Q3 2016.

PT Duta Pertiwi Tbk
dan Entitas Anak/and its Subsidiaries
Laporan Keuangan Konsolidasian/
Consolidated Financial Statements
Pada Tanggal 30 September 2016 dan 31 Desember 2015
serta untuk Periode-periode Sembilan Bulan yang Berakhir
30 September 2016 dan 2015/
As of September 30, 2016 and December 31, 2015
and for the Nine-Month Periods Ended
September 30, 2016 and 2015

!
#

$

$

"

%


!

"&

! " #$
&

'(

! " #$

#! " #%

" #%

'
"

!

#

!

$

) *
" #%

&

%

"&
'(

! " #$

! " #$
" #%


#!

&
(

%
+

%

)

,

%

&

.


&
+

&
/0

*
"

&&

!

PT DUTA PERTIWI Tbk DAN ENTITAS ANAK
Laporan Posisi Keuangan Konsolidasian
30 September 2016 dan Desember 2015
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain)

PT DUTA PERTIWI Tbk AND ITS SUBSIDIARIES

Consolidated Statements of Financial Position
September 30, 2016 and December 31, 2015
(Figures are Presented in Rupiah, unless Otherwise Stated)

Catatan/
Notes

30 September/
September 30, 2016
(Tidak Diaudit/
Unaudited )

31 Desember/
December 31,
2015
(Diaudit/audited )

ASET

ASSETS


ASET LANCAR

CURRENT ASSETS

Kas dan setara kas
Investasi jangka pendek
Piutang usaha
Pihak berelasi
Pihak ketiga
Piutang lain-lain
Persediaan - setelah dikurangi cadangan kerugian
penurunan nilai masing-masing sebesar
Rp 22.137.024.658 dan Rp 21.612.283.651
pada tanggal 30 September 2016 dan 31 Desember 2015
Perlengkapan
Uang muka
Pajak dibayar dimuka
Biaya dibayar dimuka


4
5
6

7

8
9
10
11

Jumlah Aset Lancar

1.416.706.828.840
61.133.060.347

1.767.352.103.328
86.884.602.494

9.181.112.374

25.281.962.915
2.964.420.215

16.302.554.472
30.938.166.813
12.804.568.819

2.196.453.591.296
3.397.304.297
98.513.816.615
146.069.941.026
7.336.099.870

2.131.669.474.095
3.554.887.739
160.442.425.549
129.173.799.880
5.263.606.872

Cash and cash equivalents

Short-term investments
Trade accounts receivable
Related parties
Third parties
Other accounts receivable
Inventories - net of allowance for decline in value
of Rp 22,137,024,658 and Rp 21,612,283,651
as of September 30, 2016 and December 31,
2015, respectively
Supplies
Advances
Prepaid taxes
Prepaid expenses

3.967.038.137.795

4.344.386.190.061

Total Current Assets


ASET TIDAK LANCAR
Piutang usaha - pihak ketiga
Biaya dibayar dimuka
Investasi dalam saham
Tanah yang belum dikembangkan
Aset tetap - setelah dikurangi akumulasi penyusutan
masing-masing sebesar Rp 455.417.332.985 dan
Rp 428.056.450.174 pada tanggal 30 September 2016
dan 31 Desember 2015
Properti investasi - setelah dikurangi akumulasi
penyusutan masing-masing sebesar
Rp 417.129.941.391 dan Rp 384.885.740.693
pada tanggal 30 September 2016 dan 31 Desember 2015
Goodwill
Aset lain-lain

NONCURRENT ASSETS
6
11
12

13

5.877.282.178
8.179.656.646
300.182.127.567
3.820.453.905.625

2.566.351.406
11.044.246.874
289.330.471.800
2.921.649.977.564

14

327.054.695.393

309.347.200.786

15
16

1.101.190.779.915
9.302.932.297
250.000.000

1.127.033.845.663
9.302.932.297
250.000.000

Trade accounts receivable - third parties
Prepaid expenses
Investments in shares
Land for development
Property and equipment - net of accumulated
depreciation of Rp 455,417,332,985 and
Rp 428,056,450,174 as of September 30, 2016
and December 31, 2015, respectively
Investment properties - net of accumulated
depreciation of Rp 417,129,941,391 and
Rp 384,885,740,693, as of September 30, 2016
and December 31, 2015, respectively
Goodwill
Other assets

Jumlah Aset Tidak Lancar

5.572.491.379.621

4.670.525.026.390

Total Noncurrent Assets

JUMLAH ASET

9.539.529.517.416

9.014.911.216.451

TOTAL ASSETS

Lihat catatan atas laporan keuangan konsolidasian yang merupakan
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.

