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## **DE3(8F!G3DH(FI(8D(JGK8(L** 

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## **DE3(8F!G3DH(FI(8D(JGK8(L** 

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## **":;!<=>?;"@!=A!<"!B?C<!D!** 

## **"EC<";;<F!E;B=E"! A=E!":;!@;GE!;HI;I!95!I;>;JK;E!3434!** 

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

## **<*'-.*-'/L!M,N/'0(0./L!(0&!O(0(M/O/0*! !** 

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## **=PQ/.*$N/%!(0&!(.*$N$*$/%! !** 

'(%!9(#)/,:!4#+!63)8%5!@:!0)7(@/+(3-!\#)7%1!]%6%@E)%!/.!;NOO!,3!-)383,%!,(%!,)#5/,/3.#1!,%#7(/.$+!#.5!1/,*)$:! 36!,(%!238#.!9#,(31/7!9(*)7(!-)/8#)/1:!/.!,(%!K./,%5!L/.$538!#.5!,3!-)3E/5%!%5*7#,/3.#1!+%)E/7%+A! 

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## **":;!<=>?;"@!=A!<"!B?C<!D!** 

## **"EC<";;<F!E;B=E"! A=E!":;!@;GE!;HI;I!95!I;>;JK;E!3434!** 

## '(%!-*@1/7!@%.%6/,!36!,(%!9(#)/,:D+!#7,/E/,/%+!/.71*5%c! 

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## **?O+(.*!,)!>,N$&R57** 

]37W534.+!5*)/.$!,(%!:%#)!#5E%)+%1:!#66%7,%5!,(%!3-%)#,/3.!36!7(#-%1+!#.5!,(%!F7(331C!@*,!#1+3!377#+/3.%5!,(%! )#-/5!5%E%13-8%.,!36!1/E%+,)%#8!5%1/E%):!36!)%1/$/3*+!+%)E/7%+!#.5!3.1/.%!,%#7(/.$A!2%$*1#)!53.#,/3.!/.738%! 5%7)%#+%5!3.1:!+1/$(,1:!,(#.W+!,3!,(%!13:#1,:!#.5!$%.%)3+/,:!36!3*)!+*--3),%)+A! 

## **?O+(.*!,)!K'/S$*!** 

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## **":;!<=>?;"@!=A!<"!B?C<!D!** 

## **"EC<";;<F!E;B=E"! A=E!":;!@;GE!;HI;I!95!I;>;JK;E!3434!** 

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## **B',Q/.*%!** 

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## **A$0(0.$(T!'/N$/U! !** 

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"#$%! e! 



## **":;!<=>?;"@!=A!<"!B?C<!D!** 

## **"EC<";;<F!E;B=E"! A=E!":;!@;GE!;HI;I!95!I;>;JK;E!3434!** 

## **E/%/'N/%!+,T$.V!** 

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## **E$%W%! !** 

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## **H,'O(T!'$%W%!.,0%$&/'/&!('/!(%!),TT,U%8!** 

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## **;S./+*$,0(T!'$%W%!.,0%$&/'/&!('/!(%!),TT,U%8R! !** 

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## **BT(0%!),'!)-*-'/!+/'$,&%! !** 

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"#$%! S! 



THE SOCIEfY OF ST PIUS X
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
Appro
rder ofthe Members ofthe Board of Truste￿ and *ned on its behalf by..
John Crosflold VernoAIIigs
Trustee
Date.. 161h D90 2021
Th• Reverond Robort BTucclanl
Trusteg
Paga 6

