View
216
Download
0
Category
Preview:
Citation preview
8/3/2019 CHFmanagement
1/38
%41#%%41#%
0,79,:708,5,945844.,89,903.,3,-3472,941.,7/,.1:3.943945:2590-44/,9,7,90.422038:7,909706:702039841209,-43
988:0
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
2/38
5/0244
:7450
%0 570;,03.041825942,9. 7,301742
2435983243949,545:,943
&$
30,7243598
] 598,70 1479089 9200,.0,7
,890,78 3:2-07414859,,9438,8
3.70,80/0,75,90398/0410,.0,7
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
:/030814790
;,:,943,3/,3,0203941743.0,79,:70390/:9
8/3/2019 CHFmanagement
3/38
2841970,92039
!70;03943
, !70;03943,3/47.43974341/80,8080,/3
94.,7/,./81:3.943,3/0,791,:70
- !70;0394341574708843940,791,:7043.0
.,7/,./81:3.9438089,-80/
47-/9
,3903,3.0472574;0203936:,94110
479,93.70,80//:7,9434110
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
4/38
,3,020394:930
89,-89,9905,9039,8
8.079,35708039310,9:7085:243,740/02,007943,
-70,908830881,9:0507507,40/02,
8808880;079418259428
0907230,0944410,791,:70/0391570.59,93,3/0,.07-,931,.9478
/0391.43.429,39/80,808
892,905743488
39.5,90.425.,9438
4:3805,9039,3/70,9;08
4480,557457,902,3,02039
439475747088,3/2,3,0,..47/3
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
5/38
0470,79884.,9430470,79884.,943,881.,943410,79,:70,881.,943410,79,:70
,88 429,943 47/3,758.,007.80/408349.,:80:3/:01,9:0/85340,475,59,9438
,88
$929,9434158.,,.9;9.42147
9,-0,97089-:947/3,7,.9;9708:9831,9:0/85340,475,59,943
,88 ,70/29,943 4158.,,.9;9.421479,-0,97089-:90889,347/3,7,.9;9708:9838259428
,88 '
&3,-094.,774:9,358.,,.9;994:9/8.4214798259428410,791,:70,7057080390;03,9708993.70,80//8.4214799,358.,,.9;9
:/030814790/,3488,3/970,9203941.743.0,791,:70:7450,30,794:73,
8/3/2019 CHFmanagement
6/38
05574,.%4%0,881.,94341
$9,0 08.759438 ,2508
!,903948,978147
/0;0453 -:9,834
897:.9:7,/847/0741900,79
507903843
70:2,9.10;07.,7/4245,9
!,90399,897:.9:7,/847/07
41 90 0,79-:94,830;07/0;0450/ 8259428 41
'5079745 471-7488
' /,9,943,825942,9.'
5,903995,8947.:77039
8259428 41,884.,90/9
:3/073897:.9:7,0,79
/80,80
8530,471,9:00.'8894.
/81:3.943,825942,9.
5,903989
!,9039903/89,0 /80,80 706:0394859,0/598598
,,930,7997,385,39,94309.
:/030814790;,:,943,3/,3,0203941743.0,79,:70390/:9
8/3/2019 CHFmanagement
7/38
479214790,3488410,79,:70
$:850.90/0,79,:70
0.,:80418259428,3/838
88088570803.041.,7/,./80,808-7,47,97:709.5059/0070,;,,-0
%089-3472,
2,3-.4.,7/47,5:.0,7,347,547#
070,;,,-0
%089-3472,
880880944/0700570.59,93,.9478,3/95041.,7/,./81:3.943
4480%07,5
472,0,79,:70&3.0
472,0,79,:70&3.0
//943,/,348890898070,557457,90
0.4743,7,347,5
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
8/38
$9,0 $9,0 $9,0 $9,0
!989
W 507903843
W
W
W ,7/49438
W
%#!W %70,9507903843
W $9458243
W %70,95//847/078W 3.4:7,070:,7
007.80W $945,.44
/7::80W 3-943
!989
W !70;4:8
W '8894.
/81:3.943
W 825942,9.
',;:,7/80,80
%#!W 20,8:708:3/07
89,0
W 3-947W 09,-4.078
%#!W 20,8:708:3/07
89,0
W 7:814774:930:80W /:709.W 3-947W 09,-4.078W /9,8
%#!
