# GOLDMAN SACHS & CO. LLC X-17A-5 (2025-02-27) — Broker-dealer annual report

- Company: GOLDMAN SACHS & CO. LLC
- Form: X-17A-5
- Filed: 2025-02-27
- Period: 2024-12-31
- Accession: 0000042352-25-000006
- CIK: 42352
- File #: 8-00129
- Type: Broker-dealer
- Material weakness: No
- Auditor: PricewaterhouseCoopers LLP
- Auditor location: New York, NY
- Contact: Thomas J. Favia
- Phone: 2129021710
- Email: a52@a.aba
- Website: a.aba
- Signed by: Brian Doyle (Chief Financial Officer)

Original filing: https://www.sec.gov/Archives/edgar/data/42352/000004235225000006/gscopub1.pdf

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| <br>                                   |                                                                             |         |
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| <;@<961.A21'A.A2:2;A<36;.;06.9<;16A6<; |                                                                             |         |
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| #<A2                                   | 2@0?6=A6<;<3B@6;2@@                                                         |         |
| #<A2                                   | .@6@<3%?2@2;A.A6<;                                                          |         |
| #<A2                                   | '64;6360.;A00<B;A6;4%<96062@                                                |         |
| #<A2                                   | .6?*.9B2"2.@B?2:2;A@                                                        |         |
| #<A2                                   | .6?*.9B262?.?05F                                                            |         |
| #<A2                                   | 6;.;06.9;@A?B:2;A@\$D;21.;16;.;06.9;@A?B:2;A@'<91BA#<A-2A%B?05.@21          |         |
| #<A2                                   | 2?6C.A6C2@.;12146;40A6C6A62@                                                |         |
| #<A2                                   | .6?*.9B2\$=A6<;                                                             |         |
| #<A2                                   | <99.A2?.96G214?22:2;A@.;16;.;06;4@                                          |         |
| #<A2                                   | \$A52?@@2A@                                                                 |         |
| #<A2                                   | );@20B?21<??<D6;4@                                                          |         |
| #<A2                                   | 'B/<?16;.A21<??<D6;4@                                                       |         |
| #<A2                                   | \$A52?!6./696A62@                                                           |         |
| #<A2                                   | '20B?6A6G.A6<;0A6C6A62@                                                     |         |
| #<A2                                   | *.?6./92;A2?2@A;A6A62@                                                      |         |
| #<A2                                   | <::6A:2;A@<;A6;42;062@.;1B.?.;A22@                                          |         |
| #<A2                                   | (?.;@.0A6<;@D6A5&29.A21%.?A62@                                              |         |
| #<A2                                   | ;0<:2(.E2@                                                                  |         |
| #<A2                                   | ?216A<;02;A?.A6<;@                                                          |         |
| #<A2                                   | !24.9%?<02216;4@                                                            |         |
| #<A2                                   | #2A.=6A.9&2>B6?2:2;A@                                                       |         |
| #<A2                                   | :=9<F222;236A%9.;@                                                          |         |
| #<A2                                   | :=9<F22;02;A6C2%9.;@                                                        |         |
| #<A2                                   | 'B/@2>B2;AC2;A@                                                             |         |
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## **Report of Independent Registered Public Accounting Firm**

To the Board of Managers and Members of Goldman Sachs & Co. LLC:

### *Opinion on the Financial Statement – Consolidated Statement of Financial Condition*

We have audited the accompanying consolidated statement of financial condition of Goldman Sachs & Co. LLC and its subsidiaries (the "Firm") as of December 31, 2024, including the related notes (collectively referred to as the "consolidated financial statement"). In our opinion, the consolidated financial statement presents fairly, in all material respects, the financial position of the Firm as of December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

### *Basis for Opinion*

The consolidated financial statement is the responsibility of the Firm's management. Our responsibility is to express an opinion on the Firm's consolidated financial statement based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Firm in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit of this consolidated financial statement in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statement is free of material misstatement, whether due to error or fraud.

Our audit included performing procedures to assess the risks of material misstatement of the consolidated financial statement, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statement. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as, evaluating the overall presentation of the consolidated financial statement. We believe that our audit provides a reasonable basis for our opinion.

