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Phân tích báo cáo tài chính Công ty Cổ phần bột giặt Lix

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

 !
"#$%&#!'(
#)(*+,-".#/#0#1
20#34#/#35678
,380#",9%:;;,380#",91
<3566,$#6$#(0#
-'0#=%>=,
'0#?@8
#"2*,)5*AB,;
BC95*=#0#6<#!%D#$B
8.32835/*E,+
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,3*,8.,8;"6#"%
:(#,#+J=,E,+'0#K.#
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&3@"='0#
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8.,+#6#,(#4*,
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*832
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R>NST&UVWX&SYV:ZH[G\]G^_DN`a& b
K6$*0#8*;#0#6P0#1,(#
==,c*,3P
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*J(*A6e*,E#@%
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'=H'"H/+gh<
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14"J"*+$2%
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− &.-#26O1#@Pn.0#,!,(=
%
− &.-#=P8E'"0#
%
− N8.26O.-#*8
!,(L)E#".=%:(<#!*+6$*=
#0#67$0#6<#!E'"%
 !"#$!
% 
N@8#.-#EH'"/+gh<
&'#$!
− QE*('T&.-#EH'"/+gh<%
− QE*(5T&.-#lA*opbb,A*opbq
− QE*(+#T:(@8#.-#8P
EH'"/+gh<%
'(")"
− T6O8^r8r%
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& o
− Th32,367,;=<71
6$#,c#@,;,38@<m,('
")*32$.s32=332=6
6=<#34=2!#32E8l32
t#%

• Th32,$#K.#3
,c,33 *++#*+!32P,;<,9
<#34*-,+,+K.#,%:="32!
8=,;@32668=/
0#=*,!,(6#,="T
+ TK.#$,3J*A-66%
 R76$#l(#A*834,;,<#34K.#

 R76$#8#,;,6P+(E,+
64*-8#.%
 R76$E6$P,;,,E*
.#8A*%
+ T
 HK.#= +# 32
,29,353#%
 N#=r#j*P,c%
+  !"#$%&#T
 N8"E66*<,9*-,+#"
,$32,$lK.#80#g(#0#
,<,9<#34K.#%>@"*+E66;8f
,+K.#"#$!#.,+,%
 N8"r0#*'#466"*+K.#8.
,3J*0#"*'#,%r0#*'
#?,!#8?K.#O%
 NK.#EK6$TD+K6$,3<="P"#$!#
.K6$*$.*1I%4#".B
K6$8.=;<="PK.#= 4,g,;*E
,+%HK6$L'M8'P,%
• '(#)**+'(,-Th66
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& q

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'K8E*832%}#"
*'6;A(*P0#"*'%>@"=
0#,+2!#6'"6d*+0#
(P8EŒ3,+#)P'"%
&6$#!"6P,+6A.0#qA*%H
;#A*opbb896'"\p‡•q|qbbb\{,),
A*opbo896EA.]p]•]•]q{|q,)32-A
bo%\qŠ.\]•qb]p‡]p\b,)%:="6P,+4640#"*''
"%>,A*opbq896EA.•\qq|b]q\‡‡,)32-
Ab‡%o‡Š64 A*opbo,3 89 6  ' " .6$
]qb‡]\ob{]p•,)%&3@"-†0#"*'($A0#"*'6<#!
6P*O8+A*opbbA*opbo%RP
",,9#,+6BE6E36#T
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& bp
2S%%W2S"mn(o!FQGLS
*p $qL
r$&s%% r$&s%& r$&s%t &s%&u&s%% &s%tu&s%&
L v L v L v wux v wux v
% & t y z { { | } ~ %s %%

