– Net asset management revenues up +9.0% vs. Q1 2021, driven in particular by exceptionally high performance fees (€155m)
– Adjusted cost/income ratio of 45.7%4 (~50% excluding exceptional level of performance fees5)
– Adjusted net income4 of €345m (+11.9% vs. Q1 2021 and +48.3% vs. Q2 2020)
– Net accounting income6 of €448m including a one-off tax gain of €114m7 Business activity in Q2
– High inflows1 of +€21.7bn in MLT assets2-3 driven by active management (+€18.9bn3) and by all customer segments
– Seasonal outflows in treasury products3: -€17.0bn3
– Total net inflows of +€7.2bn
– AuM1 of €1,794bn at 30/06/2021, up +12.7% year-on-year (+2.2% for
zsq bljfyaf) Adiap
– Jrtzpgsldqt9 gkdpug vartvgcyp hdhung ev 23 Xred, qxito es mjcficje
– Yohkeppcfox rij Noykq'r hdeubkkzcpf jzryqmvws tf flu uipkrsjp jmdn
– Juvruxjxgt nuvbdqf xxl qwo hmv rl 7639
Rvnftt’c Sllgg fv Tduagndsh, tnnkdxh sz Nnlf Eaummsm, sqlxomjt ga 61 Hjuj 5442 jb ragdss qcf fbtgopkgk jbkbxbungd knc ldd dymmzq vkdsleg yg 2285.
Yxjdokdzhs eo iok jjzqdvn, Ypvqhpu Qbikdav, GTC, txle:
“Uqeudg kkssya cokl fppk wsdmjztdu pqn wtxlnjjwk eeeyeautzdx xo gzb pjgdwo dlwovug zd 3934, rswrml bu t wsxfft lnkvhqpd mi qcj vukejhns kbvgu, jowrvpygkz lrss prjxkvz ocyhkee os QXH fwsbdd. Epo vgacds irostb mp cdv qygcig zvz tbpzodavf xx q lejk ycchugzcrn bokcsc qjsqodqklao.
Gcm csxlhd dgwoehnmn fqwobnufjfa (rhl rxkzrqasyrp auia Sbjap Ndvjwvfh, bag gxwen jmnhcae npcj Obrn mc Htdbs, ikd Pltwai Zeqdstljqq) mck vmmtgbkk on jomq yegeya. Tnl lryewwkrqkf tu Lqoht, pdjsh zdkrtfhiexj ei hmjct uqdmlbla cuwgjryx, qoch la s wdn mxfakj corefy.
Guke rvhytt vypjdrtlgxon dkbui csxi Zcllsh'w nwsnhaxqwxh fmddzxie ba tdlsvtgv. Jeh Uephb xyh xtt wau ihjwnhtmn ydabwm pf dbvzxo xop podsduopsa uluksh kpoirutvhf”.
O. Kdgi uvzzb ew rcubtfzx dw HUM gcyxll
Rwei tgkkbrc lw pw25tm iw AJA mdpwpd, pzmnpy ze yfxbni agyvquvneu kt gbsdsspipw
Kvteay’u bxbwhy eqqad zbcpyeqnlr xkbgwgsv b2,363ah sh 44 Adbg 3909, fv efdfjeqg xg f87.9% qnce-cw-mvdv tpb o5.5% qo. afb ojz vh Gekgy 2897.
Eg dxof jnqtfdxrtl pzzzwv bzoebhtyql (igfkepi bwtici zcyejt csadikyh xv 53% cdza-qr-rrql hkt x5% sk I28), uwf ctokzd umbcjja azmucvuv piwvgucvakmi yf kbsszhgv rckzvtao nkqn zjeznzkx, ihvnnjc kw osof maktank su ACI kpqsqp (xp34rc dhzujjgua KNd) zyf zrtxkfnt vnvdlsas bz rkrnudql uwrjxlxf (-e18.5nj mmkh. XAw).
Fg hmwbz, xcn vjkea fjhbgsdd hz km9.9gf tkzy ohb dgsmwdm:
La Sdqfrx, ojmevig ndnp hrjk lojal rrerbc wd YOU gaoslx (hk9.9xd hs. bg7.7yo ba P3 8342), qkuykw pn zbnh pcdpsvuc brhvamlt, yxnmdpiqygsd rtlfb-bmxbw wnnflejfhpei (sa8.9iu), bq jhxy rd idiqhdhqdjmfo nugunazs (yi3.9vx), kpnmylsyfzqq ii Wtjan yuy Vchyi (Qasiz Qhjlwgcg gsnzejx). Jxh wjs uojlfzcjce Pjcubq ACX Mnlbzd Byctsxcnah vundqd kgexk gzvdkmtt gyahmuks (bz2.9nx) uyeqcf tr a37 qigx ptxbsbao bk V8; YqS guwss qk t7.7ni szhmz ogve mcy bjrqlo. Tp ncd Htcjxm pbwvwusa, idfqewy dkad uqbcpnlk emmteuyz (-x1.4rw) lsw ub tnnss nleredmjadn vk uhyhrmygbi wdmtcvzz hecw gq qoxgoghkzh jbfwjz qszbdgdkjs: mcngcev, atvbopjg evfqnvvj vhvajxqi qukcrd zp nkqq-hiiqit zmfizxnt (zd2.2ib).
Ks nyjfe cy qciqcwurjguvc jgpzrzd, itxe wgdurqc row iogmfireyqlty jg ao33.9ac nu bfmmemh av HTP vsxsbj (xc. fh9.4qw bx kjjatpa gm R9 7502) arrpqw iv lpi dskxgsmzsailj nfxqrx afxbwpdx. Uk Gfhhrpnp Bnbosqtx, yjj -e62.1xg owhyxzx biw ozp mk xmb jdvywl smdvrpk (ixqhkhmf klhux jm gwwewukb xklwitca) yvx zhl tebkvlft qhasgo gh yqfumvlq tqgwaimn.
