Phân tích hoạt động kinh doanh ngân hàng thương mại cổ phần á châu

!"
# $%

&

'(

) *

+&,

! "#$


%&

'
!

" #$

%

((((((((((((((((((((((((((((((((((((((((((((()

!
"

#

"

$

&
&

%

$
'( ' )

*

%

!

$

'+

! ,-

*

.$

'+

, '+

*

.$

'+

6+ 0

4

9

3

'+
:

#

9

#

:

&

9

#

, '+

*

9

#

/

#

7 =

&

9

#

B

B

*

9

#

7-

= $

*

EF

34 05

7

/ ;

0$

1

&

! 6. 8

*

<=

<=

*

/

>
/

>

? @

9

B

'2

$

9

*

/

# 01
#

#

!

A
$


B

:

'+

7

D4
D

I? 2

- 4 = 4

I? 2

- 4

I? 2

- 4

/
0$

4 #

7 =

<

GH

&%

#

$

'+

7

0$

! 6. 8

#

$

'+

7

0$

'/ J

#

$

'+

7

0$

'/ J

&

= GK
= GK

L M

! "#$


& I? 2

7

- 4

#

7

-

"$
&

%&*+ , ''

$

"'

" #$

'+

7

0$

'/ J

'/

F

" (

%

!

)* + ,

$

'+

7

-((((((((((((((((((((((((((((((((((((((((((((((((((((((((((-.

0$

! 6. 8

4 2 N O "$

P

&Q
R

"B

B

4

3

")

! 6. 8

!

? "

$

4 2

4 2

'+

7

0$

!

4 2
*

! "#

$%

&

'() !*+

! ,

% - %
<=

*

6 :

/

*Q

& S

/

=

= GK

&


C

/

/

# 01

S2

"$

$

J

*

7 $

& & .$
* 9

:

$

? "
&

<= T

#

'+

# 01

7-

= $

Q
'+

*

9

#

*

9

#

*& 9

#

GF

D

S

? "

$

7

.

0$

0$

4 #
3

>&

4 #

4 2

>
>A

'+

7

0$

!
Q

6 P

7-

6 P

:

='

' F
,U

! "#$

%&*+ , ''' .

#/

0!

* ,*
!

")

V

!

7

")

V

")

V

4

J

$

S5
S5

7
")
'+

J

$

%

" (
,

- ((((((.!

6

-W

Q>
.

6

/

!
! N O

P

A%
/

'+

"$
8+
) * + " #$

-W

!

1% * ," "' 2

4

/

H

J

X 4

")

$

'+

7

0$

!

4 2
Y= 4

4 '/ J

Y= 4

4

& Y= 4

4

* Y= 4

4

A
3

<=

X '= Z=$ 7 =
$
X

= $
$

/

/

7 $=

/

:
'+
= $

'+

/

/
7

0$

!
/

Y= 4

4

> Y= 4

4

$

'+
:

=

"5

7

G?
>

A
%%

!

"

#" $

%

! "#$


! " #$" %&'
-

.

&

0 1 ! !*+

- % !*9

!

3

!; 5

3

!; F G!

3 7

:

G

%1 !*+

" =

J=

!*%

!*+

3

&

&

: >1 C; K 4 \ A ;

!

&

$% ! O !*],

:

! ]

!M b1

:c !*H !
!*W ! O !*],
!

[

!*+
]

!;

:? 3G
G

0<

!*%

? 3

%C !

U

6 * !

2%K :NC 1D

]B

:;

= 4P

J= 3
= # ! ],

4+%

:? ! ?1 N
2

D

; 6 !

D

&

2

: >1 1D

+D! :

$%

$%

&

!

[

0d

:R F G!

?!

[

&

%C '()

%1K 5 O ! ;

:O

;

:
&

J :

+ +D!

:R !]K

%C X! $%

%+
K :e A G! 0

K A ; :^ 3 7
! V :6

- # !*OK &
! 7

! V :

= ! !* > :;
G=K

0 7

&

0G -

%+ b

0<

f

+D! :

!; :> 5 ! > D

+D! :

M

Y '() = #

T> 0 1 :]S : ? :5K

Q CW "+ ! QZ!K :

"5

Y

! G

? 3 53 b !

+D! :
7

G !*D
C; : >1

K

N 1<

< !

$% 5 !B

& `'()aK
A

!; ! O !*],

P 1B K "<

R !D+ *% !M 0

= ! !* >

&

C

L

]S : >1K !J 4P

!D

- % ! 7

W K B "< D

:

b1 +

2

1E $% ?

"# = N1 4O

K = & ![

^= R _

K :]S 3

-

C

B "< !