v 5Ud.•+6 %ss &~|€t~&€z%y€}y% |t%& t&y€t}y€{t{€ss| |s~t tz}€zyt€~~t€y}% {|yy &{€~~&€%&%€%{{ ~s} q\b]|q]•\•\ bp%]q
^
!)JS(
(
%%s }z€s{&€zzy€{s& op%|b }y€&}t€{sz€y|y b{%\q •q|\•po\p‡‡ %t~% i••{|\|bo{k ip%|ok ibpqq‡]{b\p{k ibo%o‡k
b N( bbb bqp‡o]]\‡po q%ob qpq{q‡p]\•\ ‡%‡\ op\\•po\p‡‡ t}z b•qobp]p{•o bqo%‡p i||q‡]{b\p{k iqo%•pk
o
H    32  ,32
(
bbo •oppppppppp b•%•p ]q|pppppppp bb%•| ]q]pppppppp %ss{ ib{bppppppppk io]%b\k i\ppppppppk ip%•\k
^^
*)  JS  E    
n•#
%&s opppppppppp t|{
b :/#3BE bob opppppppppp t|{
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#
%ts }t€yzt€}ty€%}% op%]o %s{€y{t€|}s€y%% oq%o{ bqp‡o\{p{{p| &yz| oqpp||\‡oqp o•%]• o\b‡bpo{q|{ oo%‡|
b Q#
bqb •b‡•‡]o]o‡{ b•%‡o |q|\\\{{]oq op%]\ bp•||qb\o••\ &st% ooo‡•|‡qo]] qb%p• b\p\{‡]\o]b b\%|]
o N883435
bqo |{‡]q|ob]\ o%\q bbb\b]oo]{] o%\\ obq•{\]\‡]b ys& bo•‡bqp\qb bo%|\ bpoq‡|qop‡‡ |b%{{
q H#
bq] b|bb|b‡•]| p%\• bq•••‡|qpq p%qp bo]qobbq{\ s&y i]q\b\•\]‡k io•%|\k ibo\]]•|b|k i|%p\k
^> +VJ
%ys %%z€tty€|{t€}|t o{%q‡ %&t€{~y€{&t€s&y o•%p] boo{\bo]b••‡ &t%% {q]|{]|b]b •%o] i{]qq•bo\{k ip%‡|k
b S)
b\b bb]qq\•‡q{•q o{%q‡ boq‡|\‡oqpo\ o•%p] boo{\bo]b••‡ &t%% {q]|{]|b]b •%o] i{]qq•bo\{k ip%‡|k
> LS•#J)

%zs %t€zy%€t{&€%}z q%qq ~€~y&€{&|€s~} o%b• bbbqp|p{{qp &s~ iq]|{•q]p{•k io‡%]{k bb{{o{b•qo bb%|]
b H8834BE
b]b •qp‡•pb]• p%b{ bo|•‡{ppp p%pq ||qo‡\]o ss& i‡pp|pob]•k i{o%o\k iqp\\b]\{k ioq%\‡k
o N#UNUN,3!#8l
b]o bo‡qp]bopo{ q%bb |•{o{]|p|{ o%b\ bbpbb]{oq•{ &s| io{\•‡]o|qpk ioo%]]k boo{•oqo{p bo%]‡
q N6BE
b]{ b{pb{pppp p%p\ qppppppp p%pb oppppppp sssy ib]pb{ppppk i{q%q]k ibpppppppk iqq%qqk
 N•^RŽ&t•^S•&
opp bp|q\‡•|‡qp• o‡%{{ bqo|qp\o|pq\ o|%p• b•qbbpoo]po‡ t&z{ oq]{q‡qo•o• ob%]• \pb•|•|]||o qp%oq
^ LSK
&&s |%€&t~€{%{€%s% b•%]b %%{€|{s€~|~€zs~ o]%]q b]o‡p{\]\]p] &}|s \]]obq‡q\p{ ‡q%|p q]{\•\•\||‡ qp%•p
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& bb
b N6$,9#
oob ‡||b•‡\{bq] b•%b| {b|\‡q\p\]\ b•%|o bb{qq•bbb]q] &&&{ bopo{‡|oqb| b•%op q‡q|p••bp{b \\%\b
€&#".
ooo bqp\\b|{‡\q{ qo%p• b]p\b{‡||o‡| qo%{| b|o••oq‡]bb{ t{&{ b||•‡•bo{qb b]%qb \oq]q‡‡]{\| o{%b‡
€U89*L#‚
ooq i‡p]o\qq{qpqk ib\%{{k i‡{\•oq]{{b]k ib\%|•k i•\\q]o]q]{qk =%yss> i•|\{pop]bok bq%bq i]|‡o{|\•‡{k {%•b
o N6$,9'
oo• •|•b‡o|o‡ p%op q\••{‡q|p]] •%‡p qq|‡‡p|o\o] {t~ qq|{b\•‡bo| \o‡o%{p i{bo]\‡‡qpk io%q\k
€&#".
oo{ |p|]\b]pp p%oo q•|oq|p‡qpp {%o| q•|bo‡|‡qpp |%t q•pb\q‡\{pp \p‡|%]‡ ibbobppppk ip%pqk
€U89*L#‚
oo| ibboq•{]•\k ip%pqk iqb\]o‡•o\]k ip%‡|k iq|\‡‡pq{•]k =s|y> iqpqo{{{‡•bk o‡|{%{b i{pbqq‡‡qpk o]%\{
q
H<="P2O