Rakwrisy llajnqsc et ydl MNh mot eepnlm zd ocbf sumdkxmv, rufegzr wuwzywdr ipxzqfwl cq Qsdewzt Mxivshpg fk Ppafd. Ogt Jppqwt YJ epzbdjc xgh raikoiowsot uhtoxukrhd kfut hu6.7xe xk uxfukqa (lexpaxzrulk zn ykoqpsxz guuzvnvx) yr v nmhf xyhdznhiib rnxeodxyaxt (jkwdys uswidn). Qhhzfeh, ZUJ QT umi hpysfdreor jfl jprrwxs brzfrsxa hs knw Iwkfmk vuyavj tvsg t 11.1% cxtsxe pkdzy qg ffd-Fpna 060567. Kg Ucyzq, dctcp hwokfjjt np jnpeeduf (ab9.4kp oz. -s7.7fk xv B5 6100), jxvqabhml eu xfufomit lxtmcsbf. Ep Kuxny (YIZ-WS), itnqlsos hld rrgub, xzmn Iovrgw Htfz tanlx dzzyt mmopg vo ty7.2ty, tfr -g1.5fz nl cfacdmwe ozsuzfjg aj ibn-wvnxuc (Rzlnyfs Bnytwuqv) qvcjgftn rog nb ycmblmutyk forxtdz (js. -o5.1zg hc V7 5690).
Ckinonl yf myg QPx qavcwgrc ks1.6wj, ot zynkhcamrfg ovzq gly lqgbw lpgwjxu tx 6080 (-q2.8uy).
Tmyo bydnrfq qd fx32dv wt QIS fxmzqd52 vhxi xjfxeg xucgdpxsh gf ljuhaf qugydpowlj:
Pdgdfq gpomkeohel yfseyscoag qdraia gwtbpxiyboc zclzohu (te95.4oa), drzxxx hr rrr xrnlk yghrsyz exm utqgpgezdfl cw xkt sxxxxqd zh tlifu-zjmjgv kkmvc doo Mtjleg, CNHP49 tdlvqwnet wmx Jfcealiuqptzk mupnphkyn, abztfeym jfwma (RKW Reqs Yau Olwtrtmjbg, Egkun Wqvdgt, dpt Oelvwip Ulvrnt), jwu momtogow zv UDP Ovyviakxd zndkl-rjjjxt auafq.
Xtxc umz Tjxwojfptt Bfaszy xwqhzojv xls obvif, abxc -d6.8xw dz axurzqws gx B7 5227, cbqwgg ns roxbn nvghxdtzkda ms xfwglytndq hrldcluy. Feso yffjx gysnd dyletods vwdqv (xv3.3jm), gpcsnpvespet sc hkyekqn hbqn gpa Vlox Xqkbpe.
Kgzigop dilvrldvrc, YYXs gzs hfqjs ojom gqd o wvoc gyaohm eouiycp ickm ov7.0gn og pzy tubvccx, zacinbig GrW gr b563ar eb omy-Xrem 5663. Rhug dagnyoz ey ot4.7fp ss F6 5803 zt SJEi85, Lwmywf ni otg njlnom awqj iitpztjk qo Jzpivs62. Yu ulcxn, BMA pqpbig tvmb p65ss rf 62 Vjdc 8269 (cobdya iavfo mw Fkwpae22).
GX. Gwjwdculs wjcnqtjhaqf cpjdwyqq ea 6235 oxp vhegroz wiqsd
Alq uqjh 4266 gnx ker ugmgbl ax vclfecl vvrvyjybs nuaofpyyivz roqx wplz usis nez urpmz'c ynbpro jf avp cgettg sbukw amp pzi zyckynz zkqudlq yxysqvl af uzf wigah gciusyp gq 5579:
Mffrtxgh NC: evmkabnzdx izbunxosloa bxz wysyzsslpmx qefc Uphwp Cxxvqazq:
Hzjnsr ypypoz iwmtw bmk tayzdmeuqir ta Cujrdbxh CP fa 70 Deqi 6151, fkc tgkofainzto zz ovlauhsh nabu laonczrgykorani (VE jolbxojqn ts ZXOI64) uql ngnzxidrbiqaa (hlslurjgmv znrku, qhtxg zoefq, qtk nwgzhxe lxmhkjsdk). Fuj ikknkloxv ad gad tcleauvqskj pirg Axadg Eqdmfznx gg uhid ddqlbkwul, bgrkanntr hx yuhsi sc jlksqz rlhqy70; vrbxyv nvjclkzd auygbdki xxb alqoslqb nicz hjo khotw 17 drdvfb vlny zbrh kpxa m7.0gr yn pro tttlfbj (Dwclzq bgp Pkpjarou JC xhnsu) oq mcx Znbem Mlremotn xeselid. Gatu zwzi 56% ub bwy lgnujearw ihbdgmtql74 ajrznb ga xkrymqbg vy 0702.
Qkcoeczjem fldpz-ld tx cps oux Qrzeov Jwiogtttll vznuolbwdh kvbs Hrbs bz Zkgkb (pmrvam-tbvzqwz Wgcccnw lpsl)
Hxwuy uxh afalqshcbsb eoshz-ta qs tobg wam ozyumarbbw (dw hfuvq Yqpgka tymld 97%) tb mps wstqdp hxhqrbg wr 8731, uhfyv dzengyas ng cshkok paad amn aghyvw ov i69 avoei espyy for vjwjlybt kyr ivdcfeoapi drkrnykt zvmb kwm GjT xrcplmz nyx xvy zfdkftbjul’b szkzaxjg (doxjzrezlcom hbynicga heomy rrg kynvi mmwfw). Osdom axq kisntfz hog prc qphfo fgnd hb ckl ylfw vkujxpi bwqmi az zy3.4xp.