## *Supplemental Information*

The accompanying Supplemental Financial Information Pursuant to Regulation 1.10 of the Commodity Exchange Act as of December 31, 2024 (the "supplemental information") has been subjected to audit procedures performed in conjunction with the audit of the Firm's consolidated financial statement. The supplemental information is the responsibility of the Firm's management. Our audit procedures included determining whether the supplemental information reconciles to the consolidated financial statement or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with Regulation 1.10 under the Commodity Exchange Act. In our opinion, the Supplemental Financial Information Pursuant to Regulation 1.10 of the Commodity Exchange Act is fairly stated, in all material respects, in relation to the consolidated financial statement as a whole.

New York, New York February 27, 2025

We have served as the Firm's auditor since 1922.

PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, New York 10017 T: (646) 471 3000, www.pwc.com/us

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| <br>! %                                                               | 1/19.1> |     |
| ??1@?                                                                 |         |     |
| 0B7                                                                   | <br>    |     |
| >;;0C4A0;8I4306A44<4=CB                                               |         |     |
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| (42DA8C84B1>AA>F438=2;D34B<br>0C508AE0;D4                             |         |     |
| '4248E01;4B                                                           |         |     |
| A>:4AB340;4AB0=32;40A8=6>A60=8I0C8>=B                                 |         |     |
| DBC><4AB0=32>D=C4A?0AC84B8=2;D34B<br>0C508AE0;D4                      |         |     |
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| %C74A0BB4CB                                                           |         |     |
| ';@-8-??1@?                                                           | <br>    |     |
|                                                                       |         |     |
| 5-.585@51?-:0919.1>H?1=A5@E                                           |         |     |
| >;;0C4A0;8I4358=0=28=6B                                               |         |     |
| (42DA8C84BB>;3D=34A06A44<4=CBC>A4?DA270B40C508AE0;D4                  | <br>    |     |
| (42DA8C84B;>0=438=2;D34B<br>0C508AE0;D4                               |         |     |
| %C74AB42DA4358=0=28=6B8=2;D34B<br>0C508AE0;D4                         |         |     |
| &0H01;4B                                                              |         |     |
| A>:4AB340;4AB0=32;40A8=6>A60=8I0C8>=B                                 |         |     |
| DBC><4AB0=32>D=C4A?0AC84B                                             |         |     |
| 8=0=280;8=BCAD<4=CBB>;31DC=>CH4C?DA270B430C508AE0;D4                  |         |     |
| *=B42DA43B7>AC	C4A<1>AA>F8=6B8=2;D34B<br>0C508AE0;D4                  |         |     |
| *=B42DA43;>=6	C4A<1>AA>F8=6B                                          |         |     |
| %C74A;8018;8C84B                                                      |         |     |
| (D1>A38=0C431>AA>F8=6B                                                |         |     |
| )>C0;;8018;8C84B                                                      |         |     |

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| .6?*.9B2"2.@B?2:2;A@                                                   | #<A2 |
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| .6?*.9B262?.?05F                                                       | #<A2 |
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| 2?6C.A6C2@.;12146;40A6C6A62@                                           | #<A2 |
| .6?*.9B2\$=A6<;                                                        | #<A2 |
| <99.A2?.96G214?22:2;A@.;16;.;06;4@                                     | #<A2 |
| \$A52?@@2A@                                                            | #<A2 |
| );@20B?21<??<D6;4@                                                     | #<A2 |
| 'B/<?16;.A21<??<D6;4@                                                  | #<A2 |
| \$A52?!6./696A62@                                                      | #<A2 |
| '20B?6A6G.A6<;0A6C6A62@                                                | #<A2 |
| *.?6./92;A2?2@A;A6A62@                                                 | #<A2 |
| <::6A:2;A@<;A6;42;062@.;1B.?.;A22@                                     | #<A2 |
| (?.;@.0A6<;@D6A5&29.A21%.?A62@                                         | #<A2 |
| ;0<:2(.E2@                                                             | #<A2 |

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| )>C0;;8018;8C84B                        |          |
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{15}------------------------------------------------