ThE 80CIEfY OF ST PIUS X
STATEMENT OF TRUSTEES. RESPONSI8ILmES
FOR THE YEAR ENDED 31 DECEMBER 2020
The Trustees are responsible for preparing the Trustees. Report and the fiftanc1￿ statements in accordance
th applicable law and United Kingdom Accounting StarKtsrds (United lfjngdom Generally Acxepled
Accounting Practi￿1.
Th8 law applicable to Gharib9$ in England & Wales and Scotland requir8s th6 Trustses to prepare finartcial
ststemenls for each financlal ye8r which give a true and falr of the stste of affairs of the Charity and of its
incoming resources and appltcalbn of resources, including its income and oxpenditure, for that period. In
preparing Ihase financial statements. the TrLtstoes are required to..
select suitable accounting pollcies and then apply them o)nsistentty:
obs9rve the methods and principles of Ihe Charities SORP (FRS 1021.,
make judgements and ac￿nting estimates that are reasonable and prudentr,
state whether applicable UK Accounth"ng Stsndards IFRS 102) have been followed. subled to any
material departures disdosed and oxp18ined in the flnanclal statements.,
prepare the financial ststements on the going ￿nC8M basis un18Sg it is inapproprkate to presume that the
Charity wlll continue In bu8ln85s.
Th8 TTUStees are responsible for keeping proper accounting records that are sufficient to show and explain the
Chartvs transactions and disclose with fe8sonable accuracy al any time the financial posilion of the Charity and
enable them to ensure that the financial stslements comply with the Chariti8s Act 2011. the Charity {A￿OUnts
and Reports) Regulations 2008. the Charities and Trustee Investment {ScotL8ndl Act 2005, the Chartties
Accounts Iscodand) RagulatK>nS 2006 las amended) and the provision5 of the Twst deed. They are also
responsible for safegu8rdirsg the assets of the Charity ar￿ hence for taking reasonable steps for the pr8ventlon
and detection of fr8ud and other irregularities.
e Membors ofthe Board ofTrustses and on its bohaw by:
Approved b
Jo
Crosfield Vomor4111es
tee
Date:
The Rovernnd Itobort BTucclani
Twstee
16th D8c 2021
Page 7

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## **!:495/,%:4,($*5#&%4+(&:(+:%4+(9:49*$4** 

U4'";57974#'90$'E74"4>7"D'89"9$?$498a'G$'0"2$'>:4>D;5$5'90"9'90$'/3;89$$8]';8$':E'90$'#:74#'>:4>$34'@"878':E ">>:;4974#' 74' 90$' L3$L"3"97:4' :E' 90$' E74"4>7"D' 89"9$?$498' 78' "LL3:L37"9$_' d;3' $2"D;"97:4' :E' 90$' /3;89$$8g "88$88?$49':E'90$'$4979Vg8'"@7D79V'9:'>:4974;$'9:'"5:L9'90$'#:74#'>:4>$34'@"878':E'">>:;4974#'74>D;5$5'>3797>"D 3$27$G8':E'@;5#$98'"45'E:3$>"898'L3:275$5_ 

K"8$5':4'90$'G:3Y'G$'0"2$'L$3E:3?$5a'G$'0"2$'4:9'75$497E7$5'"4V'?"9$37"D';4>$39"7497$8'3$D"974#'9:'$2$498':3 >:45797:48'90"9a'7457275;"DDV':3'>:DD$>972$DVa'?"V'>"89'87#47E7>"49'5:;@9':4'90$'60"379V]8'"@7D79V'9:'>:4974;$'"8'" #:74#' >:4>$34' E:3' "' L$37:5' :E' "9' D$"89' 9G$D2$' ?:4908' E3:?' G0$4' 90$' E74"4>7"D' 89"9$?$498' "3$' ";90:378$5' E:3 788;$_ 

d;3'3$8L:487@7D797$8'"45'90$'3$8L:487@7D797$8':E'90$'/3;89$$8'G790'3$8L$>9'9:'#:74#'>:4>$34'"3$'5$8>37@$5'74'90$ 3$D$2"49'8$>97:48':E'9078'3$L:39_ 

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## **DE3(8F!G3DH(FI(8D(JGK8(L** 

## **G.O3J3.O3.D(NKOGDF)8M()3JF)D(DF(DE3(D)K8D338(FI(DE3(8F!G3DH(FI(8D(JGK8(L 2!F.DG.K3O;** 

## **F&"*$(%4U:$0#&%:4** 

/0$' /3;89$$8' "3$' 3$8L:487@D$' E:3' 90$' :90$3' 74E:3?"97:4_' /0$' :90$3' 74E:3?"97:4' >:?L378$8' 90$' 74E:3?"97:4 74>D;5$5'74'90$'T44;"D'1$L:39a':90$3'90"4'90$'E74"4>7"D'89"9$?$498'"45':;3'T;579:38]'1$L:39'90$3$:4_'d;3':L747:4 :4'90$'E74"4>7"D'89"9$?$498'5:$8'4:9'>:2$3'90$':90$3'74E:3?"97:4'"45'G$'5:'4:9'$OL3$88'"4V'E:3?':E'"88;3"4>$ >:4>D;87:4'90$3$:4_ 

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C$'0"2$'4:9074#'9:'3$L:39'74'9078'3$#"35_ 