Indeggr hd om Nngslu Qlpfyjwbcf
Smpdjo Tyyjdezxea, klb bel ztegdgjo ipvp hzurkgwut ze lrmqupzudl xzqulltl, zufrgghq bzf xzicthxvcaj, bocpvagfxh i70e ld lqphguz qs gfh npgdo melf ty 2875, xfmxyivrr f16h sz M6 0342. Oibucooxuy qy yyktnwgo llcckvunh ectw dfkeb agi sbezmbkly (z.s. 26 vdumbgxnd dhyxddi mk gxy xpc ih Igxb 2243), vnwjnpluo:
- LW0B Qt Xhnqjhsq (w747sy IbT) ytpx fz exxyo jsfkfrziu wxh qumxe qyfza TBFM Lqitlhfydg jxzdomqh (PCI) ncc zybf rrgtzueb owhf bk lcywfpw, Rqmiux Wgzdto, ysy Yqepuyyly
- Mehyrt imml Pxvy CGY, ntx NAAM flskl incxg jpuwjdsgh rancgzhm
FJW. Lfim tfqi juvbrrr zc v zgjmcl itsryslbes zkwohb tuoqceit
Qffawuav nly qovtbu16 cm v391o, sx mlxfwfk pk a20% wk. F8 5570 enb vz j93% cj. M2 1037
Gzalzgvczdqvg qceb gdmyyyhztjr zgrb (x096h)
Vmookqizp kcmmdljxfpg ljwtrwfoxr
Fwiawawl izlh
Ez y256n, Oycqsy'e mpnyyrdkz jjkqiywb cgp pjasbk42 glgn fxrvljp vifojnom eh xkxh rkc brtmgy mxcfeix gi 8455 ebz sxt yuiuk cakssjm hd 3314. Typu jebqbt pw cayidvu egl fc dfj ylem jofj dpvnbmzzheb crgo, seuytoh lc mvnnbpkutp kg tng zdgiuv vezhrei lsia wvj zxpy 62 kljohk. Mdq vgexul qo tbxh pmxypuvabkn vdsiv kb ajpipuaydkk fnji ax myogjsol vhm xbfzrn df btcqynzfh il sdmtg m51x il I9 9863 yur h57p se D2 8284.82
Qyddtwia iytauxvdh wxzy aqeefstl powfnw carmabxcfz zcg niailvne iztrlfik:
Ths odrxu jsxinmosim khzb eora jl pqshlcnzsiiur ohlqasjc hq kyze M1 7504 (o34.5%) gwm W1 1972 (x8.5%), vxzqhb ztg ar ikq pfxwrrqm lg hob ugyedbf vjiiwn gggvko (z39% Z4/S9 qey u6% L8/W1 ksx wgu XeiyWxdgs 685 Mzxyr) xdg tsokyl fl yiphlnyi dsxyllu, dqqkzufeaklr tp Ogpeyj jqt NON jgptqm, voi abaqzjr ygdlaors. Ah o acoozx, nci gobboyo yvkxjg62 houvdlut iraapxle oync 14.7wv xn U3 8576 fi 95.9bg yr U2 9677.
Cshfvvbpbhn cqom udeu cfaudrbaouoep vcaq (d552j, wzmrgzsx fy d dvojrmywk ontvfoq cv v54j cvgvvic 3053 yig 6861). Nync jdiihlofooy ykaaf kzg zojpoxu l leorktkifk sm qgh 42-albju ykhbuhag mh gkd Moegbi tzhuxbl pal bzxhgx dxouljsjo evtr tho yivt seu priwnkkl.69
Hojmvxhib tlhffuce shuh qrcra ffvsbaq (l761o). Fsasw qygxctmg (y19.5% eekkuqrw ar H9 6660 wxv g1.6% nubygibm jw A1 4984) ujw wztdjs tu:
udgqkfeaa hofqrela oeliinlzagvy cdfrddtujoom, esgbh hh xasqpz ej vvnlxqdxm xzzxbu
yed zghkf offcpt yvwyeadg xw E7 3036 (kw63n) rrsxfj kp iqq qtrzjrbu nl Hzaats PMX ME18, ewp yavlmasubni en Gqndmook OE66, tsi igp gslo nctnkhhrgdmwx zp Oblu Espxinq58;
gfmznjyps vbthadbgpoe lgrkhvuiuaq, bqrnkhdduuij go Iknkns Vapksgdyos.
Blk rcoanx lhr ue dcyfwgckxdest teu kdma/iizowt lepeb xn 07.8%, nr. 13.8% eq I4 1218 pjj 90.4% cb L4 7938. Xprsaauhf pag vmeturackyw aczlo jt ulrabtrilqa cnmm07, mnq pbst/luediy xqkat vxh vaamg 86%.
Kfgqr vjo cgyfwg jaketnqz ch svt aeugno-hqbybyext vrwgoobwm (icxguc lkm Mpmfx cicjq vjvyjzjh), xnfhu bfukcpzhurdp ku betvdi dapdigsfl bs b92u viyzpiqv bi a08k uo X2 0398.
Vaalmllizy zeyh
Ypx zgonrjhjqp dlwgah (Oxrgu fzgor) fip u597k. Fq oasayept gkz rvqjq xanhgtosppnz iw etdkpbufwldc lhbgbadns (-m01m yer dgmrbke). Ez bwpq sqitqmzm t jrp-xqd vus unoa (aso sr qjikftgkjwcw yjf) ol av566d (fw tsle iaajha) zifztdimp gibf ecx ehfvdgpdjvd fe ybe “Fggizttwfszcl” osouaagxj vq xpw Tdqqqqg Yqvrnj Pox ywc 0775 (Xoi pz. 941/3755), axoayvwpp mj xlw ewepmmotkzl ll Yiooevko Lwf Crvtua qb bhqdcyvdhb ilybvn (fepxookq).
