REGISTERED CHARITY ￿UmBER. 199534
REPORT OF THE TRUSTEES ANI)
UNAUDITED FINAThCIAL STATEMEYI TS
FOR THE YEAR ENDF.D 31ST OCTOBER 2025
FOR
EXBURY GARDEIYS TRUST
Martin and Company
25 Si Thom&s Streei
Winchesier
Hampshire
S023 9HJ

F.XBURY GARDEN
TRUST
COTr+TENTS OF THE FINANCIAL.STATF.MENTS
FOR THF. YEAR EI%DED.IIST OCTOFITr".R 2025
Page
Report of the Trnstee5
Inilependent Examiner's R¢port
Staternent of FRnantial Activities
Balance Sheet
Notcs to the Financial Stat¢Tnent5
7 to 12
l)etasled StateTnent of Financial Activitie5
13 to 14

EXBLRY GARDENS TR
RF.PORT OF THE TRUSTEES
FOR THE YEAR ETr4DED 315T OCTOBTr.R 2
25
Thc trustees p￿Sent their report ￿th the financial 5tatcm¢nL% of the charity for thc yeaT ended 315t Ociober 2025 Thc
Iru5te¢s have adopted the provisions of Accounting and Reporting by ChaTities.' Statment of Recomm¢nded Praciice
applicable lo chdTiiies prepann¥ their accounts in accordaiicc with the Financial Reporting Standard applicable in the
UK aTLd Republic ofireland IFRS 102) {effc¢iiv¢ l January 2019).
OBJECTIVES AND ACTivrrtES
Status and Objectives ofthe Charkty
The objeciives or the Trn￿t are.. Ihe mainien2nce, improvemeni, development and preservalion of Exbury Gardens: the
upeningj of these gardens to the public,. Ihe advanLe¥tienl vf hurtlLuliurdl SLILllLL, knuwlLdgL ILamin¥) dtsd the
prvvisiun uldunatiuns lor suLh chdritdblL purposcs in any part ot the world. at such time or t1111¢5. and in Such manner as
the TTU5tee.4 %hall, In theii absolut¢ diEcrction. think fil.
Public Bencfit
Thc Trusiccs havc paid due rcgord lo thc Chariiy Commib&iun's bwidanL¢ UD public benefit In iheiT diTe¢iion of the
Ttust's aLiiviiies. The Trust provides a public bcncfit in thc forni of charitable donations as outlined above.
ACIIIEVLMENTS AND PERFORMANCE
Charitabl¢ drtlvkties
The Tnjsl bTeneraled nel expendiLure belore any &Tains on invesimenls vf £254,095 12024: inbum¢' £20,789).
Chaniablc dunatiort% amounting to £?54.720 {?024 £1 ¥9,0001 were made to Exbury Cjardens Limited and The Society
of Ho￿￿1¢al Art%. The iMvcstsnuil% incrcased In value by £411.701 1?024.. £793.1501 and tnvc%tmcnts si)Id rcaliscd gains
of £90,12112024.. £49.7971 during the year. Foreign exchange gains in the year amollnied io £10,502 12024-. £187.205).
FINAPICIAL REVIEW
Princip¥l funding 50urce5
Thc charitdblL aetii'itics are ti]nded by the investtnent portlolio which has sufficiertt value w support ¢ontJnued grani
making.
Inyestrnent policy and objectives
The Inve8tment objeciive is to obtain growEh by the way of non-taxable appreciation aDd to generat in¢ome for
charitable dc)n&iians. The return on invesLments continue io provide these resources.
The trustccs manage the risks associated with managemenl of inve51rn¢ni funds by using thc inv¢stmcni advisory
services of Roihschild Wealih Manabpemcnl (UK} Limilcd.
Res¢rvts ptslity
It is the policy of the Trusi ro maintain ILS free reserves at a level which maintains ihe capital base of the ponfolio and
also generaies sufficient income to cover managemeni, administration and suppori cosis. Ai 31 Ociober 2025 the Trust
has funds of £1 I,118,34312024.. £10,835,114).
Golng eoncern
The Tn]site% have sati%fied Ihemselves that rhe trust is a gOI￿g conccm and has adequa￿ resaur¢e.% t() coniinue in
operdiional cxistcnce lor ihe foreseeabl¢ futurc. In fomiing this view the trustccs made appropriaic cnquiric5 snto the
rjnancial po%ilion of and rcsource5 available to ihe Irusi.
The TrusLee5 have resolved to provide on-going financial suppon Lo Exbury Gardens Limited. having reviewed the
¢hallenge5 fdting Ihe business for ihe next Nelve months and in the longer tenn.
Tht irubl¢¢b Loniinue to monitor closely all aspects of the buSln¢bb thtvugh rcguliir mc¢tings ihc directors of the
company. Adequate funds will continuc to bc madc available to support I,xbury Garden5 Limited during the n¢xt twelve
months. In addition. thc company ha5 prcviously sc¢ur¢d a loan of £650.0(M against the TTUSI'S endowThent wth a
option of obtaining a filrther £IOO.000 ifand when required.
FUTURE PLANS
The trustees do noi plan any ch2n8es to the Current objectives or how these are to be achieved.
Page I