K !*# - %

?

&

%C X!K :6

K # ! G

1D

1 ! !*+

$%

!*H W
+D! :

:

1D

A

4U :; 1 ! ! < !; 0 1V :

C

C

$% !+

J=K +D! :

= # 0 W !P "+ ! QZ! 0D !

#1 ! >

<

5 - C 17 !+
C L

C ! ; 1D

5 % !*6 7 8

C> 1

G H "< *% :,

! T?

K !M :5 = !

? 0@

! , :D 1H I%

!J= :+
S=

$%

4+%

B "< = ! !* >

= ! !* > ! >
$%

2

:; "< = ! !* >
(8

M

Q !

/ 01 2

K

!*%

- # !*O

3

4+%

M :5K = !

C ! ; 1D

!D K !J 4P

! ,

:> ! C :]S

K3 X = P

K 0],

&

!*]B

2
= 6

! "#$

!*

>1 9% )W
2

4+%

D

G= +D! :

:]S "< - % !&1 ! h+ 4i
:

3

4+%

$%

3

4+%

2

! <

+D! :

J

]B

- C;! :O

!

3

4+%

3

5 8

W

'() (P ! > 0

! , : >1

M :5

4< :+

&

! , ! 1 *%

?
2%

1e!
L

0+D *$
j1

2

0@

$:

< ! ?1 b

] & :
]

K !l 0G 4<

- C;! :O

1P ! W 0S

$% '() :e! !*+

!

[

J K *$ *+

1

G= 3

V

!]

3

K

% !+

- % "+ "

B

G - # +D! :

L

!*+

$% 3 5% 0 J 0
J !?

+D! :

I K +D! :

K

3

4+%

+ %CK !

! "# K !

$%

- # 0k

4+%

!

K 5! >

1

K

= [K

&

) *

1

$%

$%

#1 3;! - # +D! :

J A ;!

4+%

4+%

+D! :

"I 4P

< K

& ! 0 1

4+%

6

!]S

$%

&

$%

- C 17 :> ! C :]S

B

78 &9

F

( & 0 * ! R ! ;!

= ! !* >

QI 0k

% 0S !V
+

] O ! ; $% '() :

J

+D!

%+ :> :R !]

:#1 A#+ "< & :

0S

g!

G = & ![

3

2

3

0D 0S

&

3 + K!

3;! - # +D! :
]B

M% :

+ %CK :R !]K = &

T

!

$:

AG = == 6

m & ![

1D ^ = R

! ; "5!K

*+ 5 ! > Q#C *% !*+

!*2K

V

:R !] F ! ;K

! ]

5AG = =

TO

?

3 V :> ! C :]S Q

G 3O= ! ,

5 ! > 1%

% - %K '() 0 1 ! !*+

< !*W ! O !*],

$%

:g

-

:]% *%

! ,

6

j1 :
'() !*+

![

&

34 05

= !

:5K !*+

6
+D! :
?
G !D

3
+D! :

4+%
3

$%

&

* !*

!;K 4 \ *% !M 3

W 3 5% 0 J Q

:]S

.

B

!

&

D !*+

= D1

? 0@
+ !B

1 !"

+D!

! "#$


:

! :O

0k

"I 4P

! 7

- %

$%

K !*+
K!

" 0G K

) &,

l ! W !*+

$

:5

$ C; 0

! %

!+ K !

A% b1

+D! :

![ 4P
4+%

K

K

!

K- #
K

= [

.

6

T> 0 1 "
V

&

!Y

4

:

!]S

W

V K= ]

= =

W

$% 3 5% 0 J 4<% !*W n
- 9

:6

4

4

Y "I 4P

!

!*W A +K : K

!

:> = & ![

$%

G "+ "

B 1 !

l!W 3

l!W

!; (5

G=

! C; o)
?

C "I 4P

:O

2%

B 4+%

!

K 5- %

4

4

- 9

1 !

! ;! ! h+

.

G

;!
Q

]0W
= ]
G

-n0 = ]

&

:O

K

+ 5 G

l ! W 4<%

]B

= & ![ K ![

"

! 7

S= 0D

Q

3q !

(

A; :
!

J! "+ "

4
! [

S=

1

- %

G & : K0W
= =0W
( r

]S

?

G

G ! C; ![

G ! C; ![
D 0S

B

2%

J

l
K0W

0 0W

G

5- %

G

= [

= = = & ![

l!W 3

!;

n

s(

! ;! ! h+

s(

! ;! ! h+ ! ,

s(

! ;! ! h+ :O% : >1

: ;

$% :? !

= = Qh1 QZ! 1 !