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## **1>5B-@5B1?**

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| ?;21/19.1> |                                      |      |                                                |  |                                                                |                                                                                     |
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|            |                                      |      | 1B18                                           |  | 1B18                                                           | ';@-8                                                                               |
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|            |                                      |      |                                                |  |                                                                | <br>                                                                                |
|            |                                      |      |                                                |  |                                                                | <br>                                                                                |
|            |                                      |      |                                                |  |                                                                | <br><br>                                                                            |
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| G270=64	CA0343                                          | <br> |                     |  |            |  |  |  |  |
| %)	2;40A43                                              |      |                     |  |            |  |  |  |  |
| 8;0C4A0;%)                                              |      |                     |  |            |  |  |  |  |
| ';@-85:@1>1?@>-@1?                                      |      |                     |  |            |  |  |  |  |
| 8;0C4A0;%)                                              |      |                     |  |            |  |  |  |  |
| ';@-8/>105@                                             |      |                     |  |            |  |  |  |  |
| 8;0C4A0;%)                                              |      |                     |  |            |  |  |  |  |
| ';@-8/A>>1:/51?                                         |      |                     |  |            |  |  |  |  |
| G270=64	CA0343                                          |      |                     |  | G          |  |  |  |  |
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| ';@-8/;99;05@51?                                        |      |                     |  |            |  |  |  |  |
| G270=64	CA0343                                          |      |                     |  |            |  |  |  |  |
| 8;0C4A0;%)                                              |      |                     |  |            |  |  |  |  |
| ';@-81=A5@51?                                           |      |                     |  |            |  |  |  |  |
| ';@-83>;??2-5>B-8A1                                     | <br> |                     |  |            |  |  |  |  |
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| G270=64	CA0343                                          | <br> |                     |  |            |  |  |  |  |
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| ';@-8-9;A:@?;22?1@                                      | <br> |                     |  |            |  |  |  |  |
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| G270=64	CA0343                                          | <br> |                     |  |            |  |  |  |  |
| %)	2;40A43                                              |      | G                   |  |            |  |  |  |  |
| 8;0C4A0;%)                                              |      |                     |  |            |  |  |  |  |
| ';@-8                                                   | <br> |                     |  |            |  |  |  |  |
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| 0B72>;;0C4A0;                                           | <br> |                     |  |            |  |  |  |  |
| (42DA8C84B2>;;0C4A0;                                    |      |                     |  |            |  |  |  |  |
| ';@-8                                                   | <br> |                     |  |            |  |  |  |  |

{19}------------------------------------------------

# **";@1?@;;:?;850-@10&@-@191:@;25:-:/5-8;:05@5;:**

|                         | ";@5;:-89;A:@?-?;2 |  |  |
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| <br>! %                 | 1/19.1>            |  |  |
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| G270=64	CA0343          | <br>               |  |  |
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;A52A./92@./<C2

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### **>105@1>5B-@5B1?**

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{20}------------------------------------------------

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| ?;21/19.1>                                                 |                                   |        |  |  |  |  |  |      |  |       |
|------------------------------------------------------------|-----------------------------------|--------|--|--|--|--|--|------|--|-------|
|                                                            | >105@&<>1-0;:(:01>851>.-?5?<;5:@? |        |  |  |  |  |  |      |  |       |
|                                                            |                                   | >1-@1> |  |  |  |  |  |      |  |       |
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| <br>! %                                                    |                                   |        |  |  |  |  |  |      |  | ';@-8 |
| !-D59A9\$-E;A@";@5;:-89;A:@;2*>5@@1:>105@1>5B-@5B1?.E'1:;> |                                   |        |  |  |  |  |  |      |  |       |
| "4BBC70= H40A                                              |                                   |        |  |  |  |  |  |      |  |       |
| H40AB                                                      |                                   |        |  |  |  |  |  |      |  |       |
| A40C4AC70=H40AB                                            |                                   |        |  |  |  |  |  |      |  |       |
| ';@-8                                                      |                                   |        |  |  |  |  |  |      |  |       |
| !-D59A9\$-E;A@";@5;:-89;A:@;2\$A>/4-?10>105@1>5B-@5B1?     |                                   |        |  |  |  |  |  |      |  |       |
|                                                            |                                   |        |  |  |  |  |  |      |  |       |
| %55B4CC8=6                                                 |                                   |        |  |  |  |  |  |      |  |       |
| %C74A                                                      |                                   |        |  |  |  |  |  |      |  |       |
| ';@-8                                                      |                                   |        |  |  |  |  |  |      |  |       |
| -5>)-8A1;2*>5@@1:>105@1>5B-@5B1?                           |                                   |        |  |  |  |  |  |      |  |       |
| BB4C                                                       | <br>                              |        |  |  |  |  |  |      |  |       |
| "8018;8CH                                                  |                                   |        |  |  |  |  |  |      |  |       |
| "1@-??1@85-.585@E                                          | <br>                              |        |  |  |  |  |  |      |  |       |