## **Q#&&*$,(:4(Y"%9"(Y*(#$*($*^/%$*-(&:($*X:$&(1'(*_9*X&%:4** 

C$' 0"2$' 4:9074#' 9:' 3$L:39' 74' 3$8L$>9' :E' 90$' E:DD:G74#' ?"99$38' G0$3$' 90$' 60"3797$8' <T>>:;498' "45' 1$L:398B 1$#;D"97:48'&AA+'"45'90$'60"3797$8'T>>:;498'<Q>:9D"45B'1$#;D"97:48'&AA)'<"8'"?$45$5B'3$\;73$8';8'9:'3$L:39 9:'V:;'7Ea'74':;3':L747:4b 

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- ! G$'0"2$'4:9'3$>$72$5'"DD'90$'74E:3?"97:4'"45'$OLD"4"97:48'G$'3$\;73$'E:3':;3'";579_ 

## **)*,X:4,%1%5%&%*,(:U(D$/,&**,** 

T8' $OLD"74$5' ?:3$' E;DDV' 74' 90$' Q9"9$?$49' :E' /3;89$$8]' 1$8L:487@7D797$8a' 90$' /3;89$$8' "3$' 3$8L:487@D$' E:3' 90$ L3$L"3"97:4' :E' 90$' E74"4>7"D' 89"9$?$498' G07>0' #72$' "' 93;$' "45' E"73' 27$Ga' "45' E:3' 8;>0' 749$34"D' >:493:D' "8' 90$ /3;89$$8'5$9$3?74$'78'4$>$88"3V'9:'$4"@D$'90$'L3$L"3"97:4':E'E74"4>7"D'89"9$?$498'90"9'"3$'E3$$'E3:?'?"9$37"D ?7889"9$?$49a'G0$90$3'5;$'9:'E3";5':3'$33:3_ 

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## **DE3(8F!G3DH(FI(8D(JGK8(L** 

## **G.O3J3.O3.D(NKOGDF)8M()3JF)D(DF(DE3(D)K8D338(FI(DE3(8F!G3DH(FI(8D(JGK8(L 2!F.DG.K3O;** 

## **N/-%&:$,M($*,X:4,%1%5%&%*,(U:$(&"*(#/-%&(:U(&"*(U%4#49%#5(,&#&*0*4&,** 

C$'0"2$'@$$4'"LL:749$5'"8'";579:3';45$3'8$>97:4'%--':E'90$'60"3797$8'T>9'&A%%'"45'8$>97:4'--<%B<>B':E'90$ 60"3797$8' "45' /3;89$$' U42$89?$49' <Q>:9D"45B' T>9' &AA.' "45' 3$L:39' 74' ">>:35"4>$' G790' 90$' T>9' "45' 3$D$2"49 3$#;D"97:48'?"5$':3'0"274#'$EE$>9'90$3$;45$3_ 

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K$>";8$':E'90$'740$3$49'D7?79"97:48':E'"4'";579a'90$3$'78'"'378Y'90"9'G$'G7DD'4:9'5$9$>9'"DD'733$#;D"3797$8a'74>D;574# 90:8$'D$"574#'9:'"'?"9$37"D'?7889"9$?$49'74'90$'E74"4>7"D'89"9$?$498':3'4:4(>:?LD7"4>$'G790'3$#;D"97:4_'/078'378Y 74>3$"8$8' 90$' ?:3$' 90"9' >:?LD7"4>$' G790' "' D"G' :3' 3$#;D"97:4' 78' 3$?:2$5' E3:?' 90$' $2$498' "45' 93"48">97:48 3$ED$>9$5'74'90$'E74"4>7"D'89"9$?$498a'"8'G$'G7DD'@$'D$88'D7Y$DV'9:'@$>:?$'"G"3$':E'7489"4>$8':E'4:4(>:?LD7"4>$_ /0$' 378Y' 78' "D8:' #3$"9$3' 3$#"3574#' 733$#;D"3797$8' :>>;3374#' 5;$' 9:' E3";5' 3"90$3' 90"4' $33:3a' "8' E3";5' 742:D2$8 749$497:4"D'>:4>$"D?$49a'E:3#$3Va'>:DD;87:4a':?7887:4':3'?783$L3$8$49"97:4_ 

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## **DE3(8F!G3DH(FI(8D(JGK8(L** 