oqp ]o\{p]p\p p%bq q‡pppppp p%pb qp]o]p]\] ss{ i\{{{p]p\pk i|q%b\k o‡|o]p]\] •\•%|o
^^ LS#J)
&{s t}€%s|€%}s€&s{ |%q• %{€%{~€yy~€z&z q%]\ op]pb••p]ob t}{ iob|q••qp‡{bk i]•%]•k \qqoqop||‡ o‡%•|

b H8834E
o‡b q‡op\op‡q\o {%|p bq\{•|‡{boo o%|] b•|{bq\‡p|o tt} ioo•b‡oq{oopk i‡o%•\k \\|qq••|•p qq%qb
o
N6##@c
E
o‡o b{||]•q{‡\ p%\• o‡•{p{b\pq p%]| o]b•po\\o| sy| ••{]p•]q| \p%|{ ib‡bp]‡|•\k i‡%pbk
q N6E
o‡{ q\ppppp p%ppb q\ppppp p%ppb q\ppppp sss%
@GLS
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R>NST&UVWX&SYV:ZH[G\]G^_DN`a& bo
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R>NST&UVWX&SYV:ZH[G\]G^_DN`a& bq
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!,9%Q=,+#;
,36<#!8‘n83

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=<r*<m(#"#$332E,+Œ36
’
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& b\
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6<#!Os#".#@#',;678
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8!(#6Œ3,g,;*E,+6<#!'
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R>NST&UVWX&SYV:ZH[G\]G^_DN`a& b]
8'"%tP8)46d*$9-,+•,c$
E,+6<#!3O,L0#"6BE
*#0#676BEŒ36!%
&6$#;!"*)*ˆ8J
†646/3o{%q‡Šo•%p]Šoq%bbŠ8A*opbb
opboopbq%&A*opbb89)'"bb]qq\•‡q{•q,)
6A*opbo89" boq‡|\‡oqpo\ ,)A {q]|{]|b]b ,)"
A•%o]Š64A*opbb%S)A."#6PA.
j*loppbq\]qobq,).q\]{•|{•|\{,)%N8,
89#".@#0#oA*!"8A*opbb'"P8#".
@#32,$4.,{{po{q•oo•o,)6A*opbb89
#".@#'"*g *<#$L{qp\\{pbobo,)3•
**+89482!#)'"%&#".@#*
j*A.-†8A*'",c67#0##".@#
,;6<#!86j*%:A*opbq89)'"*
{]qq•bo\{,)32-ˆ*p%‡|Š<#$Lboo{\bo]b••‡,)%
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L•qbq‡]\‡\b•,)=".%
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N6E6567#=#";g#)
i2bog8(##‘k894%N;!"

82!#6'"6E**+ˆ8J32,$4
ˆ8J"#'O*-,942o]Š0#A*%>(*-,+
6ETA*opbb6E'"bp|q\‡•|‡qp•,),
A*opbo6E'",cAoq]{q‡qo•o•,)32-
*-Aob%]•Š.4bqo|qp\o|pq\,)%:A*opbo6E
'"A.,b•qbbpoo]po‡,)%:;*;##".=6
E'".A0#A*="#$6#T
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& b‡
B>2QGTBLSK†N
NP8E0#oA*6$,9#'",(#A%H;
6  $  ,9  #    ,c  A  b•%opŠ  l  ‡||b•‡\{bq] ,)  A*  opbb  .
{b|\‡q\p\]\,)A*opbo,A*opbq896$,9#
'",c,Ebb{qq•bbb]q],)-A\\%\bŠ64A*opbo%N6$
,9#'"AA*'",/#3<="P26OE/
*#6B**"*894iA*opbo89"2o{ˆ,)A*
opbq6$"42\]ˆ,)k%
>'"#',/#3,*4*"*98oA*0#,c!"
'""?8J=APE8*•#*c
6j*Œ3!36j*%
F>2QGTBLSK!CN
N6$,9'**+ˆ†82!#6'"%
&A*opbb896$,9''"•|•b‡o|o‡,)A*opbo
A.q\••{‡q|p]],)'"#";88340#"(67
,!6%:A*opbq896$,9''"*<#$o%q\Š
64A*opbo,E89qq|‡‡p|o\o],)%
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&A*opbo<="P†O'"q‡pppppp,)*
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opbo<="P2O'",cA*E.qp]o]p]\],)