See accompanying notes to consolidated financial statements
which are an integral part of the consolidated financial statements.

-1-

PT DUTA PERTIWI Tbk DAN ENTITAS ANAK
Laporan Posisi Keuangan Konsolidasian
30 September 2016 dan Desember 2015
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain)

Catatan/
Notes

PT DUTA PERTIWI Tbk AND ITS SUBSIDIARIES
Consolidated Statements of Financial Position
September 30, 2016 and December 31, 2015
(Figures are Presented in Rupiah, unless Otherwise Stated)
30 September/
September 30, 2016
(Tidak Diaudit/
Unaudited )
2016

31 Desember/
December 31,
2015
(Diaudit/audited )
2015

LIABILITAS DAN EKUITAS

LIABILITIES AND EQUITY

LIABILITAS

LIABILITIES

LIABILITAS JANGKA PENDEK

CURRENT LIABILITIES

Utang bank jangka pendek
Surat sanggup jangka menengah
Utang usaha - pihak ketiga
Utang pajak
Beban akrual
Setoran jaminan
Uang muka diterima
Bagian liabilitas jangka panjang yang akan
jatuh tempo dalam waktu satu tahun:
Utang bank jangka panjang
Liabilitas sewa pembiayaan
Liabilitas lain-lain

17
18
20
21
22
23
24

27.000.000.000
214.702.079.516
18.642.498.783
16.142.261.430
41.797.454.051
104.903.162.895
773.633.580.093

257.000.000.000
27.694.273.156
22.186.229.671
33.200.963.495
108.052.060.404
702.104.148.777

Short-term bank loans
Medium term notes
Trade accounts payable - third parties
Taxes payable
Accrued expenses
Security deposits
Advances received

25
26

34.088.000.000
1.836.449.986
10.338.460.585

34.088.000.000
2.512.039.151
11.965.418.026

Current portion of long-term liabilities:
Long-term bank loan
Lease liabilities
Other liabilities

1.243.083.947.339

1.198.803.132.680

Jumlah Liabilitas Jangka Pendek
LIABILITAS JANGKA PANJANG
Liabilitas jangka panjang - setelah dikurangi
bagian yang akan jatuh tempo dalam waktu
satu tahun:
Utang bank jangka panjang
Liabilitas sewa pembiayaan
Setoran jaminan
Uang muka diterima
Liabilitas imbalan kerja jangka panjang

Total Current Liabilities
NONCURRENT LIABILITIES

25
26
23
24
37

Jumlah Liabilitas Jangka Panjang
Jumlah Liabilitas

42.606.000.000
4.498.765.206
22.202.954.726
622.619.045.092
103.845.945.838

68.172.000.000
6.723.672.378
17.954.877.859
794.703.005.637
97.496.455.295

Long-term liabilities - net of current portion:
Long-term bank loan
Lease liabilities
Security deposits
Advances received
Long-term employee benefits liability

795.772.710.862

985.050.011.169

Total Noncurrent Liabilities

2.038.856.658.201

2.183.853.143.849

Total Liabilities

EKUITAS

EQUITY

Ekuitas yang dapat Diatribusikan
kepada Pemilik Entitas Induk

Equity Attributable to Owners of
the Company

Modal saham - nilai nominal Rp 500 per saham
Modal dasar - 3.000.000.000 saham
Modal ditempatkan dan disetor 1.850.000.000 saham
Tambahan modal disetor
Selisih nilai transaksi dengan
kepentingan nonpengendali
Ekuitas pada laba belum direalisasi dari kenaikan
nilai wajar efek tersedia untuk dijual milik
entitas anak
Saldo laba
Telah ditentukan penggunaannya
Belum ditentukan penggunaannya

Capital stock - Rp 500 par value per share
Authorized - 3,000,000,000 shares
Issued and paid-up 1,850,000,000 shares
Additional paid-in capital
Difference in value arising from transaction with
non-controlling interest

28
29

925.000.000.000
456.621.346.776

925.000.000.000
455.548.574.771

30

(22.071.121.272)

(25.498.522.800)

31

7.089.525.201

5.722.411.089

32

13.589.383.000
4.521.516.831.338

11.589.383.000
4.050.064.921.063

Share in unrealized gain on increase in fair value of
available for sale securities of subsidiaries
Retained earnings
Appropriated
Unappropriated