W 20,8:708:3/0789,0,3/
W 0.,3.,,8889/0;.0W 0,7997,385,39,943W 4393:4:8'
34975.31:84381475,,943
!984,;02,70/8259428
,97089/085902,2,20/.,907,5
!989
W $97:.9
W $479308841-70,9,3/1,9:070/:.0007.809407,3.0
$97:.9
0,79
80,80
0;045
$2541
#017,.9
$2541
,97089
$9,083900;4:94341,3/70.42203/0/907,5-89,0
:/030814790;,:,943,3/,3,0203941743.0,79,:70390/:9
8/3/2019 CHFmanagement
9/38
%70,92039459438
435,72,.44.,2,3,02039
0307,,/;.0,3/20,8:708
07.80,3/007.8097,33
!,72,.44.,907,5
3490383.43;079303203-9478
:709.8
09,,/7034.05947,39,43898
/4890743070.05947,39,43898
349038370.05947,39,43898,7/,..48/08
',84/,947,0398397,908/7,,30
!489;0349745.,0398
39.4,:,943
39,7792.,0398
03
0;.08,3/8:707
#0;,8.:,7,943.,909073907;039438,3/8:707490714728418:707
!,.02,078
25,39,-0.,7/4;07907/01-7,9478
0,7997,385,39,943;0397.:,7,8889/0;.08,791.,0,79
&97,197,943,024/,88
:/030814790/,3488,3/970,9203941.743.0,791,:70:7450,30,794:73,
8/3/2019 CHFmanagement
10/38
!,72,.44.,907,5!,72,.44.,907,5
8/3/2019 CHFmanagement
11/38
3490383.43;079303203-9478
#0.42203/0/,8178930907,5
$4:/-0:5997,90/9490/48,08 84394-00110.9;0390,70.439740/97,8,3/349
997,90/-,80/43 825942,9.2574;020394/07,90703,38:11.03.,3/, 70,9;04-44/57088:70807:2.70,9330a24 ,3/8894.! 22,70349 .4397,3/.,9438
-84:90.4397,3/.,9438-,907,703,,79078903488,3/ ,340/02,
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
12/38
:709.8
88039,147825942,9.970,92039 03
1:/4;074,/ 85708039,3/2,31089
,8-0,/2389070/3.42-3,943
93-9478 15488-0
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
13/38
#0.42203/0/3 ,/;,3.0/ '3,//94394 3-943,3//:709.894
2574;08:7;;,,3/ 247-/9
/4890743070.05947,39,43898 857434,.9430
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
14/38
%0#$2479,997,
4/480 857434,.943024394541,33-947 ,3/,445/:709.
2574;0/8:7;;, 415,903983,/;,3.0/
0,791,:70.,88 47'
/4890743070.05947,39,43898 857434,.9430
8/3/2019 CHFmanagement
15/38
#0.42203/0/14790970,92039 41,598
989,-02/24/07,90,3/ 80;0700,79
1,:704389,3/,7/ 970,92039 :308890708
,.4397,3/.,943
!,903989' 8894./81:3.943 947
94:9825942,9.1443 ,3
439072-09,-4.,/0 870.42203/0/
3,//94394 3-947
09,,/7034.05947,39,43898
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
16/38
,7;0/4
3
!,.0-4
3
$:7;;,
,8
#870/:.943#870/:.943
!
!,.0709,
,3.09
845744
!,.0-4
%20,19073.:843/,8
!
$:7;;,
#870/:.943#870/:.943
%0#%$9:/74:5439841144:5
479,9
!,.0-4
0945744#
!
#870/:.943#870/:.943
&$,7;0/4$9:/&$,7;0/4$9:/
..4.07834.0783.,:80.,:80479,9479,9
$$ #%#%
8/3/2019 CHFmanagement
17/38
$
:7;;,
$
:7;;,
43984398
!!