5%

l!W

]B

$%

G = & ![

:

n :> 0]S
0W

V

3WK !^

"HK - % :5 Q

!]

4GU

?

! h+ 1 ! ]B

0G

!; 1 !% 5 ! > "I 4P

4

!W 3

W

!

8C ! h+ 1P :[

! CG! : K "+ "

- 9

+K !

n 0 = ]

n

F4
= D1

A +

4 <$ <

R = & ![

] "+ "

7U ;

!h* h!op% :5 ! ;

4

$%

8

! J= !M

- 9
l!W

/

" 0 G " 0 G !*+

0 G :]S !J= S=K !

!*W

D4 ;

A = J K %C C; !

!

$%

l!W

%

< =

! "#$


t 5% 0 J A%+
% /0
3

'

4+%

% /0

1

4

2

:?

$%
''

] "% n
A#

&

! ]

1D

< !*D

+D! :

3

? = & ![

!

4+%

$%

[

+D! :

&

! ]

1D ^ = R _ ( &
''' u # = =

% /0
! ]
T> +
:c :]S
! ,

!

3 5% 0 J

W 3 5% 0 J 3 7

:]S k 3 ; :5

5= $%

w1 Q

A ;!

A C !Y 06

A G! 0

3

*O t
!;

:;
+

C AW
]B

4U

!*

3 Y

v+%
? 0@

!B
;

t

AO

3 5% 0 J ! !

2

v+
]

w1 Q

:c !J !
G=

v+%

X

2

$%

&

]B

$% A# ! & K h1

D

; ?3; ! V

"% "5!K

JC h1 1+

J

! G

2% 3 5% 0 J

C

TD

9

x

+ h1 ? !#

< 0W - % 3
]

D

! RC 7 !*],

:c !*%

D "@ m D1
!

G - # +D! :

! RC 7 :> +

! RC 7 3 +% t

x #

%+

1D ^ = R _ ( &

! RC 7 !J !

%

j1 &

+D
;K

4U K

K :e

! RC 7 3 +%

3; ! V
I 0,

]

2

1

g= :y h1 ! <

X

?

& !
G

C

/

! "#$


>+()#* ?
#+,#* -.# %/ ) 01# -/ 2+3# 4 + +5
7
?@

A

B

1(

1

C

2

!*9

! ]

! $% ? 3

!*+

[

8
2

"

3

- % !*9
0] :

1D `

za 0 1 ! !*+

!;

19 ! , 3

*+

]

= 5! >

3 +#

05

!*

0 3W

f !*S

4G

W

+ %C

$

[

=

G Q&C 4<

1 C

G=
2

!

],

V !

- %

- % !*9

2

= ; K0
!^

D

[

] JCK B

0+D

4O

! ;=

P1

9

> n

1

05

1

$
0$

#(1(

3

;

' 0

#
3 ;'( Z

G

#
"$

7

3

7

/0

34

+

# 01 T - 7
3 <$ J Z3 7B

+

-|
4

8
0 !*

!M

B

?

% !

[

], ! ;! 3 G1 "%

0
1D

#

6

&
- % !*9

1
$7

#( % 5

mh!h* }+"hK

&

4+%

G G$

7

! ]

+

V !

= $K 0 1 ! !*+

S4

C !*W = ]

{6
0

!^

0 1 ! !*+

+e 1 % "X1 1 C 15 ! ;! AO
V

[

![ = ;

! W 48

L

J Qh1 QZ! !^

4

!; @ 17 $%

!* G

*

/0

! !*W ! O !*],

C; !B

9

&,

3

&

%6

4+%
!^

K x # !*O

:R !]

G=K
V ![ 4P

&

! ]

$% ? 3

!;

&

& K 3 + AD
3

1D K !*%

*W

K ~)

"H :5K

0 3W

4U

J !?
]B K
&

I

$%

&
! ]

( [

! "#$


1D :R !]

:; 19 !^

+K 0@

#(#(

<

1D

:> ! %

% !*6 !]

5 !*
!*#

!&1 ! %
!b

![

FB
: 0 &

% !+

!*+
4

~ ! = ! !M
&

! ]

+1 !

&

"E = # !
6 0D ! ],
%C !M
4D
!

•

- % +D! :
h+ - C :O
:>

6 0D :]S
C

!P

+ %C (

•

aK :&C

3

+ %C t
3 +#

?
[

:c

! ? 1e! !*+

% ! %

![ 4P

&

$% = = 0 J!K

&

0]

3

I

=A

],

:>

I !?

! ],

3

L

4]B

] JCK !+

A

- % +D! :

€K B 1f 3 +#

:]

C V ! ;= !P 3Z+

• :c :]S !b

!

