OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

7TM^Ue EQSU_^M`U[Z B[( ,203/*

7[Y\MZe EQSU_^MU[Z B[( *+1+-331 $9ZSXMZP MZP JMXQ_%

?9J>F= @58F# " <>E@F# 6E><589

5BBH5@ E9DCEG 5B8 ;>B5B7>5@ FG5G9A9BGF

;CE G=9 L95E 9B898 -+ A5E7= ,*,+

?9J>F= @58F# " <>E@F# 6E><589

@9<5@ 5B8 58A>B>FGE5G>I9 >B;CEA5G>CB

G^a_`QQ_ KgfZ =i[YZf
KgfZ @dWW`
K[UZSdV FSdeZS^^
CadVS`S Id[UW
CaS``W KS_e
Gad_S` MWddWf) CI
9VS_ LZW^^Wk ?<<9
;Sddk LZ[`W ?<F9
7TM^U`e ZaYNQ^ /5362-
7[Y\MZe ZaYNQ^ -.4.0664
5aPU[^|@WdS^V >VW^_S EEI
40 <ad`Z[^^
EaVa
><0O 0JJ
DM^[Z|AKA MZW Id[UW aX PS^We '9bba[`fWV LWbfW_TWd /-/-(
D^Q_UPQZ` MZW EadV EWhk
7TMU^YMZ Gad_S` MWddWf) CI
=[Z[^M^e G^QM_a^Q^ ;Sddk LZ[`W) ?<F9
7TUQR 9dQOaUbQ $7[Y\MZe FQO^QM^e%GW[^ FSdf[) H;> ;LU 'Aae( F9

?9J>F= @58F# " <>E@F# 6E><589

7CBG9BGF

DMSQ
MdgefWWe& dWbadf . * .-
LfSfW_Wf aX MdgefWWe& dWebae[T[^[f[We ..
BVWbWVW`f SgV[fad&e dWbadf ./ * .2
LfSfW_Wf aX X[S`U[S^ SUf[h[f[We .3 * .4
;S^S`UW eZWWf .5
GafWe fa fZW X[SU[S^ efSfW_W`fe /- * 0-

?9J>F= @58F# " <>E@F# 6E><589

GEHFG99F# E9DCEG

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

MZW ;aSdV aX MdgefWWe [e b^WSeWV fa bdWeWf [fe S``gS^ dWbadf SV SUUagfe Xad fZW CWi[eZ ESVe& % @[d^e& ;d[YSVW 'afZWdi[eW ]aiSe fZW CE@;( Xad fZW kWSd WVWV 0. FSdUZ /-/.+

MZW X[SU[S^ efSfW_Wfe Ua_b^k i[fZ fZW <ZSd[f[We 9Uf /-..) fZW <a_bS[We 9Uf /--3) fZW FW_adSVg_ SV 9df[U^We aX 9eeaU[Sf[aSV 9UUagf[Y SV KWbadf[Y Tk <ZSd[f[We LfSfW_Wf aX KWUa__WVWV IdSUf[UW Sbb^[UST^W fa UZSd[f[We bdWbSd[Y fZW[d SUUagfe [SUUadVSUW i[fZ fZW ?[SU[S^ KWbadf[Y LfSVSdVe Sbb^[UST^W [fZW ND SV BdW^SV '?KL.-/( '>XXWUf[hW . CSgSdk /-.6( SV _WWfe fZW dWcg[dW_Wfe aX S V[dWUfade dWbadf Se dWcg[dWV Tk fZW <a_bS`[We 9Uf+

CNVQOUbQ_ MZP MOUbU`UQ_

IU_U[Z ' 5 D[_UUbQ ;aa^Q R[^ ?QcU_T L[a`T

MZW CE@; efd[hWe fa ZW^b VWhW^ab S eaU[Wfk fZSf hS^gWe CWi[eZ kagY bWab^W SV fZW[d Uafd[Tgf[ae fa fZW[d ^aUS^ SV i[VWd Ua__g[f[We Tk S[_[Y fa _S]W WhWdk WXXadf fa fdS[) VWhW^ab SV egbbadf fZW_ fZdagYZ fZW[d fdSe[f[aXda_ kagY bWdeafa SVg^f ^[XW fa TWUa_W SUf[hW U[f[lWe [` eaU[Wfk+

AU__U[Z FMQYQZ$DaNXUO 6QZQRU%

MZW CE@; fdS[e SV VWhW^abe kagY bWab^W aX fZW CWi[eZ XS[fZ fa dWSUZ fZW[d bafWf[S^ fZdagYZ SUf[hW U[f[lWeZ[b) i[fZ[ TafZ fZW CWi[eZ SV i[VWd Ua__g[fk) W_baiWd[`Y fZW_ fa TWUa_W XgfgdW ^WSVWde aX fa_addai+

MZdagYZ S V[hWdeW dSYW aX WjbWd[WUWe SV SUf[h[f[We fZW CE@; eWW]e fa Wd[UZ fZW ^[hWe aX kagY CWi[eZ bWab^W fZdagYZ [fe ^aUS^) dWY[aS^ SVSf[aS^ XdS_Wiad]+ MZW CE@; dW_ahWe TSdd[Wde fa bSdf[U[bSf[a Tk bdah[V[Y bae[f[hW SUf[h[f[We i[fZ[ S Xg) Xd[WV^k) eSXW SV efdgUfgdWV Wh[da_Wf) fZSf _WWf fZW dW^[Y[age SV Ug^fgdS^WWVe aX fZW CWi[eZ Ua__g`[fk+

MZW CE@; WUagdSYWe Xd[WVeZ[b fZdagYZ SUZ[WhW_Wf) dWUaY[f[aSV bWdeaS^ VWhW^ab_Wf bdaYdS__We) iZ[UZ bdWbSdW SV WST^W kagY CWi[eZ bWab^W fa VWhW^ab fZW WeeWf[S^ ^[XW e][^^e WWVWV fa ZW^b fZW[d fdSe[f[aXda_ kagY bWdea` fa SVg^f ^[XW+

D^UYM^e 5UY_

MZW CE@; bd[_Sdk S[_e SdW fa7

9UZ[Wh[Y fZWeW S[_e i[^^ Wd[UZ fZW ^[hWe aX kagY bWab^W SV ZW^b fZW_ fa TWUa_W YaaV U[f[lWe iZa US _S]W S bae[f[hW Uafd[Tgf[a fa fZW[d aiSV fZW i[VWd Ua__g`[fk+

IMXaQ_

<WfdS^ fa fZW WfZae aX fZW CE@; [e SUf[hW U[f[lWeZ[b SV Y[h[Y TSU] fa eaU[Wfk+ MZW CE@; WUagdSYWe CWi[eZ kagY bWab^W&e [ha^hW_Wf [ha^gfWWd[Y) eaU[S^ SUf[a) [fWdXS[fZ SV [fWdYWWdSf[aS^ bda\WUfe fZSf ZShW S bae[f[hW [_bSUf [ TafZ fZW CWi[eZ SV i[VWd Ua__g[f[We+

?9J>F= @58F# " <>E@F# 6E><589

GEHFG99F# E9DCEG $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

CNVQO`UbQ_

?9J>F= @58F# " <>E@F# 6E><589

GEHFG99F# E9DCEG $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

5OTUQbQYQZ`_ MZP \Q^R[^YMZOQ

=gd[Y fZW kWSd gVWd dWh[Wi fZWdW iWdW ahWd 1)--- kagY bWab^W TWfiWW 5 SV /2 kWSde aX SYW [ W_TWdeZ[b ad SeeaU[SfWV i[fZ fZW adYS[eSf[a+ CE@; egbbadf kagY bWab^W Xda_ ^aUS^ CWi[eZ Ua__g[f[We SUdaee fZW ND) [eb[d[Y SV W_baiWd[Y fZW fa Sj[[eW fZW[d abbadfg[f[We) _S]W YaaV UZa[UWe SV fa gVWdefSV fZW [_badfSUW aX Y[h[Y TSU] fa eaU[Wfk+

CE@; dW_ahWe S^^ TSdd[Wde fa SVVdWee fZW V[eSVhSfSYW fZSf kagY CWi[eZ bWab^W USXSUW SUUWee[Y g[hWdeS^ kagfZ bdah[e[a) ^aUS^ SgfZad[fk eWdh[UWe SVSf[aS^ SUZ[WhW_Wf SiSdVe) Se fZWk aXfWVaaf _WWf fZW[d XS[fZ dWcg[dW_Wfe SV bdSUf[eW+ 9e egUZ) CE@; V[dWUf^k VW^[hWde DaeZWd SV XS[fZ eWe[f[hW bdah[e[ae aX fZW =g]W aX >V[TgdYZ&e 9iSdV) Ra[ CWeWd 9iSdV) GSf[aS^ <[f[lW LWdh[UW SV h[eb[dWV 9iSdV [S^^ CWi[eZ eUZaa^e+ MS][Y bSdf [fZWeW bdaYdS__We [e bdahW fa Wcg[b kagY bWab^W i[fZ fdSeXWddST^W e][^^e fZSf [UdWSeW fZW[d eaU[S^ _aT[^[fk) XadYWe fZW[d CWi[eZ [VWf[fk SV WZSUWe fZW[d W_b^ak_Wf bafW`f[S^+

CE@; TW^[WhWe fZSf [f [e h[fS^ fZSf S^^ CWi[eZ kagY bWab^W ZShW fZW eS_W SUUWee fa fZWeW Z[YZ^k bd[lWV bdaYdS__We) SV fZSf fZWeW ebWU[S^[ef bdah[e[ae SdW UdgU[S^ Xad fZaeW [ adW V[eSVhSfSYWV bSdfe aX agd Ua__g[fk) fZaeW i[fZ iW^XSdW WWVe ad kagYefWde i[fZ bZke[US^ ad ^WSd[Y V[eST[^[f[We Xad iZa fZWeW bdaYdS__We USTW ^[XW*UZSY[`Y+

CE@; iad]e [bSdfWdeZ[b i[fZ eUZaa^e) kagfZ Ydagbe) ekSYaYgWe SV afZWd TaV[We [e_S^^ Ua__g[f[We fZdagYZagf fZW Uagfdk fa VW^[hWd [fe bdaYdS__We SV SiSdV eUZW_We Sf ^aUS^ ^WhW^ fZdagYZ [fe Sf[aS^ `Wfiad]+

MZW [bdWee[hW fWS aX bdaXWee[aS^ efSXX SV ha^gfWWde ZShW fdSeXad_WV fZW CE@; [fa S SiSdV i[[`Y) _aVWd`) fZd[h[`Y S`V [ahSf[hW adYS[eSf[a fZSf ^WSVe fZW iSk) af \gef [ fZW CWi[eZ Ua__g[fk) Tgf [ i[VWd eaU[Wfk [dW_ah[Y TSdd[Wde fa WegdW S^^ kagY bWab^W ZShW Xg^^ SUUWee fa bae[f[hW fdSeXad_Sf[aS^ SUf[h[f[We) SUUdWV[fWV ^WSVWdeZ[b fdS[[Y SV e][^^e VWhW^ab_Wf bdaYdS__We+

PW iWdW ZaagdWV fZSf AKA MZW Id[UW aX PS^We SYdWWV fa fS]W aISfdaSYW aX CE@; [LWbfW_TWd /-/-+ PW ZabW fZ[e SUUa^SVW SV dWUaY[f[a i[^^ bdabW^ CE@; [fa fZWWjf ./2 kWSde SV WST^W ge fa dWSUZ SV egbbadf _Sk _adW kagY bWab^W fZdagYZ agd kagfZ ha^gfWWd[Y SiSdVe SV bdaYdS__We+

5PM`UZS `[ 7CI>8'+3

CE@; O[dfgS^ Uaf[gWV Xad SWf[dW kWSd) Vgd[Y iZ[UZ f[_W iW TdaSVUSef ahWd .-- ^[hW Wb[eaVWe) i[fZ ahWd 02- Zagde aX bdaYdS__W UafWf h[WiWV Tk ahWd 0 _[^^[a bWab^W) [U^gV[Y e][^^e eWee[ae) SUf[hW SV ZWS^fZk iad]eZabe) VS[^k SUfe aX ][VWee SV S ebWU[S^ YgWef WhWdk WhW[Y+ CE@; iWdW ZaagdWV fa TW \a[WV Tk _Sk Ua__g[fk ^WSVWde) WfdWbdWWgde SV ba^[f[U[Se Se iW^^ Se fW^Wh[e[a) ebadfe SV _ge[U bWdeaS^[f[We [U^gV[Y RagfZ F[[efWd =[SS ;SddS) ISdS^k_b[S MS`[ @dWk*MZa_bea) <agfVai bdWeWfWd KSUZW^ K[^Wk) K; egbWdefSd <dS[Y =Sh[V) Ua_WV[S=Sh[V PS^^[S_e SV =[eWk Ua_baeWd 9^S FW]W) Se iW^^ Se Aa^^kiaaV efSde CWXX @Sd^[) IZ[^ KaeWfZS^) ;aT LSYWf) CS_[W EWW <gdf[e S`V <Zd[efabZWd @gWef+

Hgd bd[_Sdk UaUWd iSe Y[h[Y kagY bWab^W ea_WfZ[Y bae[f[hW fa Va SV fa ^aa] XadiSdV fa Vgd[Y S hWdk gUWdfS[SV UZS^^WY[Y f[_W+ MZdagYZ ^WSd[Y Wi e][^^e) ]WWb[Y SUf[hW SV ZWS^fZk) XaUge[Y aZai fZWk Uag^V _S]W S V[XXWdWUW fa afZWde) SV TW[Y WfWdfS[WV SV [eb[dWV Tk ea_W ^WSV[Y YahWd_Wf _[[efWde) ISdS^k_b[Se) UW^WTd[f[We SV UZSd[fk <>Hre) iW S[_WV fa ZShW S bae[f[hW [_bSUf akagY bWab^Wre _WfS^ ZWS^fZ) iW^^*TW[Y SV dWe[^[WUW Vgd[`Y fZ[e f[_W+

CE@; O[dfgS^ iSe eZadf^[efWV [fZW RagfZ Pad] 9iSdV USfWYadk [ fZW /-/- <Z[^VdW% RagY IWab^W Gai 9iSdVe SV ia fZW COG BhWefWU 9iSdV Xad B``ahSf[a [Oa^gfWWd[Y Vgd[Y fZW <ah[V*.6 IS`VW_[U+

PW SdW b^WSeWV fa dWbadf fZSf aef SUf[h[f[We e^ai^k dWfgdWV fa XSUW*fa*XSUW VW^[hWdk Xa^^ai[Y fZW fZ[dV ^aU]Vai[ fZW ND SV Uaf[gW fa TW [ bWdeaSf fZW efSdf aX fZWWi SUSVW[U kWSd+

?9J>F= @58F# " <>E@F# 6E><589

GEHFG99F# E9DCEG $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

7[^Q 5OUbUUQ_

CE@;re UadW SUf[h[f[We [U^gVW ^aUS^ iWW]^k Ydagbe SUdaee fZW Uagfdk S^aYe[VWSf[aS^ WhWfe) dWe[VWf[S^ US_be SV [fWdSf[aS^ fagde+ B adVWd fa UdWSfW iW^^ dagVWV SV SUf[hW U[f[lWe) S^^ CE@; Ydagbe SUdaee fZW Uagfdk Xa^^ai e[j ]Wk ^[XW*WZSU[Y bd[U[b^We) iZ[UZ fWSUZ fdSeXWdST^W e][^^e dW^WhSf fa _aVWdeaU[Wfk+ MZWeW SdW8 <dWSf[h[fk % =[Y[fS^ L][^^e8 9Uf[hW % AWS^fZk E[h[Y8 <[f[lWeZ[b % <a__g[fk Bha^hW_Wf8 CWi[eZ BVWf[fk % IWab^WZaaV8 EWSVWdeZ[b =WhW^ab_Wf8 SV LaU[S^ % >_af[aS^ PW^^TW[`Y+

