TULIP SALE 2012

2012 7 December

IJsselhallen / Zwolle Auctioneer: Michael Taaffe

Start sale: 17.00 hrs

Sponsor Tulip Holstein Sale

ZEE design

grafische verbeelding

Aangeboden door: ETS HOLLAND Bij alle dieren die op deze veiling worden gekocht is door ETS Holland een ET waardebon a 100 Euro aangeboden voor een toekomstige ET spoeling op dit dier, die door ETS Holland, Freek Lok en Bert Schutte binnen Nederland kan worden uitgevoerd.

Aangeboden door: Holstein International Alle kopers op de Tulip Holstein Sale krijgen de nieuwe Holstein International kalender 2013.

All buyers at the Tulip Holstein Sale get the new Holstein International calendar 2013.

www.hollandholsteinshow.nl

Overzicht evenementen / Schedule of events Vrijdag 7 december / Friday December 7 13.00 uur

IJsselhallen open Bezichtiging veilingdieren / View of sale animals

15.00 uur

Geniet van een drankje / Enjoying a drink

17.00 uur

Start Tulip Holstein Sale 2012

Na afloop / afterwards Tulip Sale: Party & Buffet

Zaterdag 8 december / Saturday December 8 9.00 uur

Holland Holstein Show 2012

Holland HOLSTEIN sHow Holstein Red Holstein Young Breeders

Hotels

Jury: Mark Rueth Jury: Jan Steegink Jury: Roger Turner

Hotel Mercure, Zwolle

(+31) 038-4216031

Hotel Campanile, Zwolle

(+31) 038-4550444

Hotel Wientjes, Zwolle

(+31) 038-4254254

Hotel De Koperen Hoogte, Zwolle (+31) 0529-428428 Hotel Fidder, Zwolle

(+31) 038-4230298

www.tulip-sale.nl

TULIP SALE RESULTS

HBC Goldwyn Daydream 2y VG-88 Tulip Sale 2010, Mts.Wijnker, Holland

Mac Zippy 2y VG-86 Tulip Sale 2009, Meinardi Holsteins, Italy

A-L-H Socrates Crafty 2y VG-87 Tulip Sale 2010, Mts.Jonkers, Holland

Texel Beauty Barbie 2y VG-86 Tulip Sale 2009, Southland Holsteins, Holland

Bouw Dundee Patty VG-88 Tulip Sale 2006, D.Carrol, Ireland

VVH Man O Man Isa 6 2y VG-87 Tulip Sale 2010: Sahara Holsteins, England

Pronto Barbie 2y VG-87 Tulip Sale 2008, Koepon, Holland

JIMM Venetie 7 2y VG-87 Tulip Sale 2009, C de Jong, Holland

Veiling Informatie / Sale Information Auctioneer

Michael Taaffe

Ireland

Pedigrees

Roger Turner Ids Hellinga

Canada Holland

Ringman / Contact persons

Adrion van Beek Robert Bruinsma Bernard Deconink Arno Grengs Kyle Henry David Jones Isaac Lancaster Frederic Lepoint Claudio Mariani Angelo Pozzatti Tim Rauen J枚rg Seeger Bernd Sommer Ron Suhr Claire Swale Brian Taaffe Ren茅 te Wierik

Holland Danmark Belquim Luxembourg Northern-Ireland England England France Italy Italy USA Germany Germany USA England Ireland Holland

Veiling telefoonnummers / Sale phone numbers Adolf Langhout Wiebe Put Arjan Werkhoven

(+353) 08625-45132 (+00) 1-519-831-4164 (+31) 06-50663322 (+31) (+45) (+32) (+352) (+44) (+44) (+44) (+33) (+39) (+39) (+00) (+49) (+49) (+00) (+44) (+353) (+31)

06-22410126 02263-6232 04790-23039 06213-26128 07868-365675 07810-561585 07739-566538 06804-50418 33-55321140 33-56776396 1-563-590-7871 0177-5521143 0170-8306092 1-608-588-5887 07769-686638 08686-26530 06-53168999

(+31) 06-53410490 (+31) 06-22496894 (+31) 06-51608017

Veilingorganisatie / Sale management / Export Tel. (+31) 0511-424243 Fax (+31) 0511-423525 A.L.H. Genetics B.V., Dammelaan 31, 9104 GS Damwoude, E-mail: info@alh-genetics.nl

Betaling / Payment BETALING: a. contant d.m.v. betalingsopdracht b. of betaling in termijnen Wij bieden u de mogelijkheid in termijnen te betalen. Wilt u hiervan gebruik maken, dan dient u v贸贸r de veiling contact op te nemen met en goedkeuring te krijgen van de veilingorganisatie op deze betreffende veilingnummers. 50% van het aankoopbedrag betaalt u dan direct na de veiling, de andere 50% voor 1 april 2013 (plus 4 % rente op deze laatste betaling).

Payment: a. cash or cheque b. or payment terms We offer you the option to pay in terms. Do you want to use this, you need to contact the sale management prior to the sale for approval on these lots. 50% of the purchase price pays you immediately after the sale, the other 50% before April 1, 2013 (plus an additional 4% interest on this final payment).

Tulip Sale 2011

0

Opbrengst voor de Young Breeders

Deze pakketten zijn beschikbaar gesteld door onderstaande bedrijven en de totale opbrengst hiervan gaat naar de Young Breeders van de Holland Holstein Herds!

These packages are offered by the following companies and all proceeds are donated to the Young Breeders of the Holland Holstein Herds.

1.

10 doses Apina Alta EMBASSY Aangeboden door ALTA, Nederland

2.

5 doses Zani Bolton MASCALESE Aangeboden door VEECOM

3.

5 doses Bertaiola MINCIO Aangeboden door VEECOM

4.

10 doses GOLDDAY Aangeboden door GGI, HOLLAND

5.

10 doses BIG WINNER Aangeboden door KI KAMPEN

6.

10 doses Het Broek SILVER Aangeboden door GENES DIFFUSION

7.

5 doses SANTANA Aangeboden door KI SAMEN

8.

5 doses BURNSTYN Red Aangeboden door KI SAMEN

9.

5 doses SNOWFALL Aangeboden door KOOLE & LIEBREGTS

10. 5 doses GOLDSUN Aangeboden door KOOLE & LIEBREGTS

11.

10 doses Gen I Beq BRAWLER Aangeboden door SEMEX

12. 10 doses Coppertop DOBERMAN Aangeboden door ABS / HEEMSKERK

13.

10 doses Ralma O Man CF CRICKET Aangeboden door CRV

14. 5 doses KHW ACME RC Aangeboden door WORLD WIDE SIRES

15. 5 doses Maple Downs I G W ATWOOD Aangeboden door WORLD WIDE SIRES

16. “LOOKING INTO THE FUTURE” Canvas print made by Han Hopman Aangeboden door HOLSTEIN INTERNATIONAL

17.

“IDEAL HOLSTEIN SET” Bonnie Mohr prints; matched set: Ideal Holstein Cow & Bull (61 x 46 cm) Aangeboden door A.L.H. GENETICS

De veilingorganisatie bedankt namens de Young Breeders alle leveranciers van deze pakketten hartelijk voor het spontaan beschikbaar stellen.

On behalf of the Young Breeders, the sale organization would like to thank all suppliers for their spontaneous reaction and making these package available.

'8&.(77 6$ 2)+ )5((=( 7<

'(

+DUYXH 5R\ )URVW\

'XFNHWW 6 $ *ROG )DPH

'XFNHWW $UPEUXVW $QGUHVHQ .DWWEHN %g./81' 'XLWVODQG

*LOOHWWH -25'$1 52<ODQH -RUGDQ +$598( 52< )5267<

5,&+ 52 0$5. 6$0

(; ((((( G NJ I S G NJ I S G NJ I S G NJ I S

Â&#x2021; ,QWHUPHGLDWH &KDPSLRQ :RUOG 'DLU\ ([SR Â&#x2021; 5HVHUYH *UDQG &KDPSLRQ :RUOG 'DLU\ ([SR Â&#x2021; *UDQG &KDPSLRQ :RUOG 'DLU\ ([SR Â&#x2021; 6XSUHPH &KDPSLRQ :RUOG 'DLU\ ([SR Â&#x2021; 5HVHUYH 6HQLRU 5HVHUYH *UDQG &KDPSLRQ 5R\DO Â&#x2021; *UDQG &KDPSLRQ :RUOG 'DLU\ ([SR Â&#x2021; 6XSUHPH &KDPSLRQ :RUOG 'DLU\ ([SR

'8&.(77 6$ 2)+ )5((=( 7< Â&#x2021; GH HHUVWH GRFKWHU YDQ )URVW\ LQ (XURSD WKH ILUVW )URVW\ GDXJKWHU LQ (XURSH WR VHOO Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU WR 'XFNHWW 6 $ *ROG )DPH \ 9*

+$598( 6$0 +(,', (; ((((( G NJ I S G NJ I S G NJ I S G NJ I S

+$598( 6.<%8&. +$5021< 9* ((999 G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK +$598( 0(/9,1 +$//,( 9* WK +$598( %(// +$55,621 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK +$598( /,%,'2 +$55,621 9*

'( :,(.( /,0,7$ 5('

1/

:LOOVWDU 5V 7OW /LPLWHG 5HG

:LOOVWDU 5V 7OW /LPLWHG 5HG

* .RVWHU +RRLMHUVWHHJ 3& .2(.$1*( +ROODQG

6FLHQWLILF '86. 5& /DGLQR 3DUN 7$/(17 5& :,/67$5 56 7/7 /,0,7(' 5('

0DUNZHOO .,7(

(; (((9( G NJ I S G NJ I S G NJ I S

Â&#x2021; H ODFWDWLH (; UG ODFWDWLRQ (; Â&#x2021; JHQHUDWLHV 9* (; JHQHUDWLRQV 9* (; 1RPLQDWHG $OO $PHULFDQ 5 : \U VW \U :, 'LVWULFW 6KRZ VW \U :, &KDPSLRQVKLS 6KRZ 5HV 6U &KDPSLRQ :, &KDPSLRQVKLS 6KRZ WK \U ,QWHUQDWLRQDO 5 : 6KRZ 5HVHUYH $OO :LVFRQVLQ $JHG &RZ QG $JHG &RZ 5HG +ROVWHLQ 6KRZ 0DGLVRQ 5HVHUYH *UDQG &KDPSLRQ 5HG +ROVWHLQ 6KRZ 0DGLVRQ VW $JHG &RZ 5HG +ROVWHLQ 5R\DO :LQWHU )DLU

:,/67$5 56 .,7( /29(5 5(' (; (((9( G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

:,/67$5 56 58% /$=(5 5(' (; 9(((( G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

9ROJHQGH PRHGHUV QH[W GDPV WK :9$ 5(<6721( 0 /(;86 (; WK +$129(5 +,// &+$5/</8 5(' 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK +$129(5 +,// 5 /8/8 5(' (; WK +$129(5+,// 6+(,. /8/8 (; WK 725$ 75,3/( 7+5($7 /8/8 (; WK 2506%< /28*2 $/7$ (; WK 2506%< $/7$ 35,'( 9*

+2/%5$ 027$2 7<

1/

*HQRPLFV 86 0 ) 3 *73,

:DUJR $FUHV %ROWRQ 0RSVLH

+ROEUD 0RWDR

0WV +ROPHU /DQJHOHUVGLMN 3( /$5(1 +ROODQG

5HJDQFUHVW $OWD ,27$ 6DQG\ 9DOOH\ %2/721 :$5*2 $&5(6 %2/721 0236,(

3LFVWRQ 6+277/(

(; ((((( G NJ I S G NJ I S IUHVK DJDLQ ,QGH[ 86 0 ) 3 *73,

Â&#x2021; ppQ YDQ GH EHVWH %ROWRQ GRFKWHUV ZHUHOGZLMG RQH RI WKH EHVW %ROWRQ GDXJKWHUV ZRUOGZLGH Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $,

+2/%5$ 0$7$2 7< Â&#x2021; GH KRRJVWH *73, GRFKWHU XLW 0RSVLH WKH KLJKHVW *73, GDXJKWHU RXW RI 0RSVLH Â&#x2021; *73, ,RWD [ %ROWRQ [ 6KRWWOH [ 3DWURQ

:$5*2 $&5(6 0$5', 9* 9 9 9 G NJ I S G NJ I S

Â&#x2021; EHVWH NRHIDPLOLH PHW YHOH 9* QDNRPHOLQJHQ YHU\ JRRG FRZIDPLO\ ZLWK PDQ\ 9* RIIVSULQJ

:$5*2 $&5(6 0(/526( (; ((99( G NJ I S G NJ I S G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

9ROJHQGH PRHGHUV QH[W GDPV WK :$5*2 $&5(6 0,$ 9* WK :$5*2 $&5(6 9$/,$17 5,7=< (; /HYHQVSURGXFWLH OLIHWLPH NJ

:(66(/&5(67 &$0(521 $1*(/

'(

*HQRPLFV 86 0 ) 3 *73,

0RUQLQJYLHZ 6KRWWOH $ODQD

:HVVHOFUHVW &DPHURQ $QJHO

&RORQLD &RZV 6FK|SFKHUKRI /2+0$5 'XLWVODQG

6KHPD -HHYHV &$0(521 5RQHOHH '20$,1 :(66(/&5(67 '20$,1 $1*(/$

$QJHOD VWDDW HU SULPD YRRU HQ JDDW LQ PDDUW DINDOYHQ $QJHOD ORRNV YHU\ JRRG DQG LV GXH LQ 0DUFK ,QGH[ 86 0 ) 3 *73,

:(66(/&5(67 &$0(521 $1*(/ *73, Â&#x2021; GH QU *73, LQ (XURSD WKH QR *73, LQ (XURSH Â&#x2021; QR 2 0DQ *ROGZ\Q 3ODQHW LQ WKLV SHGLJUHH Â&#x2021; &DPHURQ [ 'RPDLQ VWLHUHQ ZDDU JHHQ VSHUPD YDQ EHVFKLNEDDU LV LQ (XURSD EXOOV ZLWK QR VHPHQ DYDLODEOH LQ (XURSH 81/,0,7(' 327(17,$/

3LFVWRQ 6+277/( 0251,1*9,(: 6+277/( $/$1$ (; (((9( G NJ I S

Â&#x2021; LQJHVFKUHYHQ PHW GH PD[LPDOH VFRUH (; FODVVLILHG ZLWK WKH PD[LPXP VFRUH RI (;

&$1<21 %5((=( ),1/(< $,6+$ 9* (9999 G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK &$1<21 %5((=( (0 $8*867 (; Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU RI &DQ\RQ %UHH]H &% $OOHQ WK &$1<21 %5((=( :67 $0%(5 (; /HYHQVSURGXFWLH OLIHWLPH NJ WK &/$51(< : & 0$5. $%,*$,/ (; /HYHQVSURGXFWLH OLIHWLPH NJ WK ',5.0$5 %(// $**,(%(// 9* /HYHQVSURGXFWLH OLIHWLPH NJ

12$5' ($67(5 6$1'5$

1/

*HQRPLFV 86 0 ) 3 *73,

0RUQLQJYLHZ 6KRWWOH $VVHW

)DUQHDU 7%5 $VHW $EVOXWH

0WV )HHQVWUD 6DQJHUV $OOHUW ' YDQ GHU /HLMZHL /' .2//80 +ROODQG

5HJDQFUHVW $OWD ,27$ (QVHQDGD 7DERR 3/$1(7 12$5' ($67(5 3/$1(7 6$1'<

6DQG\ 9DOOH\ %2/721

H[SHFW 9* IUHVK 1RYHPEHU *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; KDDU HHUVWH GRFKWHU GLH ZRUGW YHUNRFKW KHU ILUVW GDXJKWHU WR VHOO Â&#x2021; HPEU\R V JHs[SRUWHHUG QDDU GH 86$ HPEU\RV H[SRUWHG WR WKH 86$ Â&#x2021; DOOHPDDO EHZH]HQ IRNVWLHUHQ RS ULM DOO SURYHQ EXOOV LQ WKLV SHGLJUHH

12$5' ($67(5 6$1'5$ Â&#x2021; *73, ,RWD [ 3ODQHW [ %ROWRQ [ 6KRWWOH

)$51($5 7%5 $6(7 $%6/87( 7< \ 9* 99 99 G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; KDOI]XVWHU YDQ GH IRNVWLHU PDWHUQDO EURWKHU SURYHQ EXOO )DUQHDU 7%5 $OWD$YDORQ *73,

0251,1*9,(: 6+277/( $66(7 (; (((9( G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK &$1<21 %5((=( ),1/(< $,6+$ 9* WK &$1<21 %5((=( (0 $8*867 (; Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU RI &DQ\RQ %UHH]H &% $OOHQ WK &$1<21 %5((=( :67 $0%(5 (; /HYHQVSURGXFWLH OLIHWLPH NJ WK &/$51(< : & 0$5. $%,*$,/ (; /HYHQVSURGXFWLH OLIHWLPH NJ WK ',5.0$5 %(// $**,(%(// 9* /HYHQVSURGXFWLH OLIHWLPH NJ

9(1'$,5< $'',

1/

*HQRPLFV 86 0 ) 3 *73,

)DUQHDU 7EU $OH[DQGHU $GGLH

&DQ\RQ %UHH]H $VKOH\

- / : 0 YDQ GH 9HQ 9LQNHOVHVWUDDW ./ 9,1.(/ +ROODQG

5HJDQFUHVW $OWD ,27$ *ROGHQ 2DNV $/(;$1'(5 )$51($5 7%5 $/(;$1'(5 $'',(

6DQG\ 9DOOH\ %2/721

\ 9* 9999 G NJ I S ,QGH[ 86 0 ) 3 *73,

Â&#x2021; EHVWH $OH[DQGHU YDDUV YHU\ JRRG $OH[DQGHU \U ROG Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $,