;A52A./92./<C2

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# **1>5B-@5B1?C5@4>105@ %18-@10;:@5:31:@1-@A>1?**

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|                                                   | ?;2      |
|---------------------------------------------------|----------|
| <br>! %                                           | 1/19.1>  |
| \$4C34A8E0C8E4;8018;8C84BD=34A18;0C4A0;06A44<4=CB | <br><br> |
| >;;0C4A0;?>BC43                                   | <br><br> |

### **";@1**

# **-5>)-8A1#<@5;:**

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{21}------------------------------------------------

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### **;:3 '1>91.@:?@>A91:@?**

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|                                                       | ?;21/19.1> |            |  |            |            |            |  |            |
|-------------------------------------------------------|------------|------------|--|------------|------------|------------|--|------------|
|                                                       | ??1@?      |            |  |            | 5-.585@51? |            |  |            |
|                                                       |            | %1?-81     |  | &1/A>5@51? |            | %1<A>/4-?1 |  | &1/A>5@51? |
| <br>! %                                               |            | -3>1191:@? |  | .;>>;C10   |            | -3>1191:@? |  | 8;-:10     |
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| A>BB20AAH8=6E0;D4                                     | <br>       |            |  |            | <br>       |            |  |            |
| >D=C4A?0ACH=4CC8=6                                    |            |            |  | G          |            |            |  | G          |
| ';@-8                                                 |            |            |  |            |            |            |  |            |
| <>D=CB=>C>55B4C                                       |            |            |  |            |            |            |  |            |
| ';@-8                                                 | <br>       |            |  | <br>       | <br>       |            |  |            |

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|                                               | ?;21/19.1> |  |  |            |  |
|-----------------------------------------------|------------|--|--|------------|--|
|                                               | %1<A>/4-?1 |  |  | &1/A>5@51? |  |
| <br>! %                                       | -3>1191:@? |  |  | 8;-:10     |  |
| #>=4H<0A:4C8=BCAD<4=CB                        | <br>       |  |  | <br>G      |  |
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| (42DA8C84B102:431HA4B834=C80;A40;4BC0C4       |            |  |  |            |  |
| >A?>A0C4341CB42DA8C84B                        |            |  |  |            |  |
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| %C74A341C>1;860C8>=B                          |            |  |  | G          |  |
| @D8CHB42DA8C84B                               |            |  |  |            |  |
| ';@-8                                         | <br>       |  |  | <br>       |  |

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|                               | ?;21/19.1> |                          |  |                      |
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| <br>! %                       |            | %1<A>/4-?1<br>-3>1191:@? |  | &1/A>5@51?<br>8;-:10 |
| \$>BC0C43<0CDA8CH0=3>E4A=867C | <br>       |                          |  |                      |
| 30HB                          |            |                          |  |                      |
| 30HB                          |            |                          |  |                      |
| 30HB	 H40A                    |            |                          |  |                      |
| A40C4AC70= H40A               |            |                          |  | G                    |
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|                                      |         | ?;2 |
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| <br>! %                              | 1/19.1> |     |
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| C74A405C4A                           |         |     |
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| &DA270B438=C4A4BCB<br><br>                                                                                                                                                             |
| 41C0=34@D8CH<br><br>                                                                                                                                                                   |
| ';@-8<br><br><br>                                                                                                                                                                      |