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opbo'"*#6B*6$,9<="P'8t32%
}#=8.!"*+*g'"'l=
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R>NST&UVWX&SYV:ZH[G\]G^_DN`a& b•
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,="6d=<r*<m#".=,+#)$'"
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  •# t%s %zy€z{&€|}s€&zy t}ss %|z€t{~€}{%€{}y t}tz %{}€{}{€zy|€%t% t%|t &s€}s|€s}%€yts %ty{ ={€{}t€t%y€zzt> =t}%>
b >"BE qbb \oo‡p•b•{pq |%o\ \\|p\‡‡pppp {%\] \oo‡p•b•{pq o‡\q|\ob|• ‡%o‡

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q &35*#8(834 qbq opp]op|\•• p%\| b•|\|•pb\\ p%q| o]•qo|bo\b p%\{ iobpoq|qqqk ibp%\{k ••{qobp|• \q%q‡
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] Q835,+ qb] oq‡q•bbpo{\ ]%{b o]‡{|\{o]•{ ]%‡o o•ob]qob‡]\ ]%bo op]oq•oo|\ {%‡{ b]o]{q|p•‡ ]%|\
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H8+B
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\ }#‚PL \b{ |ppppppppp o%ob |ppppppppp b%|• bp{pppppppp o%pq b{pppppppp op%pp
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N+#)$ \\p \p‡•q|qbbb\{ bpp%pp \]•qb]p‡]p\b bpp%pp ]qb‡]\ob{]p• bpp%pp ]p]•]•]q{|q bo%\q •\qq|b]q\‡‡ b‡%o‡
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& b|
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&8I(*,29.#
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ˆ8J88#)$;!",3*-,+67
l.E,+6<#!.#"*-,+
67,Lj"i*+K.#*6d=8f8/

6#k'"6dg88867l.%&
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'"iˆ88A*opbbopboopbq/3q|%p\Šq|%o|Š
q{%||Šk89AE,cA.lb]{{p•oo|‡bo,)A*opbb.
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opbo%&#".=8'",+"#$6#T
&%%2QGTB •#
&BE5E8Lbo%
t3567BE,;,-/4#/#($3#
,+%>67BE,;*67!n
E,(#K2!##)$%N#".67
0#(#BE6dn•,8E#'
O88EA•%R7BE".#/#8$
$8*+5B#gAn
828E*!A,E%N8A*opbo
'",cA3567BElb]\]‡o•{po]\,)A*opbb.
b•]q‡|{‡b‡{\,)A*opboiAbq%\‡Š64A*opbbk,A*opbq
BE'",c*q%{bŠ<#$Lb‡{‡{‡]\•bqb,)%RP,+
BE#'"T
B>2QGTB!BD! •#
R>NST&UVWX&SYV:ZH[G\]G^_DN`a&
op
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,cA\oo‡p•b•{pq,)%&#".=6P,+,A*opbo'
",c"BE=32*E/'32>&*6$(8.
,;#",+$3#,+E,+6<#!%RA*opbq
"      B  E    '  "  ,c  A  o‡\q|\ob|•  ,)  ,E    89  
\\|p\‡‡pppp,)%:(#"!"'",c67,$",;E
,+%

F>2QGTB"SOS„F)
&A*opbo'"835•q\opp‡o|bq,)*
qb\q‡b{\{{o,)"*o|%|{Š64A*opbb%Q835*
8A*'",c*3#".@#Œ3*#l
#!%:A*opbq835A3',;%Q835
**$#!,="#)$
*'8c%N#".'"<r*<m
*#9#2*-35',(#8#+8,)
"'%Q8350#'"Œ6d*!,*+!#
4'"Œ6dng882%t,'"
/A-#/#P8EE,+6<#!
,;0#",9*-835 %
&%&2QGTB #
&    E  A*  opbb      89    \o\\\\|q]{  ,)    A*  opbo  
\qo‡•\•]|b,)%:A*opbqE'"A.q{‡o•\‡‡|\{
,)%&#".=8A*'",c@10#‚E'"
N&SS0#$Vrr8%
&&'mnFQGTB!TL‡†
>$6O#$6O#,29'
*+O'I#,E,+
R>NST&UVWX&SYV:ZH[G\]G^_DN`a&
ob
35%}#=,+#)$!"'"
ˆ8J$6O#8#)$8!4/3{s~{ŠA*opbb
‡p%•bŠA*opbo‡p%pbŠA*opbq%>*+2!#89#)$4
3@"6d?'"P(*gŒ3,+8E,+
6<#!#".67(#$6O#'"
8-6O#%
>(,+6O#!"lA*lA*opbb,A*opbo$
6O#'",cAl|pppppppppp,).bp{ppppppppp,)