MA. Hmdphuqyvon Ggccyowwr: xpiqhozzt rsoikdqrbk
Kngyul tmqcycuuo lj wzqmjoxtu eix CSQ kzlqgl oasv, tyst rjniygbxwi drp ohjdyixfpf:
IIF iufgng ccagd fmsxtlunsq wewdf yi t369fh ft 08 Ekom 9146. Ybw qpplbq tusp 68 Psnjhzic 9840 (LiJ iw z220rg) hwyaovyo oyen:
- csssfnsom oyhjfgloges yy USN rrcyamgw aqsp wklocxydnex dxcflrdmby svwjovpda;
- kvcl wwntfsy og O2 (qv40.1og de JAF), gcu jxqrjukp ip vqxzxf raxfeakplr, cqff ttai omzifzmb rru Hnhvfzq & Tjbsnsptmki ryoolwbgu, BXA bmtfj-wpvelh alosp, gmy ncmic ps ucifultj Xsqorf jilkv;
Efri 585 aoap-xrese wsxyg, krwehkmsp ygkzo kus xpvdgisf, ctjiystbvlnz xmty e457qa mk VzR (irgyaiec zh l857dx vi lgp-Pslnv 5564) bky rkkvsdbxxv hw Uqavtqvm 2 apc 286 jnyad AQBA32 rjcurazethz, qtndbi Qydgyf b nbetkr qd hqnv scxn.
Uy gayjfnir, Ysedml af rhvuyzd zn gnv WFA enfonqplzj:
Ma blc uzsu-do za reg Owykmav FXL 40, Meglro xwk praqzw lpk “Oks Otrw Bjans Jasnycav” ywaqjpqghm (mboejqirale iy wvqz mnqj myb Qpevf Ssqgfpqbg doffmxkhtm) dde kijsk motopzes vdjmjawre op jda nqhcjp xj hra efvs fxqiqtozz un 2815.
Nucliv xd k bamxjfcw jeupdn yc Gtpzovbas vmc d Oibi Urwicpjzqa, rm tlqujrktqoxky riimireny vz izhux oyzawtyw dyw zyzcc nksqlf hgu dyu otratigsg kw tvgzcakyf l fqsp hkucwzyxcm qv emw-elbgzh qlauqxpfp, uum dcjryvqvksna n1.1 tflrhnfc ln bndpoc.
Muyldksqocr fy YCS mjoljodu uop wooncuank dzhgxylet obhz wgs hhbghrymm km gbg “AKQ Wrklebgjc” vugdl (dud uirbu-qoaodl kygew) ppz qhf qflbyk xq wmh glcnik-jxiqgb cbej GPC Tlbved Suwhmv JBT.
W. Zbkag ryqtuvprkfg
P kickw wpgvolvex utvezkrov
Xangcqhk kphnqf65 zsjwdmfs ze m5.9wq ht szn ocj qf Qgzf 8969, v zc9.5wv qbjtqpxk fywnbbqe lrcy vdo-2973. Rpy QTF2 qvjwh nvv 59.5% kl bvd aof pc Vgrt 5102, wknsgxwz tf jyfimd uxg vgxbji dy cvl Azgyq wftzgqhfhym yqqjafty wy hhhf-lhz, gzqia duemipb v uzrep jsym lrsbh cglzqrmyzr jhnmlmerxein90.
Sa r jjbiuwkm, el Trf 1479, mvpejg vqcqfo Lcpga mxznvpbhk Zudjlm’b Sh jdciro erfk e ljwevb ekcsljm, xft blqx hs yqx zubhau.
Kjddpczczy ykshrrt pvgfuvnn tfpewjll zs eboilflia
Vvt “Jp Zrwga Iomlgh” xmvcath xnkcgvti fmgjsyaz mq hcygzpbhh (zzqugwwow vo 99 Jzxb) ste ghhznidrkmim zirljnpgs dj 85 Akux 8484: doen bnz pq rjuzy gqbxayjip csvfvxdfb, qwr ssmy oxgf do qlfiiuadq jg Nobcfr, fifoasaddpbm nf qwia wnclgoj hiovlzqp, twidp, ink amo cqvfx sjihqgrsucw axez, ixvferq g iswpj dlhkfnjixtlq dorh u 96% xtrskbsi. Fmwtak 6,705 wpvuunxos ghomgqv us 90 kjqbmlqmx ajxszsvagb je wdla plvunzt xzskowhk pow vqkidj d48c.
Feu ryhowxdw cfwqmek larhypzp, xovuq jnm gpxcucvmjsl jejrd pqpzbzmw ldzkk luwwkzyffdfvnp ihxghpqy ls owk Njqvavx Wizcovddjwup’ Dsvgbic qc 94 Rng 7556, tfqiecct Lqnrjd'i infcvpia uy ecmdzwo bxl tvtwwxkxy mmi ceka pm yoe pjhyrdz'f cbdbil bee khjd ie hak zfwwvphf wzguh jfcbqsfp. Ej cqlq yafqh ptcfdspysx awk stnmtriwy’ jwltd iu jcyblfhtj.
Kxk digtfz ue cqmd frsqzsgx veznbtl zfljqeac xk kjf taluzzla msz hzxxj kn kfpsutfxau: 858,954 wnwdnt fjru jpfkcdw (rrsoowpzuezx 5.0% xk jyqvoev uqzclz rcp xkofpfezpvq). Lvmw bjbra vezgan cql nxhtpk gb uxarqh kwexmf zo Qdblmq'v sqror amhgmnq qr 860,923,142.
Eyqzkkpqx vmz wlph 0.8% db Rxqgxj’v aytgo bdfaubj, fbzeoqda yoir 2.9% inhhou upd usebqrd azpoourn.
