 0 rg BT 415.22 434.10 Td (the ) Tj ET Q q 0 0 0 rg BT 429.94 434.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 471.33 434.10 Td (was ) Tj ET Q q 0 0 0 rg BT 489.38 434.10 Td (2,504 ) Tj ET Q q 0 0 0 rg BT 519.39 434.10 Td (thousand, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 422.10 Td (consisting ) Tj ET Q q 0 0 0 rg BT 99.02 422.10 Td (of ) Tj ET Q q 0 0 0 rg BT 111.82 422.10 Td (193,923,499 ) Tj ET Q q 0 0 0 rg BT 166.28 422.10 Td (common ) Tj ET Q q 0 0 0 rg BT 205.74 422.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 235.19 422.10 Td (and ) Tj ET Q q 0 0 0 rg BT 254.10 422.10 Td (56,497,618 ) Tj ET Q q 0 0 0 rg BT 303.56 422.10 Td (special ) Tj ET Q q 0 0 0 rg BT 335.79 422.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 365.81 422.10 Td (shares, ) Tj ET Q q 0 0 0 rg BT 397.76 422.10 Td (all ) Tj ET Q q 0 0 0 rg BT 412.22 422.10 Td (with ) Tj ET Q q 0 0 0 rg BT 434.47 422.10 Td (a ) Tj ET Q q 0 0 0 rg BT 443.37 422.10 Td (nominal ) Tj ET Q q 0 0 0 rg BT 480.61 422.10 Td (value ) Tj ET Q q 0 0 0 rg BT 506.73 422.10 Td (of ) Tj ET Q q 0 0 0 rg BT 519.52 422.10 Td (0.01. ) Tj ET Q q 0 0 0 rg BT 548.00 422.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 408.90 Td (September30, ) Tj ET Q q 0 0 0 rg BT 114.95 408.90 Td (2018, ) Tj ET Q q 0 0 0 rg BT 140.64 408.90 Td (the ) Tj ET Q q 0 0 0 rg BT 156.04 408.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 198.11 408.90 Td (had ) Tj ET Q q 0 0 0 rg BT 215.74 408.90 Td (5,277,481) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.74 408.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.24 408.90 Td (common ) Tj ET Q q 0 0 0 rg BT 297.42 408.90 Td (shares ) Tj ET Q q 0 0 0 rg BT 325.60 408.90 Td (and ) Tj ET Q q 0 0 0 rg BT 343.22 408.90 Td (4,674 ) Tj ET Q q 0 0 0 rg BT 368.91 408.90 Td (special ) Tj ET Q q 0 0 0 rg BT 399.86 408.90 Td (voting ) Tj ET Q q 0 0 0 rg BT 428.60 408.90 Td (shares ) Tj ET Q q 0 0 0 rg BT 456.78 408.90 Td (held ) Tj ET Q q 0 0 0 rg BT 477.18 408.90 Td (in ) Tj ET Q q 0 0 0 rg BT 488.14 408.90 Td (treasury) Tj ET Q q 0 0 0 rg BT 519.70 408.90 Td (, ) Tj ET Q q 0 0 0 rg BT 525.39 408.90 Td (while ) Tj ET Q q 0 0 0 rg BT 550.79 408.90 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 396.90 Td (December ) Tj ET Q q 0 0 0 rg BT 97.44 396.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 112.30 396.90 Td (2017 ) Tj ET Q q 0 0 0 rg BT 134.66 396.90 Td (the ) Tj ET Q q 0 0 0 rg BT 149.23 396.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 190.48 396.90 Td (had ) Tj ET Q q 0 0 0 rg BT 207.28 396.90 Td (4,969,625 ) Tj ET Q q 0 0 0 rg BT 249.63 396.90 Td (common ) Tj ET Q q 0 0 0 rg BT 286.99 396.90 Td (shares ) Tj ET Q q 0 0 0 rg BT 314.34 396.90 Td (and ) Tj ET Q q 0 0 0 rg BT 331.13 396.90 Td (4,099 ) Tj ET Q q 0 0 0 rg BT 355.99 396.90 Td (special ) Tj ET Q q 0 0 0 rg BT 386.11 396.90 Td (voting ) Tj ET Q q 0 0 0 rg BT 414.03 396.90 Td (shares ) Tj ET Q q 0 0 0 rg BT 441.38 396.90 Td (held ) Tj ET Q q 0 0 0 rg BT 460.95 396.90 Td (in ) Tj ET Q q 0 0 0 rg BT 471.09 396.90 Td (treasury) Tj ET Q q 0 0 0 rg BT 502.65 396.90 Td (. ) Tj ET Q q 0 0 0 rg BT 507.34 396.90 Td (The ) Tj ET Q q 0 0 0 rg BT 525.24 396.90 Td (increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 384.90 Td (in ) Tj ET Q q 0 0 0 rg BT 64.28 384.90 Td (common ) Tj ET Q q 0 0 0 rg BT 101.77 384.90 Td (shares ) Tj ET Q q 0 0 0 rg BT 129.26 384.90 Td (held ) Tj ET Q q 0 0 0 rg BT 148.98 384.90 Td (in ) Tj ET Q q 0 0 0 rg BT 159.26 384.90 Td (treasury ) Tj ET Q q 0 0 0 rg BT 193.97 384.90 Td (reflects ) Tj ET Q q 0 0 0 rg BT 225.89 384.90 Td (the ) Tj ET Q q 0 0 0 rg BT 240.61 384.90 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 286.41 384.90 Td (of ) Tj ET Q q 0 0 0 rg BT 297.24 384.90 Td (shares ) Tj ET Q q 0 0 0 rg BT 324.73 384.90 Td (by ) Tj ET Q q 0 0 0 rg BT 337.23 384.90 Td (the ) Tj ET Q q 0 0 0 rg BT 351.95 384.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 393.34 384.90 Td (through ) Tj ET Q q 0 0 0 rg BT 426.94 384.90 Td (its ) Tj ET Q q 0 0 0 rg BT 438.89 384.90 Td (share ) Tj ET Q q 0 0 0 rg BT 462.49 384.90 Td (buyback ) Tj ET Q q 0 0 0 rg BT 498.87 384.90 Td (program.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 360.90 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 360.90 Td (The following table summarizes the changes in the number of outstanding common shares and outstanding special ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 348.90 Td (voting shares of the Company for the nine months ended September 30, 2018:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 305.40 252.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 305.40 81.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 305.40 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 305.40 81.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 305.40 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 305.40 82.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 277.40 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 277.40 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 277.40 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 277.40 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 277.40 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 277.40 82.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 305.4 m 386.5 305.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 305.4 m 471.5 305.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 305.4 m 475.5 305.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 305.4 m 557.5 305.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 262.4 m 386.5 262.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 262.4 m 471.5 262.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 262.4 m 557.5 262.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 248.39999999999998 m 386.5 248.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 246.39999999999998 m 386.5 246.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 248.39999999999998 m 471.5 248.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 246.39999999999998 m 471.5 246.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 248.39999999999998 m 557.5 248.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 246.39999999999998 m 557.5 246.39999999999998 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.70 309.85 Td (Common Shar) Tj ET Q q 0 0 0 rg BT 369.79 309.85 Td (es) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.10 317.80 Td (Special ) Tj ET Q q 0 0 0 rg BT 432.69 317.80 Td (V) Tj ET Q q 0 0 0 rg BT 438.36 317.80 Td (oting ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.55 308.80 Td (Shar) Tj ET Q q 0 0 0 rg BT 435.89 308.80 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.05 310.08 Td (T) Tj ET Q q 0 0 0 rg BT 510.80 310.08 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 296.80 Td (Balance at December) Tj ET Q q 0 0 0 rg BT 137.31 296.80 Td ( 31, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.00 296.80 Td (188,953,874) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 296.80 Td (56,493,519) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 296.80 Td (245,447,393) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 281.86 Td (Shares repurchased under share buyback program) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 235.18 285.94 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.75 281.86 Td (\(307,856) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 383.00 281.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.00 281.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 521.75 281.86 Td (\(307,856) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 281.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 266.86 Td (Other changes) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 107.73 270.94 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 374.00 266.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 451.50 266.86 Td (\(575) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 468.00 266.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.50 266.86 Td (\(575) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 266.86 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 251.85 Td (Balance at September) Tj ET Q q 0 0 0 rg BT 139.82 251.85 Td ( 30, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.00 251.85 Td (188,646,018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 251.85 Td (56,492,944) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 251.85 Td (245,138,962) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 235.90 Td (_______________________________________) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 226.30 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 72.00 226.30 Td (Includes shar) Tj ET Q q 0 0 0 rg BT 115.03 226.30 Td (es r) Tj ET Q q 0 0 0 rg BT 126.51 226.30 Td (epur) Tj ET Q q 0 0 0 rg BT 140.88 226.30 Td (chased between January 1, 2018 and September 30, 2018 based on the transaction trade date.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 216.70 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 72.00 216.70 Td (Relates to the der) Tj ET Q q 0 0 0 rg BT 127.91 216.70 Td (egistration of special voting shar) Tj ET Q q 0 0 0 rg BT 233.39 216.70 Td (es fr) Tj ET Q q 0 0 0 rg BT 247.09 216.70 Td (om the loyalty r) Tj ET Q q 0 0 0 rg BT 297.23 216.70 Td (egister) Tj ET Q q 0 0 0 rg BT 318.11 216.70 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 192.70 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 90.00 192.70 Td (The loyalty voting structure) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 168.70 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 168.70 Td (The ) Tj ET Q q 0 0 0 rg BT 108.13 168.70 Td (purpose ) Tj ET Q q 0 0 0 rg BT 142.37 168.70 Td (of ) Tj ET Q q 0 0 0 rg BT 153.28 168.70 Td (the ) Tj ET Q q 0 0 0 rg BT 168.07 168.70 Td (loyalty ) Tj ET Q q 0 0 0 rg BT 198.43 168.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 226.56 168.70 Td (structure ) Tj ET Q q 0 0 0 rg BT 264.13 168.70 Td (is ) Tj ET Q q 0 0 0 rg BT 273.38 168.70 Td (to ) Tj ET Q q 0 0 0 rg BT 283.73 168.70 Td (reward ) Tj ET Q q 0 0 0 rg BT 314.07 168.70 Td (ownership ) Tj ET Q q 0 0 0 rg BT 358.31 168.70 Td (of ) Tj ET Q q 0 0 0 rg BT 369.22 168.70 Td (the ) Tj ET Q q 0 0 0 rg BT 384.02 168.70 Td (Company) Tj ET Q q 0 0 0 rg BT 425.68 168.70 Td (s ) Tj ET Q q 0 0 0 rg BT 432.15 168.70 Td (common ) Tj ET Q q 0 0 0 rg BT 469.73 168.70 Td (shares ) Tj ET Q q 0 0 0 rg BT 497.30 168.70 Td (and ) Tj ET Q q 0 0 0 rg BT 514.32 168.70 Td (to ) Tj ET Q q 0 0 0 rg BT 524.67 168.70 Td (promote ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 156.70 Td (stability ) Tj ET Q q 0 0 0 rg BT 89.34 156.70 Td (of ) Tj ET Q q 0 0 0 rg BT 100.79 156.70 Td (the ) Tj ET Q q 0 0 0 rg BT 116.13 156.70 Td (Company) Tj ET Q q 0 0 0 rg BT 157.80 156.70 Td (s ) Tj ET Q q 0 0 0 rg BT 164.81 156.70 Td (shareholder ) Tj ET Q q 0 0 0 rg BT 214.58 156.70 Td (base ) Tj ET Q q 0 0 0 rg BT 235.47 156.70 Td (by ) Tj ET Q q 0 0 0 rg BT 248.59 156.70 Td (granting ) Tj ET Q q 0 0 0 rg BT 285.04 156.70 Td (long-term ) Tj ET Q q 0 0 0 rg BT 327.59 156.70 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 381.25 156.70 Td (of ) Tj ET Q q 0 0 0 rg BT 392.70 156.70 Td (the ) Tj ET Q q 0 0 0 rg BT 408.04 156.70 Td (Company ) Tj ET Q q 0 0 0 rg BT 450.05 156.70 Td (with ) Tj ET Q q 0 0 0 rg BT 470.95 156.70 Td (special ) Tj ET Q q 0 0 0 rg BT 501.83 156.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 530.51 156.70 Td (shares. ) Tj ET Q q 0 0 0 rg BT 560.50 156.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 144.70 Td (Exor ) Tj ET Q q 0 0 0 rg BT 75.96 144.70 Td (N.V) Tj ET Q q 0 0 0 rg BT 91.61 144.70 Td (. ) Tj ET Q q 0 0 0 rg BT 96.63 144.70 Td (\(Exor\) ) Tj ET Q q 0 0 0 rg BT 134.13 144.70 Td (and ) Tj ET Q q 0 0 0 rg BT 151.09 144.70 Td (Piero ) Tj ET Q q 0 0 0 rg BT 174.72 144.70 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 204.45 144.70 Td (participate ) Tj ET Q q 0 0 0 rg BT 249.17 144.70 Td (in ) Tj ET Q q 0 0 0 rg BT 259.47 144.70 Td (the ) Tj ET Q q 0 0 0 rg BT 274.20 144.70 Td (Company) Tj ET Q q 0 0 0 rg BT 315.87 144.70 Td (s ) Tj ET Q q 0 0 0 rg BT 322.28 144.70 Td (loyalty ) Tj ET Q q 0 0 0 rg BT 352.58 144.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 380.65 144.70 Td (program ) Tj ET Q q 0 0 0 rg BT 417.05 144.70 Td (and, ) Tj ET Q q 0 0 0 rg BT 436.51 144.70 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 477.62 144.70 Td (ef) Tj ET Q q 0 0 0 rg BT 485.20 144.70 Td (fectively ) Tj ET Q q 0 0 0 rg BT 522.71 144.70 Td (hold ) Tj ET Q q 0 0 0 rg BT 543.00 144.70 Td (two ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 132.70 Td (votes ) Tj ET Q q 0 0 0 rg BT 77.31 132.70 Td (for ) Tj ET Q q 0 0 0 rg BT 91.17 132.70 Td (each ) Tj ET Q q 0 0 0 rg BT 111.69 132.70 Td (of ) Tj ET Q q 0 0 0 rg BT 122.22 132.70 Td (the ) Tj ET Q q 0 0 0 rg BT 136.64 132.70 Td (common ) Tj ET Q q 0 0 0 rg BT 173.84 132.70 Td (shares ) Tj ET Q q 0 0 0 rg BT 201.03 132.70 Td (they ) Tj ET Q q 0 0 0 rg BT 220.45 132.70 Td (hold. ) Tj ET Q q 0 0 0 rg BT 242.93 132.70 Td (Investors ) Tj ET Q q 0 0 0 rg BT 281.79 132.70 Td (who ) Tj ET Q q 0 0 0 rg BT 301.22 132.70 Td (purchased ) Tj ET Q q 0 0 0 rg BT 343.96 132.70 Td (common ) Tj ET Q q 0 0 0 rg BT 381.15 132.70 Td (shares ) Tj ET Q q 0 0 0 rg BT 408.35 132.70 Td (in ) Tj ET Q q 0 0 0 rg BT 418.33 132.70 Td (the ) Tj ET Q q 0 0 0 rg BT 432.75 132.70 Td (initial ) Tj ET Q q 0 0 0 rg BT 458.28 132.70 Td (public ) Tj ET Q q 0 0 0 rg BT 485.47 132.70 Td (of) Tj ET Q q 0 0 0 rg BT 493.62 132.70 Td (fering ) Tj ET Q q 0 0 0 rg BT 519.70 132.70 Td (may ) Tj ET Q q 0 0 0 rg BT 539.12 132.70 Td (elect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 120.70 Td (to ) Tj ET Q q 0 0 0 rg BT 64.51 120.70 Td (participate ) Tj ET Q q 0 0 0 rg BT 109.44 120.70 Td (in ) Tj ET Q q 0 0 0 rg BT 119.95 120.70 Td (the ) Tj ET Q q 0 0 0 rg BT 134.90 120.70 Td (loyalty ) Tj ET Q q 0 0 0 rg BT 165.40 120.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 193.69 120.70 Td (program ) Tj ET Q q 0 0 0 rg BT 230.30 120.70 Td (by ) Tj ET Q q 0 0 0 rg BT 243.03 120.70 Td (registering ) Tj ET Q q 0 0 0 rg BT 288.53 120.70 Td (their ) Tj ET Q q 0 0 0 rg BT 309.59 120.70 Td (common ) Tj ET Q q 0 0 0 rg BT 347.31 120.70 Td (shares ) Tj ET Q q 0 0 0 rg BT 375.04 120.70 Td (in ) Tj ET Q q 0 0 0 rg BT 385.55 120.70 Td (the ) Tj ET Q q 0 0 0 rg BT 400.49 120.70 Td (loyalty ) Tj ET Q q 0 0 0 rg BT 431.00 120.70 Td (share ) Tj ET Q q 0 0 0 rg BT 454.83 120.70 Td (register ) Tj ET Q q 0 0 0 rg BT 487.55 120.70 Td (and ) Tj ET Q q 0 0 0 rg BT 504.72 120.70 Td (holding ) Tj ET Q q 0 0 0 rg BT 538.01 120.70 Td (them ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 108.70 Td (for ) Tj ET Q q 0 0 0 rg BT 67.97 108.70 Td (three ) Tj ET Q q 0 0 0 rg BT 90.27 108.70 Td (years. ) Tj ET Q q 0 0 0 rg BT 116.02 108.70 Td (The ) Tj ET Q q 0 0 0 rg BT 133.88 108.70 Td (loyalty ) Tj ET Q q 0 0 0 rg BT 163.96 108.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 191.83 108.70 Td (program ) Tj ET Q q 0 0 0 rg BT 228.02 108.70 Td (will ) Tj ET Q q 0 0 0 rg BT 245.90 108.70 Td (be ) Tj ET Q q 0 0 0 rg BT 257.65 108.70 Td (ef) Tj ET Q q 0 0 0 rg BT 265.23 108.70 Td (fected ) Tj ET Q q 0 0 0 rg BT 291.97 108.70 Td (by ) Tj ET Q q 0 0 0 rg BT 304.29 108.70 Td (means ) Tj ET Q q 0 0 0 rg BT 332.15 108.70 Td (of ) Tj ET Q q 0 0 0 rg BT 342.79 108.70 Td (the ) Tj ET Q q 0 0 0 rg BT 357.32 108.70 Td (issue ) Tj ET Q q 0 0 0 rg BT 379.63 108.70 Td (of ) Tj ET Q q 0 0 0 rg BT 390.28 108.70 Td (special ) Tj ET Q q 0 0 0 rg BT 420.35 108.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 448.22 108.70 Td (shares ) Tj ET Q q 0 0 0 rg BT 475.53 108.70 Td (to ) Tj ET Q q 0 0 0 rg BT 485.62 108.70 Td (eligible ) Tj ET Q q 0 0 0 rg BT 517.92 108.70 Td (holders ) Tj ET Q q 0 0 0 rg BT 549.68 108.70 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 96.70 Td (common ) Tj ET Q q 0 0 0 rg BT 91.11 96.70 Td (shares. ) Tj ET Q q 0 0 0 rg BT 120.71 96.70 Td (Each ) Tj ET Q q 0 0 0 rg BT 142.81 96.70 Td (special ) Tj ET Q q 0 0 0 rg BT 172.69 96.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 200.36 96.70 Td (share ) Tj ET Q q 0 0 0 rg BT 223.57 96.70 Td (entitles ) Tj ET Q q 0 0 0 rg BT 254.56 96.70 Td (the ) Tj ET Q q 0 0 0 rg BT 268.89 96.70 Td (holder ) Tj ET Q q 0 0 0 rg BT 296.55 96.70 Td (to ) Tj ET Q q 0 0 0 rg BT 306.45 96.70 Td (exercise ) Tj ET Q q 0 0 0 rg BT 341.31 96.70 Td (one ) Tj ET Q q 0 0 0 rg BT 357.87 96.70 Td (vote ) Tj ET Q q 0 0 0 rg BT 377.20 96.70 Td (at ) Tj ET Q q 0 0 0 rg BT 386.53 96.70 Td (the ) Tj ET Q q 0 0 0 rg BT 400.86 96.70 Td (Company) Tj ET Q q 0 0 0 rg BT 442.52 96.70 Td (s ) Tj ET Q q 0 0 0 rg BT 448.53 96.70 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 501.18 96.70 Td (meeting. ) Tj ET Q q 0 0 0 rg BT 538.00 96.70 Td (Only ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 84.70 Td (a ) Tj ET Q q 0 0 0 rg BT 60.95 84.70 Td (minimal ) Tj ET Q q 0 0 0 rg BT 96.80 84.70 Td (dividend ) Tj ET Q q 0 0 0 rg BT 134.31 84.70 Td (accrues ) Tj ET Q q 0 0 0 rg BT 166.80 84.70 Td (to ) Tj ET Q q 0 0 0 rg BT 177.10 84.70 Td (the ) Tj ET Q q 0 0 0 rg BT 191.83 84.70 Td (special ) Tj ET Q q 0 0 0 rg BT 222.11 84.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 250.18 84.70 Td (shares ) Tj ET Q q 0 0 0 rg BT 277.69 84.70 Td (allocated ) Tj ET Q q 0 0 0 rg BT 316.29 84.70 Td (to ) Tj ET Q q 0 0 0 rg BT 326.59 84.70 Td (a ) Tj ET Q q 0 0 0 rg BT 333.54 84.70 Td (separate ) Tj ET Q q 0 0 0 rg BT 368.81 84.70 Td (special ) Tj ET Q q 0 0 0 rg BT 399.09 84.70 Td (dividend ) Tj ET Q q 0 0 0 rg BT 436.60 84.70 Td (reserve, ) Tj ET Q q 0 0 0 rg BT 470.49 84.70 Td (and ) Tj ET Q q 0 0 0 rg BT 487.44 84.70 Td (the ) Tj ET Q q 0 0 0 rg BT 502.18 84.70 Td (special ) Tj ET Q q 0 0 0 rg BT 532.46 84.70 Td (voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 72.70 Td (shares ) Tj ET Q q 0 0 0 rg BT 81.17 72.70 Td (do ) Tj ET Q q 0 0 0 rg BT 93.34 72.70 Td (not ) Tj ET Q q 0 0 0 rg BT 108.29 72.70 Td (carry ) Tj ET Q q 0 0 0 rg BT 131.01 72.70 Td (any ) Tj ET Q q 0 0 0 rg BT 147.62 72.70 Td (entitlement ) Tj ET Q q 0 0 0 rg BT 194.78 72.70 Td (to ) Tj ET Q q 0 0 0 rg BT 204.73 72.70 Td (any ) Tj ET Q q 0 0 0 rg BT 221.35 72.70 Td (other ) Tj ET Q q 0 0 0 rg BT 244.07 72.70 Td (reserve ) Tj ET Q q 0 0 0 rg BT 275.11 72.70 Td (of ) Tj ET Q q 0 0 0 rg BT 285.62 72.70 Td (the ) Tj ET Q q 0 0 0 rg BT 300.01 72.70 Td (Group. ) Tj ET Q q 0 0 0 rg BT 330.08 72.70 Td (The ) Tj ET Q q 0 0 0 rg BT 347.80 72.70 Td (special ) Tj ET Q q 0 0 0 rg BT 377.74 72.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 405.47 72.70 Td (shares ) Tj ET Q q 0 0 0 rg BT 432.64 72.70 Td (have ) Tj ET Q q 0 0 0 rg BT 453.69 72.70 Td (only ) Tj ET Q q 0 0 0 rg BT 473.65 72.70 Td (immaterial ) Tj ET Q q 0 0 0 rg BT 519.14 72.70 Td (economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 60.70 Td (entitlements ) Tj ET Q q 0 0 0 rg BT 105.38 60.70 Td (and, ) Tj ET Q q 0 0 0 rg BT 124.82 60.70 Td (as ) Tj ET Q q 0 0 0 rg BT 135.65 60.70 Td (a ) Tj ET Q q 0 0 0 rg BT 142.58 60.70 Td (result, ) Tj ET Q q 0 0 0 rg BT 169.80 60.70 Td (do ) Tj ET Q q 0 0 0 rg BT 182.30 60.70 Td (not ) Tj ET Q q 0 0 0 rg BT 197.58 60.70 Td (impact ) Tj ET Q q 0 0 0 rg BT 227.29 60.70 Td (the ) Tj ET Q q 0 0 0 rg BT 242.01 60.70 Td (Company) Tj ET Q q 0 0 0 rg BT 283.67 60.70 Td (s ) Tj ET Q q 0 0 0 rg BT 290.06 60.70 Td (earnings ) Tj ET Q q 0 0 0 rg BT 326.44 60.70 Td (per ) Tj ET Q q 0 0 0 rg BT 341.71 60.70 Td (share ) Tj ET Q q 0 0 0 rg BT 365.31 60.70 Td (calculation.) Tj ET Q endstream endobj 107 0 obj <> endobj 108 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-20) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 713.25 Td (Retained earnings and other reserves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 689.25 Td (Retained ) Tj ET Q q 0 0 0 rg BT 127.74 689.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 163.81 689.25 Td (and ) Tj ET Q q 0 0 0 rg BT 180.44 689.25 Td (other ) Tj ET Q q 0 0 0 rg BT 203.18 689.25 Td (reserves ) Tj ET Q q 0 0 0 rg BT 238.13 689.25 Td (includes ) Tj ET Q q 0 0 0 rg BT 273.65 689.25 Td (a ) Tj ET Q q 0 0 0 rg BT 280.28 689.25 Td (share ) Tj ET Q q 0 0 0 rg BT 303.58 689.25 Td (premium ) Tj ET Q q 0 0 0 rg BT 341.87 689.25 Td (reserve ) Tj ET Q q 0 0 0 rg BT 372.93 689.25 Td (of ) Tj ET Q q 0 0 0 rg BT 383.46 689.25 Td (5,768,544 ) Tj ET Q q 0 0 0 rg BT 430.65 689.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 468.95 689.25 Td (at ) Tj ET Q q 0 0 0 rg BT 478.37 689.25 Td (September ) Tj ET Q q 0 0 0 rg BT 523.32 689.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 538.02 689.25 Td (2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 677.25 Td (and ) Tj ET Q q 0 0 0 rg BT 72.67 677.25 Td (at ) Tj ET Q q 0 0 0 rg BT 84.12 677.25 Td (December ) Tj ET Q q 0 0 0 rg BT 129.44 677.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 146.17 677.25 Td (2017. ) Tj ET Q q 0 0 0 rg BT 172.60 677.25 Td (The ) Tj ET Q q 0 0 0 rg BT 192.38 677.25 Td (share ) Tj ET Q q 0 0 0 rg BT 217.71 677.25 Td (premium ) Tj ET Q q 0 0 0 rg BT 258.04 677.25 Td (reserve ) Tj ET Q q 0 0 0 rg BT 291.14 677.25 Td (originated ) Tj ET Q q 0 0 0 rg BT 335.92 677.25 Td (from ) Tj ET Q q 0 0 0 rg BT 359.59 677.25 Td (the ) Tj ET Q q 0 0 0 rg BT 376.04 677.25 Td (Restructuring. ) Tj ET Q q 0 0 0 rg BT 437.20 677.25 Td (For ) Tj ET Q q 0 0 0 rg BT 455.33 677.25 Td (more ) Tj ET Q q 0 0 0 rg BT 480.11 677.25 Td (information ) Tj ET Q q 0 0 0 rg BT 531.55 677.25 Td (on ) Tj ET Q q 0 0 0 rg BT 545.78 677.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.25 Td (Restructuring, ) Tj ET Q q 0 0 0 rg BT 113.43 665.25 Td (please ) Tj ET Q q 0 0 0 rg BT 140.92 665.25 Td (refer ) Tj ET Q q 0 0 0 rg BT 162.29 665.25 Td (to ) Tj ET Q q 0 0 0 rg BT 172.56 665.25 Td (the ) Tj ET Q q 0 0 0 rg BT 187.28 665.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 242.55 665.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 282.27 665.25 Td (Statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 640.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 640.05 Td (At ) Tj ET Q q 0 0 0 rg BT 102.06 640.05 Td (September ) Tj ET Q q 0 0 0 rg BT 146.88 640.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 161.45 640.05 Td (2018, ) Tj ET Q q 0 0 0 rg BT 186.01 640.05 Td (the ) Tj ET Q q 0 0 0 rg BT 200.28 640.05 Td (Company ) Tj ET Q q 0 0 0 rg BT 241.23 640.05 Td (has ) Tj ET Q q 0 0 0 rg BT 256.62 640.05 Td (recognized ) Tj ET Q q 0 0 0 rg BT 302.54 640.05 Td (a ) Tj ET Q q 0 0 0 rg BT 309.04 640.05 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 355.53 640.05 Td (amount ) Tj ET Q q 0 0 0 rg BT 387.59 640.05 Td (of ) Tj ET Q q 0 0 0 rg BT 397.98 640.05 Td (48,507) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 430.48 640.05 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.75 640.05 Td (thousand ) Tj ET Q q 0 0 0 rg BT 470.91 640.05 Td (as ) Tj ET Q q 0 0 0 rg BT 481.30 640.05 Td (an ) Tj ET Q q 0 0 0 rg BT 492.80 640.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 527.62 640.05 Td (to ) Tj ET Q q 0 0 0 rg BT 537.46 640.05 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 628.05 Td (reserves ) Tj ET Q q 0 0 0 rg BT 88.54 628.05 Td (for ) Tj ET Q q 0 0 0 rg BT 101.98 628.05 Td (the ) Tj ET Q q 0 0 0 rg BT 115.98 628.05 Td (PSU ) Tj ET Q q 0 0 0 rg BT 136.11 628.05 Td (awards ) Tj ET Q q 0 0 0 rg BT 166.21 628.05 Td (and ) Tj ET Q q 0 0 0 rg BT 182.43 628.05 Td (RSU ) Tj ET Q q 0 0 0 rg BT 203.67 628.05 Td (awards ) Tj ET Q q 0 0 0 rg BT 233.77 628.05 Td (under ) Tj ET Q q 0 0 0 rg BT 258.32 628.05 Td (the ) Tj ET Q q 0 0 0 rg BT 272.32 628.05 Td (Group) Tj ET Q q 0 0 0 rg BT 300.65 628.05 Td (s ) Tj ET Q q 0 0 0 rg BT 306.32 628.05 Td (equity ) Tj ET Q q 0 0 0 rg BT 333.10 628.05 Td (incentive ) Tj ET Q q 0 0 0 rg BT 371.53 628.05 Td (plan ) Tj ET Q q 0 0 0 rg BT 390.53 628.05 Td (\(28,179 ) Tj ET Q q 0 0 0 rg BT 428.15 628.05 Td (thousand ) Tj ET Q q 0 0 0 rg BT 466.04 628.05 Td (at ) Tj ET Q q 0 0 0 rg BT 475.04 628.05 Td (December ) Tj ET Q q 0 0 0 rg BT 517.90 628.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 532.18 628.05 Td (2017\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 616.05 Td (See ) Tj ET Q q 0 0 0 rg BT 70.94 616.05 Td (Note ) Tj ET Q q 0 0 0 rg BT 92.88 616.05 Td (21.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 592.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 592.05 Td (Equity-settled ) Tj ET Q q 0 0 0 rg BT 147.57 592.05 Td (Non-Executive ) Tj ET Q q 0 0 0 rg BT 209.57 592.05 Td (Directors) Tj ET Q q 0 0 0 rg BT 249.37 592.05 Td ( ) Tj ET Q q 0 0 0 rg BT 250.83 592.05 Td (compensation ) Tj ET Q q 0 0 0 rg BT 307.85 592.05 Td (of ) Tj ET Q q 0 0 0 rg BT 317.65 592.05 Td (399 ) Tj ET Q q 0 0 0 rg BT 339.12 592.05 Td (thousand ) Tj ET Q q 0 0 0 rg BT 376.69 592.05 Td (was ) Tj ET Q q 0 0 0 rg BT 393.72 592.05 Td (recognized ) Tj ET Q q 0 0 0 rg BT 439.05 592.05 Td (as ) Tj ET Q q 0 0 0 rg BT 448.85 592.05 Td (an ) Tj ET Q q 0 0 0 rg BT 459.76 592.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 493.98 592.05 Td (to ) Tj ET Q q 0 0 0 rg BT 503.23 592.05 Td (other ) Tj ET Q q 0 0 0 rg BT 525.24 592.05 Td (reserves ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 580.05 Td (for ) Tj ET Q q 0 0 0 rg BT 67.68 580.05 Td (the ) Tj ET Q q 0 0 0 rg BT 81.91 580.05 Td (nine ) Tj ET Q q 0 0 0 rg BT 101.15 580.05 Td (months ) Tj ET Q q 0 0 0 rg BT 132.61 580.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 158.51 580.05 Td (September ) Tj ET Q q 0 0 0 rg BT 203.29 580.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 217.81 580.05 Td (2017. ) Tj ET Q q 0 0 0 rg BT 242.18 580.05 Td (There ) Tj ET Q q 0 0 0 rg BT 267.51 580.05 Td (was ) Tj ET Q q 0 0 0 rg BT 285.08 580.05 Td (no ) Tj ET Q q 0 0 0 rg BT 297.10 580.05 Td (equity-settled ) Tj ET Q q 0 0 0 rg BT 353.55 580.05 Td (Non-Executive ) Tj ET Q q 0 0 0 rg BT 416.10 580.05 Td (Directors ) Tj ET Q q 0 0 0 rg BT 455.32 580.05 Td (compensation ) Tj ET Q q 0 0 0 rg BT 512.88 580.05 Td (for ) Tj ET Q q 0 0 0 rg BT 526.56 580.05 Td (the ) Tj ET Q q 0 0 0 rg BT 540.80 580.05 Td (nine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 568.05 Td (months ) Tj ET Q q 0 0 0 rg BT 85.95 568.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 112.33 568.05 Td (September ) Tj ET Q q 0 0 0 rg BT 157.59 568.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 172.59 568.05 Td (2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 546.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 546.05 Td (On ) Tj ET Q q 0 0 0 rg BT 103.87 546.05 Td (February ) Tj ET Q q 0 0 0 rg BT 141.61 546.05 Td (9, ) Tj ET Q q 0 0 0 rg BT 150.76 546.05 Td (2018, ) Tj ET Q q 0 0 0 rg BT 174.91 546.05 Td (the ) Tj ET Q q 0 0 0 rg BT 188.77 546.05 Td (Company ) Tj ET Q q 0 0 0 rg BT 229.31 546.05 Td (announced ) Tj ET Q q 0 0 0 rg BT 274.27 546.05 Td (its ) Tj ET Q q 0 0 0 rg BT 285.36 546.05 Td (intention ) Tj ET Q q 0 0 0 rg BT 322.56 546.05 Td (to ) Tj ET Q q 0 0 0 rg BT 331.99 546.05 Td (launch ) Tj ET Q q 0 0 0 rg BT 360.29 546.05 Td (a ) Tj ET Q q 0 0 0 rg BT 366.38 546.05 Td (share ) Tj ET Q q 0 0 0 rg BT 389.12 546.05 Td (buyback ) Tj ET Q q 0 0 0 rg BT 424.64 546.05 Td (program. ) Tj ET Q q 0 0 0 rg BT 462.55 546.05 Td (The ) Tj ET Q q 0 0 0 rg BT 479.74 546.05 Td (program ) Tj ET Q q 0 0 0 rg BT 515.27 546.05 Td (is ) Tj ET Q q 0 0 0 rg BT 523.58 546.05 Td (intended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 534.05 Td (to ) Tj ET Q q 0 0 0 rg BT 64.53 534.05 Td (optimize ) Tj ET Q q 0 0 0 rg BT 102.27 534.05 Td (the ) Tj ET Q q 0 0 0 rg BT 117.24 534.05 Td (capital ) Tj ET Q q 0 0 0 rg BT 146.64 534.05 Td (structure ) Tj ET Q q 0 0 0 rg BT 184.37 534.05 Td (of ) Tj ET Q q 0 0 0 rg BT 195.45 534.05 Td (the ) Tj ET Q q 0 0 0 rg BT 210.42 534.05 Td (Company) Tj ET Q q 0 0 0 rg BT 248.66 534.05 Td (. ) Tj ET Q q 0 0 0 rg BT 253.91 534.05 Td (Shares ) Tj ET Q q 0 0 0 rg BT 283.32 534.05 Td (repurchased ) Tj ET Q q 0 0 0 rg BT 334.38 534.05 Td (may ) Tj ET Q q 0 0 0 rg BT 354.34 534.05 Td (be ) Tj ET Q q 0 0 0 rg BT 366.53 534.05 Td (used ) Tj ET Q q 0 0 0 rg BT 387.61 534.05 Td (to ) Tj ET Q q 0 0 0 rg BT 398.14 534.05 Td (meet ) Tj ET Q q 0 0 0 rg BT 420.33 534.05 Td (the ) Tj ET Q q 0 0 0 rg BT 435.29 534.05 Td (Company) Tj ET Q q 0 0 0 rg BT 476.96 534.05 Td (s ) Tj ET Q q 0 0 0 rg BT 483.60 534.05 Td (obligations ) Tj ET Q q 0 0 0 rg BT 530.79 534.05 Td (arising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 522.05 Td (from ) Tj ET Q q 0 0 0 rg BT 76.11 522.05 Td (the ) Tj ET Q q 0 0 0 rg BT 90.99 522.05 Td (equity ) Tj ET Q q 0 0 0 rg BT 118.66 522.05 Td (incentive ) Tj ET Q q 0 0 0 rg BT 157.97 522.05 Td (plan ) Tj ET Q q 0 0 0 rg BT 177.86 522.05 Td (approved ) Tj ET Q q 0 0 0 rg BT 217.74 522.05 Td (in ) Tj ET Q q 0 0 0 rg BT 228.18 522.05 Td (2017. ) Tj ET Q q 0 0 0 rg BT 252.76 522.05 Td (As ) Tj ET Q q 0 0 0 rg BT 266.54 522.05 Td (of ) Tj ET Q q 0 0 0 rg BT 277.54 522.05 Td (September ) Tj ET Q q 0 0 0 rg BT 322.97 522.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 338.14 522.05 Td (2018, ) Tj ET Q q 0 0 0 rg BT 363.31 522.05 Td (the ) Tj ET Q q 0 0 0 rg BT 378.20 522.05 Td (Company ) Tj ET Q q 0 0 0 rg BT 419.75 522.05 Td (had ) Tj ET Q q 0 0 0 rg BT 436.86 522.05 Td (repurchased ) Tj ET Q q 0 0 0 rg BT 487.83 522.05 Td (307,856 ) Tj ET Q q 0 0 0 rg BT 523.00 522.05 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 510.05 Td (shares ) Tj ET Q q 0 0 0 rg BT 81.58 510.05 Td (for ) Tj ET Q q 0 0 0 rg BT 95.83 510.05 Td (a ) Tj ET Q q 0 0 0 rg BT 102.85 510.05 Td (total ) Tj ET Q q 0 0 0 rg BT 123.21 510.05 Td (consideration ) Tj ET Q q 0 0 0 rg BT 179.67 510.05 Td (of ) Tj ET Q q 0 0 0 rg BT 190.59 510.05 Td (30,131 ) Tj ET Q q 0 0 0 rg BT 225.68 510.05 Td (thousand ) Tj ET Q q 0 0 0 rg BT 264.38 510.05 Td (under ) Tj ET Q q 0 0 0 rg BT 289.73 510.05 Td (the ) Tj ET Q q 0 0 0 rg BT 304.54 510.05 Td (program. ) Tj ET Q q 0 0 0 rg BT 343.50 510.05 Td (No ) Tj ET Q q 0 0 0 rg BT 358.31 510.05 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 408.10 510.05 Td (were ) Tj ET Q q 0 0 0 rg BT 430.11 510.05 Td (made ) Tj ET Q q 0 0 0 rg BT 454.36 510.05 Td (in ) Tj ET Q q 0 0 0 rg BT 464.72 510.05 Td (the ) Tj ET Q q 0 0 0 rg BT 479.53 510.05 Td (three ) Tj ET Q q 0 0 0 rg BT 502.10 510.05 Td (months ) Tj ET Q q 0 0 0 rg BT 534.14 510.05 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 498.05 Td (September ) Tj ET Q q 0 0 0 rg BT 99.26 498.05 Td (30, ) Tj ET Q q 0 0 0 rg BT 114.26 498.05 Td (2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 474.05 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 90.00 474.05 Td (Other ) Tj ET Q q 0 0 0 rg BT 116.39 474.05 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 180.55 474.05 Td (income/\(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 450.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 450.05 Td (The following table presents other comprehensive income/\(loss\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 365.55 251.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 365.55 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 365.55 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 365.55 61.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 365.55 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 365.55 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 365.55 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 365.55 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 328.55 251.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 328.55 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 328.55 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 328.55 61.