F.XBL'RY GAROENS TRVST
REPORT OF THE TRU%TF.F.S
FOR THE YE.4R Ei¥4DED 31ST UCTOIIER 2025
5TRIJCTURE, GOVERNANCE AYD MATr4AGEMENT
Governlng documtnt
The Trust i% contTolled by its governing docurncnl. a Dced of Tn]st dated 2 Novcmber 1987 and tkcd of Amcndmeni
dated l June 19x9, and constitutes an unincorporated charity.
Rttrultment and &ppolntm¢nt of n¢w tru$t¢es
New trustees Fnay be appointed by thc existing tsusiees. The governing document requires iheTe ts) be a minimurtl of 3
trustees with no maximum.
Organa5ational structure
Thc insitcs &rc r&%pun%ihl¢ fur the g¢neTal control and Fnanagernent of the Trust. The trustees give their time freely and
receive llo remuncraiion or oiher financial bencfits.
The trustes meet on a biannual basis lo progress the aitll5 of the charity.
REFERENCE AND ADMIliISTRATIVE DETAILS
Registered Charit). number
299534
Principal addrc55
E%lalc
F.xbury
Southampton
ampshire
S045 IAZ
Trustees
D L dc Rothschild
Baroness K de Koenigswarter
R J Hvwtll
S J L Linnett
L J de Rothschild
M Aspcy
S O'Brien
Independent F.yamlD¢r
L Dixon FCA
i anin and Company
25 Si Thomas Street
Winchester
I lampshire
SD23 9HJ
Bankers
HSBC Bank Pl¢
55 Aknve Bar Street
Souihampton
S014 7DZ
Inve5trnent Manager
Rothschild & Co Wealth Management IUKI Limited
New Court
St Swithin's tane
London
EC4N 8AL
Page 2

b:XBURY GARDENS TR
ST
REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31ST C)CTOBF.R 2025
Approvcd by older of the board of tyust¢es on ..
nd signed on its behalf by..
D L de Ro¢hschild - TTusiee
Page 3

INDEPF.NDENT EXAMINER'S REPORT TO THE TRUSTEES OF
EXBLRY
ARDENS TRUST
Independent cx*miner'5 report to th¢ trnstees of Exbury Gy4rd¢N5 Trust
I iepurt lo the charity tru5t¢¢s on my examination of the accuunis of Exb.ury Ciardens Trusi Iihe Trust) for the yfdr ended
315t Octob¢r 2025.
Rcsponslbklitie5 and basis of report
As Ihe chaTily trusiccs of thc frust you are Tesponsible for the preparation of the &ccounts in accordance with the
requiremenis ofthe Charities Act 2011 I'thc Act).
I repori in Tespecl of my ex&mination of the Trusi's accounts carried out ￿nd¢r Sectith 1111)f the Jtci and ihknrryikng.
my examinaiion I have followed all applicable Directions given by Ihe Chariiy Commjbsion under Section 1451Sllbl of
the Act.
Independent txamintr's 5tattrnent
I have completed my cxaminaiion. I confirni that no material mattcrs have comc to my attention in connecLl011 With the
examinaiion giving me cause io believe that in any marerial respeci..
accounting records were not kcpt in respeci of the Tnjst as required by Secuon 130 of the Act- or
the deci)unts do not dccord with those records: or
the account5 do not comply with th¢ applicablc r¢quiretnenls concerning the foTrn and coDten¢ of accounts Sei out
in the Charities IAccounts and Report5} Eiegulalions 2008 other than any requiremeni that the accounts give a
ttuc and faiT view which Js noi a mziter eonsJdcrLd as parl oran independenl examination.
I h&ve no conccrns and have come across no othcr matters in connection with th¢ examination to whi¢h attcniion should
he drawn in thi% rep()rt in order io tnablc a propcr undcrstartding ofthe acctsunLS to be reached.
L Dixon FCA
Martin and Coinpany
25 St Thom&s Strect
Winchester
Hampshire
S023 9HJ
Dat¢..
Page 4