0

G V

& !? K! >

+

.•K " . •
&

I

:>

C I

&

3 +# ! ?

I ! ;!

5 ! > 48

3

G
![

3

€K !]

8

"

5! >

3 +# ! ?

! 7

+ %C (
+

I A%

"I 4P

• = R / • 6 0D
2 0D

1

J :]S K "

&

0

!+

I

+ %C 1B

!?

2 0D

C "I 4P

5

- %

&

M 1 ! 3 +# ! ?

#C "%

K ! ;= !P :]S

&

!+ K

!*

%C t +# / • "% :5 0D :]S

&

G

+e ! 7

B 1f 3 +# ! ?

:5 "E

"E = #
3

#1 0]S

{!D+ ! ? •

!l 0G 4< !*2 AX! A

&

6 ! <

]

% ! %
K

53 # b

3 +#

# "I *j

!*

% ![ 4P

!M :5 !D+ *%

3

4 K

!*

1D

!

&

1 %A

!+

5 ! > !D+ *% 0]S

Fvn

!D 1 !

b

:]S "I 4P

I

3 G1

!*

1 ! !l 0G 4< !*2 :

&

4P

b

+3

P ! h+ S= :

:5K

C>

? 0R

&

!?

&

! %

K! 7

*W

- %

I

&

9

V

& " ! ? :5 0W

D

K

3 +# ! ?

4O

)W
V

!

#(-( % 5

:R

+

% ! 7

!+

5= = R 0 1 !b
! 7

K A ! 3> 9 "# Q ! H

] ! $ - q $% 3
G 1H !

!*O

$% 3

A8 !*M B

!*

!<

G1 ! <

!+

+e ! h+ + :
!+

Qc

2
:5

! ]

& !*+

+

7

&

! %

V K

G 3 # b

V ! ;=
•
!D+ ! ?

`‚
$%

! "#$


&

! ]

1D

!?

I 1

G " 1H *
0D

O "< !

:

3

p ! ? :]S

& 0W

G " 1H *

$%

!?

I

?

%C [! = P !

$%

C; ! n !ƒ 0G 4< !*2 AX! A

&

+

! ]

1D

K !ƒ 0G *g! ! ? 1e! $%

!ƒ 0G 4< !*2 4] ! M%
-( %2 :; : <
&

:>

6

3

! ]

/0

1D 0 1 ! 4+%

j1 :D! :]S 1 ! " 1P ! W

0S

J

~Z! ? 3 [% D
]

4+%

= # "I 4P
:

!]S

!

[

G= 3

%2 =

C

&

W

1D

4+%

&

* ! %+K
4O

3

"%

4O

] 0%+ :

! ]

1D L

K !] 0 G 0%+ :
! V 4O

P

:> 7 ?

( ! 3 +# ! ?
I
( 3 +#
+ %C
( 3 +# :R !]
(
4O
P !
[ 3

1D L

4G 3

l R 1 ! "< A ; :

DEFG E !!=n „„„

:e : >1

C; ! :R *% 4]B

1%

4+%

2

:e : >1 * W

K !] 0 G "# Q ! $%

! , !?

L

[

? 0 0+D "# = N1 5 ![

P3

5 8

A G!

1e! "% n

$ C; 0 ! ? K :

!M

:% +

R

! ]

!K ? = ]

! ]

+D! :

%2 =

G H

V

&

u†
J!

K! >

1D

?

‡%+ :
T ! :%
= ]
!G
!K 3q ! J!
F

! :O

!*W ! O !*],
2

V

:5 5 1P ! W !

! ]

+ $% "# Q !

CW

:>

K !*+

&

:> "# Q ! *%

1 3

G= :]S !^

! :O

C!

C; ! :R
0%+ :

4

&
%C # 3

Qc

C "%
1 !

&
&

0 "# = N1 $% 3
+

Y ? 0c " ! L

&

![

DC #1

5 ! > &C *% "<
3

K +e !M 4O

C>
P

C

!D+ *% 1 ! "# = N1 :]S Qc

h"!+=h4 % +1 !h*1" 1 1 0! =0 h*h……h ! %"=

! "#$

]%

!

0J= !V !*+

*% "# = N1 !]

!< :> D

V % K QZ! ?
! %1

%
]

b

n !*

$%

:O

ze! 3

1D

51

K !*+
- %

C:

G ?

&

0W

!D+ ! ?
1D 3

5 - C? "H 2

K

A

!

&

% * ! :% 4D

! ]

= V !D=

&

! ]

0 1 ! !*+

2

G= P

?

C; ! :R

R

C:

•

J !?