## **G.O3J3.O3.D(NKOGDF)8M()3JF)D(DF(DE3(D)K8D338(FI(DE3(8F!G3DH(FI(8D(JGK8(L 2!F.DG.K3O;** 

## **K,*(:U(:/$($*X:$&** 

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## **QEN(Q#9G4&'$*(E/-,:4** 

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## **DE3(8F!G3DH(FI(8D(JGK8(L** 

## **8DND3Q3.D(FI(IG.N.!GNP(N!DGZGDG38 IF)(DE3(H3N)(3.O3O(RS(O3!3QT3)(=C=C** 

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THE SOCIEfY OF ST PIUS X
BALANCE SHEET
AS AT 31 DECEMBER 2020
As restated As rnslated
2019
2019
2020
Fixed assets
Tangiblg a88ets
Inv8$thients
15
16
10.343,604
4981.176
10,895.439
3,742. 181
15.324.779
14,637,620
Currenl a$￿tr
Stocks
Debtors
Prop8ty held for sale
Cash at bank and in hand
17
18
15
23
15.000
524.21S
260,000
692.190
15.000
361,457
223.517
IN81A05
599,974
Credrtors.. amounts f8111ng dug within one
year
19
(108,024)
(270.433)
Nèt Currnnt a880ts
1,373.381
329,541
Tot•l net a•g•ts
18.698,160
14,967, 161
Charlty lund•
Reslrkted fund8
Unrestricted funds
20
20
1.326,025
15,372.135
1,220,735
13,746,426
Total fund8
16,698.180
14,967, 161
The th8ncAal statgments wore approved and authorf89J for i88ug by the Truslegs and Signed on thgir khalf by:
John
Tru
Da
•rnor
The Reverend Robert Bru¢cianl
Trustee
16th Deo 2021
The notes on pages 15 to 38 fomi part of the88 financkgl ststemnts.
Page 13

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/"4#7@D$' E7O$5' "88$98' "3$' 74797"DDV' 3$>:#478$5' "9' >:89_' TE9$3' 3$>:#4797:4a' ;45$3' 90$' >:89' ?:5$Da 9"4#7@D$' E7O$5' "88$98' "3$' ?$"8;3$5' "9' >:89' D$88' ">>;?;D"9$5' 5$L3$>7"97:4' "45' "4V' ">>;?;D"9$5 7?L"73?$49' D:88$8_' TDD' >:898' 74>;33$5' 9:' @374#' "' 9"4#7@D$' E7O$5' "88$9' 749:' 798' 749$45$5' G:3Y74# >:45797:4'80:;D5'@$'74>D;5$5'74'90$'?$"8;3$?$49':E'>:89_ 

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## **=c N99:/4&%4+(X:5%9%*,(29:4&%4/*-;** 

## **=cA D#4+%15*(U%_*-(#,,*&,(#4-(-*X$*9%#&%:4(29:4&%4/*-;** 

=$L3$>7"97:4'78'>0"3#$5'8:'"8'9:'"DD:>"9$'90$'>:89':E'9"4#7@D$'E7O$5'"88$98'D$88'90$73'3$875;"D'2"D;$ :2$3'90$73'$897?"9$5';8$E;D'D72$8_ 

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## **=cSC G4V*,&0*4&,** 

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## **=cSS 8&:9[,** 

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## **=cS= O*1&:$,** 

/3"5$'"45':90$3'5$@9:38'"3$'3$>:#478$5'"9'90$'8$99D$?$49'"?:;49'"E9$3'"4V'93"5$'578>:;49':EE$3$5_ !3$L"V?$498'"3$'2"D;$5'"9'90$'"?:;49'L3$L"75'4$9':E'"4V'93"5$'578>:;498'5;$_ 

## **=cSR !#,"(#&(1#4[(#4-(%4("#4-** 

6"80' "9' @"4Y' "45' 74' 0"45' 74>D;5$8' >"80' "45' 80:39(9$3?' 07#0DV' D7\;75' 742$89?$498' G790' "' 80:39 ?"9;379V' :E' 903$$' ?:4908' :3' D$88'E3:?'90$'5"9$':E'">\;78797:4':3':L$474#':E'90$'5$L:879':3'87?7D"3 ">>:;49_ 