CE@; XaUgeWe afZW [V[h[VgS^ SV S[_e fa dWUaY[eW SV WZSUW WhWdk kagY bWdeare bafWf[S^) Tg[^V[Y fZW[d UZSdSUfWd fa VWhW^ab fZW[d ^WSVWdeZ[b) Ua__g[USf[a) adYS[eSf[a) [[f[Sf[hW) dWe[^[WUW) UaX[VWUW SV UdWSf[h[fk+ Hgd ^aUS^ iWW]^k Ydagbe ZShW e][^^WV gb SV W_baiWdWV CWi[eZ kagY bWab^W SUdaee fZW ND) Y[h[Y fZW_ S i[VW dSYW aX Wi e][^^e iZ[^W Za[Y fZW[d g[cgW ST[^[f[We fa WST^W fZW_ fa SUZ[WhW [ fZW XgfgdW+

CE@; iWW]^k Ydagbe ZSV fa bSgeW XSUWfaXSUW SUf[h[fk Xad gUZ aX fZW kWSd [dWh[Wi VgW fa fZW bSVW[U) [efWSV _WWf[Y a^[W [^aUS^ Ydagb eWee[ae SV \a[[Y CE@; O[dfgS^+ B TWfiWW^aU]Vaie iW iWdW ST^W fa abWea_W <HOB=*eSXW iWW]^k Ydagbe i[fZ S^^ fZWWUWeeSdk bdWUSgf[ae [ b^SUW) Xa^^ai[Y GSf[aS^ RagfZ 9YWUk Yg[VW^[We+ BSVV[f[a fa agd ^aU]VaibdaYdS__We) iW iWdW ST^W fa Uaf[gW fa XaUge a gbYdSV[Y agd bdaYdS__[Y) dWeagdU[Y SV _Sd]Wf[Y) Se bSdf aX agd ./2fZ S``[hWdeSdk b^Se SV iW SdW b^S``[Y S T[Y dW^SgUZ aX XSUW*fa*XSUW iWW]^k Ydagbe [ HUfaTWd+

BfZW kWSd gVWd dWh[Wi) BedSW^ Magd) Lg__Wd <S_b SV P[fWd <S_b S^^ ZSV fa TW USUW^^WV VgW fa <HOB= dWefd[Uf[ae+ MZ[e eg__Wd) Xa^^ai[Y fZW WSe[Y aX ^aU]Vai) iW iWdW VW^[YZfWV fa TW ST^W fa dg S <HOB=eSXW Lg__Wd <S_b Xad ND bSdf[U[bSfe i[fZWi bdaYdS__[Y a fab[Ue [U^gV[Y _WfS^ ZWS^fZ SV ZWS^fZk dW^Sf[aeZ[be) Se iW^^ Se S eWd[We aX kagfZ Uaeg^fSf[ae Se CE@; Uaf[gWe fa iad] faiSdVe TWUa_[Y S Ua bdaVgUWV kagfZ adYS[eSf[a) iZWdW bdaXWee[aS^e) ha^gfWWde SV kagY bWab^W Ua_W faYWfZWd fa egbbadf kag`Y bWab^W fa TW fZW[d TWef eW^hWe+

I[XaZ`QQ^_

CE@; Uag^V af Xg^^k XgUf[ai[fZagf fZW VWV[USfWV egbbadf SV gef[f[Y WWdYk SV WfZge[Se_ aX [fe Sk ha^gfWWde+ PW iWdW WjfdW_W^k fZS]Xg^ fa S^^ aX agd ha^gfWWde iZa YShW gb fZW[d f[_W Vgd[Y fZW bSVW[U fa egbbadf CE@; O[dfgS^+ ?da_ fZW kagY Zaefe iZa ^WV fZW eZaie SV [fWdh[WiWV agd ebWU[S^ YgWefe fa fZaeW fZSf iad]WV TWZ[V fZW eUWWe a fZW fWUZ[US^) UaadV[Sf[aad eSXWYgSdV[Y SebWUfe) CE@; O[dfgS^ VW_aefdSfWV iZSf US TW SUZ[WhWV [S eZadf f[_W SV egefS[WV iZW agd VWV[USfWV bdaXWee[aS^ efSXX SV ha^gfWWd fWS_e g[fW [egbbadf aX kagY bWab^W) VWeb[fW WjfdW_W^k UZS^^WY[Y U[dUg_efS`UWe+

9e iW b^SXad S T[Y dW*^SgUZ aX ^aUS^ iWW]^k Ydagbe SUdaee fZW Uagfdk [ HUfaTWd iW SdW SUf[hW^k eWW][YWi ha^gfWWde Se bSdf aX CE@;re q=a Ragd ;[fr <S_bS[Y 'iii+\^YT+adY,VakagdT[f() iZ[UZ WUagdSYWeWi SVg^f ha^gfWWde fa ZW^b agf Sf ^aUS^ Ydagbe SUdaee fZW Uagfdk SV WST^We ge fa abWgbWi Ydagbe [Wi SV W_WdY[Y CWi[eZ Ua__g`[f[We SUdaee fZW ND+

Qb[XbQ ' L[aZS I[XaZQQ^UZS >ZUUM`UbQ

CE@;re qWha^hW o kagfZ ha^gfWWd[Y % e][^^e [[f[Sf[hWr [e S g[cgW UaUWbf fa ha^gfWWd[Y fZSf [eaf a^k kagfZ Xd[WV^k SV XS[fZ eWe[f[hW Tgf Xad_e SSYW*bdaYdWee[hW eaU[S^ VWhW^ab_Wf \agdWk aX SiSdVe+ Wha^hW [e S Ua^^WUf[hW [_bSUf bda\WUf Td[Y[Y faYWfZWd ]Wk efS]WZa^VWde Xda_ SUdaee fZW Ua__g[fk fa WegdW fZSf eaU[S^ SUf[a [e _adW SUUWee[T^W SV _adW dWiSdV[Y Xad CWi[eZ kagY bWab^W fZS WhWd TWXadW+

MZW Wha^hW a^[W b^SfXad_ SfUZWe USbST[^[f[We SV Tg[^Ve SeeWfe fa VWhW^ab kagY bWab^W&e e][^^e SV [fWdWefe fZdagYZ [_bSUfXg^ ha^gfWWd[Y b^SUW_Wfe fZSf X[^^ SWWV [VWf[X[WV Tk UZSd[f[We SV fZW[d V[dWUf TWWX[U[Sd[We+ MZW Zagde aX eaU[S^ SUf[a dWUadVWV fZdagYZ Wha^hW WST^W kagY bWab^W fa Ua_b^WfW SiSdVe [U^gV[Y fZW Ra[ CWeWd 9iSdV) h[eb[dWV SV fZW =g]W aX >V[TgdYZre 9iSdV SV ^WSVe fZW afa fZWWjf efWb [fZW[d ha^gfWWd[Y SV SiSdV \agd`Wk+

Wha^hW ZSe Ydai[fa S g^f[*XSUWfWV bda\WUf fZSf efdWS^[We ha^gfWWd[Y Xad S^^ efS]WZa^VWde [ha^hWV) [U^gV[Y UZSd[f[We) eUZaa^e) kagfZ Ydagbe) bSdWfe SV XS_[^[We Se iW^^ Se W_b^akWde SV Tge[WeeWe+ =gd[Y fZW ^Sef .5 _afZe aX dWefd[Uf[ae) fZS]e fa YWWdage egbbadf Xda_ fZW # [i[^^ FSfUZ ?gV SV fZW @WWe[e IZ[^SfZdabk @dagb) fZW Wha^hW fWS_ ZShW TWW iad][Y a gbYdSV[Y fZW Wha^hW b^SfXad_ SZWSV aX fZW efSdf aX fZW SUSVW_[U kWSd i[fZ S Zaef aXWi XWSfgdWe Xad kagY bWab^W) UZSd[f[We) eUZaa^e SV afZWd efS]WZa^VWde+

?9J>F= @58F# " <>E@F# 6E><589

GEHFG99F# E9DCEG $7CBG>BH98% ,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

MZ[e [U^gVWe SWi aT[^W*Xd[WV^k e[fW Xad kagY bWab^W i[fZ WSek abbadfg[fk eWSdUZ[Y) SVV[Y aX Zagde SV _WeeSY[Y+ MZW b^SfXad_ S^^aie kagY bWab^W fa ^aY YaaV VWWVe SV e][^^e S^aYe[VW ha^gfWWd[Y ad eaU[S^ SUf[a) [ dWX^WUf[aaX fZW UZSY[Y ^SVeUSbW aX ha^gfWWd[Y Vgd[Y fZW bSVW[U+ PW SdW ai efSVSdV[e[Y SV USfWYad[e[Y abbadfg[f[We afZW e[fW fa WegdW fZSf kagY bWab^W SdW dWiSdVWV Xad fZW[d YaaV VWWVe ahWd fZW bSef kWSd SV Ya[`Y XadiSdV+

MZW Wha^hW [[f[Sf[hW) [fe ekefW_e SV ^WSd[Y ZSe S^iSke ZSV U^WSd TWWX[fe TWkaV CE@;re aiebZWdW aX SUf[h[fk SV Uag^V ZShW S ^[XW aX [fe aiXad S _gUZ TdaSVWd SgV[WUW+ 9e bSdf aX fZW ^aY*fWd_ YaS^ aX fZW # [i[^^ bda\WUf) CE@; [e SUf[hW^k iad][Y faYWfZWd i[fZ S\ad kagfZ eWUfad bSdfWde fa Ua^^STadSfW SV eWS^Wee^k [UadbadSfW fZW[d bda\WUfe [fa fZW Wha^hW \agdWk SV eWW Zai Wha^hW USTW eUS^WV SV dWb^[USfWV fa TW`WX[f i[VWd eaU[Wfk+

8aWQ [R 9PUZNa^ST#_ 5cM^P

CE@; iSe SYS[SiSdVWV YWWdage XgV[Y Tk fZW IWSde ?agVSf[a Xad [fe DaeZWd =g]W aX >V[TgdYZre 9iSdV '=aX>( bdah[e[a+ HhWd 2-$ aX RWSd 6 bgb[^e [_S[efdWS_ CWi[eZ eUZaa^e ai fS]W bSdf [ fZW =aX> fZdagYZ CE@; i[fZ S fafS^ aX ahWd 6-- kagY bWab^W fS][Y bSdf [` fZW SiSdV WhWdk kWSd+

ASh[Y TWW gST^W fa dg Sk =aX> WjbWV[f[ae ^Sef SUSVW_[U kWSd VgW fa fZW bSVW_[U) iW VagT^WV agd WXXadfe fa YWf fia kWSder iadfZ aX bSdf[U[bSfe fZdagYZ fZW[d WjbWV[f[ae fZ[e kWSd+ 9VSbfSf[ae iWdW SVW Sf fZW TWY[`[Y aX fZW eWSeafa dg a*dWe[VWf[S^ WjbWV[f[ae [TgTT^We Tgf i[fZ fZW dW^Sj[Y aX eaU[S^ V[efSU[Y dg^We iW iWdW ST^W fa dgeSXW SV egUUWeeXg^ dWe[VWf[S^ WjbWV[f[ae Xda 9gYgef+

F\QOUMX BQQP_

RagY bWab^W i[fZ ebWU[S^WWVe SdW WUagdSYWV fa fS]W bSdf [ S^^ CE@; SUf[h[f[We) SV CE@; ZSe iad]WV U^aeW^k i[fZ CWi[eZ eUZaa^e SV LbWU[S^ >VgUSf[aS^ GWWVe 'L>G( bdah[VWde+ Hgd iad] Uaf[gWe fa WYSYW kagY bWab^W i[fZ bZke[US^ SV ^WSd[Y V[XX[Ug^f[We fa fS]W bSdf [ebWU[S^^k SVSbfWV =g]W aX >V[TgdYZre 9iSdV WjbWV[f[ae i[fZ agd bSdfWde Sf ESYVa <a^^WYW SV D[eZSda+

BMU[ZMX 7UUfQZ FQ^bUOQ $B7F%

B/-..) S CE@; ^WV Uaeadf[g_ iafZW UafdSUf fa VW^[hWd S[fWdXS[fZ GSf[aS^ <[f[lW LWdh[UW /-./ b[^af+ 9^aef .-- kagY bWab^W aX 4 V[XXWdWf XS[fZ SV Ug^fgdS^ TSU]YdagVe '[U^gV[Y Fge^[) <Zd[ef[S) L[]Z) A[Vg SV CWi[eZ( faa] bSdf [ fZ[e g[cgW bda\WUf) bdah[Y fZSf S fSdYWfWV bdah[e[aUS _WWf fZW WWVe aX kagY bWab^W i[fZ efdaY XS[fZ [VWf[f[We+ MZW daTgefWee SV WXXWUf[hWWee aX fZ[e bda\WUf iWdW hS^[VSfWV i[fZ TafZ S /-.0 <[h[^ LaU[Wfk <ZSd[fk 9iSdV SV S <Z[^VdW% RagY IWab^W Gai 9iSdV+

MZW fZdWW*iWW] bdaYdS__W g[fWe kagY bWab^W aX V[XXWdWf XS[fZe SV TSU]YdagVe fZdagYZ SVhWfgdW SUf[h[f[We) eaU[S^ UaZWe[aeWee[ae) VWhW^ab_Wf aX S UZaeW e][^^ SV h[e[fe fa UZSd[f[We SV Tge[WeeWe+ MZWeW h[e[fe eWdhW Se [eb[dSf[aXad fZW kagY bWab^W fa UdWSfW fZW[d aieaU[S^ SUf[a bda\WUfe fa Td[Y SiSdWWee fa S hSd[Wfk aX UZSd[f[We SV USgeWe fZSf fZWk SdW bSee[aSfW STagf+

MZW Xad_Sf fZ[e kWSd iSe SVSbfWV fa WegdW [f iag^V TW <HOB=*eSXW SV fZ[e _WSf fZSf [f iSe S fia iWW])a*dWe[VWf[S^ bdaYdS__W Tgf i[fZ S^^ fZW eS_W YaS^e SV agfUa_We Xad kagY bWab^W+

=gW fa VW_SV iW bdah[VWV fia G<L bdaYdS__We8 aW [Cg^k Se S SVV[f[aS^ bdah[e[a Xad fZaeW kagY bWab^W iZaeW BedSW^ Magd ZSV TWW USUW^^WV) SV fZW afZWd [9gYgef+ MZW fWS_ iad]WV i[fZ afZWd XS[fZ Ua__g[f[We fa Wda^ kagY bWab^W afa agd XS[fZ eWe[f[hW bdah[e[aSV Se S dWeg^f iW ZSV S dWUadV g_TWd aX .5- bSdf[U[bSfe fS]W bSdf+

MZW[d eaU[S^ SUf[abda\WUfe XgVdS[eWV SV dS[eWV SiSdWWee aX [eegWe [U^gV[Y bWd[aV bahWdfk) S[_S^ eZW^fWde) ^[ffWd SV S[V Xad 9XYZS` dWXgYWWe+