)$51($5 7%5 $6(7 $%6/87( 7< \ 9* 99 99 G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; KDOI]XVWHU YDQ GH IRNVWLHU PDWHUQDO EURWKHU SURYHQ EXOO )DUQHDU 7%5 $OWD$YDORQ *73, # $OWD

0251,1*9,(: 6+277/( $66(7 (; (( 9 G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK &$1<21 %5((=( ),1/(< $,6+$ 9* WK &$1<21 %5((=( (0 $8*867 (; Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR &DQ\RQ %UHH]H &% $OOHQ &DQ\RQ %UHH]H $VKOH\ (; WK &$1<21 %5((=( :67 $0%(5 (; /HYHQVSURGXFWLH OLIHWLPH NJ WK &/$51(< : & 0$5. $%,*$,/ (; /HYHQVSURGXFWLH OLIHWLPH NJ WK ',5.0$5 %(// $**,(%(// 9* /HYHQVSURGXFWLH OLIHWLPH NJ

$ / + '$5/$ (7

1/

*HQRPLFV 86 0 ) 3 *73,

5RQHOHH 7R\VWRU\ 'DUYD

5RQHOHH 2XWVLGH 'DEEOH

$ / + *HQHWLFV %9 'DPPHODDQ *6 '$0:28'( +ROODQG

5HJDQFUHVW $OWD ,27$ -HQQ\ /RX 0DUVKDOO 72<6725< 521(/(( 72<6725< '$59$

&RPHVWDU 2876,'(

(; ((99( G NJ I S G NJ I S *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; LQJHVFKUHYHQ PHW (; (; YRRU XLHU FODVVLILHG PD[LPXP VFRUH (; (; 06 Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR 5RQHOHH 7R\VWRU\ 'RPDLQ

521(/(( 2876,'( '$%%/( (; ((((( G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

Â&#x2021; PRHGHU YDQ GDP RI 5RQHOHH 7R\VWRU\ 'RPDLQ # 7$* 5RQHOHH 66 'XUDEOH 5& # 6HOHFW 6LUHV 5RQHOHH 6KDPURFN 'HWHUPLQH *73, # 7$* 5RQHOHH 66, 2 'DGG\ *73, # 6HOHFW 6LUHV 5RQHOHH 6QRZPRELO *73, # 6HOHFW 6LUHV

521(/(( 58'2/3+ ',03/( (; ((((( G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

9ROJHQGH PRHGHUV QH[W GDPV WK 6(/(&7 0$5. '2//< (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 6(/(&7 6287+:,1' ',1$+ (; WK 6(/(&7 0$56 721< ',$1$ 9* WK ',1$+ 6(/(&7 :$<1( ',;,( 9* WK '(: 9$/( &$9(/,(5 ',1$+ *3 WK '(: 9$/( %2270$.(5 -2/<11 9* WK '(: 9$/( ,'($/ -2/(1( 9*

6 ' -$11(.(

1/

6' -DFREV -HQQ

9DOOH\YLOOH /KHURV -HQQ

$ - 6FKROWHQ =HYHQKXLVWHUZHJ 9' 1,(8: 52'(1 +ROODQG

3LQH 7UHH 6,' %UDHGDOH *2/':<1 6 ' -$&2%6 -(11

&RPHVWDU /+(526

\ 9*

G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; \ 9* HQ HLZLW \ 9* ZLWK SURWHLQ Â&#x2021; NDPSLRHQ YDDU]HQ %HLOHQ -XQLRU &KDPSLRQ %HLOHQ

9$//(<9,//( /+(526 -(11 (;

G NJ I S G NJ I S

Â&#x2021; $OO &DQDGLDQ $OO $PHULFDQ $OO 4XpEHF 6HQLRU \ 2OG Â&#x2021; 5HVHUYH &KDPSLRQ 5R\DO Â&#x2021; 1RPLQDWHG $OO &DQDGLDQ 0LONLQJ <HDUOLQJ Â&#x2021; $OO $WODQWLF $OO 4XpEHF 0LONLQJ <HDUOLQJ

9$//(<9,//( ,17(*5,7< %5(11$ (;

G NJ I S G NJ I S G NJ I S

9ROJHQGH PRHGHU QH[W GDP WK 9$//(<9,//( /,6$ -(7 9* G NJ I S G NJ I S G NJ I S

6&+5(85 &$0,/$ 5&

1/

*HQRPLFV 86 0 ) 3 *73,

&DQGOHOLJKW 3 5HG

6WRRNH\ )DJLQ 6FDUOHW 5HG

0WV 5HXUVODJ %RRPNDPSVZHJ :& /$5(1 +ROODQG

*2/''$< $JJUDYDWLRQ /$:1 %2< 3 5(' &$1'/(/,*+7 3 5('

3LFVWRQ 6+277/(

\ 9*

G NJ I S /: 3URM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; ZHUHOGZLMG QU *73, /DZQ %R\ GRFKWHU ZRUOGZLGH QR *73, /DZQ %R\ GDXJKWHU Â&#x2021; QR *5=* WHVWHG /DZQ %R\ Â&#x2021; URRG HQ KRRUQORRV 5HG DQG 3ROOHG Â&#x2021; \ 9* 9* XLHU \ 9* 9* 06 Â&#x2021; HHUVWH ]RQHQ QDDU GH ., ILUVW VRQV LQ $, Â&#x2021; &RYHUJLUO +ROVWHLQ :RUOG 6HSWHPEHU Â&#x2021; ZRUOG ZLGH LQWHUHVW Â&#x2021; YROOH EURHU &DPLOD IXOO EURWKHU &DPLOOD *73,

5, 9$/ 5( 6+277/( &$5$/,( 5& \ 9* 99 99 G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $,

06 5, 9$/ 5( 0$; 6(/6< 5& \ 9* 9* 06 G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK +(67(56 3$7521 /8&< 5& 9* WK 6)/ $(5267$5 6 /(77, (7 9* WK 6)/ (1+$1&(5 6&$5/(77( 5(' 9* WK 6722.(< )$*,1 6&$5/(7 5(' (7 (; WK &217,1(17$/ 6&$5/(7 5(' (;

.2(321 3/$1(7 &/$66< \ 9*

1/

*HQRPLFV 86 0 ) 3 *73, G NJ I S /: SURM

.RHSRQ 3ODQHW &ODVV\

.RHSRQ 6KRWWOH &ODVV\

.RHSRQ 7RUHQVPDZHJ 7' )((5:(5' +ROODQG

(QVHQDGD 7DERR 3/$1(7 3LFVWRQ 6+277/( .2(321 6+277/( &/$66<

*U\SKXV 6,021

9*

G NJ I S /: G NJ I S /: G NJ I S /: ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $, Â&#x2021; GRFKWHUV $% DOV YDDUV GDXJKWHUV 9* DW \ Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG Â&#x2021; EHZH]HQ IRNNRH SURYHQ EURRGFRZ Â&#x2021; NOHLQGRFKWHUV PHW JUDQGGDXJKWHUV ZLWK *73,

.2(321 3/$1(7 &/$66< Â&#x2021; 5RVV ]RRQ QDDU GH ., 5RVV VRQ LQWR $, Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG Â&#x2021; '2125&2: RSHQ DQG UHDG\ WR IOXVK ZRUGW YHUNRFKW LQFOXVLHI VHOOV LQFOXGLQJ *HQHUYDWLRQV (SLF HPEU\RV

.2(321 &/$66< \ 9*

G NJ I S G NJ I S

.2(321 &/$66< \ 9*

G NJ I S G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 9,5 &/$5 '( &/$66< 9* WK 9,5 &/$66 0,66 527$7( &21&25'( 9* WK 9,5 &/$5 '( :$<1( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK 9,5 &/$5 (/(9$7,21 '(6,5(( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK 9,5 &/$5 ,19$1+2( '$1'< 9* /HYHQVSURGXFWLH OLIHWLPH NJ

.2(321 ,27$ &/$66<

1/

*HQRPLFV 86 0 ) 3 *73,

.RHSRQ 0LOOLRQ &ODVV\

.RHSRQ &ODVV\

.RHSRQ 7RUHQVPDZHJ 7' )((5:(5' +ROODQG

5HJDQFUHVW $OWD ,27$ 3LFVWRQ 6+277/( .2(321 6+277/( &/$66<

*U\SKXV 6,021

9*

G NJ I S /: G NJ I S /: G NJ I S /: ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $, Â&#x2021; GRFKWHUV $% DOV YDDUV GDXJKWHUV 9* DW \ Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG Â&#x2021; EHZH]HQ IRNNRH SURYHQ EURRGFRZ Â&#x2021; NOHLQGRFKWHUV PHW JUDQGGDXJKWHUV ZLWK *73, Â&#x2021; GRFKWHU YDQ &ODVV\ GDXJKWHU RI &ODVV\ .RHSRQ 0LOOLRQ &ODVV\ \ 9* ppQ YDQ GH EHVWH YDDU]HQ RS .RHSRQ RQH RI WKH EHVW \U ROGV DW .RHSRQ

.2(321 &/$66< \ 9*

G NJ I S G NJ I S

.2(321 &/$66< \ 9*

G NJ I S G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 9,5 &/$5 '( &/$66< 9* WK 9,5 &/$66 0,66 527$7( &21&25'( 9* WK 9,5 &/$5 '( :$<1( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK 9,5 &/$5 (/(9$7,21 '(6,5(( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK 9,5 &/$5 ,19$1+2( '$1'< 9* /HYHQVSURGXFWLH OLIHWLPH NJ

+2/(& &+$&+,1* 67</(

1/

*HQRPLFV EHVFKLNEDDU DYDLODEOH GHFHPEHU

06 &KDVVLW\ 3ODQ &KDFKLQJ

5HJDQFUHVW 6 &KDVVLW\

3 $ 0 .XLMHU $ 3 +LOKRUVWZHJ 06 62(67 +ROODQG

&RRS 2 67</( (QVHQDGD 7DERR 3/$1(7 06 &+$66,7< 3/$1 &+$&+,1*

3LFVWRQ 6+277/(

\ 9* 9 99 G NJ I S 3URM ,QGH[ 86 0 ) 3 *73,

Â&#x2021; EHVWH 3ODQHW &$1 \ 9* 9* XLHU H NHXULQJ YHU\ JRRG 3ODQHW &$1 \ 9* 9* 06 ILUVW VFRUH Â&#x2021; KRJH SURGXFWLH KLJK SURGXFWLRQ ! G NJ Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU WR 0U &KDVVVLW\ *ROG &KLS Â&#x2021; 5HJDQFUHVW 'XUKDP %DUELH IDPLO\ Â&#x2021; 2 6W\OH [ 3ODQHW [ &KDVVLW\

5(*$1&5(67 &+$66,7< (; (((9( G NJ I S G NJ I S

Â&#x2021; WK JHQHUDWLRQ PD[LPXP VFRUH (; Â&#x2021; PRHGHU YDQ GDP RI 0U &KDVVLW\ *ROG &KLS 0U &KDVVLW\ &ROW Â&#x2021; JURRWPRHGHU YDQ JUDQGGDP RI )DUQHDU 7%5 &DVKFRLQ )DUQHDU 7%5 &DVKPRQH\

5(*$1&5(67 &,1'(5(//$ (; ((((( G NJ I S G NJ I S

Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU 5HJDQFUHVW %UD[WRQ

9ROJHQGH PRHGHUV QH[W GDPV WK 5(*$1&5(67 35 %$5%,( 79 (7 (; 7KH RQH DQG RQO\ %DUELH WK 5(*$1&5(67 -8525 %5,1$ (; WK 5(*$1&5(67 $(5267$5 %(57 (; WK 5(*$1&5(67 0$5. &+$,50$1 %($ (; WK 5(*$1&5(67 %2$5' &+$,50$1 %($ (; WK 5(*$1&5(67 $3$&+( 67$1'287 %($ 9* WK 5(*$1&5(67 67$1'287 %(575$1' 9*

=((',(.(5 &$1'<

1/

*HQRPLFV 86 0 ) 3 *73,

5HJDQFUHVW $ &DQGLFH

5HJDQFUHVW 0DF &DOLVVD

=HHGLHNHU +ROVWHLQV .DPSHU]HHGLMN 3* *(1(08,'(1 +ROODQG

&UDFNKROP )(9(5 *ROGHQ 2DNV $/(;$1'(5 5(*$1&5(67 $ &$1',&(

5HJDQFUHVW ++) 0$&

\ 9* 99999 G NJ I S G NJ I S ,QF // ,QGH[ 86 0 ) 3 *73,

Â&#x2021; SURGXFHHUW QX SURGXFLQJ QRZ ! NJ GD\ Â&#x2021; JHQHUDWLHV H[FHOOHQWH PRHGHUV RS ULM JHQHUDWLRQV RI H[FHOOHQW GDPV Â&#x2021; &DQGLFH ZDDUVFKLMQLMN H[FHOOHQW GH]H ODFWDWLH &DQGLFH H[SHFWHG WR EH H[FHOOHQW WKLV ODFWDWLRQ

5(*$1&5(67 0$& &$/,66$ (; ((99( G NJ I S G NJ I S

Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU WR 5HJDQFUHVW 6 &KDVVLW\ (;

5(*$1&5(67 &,1'(5(//$ (; ((((( G NJ I S G NJ I S

Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU WR 5HJDQFUHVW %UD[WRQ

9ROJHQGH PRHGHUV QH[W GDPV WK 5(*$1&5(67 35 %$5%,( 79 (7 (; WK 5(*$1&5(67 -8525 %5,1$ (; WK 5(*$1&5(67 $(5267$5 %(57 (; WK 5(*$1&5(67 0$5. &+$,50$1 %($ (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 5(*$1&5(67 %2$5' &+$,50$1 %($ (; WK 5(*$1&5(67 $3$&+( 67$1'287 %($ 9* WK 5(*$1&5(67 67$1'287 %(575$1' 9*

)8785( '5($0 '$5,1$

1/

*HQRPLFV 86 0 ) 3 *73,

+%& *ROGZ\Q 'D\GUHDP

6QRZ 1 'HQLVHV 'HOOLD

0WV :LMQNHU *URVWKXL]HQ (. $9(1+251 +ROODQG

)OHYR *HQHWLFV 612:0$1 %UDHGDOH *2/':<1 +%& *2/':<1 '$<'5($0 (7

3LFVWRQ 6+277/(

\ 9*

G NJ I S /: SURM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; 5HVHUYH .DPSLRHQ YDDU]HQ 150 5HVHUYH -XQLRU &KDPSLRQ 150 Â&#x2021; YHUNRFKW DOV SLQN LQ GH 7XOLS 6DOH VROG DV KHLIHU LQ WKH 7XOLS 6DOH Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG

)8785( '5($0 '$5,1$ 6QRZPDQ [ *ROGZ\Q [ 6KRWWOH 5HVHUYH &KDPSLRQ KHLIHU 2SPHHU

6+277/( '$<'5($0 9*

G NJ I S G NJ I S G NJ I S SURM

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; GRFKWHUV LQJHVFKUHYHQ PLONLQJ GDXJKWHUV FODVVLILHG [ \ 9* [ 9* [ 9*

0($'2:6 //& %:0 '$1&,$ \ 9* 9(999 G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 5(*$1&5(67 -2/7 ',$17+$ \ 9* WK 5(*$1&5(67 (/721 '5($0 \ 9* Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU RI 5HJDQFUHVW 'XUKDP WK 612: 1 '(1,6(6 '(//,$ (; Â&#x2021; PRHGHU YDQ GDP RI 5HJDQFUHVW 'XUKDP 5HJDQFUHVW 'XQGHH Â&#x2021; JURRWPRHGHU YDQ JUDQGGDP RI (UEDFUHV 'DPLRQ 5HJDQFUHVW 0DF Â&#x2021; RYHUJURRWPRHGHU YDQ JUHDWJUDQGGDP RI 5HJDQFUHVW ,RWD (QJODQG $PPRQ 0LOOLRQ WK 612: 1 '25<6 '(1,6( (;

+%& $7:22' '$<'5($0

1/

*HQRPLFV 86 0 ) 3 *73,

6KRWWOH 'D\GUHDP

6QRZ 1 'HQLVHV 'HOOLD

6FKHS +ROVWHLQV )ULHVODQG %RHNHOWHUZHJ 77 %2</ +ROODQG

0DSOH 'RZQV , * : $7:22' 3LFVWRQ 6+277/( 6+277/( '$<'5($0 (7

0DUD 7KRQ %: 0$56+$//

9*

G NJ I S G NJ I S G NJ I S SURM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; GRFKWHUV LQJHVFKUHYHQ PLONLQJ GDXJKWHUV FODVVLILHG [ \ 9* [ 9* [ 9*

+%& $7:22' '$<'5($0 Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU +%& *ROGZ\Q 'D\GUHDP \ 9* 5HVHUYH -XQLRU &KDPSLRQ 150

0($'2:6 //& %:0 '$1&,$ \ 9* 9(999 G NJ I S

Â&#x2021; 7KH 'HOOLD IDPLO\ 'XUKDP 'XQGHH 'DPLRQ 0LOOLRQ 0DF ,RWD HWF

5(*$1&5(67 -2/7 ',$17+$ \ 9* 99999 G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 5(*$1&5(67 -2/7 ',$17+$ \ 9* WK 5(*$1&5(67 (/721 '5($0 \ 9* Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU RI 5HJDQFUHVW 'XUKDP WK 612: 1 '(1,6(6 '(//,$ (; Â&#x2021; PRHGHU YDQ GDP RI 5HJDQFUHVW 'XUKDP 5HJDQFUHVW 'XQGHH Â&#x2021; JURRWPRHGHU YDQ JUDQGGDP RI (UEDFUHV 'DPLRQ 5HJDQFUHVW 0DF Â&#x2021; RYHUJURRWPRHGHU YDQ JUHDWJUDQGGDP RI 5HJDQFUHVW ,RWD (QJODQG $PPRQ 0LOOLRQ WK 612: 1 '25<6 '(1,6( (;