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 328.55 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 328.55 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 328.55 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 328.55 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 282.55 251.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 282.55 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 282.55 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 282.55 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 282.55 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 282.55 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 282.55 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 282.55 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 254.55 251.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 254.55 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 254.55 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 254.55 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 254.55 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 254.55 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 254.55 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 254.55 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 416.54999999999995 m 364.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 416.54999999999995 m 368.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 416.54999999999995 m 429.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 416.54999999999995 m 493.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 416.54999999999995 m 557.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 416.54999999999995 m 364.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 402.54999999999995 m 364.5 402.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 416.54999999999995 m 429.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 402.54999999999995 m 429.5 402.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 416.54999999999995 m 493.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 402.54999999999995 m 493.5 402.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 416.54999999999995 m 497.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 416.54999999999995 m 557.5 416.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 402.54999999999995 m 557.5 402.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 402.54999999999995 m 364.5 402.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 402.54999999999995 m 429.5 402.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 402.54999999999995 m 493.5 402.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 402.54999999999995 m 557.5 402.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 342.54999999999995 m 364.5 342.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 342.54999999999995 m 429.5 342.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 342.54999999999995 m 493.5 342.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 342.54999999999995 m 557.5 342.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 305.54999999999995 m 364.5 305.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 305.54999999999995 m 429.5 305.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 305.54999999999995 m 493.5 305.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 305.54999999999995 m 557.5 305.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 282.54999999999995 m 364.5 282.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 268.54999999999995 m 364.5 268.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 282.54999999999995 m 429.5 282.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 268.54999999999995 m 429.5 268.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 282.54999999999995 m 493.5 282.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 268.54999999999995 m 493.5 268.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 282.54999999999995 m 557.5 282.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 268.54999999999995 m 557.5 268.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 254.54999999999995 m 364.5 254.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 241.54999999999995 m 364.5 241.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 239.54999999999995 m 364.5 239.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 254.54999999999995 m 429.5 254.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 241.54999999999995 m 429.5 241.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 239.54999999999995 m 429.5 239.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 254.54999999999995 m 493.5 254.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 241.54999999999995 m 493.5 241.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 239.54999999999995 m 493.5 239.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 254.54999999999995 m 557.5 254.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 241.54999999999995 m 557.5 241.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 239.54999999999995 m 557.5 239.54999999999995 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.40 430.00 Td (For) Tj ET Q q 0 0 0 rg BT 329.31 430.00 Td ( the thr) Tj ET Q q 0 0 0 rg BT 357.64 430.00 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.05 421.00 Td (September) Tj ET Q q 0 0 0 rg BT 382.46 421.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.55 430.00 Td (For) Tj ET Q q 0 0 0 rg BT 459.46 430.00 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.55 421.00 Td (September) Tj ET Q q 0 0 0 rg BT 510.96 421.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 407.00 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.50 407.00 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.00 407.00 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.00 407.00 Td (2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.85 393.01 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.00 379.01 Td (\(Losses\)/Gains on cash flow hedging instruments arising during ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.00 370.01 Td (the period) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.75 370.01 Td (\(2,014) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.00 370.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 405.75 370.01 Td (6,233) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.75 370.01 Td (\(6,976) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 370.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 370.01 Td (51,235) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.00 356.01 Td (Gains/\(Losses\) on cash flow hedging instruments reclassified to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.00 347.01 Td (the consolidated income statement) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 340.75 347.01 Td (3,712) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 398.25 347.01 Td (\(10,523) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.00 347.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.75 347.01 Td (\(4,170) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.00 347.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.75 347.01 Td (\(7,854) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 347.01 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 333.00 Td (Gains/\(Losses\) on cash flow hedging instruments) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.75 333.00 Td (1,698) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.75 333.00 Td (\(4,290) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 333.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 333.00 Td (\(1) Tj ET Q q 0 0 0 rg BT 469.75 333.00 Td (1,146) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 333.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 333.00 Td (43,381) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.00 319.01 Td (Exchange dif) Tj ET Q q 0 0 0 rg BT 109.65 319.01 Td (ferences on translating foreign operations arising) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.00 310.01 Td (during the period) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.50 310.01 Td (281) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 402.75 310.01 Td (\(4,923) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.00 310.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.75 310.01 Td (4,213) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.25 310.01 Td (\(15,572) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 310.01 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 296.00 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 296.00 Td (otal items that may be r) Tj ET Q q 0 0 0 rg BT 152.24 296.00 Td (eclassified to the consolidated income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 287.00 Td (statement in subsequent periods) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.75 287.00 Td (1,979) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.75 287.00 Td (\(9,213) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 287.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.75 287.00 Td (\(6,933) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 287.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 287.00 Td (27,809) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 273.00 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 273.00 Td (otal other) Tj ET Q q 0 0 0 rg BT 98.25 273.00 Td ( compr) Tj ET Q q 0 0 0 rg BT 125.33 273.00 Td (ehensive income/\(loss\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.75 273.00 Td (1,979) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.75 273.00 Td (\(9,213) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 273.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.75 273.00 Td (\(6,933) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 273.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 273.00 Td (27,809) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 62.00 259.01 Td (Related tax impact) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.50 259.01 Td (\(473) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.00 259.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 405.75 259.01 Td (1,197) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.75 259.01 Td (3,1) Tj ET Q q 0 0 0 rg BT 481.00 259.01 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.25 259.01 Td (\(12,103) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 259.01 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 245.00 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 245.00 Td (otal other) Tj ET Q q 0 0 0 rg BT 98.25 245.00 Td ( compr) Tj ET Q q 0 0 0 rg BT 125.33 245.00 Td (ehensive income/\(loss\), net of tax ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.75 245.00 Td (1,506) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.75 245.00 Td (\(8,016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 245.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.75 245.00 Td (\(3,823) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 245.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 245.00 Td (15,706) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 217.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 217.05 Td (Gains ) Tj ET Q q 0 0 0 rg BT 115.20 217.05 Td (and ) Tj ET Q q 0 0 0 rg BT 131.51 217.05 Td (losses ) Tj ET Q q 0 0 0 rg BT 157.27 217.05 Td (on ) Tj ET Q q 0 0 0 rg BT 169.15 217.05 Td (cash ) Tj ET Q q 0 0 0 rg BT 188.79 217.05 Td (flow ) Tj ET Q q 0 0 0 rg BT 208.99 217.05 Td (hedging ) Tj ET Q q 0 0 0 rg BT 243.08 217.05 Td (instruments ) Tj ET Q q 0 0 0 rg BT 291.61 217.05 Td (relate ) Tj ET Q q 0 0 0 rg BT 315.69 217.05 Td (to ) Tj ET Q q 0 0 0 rg BT 325.34 217.05 Td (changes ) Tj ET Q q 0 0 0 rg BT 359.42 217.05 Td (in ) Tj ET Q q 0 0 0 rg BT 369.07 217.05 Td (the ) Tj ET Q q 0 0 0 rg BT 383.15 217.05 Td (fair ) Tj ET Q q 0 0 0 rg BT 398.90 217.05 Td (value ) Tj ET Q q 0 0 0 rg BT 422.43 217.05 Td (of ) Tj ET Q q 0 0 0 rg BT 432.63 217.05 Td (derivative ) Tj ET Q q 0 0 0 rg BT 474.48 217.05 Td (financial ) Tj ET Q q 0 0 0 rg BT 511.33 217.05 Td (instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 205.05 Td (used ) Tj ET Q q 0 0 0 rg BT 74.83 205.05 Td (for ) Tj ET Q q 0 0 0 rg BT 88.99 205.05 Td (cash ) Tj ET Q q 0 0 0 rg BT 109.26 205.05 Td (flow ) Tj ET Q q 0 0 0 rg BT 130.09 205.05 Td (hedging ) Tj ET Q q 0 0 0 rg BT 164.81 205.05 Td (purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 181.05 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 181.05 Td (The ) Tj ET Q q 0 0 0 rg BT 108.05 181.05 Td (tax ) Tj ET Q q 0 0 0 rg BT 122.76 181.05 Td (ef) Tj ET Q q 0 0 0 rg BT 130.35 181.05 Td (fects ) Tj ET Q q 0 0 0 rg BT 151.73 181.05 Td (relating ) Tj ET Q q 0 0 0 rg BT 184.77 181.05 Td (to ) Tj ET Q q 0 0 0 rg BT 195.05 181.05 Td (other ) Tj ET Q q 0 0 0 rg BT 218.10 181.05 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 281.13 181.05 Td (income/\(loss\) ) Tj ET Q q 0 0 0 rg BT 338.06 181.05 Td (are ) Tj ET Q q 0 0 0 rg BT 352.77 181.05 Td (as ) Tj ET Q q 0 0 0 rg BT 363.60 181.05 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 85.55 184.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 85.55 50.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 85.55 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 85.55 50.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 85.55 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 85.55 50.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 85.55 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 85.55 50.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 85.55 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 85.55 50.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 85.55 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 85.55 50.00 -21.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238.5 156.54999999999995 m 288.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288.5 156.54999999999995 m 292.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 156.54999999999995 m 342.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 156.54999999999995 m 346.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 156.54999999999995 m 396.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 156.54999999999995 m 400.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 156.54999999999995 m 450.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 156.54999999999995 m 454.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 156.54999999999995 m 504.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 156.54999999999995 m 508.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 156.54999999999995 m 558.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238.5 156.54999999999995 m 288.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238.5 142.54999999999995 m 288.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288.5 156.54999999999995 m 292.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288.5 142.54999999999995 m 292.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 156.54999999999995 m 342.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 142.54999999999995 m 342.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 156.54999999999995 m 346.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 142.54999999999995 m 346.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 156.54999999999995 m 396.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 142.54999999999995 m 396.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 156.54999999999995 m 450.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 142.54999999999995 m 450.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 156.54999999999995 m 454.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 142.54999999999995 m 454.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 156.54999999999995 m 504.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 142.54999999999995 m 504.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 156.54999999999995 m 508.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 142.54999999999995 m 508.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 156.54999999999995 m 558.5 156.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 142.54999999999995 m 558.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238.5 112.54999999999995 m 288.5 112.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 112.54999999999995 m 342.5 112.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 112.54999999999995 m 396.5 112.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 142.54999999999995 m 450.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 112.54999999999995 m 450.5 112.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 142.54999999999995 m 454.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 142.54999999999995 m 504.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 112.54999999999995 m 504.5 112.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 142.54999999999995 m 508.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 142.54999999999995 m 558.5 142.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 112.54999999999995 m 558.5 112.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238.5 64.54999999999995 m 288.5 64.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238.5 50.549999999999955 m 288.5 50.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238.5 48.549999999999955 m 288.5 48.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 64.54999999999995 m 342.5 64.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 50.549999999999955 m 342.5 50.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 48.549999999999955 m 342.5 48.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 64.54999999999995 m 396.5 64.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 50.549999999999955 m 396.5 50.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 48.549999999999955 m 396.5 48.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 64.54999999999995 m 450.5 64.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 50.549999999999955 m 450.5 50.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 48.549999999999955 m 450.5 48.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 64.54999999999995 m 504.5 64.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 50.549999999999955 m 504.5 50.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 48.549999999999955 m 504.5 48.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 64.54999999999995 m 558.5 64.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 50.549999999999955 m 558.5 50.549999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 48.549999999999955 m 558.5 48.549999999999955 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.00 161.00 Td (For) Tj ET Q q 0 0 0 rg BT 333.83 161.00 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 466.42 161.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.00 147.00 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.00 147.00 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.80 126.00 Td (Pr) Tj ET Q q 0 0 0 rg BT 258.21 126.00 Td (e-tax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.20 117.00 Td (balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 295.50 117.00 Td (T) Tj ET Q q 0 0 0 rg BT 300.68 117.00 Td (ax impact) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.25 126.00 Td (Net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.20 117.00 Td (balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.80 126.00 Td (Pr) Tj ET Q q 0 0 0 rg BT 420.21 126.00 Td (e-tax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.20 117.00 Td (balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.50 117.00 Td (T) Tj ET Q q 0 0 0 rg BT 462.68 117.00 Td (ax impact) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 126.00 Td (Net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.20 117.00 Td (balance) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.85 103.80 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 90.01 Td (\(Losses\)/Gains on cash flow hedging instruments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 90.01 Td (\(1) Tj ET Q q 0 0 0 rg BT 264.75 90.01 Td (1,146) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 285.00 90.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.75 90.01 Td (3,1) Tj ET Q q 0 0 0 rg BT 330.00 90.01 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.75 90.01 Td (\(8,036) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.00 90.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 422.25 90.01 Td (43,381) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.25 90.01 Td (\(12,103) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 501.00 90.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 90.01 Td (31,278) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 76.81 Td (Exchange gains/\(losses\) on translating foreign ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 67.81 Td (operations) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 264.75 69.01 Td (4,213) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.00 69.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.75 69.01 Td (4,213) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.25 69.01 Td (\(15,572) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 69.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 492.00 69.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.25 69.01 Td (\(15,572) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 555.00 69.01 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 54.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.18 54.00 Td (otal other) Tj ET Q q 0 0 0 rg BT 99.25 54.00 Td ( compr) Tj ET Q q 0 0 0 rg BT 126.33 54.00 Td (ehensive \(loss\)/income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.75 54.00 Td (\(6,933) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 54.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.75 54.00 Td (3,1) Tj ET Q q 0 0 0 rg BT 330.00 54.00 Td (10) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.75 54.00 Td (\(3,823) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.00 54.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.25 54.00 Td (27,809) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.25 54.00 Td (\(12,103) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.00 54.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 54.00 Td (15,706) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 109 0 obj <> endobj 110 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 689.10 Td (21. ) Tj ET Q q 0 0 0 rg BT 69.00 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 71.50 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 74.00 689.10 Td (SHARE-BASED ) Tj ET Q q 0 0 0 rg BT 147.63 689.10 Td (COMPENSA) Tj ET Q q 0 0 0 rg BT 204.11 689.10 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 677.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 665.10 Td (In ) Tj ET Q q 0 0 0 rg BT 102.17 665.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 126.02 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 134.30 665.10 Td (total ) Tj ET Q q 0 0 0 rg BT 155.92 665.10 Td (number ) Tj ET Q q 0 0 0 rg BT 190.31 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 202.48 665.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 264.08 665.10 Td (687 ) Tj ET Q q 0 0 0 rg BT 282.93 665.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 322.88 665.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 377.25 665.10 Td (share ) Tj ET Q q 0 0 0 rg BT 402.19 665.10 Td (units ) Tj ET Q q 0 0 0 rg BT 425.48 665.10 Td (\(PSUs\) ) Tj ET Q q 0 0 0 rg BT 467.10 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 485.38 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 493.66 665.10 Td (total ) Tj ET Q q 0 0 0 rg BT 515.28 665.10 Td (number ) Tj ET Q q 0 0 0 rg BT 549.67 665.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 653.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 114.98 653.10 Td (1) Tj ET Q q 0 0 0 rg BT 119.61 653.10 Td (19 ) Tj ET Q q 0 0 0 rg BT 132.84 653.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 172.17 653.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 212.59 653.10 Td (share ) Tj ET Q q 0 0 0 rg BT 236.92 653.10 Td (units ) Tj ET Q q 0 0 0 rg BT 259.59 653.10 Td (\(RSUs\) ) Tj ET Q q 0 0 0 rg BT 301.70 653.10 Td (were ) Tj ET Q q 0 0 0 rg BT 324.35 653.10 Td (awarded ) Tj ET Q q 0 0 0 rg BT 361.44 653.10 Td (under ) Tj ET Q q 0 0 0 rg BT 387.43 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 402.87 653.10 Td (Company) Tj ET Q q 0 0 0 rg BT 444.54 653.10 Td (s ) Tj ET Q q 0 0 0 rg BT 451.65 653.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 479.87 653.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 519.75 653.10 Td (plan. ) Tj ET Q q 0 0 0 rg BT 542.46 653.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 641.10 Td (PSUs ) Tj ET Q q 0 0 0 rg BT 78.65 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 95.51 641.10 Td (RSUs ) Tj ET Q q 0 0 0 rg BT 121.27 641.10 Td (vest ) Tj ET Q q 0 0 0 rg BT 139.79 641.10 Td (in ) Tj ET Q q 0 0 0 rg BT 149.99 641.10 Td (three ) Tj ET Q q 0 0 0 rg BT 172.39 641.10 Td (equal ) Tj ET Q q 0 0 0 rg BT 196.46 641.10 Td (tranches ) Tj ET Q q 0 0 0 rg BT 232.19 641.10 Td (in ) Tj ET Q q 0 0 0 rg BT 242.38 641.10 Td (March ) Tj ET Q q 0 0 0 rg BT 270.90 641.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 295.82 641.10 Td (2020 ) Tj ET Q q 0 0 0 rg BT 318.23 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 335.09 641.10 Td (2021. ) Tj ET Q q 0 0 0 rg BT 360.00 641.10 Td (See ) Tj ET Q q 0 0 0 rg BT 376.86 641.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 398.71 641.10 Td (22) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 408.71 641.10 Td ( ) Tj ET Q q 0 0 0 rg BT 411.13 641.10 Td (Shar) Tj ET Q q 0 0 0 rg BT 435.21 641.10 Td (e-Based ) Tj ET Q q 0 0 0 rg BT 469.83 641.10 Td (Compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.17 641.10 Td ( ) Tj ET Q q 0 0 0 rg BT 535.59 641.10 Td (to ) Tj ET Q q 0 0 0 rg BT 545.78 641.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 629.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 109.27 629.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 148.99 629.10 Td (Statements ) Tj ET Q q 0 0 0 rg BT 195.37 629.10 Td (for ) Tj ET Q q 0 0 0 rg BT 209.53 629.10 Td (further ) Tj ET Q q 0 0 0 rg BT 239.23 629.10 Td (details.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 605.10 Td (In ) Tj ET Q q 0 0 0 rg BT 101.22 605.10 Td (September ) Tj ET Q q 0 0 0 rg BT 146.88 605.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 169.77 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 184.88 605.10 Td (Compensation ) Tj ET Q q 0 0 0 rg BT 245.55 605.10 Td (Committee ) Tj ET Q q 0 0 0 rg BT 292.88 605.10 Td (granted ) Tj ET Q q 0 0 0 rg BT 325.76 605.10 Td (a ) Tj ET Q q 0 0 0 rg BT 333.09 605.10 Td (total ) Tj ET Q q 0 0 0 rg BT 353.76 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 364.98 605.10 Td (21 ) Tj ET Q q 0 0 0 rg BT 377.87 605.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 416.88 605.10 Td (PSU ) Tj ET Q q 0 0 0 rg BT 438.11 605.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 469.33 605.10 Td (and ) Tj ET Q q 0 0 0 rg BT 486.66 605.10 Td (10 ) Tj ET Q q 0 0 0 rg BT 499.55 605.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 538.55 605.10 Td (RSU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 593.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 84.29 593.10 Td (to ) Tj ET Q q 0 0 0 rg BT 94.03 593.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 123.20 593.10 Td (key ) Tj ET Q q 0 0 0 rg BT 139.61 593.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 184.34 593.10 Td (under ) Tj ET Q q 0 0 0 rg BT 209.07 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 223.26 593.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 250.22 593.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 288.83 593.10 Td (plan. ) Tj ET Q q 0 0 0 rg BT 310.38 593.10 Td (The ) Tj ET Q q 0 0 0 rg BT 327.89 593.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 380.38 593.10 Td (period ) Tj ET Q q 0 0 0 rg BT 407.89 593.10 Td (for ) Tj ET Q q 0 0 0 rg BT 421.52 593.10 Td (these ) Tj ET Q q 0 0 0 rg BT 444.03 593.10 Td (PSUs ) Tj ET Q q 0 0 0 rg BT 468.24 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 484.64 593.10 Td (RSUs ) Tj ET Q q 0 0 0 rg BT 509.95 593.10 Td (covers ) Tj ET Q q 0 0 0 rg BT 538.02 593.10 Td (2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 581.10 Td (to ) Tj ET Q q 0 0 0 rg BT 64.28 581.10 Td (2020. ) Tj ET Q q 0 0 0 rg BT 89.10 581.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.14 581.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 131.86 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 148.80 581.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 192.96 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 203.79 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.51 581.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 249.33 581.10 Td (are ) Tj ET Q q 0 0 0 rg BT 264.04 581.10 Td (consistent ) Tj ET Q q 0 0 0 rg BT 306.53 581.10 Td (with ) Tj ET Q q 0 0 0 rg BT 326.81 581.10 Td (those ) Tj ET Q q 0 0 0 rg BT 350.42 581.10 Td (of ) Tj ET Q q 0 0 0 rg BT 361.25 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 375.97 581.10 Td (PSUs ) Tj ET Q q 0 0 0 rg BT 400.70 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 417.64 581.10 Td (RSUs ) Tj ET Q q 0 0 0 rg BT 443.49 581.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 488.20 581.10 Td (awarded.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 557.10 Td (At ) Tj ET Q q 0 0 0 rg BT 102.64 557.10 Td (September ) Tj ET Q q 0 0 0 rg BT 148.04 557.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 163.18 557.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 188.32 557.10 Td (none ) Tj ET Q q 0 0 0 rg BT 210.39 557.10 Td (of ) Tj ET Q q 0 0 0 rg BT 221.36 557.10 Td (the ) Tj ET Q q 0 0 0 rg BT 236.22 557.10 Td (PSUs ) Tj ET Q q 0 0 0 rg BT 261.09 557.10 Td (or ) Tj ET Q q 0 0 0 rg BT 272.06 557.10 Td (RSUs ) Tj ET Q q 0 0 0 rg BT 298.04 557.10 Td (were ) Tj ET Q q 0 0 0 rg BT 320.11 557.10 Td (vested, ) Tj ET Q q 0 0 0 rg BT 350.79 557.10 Td (and ) Tj ET Q q 0 0 0 rg BT 367.87 557.10 Td (33 ) Tj ET Q q 0 0 0 rg BT 380.51 557.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 419.26 557.10 Td (PSUs ) Tj ET Q q 0 0 0 rg BT 444.13 557.10 Td (and ) Tj ET Q q 0 0 0 rg BT 461.21 557.10 Td (16 ) Tj ET Q q 0 0 0 rg BT 473.84 557.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 512.59 557.10 Td (RSUs ) Tj ET Q q 0 0 0 rg BT 538.57 557.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 545.10 Td (forfeited. ) Tj ET Q q 0 0 0 rg BT 94.42 545.10 Td (The ) Tj ET Q q 0 0 0 rg BT 113.73 545.10 Td (total ) Tj ET Q q 0 0 0 rg BT 135.27 545.10 Td (number ) Tj ET Q q 0 0 0 rg BT 169.58 545.10 Td (of ) Tj ET Q q 0 0 0 rg BT 181.67 545.10 Td (PSUs ) Tj ET Q q 0 0 0 rg BT 207.68 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 225.88 545.10 Td (RSUs ) Tj ET Q q 0 0 0 rg BT 252.99 545.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 303.42 545.10 Td (at ) Tj ET Q q 0 0 0 rg BT 314.40 545.10 Td (September ) Tj ET Q q 0 0 0 rg BT 360.93 545.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 377.20 545.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 400.96 545.10 Td (were ) Tj ET Q q 0 0 0 rg BT 424.15 545.10 Td (675 ) Tj ET Q q 0 0 0 rg BT 442.92 545.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 482.79 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 501.00 545.10 Td (1) Tj ET Q q 0 0 0 rg BT 505.63 545.10 Td (13 ) Tj ET Q q 0 0 0 rg BT 519.39 545.10 Td (thousand, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 533.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 101.66 533.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 509.