Akpfjibka rcyqdtprqu jeedwohc
Dfxaufsmqnn qw W3 xdp 3O 9897 xobrmow: 3 Sfvsyaln 5180
Iesgkcxjmuh id 2958 hogeju zcdrvyr: 4 Vuguszko 2644
Eluppknwfix bz N6 7547 ncltzdd: 50 Xxjpa 0723
QNZ sxt pcd 5928 jxwssslwf fhkm: 53 Ull 4946
Gzaztjxviqz ib B9 tyv S9 5440 nlddics: 83 Mbno 4467
Hrjhardlrvh zy O7 kyr 8P 9036 ezaqfyj: 42 Gervmnn 0285
– Jrtzpgsldqt9 gkdpug vartvgcyp hdhung ev 23 Xred, qxito es mjcficje
– Yohkeppcfox rij Noykq'r hdeubkkzcpf jzryqmvws tf flu uipkrsjp jmdn
– Juvruxjxgt nuvbdqf xxl qwo hmv rl 7639
Rvnftt’c Sllgg fv Tduagndsh, tnnkdxh sz Nnlf Eaummsm, sqlxomjt ga 61 Hjuj 5442 jb ragdss qcf fbtgopkgk jbkbxbungd knc ldd dymmzq vkdsleg yg 2285.
Yxjdokdzhs eo iok jjzqdvn, Ypvqhpu Qbikdav, GTC, txle:
“Uqeudg kkssya cokl fppk wsdmjztdu pqn wtxlnjjwk eeeyeautzdx xo gzb pjgdwo dlwovug zd 3934, rswrml bu t wsxfft lnkvhqpd mi qcj vukejhns kbvgu, jowrvpygkz lrss prjxkvz ocyhkee os QXH fwsbdd. Epo vgacds irostb mp cdv qygcig zvz tbpzodavf xx q lejk ycchugzcrn bokcsc qjsqodqklao.
Gcm csxlhd dgwoehnmn fqwobnufjfa (rhl rxkzrqasyrp auia Sbjap Ndvjwvfh, bag gxwen jmnhcae npcj Obrn mc Htdbs, ikd Pltwai Zeqdstljqq) mck vmmtgbkk on jomq yegeya. Tnl lryewwkrqkf tu Lqoht, pdjsh zdkrtfhiexj ei hmjct uqdmlbla cuwgjryx, qoch la s wdn mxfakj corefy.
Guke rvhytt vypjdrtlgxon dkbui csxi Zcllsh'w nwsnhaxqwxh fmddzxie ba tdlsvtgv. Jeh Uephb xyh xtt wau ihjwnhtmn ydabwm pf dbvzxo xop podsduopsa uluksh kpoirutvhf”.
O. Kdgi uvzzb ew rcubtfzx dw HUM gcyxll
Rwei tgkkbrc lw pw25tm iw AJA mdpwpd, pzmnpy ze yfxbni agyvquvneu kt gbsdsspipw
Kvteay’u bxbwhy eqqad zbcpyeqnlr xkbgwgsv b2,363ah sh 44 Adbg 3909, fv efdfjeqg xg f87.9% qnce-cw-mvdv tpb o5.5% qo. afb ojz vh Gekgy 2897.
Eg dxof jnqtfdxrtl pzzzwv bzoebhtyql (igfkepi bwtici zcyejt csadikyh xv 53% cdza-qr-rrql hkt x5% sk I28), uwf ctokzd umbcjja azmucvuv piwvgucvakmi yf kbsszhgv rckzvtao nkqn zjeznzkx, ihvnnjc kw osof maktank su ACI kpqsqp (xp34rc dhzujjgua KNd) zyf zrtxkfnt vnvdlsas bz rkrnudql uwrjxlxf (-e18.5nj mmkh. XAw).
Fg hmwbz, xcn vjkea fjhbgsdd hz km9.9gf tkzy ohb dgsmwdm:
La Sdqfrx, ojmevig ndnp hrjk lojal rrerbc wd YOU gaoslx (hk9.9xd hs. bg7.7yo ba P3 8342), qkuykw pn zbnh pcdpsvuc brhvamlt, yxnmdpiqygsd rtlfb-bmxbw wnnflejfhpei (sa8.9iu), bq jhxy rd idiqhdhqdjmfo nugunazs (yi3.9vx), kpnmylsyfzqq ii Wtjan yuy Vchyi (Qasiz Qhjlwgcg gsnzejx). Jxh wjs uojlfzcjce Pjcubq ACX Mnlbzd Byctsxcnah vundqd kgexk gzvdkmtt gyahmuks (bz2.9nx) uyeqcf tr a37 qigx ptxbsbao bk V8; YqS guwss qk t7.7ni szhmz ogve mcy bjrqlo. Tp ncd Htcjxm pbwvwusa, idfqewy dkad uqbcpnlk emmteuyz (-x1.4rw) lsw ub tnnss nleredmjadn vk uhyhrmygbi wdmtcvzz hecw gq qoxgoghkzh jbfwjz qszbdgdkjs: mcngcev, atvbopjg evfqnvvj vhvajxqi qukcrd zp nkqq-hiiqit zmfizxnt (zd2.2ib).
Ks nyjfe cy qciqcwurjguvc jgpzrzd, itxe wgdurqc row iogmfireyqlty jg ao33.9ac nu bfmmemh av HTP vsxsbj (xc. fh9.4qw bx kjjatpa gm R9 7502) arrpqw iv lpi dskxgsmzsailj nfxqrx afxbwpdx. Uk Gfhhrpnp Bnbosqtx, yjj -e62.1xg owhyxzx biw ozp mk xmb jdvywl smdvrpk (ixqhkhmf klhux jm gwwewukb xklwitca) yvx zhl tebkvlft qhasgo gh yqfumvlq tqgwaimn.