%52(.6 020 &$5,(1

1/

*HQRPLFV 86 0 ) 3 *73, G NJ I S /: SURM

1RYD 70- *ROGHQ (FKR

8)0 'XEV (UR\

+ %URHNKXLV %ORNZHJ 79 $/%(5*(1 +ROODQG

/RQJ /DQJV 0$1 2 0$1 %UDHGDOH *2/':<1 129$ 70- *2/'(1 (&+2

52<ODQH -RUGDQ

\ 9* (999( G NJ I S ,QGH[ 86 0 ) 3 *73,

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; \ 9* (; XLHU \ 9* (; 06

%52(.6 020 &$5,(1 Â&#x2021; 0DQ 2 0DQ YDDUV XLW (FKR IUHVK 0DQ 2 0DQ RXW RI (FKR Â&#x2021; YROOH EURHU IXOO EURWKHU 0D[LP 5=* LQ *HUPDQ\ Â&#x2021; &DULHQ ZRUGW LQJHVFKUHYHQ YRRU GH YHLOLQJ &DULHQ ZLOO EH FODVVLILHG EHIRUH WKH VDOH Â&#x2021; LQWHUQDWLRQDO LQWHUHVW

8)0 '8%6 (52< \ 9* 9( 9 G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

Â&#x2021; JURRWPRHGHU YDQ JUDQGGDP WR 8)0 'XEV 2OHJDQW *73, # 6HOHFW 6LUHV Â&#x2021; GRFKWHUV 9* DOV YDDUV GDXJKWHUV 9* DW <

8)0 '8%6 6$0 (5,1 (; ((99( NJ I S NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 8)0 '8%6 3$7521 (//(1 (; WK 8)0 $17&, %(// 9* WK 8)0 -$; $17&, 9*

%52(.6 67</5$<

1/

*HQRPLFV 86 0 ) 3 *73,

8)0 'XEV 6KHUD\

8)0 'XEV (UR\

+ %URHNKXLV %ORNZHJ 79 $/%(5*(1 +ROODQG

&RRS 2 67</( 3LFVWRQ 6+277/( 8)0 '8%6 6+(5$<

52<ODQH -RUGDQ

(; (9 9( G NJ I S ,QGH[ 86 0 ) 3 *73,

Â&#x2021; YHOH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; PHHUGHUH KRJH *73, QDNRPHOLQJHQ VHYHUDO KLJK WHVWLQJ *73, RIIVSULQJ Â&#x2021; 2 6W\OH XLW 6KHUD\ Â&#x2021; 2 6W\OH VSHUPD LV QLHW EHVFKLNEDDU LQ (XURSD 2 6W\OH VHPHQ LV QRW DYDLODEOH LQ (XURSH

8)0 '8%6 (52< \ 9* 9( 9 G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

Â&#x2021; JURRWPRHGHU YDQ JUDQGGDP WR 8)0 'XEV 2OHJDQW *73, # 6HOHFW 6LUHV Â&#x2021; GRFKWHUV 9* DOV YDDUV GDXJKWHUV 9* DW \

8)0 '8%6 6$0 (5,1 (; ((99( NJ I S NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 8)0 '8%6 3$7521 (//(1 (; WK 8)0 $17&, %(// 9* WK 8)0 -$; $17&, 9*

9(1'$,5< /,',$

1/

*HQRPLFV 86 0 ) 3 *73,

%HUWDLROD %ROWRQ /LGLD

%HUWLROD 0LQFLR

- / : 0 YDQ GH 9HQ 9LQNHOVHVWUDDW ./ 9,1.(/ +ROODQG

*HQHUYDWLRQV (3,& 6DQG\ 9DOOH\ %2/721 %(57$,2/$ %2/721 /,',$ 7<

%RVV ,521

\ 9*

G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; YROOH ]XV YDQ GH IRNVWLHU IXOO VLVWHU SURYHQ EXOO %HUWDLROD 0LQFLR # ,QVHPH ,WDO\ Â&#x2021; GRFKWHU YHUNRFKW YRRU GDXJKWHU VROG IRU ¼ Â&#x2021; ]RQHQ ELM GH ., HQ HPEU\R V JHs[SRUWHHUG VRQV LQ $, DQG HPEU\RV H[SRUWHG

9(1'$,5< /,',$ *73, (SLF [ %ROWRQ [ %RVV ,URQ

%(/ ,521 ,5(1( (; G NJ I S G NJ I S G NJ I S

Â&#x2021; PRHGHU YDQ GDP RI %HUWDLROD 0LQFLR

%(/ 0727 (/,6$ 9* G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK %(/ $675$ 81)25*(77$%/( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK %(/ 0$5. 686$11( 9* WK %(/ ,163,5$7,21 3$0< 9* WK 521&+, 0$56 3$0(/$ (; WK 521&+, .,1* 3$/20$ 9* WK 521&+, 8/7,0$7( &,48,7( 9*

+(,'(16.,367(5 (3,& (5,&$

1/

*HQRPLFV 86 0 ) 3 *73,

6KRWWOH 6LOYHU

0RUQLQJYLHZ &RQYHUVH -XG\

0WV .XLSHUV +HLGHQVNLSVWHUG\N +3 ,7 +(,'(16.,3 +ROODQG

*HQHUYDWLRQV (3,& 3LFVWRQ 6+277/( 6+277/( 6,/9(5

'L[LH /HH $$521

\ 9*

G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; HHQ YDQ GH EHVWH 6KRWWOH GRFKWHUV LQ (XURSD RQH RI WKH EHVW 6KRWWOH GDXJKWHUV LQ (XURSH Â&#x2021; HPEU\RV JHs[SRUWHHUG HPEU\RV H[SRUWHG Â&#x2021; YHOH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $,

+(,'(16.,367(5 (3,& (5,&$ Â&#x2021; 'LW LV GH QXPPHU *73, GRFKWHU XLW 6LOYHU WKLV LV WKH QR *73, GDXJKWHU RXW RI 6LOYHU Â&#x2021; JR IRU *ROG

$$521 -$%%(5 (7 79 9*

G NJ I S /:

Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $, Â&#x2021; PHHUGHUH GRFKWHUV $% DOV YDDUV VHYHUDO GDXJKWHUV 9* DW \U

025,1*9,(: 0$1)5(' -$%%(5 9* 99999 G NJ I S G NJ I S

Â&#x2021; PRHGHU YDQ GH IRNVWLHU $ / + (OHJDQW LQ 6SDQMH GDP RI WKH SURYHQ EXOO $ / + (OHJDQW LQ 6SDLQ

9ROJHQGH PRHGHUV QH[W GDPV WK 0251,1*9,(: &219(56( -8'< (; WK 0251,1*9,(: $(5267$5 -,; 9* WK :$/187 .12// -8'< 9* WK :$/187 .12// 525$( -(11< (; WK /81%(55< *(0 9*

3$'.$(5 +2/6 (;3/2'( (;&,/'$

'.

*HQRPLFV 86 0 ) 3 *73,

-XOLH

3DGNDHU +ROVWHLQ ([SORGH ([FLOGD

-DQ 1LHOVHQ 3DGNÂ UYHM /Â&#x2018;*67Â&#x2018;5 'HQHPDUNHQ

:DEDVK :D\ (;3/2'( /RQJ /DQJV 0$1 2 0$1 -8/,(

%UDHGDOH *2/':<1

\ 9*

/$ G NJ I S SURM

Â&#x2021; LQJHVFKUHYHQ PHW \ 9* FODVVLILHG \ 9* Â&#x2021; %RRNHP VRQ 5=* # 0DVWHUULQG Â&#x2021; *73, ([SORGH [ 0DQ 2 0DQ -XOLH

-$0(,.$ 9*

+/ G NJ I S /$ G NJ I S

-(/<.2( (;

/D G NJ I S /D G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK -(//< 9* WK 7,'< %522. (/721 67(3+ \ 9* WK 7,'< %522. 6$//< 1(' %2< 9*

((567( .(86 ),567 &+2,&( *HERUHQ ERUQ GHFHPEHU

2ZQ /XFLOOH

:DONXS $VWURQDXW /RX $QQ

+ROVWHLQ )RUXP 3DUWQHUV %RUJKRUVWHU 6WUDÂ&#x2030;H /$(5 'XLWVODQG

*HQHUYDWLRQV (3,& *HQHUYDWLRQV /(;25 %UDHGDOH *2/':<1 2:1 *2/' /8&,//(

3LFVWRQ 6+277/(

\ 9* G NJ I S *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; /XFLOOH LV GH PRHGHU YDQ GH QU *73, LQ (XURSH /XFLOOH LV WKH GDP RI WKH QR *73, LQ (XURSH Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $,

((567( .(86 ),567 &+2,&( (SLF GRFKWHUV GDXJKWHUV [ 2ZQ *ROGZ\Q /XFLOOH *HERUHQ ERUQ

/H[RU GRFKWHUV GDXJKWHUV [ 2ZQ *ROGZ\Q /XFLOOH *HERUHQ ERUQ

LQFOXVLHI H[WUD GRFKWHUV JHERUHQ W P GHFHPEHU LQFOXVLYH H[WUD GDXJKWHUV ERUQ XQWLO 'HFHPEHU

'. \ 9* /$ G NJ I S /$ G NJ I S

'. \ *3 /$ G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK '. *DEH *3 WK '. -XURU 9* WK 79(5$' /28 7+25 9* WK +,*+ 6,*+76 &/(,786 /28/28 9* WK :$/.83 %(// /28 (77$ 9* WK :$/.83 $67521$87 /28 $11 (; WK :,//2:/<1 (/(9$7,21 /28 (; WK :,//2:/<1 5$'$5 %(77< /28 9*

%(17+(00(5 -8<$

1/

*HQRPLFV 86 0 ) 3 *73,

+RO 6WLHQV &ROE\ -D]]VWDU

+RO 6WLHQV /DXGDQ -DQHW

+ YDQ %HQWKHP 'ULHWRUHQVZHJ 3& (16 +ROODQG

%RPD] 0DULRQ (0(5$/' 6ROLG *ROG &2/%< +2/ 67,(16 &2/%< -$==67$5

/$8'$1

\ 9*

G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; QU *73, &ROE\ GRFKWHU LQ (XURSD QR *73, &ROE\ GDXJKWHU LQ (XURSH Â&#x2021; ZRUOG ZLGH LQWHUHVW Â&#x2021; RXWFURVV SHGLJUHH Â&#x2021; (PHUDOG [ &ROE\ [ /DXGDQ

+2/ 67,(16 /$8'$1 -$1(7 9*

G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $,

+2/ 67,(16 -2&.2 -$1(//( 9*

G NJ I S G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK +2/ 67,(16 /8&.< -$== (; WK +2/ 67,(16 '$11,; -81( (; WK +2/ 67,(16 +$9(3 '$<'5($0 -$&.< (; /HYHQVSURGXFWLH OLIHWLPH NJ WK &21$17 $&5(6 527$7( -$&.< 9* WK &21$17 $&5(6 75$',7,21 -2$1 (; WK 0$& 12%/( 021,725 -81( 9*

7(;(/ %($87< 612:0$1 $/,6+$

1/

*HQRPLFV 86 0 ) 3 *73,

.+: *ROGZ\Q $LNR

.DPSV +ROORZ 'XUKDP $OWLWXGH

5 %RRJDDUG =ZLQZHJ +- 2267(5(1' +ROODQG

)OHYR *HQHWLFV 612:0$1 (QJODQG $PPRQ 0,//,21 7(;(/ %($87< 0,//,21 $/,6+$ 5&

%UDHGDOH *2/':<1

H[SHFW 9* 9* IUHVK VHSWHPEHU ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; 5& GRFKWHU XLW $LNR 5& GDXJKWHU RXW RI $LNR Â&#x2021; ZRUGW ELQQHQNRUW LQJHVFKUHYHQ ZLOO EH VFRUHG EHIRUH WKH VDOH

7(;(/ %($87< 612:0$1 $/,6+$ Â&#x2021; GH HQLJH WKH RQO\ RQH 6QRZPDQ [ $OLVKD Â&#x2021; YROOH EURHU QDDU GH ., IXOO EURWKHU LQ $, Â&#x2021; 6QRZPDQ [ 0LOOLRQ [ *ROGZ\Q [ 'XUKDP

.+: *2/':<1 $,.2 5& (; (((9( G NJ I S G NJ I S

Â&#x2021; QU *73, 5HG 5& NRH LQ GH 86$ QR *73, 5HG 5& FRZ LQ WKH 86$ Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU RI $GYHQW 5HG -RWDQ 5HG $FPH 5& Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU RI .+: $SSOH 5HG (; *UDQG &KDPSLRQ 5HG +ROVWHLQ 6KRZ 0DGLVRQ

.$036 +2//2: $/7,78'( 5& (; ((((( G NJ I S G NJ I S G NJ I S

Â&#x2021; GH QU WKH QR *73, 5HG 5& &RZ 86$

9ROJHQGH PRHGHUV QH[W GDPV WK &/29(5 0,67 $/,6+$ 5& (; Â&#x2021; QRJ VWHHGV DDQZH]LJ MDDU RXG VWLOO DOLYH \HDUV ROG WK &/29(5 0,67 $8*<67$5 5& (; WK ' 5 $ $8*867 (; /HYHQVSURGXFWLH OLIHWLPH NJ WK ' 5 $ ,'($/ 35(&,286 /($'(5 (; /HYHQVSURGXFWLH OLIHWLPH NJ WK ' 5 $ 35,1&(66 /$' /($'(5 (;

55 6+$052&. 5(*(1,$

'(

*HQRPLFV 86 0 ) 3 *73,

55 020 5HJHQLD

55 020 5HJHQLD

)D 5HLQHUPDQQ :HKGHOHUVWUDVVH *(+5'( 'XLWVODQG

/DG\V 0DQRU 6+$052&. /RQJ /DQJV 0$1 2 0$1 55 020 5(*(1,$

6DQG\ 9DOOH\ %2/721

\ 9*

/D G NJ I S SURM *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; HHQ YDQ GH EHVWH 0DQ 2 0DQ GDXJKWHUV RQH RI WKH EHVW 0DQ 2 0DQ GDXJKWHUV Â&#x2021; JHFRQWUDFWHHUG YRRU VWLHUHQ HPEU\R V FRQWUDFWHG IRU HPEU\RV EXOOV

55 6+$052&. 5(*(1,$ *73, Â&#x2021; GLW LV GH HQLJH GRFKWHU YDQ 5HJHQLD WKLV LV WKH RQO\ GDXJKWHU RI 5HJHQLD

55 %2/721 5(*,1,$ \ 9*

/D G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; EHZH]HQ NRHIDPLOLH SURYHQ FRZ IDPLO\

67250$7,& 5(*(1,$ (7 79 9*

G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 5(*$1 -2< '85+$0 5(*(1,$ (7 79 (; Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR 5HJDQFUHVW 0U 6DP WK 6+(5 (67 (025< 6:$11< (; WK 6+(5 (67 35(/8'( 6:$1 (; WK 6+(5 (67 6287+:,1' 6$785'$< (; WK (1* 285 $&5(6 0$5. 6$1'< (; WK %8(1$ 9,67$ 721< 6$1'5$ (; WK %8(1$ 9,67$ 5,/(< 6$1'< (; WK %8(1$ 9,67$ &+$5/,( 6+,5/(< 9*

,-/67(5 5(*,1,$

1/

*HQRPLFV 86 0 ) 3 *73,

5HJDQ -R\ 'XUKDP 5HJHQLD

6WRUPDWLF 5HJHQLD

+ YDQ GHU *DDVW 'H ,HQGUDFKWZHL &7 ,-/67 +ROODQG

9D (DUO\ 'DZQ 68'$1 FUL 5280$5( ,-/67(5 5(*,1,$

3LFVWRQ 6+277/(

9*

G NJ I S G NJ I S SURM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; RSJHJHYHQ YRRU GH +++ VKRZ HQWHUHG YRRU GH +++ VKRZ Â&#x2021; 6XGDQ [ 5RXPDUH [ 6KRWWOH [ 6WRUPDWLF

,-/67(5 5(*,1,$ 9*

G NJ I S G NJ I S G NJ I S SURM

,-/67(5 5(*,1,$ \ 9*

G NJ I S

9ROOH ]XVWHU YDQ IXOO VLVWHU WR 6WRUPDWLF 5HJHQLD 9* # .RHSRQ

9ROJHQGH PRHGHUV QH[W GDPV WK 5(*$1 -2< '85+$0 5(*(1,$ (7 79 (; Â&#x2021; YROOH ]XVWHU IXOO VLVWHU 5HJDQFUHVW 0U 6DP WK 6+(5 (67 (025< 6:$11< (; WK 6+(5 (67 35(/8'( 6:$1 (; WK 6+(5 (67 6287+:,1' 6$785'$< (; WK (1* 285 $&5(6 0$5. 6$1'< (; WK %8(1$ 9,67$ 721< 6$1'5$ (; WK %8(1$ 9,67$ 5,/(< 6$1'< (; WK %8(1$ 9,67$ &+$5/,( 6+,5/(< 9*

5,&.<

1/

*HQRPLFV 86 0 ) 3 *73,

- . (GHU 3ODQHW 5LFN\

5HJLQD

: =ZDPEDJ <NHQZHJ 7$ '( +2(9( +ROODQG

:DEDVK :D\ (;3/2'( (QVHQDGD 7DERR 3/$1(7 - . ('(5 3/$1(7 5,&.<

%UDHGDOH *2/':<1

\ 9*

G NJ I S SURM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; GH QU 19, NRH LQ +ROODQG QR 19, FRZ LQ +ROODQG Â&#x2021; 3ODQHW GRFKWHU XLW GH YROOH ]XV YDQ *XDULQL 3ODQHW GDXJKWHU RXW RI *XDULQL KLV IXOO VLVWHU Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $, Â&#x2021; JHFRQWUDFWHHUG YRRU HPEU\R V FRQWUDFWHG IRU HPEU\RV Â&#x2021; *73, ([SORGH [ 3ODQHW [ *ROGZ\Q [ 2 0DQ

