Dia 4

   

5 sgcgs sgcgstrgs trgs =75 sgcmj sgcmjms ms =8 RXNCG RXNCGYRXGY YRXGY 4

9 MJKY

IMTNRMA

CKJRK RMYM BG NJRGXGY YNCTAGY YNCTAGY, CMRGCMRNIK, XGMA

NJRGXGYGY CKJRK IMTNRMA TAMVK

N C I J

Inj I(=+nj) C/(=+nj) ((C/I)-=)/n

RMYM

n

((C/I)-=)/j

CKJRK

IMTNRMA

R

YKJ AKY XGB GY GA UMAKX GY GA UMAKX GY GA RNGCT AM RMYM BG N

BGYIWGJRK HMJIMXNK K IKCGXINMA IKCTWGYRM GEGIRNUMY

Gfgcpak. Yn jks pnbngrmj gjikjtrmr ga ckjtk qug pkbrí miucuamrsg pkr ujm njvgrsnùj bg =4,444 gj ujm IKJRNJWMY iugjtm bg njvgrsnkjgs qug pmom uj 8% hncgstrma sncpag ma tgrcnjk bg 8 mýks, 7, cgsgs y =? bãms. ]ug `migcks;

NJUGXYNKJ IMTNRMA RMYM TAMVK

=4444 8% HNCGYRXMA =2.?099999 HNCGYRXGY

CKJRK

C C

NJRGXGYGY

C-I   =8,>75.5?   =4,444.44   8,>75.5?

CKJRK BG NJRG

RNGCTK

+

NJRGXGYGY

BNMY

8 MJKY 7 CGYGY =? BNMY

I(=+nj) =8,>75.5? =4444*(=+(8%*=2.?0999)) =444*(=+(4.48*=2.?0999)) 4 =4,444.44

RKRMA BNMY ?84 =74 =? 00? BNMY = HNCGYRXG 54 BNMY 954 94 =

=2.?09999 HNCGYRXGY CKJRK =8,>75.5?

=8. Ikj

 

Ikjvngrtm =0 trncgstrgs m qunjigjms =0 RXNCGYRXGY

BNMY >4

=584 RKRMA BG BNMY

XGOAM 8

=7 BNMY BG AM ]WNJIGJM =40 ]WNJIGJMY

IKJUGXRNX GA RNGCTK M =4 RXNCGYRXGY 7 IWMRXNCGYR IWMRXNCGYR 84 BNM BNMYY

Iumjtks bãms trmjsiurrgj bga 8 bg eghrgrk ma 89 bg sgpgchrg bga cnsck mýk. X/ R. Xgma3 899 bãms y R. Ikcgrinma3 89= bãms EGI@M NJINK 8/8/848= RNGCTK XGMA RNGCTK IKCGXINMA EGI@M ENJMA >/89/848= +BNMY(EGI@MNJNMA,EGI@MENJMA) +BNMY954(EGI@MNJNIMA,EGI@MENJMA) -899 899.44 89=

7. Iumj Iumjtk tkss b bãm ãmss trm trmjs jsiu iurr rrgj gj bg bgaa =2 =2 bg bg eegh ghrg rgrk rk ma 5 bg bg mmok okst stk k bga bga cn cnsc sck k mýk mýk.. X/ X/ RR.. Xgm Xgma3 a3 =? =?9 9b bãm ãmss y R. Ik Ikcg cgri rinm nma3 a3 =? =?8 8b bãã EGI@M NJINK 8/=2/848= RNGCTK XGMA RNGCTK IKCGXINMA EGI@M ENJMA 0/5/848= =?9.44 +EGI@MENJMA-EGI@MNJNINK =?8 EGHXGXK CMXVK MHXNA CM^K FWJNK FWANK MOKYRK

80

=2 9= 94 9= 94 9= 5 =?9

EGHXGXK CMXVK MHXNA CM^K FWJNK FWANK MOKYRK

94

=5 94 94 94 94 94 5 =?8

8. Iumjtks Iumjtks bãms trmjsiurrg trmjsiurrgj j bga 2 bg Mh Mh EGI@M NNJ JNIN 2/2/848= EG EGI@ I@M M EENJ NJMA MA 0/ 0/88 88/8 /848 488 8 TAMVK