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 509.10 Td (T) Tj ET Q q 0 0 0 rg BT 95.41 509.10 Td (otal ) Tj ET Q q 0 0 0 rg BT 113.83 509.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 149.45 509.10 Td (for ) Tj ET Q q 0 0 0 rg BT 164.53 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 180.17 509.10 Td (PSU ) Tj ET Q q 0 0 0 rg BT 201.94 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.79 509.10 Td (RSU ) Tj ET Q q 0 0 0 rg BT 242.67 509.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 274.41 509.10 Td (for ) Tj ET Q q 0 0 0 rg BT 289.49 509.10 Td (the ) Tj ET Q q 0 0 0 rg BT 305.13 509.10 Td (nine ) Tj ET Q q 0 0 0 rg BT 325.76 509.10 Td (months ) Tj ET Q q 0 0 0 rg BT 358.63 509.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 385.93 509.10 Td (September ) Tj ET Q q 0 0 0 rg BT 432.11 509.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 448.03 509.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 471.46 509.10 Td (amounted ) Tj ET Q q 0 0 0 rg BT 514.31 509.10 Td (to ) Tj ET Q q 0 0 0 rg BT 525.51 509.10 Td (20,328 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 497.10 Td (thousand. ) Tj ET Q q 0 0 0 rg BT 94.95 497.10 Td (At ) Tj ET Q q 0 0 0 rg BT 107.95 497.10 Td (September ) Tj ET Q q 0 0 0 rg BT 153.72 497.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 169.23 497.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 192.23 497.10 Td (unrecognized ) Tj ET Q q 0 0 0 rg BT 249.10 497.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 307.64 497.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 342.86 497.10 Td (amounted ) Tj ET Q q 0 0 0 rg BT 385.29 497.10 Td (to ) Tj ET Q q 0 0 0 rg BT 396.08 497.10 Td (7,735 ) Tj ET Q q 0 0 0 rg BT 426.58 497.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 465.69 497.10 Td (and ) Tj ET Q q 0 0 0 rg BT 483.14 497.10 Td (will ) Tj ET Q q 0 0 0 rg BT 501.70 497.10 Td (be ) Tj ET Q q 0 0 0 rg BT 514.14 497.10 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 485.10 Td (over ) Tj ET Q q 0 0 0 rg BT 74.27 485.10 Td (the ) Tj ET Q q 0 0 0 rg BT 88.99 485.10 Td (remaining ) Tj ET Q q 0 0 0 rg BT 132.03 485.10 Td (vesting ) Tj ET Q q 0 0 0 rg BT 163.41 485.10 Td (period ) Tj ET Q q 0 0 0 rg BT 191.46 485.10 Td (until ) Tj ET Q q 0 0 0 rg BT 212.30 485.10 Td (2020.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 449.10 Td (22. PROVISIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 425.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 425.10 Td (Provisions are as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 366.60 340.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 366.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 366.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 366.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 338.60 340.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 338.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 338.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 338.60 80.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 379.6 m 474.5 379.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 379.6 m 558.5 379.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 379.6 m 474.5 379.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 379.6 m 558.5 379.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 324.6 m 474.5 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 311.6 m 474.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 309.6 m 474.5 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 324.6 m 558.5 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 311.6 m 558.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 309.6 m 558.5 309.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.70 393.05 Td (At September) Tj ET Q q 0 0 0 rg BT 455.85 393.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 384.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.95 393.05 Td (At December) Tj ET Q q 0 0 0 rg BT 538.51 393.05 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.00 384.05 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 459.35 370.85 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 357.06 Td (W) Tj ET Q q 0 0 0 rg BT 64.77 357.06 Td (arranty and recall campaigns provision) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.75 357.06 Td (1) Tj ET Q q 0 0 0 rg BT 446.25 357.06 Td (15,833) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 357.06 Td (123,136) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 343.06 Td (Legal proceedings and disputes) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.25 343.06 Td (37,639) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 343.06 Td (50,375) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 329.06 Td (Other risks) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.25 329.06 Td (28,767) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 329.06 Td (23,881) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 315.05 Td (T) Tj ET Q q 0 0 0 rg BT 62.18 315.05 Td (otal pr) Tj ET Q q 0 0 0 rg BT 87.76 315.05 Td (ovisions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.75 315.05 Td (182,239) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 315.05 Td (197,392) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 287.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 287.10 Td (The provision for other risks is related to disputes and matters which are not subject to legal proceedings, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 275.10 Td (contract related disputes with suppliers, employees and other parties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 251.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 251.10 Td (Movements ) Tj ET Q q 0 0 0 rg BT 139.72 251.10 Td (in ) Tj ET Q q 0 0 0 rg BT 150.00 251.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 194.17 251.10 Td (are ) Tj ET Q q 0 0 0 rg BT 208.87 251.10 Td (as ) Tj ET Q q 0 0 0 rg BT 219.70 251.10 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 186.60 159.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 186.60 73.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 186.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 186.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 186.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 186.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 186.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 186.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 186.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 186.60 73.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 158.60 159.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 158.60 73.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 158.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 158.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 158.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 158.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 158.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 158.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 158.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 158.60 73.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 199.60000000000002 m 285.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 199.60000000000002 m 350.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 199.60000000000002 m 415.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 199.60000000000002 m 480.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 199.60000000000002 m 557.5 199.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 144.60000000000002 m 285.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 131.60000000000002 m 285.5 131.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 129.60000000000002 m 285.5 129.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 144.60000000000002 m 350.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 131.60000000000002 m 350.5 131.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 129.60000000000002 m 350.5 129.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 144.60000000000002 m 415.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 131.60000000000002 m 415.5 131.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 129.60000000000002 m 415.5 129.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 144.60000000000002 m 480.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 131.60000000000002 m 480.5 131.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 129.60000000000002 m 480.5 129.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 144.60000000000002 m 557.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 131.60000000000002 m 557.5 131.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 129.60000000000002 m 557.5 129.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 230.60 211.83 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 216.25 203.83 Td (December) Tj ET Q q 0 0 0 rg BT 250.82 203.83 Td ( 31, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.95 213.05 Td (Additional) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.80 204.05 Td (pr) Tj ET Q q 0 0 0 rg BT 308.72 204.05 Td (ovisions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.25 204.05 Td (Utilization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.30 231.05 Td (T) Tj ET Q q 0 0 0 rg BT 432.63 231.05 Td (ranslation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 428.55 222.05 Td (differ) Tj ET Q q 0 0 0 rg BT 449.88 222.05 Td (ences) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.95 213.05 Td (and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.75 204.05 Td (movements) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.60 211.83 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.10 203.83 Td (September) Tj ET Q q 0 0 0 rg BT 523.83 203.83 Td ( 30, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 364.35 190.85 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 177.06 Td (W) Tj ET Q q 0 0 0 rg BT 63.77 177.06 Td (arranty and recall campaigns provision) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 177.06 Td (123,136) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 326.75 177.06 Td (9,607) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.25 177.06 Td (\(16,993) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.00 177.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 468.00 177.06 Td (83) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 177.06 Td (1) Tj ET Q q 0 0 0 rg BT 529.25 177.06 Td (15,833) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 163.06 Td (Legal proceedings and disputes) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 163.06 Td (50,375) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 326.75 163.06 Td (5,140) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.25 163.06 Td (\(17,520) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.00 163.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.50 163.06 Td (\(356) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.00 163.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 163.06 Td (37,639) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 149.06 Td (Other risks) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 149.06 Td (23,881) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 326.75 149.06 Td (4,829) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 149.06 Td (\(883) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.00 149.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.50 149.06 Td (940) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 149.06 Td (28,767) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 135.05 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 135.05 Td (otal pr) Tj ET Q q 0 0 0 rg BT 86.76 135.05 Td (ovisions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 252.75 135.05 Td (197,392) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 135.05 Td (19,576) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.25 135.05 Td (\(35,396) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.00 135.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.50 135.05 Td (667) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 135.05 Td (182,239) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 107.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 90.00 107.10 Td (Utilization ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 134.68 107.10 Td (of ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 144.92 107.10 Td (the ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 159.05 107.10 Td (provision ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 198.75 107.10 Td (for ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 212.32 107.10 Td (legal ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 233.67 107.10 Td (proceedings ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 283.89 107.10 Td (and ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 300.25 107.10 Td (disputes ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 334.94 107.10 Td (mainly ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 364.62 107.10 Td (relates ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 392.63 107.10 Td (to ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 402.32 107.10 Td (a ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 408.67 107.10 Td (pronouncement ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 472.79 107.10 Td (on ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 484.70 107.10 Td (a ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 491.05 107.10 Td (prior ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 512.41 107.10 Td (year) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 529.98 107.10 Td () Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 532.76 107.10 Td (s ) Tj ET Q q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 538.57 107.10 Td (legal ) Tj ET Q BT /F1 10.00 Tf ET q 0.0784313725490196 0.07450980392156863 0.07450980392156863 rg BT 54.00 95.10 Td (dispute.) Tj ET Q endstream endobj 111 0 obj <> endobj 112 0 obj <> stream BT /F1 12.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 294.65 32.20 Td (F-22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 713.25 Td (23. DEBT) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 649.75 113.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 167.50 649.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 649.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 649.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 649.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 649.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 649.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 649.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 649.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 649.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 649.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 649.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 621.75 113.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 167.50 621.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 621.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 621.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 621.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 621.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 621.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 621.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 621.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 621.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 621.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 621.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 593.75 113.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 167.50 593.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 593.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 593.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 593.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 593.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 593.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 593.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 593.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 593.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 593.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 593.75 63.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 167.5 661.75 m 230.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234.5 661.75 m 297.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 661.75 m 364.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 661.75 m 431.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 661.75 m 491.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 661.75 m 558.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 167.5 661.75 m 230.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 167.5 593.75 m 230.5 593.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 167.5 580.75 m 230.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 167.5 578.75 m 230.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234.5 593.75 m 297.5 593.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234.5 580.75 m 297.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234.5 578.75 m 297.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 593.75 m 364.5 593.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 580.75 m 364.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 578.75 m 364.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 593.75 m 431.5 593.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 580.75 m 431.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 578.75 m 431.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 593.75 m 491.5 593.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 580.75 m 491.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 578.75 m 491.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 593.75 m 558.5 593.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 580.75 m 558.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 578.75 m 558.5 578.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 180.60 681.98 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 175.25 673.98 Td (December) Tj ET Q q 0 0 0 rg BT 209.82 673.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 190.50 665.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.85 673.98 Td ( Pr) Tj ET Q q 0 0 0 rg BT 250.14 673.98 Td (oceeds fr) Tj ET Q q 0 0 0 rg BT 280.43 673.98 Td (om ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 246.00 665.98 Td (borr) Tj ET Q q 0 0 0 rg BT 261.41 665.98 Td (owings ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.05 673.98 Td (Repayments of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.00 665.98 Td (borr) Tj ET Q q 0 0 0 rg BT 328.41 665.98 Td (owings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.65 673.98 Td (Inter) Tj ET Q q 0 0 0 rg BT 388.83 673.98 Td (est accrued ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.00 665.98 Td (and other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.25 673.98 Td (T) Tj ET Q q 0 0 0 rg BT 447.99 673.98 Td (ranslation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.40 665.98 Td (differ) Tj ET Q q 0 0 0 rg BT 463.36 665.98 Td (ences) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.60 681.98 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.10 673.98 Td (September) Tj ET Q q 0 0 0 rg BT 538.83 673.98 Td ( 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.50 665.98 Td (2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 342.35 653.70 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 640.21 Td (Bonds) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 191.00 640.21 Td (1,193,517) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 285.00 640.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 352.00 640.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.75 640.21 Td (1,487) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 479.00 640.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 519.00 640.21 Td (1,195,004) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 626.21 Td (Securitizations) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 197.75 626.21 Td (556,276) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 264.75 626.21 Td (140,185) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 333.25 626.21 Td (\(70,864) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.00 626.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 626.21 Td (153) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.25 626.21 Td (23,314) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 626.21 Td (649,064) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 612.21 Td (Borrowings from banks ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 202.25 612.21 Td (38,059) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 285.00 612.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.75 612.21 Td (\(2,009) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.00 612.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 612.21 Td (236) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.75 612.21 Td (1,063) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 612.21 Td (37,349) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 598.21 Td (Other debt) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 202.25 598.21 Td (18,329) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 269.25 598.21 Td (16,189) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 333.25 598.21 Td (\(28,360) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.00 598.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.00 598.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.00 598.21 Td (\(22) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.00 598.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 598.21 Td (6,136) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 584.20 Td (T) Tj ET Q q 0 0 0 rg BT 62.18 584.20 Td (otal debt ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 191.00 584.20 Td (1,806,181) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.75 584.20 Td (156,374) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.75 584.20 Td (\(101,233) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.00 584.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.75 584.20 Td (1,876) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.25 584.20 Td (24,355) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.00 584.20 Td (1,887,553) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 556.25 Td (Bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 532.25 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 90.00 532.25 Td (2023 ) Tj ET Q q 0 0 0 rg BT 112.50 532.25 Td (Bond) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 508.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 508.25 Td (On ) Tj ET Q q 0 0 0 rg BT 104.13 508.25 Td (March ) Tj ET Q q 0 0 0 rg BT 132.13 508.25 Td (16, ) Tj ET Q q 0 0 0 rg BT 146.53 508.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 170.93 508.25 Td (the ) Tj ET Q q 0 0 0 rg BT 185.05 508.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 225.84 508.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 252.75 508.25 Td (1.5 ) Tj ET Q q 0 0 0 rg BT 267.15 508.25 Td (percent ) Tj ET Q q 0 0 0 rg BT 298.48 508.25 Td (coupon ) Tj ET Q q 0 0 0 rg BT 329.82 508.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 352.83 508.25 Td (due ) Tj ET Q q 0 0 0 rg BT 369.17 508.25 Td (March ) Tj ET Q q 0 0 0 rg BT 397.17 508.25 Td (2023, ) Tj ET Q q 0 0 0 rg BT 421.58 508.25 Td (having ) Tj ET Q q 0 0 0 rg BT 450.70 508.25 Td (a ) Tj ET Q q 0 0 0 rg BT 457.04 508.25 Td (principal ) Tj ET Q q 0 0 0 rg BT 494.49 508.25 Td (of ) Tj ET Q q 0 0 0 rg BT 504.72 508.25 Td (500 ) Tj ET Q q 0 0 0 rg BT 526.62 508.25 Td (million. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 496.25 Td (The ) Tj ET Q q 0 0 0 rg BT 71.84 496.25 Td (bond ) Tj ET Q q 0 0 0 rg BT 94.14 496.25 Td (was ) Tj ET Q q 0 0 0 rg BT 111.99 496.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 139.29 496.25 Td (at ) Tj ET Q q 0 0 0 rg BT 148.80 496.25 Td (a ) Tj ET Q q 0 0 0 rg BT 155.54 496.25 Td (discount ) Tj ET Q q 0 0 0 rg BT 191.72 496.25 Td (for ) Tj ET Q q 0 0 0 rg BT 205.68 496.25 Td (an ) Tj ET Q q 0 0 0 rg BT 217.42 496.25 Td (issue ) Tj ET Q q 0 0 0 rg BT 239.71 496.25 Td (price ) Tj ET Q q 0 0 0 rg BT 262.00 496.25 Td (of ) Tj ET Q q 0 0 0 rg BT 272.62 496.25 Td (98.977 ) Tj ET Q q 0 0 0 rg BT 302.42 496.25 Td (percent, ) Tj ET Q q 0 0 0 rg BT 336.64 496.25 Td (resulting ) Tj ET Q q 0 0 0 rg BT 373.93 496.25 Td (in ) Tj ET Q q 0 0 0 rg BT 384.01 496.25 Td (net ) Tj ET Q q 0 0 0 rg BT 398.52 496.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 436.36 496.25 Td (of ) Tj ET Q q 0 0 0 rg BT 446.99 496.25 Td (490,729 ) Tj ET Q q 0 0 0 rg BT 486.78 496.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 525.19 496.25 Td (after ) Tj ET Q q 0 0 0 rg BT 545.80 496.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 484.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 73.28 484.25 Td (discount ) Tj ET Q q 0 0 0 rg BT 109.24 484.25 Td (and ) Tj ET Q q 0 0 0 rg BT 125.74 484.25 Td (issuance ) Tj ET Q q 0 0 0 rg BT 161.69 484.25 Td (costs. ) Tj ET Q q 0 0 0 rg BT 186.10 484.25 Td (The ) Tj ET Q q 0 0 0 rg BT 203.72 484.25 Td (net ) Tj ET Q q 0 0 0 rg BT 218.00 484.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 255.61 484.25 Td (were ) Tj ET Q q 0 0 0 rg BT 277.10 484.25 Td (used, ) Tj ET Q q 0 0 0 rg BT 300.00 484.25 Td (together ) Tj ET Q q 0 0 0 rg BT 334.83 484.25 Td (with ) Tj ET Q q 0 0 0 rg BT 354.67 484.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 396.73 484.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 416.57 484.25 Td (held ) Tj ET Q q 0 0 0 rg BT 435.85 484.25 Td (by ) Tj ET Q q 0 0 0 rg BT 447.92 484.25 Td (the ) Tj ET Q q 0 0 0 rg BT 462.20 484.25 Td (Company) Tj ET Q q 0 0 0 rg BT 500.44 484.25 Td (, ) Tj ET Q q 0 0 0 rg BT 505.00 484.25 Td (to ) Tj ET Q q 0 0 0 rg BT 514.85 484.25 Td (fully ) Tj ET Q q 0 0 0 rg BT 535.80 484.25 Td (repay ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 472.25 Td (the ) Tj ET Q q 0 0 0 rg BT 69.03 472.25 Td (500 ) Tj ET Q q 0 0 0 rg BT 91.85 472.25 Td (million ) Tj ET Q q 0 0 0 rg BT 123.56 472.25 Td (Bridge ) Tj ET Q q 0 0 0 rg BT 153.59 472.25 Td (Loan ) Tj ET Q q 0 0 0 rg BT 176.95 472.25 Td (under ) Tj ET Q q 0 0 0 rg BT 202.54 472.25 Td (the ) Tj ET Q q 0 0 0 rg BT 217.57 472.25 Td (Facility) Tj ET Q q 0 0 0 rg BT 247.47 472.25 Td (. ) Tj ET Q q 0 0 0 rg BT 252.59 472.25 Td (The ) Tj ET Q q 0 0 0 rg BT 270.95 472.25 Td (bond ) Tj ET Q q 0 0 0 rg BT 293.77 472.25 Td (is ) Tj ET Q q 0 0 0 rg BT 303.25 472.25 Td (unrated ) Tj ET Q q 0 0 0 rg BT 336.06 472.25 Td (and ) Tj ET Q q 0 0 0 rg BT 353.31 472.25 Td (was ) Tj ET Q q 0 0 0 rg BT 371.68 472.25 Td (admitted ) Tj ET Q q 0 0 0 rg BT 409.48 472.25 Td (to ) Tj ET Q q 0 0 0 rg BT 420.08 472.25 Td (trading ) Tj ET Q q 0 0 0 rg BT 451.22 472.25 Td (on ) Tj ET Q q 0 0 0 rg BT 464.04 472.25 Td (the ) Tj ET Q q 0 0 0 rg BT 479.07 472.25 Td (regulated ) Tj ET Q q 0 0 0 rg BT 519.09 472.25 Td (market ) Tj ET Q q 0 0 0 rg BT 549.67 472.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 460.25 Td (the ) Tj ET Q q 0 0 0 rg BT 69.17 460.25 Td (Irish ) Tj ET Q q 0 0 0 rg BT 90.45 460.25 Td (Stock ) Tj ET Q q 0 0 0 rg BT 116.18 460.25 Td (Exchange. ) Tj ET Q q 0 0 0 rg BT 160.84 460.25 Td (The ) Tj ET Q q 0 0 0 rg BT 179.34 460.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 212.29 460.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 261.90 460.25 Td (at ) Tj ET Q q 0 0 0 rg BT 272.07 460.25 Td (September ) Tj ET Q q 0 0 0 rg BT 317.79 460.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 333.24 460.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 356.19 460.25 Td (of ) Tj ET Q q 0 0 0 rg BT 367.47 460.25 Td (497,995 ) Tj ET Q q 0 0 0 rg BT 407.92 460.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 446.98 460.25 Td (includes ) Tj ET Q q 0 0 0 rg BT 483.26 460.25 Td (accrued ) Tj ET Q q 0 0 0 rg BT 517.30 460.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 549.68 460.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 448.25 Td (4,063 ) Tj ET Q q 0 0 0 rg BT 84.00 448.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 122.61 448.25 Td (\(498,894 ) Tj ET Q q 0 0 0 rg BT 165.94 448.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 204.55 448.25 Td (including ) Tj ET Q q 0 0 0 rg BT 244.82 448.25 Td (5,938 ) Tj ET Q q 0 0 0 rg BT 274.82 448.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 313.43 448.25 Td (of ) Tj ET Q q 0 0 0 rg BT 324.26 448.25 Td (accrued ) Tj ET Q q 0 0 0 rg BT 357.84 448.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 389.78 448.25 Td (at ) Tj ET Q q 0 0 0 rg BT 399.49 448.25 Td (December ) Tj ET Q q 0 0 0 rg BT 443.08 448.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 458.08 448.25 Td (2017\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 424.25 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 90.00 424.25 Td (2021 ) Tj ET Q q 0 0 0 rg BT 112.50 424.25 Td (Bond) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 400.25 Td (On ) Tj ET Q q 0 0 0 rg BT 104.52 400.25 Td (November ) Tj ET Q q 0 0 0 rg BT 149.03 400.25 Td (16, ) Tj ET Q q 0 0 0 rg BT 163.84 400.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 188.64 400.25 Td (the ) Tj ET Q q 0 0 0 rg BT 203.16 400.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 244.35 400.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 271.65 400.25 Td (0.25 ) Tj ET Q q 0 0 0 rg BT 291.45 400.25 Td (percent ) Tj ET Q q 0 0 0 rg BT 323.18 400.25 Td (coupon ) Tj ET Q q 0 0 0 rg BT 354.92 400.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 378.33 400.25 Td (due ) Tj ET Q q 0 0 0 rg BT 395.07 400.25 Td (January ) Tj ET Q q 0 0 0 rg BT 428.47 400.25 Td (2021, ) Tj ET Q q 0 0 0 rg BT 453.27 400.25 Td (having ) Tj ET Q q 0 0 0 rg BT 482.79 400.25 Td (a ) Tj ET Q q 0 0 0 rg BT 489.53 400.25 Td (principal ) Tj ET Q q 0 0 0 rg BT 527.38 400.25 Td (of ) Tj ET Q q 0 0 0 rg BT 538.01 400.25 Td (700 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 388.25 Td (million. ) Tj ET Q q 0 0 0 rg BT 87.59 388.25 Td (The ) Tj ET Q q 0 0 0 rg BT 105.51 388.25 Td (bond ) Tj ET Q q 0 0 0 rg BT 127.89 388.25 Td (was ) Tj ET Q q 0 0 0 rg BT 145.81 388.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 173.18 388.25 Td (at ) Tj ET Q q 0 0 0 rg BT 182.77 388.25 Td (a ) Tj ET Q q 0 0 0 rg BT 189.59 388.25 Td (discount ) Tj ET Q q 0 0 0 rg BT 225.85 388.25 Td (for ) Tj ET Q q 0 0 0 rg BT 239.88 388.25 Td (an ) Tj ET Q q 0 0 0 rg BT 251.69 388.25 Td (issue ) Tj ET Q q 0 0 0 rg BT 274.06 388.25 Td (price ) Tj ET Q q 0 0 0 rg BT 296.42 388.25 Td (of ) Tj ET Q q 0 0 0 rg BT 307.12 388.25 Td (99.557 ) Tj ET Q q 0 0 0 rg BT 337.00 388.25 Td (percent, ) Tj ET Q q 0 0 0 rg BT 371.29 388.25 Td (resulting ) Tj ET Q q 0 0 0 rg BT 408.66 388.25 Td (in ) Tj ET Q q 0 0 0 rg BT 418.81 388.25 Td (net ) Tj ET Q q 0 0 0 rg BT 433.40 388.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 471.31 388.25 Td (of ) Tj ET Q q 0 0 0 rg BT 482.02 388.25 Td (694,172 ) Tj ET Q q 0 0 0 rg BT 521.89 388.25 Td (thousand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 376.25 Td (after ) Tj ET Q q 0 0 0 rg BT 74.96 376.25 Td (the ) Tj ET Q q 0 0 0 rg BT 89.81 376.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 109.67 376.25 Td (discount ) Tj ET Q q 0 0 0 rg BT 146.20 376.25 Td (and ) Tj ET Q q 0 0 0 rg BT 163.28 376.25 Td (issuance ) Tj ET Q q 0 0 0 rg BT 199.79 376.25 Td (costs. ) Tj ET Q q 0 0 0 rg BT 224.74 376.25 Td (The ) Tj ET Q q 0 0 0 rg BT 242.93 376.25 Td (net ) Tj ET Q q 0 0 0 rg BT 257.79 376.