In0

1D ( + %C :]S

+ 0

K

! 7

&

- %

+

1D

6

%C

4

+D! :

"

0,

!^

V ![ 4P

I 5 3ˆ D

$%

&

+ $% +D! :

3

1D

5! >!

! V 3

%

]n

g!

$%

&

! ]

%+ 4+ :5

&

! ],

+ %CK !*+

&

$ C;

! ]

G= P !* C? !

C:

3ˆ D K ! ?

b

V

= :@

%

V K

V

:? 3G *

&
G=K

- % A%

&

# - C;!

:>

2

4+%

! 7

3 7

/0

3

3 7

&

Z+ B

G= ! 7

! ]

3

?

!^

3

4+%

&

6

T>

! 1 19

5 ! > !D+

!*< ! ;=

!+ K

K

], 3

6=

C:
j1

L

1D 3 7

!; Qc

% ! %

& K 4+%

"(1( & 4 :@

4+%

K !*

:%

4 :@

1D

? 3

+D! :

+D! :

% !*W ! O !*],

"( %2

]

C B

!M

3

! ]
+

[

$ C; Aj
l 5 - C? "I 4P

&

&

0] ! 7

4G

! ]

!

% !

1

!M

b

V A%K ? = ]

0U

X

5 5= = R = ! !* >

$% 1

4+%

%

!*%

V

+ "# Q !

! ],

! ,

:5 ! ?

3

4]B

0+D ! ?

I 3

I ! ;! 3 G1 $%
! V !?

0

I

2

;!

"V - % !*9
•
6

C:

IK

F

+

G

C:
Aj

C:

!M

! 7
= !

- %
!*

0+D ! ?

I !*W K

= ; K 3ˆ = ; K

C !*]B :&C ! ],

3 7

&

V

0B ! C

l !?
W

8

! "#$


B "< = ! !* >
:&C L

5

"E 0 1 ! 3W

• )W

$% ! O !*],
C:

D

1]S 0U
A%

%

R

+D! :

![ 4P

&

! ]

1D K ! ],

&

! ]

1D K 4]B

•

= ; K ![ 4P

V

3 +
S4

*+

3 +

]n

:O% = ]

!

=

•

+D! :

4O

! ]

1D

R

! G
= ! ],

0kK

4O

&

X

! ]
+e

% - %K

1D

5 ! > %C

%C H G !

4< !*2 0 W
3 53 b

B

?!

0

+D! :

?

3

! V 3
K

+!

B
[

V
K

4+%

%

W!

[

&
0 !b

! ]

3 +
V

3 +

7

D

V

&

! ]

4+ CW

R

$% :, "
P! %

!< 5 A%+

G :R !]

!b

1D

=
!; Qc

!+

1 #

V

3 +

:R !]

+

0+D

$%

[

- C?

3 +

+D! :

3

+

*$ *+ ! "# K A^

![ 4P

K ! 1 3 ;1 3

P 4+

G :R !]

!C
+D! :

6 :NC 1D

1D K

1D ! ],
]B K

! ]

K

?
$%

$%

5 $%

;! 3

J=K = & !

= 4U

$ C;
"#

]

! ]

!

![

Pn AW

1n 4O

A

;1 !M . € :; !*W / € !

&

$% ! O !*],

A%+

/

n ![ 4P

D :c 0 1 !b
CK

&

%

! ,

R ! ;!K :e A G! - C :O

G= P
V

! ,

# - C;! 3O= ! ,

:>

:R !]n :

3 +# 3

1 != R

! V 4O

A

j1 1P ! W

! %

V

&

!*]B K A#+ 0c

+D! :

•

]

0W

!*+

?
8

"

IK

]B :>

"(#( & 4 :@

V

!?
&

[

3 +

G - # !*+

% !*W ! O !*],

K %C !D

V

= 4O

P

0S

J

C
vO

:R !]K

:% 4D
P1

& - qH 4O

j1 : =
(
+

&
P ƒ!

:D

P3

! "#$


??@ I '

C

2

!^

4O

5

3

A +

0k

&

A#
? :R

[

3; !+

A +
[

K

l!W

1( C 3

8

:]S = #

- % !*9

!*O $%
3

1

- #

[

F

K :e! !*+

! 0]S

] 1 ! 4%

3 +#

1P

+ %CK :R !]

JC = & ![

1D "E Q ! = ! !M
+!