5,&.< \ 9* G NJ I S

Â&#x2021; YROOH ]XVWHU YDQ GH IRNVWLHU *XDULQL IXOO VLVWHU RI WKH SURYHQ EXOO *XDULQL

5(*,1$ 9*

G NJ I S G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $,

9ROJHQGH PRHGHUV QH[W GDPV WK 5($'< 9* WK 5(98( 9* WK 5(9$/ (;

9((1+8,=(5 =$',$

1/

*HQRPLFV 86 0 ) 3 *73,

9HHQKXL]HU =DGLD

9HHQKXL]HU =DGLD

0WV 8LQHNHQ 9HHQKXL]HUZHJ 65 '$/(1 +ROODQG

'H 6X %22.(0 3LFVWRQ 6+277/( 9((1+8,=(5 =$',$

-(67+(5

\ 9*

G NJ I S G NJ I S G NJ I S 3URM ,QGH[ 1/ 0 ) 3 ,QHW

Â&#x2021; PRHGHU YDQ GH VWLHUHQ GDP RI WKH EXOOV 3ODQ = %R\OH # 0DVWHUULQG -DGH # $OWD Â&#x2021; PRHGHU YDQ GDP RI .RVVHQKRHYH 3ODQHW =DGLD \ 9* QR 19, FRZ LQ +ROODQG Â&#x2021; %RRNHP [ 6KRWWOH [ -HVWKHU [ (VTXLPDX [ %ODFNVWDU

9((1+8,=(5 =$',$ 79 (;

G NJ I S G NJ I S G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

Â&#x2021; EHZH]HQ IRNNRH SURYHQ EURRGFRZ

=$',$ 9*

G NJ I S G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK %/$&. =$',$ 9* WK .(09,(: 527$7( =$',$ (; WK .(09,(: 0$5. =6$ =6$ (; WK .(09,(: =:$57( 9* WK .(09,(: 1(,/ 58%< 9* WK &/< '25 $3267/( 5$&+(/ 9*

3* 0,1(59$ 33

'(

*HQRPLFV 86 0 ) 3 *73,

%ODFNVWDU 0DEHO

3* 0HPSKLV 33

::6 *HUPDQ\ (LVHQEDKQVWUDVVH $/7(1%(5*( 'XLWVODQG

:HVW 3RUW $UURQ 'RRQ 0,7(< 3 5HJDQFUHVW 0U 'XUKDP 05 6$0 6+% 056 32// 3 5&

%XUNHW )DOOV 32//(' 3/86

\ 9* /D G NJ I S *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; 3 ]RQHQ ELM GH ., 3 VRQV LQ $, Â&#x2021; 6KDPURFN 3 GRFKWHU YHUNRFKW YRRU 6KDPURFN 3 GDXJKWHU VROG IRU /X[HPERXUJ &ODVVLF 6DOH ¼

3* 0,1(59$ 33 Â&#x2021; )RN]XLYHU KRRUQORRV KRPR]\JRXV 3ROOHG Â&#x2021; 9ROOH ]XVWHU YDQ IXOO VLVWHU WR 3* 0HPSKLV 33

:8/)672&. 0$%(/32// 3 9* +/ G NJ I S

:8/)672&. 0$5$&8-$ 9* +/ NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 0$%(//( 9* WK %/$&.67$5 0$%(/ 9* WK 0$5/(1 9* WK 0$7, 9*

=((',(.(5 /(77< 612: 3 5&

1/

*HQRPLFV 86 0 ) 3 *73,

=HHGLHNHU /DZQHW 3 5HG

$OXPHWWH

=HHGLHNHU +ROVWHLQV .DPSHU]HHGLMN 3* *(1(08,'(1 +ROODQG

)OHYR *HQHWLFV 612:0$1 $JJUDYDWLRQ /$:1 %2< 3 5(' =((',(.(5 /$:1(7 3 5('

'HOWD &$19$6 5&

\ 9*

G NJ I S G NJ I S SURM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $, Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG

=((',(.(5 /(77< 612: 3 5& Â&#x2021; 32//(' 5& 6QRZPDQ Â&#x2021; ZRUOG ZLGH LQWHUHVW Â&#x2021; GH HQLJH 6QRZPDQ YDQ /DZQHW WKH RQO\ 6QRZPDQ RXW RI /DZQHW

&$19$60(7 5(' \ 9*

G NJ I S G NJ I S

$/80(77( 9*

G NJ I S G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV DW $,

9ROJHQGH PRHGHUV QH[W GDPV WK 68=$1 (; WK -2<&( (; /HYHQVSURGXFWLH OLIHWLPH NJ

* 1 $0%(5 5&

1/

*HQRPLFV 86 0 ) 3 *73,

* 1 $PEHU 5HG

(2 6LHPHUV $VKO\QV $QJHO

0WV *LMPLQN -RK 3RVWVWUDDW $$ 1,(8:/$1'( +ROODQG

/DG\V 0DQRU 6+$052&.

6FLHQWLILF '(675< 5& * 1 $0%(5 5('

3RRV 6WDGHO &/$66,&

\ 9*

G NJ I S /: SURM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; \ 9* 9* XLHU \ 9* 9* 06 Â&#x2021; IUDDLH 5(' 'HVWU\ [ &ODVVLF [ 7DOHQW [ $VKO\Q YHU\ QLFH 5(' 'HVWU\ [ &ODVVLF [ 7DOHQW [ $VKO\Q

* 1 $0%(5 5& Â&#x2021; ppQ YDQ GH KRRJVWH 5& *73, 6KDPURFN GRFKWHUV RQH RI WKH KLJKHVW 5& *73, 6KDPURFN GDXJKWHUV

* 1 $0%(5 \ 9*

G NJ I S G NJ I S

Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU * 1 $VKO\Q 3 5HG \ 9*

7$/(17 $6+/<1 (7 5& \ 9*

G NJ I S

Â&#x2021; MU $% PHW $% XLHU \ 9* 9* 06 Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU RI $QJHO (; $PEURVLD (; $SKURGLWH (;

9ROJHQGH PRHGHUV QH[W GDPV WK 75, '$< $6+/<1 (; Â&#x2021; $OO $PHULFDQ Â&#x2021; $OO $PHULFDQ \ FRZ Â&#x2021; $OO $PHULFDQ 6U \ FRZ Â&#x2021; VW ,QWHUQDWLRQDO \ 6HQLRU *UDQG &KDPSLRQ Â&#x2021; VW (DVWHUQ 1DWLRQDO \ *UDQG &KDPSLRQ Â&#x2021; VW ,QWHUQDWLRQDO \ 5HVHUYH *UDQG &KDPSLRQ Â&#x2021; VW (DVWHUQ 1DWLRQDO \ 5HVHUYH *UDQG &KDPSLRQ WK %(1'< %522. 2'<66(< )$925,7( (; WK %(1'< %522. 67$5 )21'$ 9*

0:6 $)5,&$ 5& 3

1/

*HQRPLFV 86 0 ) 3 *73,

* 1 $VKO\Q 3 5HG

7UL 'D\ $VKO\Q

0LG :HVW 6\QGLFDWH 86$ S D 'DPPHODDQ *6 '$0:28'( +ROODQG

)OHYR *HQHWLFV 612:0$1 $JUDYDWLRQ /$:1 %2< 5(' * 1 $6+/<1 (7 3 5('

/DGLQR 3DUN 7$/(17

\ 9*

G NJ I S S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; *73, ERYHQ SHGLJUHH LQGH[ *73, DERYH SHGLJUHH LQGH[ Â&#x2021; +RRUQORRV HQ URRG 3ROOHG DQG 5HG Â&#x2021; \ 9* PHW XLHU \ 9* 9* 06

0:6 $)5,&$ 5& 3 Â&#x2021; 32//(' 5& 612:0$1

7$/(17 $6+/<1 (7 5& \ 9*

G NJ I S

Â&#x2021; MU $% PHW $% XLHU 9* 9* 06 Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHUV $QJHO (; $PEURVLD (; $SKURGLWH (;

75, '$< $6+/<1 (; ((((( G NJ I S G NJ I S G NJ I S

Â&#x2021; $OO $PHULFDQ Â&#x2021; $OO $PHULFDQ \ FRZ Â&#x2021; $OO $PHULFDQ 6U \ FRZ Â&#x2021; VW ,QWHUQDWLRQDO \ 6HQLRU *UDQG &KDPSLRQ Â&#x2021; VW (DVWHUQ 1DWLRQDO \ *UDQG &KDPSLRQ Â&#x2021; VW ,QWHUQDWLRQDO \ 5HVHUYH *UDQG &KDPSLRQ Â&#x2021; VW (DVWHUQ 1DWLRQDO \ 5HVHUYH *UDQG &KDPSLRQ

9ROJHQGH PRHGHUV QH[W GDPV WK %(1'< %522. 2'<66(< )$925,7( (; WK %(1'< %522. 67$5 )21'$ 9*

((567( .(86 ),567 &+2,&( 23-01-2012 DE 0355650971 WEH QUEENIC of / or

29-05-2012 DE 0355651002 WEH GOLD CHIP QUINTIA

%LOOLRQ 4XLQWD

%HUVDJOLR 2 0DQ 4XDOVLDVL

-XUJHQ +LQW]H 'XQVFKH 75(%(/ 'XLWVODQG

0U &KDVVLW\ *2/' &+,3 -.5 %: 0DUVKDOO %,//,21 48,17$

2 0DQ

\ 9*

G NJ I S ,QGH[ '( 0 ) 3 5=* *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $,

((567( .(86 ),567 &+2,&( *ROGFKLS [ 48,17$

:(+ 48((1,& '( *HQRPLFV 86 0 ) 3 *73,

:(+ *2/' &+,3 48,17,$ '( *HQRPLFV 86 0 ) 3 *73,

LQFOXVLHI GUDFKWLJKHGHQ YHUZDFKW GHFHPEHU LQFOXVLYH SUHJQDQFLHV GXH 'HFHPEHU

%(56$*/,2 +) 48$/6,$6, (7 \ 9*

G NJ I S ,QGH[ '( 0 ) 3 5=*

Â&#x2021; YHOH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; EHZH]HQ IRNNRH SURYHQ EURRG FRZ

/2&$1'$ 9* G NJ I S

9ROJHQGH PRHGHU QH[W GDP WK &256$ 9*

%52(.6 3/$*2/'

1/

*HQRPLFV 86 0 ) 3 *73,

%URHNV 3ODEHW

%URHNV %HWW\

+ %URHNKXLV %ORNZHJ 79 $/%(5*(1 +ROODQG

0U &KDVVLW\ *2/' &+,3 (QVHQDGH 7DERR 3/$1(7 %52(.6 3/$%(7

)OHYR *HQHWLFV 612:0$1

\ 9*

%52(.6 %(77< G NJ I 3 /: SURM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; ppQ YDQ GH PHHVW LQWHUHVVDQWH 3ODQHW GRFKWHUV LQ (XURSD RQH RI WKH PRVW LQWHUHVWLQJ 3ODQHW GDXJKWHUV LQ (XURSH Â&#x2021; GLW LV 3ODEHW KDDU KRRJVWH *73, GRFKWHU WKLV LV 3ODEHW KHU KLJKHVW *73, GDXJKWHU *ROG &KLS [ 3ODQHW [ 6QRZPDQ

\ 9*

G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; QU 19, NRH LQ +ROODQG QR 19, FRZ LQ +ROODQG Â&#x2021; YHUNRFKW YRRU VROG IRU 86 Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., HQ HPEU\R V JHs[SRUWHHUG VHYHUDO VRQV LQ $, DQG HPEU\RV H[SRUWHG ZRUOGZLGH

%52(.6 6+2$/ \ 9*

G NJ I S G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $,

9ROJHQGH PRHGHUV QH[W GDPV WK $/,&( 9* WK $025(77 9* WK $7+(1$ 9* WK $7/$17$ 9* WK $1'5($ 9*

68'$1 /2*$1 0$(

1/

*HQRPLFV 86 0 ) 3 *73,

0RUQLQJYLHZ 6KRWWOH /XF\

:KLWWLHU )DUPV /HDGPDQ 0DH

0WV GH +DDQ %LQQHQZHL -- +(05,. +ROODQG

9D (DUO\ 'DZQ 68'$1 FUL %UDHGDOH *2/':<1 0251,1*9,(: *: /2*$1

3LFVWRQ 6+277/(

H[SHFW 9* 9* IUHVK QRYHPEHU ,QGH[ 86 0 ) 3 *73,

Â&#x2021; /RJDQ OLMNW VXSHU /RJDQ ORRNV JUHDW Â&#x2021; 6XGDQ [ *ROGZ\Q [ 6KRWWOH [ 2 0DQ [ 'XUKDP Â&#x2021; JHHQ 6XGDQ GRFKWHUV YDQ /RJDQ LQ 1RRUG $PHULND QR 6XGDQ GDXJKWHUV RI /RJDQ LQ 1RUWK $PHULFD

0251,1*9,(: 6+277/( /8&< (7 (; 99(9( G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $, Â&#x2021; PHHUGHUH GRFKWHUV PHW KRJH *73, VHYHUDO GDXJKWHUV ZLWK KLJK *73, Â&#x2021; EHZH]HQ NRHIDPLOLH SURYHQ FRZ IDPLO\

0251,1*9,(: 20$1 /,%%< (7 9* 99999 G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

Â&#x2021; PRHGHU YDQ GH IRNVWLHU GDP RI SURYHQ EXOO 0RUQLQJYLHZ /HYL

9ROJHQGH PRHGHUV QH[W GDPV WK &52&.(7 $&5(6 '85+$0 0$( (7 79 9* Â&#x2021; PRHGHU YDQ GH IRNVWLHU GDP RI SURYHQ EXOO /HJHQG WK :$85(*$1 0$(%(// (; WK :+,77,(5 )$506 /($' 0$( (; WK 5$<0$8 %/$&.67$5 021,&$ 9* WK -81,3(5 -$621 0$5,$ 9* WK -'0 35,'( 9$/,$17 0$**,( (; WK /$ .2 /$1' 3(167$7( 6$',( 9* WK /$ .2 /$1' %2270$.(5 6$//< 9* WK /$ .2 /$1' 021,725 1$1&< (;

9(1'$,5< (/,7$

1/

*HQRPLFV 86 0 ) 3 *73,

%ROWRQ (OLWD

9HQGDLU\ 6DQFKH] (OLWD

- / : 0 YDQ GH 9HQ 9LQNHOVHVWUDDW ./ 9,1.(/ +ROODQG

*HQHUYDWLRQV (3,& 6DQG\ 9DOOH\ %2/721 %2/721 (/,7$ 7<

2 0$1

\ 9*

G NJ I S /: ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; KRRJVWH SURGXFWLH YDDUV RS KHW EHGULMI KLJKHVW SURGXFLQJ \U ROG LQ WKH KHUG Â&#x2021; ]RQHQ ELM GH ., HQ HPEU\RV JHs[SRUWHHUG VRQV LQ $, DQG HPEU\RV H[SRUWHG Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU :DEDVK :D\ (PLO\DQQ \ 9* PRHGHU YDQ JUDQGGDP RI :DEDVK :D\ ([SORGH Â&#x2021; PRHGHU YDQ GDP RI 9HQGDLU\ 6DQFKH] (OLWD \ 9*

&52&.(7 $&5(6 (/,7$ 9* (9(( G NJ I S

Â&#x2021; RYHUJURRWPRHGHU YDQ JUHDW JUDQGGDP RI *HQHUYDWLRQV (SLF -ROLFDS +LJKZD\

&52&.(7 $&5(6 07272 (//< (; (((9( G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK :$85(*$1 (//<0$( (7 79 (; WK :+,77,(5 )$506 /($' 0$( (; WK 5$<0$8 %/$&.67$5 021,&$ 9* WK -81,3(5 -$621 0$5,$ 9* WK -'0 35,'( 9$/,$17 0$**,( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK /$ .2 /$1' 3(167$7( 6$',( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK /$ .2 /$1' %2270$.(5 6$//< 9* WK /$ .2 /$1' 021,725 1$1&< (;

((567( .(86 ),567 &+2,&( $INDOIGDWXP GXH QRYHPEHU GHFHPEHU (SLF GUDFKWLJKHGHQ SUHJQDQFLHV 0RJXO GUDFKWLJKHGHQ SUHJQDQFLHV

0DUZLOO / 0 $OH[LD

-+6 / 0 $OH[LD

- YDQ 6RHOHQ %LQQHQGLMN 3+ 1,(8: (1 67 -226/$1' +ROODQG

*HQHUYDWLRQV (3,& 0RXQWILHOG 66, '&< 02*8/ 3LFVWRQ 6+277/( -+6 / 0 $/(;,$

$INDOYHQ GXH -DQDXU\ *HQRPLFV 1/ 0 ) 3 ,QHW 19, *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; $OH[LD OLMNW EHVW $OH[LD ORRNV UHDOO\ JRRG Â&#x2021; QR *19, 6KRWWOH GDXJKWHU LQ +ROODQG

((567( .(86 ),567 &+2,&( Â&#x2021; (SLF NRHNDOYHUHQ LQPLGGHOV JHERUHQ RNWREHU (SLF KHLIHUFDOIV DOUHDG\ ERUQ 2FWREHU

%UDHGDOH *2/':<1 0$5:,/ / 0 $/(;,$ (7 9*

G NJ I S G NJ I S G NJ I S SURM

Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR $/+ :LOOLH 9* PRHGHU YDQ GDP RI 9HQGDLU\ :RQGHU