,7;0/4,7;0/4
!,.0-4!,.0-4
!#&$
.,:802479,9.,:802479,9
8/3/2019 CHFmanagement
18/38
09,,/7034.05947,39,43898
$#%&$#'!#&$89:/
#0/:.943 3949,2479,9.,7/4;,8.:,7
2479,98://03/0,9,3//0,9/:094574708843410,791,:7035,9039831:3..,88'
70/:.084859,,9438
2574;08901:3.943, .,88,3/0,/894088478033410,791,:70
8/3/2019 CHFmanagement
19/38
#8.4:/-0 .438/070/35,903984/43499407,90 3-9478 147825942,9.970,92039
9 8:3.0,70907#8,70,80110.9;0 ,83-94781472479,970/:.943
3.42-3,9439
3-943#82,2574;00,791,:708259428,3/70/:.04859,,9438 1474780330,791,:70
349038370.05947,39,43898
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
20/38
'
!,903980707,3/420/94 5,.0-447
;,8,79,3439454189,3/,7/907,5
%0708:98 840/34/110703.034;07,2479,9-:9,70/:.943 390.42-30/03/
5439,.,:802479,947 247-/90570880/,84859,,943-0.,:80414780330,791,:70
349038370.05947,39,43898
8/3/2019 CHFmanagement
21/38
3/.,90/3,97,1-7,943 ,3/,3/0700 41825942,9.0,791,:70
.42-3,94341/43,3/-09,-4.,/0,550,788:507479,30907,039,430
383:8792/43870.42203/0/942574;090 .3.,89,9:8 415,90398950788930,791,:70 /085903-947,3//:709.970,92039
,7/,..48/08
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
22/38
97,
439072/43//349 2574;08:7;;,
%0572,7 -03019,3/3/.,943147/43
30,791,:70894 70/:.08259428 ,3/
2574;0.3.,89,9:8 /0.70,80907841
4859,,9431470,79 1,:7094:9,325,.9438:7;;,
,7/,..48/08
8/3/2019 CHFmanagement
23/38
4850.1.740147;,84/,9478390 970,9203941
&80/,8,/:3.9;0907,5 147,33,47 .43.429,39
507903843
3.,804139407,3.0943-9478#8,70
57010770/9490.42-3,943/7,,30397,908
#$$#%#%
/7,,30:59423 .42-3,9439$ :594
294:93-9432,,;08420 -0301.,0110.943
2479,9-:9349434859,,943 147
97,908 2,-0:80/14790970,9203941.43.429,39 ,33, 47
700141,.:90/85340,
',84/,947,03983.743.0,791,:70
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
24/38
42243:80/942980;070 0584/0841 47,8,-7/0940,79 97,385,39,943303/89,0
#050,90/47574430/970,92039947,349745. ,03983.70,8082479,9
:7703938:11.039/,9,,70,;,,-094
70.42203/ /45,2307.,03981470,791,:70970,92039
!489;0349745.907,5
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
25/38
!$%'%#!%$4-:9,23
73430
0;48203/,3
!#%$
-45,230 8349 70.42203/0/14790970,9203941
.743./:0948894.' /81:3.943
397,;034:8/45,230 8:80/1479084799072.4770.94341,024/3,2./89:7-,3.08 4180;070
0584/0841478033
!489;0349745.907,5
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
26/38
43/.,94314790:8041 ,39,7792.,03983
3/.,9438147,39,7792./7:907,53.:/07,701:9907 3438:89,30/478:89,30/'%
$$%##%$
84:/-0,;4/0/
$$%##%$
09,-4.07870/:.08://03/0,930,791,:70
$$%##%$
24/,743089043,39,7792. /7:94:9.3.,700;,3930,9;0349745. 0110.98
39,7792.8
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
27/38
#0.42203/,943
5989 ,3/ 84:/-0970,90/9
,71,73:3088.4397,3/.,90/
!,903989' 47088
39.4,:,943
$:/0308147,3,0203941!,9039890,79,:70,:80/-019
'0397.:,7$894.81:3.943 !,72,.44.,5574,.08
8/3/2019 CHFmanagement
28/38
395,90097:8
#0.42203/,943
%070838:11.0390;/03.0.43.073390549039,30,9;0907,50:9.3907,.943-09003$,3/3-9478
395,9009,03914759894,;0:3/073
$:/0308147,3,0203941!,9039890,79,:70,:80/-019
'0397.:,7$894.81:3.943 !,72,.44.,5574,.08
8/3/2019 CHFmanagement
29/38
743.0,791,:70 .4.041
5,72,.44.,907,5
'8894./81:3.943 3-947 :709. 09,-4.07/48907430
39,4389
825942,9.'