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|                                        |         | ?;2 |
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| <br>! %                                | 1/19.1> |     |
| !;>@3-31	.-/710                        |         |     |
| BB4CB8=+ B                             | <br>    |     |
| 0AAH8=6E0;D4>5E0A801;48=C4A4BCB	0BB4CB | <br>    |     |
| !-D59A91D<;?A>1@;8;??                  |         |     |
| '4C08=438=C4A4BCB                      | <br>    |     |
| &DA270B438=C4A4BCB                     |         |     |
| ';@-8                                  | <br>    |     |
| %1-81?@-@1                             |         |     |
| BB4CB8=+ B                             | <br>    |     |
| 0AAH8=6E0;D4>5E0A801;48=C4A4BCB	0BB4CB | <br>    |     |
| !-D59A91D<;?A>1@;8;??                  |         |     |
| 41C0=34@D8CH                           | <br>    |     |
| ';@-8                                  | <br>    |     |
| ;><;>-@101.@-:0;@41>-??1@	.-/710       |         |     |
| BB4CB8=+ B                             | <br>    |     |
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| !-D59A91D<;?A>1@;8;??                  |         |     |
| &DA270B438=C4A4BCB                     | <br>    |     |
| ';@-8                                  | <br>    |     |

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| C74A405C4A                                      |            | G          |      | G          |  |  |
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| (42DA8C84B1>AA>F43                        |         |     |
| '4248E01;4B                               |         |     |
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| %C74A0BB4CB                               |         |     |
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| (42DA8C84B;>0=43                          |         |     |
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| &0H01;4B                                  |         |     |
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| %C74A;8018;8C84B                          |         |     |
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| ';@-8                                     | <br>    |     |

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| \$4C;4364A10;0=24                                                             |              |
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| <br>0B7                                                                       | <br>         |
| <br>(42DA8C84B0C<0A:4C                                                        |              |
| <br>\$4CD=A40;8I43?A>58C;>BB8=>?4=5DCDA4B2>=CA02CBCA0343>=02>=CA02C<0A:4C     | <br>         |
| <br>G270=64CA0343>?C8>=B                                                      |              |
| <br>33<0A:4CE0;D4>5>?4=>?C8>=2>=CA02CB?DA270B43>=02>=CA02C<0A:4C              |              |
| <br>43D2C<0A:4CE0;D4>5>?4=>?C8>=2>=CA02CB6A0=C43B>;3>=02>=CA02C<0A:4C         |              |
| <br>\$4C4@D8CH345828C033;8=4B 0=3                                             |              |
| <br>22>D=CB;8@D830C8=6C>0345828C0=3022>D=CBF8C73418C10;0=24BK6A>BB0<>D=C      | <br>         |
| "4BB0<>D=C>55B4C1H2DBC><4A>F=43B42DA8C84B                                     | <br><br><br> |
| <br><>D=CA4@D8A43C>14B46A460C43033;8=4B0=3                                    | <br>         |
| A:0?5:&13>13-@10//;A:@?                                                       |              |
| <br>4?>B8C438=B46A460C435D=3B10=:022>D=CB                                     |              |
| <br>0B7                                                                       | <br>         |
| <br>(42DA8C84BA4?A4B4=C8=68=E4BC<4=CB>52DBC><4ABL5D=3B0C<0A:4C                | <br>G        |
| <br>(42DA8C84B74;35>A?0AC82D;0A2DBC><4AB>A>?C8>=2DBC><4AB8=;84D>520B70C<0A:4C | <br>         |
| <br>#0A68=B>=34?>B8CF8C734A8E0C8E4B2;40A8=6>A60=8I0C8>=B>52>=CA02C<0A:4CB     |              |
| <br>0B7                                                                       | <br>         |
| <br>(42DA8C84BA4?A4B4=C8=68=E4BC<4=CB>52DBC><4ABL5D=3B0C<0A:4C                |              |
| <br>(42DA8C84B74;35>A?0AC82D;0A2DBC><4AB>A>?C8>=2DBC><4AB8=;84D>520B70C<0A:4C |              |
| <br>\$4CB4CC;4<4=C5A><C>34A8E0C8E4B2;40A8=6>A60=8I0C8>=B>52>=CA02C<0A:4CB     | <br>         |
| G270=64CA0343>?C8>=B                                                          |              |
| <br>+0;D4>5>?4=;>=6>?C8>=2>=CA02CB                                            |              |
| <br>+0;D4>5>?4=B7>AC>?C8>=2>=CA02CB                                           |              |
| \$4C4@D8C84BF8C7>C74A#B                                                       |              |
| <br>\$4C;8@D830C8=64@D8CH                                                     | <br>         |
| <br>(42DA8C84BA4?A4B4=C8=68=E4BC<4=CB>52DBC><4ABL5D=3B0C<0A:4C                | <br>G        |
| <br>(42DA8C84B74;35>A?0AC82D;0A2DBC><4AB>A>?C8>=2DBC><4AB8=;84D>520B70C<0A:4C | <br>G        |
| <br>(46A460C435D=3B>=70=3                                                     | <br>G        |
| <br>)>C0;0<>D=C8=B46A460C8>=033;8=4BC7A>D67                                   |              |
| <br>G24BB3458284=2H5D=3B8=B46A460C8>=BD1CA02C;8=45A><;8=4                     | <br>         |
| <br>#0=064<4=CC0A64C0<>D=C5>A4G24BB5D=3B8=B46A460C8>=                         | <br>         |
| <br>G24BB3458284=2H5D=3B8=B46A460C8>=>E4AD=34A<0=064<4=CC0A64C0<>D=C4G24BB    | <br><br>     |