0$5:,// /($'0$( 9*

G NJ I S G NJ I S %\ 5HJDQFUHVW (OWRQ 'XUKDP

Â&#x2021; RYHUJURRWPRHGHU YDQ JUHDW JUDQGGDP RI -+6 6QRZUXVK QR 19, *HQRPLF EXOO LQ +ROODQG

9ROJHQGH PRHGHUV QH[W GDPV WK :+,77,(5 )$506 /($' 0$( (; WK 5$<0$8 %/$&.67$5 021,&$ \ 9* WK -81,3(5 -$621 0$5,$ 9* WK -'0 35,'( 9$/,$17 0$**,( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK /$ .2 /$1' 3(167$7( 6$',( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK /$ .2 /$1' %2270$.(5 6$//< 9* WK /$ .2 /$1' 021,725 1$1&< (;

7(;(/ %($87< 612:<0$(

1/

*HQRPLFV 86 0 ) 3 *73,

7H[HO %HDXW\ 0DH

0D\HUODQH 'XUKDP 0DH

5 %RRJDDUG =ZLQZHJ +- 2267(5(1' +ROODQG

)OHYR *HQHWLFV 612:0$1 :LQG\ .QROO 9LHZ 352172 7(;(/ %($87< 0$(

5HJDQFUHVW (OWRQ '85+$0

\ 9*

G NJ I S /: IUHVK DJDLQ

Â&#x2021; &RYHUJLUO +ROVWHLQ ,QWHUQDWLRQDO 6HSWHPEHU Â&#x2021; 0DH KDDU HQLJH 6QRZPDQ GRFKWHU 0DH KHU RQO\ 6QRZPDQ GDXJKWHU

0$<(5/$1( '85+$0 0$( (; ((((( G NJ I S G NJ I S G NJ I S

Â&#x2021; HHQ YDQ 'XUKDP ]LMQ EHVWH GRFKWHUV RQH RI 'XUKDP KLV EHVW GDXJKWHUV Â&#x2021; LQJHVFKUHYHQ PHW H[FHOOHQW GDXJKWHUV FODVVLILHG H[FHOOHQW

:+,77,(5 )$506 /($' 0$( (; ((((( G NJ I S G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 5$<0$8 %/$&.67$5 021,&$ \ 9* WK -81,3(5 -$621 0$5,$ 9* WK -'0 35,'( 9$/,$17 0$**,( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK /$ .2 /$1' 3(167$7( 6$',( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK /$ .2 /$1' %2270$.(5 6$//< 9* WK /$ .2 /$1' 021,725 1$1&< (;

+2/%5$ *2/'$1$

1/

*HQRPLFV 86 0 ) 3 *73,

+ROEUD 3DXORQD

+ROEUD 2 0DQ 3DXOD

0WV +ROPHU /DQJHOHUVGLMN 3( /$5(1 +ROODQG

0U &KDVVLW\ *2/' &+,3 6DQG\ 9DOOH\ %2/721 +2/%5$ %2/721 3$8/21$ (7

2 0$1

\ 9*

G NJ I S /: ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; YROOH ]XVWHU YDQ GH IRNVWLHU IXOO VLVWHU RI WKH SURYHQ EXOO +ROEUD 3DROD # &RJHQW (QJHODQG Â&#x2021; HLZLW SURWHLQ %ROWRQ Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG Â&#x2021; 6QRZPDQ GRFKWHUV ! *73,

+2/%5$ 2 0$1 3$8/$ \ 9*

G NJ I S

Â&#x2021; YHOH ]RQHQ ELM GH ., PDQ\ VRQV LQ $, Â&#x2021; H GRFKWHUV YDQ 3DXOD VW GDXJKWHUV RI 3DXOD [ 9* [ 9* [ 9* HQ [ 9*

+2/%5$ 0257< 3(75$ (;

G NJ I S G NJ I S G NJ I S

Â&#x2021; ,QWHUPHGLDWH &KDPSLRQ /DUHQ 6KRZ DQG

9ROJHQGH PRHGHUV QH[W GDPV WK 681'$< $/+ '85+$0 358'(1&( (7 79 \ 9* WK 0$<(5/$1( 58'2/3+ +,$:$7+$ (; WK *2/'(1 2$.6 0$5. 358'(1&( (; /HYHQVSURGXFWLH OLIHWLPH ! NJ PLON WK 2*'(1 +$129(5 6(; 358'(1&( (; WK '5($0675((7 525$( 32&2+217,6 (; WK 6+(5 0$5 +,*+0$5. +,$:$7+$ (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 6+(5 0$5 /(( 0,7=, (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 6+(5 0$5 0,1*2 0,1, (; WK 6+(5 0$5 0,67< -2 9* WK 0$52< 52%85.( 68( 9*

,-/67(5 0,7&+<

1/

*HQRPLFV 86 0 ) 3 *73,

+HQGHO 6KRWWOH 0LFD

3LRQHHU

+ YDQ GHU *DDVW 'H ,HQGUDFKWZHL &7 ,-/67 +ROODQG

6FKLOOYLHZ 2PDQ *(5$5' 5HJDQFUHVW ++) 0$& )/< +,*+(5 0$& 0<&&$

3LFVWRQ 6+277/(

\ 9* 99999 G NJ I S ,QGH[ 86 0 ) 3 *73,

Â&#x2021; KDOIEURHU YDQ PDWHUQDO EURWKHU WR 3LRQHHU 5=* # 0DVWHUULQG *HUPDQ\

+(1'(/ 6+277/( 0,&$ \ 9* 99999 G NJ I S

Â&#x2021; YHOH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR +HQGHO 6KRWWOH 0LDPL 9* JUDQGGDP RI JURRWPRHGHU YDQ 0LQQLJDQ +LOOV 'D\ # &5,

+(1'(/ '85+$0 0,7=, (; 9(9(( G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK +(1'(/ 0$1)5(' 0,67,48( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK +(1'(/ /$1*6 0,67< 9*

3* /,%(57<

'(

*HQRPLFV 86 0 ) 3 *73,

Richmond FD Al Loralee

5LFKPRQG )' /LHVO

::6 *HUPDQ\ (LVHQEDKQVWUDVVH $/7(1%(5*( 'XLWVODQG

*HQHUYDWLRQV (3,& 0U 5HJHOFUHHN 6+27 $/ 5,&+021' )' $/ /25(/(, 7<

$INDOYHQ GXH IHEUXDU\ ,QGH[ 86 0 ) 3 *73,

Â&#x2021; (SLF [ 6KRW $O Â&#x2021; ]RQHQ YDQ /RUHOHL ELM GH ., VRQV RI /RUHOHL LQ $, E\ 1XPHUR 8QR ! *73, # 6HOHFW 6LUHV E\ (SLF # $FFHOHUDWHG *HQHWLFV Â&#x2021; YROOH ]XVWHU IXOO VLVWHU /RUHOHL 5LFKPRQG )' $/ /RUDOHH \ 9*

3* /,%(57< Â&#x2021; 'H HQLJH GRFKWHU YDQ /RUHOHL WKH RQO\ GDXJKWHU RXW RI /RUHOHL

5$026 5,&+021' )' /,(6/ 9* 99999 G NJ I S

Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $,

0$5./$1' 2 0$1 /,6$ 9* 99 9 G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 085$1'$ %:0 /$7,1 \ 9* WK %($&+/$:1 %/:22' / /,//< (; WK %($&+/$:1 %(//:22' 7$00< 9* WK %($&+/$:1 %(// 352 7$00< 9* WK %($&+/$:1 %(// &/(,786 352 (; WK %($&+/$:1 '87&+2( %(// (; WK %($&+/$:1 '87&+2( (//< 9*

((567( .(86 ),567 &+2,&( $INDOIGDWXP GXH QRYHPEHU PDDUW 1XPHUR 8QR GUDFKWLJKHGHQ SUHJQDQFLHV 0HULGLDQ GUDFKWLJKHGHQ SUHJQDQFLHV

'HVWLQ\

$ / + 2 0DQ 'HVWLQ\

0WV .XLSHUV +HLGHQVNLSVWHUG\N +3 ,7 +(,'(16.,3 +ROODQG

$PHJKHWWL 180(52 812 6XOO\ +DUW 0(5,',$1 %UDHGDOH *2/':<1 '(67,1< (7

2 0$1

\ 9*

G NJ I S /: ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; QU 19, NRH LQ 1HGHUODQG QR 19, FRZ LQ +ROODQG Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG Â&#x2021; YROOH EURHU 'DQLOOR QU 19, VWLHU +ROODQG IXOO EURWKHU 'DQLOOR QR 19, EXOO LQ +ROODQG Â&#x2021; YROOH EURHU *ROGGD\ QU 5=* VWLHU LQ 'XLWVODQG IXOO EURWKHU *ROGGD\ QR 5=* EXOO LQ *HUPDQ\ Â&#x2021; YROOH ]XVWHU 5HJDQ $/+ *ROGZ\Q 'HVWLQL 9* 86$ IXOO VLVWHU RI 5HJDQ $/+ *ROGZ\Q 'HVWLQL 9* 86$ Â&#x2021; YROOH EURHU 5HJDQ $/+ 'HUUHQ 6HOHFW 6LUHV IXOO EURWKHU 5HJDQ $/+ 'HUUHQ DW 6HOHFW 6LUHV Â&#x2021; GLW LV KHW HHUVWH NRHNDOI GDW ZRUGW YHUNRFKW XLW 'HVWLQ\ WKLV LV WKH ILUVW KHLIHU WR EH VROG RXW RI 'HVWLQ\

$ / + 2 0$1 '(67,1< \ 9* 99999 G NJ I S

Â&#x2021; YROOH EURHUV IXOO EURWKHUV 'HVWLQ\ $ / + 'DNRWD $ / + 'XNH $ / + 2VDND Â&#x2021; 'HVWLQ\ PRHGHU YDQ GDP RI 'DQLOOR *ROGGD\

0$5.:(// '85+$0 '$,6< (7 79 (; ((((( G NJ I S G NJ I S

Â&#x2021; UG ,QWHUQDWLRQDO 65 \ &RZ Â&#x2021; 1RPLQDWHG $OO $PHULFDQ Â&#x2021; WK ,QWHUQDWLRQDO \ DQG ROGHU &RZ

9ROJHQGH PRHGHUV QH[W GDPV WK 0$5.:(// /8.( 5$3785( (; WK 0$5.:(// %/$&.67$5 5$9(1 (; WK 0$5.:(// 0$5. (/,7( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 52&.$//, 0$56 (0,/< (; /HYHQVSURGXFWLH OLIHWLPH NJ

::6 3(11< 3 5&

'(

*HQRPLFV 86 0 ) 3 *73,

*ROGHQ 2DNV *Z\Q 3HUN\ 5& 3

*ROGHQ 2DNV 3HUN 5DH 3 5HG

::6 *HUPDQ\ (LVHQEDKQVWUDVVH $/7(1%(5*( 'XLWVODQG

*HQHUYDWLRQV (3,& %UDHGDOH *2/':<1 *2/'(1 2$.6 *:<1 3(5.< 3 5&

%XUNHW )DOOV 3(5. 5HG

\ 9* 9 99 G NJ I S ,QF // ,QGH[ 86 0 ) 3 *73,

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $,

::6 3(11< 3 5& Â&#x2021; 3ROOHG 5& Â&#x2021; (SLF [ *ROGZ\Q [ 3HUN 5DH Â&#x2021; KDOI]XVWHU 3HQQ\ YHLOLQJWRSSHU PDWHUQDO VLVWHU 3HQQ\ KLJKHVW VHOOHU :RUOG &ODVVLF 6DOH 0DGLVRQ

*2/'(1 2$.6 3(5. 5$( 3 5(' (; ((9(( G NJ I S G NJ I S

Â&#x2021; */2%$/ 5(' &2: 2) 7+( <($5 Â&#x2021; XQLHNH IRNNRH URRG HQ KRRUQORRV XQLTXH EURRG FRZ 5HG 3ROOHG Â&#x2021; 5R[\ IDPLO\ Â&#x2021; PHHUGHUH GRFKWHUV YHUNRFKW YRRU KRJH SULM]HQ VHYHUDO GDXJKWHUV WRSSLQJ SXEOLF DXFWLRQV

6&,(17,),& %($87< 5$( 5& (; 9((99 G NJ I S G NJ I S

Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU RI 6FLHQWLILF 'HEXWDQWH 5DH (; 5HVHUYH 6HQLRU 5HVHUYH *UDQG &KDPSLRQ 0DGLVRQ

9ROJHQGH PRHGHUV QH[W GDPV WK 6&,(17,),& -8%,/$17 5$( 5& (; WK & +$129(5+,// 721< 5$( (; WK & +$129(5+,// 77 52;(77( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 0,/ 5 025 52;(77( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK & */(15,'*( &,7$7,21 52;< (; 4XHHQ RI WKH %UHHG /HYHQVSURGXFWLH OLIHWLPH NJ WK 125721 &2857 02'(/ 9(( (; /HYHQVSURGXFWLH OLIHWLPH NJ

'( 5,7+ &,1'(5(//$

1/

*LHVVHQ &LQGHUHOOD

'H 5LWK &LQGHUHOOD

'H 5LWK +ROVWHLQV $GULRQ YDQ %HHN 5LWKVHVWUDDW *& %5('$ +ROODQG

(UEDFUHV '$0,21 %UDHGDOH *2/':<1 *,(66(1 &,1'(5(//$ 79

5HJDQFUHVW (OWRQ '85+$0

(;

G NJ I S G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; PHHUGHUH ]RQHQ QDDU GH ., VHYHUDO VRQV LQ $, Â&#x2021; PHHUGHUH GRFKWHUV 9* DOV YDDUV VHYHUDO GDXJKWHUV 9* DW \ LQFOXGLQJ 'H 5LWK &LQGHUHOOD \ 9*

'( 5,7+ &,1'(5(//$ Â&#x2021; '$0,21 [ *2/':<1 [ '85+$0

'85+$0 &,1'(5(//$ &9 (7 9*

G NJ I S G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV DLQ $, Â&#x2021; XLW GH]HOIGH IDPLOLH DOV RXW RI WKH VDPH IDPLO\ DV 6FLHQWLILF 'XUKDP 'HEXWDQWH 5HD (; 5HVHUYH *UDQG &KDPSLRQ :RUOG 'DLU\ ([SR

:,/&2;9,(: &,1'(5(//$ (; (((9( G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 6&,(17,),& &,1'(5$(//$ 9* Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU RI 6FLHQWLILF -XELODQW 5DH (; WK & +$129(5+,// 721< 5$( (; WK & +$129(5+,// 77 52;(77( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 0,/ 5 025 52;(77( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK & */(15,'*( &,7$7,21 52;< (; 4XHHQ RI WKH %UHHG /HYHQVSURGXFWLH OLIHWLPH NJ WK 125721 &2857 02'(/ 9(( (; /HYHQVSURGXFWLH OLIHWLPH NJ

.+ '$5/,1* 5$( 5('

1/

*HQRPLFV 86 0 ) 3 *73,

6FLHQWLILF 'HEXWDQWH 5DH 5&

$OH[DV 5HDOW 'DUOLQJ 5HG

0WV -RQNHUV .RHZHLGHQ 5; ':,1*(/22 +ROODQG

:LOOVEUR /$5621 +XUWJHQ 9XH 5($/,7< 5(' $/(;$6 5($/7 '$5/,1* 5('

3LFVWRQ 6+277/(

\ 9* 9( 9 G NJ I S ,QF // ,QGH[ 86 0 ) 3 *73,

Â&#x2021; H NHXULQJ 9* ILUVW VFRUH 9* Â&#x2021; EHVWH YDDUV YHU\ QLFH \U ROG

.+ '$5/,1* 5$( 5(' Â&#x2021; 5(' /DUVRQ Â&#x2021; JHHQ YROOH ]XVWHUV YDQ 5DH 5HG LQ 1RRUG $PHULND QR IXOO VLVWHUV RI 5DH 5HG LQ 1RUWK $PHULFD

6&,(17,),& '$5/,1* 5$( 5& 9* 99( 9 G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU WR 'HERQDLU 5HG 'XHFH 5& 'XVN 5& 'HVWU\ 5& HWF

6&,(17,),& '(%87$17( 5$( 5& (; ((((( G NJ I S

Â&#x2021; 5HVHUYH 6HQLRU 5HVHUYH *UDQG &KDPSLRQ 0DGLVRQ Â&#x2021; 5HVHUYH *UDQG &KDPSLRQ 6SULQJ 1DWLRQDO

9ROJHQGH PRHGHUV QH[W GDPV WK 6&,(17,),& -8%,/$17 5$( 5& (; WK & +$129(5+,// 721< 5$( (; WK & +$129(5+,// 77 52;(77( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 0,/ 5 025 52;(77( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK & */(15,'*( &,7$7,21 52;< (; 4XHHQ RI WKH %UHHG /HYHQVSURGXFWLH OLIHWLPH NJ WK 125721 &2857 02'(/ 9(( (; /HYHQVSURGXFWLH OLIHWLPH NJ

$ / + '$*1$ 5$( 5&

1/

*HQRPLFV 86 0 ) 3 *73,

6FLHQWLILF *ROG 'LVK 5DH 5&

*OHQULGJH &LWDWLRQ 5R[\

$ / + *HQHWLFV %9 'DPPHODDQ *6 '$0:28'( +ROODQG

$UURQ 'RRQ :HVW 3RUW 0$*1$ 3 5& %UDHGDOH *2/':<1 6&,(17,),& *2/' ',6+ 5$( 79 5&

5HJDQFUHVW (OWRQ '85+$0

\ 9* 9999( G NJ I S *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR 6FLHQWLILF 'HVWU\ 5& Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU WR 6FLHQWLILF 'XHFH 5& 6FLHQWLILF 'HERQDLU 5HG 6FLHQWLILF 'XVN 5& Â&#x2021; URRGIDFWRU UHG FDUULHU