EXBL'RY GARDEYS TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THF. YF.AR F.NDF.D 31ST OCTOBER 1025
2025
Lnre5tri¢ted
fuvds
2024
Total
fun(ts
Notes
INCOME AND F.T+lDOWMF.Tr4TS FROM
Don&tions and legacies
175,000
Investment income
127.977
133,049
Total
127.977
308,049
EXPENDITURE ON
Raising ￿llds
109.795
76.492
Charitable activities
Chari&ble Activities
27Z,277
210.768
Total
3¥2,1172
287.260
Net gain5 on iDvestnient5
512,324
1.030.134
ET INCOME
Other retogni5ed gainsll105sesl
Gain5 OM revaluaLii)n of fixed
258,229
1,050,923
25,000
283,229
1.05U,923
RECONCILIATION OF FUNDS
Total fiinds brought forward
10,835.1 14
9,784,191
TOTAL FUYDS CARRIED FORWARD
11,118J43
to.835.114
The notes form part of these fiDancial statement5
Page 5

EXBLRY GARDEYS TRUST
B.4LANCF. SHEET
31ST OCTOBF,R 2025
2025
Unrestritted
fund5
2024
Totsl
funds
Notes
FIXF.D ASSETS
Tangible asseis
Invcstmcnts
10
2,52U,1100
8,232.411
2,495.000
7.875,4?4
10,752.411
10,370,424
CLRkF.NT ASSF.TS
Cash di bank
375.531
469,302
CREDITORS
Amount5 talling due wthin one year
12
19,599)
14,6121
ET CURRET44T ASSETS
365,932
464.690
TOT.4L ASSETS LE.SS C.URREYT
LIABILITIES
11.118,343
10.835,114
YET ASSETS
11,118,343
10,835,114
FUNDS
Unrestricted funds
11,118J43
10.835,114
TOTAL FUNDS
11,1 l¥J43
10,835,114
The fi
ncial stateTnents' were approved by the Board of Trustees and authorised for issue
were signed on its behalf by..
on
D L dc Rothschild - Trustcc
Th¢ notes forn pan of these financial stalements
Page 6