TAMVK 7. Iumjtks bãms trmjsiurrgj bga =2 bg eg EGI@M NJNIN 8/=2/848= RNGCTK XGM EGI@M ENJMA 0/5/848= RNGCTK IK

 

YM BG NJRGXGY YNCTAGY

 

NRKY ]WG KEXGIG WJ IMTNRMA M RXMUGY BGA RNGCTK EWRWXK TKX TMOMX, GY YWCMX GA IMTNRMA + NJRGXGYGY, GY GA RKRMA M@KXXMBK BWXMJRG WJ INGXRK TGXNKBK BG RNGCTK TXGYGJRG K GA UMAKX BG IKCTXM, TXGINK BG EMIRWXM, UMAKX BG AM NJUGXYNKJ , UMAKX BGA BGTKYNRK @K^ ]WG @M^ GJRXG GA IMTNRMA ^ GA CKJRK

       

JRGXGY YNCTAG….(CGJYWMA, MJJWMA, RXNCGYRXMA, YGCGYRXMA, BNMXNM, IWMRXNCGYRXMA, HNCGJYWMA ,HNCGYRXMA, ]WNJIGJMA

 

vngrtm =4 trncgstrgs, 7 iumtrncgstrgs y 84 bãms m qunjigjms X/. =4=.999 qunjigjms

 

 

 

NMY

>4 =84 =

>44 544 84 =784 GJ RKRMA BG BNMY =7 BNMY BG AM ]WNJIGJM =4=.999999 ]WNJIGJMY

rna ma 88 bg Mokstk bga snoungjtg mýk. X/ R. Xgma3 747 bãms y R. Ikcgrinma3 2>0 bãms RNGCTK XGMA   +BNMY(EGI@MNJNMA,EGI@MENJMA)   +EGI@MENJMA-EGI@MNJNINK -747 747 BN BNMY XGMAGY RNGCTK IKCGXINMA   +BNMY954(EGI@MNJNIMA,EGI@MENJMA) 2>0 BNMY IKCGXINMAGY

 

hrgrk ma 5 bg mokstk bga cnsck mýk. X/ R. Xgma3 =?9 bãms y R. Ikcgrinma3 =?8 bãms =?9 TAMVK GJ BNM BNMYY =?8 TAMVK GJ BNM BNMYY

 

=. =.-- Ga =? bg jkvngchr jkvngchrgg bga 84=5 84=5,, ujm gcp gcprgsm rgsm iikcgr kcgrinma inma ikj ikjtrm trmfk fk ujm bg bgubm ubm p bg 274, 274,744 744.44 .44 B Bùam ùamrgs rgs,, pm pmom om u ujm jm p prnc rncmmbghgrí bg bgaa 84 84% %pmom y gar rrgst gstk k ak p pmo momr mrí = =2 2 bg sgcgstrm sgcgstrma a sncpag. Imaiuamr ga vmakr qug pmomr am gcprgsm m íamga egi`m bgmo hmsg bg iimaiuak maiuak bg nnjtgr jtgrgsgs gsgs ikcgr ikcgrinmags inmags h. YYgg ua uanzm nzm iíaiu iíaiuak ak b bgg gc gcpk pk rgma y h iíaiuak bg gcpk ikcgrinma y hmsg bg iíaiuak bg Njtgrgsgs Ikcgrinmags. Ikcgrinmags. b. Am 222,529.74 (usmr (usmr hmsg 94/954 94/954)) X/3 m. m.-- 28>,985.74 h h..- 280,908.94 i. i.-- 280,754.5

egi`m njninm EGI@M ENJMA

==/=?/84=5 IKYRK 0/=2/84=? TXNCM

274744 84%

>4=44

ABGKYRXXGMYARM 954244 YM YMABK TGJBN RMYM =8.?7% YYM GC YNJCRTGAG m. Yg uanzm iíaiuak bg gcpk rgma y hmsg bg imaiuak bg njtgrgsgs ikcgrinmags IMTNRMA 954244 TAMVK 4.?7 EXMIINKJ BG MJK RMYM 87.744% MJJWMA YNCTAG CKJRK3 C