/81:3.9433/.,90/ 493/.,90/ !489 493/.,90/
$25942,9. 3/.,90/3/.,90/1
:/709039433/.,90/ 493/.,90/
478033' 3/.,90/3/.,90/
.42-/:709.
3/.,90/3/.,90/
3/89,0' 3/.,90/3/.,90/
.42-/:709.
3/.,90/3/.,90/
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
30/38
743.0,791,:70 .4.041
5,72,.44.,907,5
'8894./81:3.9433490383
70.05947
,39,43898
,7/,..48/08
',84/,947
/7,,30
84847-/0
/397,90
!49,88:285,73/:709.
825942,9.'
/81:3.943493/.,90/ 9 493/.,90/ 493/.,90/
$25942,9.
13-9478
,703499407,90/,3/34943-09,
-4.,/0
, 03
- 032574;0/
1742247080;070383:8
792
13-9478
,3/,3490383
,39,43898,70349
9407,90/
15078893
54,,02,
478033'
13-9478
,703499407,90/
,3/34943-09,
-4.,/0
3/.,90/
13-9478
,3/,3490383
,39,43898
,70349
9407,90/
15078893
54,,02,
3/89,0'13-9478
,703499407,90/
,3/34943-09,
-4.,/0
3/.,90/
13-9478
,3/,3490383
,39,43898
,70349
9407,90/
15078893
54,,02,
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
31/38
3907;039433907;03943
8/3/2019 CHFmanagement
32/38
!9890,791,:70418.,02. 47370;,8.:,7,943
82942,9.2574;02039
8974330,9;0.4770,943414507,9;02479,9,3/'
,4' ,8,884.,90/9 3.70,80/
4507,9;02479,9/;,3.08259428'
708:90/3,70,9072479,97,90
115:25 .4743,770;,8.:,7,9432,407908:7.,
78147
0,79%7,385,39,943 8,3,..0590/24/041970,92039147
03/89,0
#0;,8.:,7,943$:7.,
43$:7.,
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
33/38
,70,3/44:5
#0.42203/0/.425430398415747,28
:80,90,2,5574,.
;,39144:51789144:593/,841/8.,70
/8.,705,333
3.70,80/,..088940,9.,70
4592320/.,907,59:/0308
3903800/:.,943,3/.4:380335,9039,3/4:95,9039
897,9008,//7088-,7707894.425,3.0
0,7,990394394838,3/8259428
10-0/:709.70203
:/030814790/,3488,3/970,9203941.743.0,791,:70
:7450,30,794:73,
8/3/2019 CHFmanagement
34/38
#08:20
!,72,.44.,%70,92039
825942,9.$894.'/81:3.943 W 3-947
W .4.073
$25942,9.$894.'/81:3.943 41:/709039433-947
.4.0718.,02, 397,9070;,8.:,7,943
:/70903943
:709.
3-947#813499407,90/
.4.07] 9,8
8/3/2019 CHFmanagement
35/38
#08:20
478033$9,3/,7/970,920393-947.4.07:709./4808 445/:709.4/480857434,.9430
9,8
438/07 #0;,8.:,7,943
',;08:707
0,7997,385,39
' 3/89,0
3907299039349745.8:554797.:,9478:55479!'039788890;.08
,024197,94343/,88
-7//3940,7997,385,39,943
8/3/2019 CHFmanagement
36/38
43.:843
,3,02039412:89-089,7931742
90 0,70789,0 89,0
%70,92039,90,.89,0.,370/:.0
247-/9,3/2479,9
0147039,93 907,5
89,-80/90.4770.9/,3480438/072,3,020394:930
8/3/2019 CHFmanagement
37/38
43.:843
435,72,.4.,3907;03943,70051:3 2574;36:,94110
70/:.370,/28843
4073.489
7,302:9/8.53,7.,70
.3.3:780850.,895989002439473
0,9.,7088902
%4459202,3,02039%70,9203984:/-0,..47/39490:/0308
39038;00/:.,943,3/-0,;47,.,300114798
8/3/2019 CHFmanagement
38/38
%,34
&
Recommended