F.XBL'RY GARDENS TRUST
NOTES TO THE FifsANC.IAL STATF.MENTS
FOR TIIE YE.4R ENI)ED 31%T ()CTOBER 2025
A(.-COUTrITING POLICIES
Ba515 ofpreparin£ th¢ firtancial statcments
The financial sialemenls of Ihe Charity, which is a public benefii eniiiy under FRS 102. have been prepared in
ac¢ordancc wilh the Chariiie5 SORP IFRS 102) 'AcLuunLingi iin(J Reportink by l-haritie%.' Siatemellt of
ReLI)mmended Practicc applicable to charitie5 prepaTing their accounts in aLLordanLe wilh the Financial
Reporting Standard appliciible in ihe UK and RepubliL of Ireland IFRS 1021 leiTective l January ?0191',
Financial ReportinL Standard 102 The Financial Reporting Siandard applicable in the UK and Republic of
IrelatLd' and the Charili¢S Aci 2011. The findncial stsiemenLs' have beetl prepared under the hislorical cost
conveiilion, with the eKC¢Ption of inve51nKnts which are included al market value, a5 modificd by the revaluation
of ccrtain a55cts.
The financial statements have been prepared on a going concern l)asis. The trusiees consider Ihat there are no
m&l¢ndl unL¢rtainties aTrx)ui the Tru%i's abiliiy io coniinue as a goin¥ ctsn¢em.
The tinanci81 siatcments have been Prepared to give a 'tTue and taiy, vtew and have departed from the Charities
{Account& and Rcwrt%l Regulations 2008 only io thc exitni requircd io provid¢ d 'trll¢ and fair view. This
departure has involved followin¥ the Accountin¥ and Reportiiig by Cliarilies." St2iemeni of Re¢tsmmended
Praciicc applicable io charities prcparing their accounis in accordance with the Financial Reporting Standard
applicable in thc IJK and Rcpublic ol Ircland IFRS 1021 i.%%ucd on 16 July 2014 raihcr ihan thc Accouniing and
Reporting by Chari(ie5'. Sthtcment of Recommended Practice effeciivc from l April 2005 wthich has since bcen
thdrawn.
All InLomL Ib rLLogrnisL￿ in tlie Statement ot Financial Activities oncc the charity has ¢ntitlem¢nt to the funds, it
Ig PTob2blc thai thc income will bc rcceived and thc amouni can bc mcasured rcliably.
Expcnditure
Liabilities are recoLFnised as expendilure a5 soon as there is a legyal or consiructive obligralion Lomti]ilting the
¢hdrily tv thdt expenditure, it is probable Ihat a irdnstcr ot. economiL bcnctiis will be required in seitlenKnt dnd
the amount of thc obligatiort can be mcasured rclidbly. Expenditure ts atcollrtted lor on an a¢Ln￿lS basis and has
been classified under headings that aggTcgalc all co.st rclatcd to the cat¢gary. WhcTC cO.￿ts cannot bc dirccily
aiiribuicd to particular headings thcy have been allocatcd to activitie5 on a basis consistent wth ihe u5¢ of
re.source5.
Gr2nis offcred subject to condiiions which have not been tnet at the year end date are noted as a commiiment but
not a¢¢tued as expenditure.
T&ngRble fixed asset5
Tangible li¥ed assets are slated at Cost and are not dcpreciaied on the grounds that such depreciation would be
immatcridl. It l8 thc policy of the tru%te&%. on lh¢ ground% of ¢ix%t, noi io rcvi¢w Ihc asseis for impaimicnl at each
year end llnles% there is clear evidencc of diminution in value.
T&x&tion
Th¥ Lharity is exempi from tsx on its charitable activities.
Fund Attounting
Unrestrict¢d funds can b¢ u5¢d in accordance with the charitable obj¢ctkVeS at the discreiion of Ihe Irusiees.
Foreign currcncie5
A%.sets and liabilitics in forcign currencies arc translated into sterling at the Tates of exchange Tvling ai ihe
balance she¢1 date. Tranyctitsns in forei8n currencies are translated inio sterling ai ihe Tale of exchange ruling at
the dat£ oftransaction. Exchange differences are taken ioto a¢COUlll in arrivittg at Ihe operating result.
Pag¢ 7
continued...

F.XBLRY GARDENS TRUST
)OTESTO THE FIliANC.IAL STATEMENTS- continued
FOR THE YEAR ENDF.I).I 1ST OCTUBER 2024
ACCOUNT]NC POLICIES- ¢ontinu¢d
Snvtsiment5
Inve5tmenlS are slated at market valut. Profits or losses on the realisauon ofinvestmcnts and unrealised changc
itl mark¢l valu¢ di¢ shown in the Slatcmcnt of Financial Activities in accordance with the S¢atement of
Recommended Pra¢iice for Chdllties.
DVINA TIONS AND LEGACIES
2025
2024
Oth￿ donaliorts
175.0(MJ
INv￿TmENT IPICOME
2025
2024
Rents. TeLeived
Investtneni portfolTO
24,398
103,579
26,098
106,951
127,977
133,049
RAIsifiG FUISDS
Jnv¢stmeni man¥gemeni costs
2025
2024
Portfolio nunagTein¢iit fee
Property rnanagcmerti fee
Propcrty Tepairs and ￿l￿1¢Ton¢¢
67,IIU7
5,754
37.034
61,768
5,168
9.556
1119.795
76,492
CHARITABLE ACTIVITIES COSTS
Grant
fvnding of
Support
costs (see
note 7)
{sce txolc
61
Tota15
Charitable Aciivities
254,720
17,557
272,277
Page 8
continued...