28>,985.74 GA G A YMABK TKX TMOMX GA =2/0/84=? I(=+nj)

h. Yg uanzm iíaiuak bg gcpk rgma y hmsg bg imaiuak bg njtgrgsgs rgmags IMTNRMA 954244 T AMYVMK RM CKJRK3 C

4.?98>7?.784544% 9M EEX XJMJIWIMNKA JYNB CGTM AGJK 280,908.94 GA G A YMABK TKX TMOMX GA =2/0/84=? I(=+nj)

i. Yg uanzm iíaiuak bg gcpk ikcgrinma y hmsg bg iíaiuak bg Njtgrgsgs Ikcgrinmags IMTNRMA TAMVK RMYM CKJRK3 C

954244 4.?2=5555? EEX XMIINKJ BG MJK 87.744% MJJWMA YNCTAG 280,754.57 GA G A YMABK TKX TMOMX GA =2/0/84=? I(=+nj)

b. Am egi`m egi`m gj am gcprgs gcprgsmm bghgrãm bghgrãm pmomr pmomr am imjbmb imjbmb bg 222,529. 222,529.74 74 (usmr hmsg hmsg 94/95 94/95 IMAIWAMX GA TAMVK J ((C/I)-=)/n J3 4.>=55555? MJKY J3 IMTNRMA 954244 IMTNRMA CKJRK 222529.7 CKJRK RMYM

87.744% YNCTAG MJJWMA 4.>=55555? 954

994

RMYM 85?

59

 

EGI@M NJNINMA

EGI@M ENJMA

==/=?/84=5 0/=2/84=? 0/94/84=? >/94/84=? =4/=?/84=?

85? IKCGXINMA =5 94 =? 59 994

iumtrncbga gs 5. Maoungjpkr mpgrturm ujm iugjtmbgspuîs bg m`krrks qug pmom ujm tmsm bga 2% mpgrturm $ =,744< 5 cgsgs bgpksntm $ =,574< =8 cgsgs bgspuîs iumjtk tgjbrí miucuambk gj am iugjtm m aks 8 mýks bgspuîs bg mpgrturmbm.; X/

BGTKYNRKY Y

RMYM

2% IWMRXNC YNCTAG

4 =744

5 =574

BGT MTGXRWXM

YGO BGT

BGTKYNRK MTGXRWXM RMYM TAMVK IMTNRM CKJRK3

YGOWJBK BGTKYNRK RMYM TAMVK IMTNRM CKJRK3

NJRGXGYGY

2% 5 =744 =054 954

2% 2.7 =574 =>2? 8>?

7. Am gc gcpr prgs gsmm uj I Imc mcmr mrkj kjgs gs bg bgaa Yur Yur, jgigs gsnt ntmm iikc kcpr prmr tgrrgj gjk k mmbn bnin inkj kjma ma bg 84 844 4` mtrmivms pkr aktg vmakrmbk gj, Ajgi =,744,444.44 6mr uj tgrr  m.- 74% 74% ma ikjtmb ikjtmbk k y mbgcís bks p pmoks moks bg A 504,444 504,444 imbm ujk m 5 c cgsgs gsgs y uj mý h.h.- 94 94% % ma ik ikjt jtmb mbk k y mmbg bgcí císs tr trgs gs p pmo moks ks iimb mbmm iu iumt mtrk rk cg cgsg sgss (2 (2,0 ,0,= ,=8 8 cg cgsg sgs) s) b bgg A 25 25 Iuma bg ams bks kegrtms kegrtms gs am cís ikjvgjngjt ikjvgjngjtg, g, sn am tmsm bg njtgrîs pm pmrm rm njvgr njvgrsnkjg snkjg cgfkr kpinùj bg ejmjinmcngjtk gs am ‑h–

  M)

=,744,444.44 74% ?74,444.44 +

5 504444

 

I

5% 9 7?5,8?=.=>

C/(=+nj) =,085,8?=.=>

H)

94% 274,444.44 +

 

2 254784 5% 8 2==,=?0.7?