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 295.97 376.25 Td (were ) Tj ET Q q 0 0 0 rg BT 318.04 376.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 357.89 376.25 Td (used ) Tj ET Q q 0 0 0 rg BT 378.86 376.25 Td (to ) Tj ET Q q 0 0 0 rg BT 389.28 376.25 Td (repay ) Tj ET Q q 0 0 0 rg BT 414.13 376.25 Td (the ) Tj ET Q q 0 0 0 rg BT 428.79 376.25 Td (T) Tj ET Q q 0 0 0 rg BT 434.20 376.25 Td (erm ) Tj ET Q q 0 0 0 rg BT 452.39 376.25 Td (Loan. ) Tj ET Q q 0 0 0 rg BT 477.89 376.25 Td (The ) Tj ET Q q 0 0 0 rg BT 496.07 376.25 Td (bond ) Tj ET Q q 0 0 0 rg BT 518.72 376.25 Td (is ) Tj ET Q q 0 0 0 rg BT 528.03 376.25 Td (unrated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 364.25 Td (and ) Tj ET Q q 0 0 0 rg BT 71.47 364.25 Td (was ) Tj ET Q q 0 0 0 rg BT 90.06 364.25 Td (admitted ) Tj ET Q q 0 0 0 rg BT 128.09 364.25 Td (to ) Tj ET Q q 0 0 0 rg BT 138.90 364.25 Td (trading ) Tj ET Q q 0 0 0 rg BT 170.26 364.25 Td (on ) Tj ET Q q 0 0 0 rg BT 183.30 364.25 Td (the ) Tj ET Q q 0 0 0 rg BT 198.55 364.25 Td (regulated ) Tj ET Q q 0 0 0 rg BT 238.79 364.25 Td (market ) Tj ET Q q 0 0 0 rg BT 269.59 364.25 Td (of ) Tj ET Q q 0 0 0 rg BT 280.96 364.25 Td (the ) Tj ET Q q 0 0 0 rg BT 296.21 364.25 Td (Irish ) Tj ET Q q 0 0 0 rg BT 317.58 364.25 Td (Stock ) Tj ET Q q 0 0 0 rg BT 343.39 364.25 Td (Exchange. ) Tj ET Q q 0 0 0 rg BT 388.13 364.25 Td (The ) Tj ET Q q 0 0 0 rg BT 406.71 364.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 439.75 364.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 489.45 364.25 Td (at ) Tj ET Q q 0 0 0 rg BT 499.70 364.25 Td (September ) Tj ET Q q 0 0 0 rg BT 545.50 364.25 Td (30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 352.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 75.63 352.25 Td (of ) Tj ET Q q 0 0 0 rg BT 85.59 352.25 Td (697,009 ) Tj ET Q q 0 0 0 rg BT 124.72 352.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 162.45 352.25 Td (includes ) Tj ET Q q 0 0 0 rg BT 197.41 352.25 Td (accrued ) Tj ET Q q 0 0 0 rg BT 230.12 352.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 261.18 352.25 Td (of ) Tj ET Q q 0 0 0 rg BT 271.14 352.25 Td (1,237 ) Tj ET Q q 0 0 0 rg BT 300.27 352.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 338.00 352.25 Td (\(694,623 ) Tj ET Q q 0 0 0 rg BT 380.46 352.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 418.20 352.25 Td (including ) Tj ET Q q 0 0 0 rg BT 457.60 352.25 Td (221 ) Tj ET Q q 0 0 0 rg BT 479.23 352.25 Td (thousand ) Tj ET Q q 0 0 0 rg BT 516.97 352.25 Td (of ) Tj ET Q q 0 0 0 rg BT 526.92 352.25 Td (accrued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 340.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 85.93 340.25 Td (at ) Tj ET Q q 0 0 0 rg BT 95.65 340.25 Td (December ) Tj ET Q q 0 0 0 rg BT 139.23 340.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 154.23 340.25 Td (2017\).) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 316.25 Td (Securitizations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 292.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 292.25 Td (Starting ) Tj ET Q q 0 0 0 rg BT 124.17 292.25 Td (in ) Tj ET Q q 0 0 0 rg BT 134.46 292.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 159.47 292.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 189.18 292.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 228.90 292.25 Td (Services ) Tj ET Q q 0 0 0 rg BT 265.28 292.25 Td (Inc ) Tj ET Q q 0 0 0 rg BT 280.56 292.25 Td (has ) Tj ET Q q 0 0 0 rg BT 296.40 292.25 Td (pursued ) Tj ET Q q 0 0 0 rg BT 330.56 292.25 Td (a ) Tj ET Q q 0 0 0 rg BT 337.51 292.25 Td (strategy ) Tj ET Q q 0 0 0 rg BT 371.67 292.25 Td (of ) Tj ET Q q 0 0 0 rg BT 382.51 292.25 Td (self-financing, ) Tj ET Q q 0 0 0 rg BT 443.05 292.25 Td (further ) Tj ET Q q 0 0 0 rg BT 472.76 292.25 Td (reducing ) Tj ET Q q 0 0 0 rg BT 510.26 292.25 Td (dependency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 280.25 Td (on ) Tj ET Q q 0 0 0 rg BT 67.64 280.25 Td (intercompany ) Tj ET Q q 0 0 0 rg BT 126.27 280.25 Td (funding ) Tj ET Q q 0 0 0 rg BT 161.02 280.25 Td (and ) Tj ET Q q 0 0 0 rg BT 179.10 280.25 Td (increasing ) Tj ET Q q 0 0 0 rg BT 223.83 280.25 Td (the ) Tj ET Q q 0 0 0 rg BT 239.69 280.25 Td (portion ) Tj ET Q q 0 0 0 rg BT 272.22 280.25 Td (of ) Tj ET Q q 0 0 0 rg BT 284.20 280.25 Td (self-liquidating ) Tj ET Q q 0 0 0 rg BT 348.94 280.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 369.80 280.25 Td (with ) Tj ET Q q 0 0 0 rg BT 391.22 280.25 Td (various ) Tj ET Q q 0 0 0 rg BT 424.30 280.25 Td (securitization ) Tj ET Q q 0 0 0 rg BT 481.81 280.25 Td (transactions. ) Tj ET Q q 0 0 0 rg BT 534.91 280.25 Td (As ) Tj ET Q q 0 0 0 rg BT 549.67 280.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 268.25 Td (September ) Tj ET Q q 0 0 0 rg BT 99.26 268.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 114.26 268.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 139.26 268.25 Td (FFS ) Tj ET Q q 0 0 0 rg BT 158.45 268.25 Td (Inc ) Tj ET Q q 0 0 0 rg BT 173.72 268.25 Td (had ) Tj ET Q q 0 0 0 rg BT 190.66 268.25 Td (the ) Tj ET Q q 0 0 0 rg BT 205.37 268.25 Td (following ) Tj ET Q q 0 0 0 rg BT 246.76 268.25 Td (revolving ) Tj ET Q q 0 0 0 rg BT 287.58 268.25 Td (securitization ) Tj ET Q q 0 0 0 rg BT 343.95 268.25 Td (programs:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 244.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 244.25 Td (revolving ) Tj ET Q q 0 0 0 rg BT 130.66 244.25 Td (securitization ) Tj ET Q q 0 0 0 rg BT 186.87 244.25 Td (program ) Tj ET Q q 0 0 0 rg BT 223.09 244.25 Td (for ) Tj ET Q q 0 0 0 rg BT 237.08 244.25 Td (funding, ) Tj ET Q q 0 0 0 rg BT 273.03 244.25 Td (which ) Tj ET Q q 0 0 0 rg BT 299.81 244.25 Td (was ) Tj ET Q q 0 0 0 rg BT 317.70 244.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 357.79 244.25 Td (up ) Tj ET Q q 0 0 0 rg BT 370.13 244.25 Td (to ) Tj ET Q q 0 0 0 rg BT 380.25 244.25 Td ($400 ) Tj ET Q q 0 0 0 rg BT 402.59 244.25 Td (million ) Tj ET Q q 0 0 0 rg BT 433.82 244.25 Td (in ) Tj ET Q q 0 0 0 rg BT 443.94 244.25 Td (July ) Tj ET Q q 0 0 0 rg BT 462.94 244.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 487.78 244.25 Td (by ) Tj ET Q q 0 0 0 rg BT 500.12 244.25 Td (pledging ) Tj ET Q q 0 0 0 rg BT 537.46 244.25 Td (retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 232.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 126.91 232.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 173.81 232.25 Td (in ) Tj ET Q q 0 0 0 rg BT 183.52 232.25 Td (the ) Tj ET Q q 0 0 0 rg BT 197.67 232.25 Td (United ) Tj ET Q q 0 0 0 rg BT 226.82 232.25 Td (States ) Tj ET Q q 0 0 0 rg BT 252.64 232.25 Td (as ) Tj ET Q q 0 0 0 rg BT 262.90 232.25 Td (collateral. ) Tj ET Q q 0 0 0 rg BT 304.39 232.25 Td (The ) Tj ET Q q 0 0 0 rg BT 321.86 232.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 344.90 232.25 Td (bear ) Tj ET Q q 0 0 0 rg BT 364.04 232.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 395.41 232.25 Td (at ) Tj ET Q q 0 0 0 rg BT 404.56 232.25 Td (a ) Tj ET Q q 0 0 0 rg BT 410.92 232.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 427.84 232.25 Td (per ) Tj ET Q q 0 0 0 rg BT 442.54 232.25 Td (annum ) Tj ET Q q 0 0 0 rg BT 471.69 232.25 Td (equal ) Tj ET Q q 0 0 0 rg BT 495.28 232.25 Td (to ) Tj ET Q q 0 0 0 rg BT 504.98 232.25 Td (the ) Tj ET Q q 0 0 0 rg BT 519.13 232.25 Td (aggregate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 220.25 Td (of ) Tj ET Q q 0 0 0 rg BT 100.71 220.25 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 133.08 220.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 152.13 220.25 Td (a ) Tj ET Q q 0 0 0 rg BT 158.95 220.25 Td (mar) Tj ET Q q 0 0 0 rg BT 174.31 220.25 Td (gin ) Tj ET Q q 0 0 0 rg BT 189.47 220.25 Td (of ) Tj ET Q q 0 0 0 rg BT 200.17 220.25 Td (65 ) Tj ET Q q 0 0 0 rg BT 212.55 220.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 234.93 220.25 Td (points. ) Tj ET Q q 0 0 0 rg BT 263.73 220.25 Td (As ) Tj ET Q q 0 0 0 rg BT 277.22 220.25 Td (of ) Tj ET Q q 0 0 0 rg BT 287.93 220.25 Td (September ) Tj ET Q q 0 0 0 rg BT 333.07 220.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 347.94 220.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 370.32 220.25 Td (total ) Tj ET Q q 0 0 0 rg BT 390.47 220.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 428.39 220.25 Td (net ) Tj ET Q q 0 0 0 rg BT 442.98 220.25 Td (of ) Tj ET Q q 0 0 0 rg BT 453.69 220.25 Td (repayments ) Tj ET Q q 0 0 0 rg BT 502.16 220.25 Td (from ) Tj ET Q q 0 0 0 rg BT 523.97 220.25 Td (the ) Tj ET Q q 0 0 0 rg BT 538.57 220.25 Td (sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 208.25 Td (of ) Tj ET Q q 0 0 0 rg BT 100.48 208.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 137.62 208.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 184.74 208.25 Td (under ) Tj ET Q q 0 0 0 rg BT 209.66 208.25 Td (the ) Tj ET Q q 0 0 0 rg BT 224.03 208.25 Td (program ) Tj ET Q q 0 0 0 rg BT 260.06 208.25 Td (were ) Tj ET Q q 0 0 0 rg BT 281.64 208.25 Td ($400 ) Tj ET Q q 0 0 0 rg BT 303.79 208.25 Td (million ) Tj ET Q q 0 0 0 rg BT 334.83 208.25 Td (\($325 ) Tj ET Q q 0 0 0 rg BT 360.32 208.25 Td (million ) Tj ET Q q 0 0 0 rg BT 391.36 208.25 Td (at ) Tj ET Q q 0 0 0 rg BT 400.73 208.25 Td (December ) Tj ET Q q 0 0 0 rg BT 443.97 208.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 458.62 208.25 Td (2017\). ) Tj ET Q q 0 0 0 rg BT 486.45 208.25 Td (The ) Tj ET Q q 0 0 0 rg BT 504.15 208.25 Td (securitization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 196.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 134.14 196.25 Td (requires ) Tj ET Q q 0 0 0 rg BT 168.85 196.25 Td (the ) Tj ET Q q 0 0 0 rg BT 183.56 196.25 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 236.59 196.25 Td (of ) Tj ET Q q 0 0 0 rg BT 247.42 196.25 Td (an ) Tj ET Q q 0 0 0 rg BT 259.36 196.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 291.29 196.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 308.78 196.25 Td (cap.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 172.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 172.25 Td (revolving ) Tj ET Q q 0 0 0 rg BT 130.96 172.25 Td (securitization ) Tj ET Q q 0 0 0 rg BT 187.46 172.25 Td (program ) Tj ET Q q 0 0 0 rg BT 223.97 172.25 Td (for ) Tj ET Q q 0 0 0 rg BT 238.27 172.25 Td (funding ) Tj ET Q q 0 0 0 rg BT 272.01 172.25 Td (, ) Tj ET Q q 0 0 0 rg BT 277.14 172.25 Td (which ) Tj ET Q q 0 0 0 rg BT 304.22 172.25 Td (was ) Tj ET Q q 0 0 0 rg BT 322.40 172.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 362.79 172.25 Td (up ) Tj ET Q q 0 0 0 rg BT 375.42 172.25 Td (to ) Tj ET Q q 0 0 0 rg BT 385.84 172.25 Td ($250 ) Tj ET Q q 0 0 0 rg BT 408.47 172.25 Td (million ) Tj ET Q q 0 0 0 rg BT 440.00 172.25 Td (in ) Tj ET Q q 0 0 0 rg BT 450.41 172.25 Td (October ) Tj ET Q q 0 0 0 rg BT 485.25 172.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 510.39 172.25 Td (by ) Tj ET Q q 0 0 0 rg BT 523.02 172.25 Td (pledging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 160.25 Td (leasing ) Tj ET Q q 0 0 0 rg BT 120.79 160.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 158.23 160.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 205.66 160.25 Td (in ) Tj ET Q q 0 0 0 rg BT 215.90 160.25 Td (the ) Tj ET Q q 0 0 0 rg BT 230.58 160.25 Td (United ) Tj ET Q q 0 0 0 rg BT 260.25 160.25 Td (States ) Tj ET Q q 0 0 0 rg BT 286.60 160.25 Td (as ) Tj ET Q q 0 0 0 rg BT 297.39 160.25 Td (collateral. ) Tj ET Q q 0 0 0 rg BT 339.37 160.25 Td (The ) Tj ET Q q 0 0 0 rg BT 357.38 160.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 380.95 160.25 Td (bear ) Tj ET Q q 0 0 0 rg BT 400.62 160.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 432.51 160.25 Td (at ) Tj ET Q q 0 0 0 rg BT 442.19 160.25 Td (a ) Tj ET Q q 0 0 0 rg BT 449.09 160.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 466.54 160.25 Td (per ) Tj ET Q q 0 0 0 rg BT 481.77 160.25 Td (annum ) Tj ET Q q 0 0 0 rg BT 511.44 160.25 Td (equal ) Tj ET Q q 0 0 0 rg BT 535.56 160.25 Td (to ) Tj ET Q q 0 0 0 rg BT 545.80 160.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 148.25 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 130.87 148.25 Td (of ) Tj ET Q q 0 0 0 rg BT 141.21 148.25 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 173.21 148.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 191.89 148.25 Td (a ) Tj ET Q q 0 0 0 rg BT 198.33 148.25 Td (mar) Tj ET Q q 0 0 0 rg BT 213.70 148.25 Td (gin ) Tj ET Q q 0 0 0 rg BT 228.49 148.25 Td (of ) Tj ET Q q 0 0 0 rg BT 238.82 148.25 Td (65 ) Tj ET Q q 0 0 0 rg BT 250.83 148.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 272.84 148.25 Td (points. ) Tj ET Q q 0 0 0 rg BT 301.35 148.25 Td (As ) Tj ET Q q 0 0 0 rg BT 314.47 148.25 Td (of ) Tj ET Q q 0 0 0 rg BT 324.81 148.25 Td (September ) Tj ET Q q 0 0 0 rg BT 369.58 148.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 384.08 148.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 408.59 148.25 Td (total ) Tj ET Q q 0 0 0 rg BT 428.37 148.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 465.91 148.25 Td (net ) Tj ET Q q 0 0 0 rg BT 480.14 148.25 Td (of ) Tj ET Q q 0 0 0 rg BT 490.48 148.25 Td (repayments ) Tj ET Q q 0 0 0 rg BT 538.58 148.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 136.25 Td (the ) Tj ET Q q 0 0 0 rg BT 105.75 136.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 128.72 136.25 Td (of ) Tj ET Q q 0 0 0 rg BT 140.58 136.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 179.09 136.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 227.59 136.25 Td (under ) Tj ET Q q 0 0 0 rg BT 253.89 136.25 Td (the ) Tj ET Q q 0 0 0 rg BT 269.63 136.25 Td (program ) Tj ET Q q 0 0 0 rg BT 307.04 136.25 Td (were ) Tj ET Q q 0 0 0 rg BT 330.00 136.25 Td ($216 ) Tj ET Q q 0 0 0 rg BT 353.53 136.25 Td (million ) Tj ET Q q 0 0 0 rg BT 385.95 136.25 Td (\($222 ) Tj ET Q q 0 0 0 rg BT 412.81 136.25 Td (million ) Tj ET Q q 0 0 0 rg BT 445.23 136.25 Td (at ) Tj ET Q q 0 0 0 rg BT 455.98 136.25 Td (December ) Tj ET Q q 0 0 0 rg BT 500.60 136.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 516.63 136.25 Td (2017\).The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 124.25 Td (securitization ) Tj ET Q q 0 0 0 rg BT 146.37 124.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 190.51 124.25 Td (requires ) Tj ET Q q 0 0 0 rg BT 225.21 124.25 Td (the ) Tj ET Q q 0 0 0 rg BT 239.93 124.25 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 292.96 124.25 Td (of ) Tj ET Q q 0 0 0 rg BT 303.79 124.25 Td (an ) Tj ET Q q 0 0 0 rg BT 315.73 124.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 347.66 124.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 365.15 124.25 Td (cap.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 100.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 100.25 Td (revolving ) Tj ET Q q 0 0 0 rg BT 130.18 100.25 Td (securitization ) Tj ET Q q 0 0 0 rg BT 185.89 100.25 Td (program ) Tj ET Q q 0 0 0 rg BT 221.62 100.25 Td (for ) Tj ET Q q 0 0 0 rg BT 235.13 100.25 Td (funding ) Tj ET Q q 0 0 0 rg BT 268.09 100.25 Td (of ) Tj ET Q q 0 0 0 rg BT 278.27 100.25 Td (up ) Tj ET Q q 0 0 0 rg BT 290.12 100.25 Td (to ) Tj ET Q q 0 0 0 rg BT 299.75 100.25 Td ($135 ) Tj ET Q q 0 0 0 rg BT 321.60 100.25 Td (million ) Tj ET Q q 0 0 0 rg BT 352.34 100.25 Td (by ) Tj ET Q q 0 0 0 rg BT 364.19 100.25 Td (pledging ) Tj ET Q q 0 0 0 rg BT 401.04 100.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 425.65 100.25 Td (lines ) Tj ET Q q 0 0 0 rg BT 446.39 100.25 Td (to ) Tj ET Q q 0 0 0 rg BT 456.02 100.25 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 485.08 100.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 527.48 100.25 Td (secured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 88.25 Td (by ) Tj ET Q q 0 0 0 rg BT 102.61 88.25 Td (personal ) Tj ET Q q 0 0 0 rg BT 139.10 88.25 Td (vehicle ) Tj ET Q q 0 0 0 rg BT 170.58 88.25 Td (collections ) Tj ET Q q 0 0 0 rg BT 216.51 88.25 Td (and ) Tj ET Q q 0 0 0 rg BT 233.56 88.25 Td (personal ) Tj ET Q q 0 0 0 rg BT 270.04 88.25 Td (guarantees ) Tj ET Q q 0 0 0 rg BT 315.41 88.25 Td (in ) Tj ET Q q 0 0 0 rg BT 325.80 88.25 Td (the ) Tj ET Q q 0 0 0 rg BT 340.62 88.25 Td (United ) Tj ET Q q 0 0 0 rg BT 370.45 88.25 Td (States ) Tj ET Q q 0 0 0 rg BT 396.95 88.25 Td (as ) Tj ET Q q 0 0 0 rg BT 407.89 88.25 Td (collateral. ) Tj ET Q q 0 0 0 rg BT 450.00 88.25 Td (The ) Tj ET Q q 0 0 0 rg BT 468.16 88.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 491.88 88.25 Td (bear ) Tj ET Q q 0 0 0 rg BT 511.70 88.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 543.74 88.25 Td (at ) Tj ET Q q 0 0 0 rg BT 553.57 88.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 76.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 107.98 76.25 Td (per ) Tj ET Q q 0 0 0 rg BT 123.74 76.25 Td (annum ) Tj ET Q q 0 0 0 rg BT 153.95 76.25 Td (equal ) Tj ET Q q 0 0 0 rg BT 178.59 76.25 Td (to ) Tj ET Q q 0 0 0 rg BT 189.37 76.25 Td (the ) Tj ET Q q 0 0 0 rg BT 204.57 76.25 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 246.43 76.25 Td (of ) Tj ET Q q 0 0 0 rg BT 257.75 76.25 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 290.74 76.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 310.41 76.25 Td (a ) Tj ET Q q 0 0 0 rg BT 317.84 76.25 Td (mar) Tj ET Q q 0 0 0 rg BT 333.20 76.25 Td (gin ) Tj ET Q q 0 0 0 rg BT 348.97 76.25 Td (of ) Tj ET Q q 0 0 0 rg BT 360.29 76.25 Td (120 ) Tj ET Q q 0 0 0 rg BT 378.29 76.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 401.28 76.25 Td (points. ) Tj ET Q q 0 0 0 rg BT 430.56 76.25 Td (As ) Tj ET Q q 0 0 0 rg BT 444.66 76.25 Td (of ) Tj ET Q q 0 0 0 rg BT 455.99 76.25 Td (September ) Tj ET Q q 0 0 0 rg BT 501.74 76.25 Td (30, ) Tj ET Q q 0 0 0 rg BT 517.23 76.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 540.23 76.25 Td (total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 64.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 127.72 64.25 Td (net ) Tj ET Q q 0 0 0 rg BT 142.11 64.25 Td (of ) Tj ET Q q 0 0 0 rg BT 152.62 64.25 Td (repayments ) Tj ET Q q 0 0 0 rg BT 200.89 64.25 Td (from ) Tj ET Q q 0 0 0 rg BT 222.51 64.25 Td (the ) Tj ET Q q 0 0 0 rg BT 236.91 64.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 258.53 64.25 Td (of ) Tj ET Q q 0 0 0 rg BT 269.04 64.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 306.19 64.25 Td (receivables ) Tj ET Q q 0 0 0 rg BT 353.34 64.25 Td (under ) Tj ET Q q 0 0 0 rg BT 378.29 64.25 Td (the ) Tj ET Q q 0 0 0 rg BT 392.69 64.25 Td (program ) Tj ET Q q 0 0 0 rg BT 428.74 64.25 Td (were ) Tj ET Q q 0 0 0 rg BT 450.35 64.25 Td ($135 ) Tj ET Q q 0 0 0 rg BT 472.53 64.25 Td (million ) Tj ET Q q 0 0 0 rg BT 503.60 64.25 Td (\($120 ) Tj ET Q q 0 0 0 rg BT 529.11 64.25 Td (million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 52.25 Td (at ) Tj ET Q q 0 0 0 rg BT 99.72 52.25 Td (December ) Tj ET Q q 0 0 0 rg BT 143.30 52.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 158.30 52.25 Td (2017\). ) Tj ET Q q 0 0 0 rg BT 186.45 52.25 Td (The ) Tj ET Q q 0 0 0 rg BT 204.50 52.25 Td (securitization ) Tj ET Q q 0 0 0 rg BT 260.86 52.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 305.00 52.25 Td (does ) Tj ET Q q 0 0 0 rg BT 325.83 52.25 Td (not ) Tj ET Q q 0 0 0 rg BT 341.11 52.25 Td (require ) Tj ET Q q 0 0 0 rg BT 371.93 52.25 Td (an ) Tj ET Q q 0 0 0 rg BT 383.87 52.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 415.80 52.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 433.29 52.25 Td (cap.) Tj ET Q endstream endobj 113 0 obj <> endobj 114 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 701.10 Td (The ) Tj ET Q q 0 0 0 rg BT 106.93 701.10 Td (funding ) Tj ET Q q 0 0 0 rg BT 139.41 701.10 Td (limits ) Tj ET Q q 0 0 0 rg BT 163.58 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 173.29 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 186.88 701.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 226.59 701.10 Td (securitization ) Tj ET Q q 0 0 0 rg BT 281.83 701.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 320.98 701.10 Td (have ) Tj ET Q q 0 0 0 rg BT 341.24 701.10 Td (been ) Tj ET Q q 0 0 0 rg BT 361.49 701.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 400.63 701.10 Td (since ) Tj ET Q q 0 0 0 rg BT 422.55 701.10 Td (inception ) Tj ET Q q 0 0 0 rg BT 461.15 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 470.85 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 484.45 701.10 Td (related ) Tj ET Q q 0 0 0 rg BT 513.03 701.10 Td (receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 689.10 Td (portfolios ) Tj ET Q q 0 0 0 rg BT 95.39 689.10 Td (have ) Tj ET Q q 0 0 0 rg BT 116.76 689.10 Td (increased.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 665.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 112.00 665.10 Td (collected ) Tj ET Q q 0 0 0 rg BT 150.09 665.10 Td (from ) Tj ET Q q 0 0 0 rg BT 171.52 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.74 665.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 228.84 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 239.16 665.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 286.13 665.10 Td (or ) Tj ET Q q 0 0 0 rg BT 296.46 665.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 317.35 665.10 Td (of ) Tj ET Q q 0 0 0 rg BT 327.68 665.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 352.44 665.10 Td (pledged ) Tj ET Q q 0 0 0 rg BT 386.09 665.10 Td (as ) Tj ET Q q 0 0 0 rg BT 396.42 665.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 435.62 665.10 Td (is ) Tj ET Q q 0 0 0 rg BT 444.28 665.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 474.61 665.10 Td (to ) Tj ET Q q 0 0 0 rg BT 484.39 665.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 513.59 665.10 Td (restrictions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 653.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 94.66 653.10 Td (its ) Tj ET Q q 0 0 0 rg BT 106.46 653.10 Td (use ) Tj ET Q q 0 0 0 rg BT 122.13 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 138.92 653.10 Td (is ) Tj ET Q q 0 0 0 rg BT 147.93 653.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 187.49 653.10 Td (applied ) Tj ET Q q 0 0 0 rg BT 219.27 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 229.40 653.10 Td (repay ) Tj ET Q q 0 0 0 rg BT 253.95 653.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 291.84 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 308.62 653.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 340.40 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 351.08 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 365.64 653.10 Td (related ) Tj ET Q q 0 0 0 rg BT 395.19 653.10 Td (funding. ) Tj ET Q q 0 0 0 rg BT 431.14 653.10 Td (Such ) Tj ET Q q 0 0 0 rg BT 453.49 653.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 473.60 653.10 Td (amounted ) Tj ET Q q 0 0 0 rg BT 515.38 653.10 Td (to ) Tj ET Q q 0 0 0 rg BT 525.51 653.10 Td (36,026 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 641.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 92.61 641.10 Td (at ) Tj ET Q q 0 0 0 rg BT 102.33 641.10 Td (September ) Tj ET Q q 0 0 0 rg BT 147.59 641.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 162.59 641.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 185.09 641.10 Td (\(28,230 ) Tj ET Q q 0 0 0 rg BT 223.42 641.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 262.03 641.10 Td (at ) Tj ET Q q 0 0 0 rg BT 271.74 641.10 Td (December ) Tj ET Q q 0 0 0 rg BT 315.33 641.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 330.33 641.10 Td (2017\).) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 617.10 Td (Borrowings ) Tj ET Q q 0 0 0 rg BT 104.85 617.10 Td (from ) Tj ET Q q 0 0 0 rg BT 127.35 617.10 Td (banks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 593.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 593.10 Td (Borrowings ) Tj ET Q q 0 0 0 rg BT 139.59 593.10 Td (from ) Tj ET Q q 0 0 0 rg BT 161.40 593.10 Td (banks ) Tj ET Q q 0 0 0 rg BT 187.11 593.10 Td (at ) Tj ET Q q 0 0 0 rg BT 196.70 593.10 Td (September30, ) Tj ET Q q 0 0 0 rg BT 256.83 593.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 279.20 593.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 309.35 593.10 Td (relate ) Tj ET Q q 0 0 0 rg BT 333.92 593.10 Td (to ) Tj ET Q q 0 0 0 rg BT 344.07 593.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 381.43 593.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 421.01 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 431.72 593.10 Td (FFS ) Tj ET Q q 0 0 0 rg BT 450.77 593.10 Td (Inc ) Tj ET Q q 0 0 0 rg BT 465.91 593.10 Td (to ) Tj ET Q q 0 0 0 rg BT 476.06 593.10 Td (support ) Tj ET Q q 0 0 0 rg BT 508.44 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 523.03 593.10 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 579.90 Td (services ) Tj ET Q q 0 0 0 rg BT 88.80 579.90 Td (operations, ) Tj ET Q q 0 0 0 rg BT 135.56 579.90 Td (and ) Tj ET Q q 0 0 0 rg BT 152.59 579.90 Td (in ) Tj ET Q q 0 0 0 rg BT 162.97 579.90 Td (particular ) Tj ET Q q 0 0 0 rg BT 203.88 579.90 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 215.91 579.90 Td (30,490) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 248.41 579.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.27 579.90 Td (thousand ) Tj ET Q q 0 0 0 rg BT 289.98 579.90 Td (\(29,189 ) Tj ET Q q 0 0 0 rg BT 328.41 579.90 Td (thousand ) Tj ET Q q 0 0 0 rg BT 367.11 579.90 Td (at ) Tj ET Q q 0 0 0 rg BT 376.93 579.90 Td (December31, ) Tj ET Q q 0 0 0 rg BT 435.61 579.90 Td (2017\) ) Tj ET Q q 0 0 0 rg BT 461.54 579.90 Td (relating ) Tj ET Q q 0 0 0 rg BT 494.67 579.90 Td (to ) Tj ET Q q 0 0 0 rg BT 505.05 579.90 Td (a ) Tj ET Q q 0 0 0 rg BT 512.09 579.90 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 532.47 579.90 Td (Dollar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 567.90 Td (denominated ) Tj ET Q q 0 0 0 rg BT 108.40 567.90 Td (credit ) Tj ET Q q 0 0 0 rg BT 133.91 567.90 Td (facility ) Tj ET Q q 0 0 0 rg BT 164.98 567.90 Td (for ) Tj ET Q q 0 0 0 rg BT 179.39 567.90 Td (up ) Tj ET Q q 0 0 0 rg BT 192.13 567.90 Td (to ) Tj ET Q q 0 0 0 rg BT 202.66 567.90 Td ($50 ) Tj ET Q q 0 0 0 rg BT 220.41 567.90 Td (million ) Tj ET Q q 0 0 0 rg BT 252.05 567.90 Td (\(drawn ) Tj ET Q q 0 0 0 rg BT 283.12 567.90 Td (down ) Tj ET Q q 0 0 0 rg BT 308.09 567.90 Td (for ) Tj ET Q q 0 0 0 rg BT 322.50 567.90 Td ($35 ) Tj ET Q q 0 0 0 rg BT 340.24 567.90 Td (million ) Tj ET Q q 0 0 0 rg BT 371.88 567.90 Td (at ) Tj ET Q q 0 0 0 rg BT 381.85 567.90 Td (September ) Tj ET Q q 0 0 0 rg BT 427.36 567.90 Td (30, ) Tj ET Q q 0 0 0 rg BT 442.61 567.90 Td (2018\) ) Tj ET Q q 0 0 0 rg BT 468.69 567.90 Td (and ) Tj ET Q q 0 0 0 rg BT 485.87 567.90 Td (bearing ) Tj ET Q q 0 0 0 rg BT 518.61 567.90 Td (interest ) Tj ET Q q 0 0 0 rg BT 550.79 567.90 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 555.90 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 86.37 555.90 Td (plus ) Tj ET Q q 0 0 0 rg BT 105.41 555.90 Td (a ) Tj ET Q q 0 0 0 rg BT 112.22 555.90 Td (range ) Tj ET Q q 0 0 0 rg BT 136.80 555.90 Td (of ) Tj ET Q q 0 0 0 rg BT 147.50 555.90 Td (between ) Tj ET Q q 0 0 0 rg BT 183.18 555.90 Td (65 ) Tj ET Q q 0 0 0 rg BT 195.56 555.90 Td (and ) Tj ET Q q 0 0 0 rg BT 212.36 555.90 Td (75 ) Tj ET Q q 0 0 0 rg BT 224.73 555.90 Td (basis ) Tj ET Q q 0 0 0 rg BT 247.11 555.90 Td (points; ) Tj ET Q q 0 0 0 rg BT 276.70 555.90 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 291.29 555.90 Td (other ) Tj ET Q q 0 0 0 rg BT 314.21 555.90 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 362.13 555.90 Td (from ) Tj ET Q q 0 0 0 rg BT 383.94 555.90 Td (banks ) Tj ET Q q 0 0 0 rg BT 409.64 555.90 Td (of ) Tj ET Q q 0 0 0 rg BT 420.34 555.90 Td (6,859 ) Tj ET Q q 0 0 0 rg BT 450.21 555.90 Td (thousand ) Tj ET Q q 0 0 0 rg BT 488.69 555.90 Td (\(8,870 ) Tj ET Q q 0 0 0 rg BT 521.89 555.90 Td (thousand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 543.90 Td (at ) Tj ET Q q 0 0 0 rg BT 63.72 543.90 Td (December31, ) Tj ET Q q 0 0 0 rg BT 122.30 543.90 Td (2017\) ) Tj ET Q q 0 0 0 rg BT 148.13 543.90 Td (relating ) Tj ET Q q 0 0 0 rg BT 181.17 543.90 Td (to ) Tj ET Q q 0 0 0 rg BT 191.45 543.90 Td (various ) Tj ET Q q 0 0 0 rg BT 223.39 543.90 Td (short ) Tj ET Q q 0 0 0 rg BT 245.89 543.90 Td (and ) Tj ET Q q 0 0 0 rg BT 262.83 543.90 Td (medium ) Tj ET Q q 0 0 0 rg BT 298.10 543.90 Td (term ) Tj ET Q q 0 0 0 rg BT 318.93 543.90 Td (credit ) Tj ET Q q 0 0 0 rg BT 344.19 543.90 Td (facilities.) 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 435.90 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 435.90 Td (In ) Tj ET Q q 0 0 0 rg BT 101.64 435.90 Td (December ) Tj ET Q q 0 0 0 rg BT 146.04 435.90 Td (2015 ) Tj ET Q q 0 0 0 rg BT 169.36 435.90 Td (the ) Tj ET Q q 0 0 0 rg BT 184.89 435.90 Td (Bridge ) Tj ET Q q 0 0 0 rg BT 215.42 435.90 Td (Loan ) Tj ET Q q 0 0 0 rg BT 239.28 435.90 Td (and ) Tj ET Q q 0 0 0 rg BT 256.79 435.90 Td (T) Tj ET Q q 0 0 0 rg BT 262.20 435.90 Td (erm ) Tj ET Q q 0 0 0 rg BT 281.07 435.90 Td (Loan ) Tj ET Q q 0 0 0 rg BT 304.93 435.90 Td (were ) Tj ET Q q 0 0 0 rg BT 327.67 435.90 Td (fully ) Tj ET Q q 0 0 0 rg BT 349.87 435.90 Td (drawn ) Tj ET Q q 0 0 0 rg BT 378.18 435.90 Td (down ) Tj ET Q q 0 0 0 rg BT 403.71 435.90 Td (for ) Tj ET Q q 0 0 0 rg BT 418.69 435.90 Td (the ) Tj ET Q q 0 0 0 rg BT 434.22 435.90 Td (purposes ) Tj ET Q q 0 0 0 rg BT 473.08 435.90 Td (of ) Tj ET Q q 0 0 0 rg BT 484.73 435.90 Td (repaying ) Tj ET Q q 0 0 0 rg BT 523.03 435.90 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 423.90 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 93.61 423.90 Td (with ) Tj ET Q q 0 0 0 rg BT 113.79 423.90 Td (FCA, ) Tj ET Q q 0 0 0 rg BT 138.14 423.90 Td (including ) Tj ET Q q 0 0 0 rg BT 178.31 423.90 Td (the ) Tj ET Q q 0 0 0 rg BT 192.93 423.90 Td (FCA) Tj ET Q q 0 0 0 rg BT 211.83 423.90 Td ( ) Tj ET Q q 0 0 0 rg BT 214.22 423.90 Td (Note ) Tj ET Q q 0 0 0 rg BT 236.06 423.90 Td (that ) Tj ET Q q 0 0 0 rg BT 253.45 423.90 Td (originated ) Tj ET Q q 0 0 0 rg BT 296.39 423.90 Td (as ) Tj ET Q q 0 0 0 rg BT 307.12 423.90 Td (a ) Tj ET Q q 0 0 0 rg BT 313.96 423.90 Td (result ) Tj ET Q q 0 0 0 rg BT 338.57 423.90 Td (of ) Tj ET Q q 0 0 0 rg BT 349.30 423.90 Td (the ) Tj ET Q q 0 0 0 rg BT 363.91 423.90 Td (Restructuring. ) Tj ET Q q 0 0 0 rg BT 423.24 423.90 Td (For ) Tj ET Q q 0 0 0 rg BT 439.53 423.90 Td (more ) Tj ET Q q 0 0 0 rg BT 462.48 423.90 Td (information ) Tj ET Q q 0 0 0 rg BT 512.09 423.90 Td (on ) Tj ET Q q 0 0 0 rg BT 524.48 423.90 Td (the ) Tj ET Q q 0 0 0 rg BT 539.10 423.90 Td (FCA) Tj ET Q q 0 0 0 rg BT 558.00 423.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 411.90 Td (Note ) Tj ET Q q 0 0 0 rg BT 75.81 411.90 Td (and ) Tj ET Q q 0 0 0 rg BT 92.62 411.90 Td (the ) Tj ET Q q 0 0 0 rg BT 107.21 411.90 Td (Restructuring ) Tj ET Q q 0 0 0 rg BT 164.01 411.90 Td (please ) Tj ET Q q 0 0 0 rg BT 191.37 411.90 Td (refer ) Tj ET Q q 0 0 0 rg BT 212.60 411.90 Td (to ) Tj ET Q q 0 0 0 rg BT 222.75 411.90 Td (the ) Tj ET Q q 0 0 0 rg BT 237.34 411.90 Td (annual ) Tj ET Q q 0 0 0 rg BT 266.37 411.90 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 319.28 411.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 356.63 411.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 401.21 411.90 Td (at ) Tj ET Q q 0 0 0 rg BT 410.80 411.90 Td (and ) Tj ET Q q 0 0 0 rg BT 427.61 411.90 Td (for ) Tj ET Q q 0 0 0 rg BT 441.64 411.90 Td (the ) Tj ET Q q 0 0 0 rg BT 456.23 411.90 Td (year ) Tj ET Q q 0 0 0 rg BT 475.80 411.