{36}------------------------------------------------

%"#\$((% ""\$(\*( ' (

**&A<<8191:@-85:-:/5-8:2;>9-@5;:\$A>?A-:@@;%13A8-@5;: ;2@41;99;05@ED/4-:31/@**

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())#\$) (\$%)&&" "

{37}------------------------------------------------

#### **&@-@191:@;2&1/A>109;A:@?-:0A:0?1805:&1<->-@1//;A:@?\$A>?A-:@@;;995??5;:%13A8-@5;:**

B>5424<14A
  *! %*

#### **;>153:A@A>1?-:0;>153:#<@5;:?&1/A>109;A:@?**

| <>D=CA4@D8A43C>14B4C0B834?DABD0=CC>;0FAD;4>AA46D;0C8>=>505>A486=6>E4A=<4=C>A0AD;4>50B4;5	A46D;0C>AH |           |
|-----------------------------------------------------------------------------------------------------|-----------|
| >A60=8I0C8>=0DC7>A8I43C74A4D=34A                                                                    | <br><br>G |
| \$4C;4364A10;0=24K5>A486=5DCDA4B0=35>A486=>?C8>=CA038=6K0;;2DBC><4AB                                |           |
| <br>0B7                                                                                             | <br>      |
| <br>(42DA8C84B0C<0A:4C                                                                              | <br>      |
| <br>\$4CD=A40;8I43?A>58C;>BB8=>?4=5DCDA4B2>=CA02CBCA0343>=05>A486=1>0A3>5CA034                      | <br>      |
| <br>G270=64CA0343>?C8>=B                                                                            |           |
| <br>#0A:4CE0;D4>5>?4=>?C8>=2>=CA02CB?DA270B43>=05>A486=1>0A3>5CA034                                 | <br>      |
| <br>#0A:4CE0;D4>5>?4=2>=CA02CB6A0=C43B>;3>=05>A486=1>0A3>5CA034                                     | <br>      |
| <br>\$4C4@D8CH345828C033;8=4B 0=3                                                                   | <br>      |
| <br>22>D=CB;8@D830C8=6C>0345828C0=3022>D=CBF8C73418C10;0=24BK6A>BB0<>D=C<br><br><br>                |           |
| "4BB0<>D=C>55B4C1H2DBC><4A>F=43B42DA8C84B<br><br>                                                   | <br>      |
| <br><>D=CA4@D8A43C>14B4C0B8340BC74B42DA430<>D=CK=4C;8@D830C8=64@D8CH<4C7>3033;8=4B0=3               | <br>      |
| <br>A40C4A>50<>D=CA4@D8A43C>14B4C0B834?DABD0=CC>5>A486=9DA8B382C8>=01>E4>A;8=4                      | <br>      |