6&,(17,),& '(%87$17( 5$( 5& (; ((((( G NJ I S

Â&#x2021; $OO $PHULFDQ \ FRZ Â&#x2021; +0 $OO $PHULFDQ -U \ FRZ Â&#x2021; 5HVHUYH 6HQLRU 5HVHUYH *UDQG &KDPSLRQ :'( Â&#x2021; 5HVHUYH *UDQG &KDPSLRQ 6SULQJ 1DWLRQDO

6&,(17,),& -8%,/$17 5$( 5& (; (((99 G NJ I S G NJ I S G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK & +$129(5+,// 721< 5$( (; WK & +$129(5+,// 77 52;(77( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 0,/ 5 025 52;(77( (; /HYHQVSURGXFWLH OLIHWLPH NJ WK & */(15,'*( &,7$7,21 52;< (; 4XHHQ RI WKH %UHHG /HYHQVSURGXFWLH OLIHWLPH NJ WK 125721 &2857 02'(/ 9(( (; /HYHQVSURGXFWLH OLIHWLPH NJ

9((1+8,=(5 1$1$

1/

*HQRPLFV 86 0 ) 3 *73,

Veenhuizer Manur

%: 0DUVKDOO 1HEOLQD

BW Marshall Neblina

9HHQKXL]HU 0DQXU

0WV 8LQHNHQ 9HHQKXL]HUZHJ 65 '$/(1 +ROODQG

%RPD] 0DULRQ (0(5$/' /RQJ /DQJV 0$1 2 0$1 9((1+8,=(5 1(//(.(

0$6&2/

\ 9*

IUHVK 6HSWHPEHU ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; \ 9* PHW 9* XLHU \ 9* ZLWK 9* XGGHU Â&#x2021; HHQ YDQ GH EHVWH YDDU]HQ RS KHW EHGULMI RQH RI WKH EHVW \U ROGV LQ WKH KHUG

9((1+8,=(5 1$1$ Â&#x2021; *73, (PHUDOG

1(02 \ 9*

G NJ I S G NJ I S

Â&#x2021; ]RRQ ELM GH ., VRQ LQ $, Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR 9HHQKXL]HU 0DQXU

%: 0$56+$// 1(%/,1$ \ 9*

G NJ I S

1RPLQDWHG +ROVWHLQ ,QWHUQDWLRQDO &RZ

9ROJHQGH PRHGHUV QH[W GDPV WK (7$=21 // 1(21 9* WK 78, 21<; 1,&. 9* WK 78, 23(/ 1(' %2< 9* WK 78, 2'<(66$ %(// 9*

'$< '5($0

1/

*HQRPLFV 86 0 ) 3 *73,

%DVVLQJWKRUSH 6KRWWOH 'DLV\

'6 'D\OLJKW

)D 9HQHNODDV 6ORWV 0LQ &UHPHUVWUDDW $ 7% =(<(59(/' +ROODQG

%RVVLGH $OWD5266 (PHUDOG $FUHV %$;7(5 '6 '$</,*+7

3LFVWRQ 6+277/(

\ 9*

G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

'$<'5($0 Â&#x2021; ZRUGW YHUNRFKW PHW 0HULGLDQ HPEU\R V VHOOV LQFOXGLQJ KHU 0HULGLDQ HPEU\RV

%$66,1*7+253( 6+277/( '$,6< (;

G NJ I S G NJ I S G NJ I S

Â&#x2021; GH EHNHQGH 6KRWWOH 'DLV\ (; WKH ZHOO NQRZQ 6KRWWOH 'DLV\ (;

%$66,1*7+253( /($' '$,6< \ *3 G NJ I S

9ROJHQGH PRHGHU QH[W GDP WK %$66,1*7+253( &21 '$,6< *3 G NJ I S G NJ I S G NJ I S G NJ I S G NJ I S

=$1'(1%85* (3,& &$5/(<

1/

*HQRPLFV 86 0 ) 3 *73,

=DQGHQEXUJ 3ODQHW &DUO\

=DQGHQEXUJ 2 0DQ &DUO\

0WV 6RPPHUV 5LSVHZHJ 60 (/6(1'253

*HQHUYDWLRQV (3,& (QVHQDGD 7DERR 3/$1(7 =$1'(1%85* 3/$1(7 &$5/<

2 0$1

\ 9*

G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; ]RQHQ QDDU GH ., VRQV LQ $, Â&#x2021; XLW GH IDPLOLH YDQ RXW RI WKH IDPLO\ RI 1LDJUD %UHWW DQG &DUVRQ

=$1'(1%85* 2 0$1 &$5/< \ 9*

G NJ I S /:

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG

0(6/$1' $$521 35,1&(6 (7 79 9*

G NJ I S G NJ I S

Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU WR 3HFNHQVWHLQ )RUP %UHWW

9ROJHQGH PRHGHUV QH[W GDPV WK 3(&.(167(,1 (648,0$8 &$5/(< (; /HYHQVSURGXFWLH OLIHWLPH NJ WK 3(&.(167(,1 %($75,&( .$< 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK 5$0$'$/< 0(/9,1 .$< (; /HYHQVSURGXFWLH OLIHWLPH NJ

)* 2/,9,$ (7

1/

*HQRPLFV 86 0 ) 3 *73,

)* 3ODQHW 3ROLF\

:LQG\ .QROO 9LHZ 3ROLF\

)OHYR *HQHWLFV 8UNHUZHJ 1% 85. +ROODQG

)OHYR *HQHWLFV 612:0$1 (QVHQDGD 7DERR 3/$1(7 )* 3/$1(7 32/,&<

&RPHVWDU 2876,'(

\ 9*

G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; GH 3ODQHW GRFKWHU XLW 3ROLF\ WKH 3ODQHW GDXJKWHU RXW RI 3ROLF\ Â&#x2021; \ 9* 9* XLHU \ 9* 9* 06 Â&#x2021; HPEU\R V JHs[SRUWHHUG HPEU\RV H[SRUWHG Â&#x2021; JHFRQWUDFWHHUG YRRU VWLHUHQ FRQWUDFWHG IRU EXOOV

)* 2/,9,$ Â&#x2021; *73, 6QRZPDQ [ 3ODQHW *ROGHQ &URVV Â&#x2021; NODDU RP WH VSRHOHQ RSHQ DQG UHDG\ WR IOXVK Â&#x2021; ZRUGW YHUNRFKW PHW VHOOV ZLWK =DQL %ROWRQ 0DVFDOHVH )(0EU\RV

:,1'< .12// 9,(: 32/,&< (; ((9(( G NJ I S G NJ I S G NJ I S

Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR :LQG\ .QROO 9LHZ 3URQWR :LQG\ .QROO 9LHZ 3OHGJH (;

:,1'< .12// 9,(: 3520,6 (7 (; ((((( G NJ I S G NJ I S G NJ I S

Â&#x2021; *UDQG &KDPSLRQ (DVWHUQ 1DWLRQDO Â&#x2021; 5HVHUYH $OO $PHULFDQ \ ROG Â&#x2021; ,QWHUPHGLDWH &KDPSLRQ (DVWHUQ 1DWLRQDO

9ROJHQGH PRHGHUV QH[W GDPV WK :,1'< .12// 9,(: 8/7,0$7( 3$/$ (; WK :,1'< .12// 9,(: &5((. 3$8/,1( 9*

:$7(502/(1 612:0$1 3$75,&,$

1/

*HQRPLFV 86 0 ) 3 *73,

:DWHUPROHQ 3DQN\

:DWHUPROHQ *ROGZ\Q 3ULQFHV

0 GH *URRW 5HLJHUVGUHHI 9; 7,(1+29(1 +ROODQG

)OHYR *HQHWLFV 612:0$1 (PHUDOG $FUHV %$;7(5 :$7(502/(1 3$1.<

%UDHGDOH *2/':<1

\ 9*

G NJ I S /: G NJ I S SURM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., HPEU\R V JHH[SRUWHHUG VHYHUDO VRQV LQ $, DQG HPEU\RV H[SRUWHG Â&#x2021; QX LQ KDDU H ODFWDWLH QRZ LQ KHU QG ODFWDWLRQ Â&#x2021; 6QRZPDQ [ 3DQN\

:$7(502/(1 35,1&(66 (7 9*

G NJ I S G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; HPEU\R V JHs[SRUWHHUG RD QDDU GH 86$ HPEU\RV H[SRUWHG LQFOXGLQJ WR WKH 86$ Â&#x2021; ZRUGW QRJ YRORS JHVSRHOG VWLOO IOXVKLQJ

:,1'< .12// 9,(: 3/('*( (7 79 (; ((((( G NJ I S G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

Â&#x2021; WK ,QWHUQDWLRQDO \ ROG FRZ Â&#x2021; 5HVHUYH *UDQG &KDPSLRQ 1HZ <RUN 6SULQJ 6KRZ Â&#x2021; *UDQG &KDPSLRQ (DVWHUQ )DOO 1DWLRQDO +ROVWHLQ 6KRZ

9ROJHQGH PRHGHUV QH[W GDPV WK :,1'< .12// 9,(: 3520,6 (7 (; WK :,1'< .12// 9,(: 8/7,0$7( 3$/$ (; WK :,1'< .12// 9,(: &5((. 3$8/,1( 9*

+%& 6+(,/$

1/

+%& 6KRWWOH 6KHLOD

+%& *ROGZ\Q 6KHLOD

6FKHS +ROVWHLQV +ROODQG %RYHQEHUJ %$ %(5*$0%$&+7 +ROODQG

7RF )DUP *2/'681 3LFVWRQ 6+277/( +%& 6+277/( 6+(,/$

&RPHVWDU 2876,'(

\ 9*

G NJ I S /: ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; PHHUGHUH GRFKWHUV $% DOV YDDUV VHYHUDO GDXJKWHUV 9* DW \ Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU :DWHUPROHQ *ROGZ\Q 3ULQFHV 9* Â&#x2021; *ROGZ\Q [ +%& 6KRWWOH 6KHLOD +%& *ROGZ\Q 6KHLOD \ 9* 5HVHUYH -XQLRU &KDPSLRQ +RRUQDDU

:,1'< .12// 9,(: 3/('*( (7 79 (; ((((( G NJ I S G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

Â&#x2021; YROOH ]XVWHU IXOO VLVWHU :LQG\ .QROO 9LHZ 3URQWR Â&#x2021; ! ]RQHQ ELM GH ., ! VRQV LQ $, WK ,QWHUQDWLRQDO \ ROG FRZ 5HVHUYH *UDQG &KDPSLRQ 1HZ <RUN 6SULQJ 6KRZ $OO $PHULFDQ \U ROG UG OE &RZ :RUOG 'DLU\ ([SR *UDQG &KDPSLRQ (DVWHUQ )DOO 1DWLRQDO +ROVWHLQ 6KRZ

:,1'< .12// 9,(: 3520,6 (7 (; ((((( G NJ I S G NJ I S G NJ I S

Â&#x2021; 5HVHUYH $OO $PHULFDQ \ ROG Â&#x2021; ,QWHUPHGLDWH &KDPSLRQ (DVWHUQ 1DWLRQDO

9ROJHQGH PRHGHUV QH[W GDPV WK :,1'< .12// 9,(: 8/7,0$7( 3$/$ (; WK :,1'< .12// 9,(: &5((. 3$8/,1( 9*

'( 5,7+ '$1,//2 */(1'$

1/

*HQRPLFV EHVFKLNEDDU DYDLODEOH GHFHPEHU

7HU %HHN 6KRWWOH

7HUEHHN *OHQGD

'H 5LWK +ROVWHLQV $GULRQ YDQ %HHN 5LWKVHVWUDDW *& %5('$ +ROODQG

'$1,//2 3LFVWRQ 6+277/( 7(5%((. */(1'$

7LPO\Q $'$0

9*

G NJ I S G NJ I S ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; PRHGHU YDQ GDP RI 7HUEHHN $OWD *KRVW *73, # $OWD 7HU %HHN *OHQGD \ 9* *73, YHUNRFKW YRRU VROG IRU ¼ +0 6DOH

$'$0 75($685( 9*

G NJ I S G NJ I S G NJ I S

Â&#x2021; IDPLOLH PHW PHHUGHUH IRNVWLHUHQ IDPLO\ ZLWK VHYHUDO SURYHQ EXOOV

%((. $/7$*/(1'$ 9*

G NJ I S G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 02/(19/,(7 */(1'$ 9* WK ($67/$1' */(1'$ 9* WK ($67/$1' *$/$ (; WK ($67/$1' *2/'(1 9* WK /$78&+ ,9$1+2( /$85$ 67$5 9* WK /$78&+ ,9$1+2( /$85$ 67$5 (;

55 5(1'(928=

'(

*HQRPLFV 86 0 ) 3 *73,

55 *ROGZ\Q 5HJLQD

55 5HQGHYRX]

)D 5HLQHUPDQQ :HKGHOHUVWUDVVH *(+5'( 'XLWVODQG

/DG\V 0DQRU 6+$052&. /RQJ /DQJV 0$1 2 0$1 55 5$1,$

%UDHGDOH *2/':<1

\ 9*

IUHVK VHSWHPEHU

Â&#x2021; LQJHVFKUHYHQ ZHNHQ LQ SURGXFWLH FODVVLILHG DW ZHHNV IUHVK Â&#x2021; JHQHUDWLRQV ! SURWHLQ Â&#x2021; YROOH EURHU IXOO EURWKHU 5DQLD 0$1621 # 2+* ! SURWHLQ

55 *2/':<1 5(*,1$ \ 9*

/D G NJ I S /D G NJ I S

Â&#x2021; EHVWH IRNNRH JUHDW EURRGFRZ Â&#x2021; GH EHNHQGH 5 IDPLOLH WKH ZHOO NQRZQ 5 IDPLO\ Â&#x2021; DOOH QDNRPHOLQJHP VFRUHQ JHQRPLFV KRRJ HLZLW DOO RIIVSULQJ WHVWLQJ KLJK JHQRPLFV SURWHLQ

55 5,0,1, \ 9* /D G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 55 5,(.( \ 9* WK 55 5,9$1$ \ 9* WK 55 5,9$ 9* WK 55 5,&$5'$ (; WK 55 5,63( 9* WK 55 5,(.( 9*

9,667(,1 $85(/,$ 5&

1/

*HQRPLFV 86 0 ) 3 *73,

$SLQD 0DVVLD 5&

)* 0DVVLD

)OHYR *HQHWLFV 9LVVWHLQ +ROVWHLQV 8UNHUZHJ 1% 85. +ROODQG

/DG\V 0DQRU 6+$052&.

3LFVWRQ 6+277/( $3,1$ 0$66,$ 5&

/(17,1, 5&

(;

G NJ I S G NJ I S G NJ I S 3URM ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; PRHGHU YDQ GDP RI )* 0DVVLD Â&#x2021; 5& 6KDPURFN

$3,1$ 0$66,$ 5(' (;

G NJ I S G NJ I S G NJ I S

Â&#x2021; GH IDPLOLH YDQ GH IRNVWLHUHQ IDPLO\ RI WKH EXOOV &XUWLV .\OLDQ HQ 7RFDU

$3,1$ 0$66,$ 5(' 9*

G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 0DVVLD 9* WK 0DVVLD 9*

%52(.6 5$/0$ 0 %($87<

1/

*HQRPLFV 86 0 ) 3 *73,

5DOPD 0DF %HDXW\

5DOPD 'XUKDP )LUHEDOO

+ %URHNKXLV %ORNZHJ 79 $/%(5*(1 +ROODQG

&RRS 2 67</( 5HJDQFUHVW ++) 0$& 5$/0$ 0$& %($87<

3LFVWRQ 6+277/(

\ 9* 99999 G NJ I S ,QGH[ 86 0 ) 3 *73,

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; 2 6W\OH [ 0DF [ 6KRWWOH Â&#x2021; 2 6W\OH VSHUPD LV QLHW EHVFKLNEDDU LQ (XURSD 2 6W\OH VHPHQ LV QRW DYDLODEOH LQ (XURSH

5$/0$ 6+277/( %877(5)/< 9* ((999 G NJ I S G NJ I S

5$/0$ ),1/(< ),5()/< (7 (; (((9( G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 5$/0$ '85+$0 ),5(%$// (7 79 (; WK 5$/0$ -8525 )$,7+ (; WK 5$/0$ /($'0$1 )$6+,21 9* WK 5$/0$ 0(/:22' )2575(66 1&/ WK 5$/0$ *2/'(1 )25781( 9* WK 5$/0$ 18**(7 *2/',( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK <(1'25$ -$48( 3,21((5 (; /HYHQVSURGXFWLH OLIHWLPH NJ

$ / + &<3586

1/

*HQRPLFV 86 0 ) 3 *73,

5DOPD &KULVWPDV &RRNLH

5DOPD &DUDW *ROG

$ / + *HQHWLFV %9 'DPPHODDQ *6 '$0:28'( +ROODQG

&RRS 2 67</( .HG 2XWVLGH -((9(6 0$5.:(// -((9(6 &$5(77$

%UDHGDOH *2/':<1

\ *3 99 G NJ I S 3URM *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; YROJHQGH NHXULQJ 9* QH[W VFRUH 9* Â&#x2021; *73, 2 6W\OH Â&#x2021; 2 6W\OH VSHUPD LV QLHW EHVFKLNEDDU LQ (XURSD 2 6W\OH VHPHQ LV QRW DYDLODEOH LQ (XURSH

5$/0$ &$5$7 *2/' \ 9* 9(999 G NJ I S

Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU RI 5DOPD *ROGZ\Q &DUPHO (; Â&#x2021; YROOH EURHUV IXOO EURWKHUV 5DOPD *ROG &URZQ &RDFK $OWD &KDLUPDQ