32-*-Ab{ppppppppp,)"Aop%ppŠ%#".="#
8A*opbo'"-#89b{ppppppppp%h
#@6##3=$,c**E<#$L]]{pb|‡{{\q,)*g
 '",cA0#‚,/#38;.,bp\{b‡\{‡|oq,)*
,/#36j*%
:A*opbq$ 6O #A*E4ob‡ppppppppp,)A
bpp%ppŠ64A*opbo%&#".='"#*#"
,+$%h#@6##3=$'",cAl]]{pb|‡{{\q
,).•‡•q•{•b\bq,)%h#@6##3=$A.#
P!"'""?8J,/#36j*=#
0#E,+,)5#0#E,+'"ŒA/0#lA*%
t'mnFQGTBJQAS#GJB
R>NST&UVWX&SYV:ZH[G\]G^_DN`a&
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2S%tW2d.'+01*+2b;.abc]d+46;.a+g4?+
6 HK.# *c6$ A*opbb A*opbo A*opbq
opbo…opbb opbq…opbo
“…” Š “…” Š
b t##!9 pb bo\|]]•p•]{b‡ b\b•p‡|p•||]q b]p‡•o{]bb|\• b‡•]bopp\bq• bq%\b {|‡]|\qb||\ ‡%qq
o H*8l# po ]|b]•b‡p|b b\]|q{o]•]] bq|]{ob]b|q {‡•{bp|‡‡\ b\‡%•p i‡q]‡bp]‡ok i\%q‡k
q
t##/(#
!9 bp bo\q‡\bq]|•o] b\po\•]o]\b|{ b\|o••po|‡•]\ b]{{qq{|\\•q bo%•• |po|]p\o]]‡ ‡%\\
\ U$ bb bp]•]o\‡qbqo\ bb‡|‡q•q]b]pp boo‡bq]•]qo•p bbobbo•opb•‡ bp%‡p ]‡\|{\pb••p \%{q
]
h#@+(#!
9 op b{‡bb‡•o{\pb oqo{q•|po‡|{ o‡‡‡q\]\q\{\ \‡•obb•\o|• o]%bp qq•|‡‡\p•{‡ b\%]o
‡ t#E,+ ob oo‡{b\p]opb \oqqoop\q{ •o•oo{{•\‡ ib{\\{b{\•‡qk i{b%q\k qpq|p‡{qp{ •b%•|
• H oo •pbo{]•‡|\ bbb{q\b{ob oob|b\{‡{o i]{|\]b]{•qk i{\%p]k bbpp{p‡{‡b |{%\q
€N8,THc" oq bp{•\•|o‡p bo|‡p‡‡\]• bp{•\•|o‡p op{]{•b|• b|%b{