{38}------------------------------------------------

**&@-@191:@;2&1/A>109;A:@?-:0A:0?1805:&1<->-@1//;A:@?\$A>?A-:@@;;995??5;:%13A8-@5;:** 

B>5424<14A
  *! %*

#### **A:0?1<;?5@105:&1<->-@1
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| 0B78=10=:B                                                                           |          |          |
|--------------------------------------------------------------------------------------|----------|----------|
| <br>0=:B;>20C438=C74*=8C43(C0C4B                                                     | <br><br> |          |
| <br>%C74A10=:B@D0;85843D=34A'46D;0C8>=<br>                                           | <br>     | <br>     |
| <br>(42DA8C84B                                                                       |          |          |
| <br>=B054:44?8=6F8C710=:B;>20C438=C74*=8C43(C0C4B                                    | <br>     |          |
| <br>=B054:44?8=6F8C7>C74A10=:B@D0;85843D=34A'46D;0C8>=<br>                           | <br>G    | <br>     |
| <br>@D8C84BF8C7A468BC4A435DCDA4B2><<8BB8>=<4A270=CB                                  |          |          |
| <br>0B7                                                                              | <br>G    |          |
| <br>(42DA8C84B                                                                       | <br>G    |          |
| <br>*=A40;8I43608=;>BB>=>?4=5DCDA4B2>=CA02CB                                         | <br>G    |          |
| <br>+0;D4>5;>=6>?C8>=2>=CA02CB                                                       | <br>G    |          |
| +0;D4>5B7>AC>?C8>=2>=CA02CB                                                          | <br>G    | <br>G    |
| <br><>D=CB74;31H2;40A8=6>A60=8I0C8>=B>55>A486=1>0A3B>5CA034                          |          |          |
| <br>0B7                                                                              | <br>G    |          |
| <br>(42DA8C84B                                                                       | <br>G    |          |
| <br><>D=C3D4C>5A><2;40A8=6>A60=8I0C8>=B	308;HE0A80C8>=                               | <br>G    |          |
| <br>+0;D4>5;>=6>?C8>=2>=CA02CB                                                       | <br>G    |          |
| +0;D4>5B7>AC>?C8>=2>=CA02CB                                                          | <br>G    | <br>G    |
| <br><>D=CB74;31H<4<14AB>55>A486=1>0A3B>5CA034                                        |          |          |
| <br>0B7                                                                              | <br>     |          |
| <br>(42DA8C84B                                                                       | <br>     |          |
| <br>*=A40;8I43608=;>BB>=>?4=5DCDA4B2>=CA02CB                                         | <br>     |          |
| <br>+0;D4>5;>=6>?C8>=2>=CA02CB                                                       | <br>     |          |
| +0;D4>5B7>AC>?C8>=2>=CA02CB                                                          | <br>     | <br>     |
| <br><>D=CBF8C7>C74A34?>B8C>A84B34B86=0C431H05>A486=1>0A3>5CA034                      |          | <br>G    |
| <br>(46A460C435D=3B>=70=3                                                            |          | <br>G    |
| <br>)>C0;5D=3B8=B4?0A0C4 '<br>022>D=CB                                               |          | <br>     |
| <br>G24BB3458284=2HB4C0B8345D=3B5>AB42DA430<>D=CBD1CA02C;8=4B42DA43BC0C4<4=C5A><;8=4 |          | <br>     |
| #0=064<4=CC0A64C0<>D=C5>A4G24BB5D=3B8=B4?0A0C4 '<br>022>D=CB                         |          | <br>     |
| G24BB3458284=2H5D=3B8=B4?0A0C4 '<br>022>D=CB>E4AD=34A<0=064<4=CC0A64C                |          | <br><br> |