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 502.05 411.90 Td (December ) Tj ET Q q 0 0 0 rg BT 545.51 411.90 Td (31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 399.90 Td (2017. ) Tj ET Q q 0 0 0 rg BT 78.59 399.90 Td (In ) Tj ET Q q 0 0 0 rg BT 89.02 399.90 Td (March ) Tj ET Q q 0 0 0 rg BT 117.21 399.90 Td (2016, ) Tj ET Q q 0 0 0 rg BT 141.81 399.90 Td (the ) Tj ET Q q 0 0 0 rg BT 156.12 399.90 Td (Bridge ) Tj ET Q q 0 0 0 rg BT 185.43 399.90 Td (Loan ) Tj ET Q q 0 0 0 rg BT 208.07 399.90 Td (was ) Tj ET Q q 0 0 0 rg BT 225.72 399.90 Td (fully ) Tj ET Q q 0 0 0 rg BT 246.70 399.90 Td (repaid, ) Tj ET Q q 0 0 0 rg BT 276.28 399.90 Td (primarily ) Tj ET Q q 0 0 0 rg BT 315.59 399.90 Td (using ) Tj ET Q q 0 0 0 rg BT 339.35 399.90 Td (the ) Tj ET Q q 0 0 0 rg BT 353.66 399.90 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 391.29 399.90 Td (from ) Tj ET Q q 0 0 0 rg BT 412.83 399.90 Td (the ) Tj ET Q q 0 0 0 rg BT 427.14 399.90 Td (2023 ) Tj ET Q q 0 0 0 rg BT 449.23 399.90 Td (Bond ) Tj ET Q q 0 0 0 rg BT 473.00 399.90 Td (\(see ) Tj ET Q q 0 0 0 rg BT 491.19 399.90 Td (Bonds ) Tj ET Q q 0 0 0 rg BT 527.73 399.90 Td (below\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 387.90 Td (In ) Tj ET Q q 0 0 0 rg BT 64.79 387.90 Td (2016 ) Tj ET Q q 0 0 0 rg BT 87.24 387.90 Td (and ) Tj ET Q q 0 0 0 rg BT 104.13 387.90 Td (2017 ) Tj ET Q q 0 0 0 rg BT 126.59 387.90 Td (the ) Tj ET Q q 0 0 0 rg BT 141.26 387.90 Td (Company ) Tj ET Q q 0 0 0 rg BT 182.60 387.90 Td (made ) Tj ET Q q 0 0 0 rg BT 206.71 387.90 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 249.15 387.90 Td (payments ) Tj ET Q q 0 0 0 rg BT 289.93 387.90 Td (and ) Tj ET Q q 0 0 0 rg BT 306.83 387.90 Td (voluntary ) Tj ET Q q 0 0 0 rg BT 347.61 387.90 Td (prepayments, ) Tj ET Q q 0 0 0 rg BT 403.66 387.90 Td (funded ) Tj ET Q q 0 0 0 rg BT 433.88 387.90 Td (in ) Tj ET Q q 0 0 0 rg BT 444.11 387.90 Td (part ) Tj ET Q q 0 0 0 rg BT 462.12 387.90 Td (with ) Tj ET Q q 0 0 0 rg BT 482.35 387.90 Td (the ) Tj ET Q q 0 0 0 rg BT 497.02 387.90 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 535.01 387.90 Td (of ) Tj ET Q q 0 0 0 rg BT 545.80 387.90 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 375.90 Td (2021 ) Tj ET Q q 0 0 0 rg BT 76.50 375.90 Td (Bond, ) Tj ET Q q 0 0 0 rg BT 103.17 375.90 Td (described ) Tj ET Q q 0 0 0 rg BT 143.99 375.90 Td (under ) Tj ET Q q 0 0 0 rg BT 169.25 375.90 Td (Bonds ) Tj ET Q q 0 0 0 rg BT 206.19 375.90 Td (below) Tj ET Q q 0 0 0 rg BT 229.98 375.90 Td (, ) Tj ET Q q 0 0 0 rg BT 234.98 375.90 Td (to ) Tj ET Q q 0 0 0 rg BT 245.26 375.90 Td (fully ) Tj ET Q q 0 0 0 rg BT 266.65 375.90 Td (repay ) Tj ET Q q 0 0 0 rg BT 291.35 375.90 Td (the ) Tj ET Q q 0 0 0 rg BT 305.89 375.90 Td (T) Tj ET Q q 0 0 0 rg BT 311.30 375.90 Td (erm ) Tj ET Q q 0 0 0 rg BT 329.35 375.90 Td (Loan.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 351.90 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 351.90 Td (At ) Tj ET Q q 0 0 0 rg BT 102.17 351.90 Td (September ) Tj ET Q q 0 0 0 rg BT 147.11 351.90 Td (30, ) Tj ET Q q 0 0 0 rg BT 161.78 351.90 Td (2018 ) Tj ET Q q 0 0 0 rg BT 183.95 351.90 Td (and ) Tj ET Q q 0 0 0 rg BT 200.56 351.90 Td (at ) Tj ET Q q 0 0 0 rg BT 209.95 351.90 Td (December ) Tj ET Q q 0 0 0 rg BT 253.21 351.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 267.88 351.90 Td (2017 ) Tj ET Q q 0 0 0 rg BT 290.05 351.90 Td (the ) Tj ET Q q 0 0 0 rg BT 304.44 351.90 Td (RCF ) Tj ET Q q 0 0 0 rg BT 325.51 351.90 Td (was ) Tj ET Q q 0 0 0 rg BT 343.24 351.90 Td (undrawn. ) Tj ET Q q 0 0 0 rg BT 382.90 351.90 Td (Proceeds ) Tj ET Q q 0 0 0 rg BT 421.17 351.90 Td (of ) Tj ET Q q 0 0 0 rg BT 431.67 351.90 Td (the ) Tj ET Q q 0 0 0 rg BT 446.06 351.90 Td (RCF ) Tj ET Q q 0 0 0 rg BT 467.13 351.90 Td (may ) Tj ET Q q 0 0 0 rg BT 486.52 351.90 Td (be ) Tj ET Q q 0 0 0 rg BT 498.13 351.90 Td (used ) Tj ET Q q 0 0 0 rg BT 518.63 351.90 Td (from ) Tj ET Q q 0 0 0 rg BT 540.24 351.90 Td (time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 339.90 Td (to ) Tj ET Q q 0 0 0 rg BT 64.33 339.90 Td (time ) Tj ET Q q 0 0 0 rg BT 84.65 339.90 Td (for ) Tj ET Q q 0 0 0 rg BT 98.86 339.90 Td (general ) Tj ET Q q 0 0 0 rg BT 130.83 339.90 Td (corporate ) Tj ET Q q 0 0 0 rg BT 171.13 339.90 Td (and ) Tj ET Q q 0 0 0 rg BT 188.12 339.90 Td (working ) Tj ET Q q 0 0 0 rg BT 223.99 339.90 Td (capital ) Tj ET Q q 0 0 0 rg BT 253.19 339.90 Td (purposes ) Tj ET Q q 0 0 0 rg BT 291.29 339.90 Td (of ) Tj ET Q q 0 0 0 rg BT 302.17 339.90 Td (the ) Tj ET Q q 0 0 0 rg BT 316.93 339.90 Td (Group. ) Tj ET Q q 0 0 0 rg BT 347.35 339.90 Td (The ) Tj ET Q q 0 0 0 rg BT 365.44 339.90 Td (RCF ) Tj ET Q q 0 0 0 rg BT 386.89 339.90 Td (has ) Tj ET Q q 0 0 0 rg BT 402.77 339.90 Td (a ) Tj ET Q q 0 0 0 rg BT 409.76 339.90 Td (maturity ) Tj ET Q q 0 0 0 rg BT 446.19 339.90 Td (of ) Tj ET Q q 0 0 0 rg BT 457.06 339.90 Td (five ) Tj ET Q q 0 0 0 rg BT 475.16 339.90 Td (years ) Tj ET Q q 0 0 0 rg BT 498.81 339.90 Td (from ) Tj ET Q q 0 0 0 rg BT 520.79 339.90 Td (inception ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 327.90 Td (of ) Tj ET Q q 0 0 0 rg BT 64.83 327.90 Td (the ) Tj ET Q q 0 0 0 rg BT 79.55 327.90 Td (Facility) Tj ET Q q 0 0 0 rg BT 109.45 327.90 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 54.00 303.90 Td (Other ) Tj ET Q q 0 0 0 rg BT 80.39 303.90 Td (debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 279.90 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 279.90 Td (Other ) Tj ET Q q 0 0 0 rg BT 115.27 279.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 134.99 279.90 Td (mainly ) Tj ET Q q 0 0 0 rg BT 165.26 279.90 Td (relates ) Tj ET Q q 0 0 0 rg BT 193.85 279.90 Td (to ) Tj ET Q q 0 0 0 rg BT 204.13 279.90 Td (funding ) Tj ET Q q 0 0 0 rg BT 237.74 279.90 Td (for ) Tj ET Q q 0 0 0 rg BT 251.90 279.90 Td (operating ) Tj ET Q q 0 0 0 rg BT 292.16 279.90 Td (activities ) Tj ET Q q 0 0 0 rg BT 330.76 279.90 Td (of ) Tj ET Q q 0 0 0 rg BT 341.59 279.90 Td (the ) Tj ET Q q 0 0 0 rg BT 356.31 279.90 Td (Group.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 255.90 Td (24. OTHER LIABILITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 231.90 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 231.90 Td (An ) Tj ET Q q 0 0 0 rg BT 104.72 231.90 Td (analysis ) Tj ET Q q 0 0 0 rg BT 139.44 231.90 Td (of ) Tj ET Q q 0 0 0 rg BT 150.27 231.90 Td (other ) Tj ET Q q 0 0 0 rg BT 173.32 231.90 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 213.03 231.90 Td (is ) Tj ET Q q 0 0 0 rg BT 222.20 231.90 Td (as ) Tj ET Q q 0 0 0 rg BT 233.03 231.90 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 173.40 340.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 173.40 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 173.40 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 173.40 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 145.40 340.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 145.40 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 145.40 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 145.40 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 117.40 340.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 117.40 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 117.40 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 117.40 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 89.40 340.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 89.40 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 89.40 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 89.40 80.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 186.39999999999998 m 473.5 186.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 186.39999999999998 m 557.5 186.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 186.39999999999998 m 473.5 186.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 186.39999999999998 m 557.5 186.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 89.39999999999998 m 473.5 89.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 76.39999999999998 m 473.5 76.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 74.39999999999998 m 473.5 74.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 89.39999999999998 m 557.5 89.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 76.39999999999998 m 557.5 76.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 74.39999999999998 m 557.5 74.39999999999998 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.70 199.85 Td (At September) Tj ET Q q 0 0 0 rg BT 452.85 199.85 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.00 190.85 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.95 199.85 Td (At December) Tj ET Q q 0 0 0 rg BT 535.51 199.85 Td ( 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.00 190.85 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 454.85 177.65 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 163.86 Td (Deferred income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.75 163.86 Td (337,883) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 163.86 Td (274,186) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 149.86 Td (Advances and security deposits) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 149.86 Td (98,575) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 149.86 Td (167,293) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 135.86 Td (Accrued expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 135.86 Td (93,536) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 135.86 Td (77,024) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 121.86 Td (Payables to personnel) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 121.86 Td (33,618) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 121.86 Td (38,488) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 107.86 Td (Social security payables) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 107.86 Td (15,945) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 107.86 Td (20,553) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 93.86 Td (Other) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.25 93.86 Td (41,591) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 93.86 Td (42,806) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 79.85 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 79.85 Td (otal other) Tj ET Q q 0 0 0 rg BT 98.25 79.85 Td ( liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 79.85 Td (621,148) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 79.85 Td (620,350) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 115 0 obj <> endobj 116 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 712.40 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 712.40 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 127.32 712.40 Td (income ) Tj ET Q q 0 0 0 rg BT 158.54 712.40 Td (primarily ) Tj ET Q q 0 0 0 rg BT 197.54 712.40 Td (includes ) Tj ET Q q 0 0 0 rg BT 232.66 712.40 Td (amounts ) Tj ET Q q 0 0 0 rg BT 268.33 712.40 Td (received ) Tj ET Q q 0 0 0 rg BT 303.98 712.40 Td (under ) Tj ET Q q 0 0 0 rg BT 328.54 712.40 Td (the ) Tj ET Q q 0 0 0 rg BT 342.55 712.40 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 384.32 712.40 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 436.64 712.40 Td (program ) Tj ET Q q 0 0 0 rg BT 472.31 712.40 Td (of ) Tj ET Q q 0 0 0 rg BT 482.43 712.40 Td (181,823) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 519.93 712.40 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.90 712.40 Td (thousand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 700.40 Td (at ) Tj ET Q q 0 0 0 rg BT 63.75 700.40 Td (September30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.51 700.40 Td ( ) Tj ET Q q 0 0 0 rg BT 124.05 700.40 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.05 700.40 Td ( ) Tj ET Q q 0 0 0 rg BT 146.58 700.40 Td (and ) Tj ET Q q 0 0 0 rg BT 163.56 700.40 Td (173,646 ) Tj ET Q q 0 0 0 rg BT 203.59 700.40 Td (thousand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.23 700.40 Td (at ) Tj ET Q q 0 0 0 rg BT 251.98 700.40 Td (December31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.07 700.40 Td ( ) Tj ET Q q 0 0 0 rg BT 310.60 700.40 Td (2017, ) Tj ET Q q 0 0 0 rg BT 335.64 700.40 Td (which ) Tj ET Q q 0 0 0 rg BT 362.61 700.40 Td (are ) Tj ET Q q 0 0 0 rg BT 377.35 700.40 Td (deferred ) Tj ET Q q 0 0 0 rg BT 413.19 700.40 Td (and ) Tj ET Q q 0 0 0 rg BT 430.16 700.40 Td (recognized ) Tj ET Q q 0 0 0 rg BT 476.56 700.40 Td (as ) Tj ET Q q 0 0 0 rg BT 487.42 700.40 Td (net ) Tj ET Q q 0 0 0 rg BT 502.17 700.40 Td (revenues ) Tj ET Q q 0 0 0 rg BT 540.25 700.40 Td (over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 688.40 Td (the ) Tj ET Q q 0 0 0 rg BT 68.08 688.40 Td (length ) Tj ET Q q 0 0 0 rg BT 94.93 688.40 Td (of ) Tj ET Q q 0 0 0 rg BT 105.12 688.40 Td (the ) Tj ET Q q 0 0 0 rg BT 119.20 688.40 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 171.58 688.40 Td (program. ) Tj ET Q q 0 0 0 rg BT 209.82 688.40 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 247.21 688.40 Td (income ) Tj ET Q q 0 0 0 rg BT 278.50 688.40 Td (also ) Tj ET Q q 0 0 0 rg BT 296.47 688.40 Td (includes ) Tj ET Q q 0 0 0 rg BT 331.65 688.40 Td (amounts ) Tj ET Q q 0 0 0 rg BT 367.40 688.40 Td (collected ) Tj ET Q q 0 0 0 rg BT 405.35 688.40 Td (under ) Tj ET Q q 0 0 0 rg BT 429.97 688.40 Td (various ) Tj ET Q q 0 0 0 rg BT 461.27 688.40 Td (other ) Tj ET Q q 0 0 0 rg BT 483.68 688.40 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 533.57 688.40 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 676.40 Td (are ) Tj ET Q q 0 0 0 rg BT 68.71 676.40 Td (dependent ) Tj ET Q q 0 0 0 rg BT 112.30 676.40 Td (upon ) Tj ET Q q 0 0 0 rg BT 134.80 676.40 Td (the ) Tj ET Q q 0 0 0 rg BT 149.52 676.40 Td (future ) Tj ET Q q 0 0 0 rg BT 175.89 676.40 Td (performance ) Tj ET Q q 0 0 0 rg BT 228.92 676.40 Td (of ) Tj ET Q q 0 0 0 rg BT 239.75 676.40 Td (a ) Tj ET Q q 0 0 0 rg BT 246.69 676.40 Td (service ) Tj ET Q q 0 0 0 rg BT 277.50 676.40 Td (or ) Tj ET Q q 0 0 0 rg BT 288.33 676.40 Td (other ) Tj ET Q q 0 0 0 rg BT 311.38 676.40 Td (act ) Tj ET Q q 0 0 0 rg BT 325.53 676.40 Td (of ) Tj ET Q q 0 0 0 rg BT 336.36 676.40 Td (the ) Tj ET Q q 0 0 0 rg BT 351.08 676.40 Td (Group.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 652.40 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 652.40 Td (Advances ) Tj ET Q q 0 0 0 rg BT 131.56 652.40 Td (and ) Tj ET Q q 0 0 0 rg BT 148.13 652.40 Td (security ) Tj ET Q q 0 0 0 rg BT 181.92 652.40 Td (deposits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.83 652.40 Td (at ) Tj ET Q q 0 0 0 rg BT 226.17 652.40 Td (September30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.94 652.40 Td ( ) Tj ET Q q 0 0 0 rg BT 286.07 652.40 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.07 652.40 Td ( ) Tj ET Q q 0 0 0 rg BT 308.20 652.40 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.77 652.40 Td (at ) Tj ET Q q 0 0 0 rg BT 334.12 652.40 Td (December31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.20 652.40 Td ( ) Tj ET Q q 0 0 0 rg BT 392.33 652.40 Td (2017 ) Tj ET Q q 0 0 0 rg BT 414.47 652.40 Td (primarily ) Tj ET Q q 0 0 0 rg BT 453.81 652.40 Td (include ) Tj ET Q q 0 0 0 rg BT 485.37 652.40 Td (advances ) Tj ET Q q 0 0 0 rg BT 524.15 652.40 Td (received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 640.40 Td (from ) Tj ET Q q 0 0 0 rg BT 76.63 640.40 Td (clients ) Tj ET Q q 0 0 0 rg BT 105.92 640.40 Td (for ) Tj ET Q q 0 0 0 rg BT 120.76 640.40 Td (the ) Tj ET Q q 0 0 0 rg BT 136.17 640.40 Td (purchase ) Tj ET Q q 0 0 0 rg BT 174.89 640.40 Td (of ) Tj ET Q q 0 0 0 rg BT 186.41 640.40 Td (special ) Tj ET Q q 0 0 0 rg BT 217.36 640.40 Td (series, ) Tj ET Q q 0 0 0 rg BT 245.82 640.40 Td (limited ) Tj ET Q q 0 0 0 rg BT 277.34 640.40 Td (edition ) Tj ET Q q 0 0 0 rg BT 308.30 640.40 Td (and ) Tj ET Q q 0 0 0 rg BT 325.92 640.40 Td (hypercars. ) Tj ET Q q 0 0 0 rg BT 370.48 640.40 Td (Upon ) Tj ET Q q 0 0 0 rg BT 395.89 640.40 Td (shipment ) Tj ET Q q 0 0 0 rg BT 435.74 640.40 Td (of ) Tj ET Q q 0 0 0 rg BT 447.26 640.40 Td (such ) Tj ET Q q 0 0 0 rg BT 468.77 640.40 Td (cars, ) Tj ET Q q 0 0 0 rg BT 490.56 640.40 Td (the ) Tj ET Q q 0 0 0 rg BT 505.96 640.40 Td (advances ) Tj ET Q q 0 0 0 rg BT 545.80 640.40 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (recognized ) Tj ET Q q 0 0 0 rg BT 100.36 628.40 Td (as ) Tj ET Q q 0 0 0 rg BT 111.19 628.40 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 147.66 628.40 Td (The ) Tj ET Q q 0 0 0 rg BT 165.70 628.40 Td (decrease ) Tj ET Q q 0 0 0 rg BT 202.62 628.40 Td (primarily ) Tj ET Q q 0 0 0 rg BT 242.33 628.40 Td (relates ) Tj ET Q q 0 0 0 rg BT 270.92 628.40 Td (to ) Tj ET Q q 0 0 0 rg BT 281.20 628.40 Td (shipments ) Tj ET Q q 0 0 0 rg BT 324.26 628.40 Td (of ) Tj ET Q q 0 0 0 rg BT 335.09 628.40 Td (the ) Tj ET Q q 0 0 0 rg BT 349.81 628.40 Td (LaFerrari ) Tj ET Q q 0 0 0 rg BT 389.51 628.40 Td (Aperta.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 604.40 Td (25. ) Tj ET Q q 0 0 0 rg BT 73.82 604.40 Td (TRADE P) Tj ET Q q 0 0 0 rg BT 116.69 604.40 Td (A) Tj ET Q q 0 0 0 rg BT 122.99 604.40 Td (Y) Tj ET Q q 0 0 0 rg BT 129.30 604.40 Td (ABLES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 580.40 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 580.40 Td (T) Tj ET Q q 0 0 0 rg BT 95.76 580.40 Td (rade ) Tj ET Q q 0 0 0 rg BT 115.59 580.40 Td (payables ) Tj ET Q q 0 0 0 rg BT 153.21 580.40 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.17 580.40 Td (546,858 ) Tj ET Q q 0 0 0 rg BT 204.30 580.40 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.41 580.40 Td ( ) Tj ET Q q 0 0 0 rg BT 243.03 580.40 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.88 580.40 Td (September30, ) Tj ET Q q 0 0 0 rg BT 313.27 580.40 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.27 580.40 Td ( ) Tj ET Q q 0 0 0 rg BT 335.90 580.40 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.23 580.40 Td (607,505 ) Tj ET Q q 0 0 0 rg BT 379.36 580.40 Td (thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.47 580.40 Td ( ) Tj ET Q q 0 0 0 rg BT 418.10 580.40 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.95 580.40 Td (December31, ) Tj ET Q q 0 0 0 rg BT 486.66 580.40 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.66 580.40 Td (\) ) Tj ET Q q 0 0 0 rg BT 512.62 580.40 Td (are ) Tj ET Q q 0 0 0 rg BT 527.46 580.40 Td (entirely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 568.40 Td (due ) Tj ET Q q 0 0 0 rg BT 70.94 568.40 Td (within ) Tj ET Q q 0 0 0 rg BT 99.00 568.40 Td (one ) Tj ET Q q 0 0 0 rg BT 115.93 568.40 Td (year) Tj ET Q q 0 0 0 rg BT 132.59 568.40 Td (. ) Tj ET Q q 0 0 0 rg BT 137.41 568.40 Td (The ) Tj ET Q q 0 0 0 rg BT 155.46 568.40 Td (carrying ) Tj ET Q q 0 0 0 rg BT 191.27 568.40 Td (amount ) Tj ET Q q 0 0 0 rg BT 223.77 568.40 Td (of ) Tj ET Q q 0 0 0 rg BT 234.60 568.40 Td (trade ) Tj ET Q q 0 0 0 rg BT 257.08 568.40 Td (payables ) Tj ET Q q 0 0 0 rg BT 294.57 568.40 Td (is ) Tj ET Q q 0 0 0 rg BT 303.74 568.40 Td (considered ) Tj ET Q q 0 0 0 rg BT 349.55 568.40 Td (to ) Tj ET Q q 0 0 0 rg BT 359.83 568.40 Td (be ) Tj ET Q q 0 0 0 rg BT 371.77 568.40 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 415.92 568.40 Td (to ) Tj ET Q q 0 0 0 rg BT 426.20 568.40 Td (their ) Tj ET Q q 0 0 0 rg BT 447.02 568.40 Td (fair ) Tj ET Q q 0 0 0 rg BT 463.40 568.40 Td (value.) Tj ET Q endstream endobj 117 0 obj <> endobj 118 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 713.25 Td (26. F) Tj ET Q q 0 0 0 rg BT 79.37 713.25 Td (AIR ) Tj ET Q q 0 0 0 rg BT 100.02 713.25 Td (V) Tj ET Q q 0 0 0 rg BT 105.95 713.25 Td (ALUE MEASUREMENT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 689.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 114.21 689.25 Td (13 ) Tj ET Q q 0 0 0 rg BT 127.30 689.25 Td (establishes ) Tj ET Q q 0 0 0 rg BT 173.72 689.25 Td (a ) Tj ET Q q 0 0 0 rg BT 181.25 689.25 Td (three ) Tj ET Q q 0 0 0 rg BT 204.32 689.25 Td (level ) Tj ET Q q 0 0 0 rg BT 226.84 689.25 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 267.69 689.25 Td (for ) Tj ET Q q 0 0 0 rg BT 282.44 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 297.75 689.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 325.28 689.25 Td (to ) Tj ET Q q 0 0 0 rg BT 336.15 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 351.46 689.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 391.76 689.25 Td (techniques ) Tj ET Q q 0 0 0 rg BT 437.61 689.25 Td (used ) Tj ET Q q 0 0 0 rg BT 459.03 689.25 Td (to ) Tj ET Q q 0 0 0 rg BT 469.90 689.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 506.31 689.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 523.27 689.25 Td (value ) Tj ET Q q 0 0 0 rg BT 548.02 689.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 677.25 Td (giving ) Tj ET Q q 0 0 0 rg BT 81.88 677.25 Td (the ) Tj ET Q q 0 0 0 rg BT 96.42 677.25 Td (highest ) Tj ET Q q 0 0 0 rg BT 127.63 677.25 Td (priority ) Tj ET Q q 0 0 0 rg BT 159.95 677.25 Td (to ) Tj ET Q q 0 0 0 rg BT 170.05 677.25 Td (quoted ) Tj ET Q q 0 0 0 rg BT 199.59 677.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 225.79 677.25 Td (\(unadjusted\) ) Tj ET Q q 0 0 0 rg BT 278.10 677.25 Td (in ) Tj ET Q q 0 0 0 rg BT 288.20 677.25 Td (active ) Tj ET Q q 0 0 0 rg BT 314.40 677.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 348.37 677.25 Td (for ) Tj ET Q q 0 0 0 rg BT 362.36 677.25 Td (identical ) Tj ET Q q 0 0 0 rg BT 399.11 677.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 424.76 677.25 Td (and ) Tj ET Q q 0 0 0 rg BT 441.52 677.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 481.06 677.25 Td (\(level ) Tj ET Q q 0 0 0 rg BT 506.15 677.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 513.47 677.25 Td (inputs\) ) Tj ET Q q 0 0 0 rg BT 543.58 677.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.25 Td (the ) Tj ET Q q 0 0 0 rg BT 68.70 665.25 Td (lowest ) Tj ET Q q 0 0 0 rg BT 97.30 665.25 Td (priority ) Tj ET Q q 0 0 0 rg BT 129.78 665.25 Td (to ) Tj ET Q q 0 0 0 rg BT 140.04 665.25 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 195.84 665.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 222.77 665.25 Td (\(Level ) Tj ET Q q 0 0 0 rg BT 251.35 665.25 Td (3 ) Tj ET Q q 0 0 0 rg BT 258.84 665.25 Td (inputs\). ) Tj ET Q q 0 0 0 rg BT 291.60 665.25 Td (In ) Tj ET Q q 0 0 0 rg BT 302.42 665.25 Td (some ) Tj ET Q q 0 0 0 rg BT 326.01 665.25 Td (cases, ) Tj ET Q q 0 0 0 rg BT 352.10 665.25 Td (the ) Tj ET Q q 0 0 0 rg BT 366.80 665.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 393.73 665.25 Td (used ) Tj ET Q q 0 0 0 rg BT 414.55 665.25 Td (to ) Tj ET Q q 0 0 0 rg BT 424.81 665.25 Td (measure ) Tj ET Q q 0 0 0 rg BT 460.61 665.25 Td (the ) Tj ET Q q 0 0 0 rg BT 475.31 665.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 491.68 665.25 Td (value ) Tj ET Q q 0 0 0 rg BT 515.82 665.25 Td (of ) Tj ET Q q 0 0 0 rg BT 526.63 665.25 Td (an ) Tj ET Q q 0 0 0 rg BT 538.56 665.25 Td (asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 653.25 Td (or ) Tj ET Q q 0 0 0 rg BT 64.75 653.25 Td (a ) Tj ET Q q 0 0 0 rg BT 71.61 653.25 Td (liability ) Tj ET Q q 0 0 0 rg BT 105.13 653.25 Td (might ) Tj ET Q q 0 0 0 rg BT 130.89 653.25 Td (be ) Tj ET Q q 0 0 0 rg BT 142.74 653.25 Td (categorized ) Tj ET Q q 0 0 0 rg BT 191.24 653.25 Td (within ) Tj ET Q q 0 0 0 rg BT 219.22 653.25 Td (dif) Tj ET Q q 0 0 0 rg BT 230.14 653.25 Td (ferent ) Tj ET Q q 0 0 0 rg BT 255.88 653.25 Td (levels ) Tj ET Q q 0 0 0 rg BT 281.62 653.25 Td (of ) Tj ET Q q 0 0 0 rg BT 292.37 653.25 Td (the ) Tj ET Q q 0 0 0 rg BT 307.00 653.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 323.30 653.25 Td (value ) Tj ET Q q 0 0 0 rg BT 347.37 653.25 Td (hierarchy) Tj ET Q q 0 0 0 rg BT 384.48 653.25 Td (. ) Tj ET Q q 0 0 0 rg BT 389.40 653.25 Td (In ) Tj ET Q q 0 0 0 rg BT 400.15 653.25 Td (those ) Tj ET Q q 0 0 0 rg BT 423.67 653.25 Td (cases, ) Tj ET Q q 0 0 0 rg BT 449.69 653.25 Td (the ) Tj ET Q q 0 0 0 rg BT 464.32 653.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 480.62 653.25 Td (value ) Tj ET Q q 0 0 0 rg BT 504.69 653.25 Td (measurement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 641.25 Td (is ) Tj ET Q q 0 0 0 rg BT 63.07 641.25 Td (categorized ) Tj ET Q q 0 0 0 rg BT 111.54 641.25 Td (in ) Tj ET Q q 0 0 0 rg BT 121.72 641.25 Td (its ) Tj ET Q q 0 0 0 rg BT 133.56 641.25 Td (entirety ) Tj ET Q q 0 0 0 rg BT 166.50 641.25 Td (in ) Tj ET Q q 0 0 0 rg BT 176.67 641.25 Td (the ) Tj ET Q q 0 0 0 rg BT 191.29 641.25 Td (same ) Tj ET Q q 0 0 0 rg BT 214.23 641.25 Td (level ) Tj ET Q q 0 0 0 rg BT 236.06 641.25 Td (of ) Tj ET Q q 0 0 0 rg BT 246.79 641.25 Td (the ) Tj ET Q q 0 0 0 rg BT 261.40 641.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 277.67 641.25 Td (value ) Tj ET Q q 0 0 0 rg BT 301.73 641.25 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 341.88 641.25 Td (at ) Tj ET Q q 0 0 0 rg BT 351.49 641.25 Td (the ) Tj ET Q q 0 0 0 rg BT 366.10 641.25 Td (lowest ) Tj ET Q q 0 0 0 rg BT 394.61 641.25 Td (level ) Tj ET Q q 0 0 0 rg BT 416.44 641.25 Td (input ) Tj ET Q q 0 0 0 rg BT 439.39 641.25 Td (that ) Tj ET Q q 0 0 0 rg BT 456.78 641.25 Td (is ) Tj ET Q q 0 0 0 rg BT 465.85 641.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 510.46 641.25 Td (to ) Tj ET Q q 0 0 0 rg BT 520.63 641.25 Td (the ) Tj ET Q q 0 0 0 rg BT 535.25 641.25 Td (entire ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 629.25 Td (measurement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 605.25 Td (Levels ) Tj ET Q q 0 0 0 rg BT 119.16 605.25 Td (used ) Tj ET Q q 0 0 0 rg BT 139.99 605.25 Td (in ) Tj ET Q q 0 0 0 rg BT 150.26 605.25 Td (the ) Tj ET Q q 0 0 0 rg BT 164.98 605.25 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 205.23 605.25 Td (are ) Tj ET Q q 0 0 0 rg BT 219.94 605.25 Td (as ) Tj ET Q q 0 0 0 rg BT 230.77 605.25 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 581.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 581.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 115.62 581.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 123.48 581.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 150.79 581.25 Td (are ) Tj ET Q q 0 0 0 rg BT 165.86 581.25 Td (quoted ) Tj ET Q q 0 0 0 rg BT 195.94 581.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 222.67 581.25 Td (\(unadjusted\) ) Tj ET Q q 0 0 0 rg BT 275.52 581.25 Td (in ) Tj ET Q q 0 0 0 rg BT 286.16 581.25 Td (active ) Tj ET Q q 0 0 0 rg BT 312.89 581.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 347.41 581.25 Td (for ) Tj ET Q q 0 0 0 rg BT 361.93 581.25 Td (identical ) Tj ET Q q 0 0 0 rg BT 399.22 581.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 425.41 581.25 Td (and ) Tj ET Q q 0 0 0 rg BT 442.71 581.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 482.78 581.25 Td (that ) Tj ET Q q 0 0 0 rg BT 500.64 581.25 Td (the ) Tj ET Q q 0 0 0 rg BT 515.72 581.25 Td (Group ) Tj ET Q q 0 0 0 rg BT 544.13 581.25 Td (can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 569.25 Td (access ) Tj ET Q q 0 0 0 rg BT 82.04 569.25 Td (at ) Tj ET Q q 0 0 0 rg BT 91.75 569.25 Td (the ) Tj ET Q q 0 0 0 rg BT 106.47 569.25 Td (measurement ) Tj ET Q q 0 0 0 rg BT 162.28 569.25 Td (date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 545.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 545.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 114.77 545.25 Td (2 ) Tj ET Q q 0 0 0 rg BT 121.77 545.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 148.23 545.25 Td (are ) Tj ET Q q 0 0 0 rg BT 162.44 545.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 188.89 545.25 Td (other ) Tj ET Q q 0 0 0 rg BT 211.44 545.25 Td (than ) Tj ET Q q 0 0 0 rg BT 230.66 545.25 Td (quoted ) Tj ET Q q 0 0 0 rg BT 259.88 545.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 285.76 545.25 Td (included ) Tj ET Q q 0 0 0 rg BT 322.20 545.25 Td (within ) Tj ET Q q 0 0 0 rg BT 349.76 545.25 Td (level ) Tj ET Q q 0 0 0 rg BT 371.20 545.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 378.21 545.25 Td (that ) Tj ET Q q 0 0 0 rg BT 395.21 545.25 Td (are ) Tj ET Q q 0 0 0 rg BT 409.42 545.25 Td (observable ) Tj ET Q q 0 0 0 rg BT 454.74 545.25 Td (for ) Tj ET Q q 0 0 0 rg BT 468.40 545.25 Td (the ) Tj ET Q q 0 0 0 rg BT 482.62 545.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 507.96 545.25 Td (or ) Tj ET Q q 0 0 0 rg BT 518.29 545.25 Td (liabilities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 533.25 Td (either ) Tj ET Q q 0 0 0 rg BT 79.26 533.25 Td (directly ) Tj ET Q q 0 0 0 rg BT 112.31 533.25 Td (or ) Tj ET Q q 0 0 0 rg BT 123.14 533.25 Td (indirectly) Tj ET Q q 0 0 0 rg BT 160.81 533.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 509.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 509.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 115.26 509.25 Td (3 ) Tj ET Q q 0 0 0 rg BT 122.76 509.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 149.71 509.25 Td (are ) Tj ET Q q 0 0 0 rg BT 164.42 509.25 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 220.23 509.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 247.18 509.25 Td (for ) Tj ET Q q 0 0 0 rg BT 261.34 509.25 Td (the ) Tj ET Q q 0 0 0 rg BT 276.06 509.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 301.89 509.25 Td (and ) Tj ET Q q 0 0 0 rg BT 318.83 509.25 Td (liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 485.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 90.00 485.25 Td (Assets and liabilities that are measured at fair value on a recurring basis) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 461.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 461.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.85 461.25 Td (following ) Tj ET Q q 0 0 0 rg BT 149.04 461.25 Td (table ) Tj ET Q q 0 0 0 rg BT 170.77 461.25 Td (shows ) Tj ET Q q 0 0 0 rg BT 198.08 461.25 Td (the ) Tj ET Q q 0 0 0 rg BT 212.60 461.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 228.78 461.25 Td (value ) Tj ET Q q 0 0 0 rg BT 252.74 461.25 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 292.79 461.25 Td (for ) Tj ET Q q 0 0 0 rg BT 306.76 461.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 344.04 461.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 369.67 461.25 Td (and ) Tj ET Q q 0 0 0 rg BT 386.41 461.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 425.93 461.25 Td (that ) Tj ET Q q 0 0 0 rg BT 443.23 461.25 Td (are ) Tj ET Q q 0 0 0 rg BT 457.74 461.25 Td (measured ) Tj ET Q q 0 0 0 rg BT 498.35 461.25 Td (at ) Tj ET Q q 0 0 0 rg BT 507.87 461.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 524.05 461.25 Td (value ) Tj ET Q q 0 0 0 rg BT 548.01 461.25 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 449.25 Td (a ) Tj ET Q q 0 0 0 rg BT 60.94 449.25 Td (recurring ) Tj ET Q q 0 0 0 rg BT 100.08 449.25 Td (basis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.58 449.25 Td (at ) Tj ET Q q 0 0 0 rg BT 132.30 449.25 Td (September30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.06 449.25 Td ( ) Tj ET Q q 0 0 0 rg BT 192.56 449.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.56 449.25 Td ( ) Tj ET Q q 0 0 0 rg BT 215.06 449.25 Td (and ) Tj ET Q q 0 0 0 rg BT 232.00 449.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.72 449.25 Td (December31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.80 449.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.30 449.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.30 449.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 397.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 397.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 397.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 397.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 397.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 397.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 397.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 397.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 397.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 397.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 369.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 369.