+

 

=,7?=,=09.98

8. Ga Ga 7 bg gjg gjgrk rk bg bgaa 84 84=7, =7, NIC NICM M Njt Njtgrj grjmin minkjm kjmaa iikcp kcprù rù uj gqu gqunpk npk bg Rgag gagikc ikcujn ujnimi imi prncm bga =7% y ga rgstk ak pmomrí ga 9 bg mokstk bga 84=7, ikj ujm tmsm bg njtgrîs bghgrí pmomr pmomr NICM gj am egi`m bg vgjincngjt vgjincngjtk, k, sn6 m. Yg u uanzm anzm iíaiua iíaiuak k bg gcp gcpk k rg uanz uanzm m iíaiu iíaiuak bgAAmmgcp gcpk rgmaaammyqu hm hmsg bgMiíai iíaiuak uak ãm bgp nj njtgrg tgrgsgs rg rgmags mags u uanzm anzm ií iíaiu Ikcgr Ikc grinm inmags ags.ak . b. egi` egi`mmk gj qug gsgNIC NICM bg bghgr hgrãm pmo momr mr aammsgs im imjb jbmb mb i. b bggYg 89 890,9 0,982. 82.57 57aiu ( 829,=>2.22 b.b.- =?7 bãms, am egi`m gs ga 8> bg fuj fujnk nk bga 84=7 tt.r .r.. y 94 fujnk bg 84=7 t.

egi`m njinma egi`m jma tmsm tmsm

=/7/84=7 ik i kstk 0/9/84=7 - prncm 5.87% impntma trncgstrma sncpag 2

874,444.44 =44% bga hngj k bg am emiturm =7% 9?744 8=8,744.44 07.44% vmakr mituma b XGOAM # 9 skamcgjtg IWMJBK @MHAG BG NJRGXGY XGMA, NJR

87.4444% mjjuma sncpag . Yg uanzm iíaiuak bg gcpk rgma y hmsg bg iíaiuak bg njtgrgsgs ikcgrinmags IMTNRMA 8=8,744.44 RMYM 87% RMYM YNCTAG MJJWMA TAMVK 4.70999 GPTXGYMBK GJ MJKY

CKJR CK JRK K

829, 829,20 20>. >.70 70 YMAB YMABK K M TM TMOM OMX X M AM EGI@ EGI@M M BGA BGA 9/40 9/40/8 /84= 4=7 7

h. Yg uanzm iíaiuak bg gcpk rgma y hmsg bg iíaiuak bg njtgrgsgs rgmags IMTNRMA 8=8,744.44 RMYM 87% RMYM YNCTAG MJJWMA TAMVK

4.7?792 GPTXGYMBK GJ MJKY

 

CKJR CK JRK K

829, 829,45 457. 7.4? 4? YMAB YMABK K M TM TMOM OMX X M AM EGI@ EGI@M M BGA BGA 9/40 9/40/8 /84= 4=7 7

i. Yg uanzm iíaiuak bg gcpk ikcgrinma y hmsg bg iíaiuak bg Njtgrgsgs Ikcgrinmags IMTNRMA 8=8,744.44 RMYM 87% RMYM YNCTAG MJJWMA TAMVK 4.7???0 GPTXGYMBK GJ MJKY CKJR CK JRK K 829, 829,=> =>2. 2.22 22 YMAB YMABK K M TM TMOM OMX X M AM EGI@ EGI@M M BGA BGA 9/40 9/40/8 /84= 4=7 7 b. Am egi`m gj am qug NICM bghgrãm pmomr am imjbmb bg 890,982.57 (usmr hmsg 94/954) 94 /954) IMTNRMA 8=8,744.44

CKJRK 890,982.57 RMYM 87% MJJWMA TAMVK 4.205= GPTXGYMBK GJ MJKY J ((C/I)-=)/n GJIKJRXMX GA JWCGXK BG BNMY HMYG 954 NJRGXGY IKCGXINMA BNMY =?7 RNGCTK IKCGXINMA EGI@M NJINM

EGI@M ENJMA

=/7/84=7 =/94/8 =/9 4/84=7 4=7 94/48/84=7

87 94

9/94/84=7 2/94/84=7 7/94/84=7 5/94/84=7

94 94 94 94

=? =?7

?. Maoungj mpgrturm mpgrturm uj ujmm iugjtm bg m`krrk m`krrkss qug pm pmom om ujm tmsm bga 2% sgcgstr sgcgstrma ma sncpa ujk bg mpgrturm pkr $ =,744< 5 cgsgs bgspuîs bgpksntm $ =,574 =,574=2 852

 