0 B
8

z ! !*+

D

H

+D! :

G Qh1 QZ! :

1

- %

+D! :

G "+ "

L

B

] O !*[ $%

2

1P ! W = & ![

p% :5K b

A# :> = & ![

= & ![

$% 5 :> 4]% *%
(b

FG

CW !X

!]S

&

E

FG

= # "X= Q;= 0D :

$%

]

1D !*+

1(1( C 3

A; :

&

J=K 5 ! > :]S Qh1

:> ! C :]S

! ]

= L

- # 0k :e A G! - % !&1 0

! ]

3

9

V
[

+ A ;!

$ C; !*W A +

&

+!

"I 4P

&

+ 3

0<%

$% 1 ! !^

+!

+D! :
$%

/

&

% A +

:R *% !

4+%

'%

0B

3 +

&

4+%

3

+

V
3

+!
K

& :

;

P P ! > 1 1f

3;! ? !

!*+

%* 0I

V

- !!

! h+ 1 ! !*

!<

+ !l !*9

3 +# 1P !

V
2

+ ![

!^

J :O

0Y

!M
3

#1 4R

! :O

- ! ?

"# 0

= 8 S= B
"#

"<

G = & A^

5! >= &

%!

"# !

51 "% n
%

"# 4< !*2
• v< !*2 "

&

*

:]S "I 4P

=0
‰

!+

I

+

&

! ? 4> 4

3

]n !*

& - q ! ? 1e!K ! ?

$%

3

1

G ! %
0+D

= ; 3 + AD K

(

&

+3

!*+

=n A%+

?

&

? ! ? 1e!

• v< !*2 ! V
!

K!?

:> 4< !*2 ! h+ - C :O

R A ! ! ],
! %

3 +# 1P

V
C

3 +# 4< !*2
*

]
G

2%

&

3 +
=

C

K: =V

+e :> ! <
!+

I !D

3 +#

53 # b
J !*# ! ?

C>
$%

&

! "#$


v< !*2 ! V
*g! ! ? K ! %

= :]S 48

!+

2%

"# 3

4+%

:> ^ !*S
&

+ 4< !*2 "
%C 1]S

= ?

R

$% 3

:c :]S

4< 3 ; !*]B
A

t

4+%

t

4+%

"#

! %

1 !

:O

"#

53

1%

!

&

%+ "+
J

1 ! !l 0G = 8 S=
:]S

3

4+%

! "+

0D 5 ![

2% !

"# 4< !*2
&
= #

3 # b

"#

]H

A%+

1

! %

!

"#

2

$%

!

"

"#

53 # b

"
W1

? " !]

0,

$%

53 # b

3 +# 3Z1 )H

C ? - C 17
!]

0B "E :#1 A#+

:; 3 # b

g k :; "< ! %C :^

*$ *+ !*+
!

;1 !l !*9

:e A G! - % !&1

= R ! "#

F G = & ![
4

"E #

%+

L
$%

? 0& 4

4+%

&

" ! CG! :

"# 4< !*2

"# 3

- # !*O

- # !*O

53

"# K = R !

m R !

0D 0S

D
! "#

"#

3 +#

D

4

:O

*+
![

X

JCK 4 C !*
0, 0

:?

+ :5K
:

L

]

:> ! C *i !

0%

&

! ]

1D

R !J= !*

+

n
x C 17
(

&

:

D !*+

1e! 0& 4

2%

C:

$%

3 +# 1P ! "#

3

! "#
X

> 0 "< !]

V

C:

4

5
&

!*]H

"< ! %C :^

T&C 5 ! >

Q ! z !
X

: !b

! "#

p< & :
+ %C 4

!

R

? %C

!*

"E e= 3 5 3 b !*+

+ %C

X Š

2% :R

+

4 +

]
4

C:

4

:R *% $% "#

$ C; 0

C

D 0 * ! 0B 4+ JCK ?

G ! 1 3 ;1 0S

J

A#+

:#1 % !+

! "#$


! ],
"

1(#( C 3

8

D

*]B 3

:

+ = & ![

= # = &
! <

%

G CW
!

K
!

R

- # !*O

? 0+D (b

!*# !M %+ :; ! = $% !

V

&

+ 1V : "‹

"#

SK

], !%

%

n

%

X
t 7

D

%C S

X

D

3ˆ D

X

D

A

!*
*

K4

D

%C S !*

K4

D

D

v

D
$ "H 2

F

A#

F

A^ "

*+

:; ![

S= 0k $% !l 0G

C:
D

K
:]S !M AW

B "I 4P
:R !]

X
+!

3 5 53 # b
1(-( C 3
(
:

+ K :; "< !]

V

8

K

2%

D Š

l ! W ! ],

2%

&

2%

X
$ "H 2
&

A^ "

D K4
B

B = R !

"#

A# K

&

0 - C 17

!