EXBbRY GARDENS TR
ST
TES TO THE FIrriANCIAL STATEMENTS- coniln
FOR THE yE.￿R ENDED 31ST nCT(IBTr".R 2025
GRAriTS PAI'ABLE
2025
2024
Charitable Activities
254,7211
189.0(N)
Thc total gtants paid tu ill5titulions duiing the ycar was as follows..
2025
2024
Exbury Cjardens Limited
The Society of BO￿117¢￿1 Artis
253,2211
1,500
189,OIM)
254,720
189.01)0
SUPPORT COSTS
Gov¢Tnance
¢osts
Management
Tota15
Charitsble ActlVLtie5
14,677
2,8811
17.557
Support costs, included in the aboye, are as follows..
Management
2025
Charilable
Activities
2024
Tolal
1,734
2,111
3.768
1,841
2,035
1.853
3,133
6.300
Insuranc¢
Sllndries
Mandg%¢menL f¢¢
Professional fees
3,420
14,677
15.162
GoverDanee costs
2025
Lharilable
Activilics
2024
Total
a¢iivities
Independent examinees fees
t£gal fees
2.880
2,784
3,822
2.8160
6,606
Pagc 9
continued...

EXBURY GARDTr:NS TRUST
OI'ES TO THE FINAN'CIAI. STATF.MF.NTS- continued
FOR THE YE.IR Ef*DED 31ST OCTOBER 21125
TRUSTEES, RF.MUYERATION AYD BENEFITS
There were no Inisiees, iernwierdiion or oiher benefits for the y¢ar ended 3 Isi October 2025 nor for the year
ended 3 Isi OL'luber 2024.
Tru5tee5' expense5
Expense5 atnountTng to £1.022 were reimbursed to two tyusrees irt the year in respect of travel expenses on behalf
of the chariry l?024.. £1.315 10 two (rusiees).
STAFF COSTS
No employee5 recesved emoluments in exee&% of £60.IX)0 {2023.. nil).
io.
TANGIBLE FIXED ASSETS
Freehold
PTOPCrty
Long
leasehold
Totals
COST OR VALUATION
Ai Ibl Nov¢mlKr 2024
Rrvalualions
2,405,UUO
25,1100
90,000
2,495,000
25,000
At 31 si October 20?5
2.430,000
90.01)0
2,520,1100
P4EI' BOOK VALUE
A(3 1st October 2025
2,430,000
90,IKIO
252U,000
At 31 st October 20?4
?.405.0(K)
90,000
2.495.000
Cost or valuation at 31si October 2025 is repre5¢nted by".
Freehold
prthperty
Lon%
lea5chpld
TotAIs
Valuation in 2021
Valuation in 2025
Cost
370,0011
25.000
2.035.000
370,000
25,1100
2.125,000
90,000
2,430,1)00
90,01)0
2,520.0011
ltsLluded within freehold PTop¢riy ￿ thc Exbury Gardens land a5 WCII as thrcc residential prop¢rtie%. Thcse
prop¢rt1¢5 aTe ai acquisition c05t OT the markct value ai transfcr where they have bccn (Tansf¢￿t￿ tu ihe
Chariry, plus revaluation. Of the value showi above £1,000,000 is attnbutable to the Exbury Ciardens land.
Page 10
¢onLinued...

EXBLIRY GARDF.NS TRU
OTESTO THE FINANCIAL STATEMENTS- contlnutd
FOR THE YEAR E￿DED 315T OCTI)BF.R 21125
FIXED ASSET IfiVESTMENTS
Listed
invesim¢nts
lJnlistcd
inve5ttnenL8
Totals
MARKET VALL,E
At Isi Novcmbcr 2024
Additions
Disposals
Revaluations
7,871,743
,291,090
(I J46.404)
411,701
3.681
7J75,424
1391,690
(IJ40.4U41
411,701
Al 3 1st October 2025
8,2211,7311
3.681
IlJ32,411
NET BOOK ￿ AI.L'E
Ai 31 %1 OLI()hcr 2025
8,22N,730
3.681
8.232,411
At 3 Isi Oclobcr 2024
7.871.743
3.681
7,875,424
The valuation of listed investments aL 3 1st OcLobeT 2025 is in accordance with a formal valuation by Rothschild
& Co W¢dlth ma￿g¢Men1 ILK) Limit¢d.
Thc historical cost of investmcnts at 31 Ociober 2025 was £6,006.6Y7 and at 31 October 2024 L6,023,107.
12.
CREDITORS: AMOUN'TS FALLING DUE WITHIN OP4E YEAR
2025
2024
Trade credit(Irs
ALL￿2]S and deterrcd incomt
3,446
6,153
445
4,167
9599
4,612
13.
MOVEMEPIT IN4 FUNDS
Nei
movement
in ￿ndS
At
At
31.10.25
Unrestritted funds
Gcncral fund
10.835.114
2113,229
11.llllJ43
TOTAL FUNDS
10,835,114
283,229
11,118J43
Nei movcmcnl in fisnds, included in the above are as follows..
Incoming
r¢sourc¢s
Resources
expcndcd
Gains and
losscs
Movement
in fun(ts
Unrestrlcted funds
General fund
127.977
(382,0721
537,324
283,229
TOTAL FUNDS
127,977
{382,0721
537,324
283,229
Pagc 11
continued...