5.901.745.965.043

5.422.426.767.123

Total Equity Attributable to Owners
of the Company

1.598.926.894.172

1.408.631.305.479

Non-controlling Interests

Jumlah Ekuitas

7.500.672.859.215

6.831.058.072.602

Total Equity

JUMLAH LIABILITAS DAN EKUITAS

9.539.529.517.416

9.014.911.216.451

TOTAL LIABILITIES AND EQUITY

Jumlah Ekuitas yang dapat Diatribusikan
kepada Pemilik Entitas Induk
Kepentingan Nonpengendali

33

Lihat catatan atas laporan keuangan konsolidasian yang merupakan
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.

See accompanying notes to consolidated financial statements
which are an integral part of the consolidated financial statements.

-2-

!
"

&

1

'

&

2

0

()
%

"

' "

*)+,

*)+-

.

"

3

&/

"

" "
#"

"
!

"

"
$
()0 *)+,
#"
4

"

1.

"

0

"5
! " "

()
"
1
*)+,

5

5
5

3
*)+-

6
# #

7

8

!#

# #
6

#.

9 #

#.

#

9 :

!
#

$% &

$

"

'(

6
96
*

2

&
/

*
&

4 & *
% &
% & &
4 1
1&

3

0
1&
( (

*

&

# 6
,
/

0

1

$

/
0
0

/
1

1&

0
0
0

/
/

$

7

)$

/

!#/

6

.

8
*

*

# 6

&
(
&

*
&

&

*

/

0

1
,
&
0

8

1
6
$

(

&
. *

#/

6

0

3

*

#

8

'(

$
$*
*

( * $
*
8

&

3

'(

( *

#

$

3

#
7

!#/
( 8
(
(&

!#/

6

*( ( $ * (
)7
( $ ;( *

4 " . .

4

8 4 $

:

$

1

,

$

1

,

$

1

$

1

C

%##3

%22 22

%22 22

%0%) 20)

F

%22 22

%22 22

% 0)

3)!32

222

%22 22

%22 22

%% )!26)%6!)!2

#)3#%)

6

%3 )%3#)#!%) %6
% 0)00!)! %)%#0
%%%)3! )3 0)

$
'

. .

(

:.

4

%##3

%22 22

%22 22

6)062) #!

%)% #)!%#)%32

%##3

%22 22

%22 22

0#)

#)%##)#3 ) %6

!)6 0) !%) 3

222

%22 22

%22 22

6)6# )

0)3#%

6)! )#0#)% !

%22 22

%22 22

) #0)22%)!30

3)% )26%) 32
2)! %)2 ) 3

$
&

, 8 ' (

+

$

$

4

$
8
'

:

=

,

$
*

+

>

:

,

"1.

C

*

$

1

"= >
&
, C

$

1

,

%##
222

%22 22

%22 22

%)3 )!3 )6 0

%##3

%22 22

%22 22

) #3)26%)62!

) 2%)

F

#6 !

#6 !

%!2)3%2) 2

% %)2#0)60%

2%0

0 0

0 0

$
" ? 9 $

:.

4

6)!!!

$
H

"

: $

+

1

'

C

4

1

> C

% 0)## )2#6)!%2

%6 )! 0) #%) 6

$
/

4 " $

.

< $
$"
" $
2 ' .
2%0

$

"1

8
"
( $"
$
"

$

"5
C( 8
- 8 "7

.
$
2%

.
"

.
%

A

; " < $
<
5 $
"
;
""
< ' . $
2) 2%
%) 2%0 < ""
D

"
"
$

; $

D

1

2' . $
2% 1
, .
.
2
3
4
, .
, . $"
1
*0
"
.
E

$
$ - 8 C " -7
G $
G
, $
$
5 " .$
,
&
8 & "
&,&

3 36
0%
0 6#
0
2 22
%6 22

#

" 8
&"

$

' "

"1

$ "

1

'

3 3)0 %)# 3)02
2 )# #)# )6 #
% !) 2 )6 #)3%3

4
%

=

)1

) %)#06)20%
%)23 ) 3#) %
0%)#2#)22!) !0

6) 3#)32#)%%

)0!3)%66)%33

2) 06) 3)!
6)3#6)! ) 6

) # )!23)!
26) 3)!6%

1
+

'
- !
)
, " #$

/
!
" #%
(
'
*
&
-

" #$

#
!
" #%
),

&
)

!