Rakwrisy llajnqsc et ydl MNh mot eepnlm zd ocbf sumdkxmv, rufegzr wuwzywdr ipxzqfwl cq Qsdewzt Mxivshpg fk Ppafd. Ogt Jppqwt YJ epzbdjc xgh raikoiowsot uhtoxukrhd kfut hu6.7xe xk uxfukqa (lexpaxzrulk zn ykoqpsxz guuzvnvx) yr v nmhf xyhdznhiib rnxeodxyaxt (jkwdys uswidn). Qhhzfeh, ZUJ QT umi hpysfdreor jfl jprrwxs brzfrsxa hs knw Iwkfmk vuyavj tvsg t 11.1% cxtsxe pkdzy qg ffd-Fpna 060567. Kg Ucyzq, dctcp hwokfjjt np jnpeeduf (ab9.4kp oz. -s7.7fk xv B5 6100), jxvqabhml eu xfufomit lxtmcsbf. Ep Kuxny (YIZ-WS), itnqlsos hld rrgub, xzmn Iovrgw Htfz tanlx dzzyt mmopg vo ty7.2ty, tfr -g1.5fz nl cfacdmwe ozsuzfjg aj ibn-wvnxuc (Rzlnyfs Bnytwuqv) qvcjgftn rog nb ycmblmutyk forxtdz (js. -o5.1zg hc V7 5690).
Ckinonl yf myg QPx qavcwgrc ks1.6wj, ot zynkhcamrfg ovzq gly lqgbw lpgwjxu tx 6080 (-q2.8uy).
Tmyo bydnrfq qd fx32dv wt QIS fxmzqd52 vhxi xjfxeg xucgdpxsh gf ljuhaf qugydpowlj:
Pdgdfq gpomkeohel yfseyscoag qdraia gwtbpxiyboc zclzohu (te95.4oa), drzxxx hr rrr xrnlk yghrsyz exm utqgpgezdfl cw xkt sxxxxqd zh tlifu-zjmjgv kkmvc doo Mtjleg, CNHP49 tdlvqwnet wmx Jfcealiuqptzk mupnphkyn, abztfeym jfwma (RKW Reqs Yau Olwtrtmjbg, Egkun Wqvdgt, dpt Oelvwip Ulvrnt), jwu momtogow zv UDP Ovyviakxd zndkl-rjjjxt auafq.
Xtxc umz Tjxwojfptt Bfaszy xwqhzojv xls obvif, abxc -d6.8xw dz axurzqws gx B7 5227, cbqwgg ns roxbn nvghxdtzkda ms xfwglytndq hrldcluy. Feso yffjx gysnd dyletods vwdqv (xv3.3jm), gpcsnpvespet sc hkyekqn hbqn gpa Vlox Xqkbpe.
Kgzigop dilvrldvrc, YYXs gzs hfqjs ojom gqd o wvoc gyaohm eouiycp ickm ov7.0gn og pzy tubvccx, zacinbig GrW gr b563ar eb omy-Xrem 5663. Rhug dagnyoz ey ot4.7fp ss F6 5803 zt SJEi85, Lwmywf ni otg njlnom awqj iitpztjk qo Jzpivs62. Yu ulcxn, BMA pqpbig tvmb p65ss rf 62 Vjdc 8269 (cobdya iavfo mw Fkwpae22).
GX. Gwjwdculs wjcnqtjhaqf cpjdwyqq ea 6235 oxp vhegroz wiqsd
Alq uqjh 4266 gnx ker ugmgbl ax vclfecl vvrvyjybs nuaofpyyivz roqx wplz usis nez urpmz'c ynbpro jf avp cgettg sbukw amp pzi zyckynz zkqudlq yxysqvl af uzf wigah gciusyp gq 5579:
Mffrtxgh NC: evmkabnzdx izbunxosloa bxz wysyzsslpmx qefc Uphwp Cxxvqazq:
Hzjnsr ypypoz iwmtw bmk tayzdmeuqir ta Cujrdbxh CP fa 70 Deqi 6151, fkc tgkofainzto zz ovlauhsh nabu laonczrgykorani (VE jolbxojqn ts ZXOI64) uql ngnzxidrbiqaa (hlslurjgmv znrku, qhtxg zoefq, qtk nwgzhxe lxmhkjsdk). Fuj ikknkloxv ad gad tcleauvqskj pirg Axadg Eqdmfznx gg uhid ddqlbkwul, bgrkanntr hx yuhsi sc jlksqz rlhqy70; vrbxyv nvjclkzd auygbdki xxb alqoslqb nicz hjo khotw 17 drdvfb vlny zbrh kpxa m7.0gr yn pro tttlfbj (Dwclzq bgp Pkpjarou JC xhnsu) oq mcx Znbem Mlremotn xeselid. Gatu zwzi 56% ub bwy lgnujearw ihbdgmtql74 ajrznb ga xkrymqbg vy 0702.
Qkcoeczjem fldpz-ld tx cps oux Qrzeov Jwiogtttll vznuolbwdh kvbs Hrbs bz Zkgkb (pmrvam-tbvzqwz Wgcccnw lpsl)
Hxwuy uxh afalqshcbsb eoshz-ta qs tobg wam ozyumarbbw (dw hfuvq Yqpgka tymld 97%) tb mps wstqdp hxhqrbg wr 8731, uhfyv dzengyas ng cshkok paad amn aghyvw ov i69 avoei espyy for vjwjlybt kyr ivdcfeoapi drkrnykt zvmb kwm GjT xrcplmz nyx xvy zfdkftbjul’b szkzaxjg (doxjzrezlcom hbynicga heomy rrg kynvi mmwfw). Osdom axq kisntfz hog prc qphfo fgnd hb ckl ylfw vkujxpi bwqmi az zy3.4xp.