2. ]u ]ugg ag ikj ikjvngj vngjgg c cís ís m u ujm jm pgr pgrskj skjmm q qug ug qun qungr grgg vvgjb gjbgr gr uj akt aktgg b bgg ggagit agitrk rkbkc bkcîs îs njtgr njt grgsg gsgss bga = =4% 4% tr trncg ncgstr strma ma bg bgjt jtrk rk b bgg =0 cg cgsgs sgs.. h.) rrgin ginhnr hnr 7 74,4 4,444 44 b bgg prn prncm cm y mmbg bg rgspgivmcgjtg. rgspgivmcgj tg. Bgtgrcnjg m qungj vgjbgrag sn sg ikjsnbgrm ujm tmsm bg rgjbncn kpinùj bg vgjtm gs ‑m–

m.) rginhnr 84,444 bg prncm y mbgcís uj pmok bg =44,444 cís njtgrgsgs bga =4% trncgstrma bgjtrk 4 =0   84,444.44 =44,444.44 =4% RXNCG YNCTA YNCTA 5 RNXCGYGRXG RNXCGYGRXG =5 =544 4444 44 CKJRK KJRK TKX TKX 8.74%   I

=0 ==4,922.09

=94,922.09 CGFKX KEGXRM BG UGJRM C/(=+nj)

h.) rginhnr 74,444 bg prncm y mbgcís bks pmoks bg 24,444 imbm ujk m aks =4 y 84 cgsgs rgspgiv 4 =4 74444 24444 CKJRK 8.74% CGJYWMA CGJYWMA YNC =4 CGY CGYGY GY  

=40,555.5?

98444 IMTNRMA IMTNRMA

X/3 m.- =94,922.09 h.- =40,555.5? am cgfkr kpinùj

 

 

r am ikcprm bg uj gqunpk bg vgjtms iuyk ikstk gs kstk bga 84=?, ikj ujm tmsm bg njtgrîs bga =8.?7% gjincngjtk,, sn6 m. Yg uanzm iíaiuak bg gcpk rgma y gjincngjtk msg bg imaiuak bg njtgrgsgs rgmags i. Yg uanzm gi`m gj am gcprgsm bghgrãm pmomr am imjbmb bg

b.- =? bg kituhrg bga 84=?

 

  -MHKJK BG TXNCM, YMABK ]WG YG MHKJM K YG YG TMOM M AM BGWBM NGJRG TKX TMOMX …. GA XGYRK BGA BGA BNJGXKK bnms rgmags bnms ikcgrinmags 8?a4 gcpk 5?nma gcpk gc pk rgma rgm gcpk ikcgri ikc8grinma

NJRGXGY XGM NNJ JRGXGY IK 957

954

XGOAM # 9 IWMJBK @MHAG BG NJRGXGY XGMA, NJRGXGY IKCGXINMA…... AM RMYM

) 994 954244 222529.7 4.4?=%

==/=?/84=5 =8/=?/84=5

94

=/=?/84=?

94

   

8/=?/84=? 9/=?/84=? 2/=?/84=? 7/=?/84=? 5/=?/84=? ?/=?/84=? 0/=?/84=?

94 94 94 94 94 94 94

>/=?/84=? =4/=?/84=?

94 94 994

rma sncpag, rgmanzmjb rgmanzmjbk k aks snoungjtgs bgpùsntks6 ujk bg öack bgpùsntk rgmanzm ktrk pkr $ =444< bgtgrcnjg N3 ?=? C3 2,05?

  WIGYNUKY ^ JK YKJ NOWMAGY

8 MJKY MJKY 82 CGYGY =054 =>2? =454

=0 =444 RGX BGT

RGXIGX BGTKYNRK RMYM

205? YMABK M@KXXMBK M AKY 8 MJKY 2% RMYM YNCTAG IWMRXNCGYRXMA

TAMVK IMTNRM CKJRK3

=.7 GP GPTXGYMBK GJ IWMRXNCGYRXGY GA RNGCTK XGYRMJRG =444 =454 54 3

?=? CKJRK BG NJRGXGYGY

gitírgms pmrm mcpanmr sus gstmjqugs bg prkbuiinùj y rginhg bks kegrtms hmstmjtg

 

rgspgivmcgjtg. 4,784 imbm ujk. sg ikjsnbgrm bga 5% hncgstrma sncpag. X/3 m.- =,085,8?=.=>< h.- =,7?=,=09.98 am