?9J>F= @58F# " <>E@F# 6E><589

GEHFG99F# E9DCEG $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

5OO^QPUQP L[aT @QMPQ^_TU\ G^MUZUZS

9e S UWdf[X[WV SiSdV[Y TaVk Xad fZW HbW <a^^WYW GWfiad] 'H<G() S Sf[aS^ adYS[eSf[a fZSf UdWSfWe SV SiSdVe cgS^[X[USf[ae) CE@; [e ^[UWeWV fa aXXWd fZageSVe aX SUUdWV[fWV UagdeWe fZSf W_baiWd kagY bWab^W+ MZ[e V[dWUf UWfdW efSfge WST^We CE@; fa aXXWd SUUdWV[fWV UagdeWe TafZ Xad [fe ai _W_TWde SV ha^gfWWde Se iW^^ Se Xad _Sk afZWd CWi[eZ kagfZ _ahW_Wfe S`V UZSd[f[We+

MZdagYZ H<G) CE@; SUUdWV[fe kagY bWab^W [ S i[VW hSd[Wfk aX Z[YZ*cgS^[fk UagdeWe) WUagdSY[Y fZW_ fa TWUa_W SUf[hW ^WSVWde+ PZ[^W fZW aef babg^Sd UagdeWe XaUge afWS_iad] SV ^WSVWdeZ[b) fZW UagdeWe dSYW Xda_ adYS[eSf[ae][^^e SV SiSdWWee aX [U^ge[aSV V[eST[^[fk) fa _S[fS[[Y S ZWS^fZk ^[XWefk^W SV Zai fa _Wfad+ MZWeW UagdeWe SdW VW^[hWdWV [ S bae[f[hW SV WYSY[Y Wh[da_Wf agfe[VW aX fZW U^Seedaa fZSf WST^We kagY bWab^W fa W\ak fZW[d ^WSd[Y Tk SUf[hW^k bgdeg[Y fZW[d [V[h[VgS^ [fWdWefe+

MZ[e fdS[[Y ZSe fkb[US^^k TWWVW^[hWdWV Sf dWe[VWf[S^ kagfZ ^WSVWdeZ[b iWW]WVe) iZ[UZ ZShWrf TWWST^W fa ZSbbW VgW fa <HOB=+ BefWSV iW dS eWhWdS^ ^WSVWdeZ[b eWee[ae Sf Lg__Wd <S_b Xad kagY ^WSVWde fZSf ZSV [eeWV agf afZ[e fdS[[Y+ PW ZShW S^ea TWW VWhW^ab[Y S a^[W fdS[[Y b^SfXad iZ[UZ i[^^ ZW^b fa XgdfZWd gbYdSVW agd CE@; ^WSVWdeZ[b fdS[[Y bdaYdS__W SV agd =aX> bdah[e[a Xad TafZ agd kagY bWab^W SV ha^gfWWde+ MZ[e i[^^ _WS fZSf eWhWdS^ efSfgfadk SV Ua_bg^eadk bSdfe aX fdS[[Y US TW VaW a^[W) bd[ad fa ad SXfWd [*bWdeafdS[[Y WhWfe) fZge eSh[Y CE@; f[_W SV S^^ai[Y kagY bSdf[U[bSfe fa fS]W bSdf [ fdS[[Y [` S dW_afW iad^V+

JQ JQ^Q GTQ^Q G[[

9XfWd Sk kWSde aX Ua^^STadSf[a i[fZ fZW EaVa CWi[eZ <g^fgdS^ <WfdW) PW PWdW MZWdW Maa 'PPMM( iSe aXX[U[S^^k ZSVWV ahWd fa CE@; SV fZW bda\WUf _ahWV fa fZW CE@; aXX[UW [ FSUZWefWd fa TW ^WV Tk CE@;) S^aYe[VW [fe bSdfWd 9C>Q+ MZW fWS_) ^WV Tk CE@;re KaVWk Kaee iZa ZSe TWWeWUaVWV fa fZW bda\WUf) ZShW ZSV YdWSf egUUWee [WjbSV[Y fZW bda\WUf fa fZW GadfZ PWef) WYSY[Y i[fZ Ua__g[f[We fa YSfZWd efad[We SV _W_adST[^[S [ V[Y[fS^ Xad iZ[UZ ZShW TWWgb^aSVWV SV SdUZ[hWV a` fZW PPMM iWTe[fW+

MZS]e fa XgV[Y Xda_ fZW GSf[aS^ EaffWdk AWd[fSYW ?gV) MZW KafZeUZ[^V ?agVSf[aSV fZW IWSde ?agVSf[a) iW ZShW WYSYWV fZW Ua__g[fk fZdagYZ daSVeZaie+ MZ[e ZSe gWSdfZWVWi efad[We) iZ[UZ ZShW TWWSVVWV fa fZW SdUZ[hS^ UafWf a fZW iWTe[fW S^aY i[fZ SeeaU[SfWV bZafae SV VaUg_Wfe+ B SVV[f[a) iW ZShW WYSYWV kagY bWab^W [ fZW bda\WUf fZdagYZ WVgUSf[aS^ bdWeWfSf[ae fa bd[_Sdk SV eWUaVSdk eUZaa^e+ P[fZ agd XaUge a WVgUSf[a) iW ZShW S^ea eZai fWSUZWde Zai fa SUUWee [Xad_Sf[a SV VdSi aXX [VWSe Xad ^Weeae SV ^[] fZW_ fa UadW ;d[f[eZ hS^gWe+ MZW bda\WUf ZSe ZSV WjfWe[hW UahWdSYW [ ^aUS^ bdWee SV bWd[aV[US^e) SV ZSe _SVW fia TdaSVUSefe a` dSV[a+

MZW bda\WUf iSe bgf aZa^V Vgd[Y ^aU]VaiSV ZSe e[UW Ua_b^WfWV [fre iad] [ fZW GadfZ PWef aX >Y^SV+ PW SdW VW^[YZfWV fZSf XgfgdW XgV[Y ZSe \gef TWWYdSfWV Xda_ fZW GSf[aS^ EaffWdk AWd[fSYW ?gV) fZ[e _WSe fZSf fZW bda\WUf [e ST^W fa Uaf[gW SV i[^^ TW _ah[Y fa Rad]eZ[dW SV fZW GadfZ >Sef aX >Y^SV fa Ua^^WUf _adW efad[We S`V SdfWXSUfe fZSf _Sk afZWdi[eW TW ^aef+

F^MQSe

=gd[Y fZW bSVW_[U SV XadUWV U^aegdW aX agd XSUW*fa*XSUW SUf[h[f[We iW faa] fZW abbadfg[fk fa Zaef S eWd[We aX Uaeg^fSf[ae i[fZ fdgefWWe) bdaXWee[aS^ efSXX) ha^gfWWde SV kagY bWab^W fa eWf fZW V[dWUf[aSV VdSXf S Wi fZdWW*kWSd LfdSfWYk) MZWadk aX <ZSYW SV <SeW Xad Lgbbadf+ Iaef fZW bSVW_[U) agd fZdWW ]Wk efdSfWY[U YaS^e SdW8 WhWdk kagY bWdea ZSe S[V[h[VgS^ bSfZiSk fZdagYZ CE@; fa Xg^X[^ fZW[d bafWf[S^) _adW kagY bWab^W SV Ua__g[f[We XWW^ S YdWSfWd bae[f[hW [bSUf Xda kagfZ ha^gfWWd[Y SV SUdaee fZW ND) _adW kagY CWi[eZ bWab^W USSUUWee SV iSf fa TW bSdf aX CE@;+ PW ZabW fa bgT^[eZ fZW X[S^ efdSfWYk [fZWWi SUSVW_[U kWSd+

?9J>F= @58F# " <>E@F# 6E><589

GEHFG99F# E9DCEG $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

;aZP^MU_UZS

MZW V[dWUfade SV <>H VWV[USfWV S ^SdYW bdabadf[a aX fZW[d f[_W fa XgVdS[e[Y fZdagYZ fdgefe SV XagVSf[ae Sbb^[USf[ae+ ASh[Y dWUW[hWV eWhWdS^ ^SdYW YdSfe [/-/-) f[_W [e S^ea ebWf adWbadf[Y+

=aSf[ae) YdSfe SV ^WYSUk fSdYWfe SdW eWf [fZW S``gS^ CE@; TgVYWf TSeWV a bdWh[age bWdXad_SUW SV XgfgdW bdabaeWV iad] b^S+ ?ad agd ./2fZ S``[hWdeSdk iW iWdW b^S``[Y S eWd[We aX XgVdS[e[Y US_bS[Ye fZSf iag^V [UdWSeW SV V[hWde[Xk agd XgVdS[e[Y badfXa^[a+ =gW fa <HOB= fZ[e ZSV fa TW SVSbfWV SV i[^^ Uaf[gW [fZW kWSd SZWSV i[fZ agdWi <SeW Xad Lgbbadf+

PW SdW hWdk YdSfWXg^ fa fZW =<FL <ah[V KWUahWdk ?gV Xad fZW[d YWWdage X[SU[S^ egbbadf Vgd[Y fZ[e V[XX[Ug^f kWSd SV SdW ZgYW^k SbbdWU[Sf[hW aX fZW # [i[^^ FSfUZ ?gV) @WWe[e IZ[^SfZdabk @dagb SV S^^ agd XgVWde Xad S^^ai[Y ge fa XaUge aegbbadf[Y kagY bWab^W fZdagYZ fZW bSVW_[U [efWSV aX XaUge[Y a` fSdYWfe+

MZS]e fa agd IdWe[VWf) MZW EadV EWhk) iZa Uaf[gWe fa ZW^b ge i[fZ agd ISfdae eUZW_W fa dS[eW XgVe Xad CE@;re # [i[^^ US_bS[YFSfUZ ?gV bda\WUf+

;UZMZOUMX ^QbUQc

;aZPUZS

MZW CE@; [e YdSfWXg^ fa fZaeW [V[h[VgS^e) bSfdae) UZSd[fST^W fdgefe SV afZWd TaV[We iZa ZShW YWWdage^k egbbadfWV [fe iad] Vgd[Y fZW bSef kWSd+ B bSdf[Ug^Sd) [f fZS]e fZW MdgefWWe aX fZW # [i[^^ FSfUZ ?gV) GSf[aS^ EaffWdk <a__g[fk ?gV) =<FL) <S_bWdVai AageW) IWSde ?agVSf[a) @WWe[e IZ[^SfZdabk @dagb) fZW FSgd[UW PaZ^ <ZSd[fST^W ?agVSf[a) fZW <Z[^VdW&e 9[V <a__[ffWW) NCB9) CWi[eZ RagfZ ?gV) RagfZ N[fWV ?agVSf[aSV fZW H^V <a_dSVWe& 9eeaU[Sf[aXad fZW fdgef fZWk b^SUW [ fZW CE@;+

MZW CE@; fZS]e S^ea [fe 9gV[fade) FWeede @WdS^V >VW^_S) Xad fZW[d bdaXWee[aS^ SVh[UW SV Uaf[gWV ZW^b S`V egbbadf+

EQ_aX`_

MZW Wf WjbWV[fgdW Xad fZW kWSd S_agfWV fa m20)-33 '/-/-7 GWf WjbWV[fgdW m.24)-3-(+

BUa_W [ fZW kWSd fafS^^WV m.)-.-)40. '/-/-7 m.)343)..4 ( S VWUdWSeW aX m332)053 ad 1-$+ HX fZ[e VaSf[ae SV ^WYSUk [Ua_W fafS^^WV m454)226 '/-/-7 m.)-43)263( iZ[UZ [U^gVWV YdSfe aX m405)510 '/-/-7 m542)4.1() bSfdaVaSf[ae aX m/-)/2- '/-/-7 m.52)--3( SV afZWd XgVdS[e[Y dWUW[bfe aX m/5)133 '/-/-7 m.2)543(+ MZW afZWd S[[Ua_W eagdUW iSe Xda afZWd YahWd_WfS^ <adaSh[dge CaT KWfWf[a` LUZW_W m..1)021 '/-/-7 m-(+

jbWV[fgdW [ fZW kWSd fafS^^WV m.)-30)464 '/-/-7 m.)500).44( S VWUdWSeW aX m436)05- ad 1/$+ >jbWV[fgdW a UZSd[fST^W SUf[h[f[We S_agfWV fa m.)-.3)236 '/-/-7 m.)455).66(+ BU^gVWV [UZSd[fST^W WjbWV[fgdW SdW egbbadf SV YahWdSUW Uaefe fafS^^[Y m./2)401 '/-/-7 m/13)6.2() S VWUdWSeW aX m.//).0- ad 16$+

;UdQP M__Q`_

MZW UZSYWe [ X[jWV SeeWfe Vgd[Y fZW kWSd SdW eg__Sd[eWV [ fZW afWe fa fZW SUUagfe+

EQ_Q^bQ_ D[XUOe

MZW _S\ad[fk aX CE@;re SUf[h[fk Uaefe SV eS^Sd[We SdW XgVWV fZdagYZ dWefd[UfWV XgVe+ MZW TS^SUW aX gdWefd[UfWV XgVe [e ]Wbf Sf S ^WhW^ fa Uaf[gW bSk_Wf aX gdWefd[UfWV eS^Sd[We SV S^^ egbbadf Uaefe Xad Sf ^WSef 0 _afZe+ MZW ;aSdV TW^[WhW fZSf dWeWdhWe eZag^V TW Sf fZ[e ^WhW^ fa WegdW fZW UZSd[fk US dgWXX[U[Wf^k SV _WWf [feWWVe+ MZW TS^SUW aX gdWefd[UfWV dWeWdhWe Sf fZW kWSd W`V iSe m //3)6-3 +

9^fZagYZ fZWdW ZSe TWWfia VWX[U[f kWSde [ egUUWee[afZ[e iSe egefS[ST^W VgW fa S egdb^ge aX m0--] [.5,.6) fZW TaSdV aX fdgefWWe ZShW TgVYWfWV fZSf XgfgdW kWSde eZag^Vaf dWeg^f [S VWX[U[f SV i[^^ [_bdahW adWeWdhW TS^SUW+

?9J>F= @58F# " <>E@F# 6E><589

GEHFG99F# E9DCEG $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

F^aOa^Q& S[bQ^ZMZOQ MZP YMZMSQYQZ`

MZW CE@; iSe XagVWV [ .562 SV [e ;d[fS[&e ^aYWef eWdh[Y CWi[eZ GSf[aS^ Oa^gfSdk RagfZ HdYS[eSf[a+

MZW CE@; [e YahWdWV Tk [fe FW_adSVg_ SV 9df[U^We aX 9eeaU[Sf[a VSfWV ..fZ 9bd[^ .650 aXad_Sf[a Se S Ua_bSk ^[_[fWV Tk YgSdSfWW) egbbadfWV Tk fZW Kg^We SV KWYg^Sf[ae+ 9 Wi hWde[a aX fZ[e i[^^ Ua_W [fa b^SUW aUW [f ZSe TWWSbbdahWV Tk fZW <ZSd[fk <a__[ee[a+

?a^^ai[Y S YahWdSUW dWh[Wi [ /-.3) S Wi MdgefWW TaSdV efdgUfgdW iSe [VWf[X[WV fZSf iag^V fS]W CE@; fa fZW Wjf ^WhW^) [f iSe fZW SVabfWV Sf fZW 9@F+ MZ[e efdgUfgdW iSe VdSigb ge[Y TWef bdSUf[eW Xda_ fZW eWUfad SV [VWf[X[We S g_TWd aX Ua__[ffWWe fa TW UZS[dWV Tk MdgefWWe SV Ua_bd[eWV aX MdgefWWe) afZWd ^Sk ^WSVWde SV bdaXWee[aS^ efSXX+ MZWeW SdW8 S K[e] <a__[ffWW8 ?[SUW <a__[ffWW8 ?gVdS[e[Y <a__[ffWW8 ISdfWdeZ[be <a__[ffWW SV S <adW 9Uf[h[f[We <a__[ffWW+ BadVWd fa S^^ai fZW fdSe[f[aXda_ fZW UgddWf FW_adSVg_ SV 9df[U^We aX 9eeaU[Sf[afa fZ[eWi efdgUfgdW fZW MdgefWWe SYdWWV fa efSV Vai g^Wee Xg^X[^^[Y S da^W i[fZ[fZWWi efdgUfgdW+