5$/0$ &+5,670$6 2 0$1 &22.,( \ 9* 9999( G NJ I S

Â&#x2021; YROOH ]XVWHU IXOO VLVWHU 5DOPD &ULFNHW

9ROJHQGH PRHGHUV QH[W GDPV WK 5$/0$ '85+$0 )8'*( (7 79 9* 0RHGHU YDQ GDP RI 5DOPD &ULFNHW WK 5$/0$ -8525 )$,7+ (; WK 5$/0$ /($'0$1 )$6+,21 9* WK 5$/0$ 0(/:22' )2575(66 1&/ WK 5$/0$ *2/'(1 )25781( 9* WK 5$/0$ 18**(7 *2/',( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK <(1'25$ -$48( 3,21((5 (; /HYHQVSURGXFWLH OLIHWLPH NJ

7(;(/ %($87< 68'$1 &+2,&(

1/

*HQRPLFV EHVFKLNEDDU DYDLODEOH GHFHPEHU

7H[HO %HDXW\ 6KRWWOH &KRLFH

7H[HO %HDXW\ 6SHFLDO &KRLFH

5 %RRJDDUG =ZLQZHJ +- 2267(5(1' +ROODQG

9D (DUO\ 'DZQ 68'$1 FUL 9HOYHW 9LHZ 62&5$7(6 7(;(/ %($87< 63(&,$/ &+2,&(

3LFVWRQ 6+277/(

\ 9*

G NJ I S /: ,QGH[ 1/ 0 ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; EHVWH 6RFUDWHV GRFKWHU XLW 6KRWWOH &KRLFH 9* YHU\ JRRG 6RFUDWHV GDXJKWHU RXW RI 6KRWWOH &KRLFH 9* Â&#x2021; 6XGDQ [ 6RFUDWHV [ &KRLFH

7(;(/ %($87< 6+277/( &+2,&( 9*

G NJ I S G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ ELM GH ., VHYHUDO VRQV LQ $, Â&#x2021; .DPSLRHQ YDDU]HQ 2SPHHU -XQLRU &KDPSLRQ 2SPHHU

5$/0$ ),1/(< &+2,&( (7 (; (((99 G NJ I S G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK 5$/0$ '85+$0 )8'*( (7 79 9* 0RHGHU YDQ GDP RI 5DOPD &ULFNHW WK 5$/0$ -8525 )$,7+ (; WK 5$/0$ /($'0$1 )$6+,21 9* WK 5$/0$ 0(/:22' )2575(66 1&/ WK 5$/0$ *2/'(1 )25781( 9* WK 5$/0$ 18**(7 *2/',( 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK <(1'25$ -$48( 3,21((5 (; /HYHQVSURGXFWLH OLIHWLPH NJ

$ / + 7$1<$

1/

*HQRPLFV 86 0 ) 3 *73,

06 :HOFRPH &ROE\ 7D\D

6ROLG *ROG &ROE\

$ / + *HQHWLFV %9 'DPPHODDQ *6 '$0:28'( +ROODQG

*OHQQ $QQ 3$/(502 6ROLG *ROG &2/%< 06 :(/&20( &2/%< 7$<$

*LOOHWWH %5,/($ ) % ,

\ 9* (9999 G NJ I S ,QGH[ 86 0 ) 3 *73,

Â&#x2021; RXWFURVV SHGLJUHH Â&#x2021; KRJH SURGXFWLH KLJK SURGXFWLRQ # :HOFRPH )DUP Â&#x2021; YHOH ]RQHQ QDDU GH ., VHYHUDO VRQV LQ $, Â&#x2021; *73, 3DOHUPR [ &ROE\ [ )%, [ %ROLYHU

&/($5 (&+2 )%, (; (9(9( G NJ I S G NJ I S

Â&#x2021; YROOH EURHU IXOO EURWKHU &OHDU (FKR $OWD 7ULDQJOH (7 # $OWD

&/($5 (&+2 %2/ (; (((9( G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

9ROJHQGH PRHGHU QH[W GDP WK &/($5 (&+2 $'', 7+($ 9* WK &/($5 (&+2 0$77 7+($ *3 WK &/($5 $&+2 /$.( 7+($ (; WK &$(51$5921 7+25 6+($ (; WK &$%,1 581 0$5. 67$5 9* WK *$< 5,'*( 63,5,7 67$&(< 9*

%((=( +(-$ &$/,1.$ 5('

1/

*HQRPLFV 86 0 ) 3 *73,

:LW &DOLQND 5HG

&KDULWL 5HG

0 YDQ GHU .DPS 'H %HVH 3' '$/)6(1 +ROODQG

+XQVEHUJHU $/&+(0< /DGLQR 3DUN 7$/(17 5& :,7 &$/,1.$ 5('

672// 5HG

\ 9*

/D G NJ I S +/ G NJ I S

Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $, Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU &KDULWL 5HG Â&#x2021; KDOI]XVWHU YDQ GH IRNVWLHU PDWHUQDO VLVWHU SURYHQ EXOO 6HUDQR 5HG Â&#x2021; ]HHU YURHJH YHU\ HDUO\ 5(' $OFKHP\

:,7 &+(55< 9*

G NJ I S G NJ I S G NJ I S G NJ I S

++* &+5,66, 9*

+/ G NJ I S /$ G NJ I S

9ROJHQGH PRHGHUV QH[W GDPV WK &+5,67,1$ 9* WK 1(+/6 9$//(< 1(' &+5,67,1$ 5(' (;

(;3/2'( /( )/(85

'(

*HQRPLFV 86 0 ) 3 *73,

/H )OHXU

/\OHKDYHQ /LOD =

+HOOPXWK *E5 )UDQNHQEHUJHUVWUDVVH +$,1$ 'XLWVODQG

:DEDVK :D\ (;3/2'( (QVHQDGD 7DERR 3/$1(7 /( )/(85

3LFVWRQ 6+277/(

\ 9*

G NJ I S // LQF ,QGH[ '( 0 ) 3 5=* *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; ]RQHQ QDDU VRQV WR 6HPH[

(;3/2'( /( )/(85 Â&#x2021; *73, ([SORGH [ 3ODQHW

&$/%5(77 6+277/( /($ (; ((((9 G NJ I S

Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR &DOEUHWW 6KRWWOH /DXUD 9* JURRWPRHGHU YDQ JUDQGGDP RI 9HOGWKXLV /HW LW 6QRZ Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU WR &RPHVWDU *ROGZ\Q /LODF 9* PRHGHU YDQ GDP RI *HQHUYDWLRQV /H[RU

/</(+$9(1 '85+$0 /,/$ = 79 (;

G NJ I S G NJ I S G NJ I S

Â&#x2021; $OO &DQDGLDQ -U \U -U <5 Â&#x2021; +0 $OO &DQDGLDQ \U Â&#x2021; VW -U \U 5R\DO Â&#x2021; 5HVHUYH *UDQG RQ 6XPPHU Â&#x2021; ,QWHUQDWLRQDO &KDPSLRQ 4XHEHF 6SULQJ Â&#x2021; 5HVHUYH *UDQG $WODQWLF 6SULQJ Â&#x2021; UG \U 2OG 5R\DO Â&#x2021; VW \U RQ 6XPPHU Â&#x2021; VW \U $WODQWLF 6SULQJ

9ROJHQGH PRHGHUV QH[W GDPV WK /</(+$9(1 )250$7,21 /$85$ (; WK 7+,(56$17 /,//< 67$5%8&. (; WK ,9<+$// $6752 -(7 521,( 9*

9(1'$,5< /,/$&

1/

*HQRPLFV 86 0 ) 3 *73,

Lila

&RPHVWDU *ROGZ\Q /LODF

Comestar Goldwyn Lilac

/LOD

- / : 0 YDQ GH 9HQ 9LQNHOVHVWUDDW ./ 9,1.(/ +ROODQG

)OHYR *HQHWLFV 612:0$1 (PHUDOG $FUHV %$;7(5 9(1'$,5< /,/$&

%UHDGDOH *2/':<1

\ 9*

G NJ I S SURM ,QGH[ 1/ NJ ) ) 3 ,QHW *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; 6QRZPDQ ]RQHQ ELM GH ., 6QRZPDQ VRQV LQ $, Â&#x2021; YROOH ]XVWHU YDQ IXOO VLVWHU WR /LOD \ 9*

9(1'$,5< /,/$& Â&#x2021; VXSHU 6QRZPDQ GRFKWHU YHU\ QLFH 6QRZPDQ GDXJKWHU Â&#x2021; RSHQ DQG UHDG\ WR IOXVK

&20(67$5 *2/':<1 /,/$& 9*

G NJ I S G NJ I S

Â&#x2021; ZLQQDDU ZLQQHU +ROVWHLQ :RUOG 0\ IDYRULWH *ROGZ\Q FRQWHVW Â&#x2021; PRHGHU YDQ GDP RI *HQHUYDWLRQV /H[RU *HQHUYDWLRQV /DWLPHU

/</(+$9(1 '85+$0 /,/$ = 79 (;

G NJ I S G NJ I S

Â&#x2021; $OO &DQDGLDQ -U \U -U <5 Â&#x2021; +0 $OO &DQDGLDQ \U Â&#x2021; VW -U \U 5R\DO Â&#x2021; 5HVHUYH *UDQG RQ 6XPPHU Â&#x2021; ,QWHUQDWLRQDO &KDPSLRQ 4XHEHF 6SULQJ Â&#x2021; 5HVHUYH *UDQG $WODQWLF 6SULQJ Â&#x2021; UG \U 2OG 5R\DO Â&#x2021; VW \U RQ 6XPPHU Â&#x2021; VW \U $WODQWLF 6SULQJ

9ROJHQGH PRHGHUV QH[W GDPV WK /</(+$9(1 )250$7,21 /$85$ (; WK 7+,(56$17 /,//< 67$5%8&. (; WK ,9<+$// $6752 -(7 521,( 9*

((567( .(86 ),567 &+2,&( *HERUHQ ERUQ RNWREHU NRHNDOYHUHQ KHLIHUFDOIV *HQRPLFV EHVFKLNEDDU DYDLODEOH 'HFHPEHU

MS Ariel Bolton Arayna

06 $ULHO *ROGZ\Q $ULHO

MS Atlees Goldwyn Ariel

0WV *LMPLQN -RK 3RVWVWUDDW $$ 1,(8:/$1'( +ROODQG

/DG\V 0DQRU 6+$052&.

6DQG\ 9DOOH\ %2/721 06 $5,(/ %2/721 $5$<1$

$INDOYHQ GXH -DQDXU\ *HQRPLFV 86 0 ) 3 *73,

Â&#x2021; VXSHU %ROWRQ GRFKWHU XLW $ULHO JUHDW %ROWRQ GDXJKWHU RXW RI $ULHO Â&#x2021; JDUDQWLH 9* DOV YDDUV JXDUDQWHH 9* DV \U ROG

((567( .(86 ),567 &+2,&( 6KDPURFN [ $UD\QD *HERUHQ ERUQ

%UDHGDOH *2/':<1 06 $7/((6 *2/':<1 $5,(/ (; ((((( G NJ I S G NJ I S

Â&#x2021; YROOH ]XVWHU YDQ $WZRRG QU 37$7 IRNVWLHU IXOO VLVWHU WR $WZRRG QR 37$7 SURYHQ EXOO Â&#x2021; KDOI]XVWHU YDQ PDWHUQDO VLVWHU RI $IWHUVKRFN Â&#x2021; LQJHVFKUHYHQ PHW GH PD[LPDOH VFRUH YDQ SXQWHQ FODVVLILHG ZLWK WKH PD[LPXP VFRUH RI (; Â&#x2021; QG -U \ 2OG &RZ :RUOG 'DLU\ ([SR Â&#x2021; 5HVHUYH $OO $PHULFDQ -U \ 2OG &RZ

0' '(/,*+7 '85+$0 $7/(( 7/ 79 (; ((((( G NJ I S G NJ I S

Â&#x2021; $OO $PHULFDQ 6U \ &RZ Â&#x2021; V ,QWHUQDWLRQDO 6U \ &RZ Â&#x2021; 5HVHUYH ,QWHUPHGLDWH &KDPSLRQ

9ROJHQGH PRHGHUV QH[W GDPV WK 0' '(/,*+7 67250 $0%(5/(( \ 9* WK 06 .,1*67($' &+,() $'((1 %/ (7 (; WK & $,7.(1%5($ 67$5%8&. $'$ (;

$ / + 5,9,(5$

1/

*HQRPLFV 86 0 ) 3 *73,

'HHUYXH $FUHV 5DYHQ

$ / + 5LYLHUD

$ / + *HQHWLFV %9 'DPPHODDQ *6 '$0:28'( +ROODQG

(QG 5RDG %($&21 *ROGHQ 2DNV $/(;$1'(5 '((598( $&5(6 5(9/21

(QG 5RDG %2/,9(5

\ 9* 9 *9 G NJ I S ,QHG[ 86 0 ) 3 *73,

Â&#x2021; ]RQHQ ELM GH ., VRQV LQ $,

$ / + 5,9,(5$ Â&#x2021; .DPSLRHQ RXGHUH NDOYHUHQ &KDPSLRQ ROGHU KHLIHUV 9HHNHXULQJ 1RRUG )ULHVODQG :DOWHUVZDOG )U\VOkQ 6KRZ 2HQNHUN

Â&#x2021; 5LYLHUD ZRUGW YHUNRFKW PHW VHOOV ZLWK =DQL %ROWRQ 0DVFDOHVH HPEU\RV &R RS %RVVLGH 0DVVH\ HPEU\RV

'((598( $&5(6 5$9(1 (; (999( G NJ I S G NJ I S

Â&#x2021; PHHUGHUH ]RQHQ IRNVWLHU VHYHUDO VRQV LQ DFWLYH $, 'HHUYXH $FUHV 5LFKPRQG 'HHUYXH $FUHV $OWD 5LYHUD 'HHUYXH $FUHV 5XPEOH

'((598( $&5(6 2876,'( 52%<1 9* 99( 9 G NJ I S G NJ I S G NJ I S /HYHQVSURGXFWLH OLIHWLPH NJ

9ROJHQGH PRHGHU QH[W GDP WK '((598( $&5(6 58'2/3+ 2/,9,$ 9* /HYHQVSURGXFWLH OLIHWLPH NJ WK 6&+$()(5 6,021 2/,9,$ 9* WK -219$/( 7 7 2//,( (; WK -219$/( 7$&.0$1 2//,( 9* WK -219$/( =,00(50$1 $/67$5 2//,( 9*

Stier informatie / Bull information NAME/ NAME Aggravation Lawn Boy Red Ameghetti Numero Uno Apina Alta Embassy Arron Doon West Port Magna P Bertaiola Mincio Big Winner Bomax Marion Emerald Bosside Alta Ross Braedale Goldwyn Burnstyn Red Coop O Style Coppertop Doberman Crackholm Fever Danillo De Su Bookem Emerald ACR SA T Baxter End Road Beacon England Ammon Million Ensenada Taboo Planet Erbacres Damion Flevo Genetics Snowman Genervations Epic Genervations Lexor Gen I Beq Brawler Gillette Jordan Glenn Ann Palermo Goldday Golden Oaks Alexander Goldsun Het Broek Silver Hunsberger Alchemy Hurtgen Vue Reality Red JKR BW Marshall Billion Ked outside Jeeves KHW Acme RC Ladino Park Talent RC Ladys Manor Shamrock Long Langs O Man O Man Maple Downs I G W Atwood Mountfield SSI DCY Mogul Mr Chassity Gold Chip Mr Regelcreek Shot Al Picston Shottle Pine Tree Sid Ralma O Man CF Cricket Regancrest HHF Mac Regancrest Iota Regancrest Mr Sam Ronelee Domain Roumare Roylane Jordan Sandy Valley Bolton Santana Shema Jeeves Cameron Schillview Gerard Scientific Destry RC Scientific Dusk RC Snowfall Solid Gold Colby Sully Hart Meridian Va Early Dawn Sudan Cri Velvet View KJ Socrates Wabash Way Explode Willsbro Larson Windy Knoll View Pronto West Port Arron Doon Mitey P Zani Bolton Mascalese

PEDIGREE Manfred x Aerostar Man O Man x Shottle Freddie x Planet Bolton x September Storm Bolton x Iron Win 395 x Lucky Leo Marion x Lynch O Man x Ruben James x Storm Mr Burns x Rubens O Man x Rudolph Teamster Shottle x Granger Goldwyn x Blitz Goldwyn x Durham Planet x Ramos Blitz x Mtoto Shottle x BW Marshall Outside x BW Marshall Taboo x Amel Durham x Encore O Man x BW Marshall Superstition x Baxter Man O Man x Goldwyn Baxter Shottle Goldwyn x Durham Goldwyn x Rudolph Goldwyn x O Man Stormatic x Patron Goldwyn x CB Allen Mascol x Jocko Besne Destry x Shottle September Storm x Renaissance BW Marshall x Duster Outside x Duster Talent x Durham Storm x Leader Planet x Shottle O Man x Aaron Goldwyn x Durham Dorcy x Marsh Goldwyn x Shottle Shottle x Goldwyn Mtoto x Aerostar Mr Sam x Finley O Man Durham BW Marshall x Rudolph O Man x Ito Durham x Emory Toystory Outside Jocko Besn x Gibbon Juror x Aerostar Hershel x Convincer Zidane x Gentry Jeeves x Pontiac O Man x Marshal Goldwyn x Durham September x Durham Snowman x Mac Outside x Rudolph Domain x Planet Jammer x Sailor Blitz x Prelude Bolton x Shottle Mr Burns x Goldwyn Outside x Rudolph Goldwyn x September Storm Bolton x O Man

US US US CA IT NL US US CA NL US US CA NL US US US US US US NL CA CA CA CA US DE US IT NL US US US US US CA US US US US US US UK CA NL US US US US FR US US NL US US US US US US US US US US US US CA IT

MILK 16 1196 1903 1112 984 116 723 498 311 1159 1754 594 675 863 1389 1721 1201 441 2295 -508 2757 2219 1943 1307 1063 408 986 459 94 1309 997 -388 668 267 14 -61 2155 1541 101 1354 858 327 573 557 854 103 900 -41 1440 49 -261 1974 592 1205 1227 -476 29 787 460 2145 1304 1112 1759 1652 705 267 1902