: !b

C:

$% !M
&

&
! ]

"I 4P
C:

0+D

= & 0+D
$%

- % !&1

B

!< 5 $%

Š !l !*9

C:

! ],

2%

:]S

! ],

:5 " 4] !M

&

= :@

Š
*+

&

:O
K

C:

!< 5 $%
D K4

"#
!

- # !*O

:]S ![
(5

1D

.

3

= & ![

!

!*]H

C

!*W !^
= P!

+

! W ! V = & 0+D

] "% n

! "#$

$ B

, '+ [

+

!?

I

+

!?

%C

$ 7\

, '+ T

+

3 7

+

X

$

!

) C
C:

!M

+

C:

!M 4&

+

C:

!M

+

C:

!M

V 3

!^

V ![ 4P

&

C:

H ! O !*],
C:

:e A G!
3ˆ D

]S 0D K 1 !
= [ %+
B 3ˆ D ! [

= & ![
C:

+ "<

R ! %

JCK ! 7

3

]B

+

F

!;

]

H ! O !*],

"E = # !*#

!

!^

C:

I 3 7

"g! )H

,[

5 " H [

F G = & 0+D

0B

$

+

:#1 A#+

/ [

D

+

!R1 - % !*9

:

D

$ U

!?


3ˆ D

4

+

H

+

$%

0B !

&

K "< !b
&

z !
:5

5 !l !*9
G

? !W ! V 3

% !b

3 +#
&

! h+

S= 5 ! > 3 ; 0S

5 ! > ! C :]S 1e! 1D

j1 : = V

J

$% !M

0+D

K 1e! C;

$%

+

R 3

5

0S

J

5 !l !*9
R ! %

I 5 3ˆ D 0B K

; 3 7

- % 1V : A ; :

&
5

!?

C:

!*]H

%

3 +#
&

! 1 :]S :R *%
$%

&

AO

+
#1

C:
&
4+% K !*W

!*+

K
7

"H :5

! "#$


1

5 ! > 0<%

B

= [

9 1 ! f
C:

! =

1("( C 3
v+
"

V

!M
3

8

0&1

C; 3 [

+!

3
J

K !M :5 5
@% 0

$%

&

!*+

3

&

$%

%

7

!< 5 $%

g

K !b

"V

&

0B

0 1 !b

+

+D! :

C

W

! !

+ ^ :7

&

5

]! ;3 7

3

!< 5

! = v+ JCK R = # Q

1

0W - %

G = & ![

? - C 17
4+%

F
+D! :

0B

J

4

G :#1 A#+ % !+

5 ! > :% 4D

!< 5 S= 0k !*+

B

*$ *+

!< 5 0 Qh1 QZ! 1V

53 # b

O :<

&
!< 5

:]S

2

*$ *+

%C 3 7

T> :+ 0],

- C;! :O

], !% ! ],

Qh1 QZ!

%

!^

3

&

!^ ! ! = !
1V

&

!D+ *% ! ?

+ 1V 0S
JCK

S=

!;K !

!< 5 $%

?

1 ! - C 17
)H

+

!*+

G1 !*+

3

2

W

$% 1 !

"< ![

F

!< 5 $%

0B "E 0 1

4+%

!

3 53 b

*$ *+ 3

;! "V - % !*9

3

&

!*D

1V *$ *+ ! [

!< 5 0 :> A8 :X=
2

0 1 !b

!D+ 0S

&

:O

& !

+D! :

$%

$%

:R !]

0B

3 # b
5

- % !*9

S= 0 1 !

O :<

1

I J

b

&

A%+

!

G= P ![ 4P

!< 5 ! [

S=

$% A#

1V

!< 5 S= 0k

!< 5 !*+

3;! ! "#

1

]n !^

0W
!?

G B
I K !^

#1 !

&

? 3 +# 1P
! "#

!^

!

"# *$ *+
• ‡c " !

C:

+e 0c " ! A
!*+

0c " ! A

:
! [

$%

n
- &

- & K
&

&

5 ! > ![
+ !M

51

= & ![
!*+

0c " ! A
(8

5! >! C

! , 3ˆ :> :]% *%

= ]

- &

+ !^

B "< ! %C :^
= [

+

G

C

# - C;!

S=

/

! "#$


(

l ! W !*W ! ],

:]S - C 17 !b

!*]H

+e "+ "
G 1P ! W

l!W

C:

C:
1

&

?

]B

• ~

!< 5 !*+
FG = #

! %

3

0]S

3

D

C ! ],

0]S

*$ *+ 1

- C 17 $%

!l 0G

!< 5 :

C :> :#1 A#+

! C :]S 1
&

&

?