9f fZW 9@F aX 0-fZ Cg^k /-/-) Lk__[W Li[^ dWf[dWV+ BSVV[f[a) KgfZ =i[YZf SV ;Sddk LZ[W TafZ dWSUZWV fZW WV aX fZW[d fWd_ SV fZW[d MdgefWW Sbba[f_Wfe iWdW TafZ dW`WiWV Xad S XgdfZWd 0 kWSde+

MZW MdgefWWe SdW =[dWUfade aX fZW E[_[fWV <a_bS`k+

MZWeW SUUagfe Vaaf [U^gVW fZW XgVe ZW^V Tk [V[h[VgS^ CE@; Ydagbe Se fZW MdgefWWe TW^[WhW fZWeW SdWaf _SfWd[S^+

GaW aX fZW MdgefWWe ZSe Sk TWWX[U[S^ [fWdWef [fZW Ua_bSk+ 9^^ aX fZW MdgefWWe SdW _W_TWde aX fZW Ua_bSk SV YgSdSfWW fa Uafd[TgfW m. [fZW WhWf aX S i[V[Y gb+

MZW MdgefWWe iZa eWdhWV Vgd[Y fZW kWSd SV gb fa fZW VSfW aX e[YSfgdW aX fZW X[SU[S^ efSfW_Wfe iWdW7 KgfZ =i[YZf

KgfZ @dWW`

K[UZSdV FSdeZS^^ CadVSS Id[UW CaS``W KS_e Gad_S MWddWf) CI 9VS_ LZW^^Wk ?<<9 ;Sddk LZ[W ?<F9 Lk__[W Li[^ 'KWe[YWV 0- Cg`W /-/-(

5\[UZYQZ [R G^a_`QQ_

9e eWf agf [fZW FW_adSVg_ SV 9df[U^We aX 9eeaU[Sf[a fZW ;aSdV _Sk Sf Sk f[_W Sbba[f Sk bWdea Se SW^WUfWV _W_TWd aX fZW ;aSdV W[fZWd fa X[^^ S USegS^ hSUSUk ad Tk iSk aX SVV[f[afa fZW ;aSdV bdah[VWV fZSf fZW bdWeUd[TWV _Sj[_g_ aX W^WUfWV _W_TWde TWaf fZWdWTk WjUWWVWV SV bdah[VWV XgdfZWd fZSf fZWg_TWd ea Sbba[fWV eZS^^af WjUWWV aW*cgSdfWd aX fZWg_TWd aX fZW W^WUfWV _W_TWde aX fZW ;aSdV Sbba[fWV gVWd 9df[U^We 03) 14 SV 16+ 9k bWdeaea Sbba[fWV eZS^^ dWfS[Z[e ad ZWd aXX[UW a^k gf[^ fZWWjf 9`gS^ @WWdS^ FWWf[Y Tgf ZW ad eZW eZS^^ fZW TW W^[Y[T^W Xad dW*W^WUf[a`+

C^SMZU_M`U[Z

9 jWUgf[hW [e Sbba[fWV Tk fZW MdgefWWe fa _SSYW fZW VSk fa VSk abWdSf[ae aX fZW UZSd[fk SV S^^ bdaXWee[aS^ efSXX+ Ma XSU[^[fSfW WXXWUf[hW abWdSf[ae) fZW jWUgf[hW ZSe VW^WYSfWV SgfZad[fk) i[fZ[fWd_e aX VW^WYSf[a SbbdahWV Tk fZW MdgefWWe) Xad abWdSf[aS^ _SffWde [U^gV[Y X[SUW) W_b^ak_Wf S`V afZWd dW^SfWV SUf[h[fk+

?9J>F= @58F# " <>E@F# 6E><589

GEHFG99F# E9DCEG $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

G^a_QQ >ZPaOU[Z MZP G^MUZUZS

GWi MdgefWWe SdW Td[WXWV Tk fZW jWUgf[hW afZW[d ^WYS^ aT^[YSf[ae gVWd UZSd[fk SV Ua_bSk ^Si) fZW UafWf aX fZW FW_adSVg_ SV 9df[U^We aX 9eeaU[Sf[a) fZW ;aSdV SV VWU[e[a _S][Y bdaUWeeWe) fZW Tge[Wee b^SSV dWUWf X[SU[S^ bWdXad_SUW aX fZW UZSd[fk+ GWi MdgefWWe SdW Y[hW_Sk abbadfg[f[We fa _WWf ]Wk ha^gfWWde) W_b^akWWe SV afZWd MdgefWWe+ MdgefWWe SdW WUagdSYWV fa SffWV Sbbdabd[SfW WjfWdS^ fdS[[Y WhWfe iZWdW fZWeW i[^^ XSU[^[fSfW fZW gVWdfS][`Y aX fZW[d da^W+

EU_W ;MO`[^_

CE@; dWYg^Sd^k [eegWe ba^[U[We SV bdaUWVgdWe VWfS[^[Y TWef bdSUf[UW Yg[VW^[We SV bd[U[b^We Xad _S][Y fZW CE@; S eSXW adYS[eSf[a+ Ia^[U[We SV bdaUWVgdWe [U^gVW7 <a__g[USf[a8 ZWS^fZ SV eSXWfk8 TWZSh[agd8 V[eU^aegdW8 UZ[^V bdafWUf[a SV WcgS^ abbadfg[f[We+ MZW ;aSdV aX MdgefWWe) i[fZ egbbadf Xda_ bdaXWee[aS^ efSXX SV WjfWdS^ WjbWdfe) Uaf[gW fa iad] S^aYe[VW ha^gfWWde fa [VWf[Xk ]Wk d[e]e iZ[UZ SdW dWYg^Sd^k dWh[WiWV SV Sbbdabd[SfW _WSegdWe bgf [ b^SUW fa _[f[YSfW fZWeW+

9 ]Wk W^W_Wf [ fZW _SSYW_Wf Tk fZW ;aSdV [e fZSf aX X[SU[S^ d[e]+ MZW eWff[Y aX S TgVYWf) S dWeWdhWe ba^[Uk SV fZW WefST^[eZ_Wf aX S XgVdS[e[Y efdSfWYk SdW dWYg^Sd^k dWh[WiWV Tk fZW ;aSdV+ EWV Tk fZW CE@; MdWSegdWd) See[efWV Tk fZW CE@; =[dWUfad aX HbWdSf[ae) dWYg^Sd _WWf[Ye aX fZW X[SUW egT*Ua__[ffWW fS]W b^SUW Vgd[Y fZW kWSd fa dWh[Wi SV _a[fad X[SU[S^ _SffWde+ BfZW kWSd aX dWh[Wi fZW _W_TWde aX fZW X[SUW egT*Ua__[ffWW iWdW7 ; LZ[W) 9 LZW^^Wk) L Li[^^) G FSdf['<Z[WX >jWUgf[hW( SV L <^Sd] '=[dWUfad aX HbWdSf[a`e(+

MZW =[dWUfad aX HbWdSf[ae) S^aYe[VW MdgefWWe VWhW^abWV S @=IK Ua_b^[SUW b^S+ 9e S dWeg^f) eWhWdS^ gbYdSVWe SV UZSYWe iWdW [_b^W_WfWV SV XgfgdW bdaUWeeWe iWdW SYdWWV Xad S^^ iad] gVWdfS]W Tk CE@; fa TW Ua_b^[S`f+

5RRUXUM`U[Z_

MZW CE@; iad]e U^aeW^k i[fZ fZW afZWd CWi[eZ kagfZ adYS[eSf[ae SV ZSe WefST^[eZWV iad][Y bSdfWdeZ[be i[fZ fZW bd[U[bS^ CWi[eZ eUZaa^e SV SYWU[We+ Bf [e S _W_TWd aX fZW GSf[aS^ <agU[^ aX Oa^gfSdk HdYS[eSf[ae 'G<OH() fZW GSf[aS^ RagfZ 9YWUk 'GR9() ND RagfZ '_WdYWV i[fZ 9_T[f[a SV G<ORL() fZW Lbadf SV KWUdWSf[a9^^[SUW) fZW RagfZ N[fWV GWfiad] SV [e SXX[^[SfWV fa _Sk kagfZ SV iW^XSdW SYWU[We [ fZW ^aUS^[f[We [` iZ[UZ [f iad]e+

DXMZ_ R[^ ;a`a^Q DQ^U[P_

MZW CE@; eWW]e XgdfZWd XgV[Y fa WjbSV SV WZSUW [fe bdaYdS__W aX SUf[h[f[We) ea iW USdWSUZ _adW kagY CWi[eZ bWab^W SV bdah[VW SUUWee fa ebWU[S^[ef SUf[h[f[We fZSf SdWaf S^iSke WSe[^k SUUWee[T^W ad SXXadVST^W+

DWk SdWSe aX WjbSe[a [`U^gVW7

P[fZ egXX[U[Wf XgV[Y agd bdaYdS__We i[^^ ZW^b kagY bWab^W fa7

JEWISH LADS. & GIRLS. BRIGADE TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Public Benefit The Board confim) that, in planning JLGB activities for the year. they have complied with section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public beneffil. The focus of JLGB acts'vilies remains a programme of positive youth engagement through activities. events and training. The JLGB use a variety of methods and accredited bodies lo deliver ils work, including the Open College Network and the Duke of Edinburgh's Award. These JLGB programmes benefit young people by developing their self-confidence and soci81 skills alongside practical life skills. The JLGB welcomes young Jewish people regardless of background, gender, financial or personal circumstances as we believe this philosophy of inclLJsion and openness to 811 enriches everyone through the sharing of the skills, apliludes and life experiences of our young people and our volunteers. Auditors Gerald Edelman LLP were appointed 8S auditor lo the company and 8 ￿$OlUtion proposing that they be re appointed will be pul al 8 General Meeting. Statement of disclosure to the auditors Each of the Trustees has confimed that there is no ￿ levant audit information of which the charity's auditors are unaware, they have further confirmed that they have taken all the steps that they ought lo have taken 8S Trustees in order lo make themselves aware of any relevant audit information and lo establish that the charity's auditors are aware of Ihal information. This report is prepared in 8c¢ordance with the small company regime under section 419121 of the Companies Act 2006. By order of the Board of Trustees The report Was approved by the Board of Trustees. Norman Terret, JP Chair of Trustees Dated.. 23 December 2021 Neil S Martin OBE Chief Executive (Company Secretary) Daled.'23 December 2021 10-

?9J>F= @58F# " <>E@F# 6E><589

FG5G9A9BG C; GEHFG99F# E9FDCBF>6>@>G>9F

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

<a_bSk ^Si dWcg[dWe fZW MdgefWWe fa bdWbSdW X[SU[S^ efSfW_Wfe fZSf Y[hW S fdgW SV XS[d h[Wi aX fZW UZSd[fST^W Ua_bSkre efSfW aX SXXS[de Sf fZW WV aX fZW X[SU[S^ kWSd SV aX [fe egdb^ge ad VWX[U[f Xad fZW X[SU[S^ kWSd+ BVa[Y ea fZW MdgefWWe SdW dWcg[dWV fa7

MZW MdgefWWe SdW dWebae[T^W Xad _S[fS[[Y bdabWd SUUagf[Y dWUadVe iZ[UZ V[eU^aeW i[fZ dWSeaST^W SUUgdSUk Sf Sk f[_W fZW X[SU[S^ bae[f[aaX fZW UZSd[fk SV WST^We fZW_ fa WegdW fZSf fZW X[SU[S^ efSfW_Wfe Ua_b^k i[fZ fZW <a_bS[We 9Uf /--3+ MZW MdgefWWe SdW S^ea dWebae[T^W Xad eSXWYgSdV[Y fZW SeeWfe aX fZW UZSd[fk SV ZWUW Xad fS][Y dWSeaST^W efWbe Xad fZW bdWhWf[a SV VWfWUf[a aX XdSgV S`V afZWd [ddWYg^Sd[f[We+

?9J>F= @58F# " <>E@F# 6E><589

>B89D9B89BG 5H8>GCE#F E9DCEG

GC G=9 GEHFG99F C; ?9J>F= @58F# " <>E@F# 6E><589

C\UZU[Z

PW ZShW SgV[fWV fZW X[SU[S^ efSfW_Wfe aX fZW CWi[eZ ESVe& SV @[d^e& ;d[YSVW 'fZW &UZSd[fk&( Xad fZW kWSd WVWV 0. FSdUZ /-/. iZ[UZ Ua_bd[eW fZW IdaX[f 9V Eaee 9UUagf) fZW ;S^SUW LZWWf SVafWe fa fZW X[SU[S^ efSfW_Wfe) [U^gV[Y S eg__Sdk aX e[Y[X[USf SUUagf[Y ba^[U[We+ MZW X[SU[S^ dWbadf[Y XdS_Wiad] fZSf ZSe TWWSbb^[WV [ fZW[d bdWbSdSf[a[e Sbb^[UST^W ^Si SV N[fWV D[YVa_ 9UUagf[Y LfSVSdVe) [U^gV[Y ?KL .-/ MZW ?[SU[S^ KWbadf[Y LfSVSdV Sbb^[UST^W [ fZW ND SV KWbgT^[U aX BdW^SV 'N[fWV D[YVa_ @WWdS^^k 9UUWbfWV 9UUagf[`Y IdSUf[UW(+

Bagd ab[[a) fZW X[SU[S^ efSfW_Wfe7

6M_U_ R[^ [\UZU[Z

PW UaVgUfWV agd SgV[f [ SUUadVSUW i[fZ BfWdSf[aS^ LfSVSdVe a 9gV[f[Y 'ND( 'BL9e 'ND(( SV Sbb^[UST^W ^Si+ Hgd dWebae[T[^[f[We gVWd fZaeW efSVSdVe SdW XgdfZWd VWeUd[TWV [ fZW #4'+3/1"2 1(20/.2+%+,+3+(2 )/1 3( $4'+3 /) 3( )+.$.&+$, 23$3(-(.32 eWUf[aaX agd dWbadf+ PW SdW [VWbWVWf aX fZW <ZSd[fk [SUUadVSUW i[fZ fZW WfZ[US^ dWcg[dW_Wfe fZSf SdW dW^WhSf fa agd SgV[f aX fZW X[SU[S^ efSfW_Wfe [ fZW ND) [U^gV[Y fZW ?KfZ[US^ LfSVSdV) SV iW ZShW Xg^X[^^WV agd afZWd WfZ[US^ dWebae[T[^[f[We [ SUUadVSUW i[fZ fZWeW dWcg[dW_Wfe+ PW TW^[WhW fZSf fZW SgV[f Wh[VWUW iW ZShW aTfS[WV [e egXX[U[Wf SV Sbbdabd[SfW fa bdah[VW S TSe[e Xad agd ab[[a+

7[ZOXa_U[Z_ ^QXMUZS[ S[UZS O[ZOQ^Z

BSgV[f[Y fZW X[SU[S^ efSfW_Wfe) iW ZShW UaU^gVWV fZSf fZW MdgefWWe& geW aX fZW Ya[Y UaUWdTSe[e aX SUUagf[Y [ fZW bdWbSdSf[aaX fZW X[SU[S^ efSfW_Wfe [e Sbbdabd[SfW+