FAT PROT -7 17 96 53 79 49 55 37 56 36 38 18 95 48 42 29 48 27 34 40 34 47 62 39 59 21 41 31 48 53 64 26 45 36 52 13 72 67 -56 0 83 72 64 72 96 96 67 55 54 38 41 26 21 41 70 13 9 14 11 35 36 45 57 3 -3 31 27 11 28 17 -28 7 72 57 87 79 39 11 76 48 42 20 42 25 19 13 29 18 4 23 12 2 68 43 21 3 38 38 38 39 -7 -11 74 52 11 25 53 28 40 53 -3 9 30 10 29 24 24 5 56 62 82 52 53 16 50 48 57 60 18 14 65 28 75 67

TOTAL TPI 1791 TPI 2587 TPI 2438 LPI 1682 PFT 2474 INET 170 TPI 2069 TPI 2047 LPI 1987 INET 240 TPI 2199 TPI 2102 LPI 2337 INET 219 TPI 2265 TPI 1897 TPI 1918 TPI 1625 TPI 2178 TPI 1546 INET 460 LPI 2917 LPI 3297 LPI 2638 LPI 2086 TPI 1987 RZM 118 TPI 1776 PFT 2348 INET 160 TPI 2239 TPI 1849 TPI 1764 TPI 1913 TPI 1904 LPI 175 TPI 2405 TPI 2314 TPI 1911 TPI 2459 TPI 2196 TPI 1983 PIN 22 LPI 1308 INET 98 TPI 1844 TPI 2178 TPI 1502 TPI 2244 ISU 174 TPI 1395 TPI 2027 INET 131 TPI 2344 TPI 1997 TPI 1896 TPI 1687 TPI 2260 TPI 1905 TPI 2440 TPI 2107 TPI 1748 TPI 2184 TPI 2037 TPI 1812 LPI 1562 PFT 2891

TYPE PTAT PTAT PTAT CF EXT TOT PTAT PTAT CF TOT PTAT PTAT CF TOT PTAT PTAT PTAT PTAT PTAT PTAT TOT CF CF CF CF PTAT RZG PTAT EXT TOT PTAT PTAT PTAT PTAT PTAT CF PTAT PTAT PTAT PTAT PTAT PTAT EXT CF TOT PTAT PTAT PTAT PTAT EXT PTAT PTAT TOT PTAT PTAT PTAT PTAT PTAT PTAT PTAT PTAT PTAT PTAT PTAT PTAT CF EXT

1.18 3.17 2.67 7 3.31 107 1.58 1.48 12 109 1.39 1.96 16 115 2.77 1.95 1.87 1.58 2.10 3.20 111 13 11 13 13 2.90 138 2.26 4.00 108 3.14 2.27 1.01 1.48 2.78 10 3.20 2.00 4.16 3.12 4.04 2.55 2.34 17 110 1.96 2.31 1.49 3.22 2.60 2.07 2.57 104 3.53 2.02 2.96 2.82 3.36 1.92 4.30 1.75 0.84 3.32 3.42 2.01 5 3.01

Veiling voorwaarden / Conditions of Sale Artikel 1 ALGEMEEN 1.1. Deze veilingvoorwaarden zijn van toepassing op alle overeenkomsten en/of rechtsbetrekkingen die tussen A.L.H. Genetics B.V. en de deelnemers van de Tulip Sale. A.L.H. Genetics B.V. (hierna de organisator) biedt potentiële verkopers en kopers (zijnde de deelnemers) de mogelijkheid om onder de in deze veilingvoorwaarden gestelde voorwaarden koopovereenkomsten aan te gaan. Afwijkingen en aanvullingen van deze veilingvoorwaarden zijn slechts geldig indien deze uitdrukkelijk en schriftelijk tussen de organisator en deelnemers zijn overeengekomen.

1.2. Door het bieden op een dier aanvaardt de koper de toepassing van deze voorwaarden en wordt deze koper/bieder geacht kennis te hebben genomen van deze voorwaarden.

1.3. De overeenkomsten tussen de organisator en deelnemer worden beheerst door Nederlands recht. Toepasselijkheid van het Weens Koopverdrag 1980 is uitgesloten.

Artikel 2 AANBIEDEN VAN DIEREN 2.1. De verkoper is gehouden om het aangeboden dier tijdig voor de veiling te (laten) testen en alle dieren zijn negatief getest op IBR Ge Elisa en BVD virus. Alle dieren zijn Lepto vrij gecertificeerd. Alle dieren zijn vrij van Blad, Brachyspina en CVM tenzij dit anders staat vermeld op de veiling updateen/of in de catalogus.

2.2. De verkoper dient ervoor zorg te dragen dat alle dieren geschikt zijn voor export volgens de EU richtlijnen.

Artikel 3 DE VEILING 3.1. De veiling vindt plaats bij opbod. Iedere bieder is aan zijn bod gebonden, totdat een hoger bod is geaccepteerd. Bij het opbieden dienen de bedragen te worden verhoogd met tenminste 100 Euro per bod.

3.2. Indien de veilingmeester zich vergist, heeft hij het recht om de vergissing te herstellen.

3.3. Het risico van het dier gaat over na de toewijzing van de veilingmeester van de verkoper naar de koper. Het risico van het dier gaat na gunning over op de koper, waaronder mede begrepen, maar niet beperkt, de schade veroorzaakt door het dier. Het eigendom van de dieren gaat pas over op het moment van levering en/of volledige betaling van de koopsom.

3.4. De dieren staan gestald en worden gehouden op (eigen)risico van de verkoper en na gunning van de koper. De verkoper/koper dienen daarom zelf mogelijke verlies en/of aansprakelijkheden te verzekeren.

3.5. Om de veiling vlot te laten verlopen wordt er gewerkt met koopnummers welke voor en tijdens de veiling verkrijgbaar zijn. Op het moment van afhalen van het koopnummer worden alle benodigde gegevens van de koper vastgelegd en de koper is verplicht de verzochte gegevens te verschaffen.

3.6. De organisator en de uitgever zijn niet aansprakelijk voor (druk)fouten in de catalogus.

3.7. De organisator en de eigenaar van de veilingfaciliteiten zijn niet aansprakelijk voor schade die voor, tijdens en/of na de veiling is veroorzaakt bij personen, goederen, dieren en/of machines, tenzij deze schade is ontstaan door opzet of grove schuld van de organisator en/of de veilingfaciliteit.

3.8. Wanneer dieren drachtig worden gegarandeerd staat dit in de catalogus of in de update vermeld. Reclames daaromtrent (en alle andere reclames) dienen binnen 6 weken na de veiling, onder overlegging van een veterinaire verklaring, schriftelijk bij de organisator te worden gemeld. Alle kosten die na aflevering op dit dier zijn gemaakt zijn voor rekening van de koper. De verkoper en/of organisator kan nimmer aansprakelijk worden gesteld voor vervolgschade.

Artikel 4 BETALING EN KOSTEN 4.1. De geboden prijs is exclusief de verschuldigde provisie voor de veiling, kosten voor transport en inclusief BTW. De provisie ten laste van de koper bedraagt 8% van de geboden prijs.

4.2. Voor de betaling geeft de koper opdracht en onherroepelijke toestemming voor automatische incasso door de organisator, echter het verkochte dier blijft in eigendom van de verkoper totdat het volledige bedrag inclusief alle kosten op de rekening van de organisator zijn bijgeschreven.

4.3. Indien koper de verschuldigde bedragen niet tijdig betaalt, is koper, zonder dat enige aanmaning of ingebrekestelling nodig is, over het openstaande bedrag contractuele rente van 1% per maand verschuldigd. Indien koper na aanmaning of ingebrekestelling nalatig blijft de vordering te voldoen, kan de organisator de vordering uit handen geven, in welk geval koper naast het dan verschuldigde totale bedrag tevens gehouden is tot vergoeding van alle gerechtelijke en buitengerechtelijke kosten, waaronder kosten berekend door externe deskundigen naast de in rechte vastgestelde kosten.

4.4. Kopers van eerste keus nog niet geboren vaarskalveren dienen, direct na de veiling, 25% van de verkoopprijs vermeerderd met de kosten over de gehele verkoopprijs te betalen. Wanneer het laatste geboren kalf 3 maanden oud is en de genomics uitslagen bekend zijn dient de koper de keus te maken, het restant van de verkoopprijs van 75% te voldoen en het kalf af te halen.

Mocht er uit deze combinatie geen koekalveren worden geboren dan kan de verkoper in overleg met de koper een vervangend kalf aanbieden. Indien de koper hiermee niet akkoord kan gaan krijgt hij de 25% van de aanbetaling terugbetaald. Indien de kalveren op de dag van de veiling al zijn geboren dient de koper het volledige bedrag te voldoen.

Artikel 5 VERVOER EN STALLING 5.1. De dieren gaan na de veiling retour naar het bedrijf van herkomst. De koper geeft direct na de veiling door waar de dieren na 21 dagen geleverd dienen te worden De levering aan de koper zal daarom geschieden vanaf het bedrijf van herkomst en kan op verzoek voor rekening en risico van koper worden verzorgd door de organisator voor euro 75,- per dier. Deze regeling geldt alleen als de dieren worden verkocht en geleverd binnen Nederland.

Dit bedrag wordt op de factuur in rekening gebracht.

Kopers waarvan dieren geëxporteerd dienen te worden dienen dit direct na de veiling kenbaar te maken aan de veilingorganisatie. De export kan via bemiddeling van de organisator worden geregeld. Het vervoer en export klaarmaken is op kosten en risico van de koper.

Article 1 GENERAL 1.1. These terms of auction are applicable to all agreements and/or legal relationships between A.L.H. Genetics B.V. and the participants in the Tulip Sale.

A.L.H. Genetics B.V. (hereinafter referred to as the organiser) offers potential sellers and buyers (i.e. the participants) the possibility of entering into purchase agreements under these terms of auction. Deviations from and additions to these terms of auction will only be valid if expressly agreed upon by the organiser and participants in writing.

1.2. Bidding on an animal constitutes acceptance of these terms by the buyer/bidder and implies that the buyer/bidder has taken cognizance of these terms.

1.3. Any agreements between the organiser and the participant will be governed

by Dutch law. The Vienna Sales Convention of 1980 is excluded.

Article 2 OFFERING OF ANIMALS 2.1. The seller is obliged to test the animal (or have the animal tested) in a timely fashion prior to the auction and all auctioned animals must have tested negative for Infectious Bovine Rhinotracheitis (IBR) Ge Elisa and the Bovine Viral Diarrhoea (BVD) virus. All animals must be certified free of leptospirosis. All animals must be free of Bovine Leukocyte Adhesion Deficiency (BLAD), Complex Vertebral Malformation (CVM) and Brachyspina (BY), unless stated otherwise in the auction update and/or catalogue.

2.2. The seller must ensure that all animals have clearance for exportation under the EU guidelines.

Article 3 THE AUCTION 3.1. The auction will be an open ascending-price auction. Every bidder is bound to his bid until a higher bid is accepted. Bids must increment by a minimum of 100 Euros.

3.2. If the auctioneer makes a mistake, he is entitled to correct his mistake.

3.3. Liability for the animal is transferred from the seller to the buyer after the auctioneer has allocated the winning bid. Liability for the animal is transferred to the buyer upon allocation of the winning bid, which includes, but does not exclusively comprise liability for, damage caused by the animal.

Property of the animal is only transferred at the moment of delivery and/or full payment of the purchase price.

3.4. Animals will be stabled and kept under the seller’s liability and under the buyer’s liability after allocation of the winning bid. The seller/buyer must therefore take out appropriate insurance to cover possible loss and/or liability.

3.5. In order to ensure smooth auction proceedings, the auction uses bidder numbers, which can be obtained both prior and during the auction. When picking up the bidder number, all required buyer details will be recorded, which the buyer will be obliged to provide.

3.6. The organiser and the publisher cannot be held liable for (printing) errors in the catalogue. 3.7. The organiser and the owner of the auction facilities cannot be held liable for damage caused to persons, goods, animals and/or machines prior to, during and/or after the auction, unless this damage is the result of intent or gross negligence on the part of the organiser and/or auction facility.

3.8. When animals are guaranteed to be in-calf, this will be stated in the catalogue or in the update. Any related claims (as well as other claims) must be lodged to the organiser in writing within 6 weeks after the auction, accompanied by a veterinary certificate. All costs on this animal incurred after delivery will be due by the buyer. The seller and/or organiser can never be held liable for consequential damage.

Article 4 PAYMENT AND COSTS 4.1. The bidding price is exclusive of the commission payable for the auction and transportation costs and inclusive of VAT. The commission payable by the buyer amounts to 8% of the bidding price.

4.2. In order to effect payment, the buyer will order and irrevocably consent to a direct debit to the organiser, albeit that the sold animal will remain the property of the seller until the full amount, including all costs, has been credited to the organiser’s account.

4.3. If the buyer fails to pay the payable amounts on time, the buyer will be liable to pay 1% contractual monthly interest on the outstanding amount, without any warning notice or proof of default being required. If the buyer continues to fail to settle the claim after a warning notice or proof of default, the organiser may pass the claim on to a third party, in which case the buyer will, on top of the payable total amount, also be liable to pay all judicial and extrajudicial expenses, including fees charged by external experts on top of costs allocated in court.

4.4. Buyers of a first-choice of yet unborn heifers are required to pay 25% of the purchase price plus costs on the full purchase price, immediately after the auction. When the last-born calf is 3 months old and genomics results are available, the buyer will have to make his choice, pay the remaining 75% of the purchase price and collect the calf. In case no heifers are born from this combination, the seller can, in consultation with the buyer, offer an alternative calf. If the buyer does not agree to the alternative, the 25% down payment will be refunded to him. If the calves have already been born by the day of the auction, the buyer must pay the full amount.

Article 5 TRANSPORTATION AND HOUSING 5.1. After the auction, the animals will be returned to the farm of origin.

Immediately after the auction, the buyer will submit details regarding where the animals are to be delivered after 21 days. Delivery to the buyer will therefore happen from the farm of origin and can, on the request and under the liability of the buyer, be taken care of by the organiser for a fee of 75 Euros per animal. This arrangement is only available if the animals are sold and delivered within the Netherlands. The amount will be charged on the invoice.

Buyers who require exportation of animals must report this to the auction organisation immediately after the auction. The organiser can mediate in arranging exportation. The cost for testing and paperwork are for the buyer.

The buyer will bear the costs and liability of transportation.

Index inzenders / Consigners EIGENAAR / OWNER

WOONPLAATS / TOWN

A.L.H. Genetics BV Benthem, H. Boogaard, R. Broekhuis, H. Colonia Cows De Rith Holsteins Duckett & Armbrust& Andresen Feenstra - Sangers, Mts. Flevo Genetics Flevo Genetics / Visstein Holsteins Gaast, H. van der Gijmink, Mts. Groot, M. de Haan, Mts. Hellmuth GbR Hintze, Jurgen Holmer, Mts. Holstein Forum Partners Jonkers, Mts. Kamp, M. van der Koepon Koster, G. Kuijer, P.A.M. Kuipers, Mts. Mid West Syndicate USA Nielsen, Jan Reinermann, Fa. Reurslag, Mts. Schep Holsteins Friesland Schep Holsteins Holland Scholten, A.J. Soelen, J. van Sommers, Mts. Uineken, Mts. Ven, J.L.W.M. van de Veneklaas Slots, Fa. Wijnker, J. WWS Germany Zeedieker Holsteins Zwambag, W.

Damwoude Ens Oosterend Albergen Lohmar (DE) Breda Böklund (DE) Kollum Urk Urk Ijlst Nieuwlande Tienhoven Hemrik Haina (DE) Trebel (DE) Laren Laer (DE) Dwingeloo Dalfsen Feerwerd Koekange Soest It Heidenskip Damwoude LØgstØr (DK) Gehrde (DE) Laren Boyl Bergambacht Nieuw Roden Nieuw en St Joosland Elsendorp Dalen Vinkel Zeyerveld Avenhorn Altenberge (DE) Genemuiden De Hoeve

7, 45, 56, 58, 63 22 23, 37, 57 16, 17, 33, 55 4 43, 52 1 5 49 54 25, 39 30, 62 50 34 60 32 3, 38 21 44 59 10, 11 2 12 19, 41 31 20 24, 53 9 15 51 8 36 48 27, 46 6, 18, 35, 61 47 14 28, 40, 42 13, 29 26

INTERNATIONAL MARKETING HOLSTEIN GENETICS WE DELIVER: EMBRYOS | AI BULLS | LIVESTOCK

H O L L A N D

S P A I N

H O L L A N D

Danillo

G E R M A N Y

Duplex

Royal Planet Behappy 2y VG-87

G E R M A N Y

H O L L A N D Jotan

H O L L A N D

Goldday

Candlelight P Red 2y VG-86

G.N Altitude Red VG-88

ALH EU embryo centre

world wide

livestock sales

transport ALH housing facility

O P X E

24

T R

IM P O R T

Adolf Langhout has more than 24 years experience in selecting and exporting embryos & livestock! If you want to invest in breeding, A.L.H.Genetics is your best choice! Full Service: delivering embryos and livestock to their final destination.

Check our website and contact A.L.H.Genetics today: tel. (+31) 511-424243

IV E S T O C K

years L

S O Y R B M E

experience

W W W. A L H - G E N E T I C S . N L

DAMMELAAN 31 | 9104 GS DAMWOUDE | THE NETHERLANDS | TEL.: +31 (0) 511-424243 FA X : + 3 1 ( 0 ) 5 1 1 - 4 2 3 5 2 5 | I N F O @ A L H - G E N E T I C S . N L | W W W. E M B RY O S A L E . C O M