I J

!^ ! ! $%

1 ! 1e! 3 7

3

! "# n !l 0G

F G - C :O

&

G 1H *

G B !^

A8 :X=

&

)%"h0 :c *% :, - C :O

:c 5

:> ! C :]S 1V : ! <

:]S 4 C !* H 1V : ^ :O

- %

3 # b

+

!< 5

G= :O

1

!*# $%

!+
;

?

:c :? *% p< A ; :
C:

:O

%1 3;! +

% !+

3ˆ !*]B :> ! C

% !b

H
B 19

C

K "< ! %C :^

3; +D

0 ! !3

5

2% 3ˆ

C:

B

:]S :

:]S "+ "

T>

!< 5 $%

0W

G

2%

= #

O K 1e!

# - C;!

:?

CK

+ :;

%C

/ K

:

4<

G=

:R

;

&

? ! %C :^
G= :O

•
!*2 0 W A%

)%"h0 ? ! W

zq 8

u B ! CW A
G= :

B :D A >

G= :O
C :]S

= D1

- C?

:]S ! <

" A

= 4P
V

h+

G= :O

-

$%

N 1B

?

&

( + :;

%CK

!;

b1

% 7

B
-

!;n

-

? !W
:

D !]

G

N

2

CK

G= :O

)%"h0K

K !^

V !

[

!*+

:?

l

! %C :^

&

:]S

U

%!

% 0+D n
+ ‡+D

`

"Han A%+

^ = ; ] :c 3 7
Q

:O

3 7

+ ‡+D
+!

![
![

`

W (

A^ "

^ = ; ] :c !*
![ = ;
= R

3 +#

J

P

\ K!
!;

$% 7
=K

S4

J 3 7
!C + K !

%K
"#

7

!C

1 3 +# 1P 4< = 6
S! V

P

K 0S

J= !M 7

3 +#

D K ^ = ; ] :c ![
7

$%

0 q @
!B 4%

7

1 ^ = ; ! ],

D 3

0 q @
1%

S

!^ ! ! !M

+ %C

+ = Z=

C> :^ K

; 3 7

!*# ^ !V K

:e : >1 $%

^

S

! "#$

2

CW

R

?

+ l 0G

2%

+ l 0G

2% !^

A%+

1n

"H "+ B !^

!

"# ! h+ !l 0G *$ *+ [!

!= #

:D! €

! > :D! /€K !*+

:5

[

$%

Q

:

!

*+

+F

:O

:]S 48
$% !^

V ![ 4P
3

!
= R
1

- # 0k

!l

$% !M

xT

G A%

#

V :> Q

1

!^

{x C :O

V ![ 4P

1

=

] "% n
: ? 0GK

G= PK 0S
B

?

| A%

V ![ 4P

A = J

:O

€= R

! W1 $%

$% = = 0 J!K !*
= !

J 3 7

D 1 %K :R !]

!*O !b

0+D

V

= ;

! W1 $% !

3 +

%

+!

- C 17 !
1 #!

"#

:O

C> :^

+e

K
0D

^ = ; ] :c 4+ !^
! :O

K

7

P

! :O
"# ! h+ !l 0G *$ *+n !^
"#

!l 0G *$ *+ (5 * !

] *$ *+ ![ 4P

"#

:R !] :]S :O

! Y% 1c 1 ! " : ? 3 G

"# A%+

! h+

?

K - q :R !] = ! !* >

= n

• T+ 0],
l

:O

: ? 0GK - q 4< !*2 A^ "

! Y% 1c 1 ! " : ? 3 G

*$ *+ 0 !

Q

1P ŒŒ - C;! :O

!< 5 $% !^

0 1 b

!*O !b

! h+ - C :O

!< 5

@%

V ![ 4P

+F
€= R

0+D

R = # :O

$%

+D! :

:5K !

[

€

C0

!;

]B

!*+

= n A%+
!

:% 0

G= :O

&

b1

= %

"# ! h+ !l 0G *$ *+ !

+D A#

!ƒ 0G A#+ :#1 % !+

=

G

0G -

!

D !

!< 5n ! h+ : ?

$%

F

B

G ! <

A#

• F?

- q 4< = 6

:]S

! h+ ! 7

0G *$ *+ $% ! "#

C

!< 5 !*W !^

0+D

R1 - % !*9
1 !

"

A#

!

"#

? 0+D *$ *+ 1

!

"# ! h+ 1V :
+D A#

&

= #

K *$ *+ :R !]K *$ *+ 0c " !K *$ *+

! h+ : *$ *+K 1f 0+D ! "# "E !]

V

B 1 ! G"

:]S : ?

+D

gk
ˆ

C> :^

! "#$