;SeWV afZW iad] iW ZShW bWdXad_WV) iW ZShWaf [VWf[X[WV Sk SfWd[S^ gUWdfS[f[We dW^Sf[Y fa WhWfe ad UaV[f[ae fZSf) [V[h[VgS^^k ad Ua^^WUf[hW^k) _Sk USef e[Y[X[USf VagTf a fZW <ZSd[fkre ST[^[fk fa Uaf[gW Se S Ya[Y UaUWdXad S bWd[aV aX Sf ^WSef fiW^hW _afZe Xda iZWfZW X[SU[S^ efSfW_Wfe SdW SgfZad[eWV Xad [eegW+

Hgd dWebae[T[^[f[We SV fZW dWebae[T[^[f[We aX fZW MdgefWWe i[fZ dWebWUf fa Ya[Y UaUWd SdW VWeUd[TWV [fZW dW^WhSf eWUf[a`e aX fZ[e dWbadf+

CTQ^ UZR[^YMU[Z

MZW afZWd [Xad_Sf[a Ua_bd[eWe fZW [Xad_Sf[a [U^gVWV [ fZW SgS^ dWbadf afZWd fZS` fZW X[`S`U[S^ efSfW_W`fe S`V agd SgV[fad&e dWbadf fZWdWa`+ MZW MdgefWWe SdW dWeba`e[T^W Xad fZW afZWd [`Xad_Sf[a` Ua`fS[`WV i[fZ[` fZW SgS^ dWbadf+ Hgd ab[[a afZW X[SU[S^ efSfW_Wfe VaWe af UahWd fZW afZWd [Xad_Sf[aSV iW Va af WjbdWee Sk Xad_ aX SeegdSUW UaU^ge[afZWdWa+ Hgd dWebae[T[^[fk [e fa dWSV fZW afZWd [Xad_Sf[aSV) [Va[Y ea) Uae[VWd iZWfZWd fZW afZWd [Xad_Sf[a[e _SfWd[S^^k [Uae[efWf i[fZ fZW X[SU[S^ efSfW_Wfe ad agd ]ai^WVYW aTfS[WV [ fZW UagdeW aX fZW SgV[f) ad afZWdi[eW SbbWSde fa TW SfWd[S^^k [eefSfWV+ BX iW [VWf[Xk egUZ _SfWd[S^ [Uae[efWU[We ad SbbSdWf _SfWd[S^ _[eefSfW_Wfe) iW SdW dWcg[dWV fa VWfWd_[W iZWfZWd fZ[e Y[hWe d[eW fa S _SfWd[S^ _[eefSfW_Wf [fZW X[SU[S^ efSfW_Wfe fZW_eW^hWe+ BX) TSeWV afZW iad] iW ZShW bWdXad_WV) iW UaU^gVW fZSf fZWdW [e S SfWd[S^ [eefSfW_Wf aX fZ[e afZWd [Xad_Sf[a`) iW SdW dWcg[dWV fa dWbadf fZSf XSUf+

PW ZShW afZ[Y fa dWbadf [` fZ[e dWYSdV+

?9J>F= @58F# " <>E@F# 6E><589

>B89D9B89BG 5H8>GCE#F E9DCEG $7CBG>BH98%

GC G=9 GEHFG99F C; ?9J>F= @58F# " <>E@F# 6E><589

AM`Q^_ [Z cTUOT cQ M^Q ^Q]aU^QP[ ^Q[^Ne QdOQ\U[Z

PW ZShW afZ[Y fa dWbadf [dWebWUf aX fZW Xa^^ai[Y _SffWde [dW^Sf[a fa iZ[UZ fZW <ZSd[f[We '9UUagfe SV KWbadfe( KWYg^Sf[ae /--5 dWcg[dW ge fa dWbadf fa kag [X) [ agd ab[[a7

EQ_[Z_UNUXUUQ_ [R G^a_QQ_

9e Wjb^S[WV _adW Xg^^k [ fZW efSfW_Wf aX dWebae[T[^[f[We) fZW SdW dWebae[T^W Xad fZW bdWbSdSf[a aX fZW X[SU[S^ efSfW_Wfe SV Xad TW[Y eSf[eX[WV fZSf fZWk Y[hW S fdgW SV XS[d h[Wi) SV Xad egUZ [fWdS^ Uafda^ Se fZW VWfWd_[W [eWUWeeSdk fa WST^W fZW bdWbSdSf[a aX X[SU[S^ efSfW_Wfe fZSf SdW XdWW Xda_ _SfWd[S^ _[eefSfW_Wf) iZWfZWd VgW fa XdSgV ad Wddad+ BbdWbSd[Y fZW X[SU[S^ efSfW_Wfe) fZW SdW dWebae[T^W Xad SeeWee[Y fZW UZSd[fkre ST[^[fk fa Uaf[gW Se S Ya[Y UaUWd) V[eU^ae[Y) Se Sbb^[UST^W) _SffWde dW^SfWV fa Ya[Y UaUWd SV ge[Y fZW Ya[Y UaUWdTSe[e aX SUUagf[Y g^Wee fZW W[fZWd [fWV fa UWSeW abWdSf[ae) ad ZShWa dWS^[ef[U S^fWd`Sf[hW Tgf fa Va ea+

5aPU[^#_ ^Q_\[Z_UNUXUUQ_ R[^ TQ MaPU [R TQ RUZMZOUMX _MQYQZ_

PW ZShW TWWSbba[fWV Se SgV[fad gVWd eWUf[a .11 aX fZW <ZSd[f[We 9Uf /-.. SV dWbadf [ SUUadVSUW i[fZ fZW 9Uf SV dW^WhSf dWYg^Sf[ae _SVW ad ZSh[Y WXXWUf fZWdWgVWd+

Hgd aT\WUf[hWe SdW fa aTfS[dWSeaST^W SeegdSUW STagf iZWfZWd fZW X[SU[S^ efSfW_Wfe Se S iZa^W SdW XdWW Xda_ SfWd[S^ [eefSfW_Wf) iZWfZWd VgW fa XdSgV ad Wddad) SV fa [eegW SSgV[fad&e dWbadf fZSf [U^gVWe agd ab[[a+ KWSeaST^W SeegdSUW [e S Z[YZ ^WhW^ aX SeegdSUW Tgf [eaf S YgSdSfWW fZSf S SgV[f UaVgUfWV [ SUUadVSUW i[fZ BL9e 'ND( i[^^ S^iSke VWfWUf S _SfWd[S^ _[eefSfW_Wf iZW[f Wj[efe+ F[eefSfW_Wfe USSd[eW Xda_ XdSgV ad Wddad SV SdW Uae[VWdWV _SfWd[S^ [X) [V[h[VgS^^k ad [fZW SYYdWYSfW) fZWk Uag^V dWSeaST^k TW WjbWUfWV fa [X^gWUW fZW WUaa_[U VWU[e[ae aX geWde fS]Wa fZW TSe[e aX fZWeW X[SU[S^ efSfW_W`fe+

BddWYg^Sd[f[We) [U^gV[Y XdSgV) SdW [efSUWe aX a*Ua_b^[SUW i[fZ ^Sie SV dWYg^Sf[ae+ PW VWe[Y bdaUWVgdWe [^[W i[fZ agd dWebae[T[^[f[We) agf^[WV STahW) fa VWfWUf SfWd[S^ [eefSfW_Wfe [ dWebWUf aX [ddWYg^Sd[f[We) [U^gV[Y XdSgV+ MZW WjfWf fa iZ[UZ agd bdaUWVgdWe SdW USbST^W aX VWfWUf[Y [ddWYg^Sd[f[We) [U^gV[Y XdSgV) [e VWfS[^WV TW^ai +

Hgd SgV[f bdaUWVgdWe iWdW bd[_Sd[^k V[dWUfWV faiSdVe fWef[Y fZW SUUagf[Y ekefW_e [ abWdSf[agba iZ[UZ iW ZShW TSeWV agd SeeWee_Wf aX fZW X[SU[S^ efSfW_Wfe Xad fZW kWSd W`VWV 0. FSdUZ /-/.+

PW b^S`WV agd SgV[f ea fZSf iW ZShW S dWSeaST^W WjbWUfSf[aaX VWfWUf[Y SfWd[S^ [eefSfW_Wfe [ fZW X[SU[S^ efSfW_Wfe dWeg^f[Y Xda_ [ddWYg^Sd[f[We) XdSgV ad a*Ua_b^[SUW i[fZ ^Si ad dWYg^Sf[ae+

?9J>F= @58F# " <>E@F# 6E><589

>B89D9B89BG 5H8>GCE#F E9DCEG $7CBG>BH98% GC G=9 GEHFG99F C; ?9J>F= @58F# " <>E@F# 6E><589

9dQZ [ cTUOTTQ MaPUcM_ O[Z_UPQ^QP OM\MNXQ [R PQQOUZS U^^QSaXM^UUQ_& UZOXaPUZS R^MaP

PW b^S`WV agd SgV[f ea fZSf iW ZShW S dWSeaST^W WjbWUfSf[aaX VWfWUf[Y SfWd[S^ [eefSfW_Wfe [ fZW X[SU[S^ efSfW_Wfe dWeg^f[Y Xda_ [ddWYg^Sd[f[We) XdSgV ad aUa_b^[SUW i[fZ ^Si ad dWYg^Sf[ae+ B[VWf[Xk[Y SV SeeWee[Y d[e]e aX _SfWd[S^ _[eefSfW_Wf [dWebWUf aX [ddWYg^Sd[f[We) [U^gV[Y XdSgV SV aUa_b^[SUW i[fZ ^Sie SV dWYg^Sf[ae) agd bdaUWVgdWe [U^gVWV fZW Xa^^ai[`Y7

5aPU^Q_\[Z_Q[ ^U_W_ UPQZ`URUQP

,E6H9 9H; GC A6B6=;A;BG CI;EE?9;

Ma SVVdWee fZW d[e] aX XdSgV fZdagYZ _SSYW_Wf T[Se SV ahWdd[VW aX Uafda^e) iW7

.EE;=H@6E?G?;F 6B9 BCB"8CAD@?6B8; J?G> @6JF 6B9 E;=H@6G?CBF

BdWebaeW fa fZW d[e] aX [ddWYg^Sd[f[We SVa*Ua_b^[SUW i[fZ ^Sie SV dWYg^Sf[ae) iW VWe[YWV bdaUWVgdWe iZ[UZ [U^gVWV) Tgf SdW `af ^[_[fWV fa7

MZW fWef SfgdW SV afZWd [ZWdWf ^[[fSf[ae aX S SgV[f) faYWfZWd i[fZ fZW [ZWdWf ^[[fSf[ae aX Sk SUUagf[Y SV [fWdS^ Uafda^ ekefW_) WSfZSf fZWdW [e S gSha[VST^W d[e] fZSf WhW ea_W _SfWd[S^ [eefSfW_Wfe [ dWebWUf aX [ddWYg^Sd[f[We Sk dW_S[gV[eUahWdWV WhWfZagYZ fZW SgV[f [e bdabWd^k b^S``WV SV bWdXad_WV [SUUadVSUW i[fZ BL9e 'ND(+ ?gdfZWd_adW) fZW _adW dW_ahWV fZSf ^Sie SV dWYg^Sf[ae SdW Xda X[SU[S^ fdSeSUf[ae) fZW ^Wee ^[]W^k fZSf iW iag^V TWUa_W SiSdW aX a*Ua_b^[S`UW+

Hgd WjS_[Sf[a eZag^V fZWdWXadW af TW dW^[WV gba fa V[eU^aeW S^^ egUZ SfWd[S^ [eefSfW_Wfe ad XdSgVe) Wddade ad [efSUWe aXa*Ua_b^[SUW fZSf _[YZf Wj[ef+ MZW dWebae[T[^[fk Xad eSXWYgSdV[Y fZW SeeWfe aX fZW Ua_bSk SV Xad fZW bdWhWf[a SV VWfWUf[a aX XdSgV) Wddad SVa*Ua_b^[SUW i[fZ ^Si ad dWYg^Sf[ae dWefe i[fZ fZW fdgefWWe aX fZW Ua_bSk+

9 XgdfZWd VWeUd[bf[aaX agd dWebae[T[^[f[We [e ShS[^ST^W afZW ?[SU[S^ KWbadf[Y <agU[^re iWTe[fW Sf7 Zffbe7,, iii+XdU+adY+g],SgV[fadedWebae[T[^[f[We+ MZ[e VWeUd[bf[a` Xad_e bSdf aX agd SgV[fad&e dWbadf+

?9J>F= @58F# " <>E@F# 6E><589

>B89D9B89BG 5H8>GCE#F E9DCEG $7CBG>BH98% GC G=9 GEHFG99F C; ?9J>F= @58F# " <>E@F# 6E><589

C`TQ^ YM``Q^ _

Ragd SffWf[a [e VdSifa fZW XSUf fZSf fZW UZSd[fk ZSe bdWbSdWV X[SU[S^ efSfW_Wfe [SUUadVSUW i[fZ "9UUagf[Y SV KWbadf[Y Tk <ZSd[f[We7 LfSfW_Wf aX KWUa__WVWV IdSUf[UW Sbb^[UST^W fa UZSd[f[We bdWbSd[Y fZW[d SUUagfe [SUUadVSUW i[fZ fZW ?[SU[S^ KWbadf[Y LfSVSdV Sbb^[UST^W [fZW ND SV KWbgT^[U aX BdW^SV '?KL .-/(" 'Se S_WVWV( [bdWXWdWUW fa fZW 9UUagf[Y SV KWbadf[Y Tk <ZSd[f[We7 LfSfW_Wf aX KWUa__WVWV IdSUf[UW [eegWV a. 9bd[^ /--2 iZ[UZ [e dWXWddWV fa [ fZW WjfSf dWYg^Sf[ae Tgf ZSe ai TWW i[fZVdSi`+

MZ[e ZSe TWWVaW [adVWd Xad fZW X[SU[S^ efSfW_Wfe fa bdah[VW S fdgW SV XS[d h[Wi [ SUUadVSUW i[fZ UgddWf @WWdS^^k 9UUWbfWV 9UUagf[`Y IdSUf[UW+

H_Q [R [a^ ^Q[^`

MZ[e dWbadf [e SVW ea^W^k fa fZW UZSd[fkre fdgefWWe) Se S TaVk) [SUUadVSUW i[fZ bSdf 1 aX fZW <ZSd[f[We '9UUagfe SV KWbadfe( KWYg^Sf[ae /--5+ Hgd SgV[f iad] ZSe TWW gVWdfS]W ea fZSf iW [YZf efSfW fa fZW UZSd[fk&e fdgefWWe fZaeW SffWde iW SdW dWcg[dWV fa efSfW fa fZW [S SgV[fade& dWbadf SV Xada afZWd bgdbaeW+ Ma fZW Xg^^Wef WjfWf bWd_[ffWV Tk ^Si) iW Vaaf SUUWbf ad Seeg_W dWebae[T[^[fk fa SkaW afZWd fZS fZW UZSd[fk SV fZW UZSd[fkre fdgefWWe Se S TaVk) Xad agd SgV[f iad]) Xad fZ[e dWbadf) ad Xad fZW ab[[a`e iW ZShW Xad_WV+

FQ\TQZ 7[XQYMZ 575 $FQZU[^ FMa[^e 5aPU`[^% R[^ MZP [Z NQTMXR [R <Q^MXP 9PQXYMZ @@D

/0 =WUW_TWd /-/.