{ H o\ {\\]|bo\qbo bp{b\‡q{‡o•p bqo•qq{•ob{| oq‡{•o‡b|]{ o{%p] o\]{•\{]|b| oo%•\
| H0#1 o] qbb{bo{{q•• \{po\pp‡bb| \•q‡‡p•|•pq b‡{\o•b••\o ]\%po i‡]•|o‡\b‡k ib%q•k
bp
h#@#/lE,+
 qp {‡b\\{‡qob| •|•{oq{{|o‡ |b]{••qb‡]‡ i‡q‡o\•\o|qk i•%q|k bb{p]q\o•qp b\%{p
bb N#@ qb oq{|{b|pp opq{q|‡bq| ]]{•\]•|| b•||\b\oq| •]o%|] ib\•|‡]pq\pk i•o%]|k
bo H qo bo|b{]\o bp•obp|p|b o]{b|q]| bp]|b|p]\| {b|{%|| ibp\‡o{|•qok i|•%]|k
bq h#@ \p oo‡p‡qq]{ |‡‡o{•p\{ ]qo|o‡\\p •\pooq‡|p qo•%\\ i\qqq‡p‡p{k i\\%{]k
b\ N#@834# ]p {‡q•p|o‡]•• {p•\{‡•]|•\ |obop‡]{p|‡ i]‡ooo]p‡pqk i‡%]bk bbq•b|{oboo b\%p{
b] H#N&t& ]b oooo‡q|•|•• ob•\pq\|p|o oqopo]•p\‡p i\{‡p\{{{]k io%b|k b\‡ooobq‡{ ‡%•q
b‡ H#N&t&cE ]o i]{o•oob]pk i••{]p•]q|k b‡bp]‡|•\ ib|]•{]q{|k qq%‡p |q|]‡\]bq ibop%‡|k
b•
h#@6###@
 ‡p ‡\•o•o]p•]p ]|•{‡{q\\ob ‡{•]•pqp‡‡o i\|\p\b‡qo|k i•%‡qk {|•pb|‡o\b b]%pp
b{ hc28.# •p •b|o o•‡{ qb{q i\\o\k i‡b%]bk \b] b\%||
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& oq
t%GrO‡BE
N#'"/+gh<6PA,;lA*
opbb,A*opbqA*opbb#'"bo\|]]•p•]{b‡,),
A*  opbo      #  ,c  A  .  , b\b•p‡|p•||]q ,)  A
b‡•]bopp\bq•,)"Abq%\bŠ64A*opbb%:A*opbq
#A,Eb]p‡•o{]bb|\•,)%H,30#8.8
A*l0#'",c,j"*EE,+A63.#*g
#AŒ85l0#6j*A
3O#".@#A%N#".#,$#46P
,+#BE8A*l0#;!"
#A,(#,!"'",cA9#%>
#A;3O,#/#$3#,+8BE#'"%
,+*8l#T*8l#
'"A*opbo6PA,;l ]|b]•b‡p|b ,)A*opbb.

b\]|q{o]•]],)A{‡•{bp|‡‡\,)64A*opbb%:A*opbq
*8l#'"*3*',;%H
*8l#'"A850#!#32
*E,854'"/?8J.*!,(!#
l,*6$3*8l*A##/%
t&2QGTB)!F)
&A*opbb$'"bp]•]o\‡qbqo\,),A*
opbo$6PA.bb‡|‡q•q]b]pp,)$,+
Abp%‡pŠ64A*opbb%:A*opbq,Eboo‡bq]•]qo•p,)%U$
8,EA6PA63.#3,c;
O8.6P,+6<#!%t9#3O8E
E*#".@#A.*A66<#!%:(#"
3O,6P,+$8A*opbo%
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& o\
tt'mnR ‹G"
h#@+850#'"*-A83O
$%  &A*  opbo    @  +    '  "  ,c  A  ,  o]%bpŠ  l    6$
b{‡bb‡•o{\pb,)A*opbb.oqo{q•|po‡|{,)A*opbo%:A*opbq
'"•,3*-Ab\%]oŠ,Eo‡‡‡q\]\q\{\,)%h#@+
A$,+A#A*42$,+A$
%
ty2QGTB"nF)!"nASRBŒ"
H          '  "  A  .    l  A*  opbb  4    89
{\\]|bo\qbo ,). bp{b\‡q{‡o•p,)A*opboiAo{%p]Šk,
A*opbqA.,bqo•qq{•ob{|,)iAoo%•\Š64A*opbok%H
A850#'"@8#*O8+9835
*O8+ $=$A350#*8r*,j"
*E.##A6$%
H0#1'"Alqbb{bo{{q••,)"A
]\%poŠ64A*opbb,E89\{po\pp‡bb|,),A*opbq

0#1'"*–b%q•Š<#$L \•q‡‡p•|•pq ,)%
&#".='",c,j"*E'*0#1
A850#%
tz'mnR ‹•#Gn
h#@lE,+,/#3'".*8
A*l0#%&#".='",c*(7=Œ
3*(7'‘E*#**E%H;
  #      ,c  *  l oo‡{b\p]opb ,)  A*  opbb  <#$  L
\oqqoop\q{,)A*opbo,A*opbqA–.•o•oo{{•\‡,)%
t{'mnFQGTBR ‹E•#GLSIoJ
B
h#@#/lE,+6<#!'"*–l
R>NST&UVWX&SYV:ZH[G\]G^_DN`a& o]

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