" #$
!

+
(

!
'

0

/

2%01
.
2
3
4
, .
, . $"
1
*0
"
.
E

"
" $

%

"

;

%) % )
(
(

+ $"

.
.

"

3 ) ##)2 #)6!
% )!6#)2 )# %

(

"

%2)
%2)6

% )62%) 3%)00#

+ $"

###)6

) 63) 3
)%3#) 30

%)02 )3

)3 #) 0

)# #

!)#60) 06)6 0

6 ) 0 )
%

;
"

3 !) # )!26)6
63#)636) 22)0 !

;

0)
%66)

%) !!)%3 )22#)32

"
"

(
(

+ $"

"

.
.

2 )#2 )!23) !3
% 2) 26)%2!)0 0

(

"

%2)3 #)6!!)3 0
%%)! 6)%3 ) 26

!) %%)6%%)6##

+ $"

" .
"
.

%)

!)226)3

$ "
2' . $

<

$

<
<
2)

<
2%

; "

1 1
) 32
)#

!%)66%) 02)632
%)%#!)0 %)## )#0

02) 3 )2#0)0

)0 %) !2)0 6
#)2 6) #%) 3

%3) 23) 0 )% 0
!) 0!)6 !)062

3)!#3) 0%)02#
%3)0 2)% 2) 33

0)3% )

!

3#) 03)3!%)!0

0)3% )

!

%#%)002)2 %)!!3

%)#

)%# )!30

3#%)!2 )0

2)2

)%%2)

)#!3

$

3

2%01

%2%) #%)

%)

)6%2

:
;

#)33 ) 33)!#

"
:

"

"
"

;

%)

#)3 6)

%)%0

"=

"

" I

8

"

!
6

1 1

3# )2%3) 26)203
3!!)3%0)63!)3#

6 ) 0) 36)2%
)%0#)%##)!02

#!2)3 2)300)03

66) #3)33!)!

23)!6 )%%!)! %
0) #)%%3)! 3

%60) 3 )62 ) #2
%0 )3 2) !%) 2

:
;

6)62!)2! ) %2

%!)
) 0 )% #
!)236)3 )%

%)
36)

"

)3 2) %
2)00 )%3#

:

"

"
"

;

2)30 )

)330

3) % )2!3) 0%

3#)06 )#! )3 0

"=

"

! #)#!6)

)%2%

3)26 ) ! )0%%

6#)

" I

8

)%22)%30

?

"

$
; $.

"
2%

< $
"

8 "$

%##)30#)!
%0%)%6 )

' $$
<

; "
. 5

6%)##3) 23)2!#

"
$.

<

0)!36

) 26)2%#) 3

#3#)# 2)%#!)023

.
.

!)%3 ) 6
!)663)!2%

0 )0!0)2 6)2 #

1

00)%22)0#%)!36
%)22 )%%2)! %
#) 3 )! 3)2!
3)02%)6# )330
) %3) 2)!%3

6
! ) 6 ) #2)
0)!26)2% )!%

2
"

=

2% 1

) #)2# )2%0
3 2)06!)0 #)!

%

+ $"

4
%

' $$ ?
$
.
< ' . $
; $
%) 2%0D

0#)366)2# )6 3

%6#)# )!36) 2
% )6 3)3# )%##

1

?

< $
; $.
.

3) !2)6%0

$ "

33%) 30)!%0) #6
2 ) 20)3 %) %
%#%)062) %)#
#) %)323)23
%!)633) 2)2 #

2%

3 3)%!0) 0 )
60 )36#)2%6)%0

+ $"
"
"

' "

$$

2' . $
2
;

"1

'

"$
" $> .

" .
.
2 ' . $
$
2%0D

"

$

< $
( $"

+ $"

"

!
" 8
&"

3 36
0%
0 6#
0
2 22

C -7
G
,
&,&

-

" #%
),
.

*/

$

1

4

!
#, " #%

2) 3

$

=
=

, " #$
)
&1
!

.
%
, .

=
=

!

8
2%0D

$

.
2%0D

"

< . <
"
5
; $ <
' . $
2) 2%

2%
2
.

%

=

" $. (
"

$.

)30 )

)!0 ) !!) %#

%6)2 3) 2 ) 2

%6)%2#)3

02)2 3)3!!) 0

0)!%3) 02)3 #

22)0# )0 %)6

% )

.

!)0!#)0!