7TM^Q^QP 5OO[aZMZ_ FMa[^e 5aPU`[^

40 Z[^^ EaVa` ><0O 0JJ

?9J>F= @58F# " <>E@F# 6E><589

FG5G9A9BG C; ;>B5B7>5@ 57G>I>G>9F >B7@H8>B< >B7CA9 5B8 9KD9B8>GHE9 577CHBG

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

|7a^^QZRUZMZOUMX eQM^<br>HZ^Q_^UOQP<br>EQ_^UOQP<br>RaZP_<br>RaZP_<br>,*,+<br>,*,+<br>B[Q_
g
g
>ZO[YQ MZP QZP[cYQZ_ R^[Y4<br>=aSf[ae SV ^WYSU[We
-
./5)6.5
325)31.
<ZSd[fST^W SUf[h[f[We
.
.-5)333

BhWef_Wfe
/
.2/

HfZWd [Ua_W<br>0<br>*<br>..1)021<br>G[MX UZO[YQ
/04)403
44/)662
9d\QZPUa^Q [Z4<br>KS[e[Y XgVe<br>1<br>0/)31/<br>.1)253<br><ZSd[fST^W SUf[h[f[We<br>2<br>.14)-./<br>536)224<br>G[MX Qd\QZPUa^Q<br>.46)321<br>551).10<br>BQ UZO[YQ)$Qd\QZPUa^Q% R[^TQ eQM^)
BQY[bQYQZ UZ RaZP_
25)-5/
'...).15(
?gV TS^SUWe Sf . 9bd[^ /-/-
.35)5/1
.36)/24
;aZP NMXMZOQ_ M-+ AM^OT ,*,+<br>//3)6-3<br>25).-6|G[MX
,,+
g
454)226
.-5)333
.2/
..1)021
.)-.-)40.
14)//5
.)-.3)236
.)-30)464
'20)-33(
005)-5.
/52)-.2|MafS^
/-/-
g
.)-43)263
266)-.4
2-1

.)343)..4
11)645
.)455).66
.)500).44
'.24)-3-(
162).1.
005)-5.| |---|---|---|

MZW efSfW_Wf aX X[SU[S^ SUf[h[f[We [U^gVWe S^^ YS[e SV ^aeeWe dWUaY[eWV [ fZW kWSd+

9^^ [Ua_W SV WjbWV[fgdW VWd[hW Xda_ Uaf[g[Y SUf[h[f[We+

?9J>F= @58F# " <>E@F# 6E><589

FG5G9A9BG C; ;>B5B7>5@ 57G>I>G>9F $7CBG>BH98% >B7@H8>B< >B7CA9 5B8 9KD9B8>GHE9 577CHBG

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

|D^U[^ RUZMZOUMX eQM^
HZ^Q_^UOQP
EQ_^UOQP
RaZP_
RaZP_
,,
,,
B[Q_<br>g<br>g<br>>ZO[YQ MZP QZP[cYQZ R^[Y4
=aSf[ae SV ^WYSU[We<br>-<br>/3-).12<br>5.3)12.<br><ZSd[fST^W SUf[h[f[We<br>.<br>266)-.4<br>*<br>BhWef_Wfe<br>/<br>2-1<br>*<br>G[MX UZO[YQ
526)333
5.3)12.
9d\QZPUa^Q [Z4<br>KS[e[Y XgVe<br>1<br>11)645<br>*<br><ZSd[fST^W SUf[h[f[We<br>2<br>6-4)03-<br>55-)506<br>G[MX Qd\QZPUa^Q<br>62/)005<br>55-)506<br>BQ UZO[YQ)$Qd\QZPUa^Q% R[^TQ eQM^)
BQY[bQYQZ UZ RaZP

'6/)34/(
'31)055(
?gV TS^SUWe Sf . 9bd[^ /-.6
/3.)163
/00)312
;aZP NMXMZOQ_ M-+ AM^OT ,*,*<br>.35)5/1<br>.36)/24|G[MX
,,
g
.)-43)263
266)-.4
2-1
.)343)..4
11)645
.)455).66
.)500).44
'.24)-3-(
162).1.
005)-5.| |---|---|

MZW efSfW_Wf aX X[SU[S^ SUf[h[f[We [U^gVWe S^^ YS[e SV ^aeeWe dWUaY[eWV [ fZW kWSd+

9^^ [Ua_W SV WjbWV[fgdW VWd[hW Xda_ Uaf[g[Y SUf[h[f[We+

JEWISH LADS. & GIRLS. BRIGADE BALANCE SHEET ASAT31 MARCH 2021 2021 Fixed assets TangiLle a￿ts 13 5,894 10.840 Current assets D￿ltorS Cash at b￿k in 14 271.993 2￿.2 227.946 191.797 552.259 419.743 c￿ditors. anounts falling due within one 15 (273.1￿) (92.SY2) Net ajr￿t assets 279,121 327.241 Tolal assets less curMt liabilities 285,015 338.C81 Inc(Mne fu 17 58,1C 6,9C6 169.257 168.￿4 Unrestr￿t￿j funjs 5,015 338.C81 The financial staterrEnts were approv￿1 by the Trustees on 23 [￿EMb￿ 2021 Bary Shine FCMA Trustee 18-

?9J>F= @58F# " <>E@F# 6E><589

FG5G9A9BG C; 75F= ;@CJF

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

B[Q_<br>7M_T RX[c_ R^[Y [\Q^MUZS MOUbUUQ_
WdSfWV Xda_,'STeadTWV Tk(<br>abWdSf[ae\
,-\
>ZbQ_UZS MOUbUUQ_<br>IgdUZSeW aX fSY[T^W X[jWV SeeWfe
BhWef_Wf [Ua_W dWUW[hWV<br>BQ OM_T SQZQ^MQP R^[Y)$a_QP UZ%<br>UZbQ_UZS MOUbUUQ_
BQOM_T a_QP UZ RUZMZOUZS MOUbUUQ_<br>BQ UZO^QM_Q)$PQO^QM_Q% UZ OM_T MZP OM_T
Q]aUbMXQZ_<br><SeZ SV USeZ Wcg[hS^Wfe Sf TWY[``[Y aX kWSd
7M_T MZP OM_T Q]aUbMXQZ_ M QZP [R eQM^
EQXMUZS[4
<SeZ Sf TS] SV [ZSV
LZadf fWd_ VWbae[fe [U^gVWV [ UgddWf<br>SeeWf [hWef_W`fe
,,+
g

.2/
g
55)0.4
.2/
*
55)136
.6.)464
/5-)/33
/5-)/33
/5-)//3
,,
g
g
'/26)5/2(
'0)462(
2-1
'0)/6.(
*
'/30)..3(
121)6.0
.6.)464
.6.)464
.6.)464

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

+ 5OO[aZ`UZS [XUOUQ_

+(+ 5OO[aZUZS O[ZbQZU[Z

MZWeW SUUagfe ZShW TWW bdWbSdWV [SUUadVSUW i[fZ ?KL .-/ "MZW ?[SU[S^ KWbadf[Y LfSVSdV Sbb^[UST^W [fZW ND SV KWbgT^[U aX BdW^SV" '"?KL .-/"() fZW <a_bS[We& 9Uf /--3 SV "9UUagf[Y SV KWbadf[Y Tk <ZSd[f[We7 LfSfW_Wf aX KWUa__WVWV IdSUf[UW Sbb^[UST^W fa UZSd[f[We bdWbSd[Y fZW[d SUUagfe [ SUUadVSUW i[fZ ?[SU[S^ KWbadf[Y LfSVSdV Sbb^[UST^W [ fZW ND SV KWbgT^[U bX BdW^SV '?KL.-/("+ MZW UZSd[fST^W Ua_bSk [e S IgT^[U ;WWX[f >f[fk Se VWX[WV Tk ?KL .-/+

MZW X[SU[S^ efSfW_Wfe ZShW VWbSdfWV Xda_ fZW <ZSd[f[We '9UUagfe SV KWbadfe( KWYg^Sf[ae /--5 a^k fa fZW WjfWf dWcg[dWV fa bdah[VW S fdgW SV XS[d h[Wi+ MZ[e VWbSdfgdW ZSe [ha^hWV Xa^^ai[Y fZW LfSfW_Wf aX KWUa__WVWV IdSUf[UW Xad UZSd[f[We Sbb^k[Y ?KL .-/ dSfZWd fZSfZW hWde[a aX fZW LfSfW_Wf aX KWUa__WVWV IdSUf[UW iZ[UZ [e dWXWddWV fa [fZW KWYg^Sf[ae Tgf iZ[UZ ZSe e[UW TWW i[fZVdSi`+

MZW SUUagfe SdW bdWbSdWV [ efWd^[Y) iZ[UZ [e fZW XgUf[aS^ UgddWUk aX fZW UZSd[fST^W Ua_bSk+ FaWfSdk S_agfe [ fZWeW X[SU[S^ efSfW_Wfe SdW dagVWV fa fZW `WSdWef m+

MZW X[SU[S^ efSfW_Wfe ZShW TWW bdWbSdWV gVWd fZW Z[efad[US^ Uaef UahWf[a) _aV[X[WV fa [U^gVW fZW dWhS^gSf[a aX XdWWZa^V bdabWdf[We SV fa [U^gVW [hWef_Wf bdabWdf[We SV UWdfS[ X[SU[S^ [efdg_Wfe Sf XS[d hS^gW+ MZW bd[U[bS^ SUUagf[`Y ba^[U[We SVabfWV SdW eWf agf TW^ai+

9f fZW f[_W aX Sbbdah[Y fZW X[SU[S^ efSfW_Wfe) fZW MdgefWWe ZShW S dWSeaST^W WjbWUfSf[a fZSf fZW <ZSd[fk ZSe SVWcgSfW dWeagdUWe fa Uaf[gW [abWdSf[aS^ Wj[efWUW Xad fZW XadWeWWST^W XgfgdW+ MZge fZW MdgefWWe Uaf[gW fa SVabf fZW Ya[Y UaUWd TSe[e aX SUUagf[Y [bdWbSd[Y fZW X[SU[S^ efSfW_W`fe+

+(7TM^U`MNXQ RaZP_

NdWefd[UfWV XgVe SdW ShS[^ST^W Xad geW Sf fZW V[eUdWf[aaX fZW MdgefWWe [ XgdfZWdS`UW aX fZW[d UZSd[fST^W aT\WUf[hWe+

KWefd[UfWV XgVe SdW egT\WUf fa ebWU[X[U UaV[f[ae Tk Vaade Se fa Zai fZWk _Sk TW geWV+ MZW bgdbaeWe SV geWe aX fZW dWefd[UfWV XgVe SdW eWf agf [fZWafWe fa fZW X[SU[S^ efSfW_W`fe+

BUa_W [e dWUaY[eWV iZWfZW <ZSd[fk [e ^WYS^^k Wf[f^WV fa [f SXfWd Sk bWdXad_SUW UaV[f[ae ZShW TWW_Wf) fZW S_agfe USTW _WSegdWV dW^[ST^k) SV [f [e bdaTST^W fZSf [`Ua_W i[^^ TW dWUW[hWV+

=aSf[ae SV ^WYSU[We) [U^gV[Y fZaeW fZSf bdah[VW fZW UadW XgV[Y ad SdW aX S YWWdS^ SfgdW) SdW dWUaY[eWV iZWdW fZWdW [e Wf[f^W_Wf) UWdfS[fk aX dWUW[bf SV fZW S_agf US TW _WSegdWV i[fZ egXX[U[Wf dW^[ST[^[fk+ LgUZ [Ua_W [e a^k VWXWddWV iZW fZW Vaad ebWU[X[We fZSf fZW YdSf ad VaSf[a _gef a^k TW geWV [ XgfgdW SUUagf[Y bWd[aVe ad fZW Vaad ZSe [_baeWV UaV[f[ae iZ[UZ _gef TW _Wf TWXadW fZW UZSd[fk ZSe gUaV[f[aS^ Wf[f^W_Wf+

BUa_W Xda_ UZSd[fST^W SUf[h[f[We [U^gVWe [Ua_W dWUW[hWV SV iZWdW Wf[f^W_Wf fa YdSf XgV[Y [e egT\WUf fa ebWU[X[U bWdXad_SUW UaV[f[ae 'Se dW^SfWV YaaVe ad eWdh[UWe SdW bdah[VWV(+

+(/ 9d\QZPU`a^Q

E[ST[^[f[We SdW dWUaY[eWV Se dWeagdUWe WjbWVWV Se eaaSe fZWdW [e S ^WYS^ ad UaefdgUf[hW aT^[YSf[aUa__[ff[Y fZW UZSd[fk fa fZW WjbWV[fgdW+ 9^^ dWeagdUWe WjbWVWV SdW SUUagfWV Xad a SSUUdgS^e TSe[e SV fZW [ddWUahWdST^W S_agf aX O9M [e [U^gVWV [fZW WjbWeW fa iZ[UZ [f dW^SfWe+

jbWV[fgdW a dS[e[Y XgVe dW^SfW fa Uaefe [UgddWV [ dS[e[Y VaSf[ae SV ^WYSU[We) bSdf[Ug^Sd^k ISfdae SV @dS`fe+

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

+ 5OO[aZ`UZS [XUOUQ_

$7[Z`UZaQP%

MZW Uaefe dW^Sf[Y fa V[dWUf UZSd[fST^W WjbWV[fgdW dW^SfW fa fZaeW ebWU[X[US^^k [UgddWV [ ^[W i[fZ fZW _S[ S[_e S`V aT\WUf[hWe aX fZW UZSd[fk+

@ahWdSUW Uaefe [U^gVW fZaeW [UgddWV [fZW YahWdSUW aX fZW UZSd[fk SV [fe SeeWfe SV SdW bd[_Sd[^k SeeaU[SfWV i[fZ Uaef[fgf[aS^ SV efSfgfadk dWcg[dW_W`fe+

Lgbbadf Uaefe [U^gVW UWfdS^ XgUf[ae SV ZShW TWW S^^aUSfWV fa SUf[h[fk Uaef USfWYad[We aS TSe[e Uae[efWf i[fZ fZW geW aX dWeagdUWe) W+Y+ S^^aUSf[Y efSXX Uaefe Tk fZW f[_W ebWf SV afZWd Uaefe Tk fZW[d geSYW+

+(0 GMZSUNXQ RUdQP M__Q`_

MSY[T^W X[jWV SeeWfe SdW [[f[S^^k _WSegdWV Sf Uaef SV egTeWcgWf^k _WSegdWV Sf Uaef ad hS^gSf[a)Wf aX VWbdWU[Sf[aSV Sk [_bS[d_Wf ^aeeWe+

=WbdWU[Sf[a[e dWUaY[eWV ea Se fa id[fW aXX fZW Uaef ad hS^gSf[aaX SeeWfe ^Wee fZW[d dWe[VgS^ hS^gWe ahWd fZW[d geWXg^ ^[hWe a fZW Xa^^ai[`Y TSeWe7

?[jfgdWe SV X[ff[Ye LfdS[YZf ^[W Sf /2$ bWd S``g_ Fafad hWZ[U^We LfdS[YZf ^[W Sf /2$ bWd S``g_

MZW YS[ad ^aee Sd[e[Y afZW V[ebaeS^ aX S SeeWf [e VWfWd_[WV Se fZW V[XXWdWUW TWfiWWfZW eS^W bdaUWWVe SV fZW USddk[Y hS^gW aX fZW SeeWf) SV [e dWUaY[eWV [ fZW efSfW_Wf aX X[S`U[S^ SUf[h[f[We +