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 369.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 369.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 369.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 369.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 369.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 369.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 369.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 369.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 341.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 341.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 341.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 341.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 341.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 341.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 341.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 341.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 341.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 341.75 56.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 424.75 m 378.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 424.75 m 382.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 424.75 m 438.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 424.75 m 442.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 424.75 m 498.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 424.75 m 502.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 424.75 m 558.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 410.75 m 318.5 410.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 410.75 m 378.5 410.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 410.75 m 438.5 410.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 410.75 m 498.5 410.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 410.75 m 558.5 410.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 355.75 m 378.5 355.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 342.75 m 378.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 340.75 m 378.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 355.75 m 438.5 355.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 342.75 m 438.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 340.75 m 438.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 355.75 m 498.5 355.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 342.75 m 498.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 340.75 m 498.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 355.75 m 558.5 355.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 342.75 m 558.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 340.75 m 558.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 314.75 m 378.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 312.75 m 378.5 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 314.75 m 438.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 312.75 m 438.5 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 314.75 m 498.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 312.75 m 498.5 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 314.75 m 558.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 312.75 m 558.5 312.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.55 429.20 Td (At September) Tj ET Q q 0 0 0 rg BT 449.70 429.20 Td ( 30, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.00 415.20 Td (Note) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.10 415.20 Td (Level 1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.10 415.20 Td (Level2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.10 415.20 Td (Level3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.15 415.20 Td (T) Tj ET Q q 0 0 0 rg BT 525.33 415.20 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.85 402.00 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 388.21 Td (Cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 345.75 388.21 Td (753,362) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.00 388.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.00 388.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 388.21 Td (753,362) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 374.21 Td (Investments and other financial assets - Liberty Shares) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 293.50 374.21 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 354.75 374.21 Td (6,193) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.00 374.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.00 374.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 374.21 Td (6,193) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 360.21 Td (Current financial assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 293.50 360.21 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 360.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.75 360.21 Td (6,389) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.00 360.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 360.21 Td (6,389) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 346.20 Td (T) Tj ET Q q 0 0 0 rg BT 62.59 346.20 Td (otal assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.75 346.20 Td (759,555) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.75 346.20 Td (6,389) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 346.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 346.20 Td (765,944) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 332.21 Td (Other financial liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 293.50 332.21 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.00 332.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.75 332.21 Td (8,358) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.00 332.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 332.21 Td (8,358) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 318.20 Td (T) Tj ET Q q 0 0 0 rg BT 62.18 318.20 Td (otal liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 318.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.75 318.20 Td (8,358) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 318.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 318.20 Td (8,358) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 250.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 250.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 250.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 250.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 250.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 250.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 250.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 250.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 250.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 250.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 222.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 222.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 222.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 222.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 222.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 222.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 222.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 222.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 222.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 222.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 194.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 194.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 194.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 194.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 194.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 194.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 194.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 194.75 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 194.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 194.75 56.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 277.75 m 377.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 277.75 m 381.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 277.75 m 437.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 277.75 m 441.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 277.75 m 497.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 277.75 m 501.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 277.75 m 557.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 263.75 m 317.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 263.75 m 377.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 263.75 m 437.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 263.75 m 497.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 263.75 m 557.5 263.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 208.75 m 377.5 208.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 195.75 m 377.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 193.75 m 377.5 193.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 208.75 m 437.5 208.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 195.75 m 437.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 193.75 m 437.5 193.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 208.75 m 497.5 208.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 195.75 m 497.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 193.75 m 497.5 193.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 208.75 m 557.5 208.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 195.75 m 557.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 193.75 m 557.5 193.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 180.75 m 377.5 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 167.75 m 377.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 165.75 m 377.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 180.75 m 437.5 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 167.75 m 437.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 165.75 m 437.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 180.75 m 497.5 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 167.75 m 497.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 165.75 m 497.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 180.75 m 557.5 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 167.75 m 557.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 165.75 m 557.5 165.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.80 282.20 Td (At December) Tj ET Q q 0 0 0 rg BT 447.44 282.20 Td ( 31, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 288.00 268.20 Td (Note) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.10 268.20 Td (Level 1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.10 268.20 Td (Level2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.10 268.20 Td (Level3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.15 268.20 Td (T) Tj ET Q q 0 0 0 rg BT 524.33 268.20 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 418.85 255.00 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 241.21 Td (Cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.75 241.21 Td (647,706) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 425.00 241.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.00 241.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 241.21 Td (647,706) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 227.21 Td (Investments and other financial assets - Liberty Shares) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.50 227.21 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.75 227.21 Td (5,705) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 426.00 227.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 486.00 227.00 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 227.21 Td (5,705) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 213.21 Td (Current financial assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.50 213.21 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 365.00 213.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.25 213.21 Td (1) Tj ET Q q 0 0 0 rg BT 413.75 213.21 Td (1,686) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.00 213.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.25 213.21 Td (1) Tj ET Q q 0 0 0 rg BT 533.75 213.21 Td (1,686) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 199.20 Td (T) Tj ET Q q 0 0 0 rg BT 61.59 199.20 Td (otal assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.75 199.20 Td (653,41) Tj ET Q q 0 0 0 rg BT 369.50 199.20 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.25 199.20 Td (1) Tj ET Q q 0 0 0 rg BT 413.75 199.20 Td (1,686) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.00 199.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 199.20 Td (665,097) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 185.21 Td (Other financial liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.50 185.21 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 365.00 185.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.75 185.21 Td (1,444) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.00 185.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.75 185.21 Td (1,444) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 171.20 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 171.20 Td (otal liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.00 171.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 171.20 Td (1,444) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.00 171.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 533.75 171.20 Td (1,444) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 143.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 143.25 Td (There ) Tj ET Q q 0 0 0 rg BT 115.82 143.25 Td (were ) Tj ET Q q 0 0 0 rg BT 137.74 143.25 Td (no ) Tj ET Q q 0 0 0 rg BT 150.24 143.25 Td (transfers ) Tj ET Q q 0 0 0 rg BT 187.17 143.25 Td (between ) Tj ET Q q 0 0 0 rg BT 222.99 143.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 239.37 143.25 Td (value ) Tj ET Q q 0 0 0 rg BT 263.52 143.25 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 303.77 143.25 Td (levels ) Tj ET Q q 0 0 0 rg BT 329.60 143.25 Td (for ) Tj ET Q q 0 0 0 rg BT 343.76 143.25 Td (the ) Tj ET Q q 0 0 0 rg BT 358.48 143.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 390.42 143.25 Td (presented.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 119.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 119.25 Td (The ) Tj ET Q q 0 0 0 rg BT 107.79 119.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 123.92 119.25 Td (value ) Tj ET Q q 0 0 0 rg BT 147.82 119.25 Td (of ) Tj ET Q q 0 0 0 rg BT 158.39 119.25 Td (current ) Tj ET Q q 0 0 0 rg BT 188.96 119.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 226.18 119.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 251.76 119.25 Td (and ) Tj ET Q q 0 0 0 rg BT 268.44 119.25 Td (other ) Tj ET Q q 0 0 0 rg BT 291.24 119.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 328.46 119.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 367.92 119.25 Td (relates ) Tj ET Q q 0 0 0 rg BT 396.26 119.25 Td (to ) Tj ET Q q 0 0 0 rg BT 406.29 119.25 Td (derivative ) Tj ET Q q 0 0 0 rg BT 448.52 119.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 485.74 119.25 Td (instruments ) Tj ET Q q 0 0 0 rg BT 534.65 119.25 Td (and ) Tj ET Q q 0 0 0 rg BT 551.34 119.25 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 107.25 Td (measured ) Tj ET Q q 0 0 0 rg BT 94.57 107.25 Td (by ) Tj ET Q q 0 0 0 rg BT 106.83 107.25 Td (taking ) Tj ET Q q 0 0 0 rg BT 134.09 107.25 Td (into ) Tj ET Q q 0 0 0 rg BT 151.90 107.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 208.03 107.25 Td (market ) Tj ET Q q 0 0 0 rg BT 238.05 107.25 Td (parameters ) Tj ET Q q 0 0 0 rg BT 284.17 107.25 Td (at ) Tj ET Q q 0 0 0 rg BT 293.65 107.25 Td (the ) Tj ET Q q 0 0 0 rg BT 308.12 107.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 340.91 107.25 Td (sheet ) Tj ET Q q 0 0 0 rg BT 363.72 107.25 Td (date, ) Tj ET Q q 0 0 0 rg BT 385.13 107.25 Td (using ) Tj ET Q q 0 0 0 rg BT 409.06 107.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 448.53 107.25 Td (techniques ) Tj ET Q q 0 0 0 rg BT 493.55 107.25 Td (widely ) Tj ET Q q 0 0 0 rg BT 523.03 107.25 Td (accepted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 95.25 Td (in ) Tj ET Q q 0 0 0 rg BT 64.11 95.25 Td (the ) Tj ET Q q 0 0 0 rg BT 78.66 95.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 115.97 95.25 Td (business ) Tj ET Q q 0 0 0 rg BT 152.20 95.25 Td (environment. ) Tj ET Q q 0 0 0 rg BT 207.57 95.25 Td (In ) Tj ET Q q 0 0 0 rg BT 218.24 95.25 Td (particular) Tj ET Q q 0 0 0 rg BT 256.15 95.25 Td (, ) Tj ET Q q 0 0 0 rg BT 260.98 95.25 Td (the ) Tj ET Q q 0 0 0 rg BT 275.53 95.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 291.74 95.25 Td (value ) Tj ET Q q 0 0 0 rg BT 315.73 95.25 Td (of ) Tj ET Q q 0 0 0 rg BT 326.39 95.25 Td (forward ) Tj ET Q q 0 0 0 rg BT 360.38 95.25 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 401.30 95.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 438.61 95.25 Td (swaps ) Tj ET Q q 0 0 0 rg BT 465.39 95.25 Td (and ) Tj ET Q q 0 0 0 rg BT 482.16 95.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 513.92 95.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 531.24 95.25 Td (caps ) Tj ET Q q 0 0 0 rg BT 551.34 95.25 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 83.25 Td (determined ) Tj ET Q q 0 0 0 rg BT 101.48 83.25 Td (by ) Tj ET Q q 0 0 0 rg BT 113.98 83.25 Td (taking ) Tj ET Q q 0 0 0 rg BT 141.48 83.25 Td (the ) Tj ET Q q 0 0 0 rg BT 156.19 83.25 Td (prevailing ) Tj ET Q q 0 0 0 rg BT 199.23 83.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 230.61 83.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 268.09 83.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 308.34 83.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 325.83 83.25 Td (and ) Tj ET Q q 0 0 0 rg BT 342.76 83.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 374.70 83.25 Td (rates, ) Tj ET Q q 0 0 0 rg BT 398.58 83.25 Td (as ) Tj ET Q q 0 0 0 rg BT 409.41 83.25 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 455.49 83.25 Td (at ) Tj ET Q q 0 0 0 rg BT 465.21 83.25 Td (the ) Tj ET Q q 0 0 0 rg BT 479.93 83.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 512.96 83.25 Td (sheet ) Tj ET Q q 0 0 0 rg BT 536.01 83.25 Td (date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 59.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 59.25 Td (The par value of cash and cash equivalents usually approximates fair value due to the short maturity of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 47.25 Td (instruments, which consist primarily of bank current accounts.) Tj ET Q endstream endobj 119 0 obj <> endobj 120 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 701.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 92.50 701.10 Td (Assets and liabilities not measured at fair value on a recurring basis) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 677.10 Td (For ) Tj ET Q q 0 0 0 rg BT 107.01 677.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 145.11 677.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 194.89 677.10 Td (represented ) Tj ET Q q 0 0 0 rg BT 244.10 677.10 Td (by ) Tj ET Q q 0 0 0 rg BT 257.22 677.10 Td (short-term ) Tj ET Q q 0 0 0 rg BT 301.99 677.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 350.08 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 367.64 677.10 Td (payables, ) Tj ET Q q 0 0 0 rg BT 408.24 677.10 Td (for ) Tj ET Q q 0 0 0 rg BT 423.02 677.10 Td (which ) Tj ET Q q 0 0 0 rg BT 450.58 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 465.92 677.10 Td (present ) Tj ET Q q 0 0 0 rg BT 497.91 677.10 Td (value ) Tj ET Q q 0 0 0 rg BT 522.69 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 534.14 677.10 Td (future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 665.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 73.48 665.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 97.41 665.10 Td (does ) Tj ET Q q 0 0 0 rg BT 117.44 665.10 Td (not ) Tj ET Q q 0 0 0 rg BT 131.93 665.10 Td (dif) Tj ET Q q 0 0 0 rg BT 142.86 665.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 155.67 665.10 Td (significantly ) Tj ET Q q 0 0 0 rg BT 207.36 665.10 Td (from ) Tj ET Q q 0 0 0 rg BT 228.51 665.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 263.53 665.10 Td (value, ) Tj ET Q q 0 0 0 rg BT 289.40 665.10 Td (the ) Tj ET Q q 0 0 0 rg BT 303.32 665.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 330.58 665.10 Td (assumes ) Tj ET Q q 0 0 0 rg BT 365.62 665.10 Td (that ) Tj ET Q q 0 0 0 rg BT 382.32 665.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 417.35 665.10 Td (value ) Tj ET Q q 0 0 0 rg BT 440.71 665.10 Td (is ) Tj ET Q q 0 0 0 rg BT 449.09 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 455.23 665.10 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 499.70 665.10 Td (approximation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 65.37 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 80.62 653.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 97.54 653.10 Td (value. ) Tj ET Q q 0 0 0 rg BT 124.73 653.10 Td (In ) Tj ET Q q 0 0 0 rg BT 136.09 653.10 Td (particular) Tj ET Q q 0 0 0 rg BT 174.00 653.10 Td (, ) Tj ET Q q 0 0 0 rg BT 179.54 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.80 653.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 231.15 653.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 264.18 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 275.55 653.10 Td (current ) Tj ET Q q 0 0 0 rg BT 306.90 653.10 Td (receivables ) Tj ET Q q 0 0 0 rg BT 354.91 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 372.38 653.10 Td (other ) Tj ET Q q 0 0 0 rg BT 395.97 653.10 Td (current ) Tj ET Q q 0 0 0 rg BT 427.32 653.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 453.69 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 471.16 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 482.53 653.10 Td (trade ) Tj ET Q q 0 0 0 rg BT 505.55 653.10 Td (payables ) Tj ET Q q 0 0 0 rg BT 543.58 653.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 641.10 Td (other ) Tj ET Q q 0 0 0 rg BT 77.05 641.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 116.76 641.10 Td (approximates ) Tj ET Q q 0 0 0 rg BT 173.14 641.10 Td (their ) Tj ET Q q 0 0 0 rg BT 193.96 641.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 210.34 641.10 Td (value.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 617.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 617.10 Td (The following table represents carrying amount and fair value for the most relevant categories of financial assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 605.10 Td (financial liabilities not measured at fair value on a recurring basis:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 532.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 532.60 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 532.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 532.60 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 532.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 532.60 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 532.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 532.60 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 532.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 532.60 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 504.60 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 504.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 504.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 504.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 504.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 504.60 56.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 568.6 m 378.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 568.6 m 382.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 568.6 m 438.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 568.6 m 498.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 568.6 m 502.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 568.6 m 558.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 545.6 m 318.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 545.6 m 378.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 545.6 m 438.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 545.6 m 498.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 545.6 m 558.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 518.6 m 378.5 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 505.6 m 378.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 503.6 m 378.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 518.6 m 438.5 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 505.6 m 438.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 503.6 m 438.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 518.6 m 498.5 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 505.6 m 498.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 503.6 m 498.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 518.6 m 558.5 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 505.6 m 558.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 503.6 m 558.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 503.6 m 378.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 505.6 m 378.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 489.6 m 378.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 503.6 m 438.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 505.6 m 438.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 489.6 m 438.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 503.6 m 498.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 505.6 m 498.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 489.6 m 498.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 503.6 m 558.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 505.6 m 558.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 489.6 m 558.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 489.6 m 378.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 476.6 m 378.5 476.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 474.6 m 378.5 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 489.6 m 438.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 476.6 m 438.5 476.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 474.6 m 438.5 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 489.6 m 498.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 476.6 m 498.5 476.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 474.6 m 498.5 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 489.6 m 558.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 476.6 m 558.5 476.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 474.6 m 558.5 474.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.55 573.05 Td (At September) Tj ET Q q 0 0 0 rg BT 389.70 573.05 Td ( 30, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.80 573.05 Td (At December) Tj ET Q q 0 0 0 rg BT 508.44 573.05 Td ( 31, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.00 550.05 Td (Note) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.25 559.05 Td (Carrying) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.20 550.05 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.80 559.05 Td (Fair) Tj ET Q q 0 0 0 rg BT 418.13 559.05 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.15 550.05 Td (V) Tj ET Q q 0 0 0 rg BT 404.82 550.05 Td (alue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.25 559.05 Td (Carrying) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.20 550.05 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.80 559.05 Td (Fair) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.15 550.05 Td (V) Tj ET Q q 0 0 0 rg BT 524.82 550.05 Td (alue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.85 536.85 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 57.00 523.06 Td (Receivables from financing activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 293.50 523.06 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 345.75 523.06 Td (829,937) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 405.75 523.06 Td (829,937) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 465.75 523.06 Td (732,947) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 525.75 523.06 Td (732,947) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 509.05 Td (T) Tj ET Q q 0 0 0 rg BT 62.18 509.05 Td (otal assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.75 509.05 Td (829,937) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.75 509.05 Td (829,937) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.75 509.05 Td (732,947) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 509.05 Td (732,947) Tj ET Q BT /F1 9.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 57.00 500.30 17.49 -8.18 re f /GS0 gs q 0 0 0 rg BT 57.00 494.06 Td (Debt) Tj ET Q BT /F1 9.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 500.30 9.00 -8.18 re f /GS0 gs q 0 0 0 rg BT 293.50 494.06 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 339.00 494.06 Td (1,887,553) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 399.00 494.06 Td (1,890,790) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.00 494.06 Td (1,806,181) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 519.00 494.06 Td (1,819,337) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 480.05 Td (T) Tj ET Q q 0 0 0 rg BT 62.18 480.05 Td (otal liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 480.05 Td (1,887,553) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.00 480.05 Td (1,890,790) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.00 480.05 Td (1,806,181) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.00 480.05 Td (1,819,337) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 452.10 Td (27. RELA) Tj ET Q q 0 0 0 rg BT 101.04 452.10 Td (TED P) Tj ET Q q 0 0 0 rg BT 129.47 452.10 Td (AR) Tj ET Q q 0 0 0 rg BT 143.56 452.10 Td (TY) Tj ET Q q 0 0 0 rg BT 157.08 452.10 Td ( ) Tj ET Q q 0 0 0 rg BT 159.40 452.10 Td (TRANSACTIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 428.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 428.10 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 128.08 428.10 Td (to ) Tj ET Q q 0 0 0 rg BT 138.93 428.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 158.12 428.10 Td (24, ) Tj ET Q q 0 0 0 rg BT 173.69 428.10 Td (the ) Tj ET Q q 0 0 0 rg BT 188.98 428.10 Td (related ) Tj ET Q q 0 0 0 rg BT 219.26 428.10 Td (parties ) Tj ET Q q 0 0 0 rg BT 248.99 428.10 Td (of ) Tj ET Q q 0 0 0 rg BT 260.40 428.10 Td (the ) Tj ET Q q 0 0 0 rg BT 275.69 428.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 304.32 428.10 Td (are ) Tj ET Q q 0 0 0 rg BT 319.60 428.10 Td (entities ) Tj ET Q q 0 0 0 rg BT 351.56 428.10 Td (and ) Tj ET Q q 0 0 0 rg BT 369.07 428.10 Td (individuals ) Tj ET Q q 0 0 0 rg BT 416.59 428.10 Td (capable ) Tj ET Q q 0 0 0 rg BT 450.20 428.10 Td (of ) Tj ET Q q 0 0 0 rg BT 461.60 428.10 Td (exercising ) Tj ET Q q 0 0 0 rg BT 505.77 428.10 Td (control, ) Tj ET Q q 0 0 0 rg BT 539.67 428.10 Td (joint ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 416.10 Td (control ) Tj ET Q q 0 0 0 rg BT 85.08 416.10 Td (or ) Tj ET Q q 0 0 0 rg BT 96.17 416.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 141.14 416.10 Td (influence ) Tj ET Q q 0 0 0 rg BT 181.10 416.10 Td (over ) Tj ET Q q 0 0 0 rg BT 201.63 416.10 Td (the ) Tj ET Q q 0 0 0 rg BT 216.61 416.