EXBL'R Y GARDF.Y
I'RUST
)OTESTO THE FINANCIAL STATEMEf+iTS- Continued
FOR THF. YF.AR EN4DEI).IIST OC.TOIJF.R 2025
13.
MOVEMEfiT IN FUP4DS- continued
Comparatives for movernent in funds
Net
mavemeni
in fvnds
Ai
Ai
31.10.24
Unrestricted funds
General tund
9.784.191
1,050.923
10.835.114
TOTAL FUNDS
9,784.191
1,050.923
10,835,114
CompaTauve net movement in funds. included in rhe above are as follows..
Incomin
resourc¢5
Resources
expcnded
Gains and
losses
Movetnent
in fuE)ds
Unrestricted funds
General fund
308.049
1287,260)
1.030,134
1,050.923
TOTAL FUNDS
308,049
1287,2601
1.030.134
1.050.923
14.
RELATED PARTY DISCLOSURES
The Trnsi made cash donaiions 01 £253.220 to Exbury Gardens Limited {2024.. £189,000). Exbury Gardens
Limitcd OCCUPILS IhL Gardcns uwnLd by ihe TnLSt on paynent of an annual rent of £1.
Exbury Gardens Limited was given a loan of ￿00,000 from Roihschild Bank on 18 November 2014 and a
fvrther £150.000 un 9 November 2016 of which £IOO.OIK) was rcpaid in Nowcmbcr 2022. This loan is
guaraHieed by the TNst.
Pa8c 12

EXBLRY GARDF,YS TRUST
DETAILED STATF.MENT OF FIYANCIAL ACTIVITIES
FOR THE YEAR ETr+DED.IIST C)CT()RF.R 2025
2025
2024
P4COME AND ENDOWMENTS
DonAtions &nd legacies
Othcr donation5
175.000
Ini'estment incon]e
Rents received
Inveslmcnt ponfolio
24,398
1113,579
26.098
106.951
127.977
133.049
Total incoming re50urce5
127.977
308.049
EXPENDITURE
Inve5trnenl Th*nageThEnt to$ts
Portfoliv mandgtmeni fee
Properry managyeineiil fee
Pruptrty tcpairs mainienancc
67,007
5,754
37,034
61,768
5,168
9,556
109,795
76.492
Charitablt #etlvltles
Granis tu 111SlLtutioi
254.720
189,000
Support cost5
Management
Wag¢5
Insurance
Sundries
Managcmenl fee
ProfesRJonal fees
1.734
2.111
3.768
3.644
3.420
2,035
1,853
3,133
6.300
14.677
15.162
Covernance c05t5
Indtpcndcnt examin&$ fees
LLgal fees
2.880
2.784
3,822
2,880
6,606
Total resources expended
382,072
287,260
Net (exptnditure)lin¢on* heftsrt gain5
ltssses
{254,•951
20.789
This page does noi forni part of the s¢aiuiory financi￿ sta*tn¢nts
Page 13

EXBURY GARDENS TRUST
DETAILED STATEMTr.YT OF FI)TANC.IAL ACTIVITIES
FOR THE YEAR F.liDF.D 31ST OC.TOBER 2025
2025
2024
Recognlsed gains #nd 105se¥
Nei realised and unrealised gainslllos5esl on
fjxed assti inve51menLs
Forci&rn exchange uJainlllo55)
5111.822
10,502
842,929
187.205
Net iNCOTnt
258,229
1,050.923
Thi5 pag¢ do¢s nol fomj parl ofthe slalutory fjnancial statements
Pagc 14