+(1 >Y\MU^YQZ[R RUdQP M__Q_

9f WSUZ dWbadf[Y WV VSfW) fZW <ZSd[fk dWh[Wie fZW USddk[Y S_agfe aX [fe fSY[T^W SeeWfe fa VWfWd_[W iZWfZWd fZWdW [e Sk [V[USf[afZSf fZaeW SeeWfe ZShW egXXWdWV S [bS[d_Wf ^aee+ BX Sk egUZ [V[USf[a Wj[efe) fZW dWUahWdST^W S_agf aX fZW SeeWf [e Wef[_SfWV [ adVWd fa VWfWd[W fZW WjfWf aX fZW [_bS[d_Wf ^aee '[X Sk ( +

+(2 7M_T MZP OM_T Q]aUbMXQZ`_

<SeZ SV USeZ Wcg[hS^Wfe [U^gVW USeZ [ ZSV SV VWbae[fe ZW^V Sf US^^ i[fZ TS`]e+

+(3 ;UZMZOUMX UZ_^aYQZ_

MZW <ZSd[fk ZSe W^WUfWV fa Sbb^k fZW bdah[e[ae aX LWUf[a .. q;Se[U ?[SU[S^ Befdg_Wfer SV LWUf[a ./ qHfZWd ?[SU[S^ Befdg_Wfe BeegWer aX ?KL .-/ fa S^^ aX [fe X[SU[S^ [efdg_Wfe+

?[SU[S^ [efdg_Wfe SdW dWUaY[eWV [ fZW <ZSd[fk &e TS^SUW eZWWf iZW fZW <ZSd[fk TWUa_We bSdfk fa fZW UafdSUfgS^ bdah[e[ae aX fZW [efdg_Wf+

?[SU[S^ SeeWfe SV ^[ST[^[f[We SdW aXXeWf) i[fZ fZWWf S_agfe bdWeWfWV [fZW X[SU[S^ efSfW_Wfe) iZWfZWdW [e S ^WYS^^k WXadUWST^W d[YZf fa eWf aXX fZW dWUaY[eWV S_agfe SV fZWdW [e S [fWf[afa eWff^W a S Wf TSe[e ad fa dWS^[eW fZW SeeWf SV eWff^W fZW ^[ST[^[fk e[_g^fS`Wage^k+

(6F?8 <?B6B8?6@ 6FF;GF

;Se[U X[SU[S^ SeeWfe) iZ[UZ [U^gVW VWTfade SV USeZ SV TS] TS^SUWe) SdW [[f[S^^k _WSegdWV Sf fdSeSUf[a bd[UW [U^gV[Y fdSeSUf[a Uaefe SV SdW egTeWcgWf^k USdd[WV Sf S_adf[eWV Uaef ge[Y fZW WXXWUf[hW [fWdWef _WfZaV g^Wee fZW SddSYW_Wf Uaef[fgfWe S X[SU[Y fdSeSUf[a) iZWdW fZW fdSeSUf[a[e _WSegdWV Sf fZW bdWeWf hS^gW aX fZW XgfgdW dWUW[bfe V[eUagfWV Sf S _Sd]Wf dSfW aX [fWdWef+ ?[SU[S^ SeeWfe U^See[X[WV Se dWUW[hST^W i[fZ[aW kWSd SdW `af S_adf[eWV+

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

+ 5OO[aZ`UZS [XUOUQ_

$7[Z`UZaQP%

(6F?8 <?B6B8?6@ @?67?@?G?;F

;Se[U X[SU[S^ ^[ST[^[f[We) [U^gV[Y UdWV[fade SV TS] ^aSe SdW [[f[S^^k dWUaY[eWV Sf fdSeSUf[abd[UW g^Wee fZW SddSYW_Wf Uaef[fgfWe S X[SU[Y fdSeSUf[a) iZWdW fZW VWTf [efdg_Wf [e _WSegdWV Sf fZW bdWeWf hS^gW aX fZW XgfgdW b Sk_W fe V[eUagfWV Sf S _Sd]Wf dSfW aX [fWdWef+ ?[SU[S^ ^[ST[^[f[We U^See[X[WV Se bSkST^W i[fZ[aW kWSd SdW `af S_adf[eWV+

=WTf [efdg_Wfe SdW egTeWcgWf^k USdd[WV Sf S_adf[eWV Uaef) ge[Y fZW WXXWUf[hW [`fWdWef dSfW _WfZaV+

MdSVW UdWV[fade SdW aT^[YSf[ae fa bSk Xad YaaVe ad eWdh[UWe fZSf ZShW TWW SUcg[dWV [fZW adV[Sdk UagdeW aX abWdSf[ae Xda_ egbb^[Wde+ 9_agfe bSkST^W SdW U^See[X[WV Se UgddWf ^[ST[^[f[We [X bSk_Wf [e VgW i[fZ[aW kWSd ad ^Wee+ BX af) fZWk SdW bdWeWfWV Se a*UgddWf ^[ST[^[f[We+ MdSVW UdWV[fade SdW dWUaY[eWV [[f[S^^k Sf fdSeSUf[abd[UW SV egTeWcgWf^k _WSegdWV Sf S_adf[eWV Uaef ge[Y fZW WXXWUf[hW [`fWdWef _WfZaV+

*;E;8C=B?G?CB C< <?B6B8?6@ @?67?@?G?;F

?[SU[S^ ^[ST[^[f[We SdW VWdWUaY[eWV iZW fZW <ZSd[fk re UafdSUfgS^ aT^[YSf[ae Wjb[dW ad SdW V[eUZSdYWV ad US`UW^^WV+

+(+* GMdM`U[Z

9e S dWY[efWdWV UZSd[fk fZW LaU[Wfk [e WjW_bf Xda_ fSjSf[aa [fe SUf[h[f[We iZ[UZ XS^^ i[fZ[fZW eUabW aX bSdf .- BM9 /--4 SV eWUf[a/23 aX fZW MSjSf[a aX <ZSdYWST^W @S[`e 9Uf .66/+

+(++ 9Y\X[eQQ NQZQRU`_

MZW Uaef aX Sk ggeWV Za^[VSk Wf[f^W_Wf [e dWUaY[eWV [ fZW bWd[aV [` iZ[UZ fZW W_b^akWWre eWdh[UWe SdW dWUW[hWV+

MWd_[Sf[a TWWX[fe SdW dWUaY[eWV [WV[SfW^k Se SWjbWeW iZWfZW <ZSd[fk [e VW_aefdST^k Ua[ffWV fa fWd_[SfW fZW W_b^ak_Wf aX SW_b^akWW ad fa bdah[VW fWd_[Sf[aTWWX[fe+

MZW UZSd[fk SV_[[efWde S bWe[aeUZW_W Xad S^^ W^[Y[T^W efSXX [ ^[W i[fZ AF @ahWd_Wf&e Sgfa*Wda^_Wf dWYg^Sf[ae) Uafd[Tgf[ae bSkST^W SdW UZSdYWV fa fZW LfSfW_Wf aX ?[SU[S^ 9Uf[h[f[We [ fZW kWSd bSkST^W+ <aefe [UgddWV Vgd[Y fZW kWSd SdW eZai[ afW 5+ MZWdW iWdWa S_agfe agfefSV[Y Sf fZW kWSd WV+

+(+, EQU^QYQZ NQZQRU`_

ISk_Wfe fa VWX[WV Uafd[Tgf[a dWf[dW_Wf TWWX[f eUZW_We SdW UZSdYWV Se SWjbWeW Se fZWk XS^^ VgW+

KWfS^e Sbb^[UST^W fa abWdSf[Y ^WSeWe) iZWdW egTefSf[S^^k S^^ fZW TWWX[fe SV d[e] aX aiWdeZ[b dW_S[i[fZ fZW ^Weead) SdW UZSdYWV fa fZW LfSfW_Wf aX ?[SU[S^ 9Uf[h[f[We ahWd fZW bWd[aV [iZ[UZ fZW Uaef [e [UgddWV+ MZW CE@; ZSe a SeeWfe gVWd X[SUW ^WSeWe) iZ[UZ UaXWd d[YZfe) SV aT^[YSf[ae e[_[^Sd fa fZaeW SffSUZWV fa aiWV SeeWfe+

+(+- I[XaZQQ^_ MZP P[ZMQP Q^bUOQ MZP RMOUXU`UQ_

MZW hS^gW aX eWdh[UWe bdah[VWV Tk ha^gfWWde [eaf [UadbadSfWV [fa fZWeW X[SU[S^ efSfW_Wfe+ ?gdfZWd VWfS[^e aX fZW Uafd[Tgf[a_SVW Tk ha^gfWWde USTW XagV [fZW MdgefWWe& S``gS^ dWbadf+ MZS]e fa agd ^SdYW S^g_[Wfiad] SV dW^Sf[aeZ[be i[fZ Ua__g[fk adYS[eSf[ae) dWVgUWV dSfWe Xad VWe[Y SV bd[f Uaefe) ^WYS^ XWWe Se iW^^ Se bdW_[eWe Z[dW ZShW TWWY[hW ad VaSfWV fa S Ua_T[WV hS^gW aX SdagV m2-)---) ZaiWhWd fZWeW X[YgdWe ZShWaf TWW[U^gVWV Se fZWk SdW WjfdW_W^k V[XX[Ug^f fa hS^gW+

+(+. ;aZP_ _^aOa^Q

MZW UZSd[fk ZSe S g_TWd aX dWefd[UfWV [Ua_W XgVe fa SUUagf Xad e[fgSf[ae iZWdW S Vaad dWcg[dWe fZSf fZWk _gef TW ebWf a S bSdf[Ug^Sd bgdbaeW ad XgVe ZShW TWW dS[eWV Xad S ebWU[X[U bgdbaeW+ 9^^ afZWd XgVe SdW gdWefd[UfWV [Ua_W XgVe+

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

+ 5OO[aZ`UZS [XUOUQ_

$7[Z`UZaQP%

+(+/ ?@<6 S^[a_

MZWeW SUUagfe Vaaf SUUagf Xad fZW ^aUS^ XgVe ZW^V Tk [V[h[VgS^ g[fe8 [fZW ab[[aaX fZW MdgefWWe) fZWeW SdWaf _SfWd[S^+

, 7^UUOMX MOO[aZUZS Q_UYMQ_ MZP VaPSQYQZ`_

BfZW Sbb^[USf[a aX fZW <ZSd[fkre SUUagf[Y ba^[U[We) fZW MdgefWWe SdW dWcg[dWV fa S]W \gVYW_Wfe) Wef[_SfWe SV Seeg_bf[ae STagf fZW USddk[Y S_agf aX SeeWfe SV ^[ST[^[f[We fZSf SdW af dWSV[^k SbbSdWf Xda afZWd eagdUWe+ MZW Wef[SfWe SV SeeaU[SfWV Seeg_bf[ae SdW TSeWV aZ[efad[US^ WjbWd[WUW SV afZWd XSUfade fZSf SdW Uae[VWdWV fa TW dW^WhS`f+ 9UfgS^ dWeg^fe _Sk V[XXWd Xda fZWeW Wef[_SfWe+

MZW Wef[_SfWe SV gVWd^k[Y Seeg_bf[ae SdW dWh[WiWV aS aYa[Y TSe[e+ KWh[e[ae fa SUUagf[Y Wef[_SfWe SdW dWUaY[eWV [fZW bWd[aV [ iZ[UZ fZW Wef[_SfW [e dWh[eWV iZWdW fZW dWh[e[aSXXWUfe a^k fZSf bWd[aV) ad [fZW bWd[aV aX fZW dWh[e[a SV XgfgdW bWd[aVe iZWdW fZW dWh[e[a SXXWUfe TafZ UgddWf SV XgfgdW bWd[aVe+

- 8[ZM`U[Z_ MZP XQSMOUQ_

|HZ^Q_^UOQP
EQ_^UOQP
RaZP_
RaZP_
,,+
,
,+
g
g
?gVdS[e[Y SV<br>Uafd[Tgf[ae<br>/5)133<br>*<br>@dSfe
5-)/-/
325)31.
ISfdae<br>/-)/2-<br>*<br>./5)6.5<br>325)31.<br>7TM^UMNXQ MOUbUUQ_
5OUbUUQ_ MZP
^MUZUZS R[^<br>e[aZS \Q[\XQ<br>FaYYQ^&<br>cUZQ^ MZP
cQQWQZP
OMY_
,,+
,
,+
g
g
LS^We i[fZ[UZSd[fST^W<br>SUf[h[f[We<br>..1)103<br>'4)//-(|G[MXNdWefd[UfWV<br>XgVe
,,+
/-/-
g
m
/5)133
.2)543
405)510
26)/30
/-)/2-
.52)--3
454)226
/3-).12
G[a^ MZP
QdOTMZSQ

AQYNQ^
_aN_O^U`U[Z

,
,+
,,+
g
g
'/)36-(
1).1-|KWefd[UfWV
XgVe<br>/-/-<br>m<br>*<br>5.3)12.<br>*<br>5.3)12.<br>G[MX
,
,+
g
.-5)333|MafS^
/-/-
m
.2)543
542)4.1
.52)--3| |---|---|---|---| ||||.)-43)263| ||||G[`MX
,,
g
266)-.4|

. 7TM^UMNXQ MOUbU`UQ_

MZW WYSf[hW X[YgdWe [ /-/. dW^SfW fa XgVe [eegWV Xad US_be SV fagde iZ[UZ iWdW g`ST^W fa Ya SZWSV VgW fa <ah[V*.6+

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

. 7TM^UMNXQ MOUbU`UQ_

$7[Z`UZaQP%

;[^ `TQ eQM^ QZPQP -+ AM^OT ,,

5OUbUUQ_ MZP FaYYQ^& G[a^_ MZP HZUR[^Y_& AQYNQ^_ G[`MX
^MUZUZS R[^|cUZQ^ MZP QdOTMZSQ_ OX[TUZS MZP|_aN_O^U\U[Z_ ,,
e[aZS \Q[\XQ cQQWQZP YQ^OTMZPU_Q
OMY_
g g g g g g
LS^We i[fZ[` UZSd[fST^W
SUf[h[f[We .23)/2. /20)-05 .43)0-6 /)256
.-)50-

266)-.4
9S^ke[e Tk XgV
NdWefd[UfWV XgVe .23)/2. /20)-05 .43)0-6 /)256
.-)50-

266)-.4
/ >ZbQ_YQZ_
HZ^Q_^UOQP N`dWefd[UfWV
RaZP_ Xg`Ve
,*,+ /-/-
g m
B`fWdWef dWUW[hST^W .2/ 2-1
MZ[e [e VWd[hWV Xda_ [fWdWef|TWSd[Y VWbae[f SUUag`fe+
0 C`TQ^ UZO[YQ
EQ_^UOQP MafS^
RaZP_
,*,+ /-/-
g m
HfZWd [`Ua_W ..1)021 *