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 244.92 416.10 Td (and ) Tj ET Q q 0 0 0 rg BT 262.12 416.10 Td (its ) Tj ET Q q 0 0 0 rg BT 274.32 416.10 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 326.80 416.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 372.32 416.10 Td (belonging ) Tj ET Q q 0 0 0 rg BT 415.07 416.10 Td (to ) Tj ET Q q 0 0 0 rg BT 425.61 416.10 Td (the ) Tj ET Q q 0 0 0 rg BT 440.59 416.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 459.49 416.10 Td ( ) Tj ET Q q 0 0 0 rg BT 462.25 416.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 490.56 416.10 Td (and ) Tj ET Q q 0 0 0 rg BT 507.75 416.10 Td (Exor ) Tj ET Q q 0 0 0 rg BT 529.95 416.10 Td (Group, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 404.10 Td (unconsolidated ) Tj ET Q q 0 0 0 rg BT 115.91 404.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 164.50 404.10 Td (of ) Tj ET Q q 0 0 0 rg BT 174.21 404.10 Td (the ) Tj ET Q q 0 0 0 rg BT 187.79 404.10 Td (Group, ) Tj ET Q q 0 0 0 rg BT 217.22 404.10 Td (associates ) Tj ET Q q 0 0 0 rg BT 258.58 404.10 Td (and ) Tj ET Q q 0 0 0 rg BT 274.39 404.10 Td (joint ) Tj ET Q q 0 0 0 rg BT 294.09 404.10 Td (ventures. ) Tj ET Q q 0 0 0 rg BT 331.84 404.10 Td ( ) Tj ET Q q 0 0 0 rg BT 333.21 404.10 Td (In ) Tj ET Q q 0 0 0 rg BT 342.92 404.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 379.56 404.10 Td (members ) Tj ET Q q 0 0 0 rg BT 417.59 404.10 Td (of ) Tj ET Q q 0 0 0 rg BT 427.29 404.10 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 455.87 404.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 482.79 404.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 508.60 404.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.31 404.10 Td (Directors, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 392.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 80.83 392.10 Td (of ) Tj ET Q q 0 0 0 rg BT 91.56 392.10 Td (Statutory ) Tj ET Q q 0 0 0 rg BT 130.09 392.10 Td (Auditors ) Tj ET Q q 0 0 0 rg BT 167.48 392.10 Td (and ) Tj ET Q q 0 0 0 rg BT 184.31 392.10 Td (executives ) Tj ET Q q 0 0 0 rg BT 228.91 392.10 Td (with ) Tj ET Q q 0 0 0 rg BT 249.08 392.10 Td (strategic ) Tj ET Q q 0 0 0 rg BT 285.35 392.10 Td (responsibilities ) Tj ET Q q 0 0 0 rg BT 348.29 392.10 Td (and ) Tj ET Q q 0 0 0 rg BT 365.13 392.10 Td (their ) Tj ET Q q 0 0 0 rg BT 385.85 392.10 Td (families ) Tj ET Q q 0 0 0 rg BT 420.45 392.10 Td (are ) Tj ET Q q 0 0 0 rg BT 435.05 392.10 Td (also ) Tj ET Q q 0 0 0 rg BT 453.56 392.10 Td (considered ) Tj ET Q q 0 0 0 rg BT 499.27 392.10 Td (related ) Tj ET Q q 0 0 0 rg BT 528.86 392.10 Td (parties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 368.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 368.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.99 368.10 Td (The ) Tj ET Q q 0 0 0 rg BT 109.68 368.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 137.38 368.10 Td (carries ) Tj ET Q q 0 0 0 rg BT 166.17 368.10 Td (out ) Tj ET Q q 0 0 0 rg BT 181.09 368.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 231.00 368.10 Td (with ) Tj ET Q q 0 0 0 rg BT 250.92 368.10 Td (related ) Tj ET Q q 0 0 0 rg BT 280.27 368.10 Td (parties ) Tj ET Q q 0 0 0 rg BT 309.07 368.10 Td (on ) Tj ET Q q 0 0 0 rg BT 321.22 368.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 370.56 368.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 394.92 368.10 Td (that ) Tj ET Q q 0 0 0 rg BT 412.06 368.10 Td (are ) Tj ET Q q 0 0 0 rg BT 426.41 368.10 Td (normal ) Tj ET Q q 0 0 0 rg BT 456.88 368.10 Td (in ) Tj ET Q q 0 0 0 rg BT 466.81 368.10 Td (the ) Tj ET Q q 0 0 0 rg BT 481.17 368.10 Td (respective ) Tj ET Q q 0 0 0 rg BT 523.85 368.10 Td (markets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 356.10 Td (considering ) Tj ET Q q 0 0 0 rg BT 102.57 356.10 Td (the ) Tj ET Q q 0 0 0 rg BT 116.69 356.10 Td (characteristics ) Tj ET Q q 0 0 0 rg BT 175.79 356.10 Td (of ) Tj ET Q q 0 0 0 rg BT 186.03 356.10 Td (the ) Tj ET Q q 0 0 0 rg BT 200.16 356.10 Td (goods ) Tj ET Q q 0 0 0 rg BT 225.96 356.10 Td (or ) Tj ET Q q 0 0 0 rg BT 236.20 356.10 Td (services ) Tj ET Q q 0 0 0 rg BT 270.32 356.10 Td (involved. ) Tj ET Q q 0 0 0 rg BT 309.59 356.10 Td (T) Tj ET Q q 0 0 0 rg BT 315.34 356.10 Td (ransactions ) Tj ET Q q 0 0 0 rg BT 362.24 356.10 Td (carried ) Tj ET Q q 0 0 0 rg BT 391.91 356.10 Td (out ) Tj ET Q q 0 0 0 rg BT 406.59 356.10 Td (by ) Tj ET Q q 0 0 0 rg BT 418.50 356.10 Td (the ) Tj ET Q q 0 0 0 rg BT 432.63 356.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 460.09 356.10 Td (with ) Tj ET Q q 0 0 0 rg BT 479.78 356.10 Td (these ) Tj ET Q q 0 0 0 rg BT 502.24 356.10 Td (related ) Tj ET Q q 0 0 0 rg BT 531.35 356.10 Td (parties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 344.10 Td (are ) Tj ET Q q 0 0 0 rg BT 68.71 344.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 108.42 344.10 Td (of ) Tj ET Q q 0 0 0 rg BT 119.25 344.10 Td (a ) Tj ET Q q 0 0 0 rg BT 126.19 344.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 175.88 344.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 203.37 344.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 222.81 344.10 Td (in ) Tj ET Q q 0 0 0 rg BT 233.09 344.10 Td (particular) Tj ET Q q 0 0 0 rg BT 271.00 344.10 Td (, ) Tj ET Q q 0 0 0 rg BT 276.00 344.10 Td (these ) Tj ET Q q 0 0 0 rg BT 299.04 344.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 349.31 344.10 Td (relate ) Tj ET Q q 0 0 0 rg BT 374.01 344.10 Td (to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 320.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 90.00 320.10 Td (T) Tj ET Q q 0 0 0 rg BT 95.01 320.10 Td (ransactions ) Tj ET Q q 0 0 0 rg BT 144.18 320.10 Td (with ) Tj ET Q q 0 0 0 rg BT 163.91 320.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 182.61 320.10 Td ( ) Tj ET Q q 0 0 0 rg BT 185.11 320.10 Td (Gr) Tj ET Q q 0 0 0 rg BT 195.85 320.10 Td (oup ) Tj ET Q q 0 0 0 rg BT 213.35 320.10 Td (companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 296.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 296.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.72 296.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 140.76 296.10 Td (of ) Tj ET Q q 0 0 0 rg BT 151.59 296.10 Td (engines ) Tj ET Q q 0 0 0 rg BT 184.64 296.10 Td (and ) Tj ET Q q 0 0 0 rg BT 201.58 296.10 Td (car ) Tj ET Q q 0 0 0 rg BT 216.29 296.10 Td (bodies ) Tj ET Q q 0 0 0 rg BT 244.89 296.10 Td (to ) Tj ET Q q 0 0 0 rg BT 255.17 296.10 Td (Maserati ) Tj ET Q q 0 0 0 rg BT 292.66 296.10 Td (S.p.A. ) Tj ET Q q 0 0 0 rg BT 320.44 296.10 Td (\(Maserati\) ) Tj ET Q q 0 0 0 rg BT 373.46 296.10 Td (which ) Tj ET Q q 0 0 0 rg BT 400.40 296.10 Td (is ) Tj ET Q q 0 0 0 rg BT 409.57 296.10 Td (controlled ) Tj ET Q q 0 0 0 rg BT 452.61 296.10 Td (by ) Tj ET Q q 0 0 0 rg BT 465.11 296.10 Td (the ) Tj ET Q q 0 0 0 rg BT 479.83 296.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 498.73 296.10 Td ( ) Tj ET Q q 0 0 0 rg BT 501.23 296.10 Td (Group;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 278.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 278.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.86 278.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 161.04 278.10 Td (of ) Tj ET Q q 0 0 0 rg BT 172.02 278.10 Td (engine ) Tj ET Q q 0 0 0 rg BT 201.32 278.10 Td (components ) Tj ET Q q 0 0 0 rg BT 252.28 278.10 Td (for ) Tj ET Q q 0 0 0 rg BT 266.59 278.10 Td (the ) Tj ET Q q 0 0 0 rg BT 281.45 278.10 Td (use ) Tj ET Q q 0 0 0 rg BT 297.42 278.10 Td (in ) Tj ET Q q 0 0 0 rg BT 307.85 278.10 Td (the ) Tj ET Q q 0 0 0 rg BT 322.71 278.10 Td (production ) Tj ET Q q 0 0 0 rg BT 368.68 278.10 Td (of ) Tj ET Q q 0 0 0 rg BT 379.65 278.10 Td (Maserati ) Tj ET Q q 0 0 0 rg BT 417.28 278.10 Td (engines ) Tj ET Q q 0 0 0 rg BT 450.47 278.10 Td (from ) Tj ET Q q 0 0 0 rg BT 472.55 278.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 491.45 278.10 Td ( ) Tj ET Q q 0 0 0 rg BT 494.10 278.10 Td (US ) Tj ET Q q 0 0 0 rg BT 509.53 278.10 Td (LLC, ) Tj ET Q q 0 0 0 rg BT 533.56 278.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 266.10 Td (is ) Tj ET Q q 0 0 0 rg BT 117.17 266.10 Td (controlled ) Tj ET Q q 0 0 0 rg BT 160.21 266.10 Td (by ) Tj ET Q q 0 0 0 rg BT 172.71 266.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 191.61 266.10 Td ( ) Tj ET Q q 0 0 0 rg BT 194.11 266.10 Td (Group;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 248.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 248.10 Td (the ) Tj ET Q q 0 0 0 rg BT 121.61 248.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 158.55 248.10 Td (of ) Tj ET Q q 0 0 0 rg BT 168.28 248.10 Td (automotive ) Tj ET Q q 0 0 0 rg BT 214.67 248.10 Td (lighting ) Tj ET Q q 0 0 0 rg BT 247.18 248.10 Td (and ) Tj ET Q q 0 0 0 rg BT 263.01 248.10 Td (automotive ) Tj ET Q q 0 0 0 rg BT 309.40 248.10 Td (components ) Tj ET Q q 0 0 0 rg BT 359.13 248.10 Td (from ) Tj ET Q q 0 0 0 rg BT 379.96 248.10 Td (Magneti ) Tj ET Q q 0 0 0 rg BT 414.68 248.10 Td (Marelli ) Tj ET Q q 0 0 0 rg BT 445.52 248.10 Td (S.p.A., ) Tj ET Q q 0 0 0 rg BT 474.39 248.10 Td (Automotive ) Tj ET Q q 0 0 0 rg BT 523.56 248.10 Td (Lighting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 236.10 Td (Italia ) Tj ET Q q 0 0 0 rg BT 132.24 236.10 Td (S.p.A., ) Tj ET Q q 0 0 0 rg BT 163.72 236.10 Td (Sistemi ) Tj ET Q q 0 0 0 rg BT 197.42 236.10 Td (Sospensioni ) Tj ET Q q 0 0 0 rg BT 249.45 236.10 Td (S.p.A. ) Tj ET Q q 0 0 0 rg BT 278.43 236.10 Td (and ) Tj ET Q q 0 0 0 rg BT 296.56 236.10 Td (Magneti ) Tj ET Q q 0 0 0 rg BT 333.58 236.10 Td (Marelli ) Tj ET Q q 0 0 0 rg BT 366.71 236.10 Td (Powertrain ) Tj ET Q q 0 0 0 rg BT 414.29 236.10 Td (Slovakia ) Tj ET Q q 0 0 0 rg BT 452.98 236.10 Td (s.r) Tj ET Q q 0 0 0 rg BT 462.15 236.10 Td (.o. ) Tj ET Q q 0 0 0 rg BT 475.84 236.10 Td (\(which ) Tj ET Q q 0 0 0 rg BT 507.30 236.10 Td (form ) Tj ET Q q 0 0 0 rg BT 530.44 236.10 Td (part ) Tj ET Q q 0 0 0 rg BT 549.68 236.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 224.10 Td (Magneti ) Tj ET Q q 0 0 0 rg BT 148.26 224.10 Td (Marelli\), ) Tj ET Q q 0 0 0 rg BT 190.47 224.10 Td (which ) Tj ET Q q 0 0 0 rg BT 217.40 224.10 Td (are ) Tj ET Q q 0 0 0 rg BT 232.11 224.10 Td (controlled ) Tj ET Q q 0 0 0 rg BT 275.15 224.10 Td (by ) Tj ET Q q 0 0 0 rg BT 287.65 224.10 Td (the ) Tj ET Q q 0 0 0 rg BT 302.37 224.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 321.27 224.10 Td ( ) Tj ET Q q 0 0 0 rg BT 323.77 224.10 Td (Group;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 206.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 206.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 157.66 206.10 Td (with ) Tj ET Q q 0 0 0 rg BT 177.33 206.10 Td (other ) Tj ET Q q 0 0 0 rg BT 199.77 206.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 218.67 206.10 Td ( ) Tj ET Q q 0 0 0 rg BT 220.57 206.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 248.01 206.10 Td (companies, ) Tj ET Q q 0 0 0 rg BT 295.17 206.10 Td (mainly ) Tj ET Q q 0 0 0 rg BT 324.84 206.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 357.28 206.10 Td (to ) Tj ET Q q 0 0 0 rg BT 366.95 206.10 Td (the ) Tj ET Q q 0 0 0 rg BT 381.06 206.10 Td (services ) Tj ET Q q 0 0 0 rg BT 415.16 206.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 452.60 206.10 Td (by ) Tj ET Q q 0 0 0 rg BT 464.50 206.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 483.40 206.10 Td ( ) Tj ET Q q 0 0 0 rg BT 485.29 206.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 512.74 206.10 Td (companies, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 194.10 Td (including ) Tj ET Q q 0 0 0 rg BT 147.39 194.10 Td (human ) Tj ET Q q 0 0 0 rg BT 176.22 194.10 Td (resources, ) Tj ET Q q 0 0 0 rg BT 218.09 194.10 Td (payroll, ) Tj ET Q q 0 0 0 rg BT 250.53 194.10 Td (tax, ) Tj ET Q q 0 0 0 rg BT 266.86 194.10 Td (customs ) Tj ET Q q 0 0 0 rg BT 301.25 194.10 Td (and ) Tj ET Q q 0 0 0 rg BT 317.30 194.10 Td (procurement ) Tj ET Q q 0 0 0 rg BT 369.45 194.10 Td (of ) Tj ET Q q 0 0 0 rg BT 379.39 194.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 419.32 194.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 457.02 194.10 Td (and ) Tj ET Q q 0 0 0 rg BT 473.07 194.10 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 522.47 194.10 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 182.10 Td (for ) Tj ET Q q 0 0 0 rg BT 122.16 182.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.88 182.10 Td (display ) Tj ET Q q 0 0 0 rg BT 168.26 182.10 Td (of ) Tj ET Q q 0 0 0 rg BT 179.09 182.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 198.00 182.10 Td ( ) Tj ET Q q 0 0 0 rg BT 200.50 182.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 228.55 182.10 Td (company ) Tj ET Q q 0 0 0 rg BT 267.70 182.10 Td (logos ) Tj ET Q q 0 0 0 rg BT 291.87 182.10 Td (on ) Tj ET Q q 0 0 0 rg BT 304.37 182.10 Td (the ) Tj ET Q q 0 0 0 rg BT 319.09 182.10 Td (Formula ) Tj ET Q q 0 0 0 rg BT 355.48 182.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 362.98 182.10 Td (cars;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 158.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 90.00 158.10 Td (T) Tj ET Q q 0 0 0 rg BT 95.01 158.10 Td (ransactions with Exor Gr) Tj ET Q q 0 0 0 rg BT 196.59 158.10 Td (oup companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 134.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 134.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.00 134.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 151.34 134.10 Td (incurs ) Tj ET Q q 0 0 0 rg BT 178.56 134.10 Td (rental ) Tj ET Q q 0 0 0 rg BT 204.11 134.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 226.89 134.10 Td (from ) Tj ET Q q 0 0 0 rg BT 249.12 134.10 Td (Iveco ) Tj ET Q q 0 0 0 rg BT 274.11 134.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 302.45 134.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 347.99 134.10 Td (related ) Tj ET Q q 0 0 0 rg BT 377.98 134.10 Td (to ) Tj ET Q q 0 0 0 rg BT 388.54 134.10 Td (the ) Tj ET Q q 0 0 0 rg BT 403.54 134.10 Td (rental ) Tj ET Q q 0 0 0 rg BT 429.09 134.10 Td (of ) Tj ET Q q 0 0 0 rg BT 440.21 134.10 Td (trucks ) Tj ET Q q 0 0 0 rg BT 467.43 134.10 Td (used ) Tj ET Q q 0 0 0 rg BT 488.55 134.10 Td (by ) Tj ET Q q 0 0 0 rg BT 501.33 134.10 Td (the ) Tj ET Q q 0 0 0 rg BT 516.33 134.10 Td (Formula ) Tj ET Q q 0 0 0 rg BT 553.00 134.10 Td (1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 122.10 Td (racing ) Tj ET Q q 0 0 0 rg BT 135.49 122.10 Td (team;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 104.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 104.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.72 104.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 150.77 104.10 Td (earns ) Tj ET Q q 0 0 0 rg BT 174.37 104.10 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 224.65 104.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 258.80 104.10 Td (from ) Tj ET Q q 0 0 0 rg BT 280.73 104.10 Td (Iveco ) Tj ET Q q 0 0 0 rg BT 305.44 104.10 Td (S.p.A.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 74.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 90.00 74.10 Td (T) Tj ET Q q 0 0 0 rg BT 95.01 74.10 Td (ransactions with other r) Tj ET Q q 0 0 0 rg BT 191.04 74.10 Td (elated parties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 50.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 50.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.72 50.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 160.75 50.10 Td (of ) Tj ET Q q 0 0 0 rg BT 171.58 50.10 Td (components ) Tj ET Q q 0 0 0 rg BT 222.41 50.10 Td (for ) Tj ET Q q 0 0 0 rg BT 236.57 50.10 Td (Formula ) Tj ET Q q 0 0 0 rg BT 272.96 50.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 280.46 50.10 Td (racing ) Tj ET Q q 0 0 0 rg BT 307.94 50.10 Td (cars ) Tj ET Q q 0 0 0 rg BT 326.54 50.10 Td (from ) Tj ET Q q 0 0 0 rg BT 348.48 50.10 Td (COXA) Tj ET Q q 0 0 0 rg BT 376.26 50.10 Td ( ) Tj ET Q q 0 0 0 rg BT 378.76 50.10 Td (S.p.A., ) Tj ET Q q 0 0 0 rg BT 409.04 50.10 Td (controlled ) Tj ET Q q 0 0 0 rg BT 452.09 50.10 Td (by ) Tj ET Q q 0 0 0 rg BT 464.59 50.10 Td (Piero ) Tj ET Q q 0 0 0 rg BT 488.20 50.10 Td (Ferrari;) Tj ET Q endstream endobj 121 0 obj <> endobj 122 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 713.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 713.10 Td (consultancy ) Tj ET Q q 0 0 0 rg BT 158.26 713.10 Td (services ) Tj ET Q q 0 0 0 rg BT 192.97 713.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 231.02 713.10 Td (by ) Tj ET Q q 0 0 0 rg BT 243.52 713.10 Td (HPE ) Tj ET Q q 0 0 0 rg BT 264.91 713.10 Td (S.r) Tj ET Q q 0 0 0 rg BT 275.75 713.10 Td (.l., ) Tj ET Q q 0 0 0 rg BT 288.53 713.10 Td (controlled ) Tj ET Q q 0 0 0 rg BT 331.57 713.10 Td (by ) Tj ET Q q 0 0 0 rg BT 344.07 713.10 Td (Piero ) Tj ET Q q 0 0 0 rg BT 367.68 713.10 Td (Ferrari;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 695.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 695.10 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 158.28 695.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 202.42 695.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 235.47 695.10 Td (to ) Tj ET Q q 0 0 0 rg BT 245.74 695.10 Td (Formula ) Tj ET Q q 0 0 0 rg BT 282.13 695.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 289.63 695.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 328.23 695.10 Td (with ) Tj ET Q q 0 0 0 rg BT 348.51 695.10 Td (Ferretti ) Tj ET Q q 0 0 0 rg BT 380.44 695.10 Td (S.p.A.;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 677.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 677.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 126.05 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 136.88 677.10 Td (cars ) Tj ET Q q 0 0 0 rg BT 155.48 677.10 Td (to ) Tj ET Q q 0 0 0 rg BT 165.75 677.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 195.46 677.10 Td (members ) Tj ET Q q 0 0 0 rg BT 234.61 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 245.44 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 260.16 677.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 287.10 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 297.93 677.10 Td (Directors ) Tj ET Q q 0 0 0 rg BT 337.63 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 348.46 677.10 Td (Ferrari ) Tj ET Q q 0 0 0 rg BT 378.17 677.10 Td (N.V) Tj ET Q q 0 0 0 rg BT 393.83 677.10 Td (. ) Tj ET Q q 0 0 0 rg BT 398.83 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 415.76 677.10 Td (Exor) Tj ET Q q 0 0 0 rg BT 434.65 677.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 659.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 647.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 647.10 Td (In ) Tj ET Q q 0 0 0 rg BT 99.66 647.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 145.94 647.10 Td (with ) Tj ET Q q 0 0 0 rg BT 165.05 647.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 182.49 647.10 Td (24, ) Tj ET Q q 0 0 0 rg BT 196.31 647.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 245.40 647.10 Td (with ) Tj ET Q q 0 0 0 rg BT 264.50 647.10 Td (related ) Tj ET Q q 0 0 0 rg BT 293.03 647.10 Td (parties ) Tj ET Q q 0 0 0 rg BT 321.01 647.10 Td (also ) Tj ET Q q 0 0 0 rg BT 338.45 647.10 Td (include ) Tj ET Q q 0 0 0 rg BT 369.21 647.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 426.07 647.10 Td (to ) Tj ET Q q 0 0 0 rg BT 435.18 647.10 Td (Directors, ) Tj ET Q q 0 0 0 rg BT 476.21 647.10 Td (the ) Tj ET Q q 0 0 0 rg BT 489.46 647.10 Td (Audit ) Tj ET Q q 0 0 0 rg BT 513.56 647.10 Td (Committee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 635.10 Td (and ) Tj ET Q q 0 0 0 rg BT 70.94 635.10 Td (managers ) Tj ET Q q 0 0 0 rg BT 111.75 635.10 Td (with ) Tj ET Q q 0 0 0 rg BT 132.03 635.10 Td (strategic ) Tj ET Q q 0 0 0 rg BT 168.40 635.10 Td (responsibilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 623.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 599.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 599.10 Td (The ) Tj ET Q q 0 0 0 rg BT 108.05 599.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 144.43 599.10 Td (of ) Tj ET Q q 0 0 0 rg BT 155.26 599.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 205.53 599.10 Td (with ) Tj ET Q q 0 0 0 rg BT 225.81 599.10 Td (related ) Tj ET Q q 0 0 0 rg BT 255.51 599.10 Td (parties ) Tj ET Q q 0 0 0 rg BT 284.66 599.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 331.03 599.10 Td (in ) Tj ET Q q 0 0 0 rg BT 341.30 599.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.02 599.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 409.06 599.10 Td (income ) Tj ET Q q 0 0 0 rg BT 441.00 599.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 481.82 599.10 Td (are ) Tj ET Q q 0 0 0 rg BT 496.52 599.10 Td (as ) Tj ET Q q 0 0 0 rg BT 507.35 599.10 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 520.60 172.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 520.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 520.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 520.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 520.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 520.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 520.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 520.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 520.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 520.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 520.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 520.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 494.60 172.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 494.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 494.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 494.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 494.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 494.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 494.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 494.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 494.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 494.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 494.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 494.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 468.60 172.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 468.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 468.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 468.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 468.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 468.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 468.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 468.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 468.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 468.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 468.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 468.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 442.60 172.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 442.60 48.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 442.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 442.60 52.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 442.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 442.60 56.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 442.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 442.60 48.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 442.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 442.60 52.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 442.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 442.60 56.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 409.60 172.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 409.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 409.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 409.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 409.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 409.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 409.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 409.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 409.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 409.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 409.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 409.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 383.60 172.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 383.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 383.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 383.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 383.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 383.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 383.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 383.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 383.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 383.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 383.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 383.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 357.60 172.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 225.50 357.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 357.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 357.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 357.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 357.60 56.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 357.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 357.60 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 357.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 357.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 357.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 357.60 56.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 575.6 m 273.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 575.6 m 277.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 575.6 m 329.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 575.6 m 333.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 575.6 m 389.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 575.6 m 393.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 575.6 m 441.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 575.6 m 445.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 575.6 m 497.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 575.6 m 501.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 575.6 m 557.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 575.6 m 273.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 562.6 m 273.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 575.6 m 277.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 562.6 m 277.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 575.6 m 329.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 562.6 m 329.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 575.6 m 333.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 562.6 m 333.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 575.6 m 389.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 562.6 m 389.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 575.6 m 441.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 562.6 m 441.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 575.6 m 445.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 562.6 m 445.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 575.6 m 497.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 562.6 m 497.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 575.6 m 501.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 562.6 m 501.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 575.6 m 557.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 562.6 m 557.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 533.6 m 273.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 562.6 m 329.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 533.6 m 329.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 533.6 m 389.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 533.6 m 441.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 562.6 m 497.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 533.6 m 497.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 533.6 m 557.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 455.6 m 273.5 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 442.6 m 273.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 455.6 m 329.5 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 442.6 m 329.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 455.6 m 389.5 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 442.6 m 389.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 455.6 m 441.5 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 442.6 m 441.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 455.6 m 497.5 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 442.6 m 497.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 455.6 m 557.5 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 442.6 m 557.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 442.6 m 273.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 422.6 m 273.5 422.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 442.6 m 329.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 422.6 m 329.5 422.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 442.6 m 389.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 422.6 m 389.5 422.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 442.6 m 441.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 422.6 m 441.5 422.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 442.6 m 497.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 422.6 m 497.5 422.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 442.6 m 557.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 422.6 m 557.5 422.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 370.6 m 273.5 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 370.6 m 329.5 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 370.6 m 389.5 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 370.6 m 441.5 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 370.6 m 497.5 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 357.6 m 497.5 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 370.6 m 557.5 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 357.6 m 273.5 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 357.6 m 329.5 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 357.6 m 389.5 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 357.6 m 441.5 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 357.6 m 497.5 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 357.6 m 557.5 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 344.6 m 273.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 332.6 m 273.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 225.5 330.6 m 273.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 344.6 m 329.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 332.6 m 329.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 330.6 m 329.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 344.6 m 389.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 332.6 m 389.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 330.6 m 389.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 344.6 m 441.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 332.6 m 441.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 330.6 m 441.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 344.6 m 497.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 332.6 m 497.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 330.6 m 497.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 344.6 m 557.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 332.6 m 557.