=8 504444 XGOAM XGOAM #2

 

5% GFGXININKY BG KEGXRM KEGXRM 3IKCTXM K UGJRM UGJRM 5 YNGCTXG IMAIWAMX GA UM BG IMBM WJM BG AMY KEGXRMY, TMXM GYI GYIKOGX KOGX AM CGF  

744,444.44 TGXK.... YN IMBM KEGXRM TXGYGJRM WJM RMYM BG NJRGXGY…. GJRKJIGY YG BGHG GA CKJRK CKJRK BG BG AM KHANO KHANOMIN MINKJ KJ TXNCG TXNCGXK XK ( K YGM YGM YG BGHG BGHG IMAIW IMAIWAMX AMX GA GA CKJRK CKJRK I EKXCWAM BG YW RMYM BG NJRGXGY NJRGXGY BG AM KEGXRM) ^ BGYTWGY YG IMAIWMA GA UM RMYM BG XGJBNCNGJRK .

 

0 254784 5% 2 9?=,90?.=4

+

=8 254784 5% 5 990,5=?.57

nkjgs iuyk ikstk gs bg 874,444.44 Bùamrgs, pmom ujm bga 5.87% trncgstrma sncpag. Imaiuamr ga vmakr qug ma y hmsg bg iíaiuak bg njtgrgsgs ikcgr ikcgrinmags inmags h. Yg ak bg gcpk ikcgrinma y hmsg bg iíaiuak bg Njtgrgsgs smr hmsg 94/954) X/3 m.- 829,20>.70 h.- 829,457.4? i.-

i)

g am bgubm, smabk pgjbngjtg pkr pmomr, smabk njskautk ,vmakr mbgubm  

XGY IKCGXINMA…... AM RMYM YNGCTXG BGHG YGX MJJWMA JWCGXK BG BNMY GJ: RNGCTK XGMA RNGCTK IKCGXINMA   8=4 NJRGXGY XGMA 957

840 NJRGXGY IKCGXINMA 954

 

g, rgmanzmjbk aks snoungjtgs bgpùsntks6 ga öack bgpùsntk rgmanzm ktrk pkr $

jbrí miucuambk gj am iugjtm m aks 8.7

8= =444

8? -=444

BGT IMTNRMA RMYM TAMVK CKJRK3 NJRGXGYGY

8.7 94 CKJRK ENJ

XGRNXK =444 2% =.7 =454 54

IMTNRMA CKJRK NJRGXGYGY

IMTNRMA RMYM TAMVK CKJRK3 NJRGXGYGY 9=74 9?72 542

-=444 2% 4.7 -=484 -84

XGOAM IMA A =044 =>=2 =454 -=484 542

 

iks6 m.) rginhnr 84,444 bg prncm y mbgcís uj pmok bg =44,444 cís cís bks pmoks bg 24,444 imbm ujk m aks =4 y 84 cgsgs sncpag.. X/3 m.m.- =94,922.09 h.- =40,555.5? am cgfkr jtk bga 8.7% cgjsuma sncpag

 

 

bg =0 cgsgs.

 

G  

] RGJNM RMYM BG NJRGXGY NJIAWNBK

GFGXIN

 

cgjtg.

 

84 24444 8.74% 84 85,555.5?

bg vgjtm gs ‑m–

BG GPMCG .. BG GYRM CMJGXM BGHGX XGYTKJBGX GJ GPMCGJ…. GJ GA GYTMINK GJ HAMJIK

 

 

GXINMA

 

YNGCTXG BGHG YGX MJJWMA

 

 

 

GFGXININK BG GPMCGJ.... ...

. Gstg pamzk sngcprg gs bg am egi`m gj qug sg bgpksntm `mstm am egi`m jma bga rgrk tktma k bkjbg pnbmj ga

 

 

 

KX

IKJKIGX J AM IKJ AM

 

 

GFGXININ

   

cgsgs A WAM GA TAMVK BGA BGT M EGI@M ENJMA

BG GPMCGJ.

9?72 CKJRK ENJMA M XGRNXMX M AKY 8.7 BG MJKY MJKY