HfZWd [Ua_W dW^SfWe fa fZW <adaSh[dge CaT KWfWf[a LUZW_W+

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

|HZ^Q_^UOQP
EQ_^UOQP
RaZP_
RaZP_
,,+
,
,+
g
g
?gVdS[e[Y SV bgT^[U[fk<br>HfZWd XgVdS[e[Y Uaefe<br>/)-.3<br>/)55-<br>LfSXX Uaefe<br>0-)3/3<br>..)4-3<br>?gVdS[e[Y SV bgT^[U[fk
0/)31/
.1)253
7TM^UMNXQ MOUbUUQ_<br>=[dWUf UZSd[fST^W WjbWV[fgdW aefSXX Uaefe<br>9Uf[h[f[We SV fdS[[Y Xad kagY bWab^W<br>Lg__Wd) i[fWd SV iWW]WV US_be
Magde SV WjUZSYWe
A[dW aX ^aUS^ Ydagb bdW_[eWe
LgTe[V[We SV TgdeSd[We fa bSdf[U[bSfe
HXX[UW Uaefe '[U^gV[Y baefSYW SV g[Xad_e(
Lgbbadf Uaefe SV YahWdSUW Uaefe<br>LfdSfWYk SV bda_af[aS^ Uaefe<br>N[Xad_e U^afZ[Y SV _WdUZSV[eW<br>5ZMXe_U_ Ne RaZP<br>NdWefd[UfWV XgVe<br>KWefd[UfWV XgVe|G[MXNdWefd[UfWV
XgVe<br>,*,+<br>/-/-<br>g<br>m<br>1)563<br>/)4/5<br>1/)00/<br>1/)/2-<br>14)//5<br>11)645<br>,*,+<br>,*,*<br>g<br>g<br>24.)-60<br>3..)453<br>/4/).46<br>115).35<br>3)420<br>/4.).4-<br>010<br>.25)/34<br>.)002<br>.6)124<br>150<br>.2)622<br>.2)262<br>./)5/3<br>./2)401<br>/13)6.3<br>.4)013<br>*<br>2)4-5<br>0)321<br>.)-.3)236<br>.)455).66<br>.)-.3)236<br>.)455).66<br>.14)-./<br>6-4)03-<br>536)224<br>55-)506<br>.)-.3)236<br>.)455).66|G[MXNdWefd[UfWV<br>XgVe
,,+
/-/-
g
m
1)563
/)4/5
1/)00/
1/)/2-
14)//5
11)645
,
,+
,,
g
g
24.)-60
3..)453
/4/).46
115).35
3)420
/4.).4-
010
.25)/34
.)002
.6)124
150
.2)622
.2)262
./)5/3
./2)401
/13)6.3
.4)013

2)4-5
0)321
.)-.3)236
.)455).66
.)-.3)236
.)455).66
.14)-./
6-4)03-
536)224
55-)506
.)-.3)236
.)455).66| |---|---|---| |||11)645| |||,
,
g
3..)453
115).35
/4.).4-
.25)/34
.6)124
.2)622
./)5/3
/13)6.3

0)321| |||.)455).66| |||.)455).66| |||6-4)03-
55-)506| |||.)455).66|

2 7TM^UMNXQ MOUbU`UQ_

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

3

|HZ^Q_^UOQP
RaZP_
EQ_^UOQP
RaZP_
g
g
Lgbbadf <aefe
LS^Sd[We SV bWe[a<br>Uafd[Tgf[ae<br>//)613<br>0)2/3<br>AWSVcgSdfWde<br>SV_[[efdSf[a<br>3)135<br>10)./6<br>Fafad dg``[Y WjbWeWe<br>.)52-<br>*<br>=WbdWU[Sf[a
615
0)665
BegdSUW aX SUf[h[f[We

.2)45/
@ahWdSUW <aefe
LS^Sd[We SV bWe[a<br>Uafd[Tgf[ae<br>6)/.4<br>/)5.1<br>9gV[f XWWe<br>.2)-1/<br>*<br>HfZWd YahWdSUW Uaefe<br>.0<br>*<br>23)151<br>36)/16|,*,+ HZ^Q_^UOQP<br>RaZP_<br>EQ_^UO`QP
RaZP_
g
g
g
/3)14/
0.)311
/.)/1.
16)264
../)603
//)255
.)52-
0)461

1)613
.)/66
0)665
.2)45/
.2)/-0

./)-0.
/1)336

.2)-1/
3).5-

.0
0)030

./2)401
.66)-55
14)5/4|,,
g
2/)552
.02)2/1
0)461
2)/64
.2)/-0
/1)336
3).5-
0)030| |---|---|---| |||/13)6.3|

@ahWdSUW Uaefe [U^gVWe bSk_Wfe fa fZW SgV[fade aX m.2)-1/ '/-/-* m3).5-( Xad SgV[f XWWe+

+* G^a_`QQ_

GaW aX fZW CE@; MdgefWWe 'ad Sk bWdeae Ua``WUfWV i[fZ fZW_( dWUW[hWV Sk dW_gWdSf[a ad TWWX[fe Xda_ fZW <ZSd[fk Vgd[Y fZW kWSd '/-/-7 Ga`W(+

Ga WjbWeWe iWdW bS[V fa fZW MdgefWWe [ fZW kWSd '/-/-7 Ga`W (

++ 9Y\X[eQQ_

MZW ShWdSYW _afZ^kg_TWd aX W_b^akWWe Vgd[`Y fZW kWSd iSe7

MZW ShWdSYW _afZ^kg_TWd aX W_b^akWWe Vgd[`Y fZW kWSd iSe7
9Uf[h[f[We SV MdS[[Y Xad RagY IWab^W
PW PWdW MZWdW Maa
HfZWd 'YWWdS^) XgVdS[e[Y) SV_[[efdSf[a) _SSYW_W`f(
MafS^
,*,+
BaYNQ^
.2
0
4
/2
,,
BaYNQ^
/-
0
4
0-

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

++ 9Y\X[eQQ_ $7[Z`UZaQP%
9Y\X[eYQZO[__ ,*,+ ,,
g g
PSYWe S`V eS^Sd[We 255)/6. 330)352
LaU[S^ eWUgd[fk Uaefe 14)003 20)-44
HfZWd bWe[a Uaefe .1)561 .1)5/5
32-)2/. 40.)26-
MZW g_TWd aX W_b^akWWe iZaeW S``gS^ dW_gWdSf[aiSe _adW fZS
m3-)--- [e Se Xa^^aie7
,*,+ ,,
BaYNQ^ BaYNQ^
m5-)--. * m6-)--- * .
m6-)--. * m.--)--- . *
+, EQYaZQ^MU[Z [R WQe YMZMSQYQZ \Q^_[ZZQX
,*,+ ,,
g g
KW_gWdSf[a Xad cgS^[Xk[`Y eWdh[UWe ..-)53. .-4)5-2
+- GMZSUNXQ RUdQP M__Q`_
;Uda^Q_ MZP|<br>A[[^ bQTUOXQ_ G[`MX
RU``UZS_
g
g
g
7[_`
9f . 9bd[^ /-/- 16)113
.2)66-
32)103
9f 0. FSdUZ /-/. 16)113
.2)66-
32)103
8Q\^QOUMU[Z MZP UY\MU^YQZ
9f . 9bd[^ /-/- 13)3--
4)663
21)263
=WbdWU[Sf[aUZSdYWV [ fZW kWSd 616
0)664
1)613
9f 0. FSdUZ /-/. 14)216
..)660
26)21/
7M^^eUZS MY[aZ`
9f 0. FSdUZ /-/. .)564
0)664
2)561
9f 0. FSdUZ /-/- /)513
4)661
.-)51-

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

+. 8QN`[^_

8QN`[^_
5Y[aZ_ RMXXUZS PaQ cUTUZ [ZQ eQM^4
MdSVW VWTfade
HfZWd VWTfade
IdWbSk_Wfe SV SUUdgWV [`Ua_W
,*,+
g
/2.)/6-
5)//0
./)15-
/4.)660
,,
g
60).56
..6)145
.2)/46
//4)613

MdSVW =WTfade [U^gVWe S YdSf bSk_Wf aX m/.3)3/3 '/-/-7 m-( Xda_ =<FLre RagfZ <ah[V*.6 Lgbbadf ?gV) b Sk_Wf iSe dWUW[hWV [ 9bd[^ /-/.+

+/ 7^QPU[^_4 MY[aZ_ RMXXUZS PaQ cU`TUZ [ZQ eQM^

7^QPU[^_4 MY[aZ_ RMXXUZS PaQ cU`TUZ [ZQ eQM^
MdSVW UdWV[fade
HfZWd UdWV[fade
9UUdgS^e SV VWXWddWV [Ua_W
,*,+
g
3/)050
43)052
.01)04-
/40).05
,,
g
*
53).40
3)0/6
6/)2-/

+0 EQU^QYQZ NQZQRU` OTQYQ

8QRUZQP O[Z^UNaU[Z OTQYQ

MZW <ZSd[fk abWdSfWe S VWX[WV Uafd[Tgf[abWe[aeUZW_W Xad S^^ cgS^[Xk[Y W_b^akWWe+ MZW SeeWfe aX fZW eUZW_W SdW ZW^V eWbSdSfW^k Xda_ fZaeW aX fZW <ZSd[fk [S [VWbWVWf^k SV_[[efWdWV Xg`V+

MZW UZSdYW fa bdaX[f ad ^aee [dWebWUf aX VWX[WV Uafd[Tgf[a eUZW_We iSe m.1)561 '/-/- * m.1)5/5(+

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

+1 EQ_^UOQP RaZP_

MZW [Ua_W XgVe aX fZW UZSd[fk [U^gVW dWefd[UfWV XgVe Ua_bd[e[Y fZW Xa^^ai[Y gWjbWVWV TS^SUWe aX VaSf[ae SV YdSfe ZW^V a fdgef Xad ebWU[X[U bgdbaeWe7

|||A[bQYQZUZ RaZP_|A[bQYQZ UZ RaZP_|| |---|---|---|---|---| ||6MXMZOQ M|>ZO[YUZS|EQ_[a^OQ_|6MXMZOQ M| ||+ 5\^UX ,,|^Q_[a^OQ_|Qd\QZPQP
-+|AM^OT ,,+| ||g|g|g|g| |9UUdWV[fWV RagfZ EWSVWdeZ[b MdS[[Y||1)---|'/)5--(|.)/--| |=aX>|//)2--|2)---|'0/)133(|'1)633(| |=aX> * LbWU[S^ GWWVe Idah[e[a|6)-22|*|*|6)-22| |Wha^hW * kagY ha^gfWWd[Y [[f[Sf[hW|24)424|042)/3/|'1/-)655(|./)-0.| |CWi[eZ BVWf[fk SV ZWd[fSYW SUf[h[f[We|*|/-)0-3|'/-)0-3(|*| |G<L|.2)/42|/3).4/|'/1)03.(|.4)-53| |LWUgd[fk|*|.)242|'.)242(|*| |PW PWdW MZWdW Maa|23)342|6)4--|'13)335(|.6)4-4| |RagfZ <ah[V*.6 Lgbbadf ?gV||/.3)3/3|'/.3)3/3(|| |OWZ[U^W IgdUZSeW|4)662||'0)666(|0)663| |CaT KWfWf[a LUZW_W||..1)021|'..1)021(|*| ||.36)/24|44/)662|'551).10(|25).-6|

+2 5ZMXe_U_ [R ZQM__Q NQ`cQQZ RaZP

5ZMXe_U_ [R ZQM__Q NQ`cQQZ RaZP
HZ^Q_^UOQP
RaZP_
EQ_^UOQP
RaZP_
,,+
,
,+
g
g
?gV TS^SUWe Sf 0.
FSdUZ /-/. SdW
dWbdWeWfWV Tk7<br>MSY[T^W SeeWfe
2)561

<gddWf SeeWfe,<br>'^[ST[^[f[We(<br>/46)./.<br>*<br> <br>/52)-.2<br>*<br>|G[MXNdWefd[UfWV<br>XgVe
KWefd[UfWV
Xg`Ve
,
,+
/-/-
/-/-
g
m
m
2)561
.-)51-

/46)./.
0/4)/1.

/52)-.2
005)-5.
*
MafS^
/-/-
m
.-)51-
0/4)/1.
005)-5.

+3 C\Q^MUZS XQM_Q O[YYUYQZ`_

9f fZW dWbadf[Y WV VSfW fZW <ZSd[fk ZSV agfefSV[Y Ua__[f_Wfe Xad XgfgdW _[[g ^WSeW bSk_Wfe gVWd a*USUW^^ST^W abWdSf[Y ^WSeWe) iZ[UZ XS^^ VgW Se Xa^^aie7

P[fZ[aW kWSd
;WfiWWfia SV X[hW kWSde
,*,+
g
4).--
/5)1--
02)2--
,,
g
.-)61/
*
.-)61/

?9J>F= @58F# " <>E@F# 6E><589

BCG9F GC G=9 ;>B5B7>5@ FG5G9A9BGF $7CBG>BH98%

,12 4-+ 5+'2 +0+ &$ /'2)- %#%$

+3 C\Q^MUZS XQM_Q O[YYUYQZ`_

$7[Z`UZaQP%

MZW STahW dW^SfW fa ^WSeWZa^V ^SV) Tg[^V[Ye SV fW^WbZaW ekefW_e+

,* EQXMQP \M^e ^MZ_MOU[Z_

<S_bWdVaiAageW Mdgef [e S dW^SfWV bSdfk [ dWebWUf aX fZW Xa^^ai[`Y7

MZW <S_bWdVaiAageW Mdgef iSe Xad_WV Xa^^ai[Y fZW eS^W aX fZW ad[Y[S^ CE@; AWSVcgSdfWde Xda_ fZW bdaUWWVe [ .606+ MZW bd[_Sdk bgdbaeW [e fa "XgdfZWd fZW iad] aX fZW UZSd[fk US^^WV fZW CWi[eZ ESVe& % @[d^e& ;d[YSVW"+

NCB9 [e S dW^SfWV bSdfk [dWebWUf aX fZW Xa^^ai[Y7

,+ @QSMX Ma [R TQ OTM^Ue

CE@; [e S bd[hSfW Ua_bSk ^[_[fWV Tk YgSdSfWW [UadbadSfWV [ >Y^SV SV PS^We SV ZSe a eZSdW USb[fS^+ MZW ^[ST[^[fk aX WSUZ _W_TWd [ fZW WhWf aX i[V[Y gb [e ^[_[fWV fa m.+ MZW dWY[efWdWV aXX[UW [e <S_bWdVai) 0 ;WWUZUdaXf KaSV) LagfZ PaaVXadV) EaVa) >.5 .E9+

,, FaN_UPUQ_ MZP Na^M^UQ [ \M^UOU\MZ`_

MZW egTe[V[We fa [V[h[VgS^e dWbdWeWf X[SU[S^ See[efSUW fa WST^W bSdf[U[bSfe aX fZW CE@; XSU[Y X[SU[S^ ZSdVeZ[b fa fS]W S Xg^^ SV SUf[hW bSdf [ CE@; bdaYdS__We+ 9^^ _SffWde aX X[SU[S^ See[efSUW SV iW^XSdW SdW VWS^f i[fZ [fZW efd[UfWef aX UaX[VWUW Tk S [VWbWVWf dWbdWeWfSf[hW aX fZW CE@; iZa [e af S MdgefWW+ MZWdW SdWa SVV[f[a`S^ egbbadf Uaefe SeeaU[SfWV i[fZ egTe[V[We+

,-
7M_T SQZQ^MQP R^[Y [\Q^MU[Z_
=WX[U[f Xad fZW kWSd
9V\gef_Wfe Xad7<br>BhWef_Wf [Ua_W dWUaY[eWV [ efSfW_Wf aX X[SU[S^ SUf[h[f[We<br>=WbdWU[Sf[a SV [_bS[d_Wf aX fSY[T^W X[jWV SeeWfe<br>FahW_Wfe [iad][Y USb[fS^7
'BUdWSeW( [ VWTfade
BUdWSeW,'VWUdWSeW( [ UdWV[fade
7M_T SQZQ^MQP R^[Y)$MN_[^NQP Ne% [\Q^MU[Z_
,,+
,
,*
g
g
'20)-33(
'.24)-3-(
'.2/(
'2-1(
1)613
2)/64
'11)-14(
'64)642(
.5-)304
'6)251(
55)0.5
'/26)5/3(