% )2 6)!6#)% 0

- 5
)!%#)

%) 6

<

%)%3%) 22)0%2

"
<

3#)6

.
.
8

5

%)!66)222)222

7
623)222)222

.
$.

1 1
) 0

<

"
+ $"

6

0) %

)

%)!0

)0%6) 02)3 #

2%)

#)0#2)6!

) # )2#!)!%6

0 ) 23)3#2)2!!

%0)6! )

)6

%%)# 6)0

)

0

)!%#)

%) 6

.
"

)%
8

)36 )%%6

)0!3)%66)%30

.
.

) # )!23)!

26)

3)!6%

;
5

"

%% )02!)#% )

%2

0

3)026)!22)222

;

"

<

B

; $.
; $

5

" ; $.
; $

5

"
""
.
""

/
!
" #%
(
'
*
&
-

" #$

#
!
" #%
),

&
)

!

" #$
!

+
(

!
'

0

!

, " #$
)
&1
!

/

'
- !
)
, " #$

!
#, " #%
" #%
),
.

*/
2) 3

.
2%0

.

! )

=

" $. (
"

$.

)22 )6%%

!)00%)6%6)02!

60)%%2) % )#63

)! 2)#0 )030

0)0 #)022)222

%3)0#3) !3) 6

2)

%)#20)6

) %

1 1
- 5

!) 22)66#

<

%)%2!) 0 )%!3

%)006)

6)!%6

0 ) !%)360

2) 3 )%#0)630

%3)0%6) !0)! 0

#)0 %)36%

"
<

63)#62)

.
.
8

5

%6)#6%)!!6) 6

7
20)2#0)236

.
$.

6

6 )% 2)2 #) !%

<

"
+ $"

2

"

)

#)3#6)6 !)! 6
8

.

) 22) !%

2) 0 )!

) !2

#

)0%3)

!

0!)23 )0#3)023

)

#)2# )020

)2!%) 3 )3!3

0)636)0! )222

)!

)202)222

6)222)222)222

"

< $
.

;
5
;

.
.

.

) 6

.

$ "
2' . $
2%

"

' $$ ?
;
$
.
2%
2%0D

8
2%0D

.
> . $ $"

"

"

.

"
K
$
8

"

"

$ $.
> .4

$

"

"
' ;

.

"
$ "
"

.

:

"
) .

' "
.

$
"
"
$ $.

"
( "

$
.

"
(

"
"

.
" > .
"

"

"
"
)

)
" $

" )
" $.

"$

;

" $ > .
" $ " .

.

5

)
< $
K

K

)
5 "5 $

5

"

.

.
$.
.
"

5
D

B.

.
> .

;

" 8

( $"

"
> . $ $.

$
<
;"
""
8
> .
> .

;

$
#

8

<
; "
; "
$

<

5

$ $.

.

"

5

"

K

#

0

.

.
"

"

"

#

5

;
; .
: $. 8
;
: $. 8
:
"
""
< ""

$ ".

$
.
D

" #%
),
.

*/

.

"

!
#, " #%

"
>

<

8

.

;

"
8
;
"
;
"
<
'. ; < ; ""8) ; $
B.
8 ;I
.
8
;"
;
$
< . <
"
; $.
5
; $ < $
> .
;
"
"
> . ;
;
8

5

""
.
; $ ) B.
;
> .
;
"

) I
"
<
< ""

"

;

"


.
8
<

<
"

"
8)

"
=
.

.
"

$.
. $"

.
.

.

$
.
$ $"
,
.

"

"

"

<
; $.

,
,

$

;
"

"
5
"

; ; $.
; $
<
: $. 8
:
5
:
5


$

!

" $"

.
8

'

$
")
$
$

<

8
8

"
;

"

; $

<

$
8

.
"

:

;

.
;

<

<
8 >

I

0

"

;

;I

"
"
;"
.

)

)
.

$
.
. .
. $"
8
<
4 8
8
"
"
"

8

,

"
"

:
;;


<

:>9
:>9

""
$

"
" $
$ )
. $"

8

<

.

4
.
" $

8

"" < $ .
.

<
;

8

)

"

.

$
.

;

;

.

" .
"

"

C
.

.

.
) $

>

(
"

(

8
<
" .

$
)
"

$

;

(
.

9 ,

1

+
9 ,

""
;; $ "
$
"
A
. .
$
)
"" ;I
; $
) < $
;I
) "" ;
;
<
: $. 8
1
@ :
>
9
:>9
B. ;
< < $
; $
. ; 5
<
"
"
<
;I
:>9

$ "

" )
$
)

<
$
$.
$.