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 330.6 m 557.5 330.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.00 580.00 Td (For) Tj ET Q q 0 0 0 rg BT 326.83 580.00 Td ( the nine months ended September) Tj ET Q q 0 0 0 rg BT 459.42 580.00 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.00 567.00 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.00 567.00 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 242.25 547.05 Td (Net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.05 538.05 Td (r) Tj ET Q q 0 0 0 rg BT 235.96 538.05 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 287.95 538.05 Td (Costs ) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 311.20 542.13 Td (\(1\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.35 547.05 Td (Net financial ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.25 538.05 Td (expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.25 547.05 Td (Net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.05 538.05 Td (r) Tj ET Q q 0 0 0 rg BT 403.88 538.05 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.95 538.05 Td (Costs ) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 479.20 542.13 Td (\(1\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.35 547.05 Td (Net financial ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.25 538.05 Td (expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 368.35 524.86 Td (\( thousand\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 512.00 Td (FCA) Tj ET Q q 0 0 0 rg BT 74.00 512.00 Td ( Gr) Tj ET Q q 0 0 0 rg BT 87.08 512.00 Td (oup companies) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 498.86 Td (Maserati) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 240.75 498.86 Td (176,331) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.75 498.86 Td (2,298) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.00 498.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.75 498.86 Td (246,191) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.75 498.86 Td (4,736) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 498.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 485.86 Td (FCA) Tj ET Q q 0 0 0 rg BT 73.26 485.86 Td ( US LLC) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.00 485.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 301.25 485.86 Td (24,720) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.00 485.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 429.00 485.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.25 485.86 Td (37,793) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 485.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 472.86 Td (Magneti Marelli) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 249.75 472.86 Td (1,172) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 301.25 472.86 Td (30,283) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.00 472.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 417.75 472.86 Td (1,432) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.25 472.86 Td (23,584) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 472.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 459.86 Td (Other FCA) Tj ET Q q 0 0 0 rg BT 95.75 459.86 Td ( Group companies) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 249.75 459.86 Td (5,594) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.75 459.86 Td (5,615) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 362.75 459.86 Td (\(1,203) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.00 459.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 417.75 459.86 Td (4,800) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.75 459.86 Td (5,451) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.50 459.86 Td (\(853) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.00 459.86 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 447.00 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 447.00 Td (otal FCA) Tj ET Q q 0 0 0 rg BT 95.92 447.00 Td ( Gr) Tj ET Q q 0 0 0 rg BT 109.01 447.00 Td (oup companies) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 240.75 447.00 Td (183,097) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 447.00 Td (62,916) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.75 447.00 Td (\(1,203) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 447.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.75 447.00 Td (252,423) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.25 447.00 Td (71,564) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.50 447.00 Td (\(853) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 554.00 447.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 434.00 Td (Exor) Tj ET Q q 0 0 0 rg BT 74.83 434.00 Td ( Gr) Tj ET Q q 0 0 0 rg BT 87.92 434.00 Td (oup companies \(excluding the FCA) Tj ET Q q 0 0 0 rg BT 221.93 434.00 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 425.05 Td (Gr) Tj ET Q q 0 0 0 rg BT 66.83 425.05 Td (oup\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 256.50 427.05 Td (240) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.50 427.05 Td (128) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.00 427.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.50 427.05 Td (152) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.00 427.05 Td (79) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 427.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 414.00 Td (Other) Tj ET Q q 0 0 0 rg BT 78.91 414.00 Td ( r) Tj ET Q q 0 0 0 rg BT 84.99 414.00 Td (elated parties) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 400.86 Td (COXA) Tj ET Q q 0 0 0 rg BT 81.25 400.86 Td ( S.p.A.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 265.50 400.86 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.75 400.86 Td (4,897) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.00 400.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 429.00 400.86 Td (45) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.75 400.86 Td (4,413) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 400.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 387.86 Td (HPE S.r) Tj ET Q q 0 0 0 rg BT 85.01 387.86 Td (.l.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.00 387.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.75 387.86 Td (4,273) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.00 387.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 429.00 387.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.75 387.86 Td (5,002) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 387.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 374.86 Td (Other related parties) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 256.50 374.86 Td (813) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 317.00 374.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.00 374.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 417.75 374.86 Td (1,938) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.00 374.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.00 374.86 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 362.00 Td (T) Tj ET Q q 0 0 0 rg BT 61.59 362.00 Td (otal other) Tj ET Q q 0 0 0 rg BT 98.33 362.00 Td ( r) Tj ET Q q 0 0 0 rg BT 104.42 362.00 Td (elated parties) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 256.50 362.00 Td (819) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.75 362.00 Td (9,170) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.00 362.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.75 362.00 Td (1,983) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.75 362.00 Td (9,415) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 362.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 349.00 Td (T) Tj ET Q q 0 0 0 rg BT 61.59 349.00 Td (otal transactions with r) Tj ET Q q 0 0 0 rg BT 150.34 349.00 Td (elated parties) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 240.75 349.00 Td (184,156) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 349.00 Td (72,214) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.75 349.00 Td (\(1,203) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 349.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.75 349.00 Td (254,558) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.25 349.00 Td (81,058) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.50 349.00 Td (\(853) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 554.00 349.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 336.00 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 336.00 Td (otal for) Tj ET Q q 0 0 0 rg BT 89.25 336.00 Td ( the Gr) Tj ET Q q 0 0 0 rg BT 116.58 336.00 Td (oup) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 234.00 336.00 Td (2,574,836) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 290.00 336.00 Td (1,463,046) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.25 336.00 Td (\(15,075) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 336.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.00 336.00 Td (2,576,957) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.00 336.00 Td (1,515,285) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 336.00 Td (\(24,910) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 554.00 336.00 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 320.10 Td (______________________________) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 310.50 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 72.00 310.50 Td (Costs include cost of sales, selling, general and administrative costs and other expenses/\(income\), net.) Tj ET Q endstream endobj 123 0 obj <> endobj 124 0 obj <> stream BT /F1 12.00 Tf ET q 0 0 0 rg BT 294.65 32.20 Td (F-28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 72.00 713.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 713.10 Td (Non-financial assets and liabilities originating from related party transactions are as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 647.60 106.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 160.50 647.60 53.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 647.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 217.50 647.60 42.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 647.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 647.60 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 647.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 647.60 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 647.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 647.60 53.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 647.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 647.60 42.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 647.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 647.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 647.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 647.60 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 621.60 106.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 160.50 621.60 53.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 621.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 217.50 621.60 42.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 621.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 621.60 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 621.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 621.60 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 621.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 621.60 53.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 621.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 621.60 42.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 621.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 621.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 621.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 621.60 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 595.60 106.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 160.50 595.60 53.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 595.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 217.50 595.60 42.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 595.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 595.60 44.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 595.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 595.60 47.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 595.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 595.60 53.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 595.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 595.60 42.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 595.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 595.60 43.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 595.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 595.60 46.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 551.60 106.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 160.50 551.60 53.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 551.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 217.50 551.60 42.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 551.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 551.60 44.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 551.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 551.60 47.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 551.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 551.60 53.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 551.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 551.60 42.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 551.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 551.60 43.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 551.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 551.60 46.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 508.60 106.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 160.50 508.60 53.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 508.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 217.50 508.60 42.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 508.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 508.60 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 508.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 508.60 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 508.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 508.60 53.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 508.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 508.60 42.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 508.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 508.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 508.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 508.60 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 482.60 106.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 160.50 482.60 53.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 482.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 217.50 482.60 42.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 482.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 482.60 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 482.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 482.60 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 482.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 482.60 53.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 482.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 482.60 42.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 482.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 482.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 482.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 482.60 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 446.60 106.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 160.50 446.60 53.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 446.60 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 217.50 446.60 42.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 446.60 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 446.60 44.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 446.60 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 446.60 47.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 446.60 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 446.60 53.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 446.60 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 446.60 42.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 446.60 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 446.60 43.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 446.60 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 446.60 46.00 -21.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 160.5 689.6 m 213.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 689.6 m 217.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 689.6 m 259.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 689.6 m 263.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 689.6 m 307.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 689.6 m 311.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 689.6 m 358.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 689.6 m 415.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 689.6 m 419.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 689.6 m 461.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 689.6 m 465.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 689.6 m 508.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 689.6 m 512.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 689.6 m 558.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 160.5 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ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.00 473.86 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 460.05 Td (T) Tj ET Q q 0 0 0 rg BT 62.59 460.05 Td (otal other) Tj ET Q q 0 0 0 rg BT 99.33 460.05 Td ( r) Tj ET Q q 0 0 0 rg BT 105.42 460.05 Td (elated) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 451.05 Td (parties) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 196.50 451.05 Td (352) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 235.75 451.05 Td (1,259) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 295.00 451.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.50 451.05 Td (459) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.50 451.05 Td (268) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.75 451.05 Td (2,289) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.00 451.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 451.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 438.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.59 438.00 Td (otal transactions with) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 429.00 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rg BT 279.25 417.00 Td (73,920) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.75 417.00 Td (621,148) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.75 417.00 Td (239,410) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 428.75 417.00 Td (607,505) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.25 417.00 Td (45,41) Tj ET Q q 0 0 0 rg BT 500.50 417.00 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 417.00 Td (620,350) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 389.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 389.10 Td (Current ) Tj ET Q q 0 0 0 rg BT 123.17 389.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 160.78 389.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 186.73 389.10 Td (at ) Tj ET Q q 0 0 0 rg BT 196.57 389.10 Td (September ) Tj ET Q q 0 0 0 rg BT 241.96 389.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 257.08 389.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 279.71 389.10 Td (included ) Tj ET Q q 0 0 0 rg BT 316.77 389.10 Td (3,250 ) Tj ET Q q 0 0 0 rg BT 346.89 389.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 385.63 389.10 Td (related ) Tj ET Q q 0 0 0 rg BT 415.45 389.10 Td (to ) Tj ET Q q 0 0 0 rg BT 425.85 389.10 Td (other ) Tj ET Q q 0 0 0 rg BT 449.03 389.10 Td (FCA) Tj ET Q q 0 0 0 rg BT 467.93 389.10 Td ( ) Tj ET Q q 0 0 0 rg BT 470.55 389.10 Td (Group ) Tj ET Q q 0 0 0 rg BT 498.73 389.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 544.12 389.10 Td (\(nil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 377.10 Td (at ) Tj ET Q q 0 0 0 rg BT 63.96 377.10 Td (December ) Tj ET Q q 0 0 0 rg BT 107.78 377.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 123.03 377.10 Td (2017\). ) Tj ET Q q 0 0 0 rg BT 151.40 377.10 Td (There ) Tj ET Q q 0 0 0 rg BT 177.46 377.10 Td (were ) Tj ET Q q 0 0 0 rg BT 199.63 377.10 Td (no ) Tj ET Q q 0 0 0 rg BT 212.37 377.10 Td (other ) Tj ET Q q 0 0 0 rg BT 235.66 377.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 273.38 377.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 299.45 377.10 Td (or ) Tj ET Q q 0 0 0 rg BT 310.52 377.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 348.25 377.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 388.20 377.10 Td (originating ) Tj ET Q q 0 0 0 rg BT 434.83 377.10 Td (from ) Tj ET Q q 0 0 0 rg BT 457.01 377.10 Td (related ) Tj ET Q q 0 0 0 rg BT 486.95 377.10 Td (party ) Tj ET Q q 0 0 0 rg BT 510.24 377.10 Td (transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 365.10 Td (at ) Tj ET Q q 0 0 0 rg BT 63.72 365.10 Td (September ) Tj ET Q q 0 0 0 rg BT 108.98 365.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 123.98 365.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 146.48 365.10 Td (and ) Tj ET Q q 0 0 0 rg BT 163.42 365.10 Td (December ) Tj ET Q q 0 0 0 rg BT 207.00 365.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 222.00 365.10 Td (2017.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 341.10 Td (28. ENTITY) Tj ET Q q 0 0 0 rg BT 111.43 341.10 Td (-WIDE DISCLOSURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 317.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 317.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.76 317.10 Td (following ) Tj ET Q q 0 0 0 rg BT 148.86 317.10 Td (table ) Tj ET Q q 0 0 0 rg BT 170.50 317.10 Td (presents ) Tj ET Q q 0 0 0 rg BT 205.48 317.10 Td (an ) Tj ET Q q 0 0 0 rg BT 217.13 317.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 251.56 317.10 Td (of ) Tj ET Q q 0 0 0 rg BT 262.10 317.10 Td (net ) Tj ET Q q 0 0 0 rg BT 276.53 317.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 314.28 317.10 Td (by ) Tj ET Q q 0 0 0 rg BT 326.49 317.10 Td (geographic ) Tj ET Q q 0 0 0 rg BT 373.13 317.10 Td (location ) Tj ET Q q 0 0 0 rg BT 407.55 317.10 Td (of ) Tj ET Q q 0 0 0 rg BT 418.10 317.10 Td (the ) Tj ET Q q 0 0 0 rg BT 432.52 317.10 Td (Group) Tj ET Q q 0 0 0 rg BT 460.85 317.10 Td (s ) Tj ET Q q 0 0 0 rg BT 466.96 317.10 Td (customers ) Tj ET Q q 0 0 0 rg BT 509.72 317.10 Td (for ) Tj ET Q q 0 0 0 rg BT 523.59 317.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.02 317.10 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 305.10 Td (and ) Tj ET Q q 0 0 0 rg BT 70.94 305.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.16 305.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.66 305.10 Td (months ) Tj ET Q q 0 0 0 rg BT 122.60 305.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 148.98 305.10 Td (September ) Tj ET Q q 0 0 0 rg BT 194.24 305.10 Td (30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.74 305.10 Td ( ) Tj ET Q q 0 0 0 rg BT 209.24 305.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.24 305.10 Td ( ) Tj ET Q q 0 0 0 rg BT 231.74 305.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.68 305.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.68 305.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 232.60 268.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 232.60 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 232.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 232.60 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 232.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 232.60 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 232.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 232.60 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 204.60 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 204.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 204.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 204.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 204.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 204.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 204.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 204.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 53.50 174.60 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 174.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 174.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 174.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 174.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 174.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 174.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 174.60 56.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 259.6 m 377.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 259.6 m 381.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 259.6 m 437.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 259.6 m 497.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 259.6 m 501.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 259.6 m 557.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 259.6 m 377.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 245.60000000000002 m 377.5 245.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 259.6 m 381.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 259.6 m 437.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 245.60000000000002 m 437.5 245.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 259.6 m 497.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 245.60000000000002 m 497.5 245.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 259.6 m 557.5 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 245.60000000000002 m 557.5 245.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 159.60000000000002 m 557.5 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 159.60000000000002 m 377.5 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 146.60000000000002 m 377.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 144.60000000000002 m 377.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 159.60000000000002 m 381.5 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 146.60000000000002 m 381.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 144.60000000000002 m 381.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 159.60000000000002 m 437.5 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 146.60000000000002 m 437.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 144.60000000000002 m 437.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 159.60000000000002 m 497.5 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 146.60000000000002 m 497.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 144.60000000000002 m 497.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 159.60000000000002 m 557.5 159.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 146.60000000000002 m 557.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 144.60000000000002 m 557.5 144.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.90 273.05 Td (For) Tj ET Q q 0 0 0 rg BT 339.81 273.05 Td ( the thr) Tj ET Q q 0 0 0 rg BT 368.14 273.05 Td (ee months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.55 264.05 Td (September) Tj ET Q q 0 0 0 rg BT 392.96 264.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.55 273.05 Td (For) Tj ET Q q 0 0 0 rg BT 461.46 273.05 Td ( the nine months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.55 264.05 Td (September) Tj ET Q q 0 0 0 rg BT 512.96 264.05 Td ( 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.00 250.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.00 250.05 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.00 250.05 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.00 250.05 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 418.85 236.85 Td (\( thousand\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 223.06 Td (Italy) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.75 223.06 Td (1) Tj ET Q q 0 0 0 rg BT 349.25 223.06 Td (15,106) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.75 223.06 Td (153,733) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.75 223.06 Td (348,422) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 223.06 Td (435,726) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 209.06 Td (Other EMEA) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.75 209.06 Td (332,759) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.75 209.06 Td (307,457) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.00 209.06 Td (1,043,932) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 518.00 209.06 Td (1,01) Tj ET Q q 0 0 0 rg BT 533.75 209.06 Td (1,087) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 194.06 Td (Americas ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 92.73 198.14 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.75 194.06 Td (225,144) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.75 194.06 Td (232,949) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.75 194.06 Td (697,1) Tj ET Q q 0 0 0 rg BT 485.00 194.06 Td (12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 194.06 Td (664,965) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 179.06 Td (China, Hong Kong and ) Tj ET Q q 0 0 0 rg BT 141.58 179.06 Td (T) Tj ET Q q 0 0 0 rg BT 146.45 179.06 Td (aiwan \(on a combined basis\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.25 179.06 Td (62,435) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.25 179.06 Td (68,502) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.75 179.06 Td (206,506) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 179.06 Td (212,886) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.00 164.06 Td (Rest of ) Tj ET Q q 0 0 0 rg BT 83.50 164.06 Td (AP) Tj ET Q q 0 0 0 rg BT 94.18 164.06 Td (AC ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 108.93 168.14 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.75 164.06 Td (102,736) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.25 164.06 Td (73,274) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.75 164.06 Td (278,864) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 524.75 164.06 Td (252,293) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 150.05 Td (T) Tj ET Q q 0 0 0 rg BT 61.18 150.05 Td (otal net r) Tj ET Q q 0 0 0 rg BT 96.00 150.05 Td (evenues) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.75 150.05 Td (838,180) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.75 150.05 Td (835,915) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.00 150.05 Td (2,574,836) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.00 150.05 Td (2,576,957) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 134.10 Td (______________________________) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 54.00 124.50 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 72.00 124.50 Td (Americas includes the United States of ) Tj ET Q q 0 0 0 rg BT 197.61 124.50 Td (America, Canada, Mexico, the Caribbean and Central and South ) Tj ET Q q 0 0 0 rg BT 408.11 124.50 Td (America.) 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