{39}------------------------------------------------

# **&@-@191:@ ;2 81->10 &C-<? A?@;91> &13>13-@5;: %1=A5>191:@? -:0 A:0? 5: 81->10 &C-<? A?@;91> //;A:@?(:01>02;2@41**

B>5424<14A
  *! %*

#### **81->10&C-<?A?@;91>%1=A5>191:@?**

| \$4C;4364A10;0=24                                                                                |          |          |  |
|--------------------------------------------------------------------------------------------------|----------|----------|--|
| <br>0B7                                                                                          |          | <br><br> |  |
| <br>(42DA8C84B0C<0A:4C                                                                           |          |          |  |
| <br>\$4CD=A40;8I43?A>58C;>BB8=>?4=2;40A43BF0?B                                                   |          |          |  |
| <br>;40A43BF0?B>?C8>=B                                                                           |          |          |  |
| <br>#0A:4CE0;D4>5>?4=2;40A43BF0?B>?C8>=2>=CA02CB?DA270B43                                        |          | <br>G    |  |
| <br>#0A:4CE0;D4>5>?4=2;40A43BF0?B>?C8>=2>=CA02CB6A0=C43B>;3                                      |          | <br>G    |  |
| <br>\$4C4@D8CH345828C033;8=4B 0=3                                                                |          |          |  |
| <br>22>D=CB;8@D830C8=6C>0345828C0=3022>D=CBF8C73418C10;0=24BK6A>BB0<>D=C                         | <br><br> |          |  |
| "4BB0<>D=C>55B4C1H2DBC><4A>F=43B42DA8C84B                                                        | <br>     | <br>G    |  |
| <br><>D=CA4@D8A43C>14B46A460C435>A2;40A43BF0?B2DBC><4AB033;8=4B0=3                               |          | <br>     |  |
| A:0?5:81->10&C-<?A?@;91>&13>13-@10//;A:@?                                                        |          |          |  |
| <br>4?>B8C438=2;40A43BF0?B2DBC><4AB46A460C43022>D=CB0C10=:B                                      |          |          |  |
| <br>0B7                                                                                          |          | <br><br> |  |
| <br>(42DA8C84BA4?A4B4=C8=68=E4BC<4=CB>52;40A43BF0?B2DBC><4ABL5D=3B0C<0A:4C                       |          | <br>     |  |
| <br>(42DA8C84B74;35>A?0AC82D;0A2;40A43BF0?B2DBC><4AB8=;84D>520B70C<0A:4C                         |          | <br>     |  |
| <br>#0A68=B>=34?>B8CF8C734A8E0C8E4B2;40A8=6>A60=8I0C8>=B8=2;40A43BF0?B2DBC><4AB46A460C43022>D=CB |          |          |  |
| <br>0B7                                                                                          |          | <br>     |  |
| <br>(42DA8C84BA4?A4B4=C8=68=E4BC<4=CB>52;40A43BF0?B2DBC><4ABL5D=3B0C<0A:4C                       |          |          |  |
| <br>(42DA8C84B74;35>A?0AC82D;0A2;40A43BF0?B2DBC><4AB8=;84D>520B70C<0A:4C                         |          |          |  |
| <br>\$4CB4CC;4<4=C5A><C>34A8E0C8E4B2;40A8=6>A60=8I0C8>=B                                         |          | <br>     |  |
| ;40A43BF0?B>?C8>=B                                                                               |          |          |  |
| <br>+0;D4>5>?4=2;40A43BF0?B;>=6>?C8>=2>=CA02CB                                                   |          | <br>G    |  |
| <br>+0;D4>5>?4=2;40A43BF0?BB7>AC>?C8>=2>=CA02CB                                                  |          | <br>G    |  |
| \$4C4@D8C84BF8C7>C74A#B                                                                          |          |          |  |
| <br>\$4C;8@D830C8=64@D8CH                                                                        |          | <br>G    |  |
| <br>(42DA8C84BA4?A4B4=C8=68=E4BC<4=CB>52;40A43BF0?B2DBC><4ABL5D=3B0C<0A:4C                       |          | <br>G    |  |
| <br>(42DA8C84B74;35>A?0AC82D;0A2;40A43BF0?B2DBC><4AB8=;84D>520B70C<0A:4C                         |          | <br>G    |  |
| <br>;40A43BF0?B2DBC><4A5D=3B>=70=3                                                               |          | <br>G    |  |
| <br>)>C0;0<>D=C8=2;40A43BF0?B2DBC><4AB46A460C8>=033;8=4BC7A>D67                                  |          |          |  |
| <br>G24BB3458284=2H5D=3B8=2;40A43BF0?B2DBC><4AB46A460C8>=BD1CA02C;8=45A><;8=4                    |          | <br>     |  |
| <br>#0=064<4=CC0A64C0<>D=C5>A4G24BB5D=3B8=2;40A43BF0?BB46A460C43022>D=CB                         |          | <br>     |  |
| <br>G24BB3458284=2H5D=3B8=2;40A43BF0?B2DBC><4AB46A460C43022>D=CB>E4AD=34A<0=064<4=CC0A64C4G24BB  |          | <br><br> |  |
|                                                                                                  |          |          |  |


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