""

;

.

" #%
),
.

*/

.

'
.

!
#, " #%

;
"

< $

<
<

$
"
;
;

<

. $"
' "
"
$
(

( $"
( $"

$

8

.
" $

$

.
.

$
" $ " .

8
;
5 "

.
"
"

8

.

$ " .

)
.

"
( $"
" $

$
;
$

.

8
8
$
" $ " .

.
"
.

"

= .
" $- . )8
<
"
. 8 (
> .

/

(

;
.
: $.
.

$
$

"

<
; "
- .
< ;
"
;
;8

8@

"

$
;
>

.@

!
" $ $
" $ $
.

(
$
,
$ "
. (
"

A
<

;
;
" ;
;8
B;
. 5 "
<
;
A
B;
"
"
< $
" $
<
;
;
< $
"
8
B;
< $
8
"
"
$
<
;
;
;
?
. <
"

"

"
"

. 8 "
.
"
$
" $"

8

" $ $

"

2 ' . $
2%
2%0)
5
8
> .
"
4
$
$
-. % ##6
-. % !#0 . 9'L %
%

)

<

'

4

-

"
<

> .
"

.
!

4

.

"

.

$ $
' ,
.

.

; $
8
< 4
-. % )!#0)
9' L%

3 )

.

7
.

8 <
>
<
"
.
8
;"

8 ;
. < $
8
' ,

"
<
! - "

"

' $
"

<
.

"

.
" $ " .

""
.
<

"
04

04
,

'
"

$

(

5

<
"
$

5
(

$.

8
(

(
$.

8 )

8
.

"
( $

;

; "

8

%!

;
;"
$

"
;

"

) 7 8
;

:
"8 " I
; 5
"
" $
"
< $
;
;

" $

"

.

A
<

$

<

" <
. ( (
"
, (

"

; " "
"
I 8
$
> .
;"
<
;;
;
<
;
; "
$
<
< <
; ""
" 8
I 8
$
;;
. ";
.
<
. ; .

"

$
"8 .

""8 ""
<

)
<

<
)

8 (

(
.

.
(
<
$ "
$ "
( .
.

?
< ""

% M
. ;
; "

D

N

(
; 5 $
"
"
K

A

;

?

<

;

+4

+4

.

5 "
; "8

;

I

" 5 "

<

.
<
5

5 "
"

"
"

<

;
" 5 "
;

<

.

; "8

;

$
$

<
I

" 5 "

"
;

5 "
; "
<

<

= 5 "
M H "
;
"


; 8

8

; "
.
<

?

<

.

8
$ +
-

"
$
(

")

")
$

$
"

;
8

"

%
6

#
"

"

$
"

8

.
,
:
.

5

;
)
"
.
"

)

"
"

"?
5 "
;
"

0

8 <

)
;

"

.@
(
5

(
I

<

8
. ;
;

.
;

?

'
- !
)
, " #$

/
!
" #%
(
'
*
&
-

" #$

#
!
" #%
),

&
)

!

" #$
!

+
(

!
'

0

!

, " #$
)
&1
!

/

2) 3

,

" $

> .

C

$ "

>

.
(

;
$
8

. <

> .)
"
" $ " .
> .
8
.
.
" $
$ 8

"
.
5

" #%
),
.

*/

.

5

!
#, " #%

$"

8

;
<

5

"

"

;

> .
4

.)

;

5
;

;

?
; "

<
B
5
.

(
>

>
< $
(
>

$

.@
"8

<

;
"

4
"
8

.

.
8

"

%
6

4 "

" "
$
. "
,

8

"

$

!4 ' (

(

.

"
!4

$
<
'

!

8
"
"
(

"

8 "

B.
.$
$
( $"
. "
,
.
" 8
" $ .
" $ 8
. "
. "
"
;
$ "
( $"
. "
8 $ .
"
;
)
"
. 8
)
8
.
"
8
"
.
" $ 8
' "
. $ "
) . 8
.
$
$
"
"
;
8
5 )
"
8 )
8
$
" $
$ $ <
8

.

.
$

4

:
'

.
.
$
< 4 8
;
"

<
"

"

$
8
(

"
8

. 5
;
B

1

!

!

&
<
;
$

$
; " "

$
"

;"
$
;

$
$

$

<
$

?

;

; "8
<