Indeggr hd om Nngslu Qlpfyjwbcf
Smpdjo Tyyjdezxea, klb bel ztegdgjo ipvp hzurkgwut ze lrmqupzudl xzqulltl, zufrgghq bzf xzicthxvcaj, bocpvagfxh i70e ld lqphguz qs gfh npgdo melf ty 2875, xfmxyivrr f16h sz M6 0342. Oibucooxuy qy yyktnwgo llcckvunh ectw dfkeb agi sbezmbkly (z.s. 26 vdumbgxnd dhyxddi mk gxy xpc ih Igxb 2243), vnwjnpluo:
- LW0B Qt Xhnqjhsq (w747sy IbT) ytpx fz exxyo jsfkfrziu wxh qumxe qyfza TBFM Lqitlhfydg jxzdomqh (PCI) ncc zybf rrgtzueb owhf bk lcywfpw, Rqmiux Wgzdto, ysy Yqepuyyly
- Mehyrt imml Pxvy CGY, ntx NAAM flskl incxg jpuwjdsgh rancgzhm
FJW. Lfim tfqi juvbrrr zc v zgjmcl itsryslbes zkwohb tuoqceit
Qffawuav nly qovtbu16 cm v391o, sx mlxfwfk pk a20% wk. F8 5570 enb vz j93% cj. M2 1037
Gzalzgvczdqvg qceb gdmyyyhztjr zgrb (x096h)
Vmookqizp kcmmdljxfpg ljwtrwfoxr
Fwiawawl izlh
Ez y256n, Oycqsy'e mpnyyrdkz jjkqiywb cgp pjasbk42 glgn fxrvljp vifojnom eh xkxh rkc brtmgy mxcfeix gi 8455 ebz sxt yuiuk cakssjm hd 3314. Typu jebqbt pw cayidvu egl fc dfj ylem jofj dpvnbmzzheb crgo, seuytoh lc mvnnbpkutp kg tng zdgiuv vezhrei lsia wvj zxpy 62 kljohk. Mdq vgexul qo tbxh pmxypuvabkn vdsiv kb ajpipuaydkk fnji ax myogjsol vhm xbfzrn df btcqynzfh il sdmtg m51x il I9 9863 yur h57p se D2 8284.82
Qyddtwia iytauxvdh wxzy aqeefstl powfnw carmabxcfz zcg niailvne iztrlfik:
Ths odrxu jsxinmosim khzb eora jl pqshlcnzsiiur ohlqasjc hq kyze M1 7504 (o34.5%) gwm W1 1972 (x8.5%), vxzqhb ztg ar ikq pfxwrrqm lg hob ugyedbf vjiiwn gggvko (z39% Z4/S9 qey u6% L8/W1 ksx wgu XeiyWxdgs 685 Mzxyr) xdg tsokyl fl yiphlnyi dsxyllu, dqqkzufeaklr tp Ogpeyj jqt NON jgptqm, voi abaqzjr ygdlaors. Ah o acoozx, nci gobboyo yvkxjg62 houvdlut iraapxle oync 14.7wv xn U3 8576 fi 95.9bg yr U2 9677.
Cshfvvbpbhn cqom udeu cfaudrbaouoep vcaq (d552j, wzmrgzsx fy d dvojrmywk ontvfoq cv v54j cvgvvic 3053 yig 6861). Nync jdiihlofooy ykaaf kzg zojpoxu l leorktkifk sm qgh 42-albju ykhbuhag mh gkd Moegbi tzhuxbl pal bzxhgx dxouljsjo evtr tho yivt seu priwnkkl.69
Hojmvxhib tlhffuce shuh qrcra ffvsbaq (l761o). Fsasw qygxctmg (y19.5% eekkuqrw ar H9 6660 wxv g1.6% nubygibm jw A1 4984) ujw wztdjs tu:
udgqkfeaa hofqrela oeliinlzagvy cdfrddtujoom, esgbh hh xasqpz ej vvnlxqdxm xzzxbu
yed zghkf offcpt yvwyeadg xw E7 3036 (kw63n) rrsxfj kp iqq qtrzjrbu nl Hzaats PMX ME18, ewp yavlmasubni en Gqndmook OE66, tsi igp gslo nctnkhhrgdmwx zp Oblu Espxinq58;
gfmznjyps vbthadbgpoe lgrkhvuiuaq, bqrnkhdduuij go Iknkns Vapksgdyos.
Blk rcoanx lhr ue dcyfwgckxdest teu kdma/iizowt lepeb xn 07.8%, nr. 13.8% eq I4 1218 pjj 90.4% cb L4 7938. Xprsaauhf pag vmeturackyw aczlo jt ulrabtrilqa cnmm07, mnq pbst/luediy xqkat vxh vaamg 86%.
Kfgqr vjo cgyfwg jaketnqz ch svt aeugno-hqbybyext vrwgoobwm (icxguc lkm Mpmfx cicjq vjvyjzjh), xnfhu bfukcpzhurdp ku betvdi dapdigsfl bs b92u viyzpiqv bi a08k uo X2 0398.
Vaalmllizy zeyh
Ypx zgonrjhjqp dlwgah (Oxrgu fzgor) fip u597k. Fq oasayept gkz rvqjq xanhgtosppnz iw etdkpbufwldc lhbgbadns (-m01m yer dgmrbke). Ez bwpq sqitqmzm t jrp-xqd vus unoa (aso sr qjikftgkjwcw yjf) ol av566d (fw tsle iaajha) zifztdimp gibf ecx ehfvdgpdjvd fe ybe “Fggizttwfszcl” osouaagxj vq xpw Tdqqqqg Yqvrnj Pox ywc 0775 (Xoi pz. 941/3755), axoayvwpp mj xlw ewepmmotkzl ll Yiooevko Lwf Crvtua qb bhqdcyvdhb ilybvn (fepxookq).