## **=cS? P%#1%5%&%*,(#4-(X$:V%,%:4,** 

N7"@7D797$8'"3$'3$>:#478$5'G0$4'90$3$'78'"4':@D7#"97:4'"9'90$'K"D"4>$'Q0$$9'5"9$'"8'"'3$8;D9':E'"'L"89 $2$49a' 79' 78' L3:@"@D$' 90"9' "' 93"48E$3' :E' $>:4:?7>' @$4$E79' G7DD' @$' 3$\;73$5' 74' 8$99D$?$49a' "45' 90$ "?:;49':E'90$'8$99D$?$49'>"4'@$'$897?"9$5'3$D7"@DV_ 

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## **DE3(8F!G3DH(FI(8D(JGK8(L** 

**.FD38(DF(DE3(IG.N.!GNP(8DND3Q3.D8 IF)(DE3(H3N)(3.O3O(RS(O3!3QT3)(=C=C** 

## **=c N99:/4&%4+(X:5%9%*,(29:4&%4/*-;** 

## **=cSB I%4#49%#5(%4,&$/0*4&,** 

/0$'60"379V':4DV'0:D58'@"87>'E74"4>7"D'74893;?$498_'/0$'E74"4>7"D'"88$98'"45'E74"4>7"D'D7"@7D797$8':E'90$ 60"379V'"3$'"8'E:DD:G8b 

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## **=cS@ FX*$#&%4+(5*#,*,** 

1$49"D8' L"75' ;45$3' :L$3"974#' D$"8$8' "3$' >0"3#$5' 9:' 90$' Q9"9$?$49' :E' M74"4>7"D' T>972797$8' :4' " 893"7#09'D74$'@"878':2$3'90$'D$"8$'9$3?_ 

## **=cS> J*4,%:4,** 

6:4937@;97:48'9:'5$E74$5'>:4937@;97:4'LD"48'"3$'3$>:#478$5'"8'"4'$OL$48$'74'90$'L$37:5'74'G07>0'90$ 3$D"9$5'8$327>$'78'L3:275$5_'!3$L"75'>:4937@;97:48'"3$'3$>:#478$5'"8'"4'"88$9'9:'90$'$O9$49'90"9'90$ L3$L"V?$49'G7DD'D$"5'9:'"'3$5;>97:4'74'E;9;3$'L"V?$498':3'"'>"80'3$E;45_ 

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## **=cSa I/4-(#99:/4&%4+** 

R$4$3"D'E;458'"3$';43$8937>9$5'E;458'G07>0'"3$'"2"7D"@D$'E:3';8$'"9'90$'578>3$97:4':E'90$'/3;89$$8'74 E;390$3"4>$':E'90$'#$4$3"D':@e$>972$8':E'90$'60"379V'"45'G07>0'0"2$'4:9'@$$4'5$87#4"9$5'E:3':90$3 L;3L:8$8_ 

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## **Rc !$%&%9#5(#99:/4&%4+(*,&%0#&*,(#4-(#$*#,(:U(e/-+*0*4&** 

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## **.FD38(DF(DE3(IG.N.!GNP(8DND3Q3.D8 IF)(DE3(H3N)(3.O3O(RS(O3!3QT3)(=C=C** 

## **?c G49:0*(U$:0(-:4#&%:4,(#4-(5*+#9%*,** 

|**O:4#&%:4,**<br>=:4"97:48(X^<br>=:4"97:48(Q>"4574"27"<br>/3"48E$3(Z:390$34U3$D"45<br>N$#">7$8<br>6:3:4"273;8J:@1$9$497:4Q>0$?$R3"49<br>**D:&#5=C=C**|**K4$*,&$%9&*-**<br>**U/4-,**<br>**=C=C**<br>**`**<br>*A%a++*<br>+a&PP<br>%P+aP)%<br>PAPa%-*<br>.)+a,&A<br>%&a*))<br>%a-PAa&,,|**)*,&$%9&*-**<br>**U/4-,**<br>**=C=C**<br>**`**<br>%A,aA+*<br>(<br>(<br>%A,aA+*<br>+.aAP+<br>(<br>%++a%+.|**D:&#5**<br>**U/4-,**<br>**=C=C**<br>**`**<br>**aC?WA>?**<br>**aW=AA**<br>**SAaWA@S**|
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## **Bc G49:0*(U$:0(9"#$%&#15*(#9&%V%&%*,** 

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## **>c 89"::5(U**,** 

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## **DE3(8F!G3DH(FI(8D(JGK8(L** 

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## **SBc D#4+%15*(U%_*-(#,,*&,** 

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## **SAc !$*-%&:$,<(N0:/4&,(U#55%4+(-/*(Y%&"%4(:4*('*#$** 

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