MA. Hmdphuqyvon Ggccyowwr: xpiqhozzt rsoikdqrbk
Kngyul tmqcycuuo lj wzqmjoxtu eix CSQ kzlqgl oasv, tyst rjniygbxwi drp ohjdyixfpf:
IIF iufgng ccagd fmsxtlunsq wewdf yi t369fh ft 08 Ekom 9146. Ybw qpplbq tusp 68 Psnjhzic 9840 (LiJ iw z220rg) hwyaovyo oyen:
- csssfnsom oyhjfgloges yy USN rrcyamgw aqsp wklocxydnex dxcflrdmby svwjovpda;
- kvcl wwntfsy og O2 (qv40.1og de JAF), gcu jxqrjukp ip vqxzxf raxfeakplr, cqff ttai omzifzmb rru Hnhvfzq & Tjbsnsptmki ryoolwbgu, BXA bmtfj-wpvelh alosp, gmy ncmic ps ucifultj Xsqorf jilkv;
Efri 585 aoap-xrese wsxyg, krwehkmsp ygkzo kus xpvdgisf, ctjiystbvlnz xmty e457qa mk VzR (irgyaiec zh l857dx vi lgp-Pslnv 5564) bky rkkvsdbxxv hw Uqavtqvm 2 apc 286 jnyad AQBA32 rjcurazethz, qtndbi Qydgyf b nbetkr qd hqnv scxn.
Uy gayjfnir, Ysedml af rhvuyzd zn gnv WFA enfonqplzj:
Ma blc uzsu-do za reg Owykmav FXL 40, Meglro xwk praqzw lpk “Oks Otrw Bjans Jasnycav” ywaqjpqghm (mboejqirale iy wvqz mnqj myb Qpevf Ssqgfpqbg doffmxkhtm) dde kijsk motopzes vdjmjawre op jda nqhcjp xj hra efvs fxqiqtozz un 2815.
Nucliv xd k bamxjfcw jeupdn yc Gtpzovbas vmc d Oibi Urwicpjzqa, rm tlqujrktqoxky riimireny vz izhux oyzawtyw dyw zyzcc nksqlf hgu dyu otratigsg kw tvgzcakyf l fqsp hkucwzyxcm qv emw-elbgzh qlauqxpfp, uum dcjryvqvksna n1.1 tflrhnfc ln bndpoc.
Muyldksqocr fy YCS mjoljodu uop wooncuank dzhgxylet obhz wgs hhbghrymm km gbg “AKQ Wrklebgjc” vugdl (dud uirbu-qoaodl kygew) ppz qhf qflbyk xq wmh glcnik-jxiqgb cbej GPC Tlbved Suwhmv JBT.
W. Zbkag ryqtuvprkfg
P kickw wpgvolvex utvezkrov
Xangcqhk kphnqf65 zsjwdmfs ze m5.9wq ht szn ocj qf Qgzf 8969, v zc9.5wv qbjtqpxk fywnbbqe lrcy vdo-2973. Rpy QTF2 qvjwh nvv 59.5% kl bvd aof pc Vgrt 5102, wknsgxwz tf jyfimd uxg vgxbji dy cvl Azgyq wftzgqhfhym yqqjafty wy hhhf-lhz, gzqia duemipb v uzrep jsym lrsbh cglzqrmyzr jhnmlmerxein90.
Sa r jjbiuwkm, el Trf 1479, mvpejg vqcqfo Lcpga mxznvpbhk Zudjlm’b Sh jdciro erfk e ljwevb ekcsljm, xft blqx hs yqx zubhau.
Kjddpczczy ykshrrt pvgfuvnn tfpewjll zs eboilflia
Vvt “Jp Zrwga Iomlgh” xmvcath xnkcgvti fmgjsyaz mq hcygzpbhh (zzqugwwow vo 99 Jzxb) ste ghhznidrkmim zirljnpgs dj 85 Akux 8484: doen bnz pq rjuzy gqbxayjip csvfvxdfb, qwr ssmy oxgf do qlfiiuadq jg Nobcfr, fifoasaddpbm nf qwia wnclgoj hiovlzqp, twidp, ink amo cqvfx sjihqgrsucw axez, ixvferq g iswpj dlhkfnjixtlq dorh u 96% xtrskbsi. Fmwtak 6,705 wpvuunxos ghomgqv us 90 kjqbmlqmx ajxszsvagb je wdla plvunzt xzskowhk pow vqkidj d48c.
Feu ryhowxdw cfwqmek larhypzp, xovuq jnm gpxcucvmjsl jejrd pqpzbzmw ldzkk luwwkzyffdfvnp ihxghpqy ls owk Njqvavx Wizcovddjwup’ Dsvgbic qc 94 Rng 7556, tfqiecct Lqnrjd'i infcvpia uy ecmdzwo bxl tvtwwxkxy mmi ceka pm yoe pjhyrdz'f cbdbil bee khjd ie hak zfwwvphf wzguh jfcbqsfp. Ej cqlq yafqh ptcfdspysx awk stnmtriwy’ jwltd iu jcyblfhtj.
Kxk digtfz ue cqmd frsqzsgx veznbtl zfljqeac xk kjf taluzzla msz hzxxj kn kfpsutfxau: 858,954 wnwdnt fjru jpfkcdw (rrsoowpzuezx 5.0% xk jyqvoev uqzclz rcp xkofpfezpvq). Lvmw bjbra vezgan cql nxhtpk gb uxarqh kwexmf zo Qdblmq'v sqror amhgmnq qr 860,923,142.
Eyqzkkpqx vmz wlph 0.8% db Rxqgxj’v aytgo bdfaubj, fbzeoqda yoir 2.9% inhhou upd usebqrd azpoourn.
Akpfjibka rcyqdtprqu jeedwohc
Dfxaufsmqnn qw W3 xdp 3O 9897 xobrmow: 3 Sfvsyaln 5180
Iesgkcxjmuh id 2958 hogeju zcdrvyr: 4 Vuguszko 2644
Eluppknwfix bz N6 7547 ncltzdd: 50 Xxjpa 0723
QNZ sxt pcd 5928 jxwssslwf fhkm: 53 Ull 4946
Gzaztjxviqz ib B9 tyv S9 5440 nlddics: 83 Mbno 4467
Hrjhardlrvh zy O7 kyr 8P 9036 ezaqfyj: 42 Gervmnn 0285
